P&O - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: PACIFIC & ORIENT BERHAD
Stock Name: P&O
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 01/06/2010
Date of buy back to: 01/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 1.200
Maximum price paid for each share purchased ($$): 1.200
Total amount paid for shares purchased ($$): 1,242.36
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 1,000
Total number of shares retained in treasury (units): 1,414,154
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: Pacific & Orient Berhad
Company Name: PACIFIC & ORIENT BERHAD
Stock Name: P&O
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 01/06/2010
Date of buy back to: 01/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 1.200
Maximum price paid for each share purchased ($$): 1.200
Total amount paid for shares purchased ($$): 1,242.36
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 1,000
Total number of shares retained in treasury (units): 1,414,154
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: Pacific & Orient Berhad
SINDORA - PROPOSED ACQUISITION OF SHARES IN MIT INSURANCE BROKERS SDN BHD ("PROPOSED ACQUISITION")
Announcement Type: General Announcement
Company Name: SINDORA BERHAD
Stock Name: SINDORA
Date Announced: 11/06/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED ACQUISITION OF SHARES IN MIT INSURANCE BROKERS SDN BHD ("PROPOSED ACQUISITION")
Contents: 1. INTRODUCTION
The Board of Directors of Sindora Berhad ("SB" or "Company" or "Purchaser") is pleased to announce that the Company had on 11 June 2010 entered into a Sale & Purchase Agreement ("SPA") with the following vendors in relation to the sale and purchase of ordinary shares of par value RM1.00 each in MIT Insurance Brokers Sdn Bhd ("MIT") as per table below.
The cash required for the Proposed Acquisition will be financed using internally generated funds and is expected to be completed within the 3rd Quarter of 2010. SB shall not be assuming any liabilities or guarantees pursuant to this transaction.
2. RATIONALE OF THE PROPOSED ACQUISITION
Pursuant to SB's disposal of its entire 40% equity interest in an insurance broker, Willis (Malaysia) Sdn Bhd in July 2009, the Company has identified MIT as an ideal company to pursue its venture into the insurance brokerage business. The Proposed Acquisition would also enable SB to expand its Intrapeneur Venture Business.
3. SALIENT TERMS OF THE SPA
The purchase consideration was arrived at based on a willing buyer and willing seller basis after taking into account MIT's future earnings potential. The purchase consideration shall be paid to the vendors in the following manner:
(a) A 10% deposit shall be paid to the Purchaser's Solicitors to be held as stakeholder upon execution of the SPA; and
(b) The balance consideration shall be paid to the vendors on completion date.
The SPA is conditional on the following:
(a) Approval by Bank Negara Malaysia ("BNM") to execute the SPA and transfer of shares by the vendors to the Purchaser;
(b) The vendors obtaining letter of waiver from the other shareholders waiving their pre-emption rights in respect of the transactions and giving their
consent to the transactions, if required;
(c) Approval by the Board of Directors of SB for the Proposed Acquisition and the entry by the Purchaser into the SPA; and
(d) SB receiving written confirmation from Raja Zailan Putra Bin Raja Azam agreeing to be retained as the Chief Executive Officer of MIT.
4. INFORMATION ON MIT
MIT is a private company limited by shares incorporated in Malaysia under the Companies Act 1965. The Company has an authorised share capital of RM5,000,000 comprising of RM4,000,000 in ordinary shares divided into 4,000,000 ordinary shares of par value RM1.00 each and RM1,000,000 in Redeemable Cumulative Preference Shares ("RCPS") divided into 1,000,000 RCPS of par value RM1.00 each, of which 1,250,000 ordinary shares have been issued and are fully paid-up.
MIT is principally engaged in insurance brokerage business.
5. EFFECTS OF THE PROPOSED ACQUISITION
The Proposed Acquisition will not have any effects on the issued and paid-up share capital as well as shareholdings of the major shareholders of SB since it does not involve any issuance of new shares by SB.
The transaction is not expected to have any material effect on the earnings, net tangible assets and gearing of the SB Group. However, it is expected to contribute positively to SB Group's future earnings.
6. DISCLOSURE OF INTERESTS
None of the directors, major shareholders and person connected with them, have any interest, direct or indirect, in the Proposed Acquisition.
7. RECOMMENDATION BY DIRECTORS
After taking account all aspects of the Proposed Acquisition, including the rationale set out in Section 2 herein, the Board of Directors of SB is of the opinion that the Proposed Acquisition is in the best interest of the Company.
This announcement is dated 11 June 2010.
Company Name: SINDORA BERHAD
Stock Name: SINDORA
Date Announced: 11/06/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED ACQUISITION OF SHARES IN MIT INSURANCE BROKERS SDN BHD ("PROPOSED ACQUISITION")
Contents: 1. INTRODUCTION
The Board of Directors of Sindora Berhad ("SB" or "Company" or "Purchaser") is pleased to announce that the Company had on 11 June 2010 entered into a Sale & Purchase Agreement ("SPA") with the following vendors in relation to the sale and purchase of ordinary shares of par value RM1.00 each in MIT Insurance Brokers Sdn Bhd ("MIT") as per table below.
The cash required for the Proposed Acquisition will be financed using internally generated funds and is expected to be completed within the 3rd Quarter of 2010. SB shall not be assuming any liabilities or guarantees pursuant to this transaction.
2. RATIONALE OF THE PROPOSED ACQUISITION
Pursuant to SB's disposal of its entire 40% equity interest in an insurance broker, Willis (Malaysia) Sdn Bhd in July 2009, the Company has identified MIT as an ideal company to pursue its venture into the insurance brokerage business. The Proposed Acquisition would also enable SB to expand its Intrapeneur Venture Business.
3. SALIENT TERMS OF THE SPA
The purchase consideration was arrived at based on a willing buyer and willing seller basis after taking into account MIT's future earnings potential. The purchase consideration shall be paid to the vendors in the following manner:
(a) A 10% deposit shall be paid to the Purchaser's Solicitors to be held as stakeholder upon execution of the SPA; and
(b) The balance consideration shall be paid to the vendors on completion date.
The SPA is conditional on the following:
(a) Approval by Bank Negara Malaysia ("BNM") to execute the SPA and transfer of shares by the vendors to the Purchaser;
(b) The vendors obtaining letter of waiver from the other shareholders waiving their pre-emption rights in respect of the transactions and giving their
consent to the transactions, if required;
(c) Approval by the Board of Directors of SB for the Proposed Acquisition and the entry by the Purchaser into the SPA; and
(d) SB receiving written confirmation from Raja Zailan Putra Bin Raja Azam agreeing to be retained as the Chief Executive Officer of MIT.
4. INFORMATION ON MIT
MIT is a private company limited by shares incorporated in Malaysia under the Companies Act 1965. The Company has an authorised share capital of RM5,000,000 comprising of RM4,000,000 in ordinary shares divided into 4,000,000 ordinary shares of par value RM1.00 each and RM1,000,000 in Redeemable Cumulative Preference Shares ("RCPS") divided into 1,000,000 RCPS of par value RM1.00 each, of which 1,250,000 ordinary shares have been issued and are fully paid-up.
MIT is principally engaged in insurance brokerage business.
5. EFFECTS OF THE PROPOSED ACQUISITION
The Proposed Acquisition will not have any effects on the issued and paid-up share capital as well as shareholdings of the major shareholders of SB since it does not involve any issuance of new shares by SB.
The transaction is not expected to have any material effect on the earnings, net tangible assets and gearing of the SB Group. However, it is expected to contribute positively to SB Group's future earnings.
6. DISCLOSURE OF INTERESTS
None of the directors, major shareholders and person connected with them, have any interest, direct or indirect, in the Proposed Acquisition.
7. RECOMMENDATION BY DIRECTORS
After taking account all aspects of the Proposed Acquisition, including the rationale set out in Section 2 herein, the Board of Directors of SB is of the opinion that the Proposed Acquisition is in the best interest of the Company.
This announcement is dated 11 June 2010.
KONSORT - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: KONSORTIUM LOGISTIK BERHAD
Stock Name: KONSORT
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 03/06/2010
Date of buy back to: 10/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 110,000
Minimum price paid for each share purchased ($$): 1.280
Maximum price paid for each share purchased ($$): 1.310
Total amount paid for shares purchased ($$): 141,706.91
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 110,000
Total number of shares retained in treasury (units): 10,152,829
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: Konsortium Logistik Berhad (89243-A)
Company Name: KONSORTIUM LOGISTIK BERHAD
Stock Name: KONSORT
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 03/06/2010
Date of buy back to: 10/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 110,000
Minimum price paid for each share purchased ($$): 1.280
Maximum price paid for each share purchased ($$): 1.310
Total amount paid for shares purchased ($$): 141,706.91
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 110,000
Total number of shares retained in treasury (units): 10,152,829
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: Konsortium Logistik Berhad (89243-A)
KONSORT - General Announcement
Announcement Type: General Announcement
Company Name: KONSORTIUM LOGISTIK BERHAD
Stock Name: KONSORT
Date Announced: 11/06/2010
Announcement Detail:
Type: Announcement
Subject: KONSORTIUM LOGISTIK BERHAD ("KONSORTIUM" OR "THE COMPANY")
- NOTIFICATION OF DEALINGS IN SECURITIES BY DIRECTOR OUTSIDE CLOSED PERIOD
Contents: We wish to announce that Mr. Loo Hooi Keat, a Director of the Company, has on 11 June 2010 informed the Company of his dealing in the securities of the Company as per the table below.
Company Name: KONSORTIUM LOGISTIK BERHAD
Stock Name: KONSORT
Date Announced: 11/06/2010
Announcement Detail:
Type: Announcement
Subject: KONSORTIUM LOGISTIK BERHAD ("KONSORTIUM" OR "THE COMPANY")
- NOTIFICATION OF DEALINGS IN SECURITIES BY DIRECTOR OUTSIDE CLOSED PERIOD
Contents: We wish to announce that Mr. Loo Hooi Keat, a Director of the Company, has on 11 June 2010 informed the Company of his dealing in the securities of the Company as per the table below.
TEKALA - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back: 11/06/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 12,000
Minimum price paid for each share purchased ($$): 0.730
Maximum price paid for each share purchased ($$): 0.730
Total consideration paid ($$): 8,760.00
Number of shares purchased retained in treasury (units): 12,000
Cumulative net outstanding treasury shares as at to-date (units): 10,809,200
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 7.07
Company Name: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back: 11/06/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 12,000
Minimum price paid for each share purchased ($$): 0.730
Maximum price paid for each share purchased ($$): 0.730
Total consideration paid ($$): 8,760.00
Number of shares purchased retained in treasury (units): 12,000
Cumulative net outstanding treasury shares as at to-date (units): 10,809,200
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 7.07
DELLOYD - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: DELLOYD VENTURES BERHAD
Stock Name: DELLOYD
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 01/06/2010
Date of buy back to: 09/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 51,100
Minimum price paid for each share purchased ($$): 2.840
Maximum price paid for each share purchased ($$): 2.880
Total amount paid for shares purchased ($$): 146,589.71
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities berhad
Number of shares purchased retained in treasury (units): 51,100
Total number of shares retained in treasury (units): 1,762,200
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: S.O.NG MANAGEMENT CONSULTANTS SDN. BHD.
Remarks: Our ref: SBB/CS/06-10/302
Company Name: DELLOYD VENTURES BERHAD
Stock Name: DELLOYD
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 01/06/2010
Date of buy back to: 09/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 51,100
Minimum price paid for each share purchased ($$): 2.840
Maximum price paid for each share purchased ($$): 2.880
Total amount paid for shares purchased ($$): 146,589.71
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities berhad
Number of shares purchased retained in treasury (units): 51,100
Total number of shares retained in treasury (units): 1,762,200
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: S.O.NG MANAGEMENT CONSULTANTS SDN. BHD.
Remarks: Our ref: SBB/CS/06-10/302
SURIA - General Announcement
Announcement Type: General Announcement
Company Name: SURIA CAPITAL HOLDINGS BERHAD
Stock Name: SURIA
Date Announced: 11/06/2010
Announcement Detail:
Type: Announcement
Subject: PRESS RELEASE ON : HANDING OVER OF SECTOR ONE OF THE RAILWAY REHABILITATION PROJECT TO KERETAPI TANAH MELAYU BERHAD (KTMB)
Contents: We wish to announce that SURIA will issue the above Press Release on 12th June 2010 for public information.
The Press Release is attached herewith.
This announcement is dated: 11th June 2010.
Announcement Authorised By:
DATUK DR. MOHD. FOWZI HAJI RAZI
Group Managing Director
Attachments: Press Release on Railway Rehabilitation Project_FINAL.doc
Company Name: SURIA CAPITAL HOLDINGS BERHAD
Stock Name: SURIA
Date Announced: 11/06/2010
Announcement Detail:
Type: Announcement
Subject: PRESS RELEASE ON : HANDING OVER OF SECTOR ONE OF THE RAILWAY REHABILITATION PROJECT TO KERETAPI TANAH MELAYU BERHAD (KTMB)
Contents: We wish to announce that SURIA will issue the above Press Release on 12th June 2010 for public information.
The Press Release is attached herewith.
This announcement is dated: 11th June 2010.
Announcement Authorised By:
DATUK DR. MOHD. FOWZI HAJI RAZI
Group Managing Director
Attachments: Press Release on Railway Rehabilitation Project_FINAL.doc
HUBLINE - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HUBLINE BERHAD
Stock Name: HUBLINE
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back: 11/06/2010
Description of shares purchased: Ordinary Shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 200,000
Minimum price paid for each share purchased ($$): 0.175
Maximum price paid for each share purchased ($$): 0.175
Total consideration paid ($$): 35,255.50
Number of shares purchased retained in treasury (units): 200,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 7,811,000
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.01
Company Name: HUBLINE BERHAD
Stock Name: HUBLINE
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back: 11/06/2010
Description of shares purchased: Ordinary Shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 200,000
Minimum price paid for each share purchased ($$): 0.175
Maximum price paid for each share purchased ($$): 0.175
Total consideration paid ($$): 35,255.50
Number of shares purchased retained in treasury (units): 200,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 7,811,000
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 (%): 0.01
HUBLINE - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: HUBLINE BERHAD
Stock Name: HUBLINE
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 31/05/2010
Date of buy back to: 10/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 3,521,000
Minimum price paid for each share purchased ($$): 0.165
Maximum price paid for each share purchased ($$): 0.175
Total amount paid for shares purchased ($$): 602,990.08
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 3,521,000
Total number of shares retained in treasury (units): 7,611,000
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: Securities Services (Holdings) Sdn Bhd
Company Name: HUBLINE BERHAD
Stock Name: HUBLINE
Date Announced: 11/06/2010
Announcement Detail:
Date of buy back from: 31/05/2010
Date of buy back to: 10/06/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 3,521,000
Minimum price paid for each share purchased ($$): 0.165
Maximum price paid for each share purchased ($$): 0.175
Total amount paid for shares purchased ($$): 602,990.08
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 3,521,000
Total number of shares retained in treasury (units): 7,611,000
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 11/06/2010
Lodged by: Securities Services (Holdings) Sdn Bhd
GTRONIC - GTRONIC-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")
Announcement Type: Listing Circular
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 11/06/2010
Announcement Detail:
Subject: GTRONIC-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovementioned Company's additional 2,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 15 June 2010.
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 11/06/2010
Announcement Detail:
Subject: GTRONIC-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovementioned Company's additional 2,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 15 June 2010.
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