General Announcement
Reference No: TP-071002-32432
Company
Name
:
PACIFICMAS BERHAD
Stock
Name
:
PACMAS
Date
Announced
:
02-10-2007
Type
:
Announcement
Subject
:
PACIFICMAS BERHAD ("PacificMas")
-
DEALINGS IN QUOTED SECURITIES
Contents
:
Pursuant to Paragraph 9.21 of the Listing Requirements of Bursa Malaysia Securities Berhad ("Listing Requirements"), we wish to inform Bursa Malaysia Securities Berhad that the aggregate sales consideration of quoted securities by PacificMas Group [excluding transactions by the insurance subsidiary pursuant to Paragraph 9.21(2)(b) of the Listing Requirements] within the preceding 12 months, i.e. from 1 October 2006 to 30 September 2007, has exceeded 5% of PacificMas Group’s audited net assets as at 31 December 2006.
The aggregate sales consideration by PacificMas Group (excluding the insurance subsidiary) within the preceding 12 months were as follows:
Transaction
Value Of Consideration (RM'million)
% Of The Group’s Net Assets
Aggregate Sales
45.17
5.04
As at 2 October 2007, the investments in quoted securities held by PacificMas Group (excluding the insurance subsidiary) are set out below :-
i)
Total cost : RM22.74 million
ii)
Carrying/Book Value : RM22.25 million
iii)
Market Value : RM22.56 million
Total net profit from the sales of quoted securities by PacificMas Group (excluding the insurance subsidiary) for the current financial year, i.e. from 1 January 2007 to 30 September 2007, amounted to RM2.44 million.
