WEIDA - ACQUISITION OF NEW SUBSIDIARY
Announcement Type: General Announcement
Company Name: WEIDA (M) BHD
Stock Name: WEIDA
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF NEW SUBSIDIARY
Contents: Weida (M) Bhd. ("the Company") wishes to announce that the 56% owned subsidiary of the Company, Weida Environmental Technology Sdn. Bhd. ("WET") has on 28 July 2010 acquired two (2) ordinary shares of RM1.00 each in the share capital of Hydro Solutions Sdn. Bhd. ("HSSB"), at a total cash consideration sum of RM2.00. Subsequent to the acquisition of the said shares, HSSB became a 100% owned subsidiary of WET.
The Board, having considered all aspects of the acquisition, was of the opinion that the acquisition is in the best interest of the Company and not detrimental to the interests of the minority shareholders.
Company Name: WEIDA (M) BHD
Stock Name: WEIDA
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF NEW SUBSIDIARY
Contents: Weida (M) Bhd. ("the Company") wishes to announce that the 56% owned subsidiary of the Company, Weida Environmental Technology Sdn. Bhd. ("WET") has on 28 July 2010 acquired two (2) ordinary shares of RM1.00 each in the share capital of Hydro Solutions Sdn. Bhd. ("HSSB"), at a total cash consideration sum of RM2.00. Subsequent to the acquisition of the said shares, HSSB became a 100% owned subsidiary of WET.
The Board, having considered all aspects of the acquisition, was of the opinion that the acquisition is in the best interest of the Company and not detrimental to the interests of the minority shareholders.
KOSSAN - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: KOSSAN RUBBER INDUSTRIES BERHAD
Stock Name: KOSSAN
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: KOSSAN RUBBER INDUSTRIES BHD ("KOSSAN" OR THE "COMPANY")
BONUS ISSUE OF 159,866,976 NEW ORDINARY SHARES OF RM0.50 EACH ("BONUS SHARES") IN KOSSAN ("KOSSAN SHARES" OR "SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) EXISTING KOSSAN SHARE HELD AT 5.00 P.M. ON 28 JULY 2010 ("BONUS ISSUE")
Contents: We refer to the announcements dated 21 April 2010, 29 April 2010, 3 May 2010, 22 June 2010 and 25 June 2010 pertaining to the Bonus Issue.
Pursuant thereto, on behalf of the Board of Directors of KOSSAN, we wish to announce that 159,866,976 Bonus Shares will be issued pursuant to the Bonus Issue.
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Thursday, 29 July 2010.
This announcement is dated 28 July 2010.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: KOSSAN RUBBER INDUSTRIES BERHAD
Stock Name: KOSSAN
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: KOSSAN RUBBER INDUSTRIES BHD ("KOSSAN" OR THE "COMPANY")
BONUS ISSUE OF 159,866,976 NEW ORDINARY SHARES OF RM0.50 EACH ("BONUS SHARES") IN KOSSAN ("KOSSAN SHARES" OR "SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) EXISTING KOSSAN SHARE HELD AT 5.00 P.M. ON 28 JULY 2010 ("BONUS ISSUE")
Contents: We refer to the announcements dated 21 April 2010, 29 April 2010, 3 May 2010, 22 June 2010 and 25 June 2010 pertaining to the Bonus Issue.
Pursuant thereto, on behalf of the Board of Directors of KOSSAN, we wish to announce that 159,866,976 Bonus Shares will be issued pursuant to the Bonus Issue.
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Thursday, 29 July 2010.
This announcement is dated 28 July 2010.
KBB - General Announcement
Announcement Type: General Announcement
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 28/07/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-100727-41012
Subject: KBB RESOURCES BERHAD ("KBB" OR " THE COMPANY")
ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 1 OF THE LISTING REQUIREMENTS
Contents: The Board of Directors of KBB Resources Berhad (the "Company") wishes to furnish the following additional information for public release as requested by Bursa Malaysia Securities Berhad based on their letter dated 27 July 2010 pertaining to the above matter:-
1) The key contributing factor leading to the default in payment was mainly due to the increase in raw material prices over the past few financial years. Main raw material such as Broken Rice, Corn Starch, Tapioca Starch and Sago Starch doubled up in price in the financial years 2007 and 2008 which resulted in the financial strain faced by the Company. The prices of raw materials continued to escalate gradually between the financial years 2008 to 2010 which further burdened the Company's financials.
The cash flow of KBB was also affected by their investment in Indonesia which has yet to yield any financial returns.
2) The application to the Corporate Debt Restructuring Committee ("CDRC") was submitted on 21 July 2010. However, the Company is still in the midst of preparing the proposed debt restructuring plan and other documents as required by CDRC. The Company targets to furnish all documents to CDRC by early August 2010 and to be accepted by CDRC in the end of August 2010.
3) The default in payment will not have any substantial short term impact on the business and operations of KBB. The Company has been in existence for more than twenty (20) years and has formed a solid business relationship with its suppliers along the way. As a result, the existing suppliers of KBB are willing to give their support to the Company. The Management of KBB is also taking active actions to improve the collection from customers as an immediate measure to improve cash flow.
However, a feasible restructuring scheme is required to enable KBB to repay its borrowers in the long term.
Query Letter Content:
We refer to your Company's announcement dated 26 July 2010, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad with the following additional information for public release:-
1) The details of circumstances leading to the default in payments, including the reasons for the Group not being able to repay the debts;
2) The date of submission of the proposed debt restructuring plan to the Corporate Debt Restructuring Committee ("CDRC"), and whether the CDRC has accepted and/or granted any extension of time to implement the restructuring plan;
3) The business and operational impact to the Group arising from the default in payments.
Please furnish Bursa Malaysia Securities Berhad with your reply within one (1) market day from the date hereof.
Yours faithfully,
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
HTH/IJ
Copy to : General Manager & Head, Market Surveillance, Securities Commission (via fax)
This announcement is dated 28 July 2010.
Query Letter content: We refer to your Company's announcement dated 26 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:-
The details of circumstances leading to the default in payments, including the
reasons for the Group not being able to repay the debts;
The date of submission of the proposed debt restructuring plan to the Corporate
Debt Restructuring Committee ("CDRC"), and whether the CDRC has accepted and/or
granted any extension of time to implement the restructuring plan; and
The business and operational impact to the Group arising from the default in
payments.
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
HTH/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 28/07/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-100727-41012
Subject: KBB RESOURCES BERHAD ("KBB" OR " THE COMPANY")
ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 1 OF THE LISTING REQUIREMENTS
Contents: The Board of Directors of KBB Resources Berhad (the "Company") wishes to furnish the following additional information for public release as requested by Bursa Malaysia Securities Berhad based on their letter dated 27 July 2010 pertaining to the above matter:-
1) The key contributing factor leading to the default in payment was mainly due to the increase in raw material prices over the past few financial years. Main raw material such as Broken Rice, Corn Starch, Tapioca Starch and Sago Starch doubled up in price in the financial years 2007 and 2008 which resulted in the financial strain faced by the Company. The prices of raw materials continued to escalate gradually between the financial years 2008 to 2010 which further burdened the Company's financials.
The cash flow of KBB was also affected by their investment in Indonesia which has yet to yield any financial returns.
2) The application to the Corporate Debt Restructuring Committee ("CDRC") was submitted on 21 July 2010. However, the Company is still in the midst of preparing the proposed debt restructuring plan and other documents as required by CDRC. The Company targets to furnish all documents to CDRC by early August 2010 and to be accepted by CDRC in the end of August 2010.
3) The default in payment will not have any substantial short term impact on the business and operations of KBB. The Company has been in existence for more than twenty (20) years and has formed a solid business relationship with its suppliers along the way. As a result, the existing suppliers of KBB are willing to give their support to the Company. The Management of KBB is also taking active actions to improve the collection from customers as an immediate measure to improve cash flow.
However, a feasible restructuring scheme is required to enable KBB to repay its borrowers in the long term.
Query Letter Content:
We refer to your Company's announcement dated 26 July 2010, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad with the following additional information for public release:-
1) The details of circumstances leading to the default in payments, including the reasons for the Group not being able to repay the debts;
2) The date of submission of the proposed debt restructuring plan to the Corporate Debt Restructuring Committee ("CDRC"), and whether the CDRC has accepted and/or granted any extension of time to implement the restructuring plan;
3) The business and operational impact to the Group arising from the default in payments.
Please furnish Bursa Malaysia Securities Berhad with your reply within one (1) market day from the date hereof.
Yours faithfully,
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
HTH/IJ
Copy to : General Manager & Head, Market Surveillance, Securities Commission (via fax)
This announcement is dated 28 July 2010.
Query Letter content: We refer to your Company's announcement dated 26 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:-
The details of circumstances leading to the default in payments, including the
reasons for the Group not being able to repay the debts;
The date of submission of the proposed debt restructuring plan to the Corporate
Debt Restructuring Committee ("CDRC"), and whether the CDRC has accepted and/or
granted any extension of time to implement the restructuring plan; and
The business and operational impact to the Group arising from the default in
payments.
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
HTH/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
BKOON - BOON KOON GROUP BERHAD - Convening of Eighth Annual General Meeting
Announcement Type: General Announcement
Company Name: BOON KOON GROUP BERHAD
Stock Name: BKOON
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: BOON KOON GROUP BERHAD
- Convening of Eighth Annual General Meeting
Contents: The Board of Directors of Boon Koon Group Berhad (the "Company") would like to inform that the Eighth Annual General Meeting ("AGM") of the Company will be held at the Majestic Hall of Bukit Jawi Golf Resort, Lot 414, MK 6, Jalan Paya Kemian Sempayi, 14200 Sungai Jawi, Penang on Wednesday, 25 August 2010 at 9:00am.
The full text of the notice of AGM is attached.
This announcement is dated 28 July 2010.
Attachments: Notice AGM-2010_Final(Boon Koon).doc
Company Name: BOON KOON GROUP BERHAD
Stock Name: BKOON
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: BOON KOON GROUP BERHAD
- Convening of Eighth Annual General Meeting
Contents: The Board of Directors of Boon Koon Group Berhad (the "Company") would like to inform that the Eighth Annual General Meeting ("AGM") of the Company will be held at the Majestic Hall of Bukit Jawi Golf Resort, Lot 414, MK 6, Jalan Paya Kemian Sempayi, 14200 Sungai Jawi, Penang on Wednesday, 25 August 2010 at 9:00am.
The full text of the notice of AGM is attached.
This announcement is dated 28 July 2010.
Attachments: Notice AGM-2010_Final(Boon Koon).doc
TOCEAN - TRANSOCEAN HOLDINGS BHD ("TRANSOCEAN" OR "THE COMPANY") - Acquisition of a wholly-owned subsidiary
Announcement Type: General Announcement
Company Name: TRANSOCEAN HOLDINGS BHD
Stock Name: TOCEAN
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: TRANSOCEAN HOLDINGS BHD ("TRANSOCEAN" OR "THE COMPANY")
- Acquisition of a wholly-owned subsidiary
Contents: Pursuant to paragraph 10.08(1) and paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of Transocean wishes to announce that the Company has on 28 July 2010 entered into a conditional Share Purchase Agreement ("SPA") with TFS Line Pte. Ltd. ("TFS Line" or "the Vendor") to acquire the remaining 200,010 ordinary shares of Singapore Dollar 1.00 each in TFS Logistics Pte. Ltd. ("TFS Logistics") representing 80% of the issued and paid up share capital of TFS Logistics, at a total consideration of Singapore Dollar Four Hundred Thousand Five Hundred and Seventy One (SD400,571.00) only ("Purchase Consideration"). (hereinafter referred to as "Acquisition")
Transocean (M) Sdn Bhd, a wholly owned subsidiary of the Company owns the remaining 50,000 ordinary shares of SD1.00 each representing 20% of the issued and paid-up capital of TFS Logistics prior to the Acquisition. Upon completion of the Acquisition, TFS Logistics shall become a wholly-owned subsidiary of the Company.
Pursuant to paragraph 10.08 of the Main Market Listing Requirements ("LR") of Bursa Securities, the said transaction is deemed as a related party transaction.
Please refer to the attached announcement for details of the Acquisition.
Attachments: attachment_acquisition of subsidiary.pdf
Company Name: TRANSOCEAN HOLDINGS BHD
Stock Name: TOCEAN
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: TRANSOCEAN HOLDINGS BHD ("TRANSOCEAN" OR "THE COMPANY")
- Acquisition of a wholly-owned subsidiary
Contents: Pursuant to paragraph 10.08(1) and paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of Transocean wishes to announce that the Company has on 28 July 2010 entered into a conditional Share Purchase Agreement ("SPA") with TFS Line Pte. Ltd. ("TFS Line" or "the Vendor") to acquire the remaining 200,010 ordinary shares of Singapore Dollar 1.00 each in TFS Logistics Pte. Ltd. ("TFS Logistics") representing 80% of the issued and paid up share capital of TFS Logistics, at a total consideration of Singapore Dollar Four Hundred Thousand Five Hundred and Seventy One (SD400,571.00) only ("Purchase Consideration"). (hereinafter referred to as "Acquisition")
Transocean (M) Sdn Bhd, a wholly owned subsidiary of the Company owns the remaining 50,000 ordinary shares of SD1.00 each representing 20% of the issued and paid-up capital of TFS Logistics prior to the Acquisition. Upon completion of the Acquisition, TFS Logistics shall become a wholly-owned subsidiary of the Company.
Pursuant to paragraph 10.08 of the Main Market Listing Requirements ("LR") of Bursa Securities, the said transaction is deemed as a related party transaction.
Please refer to the attached announcement for details of the Acquisition.
Attachments: attachment_acquisition of subsidiary.pdf
BSLCORP - Quarterly rpt on consolidated results for the financial period ended 31/5/2010
Announcement Type: Financial Results
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 28/07/2010
Announcement Detail:
Financial Year End: 31/08/2010
Quarter: 3
Quarterly report for the financial period ended: 31/05/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 28/07/2010
Announcement Detail:
Financial Year End: 31/08/2010
Quarter: 3
Quarterly report for the financial period ended: 31/05/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
SCNWOLF - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 28/07/2010
Announcement Detail:
Date of buy back: 28/07/2010
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 30,000
Minimum price paid for each share purchased ($$): 0.355
Maximum price paid for each share purchased ($$): 0.355
Total consideration paid ($$): 10,728.10
Number of shares purchased retained in treasury (units): 30,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 317,900
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.40
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 28/07/2010
Announcement Detail:
Date of buy back: 28/07/2010
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 30,000
Minimum price paid for each share purchased ($$): 0.355
Maximum price paid for each share purchased ($$): 0.355
Total consideration paid ($$): 10,728.10
Number of shares purchased retained in treasury (units): 30,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 317,900
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.40
HAIO - General Announcement
Announcement Type: General Announcement
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by Director pursuant to Paragraph 14.09(a)of the Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Malaysia Securities Berhad, Hai-O Enterprise Berhad ("the Company") wishes to announce that the Company has received notification dated 28 July 2010 from the following Director in relation to her dealing in the securities of the Company :-
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 28/07/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by Director pursuant to Paragraph 14.09(a)of the Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Malaysia Securities Berhad, Hai-O Enterprise Berhad ("the Company") wishes to announce that the Company has received notification dated 28 July 2010 from the following Director in relation to her dealing in the securities of the Company :-
DAIBOCI - Second interim dividend
Announcement Type: Entitlements (Notice of Book Closure)
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 28/07/2010
Announcement Detail:
EX-date: 11/08/2010
Entitlement date: 13/08/2010
Entitlement time: 04:00:00 PM
Entitlement subject: Second interim dividend
Entitlement description: Interim tax exempt dividend of 2.50 sen per share
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: 16/08/2010 to 16/08/2010 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower,
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No. : 03-22643883
Payment date: 03/09/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 13/08/2010
b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit: 11/08/2010
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.025
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 28/07/2010
Announcement Detail:
EX-date: 11/08/2010
Entitlement date: 13/08/2010
Entitlement time: 04:00:00 PM
Entitlement subject: Second interim dividend
Entitlement description: Interim tax exempt dividend of 2.50 sen per share
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: 16/08/2010 to 16/08/2010 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower,
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No. : 03-22643883
Payment date: 03/09/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 13/08/2010
b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit: 11/08/2010
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.025
DAIBOCI - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 28/07/2010
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)
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 28/07/2010
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)
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