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BURSA ANNOUNCEMENTS

OTHERS - ATTA GLOBAL GROUP BERHAD ("ATTA" or "COMPANY") - UPDATE ON SUSPENSION OF TRADING


Type
Announcement
SubjectOthers
DescriptionATTA GLOBAL GROUP BERHAD ("ATTA" or "COMPANY")
- UPDATE ON SUSPENSION OF TRADING


Reference is made to the Company’s previous announcements made on 21 January 2020, 31 January 2020, 18 February 2020 and 24 March 2020 (“the Announcements”) in relation to the trading suspension of ATTA Securities and investigation on the offence under the Dangerous Drugs Act, 1952.

The Board of Directors of ATTA wishes to inform the further developments of the above matters as follows:

Seizure on the Motor Vehicles of the Company and its Subsidiaries 

Reference is made to the Company’s announcement made on 31 January 2020, 18 February 2020 and 24 March 2020 in relation to the seizure on the motor vehicles of the Company and its subsidiaries which would be released by way of the bond. 

The Company has on 10 April 2020 received the Letter from Police Diraja Malaysia (PDRM) dated 9 April 2020 on their approval to revise the amount of bond from RM150,000 to RM500,000 for the release of the following 10 units of motor vehicles which have been seized pursuant to Section 26(2) of the Dangerous Drugs (Forfeiture of Property) Act, 1988 except one Toyota Vellfire in the name of SMPC Industries Sdn. Bhd.:


Anchor


Name of Company

Description of Motor Vehicle




1.

ATTA Global Group Berhad

BMW X5




2.

SMPC Industries Sdn. Bhd.

Mercedes Benz E350




3.

Progerex Sdn. Bhd.

i)    3 units of Excavator, Model Kobelco



ii)   4 units of Lorry, Model Hino



iii)  Proton Persona


ATTA will make further announcement(s) as and when there are any material developments in relation to the above matter.  

This announcement is dated 13 April 2020.

ANNOUNCEMENT INFO

Reference No GA1-13042020-00041
Company Name: ATTA GLOBAL GROUP BERHAD
Stock Name: ATTA
Date Announces: 13 Apr 2020
Category: General Announcement for PLC
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