| |
The information set out below is disclosed in compliance with Appendix 9C, Part A of the Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”):- |
| |
| 1. |
Utilisation of Proceeds |
| |
(a) Non-renounceable offer for sale by Tradewinds Corporation Berhad (“TCB”) and its nominees of all the 157,194,980 ordinary shares of RM1.00 each in Tradewinds (M) Berhad (“TWM”) held by TCB and its nominees to shareholders of TCB on a rights basis at the offer price of RM3.80 per TWM share; and |
|
| |
| |
(b) Acquisition of 100% of the issued and paid-up share capital of Edisi Minda Sdn Bhd (“EMSB”), Erat Kilauan Sdn Bhd (“EKSB”) and Simbol Arif Sdn Bhd (“SASB”) for a purchase consideration of RM145 million satisfied in cash. |
|
| |
Description |
Approved Utilisation RM’000 |
Actual Utilisation RM’000 |
| ...................................................................................................................................................................................... |
Loan Repayment |
355,000 |
355,000 |
| |
Finance the acquisition of EMSB, EKSB and SASB |
145,000 |
145,000 |
| |
Working Capital |
97,000 |
97,000 |
| ...................................................................................................................................................................................... |
Total |
597,000 |
597,000 |
|
| |
| 2. |
Share Buybacks |
| |
During the financial year, there were no share buybacks by the Company. |
|
| |
| 3. |
Options, Warrants of Convertibles Securities |
| |
There were no options or warrants issued by the Company which are exercised during the financial year.
During the financial year, a total of 9,800 ordinary shares of RM1.00 each were issued by the Company by virtue of the conversion of 9,800 2% Irredeemable Convertible Unsecured Loan Stocks (“ICULS”) 2005/2012 of TCB at a conversion price of RM1.00 each.
|
|
| |
| 4. |
American Depository Receipt (ADR) or Global Depository Receipt (GDR) Programme |
| |
During the financial year, the Company did not sponsor any ADR or GDR programme. |
|
| |
| |
| ...................................................................................................................................................................................... |
|
 Download complete chapter of Additional Compliance Information
|
| |
| |
| |
| |
