July 16, 2010

Company announcements: GTRONIC, KHIND, AZRB, TIGER, LCL, PICORP, VOIR, LIONFIB, FRB

GTRONIC - General Announcement

Announcement Type: General Announcement
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: Globetronics Technology Bhd ("GTB" or "the Company")
- Notification of dealings by Directors of GTB during closed period

Contents: In accordance with paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Ng Kweng Chong and Ng Kok Khuan, the Directors of GTB had transacted dealings in the securities of GTB during closed period via Glencare Sdn Bhd which they are deemed interested. The details as set out in Table 1 and 2 below.

This announcement is dated 16 July 2010.


KHIND - COMPLETION OF PURCHASE OF LEASEHOLD LAND BY KHIND-MISTRAL (BORNEO) SDN. BHD. (234614-W) (KMB)

Announcement Type: General Announcement
Company Name: KHIND HOLDINGS BERHAD
Stock Name: KHIND
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: COMPLETION OF PURCHASE OF LEASEHOLD LAND BY KHIND-MISTRAL (BORNEO) SDN. BHD. (234614-W) (KMB)

Contents: Further to the announcement on 25 May 2010, the Board of Directors of Khind Holdings Berhad, is pleased to inform that we have been adviced by our solicitors that the purchase of leasehold land by KMB was completed on 8th July 2010.

This announcement is dated 16th July 2010.


AZRB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: AHMAD ZAKI RESOURCES BERHAD
Stock Name: AZRB
Date Announced: 16/07/2010

Announcement Detail:
Date of buy back: 16/07/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 1,000

Minimum price paid for each share purchased ($$): 0.775

Maximum price paid for each share purchased ($$): 0.790

Total consideration paid ($$): 831.24

Number of shares purchased retained in treasury (units): 1,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,478,100

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 (%): 0.53


TIGER - TIGER - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company Name: TIGER SYNERGY BERHAD
Stock Name: TIGER
Date Announced: 16/07/2010

Announcement Detail:
Subject: TIGER - NOTICE OF RIGHTS ENTITLEMENT

Contents: Renounceable rights issue of up to 132,000,000 new ordinary shares of RM0.20 each in Minply Holdings (M) Berhad ("MHB") ("Rights Shares") together with up to 88,000,000 new free detachable warrants ("Warrants") on the basis of three (3) Rights Shares and two (2) Warrants for every one (1) existing ordinary share of RM0.20 each held in MHB at 5.00 p.m. on 19 July 2010 at an issue price of RM0.20 per Rights Share payable in full upon acceptance ("Rights Issue").

Further to Listing's Circular No. L/Q : 57699 Of 2010, kindly be advised of the following :

1) The Rights commence of trading : [ 20 July 2010 (Remain Unchanged)]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 21 July 2010 (Remain Unchanged)]

3) The last day and time for Acceptance, Renunciation and Payment :
[ 3 August 2010 @ 5:00pm (Remain Unchanged)]

4) The Rights cease quotation : [ 27 July 2010 (Remain Unchanged)]

The Stock Short Name, Number and ISIN Code [TIGER-OR (Instead of MINPLY-OR), 7079OR ( Remain Unchanged ) and MYL7079OR009 (Remain Unchanged) ] respectively


LCL - General Announcement

Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
Shah Alam High Court Summons Writ No. 22-820-2010
Bank Muamalat Malaysia Berhad vs 1. LCL Furniture Sdn Bhd("LCLF") 2. LCL Corporation Berhad ("LCL")

Contents: We refer LCL's announcement dated 7 April 2010 in respect of the Default in Payment to Bank Muamalat Malaysia Berhad under Practice Note No. 1/2001 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. We wish to inform that LCLF (1st Defendant) and LCL (2nd Defendant) have been served a Writ of Summons in respect thereof. Further information is as follows:

1. The date of the presentation of the Writ of Summons and the date the Writ of Summons was served on the Company, its subsidiary or major associated company.

The Writ of Summons and Statement of Claim dated 10 June 2010 was served on LCLF and LCL on 15 July 2010.

2. The particulars of the claim under the Writ of Summons, including the amount claimed for and the interest rate.

The Plaintiff's claims are for the following:

The sum of RM9,023,192.68 as at 18th March 2010 in respect of default in payments for the following credit facilities :-

(i) Al-Bai Bithaman Ajil Facility of RM5,600,000/-;
(ii) Documentary Credit Murabahah / Al-Murabahah Working Capital Financing/ Al-Kafalah Bank Guarantee Facility of RM6,500,000/-; and
(iii) Muamalat Cash Financing Facility of RM2,000,000/-

Note : No interest rate was stated in the Writ of Summons.

3. The details of the default or circumstances leading to the filing of the Writ of Summons against the Company, its subsidiary or major associated company.

The filing of the Writ of Summons is a result of the default in payment of the credit facilities granted to LCLF as mentioned in Note 2.

4. The financial and operational impact of the Writ of Summons on the Group.

(a) In the event LCL loses the case, the expected losses arising from the litigation is as mentioned in Note 2 above.
(b) The litigation will not have any operational impact on LCL Group as receivers and managers have been appointed over the property and undertaking of LCLF with effect from 16 December 2009.

5. The expected losses, if any, arising from the Writ of Summons.

The sum mentioned in Note 2 above alleged to be due together with interest and costs thereon.

6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.

LCL will seek necessary legal advice from its solicitors with regards to the claim. LCLF is currently under receivership.

The Company will announce further developments on the above matter as and when necessary.

This announcement is dated 16 July 2010.


LCL - General Announcement

Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
Shah Alam High Court Summons Writ No. 22-819-2010
Bank Muamalat Malaysia Berhad vs 1. LCL Trading Sdn Bhd("LCLT") 2. LCL Corporation Berhad ("LCL")

Contents: We refer LCL's announcement dated 7 April 2010 in respect of the Default in Payment to Bank Muamalat Malaysia Berhad under Practice Note No. 1/2001 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. We wish to inform that LCLT (1st Defendant) and LCL (2nd Defendant) have been served a Writ of Summons in respect thereof. Further information is as follows:

1. The date of the presentation of the Writ of Summons and the date the Writ of Summons was served on the Company, its subsidiary or major associated company.

The Writ of Summons and Statement of Claim dated 10 June 2010 was served on LCLT and LCL on 15 July 2010.

2. The particulars of the claim under the Writ of Summons, including the amount claimed for and the interest rate.

The Plaintiff's claims are for the following:

The sum of RM1,639,425.44 as at 18th March 2010 in respect of default in payments under the Multi Option Trade Financing Facility of RM2,000,000/-.

Note : No interest rate was stated in the Writ of Summons.

3. The details of the default or circumstances leading to the filing of the Writ of Summons against the Company, its subsidiary or major associated company.

The filing of the Writ of Summons is a result of the default in payment of the banking facilities granted to LCLT.

4. The financial and operational impact of the Writ of Summons on the Group.

(a) In the event LCL loses the case, the expected losses arising from the litigation is as mentioned in Note 2 above.
(b) The litigation will not have any operational impact on LCL Group as LCLT has ceased operations with effect from 31 December 2009.

5. The expected losses, if any, arising from the Writ of Summons.

The sum mentioned in Note 2 above alleged to be due together with interest and costs thereon.

6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.

LCL will seek necessary legal advice from its solicitors with regards to the claim and instruct its solicitors to defend the said claim.

The Company will announce further developments on the above matter as and when necessary.

This announcement is dated 16 July 2010.


PICORP - General Announcement

Announcement Type: General Announcement
Company Name: PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name: PICORP
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" or "the Company")
Dealing in Securities during closed period

Contents: Dealing in Securities during closed period


VOIR - General Announcement

Announcement Type: General Announcement
Company Name: VOIR HOLDINGS BERHAD
Stock Name: VOIR
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: VOIR HOLDINGS BERHAD ("VOIR" OR "THE COMPANY")
- SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH IN VOIR INTO TWO (2) NEW ORDINARY SHARES OF RM0.50 EACH ("SHARE SPLIT")

Contents: Further to the announcement made on 15 July 2010.

The Board of Directors of Voir wishes to announce that the 120,000,000 ordinary shares of RM0.50 each in Voir pursuant to the Share Split have been listed on the Main Market of Bursa Malaysia Securities Berhad with effect from 16 July 2010 and the Share Split is deemed completed on even date.

This announcement is dated 16 July 2010.


LIONFIB - Dealings in Securities by Principal Officers Outside Closed Period

Announcement Type: General Announcement
Company Name: LION FOREST INDUSTRIES BERHAD
Stock Name: LIONFIB
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in Securities by Principal Officers Outside Closed Period

Contents: Pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, a principal officer of the Company has dealt in the securities of the Company as set out in Table 1 hereunder.


FRB - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: FORMIS RESOURCES BERHAD
Stock Name: FRB
Date Announced: 16/07/2010

Announcement Detail:
Date of change: 16/07/2010

Type of change: Redesignation

Previous Position: Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Wong Pooi Lam

Age: 37

Nationality: Malaysian

Qualifications: Master of Engineering, Cambridge University, United Kingdom

Working experience and occupation: 1997-2000 - Assistant Vice President, Merrill Lynch (Asia Pacific) Ltd

Directorship of public companies (if any): Not applicable

Family relationship with any director and/or major shareholder of the listed issuer: She is the sister-in-law of Dato' Mah Siew Kwok, the Executive Vice Chairman and Chief Executive Officer as well as a major shareholder of Formis Resources Berhad

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Direct Interest : 1 ordinary share of RM1.00 each in Formis Resources Berhad

Indirect Interest : 500,000 ordinary shares of RM1.00 each in Formis Resources Berhad held by her spouse pursuant to Section 134(12(c) of the Companies Act, 1965

Remarks: Redesignated as Non-Independent Non-Executive Director instead of Executive Director



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