June 2, 2011

Company announcements: EDUSPEC, E&O, ARK, AKN, FAVCO, QSR, SAAG, SEG, LSTEEL

EDUSPEC - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: EDUSPEC HOLDINGS BERHAD (ACE Market)
Stock Name: EDUSPEC
Date Announced: 02/06/2011

Announcement Detail:
Regularisation Sponsor: AmInvestment Bank Bhd

Sponsor: Same as above

Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: EDUSPEC HOLDINGS BERHAD ("EHB" OR "COMPANY")

- PROPOSED ACQUISITION OF THE REMAINING APPROXIMATELY 22.22% OF THE EQUITY INTEREST IN EDUSPEC SDN BHD FROM SUMMIT EARLY CHILDHOOD EDU-CARE SDN BHD
- PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME
(COLLECTIVELY, "PROPOSALS")

Attachments: EHB - FINAL.pdf


E&O - E&O-EMPLOYEES SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: EASTERN & ORIENTAL BERHAD
Stock Name: E&O
Date Announced: 02/06/2011

Announcement Detail:
Subject: E&O-EMPLOYEES SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 81,000 new stock units of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 6 June 2011.


ARK - PRACTICE NOTE 17 / GUIDANCE NOTE 3: OTHERS

Announcement Type: General Announcement
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 02/06/2011

Announcement Detail:
Type: Announcement

Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS

Description: ARK RESOURCES BERHAD ("ARK" OR THE "COMPANY")
- CAPITAL REDUCTION
- RESTRUCTURING OF DEBTS
- RIGHTS ISSUE
- PLACEMENT
(COLLECTIVELY KNOWN AS THE "CORPORATE RESTRUCTURING")

We wish to highlight that the Corporate Restructuring which was approved by the Securities Commission on 30 April 2007 and 28 February 2008 (where subsequent approvals for the last extension of time for the implementation of the Corporate Restructuring being obtained on 11 March 2011) and at an extraordinary general meeting on 28 February 2008, comprises the following:-

(i) the restructuring of debts of the scheme companies which entails (i) cash payment and (ii) the issuance of up to RM11,034,536 redeemable convertible secured loan stocks ("RCSLS") to the scheme creditors of the relevant scheme companies to settle their scheme amounts which have been approved by the scheme creditors on 21 December 2006, 22 December 2006 and 21 December 2007 ("Restructuring of Debts"). The Restructuring of Debts is pending only the issuance of the RCSLS on 30 June 2011;

(ii) the capital reduction of the issued and paid-up share capital of ARK under the Companies Act, 1965 involving the cancelation of RM0.50 of the par value of each then existing issued and fully paid-up share capital of ARK of RM1.00 each and thereafter a capital consolidation on the basis of two (2) ordinary shares of RM0.50 each into one (1) ordinary share of RM1.00 each ("Shares") where the credit arising there from together with the share premium account will be utilised to reduce the accumulated losses of ARK. ("Capital Reduction"). The Capital Reduction has been completed on 1 June 2011, being the books closure date for the Capital Reduction;

(iii) the renounceable rights issue of 15, 475,725 new Shares ("Rights Shares") on the basis of three (3) Rights Shares for every four (4) existing Shares held after the Capital Reduction by the entitled shareholders together with 15,475,725 free detachable free warrants on the basis of one (1) detachable warrant ("Warrant") for every one (1) new Rights Share subscribed at an issue price of RM1.00 per Rights Share ("Rights Issue"). The Warrant may be exercised at any time within a period of ten (10) years commencing on and including the date of issue of the Warrant for one (1) new Share at the exercise price of RM1.00 per Warrant. The entitlement date for the Rights Issue is 1 June 2011. The Abridged Prospectus for the Rights Issue has been issued on 1 June 2011 ("AP") for which a copy will be received by the entitled shareholders in due course.

The important relevant dates for the Rights Issue are as follows:-

Last day and time for sale of provisional allotment of Rights Shares with Warrants 8 June 2011 at 5.00 p.m.

Last day and time for transfer of provisional allotment of Rights Shares with Warrants 13 June 2011 at 4.00 p.m.

Last day and time for acceptance and payment for the Rights Issue 16 June 2011 at 5.00 p.m.

We wish to highlight that the principal activity of ARK before and after the completion of Corporate Restructuring remained the same, which is principally engaged in investment holding and provision of management services whilst its subsidiaries are mainly involved in property development and investment, civil engineering and building construction works, turnkey construction, mechanical and electrical contractor. The key business areas of ARK and its subsidiaries include engineering and construction, and property development. However, engineering and construction division shall remain as the main contributor to the group's business. Please refer to Section 7.3 of the AP for the future plans and prospects of the group.

Upon completion of the Corporate Restructuring, ARK shall submit an application to the Bursa Malaysia Securities Berhad to seek for an upliftment from being classified as a PN17 company.



This announcement is dated 2 June 2011.


AKN - DELISTING OF SECURITIES

Announcement Type: General Announcement
Company Name: AKN TECHNOLOGY BHD
Stock Name: AKN
Date Announced: 02/06/2011

Announcement Detail:
Type: Announcement

Subject: DELISTING OF SECURITIES

Description: AKN TECHNOLOGY BHD ("AKN" OR "THE COMPANY")
APPEAL AGAINST DE-LISTING PURSUANT TO PARAGRAPH 8.14C(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LR") READ TOGETHER WITH PARAGRAPH 4.1 OF PRACTICE NOTE NO. 29 OF THE MAIN MARKET LISTING REQUIREMENTS ("MAIN MARKET LR")


FAVCO - FAVCO-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: FAVELLE FAVCO BERHAD
Stock Name: FAVCO
Date Announced: 02/06/2011

Announcement Detail:
Subject: FAVCO-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovenamed Company's additional 310,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 6 June 2011.


QSR - QSR-EXERCISE OF 36,000 WARRANTS 2008/2013 ("EXERCISE")

Announcement Type: Listing Circular
Company Name: QSR BRANDS BHD
Stock Name: QSR
Date Announced: 02/06/2011

Announcement Detail:
Subject: QSR-EXERCISE OF 36,000 WARRANTS 2008/2013 ("EXERCISE")

Contents: Kindly be advised that the abovementioned Company's additional 36,000 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Monday, 6 June 2011.


SAAG - OTHERS

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 02/06/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: SAAG Consolidated (M) Bhd ("SAAG" or "the Company")
-Article entitled "Develop 4 star hotel and condominium" (translated into English by the Company) in Nanyang Siang Pau on 2 June 2011


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

Announcement Type: General Announcement
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 02/06/2011

Announcement Detail:
Type: Announcement

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

Description: Proposed disposal of 1,000,000 ordinary shares in Eduspec Sdn Bhd


LSTEEL - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Announcement
Company Name: LEADER STEEL HOLDINGS BERHAD
Stock Name: LSTEEL
Date Announced: 02/06/2011

Announcement Detail:
Type: Announcement

Subject: GENERAL MEETINGS
NOTICE OF MEETING

Description: NOTICE OF EIGHTEENTH ANNUAL GENERAL MEETING

Attachments: Notice AGM 11.pdf


LSTEEL - First and Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: LEADER STEEL HOLDINGS BERHAD
Stock Name: LSTEEL
Date Announced: 02/06/2011

Announcement Detail:
EX-date: 10/08/2011

Entitlement date: 12/08/2011

Entitlement time: 05:00:00 PM

Entitlement subject: First and Final Dividend

Entitlement description: First and Final Dividend of 2.5 sen per share less 25% tax

Period of interest payment: to

Financial Year End: 31/12/2010

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: AGRITEUM Share Registration Services Sdn. Bhd.
2nd Floor, Wisma Penang Garden
42 Jalan Sultan Ahmad Shah
10050 Penang
Tel:04-2282321

Payment date: 08/09/2011

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 12/08/2011

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.025

Remarks: This First and Final Dividend is subject to shareholders' approval at the forthcoming Annual General Meeting.


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