December 3, 2010

Company announcements: PACMAS, GLOMAC, DXN, KENCANA, PERSTIM, MSC, PUNCAK, TIGER, DBE

PACMAS - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: PACIFICMAS BERHAD
Stock Name: PACMAS
Date Announced: 03/12/2010

Announcement Detail:
Type: Announcement

Subject: PACIFICMAS BERHAD ("PACIFICMAS" OR "COMPANY")

PROPOSED DISPOSAL BY PACIFICMAS OF 100% EQUITY INTEREST IN THE PACIFIC INSURANCE BERHAD ("PIB") COMPRISING 100,000,000 ORDINARY SHARES OF RM1.00 EACH ("SALE SHARES") TO FAIRFAX ASIA LIMITED ("FAIRFAX ASIA") FOR A DISPOSAL CONSIDERATION OF RM201 MILLION, SUBJECT TO SUCH ADJUSTMENTS AS SPECIFIED IN THE SHARES SALE AGREEMENT ("SSA"), TO BE SATISFIED ENTIRELY BY CASH ("PROPOSED DISPOSAL")

Contents: On behalf of the Board of Directors of PacificMas, AmInvestment Bank Berhad, a member of AmInvestment Bank Group, wishes to announce that PacificMas had on 3 December 2010, entered into an SSA with Fairfax Asia, for the Proposed Disposal.

Details of the Proposed Disposal are set out in the announcement attached.

This announcement is dated 3 December 2010.

Attachments: PacMas Announcement 03122010.pdf


GLOMAC - Dealing by Directors in Shares During Closed Period

Announcement Type: General Announcement
Company Name: GLOMAC BERHAD
Stock Name: GLOMAC
Date Announced: 03/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealing by Directors in Shares During Closed Period

Contents: Pursuant to Paragraph 14.08(d) of Chapter 14 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Malaysia") relating to dealings in securities during closed periods, Glomac Berhad ("the Company") wishes to notify Bursa Malaysia that the Company received notification from the following directors of dealings in securities of the Company. Please refer to the table below for further information.

This announcement is dated 3 December 2010.


DXN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DXN HOLDINGS BHD
Stock Name: DXN
Date Announced: 03/12/2010

Announcement Detail:
Date of buy back: 03/12/2010

Description of shares purchased: Ordinary shares of RM0.25 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 10,000

Minimum price paid for each share purchased ($$): 1.240

Maximum price paid for each share purchased ($$): 1.240

Total consideration paid ($$): 12,491.12

Number of shares purchased retained in treasury (units): 10,000

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

Cumulative net outstanding treasury shares as at to-date (units): 13,708,200

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.69


KENCANA - General Announcement

Announcement Type: General Announcement
Company Name: KENCANA PETROLEUM BERHAD
Stock Name: KENCANA
Date Announced: 03/12/2010

Announcement Detail:
Type: Announcement

Subject: NOTICE OF INTENTION TO DEAL IN SECURITIES OF KENCANA PETROLEUM BERHAD ("THE COMPANY") DURING CLOSED PERIOD

Contents: The Company has received notification dated 3 December 2010 from Mr. Choon Siew Thong, a Principal Officer of the Company of his intention to deal in securities of the Company during the closed period pending the release by the Company of its results for the first quarter ended 31 October 2010. The current shareholding of Mr. Choon Siew Thong is set out in the Table mentioned below:-


PERSTIM - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD
Stock Name: PERSTIM
Date Announced: 03/12/2010

Announcement Detail:
Date of change: 03/12/2010

Type of change: Resignation

Designation: Secretary

License no.: MAICSA 7039045

Name: Wong Wan Theen

Working experience and occupation during past 5 years: N/A


PERSTIM - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD
Stock Name: PERSTIM
Date Announced: 03/12/2010

Announcement Detail:
Date of change: 03/12/2010

Type of change: Appointment

Designation: Secretary

License no.: MAICSA 6000622

Name: Chan Su San

Working experience and occupation during past 5 years: Has been involved in corporate secretarial work for more than 16 years with 7 years in Singapore and 5 years in a public listed company in Malaysia.


MSC - NOTICE OF EXTRAORDINARY GENERAL MEETING

Announcement Type: General Announcement
Company Name: MALAYSIA SMELTING CORPORATION BERHAD
Stock Name: MSC
Date Announced: 03/12/2010

Announcement Detail:
Type: Announcement

Subject: NOTICE OF EXTRAORDINARY GENERAL MEETING

Contents: -


PUNCAK - General Announcement

Announcement Type: General Announcement
Company Name: PUNCAK NIAGA HOLDINGS BERHAD
Stock Name: PUNCAK
Date Announced: 03/12/2010

Announcement Detail:
Type: Announcement

Subject: PUNCAK NIAGA HOLDINGS BERHAD (416087-U)
("PUNCAK" OR THE "COMPANY")
KUALA LUMPUR HIGH COURT CIVIL SUIT NO. D-22NCC-398-2009
SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD ("SPLASH") v SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") (THE "SUIT")

Contents: Reference is made to the Company's earlier announcements dated 19 November 2009, 25 November 2009, 7 January 2010, 27 January 2010, 22 February 2010, 25 March 2010, 15 April 2010, 3 May 2010, 8 June 2010, 5 August 2010, 13 August 2010, 20 August 2010, 29 September 2010, 29 October 2010, 12 November 2010 and 29 November 2010 in relation to the Suit.

The Company would like to update the Exchange that at the hearing today, the High Court had allowed the Application by the Plaintiff to reamend the Amended Statement of Claim and the matter is now fixed for hearing on 7 January 2011.




This announcement is dated 3 December 2010.


TIGER - General Announcement

Announcement Type: General Announcement
Company Name: TIGER SYNERGY BERHAD
Stock Name: TIGER
Date Announced: 03/12/2010

Announcement Detail:
Type: Announcement

Subject: TIGER SYNERGY BERHAD
Update on Memorandum of Understanding with ElitProp Sdn. Bhd. (668446-H) and
with Wai Pei Lee

Contents: We refer to the announcement dated 13 January 2010 and 29 July 2010 on the Memorandum of Understanding ("MOU") with Elitprop Sdn. Bhd. ("ELIT") and also the announcement dated 21 October 2010 on the Memorandum of Understanding ("MOU") with Wai Pei Lee. All references used herein shall have the same meaning set out in the previous announcement unless otherwise indicated.

The Board of Directors of Tiger Synergy Berhad ("TSB") wishes to announce that TSB and ELIT and WAI PEI LEE shall continue to work together under the terms of the MOU in relation to the Proposed Joint Development and Joint Venture and as of to-date, certain terms of the agreement(s) have yet to be agreed upon.

This announcement is dated 3 December 2010.


DBE - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: D.B.E. GURNEY RESOURCES BERHAD
Stock Name: DBE
Date Announced: 03/12/2010

Announcement Detail:
Type: Announcement

Subject: D.B.E. GURNEY RESOURCES BERHAD ("DBE" OR THE "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED SHARE PREMIUM REDUCTION;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED CAPITALISATION OF AMOUNTS DUE TO DIRECTOR;
(V) PROPOSED CREDITORS SETTLEMENT; AND
(VI) PROPOSED AMENDMENTS
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the previous announcement. This announcement should be read in conjunction with the earlier announcements made on 27 October 2010 and 1 November 2010.

We refer to the announcements dated 27 October 2010 and 1 November 2010 in relation to the Proposals.

On behalf of the Board, OSK wishes to announce that the Company proposes to undertake an issuance of 110,000,000 new ordinary shares of RM0.10 each in DBE ("Creditors Share(s)") at an issue price of RM0.10 per Creditor Share as part of its debt settlement exercise ("Proposed Creditors Settlement").

In light of this development, on behalf of the Board, OSK wishes to announce that the Proposed Exemption is no longer applicable as the collective shareholdings of Ding Seng Huat and PACs will be diluted pursuant to the issuance of the Creditors Shares and hence will not trigger the Code.

Further details of the Proposed Creditors Settlement are set out in the attachment below.

This announcement is dated 3 December 2010.

Attachments: DBE Attachment Cred settlement.pdf



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