HAISAN - General Announcement
Announcement Type: General Announcement
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN 1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")
Contents: Further to the announcements made on 1 November 2010 and 4 November 2010 pursuant to PN 1 of the Main Market Listing Requirement of Bursa Securities, the Board of Directors of HAISAN wishes to inform that there is no major development on the status of default in payment of principal and interests accrued as at the date of this announcement.
The Company shall make the appropriate announcement in due course.
This announcement is dated 1 December 2010.
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN 1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")
Contents: Further to the announcements made on 1 November 2010 and 4 November 2010 pursuant to PN 1 of the Main Market Listing Requirement of Bursa Securities, the Board of Directors of HAISAN wishes to inform that there is no major development on the status of default in payment of principal and interests accrued as at the date of this announcement.
The Company shall make the appropriate announcement in due course.
This announcement is dated 1 December 2010.
HAISAN - General Announcement
Announcement Type: General Announcement
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF THE COMPANY'S REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")
Contents: Further to the Company's monthly announcement dated 1 November 2010 on the status of the Company's regularisation plan pursuant to PN17 of the main market requirements of Bursa Securities, the Board of Directors of HAISAN wishes to announce that the Company and its scheme adviser, UHY Diong Advisory (KL) Sdn Bhd, are currently in the process of formulating the Proposed Debt Restructuring Scheme and Regularisation Plan to be submitted to the CDRC and shall announce further developments on the above matter as and when necessary.
The Company has approximately six (6) months to submit its Regularisation Plan to the relevant authorities for approval.
This announcement is dated 1 December 2010.
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- MONTHLY ANNOUNCEMENT ON THE STATUS OF THE COMPANY'S REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")
Contents: Further to the Company's monthly announcement dated 1 November 2010 on the status of the Company's regularisation plan pursuant to PN17 of the main market requirements of Bursa Securities, the Board of Directors of HAISAN wishes to announce that the Company and its scheme adviser, UHY Diong Advisory (KL) Sdn Bhd, are currently in the process of formulating the Proposed Debt Restructuring Scheme and Regularisation Plan to be submitted to the CDRC and shall announce further developments on the above matter as and when necessary.
The Company has approximately six (6) months to submit its Regularisation Plan to the relevant authorities for approval.
This announcement is dated 1 December 2010.
TOPGLOV - General Announcement
Announcement Type: General Announcement
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: TOP GLOVE CORPORATION BERHAD ("TOP GLOVE")
- FORMATION OF A NEW COMPANY, GREAT PLANTATIONS CO., LTD. (CAMBODIA) BY BEST ADVANCE RESOURCES LIMITED, A WHOLLY-OWNED SUB-SUBSIDIARY OF TOP GLOVE
Contents: The Board of Directors of TOP GLOVE wishes to announce that the wholly-owned sub-subsidiary of TOP GLOVE, namely Best Advance Resources Limited had on 26 November 2010, set up a Single Member Private Limited Company under the rules and regulations of Ministry of Commerce, civil of Kingdom of Cambodia called Great Plantations Co., Ltd., bearing the registered no. Co. 2367 E/2010, with a capital of 20,000,000 Riels which is equivalent to about USD5,000.
The Board of Directors is of the opinion that the new set up is in the best interest of TOP GLOVE.
This announcement is dated 1 December 2010.
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: TOP GLOVE CORPORATION BERHAD ("TOP GLOVE")
- FORMATION OF A NEW COMPANY, GREAT PLANTATIONS CO., LTD. (CAMBODIA) BY BEST ADVANCE RESOURCES LIMITED, A WHOLLY-OWNED SUB-SUBSIDIARY OF TOP GLOVE
Contents: The Board of Directors of TOP GLOVE wishes to announce that the wholly-owned sub-subsidiary of TOP GLOVE, namely Best Advance Resources Limited had on 26 November 2010, set up a Single Member Private Limited Company under the rules and regulations of Ministry of Commerce, civil of Kingdom of Cambodia called Great Plantations Co., Ltd., bearing the registered no. Co. 2367 E/2010, with a capital of 20,000,000 Riels which is equivalent to about USD5,000.
The Board of Directors is of the opinion that the new set up is in the best interest of TOP GLOVE.
This announcement is dated 1 December 2010.
ASTINO - Quarterly rpt on consolidated results for the financial period ended 31/10/2010
Announcement Type: Financial Results
Company Name: ASTINO BERHAD
Stock Name: ASTINO
Date Announced: 01/12/2010
Announcement Detail:
Financial Year End: 31/07/2011
Quarter: 1
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: ASTINO BERHAD
Stock Name: ASTINO
Date Announced: 01/12/2010
Announcement Detail:
Financial Year End: 31/07/2011
Quarter: 1
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
KNM - SHAREHOLDERS AGREEMENT WITH AVENG (AFRICA) LIMITED
Announcement Type: General Announcement
Company Name: KNM GROUP BERHAD
Stock Name: KNM
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: SHAREHOLDERS AGREEMENT WITH AVENG (AFRICA) LIMITED
Contents: 1. INTRODUCTION
The Board of Directors of KNM Group Berhad ("KNM" or "the Company") is pleased to announce that KNM International Sdn Bhd ("KNMI"), a wholly-owned subsidiary of the Company had on 1 December 2010 entered into a Shareholders Agreement ("Agreement") with Aveng (Africa) Limited ("AVENG") towards, inter-alia, the establishment of a joint-venture company to be known as KNM Grinaker-LTA (Proprietary) Limited ("JVCo") (or such other name as may be approved by the relevant authority in the Republic of South Africa ("RSA")) on 49.9% (KNMI) : 50.1% (AVENG) basis ("Joint Venture").
2. INFORMATION ON JVCO, AVENG AND KNMI
JVCo was incorporated on 28 April 2010 in the RSA with an authorised share capital of ZAR10,000 comprising 10,000 ordinary shares of ZAR1 each and issued share capital of ZAR1,000. Its registered address is at Block E, 204 Rivonia Road, Morningside, Sandton, RSA. JVCo is presently dormant but will be principally involved in fabrication of steel products. Upon completion, JVCo will be a 49.9% owned associated company of KNMI while the remaining 50.1% is owned by AVENG.
AVENG was incorporated on 7 August 1931 in RSA. Its registered address is at 204 Rivonia Road, Morningside, Sandton, 2057, P.O. Box 6062, Rivonia, 2128, RSA. AVENG is a multi-discipline construction and engineering group anchored in RSA and focused on infrastructure, energy and mining opportunities in RSA. Its current authorised share capital is ZAR40,000,000 comprising 40,000,000 ordinary shares of ZAR1 each whereas its issued share capital is ZAR28,260,580. AVENG is a 75% owned subsidiary of Aveng Limited, a South African registered company listed on the Johannesburg Stock Exchange, while the other 25% equity interest is owned by a TisoGroup led black economic empowerment consortium.
KNMI was incorporated on 10 May 2002 as a private limited company under the laws of Malaysia. Its registered address and principal place of business are at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor. Its authorised capital is RM5,000,000 divided into 4,700,000 ordinary shares of RM1.00 each and 300,000 Redeemable Preference Shares of RM1.00 each; and its issued and paid-up capital is RM1,000,000 divided into 1,000,000 ordinary shares of RM1.00 each. KNMI is a wholly-owned subsidiary of KNM and its principal activities are provision of management, technical advisory, licence and trademark services to international related companies and related international investments.
3. SALIENT TERMS OF THE AGREEMENT
(i) Pursuant to the Agreement, the JVCo shall inter alia, enter into a Management and Technology Licence Agreement with KNMI, whereby, KNMI shall grant the exclusive and non-transferrable licence right to JVCo ("the Licensed Know-How") in respect of the fabrication of certain identified KNM products ("Products").
(ii) KNMI shall manage JVCo and assign certain key management personnel to the JVCo, which costs shall be borne by the JVCo, for a period not exceeding five (5) years (unless otherwise agreed by the board of directors of the JVCo) to ensure the proper operations in relation to the technical specifications and quality of the Products manufactured.
(iii) The JVCo shall manufacture the Products in accordance with KNMI's Licensed Know-How and only in the identified factory, which shall at all times be located within the territory of RSA (and/or such other locations as may be agreed by the JVCo shareholders from time to time).
4. RATIONALE FOR THE JOINT VENTURE
The Joint Venture will enable KNM Group of companies ("the Group") to tap AVENG's strong marketing and networking relationships relevant to the Products with, amongst others, major clients in RSA and the government of RSA.
5. FINANCIAL EFFECTS OF THE JOINT VENTURE
5.1 Share Capital
The Joint Venture will not affect the share capital of KNM.
5.2 Earnings Per Share
The Joint Venture is not expected to have any material effect on the consolidated earnings of the Group for the financial year ending 31 December 2010.
5.3 Substantial Shareholders' Shareholdings
The Joint Venture will not affect the substantial shareholders' shareholdings in KNM.
5.4 Net Assets and Gearing
The Joint Venture is not expected to have any material effect on the consolidated net assets and gearing of the Group for the year ending 31 December 2010.
6. RISK FACTORS
The Joint Venture does not alter the risk profile of the Group. Risk factors affecting the Joint Venture include but are not limited to execution risks such as changes in general economic conditions including inflation, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions, government and statutory regulations and deterioration in prevailing market conditions.
Although the Group with its vast experience in oil and gas industries may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNM, KNMI and/or JVCo.
7. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS
None of the Directors, major shareholders, persons connected to the Directors and/or major shareholders of the Company has any interest, direct or indirect, in the Investment.
8. DIRECTORS' STATEMENT
Having considered all aspects of the Joint Venture, the Board of Directors is of the opinion that the Joint Venture is in the best interest of the Company.
9. CONDITION OF THE JOINT VENTURE
The Joint Venture is not subject to the approvals of any governmental authority and the shareholders of KNM.
10. DOCUMENTS FOR INSPECTION
Details of the Agreement are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays.
11. HIGHEST PERCENTAGE RATIO
The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad which applicable to the Joint Venture is 0.00001%.
This announcement is dated 1 December 2010.
Company Name: KNM GROUP BERHAD
Stock Name: KNM
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: SHAREHOLDERS AGREEMENT WITH AVENG (AFRICA) LIMITED
Contents: 1. INTRODUCTION
The Board of Directors of KNM Group Berhad ("KNM" or "the Company") is pleased to announce that KNM International Sdn Bhd ("KNMI"), a wholly-owned subsidiary of the Company had on 1 December 2010 entered into a Shareholders Agreement ("Agreement") with Aveng (Africa) Limited ("AVENG") towards, inter-alia, the establishment of a joint-venture company to be known as KNM Grinaker-LTA (Proprietary) Limited ("JVCo") (or such other name as may be approved by the relevant authority in the Republic of South Africa ("RSA")) on 49.9% (KNMI) : 50.1% (AVENG) basis ("Joint Venture").
2. INFORMATION ON JVCO, AVENG AND KNMI
JVCo was incorporated on 28 April 2010 in the RSA with an authorised share capital of ZAR10,000 comprising 10,000 ordinary shares of ZAR1 each and issued share capital of ZAR1,000. Its registered address is at Block E, 204 Rivonia Road, Morningside, Sandton, RSA. JVCo is presently dormant but will be principally involved in fabrication of steel products. Upon completion, JVCo will be a 49.9% owned associated company of KNMI while the remaining 50.1% is owned by AVENG.
AVENG was incorporated on 7 August 1931 in RSA. Its registered address is at 204 Rivonia Road, Morningside, Sandton, 2057, P.O. Box 6062, Rivonia, 2128, RSA. AVENG is a multi-discipline construction and engineering group anchored in RSA and focused on infrastructure, energy and mining opportunities in RSA. Its current authorised share capital is ZAR40,000,000 comprising 40,000,000 ordinary shares of ZAR1 each whereas its issued share capital is ZAR28,260,580. AVENG is a 75% owned subsidiary of Aveng Limited, a South African registered company listed on the Johannesburg Stock Exchange, while the other 25% equity interest is owned by a TisoGroup led black economic empowerment consortium.
KNMI was incorporated on 10 May 2002 as a private limited company under the laws of Malaysia. Its registered address and principal place of business are at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor. Its authorised capital is RM5,000,000 divided into 4,700,000 ordinary shares of RM1.00 each and 300,000 Redeemable Preference Shares of RM1.00 each; and its issued and paid-up capital is RM1,000,000 divided into 1,000,000 ordinary shares of RM1.00 each. KNMI is a wholly-owned subsidiary of KNM and its principal activities are provision of management, technical advisory, licence and trademark services to international related companies and related international investments.
3. SALIENT TERMS OF THE AGREEMENT
(i) Pursuant to the Agreement, the JVCo shall inter alia, enter into a Management and Technology Licence Agreement with KNMI, whereby, KNMI shall grant the exclusive and non-transferrable licence right to JVCo ("the Licensed Know-How") in respect of the fabrication of certain identified KNM products ("Products").
(ii) KNMI shall manage JVCo and assign certain key management personnel to the JVCo, which costs shall be borne by the JVCo, for a period not exceeding five (5) years (unless otherwise agreed by the board of directors of the JVCo) to ensure the proper operations in relation to the technical specifications and quality of the Products manufactured.
(iii) The JVCo shall manufacture the Products in accordance with KNMI's Licensed Know-How and only in the identified factory, which shall at all times be located within the territory of RSA (and/or such other locations as may be agreed by the JVCo shareholders from time to time).
4. RATIONALE FOR THE JOINT VENTURE
The Joint Venture will enable KNM Group of companies ("the Group") to tap AVENG's strong marketing and networking relationships relevant to the Products with, amongst others, major clients in RSA and the government of RSA.
5. FINANCIAL EFFECTS OF THE JOINT VENTURE
5.1 Share Capital
The Joint Venture will not affect the share capital of KNM.
5.2 Earnings Per Share
The Joint Venture is not expected to have any material effect on the consolidated earnings of the Group for the financial year ending 31 December 2010.
5.3 Substantial Shareholders' Shareholdings
The Joint Venture will not affect the substantial shareholders' shareholdings in KNM.
5.4 Net Assets and Gearing
The Joint Venture is not expected to have any material effect on the consolidated net assets and gearing of the Group for the year ending 31 December 2010.
6. RISK FACTORS
The Joint Venture does not alter the risk profile of the Group. Risk factors affecting the Joint Venture include but are not limited to execution risks such as changes in general economic conditions including inflation, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions, government and statutory regulations and deterioration in prevailing market conditions.
Although the Group with its vast experience in oil and gas industries may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNM, KNMI and/or JVCo.
7. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS
None of the Directors, major shareholders, persons connected to the Directors and/or major shareholders of the Company has any interest, direct or indirect, in the Investment.
8. DIRECTORS' STATEMENT
Having considered all aspects of the Joint Venture, the Board of Directors is of the opinion that the Joint Venture is in the best interest of the Company.
9. CONDITION OF THE JOINT VENTURE
The Joint Venture is not subject to the approvals of any governmental authority and the shareholders of KNM.
10. DOCUMENTS FOR INSPECTION
Details of the Agreement are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays.
11. HIGHEST PERCENTAGE RATIO
The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad which applicable to the Joint Venture is 0.00001%.
This announcement is dated 1 December 2010.
LCL - General Announcement
Announcement Type: General Announcement
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: LCL CORPORATION BERHAD ("LCL" 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
Contents: Pursuant to the monthly announcement on the status of Default in Payment pursuant to PN1, the Board of Directors of LCL wishes to inform that there is no major development on the status of default save and except for the announcements made todate.
This announcement is dated 1 December 2010.
Company Name: LCL CORPORATION BERHAD
Stock Name: LCL
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: LCL CORPORATION BERHAD ("LCL" 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
Contents: Pursuant to the monthly announcement on the status of Default in Payment pursuant to PN1, the Board of Directors of LCL wishes to inform that there is no major development on the status of default save and except for the announcements made todate.
This announcement is dated 1 December 2010.
GOODWAY - General Announcement
Announcement Type: General Announcement
Company Name: GOODWAY INTEGRATED INDUSTRIES BERHAD
Stock Name: GOODWAY
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: TECHNICAL PARTNERSHIP AGREEMENT BETWEEN GOODWAY RUBBER INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GOODWAY WITH EMIRATES GENERAL TRANSPORT AND SERVICES CORPORATION
Contents: The Board of Directors of Goodway Integrated Industries Berhad ("Goodway" or the "Company") is pleased to announce that the Company had via its wholly-owned subsidiary namely, Goodway Rubber Industries Sdn Bhd ("GRI") entered into a Technical Partnership Agreement ("TPA") with EGT on 28 November 2010.
Established in 1981, EGT is a corporation fully owned by the United Arab Emirates Federal Government which is principally involved in the transportation business and owns fleet exceeding 9,000 vehicles.
Under the TPA, GRI shall provide Supercool Business Solutions encompassing the provision of technical support and consultancy in connection with tyre retreading including the provision of training and technical know-how as well as the supply of equipment, machinery and services worth RM2 million. Further, the TPA also enables GRI to supply its retread products to EGT over the contractual period of two (2) years.
It is envisaged that the partnership shall contribute positively to the Group's financial performance.
None of the Company's directors and/or major shareholders of or persons connected to them has any direct or indirect interest in the abovementioned transaction.
This announcement is dated 1 December 2010.
Company Name: GOODWAY INTEGRATED INDUSTRIES BERHAD
Stock Name: GOODWAY
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: TECHNICAL PARTNERSHIP AGREEMENT BETWEEN GOODWAY RUBBER INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GOODWAY WITH EMIRATES GENERAL TRANSPORT AND SERVICES CORPORATION
Contents: The Board of Directors of Goodway Integrated Industries Berhad ("Goodway" or the "Company") is pleased to announce that the Company had via its wholly-owned subsidiary namely, Goodway Rubber Industries Sdn Bhd ("GRI") entered into a Technical Partnership Agreement ("TPA") with EGT on 28 November 2010.
Established in 1981, EGT is a corporation fully owned by the United Arab Emirates Federal Government which is principally involved in the transportation business and owns fleet exceeding 9,000 vehicles.
Under the TPA, GRI shall provide Supercool Business Solutions encompassing the provision of technical support and consultancy in connection with tyre retreading including the provision of training and technical know-how as well as the supply of equipment, machinery and services worth RM2 million. Further, the TPA also enables GRI to supply its retread products to EGT over the contractual period of two (2) years.
It is envisaged that the partnership shall contribute positively to the Group's financial performance.
None of the Company's directors and/or major shareholders of or persons connected to them has any direct or indirect interest in the abovementioned transaction.
This announcement is dated 1 December 2010.
LIMAHSN - General Announcement
Announcement Type: General Announcement
Company Name: LIMAHSOON BERHAD
Stock Name: LIMAHSN
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: LIMAHSOON BERHAD ("LIMAHSN" or "the Company")(Receiver & Manager Appointed)
- Monthly announcement pursuant to Practice Note 17 ("PN17") of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities")
Contents: We refer to LIMAHSN's First Announcement made on 30 December 2009 pursuant to PN17 and its subsequent monthly announcements pursuant to Paragraph 4.4 of PN17 of the MMLR of Bursa Securities.
LIMAHSN wishes to inform that due to recent announcements made by the Company on the appointment of Receiver & Manager, the discontinuance of NSK Group of Companies as the proposed White Knight and the termination of its admission by the Corporate Debt Restructuring Committee, the Company is unable to continue with its proposed Regularisation Plan.
The Company has another month to submit its Regularisation Plan to the relevant authorities for approval.
This announcement is dated 1 December 2010.
Company Name: LIMAHSOON BERHAD
Stock Name: LIMAHSN
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: LIMAHSOON BERHAD ("LIMAHSN" or "the Company")(Receiver & Manager Appointed)
- Monthly announcement pursuant to Practice Note 17 ("PN17") of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities")
Contents: We refer to LIMAHSN's First Announcement made on 30 December 2009 pursuant to PN17 and its subsequent monthly announcements pursuant to Paragraph 4.4 of PN17 of the MMLR of Bursa Securities.
LIMAHSN wishes to inform that due to recent announcements made by the Company on the appointment of Receiver & Manager, the discontinuance of NSK Group of Companies as the proposed White Knight and the termination of its admission by the Corporate Debt Restructuring Committee, the Company is unable to continue with its proposed Regularisation Plan.
The Company has another month to submit its Regularisation Plan to the relevant authorities for approval.
This announcement is dated 1 December 2010.
SUCCESS - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 01/12/2010
Announcement Detail:
Date of buy back: 01/12/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 15,000
Minimum price paid for each share purchased ($$): 1.130
Maximum price paid for each share purchased ($$): 1.140
Total consideration paid ($$): 16,972.50
Number of shares purchased retained in treasury (units): 15,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 7,269,900
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 6.06
Company Name: SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name: SUCCESS
Date Announced: 01/12/2010
Announcement Detail:
Date of buy back: 01/12/2010
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 15,000
Minimum price paid for each share purchased ($$): 1.130
Maximum price paid for each share purchased ($$): 1.140
Total consideration paid ($$): 16,972.50
Number of shares purchased retained in treasury (units): 15,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 7,269,900
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 (%): 6.06
HOVID - General Announcement
Announcement Type: General Announcement
Company Name: HOVID BERHAD
Stock Name: HOVID
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: HOVID BERHAD ("Hovid" or "the Company")
- Monthly announcement pursuant to Practice Note 17 ("PN17") of the Bursa Malaysia Securities Berhad Main Market Listing Requirements ("MMLR")
Contents: With reference to the First Announcement made by Hovid on 29 October 2010, pertaining to paragraph 2.1(d) of PN17 of MMLR, the Board of Directors of the Company wishes to inform that the Company has been in discussions with external consultants and Bursa Malaysia Securities Berhad with a view to addressing the regularisation plan. Appropriate announcements on the regularisation plan shall be announced by the Company in due course.
The Company has approximately another eleven (11) months to submit its Regularisation Plan to the relevant authorities for approval.
(This announcement is dated 1 December 2010.)
Company Name: HOVID BERHAD
Stock Name: HOVID
Date Announced: 01/12/2010
Announcement Detail:
Type: Announcement
Subject: HOVID BERHAD ("Hovid" or "the Company")
- Monthly announcement pursuant to Practice Note 17 ("PN17") of the Bursa Malaysia Securities Berhad Main Market Listing Requirements ("MMLR")
Contents: With reference to the First Announcement made by Hovid on 29 October 2010, pertaining to paragraph 2.1(d) of PN17 of MMLR, the Board of Directors of the Company wishes to inform that the Company has been in discussions with external consultants and Bursa Malaysia Securities Berhad with a view to addressing the regularisation plan. Appropriate announcements on the regularisation plan shall be announced by the Company in due course.
The Company has approximately another eleven (11) months to submit its Regularisation Plan to the relevant authorities for approval.
(This announcement is dated 1 December 2010.)
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