October 4, 2010

Company announcements: KENCANA, MMM, JETSON

KENCANA - Article entitled "Kencana takes over Labuan Shipyard''

Announcement Type: General Announcement
Company Name: KENCANA PETROLEUM BERHAD
Stock Name: KENCANA
Date Announced: 04/10/2010

Announcement Detail:
Type: Announcement

Subject: Article entitled "Kencana takes over Labuan Shipyard''

Contents: We refer to the Article appearing in The Edge Malaysia on Monday, 4 October 2010 entitled "Kencana takes over Labuan Shipyard'', in particular, the following statement:

"Kencana Petroleum Bhd is poised to take over Labuan Shipyard and Engineering Sdn Bhd, a wholly-owned subsidiary of Realmild (M) Sdn Bhd, sources say".

The Board of Directors of Kencana Petroleum Berhad (''Kencana Petroleum'') wish to deny the aforesaid report and confirm that Kencana Petroleum or any of its subsidiary companies have no intention to take over Labuan Shipyard & Engineering Sdn Bhd ("LSE") and neither has there been any talk between the two parties or any relevant authorities on any takeover of LSE by Kencana Petroleum. However, the two parties are exploring possibilities of working together for mutual benefits.

This announcement is dated 4 October 2010


MMM - Delay In Submission of Financial Statements

Announcement Type: Investor Alert Announcement
Company Name: MALAYSIAN MERCHANT MARINE BERHAD
Stock Name: MMM
Date Announced: 04/10/2010

Announcement Detail:
Subject: Delay In Submission of Financial Statements

Contents: The Company has failed to submit its Annual Report for the financial year ended 31 March 2010.

Please refer to Listing Circular dated 4 October 2010.


JETSON - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 04/10/2010

Announcement Detail:
Date of change: 01/10/2010

Type of change: Redesignation

Previous Position: Chairman & Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Sheikh Mohd Nasarudin

Age: 27

Nationality: Malaysian

Qualifications: Bachelor of Arts (Hons) Degree in Business Economics from the University of Southern California, USA

Working experience and occupation: 2005-2006 - NAZA Kia Sdn Bhd - Familiarization Program
2006-2007 - NAZA Corporation Sdn Bhd - Head of Operations
2007 - NZ Galaxy Sdn Bhd - CEO
2008 - Nasim Sdn Bhd - CEO
- NAZA Corporation Sdn Bhd - CEO
- NZ Diners Sdn Bhd - CEO
2009 - Chairman of Malaysian French Chambers of Commerce & Industry
- Chairman of NAZA TTDI Sdn Bhd
- Joint Group Executive Chairman and Chief Executive Officer of NAZA Group of Companies

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: He is the brother to Sheikh Mohd Faliq Bin Sheikh Mohamad Nasimuddin Kamal, a Director and major shareholder (direct) of the Company.

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: 1) Direct interest of 175,300 ordinary shares in the Company.
2) Deemed interested by virtue of his interests in Superior Pavillion Sdn Bhd. Superior Pavillion Sdn Bhd holds 17,500,000 ordinary shares in the Company.

Remarks: The letter dated 01/10/2010 in respect of resignation for executive position and chairmanship of the Board of Directors was received from Sheikh Mohd Nasarudin on 04/10/2010.


JETSON - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 04/10/2010

Announcement Detail:
Date of change: 01/10/2010

Type of change: Redesignation

Previous Position: Vice Chairman

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Sheikh Mohd Faliq Bin Sheikh Mohamad Nasimuddin Kamal

Age: 25

Nationality: Malaysian

Qualifications: 1) BA in International Business from Regent Business School, London
2) MA in Entrepreneurial Management from European Business School, London

Working experience and occupation: 2008 - Director of Marketing & Sales, NAZA TTDI Sdn Bhd
- Deputy Group Managing Director
February 2009 till present - Group Managing Director, NAZA TTDI Sdn Bhd

Directorship of public companies (if any): None

Family relationship with any director and/or major shareholder of the listed issuer: He is the brother to Sheikh Mohd Nasarudin, a Director and major shareholder (direct and indirect) of the Company.

Any conflict of interests that he/she has with the listed issuer: None

Details of any interest in the securities of the listed issuer or its subsidiaries: Deemed interested by virtue of his interests in Superior Pavillion Sdn Bhd. Superior Pavillion Sdn Bhd holds 17,500,000 ordinary shares in the Company.

Remarks: The letter dated 01/10/2010 in respect of resignation for executive position and vice-chairmanship of the Board of Directors was received from Sheikh Mohd Faliq Bin Sheikh Mohamad Nasimuddin Kamal on 04/10/2010.



No comments:

Post a Comment