PERCENTAGE RATIOS. The highest percentage ratio applicable to the Transaction pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 5.78% based on the latest audited financial statements for the financial year ended 30 June 2015.
PERCENTAGE RATIOS. Based on the Provisional Total Project Sum, the highest percentage ratio for the Proposed Construction pursuant to Paragraph 10.02(g) of the Listing Requirements exceeds 100% based on the latest audited financial statements of MRCB for the financial year ended 31 December 2017.
PERCENTAGE RATIOS. The percentage ratio applicable for the Proposed Acquisition calculated based on the audited financial statements of MBMR on consolidated basis for the financial year ended 31 December 2016 are as follows:- Transactions Purchase Consideration (RM) Percentage ratio Transaction 1 1,508,220.00 0.0939 Transaction 1 238,140.00 0.0148 Total 0.1087
PERCENTAGE RATIOS. The highest percentage ratio applicable to the Proposed Development and the Proposed Subscription pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Securities is expected to be less than 9%. However, the final percentage ratio can only be determined upon the execution of the Definitive Agreements.
PERCENTAGE RATIOS. The highest percentage ratio applicable to the Transaction pursuant to Paragraph 10.02(g) of the MMLR of Bursa Securities is 2.16% based on the Audited Financial Statements of the Company for the financial year ended 30 June 2017. Hence, this announcement is made by the Company on a voluntary basis.
PERCENTAGE RATIOS. The highest percentage ratio applicable for the Proposed JV, pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 8.5%. 11 INTEREST OF DIRECTORS’ AND/OR MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH THEM None of the Directors and/or major shareholders of MPC and/or persons connected with them have any interests, direct or indirect, in the Proposed JV.
PERCENTAGE RATIOS. The highest percentage ratio applicable to the Proposed Development (calculated based on the Development Rights Value of RM160,000,000.00 payable to or for the benefit of KHSB) pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 17.12%.
PERCENTAGE RATIOS. Based on the provisional PDP Fees and the Reimbursables, the highest percentage ratio for the Proposed PDP Contract pursuant to Paragraph 10.02(g) of the Listing Requirements is 7.77% based on the latest audited financial statements of MRCB for the financial year ended 31 December 2015.
PERCENTAGE RATIOS. The percentage ratios pursuant to Paragraph 10.02(g) of the Listing Requirements applicable to the Proposed Award of Contract produce anomalous results. Notwithstanding the above, the Board believes that in view of the related parties’ interests in the Proposed Award of Contract and the Agreement being a long term contract, the Company has set as a Condition Precedent to the Agreement, the seeking of approval of its non-interested shareholders for the Proposed Award of Contract.
PERCENTAGE RATIOS. The highest percentage ratio applicable to the Proposed Acquisition is 6.02% pursuant to paragraph 10.02(g) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.
