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: 05/08/2010
Announcement Detail:
Date of buy back: 05/08/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 10,000
Minimum price paid for each share purchased ($$): 1.180
Maximum price paid for each share purchased ($$): 1.180
Total consideration paid ($$): 11,800.00
Number of shares purchased retained in treasury (units): 10,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,679,400
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.57
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 05/08/2010
Announcement Detail:
Date of buy back: 05/08/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 10,000
Minimum price paid for each share purchased ($$): 1.180
Maximum price paid for each share purchased ($$): 1.180
Total consideration paid ($$): 11,800.00
Number of shares purchased retained in treasury (units): 10,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 6,679,400
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 (%): 5.57
HEXAGON - General Announcement
Announcement Type: General Announcement
Company Name: HEXAGON HOLDINGS BHD
Stock Name: HEXAGON
Date Announced: 05/08/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NM-100803-56732
Subject: Supply of Corporate Visual Identity Products by Hexagon Europe GmbH (in partnership with reputable English sign company) for Global Multinational Energy Company
Contents: We refer to your query letter dated 4 August 2010 and furnish herewith the following additional information for your attention:-
1. The details of the partner:-
Xmo Strata Ltd - one of the leading sign Company who specialize in Sign installation and rebranding, Sign maintenance, Sign refurbishment.
2. The breakdown of Hexagon Europe GmbH's total capital and investment outlay in the partnership:-
There is no partnership agreement as HXE participated in the programme as a joint-bidder with the partner mentioned above. As such, HXE is not required to contribute any capital and/ or investment outlay in the partnership.
3. The terms of cost and profit sharing of the partnership with the reputable sign company in England:
There is no cost and profit sharing in the partnership. HXE's portion of work is estimated at RM40million for the manufacture and supply of corporate visual identity products. Whilst our partner shall undertake installation services.
Query Letter content: We refer to your announcement dated 2 August 2010 in respect of the above
matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The details of the partner.
The breakdown of Hexagon Europe GmbH's total capital and investment outlay in
the partnership.
3. The terms of cost and profit sharing of the partnership with the reputable
sign company in England.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
Company Name: HEXAGON HOLDINGS BHD
Stock Name: HEXAGON
Date Announced: 05/08/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NM-100803-56732
Subject: Supply of Corporate Visual Identity Products by Hexagon Europe GmbH (in partnership with reputable English sign company) for Global Multinational Energy Company
Contents: We refer to your query letter dated 4 August 2010 and furnish herewith the following additional information for your attention:-
1. The details of the partner:-
Xmo Strata Ltd - one of the leading sign Company who specialize in Sign installation and rebranding, Sign maintenance, Sign refurbishment.
2. The breakdown of Hexagon Europe GmbH's total capital and investment outlay in the partnership:-
There is no partnership agreement as HXE participated in the programme as a joint-bidder with the partner mentioned above. As such, HXE is not required to contribute any capital and/ or investment outlay in the partnership.
3. The terms of cost and profit sharing of the partnership with the reputable sign company in England:
There is no cost and profit sharing in the partnership. HXE's portion of work is estimated at RM40million for the manufacture and supply of corporate visual identity products. Whilst our partner shall undertake installation services.
Query Letter content: We refer to your announcement dated 2 August 2010 in respect of the above
matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The details of the partner.
The breakdown of Hexagon Europe GmbH's total capital and investment outlay in
the partnership.
3. The terms of cost and profit sharing of the partnership with the reputable
sign company in England.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
ENG - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: ENG TEKNOLOGI HOLDINGS BHD
Stock Name: ENG
Date Announced: 05/08/2010
Announcement Detail:
Date of buy back: 05/08/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 25,000
Minimum price paid for each share purchased ($$): 1.950
Maximum price paid for each share purchased ($$): 1.950
Total consideration paid ($$): 48,750.00
Number of shares purchased retained in treasury (units): 25,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 499,800
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.41
Remarks: Total consideration paid for the shares is exclusive of brokerage, clearing fee and stamp duty
Company Name: ENG TEKNOLOGI HOLDINGS BHD
Stock Name: ENG
Date Announced: 05/08/2010
Announcement Detail:
Date of buy back: 05/08/2010
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 25,000
Minimum price paid for each share purchased ($$): 1.950
Maximum price paid for each share purchased ($$): 1.950
Total consideration paid ($$): 48,750.00
Number of shares purchased retained in treasury (units): 25,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 499,800
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 (%): 0.41
Remarks: Total consideration paid for the shares is exclusive of brokerage, clearing fee and stamp duty
FSBM - Change in Remuneration Committee and Nomination Committee
Announcement Type: General Announcement
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: Change in Remuneration Committee and Nomination Committee
Contents: The Board of Directors of FSBM Holdings Berhad ("the Company") wishes to announce that, Dato' Ir Dr.Abdul Rahim Bin Daud, an independent non-executive director of the Company, has been appointed as the member of Remuneration Committee and Nomination Commitee with immediate effect in place of Mr. Lim Kuo Phau @ Vincent Lim Kuo Phau.
Composition of the committees after change:-
Remuneration Committee :
1. Mr. Loh Hung Lee @ Loh Khiun Lee, Independent Non-Executive Director-Chairman
2. Tan Sri Dato' Seri Dr. Haji Zainul Ariff Bin Haji Hussain, Independent Non-Executive Director
3. Dato' Ir Dr.Abdul Rahim Bin Daud,Independent Non-Executive Director
4. Dato' Tan Hock San @ Tan Hock Ming, Non-Independent Executive Director
Nomination Committee :
1. Dato' Ir Dr.Abdul Rahim Bin Daud,Independent Non-Executive Director-Chairman
2. Tan Sri Dato' Seri Dr. Haji Zainul Ariff Bin Haji Hussain, Independent Non-Executive Director
3. Mr. Loh Hung Lee @ Loh Khiun Lee, Independent Non-Executive Director
This announcement is dated 05 August 2010
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: Change in Remuneration Committee and Nomination Committee
Contents: The Board of Directors of FSBM Holdings Berhad ("the Company") wishes to announce that, Dato' Ir Dr.Abdul Rahim Bin Daud, an independent non-executive director of the Company, has been appointed as the member of Remuneration Committee and Nomination Commitee with immediate effect in place of Mr. Lim Kuo Phau @ Vincent Lim Kuo Phau.
Composition of the committees after change:-
Remuneration Committee :
1. Mr. Loh Hung Lee @ Loh Khiun Lee, Independent Non-Executive Director-Chairman
2. Tan Sri Dato' Seri Dr. Haji Zainul Ariff Bin Haji Hussain, Independent Non-Executive Director
3. Dato' Ir Dr.Abdul Rahim Bin Daud,Independent Non-Executive Director
4. Dato' Tan Hock San @ Tan Hock Ming, Non-Independent Executive Director
Nomination Committee :
1. Dato' Ir Dr.Abdul Rahim Bin Daud,Independent Non-Executive Director-Chairman
2. Tan Sri Dato' Seri Dr. Haji Zainul Ariff Bin Haji Hussain, Independent Non-Executive Director
3. Mr. Loh Hung Lee @ Loh Khiun Lee, Independent Non-Executive Director
This announcement is dated 05 August 2010
FSBM - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 05/08/2010
Announcement Detail:
Date of change: 05/08/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: DATO' IR DR. ABDUL RAHIM BIN DAUD
Age: 62
Nationality: Malaysian
Qualifications: �?�B. Eng (Hons) Electronic, Liverpool
�?�M.SC (Eng) Communication, Birmingham
�?�PhD (Eng), University of Bath, UK
�?�MBA (Ohio), USA
�?�P.ENG - Member of Professional Engineer Malaysia
�?�FIFM - Fellow of Institution of Engineers
Working experience and occupation: Joined Jabatan Telekom (TM) in 1973. Vast experience in TM group and held various positions :-
�?� Chief Operating Officer from 1996 to 31 Jan 2001
�?� Executive Director of TM Group from 1998 to 31 Jan 2001
�?� Executive Director, Corporate Strategy and Development from 1 Feb 2001 to 28 May 2001
�?� Group Deputy Chief Executive/Executive Director from 29 May 2001 until his retirement on 30 June 2004. He remained on the Board of TM as an Independent Non-Executive Director until April 2008.
Others:-
�?� First Malaysian elected as Chairman of Commonwealth Telecommunications Organization (CTO) in London from September 1999 to November 2002
�?� Joined the Board of Governor of Intelsat (International Satellite Consortium in Washington DC) for 2 years until its privatization in 2002.
�?� Completed the Advanced Management Program (AMP) from the Harvard Business School and Senior Executive Development Program from the Wharton School of Business, Pennyslvania, USA.
�?� Adjunct Professor of University Kebangsaan Malaysia.
�?� Chairman/Board Member of a number of subsidiaries of TM.
Directorship of public companies (if any): None
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: None
Composition of Audit Committee (Name and Directorate of members after change): Tan Sri Dato' Seri Dr. Haji Zainul Ariff Bin Haji Hussain (Independent Non-Executive Director) -Chairman
Mr. Loh Hung Lee @ Loh Khiun Lee (Independent Non-Executive Director)
Dato' Ir Dr. Abdul Rahim Bin Daud (Independent Non-Executive Director)
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 05/08/2010
Announcement Detail:
Date of change: 05/08/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: DATO' IR DR. ABDUL RAHIM BIN DAUD
Age: 62
Nationality: Malaysian
Qualifications: �?�B. Eng (Hons) Electronic, Liverpool
�?�M.SC (Eng) Communication, Birmingham
�?�PhD (Eng), University of Bath, UK
�?�MBA (Ohio), USA
�?�P.ENG - Member of Professional Engineer Malaysia
�?�FIFM - Fellow of Institution of Engineers
Working experience and occupation: Joined Jabatan Telekom (TM) in 1973. Vast experience in TM group and held various positions :-
�?� Chief Operating Officer from 1996 to 31 Jan 2001
�?� Executive Director of TM Group from 1998 to 31 Jan 2001
�?� Executive Director, Corporate Strategy and Development from 1 Feb 2001 to 28 May 2001
�?� Group Deputy Chief Executive/Executive Director from 29 May 2001 until his retirement on 30 June 2004. He remained on the Board of TM as an Independent Non-Executive Director until April 2008.
Others:-
�?� First Malaysian elected as Chairman of Commonwealth Telecommunications Organization (CTO) in London from September 1999 to November 2002
�?� Joined the Board of Governor of Intelsat (International Satellite Consortium in Washington DC) for 2 years until its privatization in 2002.
�?� Completed the Advanced Management Program (AMP) from the Harvard Business School and Senior Executive Development Program from the Wharton School of Business, Pennyslvania, USA.
�?� Adjunct Professor of University Kebangsaan Malaysia.
�?� Chairman/Board Member of a number of subsidiaries of TM.
Directorship of public companies (if any): None
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: None
Composition of Audit Committee (Name and Directorate of members after change): Tan Sri Dato' Seri Dr. Haji Zainul Ariff Bin Haji Hussain (Independent Non-Executive Director) -Chairman
Mr. Loh Hung Lee @ Loh Khiun Lee (Independent Non-Executive Director)
Dato' Ir Dr. Abdul Rahim Bin Daud (Independent Non-Executive Director)
FSBM - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 05/08/2010
Announcement Detail:
Date of change: 05/08/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: DATO' IR DR. ABDUL RAHIM BIN DAUD
Age: 62
Nationality: Malaysian
Qualifications: �?�B. Eng (Hons) Electronic, Liverpool
�?�M.SC (Eng) Communication, Birmingham
�?�PhD (Eng), University of Bath, UK
�?�MBA (Ohio), USA
�?�P.ENG - Member of Professional Engineer Malaysia
�?�FIFM - Fellow of Institution of Engineers
Working experience and occupation: Joined Jabatan Telekom (TM) in 1973. Vast experience in TM group and held various positions :-
�?� Chief Operating Officer from 1996 to 31 Jan 2001
�?� Executive Director of TM Group from 1998 to 31 Jan 2001
�?� Executive Director, Corporate Strategy and Development from 1 Feb 2001 to 28 May 2001
�?� Group Deputy Chief Executive/Executive Director from 29 May 2001 until his retirement on 30 June 2004. He remained on the Board of TM as an Independent Non-Executive Director until April 2008.
Others:-
�?� First Malaysian elected as Chairman of Commonwealth Telecommunications Organization (CTO) in London from September 1999 to November 2002
�?� Joined the Board of Governor of Intelsat (International Satellite Consortium in Washington DC) for 2 years until its privatization in 2002.
�?� Completed the Advanced Management Program (AMP) from the Harvard Business School and Senior Executive Development Program from the Wharton School of Business, Pennyslvania, USA.
�?� Adjunct Professor of University Kebangsaan Malaysia.
�?� Chairman/Board Member of a number of subsidiaries of TM.
Directorship of public companies (if any): None
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: None
Company Name: FSBM HOLDINGS BERHAD
Stock Name: FSBM
Date Announced: 05/08/2010
Announcement Detail:
Date of change: 05/08/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: DATO' IR DR. ABDUL RAHIM BIN DAUD
Age: 62
Nationality: Malaysian
Qualifications: �?�B. Eng (Hons) Electronic, Liverpool
�?�M.SC (Eng) Communication, Birmingham
�?�PhD (Eng), University of Bath, UK
�?�MBA (Ohio), USA
�?�P.ENG - Member of Professional Engineer Malaysia
�?�FIFM - Fellow of Institution of Engineers
Working experience and occupation: Joined Jabatan Telekom (TM) in 1973. Vast experience in TM group and held various positions :-
�?� Chief Operating Officer from 1996 to 31 Jan 2001
�?� Executive Director of TM Group from 1998 to 31 Jan 2001
�?� Executive Director, Corporate Strategy and Development from 1 Feb 2001 to 28 May 2001
�?� Group Deputy Chief Executive/Executive Director from 29 May 2001 until his retirement on 30 June 2004. He remained on the Board of TM as an Independent Non-Executive Director until April 2008.
Others:-
�?� First Malaysian elected as Chairman of Commonwealth Telecommunications Organization (CTO) in London from September 1999 to November 2002
�?� Joined the Board of Governor of Intelsat (International Satellite Consortium in Washington DC) for 2 years until its privatization in 2002.
�?� Completed the Advanced Management Program (AMP) from the Harvard Business School and Senior Executive Development Program from the Wharton School of Business, Pennyslvania, USA.
�?� Adjunct Professor of University Kebangsaan Malaysia.
�?� Chairman/Board Member of a number of subsidiaries of TM.
Directorship of public companies (if any): None
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: None
PREMIUM - General Announcement
Announcement Type: General Announcement
Company Name: PREMIUM NUTRIENTS BERHAD
Stock Name: PREMIUM
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: PREMIUM NUTRIENTS BERHAD ("PREMIUM / THE COMPANY")
EXTENSION OF TIME FOR COMPLIANCE WITH THE PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA MALAYSIA")
Contents: Further to our announcement on 15 July 2010, the Company wishes to inform that Bursa Malaysia has granted an approval to the Company for an extension of three months until 7 October 2010 to comply with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of Listing Requirements.
The level of public shareholding spread of the Company as at 9 July 2010 are as follows:
Percentage (%) of Public Shareholdings : 23.40%
Shortfall for percentage (%) of public shareholding spread : 1.6%
Number of Public Shareholders holding not less than 100 shares:4,775
The Company has taken steps to rectify the shortfall in the public spread to 25%, which include amongst others the following:-
i) The major shareholders to sell down their existing shares gradually.
This announcement is dated 5 August 2010.
Company Name: PREMIUM NUTRIENTS BERHAD
Stock Name: PREMIUM
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: PREMIUM NUTRIENTS BERHAD ("PREMIUM / THE COMPANY")
EXTENSION OF TIME FOR COMPLIANCE WITH THE PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA MALAYSIA")
Contents: Further to our announcement on 15 July 2010, the Company wishes to inform that Bursa Malaysia has granted an approval to the Company for an extension of three months until 7 October 2010 to comply with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of Listing Requirements.
The level of public shareholding spread of the Company as at 9 July 2010 are as follows:
Percentage (%) of Public Shareholdings : 23.40%
Shortfall for percentage (%) of public shareholding spread : 1.6%
Number of Public Shareholders holding not less than 100 shares:4,775
The Company has taken steps to rectify the shortfall in the public spread to 25%, which include amongst others the following:-
i) The major shareholders to sell down their existing shares gradually.
This announcement is dated 5 August 2010.
KKB - DECLARATION OF INTERIM DIVIDEND
Announcement Type: General Announcement
Company Name: KKB ENGINEERING BERHAD
Stock Name: KKB
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: DECLARATION OF INTERIM DIVIDEND
Contents: The Board of Directors of KKB Engineering Berhad has on 5 August 2010 declared an interim dividend of 5 sen per ordinary share of RM0.50 each, less Malaysian income tax at 25%, in respect of the financial year ending 31 December 2010. The dates of dividend entitlement and payment will be determined and announced at a later date.
Company Name: KKB ENGINEERING BERHAD
Stock Name: KKB
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: DECLARATION OF INTERIM DIVIDEND
Contents: The Board of Directors of KKB Engineering Berhad has on 5 August 2010 declared an interim dividend of 5 sen per ordinary share of RM0.50 each, less Malaysian income tax at 25%, in respect of the financial year ending 31 December 2010. The dates of dividend entitlement and payment will be determined and announced at a later date.
KKB - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: KKB ENGINEERING BERHAD
Stock Name: KKB
Date Announced: 05/08/2010
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: KKB ENGINEERING BERHAD
Stock Name: KKB
Date Announced: 05/08/2010
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)
MAXBIZ - General Announcement
Announcement Type: General Announcement
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- WINDING UP PETITION (NO. 28 NCC-459-2010) SERVED ON M.K.K INDUSTRIES SDN. BHD. (MKK), A WHOLLY-OWNED SUBSIDIARY OF MAXBIZ CORPORATION BERHAD
Contents: We act for and on behalf of MAXBIZ.
Further to MAXBIZ's announcements made on 5 July 2010, 7 July 2010 and 9 July 2010, the Board of Directors of MAXBIZ wishes to announce that Intertrad Limited t/a Sclavos International and MKK are in the process of negotiating settlement and it has been agreed that the winding up petition shall be put on hold and be kept in abeyance for a period of three (3) months from 3 August 2010 pending settlement.
This announcement is dated 5 August 2010.
Company Name: MAXBIZ CORPORATION BERHAD
Stock Name: MAXBIZ
Date Announced: 05/08/2010
Announcement Detail:
Type: Announcement
Subject: MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- WINDING UP PETITION (NO. 28 NCC-459-2010) SERVED ON M.K.K INDUSTRIES SDN. BHD. (MKK), A WHOLLY-OWNED SUBSIDIARY OF MAXBIZ CORPORATION BERHAD
Contents: We act for and on behalf of MAXBIZ.
Further to MAXBIZ's announcements made on 5 July 2010, 7 July 2010 and 9 July 2010, the Board of Directors of MAXBIZ wishes to announce that Intertrad Limited t/a Sclavos International and MKK are in the process of negotiating settlement and it has been agreed that the winding up petition shall be put on hold and be kept in abeyance for a period of three (3) months from 3 August 2010 pending settlement.
This announcement is dated 5 August 2010.
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