TRACOMA

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Tracoma Holdings Berhad (“Tracoma” or “the Company”) - Notice Pursuant to Section 218 of the Companies Act, 1965 on Tracoma Sdn Bhd

TRACOMA HOLDINGS BERHAD

Type	Announcement
Subject	Tracoma Holdings Berhad (“Tracoma” or “the Company”) - Notice Pursuant to Section 218 of the Companies Act, 1965 on Tracoma Sdn Bhd
Contents	Reference is made to the Company's announcement dated 27 December 2010 in respect to the above. We wish to clarify that items (b), (c) and (f) of the said announcement should be read as follows: b) The claim under the notice amounted to RM 1,220,235.07 being payment of tax for year of assessment 2004 and late payment penalty including interest calculated until 9 December 2010 and court charges. c) The Plaintiff was granted a judgment by Shah Alam High Court on 4 June 2009 for the amount of RM1,120,670 and interest calculated at 8% per annum from the date of judgment and legal cost of RM225.00. TSB was served the notice pursuant to Section 218(2)(a) of the Companies Act, 1965 dated 24 December 2010 demanding payment of the aforesaid outstanding amount within twenty one (21) days from the date of receipt of this Notice, failing which the Company is deemed to be unable to pay the aforesaid sum and appropriate action will be taken for the winding-up of TSB. f) The Company is seeking the necessary legal advice to resolve this matter. Additionally, in reference to the announcement dated 3 December 2010, the High Court of Malaya, Shah Alam had on 30 November 2010 granted an extension of the Restraining Order (“RO”) obtained on 9 September 2010 pursuant to Section 176 of the Companies Act, 1965, to restrain all further proceedings in any actions or proceedings against Tracoma and its subsidiaries, for a period of six (6) months commencing upon the expiry of the first RO. This announcement is dated 28 December 2010.

Announcement Info

Company Name	TRACOMA HOLDINGS BERHAD
Stock Name	TRACOMA
Date Announced	28 Dec 2010
Category	General Announcement
Reference No	TH-101228-47632

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