February 24, 2012

Company announcements: MALPAC, CHINWEL, UNICO, GLOMAC, TIMECOM, COASTAL, THPLANT, SOP, TAMBUN

MALPAC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company Name: MALPAC HOLDINGS BERHAD
Stock Name: MALPAC
Date Announced: 24/02/2012

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATION

Description: Malpac Holdings Berhad
Update on Profit Guidance Statement


CHINWEL - Quarterly rpt on consolidated results for the financial period ended 31/12/2011

Announcement Type: Financial Results
Company Name: CHIN WELL HOLDINGS BERHAD
Stock Name: CHINWEL
Date Announced: 24/02/2012

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

Quarter: 2

Quarterly report for the financial period ended: 31/12/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


UNICO - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: UNICO-DESA PLANTATIONS BERHAD
Stock Name: UNICO
Date Announced: 24/02/2012

Announcement Detail:
Date of change: 23/02/2012

Type of change: Resignation

Designation: Secretary

License no.: MAICSA 7045521

Name: Tan Enk Purn

Working experience and occupation during past 5 years: Corporate Secretarial Practice


UNICO - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: UNICO-DESA PLANTATIONS BERHAD
Stock Name: UNICO
Date Announced: 24/02/2012

Announcement Detail:
Date of change: 23/02/2012

Type of change: Appointment

Designation: Secretary

License no.: MAICSA 7018710

Name: Wong Peir Chyun

Working experience and occupation during past 5 years: Corporate Secretarial Practice


GLOMAC - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GLOMAC BERHAD
Stock Name: GLOMAC
Date Announced: 24/02/2012

Announcement Detail:
Date of buy back: 24/02/2012

Description of shares purchased: Ordinary Shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 35,000

Minimum price paid for each share purchased ($$): 0.855

Maximum price paid for each share purchased ($$): 0.860

Total consideration paid ($$): 30,168.19

Number of shares purchased retained in treasury (units): 35,000

Cumulative net outstanding treasury shares as at to-date (units): 38,830,100

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 6.41


TIMECOM - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 24/02/2012

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: TIME DOTCOM BERHAD ("TdC" OR "COMPANY")

(I) PROPOSED ACQUISITIONS BY TdC OF:
(A) 100% EQUITY STAKES IN GLOBAL TRANSIT COMMUNICATIONS SDN BHD ("GTC") FROM PULAU KAPAS VENTURES SDN BHD FOR A PURCHASE CONSIDERATION OF RM102,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 28,732,394 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH;
(B) 100% EQUITY STAKES IN GLOBAL TRANSIT LIMITED ("GTL") FROM MEGAWISRA SDN BHD, HALFMOON BAY CAPITAL LIMITED, ACCURATE GAIN PROFITS LIMITED, CONTINUUM CAPITAL SDN BHD AND NICHOLAS LIM PING FOR A PURCHASE CONSIDERATION OF RM101,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 17,070,421 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM40,400,000;
(C) 100% EQUITY STAKES IN GLOBAL TRANSIT ENTITIES FROM GLOBAL TRANSIT INTERNATIONAL SDN BHD FOR A CASH CONSIDERATION OF RM1.00 EACH; AND
(D) 100% EQUITY STAKES IN AIMS GROUP FROM MEGAWISRA SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM119,000,000 TO BE FULLY SETTLED VIA THE ISSUANCE OF 20,112,676 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM47,600,000,
(COLLECTIVELY, "PROPOSED ACQUISITIONS");

(II) PROPOSED CAPITAL REPAYMENT OF RM50,615,500 REPRESENTING RM0.02 PER EXISTING TdC SHARE TO THE ENTITLED SHAREHOLDERS OF TdC PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 ("PROPOSED CAPITAL REPAYMENT");


(III) PROPOSED CAPITAL RESTRUCTURING COMPRISING:
(A) PROPOSED CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TdC VIA THE CANCELLATION OF RM0.90 OF THE PAR VALUE OF EACH TdC SHARE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED CAPITAL REDUCTION");
(B) PROPOSED SET-OFF OF TdC'S SHARE PREMIUM ACCOUNT AGAINST THE ACCUMULATED LOSSES OF TdC; AND
(C) PROPOSED SHARE CONSOLIDATION OF 2,530,775,000 TdC SHARES OF PAR VALUE OF RM0.10 EACH (AFTER THE PROPOSED CAPITAL REDUCTION) INTO 506,155,000 TdC SHARES OF PAR VALUE OF RM0.50 EACH IN TdC, ON THE BASIS OF FIVE (5) TdC SHARES OF PAR VALUE OF RM0.10 EACH INTO ONE (1) TdC SHARE OF RM0.50 EACH;
(COLLECTIVELY, "PROPOSED CAPITAL RESTRUCTURING");

(IV) PROPOSED EXEMPTION FOR MEGAWISRA SDN BHD ("MEGAWISRA") AND THE PERSONS ACTING IN CONCERT WITH MEGAWISRA (COLLECTIVELY, "PAC GROUP") FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY THEM ARISING UPON COMPLETION OF THE PROPOSED ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("PROPOSED PAC GROUP EXEMPTION");

(V) PROPOSED EXEMPTION FOR MEGAWISRA FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY IT ARISING FROM THE COMPLETION OF THE PROPOSED ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("PROPOSED MEGAWISRA EXEMPTION"),

(THE PROPOSED PAC GROUP EXEMPTION AND THE PROPOSED MEGAWISRA EXEMPTION ARE COLLECTIVELY REFERRED TO AS "PROPOSED EXEMPTIONS"); AND

(VI) PROPOSED AMENDMENT TO TdC'S MEMORANDUM OF ASSOCIATION TO FACILITATE THE PROPOSED ACQUISITIONS, PROPOSED CAPITAL REPAYMENT AND PROPOSED CAPITAL RESTRUCTURING ("PROPOSED AMENDMENT")

(THE PROPOSED ACQUISITIONS, PROPOSED CAPITAL REPAYMENT, PROPOSED CAPITAL RESTRUCTURING, PROPOSED EXEMPTIONS AND PROPOSED AMENDMENT ARE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")


COASTAL - Quarterly rpt on consolidated results for the financial period ended 31/12/2011

Announcement Type: Financial Results
Company Name: COASTAL CONTRACTS BHD
Stock Name: COASTAL
Date Announced: 24/02/2012

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

Quarter: 4

Quarterly report for the financial period ended: 31/12/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


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

Announcement Type: General Announcement
Submitting Merchant Bank: NA
Company Name: TH PLANTATIONS BERHAD
Stock Name: THPLANT
Date Announced: 24/02/2012

Announcement Detail:
Type: Announcement

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

Description: Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, TH Plantations Berhad ("THP" or "the Company") wishes to announce that the below named Principal Officer of THP gives notice of his dealings in the securities of the Company as per table below.


SOP - Quarterly rpt on consolidated results for the financial period ended 31/12/2011

Announcement Type: Financial Results
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 24/02/2012

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

Quarter: 4

Quarterly report for the financial period ended: 31/12/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


TAMBUN - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: TAMBUN INDAH LAND BERHAD
Stock Name: TAMBUN
Date Announced: 24/02/2012

Announcement Detail:
Date of change: 24/02/2012

Name: Lai Fook Hoy

Age: 62

Nationality: Malaysian

Type of change: Appointment

Designation: Director

Directorate: Independent & Non Executive

Qualifications: 1) BSc (Hons) in Metallurgy from University of New South Wales
2) BSc (Econs) (Hons) degree majoring in Accounting and Finance from University of London

Working experience and occupation: Please refer "Remarks" below

Directorship of public companies (if any): -

Family relationship with any director and/or major shareholder of the listed issuer: -

Any conflict of interests that he/she has with the listed issuer: -

Details of any interest in the securities of the listed issuer or its subsidiaries: Direct - 2,192,476

Remarks: Mr. Lai Fook Hoy with more than 38 years of working experience, has broad and in-depth knowledge of technical, operational, financial and commercial aspects of the metals industry. Prior to his retirement in January 2010, he was the Group Chief Operating Officer of Malaysia Smelting Corporation Berhad. He then remained with the group in an advisory capicity till end-2011 as Group Metallurgical Consultant.

Mr. Lai Fook Hoy is a member of the Institute of Materials, Minerals and Mining UK, and a registered Chartered Engineer with the Engineering Council UK. He is also a member of the Institute of Engineers, Malaysia, and a Professional Engineer, registered with the Board of Engineers, Malaysia.

He is currently is a director of Asian Mineral Resources Limited, a mining company listed on Canada's TSX-V and a director of KM Resources Inc. which operates a poly-metalic mining project in the Philippines.


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