TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS

 

DOMINANT ENTERPRISE BERHAD

 

Type

Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID

TE-141222-42449

Subject

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description

Disposal of Land by wholly-owned subsidiary, Ikta Sdn. Bhd.

Query Letter Contents

We refer to your Company's announcement dated 19 December 2014, in respect of
the aforesaid matter.

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

1. Background information on Peringgit Sri Motor Sdn Bhd ("Purchaser")
including but not limited to the name of directors and major shareholders
together with their respective shareholdings.
2. Tabulation on the expected gains on the Disposal of approximately
RM11,000,000.
3. Particular of all liabilities (if any) to be assumed by the Purchaser
arising from the Disposal.

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

Yours faithfully

HENG TECK HENG
Vice President, Issuers
Listing Division
Regulation
HTH/TEK

c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)

 

Reference is made to the Announcement dated 19 December 2014 on the disposal of land by wholly-owned subsidiary of Dominant Enterprise Berhad (DOMINAN).

DOMINAN wishes to furnish the additional information as per Bursa Malaysia Securities Berhad’s letter dated 22 December 2014 for public release.

Please refer the attached file for details of the Announcement. Download Here.

This Announcement is dated 23 December 2014.