BERNAS - General Announcement
Announcement Type: General Announcement
Company Name: PADIBERAS NASIONAL BERHAD
Stock Name: BERNAS
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: PADIBERAS NASIONAL BERHAD ("BERNAS" OR "THE COMPANY")
PROPOSED SHAREHOLDERS' AGREEMENT BETWEEN SUBUR MAJUBUMI SDN BHD ("SUBUR MAJUBUMI"), BERKAT BERINGIN SDN BHD ("BERKAT BERINGIN") AND KNC MASYHUR SDN BHD ("KNC MASYHUR") ("PROPOSED JOINT VENTURE")
Contents: 1.0 INTRODUCTION
The Board of Directors of Padiberas Nasional Berhad ("BERNAS" or "the Company") is pleased to announce that its wholly-owned subsidiaries, Subur Majubumi Sdn Bhd ("Subur Majubumi") and Berkat Beringin Sdn Bhd ("Berkat Beringin") had on 10 January 2011 entered into a Shareholders' Agreement with KNC Masyhur Sdn Bhd ("KNC Masyhur").
Berkat Beringin will be used as the joint venture vehicle for the purpose of carrying out the business which involves paddy procurement, drying and milling and rice processing and packaging.
2.0 INFORMATION OF THE COMPANIES
2.1 Subur Majubumi
Subur Majubumi was incorporated under the Companies Act, 1965 as a private limited company on 10 October 2010 and is a wholly-owned subsidiary of BERNAS. The principal activity of Subur Majubumi is as an investment holding company.
The authorized share capital of Subur Majubumi is RM100,000 comprising 100,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 have been issued and fully paid-up.
2.2 Berkat Beringin
Berkat Beringin, a wholly-owned subsidiary of Subur Majubumi, was incorporated under the Companies Act, 1965 as a private limited company on 10 October 2010. The intended principal activities of Berkat Beringin involve paddy procurement, drying and milling and rice processing and packaging.
The authorized share capital of Berkat Beringin is RM100,000 comprising 100,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 have been issued and fully paid-up.
2.3 KNC Masyhur
KNC Masyhur was incorporated under the Companies Act, 1965 as a private limited company on 8 July 2010. The principal activities of KNC Masyhur are rice mills, merchants, planters, growers, cultivators, general traders and investment holdings.
The authorized share capital of KNC Masyhur is RM100,000 comprising 100,000 ordinary shares of RM1.00 each of which 50,000 ordinary shares of RM1.00 have been issued and fully paid-up.
3. SALIENT TERMS OF THE SHAREHOLDERS' AGREEMENT
The terms of the Shareholders' Agreement shall become effective and enforceable against the Parties and the respective ultimate shareholding percentages in Berkat Beringin shall be as set out as Appendix 1.
The Proposed Joint Venture is subject to the terms and conditions of the Shareholders' Agreement.
4. RATIONALE OF THE PROPOSED JOINT VENTURE
The Proposed Joint Venture forms part of BERNAS' requirement for drying and milling capacity for paddy and rice operations.
5. FINANCIAL EFFECTS OF THE PROPOSED JOINT VENTURE
The Proposed Joint Venture is not expected to have a material effect on the earnings of BERNAS Group for the financial year ending 31 December 2011.
6. APPROVALS REQUIRED FOR THE PROPOSED JOINT VENTURE
The Proposed Joint Venture is not subject to approval from any authorities or shareholders of BERNAS.
7. DIRECTORS'/SHAREHOLDERS' INTERESTS
None of the Directors, substantial shareholders of BERNAS and/or persons connected to them have any interest, direct or indirect, in the Proposed Joint Venture.
8. DIRECTORS' STATEMENT
The board of directors of BERNAS is of the opinion that the Proposed Joint Venture is in the best interest of BERNAS and its shareholders.
9. DOCUMENTS FOR INSPECTION
A copy of the Shareholders' Agreements will be available for inspection at the registered office of BERNAS at Level 31, Menara HLA, No.3, Jalan Kia Peng, 50450 Kuala Lumpur during normal business hours from Monday to Friday (except for public holidays) for a period of one (1) month from the date of this announcement.
This announcement is dated 10 January 2011.
Company Name: PADIBERAS NASIONAL BERHAD
Stock Name: BERNAS
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: PADIBERAS NASIONAL BERHAD ("BERNAS" OR "THE COMPANY")
PROPOSED SHAREHOLDERS' AGREEMENT BETWEEN SUBUR MAJUBUMI SDN BHD ("SUBUR MAJUBUMI"), BERKAT BERINGIN SDN BHD ("BERKAT BERINGIN") AND KNC MASYHUR SDN BHD ("KNC MASYHUR") ("PROPOSED JOINT VENTURE")
Contents: 1.0 INTRODUCTION
The Board of Directors of Padiberas Nasional Berhad ("BERNAS" or "the Company") is pleased to announce that its wholly-owned subsidiaries, Subur Majubumi Sdn Bhd ("Subur Majubumi") and Berkat Beringin Sdn Bhd ("Berkat Beringin") had on 10 January 2011 entered into a Shareholders' Agreement with KNC Masyhur Sdn Bhd ("KNC Masyhur").
Berkat Beringin will be used as the joint venture vehicle for the purpose of carrying out the business which involves paddy procurement, drying and milling and rice processing and packaging.
2.0 INFORMATION OF THE COMPANIES
2.1 Subur Majubumi
Subur Majubumi was incorporated under the Companies Act, 1965 as a private limited company on 10 October 2010 and is a wholly-owned subsidiary of BERNAS. The principal activity of Subur Majubumi is as an investment holding company.
The authorized share capital of Subur Majubumi is RM100,000 comprising 100,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 have been issued and fully paid-up.
2.2 Berkat Beringin
Berkat Beringin, a wholly-owned subsidiary of Subur Majubumi, was incorporated under the Companies Act, 1965 as a private limited company on 10 October 2010. The intended principal activities of Berkat Beringin involve paddy procurement, drying and milling and rice processing and packaging.
The authorized share capital of Berkat Beringin is RM100,000 comprising 100,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 have been issued and fully paid-up.
2.3 KNC Masyhur
KNC Masyhur was incorporated under the Companies Act, 1965 as a private limited company on 8 July 2010. The principal activities of KNC Masyhur are rice mills, merchants, planters, growers, cultivators, general traders and investment holdings.
The authorized share capital of KNC Masyhur is RM100,000 comprising 100,000 ordinary shares of RM1.00 each of which 50,000 ordinary shares of RM1.00 have been issued and fully paid-up.
3. SALIENT TERMS OF THE SHAREHOLDERS' AGREEMENT
The terms of the Shareholders' Agreement shall become effective and enforceable against the Parties and the respective ultimate shareholding percentages in Berkat Beringin shall be as set out as Appendix 1.
The Proposed Joint Venture is subject to the terms and conditions of the Shareholders' Agreement.
4. RATIONALE OF THE PROPOSED JOINT VENTURE
The Proposed Joint Venture forms part of BERNAS' requirement for drying and milling capacity for paddy and rice operations.
5. FINANCIAL EFFECTS OF THE PROPOSED JOINT VENTURE
The Proposed Joint Venture is not expected to have a material effect on the earnings of BERNAS Group for the financial year ending 31 December 2011.
6. APPROVALS REQUIRED FOR THE PROPOSED JOINT VENTURE
The Proposed Joint Venture is not subject to approval from any authorities or shareholders of BERNAS.
7. DIRECTORS'/SHAREHOLDERS' INTERESTS
None of the Directors, substantial shareholders of BERNAS and/or persons connected to them have any interest, direct or indirect, in the Proposed Joint Venture.
8. DIRECTORS' STATEMENT
The board of directors of BERNAS is of the opinion that the Proposed Joint Venture is in the best interest of BERNAS and its shareholders.
9. DOCUMENTS FOR INSPECTION
A copy of the Shareholders' Agreements will be available for inspection at the registered office of BERNAS at Level 31, Menara HLA, No.3, Jalan Kia Peng, 50450 Kuala Lumpur during normal business hours from Monday to Friday (except for public holidays) for a period of one (1) month from the date of this announcement.
This announcement is dated 10 January 2011.
TRANMIL - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: TRANSMILE GROUP BERHAD
Stock Name: TRANMIL
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: TRANSMILE GROUP BERHAD ("TGB" OR THE "COMPANY")
PROPOSED DISPOSAL OF FOUR (4) MD-11F AIRCRAFT BY TRANSMILE AIR SERVICES SDN BHD ("TAS"), A WHOLLY-OWNED SUBSIDIARY OF TGB, FOR A TOTAL CASH CONSIDERATION OF USD68.0 MILLION (THE "PROPOSED DISPOSAL")
Contents: On behalf of the Board of Directors of TGB ("Board"), Kenanga Investment Bank Berhad ("KIBB") is pleased to announce that TAS, a wholly-owned subsidiary of the Company had on 7 January 2011 entered into a Used Aircraft Sale and Purchase Agreement ("SPA") with Federal Express Corporation (the "Buyer"), a company incorporated in the United States of America, to dispose off four (4) MD-11F aircraft at a disposal consideration for each aircraft of USD17.0 million (equivalent to approximately RM52.2 million based on the exchange rate of USD1.00 : RM3.070 as at the date of the SPA), to be satisfied entirely in cash.
Please refer to the attached announcement for details of the Proposed Disposal.
Attachments: Announ_-_Proposed_Disposal_of_MD-11_-_vFinal.pdf
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: TRANSMILE GROUP BERHAD
Stock Name: TRANMIL
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: TRANSMILE GROUP BERHAD ("TGB" OR THE "COMPANY")
PROPOSED DISPOSAL OF FOUR (4) MD-11F AIRCRAFT BY TRANSMILE AIR SERVICES SDN BHD ("TAS"), A WHOLLY-OWNED SUBSIDIARY OF TGB, FOR A TOTAL CASH CONSIDERATION OF USD68.0 MILLION (THE "PROPOSED DISPOSAL")
Contents: On behalf of the Board of Directors of TGB ("Board"), Kenanga Investment Bank Berhad ("KIBB") is pleased to announce that TAS, a wholly-owned subsidiary of the Company had on 7 January 2011 entered into a Used Aircraft Sale and Purchase Agreement ("SPA") with Federal Express Corporation (the "Buyer"), a company incorporated in the United States of America, to dispose off four (4) MD-11F aircraft at a disposal consideration for each aircraft of USD17.0 million (equivalent to approximately RM52.2 million based on the exchange rate of USD1.00 : RM3.070 as at the date of the SPA), to be satisfied entirely in cash.
Please refer to the attached announcement for details of the Proposed Disposal.
Attachments: Announ_-_Proposed_Disposal_of_MD-11_-_vFinal.pdf
JMR - General Announcement
Announcement Type: General Announcement
Company Name: JMR CONGLOMERATION BERHAD
Stock Name: JMR
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF ADDITIONAL 155,256 ORDINARY SHARES OF RM1.00 EACH BY LINK LEX (M) SDN. BHD. ("LLSB"), A WHOLLY-OWNED SUBSIDIARY OF JMR CONGLOMERATION BHD. ("JMR or "the Company") IN THE SHARE CAPITAL OF FOOK LYE ENTERPRISES (M) SDN. BHD. (COMPANY NO. 38250-H)("Fook Lye")FOR THE TOTAL CASH CONSIDERATION OF RM717,599.00.
Contents: Further to the announcement on January 4, 2010 and November 16, 2010, the Board of Directors of JMR wishes to announce that on January 10, 2011, LLSB, a wholly-owned subsidiary of the Company has acquired additional 155,256 Ordinary Shares of RM1.00 each in the share capital of Fook Lye from Mr. Lim Jit Pheow, for the total cash consideration of RM717,599.00 ("Purchase Consideration").
With the said acquisition, the equity interest of LLSB in the share capital of Fook Lye has increased from 81.25% to 98.5%.
The abovementioned acquisition has no effects on the issued and paid-up share capital of JMR, the shareholdings of the substantial shareholders of JMR, the consolidated net assets of JMR and its subsidiaries ("JMR's Group") and will not have any material effect on the earnings per share of the JMR's Group for the year ending March 31, 2011.
None of the Directors and substantial shareholders of JMR and/or persons connected with the Directors and/or substantial shareholders of JMR have any interest, direct or indirect, in the aforesaid acquisition of shares.
The Directors of JMR, after having considered all aspects of the acquisition of shares are of the opinion that the said additional acquisition of shares is in the best interest of JMR and the JMR's Group.
The acqusition of additional shares in Fook Lye by LLSB is not subject to the approval of the shareholders or any other relevant authorities.
This announcement is dated January 10, 2011.
Company Name: JMR CONGLOMERATION BERHAD
Stock Name: JMR
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: ACQUISITION OF ADDITIONAL 155,256 ORDINARY SHARES OF RM1.00 EACH BY LINK LEX (M) SDN. BHD. ("LLSB"), A WHOLLY-OWNED SUBSIDIARY OF JMR CONGLOMERATION BHD. ("JMR or "the Company") IN THE SHARE CAPITAL OF FOOK LYE ENTERPRISES (M) SDN. BHD. (COMPANY NO. 38250-H)("Fook Lye")FOR THE TOTAL CASH CONSIDERATION OF RM717,599.00.
Contents: Further to the announcement on January 4, 2010 and November 16, 2010, the Board of Directors of JMR wishes to announce that on January 10, 2011, LLSB, a wholly-owned subsidiary of the Company has acquired additional 155,256 Ordinary Shares of RM1.00 each in the share capital of Fook Lye from Mr. Lim Jit Pheow, for the total cash consideration of RM717,599.00 ("Purchase Consideration").
With the said acquisition, the equity interest of LLSB in the share capital of Fook Lye has increased from 81.25% to 98.5%.
The abovementioned acquisition has no effects on the issued and paid-up share capital of JMR, the shareholdings of the substantial shareholders of JMR, the consolidated net assets of JMR and its subsidiaries ("JMR's Group") and will not have any material effect on the earnings per share of the JMR's Group for the year ending March 31, 2011.
None of the Directors and substantial shareholders of JMR and/or persons connected with the Directors and/or substantial shareholders of JMR have any interest, direct or indirect, in the aforesaid acquisition of shares.
The Directors of JMR, after having considered all aspects of the acquisition of shares are of the opinion that the said additional acquisition of shares is in the best interest of JMR and the JMR's Group.
The acqusition of additional shares in Fook Lye by LLSB is not subject to the approval of the shareholders or any other relevant authorities.
This announcement is dated January 10, 2011.
TOPGLOV - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 10/01/2011
Announcement Detail:
Date of change: 09/01/2011
Type of change: Demised
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Quah Chin Chye
Age: 56
Nationality: Malaysian
Qualifications: i) Fellow member of The Chartered Institute of
Management Accountants (UK)
ii) Registered member of the Malaysian Institute of
Accountants
iii) Associate member of the Chartered Institute of Marketing (UK)
Working experience and occupation: Mr. Quah gained vast experience having worked more than ten (10) years with both the American and British multi-national companies holding various senior management positions. He sits on the Board of several private limited companies. Prior to this, he was with another diversified group listed on the Main Market of Bursa Malaysia Securities Berhad for approximately six (6) years.
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): Tan Sri Dato' Seri Arshad Bin Ayub
-Independent Non-Executive Director, Chairman of the Audit Committee
Sekarajasekaran a/l Arasaratnam
-Independent Non-Executive Director
Remarks: Mr. Quah was also a committee member of Nomination and Remuneration Committee of Top Glove Corporation Bhd.
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 10/01/2011
Announcement Detail:
Date of change: 09/01/2011
Type of change: Demised
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Quah Chin Chye
Age: 56
Nationality: Malaysian
Qualifications: i) Fellow member of The Chartered Institute of
Management Accountants (UK)
ii) Registered member of the Malaysian Institute of
Accountants
iii) Associate member of the Chartered Institute of Marketing (UK)
Working experience and occupation: Mr. Quah gained vast experience having worked more than ten (10) years with both the American and British multi-national companies holding various senior management positions. He sits on the Board of several private limited companies. Prior to this, he was with another diversified group listed on the Main Market of Bursa Malaysia Securities Berhad for approximately six (6) years.
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): Tan Sri Dato' Seri Arshad Bin Ayub
-Independent Non-Executive Director, Chairman of the Audit Committee
Sekarajasekaran a/l Arasaratnam
-Independent Non-Executive Director
Remarks: Mr. Quah was also a committee member of Nomination and Remuneration Committee of Top Glove Corporation Bhd.
TOPGLOV - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 10/01/2011
Announcement Detail:
Date of change: 09/01/2011
Type of change: Demised
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: Quah Chin Chye
Age: 56
Nationality: Malaysian
Qualifications: i) Fellow member of The Chartered Institute of
Management Accountants (UK)
ii) Registered member of the Malaysian Institute of
Accountants
iii) Associate member of the Chartered Institute of Marketing (UK)
Working experience and occupation: Mr. Quah gained vast experience having worked more than ten (10) years with both the American and British multi-national companies holding various senior management positions. He sits on the Board of several private limited companies. Prior to this, he was with another diversified group listed on the Main Market of Bursa Malaysia Securities Berhad for approximately six (6) years.
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
Remarks: Mr Quah was also a Senior Independent Non-Executive Director of Top Glove Corporation Bhd.
Company Name: TOP GLOVE CORPORATION BHD
Stock Name: TOPGLOV
Date Announced: 10/01/2011
Announcement Detail:
Date of change: 09/01/2011
Type of change: Demised
Designation: Non-Executive Director
Directorate: Independent & Non Executive
Name: Quah Chin Chye
Age: 56
Nationality: Malaysian
Qualifications: i) Fellow member of The Chartered Institute of
Management Accountants (UK)
ii) Registered member of the Malaysian Institute of
Accountants
iii) Associate member of the Chartered Institute of Marketing (UK)
Working experience and occupation: Mr. Quah gained vast experience having worked more than ten (10) years with both the American and British multi-national companies holding various senior management positions. He sits on the Board of several private limited companies. Prior to this, he was with another diversified group listed on the Main Market of Bursa Malaysia Securities Berhad for approximately six (6) years.
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
Remarks: Mr Quah was also a Senior Independent Non-Executive Director of Top Glove Corporation Bhd.
DNONCE - General Announcement
Announcement Type: General Announcement
Company Name: D'NONCE TECHNOLOGY BHD
Stock Name: DNONCE
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: Proposed Acquisition by D'nonce Technology Bhd of 30% equity interest in ISCM Technology (Thailand) Co. Ltd. ("ISCMT"), comprising 300,000 ordinary shares of Baht 100 each ("Sale Shares") for a total cash consideration of RM7.5 million ("Proposed Acquisition")
Contents: Refer to the attachment.
Attachments: acq balance equity in ISCMT Group(final).doc
Company Name: D'NONCE TECHNOLOGY BHD
Stock Name: DNONCE
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: Proposed Acquisition by D'nonce Technology Bhd of 30% equity interest in ISCM Technology (Thailand) Co. Ltd. ("ISCMT"), comprising 300,000 ordinary shares of Baht 100 each ("Sale Shares") for a total cash consideration of RM7.5 million ("Proposed Acquisition")
Contents: Refer to the attachment.
Attachments: acq balance equity in ISCMT Group(final).doc
EKIB - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: EMAS KIARA INDUSTRIES BERHAD
Stock Name: EKIB
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: EMAS KIARA INDUSTRIES BERHAD ("EMAS KIARA" OR THE "COMPANY")
PROPOSED DISPOSAL OF THE BUSINESS OF EMAS KIARA AND THE RELEVANT SUBSIDIARIES FOR A TOTAL CASH CONSIDERATION OF RM100.0 MILLION ("PROPOSED DISPOSAL")
Contents: We refer to the announcement dated 15 November 2010 on the Proposed Disposal ("Announcement"). The abbreviations used in this announcement are consistent with the earlier announcement.
In Section 7 of the announcement the following statement was made:
"In addition, Bursa Securities may also classify Emas Kiara as an affected listed issuer under Practice Note 17 of the Listing Requirements ("PN17") upon completion of the Proposed Disposal as Emas Kiara may have deemed to have triggered the following prescribed criterias under PN17:
(i) suspended or ceased all of its business or entire operations as a result of the Proposed Disposal; or
(ii) have an insignificant business or operations after the Proposed Disposal."
After the completion of the Proposed Disposal, Emas Kiara and the Vendors shall retain their business related to supply and installation and engineering services of the Products and would still have contracts-in-hand to fulfill. On this basis, on behalf of the Board of Directors of Emas Kiara, Hong Leong Investment Bank Berhad wishes to clarify that upon completion of the Proposed Disposal, Emas Kiara would not be deemed to have triggered either of the abovementioned criterias under PN17.
An announcement will be made if Emas Kiara is deemed to have triggered any of the criterias of PN17 under the Listing Requirements.
This announcement is dated 10 January 2011.
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: EMAS KIARA INDUSTRIES BERHAD
Stock Name: EKIB
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: EMAS KIARA INDUSTRIES BERHAD ("EMAS KIARA" OR THE "COMPANY")
PROPOSED DISPOSAL OF THE BUSINESS OF EMAS KIARA AND THE RELEVANT SUBSIDIARIES FOR A TOTAL CASH CONSIDERATION OF RM100.0 MILLION ("PROPOSED DISPOSAL")
Contents: We refer to the announcement dated 15 November 2010 on the Proposed Disposal ("Announcement"). The abbreviations used in this announcement are consistent with the earlier announcement.
In Section 7 of the announcement the following statement was made:
"In addition, Bursa Securities may also classify Emas Kiara as an affected listed issuer under Practice Note 17 of the Listing Requirements ("PN17") upon completion of the Proposed Disposal as Emas Kiara may have deemed to have triggered the following prescribed criterias under PN17:
(i) suspended or ceased all of its business or entire operations as a result of the Proposed Disposal; or
(ii) have an insignificant business or operations after the Proposed Disposal."
After the completion of the Proposed Disposal, Emas Kiara and the Vendors shall retain their business related to supply and installation and engineering services of the Products and would still have contracts-in-hand to fulfill. On this basis, on behalf of the Board of Directors of Emas Kiara, Hong Leong Investment Bank Berhad wishes to clarify that upon completion of the Proposed Disposal, Emas Kiara would not be deemed to have triggered either of the abovementioned criterias under PN17.
An announcement will be made if Emas Kiara is deemed to have triggered any of the criterias of PN17 under the Listing Requirements.
This announcement is dated 10 January 2011.
EPMB - 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: EP MANUFACTURING BHD
Stock Name: EPMB
Date Announced: 10/01/2011
Announcement Detail:
Date of buy back from: 29/12/2010
Date of buy back to: 30/12/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 42,000
Minimum price paid for each share purchased ($$): 0.550
Maximum price paid for each share purchased ($$): 0.560
Total amount paid for shares purchased ($$): 23,465.77
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 42,000
Total number of shares retained in treasury (units): 4,392,900
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 10/01/2011
Lodged by: EP Manufacturing Bhd
Company Name: EP MANUFACTURING BHD
Stock Name: EPMB
Date Announced: 10/01/2011
Announcement Detail:
Date of buy back from: 29/12/2010
Date of buy back to: 30/12/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 42,000
Minimum price paid for each share purchased ($$): 0.550
Maximum price paid for each share purchased ($$): 0.560
Total amount paid for shares purchased ($$): 23,465.77
The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units): 42,000
Total number of shares retained in treasury (units): 4,392,900
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: 0
Date lodged with registrar of companies: 10/01/2011
Lodged by: EP Manufacturing Bhd
EPMB - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: EP MANUFACTURING BHD
Stock Name: EPMB
Date Announced: 10/01/2011
Announcement Detail:
Date of buy back: 10/01/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 100,000
Minimum price paid for each share purchased ($$): 0.600
Maximum price paid for each share purchased ($$): 0.610
Total consideration paid ($$): 60,718.76
Number of shares purchased retained in treasury (units): 100,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,492,900
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.71
Company Name: EP MANUFACTURING BHD
Stock Name: EPMB
Date Announced: 10/01/2011
Announcement Detail:
Date of buy back: 10/01/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 100,000
Minimum price paid for each share purchased ($$): 0.600
Maximum price paid for each share purchased ($$): 0.610
Total consideration paid ($$): 60,718.76
Number of shares purchased retained in treasury (units): 100,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 4,492,900
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 (%): 2.71
LEESK - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: LEE SWEE KIAT GROUP BERHAD
Stock Name: LEESK
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: LEE SWEE KIAT GROUP BERHAD ("LSKG") OR "THE COMPANY")
EXTENSION OF TIME BY THE SECURITIES COMMISSION MALAYSIA FOR COMPLIANCE OF BUMIPUTERA EQUITY CONDITIONS
Contents: On behalf of the Board of Directors of LSKG, OSK Investment Bank Berhad ("OSK") wishes to announce that the Securities Commission Malaysia ("SC") had vide its letter dated 7 January 2011 approved the application of waiver to submit an action plan within six (6) months from the SC's approval letter dated 19 May 2009 and to make submission to the Ministry of International Trade and Industry ("MITI") for the allocation of shares to Bumiputera investors, for the purpose of complying with the Bumiputera equity condition imposed.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: LEE SWEE KIAT GROUP BERHAD
Stock Name: LEESK
Date Announced: 10/01/2011
Announcement Detail:
Type: Announcement
Subject: LEE SWEE KIAT GROUP BERHAD ("LSKG") OR "THE COMPANY")
EXTENSION OF TIME BY THE SECURITIES COMMISSION MALAYSIA FOR COMPLIANCE OF BUMIPUTERA EQUITY CONDITIONS
Contents: On behalf of the Board of Directors of LSKG, OSK Investment Bank Berhad ("OSK") wishes to announce that the Securities Commission Malaysia ("SC") had vide its letter dated 7 January 2011 approved the application of waiver to submit an action plan within six (6) months from the SC's approval letter dated 19 May 2009 and to make submission to the Ministry of International Trade and Industry ("MITI") for the allocation of shares to Bumiputera investors, for the purpose of complying with the Bumiputera equity condition imposed.
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