February 14, 2012

Company announcements: SAAG

SAAG - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 13/02/2012

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: SAAG Consolidated (M) Bhd ("SAAG" or "the Company")
- Proposed Debt Restructuring by SAAG Group in respect of facilities from AmBank (M) Berhad, Export-Import Bank Malaysia Berhad ("EXIM Bank") and Collateral Loan Obligation Holders ("CLO Holders") (collectively "Loan Creditors") as at 31 July 2011 ("Proposed Debt Restructuring")

Attachments: Announcement - Prop Debt Restruturing.pdf


SAAG - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: INTER-PACIFIC SECURITIES SDN BHD
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 13/02/2012

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: SAAG CONSOLIDATED (M) BHD ("SAAG" OR THE "COMPANY")

- PROPOSED RESTRICTED ISSUE;
- PROPOSED ISSUANCE OF WARRANTS B TO LOAN CREDITORS;
- PROPOSED RIGHTS ISSUE WITH WARRANTS C;
- PROPOSED PROVISION OF FINANCIAL ASSISTANCE; AND
- PROPOSED EMPLOYEES' SHARE OPTION SCHEME.

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Attachments: SAAG-Multiple Proposals.pdf


SAAG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 13/02/2012

Announcement Detail:
Type: Announcement

Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description: SAAG Consolidated (M) Bhd ("SAAG" or "the Company")
- Subscription Agreement entered between SAAG and Garisan Etika Bangladesh (Pvt) Ltd
- Shareholders Agreement entered between SAAG, Dato' Mohd Tuffile Bin Nawab Din, Kondapuram Raghuram, Garisan Etika (M) Sdn Bhd and Garisan Etika Bangladesh (Pvt) Ltd

Attachments: Announcement - Proposed Subcription.pdf


SAAG - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 13/02/2012

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: SAAG Consolidated (M) Bhd ("SAAG" or "the Company")

(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

(IV) Proposed amendments to the Memorandum and Articles of Association of SAAG ("Memorandum and Articles") ("Proposed Amendments");

(collectively, referred to as the "Proposals").


SAAG - SAAG-TRADING HALT

Announcement Type: Listing Circular
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 14/02/2012

Announcement Detail:
Subject: SAAG-TRADING HALT

Contents: Kindly be advised that trading in the above Company's shares will be halted with effect from 9.00 a.m. Tuesday, 14 February 2012. Trading in the shares will resume with effect from 2.30 p.m., Tuesday, 14 February 2012.

Your attention is drawn to SAAG CONSOLIDATED (M) BHD's announcements dated 13 February 2012.


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