Type Announcement
 
Subject SALE OF 72,245,988 ORDINARY SHAES IN IDAMAN UNGGUL BERHAD ("IDAMAN" OR "THE COMPANY") TO BSI CAPITAL PROJECTS PTY. LIMITED
 
Contents

Pursuant to Chapter 14 of Bursa Securities Mail Market Listing Requirements ("LR'),this is to notify that we have received a notification from the Executive Chairman/substantial shareholder of i.e. Dato' Che mohd Annuar bin Che Mohd Senawi ("Dato annuar") that he has on today, accepted an offer made by BSI Capital Projects PTY. Limited on behalf of BSI Invesment Trust No.3 to acquire the whole of 72,245,988 ordinary shares in Idaman registered in his name subject to the terms and conditions to be mutually agreed by the parties.

Dato' Annuar was informed by BSI Capital Projects PTY. Limited that it has formulated a comprehensive scheme for Idaman to address the PN17 classification and the resolution of the redeemable secured load stocks issused by Lambang Pertama Sdn. Bhd.

 
  This announcement is dated 17 Novenber 2009.