November 1, 2010

Company announcements: MMM, PETRA, BASWELL, HOVID, HOVID-WA, AXIS, METECH

MMM - General Announcement

Announcement Type: General Announcement
Company Name: MALAYSIAN MERCHANT MARINE BERHAD
Stock Name: MMM
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: MALAYSIAN MERCHANT MARINE BERHAD ("MMM" or " Company ")
Monthly announcement on the status of Regularisation Plan pursuant to Practise Note 17 ("PN 17") of the Main Market Listing Requirements ("MMLR")

Contents: With reference to the First Announcement made by the Company on 5 March 2010 and subsequent announcement made on 8 March 2010, 15 March 2010, 23 March 2010, 30 March 2010, 31 March 2010 ,3 May 2010 , 1 June 2010 , 1st July 2010 , 11th August 2010 , 6th September and 4th October pertaining to paragraph 2.1 (a) and 2.1 (F) of PN 17 of the MMLR, the board of directors of the Company wishes to inform that the Company is in discussions with external consultants with a view to addressing the regularisation plan. When a decision is made by the Board , an appropriate announcement will be made.

The Company has approximately another Four (4)months to submit its Regularisation Plan to the relavant authorities for approval


PETRA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: PETRA PERDANA BERHAD
Stock Name: PETRA
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: PETRA PERDANA BERHAD ("PPB" OR THE "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF 122,760,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PPB ("PPB SHARES") ("RIGHTS SHARES") ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY EIGHT (8) EXISTING PPB SHARES HELD AS AT 5.00 P.M. ON 1 OCTOBER 2010, AT AN ISSUE PRICE OF RM0.59 PER RIGHTS SHARE TOGETHER WITH 61,379,785 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE")

Contents: We refer to the announcements dated 11 May 2010, 9 July 2010, 26 July 2010, 30 July 2010, 16 August 2010, 1 September 2010, 15 September 2010, 30 September 2010 and 22 October 2010 in relation to, amongst others, the Rights Issue. All abbreviations herein shall have the same meanings as those used in the abovementioned announcements unless stated otherwise.

On behalf of PPB, CIMB Investment Bank Berhad wishes to announce that the Rights Issue has been completed following the listing of and quotation for 122,760,000 Rights Shares together with 61,379,785 Warrants on the Main Market of Bursa Malaysia Securities Berhad today.

This announcement is dated 1 November 2010.


BASWELL - General Announcement

Announcement Type: General Announcement
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: BASWELL RESOURCES BERHAD ("BASWELL" or "the Company")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF PLAN TO REGULARISE CONDITION PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Contents: Reference is made to the announcement made by the Company on 1 October 2010 in relation to the above matter.


BASWELL - General Announcement

Announcement Type: General Announcement
Company Name: BASWELL RESOURCES BERHAD
Stock Name: BASWELL
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: BASWELL RESOURCES BERHAD ("BASWELL" or "the Company")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")("MAIN LR")

Contents: Reference is made to the announcement made by the Company on 1 October 2010 in relation to the above matter.


HOVID - Financial Condition

Announcement Type: Investor Alert Announcement
Company Name: HOVID BERHAD
Stock Name: HOVID
Date Announced: 01/11/2010

Announcement Detail:
Subject: Financial Condition

Contents: Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 29 October 2010.


HOVID - HOVID - New Admission into PN17

Announcement Type: Listing Circular
Company Name: HOVID BERHAD
Stock Name: HOVID
Date Announced: 01/11/2010

Announcement Detail:
Subject: HOVID - New Admission into PN17

Contents: Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 29 October 2010.


HOVID-WA - Financial Condition

Announcement Type: Investor Alert Announcement
Company Name: HOVID BERHAD
Stock Name: HOVID-WA
Date Announced: 01/11/2010

Announcement Detail:
Subject: Financial Condition

Contents: Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 29 October 2010.


AXIS - General Announcement

Announcement Type: General Announcement
Company Name: AXIS INCORPORATION BERHAD
Stock Name: AXIS
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: AXIS INCORPORATION BERHAD ("Axis")
- Monthly Announcement pursuant to Practice Note 1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Subsequent to the announcement made by the Board on 13 October 2010 in respect of Bursa Malaysia Securities Berhad ("Bursa Securities")'s letter dated 12 October 2010, informing Axis that the Appeals Committees has decided to grant Axis a final extension of time until 16 November 2010 ("the extended timeframe") to enable Axis to submit the regularisation plan to Bursa Securities for approval, there is no further material development as at the date of this announcement.

This announcement is made on 1 November 2010


AXIS - General Announcement

Announcement Type: General Announcement
Company Name: AXIS INCORPORATION BERHAD
Stock Name: AXIS
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: AXIS INCORPORATION BERHAD ("Axis or the Company")
- Monthly Announcement on the Status of Regularisation Plan pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Subsequent to the announcement made by the Board on 13 October 2010 in respect of Bursa Malaysia Securities Berhad ("Bursa Securities")'s letter dated 12 October 2010, informing Axis that the Appeals Committees has decided to grant Axis a final extension of time until 16 November 2010 ("the extended timeframe") to enable Axis to submit the regularisation plan to Bursa Securities for approval, there is no further material development as at the date of this announcement.

This announcement is made on 1 November 2010


METECH - General Announcement

Announcement Type: General Announcement
Company Name: METECH GROUP BERHAD
Stock Name: METECH
Date Announced: 01/11/2010

Announcement Detail:
Type: Announcement

Subject: Metech Group Berhad ("Metech" or "the Company")
- Monthly Announcement pursuant to Practice Note 17 of the Main Market Listing Requirements

Contents: Further to the Company's monthly announcement dated 1 October 2010 on the status of the Company's regularisation plan pursuant to PN17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of the Company wishes to announce that the Company is still in the process of formulating a Regularisation Plan to regularise its financial condition and shall announce the same to Bursa Securities upon finalization of the Regularisation Plan.

The Company has approximately another ten (10) months to submit its Regularisation Plan to the relevant authorities for approval.

This announcement is dated 1 November 2010.



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