BERNAS

(%)

Article Entitled “Why Syed Mokhtar made the same offer”

PADIBERAS NASIONAL BERHAD

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDGG-140210-45438
SubjectArticle Entitled “Why Syed Mokhtar made the same offer”
DescriptionWe refer to the letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 10 February 2014 in relation to the abovementioned article which was published on page 22 of The Edge Malaysia dated 10 February 2014.

In response to your query, after due enquiry with our Directors and major shareholders, the Board of Directors of Padiberas Nasional Berhad (“Company”), wishes to inform that as at today, the Company is not aware of any written arrangement on the following:

(i) any corporate restructuring that includes an impending relisting plan; and
(ii) where the National Farmers Association (“Nafas”) and the National Fishermen’s Association (“Nekmat”) will eventually hold a 5% stake each in the newly listed entity.

This announcement is dated 11 February 2014.
Query Letter Contents We refer to the Article entitled "Why Syed Mokhtar made the same offer"
appearing in THEEDGE MALAYSIA, Page 22 on Monday, 10 February 2014.

In particular, we would like to draw your attention to the underlined sentences
which are reproduced as follow:-

"Bernas had a written pledge that said the company would undergo a corporate
restructuring, including a relisting plan in the future.

Furthermore, two substantial shareholders - the National Farmers Association
(Nafas) and the National Fishermen's Association (Nekmat) - will eventually
hold a 5% stake each in the newly listed entity."

In accordance with Bursa Securities' Corporate Disclosure Policy, kindly
furnish Bursa Securities with an announcement for public release confirming or
denying the above reported article in particular the underlined sentence after
due and diligent enquiry with all the directors, major shareholders and all
such other persons reasonably familiar with the matters about which the
disclosure is to be made in this respect. In the event you deny the above
reported sentence or any other part of the article, you are required to set
forth facts sufficient to clarify any misleading aspects of the same. In the
event you confirm the above reported sentence or any other part of the article,
you are required to set forth facts sufficient to support the same.

Please furnish Bursa Securities with your reply today.

Yours faithfully




HENG TECK HENG
Vice President, Issuers
Listing Division
Regulation
TGG
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)


Announcement Info

Company NamePADIBERAS NASIONAL BERHAD  
Stock Name BERNAS    
Date Announced11 Feb 2014  
CategoryGeneral Announcement
Reference NoPN-140211-B8B7C