September 21, 2010

Company announcements: BJLAND, LIONIND, SUNWAY, GENM, SAB, AEONCR, TAGB-PA, KIMHIN

BJLAND - General Announcement

Announcement Type: General Announcement
Company Name: BERJAYA LAND BERHAD
Stock Name: BJLAND
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: A. PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

B. PROPOSED RENEWAL OF AUTHORITY TO PURCHASE ITS OWN SHARES BY THE COMPANY

C. PROPOSED AMENDMENT TO THE ARTICLES OF ASSOCIATION OF THE COMPANY

Contents: The Board of Directors of Berjaya Land Berhad ("BLand" or the "Company") wishes to announce the following:-

A. PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Pursuant to paragraph 10.09 of the Bursa Malaysia Securities Berhad's Main Market Listing Requirements ("Listing Requirements"), the Company intends to seek the approval of its shareholders for a proposed renewal of and new shareholders' mandate for recurrent related party transactions of a revenue or trading nature ("Proposed Mandate") at the forthcoming Twentieth Annual General Meeting ("AGM") of the Company.

At the last AGM held on 23 October 2009, the shareholders of the Company had granted a mandate for the Company and its subsidiary companies to enter into recurrent related party transactions. In accordance with paragraph 3.1.4 of Practice Note 12 of the Listing Requirements, the said mandate will lapse at the conclusion of the forthcoming AGM. Pursuant thereto, the Proposed Mandate being sought from shareholders at the forthcoming AGM will also include the renewal of the shareholders' mandate obtained at the last AGM held on 23 October 2009.

B. PROPOSED RENEWAL OF AUTHORITY TO PURCHASE ITS OWN SHARES BY THE COMPANY

The Company intends to seek the approval from its shareholders for the proposed renewal of authority for the Company to purchase its own shares of up to a maximum of 10% of the issued and paid-up share capital of BLand ("Proposed Share Buy-Back") at its forthcoming AGM.

At the last AGM held on 23 October 2009, the shareholders of the Company had granted a mandate for the Company to purchase its own shares. Such mandate will lapse at the conclusion of the forthcoming AGM.

A Circular/Statement to Shareholders setting out the details of the Proposed Mandate and Proposed Share Buy-Back will be despatched to the shareholders of the Company in due course.

C. PROPOSED AMENDMENT TO THE ARTICLES OF ASSOCIATION OF THE COMPANY

The Company also proposes to amend its Articles of Association to include the payment of dividend, interest or other money payable in cash in respect of shares of the Company by way of direct transfer or any other electronic means pursuant to the recent implementation of electronic dividend payment or eDividend by Bursa Malaysia Securities Berhad ("Proposed Amendment").

The shareholders' approval on the Proposed Amendment will be sought under the Special Business at the Company's forthcoming AGM.

The details of the Proposed Amendment will be despatched together with the Notice of AGM.


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: 21/09/2010

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.


SUNWAY - General Announcement

Announcement Type: General Announcement
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- ACQUISITION OF 40% EQUITY INTEREST IN SUNWAY INTERIORS SDN BHD (FORMERLY KNOWN AS SUNWAY-LCL INTERIORS SDN BHD) AND DEED OF MUTUAL TERMINATION BETWEEN SUNWAY CONSTRUCTION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY AND LCL CORPORATION BERHAD

Contents: 1. INTRODUCTION

We wish to inform that Sunway Construction Sdn Bhd ("SunCon"), a wholly-owned subsidiary of Sunway has on 21 September 2010, acquired 4,000 ordinary shares of RM1/- each, representing the remaining 40% equity interest in Sunway Interiors Sdn Bhd (formerly known as Sunway-LCL Interiors Sdn Bhd) ("Sunway Interiors") from LCL Corporation Berhad ("LCL") for a total cash consideration of RM4,000/- [hereinafter referred to as "the Acquisition"]. The purchase consideration was arrived at on a willing buyer willing seller basis. As a result of the Acquisition, Sunway Interiors has become a wholly-owned subsidiary of SunCon.

SunCon has on even date, entered into a Deed of Mutual Termination with LCL to mutually terminate the Shareholders Agreement which was signed with LCL on 21 October 2009. The announcement on the Shareholders Agreement was made on 21 October 2009.

2. INFORMATION ON SUNCON, LCL AND SUNWAY INTERIORS

2.1 SunCon

SunCon is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of SunCon are RM1,000,000,000/- and RM193,954,000/- respectively. The principal activities of SunCon are turnkey, construction related design and build, civil engineering and building works.

2.2 LCL

LCL is a company incorporated in Malaysia and having its registered office at No. A-15-4, Northpoint Offices, Medan Syed Putra Utara, 1 Jalan Syed Putra, Mid Valley City, 59200 Kuala Lumpur. The authorised and paid-up share capital of LCL are RM500,000,000/- and RM71,566,150/- respectively. The principal activities of LCL are investment holding and provision of management services to its subsidiaries which are mainly in interior fit-out businesses.

2.3 SUNWAY INTERIORS

Sunway Interiors, a 60% owned subsidiary of SunCon, is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of Sunway Interiors are RM100,000/- and RM10,000/- respectively. The intended principal activity of Sunway Interiors was to carry on the interior works such as interior fit-out, system furniture and customized joinery system for potential interior fit-out ("IFO") projects in Abu Dhabi but it is presently dormant.

3. BACKGROUND OF SHAREHOLDERS AGREEMENT

Under the Shareholders Agreement, SunCon and LCL had agreed to undertake and carry out IFO projects in Abu Dhabi and any other locations as may be agreed upon from time to time as well as to record their joint venture arrangement and their rights and obligations as shareholders in Sunway Interiors with the following shareholding structure:-

Name of Shareholder Percentage of Shareholding
SunCon 60%
LCL 40%

4. RATIONALE FOR THE ACQUISITION AND TERMINATION OF SHAREHOLDERS AGREEMENT

As Sunway Interiors is presently dormant and has not undertaken any project since its inception, the parties have agreed to mutually terminate the Shareholders Agreement. The Acquisition will allow SunCon to use Sunway Interiors for any future new business.

5. EFFECTS OF THE ACQUISITION AND TERMINATION OF SHAREHOLDERS AGREEMENT

The Acquisition and termination of the Shareholders Agreement have no material effect on Sunway's earnings per share and net assets per share. There will be no effect on the share capital and substantial shareholders' shareholding of Sunway.

6. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

Insofar as the Directors are aware, none of the directors or major shareholders of Sunway or persons connected with them has any interest, whether direct or indirect, in the Acquisition and termination of the Shareholders Agreement.

This announcement is dated 21 September 2010.


SUNWAY - General Announcement

Announcement Type: General Announcement
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- PROPOSED ISSUANCE OF UP TO RM500.0 MILLION IN NOMINAL VALUE OF COMMERCIAL PAPERS AND/OR MEDIUM TERM NOTES UNDER A COMMERCIAL PAPER/MEDIUM TERM NOTE PROGRAMME ("CP/MTN PROGRAMME")

Contents: The Board of Directors of Sunway wishes to announce that Sunway proposes to issue commercial papers and/or medium term notes (collectively referred to as the "Notes") of up to RM500.0 million in nominal value pursuant to a CP/MTN Programme.

RHB Investment Bank Berhad has been mandated by Sunway as the Principal Adviser/Lead Arranger for the CP/MTN Programme.

Sunway may at its election (but shall not be obliged to do so) and prior to any issuance of the Notes nominate each of either OCBC Bank (Malaysia) Berhad and/or RHB Bank Berhad to guarantee up to the maximum amount of RM100.0 million each of any series of the Notes. The bank guarantees to be issued by OCBC Bank (Malaysia) Berhad and/or RHB Bank Berhad, as the case may be, shall have the tenor of not more than 5 years from the first issue date of the Notes under the CP/MTN Programme. The proceeds of the CP/MTN Programme shall be utilised to repay existing bank borrowings; to finance future property developments, capital expenditure or investments of Sunway and/or any of its subsidiaries; and the balance, if any, for working capital of Sunway and/or any of its subsidiaries and to pay the fees, costs, expenses and all other amount payable in relation to the CP/MTN Programme.

The CP/MTN Programme is subject to the approval of the Securities Commission.

The announcement is dated 21 September 2010.


GENM - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: GENTING MALAYSIA BERHAD
Stock Name: GENM
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: GENTING MALAYSIA BERHAD

PROPOSED ACQUISITION OF CASINO BUSINESSES IN THE UNITED KINGDOM FROM GENTING SINGAPORE PLC

Contents: -


SAB - GENERAL ANNOUNCEMENT

Announcement Type: General Announcement
Company Name: SOUTHERN ACIDS (M) BERHAD
Stock Name: SAB
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: GENERAL ANNOUNCEMENT

Contents: Reference is made to the Company's announcement dated?8 July 2010.

The applications by? 5 Directors of SAB (who are alleged to have committed contempt),?to set aside the??Ex Parte Order?for Leave to Commence Committal Proceedings ("Applications") was mentioned in Court today and has been fixed for decision on the applications on 1st October, 2010. Various other applications filed by Company and the other Parties in Petition No? MT5-26-9-2009, including the application to set aside the Ex Parte Order dated 30 June, 2009 appointing Interim Receivers and Managers ("Interim R&M") over the Company, will be mentioned on the same date and if appropriate, a date will be fixed for the continued hearing of the said applications.

As previously announced, the Stay? Order dated 21st July 2009 ("Stay Order") suspending the Ex Parte Order for appointment of the Interim R&M, continues to operate until the Applications and other relevant applications are disposed off by the High Court.? The effect of the Stay Order is to suspend the appointment of the Interim R&M whose role is limited to verifying payments made by the Company and to permit the Board of Directors of the Company to continue to be in full ?control and to manage the Company.

This announcement is dated 21 September 2010.


AEONCR - Consolidated results for the financial period ended 20/8/2010

Announcement Type: Financial Results
Company Name: AEON CREDIT SERVICE (M) BERHAD
Stock Name: AEONCR
Date Announced: 21/09/2010

Announcement Detail:
Financial Year End: 20/02/2011

Quarter: Other

Quarterly report for the financial period ended: 20/08/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


AEONCR - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: AEON CREDIT SERVICE (M) BERHAD
Stock Name: AEONCR
Date Announced: 21/09/2010

Announcement Detail:
EX-date: 01/10/2010

Entitlement date: 05/10/2010

Entitlement time: 05:00:00 PM

Entitlement subject: Interim Dividend

Entitlement description: Interim Dividend of 11.50 sen per ordinary share less 25% income tax for the financial year ending 20 February 2011

Period of interest payment: to

Financial Year End: 20/02/2011

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House, Block D13
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel No.: 03-7841 8000
Fax No.: 03-7841 8008

Payment date: 20/10/2010

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 05/10/2010

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.115


TAGB-PA - General Announcement

Announcement Type: General Announcement
Company Name: TA GLOBAL BERHAD
Stock Name: TAGB-PA
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: DIRECTOR'S DISCLOSURE OF DEALING IN SECURITIES PURSUANT TO CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS")

Contents: Pursuant to Paragraph 14.09 of the Listing Requirements, TA Global Berhad wishes to announce that the Company Secretary had received notification from Datuk Tiah Thee Kian, Executive Chairman of the Company in relation to his dealings in securities of the Company. Details are set out in the table section below.

This announcement is dated 21 September 2010.


KIMHIN - General Announcement

Announcement Type: General Announcement
Company Name: KIM HIN INDUSTRY BERHAD
Stock Name: KIMHIN
Date Announced: 21/09/2010

Announcement Detail:
Type: Announcement

Subject: Notification of Director's dealings during outside closed period pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we have received notification from the following director in relation to his dealings in the shares of Kim Hin Industry Berhad:-



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