JETSON - General Announcement
Announcement Type: General Announcement
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: TERMINATION OF JOINT VENTURE AGREEMENT DATED 6 MAY 2010 ENTERED INTO BETWEEN JETSON CONSTRUCTION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KUMPULAN JETSON BERHAD AND CHINA STATE CONSTRUCTION ENGINEERING (HONG KONG) LIMITED
Contents: Further to our announcement dated 6 May 2010, Kumpulan Jetson Berhad ("Jetson") wishes to announce that Jetson Construction Sdn Bhd ("JCSB"), a wholly-owned subsidiary of Jetson and China State Construction Engineering (Hong Kong) Limited ("CSCHK") (hereinafter collectively referred to as "Parties") had on 18 August 2010 mutually agreed to terminate the joint venture agreement entered into on 6 May 2010 between JCSB and CSCHK ("Termination") for the purpose of jointly prepare and submit a tender invited by NAZA TTDI Sdn Bhd ("Employer") for the proposed development of 1 block head office 38 storeys and 10 levels of podium for Platinum Park in Jalan Stonor, Kuala Lumpur ("Joint Venture Agreement").
The Termination is due to the Parties and the Employer were not able to come to a consensus in relation to the payment arrangement in respect of the first progress payment.
Upon the Termination, the Joint Venture Agreement is null and void and the Parties shall have no further claims against each other.
The Termination is not expected to have any material effect on the earnings, net asset and gearing of Jetson and the Group for the financial year ending 31 December 2010.
This announcement is dated 18 August 2010.
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: TERMINATION OF JOINT VENTURE AGREEMENT DATED 6 MAY 2010 ENTERED INTO BETWEEN JETSON CONSTRUCTION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KUMPULAN JETSON BERHAD AND CHINA STATE CONSTRUCTION ENGINEERING (HONG KONG) LIMITED
Contents: Further to our announcement dated 6 May 2010, Kumpulan Jetson Berhad ("Jetson") wishes to announce that Jetson Construction Sdn Bhd ("JCSB"), a wholly-owned subsidiary of Jetson and China State Construction Engineering (Hong Kong) Limited ("CSCHK") (hereinafter collectively referred to as "Parties") had on 18 August 2010 mutually agreed to terminate the joint venture agreement entered into on 6 May 2010 between JCSB and CSCHK ("Termination") for the purpose of jointly prepare and submit a tender invited by NAZA TTDI Sdn Bhd ("Employer") for the proposed development of 1 block head office 38 storeys and 10 levels of podium for Platinum Park in Jalan Stonor, Kuala Lumpur ("Joint Venture Agreement").
The Termination is due to the Parties and the Employer were not able to come to a consensus in relation to the payment arrangement in respect of the first progress payment.
Upon the Termination, the Joint Venture Agreement is null and void and the Parties shall have no further claims against each other.
The Termination is not expected to have any material effect on the earnings, net asset and gearing of Jetson and the Group for the financial year ending 31 December 2010.
This announcement is dated 18 August 2010.
GADANG - General Announcement
Announcement Type: General Announcement
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by a director of major subsidiary of Gadang Holdings Berhad ("the Company") outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Contents: Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following director of the Company's major subsidiary has transacted in the securities of the Company as set out in Table 1 below.
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by a director of major subsidiary of Gadang Holdings Berhad ("the Company") outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Contents: Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following director of the Company's major subsidiary has transacted in the securities of the Company as set out in Table 1 below.
GADANG - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: GADANG HOLDINGS BERHAD ("GADANG" OR "COMPANY")
(I) PROPOSED RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 78,677,194 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARES") IN GADANG ("RIGHTS SHARES") AT AN INDICATIVE ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY THREE (3) EXISTING SHARES IN GADANG ("GADANG SHARES") TOGETHER WITH UP TO 19,669,299 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FOUR (4) RIGHTS SHARES SUBSCRIBED ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE");
(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF GADANG FROM RM200,000,000 COMPRISING 200,000,000 GADANG SHARES TO RM400,000,000 COMPRISING 400,000,000 GADANG SHARES BY THE CREATION OF AN ADDITIONAL 200,000,000 GADANG SHARES ("PROPOSED IASC");
(III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY ("PROPOSED M&A AMENDMENTS"); AND
(IV) PROPOSED EXEMPTION PURSUANT TO PRACTICE NOTE 2.9.1 ("PN2.9.1") OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("CODE") TO TAN SRI DATO' KOK ONN ("TAN SRI") AND PERSONS ACTING IN CONCERT WITH HIM ("PACS") FROM THE OBLIGATION TO EXTEND A MANDATORY TAKE-OVER OFFER FOR ALL THE REMAINING GADANG SHARES NOT ALREADY OWNED BY TAN SRI AND PACS UPON THE COMPLETION OF THE PROPOSED RIGHTS ISSUE ("PROPOSED EXEMPTION")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS"
Contents: -
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: GADANG HOLDINGS BERHAD ("GADANG" OR "COMPANY")
(I) PROPOSED RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 78,677,194 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARES") IN GADANG ("RIGHTS SHARES") AT AN INDICATIVE ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY THREE (3) EXISTING SHARES IN GADANG ("GADANG SHARES") TOGETHER WITH UP TO 19,669,299 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FOUR (4) RIGHTS SHARES SUBSCRIBED ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE");
(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF GADANG FROM RM200,000,000 COMPRISING 200,000,000 GADANG SHARES TO RM400,000,000 COMPRISING 400,000,000 GADANG SHARES BY THE CREATION OF AN ADDITIONAL 200,000,000 GADANG SHARES ("PROPOSED IASC");
(III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY ("PROPOSED M&A AMENDMENTS"); AND
(IV) PROPOSED EXEMPTION PURSUANT TO PRACTICE NOTE 2.9.1 ("PN2.9.1") OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("CODE") TO TAN SRI DATO' KOK ONN ("TAN SRI") AND PERSONS ACTING IN CONCERT WITH HIM ("PACS") FROM THE OBLIGATION TO EXTEND A MANDATORY TAKE-OVER OFFER FOR ALL THE REMAINING GADANG SHARES NOT ALREADY OWNED BY TAN SRI AND PACS UPON THE COMPLETION OF THE PROPOSED RIGHTS ISSUE ("PROPOSED EXEMPTION")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS"
Contents: -
UBB - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: UNITED BINTANG BERHAD
Stock Name: UBB
Date Announced: 18/08/2010
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: UNITED BINTANG BERHAD
Stock Name: UBB
Date Announced: 18/08/2010
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)
SEG - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 18/08/2010
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: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 18/08/2010
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)
SUIWAH - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: SUIWAH CORPORATION BERHAD
Stock Name: SUIWAH
Date Announced: 18/08/2010
Announcement Detail:
Date of buy back from: 05/08/2010
Date of buy back to: 05/08/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 28,600
Minimum price paid for each share purchased ($$): 1.430
Maximum price paid for each share purchased ($$): 1.440
Total amount paid for shares purchased ($$): 41,126.80
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 28,600
Total number of shares retained in treasury (units): 3,326,100
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 18/08/2010
Lodged by: Securities Services (Holdings) Sdn Bhd
Company Name: SUIWAH CORPORATION BERHAD
Stock Name: SUIWAH
Date Announced: 18/08/2010
Announcement Detail:
Date of buy back from: 05/08/2010
Date of buy back to: 05/08/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 28,600
Minimum price paid for each share purchased ($$): 1.430
Maximum price paid for each share purchased ($$): 1.440
Total amount paid for shares purchased ($$): 41,126.80
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 28,600
Total number of shares retained in treasury (units): 3,326,100
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 18/08/2010
Lodged by: Securities Services (Holdings) Sdn Bhd
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