Company announcements: DRBHCOM, MMCCORP, FITTERS, HARVEST

DRBHCOM - DRB-HICOM BERHAD ("DRB-HICOM" OR "COMPANY") PROPOSED DISPOSAL OF THE ENTIRE BUSINESS, INCLUDING ALL OF THE ASSETS AND LIABILITIES OF HICOM POWER SDN BHD (“HICOM POWER”) (SAVE FOR CERTAIN EXCLUDED ASSETS AND EXCLUDED LIABILITIES) TO STERLING ASIA SDN BHD (“STERLING ASIA”) FOR A CASH CONSIDERATION OF RM575,000,000 (“PROPOSED DISPOSAL”)

Announcement Type: General Announcement

Company Name	DRB-HICOM BERHAD
Stock Name	DRBHCOM
Date Announced	23 Oct 2012
Category	General Announcement
Reference No	ML-121023-69534

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	GG-121019-62831
Subject	DRB-HICOM BERHAD ("DRB-HICOM" OR "COMPANY") PROPOSED DISPOSAL OF THE ENTIRE BUSINESS, INCLUDING ALL OF THE ASSETS AND LIABILITIES OF HICOM POWER SDN BHD (“HICOM POWER”) (SAVE FOR CERTAIN EXCLUDED ASSETS AND EXCLUDED LIABILITIES) TO STERLING ASIA SDN BHD (“STERLING ASIA”) FOR A CASH CONSIDERATION OF RM575,000,000 (“PROPOSED DISPOSAL”)
Description	Unless stated otherwise, the abbreviations used hereafter throughout this announcement shall have the same meanings as defined in the announcement dated 18 October 2012 in relation to the Proposed Disposal (“Announcement”). Reference is made to Bursa Malaysia Securities Berhad’s letter dated 22 October 2012 under reference GG-121019-62831 in relation to the Announcement ("Query Letter"). We, HLIB and AmInvestment, on behalf of DRB-HICOM, furnish herewith the following additional information for public disclosure.
Query Letter Contents	We refer to your announcement dated 18 October 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: Salient terms of the O&M Agreement and O&M Sub-Contract. Rationale for having the deferred payment arrangement. Basis in arriving at the net income on disposal of RM446.2 million. Reasons for the declined in net assets for 31 March 2011 and 31 March 2010. Reasons for the increased in capacity factors in 2012 and what are the other considerations or factors that will affect the capacity factors. Please furnish Bursa Securities with your reply within one (1) market day fom the date hereof. Yours faithfully HENG TECK HENG Head, Issuers Listing Division Regulation HTH/TGG c.c:- Head, Market Surveillance Department, Market Supervision Division, Securities Commission (via fax)

Attachments DRB - Proposed Disposal - Reply to queries.pdf 133 KB

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MMCCORP - PROPOSED ACQUISITION OF THE ENTIRE BUSINESS, INCLUDING ALL OF THE ASSETS AND LIABILITIES OF HICOM POWER SDN BHD (“HICOM POWER”) (SAVE FOR THE EXCLUDED ASSETS AND EXCLUDED LIABILITIES) BY STERLING ASIA SDN BHD (“STERLING ASIA”) FROM HICOM POWER, FOR A CASH CONSIDERATION OF RM575 MILLION

Announcement Type: General Announcement

Company Name	MMC CORPORATION BERHAD
Stock Name	MMCCORP
Date Announced	23 Oct 2012
Category	General Announcement
Reference No	MC-121023-61528

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	NM-121019-43438
Subject	PROPOSED ACQUISITION OF THE ENTIRE BUSINESS, INCLUDING ALL OF THE ASSETS AND LIABILITIES OF HICOM POWER SDN BHD (“HICOM POWER”) (SAVE FOR THE EXCLUDED ASSETS AND EXCLUDED LIABILITIES) BY STERLING ASIA SDN BHD (“STERLING ASIA”) FROM HICOM POWER, FOR A CASH CONSIDERATION OF RM575 MILLION
Description	Unless otherwise stated, the abbreviations used in this announcement shall have the same meanings as defined in the announcement dated 18 October 2012 in relation to the Proposed Acquisition (“Announcement”). Reference is made to Bursa Malaysia Securities Berhad’s letter dated 22 October 2012 under reference NM-121019-43438 in relation to the Announcement. We furnish herewith additional information for public disclosure as attached. This announcement is dated 23 October 2012.
Query Letter Contents	We refer to your announcement dated 18 October 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: The duration of the O&M Sub-Contract. Salient terms of the O&M Agreement. Reasons for the decline in net assets for 31 March 2011 and 31 March 2010. Reasons for the increase in capacity factors in 2012 and what are the other considerations or factors that will affect the capacity factors. Please 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)

Attachments Announcement - Reply to query.pdf 14 KB

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FITTERS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement

Company Name	FITTERS DIVERSIFIED BERHAD
Stock Name	FITTERS
Date Announced	23 Oct 2012
Category	Notice of Shares Buy Back - Immediate Announcement
Reference No	CC-121023-61618

Date of buy back	23/10/2012
Description of shares purchased	Ordinary shares of RM0.50 each
Currency	Malaysian Ringgit (MYR)
Total number of shares purchased (units)	275,300
Minimum price paid for each share purchased ($$)	0.675
Maximum price paid for each share purchased ($$)	0.685
Total consideration paid ($$)	188,269.13
Number of shares purchased retained in treasury (units)	275,300
Number of shares purchased which are proposed to be cancelled (units)	0
Cumulative net outstanding treasury shares as at to-date (units)	275,300
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 (%)	0.12

Remarks :

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HARVEST - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings

Company Name	HARVEST COURT INDUSTRIES BHD
Stock Name	HARVEST
Date Announced	23 Oct 2012
Category	General Meetings
Reference No	CC-121023-40276

Type of Meeting	EGM
Indicator	Notice of Meeting
Description	Notice of Extraordinary General Meeting
Date of Meeting	26/11/2012
Time	02:30 PM
Venue	Lot 450 Jalan Papan, Pandamaran Industrial Area, 42000 Port Klang, Selangor Darul Ehsan
Date of General Meeting Record of Depositors	19/11/2012

Attachments HCIB - Notice of EGM.pdf 152 KB

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