MITRAJAYA HOLDINGS BERHAD - Announcements

INFORMATION ON SAMITRA
1. History and Business
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APPENDIX II
Samitra was incorporated in South Africa as a private limited company on 11 September 1998.
The principal activity of Samitra is that of property development.
The current development project of Samitra is the Samrand Golf and Country Estate located on
several pieces of prime freehold land with a combined area of approximately 238 hectares
located in the State City of Centurion, South Africa and just 20 minutes drive from the city of
Johannesburg. The Samrand Golf and Country Estate is strategically located within a thriving
commercial belt between Johannesburg and Pretoria.
This prestigious mixed development consist of a residential golf estate with an 18-hole Gary
Player–designed international competition standard golf course, 700 units of mixed residential
and bungalow lots, hotel, school, office blocks, clubhouse and associated facilities. The first 9hole
of the golf course has been playable since June 1999, whereas construction of the second 9hole
is completed and expected to be playable by April 2001. The Samrand Golf and Country
Estate was launched in mid-1999 and to-date has raked in sales value of Rand40.0 million.
Construction of the golf course and infrastructure works is fully managed and undertaken by
MSA. The remaining infrastructure works are expected to be complete by end of 2001.
2. Share Capital
The present authorised share capital of Samitra is Rand1,010 comprising 1,000 ordinary shares of
Rand1.00 each and 1,000 redeemable preference shares of Rand0.01 each. As at 19 March 2001,
the issued and paid-up share capital of Samitra is Rand1,000 comprising 1,000 shares of
Rand1.00 each and 100 redeemable preference shares of Rand0.01 each.
Date of
Allotment
No. of shares
allotted
Consideration
Cumulative Issued
and Paid-Up Share
Capital
11.09.98 1,000 Cash 1,000.00
18.07.00 100
(Preference Share)
3. Substantial Shareholders
Cash 1,001.00
The substantial shareholders (holding 2% or more of the issued and paid-up capital of Samitra) as
at 19 March 2001 are as follows:-
No. of Shares
Held Direct
%
No. of Shares held
Indirect
GPIL 600 60.00 – –
Samrand 400 40.00 – –
%