Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder

Name DR IHSAN BIN OSMAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of Transaction Nature of Interest
1 24 Jan 2018

40,000

Disposed Direct Interest
Name of registered holder DR IHSAN BIN OSMAN
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Disposal of shares via open market
Nature of interest Direct Interest
Direct (units) 4,262,150
Direct (%) 5.204
Indirect/deemed interest (units) 2,170,300
Indirect/deemed interest (%) 2.65
Total no of securities after change 6,432,450
Date of notice 29 Jan 2018
Date notice received by Listed Issuer 29 Jan 2018

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder

Name DR IHSAN BIN OSMAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of Transaction Nature of Interest
1 19 Jan 2018

50,000

Acquired Indirect Interest
Name of registered holder REZWAN BIN IHSAN
Address of registered holder BT 21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
2 19 Jan 2018

7,000

Acquired Indirect Interest
Name of registered holder ELENA BINTI IHSAN
Address of registered holder BT 21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
3 23 Jan 2018

35,300

Acquired Indirect Interest
Name of registered holder ELENA BINTI IHSAN
Address of registered holder BT21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
4 23 Jan 2018

17,000

Acquired Indirect Interest
Name of registered holder REZWAN BIN IHSAN
Address of registered holder BT 21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Indirect Interest
Direct (units) 4,302,150
Direct (%) 5.253
Indirect/deemed interest (units) 2,170,300
Indirect/deemed interest (%) 2.65
Total no of securities after change 6,472,450
Date of notice 24 Jan 2018
Date notice received by Listed Issuer 24 Jan 2018

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder

Name DR IHSAN BIN OSMAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of Transaction Nature of Interest
1 15 Jan 2018

30,000

Acquired Indirect Interest
Name of registered holder REZWAN BIN IHSAN
Address of registered holder BT 21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
2 15 Jan 2018

13,100

Acquired Indirect Interest
Name of registered holder ELENA BINTI IHSAN
Address of registered holder BT 21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
3 16 Jan 2018

355,600

Acquired Indirect Interest
Name of registered holder ELENA BINTI IHSAN
Address of registered holder BT21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Indirect Interest
Direct (units) 4,302,150
Direct (%) 5.253
Indirect/deemed interest (units) 2,061,000
Indirect/deemed interest (%) 2.516
Total no of securities after change 6,363,150
Date of notice 18 Jan 2018
Date notice received by Listed Issuer 18 Jan 2018

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder

Name DR IHSAN BIN OSMAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of Transaction Nature of Interest
1 10 Jan 2018

35,505

Disposed Direct Interest
Name of registered holder DR IHSAN BIN OSMAN
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
2 10 Jan 2018

23,100

Disposed Indirect Interest
Name of registered holder SITI ESA BINTI AB RAHIM
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
3 11 Jan 2018

63,000

Acquired Indirect Interest
Name of registered holder REZWAN BIN IHSAN
Address of registered holder BT 21, KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Acquisition and Disposal of shares via open market
Nature of interest Direct and Indirect Interest
Direct (units) 4,302,150
Direct (%) 5.253
Indirect/deemed interest (units) 1,662,300
Indirect/deemed interest (%) 2.03
Total no of securities after change 5,964,450
Date of notice 15 Jan 2018
Date notice received by Listed Issuer 15 Jan 2018

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder

Name DR IHSAN BIN OSMAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of Transaction Nature of Interest
1 04 Jan 2018

69,045

Disposed Direct Interest
Name of registered holder DR IHSAN BIN OSMAN
Address of registered holder C/O Klinik Ihsan & Siti 411 Lot 8667 AG Komplek Perniagaan 78000 Alor Gajah, Melaka
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Disposal of shares via open market
Nature of interest Direct Interest
Direct (units) 4,337,655
Direct (%) 5.296
Indirect/deemed interest (units) 1,622,400
Indirect/deemed interest (%) 1.981
Total no of securities after change 5,960,055
Date of notice 09 Jan 2018
Date notice received by Listed Issuer 09 Jan 2018
8 Jan 2018

OTHERS

OTHERS MESB BERHAD (”THE COMPANY” OR “MESB”) – LICENCE AGREEMENT ENTERED INTO BETWEEN MIROZA LEATHER (M) SDN. BHD. AND CROCODILE INTERNATIONAL SDN. BHD.

Type Announcement
Subject OTHERS
Description MESB BERHAD (”THE COMPANY” OR “MESB”)

- LICENCE AGREEMENT ENTERED INTO BETWEEN MIROZA LEATHER (M) SDN. BHD. AND CROCODILE INTERNATIONAL SDN. BHD.

INTRODUCTION

The Board of Directors (“Board”) of MESB wishes to announce that Miroza Leather (M) Sdn. Bhd. (“Miroza”), a wholly-owned subsidiary of MESB, had on 8 January 2018 entered into a Licence Agreement with Crocodile International Sdn. Bhd. (Company No. 3530-P) (“CISB”) (“Agreement”), under which CISB grants to Miroza an exclusive licence to use the Trade Marks including but not limited to the mark “CROCODILE” (“Trade Marks”) in Malaysia (“the Territories”) solely on, in relation to or in connection with, the design, manufacture, advertisement, distribution, sale and promotion of the following ‘Crocodile’ Men’s Apparel and Innerwear products:-

1.  All types of men’s apparel including T-shirts, polo shirts, shirts, pullovers, cardigans, sweaters, jackets, overcoats, suits, bermudas, shorts, pants, trousers, jeans, singlets, briefs and neckties; and

2.  Men’s Handkerchiefs.

(“collectively, referred as “Licensed Products”)

SALIENT TERMS OF THE AGREEMENT

The salient terms of the Agreement are as follows:-

i.  The Licence is for a period of 2 years and 11 months commencing from 1 February 2018 to 31 December 2020 (“Licence Period”), until terminated earlier in accordance with the terms and conditions of the Agreement. CISB and Miroza have agreed to renew the Agreement for another two (2) years, commencing on 1 January 2021 upon the same terms and conditions of the Agreement and subject to the additional terms and conditions pursuant to CISB’s letter dated 8 January 2018.

ii.  The Licence is subject to Miroza continually using the Trade Marks for all the Licensed Products within the Territories during the Licence Period.

iii.  Miroza shall pay royalty to CISB based on the net sales or at a fixed amount, whichever is higher, as per the Agreement.

iv.   Miroza undertakes and guarantees that the total net sales originating from the Territories in respect of each of the 12 consecutive calendar months during the Licence Period shall not be less than the minimum sales target as set out in the Agreement.

FINANCIAL EFFECTS

Barring unforeseen circumstances, the Agreement will have material effect on the earnings and net assets of the Company and its group of companies (“Group”) for the financial year ending 31 March 2018 onward, during the Licence Period.

RISKS

The Group does not foresee any exceptional risks other than the normal operational risks associated with the Agreement. The Group of management will take the necessary steps to mitigate the risks as and when they occur.

DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST

None of the Directors and/or major shareholders of the Company and/or persons connected with a Director or major shareholder has any interest, direct or indirect, in the Agreement.

5 Jan 2018

MULTIPLE PROPOSALS

MULTIPLE PROPOSALS MESB BERHAD (”MESB” OR THE “COMPANY”) (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY, THE “PROPOSALS”)

Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (”MESB” OR THE “COMPANY”)

(I) PROPOSED SHARE SPLIT; AND

(II) PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY, THE “PROPOSALS”)

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcement dated 19 October 2017 in relation to the Bonus Issue of Warrants)

We refer to the Company’s announcement dated 19 October 2017 and its subsequent announcements in relation to the Bonus Issue of Warrants.

On behalf of the Board, KAF Investment Bank Berhad wishes to announce that the Bonus Issue of Warrants has been completed today, following the listing of and quotation for 40,950,000 Warrants on the Main Market of Bursa Securities.

Profile for Securities of PLC

Instrument Category Securities of PLC
Instrument Type Warrants
Description Free detachable warrants (”Warrants”) issued pursuant to the Bonus Issue of Warrants (as defined below)
Listing Date 05 Jan 2018
Issue Date 02 Jan 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 40,950,000
Maturity Mandatory
Maturity Date 30 Dec 2022
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3000
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)
Remarks :
The Warrants are issued to the entitled shareholders of MESB Berhad (”MESB”) pursuant to the bonus issue of 40,950,000 free warrants in MESB (”Warrants”) on the basis of one (1) Warrant for every two (2) ordinary shares held in MESB after the Share Split at 5.00 p.m. on 27 December 2017 (”Bonus Issue of Warrants”).

Each Warrant carries the entitlement to subscribe for one (1) new MESB Share at the exercise price of RM0.30 and at any time including and commencing from the second anniversary of the issue date of the Warrants for three years (”Exercise Period”), subject to the adjustments in accordance with the provisions of the deed poll dated 13 December 2017 constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 4 January 2018.

MESB-WA – ISSUE OF 40,950,000 WARRANTS IN MESB (”WARRANTS”) ON THE BASIS OF 1 WARRANT 2017/2022 FOR EVERY 2 EXISTING MESB SHARES HELD BY ENTITLED SHAREHOLDERS (”FREE WARRANTS ISSUE”)

Kindly be advised that MESB’s 40,950,000 new warrants issued pursuant to the Free Warrants Issue will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants on the Main Market, will be granted with effect from 9.00 a.m., Friday, 5 January 2018.

The Stock Short Name, Stock Number and ISIN Code of the Warrants are “MESB-WA”, “7234WA” and “MYL7234WAWC7″ respectively.

28 Dec 2017

MULTIPLE PROPOSALS

MULTIPLE PROPOSALS MESB BERHAD (”MESB” OR THE “COMPANY”) (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY, THE “PROPOSALS”)

Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (”MESB” OR THE “COMPANY”)

(I) PROPOSED SHARE SPLIT; AND

(II) PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY, THE “PROPOSALS”)

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcement dated 19 October 2017 in relation to the Share Split)

We refer to the Company’s announcement dated 19 October 2017 and its subsequent announcements in relation to the Share Split.

On behalf of the Board of Directors of MESB, KAF Investment Bank Berhad wishes to announce that the Share Split has been completed today, following the listing of and quotation for 81,900,000 Resultant Shares on the Main Market of Bursa Malaysia Securities Berhad