July 7, 2011

Company announcements: DAIMAN, JERNEH, KASSETS, CRESNDO, PUNCAK, SMPC, TAFI, GLBHD

DAIMAN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company Name: DAIMAN DEVELOPMENT BHD
Stock Name: DAIMAN
Date Announced: 07/07/2011

Announcement Detail:
Type: Announcement

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

Description: On behalf of Mr Tay Thiam Song, we wish to inform Bursa that pursuant to Paragraph 14.09 (a) of Bursa Malaysia Listing Requirements, the said director has notified the Company that he had dealt in the Company's securities as set in the table below


JERNEH - Entitlement - Others

Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: JERNEH ASIA BERHAD
Stock Name: JERNEH
Date Announced: 07/07/2011

Announcement Detail:
EX-date: 19/07/2011

Entitlement date: 21/07/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: Final and special dividend:

Minimum cash dividend payout of RM1.87 per share

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: PPB CORPORATE SERVICES SDN BHD
17TH FLOOR WISMA JERNEH
38 JALAN SULTAN ISMAIL
50250 KUALA LUMPUR
TEL : 03-21170888

Payment date: 04/08/2011

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 21/07/2011

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 1.87

Remarks: As at 26 May 2011, being the latest practicable date prior to the printing of the Circular to Shareholders of Jerneh Asia Berhad ("JAB") dated 13 June 2011, the total amount to be distributed pursuant to the cash dividend distribution is between RM460.8 million (assuming all JAB's outstanding warrants 2007/2012 ("Warrants") are unexercised) and RM462.0 million (assuming all outstanding Warrants are exercised).

The minimum cash dividend payout per share based on the assumption that all outstanding Warrants are exercised is RM1.87.

The final gross cash dividend payout per share will be determined and announced on 11 July 2011.


KASSETS - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: KRISASSETS HOLDINGS BERHAD
Stock Name: KASSETS
Date Announced: 07/07/2011

Announcement Detail:
Type: Announcement

Subject: GENERAL MEETINGS
OUTCOME OF MEETING

Description: KRISASSETS HOLDINGS BERHAD ("KRISASSETS" OR "COMPANY")
RESULTS OF EXTRAORDINARY GENERAL MEETING ("EGM") ON THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN MID VALLEY CITY GARDENS SDN BHD BY KRISASSETS FROM IGB CORPORATION BERHAD FOR A CASH CONSIDERATION OF RM215,710,000 ("PROPOSED ACQUISITION")


CRESNDO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: CRESCENDO CORPORATION BERHAD
Stock Name: CRESNDO
Date Announced: 07/07/2011

Announcement Detail:
Date of buy back: 07/07/2011

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 14,500

Minimum price paid for each share purchased ($$): 1.620

Maximum price paid for each share purchased ($$): 1.670

Total consideration paid ($$): 23,946.78

Number of shares purchased retained in treasury (units): 14,500

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

Cumulative net outstanding treasury shares as at to-date (units): 47,500

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 (%): 0.03


PUNCAK - MATERIAL LITIGATION

Announcement Type: General Announcement
Company Name: PUNCAK NIAGA HOLDINGS BERHAD
Stock Name: PUNCAK
Date Announced: 07/07/2011

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATION

Description: PUNCAK NIAGA HOLDINGS BERHAD (416087-U)("PUNCAK" OR THE "COMPANY")
KUALA LUMPUR HIGH COURT WRIT SUMMONS NO: 22NCC-543-2011 KONSORTIUM ABASS SDN BHD ("KONSORTIUM ABASS") VS SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS")("THE SUIT")


PUNCAK - MATERIAL LITIGATION

Announcement Type: General Announcement
Company Name: PUNCAK NIAGA HOLDINGS BERHAD
Stock Name: PUNCAK
Date Announced: 07/07/2011

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATION

Description: PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")
KUALA LUMPUR HIGH COURT CIVIL SUIT NO. D-22NCC-398-2009 SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD ("SPLASH") v SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") (THE "SUIT")


SMPC - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 07/07/2011

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: SMPC CORPORATION BERHAD ("SMPC" OR "COMPANY")
- Proposed Capital Reduction and Consolidation;
- Proposed Rights Issue;
- Proposed Creditor Settlement; and
- Proposed Increase in Authorised Share Capital.

(Collectively referred to as the "Proposals")


TAFI - Change in Boardroom

Announcement Type: Change in Boardroom
Submitting Merchant Bank: -
Company Name: TAFI INDUSTRIES BERHAD
Stock Name: TAFI
Date Announced: 07/07/2011

Announcement Detail:
Date of change: 07/07/2011

Type of change: Appointment

Designation: Alternate Director

Directorate: Non Independent & Non Executive

Name: Kamaruddin Bin Koskani Abdul Hamid

Age: 49

Nationality: Malaysian

Qualifications: Diploma in Planting Industry and Management from the MARA Institute of Technology and a Bachelor Degree in Business Administration from the International Islamic University, Malaysia. Holder of Master of Business Administration from the University Utara Malaysia since 2001.

Working experience and occupation: Joined YP Plantation Holdings Sdn. Bhd. in 1994 and is currently the General Manager.

Directorship of public companies (if any): Kinsteel 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

Remarks: Kamaruddin Bin Koskani Abdul Hamid is the alternate director to Dato' Haji Zainal Rahim Bin Dato' Haji Darus, a Non Independent Non Executive Director of TAFI Industries Berhad.


TAFI - Change in Boardroom

Announcement Type: Change in Boardroom
Submitting Merchant Bank: -
Company Name: TAFI INDUSTRIES BERHAD
Stock Name: TAFI
Date Announced: 07/07/2011

Announcement Detail:
Date of change: 07/07/2011

Type of change: Appointment

Designation: Director

Directorate: Non Independent & Non Executive

Name: Dato' Haji Zainal Rahim Bin Dato' Haji Darus

Age: 63

Nationality: Malaysian

Qualifications: Graduated from University of Malaya with a Bachelor's Degree in Anthropology and Sociology.

Working experience and occupation: Dato' Haji Zainal has over thirty (30) years experience in the public sector and his past posting in the public sector prior to his retirement was as the District Officer of Pekan, Pahang.

Directorship of public companies (if any): NIL

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


GLBHD - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN LAND BERHAD
Stock Name: GLBHD
Date Announced: 07/07/2011

Announcement Detail:
Date of buy back: 07/07/2011

Description of shares purchased: Ordinary Shares

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 57,000

Minimum price paid for each share purchased ($$): 1.190

Maximum price paid for each share purchased ($$): 1.200

Total consideration paid ($$): 68,968.32

Number of shares purchased retained in treasury (units): 4,490,900

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

Cumulative net outstanding treasury shares as at to-date (units): 4,490,900

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.06


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