Further to Tamadam’s announcements made on 13 May 2008, 13 August 2008, 13 November 2008, 13 February 2009, 13 May 2009, 7 August 2009, 13 November 2009 and 12 February 2010,14 May 2010, 18 November 2010, 18 February 2011 and 18 May 2011, the Board of Directors of Tamadam wish to announce that to-date there have been no further material developments since the signing of the above MOU dated 13 May 2008.
This announcement is dated 18 August 2011.
We refer to the announcements made by HwangDBS Investment Bank Berhad (“HwangDBS”) on behalf of the Board of Directors of BHB (“Board”) in relation to the Acquisition.
On behalf of the Board, HwangDBS is pleased to announce that BHB has satisfied the payment of the sum constituting 90% of the purchase consideration for the Acquisition on 21 July 2011.
Pursuant thereto, the parties have on 21 July 2011 proceeded to complete the Share Sale Agreement dated 16 May 2011 and the Acquisition is deemed completed today.
This announcement is dated 21 July 2011.
On behalf of the Board of Directors of BHB (“Board”), HwangDBS Investment Bank Berhad (“HwangDBS”) is pleased to announce that the resolution as set out in the Notice of EGM dated 10 June 2011 in relation to the Proposed Acquisition was duly passed by the shareholders of BHB at the EGM held on 27 June 2011.
In this regard, on behalf of the Board, HwangDBS wishes to announce that the conditional share sale agreement dated 16 May 2011 entered into between BHB and Dewina Holdings Sdn Bhd pertaining to the Proposed Acquisition has become unconditional on 27 June 2011.
This announcement is dated 27 June 2011.
This announcement is dated 10 June 2011.
This announcement is dated 3 June 2011.
This announcement is dated 31 May 2011.
For your convenience, the resolutions passed were as follows:
| 2. | To approve the payment of Directors’ Fees for the financial year ended 31 December 2010. | ||
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(Ordinary Resolution 1)
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| 3. | To re-elect the following Directors, who are retiring in accordance with Article 98 of the Articles of Association of the Company: | ||
| Tan Sri Dato’ Mohd Ibrahim bin Mohd Zain; and | (Ordinary Resolution 2) | ||
| (ii) Mohamed Zamry Bin Mohamed Hashim | (Ordinary Resolution 3) | ||
| 4. | To re-appoint Messrs Crowe Horwath as Auditors and to authorize the Directors to fix their remuneration. | ||
| (Ordinary Resolution 4) | |||
| Special Business | |||
| To consider and, if thought fit, to pass the following resolutions with or without any modification: | |||
| 5. | AUTHORITY TO ALLOT SHARES PURSUANT TO SECTION 132D OF THE COMPANIES ACT, 1965 | ||
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“THAT pursuant to Section 132D of the Companies Act, 1965 (“the Act”), the Directors be and are hereby empowered to allot and issue shares in the share capital of the Company at any time until the conclusion of the next Annual General Meeting (“AGM”) and upon such terms and conditions and for such purposes as the Directors may in their absolute discretion deem fit provided that the aggregate number of shares to be issued does not exceed ten per centum (10%) of the issued share capital of the Company at the time of issue, subject to the Articles of Association of the Company and approval for the listing of and quotation for the additional shares so issued on the Bursa Malaysia Securities Berhad and other relevant bodies where such approval is necessary.”
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| (Ordinary Resolution 6) | |||
| 6. | APPOINTMENT OF DIRECTORS | ||
| To pass the following resolutions in accordance with Section 129(6) of the Companies Act, 1965: | |||
| (i) | “That pursuant to Section 129(6) of the Companies Act, 1965, Col (Rtd) Dato’ Ir Cheng Wah be and is hereby re-appointed as Director of the Company and to hold office until the conclusion of the next Annual General Meeting.” | ||
| (Special Resolution 1) | |||
| (ii) | “That pursuant to Section 129(6) of the Companies Act, 1965, Goh Joon Hai be and is hereby re-appointed as Director of the Company and to hold office until the conclusion of the next Annual General Meeting.” | ||
| (Special Resolution 2) | |||
| 7. | PROPOSED CHANGE OF NAME FROM TAMADAM BONDED WAREHOUSE BERHAD TO BRAHIM’S HOLDINGS BERHAD | ||
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“THAT the name of the Company be and is hereby changed from Tamadam Bonded Warehouse Berhad to Brahim’s Holdings Berhad with effect from the date of the Certificate of Incorporation on Change of Name of the Company to be issued by the Companies Commission of Malaysia.
THAT all references in Memorandum and Articles of Association to the name of Tamadam Bonded Warehouse Berhad, wherever the same may appear, shall be deleted and substituted with Brahim’s Holdings Berhad. AND THAT the Directors of the Company be and are hereby authorised to carry out all the necessary formalities in effecting the change of name.” |
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| (Special Resolution 3) | |||
QUERY FROM BURSA MALAYSIA
We refer to your announcement dated 16 May 2011 in respect of the above matter. In this connection, kindly furnish Bursa Malaysia Securities Berhad (“Bursa Securities”) with the following additional information for public release:-
1. Particulars of contingent liabilities and guarantees to be assumed by Tamadam, arising from the Proposed Acquisition.
2. Details of the price-earning-ratio and price-to-book ratio of the comparable public-listed companies which are involved in similar or closely
similar business activities with that of DHost.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division, Securities Commission (via fax)
REPLY FROM TAMADAM :
Reference is made to the announcement dated 16 May 2011 in relation to the Proposed Acquisition.
The Company has on 18 May 2011 received a letter from Bursa Malaysia Securities Berhad requesting for additional information to be disclosed in relation to the Proposed Acquisition.
This announcement is dated 19 May 2011.
Details of additional information are set out in the attached file.
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This announcement is dated 18 May 2011.
This announcement is dated 18 May 2011.
The announcement is dated 16 May 2011.
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