Circulars

28 May 2021
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (i) PROPOSED BONUS ISSUE OF UP TO 492,407,738 NEW ORDINARY SHARES IN HEXTAR GLOBAL BERHAD ("BONUS SHARE(S)") ON THE BASIS OF 3 BONUS SHARES FOR EVERY 5 EXISTING ORDINARY SHARES IN HEXTAR HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER; (ii) PROPOSED ACQUISITIONS OF: (a) 500,000 ORDINARY SHARES IN ALPHA AIM (M) SDN BHD ("AASB"), REPRESENTING 100% EQUITY INTEREST IN AASB FROM TAN SEIO BENG AND CHAN KWEI LING; AND (b) 1,050,014 ORDINARY SHARES IN CHEMPRO TECHNOLOGY (M) SDN BHD ("CTSB"), REPRESENTING 100% EQUITY INTEREST IN CTSB FROM TAN SEIO BENG, CHEOK VIPING AND WETACHO (M) SDN BHD; FOR A TOTAL PURCHASE PRICE OF RM138,000,000.00 TO BE FULLY SATISFIED BY CASH; (iii) PROPOSED DIVERSIFICATION OF THE BUSINESS ACTIVITIES OF HEXTAR AND ITS SUBSIDIARIES TO INCLUDE THE BUSINESS OF MANUFACTURING AND DISTRIBUTION OF SPECIALTY CLEANING CHEMICALS PRODUCTS SUCH AS LATEX POLYMERS, COAGULANTS, DETERGENTS, DEGREASERS, CHLORINE SANITISER AND OTHERS (COLLECTIVELY, "PROPOSALS") AND NOTICE OF EXTRAORDINARY GENERAL MEETING
30 April 2021
Part A - Circular to Shareholders in relation to the Proposed Renewal of Shareholders Mandate and New Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. Part B - Statement to Shareholders in relation to the Proposed Renewal of Authority for Share Buy-Back.