March 3, 2011

Company announcements: GLOMAC, LUSTER, SMPC, TGOFFS, HINGYAP, BREM, ADVPKG, FPI

GLOMAC - Notice of Shares Buy Back - Immediate Announcement

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

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

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 80,000

Minimum price paid for each share purchased ($$): 1.690

Maximum price paid for each share purchased ($$): 1.720

Total consideration paid ($$): 136,786.46

Number of shares purchased retained in treasury (units): 80,000

Cumulative net outstanding treasury shares as at to-date (units): 705,300

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.24


LUSTER - Change of Address

Announcement Type: Change of Address
Company Name: LUSTER INDUSTRIES BHD.
Stock Name: LUSTER
Date Announced: 03/03/2011

Announcement Detail:
Change description: Correspondence

Old address: Lot 58 & 59 Bakar Arang Industrial Estate,
08000 Sungai Petani,
Kedah Darul Aman

New address: Plot 36 & 37 Jalan PKNK Utama,
Kawasan Perusahaan Sungai Petani,
08000 Sungai Petani,
Kedah Darulaman

Telephone no: 04-4417980

Facsimile no: 04-4428805

Effective date: 03/03/2011


SMPC - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 03/03/2011

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

Type of change: Appointment

Designation: Director

Directorate: Non Independent & Non Executive

Name: Dato' Lee Hean Guan

Age: 69

Nationality: Malaysian

Qualifications: N/A

Working experience and occupation: Dato' Lee Hean Guan was previously the former Group Managing Director of See Hup Consolidated Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad from 18 November 1997 till 29 May 2007. Presently, he is the adviser to See Hup Consolidated Berhad and sits on the Board of Directors for the subsidiaries of See Hup Groups.

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: 1)Direct interest : 322,700 ordinary shares of RM1.00 each
2)Deemed interest : 1,109,200 ordinary shares of RM1.00 each

Remarks: This announcement is dated 3 March 2011.


TGOFFS - PUBLIC REPRIMAND ON TANJUNG OFFSHORE BERHAD

Announcement Type: Listing Circular
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 03/03/2011

Announcement Detail:
Subject: PUBLIC REPRIMAND ON TANJUNG OFFSHORE BERHAD

Contents: Breach of paragraph 9.16(1)(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements ("Main Market LR")
Bursa Malaysia Securities Berhad ("Bursa Securities") hereby publicly reprimands Tanjung Offshore Berhad ("the Company") for breach of paragraph 9.16(1)(a) of the Main Market LR.
The Company is also required to:
(a) carry out a limited review on its quarterly report submissions. The limited review must be performed by the Company's external auditors for four quarterly reports commencing no later from the Company's quarterly report for the financial period ended 31 March 2011; and (b) ensure all its directors and the relevant personnel of the Company attend a training programme in relation to compliance with the Main Market LR particularly pertaining to financial statements.
Pursuant to paragraph 9.16(1)(a) of the Main Market LR, a listed issuer must ensure that each announcement is factual, clear, unambiguous, accurate, succinct and contains sufficient information to enable investors to make informed investment decisions.

The Company had reported an unaudited profit after taxation and minority interest of RM4,884,000 in the Company's fourth quarterly report for the financial period ended 31 December 2009 ("Unaudited Results") as compared to an audited profit after taxation and minority interest of RM3,075,694 ("Audited Results") in its annual audited accounts for the financial year ended 31 December 2009. The difference of RM1,808,306 between the Unaudited Results and the Audited Results for the financial year ended 31 December 2009 represents a deviation of approximately 37% ("Deviation").
In addition to the adjustment arising from the reversal of income recognized from claims made by an associate company, Cendor Mopu Producer Ltd as stated in the Company's announcement dated 30 April 2010, the Deviation was also due to the under recognition of revenue and post acquisition profit in respect of the Company's subsidiaries. The Company had breached paragraph 9.16(1)(a) of the Main Market LR in respect of the Company's announcement dated 23 February 2010 on its Unaudited Results which failed to take into account the adjustments arising from under recognition of revenue and post acquisition profit in respect of the Company's subsidiaries which was due to the Company's oversight.
The public reprimand was imposed pursuant to paragraph 16.19(1) of the Main Market LR after taking into consideration all facts and circumstances of the matter and upon completion of due process.

Bursa Securities views the contravention seriously and reminds the Company and its Board of Directors on their responsibility to maintain appropriate standards of corporate responsibility and accountability in order to achieve greater disclosure and transparency to the shareholders and the investing public. In this respect, the Company and its directors are required to take all reasonable steps including putting in place or enhancing the Company's procedures and processes and review the effective implementation of the same to ensure compliance with the Main Market LR at all times.

Whilst Bursa Securities has not made a finding that any of the directors of the Company caused or permitted the aforesaid breach by the Company, Bursa Securities nevertheless wishes to highlight that it is the responsibility of directors of listed companies to maintain appropriate standards of responsibility and accountability within the Company and amongst its officers and employees including, amongst others, an awareness of the importance of compliance with the Main Market LR. The Board of Directors of the Company at the material time are as follows:-
Datuk Wira Syed Ali Bin Tan Sri Syed Abbas Alhabshee Haji Omar Bin Khalid Haji Hamidon Bin Md Khayon Zaaba bin Sedek Dato Ab Wahab Bin Haji Ibrahim Edwanee Cheah Bin Abdullah George William Warren Jr Haji Abdullah bin Hashim


HINGYAP - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: HING YIAP GROUP BERHAD
Stock Name: HINGYAP
Date Announced: 03/03/2011

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

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Non Independent & Non Executive

Name: Ng Chin Huat

Age: 41

Nationality: Malaysian

Qualifications: Degree in Actuarial Science

Working experience and occupation: Mr. Ng was trained as an Actuary in Prudential Singapore for 2 years. Thereafter, he moved into stockbroking industry in 1993, gaining employment with HLG Securities, Malaysia. He is currently attached to Asia Brands Corporation Berhad as an Executive Chairman

Directorship of public companies (if any): Asia Brands Corporation Berhad

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: Deemed interest of 20,900,000 (50.02%) ordinary shares by virtue of his direct interest in Everest Hectare Sdn. Bhd.

Composition of Audit Committee (Name and Directorate of members after change): Kong Sau Kian
- Independent Non-Executive Director (Chairman of the Audit Committee)
Ng Chin Huat
- Non-Independent Non-Executive Director (Member)
Lim Kim Meng
- Independent Non-Executive Director (Member)


HINGYAP - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: HING YIAP GROUP BERHAD
Stock Name: HINGYAP
Date Announced: 03/03/2011

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

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Lim Kim Meng

Age: 40

Nationality: Malaysian

Qualifications: 1993 - LLB (Bachelor of Laws) University of London External Second Class Honours (Lower Division)
1994 - Certificate of Legal Practice (Hons) University of Malaya

Working experience and occupation: 1994 to 1997 - Member of the Malaysia Financial Markets Association, holding the position of liciensed foreign exchange and Money Market Dealer at Southern Bank Berhad, Kuala Lumpur
1997 to 1998 - Institutional Sales Dealer and Licensed KLSE Equities Dealer with HLG Securities Sdn. Bhd.
1998 to 1999 - Messrs Allen & Gledhill, Advocates & Solicators, Kuala Lumpur
1999 (present) - Managing Partner at Messrs K M Lim & Tan Advocates & Solicitors.

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Composition of Audit Committee (Name and Directorate of members after change): Kong Sau Kian
- Independent Non-Executive Director (Chairman of the Audit Committee)
Ng Chin Huat
- Non-Independent Non-Executive Director (Member)
Lim Kim Meng
- Independent Non-Executive Director (Member)


HINGYAP - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: HING YIAP GROUP BERHAD
Stock Name: HINGYAP
Date Announced: 03/03/2011

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

Type of change: Appointment

Designation: Chairman of Audit Committee

Directorate: Independent & Non Executive

Name: Kong Sau Kian

Age: 47

Nationality: Malaysian

Qualifications: -Member of the Malaysian Institute of Accountants
-Bachelor of Accounting (Honours) degree from University of Malayain 1988

Working experience and occupation: Mr. Kong joined an international public accounting firm until 1992 and gained exposure in areas include audit of wide range of industries , corporate restructuring, acquisition audit and other special assignment.

Directorship of public companies (if any): LBI Capital Berhad

Family relationship with any director and/or major shareholder of the listed issuer: None

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: None

Composition of Audit Committee (Name and Directorate of members after change): Kong Sau Kian
- Independent Non-Executive Director (Chairman of the Audit Committee)
Ng Chin Huat
- Non-Independent Non-Executive Director (Member)
Lim Kim Meng
- Independent Non-Executive Director (Member)


BREM - Notice of Shares Buy Back - Immediate Announcement

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

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

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 22,500

Minimum price paid for each share purchased ($$): 1.340

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

Total consideration paid ($$): 30,467.35

Number of shares purchased retained in treasury (units): 22,500

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

Cumulative net outstanding treasury shares as at to-date (units): 6,237,000

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 (%): 4.47


ADVPKG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Submitting Merchant Bank: NIL
Company Name: ADVANCED PACKAGING TECHNOLOGY (M) BHD
Stock Name: ADVPKG
Date Announced: 03/03/2011

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

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 3,000

Minimum price paid for each share purchased ($$): 1.300

Maximum price paid for each share purchased ($$): 1.340

Total consideration paid ($$): 3,980.00

Number of shares purchased retained in treasury (units): 3,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,031,016

Adjusted issued capital after cancellation (no. of shares) (units): 20,504,250

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.29


FPI - Financial Results

Announcement Type: Financial Results
Company Name: FORMOSA PROSONIC INDUSTRIES BERHAD
Stock Name: FPI
Date Announced: 03/03/2011

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)


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