LIMAHSN - General Announcement
Announcement Type: General Announcement
Company Name: LIMAHSOON BERHAD
Stock Name: LIMAHSN
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: Limahsoon Berhad ("LIMAHSN" or "Company")
Klang Sesyen Court Summons No. 52-1274-2010
Worldclass Profile Sdn Bhd ("Defendant")
Kilang Papan Lim Ah Soon Sdn Bhd ("Plaintiff")
Contents: We wish to inform that LIMAHSN's subsidiary, Kilang Papan Lim Ah Soon Sdn Bhd (KPLAS) had been served a Writ of Summons on 11 August 2010. The summons is fixed for further mention on 18 August 2010.
Further information is as follows:
1. The date of the presentation of the Writ of Summons and the date the Writ of Summons was served on the Company, its subsidiary or major associated company.
The Writ of Summons and Statement of Claim dated 25 June 2010 was served on Kilang Papan Lim Ah Soon Sdn Bhd on 11 August 2010.
2. The particulars of the claim under the Writ of Summons, including the amount claimed for and the interest rate.
The Plaintiff's claims are for the sum of RM39,897.11 due and owing at interest rate of 8% p.a. from the date of court judgement to the date of full and final realisation.
3. The details of the default or circumstances leading to the filing of the Writ of Summons against the Company, its subsidiary or major associated company.
The filing of the Writ of Summons is a result of the default in payment of the freight forwarding services granted to KPLAS.
4. The financial and operational impact of the Writ of Summons on the Group.
(a) In the event KPLAS loses the case, the expected losses arising from the litigation is as mentioned in Note 2 above.
(b) The litigation will not have any operational impact on LIMAHSN Group as LIMAHSN is an investment holding company and has no operations. KPLAS has ceased operations with effective from 31/12/2009.
5. The expected losses, if any, arising from the Writ of Summons.
The sum mentioned in Note 2 above alleged to be due together with interest and costs thereon.
6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.
LIMAHSN will seek necessary legal advice from its solicitors with regards to the claim.
The Company will announce further developments on the above matter as and when necessary.
This announcement is dated 12 August 2010.
Company Name: LIMAHSOON BERHAD
Stock Name: LIMAHSN
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: Limahsoon Berhad ("LIMAHSN" or "Company")
Klang Sesyen Court Summons No. 52-1274-2010
Worldclass Profile Sdn Bhd ("Defendant")
Kilang Papan Lim Ah Soon Sdn Bhd ("Plaintiff")
Contents: We wish to inform that LIMAHSN's subsidiary, Kilang Papan Lim Ah Soon Sdn Bhd (KPLAS) had been served a Writ of Summons on 11 August 2010. The summons is fixed for further mention on 18 August 2010.
Further information is as follows:
1. The date of the presentation of the Writ of Summons and the date the Writ of Summons was served on the Company, its subsidiary or major associated company.
The Writ of Summons and Statement of Claim dated 25 June 2010 was served on Kilang Papan Lim Ah Soon Sdn Bhd on 11 August 2010.
2. The particulars of the claim under the Writ of Summons, including the amount claimed for and the interest rate.
The Plaintiff's claims are for the sum of RM39,897.11 due and owing at interest rate of 8% p.a. from the date of court judgement to the date of full and final realisation.
3. The details of the default or circumstances leading to the filing of the Writ of Summons against the Company, its subsidiary or major associated company.
The filing of the Writ of Summons is a result of the default in payment of the freight forwarding services granted to KPLAS.
4. The financial and operational impact of the Writ of Summons on the Group.
(a) In the event KPLAS loses the case, the expected losses arising from the litigation is as mentioned in Note 2 above.
(b) The litigation will not have any operational impact on LIMAHSN Group as LIMAHSN is an investment holding company and has no operations. KPLAS has ceased operations with effective from 31/12/2009.
5. The expected losses, if any, arising from the Writ of Summons.
The sum mentioned in Note 2 above alleged to be due together with interest and costs thereon.
6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.
LIMAHSN will seek necessary legal advice from its solicitors with regards to the claim.
The Company will announce further developments on the above matter as and when necessary.
This announcement is dated 12 August 2010.
JETSON - Change in Boardroom (Amended Announcement)
Announcement Type: Change in Boardroom
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 12/08/2010
Announcement Detail:
Date of change: 11/08/2010
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Name: LEE CHEE HOE
Age: 37
Nationality: Malaysian
Qualifications: Bachelor of Business Administration (Hons.) majoring in Finance
Working experience and occupation: Currently, Mr Lee Chee Hoe is holding the position of Chief Executive Officer in Jetson Construction Sdn Bhd, a wholly-owned subsidiary of Kumpulan Jetson Berhad. Prior to this, he held senior management positions in Limitless LLC. (international development arm of Dubai World LLC), Genting Malaysia Berhad, Kumpulan Jetson Berhad and other public companies listed on the Bursa Malaysia Securities Berhad. He has vast management experience in the property, construction and hospitality industry in Malaysia and overseas.
Directorship of public companies (if any): N/A
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: Kumpulan Jetson Berhad - 5,000 ordinary shares (0.008%) (Direct)
Remarks: The current position of Mr Lee Chee Hoe in Jetson Construction Sdn Bhd should be Chief Executive Officer and not Chief Executive Director as announced on 11 August 2010.
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 12/08/2010
Announcement Detail:
Date of change: 11/08/2010
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Name: LEE CHEE HOE
Age: 37
Nationality: Malaysian
Qualifications: Bachelor of Business Administration (Hons.) majoring in Finance
Working experience and occupation: Currently, Mr Lee Chee Hoe is holding the position of Chief Executive Officer in Jetson Construction Sdn Bhd, a wholly-owned subsidiary of Kumpulan Jetson Berhad. Prior to this, he held senior management positions in Limitless LLC. (international development arm of Dubai World LLC), Genting Malaysia Berhad, Kumpulan Jetson Berhad and other public companies listed on the Bursa Malaysia Securities Berhad. He has vast management experience in the property, construction and hospitality industry in Malaysia and overseas.
Directorship of public companies (if any): N/A
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: Kumpulan Jetson Berhad - 5,000 ordinary shares (0.008%) (Direct)
Remarks: The current position of Mr Lee Chee Hoe in Jetson Construction Sdn Bhd should be Chief Executive Officer and not Chief Executive Director as announced on 11 August 2010.
FPI - RECURRENT RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: FORMOSA PROSONIC INDUSTRIES BERHAD
Stock Name: FPI
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: RECURRENT RELATED PARTY TRANSACTIONS
Contents: We refer to our announcement made on 6 July 2010 and wishes to announce that as at 31 July 2010 the total amount of Recurrent Related Party Transactions ("RRPTs") entered into by the Company has exceeded by another 10% of the estimated value of the transactions value as disclosed in the Company's Circular to Shareholders dated 25 August 2009.
The estimated value of RRPTs as disclosed in the circular to shareholder was RM69,871,000 ("Estimated Value")
As announced in 6 July 2010 the actual value of the RRPTs transacted, from 17 September 2009, being the date on which the existing mandate was obtained up to 30 June 2010 was RM82,866,000 ("Actual Value"). The Actual Value transacted up to 31 July 2010 has increased to RM92,965,000.
The incremental Actual Value transacted as at 31 July 2010 amounted to RM10,099,000 or 12.18%. The Actual Value transacted up to 31 July 2010 as compared to the Estimated Value varied by RM23,094,000 or 33.05%.
The difference was due to increased customer purchase orders received by the Related parties which was higher than budgeted by the Company.
This announcement is dated 12 August 2010.
Company Name: FORMOSA PROSONIC INDUSTRIES BERHAD
Stock Name: FPI
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: RECURRENT RELATED PARTY TRANSACTIONS
Contents: We refer to our announcement made on 6 July 2010 and wishes to announce that as at 31 July 2010 the total amount of Recurrent Related Party Transactions ("RRPTs") entered into by the Company has exceeded by another 10% of the estimated value of the transactions value as disclosed in the Company's Circular to Shareholders dated 25 August 2009.
The estimated value of RRPTs as disclosed in the circular to shareholder was RM69,871,000 ("Estimated Value")
As announced in 6 July 2010 the actual value of the RRPTs transacted, from 17 September 2009, being the date on which the existing mandate was obtained up to 30 June 2010 was RM82,866,000 ("Actual Value"). The Actual Value transacted up to 31 July 2010 has increased to RM92,965,000.
The incremental Actual Value transacted as at 31 July 2010 amounted to RM10,099,000 or 12.18%. The Actual Value transacted up to 31 July 2010 as compared to the Estimated Value varied by RM23,094,000 or 33.05%.
The difference was due to increased customer purchase orders received by the Related parties which was higher than budgeted by the Company.
This announcement is dated 12 August 2010.
GADANG - Results of Extraordinary General Meeting ("EGM")
Announcement Type: General Announcement
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: Results of Extraordinary General Meeting ("EGM")
Contents: The Board of Directors of Gadang Holdings Berhad ("the Company") is pleased to announce that the shareholders of the Company have, at the EGM held today, approved all the resolutions as set out in the Notice of EGM dated 21 July 2010.
This announcement is dated 12 August 2010.
Company Name: GADANG HOLDINGS BHD
Stock Name: GADANG
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: Results of Extraordinary General Meeting ("EGM")
Contents: The Board of Directors of Gadang Holdings Berhad ("the Company") is pleased to announce that the shareholders of the Company have, at the EGM held today, approved all the resolutions as set out in the Notice of EGM dated 21 July 2010.
This announcement is dated 12 August 2010.
BONIA - General Announcement
Announcement Type: General Announcement
Company Name: BONIA CORPORATION BERHAD
Stock Name: BONIA
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: BONIA CORPORATION BERHAD
Proposed Disposal of 25% equity interest representing 125,000 Ordinary Shares of RM 1.00 each in New Series Sdn Bhd ("NSSB") for RM125,000.00 to Mr Boonnam Boonnamsap and Mr Chan Fook Hong ("Proposed Disposal") and Transfer of the remaining 75% equity interest representing 375,000 Ordinary Shares of RM 1.00 each in NSSB to Dominion Directions Sdn Bhd ("DDSB") ("Proposed Transfer").
Contents: The Board of Directors ("Board") of Bonia Corporation Berhad ("Bonia" or "the Company") is pleased to announce that the Company had on 12 August 2010 approved the disposal of 25% shareholdings of 125,000 ordinary shares of RM1.00 each in New Series Sdn Bhd ("NSSB"), a wholly owned subsidiary of Bonia to Mr Boonnam Boonnamsap and Mr Chan Fook Hong for RM75,000.00 and RM50,000.00 representing 15% and 10% equity interest respectively ("Proposed Disposal"). The remaining 75% is to be transferred to Dominion Directions Sdn Bhd ("DDSB"), a wholly owned subsidiary of Bonia.
Company Name: BONIA CORPORATION BERHAD
Stock Name: BONIA
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: BONIA CORPORATION BERHAD
Proposed Disposal of 25% equity interest representing 125,000 Ordinary Shares of RM 1.00 each in New Series Sdn Bhd ("NSSB") for RM125,000.00 to Mr Boonnam Boonnamsap and Mr Chan Fook Hong ("Proposed Disposal") and Transfer of the remaining 75% equity interest representing 375,000 Ordinary Shares of RM 1.00 each in NSSB to Dominion Directions Sdn Bhd ("DDSB") ("Proposed Transfer").
Contents: The Board of Directors ("Board") of Bonia Corporation Berhad ("Bonia" or "the Company") is pleased to announce that the Company had on 12 August 2010 approved the disposal of 25% shareholdings of 125,000 ordinary shares of RM1.00 each in New Series Sdn Bhd ("NSSB"), a wholly owned subsidiary of Bonia to Mr Boonnam Boonnamsap and Mr Chan Fook Hong for RM75,000.00 and RM50,000.00 representing 15% and 10% equity interest respectively ("Proposed Disposal"). The remaining 75% is to be transferred to Dominion Directions Sdn Bhd ("DDSB"), a wholly owned subsidiary of Bonia.
SJC - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: SENI JAYA CORPORATION BERHAD
Stock Name: SJC
Date Announced: 12/08/2010
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)
Company Name: SENI JAYA CORPORATION BERHAD
Stock Name: SJC
Date Announced: 12/08/2010
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)
SEG - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: SEG INTERNATIONAL BHD ("SEGi" OR THE "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF 124,729,857 FIVE (5)-YEAR 2010/2015 WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) NEW WARRANT FOR EVERY TWO (2) ORDINARY SHARES OF RM0.50 EACH IN SEGi ("SEGi SHARES") HELD AT 5:00P.M. ON 26 JULY 2010 AT AN ISSUE PRICE OF RM0.05 CASH PER WARRANT ("RIGHTS ISSUE")
Contents: On behalf of the Board of Directors of SEGi ("Board"), Kenanga Investment Bank Berhad wishes to announce that as at the close of acceptance and payment of the Rights Issue at 5.00 p.m. on 10 August 2010, the total acceptances and excess applications received for the Rights Issue was for 194,422,796 Warrants, representing approximately 155.88% of the 124,729,857 Warrants available for acceptance under the Rights Issue, or an over-subscription rate of 1.56 times.
Details of acceptance by entitled shareholders including excess applications received as at the close of acceptance and payment of the Rights Issue at 5.00 p.m. on 10 August 2010 are set out in Table 1 below.
The basis of allotment for excess Warrants, as set out in the Abridged Prospectus dated 26 July 2010, is in the following priority:-
(i) firstly, to minimise the incidence of odd lots;
(ii) secondly, for allocation to the shareholders of SEGi who are registered in SEGi's Record of Depositors at 5.00 p.m. on 26 July 2010 ("Entitlement Date") ("Entitled Shareholders") and/or their renouncee(s) (if applicable) who have applied for excess Warrants on a pro-rata basis and in board lot, calculated based on their respective shareholdings on the Entitlement Date; and
(iii) thirdly, for allocation to Entitled Shareholders and/or their renouncee(s) (if applicable) who have applied for excess Warrants on a pro-rata basis calculated based on the quantum of excess Warrants applied for.
This announcement is dated 12 August 2010.
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: SEG INTERNATIONAL BHD ("SEGi" OR THE "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF 124,729,857 FIVE (5)-YEAR 2010/2015 WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) NEW WARRANT FOR EVERY TWO (2) ORDINARY SHARES OF RM0.50 EACH IN SEGi ("SEGi SHARES") HELD AT 5:00P.M. ON 26 JULY 2010 AT AN ISSUE PRICE OF RM0.05 CASH PER WARRANT ("RIGHTS ISSUE")
Contents: On behalf of the Board of Directors of SEGi ("Board"), Kenanga Investment Bank Berhad wishes to announce that as at the close of acceptance and payment of the Rights Issue at 5.00 p.m. on 10 August 2010, the total acceptances and excess applications received for the Rights Issue was for 194,422,796 Warrants, representing approximately 155.88% of the 124,729,857 Warrants available for acceptance under the Rights Issue, or an over-subscription rate of 1.56 times.
Details of acceptance by entitled shareholders including excess applications received as at the close of acceptance and payment of the Rights Issue at 5.00 p.m. on 10 August 2010 are set out in Table 1 below.
The basis of allotment for excess Warrants, as set out in the Abridged Prospectus dated 26 July 2010, is in the following priority:-
(i) firstly, to minimise the incidence of odd lots;
(ii) secondly, for allocation to the shareholders of SEGi who are registered in SEGi's Record of Depositors at 5.00 p.m. on 26 July 2010 ("Entitlement Date") ("Entitled Shareholders") and/or their renouncee(s) (if applicable) who have applied for excess Warrants on a pro-rata basis and in board lot, calculated based on their respective shareholdings on the Entitlement Date; and
(iii) thirdly, for allocation to Entitled Shareholders and/or their renouncee(s) (if applicable) who have applied for excess Warrants on a pro-rata basis calculated based on the quantum of excess Warrants applied for.
This announcement is dated 12 August 2010.
TRIUMPL - General Announcement
Announcement Type: General Announcement
Company Name: TRIUMPHAL ASSOCIATES BHD
Stock Name: TRIUMPL
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: TRIUMPHAL ASSOCIATES BHD. ("TAS") or ("the Company")
- INCREASE IN PAID UP CAPITAL IN THE WHOLLY-OWNED SUBSIDIARY COMPANY - TRIUMPHAL PRECISION ENGINEERING (ZHEJIANG) LTD. IN CHINA
Contents: Further to the announcement made on 7 July 2010, TAS wishes to announce that TAS has remitted USD600,000 to China to increase the paid-up capital in its wholly-owned subsidiary, Triumphal Precision Engineering (Zhejiang) Ltd to USD12,600,000. The fund was internally generated.
The total registered capital was increased from USD12,000,000 to USD15,000,000.
Company Name: TRIUMPHAL ASSOCIATES BHD
Stock Name: TRIUMPL
Date Announced: 12/08/2010
Announcement Detail:
Type: Announcement
Subject: TRIUMPHAL ASSOCIATES BHD. ("TAS") or ("the Company")
- INCREASE IN PAID UP CAPITAL IN THE WHOLLY-OWNED SUBSIDIARY COMPANY - TRIUMPHAL PRECISION ENGINEERING (ZHEJIANG) LTD. IN CHINA
Contents: Further to the announcement made on 7 July 2010, TAS wishes to announce that TAS has remitted USD600,000 to China to increase the paid-up capital in its wholly-owned subsidiary, Triumphal Precision Engineering (Zhejiang) Ltd to USD12,600,000. The fund was internally generated.
The total registered capital was increased from USD12,000,000 to USD15,000,000.
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