OILCORP - General Announcement
Announcement Type: General Announcement
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Oilcorp Berhad ("Oilcorp" or "the Company")
Decision in respect of the appeal against de-listing of the securities of Oilcorp from the official list of Bursa Malaysia Securities Berhad ("Bursa Securities")
Contents: The Board of Directors of Oilcorp wishes to announce that Bursa Securities had on 9 November 2010 written to Oilcorp stating that the Listing Committee had on 28 October 2010, after due consideration of all facts and circumstances of the matter including the oral and written representations made by the Company decided to reject the Company's appeal against de-listing pursuant to paragraph 8.04(5)(b) of Bursa Securities Main Market Listing Requirements.
However, in the light of the restraining order obtained by the Company to restrain Bursa Securities from de-listing the Company as announced on 9 November 2010, the securities of the Company will only be removed at a date to be notified later.
This announcement is dated 10 November 2010.
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Oilcorp Berhad ("Oilcorp" or "the Company")
Decision in respect of the appeal against de-listing of the securities of Oilcorp from the official list of Bursa Malaysia Securities Berhad ("Bursa Securities")
Contents: The Board of Directors of Oilcorp wishes to announce that Bursa Securities had on 9 November 2010 written to Oilcorp stating that the Listing Committee had on 28 October 2010, after due consideration of all facts and circumstances of the matter including the oral and written representations made by the Company decided to reject the Company's appeal against de-listing pursuant to paragraph 8.04(5)(b) of Bursa Securities Main Market Listing Requirements.
However, in the light of the restraining order obtained by the Company to restrain Bursa Securities from de-listing the Company as announced on 9 November 2010, the securities of the Company will only be removed at a date to be notified later.
This announcement is dated 10 November 2010.
SAPRES - General Announcement
Announcement Type: General Announcement
Company Name: SAPURA RESOURCES BERHAD
Stock Name: SAPRES
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Sapura Resources Berhad ("SRB" or "the Company")
- Notification under Chapter 14 of the Bursa Malaysia Securities Berhad ("Bursa Securities") Listing Requirements on Dealings in Securities
Contents: Pursuant to Chapter 14 of the Bursa Securities Listing Requirements on Dealings in Securities, this is to notify that we had received notification dated 9 November 2010 from the following Principal Officer of the Company in relation to his dealings in SRB's securities outside closed period as follows:-
Company Name: SAPURA RESOURCES BERHAD
Stock Name: SAPRES
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Sapura Resources Berhad ("SRB" or "the Company")
- Notification under Chapter 14 of the Bursa Malaysia Securities Berhad ("Bursa Securities") Listing Requirements on Dealings in Securities
Contents: Pursuant to Chapter 14 of the Bursa Securities Listing Requirements on Dealings in Securities, this is to notify that we had received notification dated 9 November 2010 from the following Principal Officer of the Company in relation to his dealings in SRB's securities outside closed period as follows:-
NVMULTI - General Announcement
Announcement Type: General Announcement
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Notification under Chapter 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad on dealing in securities during closed period.
Contents: Pursuant to Chapter 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, NV Multi Corporation Berhad ("NV Multi") wishes to announce that the following principal officer/director of the major subsidiary of NV Multi have given notice of their dealings in shares of NV Multi during closed period, details as set out in the table shown below:-
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Notification under Chapter 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad on dealing in securities during closed period.
Contents: Pursuant to Chapter 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, NV Multi Corporation Berhad ("NV Multi") wishes to announce that the following principal officer/director of the major subsidiary of NV Multi have given notice of their dealings in shares of NV Multi during closed period, details as set out in the table shown below:-
UOAREIT - UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT") PROPOSED ACQUISITIONS
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: UOA REAL ESTATE INVESTMENT TRUST
Stock Name: UOAREIT
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT")
PROPOSED ACQUISITIONS
Contents: UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT")
(I) PROPOSED ACQUISITION BY UOA REIT FROM DESA BUKIT PANTAI SDN BHD ("DBP"), A SUBSIDIARY OF UOA HOLDINGS SDN BHD ("UOA HOLDINGS"), OF TOWER BLOCK B COMPRISING 15 LEVELS OF OFFICE SPACE, 3 LEVELS OF RETAIL PODIUM, 6 LEVELS OF ELEVATED CAR PARK AND 4 LEVELS OF BASEMENT CAR PARK ("COLLECTIVELY REFERRED TO AS "PARCEL B - MENARA UOA BANGSAR") (WHICH FORMS PART OF A DEVELOPMENT KNOWN AS MENARA UOA BANGSAR) BEARING POSTAL ADDRESS NO.5 JALAN BANGSAR UTAMA 1, 59000 KUALA LUMPUR IMPROVED ON MASTER TITLE PAJAKAN NEGERI (WP) 43411, LOT 421, SEKSYEN 96, MUKIM AND DISTRICT OF KUALA LUMPUR, STATE OF WILAYAH PERSEKUTUAN KL FOR A TOTAL CONSIDERATION OF RM289 MILLION; AND
(II) PROPOSED ACQUISITION BY UOA REIT FROM RICH ACCOMPLISHMENT SDN BHD ("RASB"), A SUBSIDIARY OF UOA HOLDINGS, OF A LAND HELD UNDER GERAN 6837, LOT 38415, MUKIM AND DISTRICT OF KUALA LUMPUR, STATE OF WILAYAH PERSEKUTUAN KL MEASURING APPROXIMATELY 3,497 SQUARE METRES TOGETHER WITH A 16-STOREY OFFICE BUILDING WITH 5 LEVELS OF BASEMENT CAR PARK AND 3 LEVELS OF ELEVATED CAR PARK ("COLLECTIVELY REFERRED TO AS "WISMA UOA DAMANSARA II") BEARING POSTAL ADDRESS NO.6 CHANGKAT SEMANTAN, 50490 KUALA LUMPUR FOR A TOTAL CONSIDERATION OF RM211 MILLION.
(TO BE REFERRED TO AS THE "PROPOSED ACQUISITIONS")
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: UOA REAL ESTATE INVESTMENT TRUST
Stock Name: UOAREIT
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT")
PROPOSED ACQUISITIONS
Contents: UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT")
(I) PROPOSED ACQUISITION BY UOA REIT FROM DESA BUKIT PANTAI SDN BHD ("DBP"), A SUBSIDIARY OF UOA HOLDINGS SDN BHD ("UOA HOLDINGS"), OF TOWER BLOCK B COMPRISING 15 LEVELS OF OFFICE SPACE, 3 LEVELS OF RETAIL PODIUM, 6 LEVELS OF ELEVATED CAR PARK AND 4 LEVELS OF BASEMENT CAR PARK ("COLLECTIVELY REFERRED TO AS "PARCEL B - MENARA UOA BANGSAR") (WHICH FORMS PART OF A DEVELOPMENT KNOWN AS MENARA UOA BANGSAR) BEARING POSTAL ADDRESS NO.5 JALAN BANGSAR UTAMA 1, 59000 KUALA LUMPUR IMPROVED ON MASTER TITLE PAJAKAN NEGERI (WP) 43411, LOT 421, SEKSYEN 96, MUKIM AND DISTRICT OF KUALA LUMPUR, STATE OF WILAYAH PERSEKUTUAN KL FOR A TOTAL CONSIDERATION OF RM289 MILLION; AND
(II) PROPOSED ACQUISITION BY UOA REIT FROM RICH ACCOMPLISHMENT SDN BHD ("RASB"), A SUBSIDIARY OF UOA HOLDINGS, OF A LAND HELD UNDER GERAN 6837, LOT 38415, MUKIM AND DISTRICT OF KUALA LUMPUR, STATE OF WILAYAH PERSEKUTUAN KL MEASURING APPROXIMATELY 3,497 SQUARE METRES TOGETHER WITH A 16-STOREY OFFICE BUILDING WITH 5 LEVELS OF BASEMENT CAR PARK AND 3 LEVELS OF ELEVATED CAR PARK ("COLLECTIVELY REFERRED TO AS "WISMA UOA DAMANSARA II") BEARING POSTAL ADDRESS NO.6 CHANGKAT SEMANTAN, 50490 KUALA LUMPUR FOR A TOTAL CONSIDERATION OF RM211 MILLION.
(TO BE REFERRED TO AS THE "PROPOSED ACQUISITIONS")
GOLDIS - GOLDIS-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Announcement Type: Listing Circular
Company Name: GOLDIS BERHAD
Stock Name: GOLDIS
Date Announced: 10/11/2010
Announcement Detail:
Subject: GOLDIS-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovenamed Company's additional 47,750 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., Friday, 12 November 2010.
Company Name: GOLDIS BERHAD
Stock Name: GOLDIS
Date Announced: 10/11/2010
Announcement Detail:
Subject: GOLDIS-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovenamed Company's additional 47,750 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., Friday, 12 November 2010.
KASSETS - Dealing in securities during closed period
Announcement Type: General Announcement
Company Name: KRISASSETS HOLDINGS BERHAD
Stock Name: KASSETS
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Dealing in securities during closed period
Contents: Further to our announcement dated 25 October 2010 and pursuant to paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Chua Seng Yong, a principal officer, has on 10 November 2010 acquired 6,000 Kris warrants at RM0.96 per warrant, the details are set out in Table Section.
Company Name: KRISASSETS HOLDINGS BERHAD
Stock Name: KASSETS
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Dealing in securities during closed period
Contents: Further to our announcement dated 25 October 2010 and pursuant to paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Chua Seng Yong, a principal officer, has on 10 November 2010 acquired 6,000 Kris warrants at RM0.96 per warrant, the details are set out in Table Section.
HLSCORP - PUBLIC REPRIMAND ON HOCK LOK SIEW CORPORATION BERHAD
Announcement Type: Listing Circular
Company Name: HOCK LOK SIEW CORPORATION BHD
Stock Name: HLSCORP
Date Announced: 10/11/2010
Announcement Detail:
Subject: PUBLIC REPRIMAND ON HOCK LOK SIEW CORPORATION BERHAD
Contents: Breaches of paragraphs 10.06(1) and 8.28(3) of the Listing Requirements of Bursa Malaysia Securities Berhad ("LR") and paragraph 10.06(1) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements ("Main Market LR")
1. Bursa Malaysia Securities Berhad ("Bursa Securities") publicly reprimands Hock Lok Siew Corporation Berhad ("HLSCORP" or "the Company") for breaches of paragraphs 10.06(1) and 8.28(3) of the LR and paragraph 10.06(1) of the Main Market LR.
2. Paragraph 10.06(1) of the LR states that for a transaction where any one of the percentage ratios is equal to or exceeds 25%, in addition to the requirements of paragraph 10.04 of the LR, a listed issuer must obtain the approval of its shareholders in general meeting of the transaction and ensure that the circular to the shareholders includes the information as set out in Appendix 10B of the LR.
Paragraph 8.28(3) of the LR states that any notice of a general meeting called to consider special business must be accompanied by an explanatory note which contains the necessary information to enable a member to make an informed decision. Such explanatory note must include the effect of any proposed resolution in respect of such special business. Pursuant to paragraph 10.06(1) of the Main Market LR, a listed issuer must make an announcement to Bursa Securities where any one of the percentage ratios of a transaction is 5% or more, as soon as possible after the terms of the transaction have been agreed. The listed issuer must include the information set out in Appendix 10A of the Main Market LR in the announcement. 3. HSLCORP had obtained a mandate from its shareholders at the annual general meeting ("AGM") held on 15 May 2009 which authorised the Chairman, Ooi Chieng Sim to invest the Company's funds in any securities, provided that the aggregate consideration of such investment does not exceed 200% of the Company's net assets based on its audited accounts for the financial year ended 31 December 2008 ("the Proposed Investment"). However, the Company failed to issue a circular to its shareholders on or before the AGM which includes the information as set out in Appendix 10B of the LR for the Proposed Investment. Further, the explanatory note to special business which accompanied the notice of AGM dated 22 April 2009 only stated that the Proposed Investment if passed, will contribute positively to the future earnings of the Group as it would also offer a good growth prospect for the Group. The explanatory note does not contain the necessary information to enable a member to make an informed decision.
4. The Company has also acquired 488,600 shares in Boustead Holdings Berhad ("BOUSTEAD") and 319,100 shares in Sungei Bagan Rubber Company (Malaya) Berhad ("SBAGAN") for a total consideration of RM1,720,845 and RM893,412 respectively on 25 September 2009 ("the Acquisitions"). The Acquisitions in BOUSTEAD and SBAGAN represents 10.40% and 5.40% of the Company's assets as at 31 December 2008. The Company did not make an immediate announcement on the Acquisitions, which must include the information as set out in Appendix 10A of the Main Market LR. The Company only made the announcements as per Appendix 10A on 20 October 2009 and 21 October 2009.
5. The public reprimand was imposed pursuant to paragraph 16.17(1) of the LR and/or 16.19(1) of the Main Market LR upon completion of investigation and due process accorded to the Company and after taking into consideration all facts and circumstances of the matter including the fact that the Company had previously breached the LR.
6. Bursa Securities views the above contraventions seriously and hereby cautions the Company and its Board of Directors on their responsibility to maintain appropriate standards of corporate responsibility and accountability in order to achieve greater disclosure and transparency to its shareholders and the investing public. In this respect, the Company and its directors are required to take all reasonable steps including putting in place or enhancing the Company's procedures and processes and review the effective implementation of the same to ensure compliance with the listing requirements at all times.
7. Whilst Bursa Securities has not made a finding that any of the directors of the Company caused or permitted the aforesaid breach by the Company, Bursa Securities nevertheless wishes to highlight that it is the responsibility of directors of listed companies to maintain appropriate standards of responsibility and accountability within the Company and amongst its officers and employees including, amongst others, an awareness of the importance of compliance with the listing requirements. The Board of Directors of the Company at the material time is as follows:-
Ooi Chieng Sim;
Ng Kim Weng;
Lim Ah Bok @ Lim Chong Bok;
Yap Chi Keong;
Ho Soo Tak; and
Oo Ping Seng.
Company Name: HOCK LOK SIEW CORPORATION BHD
Stock Name: HLSCORP
Date Announced: 10/11/2010
Announcement Detail:
Subject: PUBLIC REPRIMAND ON HOCK LOK SIEW CORPORATION BERHAD
Contents: Breaches of paragraphs 10.06(1) and 8.28(3) of the Listing Requirements of Bursa Malaysia Securities Berhad ("LR") and paragraph 10.06(1) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements ("Main Market LR")
1. Bursa Malaysia Securities Berhad ("Bursa Securities") publicly reprimands Hock Lok Siew Corporation Berhad ("HLSCORP" or "the Company") for breaches of paragraphs 10.06(1) and 8.28(3) of the LR and paragraph 10.06(1) of the Main Market LR.
2. Paragraph 10.06(1) of the LR states that for a transaction where any one of the percentage ratios is equal to or exceeds 25%, in addition to the requirements of paragraph 10.04 of the LR, a listed issuer must obtain the approval of its shareholders in general meeting of the transaction and ensure that the circular to the shareholders includes the information as set out in Appendix 10B of the LR.
Paragraph 8.28(3) of the LR states that any notice of a general meeting called to consider special business must be accompanied by an explanatory note which contains the necessary information to enable a member to make an informed decision. Such explanatory note must include the effect of any proposed resolution in respect of such special business. Pursuant to paragraph 10.06(1) of the Main Market LR, a listed issuer must make an announcement to Bursa Securities where any one of the percentage ratios of a transaction is 5% or more, as soon as possible after the terms of the transaction have been agreed. The listed issuer must include the information set out in Appendix 10A of the Main Market LR in the announcement. 3. HSLCORP had obtained a mandate from its shareholders at the annual general meeting ("AGM") held on 15 May 2009 which authorised the Chairman, Ooi Chieng Sim to invest the Company's funds in any securities, provided that the aggregate consideration of such investment does not exceed 200% of the Company's net assets based on its audited accounts for the financial year ended 31 December 2008 ("the Proposed Investment"). However, the Company failed to issue a circular to its shareholders on or before the AGM which includes the information as set out in Appendix 10B of the LR for the Proposed Investment. Further, the explanatory note to special business which accompanied the notice of AGM dated 22 April 2009 only stated that the Proposed Investment if passed, will contribute positively to the future earnings of the Group as it would also offer a good growth prospect for the Group. The explanatory note does not contain the necessary information to enable a member to make an informed decision.
4. The Company has also acquired 488,600 shares in Boustead Holdings Berhad ("BOUSTEAD") and 319,100 shares in Sungei Bagan Rubber Company (Malaya) Berhad ("SBAGAN") for a total consideration of RM1,720,845 and RM893,412 respectively on 25 September 2009 ("the Acquisitions"). The Acquisitions in BOUSTEAD and SBAGAN represents 10.40% and 5.40% of the Company's assets as at 31 December 2008. The Company did not make an immediate announcement on the Acquisitions, which must include the information as set out in Appendix 10A of the Main Market LR. The Company only made the announcements as per Appendix 10A on 20 October 2009 and 21 October 2009.
5. The public reprimand was imposed pursuant to paragraph 16.17(1) of the LR and/or 16.19(1) of the Main Market LR upon completion of investigation and due process accorded to the Company and after taking into consideration all facts and circumstances of the matter including the fact that the Company had previously breached the LR.
6. Bursa Securities views the above contraventions seriously and hereby cautions the Company and its Board of Directors on their responsibility to maintain appropriate standards of corporate responsibility and accountability in order to achieve greater disclosure and transparency to its shareholders and the investing public. In this respect, the Company and its directors are required to take all reasonable steps including putting in place or enhancing the Company's procedures and processes and review the effective implementation of the same to ensure compliance with the listing requirements at all times.
7. Whilst Bursa Securities has not made a finding that any of the directors of the Company caused or permitted the aforesaid breach by the Company, Bursa Securities nevertheless wishes to highlight that it is the responsibility of directors of listed companies to maintain appropriate standards of responsibility and accountability within the Company and amongst its officers and employees including, amongst others, an awareness of the importance of compliance with the listing requirements. The Board of Directors of the Company at the material time is as follows:-
Ooi Chieng Sim;
Ng Kim Weng;
Lim Ah Bok @ Lim Chong Bok;
Yap Chi Keong;
Ho Soo Tak; and
Oo Ping Seng.
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: 10/11/2010
Announcement Detail:
Date of buy back: 10/11/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 25,000
Minimum price paid for each share purchased ($$): 1.710
Maximum price paid for each share purchased ($$): 1.740
Total consideration paid ($$): 42,930.00
Number of shares purchased retained in treasury (units): 25,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,119,720
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.80
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 10/11/2010
Announcement Detail:
Date of buy back: 10/11/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 25,000
Minimum price paid for each share purchased ($$): 1.710
Maximum price paid for each share purchased ($$): 1.740
Total consideration paid ($$): 42,930.00
Number of shares purchased retained in treasury (units): 25,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 3,119,720
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 (%): 3.80
SCOMI - General Announcement
Announcement Type: General Announcement
Company Name: SCOMI GROUP BERHAD
Stock Name: SCOMI
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Clarification on Article appearing in The Financial Daily (Page 3) on Wednesday, 10 November 2010 entitled "New shareholders to surface in Scomi Group?"
Contents: We refer to the news article entitled "New shareholders to surface in Scomi Group?" appearing in The Financial Daily (page 3) on Wednesday, 10 November 2010, specifically to the following 2 statements appearing in the aforementioned news article:
1. "there could be new substantial shareholders in the form of Indonesian investors and Middle Eastern funds surfacing in the company quite soon"; and
2. "Kamaluddin, it appears, is close to reducing his shareholding to below the 5% substantial-shareholder level."
The Company wishes to clarify that it has not received any notification of interest of substantial shareholders (Form 29A) from any party not presently a substantial shareholder of the Company.
Further, we wish to state that we have not been notified of any change to the indirect interests of Dato' Kamaluddin bin Abdullah.
In addition, the Company has made due enquiry with Kaspadu Sdn Bhd, and has been informed that there has been no change in the shareholding structure of Kaspadu Sdn Bhd and that Dato' Kamaluddin's effective interest in the Company's shares continues to be 50% of that of Kaspadu Sdn Bhd, i.e. 89,262,513 shares representing 7.65% equity in the Company.
In the event that there are any new developments in this matter, we will make appropriate and complete disclosure in a timely manner in accordance with the requirements of the Exchange.
This announcement is dated 10 November 2010.
Company Name: SCOMI GROUP BERHAD
Stock Name: SCOMI
Date Announced: 10/11/2010
Announcement Detail:
Type: Announcement
Subject: Clarification on Article appearing in The Financial Daily (Page 3) on Wednesday, 10 November 2010 entitled "New shareholders to surface in Scomi Group?"
Contents: We refer to the news article entitled "New shareholders to surface in Scomi Group?" appearing in The Financial Daily (page 3) on Wednesday, 10 November 2010, specifically to the following 2 statements appearing in the aforementioned news article:
1. "there could be new substantial shareholders in the form of Indonesian investors and Middle Eastern funds surfacing in the company quite soon"; and
2. "Kamaluddin, it appears, is close to reducing his shareholding to below the 5% substantial-shareholder level."
The Company wishes to clarify that it has not received any notification of interest of substantial shareholders (Form 29A) from any party not presently a substantial shareholder of the Company.
Further, we wish to state that we have not been notified of any change to the indirect interests of Dato' Kamaluddin bin Abdullah.
In addition, the Company has made due enquiry with Kaspadu Sdn Bhd, and has been informed that there has been no change in the shareholding structure of Kaspadu Sdn Bhd and that Dato' Kamaluddin's effective interest in the Company's shares continues to be 50% of that of Kaspadu Sdn Bhd, i.e. 89,262,513 shares representing 7.65% equity in the Company.
In the event that there are any new developments in this matter, we will make appropriate and complete disclosure in a timely manner in accordance with the requirements of the Exchange.
This announcement is dated 10 November 2010.
BSLCORP - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 10/11/2010
Announcement Detail:
Date of buy back: 10/11/2010
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 8,000
Minimum price paid for each share purchased ($$): 0.400
Maximum price paid for each share purchased ($$): 0.400
Total consideration paid ($$): 3,244.96
Number of shares purchased retained in treasury (units): 8,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 603,300
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.62
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 10/11/2010
Announcement Detail:
Date of buy back: 10/11/2010
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 8,000
Minimum price paid for each share purchased ($$): 0.400
Maximum price paid for each share purchased ($$): 0.400
Total consideration paid ($$): 3,244.96
Number of shares purchased retained in treasury (units): 8,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 603,300
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 (%): 0.62
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