October 29, 2012

Company announcements: MALPAC, ATIS, GWPLAST, NCB, GOLDIS, P&O, KWANTAS, AMTEL, TIGER, KEINHIN

MALPAC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameMALPAC HOLDINGS BERHAD  
Stock Name MALPAC  
Date Announced29 Oct 2012  
CategoryGeneral Announcement
Reference NoCK-121029-7BEE3

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionMALPAC HOLDINGS BERHAD ("MHB")

FEDERAL COURT CIVIL APPEAL NO. 02(f)-69-10/2012(A)
[COURT OF APPEAL CIVIL APPEAL NO. A-02-14649-2011]
[IPOH HIGH COURT CIVIL SUIT NO. 22-109-2007]
APPELLANTS : YONG TOI MEE & CHEANG KIM LEONG
RESPONDENTS : MALPAC CAPITAL SDN. BHD. & RADIANT RESPONSE SDN. BHD.
Further to our announcement made on 12 October 2012 (Ref. No. CK-121012-A8D0A) , the Board of Directors of MHB has been informed by its solicitors that the Federal Court Registry has fixed the subject matter for case management on 20 November 2012.
Dated this 29 day of October 2012


ATIS - OTHERS ATIS CORPORATION BERHAD ("ATIS" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 ("SCR")

Announcement Type: General Announcement
Company NameATIS CORPORATION BERHAD  
Stock Name ATIS  
Date Announced29 Oct 2012  
CategoryGeneral Announcement
Reference NoOI-121029-56647

TypeAnnouncement
SubjectOTHERS
DescriptionATIS CORPORATION BERHAD ("ATIS" OR THE "COMPANY")

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 ("SCR")
We refer to the earlier announcements in relation to the SCR.

On behalf of the Board of Directors of ATIS, OSK Investment Bank Berhad is pleased to announce that the High Court of Malaya at Kuala Lumpur (“High Court”) had, on 29 October 2012, granted an order confirming the SCR pursuant to Section 64 of the Companies Act, 1965.


All required approvals for the SCR have been duly obtained and accordingly, the entitlement date in respect of the SCR will be announced in due course.


The SCR will take effect on the lodging of the sealed copy of the order of the High Court confirming the SCR with the Companies Commission of Malaysia.


This announcement is dated 29 October 2012.


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

Announcement Type: General Announcement
Company NameGW PLASTICS HOLDINGS BERHAD  
Stock Name GWPLAST  
Date Announced29 Oct 2012  
CategoryGeneral Announcement
Reference NoMI-121029-49728

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionGW PLASTICS HOLDINGS BERHAD ("GW PLASTICS" OR THE "COMPANY")

(I) PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN GREAT WALL PLASTIC INDUSTRIES BERHAD AND 100% EQUITY INTEREST IN GW PACKAGING SDN BHD BY GW PLASTICS TO SCIENTEX PACKAGING FILM SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM283.200 MILLION ("PROPOSED DISPOSALS");

(II) PROPOSED DISTRIBUTION OF THE CASH PROCEEDS ARISING FROM THE PROPOSED DISPOSALS TO ALL THE ENTITLED SHAREHOLDERS OF GW PLASTICS ("PROPOSED DISTRIBUTION"); AND

(III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF GW PLASTICS TO FACILITATE THE PROPOSED DISTRIBUTION ("PROPOSED M&A AMENDMENTS").

(HEREINAFTER COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Further to the announcement dated 3 October 2012, Kenanga Investment Bank Berhad on behalf of the Board of Directors of GW Plastics wishes to announce that the proposals shall include the Proposed M&A Amendments.

The Proposed M&A Amendments is undertaken to facilitate the implementation of the Proposed Distribution. The details of the Proposed M&A Amendments shall be disclosed together with the mode and details of the Proposed Distribution in the circular to GW Plastics shareholders to be issued in connection with the Proposals.

This announcement is dated 29 October 2012.


NCB - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameNCB HOLDINGS BERHAD  
Stock Name NCB  
Date Announced29 Oct 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoNH-121029-54198

EX-date08/11/2012
Entitlement date12/11/2012
Entitlement time04:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionA single tier interim dividend of 7.0 sen per share for the year ended 31 December 2012
Period of interest payment to
Financial Year End31/12/2012
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House,
Block D13, Pusat Dagangan Dana 1,
Jalan PJU 1A/46, 47301 Petaling Jaya
Selangor
Payment date 29/11/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers12/11/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.07


GOLDIS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameGOLDIS BERHAD  
Stock Name GOLDIS  
Date Announced29 Oct 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoGI-121029-26C2B

Date of buy back29/10/2012
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)938,500
Minimum price paid for each share purchased ($$)2.010
Maximum price paid for each share purchased ($$)2.010
Total consideration paid ($$)1,892,810.08
Number of shares purchased retained in treasury (units)938,500
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)12,208,100
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)2


P&O - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NamePACIFIC & ORIENT BERHAD  
Stock Name P&O    
Date Announced29 Oct 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoP&-121023-44582

EX-date09/11/2012
Entitlement date14/11/2012
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionSixth Interim Dividend of MYR0.01 less 25% income tax per ordinary share of MYR0.50 each
Period of interest payment to
Financial Year End30/09/2012
Share transfer book & register of members will be 14/11/2012 to 14/11/2012 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noMega Corporate Services Sdn Bhd
Level 15-2, Sheraton Imperial Court, Jalan Sultan Ismail, 50250 Kuala Lumpur
Tel No.: 03-26924271
Payment date 28/11/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers14/11/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.01


KWANTAS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameKWANTAS CORPORATION BERHAD  
Stock Name KWANTAS  
Date Announced29 Oct 2012  
CategoryGeneral Announcement
Reference NoKC-121029-55691

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionKWANTAS CORPORATION BERHAD ("KWANTAS" or "COMPANY")

* PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF REVENUE OR TRADING NATURE ("PROPOSED NEW SHAREHOLDERS' MANDATE")

The Board of Directors of Kwantas wishes to announce that the Company proposes to seek approval of its shareholders for the Proposed New Shareholders' Mandate at the forthcoming Annual General Meeting to be convened.

A Circular containing the details of the Proposed New Shareholders' Mandate will be dispatched to the shareholders of the Company in due course.

This announcement is dated 29th October 2012.



AMTEL - Quarterly rpt on consolidated results for the financial period ended 31/8/2012

Announcement Type: Financial Results
Company NameAMTEL HOLDINGS BERHAD  
Stock Name AMTEL  
Date Announced29 Oct 2012  
CategoryFinancial Results
Reference NoAH-121029-53881

Financial Year End30/11/2012
Quarter3
Quarterly report for the financial period ended31/08/2012
The figureshave not been audited

Attachments

AHB-Q3-FY2012.pdf
80 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/08/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/08/2012
31/08/2011
31/08/2012
31/08/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
13,458
14,165
41,343
44,500
2Profit/(loss) before tax
1,150
1,169
3,531
3,041
3Profit/(loss) for the period
1,149
1,145
3,157
2,970
4Profit/(loss) attributable to ordinary equity holders of the parent
1,090
1,124
3,039
2,918
5Basic earnings/(loss) per share (Subunit)
2.21
2.28
6.17
5.92
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8952
0.8348
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


TIGER - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTIGER SYNERGY BERHAD  
Stock Name TIGER  
Date Announced29 Oct 2012  
CategoryGeneral Announcement
Reference NoCK-121029-DE381

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTiger Synergy Berhad
Update of Material Litigations
Directors of TIGER SYNERGY BERHAD (“the Company”) wishes to update the Exchange on the following legal cases of the subsidiaries of the Company:-
(a) A legal action was initiated against Janavista Sdn. Bhd. (JSB) , a wholly owned subsidiary of the Company by Cheang Ah Looi @ Cheang Chee for breach of Sale and Purchase Agreement dated 28.4.2006 for failure to deliver vacant possession together with specific performance and damages. The intervener application by CIMB Bank has been allowed with costs. The defendant’s striking out application was dismissed with costs of RM 2,000.00 and plaintiff’s summary Judgment application was granted.

(b) A legal action was initiated against Janavista Sdn Bhd, a wholly owned subsidiary of the Company by Ng Chee On for breach of Sale and Purchase Agreement dated 28.4.2006 for failure to deliver vacant possession together with specific performance and damages. The intervener application by CIMB Bank has been allowed with costs. The defendant’s striking out application was dismissed with costs of RM 2,000.00 and Plaintiff’s summary Judgment application was granted.
    (c) A legal action was initiated against Janavista Sdn Bhd, a wholly owned subsidiary of the Company by Yeo Ping Tieng and Biaxis Sdn Bhd for a declaration that the Sale and Purchase Agreement dated 4.4.2006 is valid and Yeo Ping Tieng is the legal owner of the property. The plaintiff further claim a sum of RM261,719.84 and interest of 8% per annum being liquidated damages for failure to deliver vacant possession. The case is fixed on 20/11/2012 & 23/01/2013 for case management and 13/01/2015 for Trial.
      (d) A legal action has been instituted by a third party against a wholly-owned subsidiary company, Janavista Sdn Bhd. for trespassing and encroaching into the land owned by the third party which is located beside the development project of the subsidiary company. The court has fixed on 28/11/2012 for the case management of assessment of damages.

      (e) A legal action was initiated against Janavista Sdn. Bhd. (JSB), a wholly owned subsidiary of the Company by Poon Tak Woo Mark (PTW) for breach of the Sale and Purchase Agreement dated 29.10.2004 for the sales of 4 units of bungalow lots. The case be remitted to High court for trial on merits. The case is fixed for trial on 10th and 12th December 2012.

      (f) A legal action was taken by Wong Yu Chiu (WYC) against Janavista Sdn. Bhd.(JSB) , a wholly owned subsidiary of the company for the sum of RM391,503.31 being liquidated damages and interest of 8% per annum for failure to deliver vacant possession. Plaintiff’s application for summary judgment has been granted. Janavista Sdn Bhd has made an application to the Court of Appeal to appeal against the High Court’s decision. The Appeal is fixed for hearing on 06/12/2012. A winding-up petition has been served by Wong Yu Chiu for the claim of RM488,896.43. The winding-up petition is fixed for hearing on 20/11/2012.

      (g) A legal action was initiated against Janavista Sdn. Bhd., a wholly owned subsidiary of the Company by Lim Siew Teck for the sum of RM109,158.00 together with specific performance and damages. The trial date is fixed on 29/1/2013, 30/1/2013 and 31/1/2013.

      (h) A legal action was initiated against Janavista Sdn. Bhd., a wholly owned subsidiary of the company by CIMB Bank Berhad for a declaration that the Sale and Purchase Agreement dated 20/10/2006 is valid and Lee Won Keng and Mah Mun Pein are the legal owner of the property together with an injunction to refrain the defendants to sell, charge and/or transfer the subject property. The case is fixed for trial on 11/12/2012.

      (i) A legal action was initiated against Janavista Sdn. Bhd., a wholly owned subsidiary of the company by CIMB Bank Berhad for a declaration that the Sale and Purchase Agreement dated 16/11/2006 is valid and Muhammad Amin Cheoh Bin Abdullah is the legal owner of the property together with an injunction to retrain the defendants to sell, charge and/or transfer the subject property. The case is fixed for trial on 11/12/2012.


      (j) A legal action was initiated by Kerajaan Malaysia against Janavista Sdn Bhd (JSB), a wholly owned subsidiary of the Company for a sum of RM598,481.92 being income tax payable by JSB for the year of 2008. The court has fixed the hearing on 22/11/2012.

      This announcement is dated 29 October 2012.



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

      Announcement Type: General Announcement
      Company NameKEIN HING INTERNATIONAL BERHAD  
      Stock Name KEINHIN  
      Date Announced29 Oct 2012  
      CategoryGeneral Announcement
      Reference NoCC-121029-2DA92

      TypeAnnouncement
      SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
      RELATED PARTY TRANSACTIONS
      DescriptionKEIN HING INTERNATIONAL BERHAD ("KHIB" OR "THE COMPANY")
      - PURCHASE OF PRESS MACHINE FROM MURAMOTO TECHNICS (MALAYSIA) SDN. BHD.
      The Board of Directors of KHIB is pleased to attach herewith the Company's announcement in relation to the above matter for public release.

      Attachments

      KHIB-RPT Announcement.doc
      39 KB



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