July 14, 2010

Company announcements: MTD, MAXBIZ

MTD - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MTD CAPITAL BHD
Stock Name: MTD
Date Announced: 14/07/2010

Announcement Detail:
Date of buy back: 14/07/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 1,620,900

Minimum price paid for each share purchased ($$): 4.920

Maximum price paid for each share purchased ($$): 5.000

Total consideration paid ($$): 8,091,208.62

Number of shares purchased retained in treasury (units): 1,620,900

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

Cumulative net outstanding treasury shares as at to-date (units): 24,153,532

Adjusted issued capital after cancellation (no. of shares) (units): 275,000,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 8.78


MAXBIZ - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 14/07/2010

Announcement Detail:
Type: Announcement

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

- PROPOSED DISPOSALS; AND
- PROPOSED REDEMPTION OF RCSLS

(COLLECTIVELY, THE "PROPOSALS")

Contents: The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 10 February 2010 in relation to the Proposals.

Further to Maxbiz's announcement dated 13 July 2010 regarding the Proposals, MIMB Investment Bank Berhad, on behalf of the Company, wishes to announce that the RCSLS shall be redeemed via the proceeds from the Proposed Disposals. Due to the lower reserve prices obtained by Pacific Trustees Berhad for the proclamations of sale for the subject properties, JPC has revised certain terms and conditions, which includes the revised offer price for the subject properties to approximately RM19.8 million.

Maxbiz is currently in discussion with JPC as well as the RCSLS holders to finalise the terms and conditions regarding the Proposed Disposals.

As provided by CDRC, the RCSLS holders that agreed to redeem the RCSLS are as shown in Table 1 below.

This announcement is dated 14 July 2010.



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