8 Mar 2013

DISPOSAL OF PROPERTY BY CUSB

Author: admin | Filed under: Announcement
Type Reply to query
Reply to Bursa Malaysia’s Query Letter – Reference ID YL-130307-41999
Subject MESB BERHAD
DISPOSAL OF PROPERTY BY CRYSTAL UNITED SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MESB BERHAD
Description We refer to the announcement made on 5 March 2013 in relation to the above subject matter and wish to furnish the additional information as attached, pursuant to the letter from Bursa Malaysia Securities Berhad dated 8 March 2013.

This announcement is dated 8 March 2013

Query Letter Contents We refer to your Company’s announcement dated 5 March 2013 in respect of the
above matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad (“Bursa
Securities”) with the following additional information for public release:-

1) The existing use of the Property. If currently let out, the details of the
rentals, the rental income per month or per year.
2) The amount of lettable space of the Property available for letting and the
percentage of occupancy.
3) Whether any valuation was carried out on the Property. If so, the name of
the independent registered valuer, date and method of valuation and
quantification of the market value.
4) The amounts of Earnest Deposit, Balance Deposit and Balance Disposal
Consideration paid/to be paid by Purchaser for purchasing the Property.
5) The date of receipt of the Earnest Deposit by the Vendor.
6) The intended utilisation by MESB of the portion of the sale proceeds to be
repaid by CUSB, and the breakdown, including the time frame for full
utilisation of the proceeds.
7) The particulars of all liabilities to be assumed by the Purchaser arising
from the Proposed Disposal.
8)Whether the Property has any encumbrances.

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

Yours faithfully

TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE / yls
c.c.Head, Market Surveillance Department/ Securities Commission (via fax)

Attachment : Announcement – Reply to Query

Comments are closed.