December 1, 2010

Company announcements: PETGAS, ENCORP, KIALIM, TWSPLNT, TEKALA, JERNEH, DELLOYD

PETGAS - General Announcement

Announcement Type: General Announcement
Company Name: PETRONAS GAS BERHAD
Stock Name: PETGAS
Date Announced: 01/12/2010

Announcement Detail:
Type: Announcement

Subject: EXECUTION OF THE HEADS OF AGREEMENT BETWEEN PETRONAS GAS BERHAD AND PETRONAS FOR THE DEVELOPMENT OF LNG REGASIFICATION FACILITIES

Contents: Execution of the Heads of Agreement between PETRONAS Gas Berhad and PETRONAS for the Development of LNG Regasification Facilities


ENCORP - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: ENCORP BERHAD
Stock Name: ENCORP
Date Announced: 01/12/2010

Announcement Detail:
Type: Announcement

Subject: ENCORP BERHAD ("Encorp" or "Company")

? Proposed Rights Issue
? Proposed Placement
? Proposed Increase in Authorised Share Capital
? Proposed Amendment to the Memorandum of Association

(Collectively referred to as the "Proposals")

Contents: We refer to our announcements dated 12 March 2010 and 5 August 2010 in respect of the Proposals.

All abbreviations used in this announcement shall have the same meaning as those used in the abovementioned announcements.

HwangDBS Investment Bank Berhad, on behalf of the Board of Directors of Encorp, is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has vide its letter dated 30 November 2010 approved the following:

(i) Admission to the Official List and the listing and quotation of up to 67,052,560 RCSLS to be issued pursuant to the Proposed Rights Issue and Proposed Placement;

(ii) Admission to the Official List and the listing and quotation of up to 33,526,280 Warrants to be issued pursuant to the Proposed Rights Issue and Proposed Placement; and

(iii) Listing and quotation of up to 100,578,840 new ordinary shares of RM1.00 each to be issued pursuant to the conversion of RCSLS and exercise of the Warrants.

The approval for the above Proposed Rights Issue and Proposed Placement is subject to, amongst others, the following conditions:

(i) Encorp and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Rights Issue and Proposed Placement;

(ii) Encorp and its adviser to inform Bursa Securities upon the completion of the Proposed Rights Issue and Proposed Placement;

(iii) Encorp 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 and Proposed Placement is completed;

(iv) Encorp to furnish Bursa Securities with a certified true copy of the resolutions passed by shareholders at the extraordinary general meeting for the Proposed Rights Issue and Proposed Placement;

(v) Encorp to furnish Bursa Securities with a copy each of the approval letters from Bank Negara Malaysia and Securities Commission (Private Debt Securities Department) respectively, for the issuance of the Warrants to entitled non-resident shareholders of Encorp and investor(s) to be identified in accordance with the Foreign Exchange Administration Rules; and the issuance of RCSLS with Warrants;

(vi) Encorp is to furnish Bursa Securities a copy of the mortgage indenture, or equivalent instrument certified by the trustee; and

(vii) Encorp is to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed (pursuant to the conversion of RCSLS and exercise of the Warrants) as at the end of each quarter together with details of computation of listing fees payable.

This announcement is dated 1 December 2010


ENCORP - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ENCORP BERHAD
Stock Name: ENCORP
Date Announced: 01/12/2010

Announcement Detail:
Date of change: 01/12/2010

Type of change: Redesignation

Previous Position: Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Datuk Ramli Bin Shamsudin

Age: 64

Nationality: Malaysian

Qualifications: Datuk Ramli holds a Master of Business Administration from Victoria University, Melbourne, Australia, and a Masters degree in Defence Studies from Allahabad University, India. He is also a Fellow Commoner of the Management Programme from Wolfson College of Cambridge University, United Kingdom.

Working experience and occupation: Datuk Ramli started his career with the Royal Malaysian Navy. He joined Britannia Royal Naval College, England in 1964 and graduated in 1967. His past appointments include Commander of Malaysian warships, Director of Naval Training, Commandant of the Royal Malaysian Naval College and Assistant Chief of Staff Naval Plans, Developments and Operations. Datuk Ramli was also Head of the Project Management Team responsible for overseeing construction of four warships in Italy from 1981 to 1986.

Datuk Ramli joined Encorp Group Sdn Bhd in 1997 and was involved in its construction, education and media businesses until January 2000. He was then appointed as Chief Executive Officer of the Malaysian Maritime Academy belonging to Petronas and Malaysian International Shipping Corporation from February 2000 to end of January 2005.

Datuk Ramli was appointed to the Board of Encorp Berhad in 2006, wherein he oversaw the employee development, cost rationalisation initiatives and procurement as well as assists the Business Development Unit.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Indirect interest - 66,636,036 ordinary shares of RM1.00 each in Encorp Berhad.
Deemed interest by virtue of his substantial shareholdings in Lavista Sdn Bhd held by him in trust.

Remarks: Datuk Ramli is re-designated from Non-Independent Executive Director to Non-Independent Non-Executive Director with effect from 1 December 2010.


ENCORP - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ENCORP BERHAD
Stock Name: ENCORP
Date Announced: 01/12/2010

Announcement Detail:
Date of change: 01/12/2010

Type of change: Redesignation

Previous Position: Chairman & Executive Director

New Position: Others

Directorate: Executive

Name: Dato Sri Mohd Effendi Bin Norwawi

Age: 62

Nationality: Malaysian

Qualifications: (1) Bachelor of Arts (Hons) majoring in Development Administration from University of Tasmania
(2) Honorary Degree of the Doctor of Law from University of Tasmania

Working experience and occupation: YB Dato Sri Mohd Effendi Norwawi was formerly the Executive Chairman of Sarawak Economic Development Corporation for 15 years. He was an elected member of Sarawak State Legislative Assembly between 1991 to 1999. He served as a member of Federal Parliament from 1999 to 2004. He joined the Federal Cabinet in 1999 and was a Minister of Agriculture until 2004. His last post in Cabinet was Minister in Prime Minister's Department in charge of Economic Planning Unit, a position he held until 2008. He is currently a Senator in the Upper House of Parliament since 2006.

He was Chairman to several corporate bodies like Bank Utama (Malaysia) Berhad, Utama Wardley Berhad, Kewangan Utama Berhad and BUMB Holdings Berhad.

Directorship of public companies (if any): (1) M.U.S.T Ehsan Foundation
(2) The Malaysia - Australia Foundation

Family relationship with any director and/or major shareholder of the listed issuer: YB Dato Sri Mohd Effendi Bin Norwawi is the father of Efeida Binti Mohd Effendi, a Director of Encorp Berhad.

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Indirect interest of 66,636,036 ordinary shares of RM1.00 each in Encorp Berhad.
Deemed interest through Lavista Sdn Bhd pursuant to Section 6A of the Companies Act, 1965.

Remarks: YB Dato Sri Mohd Effendi is re-designated from Non-Independent Executive Director and Executive Chairman to Non-Independent Executive Director, Executive Chairman and Group Chief Executive Officer with effect from 1 December 2010.


ENCORP - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ENCORP BERHAD
Stock Name: ENCORP
Date Announced: 01/12/2010

Announcement Detail:
Date of change: 01/12/2010

Type of change: Redesignation

Previous Position: Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Datuk (Dr) Ting Ding Ing

Age: 58

Nationality: Malaysian

Qualifications: Datuk (Dr) Ting holds a Bachelor of Business degree majoring in accounting, as well as a Doctorate of the University (Honoris Causa) from Swinburne University of Technology, Australia. He is a member of the Malaysian Institute of Certified Public Accountants and Malaysian Institute of Accountants.

Working experience and occupation: An Australian chartered accountant, Datuk (Dr) Ting was in public practice for 17 years beginning with Touche Ross & Co in Australia in 1973 and ending as a Partner of Arthur Anderson & Co/Hanafiah Raslan & Mohamad in Malaysia. From 1991 to 1994, he was Chief Executive Officer of Sarawak Securities Sdn Bhd, a major stock-broking company in Malaysia and from 1994 to 1998, he was Group Managing Director of Cahya Mata Sarawak Berhad, a diversified conglomerate in Malaysia. During his working career, he spent a significant amount of time in Australia, the United States of America and in countries throughout Southeast Asia.

Directorship of public companies (if any): (1) Ibraco Berhad
(2) The Malaysia-Australia Foundation

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Direct interest - 2,278,000 ordinary shares of RM1.00 each in Encorp Berhad

Remarks: Datuk (Dr) Ting is re-designated from Non-Independent Executive Director and Acting Group Chief Executive Officer to Non-Independent Non-Executive Director with effect from 1 December 2010.


KIALIM - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: KIA LIM BERHAD
Stock Name: KIALIM
Date Announced: 01/12/2010

Announcement Detail:
Date of change: 01/12/2010

Type of change: Retirement

Designation: Chairman

Directorate: Executive

Name: Datuk Ng Eng Sos @ Bah Chik

Age: 74

Nationality: Malaysian

Qualifications: NIL

Working experience and occupation: He has over thirty eight (38) years of experience in various industries such as brick making, building and civil
engineering works, housing development, sawmilling, logging and manufacturing of wood-based products. He was the Director of Syarikat Kayu Wangi Berhad and resigned in 2006. He also sits on the Board of several other private limited companies. Socially, he has devoted much of his time looking after the educational well-being of children as the Honorary President of the Bandar Penggaram Associated Chinese Schools Batu Pahat. He is also the Honorary President of the Chinese Chamber of Commerce Batu Pahat, Hokkien Association Batu Pahat and Federation of Nam Ann Association Malaysia.

Directorship of public companies (if any): NIL

Family relationship with any director and/or major shareholder of the listed issuer: Datuk Ng Eng Sos is the brother of Dr Ng Yam Puan and Datuk Ng Yeng Keng, brother-in-law of Mr Tan See Chip and uncle of Mr Ng Chin Kang, Directors and/or major shareholders of the Company. His family members who are also substantial shareholders of the Company are Mdm Kour Siok Leen (sister in-law of Datuk Ng Eng Sos) and his
son, namely, Mr Ng Chin Lan.

Any conflict of interests that he/she has with the listed issuer: NIL

Details of any interest in the securities of the listed issuer or its subsidiaries: (1) Ordinary Shares - Direct: 528,590(0.85%); Deemed: 24,673,220 (39.84%)
(2) Warrant - Deeemed: 3,996,427(96.94%)

Remarks: Upon the retirement of Datuk Ng Eng Sos @ Bah Chik, the Board of Directors shall comprised the following: -

(1) YB Datuk Ariss Bin Samsudin - Vice Chairman and Executive Director
(2) Datuk Ng Yeng Keng @ Ng Ka Hiat - Chief Executive Officer
(3) Tan See Chip - Executive Director
(4) Ng Chin Kang - Executive Director
(5) Loh Chee Kan - Independent Non-Executive Director
(6) Chua Syer Cin - Independent Non-Executive Director
(7) Dr Ng Yam Puan @ Ng Ah Bah - Non-Executive Director
(8) Mohd Salleh Bin Jantan - Independent Non-Executive Director


TWSPLNT - First Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: TRADEWINDS PLANTATION BERHAD
Stock Name: TWSPLNT
Date Announced: 01/12/2010

Announcement Detail:
EX-date: 14/12/2010

Entitlement date: 16/12/2010

Entitlement time: 05:00:00 PM

Entitlement subject: First Interim Dividend

Entitlement description: First Interim Dividend of 5.0 sen per share less 25% income tax

Period of interest payment: to

Financial Year End: 31/12/2010

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

Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor

Tel: 03-7841 8000

Payment date: 30/12/2010

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 16/12/2010

b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit: 14/12/2010

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.05


TEKALA - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 01/12/2010

Announcement Detail:
Date of buy back: 01/12/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 41,400

Minimum price paid for each share purchased ($$): 0.750

Maximum price paid for each share purchased ($$): 0.750

Total consideration paid ($$): 31,050.00

Number of shares purchased retained in treasury (units): 41,400

Cumulative net outstanding treasury shares as at to-date (units): 11,635,900

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 7.61


JERNEH - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: JERNEH ASIA BERHAD
Stock Name: JERNEH
Date Announced: 01/12/2010

Announcement Detail:
Type: Announcement

Subject: JERNEH ASIA BERHAD ("JAB" OR "COMPANY")

PROPOSED DISPOSAL BY THE COMPANY OF ITS 80% EQUITY INTEREST IN JERNEH INSURANCE BERHAD ("JIB") TO ACE INA INTERNATIONAL HOLDINGS, LTD (FORMERLY KNOWN AS CIGNA INTERNATIONAL HOLDINGS, LTD) ("ACE INA") FOR A TOTAL CASH CONSIDERATION OF RM523.2 MILLION ("PROPOSED DISPOSAL")

Contents: -


DELLOYD - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DELLOYD VENTURES BERHAD
Stock Name: DELLOYD
Date Announced: 01/12/2010

Announcement Detail:
Date of buy back: 01/12/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 27,600

Minimum price paid for each share purchased ($$): 3.110

Maximum price paid for each share purchased ($$): 3.120

Total consideration paid ($$): 86,549.42

Number of shares purchased retained in treasury (units): 27,600

Cumulative net outstanding treasury shares as at to-date (units): 2,286,600

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.45

Remarks: Our Ref:SBB/CS/12-10/341



No comments:

Post a Comment