【IRMGRP 7220 交流专区】IRM集团

icy97

IRM 调整发股数额收购价

财经新闻 财经  2014-11-02 11:12
（吉隆坡1日讯）PN17公司IRM集团（IRMGRP，7220，主板工业产品股）调整重组计划细节，包括发股数额和收购价。

在完成削减股票面值、股票整合、取消股票溢价户口后，IRM集团将与“白武士”Permintex进行换股。

集团昨天宣布调整换股数额，以1300万股，换Permintex最高2000万股和500张凭单，换股比例为1股对1.538股Permintex股。

同时，每持有4股Permintex股，就可获得1张凭单。公司原本是以1300万股，换Permintex的2600万股。

根据原定重组计划，Permintex建议以发行总值9200万令吉的新股，收购Permintex Automotive的4200万股。

经调整后，收购价降低至7500万令吉，并以发行1.5亿股和3750万张凭单支付。

另一个调整细节，为私下配售计划。

完成换股和收购后，Permintex将私下配售4200万股新股。

原定计划为发行最多2912万7000股新股。【南洋网财经】

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	IRM GROUP BERHAD (“IRM” OR “COMPANY”) AND ITS SUBSIDIARY COMPANIES (“IRM GROUP” OR “GROUP”) (i)        PROPOSED CAPITAL REDUCTION; (ii)        PROPOSED CONSOLIDATION; (iii)        PROPOSED SHARE PREMIUM CANCELLATION; (iv)        PROPOSED SCHEMES OF ARRANGEMENT; (v)        PROPOSED SHARE EXCHANGE; (vi)        PROPOSED ACQUISITION OF PASB; (vii)        PROPOSED EXEMPTION; (viii)        PROPOSED PRIVATE PLACEMENT; (ix)        PROPOSED AMENDMENT; AND (x)        PROPOSED TRANSFER OF LISTING STATUS
Announcement Details/Table Section Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those announced in the Requisite Announcement on 8 May 2014. We refer to announcements made by the Company on 8 May 2014 and 3 October 2014 in relation to the Requisite Announcement and the supplementary agreement to the Conditional SSA dated 3 October 2014 (“First Supplementary Agreement”) in respect of the Proposed Regularisation Plan. Reference is also made to announcements by KAF Investment, on behalf of the Company on 16 May 2014, 3 June 2014, 14 August 2014, 3 September 2014, 3 October 2014 and 7 October 2014respectively, in relation to the Proposed Regularisation Plan. On behalf of the Board of IRM, KAF Investment wishes to announce that the Company had on 31 October 2014, entered into a second supplementary agreement to vary certain terms of the Conditional SSA and the First Supplemental Agreement (“Second Supplementary Agreement”). Please refer to the attached file for further details on the announcement. This announcement is dated 31 October 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1782853

Attachments IRM-Permintex-Proposed Reg Plan-Revisions to the Req Announcement-Annc-311014.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2014	30/09/2013	30/09/2014	30/09/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	428	832	2,019	8,210
2	Profit/(loss) before tax	-15,729	-17,955	-18,482	-27,848
3	Profit/(loss) for the period	-15,729	-14,483	-18,482	-24,376
4	Profit/(loss) attributable to ordinary equity holders of the parent	-15,729	-14,483	-18,482	-24,376
5	Basic earnings/(loss) per share (Subunit)	-12.10	-11.14	-14.22	-18.75
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	-0.1138		0.0100

icy97

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	IRM GROUP BERHAD (“IRM” OR “COMPANY”) AND ITS SUBSIDIARY COMPANIES (“IRM GROUP” OR “GROUP”) (i)        PROPOSED CAPITAL REDUCTION; (ii)        PROPOSED CONSOLIDATION; (iii)        PROPOSED SHARE PREMIUM CANCELLATION; (iv)        PROPOSED SCHEMES OF ARRANGEMENT; (v)        PROPOSED SHARE EXCHANGE; (vi)        PROPOSED ACQUISITION OF PASB; (vii)        PROPOSED EXEMPTION; (viii)        PROPOSED PRIVATE PLACEMENT; (ix)        PROPOSED AMENDMENT; AND (x)        PROPOSED TRANSFER OF LISTING STATUS
Announcement Details/Table Section Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those announced in the Requisite Announcement and the revisions to the Requisite Announcement as announced on 8 May 2014, 3 October 2014 and 31 October 2014, respectively. We refer to the Requisite Announcement made by the Company on 8 May 2014 and subsequent announcements on 16 May 2014, 3 June 2014, 14 August 2014, 3 September 2014, 3 October 2014, 7 October 2014 and 31 October 2014 in relation to the Proposed Regularisation Plan. The Company has up to 19 December 2014 to submit its regularisation plan to the relevant authorities. On behalf of the Board of IRM, KAF Investment wishes to announce the following:- (i)      that the Company had, on 19 December 2014, issued notices of discontinuation and termination of the Conditional SSA dated 8 May 2014 and the Supplementary Agreements dated 3 October 2014 and 31 October 2014, respectively, to PASB. The Board of IRM is of the view it is unlikely that certain conditions precedent to the Conditional SSA, in particular clauses 4.1.6 and 4.1.7, could be met. As such, the proposals comprising the Proposed Regularisation Plan will neither be implemented, nor will the submission of the regularisation plan to the relevant authorities be made by 19 December 2014; (ii)      that the Company had, on 19 December 2014, initiated negotiations with potential white knight candidate(s); and (iii)      that the Company had, on 19 December 2014, submitted an application to Bursa Securities seeking its approval for an extension of time of approximately five (5) months up to 29 May 2015 for the Company to submit its regularisation plan to the relevant authorities. It is envisaged that it would take approximately two (2) to three (3) month to prepare, finalise and execute the definitive agreement(s) and announce a new regularisation plan. The remainder of the time is to prepare, finalise and submit the applications in relation to the comprehensive regularisation plan to the relevant authorities.    This announcement is dated 19 December 2014.

icy97

IRM遭追債876萬

財經12 Jan 2015 22:27
（吉隆坡12日訊）IRM集團（IRMGRP，7220，主要板工業）接獲豐隆銀行（HLBANK，5819，主要板金融）索償信，要求償還總額逾876萬令吉的貸款。

該公司向馬證交所報備，上述貸款是由豐隆銀行，在獨資子公司Industrial Resins（大馬）私人有限公司進行重組企業活動前發放給后者。

截至去年12月底，包括透支便利和Omnibus Trade Lines，總貸款額達876萬2513令吉。

IRM集團必須在接獲索償信后的7天內支付上述金額。該公司正尋求法律咨詢，若有重大發展將另行報備。【中国报财经】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	IRM GROUP BERHAD ("IRMGB" or "The Company") - Letter of Demand (“Demand”) By Hong Leong Bank Berhad (“HLBB”)
IRM Group Berhad ("IRMGB" or "Company") wishes to announce that on 12 January 2015, a Letter of Demand (“Demand”) dated 8 January 2015 had been served on Industrial Resins (Malaysia) Sdn. Bhd. (“IRMSB”), a wholly-owned subsidiary of IRMGB, by Messrs Shook Lin & Bok, acting for and on behalf of Hong Leong Bank Berhad (“HLBB”), demanding payment of a sum of RM8,762,513.30 (as at 31 December 2014). As at 31 December 2014, IRMSB is in arrears and default of payment under the HLBB’s Overdraft (RM559,561.08) and the Omnibus Trade Lines (RM8,202,952.22). The reason leading to the Demand was due to the delay by IRMSB in the repayment of the outstanding amounts due and owing under the Overdraft and Omnibus Trade Line granted by HLBB and the Company has provided guarantees and would need to repay on demand all moneys which now are or during the operation of the corporate guarantees to be due and owing by IRMSB. The Company is given seven (7) days from the date of the Demand to pay the aforesaid sum of RM8,762,513.30. The Company is in the process of organising a restructuring program, inter alia, including a Reverse Take-Over as part and parcel of resolving the amount outstanding with the various stakeholders including HLBB as per announcement dated 21 August 2013. The Company is also seeking legal advice to defend against the aforesaid Demand. Further announcement on the material development of the above matter will be made in due course. This announcement is dated 12 January 2015.

icy97

申请延交重组计划被拒 IRM下月11起暂停交易

财经新闻 财经  2015-02-01 11:22
（吉隆坡31日讯）PN17公司IRM集团（IRMGRP，7220，主板工业产品股）遭马交所驳回要求延长呈交重组计划的申请。

公司去年12月19日向马交所申请延长呈交重组计划的期限5个月，至今年5月29日，但在周五被拒绝。

根据文告，IRM集团的股票将会从2月11日起暂停交易，并会在13日除牌，除非该公司可在2月10日或之前提出上诉。

IRM集团表示目前正与潜在的白武士进行洽商，因此决定即时向马交所提出上诉。

2013年5月杪，IRM集团持续经营能力出现不确定性，而公司股东权益经调整后，低于缴足资本50%，因此被列为PN17公司。[南洋网财经]

PN17-SUSPENSION AND DE-LISTING

IRM GROUP BERHAD

LISTING'S CIRCULAR NO. L/Q : 72404 OF 2015

IRM GROUP BERHAD ("IRMGRP" or "the Company") has failed to submit its regularisation plan to Bursa Malaysia Securities Berhad (Bursa Securities) for approval within the timeframe stipulated under paragraph 8.04(3)(a)(i) of the Bursa Securities Main Market Listing Requirements (Main LR) and the Company’s application for a further extension of time to submit its regularisation plan has been rejected by Bursa Securities.
In the circumstances and pursuant to paragraph 8.04(5) of the Main LR:-

(a) the trading in the securities of the Company will be suspended with effect from 11 February 2015; and
(b) the securities of the Company will be de-listed on 13 February 2015 unless an appeal against the de-listing is submitted to Bursa Securities on or before 10 February 2015 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 13 February 2015 shall be deferred pending the decision on the Company’s appeal.

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities.

This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.

icy97

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	IRM GROUP BERHAD (“IRM” OR “COMPANY”) AND ITS SUBSIDIARY COMPANIES (“IRM GROUP” OR “GROUP”) APPLICATION FOR EXTENSION OF TIME TO SUBMIT THE COMPANY’S REGULARISATION PLAN
Announcement Details/Table Section We refer to the announcement made by the Company on 19 December 2014 in relation to the Company’s application for an extension of time of approximately five (5) months up to 29 May 2015 for the Company to submit its regularisation plan to the relevant authorities (“Application”). On behalf of the board of directors of IRM (“Board”), KAF Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had via its letter dated 30 January 2015, decided to reject the Application. The Board has decided to make an immediate appeal in view of discussions and negotiations ongoing with the potential white knight candidate(s) and will make the relevant announcement in due course. This announcement is dated 30 January 2015.

icy97

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 SUSPENSION AND/OR DELISTING
Description	IRM GROUP BERHAD (“IRM” OR “COMPANY”) SUBMISSION OF AN APPEAL AGAINST THE DELISTING OF IRM'S SECURITIES FROM THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
Announcement Details/Table Section We refer to the Company’s announcement dated 30 January 2015 in relation to Bursa Malaysia Securities Berhad’s (“Bursa Securities”) decision to reject the Company’s application for an extension of time of approximately five (5) months up to 29 May 2015 for the Company to submit its regularisation plan to the relevant authorities. Reference is also made to the Company’s announcement dated 4 February 2015 in relation to the suspension and de-listing of the Company’s securities. Pursuant thereto, on behalf of the board of directors of IRM, KAF Investment Bank Berhad wishes to announce that the Company had, on 10 February 2015, submitted an appeal to Bursa Securities on its decision to de-list the securities of the Company. Following this appeal, the removal of the securities of the Company from the Official List of Bursa Securities on 13 February 2015 shall be deferred pending Bursa Securities’ decision on the Company’s appeal. This announcement is dated 10 February 2015.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2014	31/12/2013	31/12/2014	31/12/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	13	649	2,032	8,859
2	Profit/(loss) before tax	-851	-4,595	-19,333	-32,443
3	Profit/(loss) for the period	-851	-7,984	-19,333	-32,360
4	Profit/(loss) attributable to ordinary equity holders of the parent	-851	-7,984	-19,333	-32,360
5	Basic earnings/(loss) per share (Subunit)	-0.65	-6.14	-14.87	-24.89
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	-0.1203		-0.0100

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Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	TE-150302-38707
Subject	IRM GROUP BERHAD (‘IRMGB” or “the Company”) - STATEMENT OF CLAIM AND WRIT OF SUMMON RECEIVED FROM HONG LEONG BANK BERHAD
Description	IRM GROUP BERHAD (‘IRMGB” or “the Company”) - STATEMENT OF CLAIM AND WRIT OF SUMMON RECEIVED FROM HONG LEONG BANK BERHAD
The Board of Directors of the Company wishes to announce the following additional information pertaining to the Statement of Claim and Writ of Summon received from Hong Leong Bank Berhad, in reply to the query letter from Bursa Malaysia Securities Berhad dated 2 March 2015:- 1) Date of  presentation of the Statement of Claim and Writ of Summon: 26 February 2015 2) Breakdown of the amount and interest claimed in respect of the outstanding banking facilities provided to Industrial Resins (Malaysia) Sdn. Bhd. (“IRMSB”) as follow:- i) Interest claim RM59,561.08 at interest rate of 2.25% ii) Omnibus Facility Principal - RM6,965,390.52 Interest - RM1,237,560 At 3.5% interest 3) The claim is in relation to the current inability for IRMSB to settle the claim because the company was force to cease business because of profitability and liquidity issues. The claim against the IRM Group Berhad (IRMGB) is in relation to the corporate guarantee that was provided by IRMGB for the facility granted to IRMSB. 4) IRMSB is a major subsidiary of the IRMGB. The value of the investments have been duly completely written down, when it ceased business except for plant & machinery amounting to RM2.9million. 5)  - There is no current operational impact on the business because is already closed.      - The financial impact of the closure has been fully provided in the accounts. 6) The losses for the investments is already provided in the accounts. This announcement is dated 3 March 2015.

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	IRM GROUP BERHAD (“IRM” OR “COMPANY”) AND ITS SUBSIDIARY COMPANIES (“IRM GROUP” OR “GROUP”) HEADS OF AGREEMENT (“HOA”) BETWEEN IRM AND SAUJANA MARINE SDN BHD (“SMSB”)
On behalf of the Board of Directors of IRM (“Board”), KAF Investment Bank Berhad (“KAF Investment”) wishes to announce that the Company had, on 30 March 2015 entered into the HOA with SMSB. Please refer to the attachment for the details of the announcement. This announcement is dated 30 March 2015. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1917681

Attachments IRMGB-Heads of Agreement dated 30 March 2015.pdf

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Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	IRM GROUP BERHADPROPOSED REGULARISATION PLAN
We refer to the Company’s announcement to Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 31 May 2013 whereby IRM was classified as a PN17 company pursuant to Paragraph 2.1(e) of Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Securities (“MMLR”) and the Company’s further announcements on 1 July 2013, 1 August 2013, 2 September 2013, 3 September 2013, 11 September 2013, 1 October 2013, 1 November 2013, 2 December 2013, 2 January 2014, 4 February 2014, 3 March 2014, 1 April 2014, 1 May 2014 8 May 2014, 16 May 2014, 3 June 2014, 14 August 2014, 3 September 2014, 3 October 2014, 07 October 2014, 31 October 2014, 19 December 2014, 30 January 2015, 04 February 2015, 10 February 2015, 25 March 2015 and 30 March 2015 in relation to the Company’s PN17 status. On behalf of the board of directors of the Company, KAF Investment Bank Berhad (“KAF Investment”) is pleased to announce that the Company proposes to undertake the Proposed Regularisation Plan to regularise the financial position of the Company. Further details of the Proposed Regularisation Plan are as per the attachment. This announcement is dated 30 April 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4725693

Attachments IRM-Requisite Announcement-300415.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2015	31 Mar 2014	31 Mar 2015	31 Mar 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	319	50	319	50
2	Profit/(loss) before tax	-441	-1,445	-441	-1,445
3	Profit/(loss) for the period	-441	-1,445	-441	-1,445
4	Profit/(loss) attributable to ordinary equity holders of the parent	-441	-1,445	-441	-1,445
5	Basic earnings/(loss) per share (Subunit)	-0.34	-1.11	-0.34	-1.11
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	-0.1312		-0.1280

icy97

倒置收购重组完成 IRM明年可转盈

财经新闻 财经  2015-06-23 10:23
（吉隆坡22日讯）PN17公司IRM集团（IRMGRP，7220，主板工业产品股）冀望，重组计划完成后，有望在2016财年转亏为盈。

总执行长拿督阿都卡林阿末塔兹米，今天出席股东大会后指出，随着Saujana石油（SPSB）提出倒置收购该公司，一旦新业务注入公司，预料最快可在明年首季贡献收入。

早前，从事油气海运物流业务的Saujana石油，建议以倒置收购和重组的方式，协助IRM集团改善业绩表现。

他指出，IRM集团将于7月杪，提呈重组计划予马交所和证监会。

另外，该公司也正面看待玻璃市太阳能发电厂项目，将会带来盈利，该发电厂目前已完工90%。

去年6月，该公司接获永续能源发展机构（SEDA）批准子公司IRM Solar展延完成5兆瓦太阳能光伏发电厂。

截至3月31日首季，该公司营业额为31万9000令吉，按年飙升538%；净亏则从一年前的144万5000令吉，大幅收窄至44万1000令吉。【南洋网财经】

icy97

icy97 发表于 1-5-2014 11:44 PM

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	IRM GROUP BERHADPROPOSED REGULARISATION PLAN
Announcement Details/Table Section 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 2015. We refer to the Requisite Announcement made by the Company on 30 April 2015 in relation to the Proposed Regularisation Plan. The Company has up to 31 July 2015 to submit the Proposed Regularisation Plan to the relevant authorities. On behalf of the Board of IRM, KAF Investment wishes to announce that on 31 July 2015, IRM and SPSB (“Parties”) have mutually agreed to terminate the Restructuring Agreement. The Parties have agreed to release and discharge each other from all of their contractual obligations and other legal obligations and each Party shall have no claims against each other in respect of the obligations under the Restructuring Agreement. The Company is currently evaluating alternative options that are available. This announcement is dated 31 July 2015.

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	IRM GROUP BERHADPROPOSED 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 2015. On behalf of the Board of IRM, KAF Investment wishes to rectify the following paragraph stated in the earlier announcement today, 31 July 2015:- “The Company has up to 31 July 2015 to submit the Proposed Regularisation Plan to the relevant authorities. The Company did not make any submission but nevertheless the Board of IRM intent to apply for an extension of time to submit a comprehensive regularisation plan to the authorities.” This announcement is dated 31 July 2015.

icy97

上诉驳回 IRM 21日除牌

财经  2015年08月18日
（吉隆坡18日讯）IRM集团（IRMGRP，7220，主板工业股）將在本月21日（週五）除牌。

该公司今日通过交易所发文告指出，大马交易所驳回该公司的上诉进一步延迟提交重组计划，因此根据大马交易所主板上市条例，將在本月21日除牌。

该公司除牌后，仍继续营运，並进行企业重组。【东方网财经】

De-listing of IRM Group Berhad

IRM GROUP BERHAD

Bursa Malaysia Securities Berhad (Bursa Securities) had dismissed IRM Group Berhad’s further appeal for an extension of time to submit the regularisation plan to the relevant authorities for approval and decided to de-list the company pursuant to paragraph 8.04 of Bursa Securities Main Market Listing Requirements.

In the circumstances, the securities of the company will be removed from the Official List of Bursa Securities on Friday, 21 August 2015.

Effect of De-listing from the Official List of Bursa Securities

With respect to the securities of the company which are currently deposited with Bursa Malaysia Depository Sdn Bhd (Bursa Depository), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the company's securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the company who intend to hold their securities in the form of physical certificates can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the company have been de-listed from the Official List of Bursa Securities.

This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

Upon the de-listing of the company, the company will continue to exist but as an unlisted entity. The company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.