November 23, 2011

Company announcements: SHCHAN, LEADER, POS, CHINWEL, HUNZPTY, HYTEXIN, HIAPTEK

SHCHAN - General Announcement

Announcement Type: General Announcement
Company Name: SIN HENG CHAN (MALAYA) BERHAD
Stock Name: SHCHAN
Date Announced: 23/11/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-111121-43623

Subject: SIN HENG CHAN (MALAYA) BERHAD ("the Company" or "SHCMB")
-VARIATION TO THE UTILISATION OF PROCEEDS FROM THE PROPOSED DISPOSAL OF 80% EQUITY INTEREST IN SIN HENG CHAN INDUSTRIES SDN BHD ("VARIATION IN UTILISATION OF PROCEEDS")
-PROPOSED ACQUISITION OF THE REMAINING 20% EQUITY INTEREST IN URUN PLANTATIONS SDN BHD ("UPSB") AND ASSAR-TUBAU PLANTATION SDN BHD ("ATPSB") ("PROPOSED ACQUISITION")

Description: SIN HENG CHAN (MALAYA) BERHAD ("the Company" or "SHCMB")
-VARIATION TO THE UTILISATION OF PROCEEDS FROM THE PROPOSED DISPOSAL OF 80% EQUITY INTEREST IN SIN HENG CHAN INDUSTRIES SDN BHD ("VARIATION IN UTILISATION OF PROCEEDS")
-PROPOSED ACQUISITION OF THE REMAINING 20% EQUITY INTEREST IN URUN PLANTATIONS SDN BHD ("UPSB") AND ASSAR-TUBAU PLANTATION SDN BHD ("ATPSB") ("PROPOSED ACQUISITION")

Query Letter content: We refer to the Company's announcements dated 18 November 2011, in respect of
the aforesaid matter.

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

(I) Variation to the utilisation of proceeds from the Proposed Disposal
Quantification of the amount earmarked for the Proposed Acquisition;
The details of the strategic investments/ventures other than the Proposed
Acquisition. If it has not yet been identified, to incorporate a statement on
how the amount allocated will be utilised in the meantime, pending
identification of the investment; and
As stated in the circular to shareholders dated 26 August 2011 pertaining to
the Proposed Disposal, the rationale for the Proposed Disposal is, amongst
others, to focus on palm oil business and to raise additional working capital
for these business. In this regard, to provide further elaboration on the
rationale to vary the proceeds from the Proposed Disposal for other strategic
investments/ventures other than palm oil business, if any.

(II) Proposed Acquisition
The usage for the remaining areas of the UPSB land and ATPSB land;
Production for the past 3 years from the UPSB land and ATPSB land;
The date of valuation of the UPSB land, the method of valuation and to make
available the valuation report for inspection;
Quantification of the net profits of UPSB and ATPSB, and NTA of ATPSB, based on
the latest audited financial statements; and
The prospects of UPSB and ATPSB in light of the Malaysian palm oil industry
outlook.







Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully




HENG TECK HENG
Head, Issuers
Listing Division
Regulation

HTH/IJ

copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)


LEADER - Quarterly rpt on consolidated results for the financial period ended 30/9/2011

Announcement Type: Financial Results
Company Name: LEADER UNIVERSAL HOLDINGS BERHAD
Stock Name: LEADER
Date Announced: 23/11/2011

Announcement Detail:
Financial Year End: 31/12/2011

Quarter: 3

Quarterly report for the financial period ended: 30/09/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


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

Announcement Type: General Announcement
Company Name: LEADER UNIVERSAL HOLDINGS BERHAD
Stock Name: LEADER
Date Announced: 23/11/2011

Announcement Detail:
Type: Announcement

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

Description: We refer to our earlier announcement dated 15 August 2011 on the related party transactions ("RPT") between our 51% owned subsidiary namely Alpha Industries Berhad ("Alpha") and its shareholders viz Messrs Toyota Tsusho Corporation ("Toyota Tsusho") and its subsidiaries, associates and / or affiliates ("the Toyota Tsusho Group") and The Furukawa Electric Co. Ltd ("Furukawa") and its subsidiaries, associates and / or affiliates ("the Furukawa Group") ("the Related Parties").


POS - Change of Financial Year End

Announcement Type: Change of Financial Year End
Company Name: POS MALAYSIA BERHAD
Stock Name: POS
Date Announced: 23/11/2011

Announcement Detail:
Old financial year end: 31/12/2010

New financial year end: 31/03/2012

Remark: The Board of Directors of Pos Malaysia Berhad has approved the change of financial year end of the Group and Company from 31 December to 31 March. The following financial statements will be made up from 1 January 2011 to 31 March 2012 covering a period of 15 months.

Thereafter, the financial year end of Pos Malaysia Berhad shall be 31 March for each subsequent year.


CHINWEL - Quarterly rpt on consolidated results for the financial period ended 30/9/2011

Announcement Type: Financial Results
Company Name: CHIN WELL HOLDINGS BERHAD
Stock Name: CHINWEL
Date Announced: 23/11/2011

Announcement Detail:
Financial Year End: 30/06/2012

Quarter: 1

Quarterly report for the financial period ended: 30/09/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


HUNZPTY - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: HUNZA PROPERTIES BERHAD
Stock Name: HUNZPTY
Date Announced: 23/11/2011

Announcement Detail:
Date of change: 23/11/2011

Type of change: Resignation

Designation: Joint Secretary

License no.: MAICSA 7028438

Name: Kam Poh Tin


HUNZPTY - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: HUNZA PROPERTIES BERHAD
Stock Name: HUNZPTY
Date Announced: 23/11/2011

Announcement Detail:
Date of change: 23/11/2011

Type of change: Appointment

Designation: Joint Secretary

License no.: MAICSA 7019191

Name: CHEW SIEW CHENG


HUNZPTY - Quarterly rpt on consolidated results for the financial period ended 30/9/2011

Announcement Type: Financial Results
Company Name: HUNZA PROPERTIES BERHAD
Stock Name: HUNZPTY
Date Announced: 23/11/2011

Announcement Detail:
Financial Year End: 30/06/2012

Quarter: 1

Quarterly report for the financial period ended: 30/09/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


HYTEXIN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company Name: HYTEX INTEGRATED BERHAD
Stock Name: HYTEXIN
Date Announced: 23/11/2011

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATION

Description: HYTEX INTEGRATED BERHAD ("THE COMPANY" OR HYTEXIN")
- KUALA LUMPUR HIGH COURT SUIT NO. 21NCVC-243-11/2011
THE GOVERNMENT OF MALAYSIA V. WOC BOUTIQUE SDN BHD


HIAPTEK - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING

Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: HIAP TECK VENTURE BERHAD
Stock Name: HIAPTEK
Date Announced: 23/11/2011

Announcement Detail:
Type: Announcement

Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description: HIAP TECK VENTURE BERHAD ("HIAP TECK")
Renounceable rights issue of 354,146,000 new ordinary shares of RM0.50 each in Hiap Teck ("Rights Shares") on the basis of one (1) Rights Share for every one (1) existing ordinary share of RM0.50 each in Hiap Teck ("Hiap Teck Share") held on an entitlement date at an issue price of RM0.50 per Rights Share, together with 88,536,500 free detachable warrants ("Warrants") on the basis of one (1) Warrant for every four (4) Rights Shares subscribed ("Rights Issue with Warrants")


No comments:

Post a Comment