December 14, 2010

Company announcements: JOBST, CIMBA40, CIMBX25, KLK, SHCHAN, BLDPLNT, SUNRISE, SAPCRES, HWGB

JOBST - JOBST-Employees' Share Option Scheme ("Scheme")

Announcement Type: Listing Circular
Company Name: JOBSTREET CORPORATION BERHAD
Stock Name: JOBST
Date Announced: 14/12/2010

Announcement Detail:
Subject: JOBST-Employees' Share Option Scheme ("Scheme")

Contents: Kindly be advised that the abovementioned Company's additional 391,490 new ordinary shares of RM0.20 each issued pursuant to the Scheme will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 15 December 2010.


CIMBA40 - CIMB FTSE ASEAN 40 Malaysia - IOPV after close of morning trading session as at 14-Dec-10

Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 14/12/2010

Announcement Detail:
Type: Announcement

Subject: CIMB FTSE ASEAN 40 Malaysia - IOPV after close of morning trading session as at 14-Dec-10

Contents: Fund: CIMB FTSE ASEAN 40 Malaysia
IOPV per unit (RM): 1.5772
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,168.03


CIMBX25 - CIMB FTSE China 25 - IOPV after close of morning trading session as at 14-Dec-10

Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE XINHUA CHINA 25
Stock Name: CIMBX25
Date Announced: 14/12/2010

Announcement Detail:
Type: Announcement

Subject: CIMB FTSE China 25 - IOPV after close of morning trading session as at 14-Dec-10

Contents: Fund: CIMB FTSE China 25
IOPV per unit (RM): 1.0600
Units in circulation (units): 19,500,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 19,228.81


KLK - General Announcement

Announcement Type: General Announcement
Company Name: KUALA LUMPUR KEPONG BERHAD
Stock Name: KLK
Date Announced: 14/12/2010

Announcement Detail:
Type: Announcement

Subject: KUALA LUMPUR KEPONG BERHAD ("KLK" or "the Company")
PROPOSED SUBSCRIPTION BY KLK GROUP TO RIGHTS ISSUE OF NEW ORDINARY SHARES IN YULE CATTO & CO. PLC ("Yule Catto")

Contents: Introduction

Pursuant to paragraph 9.03 of the Bursa Malaysia Main Market Listing Requirements, this announcement is made by KLK for information only.


Background

KLK and its wholly-owned subsidiary, KL-Kepong International Ltd. ("KLKI") currently hold a total of 27,414,414 shares in Yule Catto, or 18.82% of its issued share capital. Yule Catto is a FTSE 250 UK specialty chemical manufacturer and is listed on the London Stock Exchange.

On 13 December 2010, Yule Catto announced a proposed acquisition ("Acquisition") of PolymerLatex Group an European emulsion polymer products manufacturer with assets in Europe and Asia, for a purchase consideration of approximately ?443 million (?376 million). The Acquisition will be financed by Yule Catto via a combination of a rights issue to raise approximately ?225 million and bank borrowings for the remaining balance of the purchase consideration.

Accordingly, Yule Catto has announced an underwritten rights issue of 4 new ordinary shares for each 3 existing ordinary shares held, at an issue price of 116 pence per share (the closing market price for Yule Catto shares on Friday, 10 December 2010 was 260 pence) ("the Rights Issue").

KLK has given Yule Catto an Irrevocable Undertaking ("IU") that the KLK Group will subscribe for all its rights shares entitlement under the Rights Issue.


Details of the Proposed Subscription

The Rights Issue is subject to Yule Catto's shareholders approval at a General Meeting to be held on 30 December 2010.

KLK intends to assign to KLKI all of its rights entitlement arising from its existing Yule Catto shareholding, and KLKI will thus subscribe in full for both its and KLK's entire rights entitlement arising from the Rights Issue.

Upon subscription of the Rights Issue, the KLK Group will acquire 36,552,552 new Yule Catto ordinary shares representing approximately 18.82% of the new ordinary shares to be issued under the Rights Issue. The cost for KLKI to subscribe for all of the KLK Group's rights share entitlement is ?42.4 million or RM209.8 million (based on an exchange rate of ?1 = RM4.95). KLK will provide KLKI with the funds to subscribe for the Rights Issue, to be financed by KLK's existing cash reserves and bank borrowings.

Acceptance and payment in full for the Proposed Subscription will be due by 17 January 2011, following approval by Yule Catto shareholders of the Rights Issue.


Effects of the Proposed Subscription

The Proposed Subscription will not have any effect on the share capital and shareholding structure of KLK. It is not expected to have any material effect on the net assets, earnings and gearing of the KLK Group for the current financial year ending 30 September 2011.


Rationale for the Proposed Subscription

The Board of Directors of Yule Catto has stated that they are of the opinion that the Acquisition represents an attractive strategic opportunity for Yule Catto to acquire a leading emulsion polymers franchise which offers the benefits of increased scale and market share, a more diverse product offering and cost synergies. The Acquisition is projected to be earnings enhancing to Yule Catto.

The Board of Directors of KLK share the opinion that the Acquisition is beneficial for Yule Catto and the IU given by KLK is to support the Acquisition. Further, the new shares issued by Yule Catto as a result of the Rights Issue are attractive priced at a 34.7% discount to the theoretical ex-rights price of 178 pence per share.


SHCHAN - General Announcement

Announcement Type: General Announcement
Company Name: SIN HENG CHAN (MALAYA) BERHAD
Stock Name: SHCHAN
Date Announced: 14/12/2010

Announcement Detail:
Type: Announcement

Subject: SIN HENG CHAN (MALAYA) BERHAD ("SHCMB")
- ACQUISITION OF 80% EQUITY INTEREST IN ASSAR-TUBAU PLANTATION SDN BHD ("ASSAR-TUBAU") ("Acquisition)

Contents: We refer to the Company's announcements on 23 January 2009 (Reference No.SH-090122-68263) and 17 February 2009 (Reference No. SH-090216-37124) with regard to the Sale Shares & Shareholders and Development Agreement with the Vendors of ASSAR-TUBAU to acquire 80% equity interest in ASSAR-TUBAU comprising 80,000 ordinary shares of RM1.00 each for a total cash consideration of RM2,173,052.00.

The Board of Directors of SHCMB wishes to announce that the Acquisition has been completed on 9 December 2010.

This announcement is dated 14 December 2010.


BLDPLNT - PLANTATION PRODUCTION FIGURES FOR THE MONTH OF NOVEMBER 2010

Announcement Type: General Announcement
Company Name: BLD PLANTATION BHD.
Stock Name: BLDPLNT
Date Announced: 14/12/2010

Announcement Detail:
Type: Announcement

Subject: PLANTATION PRODUCTION FIGURES FOR THE MONTH OF NOVEMBER 2010

Contents: Production figures for the month of November 2010 were as follows:


SUNRISE - General Announcement

Announcement Type: General Announcement
Company Name: SUNRISE BERHAD
Stock Name: SUNRISE
Date Announced: 14/12/2010

Announcement Detail:
Type: Announcement

Subject: Sunrise Berhad ("Sunrise" or "Company")
Conditional Take-Over Offer by UEM Land Holdings Berhad ("ULHB") to acquire all the ordinary shares of RM1.00 each in Sunrise (excluding treasury shares) not already owned by ULHB ("Offer")

Disclosure of dealings pursuant to Section 36 the Malaysian Code on Take-Overs and Mergers 1998 and Paragraph 11.07 of Bursa Malaysia Securities Berhad Main Market Listing Requirements

Contents: The Company, on behalf of its connected person named in Table A, hereby announces its dealing in the shares of the Company on the date stated therein. Details of the dealing are set out in Table A attached herewith.

Attachments: 2010 12 14 Table A.pdf


SAPCRES - General Announcement

Announcement Type: General Announcement
Company Name: SAPURACREST PETROLEUM BERHAD
Stock Name: SAPCRES
Date Announced: 14/12/2010

Announcement Detail:
Type: Announcement

Subject: Article in "The Edge" December 13, 2010 at page 10 with the heading "SapuraCrest courting Petra Perdana?" - Clarification

Contents: The article above is referred to.

SapuraCrest Petroleum Berhad wishes to advise that it is not in any discussions with regards to acquiring Petra Perdana Bhd.

This announcement is dated 14 December 2010.


HWGB - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name: HO WAH GENTING BERHAD
Stock Name: HWGB
Date Announced: 14/12/2010

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: ESOS

Details of corporate proposal: ESOS

No. of shares issued under this corporate proposal: 1,025,500

Issue price per share ($$): MYR 0.200

Par Value ($$): MYR 0.200

Units: 457,539,961

Currency: MYR 91,507,992.200

Listing Date: 15/12/2010



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