ANCOMLB - General Announcement
Announcement Type: General AnnouncementSubmitting Merchant Bank: MAYBANK INVESTMENT BANK BERHAD
Company Name: ANCOM LOGISTICS BERHAD (ACE Market)Stock Name: ANCOMLBDate Announced: 25/06/2010
Announcement Detail:Regularisation Sponsor: Maybank Investment Bank Bhd
Sponsor: Same as above
Type: Announcement
Subject: ANCOM LOGISTICS BERHAD ("ALB") (FORMERLY KNOWN AS TAMCO CORPORATE HOLDINGS BERHAD)
I. PROPOSED DISPOSAL;
II. PROPOSED CAPITAL REDUCTION;
III. PROPOSED ACQUISITION OF STL GROUP;
IV. PROPOSED EXEMPTION; AND
V. PROPOSED SPECIAL ISSUE
(HEREIN COLLECTIVELY REFERRED TO AS THE "PROPOSED RESTRUCTURING SCHEME")
Contents: For consistency, the abbreviations used hereafter throughout this announcement shall have the same meaning as defined in the announcement dated 16 November 2009 unless stated otherwise.
Reference is made to the announcements dated 16 November 2009, 24 December 2009 and 4 January 2010, 28 January 2010, 29 January 2010, 4 February 2010, 3 March 2010 and 13 April 2010.
On behalf of the Board of ALB, Maybank IB wishes to announce that Bursa Securities had, vide its letter dated 24 June 2010, has resolved to approve the Proposed Restructuring Scheme and the following:
(i) the listing of 209,508,593 new ordinary shares of RM0.10 each to be issued pursuant to the Proposed Acquisition of STL Group; and
(ii) the listing of up to 14,800,000 new ordinary shares of RM0.10 each to be issued pursuant to the Proposed Special Issue.
The approval of the Proposed Restructuring Scheme is subject to the following conditions:
(i) A moratorium to be imposed on the Consideration Shares pursuant to the Proposed Acquisition of STL Group in the manner disclosed in Section 3.19 of the Ace Market Listing Requirements ("ACE Listing Requirements");
(ii) ALB and Maybank IB must fully comply with the relevant provisions under the ACE Listing Requirements pertaining to the implementation of the Proposed Restructuring Scheme;
(iii) ALB and Maybank IB to inform Bursa Securities upon completion of the Proposed Restructuring Scheme; and
(iv) ALB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Restructuring Scheme is completed.
This announcement is dated 25 June 2010.
EFORCE - General Announcement
Announcement Type: General AnnouncementSubmitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: EXCEL FORCE MSC BERHAD (ACE Market)Stock Name: EFORCEDate Announced: 25/06/2010
Announcement Detail:Type: Announcement
Subject: Excel Force MSC Berhad ("EFMB" or "Company")
Announcement in relation to the following:
(I) PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF EFMB TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED TRANSFER LISTING; AND
(II) PROPOSED TRANSFER OF THE LISTING AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF EFMB FROM THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Contents: (All the abbreviations used in this announcement are as defined in the previous announcement dated 14 June 2010.)
We refer to our announcement dated 14 June 2010 in relation to the Proposals.
Public Investment Bank Berhad, on behalf of the Board of Directors of EFMB, wishes to announce that the application to the Securities Commission for the Proposed Transfer Listing has been made on 25 June 2010.
This announcement is dated 25 June 2010.
EFUTURE - Change in Audit Committee
Announcement Type: Change in Audit CommitteeCompany Name: ECOFUTURE BHD (ACE Market)Stock Name: EFUTUREDate Announced: 25/06/2010
Announcement Detail:Date of change: 21/06/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Lim Tian Huat
Age: 55
Nationality: Malaysian
Qualifications: Member of the Malaysian Institute of Accountants (MIA), Council Member of the Malaysia Institute of Certified Public Accountants (MICPA) and also a Fellow member of the Association of Chartered Certified Accountants (ACCA). He also holds a degree in BA Economics (Honours).
Working experience and occupation: Mr Lim is a licensed auditor and a licensed liquidator. He was appointed by the Domestic Trade Minister to be a member of the Corporate Law Reform Committee (CLRC) under the purview of the Companies Commission of Malaysia. CLRC's objective is to update and upgrade the Companies Act. He also was the Chairman of Working Group "D" which was set up to consider the current law and practice relevant to corporate securities and insolvency practices. After three years, CLRC completed its work in 2009. He was appointed as Commissioner to the United Nations Compensation Commission for a period of 5 years from 1998 to 2002. He co-authored of book, entitled "The Law and Practice of Corporate Receivership in Malaysia and Singapore".
Mr Lim was a Partner of Ernst & Young (2001-2009) and he headed the Corporate Restructuring practice in the firm. He was partner of Arthur Andersen & Co. (1990-2002) where he headed the Global Corporate Finance practice in the firm. He was appointed to Global Council for Corporate Recovering Services for two years (1997 and 1998). During the period he set up the firm Corporate Recovery Services in Bangkok, Thailand. He was also Chief Operating Officer of Asean's Corporate Recovering Services during 1999 to 2001. He has been involved in restructuring and insolvency work since 1986. Prior to this, he was in the audit division for 7 years.
His major experiences include appointed as :
- Lead Partner and Financial and Operational Adviser to set-up Pengurusan Danaharta Nasional Berhad;
- Lead Partner and Strategic and Operational Adviser to set-up the Corporate Debt Restructuring Committee under the auspicious of Bank Negara Malaysia;
- Appointee of the Director-General of Insurance Company to control and manage the affairs of a local Insurance company;
- advisor by a large institutional investor to evaluate their investments in certain companies and to many publicly listed companies to restructure their financial affairs;
- Special Administrator of electronic products and animal feed manufacturers and construction companies. His role as Special Administrator involves a combination of managing the affairs of the companies, formulating viable schemes and implementation of actions to improve performance;
- court appointed Receiver and Manager to revive a number of Abandoned Housing Projects throughout the country and acted as Liquidator to wind-up affairs of various companies.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Composition of Audit Committee (Name and Directorate of members after change): Hiew Seng - Audit Committee Chairman
Lim Tian Huat - Audit Committee member
Fong Seow Kee - Audit Committee member
EFUTURE - Change in Audit Committee
Announcement Type: Change in Audit CommitteeCompany Name: ECOFUTURE BHD (ACE Market)Stock Name: EFUTUREDate Announced: 25/06/2010
Announcement Detail:Date of change: 21/06/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Fong Seow Kee
Age: 52
Nationality: Malaysian
Qualifications: BA (Hons) Economics and Social Studies, University of Manchester, United Kingdom
Fellow, Institute of Chartered Accountants in England & Wales
Chartered Accountant, Malaysian Institute of Accountants
Working experience and occupation: Mr Fong has 30 years working experience in the finance industry. After qualifying as a Chartered Accountant in England, he worked in investment banking in Malaysia, Hong Kong and Singapore. Since 1992, he has held senior positions in corporate finance and venture capital in Singapore and Malaysia. In 2001, he co-founded an investment management and advisory firm which currently manages a venture capital fund for a government owned entity. Mr Fong has been chairman of the Malaysian Venture Capital and Private Equity Association since 2008 and was previously audit committee chairman of an ACE Market company. He was member of the industry working group formed to provide industry feedback to regulators on the capital market reform announced in 2009.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Composition of Audit Committee (Name and Directorate of members after change): Hiew Seng - Audit Committee Chairman
Lim Tian Huat - Audit Committee member
Fong Seow Kee - Audit Committee member
INNITY - General Announcement
Announcement Type: General AnnouncementCompany Name: INNITY CORPORATION BERHAD (ACE Market)Stock Name: INNITYDate Announced: 25/06/2010
Announcement Detail:Admission Sponsor: RHB Investment Bank Bhd
Sponsor: OSK Investment Bank Bhd
Type: Announcement
Subject: INNITY CORPORATION BERHAD ("INNITY" or "the Company")
- CONCLUSION OF THE THIRD ANNUAL GENERAL MEETING
Contents: The Board of Directors of INNITY wishes to announce that all resolutions set out in the Notice of the Third Annual General Meeting ("3rd AGM") dated 3 June 2010, were duly passed by the shareholders of the Company at the 3rd AGM held at Green 2, Jalan Club Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan on Friday, 25 June 2010 at 9.30 a.m.
This announcement is dated 25 June 2010.
INNITY - ACQUISITION OF 100% EQUITY INTEREST IN DOMEDIA ASIA SDN. BHD.
Announcement Type: General AnnouncementCompany Name: INNITY CORPORATION BERHAD (ACE Market)Stock Name: INNITYDate Announced: 25/06/2010
Announcement Detail:Admission Sponsor: RHB Investment Bank Bhd
Sponsor: OSK Investment Bank Bhd
Type: Announcement
Subject: ACQUISITION OF 100% EQUITY INTEREST IN DOMEDIA ASIA SDN. BHD.
Contents: The Board of Directors of Innity Corporation Berhad ("ICB" or "the Company") wishes to announce that Innity Sdn. Bhd., a wholly-owned subsidiary of ICB, had on 25 June 2010 acquired 100% equity interest in DoMedia Asia Sdn. Bhd. (902580-D) ("DoMedia") comprising two (2) ordinary shares of RM1.00 each for a nominal cash consideration of RM2.00 ("the Acquisition"), thus rendering DoMedia to be a wholly-owned sub-subsidiary of the Company.
DoMedia was incorporated on 27 May 2010 under the Companies Act, 1965. The authorised share capital of DoMedia is RM500,000.00 divided into 500,000 ordinary shares of RM1.00 each of which two (2) ordinary shares of RM1.00 each were issued and fully paid up.
DoMedia is currently dormant. The intended principal activity of DoMedia is to undertake outdoor and non-outdoor advertising business, event management and carrying out related advertisement production works, advertising contractor and agent and sale of advertising spaces.
The Acquisition would not have any material effect on the share capital, shareholding structure, net assets and earnings of ICB.
Save for Phang Chee Leong and Looa Hong Tuan who are the common directors of both ICB and DoMedia, none of the other directors and/or major shareholders of ICB or persons connected to the directors and/or major shareholders of ICB have any interest, direct or indirect in the above Acquisition.
This announcement is dated 25 June 2010.
BJTOTO - General Announcement
Announcement Type: General AnnouncementCompany Name: BERJAYA SPORTS TOTO BERHADStock Name: BJTOTODate Announced: 25/06/2010
Announcement Detail:Type: Announcement
Subject: Dealings in securities of Berjaya Sports Toto Berhad ("the Company") 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 Company wishes to announce the dealing in the shares of the Company by Tan Sri Dato' Seri Vincent Tan Chee Yioun ("TSVT"), the Managing Director/Chief Executive Officer of Sports Toto Malaysia Sdn Bhd, a major subsidiary of the Company as set out in the table below.
BJCORP - General Announcement
Announcement Type: General AnnouncementCompany Name: BERJAYA CORPORATION BERHADStock Name: BJCORPDate Announced: 25/06/2010
Announcement Detail:Type: Announcement
Subject: BERJAYA CORPORATION BERHAD ("BCORPORATION")
PURCHASE OF ORDINARY SHARES OF RM0.10 EACH IN BERJAYA SPORTS TOTO BERHAD ("BTOTO") IN THE OPEN MARKET
Contents: .
BJCORP - Announcement by Cosway Corporation Limited
Announcement Type: General AnnouncementCompany Name: BERJAYA CORPORATION BERHADStock Name: BJCORPDate Announced: 25/06/2010
Announcement Detail:Type: Announcement
Subject: Announcement by Cosway Corporation Limited
Contents: The Company is pleased to attach herewith the announcement to the Stock Exchange of Hong Kong Limited ("HKEx") on 25 June 2010, by Cosway Corporation Limited (formerly known as Berjaya Holdings (HK) Limited), a 72.94% owned indirect subsidiary of BCorporation which is listed on the HKEx.
Attachments: CCL announcement 25 June 2010.pdf
E&O - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate AnnouncementCompany Name: EASTERN & ORIENTAL BERHADStock Name: E&ODate Announced: 25/06/2010
Announcement Detail:Date of buy back: 25/06/2010
Description of shares purchased: Ordinary stock units of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,200,000
Minimum price paid for each share purchased ($$): 0.920
Maximum price paid for each share purchased ($$): 0.935
Total consideration paid ($$): 1,124,096.66
Number of shares purchased retained in treasury (units): 1,200,000
Cumulative net outstanding treasury shares as at to-date (units): 26,645,800
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.45