January 6, 2011

Company announcements: K1, FBMKLCI-EA, OLYMPIA, POHKONG, AXIATA, PWORTH, BASWELL, BREM, PMETAL, CEPAT

K1 - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: K-ONE TECHNOLOGY BERHAD (ACE Market)
Stock Name: K1
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: K-ONE TECHNOLOGY BERHAD ("K-ONE TECH" or "COMPANY")

(I)PROPOSED BONUS ISSUE OF UP TO 273,456,000 NEW ORDINARY SHARES OF RM0.10 EACH IN K-ONE TECHNOLOGY BERHAD ("BONUS SHARES") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN K-ONE TECH ("SHARE") HELD IN THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE");

(II)PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF K-ONE TECH FROM RM25,000,000 COMPRSING 250,000,000 SHARES TO RM150,000,000 COMPRISING 1,500,000,000 SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND

(III)PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF K-ONE TECH ("PROPOSED AMENDMENTS")

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

Contents: We refer to the announcement made by Kenanaga Investment Bank Berhad ("KIBB"), on behalf of the Company on 29 November 2010 in relation to the Proposals.

On behalf of the Board of Directors of K-One Tech, KIBB is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 5 January 2011 (which was received on 6 January 2011), granted the approval for the listing of and quotation up to 273,456,000 Bonus Shares to be issued pursuant to the Proposed Bonus Issue, subject to the following conditions:

The Proposed Bonus Issue is to be implemented only after the proposed dividends from the subsidiaries of K-One Tech amounting to RM7,690,600 has been paid;

(i) K-One Tech and KIBB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Bonus Issue;

(ii) K-One Tech and KIBB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(iii) K-One Tech to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue is completed; and

(iv) K-One Tech and KIBB are required to make the relevant announcements pursuant to Rules 6.36(2) and (4) of the Ace Market Listing Requirements.

The Proposed Increase in Authorised Share Capital and the Proposed Amendments are not subject to the approval of Bursa Securities.

The Proposals are now pending the approval of shareholders of K-One Tech at an extraordinary general meeting, details of which will be set out in a circular to shareholders to be issued in due course.

Unless otherwise stated, defined terms used in this announcement shall carry the same meaning as defined in the previous announcement.

This announcement is dated 6 January 2011.


FBMKLCI-EA - FBM KLCI etf - Valuation Point as at 6 January 2011

Announcement Type: General Announcement
Company Name: FTSE BURSA MALAYSIA KLCI ETF
Stock Name: FBMKLCI-EA
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: FBM KLCI etf - Valuation Point as at 6 January 2011

Contents: Fund: FBM KLCI etf
NAV per unit (RM): 1.5858
Units in circulation (units): 2,508,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,568.37

Attachments: FBM KLCI etf 20110106.xls


OLYMPIA - General Announcement

Announcement Type: General Announcement
Company Name: OLYMPIA INDUSTRIES BERHAD
Stock Name: OLYMPIA
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: Quarterly Disclosures Pursuant to Paragraph 8.23(2)(e) of the Listing Requirements of Bursa Malaysia Securities Berhad.

Contents: Reference is made to the announcement dated 5 January 2011.

Pursuant to paragraph 8.23(2)(e) of the Listing Requirements of Bursa Malaysia Securities Berhad, attached is the quarterly disclosures as at 31 December 2010 in respect of Jupiter Capital Sdn Bhd, a moneylending subsidiary of Olympia Industries Berhad.

Attachments: Quarterly Disclosures (Dec 10) - Amended.doc


POHKONG - First and Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: POH KONG HOLDINGS BERHAD
Stock Name: POHKONG
Date Announced: 06/01/2011

Announcement Detail:
EX-date: 09/02/2011

Entitlement date: 11/02/2011

Entitlement time: 05:00:00 PM

Entitlement subject: First and Final Dividend

Entitlement description: First and Final Single Tier Exempt Dividend of 1.40 sen per ordinary share of RM0.50 each

Period of interest payment: to

Financial Year End: 31/07/2010

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
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel : 03-7841 8000

Payment date: 09/03/2011

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 11/02/2011

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.014


AXIATA - AXIATA GROUP BERHAD ("AXIATA") - FORMATION OF BOARD SUB-COMMITTEE

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: AXIATA GROUP BERHAD
Stock Name: AXIATA
Date Announced: 06/01/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: CY-110105-45017

Subject: AXIATA GROUP BERHAD ("AXIATA") - FORMATION OF BOARD SUB-COMMITTEE

Contents: Reference is made to the query from Bursa Malaysia Securities Berhad dated 5 January 2011, regarding the announcement issued by Axiata on 3 January 2011 on the above matter [Reference No.: AG-110103-68980], requiring Axiata to furnish the expected date of completion of the internal investigation.

In view of the seriousness of the allegations and high public interest on the matter, Axiata would like to complete the internal investigation in the shortest possible time.

On this note, Axiata has set a target for the completion of the internal investigation within one month from 3 January 2011.

Nevertheless, Axiata recognises that most importantly, a comprehensive and detailed work need to be undertaken and in order not to compromise this, the period may be extended at the discretion of the Board Sub-Committee.

This announcement is dated 6 January 2011.

Query Letter content: We refer to your Company's announcement dated 3 January 2011 in respect of the
aforesaid matter.

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

1. The expected date of completion of the internal investigation.

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


Yours faithfully




SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

SUZ/WCY

c.c:- General Manager & Head, Market Surveillance Department, Market
Supervision Buisness Group, Securities Commission (via fax)


PWORTH - PROPOSED TIMBER DEALS

Announcement Type: General Announcement
Company Name: PRICEWORTH WOOD PRODUCTS BERHAD
Stock Name: PWORTH
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: PROPOSED TIMBER DEALS

Contents: Reference is made to a write-up on "Priceworth set to seal foreign deal" in Business Times of the New Straits Times dated 6 January 2011, the Company wishes to announce that it is in final stage of negotiations to manage two timber concessions in Papua New Guinea and the Solomon Islands. The negotiations involve a combined land size of more than 100,000 hectares.

The Company will make a detailed announcement upon signing of the agreements in due course.


BASWELL - General Announcement

Announcement Type: General Announcement
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: BASWELL RESOURCES BERHAD ("BASWELL" or "the Company")
- WINDING-UP PETITION AGAINST SUBSIDIARY COMPANY, BASWOOD INDUSTRIES SDN. BHD. ("BISB")

Contents: Reference is made to the Company's announcements on 1 September 2010, 3 September 2010, 8 September 2010 and 9 September 2010 on the above matter, the Board of Directors of BASWELL wishes to inform that the Winding-up petition served against BISB was duly withdrawn today by L H Zinc Engineering Sdn. Bhd.

This announcement is dated 6 January 2011.


BREM - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 06/01/2011

Announcement Detail:
Date of buy back: 06/01/2011

Description of shares purchased: Ordinary Shares @ RM1/- Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 17,000

Minimum price paid for each share purchased ($$): 1.290

Maximum price paid for each share purchased ($$): 1.310

Total consideration paid ($$): 22,178.26

Number of shares purchased retained in treasury (units): 17,000

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

Cumulative net outstanding treasury shares as at to-date (units): 5,396,700

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 (%): 3.87


PMETAL - General Announcement

Announcement Type: General Announcement
Company Name: PRESS METAL BERHAD
Stock Name: PMETAL
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

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

Contents: Pursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified on the change of his interest in the securities of the Company as set out in the table below:


CEPAT - Production for December 2010

Announcement Type: General Announcement
Company Name: CEPATWAWASAN GROUP BERHAD
Stock Name: CEPAT
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: Production for December 2010

Contents: The Board of Directors of Cepatwawasan Group Berhad wishes to inform that the production figures of the Group for December 2010 are as follows:

Fresh Fruit Bunch - 8,812.780 Metric Tonnes
Crude Palm Oil - 4,835.148 Metric Tonnes
Palm Kernel - 1,142.379 Metric Tonnes



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