October 28, 2010

Company announcements: SINARIA, KBB, TGOFFS, VINTAGE, MAHSING, PRDUREN, YTLCMT, ENG, EKOVEST

SINARIA - Quarterly rpt on consolidated results for the financial period ended 31/8/2010

Announcement Type: Financial Results
Company Name: SINARIA CORPORATION BERHAD
Stock Name: SINARIA
Date Announced: 28/10/2010

Announcement Detail:
Financial Year End: 31/05/2011

Quarter: 1

Quarterly report for the financial period ended: 31/08/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


KBB - General Announcement

Announcement Type: General Announcement
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 28/10/2010

Announcement Detail:
Type: Announcement

Subject: KBB RESOURCES BERHAD ("KBB" or "the Company")
- NOTICE OF INTENTION TO DEAL DURING CLOSED PERIOD PURSUANT TO CHAPTER 14 OF MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Contents: Pursuant to Paragraph 14.08 of the Listing Requirements of Bursa Malaysia Securities Berhad, the Company wish to announce that the following person has given notice of his intention to deal in the ordinary shares of the Company during closed period in connection with the expected release of the Company's third quarterly results for the financial period ended 30 September 2010 and the number of shares held by him as at 28 October 2010 are stated below.

This announcement is dated 28 October 2010.


TGOFFS - General Announcement

Announcement Type: General Announcement
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 28/10/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NS-101028-38298

Subject: REPLY TO QUERY
-AWARD OF CONTRACT FROM CARIGALI-PTTEPI OPERATING COMPANY SDN BHD FOR THE SUPPLY OF TUG AND UTILITY VESSEL("CONTRACT")

Contents: We refer to Bursa Malaysia Securities Berhad's query letter dated 28 October 2010 pertaining to our announcement dated 27 October 2010 and the Company wishes to clarify as follows:-

1) The contract may be renewed depending on future requirements of Carigali-PTTEPI Operating Company Sdn Bhd ("CPOC"). However, in the event the contract is not renewable, Tanjung Offshore Services Sdn Bhd shall be informed accordingly. The contract with CPOC did not state the number of years that the contract may be renewed, in the event it is renewed.

2) The risks associated with the contract are mainly operational risks. Notwithstanding this, the Management shall always ensure strict compliance to the safety and operational procedures for the supply of tug and utility vessel.

This announcement is dated 28 October 2010.

Query Letter content: We refer to your Company's announcement dated 27 October 2010 in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

1. Whether the Contract is renewable. If so, for how many years.

2. The risks in relation to the Contract.


Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully



TAN YEW ENG
Head, Issuers
Listing Division
Regulation

TYE/NZ

c.c:- General Manager & Head, Market Surveillance Department, Market
Supervision Buisness Group, Securities Commission (via fax)


VINTAGE - VTI VINTAGE BERHAD ("VVB" or "the Company") - Letter of Award

Announcement Type: General Announcement
Company Name: VTI VINTAGE BERHAD
Stock Name: VINTAGE
Date Announced: 28/10/2010

Announcement Detail:
Type: Announcement

Subject: VTI VINTAGE BERHAD ("VVB" or "the Company")
- Letter of Award

Contents: 1. INTRODUCTION

The Board of Directors of VVB is pleased to announce that Vintage Roofing & Construction Sdn Bhd ("VRC"), a wholly-owned subsidiary of VVB, had on 28 October 2010, accepted a letter of award from MITC Engineering Sdn Bhd ("MITC") as sub-contractor for "Cadangan 90 Unit Rumah Bandar 2 Tingkat (20' X 60') Di Atas PT Lot 27756 Hingga PT Lot 27920, Mukim Dengkil, Daerah Sepang, Selangor Darul Ehsan Dalam Projek Usahasama Tetuan Setiausaha Kerajaan Selangor (Perbadanan) Dengan Syarikat Azam Perspektif Sdn Bhd" for a contract sum of RM6,259,200.00 (Ringgit Malaysia : Six Million Two Hundred Fifty Nine Thousand Two Hundred Only) ("Proposed Contract").

2. DURATION OF CONTRACT

The construction period for the Proposed Contract are as follow :-

a) Date of Commencement
- 23 October 2010 (Block 1,2,3)
- 25 November 2010 (Block 4 & 5)

b) Date of Completion
- 22 January 2012 (Block 1,2,3)
- 22 February 2012 (Block 4 & 5)

3. FINANCIAL EFFECTS

The Proposed Contract is expected to contribute positively to the earnings of the VVB group.

4. APPROVAL REQUIRED

The Board of Directors, after due consideration, is of the opinion that the Proposed Contract is in the best interest of the Company. The Proposed Contract being incurred in the ordinary course of business, is not subject to the approval of the shareholders.

5. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the Proposed Contract.

This announcement is dated 28 October 2010.


MAHSING - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: MAH SING GROUP BERHAD
Stock Name: MAHSING
Date Announced: 28/10/2010

Announcement Detail:
Type: Announcement

Subject: MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")
(i) Proposed issuance of up to RM325 million nominal value of 7-year Redeemable Convertible Secured Bonds ("Bonds") ("Proposed Bonds Issue"); and
(ii) Proposed increase in the authorised share capital of the Company from RM500,000,000 comprising 1,000,000,000 ordinary shares of RM0.50 each in Mah Sing ("Mah Sing Shares") to RM1,000,000,000 comprising 2,000,000,000 Mah Sing Shares ("Proposed Increase In Authorised Share Capital").

(collectively referred to as the "Proposals")

Contents: We refer to the earlier announcements dated 9 September 2010 and 7 October 2010 in relation to the Proposals.

On behalf of the Board of Directors of Mah Sing, Hong Leong Investment Bank Berhad ("HLIB") wishes to inform that HLIB had, on the even date, submitted the listing application to Bursa Malaysia Securities Berhad in respect of the listing of such new Mah Sing Shares to be issued pursuant to the conversion of the Bonds.

This announcement is dated 28 October 2010.


MAHSING - General Announcement

Announcement Type: General Announcement
Company Name: MAH SING GROUP BERHAD
Stock Name: MAHSING
Date Announced: 28/10/2010

Announcement Detail:
Type: Announcement

Subject: MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")

PROPOSED GRANT OF OPTIONS TO PERSONS CONNECTED TO THE DIRECTORS AND/OR MAJOR SHAREHOLDER OF MAH SING PURSUANT TO THE EMPLOYEES' SHARE OPTION SCHEME ("ESOS") OF MAH SING

Contents: The Board of Directors of Mah Sing wishes to announce that the Company proposes to seek the approval of its shareholders at its forthcoming extraordinary general meeting to be held on a date to be announced later, for the grant of options to following persons:

i) Jane Leong Jheng-Yi, the Executive Assistant to Group Managing Director and the daughter of Tan Sri Dato' Sri Leong Hoy Kum, the Group Managing Director/Group Chief Executive and a major shareholder; and

ii) Jason Kwong Yat Tung, a Project Engineer of a subsidiary of Mah Sing and the son of Leong Yuet Mei, the Non-Independent Non-Executive Director of Mah Sing,

to subscribe for not more than 10% of the new ordinary shares in Mah Sing available to be issued under the ESOS of Mah Sing and subject always to such terms and conditions of, and/or any adjustments which may be made in accordance with, the provisions of the By-Laws governing and constituting the ESOS of the Company ("Proposed Grant of Options").

A Circular to Shareholders setting out the details of the Proposed Grant of Options will be despatched to the shareholders of the Company in due course.

This announcement is dated 28 October 2010.


PRDUREN - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company Name: PERDUREN (M) BERHAD
Stock Name: PRDUREN
Date Announced: 28/10/2010

Announcement Detail:
Date of transaction: 28/10/2010

Currency: Malaysian Ringgit (MYR)

Total number of treasury shares sold (units): 20,000

Total number of treasury shares cancelled (units): 0

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

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

Total amount received for treasury shares sold ($$): 18,265.08

Cumulative net outstanding treasury shares as at to-date (units): 1,411,900

Adjusted issued capital after cancellation/resale (no. of shares) (units): 0

Remarks: c.c. Securities Commission


YTLCMT - General Announcement

Announcement Type: General Announcement
Company Name: YTL CEMENT BERHAD
Stock Name: YTLCMT
Date Announced: 28/10/2010

Announcement Detail:
Type: Announcement

Subject: YTL CEMENT BERHAD ('YTL CEMENT')
- VARIATION IN ACTUAL VALUE OF RECURRENT RELATED PARTY TRANSACTIONS ('RRPT') TRANSACTED FROM ESTIMATED VALUE

Contents: Reference is made to YTL Cement's Circular to Shareholders relating to the Proposed Renewal of Shareholder Mandate and New Shareholder Mandate for RRPT of a revenue or trading nature ('Proposed Mandate') dated 9 November 2009 ('the RRPT Circular'). The ordinary resolution on the Proposed Mandate had been approved by the shareholders of YTL Cement at the Annual General Meeting held on 1 December 2009.

Pursuant to Paragraph 10.09(2)(e) of Bursa Malaysia Securities Berhad Main Market Listing Requirements and Paragraph 2.5 of Practice Note 12, YTL Cement now wishes to announce the variation in the actual value of the RRPT transacted with Yeoh Tiong Lay & Sons Holdings Sdn Bhd and its subsidiaries and associate companies (excluding YTL Corporation Berhad and its subsidiaries and associate companies) ('YTLSH Group') from the estimated value as disclosed in the RRPT Circular as set out in Table A below.

The higher actual value transacted as compared with the estimated/forecasted value was due to the renting of additional office space and aggregation of rental paid by new subsidiary acquired during the year.


ENG - General Announcement

Announcement Type: General Announcement
Company Name: ENG TEKNOLOGI HOLDINGS BHD
Stock Name: ENG
Date Announced: 28/10/2010

Announcement Detail:
Type: Announcement

Subject: Eng Teknologi Holdings Bhd ("ETHB" or "Company")
- Striking off of dormant subsidiary company pursuant to Section 308 of the Companies Act, 1965

Contents: The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Engtek Venture (M) Sdn Bhd (Company No. 449835 V) ("Engtek Venture") had on 28 October 2010 submitted application to Companies Commission of Malaysia ("SSM") for striking off the name of Engtek Venture from the register pursuant to Section 308 of the Companies Act, 1965 ("Proposed Strike Off").

Engtek Venture has been dormant since year 2005. There is no intention to commence any business activities in the future. Thus, the Directors are of the view that it is in the best interest of the Group to strike off Engtek Venture from the register to reduce cost, streamline and align entities within the Group and to create a leaner and efficient corporate structure.

The details of the Proposed Strike Off are set out in the attached document below.

This announcement is dated 28 October 2010.

Attachments: Engtek-strike off_Engtek Ventures.pdf


EKOVEST - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: EKOVEST BERHAD
Stock Name: EKOVEST
Date Announced: 28/10/2010

Announcement Detail:
Type: Announcement

Subject: EKOVEST BERHAD ("EKOVEST")

(I) PROPOSED CASH SUBSCRIPTION OF UP TO RM35 MILLION IN NOMINAL VALUE OF REDEEMABLE SECURED JUNIOR BONDS TO BE ISSUED BY KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD ("KESTURI") ("PROPOSED JUNIOR BONDS SUBSCRIPTION"); AND

(II) PROPOSED EXTENSION ON TENURE OF REDEEMABLE PREFERENCE SHARES SERIES A OF RM1.00 EACH IN KESTURI ("PROPOSED EXTENSION")

(COLLECTIVELY THE "PROPOSALS")

Contents: (Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcements dated 23 July 2010 and 15 September 2010.)



No comments:

Post a Comment