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2017

Date Descriptions

22-02-2017

INTEGRATED LOGISTICS BERHAD (“ILB”)

PROPOSED DIVERSIFICATION OF THE EXISTING CORE BUSINESS OF ILB AND ITS SUBSIDIARIES TO INCLUDE SOLAR ENERGY AND SOLAR ENERGY RELATED BUSINESSES (“PROPOSED DIVERSIFICATION”)

On behalf of the Board of Directors of ILB (“Board”), Kenanga Investment Bank Berhad (“Kenanga IB”) announced that the Company proposes to diversify the existing core businesses of ILB and its subsidiaries (“Group”) to include solar energy and solar energy related businesses (“Proposed Diversification”).

10-03-2017

INTEGRATED LOGISTICS BERHAD (“ILB” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE COMPANY’S EXISTING TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) (“PROPOSED PLACEMENT”)

On behalf of the Board of Directors of ILB, Kenanga Investment Bank Berhad announced that ILB proposes to implement the Proposed Placement.

The Proposed Placement will be implemented in accordance with the general mandate under Section 132D of the Companies Act, 1965 (“Act”), which the Company obtained from its shareholders at its 24th annual general meeting (“AGM”) on 30 March 2016 (“General Mandate”). Under the General Mandate, the Board is empowered to issue up to 10% of the Company’s total number of issued shares (excluding treasury shares).

As at 9 March 2017, which is the latest practicable date before the date of this announcement, the Company’s issued share capital is RM172,737,228 comprising 172,737,228 ordinary shares (“Shares”) (excluding 5,288,275 treasury shares). Thus, the Company may issue a maximum of 17,273,722 Shares under the Proposed Placement, i.e. up to 10% of its total number of issued shares (excluding treasury shares).

Pursuant to the Proposed Placement, the Company intends to issue 17,000,000 Shares (“Placement Shares”) to Etern Group (HK) Co., Limited (“Etern” or “Investor”). Etern was incorporated in Hong Kong on 31 March 2011 under the Hong Kong Companies Ordinance as a private company limited by shares, and is principally involved in investment holding. Its issued share capital is United States Dollar (“USD”) 1 comprising 1 ordinary share, which is held by Yong Ding Holdings Company Limited.

13-03-2017

INTEGRATED LOGISTICS BERHAD (“ILB” or “Company”)

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE COMPANY'S EXISTING TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) ("PROPOSED PLACEMENT")

Pursuant to the announcement made on 10 March 2017 in relation to the Proposed Placement, Kenanga IB announced on behalf of ILB Board that the listing application in relation to the Proposed Placement has been submitted to Bursa Securities on 13 March 2017.

16-03-2017

INTEGRATED LOGISTICS NERHAD ("ILB" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE COMPANY'S EXISTING TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) ("PROPOSED PLACEMENT")

Pursuant to the announcements made on 10 March 2017 and 13 March 2017 in relation to the Proposed Placement (“Announcements”), Kenanga IB announced on behalf of the Board of ILB, that Bursa Securities has, through its letter dated 16 March 2017, approved the listing of and quotation for the Placement Shares on the Main Market of Bursa Securities.

23-03-2017

INTEGRATED LOGISTICS BERHAD (“ILB” OR “THE COMPANY”)

LETTER OF AWARD FROM THE ENERGY COMMISSION OF MALAYSIA (SURUHANJAYA TENAGA) TO IL SOLAR SDN BHD, AN INDIRECT SUBSIDIARY OF THE COMPANY, FOR THE DEVELOPMENT OF A LARGE SCALE SOLAR PV PLANT (“LSSPV PLANT”) OF 10.0 MWa.c. AT BANDAR BUKIT KAYU HITAM, KEDAH

Further to the Company’s announcement on 21 December 2016 in relation to IL Solar Sdn Bhd (1148210-M) (“IL Solar”) having submitted a Request for Proposal (“RFP”) to the Energy Commission of Malaysia (Suruhanjaya Tenaga) on 23 September 2016 to bid for the development of a Large Scale Solar PV Plant (“LSSPV”) of 10.0 MWa.c. at Bandar Bukit Kayu Hitam (“Bid”), IL Solar had on the 15th December 2016 received a conditional Letter of Acceptance of the Offer, the company announced that it has received a Letter of Award dated 21st March 2017 for the development of the proposed LSSPV Plant.

28-03-2017

INTEGRATED LOGISTICS BERHAD ("ILB" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE COMPANY'S EXISTING TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) ("PROPOSED PLACEMENT")

Further to the announcements made on 10 March 2017, 13 March 2017 and 16 March 2017 in relation to the Proposed Placement (“Announcements”). For consistency, the defined terms set out in the Announcements shall apply herein, unless otherwise defined.

On behalf of the Board, Kenanga Investment Bank announced that the Board had, on 28 March 2017 (“Price Fixing Date”), fixed the Issue Price at RM0.797 per Placement Share which represents a discount of 9.89% to the 5-day VWAP of Shares up to and including 27 March 2017, being the last full trading day immediately prior to the Price Fixing Date, of RM0.8845.