MEMS - General Announcement
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")
- PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING IN NATURE
- PROPOSED AMENDMENT TO THE ARTICLES OF ASSOCIATION
Contents: The Board of Directors of Memstech wishes to announce that the Company is proposing to seek its shareholders' approval for the following proposals at its forthcoming Ninth Annual General Meeting:-
i) New shareholders' mandate to allow the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading in nature which are necessary for the day-to-day operations, provided that such transactions are in the ordinary course of business and on terms not more favourable to the related parties than those generally available to the public; and
ii)Proposed amendment to the Articles of Association to facilitate payment of dividends through the electronic payment system of banks.
The circular to shareholders containing details of the proposal (i) above will be despatched to the shareholders of the Company in due course.
This announcement is dated 13 July 2010.
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")
- PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING IN NATURE
- PROPOSED AMENDMENT TO THE ARTICLES OF ASSOCIATION
Contents: The Board of Directors of Memstech wishes to announce that the Company is proposing to seek its shareholders' approval for the following proposals at its forthcoming Ninth Annual General Meeting:-
i) New shareholders' mandate to allow the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading in nature which are necessary for the day-to-day operations, provided that such transactions are in the ordinary course of business and on terms not more favourable to the related parties than those generally available to the public; and
ii)Proposed amendment to the Articles of Association to facilitate payment of dividends through the electronic payment system of banks.
The circular to shareholders containing details of the proposal (i) above will be despatched to the shareholders of the Company in due course.
This announcement is dated 13 July 2010.
SMRTECH - SUBSCRIPTION OF 147 SHARES OF BAHRAIN DINARS 100 EACH IN SMR GULF WLL ("THE SUBSCRIPTION")
Announcement Type: General Announcement
Company Name: SMR TECHNOLOGIES BERHAD (ACE Market)
Stock Name: SMRTECH
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: SUBSCRIPTION OF 147 SHARES OF BAHRAIN DINARS 100 EACH IN SMR GULF WLL ("THE SUBSCRIPTION")
Contents: The Board of Directors of SMR Technologies Berhad ("SMRT" or "the Company") wishes to announce that its 49%-owned subsidiary, SMR Gulf WLL ("SMR Gulf") which is a subsidiary of SMR HR Technologies Sdn Bhd ("SMR HRT") had on 1 June 2010 increased its paid-up capital from Bahrain Dinars ("BD") 20,000 to BD 50,000 by capitalising the debts owing to its shareholders, namely SMR HRT and Tatweer Management Systems WLL ("Debt Capitalisation").
Upon completion of the Debt Capitalisation on 4 July 2010, the enlarged share capital of SMR Gulf of BD 50,000 comprises 500 shares, of which 245 shares or 49% are held by SMR HRT and the balance 255 shares or 51% are held by Tatweer Management Systems WLL.
As the Debt Capitalisation is proportionate to the current shareholding of SMR Gulf, there is no change in the shareholding percentage of the existing shareholders of SMR Gulf.
This announcement is dated 13 July 2010.
Company Name: SMR TECHNOLOGIES BERHAD (ACE Market)
Stock Name: SMRTECH
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: SUBSCRIPTION OF 147 SHARES OF BAHRAIN DINARS 100 EACH IN SMR GULF WLL ("THE SUBSCRIPTION")
Contents: The Board of Directors of SMR Technologies Berhad ("SMRT" or "the Company") wishes to announce that its 49%-owned subsidiary, SMR Gulf WLL ("SMR Gulf") which is a subsidiary of SMR HR Technologies Sdn Bhd ("SMR HRT") had on 1 June 2010 increased its paid-up capital from Bahrain Dinars ("BD") 20,000 to BD 50,000 by capitalising the debts owing to its shareholders, namely SMR HRT and Tatweer Management Systems WLL ("Debt Capitalisation").
Upon completion of the Debt Capitalisation on 4 July 2010, the enlarged share capital of SMR Gulf of BD 50,000 comprises 500 shares, of which 245 shares or 49% are held by SMR HRT and the balance 255 shares or 51% are held by Tatweer Management Systems WLL.
As the Debt Capitalisation is proportionate to the current shareholding of SMR Gulf, there is no change in the shareholding percentage of the existing shareholders of SMR Gulf.
This announcement is dated 13 July 2010.
FIBON - General Announcement
Announcement Type: General Announcement
Company Name: FIBON BERHAD
Stock Name: FIBON
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: Acquisition of Land Together with Plant and Machineries by Hexa Analisa Sdn Bhd, a wholly owned subsidiary of Fibon Berhad - Related Party Transaction
Contents: The Board of Directors of Fibon Berhad (Company No. 811010-H) wishes to announce that Hexa Analisa Sdn Bhd, a wholly owned subsidiary of Fibon Berhad has on the 13th day of July 2010 executed a Conditional Sale and Purchase Agreement for the acquisition of land and a Conditional Sale of Assets Agreement for the Plant and Machineries for a total cash consideration of Ringgit Malaysia Two Million Nine Hundred and Sixty One Thousand Only (RM2,961,000.00) from CPC Polyply Industries (M) Sdn Bhd which constitute a related party transaction, subject to the terms and conditions as stipulated in the Conditional Sale and Purchase Agreement and Conditional Sale of Assets Agreement.
The details of the announcement are as per the announcement attached.
Attachments: FIBON BERHAD Announcement .pdf
Company Name: FIBON BERHAD
Stock Name: FIBON
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: Acquisition of Land Together with Plant and Machineries by Hexa Analisa Sdn Bhd, a wholly owned subsidiary of Fibon Berhad - Related Party Transaction
Contents: The Board of Directors of Fibon Berhad (Company No. 811010-H) wishes to announce that Hexa Analisa Sdn Bhd, a wholly owned subsidiary of Fibon Berhad has on the 13th day of July 2010 executed a Conditional Sale and Purchase Agreement for the acquisition of land and a Conditional Sale of Assets Agreement for the Plant and Machineries for a total cash consideration of Ringgit Malaysia Two Million Nine Hundred and Sixty One Thousand Only (RM2,961,000.00) from CPC Polyply Industries (M) Sdn Bhd which constitute a related party transaction, subject to the terms and conditions as stipulated in the Conditional Sale and Purchase Agreement and Conditional Sale of Assets Agreement.
The details of the announcement are as per the announcement attached.
Attachments: FIBON BERHAD Announcement .pdf
BRDB - General Announcement
Announcement Type: General Announcement
Company Name: BANDAR RAYA DEVELOPMENTS BERHAD
Stock Name: BRDB
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: MEMORANDUM OF UNDERSTANDING BETWEEN BANDAR RAYA DEVELOPMENTS BERHAD ("BRDB") AND MULTI-PURPOSE HOLDINGS BERHAD ("MPHB")
Contents: The Board of Directors of BRDB wishes to announce that BRDB has on 13 July 2010 entered into three (3) separate Memorandum of Understanding ("MOU") with MPHB to record the parties' intention to collaborate with each other to undertake development of several parcels of land in Pulau Pinang (measuring approximately 80 acres), Rawang (measuring approximately 266.7 acres) and Gombak (measuring approximately 324 acres) legally and/or beneficially owned by the MPHB Group of companies.
Attachments: BRDB-MOU between BRDB and MPHB.pdf
Company Name: BANDAR RAYA DEVELOPMENTS BERHAD
Stock Name: BRDB
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: MEMORANDUM OF UNDERSTANDING BETWEEN BANDAR RAYA DEVELOPMENTS BERHAD ("BRDB") AND MULTI-PURPOSE HOLDINGS BERHAD ("MPHB")
Contents: The Board of Directors of BRDB wishes to announce that BRDB has on 13 July 2010 entered into three (3) separate Memorandum of Understanding ("MOU") with MPHB to record the parties' intention to collaborate with each other to undertake development of several parcels of land in Pulau Pinang (measuring approximately 80 acres), Rawang (measuring approximately 266.7 acres) and Gombak (measuring approximately 324 acres) legally and/or beneficially owned by the MPHB Group of companies.
Attachments: BRDB-MOU between BRDB and MPHB.pdf
GENP - CROP PRODUCTION FOR JUNE 2010
Announcement Type: General Announcement
Company Name: GENTING PLANTATIONS BERHAD
Stock Name: GENP
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: CROP PRODUCTION FOR JUNE 2010
Contents: .
Company Name: GENTING PLANTATIONS BERHAD
Stock Name: GENP
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: CROP PRODUCTION FOR JUNE 2010
Contents: .
FACBIND - Acquisition Of The Remaining 30% Equity Interest In Kanzen Stainless Processors Sdn Bhd ("KSP")
Announcement Type: General Announcement
Company Name: FACB INDUSTRIES INCORPORATED BERHAD
Stock Name: FACBIND
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: Acquisition Of The Remaining 30% Equity Interest In Kanzen Stainless Processors Sdn Bhd ("KSP")
Contents: We refer to FACB Industries Incorporated Berhad's announcement on 12/7/2010 in respect of the acquisition of the 30% equity interest in KSP. We are pleased to add further information to the announcement.
The cash consideration of RM2.414 million for the acquisition, using internally generated funds, was arrived at on a willing seller and willing buyer basis after taking into consideration the net assets of KSP. The acquisition allows Kanzen Tetsu Sdn Bhd to have full control on the business direction of KSP.
Pursuant to paragraph 10.02(g) of the Main Market Listing Requirements, the highest percentage ratio applicable to the acquisition is 1.98%.
Company Name: FACB INDUSTRIES INCORPORATED BERHAD
Stock Name: FACBIND
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: Acquisition Of The Remaining 30% Equity Interest In Kanzen Stainless Processors Sdn Bhd ("KSP")
Contents: We refer to FACB Industries Incorporated Berhad's announcement on 12/7/2010 in respect of the acquisition of the 30% equity interest in KSP. We are pleased to add further information to the announcement.
The cash consideration of RM2.414 million for the acquisition, using internally generated funds, was arrived at on a willing seller and willing buyer basis after taking into consideration the net assets of KSP. The acquisition allows Kanzen Tetsu Sdn Bhd to have full control on the business direction of KSP.
Pursuant to paragraph 10.02(g) of the Main Market Listing Requirements, the highest percentage ratio applicable to the acquisition is 1.98%.
LIENHOE - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: LIEN HOE CORPORATION BERHAD
Stock Name: LIENHOE
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back: 13/07/2010
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 389,400
Minimum price paid for each share purchased ($$): 0.280
Maximum price paid for each share purchased ($$): 0.285
Total consideration paid ($$): 110,780.02
Number of shares purchased retained in treasury (units): 389,400
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,666,600
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.01
Company Name: LIEN HOE CORPORATION BERHAD
Stock Name: LIENHOE
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back: 13/07/2010
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 389,400
Minimum price paid for each share purchased ($$): 0.280
Maximum price paid for each share purchased ($$): 0.285
Total consideration paid ($$): 110,780.02
Number of shares purchased retained in treasury (units): 389,400
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,666,600
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 (%): 1.01
MMOSAIC - General Announcement
Announcement Type: General Announcement
Company Name: MALAYSIAN MOSAICS BERHAD
Stock Name: MMOSAIC
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIAN MOSAICS BERHAD ("MMB" OR THE "COMPANY")
PROPOSED SELECTIVE CAPITAL REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965
Contents: We, MMB, wish to announce that our Board of Directors ("Board") has today received a letter dated 13 July 2010 from Gek Poh (Holdings) Sdn Bhd ("Gek Poh"), the holding company and substantial shareholder of MMB, which sets out Gek Poh's proposal for privatisation of MMB via a selective capital repayment exercise pursuant to Section 64 of the Companies Act, 1965 (the "Proposed SCR").
Salient terms of the Proposed SCR are as follows:
(i) Proposed SCR involves MMB undertaking a share capital repayment to all the shareholders of MMB, other than Gek Poh and its wholly-owned subsidiary, Pembangunan Melati Sdn Bhd (collectively referred to as "Non-entitled Shareholders"), whose names appear in the Record of Depositors as at the close of business on an entitlement date to be determined at a later date ("Entitled Shareholders"). The existing issued and paid-up share capital of MMB will be reduced by way of cancellation of all the ordinary shares of RM1.00 each in MMB ("MMB Shares") held by all the Entitled Shareholders. The Entitled Shareholders at the entitlement date will receive a capital repayment of a proposed cash amount of RM2.30 in consideration for each MMB Share held pursuant to the Proposed SCR before the bonus issue of such number of new MMB Shares to facilitate the implementation of the Proposed SCR. The Non-entitled Shareholders will waive their entitlements to the repayment of capital pursuant to the Proposed SCR.
(ii) Gek Poh does not intend to maintain the listing status of MMB on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") and will make an application to Bursa Securities to de-list MMB from the Official List of Bursa Securities upon completion of the Proposed SCR.
(iii) The Proposed SCR offers an opportunity to the Entitled Shareholders to realise their investments in MMB at an attractive premium of approximately 30% and 41% over the five (5)-day and three (3)-month volume weighted average market price of MMB Shares up to and including 9 July 2010, being the last trading day prior to the suspension of the MMB Shares on 12 July 2010, of RM1.77 and RM1.63 respectively.
The Board will deliberate on the Proposed SCR and make a further announcement in due course.
This announcement is dated 13 July 2010.
c.c Securities Commission
Company Name: MALAYSIAN MOSAICS BERHAD
Stock Name: MMOSAIC
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIAN MOSAICS BERHAD ("MMB" OR THE "COMPANY")
PROPOSED SELECTIVE CAPITAL REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965
Contents: We, MMB, wish to announce that our Board of Directors ("Board") has today received a letter dated 13 July 2010 from Gek Poh (Holdings) Sdn Bhd ("Gek Poh"), the holding company and substantial shareholder of MMB, which sets out Gek Poh's proposal for privatisation of MMB via a selective capital repayment exercise pursuant to Section 64 of the Companies Act, 1965 (the "Proposed SCR").
Salient terms of the Proposed SCR are as follows:
(i) Proposed SCR involves MMB undertaking a share capital repayment to all the shareholders of MMB, other than Gek Poh and its wholly-owned subsidiary, Pembangunan Melati Sdn Bhd (collectively referred to as "Non-entitled Shareholders"), whose names appear in the Record of Depositors as at the close of business on an entitlement date to be determined at a later date ("Entitled Shareholders"). The existing issued and paid-up share capital of MMB will be reduced by way of cancellation of all the ordinary shares of RM1.00 each in MMB ("MMB Shares") held by all the Entitled Shareholders. The Entitled Shareholders at the entitlement date will receive a capital repayment of a proposed cash amount of RM2.30 in consideration for each MMB Share held pursuant to the Proposed SCR before the bonus issue of such number of new MMB Shares to facilitate the implementation of the Proposed SCR. The Non-entitled Shareholders will waive their entitlements to the repayment of capital pursuant to the Proposed SCR.
(ii) Gek Poh does not intend to maintain the listing status of MMB on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") and will make an application to Bursa Securities to de-list MMB from the Official List of Bursa Securities upon completion of the Proposed SCR.
(iii) The Proposed SCR offers an opportunity to the Entitled Shareholders to realise their investments in MMB at an attractive premium of approximately 30% and 41% over the five (5)-day and three (3)-month volume weighted average market price of MMB Shares up to and including 9 July 2010, being the last trading day prior to the suspension of the MMB Shares on 12 July 2010, of RM1.77 and RM1.63 respectively.
The Board will deliberate on the Proposed SCR and make a further announcement in due course.
This announcement is dated 13 July 2010.
c.c Securities Commission
PPB - General Announcement
Announcement Type: General Announcement
Company Name: PPB GROUP BERHAD
Stock Name: PPB
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: Announcements by Wilmar International Limited ("Wilmar"), an 18.4%-associate of PPB Group Berhad ("PPB") to the Singapore Exchange Securities Trading Limited ("SGX") in relation to the acquisition of Sucrogen Limited
Contents: Pursuant to Paragraph 9.19(40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we attach herewith for shareholders' information, copies of the announcements by Wilmar to SGX dated 5 & 6 July 2010 in relation to the acquisition of CSR Limited's 100% interest in Sucrogen Limited by Wilmar Australia Pty Ltd, a wholly-owned subsidiary of Wilmar.
Attachments: Wilmar_SGXNet_announcement_05072010.pdf
Wilmar_SGXNet_press_release_05072010.pdf
Wilmar_Sucrogen_Analyst_Presentation_06072010_Part1.pdf
Wilmar_Sucrogen_Analyst_Presentation_06072010_Part2.pdf
Company Name: PPB GROUP BERHAD
Stock Name: PPB
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: Announcements by Wilmar International Limited ("Wilmar"), an 18.4%-associate of PPB Group Berhad ("PPB") to the Singapore Exchange Securities Trading Limited ("SGX") in relation to the acquisition of Sucrogen Limited
Contents: Pursuant to Paragraph 9.19(40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we attach herewith for shareholders' information, copies of the announcements by Wilmar to SGX dated 5 & 6 July 2010 in relation to the acquisition of CSR Limited's 100% interest in Sucrogen Limited by Wilmar Australia Pty Ltd, a wholly-owned subsidiary of Wilmar.
Attachments: Wilmar_SGXNet_announcement_05072010.pdf
Wilmar_SGXNet_press_release_05072010.pdf
Wilmar_Sucrogen_Analyst_Presentation_06072010_Part1.pdf
Wilmar_Sucrogen_Analyst_Presentation_06072010_Part2.pdf
LIONIND - Dealings in Securities by Principal Officers Outside Closed Period
Announcement Type: General Announcement
Company Name: LION INDUSTRIES CORPORATION BERHAD
Stock Name: LIONIND
Date Announced: 13/07/2010
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, the principal officers of the Company have dealt in the securities of the Company as set out in Table 1 and Table 2 hereunder.
Company Name: LION INDUSTRIES CORPORATION BERHAD
Stock Name: LIONIND
Date Announced: 13/07/2010
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, the principal officers of the Company have dealt in the securities of the Company as set out in Table 1 and Table 2 hereunder.
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