December 22, 2010

Company announcements: BJRTAIL, LBS, SMPC, CENTURY, COCOLND, DIALOG, POLY, DAIBOCI, GFB

BJRTAIL - General Announcement

Announcement Type: General Announcement
Company Name: BERJAYA RETAIL BERHAD
Stock Name: BJRTAIL
Date Announced: 22/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in Securities of Berjaya Retail Berhad ("Company") outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealing in the securities of the Company by Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Director/Chairman of 7-Eleven Malaysia Sdn Bhd, a major subsidiary of the Company, as set out in the table below.


LBS - General Announcement

Announcement Type: General Announcement
Company Name: LBS BINA GROUP BERHAD
Stock Name: LBS
Date Announced: 22/12/2010

Announcement Detail:
Type: Announcement

Subject: PROPOSED ACQUISITION OF 30% EQUITY INTEREST IN ASTANA MODAL (M) SDN BHD BY LBS BINA HOLDINGS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF LBS BINA GROUP BERHAD

Contents: Reference is made to the announcement made by LBS Bina Group Berhad ("LBGB" or "Company") on 20 December 2010 ("Announcement").

For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Announcement.

The Company wishes to provide further information on the development project undertaken by AMMSB:-

The development project of AMMSB is a joint venture project between Kumpulan Darul Ehsan Berhad (landowner) and AMMSB (developer) on a piece of 99-year leasehold land (expiring in October 2108) measuring approximately 200 acres in Mukim Dengkil, Daerah Sepang, Negeri Selangor.

Under the JVA signed on 26 February 2004, the landowner is only entitled to RM100,000.00 per acre for the respective phases of the development project on any part or parts of the Development Land developed by AMMSB ("Landowner's Entitlement") whereas AMMSB shall develop the project at its own cost and entitle to the entire Development Profit (as defined in the JVA) of the respective phases of the project less Landowner's Entitlement for the respective phases of the project. Estimated cost of development for the project is RM1.7 billion and the funding is through project financing from local financial institutions.

The project is tentatively known as D'Island Residence. Phase I of the project is planned to be launched to public in February/March 2011. Site clearance and earthwork on Phase I of the project site has commenced in August 2010.

The project is tentatively planned to be a self-contained township which consists of the following mixed developments, spanning over an estimated project period of 8 years and is expected to end in year 2018:

i) Superlink House
ii) Semi-Detached unit
iii) Bungalow
iv) Condominium
v) Commercial hub
vi) Club House
This announcement is dated 22 December 2010.


SMPC - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 22/12/2010

Announcement Detail:
Type: Announcement

Subject: SMPC CORPORATION BERHAD ("SMPC" OR "COMPANY")
- Proposed Capital Reduction and Consolidation;
- Proposed Rights Issue;
- Proposed Creditor Settlement; and
- Proposed Increase in Authorised Share Capital.

(Collectively referred to as the "Proposals")

Contents: We refer to the announcements dated 3 July 2008 and 6 October 2010 in relation to the Proposals.

Pursuant thereto and in view of the developments that have taken place since the announcement of the initial proposals, Public Investment Bank Berhad ("PIVB") wishes to announce that the Board having deliberated on the Proposals and after taking into consideration of the present financial and cash flow position of the SMPC Group, proposes to revise the initial proposals as announced on 3 July 2008. The revised proposals to be undertaken by the Company are as follows:

(i) Proposed reduction of RM58,180,469 from the issued and paid-up share capital of the Company pursuant to Section 64(1) of the Companies Act, 1965 ("Act"), by way of cancellation of RM0.90 from each existing ordinary share of RM1.00 each in SMPC and thereafter the consolidation of ten (10) ordinary shares of RM0.10 each into one (1) ordinary share of RM1.00 each ("SMPC Share") on a date to be determined by the Board and announced later ("Entitlement Date") ("Proposed Revised Capital Reduction and Consolidation");

(ii) Proposed renounceable rights issue of 6,464,496 new ordinary shares of RM1.00 each in SMPC ("Rights Shares") together with 12,928,992 free new detachable warrants ("Warrants") at an indicative issue price of RM1.00 per Rights Share on the basis of one (1) Rights Share together with two (2) free new Warrants for every one (1) SMPC Share held after the Proposed Revised Capital Reduction and Consolidation, at the Entitlement Date ("Proposed Revised Rights Issue of Shares with Warrants");

(iii) Proposed renounceable rights issue of up to RM32,322,480 nominal value zero coupon 10-year irredeemable convertible unsecured loan stocks ("ICULS") at 100% of the nominal value of RM0.10 each on the basis of RM5.00 nominal value of ICULS for every one (1) existing SMPC Share held after the Proposed Revised Capital Reduction and Consolidation, at the Entitlement Date based on a minimum subscription level of RM15,535,505 nominal value of ICULS ("Proposed Revised Rights Issue of ICULS");

(The Proposed Revised Rights Issue of Shares with Warrants and the Proposed Revised Rights Issue of ICULS are collectively referred to as the "Proposed Revised Rights Issues")

(iv) Proposed restricted issue of up to 2,984,900 Warrants to the holders of the unexercised 2000/2010 Warrants ("Unexercised Warrants") on 21 November 2010, being the expiry date of the 2000/2010 Warrants ("Expiry Date") at an indicative issue price of RM0.02 per Warrant on the basis of one (1) new Warrant for every five (5) Unexercised Warrants held, at the Expiry Date ("Proposed Restricted Issue of Warrants");

(v) Proposed restructuring of debts owing to certain financial institution creditors ("FI Creditors") of the SMPC Group after the Proposed Revised Capital Reduction and Consolidation ("Proposed Debt Restructuring");

(vi) Proposed exemption under Practice Note 9 of the Malaysian Code of Take-Overs and Mergers 2010 ("Code") to Southeast Asia Special Assets Management Berhad ("SEASAM") from the obligation to extend a mandatory take-over offer for the remaining SMPC Shares and any other convertible securities not already owned by SEASAM upon the completion of the Proposed Debt Restructuring ("Proposed Exemption");

(vii) Proposed creditor settlement involving the issuance of RM10,000,000 nominal value zero coupon 10-year ICULS at 100% of the nominal value of RM0.10 each and 1,200,000 SMPC Shares after the Proposed Revised Capital Reduction and Consolidation ("Proposed Revised Creditor Settlement");

(viii) Proposed increase in the authorised share capital of SMPC from RM100,000,000 comprising 100,000,000 ordinary shares of RM1.00 each to RM800,000,000 comprising 800,000,000 ordinary shares of RM1.00 each ("Proposed Revised Increase in Authorised Share Capital"); and

(ix) Proposed amendments to the Memorandum and Articles of Association of SMPC ("M&A") to facilitate the increase in the authorised share capital of SMPC pursuant to the Proposed Revised Increase in Authorised Share Capital ("Proposed M&A Amendments").

(The Proposed Revised Capital Reduction and Consolidation, Proposed Revised Rights Issues, Proposed Restricted Issue of Warrants, Proposed Exemption, Proposed Debt Restructuring, Proposed Revised Creditor Settlement, Proposed Revised Increase in Authorised Share Capital and Proposed M&A Amendments are collectively referred to as the "Revised Proposals")

The full text of the Revised Proposals is set out in the attachment to this announcement.

This announcement is dated 22 December 2010.

Attachments: SMPC-Details of Revised Proposals.pdf


CENTURY - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 22/12/2010

Announcement Detail:
Date of buy back from: 08/12/2010

Date of buy back to: 09/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 33,000

Minimum price paid for each share purchased ($$): 1.750

Maximum price paid for each share purchased ($$): 1.780

Total amount paid for shares purchased ($$): 58,194.00

The name of the stock exchange through which the shares were purchased: BURSA MALAYSIA SECURITIES BERHAD

Number of shares purchased retained in treasury (units): 33,000

Total number of shares retained in treasury (units): 3,347,720

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 22/12/2010

Lodged by: Securities Services (Holdings) Sdn. Bhd.


COCOLND - ACQUISITION OF NEW SUBSIDIARY

Announcement Type: General Announcement
Company Name: COCOALAND HOLDINGS BERHAD
Stock Name: COCOLND
Date Announced: 22/12/2010

Announcement Detail:
Type: Announcement

Subject: ACQUISITION OF NEW SUBSIDIARY

Contents: The Board of Directors of Cocoaland Holdings Berhad ("Cocoaland" or "the Company") is pleased to announce that the Company has on 22 December 2010 acquired the entire issued and paid-up share capital of CCL Food & Beverage Sdn. Bhd. ("CFBSB") comprising 2 ordinary shares of RM1.00 each at a total cash consideration of RM2.00, making it a wholly owned subsidiary of the Company.

CFBSB was incorporated under the Companies Act, 1965 on 15 November 2010 and it is currently dormant.

The acquisition does not have any material effect on the net assets, earnings and gearing of Cocoaland for the financial year ending 31 December 2010.

None of the Directors, major shareholders of the Company and/or persons connected with them has any interest, whether direct or indirect in the aforesaid acquisition save for Mr. Lau Pak Lam and Mr. Lau Kwai Choon, who are the first subscribers of CFBSB. Mr. Lau Pak Lam and Mr. Lau Kwai Choon are directors of Cocoaland and/or its subsidiaries.

This announcement is dated 22 December 2010.


DIALOG - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: DIALOG GROUP BERHAD
Stock Name: DIALOG
Date Announced: 22/12/2010

Announcement Detail:
Date of buy back from: 13/12/2010

Date of buy back to: 13/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 238,300

Minimum price paid for each share purchased ($$): 1.600

Maximum price paid for each share purchased ($$): 1.600

Total amount paid for shares purchased ($$): 382,738.23

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 238,300

Total number of shares retained in treasury (units): 22,694,971

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 22/12/2010

Lodged by: Dialog Group Berhad


POLY - Dealings by Directors outside closed period

Announcement Type: General Announcement
Company Name: POLY GLASS FIBRE (M) BERHAD
Stock Name: POLY
Date Announced: 22/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealings by Directors outside closed period

Contents: Pursuant to paragraph 14.09(a) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities"), the following Director of POLY GLASS FIBRE (M) BHD has transacted in securities of the Company with details as follows: -

Name of Director: Fong Wah Kai

Date of Transaction: 17 - 21 December 2010

Nature: Indirect

Amount of Securities acquired (indirect): 80,000 ordinary shares of RM1.00 each

Percentage of Securities acquired: 0.05%

Total no. of Securities (%) held after acquisition are as follows: -

Direct: 6,798,800 (4.25%)
Indirect: 75,023,400 (46.90%)

Transacted price: RM0.350-RM0.355 per ordinary share



Dated this 22nd day of December 2010


DAIBOCI - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 22/12/2010

Announcement Detail:
Date of buy back: 22/12/2010

Description of shares purchased: Ordinary shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 15,000

Minimum price paid for each share purchased ($$): 2.550

Maximum price paid for each share purchased ($$): 2.570

Total consideration paid ($$): 38,608.47

Number of shares purchased retained in treasury (units): 15,000

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

Cumulative net outstanding treasury shares as at to-date (units): 618,900

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 (%): 0.82


DAIBOCI - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 22/12/2010

Announcement Detail:
Date of buy back from: 09/12/2010

Date of buy back to: 20/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 160,000

Minimum price paid for each share purchased ($$): 2.350

Maximum price paid for each share purchased ($$): 2.500

Total amount paid for shares purchased ($$): 388,760.14

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 160,000

Total number of shares retained in treasury (units): 593,900

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 22/12/2010

Lodged by: Tan Gaik Hong


GFB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 22/12/2010

Announcement Detail:
Date of buy back: 22/12/2010

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 12,000

Minimum price paid for each share purchased ($$): 1.360

Maximum price paid for each share purchased ($$): 1.370

Total consideration paid ($$): 16,490.14

Number of shares purchased retained in treasury (units): 12,000

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

Cumulative net outstanding treasury shares as at to-date (units): 2,051,600

Adjusted issued capital after cancellation (no. of shares) (units): 56,616,106

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.62

Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.

This announcement is dated 22/12/2010.



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