November 1, 2010

Company announcements: AHB, SCOMIEN, GUNUNG, UPA, NGIUKEE

AHB - AHB HOLDINGS BERHAD ("AHB") - NOTICE OF SEVENTEENTH ANNUAL GENERAL MEETING ("17th AGM")

Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: AHB HOLDINGS BERHAD
Stock Name: AHB
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: AHB HOLDINGS BERHAD ("AHB") - NOTICE OF SEVENTEENTH ANNUAL GENERAL MEETING ("17th AGM")

Contents: The Board of Directors of AHB wishes to announce that the 17th AGM of AHB will be held at Room Mezzanine 9, Crowne Plaza Mutiara Kuala Lumpur, Jalan Sultan Ismail, 50250 Kuala Lumpur on Thursday, 25 November 2010 at 2.30 p.m., for the purpose of transacting the business as set out in the notice of 17th AGM, as attached herewith for your attention.

This announcement is dated 1 November 2010.

Attachments: AGM Notice.pdf


SCOMIEN - Dealings in Securities by Principal Officer during Closed Period

Announcement Type: General Announcement
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in Securities by Principal Officer during Closed Period

Contents: Pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, En Hilmy Zaini Zainal, a principal officer of the Company, has dealt in the securities of the Company as set out in Table 1 hereunder.

This announcement is dated 1 November 2010.


GUNUNG - General Announcement

Announcement Type: General Announcement
Company Name: GUNUNG CAPITAL BERHAD
Stock Name: GUNUNG
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: GUNUNG CAPITAL BERHAD ("GUNUNG" OR THE "COMPANY")

LEASE AGREEMENT FOR THE LEASING OF VEHICLES TO KORAKAN CORPORATION SDN BHD ("LEASE ARRANGEMENT")

Contents: The Board of Directors of Gunung wishes to announce that Gunung Resources Sdn Bhd ("GRSB"), a wholly-owned subsidiary of Gunung, had on 1 November 2010, entered into a lease agreement with Korakan Corporation Sdn Bhd ("Korakan") for the lease of 84 units of 4X4 Ford Ranger and 168 units of Kia Pregio vans ("Vehicles") by GRSB to Korakan for a period of 36 months from 1 January 2011 to 31 December 2013, at an annual sum of RM5.04 million ("Lease Agreement"). The aforesaid annual sum is payable in instalments of RM420,000 per month.

Salient terms of the Lease Agreement are as follows:-

i) Korakan shall not sublease all or any part of the Vehicles or assign this lease in whole or in part without GRSB's consent.

ii) GRSB throughout the lease tenure must ensure that the Vehicles are licensed by the Commercial Vehicle Licensing Board ("CVLB") under 'Hire & Drive' category and further specified for government usage only. In the event that the commercial vehicle licences are not obtained or not renewed by GRSB after expiry or withdrawn by the CVLB during the lease tenure, Korakan has the right to immediately terminate the Lease Agreement and GRSB waives the right to claim any damages against Korakan.

iii) GRSB undertakes that during the lease tenure, all the Vehicles provided by GRSB shall not be older than 7 years.

iv) Korakan shall be relieved from paying lease payments and other charges during any portion of the lease tenure that the Vehicles are inoperable for use in whole or in part, for Korakan's purposes.

v) If Korakan shall at any time failed to make lease payments when due to GRSB, and the default shall continue for fifteen (15) days after written notice given to Korakan by GRSB, GRSB may declare the term of this lease ended and terminated by giving Korakan written notice of such intention, and if the Vehicles are not surrendered, GRSB may re-possess the Vehicles. Korakan shall be liable to pay GRSB a sum of RM420,000 per month for the remaining tenure of lease contract.

vi) In the event GRSB fails to insure the Vehicles, renew the road tax, replace inoperable vehicles, and procure the relevant license from the CVLB, throughout the lease tenure, Korakan has the right to terminate the Lease Agreement and neither party will have the right to claim damages against each other.


The Lease Arrangement will not have any effect on the consolidated earnings per share and consolidated net assets per share of Gunung for the current financial year ending 31 December 2010 as the lease tenure commences from 1 January 2011. The Lease Arrangement is expected to contribute positively to the consolidated earnings per share and consolidated net assets per share of Gunung for the financial years ending 31 December 2011, 2012 and 2013. It is not expected to have any material effect on the gearing of Gunung and its subsidiaries, and has no effect on the share capital and substantial shareholders' shareholdings in Gunung.

The Lease Arrangement is not subject to approval of shareholders of the Company or any relevant authorities.

None of the directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the Lease Arrangement.

Dato' Syed Abu Hussin Bin Hafiz Syed Abdul Fasal, a director and an indirect major shareholder of Korakan, is also a director and major shareholder of GPB Corporation Sdn Bhd("GPB"), a 51%-owned subsidiary of Gunung. Pursuant to the provisions of Paragraph 10.08 (11) (o) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Lease Arrangement is not regarded as a related party transaction in view that GPB is not the transacting party.

This announcement is dated 1 November 2010.


UPA - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: UPA CORPORATION BHD
Stock Name: UPA
Date Announced: 01/11/2010

Announcement Detail:
Date of change: 29/10/2010

Type of change: Appointment

Designation: Secretary

License no.: MACS 00550

Name: Chok Kwee Wah


UPA - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: UPA CORPORATION BHD
Stock Name: UPA
Date Announced: 01/11/2010

Announcement Detail:
Date of change: 29/10/2010

Type of change: Appointment

Designation: Secretary

License no.: MAICSA 7056310

Name: Tan Kean Wai


UPA - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: UPA CORPORATION BHD
Stock Name: UPA
Date Announced: 01/11/2010

Announcement Detail:
Date of change: 29/10/2010

Type of change: Resignation

Designation: Secretary

License no.: MAICSA 0809434

Name: Hoh Fong Yin


UPA - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: UPA CORPORATION BHD
Stock Name: UPA
Date Announced: 01/11/2010

Announcement Detail:
Date of change: 29/10/2010

Type of change: Resignation

Designation: Secretary

License no.: MAICSA 7061761

Name: Lee Siew Teng


UPA - Change of Address

Announcement Type: Change of Address
Company Name: UPA CORPORATION BHD
Stock Name: UPA
Date Announced: 01/11/2010

Announcement Detail:
Change description: Registered

Old address: 53A, Jalan SS21/1A
Damansara Utama
47400 Petaling Jaya
Selangor Darul Ehsan

New address: Lot 10, The Highway Centre
Jalan 51/205
46050 Petaling Jaya
Selangor Darul Ehsan

Telephone no: 03-7784 3922

Facsimile no: 03-7784 1988

E-mail address: binawin@streamyx.com

Effective date: 29/10/2010


NGIUKEE - General Announcement

Announcement Type: General Announcement
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: NGIU KEE CORPORATION (M) BERHAD ("NKCB") 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 ("LR") OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Contents: With reference to the monthly announcements on 1 July 2010, 2 August 2010, 1 September 2010 and 1 October 2010 pursuant to PN 1 of the LR, the Board of Directors of NKCB wishes to inform that there have not been any changes in the default since then.

NKCB wishes to inform that the negotiation on restructuring the outstanding loan with Bank Islam Malaysia Berhad is still ongoing and any updates or further details will be announced in due course.

This announcement is dated 1 November 2010.


NGIUKEE - General Announcement

Announcement Type: General Announcement
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: NGIU KEE CORPORATION (M) BERHAD ("NKCB") or ("the Company)
-MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("PN 17") OF THE MAIN MARKET LISTING REQUIREMENTS ("LR") OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ON THE STATUS OF PLANS TO REGULARISE THE COMPANY'S FINANCIAL POSITION

Contents: We refer to the Company's announcements dated 1 July 2010, 2 August 2010, 1 September 2010 and 1 October 2010 pertaining to the monthly announcements pursuant to PN 17 of the LR of Bursa Securities. NKCB wishes to announce that the Company is still in the midst of formulating the Regularization Plan to regularize the financial condition of the Company.

The Company has approximately another eight (8) months to submit its Regularisation Plan to the relevant authorities for approval and any updates or further details will be announced in due course.

This announcement is dated 1 November 2010.



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