JAKS - JAKS RESOURCES BERHAD ("JAKS" OR "THE COMPANY") - INVESTMENT IN JAKS PACIFIC POWER LIMITED
Announcement Type: General Announcement
Company Name: JAKS RESOURCES BERHAD
Stock Name: JAKS
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: JAKS RESOURCES BERHAD ("JAKS" OR "THE COMPANY")
- INVESTMENT IN JAKS PACIFIC POWER LIMITED
Contents: Introduction
The Board of Directors of JAKS wishes to announce that the Company's wholly-owned subsidiary, JAKS Power Holding Limited, has incorporated a wholly-owned subsidiary company, JAKS Pacific Power Limited in Hong Kong with a total issued and paid-up capital of HK$100.00 (the "Investment").
Rationale
The Investment is to facilitate the Company's venture into the power plant project in Vietnam.
Effects of the Investment
The Investment will not have any material effect on the earnings per share, net assets per share or gearing of the JAKS Group for the financial year ending 31 October 2011. There will also be no changes to the share capital and substantial shareholders' shareholding of JAKS.
Directors and Major Shareholders' interest
None of the directors and major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Investment:
Statement by Directors
The Directors of JAKS are of the opinion that the Investment is in the best interest of the JAKS Group.
This announcement is dated 16 November 2010.
Company Name: JAKS RESOURCES BERHAD
Stock Name: JAKS
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: JAKS RESOURCES BERHAD ("JAKS" OR "THE COMPANY")
- INVESTMENT IN JAKS PACIFIC POWER LIMITED
Contents: Introduction
The Board of Directors of JAKS wishes to announce that the Company's wholly-owned subsidiary, JAKS Power Holding Limited, has incorporated a wholly-owned subsidiary company, JAKS Pacific Power Limited in Hong Kong with a total issued and paid-up capital of HK$100.00 (the "Investment").
Rationale
The Investment is to facilitate the Company's venture into the power plant project in Vietnam.
Effects of the Investment
The Investment will not have any material effect on the earnings per share, net assets per share or gearing of the JAKS Group for the financial year ending 31 October 2011. There will also be no changes to the share capital and substantial shareholders' shareholding of JAKS.
Directors and Major Shareholders' interest
None of the directors and major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Investment:
Statement by Directors
The Directors of JAKS are of the opinion that the Investment is in the best interest of the JAKS Group.
This announcement is dated 16 November 2010.
MIECO - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Company Name: MIECO CHIPBOARD BERHAD
Stock Name: MIECO
Date Announced: 16/11/2010
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)
Company Name: MIECO CHIPBOARD BERHAD
Stock Name: MIECO
Date Announced: 16/11/2010
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)
RANHILL - Change of Financial Year End
Announcement Type: Change of Financial Year End
Company Name: RANHILL BERHAD
Stock Name: RANHILL
Date Announced: 16/11/2010
Announcement Detail:
Old financial year end: 30/06/2010
New financial year end: 31/12/2011
Remark: This change of financial year end to 31 December is to take effect from 2011 whereby the first set of the audited financial statements shall be made up for a period of 18 months from 1 July 2010 to 31 December 2011.
As a result of the above and with Companies Commission of Malaysia's approval, the Company's 2011 Annual General Meeting shall be held by 30 June 2012 .
Company Name: RANHILL BERHAD
Stock Name: RANHILL
Date Announced: 16/11/2010
Announcement Detail:
Old financial year end: 30/06/2010
New financial year end: 31/12/2011
Remark: This change of financial year end to 31 December is to take effect from 2011 whereby the first set of the audited financial statements shall be made up for a period of 18 months from 1 July 2010 to 31 December 2011.
As a result of the above and with Companies Commission of Malaysia's approval, the Company's 2011 Annual General Meeting shall be held by 30 June 2012 .
PSPRING - General Announcement
Announcement Type: General Announcement
Company Name: PULAI SPRINGS BERHAD
Stock Name: PSPRING
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Notice of Award in relation to Arbitration Proceedings between Sambu (Malaysia) Sdn. Bhd. and Pulai Springs Resort Berhad
Contents: Reference is made to the Company's announcements dated 17 May 2010 and 18 June 2010 as well as the interim financial statements for the third quarter ended 30 September 2010 in relation to the arbitration proceedings involving Sambu (Malaysia) Sdn. Bhd. ("Sambu") and Pulai Springs Resort Berhad ("PSRB"), a wholly owned subsidiary of Pulai Springs Berhad ("PSB" or "the Company")which relates to a contract for construction and completion of the ancillary buildings and associated external works at Pulai Springs Resort.
The Board of Directors of Pulai Springs Berhad wishes to announce that the Company has been informed by its solicitors that the Kuala Lumpur High Court had on 15 November 2010 allowed Sambu's application under Section 24(3) of the Arbitration Act 1952 that requires PSRB to deposit the Arbitration Sum in the amount of RM15,877,792.72 (calculated as at 25 October 2010) in the joint account of the solicitors for PSRB and Sambu as stakeholders. This sum is to be deposited within 10 days from 15 November 2010 (15 November 2010 included). If PSRB fails to make the necessary deposit within the said timeframe, PSRB's application to set aside the Award will be struck out with costs. The cost in this application is the cost in the cause.
The Company will proceed to lodge a Notice of Appeal.
This announcement is dated 16 November 2010.
Company Name: PULAI SPRINGS BERHAD
Stock Name: PSPRING
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Notice of Award in relation to Arbitration Proceedings between Sambu (Malaysia) Sdn. Bhd. and Pulai Springs Resort Berhad
Contents: Reference is made to the Company's announcements dated 17 May 2010 and 18 June 2010 as well as the interim financial statements for the third quarter ended 30 September 2010 in relation to the arbitration proceedings involving Sambu (Malaysia) Sdn. Bhd. ("Sambu") and Pulai Springs Resort Berhad ("PSRB"), a wholly owned subsidiary of Pulai Springs Berhad ("PSB" or "the Company")which relates to a contract for construction and completion of the ancillary buildings and associated external works at Pulai Springs Resort.
The Board of Directors of Pulai Springs Berhad wishes to announce that the Company has been informed by its solicitors that the Kuala Lumpur High Court had on 15 November 2010 allowed Sambu's application under Section 24(3) of the Arbitration Act 1952 that requires PSRB to deposit the Arbitration Sum in the amount of RM15,877,792.72 (calculated as at 25 October 2010) in the joint account of the solicitors for PSRB and Sambu as stakeholders. This sum is to be deposited within 10 days from 15 November 2010 (15 November 2010 included). If PSRB fails to make the necessary deposit within the said timeframe, PSRB's application to set aside the Award will be struck out with costs. The cost in this application is the cost in the cause.
The Company will proceed to lodge a Notice of Appeal.
This announcement is dated 16 November 2010.
DXN - General Announcement
Announcement Type: General Announcement
Company Name: DXN HOLDINGS BHD
Stock Name: DXN
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: DXN HOLDINGS BERHAD ("DXN")
- NOTIFICATION BY DIRECTOR OF MAJOR SUBSIDIARY OF HIS
DEALINGS IN SECURITIES OF DXN HOLDINGS BHD OUTSIDE CLOSED PERIOD
Contents: Pursuant to Paragraph 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, I, Tan Young Tat hereby give notice of my dealings in the ordinary shares of DXN outside closed period as set out in Table 1 as appended.
This announcement is dated 16 November 2010.
Company Name: DXN HOLDINGS BHD
Stock Name: DXN
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: DXN HOLDINGS BERHAD ("DXN")
- NOTIFICATION BY DIRECTOR OF MAJOR SUBSIDIARY OF HIS
DEALINGS IN SECURITIES OF DXN HOLDINGS BHD OUTSIDE CLOSED PERIOD
Contents: Pursuant to Paragraph 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, I, Tan Young Tat hereby give notice of my dealings in the ordinary shares of DXN outside closed period as set out in Table 1 as appended.
This announcement is dated 16 November 2010.
TITAN - General Announcement
Announcement Type: General Announcement
Company Name: TITAN CHEMICALS CORP. BHD.
Stock Name: TITAN
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: TITAN CHEMICALS CORP. BHD. ("TITAN" OR "COMPANY")
- APPOINTMENT OF INDEPENDENT ADVISER FOR THE UNCONDITIONAL TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF HONAM PETROCHEMICAL CORPORATION ("OFFER")
Contents: Reference is made to the announcement dated 10 November 2010.
The Board of Directors of Titan wishes to announce that the Securities Commission Malaysia had via its letter dated 16 November 2010 approved the appointment of AmInvestment Bank Berhad as the Independent Adviser in relation to the Offer.
This announcement is dated 16 November 2010.
Company Name: TITAN CHEMICALS CORP. BHD.
Stock Name: TITAN
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: TITAN CHEMICALS CORP. BHD. ("TITAN" OR "COMPANY")
- APPOINTMENT OF INDEPENDENT ADVISER FOR THE UNCONDITIONAL TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF HONAM PETROCHEMICAL CORPORATION ("OFFER")
Contents: Reference is made to the announcement dated 10 November 2010.
The Board of Directors of Titan wishes to announce that the Securities Commission Malaysia had via its letter dated 16 November 2010 approved the appointment of AmInvestment Bank Berhad as the Independent Adviser in relation to the Offer.
This announcement is dated 16 November 2010.
SEB - General Announcement
Announcement Type: General Announcement
Company Name: SEREMBAN ENGINEERING BERHAD
Stock Name: SEB
Date Announced: 16/11/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-101115-54276
Subject: SEREMBAN ENGINEERING BERHAD ("SEB")
Further Information in Relation to the Proposed Acquisition of all that piece of freehold land held under GRN 114865, Lot No. 32554, Pekan Senawang, Daerah Seremban, Negeri Sembilan Darul Khusus by SEB from Mr Low Seng Kern (NRIC No.: 600706-05-5097) for RM3,497,707.80
Contents: Reference is made to Bursa Malaysia Securities Berhad's query letter dated 15 November 2010 requesting for additional information for public release.
Please refer to the attached file for the additional information.
This announcement is dated 16 November 2010.
Query Letter content: We refer to your Company's announcement dated 11 November 2010 in respect of
the above matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The details of the value of other similar size lands in the vicinity and
surrounding areas that were taken into consideration and justifications for the
purchase consideration.
The financial effects of the proposed acquisition on earnings, net asset and
gearing for the financial year ending 31 December 2011.
The prospects of the land to be acquired.
Whether the proposed acquisition is subject to the relevant authorities
approval and the estimated time frame for submission of the application to the
relevant authorities.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
WCY / ZOOS
c.c.General Manager & Head, Market Surveillance Department
Securities Commission (via fax)
Attachments: SEB aquisition land-query.pdf
Company Name: SEREMBAN ENGINEERING BERHAD
Stock Name: SEB
Date Announced: 16/11/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-101115-54276
Subject: SEREMBAN ENGINEERING BERHAD ("SEB")
Further Information in Relation to the Proposed Acquisition of all that piece of freehold land held under GRN 114865, Lot No. 32554, Pekan Senawang, Daerah Seremban, Negeri Sembilan Darul Khusus by SEB from Mr Low Seng Kern (NRIC No.: 600706-05-5097) for RM3,497,707.80
Contents: Reference is made to Bursa Malaysia Securities Berhad's query letter dated 15 November 2010 requesting for additional information for public release.
Please refer to the attached file for the additional information.
This announcement is dated 16 November 2010.
Query Letter content: We refer to your Company's announcement dated 11 November 2010 in respect of
the above matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The details of the value of other similar size lands in the vicinity and
surrounding areas that were taken into consideration and justifications for the
purchase consideration.
The financial effects of the proposed acquisition on earnings, net asset and
gearing for the financial year ending 31 December 2011.
The prospects of the land to be acquired.
Whether the proposed acquisition is subject to the relevant authorities
approval and the estimated time frame for submission of the application to the
relevant authorities.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
WCY / ZOOS
c.c.General Manager & Head, Market Surveillance Department
Securities Commission (via fax)
Attachments: SEB aquisition land-query.pdf
MPCORP - General Announcement
Announcement Type: General Announcement
Company Name: MALAYSIA PACIFIC CORPORATION BERHAD
Stock Name: MPCORP
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Notice of Intention to Deal in the Shares of Malaysia Pacific Corporation Berhad during Closed Period
Contents: Pursuant to paragraph 14.08(b) of the Main Market Listing Requirements, Malaysia Pacific Corporation Berhad ("the Company") wishes to announce that it has received notifications from the following Director and Principal Officer of the Company that they respectively and/or the bodies corporate controlled by them may deal in the shares/warrants of the Company during closed period pending announcement of the interim financial results of the Company and the Group for the first quarter ended 30 September 2010.
The details of their current interests in the shares/warrants of the Company are as set out in the table below.
Company Name: MALAYSIA PACIFIC CORPORATION BERHAD
Stock Name: MPCORP
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Notice of Intention to Deal in the Shares of Malaysia Pacific Corporation Berhad during Closed Period
Contents: Pursuant to paragraph 14.08(b) of the Main Market Listing Requirements, Malaysia Pacific Corporation Berhad ("the Company") wishes to announce that it has received notifications from the following Director and Principal Officer of the Company that they respectively and/or the bodies corporate controlled by them may deal in the shares/warrants of the Company during closed period pending announcement of the interim financial results of the Company and the Group for the first quarter ended 30 September 2010.
The details of their current interests in the shares/warrants of the Company are as set out in the table below.
FREIGHT - General Announcement
Announcement Type: General Announcement
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Freight Management Holdings Berhad ("FMH" or "the Company")
- Acquisition of shares in Exterian Enterprise Sdn Bhd
Contents: Further to the announcement on 15 November 2010 (Ref No. CU-101111-42358) in respect of the acquisition of shares in Exterian Enterprise Sdn Bhd, the Board of Directors of FMH wishes to furnish the following additional information:-
The highest percentage ratio applicable to the acquisition pursuant to Paragraph 10.02(g) of the Listing Requirements for the Main Market of Bursa Malaysia Securities Berhad is 0.9% based on the audited financial statements of the Group for the financial year ended 30 June 2010.
This announcement is dated 16 November 2010.
Company Name: FREIGHT MANAGEMENT HOLDINGS BERHAD
Stock Name: FREIGHT
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Freight Management Holdings Berhad ("FMH" or "the Company")
- Acquisition of shares in Exterian Enterprise Sdn Bhd
Contents: Further to the announcement on 15 November 2010 (Ref No. CU-101111-42358) in respect of the acquisition of shares in Exterian Enterprise Sdn Bhd, the Board of Directors of FMH wishes to furnish the following additional information:-
The highest percentage ratio applicable to the acquisition pursuant to Paragraph 10.02(g) of the Listing Requirements for the Main Market of Bursa Malaysia Securities Berhad is 0.9% based on the audited financial statements of the Group for the financial year ended 30 June 2010.
This announcement is dated 16 November 2010.
SATANG - General Announcement
Announcement Type: General Announcement
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 16/11/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: YL-101115-44986
Subject: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- Article Entitled "Satang moves closer to resolving problems"
Contents: Reference is made to the letter of query from Bursa Malaysia Securities Berhad dated 15 November 2010 in relation to the article appearing in the Star, Starbizweek, page SBW13, on Saturday, 13 November 2010.
After due and diligent enquiry with all the directors and major shareholders, the Company wishes to announce that there is a preliminary discussion in between the new independent directors of the Company, namely Dato' Abdul Aziz bin Haji Sheikh Fadzir and Dato' Rozabil @ Rozamujib bin Abdul Rahman and Pascal Resources Sdn Bhd in relation to the possibility of having interest in the Company and the ways to improve the Company in order to uplift the PN 17 status of Satang. Further development in relation to the said matters will be announced in due course.
This announcement is dated 16 November 2010.
Query Letter content: We refer to above news article appearing in Star, Starbizweek, page SBW13, on
Saturday, 13 November 2010, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-
"It is understood that the appointments would eventually.......... to takeover
the company."
"They will then team up ...............to uplift the PN17 status of Satang."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported article and in particular the
underlined sentences after due and diligent enquiry with all the directors,
major shareholders and all such other persons reasonably familiar with the
matters about which the disclosure is to be made in this respect. In the event
you deny the above sentences or any other part of the above reported article,
you are required to set forth facts sufficient to clarify any misleading
aspects of the same. In the event you confirm the above sentences or any other
part of the above reported article, you are required to set forth facts
sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/YLS
c.c.Head, Market Surveillance Department, Securities Commission (via fax)
Company Name: SATANG HOLDINGS BERHAD
Stock Name: SATANG
Date Announced: 16/11/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: YL-101115-44986
Subject: SATANG HOLDINGS BERHAD ("SATANG" or "THE COMPANY")
- Article Entitled "Satang moves closer to resolving problems"
Contents: Reference is made to the letter of query from Bursa Malaysia Securities Berhad dated 15 November 2010 in relation to the article appearing in the Star, Starbizweek, page SBW13, on Saturday, 13 November 2010.
After due and diligent enquiry with all the directors and major shareholders, the Company wishes to announce that there is a preliminary discussion in between the new independent directors of the Company, namely Dato' Abdul Aziz bin Haji Sheikh Fadzir and Dato' Rozabil @ Rozamujib bin Abdul Rahman and Pascal Resources Sdn Bhd in relation to the possibility of having interest in the Company and the ways to improve the Company in order to uplift the PN 17 status of Satang. Further development in relation to the said matters will be announced in due course.
This announcement is dated 16 November 2010.
Query Letter content: We refer to above news article appearing in Star, Starbizweek, page SBW13, on
Saturday, 13 November 2010, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-
"It is understood that the appointments would eventually.......... to takeover
the company."
"They will then team up ...............to uplift the PN17 status of Satang."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported article and in particular the
underlined sentences after due and diligent enquiry with all the directors,
major shareholders and all such other persons reasonably familiar with the
matters about which the disclosure is to be made in this respect. In the event
you deny the above sentences or any other part of the above reported article,
you are required to set forth facts sufficient to clarify any misleading
aspects of the same. In the event you confirm the above sentences or any other
part of the above reported article, you are required to set forth facts
sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/YLS
c.c.Head, Market Surveillance Department, Securities Commission (via fax)
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