January 6, 2011

Company announcements: APEX, MASTEEL, MNRB, KOBAY, PADINI, CENTURY, PPG, DAIBOCI, PANSAR, SALCON

APEX - General Announcement

Announcement Type: General Announcement
Company Name: APEX EQUITY HOLDINGS BERHAD
Stock Name: APEX
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: Provision of Financial Assistance Pursuant to Paragraph 8.23(1)(ii), 8.23(2)(e) and Practice Note. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad

Contents: Pursuant to Paragraph 8.23(1)(ii), 8.23(2)(e) and Practice Note. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Apex Equity Holdings Berhad ("APEX") wishes to announce that the aggregate amount of financial assistance provided as at 31 December 2010 pursuant to the ordinary course of business of AEH Capital Sdn Bhd (licensed moneylender), a wholly owned subsidiary of APEX, is set out in the attachment below.

The provision of financial assistance as set out above would not have any significant impact to the earnings of APEX Group for the year ending 31 December 2010 as adequate bad debt provisions have been provided in the previous financial years.

Attachments: 31-12-2010.xls


MASTEEL - General Announcement

Announcement Type: General Announcement
Company Name: MALAYSIA STEEL WORKS (KL) BHD
Stock Name: MASTEEL
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: ACQUISITION OF TWO (2) ORDINARY SHARES OF RM1.00 EACH IN THE SHARE CAPITAL OF METROPOLITAN COMMUTER NETWORK SDN BHD BY MALAYSIA STEEL WORKS (KL) BHD ("ACQUISITION")

Contents: Malaysia Steel Works (KL) Bhd ("Masteel" or "the Company") is pleased to announce that it had on 6 January 2011 acquired two (2) Ordinary Shares of RM1.00 each at par representing the entire issued and paid up share capital of Metropolitan Commuter Network Sdn Bhd (Company No: 776516-M) ("MCN") from the following subscribers for a total cash consideration of RM2.00 thereby resulting in MCN becoming a wholly-owned subsidiary of Masteel:-


MNRB - A.M. BEST AFFIRMS RATINGS OF MALAYSIAN REINSURANCE BERHAD

Announcement Type: General Announcement
Company Name: MNRB HOLDINGS BERHAD
Stock Name: MNRB
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: A.M. BEST AFFIRMS RATINGS OF MALAYSIAN REINSURANCE BERHAD

Contents: PRESS RELEASE IMMEDIATE RELEASE


A.M. BEST AFFIRMS RATINGS OF MALAYSIAN REINSURANCE BERHAD

Kuala Lumpur, 6 January 2010 - A.M. Best Co., had on 5 January 2011, reaffirmed the Financial Strength Rating of "A-" (Excellent) and an Issuer Credit Rating of "a-" to Malaysian Reinsurance Berhad or Malaysian Re. A.M. Best also confirmed the outlook for both ratings as Stable.

A copy of the press release issued by A.M. Best dated 5 January 2011 is attached.

Malaysian Re is Malaysia's leading reinsurance company and is a wholly-owned subsidiary of MNRB Holdings Berhad or MNRB. Malaysian Re was first rated by A.M. Best in 2006.

A.M. Best Company, founded in 1899, is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.

-ends-

For further enquiries, kindly contact Puan Noorazimah Tahir (Azie), Vice President & Head of Corporate Communications at Tel No: 03-2096 8120, Fax: 03-2096 7000 or
e-mail to azie@mnrb.com.my

Attachments: AMBEST MALAYSIANRE.pdf


KOBAY - PROPOSED ACQUISITION OF PROPERTY BY SUBSIDIARY

Announcement Type: General Announcement
Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: PROPOSED ACQUISITION OF PROPERTY BY SUBSIDIARY

Contents: On 6 January 2011, Opar Holdings Sdn. Bhd. (276729-T), a wholly owned subsidiary of Kobay Technology Bhd., had entered into a Sale & Purchase Agreement with Woo Brothers Development Sdn. Bhd.(36815-V) to acquire all that piece of land and a 9-storey hotel building known as Butterworth Travel Lodge, bearing postal address No. 1, Lorong Bagan Luar Satu, 12000 Butterworth, Pulau Pinang for total cash consideration of RM4.5 million.

Attachments: Kobay-Acquisition of Property by Opar.pdf


PADINI - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: PADINI HOLDINGS BERHAD
Stock Name: PADINI
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: PADINI HOLDINGS BERHAD ("Padini" or "the Company")

- PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EACH ORDINARY SHARE OF RM0.50 EACH HELD IN PADINI INTO FIVE ORDINARY SHARES OF RM0.10 EACH ("PROPOSED SHARE SPLIT"); AND

- PROPOSED AMENDMENT TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF PADINI TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED SHARE SPLIT ("PROPOSED AMENDMENT")

(COLLECTIVELY REFERRED TO AS "THE PROPOSALS")

Contents: We refer to the announcement dated 6 October 2010 in relation to the Proposals ("Announcement"). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of the Board of Directors of Padini, RHB Investment Bank Berhad wishes to announce that the Proposed Share Split has been completed following the listing of and quotation of 657,909,500 Subdivided Shares on the Main Market of Bursa Securities with effect from 9.00 a.m. on Thursday, 6 January 2011.

This announcement is dated 6 January 2011


CENTURY - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 06/01/2011

Announcement Detail:
Date of buy back: 06/01/2011

Description of shares purchased: Ordinary Shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 13,000

Minimum price paid for each share purchased ($$): 1.830

Maximum price paid for each share purchased ($$): 1.850

Total consideration paid ($$): 23,852.00

Number of shares purchased retained in treasury (units): 13,000

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 3,461,120

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 (%): 4.22


PPG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: PELANGI PUBLISHING GROUP BHD.
Stock Name: PPG
Date Announced: 06/01/2011

Announcement Detail:
Date of buy back: 06/01/2011

Description of shares purchased: Ordinary Shares

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 76,100

Minimum price paid for each share purchased ($$): 0.445

Maximum price paid for each share purchased ($$): 0.450

Number of shares purchased retained in treasury (units): 76,100

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 1,553,300

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 (%): 1.55


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: 06/01/2011

Announcement Detail:
Date of buy back: 06/01/2011

Description of shares purchased: Ordinary shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 65,000

Minimum price paid for each share purchased ($$): 2.550

Maximum price paid for each share purchased ($$): 2.570

Total consideration paid ($$): 166,855.27

Number of shares purchased retained in treasury (units): 65,000

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 708,100

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 (%): 0.93


PANSAR - PANSAR BERHAD Notification on Dealing in the Securities of the Company Outside Closed Period

Announcement Type: General Announcement
Company Name: PANSAR BERHAD
Stock Name: PANSAR
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: PANSAR BERHAD
Notification on Dealing in the Securities of the Company Outside Closed Period

Contents: In compliance with paragraph 14.09 (a) of the Listing Requirements of Bursa Malaysia Securities Berhad, Dato' Tiong Ing being the wife of Dato' James Tai Cheong @ Tai Chiong hereby give notice of her dealings in the shares of Pansar Berhad as follows:-


SALCON - General Announcement

Announcement Type: General Announcement
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 06/01/2011

Announcement Detail:
Type: Announcement

Subject: Dealing by Principal Officer of Salcon Berhad ("Salcon") 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 following Principal Officer of Salcon had transacted in the securities of Salcon, as set out below:-



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