October 22, 2010

Company announcements: NAMFATT, NYLEX, CHINWEL, PRTASCO, EIG, ALAM, SCABLE, BIMB

NAMFATT - General Announcement

Announcement Type: General Announcement
Company Name: NAM FATT CORPORATION BERHAD
Stock Name: NAMFATT
Date Announced: 22/10/2010

Announcement Detail:
Type: Announcement

Subject: Nam Fatt Corporation Berhad ("Nam Fatt" or "Company")
- Extension of Ad Interim Restraining Order (Ad Interim RO)

Contents: Further to the Company's announcement dated 01 September 2010 on the Ad Interim RO granted to the Company and 3 of its subsidiary companies ("Scheme Companies") by the Shah Alam High Court ("Court") pursuant to an interlocutory application in Originating Summons No. 24-569-2010 which is the main application by the Scheme Companies under Section 176 of the Companies Act 1965, the Company wishes to announce that the Court has on 22 October 2010 granted a further extension to the Ad Interim RO pending decision of the Originating Summons on 12 November 2010.

This announcement is dated 22 October 2010.


NYLEX - General Announcement

Announcement Type: General Announcement
Company Name: NYLEX (MALAYSIA) BERHAD
Stock Name: NYLEX
Date Announced: 22/10/2010

Announcement Detail:
Type: Announcement

Subject: NYLEX (MALAYSIA) BERHAD
Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature ("RRPT")

- Deviation between estimated and actual RRPT value

Contents: We refer to our circular issued on 4 November 2009, the shareholders' mandate for RRPT obtained on 26 November 2009 and our announcement made on 15 October 2010 in relation to the deviation between the estimated and actual RRPT value.

For the period from 27 November 2009 to 21 October 2010, the actual storage rentals paid by Dynamic Chemical Trading Pte Ltd ("DYM") to Sinsenmoh Transportation Pte Ltd amounted to RM151,948, an increase of RM12,921 to the actual expenses incurred of RM139,027 disclosed in the announcement made on 15 October 2010. This represents a further deviation of 10.7% (total deviation of 26.6%) between the estimated amount of RM120,000 and actual RRPT value.

The deviation is due to increase in inventories kept in drums to meet export and local sales requirements of DYM.


This announcement is dated 22 October 2010.


CHINWEL - General Announcement

Announcement Type: General Announcement
Company Name: CHIN WELL HOLDINGS BERHAD
Stock Name: CHINWEL
Date Announced: 22/10/2010

Announcement Detail:
Type: Announcement

Subject: Chin Well Holdings Berhad ("CWHB" or "the Company")
- Intention of dealings by Directors of CWHB in the securities of the Company during closed period

Contents: The Company has, on 22 October 2010 received the notifications from Mr. Lim Chien Ch'eng that he intends to deal in the securities of CWHB between 24 October 2010 up to 23 November 2010 during CWHB's closed period. The details of his shareholdings in CWHB is set out in the Table 1 below.

This announcement is dated 22 October 2010.


PRTASCO - ACQUISITION OF A NEW SUBSIDIARY - DE CENTRUM DEVELOPMENT SDN. BHD.

Announcement Type: General Announcement
Company Name: PROTASCO BERHAD
Stock Name: PRTASCO
Date Announced: 22/10/2010

Announcement Detail:
Type: Announcement

Subject: ACQUISITION OF A NEW SUBSIDIARY - DE CENTRUM DEVELOPMENT SDN. BHD.

Contents: The Company wishes to inform that its wholly-owned subsidiary, Protasco Land Sdn. Bhd., had today acquired 2 subscribers' shares in a shelf company known as De Centrum Development Sdn. Bhd. ("DCD") for cash at par, representing 100% paid up share capital of DCD.

The intended business activities of DCD will be property development and investment.

The said acquisition would not have any material effect on the Group's earning and net assets for the financial year ending 31 December 2010.

None of the Directors and Substantial Shareholders of the Company and persons connected with the Directors and Substantial Shareholders of the Company has any interest, direct or indirect, in the above acquisition.


PRTASCO - DISPOSAL OF A DORMANT SUBSIDIARY - FRM ROADWORKS SDN. BHD.

Announcement Type: General Announcement
Company Name: PROTASCO BERHAD
Stock Name: PRTASCO
Date Announced: 22/10/2010

Announcement Detail:
Type: Announcement

Subject: DISPOSAL OF A DORMANT SUBSIDIARY - FRM ROADWORKS SDN. BHD.

Contents: The Company wishes to announce that its wholly owned subsidiary, HCM Engineering Sdn. Bhd. ("HCM") had today disposed its entire 51% equity interest in a dormant subsidiary, FRM Roadworks Sdn. Bhd. ("FRM") for a cash consideration of RM31,553.00 based on its net assets value.

The disposal of the equity interest by HCM in FRM will not have any material effect on the earnings and net assets of Protasco Group for the financial year ending 31 December 2010.

None of the Directors and substantial shareholders of the Company or any persons connected to them has any interest, direct or indirect, in the disposal.


EIG - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: ESTHETICS INTERNATIONAL GROUP BERHAD
Stock Name: EIG
Date Announced: 22/10/2010

Announcement Detail:
Date of change: 22/10/2010

Type of change: Resignation

Designation: Joint Secretary

License no.: MIA8935

Name: Chan Mun Wah


ALAM - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: ALAM MARITIM RESOURCES BERHAD
Stock Name: ALAM
Date Announced: 22/10/2010

Announcement Detail:
Date of change: 15/10/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Puan Fina Norhizah binti Hj Baharu Zaman

Age: 53

Nationality: Malaysian

Qualifications: ACADEMIC QUALIFICATIONS

i. LLB (Honours) University of Malaya (1980)
ii. LLM London School of Economics, University of London (1985)
iii. Diploma in Syariah Law & Practice, International Islamic University (1989)


PROFESSIONAL QUALIFICATIONS

i. Advocate & Solicitor (Malaya) (1986)
ii. Licenced Company Secretary (from 1992-2008)

Working experience and occupation: 1990 - 2007
Joined PETRONAS in 1990 and served the PETRONAS Legal Department in several capacities including heading the legal unit of the Logistics and Maritime Business PETRONAS and heading the Legal and Corporate Secretarial Affairs Division of MISC.

Positions held in PETRONAS

2004 -2007
Senior General Manager, Legal and Corporate Secretarial Affairs Division, MISC Bhd and Head, Logistics and Maritime Business Petronas.

2000 - 2004
Genaral Manager, Legal and Corporate Secretarial Affairs Division, MISC Bhd cum General Manager, Logistics and Maritime Business Petronas.

1998 - 2000
General Manager, Maritime, Petronas.

1994 - 1997
Senior Manager, Petronas Tankers Sdn. Bhd.

1991 - 1994
Manager, Petronas Tankers Sdn. Bhd.

1990 - 1991
Head, Legal & Admin Department, Petronas HQ.

1985 - 1989
Lecturer in the Faculty of Law at the International Islamic University.

1980 - 1984
Assistant Parliamentary Draftsman in the Drafting Division of Malaysian Attorney General's Chamber and Senior Federal Counsel cum Legal Advisor to the Ministry of Transport providing legal advice to the Ministry's Land, Aviation and Maritime Department as well as other affiliated agencies to the Ministry such as the Department of Civil Aviation (DCA), the Marine Department and KTM.

Directorship of public companies (if any): Nil

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: Nil

Composition of Audit Committee (Name and Directorate of members after change): Chairman - Y Bhg Dato' Hj Ab Wahab bin Hj Ibrahim
Member 1 - Y Bhg Dato' Capt Ahmad Sufian @ Qurnain bin Abdul Rashid
Member 2 - Puan Fina Norhizah binti Hj Baharu Zaman


ALAM - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ALAM MARITIM RESOURCES BERHAD
Stock Name: ALAM
Date Announced: 22/10/2010

Announcement Detail:
Date of change: 15/10/2010

Type of change: Appointment

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: Puan Fina Norhizah binti Hj Baharu Zaman

Age: 53

Nationality: Malaysian

Qualifications: ACADEMIC QUALIFICATIONS

i. LLB (Honours) University of Malaya (1980)
ii. LLM London School of Economics, University of London (1985)
iii. Diploma in Syariah Law & Practice, International Islamic University (1989)


PROFESSIONAL QUALIFICATIONS

i. Advocate & Solicitor (Malaya) (1986)
ii. Licenced Company Secretary (from 1992-2008)

Working experience and occupation: 1990 - 2007
Joined PETRONAS in 1990 and served the PETRONAS Legal Department in several capacities including heading the legal unit of the Logistics and Maritime Business PETRONAS and heading the Legal and Corporate Secretarial Affairs Division of MISC.

Positions held in PETRONAS

2004 -2007
Senior General Manager, Legal and Corporate Secretarial Affairs Division, MISC Bhd and Head, Logistics and Maritime Business Petronas

2000 - 2004
Genaral Manager, Legal and Corporate Secretarial Affairs Division, MISC Bhd cum General Manager, Logistics and Maritime Business Petronas

1998 - 2000
General Manager, Maritime, Petronas

1994 - 1997
Senior Manager, Petronas Tankers Sdn. Bhd.

1991 - 1994
Manager, Petronas Tankers Sdn. Bhd.

1990 - 1991
Head, Legal & Admin Department, Petronas HQ

1985 - 1989
Lecturer in the Faculty of Law at the International Islamic University.

1980 - 1984
Assistant Parliamentary Draftsman in the Drafting Division of Malaysian Attorney General's Chamber and Senior Federal Counsel cum Legal Advisor to the Ministry of Transport providing legal advice to the Ministry's Land, Aviation and Maritime Department as well as other affiliated agencies to the Ministry such as the Department of Civil Aviation (DCA), the Marine Department and KTM.

Directorship of public companies (if any): Nil

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: Nil


SCABLE - SARAWAK CABLE BERHAD - MEMORANDUM OF UNDERSTANDING ("MOU")

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: SARAWAK CABLE BERHAD
Stock Name: SCABLE
Date Announced: 22/10/2010

Announcement Detail:
Type: Announcement

Subject: SARAWAK CABLE BERHAD
- MEMORANDUM OF UNDERSTANDING ("MOU")

Contents: We refer to the Company's announcement dated 22 July 2010 on the MOU.

We wish to inform that the Company and Austin Corp. (Malaysia) Sdn Bhd had on 20 October 2010 entered into a conditional share and purchase agreement with Sarawak Energy Berhad and Syarikat SESCO Berhad to acquire 75% and 25% equity interest in Sarwaja Timur Sdn Bhd respectively. Please refer to the Company's announcement dated 20 October 2010 for further details.

Accordingly, the MOU had been terminated.

This announcement is dated 22 October 2010.


BIMB - FOREIGN OWNERSHIP IN BIMB HOLDINGS BERHAD ("THE COMPANY")

Announcement Type: General Announcement
Company Name: BIMB HOLDINGS BERHAD
Stock Name: BIMB
Date Announced: 22/10/2010

Announcement Detail:
Type: Announcement

Subject: FOREIGN OWNERSHIP IN BIMB HOLDINGS BERHAD ("THE COMPANY")

Contents: With reference to the above, we are pleased to announce that as at 30 September 2010, a total of 13,691,636 ordinary shares of RM1.00 each representing approximately 1.28% of the issued and paid-up capital of the Company are held by foreigners.

The said percentage is within 30% maximum allowed to be held by foreigners under the Company's Articles of Association.



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