HONG LEONG BANK BERHAD (“HLB”)

Hong Leong Bank Berhad (“HLB”)  wishes to announce that the High Court of Malaya had on 17 June 2011, granted a Vesting Order  for the transfer  of the whole of the business including all assets and liabilities  of EON Bank Berhad to HLB with effect from 1 July  2011. 

For Immediate Release
Entire Business of EON Bank Berhad Transferred
to Hong Leong Bank Effective 1 July 2011.
Kuala Lumpur, 17 June 2011 – Hong Leong Bank Berhad (“HLBB”) wishes to announce that the High Court had today 17 June 2011, granted a Vesting Order transferring the entire business including all assets and liabilities of EON Bank Berhad to HLBB with effect from 1 July 2011. Following the vesting, EON Bank Berhad will become a dormant company.
"The granting of the Vesting Order is a key step towards merging the operating businesses of both banks. While it is effective from 1 July 2011, it will continue to be business-as-usual for customers and business associates of both banks until further notice. Uninterrupted service and seamless continuity of our banking operations at both banks will continue.
Like all bank mergers, the full integration process will take time before we can truly operate on a single platform. The merger is making solid progress at this stage, and we have forged very good camaraderie between the two banks in a very short time. These are exciting times for all of us and the new senior leadership team is focused, passionate and committed to the success of this merger. This is a growth merger for all stakeholders," commented Ms. Yvonne Chia, Group Managing Director / Chief Executive.
- End

TOP GLOVE NET PROFIT DROP MORE THAN 50%

Financial Results

Reference No TG-110610-59062

Company Name	:	TOP GLOVE CORPORATION BHD
Stock Name	:	TOPGLOV
Date Announced	:	17/06/2011

Financial Year End	:	31/08/2011
Quarter	:	3
Quarterly report for the financial period ended	:	31/05/2011
The figures	:	have not been audited

Converted attachment :

Remark:

• DEFAULT CURRENCY
• OTHER CURRENCY

Currency	:	Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION

31/05/2011

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/05/2011	31/05/2010	31/05/2011	31/05/2010
		$$'000	$$'000	$$'000	$$'000
1	Revenue	535,363	555,851	1,512,080	1,538,046
2	Profit/(loss) before tax	34,505	83,324	110,385	263,852
3	Profit/(loss) for the period	26,041	65,380	88,314	204,186
4	Profit/(loss) attributable to ordinary equity holders of the parent	25,597	64,484	87,057	200,218
5	Basic earnings/(loss) per share (Subunit)	4.14	10.55	14.08	32.84
6	Proposed/Declared dividend per share (Subunit)	5.00	7.00	5.00	7.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.8200		1.8100

Remarks :

For comparative purpose, the Earning Per Share for the quarter and year-to-date ended 31 May 2010 had adjusted to reflect the bonus issue of 1 for every 1 existing ordinary shares of par value RM0.50 each which was completed on 20 July 2010.