INVICTA HOLDINGS LIMITED - Voluntary announcement: the acquisition of the remaining shareholding of Invicta Asian Holdings PTE. LTD

Voluntary announcement: the acquisition of the remaining shareholding of Invicta Asian Holdings PTE. LTD

Invicta Holdings Limited

(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT ISIN code: ZAE000029773
Preference Share code: IVTP ISIN: ZAE000173399
(“Invicta” or “the Company”)

VOLUNTARY ANNOUNCEMENT: THE ACQUISITION OF THE REMAINING
SHAREHOLDING OF INVICTA ASIAN HOLDINGS PTE. LTD (“IAH”) THE HOLDING
COMPANY OF THE KIAN ANN ENGINEERING LIMITED GROUP (“KAG”)

Invicta shareholders are referred to the announcement released on the Stock
Exchange News Service (“SENS”) on 4 February 2013, which resulted in Invicta
acquiring 75.39% of IAH, the holding company of the KAG.
Invicta is pleased to announce that it has acquired the remaining shareholding of IAH
with effect from 1 October 2014 (“the Transaction”). IAH will therefore become a
wholly owned subsidiary of Invicta.
The key management consisting of Mr Law Peng Kwee and Mr Loy Soo Chew will
continue to serve as directors of KAG and IAH, with Mr Loy Soo Chew assuming the
position of Managing Director of KAG.
The Invicta Board believes that the 100% ownership and control of IAH and KAG will
provide an excellent platform and springboard for the international growth strategy of
Invicta going forward.
The Transaction is subject to South African Reserve Bank approval and it does not
constitute a reportable transaction in terms of the JSE Limited Listings Requirements.
Accordingly this announcement is made on a voluntary basis.

Cape Town
2 October 2014

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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