March 22, 2013

Company announcements: PUNCAK, GUNUNG

PUNCAK - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced22 Mar 2013  
CategoryGeneral Announcement
Reference NoML-130322-69594

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionPUNCAK NIAGA HOLDINGS BERHAD (“PNHB”)

(I) PROPOSED FREE WARRANTS ISSUE
(II) PROPOSED CONVERTIBLE SUKUK IJARAH ISSUE

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the announcements dated 27 September 2012, 8 October 2012, 18 October 2012 and 21 January 2013 in relation to the Proposals. The terms used in this announcement shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.
On behalf of the Board of Directors of PNHB, Hong Leong Investment Bank Berhad (formerly known as MIMB Investment Bank Berhad) (“HLIB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, via its letter dated 22 March 2013 has resolved to approve PNHB’s application for the following:

(a) admission to the Official List and the listing and quotation of up to 40,910,609 Warrants to be issued pursuant to the Proposed Free Warrants Issue;

(b) listing of up to 40,910,609 new PNHB Shares to be issued pursuant to the exercise of the Warrants; and

(c) listing of up to 165,000,000 new PNHB Shares to be issued pursuant to the conversion of the Convertible Sukuk.

The approval of Bursa Securities is subject to the following conditions:

(a) PNHB and HLIB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposals;
    (b) PNHB and HLIB to inform Bursa Securities upon the completion of the Proposals;
      (c) PNHB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposals are completed;
        (d) PNHB is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants and Convertible Sukuk as at the end of each quarter together with a detailed computation of listing fees payable; and

        (e) A certified true copy of the resolution passed by shareholders at the extraordinary general meeting for the Proposals.

        This announcement is dated 22 March 2013.

        GUNUNG - Additional Listing Announcement

        Announcement Type: Additional Listing Announcement (ALA)
        Company NameGUNUNG CAPITAL BERHAD  
        Stock Name GUNUNG  
        Date Announced22 Mar 2013  
        CategoryAdditional Listing Announcement (ALA)
        Reference NoCG-130322-E5E73

        1. Details of Corporate Proposal

        Whether the corporate proposal involves the issuance of new type
        and new class of securities?        		No
        Types of corporate proposalOthers
        Details of corporate proposalConversion of Warrants 2003/2013 (Gunung-WA)
        No. of shares issued under this corporate proposal23,400
        Issue price per share ($$)MYR 0.400
        Par Value ($$)MYR 0.400
        Latest issued and paid up share capital after the above corporate proposal in the following
        Units114,117,411
        CurrencyMYR 45,646,964.400
        Listing Date26/03/2013

        Stocks: ,

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