News

Proposed Listing Of The Companys Automated Solution Business On the Main Board Of The Stock Exchange Of Hong Kong Limited (HKEX) (Proposed Listing)

BackJul 21, 2017
Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-20072017-00001
Subject PROPOSED LISTING OF THE COMPANYS AUTOMATED SOLUTION BUSINESS ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED (HKEX) (PROPOSED LISTING)
Description

PENTAMASTER CORPORATION BERHAD (PCB OR THE COMPANY) PROPOSED LISTING OF THE COMPANYS AUTOMATED SOLUTION BUSINESS ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED (HKEX) (PROPOSED LISTING)

Query Letter Contents

We refer to your Company’s announcement dated 17 July 2017, in respect of the aforesaid matter.

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

1.            The breakdown of proceeds for staff and other general administrative and operating related expenses and the details of the general administrative and operating related expenses.

2.            The details of the proceeds in relation to the sales and marketing expenses.

3.            The proposed utilisation by Pentamaster Corporation Berhad ("PCB") of the RM15 million upon reimbursement by Pentamaster International Limited.

4.            The quantification of the total bank borrowings of PCB Group as at latest practicable date.

5.            The date and cost of investment in the 7.4% of Pentamaster Technology (M) Sdn Bhd, Pentamaster Equipment Manufacturing Sdn Bhd and Pentamaster Instrumentation Sdn Bhd  that is being disposed to GEMS Opportunities Limited Partnership ("GEMS").

6.            The corporate structure of the PCB Group after the completion of the Internal Reorganisation and Proposed Listing.

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

Yours faithfully,

 

TAN YEW ENG
Vice President, Issuers
Listing

Regulation

TYE/NZ

Cc : Market Surveillance Dept. , Securities Commission (via fax)

With reference to Bursa Securities's query letter dated 20 July 2017, kindly refer to the attached file for the Company's reply.


Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 21 Jul 2017
Category General Announcement for PLC
Reference Number GA1-21072017-00006

Attachments

  1. Reply_to_Bursa_Query_Internal_ReorgPreIPO.pdf (Size: 85,720 bytes)