SCABLE - SARAWAK CABLE BERHAD - PROPOSED ACQUISITION AND PROPOSED PRIVATE PLACEMENT
Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: SARAWAK CABLE BERHAD
Stock Name: SCABLE
Date Announced: 20/10/2010
Announcement Detail:
Type: Announcement
Subject: SARAWAK CABLE BERHAD
- PROPOSED ACQUISITION AND PROPOSED PRIVATE PLACEMENT
Contents: On behalf of the Board of Directors ("Board") of Sarawak Cable Berhad ("SCB" or "Company"), AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that the Company had on 20 October 2010 entered into a Conditional Sale and Purchase Agreement to Acquire 24,963,375 ordinary shares of RM1.00 each in Sarwaja Timur Sdn Bhd ("STSB") from Sarawak Energy Berhad and Syarikat SESCo Berhad, representing 75% equity interests in STSB, for a total consideration of RM28,875,000 ("Purchase Price") to be satisfied via issuance of 10,000,000 new ordinary shares of RM0.50 each in the Company ("Shares") at an issue price of RM1.2038 per Share and the balance via cash payment of RM16,837,000 ("Proposed Acquisition").
Concurrently, the Board also announced that, that the Company is proposing to undertake a private placement of up to 5,000,000 Shares, representing up to 4% of the issued and paid-up share capital of the Company.
Kindly refer to the attachment for further details.
This announcement is dated 20 October 2010.
Attachments: SCABLE.pdf
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: SARAWAK CABLE BERHAD
Stock Name: SCABLE
Date Announced: 20/10/2010
Announcement Detail:
Type: Announcement
Subject: SARAWAK CABLE BERHAD
- PROPOSED ACQUISITION AND PROPOSED PRIVATE PLACEMENT
Contents: On behalf of the Board of Directors ("Board") of Sarawak Cable Berhad ("SCB" or "Company"), AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that the Company had on 20 October 2010 entered into a Conditional Sale and Purchase Agreement to Acquire 24,963,375 ordinary shares of RM1.00 each in Sarwaja Timur Sdn Bhd ("STSB") from Sarawak Energy Berhad and Syarikat SESCo Berhad, representing 75% equity interests in STSB, for a total consideration of RM28,875,000 ("Purchase Price") to be satisfied via issuance of 10,000,000 new ordinary shares of RM0.50 each in the Company ("Shares") at an issue price of RM1.2038 per Share and the balance via cash payment of RM16,837,000 ("Proposed Acquisition").
Concurrently, the Board also announced that, that the Company is proposing to undertake a private placement of up to 5,000,000 Shares, representing up to 4% of the issued and paid-up share capital of the Company.
Kindly refer to the attachment for further details.
This announcement is dated 20 October 2010.
Attachments: SCABLE.pdf
ATURMJU - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: ATURMAJU RESOURCES BERHAD
Stock Name: ATURMJU
Date Announced: 20/10/2010
Announcement Detail:
Date of change: 20/10/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: DATO' BAHARON BIN TALIB
Age: 58
Nationality: Malaysian
Qualifications: Degree in History from University of Malaya.
Working experience and occupation: Dato' Baharon served as government servant for 35 years and held various positions in the government sector. He started his career as an Assistant District Officer, State Secretariat Office, and also at the Ministry level with the Federal Government. His last post was State Immigration Director of Sabah. Currently, he is Chairman of Koperasi Imigresen Berhad.
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: 30,000 ordinary shares of RM1.00 each
Company Name: ATURMAJU RESOURCES BERHAD
Stock Name: ATURMJU
Date Announced: 20/10/2010
Announcement Detail:
Date of change: 20/10/2010
Type of change: Appointment
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: DATO' BAHARON BIN TALIB
Age: 58
Nationality: Malaysian
Qualifications: Degree in History from University of Malaya.
Working experience and occupation: Dato' Baharon served as government servant for 35 years and held various positions in the government sector. He started his career as an Assistant District Officer, State Secretariat Office, and also at the Ministry level with the Federal Government. His last post was State Immigration Director of Sabah. Currently, he is Chairman of Koperasi Imigresen Berhad.
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: 30,000 ordinary shares of RM1.00 each
JADI - Profile for Warrants (Amended Announcement)
Announcement Type: Listing Information & Profile
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: JADI IMAGING HOLDINGS BERHAD
Stock Name: JADI
Date Announced: 20/10/2010
Announcement Detail:
Instrument Type: Warrants
Description: 348,251,380 FREE WARRANTS IN JADI ("FREE WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN JADI ("JADI SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AS AT 5 P.M. ON 11 OCTOBER 2010
Listing Date: 20/10/2010
Issue Date: 13/10/2010
Issue/ Ask Price: MYR 0.0000
Issue Size Indicator: Unit
Issue Size in Unit: 348,251,380
Maturity Date: 12/10/2015
Exercise/ Conversion Period: 5.00 Year(s)
Exercise/Strike/Conversion Price: MYR 0.1700
Revised Exercise/Strike/Conversion Price: MYR 0.0000
Exercise/ Conversion Ratio: 1 Free Warrant : 1 Ordinary Share of RM0.10 each
Mode of satisfaction of Exercise/ Conversion price: Cash
Settlement Type/ Convertible into: Physical (Shares)
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: JADI IMAGING HOLDINGS BERHAD
Stock Name: JADI
Date Announced: 20/10/2010
Announcement Detail:
Instrument Type: Warrants
Description: 348,251,380 FREE WARRANTS IN JADI ("FREE WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN JADI ("JADI SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AS AT 5 P.M. ON 11 OCTOBER 2010
Listing Date: 20/10/2010
Issue Date: 13/10/2010
Issue/ Ask Price: MYR 0.0000
Issue Size Indicator: Unit
Issue Size in Unit: 348,251,380
Maturity Date: 12/10/2015
Exercise/ Conversion Period: 5.00 Year(s)
Exercise/Strike/Conversion Price: MYR 0.1700
Revised Exercise/Strike/Conversion Price: MYR 0.0000
Exercise/ Conversion Ratio: 1 Free Warrant : 1 Ordinary Share of RM0.10 each
Mode of satisfaction of Exercise/ Conversion price: Cash
Settlement Type/ Convertible into: Physical (Shares)
No comments:
Post a Comment