Company announcements: HUAAN, GMUTUAL

HUAAN - TEMPORARY SHUTTING DOWN OF PRODUCTION IN SUBSIDIARY, NAMELY LINYI YEHUA COKING CO. LTD.

Announcement Type: General Announcement

Company Name	SINO HUA-AN INTERNATIONAL BERHAD
Stock Name	HUAAN
Date Announced	16 Mar 2015
Category	General Announcement
Reference No	CS-150316-1C9E4

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	ZO-150312-55838
Subject	TEMPORARY SHUTTING DOWN OF PRODUCTION IN SUBSIDIARY, NAMELY LINYI YEHUA COKING CO. LTD.
Description	SINO HUA-AN INTERNATIONAL BERHAD ("HUA-AN" OR "THE COMPANY") - TEMPORARY SHUTTING DOWN OF PRODUCTION IN SUBSIDIARY, NAMELY LINYI YEHUA COKING CO. LTD.
Query Letter Contents	We refer to your Company's announcement dated 11 March 2015 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. Whether Linyi Yehua Coking Co. Ltd. ("Linyi") is a major subsidiary. 2. In relation to the temporary shutting down of production in Linyi, please provide the following:- (a) The expected duration; (b) The financial and operational impact; and (c) The expected losses, if any. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully SUZALINA HARUN Senior Vice President, Issuers Listing Division Regulation c.c.General Manager & Head, Market Surveillance Department, Securities Commission (via fax)
Reference is made to Hua-An’s announcement on 11 March 2015 and Bursa Securities Malaysia Berhad's letter dated 13 March 2015 pertaining to the above matter. The Board of Directors of Hua-An wishes to furnish the following additional information pertaining to the abovementioned matter. The Company wishes to confirm that Linyi Yehua Coking Co. Ltd. is a major subsidiary of the Hua-An Group. This subsidiary contributed almost 100% to the financial results of the Hua-An Group based on the latest audited financial statements. In this respect, given the temporary shutting down of production in the abovementioned subsidiary, the financial and operational impact as well as the expected loss to the Hua-An Group is envisaged to be material in the current financial year 2015 should the adverse situation be prolonged over a protracted period of time. The Company is still awaiting the conclusion of the assessment by the local Ministry of Environmental Protection of the People’s Republic of China (“MOEP”) and as such the duration for the temporary shutting down of production cannot be ascertained with certainty at this juncture. This announcement dated 16 March 2015.

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GMUTUAL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement

Company Name	GROMUTUAL BERHAD
Stock Name	GMUTUAL
Date Announced	16 Mar 2015
Category	General Announcement
Reference No	CJ-150304-64167

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Acquisitions of Lands by wholly-owned subsidiary, Rainbow Entity Sdn. Bhd.
The Board of Directors of Gromutual Berhad wishes to announce that its wholly-owned subsidiary, Rainbow Entity Sdn. Bhd. (Company No. 420885-D) has entered into a Sale and Purchase Agreement with Messrs. Berjaya Land Development Sdn. Bhd. (Company No. 37019-X) for acquisitions of two (2) pieces of lands at total purchase price of RM19,030,937.11 (Ringgit Malaysia : Nineteen Million Thirty Thousand Nine Hundred And Thirty Seven And Cents Eleven Only). Please refer to the attached file for further information on the above Acquisitions. This Announcement is dated 16 March 2015

Attachments Details Announcement.pdf 233 KB

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