THETA - General Announcement
Announcement Type: General Announcement
Company Name: THETA EDGE BERHAD
Stock Name: THETA
Date Announced: 26/01/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NS-120120-57766
Subject: TEAMING AGREEMENT BETWEEN KONSORTIUM JAYA SDN. BHD. ("KJSB") AND TMS SOFTWARE SDN. BHD. ("TMSS)DATED 18 JANUARY 2012 ("TEAMING AGREEMENT")
Description: Reply to Bursa Malaysia Securites Berhad's Query dated 20 January 2012 in relation to the Company's Announcement on 20 January, 2012 on the Teaming Agreement between KJSB and TMSS.
Please refer to the attachment.
Query Letter content: We refer to your announcements dated 20 January 2012 in respect of the above
captioned matters.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-
1. Expected date of submission of the proposal to the Government of Malaysia,
represented by the Ministry of Education ("Customer") in relation to the
"Perluasa Sistem Pengurusan Sekolah" to all schools nationwide ("Project").
2. The expected date on which the outcome of the submission of the proposal to
the Customer will be made known to KJSB/TMSS.
3. Duration of the Project.
4. A description of TMSS and KJSB's respective responsibilities as described in
the Teaming Agreement.
5. The effect of theProject onthe Theta Group,which includes the effect of
the Project on the earnings per share, net assets per share, gearing, share
capital and substantial shareholders' shareholding of Theta.
6. The risks in relation to the Project.
7. Whether any deposit has been paid in relation to the Teaming Agreement,
including but not limited to the Company's portion of any performance bond,
tender fee,etc.
...2/-
8. To provide details of the expected financing requirements and/or sources of
funding for the Teaming Agreement and/or subcontract agreement.
9. Estimated valueof the Project, including details of the profit/revenue
sharing arrangement between KJSB and TMSS, including the profit margin etc (if
any).
10. To provide details as to the Company's capability, experience and
resources in undertaking the Project.
11. To provide details whether the Teaming Agreement is binding on the parties.
Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NZ
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
Attachments: Reply To query -Theta.doc
Company Name: THETA EDGE BERHAD
Stock Name: THETA
Date Announced: 26/01/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NS-120120-57766
Subject: TEAMING AGREEMENT BETWEEN KONSORTIUM JAYA SDN. BHD. ("KJSB") AND TMS SOFTWARE SDN. BHD. ("TMSS)DATED 18 JANUARY 2012 ("TEAMING AGREEMENT")
Description: Reply to Bursa Malaysia Securites Berhad's Query dated 20 January 2012 in relation to the Company's Announcement on 20 January, 2012 on the Teaming Agreement between KJSB and TMSS.
Please refer to the attachment.
Query Letter content: We refer to your announcements dated 20 January 2012 in respect of the above
captioned matters.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-
1. Expected date of submission of the proposal to the Government of Malaysia,
represented by the Ministry of Education ("Customer") in relation to the
"Perluasa Sistem Pengurusan Sekolah" to all schools nationwide ("Project").
2. The expected date on which the outcome of the submission of the proposal to
the Customer will be made known to KJSB/TMSS.
3. Duration of the Project.
4. A description of TMSS and KJSB's respective responsibilities as described in
the Teaming Agreement.
5. The effect of theProject onthe Theta Group,which includes the effect of
the Project on the earnings per share, net assets per share, gearing, share
capital and substantial shareholders' shareholding of Theta.
6. The risks in relation to the Project.
7. Whether any deposit has been paid in relation to the Teaming Agreement,
including but not limited to the Company's portion of any performance bond,
tender fee,etc.
...2/-
8. To provide details of the expected financing requirements and/or sources of
funding for the Teaming Agreement and/or subcontract agreement.
9. Estimated valueof the Project, including details of the profit/revenue
sharing arrangement between KJSB and TMSS, including the profit margin etc (if
any).
10. To provide details as to the Company's capability, experience and
resources in undertaking the Project.
11. To provide details whether the Teaming Agreement is binding on the parties.
Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NZ
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
Attachments: Reply To query -Theta.doc
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