PETONE - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: PETROL ONE RESOURCES BERHAD
Stock Name: PETONE
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)
Description: PETROL ONE RESOURCES BERHAD (FORMERLY KNOWN AS CHANGHUAT CORPORATION BERHAD) ("PORB" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 4,619,884 NEW ORDINARY SHARES OF RM1.00 EACH IN PORB ("PORB SHARES") REPRESENTING UP TO 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PRIVATE PLACEMENT")
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: PETROL ONE RESOURCES BERHAD
Stock Name: PETONE
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)
Description: PETROL ONE RESOURCES BERHAD (FORMERLY KNOWN AS CHANGHUAT CORPORATION BERHAD) ("PORB" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 4,619,884 NEW ORDINARY SHARES OF RM1.00 EACH IN PORB ("PORB SHARES") REPRESENTING UP TO 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PRIVATE PLACEMENT")
SEEHUP - General Announcement
Announcement Type: General Announcement
Company Name: SEE HUP CONSOLIDATED BERHAD
Stock Name: SEEHUP
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SEE HUP CONSOLIDATED BERHAD ("SEE HUP" OR THE "COMPANY")
PROPOSED ACQUISITION BY LIMSA EKUITI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SEE HUP OF NINE (9) CONTIGUOUS PARCELS OF LAND IN MUKIM 14, DAERAH SEBERANG PERAI TENGAH, PULAU PINANG FROM PROGEREX SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM12,210,242.63`
Company Name: SEE HUP CONSOLIDATED BERHAD
Stock Name: SEEHUP
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SEE HUP CONSOLIDATED BERHAD ("SEE HUP" OR THE "COMPANY")
PROPOSED ACQUISITION BY LIMSA EKUITI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SEE HUP OF NINE (9) CONTIGUOUS PARCELS OF LAND IN MUKIM 14, DAERAH SEBERANG PERAI TENGAH, PULAU PINANG FROM PROGEREX SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM12,210,242.63`
POHUAT - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: POH HUAT RESOURCES HOLDINGS BERHAD
Stock Name: POHUAT
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: POH HUAT RESOURCES HOLDINGS BERHAD ("POH HUAT" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF NEW SHARES BY POH HUAT FURNITURE INDUSTRIES VIETNAM JOINT-STOCK COMPANY ("PROPOSED PLACEMENT")
Submitting Merchant Bank: N/A
Company Name: POH HUAT RESOURCES HOLDINGS BERHAD
Stock Name: POHUAT
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: POH HUAT RESOURCES HOLDINGS BERHAD ("POH HUAT" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF NEW SHARES BY POH HUAT FURNITURE INDUSTRIES VIETNAM JOINT-STOCK COMPANY ("PROPOSED PLACEMENT")
SMPC - General Announcement
Announcement Type: General Announcement
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Proposed Disposal of Nine (9) Pieces of Land in Mukim 14, Daerah Seberang Perai Tengah, Pulau Pinang by Progerex Sdn. Bhd., a wholly-owned subsidiary company of SMPC to Limsa Ekuiti Sdn. Bhd. for an aggregate cash consideration of RM12,210,242.63
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Proposed Disposal of Nine (9) Pieces of Land in Mukim 14, Daerah Seberang Perai Tengah, Pulau Pinang by Progerex Sdn. Bhd., a wholly-owned subsidiary company of SMPC to Limsa Ekuiti Sdn. Bhd. for an aggregate cash consideration of RM12,210,242.63
CCMDBIO - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RECURRENT RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: CCM DUOPHARMA BIOTECH BERHAD
Stock Name: CCMDBIO
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description: CCM DUOPHARMA BIOTECH BERHAD ("CCMD" or "the Company")
- Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate")
The Board of Directors of CCMD wishes to announce that the Company is proposing to seek its shareholders' approval at the forthcoming Annual General Meeting ("AGM") for the Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue and Trading Nature ("Proposed Shareholders' Mandate").
(i) Background of Proposed Shareholders' Mandate
At an Annual General Meeting ("AGM") held on 25 May 2010, the Company obtained shareholders' approval for CCMD Group to enter into RRPTs. The authority obtained for RRPTs shall continue to be in force (unless revoked or varied by the Company in general meeting) until:-
(a) the conclusion of the next AGM of the Company following the forthcoming AGM at which the Proposal is approved, at which time it will elapse, unless further renewed by a resolution passed at the next AGM;
(b) the expiration of the period within the next AGM of the Company after the forthcoming AGM is required to be held pursuant to Section 143(1) of the Companies Act, 1965 (but shall not extend to such extension as may be allowed pursuant to Section 143(2) of the Companies Act, 1965); or
(c) revoked or varied by resolution passed by the shareholders in general meeting of the Company,
whichever is earlier.
Details of the Proposed Shareholders' Mandate:
The Recurrent Transactions are carried out in the ordinary course of business on arms' length basis and on terms which are no more favaourable to the Related Parties than those generally available to the public and which are not prejudicial to the interest of the minority shareholders of CCMD. The Recurrent Transactions are intended to meet the business needs of the CCMD Group and to ensure smooth running of businesses within the CCMD Group.
Rationale:
The proposed Shareholders' Mandate would eliminate the necessity to announce and convene separate general meetings from time to time to seek shareholders' approval as and when such recurrent related party transaction occur. This would reduce substantial administrative expenses associated with the convening of such meetings, without compromising the corporate objectives and adversely affecting the business opportunities available to the Company.
(ii) Approval Required
The Proposal is subject to approval being obtained from the shareholders of the Company at the forthcoming AGM.
A Circular to shareholders containing details in relation to the Proposal will be submitted to Bursa Securities for approval and once approved, will be distributed to shareholders in due course.
This announcement is dated 29 March 2011.
Submitting Merchant Bank: -
Company Name: CCM DUOPHARMA BIOTECH BERHAD
Stock Name: CCMDBIO
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description: CCM DUOPHARMA BIOTECH BERHAD ("CCMD" or "the Company")
- Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate")
The Board of Directors of CCMD wishes to announce that the Company is proposing to seek its shareholders' approval at the forthcoming Annual General Meeting ("AGM") for the Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue and Trading Nature ("Proposed Shareholders' Mandate").
(i) Background of Proposed Shareholders' Mandate
At an Annual General Meeting ("AGM") held on 25 May 2010, the Company obtained shareholders' approval for CCMD Group to enter into RRPTs. The authority obtained for RRPTs shall continue to be in force (unless revoked or varied by the Company in general meeting) until:-
(a) the conclusion of the next AGM of the Company following the forthcoming AGM at which the Proposal is approved, at which time it will elapse, unless further renewed by a resolution passed at the next AGM;
(b) the expiration of the period within the next AGM of the Company after the forthcoming AGM is required to be held pursuant to Section 143(1) of the Companies Act, 1965 (but shall not extend to such extension as may be allowed pursuant to Section 143(2) of the Companies Act, 1965); or
(c) revoked or varied by resolution passed by the shareholders in general meeting of the Company,
whichever is earlier.
Details of the Proposed Shareholders' Mandate:
The Recurrent Transactions are carried out in the ordinary course of business on arms' length basis and on terms which are no more favaourable to the Related Parties than those generally available to the public and which are not prejudicial to the interest of the minority shareholders of CCMD. The Recurrent Transactions are intended to meet the business needs of the CCMD Group and to ensure smooth running of businesses within the CCMD Group.
Rationale:
The proposed Shareholders' Mandate would eliminate the necessity to announce and convene separate general meetings from time to time to seek shareholders' approval as and when such recurrent related party transaction occur. This would reduce substantial administrative expenses associated with the convening of such meetings, without compromising the corporate objectives and adversely affecting the business opportunities available to the Company.
(ii) Approval Required
The Proposal is subject to approval being obtained from the shareholders of the Company at the forthcoming AGM.
A Circular to shareholders containing details in relation to the Proposal will be submitted to Bursa Securities for approval and once approved, will be distributed to shareholders in due course.
This announcement is dated 29 March 2011.
HAIO - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 29/03/2011
Announcement Detail:
Date of buy back: 29/03/2011
Description of shares purchased: ORDINARY SHARES OF RM0.50 EACH
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 8,000
Minimum price paid for each share purchased ($$): 2.140
Maximum price paid for each share purchased ($$): 2.150
Total consideration paid ($$): 17,285.00
Number of shares purchased retained in treasury (units): 8,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,544,688
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.26
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 29/03/2011
Announcement Detail:
Date of buy back: 29/03/2011
Description of shares purchased: ORDINARY SHARES OF RM0.50 EACH
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 8,000
Minimum price paid for each share purchased ($$): 2.140
Maximum price paid for each share purchased ($$): 2.150
Total consideration paid ($$): 17,285.00
Number of shares purchased retained in treasury (units): 8,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,544,688
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 (%): 1.26
MITHRIL - GENERAL MEETINGS: NOTICE OF MEETING
Announcement Type: General Announcement
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: MITHRIL BERHAD
Stock Name: MITHRIL
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
NOTICE OF MEETING
Description: MITHRIL BERHAD ("MITHRIL" OR THE "COMPANY") - NOTICE OF EXTRAORDINARY GENERAL MEETING
Attachments: Notice of EGM(MITHRIL BERHAD).pdf
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: MITHRIL BERHAD
Stock Name: MITHRIL
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
NOTICE OF MEETING
Description: MITHRIL BERHAD ("MITHRIL" OR THE "COMPANY") - NOTICE OF EXTRAORDINARY GENERAL MEETING
Attachments: Notice of EGM(MITHRIL BERHAD).pdf
LEWEKO - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Announcement Type: General Announcement
Company Name: LEWEKO RESOURCES BERHAD
Stock Name: LEWEKO
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: TIMBER LOGS PRODUCTION FOR FEBRUARY 2011
Company Name: LEWEKO RESOURCES BERHAD
Stock Name: LEWEKO
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: TIMBER LOGS PRODUCTION FOR FEBRUARY 2011
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: 29/03/2011
Announcement Detail:
Date of buy back: 29/03/2011
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 6,000
Minimum price paid for each share purchased ($$): 1.340
Maximum price paid for each share purchased ($$): 1.370
Total consideration paid ($$): 8,175.59
Number of shares purchased retained in treasury (units): 6,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,450,100
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.62
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 29/03/2011
Announcement Detail:
Date of buy back: 29/03/2011
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 6,000
Minimum price paid for each share purchased ($$): 1.340
Maximum price paid for each share purchased ($$): 1.370
Total consideration paid ($$): 8,175.59
Number of shares purchased retained in treasury (units): 6,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,450,100
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 (%): 4.62
EKOVEST - General Announcement
Announcement Type: General Announcement
Company Name: EKOVEST BERHAD
Stock Name: EKOVEST
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: JOINT VENTURE AND SHAREHOLDERS' AGREEMENT BETWEEN MALAYSIAN RESOURCES CORPORATION BERHAD, EKOVEST BERHAD AND KL BUND SDN BHD
- Project Delivery Partner for the River of Life Project
Company Name: EKOVEST BERHAD
Stock Name: EKOVEST
Date Announced: 29/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: JOINT VENTURE AND SHAREHOLDERS' AGREEMENT BETWEEN MALAYSIAN RESOURCES CORPORATION BERHAD, EKOVEST BERHAD AND KL BUND SDN BHD
- Project Delivery Partner for the River of Life Project
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