November 23, 2010

Company announcements: YTLLAND, YTL, AXIATA, ATLAN, SILVER, MAHSING, PENSONI

YTLLAND - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: YTL LAND & DEVELOPMENT BERHAD
Stock Name: YTLLAND
Date Announced: 23/11/2010

Announcement Detail:
Type: Announcement

Subject: YTL LAND & DEVELOPMENT BERHAD ("YTL LAND" OR "COMPANY")

(I) PROPOSED ACQUISITIONS AND THE SETTLEMENT OF OUTSTANDING INTER-COMPANY BALANCES;

(II) PROPOSED PROVISION OF FINANCIAL ASSISTANCE;

(III) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS; AND

(IV) PROPOSED SHARE PREMIUM REDUCTION

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

Contents: On behalf of the Board of Directors of YTL Land ("Board"), Maybank Investment Bank Berhad wishes to announce that the Board have resolved to undertake the Proposals.

Please refer to the attachments for further details on the Proposals.

This announcement is dated 23 November 2010.

Attachments: Announcement.pdf
Appendix.pdf


YTL - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 23/11/2010

Announcement Detail:
Type: Announcement

Subject: YTL CORPORATION BERHAD ("YTL CORP" OR "COMPANY")

(I) PROPOSED DISPOSALS AND THE SETTLEMENT OF OUTSTANDING INTER-COMPANY BALANCES; AND

(II) PROPOSED SUBSCRIPTION BY YTL CORP FOR ITS ENTITLEMENT TO THE IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS TO BE ISSUED BY YTL LAND & DEVELOPMENT BERHAD UNDER THE PROPOSED RIGHTS ISSUE OF ICULS (AS DEFINED HEREIN)

Contents: On behalf of the Board of Directors of YTL Corp ("Board"), Maybank Investment Bank Berhad wishes to announce that the Board have resolved to undertake the abovementioned proposals.

Please refer to the attachments for further details on the abovementioned proposals.


This announcement is dated 23 November 2010

Attachments: Announcement_Main (Final).pdf
Appendix (Final).pdf


AXIATA - AXIATA ANNOUNCES NEW DIRECTOR TO FURTHER STRENGTHEN DIVERSITY IN ITS BOARD LINE-UP

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: AXIATA GROUP BERHAD
Stock Name: AXIATA
Date Announced: 23/11/2010

Announcement Detail:
Type: Announcement

Subject: AXIATA ANNOUNCES NEW DIRECTOR TO FURTHER STRENGTHEN DIVERSITY IN ITS BOARD LINE-UP

Contents: We are pleased to provide hereunder the media release in relation to the above subject.

Attachments: Media Release-Appointment INED.pdf


ATLAN - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: ATLAN HOLDINGS BERHAD
Stock Name: ATLAN
Date Announced: 23/11/2010

Announcement Detail:
Type: Announcement

Subject: PROPOSED DISPOSAL OF SEVEN (7) PIECES OF LAND OWNED BY BLOSSOM TIME SDN BHD ("BTSB") AND RADIANT RANCH SDN BHD ("RRSB"), BOTH WHOLLY-OWNED SUBSIDIARIES OF ATLAN HOLDINGS BHD ("AHB"), MEASURING APPROXIMATELY 61.03 ACRES, TO UTARA MALAYA REALTY SDN BHD ("URSB") FOR A TOTAL CASH CONSIDERATION OF RM145 MILLION ("PROPOSED DISPOSAL")

Contents: The Company wishes to announce that BTSB and RRSB, both wholly-owned subsidiaries of AHB, have entered into two (2) separate Novation Agreements with Uptrend Housing Development Sdn Bhd ("Uptrend") to novate the rights and obligations of URSB under the BTSB SPA and RRSB SPA, respectively to Uptrend, subject to the terms and conditions contained in the Novation Agreements.

Please refer to the attachment for further details of the announcement.

This announcement is dated 23 November 2010.

Attachments: Atlan_Novation Agreement _final_.pdf


SILVER - General Announcement

Announcement Type: General Announcement
Company Name: SILVER BIRD GROUP BERHAD
Stock Name: SILVER
Date Announced: 23/11/2010

Announcement Detail:
Type: Announcement

Subject: SILVER BIRD GROUP BERHAD ("SBGB" or the "Company")
- Notification pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: The Company has on 22 November 2010 received notification from Mr Vanda Russell Gould of his intention to deal in the securities of the Company during closed period pending the announcement by the Company of its results for the fourth quarter ended 31 October 2010.

His interest in the securities of the Company as at 22 November 2010 is set out in the table below.


MAHSING - General Announcement

Announcement Type: General Announcement
Company Name: MAH SING GROUP BERHAD
Stock Name: MAHSING
Date Announced: 23/11/2010

Announcement Detail:
Type: Announcement

Subject: MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")

PROPOSED ACQUISITION OF 7 PARCELS OF CONTIGUOUS PRIME RESIDENTIAL FREEHOLD LAND IN BATU FERRINGHI, PENANG ISLAND MEASURING APPROXIMATELY 246,884 SQUARE METRES (61.03 ACRES) IN TOTAL AREA, THROUGH MAH SING'S WHOLLY-OWNED SUBSIDIARY, UPTREND HOUSING DEVELOPMENT SDN BHD FROM UTARA MALAYA REALTY SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM157,303,872 OR APPROXIMATELY RM59.17 PER SQUARE FOOT

Contents: The Board of Directors of Mah Sing ("Board") wishes to announce that its wholly-owned subsidiary, Uptrend Housing Development Sdn Bhd ("Uptrend Housing"), had on 23 November 2010, entered into the following agreements:

(a) a sale and purchase agreement ("SPA") with Utara Malaya Realty Sdn Bhd ("Vendor") for the proposed acquisition of 7 parcels of contiguous prime freehold residential land in Batu Ferringhi, Penang island measuring approximately 246,884 square metres (61.03 acres) in total, all in Mukim 17, Daerah Timur Laut, Tempat Batu Ferringhi, Negeri Pulau Pinang ("Land") for a total cash consideration of RM157,303,872 or approximately RM59.17 per square foot ("Proposed Acquisition");

(b) a novation agreement with Blossom Time Sdn Bhd ("Blossom Time"), the registered proprietor of Parcels 1 to 6 (as defined herein) and the Vendor for the purpose of novating to Uptrend Housing, the Vendor's rights and obligations contained in the sale and purchase agreement dated 19 November 2010 entered into between Blossom Time and the Vendor for the disposal of Parcels 1 to 6; and

(c) a novation agreement with Radiant Ranch Sdn Bhd ("Radiant Ranch"), the registered proprietor of Parcel 7 (as defined herein) and the Vendor for the purpose of novating to Uptrend Housing, the Vendor's rights and obligations (save and except the obligation of the Vendor to submit relevant CKHT 2A to the Inland Revenue Board within the stipulated time) contained in the sale and purchase agreement dated 19 November 2010 entered into between Radiant Ranch and the Vendor for the disposal of Parcel 7.

Please refer the attachement for the details of the Proposed Acquisition.

This announcement is dated 23 November 2010.

Attachments: Ferringhi Residence.pdf


MAHSING - General Announcement

Announcement Type: General Announcement
Company Name: MAH SING GROUP BERHAD
Stock Name: MAHSING
Date Announced: 23/11/2010

Announcement Detail:
Type: Announcement

Subject: MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")

PROPOSED ACQUISITION BY LEGEND GRAND DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING, OF 907 PARCELS OF RESIDENTIAL LAND IN KINRARA, SELANGOR DARUL EHSAN, WITH TOTAL NET AREA MEASURING APPROXIMATELY 51.38 ACRES FROM MEDAN DAMAI SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM178,396,136.15 ("PROPOSED ACQUISITION")

Contents: Further to our announcements on 9 July 2010, 3 September 2010, 22 September 2010, 8 October 2010 and 11 November 2010, the Board of Directors of Mah Sing wishes to announce that Legend Grand Development Sdn Bhd ("Legend Grand") had on 23 November 2010 exercised its right to waive the Consent to Charge, being the last conditions precedent pursuant to the Sale and Purchase Agreement dated 9 July 2010 ("SPA") entered into between Legend Grand and Medan Damai Sdn Bhd. With the said waiver, the SPA for the Proposed Acquisition has now become unconditional.

This announcement is dated 23 November 2010.


PENSONI - PENSONI-EXPIRY OF WARRANTS 2001/2011 ("WARRANTS")

Announcement Type: Listing Circular
Company Name: PENSONIC HOLDINGS BERHAD
Stock Name: PENSONI
Date Announced: 23/11/2010

Announcement Detail:
Subject: PENSONI-EXPIRY OF WARRANTS 2001/2011 ("WARRANTS")

Contents: Kindly be advised of the following:-

(i) PENSONI's Warrants will expire at 5.00 p.m., on Tuesday, 4 January 2011.

(ii) Trading in PENSONI's Warrants will be suspended with effect from 9.00 a.m., Monday, 20 December 2010.

(iii) PENSONI's Warrants will be removed from the Official List of Bursa Securities with effect from 9.00 a.m., Wednesday, 5 January 2011.

Your attention is drawn to PENSONI's notice to warrant holders dated 3 November 2010.



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