SUCCESS - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 01/07/2010
Announcement Detail:
Date of buy back: 01/07/2010
Description of shares purchased: Ordinary shares of RM 0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,400
Minimum price paid for each share purchased ($$): 1.170
Maximum price paid for each share purchased ($$): 1.180
Total consideration paid ($$): 23,888.40
Number of shares purchased retained in treasury (units): 20,400
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,396,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.33
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 01/07/2010
Announcement Detail:
Date of buy back: 01/07/2010
Description of shares purchased: Ordinary shares of RM 0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,400
Minimum price paid for each share purchased ($$): 1.170
Maximum price paid for each share purchased ($$): 1.180
Total consideration paid ($$): 23,888.40
Number of shares purchased retained in treasury (units): 20,400
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,396,500
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 (%): 5.33
FREIGHT - General Announcement
Announcement Type: General Announcement
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: Freight Management Holdings Bhd ("FMHB") ("Company")
-Investment in Icon Freight Services Company Limited
Contents: Further to the Company's announcement on 6 April 2010 (Ref No. CU-100406-53284), the Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Icon Line (Malaysia) Sdn Bhd has made a capital contribution of Vietnam dongs Two Hundred Fifty Five Million (VND255,000,000) in cash to the capital of Icon Freight Services Company Limited, a joint venture company in Ho Chi Minh City, Vietnam representing 51% of the issued and paid up share capital of Icon Freight Services Company Limited.
Upon completion of the capital contribution, Icon Freight Services Company Limited will be a 51% owned subsidiary of Icon Line (Malaysia) Sdn Bhd.
i) Financial effects on the Investment in Vietnam
The investment is not expected to have a material effect on the earnings and net assets of the Company and its subsidiaries for the financial year ending 30 June 2011.
ii) Directors' and Major Shareholders' Interest
None of the Directors, major shareholders of the Company and/or persons connected with them has any interest, direct and/ or indirect in the said investment.
iii) Approval Required
The investment is not subject to the approval of any relevant government authorities or shareholders.
iv) Statement by Directors
The Board of Directors of the Company is of the opinion that the above investment is in the best interest of the Company. The Board is not aware of any departure from the Securities Commission's Guidelines arising from the investment.
This announcement is dated 1 July 2010.
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: Freight Management Holdings Bhd ("FMHB") ("Company")
-Investment in Icon Freight Services Company Limited
Contents: Further to the Company's announcement on 6 April 2010 (Ref No. CU-100406-53284), the Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Icon Line (Malaysia) Sdn Bhd has made a capital contribution of Vietnam dongs Two Hundred Fifty Five Million (VND255,000,000) in cash to the capital of Icon Freight Services Company Limited, a joint venture company in Ho Chi Minh City, Vietnam representing 51% of the issued and paid up share capital of Icon Freight Services Company Limited.
Upon completion of the capital contribution, Icon Freight Services Company Limited will be a 51% owned subsidiary of Icon Line (Malaysia) Sdn Bhd.
i) Financial effects on the Investment in Vietnam
The investment is not expected to have a material effect on the earnings and net assets of the Company and its subsidiaries for the financial year ending 30 June 2011.
ii) Directors' and Major Shareholders' Interest
None of the Directors, major shareholders of the Company and/or persons connected with them has any interest, direct and/ or indirect in the said investment.
iii) Approval Required
The investment is not subject to the approval of any relevant government authorities or shareholders.
iv) Statement by Directors
The Board of Directors of the Company is of the opinion that the above investment is in the best interest of the Company. The Board is not aware of any departure from the Securities Commission's Guidelines arising from the investment.
This announcement is dated 1 July 2010.
FREIGHT - General Announcement
Announcement Type: General Announcement
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: FREIGHT MANAGEMENT HOLDINGS BHD ("FMH" or "the Company")
- Investment in Symphony Express Sdn Bhd ("SESB")
Contents: Further to the announcement to the Bursa Malaysia Securities Berhad on 9 December 2009 (Ref No. CU-091209-55046) where the Company had acquired 1 ordinary share in SESB for a cash consideration of RM1.00 only, FMH wishes to announce that the Company has on 1 July 2010 subscribed for 7,999 ordinary shares of RM1.00 each at par representing 80% of the enlarged issued and paid-up share capital of SESB for a total cash consideration of RM7,999.00.
The issued and paid-up capital of SESB after the subscription is RM10,000.00 divided into 10,000 ordinary shares of RM1.00 each. The authorised share capital of SESB is RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each.
On completion of the subscription, SESB would become a subsidiary of FMH.
Mr. Chew Chong Keat and Mr. Yang Heng Lam, Directors and substantial shareholders of FMH are also Directors of Symphony Express Sdn Bhd.
The subscription in SESB is not expected to have any material effect on the earnings or the net assets of the Company for the year ending 30 June 2011.
None of the directors or substantial shareholders of the Company, or persons connected to them, has any interest, direct or indirect, in the said subscription.
This announcement is dated 1 July 2010.
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: FREIGHT MANAGEMENT HOLDINGS BHD ("FMH" or "the Company")
- Investment in Symphony Express Sdn Bhd ("SESB")
Contents: Further to the announcement to the Bursa Malaysia Securities Berhad on 9 December 2009 (Ref No. CU-091209-55046) where the Company had acquired 1 ordinary share in SESB for a cash consideration of RM1.00 only, FMH wishes to announce that the Company has on 1 July 2010 subscribed for 7,999 ordinary shares of RM1.00 each at par representing 80% of the enlarged issued and paid-up share capital of SESB for a total cash consideration of RM7,999.00.
The issued and paid-up capital of SESB after the subscription is RM10,000.00 divided into 10,000 ordinary shares of RM1.00 each. The authorised share capital of SESB is RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each.
On completion of the subscription, SESB would become a subsidiary of FMH.
Mr. Chew Chong Keat and Mr. Yang Heng Lam, Directors and substantial shareholders of FMH are also Directors of Symphony Express Sdn Bhd.
The subscription in SESB is not expected to have any material effect on the earnings or the net assets of the Company for the year ending 30 June 2011.
None of the directors or substantial shareholders of the Company, or persons connected to them, has any interest, direct or indirect, in the said subscription.
This announcement is dated 1 July 2010.
TOCEAN - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: TRANSOCEAN HOLDINGS BHD
Stock Name: TOCEAN
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: MOHAMAD NIZAR BIN MOHAMAD NAJIB
Age: 32
Nationality: MALAYSIAN
Qualifications: 1. Bachelor of Arts (Honours) Industrial Economics, University of Nottingham, United Kingdom.
2. Associate Chartered Accountant having qualified with the Institute of Chartered Accountants England and Wales.
Working experience and occupation: He is presently the Executive Director (Office of the Chief Executive Director) of Deloitte KassimChan. He has 9 years of consulting and audit experience for Government, multi-national companies, listed and private enterprises. Prior to joining Deloitte Consulting Malaysia in 2005, he was attached to Deloitte's Audit and Assurance arm, and prior to that, he was working as Business Analyst with Accenture.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
Company Name: TRANSOCEAN HOLDINGS BHD
Stock Name: TOCEAN
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: MOHAMAD NIZAR BIN MOHAMAD NAJIB
Age: 32
Nationality: MALAYSIAN
Qualifications: 1. Bachelor of Arts (Honours) Industrial Economics, University of Nottingham, United Kingdom.
2. Associate Chartered Accountant having qualified with the Institute of Chartered Accountants England and Wales.
Working experience and occupation: He is presently the Executive Director (Office of the Chief Executive Director) of Deloitte KassimChan. He has 9 years of consulting and audit experience for Government, multi-national companies, listed and private enterprises. Prior to joining Deloitte Consulting Malaysia in 2005, he was attached to Deloitte's Audit and Assurance arm, and prior to that, he was working as Business Analyst with Accenture.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
VASTALX - General Announcement
Announcement Type: General Announcement
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: VASTALUX ENERGY BERHAD ("VEB" or "the Company")
-Advertisement of Winding-Up Petition in the matter of Vastalux Sdn. Bhd.("VSB") between Nubayu Offshore Company Sdn. Bhd. and VSB
Contents: Further to our announcement made on 30 March 2010, the Company wishes to inform that the matter has been fixed for hearing at the Kuala Lumpur High Court on 22 July 2010.
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: VASTALUX ENERGY BERHAD ("VEB" or "the Company")
-Advertisement of Winding-Up Petition in the matter of Vastalux Sdn. Bhd.("VSB") between Nubayu Offshore Company Sdn. Bhd. and VSB
Contents: Further to our announcement made on 30 March 2010, the Company wishes to inform that the matter has been fixed for hearing at the Kuala Lumpur High Court on 22 July 2010.
WWCABLE - General Announcement
Announcement Type: General Announcement
Company Name: WONDERFUL WIRE & CABLE BERHAD
Stock Name: WWCABLE
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: WONDERFUL WIRE & CABLE BERHAD ("the Company" OR "WWC")- MONTHLY STATUS ON DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE NO 1/2001 ("PN 1")
Contents: In compliance with Paragraph 3.2 of the PN 1, WWC wishes to announce that since the last announcement on 1st June, 2010, the default in payment of various loan/credit facilities by the Company and its subsidiary, WWC Oil & Gas (Malaysia) Sdn. Bhd. are as detailed in the attachment.
This announcement is dated 1st July, 2010.
Attachments: PN1 June 2010.pdf
Company Name: WONDERFUL WIRE & CABLE BERHAD
Stock Name: WWCABLE
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: WONDERFUL WIRE & CABLE BERHAD ("the Company" OR "WWC")- MONTHLY STATUS ON DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE NO 1/2001 ("PN 1")
Contents: In compliance with Paragraph 3.2 of the PN 1, WWC wishes to announce that since the last announcement on 1st June, 2010, the default in payment of various loan/credit facilities by the Company and its subsidiary, WWC Oil & Gas (Malaysia) Sdn. Bhd. are as detailed in the attachment.
This announcement is dated 1st July, 2010.
Attachments: PN1 June 2010.pdf
MAGNA - General Announcement
Announcement Type: General Announcement
Company Name: MAGNA PRIMA BERHAD
Stock Name: MAGNA
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: MAGNA PRIMA BERHAD ("MPB" OR THE "COMPANY")
ACQUISITION OF ALL PIECES OF LAND HELD UNDER GERAN 4628, 4629, 4630, 4631 AND 4632, LOTS 124, 125, 126, 127 AND 128 ALL IN SECTION 44, TOWN AND DISTRICT OF KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN TOGETHER WITH THE BUILDING(S) ERECTED THEREON ("ACQUISITION")
Contents: We refer to the announcements dated 23 March 2009, 22 May 2009, 15 September 2009, 18 September 2009, 15 October 2009, 16 December 2009, 23 February 2010, 11 March 2010 and 3 June 2010 in relation to the Acquisition.
Pursuant to Clause 3.1.1 of the Sale and Purchase Agreement dated 23 March 2009 made between Lai Meng Girls' School Association and Twinicon (M) Sdn Bhd, the Company wishes to announce that it has received on 1 July 2010, the letter from Ministry of Education dated 22 June 2010 approving the relocation of Lai Meng School and Lai Meng Kindergarten from Jalan Ampang to Bukit Jalil.
This announcement is dated 1 July 2010.
Company Name: MAGNA PRIMA BERHAD
Stock Name: MAGNA
Date Announced: 01/07/2010
Announcement Detail:
Type: Announcement
Subject: MAGNA PRIMA BERHAD ("MPB" OR THE "COMPANY")
ACQUISITION OF ALL PIECES OF LAND HELD UNDER GERAN 4628, 4629, 4630, 4631 AND 4632, LOTS 124, 125, 126, 127 AND 128 ALL IN SECTION 44, TOWN AND DISTRICT OF KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN TOGETHER WITH THE BUILDING(S) ERECTED THEREON ("ACQUISITION")
Contents: We refer to the announcements dated 23 March 2009, 22 May 2009, 15 September 2009, 18 September 2009, 15 October 2009, 16 December 2009, 23 February 2010, 11 March 2010 and 3 June 2010 in relation to the Acquisition.
Pursuant to Clause 3.1.1 of the Sale and Purchase Agreement dated 23 March 2009 made between Lai Meng Girls' School Association and Twinicon (M) Sdn Bhd, the Company wishes to announce that it has received on 1 July 2010, the letter from Ministry of Education dated 22 June 2010 approving the relocation of Lai Meng School and Lai Meng Kindergarten from Jalan Ampang to Bukit Jalil.
This announcement is dated 1 July 2010.
WIDETEC - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: WIDETECH (MALAYSIA) BERHAD
Stock Name: WIDETEC
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Redesignation
Previous Position: Executive Director
New Position: Non-Executive Director
Directorate: Non Independent & Non Executive
Name: Lee Yoke Shue
Age: 55
Nationality: Malaysian
Qualifications: Mr Lee holds a Bachelor of Economics (Accounting) degree from the University of La Trobe, Australia. He is a Chartered Accountant and is also a member of the Malaysian Institute of Certified Public Accountants.
Working experience and occupation: Mr Lee was previously attached to Price Waterhouse (now known as PricewaterhouseCoopers) for Eighteen (18) years. During his tenure, he was involved in providing auditing and business advisory services to both private and public sectors, investigations and litigation support to corporations facing disputes, corporate recovery and business turnarounds during economic crisis and privatisation and corporatization services to the government.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
Company Name: WIDETECH (MALAYSIA) BERHAD
Stock Name: WIDETEC
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Redesignation
Previous Position: Executive Director
New Position: Non-Executive Director
Directorate: Non Independent & Non Executive
Name: Lee Yoke Shue
Age: 55
Nationality: Malaysian
Qualifications: Mr Lee holds a Bachelor of Economics (Accounting) degree from the University of La Trobe, Australia. He is a Chartered Accountant and is also a member of the Malaysian Institute of Certified Public Accountants.
Working experience and occupation: Mr Lee was previously attached to Price Waterhouse (now known as PricewaterhouseCoopers) for Eighteen (18) years. During his tenure, he was involved in providing auditing and business advisory services to both private and public sectors, investigations and litigation support to corporations facing disputes, corporate recovery and business turnarounds during economic crisis and privatisation and corporatization services to the government.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
MAYPAK - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: MALAYSIA PACKAGING INDUSTRY BERHAD
Stock Name: MAYPAK
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: TAUFIQ AHMAD @ AHMAD MUSTAPHA GHAZALI
Age: 62
Nationality: Malaysian
Qualifications: CA(M), FCCA, CPA(M), ACA(Eng & Wales), MBA (LEICS)
Working experience and occupation: He has more than 30 years experience in public accounting firm.
Directorship of public companies (if any): Prolexus Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
Company Name: MALAYSIA PACKAGING INDUSTRY BERHAD
Stock Name: MAYPAK
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: TAUFIQ AHMAD @ AHMAD MUSTAPHA GHAZALI
Age: 62
Nationality: Malaysian
Qualifications: CA(M), FCCA, CPA(M), ACA(Eng & Wales), MBA (LEICS)
Working experience and occupation: He has more than 30 years experience in public accounting firm.
Directorship of public companies (if any): Prolexus Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
MAYPAK - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: MALAYSIA PACKAGING INDUSTRY BERHAD
Stock Name: MAYPAK
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Appointment
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: TAUFIQ AHMAD @ AHMAD MUSTAPHA GHAZALI
Age: 62
Nationality: Malaysian
Qualifications: CA(M), FCCA, CPA(M), ACA(Eng & Wales), MBA(LEICS)
Working experience and occupation: He has more than 30 years experience in public accounting firm.
Directorship of public companies (if any): Prolexus Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
Composition of Audit Committee (Name and Directorate of members after change): 1. Taufiq Ahmad @ Ahmad Mustapha Ghazali - Chairman
(Independent Non-Executive Director)
2. Datuk Sulaiman Bin Daud - Member
(Independent Non-Executive Director)
3. Kazuhisa Kobayashi - Member
(Non-Independent Non-Executive Director)
Company Name: MALAYSIA PACKAGING INDUSTRY BERHAD
Stock Name: MAYPAK
Date Announced: 01/07/2010
Announcement Detail:
Date of change: 01/07/2010
Type of change: Appointment
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: TAUFIQ AHMAD @ AHMAD MUSTAPHA GHAZALI
Age: 62
Nationality: Malaysian
Qualifications: CA(M), FCCA, CPA(M), ACA(Eng & Wales), MBA(LEICS)
Working experience and occupation: He has more than 30 years experience in public accounting firm.
Directorship of public companies (if any): Prolexus Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
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: Nil
Composition of Audit Committee (Name and Directorate of members after change): 1. Taufiq Ahmad @ Ahmad Mustapha Ghazali - Chairman
(Independent Non-Executive Director)
2. Datuk Sulaiman Bin Daud - Member
(Independent Non-Executive Director)
3. Kazuhisa Kobayashi - Member
(Non-Independent Non-Executive Director)
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