AHJ is a Malaysian public listed company listed on the Main Market of Bursa Malaysia Securities Berhad. It and its subsidiaries are involved in a range of businesses, particularly motor vehicle assembly and distribution, hospitals, and insurance.

AHJ wishes to acquire BKL Sdn Bdh, also a Malaysian public listed company listed on the Main Market of Bursa Securities. BKL and its subsidiaries are also involved in a range of businesses, being stock broking, blood banks, and telecommunications. AHJ is keen to acquire the entire share capital of BKL, if possible, and to delist BKL.

AHJ is already a shareholder of 10% of the ordinary shares of BKL. AHJ only has ordinary shares in the issue. BKL has, in issue, ordinary shares and redeemable convertible preference shares convertible into ordinary shares, both classes of which are listed.