HLN Technologies Limited ("the Company") refers to the announcement made on 3 April 2007 Re: "HLN Secures S$4.0 million order for German automotive industry".
The Company disclosed in the announcement that the order when completed is expected to have a positive impact on the Group's revenue and profitability in the current financial year ending 31 December 2007.
We wish to clarify that based on our estimate, the order when completed will contribute an additional 0.27 cent to both earnings per share and NTA per share for the current financial year.
None of the directors or controlling or substantial shareholders of the Company has any interest, direct or indirect, in the above transactions other than through their shareholdings in the Company.
By order of the Board
Hein Ke Long
Executive Director