January 7, 2013

Company announcements: TAKASO, ADVENTA

TAKASO - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameTAKASO RESOURCES BERHAD  
Stock Name TAKASO  
Date Announced7 Jan 2013  
CategoryGeneral Announcement
Reference NoCM-130107-64645

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDGG-130107-41910
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionMEMORANDUM OF COLLABORATION BETWEEN TAKASO RESOURCES BERHAD AND PESAKA ASTANA (M) SDN. BHD. TO NEGOTIATE FURTHER ON PROJECT COLLABORATION
Query Letter Contents We refer to your announcement dated 4 January 2013, 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:

Description of project collaboration with PASB and the roles of TRB in this
project collaboration.
To state the types of vehicles being manufactured, assembled or customized by
PASB in general and specifically to indicate the date when PASB supplied
vehicles to the Government of Malaysia.
To state the name of directors and major shareholders together with their
shareholdings in PASB.

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


Yours faithfully



HENG TECK HENG
Head, Issuers
Listing Division
Regulation

HTH/TGG
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)

We refer to the letter from Bursa Malaysia Securities Berhad dated 7 January 2013 in respect of the announcement made by Takaso Resources Berhad (the "Company" or "TRB") on 4 January 2013 entitled “MEMORANDUM OF COLLABORATION BETWEEN TAKASO RESOURCES BERHAD AND PESAKA ASTANA (M) SDN. BHD. ("PASB") TO NEGOTIATE FURTHER ON PROJECT COLLABORATION” and are pleased to furnish below the following additional information for public release:-

1. There are three (3) initial Letters of Award from the Malaysian Ministry of Defence that the Company and PASB (the "Parties") wish to start their collaboration and these are:

a) (Translated) Letter of Award - Offer for Special Firefighting Vehicles Procurement Contract for Supporting of Sukhoi Jet Operations at the Gong Kedak Airbase for the Royal Malaysian Air Force;

b) (Translated) Letter of Award – Offer for Supply and Delivery of Spare Parts for AMDAC Vehicles’ for the Army Infantry via direct negotiation;

c) (Translated) Letter of Award – Offer for Procurement Contract to Supply and Delivery of Firefighting Vehicles for Complex SOC 3, Kota Samarahan and Complex Radar TUDM Gunung Ngili, Simunjan Sarawak.

As the Memorandum of Collaboration is just a preliminary document to allow the Parties to commence discussions and negotiations, the exact scope and roles of the Parties have yet to be finalised.

2. PASB’s vehicles are those that carry the branding AMDAC and also ADIwira where PASB is in partnership with the Malaysian Army and includes (but are not limited) to Interchangeable Tactical Vehicles (ITV) and Fire Fighting Vehicles.

3. Based on a Companies Commission of Malaysia search dated 4 January 2013, the major shareholder of PASB is Murnina Bt. Dato Haji Sujak, Datin holding 18,749,999 of the issued shares of PASB or 93.75% of the issued capital of PASB. The Directors of PASB are Murnina Bt. Dato Haji Sujak, Datin and Shaharatul Ima Binti Zainuddin.

This announcement is dated 7 January 2013.



ADVENTA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:FIRST ANNOUNCEMENT

Announcement Type: General Announcement
Company NameADVENTA BERHAD  
Stock Name ADVENTA  
Date Announced7 Jan 2013  
CategoryGeneral Announcement
Reference NoCS-130107-F90A9

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
DescriptionADVENTA BERHAD ("ADVENTA" OR "THE COMPANY")
- FIRST ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS
1. Introduction
    Further to the announcements made on 30 November 2012, 3 December 2012 and 7 January 2013 and pursuant to Paragraph 8.04 and Paragraph 2.1(g) of Practice Note 17 ("PN17") of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of Adventa wishes to announce that with the completion of the disposal of Adventa's major business to Aspion Sdn. Bhd. on 30 November 2012, the Company has triggered the PN17 criteria under Paragraph 2.1(g) of PN17 which states that, amongst others:-
    "the listed issuer has suspended or ceased:

    (i) all of its business or its major business; or

    (ii) its entire or major operations,
    for any reasons whatsoever including, amongst others, due to or as a result of:

    (bb) the disposal of the listed issuer's business or major business."

      As of the date hereof, Adventa is classified as a PN17 company.

2. Obligations of the Company as an Affected Listed Issuer
    Pursuant to PN17, the Company is required to comply with the following:

    (i) within twelve (12) months from the date of this announcement that the Company is a PN17 company (the "First Announcement"):
      (a) submit a regularisation plan to the Securities Commission Malaysia ("SC") if the plan will result in a significant change in the business direction or policy of the Company; or

      (b) submit a regularisation plan to Bursa Securities if the plan will not result in a significant change in the business direction or policy of the Company, and obtain Bursa Securities’ approval to implement the plan;
    (ii) implement the regularisation plan within the time frame stipulated by the SC or Bursa Securities, as the case may be;

    (iii) announce within three (3) months from this First Announcement, on whether the regularisation plan will result in a significant change in the business direction or policy of the Company;

    (iv) announce the status of its regularisation plan and the number of months to the end of the relevant time frames referred to in Paragraphs 5.1 and 5.2 of PN17, as may be applicable, on a monthly basis until further notice from Bursa Securities;

    (v) announce its compliance or non-compliance with a particular obligation imposed pursuant to PN17, on an immediate basis;

    (vi) announce the details of the regularisation plan ("Requisite Announcement") and sufficient information to demonstrate that the Company is able to comply with all the requirements set out in Paragraph 3.1 of PN17 after implementation of the regularisation plan, which shall include a timetable for the complete implementation of the regularisation plan. The Requisite Announcement must be made by the Company’s Principal Adviser; and

    (vii) where the Company fails to regularise its condition, it will announce the dates of suspension and de-listing of its listed securities, immediately upon notification of suspension and de-listing by Bursa Securities.
3. Consequences of Non-compliance
    In the event the Company fails to comply with the obligations to regularise its condition, all its listed securities will be suspended from trading on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities and de-listing procedures shall be taken against the Company, subject to the Company’s right to appeal against the de-listing.
4. Status of Plan to Regularise Condition
    The Company intends to formulate a regularisation plan to address its PN17 status and this will be announced to Bursa Securities in due course.
This announcement is dated 7 January 2013.


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