| : | We refer to the Company's announcement dated 12 August 2011, 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:-
Name of directors of JW;
Net profit and net assets of JW based on its latest audited financial
statements;
Particulars of liabilities, including contingent liabilities and guarantees to
be assumed by your Company arising from the MOU;
Name of the expert who conducted the pre-due diligence review and brief
conclusion of the due-diligence report;
Further justification for the purchase consideration of RM37,837,800 over the
rights given by Jabatan Perhutanan Negeri Johor for the 4410 acres land to JW;
The maturity of the timber trees;
The extraction rates and returns that is expected to be derived from the timber
activity; and
Any other relevant authorities approval required for the MOU.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/NAE
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax) |
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epr-query-a.doc