September 21, 2010

Company announcements: KENMARK, WZSTEEL, HANDAL, FPI, GADANG, SEG

KENMARK - General Announcement

Announcement Type: General Announcement
Company Name: KENMARK INDUSTRIAL CO. (M) BERHAD
Stock Name: KENMARK
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: Kenmark Industrial Co. (M) Berhad (Under Provisional Liquidation By Court) ("Kenmark" or the "the Company")
- Summons and Statement of Claims from Federal Express Services (M) Sdn Bhd to the Company

Contents: The Company has on 21 September 2010 been served with a Summons and Statement of Claim by Federal Express Services (M) Sdn Bhd for the total outstanding invoices of RM35,329.16 for the services rendered to the Company.

However, pursuant to Section 226(3) of the Companies Act, 1965, the above can only proceed by leave of the Court and in accordance with such terms as the Court imposes.

This announcement is dated 21 September 2010.


WZSTEEL - General Announcement

Announcement Type: General Announcement
Company Name: WZ STEEL BERHAD
Stock Name: WZSTEEL
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: WZ Steel Berhad ("WZ Steel" or "the Company")
- Proposed Renewal of Authority for the Purchase of own Ordinary Shares

Contents: The Board of Directors of WZ Steel wishes to announce that the Company intends to seek its shareholders' approval for the Proposed Renewal of Share Buy-Back Authority at its forthcoming Sixth Annual General Meeting to be convened.

A Circular to Shareholders containing details of the Proposed Renewal of Share Buy-Back Authority will be issued to the shareholders of the Company in due course.

This announcement is dated 21 September 2010.


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

Announcement Type: Financial Results
Company Name: WZ STEEL BERHAD
Stock Name: WZSTEEL
Date Announced: 21/09/2010

Announcement Detail:
Financial Year End: 30/04/2011

Quarter: 1

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

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


HANDAL - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: HANDAL RESOURCES BERHAD
Stock Name: HANDAL
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: HANDAL RESOURCES BERHAD ("HANDAL" OR THE "COMPANY")

(I) PROPOSED RIGHTS ISSUE;
(II) PROPOSED BONUS ISSUE;
(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(IV) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 60,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN HANDAL ("RIGHTS SHARE(S)") TOGETHER WITH 60,000,000 NEW FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF TWO (2) RIGHTS SHARES AND TWO (2) FREE WARRANTS FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.50 EACH IN HANDAL ("HANDAL SHARE(S)") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE");

(II) PROPOSED BONUS ISSUE OF 20,000,000 HANDAL SHARES ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED ("PROPOSED BONUS ISSUE");

(III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM50,000,000 COMPRISING 100,000,000 HANDAL SHARES TO RM250,000,000 COMPRISING 500,000,000 HANDAL SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND

(IV) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY ("PROPOSED AMENDMENTS")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Attachments: Handal - Announcement (21 September 2010).pdf


FPI - General Announcement

Announcement Type: General Announcement
Company Name: FORMOSA PROSONIC INDUSTRIES BERHAD
Stock Name: FPI
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: FORMOSA PROSONIC INDUSTRIES BERHAD ("FPI" or "COMPANY")
ACQUISITON OF SHARES IN ACOUSTECH BERHAD BY FORMOSA PROSONIC MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Contents: The Board of Directors of FPI wishes to announce that Formosa Prosonic Manufacturing Sdn Bhd, a wholly-owned subsidiary of FPI, had on 17 September 2010 acquired additional 3,746,560 ordinary shares of RM0.50 each in Acoustech Berhad from Formosa Prosonic Holdings Sdn Bhd via a married deal.

Kindly refer to the attachment for further details.

This announcement is dated 21 September 2010.

Attachments: Ann-FPM Acquire Shares in ACOS (2).doc


GADANG - General Announcement

Announcement Type: General Announcement
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: Execution of a Supplemental Agreement to the Share Sale Agreement dated 11 August 2009 between Flora Masyhur Sdn Bhd ("FMSB"), an indirect wholly-owned subsidiary of Gadang Holdings Berhad ("the Company") and Raja Zainal Abidin Bin Raja Hussin in relation to the proposed acquisition of 70% equity interest in Camar Ajaib Sdn Bhd.

Contents: Further to the announcement dated 11 August 2009 in relation to FMSB's proposed acquisition of 70% equity interest in the issued and paid-up share capital of Camar Ajaib Sdn Bhd ("CASB") for a purchase consideration of RM200,000 ("Proposed Acquisition"), the Company wishes to announce that FMSB has on 21 September 2010 entered into a Supplemental Agreement to the Share Sale Agreement dated 11 August 2009.

Pursuant to the Supplemental Agreement, the parties mutually agreed to modify, amend and/or vary the terms of the Share Sale Agreement dated 11 August 2009 to incorporate the following:-

1. The supplemental agreement to the joint venture agreement which was entered into between Ridwan Bin Wahi ("the Landowner"), the registered owner of all that freehold land held under HS(D) 2811 PT 165 Bandar Pokok Sena Negeri Kedah Darul Aman measuring approximately 81.6454 hectares (approximately 201.746 acres) ("the said Land") and CASB on 11 June 2010, to accomodate the purchase of the said Land by CASB from the Landowner; and

2) The sale and purchase agreement which was entered into between CASB and the Landowner on 11 June 2010 whereby the Landowner had agreed to sell and CASB had agreed to purchase the said Land on such terms and conditions as appearing therein.

The Supplemental Agreement is available for inspection at the registered office at Wisma Gadang, No. 52 Jalan Tago 2, Off Jalan Persiaran Utama, Sri Damansara, 52200 Kuala Lumpur during normal hours from Mondays to Fridays (except public holidays) for a period of thirty (30) days from the date of this announcement.


SEG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 21/09/2010

Announcement Detail:
Date of buy back: 21/09/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 431,900

Minimum price paid for each share purchased ($$): 2.290

Maximum price paid for each share purchased ($$): 2.360

Total consideration paid ($$): 1,012,447.84

Number of shares purchased retained in treasury (units): 431,900

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

Cumulative net outstanding treasury shares as at to-date (units): 3,203,600

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 (%): 1.28

Remarks: This announcement is dated 21 September 2010



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