Type | : | Reply to query |
Reply to Bursa Malaysia's Query Letter - Reference ID |
| : | NE-110815-43417 |
Subject | : | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
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Description | : | EVERGREEN FIBREBOARD BERHAD (hereinafter referred to as "EFB" or "the Company") ~ MEMORANDUM OF UNDERSTANDING BETWEEN EVERGREEN PLANTATION RESOURCES SDN. BHD. ("EPR" or "the Second Party"); AND TEH HO ANN, MUHD FAISAL BIN MOHD ARIFF, AMIN BIN MAIDU AND SEMAN BIN BUANG ("First Parties") |
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| : | 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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Attachments | : | epr-query-additional information.doc |