July 16, 2010

Company announcements: BANENG, YSPSAH, SALCON, METECH, QSR, MAXBIZ, SEG

BANENG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: BANENG HOLDINGS BHD
Stock Name: BANENG
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: BANENG HOLDINGS BHD ("BANENG" OR THE "COMPANY")

PROPOSED DEBT RESTRUCTURING SCHEME; AND
PROPOSED CAPITAL RECONSTRUCTION

Contents: BANENG HOLDINGS BHD ("BANENG" OR THE "COMPANY")

PROPOSED DEBT RESTRUCTURING SCHEME; AND
PROPOSED CAPITAL RECONSTRUCTION

Attachments: Baneng - Announcement on the PDRS _Final_.pdf


YSPSAH - General Announcement

Announcement Type: General Announcement
Company Name: Y.S.P.SOUTHEAST ASIA HOLDING BERHAD
Stock Name: YSPSAH
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: Y.S.P. SOUTHEAST ASIA HOLDING BHD.
Additional Investment in a wholly-owned subsidiary, Y.S.P.SAH Investment Pte. Ltd.

Contents: The Board of Directors of Y.S.P. Southeast Asia Holding Bhd. ["YSPSAH" or "the Company"] wishes to announce that the Company had on 1 July 2010 increased its investment in its wholly-owned subsidiary, Y.S.P.SAH Investment Pte. Ltd. (incorporated in Singapore) by the subscription of 199,999 ordinary shares of SG1.00 each at par for cash in the share capital of Y.S.P.SAH Investment Pte. Ltd.

The present issued and paid-up share capital of Y.S.P.SAH Investment Pte. Ltd. is SGD200,000.00 comprising 200,000 ordinary shares of SG1.00 each fully paid-up.

This announcement is dated 16 July 2010.


SALCON - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 16/07/2010

Announcement Detail:
Date of change: 16/07/2010

Type of change: Resignation

Designation: Director

Directorate: Independent & Non Executive

Name: Tan Sri Dato' Seri Megat Najmuddin bin Datuk Seri Dr. Hj Megat Khas

Age: 65

Nationality: Malaysian

Qualifications: Bachelor of Law (Hons) Degree from National University of Singapore

Working experience and occupation: Tan Sri Dato' Seri Megat Najmuddin was a member of the High Level Finance Committee of the Ministry of Finance and Capital Market Advisory Council of the Securities Commission. He was also a member of the 2nd National Economic Consultative Council and Bank Negara's Corporate Debt Restructuring Committee. He was a long time member of Bursa Malaysia Listing Committee. He is a member of the UMNO's Disciplinary Committee. In addition, he plays an active role in the Institute of Integrity Malaysia and Transparency International Malaysia. He now sits as a member of the Advisory Board of Malaysian Anti-Corruption Commission.

Directorship of public companies (if any): Asian Pac Holdings Berhad
Formis Resources Berhad
Tradewinds Corporation Berhad
SEG International Bhd
Majuperak Holdings Berhad
Petroliam Nasional 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


SALCON - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 16/07/2010

Announcement Detail:
Date of change: 16/07/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Non Independent & Non Executive

Name: Dato' Seri Goh Eng Toon

Age: 77

Nationality: Malaysian

Qualifications: Cambridge General Certificate of Education
Fellow of the Institute of Bankers Malaysia

Working experience and occupation: Dato' Seri Goh started his banking career with Midland Bank in the United Kingdom in the early fifties and Malayan Banking Berhad from 1960 to 1973. In 1973, he was appointed the Chief Executive Officer ("CEO") of Ban Hin Lee Bank Berhad, Director and CEO in 1978, Acting Chairman and CEO in 1986 and became its Chairman and CEO from 1990 until the merger of Ban Hin Lee Bank Berhad and Southern Bank Berhad in July 2000. He was the Director of Southern Bank Berhad and its Group: Southern Finance Berhad, SBB Mutual Berhad (formerly known as BHLB Pacific Trust Management Berhad), BHLB Asset Management Sdn Bhd and BHL Venture Berhad until 2004, when he retired from the Bank and the Group. He was also the Chairman of BHLB Trustee Berhad until December 2005.

He also served on the Board of Aviva Insurance Berhad ("Aviva") as its Chairman. He was also the Chairman of the Audit, Risk Management, Nomination and Remuneration Committees of Aviva. He retired from Aviva in September 2006 when it merged with MSIG Insurance Berhad.

Dato' Seri Goh presently serves on the Boards and as the Chairman of Rockwills Trustee Berhad and Pulau Pinang Clinic Sdn Bhd (Gleneagles Medical Centre, Penang). He is also a Director of Heng Lee & Co. Sdn Bhd and its Group of Companies. He also serves as trustee in many charitable homes, institutions and associations.

Directorship of public companies (if any): Rockwills Trustee Berhad

Family relationship with any director and/or major shareholder of the listed issuer: Dato' Seri Goh Eng Toon is a substantial shareholder of the Company by virtue of his interest in Naga Muhibah Sdn Bhd.

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: 66,709,600 ordinary shares (Indirect interest)
16,704,800 warrants (Indirect interest)

Composition of Audit Committee (Name and Directorate of members after change): Ho Tet Shin (Chairman) - Independent Non-Executive Director
Dato' Dr. Freezailah bin Che Yeom - Independent Non-Executive Director
Dato' Seri Goh Eng Toon - Non-Independent Non-Executive Director


METECH - General Announcement

Announcement Type: General Announcement
Company Name: METECH GROUP BERHAD
Stock Name: METECH
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: METECH GROUP BERHAD ("Metech" or "the Company")
- PROPOSED DISPOSAL BY METECH GROUP BERHAD OF ITS ENTIRE EQUITY INTEREST IN METECH ALUMINIUM INDUSTRIES SDN BHD ("MAI"), COMPRISING 5,100,000 �??A' CLASS ORDINARY SHARES OF RM1.00 EACH IN MAI, REPRESENTING 51% EQUITY INTEREST IN MAI TO TONG HERR RESOURCES BERHAD FOR A TOTAL CASH CONSIDERATION OF RM35,132,880.00 ("PROPOSED DISPOSAL")

Contents: With reference to the announcement dated 14 May 2010, the Board of Directors of Metech wishes to announce that the Company and Tong Herr Resources Berhad ("THR") have on 16 July 2010 agreed in writing to extend the Cut Off Date for the Vendor (as defined in the conditional sale and purchase agreement dated 14 May 2010 entered into between THR and Metech for the Proposed Disposal) to 23 July 2010.


This announcement is dated 16 July 2010.


QSR - QSR Brands Bhd ("QSR") ESTABLISHMENT OF YAYASAN AMAL BISTARI

Announcement Type: General Announcement
Company Name: QSR BRANDS BHD
Stock Name: QSR
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: QSR Brands Bhd ("QSR")

ESTABLISHMENT OF YAYASAN AMAL BISTARI

Contents: QSR wishes to inform that it has jointly with KFC Holdings (Malaysia) Bhd ("KFCH") established a non-governmental and non-profitable company, i.e. Yayasan Amal Bistari for the primary purposes of regulating and driving all Corporate Social Responsibility endeavours and programmes to be undertaken by QSR/KFCH.

The above transaction will not have any material effect on the earnings of the QSR Group for the financial year ending 31 December 2010.

None of the Directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect in the aforesaid.


MAXBIZ - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR THE "COMPANY")

-PROPOSED DISPOSALS; AND
-PROPOSED REDEMPTION OF RCSLS

(COLLECTIVELY, THE "PROPOSALS")

Contents: On behalf of Maxbiz, MIMB Investment Bank Berhad is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 16 July 2010 resolved to grant Maxbiz a further extension of time until 9 September 2010 to submit the draft circular to Bursa Securities in relation to the Proposals pursuant to an application submitted by Maxbiz on 12 July 2010.


This announcement is dated 16 July 2010.


SEG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 16/07/2010

Announcement Detail:
Type: Announcement

Subject: SEG INTERNATIONAL BERHAD ("SEGi" OR THE "COMPANY")

(I) Share split involving the subdivision of every one (1) existing ordinary share of RM1.00 each held in SEGi into two (2) ordinary shares of RM0.50 each ("Subdivided Shares") held in SEGi ("Share Split"); and

(II) Bonus issue of 71,274,204 new ordinary shares of RM0.50 each in SEGi ("Bonus Shares") to be credited as fully paid up on the basis of two (2) Bonus Shares for every five (5) existing Shares ("Bonus Issue").

Contents: Further to the Company's earlier announcements in relation to the Share Split and Bonus Issue, Kenanga Investment Bank Berhad ("KIBB"), on behalf of the Board of Directors of SEGi, is pleased to announce that the Share Split and Bonus Issue was completed on 15 July 2010.

This announcement is dated 16 July 2010.



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