The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the announcements aforementioned.
This announcement should be read in conjunction with the earlier announcements made on 12 July 2012, 16 July 2012, 27 August 2012, 5 September 2012, 21 September 2012 and 29 October 2012 to Bursa Malaysia Securities Berhad in relation to the acquisition of the entire equity interest in Comm Zed Sdn. Bhd. at a purchase consideration of RM4.0 million to be satisfied via cash and new ordinary shares of RM0.10 each.
Further to the announcement made on 28 April 2014, the Board of Directors of TFP wishes to announce the following additional information:-
a) The debts amounting to RM4,522,026.18 (Ringgit Malaysia: Four Million Five Hundred and Twenty-Two Thousand and Twenty-Six and Sen Eighteen only) (“the Debts”) owing by Finther Technologica Sdn. Bhd., Ombak Associates Sdn. Bhd. and LMS Technology Distributions Sdn. Bhd. (“Debtors”) to Comm Zed Sdn. Bhd. and Comm Zed Solution Sdn. Bhd., the wholly-owned subsidiaries of TFP (“the Subsidiaries”) were trade credits owing by the Debtors to the Subsidiaries;
b) The 23,148,148 warrants mentioned under Item (a) (2) of Section 2 (Background) refers to warrants of TFP.
c) Item (a) (3) of Section 2 (Background) should read as “any other shares or securities beneficially owned by Rapportrans which are charged….”
This announcement is dated 30 April 2014.