Date: 12 January 2017

MULTIPLE PROPOSALS APFT BERHAD ("APFT") (I) PROPOSED CREDITORS CAPITALISATION; AND (II) PROPOSED DIRECTORS CAPITALISATION (COLLECTIVELY REFERRED TO THE "PROPOSALS")


Type Announcement
Subject MULTIPLE PROPOSALS
Description APFT BERHAD ("APFT")

(I) PROPOSED CREDITORS CAPITALISATION; AND

(II) PROPOSED DIRECTORS CAPITALISATION

(COLLECTIVELY REFERRED TO THE "PROPOSALS")

We refer to the announcements made on 14 November 2016 and 13 December 2016 in relation to the Proposals ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

Pursuant to Paragraph 9.33(1)(a) of the Main Market Listing Requirements of Bursa Securities, APFT must, among others, submit the draft circular for the Proposals ("Circular") to Bursa Securities, not later than two (2) months from the date of the announcement (i.e., by 13 January 2017).

In addition, it was disclosed in the announcement dated 13 December 2016 that the additional listing application to Bursa Securities for the Proposals ("ALA") is expected to be submitted within two (2) months from the date of the announcement (i.e., by 13 January 2017).

In view of the above, TA Securities has on 11 January 2017 submitted an application to Bursa Securities seeking its approval for an extension of time of up to 13 March 2017 to submit the draft Circular and the ALA.

This announcement is dated 12 January 2017.




Back