GENETEC - ORDERS SECURED BY GENETEC TECHNOLOGY BERHAD
Announcement Type: General Announcement
Company Name: GENETEC TECHNOLOGY BERHAD (ACE Market)
Stock Name: GENETEC
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: ORDERS SECURED BY GENETEC TECHNOLOGY BERHAD
Contents: Introduction
Genetec Technology Berhad (Genetec) is pleased to announce that it has secured new orders from its existing clients who are global players in the hard disk drive and automotive industries to manufacture machinery and equipment amounting to RM24.0 million.
Directors' and major shareholders' interest
None of the directors or major shareholders of Genetec, or any persons connected to them, has any direct or indirect interest in the above secured orders.
Effects of the secured orders
The secured orders are expected to contribute positively to Genetec's earnings for the financial year ending 31 March 2011.
This announcement is dated 13 October 2010.
Company Name: GENETEC TECHNOLOGY BERHAD (ACE Market)
Stock Name: GENETEC
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: ORDERS SECURED BY GENETEC TECHNOLOGY BERHAD
Contents: Introduction
Genetec Technology Berhad (Genetec) is pleased to announce that it has secured new orders from its existing clients who are global players in the hard disk drive and automotive industries to manufacture machinery and equipment amounting to RM24.0 million.
Directors' and major shareholders' interest
None of the directors or major shareholders of Genetec, or any persons connected to them, has any direct or indirect interest in the above secured orders.
Effects of the secured orders
The secured orders are expected to contribute positively to Genetec's earnings for the financial year ending 31 March 2011.
This announcement is dated 13 October 2010.
AIM - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR "COMPANY")
BONUS ISSUE OF UP TO 62,389,600 NEW ORDINARY SHARES OF RM0.10 EACH IN AIM ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN AIM ("AIM SHARES") ("BONUS ISSUE")
Contents: We refer to our announcements dated 25 August 2010, 20 September 2010 and 29 September 2010 in relation to the Bonus Issue.
Subsequent to the despatch of the circular to the shareholders of AIM in regards to the Bonus Issue, the Company had purchased a total of 16,490,500 AIM Shares from the open market from the period of 7 September 2010 to 20 September 2010 ("Share Buy-Back").
Pursuant to the Share Buy-Back, for the purposes of the Bonus Issue, the total amount of ordinary shares entitled to the Bonus Issue (excluding the treasury shares) had been changed from 187,168,800 AIM Shares to 170,678,300 AIM Shares.
As a result, Public Investment Bank Berhad, on behalf of the Board of Directors of AIM, wishes to announce that a total of 56,892,766 new AIM Shares have been issued pursuant to the Bonus Issue. The new AIM Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Thursday, 14 October 2010.
This announcement is dated 13 October 2010.
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR "COMPANY")
BONUS ISSUE OF UP TO 62,389,600 NEW ORDINARY SHARES OF RM0.10 EACH IN AIM ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN AIM ("AIM SHARES") ("BONUS ISSUE")
Contents: We refer to our announcements dated 25 August 2010, 20 September 2010 and 29 September 2010 in relation to the Bonus Issue.
Subsequent to the despatch of the circular to the shareholders of AIM in regards to the Bonus Issue, the Company had purchased a total of 16,490,500 AIM Shares from the open market from the period of 7 September 2010 to 20 September 2010 ("Share Buy-Back").
Pursuant to the Share Buy-Back, for the purposes of the Bonus Issue, the total amount of ordinary shares entitled to the Bonus Issue (excluding the treasury shares) had been changed from 187,168,800 AIM Shares to 170,678,300 AIM Shares.
As a result, Public Investment Bank Berhad, on behalf of the Board of Directors of AIM, wishes to announce that a total of 56,892,766 new AIM Shares have been issued pursuant to the Bonus Issue. The new AIM Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Thursday, 14 October 2010.
This announcement is dated 13 October 2010.
RHBCAP - RHB CAPITAL BERHAD ("RHB CAPITAL" OR "THE COMPANY") INCORPORATION OF A NEW SUBSIDIARY
Announcement Type: General Announcement
Company Name: RHB CAPITAL BERHAD
Stock Name: RHBCAP
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: RHB CAPITAL BERHAD ("RHB CAPITAL" OR "THE COMPANY")
INCORPORATION OF A NEW SUBSIDIARY
Contents: 1. INTRODUCTION
The Board of RHB Capital is pleased to announce that RHB Investment Management Sdn Bhd ("RHBIM"), a wholly-owned subsidiary of RHB Investment Bank Berhad which in turn is a wholly-owned subsidiary of RHB Capital, has incorporated a new wholly-owned subsidiary by the name of RHB Islamic Asset Management Sdn Bhd ("RHBIAM") on 11 October 2010.
2. INFORMATION ON RHBIAM
RHBIAM was incorporated in Malaysia on 11 October 2010 with an authorised share capital of RM5,000,000.00 comprising of 5,000,000 ordinary shares of RM1.00 each of which two (2) ordinary shares are fully issued and paid-up.
Subject to regulatory approvals, the principal activity of RHBIAM would be to carry on business as Islamic investment managers, advisers, consultants, and to provide investment management, advisory, consultancy services of every description in accordance with Shariah principles, rules and practices.
3. FINANCIAL EFFECTS
The incorporation of RHBIAM is not expected to have any material effect on the earnings and net assets of the RHB Capital Group for the financial year ending 31 December 2010.
4. DIRECTORS' AND/OR MAJOR SHAREHOLDERS' INTERESTS
None of the Directors, major shareholders of RHB Capital and/or persons connected to them has any interest, direct or indirect, in the incorporation of RHBIAM.
This announcement is dated 13 October 2010.
Company Name: RHB CAPITAL BERHAD
Stock Name: RHBCAP
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: RHB CAPITAL BERHAD ("RHB CAPITAL" OR "THE COMPANY")
INCORPORATION OF A NEW SUBSIDIARY
Contents: 1. INTRODUCTION
The Board of RHB Capital is pleased to announce that RHB Investment Management Sdn Bhd ("RHBIM"), a wholly-owned subsidiary of RHB Investment Bank Berhad which in turn is a wholly-owned subsidiary of RHB Capital, has incorporated a new wholly-owned subsidiary by the name of RHB Islamic Asset Management Sdn Bhd ("RHBIAM") on 11 October 2010.
2. INFORMATION ON RHBIAM
RHBIAM was incorporated in Malaysia on 11 October 2010 with an authorised share capital of RM5,000,000.00 comprising of 5,000,000 ordinary shares of RM1.00 each of which two (2) ordinary shares are fully issued and paid-up.
Subject to regulatory approvals, the principal activity of RHBIAM would be to carry on business as Islamic investment managers, advisers, consultants, and to provide investment management, advisory, consultancy services of every description in accordance with Shariah principles, rules and practices.
3. FINANCIAL EFFECTS
The incorporation of RHBIAM is not expected to have any material effect on the earnings and net assets of the RHB Capital Group for the financial year ending 31 December 2010.
4. DIRECTORS' AND/OR MAJOR SHAREHOLDERS' INTERESTS
None of the Directors, major shareholders of RHB Capital and/or persons connected to them has any interest, direct or indirect, in the incorporation of RHBIAM.
This announcement is dated 13 October 2010.
MFCB - PUBLIC REPRIMAND ON MEGA FIRST CORPORATION BERHAD
Announcement Type: Listing Circular
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 13/10/2010
Announcement Detail:
Subject: PUBLIC REPRIMAND ON MEGA FIRST CORPORATION BERHAD
Contents: Bursa Malaysia Securities Berhad ("Bursa Securities") hereby publicly reprimands Mega First Corporation Berhad ("the Company") for breaches of paragraphs 9.21 and 10.04(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("LR") and paragraphs 9.20 and 10.06(1) of the Bursa Malaysia Securities Berhad Main Market Listing Requirement ("Main Market LR").
Pursuant to paragraphs 9.21 of the LR and 9.20 of the Main Market LR, a listed issuer must make an immediate announcement to Bursa Securities in respect of purchases or sales of securities quoted on Bursa Securities or any other stock exchange entered into by the listed issuer or any of its subsidiaries, resulting in the purchases or sales consideration when aggregated with any other purchases or sales, respectively within the preceding 12 months (excluding such purchase or sale which has been previously announced by the listed issuer pursuant to this paragraph), being equal to or exceeding 5% of the listed issuer's latest audited consolidated net assets. Pursuant to paragraphs 10.04(1) of the LR and 10.06(1) of the Main Market LR, a listed issuer must make an immediate announcement to Bursa Securities of a transaction where any one of the percentage ratios is equal to or exceeds 5%. The Company had failed to make an immediate announcement when the Company's aggregated purchases of quoted securities from 13 April 2009 to 23 December 2009 and aggregated sales of quoted securities from 8 May 2009 to 23 December 2009 was equal to or exceeded 5% of MFCB Group's net assets at any material time.
The details of the dealings are as follows:
Period of transaction Dealings Aggregate consideration Net Assets Date first exceeded 5% 13 April 2009 to 23 December 2009 Purchases RM267.1 million 68.2% 16 April 2009 8 May 2009 to 23 December 2009 Sales RM156.0 million 39.8% 22 June 2009
The Company only made the announcement on its dealings in quoted securities on 24 December 2009.
Further, the Company had failed to make an immediate announcement of the Company's purchases and sales of the following quoted securities which triggered the percentage ratio of 5%.
Details of purchases Period of transaction Counter No. of shares Aggregate consideration
RM'000 Net Assets Date exceeded 5% 13 April 2009 to 8 September 2009 Malayan Banking Berhad 6,300,100 31,304 7.9% 15 July 2009 17 July 2009 to 20 October 2009 RHB Capital Berhad 6,540,000 31,018 7.9% 13 August 2009 17 July 2009 to 5 January 2010 China Mobile Ltd 1,165,000 43,216 11.0% 19 August 2009 14 April 2009 to 22 January 2010 Industrial and Commercial Bank of China Ltd (H Shares) 14,000,000 32,594 8.3% 26 June 2009 Details of sales Period of transaction Counter No. of shares Aggregate consideration
RM'000 Net Assets Date exceeded 5% 22 June 2009 to 31 December 2009 Malayan Banking Berhad 6,300,100 36,981 9.4% 23 June 2009 18 August 2009 HSBC Holdings PLC 602,744 22,321 5.7% 18 August 2009 The public reprimand was imposed pursuant to paragraph 16.17(1) of the LR and/or 16.19(1) of the Main Market LR upon completion of investigation and due process accorded to the Company and after taking into consideration all facts and circumstances of the matter.
Bursa Securities views the above contravention seriously and hereby cautions the Company and its Board of Directors on their responsibility to maintain appropriate standards of corporate responsibility and accountability in order to achieve greater disclosure and transparency to its shareholders and the investing public. In this respect, the Company and its directors are required to take all reasonable steps including putting in place or enhancing the Company's procedures and processes and review the effective implementation of the same to ensure compliance with the listing requirements at all times.
Whilst Bursa Securities has not made a finding that any of the directors of the Company caused or permitted the aforesaid breach by the Company, Bursa Securities nevertheless wishes to highlight that it is the responsibility of directors of listed companies to maintain appropriate standards of responsibility and accountability within the Company and amongst its officers and employees including, amongst others, an awareness of the importance of compliance with the listing requirements. The Board of Directors of the Company at the material time is as follows:-
Yong Fook Shin Goh Nan Kioh Dr. Lim Thian Soo Maisuri Bin Besri Goh Nan Yang Dato' Haji Abu Hanifah Bin Noordin Yeow See Yuen Dato' Jorgen Bornhoft Tay Kheng Chiong
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 13/10/2010
Announcement Detail:
Subject: PUBLIC REPRIMAND ON MEGA FIRST CORPORATION BERHAD
Contents: Bursa Malaysia Securities Berhad ("Bursa Securities") hereby publicly reprimands Mega First Corporation Berhad ("the Company") for breaches of paragraphs 9.21 and 10.04(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("LR") and paragraphs 9.20 and 10.06(1) of the Bursa Malaysia Securities Berhad Main Market Listing Requirement ("Main Market LR").
Pursuant to paragraphs 9.21 of the LR and 9.20 of the Main Market LR, a listed issuer must make an immediate announcement to Bursa Securities in respect of purchases or sales of securities quoted on Bursa Securities or any other stock exchange entered into by the listed issuer or any of its subsidiaries, resulting in the purchases or sales consideration when aggregated with any other purchases or sales, respectively within the preceding 12 months (excluding such purchase or sale which has been previously announced by the listed issuer pursuant to this paragraph), being equal to or exceeding 5% of the listed issuer's latest audited consolidated net assets. Pursuant to paragraphs 10.04(1) of the LR and 10.06(1) of the Main Market LR, a listed issuer must make an immediate announcement to Bursa Securities of a transaction where any one of the percentage ratios is equal to or exceeds 5%. The Company had failed to make an immediate announcement when the Company's aggregated purchases of quoted securities from 13 April 2009 to 23 December 2009 and aggregated sales of quoted securities from 8 May 2009 to 23 December 2009 was equal to or exceeded 5% of MFCB Group's net assets at any material time.
The details of the dealings are as follows:
Period of transaction Dealings Aggregate consideration Net Assets Date first exceeded 5% 13 April 2009 to 23 December 2009 Purchases RM267.1 million 68.2% 16 April 2009 8 May 2009 to 23 December 2009 Sales RM156.0 million 39.8% 22 June 2009
The Company only made the announcement on its dealings in quoted securities on 24 December 2009.
Further, the Company had failed to make an immediate announcement of the Company's purchases and sales of the following quoted securities which triggered the percentage ratio of 5%.
Details of purchases Period of transaction Counter No. of shares Aggregate consideration
RM'000 Net Assets Date exceeded 5% 13 April 2009 to 8 September 2009 Malayan Banking Berhad 6,300,100 31,304 7.9% 15 July 2009 17 July 2009 to 20 October 2009 RHB Capital Berhad 6,540,000 31,018 7.9% 13 August 2009 17 July 2009 to 5 January 2010 China Mobile Ltd 1,165,000 43,216 11.0% 19 August 2009 14 April 2009 to 22 January 2010 Industrial and Commercial Bank of China Ltd (H Shares) 14,000,000 32,594 8.3% 26 June 2009 Details of sales Period of transaction Counter No. of shares Aggregate consideration
RM'000 Net Assets Date exceeded 5% 22 June 2009 to 31 December 2009 Malayan Banking Berhad 6,300,100 36,981 9.4% 23 June 2009 18 August 2009 HSBC Holdings PLC 602,744 22,321 5.7% 18 August 2009 The public reprimand was imposed pursuant to paragraph 16.17(1) of the LR and/or 16.19(1) of the Main Market LR upon completion of investigation and due process accorded to the Company and after taking into consideration all facts and circumstances of the matter.
Bursa Securities views the above contravention seriously and hereby cautions the Company and its Board of Directors on their responsibility to maintain appropriate standards of corporate responsibility and accountability in order to achieve greater disclosure and transparency to its shareholders and the investing public. In this respect, the Company and its directors are required to take all reasonable steps including putting in place or enhancing the Company's procedures and processes and review the effective implementation of the same to ensure compliance with the listing requirements at all times.
Whilst Bursa Securities has not made a finding that any of the directors of the Company caused or permitted the aforesaid breach by the Company, Bursa Securities nevertheless wishes to highlight that it is the responsibility of directors of listed companies to maintain appropriate standards of responsibility and accountability within the Company and amongst its officers and employees including, amongst others, an awareness of the importance of compliance with the listing requirements. The Board of Directors of the Company at the material time is as follows:-
Yong Fook Shin Goh Nan Kioh Dr. Lim Thian Soo Maisuri Bin Besri Goh Nan Yang Dato' Haji Abu Hanifah Bin Noordin Yeow See Yuen Dato' Jorgen Bornhoft Tay Kheng Chiong
IJM - General Announcement
Announcement Type: General Announcement
Company Name: IJM CORPORATION BERHAD
Stock Name: IJM
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Dealing by Director and Principal Officer in the Securities of the Company During a Closed Period
Contents: The following Director and Principal Officer have given notice of their intention to deal in the securities of the Company during the closed period and their current holdings of the securities are as follows:-
Company Name: IJM CORPORATION BERHAD
Stock Name: IJM
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Dealing by Director and Principal Officer in the Securities of the Company During a Closed Period
Contents: The following Director and Principal Officer have given notice of their intention to deal in the securities of the Company during the closed period and their current holdings of the securities are as follows:-
TCHONG - Outstanding Related Party Receivables
Announcement Type: General Announcement
Company Name: TAN CHONG MOTOR HOLDINGS BERHAD
Stock Name: TCHONG
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Outstanding Related Party Receivables
Contents: In response to the letter dated 27 September 2010 from Bursa Malaysia Berhad in respect of the outstanding related party receivables, Tan Chong Motor Holdings Berhad ("the Company") wishes to announce the following:
(i) Total outstanding related party receivables as at 30 June 2010: As set out in the table below.
(ii) Steps taken or proposed to be taken by the Company to recover the related party receivables:
(a) Sending reminders and following up on overdue amount.
(b) Active engagement with the related parties to resolve disputed amount.
(c) Negotiate with the related parties to finalise settlement terms.
(iii) Expected timeframe to fully recover the related party receivables:
The Group expects to fully recover the outstanding related party receivables within six (6) months from the date of this announcement.
Company Name: TAN CHONG MOTOR HOLDINGS BERHAD
Stock Name: TCHONG
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Outstanding Related Party Receivables
Contents: In response to the letter dated 27 September 2010 from Bursa Malaysia Berhad in respect of the outstanding related party receivables, Tan Chong Motor Holdings Berhad ("the Company") wishes to announce the following:
(i) Total outstanding related party receivables as at 30 June 2010: As set out in the table below.
(ii) Steps taken or proposed to be taken by the Company to recover the related party receivables:
(a) Sending reminders and following up on overdue amount.
(b) Active engagement with the related parties to resolve disputed amount.
(c) Negotiate with the related parties to finalise settlement terms.
(iii) Expected timeframe to fully recover the related party receivables:
The Group expects to fully recover the outstanding related party receivables within six (6) months from the date of this announcement.
YTL - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 13/10/2010
Announcement Detail:
Date of buy back: 13/10/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 15,000
Minimum price paid for each share purchased ($$): 7.600
Maximum price paid for each share purchased ($$): 7.670
Total consideration paid ($$): 115,194.47
Number of shares purchased retained in treasury (units): 15,000
Cumulative net outstanding treasury shares as at to-date (units): 106,521,709
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.60
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 13/10/2010
Announcement Detail:
Date of buy back: 13/10/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 15,000
Minimum price paid for each share purchased ($$): 7.600
Maximum price paid for each share purchased ($$): 7.670
Total consideration paid ($$): 115,194.47
Number of shares purchased retained in treasury (units): 15,000
Cumulative net outstanding treasury shares as at to-date (units): 106,521,709
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.60
NVMULTI - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 13/10/2010
Announcement Detail:
Date of change: 13/10/2010
Type of change: Redesignation
Previous Position: Non-Executive Director
New Position: Non-Executive Director
Directorate: Independent & Non Executive
Name: Tan Kean Huat
Age: 51
Nationality: Malaysian
Qualifications: Diploma in Electronic Engineering
Working experience and occupation: Apart from being in the insurance business for the past 20 years, he is also active in the cosmetic trade. He has substantial interest in property investment as well as in food outlets.
Besides business, he is actively involved in charitable organizations. He is currently the President of Children Literature Recitation Center Malaysia, Trustee of Confucian Culture & Education Foundation, Secretary of Confucian Chung De Association and member of Federation of I-Kuan Tao Malaysia, Phoenix Welfare Foundation and Malaysia Chinese Cultural Society.
He was previously the Executive Director of NV Multi Corporation Berhad ("NVMC") from 1 February 2008 to 26 June 2008 and re-appointed as a Non-Independent Non-Executive Director of NVMC on 1 August 2008.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Mr. Tan Kean Huat has direct interest of 7,560,000 shares and indirect interest of 1,795,000 shares of RM0.25 each held through Esteem Interest Sdn. Bhd. representing 2.00% and 0.47% respectively in NV Multi Corporation Berhad.
Remarks: Mr. Tan Kean Huat has been redesignated from Non-Independent Non-Executive Director to Independent Non-Executive Director of NV Multi Corporation Berhad with effect from 13 October 2010.
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 13/10/2010
Announcement Detail:
Date of change: 13/10/2010
Type of change: Redesignation
Previous Position: Non-Executive Director
New Position: Non-Executive Director
Directorate: Independent & Non Executive
Name: Tan Kean Huat
Age: 51
Nationality: Malaysian
Qualifications: Diploma in Electronic Engineering
Working experience and occupation: Apart from being in the insurance business for the past 20 years, he is also active in the cosmetic trade. He has substantial interest in property investment as well as in food outlets.
Besides business, he is actively involved in charitable organizations. He is currently the President of Children Literature Recitation Center Malaysia, Trustee of Confucian Culture & Education Foundation, Secretary of Confucian Chung De Association and member of Federation of I-Kuan Tao Malaysia, Phoenix Welfare Foundation and Malaysia Chinese Cultural Society.
He was previously the Executive Director of NV Multi Corporation Berhad ("NVMC") from 1 February 2008 to 26 June 2008 and re-appointed as a Non-Independent Non-Executive Director of NVMC on 1 August 2008.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Mr. Tan Kean Huat has direct interest of 7,560,000 shares and indirect interest of 1,795,000 shares of RM0.25 each held through Esteem Interest Sdn. Bhd. representing 2.00% and 0.47% respectively in NV Multi Corporation Berhad.
Remarks: Mr. Tan Kean Huat has been redesignated from Non-Independent Non-Executive Director to Independent Non-Executive Director of NV Multi Corporation Berhad with effect from 13 October 2010.
SWEEJOO - SWEE JOO BERHAD ("SJB" OR "COMPANY")
Announcement Type: General Announcement
Company Name: SWEE JOO BERHAD
Stock Name: SWEEJOO
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: SWEE JOO BERHAD ("SJB" OR "COMPANY")
Contents: The Board of Directors of SJB wishes to announce that a Restraint Order has been granted by the High Court in Sabah and Sarawak at Kuching on 13 October 2010 pursuant to Section 176(10) of the Companies Act 1965, to restrain all further proceedings, and any and all actions or proceedings against Swee Joo Berhad (Company No. 431424-H), Johan Shipping Sdn Bhd (Company No. 90093-W) and Asia Bulkers Sendirian Berhad (Company No. 663950-K) for a period of ninety (90) days from 13 October 2010 ("Restraining Order").
As announced on 1 October 2010, the Company had appointed a Scheme Adviser who is currently working out a scheme to regularize the Company's financial position. In this respect, the Board of SJB is of the view that a Restraining Order ("RO") is necessary to prevent any proceedings against the abovementioned subsidiaries of the SJB Group which may jeopardise its regularization scheme, pending the finalisation of the scheme.
The RO is not expected to have any material impact on the financial and operational matters of the SJB Group in view that the RO is to facilitate the finalisation of the SJB Group's regularization scheme. The full details of the scheme will be announced in due course.
This announcement is dated 13 October 2010.
Company Name: SWEE JOO BERHAD
Stock Name: SWEEJOO
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: SWEE JOO BERHAD ("SJB" OR "COMPANY")
Contents: The Board of Directors of SJB wishes to announce that a Restraint Order has been granted by the High Court in Sabah and Sarawak at Kuching on 13 October 2010 pursuant to Section 176(10) of the Companies Act 1965, to restrain all further proceedings, and any and all actions or proceedings against Swee Joo Berhad (Company No. 431424-H), Johan Shipping Sdn Bhd (Company No. 90093-W) and Asia Bulkers Sendirian Berhad (Company No. 663950-K) for a period of ninety (90) days from 13 October 2010 ("Restraining Order").
As announced on 1 October 2010, the Company had appointed a Scheme Adviser who is currently working out a scheme to regularize the Company's financial position. In this respect, the Board of SJB is of the view that a Restraining Order ("RO") is necessary to prevent any proceedings against the abovementioned subsidiaries of the SJB Group which may jeopardise its regularization scheme, pending the finalisation of the scheme.
The RO is not expected to have any material impact on the financial and operational matters of the SJB Group in view that the RO is to facilitate the finalisation of the SJB Group's regularization scheme. The full details of the scheme will be announced in due course.
This announcement is dated 13 October 2010.
TAGB - ACQUISITION OF FOREIGN SUBSIDIARY
Announcement Type: General Announcement
Company Name: TA GLOBAL BERHAD
Stock Name: TAGB
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF FOREIGN SUBSIDIARY
Contents: The Board of Directors of TA Global Berhad wishes to announce that the Company has acquired 2 ordinary shares of AUD1 each representing 100% equity interest in TA Global Development Pty Ltd, a foreign subsidiary, for a total cash consideration of AUD2 on 13 October 2010.
TA Global Development Pty Ltd was incorporated on 13 October 2010 as a proprietary company limited by shares in Victoria, Australia under the Corporations Act 2001. The current issued and paid-up capital of TA Global Development Pty Ltd is AUD2 divided into 2 ordinary shares of AUD1 each fully paid-up. The principal activity is property development management.
None of the Directors, substantial shareholders and/or persons connected with them has any direct or indirect interest in the aforesaid acquisition.
This announcement is dated 13 October 2010.
Company Name: TA GLOBAL BERHAD
Stock Name: TAGB
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF FOREIGN SUBSIDIARY
Contents: The Board of Directors of TA Global Berhad wishes to announce that the Company has acquired 2 ordinary shares of AUD1 each representing 100% equity interest in TA Global Development Pty Ltd, a foreign subsidiary, for a total cash consideration of AUD2 on 13 October 2010.
TA Global Development Pty Ltd was incorporated on 13 October 2010 as a proprietary company limited by shares in Victoria, Australia under the Corporations Act 2001. The current issued and paid-up capital of TA Global Development Pty Ltd is AUD2 divided into 2 ordinary shares of AUD1 each fully paid-up. The principal activity is property development management.
None of the Directors, substantial shareholders and/or persons connected with them has any direct or indirect interest in the aforesaid acquisition.
This announcement is dated 13 October 2010.
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