December 28, 2010

Company announcements: GFB, MITHRIL, KYM, SPSETIA, SANBUMI, SAAG, MAXBIZ

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: 28/12/2010

Announcement Detail:
Date of buy back: 28/12/2010

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 8,000

Minimum price paid for each share purchased ($$): 1.390

Maximum price paid for each share purchased ($$): 1.390

Total consideration paid ($$): 11,202.06

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): 2,101,700

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 (%): 3.71

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

This announcement is dated 28/12/2010.


MITHRIL - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: MITHRIL BERHAD
Stock Name: MITHRIL
Date Announced: 28/12/2010

Announcement Detail:
Type: Announcement

Subject: MITHRIL BERHAD ("MITHRIL" OR THE "COMPANY")
PROPOSED DISPOSAL OF EIGHT (8) SUBSIDIARY PARCELS OF COMMERCIAL/OFFICE SPACE FORMING PART OF AN ELEVEN (11)-STOREY OFFICE BUILDING BY MITHRIL BERHAD TO EPISO REALTY DEVELOPMENT SDN BHD ("EPISO REALTY" OR "PURCHASER") ("PROPOSED DISPOSAL")

Contents: Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the announcements dated 21 and 24 December 2010 ("Announcements").

Further to the Announcements, the Company wishes to further clarify that the Proposed Disposal by Mithril is inter-conditional upon the disposal by MAA of MAA's portion in the office building known as Menara MAA Kuching.

As announced on 21 December 2010, Mithril and MAA have entered into a sale and purchase agreement on 21 December 2010 with Episo Realty for the disposal of Menara MAA Kuching for a total cash consideration of RM19,000,000. Mithril owns eight (8) levels of Menara MAA Kuching while MAA owns the remainder of the Property.

This announcement is dated 28 December 2010.


KYM - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: KYM HOLDINGS BERHAD
Stock Name: KYM
Date Announced: 28/12/2010

Announcement Detail:
Type: Announcement

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

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 ("ACQUISITION")

Contents: We refer to the Company's announcement dated 27 December 2010 in relation to the Acquisition.

On behalf of the Board of Directors of KYM, MIMB Investment Bank Berhad wishes to announce that pursuant to the Acquisition, 1,470,588 new ordinary shares of RM0.50 each in KYM have been issued and listed on the Main Market of Bursa Malaysia Securities Berhad today. Hence, the Acquisition is deemed completed today.

This announcement is dated 28 December 2010.


SPSETIA - SPSETIA- EXERCISE OF 500 WARRANTS 2008/2013 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 28/12/2010

Announcement Detail:
Subject: SPSETIA- EXERCISE OF 500 WARRANTS 2008/2013 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 500 new ordinary shares of RM0.75 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Thursday, 30 December 2010.


SANBUMI - Sanbumi Holdings Berhad - Monthly timber production figure

Announcement Type: General Announcement
Company Name: SANBUMI HOLDINGS BERHAD
Stock Name: SANBUMI
Date Announced: 28/12/2010

Announcement Detail:
Type: Announcement

Subject: Sanbumi Holdings Berhad -
Monthly timber production figure

Contents: Pursuant to paragraph 9.36 of the Listing Requirements of Bursa Malaysia Securities Berhad, Sanbumi Holdings Berhad wishes to announce that the timber production figure for the month of November 2010 of the Sanbumi Group is Nil.

This announcement is dated 28 December 2010.


SAAG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 28/12/2010

Announcement Detail:
Type: Announcement

Subject: SAAG Consolidated (M) Bhd ("SAAG" or "the Company")
- Members' Voluntary Winding-Up of Subsidiary of SAAG

Contents: Members' Voluntary Winding-Up of Subsidiary of SAAG


MAXBIZ - General Announcement

Announcement Type: General Announcement
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 28/12/2010

Announcement Detail:
Type: Announcement

Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- PROPOSED ACQUISITION OF PT JASA MEDIVEST BY THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, DUTAMAS SME SDN BHD

Contents: The Board of Directors of Maxbiz is pleased to announce that the Company's wholly-owned subsidiary, Dutamas SME Sdn Bhd (Dutamas), had on 28 December 2010 made a confidential offer to acquire 95% equity interest of PT Jasa Medivest (PTJM) from Pantai Medivest Sdn Bhd (PMSB) (Proposed Acquisition).

PTJM is presently a 95% subsidiary of PMSB and the remaining 5% equity interest of PTJM is owned by PT Jasa Sarana, an investment arm of the West Jawa Provincial Government. PTJM is a company incorporated in Indonesia as a medical waste concessionaire and incinerator.

The Board believes that this acquisition will be beneficial to the Maxbiz Group as it will provide an additional income stream to supplement its existing textile dyeing and chemical trading businesses.

Full details on the Proposed Acquisition will be announced once Dutamas' offer has been accepted and upon Dutamas entering into the Sale and Purchase Agreement for the Proposed Acquisition.

None of the Directors, Major Shareholders and/or persons connected to them have any interest in the Proposed Acquisition.

This announcement is dated 28 December 2010.



No comments:

Post a Comment