3A - PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.20 EACH OF UP TO TEN PERCENT (10%) IN 3A
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: THREE-A RESOURCES BERHAD
Stock Name: 3A
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.20 EACH OF UP TO TEN PERCENT (10%) IN 3A
Contents: This announcement is dated 7 July 2010.
We refer to the announcement dated 2 July 2010 in respect of the Proposed Private Placement ("Announcement"). Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcement.
On behalf of the Board of Directors of 3A, AmInvestment Bank Berhad, a member of the AmInvestment Bank Group, ("AmInvestment Bank") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 6 July 2010, approved the listing of up to 36,960,000 new ordinary shares of RM0.20 each in 3A to be issued pursuant to the Proposed Private Placement, representing up to ten percent (10%) of the existing issued and paid-up share capital of 3A.
As at the date of this announcement, the Company has obtained all the relevant approvals required for the Proposed Private Placement.
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: THREE-A RESOURCES BERHAD
Stock Name: 3A
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.20 EACH OF UP TO TEN PERCENT (10%) IN 3A
Contents: This announcement is dated 7 July 2010.
We refer to the announcement dated 2 July 2010 in respect of the Proposed Private Placement ("Announcement"). Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcement.
On behalf of the Board of Directors of 3A, AmInvestment Bank Berhad, a member of the AmInvestment Bank Group, ("AmInvestment Bank") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 6 July 2010, approved the listing of up to 36,960,000 new ordinary shares of RM0.20 each in 3A to be issued pursuant to the Proposed Private Placement, representing up to ten percent (10%) of the existing issued and paid-up share capital of 3A.
As at the date of this announcement, the Company has obtained all the relevant approvals required for the Proposed Private Placement.
KRETAM - June 2010 Production Figures
Announcement Type: General Announcement
Company Name: KRETAM HOLDINGS BERHAD
Stock Name: KRETAM
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: June 2010 Production Figures
Contents: June 2010 Production Figures of Kretam Holdings Berhad Group:-
FFB Production 18,424 MT
CPO Production 0 MT
Palm Kernel Production 0 MT
Company Name: KRETAM HOLDINGS BERHAD
Stock Name: KRETAM
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: June 2010 Production Figures
Contents: June 2010 Production Figures of Kretam Holdings Berhad Group:-
FFB Production 18,424 MT
CPO Production 0 MT
Palm Kernel Production 0 MT
SCIB - OUTSTANDING RELATED PARTY RECEIVABLES
Announcement Type: General Announcement
Company Name: SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name: SCIB
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: OUTSTANDING RELATED PARTY RECEIVABLES
Contents: Pursuant to Paragraph 2.23 of the Main Market Listing Requirements, Sarawak Consolidated Industries Berhad wishes to announce that the outstanding Recurrent Related Party Transaction ("RRPT") receivables as at the first quarter ended 31 March 2010 is as outlined in the table below.
Action taken or proposed to be taken to recover the debts:
1. Reminder letters sent out to related parties.
2. Follow up session carried out through visits to related parties.
3. Proposed settlement of outstanding amount through several separate payments by related parties.
Expected timeframe to fully recover the debts:
1. Outstanding amount exceeded credit term of more than one (1) year but less than three (3) years are expected to be fully recovered by September 2010.
Company Name: SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name: SCIB
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: OUTSTANDING RELATED PARTY RECEIVABLES
Contents: Pursuant to Paragraph 2.23 of the Main Market Listing Requirements, Sarawak Consolidated Industries Berhad wishes to announce that the outstanding Recurrent Related Party Transaction ("RRPT") receivables as at the first quarter ended 31 March 2010 is as outlined in the table below.
Action taken or proposed to be taken to recover the debts:
1. Reminder letters sent out to related parties.
2. Follow up session carried out through visits to related parties.
3. Proposed settlement of outstanding amount through several separate payments by related parties.
Expected timeframe to fully recover the debts:
1. Outstanding amount exceeded credit term of more than one (1) year but less than three (3) years are expected to be fully recovered by September 2010.
MAXBIZ - General Announcement
Announcement Type: General Announcement
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- WINDING UP PETITION (NO. 28 NCC-459-2010) SERVED ON M.K.K INDUSTRIES SDN. BHD. (MKK), A WHOLLY-OWNED SUBSIDIARY OF MAXBIZ CORPORATION BERHAD
Contents: We act for and on behalf of MAXBIZ.
Further to MAXBIZ's announcement made on 5 July 2010, the Board of Directors of MAXBIZ wishes to announce the following:-
1) MKK is a major subsidiary of MAXBIZ.
2) Inno-Option Sdn. Bhd. is a substantial shareholder holding 16,199,487 shares (11.39%) in MAXBIZ.
3) The total cost of investment in MKK is RM53,640,000.00.
4) The amount of losses expected to be incurred due to the Winding Up Petition is approximately USD660,000.00 excluding interest.
5) Intertrad Limited T/A Sclavos International is the vendor for the Sclavos machine in MKK's fixed assets list. MKK's fixed asset list indicates that this machine has been fully paid prior to the listing of MAXBIZ in 2004. This machine can be sold and the proceeds utilised to pay off the debt due to Intertrad Limited T/A Sclavos International.
This announcement is dated 7 July 2010.
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 07/07/2010
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- WINDING UP PETITION (NO. 28 NCC-459-2010) SERVED ON M.K.K INDUSTRIES SDN. BHD. (MKK), A WHOLLY-OWNED SUBSIDIARY OF MAXBIZ CORPORATION BERHAD
Contents: We act for and on behalf of MAXBIZ.
Further to MAXBIZ's announcement made on 5 July 2010, the Board of Directors of MAXBIZ wishes to announce the following:-
1) MKK is a major subsidiary of MAXBIZ.
2) Inno-Option Sdn. Bhd. is a substantial shareholder holding 16,199,487 shares (11.39%) in MAXBIZ.
3) The total cost of investment in MKK is RM53,640,000.00.
4) The amount of losses expected to be incurred due to the Winding Up Petition is approximately USD660,000.00 excluding interest.
5) Intertrad Limited T/A Sclavos International is the vendor for the Sclavos machine in MKK's fixed assets list. MKK's fixed asset list indicates that this machine has been fully paid prior to the listing of MAXBIZ in 2004. This machine can be sold and the proceeds utilised to pay off the debt due to Intertrad Limited T/A Sclavos International.
This announcement is dated 7 July 2010.
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