April 5, 2012

Company announcements: SMARTAG, IGB, KULIM, MPHB, LUSTER, APEX, SOP, TAMBUN, MSM

SMARTAG - OTHERS

Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: SMARTAG SOLUTIONS BERHAD (ACE Market)
Stock Name: SMARTAG
Date Announced: 05/04/2012

Announcement Detail:
Admission Sponsor: Kenanga Investment Bank Bhd

Sponsor: Same as above

Type: Announcement

Subject: OTHERS

Description: SMARTAG SOLUTIONS BERHAD ("SMARTAG" OR "THE COMPANY")

LETTER RECEIVED FROM MULTIMEDIA DEVELOPMENT CORPORATION SDN BHD BY SMARTAG FOR IMPLEMENTATION OF PROJECT UNDER DIGITAL MALAYSIA IN RELATION TO "ESTABLISHING A TRUSTED MOBILE DIGITAL WALLET SYSTEM"

Attachments: SMARTAG SOLUTIONS BERHAD - DIGITAL MALAYSIA.doc


IGB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: IGB CORPORATION BERHAD
Stock Name: IGB
Date Announced: 05/04/2012

Announcement Detail:
Date of buy back: 05/04/2012

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 213,100

Minimum price paid for each share purchased ($$): 2.720

Maximum price paid for each share purchased ($$): 2.730

Total consideration paid ($$): 583,752.40

Number of shares purchased retained in treasury (units): 213,100

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

Cumulative net outstanding treasury shares as at to-date (units): 32,033,167

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 (%): 2.15


KULIM - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company Name: KULIM (MALAYSIA) BERHAD
Stock Name: KULIM
Date Announced: 05/04/2012

Announcement Detail:
Type: Announcement

Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Description: STATISTICAL DATA FOR THE MONTH OF MARCH 2012

Attachments: Kulim Crop Stat March 2012.pdf


MPHB - OTHERS

Announcement Type: General Announcement
Company Name: MULTI-PURPOSE HOLDINGS BERHAD
Stock Name: MPHB
Date Announced: 05/04/2012

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: MULTI-PURPOSE HOLDINGS BERHAD ("MPHB" OR "THE COMPANY")
a) PROPOSED AUTHORITY FOR THE PURCHASE BY THE COMPANY OF ITS OWN SHARES
b) PROPOSED AMENDMENTS TO THE COMPANY'S ARTICLES OF ASSOCIATION


LUSTER - PRACTICE NOTE 17 / GUIDANCE NOTE 3: REGULARISATION PLAN

Announcement Type: General Announcement
Submitting Merchant Bank: ECM LIBRA INVESTMENT BANK BERHAD
Company Name: LUSTER INDUSTRIES BHD.
Stock Name: LUSTER
Date Announced: 05/04/2012

Announcement Detail:
Type: Announcement

Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN

Description: LUSTER INDUSTRIES BHD ("LIB" OR "COMPANY")
Proposed Revised Regularisation Plan


APEX - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company Name: APEX EQUITY HOLDINGS BERHAD
Stock Name: APEX
Date Announced: 05/04/2012

Announcement Detail:
Type: Announcement

Subject: PROVISION OF FINANCIAL ASSISTANCE

Description: Provision of Financial Assistance Pursuant to Paragraph 8.23(1)(ii), 8.23(2)(e) and Practice Note. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad

Attachments: 31-03-2012.xls


SOP - General Announcement

Announcement Type: General Announcement
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 05/04/2012

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD

Description: We wish to inform that Wong Hee Kwong (name of the principal officer) has given notice of his intention to deal in the securities of Sarawak Oil Palms Berhad ("SOPB") during the closed period prior to the target date of announcement of SOPB's unaudited results for the first quarter ended 31 March 2012.

The details of Wong Hee Kwong's interest in the shares of the company are set out as follows:-
Direct Interest 414,400 ordinary shares of RM1.00 each
% of issued capital capital : Negligible

This announcement is dated 05 April 2012.


SOP - General Announcement

Announcement Type: General Announcement
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 05/04/2012

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD

Description: We wish to inform that Eric Kiu Kwong Seng (name of the principal officer) has given notice of his intention to deal in the securities of Sarawak Oil Palms Berhad ("SOPB") during the closed period prior to the target date of announcement of SOPB's unaudited results for the first quarter ended 31 March 2012.

The details of Eric Kiu Kwong Seng's interest in the shares of the company are set out as follows:-
Direct Interest 108,916 ordinary shares of RM1.00 each
% of issued capital capital : Negligible

This announcement is dated 05 April 2012.


TAMBUN - General Announcement

Announcement Type: General Announcement
Company Name: TAMBUN INDAH LAND BERHAD
Stock Name: TAMBUN
Date Announced: 05/04/2012

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NE-120404-40077

Subject: REPLY TO QUERY IN RELATION TO THE JOINT VENTURE DEVELOPMENT BETWEEN PERQUEST SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TAMBUN INDAH LAND BERHAD AND LANDOWNER

Description: We refer to Bursa Malaysia Securities Berhad's letter dated 04 April 2012 in relation to our announcement dated 02 April 2012 on joint venture development between Perquest Sdn Bhd ("Perquest"), a wholly-owned subsidiary of Tambun Indah Land Berhad ("TAMBUN INDAH" or "the Company") and the Landowners and pleased to furnish the following additional information :-

1. Particular of all liabilities, including contingent liabilities and guarantees to be assumed by TAMBUN INDAH, arising from the Joint Venture

Perquest will provide a Bankers' Guarantee of RM6.0 million in favour of the Landowner to guarantee that in the event Perquest fails to deliver the sub-parcels comprising 3 units of shop lots and 27 units of apartments ("Landowner's Units") to the Landowner in accordance with the terms of the Joint Venture Agreement dated 02 April 2012.

Save as disclosed, there are no other contingent liabilities known to be incurred by TAMBUN INDAH, which upon becoming enforceable may have any material adverse impact on the financial results or position of TAMBUN INDAH.


2. Justification for the Consideration

The consideration had been negotiated based on the gross development value ("GDV") of the proposed development amounting to RM37.5 million against the Landowner's Units of RM9.76 million after negotiated on arm's length which arrives at approximately 21% of the total GDV of RM47.26 million (include Landowner's Units), which is good after considering the growing demand for properties in the surrounding area, experienced by the Group on its four on-going projects and 3 completed projects in the surrounding area.


3. Whether any valuation was carried was carried out on the JV Land; if so, the name of the independent registered valuer, date and method of valuation and quantification of the market value

No valuation was carried out on the JV Land in view of the essence of the joint venture that the Landowner allows Perquest to develop the JV Land and it does not involve any acquisition of land.


4. The estimated breakdown in the source of funding

The Group intends to fund the proposed development through internally generated funds and there will be no bank borrowings for this project.


5. Tabulation / illustration of the effect of the Joint Venture on the nets assets per share and gearing of TAMBUN INDAH

The JV Development does not have any effect on the consolidated net assets and gearing of TAMBUN INDAH for the financial year ending 31 December 2012.


6. Information as per item 4, Part C, Appendix 10A of the Main Market Listing Requirements, where applicable or an appropriate negative statements

The information as per item 4, Part C, Appendix 10A of the Main Market Listing Requirements is not applicable as the joint venture does not involves an acquisition of real estate.


7. The time and place where the joint Venture Agreement and valuation report, if any may be inspected

The Joint Venture Agreement is available for inspection by shareholders of TAMBUN INDAH at the registered office of TAMBUN INDAH, 51-21-A, menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang during office hour from Mondays to Fridays (except public holidays) for a period of 3 months from 05 April 2012.


This announcement is dated 05 April 2012.

Query Letter content: We refer to your announcement dated 2 April 2012, in respect of the aforesaid
Joint Venture.

In this connection, kindly furnish Bursa Malaysia Securities Berhad with the
following additional information for public release:
Particulars of all liabilities, including contingent liabilities and guarantees
to be assumed by TAMBUN, arising from the Joint Venture;
Justification for the consideration;
Whether any valuation was carried out on the JV Land; if so, the name of the
independent registered valuer, date and method of valuation and quantification
of the market value;
The estimated breakdown in the source of funding;
5. Tabulation/illustration of the effect of the Joint Venture on the net assets
per share and gearing of TAMBUN;
6. Information as per item 4, Part C, Appendix 10A of the Main Market Listing
Requirements, where applicable or an appropriate negative statement; and
7. The time and place where the Joint Venture a agreement and valuation report,
if any, may be inspected.


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

Yours faithfully




KHOO KAY KWAN
Head, Issuers
Listing Division
Regulation


KKK/RSA

Copy to: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)


MSM - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: MSM MALAYSIA HOLDINGS BERHAD
Stock Name: MSM
Date Announced: 05/04/2012

Announcement Detail:
Date of change: 30/01/2012

Name: Datuk R. Sharifuddin Hizan R. Zainal Abidin

Age: 66

Nationality: Malaysian

Type of change: Redesignation

Previous Position: Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Qualifications: Bachelor in Agricultural Economics from University of England, Armidale, Australia.

Master of Business Administration from the Catholic University of Leuven, Belgium.

Working experience and occupation: Began his career in FELDA in 1969 and held several senior managerial positions before assuming his position as the Group Managing Director of Felda Holdings Berhad in 2005.

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


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