October 25, 2010

Company announcements: MINETEC, SCOMIEN, POLY, KYM, BREM, EKOVEST, SANBUMI, TGL, LINEAR

MINETEC - General Announcement

Announcement Type: General Announcement
Company Name: MINETECH RESOURCES BERHAD
Stock Name: MINETEC
Date Announced: 25/10/2010

Announcement Detail:
Type: Announcement

Subject: MINETECH RESOURCES BERHAD ("MRB" OR "THE COMPANY")
- MINETECH M.B. (HUIZHOU) BUILDING MATERIALS LTD'S SUIT AGAINST HUIZHOU CITY ZHONGGONG HECHEN SHI YE CO., LTD

Contents: Reference is made to the Company's announcements dated 25 February 2010, 26 April 2010, and 6 May 2010 in respect of the abovementioned litigation.

The Board of Directors of MRB ("the Board") wishes to inform that Minetech M.B. (Huizhou) Building Materials Ltd ("MMB"), a subsidiary company of Minetech Quarries Sdn Bhd ("MQSB"), which in turn a wholly-owned subsidiary of MRB, had on 25 October 2010 received the Court's judgement from the Intermediate People's Court of HuiZhou Province in the People's Republic of China in regards to the appeal to the judgement made in relation to the legal suit between MMB ("Plaintiff") and HuiZhou City ZhongGong HeChen Shi Ye Co., Ltd ("the Defendant") as well as the Counter Suit filed by the Defendant against MMB.

The Intermediate People's Court of HuiZhou Province in the People's Republic of China has made the following decision:
1. The lease agreement dated 9 September 2008 shall be terminated accordingly.
2. The Defendant shall refund RMB2 million deposit to MMB;
3. MMB shall pay rental of RMB2.23 million to the Defendant;
4. In view of the contra of amount in item 2 & 3 above, MMB shall pay the defendant RMB0.23 million within 10 days from the date of the court decision;
5. MMB shall bear court fee of RMB67,630; and
6. The Defendant shall bear court fee of RMB50,000.

Based on the above Court's judgement, the Group's expenses for 3rd quarter of FY2010 shall be increased by RMB1,608,341 ie. 70% of the item 3 & 5 above, as MMB is a 70% owned subsidiary company of Minetech Quarries Sdn Bhd, which in turn is a wholly-owned subsidiary of MRB.

Therefore, the earnings for MRB Group is expected to reduce by RMB1,608,341 for the financial year ending 31 December 2010.

MMB shall seek the necessary legal advice on the said decision and the Company will make the necessary announcement to Bursa Malaysia Securities Berhad on any material development of the Suit from time to time.

This announcement is dated 25 October 2010.


SCOMIEN - Dealings in Securities by Director during Closed Period

Announcement Type: General Announcement
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 25/10/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in Securities by Director during Closed Period

Contents: Pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, Datuk Zainun Aishah Ahmad, a director of the Company, has dealt in the securities of the Company as set out in Table 1 hereunder.

This announcement is dated 25 October 2010.


SCOMIEN - Change of Address

Announcement Type: Change of Address
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 25/10/2010

Announcement Detail:
Change description: Registered

Old address: Suite 5.03, 5th Floor,
Wisma Chase Perdana off Jalan Semantan,
Damansara Heights,
50490 Kuala Lumpur

New address: Level 17, 1 First Avenue
Bandar Utama
47800 Petaling Jaya
Selangor Darul Ehsan
Malaysia

Telephone no: 603-77173000

Facsimile no: 603-77277935

Effective date: 25/10/2010


POLY - Notification on dealings in securities by Director during closed period

Announcement Type: General Announcement
Company Name: POLY GLASS FIBRE (M) BERHAD
Stock Name: POLY
Date Announced: 25/10/2010

Announcement Detail:
Type: Announcement

Subject: Notification on dealings in securities by Director during closed period

Contents: Pursuant to paragraph 14.08 of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities"), this is to notify that POLY GLASS FIBRE (M) BHD ("the Company") has on 25 October 2010 received a notification dated 25 October 2010 from Mr. Fong Wah Kai, the Executive Director of the Company, in relation to his indirect acquisition of 33,000 ordinary shares of RM1.00 each in the Company with details as follows: -

Date of Dealing: 22 October 2010

Amount of Securities acquired (indirect): 33,000 ordinary shares of RM1.00 each

Percentage of Securities acquired: 0.02%

Consideration for the dealing: RM0.350 per ordinary share of RM1.00 each

Total number of Securities (percentage) held after acquisition are as follows: -

Direct: 6,798,800 (4.25%)
Indirect: 74,553,900 (46.60%)


Dated this 25th day of October 2010


KYM - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: KYM HOLDINGS BERHAD
Stock Name: KYM
Date Announced: 25/10/2010

Announcement Detail:
Type: Announcement

Subject: KYM HOLDINGS BERHAD ("KYM" OR THE "COMPANY")

ACQUISITION OF A LEASEHOLD LAND MEASURING APPROXIMATELY 167,394 SQUARE METRES OR 41.36 ACRES LOCATED AT MUKIM HULU KINTA, DISTRICT OF KINTA, PERAK DARUL RIDZUAN FROM IDAMAN BINA MAKMUR SDN BHD ("VENDOR") FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM12 MILLION TO BE SATISFIED BY WAY OF CASH CONSIDERATION OF RM100,000 AND THE BALANCE OF RM11,900,000 WILL BE SATISFIED VIA ISSUANCE OF 8,750,000 NEW ORDINARY SHARES OF RM0.50 EACH IN KYM ("KYM SHARES") TO BE ISSUED AT AN ISSUE PRICE OF RM1.36 PER KYM SHARE ("IPOH LAND ACQUISITION")

Contents: Reference is made to the announcement dated 22 October 2010 in relation to the Ipoh Land Acquisition.

On behalf of the Board of Directors of KYM, MIMB Investment Bank Berhad wishes to announce that 8,750,000 KYM Shares, which satisfies the balance of RM11,900,000 of the purchase consideration for the Ipoh Land Acquisition has been listed today. Hence, the Ipoh Land Acquisition is deemed completed today.

This announcement is dated 25 October 2010.


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: 25/10/2010

Announcement Detail:
Date of buy back: 25/10/2010

Description of shares purchased: Ordinary Shares @ RM1/- Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 17,000

Minimum price paid for each share purchased ($$): 1.270

Maximum price paid for each share purchased ($$): 1.290

Total consideration paid ($$): 21,779.47

Number of shares purchased retained in treasury (units): 17,000

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 4,652,600

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 (%): 3.33


EKOVEST - General Announcement

Announcement Type: General Announcement
Company Name: EKOVEST BERHAD
Stock Name: EKOVEST
Date Announced: 25/10/2010

Announcement Detail:
Type: Announcement

Subject: PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE AND ADDITIONAL MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Contents: Ekovest Berhad ("EB" or "the Company") wishes to announce that in accordance with Chapter 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on Recurrent Related Party Transactions of a Revenue or Trading Nature ("RRPTs"), the Board of Directors of EB proposes to seek Shareholders' approval for the proposed renewal of shareholders' mandate and additional mandate for EB and its subsidiaries to enter into RRPTs at the forthcoming 25th Annual General Meeting ("AGM") of the Company.

At the AGM held on 21 December 2009, the Shareholders of the Company had granted a mandate for EB and its subsidiaries to enter into RRPTs. The said mandate if not renewed will lapse at the conclusion of the forthcoming 25th AGM.

The proposed renewal of the mandate and additional mandate will take effect from the date of passing the relevant resolution at the forthcoming 25th AGM until the conclusion of the next AGM in 2011.

A Circular to Shareholders of EB setting out the details of the above proposal and the resolution pertaining thereto will be despatched to the Shareholders in due course.


SANBUMI - Sanbumi Holdings Berhad - Monthly timber production figure

Announcement Type: General Announcement
Company Name: SANBUMI HOLDINGS BERHAD
Stock Name: SANBUMI
Date Announced: 25/10/2010

Announcement Detail:
Type: Announcement

Subject: Sanbumi Holdings Berhad -
Monthly timber production figure

Contents: Pursuant to paragraph 9.36 of the Listing Requirements of Bursa Malaysia Securities Berhad, Sanbumi Holdings Berhad wishes to announce that the timber production figure for the month of September 2010 of the Sanbumi Group is Nil. This announcement is dated 25 October 2010.


TGL - Teo Guan Lee Corporation Berhad - Proposed Amendment to the Articles of Association of the Company

Announcement Type: General Announcement
Company Name: TEO GUAN LEE CORPORATION BERHAD
Stock Name: TGL
Date Announced: 25/10/2010

Announcement Detail:
Type: Announcement

Subject: Teo Guan Lee Corporation Berhad
- Proposed Amendment to the Articles of Association of the Company

Contents: Teo Guan Lee Corporation Berhad ("TGL" or the "Company")
- Proposed Amendment to the Articles of Association of the Company (the "Proposed Amendment to the Articles")


LINEAR - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 25/10/2010

Announcement Detail:
Date of change: 25/10/2010

Type of change: Resignation

Designation: Director

Directorate: Executive

Name: Mevin Nevis A/L AF Nevis

Age: 56

Nationality: Malaysian

Qualifications: Mr. Mevin Nevis A/L Nevis graduated from the INSEAD EURO ASIA
International Management Programme in Fontainbleu, France and
holds a Masters Degree in Business Administration, Executive
Management.

Working experience and occupation: Mr. Mevin Nevis A/L AF Nevis started his career with Standard
Chartered Bank Berhad ("the Bank") in 1972. Rising through the
ranks under the Bank's Executive Management Trainee program,
he has held various executive and senior managerial positions in
the Bank during the period from 1980 to 2007 such as Branch
Manager, Area Manager for Northern/Central Region, Head of Small
& Medium Enterprises, Head of Large Local Corporations and Head
of Product Management for Cash Management, Trade & Securities
Services. From 1990 to 1992, he was assigned to the Bank's
offices in Chicago and Los Angeles in the United States of America
as Senior Relationship Manager for multinational corporate
businesses. His last posting before he left the Bank in October 2007
was as Director/Head of Transaction Banking. Thereafter, he joined
the Linear Group in late 2007.

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: Direct Interest in 100,000 ordinary shares of RM1.00 each in Linear
Corporation Berhad.



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