OILCORP - General Announcement
Announcement Type: General Announcement
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: Oilcorp Berhad ("Oilcorp" or "the Company")
1. Restraining Order under Section 176(10) of the Companies Act 1965
2. Summons in Chambers for Bursa Malaysia Securities Berhad's Intervention and Application to set aside the Order dated 9 November 2010.
Contents: We refer to the announcement dated 9 November 2010 wherein we announced that the Court had ordered that the order dated 4 October 2010 and 25 October 2010 be varied to include restraining Bursa Malaysia Securities Berhad ("Bursa Securities")' de-listing actions ("Restraining Order").
The Company now wishes to announce that we have received an application from solicitors for Bursa Securities that Bursa Securities to be given leave to intervene in the proceedings in relation to the above matter and to set aside the Restraining Order dated 9 November 2010 along with any ad interim Order or Order allowing an extension. The hearing for this matter is set on 12 January 2011.
This announcement is dated 2 December 2010.
Company Name: OILCORP BERHAD
Stock Name: OILCORP
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: Oilcorp Berhad ("Oilcorp" or "the Company")
1. Restraining Order under Section 176(10) of the Companies Act 1965
2. Summons in Chambers for Bursa Malaysia Securities Berhad's Intervention and Application to set aside the Order dated 9 November 2010.
Contents: We refer to the announcement dated 9 November 2010 wherein we announced that the Court had ordered that the order dated 4 October 2010 and 25 October 2010 be varied to include restraining Bursa Malaysia Securities Berhad ("Bursa Securities")' de-listing actions ("Restraining Order").
The Company now wishes to announce that we have received an application from solicitors for Bursa Securities that Bursa Securities to be given leave to intervene in the proceedings in relation to the above matter and to set aside the Restraining Order dated 9 November 2010 along with any ad interim Order or Order allowing an extension. The hearing for this matter is set on 12 January 2011.
This announcement is dated 2 December 2010.
SUNWAY - General Announcement
Announcement Type: General Announcement
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES
Contents: Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Yau Kok Seng, the Managing Director of Sunway, has given notice of his dealing in the securities of Sunway outside the closed period, details as set out in Table 1 below.
This announcement is dated 2 December 2010.
Company Name: SUNWAY HOLDINGS BERHAD
Stock Name: SUNWAY
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: SUNWAY HOLDINGS BERHAD ("SUNWAY")
- NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES
Contents: Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Yau Kok Seng, the Managing Director of Sunway, has given notice of his dealing in the securities of Sunway outside the closed period, details as set out in Table 1 below.
This announcement is dated 2 December 2010.
YTL - 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: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 02/12/2010
Announcement Detail:
Date of buy back from: 22/11/2010
Date of buy back to: 26/11/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 184,400
Minimum price paid for each share purchased ($$): 8.130
Maximum price paid for each share purchased ($$): 8.590
Total amount paid for shares purchased ($$): 1,549,619.13
The name of the stock exchange through which the shares were purchased: BURSA MALAYSIA SECURITIES BERHAD
Number of shares purchased retained in treasury (units): 184,400
Total number of shares retained in treasury (units): 107,927,609
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 02/12/2010
Lodged by: HO SAY KENG
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 02/12/2010
Announcement Detail:
Date of buy back from: 22/11/2010
Date of buy back to: 26/11/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 184,400
Minimum price paid for each share purchased ($$): 8.130
Maximum price paid for each share purchased ($$): 8.590
Total amount paid for shares purchased ($$): 1,549,619.13
The name of the stock exchange through which the shares were purchased: BURSA MALAYSIA SECURITIES BERHAD
Number of shares purchased retained in treasury (units): 184,400
Total number of shares retained in treasury (units): 107,927,609
Number of shares purchased which were cancelled (units): 0
Date lodged with registrar of companies: 02/12/2010
Lodged by: HO SAY KENG
KTB - General Announcement
Announcement Type: General Announcement
Company Name: KONSORTIUM TRANSNASIONAL BERHAD
Stock Name: KTB
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: Konsortium Transnasional Berhad ("KTB" or "Company") - Disposal of properties by Syarikat Kenderaan Melayu Kelantan Berhad (Company No.: 1490-H)
Contents: INTRODUCTION
The Board of Directors of Konsortium Transnasional Berhad ("KTB" or "Company") wishes to announce that its wholly-owned subsidiary, Syarikat Kenderaan Melayu Kelantan Berhad ("SKMK") had on 2 December 2010 entered into a Sale and Purchase Agreement ("SPA") with Messrs. Tunas Inspirasi Sdn Bhd ("Purchaser") for the disposal of properties (more particularly described below) for a total cash consideration of RM8,600,000.00 ("Disposal").
DETAILS ON THE DISPOSAL
Under the terms and conditions of the SPA, SKMK will dispose of the properties which are two (2) pieces of adjacent commercial properties together with a bus station with a postal address of SKMK Langgar Express Bus Station, Jalan Sultan Yahya Petra, Kota Bharu, Kelantan measuring approximately 2 acres ("Properties) held under Geran 28821 Lot 43 and Geran 28822 Lot 49, Bandar Kota Bharu, Daerah Kota Bharu, Negeri Kelantan to the Purchaser for a total cash consideration of RM8,600,000.00.
The total cash consideration of RM8,600,000.00 under the SPA shall be paid in the following manner:-
(a) a 10% deposit of RM860,000.00 upon execution of the SPA; and
(b) the balance sum amounting to RM7,740,000.00 within three (3) months from the date of which the original letter of consent to transfer the Properties issued by the relevant authority is received by the Purchaser's solicitors ("Completion Date"), failing which SKMK shall automatically grant to the Purchaser an extension of one (1) month to pay the balance sum. In consideration of such extension, the Purchaser shall pay to SKMK interest at the rate of 8.0% per annum on the balance sum calculated daily from the expiry of the last day of the Completion Date.
The total cash consideration for the Disposal was arrived on a willing buyer willing seller basis after taking into consideration the valuation by an independent valuer. The market value of the Properties is RM8,600,000.00 as appraised by Messrs. Chancellors City Lim & Co, a registerd independent valuer on 11 June 2010. The comparison method was applied for the said valuation.
The Properties are freehold Malay Reserve land. The Properties are currently used as a bus station by SKMK and are currently charged to CIMB Bank Berhad.
The details of the original cost of investment and the audited net book value ("NBV") of the Properties are as per Table 1 below.
The Disposal is expected to be completed within three (3) months from the date of the SPA.
BRIEF INFORMATION ON SKMK
SKMK was incorporated on 24th February 1947 with an authorised share capital of RM9,750,000.00 comprising 9,750,000 ordinary shares of RM1.00 each of which 7,450,620 ordinary shares of RM1.00 each have been issued and fully paid-up. The principal activity of SKMK is providing the service of public bus transportation.
BRIEF INFORMATION ON THE PURCHASER
Tunas Inspirasi Sdn Bhd was incorporated on 27th October 2010 with an authorised share capital of RM500,000.00 comprising 500,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up. The principle activity of Tunas Inspirasi Sdn Bhd is property development.
RATIONALE FOR THE DISPOSAL
The Disposal will enable SKMK to utilize the proceed of the sale for working capital purposes.
FINANCIAL EFFECTS ON THE DISPOSAL
a. Share Capital and Substantial Shareholders' Shareholding
The Disposal will not have any material effect on the issued and paid-up capital and substantial shareholders' shareholdings in the Company.
b. Net Assets per share and Gearing
The Disposal will not have any material effect on the net assets per share and gearing of the Company for the financial year ending 31 December 2010.
c. Earning per share
The proforma effects of the Disposal on the earning per share of the Company based on the audited financial statements as at 31 December 2009 is as per Table 2 below.
CONDITION OF THE DISPOSAL
The Disposal is not subject to the approval from the shareholders but since the Properties are Malay Reserve land, the consent of Pihak Berkuasa Negeri Kelantan has to be obtained for the transfer of the Properties.
DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTERESTS
None of the Directors and/or substantial shareholders of the Company and/or any person connected to them have any interest, direct or indirect, in the Disposal.
STATEMENT BY THE BOARD OF DIRECTORS
The Directors of the Company are of the opinion that the Disposal is fair and reasonable and is in the best interest of the Company and that the consideration for the Disposal was arrived at on a willing buyer willing seller basis after taking into account the market value of the Properties.
DOCUMENTS AVAILABLE FOR INSPECTION
A copy of the SPA dated 2nd December 2010 and the valuation report prepared by Messrs. Chancellors City Lim & Co are available for inspection at the registered office of the Company at No. 38, Jalan Chow Kit, 50350 Kuala Lumpur during normal office hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.
This announcement is dated 2nd December 2010.
Company Name: KONSORTIUM TRANSNASIONAL BERHAD
Stock Name: KTB
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: Konsortium Transnasional Berhad ("KTB" or "Company") - Disposal of properties by Syarikat Kenderaan Melayu Kelantan Berhad (Company No.: 1490-H)
Contents: INTRODUCTION
The Board of Directors of Konsortium Transnasional Berhad ("KTB" or "Company") wishes to announce that its wholly-owned subsidiary, Syarikat Kenderaan Melayu Kelantan Berhad ("SKMK") had on 2 December 2010 entered into a Sale and Purchase Agreement ("SPA") with Messrs. Tunas Inspirasi Sdn Bhd ("Purchaser") for the disposal of properties (more particularly described below) for a total cash consideration of RM8,600,000.00 ("Disposal").
DETAILS ON THE DISPOSAL
Under the terms and conditions of the SPA, SKMK will dispose of the properties which are two (2) pieces of adjacent commercial properties together with a bus station with a postal address of SKMK Langgar Express Bus Station, Jalan Sultan Yahya Petra, Kota Bharu, Kelantan measuring approximately 2 acres ("Properties) held under Geran 28821 Lot 43 and Geran 28822 Lot 49, Bandar Kota Bharu, Daerah Kota Bharu, Negeri Kelantan to the Purchaser for a total cash consideration of RM8,600,000.00.
The total cash consideration of RM8,600,000.00 under the SPA shall be paid in the following manner:-
(a) a 10% deposit of RM860,000.00 upon execution of the SPA; and
(b) the balance sum amounting to RM7,740,000.00 within three (3) months from the date of which the original letter of consent to transfer the Properties issued by the relevant authority is received by the Purchaser's solicitors ("Completion Date"), failing which SKMK shall automatically grant to the Purchaser an extension of one (1) month to pay the balance sum. In consideration of such extension, the Purchaser shall pay to SKMK interest at the rate of 8.0% per annum on the balance sum calculated daily from the expiry of the last day of the Completion Date.
The total cash consideration for the Disposal was arrived on a willing buyer willing seller basis after taking into consideration the valuation by an independent valuer. The market value of the Properties is RM8,600,000.00 as appraised by Messrs. Chancellors City Lim & Co, a registerd independent valuer on 11 June 2010. The comparison method was applied for the said valuation.
The Properties are freehold Malay Reserve land. The Properties are currently used as a bus station by SKMK and are currently charged to CIMB Bank Berhad.
The details of the original cost of investment and the audited net book value ("NBV") of the Properties are as per Table 1 below.
The Disposal is expected to be completed within three (3) months from the date of the SPA.
BRIEF INFORMATION ON SKMK
SKMK was incorporated on 24th February 1947 with an authorised share capital of RM9,750,000.00 comprising 9,750,000 ordinary shares of RM1.00 each of which 7,450,620 ordinary shares of RM1.00 each have been issued and fully paid-up. The principal activity of SKMK is providing the service of public bus transportation.
BRIEF INFORMATION ON THE PURCHASER
Tunas Inspirasi Sdn Bhd was incorporated on 27th October 2010 with an authorised share capital of RM500,000.00 comprising 500,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up. The principle activity of Tunas Inspirasi Sdn Bhd is property development.
RATIONALE FOR THE DISPOSAL
The Disposal will enable SKMK to utilize the proceed of the sale for working capital purposes.
FINANCIAL EFFECTS ON THE DISPOSAL
a. Share Capital and Substantial Shareholders' Shareholding
The Disposal will not have any material effect on the issued and paid-up capital and substantial shareholders' shareholdings in the Company.
b. Net Assets per share and Gearing
The Disposal will not have any material effect on the net assets per share and gearing of the Company for the financial year ending 31 December 2010.
c. Earning per share
The proforma effects of the Disposal on the earning per share of the Company based on the audited financial statements as at 31 December 2009 is as per Table 2 below.
CONDITION OF THE DISPOSAL
The Disposal is not subject to the approval from the shareholders but since the Properties are Malay Reserve land, the consent of Pihak Berkuasa Negeri Kelantan has to be obtained for the transfer of the Properties.
DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTERESTS
None of the Directors and/or substantial shareholders of the Company and/or any person connected to them have any interest, direct or indirect, in the Disposal.
STATEMENT BY THE BOARD OF DIRECTORS
The Directors of the Company are of the opinion that the Disposal is fair and reasonable and is in the best interest of the Company and that the consideration for the Disposal was arrived at on a willing buyer willing seller basis after taking into account the market value of the Properties.
DOCUMENTS AVAILABLE FOR INSPECTION
A copy of the SPA dated 2nd December 2010 and the valuation report prepared by Messrs. Chancellors City Lim & Co are available for inspection at the registered office of the Company at No. 38, Jalan Chow Kit, 50350 Kuala Lumpur during normal office hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.
This announcement is dated 2nd December 2010.
GLOMAC - Quarterly rpt on consolidated results for the financial period ended 31/10/2010
Announcement Type: Financial Results
Company Name: GLOMAC BERHAD
Stock Name: GLOMAC
Date Announced: 02/12/2010
Announcement Detail:
Financial Year End: 30/04/2011
Quarter: 2
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: GLOMAC BERHAD
Stock Name: GLOMAC
Date Announced: 02/12/2010
Announcement Detail:
Financial Year End: 30/04/2011
Quarter: 2
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
GLOMAC - Press Statement on Glomac Berhad's unaudited results for the 2nd Quarter ended 30 April 2011.
Announcement Type: General Announcement
Company Name: GLOMAC BERHAD
Stock Name: GLOMAC
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: Press Statement on Glomac Berhad's unaudited results for the 2nd Quarter ended 30 April 2011.
Contents: We are pleased enclose herewith a press release made by Glomac Berhad on 2 December 2010 in conjunction with the announcement of Glomac's unaudited results for the 2nd Quarter ended 30 April 2011.
Attachments: 1HFY11-Bahasa Malaysia.pdf
1HFY11-English.pdf
Company Name: GLOMAC BERHAD
Stock Name: GLOMAC
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: Press Statement on Glomac Berhad's unaudited results for the 2nd Quarter ended 30 April 2011.
Contents: We are pleased enclose herewith a press release made by Glomac Berhad on 2 December 2010 in conjunction with the announcement of Glomac's unaudited results for the 2nd Quarter ended 30 April 2011.
Attachments: 1HFY11-Bahasa Malaysia.pdf
1HFY11-English.pdf
RANHILL - RANHILL BERHAD - Results of the Fourteenth Annual General Meeting ("14th AGM")
Announcement Type: General Announcement
Company Name: RANHILL BERHAD
Stock Name: RANHILL
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: RANHILL BERHAD
- Results of the Fourteenth Annual General Meeting ("14th AGM")
Contents: Ranhill Berhad ("the Company") is pleased to announce that at the 14th AGM of the Company held earlier today, all the resolutions as set out in the Notice of the 14th AGM dated 10 November 2010 were duly passed.
This announcement is dated 2 December 2010.
Company Name: RANHILL BERHAD
Stock Name: RANHILL
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: RANHILL BERHAD
- Results of the Fourteenth Annual General Meeting ("14th AGM")
Contents: Ranhill Berhad ("the Company") is pleased to announce that at the 14th AGM of the Company held earlier today, all the resolutions as set out in the Notice of the 14th AGM dated 10 November 2010 were duly passed.
This announcement is dated 2 December 2010.
EDARAN - General Announcement
Announcement Type: General Announcement
Company Name: EDARAN BERHAD
Stock Name: EDARAN
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: RESOLUTIONS PASSED AT THE 18TH ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING OF EDARAN BERHAD
Contents: The Company wishes to announce that all the Ordinary Resolutions tabled at the Company's 18th Annual General Meeting ("AGM") held today, including the Special Business giving authority to Directors to issue shares under Section 132D of the Companies Act, 1965, as set out in the Notice of AGM dated 8 November 2010 were unanimously carried.
In respect of the Extraordinary General Meeting ("EGM"), the Company wishes to announce that the Ordinary Resolution on the Proposed Renewal of Authority for Share Buy-Back of Up to Ten Percent (10%) of the Issued and Paid Up Capital of the Company as set out in the Notice of EGM dated 8 November 2010 tabled at the Company's EGM held today were also unanimously carried.
Company Name: EDARAN BERHAD
Stock Name: EDARAN
Date Announced: 02/12/2010
Announcement Detail:
Type: Announcement
Subject: RESOLUTIONS PASSED AT THE 18TH ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING OF EDARAN BERHAD
Contents: The Company wishes to announce that all the Ordinary Resolutions tabled at the Company's 18th Annual General Meeting ("AGM") held today, including the Special Business giving authority to Directors to issue shares under Section 132D of the Companies Act, 1965, as set out in the Notice of AGM dated 8 November 2010 were unanimously carried.
In respect of the Extraordinary General Meeting ("EGM"), the Company wishes to announce that the Ordinary Resolution on the Proposed Renewal of Authority for Share Buy-Back of Up to Ten Percent (10%) of the Issued and Paid Up Capital of the Company as set out in the Notice of EGM dated 8 November 2010 tabled at the Company's EGM held today were also unanimously carried.
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: 02/12/2010
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 1 December 2010 was RM2.49.
Company Name: ICAPITAL.BIZ BERHAD
Stock Name: ICAP
Date Announced: 02/12/2010
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 1 December 2010 was RM2.49.
MELATI - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: MELATI EHSAN HOLDINGS BERHAD
Stock Name: MELATI
Date Announced: 02/12/2010
Announcement Detail:
Date of buy back: 02/12/2010
Description of shares purchased: Ordinary shares @ RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 36,800
Minimum price paid for each share purchased ($$): 0.740
Maximum price paid for each share purchased ($$): 0.800
Total consideration paid ($$): 29,043.45
Number of shares purchased retained in treasury (units): 36,800
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 100,600
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.08
Company Name: MELATI EHSAN HOLDINGS BERHAD
Stock Name: MELATI
Date Announced: 02/12/2010
Announcement Detail:
Date of buy back: 02/12/2010
Description of shares purchased: Ordinary shares @ RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 36,800
Minimum price paid for each share purchased ($$): 0.740
Maximum price paid for each share purchased ($$): 0.800
Total consideration paid ($$): 29,043.45
Number of shares purchased retained in treasury (units): 36,800
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 100,600
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 (%): 0.08
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