February 14, 2011

Company announcements: VERSATL, MERGE, BPPLAS, EVERGRN, GUANCHG, TAGB, IVORY

VERSATL - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: VERSATILE CREATIVE BERHAD
Stock Name: VERSATL
Date Announced: 14/02/2011

Announcement Detail:
Date of change: 14/02/2011

Type of change: Demised

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Chan Fin Fui @ Chan Kim Fee

Age: 72

Nationality: MALAYSIAN

Qualifications: N/A

Working experience and occupation: He was appointed to the Board on 28 October 2003. He started his career in 1962 as an officer with Citibank Malaysia Berhad. He has extensive experience in the banking and financial services sector, having served in credit and risk evaluation in 1969,international trade finance in 1971, headed the Local Corporate Banking Group in 1972 and served as Senior Credit Officer for Citibank Malaysia in 1980 and was promoted to the position of Vice President of Commercial Foreign Exchange & Derivative Products which he held until 1994. Subsequently, he acted as a consultant for the treasury operations for OCBC Bank (M) Berhad for 1996 and 1997. Since then, he took on the role of a personal adviser to Bright Rims (M) Sdn Bhd and is responsible for the assessment of major business decisions and various financial matters.

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): NIL


VERSATL - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: VERSATILE CREATIVE BERHAD
Stock Name: VERSATL
Date Announced: 14/02/2011

Announcement Detail:
Date of change: 14/02/2011

Type of change: Demised

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: Chan Fin Fui @ Chan Kim Fee

Age: 72

Nationality: MALAYSIAN

Qualifications: N/A

Working experience and occupation: He was appointed to the Board on 28 October 2003. He started his career in 1962 as an officer with
Citibank Malaysia Berhad. He has extensive experience in the banking and financial services sector,
having served in credit and risk evaluation in 1969,international trade finance in 1971, headed the Local
Corporate Banking Group in 1972 and served as Senior Credit Officer for Citibank Malaysia in 1980 and
was promoted to the position of Vice President of Commercial Foreign Exchange & Derivative Products
which he held until 1994. Subsequently, he acted as a consultant for the treasury operations for OCBC
Bank (M) Berhad for 1996 and 1997. Since then, he took on the role of a personal adviser to Bright Rims
(M) Sdn Bhd and is responsible for the assessment of major business decisions and various financial
matters.

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

Remarks: Shall cease as a member of Nomination Committee and Remuneration Committee.


MERGE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: MERGE ENERGY BHD
Stock Name: MERGE
Date Announced: 14/02/2011

Announcement Detail:
Date of change: 14/02/2011

Type of change: Appointment

Designation: Chief Executive Officer

Directorate: Executive

Name: DATO' ABDUL JALIL BIN ABDUL KARIM

Age: 46

Nationality: MALAYSIAN

Qualifications: Bachelor of Science majoring in Mechanical Engineering from University of Alabama, United States of America

Working experience and occupation: Dato' Abdul Jalil has twenty four (24) years of working experience in water related industry having worked with many reputable companies locally and abroad. His expertise is also found in project consultancy and management and construction.

He was with a company that specialises in non revenue water reduction for four (4) years before joining Merge Energy Bhd as an Executive Director/Chief Executive Officer.

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: Substantial shareholder having an indirect/deemed interest in Desa Binapuri Sdn Bhd, a major substantial shareholder of the Company.


MERGE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: MERGE ENERGY BHD
Stock Name: MERGE
Date Announced: 14/02/2011

Announcement Detail:
Date of change: 14/02/2011

Type of change: Resignation

Designation: Chief Executive Officer

Directorate: Executive

Name: YUSOF BIN BADAWI

Age: 48

Nationality: MALAYSIAN

Qualifications: N/A

Working experience and occupation: N/A

Directorship of public companies (if any): N/A

Family relationship with any director and/or major shareholder of the listed issuer: N/A

Any conflict of interests that he/she has with the listed issuer: N/A

Details of any interest in the securities of the listed issuer or its subsidiaries: N/A

Remarks: N/A


BPPLAS - OTHERS: BP PLASTIC HOLDINGS BHD ("BPPLS" or "the Company") - 8% INTERIM TAX EXEMPT DIVIDEND

Announcement Type: General Announcement
Company Name: BP PLASTICS HOLDING BHD
Stock Name: BPPLAS
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: BP PLASTIC HOLDINGS BHD ("BPPLS" or "the Company")
- 8% INTERIM TAX EXEMPT DIVIDEND


BPPLAS - Quarterly rpt on consolidated results for the financial period ended 31/12/2010

Announcement Type: Financial Results
Company Name: BP PLASTICS HOLDING BHD
Stock Name: BPPLAS
Date Announced: 14/02/2011

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)


EVERGRN - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company Name: EVERGREEN FIBREBOARD BERHAD
Stock Name: EVERGRN
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS

Description: Reference is made to EFB's Circular to Shareholders relating to the Proposed Renewal of Shareholder Mandate and New Shareholder Mandate for RRPT of a revenue or trading nature ("Proposed Mandate") dated 26 April 2010 ("the RRPT Circular"). The ordinary resolution on the Proposed Mandate had been approved by the shareholders of EFB at the Annual General Meeting held on 17 May 2010.

Pursuant to Paragraph 10.09(2)(e) of Bursa Malaysia Securities Berhad Main Market Listing Requirements and Paragraph 2.5 of Practice Note 12, EFB now wishes to announce the variation in the actual value of the RRPT transacted with EFB and its subsidiary, Dawa Timber Industries (M) Sdn. Bhd. ("DTI") from the estimated value as disclosed in the RRPT Circular as set out in Table A below.

This announcement is dated 14 February 2011.


GUANCHG - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: GUAN CHONG BERHAD
Stock Name: GUANCHG
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES

Description: GUAN CHONG BERHAD ("GCB" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF UP TO 80,000,000 NEW ORDINARY SHARES OF RM0.25 EACH ("BONUS SHARES") IN GCB ("GCB SHARES" OR "SHARES") TO BE CREDITED AS FULLY PAID UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY THREE (3) EXISTING GCB SHARES HELD AT 5.00 P.M. ON 14 FEBRUARY 2011 ("PROPOSED BONUS ISSUE")

PROPOSED ISSUE OF UP TO 60,000,000 FREE WARRANTS IN GCB ("WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY FOUR (4) EXISTING GCB SHARES HELD AT 5.00 P.M. ON 14 FEBRUARY 2011 ("PROPOSED FREE WARRANTS ISSUE");

PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF GCB FROM RM100,000,000 COMPRISING 400,000,000 SHARES TO RM200,000,000 COMPRISING 800,000,000 SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL");

PROPOSED AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF GCB TO FACILITATE THE PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL ("PROPOSED AMENDMENTS"); AND

PROPOSED PURCHASE BY GCB OF UP TO TEN PERCENT (10%) OF ITS ISSUED AND PAID-UP SHARE CAPITAL ("PROPOSED SHARE BUY-BACK")

(COLLECTIVELY REFERRED HEREINAFTER AS THE "PROPOSALS")


TAGB - General Announcement

Announcement Type: General Announcement
Company Name: TA GLOBAL BERHAD
Stock Name: TAGB
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: We wish to furnish herewith the quarterly disclosure pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements for the following subsidiary:-

MONEYLENDING SUBSIDIARY : TA FIRST CREDIT SDN BHD (29009-A)
FINANCIAL PERIOD FOR THE QUARTER ENDED 31 JANUARY 2011

This announcement is dated 14 February 2011.

Attachments: TAFC 0111.PDF


IVORY - General Announcement

Announcement Type: General Announcement
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: PROPOSED ACQUISITION OF ALL THAT PIECES OF LAND KNOWN AS LOT NOS. 196, 197, 293 AND 36, SEK. 2, BANDAR BATU FERRINGHI, DAERAH TIMUR LAUT, PULAU PINANG AND HELD UNDER GRANT NOS. 49045, 49046, 35130 AND 10284 RESPECTIVELY WITH AREA MEASURING APPROXIMATELY 1.103 ACRES BY IVORY MEADOWS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF IVORY PROPERTIES GROUP BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM25 MILLION



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