KNM-HA - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: KNM-HA: PW KNM GROUP BERHAD (OSK)
Stock Name: KNM-HA
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED PUT WARRANTS OVER ORDINARY SHARES OF KNM GROUP BERHAD ("KNM") ("KNM-HA")
Contents: EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED PUT WARRANTS OVER ORDINARY SHARES OF KNM GROUP BERHAD ("KNM") ("KNM-HA")
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: KNM-HA: PW KNM GROUP BERHAD (OSK)
Stock Name: KNM-HA
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED PUT WARRANTS OVER ORDINARY SHARES OF KNM GROUP BERHAD ("KNM") ("KNM-HA")
Contents: EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED PUT WARRANTS OVER ORDINARY SHARES OF KNM GROUP BERHAD ("KNM") ("KNM-HA")
CAB - General Announcement
Announcement Type: General Announcement
Company Name: CAB CAKARAN CORPORATION BERHAD
Stock Name: CAB
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: KUALA LUMPUR HIGH COURT WINDING-UP PETITION
NO. 28NCC-178-2010
WELLPRADE SDN. BHD. vs KYROS INTERNATIONAL SDN. BHD.
Contents: KUALA LUMPUR HIGH COURT WINDING-UP PETITION NO. 28NCC-178-2010
WELLPRADE SDN. BHD. vs KYROS INTERNATIONAL SDN. BHD.
Company Name: CAB CAKARAN CORPORATION BERHAD
Stock Name: CAB
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: KUALA LUMPUR HIGH COURT WINDING-UP PETITION
NO. 28NCC-178-2010
WELLPRADE SDN. BHD. vs KYROS INTERNATIONAL SDN. BHD.
Contents: KUALA LUMPUR HIGH COURT WINDING-UP PETITION NO. 28NCC-178-2010
WELLPRADE SDN. BHD. vs KYROS INTERNATIONAL SDN. BHD.
KAWAN - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Company Name: KAWAN FOOD BERHAD
Stock Name: KAWAN
Date Announced: 23/11/2010
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)
Company Name: KAWAN FOOD BERHAD
Stock Name: KAWAN
Date Announced: 23/11/2010
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)
VASTALX - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 23/11/2010
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)
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 23/11/2010
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)
FITTERS - General Announcement
Announcement Type: General Announcement
Company Name: FITTERS DIVERSIFIED BERHAD
Stock Name: FITTERS
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: FITTERS DIVERSIFIED BERHAD ('FITTERS" or "the Company")
- Acquisition Of The Remaining 490,000 Ordinary Shares Of RM1.00 Each In Z'odd Design Sdn. Bhd. ("Z'odd") Representing 49% Equity Capital Of Z'odd By FITTERS Engineering Services Sdn. Bhd.
Contents: 1. INTRODUCTION
The Board of Directors of FITTERS wishes to announce that its wholly owned subsidiary, FITTERS Engineering Services Sdn. Bhd. (Company No. 50317-H) ("FES") has on 23 November 2010 acquired 490,000 ordinary shares of RM1.00 each in Z'odd Design Sdn. Bhd. (Company No. 499482-T) ("Z'odd") representing 49% of the equity capital of Z'odd from Mr. Yap Meow Hoo (NRIC No. 730806-14-5191), Mr. Leong Ying Chung (NRIC No. 730628-05-5125) and Mr. Tan Ah Soon (NRIC No. 511117-07-5183) ("the Vendor") at a total cash consideration of RM3.00 ("the Acquisition").
The details of structure of shares held by the Vendor are laid out in the Table A in the Table Section of this announcement.
2. BACKGROUND INFORMATION
2.1 Information on FES
FES is a company incorporated in Malaysia under the Companies Act, 1965 ("the Act") on 4 September 1979, having its registered office at Unit 07-02, Level 7, Persoft Tower, 6B Persiaran Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan and has an authorised share capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each of which 2,100,000 ordinary shares of RM1.00 each have been issued and fully paid-up. The principal activity of FES is design, manufacture, assemble, supply and installation of fire fighting, protection and prevention systems and equipment.
2.2 Information on Z'odd
Z'odd is a company incorporated in Malaysia under the Act on 22 November, 1999, having its registered office at Unit 07-02, Level 7, Persoft Tower, 6B Persiaran Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan and has an authorised share capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each of which 1,000,000 ordinary shares of RM1.00 each have been issued and fully paid-up. The principal activity of Z'odd specialist themed works contractor / turnkey contractor.
Upon the completion of the Acquisition, Z'odd will become a wholly own subsidiary of FES and sub-subsidiary of FITTERS.
2.3 Information on Vendor
(a) Mr. Yap Meow Hoo, (NRIC No. 730806-14-5191) of No. 286 RI, Jalan Sentul Pasar, 51000 Kuala Lumpur is the registered shareholder of 200,000 ordinary shares of RM1.00 each in Z'odd.
(b) Mr. Leong Ying Chung, (NRIC No. 730628-05-5125) of No. 1013, Starlight Park, Jalan Tampin, 70100 Seremban is the registered shareholder of 200,000 ordinary shares of RM1.00 each in Z'odd.
(c) Mr. Tan Ah Soon, (NRIC No. 511117-07-5183) of E13-9, Dover Park, Sri Putramas 1, Jalan Putramas 1, Sri Putramas Off Jalan Kuching, 51200 Kuala Lumpur is the registered shareholder of 90,000 ordinary shares of RM1.00 each.
3. DETAILS OF THE ACQUISITION
3.1 Basis Of Arriving At The Consideration
The consideration was arrived at by a process of negotiation between FES and the Vendor on a willing buyer-willing seller basis.
The shares were merely transferred based on mutual agreement and there is no agreement entered into for the Acquisition.
3.2 Liabilities To Be Assumed By FES Arising from the Acquisition
There is no liability to be assumed by FES.
4. RATIONAL OF THE ACQUISITION
With the Acquisition of the remaining 49% of the equity capital of Z'odd by FES, FITTERS Group will be able to focus and better manage its operational requirements in view of the potential pipeline theming projects that are secured and work expected to commence early 2011 in Malaysia, Singapore, Hong Kong and China.
The Acquisition would therefore, contribute positively to the future profit of Z'odd and FITTERS Group.
5. FINANCIAL EFFECTS OF THE ACQUISITION
5.1 Share Capital and Substantial Shareholders' Shareholdings
The Acquisition will not have any effect on the issued and paid-up share capital and the substantial shareholders' shareholdings of FITTERS.
5.2 Earnings and Net Assets
The Acquisition will not have any material effect on the earnings per share and net assets per share of the Group for the financial year ending 31 December 2010.
5.3 Gearing
The Acquisition will not have any effect on the gearing of the Group for the financial year ending 31 December 2010.
6. APPROVAL REQUIRED
The Acquisition does not require the approval of the Shareholders of FITTERS or any government authorities.
7. ESTIMATED TIME FRAME FOR COMPLETION
This Acquisition shall be completed by 30 November 2010.
9. DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTERESTS
None of the Directors and/or Substantial Shareholders of the Company and/or persons connected with such Directors or Substantial Shareholders have any interest, direct or indirect in the Acquisition.
10. STATEMENT BY DIRECTORS
Having considered the rationale and all other aspects of the Acquisition, the Board is of the opinion that the Acquisition is in the best interest of the Company.
This announcement is dated 23 November 2010.
Company Name: FITTERS DIVERSIFIED BERHAD
Stock Name: FITTERS
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: FITTERS DIVERSIFIED BERHAD ('FITTERS" or "the Company")
- Acquisition Of The Remaining 490,000 Ordinary Shares Of RM1.00 Each In Z'odd Design Sdn. Bhd. ("Z'odd") Representing 49% Equity Capital Of Z'odd By FITTERS Engineering Services Sdn. Bhd.
Contents: 1. INTRODUCTION
The Board of Directors of FITTERS wishes to announce that its wholly owned subsidiary, FITTERS Engineering Services Sdn. Bhd. (Company No. 50317-H) ("FES") has on 23 November 2010 acquired 490,000 ordinary shares of RM1.00 each in Z'odd Design Sdn. Bhd. (Company No. 499482-T) ("Z'odd") representing 49% of the equity capital of Z'odd from Mr. Yap Meow Hoo (NRIC No. 730806-14-5191), Mr. Leong Ying Chung (NRIC No. 730628-05-5125) and Mr. Tan Ah Soon (NRIC No. 511117-07-5183) ("the Vendor") at a total cash consideration of RM3.00 ("the Acquisition").
The details of structure of shares held by the Vendor are laid out in the Table A in the Table Section of this announcement.
2. BACKGROUND INFORMATION
2.1 Information on FES
FES is a company incorporated in Malaysia under the Companies Act, 1965 ("the Act") on 4 September 1979, having its registered office at Unit 07-02, Level 7, Persoft Tower, 6B Persiaran Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan and has an authorised share capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each of which 2,100,000 ordinary shares of RM1.00 each have been issued and fully paid-up. The principal activity of FES is design, manufacture, assemble, supply and installation of fire fighting, protection and prevention systems and equipment.
2.2 Information on Z'odd
Z'odd is a company incorporated in Malaysia under the Act on 22 November, 1999, having its registered office at Unit 07-02, Level 7, Persoft Tower, 6B Persiaran Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan and has an authorised share capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each of which 1,000,000 ordinary shares of RM1.00 each have been issued and fully paid-up. The principal activity of Z'odd specialist themed works contractor / turnkey contractor.
Upon the completion of the Acquisition, Z'odd will become a wholly own subsidiary of FES and sub-subsidiary of FITTERS.
2.3 Information on Vendor
(a) Mr. Yap Meow Hoo, (NRIC No. 730806-14-5191) of No. 286 RI, Jalan Sentul Pasar, 51000 Kuala Lumpur is the registered shareholder of 200,000 ordinary shares of RM1.00 each in Z'odd.
(b) Mr. Leong Ying Chung, (NRIC No. 730628-05-5125) of No. 1013, Starlight Park, Jalan Tampin, 70100 Seremban is the registered shareholder of 200,000 ordinary shares of RM1.00 each in Z'odd.
(c) Mr. Tan Ah Soon, (NRIC No. 511117-07-5183) of E13-9, Dover Park, Sri Putramas 1, Jalan Putramas 1, Sri Putramas Off Jalan Kuching, 51200 Kuala Lumpur is the registered shareholder of 90,000 ordinary shares of RM1.00 each.
3. DETAILS OF THE ACQUISITION
3.1 Basis Of Arriving At The Consideration
The consideration was arrived at by a process of negotiation between FES and the Vendor on a willing buyer-willing seller basis.
The shares were merely transferred based on mutual agreement and there is no agreement entered into for the Acquisition.
3.2 Liabilities To Be Assumed By FES Arising from the Acquisition
There is no liability to be assumed by FES.
4. RATIONAL OF THE ACQUISITION
With the Acquisition of the remaining 49% of the equity capital of Z'odd by FES, FITTERS Group will be able to focus and better manage its operational requirements in view of the potential pipeline theming projects that are secured and work expected to commence early 2011 in Malaysia, Singapore, Hong Kong and China.
The Acquisition would therefore, contribute positively to the future profit of Z'odd and FITTERS Group.
5. FINANCIAL EFFECTS OF THE ACQUISITION
5.1 Share Capital and Substantial Shareholders' Shareholdings
The Acquisition will not have any effect on the issued and paid-up share capital and the substantial shareholders' shareholdings of FITTERS.
5.2 Earnings and Net Assets
The Acquisition will not have any material effect on the earnings per share and net assets per share of the Group for the financial year ending 31 December 2010.
5.3 Gearing
The Acquisition will not have any effect on the gearing of the Group for the financial year ending 31 December 2010.
6. APPROVAL REQUIRED
The Acquisition does not require the approval of the Shareholders of FITTERS or any government authorities.
7. ESTIMATED TIME FRAME FOR COMPLETION
This Acquisition shall be completed by 30 November 2010.
9. DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTERESTS
None of the Directors and/or Substantial Shareholders of the Company and/or persons connected with such Directors or Substantial Shareholders have any interest, direct or indirect in the Acquisition.
10. STATEMENT BY DIRECTORS
Having considered the rationale and all other aspects of the Acquisition, the Board is of the opinion that the Acquisition is in the best interest of the Company.
This announcement is dated 23 November 2010.
FSBM - Outstanding Related Party Receivables
Announcement Type: General Announcement
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: Outstanding Related Party Receivables
Contents: Attached Outstanding Related Party Receivables for 3rd Quarter 2010.
Attachments: FSBM RPT 3Q 2010.pdf
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: Outstanding Related Party Receivables
Contents: Attached Outstanding Related Party Receivables for 3rd Quarter 2010.
Attachments: FSBM RPT 3Q 2010.pdf
FSBM - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 23/11/2010
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)
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 23/11/2010
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)
SEG - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 23/11/2010
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)
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 23/11/2010
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)
SAM - General Announcement
Announcement Type: General Announcement
Company Name: SAM ENGINEERING & EQUIPMENT (M) BERHAD
Stock Name: SAM
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: Related Party Transaction on Purchase of Machinery and Tools by Meerkat Precision Sdn Bhd ("MPSB"), a wholly-owned subsidiary company, from Singapore Aerospace Manufacturing Pte Ltd ("SAM").
Contents: Purchase of Used Machines by MPSB
Company Name: SAM ENGINEERING & EQUIPMENT (M) BERHAD
Stock Name: SAM
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: Related Party Transaction on Purchase of Machinery and Tools by Meerkat Precision Sdn Bhd ("MPSB"), a wholly-owned subsidiary company, from Singapore Aerospace Manufacturing Pte Ltd ("SAM").
Contents: Purchase of Used Machines by MPSB
TRIUMPL - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: TRIUMPHAL ASSOCIATES BHD
Stock Name: TRIUMPL
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: TRIUMPHAL ASSOCIATES BHD. ("TAS" OR THE "COMPANY")
PROPOSED EXTENSION OF TIME TO COMPLETE THE PROPOSED PRIVATE PLACEMENT
Contents: We refer to the announcements dated 3 March 2010, 19 May 2010 and 18 June 2010 in relation to the proposed private placement of up to 10% of the issued and paid-up share capital of TAS ("Proposed Private Placement").
On behalf of the Board of Directors of TAS, MIMB Investment Bank Berhad wishes to announce that the Company had on 23 November 2010 submitted an application to Bursa Malaysia Securities Berhad to seek an extension of time of up to 15 June 2011 to complete the Proposed Private Placement.
This announcement is dated 23 November 2010.
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: TRIUMPHAL ASSOCIATES BHD
Stock Name: TRIUMPL
Date Announced: 23/11/2010
Announcement Detail:
Type: Announcement
Subject: TRIUMPHAL ASSOCIATES BHD. ("TAS" OR THE "COMPANY")
PROPOSED EXTENSION OF TIME TO COMPLETE THE PROPOSED PRIVATE PLACEMENT
Contents: We refer to the announcements dated 3 March 2010, 19 May 2010 and 18 June 2010 in relation to the proposed private placement of up to 10% of the issued and paid-up share capital of TAS ("Proposed Private Placement").
On behalf of the Board of Directors of TAS, MIMB Investment Bank Berhad wishes to announce that the Company had on 23 November 2010 submitted an application to Bursa Malaysia Securities Berhad to seek an extension of time of up to 15 June 2011 to complete the Proposed Private Placement.
This announcement is dated 23 November 2010.
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