HLT

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MULTIPLE PROPOSALS HLT GLOBAL BERHAD ("HLT" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; (II) PROPOSED CAPITAL REDUCTION; (III) PROPOSED PRIVATE PLACEMENT; AND (IV) PROPOSED ALLOCATIONS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

HLT GLOBAL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
HLT GLOBAL BERHAD ("HLT" OR THE "COMPANY")

(I)	PROPOSED SHARE CONSOLIDATION;
(II)	PROPOSED CAPITAL REDUCTION; 
(III)	PROPOSED PRIVATE PLACEMENT; AND
(IV)	PROPOSED ALLOCATIONS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

(For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company's announcement in relation to the Proposals dated 31 March 2026.)

 

 

We refer to the Company's announcement dated 31 March 2026 and its subsequent announcements in relation to the Proposals.

 

On behalf of the Board, KAF IB wishes to announce that Bursa Securities had, vide its letter dated 18 September 2026, resolved to approve the following:-

 

(i)          Proposed Share Consolidation; and

 

(ii)         Listing of and quotation of up to 37,643,700 Placement Shares to be issued pursuant to the Proposed Private Placement.

 

The approval granted by Bursa Securities for the Proposals is subject to the following conditions:-

 

(a)          HLT must comply with the public security holding spread requirements pursuant to Rule 8.02(1) of the ACE Market Listing Requirements ("ACE LR") upon listing and quotation of the Placement Shares.

 

(b)          HLT and KAF must fully comply with the relevant provisions under the ACE LR pertaining to the implementation of the Proposals.

 

(c)          HLT/ KAF is required to make the relevant announcements pursuant to Rule 6.57(ii) and (iii) and Rule 13.20(2) of the ACE LR pertaining to Proposed Share Consolidation.

 

(d)          KAF to furnish Bursa Securities with a certified true copy of the resolutions passed by the shareholders in a general meeting approving the Proposals.

 

(e)          HLT and KAF to inform Bursa Securities upon the completion of Proposals.

 

(f)           HLT to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed.

 

 

This announcement is dated 21 September 2026.



Announcement Info

Company Name HLT GLOBAL BERHAD
Stock Name HLT
Date Announced 21 Sep 2026
Category General Announcement for PLC
Reference Number GA1-21092026-00013


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