September 27, 2010

Company announcements: IRIS, NEXTNAT, ETITECH, FIBON, RHBCAP, BJTOTO, ZELAN, MFCB

IRIS - General Announcement

Announcement Type: General Announcement
Company Name: IRIS CORPORATION BERHAD (ACE Market)
Stock Name: IRIS
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: FOLLOW-UP UPDATE ON THE LITIGATION IN TURKEY AGAINST IRIS TECHNOLOGIES (M) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ICB AND ITS JOINT VENTURE PARTNER KUNT ELEKTRONIK SAN.VE TIC.A.S ("JV COMPANY")

Contents: This announcement is a follow-up to the announcement dated 20th September 2010.

The Turkish Interior Ministry Security General Directorate Administration ("Ministry of Interior") has filed an additional claim against the JV Company. Our appointed lawyers Messrs Sen & Arpaci were notified of this on the 14th September 2010.

This additional claim by the Ministry of Interior of Turkey is for: (1) administrative cost incurred by the Ministry of Interior for the issuance of tender; (2) for missed opportunity and its non-acceptance of the project done by the JV Company. The amount claimed is YTL 13.041 million which is equivalent to RM27.39 million at an exchange rate of YTL 1: RM2.1 as at 27 September 2010.

The hearing for this claim is scheduled on the 30th November 2010 at the Ankara Civil Court. Messrs Sen & Arpaci are of the legal opinion that the JV Company is in a strong position to counter this claim. They are currently preparing a statement of reply to be submitted to the Civil Court on the 30th November 2010.

The share of profits for the project is at the ratio of 75% for IRIS Technologies Sdn. Bhd and 25% for Kunt Elektronik San Ve Tic A.S and IRIS Technologies Sdn. Bhd. is to bear incurred direct losses if any.

The JV appointed lawyers Messrs Sen & Arpaci of Turkey will continue to act for and on behalf of the JV Company.

This announcement is dated 27 September 2010.


NEXTNAT - General Announcement

Announcement Type: General Announcement
Company Name: NEXTNATION COMMUNICATION BERHAD (ACE Market)
Stock Name: NEXTNAT
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: NEXTNATION COMMUNICATION BERHAD ("NEXTNATION" or "the Company")
- NOTICE OF SIXTH ANNUAL GENERAL MEETING ("6TH AGM")

Contents: The Board of Directors of NEXTNATION wishes to inform that the 6th AGM of the Company is scheduled to be held at Dewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, Off Jalan Damansara, 60000 Kuala Lumpur on Monday, 25 October 2010 at 9.00 a.m.

The Notice of the 6th AGM is attached herewith for your attention.

This announcement is dated 27 September 2010.

Attachments: Notice.pdf


ETITECH - APPOINTMENT BY JABATAN KERJA RAYA MALAYSIA AS PROJECT PARTNER FOR GENSET HYBRID PILOT PROJECT

Announcement Type: General Announcement
Company Name: ETI TECH CORPORATION BERHAD
Stock Name: ETITECH
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: APPOINTMENT BY JABATAN KERJA RAYA MALAYSIA AS PROJECT PARTNER FOR GENSET HYBRID PILOT PROJECT

Contents: The Board of Directors of ETI Tech Corporation Berhad (ETICB) wishes to announce that ETI Tech (M) Sdn Bhd (ETI Tech), a wholly-owned subsidiary of ETICB, received an Appointment letter dated 24 September 2010 from Jabatan Kerja Raya Malaysia (JKR) as its Project Partner on the pilot project for Genset Hybrid Systems.

This pilot project will be implemented in Kapit, Sarawak; specifically S.K. Lepong Gaat, S.K. Ng Stapang and S.K. Temenggong Koh. All these schools are located in the rural areas of Kapit.

This is a test case for our lithium polymer battery. The objective of this project is to enable these schools to be supplied with 24 hour electricity.

None of the Directors or major shareholders of ETICB and/or persons connected to them, as defined under the Bursa Malaysia Securities Berhad Main Market Listing Requirements, has any interest, whether direct or indirect, in the aforesaid arrangement.


FIBON - FIBON BERHAD ("THE COMPANY") NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM")

Announcement Type: General Announcement
Company Name: FIBON BERHAD
Stock Name: FIBON
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: FIBON BERHAD ("THE COMPANY")
NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM")

Contents: The Board of Directors of Fibon Berhad wishes to announce that the Extraordinary General Meeting of the Company will be held at ORNARESORT BERHAD, Batu 16, Jalan Gapam, Ladang Gapam, Bemban, 77200 Jasin, Melaka on Friday, 22 October 2010 at 10.30 a.m. or immediately after the conclusion of the Third Annual General Meeting of the Company or at any adjournment thereof.

This announcement is dated 27 September 2010.

Attachments: EGM - Notice (Bursa).pdf


RHBCAP - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: RHB CAPITAL BERHAD
Stock Name: RHBCAP
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: RHB CAPITAL BERHAD ("RHB CAPITAL" OR "COMPANY")

PROPOSED ACQUISITION OF 15.2% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF RHB INSURANCE BERHAD ("RHB INSURANCE") BY RHB CAPITAL FROM NISSAY DOWA GENERAL INSURANCE CO., LTD. ("NISSAY DOWA") ("PROPOSED ACQUISITION")

Contents: Further to the announcements dated 4 February 2010 and 19 July 2010 respectively, on behalf of the Board of Directors of RHB Capital, RHB Investment Bank Berhad is pleased to announce that it has today received an approval letter dated 24 September 2010 from Bank Negara Malaysia in respect of the application by RHB Capital to acquire 15,200,000 ordinary shares of RM1.00 each in RHB Insurance, representing 15.2% of the issued and paid-up share capital of RHB Insurance from Nissay Dowa, and the application by Nissay Dowa to dispose the same shares to RHB Capital, pursuant to Section 67 of the Insurance Act 1996.

This announcement is dated 27 September 2010.


BJTOTO - General Announcement

Announcement Type: General Announcement
Company Name: BERJAYA SPORTS TOTO BERHAD
Stock Name: BJTOTO
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in securities of Berjaya Sports Toto Berhad ("the Company") outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealing in shares of the Company by Tan Sri Dato' Thong Yaw Hong, the Chairman of the Company as set out in the table below.


BJTOTO - NOTICE OF ANNUAL GENERAL MEETING

Announcement Type: General Announcement
Company Name: BERJAYA SPORTS TOTO BERHAD
Stock Name: BJTOTO
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: NOTICE OF ANNUAL GENERAL MEETING

Contents: Notice is hereby given that the Annual General Meeting ("AGM") of Berjaya Sports Toto Berhad will be held at Dewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, Off Jalan Damansara, 60000 Kuala Lumpur on Wednesday, 20 October 2010 at 10.00 a.m. The full context of the Notice of AGM is attached herewith for your attention.

Attachments: BToto-Notice.doc


ZELAN - General Announcement

Announcement Type: General Announcement
Company Name: ZELAN BERHAD
Stock Name: ZELAN
Date Announced: 27/09/2010

Announcement Detail:
Type: Announcement

Subject: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 1,103,700 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD

Contents: ZELAN BERHAD ("ZB" or the "Company")

DISPOSAL OF 1,103,700 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD

The Shareholders of the Company, at the Extraordinary General Meeting held on 7 September 2010, had approved the proposed disposal of 30.0 million shares in IJM Corporation Berhad ("IJM"). Pursuant to Paragraph 10.06 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), ZB wishes to announce that it had, on 23 September 2010 and 24 September 2010, further disposed a total of 1,103,700 ordinary shares of RM1.00 each in IJM (the "Sale Shares") in the open market at an average disposal price of RM5.12 per share for a total consideration of RM5,640,078.95(the "Disposal").


MFCB - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 27/09/2010

Announcement Detail:
Date of buy back from: 14/09/2010

Date of buy back to: 20/09/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 30,000

Minimum price paid for each share purchased ($$): 1.680

Maximum price paid for each share purchased ($$): 1.710

Total amount paid for shares purchased ($$): 51,564.50

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 30,000

Total number of shares retained in treasury (units): 12,977,400

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: MYR242,205,000 divided into 242,205,000 ordinary shares of MYR1.00 each

Date lodged with registrar of companies: 27/09/2010

Lodged by: Mega First Corporate Services Sdn Bhd

Remarks: This announcement is dated 27 September 2010.


MFCB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 27/09/2010

Announcement Detail:
Date of buy back: 27/09/2010

Description of shares purchased: Ordinary shares of MYR1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 35,000

Minimum price paid for each share purchased ($$): 1.750

Maximum price paid for each share purchased ($$): 1.760

Total consideration paid ($$): 61,999.72

Number of shares purchased retained in treasury (units): 35,000

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 13,012,400

Adjusted issued capital after cancellation (no. of shares) (units): 242,205,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.36

Remarks: This announcement is dated 27 September 2010.



No comments:

Post a Comment