November 25, 2010

Company announcements: SMI, UMW, YTL, VERSATL, TIMECOM, STAREIT, XINQUAN

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

Announcement Type: Financial Results
Company Name: SOUTH MALAYSIA INDUSTRIES BERHAD
Stock Name: SMI
Date Announced: 25/11/2010

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)


UMW - General Announcement

Announcement Type: General Announcement
Company Name: UMW HOLDINGS BERHAD
Stock Name: UMW
Date Announced: 25/11/2010

Announcement Detail:
Type: Announcement

Subject: Dealings by Principal Officers of UMW Holdings Berhad ("UMW") outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Principal Officers of UMW had transacted in the securities of UMW, as set out in Tables 1 and 2 below.


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

Announcement Type: Financial Results
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 25/11/2010

Announcement Detail:
Financial Year End: 30/06/2011

Quarter: 1

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

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


YTL - General Announcement

Announcement Type: General Announcement
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 25/11/2010

Announcement Detail:
Type: Announcement

Subject: YTL CORPORATION BERHAD
- Provision of Financial Assistance pursuant to Paragraph 8.23(1)(ii) and Practice Note No. 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Pursuant to Paragraph 8.23(1)(ii) and Practice Note No. 11 of the Main Market Listing Requirements of Bursa Securities, the Board of Directors of YTL Corporation Berhad ("YTL Corp") wishes to announce the aggregate amount of financial assistance provided by its wholly-owned subsidiary, Construction Lease (M) Sdn Bhd, a money lending company, pursuant to its ordinary course of business as at 30 September 2010 set out in Table 1 below.

The provision of financial assistance as set out in Table 1 below had no significant impact to the net assets and earnings per share of YTL Corp Group for the current financial year.


VERSATL - General Announcement

Announcement Type: General Announcement
Company Name: VERSATILE CREATIVE BERHAD
Stock Name: VERSATL
Date Announced: 25/11/2010

Announcement Detail:
Type: Announcement

Subject: MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN VERSATILE CREATIVE BERHAD ("VCB" OR "THE COMPANY") AND QUANTUM PERSISTENT RESOURCES SDN BHD ("QPR")

Contents: MEMORANDUM OF UNDERSTANDING BETWEEN VERSATILE CREATIVE BERHAD AND QUANTUM PERSISTENT RESOURCES SDN BHD


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

Announcement Type: Financial Results
Company Name: VERSATILE CREATIVE BERHAD
Stock Name: VERSATL
Date Announced: 25/11/2010

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)


TIMECOM - TIME DOTCOM BERHAD ("Company") -Outstanding Related Party Receivables

Announcement Type: General Announcement
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 25/11/2010

Announcement Detail:
Type: Announcement

Subject: TIME DOTCOM BERHAD ("Company")
-Outstanding Related Party Receivables

Contents: With respect to Bursa Malaysia Securities Berhad's letter dated 25 May 2010 and our announcement dated 4 June 2010 and 24 August 2010 on the above matter, the Board of Directors of the Company wishes make a subsequent announcement on the status of the debts due to related party transactions (which have been outstanding for more than 12 months and which have not been fully settled as at the date of this announcement) as follows:-


(i) Total outstanding from related party receivables as at 30 September 2010, divided into debts for:-
(a) 1 year to 3 years;
(b) > 3 years to 5 years;
(c) > 5 years to 10 years; and
(d) > 10 years;

(ii) Steps taken or proposed to be taken by Company to recover the related party receivables; and

(iii) Expected timeframe to fully recover the related party receivables specified
in item (i)

The details of the aforesaid status of the debts due from related party transactions are set out in the attachment

Attachments: RPTSep10.pdf


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

Announcement Type: Financial Results
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 25/11/2010

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)


STAREIT - STARHILL REAL ESTATE INVESTMENT TRUST ("STARHILL REIT") - Outstanding Related Party Receivables

Announcement Type: General Announcement
Company Name: STARHILL REAL ESTATE INVESTMENT TRUST
Stock Name: STAREIT
Date Announced: 25/11/2010

Announcement Detail:
Type: Announcement

Subject: STARHILL REAL ESTATE INVESTMENT TRUST ("STARHILL REIT")
- Outstanding Related Party Receivables

Contents: The Board of Directors of Pintar Projek Sdn Bhd, the Manager of Starhill REIT, wishes to announce the following in relation to the outstanding related party receivables of Starhill REIT:-

(i) Total outstanding from related party trade receivables as at 30 September 2010 is detailed in the table below.

(ii) Step taken or proposed to be taken to recover the related party receivables

Reminders have been sent to the related parties.

(iii) Expected timeframe to recover the related party receivables

Pintar Projek Sdn Bhd, the Manager of Starhill REIT expects to fully recover the related party receivables on or before 31 December 2010.


XINQUAN - ACQUISITION OF LAND AND BUILDINGS BY A SUBSIDIARY

Announcement Type: General Announcement
Company Name: XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED
Stock Name: XINQUAN
Date Announced: 25/11/2010

Announcement Detail:
Type: Announcement

Subject: ACQUISITION OF LAND AND BUILDINGS BY A SUBSIDIARY

Contents: Further to the announcement on 24 November 2010 pertaining to the acquisition of land and buildings by a subsidiary of Xingquan International Sports Holdings Limited ("the Company"), the Company wishes to clarify that although the valuation of land and buildings done by valuer in total for land and buildings is RMB52.42 million, the Company after taking into consideration the following factors/considerations, agreed to purchase the said land and buildings for RMB63.0 million:

i. the valuation value as indicated in the valuation report was a guide value of the land and buildings as the valuation was done based on Land Price Coefficient Benchmark (Amendment) Act for the land use rights and replacement cost for the buildings, the value of the valuation report was a base value for negotiation with the vendor; and
ii. the land and buildings is where the Company/Group's current factory and office premises are located, the purchase of the land and buildings would save the Company/Group:

a. the costs for removal (if a new place was to be acquired);
b. cost of setting up a new factory; and
c. avoidance of down time arising from relocation.

Therefore, the purchase price of RMB63.0 million which was about 20% higher than the value of the valuation was considered fair and fully justifiable.



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