December 24, 2010

Company announcements: MFCB, BJCORP, SIME, MEDIA, UMW, TM, HTPADU, MEGB, TSTORE, MSC

MFCB - Dealings in Quoted Securities

Announcement Type: General Announcement
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in Quoted Securities

Contents: Pursuant to Paragraph 9.20 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, Mega First Corporation Berhad ("MFCB") wishes to inform the following in relation to the purchases and sales of quoted securities:-

(i) the aggregate purchase consideration for the period from 4 November 2010 to 23 December 2010; and

(ii) the aggregate sale consideration for the period from 1 July 2010 to 23 December 2010,

respectively have exceeded 5% of MFCB Group's audited net assets as at 31 December 2009, details of which are as per Table A below.

As at 23 December 2010, the investments in quoted securities held by MFCB Group are set out below :-

i) Total Cost : RM161.9 million
ii) Book Value : RM187.4 million
iii) Market Value : RM187.4 million

Total net gain from the sales of quoted securities by MFCB Group for the current financial year ending 31 December 2010 amounted to RM13.6 million.


This announcement is dated 24 December 2010.


BJCORP - DIRECTORS' DEALINGS IN SECURITIES DURING CLOSED PERIOD

Announcement Type: General Announcement
Company Name: BERJAYA CORPORATION BERHAD
Stock Name: BJCORP
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: DIRECTORS' DEALINGS IN SECURITIES DURING CLOSED PERIOD

Contents: Further to our announcement dated 30 November 2010 on the above and pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to directors' dealings in securities of a listed issuer during the closed period, we wish to inform that Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Chairman/Chief Executive Officer of Berjaya Corporation Berhad ("BCorp"), is deemed to have purchased the securities in BCorp, namely, the 0% Irredeemable Convertible Unsecured Loan Stocks 2005/2015 of RM0.50 nominal amount each ("ICULS") as set out in Table A below.


SIME - General Announcement

Announcement Type: General Announcement
Company Name: SIME DARBY BERHAD
Stock Name: SIME
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: Material Litigation - Civil Suit in the High Court of Malaya at Kuala Lumpur against Dato' Seri Ahmad Zubair @ Ahmad Zubir bin Haji Murshid, Dato' Mohamad Shukri bin Baharom and Abdul Rahim bin Ismail - Suit No.: D-22-NCC-2391-2010

Contents: Sime Darby Berhad ("Sime Darby" or "the Company") wishes to announce the filing of a civil suit in the High Court of Malaya at Kuala Lumpur on 24 December 2010 against Dato' Seri Ahmad Zubair @ Ahmad Zubir bin Haji Murshid, Dato' Mohamad Shukri bin Baharom and Abdul Rahim bin Ismail (together, "Defendants") in connection with the losses suffered by the Sime Darby Group in connection with Package CW2- Main Civil Works in relation to the Bakun Hydroelectric Project ("Bakun Project") and in respect of the Receipt, Discharge and Indemnity Agreement ("Indemnity Agreement") given to Dato' Mohamad Shukri bin Baharom. Steps will be taken to serve the Writ of Summons and Statement of Claim upon the Defendants once the sealed copies of the Writ of Summons and Statement of Claim are extracted from the Registry of the High Court.

The Plaintiffs' claim is set out and particularised in the Statement of Claim dated the 24 December 2010 and seeks the following relief:-

(I) An Order that Dato' Seri Ahmad Zubair @ Ahmad Zubir bin Haji Murshid, Dato' Mohamad Shukri bin Baharom and Abdul Rahim bin Ismail make restitution in the sum of RM74 million wrongly paid out in the Bakun Project;

(II) An Order that Dato' Seri Ahmad Zubair @ Ahmad Zubir bin Haji Murshid, Dato' Mohamad Shukri bin Baharom and Abdul Rahim bin Ismail make restitution in the sum of RM16.5 million wrongly paid out in the Bakun Project;

(III) An Order that damages be assessed, and be paid by Dato' Seri Ahmad Zubair @ Ahmad Zubir bin Haji Murshid, and Dato' Mohamad Shukri bin Baharom and Abdul Rahim bin Ismail for wrongfully giving away, inter alia, concrete batching plants to Sinohydro Corporation (M) Sdn Bhd;

(IV) An Order that damages be assessed for all losses caused by the Defendants and suffered by the Plaintiffs in the Bakun Project, to be paid by each of the Defendants;

(V) Aggravated or exemplary damages to be paid by each of the Defendants;

(VI) Alternatively, an Order that damages be assessed on the basis that each of the Defendants acted in breach of trust and/or fiduciary duty, and an Order that such payment be made;

(VII) A Declaration that the Indemnity Agreement purportedly given to Dato' Mohamad Shukri bin Baharom is void by reason of its illegality;

(VIII) An Order that Dato' Mohamad Shukri bin Baharom makes restitution in the sum of RM851,313.49 in respect of the Indemnity Agreement;

(IX) An Order that Dato' Seri Ahmad Zubair @ Ahmad Zubir bin Haji Murshid pay the sum of RM851,313.49 in respect of the Indemnity Agreement;

(X) Interest on all sums ordered to be paid from such period and for such rate as the Court deems fit;

(XI) Costs; and

(XII) Further or other relief.

The civil suit is filed against the Defendants following breaches of duties owed to Sime Darby and the subsidiaries named in the civil suit. The civil suit also seeks a declaration that the Indemnity Agreement is void.

The civil suit will have no operational impact on the Sime Darby Group. As for the financial impact, the losses arising from the Bakun project has been provided for. There are no losses that could arise from these proceedings except an order for payment of costs if Sime Darby or its subsidiaries were unsuccessful in this action or if the Defendants include a counterclaim which was allowed by the Court.

The Statement of Claim is attached to this announcement.

This announcement is dated 24 December 2010.

Attachments: Statement of Claim.pdf


MEDIA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: MEDIA PRIMA BERHAD
Stock Name: MEDIA
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealings by Principal Officer ("PO") of Media Prima Berhad ("The Company / MPB") outside closed period pursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements.

Contents: Pursuant to Paragraph 14.09(a) of the Bursa Malaysia Main Market Listing Requirements, the following Principal Officer has transacted dealings in the Securities of the company as set out below.


UMW - UMW-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: UMW HOLDINGS BERHAD
Stock Name: UMW
Date Announced: 24/12/2010

Announcement Detail:
Subject: UMW-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 342,300 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., Tuesday, 28 December 2010.


TM - General Announcement

Announcement Type: General Announcement
Company Name: TELEKOM MALAYSIA BERHAD
Stock Name: TM
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: NOTIFICATION PURSUANT TO PARAGRAPH 14.09 OF CHAPTER 14 OF THE BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") MAIN MARKET LISTING REQUIREMENTS ("MAIN LR")

Contents: According to Paragraph 14.09 of Bursa Securities Main LR, we wish to notify the dealings in the securities of the Company by the following Director:-


HTPADU - Interim Dividend (Amended Announcement)

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: HEITECH PADU BERHAD
Stock Name: HTPADU
Date Announced: 24/12/2010

Announcement Detail:
EX-date: 03/01/2011

Entitlement date: 05/01/2011

Entitlement time: 04:00:00 PM

Entitlement subject: Interim Dividend

Entitlement description: 6.70% less 25% Malaysian Income Tax

Period of interest payment: to

Financial Year End: 31/12/2010

Share transfer book & register of members will be: 05/01/2011 to 05/01/2011 closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: MIDF Consultancy and Corporate Services Sendirian Berhad
Level 8, Menara MIDF
82, Jalan Raja Chulan
50200 Kuala Lumpur
Tel : 03-2173 8888

Payment date: 31/01/2011

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 05/01/2011

Entitlement indicator: Percentage

Entitlement in percentage (%): 6.7

Remarks: The payment date has changed from 4th February 2011 to 31st January 2011, as 4th February 2011 is the 2nd day of Chinese New Year which is a Malaysian Public Holiday.


MEGB - General Announcement

Announcement Type: General Announcement
Company Name: MASTERSKILL EDUCATION GROUP BERHAD
Stock Name: MEGB
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: MASTERSKILL EDUCATION GROUP BERHAD ("MEGB" OR "THE COMPANY")
Proposed Acquisition of freehold vacant lands by Masterskill (M) Sdn Bhd, a wholly-owned subsidiary of MEGB

Contents: Reference are made to the Company's announcements dated 26 August 2010, 18 October 2010, 29 October 2010 and 11 November 2010, the Company is pleased to announce that the purchase price to the following lands have been fully paid and the original issue document of titles of the following lands have been presented for registration with the relevant land registry and thus, marking the completion of the Proposed Acquisition to the following lands:-

(i) a piece of freehold vacant land held under Geran 51409, Lot 7630, Mukim of Kajang, Daerah of Ulu Langat, Negeri Selangor; and

(ii) a piece of freehold vacant land held under Geran 51413, Lot 7635, Mukim of Kajang, Daerah of Ulu Langat, Negeri Selangor.

The terms used in this announcement shall have the same meaning ascribed to them as set out in the announcement dated 26 August 2010 and 18 October 2010.

This announcement is dated 24th day of December 2010.


TSTORE - General Announcement

Announcement Type: General Announcement
Company Name: THE STORE CORPORATION BERHAD
Stock Name: TSTORE
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: THE STORE CORPORATION BERHAD ("TSTORE" OR "COMPANY")

PROPOSED ACQUISITIONS OF RETAIL SPACES BY WHOLLY-OWNED SUBSIDIARY, PACIFIC HYPERMARKET & DEPARTMENTAL STORE SDN BHD ("PROPOSED ACQUISITIONS")

Contents: Further to the Company's announcements dated 25 June 2010 on the Proposed Acquisitions, the Board of Directors of TStore wishes to announce that Pacific Hypermarket & Departmental Store Sdn Bhd (as the Purchaser) and LKD Management Sdn Bhd (as the Vendor) had mutually agreed to extend the date of completion of the Proposed Acquisitions for a further Six (6) months from 26 December 2010, without any late-payment interest being incurred.

This announcement is dated 24 December 2010.


MSC - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: MALAYSIA SMELTING CORPORATION BERHAD
Stock Name: MSC
Date Announced: 24/12/2010

Announcement Detail:
Type: Announcement

Subject: MALAYSIA SMELTING CORPORATION BERHAD ("MSC" OR THE "COMPANY")

PROPOSED SECONDARY LISTING OF MSC ON THE MAIN BOARD OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ("PROPOSED SECONDARY LISTING")

Contents: We refer to the announcements made on 15 September 2010, 15 October 2010, 18 October 2010, 26 October 2010, 29 October 2010, 22 November 2010 and 15 December 2010 in relation to the Proposed Secondary Listing ("said Announcements"). Unless the context otherwise requires, all expressions used herein shall have the same meanings assigned thereto in the said Announcements.

On behalf of MSC, CIMB Investment Bank Berhad wishes to announce that the Securities Commission has, vide its letter dated 24 December 2010, approved the Proposed Secondary Listing.

This announcement is dated 24 December 2010.



No comments:

Post a Comment