January 21, 2011

Company announcements: QL, OFI, PWORTH, SATANG, DAIBOCI, MERCURY, SALCON, PRDUREN

QL - Entitlement - Others

Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: QL RESOURCES BERHAD
Stock Name: QL
Date Announced: 21/01/2011

Announcement Detail:
EX-date: 08/02/2011

Entitlement date: 10/02/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: Subdivision of every existing one (1) ordinary share of RM0.50 each in QL Resources Berhad ("QL" or the "Company") into two (2) ordinary shares of RM0.25 each in QL ("QL Share(s)") ("Share Split")

Period of interest payment: to

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: Bina Management (M) Sdn Bhd
Lot 10, The Highway Centre
Jalan 51/205
46050 Petaling Jaya
Selangor Darul Ehsan
Telephone: (603) 7784 3922
Fax: (603) 7784 1988

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 10/02/2011

Entitlement indicator: Ratio

Ratio: 2 : 1

Remarks: The date of listing and quotation for QL Shares shall be 11 February 2011, being the next market day immediately after the entitlement date for the Share Split.

Notices of allotment will be issued and despatched to the entitled shareholders by 18 February 2011.

This announcement is dated 21 January 2011.


QL - Entitlement - Others

Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: QL RESOURCES BERHAD
Stock Name: QL
Date Announced: 21/01/2011

Announcement Detail:
EX-date: 08/02/2011

Entitlement date: 10/02/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: Issuance of 41,600,000 free warrants ("Warrant(s)") in QL Resources Berhad ("QL" or the "Company") on the basis of one (1) Warrant for every twenty (20) existing QL shares held after the share split.

Period of interest payment: to

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: Bina Management (M) Sdn Bhd
Lot 10, The Highway Centre
Jalan 51/205
46050 Petaling Jaya
Selangor Darul Ehsan
Telephone: (603) 7784 3922
Fax: (603) 7784 1988

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 10/02/2011

Entitlement indicator: Ratio

Ratio: 1 : 20

Remarks: The application for the quotation of the Warrants will be submitted to Bursa Malaysia Securities Berhad after the completion of the share split exercise. The Warrants will be quoted with 2 market days after the said submission.

This announcement is dated 21 January 2011.


OFI - INTENTION TO DEAL IN SECURITIES DURING CLOSED PERIOD

Announcement Type: General Announcement
Company Name: ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD
Stock Name: OFI
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: INTENTION TO DEAL IN SECURITIES DURING CLOSED PERIOD

Contents: Oriental Food Industries Holdings Berhad [OFI] wishes to announce that it has been requested by its Directors to inform the Exchange of the intention of Summer Legend Sdn Bhd (for which the directors of OFI are deemed interest in) to deal in the securities of OFI during the Closed Period as defined under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


PWORTH - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: PRICEWORTH WOOD PRODUCTS BERHAD
Stock Name: PWORTH
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: PRICEWORTH WOOD PRODUCTS BERHAD ("PWP" OR "COMPANY")

(A) PROPOSED RIGHTS ISSUE;

(B) PROPOSED IASC; AND

(C) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: Reference is made to the announcement dated 29 December 2010 in relation to the above. M&A Securities Sdn Bhd on behalf of the Company wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 21 January 2011.

This announcement is dated 21 January 2011.


SATANG - General Announcement

Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM
MAHKAMAH SESYEN DI KUALA LUMPUR, SUMMONS NO.: 52-505-2011

Contents: The Board of Directors of Satang Holdings Berhad ("Satang" or "the Company") wishes to announce that the Company has been served a Writ of Summons ("the Summons") and Statement of Claim both dated 4 January 2011 filed by Eversave Systems Sdn Bhd ("Plaintiff") against Satang Jaya Sdn Bhd ("SJSB"), a wholly-owned subsidiary of the Company.

1. The date of the presentation of the Writ of Summons and the date of the Writ of Summons served on the Company, its subsidiary or major associated company.

The Writ of Summons and Statements of Claim dated 4 January 2011 was served to the Company's registered office address at Suite 10.03, Level 10, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur on 19 January 2011 by Messrs K L Wong, the solicitor of the Plaintiff.

2. The particulars of the claim under the Writ of Summons, including the amount claimed for and the interest rate.

The Plaintiff's claims are for the sum of RM29,121.00 in respect of goods sold and delivered to SJSB on 8 September 2010 with the interest of 8% p.a. charged from the date of filling of the Writ of Summons until the full settlement of the amount claimed by the Plaintiff.

3. The details of the default or circumstances leading to the filing of the Writ of Summons against the Company, its subsidiary or major associated company.

The circumstances leading to the filing of the Writ of Summons against SJSB was due to the fact that SJSB has failed and/or default to pay for the goods sold to SJSB.

4. The financial and operational impact of the Writ of Summons on the Group.

The Writ of Summons will not have any additional financial and operational impact on the Group.

5. The expected losses, if any, arising from the Writ of Summons.

Satang is exposing to the losses resulting from the above claim, interest and legal cost in respect from the Writ of Summons.

6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.

Satang will seek the necessary legal advice from its solicitors with regards to the claim and will instruct its solicitors to defend the said claim.

The Company will announce further developments on the above matter as and when necessary.

This announcement is dated 21 January 2011.


DAIBOCI - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 21/01/2011

Announcement Detail:
Date of buy back: 21/01/2011

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 33,200

Minimum price paid for each share purchased ($$): 2.390

Maximum price paid for each share purchased ($$): 2.420

Total consideration paid ($$): 80,637.17

Number of shares purchased retained in treasury (units): 33,200

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

Cumulative net outstanding treasury shares as at to-date (units): 908,700

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 (%): 1.20


MERCURY - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: MERCURY INDUSTRIES BERHAD
Stock Name: MERCURY
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: PROPOSED DEALINGS IN SECURITIES OF MERCURY INDUSTRIES BERHAD ("Mercury" or "the Company") DURING CLOSED PERIOD

Contents: The Company has received notification from Tiong Kwing Hee, the Director of the Company in relation to his intention to deal in the securities of Mercury during the closed period of Mercury pending the announcement of Mercury's fourth quarterly results for the period ended 31 December 2010.

The details of his current shareholdings in Mercury are disclosed in the table below.

This announcement is dated 21 January 2011.


SALCON - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: SALCON BERHAD ("Salcon" or "Company")

RESOLUTION PASSED AT THE COMPANY'S EXTRAORDINARY GENERAL MEETING ("EGM") HELD ON 21 JANUARY 2011

Contents: On behalf of the Board of Directors of Salcon, MIMB Investment Bank Berhad is pleased to announce that the ordinary resolution set out in the Notice of EGM of the Company dated 6 January 2011 was duly passed by the shareholders of the Company at the EGM held at Classics Ballroom 2, Level 3, Holiday Villa Hotel & Suites Subang, 9 Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan on Friday, 21 January 2011.

This announcement is dated 21 January 2011.


SALCON - MEMORANDUM OF UNDERSTANDING WITH PERUSAHAAN DAERAH AIR MINUM KABUPATEN BEKASI

Announcement Type: General Announcement
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: MEMORANDUM OF UNDERSTANDING WITH PERUSAHAAN DAERAH AIR MINUM KABUPATEN BEKASI

Contents: Further to the announcement of 22 October 2010, Salcon Berhad ("the Company") wishes to inform that there is no material progress on the water supply scheme for Kecamatan Cikarang Barat and Citibung located in Kabupaten Bekasi, West Jawa, Indonesia. Salcon Engineering Berhad, a wholly-owned subsidiary of the Company is still waiting for the instruction from Kabupaten Bekasi.


PRDUREN - General Announcement

Announcement Type: General Announcement
Company Name: PERDUREN (M) BERHAD
Stock Name: PRDUREN
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: NOTIFICATION PURSUANT TO CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
-Notification of Proposed Dealings in Securities During Closed Period

Contents: Pursuant to Paragraph 14.08 (Chapter 14) of the Main Market Listing Requirements on Dealings in Securities, we wish to inform that Perduren (M) Berhad ("the Company/PMB") has on 21st January 2011 received a notification dated 21st January 2011 from Mr Loh Chen Yook, Managing Director of the Company, of his intention to deal in the securities of PMB during the closed period, pending announcement of the Company's 3rd quarterly results ended 31 December 2010.

Mr Loh Chen Yook's current shareholdings in the Company is as per table.



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