MULPHA INTERNATIONAL BERHAD ("MIB" OR THE "COMPANY") PROPOSED LISTING OF MANTA HOLDINGS COMPANY LIMITED ("MHCL"), A WHOLLY-OWNED SUBSIDIARY COMPANY OF MIB ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("SEHK") ("PROPOSED LISTING")
| MULPHA INTERNATIONAL BERHAD |
| Type | Reply to query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | NM-100414-50673 |
| Subject | MULPHA INTERNATIONAL BERHAD ("MIB" OR THE "COMPANY") PROPOSED LISTING OF MANTA HOLDINGS COMPANY LIMITED ("MHCL"), A WHOLLY-OWNED SUBSIDIARY COMPANY OF MIB ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("SEHK") ("PROPOSED LISTING") |
| Contents | We refer to the announcement made by OSK Investment Bank Berhad, on behalf of the Company on 9 April 2010 in respect of the Proposed Listing, we furnish herewith the additional information in respect of the aforesaid matter. The additional information are set out in the attachment below. This announcement is dated 15 April 2010. |
| Query Letter Content | We refer to your announcement dated 9 April 2010 in respect of the above captioned matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release :- 1. The purchase consideration for the acquisitions of Manta Engineering and Equipment Company Limited, Manta Equipment Rental Company Limited, Manta Equipment Services Limited by Chief Strategy Limited ("CSL") and Manta Equipment (S) Pte Ltd by Gold Lake Holdings Limited ("GLHL") respectively; and the basis of arriving at the respective purchase consideration. If they were based on net assets, the year the net assets were taken into consideration, quantifying the net assets and stating whether they were based on audited financial statements. 2. In respect of the issuance of CSL Shares and GLHL Shares arising fom the acquisitions, to state the following: i) the number of shares to be issued. ii) the issue price and the basis of determining the issue price. 3. The basis of arriving at the consideration of the disposal of Pan Ocean's entire shareholdings in MHCL to Jumbo Hill Group Limited ("Disposal"). If it was based on net assets, the year the net assets were taken into consideration, quantifying the net assets and stating whether it was based on audited financial statements. 4. The manner in which the consideration of the Disposal will be satisfied including the terms of any arrangement for payment on a deferred basis. 5. Mulpha's effective percentage shareholdings in MHCL upon the completion of the Proposed Listing. Kindly furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully CHONG FUI TZY Head, Issuers Listing Division, Regulation TYE/NMA c.c:- Head, Market Surveillance Department, Market Supervision Division, Securities Commission (via fax) |
Announcement Info
| Company Name | MULPHA INTERNATIONAL BERHAD |
| Stock Name | MULPHA |
| Date Announced | 15 Apr 2010 |
| Category | General Announcement |
| Reference No | OI-100415-61001 |
