November 22, 2010

Company announcements: GRANFLO, GENETEC, CIMBA40, CIMBX25, BHIC, LIONFIB, SALCON, TEXCHEM

GRANFLO - Quarterly rpt on consolidated results for the financial period ended 30/9/2010

Announcement Type: Financial Results
Company Name: GRAND-FLO SOLUTION BERHAD (ACE Market)
Stock Name: GRANFLO
Date Announced: 22/11/2010

Announcement Detail:
Financial Year End: 31/12/2010

Quarter: 3

Quarterly report for the financial period ended: 30/09/2010

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


GENETEC - General Announcement

Announcement Type: General Announcement
Company Name: GENETEC TECHNOLOGY BERHAD (ACE Market)
Stock Name: GENETEC
Date Announced: 22/11/2010

Announcement Detail:
Type: Announcement

Subject: GENETEC TECHNOLOGY BERHAD ("GENETEC" OR THE "COMPANY")
- LETTER OF INTENT FOR THE PROPOSED ACQUISITION OF SYSTEMS SOUTH INC

Contents: With reference to the Company's announcement on 19 November 2010 in respect of letter of intent for the proposed acquisition of Systems South Inc.

Amendments are made to rectify the wrongly stated information under Section 2 in the original announcement dated 19 November 2010 as follows:

(i) the purchase consideration for the proposed initial acquisition of 80% of the outstanding shares of Systems South; and
(ii) the closing date for the proposed acquisition of 5% shares of Systems South.

Please refer to the attached file for details.

This amended announcement is dated 22 November 2010.

Attachments: Genetec - Proposed Acquisition of Systems South Inc (Amended_22.11.10).pdf


CIMBA40 - CIMB FTSE ASEAN 40 Malaysia - IOPV after close of morning trading session as at 22-Nov-10

Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 22/11/2010

Announcement Detail:
Type: Announcement

Subject: CIMB FTSE ASEAN 40 Malaysia - IOPV after close of morning trading session as at 22-Nov-10

Contents: Fund: CIMB FTSE ASEAN 40 Malaysia
IOPV per unit (RM): 1.5713
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,318.14


CIMBX25 - CIMB FTSE Xinhua China 25 - IOPV after close of morning trading session as at 22-Nov-10

Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE XINHUA CHINA 25
Stock Name: CIMBX25
Date Announced: 22/11/2010

Announcement Detail:
Type: Announcement

Subject: CIMB FTSE Xinhua China 25 - IOPV after close of morning trading session as at 22-Nov-10

Contents: Fund: CIMB FTSE Xinhua China 25
IOPV per unit (RM): 1.0836
Units in circulation (units): 19,500,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 19,685.11


BHIC - UPDATE ON JOINT VENTURE AGREEMENT WITH PRESTIGE PILLAR SDN. BHD. AND EUROCOPTER MALAYSIA SDN. BHD.

Announcement Type: General Announcement
Company Name: BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name: BHIC
Date Announced: 22/11/2010

Announcement Detail:
Type: Announcement

Subject: UPDATE ON JOINT VENTURE AGREEMENT WITH PRESTIGE PILLAR SDN. BHD. AND EUROCOPTER MALAYSIA SDN. BHD.

Contents: Further to the announcements on 3 June 2010 and 18 August 2010, the Company wishes to inform that there is no further development from the last update.


LIONFIB - General Announcement

Announcement Type: General Announcement
Company Name: LION FOREST INDUSTRIES BERHAD
Stock Name: LIONFIB
Date Announced: 22/11/2010

Announcement Detail:
Type: Announcement

Subject: LION FOREST INDUSTRIES BERHAD ("LFIB" OR THE "COMPANY")

PROPOSED DISPOSAL OF THE ENTIRE 100% EQUITY INTEREST IN SILVERSTONE BERHAD ("SB") BY SILVERSTONE CORPORATION BERHAD ("SCB"), AN 84.16% OWNED SUBSIDIARY OF LION FOREST INDUSTRIES BERHAD, TO TOYO TIRE & RUBBER CO., LTD. ("Toyo Tire" OR THE "PURCHASER") FOR A CASH CONSIDERATION OF RM462 MILLION

Contents: We refer to the announcement dated 21 October 2010, and wish to announce the proposed utilisation of proceeds from the proposed disposal of the entire 100% equity interest in SB, by SCB, an 84.16% owned subsidiary of the Company, to Toyo Tire for a total cash consideration of RM462 million ("Proposed Disposal").

Details of the proposed utilisation of proceeds from the Proposed Disposal are set out in Table 1 attached hereto.

The proceeds of the Proposed Disposal are expected to be fully utilised within 12 months from the Completion Date.

Unless otherwise defined herein, all capitalised terms used in this announcement shall have the same meaning ascribed to them in the Circular to Shareholders on the Proposed Disposal dated 22 November 2010.

This announcement is dated 22 November 2010.

Attachments: LFIB - Table 1.pdf


SALCON - SALCON - SUSPENSION OF TRADING

Announcement Type: Listing Circular
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 22/11/2010

Announcement Detail:
Subject: SALCON - SUSPENSION OF TRADING

Contents: Kindly be advised that the trading in the Company's securities has been suspended with effect from 12.09 p.m., Monday, 22 November 2010 and will be requoted with effect from 2.30 p.m., Monday, 22 November 2010.

Your attention is drawn to the Company's announcement dated 22 November 2010.


SALCON - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 22/11/2010

Announcement Detail:
Type: Announcement

Subject: SALCON BERHAD ("SALCON" OR THE "COMPANY")

? PROPOSED INTERNAL RESTRUCTURING; AND
? PROPOSED DISPOSAL.

(hereinafter collectively referred to as the "Proposals")

Contents: On behalf of the Board of Directors of Salcon, MIMB Investment Bank Berhad wishes to announce that the Company is proposing to undertake the following proposals:-

(i) Proposed Internal Restructuring; and
(ii) Proposed Disposal.

(hereinafter collectively referred to as the "Proposals")

Kindly refer to the attached documents for the complete announcement in relation to the said Proposals.

This announcement is dated 22 November 2010.

Attachments: Salcon (final).doc
Appendix (final).doc


SALCON - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 22/11/2010

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: ESOS

Details of corporate proposal: Employees' Share Option Scheme

No. of shares issued under this corporate proposal: 1,344,000

Issue price per share ($$): MYR 0.570

Par Value ($$): MYR 0.500

Units: 471,770,804

Currency: MYR 235,885,402.000

Listing Date: 23/11/2010


TEXCHEM - General Announcement

Announcement Type: General Announcement
Company Name: TEXCHEM RESOURCES BERHAD
Stock Name: TEXCHEM
Date Announced: 22/11/2010

Announcement Detail:
Type: Announcement

Subject: MEMORANDUM OF UNDERSTANDING BETWEEN TEXCHEM FOOD SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF TEXCHEM RESOURCES BHD. AND CHINA NATIONAL CHEMICAL FIBER CORP.

Contents: The Board of Directors ("Board" or the "Directors") of Texchem Resources Bhd. ("TRB") wishes to announce that Texchem Food Sdn. Bhd. ("TFSB"), a wholly owned subsidiary of TRB, has on even date entered into a Memorandum of Understanding ("MoU") with China National Chemical Fiber Corp. ("Sinofiber") for the purpose of exploring the possibility of entering into a long term and mutually beneficial relationship whereby Sinofiber will be appointed as TFSB's sole importer of marine products such as soft shell crab and fishmeal ("Marine Products") in the People's Republic of China ("China") (hereinafter referred to as the "Proposal").

The Board wishes to further inform that in conjunction with the signing of the MoU between TFSB and Sinofiber on even date, a joint press conference will be held by both parties. A copy of the press release entitled "Texchem Food gains a foothold in China's seafood market" is attached hereto for public information.


Further details on the Proposal are set out in the file attached below.

Attachments: TRB ann.pdf
Press Release 22-11-2010 _.pdf



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