October 1, 2010

Company announcements: IRIS, MAYBANK, HAISAN, SATANG, MAXBIZ, SEG

IRIS - Listing Circular

Announcement Type: Listing Circular
Company Name: IRIS CORPORATION BERHAD (ACE Market)
Stock Name: IRIS
Date Announced: 01/10/2010

Announcement Detail:
Subject: IRIS-CONVERSION OF 23,900 5-YEAR 3% NON-CUMULATIVE IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("CONVERSION OF ICPS")

Contents: Kindly be advised that the abovementioned Company's additional 23,900 new ordinary shares of RM0.15 each arising from the aforesaid Conversion of ICPS will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 5 October 2010.


MAYBANK - Conversion to Syariah Banking of PT Bank Maybank Indocorp (Indonesia)

Announcement Type: General Announcement
Company Name: MALAYAN BANKING BERHAD
Stock Name: MAYBANK
Date Announced: 01/10/2010

Announcement Detail:
Type: Announcement

Subject: Conversion to Syariah Banking of PT Bank Maybank Indocorp (Indonesia)

Contents: Malayan Banking Berhad ("Maybank") wishes to announce that based on Bank Indonesia's ("BI") Governor Decision Number 12/60/KEP.GBI/DpG/2010 dated 23 September 2010, PT Bank Maybank Indocorp ("BMI") has received the approval from BI on the conversion of BMI's business activities from Conventional Banking to Syariah Banking.

With effect from 23 September 2010, BMI has changed its name to PT Bank Maybank Syariah Indonesia ("MSI") and BMI's business activities have been converted from Conventional Banking to Syariah Banking.

We are pleased to attach herewith the media release (released in Indonesia today) in relation to the conversion of BMI to MSI.

This announcement is dated 1 October 2010.

Attachments: advertisement.pdf


HAISAN - General Announcement

Announcement Type: General Announcement
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 01/10/2010

Announcement Detail:
Type: Announcement

Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN 1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Contents: Further to the announcements made on 1 September 2010 and 17 September 2010 pursuant to PN 1 of the Main Market Listing Requirement of Bursa Securities, the Board of Directors of HAISAN wishes to inform that there is no major development on the status of default in payment of principal and interests accrued as at the date of this announcement.

The Company is embarking on a Debt Restructuring Proposal ("DRP") to address the Default with respect to the banking facilities and shall make the appropriate announcement in due course.

This announcement is dated 1 October 2010.


HAISAN - General Announcement

Announcement Type: General Announcement
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 01/10/2010

Announcement Detail:
Type: Announcement

Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF THE COMPANY'S REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Contents: Further to the Company's monthly announcement dated 1 September 2010 on the status of the Company's regularisation plan pursuant to PN17 of the main market requirements of Bursa Securities, the Board of Directors of HAISAN wishes to announce that the Company is still in the process of formulating a Regularisation Plan to regularise its financial condition and shall announce the same to Bursa Securities upon the finalisation of the Regularisation Plan.

The Company has approximately eight (8) months to submit its Regularisation Plan to the relevant authorities for approval.

This announcement is dated 1 October 2010.


SATANG - General Announcement

Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 01/10/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-100929-54956

Subject: Satang Holdings Berhad ("Satang" or "the Company")
Reply to Bursa Malaysia's Query Letter : Article entitled: "Satang faces boardroom tussle as MD reinstated"

Contents: Reference is made to the announcement dated 29 Seoptember 2010.

The Board of Directors of the Company wishes to further announce that: -

1. The in-depth investigation into the alleged irregularities is expected to be commenced on 18 October 2010;

2. Duties and Responsibilities of the Management Committee after the lifting of suspension of Encik Malim bin Mohamed ("Encik Malim"), other than to monitor Encik Malim are as follows: -

i) Conducting Management Committee meeting and making decision for all jobs related which previously done by Encik Malim;
ii) Monitoring the company financial matters and making decision in relation to finance related matter;
iii) Functioning as the highest authority to manage and monitor the company with the assistance by the Heads of Department; and
iv)Updating and reporting to the Board of Directors in respect of the above matters.

As Encik Malim is involved in the investigation of the alleged irregularities, hence his current duties and resposibilities are as follows: -

i) As a Group Managing Director to generally manage the daily operation of the groups;
ii) As an Authorised Signatories on banking related matters such as signing of cheques, executing Tele-Transfer and Trade Financing Documents and etc;
iii) To oversee the overall development of reorganisation plan and to work closely with appointed Investment Bank, OSk Investment Bank for that particular purpose;
iv) To look into company's debtors list and to work together with the Company's CFO in order to improve the Company's cash flow by improving collection;
v) To manage the Company's creditors list and to work together with the Company's CFO in order to avoid unnecessary action by them;
Vi) To manage the finances and work closely with CFO for any outstanding matter, current activities and future financing;and
Vii) To deal with any other matters in respect of day to day operation of the Company which may arise from time to time.

This announcement is made on 1 October 2010.

Query Letter content: We refer to your Company's announcement dated 29 September 2010 in respect of
the above mattter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The date on which the in-depth investigation by Ernst & Young into the alleged
irregularities is expected to commence.
Duties and responsibilities of the Management Committee after the lifting of
suspension on En. Malim bin Mohamed ("En. Malim"), other than to monitor En.
Malim.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.

Yours faithfully


TAN YEW ENG
Head, Issuers
Listing Division
Regulation

TYE/ZOOS
c.c.General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)


MAXBIZ - General Announcement

Announcement Type: General Announcement
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 01/10/2010

Announcement Detail:
Type: Announcement

Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- WINDING-UP PETITION NO. 21NCC-37-2010 AGAINST THE COMPANY'S SUBSIDIARY, M.K.K. INDUSTRIES SDN. BHD.

Contents: Further to MAXBIZ's announcement made on 30 September 2010, the Board of Directors wishes to clarify that in respect of the details of default or circumstances leading to the filing of the winding-up petition against MKK, it was alleged in the winding up petition, that MKK owed the Petitioner an amount RM2,375,089.09 as at 14 April 2010 comprising total claim of RM1,819,914.53, interest at the rate of 8% per annum calculated from the date of judgement until full settlement and cost of RM225.00 a judgement obtained against MKK at the High Court of Malaya at Shah Alam via Civil Suit No. MT4-21-277-2004 on 26 April 2005.

As announced on 30 September 2010, the Group will not acknowledge the tax outstanding amount of RM2,375,089.09 (principal amount of RM1,819,914.53 with interest of 8% per annum) as indicated in the aforesaid suit.

The Board of Directors also wishes to clarify that the Group has engaged Messrs. Ferrier Hodgson MH Sdn. Bhd. ("Ferrier Hodgson") to investigate a few matters which includes the Financial Irregularity on MKK and therefore, the investigation would cover the existence of tax outstanding amount and other issues. This engagement was announced on 25 February 2010.

This announcement is dated 1 October 2010.


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: 01/10/2010

Announcement Detail:
Date of buy back: 01/10/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 183,000

Minimum price paid for each share purchased ($$): 2.230

Maximum price paid for each share purchased ($$): 2.260

Total consideration paid ($$): 413,216.98

Number of shares purchased retained in treasury (units): 183,000

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

Cumulative net outstanding treasury shares as at to-date (units): 5,008,500

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 (%): 2.01

Remarks: This announcement is dated 1 October 2010



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