LII HEN INDUSTRIES BHD (“LII HEN” OR THE “COMPANY”) – INDEPENDENT ADVICE IN RELATION TO THE PROPOSED ACQUISITION OF DPSB

LII HEN INDUSTRIES BHD (“LII HEN” OR THE “COMPANY”) – INDEPENDENT ADVICE IN RELATION TO THE PROPOSED ACQUISITION OF DPSB

KAF IB had, on 29 May 2017, on behalf of the Board, announced that FDSB had proposed to undertake the Proposed Acquisition of DPSB.

Pursuant to Paragraph 10.08 of the Main LR, the Proposed Acquisition of DPSB is deemed a related party transaction due to the interest of the Interested Directors and Interested Major Shareholders as set out in Section 9 of Part A of this circular. Accordingly, DWA Advisory has been appointed as the Independent Adviser to advise the non-interested directors and noninterested shareholders of LHIB in relation to the Proposed Acquisition of DPSB.

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