Date Descriptions

17-03-2022

The Board of Directors of Integrated Logistics Berhad ("ILB" or "the Company") announced that the Company is proposing to change its name from " INTEGRATED LOGISTICS BERHAD" to "ILB GROUP BERHAD" ("Proposed Change of Name"). The proposed name of "ILB GROUP BERHAD" was approved and reserved by the Companies Commission of Malaysia ("CCM") on 14 March 2022.

The Proposed Change of Name is subject to the approval of the shareholders of the Company at the forthcoming 30th AGM to be convened at a date to be announced later and a Circular to shareholders with details of the Proposed Change of Name will be issued to the shareholders in due course. The Proposed Change of Name, if approved by the shareholders, will take effect from the date of issuance of the Notice of Registration of New Name by the CCM to the Company. This announcement is dated 17 March 2022.

18 May 2022

We refer to the announcement dated 17 March 2022 in relation to the Proposed Change of Name.

The Board of Directors of the Company wishes to announce that the Company has today received the Notice of Registration of New Name dated 17 May 2022 issued by the Companies Commission of Malaysia.

Accordingly, the name of the Company has been changed from INTEGRATED LOGISTICS BERHAD to ILB GROUP BERHAD with effect from 17 May 2022.

30-06-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY ILB OF 9 PARCELS OF FREEHOLD COMMERCIAL LAND WITH SHOPLOTS ERECTED THEREON IN SEKSYEN 19, 47300 PETALING JAYA, SELANGOR MEASURING AN APPROXIMATE AREA OF 1,124 SQUARE METRES IN AGGREGATE (“PROPERTIES”) FOR A TOTAL CONSIDERATION OF RM15.9 MILLION (“PROPOSED ACQUISITION”)

On behalf of the Board of Directors of ILB, Kenanga Investment Bank Berhad announced that ILB had on 30 June 2022 entered into a conditional sale and purchase agreement (“SPA”) with Impian Nuri Sdn Bhd (“Impian Nuri” or the “Vendor”) to acquire the Properties for a purchase consideration of approximately RM15.9 million (“Purchase Consideration”), to be satisfied entirely via the issuance of 37,780,000 new ordinary shares in ILB (“ILB Shares”) at an issue price of RM0.4211 (“Issue Price”) per ILB Share (“Consideration Shares”) to Impian Nuri, subject to the terms of the SPA.

30-06-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

Members’ Voluntary Winding up of Indirect Subsidiaries

(Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcement dated 9 September 2021 in relation to the Members’ Voluntary Winding up of Indirect Subsidiaries).

Further to the Company’s announcement dated 9 September 2021, the Company announced that the application for Members’ Voluntary Winding up of ISH Group (BVI) Limited (“ISH BVI”), an indirect subsidiary of the Company, has been completed.

07-07-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY ILB OF 9 PARCELS OF FREEHOLD COMMERCIAL LAND WITH SHOPLOTS ERECTED THEREON IN SEKSYEN 19, 47300 PETALING JAYA, SELANGOR MEASURING AN APPROXIMATE AREA OF 1,124 SQUARE METRES IN AGGREGATE (“PROPERTIES”) FOR A TOTAL CONSIDERATION OF RM15.9 MILLION (“PROPOSED ACQUISITION”)

We refer to the announcement dated 30 June 2022 in relation to the Proposed Acquisition (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of ILB, Kenanga Investment Bank Berhad announced that the additional listing application in relation to the 37,780,000 new ILB Shares to be issued pursuant to the Proposed Acquisition has been submitted to Bursa Malaysia Securities Berhad today.

15-07-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY ILB OF 9 PARCELS OF FREEHOLD COMMERCIAL LAND WITH SHOPLOTS ERECTED THEREON IN SEKSYEN 19, 47300 PETALING JAYA, SELANGOR MEASURING AN APPROXIMATE AREA OF 1,124 SQUARE METRES IN AGGREGATE (“PROPERTIES”) FOR A TOTAL CONSIDERATION OF RM15.9 MILLION (“PROPOSED ACQUISITION”)

We refer to the announcement dated 30 June 2022 in relation to the Proposed Acquisition (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of ILB, Kenanga Investment Bank Berhad announced that additional information in relation to the Proposed Acquisition has been submitted to Bursa Malaysia Securities Berhad on 15 July 2022.

29-07-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY ILB OF 9 PARCELS OF FREEHOLD COMMERCIAL LAND WITH SHOPLOTS ERECTED THEREON IN SEKSYEN 19, 47300 PETALING JAYA, SELANGOR MEASURING AN APPROXIMATE AREA OF 1,124 SQUARE METRES IN AGGREGATE (“PROPERTIES”) FOR A TOTAL CONSIDERATION OF RM15.9 MILLION (“PROPOSED ACQUISITION”)

We refer to the announcements dated 30 June 2022, 7 July 2022 and 15 July 2022 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board of Directors of ILB, Kenanga Investment Bank Berhad announced that ILB and Impian Nuri had on 29 July 2022 agreed to extend the conditional period expiring on 29 July 2022 to 5 August 2022 (“Extended Conditional Period”), to enable for the fulfillment of the condition precedent of the SPA.

Save and except for the Extended Conditional Period, all other terms and conditions of the SPA remain unchanged.

03-08-2022

ILB GROUP BERHAD (“ILB”or the “COMPANY”) – REQUISITION PURSUANT TO SECTION 311 OF THE COMPANIES ACT 2016 (“CA 2016”)

The Board of Directors of ILB wishes to announce that the Company had on 2 August 2022, received a written requisition from the shareholders of the Company holding, in aggregate, more than 10% of the issued share capital of the Company ("Requisitioning Members") to convene an Extraordinary General Meeting pursuant to Section 311 of the Companies Act 2016 (“Notice”) in relation to the Requisitioning Members’ intention to revoke the General Mandate pursuant to Sections 75 and 76 of CA 2016 approved by the shareholders under Ordinary Resolution 8 at the Thirtieth Annual General Meeting of ILB held on 26 April 2022.

Further development on the above matter will be announced to Bursa Malaysia Securities Berhad in due course.

03-08-2022

ILB GROUP BERHAD (“ILB”or the “COMPANY”) – IN THE HIGH COURT OF MALAYA AT SHAH ALAM SUIT NO. BA-22NCVC-1257-08/2012; BT INVESTMENT CAPITAL LIMITED (PLAINTIFF) AGAINST (1) TEE TUAN SEM, (2) DATUK KAROWNAKARAN @ KARUNAKARAN RAMASAMY, (3) MAKOTO TAKAHASHI, (4) WAN AZFAR BIN DATO’ WAN ANNUAR, (5) DATO’ WAN HASHIM BIN WAN JUSOH, (6) SOH ENG HOOI, (7) JAMILAH BINTI KAMAL, (8) IMPAIN NURI SDN BHD, (9) ILB

The Board of Directors of ILB (“Board”) wishes to announce that the Company had on 3 August 2022, received an originating summons dated 2 August 2022 from the Plaintiff.  The originating summons is in relation to the Proposed Acquisition in reference to the Company’s announcements dated 30 June 2022, 7 July 2022, 15 July 2022 and 29 July 2022.

The Board has no knowledge on the reason and/or circumstances leading to the above originating summons.

The Company is seeking legal advice and will announce further developments to the above matter accordingly.

03-08-2022

QUERY FROM BURSA

ARTICLE ENTITLED : “ILB GROUP’S MINORITY SHAREHOLDER SUES TO BLOCK RM16M ACQUISITION SAID TO BE STOCK DILUTIVE

We refer to the above article appearing in the edgemarkets.com website on Wednesday, 3 August 2022, a copy is enclosed for your reference.

In accordance with Bursa Securities' Corporate Disclosure Policy, kindly furnish Bursa Securities with an announcement for public release confirming or denying the above reported article after due and diligent enquiry with all the directors, major shareholders and all such other person reasonably familiar with the matters about which the disclosure is to made in this respect. In the event you deny any part of the article, you are required to set forth facts sufficient to support the same. 

Please furnish Bursa Securities with your reply via Bursa Link immediately.

 

Yours faithfully,
Listing / Regulation
c.c. : Market Surveillance Dept., Securities Commission (via fax)

 


 

Reference is made to the query letter from Bursa Securities Malaysia Berhad dated 3 August 2022 bearing reference number IQL-03082022-00001 ("Query").

Please refer to the announcement dated 3 August 2022 bearing reference number GA1-03082022-00059 announced by ILB Group Behad.

ILB wishes to clarify that the Company, will always consider corporate proposals involving the businesses of the ILB Group in the best interest of ILB and all shareholders.

The Company is seeking legal advice and will announce further developments to the above matter accordingly.

03-08-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY ILB OF 9 PARCELS OF FREEHOLD COMMERCIAL LAND WITH SHOP LOTS ERECTED THEREON IN SEKSYEN 19, 47300 PETALING JAYA, SELANGOR MEASURING AN APPROXIMATE AREA OF 1,124 SQUARE METRES IN AGGREGATE (“PROPERTIES”) FOR A TOTAL CONSIDERATION OF RM15.9 MILLION (“PROPOSED ACQUISITION”)

We further refer to the Company’s announcement dated 3 August 2022 in relation to the written requisition received from certain shareholders of the Company holding, in aggregate, more than 10% of the issued share capital of the Company (“Requisitioning Members”) to convene an extraordinary general meeting pursuant to Section 311 of the Companies Act 2016 in relation to the Requisitioning Members’ intention to revoke the general mandate pursuant to Sections 75 and 76 of the Companies Act 2016 approved by the shareholders of ILB under ordinary resolution 8 at the 30th annual general meeting of ILB held on 26 April 2022 (“General Mandate”).

We also refer to the Company’s announcement dated 3 August 2022 in relation to the receipt of an originating summons from BT Investment Capital Limited on the subject of the Proposed Acquisition.

On behalf of ILB, Kenanga Investment Bank Berhad wishes to announce that taking into consideration the above, the Company is seeking legal advice on the matter and will be assessing the course of action to be taken. Further material development in relation to the Proposed Acquisition will be announced accordingly.

05-08-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY ILB OF 9 PARCELS OF FREEHOLD COMMERCIAL LAND WITH SHOP LOTS ERECTED THEREON IN SEKSYEN 19, 47300 PETALING JAYA, SELANGOR MEASURING AN APPROXIMATE AREA OF 1,124 SQUARE METRES IN AGGREGATE (“PROPERTIES”) FOR A TOTAL CONSIDERATION OF RM15.9 MILLION (“PROPOSED ACQUISITION”)

We refer to the announcements dated 30 June 2022, 7 July 2022, 15 July 2022, 29 July 2022 and 3 August 2022 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board of Directors of ILB, Kenanga Investment Bank Berhad wishes to announce that ILB and Impian Nuri had on 5 August 2022 agreed to:

  1. further extend the conditional period expiring on 5 August 2022 to 4 September 2022 (“Second Extended Conditional Period”), to enable for the fulfilment of the condition precedent of the SPA; and 
  2. at Impian Nuri’s request, ILB had agreed to hold Impian Nuri harmless and to indemnify and keep Impian Nuri indemnified at all times on a reasonable basis against any suits, claims, legal fees, cost, losses and/or damages that Impian Nuri may suffer or incur arising from such suits or claims in the event ILB is not able to fulfill the condition precedent as set out in the SPA after having taken all reasonable steps as necessary in accordance with the SPA.

Save and except for the above and the Extended Conditional Period, all other terms and conditions of the SPA remain unchanged.

05-08-2022

ILB GROUP BERHAD (“ILB”or the “COMPANY”) - IN THE HIGH COURT OF MALAYA AT SHAH ALAM SUIT NO. BA-22NCVC-1257-08/2012; BT INVESTMENT CAPITAL LIMITED (PLAINTIFF) AGAINST (1) TEE TUAN SEM, (2) DATUK KAROWNAKARAN @ KARUNAKARAN RAMASAMY, (3) MAKOTO TAKAHASHI, (4) WAN AZFAR BIN DATO’ WAN ANNUAR, (5) DATO’ WAN HASHIM BIN WAN JUSOH, (6) SOH ENG HOOI, (7) JAMILAH BINTI KAMAL, (8) IMPAIN NURI SDN BHD, (9) ILB

Click here to view Reply to Query

08-08-2022

ILB GROUP BERHAD (FORMERLY KNOWN AS INTEGRATED LOGISTICS BERHAD) (“ILB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY ILB OF 9 PARCELS OF FREEHOLD COMMERCIAL LAND WITH SHOP LOTS ERECTED THEREON IN SEKSYEN 19, 47300 PETALING JAYA, SELANGOR MEASURING AN APPROXIMATE AREA OF 1,124 SQUARE METRES IN AGGREGATE (“PROPERTIES”) FOR A TOTAL CONSIDERATION OF RM15.9 MILLION (“PROPOSED ACQUISITION”)

We refer to the announcements dated 30 June 2022, 7 July 2022, 15 July 2022, 29 July 2022, 3 August 2022, 5 August 2022, as well as the announcement dated 8 August 2022 in relation to the filing of an originating summons in the High Court at Kuala Lumpur by ILB and its directors against UOB Kay Hian Nominees (Asing) Sdn Bhd and Best Venture Capital Sdn Bhd (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board of Directors of ILB, Kenanga Investment Bank Berhad wishes to announce that following the actions taken by ILB to resolve the litigation matters in the announcements dated 3 August 2022, 5 August 2022, as well as 8 August 2022, the Company had withdrawn the additional listing application dated 7 July 2022 in relation to the Proposed Acquisition.

The Company intends to, upon taking into consideration further developments pertaining to the above litigation matters, re-submit the additional listing application in relation to the Proposed Acquisition to Bursa Malaysia Securities Berhad.

The Company will announce any further material development in relation to the Proposed Acquisition accordingly.

08-08-2022

ILB GROUP BERHAD ("ILB" or the "COMPANY") - IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR SUIT NO. WA-24NCC-829-08/2022 (1) ILB, (2) TEE TUAN SEM, (3) DATUK KAROWNAKARAN @ KARUNAKARAN RAMASAMY, (4) MAKOTO TAKAHASHI, (5) WAN AZFAR BIN DATO WAN ANNUAR, (6) DATO WAN HASHIM BIN WAN JUSOH, (7) SOH ENG HOOI, (8) JAMILAH BINTI KAMAL, (PLAINTIFFS) AGAINST (1) UOB KAY HIAN NOMINEES (ASING) SDN BHD AND (2) BEST VENTURE CAPITAL SDN BHD (DEFENDANTS)

We refer to the Company’s announcements on 3 August 2022 and 5 August 2022.

The Board of Directors of the Company wishes to announce that the Company and its directors had on 5 August 2022 filed an Originating Summons in the High Court at Kuala Lumpur against UOB Kay Hian Nominees (Asing) Sdn Bhd and Best Venture Capital Sdn Bhd pursuant to section 211 read together with section 311 of the Companies Act 2016 and Article 111 of the Constitution of the Company (“ILB Originating Summons”) for the reliefs as set out below.

  1. Declaration that the notice dated 2 August 2022 issued by the 1st and 2nd Defendants to ILB addressed to the 2nd to 8th Plaintiffs as directors of ILB (‘Requisition Notice’) requisitioning the 2nd to 8th Plaintiffs to convene an extraordinary general meeting of ILB (‘Proposed EGM’) pursuant to section 311 of the Companies Act 2016 is invalid, wrongful, unconstitutional and unlawful.
  2. Declaration that the Plaintiffs (namely ILB and its directors) are not obliged in law to convene the Proposed EGM in that the Proposed EGM and the proposed resolution to be passed at the Proposed EGM (‘Proposed Business’) is not within the competence of the members of ILB to be passed or transacted at the Proposed EGM.
  3. An order as to costs occasioned by the ILB Originating Summons be borne personallyby the Defendants, jointly and/or severally, and paid to the Plaintiffs on an indemnity basis. 
  4. Such further order or relief as the Court shall deem fit and proper.

Further announcements will be made from time to time in respect of any material developments of this matter.

10-08-2022

ILB GROUP BERHAD (“ILB”or the “COMPANY”) - IN THE HIGH COURT OF MALAYA AT SHAH ALAM SUIT NO. BA-22NCVC-1257-08/2012; BT INVESTMENT CAPITAL LIMITED (PLAINTIFF) AGAINST (1) TEE TUAN SEM, (2) DATUK KAROWNAKARAN @ KARUNAKARAN RAMASAMY, (3) MAKOTO TAKAHASHI, (4) WAN AZFAR BIN DATO’ WAN ANNUAR, (5) DATO’ WAN HASHIM BIN WAN JUSOH, (6) SOH ENG HOOI, (7) JAMILAH BINTI KAMAL, (8) IMPAIN NURI SDN BHD, (9) ILB

We refer to the Company’s announcements dated on 30 June 2022, 7 July 2022, 15 July 2022, 29 July 2022, 3 August 2022 and 5 August 2022.

The Board of Directors of the Company wishes to announce that the Company and its directors had on 8 August 2022 filed an application to strike out the Originating Summons (‘Striking Out Application’).

The case management for the Striking Out Application is fixed on 24 August 2022.

Further announcements will be made from time to time in respect of any material developments of this matter.

10-08-2022

ILB GROUP BERHAD ("ILB" or the "COMPANY") - IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR SUIT NO. WA-24NCC-829-08/2022 (1) ILB, (2) TEE TUAN SEM, (3) DATUK KAROWNAKARAN @ KARUNAKARAN RAMASAMY, (4) MAKOTO TAKAHASHI, (5) WAN AZFAR BIN DATO WAN ANNUAR, (6) DATO WAN HASHIM BIN WAN JUSOH, (7) SOH ENG HOOI, (8) JAMILAH BINTI KAMAL, (PLAINTIFFS) AGAINST (1) UOB KAY HIAN NOMINEES (ASING) SDN BHD AND (2) BEST VENTURE CAPITAL SDN BHD (DEFENDANTS)

We refer to the Company’s announcements on 3 August 2022 and 8 August 2022.

The Board of Directors of the Company wishes to announce that the subject matter was fixed for case management today. At the case management, the Court gave the following directions:

  1. Defendants to file and serve their affidavit in reply on or before 24 August 2022;
  2. Plaintiffs to file and serve their affidavit in reply on or before 7 September 2022;
  3. Parties are to file their respective submission on or before 14 September 2022;
  4. Parties are to file interlocutory applications (if any) within two weeks from 10 August 2022; and
  5. The next case management is fixed on 22 September 2022.

Further announcements will be made from time to time in respect of any material developments of this matter.

15-08-2022

ILB Group Berhad (“ILB” or the “Company”)
(Formerly known as Integrated Logistics Berhad)
Commencement of Members Voluntary Winding up of Indirect Subsidiaries

Reference is made to the Company’s announcement dated 9 September 2021 in relation to the commencement of winding up of ISH Logistics Group Limited, a wholly owned subsidiary of ILB (“ISH Cayman”).

The Board of Directors of ILB wishes to announce that the Company had on 15 August 2022, received the Certificate of Dissolution dated 9 August 2022 from Registrar of Companies, Cayman Islands in relation to the dissolution of ISH Cayman.

Pursuant to the Certificate of Dissolution, ISH Cayman will be deemed to be dissolved on the 26 September 2022 and thereupon removed from the Companies Register maintained by Registrar of Companies, Cayman Islands.

Date Descriptions

09-09-2021

COMMENCEMENT OF MEMBERS' VOLUNTARY WINDING UP OF INDIRECT SUBSIDIARIES

Announced that the Company has commenced members' voluntary winding up of its indirect subsidiaries, Integrated Logistics (China) Co. Limited, ISH Group (BVI) Limited and ISH Logistics Group Limited (“Winding-up”) .

Date Descriptions

17-01-2020

Further to the Company’s announcement made on 23 July 2019, the board of directors of the Company announced that its indirect wholly owned subsidiary, IL Power Sdn Bhd (Registration No. 201501022872(1148201-K)) had on 16 January 2020 received an outcome letter dated 6 January 2020 from the Energy Commission of Malaysia informing that its bid for the LSS3 Project was not successful. Hence, the MOU entered into between IL Energy and SHOL will no longer be valid and will terminate with immediate effect.

11-03-2020

PROPOSED DISPOSAL OF 65% EQUITY INTEREST IN INTEGRATED ETERN LOGISTICS (SUZHOU) CO. LIMITED (“IEL SUZHOU”), BY INTEGRATED LOGISTICS (H.K.) LIMITED (“ILHK”), AN INDIRECT 70% OWNED SUBSIDIARY OF INTEGRATED LOGISTICS BERHAD (“ILB”), TO SWJ CN LOGIPORT PTE. LTD. (“SWJ”) FOR A CASH CONSIDERATION OF RMB217.1 MILLION (EQUIVALENT TO APPROXIMATELY RM128.7 MILLION) SUBJECT TO ADJUSTMENT SUM (“PROPOSED DIPOSAL”)

We refer to the announcements dated 19 December 2019, 20 December 2019 and 10 March 2020 (“Announcements”) and the circular to the shareholders dated 24 February 2020 (“Circular”) in relation to the Proposed Disposal. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements and the Circular.

On behalf of the Board, Kenanga Investment Bank Berhad wishes to announce that all the conditions precedent under the SPA in respect of the Proposed Disposal have been fulfilled.

15-07-2020

PROPOSED DISPOSAL OF 65% EQUITY INTEREST IN INTEGRATED ETERN LOGISTICS (SUZHOU) CO. LIMITED “IEL SUZHOU”), BY INTEGRATED LOGISTICS (H.K.) LIMITED (“ILHK”), AN INDIRECT 70% OWNED SUBSIDIARY OF INTEGRATED LOGISTICS BERHAD (“ILB”), TO SWJ CN LOGIPORT PTE. LTD. (“SWJ”) FOR A CASH CONSIDERATION OF RMB217.1 MILLION (EQUIVALENT TO APPROXIMATELY RM128.7 MILLION) SUBJECT TO ADJUSTMENT SUM (“PROPOSED DIPOSAL”)

We refer to the announcements dated 19 December 2019, 20 December 2019, 10 March 2020, 11 March 2020 and 1 April 2020 (“Announcements”) and the circular to the shareholders dated 24 February 2020 (“Circular”) in relation to the Proposed Disposal. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements and the Circular.

On behalf of the Board, Kenanga IB wishes to announce that the Proposed Disposal has been completed on 15 July 2020 following the payment of the Final Payment by the Purchaser to the Sellers amounting to USD 794,621.44 which is equivalent to RMB 5,615,033.