SAPIND - RECURRENT RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: SAPURA INDUSTRIAL BERHAD
Stock Name: SAPIND
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: RECURRENT RELATED PARTY TRANSACTIONS
Contents: 1. INTRODUCTION
The Board of Directors of Sapura Industrial Berhad ("SIB") wishes to announce the Recurrent Related Party Transactions of a revenue or trading nature entered into by SIB and its subsidiaries ("SIB Group") ("RRPT"), which by way of aggregation exceeded 1%, being the higher prescribed limit pursuant to Paragraph 10.09 of the Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements").
2. RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Pursuant to Paragraph 10.09 of the Listing Requirements, the Company wishes to announce that SIB Group has entered into RRPT which are necessary for the day-to-day operations of SIB Group.
The details of the RRPT and the nature of the RRPT transacted are as set out in Table 1 attached hereto.
3. RATIONALE
The RRPT are necessary for the day-to-day operations of SIB Group, undertaken at arm's length, normal commercial terms, on terms not more favorable to the related party than those generally made available to the public and are not detrimental to the minority shareholders.
4. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS
Save as disclosed in Section 2 above, none of the Directors and /or major shareholders of the SIB Group and/or persons connected to them have any interest, direct or indirect in the RRPT.
The interested Directors and major shareholders and persons connected to them have abstained and will continue to abstain from all deliberations on the RRPT at the meeting of the Board of SIB.
The direct and indirect interests of the Interested Directors and major shareholder of SIB are as per Table 2 attached herein.
5. FINANCIAL EFFECTS
The transaction is not expected to have any material effect on the issued and paid-up share capital, consolidated net assets per share and consolidated earnings per share of the SIB Group.
6. DIRECTORS' OPINION
The Board of SIB excluding the interested Directors, having taken into consideration all aspects of the RRPT, is of the opinion that the RRPT are in the best interest of SIB Group.
7. APPROVAL REQUIRED
The value of the RRPT do not exceed 5% of the Group's latest audited net asset as at 31 January 2010 of RM70,711,734 and as such, the RRPT are NOT subject to the approval of the shareholders of the Company or any other relevant authorities.
This announcement is dated 24th day of June 2010.
Attachments: TABLE 2 RRPT 2010.doc
TABLE 1 RRPT 2010.doc
Company Name: SAPURA INDUSTRIAL BERHAD
Stock Name: SAPIND
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: RECURRENT RELATED PARTY TRANSACTIONS
Contents: 1. INTRODUCTION
The Board of Directors of Sapura Industrial Berhad ("SIB") wishes to announce the Recurrent Related Party Transactions of a revenue or trading nature entered into by SIB and its subsidiaries ("SIB Group") ("RRPT"), which by way of aggregation exceeded 1%, being the higher prescribed limit pursuant to Paragraph 10.09 of the Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements").
2. RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Pursuant to Paragraph 10.09 of the Listing Requirements, the Company wishes to announce that SIB Group has entered into RRPT which are necessary for the day-to-day operations of SIB Group.
The details of the RRPT and the nature of the RRPT transacted are as set out in Table 1 attached hereto.
3. RATIONALE
The RRPT are necessary for the day-to-day operations of SIB Group, undertaken at arm's length, normal commercial terms, on terms not more favorable to the related party than those generally made available to the public and are not detrimental to the minority shareholders.
4. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS
Save as disclosed in Section 2 above, none of the Directors and /or major shareholders of the SIB Group and/or persons connected to them have any interest, direct or indirect in the RRPT.
The interested Directors and major shareholders and persons connected to them have abstained and will continue to abstain from all deliberations on the RRPT at the meeting of the Board of SIB.
The direct and indirect interests of the Interested Directors and major shareholder of SIB are as per Table 2 attached herein.
5. FINANCIAL EFFECTS
The transaction is not expected to have any material effect on the issued and paid-up share capital, consolidated net assets per share and consolidated earnings per share of the SIB Group.
6. DIRECTORS' OPINION
The Board of SIB excluding the interested Directors, having taken into consideration all aspects of the RRPT, is of the opinion that the RRPT are in the best interest of SIB Group.
7. APPROVAL REQUIRED
The value of the RRPT do not exceed 5% of the Group's latest audited net asset as at 31 January 2010 of RM70,711,734 and as such, the RRPT are NOT subject to the approval of the shareholders of the Company or any other relevant authorities.
This announcement is dated 24th day of June 2010.
Attachments: TABLE 2 RRPT 2010.doc
TABLE 1 RRPT 2010.doc
BREM - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 23/06/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 6,000
Minimum price paid for each share purchased ($$): 1.170
Maximum price paid for each share purchased ($$): 1.200
Total consideration paid ($$): 7,210.27
Number of shares purchased retained in treasury (units): 6,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,599,900
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.58
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 23/06/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 6,000
Minimum price paid for each share purchased ($$): 1.170
Maximum price paid for each share purchased ($$): 1.200
Total consideration paid ($$): 7,210.27
Number of shares purchased retained in treasury (units): 6,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,599,900
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 (%): 2.58
WWTKH - WAWASAN TKH HOLDINGS BERHAD ('WWTKH" or "the Company") - Ninth Annual General Meeting ("9th AGM")
Announcement Type: General Announcement
Company Name: WAWASAN TKH HOLDINGS BERHAD
Stock Name: WWTKH
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: WAWASAN TKH HOLDINGS BERHAD ('WWTKH" or "the Company")
- Ninth Annual General Meeting ("9th AGM")
Contents: The Board of Directors of WWTKH wishes to announce that all the resolutions tabled at the 9th AGM of the Company held on 24 June 2010 were duly passed by the shareholders.
Company Name: WAWASAN TKH HOLDINGS BERHAD
Stock Name: WWTKH
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: WAWASAN TKH HOLDINGS BERHAD ('WWTKH" or "the Company")
- Ninth Annual General Meeting ("9th AGM")
Contents: The Board of Directors of WWTKH wishes to announce that all the resolutions tabled at the 9th AGM of the Company held on 24 June 2010 were duly passed by the shareholders.
RPB - Proposed Disposal of Property
Announcement Type: General Announcement
Company Name: RELIANCE PACIFIC BERHAD
Stock Name: RPB
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Disposal of Property
Contents: Further to the announcement made on 22/6/2010 in respect of the above, we wish to clarify that the period of inspection of documents at our registered office should be 3 months instead of 2 months.
Company Name: RELIANCE PACIFIC BERHAD
Stock Name: RPB
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Disposal of Property
Contents: Further to the announcement made on 22/6/2010 in respect of the above, we wish to clarify that the period of inspection of documents at our registered office should be 3 months instead of 2 months.
MTD - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MTD CAPITAL BHD
Stock Name: MTD
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): 13,000
Minimum price paid for each share purchased ($$): 4.200
Maximum price paid for each share purchased ($$): 4.250
Total consideration paid ($$): 55,149.90
Number of shares purchased retained in treasury (units): 13,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 22,297,832
Adjusted issued capital after cancellation (no. of shares) (units): 275,000,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 8.11
Company Name: MTD CAPITAL BHD
Stock Name: MTD
Date Announced: 24/06/2010
Announcement Detail:
Date of buy back: 24/06/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 13,000
Minimum price paid for each share purchased ($$): 4.200
Maximum price paid for each share purchased ($$): 4.250
Total consideration paid ($$): 55,149.90
Number of shares purchased retained in treasury (units): 13,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 22,297,832
Adjusted issued capital after cancellation (no. of shares) (units): 275,000,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 8.11
ADVPKG - Results of Twenty-Eighth Annual General Meeting and Extraordinary General Meeting
Announcement Type: General Announcement
Submitting Merchant Bank: NIL
Company Name: ADVANCED PACKAGING TECHNOLOGY (M) BHD
Stock Name: ADVPKG
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Results of Twenty-Eighth Annual General Meeting and Extraordinary General Meeting
Contents: Advanced Packaging Technology (M) Bhd ("APT") is pleased to announce that all the resolutions contained in the Notice of the Twenty-Eighth Annual General Meeting and Extraordinary General Meeting dated 1 June 2010 of APT held at Hotel Equatorial Bangi-Putrajaya, Off Persiaran Bandar, 43650 Bandar Baru Bangi, Selangor Darul Ehsan on Thursday, 24 June 2010 were duly approved and passed.
Submitting Merchant Bank: NIL
Company Name: ADVANCED PACKAGING TECHNOLOGY (M) BHD
Stock Name: ADVPKG
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: Results of Twenty-Eighth Annual General Meeting and Extraordinary General Meeting
Contents: Advanced Packaging Technology (M) Bhd ("APT") is pleased to announce that all the resolutions contained in the Notice of the Twenty-Eighth Annual General Meeting and Extraordinary General Meeting dated 1 June 2010 of APT held at Hotel Equatorial Bangi-Putrajaya, Off Persiaran Bandar, 43650 Bandar Baru Bangi, Selangor Darul Ehsan on Thursday, 24 June 2010 were duly approved and passed.
LINEAR - Financial Condition
Announcement Type: Investor Alert Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Subject: Financial Condition
Contents: Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 23 June 2010.
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Subject: Financial Condition
Contents: Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 23 June 2010.
LINEAR - LINEAR - New admission into PN17
Announcement Type: Listing Circular
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Subject: LINEAR - New admission into PN17
Contents: Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 23 June 2010.
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Subject: LINEAR - New admission into PN17
Contents: Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 23 June 2010.
LINEAR - General Announcement
Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: RZ-100623-43876
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
DIVESTMENT OF ITS ENTIRE 40% MINORITY EQUITY INTEREST IN BOUSTEAD LINEAR CORPORATION SDN BHD ("BCL") TO MUTIARA RINI SDN BHD ("MRSB") FOR A TOTAL CASH CONSIDERATION OF RM2,500,000.00
Contents: With reference to your letter dated 23 June 2010, we provide the following:-
Query Letter content: We refer to your Company's announcement dated 22 June 2010 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1) to state the basis of arriving at the consideration of RM2.5 million;
2) to state the justification(s) for the consideration of RM2.5 million;
3) to also state the financial information on the assets which are the subject
matter of the transaction, including but not limited to net profits/loss
attributable to BLC, net assets of BLC and the share of profit/loss of BLC
attributable to Linear Corporation Berhad ("Linear") based on the latest
audited and unaudited account;
4) the timeframe for full utilisation of proceeds;
5) to state details of the directors of MRSB; and
6) the basis of Directors opinion that such transaction is in the best interest
of Linear.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
WCY/RZ
copy to:- General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Attachments: Jun 24 2010_BLCSB Summary Income Statement - Yr 2005 to Yr 2009(1).xls
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: RZ-100623-43876
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
DIVESTMENT OF ITS ENTIRE 40% MINORITY EQUITY INTEREST IN BOUSTEAD LINEAR CORPORATION SDN BHD ("BCL") TO MUTIARA RINI SDN BHD ("MRSB") FOR A TOTAL CASH CONSIDERATION OF RM2,500,000.00
Contents: With reference to your letter dated 23 June 2010, we provide the following:-
Query Letter content: We refer to your Company's announcement dated 22 June 2010 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1) to state the basis of arriving at the consideration of RM2.5 million;
2) to state the justification(s) for the consideration of RM2.5 million;
3) to also state the financial information on the assets which are the subject
matter of the transaction, including but not limited to net profits/loss
attributable to BLC, net assets of BLC and the share of profit/loss of BLC
attributable to Linear Corporation Berhad ("Linear") based on the latest
audited and unaudited account;
4) the timeframe for full utilisation of proceeds;
5) to state details of the directors of MRSB; and
6) the basis of Directors opinion that such transaction is in the best interest
of Linear.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
WCY/RZ
copy to:- General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Attachments: Jun 24 2010_BLCSB Summary Income Statement - Yr 2005 to Yr 2009(1).xls
LINEAR - General Announcement
Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
ARTICLE ENTITLED
"RAJENDRAM HAS SIGNED GUARANTEE ON KING DOME PROJECT"
Contents: ARTICLE ENTITLED
"RAJENDRAM HAS SIGNED GUARANTEE ON KING DOME PROJECT"
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 24/06/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
ARTICLE ENTITLED
"RAJENDRAM HAS SIGNED GUARANTEE ON KING DOME PROJECT"
Contents: ARTICLE ENTITLED
"RAJENDRAM HAS SIGNED GUARANTEE ON KING DOME PROJECT"
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