practice note 1 / guidance note 5 new default

11/18/13
Company Announcements | Bursa Malaysia Market
PRACTICE NOTE 1 / GUIDANCE NOTE 5 NEW DEFAULT
AHB HOLDINGS BERHAD
Type
Reply to query
Reply to Bursa
CY-130902-58336
Malaysia's Query Letter
- Reference ID
Subject
PRACTICE NOTE 1 / GUIDANCE NOTE 5
NEW DEFAULT
Description
AHB HOLDINGS BERHAD (“AHB” or “the Company”)
- Default in Payment
Query Letter Contents We refer to your Company's announcement dated 29 August 2013 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:(1) The total cost of investment in AHB Technology Sdn Bhd.
(2) Whether the Default in Payment constitutes an event of default under a
different agreement for indebtedness (cross default) and the details for such
other default, where applicable.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
/WCY
Copy to:- General Manager & Head, Market Surveillance Department, Market
Oversight Division, Securities Commission (via fax)
Further to the announcement made by the Company on 29 August 2013 in respect of the Writ of Summons
dated 14 August 2013 and Statement of Claim dated 13 August 2013 served on AHB Technology Sdn Bhd
(“AHBT”), a wholly-owned major subsidiary of AHB, the Board is pleased to furnish herewith the following
additional information as requested by Bursa Malaysia Securities Berhad via its letter dated 2 September
2013:www.bursamalaysia.com/market/listed-companies/company-announcements/1399129
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11/18/13
Company Announcements | Bursa Malaysia Market
1. The total cost of investment in AHBT.
The total cost of investment in AHBT amounted to RM18,672,920.00.
2.
Whether the Default in Payment constitutes an event of default under a different agreement for
indebtedness (cross default) and the details for such other default, where applicable.
The Default In Payment does not constitute an event of default under a different agreement for
indebtedness (cross default) as it is a stand-alone agreement between AHBT and Malayan Banking
Berhad which was restructure from the Supplementary Debt Restructuring Agreement dated 17 August
2001.
This announcement is dated 4 September 2013.
Announcement Info
Company Name
Stock Name
Date Announced
Category
Reference No
AHB HOLDINGS BERHAD
AHB
4 Sept 2013
General Announcement
CC-130904-38864
www.bursamalaysia.com/market/listed-companies/company-announcements/1399129
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