March 30, 2011

Company announcements: BHIC, MJPERAK, GFB, SPSETIA, BREM, IREKA, FSBM, INTEGRA, HIRO, PRESTAR

BHIC - null

Announcement Type: General Announcement
Company Name: BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name: BHIC
Date Announced: 30/03/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NN-110329-41060

Subject: Kuala Lumpur High Court Civil Suit
Meridien Shore Sdn. Bhd. (In Liquidation) vs Boustead Naval Shipyard Sdn Bhd

Description: Content:

Further to the announcement dated 28 March 2011, we set out below the additional information required for public release:-

1. The Writ of Summons dated 13 January 2011 and the Amended Statement of Claim dated 10 March 2011 are based on the same subject matter of the litigation that was fully discontinued as announced on 28 April 2010. However, Boustead Naval Shipyard Sdn. Bhd. ("BNS") is not in a position to ascertain as to why Meridien Shore Sdn. Bhd. (In Liquidation) has commenced a fresh action against BNS based on the same subject matter. From the description of Meridien Shore Sdn. Bhd. (In Liquidation), BNS believes that the fresh action has been commenced by the liquidators of the said company, whereas the discontinued litigation was before the winding up of Meridien Shore Sdn. Bhd.
2. At the material time, one of the shareholders of Meridian Shore Sdn. Bhd., Tan Sri (then Dato') Amin Shah Bin Haji Omar Shah was a director of BNS and one Azlan Shah Bin Omar Shah, a shareholder and director of Meridien Shore Sdn. Bhd. was also a director of BNS. There was no common direct shareholder for both Meridien Shore Sdn. Bhd. and BNS.
3. BNS is not a major associated company as defined in the Chapter 1 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, as it does not contribute 70% or more of the Group's revenue, profit or assets. Boustead Heavy Industries Corporation Berhad ("BHIC")'s effective shareholding in BNS via Perstim Industries Sdn Bhd is 20.74% as at 31 December 2010.
4. The total cost of investment in BNS as recorded in BHIC Group accounts as at 31 December 2010 is RM53,579,670.00.
5. BNS has appointed solicitors to handle this case. The Directors of BNS in consultation with the solicitors are of the view that BNS has a good defence against the claim by Meridien Shore Sdn. Bhd. (In Liquidation). Thus, the litigation is expected to have no financial and operational impact to the Group.
6. In consultation with its solicitors, BNS is of the opinion that it has a good defence and thus, no financial losses are expected to arise from the litigation.

Query Letter content: We refer to your Company's announcement dated 28 March 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:-

Whether the Writ of Summons dated 13 January 2011 and Amended Statement of
Claim dated 10 March 2011 is related to the litigation that was fully
discontinued as announced on 28 April 2010. If yes, to state the circumstances
that resulted in the continuation of the litigation;
Relationship between Meridien Shore Sdn. Bhd. and BNS;
Confirmation as to whether BNS is a major associate of the Company;
Total cost of investment in BNS;
Financial and operational impact of the litigation on the Group; and
The expected losses, if any, arising from the litigation.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully,


HENG TECK HENG
Head, Issuers
Listing Division
Regulation

HTH/NN

copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)


MJPERAK - null

Announcement Type: Change in Chief Executive Officer
Company Name: MAJUPERAK HOLDINGS BERHAD
Stock Name: MJPERAK
Date Announced: 30/03/2011

Announcement Detail:
Date of change: 30/03/2011

Type of change: Cessation

Name: MEGAT JOHA BIN MEGAT ABDUL RAHMAN

Age: 48

Nationality: MALAYSIAN

Qualifications: Member of the American Institute of Certified Public Accountants, Bachelor of Science Business Administration (Accounting & Finance) Boston University, Boston,Massachusetts, United States of America.

Working experience and occupation: Encik Megat Joha graduated in 1986 and started his working career with KPMG Chicago and later joined the Kuala Lumpur's office. He has had various commercial stints, namely with Kumpulan FIMA Berhad, KLSE (now Bursa Malaysia), Mayban Securities (now Maybank Investment Bank), Patimas Computer Berhad and Scomi Engineering Berhad. Prior to this, he was Group Chief Financial Officer for Pesaka Ventures Sdn. Bhd.

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 or its subsidiaries: NIL

Details of any interest in the securities of the listed issuer or its subsidiaries: NIL

Remarks: THE BOARD OF DIRECTORS HAS APPROVED THE RENEWAL OF CONTRACT OF EMPLOYMENT OF ENCIK MEGAT JOHA FOR THE POST OF CHIEF EXECUTIVE OFFICER FOR A FURTHER PERIOD OF ONE (1) YEAR WHICH IS FROM 1ST APRIL 2011 TO 31ST MARCH 2012. NEVERTHELESS, THE OFFER FOR THE EXTENTION OF THE CONTRACT FOR EMPLOYMENT WAS DECLINED BY HIM. THEREFORE, BY THE MUTUAL AGREEMENT BETWEEN HIM AND THE COMPANY, THE TENURE OF HIS EMPLOYMENT SHALL EXPIRE ON 30TH MARCH 2011.


GFB - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 30/03/2011

Announcement Detail:
Date of buy back: 30/03/2011

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 7,600

Minimum price paid for each share purchased ($$): 1.420

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

Total consideration paid ($$): 10,901.18

Number of shares purchased retained in treasury (units): 7,600

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

Cumulative net outstanding treasury shares as at to-date (units): 2,904,000

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 (%): 5.13

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

This announcement is dated 30/03/2011.


SPSETIA - null

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 30/03/2011

Announcement Detail:
Type: Announcement

Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)

Description: S P SETIA BERHAD ("S P SETIA" OR THE "COMPANY")

(I) PLACEMENT OF NEW ORDINARY SHARES OF RM0.75 EACH IN S P SETIA ("S P SETIA SHARES"), REPRESENTING UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PLACEMENT");

(II) BONUS ISSUE OF NEW S P SETIA SHARES ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) S P SETIA SHARES HELD AFTER THE PLACEMENT ("BONUS ISSUE"); AND

(III) INCREASE IN THE AUTHORISED SHARE CAPITAL OF S P SETIA FROM RM1,200,000,000 COMPRISING 1,600,000,000 S P SETIA SHARES TO RM2,250,000,000 COMPRISING 3,000,000,000 S P SETIA SHARES ("CAPITAL INCREASE")

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISE")


BREM - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 30/03/2011

Announcement Detail:
Date of buy back: 30/03/2011

Description of shares purchased: Ordinary Shares @ RM1/- Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 20,000

Minimum price paid for each share purchased ($$): 1.350

Maximum price paid for each share purchased ($$): 1.350

Total consideration paid ($$): 27,197.10

Number of shares purchased retained in treasury (units): 20,000

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

Cumulative net outstanding treasury shares as at to-date (units): 6,470,100

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 (%): 4.63


IREKA - null

Announcement Type: General Announcement
Company Name: IREKA CORPORATION BERHAD
Stock Name: IREKA
Date Announced: 30/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: Award of Contract


FSBM - null

Announcement Type: General Announcement
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 30/03/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NS-110329-43572

Subject: MATERIAL LITIGATION

Description: We refer to the query from Bursa Malaysia Securities Berhad dated 29 March 2011 and wish to set out below our reply:-

(1) The details of the default or circumstances leading to the filing of Writ of Summons and Statement of Claim.

The circumstances leading to the filing of the Summon against the Company was due to the fact that the Company has failed and/or defaults to settle the monthly lease rentals from 29 October 2010 until 29 January 2011 (Total RM410,000 as stated as rentals due and unpaid as at 29 January 2011 in the Statement of Claim).

(2) The operational impact of the Writ of Summons and Statement of Claim on the Group.

The leased asset was not being used in the Company's operation thus the Company is of the opinion that there is no operation impact.

(3) The expected losses, if any arising from Writ of Summons and Statement of Claim.

The Company do not expect losses arising from the Writ of Summons and Statement of Claim except for the overdue interest of RM19,791.78 and any further late charges interest, if any.

(4) The effects of the Writ of Summons and Statement of Claim on the earnings per share and the net assets per share of the Group.

The legal action is not expected to have an adverse material impact on the earnings and net assets per share of the Group.

Query Letter content: We refer to your Company's announcement dated 28 March 2011 in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

1. The details of the default or circumstances leading to the filing of Writ of
Summons and Statement of Claim.
2. The operational impact of the Writ of Summons and Statement of Claim on the
Group.
3. The expected losses, if any arising from Writ of Summons and Statement of
Claim.
4. The effects of the Writ of Summons and Statement of Claim on the earnings
per share and the net assets per share of the Group.

Please 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/NZ

c.c:- General Manager & Head, Market Surveillance Department, Market
Supervision Buisness Group, Securities Commission (via fax)


INTEGRA - null

Announcement Type: Change of Address
Company Name: INTEGRAX BERHAD
Stock Name: INTEGRA
Date Announced: 30/03/2011

Announcement Detail:
Change description: Correspondence

Old address: 17th Floor - Tower Block
Kompleks Antarabangsa
Jalan Sultan Ismail
50250 Kuala Lumpur

New address: 17th Floor - Tower Block
Kompleks Antarabangsa
Jalan Sultan Ismail
50250 Kuala Lumpur

Telephone no: 03-2141 7728 / 03-2141 7491

Facsimile no: 03-2141 2995

Effective date: 30/03/2011

Remark: Change of phone and fax numbers. Address remains unchanged.


HIRO - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HIROTAKO HOLDINGS BHD
Stock Name: HIRO
Date Announced: 30/03/2011

Announcement Detail:
Date of buy back: 30/03/2011

Description of shares purchased: ordinary shares

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 132,000

Minimum price paid for each share purchased ($$): 1.750

Maximum price paid for each share purchased ($$): 1.800

Total consideration paid ($$): 233,808.47

Number of shares purchased retained in treasury (units): 132,000

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

Cumulative net outstanding treasury shares as at to-date (units): 2,301,260

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 (%): 1.29


PRESTAR - null

Announcement Type: General Announcement
Company Name: PRESTAR RESOURCES BERHAD
Stock Name: PRESTAR
Date Announced: 30/03/2011

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD

Description: PRESTAR RESOURCES BHD ("PRESTAR" OR "COMPANY")
- DEALING OUTSIDE CLOSED PERIOD


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