January 4, 2011

Company announcements: IVORY, BIG, SUPPORT, STONE, RESINTC, SCNWOLF, GFB, SALCON

IVORY - General Announcement

Announcement Type: General Announcement
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 04/01/2011

Announcement Detail:
Type: Announcement

Subject: IVORY PROPERTIES GROUP BERHAD ("Ivory")
- Notification by Principal Officer of His Dealings In Securities of Ivory Outside Closed Period

Contents: Pursuant to Paragraph 14.09 of the Listing Requirements of Bursa Malaysia Securities Berhad, I, Lim Kin Lian hereby give notice of my dealings in the ordinary shares of IVORY outside closed period as set out in table as appended:-


BIG - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: B.I.G. INDUSTRIES BERHAD
Stock Name: BIG
Date Announced: 04/01/2011

Announcement Detail:
Type: Announcement

Subject: B.I.G INDUSTRIES BERHAD ("BIG" OR THE "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED RIGHTS ISSUE; AND
(III) PROPOSED AMENDMENTS.

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 8 December 2010 in relation to the Proposals.

We refer to the announcements dated 8 December 2010 and 13 December 2010 in relation to the above.

On behalf of BIG, PM Securities wishes to announce that the Controller of Foreign Exchange (via Bank Negara Malaysia) has vide a letter dated 30 December 2010 which was received today, approved the issuance of the Warrants to non-resident shareholders of BIG pursuant to the Proposed Rights Issue.

This announcement is dated 4 January 2011.


SUPPORT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SUPPORTIVE INTERNATIONAL HOLDINGS BERHAD
Stock Name: SUPPORT
Date Announced: 04/01/2011

Announcement Detail:
Date of buy back: 04/01/2011

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 122,500

Minimum price paid for each share purchased ($$): 1.270

Maximum price paid for each share purchased ($$): 1.300

Total consideration paid ($$): 159,754.86

Number of shares purchased retained in treasury (units): 122,500

Cumulative net outstanding treasury shares as at to-date (units): 8,784,500

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.19

Remarks: The amount paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.


STONE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: STONE MASTER CORPORATION BERHAD
Stock Name: STONE
Date Announced: 04/01/2011

Announcement Detail:
Date of change: 04/01/2011

Type of change: Appointment

Designation: Director

Directorate: Executive

Name: WONG WA TAK, BARRY

Age: 49

Nationality: HONG KONG (CHINESE)

Qualifications: Professional Training & Certifications -
Mr Wong Wa Tak Barry obtained his Certificate in Directorship from the Hong Kong Baptist University in 2007 and the Certificate Programme in China Accounting, Finance, Taxation and Law from The Chinese University of Hong Kong in the year 2000.

Professional Memberships - He is a Fellow Member of the Hong Kong Institute of Directors.

Education & Academic Qualifications -
Mr Wong Wa Tak, Barry graduated from the Hong Kong Polytechnic with a Diploma in Maritime Science in 1983. Subsequently, he obtained his Master of Science in Corporate Governance & Directorship in the year 2009 from the Hong Kong Baptist University.

Working experience and occupation: Professional Career & Working Experiences -
Mr Wong Wa Tak Barry is presently an Executive Director of Sino Prosper State Gold Resources Holdings Limited (formerly known as Sino Prosper Holdings Limited), a company listed on the Hong Kong Stock Exchange (Stock Code 766) dealing in resources development which currently owns two gold mines in the Peoples Republic of China. He is primarily responsible for the company's business development, project management and administration work. His major accomplishment includes the successful conversion of the core business of the company from real estate development to resources development and had also successfully participated and raised over 540 million HK dollars in the capital market for the company in May 2010.

He was formerly the General Manager of Vision Century Holdings Limited, China division (formerly known as Hing Kong Holdings Limited which was formerly Sun Fook Kong Holdings Limited), a Hong Kong listed company (Stock Code 535) for the period from February 1993 to October 2002.

Mr Wong Wa Tak Barry stared his career as a trained Navigating officer in Swire Pacific Management Limited from July 1983 till June 1987. He was the Operation Manager and subsequently, promoted to Chartering Manager of M.T.M.M. Limited, an American & Singaporean joint venture Shipping Company for the period from July 1987 to January 1993. His roles, duties and responsibilities includes the overseeing of small chemical tanker chartering both in voyage charter and time charter, participated in the establishment of the first tanker broker firm in Hong Kong as well as the establishment of a shipping agency department in Hong Kong.

Directorship of public companies (if any): He does not hold any directorship in any public companies in Malaysia other than Stone Master Corporation Berhad.

Family relationship with any director and/or major shareholder of the listed issuer: He has no family relationship with any director and or major shareholder of Stone Master Corporation Berhad.

Any conflict of interests that he/she has with the listed issuer: He has no conflict of interests with Stone Master Corporation Berhad.

Details of any interest in the securities of the listed issuer or its subsidiaries: He does not have any interest in the securities of Stone Master Corporation Berhad or its subsidiaries.


STONE - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: STONE MASTER CORPORATION BERHAD
Stock Name: STONE
Date Announced: 04/01/2011

Announcement Detail:
Date of change: 04/01/2011

Type of change: Resignation

Designation: Chairman & Director

Directorate: Executive

Name: Dato' Haji Abdul Aziz bin Mohamed

Age: 68

Nationality: Malaysian

Qualifications: Dato' Haji Abdul Aziz bin Mohamed holds a Bachelor of Economics and a Post Graduate Degree in Management and Public Administration from the University of Malaya. He is a member of the British Institute of Management (MBIM) as well as the Malaysian Institute of Management (MIM).

He does not have any convictions for any offences within the past ten (10) years.

Working experience and occupation: Dato' Haji Abdul Aziz bin Mohamed served in the Malaysian Administrative and Diplomatic Service up through 1974 with his last post in the Civil Service being that of Assistant Director in the Commodities Division of the Ministry of Primary Industries where he also served as Director of Management and Finance of RISDA in 1972. He joined Harrisons & Crosfield (M) Sdn Bhd as a Commodity Trader and was a Joint Managing Director. He held other significant positions such as Joint Managing Director in Malex Industries Bhd and Perkayuan Tenggara Sdn Bhd and was a Director of Air Cargo operations and insurance at Harrisons & Crosfield (M) Sdn Bhd and left in 1988.

Directorship of public companies (if any): He does hold any directorship with any other public companies.

Family relationship with any director and/or major shareholder of the listed issuer: He does not have any family relationship with any Director and/or major shareholder of the Company.

Any conflict of interests that he/she has with the listed issuer: He has no conflict of interest with the Company.

Details of any interest in the securities of the listed issuer or its subsidiaries: He holds 1,482,193 shares in Stone Master Corporation Berhad which represents 3.53% interests in the Company.


RESINTC - RESINTECH BERHAD ("RESINTECH" OR "COMPANY") - BONUS ISSUE

Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: RESINTECH BERHAD
Stock Name: RESINTC
Date Announced: 04/01/2011

Announcement Detail:
Type: Announcement

Subject: RESINTECH BERHAD ("RESINTECH" OR "COMPANY")
- BONUS ISSUE

Contents: We refer to the announcements dated 27 August 2010, 8 October 2010, 9 December 2010, 16 December 2010, 30 December 2010 and 3 January 2011 in relation to the bonus issue of 39,200,000 new ordinary shares of RM0.50 each in Resintech ("Bonus Shares") to be credited as fully paid-up on the basis of two (2) Bonus Shares for every five (5) existing ordinary shares of RM0.50 each held in Resintech on 3 January 2011 ("Bonus Issue").

On behalf of the Board of Directors of Resintech, MIMB Investment Bank Berhad is pleased to announce that the Bonus Issue has been completed on 4 January 2011.

This announcement is dated 4 January 2011.


SCNWOLF - 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: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 04/01/2011

Announcement Detail:
Date of buy back from: 22/12/2010

Date of buy back to: 24/12/2010

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 84,000

Minimum price paid for each share purchased ($$): 0.385

Maximum price paid for each share purchased ($$): 0.385

Total amount paid for shares purchased ($$): 32,577.76

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 84,000

Total number of shares retained in treasury (units): 1,231,000

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 04/01/2011

Lodged by: TRICOR CORPORATE SERVICES SDN. BHD.


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: 04/01/2011

Announcement Detail:
Date of buy back: 04/01/2011

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 22,400

Minimum price paid for each share purchased ($$): 1.380

Maximum price paid for each share purchased ($$): 1.390

Total consideration paid ($$): 31,293.72

Number of shares purchased retained in treasury (units): 22,400

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

Cumulative net outstanding treasury shares as at to-date (units): 2,177,600

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 (%): 3.85

Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.

This announcement is dated 04/01/2011.


SALCON - Change in Boardroom (Amended Announcement)

Announcement Type: Change in Boardroom
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 04/01/2011

Announcement Detail:
Date of change: 01/01/2011

Type of change: Resignation

Designation: Director

Directorate: Executive

Name: How See Hock

Age: 55

Nationality: Malaysian

Qualifications: Graduate with a Bachelor Degree in Civil Engineering from University of Singapore in 1980.

Working experience and occupation: Mr How joined Public Works Department of Malaysia and was a design and development Engineer for two (2) years in the State of Kelantan involved in planning and design of rural roads. In 1982, he joined a local construction company, Mudajaya Construction Sdn. Bhd. as site engineer and was involved in the construction of various large scale civil engineering works. In 1983, Mudajaya Construction Sdn. Bhd. was merged with two (2) other construction companies to form IJM Corporation Berhad (IJM), a public listed company in the Bursa Malaysia Securities Berhad. He was then one of the pioneers in charting IJM into greater heights and was holding the post of Project Director before joining Salcon Engineering Berhad ("SEB") in mid 2005 as Chief Operating Officer. He was promoted to Chief Executive Officer of SEB on 31 March 2008.

Directorship of public companies (if any): Salcon Engineering 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: 2,367,900 Ordinary Shares and 469,950 Warrants (Direct Interest)
118,700 Warrants (Deemed Interest)

Remarks: The 118,700 Warrants are deemed interest held through his spouse.

This is to clarify that Mr. How See Hock's resignation as Director of Salcon Berhad is effective on 1 January 2011 and he shall remain as Chief Executive Officer of Salcon Berhad until 2 March 2011.

Please refer to the Company's annoucement (ref: CU-110104-43099) in respect of his resignation as Chief Executive Officer of Salcon Berhad.


SALCON - Change in Chief Executive Officer

Announcement Type: Change in Chief Executive Officer
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 04/01/2011

Announcement Detail:
Date of change: 02/03/2011

Type of change: Resignation

Name: How See Hock

Age: 55

Nationality: Malaysian

Qualifications: Graduate with a Bachelor Degree in Civil Engineering from University of Singapore in 1980.

Working experience and occupation: Mr How joined Public Works Department of Malaysia and was a design and development Engineer for two (2) years in the State of Kelantan involved in planning and design of rural roads. In 1982, he joined a local construction company, Mudajaya Construction Sdn. Bhd. as site engineer and was involved in the construction of various large scale civil engineering works. In 1983, Mudajaya Construction Sdn. Bhd. was merged with two (2) other construction companies to form IJM Corporation Berhad (IJM), a public listed company in the Bursa Malaysia Securities Berhad. He was then one of the pioneers in charting IJM into greater heights and was holding the post of Project Director before joining Salcon Engineering Berhad ("SEB") in mid 2005 as Chief Operating Officer. He was promoted to Chief Executive Officer of SEB on 31 March 2008.

Directorship of public companies (if any): Salcon Engineering 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 or its subsidiaries: NIL

Details of any interest in the securities of the listed issuer or its subsidiaries: 2,367,900 Ordinary Shares and 469,950 Warrants (Direct Interest)
118,700 Warrants (Deemed Interest)

Remarks: The 118,700 Warrants are deemed interest held through his spouse.



No comments:

Post a Comment