NOTION - NOTION VTEC BERHAD ("NVB" OR "THE COMPANY") - SHAH ALAM HIGH COURT CIVIL SUIT NO: 22-1411-2010
Announcement Type: General Announcement
Company Name: NOTION VTEC BERHAD
Stock Name: NOTION
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: NOTION VTEC BERHAD ("NVB" OR "THE COMPANY")
- SHAH ALAM HIGH COURT CIVIL SUIT NO: 22-1411-2010
Contents: The Board of Directors of NVB wishes to announce that on 10 December 2010, NVB has been served with a Writ and Statement of Claim dated 1 November 2010 and 26 October 2010 respectively from the solicitors acting for Foo Kee Pack, Yong Kim Seng and Woi See Khoon (hereinafter collectively referred to as the "Plaintiffs") for alleged breach by NVB of the Share Sale Agreement dated 10 December 2009 entered into by NVB and the Plaintiffs in connection with the disposal of 350,000 ordinary shares of RM1.00 each in Swiss Impression Sdn Bhd, a subsidiary of NVB, to the Plaintiffs.
The Plaintiffs are seeking for, inter alia, a declaration that NVB had breached the Share Sale Agreement dated 10 December 2009, damages of RM4,500,000.00, general damages, punitive damages, interests, costs and such further relief and/or other relief as deemed fit and just.
The Company has consulted its solicitors and will defend the suit.
NVB will make the necessary announcements on further developments on the matter in due course as and when it is necessary.
This announcement is dated 10 December 2010.
Company Name: NOTION VTEC BERHAD
Stock Name: NOTION
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: NOTION VTEC BERHAD ("NVB" OR "THE COMPANY")
- SHAH ALAM HIGH COURT CIVIL SUIT NO: 22-1411-2010
Contents: The Board of Directors of NVB wishes to announce that on 10 December 2010, NVB has been served with a Writ and Statement of Claim dated 1 November 2010 and 26 October 2010 respectively from the solicitors acting for Foo Kee Pack, Yong Kim Seng and Woi See Khoon (hereinafter collectively referred to as the "Plaintiffs") for alleged breach by NVB of the Share Sale Agreement dated 10 December 2009 entered into by NVB and the Plaintiffs in connection with the disposal of 350,000 ordinary shares of RM1.00 each in Swiss Impression Sdn Bhd, a subsidiary of NVB, to the Plaintiffs.
The Plaintiffs are seeking for, inter alia, a declaration that NVB had breached the Share Sale Agreement dated 10 December 2009, damages of RM4,500,000.00, general damages, punitive damages, interests, costs and such further relief and/or other relief as deemed fit and just.
The Company has consulted its solicitors and will defend the suit.
NVB will make the necessary announcements on further developments on the matter in due course as and when it is necessary.
This announcement is dated 10 December 2010.
TEJARI - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: TEJARI TECHNOLOGIES BERHAD ("TEJARI" OR THE "COMPANY")
? Proposed Rights Issue with Warrants;
? Proposed Increase in Authorised Share Capital;
? Proposed Amendments; and
? Proposed Provision of Financial Assistance
(Collectively referred as the "Proposals")
Contents: We refer to the announcements dated 10 November 2010 and 16 November 2010 in relation to, among others, the Proposed Rights Issue with Warrants. All abbreviations herein shall have the same meanings as those used in the announcement dated 10 November 2010 unless stated otherwise.
On behalf of the Board, PM Securities wishes to announce that Bursa Securities has, vide its letter dated 10 December 2010 approved the following:
(i) Admission to the Official List and the listing of and quotation for up to 315,018,000 Warrants to be issued pursuant to the Proposed Rights Issue with Warrants;
(ii) Listing of and quotation for up to 420,024,000 Shares to be issued pursuant to the Proposed Rights Issue with Warrants; and
(iii) Listing of and quotation for up to 315,018,000 Shares to be issued pursuant to the exercise of Warrants.
The approval by Bursa Securities for the Proposed Rights Issue with Warrants is subject to the following conditions:
(i) Tejari/PM Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Rights Issue with Warrants;
(ii) Tejari/PM Securities must obtain all approvals prior to the implementation of the Proposed Rights Issue with Warrants;
(iii) Tejari/PM Securities to inform Bursa Securities upon completion of the Proposed Rights Issue with Warrants; and
(iv) Tejari/PM Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Rights Issue with Warrants is completed.
This announcement is dated 10 December 2010.
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: TEJARI TECHNOLOGIES BERHAD ("TEJARI" OR THE "COMPANY")
? Proposed Rights Issue with Warrants;
? Proposed Increase in Authorised Share Capital;
? Proposed Amendments; and
? Proposed Provision of Financial Assistance
(Collectively referred as the "Proposals")
Contents: We refer to the announcements dated 10 November 2010 and 16 November 2010 in relation to, among others, the Proposed Rights Issue with Warrants. All abbreviations herein shall have the same meanings as those used in the announcement dated 10 November 2010 unless stated otherwise.
On behalf of the Board, PM Securities wishes to announce that Bursa Securities has, vide its letter dated 10 December 2010 approved the following:
(i) Admission to the Official List and the listing of and quotation for up to 315,018,000 Warrants to be issued pursuant to the Proposed Rights Issue with Warrants;
(ii) Listing of and quotation for up to 420,024,000 Shares to be issued pursuant to the Proposed Rights Issue with Warrants; and
(iii) Listing of and quotation for up to 315,018,000 Shares to be issued pursuant to the exercise of Warrants.
The approval by Bursa Securities for the Proposed Rights Issue with Warrants is subject to the following conditions:
(i) Tejari/PM Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Rights Issue with Warrants;
(ii) Tejari/PM Securities must obtain all approvals prior to the implementation of the Proposed Rights Issue with Warrants;
(iii) Tejari/PM Securities to inform Bursa Securities upon completion of the Proposed Rights Issue with Warrants; and
(iv) Tejari/PM Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Rights Issue with Warrants is completed.
This announcement is dated 10 December 2010.
TURIYA - General Announcement
Announcement Type: General Announcement
Company Name: TURIYA BERHAD
Stock Name: TURIYA
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: Application for an Extension of Time of six (6) months from 1 January 2011 until 30 June 2011 to comply with the Public Shareholding Spread Requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements
Contents: We refer to the announcement dated 19 November 2010 of Turiya Berhad (formerly known as Sitt Tatt Berhad) ("Turiya" or "the Company").
Turiya wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 10 December 2010 granted Turiya a further extension of time of six (6) months until 30 June 2011 to comply with the public shareholding spread requirement pursuant to paragraph 8.02(1) of the Main Market Listing Requirement.
In according to the Record of Depositors of Turiya as at 8 November 2010, the public shareholding spread was 19.10% held in the hands of 5,033 public shareholders.
The Company is continuously exploring various options available in order to comply with the public shareholding spread which include, amongst others, persuading its substantial shareholders to place out part of their shares at an appropriate time.
This announcement is dated 10 December 2010.
Company Name: TURIYA BERHAD
Stock Name: TURIYA
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: Application for an Extension of Time of six (6) months from 1 January 2011 until 30 June 2011 to comply with the Public Shareholding Spread Requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements
Contents: We refer to the announcement dated 19 November 2010 of Turiya Berhad (formerly known as Sitt Tatt Berhad) ("Turiya" or "the Company").
Turiya wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 10 December 2010 granted Turiya a further extension of time of six (6) months until 30 June 2011 to comply with the public shareholding spread requirement pursuant to paragraph 8.02(1) of the Main Market Listing Requirement.
In according to the Record of Depositors of Turiya as at 8 November 2010, the public shareholding spread was 19.10% held in the hands of 5,033 public shareholders.
The Company is continuously exploring various options available in order to comply with the public shareholding spread which include, amongst others, persuading its substantial shareholders to place out part of their shares at an appropriate time.
This announcement is dated 10 December 2010.
SILKHLD - Quarterly rpt on consolidated results for the financial period ended 31/10/2010
Announcement Type: Financial Results
Company Name: SILK HOLDINGS BERHAD
Stock Name: SILKHLD
Date Announced: 10/12/2010
Announcement Detail:
Financial Year End: 31/07/2011
Quarter: 1
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: SILK HOLDINGS BERHAD
Stock Name: SILKHLD
Date Announced: 10/12/2010
Announcement Detail:
Financial Year End: 31/07/2011
Quarter: 1
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
MUDAJYA - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MUDAJAYA GROUP BERHAD
Stock Name: MUDAJYA
Date Announced: 10/12/2010
Announcement Detail:
Date of buy back: 10/12/2010
Description of shares purchased: Ordinary shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 50,000
Minimum price paid for each share purchased ($$): 3.750
Maximum price paid for each share purchased ($$): 3.780
Total consideration paid ($$): 188,909.73
Number of shares purchased retained in treasury (units): 50,000
Cumulative net outstanding treasury shares as at to-date (units): 3,078,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.75
Company Name: MUDAJAYA GROUP BERHAD
Stock Name: MUDAJYA
Date Announced: 10/12/2010
Announcement Detail:
Date of buy back: 10/12/2010
Description of shares purchased: Ordinary shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 50,000
Minimum price paid for each share purchased ($$): 3.750
Maximum price paid for each share purchased ($$): 3.780
Total consideration paid ($$): 188,909.73
Number of shares purchased retained in treasury (units): 50,000
Cumulative net outstanding treasury shares as at to-date (units): 3,078,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.75
IVORY - INCORPORATION OF NEW SUBSIDIARIES - IVORY RESIDENCE SDN. BHD. - IVORY PLACE SDN. BHD.
Announcement Type: General Announcement
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: INCORPORATION OF NEW SUBSIDIARIES
- IVORY RESIDENCE SDN. BHD.
- IVORY PLACE SDN. BHD.
Contents: Further to our announcement on 8 December 2010, Ivory Properties Group Berhad wishes to announce that its wholly-owned subsidiaries, Ivory Residence Sdn. Bhd. and Ivory Place Sdn. Bhd. have been duly incorporated on 9 December 2010 under the Company No. 924702-T and 924705-K, respectively as per the Certificates of Incorporation dated 9 December 2010 which were received from the Companies Commission of Malaysia this afternoon.
This announcement is dated 10 December 2010.
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: INCORPORATION OF NEW SUBSIDIARIES
- IVORY RESIDENCE SDN. BHD.
- IVORY PLACE SDN. BHD.
Contents: Further to our announcement on 8 December 2010, Ivory Properties Group Berhad wishes to announce that its wholly-owned subsidiaries, Ivory Residence Sdn. Bhd. and Ivory Place Sdn. Bhd. have been duly incorporated on 9 December 2010 under the Company No. 924702-T and 924705-K, respectively as per the Certificates of Incorporation dated 9 December 2010 which were received from the Companies Commission of Malaysia this afternoon.
This announcement is dated 10 December 2010.
IJMLAND - General Announcement
Announcement Type: General Announcement
Company Name: IJM LAND BERHAD
Stock Name: IJMLAND
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: Principal Officer's Disclosure of Dealings in Securities pursuant to Paragraph 14.09 of the Listing Requirements
Contents: The following Principal Officer has given notice of his dealings in the securities of the Company:-
Company Name: IJM LAND BERHAD
Stock Name: IJMLAND
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: Principal Officer's Disclosure of Dealings in Securities pursuant to Paragraph 14.09 of the Listing Requirements
Contents: The following Principal Officer has given notice of his dealings in the securities of the Company:-
OSKPROP - General Announcement
Announcement Type: General Announcement
Company Name: OSK PROPERTY HOLDINGS BERHAD
Stock Name: OSKPROP
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: OSK PROPERTY HOLDINGS BERHAD ("OSKPH" OR "THE COMPANY")
ACQUISITION OF SHARES IN POTENSI RAJAWALI SDN. BHD., WARISAN RAJAWALI SDN. BHD. AND WAWASAN RAJAWALI SDN. BHD.
Contents: The Board of Directors of OSKPH is pleased to inform that the Company has acquired three (3) new companies namely, Potensi Rajawali Sdn. Bhd., Warisan Rajawali Sdn. Bhd. and Wawasan Rajawali Sdn. Bhd. (collectively known as "new Companies") each comprising two (2) ordinary shares of RM1.00 each for a cash consideration of Ringgit Malaysia Two (RM2.00) per company, to be wholly-owned subsidiaries of OSKPH.
The new Companies were all incorporated in Malaysia under the Companies Act 1965 on 10 October 2010 with an authorised share capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each. The new Companies are presently dormant and would be carrying out property development and property management as their principal business activities.
The acquisition of the new companies will not have any material effect on the earnings and net tangible assets of the Company.
None of the Directors, major shareholders or persons connected with the Directors and/or major shareholders of OSKPH has any interest, direct or indirect in the above acquisitions.
This announcement is dated 10 December 2010.
Company Name: OSK PROPERTY HOLDINGS BERHAD
Stock Name: OSKPROP
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: OSK PROPERTY HOLDINGS BERHAD ("OSKPH" OR "THE COMPANY")
ACQUISITION OF SHARES IN POTENSI RAJAWALI SDN. BHD., WARISAN RAJAWALI SDN. BHD. AND WAWASAN RAJAWALI SDN. BHD.
Contents: The Board of Directors of OSKPH is pleased to inform that the Company has acquired three (3) new companies namely, Potensi Rajawali Sdn. Bhd., Warisan Rajawali Sdn. Bhd. and Wawasan Rajawali Sdn. Bhd. (collectively known as "new Companies") each comprising two (2) ordinary shares of RM1.00 each for a cash consideration of Ringgit Malaysia Two (RM2.00) per company, to be wholly-owned subsidiaries of OSKPH.
The new Companies were all incorporated in Malaysia under the Companies Act 1965 on 10 October 2010 with an authorised share capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each. The new Companies are presently dormant and would be carrying out property development and property management as their principal business activities.
The acquisition of the new companies will not have any material effect on the earnings and net tangible assets of the Company.
None of the Directors, major shareholders or persons connected with the Directors and/or major shareholders of OSKPH has any interest, direct or indirect in the above acquisitions.
This announcement is dated 10 December 2010.
TOPGLOV - General Announcement
Announcement Type: General Announcement
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: TOP GLOVE CORPORATION BERHAD ("TOP GLOVE")
- FORMATION OF A NEW COMPANY, EFFICIENT PLANTATIONS CO., LTD. (CAMBODIA) BY TOP CARE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TOP GLOVE
Contents: The Board of Directors of TOP GLOVE wishes to announce that the wholly-owned subsidiary of TOP GLOVE, namely Top Care Sdn Bhd had on 6 December 2010, set up a Single Member Private Limited Company under the rules and regulations of Ministry of Commerce, civil of Kingdom of Cambodia called Efficient Plantations Co., Ltd., bearing the registered no. Co. 2398 E/2010, with a capital of 20,000,000 Riels which is equivalent to about USD5,000.
The Board of Directors is of the opinion that the new set up is in the best interest of TOP GLOVE.
This announcement is dated 10 December 2010.
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: TOP GLOVE CORPORATION BERHAD ("TOP GLOVE")
- FORMATION OF A NEW COMPANY, EFFICIENT PLANTATIONS CO., LTD. (CAMBODIA) BY TOP CARE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TOP GLOVE
Contents: The Board of Directors of TOP GLOVE wishes to announce that the wholly-owned subsidiary of TOP GLOVE, namely Top Care Sdn Bhd had on 6 December 2010, set up a Single Member Private Limited Company under the rules and regulations of Ministry of Commerce, civil of Kingdom of Cambodia called Efficient Plantations Co., Ltd., bearing the registered no. Co. 2398 E/2010, with a capital of 20,000,000 Riels which is equivalent to about USD5,000.
The Board of Directors is of the opinion that the new set up is in the best interest of TOP GLOVE.
This announcement is dated 10 December 2010.
PW - Proposed Settlement of Debts
Announcement Type: General Announcement
Company Name: PW CONSOLIDATED BHD
Stock Name: PW
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Settlement of Debts
Contents: The Board of Directors of PW CONSOLIDATED BHD ("PW") wishes to announce that PW via its wholly owned subsidiaries, namely PW Nutrifarm Corporation Sdn Bhd ("PW Nutrifarm"), PW Nutrifeed Sdn Bhd ("PW Nutrifeed")and Everay Agritech Sdn Bhd ("Everay"), has entered into a proposed settlement agreement with D.B.E. Gurney Resources Berhad (D.B.E. Gurney Resources")for settlement of debts due and payable by its wholly owned subsidiary, namely D.B.E. Poultry Sdn Bhd (D.B.E. Poultry") to PW Nutrifarm, PW Nutrifeed and Everay("Proposal").
Company Name: PW CONSOLIDATED BHD
Stock Name: PW
Date Announced: 10/12/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Settlement of Debts
Contents: The Board of Directors of PW CONSOLIDATED BHD ("PW") wishes to announce that PW via its wholly owned subsidiaries, namely PW Nutrifarm Corporation Sdn Bhd ("PW Nutrifarm"), PW Nutrifeed Sdn Bhd ("PW Nutrifeed")and Everay Agritech Sdn Bhd ("Everay"), has entered into a proposed settlement agreement with D.B.E. Gurney Resources Berhad (D.B.E. Gurney Resources")for settlement of debts due and payable by its wholly owned subsidiary, namely D.B.E. Poultry Sdn Bhd (D.B.E. Poultry") to PW Nutrifarm, PW Nutrifeed and Everay("Proposal").
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