BJFOOD - null
Announcement Type: General Announcement
Company Name: BERJAYA FOOD BERHAD
Stock Name: BJFOOD
Date Announced: 06/04/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: CY-110406-42658
Subject: Reply to query on the unusual market activity.
Description: We refer to the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 6 April 2011 querying the Company on an unusual market activity in relation to the sharp increase in price and high volume in Berjaya Food Berhad ("BFood") shares recently. On behalf of the Company, we wish to inform that to the best of our knowledge and after making due enquiry, save and except for the future plans and strategies as set out in the Prospectus of BFood dated 18 February 2011 and some preliminary discussions on possible investments, we are not aware of any of the following that may have contributed to the unusual market activity:-
1. Any corporate development relating to BFood's business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion;
2. Any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity and in this respect; and
3. Any other possible explanation to account for the unusual market activity.
In the event the discussions materialised and BFood enters into any agreement, the Company will make the necessary announcement to Bursa Securities setting out details of the investments in compliance with Paragraph 9.03 of the Bursa Securities Listing Requirements.
Query Letter content: We draw your attention to the sharp increase in price and high volume in your
Company's shares recently.
In accordance with the Corporate Disclosure Policy on Response To Unusual
Market Activity pursuant to paragraph 9.11 of the Listing Requirements of Bursa
Malaysia Securities Berhad ("Bursa Securities LR"), you are requested to
furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with an
announcement for public release after making due enquiry with your directors
and major shareholders seeking the cause of the unusual market activity in the
Company's shares.
In this respect, you are also required to publicly confirm, amongst others, the
following:-
1. whether there is any corporate development relating to your Group's
business and affairs that has not been previously announced that may account
for the unusual market activity including those in the stage of negotiation /
discussion. If yes, kindly provide the details including the status of the
corporate development to enable investors to make informed investment decision;
2. whether there is any rumour or report concerning the business and affairs of
the Group that may account for the unusual market activity and in this
respect, you are required to comply with paragraphs 9.09 and 9.10 of the Bursa
Securities LR;
3. whether you are aware of any other possible explanation to account for the
unusual market activity; and
4. your compliance with the Bursa Securities LR, in particular paragraph 9.03
of the Bursa Securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.
Should you require any further information or clarification, please do not
hesitate to contact Mr Wan Choon Yen at 03 - 2034 7318 or Puan Suzalina Harun
at 03 - 2034 7353.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
SUZ/WCY
Company Name: BERJAYA FOOD BERHAD
Stock Name: BJFOOD
Date Announced: 06/04/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: CY-110406-42658
Subject: Reply to query on the unusual market activity.
Description: We refer to the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 6 April 2011 querying the Company on an unusual market activity in relation to the sharp increase in price and high volume in Berjaya Food Berhad ("BFood") shares recently. On behalf of the Company, we wish to inform that to the best of our knowledge and after making due enquiry, save and except for the future plans and strategies as set out in the Prospectus of BFood dated 18 February 2011 and some preliminary discussions on possible investments, we are not aware of any of the following that may have contributed to the unusual market activity:-
1. Any corporate development relating to BFood's business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion;
2. Any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity and in this respect; and
3. Any other possible explanation to account for the unusual market activity.
In the event the discussions materialised and BFood enters into any agreement, the Company will make the necessary announcement to Bursa Securities setting out details of the investments in compliance with Paragraph 9.03 of the Bursa Securities Listing Requirements.
Query Letter content: We draw your attention to the sharp increase in price and high volume in your
Company's shares recently.
In accordance with the Corporate Disclosure Policy on Response To Unusual
Market Activity pursuant to paragraph 9.11 of the Listing Requirements of Bursa
Malaysia Securities Berhad ("Bursa Securities LR"), you are requested to
furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with an
announcement for public release after making due enquiry with your directors
and major shareholders seeking the cause of the unusual market activity in the
Company's shares.
In this respect, you are also required to publicly confirm, amongst others, the
following:-
1. whether there is any corporate development relating to your Group's
business and affairs that has not been previously announced that may account
for the unusual market activity including those in the stage of negotiation /
discussion. If yes, kindly provide the details including the status of the
corporate development to enable investors to make informed investment decision;
2. whether there is any rumour or report concerning the business and affairs of
the Group that may account for the unusual market activity and in this
respect, you are required to comply with paragraphs 9.09 and 9.10 of the Bursa
Securities LR;
3. whether you are aware of any other possible explanation to account for the
unusual market activity; and
4. your compliance with the Bursa Securities LR, in particular paragraph 9.03
of the Bursa Securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.
Should you require any further information or clarification, please do not
hesitate to contact Mr Wan Choon Yen at 03 - 2034 7318 or Puan Suzalina Harun
at 03 - 2034 7353.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
SUZ/WCY
No comments:
Post a Comment