June 25, 2010

Company announcements: TWSCORP, SCOMI

TWSCORP - General Announcement

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

Announcement Detail:
Type: Announcement

Subject: PROPOSED INTERNAL REORGANISATION BY WAY OF TRANSFER OF 100% EQUITY INTEREST IN THR HOTEL (KL) SDN BHD BY TRADEWINDS HOTELS & RESORTS SDN BHD A 95.5% SUBSIDIARY TO TRADEWINDS CORPORATION BERHAD FOR A CASH CONSIDERATION OF RM1 ("PROPOSED RE-ORGANISATION")

Contents: INTRODUCTION

The Board of Directors of Tradewinds Corporation Berhad ("TCB") wishes to announce that pursuant to its Proposed Re-organization, its subsidiary, Tradewinds Hotels & Resorts Sdn Bhd (THRSB) had on 25 June 2010 entered into a Sale of Shares Agreement ("SSA") with TCB to facilitate the transfer of its 100% equity interest in THR Hotel (KL) Sdn Bhd ("THR KL") comprising of 69,200,000 ordinary shares of RM1 each to TCB for a cash consideration of RM1.


SCOMI - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name: SCOMI GROUP BERHAD
Stock Name: SCOMI
Date Announced: 25/06/2010

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

Types of corporate proposal: ESOS

Details of corporate proposal: Exercise of options granted under Employees' Share Option Scheme ("ESOS")

No. of shares issued under this corporate proposal: 16,000

Issue price per share ($$): MYR 0.170

Par Value ($$): MYR 0.100

Units: 1,172,490,295

Currency: MYR 117,249,029.500

Listing Date: 28/06/2010



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