KHIND - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: KHIND HOLDINGS BERHAD
Stock Name: KHIND
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: COMPLETION OF ACQUISITION BY KHIND HOLDINGS BERHAD ("KHB" OR THE "COMPANY") OF 100% EQUITY INTEREST IN THE FOLLOWING:
I) ANCOM ELECTRICAL (MALAYSIA) SDN BHD ("AEM"); AND
II) ANCOM SYSTEMS (SINGAPORE) PTE LTD ("ASS") AND ITS WHOLLY-OWNED SUBSIDIARIES, NAMELY ANCOM ELECTRICAL & ENVIRONMENTAL (SINGAPORE) PTE LTD ("AEE"), ANCOM ELECTRICAL (HONG KONG) LIMITED ("AEH") AND ANCOM ELECTRICAL (GUANGZHOU) LIMITED ("AEG") (COLLECTIVELY REFERRED AS "ASS GROUP")
FROM ANCOM LOGISTICS BERHAD ("ALB" OR "VENDOR") FOR A CASH CONSIDERATION OF RM8,000,000
(COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITION")
Company Name: KHIND HOLDINGS BERHAD
Stock Name: KHIND
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: COMPLETION OF ACQUISITION BY KHIND HOLDINGS BERHAD ("KHB" OR THE "COMPANY") OF 100% EQUITY INTEREST IN THE FOLLOWING:
I) ANCOM ELECTRICAL (MALAYSIA) SDN BHD ("AEM"); AND
II) ANCOM SYSTEMS (SINGAPORE) PTE LTD ("ASS") AND ITS WHOLLY-OWNED SUBSIDIARIES, NAMELY ANCOM ELECTRICAL & ENVIRONMENTAL (SINGAPORE) PTE LTD ("AEE"), ANCOM ELECTRICAL (HONG KONG) LIMITED ("AEH") AND ANCOM ELECTRICAL (GUANGZHOU) LIMITED ("AEG") (COLLECTIVELY REFERRED AS "ASS GROUP")
FROM ANCOM LOGISTICS BERHAD ("ALB" OR "VENDOR") FOR A CASH CONSIDERATION OF RM8,000,000
(COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITION")
KHIND - AMENDMENT TO ADDITIONAL INFORMATION ON PROPOSED ACQUISITION (Amended Announcement)
Announcement Type: General Announcement
Company Name: KHIND HOLDINGS BERHAD
Stock Name: KHIND
Date Announced: 31/01/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-110128-38795
Subject: AMENDMENT TO ADDITIONAL INFORMATION ON PROPOSED ACQUISITION
Description: PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST OF ANCOM ELECTRICAL (MALAYSIA) SDN BHD ("AEM"), AND ANCOM SYSTEMS (SINGAPORE) PTE LTD ("ASS") AND ITS WHOLLY-OWNED SUBSIDIARIES NAMELY ANCOM ELECTRICAL & ENVIRONMENTAL (SINGAPORE) PTE LTD ("AEE"), ANCOM ELECTRICAL (HONG KONG) LIMITED ("AEH") AND ANCOM ELECTRICAL (GUANGZHOU) LIMITED ("AEG") FOR TOTAL CASH CONSIDERATION OF RM8,000,000 ("PROPOSED ACQUISITION")
Query Letter content: We refer to your Company's announcement dated 27 January 2011, 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:-
The commencement date of business of AEM, ASS, AEE, AEH and AEG respectively;
Further elaboration on the types of electrical engineering products traded and
contracted by AEM, ASS, AEE, AEH and AEG;
The other factors that resulted in the substantial decrease in profits of AEM
in 2010, other than due to the decrease in revenue;
Elaboration on the reasons for the substantial decrease in profits of AEH in
2010;
The names of the directors and substantial shareholders of Ancom Logistics
Berhad ("ALB") together with their shareholdings in ALB;
The tabulation of the adjusted audited net assets of ALB Companies as at 31 May
2010, together with the nature/details of the adjustments and the respective
amounts;
The prospects of the electrical engineering products and industry;
Further elaboration on the benefits that are expected to accrue to the Group
pursuant to the Proposed Acquisition;
The effects of the Proposed Acquisition on the future earnings of the Group; and
The highest percentage ratio applicable to the transaction pursuant to
Paragraph 10.02(g) of the Main Market Listing Requirements. Please note that
for the purpose of calculation of the percentage ratio, the value of
consideration should include the amount of liabilities to be assumed of
RM3,626,000.
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/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Amendment to Additional Information.pdf
Company Name: KHIND HOLDINGS BERHAD
Stock Name: KHIND
Date Announced: 31/01/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-110128-38795
Subject: AMENDMENT TO ADDITIONAL INFORMATION ON PROPOSED ACQUISITION
Description: PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST OF ANCOM ELECTRICAL (MALAYSIA) SDN BHD ("AEM"), AND ANCOM SYSTEMS (SINGAPORE) PTE LTD ("ASS") AND ITS WHOLLY-OWNED SUBSIDIARIES NAMELY ANCOM ELECTRICAL & ENVIRONMENTAL (SINGAPORE) PTE LTD ("AEE"), ANCOM ELECTRICAL (HONG KONG) LIMITED ("AEH") AND ANCOM ELECTRICAL (GUANGZHOU) LIMITED ("AEG") FOR TOTAL CASH CONSIDERATION OF RM8,000,000 ("PROPOSED ACQUISITION")
Query Letter content: We refer to your Company's announcement dated 27 January 2011, 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:-
The commencement date of business of AEM, ASS, AEE, AEH and AEG respectively;
Further elaboration on the types of electrical engineering products traded and
contracted by AEM, ASS, AEE, AEH and AEG;
The other factors that resulted in the substantial decrease in profits of AEM
in 2010, other than due to the decrease in revenue;
Elaboration on the reasons for the substantial decrease in profits of AEH in
2010;
The names of the directors and substantial shareholders of Ancom Logistics
Berhad ("ALB") together with their shareholdings in ALB;
The tabulation of the adjusted audited net assets of ALB Companies as at 31 May
2010, together with the nature/details of the adjustments and the respective
amounts;
The prospects of the electrical engineering products and industry;
Further elaboration on the benefits that are expected to accrue to the Group
pursuant to the Proposed Acquisition;
The effects of the Proposed Acquisition on the future earnings of the Group; and
The highest percentage ratio applicable to the transaction pursuant to
Paragraph 10.02(g) of the Main Market Listing Requirements. Please note that
for the purpose of calculation of the percentage ratio, the value of
consideration should include the amount of liabilities to be assumed of
RM3,626,000.
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/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Amendment to Additional Information.pdf
SEACERA - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SEACERA TILES BERHAD
Stock Name: SEACERA
Date Announced: 31/01/2011
Announcement Detail:
Date of buy back: 31/01/2011
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 0.720
Maximum price paid for each share purchased ($$): 0.720
Total consideration paid ($$): 720.00
Number of shares purchased retained in treasury (units): 117,300
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.20
Company Name: SEACERA TILES BERHAD
Stock Name: SEACERA
Date Announced: 31/01/2011
Announcement Detail:
Date of buy back: 31/01/2011
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 0.720
Maximum price paid for each share purchased ($$): 0.720
Total consideration paid ($$): 720.00
Number of shares purchased retained in treasury (units): 117,300
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.20
CBIP - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: NIL
Company Name: CB INDUSTRIAL PRODUCT HOLDING BERHAD
Stock Name: CBIP
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: CB INDUSTRIAL PRODUCT HOLDING BERHAD
- Contract from DEKEL OIL CI SA. to MODIPALM ENGINEERING SDN BHD
Submitting Merchant Bank: NIL
Company Name: CB INDUSTRIAL PRODUCT HOLDING BERHAD
Stock Name: CBIP
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: CB INDUSTRIAL PRODUCT HOLDING BERHAD
- Contract from DEKEL OIL CI SA. to MODIPALM ENGINEERING SDN BHD
CBIP - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Submitting Merchant Bank: NIL
Company Name: CB INDUSTRIAL PRODUCT HOLDING BERHAD
Stock Name: CBIP
Date Announced: 31/01/2011
Announcement Detail:
Date of buy back: 31/01/2011
Description of shares purchased: ORDINARY SHARE OF RM0.50 EACH
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 275,300
Minimum price paid for each share purchased ($$): 4.020
Maximum price paid for each share purchased ($$): 4.100
Total consideration paid ($$): 1,123,485.52
Number of shares purchased retained in treasury (units): 275,300
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,515,800
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.74
Submitting Merchant Bank: NIL
Company Name: CB INDUSTRIAL PRODUCT HOLDING BERHAD
Stock Name: CBIP
Date Announced: 31/01/2011
Announcement Detail:
Date of buy back: 31/01/2011
Description of shares purchased: ORDINARY SHARE OF RM0.50 EACH
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 275,300
Minimum price paid for each share purchased ($$): 4.020
Maximum price paid for each share purchased ($$): 4.100
Total consideration paid ($$): 1,123,485.52
Number of shares purchased retained in treasury (units): 275,300
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,515,800
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 (%): 4.74
AZRB - General Announcement
Announcement Type: General Announcement
Company Name: AHMAD ZAKI RESOURCES BERHAD
Stock Name: AZRB
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: LETTER OF ACCEPTANCE
"THE CONSTRUCTION AND COMPLETION OF 1002 UNITS OF FLATS IN THREE (3) BLOCKS OF 17 STOREYS AND RELATED WORKS FOR THE PUBLIC HOUSING PROGRAM AT PADANG HILIRAN, CHABANG TIGA, KUALA TERENGGANU, TERENGGANU DARUL IMAN"
Company Name: AHMAD ZAKI RESOURCES BERHAD
Stock Name: AZRB
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: LETTER OF ACCEPTANCE
"THE CONSTRUCTION AND COMPLETION OF 1002 UNITS OF FLATS IN THREE (3) BLOCKS OF 17 STOREYS AND RELATED WORKS FOR THE PUBLIC HOUSING PROGRAM AT PADANG HILIRAN, CHABANG TIGA, KUALA TERENGGANU, TERENGGANU DARUL IMAN"
PWORTH - Proposed Change of Company Name
Announcement Type: Proposed Change of Company Name
Company Name: PRICEWORTH WOOD PRODUCTS BERHAD
Stock Name: PWORTH
Date Announced: 31/01/2011
Announcement Detail:
Proposed company name: Priceworth International Berhad
Company Name: PRICEWORTH WOOD PRODUCTS BERHAD
Stock Name: PWORTH
Date Announced: 31/01/2011
Announcement Detail:
Proposed company name: Priceworth International Berhad
SATANG - GENERAL MEETINGS: OUTCOME OF MEETING
Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: The Board of Directors of Satang Holdings Berhad("Satang") is pleased to annouce that the shareholders of Satang have at its Extraordinary General Meeting ("EGM") held on 31 January 2011 passed the ordinary resolution pertaining to the proposed disposal by Satang of a piece of freehold land measuring 20,234 square metres (approximately 217,798.77 square feet) held under Lot No. 64216, Title No. GRN 58802 in the Mukim of Damansara, District of Petaling, State of Selangor Darul Ehsan to Mega Regal Development Sdn Bhd for a total cash consideration of RM18.0 million as set out in the Notice of EGM dated 14 January 2011.
This announcement is dated 31 January 2011.
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: The Board of Directors of Satang Holdings Berhad("Satang") is pleased to annouce that the shareholders of Satang have at its Extraordinary General Meeting ("EGM") held on 31 January 2011 passed the ordinary resolution pertaining to the proposed disposal by Satang of a piece of freehold land measuring 20,234 square metres (approximately 217,798.77 square feet) held under Lot No. 64216, Title No. GRN 58802 in the Mukim of Damansara, District of Petaling, State of Selangor Darul Ehsan to Mega Regal Development Sdn Bhd for a total cash consideration of RM18.0 million as set out in the Notice of EGM dated 14 January 2011.
This announcement is dated 31 January 2011.
VASTALX - PRACTICE NOTE 17 / GUIDANCE NOTE 3: MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description: Further to the announcement dated 3 January 2011 and following the classification of VEB as PN17 Company pursuant to Paragraph 8.04 and Paragraph 2.1(e) of PN17 of the Main Market Listing Requirements, we wish to announce that the Company has yet to finalise a complete Regularisation Plan. An announcement shall be made upon the completion of the said Regularisation Plan.
The Company has approximately ten (10) months to submit its Regularisation Plan to the relevant authorities for approval.
The announcement is dated 31 January 2011.
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description: Further to the announcement dated 3 January 2011 and following the classification of VEB as PN17 Company pursuant to Paragraph 8.04 and Paragraph 2.1(e) of PN17 of the Main Market Listing Requirements, we wish to announce that the Company has yet to finalise a complete Regularisation Plan. An announcement shall be made upon the completion of the said Regularisation Plan.
The Company has approximately ten (10) months to submit its Regularisation Plan to the relevant authorities for approval.
The announcement is dated 31 January 2011.
AXIS - PRACTICE NOTE 1 / GUIDANCE NOTE 5: MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
Company Name: AXIS INCORPORATION BERHAD
Stock Name: AXIS
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: The Board of Directors of Axis wishes to inform that since the last announcement made on 28 December 2010, there has been no further material development as at the date of this announcement.
This announcement is made on 31 January 2011
Company Name: AXIS INCORPORATION BERHAD
Stock Name: AXIS
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: The Board of Directors of Axis wishes to inform that since the last announcement made on 28 December 2010, there has been no further material development as at the date of this announcement.
This announcement is made on 31 January 2011
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