MEMS - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: MEMS TECHNOLOGY BERHAD (ACE Market)
Stock Name: MEMS
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: MEMS TECHNOLOGY BERHAD ("MEMSTECH" OR "COMPANY")
PROPOSED CAPITAL RECONSTRUCTION;
PROPOSED SPECIAL ISSUE; AND
PROPOSED DEBT RESTRUCTURING
(COLLECTIVELY THE "PROPOSED RESTRUCTURING SCHEME")
Contents: We refer to the announcement dated 31 May 2010 whereby the Company had on even date entered into a conditional subscription of shares agreement with Theta Edge Berhad ("Theta Edge") for the proposed special issue of 200,000,000 new ordinary shares of RM0.10 each ("Shares") in Memstech to Theta Edge at an issue price of RM0.10 per Share ("Subscription Agreement") ("Proposed Special Issue") which forms part of the Proposed Restructuring Scheme.
On behalf of the Board of Directors of the Company ("Board"), we wish to announce that the Company has today entered into a mutual agreement with Theta Edge for the release and discharge of their respective rights and obligations under the Subscription Agreement ("Mutual Agreement"). The Mutual Agreement shall become effective on the date it is signed by the parties.
In line with the proposed revisions to the Proposed Restructuring Scheme to accommodate the increase in funding required as well as requests from shareholders pursuant to the Ninth Annual General Meeting held on 18 August 2010, the Company has been in active discussions with Theta Edge as well as several strategic investors over the past few weeks for commitments of additional capital injection. Unfortunately, to-date, the Company was unable to obtain any firm commitment to enter into a definitive agreement for purposes of the increase in the funding required.
After due deliberation, the Board, save for Tuan Haji Azlan bin Abas, who is deemed interested in the Proposed Special Issue by virtue of him being the Group Managing Director of Theta Edge, has decided to enter into the Mutual Agreement.
Pursuant to the release and discharge of the Subscription Agreement, the Company will be unable to proceed with the submission of its regularisation plan to Bursa Malaysia Securities Berhad ("Bursa Securities") for approval by 31 October 2010. As announced on 13 October 2010, Bursa Securities has decided that the Company be granted a final extension of time until 31 October 2010 as requested, to undertake a regularisation plan that complies with paragraph 3.1 of Guidance Note 3 of the ACE Market Listing Requirements and submit the regularisation plan to Bursa Securities for approval.
Notwithstanding the above, the Company has today submitted an appeal for a further extension of time to submit its regularisation plan to Bursa Securities.
Meanwhile, the Company shall continue to seek other strategic investors who are willing to participate in the fund raising exercise of the Company, which will form part of the Company's regularisation plan.
The Mutual Agreement will be made available for inspection at the registered office of Memstech at Bangunan C, Peremba Square, Saujana Resort, Section U2, 40150 Shah Alam, Selangor Darul Ehsan during normal business hours from Monday to Friday (except public holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 29 October 2010.
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: MEMS TECHNOLOGY BERHAD (ACE Market)
Stock Name: MEMS
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: MEMS TECHNOLOGY BERHAD ("MEMSTECH" OR "COMPANY")
PROPOSED CAPITAL RECONSTRUCTION;
PROPOSED SPECIAL ISSUE; AND
PROPOSED DEBT RESTRUCTURING
(COLLECTIVELY THE "PROPOSED RESTRUCTURING SCHEME")
Contents: We refer to the announcement dated 31 May 2010 whereby the Company had on even date entered into a conditional subscription of shares agreement with Theta Edge Berhad ("Theta Edge") for the proposed special issue of 200,000,000 new ordinary shares of RM0.10 each ("Shares") in Memstech to Theta Edge at an issue price of RM0.10 per Share ("Subscription Agreement") ("Proposed Special Issue") which forms part of the Proposed Restructuring Scheme.
On behalf of the Board of Directors of the Company ("Board"), we wish to announce that the Company has today entered into a mutual agreement with Theta Edge for the release and discharge of their respective rights and obligations under the Subscription Agreement ("Mutual Agreement"). The Mutual Agreement shall become effective on the date it is signed by the parties.
In line with the proposed revisions to the Proposed Restructuring Scheme to accommodate the increase in funding required as well as requests from shareholders pursuant to the Ninth Annual General Meeting held on 18 August 2010, the Company has been in active discussions with Theta Edge as well as several strategic investors over the past few weeks for commitments of additional capital injection. Unfortunately, to-date, the Company was unable to obtain any firm commitment to enter into a definitive agreement for purposes of the increase in the funding required.
After due deliberation, the Board, save for Tuan Haji Azlan bin Abas, who is deemed interested in the Proposed Special Issue by virtue of him being the Group Managing Director of Theta Edge, has decided to enter into the Mutual Agreement.
Pursuant to the release and discharge of the Subscription Agreement, the Company will be unable to proceed with the submission of its regularisation plan to Bursa Malaysia Securities Berhad ("Bursa Securities") for approval by 31 October 2010. As announced on 13 October 2010, Bursa Securities has decided that the Company be granted a final extension of time until 31 October 2010 as requested, to undertake a regularisation plan that complies with paragraph 3.1 of Guidance Note 3 of the ACE Market Listing Requirements and submit the regularisation plan to Bursa Securities for approval.
Notwithstanding the above, the Company has today submitted an appeal for a further extension of time to submit its regularisation plan to Bursa Securities.
Meanwhile, the Company shall continue to seek other strategic investors who are willing to participate in the fund raising exercise of the Company, which will form part of the Company's regularisation plan.
The Mutual Agreement will be made available for inspection at the registered office of Memstech at Bangunan C, Peremba Square, Saujana Resort, Section U2, 40150 Shah Alam, Selangor Darul Ehsan during normal business hours from Monday to Friday (except public holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 29 October 2010.
TCUBES - Financial Condition
Announcement Type: Investor Alert Announcement
Company Name: TRICUBES BERHAD
Stock Name: TCUBES
Date Announced: 29/10/2010
Announcement Detail:
Subject: Financial Condition
Contents: Kindly refer to the company's First Announcement pursuant to Guidance Note No. 3 dated 29 October 2010
Company Name: TRICUBES BERHAD
Stock Name: TCUBES
Date Announced: 29/10/2010
Announcement Detail:
Subject: Financial Condition
Contents: Kindly refer to the company's First Announcement pursuant to Guidance Note No. 3 dated 29 October 2010
TCUBES - TCUBES-New admission into GN3
Announcement Type: Listing Circular
Company Name: TRICUBES BERHAD (ACE Market)
Stock Name: TCUBES
Date Announced: 29/10/2010
Announcement Detail:
Subject: TCUBES-New admission into GN3
Contents: Kindly refer to the company's First Announcement pursuant to Guidance Note No. 3 dated 29 October 2010.
Company Name: TRICUBES BERHAD (ACE Market)
Stock Name: TCUBES
Date Announced: 29/10/2010
Announcement Detail:
Subject: TCUBES-New admission into GN3
Contents: Kindly refer to the company's First Announcement pursuant to Guidance Note No. 3 dated 29 October 2010.
CAROTEC - General Announcement
Announcement Type: General Announcement
Company Name: CAROTECH BERHAD (ACE Market)
Stock Name: CAROTEC
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: CAROTECH BERHAD ("CAROTECH" OR "THE COMPANY")
- ANNOUNCEMENT PURSUANT TO GUIDANCE NOTE 3 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR ACE MARKET
Contents: CAROTECH BERHAD ("CAROTECH" OR "THE COMPANY")
- ANNOUNCEMENT PURSUANT TO GUIDANCE NOTE 3 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR ACE MARKET
Company Name: CAROTECH BERHAD (ACE Market)
Stock Name: CAROTEC
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: CAROTECH BERHAD ("CAROTECH" OR "THE COMPANY")
- ANNOUNCEMENT PURSUANT TO GUIDANCE NOTE 3 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR ACE MARKET
Contents: CAROTECH BERHAD ("CAROTECH" OR "THE COMPANY")
- ANNOUNCEMENT PURSUANT TO GUIDANCE NOTE 3 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR ACE MARKET
CAROTEC - General Announcement
Announcement Type: General Announcement
Company Name: CAROTECH BERHAD (ACE Market)
Stock Name: CAROTEC
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: CAROTECH BERHAD ("CAROTECH" OR "THE COMPANY")
DEVIATION BETWEEN ANNOUNCED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS AGAINST THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS
Contents: Pursuant to Rule 9.19 (36) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Carotech wishes to inform that there is a deviation of more than 10% between the profit after tax and minority interest stated in the unaudited fourth quarter results ended 30 June 2010 (announced on 30 August 2010) and the Company's audited financial statements for the financial year ended 30 June 2010.
An explanation of the deviation and reconciliation thereof are contained in the attached file.
(This announcement is dated 29 October 2010.)
Attachments: Carotech Bhd-Deviation Result.pdf
Company Name: CAROTECH BERHAD (ACE Market)
Stock Name: CAROTEC
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: CAROTECH BERHAD ("CAROTECH" OR "THE COMPANY")
DEVIATION BETWEEN ANNOUNCED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS AGAINST THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS
Contents: Pursuant to Rule 9.19 (36) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Carotech wishes to inform that there is a deviation of more than 10% between the profit after tax and minority interest stated in the unaudited fourth quarter results ended 30 June 2010 (announced on 30 August 2010) and the Company's audited financial statements for the financial year ended 30 June 2010.
An explanation of the deviation and reconciliation thereof are contained in the attached file.
(This announcement is dated 29 October 2010.)
Attachments: Carotech Bhd-Deviation Result.pdf
CHINTEK - DECISION ON FINAL DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2010
Announcement Type: General Announcement
Company Name: CHIN TECK PLANTATIONS BERHAD
Stock Name: CHINTEK
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: DECISION ON FINAL DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2010
Contents: A first interim dividend of 16% or 16 sen per stock unit less 25% taxation and a second interim dividend of 24% or 24 sen per stock unit less 25% taxation in respect of the financial year ended 31 August 2010 were paid on 27 January 2010 and 30 August 2010 respectively.
In view of the payment of the interim dividends, the Directors of the Company do not recommend a final dividend in respect of the financial year ended 31 August 2010.
Company Name: CHIN TECK PLANTATIONS BERHAD
Stock Name: CHINTEK
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: DECISION ON FINAL DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2010
Contents: A first interim dividend of 16% or 16 sen per stock unit less 25% taxation and a second interim dividend of 24% or 24 sen per stock unit less 25% taxation in respect of the financial year ended 31 August 2010 were paid on 27 January 2010 and 30 August 2010 respectively.
In view of the payment of the interim dividends, the Directors of the Company do not recommend a final dividend in respect of the financial year ended 31 August 2010.
CHINTEK - Quarterly rpt on consolidated results for the financial period ended 31/8/2010
Announcement Type: Financial Results
Company Name: CHIN TECK PLANTATIONS BERHAD
Stock Name: CHINTEK
Date Announced: 29/10/2010
Announcement Detail:
Financial Year End: 31/08/2010
Quarter: 4
Quarterly report for the financial period ended: 31/08/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: CHIN TECK PLANTATIONS BERHAD
Stock Name: CHINTEK
Date Announced: 29/10/2010
Announcement Detail:
Financial Year End: 31/08/2010
Quarter: 4
Quarterly report for the financial period ended: 31/08/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
AIRPORT - General Announcement
Announcement Type: General Announcement
Company Name: MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name: AIRPORT
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIA AIRPORTS HOLDINGS BERHAD ("MAHB" OR THE "COMPANY")
- Joint Venture Agreement entered into between MAHB, GMR Infrastructure Limited ("GMR") and GMR International Airport Limited ("GMIAL")
Contents: Reference is made to the announcement dated 28 October 2010 in relation to the Joint Venture Agreement ("JVA") made between MAHB, GMR and GMIAL. Unless the context otherwise requires, all expressions and definitions used herein shall have the same meanings assigned thereto in the aforesaid announcement.
MAHB wishes to clarify that the initial investment of USD6.9 million will be funded from internally generated funds. MAHB expects to fund its future investments in GMIAL from internally generated funds and/or bank borrowings, based upon the quantum and timing of future capital contributions required by GMIAL to meet its funding requirements for the Airport Project, as determined by the Board of Directors of GMIAL.
This announcement is dated 29 October 2010.
Company Name: MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name: AIRPORT
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIA AIRPORTS HOLDINGS BERHAD ("MAHB" OR THE "COMPANY")
- Joint Venture Agreement entered into between MAHB, GMR Infrastructure Limited ("GMR") and GMR International Airport Limited ("GMIAL")
Contents: Reference is made to the announcement dated 28 October 2010 in relation to the Joint Venture Agreement ("JVA") made between MAHB, GMR and GMIAL. Unless the context otherwise requires, all expressions and definitions used herein shall have the same meanings assigned thereto in the aforesaid announcement.
MAHB wishes to clarify that the initial investment of USD6.9 million will be funded from internally generated funds. MAHB expects to fund its future investments in GMIAL from internally generated funds and/or bank borrowings, based upon the quantum and timing of future capital contributions required by GMIAL to meet its funding requirements for the Airport Project, as determined by the Board of Directors of GMIAL.
This announcement is dated 29 October 2010.
AIRPORT - General Announcement
Announcement Type: General Announcement
Company Name: MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name: AIRPORT
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIA AIRPORTS HOLDINGS BERHAD ("MAHB" OR THE "COMPANY")
- Status of Memorandum of Understanding between Malaysia Airports Consultancy Services Sdn Bhd and Nagamas Enterprise (HK) Limited
Contents: Further to the Company's announcement made on 23 July 2010 pertaining to the Memorandum of Understanding ("the MOU") entered between Malaysia Airports Consultancy Services Sdn Bhd ("MACS"), a wholly-owned subsidiary of MAHB and Nagamas Enterprise (HK) Limited ("NEL"), a wholly-owned subsidiary of Nagamas International Berhad ("Nagamas") (MACS and NEL shall collectively be referred to as the "Parties") to establish the principles that reflect their intention to set up a joint venture arrangement to participate and explore the possibility of the provision of airport operation, management and technical consultancy services to the Yongzhou Lingling Airport in China.
The Board of MAHB wishes to inform that there has been no material development on the status of MOU as announced previously.
This announcement is dated 29 October 2010.
Company Name: MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name: AIRPORT
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIA AIRPORTS HOLDINGS BERHAD ("MAHB" OR THE "COMPANY")
- Status of Memorandum of Understanding between Malaysia Airports Consultancy Services Sdn Bhd and Nagamas Enterprise (HK) Limited
Contents: Further to the Company's announcement made on 23 July 2010 pertaining to the Memorandum of Understanding ("the MOU") entered between Malaysia Airports Consultancy Services Sdn Bhd ("MACS"), a wholly-owned subsidiary of MAHB and Nagamas Enterprise (HK) Limited ("NEL"), a wholly-owned subsidiary of Nagamas International Berhad ("Nagamas") (MACS and NEL shall collectively be referred to as the "Parties") to establish the principles that reflect their intention to set up a joint venture arrangement to participate and explore the possibility of the provision of airport operation, management and technical consultancy services to the Yongzhou Lingling Airport in China.
The Board of MAHB wishes to inform that there has been no material development on the status of MOU as announced previously.
This announcement is dated 29 October 2010.
PLUS - Traffic Volume Update for September 2010
Announcement Type: General Announcement
Company Name: PLUS EXPRESSWAYS BERHAD
Stock Name: PLUS
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: Traffic Volume Update for September 2010
Contents: The traffic volume growth for the subsidiaries of PLUS Expressways Berhad for the month of September and year-to-date September 2010 are as follows.
Company Name: PLUS EXPRESSWAYS BERHAD
Stock Name: PLUS
Date Announced: 29/10/2010
Announcement Detail:
Type: Announcement
Subject: Traffic Volume Update for September 2010
Contents: The traffic volume growth for the subsidiaries of PLUS Expressways Berhad for the month of September and year-to-date September 2010 are as follows.
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