MPCORP - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: MALAYSIA PACIFIC CORPORATION BERHAD
Stock Name: MPCORP
Date Announced: 18/07/2012
Announcement Detail:
Date of change: 18/07/2012
Name: Datuk Kamaruddin bin Taib
Age: 54
Nationality: Malaysian
Designation: Director
Directorate: Independent & Non Executive
Type of change: Resignation
Reason: Other Commitments
Details of any disagreement that he/she has with the Board of Directors: No
Whether there are any matters that need to be brought to the attention of the shareholders: No
Qualifications: Bachelor of Science (Mathematics)
Working experience and occupation: Company Director of several public listed companies and several private companies
Directorship of public companies (if any): 1. Iris Corporation Berhad
2. Alkhair International Islamic Bank Berhad Group (formerly known as Unicorn International Islamic Bank Malaysia Berhad Group)
3. Great Eastern Life Assurance (Malaysia) Berhad Group
4. GHL Systems Bhd
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
Remarks: Datuk Kamaruddin bin Taib would also cease to be a member of the Board Audit & Risk Management Committee and the Nominating & Remuneration Committee of the Company with effect from 18 July 2012 following his resignation as Director of the Company.
Company Name: MALAYSIA PACIFIC CORPORATION BERHAD
Stock Name: MPCORP
Date Announced: 18/07/2012
Announcement Detail:
Date of change: 18/07/2012
Name: Datuk Kamaruddin bin Taib
Age: 54
Nationality: Malaysian
Designation: Director
Directorate: Independent & Non Executive
Type of change: Resignation
Reason: Other Commitments
Details of any disagreement that he/she has with the Board of Directors: No
Whether there are any matters that need to be brought to the attention of the shareholders: No
Qualifications: Bachelor of Science (Mathematics)
Working experience and occupation: Company Director of several public listed companies and several private companies
Directorship of public companies (if any): 1. Iris Corporation Berhad
2. Alkhair International Islamic Bank Berhad Group (formerly known as Unicorn International Islamic Bank Malaysia Berhad Group)
3. Great Eastern Life Assurance (Malaysia) Berhad Group
4. GHL Systems Bhd
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
Remarks: Datuk Kamaruddin bin Taib would also cease to be a member of the Board Audit & Risk Management Committee and the Nominating & Remuneration Committee of the Company with effect from 18 July 2012 following his resignation as Director of the Company.
YUNKONG - MULTIPLE PROPOSALS
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: YUNG KONG GALVANISING INDUSTRIES BHD
Stock Name: YUNKONG
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: MULTIPLE PROPOSALS
Description: (I) PROPOSED ACQUISITION BY YKGI OF THE REMAINING 45.51% EQUITY INTEREST IN STARSHINE HOLDINGS SDN BHD ("SSH") NOT ALREADY OWNED BY YKGI, FOR A PURCHASE CONSIDERATION OF RM16,611,579 TO BE SATISFIED VIA THE ISSUANCE OF 33,223,158 NEW ORDINARY SHARES OF RM0.50 EACH IN YKGI ("YKGI SHARES" OR "SHARES") AT AN ISSUE PRICE OF RM0.50 PER YKGI SHARE ("ISSUE PRICE") ("PROPOSED ACQUISITION");
(II) PROPOSED PRIVATE PLACEMENT OF UP TO 39,106,980 NEW SHARES IN YKGI, REPRESENTING UP TO TWENTY PERCENT (20%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF YKGI ("PROPOSED PRIVATE PLACEMENT");
(III) PROPOSED BONUS ISSUE OF UP TO 33,304,333 NEW SHARES IN YKGI SHARES TO THE ORDINARY SHAREHOLDERS OF YKGI AND UP TO 2,249,078 NEW SHARES TO THE REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") HOLDER OF YKGI ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF SHARES");
(IV) PROPOSED BONUS ISSUE OF UP TO 99,913,001 WARRANTS IN YKGI TO THE ORDINARY SHAREHOLDERS OF YKGI AND UP TO 6,747,236 WARRANTS TO THE RCPS HOLDER OF YKGI ("WARRANT(S)") ON THE BASIS OF THREE (3) FREE WARRANTS FOR EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS"); AND
(V) PROPOSED CHANGE OF COMPANY NAME FROM YUNG KONG GALVANISING INDUSTRIES BERHAD TO YKGI HOLDINGS BERHAD ("PROPOSED CHANGE OF NAME")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Attachments: YKGI Announcement (3).pdf
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: YUNG KONG GALVANISING INDUSTRIES BHD
Stock Name: YUNKONG
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: MULTIPLE PROPOSALS
Description: (I) PROPOSED ACQUISITION BY YKGI OF THE REMAINING 45.51% EQUITY INTEREST IN STARSHINE HOLDINGS SDN BHD ("SSH") NOT ALREADY OWNED BY YKGI, FOR A PURCHASE CONSIDERATION OF RM16,611,579 TO BE SATISFIED VIA THE ISSUANCE OF 33,223,158 NEW ORDINARY SHARES OF RM0.50 EACH IN YKGI ("YKGI SHARES" OR "SHARES") AT AN ISSUE PRICE OF RM0.50 PER YKGI SHARE ("ISSUE PRICE") ("PROPOSED ACQUISITION");
(II) PROPOSED PRIVATE PLACEMENT OF UP TO 39,106,980 NEW SHARES IN YKGI, REPRESENTING UP TO TWENTY PERCENT (20%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF YKGI ("PROPOSED PRIVATE PLACEMENT");
(III) PROPOSED BONUS ISSUE OF UP TO 33,304,333 NEW SHARES IN YKGI SHARES TO THE ORDINARY SHAREHOLDERS OF YKGI AND UP TO 2,249,078 NEW SHARES TO THE REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") HOLDER OF YKGI ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF SHARES");
(IV) PROPOSED BONUS ISSUE OF UP TO 99,913,001 WARRANTS IN YKGI TO THE ORDINARY SHAREHOLDERS OF YKGI AND UP TO 6,747,236 WARRANTS TO THE RCPS HOLDER OF YKGI ("WARRANT(S)") ON THE BASIS OF THREE (3) FREE WARRANTS FOR EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS"); AND
(V) PROPOSED CHANGE OF COMPANY NAME FROM YUNG KONG GALVANISING INDUSTRIES BERHAD TO YKGI HOLDINGS BERHAD ("PROPOSED CHANGE OF NAME")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Attachments: YKGI Announcement (3).pdf
NICE - Update on default in payments by a former subsidiary, namely, Yikon Jewellery Industry Sdn Bhd
Announcement Type: General Announcement
Company Name: NICHE CAPITAL EMAS HOLDINGS BERHAD
Stock Name: NICE
Date Announced: 18/07/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: GG-120717-43940
Subject: Update on default in payments by a former subsidiary, namely, Yikon Jewellery Industry Sdn Bhd
Description: Further to the announcement made on 16 July 2012 in respect of the update on default in payments by a former subsidiary, namely, Yikon Jewellery Industry Sdn Bhd, the Board is pleased to furnish the additional information as requested by Bursa Malaysia Securities Berhad via its letter dated 17 July 2012.
Query Letter content: We refer to your Company's announcement dated 16 July 2012 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
Rationale on why the Corporate Guarantees provided by your company in favour of
Yikon Jewellery Industry Sdn Bhd ("YJI") were not discharged upon the
completion of the disposal of the entire equity interest in YJI as announced on
19 October 2010, and why the said Corporate Guarantees were not
restructure/reschedule and discharged together with the Group's debt
restructuring exercise which was completed upon the upliftment of PN1 status as
announced on 31 October 2011;
The estimated timeframe to discharge the Corporate Guarantees; and
The financial and operational impact on the Group arising from the notices of
demand/claims from the Banks.
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
TGG
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: NICE-BQ120717-YJI-ReplyQuery.pdf
Company Name: NICHE CAPITAL EMAS HOLDINGS BERHAD
Stock Name: NICE
Date Announced: 18/07/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: GG-120717-43940
Subject: Update on default in payments by a former subsidiary, namely, Yikon Jewellery Industry Sdn Bhd
Description: Further to the announcement made on 16 July 2012 in respect of the update on default in payments by a former subsidiary, namely, Yikon Jewellery Industry Sdn Bhd, the Board is pleased to furnish the additional information as requested by Bursa Malaysia Securities Berhad via its letter dated 17 July 2012.
Query Letter content: We refer to your Company's announcement dated 16 July 2012 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
Rationale on why the Corporate Guarantees provided by your company in favour of
Yikon Jewellery Industry Sdn Bhd ("YJI") were not discharged upon the
completion of the disposal of the entire equity interest in YJI as announced on
19 October 2010, and why the said Corporate Guarantees were not
restructure/reschedule and discharged together with the Group's debt
restructuring exercise which was completed upon the upliftment of PN1 status as
announced on 31 October 2011;
The estimated timeframe to discharge the Corporate Guarantees; and
The financial and operational impact on the Group arising from the notices of
demand/claims from the Banks.
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
TGG
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: NICE-BQ120717-YJI-ReplyQuery.pdf
CAELY - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: CAELY HOLDINGS BHD
Stock Name: CAELY
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: DISPOSAL OF 51% EQUITY INTEREST IN AVANA TECHNOLOGIES (M) SDN BHD
Company Name: CAELY HOLDINGS BHD
Stock Name: CAELY
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: DISPOSAL OF 51% EQUITY INTEREST IN AVANA TECHNOLOGIES (M) SDN BHD
SWSCAP - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SWS CAPITAL BERHAD
Stock Name: SWSCAP
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: Disposal of one plot of leasehold industrial land together with a single storey detached warehouse cum double storey office building thereon for a cash consideration of Ringgit Malaysia Two Million (RM2,000,000) only,
The details of the announcement is as per announcement details.
Submitting Merchant Bank: N/A
Company Name: SWS CAPITAL BERHAD
Stock Name: SWSCAP
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: Disposal of one plot of leasehold industrial land together with a single storey detached warehouse cum double storey office building thereon for a cash consideration of Ringgit Malaysia Two Million (RM2,000,000) only,
The details of the announcement is as per announcement details.
UMSNGB - Notice of Shares Buy Back - Immediate Announcement (Amended Announcement)
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: UMS-NEIKEN GROUP BERHAD
Stock Name: UMSNGB
Date Announced: 18/07/2012
Announcement Detail:
Date of buy back: 17/07/2012
Description of shares purchased: Ordinary share of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,000
Minimum price paid for each share purchased ($$): 0.310
Maximum price paid for each share purchased ($$): 0.320
Total consideration paid ($$): 6,436.92
Number of shares purchased retained in treasury (units): 20,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 294,600
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.37
Remarks: The amendment was made on the total number of shares purchased was 20,000 ordinary shares and not 10,000 ordinary shares as previously announced.
Company Name: UMS-NEIKEN GROUP BERHAD
Stock Name: UMSNGB
Date Announced: 18/07/2012
Announcement Detail:
Date of buy back: 17/07/2012
Description of shares purchased: Ordinary share of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 20,000
Minimum price paid for each share purchased ($$): 0.310
Maximum price paid for each share purchased ($$): 0.320
Total consideration paid ($$): 6,436.92
Number of shares purchased retained in treasury (units): 20,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 294,600
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.37
Remarks: The amendment was made on the total number of shares purchased was 20,000 ordinary shares and not 10,000 ordinary shares as previously announced.
TGOFFS - OTHERS
Announcement Type: General Announcement
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: PURCHASE ORDER FROM FARAB INTERNATIONAL LLC, (DUBAI) FOR THE PROVISION OF GAS GENERATOR PACKAGES
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: PURCHASE ORDER FROM FARAB INTERNATIONAL LLC, (DUBAI) FOR THE PROVISION OF GAS GENERATOR PACKAGES
HAIO - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 18/07/2012
Announcement Detail:
Date of buy back: 18/07/2012
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 11,500
Minimum price paid for each share purchased ($$): 2.090
Maximum price paid for each share purchased ($$): 2.100
Total consideration paid ($$): 24,203.00
Number of shares purchased retained in treasury (units): 11,500
Cumulative net outstanding treasury shares as at to-date (units): 4,167,288
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.06
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 18/07/2012
Announcement Detail:
Date of buy back: 18/07/2012
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 11,500
Minimum price paid for each share purchased ($$): 2.090
Maximum price paid for each share purchased ($$): 2.100
Total consideration paid ($$): 24,203.00
Number of shares purchased retained in treasury (units): 11,500
Cumulative net outstanding treasury shares as at to-date (units): 4,167,288
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.06
TEXCHEM - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: TEXCHEM RESOURCES BERHAD
Stock Name: TEXCHEM
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: Texchem Resources Bhd. ("Company")
PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST COMPRISING 9,124,500 ORDINARY SHARES OF RM1.00 EACH IN M.A.C. TECHNOLOGY (MALAYSIA) SDN. BHD. ("MAC"), REPRESENTING 30% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MAC ("SHARES") BY TEXCHEM-PACK HOLDINGS (S) LTD., A SUBSIDIARY OF TEXCHEM RESOURCES BHD. TO DAIICHI KASEI CO., LTD. AT A TOTAL CASH CONSIDERATION OF RM7,267,192.00 ("PROPOSED DISPOSAL")
Company Name: TEXCHEM RESOURCES BERHAD
Stock Name: TEXCHEM
Date Announced: 18/07/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: Texchem Resources Bhd. ("Company")
PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST COMPRISING 9,124,500 ORDINARY SHARES OF RM1.00 EACH IN M.A.C. TECHNOLOGY (MALAYSIA) SDN. BHD. ("MAC"), REPRESENTING 30% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MAC ("SHARES") BY TEXCHEM-PACK HOLDINGS (S) LTD., A SUBSIDIARY OF TEXCHEM RESOURCES BHD. TO DAIICHI KASEI CO., LTD. AT A TOTAL CASH CONSIDERATION OF RM7,267,192.00 ("PROPOSED DISPOSAL")
BREM - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 18/07/2012
Announcement Detail:
Date of buy back: 18/07/2012
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 5,000
Minimum price paid for each share purchased ($$): 1.200
Maximum price paid for each share purchased ($$): 1.200
Total consideration paid ($$): 6,035.80
Number of shares purchased retained in treasury (units): 5,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,868,531
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.66
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 18/07/2012
Announcement Detail:
Date of buy back: 18/07/2012
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 5,000
Minimum price paid for each share purchased ($$): 1.200
Maximum price paid for each share purchased ($$): 1.200
Total consideration paid ($$): 6,035.80
Number of shares purchased retained in treasury (units): 5,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,868,531
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 (%): 1.66
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