January 27, 2011

Company announcements: WELLCAL, TIENWAH, HPI, POLY, GFB, CEPCO, SPSETIA, GADANG, SUIWAH, TRIUMPL

WELLCAL - WELLCALL HOLDINGS BERHAD ("WELLCALL") NOTICE OF ANNUAL GENERAL MEETING

Announcement Type: General Announcement
Company Name: WELLCALL HOLDINGS BERHAD
Stock Name: WELLCAL
Date Announced: 27/01/2011

Announcement Detail:
Type: Announcement

Subject: WELLCALL HOLDINGS BERHAD ("WELLCALL")
NOTICE OF ANNUAL GENERAL MEETING

Contents: The Board of Directors of WELLCALL wishes to inform that the Fifth Annual General Meeting ("AGM") of WELLCALL will be held at Langkawi Room, Bukit Jalil Golf & Country Resort, Jalan 3/155B, Bukit Jalil, 57000 Kuala Lumpur on Friday, 25 February 2011, at 10.30 a.m.

The Notice of the AGM dated 28 January 2011 is attached for your attention.

Attachments: NOTICE 5TH AGM.doc


TIENWAH - General Announcement

Announcement Type: General Announcement
Company Name: TIEN WAH PRESS HOLDINGS BERHAD
Stock Name: TIENWAH
Date Announced: 27/01/2011

Announcement Detail:
Type: Announcement

Subject: Tien Wah Press Holdings Berhad ("Tien Wah")
- Disposal of freehold land by Tien Wah Properties Sdn Bhd ("TWProp"), a wholly-owned subsidiary of Tien Wah ("Proposed Disposal")

Contents: The Board of Directors of Tien Wah ("Board") wishes to announce that its wholly-owned subsidiary i.e. TWProp (Company No. 428504-A) had on 27 January 2011 entered into a Sale and Purchase Agreement ["SPA"] with Daijin Tech (M) Sdn Bhd (Company No. 663138-K) ["DTM"] to sell to DTM all that piece of freehold land held under GM 2119 for Lot 5007 in the Mukim of Kapar, Daerah Klang, Negeri Selangor in area measuring approximately 12,140.55 square meters together with the buildings erected therein bearing postal address known as Lot 5007, Batu 5, Jalan Meru, 41050 Klang ["Property"] for a total purchase price of Ringgit Malaysia Nine Million and Two Hundred Thousand (RM9,200,000.00) only ["Transaction"].

1. INFORMATION ON TWPROP AND DTM

TWProp is a limited company incorporated on 23 April 1997 under the Companies Act, 1965 with a present authorised share capital of RM2.00 comprising 2 ordinary shares of RM1.00 each and an issued and paid-up share capital of RM2.00 comprising 2 ordinary shares of RM1.00 each. TWProp is a wholly-owned subsidiary of Tien Wah.

The Directors of TWProp are Tengku Mahaleel Bin Tengku Ariff, Mr Ong Kiok Teng and Mr Ong Liang Win.

TWProp's principal business activity is investment property holding.


DTM is a limited company incorporated on 17 August 2004 under the Companies Act, 1965 with a present authorised share capital of RM1,000,000.00 comprising of 1,000,000 ordinary shares of RM1.00 each and an issued and paid-up share capital of RM600,000.00 comprising of 600,000 ordinary shares of RM1.00 each.

The Directors of DTM are Ahn Dong Jin and Linda Patricia Lim Sooi Hong.

DTM's principal business activity is manufacturer of metal stamping.

2. DETAILS OF THE TRANSACTION

(a) Particulars of the Property

TWProp is the registered proprietor and beneficial owner of all that piece of freehold land held under GM 2119 for Lot 5007 in the Mukim of Kapar, Daerah Klang, Negeri Selangor in area measuring approximately 12,140.55 square meters together with the buildings erected therein bearing postal address known as Lot 5007, Batu 5, Jalan Meru, 41050 Klang.

The Property as at the date of the SPA is being charged to Oversea-Chinese Banking Corporation Limited vide presentation no. 9284/2008 ["Existing Charge"].

A portion of the Property is at the date of the SPA leased to Tenaga Nasional Berhad vide presentation no. 3209/1992 for a period of 30 years from 2 November 1991 and expiring on 1 November 2021 ["Existing Lease"].

The Property is currently tenanted to Paper Base Converting Sdn Bhd (Company No. 398112-V) vide a Tenancy Agreement dated the 1 September 2009 ["Tenancy"] at a monthly rental of RM49,725-00 only for a period of three (3) years expiring on the 31 August 2012 wherein a sum of RM174,037-50 has been paid to TWProp as rental and utility deposits.


(b) Basis of arriving at the consideration, justification for the consideration and manner in which the consideration will be satisfied

TWProp has agreed to sell and DTM has agreed to purchase the Property on an "as-is-where-is" basis with the fixtures and fittings stated in the SPA free from all encumbrances without vacant possession and subject to the Tenancy and to all conditions expressed or implied in the issue document of title of the Property and upon the terms and subject to the conditions contained in the SPA


(c) Salient features of the SPA and valuation report

-Terms of payment

The total purchase price for the Property is the sum of Ringgit Malaysia Nine Million and Two Hundred Thousand (RM9,200,000.00) only ["Purchase Price"].

The SPA is in consideration of the following:-

(i) the sum of Ringgit Malaysia One Hundred and Eighty Four Thousand (RM184,000-00) only paid by DTM as earnest moneys prior to the execution of the SPA;


(ii) the sum of Ringgit Malaysia One Hundred and Eighty Four Thousand (RM184,000-00) only which is equivalent to 2% of the Purchase Price now paid by DTM to its solicitors as stakeholders for the purpose of compliance with the Real Property Gains Tax Act pursuant to Clause 16 of SPA; and

(iii) the sum of Ringgit Malaysia Five Hundred and Fifty Two Thousand (RM552,000-00) only now paid by DTM to TWProp by way of deposit and towards account of the Purchase Price

-Completion

The balance of the Purchase Price amounting to Ringgit Malaysia Eight Million Two Hundred and Eighty Thousand (RM8,280,000-00) only (hereinafter referred to as "the Balance Purchase Price") shall be paid by DTM and/or DTM's Financier (as the case may be) to TWProp's solicitors as stakeholders within ninety (90) days from the date of the SPA (hereinafter referred to as "the Completion Date") PROVIDED ALWAYS that if DTM shall be unable to pay the Balance Purchase Price within the Completion Date, the Vendor shall automatically grant to the Purchasers and the Purchasers shall be entitled without request to an extension to the Completion Date for a period of thirty (30) days commencing the day immediately following the expiry of the Completion Date (hereinafter referred to as "the Extended Completion Date") and in consideration thereof DTM shall pay to TWProp interest on the Balance Purchase Price or any part thereof outstanding and remaining unpaid at the rate of ten per centum (10%) per annum on a daily basis calculated from the commencement of the Extended Completion Date until the date of full payment thereof PROVIDED further that all interest (if any) payable by DTM to TWProp pursuant to this clause shall be paid by the DTM to TWProp simultaneously with the payment of the Balance Purchase Price.

(d) Highest percentage ratio applicable to the Transaction

The highest percentage ratio applicable to the Transaction based on the Audited Financial Statements of Tien Wah for the financial year ended 31 December 2009 pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 5.9%.

(e) Net book value of the Property

The net book value of the Property as at the last audited accounts as at 31 December 2009 stood at RM7,712,412.

3. LIABILITIES TO BE ASSUMED

None

4. ORIGINAL COST OF INVESTMENT AND DATE OF SUCH INVESTMENT

The property was acquired on 22 August 2006 at a purchase value of RM8,140,941.

5. FINANCIAL INFORMATION ON THE PROPERTY

The gain on disposal of the property based on the last audited accounts as at 31 December 2009 is at RM1,487,588 before defraying estimated expenses of RM280,000.

6. FINANCIAL EFFECTS OF THE TRANSACTION

The Transaction is not expected to have any material effect on the earnings per share, net assets per share, share capital and substantial shareholders' shareholding of the Tien Wah Group for the financial year ending 31 December 2010.


7. APPROVALS REQUIRED

The Transaction is not expected to require the shareholders' approval of Tien Wah or approval from any regulatory bodies.


8. DIRECTORS AND/OR MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED

None of the Directors and/or major shareholders and/or persons connected with them has any interest, direct or indirect, in the Transaction.


9. RATIONALE OF THE TRANSACTION

TWProp intends to dispose this investment Property which is currently not being used for Tien Wah Group's operations in order to enable it to utilize the proceeds from the disposal for its repayment of borrowings to Tien Wah.


10. ESTIMATED TIMEFRAME FOR COMPLETION

Within ninety (90) days from the date of the SPA provided always that if DTM shall be unable to pay the Balance Purchase Price within the Completion Date, TWProp shall automatically grant to DTM an extension for a period of thirty (30) days commencing the day immediately following the expiry of the Completion Date.


11. STATEMENT BY DIRECTORS

The Directors of Tien Wah are of the opinion that the Transaction is in the best interest of the Tien Wah Group.


12. DOCUMENT(S) AVAILABLE FOR INSPECTION

The SPA is available for inspection at the registered office of Tien Wah during office hours from Monday to Friday (except public holidays) at Lot 6.05, Level 6, KPMG Tower 8, First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan.

This is an announcement under Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 27 January 2011.


HPI - Quarterly rpt on consolidated results for the financial period ended 30/11/2010

Announcement Type: Financial Results
Company Name: HPI RESOURCES BERHAD
Stock Name: HPI
Date Announced: 27/01/2011

Announcement Detail:
Financial Year End: 31/05/2011

Quarter: 2

Quarterly report for the financial period ended: 30/11/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


POLY - Dealings by Directors outside closed period

Announcement Type: General Announcement
Company Name: POLY GLASS FIBRE (M) BERHAD
Stock Name: POLY
Date Announced: 27/01/2011

Announcement Detail:
Type: Announcement

Subject: Dealings by Directors outside closed period

Contents: Pursuant to paragraph 14.09(a) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities"), the following Director of POLY GLASS FIBRE (M) BHD has transacted in securities of the Company with details as follows: -

Name of Director: Fong Wah Kai

Date of Transaction: 24-26 January 2011

Nature: Indirect

Amount of Securities acquired (indirect): 36,900 ordinary shares of RM1.00 each

Percentage of Securities acquired: 0.02%

Transacted price: RM0.365 per share

Total no. of Securities (%) held after acquisition are as follows: -

Direct: 6,798,800 (4.25%)
Indirect: 75,309,300 (47.08%)

Dated this 27th day of January 2011


GFB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 27/01/2011

Announcement Detail:
Date of buy back: 27/01/2011

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 17,600

Minimum price paid for each share purchased ($$): 1.430

Maximum price paid for each share purchased ($$): 1.470

Total consideration paid ($$): 25,664.52

Number of shares purchased retained in treasury (units): 17,600

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

Cumulative net outstanding treasury shares as at to-date (units): 2,555,600

Adjusted issued capital after cancellation (no. of shares) (units): 56,616,106

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.51

Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.

This announcement is dated 27/01/2011.


CEPCO - NOTICE OF 26TH ANNUAL GENERAL MEETING

Announcement Type: General Announcement
Company Name: CONCRETE ENGINEERING PRODUCTS BERHAD
Stock Name: CEPCO
Date Announced: 27/01/2011

Announcement Detail:
Type: Announcement

Subject: NOTICE OF 26TH ANNUAL GENERAL MEETING

Contents: NOTICE IS HEREBY GIVEN that the Twenty-Sixth Annual General Meeting of the Company will be held at Dewan Murni, Ground Floor, Menara Integriti, Institut Integriti Malaysia, Persiaran Duta, Off Jalan Duta,50480 Kuala Lumpur on Wednesday, 23 February 2011 at 10.00am.

The notice of the Annual General Meeting dated 28 January 2011 is attached.

Attachments: CEPCO- Notice of 26th AGM.pdf


SPSETIA - SPSETIA-EXERCISE 148,000 WARRANTS 2008/2013 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 27/01/2011

Announcement Detail:
Subject: SPSETIA-EXERCISE 148,000 WARRANTS 2008/2013 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 148,000 new ordinary shares of RM0.75 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Monday, 31 January 2011.


GADANG - Quarterly rpt on consolidated results for the financial period ended 30/11/2010

Announcement Type: Financial Results
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 27/01/2011

Announcement Detail:
Financial Year End: 31/05/2011

Quarter: 2

Quarterly report for the financial period ended: 30/11/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


SUIWAH - Quarterly rpt on consolidated results for the financial period ended 30/11/2010

Announcement Type: Financial Results
Company Name: SUIWAH CORPORATION BERHAD
Stock Name: SUIWAH
Date Announced: 27/01/2011

Announcement Detail:
Financial Year End: 31/05/2011

Quarter: 2

Quarterly report for the financial period ended: 30/11/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


TRIUMPL - General Announcement

Announcement Type: General Announcement
Company Name: TRIUMPHAL ASSOCIATES BHD
Stock Name: TRIUMPL
Date Announced: 27/01/2011

Announcement Detail:
Type: Announcement

Subject: TRIUMPHAL ASSOCIATES BERHAD ("TAS" OR "COMPANY")
PUBLIC SHAREHOLDING SPREAD PURSUANT TO PARAGRAPH 8.02(1) AND PRACTICE NOTE 19 OF BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS ("Listing Requirements")

Contents: Approval on the application for an extension of time to comply with the Public Shareholding Spread Requirement pursuant to Paragraph 8.02(1) of the Listing Requirements.



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