June 18, 2010

Company announcements: PENERGY, TALIWRK

PENERGY - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PETRA ENERGY BERHAD
Stock Name: PENERGY
Date Announced: 18/06/2010

Announcement Detail:
Date of change: 18/06/2010

Type of change: Resignation

Designation: Chairman & Executive Director

Directorate: Executive

Name: Y.M. Tengku Dato' Ibrahim Petra bin Tengku Indra Petra

Age: 54

Nationality: Malaysian

Qualifications: He holds a Bachelor of Science (Marketing) degree from the University of Oregon, USA.

Working experience and occupation: He began his career with PETRONAS in 1980, and two years later was appointed by the Ministry of Foreign Affairs, Malaysia as the Malaysian Consul General based in Los Angeles, USA. Upon his return in 1984, he assumed the position of Executive Chairman in Petra Finance Berhad until the company was sold in 1995. In 1988, while he was still with Petra Finance Berhad, he formed Petra Resources Sdn Bhd ("Petra Resources"), an oil and gas trading company. He was appointed its Non-Executive Chairman, and in 1998, became the Executive Chairman and Managing Director of Petra Resources. He was later appointed the Executive Chairman and Chief Executive Officer of Petra Perdana Berhad ("Petra Perdana") when Petra Resources was acquired by Petra Perdana in May 2000. His tenure as Executive Chairman and Chief Executive Officer of Petra Perdana were until 5 February 2010 and 19 March 2010 respectively. Today, his priority is to spearhead Petra Energy in becoming a leading �??one-stop' integrated brown field services provider for the upstream oil and gas industry in the country and region.

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: He has 1,921,613 direct and 455,222 indirect shareholdings in Petra Energy Berhad, respectively representing 0.99% and 0.23% of the total issued and paid up share capital of Petra Energy Berhad.


PENERGY - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: PETRA ENERGY BERHAD
Stock Name: PENERGY
Date Announced: 18/06/2010

Announcement Detail:
Date of change: 18/06/2010

Type of change: Resignation

Designation: Executive Director

Directorate: Executive

Name: Lee Mee Jiong

Age: 47

Nationality: Malaysian

Qualifications: He holds a Bachelor's degree in Mechanical Engineering from the University of New South Wales, Australia.

Working experience and occupation: In 1988, he joined Sistem Alat-Alat Gas Sdn Bhd as a Sales and Service Engineer, specialising in the sales and services of equipment used in the oil and gas production facilities. His job scope covered amongst others, identification of project equipment requirements, performing engineering studies and selection of equipment, participation in the tendering for project equipment, involvement in site installation, troubleshooting, analysis and rectifying problems. He joined Petra Resources Sdn Bhd ("Petra Resources") in 1989 as the Area Manager responsible for the Company's business in the sales and services division and establishing business relationships with international companies. He was involved in the setting-up of the East Malaysian operations and transforming it from a trading to a manufacturing and maintenance services facility. He was also responsible for Petra Resources' successful achievement of the Quality Management System (ISO 9002) and Environmental Management System (ISO 14001) accreditations. Prior to his current position, he was the Executive Director of Petra Resources, responsible for managing the operations and maintenance services contracts and developing new businesses within the oil and gas industry in Malaysia and other regions.

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: He is a related party with interest in the rental of three (3) blocks of 4-storey shop lot located at Lots 1310-1311 and Lot 1312, Block 9, Miri Concession Land District by Petra Resources Sdn Bhd, a wholly-owned subsidiary of Petra Energy Berhad, from his spouse, Kho Chew Swan, for which shareholders' mandate was obtained at the Annual General Meeting of the Company held on 25 June 2009 and to be obtained at the forthcoming Annual General meeting to be held on 29 June 2010.

Details of any interest in the securities of the listed issuer or its subsidiaries: He has 2,250 direct shareholdings in Petra Energy Berhad, representing 0.001% of the total issued and paid-up share capital of Petra Energy Berhad.

Remarks: By virtue of the resignation of Mr. Lee Mee Jiong as Director of the Company on 18 June 2010, Mr. Lee Mee Jiong also ceases to be the member of the Board Risk Management Committee with effect from 18 June 2010.


TALIWRK - TALIWRK-Exercise of 41,100 Warrants ("Exercise of Warrants")

Announcement Type: Listing Circular
Company Name: TALIWORKS CORPORATION BERHAD
Stock Name: TALIWRK
Date Announced: 18/06/2010

Announcement Detail:
Subject: TALIWRK-Exercise of 41,100 Warrants ("Exercise of Warrants")

Contents: Kindly be advised that the abovementioned Company's additional 41,100 new ordinary shares of RM0.50 each arising from the aforesaid Exercise of Warrants will be granted listing and quotation with effect from 9.00 a.m., Monday, 21 June 2010.



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