asiaEP Resources Berhad (“asiaEP” OR “COMPANY”)
(1) Proposed Capital Reduction;
(2) Proposed Consolidation;
(3) Proposed Acquisition of GFM;
(4) Proposed Acquisition of GFMS;
(5) Proposed Share Exchange;
(6) Proposed Exemption;
(7) Proposed Offer for Sale;
(8) Proposed Private Placement; and
(9) Proposed Transfer Of Listing Status.
(the proposals above are to be collectively referred to as “Proposed Regularisation Plan”)
Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the Requisite Announcement as announced on 30 April 2013.
We refer to the Requisite Announcement and related announcements by us, on behalf of asiaEP, in relation to the Proposed Regularisation Plan as follows:-
(i) 30 April 2013; and
(ii) 2 May 2013; and
(iii) 13 May 2013; and
(iv) 2 July 2013;and
(v) 11 July 2013; and
(vi) 30 July 2013; and
(vii) 4 October 2013; and
(viii) 3 December 2013; and
(ix) 28 February 2014; and
(x) 8 September 2014; and
(xi) 4 November 2014; and
(xii) 5 November 2014; and
(xiii) 8 December 2014; and
(xiv) 20 January 2015; and
(xv) 3 June 2015.
On behalf of asiaEP, KAF Investment wishes to announce that the Company had, on 15 June 2015, submitted an application to Bursa Securities seeking its approval for the following:-
(i) An extension of time until 15 December 2015 or within two weeks from the receipt of the consent of the Securities Commission Malaysia for the issuance of the Independent Advice Letter in relation to the Proposed Exemption, whichever is the earlier, for the issuance of the Explanatory Statement-Cum-Circular to the shareholders of asiaEP; and
(ii) An extension of time until 31 March 2016 for the completion of the Proposed Regularisation Plan.
This announcement is dated 15 June 2015.