SUNCRN - General Announcement
Announcement Type: General Announcement
Company Name: SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD
Stock Name: SUNCRN
Date Announced: 26/08/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: MN-100825-39614
Subject: Sunchirin Industries (Malaysia) Berhad ("SUNCHIRIN" or the "Company")
- Proposed acquisition of two plots of land in Chonburi, Thailand by Sunchirin Industry (Thailand) Ltd, a wholly owned subsidiary of Sunchirin ("Proposed Acquisition")
Contents: With reference to Bursa Malaysia Securities Berhad's query letter dated 25 August 2010 in relation to the Company's announcement dated 24 August 2010 on the Proposed Acquisition, the Company wishes to provide the following additional information:
1. There are no terms of any arrangement for payment on a deferred basis. 60% of the purchase price was paid on signing of the agreement (execution date 23 Aug 2010) whilst the balance of the purchase price is to be paid within 45 days from the execution date.
2. The net book value of the two plots of land is equivalent to the purchase price i.e. Thai Baht 101.299 million (equivalent to RM10.04 million).
3. The vendor, i.e. Amata Corporation Public Company Limited, is the developer of the Amata Nakorn Industrial Estate where the present factories of Sunchirin Industry (Thailand) Ltd ("Sunchirin Thailand") are located. The Company had previously purchased land from the same developer as per our announcements dated 5 April 2006 and 20 May 2002. The vendor is listed on the Stock Exchange of Thailand. Details of the names of its directors and substantial shareholders together with their respective shareholdings can be found in the website of Thailand Stock Exchange.
4. Sunchirin Thailand has plans for expansion and the Proposed Acquisition is to cater to the expansion of the business operation to meet the rising market demand in Thailand.
5. Salient features of the Agreement are as follows:
Sunchirin Thailand shall make payment to the Vendor of the land as follows:
- the sum of Thai Baht 60,779,400.- on the execution date, i.e. 23 August 2010
- the sum of Thai Baht 40,519,600.- on the registration of the title deed transfer, which shall be within 45 days from the execution date.
6. No valuation was carried out as the acquisition is direct from the industrial estate developer on a willing buyer willing seller basis. The developer is presently selling parcels of land at the industrial estate at average price of RM23.23 psf.
7. Not applicable.
8. The land is acquired for the expansion of the subsidiary's manufacturing operation. Without the acquisition, the subsidiary would not be able to expand its capacity to meet and fulfill market demand in the future.
9. The expansion plan is dependent on market demand and business requirement. As such, the risk pertaining to the acquisition of the said land is subjected to the same business and operational risk presently experienced by the Sunchirin Group.
10. Relevant information in item (1), Part C, Appendix 10A of the Main LR:
(a) The postal address of the two plots of land are Plot G746 and Plot G716, Moo 3, Amata Nakorn Industrial Estate, Bangna-Trad.Rd., KM 57, Tambol Nongkakar, Amphur Pan Thong, Chonburi, Thailand
(b) The two plots of land are vacant freehold industrial land with ready infrastructure.
Query Letter content: We refer to your Company's announcement dated 24 August 2010, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1) Terms of any arrangement for payment on a deferred basis;
2) Net book value of the properties based on latest audited accounts;
3) Details of vendor including principal activity, names of its directors and
substantial shareholders together with their respective shareholdings;
4) Any benefit which is expected to accrue to the Company as a result of the
Proposed Acquisition;
5) Salient features of the agreement;
6) Whether any valuation was carried out on the properties; if so, the name of
the independent registered valuer, date and method of valuation and
quantification of the market value;
7) Time and place where valuation report (if any) may be inspected;
8) Prospects of the properties to be acquired;
9) Risks in relation to the acquisition of the properties; and
10) Relevant information in item (1), Part C, Appendix 10A of the Main LR.
Page 2/-
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
WCY/LMN
copy to:- General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Company Name: SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD
Stock Name: SUNCRN
Date Announced: 26/08/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: MN-100825-39614
Subject: Sunchirin Industries (Malaysia) Berhad ("SUNCHIRIN" or the "Company")
- Proposed acquisition of two plots of land in Chonburi, Thailand by Sunchirin Industry (Thailand) Ltd, a wholly owned subsidiary of Sunchirin ("Proposed Acquisition")
Contents: With reference to Bursa Malaysia Securities Berhad's query letter dated 25 August 2010 in relation to the Company's announcement dated 24 August 2010 on the Proposed Acquisition, the Company wishes to provide the following additional information:
1. There are no terms of any arrangement for payment on a deferred basis. 60% of the purchase price was paid on signing of the agreement (execution date 23 Aug 2010) whilst the balance of the purchase price is to be paid within 45 days from the execution date.
2. The net book value of the two plots of land is equivalent to the purchase price i.e. Thai Baht 101.299 million (equivalent to RM10.04 million).
3. The vendor, i.e. Amata Corporation Public Company Limited, is the developer of the Amata Nakorn Industrial Estate where the present factories of Sunchirin Industry (Thailand) Ltd ("Sunchirin Thailand") are located. The Company had previously purchased land from the same developer as per our announcements dated 5 April 2006 and 20 May 2002. The vendor is listed on the Stock Exchange of Thailand. Details of the names of its directors and substantial shareholders together with their respective shareholdings can be found in the website of Thailand Stock Exchange.
4. Sunchirin Thailand has plans for expansion and the Proposed Acquisition is to cater to the expansion of the business operation to meet the rising market demand in Thailand.
5. Salient features of the Agreement are as follows:
Sunchirin Thailand shall make payment to the Vendor of the land as follows:
- the sum of Thai Baht 60,779,400.- on the execution date, i.e. 23 August 2010
- the sum of Thai Baht 40,519,600.- on the registration of the title deed transfer, which shall be within 45 days from the execution date.
6. No valuation was carried out as the acquisition is direct from the industrial estate developer on a willing buyer willing seller basis. The developer is presently selling parcels of land at the industrial estate at average price of RM23.23 psf.
7. Not applicable.
8. The land is acquired for the expansion of the subsidiary's manufacturing operation. Without the acquisition, the subsidiary would not be able to expand its capacity to meet and fulfill market demand in the future.
9. The expansion plan is dependent on market demand and business requirement. As such, the risk pertaining to the acquisition of the said land is subjected to the same business and operational risk presently experienced by the Sunchirin Group.
10. Relevant information in item (1), Part C, Appendix 10A of the Main LR:
(a) The postal address of the two plots of land are Plot G746 and Plot G716, Moo 3, Amata Nakorn Industrial Estate, Bangna-Trad.Rd., KM 57, Tambol Nongkakar, Amphur Pan Thong, Chonburi, Thailand
(b) The two plots of land are vacant freehold industrial land with ready infrastructure.
Query Letter content: We refer to your Company's announcement dated 24 August 2010, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1) Terms of any arrangement for payment on a deferred basis;
2) Net book value of the properties based on latest audited accounts;
3) Details of vendor including principal activity, names of its directors and
substantial shareholders together with their respective shareholdings;
4) Any benefit which is expected to accrue to the Company as a result of the
Proposed Acquisition;
5) Salient features of the agreement;
6) Whether any valuation was carried out on the properties; if so, the name of
the independent registered valuer, date and method of valuation and
quantification of the market value;
7) Time and place where valuation report (if any) may be inspected;
8) Prospects of the properties to be acquired;
9) Risks in relation to the acquisition of the properties; and
10) Relevant information in item (1), Part C, Appendix 10A of the Main LR.
Page 2/-
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
WCY/LMN
copy to:- General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
EPIC - First Interim Dividend
Announcement Type: Entitlements (Notice of Book Closure)
Company Name: EASTERN PACIFIC INDUSTRIAL CORPORATION BERHAD
Stock Name: EPIC
Date Announced: 26/08/2010
Announcement Detail:
EX-date: 28/09/2010
Entitlement date: 30/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: First Interim Dividend
Entitlement description: 2.5 sen per ordinary share tax exempt
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd
(formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower
Lingkaran Syed Putra
Mid Valley City
59200 Kuala Lumpur
03-2264 3883
Payment date: 18/10/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 30/09/2010
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.025
Company Name: EASTERN PACIFIC INDUSTRIAL CORPORATION BERHAD
Stock Name: EPIC
Date Announced: 26/08/2010
Announcement Detail:
EX-date: 28/09/2010
Entitlement date: 30/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: First Interim Dividend
Entitlement description: 2.5 sen per ordinary share tax exempt
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd
(formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower
Lingkaran Syed Putra
Mid Valley City
59200 Kuala Lumpur
03-2264 3883
Payment date: 18/10/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 30/09/2010
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.025
GFB - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 26/08/2010
Announcement Detail:
Date of buy back: 26/08/2010
Description of shares purchased: Ordinary Shares of RM1 Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,000
Minimum price paid for each share purchased ($$): 1.350
Maximum price paid for each share purchased ($$): 1.370
Total consideration paid ($$): 27,469.81
Number of shares purchased retained in treasury (units): 20,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,672,000
Adjusted issued capital after cancellation (no. of shares) (units): 56,608,800
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.95
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 26/08/2010.
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 26/08/2010
Announcement Detail:
Date of buy back: 26/08/2010
Description of shares purchased: Ordinary Shares of RM1 Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,000
Minimum price paid for each share purchased ($$): 1.350
Maximum price paid for each share purchased ($$): 1.370
Total consideration paid ($$): 27,469.81
Number of shares purchased retained in treasury (units): 20,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,672,000
Adjusted issued capital after cancellation (no. of shares) (units): 56,608,800
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.95
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 26/08/2010.
FFHB - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: FEDERAL FURNITURE HOLDINGS (M) BERHAD
Stock Name: FFHB
Date Announced: 26/08/2010
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: FEDERAL FURNITURE HOLDINGS (M) BERHAD
Stock Name: FFHB
Date Announced: 26/08/2010
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)
BREM - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
BREM - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 26/08/2010
Announcement Detail:
Date of buy back: 26/08/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 11,000
Minimum price paid for each share purchased ($$): 1.240
Maximum price paid for each share purchased ($$): 1.260
Total consideration paid ($$): 13,735.47
Number of shares purchased retained in treasury (units): 11,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,116,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.95
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 26/08/2010
Announcement Detail:
Date of buy back: 26/08/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 11,000
Minimum price paid for each share purchased ($$): 1.240
Maximum price paid for each share purchased ($$): 1.260
Total consideration paid ($$): 13,735.47
Number of shares purchased retained in treasury (units): 11,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,116,500
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 (%): 2.95
FRB - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: FORMIS RESOURCES BERHAD
Stock Name: FRB
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: FORMIS RESOURCES BERHAD
Stock Name: FRB
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
EKSONS - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: EKSONS CORPORATION BERHAD
Stock Name: EKSONS
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: EKSONS CORPORATION BERHAD
Stock Name: EKSONS
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
MTD - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: MTD CAPITAL BHD
Stock Name: MTD
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: MTD CAPITAL BHD
Stock Name: MTD
Date Announced: 26/08/2010
Announcement Detail:
Financial Year End: 31/03/2011
Quarter: 1
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
JETSON - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 26/08/2010
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: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 26/08/2010
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)
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