July 15, 2010

Company announcements: IJM, SIME, NAMFATT, NIKKO, ATIS, ARREIT, IJMLAND, DIALOG, SUNCRN, EVERMAS

IJM - Proposed Dealing by Director's in the Securities of the Company During a Closed Period

Announcement Type: General Announcement
Company Name: IJM CORPORATION BERHAD
Stock Name: IJM
Date Announced: 15/07/2010

Announcement Detail:
Type: Announcement

Subject: Proposed Dealing by Director's in the Securities of the Company During a Closed Period

Contents: The following Director has given notice of his intention to deal in the securities of the Company during the closed period and his current holdings of the securities are as follows:-


SIME - Appointment of Dato' Mohd Bakke Salleh

Announcement Type: General Announcement
Company Name: SIME DARBY BERHAD
Stock Name: SIME
Date Announced: 15/07/2010

Announcement Detail:
Type: Announcement

Subject: Appointment of Dato' Mohd Bakke Salleh

Contents: Further to the announcement dated 14 June 2010, Sime Darby Berhad (SDB) wishes to announce that the appointment of Dato' Mohd Bakke Salleh as Acting President & Group Chief Executive takes effect on 15 July 2010. Dato' Azhar Abdul Hamid, who was the Acting Group Chief Executive prior to the appointment of Dato' Mohd Bakke Salleh, has been redesignated as Special Adviser to Acting President & Group Chief Executive.

This announcement is dated 15 July 2010.


NAMFATT - General Announcement

Announcement Type: General Announcement
Company Name: NAM FATT CORPORATION BERHAD
Stock Name: NAMFATT
Date Announced: 15/07/2010

Announcement Detail:
Type: Announcement

Subject: Nam Fatt Corporation Berhad ("Nam Fatt" or "the Company")
- Dilution of equity interest in Prinaissance Development Sdn. Bhd. ("PDSB"), a wholly-owned subsidiary of the Company

Contents: INTRODUCTION

Reference is made to the announcements made on 05 April 2007 and 09 April 2007 pertaining to the Joint Venture Agreement entered into between Trans Penang Inns Sdn. Bhd. ("TPISB") and PDSB for the development of fifty (50 units luxury condominium together with ancillary facilities ("the Project").

The Board wishes to announce that PDSB has on 01 July 2010 entered into a Supplemental Joint Venture Agreement ("SJVA") with TPISB whereby TPISB has agreed to convert Ringgit Malaysia One Million Seven Hundred and Fifty Thousand (RM1,750,000.00) only, being part of the outstanding advance granted by TPISB to PDSB, into equity in PDSB by the allotment and issuance of One Million Seven Hundred and Fifty Thousand (1,750,000) new ordinary shares of par value RM1.00 each in PDSB credited as fully paid-up.

PDSB has on 08 July 2010 allot and issue One Million Seven Hundred and Fifty Thousand (1,750,000) new ordinary shares of par value RM1.00 each ("the Said Shares") to TPISB in PDSB ("the Transaction"). As a result thereto, the Company's equity interest in PDSB was diluted from 100% to 12.5% and accordingly, PDSB ceased to be a subsidiary of the Company.


NIKKO - NIKKO ELECTRONICS BERHAD TO BE DE-LISTED

Announcement Type: Listing Circular
Company Name: NIKKO ELECTRONICS BHD.
Stock Name: NIKKO
Date Announced: 15/07/2010

Announcement Detail:
Subject: NIKKO ELECTRONICS BERHAD TO BE DE-LISTED

Contents: The securities of Nikko Electronics Berhad ("NIKKO" or "the Company"), an Amended PN17 Company will be de-listed and removed from the Official List of Bursa Securities on Tuesday, 27 July 2010. .

The de-listing of NIKKO is in accordance to the decision of Bursa Securities announced by the Company on 23 October 2009. It is noted that the Securities Commission had vide its letter dated 24 June 2010 rejected NIKKO's proposed restructuring scheme and the Company's board of directors had decided not to appeal against the said decision of the Securities Commission as announced by the Company on 14 July 2010.


Effect of De-listing from the Official List of Bursa Securities

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts with Bursa Depository, at anytime after the securities of the company are de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities' General Line at 03-2034 7000 for further information on the withdrawal procedures.

Upon the de-listing of NIKKO, the Company will continue to exist but as unlisted entities. NIKKO is still able to continue its operations and business and proceed with its corporate restructuring and shareholders can still be rewarded by the Company's performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.


ATIS - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: ATIS CORPORATION BERHAD
Stock Name: ATIS
Date Announced: 15/07/2010

Announcement Detail:
Type: Announcement

Subject: ATIS CORPORATION BERHAD ("ATIS")

(I) PROPOSED ACQUISITION OF 69,915,600 ORDINARY SHARES OF RM1.00 EACH ("MUTIARA SHARES") IN MUTIARA GOODYEAR DEVELOPMENT BERHAD ("MUTIARA") REPRESENTING 30.28% EQUITY INTEREST IN MUTIARA BY ATIS IDR VENTURES SDN BHD (FORMERLY KNOWN AS ELKOM TRANSFORMER COMPONENTS MARKETING SDN BHD) ("AIV"), A WHOLLY-OWNED SUBSIDIARY OF ATIS, FROM THE COMPANY FOR A TOTAL CONSIDERATION OF RM67,818,132 TO BE SATISFIED BY THE ISSUANCE OF 27,500,000 NEW ORDINARY SHARES OF RM1.00 EACH IN AIV ("AIV SHARES") AND THE REMAINING THROUGH THE ISSUANCE OF 40,318,132 FIVE (5)-YEAR 6.00% REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("AIV RCPS") AT AN ISSUE PRICE OF RM1.00 PER AIV RCPS ("PROPOSED ACQUISITION 1");

(II) PROPOSED SUBSCRIPTION OF 22,500,000 AIV SHARES BY IDEAL REGION SDN BHD ("IRSB") FOR A TOTAL CONSIDERATION OF RM22,500,000 TO BE SATISFIED BY CASH OR MUTIARA SHARES OR COMBINATION OF CASH AND MUTIARA SHARES EQUIVALENT TO THE TOTAL VALUE OF RM22,500,000 ("PROPOSED SUBSCRIPTION");

(III) PROPOSED ACQUISITION OF 27,712,100 MUTIARA SHARES REPRESENTING 12.00% EQUITY INTEREST IN MUTIARA BY AIV FROM KEE CHENG TEIK ("KCT") AND REJOICE MATRIX SDN BHD ("RMSB") FOR A TOTAL CASH CONSIDERATION OF RM26,880,737 ("PROPOSED ACQUISITION 2");

(IV) PROPOSED GENERAL MANDATE FROM THE SHAREHOLDERS OF ATIS TO ALLOW AIV TO ACQUIRE UP TO 20,000,000 MUTIARA SHARES REPRESENTING 8.66% EQUITY INTEREST IN MUTIARA ("PROPOSED MANDATE"); AND

(V) PROPOSED MANDATORY GENERAL OFFER FOR ALL THE MUTIARA SHARES NOT ALREADY OWNED BY AIV AND ITS PARTIES ACTING IN CONCERT PURSUANT TO THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("PROPOSED MGO").

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

Contents: We refer to the announcements made by Maybank Investment Bank Berhad ("Maybank IB") on behalf of the Board of Directors of ATIS ("Board") on 23 April 2010, 17 May 2010 and 2 July 2010 in relation to the Proposals.

On behalf of ATIS, Maybank IB wishes to announce that ATIS, AIV and IRSB and AIV, KCT and RMSB had mutually agreed to extend the period for the fulfillment of the conditions precedent contained in both the Subscription Agreement ("SA") and the Share Sale Agreement ("SSA") respectively to 30 September 2010. Save and except for the above, all the provisions in the SA and SSA shall continue to apply and preserved.

Further, Maybank IB, on behalf of the Board, also wishes to announce that we had on 15 July 2010 submitted the valuation reports on the material real estates of Mutiara prepared by Messrs. Jones Lang Wootton (Proprietor: Singham Sulaiman Sdn Bhd) ("JLW") and Messrs. KGV-Lambert Smith Hampton (Pg) Sdn Bhd ("KGV") to Bursa Malaysia Securities Berhad ("Bursa Securities") in addition to the valuation report prepared by Messrs. Rahim & Co. Chartered Surveyors Sdn Bhd ("Rahim & Co.") which was submitted to Bursa Securities on 30 June 2010. JLW, KGV and Rahim & Co. are the independent valuers appointed by AIV in relation to the valuation of the material real estates of Mutiara.

The announcement is dated 15 July 2010.


ARREIT - Income Distribution

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: AMANAHRAYA REAL ESTATE INVESTMENT TRUST
Stock Name: ARREIT
Date Announced: 15/07/2010

Announcement Detail:
EX-date: 27/07/2010

Entitlement date: 29/07/2010

Entitlement time: 04:00:00 PM

Entitlement subject: Income Distribution

Entitlement description: Second Income Distribution of 1.9997 sen per ARREIT unit (taxable of 1.6242 sen per unit and tax-exempt of 0.3755 sen per unit) for the statutory financial period ended 30 June 2010

Period of interest payment: to

Financial Year End: 31/12/2010

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 no: Symphony Share Registrars Sdn Bhd
Level 6 Symphony House
Block D13 Pusat Dagangan Dana 1
Jalan PJU1A/46 47301 Petaling Jaya
Selangor Darul Ehsan

Payment date: 26/08/2010

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 29/07/2010

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.019997


IJMLAND - Proposed Dealing by Director's in the Securities of the Company During a Closed Period

Announcement Type: General Announcement
Company Name: IJM LAND BERHAD
Stock Name: IJMLAND
Date Announced: 15/07/2010

Announcement Detail:
Type: Announcement

Subject: Proposed Dealing by Director's in the Securities of the Company During a Closed Period

Contents: The following Director has given notice of his intention to deal in the securities of the Company during the closed period and his current holdings of the securities are as follows:-


DIALOG - General Announcement

Announcement Type: General Announcement
Company Name: DIALOG GROUP BERHAD
Stock Name: DIALOG
Date Announced: 15/07/2010

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN SECURITIES DURING CLOSED PERIOD
(AS STIPULATED UNDER CHAPTER 14 OF THE LISTING REQUIREMENTS)

Contents: This announcement is made on behalf of the following Director of Dialog Group Berhad ("DIALOG"), who has indicated to the Company of his intention to deal in DIALOG shares, either under his own name or through a party connected to him as listed in the table below, during the closed period up to the date of announcement of DIALOG's Unaudited Fourth Quarter Financial Results for the financial year ended 30 June 2010.


SUNCRN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD
Stock Name: SUNCRN
Date Announced: 15/07/2010

Announcement Detail:
Date of buy back: 15/07/2010

Description of shares purchased: Ordinary shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 45,500

Minimum price paid for each share purchased ($$): 1.850

Maximum price paid for each share purchased ($$): 1.860

Total consideration paid ($$): 85,192.83

Number of shares purchased retained in treasury (units): 45,500

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 1,132,500

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 (%): 2.77


EVERMAS - General Announcement

Announcement Type: General Announcement
Company Name: EVERMASTER GROUP BERHAD
Stock Name: EVERMAS
Date Announced: 15/07/2010

Announcement Detail:
Type: Announcement

Subject: HIGH COURT IN SABAH AND SARAWAK AT KOTA KINABALU APPLICATION FOR JUDICIAL REVIEW NO. JRK 25-21 OF 2010-II

EVERMASTER GROUP BERHAD (Receiver and Manager Appointed) (Company No. 334221-A) ("the Company") �?� APPLICANT

BURSA MALAYSIA SECURITIES BERHAD (Company No. 635998-W) �?� RESPONDENT

Contents: Reference is made to the Company's announcements dated 7 June 2010 and 1 July 2010, respectively.

The Board of Directors of the Company wishes to announce that the hearing of the Judicial Review which was previously re-scheduled to 14 July 2010 is now further re-scheduled to 17 August 2010 at 9.00 a.m. at the High Court in Sabah and Sarawak at Kota Kinabalu, Sabah.

This announcement is dated 15 July 2010.



No comments:

Post a Comment