April 4, 2011

Company announcements: BIG, GTRONIC, PETRA, ASTINO, APP, SCNWOLF, HAIO, PPHB, GFB, AIRB

BIG - null

Announcement Type: General Announcement
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 04/04/2011

Announcement Detail:
Type: Announcement

Subject: PROVISION OF FINANCIAL ASSISTANCE

Description: QUARTERLY DISCLOSURE OF INFORMATION IN RELATION TO MONEY LENDING COMPANY PURSUANT TO PARAGRAPH 8.23(2)(e) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES").

Pursuant to paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Securities, the Company wishes to announce that the money lending activities (as part of the ordinary course of business) of its wholly-owned subsidiary, B.I.G. Bahtera Sdn. Bhd. for the first quarter ended 31 March 2011 are as set out in the attachment.

This announcement is dated 4 April 2011.

Attachments: BIG Bahtera - Bursa Requirement- 310311.pdf


GTRONIC - null

Announcement Type: General Announcement
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 04/04/2011

Announcement Detail:
Type: Announcement

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

Description: Notification of dealings by Directors in the securities of Globetronics Technology Bhd ("GTB" or "the Company") during closed period.


PETRA - null

Announcement Type: General Announcement
Company Name: PETRA PERDANA BERHAD
Stock Name: PETRA
Date Announced: 04/04/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: YL-110401-44638

Subject: Petra Perdana Berhad ("PPB" or the "Company")
- Disposal of accommodation workbarge ("the Disposal")

Description: Further to Bursa Securities' query letter dated 1 April 2011 on the Company's announcement made on 30 March 2011, the Company wishes to provide the following additional information for public release, the numbering used hereunder is consistent with the numbering in the query letter:

1. The dead weight tonnage of the accommodation workbarge is 5,905.88 tons and the workbarge is registered in Malaysia.

2. The consideration of USD8.2 million (approximately RM25 million) was arrived at on a willing buyer willing seller basis taking into account the net book value of the workbarge as at 31 December 2010 of RM23.8 million. As mentioned in the Company's announcement, the consideration will be satisfied in cash. The payment terms are:

i) a deposit of 5% amounting to USD0.4 million of which has been received.

ii) the balance of 95% to be paid on delivery of the workbarge which is expected in mid April 2011.

3. The Disposal does not have any material effect on the earnings per share and net assets per share of the PPB Group. As the proceeds will be utilised for bond repayment, the gearing will improve consequently.

This announcement is dated 4 April 2011.

Query Letter content: We refer to your Company's announcement dated 30 March 2011 in respect of the
above matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. The description of the accommodation workbarge including but not limited to:-
(i) The dead weight tonnage
(ii) Country of registration

2. The basis of arriving at the consideration of USD8,200,000.00 and the manner
in which the consideration will be satisfied, including the terms of any
arrangement for payment on a deferred basis.

3. The effects of the Disposal on the earnings per share, net assets per share
and gearing of the Petra Perdana Berhad group.

Kindly 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/YLS
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)


ASTINO - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: ASTINO BERHAD
Stock Name: ASTINO
Date Announced: 04/04/2011

Announcement Detail:
Date of buy back: 04/04/2011

Description of shares purchased: Ordinary shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 50,000

Minimum price paid for each share purchased ($$): 0.665

Maximum price paid for each share purchased ($$): 0.665

Total consideration paid ($$): 33,250.00

Number of shares purchased retained in treasury (units): 50,000

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

Cumulative net outstanding treasury shares as at to-date (units): 4,791,904

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 (%): 3.50


APP - null

Announcement Type: Change in Boardroom
Company Name: APP INDUSTRIES BERHAD
Stock Name: APP
Date Announced: 04/04/2011

Announcement Detail:
Date of change: 04/04/2011

Type of change: Appointment

Designation: Executive Director

Directorate: Executive

Name: Datuk Lim Chaing Cheah

Age: 61

Nationality: Malaysian

Qualifications: Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), member of the British Institute of Management and the Corporate Finance Faculty of the ICAEW and a Chartered Accountant with the Malaysian Institute of Accountants (MIA).

Working experience and occupation: Datuk Lim's career began at A.T. Chenhalls and Company in the United Kingdom where he was articled for 4 years before joining B. Fish and Partners in the United Kingdom as an Audit Senior for 2 years. He then joined Standard Telephones and Cables PLC as a Financial Analyst and within 4 years quickly rose to the position of Financial Planning Manager. After garnering over 10 years of working experience in the United Kingdom, he returned to Malaysia where he worked in the automotive industry for 6 years under the employment of industry leaders such as Dunlop Malaysia Industries Berhad, Tan Chong Motor Holdings Berhad and Edaran Otomobil Nasional Berhad. In 1987, he returned to his profession as a Partner in Lew and Company before taking up various directorships in public and private companies. He joined Perwaja Steel Sdn Bhd ("PSSB") as Director - Corporate from 01 June 1988 to 31 December 1994, joined Kanzen Berhad as Executive Director from 13 February 1995 to 31 July 1996. He subsequently joined Maju Holdings Sdn. Bhd. ("Maju Holdings") as Executive Director on 01 August 1996, and on 01 July 2002 he was appointed Chief Operating Officer of Maju Holdings. On 06 September 2006 he was appointed to the Board of PSSB as Director and is also currently a director of MTH Power Berhad and Perwaja Holdings Berhad.

Directorship of public companies (if any): Perwaja Holdings Berhad and MTH Power Berhad

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


SCNWOLF - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 04/04/2011

Announcement Detail:
Date of buy back: 04/04/2011

Description of shares purchased: Ordinary Shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 5,000

Minimum price paid for each share purchased ($$): 0.430

Maximum price paid for each share purchased ($$): 0.430

Total consideration paid ($$): 2,193.65

Number of shares purchased retained in treasury (units): 5,000

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

Cumulative net outstanding treasury shares as at to-date (units): 2,654,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.32


HAIO - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 04/04/2011

Announcement Detail:
Date of buy back: 04/04/2011

Description of shares purchased: Ordinary Shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 4,000

Minimum price paid for each share purchased ($$): 2.180

Maximum price paid for each share purchased ($$): 2.180

Total consideration paid ($$): 8,768.00

Number of shares purchased retained in treasury (units): 4,000

Cumulative net outstanding treasury shares as at to-date (units): 2,560,088

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.27


PPHB - null

Announcement Type: General Announcement
Company Name: PUBLIC PACKAGES HOLDINGS BHD
Stock Name: PPHB
Date Announced: 04/04/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE


GFB - null

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 04/04/2011

Announcement Detail:
Date of buy back from: 29/03/2011

Date of buy back to: 01/04/2011

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 36,600

Minimum price paid for each share purchased ($$): 1.410

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

Total amount paid for shares purchased ($$): 52,293.06

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 36,600

Total number of shares retained in treasury (units): 2,927,000

Number of shares purchased which were cancelled (units): 5,826,204

Total issued capital as diminished: 56,616,106

Date lodged with registrar of companies: 04/04/2011

Lodged by: TMF Administrative Services Malaysia Sdn. Bhd.

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

This announcement is dated 04/04/2011.


AIRB - null

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: ALIRAN IHSAN RESOURCES BERHAD
Stock Name: AIRB
Date Announced: 04/04/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: LETTER OF ACCEPTANCE - APPOINTMENT AS MAIN CONTRACTOR FOR THE PROPOSED UPGRADING, REHABILITATION AND EXTENSION OF EXISTING SEMANGAR WATER TREATMENT PLANT, KOTA TINGGI, JOHOR : PACKAGE 1 - CONSTRUCTION OF TREATMENT WORKS


No comments:

Post a Comment