December 21, 2010

Company announcements: GHLSYS, EFORCE, SANICHI, MAYBANK, LIONDIV, OLYMPIA, MFCB, INSAS

GHLSYS - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: GHL SYSTEMS BERHAD
Stock Name: GHLSYS
Date Announced: 21/12/2010

Announcement Detail:
Date of change: 21/12/2010

Type of change: Resignation

Designation: Secretary

License no.: MIA 12596

Name: Chin Fook Kheong


EFORCE - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: EXCEL FORCE MSC BERHAD
Stock Name: EFORCE
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: EXCEL FORCE MSC BERHAD ("EFMB" OR "COMPANY")

TRANSFER OF THE LISTING AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF EFMB FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("TRANSFER LISTING")

Contents: (All the abbreviations used in this announcement are as defined in our previous announcements dated 14 June 2010, 25 June 2010, 25 November 2010, 3 December 2010, 8 December 2010 and 15 December 2010 ("Announcements"))

Reference is made to the Announcements stated above.

Pursuant thereto, Public Investment Bank Berhad, on behalf of the Board of Directors of EFMB, wishes to announce that the Transfer Listing has been completed today, 21 December 2010.

This announcement is dated 21 December 2010.


SANICHI - General Announcement

Announcement Type: General Announcement
Company Name: SANICHI TECHNOLOGY BERHAD (ACE Market)
Stock Name: SANICHI
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: Sanichi Technology Berhad ("Sanichi" or "the Company")
- Announcement pursuant to Guidance Note 5 ("GN5") of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Sanichi wishes to announce that the Company and its wholly-owned subsidiary namely Sanichi Precision Mould Sdn Bhd ("SPM") had on 20 December 2010 received Notices of Demand for default in payment of monthly instalments in respect of Hire Purchase Facility(ies) granted by RHB Bank Berhad ("RHB"). Please refer to Table A attached for further details on the Hire Purchase Facilities.

Further information required to be disclosed as per GN5 are as follows:

(a) Date of Default

10 December 2010.

(b) Reasons for the Default

Sanichi is unable to pay the monthly instalments as the Group is experiencing cash flow difficulties.

(c) Measures taken by Sanichi to address the Default

The Company is currently formulating a plan to restructure its debts and will renegotiate with RHB on the repayment terms.

(d) The legal implications of the Default including the extent of Sanichi's liability in respect of the obligations incurred under the agreements for the indebtedness

RHB may enforce legal proceedings on SPM and the Company (as the Corporate Guarantor).

(e) The business, financial and operational impact of the Default on Sanichi

Such a default may have an impact on the Group's business, financial and operational aspects but the Company is unable to quantify the impact at this point of time.

(f) In the event the Default is in respect of secured loan stocks or bonds, the lines of action available to the guarantors or security holders against Sanichi

Not applicable.

(g) In the event the Default is in respect of payments under a debenture, to specify whether the Default will empower the debenture holder to appoint a receiver or receiver and manager

Not applicable.

(h) Whether the Default constitutes an event of default under a different agreement for indebtedness (cross default) and the details for such other default, where applicable

Not applicable.

(i) Where the Default is in respect of a subsidiary or associated company, a confirmation as to whether the subsidiary or associated company is a major subsidiary or major associated company, as the case may be

SPM is a major subsidiary of the Company.

(j) Where the Default is in respect of a listed corporation, major subsidiary or major associated company, as the case may be, a statement as to whether the listed corporation is solvent ("Solvency Declaration"). In the event the listed issuer is solvent, a statement that the listed issuer undertakes to provide to the Exchange, the Solvency Declaration duly executed by its Board of Directors within 3 market days from this announcement. For this purpose, a listed corporation is regarded as being "solvent" if the majority directors have formed the opinion that the listed corporation will be able to pay all its debts as and when they fall due within a period of 12 months from the date of the announcement

The Company has submitted a Solvency Declaration to Bursa Malaysia Securities Berhad on 29 October 2010.

This announcement is dated 21 December 2010.

Attachments: Table A-RHB Bank Bhd - HP Default Schedule.pdf


MAYBANK - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: MALAYAN BANKING BERHAD
Stock Name: MAYBANK
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: MALAYAN BANKING BERHAD ("MAYBANK")

RECURRENT AND OPTIONAL DIVIDEND REINVESTMENT PLAN THAT ALLOWS SHAREHOLDERS OF MAYBANK TO REINVEST THEIR DIVIDEND IN NEW ORDINARY SHARE(S) OF RM1.00 EACH IN MAYBANK ("DIVIDEND REINVESTMENT PLAN")

Contents: We refer to the announcement dated 20 December 2010 in relation to the Dividend Reinvestment Plan.

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad is pleased to announce that Maybank has issued and allotted 244,257,623 new ordinary share of RM1.00 each in Maybank ("Maybank Share") on 20 December 2010 pursuant to the Dividend Reinvestment Plan which applies to the final dividend declared for the financial year ended 30 June 2010 by Maybank. The said new Maybank Shares are listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m., Tuesday, 21 December 2010.

With the listing of the said new Maybank Shares, the enlarged issued and paid-up share capital of Maybank is 7,322,240,391 Maybank Shares.

This announcement is dated 21 December 2010.


MAYBANK - General Announcement

Announcement Type: General Announcement
Company Name: MALAYAN BANKING BERHAD
Stock Name: MAYBANK
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealing by Directors and Principal Officers of Malayan Banking Berhad ("Maybank / the Company") in the Securities of the Company pursuant to Maybank's Dividend Reinvestment Plan ("DRP")

Contents: Pursuant to Chapter 14 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("BMSB"), Maybank wishes to disclose that the following Directors and Principal Officers of Maybank have engaged in dealings in securities of Maybank pursuant to Maybank's DRP, specifically on the closing date for the election of the DRP on 8 Dec 2010 and subsequently the listing of the new Maybank shares in the Main Market of BMSB on 21 December 2010:-


LIONDIV - NOTICE OF EXTRAORDINARY GENERAL MEETING

Announcement Type: General Announcement
Company Name: LION DIVERSIFIED HOLDINGS BERHAD
Stock Name: LIONDIV
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: NOTICE OF EXTRAORDINARY GENERAL MEETING

Contents: Notice is hereby given that an Extraordinary General Meeting of Lion Diversified Holdings Berhad will be held at the Meeting Hall, Level 16, Office Tower, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur on 10 January 2011 at 11.30 am, for the purpose of considering and, if thought fit, passing the Ordinary Resolutions as set out in the Notice of Meeting attached herewith.

Attachments: LDHB-Notice of EGM.pdf


OLYMPIA - General Announcement

Announcement Type: General Announcement
Company Name: OLYMPIA INDUSTRIES BERHAD
Stock Name: OLYMPIA
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: Olympia Industries Berhad ("OIB" or "the Company")
- Disposal of all fourteen (14) pieces of freehold land comprised under Lot Nos 1160 to Lot 1173, Geran Nos. 31854, 31855, 31950 to 31953, 31959 to 31964, 31966 and 31967 respectively in the Mukim of Padang Temu, District of Melaka Tengah, Melaka measuring in total of approximately 53.4550 acres by City Land Sdn Bhd, a wholly owned subsidiary of OIB

Contents: The Board of Directors of OIB wishes to announce that is wholly-owned subsidiary, City Land Sdn Bhd had entered into Sale and Purchase Agreements with Starwatt Engineering Sdn Bhd (Company No. 737072-T) having its registered office at No. 535B, Jalan Merdeka, Taman Melaka Raya, 75000 Melaka (hereinafter referred to as "the Purchaser"), for the disposal of all fourteen (14) pieces of freehold lands measuring approximately 53.4450 acres held under Lot Nos 1160 to Lot 1173, Geran Nos. 31854, 31855, 31950 to 31953, 31959 to 31964, 31966 and 31967 all situated in the Mukim of Padang Temu, District of Melaka Tengah, Melaka ("the said Lands") free from all encumbrances with vacant possession on a as-is-where-is basis and subject to the terms and conditions in the Agreements for a total cash consideration of RM42,000,000.00 (Ringgit Malaysia Forty-Two Million) only ("the proposed Disposal").

Details are as per attachment.

Attachments: OIB disposal211010.pdf


MFCB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MEGA FIRST CORPORATION BERHAD
Stock Name: MFCB
Date Announced: 21/12/2010

Announcement Detail:
Date of buy back: 21/12/2010

Description of shares purchased: Ordinary shares of MYR1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 10,000

Minimum price paid for each share purchased ($$): 1.710

Maximum price paid for each share purchased ($$): 1.720

Total consideration paid ($$): 17,276.05

Number of shares purchased retained in treasury (units): 10,000

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 13,611,600

Adjusted issued capital after cancellation (no. of shares) (units): 242,205,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.62

Remarks: This announcement is dated 21 December 2010.


INSAS - General Announcement

Announcement Type: General Announcement
Company Name: INSAS BERHAD
Stock Name: INSAS
Date Announced: 21/12/2010

Announcement Detail:
Type: Announcement

Subject: Insas Berhad ("Insas" or "the Company")
Commencement of Members' Voluntary Winding-Up of a Subsidiary of the Company

Contents: The Company wishes to announce that Contibina Sdn Bhd ("Contibina"), a 60% indirect subsidiary of Insas, has on 17 December 2010 commenced Members' Voluntary Winding-up pursuant to Section 254(1)(b) of the Companies Act 1965 ("the Act") and that Datin Yeoh Kwee See, a Director of Contibina has been appointed as Liquidator pursuant to Section 258(1) of the Act.

Contibina was incorporated on 29 August 1994 with an issued share capital of RM200,000 comprising 200,000 ordinary shares of RM1.00 each. Contibina is a 60% indirect subsidiary of Insas and the remaining 40% share is held by Taren Capital Corporation Sdn Bhd (In Members' Voluntary Liquidation) ("Taren").

The winding-up of Contibina was initiated as the Company has ceased business operations in year 1997 and had since remained dormant, and the Company has no intention to carry on business activities in the future.

The winding-up of Contibina is not expected to have any material effect on the earnings and net assets of the Group.

Dato' Thong Kok Khee, Executive Deputy Chairman/Chief Executive Officer and his brother, Dato' Thong Kok Yoon, both substantial shareholders of Insas, are deemed to be interested in the winding-up of Contibina by virtue of their indirect interest in Taren. Save for the above, none of the other Directors and substantial shareholders of Insas or persons connected with them has any interest, direct or indirect, in the winding-up of Contibina.

*Remarks:-

Contibina should be a 60% indirect subsidiary of Insas and the remaining 40% shares is held by Taren Capital Corporation Sdn Bhd instead of 70% indirect subsidiary of Insas and the remaining 30% share is held by Taren Capital Corporation Sdn Bhd (In Members' Voluntary Liquidation)("Taren") as stated in the earlier announcement.


INSAS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: INSAS BERHAD
Stock Name: INSAS
Date Announced: 21/12/2010

Announcement Detail:
Date of buy back: 21/12/2010

Description of shares purchased: Ordinary Shares

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 100,000

Minimum price paid for each share purchased ($$): 0.560

Maximum price paid for each share purchased ($$): 0.560

Total consideration paid ($$): 56,408.80

Number of shares purchased retained in treasury (units): 100,000

Cumulative net outstanding treasury shares as at to-date (units): 6,822,052

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.98



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