October 14, 2010

Company announcements: EBWORX, K1, FBMKLCI-EA, MFCB, MEDIA, MBMR, KASSETS, JPK, PJI, JADI

EBWORX - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: EBWORX BERHAD (ACE Market)
Stock Name: EBWORX
Date Announced: 14/10/2010

Announcement Detail:
Date of buy back: 14/10/2010

Description of shares purchased: Ordinary shares of RM0.10 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 126,000

Minimum price paid for each share purchased ($$): 0.390

Maximum price paid for each share purchased ($$): 0.395

Total consideration paid ($$): 49,518.00

Number of shares purchased retained in treasury (units): 126,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,488,300

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.68


K1 - CONTRACT MANUFACTURING AWARD BY DIVERSEY, INC., USA ("DIVERSEY")

Announcement Type: General Announcement
Company Name: K-ONE TECHNOLOGY BERHAD (ACE Market)
Stock Name: K1
Date Announced: 14/10/2010

Announcement Detail:
Type: Announcement

Subject: CONTRACT MANUFACTURING AWARD BY DIVERSEY, INC., USA ("DIVERSEY")

Contents: 1. INTRODUCTION

The Board of Directors of K-One Tech wishes to announce that on 14 October 2010, K-One Tech has entered into a Master Purchase Agreement with Diversey to manufacture Diversey's Non-Chemicals category equipment for industrial cleaning application.


2. INFORMATION OF DIVERSEY

Diversey is a US global conglomerate based in Wisconsin, USA with sales turnover of approximately USD 3 billion as reported in its financial statements dated 31 December 2009. Diversey is a leading global provider of commercial cleaning and hygiene products and solutions for food safety, food and beverage hygiene, floor care, housekeeping and room care, laundry, hand hygiene and industrial cleaning. Additionally, Diversey has a wide range of value-added services, including safety and application training, consulting, and hygiene auditing. Diversey has a market presence in over 160 countries, servicing institutional and industrial end-users such as food service providers, lodging establishments, food and beverage processing plants, building service contractors, retail outlets and health-care facilities.


3. DETAILS OF CONTRACT AWARDED

The contract awarded to K-One Tech is for a period of 3 years to manufacture Diversey's products including the floor care machines, dosing and dispensing equipment.

Amongst others, the contents of the contracts also specify various terms and conditions of purchase including price model in relation to volume of orders and method as to how to mitigate fluctuation of the US dollar.


4. FINANCIAL EFFECT

Based on Diversey's forecast the total contract awarded is valued approximately RM20 million per year, spanning over the next 3 years; i.e. approximately total value of RM60 million.

The Contract is not expected to have any material effect on the net assets per share, gearing, share capital and substantial shareholders' shareholdings of K-One Tech for the financial year ending 31 December 2010.


5. DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTEREST

None of the Directors, Substantial Shareholders of the company and persons connected to them has any interest, direct or indirect, in the contract awarded.


6. APPROVAL REQUIRED

The contract entered into does not require approval of the company's shareholder and /or any regulatory authorities.


7. STATEMENT BY BOARD OF DIRECTORS

The Board of Directors of K-One Tech is of the opinion that the contract entered into is in the ordinary of K-One Tech's business and is in the best interest of K-One Tech and its shareholders.

This announcement is dated 14 October 2010.


FBMKLCI-EA - FBM KLCI etf - Valuation Point as at 14 October 2010

Announcement Type: General Announcement
Company Name: FTSE BURSA MALAYSIA KLCI ETF
Stock Name: FBMKLCI-EA
Date Announced: 14/10/2010

Announcement Detail:
Type: Announcement

Subject: FBM KLCI etf - Valuation Point as at 14 October 2010

Contents: Fund: FBM KLCI etf
NAV per unit (RM): 1.5048
Units in circulation (units): 3,344,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,496.38

Attachments: FBM KLCI etf 20101014.xls


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: 14/10/2010

Announcement Detail:
Date of buy back: 14/10/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 20,000

Minimum price paid for each share purchased ($$): 1.780

Maximum price paid for each share purchased ($$): 1.830

Total consideration paid ($$): 36,434.88

Number of shares purchased retained in treasury (units): 20,000

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

Cumulative net outstanding treasury shares as at to-date (units): 13,037,400

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 (%): 5.38

Remarks: This announcement is dated 14 October 2010.


MEDIA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: MEDIA PRIMA BERHAD
Stock Name: MEDIA
Date Announced: 14/10/2010

Announcement Detail:
Type: Announcement

Subject: MEDIA PRIMA BERHAD ("MPB")

UNCONDITIONAL TAKE-OVER OFFER BY MPB TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD NOT ALREADY OWNED BY MPB ("OFFER")

Contents: Reference is made to the announcement dated 1 June 2010 in relation to the Offer.

On behalf of MPB, CIMB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad had, via its letter dated 13 October 2010 (which was received on 14 October 2010), granted MPB an extension of time until 4 January 2011 to complete the implementation of the Offer.


This announcement is dated 14 October 2010.


MBMR - General Announcement

Announcement Type: General Announcement
Company Name: MBM RESOURCES BHD
Stock Name: MBMR
Date Announced: 14/10/2010

Announcement Detail:
Type: Announcement

Subject: MBM Resources Berhad ("MBMR" or "the Company")

PROPOSED ACQUISITIONS OF
(I) 26,985,030 ORDINARY SHARES OF RM1.00 EACH IN KINABALU MOTOR ASSEMBLY SDN. BHD. ("KMASB"); AND
(II) 5,400,000 ORDINARY SHARES OF RM1.00 EACH AND 100,000 PREFERENCE SHARES OF RM0.01 EACH IN LION MOTOR SDN. BHD. ("LMSB")
VIA THE EXECUTION OF TWO CONDITIONAL SHARE SALE AND PURCHASE AGREEMENTS WITH
(I) LION CORPORATION BERHAD AND LION FOREST INDUSTRIES BERHAD, BEING VENDORS FOR KMASB'S SHARES (COLLECTIVELY REFERRED TO AS THE "FIRST VENDOR"; AND
(II) SILVERSTONE CORPORATION BERHAD, CEDR CONSULTING SDN. BHD., INNOVASI ISTIMEWA SDN. BHD. AND RANGE GROVE SDN. BHD., BEING VENDORS FOR LMSB'S SHARES (COLLECTIVELY REFERRED TO AS THE "SECOND VENDOR")
(COLLECTIVELY REFERRED TO AS "PROPOSED ACQUISITIONS")

Contents: INTRODUCTION

The Board of Directors ("the Board") of MBMR wishes to announce that the Company has on even date entered into two conditional share sale and purchase agreements to acquire 26,985,030 ordinary shares of RM1.00 each in KMASB representing 70.1% of the issued and paid-up share capital of KMASB, and 5,400,000 ordinary shares of RM1.00 each and 100,000 preference shares of RM0.01 each in LMSB representing 100% of the issued and paid-up share capital of LMSB ("Sale Shares") (both agreements hereinafter referred to as "Conditional Share Sale and Purchase Agreement").

Attachments: Announcement-Acquisition of LMSB KMA on 14 Oct 2010 (final 14102010).pdf


KASSETS - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: KRISASSETS HOLDINGS BERHAD
Stock Name: KASSETS
Date Announced: 14/10/2010

Announcement Detail:
Type: Announcement

Subject: KRISASSETS HOLDINGS BERHAD ("KRISASSETS" OR "COMPANY")
PROPOSED ISSUANCE OF UP TO RM300 MILLION NOMINAL VALUE OF 7-YEAR REDEEMABLE CONVERTIBLE SECURED BONDS ("BONDS") ("PROPOSED BONDS ISSUE")

Contents: We refer to the announcement dated 23 August 2010 in respect of the Proposed Bonds Issue.

On behalf of the Board of Directors of KrisAssets, Hong Leong Investment Bank Berhad ("HLIB") wishes to inform that HLIB had, on the even date, submitted the application for the Proposed Bonds Issue to the Securities Commission and the listing application in respect of the new ordinary shares of RM1.00 each in KrisAssets to be issued as a result of the conversion of the Bonds to Bursa Malaysia Securities Berhad.

This announcement is dated 14 October 2010.


JPK - General Announcement

Announcement Type: General Announcement
Company Name: JPK HOLDINGS BERHAD
Stock Name: JPK
Date Announced: 14/10/2010

Announcement Detail:
Type: Announcement

Subject: JPK HOLDINGS BERHAD ("JPK" or "the Company")
- DECISION IN RESPECT OF THE APPEAL AGAINST THE DE-LISTING OF THE SECURITIES OF JPK FROM THE OFFICIAL LIST OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Contents: We act for and on behalf of JPK.

The Board of Directors of JPK wishes to inform that on 14 October 2010, Bursa Securities has after due consideration of all facts and circumstances of the case including the written and oral representations of JPK and the following:-
the Company's receipt of the final draft definitive agreement in respect of the acquisition of the Manhara Group of Companies on 29 September 2010; and
the support of the Company's debt holders and creditors to the Company's proposed restructuring plan which represents 76.73% of the Group's total debts;

Bursa Securities decided to grant JPK an extension of time until 31 January 2011 to submit the regularisation plan to the Securities Commission ("SC") for approval ("the Extended Timeframe") provided that a definitive agreement is signed between the Company and the white knight ie. the Manhara Group of Companies and announced on or before 31 October 2010.

Bursa Securities further decided to de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of Bursa Securities Main Market Lisiting Requirements ("Main LR") in the event:-
(a) the Company fails to sign and announce a definitive agreement with the white knight ie. the Manhara Group of Companies on or before 31 October 2010;
(b) the Company fails to submit the regularisation plan to the SC for approval within the Extended Timeframe;
(c) the Company fails to obtain the approval for the implementation of its regularisation plan and does not appeal within the timeframe (or extended timeframe, as the case may be) prescribed to lodge an appeal;
(d) the Company does not succeed in its appeal; or
(e) the Company fails to implement its regulatisation plan within the timeframe or extended timeframes stipulated by the relevant authorities.

Upon occurance of any of the events set out in (a) to (e) above, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of 7 market days from the date of the Company is notified by Bursa Securities or such other date as may be specified by Bursa Securities.

This announcement is dated 14 October 2010.


PJI - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: PJI HOLDINGS BERHAD
Stock Name: PJI
Date Announced: 14/10/2010

Announcement Detail:
Type: Announcement

Subject: PJI HOLDINGS BERHAD ("PJI" OR "COMPANY")
- Proposed Par Value Reduction wherein the Issued and Paid-Up Share Capital of the Company of RM81,209,333 Comprising 406,046,665 Ordinary Shares of RM0.20 Each in PJI Shall be Reduced to RM40,604,667 Comprising 406,046,665 Ordinary Shares of RM0.10 Each in PJI ("PJI Shares") ("Proposed Par Value Reduction");
- Proposed Amendments to the Memorandum and Articles of Association of PJI ("Proposed Amendments"); and
- Proposed Renounceable Rights Issue of up to 203,023,332 New Ordinary Shares of RM0.10 Each in PJI ("Rights Shares") Together With up to 304,534,998 Free Detachable Warrants on the Basis of Two (2) Rights Shares Together with Three (3) Free Detachable Warrants for Every Four (4) PJI Shares Held After the Proposed Par Value Reduction at an Indicative Issue Price of RM0.11 per Rights Share ("Proposed Rights Issue").

(Collectively referred to as the "Proposals")

Contents: Public Investment Bank Berhad, on behalf of the Board of Directors of PJI, is pleased to announce that Bank Negara Malaysia via its letter dated 7 October 2010, which was received on 13 October 2010 granted an approval to PJI for the issuance of Warrants to non-resident shareholders of PJI.

This announcement is dated 14 October 2010.


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

Announcement Type: Listing Circular
Company Name: JADI IMAGING HOLDINGS BERHAD
Stock Name: JADI
Date Announced: 14/10/2010

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

Contents: Kindly be advised that the abovementioned Company's additional 3,333,300 new ordinary shares of RM0.10 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 18 October 2010.



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