MITRAJAYA HOLDINGS BERHAD - Announcements
MITRAJAYA HOLDINGS BERHAD - Announcements
MITRAJAYA HOLDINGS BERHAD - Announcements
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DEFINITIONS<br />
Except where the context otherwise requires, the following definitions shall apply throughout this<br />
Circular:<br />
EGM : Extraordinary General Meeting<br />
EPS : Earnings per share<br />
GPIL : Golden Paradise International Limited<br />
HMP : Horwath Mok & Poon<br />
KLSE : Kuala Lumpur Stock Exchange<br />
MHB : Mitrajaya Holdings Berhad<br />
MHB Group : Mitrajaya Holdings Berhad and its subsidiary companies<br />
MSA : Mitrajaya SA (Pty) Ltd<br />
NTA : Net tangible assets<br />
Proposed GPIL Acquisition : Proposed purchase by GPIL of balance of 40% equity<br />
interest in Samitra comprising of 400 shares of Rand1.00<br />
each from Samrand for a cash consideration of<br />
Rand30,000,000 or its equivalent of RM15,372,000<br />
Proposed MSA Acquisition : Proposed purchase by MSA of two pieces of vacant<br />
freehold farmland property measuring 62.49 hectares<br />
located in the State City of Centurion, South Africa from<br />
Samrand for a cash consideration of Rand11,400,000 or its<br />
equivalent of RM5,841,360<br />
Proposed Acquisitions : Proposed GPIL Acquisition and Proposed MSA<br />
Acquisition<br />
RM and sen : Ringgit Malaysia and sen respectively<br />
Rand : South African Rand<br />
Samitra : Samrand Mitrajaya Development (Pty) Ltd<br />
Samrand : Samrand Development (Pty) Limited<br />
Conversion rate assumed in this Circular:-<br />
Rand 100: RM51.24 (The rate is taken from the Maybank Forex on 3 rd January 2001 which was the<br />
date that the Memorandum of Agreement was signed and later announced to the KLSE on 8 January<br />
2001)