UCHITEC - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: UCHI TECHNOLOGIES BERHAD
Stock Name: UCHITEC
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back: 13/07/2010
Description of shares purchased: Ordinary shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 60,000
Minimum price paid for each share purchased ($$): 1.280
Maximum price paid for each share purchased ($$): 1.280
Total consideration paid ($$): 77,222.60
Number of shares purchased retained in treasury (units): 60,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,957,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.32
Remarks: The amount paid for shares purchased is inclusive of brokerage, stamp duty and clearing house fee
Company Name: UCHI TECHNOLOGIES BERHAD
Stock Name: UCHITEC
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back: 13/07/2010
Description of shares purchased: Ordinary shares of RM0.20 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 60,000
Minimum price paid for each share purchased ($$): 1.280
Maximum price paid for each share purchased ($$): 1.280
Total consideration paid ($$): 77,222.60
Number of shares purchased retained in treasury (units): 60,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,957,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.32
Remarks: The amount paid for shares purchased is inclusive of brokerage, stamp duty and clearing house fee
SAMUDRA - Important Relevant Dates for Renounceable Rights
Announcement Type: Important Relevant Dates for Renounceable Rights
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 13/07/2010
Announcement Detail:
Title / Description: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share
Despatch Date: 29/07/2010
Remarks: The last date and time for acceptance and payment as well as the last date and time for excess application and payment may be extended as the Directors of KSTB may decide and announce not less than two (2) market days before the original closing date, subject to Bursa Malaysia Securities Berhad's approval.
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 13/07/2010
Announcement Detail:
Title / Description: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share
Despatch Date: 29/07/2010
Remarks: The last date and time for acceptance and payment as well as the last date and time for excess application and payment may be extended as the Directors of KSTB may decide and announce not less than two (2) market days before the original closing date, subject to Bursa Malaysia Securities Berhad's approval.
SAMUDRA - Rights Issue
Announcement Type: Entitlements (Notice of Book Closure)
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 13/07/2010
Announcement Detail:
EX-date: 23/07/2010
Entitlement date: 27/07/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Rights Issue
Entitlement description: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share
Period of interest payment: to
Share transfer book & register of members will be: 27/07/2010 to 27/07/2010 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Securities Services (Holdings) Sdn Bhd
Level 7, Menara Milenium
Jalan Damanlela
Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur
Tel: 03-2084 9000
Fax: 03-2094 9940 / 2095 0292
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 27/07/2010
Entitlement indicator: Ratio
Ratio: 3 : 5
Rights Issues/Offer Price: 0.3
Remarks: The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively referred to as "Documents") in relation to the Rights Issue, will be despatched on 29 July 2010 to the entitled shareholders whose names appear on the Record of Depositors on 27 July 2010. The Documents will also be available on Bursa Malaysia Securities Berhad's website (http://www.bursamalaysia.com) from 27 July 2010.
The Documents will only be sent to the entitled shareholders who have a registered address in Malaysia. Entitled shareholders who do not have a registered address in Malaysia and who wish to change their address to a Malaysian address should inform their respective stockbrokers to effect the change of address prior to 27 July 2010.
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 13/07/2010
Announcement Detail:
EX-date: 23/07/2010
Entitlement date: 27/07/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Rights Issue
Entitlement description: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share
Period of interest payment: to
Share transfer book & register of members will be: 27/07/2010 to 27/07/2010 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Securities Services (Holdings) Sdn Bhd
Level 7, Menara Milenium
Jalan Damanlela
Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur
Tel: 03-2084 9000
Fax: 03-2094 9940 / 2095 0292
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 27/07/2010
Entitlement indicator: Ratio
Ratio: 3 : 5
Rights Issues/Offer Price: 0.3
Remarks: The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively referred to as "Documents") in relation to the Rights Issue, will be despatched on 29 July 2010 to the entitled shareholders whose names appear on the Record of Depositors on 27 July 2010. The Documents will also be available on Bursa Malaysia Securities Berhad's website (http://www.bursamalaysia.com) from 27 July 2010.
The Documents will only be sent to the entitled shareholders who have a registered address in Malaysia. Entitled shareholders who do not have a registered address in Malaysia and who wish to change their address to a Malaysian address should inform their respective stockbrokers to effect the change of address prior to 27 July 2010.
SAMUDRA - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: KEJURUTERAAN SAMUDRA TIMUR BERHAD ("KSTB" or "Company")
Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB ("KSTB Shares") held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share
Contents: On behalf of the Board of Directors of KSTB ("Board"), HwangDBS Investment Bank Berhad wishes to announce that the Board has fixed the issue price of the Rights Shares at RM0.30 per Rights Share.
The issue price of the Rights Share of RM0.30 per Rights Share was determined based on the higher of the par value of the KSTB Shares of RM0.30 each and the five (5)-day volume weighted average market price of KSTB Shares up to 12 July 2010 of RM0.25.
This announcement is dated 13 July 2010.
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: KEJURUTERAAN SAMUDRA TIMUR BERHAD ("KSTB" or "Company")
Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB ("KSTB Shares") held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share
Contents: On behalf of the Board of Directors of KSTB ("Board"), HwangDBS Investment Bank Berhad wishes to announce that the Board has fixed the issue price of the Rights Shares at RM0.30 per Rights Share.
The issue price of the Rights Share of RM0.30 per Rights Share was determined based on the higher of the par value of the KSTB Shares of RM0.30 each and the five (5)-day volume weighted average market price of KSTB Shares up to 12 July 2010 of RM0.25.
This announcement is dated 13 July 2010.
SUCCESS - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back: 13/07/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 25,500
Minimum price paid for each share purchased ($$): 1.180
Maximum price paid for each share purchased ($$): 1.190
Total consideration paid ($$): 30,151.20
Number of shares purchased retained in treasury (units): 25,500
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,476,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.40
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back: 13/07/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 25,500
Minimum price paid for each share purchased ($$): 1.180
Maximum price paid for each share purchased ($$): 1.190
Total consideration paid ($$): 30,151.20
Number of shares purchased retained in treasury (units): 25,500
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,476,500
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 (%): 5.40
SIGN - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: SIGNATURE INTERNATIONAL BERHAD
Stock Name: SIGN
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: SIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY")
BONUS ISSUE OF 40,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN SIGN ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN SIGN HELD AT 5.00 P.M. ON 13 JULY 2010 ("BONUS ISSUE")
Contents: We refer to the announcements dated 9 April 2010, 31 May 2010 and 28 June 2010 pertaining to the Bonus Issue.
Pursuant thereto, on behalf of the Board of Directors of SIGN, we wish to announce that 40,000,000 Bonus Shares will be issued pursuant to the Bonus Issue.
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Wednesday, 14 July 2010.
This announcement is dated 13 July 2010.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: SIGNATURE INTERNATIONAL BERHAD
Stock Name: SIGN
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: SIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY")
BONUS ISSUE OF 40,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN SIGN ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN SIGN HELD AT 5.00 P.M. ON 13 JULY 2010 ("BONUS ISSUE")
Contents: We refer to the announcements dated 9 April 2010, 31 May 2010 and 28 June 2010 pertaining to the Bonus Issue.
Pursuant thereto, on behalf of the Board of Directors of SIGN, we wish to announce that 40,000,000 Bonus Shares will be issued pursuant to the Bonus Issue.
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Wednesday, 14 July 2010.
This announcement is dated 13 July 2010.
NGIUKEE - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 13/07/2010
Announcement Detail:
Date of change: 13/07/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Adli Syahriman Bin Ayub
Age: 36
Nationality: Malaysian
Qualifications: Registered Architect With Lembaga Arkitek Malaysia (LAM)
Pg. Dip. Architecural Studies
The Robert Gordon University, Aberdeen, Scotland, U.K
Scott Sutherland School Of Architecture
Working experience and occupation: Involved with private, corporate and government projects in Malaysia. Projects undertaken have included governmental and corporate buildings, industrial factory, institutional buildings, town site development
Directorship of public companies (if any): Nil
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
Composition of Audit Committee (Name and Directorate of members after change): Chairman:-
1. Dato' Haji Mohd Fauzi Bin Yusuf @ Mohd Yusof (Independent Non-Executive Chairman)
Members:-
2. Asrul Affendy Bin Houd (Independent Non-Executive Director)
3. Adli Syahriman Bin Ayub(Independent Non-Executive Director)
Remarks: Encik Adli Syahriman Bin Ayub is also appointed as a member of Nomination and Remuneration Committees of the Company with effect from 13 July 2010.
This announcement is dated 13 July 2010.
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 13/07/2010
Announcement Detail:
Date of change: 13/07/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Adli Syahriman Bin Ayub
Age: 36
Nationality: Malaysian
Qualifications: Registered Architect With Lembaga Arkitek Malaysia (LAM)
Pg. Dip. Architecural Studies
The Robert Gordon University, Aberdeen, Scotland, U.K
Scott Sutherland School Of Architecture
Working experience and occupation: Involved with private, corporate and government projects in Malaysia. Projects undertaken have included governmental and corporate buildings, industrial factory, institutional buildings, town site development
Directorship of public companies (if any): Nil
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
Composition of Audit Committee (Name and Directorate of members after change): Chairman:-
1. Dato' Haji Mohd Fauzi Bin Yusuf @ Mohd Yusof (Independent Non-Executive Chairman)
Members:-
2. Asrul Affendy Bin Houd (Independent Non-Executive Director)
3. Adli Syahriman Bin Ayub(Independent Non-Executive Director)
Remarks: Encik Adli Syahriman Bin Ayub is also appointed as a member of Nomination and Remuneration Committees of the Company with effect from 13 July 2010.
This announcement is dated 13 July 2010.
MTD - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: MTD CAPITAL BHD
Stock Name: MTD
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back from: 08/07/2010
Date of buy back to: 08/07/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 23,400
Minimum price paid for each share purchased ($$): 4.590
Maximum price paid for each share purchased ($$): 4.600
Total amount paid for shares purchased ($$): 107,406.00
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 23,400
Total number of shares retained in treasury (units): 22,443,632
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 13/07/2010
Lodged by: MTD Capital Bhd
Company Name: MTD CAPITAL BHD
Stock Name: MTD
Date Announced: 13/07/2010
Announcement Detail:
Date of buy back from: 08/07/2010
Date of buy back to: 08/07/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 23,400
Minimum price paid for each share purchased ($$): 4.590
Maximum price paid for each share purchased ($$): 4.600
Total amount paid for shares purchased ($$): 107,406.00
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 23,400
Total number of shares retained in treasury (units): 22,443,632
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 13/07/2010
Lodged by: MTD Capital Bhd
JETSON - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 13/07/2010
Announcement Detail:
Date of change: 13/07/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: FOO LEE KHEAN
Age: 47
Nationality: MALAYSIAN
Qualifications: Foo Lee Khean is a Fellow Member of the Chartered Institute of Management Accountants, United Kingdom and Malaysian Institute of Accountants.
Working experience and occupation: Foo Lee Khean started his career with Coopers & Lybrand Malaysia in 1987 in the restructuring and recovery department before leaving as a Senior Associate in 1989 to join PriceWaterhouse ("PwC"),Singapore, also in the restructuring and recovery department. He left PwC in 1990 to join Arthur Andersen,Singapore before being transferred to Arthur Andersen, Malaysia in 1992 in the corporate recovery and corporate finance division.
His responsibility includes handling forensic audit, general receivership, merger and acquisitions as well as corporate finance activities such as IPOs, fund raising exercise and debt restructuring. He was the Director-Corporate Finance of Ernst & Young in 2002 following the merger of Arthur Andersen with Ernst & Young in same year before leaving in 2005 to join Strategic Capital Advisory Sdn Bhd where he is currently a director. Concurrently, he is also serving as an adviser to Ferrier Hodgson MH Monteiro & Heng Chambers.
Directorship of public companies (if any): SYF Resources Berhad
SMIS Corporation Berhad
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 13/07/2010
Announcement Detail:
Date of change: 13/07/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: FOO LEE KHEAN
Age: 47
Nationality: MALAYSIAN
Qualifications: Foo Lee Khean is a Fellow Member of the Chartered Institute of Management Accountants, United Kingdom and Malaysian Institute of Accountants.
Working experience and occupation: Foo Lee Khean started his career with Coopers & Lybrand Malaysia in 1987 in the restructuring and recovery department before leaving as a Senior Associate in 1989 to join PriceWaterhouse ("PwC"),Singapore, also in the restructuring and recovery department. He left PwC in 1990 to join Arthur Andersen,Singapore before being transferred to Arthur Andersen, Malaysia in 1992 in the corporate recovery and corporate finance division.
His responsibility includes handling forensic audit, general receivership, merger and acquisitions as well as corporate finance activities such as IPOs, fund raising exercise and debt restructuring. He was the Director-Corporate Finance of Ernst & Young in 2002 following the merger of Arthur Andersen with Ernst & Young in same year before leaving in 2005 to join Strategic Capital Advisory Sdn Bhd where he is currently a director. Concurrently, he is also serving as an adviser to Ferrier Hodgson MH Monteiro & Heng Chambers.
Directorship of public companies (if any): SYF Resources Berhad
SMIS Corporation Berhad
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
HARVEST - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: HARVEST COURT INDUSTRIES BHD
Stock Name: HARVEST
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: HARVEST COURT INDUSTRIES BERHAD ("HCIB")
PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HCIB ("PRIVATE PLACEMENT")
Contents: We refer to the announcements made on 15 December 2009, 17 December 2009, 29 January 2010, 15 March 2010, 10 May 2010, 12 May 2010, 31 May 2010 and 4 June 2010 in relation to the Private Placement.
On behalf of the Board of Directors of HCIB ("Board"), TA Securities Holdings Berhad is pleased to announce that the Board has fixed the issue price for the placement of 4,000,000 new ordinary shares of RM0.25 each in HCIB ("HCIB Shares") ("Third Tranche Placement Shares") to be issued pursuant to the Private Placement at an issue price of RM0.25 per placement share.
As the five (5)-market day volume-weighted average market price of HCIB Shares from 6 July 2010 to 12 July 2010 of RM0.1289 falls below the par value of HCIB of RM0.25, the Third Tranche Placement Shares shall be issued at par.
The Board is currently identifying suitable placees to subscribe for the remaining 7,625,999 new HCIB Shares to be issued under the Private Placement ("Remaining Placement Shares"). The announcements in relation to the Remaining Placement Shares shall be made in due course.
This announcement is dated 13 July 2010.
Submitting Merchant Bank: TA SECURITIES HOLDINGS BERHAD
Company Name: HARVEST COURT INDUSTRIES BHD
Stock Name: HARVEST
Date Announced: 13/07/2010
Announcement Detail:
Type: Announcement
Subject: HARVEST COURT INDUSTRIES BERHAD ("HCIB")
PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HCIB ("PRIVATE PLACEMENT")
Contents: We refer to the announcements made on 15 December 2009, 17 December 2009, 29 January 2010, 15 March 2010, 10 May 2010, 12 May 2010, 31 May 2010 and 4 June 2010 in relation to the Private Placement.
On behalf of the Board of Directors of HCIB ("Board"), TA Securities Holdings Berhad is pleased to announce that the Board has fixed the issue price for the placement of 4,000,000 new ordinary shares of RM0.25 each in HCIB ("HCIB Shares") ("Third Tranche Placement Shares") to be issued pursuant to the Private Placement at an issue price of RM0.25 per placement share.
As the five (5)-market day volume-weighted average market price of HCIB Shares from 6 July 2010 to 12 July 2010 of RM0.1289 falls below the par value of HCIB of RM0.25, the Third Tranche Placement Shares shall be issued at par.
The Board is currently identifying suitable placees to subscribe for the remaining 7,625,999 new HCIB Shares to be issued under the Private Placement ("Remaining Placement Shares"). The announcements in relation to the Remaining Placement Shares shall be made in due course.
This announcement is dated 13 July 2010.
No comments:
Post a Comment