June 17, 2010

Company announcements: SMISCOR, ENGKAH, SCOMI, KBB, PPG, COCOLND, SUCCESS, BSLCORP

SMISCOR - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SMIS CORPORATION BERHAD
Stock Name: SMISCOR
Date Announced: 16/06/2010

Announcement Detail:
Date of buy back: 16/06/2010

Description of shares purchased: Ordinary Shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 20,000

Minimum price paid for each share purchased ($$): 0.495

Maximum price paid for each share purchased ($$): 0.500

Total consideration paid ($$): 10,044.32

Number of shares purchased retained in treasury (units): 20,000

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

Cumulative net outstanding treasury shares as at to-date (units): 2,489,100

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.56


ENGKAH - ENGKAH - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company Name: ENG KAH CORPORATION BERHAD
Stock Name: ENGKAH
Date Announced: 16/06/2010

Announcement Detail:
Subject: ENGKAH - NOTICE OF BOOK CLOSURE

Contents: First Tax Exempt Interim Dividend of 3.75 sen per share

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 28 June 2010 ]

2) The last date of lodgement : [ 30 June 2010 ]

3) Date Payable : [ 16 July 2010 ]


SCOMI - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name: SCOMI GROUP BERHAD
Stock Name: SCOMI
Date Announced: 16/06/2010

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: Others

Details of corporate proposal: Conversion of Irredeemable Convertible Secured Loan Stocks ("ICSLS") to Ordinary Shares

No. of shares issued under this corporate proposal: 742,775

Issue price per share ($$): MYR 0.400

Par Value ($$): MYR 0.100

Units: 1,172,474,295

Currency: MYR 117,247,429.500

Listing Date: 17/06/2010


KBB - General Announcement

Announcement Type: General Announcement
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 16/06/2010

Announcement Detail:
Type: Announcement

Subject: KBB RESOURCES BERHAD
ANNOUNCEMENT ON THE RESULTS OF THE EIGHTH ANNUAL GENERAL MEETING HELD ON 16 JUNE 2010

Contents: The Board of Directors of KBB Resources Berhad (the "Company") is pleased to announce that, save for Dato' Huang Sin Cheng who did not seek for re-election, and thus retired from the Company, the shareholders of the Company had at the Eighth Annual General Meeting ("AGM") duly held on 16 June 2010, approved all the resolutions as prescribed in the Notice of AGM dated 25 May 2010.

This announcement is dated 16 June 2010.


KBB - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 16/06/2010

Announcement Detail:
Date of change: 16/06/2010

Type of change: Retirement

Designation: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Dato' Huang Sin Cheng

Age: 66

Nationality: Malaysian

Qualifications: He graduated with Bachelor of Arts (Hons) from the University of Malaysia in 1967 and obtained a Banking Diploma from the Institute of Bankers, London in 1971. He is also a Fellow of the Institute of Bankers Malaysia.

Working experience and occupation: He began his career at the University of Malaya in 1967 as a tutor before joining Bank Negara Malaysia as an Administrative Officer in the same year. He was seconded by Bank Negara to Cagamas Berhad as its Chief Executive in 1981. Dato' Huang re-joined Bank Negara Malaysia in 1998 as Assistant Governor and was Deputy Governor of Bank Negara from 2000 until he retired in 2002.

Directorship of public companies (if any): SME Bank Berhad, Cagamas MBS Berhad and Global Maritime Ventures Berhad Group.

Family relationship with any director and/or major shareholder of the listed issuer: Dato' Huang has no family relationship with any director and/or major shareholder of KBB Resources Berhad.

Any conflict of interests that he/she has with the listed issuer: Dato' Huang has no conflict of interest with KBB Resources Berhad and holds no shares in KBB Resources Berhad.

Details of any interest in the securities of the listed issuer or its subsidiaries: Dato' Huang has no interest in the securities of KBB Resources Berhad or its subsidiaries.


PPG - PROPOSED EXEMPTION

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: PELANGI PUBLISHING GROUP BHD.
Stock Name: PPG
Date Announced: 16/06/2010

Announcement Detail:
Type: Announcement

Subject: PROPOSED EXEMPTION

Contents: We refer to the announcement made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of PPGB ("Board") on 14 April 2010.

On behalf of the Board, OSK is pleased to announce that the Securities Commission ("SC") had, vide its letter dated 14 June 2010 approved the Proposed Exemption. Further thereto, OSK, Sum Kown Cheek and the persons acting-in-concert with him ("PAC") are required to inform the SC upon the expiry of the purchase by PPGB of up to ten percent (10%) of its issued and paid-up share capital.

Pursuant to paragraph 10, Practice Note 2.9.10 of the Malaysian Code on Take-Overs and Mergers, 1998, Sum Kown Cheek and the PAC must at all times disclose to the SC all acquisitions, purchases or entitlements to acquire or purchase voting shares of PPGB made by them in a twelve (12)-month period from the date of the granting of the Proposed Exemption.

This announcement is dated 16 June 2010.


COCOLND - Article entitled "COCOALAND TARGETS RM10M FROM BEVERAGE PRODUCTS"

Announcement Type: General Announcement
Company Name: COCOALAND HOLDINGS BERHAD
Stock Name: COCOLND
Date Announced: 16/06/2010

Announcement Detail:
Type: Announcement

Subject: Article entitled "COCOALAND TARGETS RM10M FROM BEVERAGE PRODUCTS"

Contents: We refer to the Article appearing in The Malaysian Reserve, page 1 on Wednesday, 16 June 2010 entitled "Cocoaland targets RM10m from beverage products", in particular, the following statement:

"Cocoaland Holdings Bhd, a sweets and chocolate maker, is breaking into the fruit beverage business which it estimates will increase its net profit to RM30 million for financial year (FY) 2011, up from RM19.69 million in FY09."

The Board of Directors of Cocoaland Holdings Berhad ("Company") wishes to clarify that the aforesaid estimated net profit for FY 2011 is derived based on the Group's sales recorded to date and internal growth targets and has not been reviewed by the Company's external auditors.

This announcement is dated 16 June 2010.


SUCCESS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 16/06/2010

Announcement Detail:
Date of buy back: 16/06/2010

Description of shares purchased: Ordinary shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 1,247,000

Minimum price paid for each share purchased ($$): 1.190

Maximum price paid for each share purchased ($$): 1.200

Total consideration paid ($$): 1,495,651.80

Number of shares purchased retained in treasury (units): 1,247,000

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

Cumulative net outstanding treasury shares as at to-date (units): 5,158,300

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 (%): 4.30


BSLCORP - General Announcement

Announcement Type: General Announcement
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 16/06/2010

Announcement Detail:
Type: Announcement

Subject: BSL Corporation Berhad ("BSL")
- Proposed Disposal of a vacant land by Ban Seng Lee Industries Sdn Bhd (40335-P) ("BSLI") a wholly owned subsidiary of BSL

Contents: 1. INTRODUCTION

The Board of Directors of BSL is pleased to announce that BSLI had on 16 June, 2010 entered into a Sale and Purchase Agreement ("SPA") with Soon Seng Truck & Parts Sdn Bhd (834869-X)("the Purchaser") of for the disposal of a piece of the vacant land held under PN 41844 Lot 35338, Mukim of Labu, Daerah Seremban, Negeri Sembilan measuring approximately 5.4 acres("the Property") for a total cash consideration sum of Ringgit Malaysia Three Million Three Hundred Thousand (RM3,300,000.00)("the Purchase price") only ("Proposed Disposal").

2. THE DETAILS OF THE PROPOSED DISPOSAL

Details of the Property to be disposed pursuant to the SPA are as follows:-

Title Lot No. Mukim/Bandar Area

PN 41844 Lot 35338 Mukim of Labu 5.4 acres

The audited net book value of the Property as at 31 August, 2009 was RM2,810,148.00.

3. EFFECTS OF THE PROPOSED DISPOSAL


3.1 Share Capital and substantial shareholders' shareholdings

The Proposed Acquisitions will not have any effect on the issued and paid-up share capital and substantial shareholders' Shareholdings of the Company.


3.2 Net assets per share and earnings per share

The Proposed Disposal is not expected have any material impact on the consolidated earnings and earnings per share of BSL for the financial year ending 31 August, 2010.

3.3 Net Asset and Gearing

The Proposed Disposal is not expected to have any material effect on the consolidated Net Asset per share of the Group.

3.4 Liabilities to be Assumed

There is no liabilities to be assumed by the purchaser arising from the Proposed Disposal.


4. HIGHEST PERCENTAGE RATIO APPLICABLE

The highest percentage ratio applicable to the Proposed Disposal is 4.67%.

5. APPROVAL REQUIRED

Pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Proposed Disposal of the said Property is not subject to the approval of the shareholders of BSL as it falls below the 25% of the percentage ratios.

6. INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND / OR PERSONS CONNECTED TO THEM

None of the directors, major shareholders of BSL and/or persons connected to them has any interest, direct or indirect in the Proposed Disposal.

7. DIRECTORS' RECOMMENDATION

The Board, having considered all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interest of the BSL Group.

8. DOCUMENTS FOR INSPECTION

A copy of the SPA will be made available for inspection during normal business hours from Monday to Friday (except public holidays) at the Vendor's registered office address at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur for a period of three (3) months from the date of this announcement.

This Announcement is dated 16 June, 2010.


BSLCORP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 16/06/2010

Announcement Detail:
Date of buy back: 16/06/2010

Description of shares purchased: Ordinary Shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 27,600

Minimum price paid for each share purchased ($$): 0.250

Maximum price paid for each share purchased ($$): 0.250

Total consideration paid ($$): 6,950.47

Number of shares purchased retained in treasury (units): 27,600

Cumulative net outstanding treasury shares as at to-date (units): 244,300

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.25



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