MTOUCHE - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MTOUCHE TECHNOLOGY BERHAD (ACE Market)
Stock Name: MTOUCHE
Date Announced: 27/12/2010
Announcement Detail:
Date of buy back: 27/12/2010
Description of shares purchased: Ordinary shares of RM0.10 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 135,000
Minimum price paid for each share purchased ($$): 0.245
Maximum price paid for each share purchased ($$): 0.250
Total consideration paid ($$): 33,942.29
Number of shares purchased retained in treasury (units): 135,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 10,837,900
Adjusted issued capital after cancellation (no. of shares) (units): 242,828,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.46
Company Name: MTOUCHE TECHNOLOGY BERHAD (ACE Market)
Stock Name: MTOUCHE
Date Announced: 27/12/2010
Announcement Detail:
Date of buy back: 27/12/2010
Description of shares purchased: Ordinary shares of RM0.10 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 135,000
Minimum price paid for each share purchased ($$): 0.245
Maximum price paid for each share purchased ($$): 0.250
Total consideration paid ($$): 33,942.29
Number of shares purchased retained in treasury (units): 135,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 10,837,900
Adjusted issued capital after cancellation (no. of shares) (units): 242,828,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.46
MRCB - General Announcement
Announcement Type: General Announcement
Company Name: MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name: MRCB
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" or "the Company")
- Writ of Summon and Statement of Claim Served to its wholly-owned subsidiary, Superview Development Sdn Bhd
Contents: Malaysian Resources Corporation Berhad wishes to announce that its wholly-owned subsidiary, Superview Development Sdn Bhd ("Superview") has been served with 1 Writ of Summon and Statement of Claim dated 22 December 2010 from Messrs Affendi Zahari, the Solicitors representing 4 plaintiffs which were affected by the landslide incident at Bukit Antarabangsa on 6 December 2008. The total claim amounts to RM3.226 million. The amount of claims does not have any material effect to the financial position and will not have any operational impact on MRCB Group.
Superview is disputing the claims and has instructed its solicitors to file its defence to the claims.
Further information is as follows:
1. The Summons were received by Superview on 27 December 2010;
2. The rate of interest claimed is not mentioned in the summons;
3. Superview is not a major subsidiary of the Company;
4. The total cost of investment in Superview is about RM36.6 million which have been fully provided for;
5. At this initial stage, the Company does not expect to incur any losses arising from the summons;
6. Hearing dates have been fixed 18 January 2011. Superview has to file its appearance by 3 January 2011.
c.c. Securities Commission
Company Name: MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name: MRCB
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" or "the Company")
- Writ of Summon and Statement of Claim Served to its wholly-owned subsidiary, Superview Development Sdn Bhd
Contents: Malaysian Resources Corporation Berhad wishes to announce that its wholly-owned subsidiary, Superview Development Sdn Bhd ("Superview") has been served with 1 Writ of Summon and Statement of Claim dated 22 December 2010 from Messrs Affendi Zahari, the Solicitors representing 4 plaintiffs which were affected by the landslide incident at Bukit Antarabangsa on 6 December 2008. The total claim amounts to RM3.226 million. The amount of claims does not have any material effect to the financial position and will not have any operational impact on MRCB Group.
Superview is disputing the claims and has instructed its solicitors to file its defence to the claims.
Further information is as follows:
1. The Summons were received by Superview on 27 December 2010;
2. The rate of interest claimed is not mentioned in the summons;
3. Superview is not a major subsidiary of the Company;
4. The total cost of investment in Superview is about RM36.6 million which have been fully provided for;
5. At this initial stage, the Company does not expect to incur any losses arising from the summons;
6. Hearing dates have been fixed 18 January 2011. Superview has to file its appearance by 3 January 2011.
c.c. Securities Commission
MMCCORP - CESSATION OF TIMAH DERMAWAN SDN. BHD. AS A SUBSIDIARY OF MMC CORPORATION BERHAD ("MMC")
Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: MMC CORPORATION BERHAD
Stock Name: MMCCORP
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: CESSATION OF TIMAH DERMAWAN SDN. BHD. AS A SUBSIDIARY OF MMC CORPORATION BERHAD ("MMC")
Contents: Pursuant to Chapter 9.19 (24) of the Bursa Malaysia Securities Berhad's Main Market Listing Requirements, MMC wishes to announce that Timah Dermawan Sdn. Bhd. ("TDSB") has today ceased to be its 51.8% owned subsidiary, following the disposal of its entire equity interest in TDSB ("Disposal").
TDSB has been dormant following the winding down of its tin dredging operations and has not carried out any mining operations or other forms of business since 1 January 2007. The Disposal of TDSB as a subsidiary of MMC is in line with MMC Group's strategy of rationalizing its portfolio by disposing non-core assets.
None of the substantial shareholders and/or Directors of MMC and/or persons connected with them have any interest, direct or indirect, in the Disposal.
This announcement is dated 27 December 2010.
Submitting Merchant Bank: N/A
Company Name: MMC CORPORATION BERHAD
Stock Name: MMCCORP
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: CESSATION OF TIMAH DERMAWAN SDN. BHD. AS A SUBSIDIARY OF MMC CORPORATION BERHAD ("MMC")
Contents: Pursuant to Chapter 9.19 (24) of the Bursa Malaysia Securities Berhad's Main Market Listing Requirements, MMC wishes to announce that Timah Dermawan Sdn. Bhd. ("TDSB") has today ceased to be its 51.8% owned subsidiary, following the disposal of its entire equity interest in TDSB ("Disposal").
TDSB has been dormant following the winding down of its tin dredging operations and has not carried out any mining operations or other forms of business since 1 January 2007. The Disposal of TDSB as a subsidiary of MMC is in line with MMC Group's strategy of rationalizing its portfolio by disposing non-core assets.
None of the substantial shareholders and/or Directors of MMC and/or persons connected with them have any interest, direct or indirect, in the Disposal.
This announcement is dated 27 December 2010.
ZELAN - General Announcement
Announcement Type: General Announcement
Company Name: ZELAN BERHAD
Stock Name: ZELAN
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 570,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
Contents: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 570,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
The Shareholders of the Company, at the Extraordinary General Meeting held on 7 September 2010, had approved the proposed disposal of 30.0 million shares in IJM Corporation Berhad ("IJM"). Pursuant to Paragraph 10.06 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), ZB wishes to announce that it had, on 23 December 2010 and 24 December 2010, further disposed a total of 570,000 ordinary shares of RM1.00 each in IJM (the "Sale Shares") in the open market at an average disposal price of RM6.44 per share for a total consideration of RM3,669,677.63 (the "Disposal").
Company Name: ZELAN BERHAD
Stock Name: ZELAN
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 570,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
Contents: ZELAN BERHAD ("ZB" or the "Company")
DISPOSAL OF 570,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
The Shareholders of the Company, at the Extraordinary General Meeting held on 7 September 2010, had approved the proposed disposal of 30.0 million shares in IJM Corporation Berhad ("IJM"). Pursuant to Paragraph 10.06 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), ZB wishes to announce that it had, on 23 December 2010 and 24 December 2010, further disposed a total of 570,000 ordinary shares of RM1.00 each in IJM (the "Sale Shares") in the open market at an average disposal price of RM6.44 per share for a total consideration of RM3,669,677.63 (the "Disposal").
BJCORP - DIRECTORS' DEALINGS IN SECURITIES DURING CLOSED PERIOD
Announcement Type: General Announcement
Company Name: BERJAYA CORPORATION BERHAD
Stock Name: BJCORP
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: DIRECTORS' DEALINGS IN SECURITIES DURING CLOSED PERIOD
Contents: Further to our announcement dated 30 November 2010 on the above and pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to directors' dealings in securities of a listed issuer during the closed period, we wish to inform that Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Chairman/Chief Executive Officer of Berjaya Corporation Berhad ("BCorp"), is deemed to have purchased the securities in BCorp, namely, the 0% Irredeemable Convertible Unsecured Loan Stocks 2005/2015 of RM0.50 nominal amount each ("ICULS") as set out in Table A below.
Company Name: BERJAYA CORPORATION BERHAD
Stock Name: BJCORP
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: DIRECTORS' DEALINGS IN SECURITIES DURING CLOSED PERIOD
Contents: Further to our announcement dated 30 November 2010 on the above and pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to directors' dealings in securities of a listed issuer during the closed period, we wish to inform that Tan Sri Dato' Seri Vincent Tan Chee Yioun, the Chairman/Chief Executive Officer of Berjaya Corporation Berhad ("BCorp"), is deemed to have purchased the securities in BCorp, namely, the 0% Irredeemable Convertible Unsecured Loan Stocks 2005/2015 of RM0.50 nominal amount each ("ICULS") as set out in Table A below.
E&O - General Announcement
Announcement Type: General Announcement
Company Name: EASTERN & ORIENTAL BERHAD
Stock Name: E&O
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: Eastern & Oriental Berhad ("E&O")
Directors' Disclosure of Dealing in Securities Outside Closed Period
Contents: We wish to inform that Kok Meng Chow, the Finance Director of E&O has given notice of her dealings in the Company's securities as set out below:-
Company Name: EASTERN & ORIENTAL BERHAD
Stock Name: E&O
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: Eastern & Oriental Berhad ("E&O")
Directors' Disclosure of Dealing in Securities Outside Closed Period
Contents: We wish to inform that Kok Meng Chow, the Finance Director of E&O has given notice of her dealings in the Company's securities as set out below:-
ECOFIRS - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: ECOFIRST CONSOLIDATED BHD
Stock Name: ECOFIRS
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED DEALINGS IN SECURITIES OF ECOFIRST CONSOLIDATED BHD ("ECB" or "the Company") DURING CLOSED PERIOD
Contents: The Company has received notifications from the following Directors and Alternate Director of the Company in relation to their intention to deal in the securities of ECB during the closed period of ECB pending the announcement of ECB's second quarterly results for the period ended 30 November 2010.
The details of their current shareholdings in ECB are disclosed in the table below.
This announcement is dated 27 December 2010
Submitting Merchant Bank: -
Company Name: ECOFIRST CONSOLIDATED BHD
Stock Name: ECOFIRS
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED DEALINGS IN SECURITIES OF ECOFIRST CONSOLIDATED BHD ("ECB" or "the Company") DURING CLOSED PERIOD
Contents: The Company has received notifications from the following Directors and Alternate Director of the Company in relation to their intention to deal in the securities of ECB during the closed period of ECB pending the announcement of ECB's second quarterly results for the period ended 30 November 2010.
The details of their current shareholdings in ECB are disclosed in the table below.
This announcement is dated 27 December 2010
LIONCOR - QUARTERLY STATUS ANNOUNCEMENT ON PUBLIC SHAREHOLDING SPREAD REQUIREMENT
Announcement Type: General Announcement
Company Name: LION CORPORATION BERHAD
Stock Name: LIONCOR
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: QUARTERLY STATUS ANNOUNCEMENT ON PUBLIC SHAREHOLDING SPREAD REQUIREMENT
Contents: We refer to the announcements dated 6 March 2009, 30 April 2009, 28 August 2009, 5 October 2009, 25 February 2010, 18 March 2010, 30 August 2010 and 15 September 2010 in respect of the public shareholding spread of Lion Corporation Berhad ("LCB or the "Company") ("Announcements"). Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcements.
On 7 September 2010, Bursa Malaysia Securities Berhad ("Bursa Securities") approved LCB's application for an extension of time of six (6) months to 28 February 2011 ("Extension Period") to meet the acceptable level of a lower public shareholding spread of 20% ("Approved Lower Public Shareholding Spread").
The Board of Directors of LCB ("Board") hereby announce that the Company has yet to meet the Approved Lower Public Shareholding Spread. Nevertheless, LCB's public shareholding spread as at 24 November 2010, has increased by 1.69% to 18.35% as compared to 16.66% as at 30 June 2010.
The Company shall endeavour to increase the public shareholding spread of LCB to the Acceptable Level of Lower Public Shareholding Spread within the Extension Period and in this regard, the Company will explore such possible options which may include strategic disposals, placements and/or offers for sale ("Possible Options"). The implementation of such Possible Options shall, however, be dependent on the then prevailing economic and stock market conditions.
In addition to the Possible Options, the exercise/conversion of, the redeemable convertible secured loan stocks issued by LCB, the warrants issued by LCB pursuant to the ACB Offer and the warrants to be issued pursuant to the Proposed Rights Issue of Warrants by the respective holders in the future, would also increase the public shareholding spread of LCB.
Company Name: LION CORPORATION BERHAD
Stock Name: LIONCOR
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: QUARTERLY STATUS ANNOUNCEMENT ON PUBLIC SHAREHOLDING SPREAD REQUIREMENT
Contents: We refer to the announcements dated 6 March 2009, 30 April 2009, 28 August 2009, 5 October 2009, 25 February 2010, 18 March 2010, 30 August 2010 and 15 September 2010 in respect of the public shareholding spread of Lion Corporation Berhad ("LCB or the "Company") ("Announcements"). Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcements.
On 7 September 2010, Bursa Malaysia Securities Berhad ("Bursa Securities") approved LCB's application for an extension of time of six (6) months to 28 February 2011 ("Extension Period") to meet the acceptable level of a lower public shareholding spread of 20% ("Approved Lower Public Shareholding Spread").
The Board of Directors of LCB ("Board") hereby announce that the Company has yet to meet the Approved Lower Public Shareholding Spread. Nevertheless, LCB's public shareholding spread as at 24 November 2010, has increased by 1.69% to 18.35% as compared to 16.66% as at 30 June 2010.
The Company shall endeavour to increase the public shareholding spread of LCB to the Acceptable Level of Lower Public Shareholding Spread within the Extension Period and in this regard, the Company will explore such possible options which may include strategic disposals, placements and/or offers for sale ("Possible Options"). The implementation of such Possible Options shall, however, be dependent on the then prevailing economic and stock market conditions.
In addition to the Possible Options, the exercise/conversion of, the redeemable convertible secured loan stocks issued by LCB, the warrants issued by LCB pursuant to the ACB Offer and the warrants to be issued pursuant to the Proposed Rights Issue of Warrants by the respective holders in the future, would also increase the public shareholding spread of LCB.
ASIAPAC - General Announcement
Announcement Type: General Announcement
Company Name: ASIAN PAC HOLDINGS BERHAD
Stock Name: ASIAPAC
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: ASIAN PAC HOLDINGS BERHAD ("ASIANPAC")
PROPOSED DISPOSAL OF 4 PIECES OF LAND OWNED BY SAFE VALLEY SDN BHD ("SVSB"), A WHOLLY-OWNED SUBSIDIARY OF ASIANPAC, MEASURING APPROXIMATELY 8.7 ACRES, TO AXIS MILESTONE SDN BHD ("AXIS"), FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM49 MILLION ("PROPOSED DISPOSAL"
Contents: The Board of Directors of Asianpac ("Board") wishes to announce that SVSB, a wholly-owned subsidiary of Asianpac, has on even date entered into a conditional Sale and Purchase Agreement ("SPA") with AXIS for the proposed disposal of 4 pieces of freehold land free from encumbrances, measuring approximately 8.7 acres, located in Mukim Setapak, District of Kuala Lumpur (the "Lands"), for a total cash consideration of RM49,114,920.
Attached the details of the Proposed Disposal.
Attachments: AP_Draft announcement on sale_(final).doc
Company Name: ASIAN PAC HOLDINGS BERHAD
Stock Name: ASIAPAC
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: ASIAN PAC HOLDINGS BERHAD ("ASIANPAC")
PROPOSED DISPOSAL OF 4 PIECES OF LAND OWNED BY SAFE VALLEY SDN BHD ("SVSB"), A WHOLLY-OWNED SUBSIDIARY OF ASIANPAC, MEASURING APPROXIMATELY 8.7 ACRES, TO AXIS MILESTONE SDN BHD ("AXIS"), FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM49 MILLION ("PROPOSED DISPOSAL"
Contents: The Board of Directors of Asianpac ("Board") wishes to announce that SVSB, a wholly-owned subsidiary of Asianpac, has on even date entered into a conditional Sale and Purchase Agreement ("SPA") with AXIS for the proposed disposal of 4 pieces of freehold land free from encumbrances, measuring approximately 8.7 acres, located in Mukim Setapak, District of Kuala Lumpur (the "Lands"), for a total cash consideration of RM49,114,920.
Attached the details of the Proposed Disposal.
Attachments: AP_Draft announcement on sale_(final).doc
LIONIND - General Announcement
Announcement Type: General Announcement
Company Name: LION INDUSTRIES CORPORATION BERHAD
Stock Name: LIONIND
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: LION INDUSTRIES CORPORATION BERHAD ("LICB" or the "Company")
Lending by Lion Forest Industries Berhad ("LFIB") of up to RM100 million, the sum of which was advanced by Sabah Forest Industries Sdn Bhd ("SFI"), then a subsidiary of LFIB, to LICB, the immediate holding company of LFIB, for financing required by Amsteel Mills Sdn Bhd ("AMSB"), a subsidiary of LICB
Contents: Reference is made to the announcement of the Company on 11 December 2003 in respect of the acceptance by the Company of the letter of offer dated 11 December 2003 of the lending by LFIB of a sum of up to RM100 million, which was advanced by SFI, to LICB which LICB in turn advanced to AMSB ("Financing"), based on the terms and conditions contained therein. The purpose of the Financing was for the completion of a meltshop by AMSB in Banting, Selangor. The Financing was approved by the shareholders of the Company on 15 June 2004.
Pursuant to the disposal of LFIB's 97.78% equity interest in SFI to Ballapur Paper Holdings BV in 2007, the Financing was novated by SFI to Intra Inspirasi Sdn Bhd ("Intra"), a subsidiary of LFIB.
The Board of Directors of LICB is pleased to announce that LICB had on 27 December 2010 fully repaid the Financing to Intra.
Company Name: LION INDUSTRIES CORPORATION BERHAD
Stock Name: LIONIND
Date Announced: 27/12/2010
Announcement Detail:
Type: Announcement
Subject: LION INDUSTRIES CORPORATION BERHAD ("LICB" or the "Company")
Lending by Lion Forest Industries Berhad ("LFIB") of up to RM100 million, the sum of which was advanced by Sabah Forest Industries Sdn Bhd ("SFI"), then a subsidiary of LFIB, to LICB, the immediate holding company of LFIB, for financing required by Amsteel Mills Sdn Bhd ("AMSB"), a subsidiary of LICB
Contents: Reference is made to the announcement of the Company on 11 December 2003 in respect of the acceptance by the Company of the letter of offer dated 11 December 2003 of the lending by LFIB of a sum of up to RM100 million, which was advanced by SFI, to LICB which LICB in turn advanced to AMSB ("Financing"), based on the terms and conditions contained therein. The purpose of the Financing was for the completion of a meltshop by AMSB in Banting, Selangor. The Financing was approved by the shareholders of the Company on 15 June 2004.
Pursuant to the disposal of LFIB's 97.78% equity interest in SFI to Ballapur Paper Holdings BV in 2007, the Financing was novated by SFI to Intra Inspirasi Sdn Bhd ("Intra"), a subsidiary of LFIB.
The Board of Directors of LICB is pleased to announce that LICB had on 27 December 2010 fully repaid the Financing to Intra.
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