July 20, 2010

Company announcements: AMTEL, SILVER, CAB, SUCCESS, MESB, SCOMIEN, AXIS, MAGNA, MAHSING, GADANG

AMTEL - General Announcement

Announcement Type: General Announcement
Company Name: AMTEL HOLDINGS BERHAD
Stock Name: AMTEL
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: AMTEL HOLDINGS BERHAD ("AHB" or "The Company")

- DISPOSAL OF A PARCEL OF DEVELOPMENT LAND OWNED BY METRARAMA SDN BHD, A WHOLLY OWNED SUBSIDIARY OF AMTEL HOLDINGS BERHAD PURSUANT TO SHAREHOLDERS' MANDATE OBTAINED AT EXTRAORDINARY GENERAL MEETING HELD ON 8 SEPTEMBER 2005 ("THE DISPOSAL")

Contents: The Board of Directors of AHB is pleased to announce that the Company's wholly owned subsidiary, Metrarama Sdn Bhd ("MSB") has completed the disposal of its properties held under Lot Nos. 41, 80 and 4154-4165, Mukim 1, District of Province Wellesley Central, State of Penang ("the Land") on 18 July 2010 for an aggregate cash consideration of RM16.502 million pursuant to the shareholders' mandate obtained at the Extraordinary General Meeting held on 8 September 2005 ("EGM"). MSB is principally involved in property investment.


SILVER - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: KAF INVESTMENT BANK BERHAD
Company Name: SILVER BIRD GROUP BERHAD
Stock Name: SILVER
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: SILVER BIRD GROUP BERHAD ("SILVER BIRD" OR "THE COMPANY")

- PROPOSED PRIVATE PLACEMENT OF UP TO 19,500,000 NEW ORDINARY SHARES OF RM0.50 EACH IN SILVER BIRD TO QUALIFIED PLACEES REPRESENTING 5.3% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF SILVER BIRD AT AN ISSUE PRICE OF RM0.70 PER SHARE ("PROPOSED PRIVATE PLACEMENT")

Contents: On behalf of the Board of Directors of Silver Bird, KAF Investment Bank Berhad wishes to announce that the Company proposes to undertake a private placement of up to 19,500,000 new ordinary shares in Silver Bird to qualified placees.

Further details on the Proposed Private Placement are set out in the attachment below.

This announcement is dated 20 July 2010.

Attachments: Ann_Proposed PP_19 5m.pdf


CAB - General Announcement

Announcement Type: General Announcement
Company Name: CAB CAKARAN CORPORATION BERHAD
Stock Name: CAB
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: KUALA LUMPUR HIGH COURT, COMPANIES (WINDING-UP) NO. 25NCC-178-2010
(KUALA LUMPUR HIGH COURT SUIT NO. S4-22-450-2006)
WELLPRADE SDN. BHD. vs KYROS INTERNATIONAL SDN. BHD.

Contents: KUALA LUMPUR HIGH COURT, COMPANIES (WINDING-UP) NO. 25NCC-178-2010
(KUALA LUMPUR HIGH COURT SUIT NO. S4-22-450-2006)
WELLPRADE SDN. BHD. vs KYROS INTERNATIONAL SDN. BHD.


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: 20/07/2010

Announcement Detail:
Date of buy back: 20/07/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 9,000

Minimum price paid for each share purchased ($$): 1.170

Maximum price paid for each share purchased ($$): 1.180

Total consideration paid ($$): 10,549.80

Number of shares purchased retained in treasury (units): 9,000

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

Cumulative net outstanding treasury shares as at to-date (units): 6,525,500

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 (%): 5.44


MESB - General Announcement

Announcement Type: General Announcement
Company Name: MESB BERHAD
Stock Name: MESB
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: MESB BERHAD ("MESB" or "the Company")
-Status update
-Kuala Lumpur High Court Winding Up No. D-28NCC-315-2010
Zelleco Engineering Sdn Bhd Vs Maintenance Engineering Sdn Bhd

Contents: Further to our announcements dated 26 March 2010, 30 March 2010, 1 April 2010 and 13 May 2010, the Board of Directors of MESB Berhad wishes to update that Maintenance Engineering Sdn Bhd, a wholly owned subsidiary of the Company had today, was served a sealed copy of the Summons in Chambers ("SIC") dated 6 July 2010.

In regard to the SIC, the High Court has fixed on 9 August 2010 at 8.30 a.m. for hearing of the above matter.

This announcement is dated 20 July 2010.


SCOMIEN - SCOMI ENGINEERING BHD ("SEB" or "the Company") - to Confirm, Clarify or Deny Rumor

Announcement Type: General Announcement
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: SCOMI ENGINEERING BHD ("SEB" or "the Company")
- to Confirm, Clarify or Deny Rumor

Contents: We refer to the Article entitled "Small-caps to grab limelight" appearing in the New Straits Times Business Times, page B16 on Monday 19 July 2010 which states as follows:

"The grapevine has it that Scomi Engineering has been awarded a RM400 million contract to supply 48 coaches (12 four-coach sets) for the Kuala Lumpur Monorail but an official announcement is pending a final discussion with Syarikat Prasarana Negara to tie up some loose ends on additional requirements"

The Company wishes to clarify that Scomi Engineering has submitted a proposal for Kuala Lumpur Monorail Project to Syarikat Prasarana Negara Berhad ("Prasarana") on 19 July 2010. However the Company is in discussion with Prasarana in relation to the proposed project. The Company will make the appropriate announcement if or when we receive an award connected with this Project in accordance with the Listing Requirements.

This Announcement is dated 20 July 2010.


AXIS - General Announcement

Announcement Type: General Announcement
Company Name: AXIS INCORPORATION BERHAD
Stock Name: AXIS
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: AXIS INCORPORATION BERHAD ("AXIS" or "the Company")
- Update on status of Winding-Up Petition by Tarmah Sewing Machine (M) Sdn Bhd ("Tarmah") against Chongee Enterprise Sdn Bhd ("CESB"), a wholly-owned subsidiary of the Company

Contents: Further to the announcement dated 23 June 2010 on the Winding-Up Petition filed to the High Court of Malaya at Johor Bahru on 26 April 2010 by Tarmah against CESB.

On 16 July 2010, the plaintif solicitor has withdrawn the petition filed with The High Court of Malaya at Johor Bahru with no order as to costs.

This announcement is dated 20 July 2010.


MAGNA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: MAGNA PRIMA BERHAD
Stock Name: MAGNA
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: MAGNA PRIMA BERHAD ("MPB" OR THE "COMPANY")

PROPOSED ACQUISITION BY CROSSBORDER TEAM (M) SDN BHD ("PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF MPB FROM MUAFAKAT KEKAL SDN BHD ("VENDOR") OF A PIECE OF LEASEHOLD LAND HELD UNDER TITLE NO. PM 2780, LOT 2466, TOWN OF SELAYANG, DISTRICT OF GOMBAK, SELANGOR DARUL EHSAN FOR A PURCHASE CONSIDERATION OF RM16,500,000 TO BE SATISFIED BY THE ISSUANCE OF 33,000,000 NEW ORDINARY SHARES OF RM0.25 EACH IN MPB ("MPB SHARES") AT AN ISSUE PRICE OF RM0.50 PER MPB SHARE ("PROPOSED SELAYANG LAND ACQUISITION")

Contents: Further to the announcements dated 14 October 2009, 1 December 2009, 7 December 2009, 20 January 2010, 5 April 2010 and 15 April 2010, M&A Securities Sdn Bhd on behalf of the Company wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 16 July 2010 (which was received on 19 July 2010) approved in-principle the listing of and quotation for the MPB Shares to be issued pursuant to the Proposed Selayang Land Acquisition.

The abovesaid approval in-principle is subject to the following conditions:-

(i) MPB and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Selayang Land Acquisition;

(ii) MPB and its adviser to inform Bursa Securities upon the completion of the Proposed Selayang Land Acquisition;

(iii) To incorporate Bursa Securities' comments in respect of the Company's circular to shareholders;

(iv) MPB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Selayang Land Acquisition is completed; and

(v) To furnish a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed Selayang Land Acquisition.

This announcement is dated 20 July 2010.


MAHSING - General Announcement

Announcement Type: General Announcement
Company Name: MAH SING GROUP BERHAD
Stock Name: MAHSING
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")

PROPOSED ACQUISITION OF ALL THAT PIECE OF PRIME FREEHOLD LAND IN PYKETT AVENUE, GEORGETOWN MEASURING IN TOTAL APPROXIMATELY 13,694.94 SQUARE METRES (3.38 ACRES), THROUGH MAH SING'S WHOLLY-OWNED SUBSIDIARY, KLASSIK TROPIKA DEVELOPMENT SDN BHD FROM KHAW BIAN CHENG SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM38,651,118 OR APPROXIMATELY RM262.19 PER SQUARE FOOT ("PROPOSED ACQUISITION")

Contents: Further to our announcement on 2 December 2009, the Board of Directors of Mah Sing wishes to announce that the Proposed Acquisition has been completed.


This announcement is dated 20 July 2010.


GADANG - Notice of Extraordinary General Meeting

Announcement Type: General Announcement
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 20/07/2010

Announcement Detail:
Type: Announcement

Subject: Notice of Extraordinary General Meeting

Contents: The Board of Directors of Gadang Holdings Berhad ("the Company") wishes to announce that an Extraordinary General Meeting ("EGM") of the Company will be held at Kiara Room, Sri Damansara Club, Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur on Thursday, 12 August 2010 at 10.00 a.m., for the purpose of considering and, if thought fit, passing the resolutions as set out in the Notice of EGM attached herewith.

Please refer to the attached file for the full text of the Notice of EGM.

This announcement is dated 20 July 2010.

Attachments: GadangEGM.pdf



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