November 8, 2010

Company announcements: NVMULTI, ATIS, BPURI, JERNEH, YTLPOWR, UBG, CHANG, SATANG, EKOVEST, HIRO

NVMULTI - Disposal of 100% Equity Interest in Oasis City Holdings Limited

Announcement Type: General Announcement
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 08/11/2010

Announcement Detail:
Type: Announcement

Subject: Disposal of 100% Equity Interest in Oasis City Holdings Limited

Contents: 1. Introduction

The Board of Directors of NV Multi Corporation Berhad ("NV Multi") wishes to announce that the Company had on 8 November 2010, disposed of 1 ordinary share of USD1.00 each representing 100% equity interest in Oasis City Holdings Limited ("Oasis") to Tai Chee Ching for a total cash consideration of RM3,000.00 ("the Disposal"). With the Disposal, Oasis will cease to be the wholly-owned subsidiary of NV Multi.

2. Information On Oasis

Oasis was incorporated in British Virgin Islands on 8 July 2008 with an authorised share capital of USD50,000 comprising 50,000 ordinary shares of USD1.00 each of which 1 ordinary share of USD1.00 has been issued and fully paid-up. The intended activity of Oasis was investment holding and provision of management services. The Company remain dormant as at todate.

3. Basis Of Arriving At The Consideration

The consideration for the Disposal was arrived on a "willing-buyer-willing-seller" basis.

4. Effects On The Disposal

The Disposal has no material effect on the share capital, earnings, net assets, and gearing of the NV Multi Group for the current financial year ending 31 December 2010.

5. Rationale For The Disposal

The Disposal is part of the rationalisation and streamlining exercise of NV Multi Group.

6. Approvals Required

The Disposal is not subject to the approval of the shareholders of NV Multi or any relevant statutory authorities.

7. Interest Of Directors, Major Shareholders And Person Connected

None of the Directors, major shareholders of NV Multi and/or persons connected with them, has any interest whether, direct or indirect, in the Disposal.

8. Statements By Directors

The Board of Directors of NV Multi, having considered all aspects of the Disposal, is of the opinion that the Disposal is in the best interest of the Group.

9. Highest Percentage Ratio Applicable Pursuant To Paragraph 10.02 (G) Of The Bursa Malaysia Securities Berhad ("Bursa Securities") Main Market Listing Requirements ("LR")

The highest percentage ratio applicable to the Disposal pursuant to paragraph 10.02 (g) of the Bursa Securities Main Market LR is 0 %.

The announcement is dated 8 November 2010.


ATIS - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: ATIS CORPORATION BERHAD
Stock Name: ATIS
Date Announced: 08/11/2010

Announcement Detail:
Type: Announcement

Subject: ATIS CORPORATION BERHAD ("ATIS" OR "COMPANY")

UNCONDITIONAL TAKE-OVER OFFER BY ATIS AND ATIS IDR VENTURES SDN BHD (FORMERLY KNOWN AS ELKOM TRANSFORMER COMPONENTS MARKETING SDN BHD) (COLLECTIVELY REFERRED TO AS "JOINT OFFERORS") THROUGH MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN MUTIARA GOODYEAR DEVELOPMENT BERHAD ("MUTIARA") NOT ALREADY OWNED BY THE JOINT OFFERORS ("OFFER SHARES") FOR A CASH CONSIDERATION OF RM0.97 FOR EACH OFFER SHARE ("OFFER")

Contents: Reference is made to the offer document dated 15 October 2010 which was despatched to the shareholders of Mutiara ("Offer Document") and the announcements in relation to the Offer by Maybank IB on behalf of the Company on 24 September 2010, 27 September 2010 and 15 October 2010.

In accordance with the requirement of Section 25 (1) of the Malaysian Code on Take-overs and Mergers, 1998, on behalf of the Board of Directors of ATIS, Maybank IB wishes to announce that the Offer has closed at 5.00 p.m. (Malaysian time) on 8 November 2010 ("Closing Date").

As at the Closing Date, the Joint Offerors received acceptances to the Offer of 8.48% of the voting shares in Mutiara, of which 8.40% of the voting shares in Mutiara are valid acceptances. In this regard, the Joint Offerors and the persons acting in concert with them ("PAC") now hold 60.73% of the voting shares in Mutiara.

The details of the level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on the Closing Date are set out in Table 1.

This announcement is dated 8 November 2010.

Attachments: Table 1.pdf


BPURI - BPURI-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: BINA PURI HOLDINGS BHD
Stock Name: BPURI
Date Announced: 08/11/2010

Announcement Detail:
Subject: BPURI-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 14,100 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 10 November 2010.


JERNEH - JERNEH-EXERCISE OF 167,000 WARRANTS 2007/2012 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: JERNEH ASIA BERHAD
Stock Name: JERNEH
Date Announced: 08/11/2010

Announcement Detail:
Subject: JERNEH-EXERCISE OF 167,000 WARRANTS 2007/2012 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 167,000 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 10 November 2010.


YTLPOWR - YTLPOWR-EXERCISE OF 78,126 WARRANTS 2008/2018 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: YTL POWER INTERNATIONAL BHD
Stock Name: YTLPOWR
Date Announced: 08/11/2010

Announcement Detail:
Subject: YTLPOWR-EXERCISE OF 78,126 WARRANTS 2008/2018 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 78,126 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 10 November 2010.


UBG - General Announcement

Announcement Type: General Announcement
Company Name: UBG BERHAD
Stock Name: UBG
Date Announced: 08/11/2010

Announcement Detail:
Type: Announcement

Subject: UBG BERHAD ("UBG" OR "THE COMPANY" OR "THE OFFEREE")

UNCONDITIONAL TAKE-OVER OFFER BY JAVACE SDN BHD ("JSB" OR "OFFEROR") AND SHEIKH TAREK ESSAM AHMAD OBAID (THE "ULTIMATE OFFEROR") THROUGH AMINVESTMENT BANK BERHAD TO ACQUIRE ALL OF THE ORDINARY SHARES OF RM0.25 EACH IN UBG NOT ALREADY HELD BY JSB AND PERSONS ACTING IN CONCERT WITH IT ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM2.50 PER OFFER SHARE ("OFFER PRICE") ("OFFER")
- Revised closing date of the Offer

Contents: We refer to our earlier announcements dated 29 September, 6 October, 7 October, 13 October, 20 October, 25 October and 1 November 2010 in relation to the Offer.

We wish to announce that UBG has today received the attached Press Notice from AmInvestment Bank Berhad on behalf of the Offeror that the Offeror has extended the closing date and time for acceptance of the Offer from 5.00 p.m. (Malaysian time) on Wednesday, 10 November 2010 to 5.00 p.m. (Malaysian time) on Wednesday, 24 November 2010 ("Revised Closing Date"). The notice of the Revised Closing Date will be posted to the holders of the Offer Shares accordingly.

Save for the Revised Closing Date, all other details and terms and conditions of the Offer remain unchanged.

Holders of the Offer Shares who wish to accept the Offer are advised to refer to the Offer Document for the details and terms and conditions of the Offer and the procedures for acceptance of the Offer.

Please refer to the Press Notice on the detailed disclosure of the level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on 8 November 2010, in accordance with the requirement of Section 25(1) of the Malaysian Code on Take-overs and Mergers 1998.

This announcement is dated 8 November 2010.

Attachments: UBG Press release-8Nov2010.pdf


CHANG - General Announcement

Announcement Type: General Announcement
Company Name: CHANGHUAT CORPORATION BERHAD
Stock Name: CHANG
Date Announced: 08/11/2010

Announcement Detail:
Type: Announcement

Subject: SUBMISSION OF CHANGHUAT CORPORATION BERHAD'S ("the Company") ANNUAL AUDITED ACCOUNTS FOR THE FINANCIAL YEAR ENDED 30 JUNE, 2010

Contents: Pursuant to the Company's announcement made on 1 November, 2010, we are pleased to announce that the Annual Audited Accounts for the financial year ended 30 June, 2010 have been released for announcement to Bursa on 8 November, 2010."


SATANG - General Announcement

Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 08/11/2010

Announcement Detail:
Type: Announcement

Subject: Satang Holdings Berhad ("Satang" or "the Company")
- Directive for the Re-constitution of the Audit Committee

Contents: Reference is made to the directive letter from Bursa Malaysia Securities Berhad dated 3 November 2010 attached herewith.

Bursa Malaysia had highlighted to the Company that the dissolution of Audit Committee by the Board of Directors is inconsistent with the requirement to maintain an Audit Committee at all time in accordance with Paragraph 15.09 (1) of LR. Bursa Malaysia also find the Company's rationale to dissolve the Audit Committee as stated in the announcement dated 2 November 2010 is not acceptable. Pursuant to Paragraph 15.19 of the LR any vacancy in the Audit Committee can be filled within 3 months.

Without prejudice to Bursa Malaysia's right to take action under the LR, pursuant to Paragraph 2.23 of the LR, the Company and its Board of Director is hereby directed to ("Directive"):

(a) Reinstate and reconstitute the Audit Committee for compliance with paragraph 15.09 of the LR with immediate effect and to furnish Bursa Malaysia documentation evidence which includes minutes of board meeting to confirm the same.

(b) To ensure that the mandate previously given to the Audit Comittee and/or its members on the appointment of the investigative auditor remain unchanged and effective. The time frame to commence the investigative audit must be carried out based on the agreed scope immediately, in any event should not be later than 5 market days from the date hereof.

The Board is now advised that the Audit Committee cannot be dissolved. Being so, the Board had taken immediate step to reinstate the Audit Committee with immediate effect.

This announcement is dated 3 November 2010.

Attachments: bursa letter.pdf


EKOVEST - EKOVEST-EXERCISE OF 3,797,870 WARRANTS 2005/2010 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: EKOVEST BERHAD
Stock Name: EKOVEST
Date Announced: 08/11/2010

Announcement Detail:
Subject: EKOVEST-EXERCISE OF 3,797,870 WARRANTS 2005/2010 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 3,797,870 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 10 November 2010.


HIRO - General Announcement

Announcement Type: General Announcement
Company Name: HIROTAKO HOLDINGS BHD
Stock Name: HIRO
Date Announced: 08/11/2010

Announcement Detail:
Type: Announcement

Subject: HIROTAKO HOLDINGS BERHAD ("HHB")
VARIATION BETWEEN THE ACTUAL VALUE AND THE ESTIMATED VALUE BY 10% OR MORE OF THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Contents: We refer to HHB's Circular to Shareholders in relation to the proposed renewal of and new Shareholders' Mandate for recurrent related party transactions ("RRPT") of a revenue or trading nature ("Proposed Shareholders' Mandate") dated 28 April 2010. The ordinary resolution on the Proposed Shareholders' Mandate had been approved by the shareholders of HHB at the Nineteenth Annual General Meeting held on 20 May 2010.

Pursuant to Paragraph 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Practice Note 12, HHB wishes to announce that the actual value of the RRPT as set out in RRPT Table attached had exceeded the estimated value as disclosed in HHB's Circular to Shareholders by more than 10%.

This announcement is dated 8 November 2010.

Attachments: RRPT_20101104.pdf



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