[ 19-08-2011 ]
EVERGREEN FIBREBOARD BERHAD (hereinafter referred to as “EFB” or “the Company”) ~ MEMORANDUM OF UNDERSTANDING BETWEEN EVERGREEN PLANTATION RESOURCES SDN. BHD. (“EPR” or “the Second Party”); AND TEH HO ANN, MUHD FAISAL BIN MOHD ARIFF, AMIN BIN MAIDU AND SEMAN BIN BUANG (“First Parties”)
General Announcement
Reference No CCH-110819-87A36

Company Name
:
EVERGREEN FIBREBOARD BERHAD  
Stock Name
:
EVERGRN  
Date Announced
:
19/08/2011  



Type
:
Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID
:
NE-110815-43417
Subject
:
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
:
EVERGREEN FIBREBOARD BERHAD (hereinafter referred to as “EFB” or “the Company”)
~ MEMORANDUM OF UNDERSTANDING BETWEEN EVERGREEN PLANTATION RESOURCES SDN. BHD. (“EPR” or “the Second Party”); AND TEH HO ANN, MUHD FAISAL BIN MOHD ARIFF, AMIN BIN MAIDU AND SEMAN BIN BUANG (“First Parties”)
Query Letter
content
:
We refer to the Company's announcement dated 12 August 2011, 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:-

Name of directors of JW;
Net profit and net assets of JW based on its latest audited financial
statements;
Particulars of liabilities, including contingent liabilities and guarantees to
be assumed by your Company arising from the MOU;
Name of the expert who conducted the pre-due diligence review and brief
conclusion of the due-diligence report;
Further justification for the purchase consideration of RM37,837,800 over the
rights given by Jabatan Perhutanan Negeri Johor for the 4410 acres land to JW;
The maturity of the timber trees;
The extraction rates and returns that is expected to be derived from the timber
activity; and
Any other relevant authorities approval required for the MOU.













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


Yours faithfully



HENG TECK HENG
Head, Issuers
Listing Division
Regulation

HTH/NAE

copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments
:
epr-query-additional information.doc