September 10, 2010

Company announcements: PENERGY, TAGB, IPMUDA, MUHIBAH, BDB, VS, SCOMIMR, SILVER, HUATLAI

PENERGY - General Announcement

Announcement Type: General Announcement
Company Name: PETRA ENERGY BERHAD
Stock Name: PENERGY
Date Announced: 09/09/2010

Announcement Detail:
Type: Announcement

Subject: Kencana Bestwide Sdn Bhd (formerly known as Best Wide Matrix Sdn Bhd) ("KBSB") vs Petra Fabricators Sdn Bhd ("PFSB"); and PFSB's Counter-Claim

Contents: Please see announcement details below.


TAGB - General Announcement

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

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 9 September 2010.


IPMUDA - Subscription of additional shares in Ipmuda Bina Sdn Bhd

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

Announcement Detail:
Type: Announcement

Subject: Subscription of additional shares in Ipmuda Bina Sdn Bhd

Contents: Reference is made to the Company's previous announcement dated 05 April 2010 in relation to the Company's acquisition of 2 ordinary shares of RM1.00 each in Ipmuda Bina Sdn Bhd ("Ipmuda Bina") making it a wholly-owned subsidiary.

The Company wishes to announce that it has on 09 September 2010 subscribed for 209,998 new ordinary shares of RM1.00 each in the capital of Ipmuda Bina for a total cash consideration of RM209,998.00 only representing 70% of the enlarged share capital of Ipmuda Bina. The remaining 90,000 new ordinary shares representing 30% of the enlarged share capital of Ipmuda Bina has been subscribed by Circuit Resources Sdn Bhd.

The principal activity of Ipmuda Bina is civil engineering works and construction.

This announcement is dated 09 September 2010.


MUHIBAH - General Announcement

Announcement Type: General Announcement
Company Name: MUHIBBAH ENGINEERING (M) BHD
Stock Name: MUHIBAH
Date Announced: 09/09/2010

Announcement Detail:
Type: Announcement

Subject: Muhibbah Engineering (M) Bhd ("Muhibbah" or "the Company") Acceptance of Contract for the Design, Fabrication, Assembling, Commissioning, Delivery and Testing of Eight (8) units Rail Mounted Gantry Cranes.

Contents: INTRODUCTION

The Board of Directors of Muhibbah ("the Board") is pleased to announce that the Company has on 9 September 2010 accepted the contract awarded by Penang Port Sdn. Bhd. for the Design, Fabrication, Assembling, Commissioning, Delivery and Testing of Eight (8) units Rail Mounted Gantry Cranes ("the Contract") for a total contract sum of approximately RM56 Million.

DURATION OF CONTRACT

The Cranes will be delivered over a period of twenty six (26) months.

FINANCIAL EFFECTS

The Contract is expected to contribute positively to the earnings and net assets of Muhibbah Group for the current and future financial years.The Contract does not have any impact on the share capital and/or shareholding structure of Muhibbah.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

None of the Directors and/or major shareholders and persons connected to the Directors and/or major shareholders have any interest, direct or indirect, in the Contract.

DIRECTORS' STATEMENT

The Board, after considering all the relevant factors, is of the opinion that the Contract is in the best interest of Muhibbah Group.

This announcement is dated 9 September 2010.


BDB - General Announcement

Announcement Type: General Announcement
Company Name: BINA DARULAMAN BERHAD
Stock Name: BDB
Date Announced: 09/09/2010

Announcement Detail:
Type: Announcement

Subject: ALOR SETAR HIGH COURT
SUIT NO: 22-193-2009
HENG GHEE TIMBER ("HGT" OR "THE PLAINTIFF") V. BINA DARULAMAN BERHAD ("BDB" OR "THE DEFENDANT")

Contents: Further to our announcement dated 6th May 2010, the Board of Directors of Bina Darulaman Berhad (BDB) wishes to update Bursa Malaysia Securities Berhad "the Exchange" that the High Court of Alor Setar has fixed 22nd September 2010 for hearing BDB's Third Party Proceeding and also Case Management.


This announcement is dated 9th September 2010.


VS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: V.S. INDUSTRY BERHAD
Stock Name: VS
Date Announced: 09/09/2010

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

Description of shares purchased: Ordinary share of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 12,100

Minimum price paid for each share purchased ($$): 1.300

Maximum price paid for each share purchased ($$): 1.300

Total consideration paid ($$): 15,845.10

Number of shares purchased retained in treasury (units): 12,100

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

Cumulative net outstanding treasury shares as at to-date (units): 502,036

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 (%): 0.28


SCOMIMR - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: SCOMI MARINE BHD
Stock Name: SCOMIMR
Date Announced: 09/09/2010

Announcement Detail:
Type: Announcement

Subject: SCOMI MARINE BHD ("SMB")

(I) PROPOSED DISPOSALS BY:

(A) SCOMI MARINE SERVICES PTE LTD ("SMS"), A WHOLLY-OWNED SUBSIDIARY OF SMB, OF ITS ENTIRE EQUITY INTEREST IN CH LOGISTICS PTE LTD ("CHL"), CH SHIP MANAGEMENT PTE LTD, GOLDSHIP PRIVATE LIMITED AND CHL'S WHOLLY-OWNED SUBSIDIARY, NAMELY SEA MASTER PTE LTD; AND

(B) GRUNDTVIG MARINE PTE LTD ("GMPL"), A WHOLLY-OWNED SUBSIDIARY OF SMS, OF ITS ENTIRE EQUITY INTEREST IN PT BATUAH ABADI LINES,

TO PT. RIG TENDERS INDONESIA TBK ("PTRT"), A 80.54%-OWNED SUBSIDIARY OF SMS; AND

(II) PROPOSED RENUNCIATION BY SMS OF ITS ENTITLEMENT TO THE ORDINARY SHARES TO BE ISSUED BY PTRT UNDER THE PROPOSED RIGHTS ISSUE

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

Contents: (Unless otherwise stated, the definitions used in this announcement shall carry the same meanings as defined in the announcement dated 12 July 2010)

We refer to the announcement dated 12 July 2010 in relation to the Proposals ("Announcement").

As stated in the Announcement, SMS, GMPL, PTRT and Portside Offshore Inc. (collectively referred to as "Parties") shall use their best endeavours to execute the relevant definitive agreement(s) on or before the date falling 8 weeks from the date of the HOA.

It was also further stated in the Announcement that the HOA and its provisions shall be effective from the date of the HOA and shall continue in force for a period of 8 weeks from the date of the HOA or until the execution of the definitive agreement(s), whichever is earlier, or for such other time period as may be mutually agreed upon between the Parties.

On behalf of the Board of Directors of SMB, Maybank Investment Bank Berhad wishes to announce that the Parties are currently negotiating to extend the time period for the execution of the definitive agreement(s).

An announcement on the extension of the time period for the execution of the definitive agreement(s) will be made in due course.

This announcement is dated 9 September 2010.


SILVER - SILVER- EXERCISE OF 2,011,555 WARRANTS 2005/2010 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: SILVER BIRD GROUP BERHAD
Stock Name: SILVER
Date Announced: 09/09/2010

Announcement Detail:
Subject: SILVER- EXERCISE OF 2,011,555 WARRANTS 2005/2010 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 2,011,555 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 14 September 2010.


HUATLAI - HUATLAI- EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 09/09/2010

Announcement Detail:
Subject: HUATLAI- EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 530,000 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 14 September 2010.


HUATLAI - General Announcement

Announcement Type: General Announcement
Company Name: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 09/09/2010

Announcement Detail:
Type: Announcement

Subject: HUAT LAI RESOURCES BERHAD ("HLRB" or "the Company")
-EXTENSION OF EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

Contents: Huat Lai Resources Berhad ("HLRB" or "the Company") wish to announce that in accordance with By-Law 22.2 of the Company's Employees' Share Option Scheme ("ESOS") By-Laws, the Board of Directors has resolved to extend the existing 5-year ESOS which is expiring on 30 November 2010 for a further period of 5 years to expire on 30 November 2015 after which all unexercised options shall lapse.

The extended ESOS will continue to be implemented in accordance with the terms of the existing By-Laws of the ESOS save for any amendments and/or changes to the relevant statutes, guidelines and/or regulations currently in force.



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