Proposed Acquisition of 60% Equity Interest in Zulikha Murni Sdn Bhd (ZMSB)
BTM RESOURCES BERHAD
Type Reply to Query Reply to Bursa Malaysia's Query Letter - Reference ID IQL-25042016-00002 Subject Proposed Acquisition of 60% Equity Interest in Zulikha Murni Sdn Bhd (ZMSB) Description We refer to the announcement dated 22 April 2016 in relation to the Shares Sale Agreement and the query letter from Bursa Malaysia Securities Berhad on 25 April 2016 and further to our reply dated 26 April 2016,we provide the following additional information in the attachment section. Query Letter Contents We refer to your Company’s announcement dated 22 April 2016, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
1) The Net Assets/Liabilities and Net Profits/Loss of ZMSB based on the latest audited financial statements;
2) The address or identification (lot, title number, relevant mukim etc) of the 300 plots of lands approved by Selangor State Authority for issuance to ZMSB;
3) The date of approval by the Selangor State Authority for the issuance of the Temporary Occupation Licences (“TOL”) as well as the expected date for the issuance of the TOL to ZMSB;
4) Whether the TOL is renewable beyond the initial term of 21 years. If yes, to state the duration of extension allowed;
5) Detailed background information of the “Pembinaan Menara Pintar” and “Projek Monopoles SWIFT” including the purpose and description of the project, identity of the parties involved, approvals required from authorities, estimated financial commitment required to undertake the projects and its source of funds;
6) Elaboration of the telecommunication towers business to be undertaken by ZMSB and the basis that it will contribute to the profitability of BTM Group;
7) The detailed basis to arrive at the purchase consideration of RM800,000;
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
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VLVL
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Posted by VLVL > 2016-03-24 09:10 | Report Abuse
sudah cakap semalam...30 cetns coming..