F&N - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: FRASER & NEAVE HOLDINGS BHD
Stock Name: F&N
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: FRASER & NEAVE HOLDINGS BHD ("F&N")
DISPOSAL BY F&N OF ITS 100% EQUITY INTEREST IN MALAYA GLASS PRODUCTS SDN BHD ("MGP") TO BERLI JUCKER PUBLIC COMPANY LIMITED AND ACI INTERNATIONAL PTY LTD (COLLECTIVELY, THE "PURCHASERS") FOR A TOTAL CASH CONSIDERATION OF UNITED STATES DOLLAR 221.7 MILLION ("DISPOSAL")
Contents: -
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: FRASER & NEAVE HOLDINGS BHD
Stock Name: F&N
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: FRASER & NEAVE HOLDINGS BHD ("F&N")
DISPOSAL BY F&N OF ITS 100% EQUITY INTEREST IN MALAYA GLASS PRODUCTS SDN BHD ("MGP") TO BERLI JUCKER PUBLIC COMPANY LIMITED AND ACI INTERNATIONAL PTY LTD (COLLECTIVELY, THE "PURCHASERS") FOR A TOTAL CASH CONSIDERATION OF UNITED STATES DOLLAR 221.7 MILLION ("DISPOSAL")
Contents: -
KOBAY - General Announcement
Announcement Type: General Announcement
Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: Quarterly disclosure pursuant to Paragraph 8.23(2)(e) of the Main Listing Requirements of Bursa Malaysia Securities Berhad in relation to the financial assistance provided by Kobay Group for the fourth financial quarter ended 30 June 2010.
Contents: Pursuant to paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Kobay Technology Bhd. ("Kobay") wishes to announce the financial assistance provided by Kobay Group for the fourth financial quarter ended 30 June 2010, as set out in the annexure.
Attachments: Kobay_BMQ4FY2010.pdf
Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: Quarterly disclosure pursuant to Paragraph 8.23(2)(e) of the Main Listing Requirements of Bursa Malaysia Securities Berhad in relation to the financial assistance provided by Kobay Group for the fourth financial quarter ended 30 June 2010.
Contents: Pursuant to paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Kobay Technology Bhd. ("Kobay") wishes to announce the financial assistance provided by Kobay Group for the fourth financial quarter ended 30 June 2010, as set out in the annexure.
Attachments: Kobay_BMQ4FY2010.pdf
KENMARK - KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company") - Winding-up petition
Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company")
- Winding-up petition
Contents: Further to the announcement dated 8 July 2010, the Company also wishes to inform that it is unable to quantify the full impact of the expected losses arising from the winding up proceedings but of immediate effect would be the loss on use of the credit facilities from the banks and a write down on the cost of investment in the subsidiary to be wound up, together amounting to RM130 million.
This announcement is dated 9 July 2010.
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company")
- Winding-up petition
Contents: Further to the announcement dated 8 July 2010, the Company also wishes to inform that it is unable to quantify the full impact of the expected losses arising from the winding up proceedings but of immediate effect would be the loss on use of the credit facilities from the banks and a write down on the cost of investment in the subsidiary to be wound up, together amounting to RM130 million.
This announcement is dated 9 July 2010.
KENMARK - General Announcement
Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company")
- PN1 Announcement - Default in Banking Facilities from RHB Bank Berhad
Contents: Pursuant to Practice Note 1, the Company wishes to inform that the Company has on 14 June 2010 defaulted on the banking facilities from RHB Bank Berhad ("the Bank"). The Company has unsecured credit facilities of RM3.0 million from the Bank and as at 14 June 2010 there is an amount outstanding of RM2,160,086.85. ("the outstanding sum")
The default arose as the Company was unable to settle the outstanding sum upon the termination of the Banking Facilities on 1 June 2010 following the May 2010 incident.
This together with the other defaults announced earlier will have a material financial and operational impact on the Group. The Company is unable to provide a solvency declaration. The appointed Advisors, Ferrier Hodgson MH Sdn Bhd is still in the midst of assessing the financial position of the Group.
The default will constitute an event of default on the other credit facilities of the Company and its subsidiary companies.
This announcement is dated 9 July 2010.
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 09/07/2010
Announcement Detail:
Type: Announcement
Subject: KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company")
- PN1 Announcement - Default in Banking Facilities from RHB Bank Berhad
Contents: Pursuant to Practice Note 1, the Company wishes to inform that the Company has on 14 June 2010 defaulted on the banking facilities from RHB Bank Berhad ("the Bank"). The Company has unsecured credit facilities of RM3.0 million from the Bank and as at 14 June 2010 there is an amount outstanding of RM2,160,086.85. ("the outstanding sum")
The default arose as the Company was unable to settle the outstanding sum upon the termination of the Banking Facilities on 1 June 2010 following the May 2010 incident.
This together with the other defaults announced earlier will have a material financial and operational impact on the Group. The Company is unable to provide a solvency declaration. The appointed Advisors, Ferrier Hodgson MH Sdn Bhd is still in the midst of assessing the financial position of the Group.
The default will constitute an event of default on the other credit facilities of the Company and its subsidiary companies.
This announcement is dated 9 July 2010.
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