PROPOSED PRIVATE PLACEMENT OF UP TO 21,480,500 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES” OR “SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BHB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)

BRAHIM’S HOLDINGS BERHAD

 

Type Reply to query
Reply to Bursa Malaysia’s Query Letter – Reference ID CY-130911-39799
Subject PROPOSED PRIVATE PLACEMENT OF UP TO 21,480,500 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES” OR “SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BHB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)
Description We refer to the announcement dated 9 September 2013 and Bursa Malaysia Securities Berhad’s query letter dated 11 September 2013 (“Queries”) in respect of the Proposed Private Placement.

On behalf of the Company, we are pleased to provide the additional information to the Queries as attached herein.

This announcement is dated 11 September 2013.

Query Letter Contents We refer to Brahims’ announcement dated 9 September 2013 in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
(1) To incorporate details on the land to be acquired (“Land”) for the purpose
of the integrated sugar refinery production facilities in Demak Laut Industrial
Park, Kuching, Sarawak.
(2) To quantify the total purchase consideration of the Land and the sources of
fund to finance the acquisition.
(3) To state the name of the director and substantial shareholder who have
extended the loan advances to Brahims.
(4) To quantify the expected interest savings from the repayment of the loan
advances.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully

SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

/WCY

Copy to:- General Manager & Head, Market Surveillance Department, Market
Oversight Division, Securities Commission (via fax)