October 26, 2010

Company announcements: LITRAK, UBG, VS, GTRONIC, PATIMAS, KHIND, AKN, UDSCAP

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

Announcement Type: Listing Circular
Company Name: LINGKARAN TRANS KOTA HOLDINGS BERHAD
Stock Name: LITRAK
Date Announced: 26/10/2010

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

Contents: Kindly be advised that the abovementioned Company's additional 49,000 new ordinary shares of RM0.20 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 28 October 2010.


UBG - General Announcement

Announcement Type: General Announcement
Company Name: UBG BERHAD
Stock Name: UBG
Date Announced: 26/10/2010

Announcement Detail:
Type: Announcement

Subject: UBG BERHAD ("UBG" OR "COMPANY" OR "THE OFFEREE")

MANDATORY TAKE-OVER OFFER BY JAVACE SDN BHD ("JSB" OR "OFFEROR") AND SHEIKH TAREK ESSAM AHMAD OBAID ("THE ULTIMATE OFFEROR") THROUGH AMINVESTMENT BANK BERHAD
- Disclosure of Dealings in accordance with Section 36 of the Malaysian Code on Take-overs and Mergers 1998 ("the Code")

Contents: We refer to our announcement dated 29 September 2010 on the Notice of Mandatory Take-over Offer by Javace Sdn Bhd ("JSB" or "Offeror") and Sheikh Tarek Essam Ahmad Obaid ("the Ultimate Offeror") through AmInvestment Bank Berhad ("AmInvestment Bank") to acquire all the voting shares in UBG which are not already owned by the Offeror and parties acting in concert with it ("Offer Shares") for a cash offer price of RM2.50 per Offer Share ("Offer"). We also refer to our announcement dated 20 October 2010 in respect of the posting of the Offer Document relating to the Offer on 20 October 2010.

During the Offer Period which commenced on 8 January 2010, a director of UBG has an obligation to disclose his/her dealings in the shares of UBG to Bursa Malaysia Securities Berhad ("Bursa Securities") and the Securities Commission by way of a press notice announcement. In the case of Bursa Securities, the disclosure will be announced via the Bursa LINK.

UBG wishes to announce that Dato Sri Liang Kim Bang, a director of UBG, has on 26 October 2010 accepted the Offer and made a disclosure pursuant to Section 36 of the Code and Paragraph 11.07 of the Main Market Listing Requirements of Bursa Securities of his dealings in the shares of UBG.

A copy of Dato Sri Liang's press notice dated 26 October 2010 is attached below.

This announcement is dated 26 October 2010.

Attachments: UBG-S36 disclosure form-Appendix 1-LKB-signed.pdf


UBG - General Announcement

Announcement Type: General Announcement
Company Name: UBG BERHAD
Stock Name: UBG
Date Announced: 26/10/2010

Announcement Detail:
Type: Announcement

Subject: UBG Berhad ("UBG" or "the Company")
- Notification pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements ("Listing Requirements") of Bursa Malaysia Securities Berhad ("Bursa Securities") on dealings outside closed period

Contents: We wish to announce that the Company has on 26 October 2010 received a notification pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Securities from Dato Sri Liang Kim Bang (a Director of the Company for the purpose of Chapter 14 of the Listing Requirements) of his dealings in the shares of the Company outside closed period. The details of his dealings are set out in the table below.

The disposal was in relation to the acceptance of the mandatory take-over offer by Javace Sdn Bhd and Sheikh Tarek Essam Ahmad Obaid to acquire all the voting shares in UBG.

This announcement is dated 26 October 2010.


VS - Purchase of property and vehicles by subsidiary

Announcement Type: General Announcement
Company Name: V.S. INDUSTRY BERHAD
Stock Name: VS
Date Announced: 26/10/2010

Announcement Detail:
Type: Announcement

Subject: Purchase of property and vehicles by subsidiary

Contents: Pursuant to Paragraph 10.05(2) of the Main Market Listing Requirements, the Board of Directors of V.S. Industry Berhad ("VSI" or "the Company") wishes to announce that its subsidiary, V.S. Plus Sdn. Bhd. ("VSP")(363644-T) has entered into an agreement to purchase a 2.6 hectare freehold land with factory-cum-warehouse together and vehicles for a purchase consideration of RM12.3 million ("the Purchase").

The freehold land comes complete with a single-storey detached factory-cum-warehouse measuring 11,551 sq. metres of floor area, a 3-storey office building with floor area of approximately 2,550 sq. metres, and also encompasses vehicles used on the production floor and warehouse.

The purchase is expected to be completed within 3 months and will be financed by a combination of internally generated funds and borrowings.

The Purchase is located in Senai, Johor, which is within the proximity of VSI's existing headquarters and operations.

In addition, the Purchase is in line with the Company's expansion initiatives. It also enhances VSI's operations in terms of production and warehousing capacity to enable the Group to increase its clientele and to meet the Company's clientele's manufacturing requirements.

None of the Directors and/or major shareholders of the Company and/or persons connected to them have any interest, direct or indirect, in the Purchase.


GTRONIC - General Announcement

Announcement Type: General Announcement
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 26/10/2010

Announcement Detail:
Type: Announcement

Subject: Globetronics Technology Bhd ("GTB" or "the Company")
- Notification of dealings by Directors of GTB during closed period

Contents: In accordance with paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Ng Kweng Chong and Ng Kok Khuan, the Directors of GTB had transacted dealings in the securities of GTB during closed period via Glencare Sdn Bhd which they are deemed interested. The details as set out in Table 1 and 2 below.

This announcement is dated 26 October 2010.


GTRONIC - Quarterly rpt on consolidated results for the financial period ended 30/9/2010

Announcement Type: Financial Results
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 26/10/2010

Announcement Detail:
Financial Year End: 31/12/2010

Quarter: 3

Quarterly report for the financial period ended: 30/09/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


PATIMAS - General Announcement

Announcement Type: General Announcement
Company Name: PATIMAS COMPUTERS BERHAD
Stock Name: PATIMAS
Date Announced: 26/10/2010

Announcement Detail:
Type: Announcement

Subject: PATIMAS COMPUTERS BERHAD ("PATIMAS")
-INTENTION TO DEAL BY DIRECTORS IN SECURITIES DURING CLOSED PERIOD

Contents: Pursuant to Paragraphs 14.03 and 14.08(a) and (b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), this is to notify you of the notifications received on the intention of Dato' Yap Wee Hin, Madam Law Siew Ngoh, Mr Robert Daniel Tan Kim Leng and Dato' Ng Back Heang, Directors of PATIMAS to deal in the securities of PATIMAS during the closed period.

In accordance with Paragraph 14.08(d) of Bursa Securities, the Directors will inform the Company Secretary of Patimas on the details of their dealings within one (1) full trading day after the transaction.


KHIND - Quarterly rpt on consolidated results for the financial period ended 30/9/2010

Announcement Type: Financial Results
Company Name: KHIND HOLDINGS BERHAD
Stock Name: KHIND
Date Announced: 26/10/2010

Announcement Detail:
Financial Year End: 31/12/2010

Quarter: 3

Quarterly report for the financial period ended: 30/09/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


AKN - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: AKN TECHNOLOGY BHD
Stock Name: AKN
Date Announced: 26/10/2010

Announcement Detail:
Type: Announcement

Subject: AKN TECHNOLOGY BHD ("AKN" or the "Company")
Regularisation plan to comply with Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")

Contents: Reference is made to the announcement dated 27 September 2010.

On behalf of the Board of Directors of AKN, HwangDBS Investment Bank Berhad wishes to announce that the Company had today submitted an appeal to Bursa Securities against its decision to reject the Company's proposed regularisation plan.

This announcement is dated 26 October 2010.


UDSCAP - CHANGE IN REMUNERATION COMMITTEE

Announcement Type: General Announcement
Company Name: UDS CAPITAL BERHAD
Stock Name: UDSCAP
Date Announced: 26/10/2010

Announcement Detail:
Type: Announcement

Subject: CHANGE IN REMUNERATION COMMITTEE

Contents: The Board of Directors of UDS Capital Berhad wishes to inform that with effect from 26 October 2010, there is a change of Remuneration Committee by virtue of the vacation of office as director by Tan Sri Dato' Seri Tan King Tai @ Tan Khoon Hai pursuant to para 15.05(3)(c) of the Main Market Listing Requirements and in place thereof by Mr. Ng Sey Wee @ Ang Seh Wee. Hence, the Remuneration Committee comprises of the following members:



Chairman

Hj. Ismail Bin Tunggak @ Hj. Ahmad - Independent & Non-Executive Director

Members

Mr. Tan Kui Hwa - Independent & Non-Executive Director

Mr. Ng Sey Wee @ Ang Seh Wee - Executive Director



No comments:

Post a Comment