December 21, 2010

Company announcements: PLB, ASUPREM, MAEMODE, LIIHEN, ASTINO, KNM, LCL, YEN, SUNCRN

PLB - First and Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: PLB ENGINEERING BERHAD
Stock Name: PLB
Date Announced: 21/12/2010

Announcement Detail:
EX-date: 23/02/2011

Entitlement date: 25/02/2011

Entitlement time: 04:00:00 PM

Entitlement subject: First and Final Dividend

Entitlement description: First and Final Dividend of 1.50% less 25% Malaysian Income Tax in respect of the financial year ended 31 August 2010.

Period of interest payment: to

Financial Year End: 31/08/2010

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: Agriteum Share Registration Services Sdn Bhd
2nd Floor, Wisma Penang Garden
42 Jalan Sultan Ahmad Shah
10050 Penang
Tel No.: 04-228 2321
Fax No.: 04-227 2391

Payment date: 18/03/2011

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 25/02/2011

Entitlement indicator: Percentage

Entitlement in percentage (%): 1.5


ASUPREM - General Announcement

Announcement Type: General Announcement
Company Name: ASTRAL SUPREME BERHAD
Stock Name: ASUPREM
Date Announced: 21/12/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NN-101220-44678

Subject: ASTRAL SUPREME BERHAD ("ASB" or the "Company")
Disposal of 28% Equity Interest in Sing Guan Silk Screen (Cambodia) Co. Ltd. by the Company ("Disposal")

Contents: With reference to the Company's announcement dated 17 December 2010 and the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 20 December 2010 in relation to the Disposal, the following are the addtional information requested by Bursa Securities for public release:

Query Letter content: We refer to your Company's announcements dated 17 December 2010, in respect of
the aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

Net Profit of SG Cambodia based on the latest audited accounts;
Basis and justification in arriving at the disposal consideration of
RM2,350,000 as it is noted that the disposal consideration is at a discount to
the Net Assets of SG Cambodia as at 31 December 2009;
To clarify further on "working capital for the other business of the group"
under Rationale;
Basis and breakdown in arriving at the expected loss of RM807,405;
Effects of the loss on the Earnings Per Share ("EPS"); and
The highest precentage ratio applicable to the Disposal pursuant to Paragraph
10.02(g) of the Main Market Listing Requirements.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully,





HENG TECK HENG
Senior Manager, Issuers
Listing Division
Regulation

HTH/NN

copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)


MAEMODE - Malaysian AE Models Holdings Berhad ("MAE") -Contract secured by PT. AE Material Handling Systems

Announcement Type: General Announcement
Company Name: MALAYSIAN AE MODELS HOLDINGS BERHAD
Stock Name: MAEMODE
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: Malaysian AE Models Holdings Berhad ("MAE")
-Contract secured by PT. AE Material Handling Systems

Contents: 1. INTRODUCTION

The Board of Directors of MAE is pleased to announce that PT. AE Material Handling Systems ("PTAEMHS"), a 99.92% subsidiary of AE Automotion (M) Sdn Bhd which in turn is a wholly-owned subsidiary of MAE, has on 16 December 2010 accepted a contract works package awarded by PT. Kariangau Power of 12th Floor, Graha Irama, Jalan HR, Rasuna Said Blok X-1 Kav. 1 & 2, Jakarta 12950, Indonesia for the design, construction and the remedying of defects of the Kariangau 2 x 15 MW Coal Fired Steam Power Plant in Balikpapan, East Kalimantan, Indonesia ("Contract Works") for a total contract price of US$33,800,000.00 (equivalent to RM104,780,000.00) inclusive of PPh (withholding tax) but exclusive of PPN (value-added tax) .

2. DETAILS OF THE CONTRACT WORKS

PTAEMHS's principal activity is mainly in trading of goods and machinery.

The scope of works of PTAEMHS is responsible for overall project coordination and the erection of all plant and equipment supplied by Shandong Machinery I & E Group Corporation as Consortium Member Two (together with PT. Cipta Total Solusindo as Consortium Member Four which is responsible for the supervision of the erection of the electrical plant and equipment).

All payments due from PT Kariangau Power in respect of the Contract Works shall be made to PTAEMHS, which in turn make payment to the other consortium members.

The total contract price comprises:
(i) US$8,870,000.00, inclusive of PPh but exclusive of PPN, due to PTAEMHS as Consortium Member One (which amount also includes the sum due to PT. Cipta Total Solusindo as Consortium Member Four);
(ii) US$17,000,000.00 exclusive of PPh and exclusive of PPN, due to Shandong Machinery I & E Group Corporation as Consortium Member Two; and
(iii) US$7,930,000.00 inclusive of PPh but exclusive of PPN, due to Consortium Member Three.

The Contract Works shall be completed within twenty-four (24) months of the commencement date.

3. FINANCIAL EFFECT/RISKS FACTORS

The Contract Works will not have any material effect on the earnings per share, net assets per share, gearing and share capital and the shareholdings of the substantial shareholders of MAE. However, it is expected to contribute positively to the future earnings of the MAE group.

The risks in respect of Contract Works are the normal business/operation risks and are expected to be manageable and not significant to MAE group.

4. DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST

None of the Directors or major shareholders of MAE or person connected to the Directors or major shareholders of MAE have any interest, direct or indirect in the Contract Works.

5. STATEMENT BY THE BOARD OF DIRECTORS

The Board of Directors of MAE is of the opinion that the acceptance by PTAEMHS of the Contract Works is in the best interest of the MAE group.


This announcement is dated 21 December 2010.


LIIHEN - General Announcement

Announcement Type: General Announcement
Company Name: LII HEN INDUSTRIES BHD.
Stock Name: LIIHEN
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: CORPORATE GUARANTEE FOR BANKING FACILITY GRANTED TO LII HEN INDUSTRIES BHD. (LHIB or the Company) WHOLLY-OWNED SUBSIDIARY, FAVOURITE DESIGN SDN. BHD. (FDSB)

Contents: The Board of Directors of LHIB wishes to announce that it will execute a corporate guarantee of RM4.30 million in favour of AmIslamic Bank Berhad of Level 31, Selesa Tower, Jalan Dato' Abdullah Tahir, 80300 Johor Bahru Branch in respect of term financing of RM4.30 million granted to FDSB.

The said banking facility to FDSB is to part finance the acquisition of machinery.

The said Corporate Guarantee will not have any significant effect on the earnings per share, net assets per share, share capital and substantial shareholders' shareholdings of the Company for the current financial year.


ASTINO - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: ASTINO BERHAD
Stock Name: ASTINO
Date Announced: 21/12/2010

Announcement Detail:
Date of buy back from: 09/12/2010

Date of buy back to: 10/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 75,100

Minimum price paid for each share purchased ($$): 0.625

Maximum price paid for each share purchased ($$): 0.630

Total amount paid for shares purchased ($$): 47,172.50

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 75,100

Total number of shares retained in treasury (units): 4,012,104

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 21/12/2010

Lodged by: Enet Corporate Services Sdn Bhd


KNM - General Announcement

Announcement Type: General Announcement
Company Name: KNM GROUP BERHAD
Stock Name: KNM
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: Material Contract secured by KNM Group Berhad's subsidiary amounting to approximately RM2.196 billion

Contents: 1. Introduction

KNM Group Berhad ("KNM") is pleased to announce that its wholly owned subsidiary, KNM Process Systems Sdn Bhd ("KNMPS"), had on 21 December 2010 entered into a EPC Contract Agreement for the engineering, procurement, construction and commissioning of Works towards the development of an 80MWe gross capacity energy from biomass and waste recycling centre project known as "EnergyPark Peterborough" in Peterborough, United Kingdom ("the Project") amounting to about British Pounds GBP450 million (equivalent to approximately RM2.196 billion based on the exchange rate of GBP1.00 : RM4.88) and contract duration of about 4 years with Peterborough Renewable Energy Limited ("PREL") from Commencement Date.

This Project represents KNM's drive into the Renewable and Clean Energy Sector.


2. Information on KNMPS

KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990. Its registered address is at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan. KNMPS is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide.


3. Directors' and major shareholders' interest

None of the directors or major shareholders of KNM, or any persons connected to them, has any direct or indirect interest in the above Project.


4. Effect of the Project

The Project is not expected to have any material impact to KNM Group's financial performance for year ending 31 December 2010. However, it is expected to contribute positively to KNM Group's earnings for the financial years ending 31 December 2011, 2012, 2013 and 2014.


5. Risk Factors

The Project is subject to certain risks mainly in the power and renewable energy industries and legislation on clean energy in the United Kingdom. These include changes in general economic conditions such as, but not limited to inflation, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions.

The Project does not alter the risk profile of KNM as KNM Group is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in the industry.

Although KNM Group with its vast experience may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNM and/or KNMPS.

This announcement is dated 21 December 2010.


LCL - General Announcement

Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: LCL Corporation Berhad ("LCL" or "the Company")
- Announcement pursuant to the Suspension and De-Listing of the Securities of LCL Corporation Berhad

Contents: We refer to LCL's announcement made on 15 December 2010 with regards to the Suspension and De-Listing of the Securities of LCL.

The Company wishes to announce that it shall not be making an appeal on or before 22 December 2010 ("the Appeal Timeframe") as the Company does not have any Regularisation Plan.

This announcement is dated 21 December 2010.


YEN - Quarterly rpt on consolidated results for the financial period ended 31/10/2010

Announcement Type: Financial Results
Company Name: YEN GLOBAL BERHAD
Stock Name: YEN
Date Announced: 21/12/2010

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)


SUNCRN - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD
Stock Name: SUNCRN
Date Announced: 21/12/2010

Announcement Detail:
Date of buy back from: 15/12/2010

Date of buy back to: 17/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 97,000

Minimum price paid for each share purchased ($$): 1.850

Maximum price paid for each share purchased ($$): 1.910

Total amount paid for shares purchased ($$): 183,623.44

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 97,000

Total number of shares retained in treasury (units): 1,849,700

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 21/12/2010

Lodged by: Epsilon Advisory Services Sdn Bhd


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: 21/12/2010

Announcement Detail:
Date of buy back: 21/12/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 16,000

Minimum price paid for each share purchased ($$): 1.870

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

Total consideration paid ($$): 30,421.26

Number of shares purchased retained in treasury (units): 16,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,891,700

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 (%): 4.62



No comments:

Post a Comment