December 23, 2010

Company announcements: MPHB, SMI, UMLAND, UMW, TONGHER, MUTIARA, IBRACO, ICAP, SWEEJOO

MPHB - RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company Name: MULTI-PURPOSE HOLDINGS BERHAD
Stock Name: MPHB
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: RECURRENT RELATED PARTY TRANSACTIONS

Contents: The Board of Directors of Multi-Purpose Holdings Berhad ("MPHB") wishes to announce the recurrent related party transactions of revenue nature ("Recurrent Transactions") entered into by MPHB and/or its subsidiaries ("MPHB Group") during the period from 1 April 2009 to 30 September 2010("the Period").

These are transactions which are necessary for the day-to-day operations of the MPHB Group and are made in the ordinary course of business at arm's length and on normal commercial terms which are generally available to the public, on terms and conditions negotiated between the MPHB Group and the related parties. In either case, the transactions are not detrimental to the minority shareholders.

Attachments: MPHB-30.09.2010.pdf


SMI - General Announcement

Announcement Type: General Announcement
Company Name: SOUTH MALAYSIA INDUSTRIES BERHAD
Stock Name: SMI
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: SOUTH MALAYSIA INDUSTRIES BERHAD ("SMI")
MATURITY OF ZERO COUPON REDEEMABLE CONVERTIBLE SECURED LOAN STOCKS 2002/2010 ("RCSLS")

Contents: Further to our announcement dated 8 October 2010, 3 November 2010 and 22 November 2010 respectively in relation to the RCSLS, the Board of Director of SMI is pleased to announce that the RCSLS have matured today and will be delisted with effect from 9.00 a.m. on Friday, 24 December 2010.

Accordingly, pursuant to the Special Resolutions passed during the RCSLS holders' meeting convened on 3 November 2010, upon maturity of the RCSLS:

(i) SMI will carry out a partial cash redemption of RM35,765,313, representing RM37.00 for every RM100.00 RCSLS held based on the outstanding RCSLS of RM96,663,049 as at 16 December 2010 (Books Closure Date of RCSLS). The said partial cash redemption which will be effected on or before 31 December 2010, by way of cheque payment and will be delivered to the RCSLS holders whose names appear in the Record of Depositors on 16 December 2010;

(ii) The holders of the balance outstanding RCSLS of RM60,897,736 nominal value of RCSLS (after netting off the abovesaid partial cash redemption) shall be entitled for the remaining cash redemption of up to approximately RM22.47 million and the Stellar Route; and

(iii) Pursuant to the Stellar Route, the outstanding of approximately RM38.5million nominal value of RCSLS will be deemed fully settled via a set off, whereby SMI has relinquished its entire stake in Stellar Acres Sdn Bhd, a wholly-owned subsidiary of SMI ("Stellar") to My Premier Trustee (Malaysia) Berhad (a trust company which was identified and approved by the RCSLS holders) at a nominal consideration of RM1.00 only. Accordingly, Stellar has ceased to be a subsidiary of SMI.

This announcement is dated 23 December 2010


UMLAND - Press Release by United Malayan Land Bhd (the Company)

Announcement Type: General Announcement
Company Name: UNITED MALAYAN LAND BERHAD
Stock Name: UMLAND
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: Press Release by United Malayan Land Bhd (the Company)

Contents: We attach herewith a copy of the press release made by the Company on 23 December 2010.


Dated this 23 December 2010.

Attachments: News Release SPA UEML UMLand.pdf


UMLAND - General Announcement

Announcement Type: General Announcement
Company Name: UNITED MALAYAN LAND BERHAD
Stock Name: UMLAND
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: UNITED MALAYAN LAND BHD (UMLand or the Company)

? JOINT VENTURE AGREEMENT DATED 14 OCTOBER 2008 BETWEEN UEM LAND BERHAD (UEML), A WHOLLY-OWNED SUBSIDIARY OF UEM LAND HOLDINGS BERHAD AND UMLAND TO GOVERN A JOINT VENTURE COMPANY, NAMELY NUSAJAYA CONSOLIDATED SDN BHD (NCSB) AND SUPPLEMENTED BY SUPPLEMENTAL TO JOINT VENTURE AGREEMENT DATED 13 JULY 2009
(PROPOSED JOINT VENTURE)

? CALL OPTION AGREEMENT FOR NCSB TO PURCHASE TWO (2) PIECES OF LAND MEASURING IN AGGREGATE APPROXIMATELY 8.9 ACRES LOCATED IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR DARUL TA'ZIM (PUTERI HARBOUR LAND) IN AN OPTION TO PURCHASE AGREEMENT WITH BANDAR NUSAJAYA DEVELOPMENT SDN BHD (BNDSB) AND UEML DATED 14 OCTOBER 2008 AND SUPPLEMENTED BY SUPPLEMENTAL TO CALL OPTION AGREEMENT DATED 13 JULY 2009 (PROPOSED CALL OPTION)

? SALE AND PURCHASE AGREEMENT DATED 23 DECEMBER 2010 FOR THE ACQUISITION BY NCSB OF A PIECE OF FREEHOLD LAND MEASURING 291,769 SQUARE FEET (APPROXIMATELY 6.698 ACRES) HELD UNDER TITLE HSD 458139, PTD 166964, MUKIM OF PULAI, DAERAH JOHOR BAHRU, STATE OF JOHOR FROM BANDAR NUSAJAYA DEVELOPMENT SDN BHD AND UEML FOR A CASH CONSIDERATION OF RM49,600,730 (PROPOSED ACQUISITION)

(Collectively known as the Proposals)

Contents: Details of the announcement is as per attachment.


Dated this 23 December 2010.

Attachments: Ann Puteri Harbour.pdf


UMW - General Announcement

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

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 Table 1 below.


TONGHER - General Announcement

Announcement Type: General Announcement
Company Name: TONG HERR RESOURCES BERHAD
Stock Name: TONGHER
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities

Contents: Notification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities


MUTIARA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: MUTIARA GOODYEAR DEVELOPMENT BERHAD
Stock Name: MUTIARA
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: Dealings in shares of Mutiara Goodyear Development Berhad ("Mutiara" or "the Company") by Director outside closed period

Contents: Pursuant to Paragraph 14.09 (a) of the Main Market Llisting Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Mr Lim Beng Guan, a Director of Mutiara had informed the Company of the acquisition of ordinary shares in the Company, as follows:-

Direct Interest
1) Date of Dealing : 22 December 2010
2) Consideration of dealing : RM0.97 per share
3) Number of shares acquired : 6,000,000 ordinary shares of RM1.00 each
4) Percentage of issued and paid-up capital of Mutiara : 2.6%


IBRACO - General Announcement

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

Announcement Detail:
Type: Announcement

Subject: IBRACO BERHAD ("IBRACO" OR "THE COMPANY")
ANNOUNCEMENT ON RESOLUTIONS PASSED AT THE EXTRAORDINARY GENERAL MEETING ("EGM") HELD ON 23 DECEMBER 2010

Contents: The Board of Directors of IBRACO is pleased to announce that the Ordinary Resolutions pertaining to the Proposed Acquisition and Proposed Joint Development as set out in the Company's Notice of EGM dated 8 December 2010 were unanimously approved at the EGM duly convened and held today.


ICAP - ICAPITAL.BIZ BERHAD ("icapital.biz") - NET ASSET VALUE ("NAV") PER SHARE

Announcement Type: General Announcement
Company Name: ICAPITAL.BIZ BERHAD
Stock Name: ICAP
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: ICAPITAL.BIZ BERHAD ("icapital.biz")
- NET ASSET VALUE ("NAV") PER SHARE

Contents: On behalf of the Board of icapital.biz, we wish to announce that the NAV per share of icapital.biz as at 22 December 2010 was RM2.53.


SWEEJOO - General Announcement

Announcement Type: General Announcement
Company Name: SWEE JOO BERHAD
Stock Name: SWEEJOO
Date Announced: 23/12/2010

Announcement Detail:
Type: Announcement

Subject: SWEE JOO BERHAD
Notification from Principal Officer of Swee Joo Berhad of Dealing in the Securities of the Company Outside Closed Period

Contents: We wish to inform that Swee Joo Berhad has received a notification from a principal officer of the Company of his dealing in the Company's securities outside closed period as follows:



No comments:

Post a Comment