July 12, 2010

Company announcements: GLBHD, SHH, AXIS, MAYPAK, GFB, KYM, LBICAP, CRESBLD, LPI, BREM

GLBHD - CROP PRODUCTION FOR THE MONTH OF JUNE 2010

Announcement Type: General Announcement
Company Name: GOLDEN LAND BERHAD
Stock Name: GLBHD
Date Announced: 12/07/2010

Announcement Detail:
Type: Announcement

Subject: CROP PRODUCTION FOR THE MONTH OF JUNE 2010

Contents: We are pleased to announce the production of our Group for the month of June 2010 as follows:-


SHH - Public Shareholding Spread

Announcement Type: General Announcement
Company Name: SHH RESOURCES HOLDINGS BERHAD
Stock Name: SHH
Date Announced: 12/07/2010

Announcement Detail:
Type: Announcement

Subject: Public Shareholding Spread

Contents: The Board of Directors wishes to announce that the public shareholding spread of the Company as at 30 June 2010 is 23.36%. The percentage represents a shortfall of 1.64% from the minimum percentage of 25% of the total issued and paid-up share capital of the Company.

As such, the Company does not comply with Paragraph 8.02(1) of the Listing Requirements of Bursa Securities for Main Market whereby at least 25% of its total listed shares are in the hands of public shareholders.

Pursuant to the above, the Company will be submitting an application to seek the approval of Bursa Malaysia for an extension of time to comply with the public shareholding spread.

The Company is still in the process of formulating and finalising a formal rectification plan which may include, inter-alia, encouraging the Company's employees, customers and suppliers to invest in the Company and promoting the Company and its business activities to increase the Company's publicity and awareness amongst the general public and its business associates.


AXIS - General Announcement

Announcement Type: General Announcement
Company Name: AXIS INCORPORATION BERHAD
Stock Name: AXIS
Date Announced: 12/07/2010

Announcement Detail:
Type: Announcement

Subject: AXIS INCORPORATION BERHAD ("the Company")
- Settlement of Outstanding Facilities of GBC Marketing Pte. Ltd., a wholly-owned subsidiary of the Company with The Bank of East Asia Limited

Contents: The Board of Directors of the Company wishes to announce that GBC Marketing Pte Ltd ("GBC"), a wholly-owned subsidiary of the Company has reached a settlement of its outstanding facilities with The Bank of East Asia Limited ("BEA") for an aggregate settlement sum of SGD800,000.00.

The sums outstanding to BEA as at 28th August 2008 was SGD3,470,675.07.

Upon settlement, the Memorandum of Satisfaction of Registered Charge of GBC pertaining thereto had been lodged with the Register of Companies & Businesses, Singapore accordingly on 7th July 2010.

This announcement is dated 12 July 2010.


MAYPAK - Fire Incident

Announcement Type: General Announcement
Company Name: MALAYSIA PACKAGING INDUSTRY BERHAD
Stock Name: MAYPAK
Date Announced: 12/07/2010

Announcement Detail:
Type: Announcement

Subject: Fire Incident

Contents: Malaysia Packaging Industry Berhad wishes to announce that, on 11 July 2010 at about 11.50 a.m., a fire had occurred at the curing room of the main production block located at Lot 3, Jalan Kuchai Lama, 58200 Kuala Lumpur, Malaysia.

The cause of the fire is still being investigated. The damage and consequential loss are adequately covered by insurance. There was no physical injury occurred to any personnel.

As a result of the fire, there is a temporary disruption in the production operation. Remedial action to minimize the disruption has been taken and the management expects normal production to commence as soon as practicable.


GFB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 12/07/2010

Announcement Detail:
Date of buy back: 12/07/2010

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 10,000

Minimum price paid for each share purchased ($$): 1.380

Maximum price paid for each share purchased ($$): 1.390

Total consideration paid ($$): 13,981.45

Number of shares purchased retained in treasury (units): 10,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,504,000

Adjusted issued capital after cancellation (no. of shares) (units): 56,608,800

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.66

Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.

This announcement is dated 12/07/2010.


KYM - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: KYM HOLDINGS BERHAD
Stock Name: KYM
Date Announced: 12/07/2010

Announcement Detail:
Type: Announcement

Subject: KYM HOLDINGS BHD. ("KYM" OR THE "COMPANY")

(I) PROPOSED ACQUISITION OF A LEASEHOLD LAND MEASURING APPROXIMATELY 167,394 SQUARE METRES OR 41.36 ACRES LOCATED AT MUKIM HULU KINTA, DISTRICT OF KINTA, PERAK DARUL RIDZUAN FROM IDAMAN BINA MAKMUR SDN BHD ("VENDOR") FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM12 MILLION TO BE SATISFIED BY WAY OF CASH CONSIDERATION OF RM100,000 AND THE BALANCE OF RM11,900,000 WILL BE SATISFIED VIA ISSUANCE OF 8,750,000 NEW ORDINARY SHARES OF RM0.50 EACH IN KYM ("KYM SHARES") TO BE ISSUED AT AN ISSUE PRICE OF RM1.36 PER KYM SHARE ("PROPOSED IPOH LAND ACQUISITION"); AND

(II) PROPOSED EXEMPTION UNDER PRACTICE NOTE 2.9.1 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("CODE") BY DATO' LIM KHENG YEW AND THE PARTIES ACTING IN CONCERT WITH HIM FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING KYM SHARES NOT ALREADY OWNED BY THEM UPON THE ISSUANCE OF NEW KYM SHARES TO THE VENDOR PURSUANT TO THE PROPOSED IPOH LAND ACQUISITION ("PROPOSED EXEMPTION")

Contents: Further to the announcement dated 8 July 2010. MIMB Investment Bank Berhad ("MIMB"), on behalf of the Board of Directors of KYM, is pleased to announce that the Securities Commission ("SC") had vide its letter dated 9 July 2010 stated that the SC will consider the application for the Proposed Exemption upon the following conditions being fulfilled:

(i) Dato' Lim Kheng Yew and the parties acting in concert with him fulfilling the following requirements under Practice Note 2.9.1 of the Code:

(a) Approval from the independent holders of voting shares of KYM, on a poll in a general meeting in which the interested parties are to abstain from voting. The result of the poll has to be confirmed by an independent auditor. MIMB and the applicant have to confirm that the interested parties have abstained from voting in the general meeting in considering the exemption. MIMB is required to submit the names of the parties who abstained from voting in the general meeting;

(b) Provision is made for the shareholders of KYM for competent independent advice regarding the Proposed Exemption. The appointment of the independent adviser and the independent adviser's circular to the shareholders are to be first approved and consented by the SC; and

(c) Dato' Lim Kheng Yew and the parties acting in concert with him are to submit declarations (to be furnished after the general meeting) addressed to the SC, attesting that they have not purchased any shares in KYM subsequent to the discussion in relation to the Proposed Ipoh Land Acquisition (if any) and will not acquire any KYM Shares until the granting of the Proposed Exemption by the SC.

(ii) Dato' Lim Kheng Yew/MIMB is required to provide reasons for the substantial percentage of votes that are against and abstained from voting on the Proposed Exemption.

This announcement is dated 12 July 2010.


LBICAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: LBI CAPITAL BERHAD
Stock Name: LBICAP
Date Announced: 12/07/2010

Announcement Detail:
Date of buy back: 12/07/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 61,600

Minimum price paid for each share purchased ($$): 0.710

Maximum price paid for each share purchased ($$): 0.725

Total consideration paid ($$): 44,713.61

Number of shares purchased retained in treasury (units): 61,600

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

Cumulative net outstanding treasury shares as at to-date (units): 3,289,243

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.27


CRESBLD - CREST BUILDER HOLDINGS BERHAD ("CBHB" OR "COMPANY") ACQUISITION OF A NEW SUBSIDIARY

Announcement Type: General Announcement
Company Name: CREST BUILDER HOLDINGS BERHAD
Stock Name: CRESBLD
Date Announced: 12/07/2010

Announcement Detail:
Type: Announcement

Subject: CREST BUILDER HOLDINGS BERHAD ("CBHB" OR "COMPANY")
ACQUISITION OF A NEW SUBSIDIARY

Contents: 1. Introduction

CBHB is pleased to announce that on 1 June 2010 the Company's wholly owned subsidiary, Crest Builder International Sdn Bhd, has acquired 510,000 Ordinary Shares of RM1.00 each, representing 51% of the total issued and paid up share capital of Unitapah Sdn Bhd ("Unitapah") for a cash consideration of RM510,000.00.


2. Information on Unitapah

Unitapah was incorporated in Malaysia on 13 February 2009 under the Companies Act, 1965. The authorised share capital of Unitapah is RM1,000,000.00 consisting of 1,000,000 Ordinary Shares of RM1.00 each. The issued and paid-up share capital is RM1,000,000.00 divided into 1,000,000 Ordinary Shares of RM1.00 each.

Unitapah was incorporated for the purpose of undertaking the project known as "Cadangan Projek Pembinaan Kampus Baru Universiti Teknologi Mara (UiTM) Tapah, Perak Darul Ridzuan.

3. Effects of the Acquisition

The Acquisition will not have any material impact on the earnings and net tangible assets of the Company for the financial year ending 31 December 2010. The Acquisition will not have any effect on the share capital and shareholders' shareholdings as the Acquisition is by cash.


4. Approvals Required

No approval from any authorities or shareholders of the Company is required for the Acquisition.


5. Directors' and Substantial Shareholders' Interest

None of the directors and substantial shareholders of CBHB or persons connected to them have any interest, direct or indirect, in the Acquisition.


6. Directors' Statement

The Board of Directors of CBHB is of the opinion that the Acquisition is in the best interest of the Company.


LPI - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: LPI CAPITAL BHD
Stock Name: LPI
Date Announced: 12/07/2010

Announcement Detail:
Type: Announcement

Subject: LPI CAPITAL BHD ("LPI" or "Company")

(I) PROPOSED BONUS ISSUE;
(II) PROPOSED RIGHTS ISSUE; AND
(III) PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: We refer to the announcement dated 8 July 2010 in relation to the Proposals.

On behalf of the Company, Public Investment Bank Berhad wishes to announce that the Company had on Friday, 9 July 2010, submitted the listing application to Bursa Malaysia Securities Berhad for the listing of and quotation of the following:

(i) up to 69,361,500 new ordinary shares of RM1.00 each in LPI to be issued pursuant to the Proposed Bonus Issue; and

(ii) up to 13,872,300 new ordinary shares of RM1.00 each in LPI to be issued pursuant to the Proposed Rights Issue.


This announcement is dated 12 July 2010.


BREM - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 12/07/2010

Announcement Detail:
Date of buy back: 12/07/2010

Description of shares purchased: Ordinary Shares @ RM1/- Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 6,000

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

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

Total consideration paid ($$): 7,220.32

Number of shares purchased retained in treasury (units): 6,000

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

Cumulative net outstanding treasury shares as at to-date (units): 3,672,900

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 (%): 2.63



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