CIMBA40 - CIMB FTSE ASEAN 40 Malaysia - Valuation Point as at 26 July 2010
Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE ASEAN 40 Malaysia - Valuation Point as at 26 July 2010
Contents: Fund: CIMB FTSE ASEAN 40 Malaysia
NAV per unit (RM): 1.4295
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 9029.82
Attachments: CIMB FTSE ASEAN 40 Malaysia 20100726.pdf
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE ASEAN 40 Malaysia - Valuation Point as at 26 July 2010
Contents: Fund: CIMB FTSE ASEAN 40 Malaysia
NAV per unit (RM): 1.4295
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 9029.82
Attachments: CIMB FTSE ASEAN 40 Malaysia 20100726.pdf
CIMBX25 - CIMB FTSE Xinhua China 25 - Valuation Point as at 26 July 2010
Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE XINHUA CHINA 25
Stock Name: CIMBX25
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE Xinhua China 25 - Valuation Point as at 26 July 2010
Contents: Fund: CIMB FTSE Xinhua China 25
NAV per unit (RM): 1.0282
Units in circulation (units): 21,450,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 17,995.58
Attachments: CIMB FTSE Xinhua China 25 20100726.pdf
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE XINHUA CHINA 25
Stock Name: CIMBX25
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE Xinhua China 25 - Valuation Point as at 26 July 2010
Contents: Fund: CIMB FTSE Xinhua China 25
NAV per unit (RM): 1.0282
Units in circulation (units): 21,450,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 17,995.58
Attachments: CIMB FTSE Xinhua China 25 20100726.pdf
PENERGY - General Announcement
Announcement Type: General Announcement
Company Name: PETRA ENERGY BERHAD
Stock Name: PENERGY
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Kencana Bestwide Sdn Bhd (formerly known as Best Wide Matrix Sdn Bhd) ("KBSB") vs Petra Fabricators Sdn Bhd ("PFSB"); and PFSB's Counter-Claim
Contents: Please see announcement details below.
Company Name: PETRA ENERGY BERHAD
Stock Name: PENERGY
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Kencana Bestwide Sdn Bhd (formerly known as Best Wide Matrix Sdn Bhd) ("KBSB") vs Petra Fabricators Sdn Bhd ("PFSB"); and PFSB's Counter-Claim
Contents: Please see announcement details below.
KENMARK - General Announcement
Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Kenmark Industrial Co. (M) Berhad ("Kenmark" or "the Company")
- Delay in the issuance of the Audited Financial Statements for the Financial Year Ended 31 March 2010 ("AFS 2010")
Contents: Kenmark wishes to announce that the Company had on 15 July 2010 made an application to Bursa Securities for an extension of time to issue the AFS 2010 due to the following reasons:
1. The External Auditors has notified that they will not be able to start the audit of the AFS 2010 until their fees for the audit services rendered in respect of the Kenmark Group financial statements for financial year ended 31 March 2009 and an advance as part of the proposed audit fees of AFS 2010 have been paid. The Company will not be able to make this payment during this period of time due to the tight cashflow and there being other payments that are in priority to this.
2. A structured payment proposal has been given to the Auditors and the Board is now awaiting a reply from the Auditors with regards to the payment proposal.
3. Most of the Company's records have been taken by the Securities Commission and the Company do not foresee the External Auditors will be able to present the AFS 2010 by the end of this month.
However, the Company has on 21 July 2010 received a rejection from Bursa Securities to the above application.
The Company will not be able to issue the AFS 2010 by the end of the Relevant Timeframe, i.e. not later than 4 months after the close of the financial year, which is 31 July 2010.
A suspension of trading will be effected by Bursa Securities on the next market day after the expiry of 5 market days from the Relevant Timeframe.
The date suspension of trading will be effected on 9 August 2010.
The Directors are unable to advise at this juncture as to when the AFS 2010 can be finalised or issued but will endeavour to have the same issued as soon as possible.
This announcement is dated 26 July 2010.
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Kenmark Industrial Co. (M) Berhad ("Kenmark" or "the Company")
- Delay in the issuance of the Audited Financial Statements for the Financial Year Ended 31 March 2010 ("AFS 2010")
Contents: Kenmark wishes to announce that the Company had on 15 July 2010 made an application to Bursa Securities for an extension of time to issue the AFS 2010 due to the following reasons:
1. The External Auditors has notified that they will not be able to start the audit of the AFS 2010 until their fees for the audit services rendered in respect of the Kenmark Group financial statements for financial year ended 31 March 2009 and an advance as part of the proposed audit fees of AFS 2010 have been paid. The Company will not be able to make this payment during this period of time due to the tight cashflow and there being other payments that are in priority to this.
2. A structured payment proposal has been given to the Auditors and the Board is now awaiting a reply from the Auditors with regards to the payment proposal.
3. Most of the Company's records have been taken by the Securities Commission and the Company do not foresee the External Auditors will be able to present the AFS 2010 by the end of this month.
However, the Company has on 21 July 2010 received a rejection from Bursa Securities to the above application.
The Company will not be able to issue the AFS 2010 by the end of the Relevant Timeframe, i.e. not later than 4 months after the close of the financial year, which is 31 July 2010.
A suspension of trading will be effected by Bursa Securities on the next market day after the expiry of 5 market days from the Relevant Timeframe.
The date suspension of trading will be effected on 9 August 2010.
The Directors are unable to advise at this juncture as to when the AFS 2010 can be finalised or issued but will endeavour to have the same issued as soon as possible.
This announcement is dated 26 July 2010.
ASIAFLE - General Announcement
Announcement Type: General Announcement
Company Name: ASIA FILE CORPORATION BHD
Stock Name: ASIAFLE
Date Announced: 26/07/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-100726-41887
Subject: ASIA FILE CORPORATION BERHAD ("Asia File" or "the Company")
- REPLY TO QUERY ON THE WRIT OF SEIZURE AND SALE FROM MR KALIDASON A/L RAMOO ("PLANTIFF") ON ASIA FILE PRODUCTS SDN BHD ("AFP") ("WRIT")
Contents: We refer to our announcement dated 23 July 2010 ("First Announcement") and Bursa Malaysia's query letter dated 26 July 2010 in relation to the Writ. Unless otherwise stated, the defined terms used in this announcement shall carry the same meaning as defined in the said First Announcement.
Query Letter content: We refer to your Company's announcement dated 23 July 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 :-
Nature of relationship between the Applicant and the said property;
Basis in deriving at RM217.7 million as claimed by the Applicant;
Date of presentation of the Writ;
Details information in relation to the Writ;
A confirmation as to whether AFP is a major subsidiary;
The cost of investment of your Company in AFP;
The financial and operational impact of the Writ on your Group;
The expected losses, if any arising from the Writ; and
The steps taken or proposed to be taken by your Company in respect of the Writ.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HENG TECK HENG
Senior Manager, Issuers
Listing Division
Regulation
HTH/NAE
c.c. General Manager & Head, Market Surveillance, Securities Commission (via
fax)
Company Name: ASIA FILE CORPORATION BHD
Stock Name: ASIAFLE
Date Announced: 26/07/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-100726-41887
Subject: ASIA FILE CORPORATION BERHAD ("Asia File" or "the Company")
- REPLY TO QUERY ON THE WRIT OF SEIZURE AND SALE FROM MR KALIDASON A/L RAMOO ("PLANTIFF") ON ASIA FILE PRODUCTS SDN BHD ("AFP") ("WRIT")
Contents: We refer to our announcement dated 23 July 2010 ("First Announcement") and Bursa Malaysia's query letter dated 26 July 2010 in relation to the Writ. Unless otherwise stated, the defined terms used in this announcement shall carry the same meaning as defined in the said First Announcement.
Query Letter content: We refer to your Company's announcement dated 23 July 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 :-
Nature of relationship between the Applicant and the said property;
Basis in deriving at RM217.7 million as claimed by the Applicant;
Date of presentation of the Writ;
Details information in relation to the Writ;
A confirmation as to whether AFP is a major subsidiary;
The cost of investment of your Company in AFP;
The financial and operational impact of the Writ on your Group;
The expected losses, if any arising from the Writ; and
The steps taken or proposed to be taken by your Company in respect of the Writ.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HENG TECK HENG
Senior Manager, Issuers
Listing Division
Regulation
HTH/NAE
c.c. General Manager & Head, Market Surveillance, Securities Commission (via
fax)
KBB - General Announcement
Announcement Type: General Announcement
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 1/2001 ("PN1/2001") OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Contents: 1. Introduction
The Board of Directors of KBB Resources Berhad ("KBB" or the "Company") wishes to announce that KBB and the following wholly-owned subsidiaries of the Company were in default of some banking facilities repayments to their lenders:-
�?� Kilang Bihun Bersatu (East Malaysia) Sdn. Bhd.
�?� Kilang Bihun Bersatu Sdn. Bhd.
�?� Rasayang Food Industries Sdn. Bhd.
�?� Bersatu Sago Industries Sdn. Bhd.
�?� Bersatu Sago Industries (Mukah) Sdn. Bhd.
�?� Bersatu Biotechnology (Johore) Sdn. Bhd.
�?� Bersatu Noodles Industries Sdn. Bhd.
Attached herewith the Appendix A for the details of the lenders and banking facilities.
2. DEFAULT IN PAYMENTS
2.1 Reason for default
The Companies have not been able to make the repayments to its respective financial institutions as indicated in Appendix A.
2.2 Measures taken to address the default
KBB has initiated a Debt Restructuring Plan to formulate a comprehensive Debt Restructuring Plan for the Group. KBB had submitted an application to the Corporate Debt Restructuring Committee ("CDRC") in respect of the Corporate Debts Restructuring Scheme ("CDRS").
2.3 Financial and legal implication in respect of the default in the payments
The Default will have a consequence on other on-going bank borrowings of KBB Group which may also be declared default by other Banks. Legal proceedings may be initiated by the lenders against the KBB Group.
2.4 In the event the Default is in respect of secured loan stocks or bonds, the lines of action available to the guarantors or security holders against the listed issuer
Not Applicable
2.5 In the event the Default is in respect of the payments under a debenture, to specify whether the Default will empower the debenture holder to appoint a receiver and manager
Not Applicable
2.6 Whether the Default constitutes an event of default under a different agreement for indebtness (cross default) and the details for such other default where applicable
The Default with the financial institutions may trigger a cross default with the Company's other lenders.
2.7 Where the Default is in respect of a subsidiary or associated company, a confirmation as to whether the subsidiary or associated company is a major subsidiary or major associated company, as the case may be
Kilang Bihun Bersatu Sdn. Bhd. is a major subsidiary of the Company. The rest of the Companies in Appendix A are not major subsidiaries of the Company.
2.8 Solvency of KBB
The Company is currently in a state of solvency. With regards to the Solvency Declaration, the Company undertakes to provide to the Exchange the Solvency Declaration duly executed by the Board of Directors within 3 market days from the date of this announcement stating that the Company should be able to pay all its debts in full within a period not exceeding twelve months from the date of the announcement.
This announcement is dated 26 July 2010
Attachments: Appendix A.docx
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 1/2001 ("PN1/2001") OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Contents: 1. Introduction
The Board of Directors of KBB Resources Berhad ("KBB" or the "Company") wishes to announce that KBB and the following wholly-owned subsidiaries of the Company were in default of some banking facilities repayments to their lenders:-
�?� Kilang Bihun Bersatu (East Malaysia) Sdn. Bhd.
�?� Kilang Bihun Bersatu Sdn. Bhd.
�?� Rasayang Food Industries Sdn. Bhd.
�?� Bersatu Sago Industries Sdn. Bhd.
�?� Bersatu Sago Industries (Mukah) Sdn. Bhd.
�?� Bersatu Biotechnology (Johore) Sdn. Bhd.
�?� Bersatu Noodles Industries Sdn. Bhd.
Attached herewith the Appendix A for the details of the lenders and banking facilities.
2. DEFAULT IN PAYMENTS
2.1 Reason for default
The Companies have not been able to make the repayments to its respective financial institutions as indicated in Appendix A.
2.2 Measures taken to address the default
KBB has initiated a Debt Restructuring Plan to formulate a comprehensive Debt Restructuring Plan for the Group. KBB had submitted an application to the Corporate Debt Restructuring Committee ("CDRC") in respect of the Corporate Debts Restructuring Scheme ("CDRS").
2.3 Financial and legal implication in respect of the default in the payments
The Default will have a consequence on other on-going bank borrowings of KBB Group which may also be declared default by other Banks. Legal proceedings may be initiated by the lenders against the KBB Group.
2.4 In the event the Default is in respect of secured loan stocks or bonds, the lines of action available to the guarantors or security holders against the listed issuer
Not Applicable
2.5 In the event the Default is in respect of the payments under a debenture, to specify whether the Default will empower the debenture holder to appoint a receiver and manager
Not Applicable
2.6 Whether the Default constitutes an event of default under a different agreement for indebtness (cross default) and the details for such other default where applicable
The Default with the financial institutions may trigger a cross default with the Company's other lenders.
2.7 Where the Default is in respect of a subsidiary or associated company, a confirmation as to whether the subsidiary or associated company is a major subsidiary or major associated company, as the case may be
Kilang Bihun Bersatu Sdn. Bhd. is a major subsidiary of the Company. The rest of the Companies in Appendix A are not major subsidiaries of the Company.
2.8 Solvency of KBB
The Company is currently in a state of solvency. With regards to the Solvency Declaration, the Company undertakes to provide to the Exchange the Solvency Declaration duly executed by the Board of Directors within 3 market days from the date of this announcement stating that the Company should be able to pay all its debts in full within a period not exceeding twelve months from the date of the announcement.
This announcement is dated 26 July 2010
Attachments: Appendix A.docx
TSH - General Announcement
Announcement Type: General Announcement
Company Name: TSH RESOURCES BERHAD
Stock Name: TSH
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by Director of TSH Resources Berhad ("the Company") outside closed period pursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements
Contents: Pursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has transacted dealings in the securities of the Company as set out in Table 1 hereunder.
This announcement is dated 26 July 2010.
Company Name: TSH RESOURCES BERHAD
Stock Name: TSH
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by Director of TSH Resources Berhad ("the Company") outside closed period pursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements
Contents: Pursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has transacted dealings in the securities of the Company as set out in Table 1 hereunder.
This announcement is dated 26 July 2010.
STAMCOL - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: STAMFORD COLLEGE BERHAD
Stock Name: STAMCOL
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: STAMFORD COLLEGE BERHAD ("SCB" OR "COMPANY")
(I) PROPOSED REDUCTION OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SCB PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 INVOLVING THE CANCELLATION OF RM0.50 OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM1.00 EACH IN SCB ("PROPOSED PAR VALUE REDUCTION"); AND
(II) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF SCB ("PROPOSED M&A AMENDMENTS")
(COLLECTIVELY REFERRED TO AS THE "PROPOSED REGULARISATION PLAN")
Contents: We refer to the announcement dated 5 March 2010 in relation to the application for the Proposed Regularisation Plan submitted to Bursa Securities Malaysia Berhad ("Bursa Securities") on even date for approval. Public Investment Bank Berhad wishes to announce that Bursa Securities had, vide its letter dated 26 July 2010, rejected the application by the Company in relation to the Proposed Regularisation Plan.
The rejection by Bursa Securities was premised on the concern that the Proposed Regularisation Plan does not comply with Paragraph 3.1(a) of Practice Note 17 of the Main Market Listing Requirements ("Listing Requirements") which specifies that the regularisation plan must be sufficiently comprehensive and capable of resolving all problems, financial or otherwise that had caused the Company to trigger the Prescribed Criteria (as defined in the Listing Requirements), based on the following:
(i) The steel manufacturing business that is undertaken by the SCB Group had only commenced operation in February 2010 and has yet to demonstrate that it is able to generate profits and positive cashflows or be proven to be a viable business. In addition, the steel manufacturing business may be subjected to further funding requirements and therefore, could affect the enlarged SCB Group's ability to manage the resources required for the SCB Group's operations;
(ii) The steel manufacturing business of SCB is highly dependent on a single supplier and single customer, which is a related party, to sustain its business operations; and
(iii) The education business is highly competitive with a low barrier to entry. Even though SCB has been profitable for the latest financial year ended ("FYE") 31 December 2009, it is uncertain if this can be maintained given that the SCB Group has been making losses over the years (prior to FYE 31 December 2009) and there are no significant changes in the Company's business plan for its education segment. As such, there is uncertainty whether the profits to be generated from the education business would be able to sustain the performance of the SCB Group given that the steel manufacturing business is still unproven at this juncture.
Given the above, please note that the trading in the securities of the Company will be suspended with effect from Tuesday, 3 August 2010 pursuant to Paragraph 8.04(7) of the Listing Requirements.
Bursa Securities will proceed to de-list the Company in the event:
(i) SCB does not appeal against the decision within the timeframe stipulated pursuant to Paragraph 8.04(4) of the Listing Requirements; or
(ii) SCB does not succeed in its appeal against the decision.
The Board of Directors of SCB will deliberate on the above matter and an appropriate announcement will be made in due course.
This announcement is dated 26 July 2010.
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: STAMFORD COLLEGE BERHAD
Stock Name: STAMCOL
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: STAMFORD COLLEGE BERHAD ("SCB" OR "COMPANY")
(I) PROPOSED REDUCTION OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SCB PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 INVOLVING THE CANCELLATION OF RM0.50 OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM1.00 EACH IN SCB ("PROPOSED PAR VALUE REDUCTION"); AND
(II) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF SCB ("PROPOSED M&A AMENDMENTS")
(COLLECTIVELY REFERRED TO AS THE "PROPOSED REGULARISATION PLAN")
Contents: We refer to the announcement dated 5 March 2010 in relation to the application for the Proposed Regularisation Plan submitted to Bursa Securities Malaysia Berhad ("Bursa Securities") on even date for approval. Public Investment Bank Berhad wishes to announce that Bursa Securities had, vide its letter dated 26 July 2010, rejected the application by the Company in relation to the Proposed Regularisation Plan.
The rejection by Bursa Securities was premised on the concern that the Proposed Regularisation Plan does not comply with Paragraph 3.1(a) of Practice Note 17 of the Main Market Listing Requirements ("Listing Requirements") which specifies that the regularisation plan must be sufficiently comprehensive and capable of resolving all problems, financial or otherwise that had caused the Company to trigger the Prescribed Criteria (as defined in the Listing Requirements), based on the following:
(i) The steel manufacturing business that is undertaken by the SCB Group had only commenced operation in February 2010 and has yet to demonstrate that it is able to generate profits and positive cashflows or be proven to be a viable business. In addition, the steel manufacturing business may be subjected to further funding requirements and therefore, could affect the enlarged SCB Group's ability to manage the resources required for the SCB Group's operations;
(ii) The steel manufacturing business of SCB is highly dependent on a single supplier and single customer, which is a related party, to sustain its business operations; and
(iii) The education business is highly competitive with a low barrier to entry. Even though SCB has been profitable for the latest financial year ended ("FYE") 31 December 2009, it is uncertain if this can be maintained given that the SCB Group has been making losses over the years (prior to FYE 31 December 2009) and there are no significant changes in the Company's business plan for its education segment. As such, there is uncertainty whether the profits to be generated from the education business would be able to sustain the performance of the SCB Group given that the steel manufacturing business is still unproven at this juncture.
Given the above, please note that the trading in the securities of the Company will be suspended with effect from Tuesday, 3 August 2010 pursuant to Paragraph 8.04(7) of the Listing Requirements.
Bursa Securities will proceed to de-list the Company in the event:
(i) SCB does not appeal against the decision within the timeframe stipulated pursuant to Paragraph 8.04(4) of the Listing Requirements; or
(ii) SCB does not succeed in its appeal against the decision.
The Board of Directors of SCB will deliberate on the above matter and an appropriate announcement will be made in due course.
This announcement is dated 26 July 2010.
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