AIRASIA - AIRASIA BERHAD RESULTS OF SEVENTEENTH ANNUAL GENERAL MEETING HELD ON 24 JUNE 2010
Announcement Type: General Announcement
Company Name: AIRASIA BERHAD
Stock Name: AIRASIA
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: AIRASIA BERHAD
RESULTS OF SEVENTEENTH ANNUAL GENERAL MEETING HELD ON 24 JUNE 2010
Contents: AirAsia Berhad ("AirAsia" or "the Company") is pleased to announce that at the Seventeenth Annual General Meeting ("AGM") of AirAsia held on 24 June 2010, all the resolutions under Ordinary and Special Business as contained in the Notice of AGM dated 31 May 2010 were duly passed by the shareholders of the Company.
This announcement is dated 24 June 2010.
Company Name: AIRASIA BERHAD
Stock Name: AIRASIA
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: AIRASIA BERHAD
RESULTS OF SEVENTEENTH ANNUAL GENERAL MEETING HELD ON 24 JUNE 2010
Contents: AirAsia Berhad ("AirAsia" or "the Company") is pleased to announce that at the Seventeenth Annual General Meeting ("AGM") of AirAsia held on 24 June 2010, all the resolutions under Ordinary and Special Business as contained in the Notice of AGM dated 31 May 2010 were duly passed by the shareholders of the Company.
This announcement is dated 24 June 2010.
ICAP - ICAPITAL.BIZ BERHAD ("icapital.biz") - NET ASSET VALUE ("NAV") PER SHARE
Announcement Type: General Announcement
Company Name: ICAPITAL.BIZ BERHAD
Stock Name: ICAP
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: ICAPITAL.BIZ BERHAD ("icapital.biz")
- NET ASSET VALUE ("NAV") PER SHARE
Contents: On behalf of the Board of icapital.biz, we wish to announce that the NAV per share of icapital.biz as at 23 June 2010 was RM2.20.
Company Name: ICAPITAL.BIZ BERHAD
Stock Name: ICAP
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: ICAPITAL.BIZ BERHAD ("icapital.biz")
- NET ASSET VALUE ("NAV") PER SHARE
Contents: On behalf of the Board of icapital.biz, we wish to announce that the NAV per share of icapital.biz as at 23 June 2010 was RM2.20.
MSPORTS - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: MULTI SPORTS HOLDINGS LTD
Stock Name: MSPORTS
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: MULTI SPORTS HOLDINGS LTD ("MULTI SPORTS" OR THE "COMPANY")
RIGHTS ISSUE - PRICE-FIXING FOR ISSUE PRICE OF RIGHTS SHARES
Contents: Reference is made to the announcement dated 6 May 2010.
(Unless otherwise defined, all terms used in this announcement shall have the same meaning ascribed to them in earlier announcements on the Rights Issue)
On behalf of the Board of Directors of the Company ("Board"), AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that the Board has fixed the issue price of the Rights Shares at RM0.38 per Rights Share ("Issue Price").
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: MULTI SPORTS HOLDINGS LTD
Stock Name: MSPORTS
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: MULTI SPORTS HOLDINGS LTD ("MULTI SPORTS" OR THE "COMPANY")
RIGHTS ISSUE - PRICE-FIXING FOR ISSUE PRICE OF RIGHTS SHARES
Contents: Reference is made to the announcement dated 6 May 2010.
(Unless otherwise defined, all terms used in this announcement shall have the same meaning ascribed to them in earlier announcements on the Rights Issue)
On behalf of the Board of Directors of the Company ("Board"), AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that the Board has fixed the issue price of the Rights Shares at RM0.38 per Rights Share ("Issue Price").
SYSCORP - Clarification of the news report
Announcement Type: General Announcement
Company Name: SHIN YANG SHIPPING CORPORATION BERHAD
Stock Name: SYSCORP
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Clarification of the news report
Contents: Reference is made to the news reporting on Shin Yang Shipping Corporation Berhad which appeared in The Star dated 24 June 2010 under the StarBiz section at page B4 which read as follows:-
"Ling said the company forecast a 10% to 15% higher revenue for its financial year ended June 30, 2011 (FY11). He said the forecast was made on the back of the completion of the seven new vessels, the expansion of its existing shipyard and the setting up of a new one in the UAE"
The Company wishes to clarify that the expected increase in revenue is a management forecast only and has not been reviewed by the Company's external auditors. The forecast was made after taking into account additional revenue from the Group's new vessels and increased capacity in its shipyards in Miri, Sarawak and the United Arab-Emirates ("UAE").
This announcement is dated 24 June 2010.
Company Name: SHIN YANG SHIPPING CORPORATION BERHAD
Stock Name: SYSCORP
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Clarification of the news report
Contents: Reference is made to the news reporting on Shin Yang Shipping Corporation Berhad which appeared in The Star dated 24 June 2010 under the StarBiz section at page B4 which read as follows:-
"Ling said the company forecast a 10% to 15% higher revenue for its financial year ended June 30, 2011 (FY11). He said the forecast was made on the back of the completion of the seven new vessels, the expansion of its existing shipyard and the setting up of a new one in the UAE"
The Company wishes to clarify that the expected increase in revenue is a management forecast only and has not been reviewed by the Company's external auditors. The forecast was made after taking into account additional revenue from the Group's new vessels and increased capacity in its shipyards in Miri, Sarawak and the United Arab-Emirates ("UAE").
This announcement is dated 24 June 2010.
IJMLAND - Proposed Disposal of 100% Equity Interest in Delta Awana Sdn Bhd
Announcement Type: General Announcement
Company Name: IJM LAND BERHAD
Stock Name: IJMLAND
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Disposal of 100% Equity Interest in Delta Awana Sdn Bhd
Contents: The Company has on 24 June 2010 entered into a Share Sale and Purchase Agreement ("SSPA") to dispose 250,000 ordinary shares of RM1 each, representing 100% equity interest in Delta Awana Sdn Bhd ("Delta Awana") ("the Proposed Disposal"), to ADF Tiger III Limited ("ADF Tiger"), a foreign fund incorporated in Bermuda, for a cash consideration estimated at RM66.26 million ("the Purchase Price").
The principal activity of Delta Awana is property investment. Delta Awana owns two (2) parcels of leasehold land expiring 2 February 2095 measuring 118,827.2 square metres in total, situated in Mukim of Kawasan Bandar XXXII and XXXIII, Daerah of Melaka Tengah, Negeri Melaka ("the Land") together with a newly completed shopping mall known as "Aeon Bandaraya Melaka" erected thereon ("the Shopping Mall") (collectively referred to as "the Property"). Pursuant to an Agreement to Lease dated 9 January 2008 and the Supplementary Agreement dated 4 May 2010, the entire Property has been leased to Aeon Co. (M) Bhd ("Aeon") for an initial term of ten (10) years commencing from 5 February 2010.
The conditions precedent to the SSPA, which includes the approval of the relevant State Authority for registration of the lease, are to be fulfilled within nine (9) months from the date of the SSPA or such extended period as may be mutually agreed.
The Purchase Price will be paid by ADF Tiger in the following manner:-
(a) RM18.85 million upon execution of the SSPA;
(b) RM18.85 million within fifteen (15) business days from the date of execution of a lease agreement between Delta Awana and Aeon. The lease agreement will be executed after obtaining the approval of the relevant State Authority for registration of the lease; and
(c) the balance of the Purchase Price upon completion of the Proposed Disposal.
The Purchase Price was arrived at on a willing-buyer-willing-seller basis after taking into consideration the projected adjusted net asset value of Delta Awana on completion of the Proposed Disposal and the market value of the Property. The net book value of the Property as at 31 March 2010 was RM319.4 million. No valuation was carried out on the Property for the Proposed Disposal. The proceeds from the Proposed Disposal will be used for working capital of the Group. The Proposed Disposal is expected to be completed by the last quarter of 2010.
The rationale of the Proposed Disposal is to enable the Group to unlock the value of its investment.
None of the Directors or major shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the Proposed Disposal, and no approval of shareholders is required. The expected gain from the Proposed Disposal is approximately RM64 million. Other than the gain on the Proposed Disposal, the Proposed Disposal will not have any significant effect on the earnings or net assets per share, substantial shareholders' shareholding, gearing and share capital of the Group for the financial year ending 31 March 2011.
The Board of Directors, having considered all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interest of the Group.
Company Name: IJM LAND BERHAD
Stock Name: IJMLAND
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Disposal of 100% Equity Interest in Delta Awana Sdn Bhd
Contents: The Company has on 24 June 2010 entered into a Share Sale and Purchase Agreement ("SSPA") to dispose 250,000 ordinary shares of RM1 each, representing 100% equity interest in Delta Awana Sdn Bhd ("Delta Awana") ("the Proposed Disposal"), to ADF Tiger III Limited ("ADF Tiger"), a foreign fund incorporated in Bermuda, for a cash consideration estimated at RM66.26 million ("the Purchase Price").
The principal activity of Delta Awana is property investment. Delta Awana owns two (2) parcels of leasehold land expiring 2 February 2095 measuring 118,827.2 square metres in total, situated in Mukim of Kawasan Bandar XXXII and XXXIII, Daerah of Melaka Tengah, Negeri Melaka ("the Land") together with a newly completed shopping mall known as "Aeon Bandaraya Melaka" erected thereon ("the Shopping Mall") (collectively referred to as "the Property"). Pursuant to an Agreement to Lease dated 9 January 2008 and the Supplementary Agreement dated 4 May 2010, the entire Property has been leased to Aeon Co. (M) Bhd ("Aeon") for an initial term of ten (10) years commencing from 5 February 2010.
The conditions precedent to the SSPA, which includes the approval of the relevant State Authority for registration of the lease, are to be fulfilled within nine (9) months from the date of the SSPA or such extended period as may be mutually agreed.
The Purchase Price will be paid by ADF Tiger in the following manner:-
(a) RM18.85 million upon execution of the SSPA;
(b) RM18.85 million within fifteen (15) business days from the date of execution of a lease agreement between Delta Awana and Aeon. The lease agreement will be executed after obtaining the approval of the relevant State Authority for registration of the lease; and
(c) the balance of the Purchase Price upon completion of the Proposed Disposal.
The Purchase Price was arrived at on a willing-buyer-willing-seller basis after taking into consideration the projected adjusted net asset value of Delta Awana on completion of the Proposed Disposal and the market value of the Property. The net book value of the Property as at 31 March 2010 was RM319.4 million. No valuation was carried out on the Property for the Proposed Disposal. The proceeds from the Proposed Disposal will be used for working capital of the Group. The Proposed Disposal is expected to be completed by the last quarter of 2010.
The rationale of the Proposed Disposal is to enable the Group to unlock the value of its investment.
None of the Directors or major shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the Proposed Disposal, and no approval of shareholders is required. The expected gain from the Proposed Disposal is approximately RM64 million. Other than the gain on the Proposed Disposal, the Proposed Disposal will not have any significant effect on the earnings or net assets per share, substantial shareholders' shareholding, gearing and share capital of the Group for the financial year ending 31 March 2011.
The Board of Directors, having considered all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interest of the Group.
PELIKAN - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: PELIKAN INTERNATIONAL CORPORATION BERHAD
Stock Name: PELIKAN
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 24/06/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 7,000
Minimum price paid for each share purchased ($$): 1.130
Maximum price paid for each share purchased ($$): 1.130
Total consideration paid ($$): 7,910.00
Number of shares purchased retained in treasury (units): 7,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 5,479,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.07
Company Name: PELIKAN INTERNATIONAL CORPORATION BERHAD
Stock Name: PELIKAN
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 24/06/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 7,000
Minimum price paid for each share purchased ($$): 1.130
Maximum price paid for each share purchased ($$): 1.130
Total consideration paid ($$): 7,910.00
Number of shares purchased retained in treasury (units): 7,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 5,479,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.07
ILB - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: INTEGRATED LOGISTICS BHD
Stock Name: ILB
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back from: 11/06/2010
Date of buy back to: 24/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 183,200
Minimum price paid for each share purchased ($$): 0.910
Maximum price paid for each share purchased ($$): 0.945
Total amount paid for shares purchased ($$): 173,035.42
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Berhad
Number of shares purchased retained in treasury (units): 183,200
Total number of shares retained in treasury (units): 7,762,900
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 24/06/2010
Lodged by: Integrated Logistics Berhad
Company Name: INTEGRATED LOGISTICS BHD
Stock Name: ILB
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back from: 11/06/2010
Date of buy back to: 24/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 183,200
Minimum price paid for each share purchased ($$): 0.910
Maximum price paid for each share purchased ($$): 0.945
Total amount paid for shares purchased ($$): 173,035.42
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Berhad
Number of shares purchased retained in treasury (units): 183,200
Total number of shares retained in treasury (units): 7,762,900
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 24/06/2010
Lodged by: Integrated Logistics Berhad
ILB - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: INTEGRATED LOGISTICS BHD
Stock Name: ILB
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 24/06/2010
Description of shares purchased: Ordinary shares of RM1-00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 23,200
Minimum price paid for each share purchased ($$): 0.920
Maximum price paid for each share purchased ($$): 0.920
Total consideration paid ($$): 21,500.47
Number of shares purchased retained in treasury (units): 23,200
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 7,762,900
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.94
Company Name: INTEGRATED LOGISTICS BHD
Stock Name: ILB
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 24/06/2010
Description of shares purchased: Ordinary shares of RM1-00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 23,200
Minimum price paid for each share purchased ($$): 0.920
Maximum price paid for each share purchased ($$): 0.920
Total consideration paid ($$): 21,500.47
Number of shares purchased retained in treasury (units): 23,200
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 7,762,900
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.94
TEKALA - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 24/06/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 10,000
Minimum price paid for each share purchased ($$): 0.735
Maximum price paid for each share purchased ($$): 0.735
Total consideration paid ($$): 7,350.00
Number of shares purchased retained in treasury (units): 10,000
Cumulative net outstanding treasury shares as at to-date (units): 10,854,800
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 7.10
Company Name: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 24/06/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 10,000
Minimum price paid for each share purchased ($$): 0.735
Maximum price paid for each share purchased ($$): 0.735
Total consideration paid ($$): 7,350.00
Number of shares purchased retained in treasury (units): 10,000
Cumulative net outstanding treasury shares as at to-date (units): 10,854,800
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 7.10
BERNAS - General Announcement
Announcement Type: General Announcement
Company Name: PADIBERAS NASIONAL BERHAD
Stock Name: BERNAS
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: CIVIL SUIT BY RAHMAN BIN SAMUD & 242 OTHERS ("the Plaintiffs") AGAINST PADIBERAS NASIONAL BERHAD ("the Company")
Contents: Referring to our previous announcement dated 4 March 2010, the Company wishes to announce that the Court has fixed 3 August 2010 for case management for the Plaintiffs and the Company (hereinafter referred to as "Parties") to complete the exchange of Affidavits.
The Company will announce further development on the above.
Company Name: PADIBERAS NASIONAL BERHAD
Stock Name: BERNAS
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: CIVIL SUIT BY RAHMAN BIN SAMUD & 242 OTHERS ("the Plaintiffs") AGAINST PADIBERAS NASIONAL BERHAD ("the Company")
Contents: Referring to our previous announcement dated 4 March 2010, the Company wishes to announce that the Court has fixed 3 August 2010 for case management for the Plaintiffs and the Company (hereinafter referred to as "Parties") to complete the exchange of Affidavits.
The Company will announce further development on the above.
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