Tamadam • Food • Logistics • Consulting

Untitled Document

27 June 2011

ANNOUNCEMENT

Subject:

GENERAL MEETINGS
OUTCOME OF MEETINGS

Description:

BRAHIM'S HOLDINGS BERHAD (FORMERLY KNOWN AS TAMADAM BONDED WAREHOUSE BERHAD) ("BHB") RESULT OF THE EXTRAORDINARY GENERAL MEETING ("EGM") IN RELATION TO THE PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN DEWINA HOST SDN BHD ("DHOST") FOR CASH CONSIDERATION OF RM20.0 MILLION ("PROPOSED ACQUISITION")

Contents:

On behalf of the Board of Directors of BHB ("Board"), HwangDBS Investment Bank Berhad ("HwangDBS") is pleased to announce that the resolution as set out in the Notice of EGM dated 10 June 2011 in relation to the Proposed Acquisition was duly passed by the shareholders of BHB at the EGM held on 27 June 2011.

In this regard, on behalf of the Board, HwangDBS wishes to announce that the conditional share sale agreement dated 16 May 2011 entered into between BHB and Dewina Holdings Sdn Bhd pertaining to the Proposed Acquisition has become unconditional on 27 June 2011.

This announcement is dated 27 June 2011.