June 25, 2010

Company announcements: DISCOMP, RGB, VITROX, AIM, DSCSOL, FBMKLCI-EA, MFCB, BJCORP-CA

DISCOMP - General Announcement

Announcement Type: General Announcement
Company Name: DISCCOMP BERHAD (ACE Market)
Stock Name: DISCOMP
Date Announced: 25/06/2010

Announcement Detail:
Type: Announcement

Subject: DISCCOMP BERHAD ("DISCCOMP" or the Company)
Variation in Actual Value of Recurrent Related Party Transactions ("RRPT") Transacted from Mandated Estimated Value

Contents: Reference is made to the announcements dated 22 & 23 June 2010 ("Previous Announcements") and to the Circular of Disccomp Berhad ("DISCCOMP') to Shareholders in relation to the Proposed Renewal of Shareholder's Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Mandate") dated 4 June 2009 ("the Circular"). The ordinary resolution on the Proposed Mandate had been approved by the shareholders of DISCCOMP at the Annual General Meeting held on 25 June 2009.

Pursuant to Paragraph 10.09(2)(e) of Bursa Malaysia Securities Berhad ACE Market Listing Requirements and Paragraph 2.4 of Guidance Note 8, the Board of Directors of DISCCOMP wishes to announce the variation in the actual value of the Recurrent Related Party Transactions ("RRPT") transacted between its wholly-owned subsidiary, SC-PNP Edaran Sdn Bhd ("SC-PNP") and other subsidiary companies viz. Pineapple Computer Systems Sdn Bhd ("PCS"), Pineapple Computers & Accessories Sdn Bhd ("PCA") and Pine System Technology Sdn Bhd ("PST") from the estimated value as disclosed in the Circular since the Previous Announcements as set out in the table below.

The actual value transacted increased from the estimated value due to the following:-
i. Higher turnover from the newly opened retail outlets and new IT fairs, Road Shows and promotions.
ii. Introduction of new products viz. Global Positioning System ("GPS"), hard disk drives, LCD monitors original (Manufacturer) printer inks and Anti-virus software.

Annoucement dated : 25 June 2010


RGB - GENERAL ANNOUNCEMENT RAM RATINGS REAFFIRMS RGB INTERNATIONAL BHD.'S ("RGBI") RATINGS

Announcement Type: General Announcement
Company Name: RGB INTERNATIONAL BHD
Stock Name: RGB
Date Announced: 25/06/2010

Announcement Detail:
Type: Announcement

Subject: GENERAL ANNOUNCEMENT
RAM RATINGS REAFFIRMS RGB INTERNATIONAL BHD.'S ("RGBI") RATINGS

Contents: Reference is made to the Media Release issued by RAM Rating Services Berhad dated 25 June 2010 in relation to the ratings of RGBI's RM200 Million Commercial Papers / Medium Term Notes Programme (2007/2014).

We confirmed that negotiations are in progress for the possible sale of our investment in Chateau de Bavet Club Co Ltd.. The negotiations are still in the very preliminary stage and we undertake to release a detailed announcement pursuant to Chapter 10 of the Main Market Listing Requirements in due course.

This announcement is dated 25 June 2010.


VITROX - Sixth Annual General Meeting duly convened and held on June 25, 2010 (6th AGM)

Announcement Type: General Announcement
Company Name: VITROX CORPORATION BERHAD
Stock Name: VITROX
Date Announced: 25/06/2010

Announcement Detail:
Type: Announcement

Subject: Sixth Annual General Meeting duly convened and held on June 25, 2010 (6th AGM)

Contents: On behalf of the Board of Directors of the Company, we are pleased to inform that at the 6th AGM of the Company duly convened at the Auditorium of ViTrox Innovation Centre, 85A, Lintang Bayan Lepas 11, Bayan Lepas Industrial Park, Phase IV, 11900 Bayan Lepas, Penang, the following resolutions were duly resolved:-

AS ORDINARY BUSINESSES

1. Approval of the increase of the Directors' Fee from RM78,000 to RM108,000 for the financial year ending December 31, 2010 and payment of such fees to the Directors.

2. Re-election of Mr. Siaw Kok Tong who is retiring under the Article 85 of the Articles of Association of the Company, and being eligible, offered himself for re-election.

3. Re-election of Ms. Chuah Poay Ngee who is retiring under the Article 85 of the Articles of Association of the Company, and being eligible, offered himself for re-election.

4. Re-appointment of Messrs. Crowe Horwath (Formerly Known As Horwath) as Auditors of the Company and a mandate was given to the Board of Directors to fix their remuneration.

AS SPECIAL BUSINESSES

5. Approval for the authority to Issue and Allot Share pursuant to Section 132D of the Companies Act, 1965.

6. Approval for the renewal of authority to Purchase its own Shares.


AIM - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 25/06/2010

Announcement Detail:
Date of change: 25/06/2010

Type of change: Resignation

Designation: Executive Director

Directorate: Executive

Name: Palani Selvam Muruganandam

Age: 41

Nationality: Singaporean

Qualifications: Bachelor Degree in Engineering and a Master Degree in Engineering

Working experience and occupation: Mr Palani Selvam Muruganandam was appointed Executive Director on 8 March 2004. He started his career with Pasha Associates, VTCompany, and MinFoong Co (Pte) Ltd as its project manager, in charge of civil and mechanical project from 1990 to 1998. He became the functional consultant for Seagate Technology International, Singapore from January to July of 1999. He joined MThree Asia Pte Ltd (MThree) in August 1999 as its Chief Technology Officer (CTO). Subsequently, he became the CTO of Cyber Generation - the parent company of MThree in 2002. He joined AIM Group in 2004. He graduated from the Bharathiyar University, India in 1990 with a Bachelor Degree in Engineering and a Master Degree in Engineering in 1997. He is a Six Sigma Black Belt, PMP and an Oracle Certified Professional.

Directorship of public companies (if any): NIL

Family relationship with any director and/or major shareholder of the listed issuer: NIL

Any conflict of interests that he/she has with the listed issuer: NIL

Details of any interest in the securities of the listed issuer or its subsidiaries: NIL

Remarks: The proposed Ordinary Resolution no. 3 on the re-election of Mr Palani Selvam Muruganandam was not tabled as he has revoked his consent to seek re-election as director at the 6th AGM held earlier today.


AIM - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 25/06/2010

Announcement Detail:
Date of change: 25/06/2010

Type of change: Resignation

Designation: Chairman

Directorate: Non Independent & Non Executive

Name: Dato' Shamsuddin Bin Hayroni

Age: 54

Nationality: Malaysian

Qualifications: Bachelor Degree in Civil Engineering from the University of New Hampshire, USA

Working experience and occupation: Dato' Shamsuddin Bin Hayroni, a Malaysian aged 54, was appointed Non-Executive Chairman on 21 February, 2005. A civil engineer by training and profession, Dato' Shamsuddin started his illustrious career in Jabatan Kerja Raya, Selangor (Public Works Department, Selangor) from 1978 to 1988 and Project Lebuhraya Utara Selatan (PLUS) Bhd from 1989 to 1995. He then ventured into the construction and property development industry in 1995. Subsequently, in 1999, he ventured into the CRM business and is an ultimate shareholder and director of Electronic Commerce Technology Sdn Bhd ("ECT") - the owner of the "RealRewards" loyalty program and subsequently launched the �??RealRewards' card program in March 2001. He is currently also the Executive Chairman of Majulia Group of Companies. He graduated from University Technology Malaysia with a Diploma in Civil Engineering in 1978 and a Bachelor Degree in Civil Engineering from the University of New Hampshire, USA in 1983.

Directorship of public companies (if any): NIL

Family relationship with any director and/or major shareholder of the listed issuer: NIL

Any conflict of interests that he/she has with the listed issuer: NIL

Details of any interest in the securities of the listed issuer or its subsidiaries: NIL

Remarks: The proposed ordinary resolution no. 2 on the re-election of Dato' Shamsuddin Bin Hayroni was not tabled as he has revoked his consent to seek re-election as director at the 6th AGM held earlier today.


AIM - General Announcement

Announcement Type: General Announcement
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 25/06/2010

Announcement Detail:
Type: Announcement

Subject: ADVANCE INFORMATION MARKETING BERHAD ("AIM" or "the Company")
- Resolutions Proposed at the Sixth Annual General Meeting ("6th AGM")

Contents: The Board of Directors of AIM wishes to announce that the following resolutions proposed at the 6th AGM of the Company held on 25 June 2010 were duly passed by the shareholders of the Company.

1. Received of the Report and Audited Financial Statements for the year ended 31 December 2009 laid at the 6th AGM by shareholders of AIM.
2. Approval of payment of Directors' Fees (Ordinary Resolution 1)
3. Re-election of Ms Tan Chin Yen as Director (Ordinary Resolution 4)
4. Re-appointment of Messrs Azman, Wong, Salleh & Co. as Auditors and to authorise the Directors to fix their remuneration (Ordinary Resolution 5)
5. Authority to Allot Shares Pursuant to Section 132D of the Companies Act, 1965 (Ordinary Resolution 6)
6. Approval of the Renewal of Share Buy-Back Authority (Ordinary Resolution 7)
7. Approval of amendments to the Articles of Association of the Company (Special Resolution 1)

The Board also wishes to inform that the proposed Ordinary Resolutions No. 2 & 3 (on the re-election of Dato' Shamsuddin Bin Hayroni and Mr Palani Selvam Muruganandam as Directors) were not tabled as they had agreed not to seek re-election as Directors at the 6th AGM.

This announcement is dated 25th June 2010.


DSCSOL - General Announcement

Announcement Type: General Announcement
Company Name: DSC SOLUTIONS BERHAD (ACE Market)
Stock Name: DSCSOL
Date Announced: 25/06/2010

Announcement Detail:
Admission Sponsor: Kenanga Investment Bank Bhd

Sponsor: Same as above

Type: Announcement

Subject: DSC SOLUTIONS BERHAD ("DSC" OR "COMPANY")

- PROPOSED INVESTMENT IN RESELLERASIA PTE LTD ("RA") INVOLVING:-
(i) PROPOSED ACQUISITION OF 128,000 ORDINARY SHARES ("RA SHARES"), REPRESENTING 68% EQUITY INTEREST IN RA FROM MICHAEL WONG SWEI SENN FOR A TOTAL PURCHASE CONSIDERATION OF SGD302,933.00 ("PROPOSED ACQUISITION"); AND

(ii) PROPOSED SUBSCRIPTION OF 112,000 NEW RA SHARES FOR A TOTAL SUBSCRIPTION PRICE OF SGD265,067.00 UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED SUBSCRIPTION")
(COLLECTIVELY THE PROPOSED INVESTMENT)

Contents: The Board of DSC wishes to announce that DSC had on 24 June 2010 entered into a conditional Sale and Purchase Agreement ("SPA") with Michael Wong Swei Senn ("Vendor") in relation to the Proposed Investment.

Further details of the Proposed Investment are set out in the attachment below.

Attachments: Proposed investment in Reseller Asia Pte Ltd.pdf


FBMKLCI-EA - FBM KLCI etf - Valuation Point as at 25 June 2010

Announcement Type: General Announcement
Company Name: FTSE BURSA MALAYSIA KLCI ETF
Stock Name: FBMKLCI-EA
Date Announced: 25/06/2010

Announcement Detail:
Type: Announcement

Subject: FBM KLCI etf - Valuation Point as at 25 June 2010

Contents: Fund: FBM KLCI etf
NAV per unit (RM): 1.3349
Units in circulation (units): 3,344,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,326.45

Attachments: FBM KLCI etf 20100625.xls


MFCB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 25/06/2010

Announcement Detail:
Date of buy back: 25/06/2010

Description of shares purchased: Ordinary shares of MYR1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 10,000

Minimum price paid for each share purchased ($$): 1.680

Maximum price paid for each share purchased ($$): 1.690

Total consideration paid ($$): 16,973.16

Number of shares purchased retained in treasury (units): 10,000

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 12,592,400

Adjusted issued capital after cancellation (no. of shares) (units): 242,205,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.20

Remarks: This announcement is dated 25 June 2010.


BJCORP-CA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Name: BJCORP-CA: CW BERJAYA CORPORATION BERHAD (CIMB)
Stock Name: BJCORP-CA
Date Announced: 25/06/2010

Announcement Detail:
Type: Announcement

Subject: CIMB BANK BERHAD ("CIMB")

ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BERJAYA CORPORATION BERHAD ("BJCORP") ("BJCORP-CA")

Contents: We refer to our announcement dated 18 June 2010 in relation to the above.

The closing price of BJCORP on 25 June 2010, a business day preceeding the Ex-Date, is RM1.41. The Adjustments do not amount to 5.0% or more of the Exercise Price or Exercise Ratio being changed. Accordingly, the Exercise Price and Exercise Ratio for BJCORP-CA will not be adjusted.

This announcement is dated 25 June 2010.



No comments:

Post a Comment