MEDIA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: MEDIA PRIMA BERHAD
Stock Name: MEDIA
Date Announced: 01/03/2012
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, Media Prima Berhad ("MPB") wishes to announce that the following Director has transacted dealings in the securities of MPB as set out in the table below.
Submitting Merchant Bank: -
Company Name: MEDIA PRIMA BERHAD
Stock Name: MEDIA
Date Announced: 01/03/2012
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, Media Prima Berhad ("MPB") wishes to announce that the following Director has transacted dealings in the securities of MPB as set out in the table below.
SEB - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SEREMBAN ENGINEERING BERHAD
Stock Name: SEB
Date Announced: 01/03/2012
Announcement Detail:
Date of buy back: 01/03/2012
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 2,000
Minimum price paid for each share purchased ($$): 0.460
Maximum price paid for each share purchased ($$): 0.460
Total consideration paid ($$): 920.00
Number of shares purchased retained in treasury (units): 2,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 156,000
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.195
Company Name: SEREMBAN ENGINEERING BERHAD
Stock Name: SEB
Date Announced: 01/03/2012
Announcement Detail:
Date of buy back: 01/03/2012
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 2,000
Minimum price paid for each share purchased ($$): 0.460
Maximum price paid for each share purchased ($$): 0.460
Total consideration paid ($$): 920.00
Number of shares purchased retained in treasury (units): 2,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 156,000
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 (%): 0.195
KHSB - OTHERS
Announcement Type: General Announcement
Company Name: KUMPULAN HARTANAH SELANGOR BERHAD
Stock Name: KHSB
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" OR "THE COMPANY")
CLARIFICATION ON THE NEWSPAPER ARTICLES PUBLISHED IN:
(i) The STAR dated 15 February 2012, pages 1 and 10 , entitled "Land Poser: Storm Brewing Over 'Loss' Of RM250mil Plot Belonging To Selangor Property Vehicle" and "Illegal Quarry Activities Cited As Reason For Land Forfeiture"
(ii) The STAR dated 22 February 2012, page 2, entitled "Loss of prized land poses more questions than answers"
(iii) The STAR dated 23 February 2012 entitled "MB: It's State Land now"
Company Name: KUMPULAN HARTANAH SELANGOR BERHAD
Stock Name: KHSB
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" OR "THE COMPANY")
CLARIFICATION ON THE NEWSPAPER ARTICLES PUBLISHED IN:
(i) The STAR dated 15 February 2012, pages 1 and 10 , entitled "Land Poser: Storm Brewing Over 'Loss' Of RM250mil Plot Belonging To Selangor Property Vehicle" and "Illegal Quarry Activities Cited As Reason For Land Forfeiture"
(ii) The STAR dated 22 February 2012, page 2, entitled "Loss of prized land poses more questions than answers"
(iii) The STAR dated 23 February 2012 entitled "MB: It's State Land now"
ANNJOO - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Submitting Merchant Bank: Ordinary Shares of RM1.00 each
Company Name: ANN JOO RESOURCES BERHAD
Stock Name: ANNJOO
Date Announced: 01/03/2012
Announcement Detail:
Date of buy back: 01/03/2012
Description of shares purchased: Ordinary Share of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 30,000
Minimum price paid for each share purchased ($$): 2.040
Maximum price paid for each share purchased ($$): 2.040
Total consideration paid ($$): 61,200.00
Number of shares purchased retained in treasury (units): 30,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 21,576,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.13
Submitting Merchant Bank: Ordinary Shares of RM1.00 each
Company Name: ANN JOO RESOURCES BERHAD
Stock Name: ANNJOO
Date Announced: 01/03/2012
Announcement Detail:
Date of buy back: 01/03/2012
Description of shares purchased: Ordinary Share of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 30,000
Minimum price paid for each share purchased ($$): 2.040
Maximum price paid for each share purchased ($$): 2.040
Total consideration paid ($$): 61,200.00
Number of shares purchased retained in treasury (units): 30,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 21,576,500
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 (%): 4.13
AUTOAIR - Change in Principal Officer
Announcement Type: Change in Principal Officer
Company Name: AUTOAIR HOLDINGS BERHAD
Stock Name: AUTOAIR
Date Announced: 01/03/2012
Announcement Detail:
Date of change: 01/03/2012
Name: Simon Lim Peng Hock
Age: 54
Nationality: Malaysian
Type of change: Appointment
Designation: Chief Financial Officer
Qualifications: (1)A.C.A. - Institute of Chartered Accountants, England & Wales (1983)
(2)BA (Hons) Accountancy - City Of London Polytechnic (1979)
(3)Certificate in Marketing - Chartered Institute of Marketing (1991)
(4)Chartered Accountant - Malaysian Institute of Accountants (M.I.A.) (1984)
Working experience and occupation: Mr Simon Lim was appointed as Group Accountant of Autoair Holdings Berhad on 1 March 2012. Prior to this, he was a senior manager in Magna Prima Berhad. He has more than 32 years of working experience in finance and accounting. He held key management position in several private limited and multinational companies where his works covers finance, accounting, tax planning and human resource management.
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer or its subsidiaries: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
Company Name: AUTOAIR HOLDINGS BERHAD
Stock Name: AUTOAIR
Date Announced: 01/03/2012
Announcement Detail:
Date of change: 01/03/2012
Name: Simon Lim Peng Hock
Age: 54
Nationality: Malaysian
Type of change: Appointment
Designation: Chief Financial Officer
Qualifications: (1)A.C.A. - Institute of Chartered Accountants, England & Wales (1983)
(2)BA (Hons) Accountancy - City Of London Polytechnic (1979)
(3)Certificate in Marketing - Chartered Institute of Marketing (1991)
(4)Chartered Accountant - Malaysian Institute of Accountants (M.I.A.) (1984)
Working experience and occupation: Mr Simon Lim was appointed as Group Accountant of Autoair Holdings Berhad on 1 March 2012. Prior to this, he was a senior manager in Magna Prima Berhad. He has more than 32 years of working experience in finance and accounting. He held key management position in several private limited and multinational companies where his works covers finance, accounting, tax planning and human resource management.
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer or its subsidiaries: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
SYF - GENERAL MEETINGS: OUTCOME OF MEETING
Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: SYF RESOURCES BERHAD ("SYF" OR "COMPANY")
(I) PROPOSED JOINT VENTURE BETWEEN SYF DEVELOPMENT SDN BHD (FORMERLY KNOWN AS TWENTY-ONE SJ SDN BHD) ("SYFD" OR "DEVELOPER"), A WHOLLY-OWNED SUB-SUBSIDIARY OF SYF, AND KIARA SUSILA SDN BHD ("KSSB"), CHEE AH KUAN, CHA KIM PANG, CHA NYEN KONG, CHUNG DAI THAI AND LEW KA TEK, TO JOINTLY DEVELOP FOUR (4) PARCELS OF FREEHOLD LAND IDENTIFIED AS LOT NOS. 1329, 1719, 2114 AND 2115, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 38.34 ACRES ("HI TECH LANDS") INTO AN INDUSTRIAL DEVELOPMENT ("PROPOSED HI TECH JOINT VENTURE"); AND
(II) PROPOSED JOINT VENTURE BETWEEN SYFD AND ASTANA BARU SDN BHD ("ASTANA"), A WHOLLY-OWNED SUBSIDIARY OF KSSB, TO JOINTLY DEVELOP FIVE (5) ADJOINING PIECES OF VACANT COMMERCIAL LAND IDENTIFIED AS LOT NOS. PT 25263 TO 25266 AND PT 30291, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 5.02 ACRES ("KIARA PLAZA LANDS") INTO A COMMERCIAL DEVELOPMENT ("PROPOSED KIARA PLAZA JOINT VENTURE") ; AND
(III) PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF SYF AND ITS SUBSIDIARIES ("SYF GROUP" OR "GROUP") TO INCLUDE PROPERTY DEVELOPMENT ("PROPOSED DIVERSIFICATION")
(IV) PROPOSED TERMINATION OF SYF'S EXISTING EMPLOYEES' SHARE OPTION SCHEME ("ESOS");
(V) PROPOSED ESTABLISHMENT OF A NEW ESOS FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE SYF GROUP ("PROPOSED NEW ESOS"); AND
(VI) PROPOSED ALLOCATION OF OPTIONS UNDER THE PROPOSED NEW ESOS TO THE ELIGIBLE DIRECTORS OF SYF AND PERSONS CONNECTED TO THEM
(COLLECTIVELY, THE "PROPOSALS")
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: SYF RESOURCES BERHAD ("SYF" OR "COMPANY")
(I) PROPOSED JOINT VENTURE BETWEEN SYF DEVELOPMENT SDN BHD (FORMERLY KNOWN AS TWENTY-ONE SJ SDN BHD) ("SYFD" OR "DEVELOPER"), A WHOLLY-OWNED SUB-SUBSIDIARY OF SYF, AND KIARA SUSILA SDN BHD ("KSSB"), CHEE AH KUAN, CHA KIM PANG, CHA NYEN KONG, CHUNG DAI THAI AND LEW KA TEK, TO JOINTLY DEVELOP FOUR (4) PARCELS OF FREEHOLD LAND IDENTIFIED AS LOT NOS. 1329, 1719, 2114 AND 2115, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 38.34 ACRES ("HI TECH LANDS") INTO AN INDUSTRIAL DEVELOPMENT ("PROPOSED HI TECH JOINT VENTURE"); AND
(II) PROPOSED JOINT VENTURE BETWEEN SYFD AND ASTANA BARU SDN BHD ("ASTANA"), A WHOLLY-OWNED SUBSIDIARY OF KSSB, TO JOINTLY DEVELOP FIVE (5) ADJOINING PIECES OF VACANT COMMERCIAL LAND IDENTIFIED AS LOT NOS. PT 25263 TO 25266 AND PT 30291, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 5.02 ACRES ("KIARA PLAZA LANDS") INTO A COMMERCIAL DEVELOPMENT ("PROPOSED KIARA PLAZA JOINT VENTURE") ; AND
(III) PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF SYF AND ITS SUBSIDIARIES ("SYF GROUP" OR "GROUP") TO INCLUDE PROPERTY DEVELOPMENT ("PROPOSED DIVERSIFICATION")
(IV) PROPOSED TERMINATION OF SYF'S EXISTING EMPLOYEES' SHARE OPTION SCHEME ("ESOS");
(V) PROPOSED ESTABLISHMENT OF A NEW ESOS FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE SYF GROUP ("PROPOSED NEW ESOS"); AND
(VI) PROPOSED ALLOCATION OF OPTIONS UNDER THE PROPOSED NEW ESOS TO THE ELIGIBLE DIRECTORS OF SYF AND PERSONS CONNECTED TO THEM
(COLLECTIVELY, THE "PROPOSALS")
SYF - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: SYF RESOURCES BERHAD ("SYF" OR "COMPANY")
(I) PROPOSED JOINT VENTURE BETWEEN SYF DEVELOPMENT SDN BHD (FORMERLY KNOWN AS TWENTY-ONE SJ SDN BHD) ("SYFD" OR "DEVELOPER"), A WHOLLY-OWNED SUB-SUBSIDIARY OF SYF, AND KIARA SUSILA SDN BHD ("KSSB"), CHEE AH KUAN, CHA KIM PANG, CHA NYEN KONG, CHUNG DAI THAI AND LEW KA TEK, TO JOINTLY DEVELOP FOUR (4) PARCELS OF FREEHOLD LAND IDENTIFIED AS LOT NOS. 1329, 1719, 2114 AND 2115, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 38.34 ACRES ("HI TECH LANDS") INTO AN INDUSTRIAL DEVELOPMENT ("PROPOSED HI TECH JOINT VENTURE"); AND
(II) PROPOSED JOINT VENTURE BETWEEN SYFD AND ASTANA BARU SDN BHD ("ASTANA"), A WHOLLY-OWNED SUBSIDIARY OF KSSB, TO JOINTLY DEVELOP FIVE (5) ADJOINING PIECES OF VACANT COMMERCIAL LAND IDENTIFIED AS LOT NOS. PT 25263 TO 25266 AND PT 30291, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 5.02 ACRES ("KIARA PLAZA LANDS") INTO A COMMERCIAL DEVELOPMENT ("PROPOSED KIARA PLAZA JOINT VENTURE") ; AND
(III) PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF SYF AND ITS SUBSIDIARIES ("SYF GROUP" OR "GROUP") TO INCLUDE PROPERTY DEVELOPMENT ("PROPOSED DIVERSIFICATION")
(COLLECTIVELY, THE "PROPOSALS")
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: SYF RESOURCES BERHAD ("SYF" OR "COMPANY")
(I) PROPOSED JOINT VENTURE BETWEEN SYF DEVELOPMENT SDN BHD (FORMERLY KNOWN AS TWENTY-ONE SJ SDN BHD) ("SYFD" OR "DEVELOPER"), A WHOLLY-OWNED SUB-SUBSIDIARY OF SYF, AND KIARA SUSILA SDN BHD ("KSSB"), CHEE AH KUAN, CHA KIM PANG, CHA NYEN KONG, CHUNG DAI THAI AND LEW KA TEK, TO JOINTLY DEVELOP FOUR (4) PARCELS OF FREEHOLD LAND IDENTIFIED AS LOT NOS. 1329, 1719, 2114 AND 2115, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 38.34 ACRES ("HI TECH LANDS") INTO AN INDUSTRIAL DEVELOPMENT ("PROPOSED HI TECH JOINT VENTURE"); AND
(II) PROPOSED JOINT VENTURE BETWEEN SYFD AND ASTANA BARU SDN BHD ("ASTANA"), A WHOLLY-OWNED SUBSIDIARY OF KSSB, TO JOINTLY DEVELOP FIVE (5) ADJOINING PIECES OF VACANT COMMERCIAL LAND IDENTIFIED AS LOT NOS. PT 25263 TO 25266 AND PT 30291, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, SELANGOR DARUL EHSAN, MEASURING IN AGGREGATE APPROXIMATELY 5.02 ACRES ("KIARA PLAZA LANDS") INTO A COMMERCIAL DEVELOPMENT ("PROPOSED KIARA PLAZA JOINT VENTURE") ; AND
(III) PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF SYF AND ITS SUBSIDIARIES ("SYF GROUP" OR "GROUP") TO INCLUDE PROPERTY DEVELOPMENT ("PROPOSED DIVERSIFICATION")
(COLLECTIVELY, THE "PROPOSALS")
GEFUNG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON-RELATED PARTY TRANSACTION
Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: GEFUNG HOLDINGS BERHAD
Stock Name: GEFUNG
Date Announced: 01/03/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-120229-51827
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON-RELATED PARTY TRANSACTION
Description: GEFUNG HOLDINGS BERHAD ("GEFUNG" OR "COMPANY")
PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN SHANGHAI GE FUNG MARBLE & GRANITE CO. LTD, A WHOLLY-OWNED SUBSIDIARY OF GEFUNG, TO LIUQUAN GROUP STOCKS LIMITED FOR A CASH CONSIDERATION OF RENMINBI 69 MILLION ("PROPOSED DISPOSAL")
Query Letter content: We refer to the Company's announcement dated 28 February 2012, 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:-
1. The rationale for the Proposed Disposal to exclude the trade and other
receivables, cash and bank balances and trade and other payables of Shanghai Ge
Fung Marble & Granite Co. Ltd ("SGMG") ("Excluded Assets and Liabilities")
2. To tabulate the reconciliation of the net assets of SGMG based on the
unaudited financial statement for the financial year ended for 31 December 2011
of RM34.654 million to the adjusted net assets of RM40.091 million after taking
into account the mark down of SGMG's assets to its recoverable amount, Excluded
Assets and Liabilities, revaluation surplus on SGMG Factory and waiver of
inter-company balances owing to SGMG.
3. The details of the mark down of SGMG's assets to its recoverable amount.
4. As per Appendix II, the difference in the market value of the SGMG Factory
and the net book value based on the unaudited financial statement for the
financial year ended 31 December 2011 is a surplus of approximately RM440,000.
In this regard, to tabulate / elaborate as to how the net revaluation surplus
of RM11.52 million is derived at.
5. Given that the Proposed Disposal excludes the Excluded Assets and
Liabilities, to elaborate further on the term of the Sale and Purchase
Agreement that "any outstanding receivables or payables not settled as at
completion date can be assigned to Gefung Holdings Berhad with the consent of
the Purchaser".
6. To tabulate the proforma net gain of approximately RM3.4 million.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Page 2/-
Yours faithfully
IRWAN JOHARI
Senior Manager, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Gefung Holdings - Reply (Proposed Disposal).pdf
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: GEFUNG HOLDINGS BERHAD
Stock Name: GEFUNG
Date Announced: 01/03/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-120229-51827
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON-RELATED PARTY TRANSACTION
Description: GEFUNG HOLDINGS BERHAD ("GEFUNG" OR "COMPANY")
PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN SHANGHAI GE FUNG MARBLE & GRANITE CO. LTD, A WHOLLY-OWNED SUBSIDIARY OF GEFUNG, TO LIUQUAN GROUP STOCKS LIMITED FOR A CASH CONSIDERATION OF RENMINBI 69 MILLION ("PROPOSED DISPOSAL")
Query Letter content: We refer to the Company's announcement dated 28 February 2012, 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:-
1. The rationale for the Proposed Disposal to exclude the trade and other
receivables, cash and bank balances and trade and other payables of Shanghai Ge
Fung Marble & Granite Co. Ltd ("SGMG") ("Excluded Assets and Liabilities")
2. To tabulate the reconciliation of the net assets of SGMG based on the
unaudited financial statement for the financial year ended for 31 December 2011
of RM34.654 million to the adjusted net assets of RM40.091 million after taking
into account the mark down of SGMG's assets to its recoverable amount, Excluded
Assets and Liabilities, revaluation surplus on SGMG Factory and waiver of
inter-company balances owing to SGMG.
3. The details of the mark down of SGMG's assets to its recoverable amount.
4. As per Appendix II, the difference in the market value of the SGMG Factory
and the net book value based on the unaudited financial statement for the
financial year ended 31 December 2011 is a surplus of approximately RM440,000.
In this regard, to tabulate / elaborate as to how the net revaluation surplus
of RM11.52 million is derived at.
5. Given that the Proposed Disposal excludes the Excluded Assets and
Liabilities, to elaborate further on the term of the Sale and Purchase
Agreement that "any outstanding receivables or payables not settled as at
completion date can be assigned to Gefung Holdings Berhad with the consent of
the Purchaser".
6. To tabulate the proforma net gain of approximately RM3.4 million.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Page 2/-
Yours faithfully
IRWAN JOHARI
Senior Manager, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Gefung Holdings - Reply (Proposed Disposal).pdf
SILVER - OTHERS
Announcement Type: General Announcement
Company Name: SILVER BIRD GROUP BERHAD
Stock Name: SILVER
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SILVER BIRD GROUP BERHAD ("SBGB" OR "THE COMPANY")
CLARIFICATION TO THE ANNOUNCEMENT MADE ON THE DELAY IN ISSUANCE OF THE ANNUAL AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2011
Company Name: SILVER BIRD GROUP BERHAD
Stock Name: SILVER
Date Announced: 01/03/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SILVER BIRD GROUP BERHAD ("SBGB" OR "THE COMPANY")
CLARIFICATION TO THE ANNOUNCEMENT MADE ON THE DELAY IN ISSUANCE OF THE ANNUAL AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2011
MESB - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
Company Name: MESB BERHAD
Stock Name: MESB
Date Announced: 01/03/2012
Announcement Detail:
Date of change: 01/03/2012
Type of change: Resignation
Designation: Secretary
License no.: MAICSA 7000281
Name: Lim Ming Toong
Company Name: MESB BERHAD
Stock Name: MESB
Date Announced: 01/03/2012
Announcement Detail:
Date of change: 01/03/2012
Type of change: Resignation
Designation: Secretary
License no.: MAICSA 7000281
Name: Lim Ming Toong
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