ENCORP - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: ENCORP BERHAD
Stock Name: ENCORP
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: ENCORP BERHAD ("Encorp" or "Company")
? Proposed Rights Issue
? Proposed Placement
? Proposed Increase in Authorised Share Capital
? Proposed Amendment to the Memorandum of Association
(Collectively referred to as the "Proposals")
Contents: We refer to our announcements dated 12 March 2010 and 5 August 2010 in respect of the Proposals.
HwangDBS Investment Bank Berhad ("HwangDBS"), on behalf of the Board of Directors of Encorp, is pleased to announce that the Securities Commission ("SC") has vide its letter dated 30 September 2010, approved the issuance of redeemable convertible secured loan stock ("RCSLS") to shareholders of Encorp under the Proposed Rights Issue and investor(s) to be identified under the Proposed Placement.
The approval is subject to the following conditions:
(i) HwangDBS and Encorp to obtain SC's prior approval should there be any changes to the principal terms and conditions of the RCSLS prior to the issue date of the RCSLS;
(ii) HwangDBS to submit the following information and documents to the SC prior to the issue date of the RCSLS:
(a) Issue date and issue size of the RCSLS;
(b) A certified true copy of the executed trust deed for the RCSLS;
(c) A copy of the following information or documents to be furnished to the SC:
- The issue date and issue size of the RCSLS;
- The executed trust deed for the RCSLS; and
- The principal terms and conditions for the RCSLS;
(iii) Furnish copy of any supplements to the trust deed to the SC;
(iv) HwangDBS to notify the SC within seven (7) days from the date of issue of the RCSLS, the nominal amount subscribed under the Proposed Rights Issue and Proposed Placement;
(v) Designated account has been duly established and the authorised signatory(s) to that account have undertaken/agreed to administer the designated account in accordance with the provisions stated in the principal terms and conditions of the proposal;
(vi) In the event that the proceeds are to be utilised for capital, project development and construction expenditure requirements, HwangDBS shall ensure that provisions are made in the trust deed for the RCSLS such that the relevant supporting documents, substantiating the utilisation of issue proceeds for capital, project development and construction expenditure requirements, are provided to the Trustee prior to utilisation of the RCSLS proceeds;
(vii) Prior to the issue of the RCSLS, HwangDBS shall ensure that the security for the RCSLS has been finalised and in this regard, HwangDBS shall notify the SC the security for the RCSLS;
(viii) Encorp shall obtain all necessary approvals from all relevant parties in relation to the proposed RCSLS issue and HwangDBS is to submit a written confirmation on the same to the SC prior to the issue date of the RCSLS;
(ix) HwangDBS and Encorp to disclose in writing to potential investors that each RCSLS issue will carry different risks and all potential investors are strongly encouraged to evaluate each RCSLS issue on its own merit; and
(x) HwangDBS is required to remind all relevant parties including Encorp and the Trustee for the RCSLS of the need to observe and fully comply with all statutory requirements, in particular, those set out in Division 4 of Part VI of the CMSA.
This announcement is dated 1 October 2010.
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: ENCORP BERHAD
Stock Name: ENCORP
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: ENCORP BERHAD ("Encorp" or "Company")
? Proposed Rights Issue
? Proposed Placement
? Proposed Increase in Authorised Share Capital
? Proposed Amendment to the Memorandum of Association
(Collectively referred to as the "Proposals")
Contents: We refer to our announcements dated 12 March 2010 and 5 August 2010 in respect of the Proposals.
HwangDBS Investment Bank Berhad ("HwangDBS"), on behalf of the Board of Directors of Encorp, is pleased to announce that the Securities Commission ("SC") has vide its letter dated 30 September 2010, approved the issuance of redeemable convertible secured loan stock ("RCSLS") to shareholders of Encorp under the Proposed Rights Issue and investor(s) to be identified under the Proposed Placement.
The approval is subject to the following conditions:
(i) HwangDBS and Encorp to obtain SC's prior approval should there be any changes to the principal terms and conditions of the RCSLS prior to the issue date of the RCSLS;
(ii) HwangDBS to submit the following information and documents to the SC prior to the issue date of the RCSLS:
(a) Issue date and issue size of the RCSLS;
(b) A certified true copy of the executed trust deed for the RCSLS;
(c) A copy of the following information or documents to be furnished to the SC:
- The issue date and issue size of the RCSLS;
- The executed trust deed for the RCSLS; and
- The principal terms and conditions for the RCSLS;
(iii) Furnish copy of any supplements to the trust deed to the SC;
(iv) HwangDBS to notify the SC within seven (7) days from the date of issue of the RCSLS, the nominal amount subscribed under the Proposed Rights Issue and Proposed Placement;
(v) Designated account has been duly established and the authorised signatory(s) to that account have undertaken/agreed to administer the designated account in accordance with the provisions stated in the principal terms and conditions of the proposal;
(vi) In the event that the proceeds are to be utilised for capital, project development and construction expenditure requirements, HwangDBS shall ensure that provisions are made in the trust deed for the RCSLS such that the relevant supporting documents, substantiating the utilisation of issue proceeds for capital, project development and construction expenditure requirements, are provided to the Trustee prior to utilisation of the RCSLS proceeds;
(vii) Prior to the issue of the RCSLS, HwangDBS shall ensure that the security for the RCSLS has been finalised and in this regard, HwangDBS shall notify the SC the security for the RCSLS;
(viii) Encorp shall obtain all necessary approvals from all relevant parties in relation to the proposed RCSLS issue and HwangDBS is to submit a written confirmation on the same to the SC prior to the issue date of the RCSLS;
(ix) HwangDBS and Encorp to disclose in writing to potential investors that each RCSLS issue will carry different risks and all potential investors are strongly encouraged to evaluate each RCSLS issue on its own merit; and
(x) HwangDBS is required to remind all relevant parties including Encorp and the Trustee for the RCSLS of the need to observe and fully comply with all statutory requirements, in particular, those set out in Division 4 of Part VI of the CMSA.
This announcement is dated 1 October 2010.
BIG - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MIA 22854
Name: Chia Lan Fong
Working experience and occupation during past 5 years: Accounting Manager in a subsidiary in Malaysia of a public listed company in London.
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MIA 22854
Name: Chia Lan Fong
Working experience and occupation during past 5 years: Accounting Manager in a subsidiary in Malaysia of a public listed company in London.
BIG - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MAICSA 0797575
Name: Wong Yoke Lin
Working experience and occupation during past 5 years: Company Secretary for public listed / public companies.
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MAICSA 0797575
Name: Wong Yoke Lin
Working experience and occupation during past 5 years: Company Secretary for public listed / public companies.
BIG - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Resignation
Designation: Secretary
License no.: LS 0009403
Name: Jennie Chua Lay Chin
Working experience and occupation during past 5 years: Group Company Secretary in Kumpulan Mofaz during the past 5 years.
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Resignation
Designation: Secretary
License no.: LS 0009403
Name: Jennie Chua Lay Chin
Working experience and occupation during past 5 years: Group Company Secretary in Kumpulan Mofaz during the past 5 years.
ARK - General Announcement
Announcement Type: General Announcement
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: ARK RESOURCES BERHAD ("ARK" OR "THE COMPANY")
-Monthly Status on default in payment pursuant to Practice Note 1 of Bursa Malaysia Securities Berhad's Listing Requirement
Contents: Further to our announcement made on 1 September 2010, ARK wishes to update on the details of the various credit facilities in default to the financial institutions as at 30 September 2010 (that is to be addressed in the Corporate Restructuring approved by the Securities Commission on 30 April, 2007) details of which are as per the attached table.
Attachments: PN1 Table- 30.09.2010.doc
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: ARK RESOURCES BERHAD ("ARK" OR "THE COMPANY")
-Monthly Status on default in payment pursuant to Practice Note 1 of Bursa Malaysia Securities Berhad's Listing Requirement
Contents: Further to our announcement made on 1 September 2010, ARK wishes to update on the details of the various credit facilities in default to the financial institutions as at 30 September 2010 (that is to be addressed in the Corporate Restructuring approved by the Securities Commission on 30 April, 2007) details of which are as per the attached table.
Attachments: PN1 Table- 30.09.2010.doc
ARK - General Announcement
Announcement Type: General Announcement
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: ARK RESOURCES BERHAD ("ARK" OR "THE COMPANY")
-Monthly announcement on the status of the Company's plan to regularize the financial condition pursuant to Practice Note 17
Contents: There is no development from the Company's last announcement on 1 September 2010. The Company is taking the neccessary steps to implement and complete the Corporate Restructuring Exercise by 31 December 2010.
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: ARK RESOURCES BERHAD ("ARK" OR "THE COMPANY")
-Monthly announcement on the status of the Company's plan to regularize the financial condition pursuant to Practice Note 17
Contents: There is no development from the Company's last announcement on 1 September 2010. The Company is taking the neccessary steps to implement and complete the Corporate Restructuring Exercise by 31 December 2010.
ASUPREM - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: ASTRAL SUPREME BERHAD
Stock Name: ASUPREM
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Name: Ooi Chieng Sim
Age: 41
Nationality: Malaysian
Qualifications: Secondary education.
Working experience and occupation: He is currently the Managing Director and shareholder in Hock Lok Siew Realty Sdn. Bhd. and Skylitech Resources Sdn. Bhd. which were set up by him in 1989. He has more than twenty years of experience in plantation, trading in foodstuff, construction and engineering sector. His immense experience had led him to manage his companies successfully over the years. He is also the Executive Chairman of Hock Lok Siew Corporation Bhd.
Directorship of public companies (if any): Hock Lok Siew Corporation Bhd.
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: Holds 2,286,400 ordinary shares in Astral Supreme Berhad
Company Name: ASTRAL SUPREME BERHAD
Stock Name: ASUPREM
Date Announced: 01/10/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Name: Ooi Chieng Sim
Age: 41
Nationality: Malaysian
Qualifications: Secondary education.
Working experience and occupation: He is currently the Managing Director and shareholder in Hock Lok Siew Realty Sdn. Bhd. and Skylitech Resources Sdn. Bhd. which were set up by him in 1989. He has more than twenty years of experience in plantation, trading in foodstuff, construction and engineering sector. His immense experience had led him to manage his companies successfully over the years. He is also the Executive Chairman of Hock Lok Siew Corporation Bhd.
Directorship of public companies (if any): Hock Lok Siew Corporation Bhd.
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: Holds 2,286,400 ordinary shares in Astral Supreme Berhad
JPK - General Announcement
Announcement Type: General Announcement
Company Name: JPK HOLDINGS BERHAD
Stock Name: JPK
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: JPK HOLDINGS BERHAD ("JPK" or "the Company")
Monthly Announcement on the Status of Regularisation Plan Pursuant to Practice Note 17 ("PN 17") of the Main Market Listing Requirements
Contents: We act for and on behalf of JPK.
Further to the announcement made on1 September 2010 pursuant to Paragraph 4.4 of PN17, the Board of Directors of JPK wishes to inform that the Company is finalising a regularisation plan to regularise the financial condition of the Company and shall announce the regularisation plan to Bursa Malaysia Securities Berhad ("Bursa Securities") in due course.
Pursuant to Paragraph 8.04(3)(a) of the Main Market Listing Requirements of Bursa Securities, the Company is required to submit its regularisation plan to the relevant authorities for approval by 16 August 2010.
The Board of Directors of JPK wishes to announce that the Company had on 3 September 2010 submitted an application to Bursa Securities to appeal for the deferment of de-listing of the securities of JPK from the Official List of Bursa Securities and to grant an extension of time of six (6) months until 15 February 2011 for the Company to make the requisite announcement and to submit its regularisation plan to the relevant authorities for approval and still pending decision from Bursa Securities.
This announcement is dated 1 October 2010.
Company Name: JPK HOLDINGS BERHAD
Stock Name: JPK
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: JPK HOLDINGS BERHAD ("JPK" or "the Company")
Monthly Announcement on the Status of Regularisation Plan Pursuant to Practice Note 17 ("PN 17") of the Main Market Listing Requirements
Contents: We act for and on behalf of JPK.
Further to the announcement made on1 September 2010 pursuant to Paragraph 4.4 of PN17, the Board of Directors of JPK wishes to inform that the Company is finalising a regularisation plan to regularise the financial condition of the Company and shall announce the regularisation plan to Bursa Malaysia Securities Berhad ("Bursa Securities") in due course.
Pursuant to Paragraph 8.04(3)(a) of the Main Market Listing Requirements of Bursa Securities, the Company is required to submit its regularisation plan to the relevant authorities for approval by 16 August 2010.
The Board of Directors of JPK wishes to announce that the Company had on 3 September 2010 submitted an application to Bursa Securities to appeal for the deferment of de-listing of the securities of JPK from the Official List of Bursa Securities and to grant an extension of time of six (6) months until 15 February 2011 for the Company to make the requisite announcement and to submit its regularisation plan to the relevant authorities for approval and still pending decision from Bursa Securities.
This announcement is dated 1 October 2010.
HUATLAI - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 01/10/2010
Announcement Detail:
Date of buy back: 01/10/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 130,000
Minimum price paid for each share purchased ($$): 1.240
Maximum price paid for each share purchased ($$): 1.250
Total consideration paid ($$): 162,205.04
Number of shares purchased retained in treasury (units): 130,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 8,369,700
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 10.00
Company Name: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 01/10/2010
Announcement Detail:
Date of buy back: 01/10/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 130,000
Minimum price paid for each share purchased ($$): 1.240
Maximum price paid for each share purchased ($$): 1.250
Total consideration paid ($$): 162,205.04
Number of shares purchased retained in treasury (units): 130,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 8,369,700
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 (%): 10.00
YSPSAH - General Announcement
Announcement Type: General Announcement
Company Name: Y.S.P.SOUTHEAST ASIA HOLDING BERHAD
Stock Name: YSPSAH
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: Y.S.P. SOUTHEAST ASIA HOLDING BHD ("YSPSAH")
-FURTHER INVESTMENT IN SUN TEN (SINGAPORE) PRIVATE LIMITED
Contents: Further to the announcements made on 5.6.2008 and 17.11.2009, the Company wishes to announce that the subsidiary of the Company namely Sun Ten Southeast Asia Holding Pte. Ltd. ("STSAH") has subscribed for 550,000 additional ordinary shares of SGD1.00 each in its wholly-owned subsidiary, Sun Ten (Singapore) Private Limited ("STS") through a cash payment of SGD300,000.00 and capitalisation of SGD250,000.00 being amount due from STS to STSAH. The total paid-up capital of STS as at to-date is SGD743,142.00.
Company Name: Y.S.P.SOUTHEAST ASIA HOLDING BERHAD
Stock Name: YSPSAH
Date Announced: 01/10/2010
Announcement Detail:
Type: Announcement
Subject: Y.S.P. SOUTHEAST ASIA HOLDING BHD ("YSPSAH")
-FURTHER INVESTMENT IN SUN TEN (SINGAPORE) PRIVATE LIMITED
Contents: Further to the announcements made on 5.6.2008 and 17.11.2009, the Company wishes to announce that the subsidiary of the Company namely Sun Ten Southeast Asia Holding Pte. Ltd. ("STSAH") has subscribed for 550,000 additional ordinary shares of SGD1.00 each in its wholly-owned subsidiary, Sun Ten (Singapore) Private Limited ("STS") through a cash payment of SGD300,000.00 and capitalisation of SGD250,000.00 being amount due from STS to STSAH. The total paid-up capital of STS as at to-date is SGD743,142.00.
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