September 22, 2010

Company announcements: ASB, MENANG, KULIM, FIMACOR, KFC, LIENHOE, OILCORP, MAS, SIME, LIONIND

ASB - General Announcement

Announcement Type: General Announcement
Company Name: ADVANCE SYNERGY BERHAD
Stock Name: ASB
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: ADVANCE SYNERGY BERHAD ("ASB")
ORIGINATING SUMMONS NO. D-24NCC-72-2009 DATED 3 NOVEMBER 2009 SERVED ON ADVANCE SYNERGY CAPITAL SDN BHD ("ASCAP"), A WHOLLY-OWNED SUBSIDIARY OF ASB, BY ACE INA INTERNATIONAL HOLDINGS LTD ("ACE INA")("ORIGINATING SUMMONS")

Contents: We refer to our announcements on 10 November 2009, 12 November 2009, 13 May 2010 and 13 September 2010 as well as the updates provided in the quarterly financial results announcements on 24 February 2010, 25 May 2010 and 25 August 2010 concerning the Originating Summons.

We wish to inform the Exchange that ASCAP has received a letter dated 20 September 2010 from the solicitors of ACE INA ("ACE INA Solicitors") notifying ASCAP that ACE INA has accepted the terms of the Minister of Finance's approval in respect of their proposed acquisition from ASCAP of ASCAP's 49% equity interest in ACE Synergy Insurance Berhad ("Transaction"). In the said letter, ACE INA Solicitors informed ASCAP that the relevant sale and purchase agreement must be executed by ASCAP and ASB within 3 days from the date of the letter, failing which the agreement is deemed to have become effective and binding on ASCAP and ASB. ACE INA Solicitors also informed ASCAP that completion of the Transaction shall occur on 28 September 2010.

ASCAP's solicitors have written to ACE INA Solicitors to inform that pending the hearing fixed on 8 November 2010 of ASCAP's application for Leave to Appeal to the Federal Court, ASCAP will not complete the Transaction.

This announcement is dated 22 September 2010.


MENANG - MENANG CORPORATION (M) BERHAD ? PROPOSED CAPITAL REDUCTION; AND ? PROPOSED M&A AMENDMENT.

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: MENANG CORPORATION (M) BERHAD
Stock Name: MENANG
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: MENANG CORPORATION (M) BERHAD
? PROPOSED CAPITAL REDUCTION; AND
? PROPOSED M&A AMENDMENT.

Contents: On behalf of the Board of Directors of Menang Corporation (M) Berhad ("Menang" or "Company"), MIMB Investment Bank Berhad is pleased to announce that the Company is proposing to undertake the following proposals:-

(a) proposed capital reduction of the issued and paid-up share capital of Menang via the cancellation of RM0.50 in the par value of each ordinary shares of RM1.00 each in Menang resulting in a new par value of RM0.50 for each ordinary share in Menang pursuant to Section 64 of the Companies Act, 1965 ("Proposed Capital Reduction"); and

(b) proposed amendments to the Memorandum & Articles of Association of Menang to facilitate the change in the par value of the Menang shares resulting from the Proposed Capital Reduction ("Proposed M&A Amendments"),

hereinafter collectively referred to as the "Proposals".

Please refer to the attached announcement for details relating to the Proposals.


This announcement is dated 22 September 2010.

Attachments: Menang-PCR.pdf


KULIM - General Announcement

Announcement Type: General Announcement
Company Name: KULIM (MALAYSIA) BERHAD
Stock Name: KULIM
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: KULIM (MALAYSIA) BERHAD ("KULIM" OR "THE COMPANY")
PROPOSED DISPOSAL BY KULIM ("VENDOR") OF A PROPERTY KNOWN AS MENARA ANSAR ("THE SUBJECT PROPERTY") TO AL-'AQAR KPJ REIT ("AL-'AQAR" OR "PURCHASER") FOR A TOTAL SALE CONSIDERATION OF RM105,000,000 TO BE SATISFIED PARTLY BY CASH CONSIDERATION OF RM63,000,140 AND RM41,999,860 BY THE ISSUANCE OF 42,857,000 NEW UNITS IN AL-'AQAR AT AN ISSUE PRICE OF RM0.98 PER UNIT ("PROPOSED DISPOSAL")

Contents: Reference is made to the Company's announcement dated 9 March 2010 in relation to the Proposed Disposal.

The Board of Directors of Kulim ("Board"), had on 9 March 2010 announced that the Company had accepted the offer by AmanahRaya Trustees Berhad, being the trustee acting on behalf of Al-'Aqar ("Trustee") vide the letter of offer dated 9 March 2010 ("Letter of Offer") for the disposal of the Subject Property to Al-'Aqar.

The Board wishes to announce that due to unforeseen circumstances, the Trustee, on behalf of Al-'Aqar, is not able to proceed with the acquisition of the Subject Property from Kulim. As such, the parties involved have mutually agreed not to pursue with the Proposed Disposal in which Kulim had, on 22 September 2010, accepted the Letter of Termination dated 22 September 2010 from the Trustee to give effect to the termination of the Proposed Disposal.

The termination of the Proposed Disposal will not have any material effect on the consolidated earnings per share and net assets per share of Kulim during the current financial year ending 31 December 2010.

The announcement is dated 22 September 2010.


FIMACOR - 35th Annual General Meeting held on 22nd September 2010

Announcement Type: General Announcement
Company Name: FIMA CORPORATION BERHAD
Stock Name: FIMACOR
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: 35th Annual General Meeting held on 22nd September 2010

Contents: The Board of Directors of Fima Corporation Berhad is pleased to advise that all resolutions, as set out in the Notice of the 35th Annual General Meeting dated 25 August 2010, were duly approved by the shareholders present at the meeting this morning, 22 September 2010.


KFC - General Announcement

Announcement Type: General Announcement
Company Name: KFC HOLDINGS (MALAYSIA) BERHAD
Stock Name: KFC
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: KFC HOLDINGS (MALAYSIA) BHD ("KFCH" or the "Company")

PURCHASE OF A PIECE OF LAND IDENTIFIED AS THE LAND MEASURING 20.533 ACRES FORMING PART OF SINDORA TIMBER COMPLEX-LOT 1384, KAWASAN PERINDUSTRIAN FASA 1, BANDAR TENGGARA, 81000 KULAI, JOHOR ("ACQUISITION OF LAND")

Contents: References are made to our announcements dated 27 December 2007, 4 June 2008, 26 September 2008, 24 December 2008, 25 March 2009, 25 September 2009 and 25 March 2010 in relation to the conditional Sale and Purchase Agreement ("SPA") entered into with Sindora Berhad ("Sindora") for the Acquisition of Land.

Pursuant to the SPA, KFCH wishes to announce that KFCH has on 22 September 2010 mutually agreed with Sindora to further extend the condition precedents fulfillment period until 25 March 2011.


LIENHOE - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: LIEN HOE CORPORATION BERHAD
Stock Name: LIENHOE
Date Announced: 22/09/2010

Announcement Detail:
Date of buy back: 22/09/2010

Description of shares purchased: Ordinary shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 759,800

Minimum price paid for each share purchased ($$): 0.295

Maximum price paid for each share purchased ($$): 0.295

Total consideration paid ($$): 225,080.67

Number of shares purchased retained in treasury (units): 759,800

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

Cumulative net outstanding treasury shares as at to-date (units): 17,401,800

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 (%): 4.81


OILCORP - General Announcement

Announcement Type: General Announcement
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: Oilcorp Berhad ("OILCORP" or "the Company")
APPLICATION FOR EXTENSION OF TIME TO COMPLY WITH PRACTICE NOTE NO. 17/2005 ("PN 17") OF THE MAIN MARKET LISTING REQUIREMENTS ("LR") OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Contents: Further to the announcement on 8 September 2010 in relation to the Company's application for an extension of time of six (6) months (i.e. until 22 March 2011) to Bursa Securities to make the requisite announcement and to submit its Regularisation Plan for approval ("the Application"), the Board of Directors wishes to announce that we have been informed by Bursa Securities that the de-listing of the Company's securities in accordance with Rule 8.04 of the LR shall be deferred pending the decision on the Application.

This announcement is dated 22 September 2010.


MAS - General Announcement

Announcement Type: General Announcement
Company Name: MALAYSIAN AIRLINE SYSTEM BERHAD
Stock Name: MAS
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: Subscription of additional shares in MASwings Sdn. Bhd., a wholly-owned subsidiary of Malaysian Airline System Berhad (MAS)

Contents: MAS wishes to announce that it has, on 22 September 2010, acquired an additional 249,998 ordinary shares of RM1/- each in the capital of MASwings Sdn. Bhd. (MW), a wholly-owned subsidiary of MAS by way of loan capitalization.

Information of MW
-----------------

MW was incorporated under the Companies Act, 1965 on 17 May 2007. The authorised capital of MW is RM500,000 divided into 500,000 ordinary shares of RM1/- each, of which 400,000 has been issued and fully paid-up after the acquisition.

Financial Impact and Interest of directors, major shareholders and/or person connected with them
------------------------------------------------------------------------------------------------

The acquisition is not expected to have any material impact on the consolidated earnings of MAS for the financial year ending 31 December 2010.

None of the directors, major shareholders and/or person connected with them has any interest, direct or indirect, in the transaction.


SIME - Change in Boardroom (Amended Announcement)

Announcement Type: Change in Boardroom
Company Name: SIME DARBY BERHAD
Stock Name: SIME
Date Announced: 22/09/2010

Announcement Detail:
Date of change: 26/08/2010

Type of change: Appointment

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: Dato Sri Lim Haw Kuang

Age: 56

Nationality: Malaysian

Qualifications: (i) Bachelor of Science (Computing Science) from Imperial College, University of London.
(ii) Master of Business Administration from the International Management Institute in Geneva (now known as IMD Switzerland).

Working experience and occupation: Dato Sri Lim was appointed Executive Chairman of Shell Companies in China in September 2005. Dato Sri Lim joined Shell in Malaysia in 1978 and has since served in various capacities in IT, Finance, Natural Gas, Exploration and Production, Oil Products and Corporate Head Offices in different Shell operations. Before taking up his current position, Dato Sri Lim was Vice President, Strategy for Shell International in London (2004-2005). Among his earlier roles, he has been President, Oil Products for Asia Pacific and Middle East (Singapore 2002-2004), Chairman, Shell Malaysia (Kuala Lumpur 1999-2002), Managing Director, Shell Malaysia Exploration and Production (1997-2002), Managing Director, Shell Malaysia Exploration and Production (1997-2002), Senior Corporate Adviser, Asia Pacific, Shell International (London 1996-1997), and Business Development Manager for Former Soviet Union and Sakhalin, Shell International Gas (London 1994-1996).

Dato Sri Lim has been appointed by the Chinese government as a member of the China Council for International Cooperation in Environment and Development. He is currently a Special Adviser to the President and Executive Committee of World Business Council for Sustainable Development, a global coalition of some 200 multinational corporations. Dato Sri Lim is a Board Director of the China Business Council for Sustainable Development, and the Honorary President of the Business Council for Sustainable Development in Malaysia.

Directorship of public companies (if any): Shell (China) Limited
Shell China Exploration and Production Company Limited
Shell China Holdings B.V.
Shell China Holdings Limited

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

Remarks: Subsequent to our announcement to Bursa Malaysia Securities Berhad on 17 September 2010 pertaining to the appointment of Dato Sri Lim Haw Kuang as the independent non-executive Director of Sime Darby Berhad, we have received confirmation from Bursatra Sdn Bhd that Dato Sri Lim Haw Kuang had attended the Mandatory Accreditation Programme on 27 and 28 November 2001.


LIONIND - Dealings in Securities by Principal Officers Outside Closed Period

Announcement Type: General Announcement
Company Name: LION INDUSTRIES CORPORATION BERHAD
Stock Name: LIONIND
Date Announced: 22/09/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in Securities by Principal Officers Outside Closed Period

Contents: Pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the principal officers of the Company have dealt in the securities of the Company as set out in Table 1 hereunder.



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