Company announcements: ABFMY1, CCB, MAHSING

ABFMY1 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement

Company Name	ABF MALAYSIA BOND INDEX FUND
Stock Name	ABFMY1
Date Announced	28 Mar 2014
Category	General Announcement
Reference No	AM-140328-653C5

Type	Announcement
Subject	NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description	ABF Malaysia Bond Index Fund - Valuation Point as at 27-03-2014
Fund: ABF Malaysia Bond Index Fund NAV per unit (RM): 1.0663 Units in circulation (units): 647,421,800 Manager's Fee (% p.a.): 0.10 Trustee's Fee (% p.a.): 0.07 License Fee (% p.a.): 0.018 iBoxx ABF Malaysia Index: 1.4484 Issue Price (RM): 1.07 (rounded to nearest Sen)

Attachments ABF Valuation Point as at 27 March 2014.xls 29 KB

---

CCB - Circular/Notice to Shareholders

Announcement Type: PDF Submission

Company Name	CYCLE & CARRIAGE BINTANG BERHAD
Stock Name	CCB
Date Announced	28 Mar 2014
Category	PDF Submission
Reference No	CK-140326-56063

Subject

Circular to Shareholders in relation to the Proposed Shareholders' Mandate for Cycle & Carriage Bintang Berhad and its Subsidiaries to enter into Recurrent Related Party Transactions of a Revenue or Trading Nature with Related Parties

Attachments CCB - RRPT (2014).pdf 662 KB

---

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

Announcement Type: General Announcement

Company Name	MAH SING GROUP BERHAD
Stock Name	MAHSING
Date Announced	28 Mar 2014
Category	General Announcement
Reference No	ML-140327-83627

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MAH SING GROUP BERHAD (“MAH SING” OR “COMPANY”) PROPOSED ACQUISITION BY SANJUNG TROPIKA DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING, OF THIRTY ONE (31) PIECES OF ADJOINING FREEHOLD LANDS WITH TOTAL NET LAND AREA MEASURING APPROXIMATELY 1,351.84 ACRES ALL IN TEMPAT OF LKTP CAHAYA BARU, MUKIM OF PLENTONG, DISTRICT OF JOHOR BAHRU, JOHOR DARUL TAKZIM FROM BISTARI LAND SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM401,163,937.85 (“PROPOSED ACQUISITION”)
This announcement should be read in conjunction with the earlier announcements made on 1 October 2013, 17 October 2013, 18 October 2013, 12 November 2013, 13 November 2013, 21 November 2013, 5 December 2013, 16 December 2013, 7 January 2014, 10 January 2014, 22 January 2014, 4 March 2014 and 14 March 2014. Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the announcements dated 1 October 2013 and 18 October 2013. 1. INTRODUCTION On behalf of the Board, Hong Leong Investment Bank Berhad wishes to announce that Sanjung Tropika had, on 27 March 2014, entered into a further supplemental agreement with Bistari to further vary, amend, modify or alter certain provisions, terms and conditions of the SPA (“Variations”) (“Further Supplemental Agreement”). The parties have mutually agreed to vary the purchase price from RM411,163,937.85 to RM401,163,937.85 (“Revised Purchase Price”) and to accelerate payment of RM6,000,000 of the Revised Purchase Price to the Vendor. The details of the Variations are set out in the ensuing sections. 2. DETAILS OF THE VARIATIONS The details of the Variations are as follows: Affected terms in the SPA As set out in the circular to shareholders dated 27 February 2014 Pursuant to the Further Supplemental Agreement Agreement to sell and purchase “The Vendor has agreed to sell and the Purchaser has agreed to purchase the Lands free from all past and present settlers/ squatters / tenants/ occupants/ licencees/ structures/ places of worship/ burial grounds/ encroachment” “The Vendor has agreed to sell and the Purchaser has agreed to purchase the Lands free from all past and present settlers/ squatters/ tenants/ occupants/ licencees/ structures/ places of worship/ burial grounds/ encroachment/ trees/ orchards/ plants” Consideration (Purchase Price) “Subject to the final measurement of the actual land area of the Lands, the total purchase consideration for the Lands shall be a total sum of RM411,163,937.85” “Subject to the final measurement of the actual land area of the Lands, the total purchase consideration for the Lands shall be a total sum of RM401,163,937.85” Consideration (Terms of payment of the Purchase Price) Please refer to the schedule of payment below The schedule of payment for the Revised Purchase Price is tabulated as follows: Amount (RM) Payment Payment Term As set out in the circular to shareholders dated 27 February 2014 Pursuant to the Further Supplemental Agreement Deposit At any time after the date of the SPA* 34,260,000.00 34,260,000.00 BPP 1A Within 7 working days after the relevant written approval from the Estate Land Board under and pursuant to Section 214A of the National Land Code, 1965, is obtained (payable to the Vendor’s solicitors as stakeholders) - 6,000,000.00 BPP 1 Within 7 days after the Transfer and the charge of the Lands in favour of the Purchaser’s financier have been presented for registration at the relevant land office/registry (towards the account of the balance of the Redemption Sum) 263,903,937.85 263,903,937.85 BPP 2 Within 7 days after the Transfer and the charge of the Lands in favour of the Purchaser’s financier have been presented for registration at the relevant land office/registry 37,666,666.00 31,666,666.00 BPP 3 Within 18 months from the date of the SPA provided that the Transfer and the charge of the Lands in favour of the Purchaser’s financier have been presented for registration at the relevant land office/registry or within 12 months from the date of payment of BPP 2, whichever shall be earlier 37,666,667.00 32,666,667.00 BPP 4 Within 24 months from the date of the SPA provided that the Transfer and the charge of the Lands in favour of the Purchaser’s financier have been presented for registration at the relevant land office/registry or within 6 months from the date of payment of BPP 3, whichever shall be earlier 37,666,667.00 32,666,667.00 Total 411,163,937.85 401,163,937.85 Note: * The Deposit was paid on 9 October 2013 and accepted by MBB on 11 October 2013. For the purpose of clarification and for the avoidance of doubt, all payments made by the Purchaser to the Vendor’s Solicitors in accordance with this Agreement shall be deemed and acknowledged by the Vendor as part payment towards the account of the Purchase Price. 3. EFFECTS OF THE VARIATIONS The Variations have no impact on the share capital and shareholdings of substantial shareholders, and are not expected to have a material impact on the earnings, NA and gearing of the Group for the financial year ending 31 December 2014. 4. DOCUMENT AVAILABLE FOR INSPECTION The Further Supplemental Agreement is available for inspection at the registered office of the Company at Penthouse Suite 1, Wisma Mah Sing, No. 163 Jalan Sungai Besi, 57100 Kuala Lumpur, during normal business hours from Mondays to Fridays (except for public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 28 March 2014.

---