June 17, 2010

Company announcements: SUCCESS, IRMGRP, BSLCORP, PA, UMSNGB, TGOFFS, SUPERLN

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: 17/06/2010

Announcement Detail:
Date of buy back: 17/06/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 865,000

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

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

Total consideration paid ($$): 1,037,654.00

Number of shares purchased retained in treasury (units): 865,000

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

Cumulative net outstanding treasury shares as at to-date (units): 6,023,300

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 (%): 5.02


IRMGRP - IRM GROUP BERHAD ("IRM" or "the Company") - SIXTH ANNUAL GENERAL MEETING ("6th AGM")

Announcement Type: General Announcement
Company Name: IRM GROUP BERHAD
Stock Name: IRMGRP
Date Announced: 17/06/2010

Announcement Detail:
Type: Announcement

Subject: IRM GROUP BERHAD ("IRM" or "the Company")
- SIXTH ANNUAL GENERAL MEETING ("6th AGM")

Contents: The Board of Directors of IRM wishes to inform that all the resolutions as per the Notice of 6th AGM dated 26 May 2010 were duly passed at the 6th AGM of the Company held at Kenanga Room, Sri Damansara Club Berhad, Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur on Thursday, 17 June 2010 at 10:00 a.m.

This announcement is dated 17 June 2010.


BSLCORP - BSL Corporation Berhad - Proposed disposal of a vacant land by Ban Seng Lee Industries Sdn Bhd

Announcement Type: General Announcement
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 17/06/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-100617-38553

Subject: BSL Corporation Berhad
- Proposed disposal of a vacant land by Ban Seng Lee Industries Sdn Bhd

Contents: We refer to Bursa Malaysia Securities Berhad letter dated 17 June 2010 and furnished herewith the additional information for public release:-

1. The basis in arriving at the disposal consideration

Answer : The Purchase Price was arrived at on a willing buyer willing seller basis, negotiated between the Vendor & the Purchaser and after taking into consideration the net book value of the property and the valuation carried out by Henry Butcher Malaysia Sdn Bhd on 29 August, 2007 at the market value of RM3.0 million.

2. Whether any valuation was carried out on the land. If so, the name of the independent registered valuer, date and method of valuation and quantification of the market value;

Answer : A Valuation had been carried out by Henry Butcher Malaysia Sdn Bhd on 29 August, 2007 using comparison method at the market value of RM3.0 million.

3. The proposed utilization of proceeds, including the breakdown and timeframe for full utilization of proceeds;

Answer : The proposed utilization of the proceeds are as follows:-.

Description Amount Time frame for utilization of proceeds
Repayment of bank loan RM1,000,000.00 October 2010
Capex - Plant & Machinery RM2,000,000.00 November 2010
Working capital & disbursements RM300,000.00 As utilization as working capital is an ongoing basis, thus no specific timeframe for the full utilization

4. The expected gain or loss on disposal

Answer : The expected gain arising from the Proposed Disposal is approximately RM460,000.00 after taking into consideration the audited net book value of the land as at 31 August, 2009 and estimated disbursement of RM30,000.00

5. The term of the tenure of the land

Answer : A leasehold land to be expired on 22 August, 2095

6. The type of the land.

Answer: Industrial land


Query letter content :

We refer to your Company's announcements dated 16 June 2010, in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with the following additional information for public release:-

1. The basis in arriving at the disposal consideration;
2. Whether any valuation was carried out on the land. If so, the name of the independent registered valuer, date and method of valuation and quantification of the market value;
3. The proposed utilization of proceeds, including the breakdown and timeframe for full utilization of proceeds;
4. The expected gain or loss on disposal;
5. The term of the tenure of the land. If leasehold, the expiry date of the lease; and
6. The type of land i.e. agricultural, industrial, commercial etc.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully,

HENG TECK HENG
Senior Manager, Issuers
Listing Division
Regulation

HTH/IJ
copy to:- Head, Market Surveillance, Securities Commission (via fax)

Query Letter content: We refer to your Company's announcements dated 16 June 2010, in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

The basis in arriving at the disposal consideration;
Whether any valuation was carried out on the land. If so, the name of the
independent registered valuer, date and method of valuation and quantification
of the market value;
The proposed utilisation of proceeds, including the breakdown and timeframe for
full utilisation of proceeds;
The expected gain or loss on disposal;
The term of the tenure of the land. If leasehold, the expiry date of the lease;
and
The type of land i.e. agricultural, industrial, commercial etc.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully




HENG TECK HENG
Senior Manager, Issuers
Listing Division
Regulation

HTH/IJ
copy to:- Head, Market Surveillance, Securities Commission (via fax)


PA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: P.A. RESOURCES BERHAD
Stock Name: PA
Date Announced: 17/06/2010

Announcement Detail:
Type: Announcement

Subject: P.A. RESOURCES BERHAD ("PARB" OR THE "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF UP TO 66,792,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PARB ("PARB SHARES") ("RIGHTS SHARES") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING PARB SHARES HELD TOGETHER WITH UP TO 66,792,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED AT 5.00 P.M. ON 25 JUNE 2010 ("RIGHTS ISSUE WITH WARRANTS")

Contents: We refer to the announcements made by OSK Investment Bank Berhad ("OSK") on behalf of the Board of Directors of PARB ("Board") on 17 December 2009, 4 January 2010, 18 January 2010, 10 June 2010 and 11 June 2010 in relation the Rights Issue with Warrants.

On behalf of the Board, OSK wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 16 June 2010, have granted PARB an extension of time of one (1) month from 15 July 2010 until 15 August 2010 to complete the implementation of the Rights Issue with Warrants.


This announcement is dated 17 June 2010.


UMSNGB - General Announcement

Announcement Type: General Announcement
Company Name: UMS-NEIKEN GROUP BERHAD
Stock Name: UMSNGB
Date Announced: 17/06/2010

Announcement Detail:
Type: Announcement

Subject: UMS-NEIKEN GROUP BERHAD ("UMSNGB" or "the Company")
- Acquisition of 10% Equity Interest in UMS-Universal Sales & Services Sdn Bhd ("UMSUSS")

Contents: The Board of Directors of UMSNGB wishes to announce that the Company had on 17 June 2010, acquired 10 ordinary shares of RM1.00 each ("OS"), representing 10% of the total issued and paid up capital of UMSUSS from Chuong Whan Noong (NRIC No. 770128-14-5649) for a total cash consideration of RM70,000.00 (Ringgit Malaysia Seventy Thousand) only.

With the acquisition of shares in UMSUSS together with the share in United MS Electrical Mfg. (M) Sdn Bhd, UMSNGB now owns 100% of the total issued and paid-up share capital of UMSUSS.

None of the Directors and/or Major Shareholders of UMSNGB and/or persons connected with Directors and/or Major Shareholders has any interest, direct or indirect, in the above transaction.

This announcement is dated 17 June 2010.


TGOFFS - TANJUNG OFFSHORE BERHAD ("TANJUNG" OR THE "COMPANY") NOTICE OF SUSPENSION IN TRADING OF SECURITIES

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 17/06/2010

Announcement Detail:
Type: Announcement

Subject: TANJUNG OFFSHORE BERHAD ("TANJUNG" OR THE "COMPANY")

NOTICE OF SUSPENSION IN TRADING OF SECURITIES

Contents: On behalf of the Board of Directors of Tanjung, AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that there will be a suspension in the trading of the Company's securities on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") with effect from 2.30 p.m. to 5.00 p.m. on Thursday, 17 June 2010 pursuant to paragraphs 16.03 and 3.1(b) of Practice Note 2 on Requests For Suspension, of the Main Market Listing Requirements of Bursa Securities pending a material announcement to be made.

This announcement is dated 17 June 2010.


TGOFFS - TGOFFS-Suspension of Trading

Announcement Type: Listing Circular
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 17/06/2010

Announcement Detail:
Subject: TGOFFS-Suspension of Trading

Contents: Kindly be advised that at the request of the above Company, trading in its securities will be suspended with effect from 2.30 p.m., Thursday, 17 June 2010 pending an announcement.


TGOFFS - TANJUNG OFFSHORE BERHAD

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 17/06/2010

Announcement Detail:
Type: Announcement

Subject: TANJUNG OFFSHORE BERHAD

Contents: PROPOSED EQUITY PARTICIPATION BY E-CAP (INTERNAL) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF EKUITI NASIONAL BERHAD IN TANJUNG OFFSHORE BERHAD

Attachments: Tanjung Offshore Berhad - Proposed Equity Participation.pdf


TGOFFS - TGOFFS-Resumption of Trading

Announcement Type: Listing Circular
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 17/06/2010

Announcement Detail:
Subject: TGOFFS-Resumption of Trading

Contents: Further to Listing's Circular No. L/Q 57508 of 2010, kindly be advised that trading in the above Company's securities will resume with effect from 9.00 a.m., Friday, 18 June 2010.

Your attention is drawn to TGOFF's announcement dated 17June 2010.


SUPERLN - Change of Address

Announcement Type: Change of Address
Company Name: SUPERLON HOLDINGS BERHAD
Stock Name: SUPERLN
Date Announced: 17/06/2010

Announcement Detail:
Change description: Registered

Old address: A-11-3 (Suite 2), Northpoint Offices
Mid Valley City
No. 1 Medan Syed Putra Utara
59200 Kuala Lumpur

New address: 3-2, 3rd Mile Square
No. 151 Jalan Kelang Lama
Batu 3�
58100 Kuala Lumpur

Telephone no: 03-79875300

Facsimile no: 03-79875200

Effective date: 17/06/2010



No comments:

Post a Comment