ARMADA - OTHERS
Announcement Type: General Announcement
Company Name: BUMI ARMADA BERHAD
Stock Name: ARMADA
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: BUMI ARMADA BERHAD
- SUBSCRIPTION OF EQUITY INTEREST IN ARMADA C7 PTE LTD
Company Name: BUMI ARMADA BERHAD
Stock Name: ARMADA
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: BUMI ARMADA BERHAD
- SUBSCRIPTION OF EQUITY INTEREST IN ARMADA C7 PTE LTD
PARKSON - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: PARKSON HOLDINGS BERHAD
Stock Name: PARKSON
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: PARKSON HOLDINGS BERHAD ("PHB")
PROPOSED LISTING OF PARKSON RETAIL ASIA LIMITED ("PARKSON ASIA") ON THE MAIN BOARD OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ("SGX-ST")
Attachments: Balloting Results.pdf
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: PARKSON HOLDINGS BERHAD
Stock Name: PARKSON
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: PARKSON HOLDINGS BERHAD ("PHB")
PROPOSED LISTING OF PARKSON RETAIL ASIA LIMITED ("PARKSON ASIA") ON THE MAIN BOARD OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ("SGX-ST")
Attachments: Balloting Results.pdf
PETONE - Change in Audit Committee (Amended Announcement)
Announcement Type: Change in Audit Committee
Company Name: PETROL ONE RESOURCES BERHAD
Stock Name: PETONE
Date Announced: 02/11/2011
Announcement Detail:
Date of change: 31/10/2011
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Peter Thomas Phelan
Age: 62
Nationality: British
Qualifications: 1. MBA, Magna Cum Laude, Amhurst University, USA (sabbatical)
2. MBA, International Finance, Manchester Business School, England
3. BDip (Masters), History of English Art, Cambridge University, England
4. BA, English, Manchester University, England
Working experience and occupation: 1. North Shore Capital - Principal, Corporate Finance Boutique (2010 to Present)
2. Skylight Capital (formerly a division of PCS (UK)), London - Managing Director (2002 - 2010)
3. Espirito Santo Latin Management - Joint Managing Director (1996 - 2002)
4. Banque Credit Agricole (Derivatives), London - Director and Head of Asset Management Division (1994 - 1996)
5. Machado Asset Management (sub of Machado Holdings, New York) - Managing Director (1992 - 1994)
6. GNI (a member of the Gerrard & National Banking Group) - Associate Director (1985 - 1992)
7. Computer programmer, system analysis work primarily in the market research industry and stock broking house Scimgeour Vickers, London (Prior to 1985)
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
Composition of Audit Committee (Name and Directorate of members after change): 1. Jason Minos Anak Peter (Non-Independent Non-Executive Director) and member of Audit Committee
2. Peter Thomas Phelan (Independent Non-Executive Director) and member of Audit Committee
Remarks: Peter Thomas Phelan's directorate should read as " Independent Non-Executive Director" instead of "Non- Independent Non-Executive Director".
Company Name: PETROL ONE RESOURCES BERHAD
Stock Name: PETONE
Date Announced: 02/11/2011
Announcement Detail:
Date of change: 31/10/2011
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Peter Thomas Phelan
Age: 62
Nationality: British
Qualifications: 1. MBA, Magna Cum Laude, Amhurst University, USA (sabbatical)
2. MBA, International Finance, Manchester Business School, England
3. BDip (Masters), History of English Art, Cambridge University, England
4. BA, English, Manchester University, England
Working experience and occupation: 1. North Shore Capital - Principal, Corporate Finance Boutique (2010 to Present)
2. Skylight Capital (formerly a division of PCS (UK)), London - Managing Director (2002 - 2010)
3. Espirito Santo Latin Management - Joint Managing Director (1996 - 2002)
4. Banque Credit Agricole (Derivatives), London - Director and Head of Asset Management Division (1994 - 1996)
5. Machado Asset Management (sub of Machado Holdings, New York) - Managing Director (1992 - 1994)
6. GNI (a member of the Gerrard & National Banking Group) - Associate Director (1985 - 1992)
7. Computer programmer, system analysis work primarily in the market research industry and stock broking house Scimgeour Vickers, London (Prior to 1985)
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
Composition of Audit Committee (Name and Directorate of members after change): 1. Jason Minos Anak Peter (Non-Independent Non-Executive Director) and member of Audit Committee
2. Peter Thomas Phelan (Independent Non-Executive Director) and member of Audit Committee
Remarks: Peter Thomas Phelan's directorate should read as " Independent Non-Executive Director" instead of "Non- Independent Non-Executive Director".
KBB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS DURING CLOSED PERIOD
Announcement Type: General Announcement
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description: Notification of dealings by Director in the securities of KBB Resources Berhad ("KBB" or "the Company") during closed period.
Company Name: KBB RESOURCES BERHAD
Stock Name: KBB
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description: Notification of dealings by Director in the securities of KBB Resources Berhad ("KBB" or "the Company") during closed period.
AHB - GENERAL MEETINGS: NOTICE OF MEETING
Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: AHB HOLDINGS BERHAD
Stock Name: AHB
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
NOTICE OF MEETING
Description: NOTICE OF EIGHTEENTH ANNUAL GENERAL MEETING ("18th AGM")
Attachments: 2011 AGM Notice.pdf
Submitting Merchant Bank: -
Company Name: AHB HOLDINGS BERHAD
Stock Name: AHB
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
NOTICE OF MEETING
Description: NOTICE OF EIGHTEENTH ANNUAL GENERAL MEETING ("18th AGM")
Attachments: 2011 AGM Notice.pdf
VINTAGE - PRACTICE NOTE 17 / GUIDANCE NOTE 3: REGULARISATION PLAN
Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: VTI VINTAGE BERHAD
Stock Name: VINTAGE
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description: VTI VINTAGE BERHAD ("VVB" OR THE "COMPANY")
REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ENTAILING THE FOLLOWING PROPOSALS:-
(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED SHARE CONSOLIDATION;
(III) PROPOSED M&A AMENDMENTS;
(IV) PROPOSED PRIVATE PLACEMENT;
(V) PROPOSED RIGHTS ISSUE;
(VI) PROPOSED DEBT SETTLEMENT; AND
(VII) PROPOSED SET-OFF
(COLLECTIVELY, THE "PROPOSALS")
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: VTI VINTAGE BERHAD
Stock Name: VINTAGE
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description: VTI VINTAGE BERHAD ("VVB" OR THE "COMPANY")
REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ENTAILING THE FOLLOWING PROPOSALS:-
(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED SHARE CONSOLIDATION;
(III) PROPOSED M&A AMENDMENTS;
(IV) PROPOSED PRIVATE PLACEMENT;
(V) PROPOSED RIGHTS ISSUE;
(VI) PROPOSED DEBT SETTLEMENT; AND
(VII) PROPOSED SET-OFF
(COLLECTIVELY, THE "PROPOSALS")
DAIBOCI - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 02/11/2011
Announcement Detail:
Date of buy back: 02/11/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 4,000
Minimum price paid for each share purchased ($$): 2.600
Maximum price paid for each share purchased ($$): 2.600
Total consideration paid ($$): 10,476.52
Number of shares purchased retained in treasury (units): 4,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,155,300
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.52
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 02/11/2011
Announcement Detail:
Date of buy back: 02/11/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 4,000
Minimum price paid for each share purchased ($$): 2.600
Maximum price paid for each share purchased ($$): 2.600
Total consideration paid ($$): 10,476.52
Number of shares purchased retained in treasury (units): 4,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,155,300
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 (%): 1.52
LBICAP - General Announcement
Announcement Type: General Announcement
Company Name: LBI CAPITAL BERHAD
Stock Name: LBICAP
Date Announced: 02/11/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-111101-59739
Subject: Proposed Acquisition of land from LBS Bina Holdings Sdn. Bhd. for a cash consideration of RM13,760,604-00 ("Proposed Acquisition")
Description: Further to the Company's announcement on 28 October 2011 on the Proposed Acquisition of land from LBS Bina Holdings Sdn. Bhd. for a consideration of RM13,760,604-00 ("Proposed Acquisition") and the letter from Bursa Securities dated 1 November 2011, the Company hereby announce that:-
1: The consideration was arrived based on "willing buyer and willing seller basis". Internally, the purchase consideration is based on our own feasibility studies on the development project.
2: Lease of the said land expiring 5 Feb. 2094
3: We have not conducted any valuation on the said land . However we would conduct a valuation later for financing purposes.
4: The highest percentage ratio is 18.98% which in respect of the cost of investment against the net tangible asset.
5: The planning approval for the said land is for 157 units of double storey terrace houses. Subject to the relevantauthorities approval, we expect to commence development on the said land by the fourth quarter of 2012. We are not able to accurately estimate the development cost and profit at this juncture as we are still exploring various options in enhancing the development profit.
6: The net book value of the said land was not made available to us.
7: The said land is not encumbered.
8: There is no liability or any contingent liability to be assumed by the Company except for the purchase consideration.
9: Assuming that the Company fund the acquisition via a bank borrowing at the margin of finance of 70% of the acquisition cost, the gearing of the Group would be increased from 21 % to 34% based on the financial position as at 30 June 2011.
10: The proposed acquisition if not subject to the approval of the relevant government authorities approval if the parcel of the said land still under master titles. However, if before the completion of the acquisition, the said land has been sub-divided into 157 individual titles, then the state consent for the transfer is required which will normally take about one to two months.
Query Letter content: We refer to your Company's announcement dated 28 October 2011 in respect of the
aforesaid matter
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1. The justification for the purchase consideration;
2. The exact expiry date for the lease of the land;
3. Whether there is any valuation conducted on the land, if so, the following :-
(i) Name of the independent registered valuer;
(ii) Date and method of valuation;
(iii) Quantification of market value;
(iv) Time and place where the valuation report may be inspected;
4. The highest percentage ratio applicable to the Proposed Acquisition pursuant
to a paragraph 10.02(g) of the Main Market Listing Requirements ("LR");
5. Information as per item 4, Part C, Appendix 10A of the LR, where applicable,
or an appropriate negative statement;
6. Net book value of the land based on latest audited financial statements, or
an appropriate negative statement;
7. Encumbrances on the land, if any;
8. Particulars of all liabilities, including contingent liabilities and
guarantees to be assumed by the Company, arising from the Proposed Acquisition;
9. The effect of the Proposed Acquisition on the Company's gearing; and
10. Whether the Proposed Acquisition is subject to the approval of the relevant
government authorities, and the estimated time frame for submission of the
application to the relevant authorities.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
MARZUKI MAIDIN
Senior Manager, Issuers
Listing Division
Regulation
RSA/SLSH
Copy to: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Company Name: LBI CAPITAL BERHAD
Stock Name: LBICAP
Date Announced: 02/11/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-111101-59739
Subject: Proposed Acquisition of land from LBS Bina Holdings Sdn. Bhd. for a cash consideration of RM13,760,604-00 ("Proposed Acquisition")
Description: Further to the Company's announcement on 28 October 2011 on the Proposed Acquisition of land from LBS Bina Holdings Sdn. Bhd. for a consideration of RM13,760,604-00 ("Proposed Acquisition") and the letter from Bursa Securities dated 1 November 2011, the Company hereby announce that:-
1: The consideration was arrived based on "willing buyer and willing seller basis". Internally, the purchase consideration is based on our own feasibility studies on the development project.
2: Lease of the said land expiring 5 Feb. 2094
3: We have not conducted any valuation on the said land . However we would conduct a valuation later for financing purposes.
4: The highest percentage ratio is 18.98% which in respect of the cost of investment against the net tangible asset.
5: The planning approval for the said land is for 157 units of double storey terrace houses. Subject to the relevantauthorities approval, we expect to commence development on the said land by the fourth quarter of 2012. We are not able to accurately estimate the development cost and profit at this juncture as we are still exploring various options in enhancing the development profit.
6: The net book value of the said land was not made available to us.
7: The said land is not encumbered.
8: There is no liability or any contingent liability to be assumed by the Company except for the purchase consideration.
9: Assuming that the Company fund the acquisition via a bank borrowing at the margin of finance of 70% of the acquisition cost, the gearing of the Group would be increased from 21 % to 34% based on the financial position as at 30 June 2011.
10: The proposed acquisition if not subject to the approval of the relevant government authorities approval if the parcel of the said land still under master titles. However, if before the completion of the acquisition, the said land has been sub-divided into 157 individual titles, then the state consent for the transfer is required which will normally take about one to two months.
Query Letter content: We refer to your Company's announcement dated 28 October 2011 in respect of the
aforesaid matter
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1. The justification for the purchase consideration;
2. The exact expiry date for the lease of the land;
3. Whether there is any valuation conducted on the land, if so, the following :-
(i) Name of the independent registered valuer;
(ii) Date and method of valuation;
(iii) Quantification of market value;
(iv) Time and place where the valuation report may be inspected;
4. The highest percentage ratio applicable to the Proposed Acquisition pursuant
to a paragraph 10.02(g) of the Main Market Listing Requirements ("LR");
5. Information as per item 4, Part C, Appendix 10A of the LR, where applicable,
or an appropriate negative statement;
6. Net book value of the land based on latest audited financial statements, or
an appropriate negative statement;
7. Encumbrances on the land, if any;
8. Particulars of all liabilities, including contingent liabilities and
guarantees to be assumed by the Company, arising from the Proposed Acquisition;
9. The effect of the Proposed Acquisition on the Company's gearing; and
10. Whether the Proposed Acquisition is subject to the approval of the relevant
government authorities, and the estimated time frame for submission of the
application to the relevant authorities.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
MARZUKI MAIDIN
Senior Manager, Issuers
Listing Division
Regulation
RSA/SLSH
Copy to: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
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: 02/11/2011
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 JOINT DEVELOPMENT OF A PARCEL OF PRIME LAND ALONG JALAN TUN RAZAK, KUALA LUMPUR MEASURING APPROXIMATELY 4.08 ACRES (WHICH FORMS PART OF THE APPROXIMATELY RM9 BILLION 58-ACRE RIVERSIDE URBAN REGENERATION PROJECT), BY MAH SING'S WHOLLY-OWNED SUBSIDIARY, GRAND PAVILION DEVELOPMENT SDN BHD WITH ASIE SDN BHD AND USAHA NUSANTARA SDN BHD
Company Name: MAH SING GROUP BERHAD
Stock Name: MAHSING
Date Announced: 02/11/2011
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 JOINT DEVELOPMENT OF A PARCEL OF PRIME LAND ALONG JALAN TUN RAZAK, KUALA LUMPUR MEASURING APPROXIMATELY 4.08 ACRES (WHICH FORMS PART OF THE APPROXIMATELY RM9 BILLION 58-ACRE RIVERSIDE URBAN REGENERATION PROJECT), BY MAH SING'S WHOLLY-OWNED SUBSIDIARY, GRAND PAVILION DEVELOPMENT SDN BHD WITH ASIE SDN BHD AND USAHA NUSANTARA SDN BHD
SPSETIA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: S P SETIA BERHAD ("S P SETIA" or "THE COMPANY")
DEVELOPMENT AGREEMENT ENTERED INTO BY AEROPOD SDN BHD AND THE STATE GOVERNMENT OF SABAH FOR THE PROPOSED DEVELOPMENT OF A PIECE OF LAND MEASURING APPROXIMATELY 59.21 ACRES IN TANJUNG ARU, KOTA KINABALU, SABAH
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 02/11/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: S P SETIA BERHAD ("S P SETIA" or "THE COMPANY")
DEVELOPMENT AGREEMENT ENTERED INTO BY AEROPOD SDN BHD AND THE STATE GOVERNMENT OF SABAH FOR THE PROPOSED DEVELOPMENT OF A PIECE OF LAND MEASURING APPROXIMATELY 59.21 ACRES IN TANJUNG ARU, KOTA KINABALU, SABAH
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