PJDEV - General Announcement
Announcement Type: General Announcement
Company Name: PJ DEVELOPMENT HOLDINGS BERHAD
Stock Name: PJDEV
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: PJ Development Holdings Berhad ("PJD" or "Company")
Intention To Deal In Securities By Principal Officers During Closed Period
Contents: The Company is now in a closed period for dealings in securities by its principal officers pending the announcement of its results for the fourth quarter ended 30 June 2010.
Pursuant to Paragraph 14.08(a) of Bursa Malaysia Main Market Listing Requirements, the Company received a notification from Mr Yap Yoon Kong, the Director of the Company of his intention to deal in securities of the Company during the closed period.
Mr Yap Yoon Kong's current deemed interest in the shareholdings of the Company is 376,500 ordinary shares of RM1.00 each.
Company Name: PJ DEVELOPMENT HOLDINGS BERHAD
Stock Name: PJDEV
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: PJ Development Holdings Berhad ("PJD" or "Company")
Intention To Deal In Securities By Principal Officers During Closed Period
Contents: The Company is now in a closed period for dealings in securities by its principal officers pending the announcement of its results for the fourth quarter ended 30 June 2010.
Pursuant to Paragraph 14.08(a) of Bursa Malaysia Main Market Listing Requirements, the Company received a notification from Mr Yap Yoon Kong, the Director of the Company of his intention to deal in securities of the Company during the closed period.
Mr Yap Yoon Kong's current deemed interest in the shareholdings of the Company is 376,500 ordinary shares of RM1.00 each.
UMCCA - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: UNITED MALACCA BERHAD
Stock Name: UMCCA
Date Announced: 06/08/2010
Announcement Detail:
Date of change: 05/08/2010
Type of change: Redesignation
Previous Position: Non-Executive Director
New Position: Director
Directorate: Independent & Non Executive
Name: Tan Siok Choo
Age: 58
Nationality: Malaysian
Qualifications: Degree (Bachelor of Law) from the University of Bristol, U.K.
Working experience and occupation: She was head of Corporate Finance in Southern Bank Berhad, worked as an investment analyst for two stockbroking firms - Rashid Hussain Securities as well as Morgan Grenfell Asia & Partners' Securities, did a short stint with the world's largest executive search firm, Korn Ferry International, and was employed as a business and enconomic journalist with Business Times and The Sunday Star. She was appointed a Visiting Fellow of the Institute of Strategic and International Studies (ISIS) Malaysia on 1 September 1998.
Directorship of public companies (if any): Director of OCBC Bank (Malaysia) Berhad and OCBC Al-Amin 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: Direct interest - 2,252,121shares
Indirect interest - 1,737,033 shares
Remarks: Her redesignation from Non Independent Non-Executive Director to Independent Non-Executive Director with effect from 5 August 2010
Company Name: UNITED MALACCA BERHAD
Stock Name: UMCCA
Date Announced: 06/08/2010
Announcement Detail:
Date of change: 05/08/2010
Type of change: Redesignation
Previous Position: Non-Executive Director
New Position: Director
Directorate: Independent & Non Executive
Name: Tan Siok Choo
Age: 58
Nationality: Malaysian
Qualifications: Degree (Bachelor of Law) from the University of Bristol, U.K.
Working experience and occupation: She was head of Corporate Finance in Southern Bank Berhad, worked as an investment analyst for two stockbroking firms - Rashid Hussain Securities as well as Morgan Grenfell Asia & Partners' Securities, did a short stint with the world's largest executive search firm, Korn Ferry International, and was employed as a business and enconomic journalist with Business Times and The Sunday Star. She was appointed a Visiting Fellow of the Institute of Strategic and International Studies (ISIS) Malaysia on 1 September 1998.
Directorship of public companies (if any): Director of OCBC Bank (Malaysia) Berhad and OCBC Al-Amin 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: Direct interest - 2,252,121shares
Indirect interest - 1,737,033 shares
Remarks: Her redesignation from Non Independent Non-Executive Director to Independent Non-Executive Director with effect from 5 August 2010
E&O - Eastern & Oriental Berhad ("E&O") Dealings by Directors of E&O during Closed Period
Announcement Type: General Announcement
Company Name: EASTERN & ORIENTAL BERHAD
Stock Name: E&O
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: Eastern & Oriental Berhad ("E&O")
Dealings by Directors of E&O during Closed Period
Contents: We wish to inform that the following Directors of E&O have given notice of their acceptance of options as follows:-
Company Name: EASTERN & ORIENTAL BERHAD
Stock Name: E&O
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: Eastern & Oriental Berhad ("E&O")
Dealings by Directors of E&O during Closed Period
Contents: We wish to inform that the following Directors of E&O have given notice of their acceptance of options as follows:-
KSENG - KECK SENG (MALAYSIA) BERHAD - Crop Production for the month of July 2010
Announcement Type: General Announcement
Company Name: KECK SENG (MALAYSIA) BERHAD
Stock Name: KSENG
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: KECK SENG (MALAYSIA) BERHAD
- Crop Production for the month of July 2010
Contents: On behalf of the Board of Directors of Keck Seng (Malaysia) Berhad, we would like to announce the crop production for the month of July 2010 as per the table below:-
Company Name: KECK SENG (MALAYSIA) BERHAD
Stock Name: KSENG
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: KECK SENG (MALAYSIA) BERHAD
- Crop Production for the month of July 2010
Contents: On behalf of the Board of Directors of Keck Seng (Malaysia) Berhad, we would like to announce the crop production for the month of July 2010 as per the table below:-
KSENG - KECK SENG (MALAYSIA) BERHAD - Resolution Passed at the Extraordinary General Meeting
Announcement Type: General Announcement
Company Name: KECK SENG (MALAYSIA) BERHAD
Stock Name: KSENG
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: KECK SENG (MALAYSIA) BERHAD
- Resolution Passed at the Extraordinary General Meeting
Contents: The Board of Directors of Keck Seng (Malaysia) Berhad is pleased to announce that the Ordinary Resolution set out in the Notice of Extraordinary General Meeting dated 22 July 2010 and tabled at the said Meeting held today has been duly passed.
This announcement is dated 06 August 2010.
Company Name: KECK SENG (MALAYSIA) BERHAD
Stock Name: KSENG
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: KECK SENG (MALAYSIA) BERHAD
- Resolution Passed at the Extraordinary General Meeting
Contents: The Board of Directors of Keck Seng (Malaysia) Berhad is pleased to announce that the Ordinary Resolution set out in the Notice of Extraordinary General Meeting dated 22 July 2010 and tabled at the said Meeting held today has been duly passed.
This announcement is dated 06 August 2010.
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: 06/08/2010
Announcement Detail:
Date of buy back: 06/08/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 47,900
Minimum price paid for each share purchased ($$): 1.300
Maximum price paid for each share purchased ($$): 1.310
Total consideration paid ($$): 63,057.90
Number of shares purchased retained in treasury (units): 47,900
Cumulative net outstanding treasury shares as at to-date (units): 5,546,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.85
Remarks: The amount paid for shares purchased is inclusive of commission, clearing house fee and stamp duty.
Company Name: HUNZA PROPERTIES BERHAD
Stock Name: HUNZPTY
Date Announced: 06/08/2010
Announcement Detail:
Date of buy back: 06/08/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 47,900
Minimum price paid for each share purchased ($$): 1.300
Maximum price paid for each share purchased ($$): 1.310
Total consideration paid ($$): 63,057.90
Number of shares purchased retained in treasury (units): 47,900
Cumulative net outstanding treasury shares as at to-date (units): 5,546,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.85
Remarks: The amount paid for shares purchased is inclusive of commission, clearing house fee and stamp duty.
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: 06/08/2010
Announcement Detail:
Date of buy back: 06/08/2010
Description of shares purchased: Ordinary shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 200,000
Minimum price paid for each share purchased ($$): 4.050
Maximum price paid for each share purchased ($$): 4.060
Total consideration paid ($$): 814,687.30
Number of shares purchased retained in treasury (units): 200,000
Cumulative net outstanding treasury shares as at to-date (units): 2,818,700
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.69
Company Name: MUDAJAYA GROUP BERHAD
Stock Name: MUDAJYA
Date Announced: 06/08/2010
Announcement Detail:
Date of buy back: 06/08/2010
Description of shares purchased: Ordinary shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 200,000
Minimum price paid for each share purchased ($$): 4.050
Maximum price paid for each share purchased ($$): 4.060
Total consideration paid ($$): 814,687.30
Number of shares purchased retained in treasury (units): 200,000
Cumulative net outstanding treasury shares as at to-date (units): 2,818,700
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.69
KURASIA - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: KURNIA ASIA BERHAD
Stock Name: KURASIA
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: KURNIA ASIA BERHAD ("KURNIA" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF KURNIA ("PROPOSED PRIVATE PLACEMENT")
Contents: INTRODUCTION
On behalf of the Board of Directors of Kurnia, Kenanga Investment Bank Berhad is pleased to announce that Kurnia is proposing to undertake a private placement of up to 10% of the issued and paid-up share capital of Kurnia (excluding treasury shares held by the Company).
Further details on the Proposed Private Placement are set out in the attachment below.
This announcement is dated 6 August 2010.
Attachments: Kurnia Asia - PP Announcement vF _KAB__EDMS_C.pdf
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: KURNIA ASIA BERHAD
Stock Name: KURASIA
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: KURNIA ASIA BERHAD ("KURNIA" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF KURNIA ("PROPOSED PRIVATE PLACEMENT")
Contents: INTRODUCTION
On behalf of the Board of Directors of Kurnia, Kenanga Investment Bank Berhad is pleased to announce that Kurnia is proposing to undertake a private placement of up to 10% of the issued and paid-up share capital of Kurnia (excluding treasury shares held by the Company).
Further details on the Proposed Private Placement are set out in the attachment below.
This announcement is dated 6 August 2010.
Attachments: Kurnia Asia - PP Announcement vF _KAB__EDMS_C.pdf
SOP - SOP-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Announcement Type: Listing Circular
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 06/08/2010
Announcement Detail:
Subject: SOP-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovementioned Company's additional 42,200 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 10 August 2010.
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 06/08/2010
Announcement Detail:
Subject: SOP-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovementioned Company's additional 42,200 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 10 August 2010.
WASEONG - General Announcement
Announcement Type: General Announcement
Company Name: WAH SEONG CORPORATION BERHAD
Stock Name: WASEONG
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: WAH SEONG CORPORATION BERHAD ("WSC" OR "THE COMPANY")
INCREASE IN EFFECTIVE INTEREST HELD BY WSC IN PETRO-PIPE (SABAH) SDN BHD ("PPS")
Contents: 1. Introduction
The Board of Directors of the Company wishes to announce that Asiana Emas Sdn Bhd ("AE"), an indirect wholly-owned subsidiary of WSC has on 6 August 2010 entered into a Share Sale Agreement ("SSA") with Detik Gaya Sdn Bhd ("DG") to acquire from DG, 6,000,000 ordinary shares of RM1.00 each in the issued and paid-up capital of PPS, representing 20% of the total issued and paid-up capital of PPS ("Shares Acquisition") for a total cash consideration of RM10.5 million only ("Transaction").
2. Information on AE, DG and PPS
AE was incorporated as a private company limited by shares in Malaysia on 12 July 2007 and its registered office is at Suite 19.01, Level 19, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. It is principally an investment holding company. As at to date, AE's authorised capital is RM100,000.00 consisting of 100,000 ordinary shares of RM1.00 each and its issued and paid-up capital is RM2.00 only. AE is a wholly-owned subsidiary of Total Oil Technologies Sdn Bhd, which is in turn an indirect wholly-owned subsidiary of WSC.
DG was incorporated as a private company limited by shares in Malaysia on 13 October 2004 and its registered office is at Ground Floor, Wisma Kenatex, Mile 5.5, Tuaran Road, 88450 Kota Kinabalu, Sabah. It is principally involved in property development. As at to date, DG's authorised capital is RM500,000.00 consisting of 500,000 ordinary shares of RM1.00 each and its issued and paid-up capital is RM200,000.00 only. Mr Chu Sheng Taur, the nominee Director of DG in PPS and his alternate, Dr. Chu Jan Tow are also Directors of DG. Dr. Chu Jan Tow is a substantial shareholder of DG with 99% shareholdings in DG.
PPS was incorporated as a private company limited by shares in Malaysia on 2 December 1998 under the name of Juta Asli Sdn Bhd and assumed its present name on 26 January 2007. Its registered office is at Suite 19.01, Level 19, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. It is principally engaged in the manufacturing and sales of spiral welded pipes for the oil and gas industry. As at to date, PPS' authorised capital is RM50,000,000.00 consisting of 50,000,000 ordinary shares of RM1.00 each and its issued and paid-up capital is RM30,000,000.00 only of which its shareholders are DG (20% shareholdings), AE (40% shareholdings) and Sabah Energy Corporation Sdn Bhd (40% shareholdings). Prior to the Shares Acquisition, PPS is an indirect subsidiary of WSC by virtue of AE having Board and management control over PPS. With the Shares Acquisition, AE's shareholdings in PPS will increase from 40% to 60%.
3. Basis of Consideration and Rationale for the Transaction
The Transaction is on a willing-buyer-willing-seller basis. The Shares Acquisition will enable AE to have greater participation in the future business opportunities of PPS. The consideration of RM10.5 million is settled by AE in cash and the Transaction is completed on even date.
4. Financial Effects of the Transaction
The Transaction will not have any effect on the share capital and shareholdings of the substantial shareholders and will not have any significant impact on the gearing, earnings and net assets of WSC group.
5. Directors' and Major Shareholders' Interest
None of the Directors, major shareholders of WSC and/or persons connected to them have any interest, direct or indirect, in the Transaction.
6. Directors' Statement
Having considered all aspects of the Transaction, the Board Directors of WSC is of the opinion that the Transaction is in the best interest of the WSC Group.
7. Condition of the Transaction
The percentage ratio of the Transaction is below 5% and this announcement is made pursuant to Paragraph 10.05 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The Transaction is not subject to the approval of the shareholders of WSC.
Yours faithfully
WAH SEONG CORPORATION BERHAD
-signed-
____________________________________________
Chan Cheu Leong
Managing Director/Group Chief Executive Officer
Company Name: WAH SEONG CORPORATION BERHAD
Stock Name: WASEONG
Date Announced: 06/08/2010
Announcement Detail:
Type: Announcement
Subject: WAH SEONG CORPORATION BERHAD ("WSC" OR "THE COMPANY")
INCREASE IN EFFECTIVE INTEREST HELD BY WSC IN PETRO-PIPE (SABAH) SDN BHD ("PPS")
Contents: 1. Introduction
The Board of Directors of the Company wishes to announce that Asiana Emas Sdn Bhd ("AE"), an indirect wholly-owned subsidiary of WSC has on 6 August 2010 entered into a Share Sale Agreement ("SSA") with Detik Gaya Sdn Bhd ("DG") to acquire from DG, 6,000,000 ordinary shares of RM1.00 each in the issued and paid-up capital of PPS, representing 20% of the total issued and paid-up capital of PPS ("Shares Acquisition") for a total cash consideration of RM10.5 million only ("Transaction").
2. Information on AE, DG and PPS
AE was incorporated as a private company limited by shares in Malaysia on 12 July 2007 and its registered office is at Suite 19.01, Level 19, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. It is principally an investment holding company. As at to date, AE's authorised capital is RM100,000.00 consisting of 100,000 ordinary shares of RM1.00 each and its issued and paid-up capital is RM2.00 only. AE is a wholly-owned subsidiary of Total Oil Technologies Sdn Bhd, which is in turn an indirect wholly-owned subsidiary of WSC.
DG was incorporated as a private company limited by shares in Malaysia on 13 October 2004 and its registered office is at Ground Floor, Wisma Kenatex, Mile 5.5, Tuaran Road, 88450 Kota Kinabalu, Sabah. It is principally involved in property development. As at to date, DG's authorised capital is RM500,000.00 consisting of 500,000 ordinary shares of RM1.00 each and its issued and paid-up capital is RM200,000.00 only. Mr Chu Sheng Taur, the nominee Director of DG in PPS and his alternate, Dr. Chu Jan Tow are also Directors of DG. Dr. Chu Jan Tow is a substantial shareholder of DG with 99% shareholdings in DG.
PPS was incorporated as a private company limited by shares in Malaysia on 2 December 1998 under the name of Juta Asli Sdn Bhd and assumed its present name on 26 January 2007. Its registered office is at Suite 19.01, Level 19, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. It is principally engaged in the manufacturing and sales of spiral welded pipes for the oil and gas industry. As at to date, PPS' authorised capital is RM50,000,000.00 consisting of 50,000,000 ordinary shares of RM1.00 each and its issued and paid-up capital is RM30,000,000.00 only of which its shareholders are DG (20% shareholdings), AE (40% shareholdings) and Sabah Energy Corporation Sdn Bhd (40% shareholdings). Prior to the Shares Acquisition, PPS is an indirect subsidiary of WSC by virtue of AE having Board and management control over PPS. With the Shares Acquisition, AE's shareholdings in PPS will increase from 40% to 60%.
3. Basis of Consideration and Rationale for the Transaction
The Transaction is on a willing-buyer-willing-seller basis. The Shares Acquisition will enable AE to have greater participation in the future business opportunities of PPS. The consideration of RM10.5 million is settled by AE in cash and the Transaction is completed on even date.
4. Financial Effects of the Transaction
The Transaction will not have any effect on the share capital and shareholdings of the substantial shareholders and will not have any significant impact on the gearing, earnings and net assets of WSC group.
5. Directors' and Major Shareholders' Interest
None of the Directors, major shareholders of WSC and/or persons connected to them have any interest, direct or indirect, in the Transaction.
6. Directors' Statement
Having considered all aspects of the Transaction, the Board Directors of WSC is of the opinion that the Transaction is in the best interest of the WSC Group.
7. Condition of the Transaction
The percentage ratio of the Transaction is below 5% and this announcement is made pursuant to Paragraph 10.05 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The Transaction is not subject to the approval of the shareholders of WSC.
Yours faithfully
WAH SEONG CORPORATION BERHAD
-signed-
____________________________________________
Chan Cheu Leong
Managing Director/Group Chief Executive Officer
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