PROPOSED DISPOSAL OF 600,000 ORDINARY SHARES OF RM1.00 EACH IN PDC TELECOMMUNICATION SERVICES SDN. BHD., ASSOCIATES COMPANY OF MESB
| MESB BERHAD |
| Type | Reply to Query |
| Reply to Bursa Malaysia’s Query Letter – Reference ID | IQL-20072015-00001 |
| Subject | PROPOSED DISPOSAL OF 600,000 ORDINARY SHARES OF RM1.00 EACH IN PDC TELECOMMUNICATION SERVICES SDN. BHD., ASSOCIATES COMPANY OF MESB |
| Description | MESB BERHAD (“THE COMPANY OR MESB”)
– PROPOSED DISPOSAL OF 600,000 ORDINARY SHARES OF RM1.00 EACH IN PDC TELECOMMUNICATION SERVICES SDN. BHD. (“PDC”), ASSOCIATES COMPANY OF MESB |
| Query Letter Contents | We refer to your Company’s announcement dated 15 July 2015, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1) The net profits of PDC for financial year ended 31 December 2014. 2) The time frame for full utilisation of the proceeds for future investments in the Group’s retailing business. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully, |