October 11, 2010

Company announcements: LCL, SCNWOLF, KEN, SHH, AJIYA, GUNUNG, TIMWELL, POLY, GFB, KYM

LCL - General Announcement

Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 11/10/2010

Announcement Detail:
Type: Announcement

Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
- Notice Pursuant to Section 218 of the Companies Act, 1965

Contents: We refer to LCL's announcements dated 7 May 2010, 19 July 2010 and 7 September 2010 respectively in respect of the Notice under Section 218 of the Companies Act, 1965 served on LCL's wholly-owned subsidiary, LCL Furniture Sdn Bhd ("LCLF") by Kohoh Stainless Steel Works Sdn Bhd demanding the outstanding payment of RM970,148.71. LCLF was served a winding-up order dated 13 August 2010.

On 8 October 2010, LCL was served a Notice under Section 218 of the Companies Act, 1965 by Messrs Lee Kuan Mang & Co on behalf of Kohoh Stainless Steel Works Sdn Bhd for the outstanding payment of RM970,148.71. LCL is given 21 days from the date of receipt of the notice to settle the said outstanding amount, failing which, winding up proceedings will be taken against LCL.

This announcement is dated 11 October 2010.


SCNWOLF - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 11/10/2010

Announcement Detail:
Date of buy back: 11/10/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 4,000

Minimum price paid for each share purchased ($$): 0.360

Maximum price paid for each share purchased ($$): 0.360

Total consideration paid ($$): 1,482.44

Number of shares purchased retained in treasury (units): 4,000

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

Cumulative net outstanding treasury shares as at to-date (units): 725,700

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.91


KEN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: KEN HOLDINGS BERHAD
Stock Name: KEN
Date Announced: 11/10/2010

Announcement Detail:
Date of buy back: 11/10/2010

Description of shares purchased: Ordinary shares @ RM1/- each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 38,600

Minimum price paid for each share purchased ($$): 0.920

Maximum price paid for each share purchased ($$): 0.920

Total consideration paid ($$): 35,771.73

Number of shares purchased retained in treasury (units): 38,600

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

Cumulative net outstanding treasury shares as at to-date (units): 3,171,900

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 (%): 3.31


SHH - General Announcement

Announcement Type: General Announcement
Company Name: SHH RESOURCES HOLDINGS BERHAD
Stock Name: SHH
Date Announced: 11/10/2010

Announcement Detail:
Type: Announcement

Subject: Variation between Actual Value of Recurrent Related Party Transactions transacted from Estimated Value

Contents: Reference is made to SHH Resources Holdings Berhad's ("SHH" or "the Company") Circular to Shareholders relating to the Proposed Renewal of and New Shareholders's Mandate for Recurrent Related Party Transactions ("RRPT") of a revenue of trading nature ("Proposed Mandate") dated 6 November 2009. The ordinary resolution on the Proposed Mandate had been approved by shareholders of the Company at the Annual General Meeting ("AGM")held on 30 November 2009.

Pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Paragraph 2.5 of Practice Note 12 , the Company wishes to announce that the actual value of RRPT transacted with the following parties had exceeded the estimated value by 10% or more as shown in Table below:


AJIYA - General Announcement

Announcement Type: General Announcement
Company Name: AJIYA BERHAD
Stock Name: AJIYA
Date Announced: 11/10/2010

Announcement Detail:
Type: Announcement

Subject: AJIYA BERHAD ("AJIYA" or "the Company")
INCORPORATION OF A NEW SUBSIDIARY IN THAILAND, THAI AJIYA SAFETY GLASS CO., LTD

Contents: The Board of Directors of AJIYA is pleased to announce that the Company had on 6 October 2010 incorporated a subsidiary known as Thai Ajiya Safety Glass Co., Ltd. (Registration No. 0105553123550) ("TASG") under the Civil and Commercial Code of Thailand. (hereinafter referred to as "Incorporation"). The Company has 99.97% direct interest in the capital of TASG.

The details of the announcement is set out in the attachment below.

Attachments: incorporation of subsidiary.doc


GUNUNG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: GUNUNG CAPITAL BERHAD
Stock Name: GUNUNG
Date Announced: 11/10/2010

Announcement Detail:
Type: Announcement

Subject: GUNUNG CAPITAL BERHAD ("GUNUNG" OR "COMPANY")
-RENOUNCEABLE RIGHTS ISSUE OF 50,354,000 NEW ORDINARY SHARES OF RM0.40 EACH ("RIGHTS SHARES") ON A RENOUNCEABLE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.40 EACH HELD AFTER CAPITAL REDUCTION TOGETHER WITH 25,177,000 FREE DETACHABLE WARRANTS ("NEW WARRANTS") ON THE BASIS OF ONE (1) NEW WARRANT FOR EVERY TWO (2) RIGHTS SHARES HELD AT 5.00 P.M. ON 9 SEPTEMBER 2010 AT AN ISSUE PRICE OF RM0.42 PER RIGHTS SHARE ("RIGHTS ISSUE")

Contents: Further to the earlier announcements in relation to the Rights Issue and on behalf of the Board of Directors of Gunung, MIMB Investment Bank Berhad is pleased to announce that the 50,354,000 Rights Shares together with 25,177,000 New Warrants issued pursuant to the Rights Issue were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m., 11 October 2010, marking the completion of the Rights Issue.

For consistency, the abbreviations used in the above are the same as those previously defined in the Company's announcement dated 20 January 2010.

This announcement is dated 11 October 2010.


TIMWELL - TIMBERWELL BERHAD ("the Company") - LOGS PRODUCTION FOR THE MONTH OF SEPTEMBER 2010

Announcement Type: General Announcement
Company Name: TIMBERWELL BERHAD
Stock Name: TIMWELL
Date Announced: 11/10/2010

Announcement Detail:
Type: Announcement

Subject: TIMBERWELL BERHAD ("the Company")
- LOGS PRODUCTION FOR THE MONTH OF SEPTEMBER 2010

Contents: Pursuant to Paragraph 9.36 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of the Company wishes to announce that the logs production of the Company for the month of September 2010 was 719.72 meter cubic.


This announcement is dated 11 October 2010


POLY - Notification on dealings in securities by Director during closed period

Announcement Type: General Announcement
Company Name: POLY GLASS FIBRE (M) BERHAD
Stock Name: POLY
Date Announced: 11/10/2010

Announcement Detail:
Type: Announcement

Subject: Notification on dealings in securities by Director during closed period

Contents: Pursuant to paragraph 14.08 of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities"), this is to notify that POLY GLASS FIBRE (M) BHD ("the Company") has on 11 October 2010 received a notification dated 11 October 2010 from Mr. Fong Wah Kai, the Executive Director of the Company, in relation to his indirect acquisition of 7,000 ordinary shares of RM1.00 each in the Company with details as follows: -

Date of Dealing: 8 October 2010

Consideration for the dealing: RM0.350 per ordinary share of RM1.00 each

Amount of Securities acquired (indirect): 7,000 ordinary shares of RM1.00 each

Percentage of Securities acquired: 0%

Total number of Securities (percentage) held after acquisition are as follows: -

Direct: 6,798,800 (4.25%)
Indirect: 74,328,700 (46.46%)


Dated this 11th day of October 2010


GFB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 11/10/2010

Announcement Detail:
Date of buy back: 11/10/2010

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 8,000

Minimum price paid for each share purchased ($$): 1.350

Maximum price paid for each share purchased ($$): 1.350

Total consideration paid ($$): 10,879.04

Number of shares purchased retained in treasury (units): 8,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,716,000

Adjusted issued capital after cancellation (no. of shares) (units): 56,608,800

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.03

Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.

This announcement is dated 11/10/2010.


KYM - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: KYM HOLDINGS BERHAD
Stock Name: KYM
Date Announced: 11/10/2010

Announcement Detail:
Type: Announcement

Subject: KYM HOLDINGS BHD. ("KYM" OR THE "COMPANY")

DISPOSAL OF THIRTEEN (13) PARCELS OF LEASEHOLD PROPERTIES (WITH AN UNEXPIRED LEASE PERIOD OF 80 YEARS) MEASURING APPROXIMATELY 756 ACRES FOR AN AGGREGATE CASH CONSIDERATION OF RM93,762,467.44 ("DISPOSAL")

Contents: We refer to the Company's announcement dated 24 September 2010 relating to the fulfilment of the conditions precedent stipulated in the conditional sale and purchase agreement dated 31 March 2010 in relation to the Disposal.

On behalf of the Board of Directors of KYM, MIMB Investment Bank Berhad wishes to announce that KYM had received the balance consideration under the Disposal amounting to RM93,762,467.44 from the stakeholder. Accordingly, the Disposal is deemed completed today.

This announcement is dated 11 October 2010.



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