December 2, 2010

Company announcements: MMM

MMM - General Announcement

Announcement Type: General Announcement
Company Name: MALAYSIAN MERCHANT MARINE BERHAD
Stock Name: MMM
Date Announced: 02/12/2010

Announcement Detail:
Type: Announcement

Subject: MALAYSIAN MERCHANT MARINE BERHAD ("MMM" or " Company ")
MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1("PN 1" )OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR")

Contents: With reference to the First Announcement made by the Company on 22nd March 2010, 24 March 2010, 29 March 2010, 30 March 2010 , 31 March 2010 , 3 May 2010 , 1 June 2010 , 1 July 2010, 11th August 2010 , 6th September 2010,4th October 2010 and 1st November 2010 in respect of the default in payment on the Primary Collateralised Loan Transaction facility and the Islamic Debt Securities under the Syariah Principle of Al- Bai' Bithaman Ajil, the Board of Directors of the Company wishes to inform that there have not been any changes in the status of the dafault since then.

The Company is in discussions with external consultants with a view to addressing the regularisation plan. When a decision is made by the Board , an appropriate announcement will be made.

Since the company's announcement on 1st November 2010 there was no new development on the matter. Announcements will be made in due course if there is further development.


MMM - General Announcement

Announcement Type: General Announcement
Company Name: MALAYSIAN MERCHANT MARINE BERHAD
Stock Name: MMM
Date Announced: 02/12/2010

Announcement Detail:
Type: Announcement

Subject: MALAYSIAN MERCHANT MARINE BERHAD ("MMM" or " Company ")
Monthly announcement on the status of Regularisation Plan pursuant to Practise Note 17 ("PN 17") of the Main Market Listing Requirements ("MMLR")

Contents: With reference to the First Announcement made by the Company on 5 March 2010 and subsequent announcement made on 8 March 2010, 15 March 2010, 23 March 2010, 30 March 2010, 31 March 2010 ,3 May 2010 , 1 June 2010 , 1st July 2010 , 11th August 2010 , 6th September , 4th October and 1st November 2010 pertaining to paragraph 2.1 (a) and 2.1 (F) of PN 17 of the MMLR, the board of directors of the Company wishes to inform that the Company is in discussions with external consultants with a view to addressing the regularisation plan. When a decision is made by the Board , an appropriate announcement will be made.

The Company has approximately another Three (3)months to submit its Regularisation Plan to the relevant authorities for approval



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