Unless
otherwise stated, abbreviations and definitions used throughout this announcement
shall be the same as those previously announced. We
refer to the announcements made by the Company on 17 May 2012, 1 June 2012, 2
July 2012, 1 August 2012 and 3 September 2012. On
behalf of the Board of Directors of ASIAEP, KAF Investment Bank Berhad ("KAF IB")
wishes to announce that the Company is still in the midst of evaluating various
options in its endeavour to formulate a Regularisation Plan to meet its obligations
pursuant to GN3 of the ACE LR of Bursa Securities and that there are no major
developments subsequent to the announcement on 3 September 2012. The
Company has until 16 May 2013 for submission of the Regularisation Plan to the
relevant authorities for approval, which is approximately seven (7) months from
the date of this announcement. This
announcement is dated 1 October 2012. |