March 22, 2012

Company announcements: SMPC, SUPERMX-CI, LIPO, MESB, SUNCRN, DAIBOCI, NOMAD, TALIWRK, SPSETIA

SMPC - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: SMPC CORPORATION BHD
Stock Name: SMPC
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: SMPC CORPORATION BHD. ("SMPC" OR "COMPANY")
- Proposed Capital Reduction and Consolidation;
- Proposed Increase in Authorised Share Capital;
- Proposed M&A Amendments;
- Proposed Rights Issue of Shares with Warrants;
- Proposed Rights Issue of ICULS with Warrants;
- Proposed Restricted Issue of Warrants;
- Proposed Creditor Settlement; and
- Proposed Debt Restructuring
(Collectively referred to as the "Proposals")


SUPERMX-CI - SUPERMX-CI- Resumption of Trading

Announcement Type: Listing Circular
Name: SUPERMX-CI: CW SUPERMAX CORPORATION BERHAD (OCBC)
Stock Name: SUPERMX-CI
Date Announced: 22/03/2012

Announcement Detail:
Subject: SUPERMX-CI- Resumption of Trading

Contents: Further to Listing's Circular No. L/Q : 64176 of 2012, kindly be advised that trading in the above securities will resume with effect from 9.00 a.m., Friday, 23 March 2012.

Your attention is drawn to OCBC Bank (Malaysia) Berhad's announcements dated 22 March 2012.


LIPO - LIPO-RESUMPTION OF TRADING

Announcement Type: Listing Circular
Company Name: LIPO CORPORATION BERHAD
Stock Name: LIPO
Date Announced: 22/03/2012

Announcement Detail:
Subject: LIPO-RESUMPTION OF TRADING

Contents: Further to Listing's Circular No. L/Q : 64125 OF 2012, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Friday, 23 March 2012.

Your attention is drawn to the Company's announcement dated 22 March 2012.


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

Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: MESB BERHAD
Stock Name: MESB
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

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

Description: MESB BERHAD ("MESB" OR THE "COMPANY")
Disposal of Maintenance Engineering Sdn Bhd for a total cash consideration of RM4,500,000 ("ME Disposal")


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

Announcement Type: General Announcement
Company Name: SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD
Stock Name: SUNCRN
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

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

Description: Sunchirin Industries (Malaysia) Berhad (the "Company")
- Notification of dealings by Director outside closed period


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: 22/03/2012

Announcement Detail:
Date of buy back: 22/03/2012

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 13,000

Minimum price paid for each share purchased ($$): 2.750

Maximum price paid for each share purchased ($$): 2.770

Total consideration paid ($$): 36,191.76

Number of shares purchased retained in treasury (units): 13,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,212,000

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 (%): 1.6


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

Announcement Type: General Announcement
Company Name: THE NOMAD GROUP BHD
Stock Name: NOMAD
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

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

Description: THE NOMAD GROUP BHD ("THE NOMAD" OR "COMPANY")
PROPOSED ACQUISITION OF VIENTIANE CITY INN HOTEL ("HOTEL") AND THE LAND ("LAND") ON WHICH THE HOTEL IS BUILT (COLLECTIVELY REFERRED TO AS THE "PROPERTY") IN VIENTIANE, LAO PEOPLE'S DEMOCRATIC REPUBLIC ("LAO PDR")

Attachments: TNGB Announcement 22.03.2012.pdf


TALIWRK - General Announcement

Announcement Type: General Announcement
Company Name: TALIWORKS CORPORATION BERHAD
Stock Name: TALIWRK
Date Announced: 22/03/2012

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NM-120316-46096

Subject: TALIWORKS CORPORATION BERHAD ("Taliworks" or "the Company")
- Signing of Joint Venture Agreement between LGB Engineering Sdn. Bhd. (formerly known as L.G.B. Engineering Sdn. Bhd.) ("LGBE") and the Company (hereinafter be referred to individually as "the Party" and collectively as "the Parties" as the context may require) in relation to a project known as "Projek Menaik Taraf Skim Sungai Selangor Fasa 1 Sebagai Projek Mitigasi Kekurangan Bekalan Air di Selangor, Wilayah Persekutuan Kuala Lumpur dan Putrajaya (Package 2: Construction and Completion of Raw Water Pumping Main and Interconnection at Matang Pagar Reservoir)" (hereinafter referred to as the "Project")

Description: We refer to Bursa Malaysia Berhad's letter dated 20 March 2012 (Ref No. NM-120316-46096) on the above matter and the following are the additional information as requested:-

1. The Project is not expected to have any material effect on the net assets per share and gearing of the Company.

2. The value of the Project is RM20.32 million.

3. The Company is to fund its portion of the total costs of the Project from progressive claims made against the employer i.e. the Selangor State Government. Any shortfall in working capital is expected to be funded from internally generated funds. The Company's share of the value of the Project is estimated to be RM9.14 million based on the forty five percent (45%) participation in the joint venture.

4. Mr. Lim Chin Sean, a director and substantial shareholder of the Company is deemed interested in the joint venture by virtue of his indirect shareholdings in LGBE.

Dato' Lim Chee Meng, a substantial shareholder of the Company is deemed interested in the joint venture by virtue of his indirect shareholdings in LGBE.

Save as disclosed above, none of the other directors or major shareholders of the Company has any interest, direct or indirect in the joint venture.

5. The highest percentage ratio applicable to the JVA pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements is 1.69%.

6. The Audit Committee of the Company is of the view that the JVA is in the best interest of the Company, fair, reasonable and on normal commercial terms and not detrimental to the interest of the minority shareholders since the joint venture with LGBE as the lead partner is in line with the requirement of the Project that the lead partner be a "Class A" contractor with Pusat Perkhidmatan Kontraktor (PKK) which requirement Taliworks does not comply.

7. The total amount transacted with LGBE for the preceding twelve (12) months is Nil.

This announcement is dated 22 March 2012.

Query Letter content: We refer to your announcement dated 15 March 2012 in respect of the above
captioned matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-

1. The effect of the Project on Taliworks Corporation Berhad ("Taliworks")
group's net assets per share and gearing.
2. The value of the Works and other ancillary works as necessary for the
completion of the Works as specified under the JVA in relation to the Project .
3. Taliworks' source(s) of funding for its portion of the total costs of the
Works, and the breakdown thereof.
4. Whether persons connected with a director or major shareholder have any
interest, direct or indirect, in the JVA and the nature and extent of their
interests.
5. The highest percentage ratio applicable to the JVA pursuant to paragraph
10.02(g) of the Main Market Listing Requirements.
6. A statement setting out the following:
a) whether the audit committee of Taliworks is of the view that the JVA is:-
i) in the best interest of Taliworks;
ii) fair, reasonable and on normal commercial terms; and
iii) not detrimental to the interest of the minority shareholders,
together with the basis for its views;
b) where the audit committee has sought an independent advice in forming
its views, a statement to that effect; and
c) where the views of the audit committee are different from the opinion of
the independent adviser, if any, the reasons for the difference.


7. The total amount transacted with the same related party for the preceeding
12 months.

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


Yours faithfully


TAN YEW ENG
Head, Issuers
Listing Division
Regulation

TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)


SPSETIA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 22/03/2012

Announcement Detail:
Date of change: 22/03/2012

Name: Ng Soon Lai @ Ng Siek Chuan

Age: 57

Nationality: Malaysian

Type of change: Redesignation

Previous Position: Member of Audit Committee

New Position: Chairman of Audit Committee

Directorate: Independent & Non Executive

Qualifications: Fellow of the Institute of Chartered Accountants in England and Wales

Working experience and occupation: Mr Ng had several years of experience in the accounting profession with Coopers & Lybrand in London and Kuala Lumpur before moving on to the financial sector in 1980. Prior to joining Alliance Bank Malaysia Berhad in July 1991 as General Manager of Credit, he had served in various positions in a leading local merchant bank and a finance company. He was previously the Chief Executive Director of Alliance Bank Malaysia Berhad and a board member of Alliance Merchant Bank Berhad.

Directorship of public companies (if any): Deutsche Bank (M) Berhad
Unico-Desa Plantations Berhad
Hiap Teck Venture Berhad
Oriental Capital Assurance 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

Composition of Audit Committee (Name and Directorate of members after change): i) Mr Ng Soon Lai @ Ng Siek Chuan (Chairman) - Senior Independent Non-Executive Director
ii) Tan Sri Dato' Hari Narayanan a/l Govindasamy (Member) -Independent Non-Executive Director
iii) Dato' Leong Kok Wah (Member) - Independent Non-Executive Director
iv) Datuk Ismail Bin Adam (Member) - Independent Non-Executive Director


SPSETIA - Quarterly rpt on consolidated results for the financial period ended 31/1/2012

Announcement Type: Financial Results
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 22/03/2012

Announcement Detail:
Financial Year End: 31/10/2012

Quarter: 1

Quarterly report for the financial period ended: 31/01/2012

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


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