December 23, 2010

Company announcements: HALEX, SYSCORP, TEKALA, KASSETS, VS, PERMAJU, HUATLAI, DBE, BSLCORP

HALEX - Dealings by Director in the Securities of the Company Outside Closed Period

Announcement Type: General Announcement
Company Name: HALEX HOLDINGS BERHAD
Stock Name: HALEX
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealings by Director in the Securities of the Company Outside Closed Period

Contents: The following Director has given notice of his dealings in the Securities of the Company Outside Closed Period as follows:-


SYSCORP - 5th ANNUAL GENERAL MEETING

Announcement Type: General Announcement
Company Name: SHIN YANG SHIPPING CORPORATION BERHAD
Stock Name: SYSCORP
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: 5th ANNUAL GENERAL MEETING

Contents: The Board of Directors of Shin Yang Shipping Corporation Berhad ("SYSCORP") is pleased to inform that members have approved all the resolutions as set out in the Notice of Annual General meeting dated 2 December 2010 at the Company's 5th Annual General Meeting held on 23rd December 2010.

This announcement is dated 23rd December 2010.


TEKALA - 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: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 23/12/2010

Announcement Detail:
Date of buy back from: 13/12/2010

Date of buy back to: 20/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 55,100

Minimum price paid for each share purchased ($$): 0.730

Maximum price paid for each share purchased ($$): 0.740

Total amount paid for shares purchased ($$): 40,478.00

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 55,100

Total number of shares retained in treasury (units): 11,758,000

Number of shares purchased which were cancelled (units): 0

Date lodged with registrar of companies: 23/12/2010

Lodged by: Tekala Corporation Berhad


TEKALA - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 23/12/2010

Announcement Detail:
Date of buy back: 23/12/2010

Description of shares purchased: Ordinary Shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 15,000

Minimum price paid for each share purchased ($$): 0.735

Maximum price paid for each share purchased ($$): 0.735

Total consideration paid ($$): 11,025.00

Number of shares purchased retained in treasury (units): 15,000

Cumulative net outstanding treasury shares as at to-date (units): 11,773,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 7.70


KASSETS - General Announcement

Announcement Type: General Announcement
Company Name: KRISASSETS HOLDINGS BERHAD
Stock Name: KASSETS
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: KRISASSETS HOLDINGS BERHAD ("KrisAssets")
- FULL REDEMPTION OF RM200 MILLION NOMINAL VALUE OF 7-YEAR BANK-GUARANTEED BONDS ("BG BONDS")

Contents: With reference to the announcement dated 23 December 2005, the Board of Directors of KrisAssets wishes to announce that KrisAssets exercised a call option and fully redeemed the RM200 million BG Bonds on 23 December 2010 at nominal value ahead of the expected maturity date of 22 December 2012 in accordance with the Trust Deed dated 6 December 2005 relating to the BG Bonds ("Redemption").

The Redemption was financed by proceeds from exercise of detachable warrants issued together with the BG Bonds. The Redemption will not affect the present share capital and substantial shareholders' shareholdings of KrisAssets. The Redemption is also not expected to have a material effect on the consolidated net assets and earnings of KrisAssets Group for the financial year ending 31 December 2010. None of the Directors, substantial shareholders and/or persons connected to them has direct or indirect interest in the Redemption.

This announcement is dated 23 December 2010.


VS - General Announcement

Announcement Type: General Announcement
Company Name: V.S. INDUSTRY BERHAD
Stock Name: VS
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: SUBSCRIPTION OF UP TO 185,311,501 RIGHTS SHARES OF V.S. INTERNATIONAL GROUP LIMITED ("VSIGL") BY VSI PURSUANT TO THE RIGHTS ISSUE UNDERTAKEN BY VSIGL ("SUBSCRIPTION")

Contents: The Board of Directors of VSI ("Board") wishes to announce that VSIGL, the associate company of VSI and also a listed company on the Hong Kong Stock Exchange, had on 22 December 2010 announced that VSIGL is undertaking a rights issue of up to 297,672,000 new ordinary shares of HKD0.05 each in VSIGL ("Rights Shares") on the basis of one (1) Rights Share for every three (3) ordinary shares of HKD0.05 each in VSIGL ("VSIGL Shares") together with up to 148,836,000 new free detachable warrants ("Warrants") on the basis of one (1) Warrant for every two (2) Rights Shares subscribed ("Rights Issue").

As at 1 December 2010, VSIGL has 26,040,000 outstanding Employee Share Option Scheme ("ESOS") options. Each ESOS option carries the right to subscribe for one (1) new VSIGL Share during the three (3) years period of the ESOS expiring on 31 July 2013.

Based on the total issued and paid-up share capital of VSIGL as at 1 December 2010 of HKD43,348,800 comprising 866,976,000 VSIGL Shares and assuming full exercise of the ESOS options, the maximum number of new VSIGL Shares to be issued pursuant to the Rights Issue will be up to 297,672,000 VSIGL Shares. However, assuming there are no exercise of the ESOS options, the number of new VSIGL Shares to be issued pursuant to the Rights Issue will be 288,992,000 VSIGL Shares.

Following the Rights Issue, VSI has provided its irrevocable undertaking vide a letter dated 22 December 2010 to subscribe for its Rights Shares entitlement and excess Rights Shares.

Further details on the Subscription are set out in the attachment below.

Attachments: VSI Subscription .pdf


PERMAJU - 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: PERMAJU INDUSTRIES BERHAD
Stock Name: PERMAJU
Date Announced: 23/12/2010

Announcement Detail:
Date of buy back from: 14/12/2010

Date of buy back to: 16/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 119,000

Minimum price paid for each share purchased ($$): 0.380

Maximum price paid for each share purchased ($$): 0.395

Total amount paid for shares purchased ($$): 46,335.72

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 119,000

Total number of shares retained in treasury (units): 5,660,700

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 23/12/2010

Lodged by: Tricor Corporate Services Sdn Bhd


HUATLAI - 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: HUAT LAI RESOURCES BERHAD
Stock Name: HUATLAI
Date Announced: 23/12/2010

Announcement Detail:
Date of buy back from: 20/12/2010

Date of buy back to: 20/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 90,500

Minimum price paid for each share purchased ($$): 1.390

Maximum price paid for each share purchased ($$): 1.450

Total amount paid for shares purchased ($$): 129,404.22

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 90,500

Total number of shares retained in treasury (units): 8,460,200

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 22/12/2010

Lodged by: Huat Lai Resources Berhad


DBE - General Announcement

Announcement Type: General Announcement
Company Name: D.B.E. GURNEY RESOURCES BERHAD
Stock Name: DBE
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: NOTICE OF EXTRAORDINARY GENERAL MEETING IN RELATION TO THE:-

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED SHARE PREMIUM REDUCTION;
(III)PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED CAPITALISATION OF AMOUNTS DUE TO DIRECTOR;
(V) PROPOSED CREDITORS SETTLEMENT; AND
(VI) PROPOSED AMENDMENTS

Contents: The Board of Directors of D.B.E. Gurney Resources Berhad ("DBE") is pleased to announce that DBE will convene an Extraordinary General Meeting ("EGM") at Intan 1, The Orient Star Resort Lumut, Lot 203 & 366, Jalan Iskandar Shah, 32200 Lumut, Perak Darul Ridzuan on Monday, 17 January 2011, at 11.00 a.m. for the purpose of considering and, if thought fit, passing the resolutions to give effect to the abovementioned proposals.

The full text of the Notice of EGM is attached herewith for your kind attention.



This announcement is dated 23 December 2010.

Attachments: DBE Notice of EGM.pdf


BSLCORP - General Announcement

Announcement Type: General Announcement
Company Name: BSL CORPORATION BERHAD
Stock Name: BSLCORP
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: BSL Corporation Berhad (651118 K)
- Proposed Renewal of Share Buy-Back Authority
- Proposed Amendments to the Articles of Association of the Company

Contents: The Board of Directors of BSL Corporation Berhad ("the Company") wishes to announce that the Company proposes to seek the approval of its shareholders for the following proposals at the forthcoming Annual General Meeting:-

1) Proposed Renewal of Share Buy-Back Authority; and
2) Proposed Amendments to the Articles of Association of the Company.
(hereinafter collectively referred to as "the Proposals")

The Statement of Share Buy-Back and document containing details of the Proposals will be despatched to the Company's shareholders together with the Company's 2010 Annual Report in due course.

This announcement is dated 23 December, 2010.



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