July 8, 2010

Company announcements: SUNCITY, KENMARK, PIE, KNM, COMCORP, LBICAP, LPI, BREM, MTD

SUNCITY - SUNWAY CITY BERHAD ("SCB")

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: SUNWAY CITY BERHAD
Stock Name: SUNCITY
Date Announced: 08/07/2010

Announcement Detail:
Type: Announcement

Subject: SUNWAY CITY BERHAD ("SCB")

Contents: SUNWAY CITY BERHAD ("SCB")

�?� DISPOSAL BY THE SUBSIDIARIES OF SCB OF THEIR INTERESTS IN:

(i) SUNWAY PYRAMID SHOPPING MALL;
(ii) SUNWAY RESORT HOTEL & SPA;
(iii) PYRAMID TOWER HOTEL;
(iv) MENARA SUNWAY;
(v) SUNWAY CARNIVAL SHOPPING MALL;
(vi) SUNWAY HOTEL SEBERANG JAYA;
(vii) SUNCITY IPOH HYPERMARKET; AND
(viii) SUNWAY TOWER,

TO SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNWAY REIT") FOR A TOTAL DISPOSAL CONSIDERATION OF APPROXIMATELY RM3,457 MILLION SATISFIED BY THE ISSUANCE OF 1,025,143,000 UNITS IN SUNWAY REIT AND THE BALANCE IN CASH, WHICH IS BASED ON THE MARKET VALUES OF THE PROPERTIES AS APPRAISED BY KNIGHT FRANK AND SUBSEQUENT TO THE APPLICATION OF THE PRICE ADJUSTMENT MECHANISM ("DISPOSAL OF PROPERTIES"); AND

�?� HOTEL MASTER LEASE ARRANGEMENTS COMPRISING:

(i) LEASE BY SUNWAY RESORT HOTEL SDN BHD OF SUNWAY RESORT HOTEL & SPA AND PYRAMID TOWER HOTEL FROM SUNWAY REIT; AND
(ii) LEASE BY SUNWAY HOTEL (SEBERANG JAYA) SDN BHD OF SUNWAY HOTEL SEBERANG JAYA FROM SUNWAY REIT,

IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE RESPECTIVE HOTEL MASTER LEASE AGREEMENTS ("HOTEL MASTER LEASE ARRANGEMENT").

(Unless otherwise stated, all words and abbreviations used herein shall have the same meaning as those defined in the SCB's announcement dated 10 May 2010).

Reference is made to the announcement dated 10 May 2010 in relation to the Disposal of Properties and the Hotel Master Lease Arrangement respectively.

On behalf of the Board of Directors of SCB, Maybank Investment Bank Berhad is pleased to announce that the Disposal of Properties and the Hotel Master Lease Arrangement were completed on 8 July 2010, with the fulfillment of all conditions precedent pertaining to the SPAs for the Disposal of Properties, as well as the relevant hotel master lease agreements.

Please refer to the attachment for the details of the announcement.

This announcement is dated 8 July 2010.

Attachments: SCB Announcement 8 July 2010.pdf


KENMARK - General Announcement

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 08/07/2010

Announcement Detail:
Type: Announcement

Subject: KENMARK INDUSTRIAL CO. (M) BERHAD ("Kenmark" or "the Company")
-Latest shareholding of Director, Mr Hwang Ding Kuo @ James Hwang and Ms Chen Wen-Ling

Contents: With reference to our announcement dated 22 June 2010, Kenmark wish to inform that based on the Record of Depositories dated 18 June 2010, the correct shareholding of Mr Hwang Ding Kuo @ James Hwang is 6,263,792 Kenmark shares and not 6,083,532 Kenmark shares as announced earlier due to typographical error. However the shareholding percentage, which is 3.51% was accurate.

Based on the Record of Depositories dated 30 June 2010, the shareholding of Mr Hwang Ding Kuo @ James Hwang is 6,263,792 Kenmark shares or approximately 3.51% which is the same amount as at 18 June 2010.

Ms Chen Wen-Ling's shareholdings in Kenmark based on the Record of Depositories dated 30 June 2010 is 13,832,400 Kenmark shares or approximately 7.76% which is the same amount as last disclosed on 22 June 2010.

Kenmark also wish to inform that there is no new substantial shareholder in Kenmark based on the Record of Depositories dated 30 June 2010.

This announcement is dated 8 July 2010


PIE - General Announcement

Announcement Type: General Announcement
Company Name: P.I.E. INDUSTRIAL BERHAD
Stock Name: PIE
Date Announced: 08/07/2010

Announcement Detail:
Type: Announcement

Subject: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities

Contents: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities


KNM - General Announcement

Announcement Type: General Announcement
Company Name: KNM GROUP BERHAD
Stock Name: KNM
Date Announced: 08/07/2010

Announcement Detail:
Type: Announcement

Subject: Substantial new orders secured by subsidiaries of KNM Group Berhad amounting to approximately RM288.8 million

Contents: 1. INTRODUCTION

KNM Group Berhad ("KNM") is pleased to announce that its wholly-owned subsidiaries, KNM Process Systems Sdn Bhd ("KNMPS"), FBM Hudson Italiana SpA ("FBM") and BORSIG Process Heat Exchanger GmbH ("BORSIG PHE") had collectively secured substantial new orders ("the Orders") from international clients for overseas projects.


2. THE ORDERS

From 24 June 2010 until to-date, KNMPS, FBM and BORSIG PHE have secured the following substantial new orders:

(i) KNMPS, from Prosernat SA:
(a) for molecular sieve adsorbers, dry gas dust filters, regeneration gas separators, regeneration gas filters and mercury adsorbers with associated accessories for the Bariven San Joaquin, Tren IV Project in Venezuela; and
(b) for skidded GSU (gas separation units) and SRU (sulphur removal units) for the Kharyaga Project in Russia;

(ii) KNMPS, from Malaysia Marine & Heavy Engineering Sdn Bhd, for provision of labour, tools, equipment and consumables for the Turkmenistan Block 1 Development Project in Turkmenistan;

(iii) FBM, from Consorcio CNCC for ACHE (air cooled heat exchangers) for the RNEST Refinaria do Nordeste Abreu e Lima - Petrobras Project in Brazil;

(iv) FBM, from Turbine Air Systems Ltd for AFC (air fin coolers) for the Queensland Curtis LNG Project in Australia; and

(v) BORSIG PHE, from Mississippi Power Company for primary syngas coolers for the Kemper County Integrated Gassification Combined Cycle Project in the USA.

The total value of the Orders amounts to approximately RM288.8 million.


3. INFORMATION ON KNMPS, FBM AND BORSIG PHE

KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990. Its registered address is at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia. KNMPS is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air fin coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide. Its authorised share capital is RM5,000,000 divided into 5,000,000 ordinary shares of RM1.00 each and its issued and paid-up is RM3,100,000. KNMPS is a wholly-owned subsidiary of KNM.

FBM was incorporated as a private limited company under the laws of Italy on 27 October 1992. Its business address is at Via Valtrighe 5 - 24030 Terno d'Isola (BG), Italy. It is mainly involved in design and manufacturing of air-cooled heat exchangers, specialty shell and tube heat exchangers and process gas waste heat boilers for oil, gas, petrochemical and desalination industries. Its authorised share capital is EUR746,501 divided into 746,501 ordinary shares of EUR1.00 each and its issued and paid-up is EUR746,501. FBM is a wholly-owned subsidiary of KNM Europa BV, which in turn is ultimately owned by KNM via KNMPS.

BORSIG PHE was incorporated as a private limited company under the laws of Germany on 5 June 2002. Its registered address and principal place of business are at Egellsstrasse 21, 13507 Berlin, Germany. It is mainly involved in processing, planning, fabrication and distribution of and the trading with machines, assets, apparatuses and miscellaneous components, particularly for generating plant, petrochemical and chemical industries. Its authorised and paid-up capital is EUR1,901,000. BORSIG PHE is a wholly-owned subsidiary of BORSIG GmbH, which in turn is ultimately owned by KNM via BORSIG Beteiligungsverwaltungsgesellschaft mbH, Deutsche KNM GmbH and KNMPS.


4. RISK FACTORS

Risk factors affecting the Orders include changes in general economic conditions such as, but not limited to inflation, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions.

The Orders do not alter the risk profile of KNM as KNM Group is already operating in the oil and gas industry and hence would continue to be exposed to risk factors that they currently face whilst operating in the industry.

Although KNM Group with its vast oil and gas experience may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNM Group.


5. APPROVALS

The Orders are not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or elsewhere.


6. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST

None of the Directors or major shareholders of KNM, or any persons connected to them, has any direct or indirect interest in the Orders.


7. EFFECTS OF THE ORDERS

The Orders are expected to contribute positively to the KNM Group's earnings for the financial years ending 31 December 2010, 31 December 2011 and 31 December 2012.


This announcement is dated 8 July 2010.


COMCORP - Addendum to the Notice of Seventh Annual General Meeting

Announcement Type: General Announcement
Company Name: COMINTEL CORPORATION BHD
Stock Name: COMCORP
Date Announced: 08/07/2010

Announcement Detail:
Type: Announcement

Subject: Addendum to the Notice of Seventh Annual General Meeting

Contents: Further to the announcement on 6 July 2010 pertaining to the Notice of Seventh Annual General Meeting ("7th AGM"), the Board of Directors of Comintel Corporation Bhd wishes to announce an Addendum to the Notice of 7th AGM in relation to the Explanatory Notes to Resolution 8 on Special Business.

A copy of the Addendum is attached.

This announcement is dated 8 July 2010.

Attachments: Addendum Notice of 7th AGM 2010.pdf


LBICAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: LBI CAPITAL BERHAD
Stock Name: LBICAP
Date Announced: 08/07/2010

Announcement Detail:
Date of buy back: 08/07/2010

Description of shares purchased: Ordinary shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 148,100

Minimum price paid for each share purchased ($$): 0.710

Maximum price paid for each share purchased ($$): 0.740

Total consideration paid ($$): 107,894.27

Number of shares purchased retained in treasury (units): 148,100

Cumulative net outstanding treasury shares as at to-date (units): 3,139,643

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.03


LPI - Quarterly rpt on consolidated results for the financial period ended 30/6/2010

Announcement Type: Financial Results
Company Name: LPI CAPITAL BHD
Stock Name: LPI
Date Announced: 08/07/2010

Announcement Detail:
Financial Year End: 31/12/2010

Quarter: 2

Quarterly report for the financial period ended: 30/06/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


LPI - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: LPI CAPITAL BHD
Stock Name: LPI
Date Announced: 08/07/2010

Announcement Detail:
EX-date: 21/07/2010

Entitlement date: 23/07/2010

Entitlement time: 04:00:00 PM

Entitlement subject: Interim Dividend

Entitlement description: Single tier interim dividend of 10 sen per ordinary share

Period of interest payment: to

Financial Year End: 31/12/2010

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd (Formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No.: 03-2264 3883
Fax No.: 03-2282 1886

Payment date: 29/07/2010

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 23/07/2010

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.1


BREM - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 08/07/2010

Announcement Detail:
Date of buy back: 08/07/2010

Description of shares purchased: Ordinary Shares @ RM1/- Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 13,000

Minimum price paid for each share purchased ($$): 1.180

Maximum price paid for each share purchased ($$): 1.210

Total consideration paid ($$): 15,495.35

Number of shares purchased retained in treasury (units): 13,000

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

Cumulative net outstanding treasury shares as at to-date (units): 3,666,900

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 (%): 2.63


MTD - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MTD CAPITAL BHD
Stock Name: MTD
Date Announced: 08/07/2010

Announcement Detail:
Date of buy back: 08/07/2010

Description of shares purchased: Ordinary Shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 23,400

Minimum price paid for each share purchased ($$): 4.590

Maximum price paid for each share purchased ($$): 4.600

Total consideration paid ($$): 107,406.00

Number of shares purchased retained in treasury (units): 23,400

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

Cumulative net outstanding treasury shares as at to-date (units): 22,443,632

Adjusted issued capital after cancellation (no. of shares) (units): 275,000,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 8.16



No comments:

Post a Comment