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General Announcement
08/09/2010
GENERAL ANNOUNCEMENT RGB INTERNATIONAL BHD. (RGB) - ARTICLE ON THE EDGE FINANCIAL DAILY
RGB INTERNATIONAL BHD
Type
Announcement
Subject
GENERAL ANNOUNCEMENT
RGB INTERNATIONAL BHD. (RGB)
- ARTICLE ON THE EDGE FINANCIAL DAILY
Contents
Reference is made to the article by The Edge dated 8 September 2010 in relation to the proposed disposal of 40% equity interest in Chateau de Bavet Club Co Ltd (Proposed Disposal of Chateau) and our announcement on 25 June 2010 confirming that negotiations are in progress for the Proposed Disposal of Chateau.
RGB wishes to reiterate that we are still in the midst of negotiations for the Proposed Disposal of Chateau. In the meantime, we have also sought the consent of our note-holders of our RM200 million Commercial Papers/Medium Terms Notes Programme (2007/2014) for the Proposed Disposal of Chateau together with other variations to the terms of the Trust Deed dated 18 June 2007. The necessary disclosures have been made by our Facility Agent, i.e. Maybank Invesment Bank Berhad to Bank Negara Malaysia and Securities Commission on 3 September 2010 and 6 September 2010 respectively.
As such, upon finalization of the Proposed Disposal of Chateau, RGB undertakes to release a detailed announcement pursuant to Chapter 10 of the Main Market Listing Requirements in due course.
Announcement Info
Company Name
RGB INTERNATIONAL BHD
Stock Name
RGB
Date Announced
8 Sept 2010
Category
General Announcement
Reference No
CC-100908-66288
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