August 23, 2010

Company announcements: KURNIA, EMIVEST, YIKON, SUCCESS, METECH, TGL, SEG

KURNIA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: KURNIA SETIA BERHAD
Stock Name: KURNIA
Date Announced: 23/08/2010

Announcement Detail:
Type: Announcement

Subject: KURNIA SETIA BERHAD ("KSB" OR "COMPANY")
(i) PROPOSED DISPOSAL OF THE ENTIRE BUSINESS AND UNDERTAKING INCLUDING ALL ASSETS AND LIABILITIES OF KSB TO KREATIF SELARAS SDN BHD ("KREATIF SELARAS")
(ii) PROPOSED CAPITAL REPAYMENT PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED CAPITAL REPAYMENT")
(iii) PROPOSED PAYMENT TO WARRANTHOLDERS BY WAY OF A SPECIAL RESOLUTION AS PROVIDED BY THE DEED POLL
(COLLECTIVELY, THE "PROPOSALS")

Contents: We refer to the Company's and our earlier announcements dated 5 June 2009, 17 June 2009, 24 June 2009, 3 July 2009, 28 July 2009, 20 August 2009, 30 April 2010 and 2 July 2010 in relation to the Proposals. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcements.

We, on behalf of the Company, wish to announce that the Sale of Business Agreement has become unconditional on 23 August 2010.

Pursuant to the above, an application to the High Court of Malaya for the Proposed Capital Repayment will be made shortly.

This announcement is dated 23 August 2010.


EMIVEST - PROPOSED ACQUISITION OF LANDS AND BUILDINGS

Announcement Type: General Announcement
Company Name: EMIVEST BERHAD
Stock Name: EMIVEST
Date Announced: 23/08/2010

Announcement Detail:
Type: Announcement

Subject: PROPOSED ACQUISITION OF LANDS AND BUILDINGS

Contents: The Board of Directors would like to announce that the Proposed Acquisition by the Company from Ladang Ternakan Maju Sdn. Bhd of four (4) pieces of Freehold agriculture Lands and Buildings held under (a) Lot 1358, GM 3140, Mukim Tanjung Sembrong, Yong Peng, Daerah Batu Pahat, Johor; (b) Lot 258, GM 1172, Mukim Cha'ah Bahru, Yong Peng, Daerah Batu Pahat, Johor; (c) Lot 28, GM 1081, Mukim Cha'ah Bahru, Yong Peng, Daerah Batu Pahat, Johor and (d) Lot 29, GM 1080, Mukim Cha'ah Bahru, Yong Peng, Daerah Batu Pahat, Johor measuring approximately 18 acres for a total purchase consideration of RM2,484,000.00 announced on 29 June 2010 was completed on 23 August 2010.


YIKON - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: YIKON CORPORATION BERHAD
Stock Name: YIKON
Date Announced: 23/08/2010

Announcement Detail:
Date of change: 23/08/2010

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Non Independent & Non Executive

Name: Patrick Cheng Ther Wee

Age: 51

Nationality: Malaysian

Qualifications: He attended his secondary education at Tuanku Muhammad School in Kuala Pilah. He then completed his Higher National Diploma In Business Studies in the United Kingdom. He is an Associate member of the Malaysian Institute of Chartered Secretaries and Administrators.

Working experience and occupation: He started his career as a Financial Controller cum Company Secretary with Lam Seng Manufacturing Enterprises Sdn. Bhd. in 1984 to 1995. His main responsibilities while at Lam Seng Manufacturing Enterprises Sdn. Bhd. includes all company secretarial duties and financial related matters.

He was also a Commissioned Dealer's Representative with PM Securities Sdn. Bhd. from 1995 till February 2009.

Directorship of public companies (if any): N/A

Family relationship with any director and/or major shareholder of the listed issuer: N/A

Any conflict of interests that he/she has with the listed issuer: N/A

Details of any interest in the securities of the listed issuer or its subsidiaries: N/A

Composition of Audit Committee (Name and Directorate of members after change): Mr Ng Chin Nam - Chairman
Y.M. Tunku Mohamed Alauddin Tunku Naquiyuddin - Member
Mr Patrick Cheng Ther Wee - Member


YIKON - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: YIKON CORPORATION BERHAD
Stock Name: YIKON
Date Announced: 23/08/2010

Announcement Detail:
Date of change: 23/08/2010

Type of change: Appointment

Designation: Chairman of Audit Committee

Directorate: Independent & Non Executive

Name: Ng Chin Nam

Age: 40

Nationality: Malaysian

Qualifications: He obtained his professional qualification in Chartered Institute of Management Accountants.

Working experience and occupation: He has over 18 years of experiences in the field of accounting, auditing, taxation and corporate finance.

He started his career in the commercial section in 1992.

He joined an international accounting firm in 1997 and was promoted as assistant audit manager.

He left the auditing sector in year 2000 and held the position of finance manager in a public listed company until year 2005.

He is currently leading the Finance, Human Resources and Management Information System department of a public listed company.

Directorship of public companies (if any): SMPC Corporation Berhad
Luster Industries Berhad

Family relationship with any director and/or major shareholder of the listed issuer: N/A

Any conflict of interests that he/she has with the listed issuer: N/A

Details of any interest in the securities of the listed issuer or its subsidiaries: N/A

Composition of Audit Committee (Name and Directorate of members after change): Mr Ng Chin Nam - Chairman
Y.M. Tunku Mohamed Alauddin Tunku Naquiyuddin - Member
Mr Patrick Cheng Ther Wee - Member


YIKON - Quarterly rpt on consolidated results for the financial period ended 30/6/2010

Announcement Type: Financial Results
Company Name: YIKON CORPORATION BERHAD
Stock Name: YIKON
Date Announced: 23/08/2010

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)


YIKON - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: YIKON CORPORATION BERHAD
Stock Name: YIKON
Date Announced: 23/08/2010

Announcement Detail:
Date of change: 23/08/2010

Type of change: Redesignation

Previous Position: Executive Director

New Position: Others

Directorate: Executive

Name: Haniff Bin Dato' Mahmood

Age: 48

Nationality: Malaysian

Qualifications: He completed his secondary school education in La Salle Secondary School, Petaling Jaya, Selangor in 1978 before he embarked on his career in business.

Working experience and occupation: He has gained wide experience in the various industries namely in tourism & travel, telecommunications, infrastructure works, aqua-farming and recreational sports.

In year 1997, he is a member of BUMITRA (Association of Bumiputra Travel Agents) was involved in the development of Bumiputra's involvement in the travel industry.

In year 2003, he was involved in the aqua-farming sector whereby he brought together the Malaysian Government and a local bio-tech company to successfully improve the yield of an aquaculture project in the Northern region of the country.

Directorship of public companies (if any): N/A

Family relationship with any director and/or major shareholder of the listed issuer: N/A

Any conflict of interests that he/she has with the listed issuer: N/A

Details of any interest in the securities of the listed issuer or its subsidiaries: N/A

Remarks: Haniff Bin Dato' Mahmood, the Executive Director of the Company has been redesignated as the Executive Chairman of the Company with immediate effect.


SUCCESS - Quarterly rpt on consolidated results for the financial period ended 30/6/2010

Announcement Type: Financial Results
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 23/08/2010

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)


METECH - General Announcement

Announcement Type: General Announcement
Company Name: METECH GROUP BERHAD
Stock Name: METECH
Date Announced: 23/08/2010

Announcement Detail:
Type: Announcement

Subject: Metech Group Berhad ("Metech" or "the Company")
1) UPDATE ON PROPOSED DISPOSAL BY METECH GROUP BERHAD OF ITS ENTIRE EQUITY INTEREST IN METECH ALUMINIUM INDUSTRIES SDN BHD ("MAI"), COMPRISING 5,100,000 �??A' CLASS ORDINARY SHARES OF RM1.00 EACH IN MAI, REPRESENTING 51% EQUITY INTEREST IN MAI TO TONG HERR RESOURCES BERHAD FOR A TOTAL CASH CONSIDERATION OF RM35,132,880.00.
2) ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("FIRST ANNOUNCEMENT")

Contents: Please refer to Announcement Details below.


TGL - General Announcement

Announcement Type: General Announcement
Company Name: TEO GUAN LEE CORPORATION BERHAD
Stock Name: TGL
Date Announced: 23/08/2010

Announcement Detail:
Type: Announcement

Subject: TEO GUAN LEE CORPORATION BERHAD

PROPOSED DECLARATION OF FINAL DIVIDEND OF RM0.15 PER SHARE LESS INCOME TAX AT 25%

Contents: We are pleased to inform that the Board of Directors of Teo Guan Lee Corporation Berhad ("TGL") has on 23 August 2010, recommended a final dividend of RM0.15 per share less income tax at 25% in respect of year ended 30 June 2010 for the approval of shareholders at the forthcoming Seventeenth Annual General Meeting. However the entitlement date and date of payment of the dividend will be determined at a later date.



A further announcement will be made at a later date upon finalisation of the entitlement date and date of payment of the dividend.



This announcement is dated 23 August 2010.


SEG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 23/08/2010

Announcement Detail:
Date of buy back: 23/08/2010

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 128,000

Minimum price paid for each share purchased ($$): 2.560

Maximum price paid for each share purchased ($$): 2.600

Total consideration paid ($$): 333,802.88

Number of shares purchased retained in treasury (units): 128,000

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

Cumulative net outstanding treasury shares as at to-date (units): 128,000

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 (%): 0.05

Remarks: This announcement is dated 23 August 2010.



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