BURSA ANNOUNCEMENTS
OTHERS - ATTA GLOBAL GROUP BERHAD ("ATTA" or "COMPANY") - UPDATE ON SUSPENSION OF TRADING
| Type | Announcement |
| Subject | Others |
| Description | ATTA GLOBAL GROUP BERHAD ("ATTA" or "COMPANY") - UPDATE ON SUSPENSION OF TRADING |
Reference is made to the Company's announcement made on 21 January 2020 (the Announcement) in relation to the trading suspension of ATTA Securities.
The Board of Directors of ATTA wishes to inform the further developments of the above matters as follows:
- the securities maintained in the CDS accounts of the Company have been suspended;
- the securities maintained in the CDS account of the Company's subsidiary, SMPC Industries Sdn. Bhd. has been suspended;
- the securities maintained in the CDS account of the Executive Director, Mr. Ng Chin Nam has been suspended;
- additional one banking account of the Company’s subsidiary, Metal Perforators (M) Sdn. Bhd. has been frozen;
- the following properties of the Company and its subsidiary have been seized:
Name of Company | Description of Property | |
1. | ATTA Global Group Berhad | i)Â Â Â Â Lot 5037, Mukim 1, Daerah Seberang Perai Tengah, Pulau Pinang, No. Lot 5037, No. Geran PN 3394. |
ii)Â Â Â Lot 5038, Mukim 1, Daerah Seberang Perai Tengah, Pulau Pinang, No. Lot 5039, No. Geran PN 3887. | ||
iii)Â PT 1444, Mukim 1, Daerah Seberang Perai Tengah, Pulau Pinang, No. Lot 766, No. Geran HSD 41686. | ||
2. | Progerex Sdn. Bhd. | i) Lot 4707, Mukim 3, Seberang Perai Utara, Pulau Pinang, No. Lot 4707, No. Geran GM 2857. |
ii) Lot 4661, Mukim 7, Seberang Perai Utara, Pulau Pinang, No. Lot 4661, No. Geran GM 2510. | ||
iii) PMT 3-14, Blok C, Lorong Perusahaan Baru 2E, Taman Perai Indah, 13600 Perai, Pulau Pinang, No. Lot 3793, No. Geran GM 1189/M1/4/71, Mukim 6. | ||
iv) PMT 3-15, Blok C, Lorong Perusahaan Baru 2E, Taman Perai Indah, 13600 Perai, Pulau Pinang, No. Lot 3793, No. Geran GM 1189/M1/4/72, Mukim 6. | ||
v) PMT 3-16, Blok C, Lorong Perusahaan Baru 2E, Taman Perai Indah, 13600 Perai, Pulau Pinang, No. Lot 3793, No. Geran GM 1189/M1/4/73, Mukim 6. |
vi) PMT 4-11, Blok C, Lorong Perusahaan Baru 2E, Taman Perai Indah, 13600 Perai, Pulau Pinang, No. Lot 3793, No. Geran GM 1189/M1/5/88, Mukim 6. | ||
vii) PMT 4-12, Blok C, Lorong Perusahaan Baru 2E, Taman Perai Indah, 13600 Perai, Pulau Pinang, No. Lot 3793, No. Geran GM 1189/M1/5/89, Mukim 6. | ||
viii) PMT 4-12A, Blok C, Lorong Perusahaan Baru 2E, Taman Perai Indah, 13600 Perai, Pulau Pinang, No. Lot 3793, No. Geran GM 1189/M1/5/90, Mukim 6. | ||
ix) No. Lot 10707, No. Geran 8716, Daerah Seberang Perai Tengah, Mukim 14. | ||
x) No. Lot 10708, No. Geran 8717, Daerah Seberang Perai Tengah, Mukim 14. | ||
xi) No. Lot 10709, No. Geran 8718, Daerah Seberang Perai Tengah, Mukim 14. | ||
xii) No. Lot 10710, No. Geran 8719, Daerah Seberang Perai Tengah, Mukim 14. | ||
xiii) Lot 1242, Seksyen 3, Bandar Georgetown, Daerah Timor Laut, Pulau Pinang, No. Geran 62181/M1A/20/82. | ||
xiv) Lot 1435, Bandar Bukit Mertajam, Seksyen 5, Daerah Seberang Perai Tengah, Pulau Pinang, No. Geran 148898. |
6. The following motor vehicles of the Company's subsidiaries have been seized as announced earlier, subsequently been released from the seizures by way of bond:
Name of Company | Description of Motor Vehicle | Registration No. | |
1. | ATTA Global Group Berhad | BMW X5 | RT 7099 |
2. | SMPC Industries Sdn. Bhd. | Toyota Vellfire | BAP 33 |
Mercedes Benz E350 | PPB 2181 | ||
3. | Progerex Sdn. Bhd. | i) Excavator, Model Kobelco | BMM 2773 |
ii) Excavator, Model Kobelco | BPT 4018 | ||
iii) Excavator, Model Kobelco | BQA 3346 | ||
iv) Lorry, Model Hino | PLL 3622 | ||
v) Lorry, Model Hino | PMY 7622 | ||
vi) Lorry, Model Hino | PNA 3633 | ||
vii) Lorry, Model Hino | PNA 2633 | ||
viii) Proton Persona | PLE 4595 |
7. The Executive Chairman, Mr. Ooi Chieng Sim was charged at the Magistrate's Court under Section 39(b)(1) of the Dangerous Drugs Act 1952. No pleas was recorded as the case would be transferred to the High Court for mention on 18 February 2020.
At this juncture, the Board of Directors of ATTA would take the following actions:
i)Appointment of a solicitor to file a Notice of Claim for the release of the seized assets covering banking accounts, CDS accounts and properties to protect the interest of the Company & the Group and the shareholders;
ii)Suspension of Mr Ooi Chieng Sim as the Executive Chairman of the Company and his executive roles in the subsidiaries in the best interest of the Group to enable him to focus on his defence.
ATTA will make further announcement(s) as and when there are any material developments in relation to the above matter.
This announcement is dated 31 January 2020.
ANNOUNCEMENT INFO
| Reference No | GA1-22012020-00024 |
| Company Name: | ATTA GLOBAL GROUP BERHAD |
| Stock Name: | ATTA |
| Date Announces: | 31 Jan 2020 |
| Category: | General Announcement for PLC |