WANGZNG - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: WANG-ZHENG BERHAD
Stock Name: WANGZNG
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: WANG-ZHENG BERHAD ("WANG-ZHENG" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF 40,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN WANG-ZHENG REPRESENTING 25% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY
Contents: On behalf of the Board of Directors of Wang-Zheng, HwangDBS Investment Bank Berhad wishes to announce that the Company proposes to undertake a proposed private placement of 40,000,000 new ordinary shares of RM0.50 each in the Company representing 25% of the enlarged issued and paid-up share capital of the Company ("Proposed Private Placement").
Please refer to the attachment for further details of the Proposed Private Placement.
This announcement is dated 2 August 2010.
Attachments: Announcement_Proposed Private Placement.pdf
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: WANG-ZHENG BERHAD
Stock Name: WANGZNG
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: WANG-ZHENG BERHAD ("WANG-ZHENG" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF 40,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN WANG-ZHENG REPRESENTING 25% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY
Contents: On behalf of the Board of Directors of Wang-Zheng, HwangDBS Investment Bank Berhad wishes to announce that the Company proposes to undertake a proposed private placement of 40,000,000 new ordinary shares of RM0.50 each in the Company representing 25% of the enlarged issued and paid-up share capital of the Company ("Proposed Private Placement").
Please refer to the attachment for further details of the Proposed Private Placement.
This announcement is dated 2 August 2010.
Attachments: Announcement_Proposed Private Placement.pdf
SCIB - OUTSTANDING RELATED PARTY RECEIVABLES
Announcement Type: General Announcement
Company Name: SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name: SCIB
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: OUTSTANDING RELATED PARTY RECEIVABLES
Contents: Further to the announcement made on 7 July 2010 (ref. no. CCS-100706-3DEC4) and pursuant to Paragraph 2.23 of the Main Market Listing Requirements, Sarawak Consolidated Industries Berhad wishes to announce that the outstanding Recurrent Related Party Transaction ("RRPT") receivables as at the second quarter ended 30 June 2010 is as outlined in the table below.
Expected timeframe to fully recover the debts:
1. Outstanding amount exceeded credit term of more than one (1) year but less than three (3) years are expected to be fully recovered by September 2010.
Company Name: SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name: SCIB
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: OUTSTANDING RELATED PARTY RECEIVABLES
Contents: Further to the announcement made on 7 July 2010 (ref. no. CCS-100706-3DEC4) and pursuant to Paragraph 2.23 of the Main Market Listing Requirements, Sarawak Consolidated Industries Berhad wishes to announce that the outstanding Recurrent Related Party Transaction ("RRPT") receivables as at the second quarter ended 30 June 2010 is as outlined in the table below.
Expected timeframe to fully recover the debts:
1. Outstanding amount exceeded credit term of more than one (1) year but less than three (3) years are expected to be fully recovered by September 2010.
RCECAP - General Announcement
Announcement Type: General Announcement
Company Name: RCE CAPITAL BERHAD
Stock Name: RCECAP
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: RCE CAPITAL BERHAD ("RCE" OR "THE COMPANY")
(I) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RRPT SHAREHOLDERS' MANDATE)
(II) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY ("PROPOSED SHARE BUY-BACK AUTHORITY")
(III) PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY
Contents: The Board of Directors of RCE wishes to announce that the Company proposes to seek shareholders' approval for the following proposals at the forthcoming Fifty-Sixth Annual General Meeting of the Company:
(a) Proposed RRPT Shareholders' Mandate;
(b) Proposed Share Buy-Back Authority; and
(c) Proposed Amendments to the Articles of Association of the Company.
A circular/statement containing the details of the abovementioned proposals will be despatched to the shareholders in due course.
This announcement is dated 2 August 2010.
Company Name: RCE CAPITAL BERHAD
Stock Name: RCECAP
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: RCE CAPITAL BERHAD ("RCE" OR "THE COMPANY")
(I) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RRPT SHAREHOLDERS' MANDATE)
(II) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY ("PROPOSED SHARE BUY-BACK AUTHORITY")
(III) PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY
Contents: The Board of Directors of RCE wishes to announce that the Company proposes to seek shareholders' approval for the following proposals at the forthcoming Fifty-Sixth Annual General Meeting of the Company:
(a) Proposed RRPT Shareholders' Mandate;
(b) Proposed Share Buy-Back Authority; and
(c) Proposed Amendments to the Articles of Association of the Company.
A circular/statement containing the details of the abovementioned proposals will be despatched to the shareholders in due course.
This announcement is dated 2 August 2010.
LINEAR - General Announcement
Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
FIRST (1st) MONTHLY ANNOUNCEMENT ON THE STATUS OF
THE COMPANY'S PLAN TO REGULARISE ITS CONDITION
PURSUANT TO PRACTICE NOTE 17/2005 ("PN17")
Contents: Further to the announcement made on 23/06/2010 ("First Announcement"), the Board of Directors
of Linear wishes to announce that the Company is continuing negotiations with interested parties
and key stakeholders to formulate a regularisation plan.
The Company has 11 months to submit its regularisation plan to the relevant authorities for
approval.
This announcement is dated August 2, 2010
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
FIRST (1st) MONTHLY ANNOUNCEMENT ON THE STATUS OF
THE COMPANY'S PLAN TO REGULARISE ITS CONDITION
PURSUANT TO PRACTICE NOTE 17/2005 ("PN17")
Contents: Further to the announcement made on 23/06/2010 ("First Announcement"), the Board of Directors
of Linear wishes to announce that the Company is continuing negotiations with interested parties
and key stakeholders to formulate a regularisation plan.
The Company has 11 months to submit its regularisation plan to the relevant authorities for
approval.
This announcement is dated August 2, 2010
STAMCOL - General Announcement
Announcement Type: General Announcement
Company Name: STAMFORD COLLEGE BERHAD
Stock Name: STAMCOL
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: STAMFORD COLLEGE BERHAD ("SCB" or "the Company")
Monthly Announcement Pursuant to the Practice Note No. 17 of the Main Market Listing Requirements ("PN 17")
Contents: Reference is made to the Company's First Announcement dated 7 May 2009 whereby the Company announced that it was an Affected Listed Issuer pursuant to the Amended PN17 of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") under criteria 2.1 (e) of the Amended PN17.
Further to the announcement made on 5 March 2010 in relation to the Proposed Regularisation Plan submitted to Bursa Securities, the Company wishes to announce that Bursa Securities had vide its letter dated 26 July 2010 rejected the Company's application in relation to the Proposed Regularisation Plan.
In relation thereto, the Company wishes to inform that the Board of Directors is presently deliberating on the next course of actions and the relevant announcement will be made accordingly.
This announcement is dated 2 August 2010.
c.c.: Securities Commission
Company Name: STAMFORD COLLEGE BERHAD
Stock Name: STAMCOL
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: STAMFORD COLLEGE BERHAD ("SCB" or "the Company")
Monthly Announcement Pursuant to the Practice Note No. 17 of the Main Market Listing Requirements ("PN 17")
Contents: Reference is made to the Company's First Announcement dated 7 May 2009 whereby the Company announced that it was an Affected Listed Issuer pursuant to the Amended PN17 of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") under criteria 2.1 (e) of the Amended PN17.
Further to the announcement made on 5 March 2010 in relation to the Proposed Regularisation Plan submitted to Bursa Securities, the Company wishes to announce that Bursa Securities had vide its letter dated 26 July 2010 rejected the Company's application in relation to the Proposed Regularisation Plan.
In relation thereto, the Company wishes to inform that the Board of Directors is presently deliberating on the next course of actions and the relevant announcement will be made accordingly.
This announcement is dated 2 August 2010.
c.c.: Securities Commission
MAXBIZ - General Announcement
Announcement Type: General Announcement
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- Monthly Status Announcement on Default in Payment Pursuant to Practice Note 1
Contents: We act for and on behalf of MAXBIZ.
Further to MAXBIZ's announcement made on 1 July 2010, the Board of Directors of MAXBIZ wishes to inform that there are no changes in the status of the default in payment in relation to the following :-
(a) The redemption of 50% of the nominal amount of the RM3.0 million 2 years 5% Redeemable Unsecured Loan Stocks (RULS) from the RULS holders;
(b) The repayment of arrears of the Term Loan facility of RM5,000,000.00 granted by CIMB Bank Berhad (Formerly known as Bumiputra-Commerce Bank Berhad) to M.K.K. Industries Sdn. Bhd., a wholly-owned subsidiary of the Company, whereby the amount owing as at 28 February 2007 was RM1,720,740.80; and
(c) The demand of the sum of RM23,070,388.38 (including principal sum of RM22,615,598.00) as at 8 October 2006 with interest on RM22,615,598.00 at the rate of 2% per annum from 9 October 2006 to 6 October 2009 and an additional late payment interest of 1% per annum on all overdue sums from 9 October 2006 to date of full payment under the Trust Deed dated 16 July 2004 (constituting RM22,615,598.00 nominal amount of 5 years 2% Redeemable Convertible Secured Loan Stock 2004/2009) (RCSLS) between MAXBIZ and Pacific Trustees Berhad, who is the Trustee for the Holders of the said RCSLS.
This announcement is dated 2 August 2010.
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 02/08/2010
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- Monthly Status Announcement on Default in Payment Pursuant to Practice Note 1
Contents: We act for and on behalf of MAXBIZ.
Further to MAXBIZ's announcement made on 1 July 2010, the Board of Directors of MAXBIZ wishes to inform that there are no changes in the status of the default in payment in relation to the following :-
(a) The redemption of 50% of the nominal amount of the RM3.0 million 2 years 5% Redeemable Unsecured Loan Stocks (RULS) from the RULS holders;
(b) The repayment of arrears of the Term Loan facility of RM5,000,000.00 granted by CIMB Bank Berhad (Formerly known as Bumiputra-Commerce Bank Berhad) to M.K.K. Industries Sdn. Bhd., a wholly-owned subsidiary of the Company, whereby the amount owing as at 28 February 2007 was RM1,720,740.80; and
(c) The demand of the sum of RM23,070,388.38 (including principal sum of RM22,615,598.00) as at 8 October 2006 with interest on RM22,615,598.00 at the rate of 2% per annum from 9 October 2006 to 6 October 2009 and an additional late payment interest of 1% per annum on all overdue sums from 9 October 2006 to date of full payment under the Trust Deed dated 16 July 2004 (constituting RM22,615,598.00 nominal amount of 5 years 2% Redeemable Convertible Secured Loan Stock 2004/2009) (RCSLS) between MAXBIZ and Pacific Trustees Berhad, who is the Trustee for the Holders of the said RCSLS.
This announcement is dated 2 August 2010.
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