SUNRISE - General Announcement
Announcement Type: General Announcement
Company Name: SUNRISE BERHAD
Stock Name: SUNRISE
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: Sunrise Berhad ("Sunrise" or "Company")
Conditional Take-Over Offer by UEM Land Holdings Berhad ("ULHB") to acquire all the ordinary shares of RM1.00 each in Sunrise (excluding treasury shares) not already owned by ULHB ("Offer Shares") ("Offer")
Contents: We refer to our announcements dated 4 November 2010, 25 November 2010, 20 December 2010, 21 December 2010 and 22 December 2010 in relation to the Offer.
We hereby announce that Sunrise has on 23 December 2010 received a letter from CIMB Investment Bank Berhad ("CIMB") (issued on behalf of ULHB) informing us that as at 5:00 p.m. (Malaysian time) on 23 December 2010, ULHB has received transfer for 453,616,278 Sunrise shares, representing 91.57% of Sunrise's issued and paid-up share capital (excluding treasury shares), into its Central Depository System account in connection with the Offer ("Transferred Shares").
Nonetheless, we have been informed that ULHB has not received all the valid acceptances in respect of the Transferred Shares. Accordingly, the acceptance level for the Offer has not reached the requisite threshold for ULHB to invoke compulsory acquisition on all the remaining Offer Shares in accordance with Section 222 of the Capital Markets and Services Act, 2007.
In view that ULHB does not intend to maintain the listing status of Sunrise in the event Sunrise is unable to comply with the shareholding spread requirement of Bursa Malaysia Securities Berhad ("Bursa Securities") as a result of acceptances received pursuant to the Offer (as set out in Section 4(iii) of the offer document dated 25 November 2010 in relation to the Offer), the trading in Sunrise shares will be suspended upon the expiry of 5 market days from the date of this announcement pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements of Bursa Securities.
A copy of the letter by CIMB (on behalf of ULHB) relating to the above is enclosed herewith.
Attachments: Letter from CIMB 23.12.2010.pdf
Company Name: SUNRISE BERHAD
Stock Name: SUNRISE
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: Sunrise Berhad ("Sunrise" or "Company")
Conditional Take-Over Offer by UEM Land Holdings Berhad ("ULHB") to acquire all the ordinary shares of RM1.00 each in Sunrise (excluding treasury shares) not already owned by ULHB ("Offer Shares") ("Offer")
Contents: We refer to our announcements dated 4 November 2010, 25 November 2010, 20 December 2010, 21 December 2010 and 22 December 2010 in relation to the Offer.
We hereby announce that Sunrise has on 23 December 2010 received a letter from CIMB Investment Bank Berhad ("CIMB") (issued on behalf of ULHB) informing us that as at 5:00 p.m. (Malaysian time) on 23 December 2010, ULHB has received transfer for 453,616,278 Sunrise shares, representing 91.57% of Sunrise's issued and paid-up share capital (excluding treasury shares), into its Central Depository System account in connection with the Offer ("Transferred Shares").
Nonetheless, we have been informed that ULHB has not received all the valid acceptances in respect of the Transferred Shares. Accordingly, the acceptance level for the Offer has not reached the requisite threshold for ULHB to invoke compulsory acquisition on all the remaining Offer Shares in accordance with Section 222 of the Capital Markets and Services Act, 2007.
In view that ULHB does not intend to maintain the listing status of Sunrise in the event Sunrise is unable to comply with the shareholding spread requirement of Bursa Malaysia Securities Berhad ("Bursa Securities") as a result of acceptances received pursuant to the Offer (as set out in Section 4(iii) of the offer document dated 25 November 2010 in relation to the Offer), the trading in Sunrise shares will be suspended upon the expiry of 5 market days from the date of this announcement pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements of Bursa Securities.
A copy of the letter by CIMB (on behalf of ULHB) relating to the above is enclosed herewith.
Attachments: Letter from CIMB 23.12.2010.pdf
AXIATA - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: AXIATA GROUP BERHAD
Stock Name: AXIATA
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: AXIATA GROUP BERHAD ("AXIATA") - MEDIA RELEASE ENTITLED "AXIATA COMPLETES DIVESTMENT OF STAKE IN THAILAND IN LINE WITH STRATEGIC DIRECTION OF FOCUSING ON CORE BUSINESS"
Contents: We provide hereunder the media release dated 23 December 2010 in relation to the completion of the sale by Axiata of its entire stake in Samart Corporation Public Company Limited.
Attachments: Media Release-Disposal of SAMART.pdf
Submitting Merchant Bank: N/A
Company Name: AXIATA GROUP BERHAD
Stock Name: AXIATA
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: AXIATA GROUP BERHAD ("AXIATA") - MEDIA RELEASE ENTITLED "AXIATA COMPLETES DIVESTMENT OF STAKE IN THAILAND IN LINE WITH STRATEGIC DIRECTION OF FOCUSING ON CORE BUSINESS"
Contents: We provide hereunder the media release dated 23 December 2010 in relation to the completion of the sale by Axiata of its entire stake in Samart Corporation Public Company Limited.
Attachments: Media Release-Disposal of SAMART.pdf
LATITUD - LATITUDE TREE HOLDINGS BERHAD ("LTHB" or "the Company") - Change of External Auditors
Announcement Type: General Announcement
Company Name: LATITUDE TREE HOLDINGS BERHAD
Stock Name: LATITUD
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: LATITUDE TREE HOLDINGS BERHAD ("LTHB" or "the Company") - Change of External Auditors
Contents: Further to the announcement made on 21 December 2010, we wish to inform that the resolutions passed at the 16th Annual General Meeting ("16th AGM") of LTHB include the appointment of Messrs Ernst & Young as Auditors of the Company in place of the retiring Auditors, Messrs Y.C. Chong & Co pursuant to Section 172(11) of the Companies Act, 1965 as set out in the Notice of the 16th AGM contained in the Annual Report for the financial year ended 30 June 2010 of LTHB.
This announcement is dated 23 December 2010.
Company Name: LATITUDE TREE HOLDINGS BERHAD
Stock Name: LATITUD
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: LATITUDE TREE HOLDINGS BERHAD ("LTHB" or "the Company") - Change of External Auditors
Contents: Further to the announcement made on 21 December 2010, we wish to inform that the resolutions passed at the 16th Annual General Meeting ("16th AGM") of LTHB include the appointment of Messrs Ernst & Young as Auditors of the Company in place of the retiring Auditors, Messrs Y.C. Chong & Co pursuant to Section 172(11) of the Companies Act, 1965 as set out in the Notice of the 16th AGM contained in the Annual Report for the financial year ended 30 June 2010 of LTHB.
This announcement is dated 23 December 2010.
HELP - Quarterly rpt on consolidated results for the financial period ended 31/10/2010
Announcement Type: Financial Results
Company Name: HELP INTERNATIONAL CORPORATION BERHAD
Stock Name: HELP
Date Announced: 23/12/2010
Announcement Detail:
Financial Year End: 31/10/2010
Quarter: 4
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: HELP INTERNATIONAL CORPORATION BERHAD
Stock Name: HELP
Date Announced: 23/12/2010
Announcement Detail:
Financial Year End: 31/10/2010
Quarter: 4
Quarterly report for the financial period ended: 31/10/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
HELP - HELP INTERNATIONAL CORPORATION BERHAD ("HELP" or "the Company") - FIRST AND FINAL DIVIDEND
Announcement Type: General Announcement
Company Name: HELP INTERNATIONAL CORPORATION BERHAD
Stock Name: HELP
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: HELP INTERNATIONAL CORPORATION BERHAD ("HELP" or "the Company")
- FIRST AND FINAL DIVIDEND
Contents: The Board of Directors of HELP is pleased to announce that they are recommending a First and Final Dividend of 4% less income tax of 25% (2 sen per ordinary share of RM0.50 each less income tax at 25%) for the financial year ended 31 October 2010, subject to the approval of the shareholders at the forthcoming Annual General Meeting.
The date of entitlement and date of payment in respect of the aforesaid First and Final Dividend will be determined and announced in due course.
This announcement is dated 23 December 2010.
Company Name: HELP INTERNATIONAL CORPORATION BERHAD
Stock Name: HELP
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: HELP INTERNATIONAL CORPORATION BERHAD ("HELP" or "the Company")
- FIRST AND FINAL DIVIDEND
Contents: The Board of Directors of HELP is pleased to announce that they are recommending a First and Final Dividend of 4% less income tax of 25% (2 sen per ordinary share of RM0.50 each less income tax at 25%) for the financial year ended 31 October 2010, subject to the approval of the shareholders at the forthcoming Annual General Meeting.
The date of entitlement and date of payment in respect of the aforesaid First and Final Dividend will be determined and announced in due course.
This announcement is dated 23 December 2010.
WZSTEEL - Quarterly rpt on consolidated results for the financial period ended 31/10/2010
Announcement Type: Financial Results
Company Name: WZ STEEL BERHAD
Stock Name: WZSTEEL
Date Announced: 23/12/2010
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: WZ STEEL BERHAD
Stock Name: WZSTEEL
Date Announced: 23/12/2010
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)
GLBHD - Change of Address
Announcement Type: Change of Address
Company Name: GOLDEN LAND BERHAD
Stock Name: GLBHD
Date Announced: 23/12/2010
Announcement Detail:
Change description: Registered
Old address: 55-2, The Boulevard, Mid Valley City, 59200 Lingkaran Syed Putra, Kuala Lumpur.
New address: A-09-03, Empire Tower, Empire Subang, Jalan SS16/1, 47500 Subang Jaya, Selangor.
Telephone no: 0178928488
Facsimile no: Please refer to remark
E-mail address: mail@glbhd.com
Effective date: 23/12/2010
Remark: We are unable to set up our facsimile line due to technical problem, an announcement will be made once the fascimille line restored.
Company Name: GOLDEN LAND BERHAD
Stock Name: GLBHD
Date Announced: 23/12/2010
Announcement Detail:
Change description: Registered
Old address: 55-2, The Boulevard, Mid Valley City, 59200 Lingkaran Syed Putra, Kuala Lumpur.
New address: A-09-03, Empire Tower, Empire Subang, Jalan SS16/1, 47500 Subang Jaya, Selangor.
Telephone no: 0178928488
Facsimile no: Please refer to remark
E-mail address: mail@glbhd.com
Effective date: 23/12/2010
Remark: We are unable to set up our facsimile line due to technical problem, an announcement will be made once the fascimille line restored.
VINTAGE - General Announcement
Announcement Type: General Announcement
Company Name: VTI VINTAGE BERHAD
Stock Name: VINTAGE
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: VTI VINTAGE BERHAD ("VVB" or "the Company")
- Notice Pursuant to Section 218 of the Companies Act, 1965 ("the Notice")
Contents: 1. Date of presentation of the Notice Pursuant to Section 218 of the Companies Act, 1965 and the particulars of the claim under the Notice, including the amount claimed for under the Notice and the interest rate.
The Board of Directors of VVB wishes to announce that on 23 December 2010, the Company and Newsteel Building Systems Sdn Bhd ("Newsteel"), a subsidiary of the Company have received the Notice Pursuant to Section 218 (1) (e) & (i) of the Companies Act, 1965 ("Notice") from Messrs. Shui-Tai, the solicitors for Anshin Steel Services Centre Sdn Bhd ("Anshin"), demanding the total sum of RM59,470.38 being the judgment sum of RM35,768.88, interest of RM7,110.00 as at 31 March 2008, interest at 1.3% per month on RM35,768.88 from 1 April 2008 to 21 December 2010 (and still continuing until the date of full realisation) and costs of RM1,170.00 within three (3) weeks from the date of receipt of the Notice, failing which, the Company and Newsteel is deemed to be unable to pay its debts and a winding-up petition may be filed against the Company and Newsteel. The sealed Judgment is dated 6 November 2009.
2. Details of the default or circumstances leading to the filing of the Notice against VVB and Newsteel
The circumstances leading to the filing of the Notice against the Company and Newsteel was due to the fact that the Company has failed and/or default to settle the sum claimed by Anshin.
However, the Company wishes to inform that the Group had on 22 July 2009 initiated the Proposed Scheme of Arrangement under Section 176 of the Companies Act, 1965 ("Proposed Scheme") and has included Anshin as one of the Scheme Creditors under the Proposed Scheme of Arrangement under Section 176 of the Companies Act, 1965 ("Proposed Scheme") which had been approved during the Court Convened Meeting ("CCM") of the Group held on 16 July 2010.
Based on the legal advice obtained, Anshin as one of the Scheme Creditors, once the Court sanctions the Scheme of Arrangement under Section 176 of the Companies Act, 1965, Anshin will be bound to accept the Scheme under the approved Proposed Scheme. Therefore, pending the completion of the Proposed Scheme, no payment was made to the Scheme Creditors including Anshin.
3. A confirmation as to whether Newsteel is a major subsidiary
Newsteel is not a major subsidiary of VVB
4. The cost of investment in Newsteel
The total cost of investment in Newsteel is RM799,999.00
5. The financial and operational impact of the Notice on the Group
Subject to the completion of the Proposed Scheme, there is no financial and operational impact to the Group.
6. The expected losses, if any, arising from the notice
The Company is not expected to incur any further loss arising from the notice.
7. Steps taken and proposed to be taken in respect of the Notice.
VVB has given instruction to its solicitor to reply to Anshin's solicitors to highlight to Anshin's solicitors the outcome of the CCM.
Further announcement on the development of the Proposed Scheme will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 23 December 2010.
Company Name: VTI VINTAGE BERHAD
Stock Name: VINTAGE
Date Announced: 23/12/2010
Announcement Detail:
Type: Announcement
Subject: VTI VINTAGE BERHAD ("VVB" or "the Company")
- Notice Pursuant to Section 218 of the Companies Act, 1965 ("the Notice")
Contents: 1. Date of presentation of the Notice Pursuant to Section 218 of the Companies Act, 1965 and the particulars of the claim under the Notice, including the amount claimed for under the Notice and the interest rate.
The Board of Directors of VVB wishes to announce that on 23 December 2010, the Company and Newsteel Building Systems Sdn Bhd ("Newsteel"), a subsidiary of the Company have received the Notice Pursuant to Section 218 (1) (e) & (i) of the Companies Act, 1965 ("Notice") from Messrs. Shui-Tai, the solicitors for Anshin Steel Services Centre Sdn Bhd ("Anshin"), demanding the total sum of RM59,470.38 being the judgment sum of RM35,768.88, interest of RM7,110.00 as at 31 March 2008, interest at 1.3% per month on RM35,768.88 from 1 April 2008 to 21 December 2010 (and still continuing until the date of full realisation) and costs of RM1,170.00 within three (3) weeks from the date of receipt of the Notice, failing which, the Company and Newsteel is deemed to be unable to pay its debts and a winding-up petition may be filed against the Company and Newsteel. The sealed Judgment is dated 6 November 2009.
2. Details of the default or circumstances leading to the filing of the Notice against VVB and Newsteel
The circumstances leading to the filing of the Notice against the Company and Newsteel was due to the fact that the Company has failed and/or default to settle the sum claimed by Anshin.
However, the Company wishes to inform that the Group had on 22 July 2009 initiated the Proposed Scheme of Arrangement under Section 176 of the Companies Act, 1965 ("Proposed Scheme") and has included Anshin as one of the Scheme Creditors under the Proposed Scheme of Arrangement under Section 176 of the Companies Act, 1965 ("Proposed Scheme") which had been approved during the Court Convened Meeting ("CCM") of the Group held on 16 July 2010.
Based on the legal advice obtained, Anshin as one of the Scheme Creditors, once the Court sanctions the Scheme of Arrangement under Section 176 of the Companies Act, 1965, Anshin will be bound to accept the Scheme under the approved Proposed Scheme. Therefore, pending the completion of the Proposed Scheme, no payment was made to the Scheme Creditors including Anshin.
3. A confirmation as to whether Newsteel is a major subsidiary
Newsteel is not a major subsidiary of VVB
4. The cost of investment in Newsteel
The total cost of investment in Newsteel is RM799,999.00
5. The financial and operational impact of the Notice on the Group
Subject to the completion of the Proposed Scheme, there is no financial and operational impact to the Group.
6. The expected losses, if any, arising from the notice
The Company is not expected to incur any further loss arising from the notice.
7. Steps taken and proposed to be taken in respect of the Notice.
VVB has given instruction to its solicitor to reply to Anshin's solicitors to highlight to Anshin's solicitors the outcome of the CCM.
Further announcement on the development of the Proposed Scheme will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 23 December 2010.
DAIBOCI - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
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): 4,200
Minimum price paid for each share purchased ($$): 2.550
Maximum price paid for each share purchased ($$): 2.550
Total consideration paid ($$): 10,788.48
Number of shares purchased retained in treasury (units): 4,200
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 623,100
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.82
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 23/12/2010
Announcement Detail:
Date of buy back: 23/12/2010
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 4,200
Minimum price paid for each share purchased ($$): 2.550
Maximum price paid for each share purchased ($$): 2.550
Total consideration paid ($$): 10,788.48
Number of shares purchased retained in treasury (units): 4,200
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 623,100
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 (%): 0.82
GFB - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 23/12/2010
Announcement Detail:
Date of buy back: 23/12/2010
Description of shares purchased: Ordinary Shares of RM1 Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,300
Minimum price paid for each share purchased ($$): 1.370
Maximum price paid for each share purchased ($$): 1.370
Total consideration paid ($$): 1,823.54
Number of shares purchased retained in treasury (units): 1,300
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,052,900
Adjusted issued capital after cancellation (no. of shares) (units): 56,616,106
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.63
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 23/12/2010.
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 23/12/2010
Announcement Detail:
Date of buy back: 23/12/2010
Description of shares purchased: Ordinary Shares of RM1 Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,300
Minimum price paid for each share purchased ($$): 1.370
Maximum price paid for each share purchased ($$): 1.370
Total consideration paid ($$): 1,823.54
Number of shares purchased retained in treasury (units): 1,300
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,052,900
Adjusted issued capital after cancellation (no. of shares) (units): 56,616,106
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.63
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 23/12/2010.
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