September 1, 2010

Company announcements: KENMARK, AMTEK, SUCCESS, SATANG, TIENWAH

KENMARK - General Announcement

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/09/2010

Announcement Detail:
Type: Announcement

Subject: Kenmark Industrial Co. (M) Berhad (Under Provisional Liquidation By Court) (the "Company")
- Delay in the issuance of quarterly report

Contents: Further to the announcement dated 26 August 2010, the Directors wish to inform that the application for the extension of time to issue first quarter financial results ended 30 June 2010 ("Q1 2011 results") will not be applied.

The reason for the failing to issue the outstanding Q1 2011 results within the Relevant Timeframe is because the Directors are unable to obtain the financial information from overseas subsidiaries for consolidation as the overseas offices have ceased to operate after the May 2010 incident.

The Company has been suspended since 9 August 2010 when the Company has failed to submit its Audited Financial Statements for the financial year ended 31 March 2010 to Bursa Securities for public release within the stipulated timeframe.

Due to the above reason, the Directors are unable to advise on the date of the issuance of Q1 2011 results.

This announcement is dated 1 September 2010.


KENMARK - General Announcement

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/09/2010

Announcement Detail:
Type: Announcement

Subject: Kenmark Industrial Co. (M) Berhad (Under Provisional Liquidation By Court) (the "Company")
�?� PRACTICE NOTE 17 ("PN 17")
�?� MONTHLY ANNOUNCEMENT ON THE STATUS OF PLANS TO REGULARISE THE COMPANY'S FINANCIAL CONDITION

Contents: We refer to the announcement dated 1 July 2010 and 2 August 2010 ("Announcements"). For consistency purposes, abbreviations used in this announcement are the same as the previously defined in the Announcements, where applicable.

The Directors wish to announce that the appointed advisor, Ferrier Hodgson MH Sdn Bhd is still in the midst of assessing, formulating and implementing an appropriate restructuring scheme to turnaround its business operations and financial position and shall announce the Regularisation Plan to Bursa Malaysia Securities Berhad in due course.

The above reply is made on the collective approval of the Malaysian Directors of the Kenmark only, namely Dato' Abd Gani bin Yusof, Mr Ho Soo Woon, En Ahmed Azhar bin Abdullah and Mr Woon Wai En.

This announcement is dated 1 September 2010.


KENMARK - General Announcement

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 01/09/2010

Announcement Detail:
Type: Announcement

Subject: Kenmark Industrial Co. (M) Berhad (Under Provisional Liquidation By Court) (the "Company")
- MONTHLY ANNOUNCEMENT ON THE DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE NO. 1 ("PN1")

Contents: We refer to the announcement dated 1 July 2010 and 2 August 2010 ("Announcements"). For consistency purposes, abbreviations used in this announcement are the same as the previously defined in the Announcements, where applicable.

The Directors wish to announce that the appointed advisor, Ferrier Hodgson MH Sdn Bhd is still in the midst of assessing, formulating and implementing an appropriate restructuring scheme to turnaround its business operations and financial position and shall announce the Regularisation Plan to Bursa Malaysia Securities Berhad in due course.

The above reply is made on the collective approval of the Malaysian Directors of the Kenmark only, namely Dato' Abd Gani bin Yusof, Mr Ho Soo Woon, En Ahmed Azhar bin Abdullah and Mr Woon Wai En.

This announcement is dated 1 September 2010.


AMTEK - General Announcement

Announcement Type: General Announcement
Company Name: AMTEK HOLDINGS BERHAD
Stock Name: AMTEK
Date Announced: 01/09/2010

Announcement Detail:
Type: Announcement

Subject: AMTEK HOLDINGS BERHAD ("AHB" OR "COMPANY)
THE ARTICLES APPEARING IN THE MALAYSIAN RESERVE ON 1 SEPTEMBER 2010

Contents: We refer to the articles appearing in The Malaysian Reserve on 1 September 2010, the Company wish to clarify further that the after tax profit of RM2.0 million for the financial year ending 30 June 2011 as stated in the articles was in perspective of the internal growth target set by the Company taking into consideration amongst others, boosted by better merchandising, stock management, advertising and promotional activities conducted by its apparel and shoes division.

This announcement is dated 1 September 2010.


SUCCESS - Notice of Shares Buy Back - Immediate Announcement (Amended Announcement)

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 01/09/2010

Announcement Detail:
Date of buy back: 27/08/2010

Description of shares purchased: Ordinary shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 27,000

Minimum price paid for each share purchased ($$): 1.160

Maximum price paid for each share purchased ($$): 1.180

Total consideration paid ($$): 31,438.80

Number of shares purchased retained in treasury (units): 27,000

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

Cumulative net outstanding treasury shares as at to-date (units): 6,940,900

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 (%): 5.78

Remarks: The date of the Annual General Meeting of the Company should be 23/06/2010 instead of 30/06/2010 as stated in the earlier announcement.


SUCCESS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 01/09/2010

Announcement Detail:
Date of buy back: 01/09/2010

Description of shares purchased: Ordinary shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 28,100

Minimum price paid for each share purchased ($$): 1.160

Maximum price paid for each share purchased ($$): 1.180

Total consideration paid ($$): 32,795.51

Number of shares purchased retained in treasury (units): 28,100

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

Cumulative net outstanding treasury shares as at to-date (units): 6,996,000

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 (%): 5.83


SATANG - General Announcement

Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 01/09/2010

Announcement Detail:
Type: Announcement

Subject: Satang Holdings Berhad ("Satang" or "the Company") - Monthly Announcement on Status of Plan to Regularise Condition Pursuant to Amended Practice Note No. 17/2005 ("PN17")

Contents: Reference is made to the Company's announcements dated 7 May 2008 ("First Announcement"), 2 June 2008, 1 July 2008, 1 August 2008, 2 September 2008, 3 October 2008, 7 October 2008, 3 November 2008, 1 December 2008, 22 December 2008, 6 January 2009, 7 January 2009, 15 January 2009, 3 February 2009, 2 March 2009, 24 March 2009, 1 April 2009, 2 April 2009, 23 April 2009, 6 May 2009, 1 June 2009, 22 June 2009, 1 July 2009, 2 July 2009, 3 July 2009, 6 July 2009, 7 July 2009, 17 July 2009, 3 August 2009, 1 September 2009, 7 September 2009, 27 October 2009, 30 October 2009, 2 November 2009, 16 November 2009, 1 December 2009, 5 January 2010, 2 February 2010, 1 March 2010, 1 April 2010, 28 April 2010, 3 May 2010, 1 June 2010, 1 July 2010 and 2 August 2010, respectively.

The Board of Directors wishes to announce that the revised listing application which has been previously submitted to Bursa Malaysia Securities Berhad ("Bursa Securities") on 6 May 2010, is still pending for Bursa Securities' approval. In addition, the Company is currently in the midst of replying to the queries raised by Bursa Securities and have been delayed in their response due to the following reasons:-

1. Based on the Bursa Securities' queries, Satang is to undertake to appoint a reputable independent audit firm to review the internal controls of Satang. In this regard, the Satang management and Board of Directors of Satang have taken a longer time than anticipated to consider the evaluation and selection process for the appointment of an internal auditor; and

2. The Satang management was recently short-handed in their staff resources which had affected a quick response to Bursa Securities' queries.

This announcement is dated 2 September 2010.


TIENWAH - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: TIEN WAH PRESS HOLDINGS BERHAD
Stock Name: TIENWAH
Date Announced: 01/09/2010

Announcement Detail:
Date of change: 31/08/2010

Type of change: Resignation

Designation: Executive Director

Directorate: Executive

Name: Stanley Mark Mitchell

Age: 58

Nationality: Australian

Qualifications: Not Applicable

Working experience and occupation: Not Applicable

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


TIENWAH - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: TIEN WAH PRESS HOLDINGS BERHAD
Stock Name: TIENWAH
Date Announced: 01/09/2010

Announcement Detail:
Date of change: 01/09/2010

Type of change: Redesignation

Previous Position: Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Tengku Tan Sri Mahaleel Bin Tengku Ariff

Age: 64

Nationality: Malaysian

Qualifications: Tengku Tan Sri Mahaleel Bin Tengku Ariff ("Tengku Tan Sri Mahaleel") graduated with B.A. (Hons) from the University of Malaya in 1970 and has attended courses from Harvard, London School of Economics & Manchester Business School on Strategy, Strategic Management and Marketing.

Working experience and occupation: He has a very diverse career background spanning a period of over 40 years. He first started his career in Nestl��� in the Marketing and Sales Department before joining Shell Malaysia in 1974 for 20 years. He then left Shell Malaysia to join New Toyo, Mofaz and Proton. Over the years, he has gained experience in various industries, including fast moving consumer goods, food, paper packaging, cigarettes distribution, oil, marine, aviation and automotive. He was Malaysia's representative in the Asia Pacific Economic Council and Asean Business Advisory Council. He is currently a visiting Professor in the School of Management in University Sains Malaysia and is a member of London Business School's Regional Advisory Board.

Directorship of public companies (if any): Nestl��� Malaysia Berhad

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


TIENWAH - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: TIEN WAH PRESS HOLDINGS BERHAD
Stock Name: TIENWAH
Date Announced: 01/09/2010

Announcement Detail:
Date of change: 01/09/2010

Type of change: Appointment

Designation: Chief Executive Officer

Directorate: Executive

Name: Yen Wen Hwa

Age: 62

Nationality: Singaporean

Qualifications: High School

Working experience and occupation: Yen Wen Hwa ("Mr Yen") is the founder of the New Toyo Group and Chairman of the Board of New Toyo International Holdings Ltd ("NTIH"). Mr Yen has over 40 years of experience in the paper conversion and packaging industry.

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: Father of Mr Yen Gary, Non-Independent and Non-Executive Director of the Company

Any conflict of interests that he/she has with the listed issuer: Deemed interested by virtue of his shareholdings in Yen & Son Holdings Pte Ltd and NTIH pursuant to Section 6A of Companies Act, 1965 ("the Act"). Yen & Son Holdings Pte Ltd is a major shareholder of Tien Wah Press Holdings Berhad ("TWPH") and NTIH is the ultimate holding Company of TWPH.

Details of any interest in the securities of the listed issuer or its subsidiaries: Deemed interested in TWPH - 37,139,400 (53.88%) Ordinary Shares of RM1.00 each

Remarks: Mr Yen is appointed as an Executive Director and Chief Executive Officer of the Company.



No comments:

Post a Comment