September 29, 2010

Company announcements: KENCANA, TAGB-PA, KIMLUN, HDBS, PUNCAK, UBG, DIGI

KENCANA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: KENCANA PETROLEUM BERHAD
Stock Name: KENCANA
Date Announced: 29/09/2010

Announcement Detail:
Date of change: 29/09/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Tunku Dato' Mahmood Fawzy Bin Tunku Muhiyiddin

Age: 52

Nationality: Malaysian

Qualifications: BA (Hons) Business Studies, Polytechnic of Central London;
Masters Degree in Business Administration, University of Warwick;
Diploma in Marketing, Chartered Institute of Marketing (UK);
Member of Malaysian Institute of Management; and
Member of Malaysian Institute of Corporate Governance

Working experience and occupation: Tunku Dato' Mahmood Fawzy started out as a foreign exchange analyst with NCR UK Limited and then moved to Svenska Handelsbanken, London as a Risk Analyst. He then joined Shell Malaysia Trading Sdn Bhd in 1990 and thereafter was cross posted to Shell New Zealand Limited in 1991. In 1997, he joined an investment holding company, Wira Security Holdings Sdn Bhd as Executive Director and later moved to Tajo Bhd as Chief Executive Officer.

In 2000, Tunku Dato' Mahmood Fawzy joined PricewaterhouseCoopers as Executive Director and in 2002, he was appointed Managing Director and Chief Executive Officer of Engen Limited, an integrated oil company in South Africa, a subsidiary of Petroliam Nasional Berhad (Petronas).

He was appointed as Non-Executive Director of Energy Africa Limited until January 2004 and was a member of the Board of Governors of the South African Petroleum Industry Association (SAPIA). Tunku Dato' Mahmood Fawzy left Engen in June 2005 and thereafter became the Chief Executive Officer of a shipping company until December, 2006.

He joined Khazanah Nasional Berhad in May 2007 and retired as Executive Director, Investments in May 2010. He was previously on the board of Ethos Capital One Sdn Bhd and on the LP Advisory Committee (LPAC) of Ancora Opportunities Fund (Indonesia) and stepped off both the board and the LPAC as he retired from Khazanah Nasional Berhad.

Directorship of public companies (if any): Pos Malaysia Berhad
Telekom Malaysia Berhad

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil

Composition of Audit Committee (Name and Directorate of members after change): Mohd Adzahar Bin Abdul Wahid (Chairman - Independent Non-Executive Director)
Tan Sri Nik Mohamed Bin Nik Yaacob (Member - Independent Non-Executive Chairman)
Syed Zaid Bin Syed Jaffar Albar (Member - Independent Non-Executive Director)
Tunku Dato' Mahmood Fawzy Bin Tunku Muhiyiddin (Member - Independent Non-Executive Director)


TAGB-PA - General Announcement

Announcement Type: General Announcement
Company Name: TA GLOBAL BERHAD
Stock Name: TAGB-PA
Date Announced: 29/09/2010

Announcement Detail:
Type: Announcement

Subject: DIRECTOR'S DISCLOSURE OF DEALING IN SECURITIES PURSUANT TO CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS")

Contents: Pursuant to Paragraph 14.09 of the Listing Requirements, TA Global Berhad wishes to announce that the Company Secretary had received notification from Datuk Tiah Thee Kian, Executive Chairman of the Company in relation to his dealings in securities of the Company. Details are set out in the table section below.

This announcement is dated 29 September 2010.


KIMLUN - Award of Contract

Announcement Type: General Announcement
Company Name: KIMLUN CORPORATION BERHAD
Stock Name: KIMLUN
Date Announced: 29/09/2010

Announcement Detail:
Type: Announcement

Subject: Award of Contract

Contents: The Board of Directors of Kimlun Corporation Berhad ("KIMLUN or the Company") is pleased to announce that its wholly-owned subsidiary, Kimlun Sdn Bhd ("KLSB") had on 28 September 2010, received the letter of award from MRCB Engineering Sdn Bhd, a wholly owned subsidiary of Malaysian Resources Corporation Berhad for the Construction of Main Building Works for Marlborough College East in Mukim Pulai, Iskandar Malaysia, Johor. The contract sum for the Project is Ringgit Malaysia Sixty Nine Million Nine Hundred Ninety Six Thousand Seven Hundred Ninety Five and Cents Fifty Three Only (RM69,996,795.53).

The scope of works comprises of building construction works for the college. The works are expected to be completed by January 2012.

The contract is expected to contribute positively to the earnings and net assets of KIMLUN Group for the financial years ending 2010 to 2012.

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the above contract.

This announcement is dated 29 September 2010.


HDBS - Provision of Financial Assistance

Announcement Type: General Announcement
Company Name: HWANG-DBS (MALAYSIA) BERHAD
Stock Name: HDBS
Date Announced: 29/09/2010

Announcement Detail:
Type: Announcement

Subject: Provision of Financial Assistance

Contents: Pursuant to Paragraph 8.23(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and paragraph 3 of the Practice Note 11, Hwang-DBS (Malaysia) Berhad ("Hwang-DBS") wishes to announce the following financial assistance rendered during the quarter ended 31 July 2010:

(a) Secured and unsecured loans amounting to RM8,823,418 and RM26,357,300 respectively were granted to third parties by its wholly-owned subsidiaries in their ordinary course of business.

(b) Downpayment made to a vendor by a wholly-owned subsidiary amounting to RM20,000 for customisation and modification of software.

The financial assistance granted above amounting to RM35,200,718 has no significant impact on the net assets and earnings per share of Hwang-DBS Group.

The information required pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad for the financial year ended 31 July 2010 is attached below.

Attachments: HDBS_Q410.pdf


HDBS - Quarterly rpt on consolidated results for the financial period ended 31/7/2010

Announcement Type: Financial Results
Company Name: HWANG-DBS (MALAYSIA) BERHAD
Stock Name: HDBS
Date Announced: 29/09/2010

Announcement Detail:
Financial Year End: 31/07/2010

Quarter: 4

Quarterly report for the financial period ended: 31/07/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


PUNCAK - General Announcement

Announcement Type: General Announcement
Company Name: PUNCAK NIAGA HOLDINGS BERHAD
Stock Name: PUNCAK
Date Announced: 29/09/2010

Announcement Detail:
Type: Announcement

Subject: PUNCAK NIAGA HOLDINGS BERHAD (416087-U)("PUNCAK" OR THE "COMPANY")
Kuala Lumpur High Court Suit No. D4-22-1452-2006 Between JAKS-KDEB Consortium Sdn Bhd ("Plaintiff")-V-
1. Perbadanan Urus Air Selangor Berhad ("PUAS Berhad")(1st Defendant)
2. Syarikat Bekalan Air Selangor Sdn Bhd ("SYABAS") (2nd Defendant)
3. Kerajaan Negeri Selangor Darul Ehsan (3rd Defendant)
(hereinafter referred to as the "Suit")

Contents: Reference is made to the Company's earlier announcements dated 20 October 2006, 7 November 2006, 17 November 2006, 20 November 2006, 22 November 2006, 15 January 2007, 13 February 2007, 22 March 2007, 4 April 2007, 14 June 2007, 20 August 2007, 21 August 2007, 3 October 2007, 6 December 2007, 27 February 2008, 21 May 2008, 15 July 2008, 7 August 2008, 19 November 2008, 17 December 2008, 14 January 2009, 23 January 2009, 9 April 2009, 20 May 2009, 6 July 2009, 7 July 2009, 22 July 2009, 11 August 2009, 8 October 2009, 2 November 2009, 13 November 2009, 18 November 2009, 12 January 2010, 25 March 2010, 5 April 2010, 10 May 2010, 4 June 2010 and 4 August 2010 in relation to the Suit.

The Company would like to update the Exchange that at the Case Management held today, the Kuala Lumpur High Court had adjourned the matter for further Case Management on 12 October 2010 and the trial is tentatively fixed on 16 October 2010 and 17 October 2010 subject to re-confirmation at the next Case Management date.

This announcement is dated 29 September 2010.


PUNCAK - General Announcement

Announcement Type: General Announcement
Company Name: PUNCAK NIAGA HOLDINGS BERHAD
Stock Name: PUNCAK
Date Announced: 29/09/2010

Announcement Detail:
Type: Announcement

Subject: PUNCAK NIAGA HOLDINGS BERHAD (416087-U)("PUNCAK" OR THE "COMPANY")
KUALA LUMPUR HIGH COURT CIVIL SUIT NO. D-22NCC-398-2009 SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD ("SPLASH") v SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") (THE "SUIT")

Contents: Reference is made to the Company's earlier announcements dated 19 November 2009, 25 November 2009, 7 January 2010, 27 January 2010, 22 February 2010, 25 March 2010, 15 April 2010, 3 May 2010, 8 June 2010, 5 August 2010, 13 August 2010 and 20 August 2010 in relation to the Suit.

The Company would like to update the Exchange that the Kuala Lumpur High Court had postponed the hearing for SPLASH's application under Order 33 Rule 2 for the court to determine preliminary issues on the construction of the proportionate payment clauses in the Novation Agreement with SYABAS, to 29 October 2010 whilst SYABAS' application to reamend the Amended Defence was allowed with costs.

This announcement is dated 29 September 2010.


UBG - General Announcement

Announcement Type: General Announcement
Company Name: UBG BERHAD
Stock Name: UBG
Date Announced: 29/09/2010

Announcement Detail:
Type: Announcement

Subject: UBG BERHAD ("UBG" OR "COMPANY" OR "THE OFFEREE")

RECEIPT OF NOTICE OF MANDATORY TAKE-OVER OFFER FROM AMINVESTMENT BANK BERHAD ("AMINVESTMENT BANK") ON BEHALF OF JAVACE SDN BHD ("JSB" OR "OFFEROR") AND SHEIKH TAREK ESSAM AHMAD OBAID ("ULTIMATE OFFEROR")

Contents: The Board of Directors ("Board") of UBG wishes to announce that UBG has on 29 September 2010 received a Notice of Mandatory Take-Over Offer ("Offer") from JSB being a wholly-owned subsidiary of PetroSaudi International Ltd., Seychelles and the Ultimate Offeror through AmInvestment Bank to acquire all the voting shares in UBG which are not already owned by the Offeror and parties acting in concert with it ("Offer Shares") for a cash offer price of RM2.50 per Offer Share.

With regards thereto, the Board of UBG is not considering seeking any alternative person to make a take-over offer for the Offer Shares.

In accordance with the Malaysian Code on Take-Overs and Mergers 1998 ("Code"), the Board of UBG will appoint an Independent Adviser to advise the Directors and holders of the Offer Shares on the Offer. The appointment of the Independent Adviser is subject to the approval of the Securities Commission in accordance with Part IV Section 15(8) of the Code.

The Directors of the Company will inform holders of the Offer Shares of their recommendation on the Offer within ten (10) days from the posting of the offer document.

The Notice is attached with this Announcement. The Notice will be posted to shareholders of the Company within seven (7) days from the date of receipt of the Notice.

This announcement is dated 29 September 2010.

Attachments: UBG-Notice of Takeover.pdf


DIGI - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: DIGI.COM BERHAD
Stock Name: DIGI
Date Announced: 29/09/2010

Announcement Detail:
Date of change: 29/09/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Non Independent & Non Executive

Name: Mr Jan Edvard Thygesen

Age: 59

Nationality: Norwegian

Qualifications: Master in Science in Electrical Engineering and Telecommunications from the Norwegian Institute of Technology

Working experience and occupation: Mr Thygesen is the Executive Vice President in Telenor ASA and Head of Operations in Central and Eastern Europe.

He has served as Executive Vice President of Telenor ASA since 1999. Since January 2006, he has served as Head of Telenor's Central and Eastern European operations. Since joining Telenor in 1970, Mr Thygesen has held various positions, including Chief Executive Officer of Sonofon, Executive Vice President and General Manager of Telenor Nordic Mobile, Executive Vice President of Telenor Mobil AS, President of Telenor Invest AS, Executive Vice President of Telenor Bedrift AS and President of Telenor Nett AS. He has also served as President of Esat Digifone, Ireland.

He is presently serving as Chairman of the Board in Telenor Hungary, Telenor Montenegro, Kyivstar in Ukraine, and in Telenor Serbia, in addition to being a Board member of VimpelCom Ltd. (Amsterdam), Uninor (India) and various other Boards in Telenor Group.

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Composition of Audit Committee (Name and Directorate of members after change): 1. Dato' Ab. Halim Bin Mohyiddin (Chairman) (Independent Non-Executive Director)
2. Tan Sri Leo Moggie (Independent Non-Executive Director)
3. Mr Jan Edvard Thygesen (Non-Independent Non-Executive Director)

Remarks: Mr Jan Edvard Thygesen is appointed as a member of the Audit Committee member in place of Mr Eirik Boerve Monsen who resigned on 29 September 2010.


DIGI - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: DIGI.COM BERHAD
Stock Name: DIGI
Date Announced: 29/09/2010

Announcement Detail:
Date of change: 29/09/2010

Type of change: Appointment

Designation: Alternate Director

Directorate: Non Independent & Non Executive

Name: Mr Jan Edvard Thygesen

Age: 59

Nationality: Norwegian

Qualifications: Master in Science in Electrical Engineering and Telecommunications from the Norwegian Institute of Technology

Working experience and occupation: Mr Thygesen is the Executive Vice President in Telenor ASA and Head of Operations in Central and Eastern Europe.

He has served as Executive Vice President of Telenor ASA since 1999. Since January 2006, he has served as Head of Telenor's Central and Eastern European operations. Since joining Telenor in 1970, Mr Thygesen has held various positions, including Chief Executive Officer of Sonofon, Executive Vice President and General Manager of Telenor Nordic Mobile, Executive Vice President of Telenor Mobil AS, President of Telenor Invest AS, Executive Vice President of Telenor Bedrift AS and President of Telenor Nett AS. He has also served as President of Esat Digifone, Ireland.

He is presently serving as Chairman of the Board in Telenor Hungary, Telenor Montenegro, Kyivstar in Ukraine, and in Telenor Serbia, in addition to being a Board member of VimpelCom Ltd. (Amsterdam), Uninor (India) and various other Boards in Telenor Group.

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Remarks: Mr Jan Edvard Thygesen is appointed as an Alternate Director to Mr Sigve Brekke on 29 September 2010 to replace Mr Hakon Bruaset Kjol who resigned as Alternate Director to Mr Sigve Brekke on the same date.

Mr Hakon Bruaset Kjol's position as Director remains unchanged.



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