May 3, 2011

Company announcements: SATANG, GLOBALC, MAHSING, FITTERS-WA

SATANG - OTHERS

Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 03/05/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- Appointment of Investigative Auditor


GLOBALC - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: GLOBAL CARRIERS BERHAD
Stock Name: GLOBALC
Date Announced: 03/05/2011

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: GLOBAL CARRIERS BHD ("GCB" OR "COMPANY")

(I) PROPOSED ACQUISITION BY GCB OF ALL EQUITY INTEREST IN GLOBAL BIKHLAS SDN BHD, GLOBAL BMESRA SDN BHD AND GLOBAL BMESRA DUA SDN BHD HELD BY
GMV-GLOBAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GLOBAL MARITIME VENTURES BERHAD WHICH IN TURN IS A 90%-OWNED SUBSIDIARY OF BANK
PEMBANGUNAN MALAYSIA BERHAD FOR A TOTAL PURCHASE CONSIDERATION OF APPROXIMATELY RM31.55 MILLION ("PROPOSED ACQUISITIONS");
(II) PROPOSED PLACEMENT OF UP TO 100 MILLION FIVE-YEAR REDEEMABLE CUMULATIVE CONVERTIBLE PREFERENCE SHARES OF RM0.01 EACH BY GCB AT AN
ISSUE PRICE OF RM0.50 EACH ("PROPOSED PLACEMENT"); AND
(III) PROPOSED EXEMPTION SOUGHT BY GGSB, BPMB AND THE PARTIES ACTING IN CONCERT WITH THEM FROM THE OBLIGATION TO EXTEND A TAKE-OVER OFFER FOR
ALL THE REMAINING SECURITIES NOT ALREADY OWNED BY THEM UNDER PARAGRAPH 16 PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND
MERGERS, 2010 ("PROPOSED EXEMPTION")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Attachments: Global Carriers Bhd.pdf


MAHSING - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company Name: MAH SING GROUP BERHAD
Stock Name: MAHSING
Date Announced: 03/05/2011

Announcement Detail:
Type: Announcement

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

Description: MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")

PROPOSED ACQUISITION OF 4 PARCELS OF CONTIGUOUS PRIME COMMERCIAL FREEHOLD LAND ALONG JALAN AMPANG, KUALA LUMPUR MEASURING APPROXIMATELY 19,041.3 SQUARE METRES (4.7 ACRES) IN TOTAL AREA, THROUGH MAH SING'S WHOLLY-OWNED SUBSIDIARY, OASIS GARDEN DEVELOPMENT SDN BHD FROM AMPANG LEISUREMALL SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM114,905,707.94 OR APPROXIMATELY RM560.63 PER SQUARE FOOT ("PROPOSED ACQUISITION")


FITTERS-WA - Delay in submission of financial statements

Announcement Type: Investor Alert Announcement
Company Name: FITTERS DIVERSIFIED BERHAD
Stock Name: FITTERS-WA
Date Announced: 03/05/2011

Announcement Detail:
Subject: Delay in submission of financial statements

Contents: The Company has failed to submit its annual audited financial statements for the financial year ended 31 December 2010.

Please refer to the Listing Circular dated 3 May 2011.


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