July 13, 2010

Company announcements: MEMS, EFUTURE, PICORP, SELOGA, SEG

MEMS - MEMS TECHNOLOGY BERHAD ("MEMSTECH" or "THE COMPANY") -MATERIAL LITIGATIONS

Announcement Type: General Announcement
Company Name: MEMS TECHNOLOGY BERHAD (ACE Market)
Stock Name: MEMS
Date Announced: 13/07/2010

Announcement Detail:
Regularisation Sponsor: AmInvestment Bank Bhd

Sponsor: Same as above

Type: Announcement

Subject: MEMS TECHNOLOGY BERHAD ("MEMSTECH" or "THE COMPANY")
-MATERIAL LITIGATIONS

Contents: The Board of Directors of the Company wishes to update on the details and status of the various material litigations received by the Company and its subsidiaries as at 13 July 2010 as detailed in the attachment.

Attachments: Material Litigations (2).doc


EFUTURE - General Announcement

Announcement Type: General Announcement
Company Name: ECOFUTURE BHD (ACE Market)
Stock Name: EFUTURE
Date Announced: 13/07/2010

Announcement Detail:
Type: Announcement

Subject: ECOFUTURE BERHAD ("EFUTURE" OR "COMPANY")
ANNOUNCEMENT UNDER GUIDANCE NOTE 3 OF THE BURSA MALAYSIA SECURITES BERHAD ("BURSA SECURITIES") ACE MARKET LISTING REQUIREMENTS ("FIRST ANNOUNCEMENT")

Contents: 1. INTRODUCTION

Pursuant to Guidance Note 3 ("GN3") of the ACE Market Listing Requirement of Bursa Malaysia Securities Berhad ("ACE LR"), the Board of Directors of EFUTURE ("Board") wishes to announce that EFUTURE is an Affected Listed Issuer as it has triggered Paragraph 2.1(i) of the GN3 as the Company has ceased its major business. The palm oil mill, owned by our wholly-owned subsidiary Stable-Win Sdn Bhd, has been leased to a third party mill operator since May 2009 to generate rental income, cash flow and to ensure uninterrupted Empty Fruit Bunch supply for our biomass operation. Prior to leasing, the palm oil mill incurred losses for the previous two financial years.

2. OBLIGATIONS OF THE COMPANY AS AN AFFECTED LISTED COMPANY

As an Affected Listed Company, EFUTURE is required to comply with the following conditions pursuant to Rule 8.04 and GN3 of the ACE LR:

submit to Bursa Securities a regularisation plan and obtain Bursa Securites' approval to implement the plan within 12 months from the date the Company announces that it is a GN3 Company ("Submission Timeframe");

appoint a Sponsor within 3 months from the date the Company announces that it is a GN3 Company and retain the said Sponsor until the Company is no longer considered as a GN3 Company by Bursa Securities under Rule 8.04(8) of ACE LR;

implement the regularisation plan within 6 months from the date the regularisation plan is approved by Bursa Securities. However, in the event court proceedings are involved, the Company has up to 12 months from the date the regularisation plan is approved by Bursa Securities to implement the plan ("Implementation Timeframe");

provide such information as may be prescribed by Bursa Securities from time to time for public release;

retain the services of a Sponsor for at least 3 full financial years after the Company is no longer considered as a GN3 company by Bursa Securities under Rule 8,04(8) of ACE LR;

announce the status of the Company's plan to regularize its condition and the number of months to the end of the relevant timeframes on a monthly basis ("Monthly Announcement") until further notice from Bursa Securities;

announce the Company's compliance or non-compliance with a particular obligation pursuant to GN3 on an immediate basis;

announce details of the regularisation plan which announcement must fulfill the requirements as set out in paragraph 3.1 of GN3; and

do such other acts or things as may be required by Bursa Securities.

3. CONSEQUENCES OF NON-COMPLIANCE WITH SUCH OBLIGATIONS

If the Company fails to comply with any part of its obligations indicated above, Bursa Securities shall:-

suspend the trading of the Company's listed securities on the next market day after 5 market days from the date of notification of suspension by Bursa Securities; and
de-list the Company subject to the Company's right to appeal against the de-listing under Rule 8.04(6) of the ACE LR.

4. STATUS OF THE COMPANY'S PLAN TO COMPLY WITH THE OBLIGATION TO REGULARIZE ITS CONDITION

Appropriate announcements on the Regularisation Plan shall be announced by the Company in due course.


This announcement is dated 13 July 2010


PICORP - General Announcement

Announcement Type: General Announcement
Company Name: PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name: PICORP
Date Announced: 13/07/2010

Announcement Detail:
Type: Announcement

Subject: NOTICE OF INTENTION TO DEAL IN THE SECURITIES OF PROGRESSIVE IMPACT CORPORATION BERHAD ("THE COMPANY") DURING CLOSED PERIOD

Contents: The following Director has given notice of intention to deal in the securities of the Company during the closed period and his current holdings of the securities are as follows:-


SELOGA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: SELOGA HOLDINGS BERHAD
Stock Name: SELOGA
Date Announced: 13/07/2010

Announcement Detail:
Type: Announcement

Subject: SELOGA HOLDINGS BERHAD ("SHB" OR "COMPANY")

(I) PROPOSED CAPITAL RESTRUCTURING; AND

(II) PROPOSED RIGHTS ISSUE

Contents: We refer to the announcements dated 18 March 2009, 29 July 2009 and 1 July 2010 in relation to SHB's proposals to regularise the Company's financial position. On behalf of SHB, CIMB Investment Bank Berhad wishes to announce that SHB has further deliberated on the proposed regularisation plan and proposes to revise the proposed rights issue, details are as attached.

Attachments: announcement130710.pdf
announcement130710(table).pdf


SEG - SEG - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 13/07/2010

Announcement Detail:
Subject: SEG - NOTICE OF RIGHTS ENTITLEMENT

Contents: Renounceable rights issue of 124,729,857 five (5)-year 2010/2015 warrants ("Warrants") on the basis of one (1) new Warrant for every two (2) ordinary shares of RM0.50 each in SEGi ("Shares") held at 5.00 p.m. on 26 July 2010 at an issue price of RM0.05 cash per Warrant ("Rights Issue").

Kindly be advised of the following :

1) The Rights commence of trading : [ 27 July 2010 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 28 July 2010 ]

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

4) The Rights cease quotation : [ 3 August 2010 ]

The Stock Short Name, Number and ISIN Code [ SEG-WR, 9792WR and MYL9792WR008 ] respectively


SEG - SEG - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 13/07/2010

Announcement Detail:
Subject: SEG - NOTICE OF RIGHTS ENTITLEMENT

Contents: Renounceable rights issue of 124,729,857 five (5)-year 2010/2015 warrants ("Warrants") on the basis of one (1) new Warrant for every two (2) ordinary shares of RM0.50 each in SEGi ("Shares") held at 5.00 p.m. on 26 July 2010 at an issue price of RM0.05 cash per Warrant ("Rights Issue").

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 22 July 2010 ]

2) The last date of lodgement : [ 26 July 2010 ]

3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

a) Selling Broker to deduct [ 1/3 ] , of the Selling Price against the Selling Client.

b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

c) Between Broker and Broker, the deduction of [ 1/3 ] of the Transacted Price is applicable.



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