Nov 14 (Reuters) - Hills Ltd (HIL) :
- Proposed demerger of shares held by hills in lincor limited to eligible hills shareholders
- Proposed lincor limited initial public offering ("ipo") to raise required capital has now been deferred along with proposed demerger
- Chris jacka, currently deputy cfo, has been appointed cfo of hills effective today
- Update on proposed merger & demerger of lincor-hil.ax
