MTRONIC - General Announcement
Announcement Type: General Announcement
Company Name: METRONIC GLOBAL BERHAD
Stock Name: MTRONIC
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: Notification by Director of Metronic Global Berhad ("MGB" or "the Company") pursuant to Paragraph 14.08 of the Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.08 of the Listing Requirements of Bursa Securities for dealings in securities, the Company has received notification dated 9 November 2010 from Mr. Liew Chiap Hong, the Executive Director of MGB of his intention to deal in MGB's securities during the closed period.
His interests in shares of the Company are set out in the table below.
This announcement is dated 9 November 2010.
Company Name: METRONIC GLOBAL BERHAD
Stock Name: MTRONIC
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: Notification by Director of Metronic Global Berhad ("MGB" or "the Company") pursuant to Paragraph 14.08 of the Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.08 of the Listing Requirements of Bursa Securities for dealings in securities, the Company has received notification dated 9 November 2010 from Mr. Liew Chiap Hong, the Executive Director of MGB of his intention to deal in MGB's securities during the closed period.
His interests in shares of the Company are set out in the table below.
This announcement is dated 9 November 2010.
K1 - K-ONE TECHNOLOGY BERHAD ("THE COMPANY") - Unusual Market Activity
Announcement Type: General Announcement
Company Name: K-ONE TECHNOLOGY BERHAD (ACE Market)
Stock Name: K1
Date Announced: 09/11/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: GG-101109-31555
Subject: K-ONE TECHNOLOGY BERHAD ("THE COMPANY")
- Unusual Market Activity
Contents: We refer to the query from Bursa Malaysia Securities Berhad ("Bursa Securities") dated November 9, 2010 with regards to the unusual sharp rise in price of the Company's securities recently.
Pursuant to Rule 9.11 of the ACE Market Listing Requirements of Bursa Securities ("ACE LR"), the Board of Directors of the Company, after having made due inquiries, wish to clarify that, to the best of their knowledge, they are not aware of any specific major reason to account for the sharp increase in the share price of the Company recently. However, the Company wishes to note that it has recently made the following announcements which may have a positive impact on the market, which includes:-
1) The Company has on November 1, 2010 announced the 3rd quarter 2010 revenue of approximately RM41.9 million and profit attributable to equity holders of the parent Company of RM3 million which is an increase of 68% and 114% respectively over the same quarter last year. Cumulative revenue for the 3 quarters of financial year 2010 was RM100 million and the same for profit attributable to equity holders of the parent Company was approximately RM6.9 million, each representing an increase of 90% and 393% respectively over the same cumulative periods last year.
2) The Company has also on October 14, 2010 announced the signing of a Master Purchase Agreement with Diversey to manufacture Diversey's Non-Chemicals category equipment for industrial cleaning application. The contract is for a period of 3 years to manufacture Diversey's products which include floor care machines, dosing and dispensing equipment. Based on Diversey's forecast, the total contract is valued at approximately RM20 million per year, spanning over the next 3 years i.e. an approximately total value of RM60 million. Diversey is a US global conglomerate with sales turnover of approximately USD3 million for financial year 2009. It is a leading global provider of commercial cleaning and hygiene products and solutions.
Save for the above developments, the Company is unaware of any other rumor or report concerning the business and affairs of the Company that may account for the unusual sharp rise in its share price recently.
The Company will make the necessary announcements of any material information should it fall under ACE LR, in particular Rule 9.03 on immediate disclosure obligations.
The announcement is dated November 9, 2010.
Query Letter content: We draw your attention to the unusual sharp rise in price of your Company's
securities recently.
In accordance with the Corporate Disclosure Policy on Response To UMA pursuant
to rule 9.11 of the ACE Market Listing Requirements of Bursa Malaysia
Securities Berhad ("ACE LR"), you are requested to furnish Bursa Malaysia
Securities Berhad ("Bursa Securities") with an announcement for public release
after making due enquiry with your directors and major shareholders seeking the
cause of the UMA in the Company's securities.
In this respect, you are also required to publicly confirm, amongst others, the
following:-
1. whether there is any corporate development relating to your Group's
business and affairs that has not been previously announced that may account
for the UMA including those in the stage of negotiation / discussion. If yes,
kindly provide the details including the status of the corporate development to
enable investors to make informed investment decision;
2. whether there is any rumour or report concerning the business and affairs of
the Group that may account for the UMA and in this respect, you are required
to comply with rules 9.09 and 9.10 of the ACE LR;
3. whether you are aware of any other possible explanation to account for the
UMA; and
4. your compliance with the ACE LR, in particular rule 9.03 of the ACE LR on
immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.
Yours faithfully
HANITA OTHMAN
Head, Issuers
ACE Market
Listing Division
Regulation
HO/TGG
Company Name: K-ONE TECHNOLOGY BERHAD (ACE Market)
Stock Name: K1
Date Announced: 09/11/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: GG-101109-31555
Subject: K-ONE TECHNOLOGY BERHAD ("THE COMPANY")
- Unusual Market Activity
Contents: We refer to the query from Bursa Malaysia Securities Berhad ("Bursa Securities") dated November 9, 2010 with regards to the unusual sharp rise in price of the Company's securities recently.
Pursuant to Rule 9.11 of the ACE Market Listing Requirements of Bursa Securities ("ACE LR"), the Board of Directors of the Company, after having made due inquiries, wish to clarify that, to the best of their knowledge, they are not aware of any specific major reason to account for the sharp increase in the share price of the Company recently. However, the Company wishes to note that it has recently made the following announcements which may have a positive impact on the market, which includes:-
1) The Company has on November 1, 2010 announced the 3rd quarter 2010 revenue of approximately RM41.9 million and profit attributable to equity holders of the parent Company of RM3 million which is an increase of 68% and 114% respectively over the same quarter last year. Cumulative revenue for the 3 quarters of financial year 2010 was RM100 million and the same for profit attributable to equity holders of the parent Company was approximately RM6.9 million, each representing an increase of 90% and 393% respectively over the same cumulative periods last year.
2) The Company has also on October 14, 2010 announced the signing of a Master Purchase Agreement with Diversey to manufacture Diversey's Non-Chemicals category equipment for industrial cleaning application. The contract is for a period of 3 years to manufacture Diversey's products which include floor care machines, dosing and dispensing equipment. Based on Diversey's forecast, the total contract is valued at approximately RM20 million per year, spanning over the next 3 years i.e. an approximately total value of RM60 million. Diversey is a US global conglomerate with sales turnover of approximately USD3 million for financial year 2009. It is a leading global provider of commercial cleaning and hygiene products and solutions.
Save for the above developments, the Company is unaware of any other rumor or report concerning the business and affairs of the Company that may account for the unusual sharp rise in its share price recently.
The Company will make the necessary announcements of any material information should it fall under ACE LR, in particular Rule 9.03 on immediate disclosure obligations.
The announcement is dated November 9, 2010.
Query Letter content: We draw your attention to the unusual sharp rise in price of your Company's
securities recently.
In accordance with the Corporate Disclosure Policy on Response To UMA pursuant
to rule 9.11 of the ACE Market Listing Requirements of Bursa Malaysia
Securities Berhad ("ACE LR"), you are requested to furnish Bursa Malaysia
Securities Berhad ("Bursa Securities") with an announcement for public release
after making due enquiry with your directors and major shareholders seeking the
cause of the UMA in the Company's securities.
In this respect, you are also required to publicly confirm, amongst others, the
following:-
1. whether there is any corporate development relating to your Group's
business and affairs that has not been previously announced that may account
for the UMA including those in the stage of negotiation / discussion. If yes,
kindly provide the details including the status of the corporate development to
enable investors to make informed investment decision;
2. whether there is any rumour or report concerning the business and affairs of
the Group that may account for the UMA and in this respect, you are required
to comply with rules 9.09 and 9.10 of the ACE LR;
3. whether you are aware of any other possible explanation to account for the
UMA; and
4. your compliance with the ACE LR, in particular rule 9.03 of the ACE LR on
immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.
Yours faithfully
HANITA OTHMAN
Head, Issuers
ACE Market
Listing Division
Regulation
HO/TGG
FOCUS - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: FOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market)
Stock Name: FOCUS
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS" OR "THE COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 11,894,600 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED ("PROPOSED PRIVATE PLACEMENT")
Contents: Further to the announcement dated 28 October 2010 in relation to the above matter, M&A Securities Sdn Bhd on behalf of the Board of Directors of Focus wishes to announce that the listing aplpication for the Placement Shares to be issued pursuant to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad.
This announcement is dated 9 November 2010.
Attachments: Focus PP Ann FINAL.pdf
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: FOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market)
Stock Name: FOCUS
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS" OR "THE COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 11,894,600 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED ("PROPOSED PRIVATE PLACEMENT")
Contents: Further to the announcement dated 28 October 2010 in relation to the above matter, M&A Securities Sdn Bhd on behalf of the Board of Directors of Focus wishes to announce that the listing aplpication for the Placement Shares to be issued pursuant to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad.
This announcement is dated 9 November 2010.
Attachments: Focus PP Ann FINAL.pdf
SANICHI - General Announcement
Announcement Type: General Announcement
Company Name: SANICHI TECHNOLOGY BERHAD (ACE Market)
Stock Name: SANICHI
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: Sanichi Technology Berhad ("Sanichi" or "the Company")
- Announcement pursuant to Guidance Note 5 ("GN5") of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Sanichi wishes to announce that Sanichi (as Corporate Guarantor) and the Company's wholly-owned subsidiary namely Asia Pinnacle Sdn Bhd ("AP") had on 8 November 2010 received Notices of Demand for default in payment of monthly instalments amounting to RM25,744.73 in respect of a Hire-Purchase Facility granted by Orix Credit Leasing Sdn Bhd ("Orix").
Further information required to be disclosed as per GN5 are as follows:
(a) Date of Default
4 November 2010.
(b) Reasons for the Default
Sanichi is unable to pay the monthly instalments as the Group is experiencing cash flow difficulties.
(c) Measures taken by Sanichi to address the Default
The Company will renegotiate with Orix on the repayment terms.
(d) The legal implications of the Default including the extent of Sanichi's liability in respect of the obligations incurred under the agreements for the indebtedness
Orix may enforce legal proceedings on AP and the Company (as the Corporate Guarantor).
(e) The business, financial and operational impact of the Default on Sanichi
Such a default may have an impact on the Group's business, financial and operational aspects but the Company is unable to quantify the impact at this point of time.
(f) In the event the Default is in respect of secured loan stocks or bonds, the lines of action available to the guarantors or security holders against Sanichi
Not applicable.
(g) In the event the Default is in respect of payments under a debenture, to specify whether the Default will empower the debenture holder to appoint a receiver or receiver and manager
Not applicable.
(h) Whether the Default constitutes an event of default under a different agreement for indebtedness (cross default) and the details for such other default, where applicable
Not applicable.
(i) Where the Default is in respect of a subsidiary or associated company, a confirmation as to whether the subsidiary or associated company is a major subsidiary or major associated company, as the case may be
AP is a major subsidiary of the Company.
(j) Where the Default is in respect of a listed corporation, major subsidiary or major associated company, as the case may be, a statement as to whether the listed corporation is solvent ("Solvency Declaration"). In the event the listed issuer is solvent, a statement that the listed issuer undertakes to provide to the Exchange, the Solvency Declaration duly executed by its Board of Directors within 3 market days from this announcement. For this purpose, a listed corporation is regarded as being "solvent" if the majority directors have formed the opinion that the listed corporation will be able to pay all its debts as and when they fall due within a period of 12 months from the date of the announcement
The Company has submitted a Solvency Declaration to Bursa Malaysia Securities Berhad on 29 October 2010.
This announcement is dated 9 November 2010.
Company Name: SANICHI TECHNOLOGY BERHAD (ACE Market)
Stock Name: SANICHI
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: Sanichi Technology Berhad ("Sanichi" or "the Company")
- Announcement pursuant to Guidance Note 5 ("GN5") of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Sanichi wishes to announce that Sanichi (as Corporate Guarantor) and the Company's wholly-owned subsidiary namely Asia Pinnacle Sdn Bhd ("AP") had on 8 November 2010 received Notices of Demand for default in payment of monthly instalments amounting to RM25,744.73 in respect of a Hire-Purchase Facility granted by Orix Credit Leasing Sdn Bhd ("Orix").
Further information required to be disclosed as per GN5 are as follows:
(a) Date of Default
4 November 2010.
(b) Reasons for the Default
Sanichi is unable to pay the monthly instalments as the Group is experiencing cash flow difficulties.
(c) Measures taken by Sanichi to address the Default
The Company will renegotiate with Orix on the repayment terms.
(d) The legal implications of the Default including the extent of Sanichi's liability in respect of the obligations incurred under the agreements for the indebtedness
Orix may enforce legal proceedings on AP and the Company (as the Corporate Guarantor).
(e) The business, financial and operational impact of the Default on Sanichi
Such a default may have an impact on the Group's business, financial and operational aspects but the Company is unable to quantify the impact at this point of time.
(f) In the event the Default is in respect of secured loan stocks or bonds, the lines of action available to the guarantors or security holders against Sanichi
Not applicable.
(g) In the event the Default is in respect of payments under a debenture, to specify whether the Default will empower the debenture holder to appoint a receiver or receiver and manager
Not applicable.
(h) Whether the Default constitutes an event of default under a different agreement for indebtedness (cross default) and the details for such other default, where applicable
Not applicable.
(i) Where the Default is in respect of a subsidiary or associated company, a confirmation as to whether the subsidiary or associated company is a major subsidiary or major associated company, as the case may be
AP is a major subsidiary of the Company.
(j) Where the Default is in respect of a listed corporation, major subsidiary or major associated company, as the case may be, a statement as to whether the listed corporation is solvent ("Solvency Declaration"). In the event the listed issuer is solvent, a statement that the listed issuer undertakes to provide to the Exchange, the Solvency Declaration duly executed by its Board of Directors within 3 market days from this announcement. For this purpose, a listed corporation is regarded as being "solvent" if the majority directors have formed the opinion that the listed corporation will be able to pay all its debts as and when they fall due within a period of 12 months from the date of the announcement
The Company has submitted a Solvency Declaration to Bursa Malaysia Securities Berhad on 29 October 2010.
This announcement is dated 9 November 2010.
FBMKLCI-EA - FTSE Bursa Malaysia KLCI etf - Suspension of In Kind Creation and In-Kind Redemption
Announcement Type: General Announcement
Company Name: FTSE BURSA MALAYSIA KLCI ETF
Stock Name: FBMKLCI-EA
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: FTSE Bursa Malaysia KLCI etf - Suspension of In Kind Creation and In-Kind Redemption
Contents: In-kind creation and in-kind redemption for FTSE Bursa Malaysia KLCI etf (herein referred to as "the Fund") will be suspended with effect from 9.00 a.m., Wednesday, 10 November 2010 to facilitate the dividend entitlement for the Fund as a result of dividend announcement by a constituent of the in-kind basket. In-kind creation and in-kind redemption will resume from 9.00a.m., Monday, 23 November 2010.
The trading of the Fund units on Bursa Malaysia will continue as usual.
Company Name: FTSE BURSA MALAYSIA KLCI ETF
Stock Name: FBMKLCI-EA
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: FTSE Bursa Malaysia KLCI etf - Suspension of In Kind Creation and In-Kind Redemption
Contents: In-kind creation and in-kind redemption for FTSE Bursa Malaysia KLCI etf (herein referred to as "the Fund") will be suspended with effect from 9.00 a.m., Wednesday, 10 November 2010 to facilitate the dividend entitlement for the Fund as a result of dividend announcement by a constituent of the in-kind basket. In-kind creation and in-kind redemption will resume from 9.00a.m., Monday, 23 November 2010.
The trading of the Fund units on Bursa Malaysia will continue as usual.
BJTOTO - General Announcement
Announcement Type: General Announcement
Company Name: BERJAYA SPORTS TOTO BERHAD
Stock Name: BJTOTO
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION FROM TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN PURSUANT TO PARAGRAPHS 14.03 AND 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Contents: Berjaya Sports Toto Berhad ("BToto") has received a notification dated 9 November 2010 from Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Managing Director/Chief Executive Officer of Sports Toto Malaysia Sdn Bhd, a major subsidiary of BToto that he intends to deal in the securities of BToto during closed period. His interest in the securities of BToto as at 9 November 2010 is set out in the table below.
Company Name: BERJAYA SPORTS TOTO BERHAD
Stock Name: BJTOTO
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION FROM TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN PURSUANT TO PARAGRAPHS 14.03 AND 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Contents: Berjaya Sports Toto Berhad ("BToto") has received a notification dated 9 November 2010 from Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Managing Director/Chief Executive Officer of Sports Toto Malaysia Sdn Bhd, a major subsidiary of BToto that he intends to deal in the securities of BToto during closed period. His interest in the securities of BToto as at 9 November 2010 is set out in the table below.
LIONDIV - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: LION DIVERSIFIED HOLDINGS BERHAD
Stock Name: LIONDIV
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: LION DIVERSIFIED HOLDINGS BERHAD ("LDHB" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF AN EXECUTIVE SHARE OPTION SCHEME ("ESOS") OF UP TO FIVE PERCENT (5%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF LDHB ("PROPOSED ESOS")
Contents: The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed ESOS.
We refer to the announcement made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of LDHB ("Board") on 29 September 2010.
On behalf of the Board, OSK wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 8 November 2010, approved the listing of such number of additional new ordinary shares of RM0.50 each, representing up to five percent (5%) of the issued and paid-up ordinary share capital of LDHB, to be issued pursuant to the exercise of Options under the Proposed ESOS.
Further details on the Proposed ESOS will be set out in the circular to be despatched to the shareholders of LDHB in due course.
This announcement is dated 9 November 2010.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: LION DIVERSIFIED HOLDINGS BERHAD
Stock Name: LIONDIV
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: LION DIVERSIFIED HOLDINGS BERHAD ("LDHB" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF AN EXECUTIVE SHARE OPTION SCHEME ("ESOS") OF UP TO FIVE PERCENT (5%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF LDHB ("PROPOSED ESOS")
Contents: The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed ESOS.
We refer to the announcement made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of LDHB ("Board") on 29 September 2010.
On behalf of the Board, OSK wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 8 November 2010, approved the listing of such number of additional new ordinary shares of RM0.50 each, representing up to five percent (5%) of the issued and paid-up ordinary share capital of LDHB, to be issued pursuant to the exercise of Options under the Proposed ESOS.
Further details on the Proposed ESOS will be set out in the circular to be despatched to the shareholders of LDHB in due course.
This announcement is dated 9 November 2010.
OILCORP - General Announcement
Announcement Type: General Announcement
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: Oilcorp Berhad ("Oilcorp" or "the Company")
? Restraining Order under Section 176(10) of the Companies Act 1965
? Variation to include restraining Bursa Malaysia Securities Berhad's de-listing actions
Contents: Further to the announcement dated 25 October 2010, the Board of Directors wishes to announce that upon hearing the application by the Respondents i.e. Oilcorp Berhad and its subsidiaries Oilfab Sdn. Bhd. and Oil-Line Engineering & Associates Sdn. Bhd., the Court today ordered that the court sealed Order dated 4 October 2010 and 25 October 2010 be varied as follows:
1. Bursa Malaysia Securities Berhad ("Bursa Securities") be restrained from taking any action and/or continuing any further action including but not limited to further actions to the notice from Bursa Securities dated 4.10.2010 which rejected the Third Respondent's (i.e. Oilcorp Berhad) application for an extension of time to submit Regularisation Plan to the relevant authorities and also to one notice of suspension and de-listing of Oilcorp's securities dated 4.10.2010 until the valid expiry of the Restraining Order pursuant to section 176(10) of the Companies Act 1965 dated 25.10.2010 or any such extension of the order;
2. Bursa Malaysia Securities Berhad ("Bursa Securities") be restrained from taking any action and/or continuing any action including but not limited to the action of de-listing of the securities of Oilcorp from the Official List of Bursa Securities until the valid expiry of the Restraining Order pursuant to section 176(10) of the Companies Act 1965 dated 25.10.2010 or any such extension of the order.
This announcement is dated 9 November 2010.
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: Oilcorp Berhad ("Oilcorp" or "the Company")
? Restraining Order under Section 176(10) of the Companies Act 1965
? Variation to include restraining Bursa Malaysia Securities Berhad's de-listing actions
Contents: Further to the announcement dated 25 October 2010, the Board of Directors wishes to announce that upon hearing the application by the Respondents i.e. Oilcorp Berhad and its subsidiaries Oilfab Sdn. Bhd. and Oil-Line Engineering & Associates Sdn. Bhd., the Court today ordered that the court sealed Order dated 4 October 2010 and 25 October 2010 be varied as follows:
1. Bursa Malaysia Securities Berhad ("Bursa Securities") be restrained from taking any action and/or continuing any further action including but not limited to further actions to the notice from Bursa Securities dated 4.10.2010 which rejected the Third Respondent's (i.e. Oilcorp Berhad) application for an extension of time to submit Regularisation Plan to the relevant authorities and also to one notice of suspension and de-listing of Oilcorp's securities dated 4.10.2010 until the valid expiry of the Restraining Order pursuant to section 176(10) of the Companies Act 1965 dated 25.10.2010 or any such extension of the order;
2. Bursa Malaysia Securities Berhad ("Bursa Securities") be restrained from taking any action and/or continuing any action including but not limited to the action of de-listing of the securities of Oilcorp from the Official List of Bursa Securities until the valid expiry of the Restraining Order pursuant to section 176(10) of the Companies Act 1965 dated 25.10.2010 or any such extension of the order.
This announcement is dated 9 November 2010.
LIONIND - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: LION INDUSTRIES CORPORATION BERHAD
Stock Name: LIONIND
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF AN EXECUTIVE SHARE OPTION SCHEME ("ESOS") OF UP TO FIVE PERCENT (5%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF LICB ("PROPOSED ESOS")
Contents: The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed ESOS.
We refer to the announcement made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of LICB ("Board") on 30 September 2010.
On behalf of the Board, OSK wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 8 November 2010, approved the listing of such number of additional new ordinary shares of RM1.00 each, representing up to five percent (5%) of the issued and paid-up share capital of LICB, to be issued pursuant to the exercise of Options under the Proposed ESOS.
Further details on the Proposed ESOS will be set out in the circular to be despatched to the shareholders of LICB in due course.
This announcement is dated 9 November 2010.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: LION INDUSTRIES CORPORATION BERHAD
Stock Name: LIONIND
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF AN EXECUTIVE SHARE OPTION SCHEME ("ESOS") OF UP TO FIVE PERCENT (5%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF LICB ("PROPOSED ESOS")
Contents: The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed ESOS.
We refer to the announcement made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of LICB ("Board") on 30 September 2010.
On behalf of the Board, OSK wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 8 November 2010, approved the listing of such number of additional new ordinary shares of RM1.00 each, representing up to five percent (5%) of the issued and paid-up share capital of LICB, to be issued pursuant to the exercise of Options under the Proposed ESOS.
Further details on the Proposed ESOS will be set out in the circular to be despatched to the shareholders of LICB in due course.
This announcement is dated 9 November 2010.
SUNWAY - General Announcement
Announcement Type: General Announcement
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- NOTICE OF INTENTION TO DEAL IN THE SECURITIES OF SUNWAY DURING CLOSED PERIOD
Contents: Pursuant to Chapter 14, Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Chan Tack Ming, a Principal Officer of Sunway, has given notice of his intention to deal in the securities of Sunway during the closed period. The details of his current holding of securities are set out in Table 1 and Table 2 below.
This announcement is dated 9 November 2010.
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 09/11/2010
Announcement Detail:
Type: Announcement
Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- NOTICE OF INTENTION TO DEAL IN THE SECURITIES OF SUNWAY DURING CLOSED PERIOD
Contents: Pursuant to Chapter 14, Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Chan Tack Ming, a Principal Officer of Sunway, has given notice of his intention to deal in the securities of Sunway during the closed period. The details of his current holding of securities are set out in Table 1 and Table 2 below.
This announcement is dated 9 November 2010.
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