Company announcements: SMPC, SILVER, KBB, HARVEST, SYCAL, NATWIDE

SMPC - MULTIPLE PROPOSALS

Announcement Type: General Announcement

Company Name	SMPC CORPORATION BHD
Stock Name	SMPC
Date Announced	4 Sept 2012
Category	General Announcement
Reference No	MM-120904-66504

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	SMPC CORPORATION BHD (“SMPC” OR “COMPANY”) (I) PROPOSED ESOS (II) PROPOSED SHARE BUY-BACK (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcement, where applicable, unless stated otherwise or defined herein. Reference is made to the announcement dated 30 August 2012. On behalf of the Board of Directors of SMPC, Public Investment Bank Berhad wishes to announce that the Company has today submitted the listing application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for the listing of and quotation for the new ordinary shares of RM1.00 each in SMPC to be issued pursuant to the exercise of the options to be granted under the Proposed ESOS on the Main Market of Bursa Securities. This announcement is dated 4 September 2012.

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SILVER - MATERIAL LITIGATION

Announcement Type: General Announcement

Company Name	SILVER BIRD GROUP BERHAD
Stock Name	SILVER
Date Announced	4 Sept 2012
Category	General Announcement
Reference No	CC-120904-65576

Type	Announcement
Subject	MATERIAL LITIGATION
Description	SILVER BIRD GROUP BERHAD (“SBGB” or “the Company”) Writ of Summons and Statement of Claim filed by KPF Quality Foods Sdn Bhd against Stanson Marketing Sdn Bhd - High Court of Shah Alam Writ Summons No. 22NCVC-1053-08/2012
Further to the announcement made by the Company on 6 July 2012 in respect of the receipt of legal Notice of Demand from KPF Quality Foods Sdn Bhd, the Board of Directors of SBGB wishes to announce that Stanson Marketing Sdn Bhd (“SMSB”), a wholly-owned subsidiary of SBGB, has on 3 September 2012 been served with a Writ of Summons dated 29 August 2012 and Statement of Claim dated 17 August 2012 filed in the High Court of Shah Alam by KPF Quality Foods Sdn Bhd (the “Plaintiff”). By the said suit, the Plaintiff claims a sum of RM24,322,145.00, purportedly being the outstanding amount due and owing to Plaintiff, plus interest thereon at the rate of 8% per annum calculated from 3 July 2012 until the date of judgment and interest at the rate of 5% per annum calculated from the date of judgment until the date of full settlement and costs. The Directors of the Company are of the opinion that the amount claimed is not expected to have any financial or operational impact as such claims, if at all SCSB is liable for the same, is envisaged to be restructured pursuant to the regularisation plan being formulated for the Group. The Company is advised that the Plaintiff is restrained from commencing or further proceeding with the said suit without leave of the Court by virtue of and in accordance with the restraining order pursuant to Section 176(10) of the Companies Act, 1965, which was granted by the High Court in favour of SCSB on 14 August 2012. The Company is also currently seeking legal advice with regards to the said suit. The Company will make the necessary announcements on further developments of the above matter as and when necessary. This announcement is dated 4 September 2012.

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KBB - General Announcement

Announcement Type: General Announcement

Company Name	KBB RESOURCES BERHAD
Stock Name	KBB
Date Announced	4 Sept 2012
Category	General Announcement
Reference No	CC-120904-53079

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	GG-120903-36203
Subject	KBB RESOURCES BERHAD ("KBB" OR "THE COMPANY") - APPOINTMENT OF MESSRS. CHI-LLTC (formerly known as LLTC) TO CONDUCT INVESTIGATIVE AUDIT ON KBB GROUP
Description	Reference is made to the Company's announcement dated 30 August 2012. The Board of Directors of the Company wishes to further announce that: - 1. The details of circumstances leading to the appointment of Messrs CHI-LLTC is Dato’ Sri Chin Seak Huat (JP)(“Dato' Sri Chin”) was appointed as the Group Managing Director of KBB in mid 2011 to drive the turnaround strategy of KBB. The new management led by Dato' Sri Chin took over the operation of KBB after both Dato’ Ang Cho Teing and Kenny Ang Chor Teng (“Old management”) had left the Group by 30 November 2011. After much deliberation and still under the facilitation of Corporate Debt Restructuring Committee (“CDRC”), KBB’s One-off Settlement Proposal was approved on 30 March 2012 and the settlement agreement signed on 16 April 2012. The One-off Settlement has been completed on 27 June 2012. Prior to the signing of the settlement agreement, KBB has also announced a proposed private placement which aims to raise additional funds for working capital purposes. After the release of KBB’s quarterly announcement as at 31 March 2012, Bursa Malaysia Securities Berhad (“Bursa”) has expressed their concerns in relation to the high trade receivable and inventory turnover periods. Bursa’s concern was escalated to KBB’s Board of Directors which had decided to appoint Messrs CHI – LLTC on 9 July 2012 to conduct a limited review to investigate the matter. After Messrs CHI-LLTC has clarified the possible reasons leading the proposed write-off amounts for both trade receivables and inventories in their report, the Board had further decided to appoint Messrs CHI-LLTC to conduct an investigation audit on 30 August 2012. 2. Scope of work to be reviewed by Messrs CHI-LLTC is Three (3) relevant financial years from 1 January 2008 to 30 June 2012 encompassing investigation into reasons leading to the substantial reductions/write offs pertaining to property, plant and equipment, inventories and trade receivables of KBB. 3. Timeframe required to complete the investigative audit is approximately 12 weeks from date of appointment of Messrs CHI-LLTC. 4. Background information of Messrs CHI-LTTC is as follows: - Founded in 1997, CHI-LLTC (Formerly known as LLTC) who has changed its name from LLTC to CHI-LLTC with effective from 15 August 2012. CHI-LLTC is an independent member of CH International (Group) Limited, established under the Company’s Law of United Kingdom with affiliated offices worldwide. (its website : www.chint.org) CHI-LLTC is a medium size chartered accountancy firm in Malaysia registered with the Ministry of Finance Malaysia as an approved company auditor and Audit Oversight Board (AOB). CHI-LLTC is a registered member firm of Malaysian Institute of Accountants (MIA). It was established as a result of the merger of several practices throughout Malaysia, some of which have been in operation for nearly twenty years. CHI-LLTC has 7 offices operating throughout Malaysia, with a management team consisting of 5 partners and 7 principals, supported by around 130 professional staff. Presently, our Firm has more than 2,000 corporate clientele includes Public Listed Company, oversea entities and Local Small & Medium Companies representing a cross section of major industries. This announcement is made on 4 September 2012.
Query Letter Contents	We refer to the Company's announcement dated 30 August 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. Full details of the circumstances leading to the appointment of Messrs. CHI-LLTC; 2. Full details of the scope of work to be reviewed by Messrs CHI-LLTC; 3. Timeframe required to complete the investigative audit; and 4. Background information of Messrs CHI-LLTC. 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 HTH/TGG c.c:- General Manager and Head, Market Surveillance, Securities Commission (via fax)

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HARVEST - Change in Boardroom

Announcement Type: Change in Boardroom

Company Name	HARVEST COURT INDUSTRIES BHD
Stock Name	HARVEST
Date Announced	4 Sept 2012
Category	Change in Boardroom
Reference No	CC-120904-18B38

Date of change	04/09/2012
Name	Woo Mun Chee
Age	59
Nationality	Malaysian
Type of change	Appointment
Designation	Non-Executive Director
Directorate	Independent & Non Executive
Qualifications	1. Higher School Certificate (HSC) 2. Australian Matriculation 3. ACA (Professional Finalist)
Working experience and occupation	He has years of experience in the banking and financial industry. He has attached to a financial institution in Malaysia for more than twenty (20 ) years. Throughout the banking career, have resumed various job functions, from branch to head office operations, initially as an assistant accountant and promoted to assistant manager and subsequently to full managerial position. At the time of resignation, he was holding the position as senior manager. In the capacity as a branch manager, the job involved the day to day operation and administration of the branch. He also headed various departments at the head office, namely credit and marketing, branches operations and loans supervision. Besides the banking experience, he was also having the experience in internal auditing in an established automobile manufacturing company as well as external auditing for two (2) and three (3) years respectively.
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	18,0000 ordinary shares of RM0.25 each

Remarks :

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HARVEST - Change in Boardroom

Announcement Type: Change in Boardroom

Company Name	HARVEST COURT INDUSTRIES BHD
Stock Name	HARVEST
Date Announced	4 Sept 2012
Category	Change in Boardroom
Reference No	CC-120904-50502

Date of change	04/09/2012
Name	Tan Choon Hwa (JMK, JP)
Age	55
Nationality	Malaysian
Type of change	Appointment
Designation	Non-Executive Director
Directorate	Independent & Non Executive
Qualifications	He gratuated from High School. He was awarded Pingat Bakti (P.B) in year 1992 and subsequently Justice of Peace (JP) in year 1994 and JMK in year 2010.
Working experience and occupation	He is a businessman with twenty (20) years of experiences in various industries such as timber, mining, international trading and, housing and land development. He is the Executive Chairman of TCH International Resources Group Sdn Bhd and TCH Vision Trading Corporation Sdn Bhd, executive director of Naim Indah Corporation Berhad, non-executive director of VTI Vintage Berhad and Aturmaju Resources Berhad and non-independent non-executive director of China Stationery Limited. He also holds directorships in Fonpoint Foncare Enterprise Sdn Bhd, Pasaraya Besar Bilal Sdn Bhd, Intergold Entity (M) Sdn Bhd, Intergold Nexus (M) Sdn Bhd, Linapro Sdn Bhd, Tok Aman Bali Beach Resort Sdn Bhd, Corak Anggerik Sdn Bhd, Bakat Mentari Sdn Bhd and Sri Uda Sdn Bhd. He holds other chairmanship in several associations, e.g. Persatuan Teo Chew Association.
Directorship of public companies (if any)	1. China Stationery Limited 2. VTI Vintage Berhad 3. Aturmaju Resoruces Berhad 4. Naim Indah Corporation 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

Remarks :

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HARVEST - Change in Boardroom

Announcement Type: Change in Boardroom

Company Name	HARVEST COURT INDUSTRIES BHD
Stock Name	HARVEST
Date Announced	4 Sept 2012
Category	Change in Boardroom
Reference No	CC-120904-7F945

Date of change	04/09/2012
Name	Ng Wai Han
Age	41
Nationality	Malaysian
Type of change	Appointment
Designation	Executive Director
Directorate	Executive
Qualifications	1. American Degree Studies, P.J. Community College, Petaling Jaya 2. Bachelor of Science (Honors) Business Administration, The University of Montana, Montana, U.S.A
Working experience and occupation	1996 - 1998 Fitters Holding Berhad -Business Development Executive 1998 Federal Express Services (M) Sdn. Bhd - Associate Account Executive and promoted to Account Executive in 1999 2001 Fritz Logistics Services (M) Sdn. Bhd. ( UPS-SCS )- Route Development Manager – Europe, Canada & Latin America. Promoted to Regional Manager – Southern Region in November 2002 and later promoted to as General Manager – Southern Region in April 2003.
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

Remarks :

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HARVEST - Changes in Director's Interest (S135) - Woo Mun Chee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	HARVEST COURT INDUSTRIES BHD
Stock Name	HARVEST
Date Announced	4 Sept 2012
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	CC-120904-55279

Information Compiled By KLSE

Particulars of Director

Name	Woo Mun Chee
Address	No. 108, Jalan Sri Petaling 2 Bandar Baru Sri Petaling 57000 Kuala Lumpur
Descriptions(Class & nominal value)	Ordinary Shares of RM0.25 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Others	04/09/2012	18,000

Description of other type of transaction	Woo Mun Chee was appointed as director of the Company with effect from 4 September 2012.
Circumstances by reason of which change has occurred	Due to his appointment as director of the Company with effect from 4 September 2012
Nature of interest	Direct
Consideration (if any)

Total no of securities after change
Direct (units)	18,000
Direct (%)	0.01
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	04/09/2012

Remarks :

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SYCAL - Changes in Sub. S-hldr's Int. (29B) - SYC Holdings Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	SYCAL VENTURES BERHAD
Stock Name	SYCAL
Date Announced	4 Sept 2012
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	SV-120904-7554F

Particulars of substantial Securities Holder

Name	SYC Holdings Sdn Bhd
Address	Lot 4.03A, 4th Floor, Plaza Prima, 4 1/2 Miles Old Klang Road, 58200 Kuala Lumpur
NRIC/Passport No/Company No.	831590V
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM1.00 each
Name & address of registered holder	Lot 4.03A, 4th Floor, Plaza Prima, 4 1/2 Miles Old Klang Road, 58200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	30/08/2012	250,070	0.000

Circumstances by reason of which change has occurred	off market acquisition
Nature of interest	Direct
Direct (units)	17,232,187
Direct (%)	5.38
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	17,232,187
Date of notice	04/09/2012

Remarks :

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SYCAL - Changes in Director's Interest (S135) - Dato' Seow Yong Chin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	SYCAL VENTURES BERHAD
Stock Name	SYCAL
Date Announced	4 Sept 2012
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	SV-120904-7556D

Information Compiled By KLSE

Particulars of Director

Name	Dato' Seow Yong Chin
Address	55, Jalan Nyaman 4, Happy Garden, Jalan Kelang Lama, 58200 Kuala Lumpur
Descriptions(Class & nominal value)	Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	30/08/2012	250,070	0.000

Circumstances by reason of which change has occurred	off market acquisition of shares by SYC Holdings Sdn Bhd
Nature of interest	Indirect
Consideration (if any)	cash

Total no of securities after change
Direct (units)	18,826,145
Direct (%)	5.88
Indirect/deemed interest (units)	31,602,942
Indirect/deemed interest (%)	9.87
Date of notice	04/09/2012

Remarks :

Deemed interest through his equity interests in Cygal Holdings Sdn Bhd. and SYC Holdings Sdn Bhd

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NATWIDE - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings

Company Name	NATIONWIDE EXPRESS COURIER SERVICES BERHAD
Stock Name	NATWIDE
Date Announced	4 Sept 2012
Category	General Meetings
Reference No	NE-120903-62252

Type of Meeting	AGM
Indicator	Notice of Meeting
Description	NOTICE IS HEREBY GIVEN THAT the 26th Annual General Meeting of Nationwide Express Courier Services Berhad will be held at Kelab Shah Alam, Jalan Akuatik, Seksyen 13, 40100 Shah Alam, Selangor Darul Ehsan on Wednesday, 26th September 2012 at 10.00 a.m. The full text of the notice of the AGM is attached herewith for your kind attention.
Date of Meeting	26/09/2012
Time	10:00 AM
Venue	KELAB SHAH ALAM, JALAN AKUATIK, SEKSYEN 13,40100 SHAH ALAM, SELANGOR DARUL EHSAN
Date of General Meeting Record of Depositors	01/10/2012

Attachments AGM_ad.pdf 48 KB

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