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.

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:

1. The trading of the securities of BHB will be suspended with effect from 15 April 2022; and

1. The securities of the Company 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 (“Appeal Timeframe”) wherein the de-listing will be deferred pending the decision of the Company’s appeal.

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.

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.

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.

We refer to the default in payment announcement dated 22 April 2021 (“Default in Payment Announcement”) and the subsequent monthly announcements in relation to BHB’s default in payment in its banking facilities. Unless otherwise defined, the terms herein shall bear the same meaning as defined in the Default in Payment Announcement.

The Board of Directors of the Company (“Board”) wishes to inform that the Company had received a letter of demand from Shook Lin & Bok, the appointed solicitor for OCBC Al-Amin Bank Berhad (“OCBC”), dated 16 March 2022. OCBC’s claim against BHB via the letter of demand are as follows:-

1. The outstanding rental sum of RM62,033,341.64 as at 28 February 2022 and RM75.00; and
2. BHB is given 7 (seven) days from the date hereon, to settle the said payment, failing which OCBC shall have no option but be compelled to declare and demand that the secured amount to be immediately due and payable.

Save as disclosed above, there are no material developments on the status of default in payment at the date of this announcement.

This announcement is dated 18 March 2022.

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 March 2022.