PRDUREN - General Announcement
Announcement Type: General Announcement
Company Name: PERDUREN (M) BERHAD
Stock Name: PRDUREN
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION PURSUANT TO CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
-Notification of Proposed Dealings in Securities During Closed Period
Contents: Pursuant to Paragraph 14.08 (Chapter 14)of the Main Market Listing Requirements on Dealings in Securities, we wish to inform that Perduren (M) Berhad ("the Company/PMB") has on 1st November 2010 received a notification dated 1st November 2010 from Mr Loh Chen Yook, Managing Director of the Company, of his intention to deal in the securities of PMB during the closed period, pending announcement of the Company's 2nd quarterly results ended 30 September 2010.
Mr Loh Chen Yook's current shareholdings in the Company is as per table.
Company Name: PERDUREN (M) BERHAD
Stock Name: PRDUREN
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION PURSUANT TO CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
-Notification of Proposed Dealings in Securities During Closed Period
Contents: Pursuant to Paragraph 14.08 (Chapter 14)of the Main Market Listing Requirements on Dealings in Securities, we wish to inform that Perduren (M) Berhad ("the Company/PMB") has on 1st November 2010 received a notification dated 1st November 2010 from Mr Loh Chen Yook, Managing Director of the Company, of his intention to deal in the securities of PMB during the closed period, pending announcement of the Company's 2nd quarterly results ended 30 September 2010.
Mr Loh Chen Yook's current shareholdings in the Company is as per table.
PRDUREN - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company Name: PERDUREN (M) BERHAD
Stock Name: PRDUREN
Date Announced: 01/11/2010
Announcement Detail:
Date of transaction: 01/11/2010
Currency: Malaysian Ringgit (MYR)
Total number of treasury shares sold (units): 50,500
Total number of treasury shares cancelled (units): 0
Minimum price paid for each share sold ($$): 0.905
Maximum price paid for each share sold ($$): 0.910
Total amount received for treasury shares sold ($$): 45,368.56
Cumulative net outstanding treasury shares as at to-date (units): 1,336,400
Adjusted issued capital after cancellation/resale (no. of shares) (units): 0
Remarks: c.c. Securities Commission
Company Name: PERDUREN (M) BERHAD
Stock Name: PRDUREN
Date Announced: 01/11/2010
Announcement Detail:
Date of transaction: 01/11/2010
Currency: Malaysian Ringgit (MYR)
Total number of treasury shares sold (units): 50,500
Total number of treasury shares cancelled (units): 0
Minimum price paid for each share sold ($$): 0.905
Maximum price paid for each share sold ($$): 0.910
Total amount received for treasury shares sold ($$): 45,368.56
Cumulative net outstanding treasury shares as at to-date (units): 1,336,400
Adjusted issued capital after cancellation/resale (no. of shares) (units): 0
Remarks: c.c. Securities Commission
SKW - General Announcement
Announcement Type: General Announcement
Company Name: SYARIKAT KAYU WANGI BERHAD
Stock Name: SKW
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Syarikat Kayu Wangi Berhad ("SKW" or "the Company")
- Monthly announcement of the status of the Company's plan to regularise its financial condition pursuant to the Practice Note 17 of Bursa Malaysia Securities Berhad Main Market Listing Requirements
Contents: Reference is made to the announcement dated 1 October 2010.
The Board of Directors of SKW wishes to inform that SKW is in the midst of revising its regularisation plan for submission to Securities Commission for approval. The details of the revised regularisation plan shall be announced in due course.
This announcement is dated 1 November 2010.
Company Name: SYARIKAT KAYU WANGI BERHAD
Stock Name: SKW
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Syarikat Kayu Wangi Berhad ("SKW" or "the Company")
- Monthly announcement of the status of the Company's plan to regularise its financial condition pursuant to the Practice Note 17 of Bursa Malaysia Securities Berhad Main Market Listing Requirements
Contents: Reference is made to the announcement dated 1 October 2010.
The Board of Directors of SKW wishes to inform that SKW is in the midst of revising its regularisation plan for submission to Securities Commission for approval. The details of the revised regularisation plan shall be announced in due course.
This announcement is dated 1 November 2010.
YTLCMT - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: YTL CEMENT BERHAD
Stock Name: YTLCMT
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: YTL CEMENT BERHAD ("YTL CEMENT" OR "COMPANY")
PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES SHARE OPTION SCHEME ("ESOS") FOR THE ELIGIBLE EMPLOYEES AND DIRECTORS OF YTL CEMENT AND/OR ITS ELIGIBLE SUBSIDIARIES ("PROPOSED ESOS")
Contents: We refer to the announcement dated 15 October 2010 in respect of the Proposed ESOS.
On behalf of YTL Cement, CIMB Investment Bank Berhad ("CIMB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has in its letter dated 29 October 2010 approved the listing of and quotation for such number of additional new ordinary shares of RM0.50 each ("Shares"), representing up to 15% of the issued and paid-up ordinary share capital (excluding treasury shares) of YTL Cement, to be issued upon the exercise of the options under the Proposed ESOS.
The approval of Bursa Securities is subject to the following conditions:
(i) CIMB submitting to Bursa Securities a confirmation of full compliance of the ESOS pursuant to Paragraph 6.43(1) of the Main Market Listing Requirements of Bursa Securities and stating the effective date of implementation, together with a certified true copy of the resolution passed by the Company's shareholders in a general meeting; and
(ii) YTL Cement to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed (upon the exercise of the options under the Proposed ESOS) as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 1 November 2010.
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: YTL CEMENT BERHAD
Stock Name: YTLCMT
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: YTL CEMENT BERHAD ("YTL CEMENT" OR "COMPANY")
PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES SHARE OPTION SCHEME ("ESOS") FOR THE ELIGIBLE EMPLOYEES AND DIRECTORS OF YTL CEMENT AND/OR ITS ELIGIBLE SUBSIDIARIES ("PROPOSED ESOS")
Contents: We refer to the announcement dated 15 October 2010 in respect of the Proposed ESOS.
On behalf of YTL Cement, CIMB Investment Bank Berhad ("CIMB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has in its letter dated 29 October 2010 approved the listing of and quotation for such number of additional new ordinary shares of RM0.50 each ("Shares"), representing up to 15% of the issued and paid-up ordinary share capital (excluding treasury shares) of YTL Cement, to be issued upon the exercise of the options under the Proposed ESOS.
The approval of Bursa Securities is subject to the following conditions:
(i) CIMB submitting to Bursa Securities a confirmation of full compliance of the ESOS pursuant to Paragraph 6.43(1) of the Main Market Listing Requirements of Bursa Securities and stating the effective date of implementation, together with a certified true copy of the resolution passed by the Company's shareholders in a general meeting; and
(ii) YTL Cement to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed (upon the exercise of the options under the Proposed ESOS) as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 1 November 2010.
LEWEKO - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: LEWEKO RESOURCES BERHAD
Stock Name: LEWEKO
Date Announced: 01/11/2010
Announcement Detail:
Date of change: 30/10/2010
Type of change: Resignation
Designation: Director
Directorate: Executive
Name: Chung Wai Choong
Age: 50
Nationality: Malaysian
Qualifications: Member of the Malaysian Institute of Certified Public Accountants ("MICPA") and Malaysian Institute of Accountants
Working experience and occupation: Mr. Chung Wai Choong is the Executive Director of Leweko Resources Berhad ["Leweko"]. He was articled with Hanafiah, Raslan & Mohamad (then also practising as Touche Ross & Co.). He joined Coopers & Lybrands, Singapore in 1987. In 1988, he retured to Malaysia to join Mustapha Law/Touche Ross & Co. Upon the merger of Mustapha Law/Touche Ross & Co. and Kassim Chan & Co./Deloitte Haskins & Sells in 1992, he was transferred to the merged firm's management consultancy arm as a senior manager. He commenced public practise in 1993 when he joined Sekhar & Tan as a principal. He retired from public practise in 2003 and in January, 2004, he joined Leweko as its General Manager (Corporate Finance). On 9 February 2004, he was appointed to the Board of Leweko. He has extensive experience in auditing and has also worked on special assignments involving corporate finance, corporate recovery, project management, systems review, corporate restucturing, mergers and acquisitions, and feasibility studies for multinational and large national enterprises. In addition, he also has vast knowledge in corporate secretarial matters and was the joint company secretary of Lingui and Glenealy from 1996 to early 2003. He has also previously served as a member of the MICPA's Auditing and Accounting Standards Committee.
Directorship of public companies (if any): None
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
Company Name: LEWEKO RESOURCES BERHAD
Stock Name: LEWEKO
Date Announced: 01/11/2010
Announcement Detail:
Date of change: 30/10/2010
Type of change: Resignation
Designation: Director
Directorate: Executive
Name: Chung Wai Choong
Age: 50
Nationality: Malaysian
Qualifications: Member of the Malaysian Institute of Certified Public Accountants ("MICPA") and Malaysian Institute of Accountants
Working experience and occupation: Mr. Chung Wai Choong is the Executive Director of Leweko Resources Berhad ["Leweko"]. He was articled with Hanafiah, Raslan & Mohamad (then also practising as Touche Ross & Co.). He joined Coopers & Lybrands, Singapore in 1987. In 1988, he retured to Malaysia to join Mustapha Law/Touche Ross & Co. Upon the merger of Mustapha Law/Touche Ross & Co. and Kassim Chan & Co./Deloitte Haskins & Sells in 1992, he was transferred to the merged firm's management consultancy arm as a senior manager. He commenced public practise in 1993 when he joined Sekhar & Tan as a principal. He retired from public practise in 2003 and in January, 2004, he joined Leweko as its General Manager (Corporate Finance). On 9 February 2004, he was appointed to the Board of Leweko. He has extensive experience in auditing and has also worked on special assignments involving corporate finance, corporate recovery, project management, systems review, corporate restucturing, mergers and acquisitions, and feasibility studies for multinational and large national enterprises. In addition, he also has vast knowledge in corporate secretarial matters and was the joint company secretary of Lingui and Glenealy from 1996 to early 2003. He has also previously served as a member of the MICPA's Auditing and Accounting Standards Committee.
Directorship of public companies (if any): None
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
BREM - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 01/11/2010
Announcement Detail:
Date of buy back from: 18/10/2010
Date of buy back to: 28/10/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 190,900
Minimum price paid for each share purchased ($$): 1.270
Maximum price paid for each share purchased ($$): 1.350
Total amount paid for shares purchased ($$): 249,505.29
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 190,900
Total number of shares retained in treasury (units): 4,677,600
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 01/11/2010
Lodged by: T & S SECRETARIAL SERVICES SDN. BHD.
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 01/11/2010
Announcement Detail:
Date of buy back from: 18/10/2010
Date of buy back to: 28/10/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 190,900
Minimum price paid for each share purchased ($$): 1.270
Maximum price paid for each share purchased ($$): 1.350
Total amount paid for shares purchased ($$): 249,505.29
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 190,900
Total number of shares retained in treasury (units): 4,677,600
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 01/11/2010
Lodged by: T & S SECRETARIAL SERVICES SDN. BHD.
BREM - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 01/11/2010
Announcement Detail:
Date of buy back: 01/11/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 9,500
Minimum price paid for each share purchased ($$): 1.280
Maximum price paid for each share purchased ($$): 1.300
Total consideration paid ($$): 12,288.00
Number of shares purchased retained in treasury (units): 9,500
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,698,100
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.37
Company Name: BREM HOLDING BERHAD
Stock Name: BREM
Date Announced: 01/11/2010
Announcement Detail:
Date of buy back: 01/11/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 9,500
Minimum price paid for each share purchased ($$): 1.280
Maximum price paid for each share purchased ($$): 1.300
Total consideration paid ($$): 12,288.00
Number of shares purchased retained in treasury (units): 9,500
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,698,100
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.37
WWTKH - General Announcement
Announcement Type: General Announcement
Company Name: WAWASAN TKH HOLDINGS BERHAD
Stock Name: WWTKH
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Dealing by Director in the securities of Wawasan TKH Holdings Berhad ("WWTKH" or "the Company") during closed period
Contents: The Chief Executive Officer/ Executive Director of WWTKH, Dato' Tan Boon Pun, has given notice of his dealing in the securities of the Company during closed period as follows :-
Company Name: WAWASAN TKH HOLDINGS BERHAD
Stock Name: WWTKH
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Dealing by Director in the securities of Wawasan TKH Holdings Berhad ("WWTKH" or "the Company") during closed period
Contents: The Chief Executive Officer/ Executive Director of WWTKH, Dato' Tan Boon Pun, has given notice of his dealing in the securities of the Company during closed period as follows :-
CEPAT - General Announcement
Announcement Type: General Announcement
Company Name: CEPATWAWASAN GROUP BERHAD
Stock Name: CEPAT
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Kuala Lumpur High Court Civil Suit No. D3-22-1168-2004 Cepatwawasan Group Berhad and Prolific Yield Sdn. Bhd. v Tengku Dato' Kamal Ibni Sultan Sir Abu Bakar and 17 others
Contents: Further to the announcement on 21 October 2010 regarding the Civil Suit No D3-22-1168-2004 by Cepatwawasan Group Berhad ("the Company") and its subsidiary, Prolific Yield Sdn. Bhd. against the following persons:
1. Tengku Dato' Kamal Ibni Sultan Sir Abu Bakar (NRIC: 611008-06-5021) - 1st Defendant;
2. Lt Kol Tengku Dato' Kamarul Zaman Ibni Sultan Sir Abu Bakar (NRIC: 621104-06-5135) - 2nd Defendant;
3. Kassim bin Mohamed Ali (NRIC: 570718-10-5915) - 3rd Defendant;
4. Abdul Rahim bin Sendiri (NRIC: 460708-06-5203) - 4th Defendant;
5. Opti Temasek Sdn. Bhd. (Company No. 650698-D) - 5th Defendant;
6. Yip Kum Wah (NRIC: 390923-08-5783) - 6th Defendant;
7. Lee Ah Lan (NRIC: 501002-05-5394) - 7th Defendant;
8. Sheikh Abdul Rahim bin Sheikh Hassan (NRIC: 681026-06-5133) - 8th Defendant;
9. Yip Fook Yian (NRIC: 701106-08-5557) - 9th Defendant;
10. Yip Chee Meng (NRIC: 690422-08-5771) - 10th Defendant;
11. Yip Ha @ Yip See Khow (NRIC: 2708621) - 11th Defendant;
12. Chew Poh Kong (also known as Paul Hew) (NRIC: 460810-08-5075) - 12th Defendant;
13. Hew Yen Fatt (also known as Patrick Hew) (NRIC: 550131-10-5555) - 13th Defendant;
14. Tan Sri Datuk Chai Kin Kong (NRIC: 590825-06-5179) - 14th Defendant;
15. Dato Chua Tiong Moon (NRIC: 590831-06-5179) - 15th Defendant;
16. Chai Kim Chong (NRIC: 620118-06-5035) - 16th Defendant;
17. Chai Woon Chet (also known as Eddie Chai) - 17th Defendant; and
18. Tan Kok Aun (NRIC: 580522-08-5907) - 18th Defendant,
for recovery of :-
? RM13 million which was wrongfully and fraudulently paid out by the former directors of Prolific Yield Sdn. Bhd. to Opti Temasek Sdn. Bhd. as advance; and
? RM3 million which was wrongfully and fraudulently paid to a Sheikh Abdul Rahim bin Sheikh Hassan (NRIC: 681026-06-5133) as advance with no interest and no fixed term of repayment,
the Board of Directors of the Company wishes to announce that the case management scheduled for 27 October 2010 proceeded as sheduled and amendments were carried out to the Draft Consent Order. The matter was fixed for further case management on 29 October 2010 and at that case management, all the solicitors on record for the Defendants approved the consent order. As such, the matter had been resolved by consent. The trial dates scheduled for 8 - 12 November 2010 has been vacated by the High Court as a result of the settlement.
Company Name: CEPATWAWASAN GROUP BERHAD
Stock Name: CEPAT
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Kuala Lumpur High Court Civil Suit No. D3-22-1168-2004 Cepatwawasan Group Berhad and Prolific Yield Sdn. Bhd. v Tengku Dato' Kamal Ibni Sultan Sir Abu Bakar and 17 others
Contents: Further to the announcement on 21 October 2010 regarding the Civil Suit No D3-22-1168-2004 by Cepatwawasan Group Berhad ("the Company") and its subsidiary, Prolific Yield Sdn. Bhd. against the following persons:
1. Tengku Dato' Kamal Ibni Sultan Sir Abu Bakar (NRIC: 611008-06-5021) - 1st Defendant;
2. Lt Kol Tengku Dato' Kamarul Zaman Ibni Sultan Sir Abu Bakar (NRIC: 621104-06-5135) - 2nd Defendant;
3. Kassim bin Mohamed Ali (NRIC: 570718-10-5915) - 3rd Defendant;
4. Abdul Rahim bin Sendiri (NRIC: 460708-06-5203) - 4th Defendant;
5. Opti Temasek Sdn. Bhd. (Company No. 650698-D) - 5th Defendant;
6. Yip Kum Wah (NRIC: 390923-08-5783) - 6th Defendant;
7. Lee Ah Lan (NRIC: 501002-05-5394) - 7th Defendant;
8. Sheikh Abdul Rahim bin Sheikh Hassan (NRIC: 681026-06-5133) - 8th Defendant;
9. Yip Fook Yian (NRIC: 701106-08-5557) - 9th Defendant;
10. Yip Chee Meng (NRIC: 690422-08-5771) - 10th Defendant;
11. Yip Ha @ Yip See Khow (NRIC: 2708621) - 11th Defendant;
12. Chew Poh Kong (also known as Paul Hew) (NRIC: 460810-08-5075) - 12th Defendant;
13. Hew Yen Fatt (also known as Patrick Hew) (NRIC: 550131-10-5555) - 13th Defendant;
14. Tan Sri Datuk Chai Kin Kong (NRIC: 590825-06-5179) - 14th Defendant;
15. Dato Chua Tiong Moon (NRIC: 590831-06-5179) - 15th Defendant;
16. Chai Kim Chong (NRIC: 620118-06-5035) - 16th Defendant;
17. Chai Woon Chet (also known as Eddie Chai) - 17th Defendant; and
18. Tan Kok Aun (NRIC: 580522-08-5907) - 18th Defendant,
for recovery of :-
? RM13 million which was wrongfully and fraudulently paid out by the former directors of Prolific Yield Sdn. Bhd. to Opti Temasek Sdn. Bhd. as advance; and
? RM3 million which was wrongfully and fraudulently paid to a Sheikh Abdul Rahim bin Sheikh Hassan (NRIC: 681026-06-5133) as advance with no interest and no fixed term of repayment,
the Board of Directors of the Company wishes to announce that the case management scheduled for 27 October 2010 proceeded as sheduled and amendments were carried out to the Draft Consent Order. The matter was fixed for further case management on 29 October 2010 and at that case management, all the solicitors on record for the Defendants approved the consent order. As such, the matter had been resolved by consent. The trial dates scheduled for 8 - 12 November 2010 has been vacated by the High Court as a result of the settlement.
FRB - Subscription of new shares in RAM Credit Information Sdn Bhd
Announcement Type: General Announcement
Company Name: FORMIS RESOURCES BERHAD
Stock Name: FRB
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Subscription of new shares in RAM Credit Information Sdn Bhd
Contents: The Board of Directors of Formis Resources Berhad ("the Company" and/or "FRB") wishes to announce that Formis e Solutions Sdn Bhd (formerly known as Man Yau Plastic Factory (Malaysia) Sdn Bhd), a wholly-owned subsidiary of Man Yau Holdings Berhad, which in turn is a wholly-owned subsidiary of FRB has on 1 November 2010, subscribe for 1,600,000 new ordinary shares of RM1.00 each in RAM Credit Information Sdn Bhd (formerly known as RAM-DP Information Services Sdn Bhd) ("RAMCI") for a total cash consideration of RM1,600,000.00 ("Subscription of Shares"), which is financed via internally generated funds.
Further details of the Subscription of Shares are attached below.
Attachments: Subscription of Shares - RAMCI.doc
Company Name: FORMIS RESOURCES BERHAD
Stock Name: FRB
Date Announced: 01/11/2010
Announcement Detail:
Type: Announcement
Subject: Subscription of new shares in RAM Credit Information Sdn Bhd
Contents: The Board of Directors of Formis Resources Berhad ("the Company" and/or "FRB") wishes to announce that Formis e Solutions Sdn Bhd (formerly known as Man Yau Plastic Factory (Malaysia) Sdn Bhd), a wholly-owned subsidiary of Man Yau Holdings Berhad, which in turn is a wholly-owned subsidiary of FRB has on 1 November 2010, subscribe for 1,600,000 new ordinary shares of RM1.00 each in RAM Credit Information Sdn Bhd (formerly known as RAM-DP Information Services Sdn Bhd) ("RAMCI") for a total cash consideration of RM1,600,000.00 ("Subscription of Shares"), which is financed via internally generated funds.
Further details of the Subscription of Shares are attached below.
Attachments: Subscription of Shares - RAMCI.doc
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