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2018
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Announcements

Date: 21 December 2010

General Announcement

Type
:
Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID
:
RS-101220-59128
Subject
:
BERTAM ALLIANCE BERHAD ("BERTAM" or "the Company")
- DISPOSAL OF SHARES IN BERTAM BY MIRAMAS DEVELOPMENT SDN. BHD. ("MDSB"), SUBSTANTIAL SHAREHOLDER OF THE COMPANY, MR NG SING HWA AND MR NG CHEE HUA, SUBSTANTIAL SHAREHOLDERS AND DIRECTORS OF THE COMPANY, WHO ARE ALSO DIRECTORS AND SHAREHOLDERS OF MDSB

Contents
:
The Company's announcement dated 17 December 2010 and the query letter from Bursa Malaysia Berhad dated 20 December 2010 pertaining to the above matter refer.

Query Letter
content
:
We refer to your announcement dated 17 December 2010, in respect of the
aforesaid Disposal.

In this connection, kindly furnish Bursa Malaysia Securities Berhad with the
following additional information for public release:-

(1) Tabulation of the substantial shareholders and their respective interests,
direct and indirect;

(2) The identity of the purchaser and the purchase price for each of the
respective disposed blocks;

(3) Impact of the Disposal on BERTAM's business, financially and
operationally, as a consequence of the change in substantial shareholders; and

(4) A confirmation on whether the Disposal has triggered the definition of
"significant change in the business direction or policy", as prescribed under
paragraph 1.01 of the Main Market Listing Requirements ("Main Market
LR"). If yes, to furnish information stipulated under Part H, Appendix 10A of
the
Main Market LR.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully



KHOO KAY KWAN
Head, Issuers
Listing Division, Regulation

KKK/RSA

cc: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)


Announcement Details :

The Board of Directors of Bertam is pleased to provide the following additional information for public release:-

1. Tabulation of the substantial shareholders and their respective interests, direct and indirect

    The Substantial Shareholders of the Company as per the Register of Substantial Shareholders as at 20 December 2010 are set out in the attachment below.

2. The identity of the purchaser and the purchaser price for each of the respective disposed blocks
    The name of the purchaser is Mr Er Kim Keong (NRIC No. 590920-10-5837) and the details of the purchase price for each of the respective disposed blocks are as follows:-

    Date of purchase
    Purchase Price (RM)
    No. of Ordinary Shares
    9 December 2010
    6,500,000
    10,000,000
    On or before 8 Jan 2011
    6,500,000
    10,000,000
    On or before 31 Mar 2011
    6,600,000
    10,000,000
    On or before 30 Jun 2011
    6,800,000
    10,000,000
    On or before 30 Nov 2011
    7,000,000
    10,000,000
    Total Purchase Price
    33,400,000
    50,000,000


3. Impact of the Disposal on Bertam's business, financially and operationally, as a consequence of the change in substantial shareholders
    To the best of knowledge of the Board of Directors of Bertam, they do not foresee any impact on Bertam's business, financially and operationally, as a consequence of the change in substantial shareholders.


4. A confirmation on whether the Disposal has triggered the definition of "significant change in the business direction or policy", as prescribed under paragraph 1.01 of the Main Market Listing Requirements ("Main Market LR"). If yes, to furnish information stipulated under Part H, Appendix 10A of the Main Market LR.
    To the best of knowledge of the Board of Directors of Bertam, the Disposal does not trigger the definition of "significant change in the business direction or policy" as prescribed under paragraph 1.01 of the Main Market Listing Requirements.



ATTACHMENT

- List-susbtantial shareholders.pdf

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