TWRREIT - Quarterly rpt on consolidated results for the financial period ended 31/12/2010
Announcement Type: Financial Results
Company Name: TOWER REAL ESTATE INVESTMENT TRUST
Stock Name: TWRREIT
Date Announced: 31/01/2011
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 4
Quarterly report for the financial period ended: 31/12/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: TOWER REAL ESTATE INVESTMENT TRUST
Stock Name: TWRREIT
Date Announced: 31/01/2011
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 4
Quarterly report for the financial period ended: 31/12/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
TWRREIT - Income Distribution
Announcement Type: Entitlements (Notice of Book Closure)
Company Name: TOWER REAL ESTATE INVESTMENT TRUST
Stock Name: TWRREIT
Date Announced: 31/01/2011
Announcement Detail:
EX-date: 17/02/2011
Entitlement date: 21/02/2011
Entitlement time: 04:00:00 PM
Entitlement subject: Income Distribution
Entitlement description: Final Income Distribution of 5.5 sen per unit, taxable in the hands of unitholders.
Period of interest payment: to
Financial Year End: 31/12/2010
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: Hong Leong Share Registration Services Sdn Bhd
Level 5, Wisma Hong Leong
18 Jalan Perak
50450 Kuala Lumpur
Tel: 03-21641818
Payment date: 28/02/2011
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 21/02/2011
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.055
Remarks: This announcement is dated 31 January 2011.
Company Name: TOWER REAL ESTATE INVESTMENT TRUST
Stock Name: TWRREIT
Date Announced: 31/01/2011
Announcement Detail:
EX-date: 17/02/2011
Entitlement date: 21/02/2011
Entitlement time: 04:00:00 PM
Entitlement subject: Income Distribution
Entitlement description: Final Income Distribution of 5.5 sen per unit, taxable in the hands of unitholders.
Period of interest payment: to
Financial Year End: 31/12/2010
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: Hong Leong Share Registration Services Sdn Bhd
Level 5, Wisma Hong Leong
18 Jalan Perak
50450 Kuala Lumpur
Tel: 03-21641818
Payment date: 28/02/2011
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 21/02/2011
Entitlement indicator: Currency
Currency: Malaysian Ringgit (MYR)
Entitlement in Currency: 0.055
Remarks: This announcement is dated 31 January 2011.
SATANG - General Announcement
Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- Variance between Audited and Unaudited Results for the Financial Year Ended 30 September 2010
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- Variance between Audited and Unaudited Results for the Financial Year Ended 30 September 2010
SATANG - General Announcement
Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- Qualification of Audited Financial Statement For The Financial Year Ended 30 September 2010
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- Qualification of Audited Financial Statement For The Financial Year Ended 30 September 2010
VASTALX - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Chairman
Directorate: Independent & Non Executive
Name: Tan Sri Dato' Zainol Abidin bin Abd Rashid
Age: 65
Nationality: Malaysian
Qualifications: He graduated from University of Malaya in Economics and holds a Masters in Development Economics from Boston University , USA.
Working experience and occupation: He started his career as an Assistant Secretary to Ministry of National and Rural Development in 1970. From 1973 to 1980, he was in the National Institute of Public Administration (INTAN) as the Program Coordinator. From 1981 to September 1983, he was the Director of Sabah Institute of Administration and Research. From 1983 to April 1989, he was the Deputy Secretary for the Economic and International Division, Treasury Ministry of Finance.From 1989 to 1994, he was the Director for Human Resource Development Section, Economic Planning Unit under the Prime Minister's Department. From 1994 to 1997, he was the Director General for the Manpower Department, Ministry of Human Resource. He was promoted as Secretary General for the Ministry of Human Resource in 1997. From 2000 to 2006, he was the Chief Executive Office/ Director General of Inland Revenue Board of Malaysia. He retired from public service in October 2006. Among his international experience, he acted as the Delegation Leader in meetings with the World Bank International Monetary Fund (IMF), Asia Pacific Economic Cooperation (APEC) and International Labour Organization (ILO). He was also an Asian Regional Expert in Informal Sector, the Chairman for Commonwealth Association of Tax Authorities (CATA) Management Comittee, the Chairman for South Asia Study Group on Tax Administration (SGATAR) and the Chairman for Association of Tax Authorities of Islamic Countries (ATAIC).
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: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Chairman
Directorate: Independent & Non Executive
Name: Tan Sri Dato' Zainol Abidin bin Abd Rashid
Age: 65
Nationality: Malaysian
Qualifications: He graduated from University of Malaya in Economics and holds a Masters in Development Economics from Boston University , USA.
Working experience and occupation: He started his career as an Assistant Secretary to Ministry of National and Rural Development in 1970. From 1973 to 1980, he was in the National Institute of Public Administration (INTAN) as the Program Coordinator. From 1981 to September 1983, he was the Director of Sabah Institute of Administration and Research. From 1983 to April 1989, he was the Deputy Secretary for the Economic and International Division, Treasury Ministry of Finance.From 1989 to 1994, he was the Director for Human Resource Development Section, Economic Planning Unit under the Prime Minister's Department. From 1994 to 1997, he was the Director General for the Manpower Department, Ministry of Human Resource. He was promoted as Secretary General for the Ministry of Human Resource in 1997. From 2000 to 2006, he was the Chief Executive Office/ Director General of Inland Revenue Board of Malaysia. He retired from public service in October 2006. Among his international experience, he acted as the Delegation Leader in meetings with the World Bank International Monetary Fund (IMF), Asia Pacific Economic Cooperation (APEC) and International Labour Organization (ILO). He was also an Asian Regional Expert in Informal Sector, the Chairman for Commonwealth Association of Tax Authorities (CATA) Management Comittee, the Chairman for South Asia Study Group on Tax Administration (SGATAR) and the Chairman for Association of Tax Authorities of Islamic Countries (ATAIC).
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: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
VASTALX - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Tan Sri Dato' Zainol Abidin bin Abd Rashid
Age: 65
Nationality: Malaysian
Qualifications: He graduated from University of Malaya in Economics and holds a Masters in Development Economics from Boston University , USA.
Working experience and occupation: He started his career as an Assistant Secretary to Ministry of National and Rural Development in 1970. From 1973 to 1980, he was in the National Institute of Public Administration (INTAN) as the Program Coordinator. From 1981 to September 1983, he was the Director of Sabah Institute of Administration and Research. From 1983 to April 1989, he was the Deputy Secretary for the Economic and International Division, Treasury Ministry of Finance.From 1989 to 1994, he was the Director for Human Resource Development Section, Economic Planning Unit under the Prime Minister's Department. From 1994 to 1997, he was the Director General for the Manpower Department, Ministry of Human Resource. He was promoted as Secretary General for the Ministry of Human Resource in 1997. From 2000 to 2006, he was the Chief Executive Office/ Director General of Inland Revenue Board of Malaysia. He retired from public service in October 2006. Among his international experience, he acted as the Delegation Leader in meetings with the World Bank International Monetary Fund (IMF), Asia Pacific Economic Cooperation (APEC) and International Labour Organization (ILO). He was also an Asian Regional Expert in Informal Sector, the Chairman for Commonwealth Association of Tax Authorities (CATA) Management Comittee, the Chairman for South Asia Study Group on Tax Administration (SGATAR) and the Chairman for Association of Tax Authorities of Islamic Countries (ATAIC).
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: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): Rosthman bin Ibrahim (Member, Independent & Non Executive Director)
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Tan Sri Dato' Zainol Abidin bin Abd Rashid
Age: 65
Nationality: Malaysian
Qualifications: He graduated from University of Malaya in Economics and holds a Masters in Development Economics from Boston University , USA.
Working experience and occupation: He started his career as an Assistant Secretary to Ministry of National and Rural Development in 1970. From 1973 to 1980, he was in the National Institute of Public Administration (INTAN) as the Program Coordinator. From 1981 to September 1983, he was the Director of Sabah Institute of Administration and Research. From 1983 to April 1989, he was the Deputy Secretary for the Economic and International Division, Treasury Ministry of Finance.From 1989 to 1994, he was the Director for Human Resource Development Section, Economic Planning Unit under the Prime Minister's Department. From 1994 to 1997, he was the Director General for the Manpower Department, Ministry of Human Resource. He was promoted as Secretary General for the Ministry of Human Resource in 1997. From 2000 to 2006, he was the Chief Executive Office/ Director General of Inland Revenue Board of Malaysia. He retired from public service in October 2006. Among his international experience, he acted as the Delegation Leader in meetings with the World Bank International Monetary Fund (IMF), Asia Pacific Economic Cooperation (APEC) and International Labour Organization (ILO). He was also an Asian Regional Expert in Informal Sector, the Chairman for Commonwealth Association of Tax Authorities (CATA) Management Comittee, the Chairman for South Asia Study Group on Tax Administration (SGATAR) and the Chairman for Association of Tax Authorities of Islamic Countries (ATAIC).
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: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): Rosthman bin Ibrahim (Member, Independent & Non Executive Director)
VASTALX - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Dato' Mohamed Salleh bin Bajuri
Age: 60
Nationality: Malaysian
Qualifications: He is a qualified Chartered Accountant from Ireland and is a member of the Malaysian Institute of Accountants (MIA) since 1986
Working experience and occupation: He joined Peat Marwick & Co as a Senior Auditor. He then joined Maybank Finance Bhd as a Manager and in 1982, was promoted to General Manager. He was then seconded to Malayan Banking Bhd and was promoted to General Manager in 1988, a position he held until 1992. In 1992, he took over JB Securities Sdn. Bhd., a Stock Broking firm in Johor, where he held the position of Managing Director until 1995.He is now involved in the property business and is the Group Executive Director of CRSC Holdings Bhd.
From 1982 to 1987, he was the Alternate Chairman of the Association of Finance Companies in Malaysia ("AFCM") and was the Chairman of AFCM Committee for Education and Public Relations. From 1997 to 1999, he was a Director of Saham Sabah Berhad and was one of the Trustees for Yayasan Kebajikan SDARA. He was also one of the Trustees for Tabung Melayu Pontian Sdn. Bhd. from 1997 to 2006.
Directorship of public companies (if any): He is also a Director of Asian Pac Holdings Bhd, Eden Enterprise (M) Bhd, Harbor-Link Group Bhd, LKT Industrial Bhd, Milux Corporation Bhd and Agro Bank 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
Composition of Audit Committee (Name and Directorate of members after change): Rosthman bin Ibrahim (Member, Independent & Non Executive Director)
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Dato' Mohamed Salleh bin Bajuri
Age: 60
Nationality: Malaysian
Qualifications: He is a qualified Chartered Accountant from Ireland and is a member of the Malaysian Institute of Accountants (MIA) since 1986
Working experience and occupation: He joined Peat Marwick & Co as a Senior Auditor. He then joined Maybank Finance Bhd as a Manager and in 1982, was promoted to General Manager. He was then seconded to Malayan Banking Bhd and was promoted to General Manager in 1988, a position he held until 1992. In 1992, he took over JB Securities Sdn. Bhd., a Stock Broking firm in Johor, where he held the position of Managing Director until 1995.He is now involved in the property business and is the Group Executive Director of CRSC Holdings Bhd.
From 1982 to 1987, he was the Alternate Chairman of the Association of Finance Companies in Malaysia ("AFCM") and was the Chairman of AFCM Committee for Education and Public Relations. From 1997 to 1999, he was a Director of Saham Sabah Berhad and was one of the Trustees for Yayasan Kebajikan SDARA. He was also one of the Trustees for Tabung Melayu Pontian Sdn. Bhd. from 1997 to 2006.
Directorship of public companies (if any): He is also a Director of Asian Pac Holdings Bhd, Eden Enterprise (M) Bhd, Harbor-Link Group Bhd, LKT Industrial Bhd, Milux Corporation Bhd and Agro Bank 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
Composition of Audit Committee (Name and Directorate of members after change): Rosthman bin Ibrahim (Member, Independent & Non Executive Director)
VASTALX - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: Dato' Mohamed Salleh bin Bajuri
Age: 60
Nationality: Malaysian
Qualifications: He is a qualified Chartered Accountant from Ireland and is a member of the Malaysian Institute of Accountants (MIA) since 1986.
Working experience and occupation: He joined Peat Marwick & Co as a Senior Auditor. He then joined Maybank Finance Bhd as a Manager and in 1982, was promoted to General Manager. He was then seconded to Malayan Banking Bhd and was promoted to General Manager in 1988, a position he held until 1992. In 1992, he took over JB Securities Sdn. Bhd., a Stock Broking firm in Johor, where he held the position of Managing Director until 1995.He is now involved in the property business and is the Group Executive Director of CRSC Holdings Bhd.
From 1982 to 1987, he was the Alternate Chairman of the Association of Finance Companies in Malaysia ("AFCM") and was the Chairman of AFCM Committee for Education and Public Relations. From 1997 to 1999, he was a Director of Saham Sabah Berhad and was one of the Trustees for Yayasan Kebajikan SDARA. He was also one of the Trustees for Tabung Melayu Pontian Sdn. Bhd. from 1997 to 2006.
Directorship of public companies (if any): He is also a Directors of Asian Pac Holdings Bhd, Eden Enterprise (M) Bhd, Harbor-Link Group Bhd, LKT Industrial Bhd, Milux Corporation Bhd and Agro Bank 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
Company Name: VASTALUX ENERGY BERHAD
Stock Name: VASTALX
Date Announced: 31/01/2011
Announcement Detail:
Date of change: 01/02/2011
Type of change: Resignation
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: Dato' Mohamed Salleh bin Bajuri
Age: 60
Nationality: Malaysian
Qualifications: He is a qualified Chartered Accountant from Ireland and is a member of the Malaysian Institute of Accountants (MIA) since 1986.
Working experience and occupation: He joined Peat Marwick & Co as a Senior Auditor. He then joined Maybank Finance Bhd as a Manager and in 1982, was promoted to General Manager. He was then seconded to Malayan Banking Bhd and was promoted to General Manager in 1988, a position he held until 1992. In 1992, he took over JB Securities Sdn. Bhd., a Stock Broking firm in Johor, where he held the position of Managing Director until 1995.He is now involved in the property business and is the Group Executive Director of CRSC Holdings Bhd.
From 1982 to 1987, he was the Alternate Chairman of the Association of Finance Companies in Malaysia ("AFCM") and was the Chairman of AFCM Committee for Education and Public Relations. From 1997 to 1999, he was a Director of Saham Sabah Berhad and was one of the Trustees for Yayasan Kebajikan SDARA. He was also one of the Trustees for Tabung Melayu Pontian Sdn. Bhd. from 1997 to 2006.
Directorship of public companies (if any): He is also a Directors of Asian Pac Holdings Bhd, Eden Enterprise (M) Bhd, Harbor-Link Group Bhd, LKT Industrial Bhd, Milux Corporation Bhd and Agro Bank 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
INTEGRA - INTEGRAX BERHAD ("INTEGRAX" and/or Company") SUIT NO. D-22NCC-155-2011
Announcement Type: General Announcement
Company Name: INTEGRAX BERHAD
Stock Name: INTEGRA
Date Announced: 31/01/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-110128-61164
Subject: INTEGRAX BERHAD ("INTEGRAX" and/or Company")
SUIT NO. D-22NCC-155-2011
Description: We refer to your letter reference TE-110128-61164 dated 28 January 2011 in respect of our announcement dated 27 January 2011 and our response are as follows -
1. The claim was presented on 21 January 2011 and was served upon the solicitors acting for En Amin bin Halim Rasip ["En Amin"] on 27 January 2011.
2. There is no specific amounts claimed under the suit, only damages to be assessed by the Court.
3. Impact of the suit on Integrax Berhad -
i. The Company is of the opinion that there is no foreseeable immediate financial impact except for the consequential impact arising from suits and arbitration proceedings in relation to LMTSB and all associated legal and other costs arising therefrom of the suit on Integrax Berhad which have yet to be determined pending resolution of the same.
ii. A Consent Order was obtained by the Company on 13 January 2011 whereby En Amin who was the Co-CEO at Integrax Berhad in charge of Lumut Port has been restrained from holding himself out as a director or CEO of Lumut Maritime Terminal Sdn Bhd ["LMTSB"], the owner of Lumut Port.
The Consent Order also orders that the management of LMTSB to be overseen by a Management Supervisory Committee comprising two [2] members nominated by the Company [by themselves or through their named alternates] and two [2] members nominated by Taipan Merit Sdn Bhd [by themselves or through their named alternates] to be operated pursuant to the terms of the Shareholders Agreement. Integrax Berhad also retains the right to nominate the CEO of LMTSB. Therefore there is no current operational impact of the suit on the operation of Lumut Maritime Terminal and the Lekir Bulk Terminal and consequently no immediate impact on Integrax Berhad.
Further details on the Consent Order can be obtained from the Company's announcement on 13 January 2011.
Query Letter content: We refer to your announcement dated 27 January 2011 in respect of the
abovecaptioned matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
(1) The date of the presentation of the suit and the date the suit was served
on En. Amin bin Halim Rasip.
(2) The amount claimed for under the suit and the interest rate.
(3) The financial and operational impact of the suit on the Integrax Berhad
group.
Kindly 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/TEK
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
Company Name: INTEGRAX BERHAD
Stock Name: INTEGRA
Date Announced: 31/01/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-110128-61164
Subject: INTEGRAX BERHAD ("INTEGRAX" and/or Company")
SUIT NO. D-22NCC-155-2011
Description: We refer to your letter reference TE-110128-61164 dated 28 January 2011 in respect of our announcement dated 27 January 2011 and our response are as follows -
1. The claim was presented on 21 January 2011 and was served upon the solicitors acting for En Amin bin Halim Rasip ["En Amin"] on 27 January 2011.
2. There is no specific amounts claimed under the suit, only damages to be assessed by the Court.
3. Impact of the suit on Integrax Berhad -
i. The Company is of the opinion that there is no foreseeable immediate financial impact except for the consequential impact arising from suits and arbitration proceedings in relation to LMTSB and all associated legal and other costs arising therefrom of the suit on Integrax Berhad which have yet to be determined pending resolution of the same.
ii. A Consent Order was obtained by the Company on 13 January 2011 whereby En Amin who was the Co-CEO at Integrax Berhad in charge of Lumut Port has been restrained from holding himself out as a director or CEO of Lumut Maritime Terminal Sdn Bhd ["LMTSB"], the owner of Lumut Port.
The Consent Order also orders that the management of LMTSB to be overseen by a Management Supervisory Committee comprising two [2] members nominated by the Company [by themselves or through their named alternates] and two [2] members nominated by Taipan Merit Sdn Bhd [by themselves or through their named alternates] to be operated pursuant to the terms of the Shareholders Agreement. Integrax Berhad also retains the right to nominate the CEO of LMTSB. Therefore there is no current operational impact of the suit on the operation of Lumut Maritime Terminal and the Lekir Bulk Terminal and consequently no immediate impact on Integrax Berhad.
Further details on the Consent Order can be obtained from the Company's announcement on 13 January 2011.
Query Letter content: We refer to your announcement dated 27 January 2011 in respect of the
abovecaptioned matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
(1) The date of the presentation of the suit and the date the suit was served
on En. Amin bin Halim Rasip.
(2) The amount claimed for under the suit and the interest rate.
(3) The financial and operational impact of the suit on the Integrax Berhad
group.
Kindly 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/TEK
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
MAXBIZ - General Announcement
Announcement Type: General Announcement
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- PRACTICE NOTE 17 ("PN 17") OF THE MAIN MARKET LISTING REQUIREMENTS
Contents: Further to MAXBIZ's announcement made on 18 January 2011, and following the classification of MAXBIZ as PN17 pursuant to Paragraph 8.04 and Paragraph 2.1(a) of PN17, in relation to the monthly announcement of MAXBIZ's status to regularise the Company's financial condition, MAXBIZ would like to announce that there is no major development since that announcement.
The Board is seeking legal and financial advices from its lawyer and financial advisers before formalizing a Regularisation Plan to address its PN17 status, with the requisite announcement detailing the regularisation plan to be made to Bursa Securities via adviser(s) to be appointed.
The Company has approximately another eleven (11) months to submit its Regularisation Plan to the relevant authorities for approval.
This announcement is dated 31 January 2011.
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 31/01/2011
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- PRACTICE NOTE 17 ("PN 17") OF THE MAIN MARKET LISTING REQUIREMENTS
Contents: Further to MAXBIZ's announcement made on 18 January 2011, and following the classification of MAXBIZ as PN17 pursuant to Paragraph 8.04 and Paragraph 2.1(a) of PN17, in relation to the monthly announcement of MAXBIZ's status to regularise the Company's financial condition, MAXBIZ would like to announce that there is no major development since that announcement.
The Board is seeking legal and financial advices from its lawyer and financial advisers before formalizing a Regularisation Plan to address its PN17 status, with the requisite announcement detailing the regularisation plan to be made to Bursa Securities via adviser(s) to be appointed.
The Company has approximately another eleven (11) months to submit its Regularisation Plan to the relevant authorities for approval.
This announcement is dated 31 January 2011.
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