EQUINE - General Announcement
Announcement Type: General Announcement
Company Name: EQUINE CAPITAL BERHAD
Stock Name: EQUINE
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: EQUINE CAPITAL BERHAD ("ECB" or "COMPANY")
Termination of Sale and Purchase Agreement with Tesco Stores (Malaysia) Sdn Bhd
Contents: The Board of Directors of ECB refers to the announcement dated 3 April 2009 which stated that the Company had on 2 April 2009, via its wholly-owned subsidiaries, Taman Equine Industrial Sdn Bhd ("TEI") and Taman Equine (M) Sdn Bhd ("TEM") (collectively known as "Vendors") entered into a Sale and Purchase Agreement ("SPA") with Tesco Stores (Malaysia) Sdn Bhd ("the Purchaser") for the disposal of portions of the leasehold land measuring approximately 10.05 acres, forming part of Master Titles PN 7396, Lot No. 53382, Mukim Petaling, Daerah Petaling, Selangor Darul Ehsan registered in the name of TEI and H.S. (D) 236747 P.T. No. 74867, Mukim Petaling, Daerah Petaling, Selangor Darul Ehsan registered in the name of TEM, for a total cash consideration of RM29.77 million ("Proposed Disposal").
The Board of Directors wishes to announce that on 28 October 2010, the Vendors and the Purchaser have mutually agreed to terminate the Proposed Disposal, and hence, the SPA, due to the non-fulfillment of the conditions precedent as stipulated in the SPA.
Pursuant to the SPA, upon its termination, the Vendors shall refund or cause to be refunded to the Purchaser the deposit together with the accrued interest and the Purchaser shall deliver to the Vendors a valid and registrable withdrawal of private caveat and/or lien holder's caveat duly executed by the Purchaser together with the registration fees. Thereafter, the SPA shall be null and void and be of no further effect and neither party shall have any right or claim against the other in relation to the SPA.
The termination of the SPA will not have any material effect on the net assets and gearing of the Company for the financial year ending 31 March 2011. There is no effect of the termination on earnings per share as no profit on the Proposed Disposal has been recognized by the Company.
This announcement is dated 29 October 2010
Company Name: EQUINE CAPITAL BERHAD
Stock Name: EQUINE
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: EQUINE CAPITAL BERHAD ("ECB" or "COMPANY")
Termination of Sale and Purchase Agreement with Tesco Stores (Malaysia) Sdn Bhd
Contents: The Board of Directors of ECB refers to the announcement dated 3 April 2009 which stated that the Company had on 2 April 2009, via its wholly-owned subsidiaries, Taman Equine Industrial Sdn Bhd ("TEI") and Taman Equine (M) Sdn Bhd ("TEM") (collectively known as "Vendors") entered into a Sale and Purchase Agreement ("SPA") with Tesco Stores (Malaysia) Sdn Bhd ("the Purchaser") for the disposal of portions of the leasehold land measuring approximately 10.05 acres, forming part of Master Titles PN 7396, Lot No. 53382, Mukim Petaling, Daerah Petaling, Selangor Darul Ehsan registered in the name of TEI and H.S. (D) 236747 P.T. No. 74867, Mukim Petaling, Daerah Petaling, Selangor Darul Ehsan registered in the name of TEM, for a total cash consideration of RM29.77 million ("Proposed Disposal").
The Board of Directors wishes to announce that on 28 October 2010, the Vendors and the Purchaser have mutually agreed to terminate the Proposed Disposal, and hence, the SPA, due to the non-fulfillment of the conditions precedent as stipulated in the SPA.
Pursuant to the SPA, upon its termination, the Vendors shall refund or cause to be refunded to the Purchaser the deposit together with the accrued interest and the Purchaser shall deliver to the Vendors a valid and registrable withdrawal of private caveat and/or lien holder's caveat duly executed by the Purchaser together with the registration fees. Thereafter, the SPA shall be null and void and be of no further effect and neither party shall have any right or claim against the other in relation to the SPA.
The termination of the SPA will not have any material effect on the net assets and gearing of the Company for the financial year ending 31 March 2011. There is no effect of the termination on earnings per share as no profit on the Proposed Disposal has been recognized by the Company.
This announcement is dated 29 October 2010
MRCB - General Announcement
Announcement Type: General Announcement
Company Name: MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name: MRCB
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED ACQUISITION OF 22,821,001 ORDINARY SHARES OF RM1.00 EACH REPRESENTING SIXTY PERCENT (60%) OF THE EQUITY INTEREST IN GSB SENTRAL SDN. BHD. ("GSSB") TOGETHER WITH 17,910,000 REDEEMABLE PREFERENCE SHARES OF RM0.01 EACH IN GSSB FROM GAPURNA SDN. BHD. ("GAPURNA"), FOR A PURCHASE CONSIDERATION OF RM105 MILLION ("PROPOSED ACQUISITION")
Contents: Further to our announcement on 30 June 2010, Malaysian Resources Corporation Berhad ("the Company") wishes to announce that it has today completed the Proposed Acquisition.
With the completion of the Proposed Acquisition, the Company has increased its shareholding in GSSB from 40% to 100% and thus GSSB is a wholly-owned subsidiary of the Company.
Company Name: MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name: MRCB
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED ACQUISITION OF 22,821,001 ORDINARY SHARES OF RM1.00 EACH REPRESENTING SIXTY PERCENT (60%) OF THE EQUITY INTEREST IN GSB SENTRAL SDN. BHD. ("GSSB") TOGETHER WITH 17,910,000 REDEEMABLE PREFERENCE SHARES OF RM0.01 EACH IN GSSB FROM GAPURNA SDN. BHD. ("GAPURNA"), FOR A PURCHASE CONSIDERATION OF RM105 MILLION ("PROPOSED ACQUISITION")
Contents: Further to our announcement on 30 June 2010, Malaysian Resources Corporation Berhad ("the Company") wishes to announce that it has today completed the Proposed Acquisition.
With the completion of the Proposed Acquisition, the Company has increased its shareholding in GSSB from 40% to 100% and thus GSSB is a wholly-owned subsidiary of the Company.
IOICORP - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 29/10/2010
Announcement Detail:
Date of change: 29/10/2010
Type of change: Retirement
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: Chan Fong Ann
Age: 80
Nationality: Malaysian
Qualifications: N/A
Working experience and occupation: N/A
Directorship of public companies (if any): N/A
Family relationship with any director and/or major shareholder of the listed issuer: N/A
Any conflict of interests that he/she has with the listed issuer: N/A
Details of any interest in the securities of the listed issuer or its subsidiaries: N/A
Remarks: Mr Chan Fong Ann retired from the Board of Directors pursuant to Section 129(2) of the Companies Act, 1965 at the 41st Annual General Meeting held today and did not seek re-appointment. He therefore, ceased as a Director of IOI Corporation Berhad.
The Board wishes to record its appreciation to Mr Chan Fong Ann for his many years of service as an Independent Director of the Company.
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 29/10/2010
Announcement Detail:
Date of change: 29/10/2010
Type of change: Retirement
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: Chan Fong Ann
Age: 80
Nationality: Malaysian
Qualifications: N/A
Working experience and occupation: N/A
Directorship of public companies (if any): N/A
Family relationship with any director and/or major shareholder of the listed issuer: N/A
Any conflict of interests that he/she has with the listed issuer: N/A
Details of any interest in the securities of the listed issuer or its subsidiaries: N/A
Remarks: Mr Chan Fong Ann retired from the Board of Directors pursuant to Section 129(2) of the Companies Act, 1965 at the 41st Annual General Meeting held today and did not seek re-appointment. He therefore, ceased as a Director of IOI Corporation Berhad.
The Board wishes to record its appreciation to Mr Chan Fong Ann for his many years of service as an Independent Director of the Company.
IOICORP - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 29/10/2010
Announcement Detail:
Date of change: 29/10/2010
Type of change: Retirement
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Chan Fong Ann
Age: 80
Nationality: Malaysian
Qualifications: N/A
Working experience and occupation: N/A
Directorship of public companies (if any): N/A
Family relationship with any director and/or major shareholder of the listed issuer: N/A
Any conflict of interests that he/she has with the listed issuer: N/A
Details of any interest in the securities of the listed issuer or its subsidiaries: N/A
Composition of Audit Committee (Name and Directorate of members after change): 1. Datuk Hj Mohd Khalil bin Dato' Hj Mohd Noor : Senior Independent Non-Executive Director
2. Quah Poh Keat : Independent Non-Executive Director
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 29/10/2010
Announcement Detail:
Date of change: 29/10/2010
Type of change: Retirement
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Chan Fong Ann
Age: 80
Nationality: Malaysian
Qualifications: N/A
Working experience and occupation: N/A
Directorship of public companies (if any): N/A
Family relationship with any director and/or major shareholder of the listed issuer: N/A
Any conflict of interests that he/she has with the listed issuer: N/A
Details of any interest in the securities of the listed issuer or its subsidiaries: N/A
Composition of Audit Committee (Name and Directorate of members after change): 1. Datuk Hj Mohd Khalil bin Dato' Hj Mohd Noor : Senior Independent Non-Executive Director
2. Quah Poh Keat : Independent Non-Executive Director
IOICORP - IOI CORPORATION BERHAD - 41st Annual General Meeting
Announcement Type: General Announcement
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: IOI CORPORATION BERHAD
- 41st Annual General Meeting
Contents: The Board of Directors of IOI Corporation Berhad ("the Company") wishes to announce that the following resolutions were passed at the Forty-First (41st) Annual General Meeting of the Company held on Friday, 29 October 2010 :-
1. The Audited Financial Statements for the year ended 30 June 2010 and the Reports of the Directors and Auditors thereon were received and adopted.
2. The re-election of Datuk Hj Mohd Khalil b Dato' Hj Mohd Noor , the Director who retired by rotation pursuant to Article 101 of the Company's Articles of Association.
3. The re-election of Mr Quah Poh Keat, the Director who retired by rotation pursuant to Article 101 of the Company's Articles of Association.
4. The re-appointment of Tan Sri Dato' Lee Shin Cheng, the Director who retired pursuant to Section 129 of the Companies Act, 1965 and to hold office until the conclusion of the next Annual General Meeting.
The Board of IOI Corporation Berhad presently comprises the following Directors:-
Tan Sri Dato' Lee Shin Cheng (Executive Chairman)
Dato' Lee Yeow Chor (Executive Director)
Mr Lee Cheng Leang (Executive Director)
Mr Lee Yeow Seng (Executive Director)
Datuk Hj Mohd Khalil b Dato' Hj Mohd Noor (Senior Independent Non-Executive Director)
Mr Quah Poh Keat (Independent Non-Executive Director)
5. The payment of Directors' fees of RM480,000/- for the financial year ended 30 June 2010.
6. The re-appointment of BDO as auditors who shall hold office until the conclusion of the next Annual General Meeting at a remuneration to be fixed by the Directors.
7. The authority to Directors to allot and issue shares in the Company up to an amount not exceeding 10% of the issued and paid-up share capital of the Company under Section 132D of the Companies Act, 1965 and that such authority shall continue in force until the next Annual General Meeting of the Company.
8. The renewal of Existing Share Buy-Back authority and such authority unless revoked or varied at a general meeting, will expire at the conclusion of the next Annual General Meeting of the Company.
9. The renewal of Shareholders' Mandate for the Company and its subsidiaries to enter into any of the Recurrent Related Party Transactions of a revenue or trading nature which are necessary for the day-to-day operations involving the interests of Directors, Major Shareholders or persons connected to the Directors and/or Major Shareholders of the Company and its subsidiaries ("Related Parties"), subject to the transactions being in the ordinary course of business on normal commercial terms which are not more favourable to the Related Parties than those generally available to the public and are not to the detriment of the minority shareholders of the Company. This authority unless revoked or varied at a general meeting, will expire at the conclusion of the next Annual General Meeting of the Company.
10. The Proposed Amendments to the Articles of Association of the Company in relation to Article 124 (mode of payment of dividend) which will allow the Company to credit dividends, interest or other money payable in cash in respect of shares of the Company directly into the shareholders' bank accounts in line with the amendments made to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to Electronic Dividend Payment (e-Dividend).
This announcement is dated 29 October 2010.
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: IOI CORPORATION BERHAD
- 41st Annual General Meeting
Contents: The Board of Directors of IOI Corporation Berhad ("the Company") wishes to announce that the following resolutions were passed at the Forty-First (41st) Annual General Meeting of the Company held on Friday, 29 October 2010 :-
1. The Audited Financial Statements for the year ended 30 June 2010 and the Reports of the Directors and Auditors thereon were received and adopted.
2. The re-election of Datuk Hj Mohd Khalil b Dato' Hj Mohd Noor , the Director who retired by rotation pursuant to Article 101 of the Company's Articles of Association.
3. The re-election of Mr Quah Poh Keat, the Director who retired by rotation pursuant to Article 101 of the Company's Articles of Association.
4. The re-appointment of Tan Sri Dato' Lee Shin Cheng, the Director who retired pursuant to Section 129 of the Companies Act, 1965 and to hold office until the conclusion of the next Annual General Meeting.
The Board of IOI Corporation Berhad presently comprises the following Directors:-
Tan Sri Dato' Lee Shin Cheng (Executive Chairman)
Dato' Lee Yeow Chor (Executive Director)
Mr Lee Cheng Leang (Executive Director)
Mr Lee Yeow Seng (Executive Director)
Datuk Hj Mohd Khalil b Dato' Hj Mohd Noor (Senior Independent Non-Executive Director)
Mr Quah Poh Keat (Independent Non-Executive Director)
5. The payment of Directors' fees of RM480,000/- for the financial year ended 30 June 2010.
6. The re-appointment of BDO as auditors who shall hold office until the conclusion of the next Annual General Meeting at a remuneration to be fixed by the Directors.
7. The authority to Directors to allot and issue shares in the Company up to an amount not exceeding 10% of the issued and paid-up share capital of the Company under Section 132D of the Companies Act, 1965 and that such authority shall continue in force until the next Annual General Meeting of the Company.
8. The renewal of Existing Share Buy-Back authority and such authority unless revoked or varied at a general meeting, will expire at the conclusion of the next Annual General Meeting of the Company.
9. The renewal of Shareholders' Mandate for the Company and its subsidiaries to enter into any of the Recurrent Related Party Transactions of a revenue or trading nature which are necessary for the day-to-day operations involving the interests of Directors, Major Shareholders or persons connected to the Directors and/or Major Shareholders of the Company and its subsidiaries ("Related Parties"), subject to the transactions being in the ordinary course of business on normal commercial terms which are not more favourable to the Related Parties than those generally available to the public and are not to the detriment of the minority shareholders of the Company. This authority unless revoked or varied at a general meeting, will expire at the conclusion of the next Annual General Meeting of the Company.
10. The Proposed Amendments to the Articles of Association of the Company in relation to Article 124 (mode of payment of dividend) which will allow the Company to credit dividends, interest or other money payable in cash in respect of shares of the Company directly into the shareholders' bank accounts in line with the amendments made to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to Electronic Dividend Payment (e-Dividend).
This announcement is dated 29 October 2010.
IRCB - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: INTEGRATED RUBBER CORPORATION BERHAD
Stock Name: IRCB
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: INTEGRATED RUBBER CORPORATION BERHAD ("IRCB" OR THE "COMPANY")
(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED RIGHTS ISSUE WITH WARRANTS; AND
(III) PROPOSED AMENDMENT.
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Contents: The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 1 July 2010 in relation to the Proposals.
We refer to the announcements dated 1 July 2010, 2 July 2010, 30 July 2010, 9 August 2010, 10 August 2010, 11 August 2010, 1 September 2010, 3 September 2010 and 6 October 2010 in relation to the Proposals.
On behalf of the Board, OSK is pleased to announce that the High Court of Malaya at Kuala Lumpur had on 29 October 2010 granted an order confirming the Proposed Capital Reduction pursuant to Section 64 of the Companies Act, 1965. The sealed order will be extracted and an office copy of order will be lodged with the Companies Commission of Malaysia for the Proposed Capital Reduction to take effect.
The effective date of the Proposed Capital Reduction will be announced in due course.
This announcement is dated 29 October 2010.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: INTEGRATED RUBBER CORPORATION BERHAD
Stock Name: IRCB
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: INTEGRATED RUBBER CORPORATION BERHAD ("IRCB" OR THE "COMPANY")
(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED RIGHTS ISSUE WITH WARRANTS; AND
(III) PROPOSED AMENDMENT.
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Contents: The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 1 July 2010 in relation to the Proposals.
We refer to the announcements dated 1 July 2010, 2 July 2010, 30 July 2010, 9 August 2010, 10 August 2010, 11 August 2010, 1 September 2010, 3 September 2010 and 6 October 2010 in relation to the Proposals.
On behalf of the Board, OSK is pleased to announce that the High Court of Malaya at Kuala Lumpur had on 29 October 2010 granted an order confirming the Proposed Capital Reduction pursuant to Section 64 of the Companies Act, 1965. The sealed order will be extracted and an office copy of order will be lodged with the Companies Commission of Malaysia for the Proposed Capital Reduction to take effect.
The effective date of the Proposed Capital Reduction will be announced in due course.
This announcement is dated 29 October 2010.
KUCHAI - Unusual Market Activity
Announcement Type: General Announcement
Company Name: KUCHAI DEVELOPMENT BERHAD
Stock Name: KUCHAI
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: Unusual Market Activity
Contents: The Board of Directors of Kuchai wishes to announce that, to the best of their knowledge, they confirm that:-
1. They are unaware of any occurrence and/or circumstances that may have contributed to the unusual market activity in the trading of the Company's shares recently.
2. They are not aware of any possible corporate exercise as speculated in the rumours or reports that may account for the unusual market activity recently.
3. The Company has and continues to comply with Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia on immediate disclosure obligations.
This announcement is dated 29 October 2010.
Company Name: KUCHAI DEVELOPMENT BERHAD
Stock Name: KUCHAI
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: Unusual Market Activity
Contents: The Board of Directors of Kuchai wishes to announce that, to the best of their knowledge, they confirm that:-
1. They are unaware of any occurrence and/or circumstances that may have contributed to the unusual market activity in the trading of the Company's shares recently.
2. They are not aware of any possible corporate exercise as speculated in the rumours or reports that may account for the unusual market activity recently.
3. The Company has and continues to comply with Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia on immediate disclosure obligations.
This announcement is dated 29 October 2010.
ZELAN - General Announcement
Announcement Type: General Announcement
Company Name: ZELAN BERHAD
Stock Name: ZELAN
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 290,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
Contents: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 290,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
The Shareholders of the Company, at the Extraordinary General Meeting held on 7 September 2010, had approved the proposed disposal of 30.0 million shares in IJM Corporation Berhad ("IJM"). Pursuant to Paragraph 10.06 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), ZB wishes to announce that it had, on 27 October 2010 and 28 October 2010, further disposed a total of 290,000 ordinary shares of RM1.00 each in IJM (the "Sale Shares") in the open market at an average disposal price of RM5.67 per share for a total consideration of RM1,643,913.80(the "Disposal").
Company Name: ZELAN BERHAD
Stock Name: ZELAN
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 290,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
Contents: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 290,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
The Shareholders of the Company, at the Extraordinary General Meeting held on 7 September 2010, had approved the proposed disposal of 30.0 million shares in IJM Corporation Berhad ("IJM"). Pursuant to Paragraph 10.06 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), ZB wishes to announce that it had, on 27 October 2010 and 28 October 2010, further disposed a total of 290,000 ordinary shares of RM1.00 each in IJM (the "Sale Shares") in the open market at an average disposal price of RM5.67 per share for a total consideration of RM1,643,913.80(the "Disposal").
GENTING - RE-ORGANISATION OF GROUP STRUCTURE
Announcement Type: General Announcement
Company Name: GENTING BERHAD
Stock Name: GENTING
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: RE-ORGANISATION OF GROUP STRUCTURE
Contents: Genting Berhad ("Genting" or the "Company") wishes to inform that the Company has transferred its entire equity interest in Resorts World Inc Pte Ltd ("RWI"), a wholly-owned subsidiary of the Company comprising 1 ordinary share to Genting Intellectual Property Pte Ltd, another wholly-owned subsidiary of the Company for S$1/- ("Transfer").
RWI was incorporated in Singapore and its issued and paid-up capital is S$1 comprising one ordinary share.
The aforesaid Transfer has no impact on the net assets and earnings per share of the Genting Group for the financial year ending 31 December 2010.
None of the Directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect in the aforesaid Transfer.
This announcement is dated 29 October 2010.
Company Name: GENTING BERHAD
Stock Name: GENTING
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: RE-ORGANISATION OF GROUP STRUCTURE
Contents: Genting Berhad ("Genting" or the "Company") wishes to inform that the Company has transferred its entire equity interest in Resorts World Inc Pte Ltd ("RWI"), a wholly-owned subsidiary of the Company comprising 1 ordinary share to Genting Intellectual Property Pte Ltd, another wholly-owned subsidiary of the Company for S$1/- ("Transfer").
RWI was incorporated in Singapore and its issued and paid-up capital is S$1 comprising one ordinary share.
The aforesaid Transfer has no impact on the net assets and earnings per share of the Genting Group for the financial year ending 31 December 2010.
None of the Directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect in the aforesaid Transfer.
This announcement is dated 29 October 2010.
GUH - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 29/10/2010
Announcement Detail:
Date of buy back: 29/10/2010
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 130,000
Minimum price paid for each share purchased ($$): 1.160
Maximum price paid for each share purchased ($$): 1.180
Total consideration paid ($$): 152,750.00
Number of shares purchased retained in treasury (units): 130,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,406,700
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.18
Company Name: GUH HOLDINGS BERHAD
Stock Name: GUH
Date Announced: 29/10/2010
Announcement Detail:
Date of buy back: 29/10/2010
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 130,000
Minimum price paid for each share purchased ($$): 1.160
Maximum price paid for each share purchased ($$): 1.180
Total consideration paid ($$): 152,750.00
Number of shares purchased retained in treasury (units): 130,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,406,700
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 (%): 1.18
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