GLOBALC - Change in Boardroom
Announcement Type: Change in BoardroomCompany Name: GLOBAL CARRIERS BERHADStock Name: GLOBALCDate Announced: 30/12/2010
Announcement Detail:Date of change: 01/01/2011
Type of change: Redesignation
Previous Position: Chairman & Executive Director
New Position: Others
Directorate: Non Independent & Non Executive
Name: Dato' Azlan Bin Hashim
Age: 69
Nationality: Malaysian
Qualifications: FCA (Ireland), CPM, FIBM, Fellow EDI (Washington DC)
Working experience and occupation: -
Directorship of public companies (if any): AMMB Holdings Berhad, Metrod (M) Berhad, Paramount Corporation Berhad, Sapura Motors Berhad, Kumpulan Peransang Selangor Berhad and Kumpulan Hartanah Selangor Berhad.
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: 6.43% Direct Shareholding
Remarks: The position of Executive Chairman redesignated to Non Executive Chairman/Non Executive Director.
DIALOG - AWARD FROM ASEAN BINTULU FERTILIZER SDN BHD
Announcement Type: General AnnouncementCompany Name: DIALOG GROUP BERHADStock Name: DIALOGDate Announced: 30/12/2010
Announcement Detail:Type: Announcement
Subject: AWARD FROM ASEAN BINTULU FERTILIZER SDN BHD
Contents: Dialog Group Berhad ("DIALOG") is pleased to announce that its subsidiary, Dialog E & C Sdn Bhd ("Dialog E & C") has on 29 December 2010 received an award from Asean Bintulu Fertilizer Sdn Bhd ("ABF"), dated 28 December 2010 ("the Award"), for the provision of Engineering, Procurement, Construction, Commissioning and Associated Works of ABF new cooling tower at Bintulu, Sarawak (Rescue Package) ("the Project") with a value of RM64.6 million ("Contract Value").
Please refer to the attachment for the details of the announcement.
Attachments: Announcement - Award from Asean Bintulu Fertilizer Sdn Bhd.pdf
AXIS - General Announcement
Announcement Type: General AnnouncementCompany Name: AXIS INCORPORATION BERHADStock Name: AXISDate Announced: 30/12/2010
Announcement Detail:Type: Announcement
Subject: AXIS INCORPORATION BERHAD ("Axis")
- Monthly Announcement pursuant to Practice Note 1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Contents: The Board of Directors of Axis wishes to inform that since the last announcements made on 17 December 2010 and 20 December 2010 respectively, there has been no further material development as at the date of this announcement.
This announcement is made on 30 December 2010
HPI - General Announcement
Announcement Type: General AnnouncementSubmitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: HPI RESOURCES BERHADStock Name: HPIDate Announced: 30/12/2010
Announcement Detail:Type: Announcement
Subject: HPI RESOURCES BERHAD ("HPI" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HPI ("PROPOSED PRIVATE PLACEMENT")
Contents: Further to the Company's announcements dated 2 November 2010, 23 November 2010 and 30 November 2010, Kenanga Investment Bank Berhad ("KIBB"), on behalf of the Board of Directors of HPI, is pleased to announce that the Board has fixed the issue price for the final tranche placement of 1,200,000 new ordinary shares of RM1.00 each in HPI ("Placement Shares") to be issued pursuant to the Proposed Private Placement at an issue price of RM1.90 per Placement Share ("Issue Price").
The Issue Price represents a discount of approximately 9.09% to the five (5)-market day volume weighted average market price of HPI Shares from 23 December 2010 to 29 December 2010 of RM2.09.
This announcement is dated 30 December 2010.
DENKO - Change in Audit Committee
Announcement Type: Change in Audit CommitteeSubmitting Merchant Bank: CJ-101224-61870
Company Name: DENKO INDUSTRIAL CORPORATION BERHADStock Name: DENKODate Announced: 30/12/2010
Announcement Detail:Date of change: 27/12/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Tan King Tai @ Tan Khoon Hai
Age: 55
Nationality: Malaysian
Qualifications: He holds a Master of Business Administration degree majoring in Accounting and Finance from Clayton University, United States of America and a bachelor degree in Accounting and Finance from University of Bolton, United Kingdom. He is a member of the Institute of Certified Public Accountants, Ireland and is currently the President of the Malaysian Association of Companies Secretaries.
Working experience and occupation: He has over 31 years of working experience in the fields of auditing, accounting and company secretarial services. With effect from 30 June 2009, he was appointed as an Executive Director/Finance Director of Muar Ban Lee Group Berhad, a company listed on Bursa Malaysia Securities Berhad. He also sits on the board of several private limited companies.
Directorship of public companies (if any): He also sits on the board of Pensonic Holdings Berhad and Unimech Group Berhad.
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
Composition of Audit Committee (Name and Directorate of members after change): Thoolasy Das Ponniah - Chairman
Huang Yan Teo - Member
Tang King Tai @ Tan Khoon Hai - Member
Remarks: It was wrongly stated that Tan Sri Dato' Seri Tan is a President of the Institute of Certified Public Accountants, Ireland.
DENKO - Change in Boardroom (Amended Announcement)
Announcement Type: Change in BoardroomCompany Name: DENKO INDUSTRIAL CORPORATION BERHADStock Name: DENKODate Announced: 30/12/2010
Announcement Detail:Date of change: 27/12/2010
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: Tan King Tai @ Tan Khoon Hai
Age: 55
Nationality: Malaysian
Qualifications: He holds a Master of Business Administration degree majoring in Accounting and Finance from Clayton University, United States of America and a bachelor degree in Accounting and Finance from University of Bolton, United Kingdom. He is a member of the Institute of Certified Public Accountants, Ireland and is currently the President of the Malaysian Association of Companies Secretaries.
Working experience and occupation: He has over 31 years of working experience in the fields of auditing, accounting and company secretarial services. With effect from 30 June 2009, he was appointed as an Executive Director/Finance Director of Muar Ban Lee Group Berhad, a company listed on Bursa Malaysia Securities Berhad. He also sits on the board of several private limited companies.
Directorship of public companies (if any): He also sits on the board of Pensonic Holdings Berhad and Unimech Group Berhad.
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
Remarks: It was wrongly stated that Tan Sri Dato' Seri Tan is a President of the Institute of Certified Public Accountants, Ireland.
KYM - General Announcement
Announcement Type: General AnnouncementCompany Name: KYM HOLDINGS BERHADStock Name: KYMDate Announced: 30/12/2010
Announcement Detail:Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NN-101230-37812
Subject: KYM HOLDINGS BHD. ("KYM" OR THE "COMPANY")
REPLY TO QUERIES IN RESPECT OF THE PROPOSED PRIVATE PLACEMENT OF 5,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN KYM ("KYM SHARES") ("PLACEMENT SHARES") REPRESENTING APPROXIMATELY 5% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF KYM ("PROPOSED PRIVATE PLACEMENT")
Contents: We refer to your query dated 30 December 2010 in relation to the Proposed Private Placement, KYM wishes to announce the following:
1. DETAILS OF DEVELOPMENT EXPENDITURE
Approximately RM3 million of the proceeds raised from the Proposed Private Placement which is allocated for working capital requirements of KYM and its subsidiaries will be utilised for tender expenses and payment to contractors, consultants and suppliers.
2. ISSUANCE OF SHARES DURING THE PRECEEDING TWELVE (12) MONTHS
On 20 January 2010, MIMB Investment Bank Berhad ("MIMB") had on behalf of KYM announced that KYM proposed to undertake a private placement of up to 8,113,450 new KYM Shares representing 10% of the issued and paid-up share capital of KYM which was listed and completed on 5 February 2010 ("Private Placement I"). The issuance of up to 8,113,450 new KYM Shares pursuant to the Private Placement I was based on the general mandate obtained pursuant to Section 132D of the Companies Act, 1965 ("Act") from the shareholders of KYM at its 27th Annual General Meeting ("AGM") convened on 30 July 2009.
On 29 December 2010, MIMB had on behalf of KYM announced that KYM proposed to undertake a proposed private placement of 5,000,000 Placement Shares representing approximately 5% of the issued and paid-up share capital of KYM at RM2.55 per Placement Share to investors to be identified at a later stage. The issuance of 5,000,000 Placement Shares pursuant to the Proposed Private Placement was based on the general mandate obtained pursuant to Section 132D of the Act from the shareholders of KYM at its 28th AGM convened on 28 July 2010.
However, pursuant to Paragraph 6.03 of Bursa Malaysia Securities Berhad ("Bursa Securities") Main Market Listing Requirements ("Listing Requirements"), notwithstanding the existence of a resolution pursuant to Section 132D of the Act, a listed issuer must not issue any shares or convertible securities if the nominal value of those shares or convertible securities, when aggregated with the nominal value of any such shares or convertible securities issued during the preceeding twelve (12) months, exceeds 10% of the nominal value of the issued and paid-up share capital (excluding treasury shares) of the listed issuer except where the shares or convertible securities are issued with the prior shareholder approval in a general meeting of the precise terms and conditions of the issue.
Premise on the above and in compliance to the Listing Requirements, KYM shall ensure that the 5,000,000 Placement Shares will be issued and listed on or after 5 February 2011 being twelve (12) months after the completion of the Private Placement I.
This announcement is dated 30 December 2010.
Query Letter content: We refer to your Company's announcements dated 29 December 2010, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
To elaborate further on the development expenditure and quantify the amount
allocated for this purpose; and
It is noted that 8.1 million KYM shares issued pursuant to a private placement
was listed on 5 February 2010 and Paragraph 6.03 of the Main Market Listing
Requirements ("MMLR") states that a listed issuer must not issue any shares or
convertible securities if the nominal value of those shares or convertible
securities, when aggregated with the nominal value of any such shares or
convertible securities issued during the preceeding 12 months, exceeds 10% of
the nominal value of the issued and paid-up capital (excluding treasury shares)
of the listed issuer.
In this respect, kindly clarify and confirm whether the Proposed Private
Placement will be undertaken in accordance to Paragraph 6.03 of the MMLR.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully,
HENG TECK HENG
Senior Manager, Issuers
Listing Division
Regulation
HTH/NN
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
LBICAP - Dividend in specie (Amended Announcement)
Announcement Type: Entitlements (Notice of Book Closure)Company Name: LBI CAPITAL BERHADStock Name: LBICAPDate Announced: 30/12/2010
Announcement Detail:EX-date: 29/12/2010
Entitlement date: 03/01/2011
Entitlement time: 05:00:00 PM
Entitlement subject: Dividend in specie
Entitlement description: Interim share dividend on the basis of 1 treasury share of LBI for every 20 existing LBI shares of RM1.00 each held in LBI
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: BINA MANAGEMENT (M) SDN. BHD.
LOT 10, THE HIGHWAY CENTRE, JALAN 51/205
46050 PETALING JAYA
SELANGOR DARUL EHSAN
Tel: 603-77843922
Payment date: 18/01/2011
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 03/01/2011
Entitlement indicator: Ratio
Ratio: 1 : 20
Remarks: The entitlement date will be changed from 31 December 2010 to 3 January 2011 due to the reason that 31 December 2010 is a public holiday
BREM - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate AnnouncementCompany Name: BREM HOLDING BERHADStock Name: BREMDate Announced: 30/12/2010
Announcement Detail:Date of buy back: 30/12/2010
Description of shares purchased: Ordinary Shares @ RM1/- Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 5,000
Minimum price paid for each share purchased ($$): 1.280
Maximum price paid for each share purchased ($$): 1.280
Total consideration paid ($$): 6,436.92
Number of shares purchased retained in treasury (units): 5,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 5,346,700
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 (%): 3.83
MTD - General Announcement
Announcement Type: General AnnouncementCompany Name: MTD CAPITAL BHDStock Name: MTDDate Announced: 30/12/2010
Announcement Detail:Type: Announcement
Subject: Application for Acceptance of Lower Percentage of Public Shareholding Spread Pursuant to Paragraph 8.02(1) and Practice Note 19 of Bursa Malaysia Securities Berhad Main Market Listing Requirement
Contents: We refer to our announcements dated 12 November 2010, 26 November 2010 and 29 December 2010.
MTD Capital Bhd ("MTD" or "the Company") wishes to announce that the Company had on 30 December 2010 received a letter dated 29 December 2010 from Bursa Malaysia Securities Berhad ("Bursa Securities"), which rejected the Company's application for acceptance of public shareholding spread percentage lower than 25% as being in compliance with the public shareholding spread requirement pursuant to paragraph 8.02(1) of Bursa Securities Main Market Listing Requirement ("Public Shareholding Spread Requirement").
Bursa Securities had vide the same letter, granted MTD an extension of time of six (6) months until 28 April 2011 to comply with the Public Shareholding Spread Requirement.
As announced on 29 December 2010, the Company is now in compliance with the Public Shareholding Spread Requirement with a percentage of 27.34% in the hands of 1,564 public shareholders based on its Record of Depositors as at 8 December 2010.
This announcement is dated 30 December 2010.