February 17, 2012

Company announcements: HUATLAI, BRAHIMS

HUATLAI - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 17/02/2012

Announcement Detail:
Type: Announcement

Subject: TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Description: HUAT LAI RESOURCES BERHAD ("HLRB")
- Disclosure of dealings in accordance with Section 33 of the Malaysian Code on Take-overs and Mergers, 2010


BRAHIMS - General Announcement

Announcement Type: General Announcement
Company Name: BRAHIM'S HOLDINGS BERHAD
Stock Name: BRAHIMS
Date Announced: 17/02/2012

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: CY-120215-52803

Subject: BRAHIM'S HOLDINGS BERHAD (FORMERLY KNOWN AS TAMADAM BONDED WAREHOUSE BERHAD) ("BHB" OR "THE COMPANY")
- ADDITIONAL INFORMATION IN RESPECT OF THE PROPOSED DISPOSAL OF THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, TAMADAM INDUSTRIES SDN BHD AND ITS BUSINESS TO NICHE PROPERTY MANAGEMENT SDN BHD

Description: Reference is made to the announcement dated 13 February 2012 in relation to the Proposed Disposal. The Board of Directors of Company wishes to provide additional information on the Proposed Disposal as requested by Bursa Securities Malaysia Berhad via its letter dated 15 February 2012.
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcement dated 13 February 2012)

Query Letter content: We refer to your Company's announcement dated 13 February 2012 in respect of
the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
The built-up area and approximate age of T2 Warehouse.
To quantify Tan Sri Abdul Aziz bin Shamsuddin's and Dato' Liew Man Kwong's
shareholdings in the Purchaser.
The basis of arriving at the disposal consideration of RM17 million for TISB.
The justification(s) for the disposal consideration of RM17 million for TISB.
The basis of arriving at the disposal consideration of RM1 million for the
Business Assets.
The justification(s) for the disposal consideration of RM1 million for the
Business Assets.
To quantify the expected losses to the group.
In the event the Purchaser decided to pay the adjusted purchase consideration
of RM20 million over 6 years and 4 months pursuant to the SRTDA, the also state
the intended utilisation of proceeds and the breakdown, including the timeframe
for full utilisation of the proceeds.
To define "RPS".
To incorporate further details of the SRTDA.
To incorporate the salient features, terms and conditions of the RPS.
To also clarify the basis in calculating the coupon rate of 11% for the RPS,
i.e. whether calculated on a per annum basis, on a lump sum basis over the
entire 6 years and 4 months period, or others basis.
To clarify the due date for fulfillment of Conditions Precedent as stated in
Section 2.9(g) of the announcement in view that the date has already passed.
To define "LAT".
To tabulate the proforma effect on EPS for the financial year ended 31 December
2010.
To also state the effects on EPS for the financial year ended/ending 31
December 2011 and 31 December 2012.
To also state the effects on net assets per share and gearing for the financial
year ending 31 December 2012.
To quantify the highest percentage ratio applicable to the transaction pursuant
to paragraph 10.02(g) of the Main Market Listing Requirements.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully




SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

/WCY

copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)


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