GENP - CROP PRODUCTION FOR JULY 2010
Announcement Type: General Announcement
Company Name: GENTING PLANTATIONS BERHAD
Stock Name: GENP
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: CROP PRODUCTION FOR JULY 2010
Contents: .
Company Name: GENTING PLANTATIONS BERHAD
Stock Name: GENP
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: CROP PRODUCTION FOR JULY 2010
Contents: .
OLYMPIA - Quarterly update on Memorandum of Understanding ("MOU")
Announcement Type: General Announcement
Company Name: OLYMPIA INDUSTRIES BERHAD
Stock Name: OLYMPIA
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: Quarterly update on Memorandum of Understanding ("MOU")
Contents: Reference is made to the announcement dated 17 May 2010 in relation to the MOU between Lotteries Corporation Sdn Bhd and Taiwan Lottery Co., Ltd.
Olympia Industries Berhad wishes to announce that both parties are currently in the midst of negotiation on the terms of the 4-digit game business cooperation agreement. Both parties shall endeavour to finalise and execute the aforesaid agreement within 6 months from the date of the MOU.
This announcement is dated 16 August 2010.
Company Name: OLYMPIA INDUSTRIES BERHAD
Stock Name: OLYMPIA
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: Quarterly update on Memorandum of Understanding ("MOU")
Contents: Reference is made to the announcement dated 17 May 2010 in relation to the MOU between Lotteries Corporation Sdn Bhd and Taiwan Lottery Co., Ltd.
Olympia Industries Berhad wishes to announce that both parties are currently in the midst of negotiation on the terms of the 4-digit game business cooperation agreement. Both parties shall endeavour to finalise and execute the aforesaid agreement within 6 months from the date of the MOU.
This announcement is dated 16 August 2010.
GUH - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Resignation
Designation: Alternate Director
Directorate: Non Independent & Non Executive
Name: Howell Chen Chung
Age: 41
Nationality: American Chinese
Qualifications: Bachelor of Science and Master of Science in Electrical Engineering Degree, Polytechnic State University of Pomona, California, USA.
Working experience and occupation: Executive Director of the Company from 20 January 1998 till 31 December 2007.
Directorship of public companies (if any): N/A
Family relationship with any director and/or major shareholder of the listed issuer: The son of Dato' Chung Chin Fu (Non-Executive Deputy Chairman)
Any conflict of interests that he/she has with the listed issuer: No
Details of any interest in the securities of the listed issuer or its subsidiaries: 2,733,000 (Direct Interest)
14,221,286 (Indirect Interest)
Company Name: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Resignation
Designation: Alternate Director
Directorate: Non Independent & Non Executive
Name: Howell Chen Chung
Age: 41
Nationality: American Chinese
Qualifications: Bachelor of Science and Master of Science in Electrical Engineering Degree, Polytechnic State University of Pomona, California, USA.
Working experience and occupation: Executive Director of the Company from 20 January 1998 till 31 December 2007.
Directorship of public companies (if any): N/A
Family relationship with any director and/or major shareholder of the listed issuer: The son of Dato' Chung Chin Fu (Non-Executive Deputy Chairman)
Any conflict of interests that he/she has with the listed issuer: No
Details of any interest in the securities of the listed issuer or its subsidiaries: 2,733,000 (Direct Interest)
14,221,286 (Indirect Interest)
GUH - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 16/08/2010
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: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 16/08/2010
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)
GUH - Interim Dividend
Announcement Type: Entitlements (Notice of Book Closure)
Company Name: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 16/08/2010
Announcement Detail:
EX-date: 27/08/2010
Entitlement date: 01/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Interim Dividend
Entitlement description: 5.5 sen per share of RM1.00 each less 25% income tax
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: 27/08/2010 to 01/09/2010 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: MEGA CORPORATE SERVICES SDN. BHD.
Level 15-2 Faber Imperial Court,
Jalan Sultan Ismail,
50250 Kuala Lumpur.
Tel : 03-26924271
Payment date: 13/09/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 01/09/2010
b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit: 27/08/2010
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.055
Company Name: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 16/08/2010
Announcement Detail:
EX-date: 27/08/2010
Entitlement date: 01/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Interim Dividend
Entitlement description: 5.5 sen per share of RM1.00 each less 25% income tax
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: 27/08/2010 to 01/09/2010 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: MEGA CORPORATE SERVICES SDN. BHD.
Level 15-2 Faber Imperial Court,
Jalan Sultan Ismail,
50250 Kuala Lumpur.
Tel : 03-26924271
Payment date: 13/09/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 01/09/2010
b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit: 27/08/2010
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.055
KEURO - KUMPULAN EUROPLUS BERHAD ("KEURO" or the "Company") DISPOSAL OF SHARES IN TALAM CORPORATION BERHAD
Announcement Type: General Announcement
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: KUMPULAN EUROPLUS BERHAD ("KEURO" or the "Company")
DISPOSAL OF SHARES IN TALAM CORPORATION BERHAD
Contents: The Board of Directors of KEURO wishes to announce that KEURO has, on 13 August 2010, disposed of 63,863,636 ordinary shares of RM0.20 each, representing 2.26% of the total voting shares capital of Talam Corporation Berhad ("Talam") for net proceeds of RM6,878,346.21 ("the Disposal"). The shares arose from recent conversion of Redeemable Convertible Secured Loan Stock-D ("RCSLS-D") which were acquired on 20 May 2010. The placement of Talam shares was made to strategic funds who have taken an interest to participate in the recovery story of Talam.
Attachments: Announcement - disposal1-16.08.2010.doc
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: KUMPULAN EUROPLUS BERHAD ("KEURO" or the "Company")
DISPOSAL OF SHARES IN TALAM CORPORATION BERHAD
Contents: The Board of Directors of KEURO wishes to announce that KEURO has, on 13 August 2010, disposed of 63,863,636 ordinary shares of RM0.20 each, representing 2.26% of the total voting shares capital of Talam Corporation Berhad ("Talam") for net proceeds of RM6,878,346.21 ("the Disposal"). The shares arose from recent conversion of Redeemable Convertible Secured Loan Stock-D ("RCSLS-D") which were acquired on 20 May 2010. The placement of Talam shares was made to strategic funds who have taken an interest to participate in the recovery story of Talam.
Attachments: Announcement - disposal1-16.08.2010.doc
BJLAND - BERJAYA LAND BERHAD ("B-LAND" OR THE "COMPANY")
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: BERJAYA LAND BERHAD
Stock Name: BJLAND
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: BERJAYA LAND BERHAD ("B-LAND" OR THE "COMPANY")
Contents: RINGGIT MALAYSIA ("RM") 900 MILLION NOMINAL VALUE EIGHT PER CENTUM FIVE (5) - YEAR SECURED EXCHANGEABLE BONDS ("EXCHANGEABLE BOND") ("EXCHANGEABLE BONDS ISSUE" OR THE "ISSUE")
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: BERJAYA LAND BERHAD
Stock Name: BJLAND
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: BERJAYA LAND BERHAD ("B-LAND" OR THE "COMPANY")
Contents: RINGGIT MALAYSIA ("RM") 900 MILLION NOMINAL VALUE EIGHT PER CENTUM FIVE (5) - YEAR SECURED EXCHANGEABLE BONDS ("EXCHANGEABLE BOND") ("EXCHANGEABLE BONDS ISSUE" OR THE "ISSUE")
TAANN - JOINT VENTURE AGREEMENTS BETWEEN TA ANN PLANTATION SDN BHD AND PELITA HOLDINGS SDN BHD
Announcement Type: General Announcement
Company Name: TA ANN HOLDINGS BERHAD
Stock Name: TAANN
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: JOINT VENTURE AGREEMENTS BETWEEN TA ANN PLANTATION SDN BHD AND PELITA HOLDINGS SDN BHD
Contents: (1) INTRODUCTION
The Board of Directors of Ta Ann Holdings Berhad ("TA ANN" or the "Company") is pleased to announce that a wholly owned subsidiary of the Company, Ta Ann Plantation Sdn Bhd (hereinafter referred to as "TAP") has on 13th August 2010 entered into two (2) Joint Venture Agreements ("JVAs") with Pelita Holdings Sdn Bhd ("PHSB") for the purpose of setting up Joint Venture Companies, (hereinafter referred to as "JVCs") to be incorporated by the Company and PHSB under the Companies Act 1965 and jointly owned by the parties to implement oil palm development projects (hereinafter referred to as "the Projects") in partnership with the native landowners [hereinafter referred to as " Native Customary Rights ( " NCR ") Owners "] over
(a) the parcels of NCR land situated at Lesih Block E, Kanowit, Sibu Division, Sarawak containing in the aggregate a gross area of 7,000 hectares; and
(b) the parcels of NCR land situated at Naman-Nunggang, Ulu Assan, Sibu Division, Sarawak containing in the aggregate a gross area of 4,000 hectares,
respectively (hereinafter collectively referred to as "the said Lands").
(2) PARTIES
PHSB is a subsidiary of PELITA (Land Custody and Development Authority), a statutory body under the Ministry of Rural and Land Development, Sarawak.
The NCR Owners are the natives who are in occupation of and having NCR over the said Lands.
(3) TERMS OF THE JVA
The equity structure of each of the JVCs will be as follows:
Party Percentage of holdings
TA ANN 60%
PHSB as trustee of NCR Owners 30%
PHSB 10%
- PHSB's Role in the Joint Venture
The duties and responsibilities of PHSB in the joint venture include the following:
(i) PHSB will initiate and procure the declaration of the said Lands as NCR Development Area and apply to the relevant authorities for the alienation of the said Lands to the respective JVCs.
(ii) PHSB will also be responsible for initiating and facilitating the process of sorting out land matters relating to NCR Owners involved in the JVCs.
(iii) PHSB is acting as trustee of NCR Owners.
- TAP's Role in the Joint Venture
TAP shall set up teams of competent and professional personnel to develop and manage the Projects. TA ANN will provide other assistance to the JVCs as may be necessary including but not limited to the sourcing of funds for the Projects and providing the necessary support if required.
(4) SOURCE OF FUNDS
TAP's participation in the JVCs will be financed through the Group's internally generated funds.
(5) RATIONALE FOR THE PROPOSED JOINT VENTURE
The JVAs will enable the Group to further increase its total acreage of oil palm plantations. This is in line with the Group's aim of continually expanding its oil palm division to achieve greater economies of scale and to broaden its earnings base.
The participation of PHSB and the NCR Owners will enhance the viability of the Projects. PHSB has vast experience in facilitating joint ventures between private sector investors and native land owners. It is also well versed in the procedural requirements for the implementation of such projects.
The said Lands are located in the proximity of the Group's oil palm plantation and CPO mill at Naman. The development of the said Lands into oil palm plantation will create job opportunities for the local residents, and assist them to improve their earnings and standard of living.
(6) FINANCIAL EFFECTS OF THE PROPOSED JVAs
- Earnings
The JVAs are not expected to contribute to the earnings of TA ANN for financial year ending 31 December 2010. However it is expected to contribute positively in the future years, when the mature oil palms are producing fresh fruit bunches.
- Net Assets, Share Capital and Substantial Shareholders' Shareholdings
The JVAs are not expected to have significant effects on the net assets of TA ANN, nor will they have any effect on the share capital and shareholding structure of TA ANN, for financial year ending 31 December 2010.
(7) DIRECTORS AND SUBSTANTIAL SHAREHOLDERS' INTEREST
None of the directors and / or substantial shareholders of TA ANN and / or any persons connected to them have any interest, direct or indirect in the JVAs.
(8) DIRECTORS' STATEMENT
The Directors of TA ANN are of the opinion that the JVAs are in the best interest of the Company and the Group.
This announcement is dated 16th August 2010.
Company Name: TA ANN HOLDINGS BERHAD
Stock Name: TAANN
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: JOINT VENTURE AGREEMENTS BETWEEN TA ANN PLANTATION SDN BHD AND PELITA HOLDINGS SDN BHD
Contents: (1) INTRODUCTION
The Board of Directors of Ta Ann Holdings Berhad ("TA ANN" or the "Company") is pleased to announce that a wholly owned subsidiary of the Company, Ta Ann Plantation Sdn Bhd (hereinafter referred to as "TAP") has on 13th August 2010 entered into two (2) Joint Venture Agreements ("JVAs") with Pelita Holdings Sdn Bhd ("PHSB") for the purpose of setting up Joint Venture Companies, (hereinafter referred to as "JVCs") to be incorporated by the Company and PHSB under the Companies Act 1965 and jointly owned by the parties to implement oil palm development projects (hereinafter referred to as "the Projects") in partnership with the native landowners [hereinafter referred to as " Native Customary Rights ( " NCR ") Owners "] over
(a) the parcels of NCR land situated at Lesih Block E, Kanowit, Sibu Division, Sarawak containing in the aggregate a gross area of 7,000 hectares; and
(b) the parcels of NCR land situated at Naman-Nunggang, Ulu Assan, Sibu Division, Sarawak containing in the aggregate a gross area of 4,000 hectares,
respectively (hereinafter collectively referred to as "the said Lands").
(2) PARTIES
PHSB is a subsidiary of PELITA (Land Custody and Development Authority), a statutory body under the Ministry of Rural and Land Development, Sarawak.
The NCR Owners are the natives who are in occupation of and having NCR over the said Lands.
(3) TERMS OF THE JVA
The equity structure of each of the JVCs will be as follows:
Party Percentage of holdings
TA ANN 60%
PHSB as trustee of NCR Owners 30%
PHSB 10%
- PHSB's Role in the Joint Venture
The duties and responsibilities of PHSB in the joint venture include the following:
(i) PHSB will initiate and procure the declaration of the said Lands as NCR Development Area and apply to the relevant authorities for the alienation of the said Lands to the respective JVCs.
(ii) PHSB will also be responsible for initiating and facilitating the process of sorting out land matters relating to NCR Owners involved in the JVCs.
(iii) PHSB is acting as trustee of NCR Owners.
- TAP's Role in the Joint Venture
TAP shall set up teams of competent and professional personnel to develop and manage the Projects. TA ANN will provide other assistance to the JVCs as may be necessary including but not limited to the sourcing of funds for the Projects and providing the necessary support if required.
(4) SOURCE OF FUNDS
TAP's participation in the JVCs will be financed through the Group's internally generated funds.
(5) RATIONALE FOR THE PROPOSED JOINT VENTURE
The JVAs will enable the Group to further increase its total acreage of oil palm plantations. This is in line with the Group's aim of continually expanding its oil palm division to achieve greater economies of scale and to broaden its earnings base.
The participation of PHSB and the NCR Owners will enhance the viability of the Projects. PHSB has vast experience in facilitating joint ventures between private sector investors and native land owners. It is also well versed in the procedural requirements for the implementation of such projects.
The said Lands are located in the proximity of the Group's oil palm plantation and CPO mill at Naman. The development of the said Lands into oil palm plantation will create job opportunities for the local residents, and assist them to improve their earnings and standard of living.
(6) FINANCIAL EFFECTS OF THE PROPOSED JVAs
- Earnings
The JVAs are not expected to contribute to the earnings of TA ANN for financial year ending 31 December 2010. However it is expected to contribute positively in the future years, when the mature oil palms are producing fresh fruit bunches.
- Net Assets, Share Capital and Substantial Shareholders' Shareholdings
The JVAs are not expected to have significant effects on the net assets of TA ANN, nor will they have any effect on the share capital and shareholding structure of TA ANN, for financial year ending 31 December 2010.
(7) DIRECTORS AND SUBSTANTIAL SHAREHOLDERS' INTEREST
None of the directors and / or substantial shareholders of TA ANN and / or any persons connected to them have any interest, direct or indirect in the JVAs.
(8) DIRECTORS' STATEMENT
The Directors of TA ANN are of the opinion that the JVAs are in the best interest of the Company and the Group.
This announcement is dated 16th August 2010.
XINQUAN - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED
Stock Name: XINQUAN
Date Announced: 16/08/2010
Announcement Detail:
Financial Year End: 30/06/2010
Quarter: 4
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Other Currency: Chinese Yuan (CNY)
Company Name: XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED
Stock Name: XINQUAN
Date Announced: 16/08/2010
Announcement Detail:
Financial Year End: 30/06/2010
Quarter: 4
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Other Currency: Chinese Yuan (CNY)
XINQUAN - General Announcement
Announcement Type: General Announcement
Company Name: XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED
Stock Name: XINQUAN
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: PRESS RELEASE: CHINA'S OUTDOOR SPORTS WEAR COMPANY, XINGQUAN, CHARTS HIGHEST PROFIT LEVEL IN FYE2010 RESULTS AND PROPOSES FINAL DIVIDEND
- y-o-y revenue grew 51.1% -
Contents: The Company is pleased to attach herewith its press release in respect of the above, for the information of Bursa Malaysia Securities Berhad.
Attachments: Xingquan-Press Release(16.08.10)English.pdf
Company Name: XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED
Stock Name: XINQUAN
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: PRESS RELEASE: CHINA'S OUTDOOR SPORTS WEAR COMPANY, XINGQUAN, CHARTS HIGHEST PROFIT LEVEL IN FYE2010 RESULTS AND PROPOSES FINAL DIVIDEND
- y-o-y revenue grew 51.1% -
Contents: The Company is pleased to attach herewith its press release in respect of the above, for the information of Bursa Malaysia Securities Berhad.
Attachments: Xingquan-Press Release(16.08.10)English.pdf
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