||Stock Transfer by Negotiated Transactions
||Daikin will acquire stock (totaling approximately 45.2%) through negotiated transactions from Hong Leong Secretarial Services Sdn. Bhd., a privately held subsidiary of the Malaysian financial group Hong Leong Group Holdings, a major Malaysian investment holding group and largest "OYL" shareholder with approximately 40% of the total amount of OYL issued stock, as well as from Mr. Liu Wan Min, the "OYL" president and highest ranking management executive and holder of 5.2% of the total amount of "OYL" issued stock. The purchase price is approximately RM3,441 million (approximately 108 billion yen).
||Remaining Shares through Mandatory General Offer (Maximum of approximately 54%)
||Period of Mandatory General Offer is from October 6, 2006 to October 27, 2006 (scheduled with possibility of extension).|
||Assuming that all shares are purchased, the total price of acquisition price total is projected to be RM4,167 million (approximately 131 billion yen).|