January 17, 2011

Company announcements: CMMT, GPHAROS, SURIA, QL, HAISAN, FREIGHT, SUNCRN, ENG

CMMT - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: CAPITAMALLS MALAYSIA TRUST
Stock Name: CMMT
Date Announced: 17/01/2011

Announcement Detail:
Type: Announcement

Subject: CAPITAMALLS MALAYSIA TRUST ("CMMT")
(I) PROPOSED ACQUISITION BY AMTRUSTEE BERHAD ("TRUSTEE"), ON BEHALF OF CMMT OF GURNEY PLAZA EXTENSION PROPERTY FOR A PURCHASE CONSIDERATION OF RM215,000,000 ("PROPOSED ACQUISITION");
(II) PROPOSED PLACEMENT OF NEW UNITS IN CMMT ("UNITS") BY WAY OF BOOKBUILDING, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM167.1 MILLION AND ACCEPTANCE OF CMMT INVESTMENT LIMITED'S UNDERTAKING TO SUBSCRIBE FOR SUCH NUMBER OF UNSUBSCRIBED NEW UNITS SUBSEQUENT TO THE CLOSE OF THE BOOKBUILD ("PROPOSED PLACEMENT");
(III) PROPOSED EXEMPTION FOR CMMT INVESTMENT LIMITED FROM THE OBLIGATION TO MAKE A MANDATORY TAKEOVER OFFER ON ALL UNITS IN CMMT NOT ALREADY HELD BY CMMT INVESTMENT LIMITED AFTER THE PROPOSED PLACEMENT ("PROPOSED EXEMPTION");
(IV) PROPOSED PLACEMENT OF NEW UNITS TO CMMT INVESTMENT LIMITED, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM69.7 MILLION, WHICH REPRESENTS 41.74% (BEING THE CURRENT UNITHOLDING OF CMMT INVESTMENT LIMITED IN CMMT) OF THE TOTAL GROSS PROCEEDS TO BE RAISED FROM THE PROPOSED PLACEMENT ("PROPOSED PLACEMENT TO CMMT INVESTMENT LIMITED");
(V) PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE APPROVED FUND SIZE OF CMMT PURSUANT TO CLAUSE 14.03 OF THE SECURITIES COMMISSION'S GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS ("PROPOSED AUTHORITY"); AND
(VI) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF CMMT FROM 1,350,000,000 UNITS UP TO A MAXIMUM OF 2,000,000,000 UNITS ("PROPOSED INCREASE IN FUND SIZE")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: -


GPHAROS - Change in Chief Executive Officer

Announcement Type: Change in Chief Executive Officer
Company Name: GOLDEN PHAROS BERHAD
Stock Name: GPHAROS
Date Announced: 17/01/2011

Announcement Detail:
Date of change: 16/01/2011

Type of change: Appointment

Name: Farahiza Binti Razali

Age: 39

Nationality: Malaysian

Qualifications: 1) Professional Degree from the Institute of Chartered Secretaries & Administrators (ICSA) United Kingdom
2) Bachelor of Accounting (Honours) from International Islamic Universtiy Malaysia

Working experience and occupation: 1) May 1995 to November 1995 - Trainee Officer of Chung Khiaw Bank Malaysia Bhd
2) November 1995 to June 1998 - Quality Assurance Executive of Lebuhraya Shapadu Sdn Bhd
3) June 1998 to October 1998 - Internal Audit Executive of Shapadu Corporation Sdn Bhd
4) November 1998 to June 2009 - Company Secretary of Golden Pharos Berhad
5) July 2009 to present - Group Company Secretary of Golden Pharos Berhad

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 or its subsidiaries: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil

Remarks: Puan Farahiza Binti Razali was appointed as Acting Chief Executive Officer ("CEO") upon resignation of Mr. Wong Shew Yong as CEO on 16 January 2011 following the end of term of his contract as CEO.


GPHAROS - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: GOLDEN PHAROS BERHAD
Stock Name: GPHAROS
Date Announced: 17/01/2011

Announcement Detail:
Date of change: 16/01/2011

Type of change: Redesignation

Previous Position: Director & Chief Exec. Officer

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Wong Shew Yong

Age: 60

Nationality: Malaysian

Qualifications: Holds a Bachelor Degree in Commerce, a Fellow of the Certified Public Accountants (CPA) Singapore and Fellow of the Association of Chartered Certified Accountants (ACCA) United Kingdom

Working experience and occupation: He has a significant experience in the timber sector and has served in various positions in Golden Pharos Berhad ("GPB") Group of Companies including, General Manager of Pesama Timber Corporation Sdn. Bhd., General Manager (Internal Audit) of GPB and General Manager (Sales and Marketing) of GPB.

Directorship of public companies (if any): TDM Berhad

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: NIL

Remarks: Mr. Wong Shew Yong has on 16 January 2011 resigned as the Chief Executive Officer of the Company following the end of term of his contract, which expired on 16 January 2011. Mr. Wong however remains as a Director of the Company (Non Indepedent Non Executive)


GPHAROS - GOLDEN PHAROS BERHAD - RESIGNATION OF CHIEF EXECUTIVE OFFICER

Announcement Type: General Announcement
Company Name: GOLDEN PHAROS BERHAD
Stock Name: GPHAROS
Date Announced: 17/01/2011

Announcement Detail:
Type: Announcement

Subject: GOLDEN PHAROS BERHAD - RESIGNATION OF CHIEF EXECUTIVE OFFICER

Contents: The Board of Directors of Golden Pharos Berhad ("the Company") wishes to announce that Mr. Wong Shew Yong� has on 16 January 2011 resigned as the Chief Executive Officer of the Company following the end of term of� his contract, which expired on 16 January 2011. Mr. Wong however remains as a Director of the Company (Non Independent Non Executive). In his place, Puan Farahiza Binti Razali had been appointed as the Acting Chief Executive Officer with effective from 16 January 2011.

This announcement is dated 17 January 2011.


SURIA - General Announcement

Announcement Type: General Announcement
Company Name: SURIA CAPITAL HOLDINGS BERHAD
Stock Name: SURIA
Date Announced: 17/01/2011

Announcement Detail:
Type: Announcement

Subject: ACCEPTANCE OF THE LETTER OF AWARD CUM LIMITED NOTICE TO PROCEED BY SCHB ENGINEERING SERVICES SDN BHD ("SCHB ENGINEERING") (A WHOLLY OWNED SUBSIDIARY OF SURIA CAPITAL HOLDINGS BERHAD) FOR THE PROVISION OF ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING (EPCC) FOR KIMANIS 300MW COMBINED CYCLE GAS TURBINE (CCGT) GAS FIRED POWER PLANT PROJECT

Contents: We refer to our announcement dated 13th January 2011 in relation to the Acceptance of the Letter of Award cum Limited Notice to Proceed by SCHB Engineering Services Sdn Bhd (SCHB Engineering), wholly owned subsidiary of Suria Capital Holdings Berhad, for the provision of EPCC for Kimanis 300MW CCGT Gas Fired Power Plant Project.

The Board of Directors hereby announce that the scope of work in respect of the Project and the contract amount to be allocated to SCHB Engineering is yet to be determined among the consortium parties.

We wish to further amend the word 'nect' that appear in the third line of the second paragraph to be read as 'net' and the insertion of the word 'substantial' before the word shareholders which appears in the second line of the last paragraph of the announcement dated 13th January 2011.


Announcement dated : 17 January 2011

Announcement Authorised By:



DATUK DR. MOHD FOWZI HJ. RAZI
Group Managing Director


QL - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: QL RESOURCES BERHAD
Stock Name: QL
Date Announced: 17/01/2011

Announcement Detail:
Type: Announcement

Subject: QL RESOURCES BERHAD ("QL" OR "THE COMPANY")

PRIVATE PLACEMENT OF 20,827,920 NEW ORDINARY SHARES OF RM0.50 EACH IN QL ("QL SHARES") ("PRIVATE PLACEMENT")

Contents: We refer to the announcements dated 3 November 2010, 23 November 2010, 30 November 2010 and 16 December 2010 in relation to the Private Placement.

On behalf of the Board of Directors of QL, we wish to announce that QL has completed the bookbuilding exercise for the offering of 20,827,920 new QL Shares pursuant to the Private Placement ("Placement Shares") representing approximately 5.01% of the enlarged issued and paid-up share capital of QL.

The Private Placement was oversubscribed with healthy demand from foreign institutional investors.

In addition, we wish to announce that the issue price has been fixed at RM5.60 per Placement Share. This represents a discount of 5.50% to the five (5)-day volume weighted average market price of QL Shares up to and including 14 January 2011 of RM5.9259 per QL Share.

Based on the issue price of RM5.60 per Placement Share and the offering of 20,827,920 Placement Shares, the Private Placement is expected to raise gross proceeds of approximately RM116.6 million.

OSK Investment Bank Berhad acted as Sole Placement Agent for the Private Placement.

This announcement is dated 17 January 2011.


HAISAN - General Announcement

Announcement Type: General Announcement
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 17/01/2011

Announcement Detail:
Type: Announcement

Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")

PROPOSED DISPOSAL BY HAISAN OF 750,000 ORDINARY SHARES OF RM1.00 EACH IN MALAYSIAN MEGA GALVANISER SDN BHD ("MMG") REPRESENTING FIFTY PERCENT (50%) OF THE ENTIRE ISSUED AND PAID UP SHARE CAPITAL OF MMG ("SALE SHARES") TO ACEPOINT VENTURE SDN BHD ("PROPOSED DISPOSAL") FOR A CASH CONSIDERATION OF RM16.0 MILLION

- PROPOSED REVISION IN THE CASH CONSIDERATION FROM RM16.0 MILLION TO RM12.0 MILLION BY WAY OF SUPPLEMENTAL LETTER AGREEMENT ("PROPOSED REVISION")

Contents: Please refer to the attachment for the details of the announcement.

Attachments: HAISAN-Announcement (MMG).pdf


FREIGHT - Freight Management Holdings Berhad - Acquisition of Property by a Wholly-Owned Subsidiary

Announcement Type: General Announcement
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 17/01/2011

Announcement Detail:
Type: Announcement

Subject: Freight Management Holdings Berhad
- Acquisition of Property by a Wholly-Owned Subsidiary

Contents: 1.0 Introduction

The Board of Directors of Freight Management Holdings Berhad ("FMHB" or "Company") wishes to announce that Freight Management (M) Sdn Bhd ("FMMSB" or "Purchaser"), a wholly-owned subsidiary of the Company has on 17 January 2011 entered into a Sale and Purchase Agreement ("SPA") with OSK Trustees Berhad (Company No. 573019-U) ("Vendor"), as Trustee for Axis Real Estate Investment Trust ("Axis-REIT"), for all that piece of leasehold land held under H.S.(D) 116367 for PT 183 in Bandar Sultan Sulaiman, District Klang, State Selangor Darul Ehsan measuring approximately 20234 sq. metres. together with the buildings and/or structure erected thereon("Axis North Port LC 1" or "Property") for a total cash consideration of RM14,500,000.00. ("Proposed Acquisition") .


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: 17/01/2011

Announcement Detail:
Date of buy back: 17/01/2011

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 3,000

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

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

Total consideration paid ($$): 5,747.71

Number of shares purchased retained in treasury (units): 3,000

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

Cumulative net outstanding treasury shares as at to-date (units): 2,302,500

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 (%): 5.62


ENG - General Announcement

Announcement Type: General Announcement
Company Name: ENG TEKNOLOGI HOLDINGS BHD
Stock Name: ENG
Date Announced: 17/01/2011

Announcement Detail:
Type: Announcement

Subject: Eng Teknologi Holdings Bhd ("ETHB" or "Company")
Memorandum of Understanding between ETHB and the existing shareholders of Ceedtec Sdn Bhd, namely Heng Fook Main, Yoon Chon Leong, Choong Lee Shyue, Tan Hai Poo and Ho Phon Guan

Contents: The Company's earlier announcement dated 18 October 2010 on the above subject matter refers.

The Board of Directors of the Company is pleased to announce that the Company has on 17 January 2011 entered into a Supplemental Memorandum of Understanding ("Supplemental MOU") with the existing shareholders of Ceedtec Sdn Bhd ("Ceedtec") to amend certain terms of the Memorandum of Understanding ("MOU"), entered into by the parties on 18 October 2010 and to extend the MOU for a further three (3) months from the date of the Supplemental MOU ("Extended Period") to finalise the relevant agreements.

Please refer to the attachment for the details of the above announcement.

This announcement is dated 17 January 2011.

Attachments: ETHB_SupplementMOU.pdf



No comments:

Post a Comment