October 18, 2010

Company announcements: IMPRESS, TEXCYCL, SCICOM, AMMB, EQUINE, ASB, SPK, OILCORP

IMPRESS - Entitlement - Others

Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: IMPRESSIVE EDGE GROUP BERHAD (ACE Market)
Stock Name: IMPRESS
Date Announced: 18/10/2010

Announcement Detail:
EX-date: 29/10/2010

Entitlement date: 02/11/2010

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: IMPRESSIVE EDGE GROUP BERHAD ("IMPRESSIVE")
SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("SCR")

Period of interest payment: to

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Securities Services (Holdings) Sdn. Bhd.
Level 7, Menara Milenium
Jalan Damanlela
Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur, Malaysia

Tel: 03-2084 9000
Fax: 03-2094 9940

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 02/11/2010

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.18

Remarks: The SCR entails a selective capital reduction and repayment under Section 64 of the Companies Act, 1965, which will result in the reduction of the issued and paid-up share capital of Impressive from RM15,863,800 comprising 158,638,000 ordinary shares of RM0.10 in Impressive ("Impressive Shares") to RM4,307,603.80 comprising 43,076,038 Impressive Shares by way of cancelling a total of 115,561,962 Impressive Shares as follows:

(i) all the outstanding Impressive Shares held by shareholders of Impressive other than Impressive Edge Corporation (M) Sdn Bhd ("IEC"), a major shareholder of Impressive and persons connected to IEC in relation to the SCR, namely Ng Hai Teng, Ooi Lai Heng, Ng Hai Chai, Ng Hai Sing, Koh Bah Suan, Teh Kean Beng and Ong Chin Vi ("Persons Connected") ("Non-Interested Shareholders") involving 64,201,090 Impressive Shares; and

(ii) the balance of 51,360,872 Impressive Shares held by IEC and Persons Connected.

Upon completion of the SCR, IEC and Persons Connected will hold 43,076,038 Impressive Shares, representing the entire issued and paid-up share capital of Impressive.

After the lodgement of the Court Order with the Companies Commission of Malaysia, Impressive will make a cash distribution of RM0.18 for every Impressive Share held to the Non-Interested Shareholders whose names appear on the Record of Depositors on the Entitlement Date. In total, the SCR will entail the repayment of up to RM11,556,196.20 or a cash amount of RM0.18 for each Impressive Share held as at the Entitlement Date to the Non-Interested Shareholders of Impressive.

IEC and Persons Connected have waived their respective entitlement for the capital repayment amounting to RM5,136,087.20 pursuant to the SCR.

Upon completion of the SCR, IEC and Persons Connected will collectively hold 100% equity interest in Impressive. IEC and Persons Connected have indicated that they do not intend to maintain the listing status of Impressive on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") upon the completion of the SCR. Upon completion of the SCR, Impressive will withdraw its listing from the Official List of Bursa Securities.

The trading of Impressive Shares on the ACE Market of Bursa Securities will be suspended from 9.00 a.m. on Wednesday, 27 October 2010, being 3 clear Market Days before the Entitlement Date. Accordingly, the last day for trading of Impressive Shares on the ACE Market of Bursa Securities prior to the suspension shall be on Tuesday, 26 October 2010. The trading of Impressive Shares will continue to be suspended until the completion of the SCR and the subsequent delisting of Impressive from the Official List of Bursa Securities.


TEXCYCL - General Announcement

Announcement Type: General Announcement
Company Name: TEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market)
Stock Name: TEXCYCL
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: TEX CYCLE TECHNOLOGY (M) BERHAD ("TEX CYCLE" or "the Company")
- SUCCESS IN BIDDING FOR A SINGLE STOREY INDUSTRIAL BUILDING WITH TWO UNITS DOUBLE STOREY OFFICE BUILDING IDENTIFIED AS LOT NO. 8942, JALAN BESAR, TELOK GONG, 42000 PELABUHAN KLANG, SELANGOR DARUL EHSAN BY TC CHEMICAL SDN. BHD.

Contents: The Board of Directors of TEX CYCLE wishes to announce that the Company's wholly owned subsidiary, TC CHEMICAL SDN. BHD. (861580-A) ("TCC") has on 15 October 2010 was successful in bidding for a single storey industrial building with two (2) units double storey office building identified as Lot No. 8942, Jalan Besar, Telok Gong, 42000 Pelabuhan Klang, Selangor Darul Ehsan ("the Property") held at the Auditorium, 2nd Floor, Klang Land Office, Jalan Kota, 41902 Klang, Selangor Darul Ehsan at the reserved price of Ringgit Malaysia Six Million and Three Hundred Thousand (RM6,300,000.00) only ("the Proposed Acquisition of Property").

The details of the announcement are attached herewith.

This announcement is dated 18 October 2010.

Attachments: Tex Cycle - Details of Announcement .pdf.pdf


SCICOM - SCICOM (MSC) BERHAD ("SCICOM" or "the Company") - NOTICE OF THE EXTRAORDINARY GENERAL MEETING

Announcement Type: General Announcement
Company Name: SCICOM (MSC) BERHAD
Stock Name: SCICOM
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: SCICOM (MSC) BERHAD ("SCICOM" or "the Company")
- NOTICE OF THE EXTRAORDINARY GENERAL MEETING

Contents: The Board of Directors of SCICOM is pleased to announce that the Extraordinary General Meeting ("EGM") of the Company is scheduled to be held at Banyan Room, Ground Floor, Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, 60000 Kuala Lumpur on Wednesday, 10 November 2010 at 11.00 a.m. or immediately following the conclusion or adjournment of the Eighth Annual General Meeting of the Company to be held at the same venue and on the same date at 10.00 a.m., whichever is earlier.

The full text of the Notice of the EGM is attached herewith for your attention.

Attachments: EGM Notice.pdf


SCICOM - General Announcement

Announcement Type: General Announcement
Company Name: SCICOM (MSC) BERHAD
Stock Name: SCICOM
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: SCICOM (MSC) BERHAD ("SCICOM" or "the Company")
- NOTICE OF THE EIGHTH ANNUAL GENERAL MEETING ("8th AGM")

Contents: The Board of Directors of SCICOM is pleased to announce that the 8th AGM of the Company is scheduled to be held at Banyan Room, Ground Floor, Sime Darby Convention Centre, 1A Jalan Bukit Kiara 1, 60000 Kuala Lumpur on Wednesday, 10 November 2010 at 10.00 a.m.

The full text of the Notice of the 8th AGM is attached herewith for your attention.

Attachments: AGM Notice.pdf


AMMB - AMMB Holdings Berhad - Striking-off of Non-Operating Subsidiaries

Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: AMMB HOLDINGS BERHAD
Stock Name: AMMB
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: AMMB Holdings Berhad
- Striking-off of Non-Operating Subsidiaries

Contents: AMMB Holdings Berhad ("AHB") wishes to inform that further to the applications made by its wholly-owned subsidiaries, South Johor Securities Nominees (Tempatan) Sdn Bhd ["SJSNT"] and South Johor Securities Nominees (Asing) Sdn Bhd ["SJSNA"] to the Companies Commission of Malaysia ("CCM"), SJSNT and SJSNA had on 18 October 2010 received notifications from CCM that they will be struck-off from the Register of CCM and dissolved pursuant to Section 308 of the Companies Act, 1965 on the expiration of three (3) months from the date of the CCM's notifications, i.e. with effect from 4 January 2011.

For information, SJSNT and SJSNA were incorporated on 23 December 1985 and 8 January 1996 and have not been in operation since 2007 and 2002 respectively.

This announcement is dated 18 October 2010.


EQUINE - EQUINE CAPITAL BERHAD ("ECB") Dealings by a Principal Officer outside closed period

Announcement Type: General Announcement
Company Name: EQUINE CAPITAL BERHAD
Stock Name: EQUINE
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: EQUINE CAPITAL BERHAD ("ECB")
Dealings by a Principal Officer outside closed period

Contents: The following Principal Officer has given notification of her dealings in the securities of ECB.


ASB - General Announcement

Announcement Type: General Announcement
Company Name: ADVANCE SYNERGY BERHAD
Stock Name: ASB
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: ADVANCE SYNERGY BERHAD ("ASB")
Announcement by Unified Communications Holdings Limited ("UCH"), a 58.3%-owned subsidiary of ASB (held via Worldwide Matrix Sdn Bhd, a wholly-owned subsidiary of ASB), to the Singapore Exchange Securities Trading Limited ("SGX")

Contents: Pursuant to paragraph 9.19 (40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), we wish to inform Bursa Securities that UCH, our subsidiary which is listed on the SGX, had on 18 October 2010 made an announcement to the SGX on the Notice of Extraordinary General Meeting ("EGM") dated 19 October 2010 for the purpose of procuring its shareholders' approval for the proposed purchase of the property located at Lot 3A-5-1, 5th Floor, Block 3A, Plaza Sentral, Kuala Lumpur, Malaysia at the EGM to be held on 3 November 2010.

Please refer to the attached file for the said announcement made by UCH to the SGX.

This announcement is dated 18 October 2010.

Attachments: UCH - Announcement on 18 October 2010.pdf


SPK - General Announcement

Announcement Type: General Announcement
Company Name: SPK-SENTOSA CORPORATION BERHAD
Stock Name: SPK
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: Winding-Up Petition under Section 218 of the Companies Act, 1965 served on Rekayasa Industri Malaysia Sdn Bhd ("Rekmal"), a subsidiary of SPK-Sentosa Corporation Berhad ("SPK-Sentosa/ Company") by Destco Equipment Rental Sdn. Bhd. ("Destco")

Contents: The Board of Directors of SPK-Sentosa wishes to announce that a winding-up petition has been served on Rekmal, a subsidiary of the Company by Destco and the details of the said winding-up petition are as follows:-

(a) The winding-up petition dated 5 October 2010 was served on Rekmal on 15 October 2010. The winding-up petition was presented to the High Court of Sabah and Sarawak at Bintulu on 5 October 2010 and shall be heard at the High Court in Bintulu on 8 December 2010.

(b) The amount claimed by Destco against Rekmal is RM68,051.55, interest to be computed from 21 May 2009 onwards and cost to be determined by the Court.

(c) The winding-up petition was filed by Destco against Rekmal arising from the alleged non-payment of equipment provided to Rekmal.

(d) SPK-Sentosa confirms that Rekmal is not a major subsidiary of SPK-Sentosa.

(e) SPK-Sentosa's cost of investment in Rekmal through Nadaprise Sdn Bhd is RM4,250,000.

(f) The Directors of SPK-Sentosa do not envisage the impact of the winding-up petition on the SPK-Sentosa Group to be significant, both financially or operationally.

(g) The expected losses arising from the winding-up proceedings are the amount owed by Rekmal to Destco (i.e.RM68,051.55) and the costs for the petition.

(h) The Company will be seeking its solicitor's advice on the necessary course of action to be taken in relation to the aforesaid petition.

This announcement is dated 18 October 2010.


OILCORP - Oilcorp Berhad ("OILCORP or the Company"): ? Notice to invoke Bank Guarantee

Announcement Type: General Announcement
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: Oilcorp Berhad ("OILCORP or the Company"):
? Notice to invoke Bank Guarantee

Contents: The Company's subsidiary, Oilfab Sdn. Bhd. ("OFSB"), has received a notice to invoke Bank Guarantee issued by Bank Islam Malaysia Berhad ("BIMB") to Petronas Carigali Sdn. Bhd. ("PCSB").


OILCORP - General Announcement

Announcement Type: General Announcement
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 18/10/2010

Announcement Detail:
Type: Announcement

Subject: Oilcorp Berhad ("OILCORP or the Company"):
? Winding up petition no. 28-51-2010 by JB Yew Seng Stationery Sdn. Bhd. against Oilfab Sdn. Bhd., a subsidiary of Oilcorp.
? Withdrawn

Contents: The Company on 7 April 2010 announced the winding up petition no. 28-51-2010 petitioned by JB Yew Seng Stationery Sdn. Bhd. ("Petitioner") against Oilfab Sdn. Bhd., a subsidiary of Oilcorp.

On 12 May 2010, the Company announced that the hearing for this winding up petition had been postponed from 12 May 2010 to 22 July 2010, and then brought forward to 21 July 2010. Subsequently the hearing date was adjourned to 2 September 2010 and then to 18 October 2010.

The Company now wishes to announce that the winding up petition has been withdrawn with no order as to costs.

This announcement is dated 18 October 2010.



No comments:

Post a Comment