November 29, 2010

Company announcements: BANENG, PLUS, KINSTEL, MYCRON, UEMLAND, KUB, BIG, CENTURY

BANENG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: BANENG HOLDINGS BHD
Stock Name: BANENG
Date Announced: 29/11/2010

Announcement Detail:
Type: Announcement

Subject: BANENG HOLDINGS BHD ("BANENG" OR THE "COMPANY")

PROPOSED DEBT RESTRUCTURING SCHEME;
PROPOSED CAPITAL RECONSTRUCTION;
PROPOSED SHARE PREMIUM REDUCTION;
PROPOSED ACQUISITIONS;
PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION; AND
PROPOSED PROVISION OF FINANCIAL ASSISTANCE
(COLLECTIVELY KNOWN AS THE "PROPOSED RESTRUCTURING SCHEME")

Contents: BANENG HOLDINGS BHD ("BANENG" OR THE "COMPANY")

PROPOSED DEBT RESTRUCTURING SCHEME;
PROPOSED CAPITAL RECONSTRUCTION;
PROPOSED SHARE PREMIUM REDUCTION;
PROPOSED ACQUISITIONS;
PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION; AND
PROPOSED PROVISION OF FINANCIAL ASSISTANCE
(COLLECTIVELY KNOWN AS THE "PROPOSED RESTRUCTURING SCHEME")


PLUS - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: PLUS EXPRESSWAYS BERHAD
Stock Name: PLUS
Date Announced: 29/11/2010

Announcement Detail:
Type: Announcement

Subject: PLUS EXPRESSWAYS BERHAD ("PEB" OR THE "COMPANY")

NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM") IN RELATION TO THE

(I) PROPOSED DISPOSAL OF THE ENTIRE BUSINESS AND UNDERTAKING, INCLUDING ALL ASSETS AND LIABILITIES OF PLUS EXPRESSWAYS BERHAD TO A SPECIAL PURPOSE VEHICLE TO BE HELD BY UEM GROUP BERHAD AND THE EMPLOYEES PROVIDENT FUND BOARD FOR A TOTAL CONSIDERATION OF RM23,000,000,000 ("PROPOSED DISPOSAL"); AND

(II) PROPOSED DISTRIBUTION OF THE CASH PROCEEDS ARISING FROM THE PROPOSED DISPOSAL TO ALL ENTITLED SHAREHOLDERS OF PLUS EXPRESSWAYS BERHAD VIA A PROPOSED SPECIAL DIVIDEND AND PROPOSED SELECTIVE CAPITAL REPAYMENT ("PROPOSED DISTRIBUTION")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: On behalf of the Board of Directors of PEB, RHB Investment Bank Berhad wishes to announce that an EGM of the Company will be held at Banquet Hall, Menara Korporat, Persada PLUS, Persimpangan Bertingkat Subang, KM15, Lebuhraya Baru Lembah Klang, 47301 Petaling Jaya, Selangor Darul Ehsan, Malaysia on Thursday, 23 December 2010 at 10.00 a.m. or at any adjournment thereof, for the purpose of considering and, if thought fit, passing the resolutions as contained in the Notice of EGM to give effect to the Proposals. The full text of the Notice of EGM is attached herewith for your attention.


This announcement is dated 29 November 2010.

Attachments: PEB - Notice of EGM.pdf


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

Announcement Type: Financial Results
Company Name: KINSTEEL BHD
Stock Name: KINSTEL
Date Announced: 29/11/2010

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)


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

Announcement Type: Financial Results
Company Name: MYCRON STEEL BERHAD
Stock Name: MYCRON
Date Announced: 29/11/2010

Announcement Detail:
Financial Year End: 30/06/2011

Quarter: 1

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

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


UEMLAND - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: UEM LAND HOLDINGS BERHAD
Stock Name: UEMLAND
Date Announced: 29/11/2010

Announcement Detail:
Type: Announcement

Subject: UEM LAND HOLDINGS BERHAD ("ULHB")

CONDITIONAL TAKE-OVER OFFER BY ULHB TO ACQUIRE ALL THE ORDINARY SHARES OF RM1.00 EACH IN SUNRISE BERHAD ("OFFER")

Contents: -


KUB - KUB-RESUMPTION OF TRADING

Announcement Type: Listing Circular
Company Name: KUB MALAYSIA BERHAD
Stock Name: KUB
Date Announced: 29/11/2010

Announcement Detail:
Subject: KUB-RESUMPTION OF TRADING

Contents: Further to Listing's Circular No. L/Q 59385 of 2010, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Tuesday, 30 November 2010.

Your attention is drawn to the Company's announcements dated 29 November 2010.


KUB - General Announcement

Announcement Type: General Announcement
Company Name: KUB MALAYSIA BERHAD
Stock Name: KUB
Date Announced: 29/11/2010

Announcement Detail:
Type: Announcement

Subject: KUB Malaysia Berhad ("KUB" or the "Company")
Collaboration with Idaman Saga Sdn Bhd and CVC Capital Partners Asia III Limited

Contents: KUB wishes to announce that QSR Brands Berhad ("QSR") has rejected the revised proposal made by Idaman Saga Sdn Bhd in collaboration with KUB and CVC Capital Partners Asia III Limited to acquire all the business and undertakings of QSR and its subsidiaries at an indicative offer price of RM6.70 per issued ordinary share of RM1.00 each in QSR.


BIG - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 29/11/2010

Announcement Detail:
Date of change: 29/11/2010

Type of change: Redesignation

Previous Position: Member of Audit Committee

New Position: Chairman of Audit Committee

Directorate: Independent & Non Executive

Name: Datuk Sawaludin Bin Md Din

Age: 60

Nationality: Malaysian

Qualifications: MBA, General Management, Pacific Western University, USA
BSc (Economics), University of Monash, Melbourne, Australia

Working experience and occupation: General Manager, Senior General Manager and Director in several companies such as Mezzanine Capital Sdn Bhd, Wembley Industries Holding Berhad and IMPSA Malaysia Sdn Bhd

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Composition of Audit Committee (Name and Directorate of members after change): Chairman:-
Datuk Sawaludin Bin Md Din (Independent Non-Executive Director)

Members:-
Yong Siew Kat (Senior Independent Non-Executive Director)
Tan Sri Dato' Dr. Lau Ban Tin (Independent Non-Executive Director)

Remarks: This announcement is dated 29 November 2010.


BIG - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 29/11/2010

Announcement Detail:
Date of change: 29/11/2010

Type of change: Redesignation

Previous Position: Chairman of Audit Committee

New Position: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Yong Siew Kat

Age: 57

Nationality: Malaysian

Qualifications: Master in Management
Institute of Chartered Secretaries and Administrators

Working experience and occupation: She has vast experience in corporate banking, treasury and corporate finance exercise in new IPOs and other debt and equity-linked capital fund raising exercises. She was previously the General Manager of Corporate Planning in the Lion Group as well as the General Manager of Corporate Finance in Arab Malaysian Securities Sdn. Bhd.

Directorship of public companies (if any): Ngiu Kee Corporation (M) Berhad

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Composition of Audit Committee (Name and Directorate of members after change): Chairman:-
Datuk Sawaludin Bin Md Din (Independent Non-Executive Director)
Members:-
Yong Siew Kat (Senior Independent Non-Executive Director)
Tan Sri Dato' Dr. Lau Ban Tin (Independent Non-Executive Director)

Remarks: This announcement is dated 29 November 2010.


CENTURY - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 29/11/2010

Announcement Detail:
Date of buy back: 29/11/2010

Description of shares purchased: Ordinary Shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 10,000

Minimum price paid for each share purchased ($$): 1.750

Maximum price paid for each share purchased ($$): 1.760

Total consideration paid ($$): 17,520.00

Number of shares purchased retained in treasury (units): 10,000

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

Cumulative net outstanding treasury shares as at to-date (units): 3,294,720

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 (%): 4.02



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