July 16, 2012

Company announcements: BRAHIMS

BRAHIMS - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: BRAHIM'S HOLDINGS BERHAD
Stock Name: BRAHIMS
Date Announced: 16/07/2012

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: Acquisitions

Details of corporate proposal: ISSUANCE OF 17,900,000 ORDINARY SHARES OF RM1.00 EACH IN BRAHIM'S HOLDINGS BERHAD AT RM1.00 EACH AS PART OF THE CONSIDERATION FOR THE ACQUISITION OF 60% EQUITY INTEREST IN ADMUDA SDN BHD FOR A PURCHASE CONSIDERATION OF RM20.0 MILLION TO BE SATISFIED VIA COMBINATION OF CASH OF RM2.1 MILLION AND THE ISSUANCE OF 17,900,000 ORDINARY SHARES OF RM1.00 EACH IN BRAHIM'S HOLDINGS BERHAD PURSUANT TO THE SHARE SALE AGREEMENT DATED 13 FEBRUARY 2012 ("ISSUANCE")

No. of shares issued under this corporate proposal: 17,900,000

Issue price per share ($$): MYR 1.000

Par Value ($$): MYR 1.000

Units: 214,805,000

Currency: MYR 214,805,000.000

Listing Date: 17/07/2012


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