December 23, 2010

Company announcements: KWANTAS, OCI, HAISAN, SCOMI, DOMINAN, FAVCO, TOMEI, SCNWOLF, HANDAL, SUNCRN

KWANTAS - ANNOUNCEMENT ON RESOLUTIONS PASSED ON FIFTEENTH ANNUAL GENERAL MEETING ("AGM")

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

Announcement Detail:
Type: Announcement

Subject: ANNOUNCEMENT ON RESOLUTIONS PASSED ON FIFTEENTH ANNUAL GENERAL MEETING ("AGM")

Contents: Kwantas Corporation Berhad ("KCB" or "the Company") wishes to announce that all resolutions set out in the Notice of AGM dated 30 November 2010 were duly passed by the shareholders of the Company at the AGM held on 23 December 2010.


OCI - General Announcement

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

Announcement Detail:
Type: Announcement

Subject: NOTICE OF MEETING OF UNSECURED SCHEME CREDITORS OF OCI BHD PURSUANT TO SECTION 176 OF THE COMPANIES ACT 1065

Contents: NOTICE OF MEETING OF UNSECURED CREDITORS OF OCI BHD PURSUANT TO SECTION 176 OF THE COMPANIES ACT 1065

Attachments: Notice of CCM to Scheme Creditors.doc


HAISAN - HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY") - PROPOSED CHANGE OF AUDITORS

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

Announcement Detail:
Type: Announcement

Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- PROPOSED CHANGE OF AUDITORS

Contents: The Board of Directors of HAISAN ("Board") wishes to announce that the Company has received a letter from Messrs. BDO dated 21 December 2010 giving notice of their resignation as Auditors of the Company. Pursuant to Section 172(15) of the Companies Act 1965, their resignation will take effect upon the appointment of a new Auditors as the Company's Auditors.

Subsequently, on 22 December 2010, the Company has received a notice of nomination from a shareholder of the Company, Able Capital Ventures Sdn Bhd to nominate Messrs. Wong Weng Foo & Co. as the Auditors of the Company for the financial year ending 31 December 2010 in place of Messrs. BDO and to hold office until the conclusion of the next Annual General Meeting of the Company and at a remuneration to be determined by the Board of the Company.

The Proposed Change of Auditors is subject to the approval of the shareholders of the Company at an Extraordinary General Meeting ("EGM") to be convened.

A Circular to Shareholders in relation to the Proposed Change of Auditors and a notice of the EGM will be circulated to shareholders of the Company in due course.

This announcement is dated 23 December 2010.


SCOMI - General Announcement

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

Announcement Detail:
Type: Announcement

Subject: SCOMI GROUP BHD ("SGB" OR "COMPANY")

PROPOSED DISPOSAL BY SCOMI ENERGY SDN BHD ("SCOMI ENERGY"), A WHOLLY-OWNED SUBSIDIARY OF SGB, OF 70,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 70% OF THE ORDINARY SHAREHOLDING AND 612 IRREDEEMABLE NON-CUMULATIVE CONVERTIBLE PREFERENCE SHARES OF RM1.00 EACH REPRESENTING 51% OF THE PREFERENCE SHAREHOLDING IN SCOMI NTC SDN BHD ("SCOMI NTC") TO CAMERON SOLUTIONS INC. ("CAMERON") FOR A TOTAL CASH CONSIDERATION OF USD3.0 MILLION ("PROPOSED DISPOSAL")

Contents: The Board of Directors of SGB ("Board") wishes to announce that Scomi Energy, a wholly-owned subsidiary of SGB, on 23 December 2010 entered into a conditional share purchase agreement with Cameron ("CSPA") for the disposal of 70,000 ordinary shares of RM1.00 each representing 70% of the ordinary shareholding and 612 irredeemable non-cumulative convertible preference shares of RM1.00 each representing 51% of the preference shareholding in Scomi NTC ("Sale Shares") to Cameron for a total cash consideration of USD3.0 million (equivalent to approximately RM9.4 million based on the exchange rate of USD1: RM3.13, as quoted by Bank Negara Malaysia on 22 December 2010).

Further details on the Proposed Disposal are set out in the attached file.

This Announcement is dated 23 December 2010.

Attachments: Final Announcement 2010.12.23.pdf


DOMINAN - Corporate Guarantee to Supplier of Subsidiary Company

Announcement Type: General Announcement
Company Name: DOMINANT ENTERPRISE BERHAD
Stock Name: DOMINAN
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: Corporate Guarantee to Supplier of Subsidiary Company

Contents: The Board of Directors of Dominant Enterprise Berhad ('DOMINAN') wishes to announce that a Corporate Guarantee of RM200,000 (Ringgit Malaysia : Two Hundred Thousand Only) has been executed in favour of Messrs. Frontier Rooftiles Sdn. Bhd., a supplier of DOMINAN's wholly-owned subsidiary, Jurihan Sdn. Bhd. ('JURIHAN') for the credit given for supply of goods to JURIHAN


This Announcement is dated 23 December 2010.


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

Announcement Type: Listing Circular
Company Name: FAVELLE FAVCO BERHAD
Stock Name: FAVCO
Date Announced: 23/12/2010

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

Contents: Kindly be advised that the abovementioned Company's additional 8,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 27 December 2010.


TOMEI - MEMBERS' VOLUNTARY WINDING-UP OF A SUBSIDIARY COMPANY - TOMEI GOLD & JEWELLERY (B) SDN BHD

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

Announcement Detail:
Type: Announcement

Subject: MEMBERS' VOLUNTARY WINDING-UP OF A SUBSIDIARY COMPANY
- TOMEI GOLD & JEWELLERY (B) SDN BHD

Contents: With reference to the announcement made on 29 July 2010, the Board of Directors of Tomei Consolidated Berhad ("TCB) wishes to announce that its subsidiary namely, Tomei Gold & Jewellery (B) Sdn Bhd (In Members' Voluntary Liquidation) ("Tomei Brunei") has been voluntarily wound up by the members on 22 December 2010 in accordance with the laws and regulations prevailing in Brunei.

The Liquidator for the Members' Voluntary Liquidation was Ernst & Young. There are no material losses or effects on the net assets per share and earnings per share of TCB Group arising from the liquidation.


This announcement is dated 23 December 2010.


SCNWOLF - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 23/12/2010

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

Description of shares purchased: Ordinary Shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 22,000

Minimum price paid for each share purchased ($$): 0.385

Maximum price paid for each share purchased ($$): 0.385

Total consideration paid ($$): 8,532.37

Number of shares purchased retained in treasury (units): 22,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,203,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.50


HANDAL - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: HANDAL RESOURCES BERHAD
Stock Name: HANDAL
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: HANDAL RESOURCES BERHAD ("HANDAL" OR THE "COMPANY")

(I) ("PROPOSED RIGHTS ISSUE");

(II) ("PROPOSED BONUS ISSUE");

(III) ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND

(IV) ("PROPOSED AMENDMENTS")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: We refer to the above-captioned and the announcement made on 21 September 2010 in relation to the Proposals. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.

On behalf of the Board of Directors of Handal Resources Berhad ("Handal" or the "Company") ("Board"), OSK Investment Bank Berhad ("OSK") wishes to announce that the Board had on 23 December 2010 resolved to revise the basis for the issuance of the Proposed Bonus Issue from 20,000,000 Bonus Shares on the basis of one (1) Bonus Share for every three (3) Rights Shares subscribed, to 10,000,000 Bonus Shares on the basis of one (1) Bonus Share for every six (6) Rights Shares subscribed by the Entitled Shareholders and/or their renouncee(s) on the Entitlement Date ("Revision").

The details for the revision of the Proposed Bonus Issue are set out in the attachment below.

This announcement is dated 23 December 2010.

Attachments: Announcement (23 December 2010).pdf


SUNCRN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD
Stock Name: SUNCRN
Date Announced: 23/12/2010

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

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 63,300

Minimum price paid for each share purchased ($$): 1.900

Maximum price paid for each share purchased ($$): 1.970

Total consideration paid ($$): 123,416.53

Number of shares purchased retained in treasury (units): 63,300

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

Cumulative net outstanding treasury shares as at to-date (units): 1,955,000

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 (%): 4.77



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