UNISEM - Dissolution of an indirect subsidiary of Unisem (M) Berhad
Announcement Type: General Announcement
Company Name: UNISEM (M) BERHAD
Stock Name: UNISEM
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Dissolution of an indirect subsidiary of Unisem (M) Berhad
Contents: The Board of Directors of Unisem (M) Berhad wishes to announce that Briowave Limited, an indirect subsidiary of Unisem (M) Berhad, has been dissolved on 20 July 2010.
This announcement is dated 30 July 2010.
Company Name: UNISEM (M) BERHAD
Stock Name: UNISEM
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Dissolution of an indirect subsidiary of Unisem (M) Berhad
Contents: The Board of Directors of Unisem (M) Berhad wishes to announce that Briowave Limited, an indirect subsidiary of Unisem (M) Berhad, has been dissolved on 20 July 2010.
This announcement is dated 30 July 2010.
MHC - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: MHC PLANTATIONS BHD.
Stock Name: MHC
Date Announced: 30/07/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: MHC PLANTATIONS BHD.
Stock Name: MHC
Date Announced: 30/07/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
SUNCITY - General Announcement
Announcement Type: General Announcement
Company Name: SUNWAY CITY BERHAD
Stock Name: SUNCITY
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: SUNWAY CITY BERHAD ("SUNCITY") - CREDITORS' VOLUNTARY LIQUIDATION OF SUNWAY WILDLIFE SDN BHD AND SUNWAY LAGOON MANAGEMENT SDN BHD, SUBSIDIARIES OF SUNCITY
Contents: We wish to inform that Sunway Wildlife Sdn Bhd ("SWSB") and Sunway Lagoon Management Sdn Bhd ("SLMSB"), both wholly-owned subsidiaries of Sunway Lagoon Sdn Bhd, which in turn is a 51% owned subsidiary of SunCity, had been wound up voluntarily by the creditors on 29 July 2010 as they had been dormant.
SWSB and SLMSB are companies incorporated in Malaysia on 1 April 1996 and 9 November 1995 respectively. The intended principal activity of SWSB was the operation of a wildlife interactive park but did not commenced business operation. The principal activity of SLMSB was that of a restaurateur and had ceased operation since 1999.
SWSB and SLMSB have appointed Mr Ong Lai @ Ong Kong Lai and Mr Wong Cham Mew of Unit C-20-5, Block C, 20th Floor, Megan Avenue II, No. 12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur as Liquidators for purpose of the creditors' voluntary liquidation.
Other than the liquidation expenses, there are no material losses or effects on the net assets per share and earnings per share of SunCity Group arising from the liquidation.
This announcement is dated 30 July 2010.
Company Name: SUNWAY CITY BERHAD
Stock Name: SUNCITY
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: SUNWAY CITY BERHAD ("SUNCITY") - CREDITORS' VOLUNTARY LIQUIDATION OF SUNWAY WILDLIFE SDN BHD AND SUNWAY LAGOON MANAGEMENT SDN BHD, SUBSIDIARIES OF SUNCITY
Contents: We wish to inform that Sunway Wildlife Sdn Bhd ("SWSB") and Sunway Lagoon Management Sdn Bhd ("SLMSB"), both wholly-owned subsidiaries of Sunway Lagoon Sdn Bhd, which in turn is a 51% owned subsidiary of SunCity, had been wound up voluntarily by the creditors on 29 July 2010 as they had been dormant.
SWSB and SLMSB are companies incorporated in Malaysia on 1 April 1996 and 9 November 1995 respectively. The intended principal activity of SWSB was the operation of a wildlife interactive park but did not commenced business operation. The principal activity of SLMSB was that of a restaurateur and had ceased operation since 1999.
SWSB and SLMSB have appointed Mr Ong Lai @ Ong Kong Lai and Mr Wong Cham Mew of Unit C-20-5, Block C, 20th Floor, Megan Avenue II, No. 12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur as Liquidators for purpose of the creditors' voluntary liquidation.
Other than the liquidation expenses, there are no material losses or effects on the net assets per share and earnings per share of SunCity Group arising from the liquidation.
This announcement is dated 30 July 2010.
CRESNDO - ACQUISITION OF ADDITIONAL SHARES IN CRESCENDO LAND SDN. BHD.
Announcement Type: General Announcement
Company Name: CRESCENDO CORPORATION BERHAD
Stock Name: CRESNDO
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF ADDITIONAL SHARES IN CRESCENDO LAND SDN. BHD.
Contents: The Board of Directors of Crescendo Corporation Berhad ("CCB") wishes to announce the following acquisition -
1. DETAILS OF ACQUISITION
Crescendo Development Sdn. Bhd. (Company No. 204079-D) ("CDSB"), a wholly-owned subsidiary of CCB, previously held 84 ordinary shares of RM1.00 each representing 70% of the issued and paid up capital of Crescendo Land Sdn. Bhd. (Company No. 611503-M) ("CLSB"), had on 29th July, 2010 acquired another 24 ordinary shares of RM1.00 each fully paid in CLSB from Y. Bhg. Datuk Abd. Rahman bin Mohd. Yunos ("the Acquisition") for a total consideration of RM250,000.00 ("the Purchase Consideration").
As a result of the Acquisition, CLSB is now a 90% owned subsidiary of CDSB. The remaining 10% or 12 ordinary shares in CLSB are being held by Y. Bhg. Datuk Abd. Rahman bin Mohd. Yunos and Mr. Tan Sui Hou equally.
2. INFORMATION ON CLSB
CLSB is a private limited company incorporated in Malaysia under the Companies Act, 1965 on 8th April, 2003. It has an authorized capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each, of which 120 ordinary shares have been issued and are fully paid-up. CLSB is principally engaged in property development.
The directors of CLSB are Y. Bhg. Datuk Abd. Rahman bin Mohd Yunos, Mr. Gooi Seong Lim, Mr. Gooi Seong Gum and Mr. Tan Sui Hou.
3. BASIS OF ARRIVING AT THE PURCHASE CONSIDERATION
The Purchase Consideration was arrived at on a "willing buyer willing seller" basis.
4. SOURCE OF FUNDING
The Purchase Consideration will be paid in cash by CDSB from internally generated funds.
5. RATIONALE AND PROSPECTS FOR THE ACQUISITION
The Acquisition gives CDSB a 90% control over CLSB's future development and prospect.
6. FINANCIAL EFFECTS OF THE ACQUISITION
(a) Share capital and substantial shareholders
The Acquisition will not have any effect on the share capital of CCB or its substantial shareholders.
(b) On earnings, net assets and gearing
The Acquisition will not have any material effect on the earnings, net assets and gearing of CCB Group for the financial year ending 31st January, 2011.
7. APPROVAL
The Acquisition is not subject to CCB shareholders' approval.
8. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST
None of the directors and/or major shareholders of the CCB Group and persons connected with them have any interest, whether direct or indirect, in the Acquisition.
9. DIRECTORS' OPINION
The Board of Directors of CCB is of the opinion that the Acquisition is in the long term interest of the CCB Group.
Company Name: CRESCENDO CORPORATION BERHAD
Stock Name: CRESNDO
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF ADDITIONAL SHARES IN CRESCENDO LAND SDN. BHD.
Contents: The Board of Directors of Crescendo Corporation Berhad ("CCB") wishes to announce the following acquisition -
1. DETAILS OF ACQUISITION
Crescendo Development Sdn. Bhd. (Company No. 204079-D) ("CDSB"), a wholly-owned subsidiary of CCB, previously held 84 ordinary shares of RM1.00 each representing 70% of the issued and paid up capital of Crescendo Land Sdn. Bhd. (Company No. 611503-M) ("CLSB"), had on 29th July, 2010 acquired another 24 ordinary shares of RM1.00 each fully paid in CLSB from Y. Bhg. Datuk Abd. Rahman bin Mohd. Yunos ("the Acquisition") for a total consideration of RM250,000.00 ("the Purchase Consideration").
As a result of the Acquisition, CLSB is now a 90% owned subsidiary of CDSB. The remaining 10% or 12 ordinary shares in CLSB are being held by Y. Bhg. Datuk Abd. Rahman bin Mohd. Yunos and Mr. Tan Sui Hou equally.
2. INFORMATION ON CLSB
CLSB is a private limited company incorporated in Malaysia under the Companies Act, 1965 on 8th April, 2003. It has an authorized capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each, of which 120 ordinary shares have been issued and are fully paid-up. CLSB is principally engaged in property development.
The directors of CLSB are Y. Bhg. Datuk Abd. Rahman bin Mohd Yunos, Mr. Gooi Seong Lim, Mr. Gooi Seong Gum and Mr. Tan Sui Hou.
3. BASIS OF ARRIVING AT THE PURCHASE CONSIDERATION
The Purchase Consideration was arrived at on a "willing buyer willing seller" basis.
4. SOURCE OF FUNDING
The Purchase Consideration will be paid in cash by CDSB from internally generated funds.
5. RATIONALE AND PROSPECTS FOR THE ACQUISITION
The Acquisition gives CDSB a 90% control over CLSB's future development and prospect.
6. FINANCIAL EFFECTS OF THE ACQUISITION
(a) Share capital and substantial shareholders
The Acquisition will not have any effect on the share capital of CCB or its substantial shareholders.
(b) On earnings, net assets and gearing
The Acquisition will not have any material effect on the earnings, net assets and gearing of CCB Group for the financial year ending 31st January, 2011.
7. APPROVAL
The Acquisition is not subject to CCB shareholders' approval.
8. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST
None of the directors and/or major shareholders of the CCB Group and persons connected with them have any interest, whether direct or indirect, in the Acquisition.
9. DIRECTORS' OPINION
The Board of Directors of CCB is of the opinion that the Acquisition is in the long term interest of the CCB Group.
BORNOIL - Disposal of Waikiki Condominium Units
Announcement Type: General Announcement
Company Name: BORNEO OIL BERHAD
Stock Name: BORNOIL
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Disposal of Waikiki Condominium Units
Contents: 1, INTRODUCTION
The Board of Directors of Borneo Oil Berhad is pleased to announce that the Company has disposed off several units of its Waikiki Condominium units situated at Tanjung Aru , Kota Kinabalu , Sabah.
2. INFORMATION ON THE DISPOSAL
The units were disposed off to individual purchasers over a period of time. Details of the disposals are as follows :-
(a) Total number of units sold : 17
(b) Total sales consideration received : RM8.88 million
(c) Total costs inclusive of incidental expenses of the above units disposed off : RM7.73 million
(d) Net Profit arising from the above disposals : RM1.15 million
3. RATIONALE FOR THE DISPOSAL
The disposals were made to take advantage of the booming property market in Sabah recently. The proceeds from the disposals also help to provide working capital for the Group.
4. FINANCIAL EFFECT OF THE DISPOSAL
As stated in paragraph 2 above , the disposals have the following effects on the audited NTA of the Group as at 31 January 2010 of RM85.83 million:
(a) The sale proceeds of RM8.88 million is 10.34% of the NTA.
(b) The gain on disposal of RM1.15 million is 1.34% of the NTA.
Apart from the above , the disposals have no material effect on the paid up capital and the shareholding structure of the Company. The disposals also have no material effect on the earnings and NTA of the Group for the year ended 31 January 2011.
5. APPROVALS REQUIRED
The said disposals are not subject to the approval of the shareholders or any other relevant authorities.
6. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS' INTEREST
None of the Company's directors or substantial shareholders and / or persons connected to them , either directly or indirectly , has any interest in the said disposals.
7. DIRECTORS' STATEMENT
The Board of Directors is of the opinion that the said disposals are in the best interest of the Company and the Group.
8. STATEMENT ON SECURITIES COMMISSION POLICIES AND GUIDELINES ON ISSUE/OFFER OF SECURITIES
The said disposals do not depart from the above guidelines.
Company Name: BORNEO OIL BERHAD
Stock Name: BORNOIL
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Disposal of Waikiki Condominium Units
Contents: 1, INTRODUCTION
The Board of Directors of Borneo Oil Berhad is pleased to announce that the Company has disposed off several units of its Waikiki Condominium units situated at Tanjung Aru , Kota Kinabalu , Sabah.
2. INFORMATION ON THE DISPOSAL
The units were disposed off to individual purchasers over a period of time. Details of the disposals are as follows :-
(a) Total number of units sold : 17
(b) Total sales consideration received : RM8.88 million
(c) Total costs inclusive of incidental expenses of the above units disposed off : RM7.73 million
(d) Net Profit arising from the above disposals : RM1.15 million
3. RATIONALE FOR THE DISPOSAL
The disposals were made to take advantage of the booming property market in Sabah recently. The proceeds from the disposals also help to provide working capital for the Group.
4. FINANCIAL EFFECT OF THE DISPOSAL
As stated in paragraph 2 above , the disposals have the following effects on the audited NTA of the Group as at 31 January 2010 of RM85.83 million:
(a) The sale proceeds of RM8.88 million is 10.34% of the NTA.
(b) The gain on disposal of RM1.15 million is 1.34% of the NTA.
Apart from the above , the disposals have no material effect on the paid up capital and the shareholding structure of the Company. The disposals also have no material effect on the earnings and NTA of the Group for the year ended 31 January 2011.
5. APPROVALS REQUIRED
The said disposals are not subject to the approval of the shareholders or any other relevant authorities.
6. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS' INTEREST
None of the Company's directors or substantial shareholders and / or persons connected to them , either directly or indirectly , has any interest in the said disposals.
7. DIRECTORS' STATEMENT
The Board of Directors is of the opinion that the said disposals are in the best interest of the Company and the Group.
8. STATEMENT ON SECURITIES COMMISSION POLICIES AND GUIDELINES ON ISSUE/OFFER OF SECURITIES
The said disposals do not depart from the above guidelines.
TIGER - General Announcement
Announcement Type: General Announcement
Company Name: TIGER SYNERGY BERHAD
Stock Name: TIGER
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Tiger Synergy Berhad (fka: Minply Holdings (M) Berhad)("the Company")
Dealings by Director During Outside Closed Period pursuant to Paragraph 14.09 (a) of the Listing Requirements
of the Main Market of Bursa Malaysia Securities Berhad
Contents: The Managing Director of Tiger Synergy Berhad (fka: Minply Holdings (M) Berhad) ("the Company") namely Dato' Tan Wei Lian has notified the Company that he has transacted dealings in the securities of the Company in the manner described below:-
Name of Director : Dato' Tan Wei Lian
Registered Holder of Shares purchased : OSK Nominees (Tempatan) Sdn. Bhd. , pledged securities account of Dato' Tan Wei Lian
No. of Shares purchased : 200,000 shares of RM0.20 each
Date of Purchase : 30 July 2010
Percentage of shares acquired : 0.45%
Consideration of the shares purchased per share : RM0.25
This announcement is dated 30 July 2010
Company Name: TIGER SYNERGY BERHAD
Stock Name: TIGER
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Tiger Synergy Berhad (fka: Minply Holdings (M) Berhad)("the Company")
Dealings by Director During Outside Closed Period pursuant to Paragraph 14.09 (a) of the Listing Requirements
of the Main Market of Bursa Malaysia Securities Berhad
Contents: The Managing Director of Tiger Synergy Berhad (fka: Minply Holdings (M) Berhad) ("the Company") namely Dato' Tan Wei Lian has notified the Company that he has transacted dealings in the securities of the Company in the manner described below:-
Name of Director : Dato' Tan Wei Lian
Registered Holder of Shares purchased : OSK Nominees (Tempatan) Sdn. Bhd. , pledged securities account of Dato' Tan Wei Lian
No. of Shares purchased : 200,000 shares of RM0.20 each
Date of Purchase : 30 July 2010
Percentage of shares acquired : 0.45%
Consideration of the shares purchased per share : RM0.25
This announcement is dated 30 July 2010
JADI - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: JADI IMAGING HOLDINGS BERHAD
Stock Name: JADI
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: JADI IMAGING HOLDINGS BERHAD ("JADI" or "Company")
(I) PROPOSED ISSUE OF UP TO 352,251,462 FREE WARRANTS IN JADI ("FREE WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN JADI ("JADI SHARES" OR "SHARES') HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED FREE WARRANTS ISSUE"); AND
(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM100,000,000 COMPRISING 1,000,000,000 JADI SHARES TO RM200,000,000 COMPRISING 2,000,000,000 JADI SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL")
(COLLECTIVELY REFERRED TO AS "PROPOSALS")
Contents: On behalf of the Board of Directors of JADI, RHB Investment Bank Berhad wishes to announce that the Company proposes to implement the Proposed Free Warrants Issue and the Proposed Increase in Authorised Share Capital.
Kindly refer to the attachment below for further details on the above Proposals.
This announcement is dated 30 July 2010.
Attachments: Microsoft Word - Jadi - Prop_free warrants announcement _clear_.pdf
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: JADI IMAGING HOLDINGS BERHAD
Stock Name: JADI
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: JADI IMAGING HOLDINGS BERHAD ("JADI" or "Company")
(I) PROPOSED ISSUE OF UP TO 352,251,462 FREE WARRANTS IN JADI ("FREE WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN JADI ("JADI SHARES" OR "SHARES') HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED FREE WARRANTS ISSUE"); AND
(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM100,000,000 COMPRISING 1,000,000,000 JADI SHARES TO RM200,000,000 COMPRISING 2,000,000,000 JADI SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL")
(COLLECTIVELY REFERRED TO AS "PROPOSALS")
Contents: On behalf of the Board of Directors of JADI, RHB Investment Bank Berhad wishes to announce that the Company proposes to implement the Proposed Free Warrants Issue and the Proposed Increase in Authorised Share Capital.
Kindly refer to the attachment below for further details on the above Proposals.
This announcement is dated 30 July 2010.
Attachments: Microsoft Word - Jadi - Prop_free warrants announcement _clear_.pdf
RESINTC - Quarterly rpt on consolidated results for the financial period ended 31/5/2010
Announcement Type: Financial Results
Company Name: RESINTECH BERHAD
Stock Name: RESINTC
Date Announced: 30/07/2010
Announcement Detail:
Financial Year End: 28/02/2011
Quarter: 1
Quarterly report for the financial period ended: 31/05/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: RESINTECH BERHAD
Stock Name: RESINTC
Date Announced: 30/07/2010
Announcement Detail:
Financial Year End: 28/02/2011
Quarter: 1
Quarterly report for the financial period ended: 31/05/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
NGIUKEE - NGIU KEE CORPORATION (M) BERHAD ("the Company") -Change of Name of Subsidiary Companies
Announcement Type: General Announcement
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: NGIU KEE CORPORATION (M) BERHAD ("the Company")
-Change of Name of Subsidiary Companies
Contents: The Board of Directors of the Company wishes to announce that the following Subsidiary Companies have changed its name with effect from the date of the Certificates of Change of Name issued by the Companies Commission of Malaysia.
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: NGIU KEE CORPORATION (M) BERHAD ("the Company")
-Change of Name of Subsidiary Companies
Contents: The Board of Directors of the Company wishes to announce that the following Subsidiary Companies have changed its name with effect from the date of the Certificates of Change of Name issued by the Companies Commission of Malaysia.
NGIUKEE - Variance between Audited and Unaudited Financial Statements for the year ended 31 March 2010
Announcement Type: General Announcement
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Variance between Audited and Unaudited Financial Statements for the year ended 31 March 2010
Contents: This announcement is made in accordance with Paragraph 9.19 (34) of the Bursa Malaysia Securities Berhad's Listing Requirement.
The Board of Directors of the Company wishes to announce that there is a deviation of 109 % between the unaudited profit after taxation and minority interest for the year ended 31 March 2010 of RM2,480,360 announced on 26 May 2010 and the audited loss after taxation and minority interest for the year ended 31 March 2010 of RM5,933,712; detailed as follows:-
The reconciliation of the loss after taxation and minority interest is tabulated as follows:-
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 30/07/2010
Announcement Detail:
Type: Announcement
Subject: Variance between Audited and Unaudited Financial Statements for the year ended 31 March 2010
Contents: This announcement is made in accordance with Paragraph 9.19 (34) of the Bursa Malaysia Securities Berhad's Listing Requirement.
The Board of Directors of the Company wishes to announce that there is a deviation of 109 % between the unaudited profit after taxation and minority interest for the year ended 31 March 2010 of RM2,480,360 announced on 26 May 2010 and the audited loss after taxation and minority interest for the year ended 31 March 2010 of RM5,933,712; detailed as follows:-
The reconciliation of the loss after taxation and minority interest is tabulated as follows:-
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