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Bursa Announcements

Date : 05 December 2001

NALURI BERHAD (NALURI OR THE COMPANY) - Proposed cash subscription by Naluri of up to RM850 million comprising of up to 586,206,897 new ordinary shares of RM1.00 each in Technology Resources Industries Berhad (TRI Shares) at an issue price of RM1.45 per TRI Share pursuant to the proposed restricted issue of up to 724,138,000 new TRI Shares (Proposed TRI Restricted Issue) (Proposed Investment) - Proposed subscription of Naluri’s entitlement of 34,536,000 new TRI Shares and such number of unsubscribed TRI Shares to be determined by Naluri pursuant to the proposed TRI Rights Issue of TRI of up to 840,907,661 new TRI Shares (Proposed TRI Rights Issue) (Proposed Subscription) (Collectively known as Proposals)

NALURI BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDCY-011128-37175
SubjectNALURI BERHAD (NALURI OR THE COMPANY)
- Proposed cash subscription by Naluri of up to RM850 million comprising of up to 586,206,897 new ordinary shares of RM1.00 each in Technology Resources Industries Berhad (TRI Shares) at an issue price of RM1.45 per TRI Share pursuant to the proposed restricted issue of up to 724,138,000 new TRI Shares (Proposed TRI Restricted Issue) (Proposed Investment)
- Proposed subscription of Naluri’s entitlement of 34,536,000 new TRI Shares and such number of unsubscribed TRI Shares to be determined by Naluri pursuant to the proposed TRI Rights Issue of TRI of up to 840,907,661 new TRI Shares (Proposed TRI Rights Issue) (Proposed Subscription)
(Collectively known as Proposals)

Contents :

We refer to the announcements made on 9 and 23 November 2001 on the Proposals. On behalf of the Board of Directors of Naluri (the Board), Southern Investment Bank Berhad wishes to announce further information as follows:


1. The net loss and net tangible assets of TRI based on the latest audited accounts for the financial year ended 31 December 2000 are as follows:

    Net loss for the year ended 31 December 2000 - RM101.5 million

    Net tangible assets as at 31 December 2000 - RM97.0 million

2. In addition to the disclosure in the announcements dated 9 and 23 November 2001, the direct and indirect interests of the interested directors and interested major shareholders as at 30 August 2001 are set out in Table 1.

3. Save as disclosed in the announcements dated 9 and 23 November 2001 in relation to the interested directors and major shareholders, none of the other directors and major shareholders of Naluri or any persons connected to them, have any interest, direct or indirect, in the Proposals.

4. The Board is of the view that based on the terms of the Proposals as described in the announcement dated 23 November 2001, the Proposals have not departed from the Securities Commission’s Policies and Guidelines on Issue/Offer of Securities.


This announcement is dated 5 November 2001.
MI-011205-56694.pdf MI-011205-56694.pdf

Query Letter Contents :


We refer to your announcements dated 9 and 23 November 2001 in respect of the
aforesaid matter.
In this connection, kindly furnish the Exchange with the following additional
information for public release:-
(1) The net profits and net tangible assets of TRI based on the latest audited
accounts;
(2) The direct and indirect interests of the interested directors and
interested major shareholders;
(3) Whether any persons connected with a director or major shareholder have any
interest, direct or indirect, in the Proposals and the nature and extent of
their interests;
(4) Whether the Proposals have departed from the Securities Commission's
Policies and Guidelines on Issue/Offer of Securities; and
Please furnish the Exchange with your reply within two (2) market days from the
date hereof.

Yours faithfully

LISA LAM
Senior Manager
Listing Operations
KLL/CY

Attachments

MI-011205-56694.pdf
83 KB



Announcement Info

Company NameNALURI BERHAD  
Stock Name NALURI    
Date Announced5 Dec 2001  
CategoryGeneral Announcement
Reference NoMI-011205-56694

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