TONGHER - Notification under Chapter 14 of the Bursa Securities Listing Requirements on Dealings in Securities
Announcement Type: General Announcement
Company Name: TONG HERR RESOURCES BERHAD
Stock Name: TONGHER
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Notification under Chapter 14 of the Bursa Securities Listing Requirements on Dealings in Securities
Contents: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities
Company Name: TONG HERR RESOURCES BERHAD
Stock Name: TONGHER
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Notification under Chapter 14 of the Bursa Securities Listing Requirements on Dealings in Securities
Contents: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities
NVMULTI - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: NV MULTI CORPORATION BERHAD ("NV Multi" or the "Company")
Offer to acquire the entire business and undertakings of NV Multi (including the entire assets and liabilities of NV Multi) ("NV Multi Business") for a total purchase consideration of approximately RM295 million ("Offer")
Contents: Reference is made to the Company's announcement dated 8 October 2010 in relation to the Offer from Mutual Tactic Sdn. Bhd. ("MTSB").
On behalf of the Board of Directors of NV Multi ("Board"), HwangDBS Investment Bank Berhad ("HwangDBS") wishes to announce that the Board (save for Dato' Kong Hon Kong and Kong Yew Foong (collectively referred to as "Interested Directors/Major Shareholders"), who are deemed interested in the Offer and have abstained from all deliberation and voting) had on 11 October 2010 and 13 October 2010 deliberated on the letter dated 8 October 2010 from MTSB pertaining to the Offer ("Offer Letter").
In connection thereto, the Board has appointed HwangDBS to act as principal adviser of NV Multi in relation to the Offer and engaged Affin Investment Bank Berhad to act as independent adviser to provide an opinion to the non-interested Directors and shareholders of NV Multi on the fairness and reasonableness of the Offer.
The Board (save for the Interested Directors/Major Shareholders), after considering, inter-alia, the advice of the principal adviser and the independent adviser, has today resolved to accept the Offer from MTSB to acquire the NV Multi Business for a total purchase consideration of approximately RM295 million ("Proposed Transaction"), subject to the terms and conditions of the Offer Letter and the required definitive agreement(s) for the Proposed Transaction ("Master Agreement") which are to be negotiated and agreed upon with MTSB within 21 days from the date hereof and the approval of the shareholders of the Company being obtained in relation to the Proposed Transaction. Accordingly, the Board will table the resolutions pertaining to the Proposed Transaction to the shareholders of the Company for their consideration and if thought fit, approval at an extraordinary general meeting of the Company ("EGM") to be convened in due course.
In the Offer Letter, MTSB has also proposed for NV Multi to undertake a distribution of the cash proceeds arising from the Proposed Transaction to all the entitled shareholders of the Company upon completion of the Proposed Transaction. The Board will further deliberate and decide on the mode and manner of the proposed distribution in tandem with the definitive terms and conditions of the Proposed Transaction to be agreed upon with MTSB.
The Interested Directors/Major Shareholders have abstained and will continue to abstain from all deliberations and voting at the Board meetings of the Company in relation to the Proposed Transaction and will abstain from voting in respect of their direct and/or indirect shareholdings in the Company, if any, on the resolutions pertaining to the Proposed Transaction to be tabled at the EGM to be convened. The Interested Directors/Major Shareholders shall also undertake to ensure that persons connected to them shall abstain from voting in respect of their direct and/or indirect shareholdings in the Company, if any, on the resolutions pertaining to the Proposed Transaction to be tabled at the EGM to be convened.
A further announcement on the Proposed Transaction will be made in the event that the Master Agreement is executed or if there are any other material developments relating to the Proposed Transaction.
This announcement is dated 13 October 2010.
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: NV MULTI CORPORATION BERHAD ("NV Multi" or the "Company")
Offer to acquire the entire business and undertakings of NV Multi (including the entire assets and liabilities of NV Multi) ("NV Multi Business") for a total purchase consideration of approximately RM295 million ("Offer")
Contents: Reference is made to the Company's announcement dated 8 October 2010 in relation to the Offer from Mutual Tactic Sdn. Bhd. ("MTSB").
On behalf of the Board of Directors of NV Multi ("Board"), HwangDBS Investment Bank Berhad ("HwangDBS") wishes to announce that the Board (save for Dato' Kong Hon Kong and Kong Yew Foong (collectively referred to as "Interested Directors/Major Shareholders"), who are deemed interested in the Offer and have abstained from all deliberation and voting) had on 11 October 2010 and 13 October 2010 deliberated on the letter dated 8 October 2010 from MTSB pertaining to the Offer ("Offer Letter").
In connection thereto, the Board has appointed HwangDBS to act as principal adviser of NV Multi in relation to the Offer and engaged Affin Investment Bank Berhad to act as independent adviser to provide an opinion to the non-interested Directors and shareholders of NV Multi on the fairness and reasonableness of the Offer.
The Board (save for the Interested Directors/Major Shareholders), after considering, inter-alia, the advice of the principal adviser and the independent adviser, has today resolved to accept the Offer from MTSB to acquire the NV Multi Business for a total purchase consideration of approximately RM295 million ("Proposed Transaction"), subject to the terms and conditions of the Offer Letter and the required definitive agreement(s) for the Proposed Transaction ("Master Agreement") which are to be negotiated and agreed upon with MTSB within 21 days from the date hereof and the approval of the shareholders of the Company being obtained in relation to the Proposed Transaction. Accordingly, the Board will table the resolutions pertaining to the Proposed Transaction to the shareholders of the Company for their consideration and if thought fit, approval at an extraordinary general meeting of the Company ("EGM") to be convened in due course.
In the Offer Letter, MTSB has also proposed for NV Multi to undertake a distribution of the cash proceeds arising from the Proposed Transaction to all the entitled shareholders of the Company upon completion of the Proposed Transaction. The Board will further deliberate and decide on the mode and manner of the proposed distribution in tandem with the definitive terms and conditions of the Proposed Transaction to be agreed upon with MTSB.
The Interested Directors/Major Shareholders have abstained and will continue to abstain from all deliberations and voting at the Board meetings of the Company in relation to the Proposed Transaction and will abstain from voting in respect of their direct and/or indirect shareholdings in the Company, if any, on the resolutions pertaining to the Proposed Transaction to be tabled at the EGM to be convened. The Interested Directors/Major Shareholders shall also undertake to ensure that persons connected to them shall abstain from voting in respect of their direct and/or indirect shareholdings in the Company, if any, on the resolutions pertaining to the Proposed Transaction to be tabled at the EGM to be convened.
A further announcement on the Proposed Transaction will be made in the event that the Master Agreement is executed or if there are any other material developments relating to the Proposed Transaction.
This announcement is dated 13 October 2010.
NVMULTI - NVMULTI-Resumption of Trading
Announcement Type: Listing Circular
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 13/10/2010
Announcement Detail:
Subject: NVMULTI-Resumption of Trading
Contents: Further to Listing's Circular No. L/Q 58736 of 2010, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Thursday, 14 October 2010.
Your attention is drawn to NVMULTI's announcement dated 13 October 2010.
Company Name: NV MULTI CORPORATION BERHAD
Stock Name: NVMULTI
Date Announced: 13/10/2010
Announcement Detail:
Subject: NVMULTI-Resumption of Trading
Contents: Further to Listing's Circular No. L/Q 58736 of 2010, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Thursday, 14 October 2010.
Your attention is drawn to NVMULTI's announcement dated 13 October 2010.
KMLOONG - MONTHLY PRODUCTION FOR THE MONTH OF SEPTEMBER 2010
Announcement Type: General Announcement
Company Name: KIM LOONG RESOURCES BERHAD
Stock Name: KMLOONG
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FOR THE MONTH OF SEPTEMBER 2010
Contents: The Group's production figures for the month of September 2010 are as follows :
Company Name: KIM LOONG RESOURCES BERHAD
Stock Name: KMLOONG
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FOR THE MONTH OF SEPTEMBER 2010
Contents: The Group's production figures for the month of September 2010 are as follows :
KENCANA - AWARD OF CONTRACT
Announcement Type: General Announcement
Company Name: KENCANA PETROLEUM BERHAD
Stock Name: KENCANA
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: AWARD OF CONTRACT
Contents: 1.0 INTRODUCTION
The Board of Directors of Kencana Petroleum Berhad ("Kencana Petroleum") is pleased to announce that its wholly owned subsidiary, Kencana HL Sdn. Bhd. has secured a contract from PETRONAS Carigali Sdn. Bhd. ("PETRONAS Carigali") for the provision of single buoy mooring overhaul for PETRONAS Carigali's Sarawak Operations ("the Contract").
2.0 INFORMATION ON THE CONTRACT
The total value of the Contract is estimated at approximately RM16.4 million. The Contract is for a one-off period and is expected to commence within the month of January 2011.
3.0 FINANCIAL EFFECTS
The Contract is expected to contribute positively to the earnings and net asset per share of Kencana Petroleum Group for the financial year ending 31 July 2011.
4.0 RISK FACTORS
Risk factors affecting the Contract include but are not limited to execution risks such as availability of skilled manpower and materials, changes in prices of materials, and changes in political, economic and regulatory conditions. The Company has throughout the years established its track records and expertise to undertake such projects. As such, the management believes that the Company is able to mitigate the abovementioned risk factors.
5.0 DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST
None of the Directors or major shareholders or persons connected with the Directors or major shareholders of the Company has any direct or indirect interest in the Contract.
6.0 DIRECTORS' STATEMENT
The Board of Directors of Kencana Petroleum is of the opinion that the acceptance of the Contract is in the best interest of the Company.
This announcement is dated 13 October 2010.
Company Name: KENCANA PETROLEUM BERHAD
Stock Name: KENCANA
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: AWARD OF CONTRACT
Contents: 1.0 INTRODUCTION
The Board of Directors of Kencana Petroleum Berhad ("Kencana Petroleum") is pleased to announce that its wholly owned subsidiary, Kencana HL Sdn. Bhd. has secured a contract from PETRONAS Carigali Sdn. Bhd. ("PETRONAS Carigali") for the provision of single buoy mooring overhaul for PETRONAS Carigali's Sarawak Operations ("the Contract").
2.0 INFORMATION ON THE CONTRACT
The total value of the Contract is estimated at approximately RM16.4 million. The Contract is for a one-off period and is expected to commence within the month of January 2011.
3.0 FINANCIAL EFFECTS
The Contract is expected to contribute positively to the earnings and net asset per share of Kencana Petroleum Group for the financial year ending 31 July 2011.
4.0 RISK FACTORS
Risk factors affecting the Contract include but are not limited to execution risks such as availability of skilled manpower and materials, changes in prices of materials, and changes in political, economic and regulatory conditions. The Company has throughout the years established its track records and expertise to undertake such projects. As such, the management believes that the Company is able to mitigate the abovementioned risk factors.
5.0 DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST
None of the Directors or major shareholders or persons connected with the Directors or major shareholders of the Company has any direct or indirect interest in the Contract.
6.0 DIRECTORS' STATEMENT
The Board of Directors of Kencana Petroleum is of the opinion that the acceptance of the Contract is in the best interest of the Company.
This announcement is dated 13 October 2010.
HALEX - Dealings by Director in the Securities of the Company Outside Closed Period
Announcement Type: General Announcement
Company Name: HALEX HOLDINGS BERHAD
Stock Name: HALEX
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by Director in the Securities of the Company Outside Closed Period
Contents: The following Director has given notice of his dealings in the Securities of the Company Outside Closed Period as follow:-
Company Name: HALEX HOLDINGS BERHAD
Stock Name: HALEX
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Dealings by Director in the Securities of the Company Outside Closed Period
Contents: The following Director has given notice of his dealings in the Securities of the Company Outside Closed Period as follow:-
IVORY - General Announcement
Announcement Type: General Announcement
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: IVORY PROPERTIES GROUP BERHAD ("Ivory" or "the Company")
- Notification by Principal Officer of His Dealings In Securities of Ivory Outside Closed Period
Contents: Pursuant to Paragraph 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, I, Yeong Siew Yan hereby give notice of my dealings in the ordinary shares of IVORY outside closed period as set out in table as appended:-
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: IVORY PROPERTIES GROUP BERHAD ("Ivory" or "the Company")
- Notification by Principal Officer of His Dealings In Securities of Ivory Outside Closed Period
Contents: Pursuant to Paragraph 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, I, Yeong Siew Yan hereby give notice of my dealings in the ordinary shares of IVORY outside closed period as set out in table as appended:-
KURNIA - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: KURNIA SETIA BERHAD
Stock Name: KURNIA
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: NOTICE TO WARRANTHOLDERS IN RELATION TO THE SUSPENSION OF TRADING OF WARRANTS ISSUED BY KURNIA SETIA BERHAD ("KSB") ("KSB WARRANTS") AND THE ENTITLEMENT DATE FOR THE PAYMENT TO WARRANTHOLDERS BY WAY OF A SPECIAL RESOLUTION AS PROVIDED IN THE DEED POLL EXECUTED BY KSB ON 10 MARCH 2008 CONSTITUTING THE KSB WARRANTS ("WARRANT SCHEME")
Contents: NOTICE TO WARRANTHOLDERS IN RELATION TO THE SUSPENSION OF TRADING OF WARRANTS ISSUED BY KURNIA SETIA BERHAD ("KSB") ("KSB WARRANTS") AND THE ENTITLEMENT DATE FOR THE PAYMENT TO WARRANTHOLDERS BY WAY OF A SPECIAL RESOLUTION AS PROVIDED IN THE DEED POLL EXECUTED BY KSB ON 10 MARCH 2008 CONSTITUTING THE KSB WARRANTS ("WARRANT SCHEME")
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: KURNIA SETIA BERHAD
Stock Name: KURNIA
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: NOTICE TO WARRANTHOLDERS IN RELATION TO THE SUSPENSION OF TRADING OF WARRANTS ISSUED BY KURNIA SETIA BERHAD ("KSB") ("KSB WARRANTS") AND THE ENTITLEMENT DATE FOR THE PAYMENT TO WARRANTHOLDERS BY WAY OF A SPECIAL RESOLUTION AS PROVIDED IN THE DEED POLL EXECUTED BY KSB ON 10 MARCH 2008 CONSTITUTING THE KSB WARRANTS ("WARRANT SCHEME")
Contents: NOTICE TO WARRANTHOLDERS IN RELATION TO THE SUSPENSION OF TRADING OF WARRANTS ISSUED BY KURNIA SETIA BERHAD ("KSB") ("KSB WARRANTS") AND THE ENTITLEMENT DATE FOR THE PAYMENT TO WARRANTHOLDERS BY WAY OF A SPECIAL RESOLUTION AS PROVIDED IN THE DEED POLL EXECUTED BY KSB ON 10 MARCH 2008 CONSTITUTING THE KSB WARRANTS ("WARRANT SCHEME")
KIMHIN - General Announcement
Announcement Type: General Announcement
Company Name: KIM HIN INDUSTRY BERHAD
Stock Name: KIMHIN
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Notification of Director's dealings during outside closed period pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we have received notification from the following director in relation to Kim Hin (Malaysia) Sdn Bhd's dealings in the shares of Kim Hin Industry Berhad:-
Company Name: KIM HIN INDUSTRY BERHAD
Stock Name: KIMHIN
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Notification of Director's dealings during outside closed period pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we have received notification from the following director in relation to Kim Hin (Malaysia) Sdn Bhd's dealings in the shares of Kim Hin Industry Berhad:-
KIMHIN - General Announcement
Announcement Type: General Announcement
Company Name: KIM HIN INDUSTRY BERHAD
Stock Name: KIMHIN
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Notification of Director's dealings during outside closed period pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we have received notification from the following director in relation to Kim Hin (Malaysia) Sdn Bhd's dealings in the shares of Kim Hin Industry Berhad:-
Company Name: KIM HIN INDUSTRY BERHAD
Stock Name: KIMHIN
Date Announced: 13/10/2010
Announcement Detail:
Type: Announcement
Subject: Notification of Director's dealings during outside closed period pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Contents: Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we have received notification from the following director in relation to Kim Hin (Malaysia) Sdn Bhd's dealings in the shares of Kim Hin Industry Berhad:-
No comments:
Post a Comment