News
Joint Venture In Dubai (Jebel Ali Free Trade Zone)
BackDec 01, 2014
| Type | Reply to query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | YL-141128-36427 |
| Subject | Joint Venture in Dubai (Jebel Ali Free Trade Zone) |
| Description | Freight Management Holdings Bhd - Joint Venture in Dubai (Jebel Ali Free Trade Zone) |
| Query Letter Contents | We refer to your announcement dated 26 November 2014 in respect of the abovementioned matter. In this regard, kindly furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with the following additional information for public release:- 1. The authorised share capital and paid-up share capital of FZCO in Malaysian Ringgit equivalent, based on the currency exchange rate used and date of exchange rate. 2. The eventual issued and paid-up capital of FZCO. 3. The highest percentage ratio applicable to the joint-venture pursuant to paragraph 10.02(g) of the Main Market Listing Requirements. 4. Whether the joint-venture is subject to the approval of the government authorities China and United Arab Emirates and if so, the estimated time frame for submission of the application to the relevant authorities. 5. The role of FM Global Logistics Ventures Sdn. Bhd. in the joint-venture. 6. The risks in relation to the joint venture in the FZCO. Kindly furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully TAN YEW ENG Vice President, Issuers Listing Division Regulation TYE/YLS c.c:- Head, Market Surveillance Department, Market Supervision Division, Securities Commission (via fax) |
|
Please refer to the attachment for announcement details. |
|
Announcement Info
| Company Name | FREIGHT MANAGEMENT HOLDINGS BERHAD |
| Stock Name | FREIGHT |
| Date Announced | 1 Dec 2014 |
| Category | General Announcement |
| Reference No | CK-141201-39910 |
Attachments
- Reply_to_Query.pdf (Size: 120,405 bytes)