September 15, 2010

Company announcements: HARVEST, SAAG, BRIGHT

HARVEST - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: HARVEST COURT INDUSTRIES BHD
Stock Name: HARVEST
Date Announced: 15/09/2010

Announcement Detail:
Type: Announcement

Subject: HARVEST COURT INDUSTRIES BERHAD ("HCIB" OR "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HCIB ("PRIVATE PLACEMENT")

Contents: We refer to the earlier announcements in relation to the Private Placement, inter alia, announcements made on 15 December 2009, 17 December 2009, 29 January 2010, 15 March 2010, 15 July 2010 and 22 July 2010.

As announced on 15 March 2010, the Company had extended the tentative time frame for the implementation of the Private Placement from 15 March 2010 to 15 September 2010 ("Implementation Deadline").

In relation to the approval granted by Bursa Malaysia Securities Berhad ("Bursa Securities") for, among others, the listing and quotation of the new ordinary shares of RM0.25 each in HCIB to be issued pursuant to the Private Placement ("Placement Shares") and as announced on 22 July 2010, Bursa Securities had, pursuant to paragraph 6.62 of the Main Market Listing Requirements of Bursa Securities ("LR") granted an extension of time of six (6) months up to 29 January 2011 for the Company to implement its Private Placement ("LR Deadline").

To-date, a total of 8,543,126 Placement Shares have been listed on Bursa Securities. However, in view of the current uncertain economic/business sentiments, the Board of Directors of HCIB ("Board") has yet to finalise suitable placees to subscribe for the remaining Placement Shares. In this regard, the Board has proposed to extend the Implementation Deadline from 15 September 2010 to 29 January 2011. The reason for the extension of four (4) months and two (2) weeks is to streamline the Implementation Deadline with the LR Deadline.

This announcement is dated 15 September 2010.


SAAG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 15/09/2010

Announcement Detail:
Type: Announcement

Subject: Non-Binding Term Sheet in relation to the Proposed Equity Line of Credit of up to RM20,000,000 with GEM Global Yield Fund

Contents: Further to the announcement dated 14 September 2010 in relation to the above captioned matter, the Board of Directors of SAAG wish to inform that the Proposed Transaction is not subject to approval of the shareholders of SAAG or any other regulatory authorities/parties.

This announcement is dated 15 September 2010.


BRIGHT - Bright Packaging Industry Berhad ("BRIGHT" or "COMPANY") Litigation Settlement

Announcement Type: General Announcement
Company Name: BRIGHT PACKAGING INDUSTRY BERHAD
Stock Name: BRIGHT
Date Announced: 15/09/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-100914-40141

Subject: Bright Packaging Industry Berhad ("BRIGHT" or "COMPANY")
Litigation Settlement

Contents: Further to the announcement dated 9 Sept 2010 in respect of a Settlement Agreement for settlement of all the litigations between our Companies and the relevant parties, the Board of Directors is pleased to furnish the additional information in relation to Bursa's queries dated 14 September 2010. Please refer to the attachment for full text of the announcement.

Query Letter content: We refer to your Company's announcement dated 9 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:-

Full details of the litigation cases;
The details of circumstances leading to the litigation cases;
The nature of relationship between Ratha Kerisnan, Koh Pee Seng and Chen Kait
Leong with the Company;
Full details on the disposal of Markmas Pak-Print Sdn Bhd;
The basis in arriving at the settlement considerations; and
Whether the Settlement Agreement will have any financial impact on the
Company.

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

HTH/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)

Attachments: Litigation Settlement query.doc



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