July 29, 2010

Company announcements: IRIS, FONICS, AMDB, BJTOTO-CE, SDRED, KLK-CH, AFG, SEAL, GENM-CJ

IRIS - General Announcement

Announcement Type: General Announcement
Company Name: IRIS CORPORATION BERHAD (ACE Market)
Stock Name: IRIS
Date Announced: 29/07/2010

Announcement Detail:
Type: Announcement

Subject: ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF IRIS LAND SDN. BHD. (FORMERLY KNOWN AS PEAK STRUCTURE SDN BHD) ("ACQUISITION")

Contents: Type :General Announcement


Subject : IRIS CORPORATION BERHAD ("ICB" OR THE "COMPANY")


ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF IRIS LAND SDN. BHD. (FORMERLY KNOWN AS PEAK STRUCTURE SDN BHD) ("ACQUISITION")




Contents:


1. INTRODUCTION


The Board of Directors of ICB ("Board") is pleased to announce that the Company had on 27 July 2010, acquired two (2) ordinary shares of RM1.00 each in IRIS Land Sdn. Bhd. (formerly known as Peak Structure Sdn Bhd) ("IRIS Land"), representing its entire issued and paid-up share capital for a total cash consideration of RM 2.00 as at 27 July 2010. With the Acquisition, IRIS Land has now effectively become the wholly-owned subsidiary of ICB.




2. INFORMATION ON IRIS LAND


IRIS Land was incorporated in Malaysia on 26 March 2010 under the Companies Act 1965 as a private limited company under the name of Peak Structure Sdn Bhd. Subsequently, it assumed its present name on 14 July 2010.


It has an authorized share capital of RM100,000 comprising 100,000 ordinary shares of RM1.00 each, of which RM2.00 comprising two (2) ordinary shares of RM1.00 each have been issued and fully paid-up. IRIS Land is presently dormant.




3. RATIONALE FOR THE ACQUISITION [AND FUTURE PROSPECTS]


The Company wishes to explore its potential further in the business of property development. The Company believes that by doing so, the Company will be able to increase its revenue in the coming years.




4. FINANCIAL EFFECTS OF THE ACQUISITION


The Acquisition will not have any effect on the issued and paid-up share capital, substantial shareholders' shareholdings and gearing of the ICB Group for the financial year ending ("FYE") 31 December 2010.


The Acquisition is not expected to have any material effect on the net assets per share, earnings and earnings per share of the ICB Group for the FYE 31 December 2010.




5. DIRECTORS' AND/OR MAJOR SHAREHOLDERS' INTERESTS


Dato' Tan Say Jim is deemed interested in the Acquisition by virtue of him being the Director and major shareholder of ICB and IRIS Land.


Save for Dato' Tan Say Jim, none of the other directors and/or major shareholders of the Company and/or persons connected with them have any interest, whether direct or indirect, in the Acquisition.




6. STATEMENT BY DIRECTORS


The Board (save for Dato' Tan Say Jim), having considered all aspects of the Acquisition (including but not limited to the rationale and financial effects of the Acquisition), is of the opinion that the Acquisition is in the best interest of the ICB Group.



This announcement is dated 29 July 2010.


FONICS - General Announcement

Announcement Type: General Announcement
Company Name: FOTRONICS CORPORATION BERHAD (ACE Market)
Stock Name: FONICS
Date Announced: 29/07/2010

Announcement Detail:
Regularisation Sponsor: M&A Securities Sdn Bhd

Sponsor: Same as above

Type: Announcement

Subject: FOTRONICS CORPORATION BERHAD ("FOTRONICS" or "the Company")
- QUALIFICATION IN AUDITORS' REPORT FOR THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31 MARCH 2010 ("AFS 31 MARCH 2010")

Contents: Pursuant to Rule 9.19(38) of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") for the ACE Market, the Board of Directors of FOTRONICS wishes to inform that Messrs. CroweHorwath, the External Auditors of the Company, had expressed a qualified opinion in their Auditors' Report for the AFS 31 March 2010.


AMDB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Submitting Merchant Bank: N/A
Company Name: AMDB BERHAD
Stock Name: AMDB
Date Announced: 29/07/2010

Announcement Detail:
Date of buy back: 29/07/2010

Description of shares purchased: Ordinary shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 5,000

Minimum price paid for each share purchased ($$): 0.385

Maximum price paid for each share purchased ($$): 0.385

Total consideration paid ($$): 1,967.58

Number of shares purchased retained in treasury (units): 5,000

Cumulative net outstanding treasury shares as at to-date (units): 229,100

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.04


BJTOTO-CE - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: BJTOTO-CE: CW BERJAYA SPORTS TOTO BERHAD (OSK)
Stock Name: BJTOTO-CE
Date Announced: 29/07/2010

Announcement Detail:
Type: Announcement

Subject: OSK INVESTMENT BANK BERHAD ("OSK")

EXPIRY OF NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BERJAYA SPORTS TOTO BERHAD ("BJTOTO") ("BJTOTO-CE")

Contents: EXPIRY OF NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BERJAYA SPORTS TOTO BERHAD ("BJTOTO") ("BJTOTO-CE")


SDRED - Selangor Dredging Berhad - Notice of Forty-Ninth Annual General Meeting

Announcement Type: General Announcement
Company Name: SELANGOR DREDGING BERHAD
Stock Name: SDRED
Date Announced: 29/07/2010

Announcement Detail:
Type: Announcement

Subject: Selangor Dredging Berhad
- Notice of Forty-Ninth Annual General Meeting

Contents: Selangor Dredging Berhad ("the Company") wishes to inform that the Forty-Ninth Annual General Meeting ("AGM") of the Company will be held at the Ballroom, Hotel Maya Kuala Lumpur, 138, Jalan Ampang, 50450 Kuala Lumpur on Thursday, 26 August 2010 at 9.00 a.m.

Please refer to the attachment for the Notice of the AGM.

Attachments: SDB ad10.pdf


SDRED - First and Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: SELANGOR DREDGING BERHAD
Stock Name: SDRED
Date Announced: 29/07/2010

Announcement Detail:
EX-date: 27/08/2010

Entitlement date: 01/09/2010

Entitlement time: 05:00:00 PM

Entitlement subject: First and Final Dividend

Entitlement description: First and Final Dividend of 4% less tax at 25%

Period of interest payment: to

Financial Year End: 31/03/2010

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: Tricor Investor Services Sdn. Bhd.
Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur

Payment date: 09/09/2010

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 01/09/2010

Entitlement indicator: Percentage

Entitlement in percentage (%): 4


KLK-CH - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: KLK-CH: CW KUALA LUMPUR KEPONG BERHAD (OSK)
Stock Name: KLK-CH
Date Announced: 29/07/2010

Announcement Detail:
Type: Announcement

Subject: OSK INVESTMENT BANK BERHAD ("OSK")

EXPIRY OF NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF KUALA LUMPUR KEPONG BERHAD ("KLK") ("KLK-CH")

Contents: EXPIRY OF NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF KUALA LUMPUR KEPONG BERHAD ("KLK") ("KLK-CH")


AFG - 44th ANNUAL GENERAL MEETING OF ALIANCE FINANCIAL GROUP BERHAD

Announcement Type: General Announcement
Company Name: ALLIANCE FINANCIAL GROUP BERHAD
Stock Name: AFG
Date Announced: 29/07/2010

Announcement Detail:
Type: Announcement

Subject: 44th ANNUAL GENERAL MEETING OF ALIANCE FINANCIAL GROUP BERHAD

Contents: The Board of Directors of Alliance Financial Group Berhad ("Company") is pleased to announce that the following resolutions have been passed by the shareholders at the 44th Annual General Meeting of the Company held on 29 July 2010:

1. That the Audited Financial Statements for the financial year ended 31 March 2010 together with the Reports of the Directors and Auditors be received.

2. That the increase and payment of Directors' fees in respect of the financial year ended 31 March 2010 be approved.

3. That Mr Stephen Geh Sim Whye who retires in accordance with Article 82 of the Company's Articles of Association be re-elected as Director of the Company.

4. That Mr Phoon Siew Heng who retires in accordance with Article 82 of the Company's Articles of Association be re-elected as Director of the Company.

5. That Mr Ou Shian Waei who retires in accordance with Article 89 of the Company's Articles of Association be re-elected as Director of the Company.

6. That Messrs PricewaterhouseCoopers be re-appointed as Auditors of the Company at a remuneration to be fixed by the Directors and to hold office until the conclusion of the next Annual General Meeting of the Company.

7. That Dato' Thomas Mun Lung Lee, a Director who vacates his office pursuant to Section 129 of the Companies Act, 1965 be and is hereby re-appointed as Director of the Company to hold office until the conclusion of the next Annual General Meeting of the Company.

8. That the existing Article 146 of the Articles of Association of the Company be deleted in its entirety and substituted thereof with a new Article 146 as follows:

Existing Article 146

Payment by cheque

Any dividend, interest or other money payable in cash in respect of shares may be paid by cheque or warrant, sent through the post directed to the registered address of the holder or to such person and to such address as the holder may in writing direct. Every such cheque or warrant shall be made payable to the order of the person to whom it is sent, and the payment of any such cheque or warrant shall operate as a good discharge to the Company in respect of the money represented thereby, notwithstanding that it may subsequently appear that the same has been stolen or that the endorsement thereon has been forged. Every such cheque or warrant shall be sent at the risk of the person entitled to the money thereby represented.

New Article 146

Payment by cheque or electronic transfer of remittance

Any dividend, interest or other money payable in cash in respect of shares may be paid by cheque or warrant sent through the post directed to the registered address of the holder or paid via electronic transfer of remittance to the bank account provided by the holder who is named on the Register and/or Record of Depositors. Every such cheque or warrant or electronic transfer of remittance shall be made payable to the order of the person to whom it is sent or remitted, and the payment of any such cheque or warrant or electronic transfer of remittance shall operate as a good discharge to the Company in respect of the money represented thereby, notwithstanding that it may subsequently appear that the same has been stolen or the instruction for the electronic transfer of remittance or that the endorsement thereon has been forged. Every such cheque or warrant or electronic transfer of remittance shall be sent or remitted at the risk of the person entitled to the money thereby represented."



This announcement is dated 29 July 2010.


SEAL - Log Production of the Group for the Month of June 2010

Announcement Type: General Announcement
Company Name: SEAL INCORPORATED BERHAD
Stock Name: SEAL
Date Announced: 29/07/2010

Announcement Detail:
Type: Announcement

Subject: Log Production of the Group for the Month of June 2010

Contents: The Board of Directors of Seal Incorporated Berhad is pleased to announce that the log production of the Group for the month of June 2010 was 6,692 cubic metres.

This announcement is dated 29 July 2010


GENM-CJ - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Name: GENM-CJ: CW GENTING MALAYSIA BERHAD (OSK)
Stock Name: GENM-CJ
Date Announced: 29/07/2010

Announcement Detail:
Type: Announcement

Subject: OSK INVESTMENT BANK BERHAD ("OSK")

EXPIRY OF NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING MALAYSIA BERHAD (FORMERLY KNOWN AS RESORTS WORLD BERHAD) ("GENM") ("GENM-CJ")

Contents: EXPIRY OF NON-COLLATERALISED AMERICAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING MALAYSIA BERHAD (FORMERLY KNOWN AS RESORTS WORLD BERHAD) ("GENM") ("GENM-CJ")



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