January 24, 2011

Company announcements: AIRASIA, IJMLAND, FREIGHT, FRB, JETSON, SANBUMI, KKB

AIRASIA - INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED PERIOD

Announcement Type: General Announcement
Company Name: AIRASIA BERHAD
Stock Name: AIRASIA
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED PERIOD

Contents: Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, AirAsia Berhad ("AirAsia") wishes to announce that Dato' Fam Lee Ee, Independent Non-Executive Director of AirAsia, intends to deal in the securities of AirAsia during the closed period.

The total number of securities held by Dato' Fam Lee Ee as at 24 January 2011 is as follows:-


AIRASIA - INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED PERIOD

Announcement Type: General Announcement
Company Name: AIRASIA BERHAD
Stock Name: AIRASIA
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED PERIOD

Contents: Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, AirAsia Berhad ("AirAsia") wishes to announce that Dato' Kamarudin Bin Meranun, Director and Group Deputy Chief Executive Officer of AirAsia, intends to deal in the securities of AirAsia during the closed period.

The total number of securities held by Dato' Kamarudin Bin Meranun as at 24 January 2011 is as follows:-


AIRASIA - INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED PERIOD

Announcement Type: General Announcement
Company Name: AIRASIA BERHAD
Stock Name: AIRASIA
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED PERIOD

Contents: Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, AirAsia Berhad ("AirAsia") wishes to announce that Dato' Sri Dr Anthony Francis Fernandes, Director and Group Chief Executive Officer of AirAsia, intends to deal in the securities of AirAsia during the closed period.


The total number of securities held by Dato' Sri Dr Anthony Francis Fernandes as at 24 January 2011 is as follows:-


IJMLAND - Proposed Dealing by Principal Officer in the Securities of the Company During a Closed Period

Announcement Type: General Announcement
Company Name: IJM LAND BERHAD
Stock Name: IJMLAND
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: Proposed Dealing by Principal Officer in the Securities of the Company During a Closed Period

Contents: The following Principal Officer has given notice of his intention to deal in the securities of the Company during the closed period and his current holdings of the securities is as follows:-


FREIGHT - General Announcement

Announcement Type: General Announcement
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 24/01/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NM-110119-39723

Subject: ACQUISITION OF PROPERTY BY FREIGHT MANAGEMENT (M) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FREIGHT MANAGEMENT HOLDINGS BERHAD ("Acquisition")

Contents: Reference is made to the announcement made by Freight Management Holdings Berhad on 17 January 2011 and 21 January 2011 respectively and the query letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 19 January 2011 on the subject matter. In response to the telephone enquiries from Bursa Securities on 24 January 2011 for further clarification, we reply as follows:

i. Particulars of contingent liabilities and guarantees to be assumed by FMMSB arising from the Acquisition.

As per item 3.4 in the announcement dated 17 January 2011 the Property is purchase free from encumbrances. Hence there would be no contingent liabilities and guarantees to be assumed by FMMSB arising from the Acquisition.

ii. Salient features of the valuation report and the time and place where the valuation report may be inspected.

Salient features of the valuation report:-
(a) Name of Independent Valuer : Colliers, Jordan Lee & Jaafar (S) Sdn Bhd
(b) Method of Valuation : Cost Method of Valuation
(c) Date of Valuation Report: 16 November 2010
(d) Quantificaton: The Independent Valuer is of the opinion that the market value of the Property is RM14,550,000.00

The Valuation Report is available for inspection at the Company's Registered Office at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur from 8.30 am to 5.30 pm, Monday to Friday (except public holidays) for a period of three months from 17 January 2011.

iii. Prospects of the Property

Upon completion of the Acquisition the Group's warehousing facilities will increase by approximately 90,000 sq ft. About 40,000 sq ft of the available space has been allocated as bonded warehouse space which will accommodate our CFS (Container Freight Station) activities, currently housed at Northport Berhad's warehouse in Port Klang. The balance of approximately 50,000 sq ft shall be utilised to cater for the warehousing requirements of our existing and potential customers who have indicated their warehousing requirements.

The added warehouse space provides opportunities and is expected to have a positive impact on the warehousing and distribution activities of the company which in turn is expected to contribute positively to the future earnings of the Group.

Query Letter content: We refer to your announcement dated 17 January 2011 in respect of the above
matter.

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

1. Details of Axis Real Estate Investment Trust.

2. The amount of lettable space of the Property.
3. Particulars of contingent liabilities and guarantees to be assumed by
FMMSB arising from the Acquisition.
4. Whether Colliers, Jordan Lee & Jaafar (S) Sdn Bhd is an independent
registered valuer.
5. Salient features of the SPA and valuation report, and the time and place
where the valuation report may be inspected
6. Prospects of the Property.
7. The estimated time frame for submission of the application in relation to
the Acquisition to the State Authority.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully


TAN YEW ENG
Head, Issuers
Listing Division, Regulation

TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)


FRB - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: FORMIS RESOURCES BERHAD
Stock Name: FRB
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: FORMIS RESOURCES BERHAD ("FRB" or "Company")

PROPOSED ISSUE OF 92,950,099 FREE WARRANTS IN FRB ("FREE WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH IN FRB ("FRB SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED FREE WARRANTS ISSUE")

Contents: On behalf of the Board of Directors of FRB, RHB Investment Bank Berhad wishes to announce that the Company proposes to implement the Proposed Free Warrants Issue.

Kindly refer to the attachment below for further details on the above.

This announcement is dated 24 January 2011.

Attachments: FRB - Free Warrants announcement.pdf


JETSON - General Announcement

Announcement Type: General Announcement
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 24/01/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: RS-110121-53028

Subject: PROPOSED ACQUISITION OF PROPERTIES BY JETSON DEVELOPMENT SDN BHD, A 51% OWNED SUBSIDIARY OF KUMPULAN JETSON BERHAD

Contents: We refer to the letter from Bursa Malaysia Berhad dated 21 January 2011 in respect of the proposed acquisition of properties by Jetson Development Sdn Bhd ("JDSB"), a 51% owned subsidiary of Kumpulan Jetson Berhad ("the Company"). We furnish herewith the following information as requested:

1. The Company is unable to procure the net book value of the Properties as we as purchaser, are not privy to such information.

2. The valuation on the lands was conducted by Raine & Horne International Zaki + Partners Sdn Bhd, via its valuation report dated 3 January 2011 ("Valuation Report") using comparison method which valued the lands at market value at RM14 million as at 27 December 2010. A copy of the Valuation Report is available for inspection at the registered office of the Company at Lot 6.05, Level 6, KPMG Tower, 8 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan, Malaysia during normal office hours (8.30 a.m. to 5.30 p.m.) on any weekday (except public holidays) for a period of 3 months.

3. The Proposed Acquisition will be funded through internally generated funds and borrowings. However, the Company is unable to specify the quantum of the funding as JDSB is still in negotiation with the financial institution(s).

4. Based on the planning of the Company on the Properties, the Properties are intended to be developed into a high-end development project. Final decision on the development mix and type is subject to further market studies to be undertaken by the Company.

5. The significant risk in relation to the Proposed Acquisition is being the business risk inherent in the property sector which is subject to the market demand and supply; adverse changes in the policy and guidelines of the local council and state government, if any, will also affect the development potential of the Properties.

Query Letter content: We refer to your announcement dated 18 January 2011, in respect of the
aforesaid Proposed Acquisition.

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

(1) Net book values of the lands, based on latest audited financial
statements;

(2) Whether any valuation were conducted on the lands, if so, the following:-

(i) The name of the independent, registered valuer;
(ii) Dates & methods of valuation;
(iii) Quantification of the market values;
(iv) Time and place where the valuation reports may be inspected


(3) Tabulation on the estimated breakdown in the source of funding for
the Proposed Acquisition;

(4) The following or a negative statement:-

(i) Name of the project;
(ii) Number of units in the development;
(iii) Expected commencement & completion dates of the development;
(iv) Expected profits to be derived;
(v) Sources of funds to finance the development cost;
(vi) Whether relevant approvals for the development have been
obtained and date(s)
obtained; and







(5) Risks in relation to the Proposed Acquisition including risk factors
of the lands to be acquired.




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


Yours faithfully





KHOO KAY KWAN
Head, Issuers
Listing Division
Regulation

KKK/RSA

cc: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)


JETSON - General Announcement

Announcement Type: General Announcement
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: Dealing by Directors of Kumpulan Jetson Berhad ("the Company") outside closed period pursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements

Contents: Pursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, this is to notify that Datuk Teh Kian An has on even date informed of his dealing in the ordinary shares of the Company as set out below:


SANBUMI - Sanbumi Holdings Berhad - Monthly timber production figure

Announcement Type: General Announcement
Company Name: SANBUMI HOLDINGS BERHAD
Stock Name: SANBUMI
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: Sanbumi Holdings Berhad -
Monthly timber production figure

Contents: Pursuant to paragraph 9.36 of the Listing Requirements of Bursa Malaysia Securities Berhad, Sanbumi Holdings Berhad wishes to announce that the timber production figure for the month of December 2010 of the Sanbumi Group is Nil.

This announcement is dated 24 January 2011.


KKB - DEALINGS IN SECURITIES OF KKB ENGINEERING BERHAD ("KKB" ) BY PRINCIPAL OFFICER OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company Name: KKB ENGINEERING BERHAD
Stock Name: KKB
Date Announced: 24/01/2011

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN SECURITIES OF KKB ENGINEERING BERHAD ("KKB" ) BY PRINCIPAL OFFICER OUTSIDE CLOSED PERIOD

Contents: Pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Malaysia Securities Berhad, KKB wishes to announce that the following principal officer has given notice of her dealing in the securities of KKB during outside closed period as detailed below:-



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