December 30, 2010

Company announcements: CBSTECH, SERSOL, GRANFLO, EQUATOR, MTOUCHE, MIKROMB

CBSTECH - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: CBS TECHNOLOGY BERHAD
Stock Name: CBSTECH
Date Announced: 30/12/2010

Announcement Detail:
Date of change: 31/12/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Non Independent & Non Executive

Name: Tan Tian Sin

Age: 50

Nationality: Malaysian

Qualifications: Engineering Council (UK), Electronic Electrical
Diploma in Electronic Engineering

Working experience and occupation: Mr. Tan Tian Sin is an engineer by profession. He was previously a Managing Director of Infodata Media Sdn. Bhd. after been working with Entech Engineering Sdn. Bhd., Mecomb Malaysia Sdn. Bhd. as sales engineer and Rosemount (M) Sdn. Bhd. as a sales manager.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: 32,058,000

Composition of Audit Committee (Name and Directorate of members after change): 1. General Dato' Seri Panglima Mohd Azumi bin Mohamed (Rtd) - Independant Non-Executive Director (Chairman)
2. Mr. Choo Kok Liong - Independant Non-Executive Director (Member)
3. Mr. Tan Tian Sin - Non-Independant Non-Executive Director (Member)


CBSTECH - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: CBS TECHNOLOGY BERHAD
Stock Name: CBSTECH
Date Announced: 30/12/2010

Announcement Detail:
Date of change: 31/12/2010

Type of change: Resignation

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Fong Wai Leong

Age: 41

Nationality: Malaysian

Qualifications: -

Working experience and occupation: -

Directorship of public companies (if any): -

Family relationship with any director and/or major shareholder of the listed issuer: -

Any conflict of interests that he/she has with the listed issuer: -

Details of any interest in the securities of the listed issuer or its subsidiaries: -

Composition of Audit Committee (Name and Directorate of members after change): 1. General Dato' Seri Panglima Mohd Azumi bin Mohamed (Rtd) - Independant Non-Executive Director (Chairman)
2. Mr. Choo Kok Liong - Independant Non-Executive Director (Member)
3. Mr. Tan Tian Sin - Non-Independant Non-Executive Director (Member)


CBSTECH - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: CBS TECHNOLOGY BERHAD
Stock Name: CBSTECH
Date Announced: 30/12/2010

Announcement Detail:
Date of change: 31/12/2010

Type of change: Redesignation

Previous Position: Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Tan Tian Sin

Age: 50

Nationality: Malaysian

Qualifications: -

Working experience and occupation: -

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: 32,058,000


CBSTECH - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: CBS TECHNOLOGY BERHAD
Stock Name: CBSTECH
Date Announced: 30/12/2010

Announcement Detail:
Date of change: 31/12/2010

Type of change: Redesignation

Previous Position: Non-Executive Director

New Position: Executive Director

Directorate: Executive

Name: Fong Wai Leong

Age: 41

Nationality: Malaysian

Qualifications: -

Working experience and occupation: -

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: 323,650


SERSOL - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: SERSOL TECHNOLOGIES BERHAD (ACE Market)
Stock Name: SERSOL
Date Announced: 30/12/2010

Announcement Detail:
Type: Announcement

Subject: SERSOL TECHNOLOGIES BERHAD ("SERSOL" OR "COMPANY")

PROPOSALS TO FACILITATE THE COMPLIANCE WITH THE BUMIPUTERA EQUITY CONDITION COMPRISING:

(I) PROPOSED SPECIAL BUMIPUTERA ISSUE;
(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(III) PROPOSED M&A AMENDMENT.

(COLLECTIVELY KNOWN AS THE "PROPOSALS")

Contents: We refer to the announcements dated 17 May 2010, 6 July 2010, 21 July 2010 and 20 December 2010 in relation to the compliance with the Bumiputera equity condition.

On behalf of the Board of Directors of SerSol, PM Securities Sdn Bhd wishes to announce that it had submitted the applications on the above Proposals to the Equity Compliance Unit of Securities Commission and the Ministry of International Trade and Industry.

This announcement is dated 30 December 2010.


GRANFLO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GRAND-FLO SOLUTION BERHAD (ACE Market)
Stock Name: GRANFLO
Date Announced: 30/12/2010

Announcement Detail:
Date of buy back: 30/12/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 24,000

Minimum price paid for each share purchased ($$): 0.370

Maximum price paid for each share purchased ($$): 0.375

Total consideration paid ($$): 8,985.12

Number of shares purchased retained in treasury (units): 24,000

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

Cumulative net outstanding treasury shares as at to-date (units): 299,800

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 (%): 0.21


EQUATOR - General Announcement

Announcement Type: General Announcement
Company Name: EQUATOR LIFE SCIENCE BERHAD (ACE Market)
Stock Name: EQUATOR
Date Announced: 30/12/2010

Announcement Detail:
Type: Announcement

Subject: EQUATOR LIFE SCIENCE BERHAD("EQUATOR" OR THE "COMPANY")

PROPOSED DISPOSAL BY EQUATOR OF ITS 100% EQUITY INTEREST IN MONSTERA SDN BHD ("MSB") COMPRISING 1,700,000 ORDINARY SHARES OF RM1.00 EACH IN MSB TO MR. CHEE KAM GOON AND MS. WONG SUI LAN FOR A TOTAL CASH CONSIDERATION OF RM2.00

Contents: PROPOSED DISPOSAL BY EQUATOR OF ITS 100% EQUITY INTEREST IN MSB COMPRISING 1,700,000 ORDINARY SHARES OF RM1.00 EACH IN MSB TO MR. CHEE KAM GOON AND MS. WONG SUI LAN FOR A TOTAL CASH CONSIDERATION OF RM2.00

Attachments: EQUATOR_DISPOSAL OF MSB.pdf


MTOUCHE - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MTOUCHE TECHNOLOGY BERHAD (ACE Market)
Stock Name: MTOUCHE
Date Announced: 30/12/2010

Announcement Detail:
Date of buy back: 30/12/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 2,087,500

Minimum price paid for each share purchased ($$): 0.260

Maximum price paid for each share purchased ($$): 0.290

Total consideration paid ($$): 569,245.43

Number of shares purchased retained in treasury (units): 2,087,500

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

Cumulative net outstanding treasury shares as at to-date (units): 13,695,100

Adjusted issued capital after cancellation (no. of shares) (units): 242,828,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.64


MIKROMB - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: MIKRO MSC BERHAD (ACE Market)
Stock Name: MIKROMB
Date Announced: 30/12/2010

Announcement Detail:
Date of change: 30/12/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: WOON YEOW THONG

Age: 44

Nationality: MALAYSIAN

Qualifications: Mr. Woon graduated from the University of Kent at Canterbury with an Upper Second Class Honours in Law in 1988. He passed the Bar Finals examination in London and was called to the Bar of England & Wales in 1989. Mr. Woon was admitted as an Advocate & Solicitor of the High Court of Malaya in 1990.

Working experience and occupation: As senior counsel, Mr. Woon has about 20 years of experience in a wide array of commercial and corporate litigation matters. He also has a number of reported cases at the High Court and Court of Appeal.

Mr. Woon has conducted many litigation matters involving winding up and corporate reconstruction pursuant to Section 176 of the Companies Act and has also been called to give talks to officers of the Insolvency Department by the Legal Department of the Ministry of Law on bankruptcy and winding up laws. He has also given talks on General Advocacy to junior lawyers including those in Sarawak.

Directorship of public companies (if any): Xidelang Holdings Ltd

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Composition of Audit Committee (Name and Directorate of members after change): Chairman:
Lu Chee Leong (Independent Non-Executive Director)

Members:
Woon Yeow Thong (Independent Non-Executive Director)
Dr Tou Teck Yong (Independent Non-Executive Director)


MIKROMB - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: MIKRO MSC BERHAD (ACE Market)
Stock Name: MIKROMB
Date Announced: 30/12/2010

Announcement Detail:
Date of change: 30/12/2010

Type of change: Resignation

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: AZNAM BIN MANSOR

Age: 52

Nationality: MALAYSIAN

Qualifications: Encik Aznam is an Advocate & Solicitor by profession having been admitted as a Barrister of Law at Lincoln's Inn in 1984 and admitted and enrolled as an Advocate & Solicitor of the High Court of Malaya in 1986.

Working experience and occupation: He served as a Legal Assistant in Skrine & Co. upon his admission to the Malaysian Bar and became a partner of his present legal practise, Lee Hishammuddin Allen & Gledhill from 1993.

Directorship of public companies (if any): KNUSFORD BHD

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Composition of Audit Committee (Name and Directorate of members after change): Chairman:
Lu Chee Leong (Independent Non-Executive Director)

Members:
Woon Yeow Thong (Independent Non-Executive Director)
Dr Tou Teck Yong (Independent Non-Executive Director)



No comments:

Post a Comment