On behalf of the Board of Directors of Brahim’s
Holdings Berhad (“Brahim’s”), Hong
Leong Investment Bank Berhad wishes to announce that at the Extraordinary
General Meeting (“EGM”) of Brahim's held today, Ordinary Resolution 1
on the Proposed Acquisition as set out in the Notice of EGM dated 10 February
2015, was not passed by the shareholders of Brahim’s.
Consequently, Ordinary Resolution 2 in
respect of the Proposed Joint Venture was withdrawn with the consensus of the
shareholders at the EGM.
This announcement is dated 25 February
2015.