December 23, 2010

Company announcements: AMPROP, BRDB, GENM, SOP, SUNRISE, KYM, LEWEKO, PRLEXUS, LINEAR

AMPROP - General Announcement

Announcement Type: General Announcement
Company Name: AMCORP PROPERTIES BERHAD
Stock Name: AMPROP
Date Announced: 23/12/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: CS-101222-56000

Subject: AMCORP PROPERTIES BERHAD (FORMERLY KNOWN AS AMDB BERHAD)
- REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ON THE PROPOSED ACQUISITION OF PROPERTY IN LONDON, UNITED KINGDOM ("PROPOSED ACQUISITION")

Contents: We refer to Bursa Malaysia Securities Berhad's letter dated 22 December 2010 in respect of the above matter and the Board of Directors of AMPROP wishes to clarify and answer the queries as follows:

1. The consideration in Ringgit Malaysia (RM) equivalent

The purchase consideration of the Proposed Acquisition in Ringgit Malaysia equivalent is approximately RM36 million; based on an exchange rate of ?1 : RM4.9438. The final amount in RM terms will depend on the exchange rate at the point of conversion of funds to GBP to complete the transaction.


2. The salient features of the Contract

The salient features of the Contract For Sale of Freehold Land ("Contract") with Abaca Services Limited ("ABACA") are as follows:

? 10% (?730,000) of the purchase consideration was paid upon exchange of contract with the balance 90% (?6,570,000) to be paid on the completion date which is expected to be on 20 January 2011.

? The vendor, ABACA will transfer a freehold property at 101, Lexham Gardens, London W8 6JN, United Kingdom ("the Property") to Riverich Limited ("RIVERICH"), a wholly-owned subsidiary of AMPROP with full title guarantee and free from encumbrances on completion date.

? On completion date, ABACA will assign to RIVERICH all rights in relation to the occupational leases with existing tenants and service contracts relating to the upkeep and maintenance of the Property.


3. The principal activity of ABACA and names of its directors

To the best of our knowledge, the principal activity of ABACA is investment holding and that it was set up specifically to hold the Property. We are not aware of the identities of the directors of ABACA.


4. The risk in relation to the Proposed Acquisition

Investment Risk
As the Property is an investment, the Group will be subject to fluctuation in property prices and rental rates in London. However, the Board believes the Property is acquired at a discount to comparable properties in the area and rental rates generally move upwards over time.

Liquidity Risk
The entire purchase consideration will initially be funded solely from advances from AMPROP.
Thereafter, a GBP-denominated loan to partially re-finance the Proposed Acquisition will be arranged. AMPROP has adequate financial resources available to cover this commitment and its own operating requirements.


Currency Risk
As the Property is located in London, the Property is subject to currency fluctuation. The GBP-denominated loan to partially re-finance the Proposed Acquisition will serve as a natural hedge against currency risk.


5. Property details

a) The details of the rental returns

The current rental per annum is approximately GBP 268,000 and save for one vacant unit, the Property is otherwise fully tenanted.
Once the vacant unit is tenanted, the rental income and yield from the Property will increase accordingly.

The existing tenancies are short tenancies of 12 months with about 60% of the tenancies of the Property expiring in the latter half of 2011.

b) Approximate age of the property

The Property is a Victorian period terrace property and was last reconstructed in 2004 with only the front fa?ade and the flank walls retained.

A building surveyor was appointed by AMPROP to conduct a survey of the building prior to exchange of contract, with the building surveyor indicating no material defects that would otherwise warrant them to caution AMPROP against proceeding with the Proposed Acquisition.

c) Independent Valuation

A survey of similar and comparable property in the location was conducted prior to the acquisition and they have indicated that the acquisition price is at a discount to market. A formal valuation will be performed at the point of obtaining the financing.


6. Whether the acquisition of the residential properties will be free from any encumbrances

The Property will be transferred to RIVERICH free from encumbrances.

This announcement is dated 23 December 2010

Query Letter content: We refer to your announcement dated 21 December 2010 ("Announcement"), in
respect of the aforesaid Proposed Acquisition.

In this connection, kindly furnish Bursa Malaysia Securities Berhad with the
following additional information for public release:
1. The consideration of the Proposed Acquisition in Ringgit Malaysia (RM)
equivalent
2. The salient features of the Contract For Sale of Freehold Land ("Contract")
with Abaca Services Limited ("ABACA")
3. The principal activity of ABACA and names of its directors
4. The risk in relation to the Proposed Acquisition
5. The description of the property, as follows:
a) The details of the rental returns
b) Approximate age of the property
c) Whether any valuation was carried out on the property, if so, the name
of the independent registered valuer, date
and method of valuation and quantification of the market value
6. Whether the acquisition of the residential properties will be free from any
encumbrances

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully



KHOO KAY KWAN
Head, Issuers
Listing Division
Regulation


KKK/ALC

Copy to: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)


AMPROP - General Announcement

Announcement Type: General Announcement
Company Name: AMCORP PROPERTIES BERHAD
Stock Name: AMPROP
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: AMCORP PROPERTIES BERHAD (FORMERLY KNOWN AS AMDB BERHAD) ("AMPROP")
- STRIKING-OFF OF GERAK RASMI SDN BHD

Contents: AMPROP wishes to announce that further to the application for voluntary striking-off pursuant to Section 308 of the Companies Act, 1965 made by Gerak Rasmi Sdn Bhd ("GRSB"), a dormant wholly-owned subsidiary of AMPROP to the Companies Commission of Malaysia ("CCM"), GRSB had on 23 December 2010 received notification from CCM that GRSB has been struck-off from the register of CCM.

The above striking-off has no material financial effect on AMPROP Group.

This announcement is dated 23 December 2010.


BRDB - BRDB-EXERCISE OF 184,000 WARRANTS 2007/2012 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: BANDAR RAYA DEVELOPMENTS BERHAD
Stock Name: BRDB
Date Announced: 23/12/2010

Announcement Detail:
Subject: BRDB-EXERCISE OF 184,000 WARRANTS 2007/2012 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 184,000 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., Monday, 27 December 2010.


GENM - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GENTING MALAYSIA BERHAD
Stock Name: GENM
Date Announced: 23/12/2010

Announcement Detail:
Date of buy back: 23/12/2010

Description of shares purchased: Ordinary Shares of RM0.10 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 882,200

Minimum price paid for each share purchased ($$): 3.290

Maximum price paid for each share purchased ($$): 3.290

Total consideration paid ($$): 2,912,216.05

Number of shares purchased retained in treasury (units): 882,200

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

Cumulative net outstanding treasury shares as at to-date (units): 248,700,800

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.20

Remarks: Genting Malaysia Berhad ("Company") today acquired 882,200 shares at a total consideration of RM2,912,216.05 and at an average price of RM3.30 each, inclusive of transaction costs. This share buy-back is part of the Company's continuing efforts under its capital management programme, which the Company constantly monitors together with its strategies of business expansion (through organic growth or acquisitions) and capital distribution. The Company shall continue to pursue share buy-back efforts when opportunities present themselves, pursuant to the mandate approved by the Company's shareholders on 9 June 2010.

Based on the Company's issued and paid-up share capital of 5,915,254,648 ordinary shares as at 23 December 2010, and after taking into account the cumulative net outstanding treasury shares to-date of 248,700,800 (representing approximately 4.20% of the issued and paid-up share capital), the Company intends to purchase up to a further 342,824,665 of its shares (representing approximately 5.80% of the issued and paid-up share capital) within the next 6 months.


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

Announcement Type: Listing Circular
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 23/12/2010

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

Contents: Kindly be advised that the abovementioned Company's additional 215,400 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., Monday, 27 December 2010.


SUNRISE - General Announcement

Announcement Type: General Announcement
Company Name: SUNRISE BERHAD
Stock Name: SUNRISE
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: Incorporation of a wholly owned subsidiary in the Republic of Singapore - Sunrise Overseas (S) Pte Ltd

Contents: Sunrise Berhad ("Company" or "Sunrise") hereby announces the incorporation of a wholly owned subsidiary, Sunrise Overseas (S) Pte Ltd ("SOPL"), in the Republic of Singapore under the Companies Act, (Cap 50) on 23 December 2010.

The Company has subscribed for one ordinary share, representing the entire issued and paid-up share capital of SOPL for a total consideration of S$1. The intended principal activities of SOPL are promotion and management services relating to the Sunrise Group's properties in Malaysia.

The incorporation of SOPL is not expected to have any material financial effect on the earnings per share, net assets per share and gearing of the Sunrise Group for the financial year ending 30 June 2011.

None of the Directors and/or major shareholders of Sunrise and/or persons connected to them, have any interest, direct or indirect, in the incorporation of SOPL.


KYM - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: KYM HOLDINGS BERHAD
Stock Name: KYM
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: KYM HOLDINGS BHD. ("KYM" OR THE "COMPANY")

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: We refer to the Company's announcement dated 6 August 2010 and 6 December 2010 in relation to the Proposed Acquisition.

On behalf of the Board of Directors of KYM, MIMB Investment Bank Berhad is pleased to announce that the shareholders of the Company have approved the resolution pertaining to the Proposed Acquisition as set out in the Notice of Extraordinary General Meeting ("EGM") dated 8 December 2010 at the EGM held today.

Pursuant thereto, all the conditions precedent stipulated in the conditional shares sale agreement for the Proposed Acquisition dated 6 August 2010 entered into between Polypulp, and Dato' Ayoub Bin Ismail and Datin Miriam Nazlee Bt Tan Sri A. B. Samad ("SSA") have been fulfilled and the SSA has become unconditional. The Proposed Acquisition is currently pending completion.

This announcement is dated 23 December 2010.


LEWEKO - General Announcement

Announcement Type: General Announcement
Company Name: LEWEKO RESOURCES BERHAD
Stock Name: LEWEKO
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: PROPOSED SUBSCRIPTION OF 5 MILLION REDEEMABLE PREFERENCE SHARES AND INVESTMENT IN KAMPUNG KENAYAT SDN. BHD. BY MAJU WEKO TIMBER INDUSTRIES SDN. BHD.

Contents: The definitions used in this announcement shall have the same meanings as those used in the announcement dated 25 November 2010 pertaining to the above matter.

We refer to the announcement dated 25 November 2010 in relation to the Proposed Subscription and Investment.

The Board of Directors of Leweko Resources Berhad wishes to announce that the Proposed Subscription and Investment has been completed today.

This announcement is dated 23 December 2010.


PRLEXUS - Quarterly rpt on consolidated results for the financial period ended 31/10/2010

Announcement Type: Financial Results
Company Name: PROLEXUS BERHAD
Stock Name: PRLEXUS
Date Announced: 23/12/2010

Announcement Detail:
Financial Year End: 31/07/2011

Quarter: 1

Quarterly report for the financial period ended: 31/10/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


LINEAR - General Announcement

Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: LINEAR CORPORATION BERHAD ("Linear" or "Company")
Monthly Announcement Pursuant to Practice Note 1/2001
("PN1") of the Main Market Listing Requirements of Bursa
Malaysia Securities Berhad
Default of Payment

Contents: In compliance with paragraph 3.2 of Practice Note 1/2001 and further to
the announcement made on November 25, 2010, the Board of Directors of
Linear wishes to announce that there has been no material development
on the status as announced previously on November 25, 2010.

This announcement is dated December 23, 2010



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