November 30, 2010

Company announcements: CHEETAH, SATANG, IRMGRP, KEN, AXIS, GFB, KYM, SAPCRES, KAMDAR

CHEETAH - Change in Boardroom

Announcement Type: Change in Boardroom
Submitting Merchant Bank: -
Company Name: CHEETAH HOLDINGS BERHAD
Stock Name: CHEETAH
Date Announced: 30/11/2010

Announcement Detail:
Date of change: 30/11/2010

Type of change: Redesignation

Previous Position: Non-Executive Director

New Position: Non-Executive Director

Directorate: Independent & Non Executive

Name: Yeoh Chong Keat

Age: 52

Nationality: Malaysian

Qualifications: Mr Yeoh is a Fellow of the Institute of Chartered Accountants in England and Wales, a Fellow of the Malaysian Institute of Taxation, a Chartered Accountant of the Malaysian Institute of Accountants and a Member of the Malaysian Institute of Certified Public Accountants.

Working experience and occupation: He trained and qualified as a Chartered Accountant with Deloitte Haskins & Sells, UK (now PricewaterhouseCoopers, UK). He was formerly the Head of Corporate Services of an international accounting firm in Kuala Lumpur for over 10 years. He founded Archer Corporate Services Sdn Bhd ("Archer") in 1999 and is the President/Chief Executive Officer of Archer which provides corporate secretarial services to public listed companies and large groups of private companies of which he is the Company Secretary.

Directorship of public companies (if any): 1. Lien Hoe Corporation Berhad
2. Nagamas International Berhad
3. Key West Global Telecommunications Berhad
4. XOX Berhad
5. Tambun Indah Land Berhad

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: 24,501 ordinary shares of RM0.50 each (0.02%) in the Company

Remarks: Mr Yeoh Chong Keat was re-designated from a Non-Independent Non-Executive Director to an Independent Non-Executive Director with effect from 30 November 2010 following his re-election to office at the Company's Thirteenth Annual General Meeting held today.


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

Announcement Type: Financial Results
Submitting Merchant Bank: -
Company Name: CHEETAH HOLDINGS BERHAD
Stock Name: CHEETAH
Date Announced: 30/11/2010

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)


SATANG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 30/11/2010

Announcement Detail:
Type: Announcement

Subject: SATANG HOLDINGS BERHAD ("SATANG" OR THE "COMPANY")

PROPOSED DISPOSAL BY SATANG OF ALL THAT PIECE OF FREEHOLD LAND MEASURING 20,234 SQUARE METRES (APPROXIMATELY 217,798.77 SQUARE FEET) HELD UNDER LOT NO. 64216, TITLE NO. GRN 58802 IN THE MUKIM OF DAMANSARA, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN TO MEGA REGAL DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM18.0 MILLION ("PROPOSED DISPOSAL")

Contents: On behalf of the Board of Directors of Satang, OSK Investment Bank Berhad is pleased to announce that Satang had on 30 November 2010 entered into a conditional sale and purchase agreement with Mega Regal Development Sdn Bhd for the proposed disposal of all that piece of freehold land measuring 20,234 square metres (approximately 217,798.77 square feet) held under Lot No. 64216, Title No. Grn 58802 in the Mukim of Damansara, District of Petaling, State of Selangor Darul Ehsan for a total cash consideration of RM18.0 million.

Further details on the Proposed Disposal are set out in the attachment.

This announcement is dated 30 November 2010.

Attachments: Satang- Announcement.pdf


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

Announcement Type: Financial Results
Company Name: IRM GROUP BERHAD
Stock Name: IRMGRP
Date Announced: 30/11/2010

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)


KEN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: KEN HOLDINGS BERHAD
Stock Name: KEN
Date Announced: 30/11/2010

Announcement Detail:
Date of buy back: 30/11/2010

Description of shares purchased: Ordinary shares @ RM1/- each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 105,000

Minimum price paid for each share purchased ($$): 0.980

Maximum price paid for each share purchased ($$): 0.980

Total consideration paid ($$): 103,342.57

Number of shares purchased retained in treasury (units): 105,000

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

Cumulative net outstanding treasury shares as at to-date (units): 3,370,800

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 (%): 3.52


AXIS - General Announcement

Announcement Type: General Announcement
Company Name: AXIS INCORPORATION BERHAD
Stock Name: AXIS
Date Announced: 30/11/2010

Announcement Detail:
Type: Announcement

Subject: AXIS INCORPORATION BERHAD ("Axis" or "the Company")
- Court Order on the Application for Judicial Review No. 25-74-2010, in respect of the Decision of the Appeal against De-Listing of the Securities of Axis from the Official List of Bursa Malaysia Securities Berhad ("Bursa Securities")

Contents: Further to the announcement of 29 November 2010, the Board of Directors of Axis wishes to announce that in addition to leave to commence judicial review, the High Court also ordered in Judicial Review No. 25-74-2010 on 29 November 2010 that execution of the decision to delist Axis made on 18 october 2010 is thereby stayed pending the final disposal of the judicial review hearing.

This announcement is made on 30 November 2010


GFB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 30/11/2010

Announcement Detail:
Date of buy back: 30/11/2010

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 5,000

Minimum price paid for each share purchased ($$): 1.360

Maximum price paid for each share purchased ($$): 1.360

Total consideration paid ($$): 6,849.84

Number of shares purchased retained in treasury (units): 5,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,878,000

Adjusted issued capital after cancellation (no. of shares) (units): 56,616,106

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.32

Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.

This announcement is dated 30/11/2010.


KYM - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: KYM HOLDINGS BERHAD
Stock Name: KYM
Date Announced: 30/11/2010

Announcement Detail:
Type: Announcement

Subject: PROPOSED ACQUISITION BY POLYPULP ENTERPRISES SDN BHD ("POLYPULP"), A WHOLLY OWNED SUBSIDIARY OF KYM, OF 50,000 ORDINARY SHARES OF RM1.00 EACH IN TEGAS CONSOLIDATED SDN BHD ("TEGAS") REPRESENTING 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TEGAS NOT ALREADY HELD BY POLYPULP FROM DATO' AYOUB BIN ISMAIL AND DATIN MIRIAM NAZLEE BT TAN SRI A. B. SAMAD FOR A PURCHASE CONSIDERATION OF RM3,000,000 ("PROPOSED ACQUISITION")

Contents: Further to the announcement dated 10 November 2010, MIMB Investment Bank Berhad ("MIMB"), on behalf of the Board of Directors of KYM Holdings Berhad ("KYM"), is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has, vide its approval letter dated 30 November 2010, approved the listing application in relation to the Proposed Acquisition subject to the following conditions:-

(a) KYM and MIMB must fully comply with the relevant provisions under the Bursa Securities Main Market Listing Requirements pertaining to the implementation of the Proposed Acquisition;

(b) KYM and MIMB to inform Bursa Securities upon the completion of the Proposed Acquisition;

(c) KYM and MIMB to furnish Bursa Securities with a certified true copy of the resolution passed by KYM's shareholders approving the Proposed Acquisition prior to the quotation of the consideration shares to be issued pursuant to the Proposed Acquisition; and

(d) KYM to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Acquisition is completed.


This announcement is dated 30 November 2010.


SAPCRES - General Announcement

Announcement Type: General Announcement
Company Name: SAPURACREST PETROLEUM BERHAD
Stock Name: SAPCRES
Date Announced: 30/11/2010

Announcement Detail:
Type: Announcement

Subject: Letter of Award of Contract from PTTEP Australasia (Ashmore Cartier) Pty Ltd for the provision of offshore transportation and construction activities for the Montara Development Project

Contents: The Board of Directors of SapuraCrest Petroleum Berhad ("Company") is pleased to announce that SapuraAcergy Sdn Bhd ("SASB") has received a Letter of Award of Contract dated 25 November 2010 ("Contract") from PTTEP Australasia (Ashmore Cartier) Pty Ltd ("PTTEPAAA") for the provision of offshore transportation and construction activities for PTTEPAAA's Montara Development Project ("Works") in Australia. The Contract was duly accepted by SASB today.

SASB is a joint venture company equally owned by SapuraCrest Petroleum Berhad and Acergy SA.

The Works would require the engineering, procurement, load out, transportation and construction activities for the removal and disposal of the existing topside and the transportation and installation of new pipelines, risers, umbilicals, spools, manifolds, mooring systems and a replacement topside, all of which to be undertaken at PTTEPAAA's Montara Development Project.

The Montara Development Project is located in the southern Timor Sea approximately 650km west of Darwin.

Engineering and project preparations will commence immediately and subject to finalisation of schedules, the Works are expected to be executed in 2011 using the Sapura 3000, SASB's versatile state of the art dynamic positioning heavy lift and pipelay vessel.

The value of the Contract awarded is approximately USD160 million.

This project award reiterates the recognition of SASB's capability to offer competitive solutions for both conventional and deepwater projects within the Asia Pacific region.

The award of the Contract will have no effect on the issued and paid-up capital of the Company and is expected to contribute positively to the Group's net tangible assets for the financial year ending 31 January 2011 and the financial periods thereafter in the duration of the Contract.

None of the Directors nor Substantial Shareholders of the Company nor persons connected with them have any direct or indirect interest in the award of the Contract.

This announcement is dated 30 November 2010.


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

Announcement Type: Financial Results
Company Name: KAMDAR GROUP (M) BERHAD
Stock Name: KAMDAR
Date Announced: 30/11/2010

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)



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