Reference
is made to the earlier announcement made on 5 June 2014 in relation to the Proposals (as defined therein in the announcement dated 5 June 2014) (“Announcement”). Unless
otherwise defined, all the abbreviations and definitions used in this
announcement shall have the same meaning as the words and expressions used in
the Announcement.
On
behalf of the Board of Directors of Tanjung, AFFIN Investment Bank Berhad
wishes to announce that Tanjung, Farid Khan bin Kaim Khan and his business
partners, Mower Tunggal Jaya PT,
Megagold Indonesia PT, Zona Maju Mapan PT and
their business partners and Bourbon Far East Pte Ltd (collectively referred to
as the “Parties”) have, via a letter
of agreement, mutually agreed to extend the exclusivity period for the HOAs for
another 1 month from 5 September 2014 (being the expiry of the exclusivity
period of the HOAs) to 5 October 2014 to enable the Parties to continue to discuss the details of the proposed transaction (“Extension Letter”).
Save
for the above, all the other terms and conditions of the HOAs remain unchanged.
Full details of the Proposals will be announced in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad once the relevant definitive agreements in relation to the Proposals have been executed.
A copy of the Extension Letter
will be made available for inspection at the registered office of Tanjung at 802,
8th Floor, Block C, Kelana Square, 17 Jalan SS7/26, 47301 Petaling
Jaya, Selangor Darul Ehsan during normal office hours on Mondays to Fridays
(except public holidays) for a period of 3 months from the date of this
announcement.
This
announcement is dated 5 September 2014.