June 1, 2010

Company announcements: CHUAN, KENMARK, RHYTHM

CHUAN - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: CHUAN HUAT RESOURCES BHD
Stock Name: CHUAN
Date Announced: 01/06/2010

Announcement Detail:
Date of change: 31/05/2010

Type of change: Appointment

Designation: Alternate Director

Directorate: Executive

Name: NICHOLAS LIM KEAN HOONG

Age: 29

Nationality: Malaysian

Qualifications: Bachelors Degree in Computer Science and Management Studies (Hons) from Nottingham University

Working experience and occupation: Joined the Chuan Huat Group in June 2006 as the Manager responsible for the operation and marketing of the Steel Services Centre Division of the Chuan Huat Group. Executive Director of CH Reinforcing Steel (M) Sdn Bhd and Bars & Mesh Industries Sdn. Bhd. (both subsidiaries of Chuan Huat Resources Berhad) since July 2009.

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: Mr Nicholas Lim is the son of the Executive Director, Dato' Lim Khoon Hock,

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Remarks: Mr Nicholas Lim Kean Hoong was appointed as the alternate director to Dato' Lim Khoon Hock with effect from 31 May 2010


KENMARK - Financial condition

Announcement Type: Investor Alert Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/06/2010

Announcement Detail:
Subject: Financial condition

Contents: Kindly refer to the company's First Announcement pursuant to Practice Note No. 17 dated 31 May 2010.


KENMARK - KENMARK -New admission into PN17

Announcement Type: Listing Circular
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/06/2010

Announcement Detail:
Subject: KENMARK -New admission into PN17

Contents: Kindly refer to the company's First Announcement pursuant to Practice Note No. 17 dated 31 May 2010.


KENMARK - Delay in Submission of Financial Statements

Announcement Type: Investor Alert Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/06/2010

Announcement Detail:
Subject: Delay in Submission of Financial Statements

Contents: The Company has failed to submit its quarterly report for the financial period ended 31 March 2010.

Please refer to Listing Circular dated 1 June 2010.


KENMARK - KENMARK-SUSPENSION OF TRADING

Announcement Type: Listing Circular
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/06/2010

Announcement Detail:
Subject: KENMARK-SUSPENSION OF TRADING

Contents: The above Company has failed to submit its Quarterly Report for financial period ended 31 March 2010 to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe pursuant to Paragraph 9.22(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.22 and 9.23 of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above, the trading in the above Company's shares will be suspended with effect from 9.00 a.m., Tuesday, 8 June 2010 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer.


KENMARK - General Announcement

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/06/2010

Announcement Detail:
Type: Announcement

Subject: KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company")
Announcement Pursuant to Practice Note 17
("First Announcement")

Contents: Further to the announcement made yesterday, pursuant to the Practice Note 17 ("PN17") of the Main Market Listing Requirements ("LR") of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Independent Directors of Kenmark wishes to announce that besides the prescribed criteria under paragraph 2.1(f) for the default in payment and the Company is unable to provide a solvency declaration to the Exchange, Kenmark has also triggered another prescribed criteria under paragraph 2.1(g) due to the cessation of all of its business activities as the key executives of the Company are no longer contactable.

This announcement is dated 1 June 2010.


KENMARK - KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company") - Apointment of Receiver

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/06/2010

Announcement Detail:
Type: Announcement

Subject: KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company")
- Apointment of Receiver

Contents: The Independent Directors of Kenmark wishes to announce that a faxed letter has been received today from the Receiver of Kenmark Paper Sdn Bhd ("Kenmark Paper"), a wholly-owned subsidiary of the Company. The faxed letter dated 31 May 2010 advises that on 28 May 2010, Mr Lim San Peen has been appointed Receiver over all the floating charge assets of Kenmark Paper which have been crystallised and converted into a fixed charge by notice from EON Bank Berhad ("the Bank") pursuant to Section 8.02 of the Debenture dated 18 November 1991.

The Independent Directors have no access to the latest financials of Kenmark Paper and as such is unable to advise on the net book value of the affected assets.

The events that happened last week as announced to the Exchange on the halt of the operations of the Group's operations and the key executive members being uncontactable has lead to the appointment of the Receiver. The appointment of the Receiver was following the notice of default issued by the Bank.

The powers of the Directors of Kenmark Paper to deal with Kenmark Paper's crystallized floating charge assets have ceased and they cannot deal with the assets nor enter into any commitment in relation to the assets without the Receiver or his representatives' written prior approval. However, the statutory obligations of the Directors remain.

The Independent Directors of the Company are unable to assess the expected losses, if any, arising from the appointment of Receiver.

The Independent Directors will meet up with the Receivers this week to discuss on the possible actions to be taken in respect of the position of Kenmark Paper.

This announcement dated 1 June 2010.


KENMARK - Kenmark Industrial Co. (M) Berhad ("KENMARK" or "the Company") - Appointment of Special Auditor

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/06/2010

Announcement Detail:
Type: Announcement

Subject: Kenmark Industrial Co. (M) Berhad ("KENMARK" or "the Company")
- Appointment of Special Auditor

Contents: The Independent Directors of KENMARK has today received a Directive from Bursa Securities to immediately appoint a Special Auditor ("SA") to undertake an investigation into the financials of the Company to identify any potential irregularities. The Company is required to revert to Bursa Securities within 2 market days on the proposed scope of work and candidates of the SA for their concurrence. The Company is also required to update Bursa Securities on any development with regard to the special audit including the course of action to be taken following the results/findings of the special audit.

The Independent Directors will revert to Bursa Securities in due course.

This announcement is dated 1 June 2010.


RHYTHM - MATERIAL LITIGATIONS

Announcement Type: General Announcement
Company Name: RHYTHM CONSOLIDATED BERHAD
Stock Name: RHYTHM
Date Announced: 01/06/2010

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATIONS

Contents: Further to our announcements dated 24 April 2009, 7 May 2009 and subsequent announcements on the update of the material litigations, Rhythm Consolidated Berhad ("RCB" or "Company") wishes to announce the updates on the material litigations. Please refer to the attached file for details.

This announcement is dated 1 June 2010.

Attachments: Material litigations_01 June 2010.doc


RHYTHM - MONTHLY ANNOUNCEMENT ON STATUS OF DEFAULT IN PAYMENTS PURSUANT TO THE PRACTICE NOTE NO. 1 ("PN1")

Announcement Type: General Announcement
Company Name: RHYTHM CONSOLIDATED BERHAD
Stock Name: RHYTHM
Date Announced: 01/06/2010

Announcement Detail:
Type: Announcement

Subject: MONTHLY ANNOUNCEMENT ON STATUS OF DEFAULT IN PAYMENTS PURSUANT TO THE PRACTICE NOTE NO. 1 ("PN1")

Contents: Further to our announcements dated 4 May 2009 and subsequent announcements on the update of the status of default in payments pursuant to PN1, Rhythm Consolidated Berhad ("RCB" or "the Company") wishes to announce the status of the default in payments pursuant to PN1. Please refer to the attached file for details.

This announcement is dated 1 June 2010.

Attachments: RCB-PN1_01 June 2010.doc


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