SCOPE - DEALING DURING OUTSIDE CLOSED PERIOD
Announcement Type: General Announcement
Company Name: SCOPE INDUSTRIES BERHAD (ACE Market)
Stock Name: SCOPE
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: DEALING DURING OUTSIDE CLOSED PERIOD
Contents: Pursuant to Paragraph 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that the following Director has given notice of his dealing in the ordinary shares of Scope Industries Berhad during outside closed period as set out in the Table hereunder.
This announcement is dated 15 July 2010.
Company Name: SCOPE INDUSTRIES BERHAD (ACE Market)
Stock Name: SCOPE
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: DEALING DURING OUTSIDE CLOSED PERIOD
Contents: Pursuant to Paragraph 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that the following Director has given notice of his dealing in the ordinary shares of Scope Industries Berhad during outside closed period as set out in the Table hereunder.
This announcement is dated 15 July 2010.
NOTION - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: NOTION VTEC BERHAD
Stock Name: NOTION
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: NOTION VTEC BERHAD ("NVB")
Proposed Private Placement, Proposed Free Warrants Issue And Proposed Increase In Authorised Share Capital (collectively referred to as "Proposals")
Contents: We refer to the earlier announcements in relation to the Proposals.
On behalf of the Board of Directors of NVB, Hong Leong Investment Bank Berhad is pleased to announce that the Company has on 15 July 2010 fixed the exercise price for the Free Warrants to be issued pursuant to the Proposed Free Warrants Issue at RM2.55 per Free Warrant.
The exercise price of RM2.55 per Free Warrant represents a discount of approximately 14.75% over the volume weighted average market price of ordinary shares of RM0.50 each in NVB ("NVB Shares") for the 5 market days immediately preceding 15 July 2010 of RM2.9912 per NVB Share.
This announcement is dated 15 July 2010
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: NOTION VTEC BERHAD
Stock Name: NOTION
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: NOTION VTEC BERHAD ("NVB")
Proposed Private Placement, Proposed Free Warrants Issue And Proposed Increase In Authorised Share Capital (collectively referred to as "Proposals")
Contents: We refer to the earlier announcements in relation to the Proposals.
On behalf of the Board of Directors of NVB, Hong Leong Investment Bank Berhad is pleased to announce that the Company has on 15 July 2010 fixed the exercise price for the Free Warrants to be issued pursuant to the Proposed Free Warrants Issue at RM2.55 per Free Warrant.
The exercise price of RM2.55 per Free Warrant represents a discount of approximately 14.75% over the volume weighted average market price of ordinary shares of RM0.50 each in NVB ("NVB Shares") for the 5 market days immediately preceding 15 July 2010 of RM2.9912 per NVB Share.
This announcement is dated 15 July 2010
GENETEC - GENETEC TECHNOLOGY BERHAD ("GENETEC" OR "COMPANY") PROPOSED ACQUISITION & PROPOSED NEW ESOS
Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: GENETEC TECHNOLOGY BERHAD (ACE Market)
Stock Name: GENETEC
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: GENETEC TECHNOLOGY BERHAD ("GENETEC" OR "COMPANY")
PROPOSED ACQUISITION & PROPOSED NEW ESOS
Contents: We refer to the announcement dated 5 July 2010 in relation to the Proposed Acquisition and Proposed New ESOS (as defined therein). On behalf of the Board of Directors of Genetec, MIMB Investment Bank Berhad wishes to announce that in connection with the conditional share sale agreement dated 5 July 2010, Genetec had on 15 July 2010 entered into a shareholders' agreement ("SA") with the existing shareholders CLT Engineering Sdn Bhd, namely, Tan Moon Teik and Koh Toong Chuh.
Kindly refer to the attached document for further details on the SA.
This announcement is dated 15 July 2010.
Attachments: Genetec - SA.pdf
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: GENETEC TECHNOLOGY BERHAD (ACE Market)
Stock Name: GENETEC
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: GENETEC TECHNOLOGY BERHAD ("GENETEC" OR "COMPANY")
PROPOSED ACQUISITION & PROPOSED NEW ESOS
Contents: We refer to the announcement dated 5 July 2010 in relation to the Proposed Acquisition and Proposed New ESOS (as defined therein). On behalf of the Board of Directors of Genetec, MIMB Investment Bank Berhad wishes to announce that in connection with the conditional share sale agreement dated 5 July 2010, Genetec had on 15 July 2010 entered into a shareholders' agreement ("SA") with the existing shareholders CLT Engineering Sdn Bhd, namely, Tan Moon Teik and Koh Toong Chuh.
Kindly refer to the attached document for further details on the SA.
This announcement is dated 15 July 2010.
Attachments: Genetec - SA.pdf
FIBON - General Announcement
Announcement Type: General Announcement
Company Name: FIBON BERHAD
Stock Name: FIBON
Date Announced: 15/07/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-100714-55222
Subject: Acquisition of land together with plant and machineries by Hexa Analisa Sdn Bhd, a wholly-owned subsidiary of Fibon Berhad ("Proposed Acquisition of Assets")
Contents: We refer to our announcement dated 13 July 2010 and the letter from Bursa Malaysia Securities Berhad dated 14 July 2010 in respect of the above and wish to further clarify the followings:-
1. With the exception of the interested directors namely Pang Chee Kiong, Pang Fok Seng, Pang Nyuk Yin and Lim Wai Kiew, who abstained from forming any opinion on the Proposed Acquisition of Assets, the Audit Committee and Board of Directors of Fibon, are of the opinion that the arrangement is in the best interest of Fibon.
2. Pursuant to paragraph 10.08 of the Listing Requirements with regard to Related Party Transaction, Fibon has appointed KAF Investment Bank Berhad as the independent adviser and the role of the independent adviser is as follows:
a. To comment whether the Proposed Acquisition of Assets is fair and reasonable as far as shareholders are concerned;
b. To comment whether the Proposed Acquisition of Assets is to the detriment of minority shareholders;
c. To advise minority shareholders whether they should vote in favour of the Proposed Acquisition of Assets; and
d. To take all reasonable steps to ensure that it has reasonable basis to make the comments and advice above.
3. The Audit Committee and the Board of Directors save for the interested Directors have sought the opinion of KAF Investment Bank Berhad as the Independent Adviser, in forming their opinion in respect of the Proposed Acquisition of Assets prior to agreeing on the terms of the Proposed Acquisition of Assets as well as the factors highlighted in the announcement dated 13 July 2010. KAF Investment Bank Berhad had advised that they are of the opinion that the Proposed Acquisition of Assets is fair and reasonable as far as shareholders are concerned and would not be detrimental to minority shareholders and would recommend the minority shareholders to vote in favour of the Proposed Acquisition of Assets.
4. For the past 12 months, the transactions between the Group and CPC Polyply and its related persons were in the form of rental of Lot 53841 amounting to the sum of RM60,000. There is no other transaction apart from the rental entered into between the Group and CPC Polyply.
Query Letter content: We refer to your Company's announcement dated 13 July 2010, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release :-
Whether the interested directors are excluded in forming an opinion on the
Proposed Acquisition;
A statement explaining the role of the Independent Adviser;
Whether the Audit Committee and Board of Directors has sought an independent
advice in forming its opinion. If so, a statement to that effect; and
The total amount transacted with the same related party for the preceding 12
months.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
CFT/NAE
c.c. General Manager & Head, Market Surveillance, Securities Commission (via
fax)
Company Name: FIBON BERHAD
Stock Name: FIBON
Date Announced: 15/07/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-100714-55222
Subject: Acquisition of land together with plant and machineries by Hexa Analisa Sdn Bhd, a wholly-owned subsidiary of Fibon Berhad ("Proposed Acquisition of Assets")
Contents: We refer to our announcement dated 13 July 2010 and the letter from Bursa Malaysia Securities Berhad dated 14 July 2010 in respect of the above and wish to further clarify the followings:-
1. With the exception of the interested directors namely Pang Chee Kiong, Pang Fok Seng, Pang Nyuk Yin and Lim Wai Kiew, who abstained from forming any opinion on the Proposed Acquisition of Assets, the Audit Committee and Board of Directors of Fibon, are of the opinion that the arrangement is in the best interest of Fibon.
2. Pursuant to paragraph 10.08 of the Listing Requirements with regard to Related Party Transaction, Fibon has appointed KAF Investment Bank Berhad as the independent adviser and the role of the independent adviser is as follows:
a. To comment whether the Proposed Acquisition of Assets is fair and reasonable as far as shareholders are concerned;
b. To comment whether the Proposed Acquisition of Assets is to the detriment of minority shareholders;
c. To advise minority shareholders whether they should vote in favour of the Proposed Acquisition of Assets; and
d. To take all reasonable steps to ensure that it has reasonable basis to make the comments and advice above.
3. The Audit Committee and the Board of Directors save for the interested Directors have sought the opinion of KAF Investment Bank Berhad as the Independent Adviser, in forming their opinion in respect of the Proposed Acquisition of Assets prior to agreeing on the terms of the Proposed Acquisition of Assets as well as the factors highlighted in the announcement dated 13 July 2010. KAF Investment Bank Berhad had advised that they are of the opinion that the Proposed Acquisition of Assets is fair and reasonable as far as shareholders are concerned and would not be detrimental to minority shareholders and would recommend the minority shareholders to vote in favour of the Proposed Acquisition of Assets.
4. For the past 12 months, the transactions between the Group and CPC Polyply and its related persons were in the form of rental of Lot 53841 amounting to the sum of RM60,000. There is no other transaction apart from the rental entered into between the Group and CPC Polyply.
Query Letter content: We refer to your Company's announcement dated 13 July 2010, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release :-
Whether the interested directors are excluded in forming an opinion on the
Proposed Acquisition;
A statement explaining the role of the Independent Adviser;
Whether the Audit Committee and Board of Directors has sought an independent
advice in forming its opinion. If so, a statement to that effect; and
The total amount transacted with the same related party for the preceding 12
months.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
CFT/NAE
c.c. General Manager & Head, Market Surveillance, Securities Commission (via
fax)
SUMATEC - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: SUMATEC RESOURCES BERHAD
Stock Name: SUMATEC
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: SUMATEC RESOURCES BERHAD
�?� PROPOSED CAPITAL REDUCTION;
�?� PROPOSED M&A AMENDMENTS;
�?� PROPOSED RIGHTS ISSUE; AND
�?� PROPOSED SET-OFF.
Contents: We refer to the announcements dated 16 November 2009, 19 April 2010 and 5 July 2010 in relation to the Shareholders' Advance Agreement dated 13 November 2009 and the Supplemental Agreement dated 19 April 2010 entered into between Sumatec Resources Berhad ("Sumatec" or the "Company") and Tekad Mulia Sdn Bhd ("TMSB") pursuant to the proposed set-off ("Agreements").
On behalf of the Board of Directors of Sumatec, MIMB Investment Bank Berhad is pleased to announce that pursuant to the Agreements, both Sumatec and TMSB have mutually agreed to extend the repayment period of the advances to 12 November 2010.
This announcement is dated 15 July 2010.
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: SUMATEC RESOURCES BERHAD
Stock Name: SUMATEC
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: SUMATEC RESOURCES BERHAD
�?� PROPOSED CAPITAL REDUCTION;
�?� PROPOSED M&A AMENDMENTS;
�?� PROPOSED RIGHTS ISSUE; AND
�?� PROPOSED SET-OFF.
Contents: We refer to the announcements dated 16 November 2009, 19 April 2010 and 5 July 2010 in relation to the Shareholders' Advance Agreement dated 13 November 2009 and the Supplemental Agreement dated 19 April 2010 entered into between Sumatec Resources Berhad ("Sumatec" or the "Company") and Tekad Mulia Sdn Bhd ("TMSB") pursuant to the proposed set-off ("Agreements").
On behalf of the Board of Directors of Sumatec, MIMB Investment Bank Berhad is pleased to announce that pursuant to the Agreements, both Sumatec and TMSB have mutually agreed to extend the repayment period of the advances to 12 November 2010.
This announcement is dated 15 July 2010.
DRBHCOM - General Announcement
Announcement Type: General Announcement
Company Name: DRB-HICOM BERHAD
Stock Name: DRBHCOM
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Shareholders' Mandate for Recurrent Related Party Transactions (RRPTs) of a Revenue or trading Nature ("Proposed Mandate")
Contents: For further details, please refer below.
Company Name: DRB-HICOM BERHAD
Stock Name: DRBHCOM
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Shareholders' Mandate for Recurrent Related Party Transactions (RRPTs) of a Revenue or trading Nature ("Proposed Mandate")
Contents: For further details, please refer below.
OLYMPIA - General Announcement
Announcement Type: General Announcement
Company Name: OLYMPIA INDUSTRIES BERHAD
Stock Name: OLYMPIA
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Disposal of 100% equity interest in Dairy Maid Resort & Recreation Sdn Bhd, a wholly-owned subsidiary of Olympia Industries Berhad
Contents: Olympia Industries Berhad ("the Company") wishes to announce that the Company has acknowledged and confirmed the terms and conditions on the appointment of Messrs. Rahim & Co ("Valuer") to conduct a second valuation on Menara Olympia and the adjoining leased car park (collectively known as "the property").
The Valuer has been appointed by Bursa Malaysia Securities Berhad ("BMSB") to determine the market value of the abovementioned property for the purpose of submission to BMSB. The time frame to complete the valuation is fifteen (15) working days from the date of confirmation of instruction, receipt of documents/information as required by the Valuer and inspection of the property.
This announcement is dated 15 July 2010.
Company Name: OLYMPIA INDUSTRIES BERHAD
Stock Name: OLYMPIA
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Disposal of 100% equity interest in Dairy Maid Resort & Recreation Sdn Bhd, a wholly-owned subsidiary of Olympia Industries Berhad
Contents: Olympia Industries Berhad ("the Company") wishes to announce that the Company has acknowledged and confirmed the terms and conditions on the appointment of Messrs. Rahim & Co ("Valuer") to conduct a second valuation on Menara Olympia and the adjoining leased car park (collectively known as "the property").
The Valuer has been appointed by Bursa Malaysia Securities Berhad ("BMSB") to determine the market value of the abovementioned property for the purpose of submission to BMSB. The time frame to complete the valuation is fifteen (15) working days from the date of confirmation of instruction, receipt of documents/information as required by the Valuer and inspection of the property.
This announcement is dated 15 July 2010.
MFCB - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 15/07/2010
Announcement Detail:
Date of buy back: 15/07/2010
Description of shares purchased: Ordinary shares of MYR1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 15,000
Minimum price paid for each share purchased ($$): 1.620
Maximum price paid for each share purchased ($$): 1.640
Total consideration paid ($$): 24,578.77
Number of shares purchased retained in treasury (units): 15,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 12,701,400
Adjusted issued capital after cancellation (no. of shares) (units): 242,205,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.24
Remarks: This announcement is dated 15 July 2010.
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 15/07/2010
Announcement Detail:
Date of buy back: 15/07/2010
Description of shares purchased: Ordinary shares of MYR1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 15,000
Minimum price paid for each share purchased ($$): 1.620
Maximum price paid for each share purchased ($$): 1.640
Total consideration paid ($$): 24,578.77
Number of shares purchased retained in treasury (units): 15,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 12,701,400
Adjusted issued capital after cancellation (no. of shares) (units): 242,205,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.24
Remarks: This announcement is dated 15 July 2010.
KFC - General Announcement
Announcement Type: General Announcement
Company Name: KFC HOLDINGS (MALAYSIA) BERHAD
Stock Name: KFC
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: KFC Holdings (Malaysia) Bhd ("KFCH" or "the Company")
ACQUISITION OF 10,000,000 UNITS OF AL-�??AQAR KPJ REIT ("KPJ REIT") ("ACQUISITION")
Contents: References are made to the Company's announcements dated 24 June 2010, 25 June 2010 and 30 June 2010.
The Board of Directors of KFCH wishes to inform that KFCH has on 14 July 2010 and 15 July 2010 acquired from the open market additional 10,000,000 units of KPJ REIT for a total purchase consideration of RM10,354,295.40.
The details of the announcement are as per attachment.
Attachments: acquisition of KPJ REIT 4th purchase.doc
Company Name: KFC HOLDINGS (MALAYSIA) BERHAD
Stock Name: KFC
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: KFC Holdings (Malaysia) Bhd ("KFCH" or "the Company")
ACQUISITION OF 10,000,000 UNITS OF AL-�??AQAR KPJ REIT ("KPJ REIT") ("ACQUISITION")
Contents: References are made to the Company's announcements dated 24 June 2010, 25 June 2010 and 30 June 2010.
The Board of Directors of KFCH wishes to inform that KFCH has on 14 July 2010 and 15 July 2010 acquired from the open market additional 10,000,000 units of KPJ REIT for a total purchase consideration of RM10,354,295.40.
The details of the announcement are as per attachment.
Attachments: acquisition of KPJ REIT 4th purchase.doc
SEAL - SEAL INCORPORATED BERHAD ("SEAL" or the "Company") Extraordinary General Meeting ("EGM")
Announcement Type: General Announcement
Submitting Merchant Bank: MIDF AMANAH INVESTMENT BANK BERHAD
Company Name: SEAL INCORPORATED BERHAD
Stock Name: SEAL
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: SEAL INCORPORATED BERHAD ("SEAL" or the "Company")
Extraordinary General Meeting ("EGM")
Contents: We refer to the announcement dated 22 June 2010 made in relation to the notice of EGM ("Notice of EGM") of SEAL.
On behalf of the Company, MIDF Amanah Investment Bank Berhad wishes to announce that all the resolutions set out in the Notice of EGM dated 23 June 2010 and tabled at the EGM of SEAL, held today were duly approved by the shareholders of SEAL.
This announcement is dated 15 July 2010.
Submitting Merchant Bank: MIDF AMANAH INVESTMENT BANK BERHAD
Company Name: SEAL INCORPORATED BERHAD
Stock Name: SEAL
Date Announced: 15/07/2010
Announcement Detail:
Type: Announcement
Subject: SEAL INCORPORATED BERHAD ("SEAL" or the "Company")
Extraordinary General Meeting ("EGM")
Contents: We refer to the announcement dated 22 June 2010 made in relation to the notice of EGM ("Notice of EGM") of SEAL.
On behalf of the Company, MIDF Amanah Investment Bank Berhad wishes to announce that all the resolutions set out in the Notice of EGM dated 23 June 2010 and tabled at the EGM of SEAL, held today were duly approved by the shareholders of SEAL.
This announcement is dated 15 July 2010.
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