Announcement Details/Table Section :
We refer to the Company's announcements dated
17 November 2011 and 30 November 2011 and the
Circular to the shareholders of LEADER dated 9
January 2012 in respect of the Proposals.
(Unless otherwise defined, all terms and
abbreviations used in this announcement shall
have the same meaning ascribed in the aforesaid
announcements.)
On behalf of the Board of Directors of LEADER,
AmInvestment Bank Berhad wishes to announce
that Electricite du Cambodge ("EDC"), the
national electric power dispatch and
transmission agency of the Ministry of
Industry, Mines and Energy of the Government of
the Kingdom of Cambodia had vide its letter
dated 23 January 2012 informed that EDC has no
objection in respect of the proposed transfer
of the Assets and Liabilities to HNGC (which
for the avoidance of doubt includes the
proposed transfer of the shares in Leader
Universal (Hong Kong) Company Limited to HNGC
and the proposed change in the ultimate
shareholder of the 60% shareholdings in
Cambodia Utilities Pte Ltd) provided that
LEADER complies with the procedures for the
assignment and transfer as stated in the Power
Purchase Agreement dated 15 September 1994 (as
varied by the supplemental agreement dated 14
December 1994, 4 December 1996 and 29 May
2003).
This Announcement is dated 27 January 2012.