| Type | Announcement |
| Subject | OTHERS |
| Description |
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY")
MONTHLY ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
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We refer to the previous monthly announcements in relation to BHB’s default in payment in its banking facilities. The Board of Directors of the Company wishes to inform that the Company had received a letter from OCBC Al-Amin Bank Berhad (“OCBC”), serving a put option notice in relation to the Term Financing-I Ijarah Muntahiah bi Ai-Tamlik (Term-i) (“Put Option Notice”). Pursuant to the Put Option Notice, the Company is required to settle an amount owing to OCBC of RM79,256,276.71 together with late payment charges. Save as the above, there are no material developments on the status of default in payment at the date of this announcement. This announcement is dated 5 May 2022. |
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Author Archives: admin
AUDIT REPORT – MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN : DISCLAIMER OF OPINION
| Type | Announcement |
| Subject | AUDIT REPORT – MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN DISCLAIMER OF OPINION |
| Description |
BRAHIMS HOLDINGS BERHAD ("THE COMPANY")
- DISCLAIMER OF OPINION FOR THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
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Pursuant to Paragraph 9.19 (37) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that the Company’s External Auditors, Messrs Baker Tilly Monteiro Heng PLT had expressed their disclaimer of opinion in the Company’s Audited Financial Statements for the financial year ended 31 December 2021.
This announcement is dated 29 April 2022. |
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Please refer attachment below.
Annual Report & CG Report
| Annual Report for Financial Year Ended | 31 Dec 2021 |
| Subject | Annual Report & CG Report – 2021 |
GENERAL MEETINGS: Notice of Meeting 40th AGM
| Type of Meeting | General |
| Indicator | Notice of Meeting |
| Description |
Notice of 40th Annual General Meeting of Brahim's Holdings Berhad |
| Date of Meeting | 24 Jun 2022 |
| Time | 10:00 AM |
| Venue(s) |
Online meeting platform at https://meeting.boardroomlimited.my (Domain Registration No. with MYNIC-D6A357657) provided by Boardroom Share Registrars Sdn. Bhd. Malaysia |
| Date of General Meeting Record of Depositors | 17 Jun 2022 |
Resolutions |
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1. For Information |
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| Description |
To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2021 together with the Reports of the Directors and Auditors thereon. |
| Shareholder’s Action | For Information Only |
2. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors Fees amounting to RM357,000 for the financial year ended 31 December 2021. |
| Shareholder’s Action | For Voting |
3. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors Remuneration (excluding Directors Fee) payable to the Board an amount of RM50,000 for the period from 25 June 2022 until the next Annual General Meeting. |
| Shareholder’s Action | For Voting |
4. Ordinary Resolution 3 |
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| Description |
To re-elect Dato Seri Ibrahim Bin Haji Ahmad, who retire in accordance with Clause 95 of the Company's Constitution. |
| Shareholder’s Action | For Voting |
5. Ordinary Resolution 4 |
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| Description |
To re-elect Mohamed Zamry Bin Mohamed Hashim, who is retiring as Director in accordance with the Clause 101 of the Company's Constitution. |
| Shareholder’s Action | For Voting |
6. Ordinary Resolution 5 |
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| Description |
To re-elect Yee Yit Yang, who is retiring as Director in accordance with the Clause 101 of the Company's Constitution. |
| Shareholder’s Action | For Voting |
7. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT (AF 0117) as Auditors of the Company until the conclusion of the next Annual General Meeting and authorise the Directors to fix their remuneration. |
| Shareholder’s Action | For Voting |
8. Ordinary Resolution 7 |
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| Description |
To approve the authority to issue shares. |
| Shareholder’s Action | For Voting |
Please refer attachment below.
Notice of Person Ceasing (Section 139 of CA 2016)
Particulars of Substantial Securities Holder
| Name | URUSHARTA JAMAAH SDN. BHD. |
| Address | Tingkat 7, Bangunan Setia 1 15 Lorong Dungun Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia. |
| Company No. | 201801045610 (1307642-V) |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class) |
Ordinary Shares |
| Name of registered holder | Citigroup Nominees (Tempatan) Sdn. Bhd. |
| Address of registered holder |
Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
| Date of cessation | 08 Apr 2022 |
| No of securities disposed | 45,553,450 |
| Circumstances by reason of which a person ceases to be a substantial shareholder |
Disposal of Shares |
| Nature of interest |
Direct Interest |
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| Date of notice | 11 Apr 2022 |
| Date notice received by Listed Issuer | 12 Apr 2022 |
PRACTICE NOTE 17 / GUIDANCE NOTE 3 : SUSPENSION AND/OR DELISTING
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 SUSPENSION AND/OR DELISTING |
| Description |
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY")
APPEAL ON DE-LISTING OF BHB
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Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the announcement dated 8 April 2022. We refer to the Company’s announcement dated 8 April 2022 in relation to the decision by Bursa Malaysia Securities Berhad (“Bursa Securities”) to reject the Company’s Application and to suspend and subsequently de-list the securities of the Company (“Announcement”). The Board of Directors of BHB wishes to announce that the Company had on 14 April 2022, submitted an appeal to Bursa Securities against the commencement of de-listing procedures on the securities of the Company (“Appeal”). Given that the Appeal was submitted within the Appeal Timeframe (i.e. on or before 14 April 2022), the removal of the securities of the Company from the Official List of Bursa Securities on 20 April 2022 shall be deferred pending the decision by Bursa Securities on the Appeal. An announcement in relation to the outcome of the Appeal will be released in due course. This announcement is dated 14 April 2022. |
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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : SUSPENSION AND/OR DELISTING
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 SUSPENSION AND/OR DELISTING |
| Description |
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY")
EXTENSION OF TIME TO COMPLY WITH PARAGRAPH 8.04(3) AND PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
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We refer to the Company’s announcement dated 25 February 2022 in relation to the submission of an application for an extension of time to comply with Paragraph 8.04(3) and Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) (“Application”). The Board of Directors of the Company wishes to announce that Bursa Securities had vide its letter dated 7 April 2022, decided to reject the Company’s Application. In the circumstances and pursuant to Paragraph 8.04(5) of the Listing Requirements, please be informed that:
The Company intends to submit an appeal to Bursa Securities on their decision to de-list the securities of the Company within the Appeal Timeframe. Upon submission of the Company’s appeal and pending Bursa Securities’ decision, the de-listing of the securities of the Company from the Official List of Bursa Securities will be deferred, However, Bursa Securities shall proceed to suspend the trading of the Company’s securities on 15 April 2022. This announcement is dated 8 April 2022. |
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SUSPENSION AND DE-LISTING OF THE SECURITIES OF BRAHIM’S HOLDINGS BERHAD
Bursa Malaysia Securities Berhad (Bursa Securities) had rejected BRAHIMS application for an extension of time to submit its regularisation plan.
In the circumstances and pursuant to paragraph 8.04(5) of Bursa Securities Main Market Listing Requirements, please be informed that:-
- the trading in the securities of BRAHIMS will be suspended with effect from 15 April 2022; and
- the securities of BRAHIMS will be de-listed on 20 April 2022 unless an appeal against the de-listing is submitted to Bursa Securities on or before 14 April 2022 (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 de-listing of the securities of the company from the Official List of Bursa Securities on 20 April 2022 will be deferred pending the decision on the company’s appeal. However, Bursa Securities shall proceed to suspend the trading of the company’s securities on 15 April 2022 even though the decision on the company’s appeal is still pending.
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 any time 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.
PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description |
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY")
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
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We refer to the previous monthly announcements in relation to the Company being classified as an affected listed issuer pursuant to Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”). The Board of Directors of the Company (“Board”) wishes to inform that the Company is still in the midst of formulating its regularisation plan, which was due to be submitted to Bursa Securities not later than 27 February 2022. On 25 February 2022, the Company submitted an application to Bursa Securities for a further extension of time to submit its regularisation plan to comply with Paragraph 8.04(3) and PN 17 of the Listing Requirements (“EOT Application”). The EOT Application is pending Bursa Securities’ decision and an announcement will be released upon receipt of the same. This announcement is dated 1 April 2022. |
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BRAHIM’S HOLDINGS BERHAD (“BHB” OR THE COMPANY”) MONTHLY ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHA
| Type | Announcement |
| Subject | OTHERS |
| Description |
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY")
MONTHLY ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
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We refer to the previous monthly announcements in relation to BHB’s default in payment in its banking facilities. The Board of Directors of the Company (“Board”) wishes to inform that save as announced on 18 March 2022, there are no material developments on the status of default in payment at the date of this announcement. This announcement is dated 1 April 2022. |
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