August 10, 2010

Company announcements: BASWELL, CIMBA40, CIMBX25, WONG, LCL, SCOMIEN, RUBEREX, YOKO

BASWELL - General Announcement

Announcement Type: General Announcement
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 09/08/2010

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NE-100809-54189

Subject: BASWELL RESOURCES BERHAD ("BASWELL" or "the Company")
- MUTUAL TERMINATION OF MEMORANDUM OF UNDERSTANDING BETWEEN BASWELL RESOURCES BERHAD AND METROPLEX RESOURCES LTD DATED 20 JANUARY 2010;

- DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")("MMLR"); AND

- ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MMLR (FIRST ANNOUNCEMENT).

Contents: With reference to the query letter dated 9 August 2010 from Bursa Securities, the Board of Directors of BASWELL is pleased to append herewith the following additional information for public release:-

Query Letter content: We refer to your Company's announcement dated 9 August 2010, in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with the following additional information for public release :-

Termination of MOU

1. Specific areas of the proposed collaboration that your Company and Metroplex had failed to agree upon which led to the Termination of MOU; and
2. To elaborate further on the "antecedent breaches" and whether it will have any financial impact to your Company.

Default in Payment

1. Details of circumstances leading to the lack of funds by Baswood Industries Sdn Bhd and Aimwood Furniture Industries Sdn Bhd;
2. Group total borrowings as of the latest date;
3. Whether there is any other Default in Payment. If yes, the details thereof;
4. A statement confirming whether the Default will or will not trigger a cross default. If yes, to provide details of cross default; and
5. A statement confirming whether your Company is solvent. For this purpose, your Company is regarded as "solvent" if the majority directors have formed the opinion that your Company will be able to pay all its debts as and when they fall due within the period of 12 months from the date of the announcement.

PN17

1. Detail reasons that caused your Company to cease all its furniture-manufacturing operations;
2. Quantify the contribution by furniture-manufacturing operations to your Group's revenue based on the latest audited and unaudited financial statements; and
3. Whether your Company has any other business operation, other than furniture manufacturing operations and to quantify the significant of that business to your Group.

Please furnish Bursa Securities with your reply immediately.


Yours faithfully




CHONG FUI TZY
Head, Issuers
Listing Division
Regulation

HTH/NAE

c.c. General Manager & Head, Market Surveillance, Securities Commission (via fax)

Attachments: Baswell-AppendixA.pdf


CIMBA40 - CIMB FTSE ASEAN 40 Malaysia - IOPV after close of morning trading session as at 10 August 2010

Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 10/08/2010

Announcement Detail:
Type: Announcement

Subject: CIMB FTSE ASEAN 40 Malaysia - IOPV after close of morning trading session as at 10 August 2010

Contents: Fund: CIMB FTSE ASEAN 40 Malaysia
IOPV per unit (RM): 1.4394
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 9,169.78


CIMBX25 - CIMB FTSE Xinhua China 25 - IOPV after close of morning trading session as at 10 August 2010

Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE XINHUA CHINA 25
Stock Name: CIMBX25
Date Announced: 10/08/2010

Announcement Detail:
Type: Announcement

Subject: CIMB FTSE Xinhua China 25 - IOPV after close of morning trading session as at 10 August 2010

Contents: Fund: CIMB FTSE Xinhua China 25
IOPV per unit (RM): 1.0328
Units in circulation (units): 21,450,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 18,307.25


WONG - STRUCK OFF COMPANY NAME OF SUBSIDIARIES, PURSUANT TO SECTION 308(4) OF THE COMPANIES ACT, 1965

Announcement Type: General Announcement
Company Name: WONG ENGINEERING CORPORATION BERHAD
Stock Name: WONG
Date Announced: 10/08/2010

Announcement Detail:
Type: Announcement

Subject: STRUCK OFF COMPANY NAME OF SUBSIDIARIES, PURSUANT TO SECTION 308(4) OF THE COMPANIES ACT, 1965

Contents: Further to our announcement on 24 July 2009 pertaining to the strike off of the following dormant wholly owned subsidiaries, the Board wishes to announce that the subsidiaries have been successfully struck off and dissolved following the publication of the notice of strike off pursuant to Section 308(4) of the Companies Act, 1965:-

This announcement is dated 04 August 2010.


WONG - General Announcement

Announcement Type: General Announcement
Company Name: WONG ENGINEERING CORPORATION BERHAD
Stock Name: WONG
Date Announced: 10/08/2010

Announcement Detail:
Type: Announcement

Subject: Wong Engineering Metals (M) Sdn Bhd, a wholly owned subsidiary of the Company not to pursue with the strike off

Contents: Further to our announcement on 8th September 2009 pertaining to the strike off of a dormant wholly owned subsidiary, Wong Engineering Metals (M) Sdn Bhd, the Board has today decided not to pursue with the strike off and is of the opinion that it would be in the interest of the Company to maintain the subsidiary for future business opportunities.

This announcement is dated 10th August 2010.


LCL - General Announcement

Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 10/08/2010

Announcement Detail:
Type: Announcement

Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
- Notice Pursuant to Section 218 of the Companies Act, 1965

Contents: We refer to LCL's announcement made on 9 August 2010 on the Notices issued pursuant to Section 218 of the Companies Act, 1965 on the Company and LCL Furniture Sdn Bhd by EON Bank Berhad.

We wish to clarify that the amount claimed in respect thereof is RM3,182,775.77 (as at 6 August 2010).

This announcement is dated 10 August 2010.


SCOMIEN - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 10/08/2010

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: ESOS

Details of corporate proposal: Exercise of options granted under Employees' Share Option Scheme ("ESOS")

No. of shares issued under this corporate proposal: 4,000

Issue price per share ($$): MYR 1.000

Par Value ($$): MYR 1.000

Units: 285,645,524

Currency: MYR 285,645,524.000

Listing Date: 11/08/2010


RUBEREX - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name: RUBBEREX CORPORATION (M) BERHAD
Stock Name: RUBEREX
Date Announced: 10/08/2010

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: Others

Details of corporate proposal: Conversion of Irredeemable Convertible Unsecured Loan Stocks 2007/2012 ("ICULS") to Ordinary Shares

No. of shares issued under this corporate proposal: 2,000

Issue price per share ($$): MYR 0.850

Par Value ($$): MYR 0.500

Units: 201,778,935

Currency: MYR 100,889,467.000

Listing Date: 11/08/2010


YOKO - Financial Results

Announcement Type: Financial Results
Company Name: TAI KWONG YOKOHAMA BERHAD
Stock Name: YOKO
Date Announced: 10/08/2010

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)



No comments:

Post a Comment