August 5, 2010

Company announcements: HUNZPTY, HTPADU, MUDAJYA, IVORY, A&M, PUNCAK, SKBSHUT, DEGEM, APP, SUNCRN

HUNZPTY - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HUNZA PROPERTIES BERHAD
Stock Name: HUNZPTY
Date Announced: 05/08/2010

Announcement Detail:
Date of buy back: 05/08/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 5,000

Minimum price paid for each share purchased ($$): 1.310

Maximum price paid for each share purchased ($$): 1.310

Total consideration paid ($$): 6,598.97

Number of shares purchased retained in treasury (units): 5,000

Cumulative net outstanding treasury shares as at to-date (units): 5,498,100

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.83

Remarks: The amount paid for shares purchased is inclusive of commission, clearing house fee and stamp duty.


HTPADU - General Announcement

Announcement Type: General Announcement
Company Name: HEITECH PADU BERHAD
Stock Name: HTPADU
Date Announced: 05/08/2010

Announcement Detail:
Type: Announcement

Subject: Acceptance of the Letter of Award for the Maintenance Services of the Main Business ICT System for the National Registration Department ("Contract")

Contents: 1. Introduction

HeiTech Padu Berhad ("HeiTech" or "the Company") is pleased to announce that the Company has on 5th August 2010 accepted a Letter of Award from the Government of Malaysia for the "Maintenance Services of the Main Business ICT System for the National Registration Department".

2. The Contract Value

The Contract value is RM 74,938,423-00 (Ringgit Malaysia Seventy Four Million Nine Hundred Thirty Eight Thousand Four Hundred Twenty Three) only.

3. Duration of the Contract

The Contract is for a period of One (1) year commencing from 1st July 2010 to 30th June 2011. Any further renewal or extension of the duration is at the discretion of the Government.

The Government may continue with HeiTech and/or any other Vendor to provide the said maintenance services upon expiration of the Contract.

4. The effect on net assets of the Group

The Contract will contribute positively to HeiTech Group's Net Asset for the financial year ending 31 December 2010.

5. The risks in relation to the Contract.

The risks are the normal risks encountered by other companies undertaking a similar endeavor and the Group has taken the necessary steps to protect itself and to mitigate the risks when and as it occurs.

6. Directors' and Substantial Shareholders' Interest

None of the Directors or substantial shareholders or any person connected to the Directors or substantial shareholders of HeiTech has any interest, either direct or indirect in the above Contract.

7. Statement of the Directors

The Board of Directors of the Company is of the opinion that the above Contract is in the ordinary course of business and is in the best interest of the Company.

8. Financial effects

In addition to the information disclosed on the said date, we would like to inform that the Letter of Award will have a positive effect on the earnings per share.
Nevertheless, the Contract will have no material effect to the dividend policy, gearing, share capital and the substantial shareholders' shareholdings of the Company for the financial year ending 31st December 2010.


MUDAJYA - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MUDAJAYA GROUP BERHAD
Stock Name: MUDAJYA
Date Announced: 05/08/2010

Announcement Detail:
Date of buy back: 05/08/2010

Description of shares purchased: Ordinary shares of RM0.20 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 1,002,800

Minimum price paid for each share purchased ($$): 3.800

Maximum price paid for each share purchased ($$): 4.550

Total consideration paid ($$): 4,388,761.29

Number of shares purchased retained in treasury (units): 1,002,800

Cumulative net outstanding treasury shares as at to-date (units): 2,618,700

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.64


IVORY - General Announcement

Announcement Type: General Announcement
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 05/08/2010

Announcement Detail:
Type: Announcement

Subject: IVORY PROPERTIES GROUP BERHAD
- PROPOSED ACQUISITION OF ALL THAT PIECES OF LAND KNOWN AS LOT NOS. 196, 197, 293 AND 36, SEK. 2, BANDAR BATU FERRINGHI, DAERAH TIMUR LAUT, PULAU PINANG AND HELD UNDER GRANT NOS. 49045, 49046, 35130 AND 10284 RESPECTIVELY WITH AREA MEASURING APPROXIMATELY 1.103 ACRES BY IVORY MEADOWS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF IVORY PROPERTIES GROUP BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM25 MILLION

Contents: The Board of Directors of Ivory Properties Group Berhad ("IVORY or the Company") wishes to announce that its wholly owned subsidiary, Ivory Meadows Sdn. Bhd. (492123-A) ["Ivory Meadows"] had on 5 August 2010 entered into a conditional Sale and Purchase Agreement ("the S&P Agreement") with Mr Lim Soon Hin (I.C. 6716574/620222-07-5559) and Mr Lim Soon Vin (I.C. 7018882/630414-07-5261) both of No. 220 Batu Ferringhi, Penang (collectively referred to as the "Vendors") to acquire all that pieces of land known as Lot Nos. 196, 197, 293 and 36, Sek. 2, Bandar Batu Ferringhi, Daerah Timur Laut, Pulau Pinang and held under Grant Nos. 49045, 49046, 35130 and 10284 respectively with area measuring approximately 1.103 acres ("the Property") for a total cash consideration of Ringgit Malaysia Twenty Five Million (RM25,000,000.00) only ("Purchase Consideration") ["Proposed Acquisition"].

Please refer attachment for the details of the Proposed Acquisition.

This announcement is dated 5 August 2010.

Attachments: IMSBTheEdge_050810.pdf


A&M - NOTICE TO WARRANT HOLDERS IN RELATION TO THE EXPIRY AND FINAL EXERCISE A & M WARRANTS 2000/2010

Announcement Type: General Announcement
Company Name: A & M REALTY BERHAD
Stock Name: A&M
Date Announced: 05/08/2010

Announcement Detail:
Type: Announcement

Subject: NOTICE TO WARRANT HOLDERS IN RELATION TO THE EXPIRY AND FINAL EXERCISE A & M WARRANTS 2000/2010

Contents: NOTICE TO WARRANT HOLDERS IN RELATION TO THE EXPIRY AND FINAL EXERCISE OF THE WARRANTS 2000/2010

Attachments: A & M Realty Bhd - warrant.pdf


PUNCAK - General Announcement

Announcement Type: General Announcement
Company Name: PUNCAK NIAGA HOLDINGS BERHAD
Stock Name: PUNCAK
Date Announced: 05/08/2010

Announcement Detail:
Type: Announcement

Subject: PUNCAK NIAGA HOLDINGS BERHAD (416087-U)("PUNCAK" OR THE "COMPANY")
KUALA LUMPUR HIGH COURT CIVIL SUIT NO. D-22NCC-398-2009
SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD ("SPLASH") v SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") (THE "SUIT")

Contents: Reference is made to the Company's earlier announcements dated 19 November 2009, 25 November 2009, 7 January 2010, 27 January 2010, 22 February 2010, 25 March 2010, 15 April 2010, 3 May 2010 and 8 June 2010 in relation to the Suit.

The Company would like to update the Exchange that SYABAS' solicitors had informed that the Kuala Lumpur High Court has vacated the trial dates of 16 August 2010 and 20 August 2010 and the matter is now fixed for mention on 13 August 2010.

This announcement is dated 5 August 2010.


SKBSHUT - General Announcement

Announcement Type: General Announcement
Company Name: SKB SHUTTERS CORPORATION BERHAD
Stock Name: SKBSHUT
Date Announced: 05/08/2010

Announcement Detail:
Type: Announcement

Subject: Re: Kuala Lumpur High Court Suit No. S3-23-75-2006
SKB Shutters Manufacturing Sdn Bhd -v- Standard Chartered Bank Malaysia Berhad

Contents: SKB SHUTTERS CORPORATION BERHAD hereby announce that one of its wholly-owned subsidiaries, SKB Shutters Manufacturing Sdn Bhd had on 14 August 2006 served a WRIT, Civil Suit No.S3-23-75-2006 on the solicitors for the defendant, Messrs Shearn Delamore & Co demanded for general damages not less than RM250,000 to be paid by Standard Chartered Bank Malaysia Berhad.

On 2nd October 2006, SCB had filed their defence, denying liabilities.

An application was filed by SKB Shutters Manufacturing Sdn Bhd to include SKB Storage Industries Sdn Bhd as additional plaintiff.

Kuala Lumpur High Court on 29th July 2009 dismissed SKB Shutters Manufacturing Sdn Bhd's appeal to amend the Statement of Claim with costs.

The Court of Appeal has fixed the case management dated on 16 August 2010 at 11.00 a.m. and the Kuala Lumpur High Court has fixed the date of show cause on 9 August 2010 at 9.30 a.m..

This announcement is dated 5 August 2010.


DEGEM - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DEGEM BERHAD
Stock Name: DEGEM
Date Announced: 05/08/2010

Announcement Detail:
Date of buy back: 05/08/2010

Description of shares purchased: Ordinary shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 10,000

Minimum price paid for each share purchased ($$): 1.000

Maximum price paid for each share purchased ($$): 1.000

Total consideration paid ($$): 10,053.00

Number of shares purchased retained in treasury (units): 10,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,696,700

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 (%): 1.27


APP - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: APP INDUSTRIES BERHAD
Stock Name: APP
Date Announced: 05/08/2010

Announcement Detail:
Date of change: 05/08/2010

Type of change: Appointment

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: KONG SAU KIAN

Age: 46

Nationality: Malaysian

Qualifications: Bachelor of Accounting (Honours) Degree in University of Malaya

Working experience and occupation: Mr. Kong has started his carrer with KPMG Peat Marwick, an International Accounting firm until 1992 where his exposure include audit of wide range of industries, corporate finance and restructuring, acquisition audit and other special assignments.Currently, he is an Executive Director of LBI Capital Bhd, a listed company involve in manufacturing of rubber moulded products and property development. He is also sits on the Board of LBS Bina Group Berhad as Independent Non-Executive Director.

Directorship of public companies (if any): 1) LBI CAPITAL BHD.
2) LBS BINA GROUP 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

Remarks: This announcement is dated 05.08.2010


SUNCRN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD
Stock Name: SUNCRN
Date Announced: 05/08/2010

Announcement Detail:
Date of buy back: 05/08/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 24,000

Minimum price paid for each share purchased ($$): 1.810

Maximum price paid for each share purchased ($$): 1.830

Total consideration paid ($$): 44,099.82

Number of shares purchased retained in treasury (units): 24,000

Number of shares purchased which are proposed to be cancelled (units): 1,338,600

Cumulative net outstanding treasury shares as at to-date (units): 0

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 (%): 3.27



No comments:

Post a Comment