AZRB - General Announcement
Announcement Type: General Announcement
Company Name: AHMAD ZAKI RESOURCES BERHAD
Stock Name: AZRB
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: Ahmad Zaki Resources Berhad ("AZRB" or "the Company")
-Defence and Counterclaim (Kuala Lumpur High Court Civil Suit No: S-22 NCVC -29-2010)
Contents: We refer to our announcement dated 18 October 2010 in relation to the writ of summons and statement of claim ("the Suit") that had been served against AZRB by Sime Engineering Sdn Bhd ("Sime Engineering"). We wish to inform that the Company had, on 2 December 2010, filed its Defence to the Suit by Sime Engineering and instituted a Counterclaim against Sime Engineering and members of the Malaysia-China Hydro Joint Venture ("MCH JV") Executive Committee ("Exco") namely Sinohydro Corporation (formerly known as China Water Resources and Hydropower Engineering Company) ("Sinohydro") and WCT Berhad ("WCT").
Our Counterclaim is on the basis of misrepresentations and/or the breaches on the part of Sime Engineering and/or WCT and/or Sinohydro of the Joint Venture Agreement ("JVA"); of their fiduciary duties; of their duties to promote and protect the interest of the MCH JV and the MCH JV parties; of trust and of their duty of care as pleaded in our Defence, which as a result, AZRB has suffered loss and damage.
Accordingly, AZRB is seeking for special damages of RM58,000,600 for loss of profits; general damages; interest; and costs from Sime Engineering, Sinohydro and WCT.
AZRB is also seeking a declaration in the Counterclaim that AZRB is released from its obligations under the JVA and in consequence the JVA is not binding or enforceable as against AZRB.
AZRB wishes to inform that our Counterclaim includes Edward & Sons (EM) Sdn Bhd, Syarikat Ismail Ibrahim Sdn Bhd and MTD Capital Berhad as defendants, being necessary parties to MCH JV. AZRB seeks no damages or costs against them.
This announcement is dated 3 December 2010.
Company Name: AHMAD ZAKI RESOURCES BERHAD
Stock Name: AZRB
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: Ahmad Zaki Resources Berhad ("AZRB" or "the Company")
-Defence and Counterclaim (Kuala Lumpur High Court Civil Suit No: S-22 NCVC -29-2010)
Contents: We refer to our announcement dated 18 October 2010 in relation to the writ of summons and statement of claim ("the Suit") that had been served against AZRB by Sime Engineering Sdn Bhd ("Sime Engineering"). We wish to inform that the Company had, on 2 December 2010, filed its Defence to the Suit by Sime Engineering and instituted a Counterclaim against Sime Engineering and members of the Malaysia-China Hydro Joint Venture ("MCH JV") Executive Committee ("Exco") namely Sinohydro Corporation (formerly known as China Water Resources and Hydropower Engineering Company) ("Sinohydro") and WCT Berhad ("WCT").
Our Counterclaim is on the basis of misrepresentations and/or the breaches on the part of Sime Engineering and/or WCT and/or Sinohydro of the Joint Venture Agreement ("JVA"); of their fiduciary duties; of their duties to promote and protect the interest of the MCH JV and the MCH JV parties; of trust and of their duty of care as pleaded in our Defence, which as a result, AZRB has suffered loss and damage.
Accordingly, AZRB is seeking for special damages of RM58,000,600 for loss of profits; general damages; interest; and costs from Sime Engineering, Sinohydro and WCT.
AZRB is also seeking a declaration in the Counterclaim that AZRB is released from its obligations under the JVA and in consequence the JVA is not binding or enforceable as against AZRB.
AZRB wishes to inform that our Counterclaim includes Edward & Sons (EM) Sdn Bhd, Syarikat Ismail Ibrahim Sdn Bhd and MTD Capital Berhad as defendants, being necessary parties to MCH JV. AZRB seeks no damages or costs against them.
This announcement is dated 3 December 2010.
CENTURY - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 03/12/2010
Announcement Detail:
Date of buy back: 03/12/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,000
Minimum price paid for each share purchased ($$): 1.770
Maximum price paid for each share purchased ($$): 1.770
Total consideration paid ($$): 35,400.00
Number of shares purchased retained in treasury (units): 20,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,314,720
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.04
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 03/12/2010
Announcement Detail:
Date of buy back: 03/12/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,000
Minimum price paid for each share purchased ($$): 1.770
Maximum price paid for each share purchased ($$): 1.770
Total consideration paid ($$): 35,400.00
Number of shares purchased retained in treasury (units): 20,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,314,720
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.04
MILUX - General Announcement
Announcement Type: General Announcement
Company Name: MILUX CORPORATION BERHAD
Stock Name: MILUX
Date Announced: 03/12/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-101202-41327
Subject: MILUX CORPORATION BERHAD
Proposed acquisition of all that piece of freehold industrial land identified as Lot 97 within Rawang Integrated Industrial Park and held under Industrial title Geran 205564, Lot 19029 Seksyen 20, Bandar Rawang Daerah Gombak, Negeri Selangor together with buildings erected thereon by T. H. Hin Sdn. Bhd., a wholly-owned subsidiary of the Company from Sterilgamma International Sdn. Bhd for RM4.2 million
Contents: MILUX CORPORATION BERHAD
Proposed acquisition of all that piece of freehold industrial land identified as Lot 97 within Rawang Integrated Industrial Park and held under Industrial title Geran 205564, Lot 19029 Seksyen 20, Bandar Rawang Daerah Gombak, Negeri Selangor together with buildings erected thereon by T. H. Hin Sdn. Bhd., a wholly-owned subsidiary of the Company from Sterilgamma International Sdn. Bhd for RM4.2 million
Query Letter content: We refer to your Company's announcement dated 1 December 2010, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The net book value of the property based on the latest audited financial
statements of the Vendor;
The breakdown of the internally generated funds and bank borrowings to finance
the proposed acquisition; and
The approximate age and area of the buildings.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
CFT/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Milux_query_purchase-property.doc
Company Name: MILUX CORPORATION BERHAD
Stock Name: MILUX
Date Announced: 03/12/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-101202-41327
Subject: MILUX CORPORATION BERHAD
Proposed acquisition of all that piece of freehold industrial land identified as Lot 97 within Rawang Integrated Industrial Park and held under Industrial title Geran 205564, Lot 19029 Seksyen 20, Bandar Rawang Daerah Gombak, Negeri Selangor together with buildings erected thereon by T. H. Hin Sdn. Bhd., a wholly-owned subsidiary of the Company from Sterilgamma International Sdn. Bhd for RM4.2 million
Contents: MILUX CORPORATION BERHAD
Proposed acquisition of all that piece of freehold industrial land identified as Lot 97 within Rawang Integrated Industrial Park and held under Industrial title Geran 205564, Lot 19029 Seksyen 20, Bandar Rawang Daerah Gombak, Negeri Selangor together with buildings erected thereon by T. H. Hin Sdn. Bhd., a wholly-owned subsidiary of the Company from Sterilgamma International Sdn. Bhd for RM4.2 million
Query Letter content: We refer to your Company's announcement dated 1 December 2010, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The net book value of the property based on the latest audited financial
statements of the Vendor;
The breakdown of the internally generated funds and bank borrowings to finance
the proposed acquisition; and
The approximate age and area of the buildings.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
CFT/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Milux_query_purchase-property.doc
BONIA - Announcement of Result of the Extraordinary General Meeting
Announcement Type: General Announcement
Company Name: BONIA CORPORATION BERHAD
Stock Name: BONIA
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: Announcement of Result of the Extraordinary General Meeting
Contents: The Board of Directors of Bonia Corporation Berhad is pleased to announce that the resolution set out in the Notice of Extraordinary General Meeting ("EGM") dated 18 November 2010 was approved by the shareholders at the EGM held on 3 December 2010. A copy of the said Notice of EGM is attached herewith for reference purposes.
This announcement is dated 3 December 2010.
Attachments: Notice of EGM-18112010.pdf
Company Name: BONIA CORPORATION BERHAD
Stock Name: BONIA
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: Announcement of Result of the Extraordinary General Meeting
Contents: The Board of Directors of Bonia Corporation Berhad is pleased to announce that the resolution set out in the Notice of Extraordinary General Meeting ("EGM") dated 18 November 2010 was approved by the shareholders at the EGM held on 3 December 2010. A copy of the said Notice of EGM is attached herewith for reference purposes.
This announcement is dated 3 December 2010.
Attachments: Notice of EGM-18112010.pdf
FSBM - Update on Litigation Against Technitium Sdn Bhd
Announcement Type: General Announcement
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: Update on Litigation Against Technitium Sdn Bhd
Contents: FSBM CTech Sdn Bhd (Ctech), a wholly owned subsidiary of the Company has filed action against Technitium Sdn Bhd (TSB) for the recovery of a debt of RM32,409,434.77.
TSB has filed an application to stay proceedings pending arbitration and the Court has dismissed the said application with cost on 2.12.2010.
CTech's application for summary judgment is now fixed for mention on 26.1.2011 pending finalization of affidavits.
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: Update on Litigation Against Technitium Sdn Bhd
Contents: FSBM CTech Sdn Bhd (Ctech), a wholly owned subsidiary of the Company has filed action against Technitium Sdn Bhd (TSB) for the recovery of a debt of RM32,409,434.77.
TSB has filed an application to stay proceedings pending arbitration and the Court has dismissed the said application with cost on 2.12.2010.
CTech's application for summary judgment is now fixed for mention on 26.1.2011 pending finalization of affidavits.
LINEAR - General Announcement
Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ('Linear" or "Company")
Monthly Announcement Pursuant to Practice Note No. 1/2001
("PN1") of the Main Market Listing requirements of Bursa
Malaysia Securities Berhad
Writ of Summons by RHB Bank Berhad in relation to Banking
Facilities granted to LCI Global Sdn. Bhd. (formerly known as
Linear Cooling Industries Sdn. Bhd.) - a wholly owned
subsidiary of the Company
Contents: Monthly Announcement Pursuant to Practice Note No. 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ('Linear" or "Company")
Monthly Announcement Pursuant to Practice Note No. 1/2001
("PN1") of the Main Market Listing requirements of Bursa
Malaysia Securities Berhad
Writ of Summons by RHB Bank Berhad in relation to Banking
Facilities granted to LCI Global Sdn. Bhd. (formerly known as
Linear Cooling Industries Sdn. Bhd.) - a wholly owned
subsidiary of the Company
Contents: Monthly Announcement Pursuant to Practice Note No. 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
LINEAR - General Announcement
Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
Monthly Announcement Pursuant to Practice Note No. 1/2001
("PN1") of the Main Market Listing Requirements of Bursa
Malaysia Securities Berhad
Writ of Summon by RHB Bank Berhad in relation to Banking
Facility granted to BAC Cooling Technology Sdn. Bhd. - 70%
owned subsidiary of the Company
Contents: Monthly Announcement Pursuant to Practice Note 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
Monthly Announcement Pursuant to Practice Note No. 1/2001
("PN1") of the Main Market Listing Requirements of Bursa
Malaysia Securities Berhad
Writ of Summon by RHB Bank Berhad in relation to Banking
Facility granted to BAC Cooling Technology Sdn. Bhd. - 70%
owned subsidiary of the Company
Contents: Monthly Announcement Pursuant to Practice Note 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
SAAG - SAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company")
Announcement Type: General Announcement
Submitting Merchant Bank: MIDF AMANAH INVESTMENT BANK BERHAD
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: SAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company")
Contents: (I) Proposed renounceable two (2) call rights issue of up to 5,200,549,005 new ordinary shares of RM0.10 each in SAAG ("Rights Share(s)") on the basis of five (5) Rights Shares for every two (2) existing ordinary shares of RM0.10 each held in SAAG ("SAAG Share(s)") together with up to 1,040,109,801 free detachable warrants ("Warrant(s)") on the basis of one (1) Warrant for every five (5) Rights Shares subscribed ("Proposed Rights Issue");
(II) Proposed issuance of up to such amount of United States Dollar ("USD") (not exceeding the Differential Intended Gross Proceeds as defined below) nominal value five (5)-year unsecured guaranteed exchangeable bonds by SAAG (L) Limited ("SAAGL"), a wholly-owned subsidiary of the Company ("Exchangeable Bonds") which are exchangeable into new SAAG Shares ("Proposed Exchangeable Bonds"); and / or
(III) Proposed issuance of up to such amount of Ringgit Malaysia ("RM") (not exceeding the Differential Intended Gross Proceeds) nominal value of five (5)-year irredeemable convertible preference shares of RM0.10 each in SAAG ("ICPS") which are convertible into new SAAG Shares ("Proposed ICPS Issue");
(IV) Proposed establishment of an Employees' Share Option Scheme ("ESOS") of up to fifteen per centum (15%) of the issued and paid-up share capital of SAAG at anytime for the Directors (including Non-Executive Directors) of SAAG and eligible employees of SAAG and its subsidiaries ("SAAG Group" or "Group") ("Proposed ESOS" or "Scheme"); and
(V) Proposed amendments to the Memorandum and Articles of Association of SAAG ("Memorandum and Articles") ("Proposed Amendments");
(collectively, referred to as the "Proposals").
Submitting Merchant Bank: MIDF AMANAH INVESTMENT BANK BERHAD
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: SAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company")
Contents: (I) Proposed renounceable two (2) call rights issue of up to 5,200,549,005 new ordinary shares of RM0.10 each in SAAG ("Rights Share(s)") on the basis of five (5) Rights Shares for every two (2) existing ordinary shares of RM0.10 each held in SAAG ("SAAG Share(s)") together with up to 1,040,109,801 free detachable warrants ("Warrant(s)") on the basis of one (1) Warrant for every five (5) Rights Shares subscribed ("Proposed Rights Issue");
(II) Proposed issuance of up to such amount of United States Dollar ("USD") (not exceeding the Differential Intended Gross Proceeds as defined below) nominal value five (5)-year unsecured guaranteed exchangeable bonds by SAAG (L) Limited ("SAAGL"), a wholly-owned subsidiary of the Company ("Exchangeable Bonds") which are exchangeable into new SAAG Shares ("Proposed Exchangeable Bonds"); and / or
(III) Proposed issuance of up to such amount of Ringgit Malaysia ("RM") (not exceeding the Differential Intended Gross Proceeds) nominal value of five (5)-year irredeemable convertible preference shares of RM0.10 each in SAAG ("ICPS") which are convertible into new SAAG Shares ("Proposed ICPS Issue");
(IV) Proposed establishment of an Employees' Share Option Scheme ("ESOS") of up to fifteen per centum (15%) of the issued and paid-up share capital of SAAG at anytime for the Directors (including Non-Executive Directors) of SAAG and eligible employees of SAAG and its subsidiaries ("SAAG Group" or "Group") ("Proposed ESOS" or "Scheme"); and
(V) Proposed amendments to the Memorandum and Articles of Association of SAAG ("Memorandum and Articles") ("Proposed Amendments");
(collectively, referred to as the "Proposals").
PLS - LOGS PRODUCTION FOR THE MONTH OF NOVEMBER 2010
Announcement Type: General Announcement
Company Name: PLS PLANTATIONS BERHAD
Stock Name: PLS
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: LOGS PRODUCTION FOR THE MONTH OF NOVEMBER 2010
Contents: In accordance with Paragraph 9.36 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of PLS Plantations Berhad is pleased to announce that the logs production of the Group for the month of November 2010 was 9,564.15 metric tan.
Company Name: PLS PLANTATIONS BERHAD
Stock Name: PLS
Date Announced: 03/12/2010
Announcement Detail:
Type: Announcement
Subject: LOGS PRODUCTION FOR THE MONTH OF NOVEMBER 2010
Contents: In accordance with Paragraph 9.36 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of PLS Plantations Berhad is pleased to announce that the logs production of the Group for the month of November 2010 was 9,564.15 metric tan.
MAHJAYA - General Announcement
Announcement Type: General Announcement
Company Name: MAHAJAYA BERHAD
Stock Name: MAHJAYA
Date Announced: 03/12/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-101202-61399
Subject: MAHAJAYA BERHAD ("MB" or "the Company")
- ACQUISITION OF LAND BY MAHAJAYA PROPERTY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("ACQUISITION")
Contents: The Company's announcement dated 30 November 2010 and the query letter from Bursa Malaysia Securities Berhad dated 2 December 2010 pertaining to the above matter refer. The Board of Directors of MB is pleased to provide the following additional information for public release:-
1. Net book value ("NBV") of the land, based on the latest audited financial statements
The land was acquired from the individual Vendors and thus, no NBV was provided by the Vendors.
2. Breakdown in the source of funding
The Purchase Price will be financed through internally generated funds.
3. Details of the Vendors
The details of the Vendors i.e. name and NRIC No. has been stated in the announcement dated 30 November 2010.
4. Whether any valuation was carried out on the land; if so, the name of the independent registered valuer, date and method of valuation, quantification of the market value, salient features of the valuation report and the time and place where such valuation report may be inspected.
There was no valuation been carried out on the land. The Purchase Price for the Land was arrived at a "willing-buyer willing-seller" basis.
5. Completion date of the development
Barring unforeseen circumstances, the proposed development of the land is expected to be completed before 2013.
6. Source of funds to finance the development cost
The development cost of the land is expected to be financed through internal generated funds.
Query Letter content: We refer to your announcement dated 30 November 2010, in respect of the
aforesaid Acquisition.
In this connection, kindly furnish Bursa Malaysia Securities Berhad with the
following additional information for public release:
Net book value of the land, based on latest audited financial statements;
Breakdown in the Source of funding;
Details of the Vendors;
Whether any valuation was carried on the land, if so, information on the
following:-
(i) name of the independent, registered valuer;
(ii) date and method of valuation;
(iii) quantification of the market value;
(iv) salient features of the valuation report;
(v) time and place where the valuation report may be inspected.
5. Completion date of the development; and
6. Source of funds to finance the development cost.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
MARZUKI MAIDIN
Senior Manager, Issuers
Listing Division
Regulation
MZM/RSA
Copy to: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Company Name: MAHAJAYA BERHAD
Stock Name: MAHJAYA
Date Announced: 03/12/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-101202-61399
Subject: MAHAJAYA BERHAD ("MB" or "the Company")
- ACQUISITION OF LAND BY MAHAJAYA PROPERTY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("ACQUISITION")
Contents: The Company's announcement dated 30 November 2010 and the query letter from Bursa Malaysia Securities Berhad dated 2 December 2010 pertaining to the above matter refer. The Board of Directors of MB is pleased to provide the following additional information for public release:-
1. Net book value ("NBV") of the land, based on the latest audited financial statements
The land was acquired from the individual Vendors and thus, no NBV was provided by the Vendors.
2. Breakdown in the source of funding
The Purchase Price will be financed through internally generated funds.
3. Details of the Vendors
The details of the Vendors i.e. name and NRIC No. has been stated in the announcement dated 30 November 2010.
4. Whether any valuation was carried out on the land; if so, the name of the independent registered valuer, date and method of valuation, quantification of the market value, salient features of the valuation report and the time and place where such valuation report may be inspected.
There was no valuation been carried out on the land. The Purchase Price for the Land was arrived at a "willing-buyer willing-seller" basis.
5. Completion date of the development
Barring unforeseen circumstances, the proposed development of the land is expected to be completed before 2013.
6. Source of funds to finance the development cost
The development cost of the land is expected to be financed through internal generated funds.
Query Letter content: We refer to your announcement dated 30 November 2010, in respect of the
aforesaid Acquisition.
In this connection, kindly furnish Bursa Malaysia Securities Berhad with the
following additional information for public release:
Net book value of the land, based on latest audited financial statements;
Breakdown in the Source of funding;
Details of the Vendors;
Whether any valuation was carried on the land, if so, information on the
following:-
(i) name of the independent, registered valuer;
(ii) date and method of valuation;
(iii) quantification of the market value;
(iv) salient features of the valuation report;
(v) time and place where the valuation report may be inspected.
5. Completion date of the development; and
6. Source of funds to finance the development cost.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
MARZUKI MAIDIN
Senior Manager, Issuers
Listing Division
Regulation
MZM/RSA
Copy to: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
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