Reply to Bursa Malaysia's Query Letter - Reference ID
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Share Sale Agreement
Query Letter content
We refer to the Company's announcement dated 15 February 2012, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with the following additional information for public release:-
1. Further detailed elaboration / justification to arrive at the purchase consideration after taking into consideration the rights given by Jabatan Perhutanan Negeri Johor to extract and replant timber latex clones on the said Land. 2. Percentage breakdown of the mature and immature trees on the said Land respectively. 3. The status of the remaining areas of the said Land other than the 700 hectares which have been logged and 1000 acres which have been replanted. 4. The estimated additional financial commitment required in carrying out the replanting activities.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
HENG TECK HENG Head, Issuers Listing Division Regulation IJ/TEK c.c:- General Manager and Head, Market Surveillance, Securities Commission (via fax)