GSB - NOTICE OF THE SEVENTEENTH ANNUAL GENERAL MEETING
Announcement Type: General Announcement
Company Name: GSB GROUP BERHAD
Stock Name: GSB
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: NOTICE OF THE SEVENTEENTH ANNUAL GENERAL MEETING
Contents: The Board of Directors wishes to inform that the Seventeenth Annual General Meeting of the Company will be held on the following date, time and venue :-
Date : 30 September 2010 (Thursday)
Time : 9.00 a.m.
Venue : No. 9 Jalan 3/91A
Taman Shamelin Perkasa
Cheras
56100 Kuala Lumpur
Attached herewith is the Notice of the abovesaid Seventeenth Annual General Meeting dated 7 September 2010 for your attention. Please be informed that the same notice will be published in New Straits Times on 7 September 2010.
Attachments: Notice - 2010 -.doc
Company Name: GSB GROUP BERHAD
Stock Name: GSB
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: NOTICE OF THE SEVENTEENTH ANNUAL GENERAL MEETING
Contents: The Board of Directors wishes to inform that the Seventeenth Annual General Meeting of the Company will be held on the following date, time and venue :-
Date : 30 September 2010 (Thursday)
Time : 9.00 a.m.
Venue : No. 9 Jalan 3/91A
Taman Shamelin Perkasa
Cheras
56100 Kuala Lumpur
Attached herewith is the Notice of the abovesaid Seventeenth Annual General Meeting dated 7 September 2010 for your attention. Please be informed that the same notice will be published in New Straits Times on 7 September 2010.
Attachments: Notice - 2010 -.doc
SYF - Disposal of Property by SYF Trading Sdn. Bhd. ("SYFT") to Mayban Trustees Berhad ("MTB")
Announcement Type: General Announcement
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 06/09/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-100903-40194
Subject: Disposal of Property by SYF Trading Sdn. Bhd. ("SYFT") to Mayban Trustees Berhad ("MTB")
Contents: In response to the letter dated 3 September 2010 from Bursa Malaysia Securities Berhad, the Board of Directors of SYF Resources Berhad ("SRB") would like to provide the following clarification to the queries raised:-
1. Basis of the Guaranteed Minimum Gross Income amount
As a real estate investment trust, the purchaser requires a minimum rental income so that their investment would generate a sufficient net return after accounting for maintenance charges and other outgoings of the property. This net return provides the minimum yield in order for the purchaser to enter into the transaction.
2. Rental Income Generated from Existing Tenants
The monthly rental income due from the two existing tenants amount to a total of RM33,412/-, i.e. RM400,944/- per annum. Together, both these tenants occupy the total lettable area of the property.
3. Justification for Agreeing to the Guaranteed Minimum Gross Income
Based on the existing tenancies, the monthly rental income receivable of RM33,412/- is insufficient to meet the monthly maintenance charges of RM43,056.74 resulting in a shortfall of RM9,644/-. In addition, the property is currently charged to secure banking facilities which continue to incur interest for the SRB Group.
The Property Disposal will enable the SRB Group to avoid further future losses on the said shortfall which amount to approximately RM115,728/- per annum. As the proceeds will be fully utilized to reduce borrowings, there will be interest savings of approximately RM429,000/- per annum arising from the disposal.
The disposal will result in the said savings for future years whereas the cost arising from the Guaranteed Minimum Gross Income is only for one year equivalent to an amount of RM426,000/-.
4. Age of the Property
The age of the property is approximately twelve (12) years.
5. Tenure of the Property
The property is freehold.
6. Valuation
The property was valued at RM6.8 million by the firm of Rahim & Co vide their valuation report dated 19 April 2010 which was certified by Chee Kok Thim, registered valuer (V 325). Using the Investment Method cross-checked by the Comparison Method, the valuation was subject to the guaranteed minimum income.
7. Net Book Value
The net book value of the property is RM6.4 million based on the last audited accounts as at 31 July 2009.
8. Percentage of Occupancy
The property is fully let out to the two existing tenants.
9. Liabilities to be Assumed by Purchaser
The property is being sold free from all encumbrances with the sales proceeds being used to redeem from Alliance Bank Malaysia Berhad, the existing chargee. As such, no liability will be assumed by the purchaser.
10. Basis of Disposal Consideration
The disposal consideration is based on the valuation as detailed in item 6 above.
11. No "Surplus Income"
The property does not generate any surplus income as the rental receivable is insufficient to meet the maintenance charges, as detailed in item 3 above.
12. Timeframe for Utilisation of Disposal Proceeds
As the disposal proceeds will be fully utilized for redemption of the property from the existing chargee bank, the proceeds will be fully utilized during the five months provided for the completion of the transaction.
13. Date of Acquisition of Property
The property was acquired vide a sale and purchase agreement dated 11 June 1998.
14. Effect on the Group's Gearing
Based on the last audited accounts as at 31 July 2009, the disposal will reduce the debt to equity ratio from 2.73 to 2.53 times.
15. Percentage Ratio
The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements is 19.4%.
This announcement is dated 6 September 2010
Query Letter content: We refer to your Company's announcement dated 2 September 2010, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The basis in arriving at the Guaranteed Minimum Gross Income amount;
Quantification of the rental income per annum generated by the Company from the
existing tenants;
The reason/justification for giving MTB the Guaranteed Minimum Gross Income
that exceeds the rental amount per annum receivable by MTB from the existing
tenants after the disposal;
The approximate age of the Property;
The tenure of the Property. If leasehold, the expiry date of the lease;
Whether any valuation was carried out on the Property. If so, the name of the
independent registered valuer, date and method of valuation and quantification
of the market value;
The net book value of the Property based on the latest audited financial
statements;
The percentage of occupancy of the Property;
The particulars of all liabilities to be assumed by MTB arising from the
disposal;
The basis in arriving at the disposal consideration, other than willing
buyer-willing seller basis;
As the Company generates rental income from the Property, to clarify further on
the statement that the Property does not generate "surplus income";
The timeframe for full utilization of the disposal proceeds;
The exact date of acquisition of the Property;
The effect of the disposal on the Group's gearing given that the proceeds with
be fully utilized to repay the existing borrowings; and
The highest percentage ratio pursuant to Paragraph 10.02(g) of the Main Market
Listing Requirements.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
CFT/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 06/09/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-100903-40194
Subject: Disposal of Property by SYF Trading Sdn. Bhd. ("SYFT") to Mayban Trustees Berhad ("MTB")
Contents: In response to the letter dated 3 September 2010 from Bursa Malaysia Securities Berhad, the Board of Directors of SYF Resources Berhad ("SRB") would like to provide the following clarification to the queries raised:-
1. Basis of the Guaranteed Minimum Gross Income amount
As a real estate investment trust, the purchaser requires a minimum rental income so that their investment would generate a sufficient net return after accounting for maintenance charges and other outgoings of the property. This net return provides the minimum yield in order for the purchaser to enter into the transaction.
2. Rental Income Generated from Existing Tenants
The monthly rental income due from the two existing tenants amount to a total of RM33,412/-, i.e. RM400,944/- per annum. Together, both these tenants occupy the total lettable area of the property.
3. Justification for Agreeing to the Guaranteed Minimum Gross Income
Based on the existing tenancies, the monthly rental income receivable of RM33,412/- is insufficient to meet the monthly maintenance charges of RM43,056.74 resulting in a shortfall of RM9,644/-. In addition, the property is currently charged to secure banking facilities which continue to incur interest for the SRB Group.
The Property Disposal will enable the SRB Group to avoid further future losses on the said shortfall which amount to approximately RM115,728/- per annum. As the proceeds will be fully utilized to reduce borrowings, there will be interest savings of approximately RM429,000/- per annum arising from the disposal.
The disposal will result in the said savings for future years whereas the cost arising from the Guaranteed Minimum Gross Income is only for one year equivalent to an amount of RM426,000/-.
4. Age of the Property
The age of the property is approximately twelve (12) years.
5. Tenure of the Property
The property is freehold.
6. Valuation
The property was valued at RM6.8 million by the firm of Rahim & Co vide their valuation report dated 19 April 2010 which was certified by Chee Kok Thim, registered valuer (V 325). Using the Investment Method cross-checked by the Comparison Method, the valuation was subject to the guaranteed minimum income.
7. Net Book Value
The net book value of the property is RM6.4 million based on the last audited accounts as at 31 July 2009.
8. Percentage of Occupancy
The property is fully let out to the two existing tenants.
9. Liabilities to be Assumed by Purchaser
The property is being sold free from all encumbrances with the sales proceeds being used to redeem from Alliance Bank Malaysia Berhad, the existing chargee. As such, no liability will be assumed by the purchaser.
10. Basis of Disposal Consideration
The disposal consideration is based on the valuation as detailed in item 6 above.
11. No "Surplus Income"
The property does not generate any surplus income as the rental receivable is insufficient to meet the maintenance charges, as detailed in item 3 above.
12. Timeframe for Utilisation of Disposal Proceeds
As the disposal proceeds will be fully utilized for redemption of the property from the existing chargee bank, the proceeds will be fully utilized during the five months provided for the completion of the transaction.
13. Date of Acquisition of Property
The property was acquired vide a sale and purchase agreement dated 11 June 1998.
14. Effect on the Group's Gearing
Based on the last audited accounts as at 31 July 2009, the disposal will reduce the debt to equity ratio from 2.73 to 2.53 times.
15. Percentage Ratio
The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements is 19.4%.
This announcement is dated 6 September 2010
Query Letter content: We refer to your Company's announcement dated 2 September 2010, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The basis in arriving at the Guaranteed Minimum Gross Income amount;
Quantification of the rental income per annum generated by the Company from the
existing tenants;
The reason/justification for giving MTB the Guaranteed Minimum Gross Income
that exceeds the rental amount per annum receivable by MTB from the existing
tenants after the disposal;
The approximate age of the Property;
The tenure of the Property. If leasehold, the expiry date of the lease;
Whether any valuation was carried out on the Property. If so, the name of the
independent registered valuer, date and method of valuation and quantification
of the market value;
The net book value of the Property based on the latest audited financial
statements;
The percentage of occupancy of the Property;
The particulars of all liabilities to be assumed by MTB arising from the
disposal;
The basis in arriving at the disposal consideration, other than willing
buyer-willing seller basis;
As the Company generates rental income from the Property, to clarify further on
the statement that the Property does not generate "surplus income";
The timeframe for full utilization of the disposal proceeds;
The exact date of acquisition of the Property;
The effect of the disposal on the Group's gearing given that the proceeds with
be fully utilized to repay the existing borrowings; and
The highest percentage ratio pursuant to Paragraph 10.02(g) of the Main Market
Listing Requirements.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
CHONG FUI TZY
Head, Issuers
Listing Division
Regulation
CFT/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
JPK - JPK HOLDINGS BERHAD ("JPK" or "the Company") - THIRTEENTH ANNUAL GENERAL MEETING
Announcement Type: General Announcement
Company Name: JPK HOLDINGS BERHAD
Stock Name: JPK
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: JPK HOLDINGS BERHAD ("JPK" or "the Company")
- THIRTEENTH ANNUAL GENERAL MEETING
Contents: We act for and on behalf of JPK.
We wish to inform that the Thirteenth Annual General Meeting of JPK will be held at Lot 2, Jalan Jangur Dua 28/43A, Seksyen 28, 40000 Shah Alam, Selangor Darul Ehsan on Thursday, 30 September 2010 at 8.00 a.m.
We are pleased to attach herewith the Notice of the aforesaid Meeting for your attention.
Attachments: JPK 13th AGM Notice.pdf
Company Name: JPK HOLDINGS BERHAD
Stock Name: JPK
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: JPK HOLDINGS BERHAD ("JPK" or "the Company")
- THIRTEENTH ANNUAL GENERAL MEETING
Contents: We act for and on behalf of JPK.
We wish to inform that the Thirteenth Annual General Meeting of JPK will be held at Lot 2, Jalan Jangur Dua 28/43A, Seksyen 28, 40000 Shah Alam, Selangor Darul Ehsan on Thursday, 30 September 2010 at 8.00 a.m.
We are pleased to attach herewith the Notice of the aforesaid Meeting for your attention.
Attachments: JPK 13th AGM Notice.pdf
SMPC - Notice of Twenty-Ninth (29th) Annual General Meeting
Announcement Type: General Announcement
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: Notice of Twenty-Ninth (29th) Annual General Meeting
Contents: The Board of Directors of SMPC Corporation Bhd. wishes to announce that the Twenty-Ninth (29th) Annual General Meeting of the Company will be held at Bilik Bunga Raya, Safira Country Club, Lot 2769 Jalan Todak, Bandar Seberang Jaya, 13700 Seberang Prai on Thursday, 30 September 2010 at 10.00 a.m.
Attachments: SMPC-AGM Notice.pdf
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: Notice of Twenty-Ninth (29th) Annual General Meeting
Contents: The Board of Directors of SMPC Corporation Bhd. wishes to announce that the Twenty-Ninth (29th) Annual General Meeting of the Company will be held at Bilik Bunga Raya, Safira Country Club, Lot 2769 Jalan Todak, Bandar Seberang Jaya, 13700 Seberang Prai on Thursday, 30 September 2010 at 10.00 a.m.
Attachments: SMPC-AGM Notice.pdf
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: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 77,500
Minimum price paid for each share purchased ($$): 1.250
Maximum price paid for each share purchased ($$): 1.300
Total consideration paid ($$): 100,932.64
Number of shares purchased retained in treasury (units): 77,500
Cumulative net outstanding treasury shares as at to-date (units): 8,239,700
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 9.99
Company Name: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 77,500
Minimum price paid for each share purchased ($$): 1.250
Maximum price paid for each share purchased ($$): 1.300
Total consideration paid ($$): 100,932.64
Number of shares purchased retained in treasury (units): 77,500
Cumulative net outstanding treasury shares as at to-date (units): 8,239,700
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 9.99
CAELY - NOTICE OF FOURTEENTH ANNUAL GENERAL MEETING
Announcement Type: General Announcement
Company Name: CAELY HOLDINGS BHD
Stock Name: CAELY
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: NOTICE OF FOURTEENTH ANNUAL GENERAL MEETING
Contents: The Company wishes to announce that the Fourteenth Annual General Meeting of the Company shall be held at No. 47 Zone J4 Jalan Radin Anum Bandar Sri Petaling 57000 Kuala Lumpur on 29 September 2010 at 9.30 a.m.
Attachments: CAELY-Notice of 14th AGM.pdf
Company Name: CAELY HOLDINGS BHD
Stock Name: CAELY
Date Announced: 06/09/2010
Announcement Detail:
Type: Announcement
Subject: NOTICE OF FOURTEENTH ANNUAL GENERAL MEETING
Contents: The Company wishes to announce that the Fourteenth Annual General Meeting of the Company shall be held at No. 47 Zone J4 Jalan Radin Anum Bandar Sri Petaling 57000 Kuala Lumpur on 29 September 2010 at 9.30 a.m.
Attachments: CAELY-Notice of 14th AGM.pdf
KNM - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: KNM GROUP BERHAD
Stock Name: KNM
Date Announced: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary shares of RM0.25 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 100,000
Minimum price paid for each share purchased ($$): 0.400
Maximum price paid for each share purchased ($$): 0.420
Total consideration paid ($$): 41,299.30
Number of shares purchased retained in treasury (units): 100,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 76,189,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.90
Company Name: KNM GROUP BERHAD
Stock Name: KNM
Date Announced: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary shares of RM0.25 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 100,000
Minimum price paid for each share purchased ($$): 0.400
Maximum price paid for each share purchased ($$): 0.420
Total consideration paid ($$): 41,299.30
Number of shares purchased retained in treasury (units): 100,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 76,189,500
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 (%): 1.90
PPG - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: PELANGI PUBLISHING GROUP BHD.
Stock Name: PPG
Date Announced: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary Shares
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 310,000
Minimum price paid for each share purchased ($$): 0.400
Maximum price paid for each share purchased ($$): 0.410
Number of shares purchased retained in treasury (units): 310,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 769,200
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 (%): 0.77
Company Name: PELANGI PUBLISHING GROUP BHD.
Stock Name: PPG
Date Announced: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary Shares
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 310,000
Minimum price paid for each share purchased ($$): 0.400
Maximum price paid for each share purchased ($$): 0.410
Number of shares purchased retained in treasury (units): 310,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 769,200
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 (%): 0.77
WANGZNG - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: WANG-ZHENG BERHAD
Stock Name: WANGZNG
Date Announced: 06/09/2010
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 ("PROPOSED PRIVATE PLACEMENT")
Contents: Further to the announcements dated 2 August 2010, 11 August 2010 and 25 August 2010 in relation to the Proposed Private Placement, HwangDBS Investment Bank Berhad, on behalf of the Board of Directors of Wang-Zheng, is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has approved the listing of and quotation for the new ordinary shares of RM0.50 each in Wang-Zheng ("Placement Shares") to be issued pursuant to the Proposed Private Placement, subject to the following conditions:
(a) Wang-Zheng and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(b) Wang-Zheng and its adviser to inform Bursa Securities upon the completion of the Proposed Private Placement;
(c) Wang-Zheng to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders approving the Proposed Private Placement prior to the quotation of the Placement Shares; and
(d) Wang-Zheng to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed.
This announcement is dated 6 September 2010.
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: WANG-ZHENG BERHAD
Stock Name: WANGZNG
Date Announced: 06/09/2010
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 ("PROPOSED PRIVATE PLACEMENT")
Contents: Further to the announcements dated 2 August 2010, 11 August 2010 and 25 August 2010 in relation to the Proposed Private Placement, HwangDBS Investment Bank Berhad, on behalf of the Board of Directors of Wang-Zheng, is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has approved the listing of and quotation for the new ordinary shares of RM0.50 each in Wang-Zheng ("Placement Shares") to be issued pursuant to the Proposed Private Placement, subject to the following conditions:
(a) Wang-Zheng and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(b) Wang-Zheng and its adviser to inform Bursa Securities upon the completion of the Proposed Private Placement;
(c) Wang-Zheng to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders approving the Proposed Private Placement prior to the quotation of the Placement Shares; and
(d) Wang-Zheng to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed.
This announcement is dated 6 September 2010.
BSLCORP - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 41,000
Minimum price paid for each share purchased ($$): 0.325
Maximum price paid for each share purchased ($$): 0.325
Total consideration paid ($$): 13,422.95
Number of shares purchased retained in treasury (units): 41,000
Cumulative net outstanding treasury shares as at to-date (units): 467,400
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.48
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 06/09/2010
Announcement Detail:
Date of buy back: 06/09/2010
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 41,000
Minimum price paid for each share purchased ($$): 0.325
Maximum price paid for each share purchased ($$): 0.325
Total consideration paid ($$): 13,422.95
Number of shares purchased retained in treasury (units): 41,000
Cumulative net outstanding treasury shares as at to-date (units): 467,400
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.48
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