August 17, 2010

Company announcements: PETRA, DEGEM, HUATLAI, PICORP, SUCCESS, HOVID

PETRA - General Announcement

Announcement Type: General Announcement
Company Name: PETRA PERDANA BERHAD
Stock Name: PETRA
Date Announced: 16/08/2010

Announcement Detail:
Type: Announcement

Subject: Petra Perdana Berhad (the "Company")
- Kuala Lumpur High Court of Malaya Suit No. D-22 NCC 735-2009 ("Suit")
Shamsul bin Saad v Tengku Dato' Ibrahim Petra bin Tengku Indra Petra & 5 others

Contents: Further to the Company's announcements on 5 August 2010 and 16 August 2010, the Company wishes to announce that the High Court had today, pursuant to the application of Tengku Dato' Ibrahim Petra bin Tengku Indra Petra, Datin Nariza Hajjar Hashim, Wong Fook Heng and Tiong Young Kong, struck out the claim with costs of RM10,000.00.

The High Court found, inter alia, that the claim of the Plaintiff, Shamsul Bin Saad is no longer sustainable given the change in circumstances, namely on the issue of control of the Company.

Whilst the Company was a nominal Defendant in these proceedings, the Company will nevertheless be taking legal advice on the implications of the above High Court decision.

This announcement is dated 16 August 2010.


PETRA - General Announcement

Announcement Type: General Announcement
Company Name: PETRA PERDANA BERHAD
Stock Name: PETRA
Date Announced: 16/08/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-100816-33857

Subject: Petra Perdana Berhad ("PPB" or the "Company")
- Reply to query on Cancellation of Memorandum of Agreement (MOA) for the purchase of vessel

Contents: Further to Bursa Securities' query letter dated 16 August 2010 on the Company's announcement made on 12 August 2010, the Company wishes to inform that the refund of the deposit made for the purchase of the Anchor Handling / Offshore Support Vessel (identified as SK 202 Vessel) of USD8.85 million will be used for working capital purposes.

This announcement is dated 16 August 2010.

Query Letter content: We refer to your Company's announcement dated 12 August 2010 in respect of the
above mattter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

The proposed utilisation of the amount refunded.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully


TAN YEW ENG
Head, Issuers
Listing Division, Regulation

TYE/ZOOS
c.c.General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)


PETRA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: PETRA PERDANA BERHAD
Stock Name: PETRA
Date Announced: 16/08/2010

Announcement Detail:
Type: Announcement

Subject: PETRA PERDANA BERHAD ("PPB" OR THE "COMPANY")

NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM") FOR THE PROPOSED RENOUNCEABLE RIGHTS ISSUE WITH FREE DETACHABLE WARRANTS ("PROPOSED RIGHTS ISSUE")

Contents: We refer to the announcements dated 11 May 2010, 9 July 2010, 26 July 2010 and 30 July 2010 in relation to, amongst others, the Proposed Rights Issue. All abbreviations herein shall have the same meanings as those used in the abovementioned announcements unless stated otherwise.

On behalf of the Board of Directors of PPB, CIMB Investment Bank Berhad is pleased to announce that the EGM of the Company will be held at No 6-8, Jalan 3/3C, Batu 7, Jalan Ipoh, 68100 Kuala Lumpur, Malaysia on Wednesday, 1 September 2010 at 10.00 a.m. or at any adjournment thereof.

The full text of the Notice of EGM is attached herein for your attention.


This announcement is dated 16 August 2010.

Attachments: petra_scanned.pdf


DEGEM - 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: DEGEM BERHAD
Stock Name: DEGEM
Date Announced: 16/08/2010

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): 10,000

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

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

Total amount paid for shares purchased ($$): 10,053.00

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

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

Total number of shares retained in treasury (units): 1,696,700

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 16/08/2010

Lodged by: T & S SECRETARIAL SERVICES SDN. BHD.


HUATLAI - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 16/08/2010

Announcement Detail:
Date of buy back: 16/08/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 377,800

Minimum price paid for each share purchased ($$): 1.010

Maximum price paid for each share purchased ($$): 1.090

Total consideration paid ($$): 400,464.64

Number of shares purchased retained in treasury (units): 377,800

Cumulative net outstanding treasury shares as at to-date (units): 6,571,600

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 7.97


PICORP - General Announcement

Announcement Type: General Announcement
Company Name: PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name: PICORP
Date Announced: 16/08/2010

Announcement Detail:
Type: Announcement

Subject: PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" or "the Company")
DISPOSAL OF 60% SHAREHOLDINGS IN SEECO ENGINEERING FOR SEWERAGE & ENVIRONMENTAL CO. LTD

Contents: The Board of Directors of PICORP wishes to announce that the Company had on 16 August 2010 entered into a Sale and Purchase of Shares Agreement ("the Agreement") with Propel Factor Sdn Bhd ("Propel Factor" or "the Purchaser") to dispose of the Company's entire shareholdings of One Hundred and Fifty (150) ordinary shares of Sudanese Pound ("SDG") 42,000.00 (approximately RM55,020.00 at the exchange rate of SDG1.00 : RM1.31 as at 16 August 2010) each in the capital of Seeco Engineering for Sewerage & Environmental Co. Ltd ("SEECO") representing 60% of the issued and paid up shares of SEECO ("the Disposal").


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

Announcement Type: Financial Results
Company Name: PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name: PICORP
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)


PICORP - General Announcement

Announcement Type: General Announcement
Company Name: PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name: PICORP
Date Announced: 16/08/2010

Announcement Detail:
Type: Announcement

Subject: PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" or "the Company")
OUTSTANDING RELATED PARTY RECEIVABLES

Contents: We refer to our earlier announcement dated 1 July 2010.

The Board of Directors of PICORP wishes to announce that RM580,243.95 being the Outstanding Related Party Receivables has been fully settled on 15 July 2010.


SUCCESS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 16/08/2010

Announcement Detail:
Date of buy back: 16/08/2010

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

Currency: Malaysian Ringgit (MYR)

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

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

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

Total consideration paid ($$): 5,900.00

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

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

Cumulative net outstanding treasury shares as at to-date (units): 6,770,400

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 (%): 5.64


HOVID - General Announcement

Announcement Type: General Announcement
Company Name: HOVID BERHAD
Stock Name: HOVID
Date Announced: 16/08/2010

Announcement Detail:
Type: Announcement

Subject: HOVID BERHAD ("HOVID" OR "THE COMPANY")

Article in The Malaysian Reserve - Page 4, 16 August 2010 entitled "Hovid expects to build new plant overseas by 2013"

Contents: Article in The Malaysian Reserve - Page 4, 16 August 2010 entitled "Hovid expects to build new plant overseas by 2013"



No comments:

Post a Comment