TRACOMA - General Announcement
Announcement Type: General Announcement
Company Name: TRACOMA HOLDINGS BERHAD
Stock Name: TRACOMA
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: TRACOMA HOLDINGS BERHAD ("Tracoma" or "the Company")
- WINDING-UP PETITION SERVED ON TRACOMA HOLDINGS BERHAD
Contents: The Board of Directors of Tracoma wishes to announce that a winding-up petition was served on Tracoma on 20 September 2010 by NewParadigm Capital Markets Sdn Bhd ("Petitioner") vide Petition No.: D-28NCC-718-2010 dated 8 September 2010 and shall be heard at the Kuala Lumpur High Court on 11 November 2010.
The total amount claimed by the Petitioner against Tracoma for financial advisory fee claimed for proposed restructuring scheme based on the Notice pursuant to Section 218 of the Companies Act 1965 is RM650,000 plus interest of 8% per annum.
The Company wishes to highlight that it had obtained a Restraining Order under Section 176 of the Companies Act 1965 as announced on 17 September 2010. The Restraining Order restrains all legal proceedings against Tracoma and its subsidiaries. The Directors of the Company do not envisage the impact of settlement on the Company to be financially or operationally significant
The Company is not expected to incur any further loss arising from the winding-up petition.
This announcement is dated 21 September 2010.
Company Name: TRACOMA HOLDINGS BERHAD
Stock Name: TRACOMA
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: TRACOMA HOLDINGS BERHAD ("Tracoma" or "the Company")
- WINDING-UP PETITION SERVED ON TRACOMA HOLDINGS BERHAD
Contents: The Board of Directors of Tracoma wishes to announce that a winding-up petition was served on Tracoma on 20 September 2010 by NewParadigm Capital Markets Sdn Bhd ("Petitioner") vide Petition No.: D-28NCC-718-2010 dated 8 September 2010 and shall be heard at the Kuala Lumpur High Court on 11 November 2010.
The total amount claimed by the Petitioner against Tracoma for financial advisory fee claimed for proposed restructuring scheme based on the Notice pursuant to Section 218 of the Companies Act 1965 is RM650,000 plus interest of 8% per annum.
The Company wishes to highlight that it had obtained a Restraining Order under Section 176 of the Companies Act 1965 as announced on 17 September 2010. The Restraining Order restrains all legal proceedings against Tracoma and its subsidiaries. The Directors of the Company do not envisage the impact of settlement on the Company to be financially or operationally significant
The Company is not expected to incur any further loss arising from the winding-up petition.
This announcement is dated 21 September 2010.
LCL - General Announcement
Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
Shah Alam High Court Civil Action No:22-1078-2010
Clasquin (Malaysia) Sdn Bhd ("Plaintiff")
LCL Trading Sdn Bhd ("Defendant")
Contents: LCL wish to inform that on 20 September 2010, LCL Trading Sdn Bhd (LCLT) was served a Writ of Summons dated 2 August 2010 and Statement of Claim dated 19 July 2010 in respect of outstanding amount due to the Plaintiff totaling RM407,442.31 (as at 28 April 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 was served on LCLT on 20 September 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 RM407,442.31 as at 28 April 2010 at an interesti rate of 8% (from 13 May 2010) in respect of default in payments for services and goods rendered and delivered.
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 goods and services granted to LCLT.
4. The financial and operational impact of the Writ of Summons on the Group.
(a) In the event LCL loses the case, the expected financial losses arising from the litigation is as mentioned in Note 2 above.
(b) The litigation will not have any operational impact on LCL Group as LCLT has ceased its operations since December 2009 and the Court has on 4 August 2010 ordered that LCLT to be wound up.
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 costs thereon.
6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.
LCL will not take any steps in respect of the Writ of Summons.
This announcement is dated 21 September 2010.
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
Shah Alam High Court Civil Action No:22-1078-2010
Clasquin (Malaysia) Sdn Bhd ("Plaintiff")
LCL Trading Sdn Bhd ("Defendant")
Contents: LCL wish to inform that on 20 September 2010, LCL Trading Sdn Bhd (LCLT) was served a Writ of Summons dated 2 August 2010 and Statement of Claim dated 19 July 2010 in respect of outstanding amount due to the Plaintiff totaling RM407,442.31 (as at 28 April 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 was served on LCLT on 20 September 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 RM407,442.31 as at 28 April 2010 at an interesti rate of 8% (from 13 May 2010) in respect of default in payments for services and goods rendered and delivered.
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 goods and services granted to LCLT.
4. The financial and operational impact of the Writ of Summons on the Group.
(a) In the event LCL loses the case, the expected financial losses arising from the litigation is as mentioned in Note 2 above.
(b) The litigation will not have any operational impact on LCL Group as LCLT has ceased its operations since December 2009 and the Court has on 4 August 2010 ordered that LCLT to be wound up.
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 costs thereon.
6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.
LCL will not take any steps in respect of the Writ of Summons.
This announcement is dated 21 September 2010.
LCL - General Announcement
Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
- Disposal of 40% equity interest in Sunway Interiors Sdn Bhd (formerly known as Sunway-LCL Interiors Sdn Bhd) and Deed of Mutual Termination between LCL and Sunway Construction Sdn Bhd
Contents: We wish to inform that LCL has on 21 September 2010, disposed 4,000 ordinary shares of RM1.00 each, representing 40% equity interest in Sunway Interiors Sdn Bhd (formerly known as Sunway-LCL Interiors Sdn Bhd) ("Sunway Interiors") to Sunway Construction Sdn Bhd ("SunCon"), a wholly-owned subsidiary of Sunway Holdings Berhad for a total cash consideration of RM4,000.00 [hereinafter referred to as "the Disposal"]. Full details of the Disposal is attached below.
This announcement is dated 21 September 2010.
Attachments: Disposal of Sunway Interior.pdf
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: LCL CORPORATION BERHAD ("LCL" or "the Company")
- Disposal of 40% equity interest in Sunway Interiors Sdn Bhd (formerly known as Sunway-LCL Interiors Sdn Bhd) and Deed of Mutual Termination between LCL and Sunway Construction Sdn Bhd
Contents: We wish to inform that LCL has on 21 September 2010, disposed 4,000 ordinary shares of RM1.00 each, representing 40% equity interest in Sunway Interiors Sdn Bhd (formerly known as Sunway-LCL Interiors Sdn Bhd) ("Sunway Interiors") to Sunway Construction Sdn Bhd ("SunCon"), a wholly-owned subsidiary of Sunway Holdings Berhad for a total cash consideration of RM4,000.00 [hereinafter referred to as "the Disposal"]. Full details of the Disposal is attached below.
This announcement is dated 21 September 2010.
Attachments: Disposal of Sunway Interior.pdf
ADVENTA - General Announcement
Announcement Type: General Announcement
Company Name: ADVENTA BERHAD
Stock Name: ADVENTA
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: ADVENTA BERHAD ("Adventa" or "the Company")
- Notice of Intention by Director to Deal in Company's Shares During Closed Period
Contents: The Board of Directors of Adventa wishes to inform that Ms. Kwek Siew Leng, a Director of Adventa who is currently holding the following shares in the capital of Adventa, intends to deal in the securities of Adventa during the closed period pending the announcement of Adventa's financial result for the third quarter ended 31 July 2010.
Company Name: ADVENTA BERHAD
Stock Name: ADVENTA
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: ADVENTA BERHAD ("Adventa" or "the Company")
- Notice of Intention by Director to Deal in Company's Shares During Closed Period
Contents: The Board of Directors of Adventa wishes to inform that Ms. Kwek Siew Leng, a Director of Adventa who is currently holding the following shares in the capital of Adventa, intends to deal in the securities of Adventa during the closed period pending the announcement of Adventa's financial result for the third quarter ended 31 July 2010.
HELP - General Announcement
Announcement Type: General Announcement
Company Name: HELP INTERNATIONAL CORPORATION BERHAD
Stock Name: HELP
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: HELP INTERNATIONAL CORPORATION BERHAD ("HELP" or "the Company")
- PRESS ARTICLE IN NEW STRAITS TIMES ENTITLED: HELP EYES SECONDARY LISTING IN SINGAPORE
Contents: Reference is made to a press article appearing in the BusinessTimes section of New Straits Times on Monday, 20 September April 2010 entitled "HELP eyes secondary listings in Singapore" and in particular to the following statements:
(1) "...the group is now looking at buying a controlling stake in a Singapore-based private school and turning it into a subsidiary..."
(2) "...it is a reputable school..."
The Board of Directors of HELP wishes to clarify that the Company is currently in preliminary discussion to tie up with a Singapore education provider to offer joint programmes in the Singapore market. As part of this collaboration, there is a right of option to invest into the Singapore entity. However, the Company has yet to reach a concrete conclusion in relation to the abovementioned preliminary discussion.
As part of the Company's initiatives to embark on its internationalisation plan, HELP has been considering various fund raising options as to progressively raise capital for its business expansion.
Upon finalisation of any relevant proposal, the Board of Directors of HELP will make the necessary announcement in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, where applicable.
This announcement is dated 21 September 2010.
Company Name: HELP INTERNATIONAL CORPORATION BERHAD
Stock Name: HELP
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: HELP INTERNATIONAL CORPORATION BERHAD ("HELP" or "the Company")
- PRESS ARTICLE IN NEW STRAITS TIMES ENTITLED: HELP EYES SECONDARY LISTING IN SINGAPORE
Contents: Reference is made to a press article appearing in the BusinessTimes section of New Straits Times on Monday, 20 September April 2010 entitled "HELP eyes secondary listings in Singapore" and in particular to the following statements:
(1) "...the group is now looking at buying a controlling stake in a Singapore-based private school and turning it into a subsidiary..."
(2) "...it is a reputable school..."
The Board of Directors of HELP wishes to clarify that the Company is currently in preliminary discussion to tie up with a Singapore education provider to offer joint programmes in the Singapore market. As part of this collaboration, there is a right of option to invest into the Singapore entity. However, the Company has yet to reach a concrete conclusion in relation to the abovementioned preliminary discussion.
As part of the Company's initiatives to embark on its internationalisation plan, HELP has been considering various fund raising options as to progressively raise capital for its business expansion.
Upon finalisation of any relevant proposal, the Board of Directors of HELP will make the necessary announcement in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, where applicable.
This announcement is dated 21 September 2010.
AHB-WA - Profile for Warrants
Announcement Type: Listing Information & Profile
Submitting Merchant Bank: -
Company Name: AHB HOLDINGS BERHAD
Stock Name: AHB-WA
Date Announced: 21/09/2010
Announcement Detail:
Instrument Type: Warrants
Description: AHB Holdings Berhad ("AHB")
Detachable Warrants 2004/2014 issued pursuant to the Private Placement
Listing Date: 26/08/2004
Issue Date: 22/03/2004
Issue/ Ask Price: MYR 1.0000
Issue Size Indicator: Unit
Issue Size in Unit: 5,228,000
Maturity Date: 21/03/2014
Exercise/ Conversion Period: 10.00 Year(s)
Exercise/Strike/Conversion Price: MYR 1.0000
Revised Exercise/Strike/Conversion Price: MYR 0.0000
Exercise/ Conversion Ratio: 1 Warrant : 1 AHB Share
Mode of satisfaction of Exercise/ Conversion price: Cash
Settlement Type/ Convertible into: Physical (Shares)
Remarks: Reference is made to the AHB's announcement to Bursa Malaysia Securities Berhad on 23 August 2004 in relation to the Private Placement of up to 5,228,000 new ordinary shares of RM1.00 each ("Placement Shares") in AHB ("Private Placement").
The 5,228,000 Warrants were issued for free in the following tranches to the subsribers of the Private Placement on the basis of one (1) free detachable Warrant for every one (1) Placement Share subscribed for:-
1. 500,000 Warrants - Issued on 22 March 2004;
2. 1,650,000 Warrants - Issued on 17 May 2004;
3. 2,200,000 Warrants - Issued on 21 June 2004; and
4. 878,000 Warrants - Issued on 12 August 2004.
Each Warrant carries the entitlement to subscribe for one (1) new ordinary share of RM1.00 each in AHB at the exercise price of RM1.00 which shall be satisfied in cash at any time during the exercise period. Any Warrant not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.
Submitting Merchant Bank: -
Company Name: AHB HOLDINGS BERHAD
Stock Name: AHB-WA
Date Announced: 21/09/2010
Announcement Detail:
Instrument Type: Warrants
Description: AHB Holdings Berhad ("AHB")
Detachable Warrants 2004/2014 issued pursuant to the Private Placement
Listing Date: 26/08/2004
Issue Date: 22/03/2004
Issue/ Ask Price: MYR 1.0000
Issue Size Indicator: Unit
Issue Size in Unit: 5,228,000
Maturity Date: 21/03/2014
Exercise/ Conversion Period: 10.00 Year(s)
Exercise/Strike/Conversion Price: MYR 1.0000
Revised Exercise/Strike/Conversion Price: MYR 0.0000
Exercise/ Conversion Ratio: 1 Warrant : 1 AHB Share
Mode of satisfaction of Exercise/ Conversion price: Cash
Settlement Type/ Convertible into: Physical (Shares)
Remarks: Reference is made to the AHB's announcement to Bursa Malaysia Securities Berhad on 23 August 2004 in relation to the Private Placement of up to 5,228,000 new ordinary shares of RM1.00 each ("Placement Shares") in AHB ("Private Placement").
The 5,228,000 Warrants were issued for free in the following tranches to the subsribers of the Private Placement on the basis of one (1) free detachable Warrant for every one (1) Placement Share subscribed for:-
1. 500,000 Warrants - Issued on 22 March 2004;
2. 1,650,000 Warrants - Issued on 17 May 2004;
3. 2,200,000 Warrants - Issued on 21 June 2004; and
4. 878,000 Warrants - Issued on 12 August 2004.
Each Warrant carries the entitlement to subscribe for one (1) new ordinary share of RM1.00 each in AHB at the exercise price of RM1.00 which shall be satisfied in cash at any time during the exercise period. Any Warrant not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.
HARNLEN - General Announcement
Announcement Type: General Announcement
Company Name: HARN LEN CORPORATION BHD
Stock Name: HARNLEN
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: HARN LEN CORPORATION BHD
- Acquisition of Properties from Nusantara Bakti Sdn Bhd, a related party, for a total cash consideration of RM2 million ("Proposed Acquisition")
Contents: Reference is made to the announcements on 06, 10 and 13 August 2010. Harn Len Corporation Bhd ("Harn Len" or the "Company") wishes to inform that the valuation report is now available for inspection at the Company's registered office during normal office hours for a period of three (3) months from the date of this announcement.
This announcement is dated 21 September 2010.
Company Name: HARN LEN CORPORATION BHD
Stock Name: HARNLEN
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: HARN LEN CORPORATION BHD
- Acquisition of Properties from Nusantara Bakti Sdn Bhd, a related party, for a total cash consideration of RM2 million ("Proposed Acquisition")
Contents: Reference is made to the announcements on 06, 10 and 13 August 2010. Harn Len Corporation Bhd ("Harn Len" or the "Company") wishes to inform that the valuation report is now available for inspection at the Company's registered office during normal office hours for a period of three (3) months from the date of this announcement.
This announcement is dated 21 September 2010.
NGIUKEE - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: NGIU KEE CORPORATION (M) BERHAD ("NKCB" or "Company")
PROPOSED CAPITAL REDUCTION AND PROPOSED M&A AMENDMENTS ("PROPOSALS")
Contents: (Unless otherwise stated, definitions or terms used herein shall have the same meanings as that provided in the announcement of NKCB dated 24 March 2010)
We refer to the announcement dated 24 March 2010 in relation to the Proposals.
On behalf of the Board of Directors of NKCB, MIMB Investment Bank Berhad wishes to announce that the Company has resolved to abort the Proposals in view that the Company has been classified as a Practice Note 17 Company, pursuant to Practice Note 17 of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad ("PN17"), as announced on 1 July 2010.
As a PN17 Company, NKCB is required to regularise its conditions by undertaking a regularisation plan ("Regularisation Plan") and the Company and its Principal Adviser appointed for the Regularisation Plan must ensure that the Regularisation Plan is sufficiently comprehensive and capable of resolving all problems, financial or otherwise that has caused the Company to trigger PN17.
This announcement is dated 21 September 2010.
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: NGIU KEE CORPORATION (M) BERHAD
Stock Name: NGIUKEE
Date Announced: 21/09/2010
Announcement Detail:
Type: Announcement
Subject: NGIU KEE CORPORATION (M) BERHAD ("NKCB" or "Company")
PROPOSED CAPITAL REDUCTION AND PROPOSED M&A AMENDMENTS ("PROPOSALS")
Contents: (Unless otherwise stated, definitions or terms used herein shall have the same meanings as that provided in the announcement of NKCB dated 24 March 2010)
We refer to the announcement dated 24 March 2010 in relation to the Proposals.
On behalf of the Board of Directors of NKCB, MIMB Investment Bank Berhad wishes to announce that the Company has resolved to abort the Proposals in view that the Company has been classified as a Practice Note 17 Company, pursuant to Practice Note 17 of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad ("PN17"), as announced on 1 July 2010.
As a PN17 Company, NKCB is required to regularise its conditions by undertaking a regularisation plan ("Regularisation Plan") and the Company and its Principal Adviser appointed for the Regularisation Plan must ensure that the Regularisation Plan is sufficiently comprehensive and capable of resolving all problems, financial or otherwise that has caused the Company to trigger PN17.
This announcement is dated 21 September 2010.
DAIBOCI - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 21/09/2010
Announcement Detail:
Date of buy back from: 08/09/2010
Date of buy back to: 09/09/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 42,000
Minimum price paid for each share purchased ($$): 2.950
Maximum price paid for each share purchased ($$): 2.970
Total amount paid for shares purchased ($$): 125,349.59
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 42,000
Total number of shares retained in treasury (units): 47,800
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 21/09/2010
Lodged by: Tan Gaik Hong
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 21/09/2010
Announcement Detail:
Date of buy back from: 08/09/2010
Date of buy back to: 09/09/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 42,000
Minimum price paid for each share purchased ($$): 2.950
Maximum price paid for each share purchased ($$): 2.970
Total amount paid for shares purchased ($$): 125,349.59
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 42,000
Total number of shares retained in treasury (units): 47,800
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 21/09/2010
Lodged by: Tan Gaik Hong
BREM - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 21/09/2010
Announcement Detail:
Date of buy back: 21/09/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 80,000
Minimum price paid for each share purchased ($$): 1.250
Maximum price paid for each share purchased ($$): 1.290
Total consideration paid ($$): 101,339.99
Number of shares purchased retained in treasury (units): 80,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,338,900
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.11
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 21/09/2010
Announcement Detail:
Date of buy back: 21/09/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 80,000
Minimum price paid for each share purchased ($$): 1.250
Maximum price paid for each share purchased ($$): 1.290
Total consideration paid ($$): 101,339.99
Number of shares purchased retained in treasury (units): 80,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,338,900
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 (%): 3.11
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