ABRIC - Quarterly rpt on consolidated results for the financial period ended 31/12/2010
Announcement Type: Financial Results
Company Name: ABRIC BERHAD
Stock Name: ABRIC
Date Announced: 16/02/2011
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 4
Quarterly report for the financial period ended: 31/12/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: ABRIC BERHAD
Stock Name: ABRIC
Date Announced: 16/02/2011
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 4
Quarterly report for the financial period ended: 31/12/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
AKN - General Announcement
Announcement Type: General Announcement
Company Name: AKN TECHNOLOGY BHD
Stock Name: AKN
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: KUALA LUMPUR HIGH COURT (COMMERCIAL DIVISION) ORIGINATING SUMMONS NO: D24NCC-245-2010 SERVED ON CHEMICAL COMPANY OF MALAYSIA BERHAD BY AKN TECHNOLOGY BERHAD IN THE MATTER OF:
i) THE SHARES SALES AGREEMENT DATED 23 APRIL 2008 BETWEEN PARAMOUNT DISCOVERY SDN BHD AND CHEMICAL COMPANY OF MALAYSIA BERHAD; AND
ii) THE SUPPLEMENTAL SHARES SALE AGREEMENT DATED 3 JULY 2008 BETWEEN PARAMOUNT DISCOVERY SDN BHD AND CHEMICAL COMPANY OF MALAYSIA BERHAD; AND
iii) THE CONDITIONAL PROFIT GUARANTEE AGREEMENT DATED 23 APRIL 2008 EXECUTED BY AKN TECHNOLOGY BERHAD IN FAVOUR OF CHEMICAL COMPANY OF MALAYSIA BERHAD; AND
iv) THE SUPPLEMENTAL CONDITIONAL PROFIT GUARANTEE AGREEMENT DATED 3 JULY EXECUTED BY AKN TECHNOLOGY BERHAD IN FAVOUR OF CHEMICAL COMPANY OF MALAYSIA BERHAD.
Company Name: AKN TECHNOLOGY BHD
Stock Name: AKN
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: KUALA LUMPUR HIGH COURT (COMMERCIAL DIVISION) ORIGINATING SUMMONS NO: D24NCC-245-2010 SERVED ON CHEMICAL COMPANY OF MALAYSIA BERHAD BY AKN TECHNOLOGY BERHAD IN THE MATTER OF:
i) THE SHARES SALES AGREEMENT DATED 23 APRIL 2008 BETWEEN PARAMOUNT DISCOVERY SDN BHD AND CHEMICAL COMPANY OF MALAYSIA BERHAD; AND
ii) THE SUPPLEMENTAL SHARES SALE AGREEMENT DATED 3 JULY 2008 BETWEEN PARAMOUNT DISCOVERY SDN BHD AND CHEMICAL COMPANY OF MALAYSIA BERHAD; AND
iii) THE CONDITIONAL PROFIT GUARANTEE AGREEMENT DATED 23 APRIL 2008 EXECUTED BY AKN TECHNOLOGY BERHAD IN FAVOUR OF CHEMICAL COMPANY OF MALAYSIA BERHAD; AND
iv) THE SUPPLEMENTAL CONDITIONAL PROFIT GUARANTEE AGREEMENT DATED 3 JULY EXECUTED BY AKN TECHNOLOGY BERHAD IN FAVOUR OF CHEMICAL COMPANY OF MALAYSIA BERHAD.
QL - Listing Circular
Announcement Type: Listing Circular
Company Name: QL RESOURCES BERHAD
Stock Name: QL
Date Announced: 16/02/2011
Announcement Detail:
Subject: QL-Issuance Of 41,600,000 New Warrants On The Basis Of 1 Warrant For Every 20 Existing Shares Held In QL ("Warrants Issuance")
Contents: Kindly be advised that QL's 41,600,000 Warrants issued pursuant to the Warrants Issuance will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants on the Main Market under the "Consumer Products" sector, will be granted with effect from 9.00 a.m., Friday, 18 February 2011.
The Stock Number, Stock Short Name and ISIN Code of the Warrants are "7084WA", "QL-WA" and "MYL7084WAN22" respectively.
Company Name: QL RESOURCES BERHAD
Stock Name: QL
Date Announced: 16/02/2011
Announcement Detail:
Subject: QL-Issuance Of 41,600,000 New Warrants On The Basis Of 1 Warrant For Every 20 Existing Shares Held In QL ("Warrants Issuance")
Contents: Kindly be advised that QL's 41,600,000 Warrants issued pursuant to the Warrants Issuance will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants on the Main Market under the "Consumer Products" sector, will be granted with effect from 9.00 a.m., Friday, 18 February 2011.
The Stock Number, Stock Short Name and ISIN Code of the Warrants are "7084WA", "QL-WA" and "MYL7084WAN22" respectively.
QL - General Announcement
Announcement Type: General Announcement
Company Name: QL RESOURCES BERHAD
Stock Name: QL
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Boilermech Holdings Berhad obtained approval for admission, listing and quotation of its entire issued and paid up share capital in the ACE Market of Bursa Securities
Company Name: QL RESOURCES BERHAD
Stock Name: QL
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Boilermech Holdings Berhad obtained approval for admission, listing and quotation of its entire issued and paid up share capital in the ACE Market of Bursa Securities
INGRESS - DISPOSAL OF ENTIRE 49% EQUITY IN MAJU NUSA SDN BHD ("MNSB") ("DIVESTMENT")
Announcement Type: General Announcement
Company Name: INGRESS CORPORATION BERHAD
Stock Name: INGRESS
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: DISPOSAL OF ENTIRE 49% EQUITY IN MAJU NUSA SDN BHD ("MNSB") ("DIVESTMENT")
Contents: 1. INTRODUCTION
On behalf of the Board of Directors of Ingress, we wish to announce that we have executed a Sale and Purchase of Shares Agreement ("SPSA") dated 16 February 2011 to divest our entire 960,000 ordinary shares ("Sale Shares") of RM1.00 each, representing 49% equity share in MNSB ("the Company"), to Shahruddin bin Salehuddin ("SBS") and Arif Feizal bin Bahari ("AFB") (both referred to as "the Purchasers") for a consideration of RM100,000 ("Sales Consideration").
2. DETAILS ON THE DIVESTMENT
2.1 Background Information on MNSB
MNSB is incorporated in Malaysia under the Companies Act, 1965 on 28 September 1993. The Company has an authorised share capital of RM5,000,000 comprising 5,000,000 ordinary shares of RM1.00 each, of which only 1,960,000 shares have been issued and fully paid. Before the Divestment, Ingress held 960,000 ordinary shares or approximately 49% while the remaining 1,000,000 ordinary shares or approximately 51% was held by a company by the name CDIQ Labs Sdn Bhd ("CDIQ"). Upon the completion of the Divestment, MNSB will cease to be an associate company of Ingress.
MNSB is, inter alia, engaged in the business of supplying and providing multimedia communication works.
2.2 Background Information on the Purchasers
Shahruddin bin Salehuddin is currently a Vice President for the Centre of Excellence (Business), Telekom Malaysia.
Arif Feizal bin Bahari has experiences in accounting, banking and IT sectors, mainly providing regular consultancy services to software development companies.
2.3 Liabilities Assumed by the Purchasers
Subsequent to the Divestment, MNSB will cease to be an associate member of Ingress and the Purchasers will assume all liabilities of MNSB.
2.4 Basis of Arriving at the Sales Consideration
The Sales Consideration of RM100,000 or RM0.10 per Sale Share was arrived at on a willing buyer-willing seller basis based on a premium over the net asset value of MNSB.
2.5 Cost of Investment and Gain/Loss on Disposal
The cost of investment in MNSB in the Sale Shares by Ingress was RM960,000. Based on the Audited Account as at 31 January 2010, the Divestment will result in a gain on disposal of RM100,000. Refer to Table 1 below.
2.6 Salient Terms of the SPSA
(i) Upon the execution of the SPSA, the payment for the Sales Consideration shall be satisfied in full by the Purchasers subject to the fulfillment of the following by Ingress:
a) To execute an instrument of transfer in escrow
b) To deliver the original share certificates to Messrs Azman Sazira & Partners ("the Solicitors")
c) To authorise the Solicitors to release the share certificate to the Purchasers upon completion of terms and conditions of the SPSA
d) To deliver the resignation letters of all nominees from the Board of Directors of MNSB and the original board resolutions passed to approve the transfer of the Shares
(ii) The Sale Shares are sold on a willing buyer willing seller basis, free from all charges or liens or other encumbrances and with all rights attached thereto whether now or in the future including but not limited to dividends and other distributions and/or rights declared made and paid hereafter.
(iii) Pursuant to a Master Facility Agreement dated 8 January 2009 between MNSB and Malaysia Debt Ventures Berhad ("MDV") in which MDV has granted financing facilities to MNSB ("Facility Agreement"), Ingress and CDIQ shall obtain a written consent from MDV for the change of shareholding in MNSB.
3. UTILISATION OF SALES CONSIDERATION
The RM100,000 Sales Consideration will be utilised as working capital for Ingress.
4. RATIONALE FOR THE DIVESTMENT
MNSB is not a major contributing entity within the Group and is not within our core activities. The Divestment will enable the Group to better focus the resources into other productive activities.
5. EFFECTS OF THE DIVESTMENT
(a) Share Capital and Substantial Shareholding
The Divestment will not have any effect on the share capital and substantial shareholding of the Company.
(b) Earnings
Other than the gain on disposal, the Divestment is not expected to have a material impact on the earnings of the Ingress Group for the financial year ending 31 January 2011.
(c) Dividends
The Divestment is not expected to affect the dividend policy of the Company as future dividend payable by the Company would be dependent, inter-alia, on the future profitability and cash flow position of the Ingress Group.
6. APPROVALS AND APPLICATION TO AUTHORITIES
The Divestment is not subject to the approval of the shareholders of the Company and any authority. However, the Divestment requires consent from MDV for the change of shareholding in MNSB, in which it has borrowings in accordance with the Facility Agreement.
7. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS AND PERSON CONNECTED TO DIRECTORS AND MAJOR SHAREHOLDERS
None of the Directors and/or major shareholders and/or persons connected with a director or major shareholders of Ingress have any interest, direct and indirect, in the Divestment.
8. STATEMENT BY THE BOARD OF DIRECTORS
The Board of Directors of Ingress, having considered the rationale for the Divestment and after careful deliberation, is of the opinion that the Divestment is in the best interest of the Ingress Group and its shareholders.
The Board is not aware of any departure from the Securities Commission's Policies and Guidelines on Issue/Offer of Securities pertaining to the Divestment.
9. HIGHEST PERCENTAGE RATIO APPLICABLE TO THE DIVESTMENT
The highest percentage ratio applicable to the Divestment pursuant to paragraph 10.02(g) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements is 0.5%.
10. DOCUMENTS FOR INSPECTION
The SPSA will be made available for inspection at the Registered Office of Ingress at Lot 2778, Fifth Floor, Jalan Damansara, Sungai Penchala, 60000 Kuala Lumpur during normal working hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 16 February 2011.
Company Name: INGRESS CORPORATION BERHAD
Stock Name: INGRESS
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: DISPOSAL OF ENTIRE 49% EQUITY IN MAJU NUSA SDN BHD ("MNSB") ("DIVESTMENT")
Contents: 1. INTRODUCTION
On behalf of the Board of Directors of Ingress, we wish to announce that we have executed a Sale and Purchase of Shares Agreement ("SPSA") dated 16 February 2011 to divest our entire 960,000 ordinary shares ("Sale Shares") of RM1.00 each, representing 49% equity share in MNSB ("the Company"), to Shahruddin bin Salehuddin ("SBS") and Arif Feizal bin Bahari ("AFB") (both referred to as "the Purchasers") for a consideration of RM100,000 ("Sales Consideration").
2. DETAILS ON THE DIVESTMENT
2.1 Background Information on MNSB
MNSB is incorporated in Malaysia under the Companies Act, 1965 on 28 September 1993. The Company has an authorised share capital of RM5,000,000 comprising 5,000,000 ordinary shares of RM1.00 each, of which only 1,960,000 shares have been issued and fully paid. Before the Divestment, Ingress held 960,000 ordinary shares or approximately 49% while the remaining 1,000,000 ordinary shares or approximately 51% was held by a company by the name CDIQ Labs Sdn Bhd ("CDIQ"). Upon the completion of the Divestment, MNSB will cease to be an associate company of Ingress.
MNSB is, inter alia, engaged in the business of supplying and providing multimedia communication works.
2.2 Background Information on the Purchasers
Shahruddin bin Salehuddin is currently a Vice President for the Centre of Excellence (Business), Telekom Malaysia.
Arif Feizal bin Bahari has experiences in accounting, banking and IT sectors, mainly providing regular consultancy services to software development companies.
2.3 Liabilities Assumed by the Purchasers
Subsequent to the Divestment, MNSB will cease to be an associate member of Ingress and the Purchasers will assume all liabilities of MNSB.
2.4 Basis of Arriving at the Sales Consideration
The Sales Consideration of RM100,000 or RM0.10 per Sale Share was arrived at on a willing buyer-willing seller basis based on a premium over the net asset value of MNSB.
2.5 Cost of Investment and Gain/Loss on Disposal
The cost of investment in MNSB in the Sale Shares by Ingress was RM960,000. Based on the Audited Account as at 31 January 2010, the Divestment will result in a gain on disposal of RM100,000. Refer to Table 1 below.
2.6 Salient Terms of the SPSA
(i) Upon the execution of the SPSA, the payment for the Sales Consideration shall be satisfied in full by the Purchasers subject to the fulfillment of the following by Ingress:
a) To execute an instrument of transfer in escrow
b) To deliver the original share certificates to Messrs Azman Sazira & Partners ("the Solicitors")
c) To authorise the Solicitors to release the share certificate to the Purchasers upon completion of terms and conditions of the SPSA
d) To deliver the resignation letters of all nominees from the Board of Directors of MNSB and the original board resolutions passed to approve the transfer of the Shares
(ii) The Sale Shares are sold on a willing buyer willing seller basis, free from all charges or liens or other encumbrances and with all rights attached thereto whether now or in the future including but not limited to dividends and other distributions and/or rights declared made and paid hereafter.
(iii) Pursuant to a Master Facility Agreement dated 8 January 2009 between MNSB and Malaysia Debt Ventures Berhad ("MDV") in which MDV has granted financing facilities to MNSB ("Facility Agreement"), Ingress and CDIQ shall obtain a written consent from MDV for the change of shareholding in MNSB.
3. UTILISATION OF SALES CONSIDERATION
The RM100,000 Sales Consideration will be utilised as working capital for Ingress.
4. RATIONALE FOR THE DIVESTMENT
MNSB is not a major contributing entity within the Group and is not within our core activities. The Divestment will enable the Group to better focus the resources into other productive activities.
5. EFFECTS OF THE DIVESTMENT
(a) Share Capital and Substantial Shareholding
The Divestment will not have any effect on the share capital and substantial shareholding of the Company.
(b) Earnings
Other than the gain on disposal, the Divestment is not expected to have a material impact on the earnings of the Ingress Group for the financial year ending 31 January 2011.
(c) Dividends
The Divestment is not expected to affect the dividend policy of the Company as future dividend payable by the Company would be dependent, inter-alia, on the future profitability and cash flow position of the Ingress Group.
6. APPROVALS AND APPLICATION TO AUTHORITIES
The Divestment is not subject to the approval of the shareholders of the Company and any authority. However, the Divestment requires consent from MDV for the change of shareholding in MNSB, in which it has borrowings in accordance with the Facility Agreement.
7. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS AND PERSON CONNECTED TO DIRECTORS AND MAJOR SHAREHOLDERS
None of the Directors and/or major shareholders and/or persons connected with a director or major shareholders of Ingress have any interest, direct and indirect, in the Divestment.
8. STATEMENT BY THE BOARD OF DIRECTORS
The Board of Directors of Ingress, having considered the rationale for the Divestment and after careful deliberation, is of the opinion that the Divestment is in the best interest of the Ingress Group and its shareholders.
The Board is not aware of any departure from the Securities Commission's Policies and Guidelines on Issue/Offer of Securities pertaining to the Divestment.
9. HIGHEST PERCENTAGE RATIO APPLICABLE TO THE DIVESTMENT
The highest percentage ratio applicable to the Divestment pursuant to paragraph 10.02(g) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements is 0.5%.
10. DOCUMENTS FOR INSPECTION
The SPSA will be made available for inspection at the Registered Office of Ingress at Lot 2778, Fifth Floor, Jalan Damansara, Sungai Penchala, 60000 Kuala Lumpur during normal working hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 16 February 2011.
AEM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS DURING CLOSED PERIOD
Announcement Type: General Announcement
Company Name: AE MULTI HOLDINGS BERHAD
Stock Name: AEM
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description: AE Multi Holdings Berhad (the "Company") wishes to announce that its Executive Chairman has given notice of changes to his other interest during closed period as set out in the Table hereunder:-
Company Name: AE MULTI HOLDINGS BERHAD
Stock Name: AEM
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description: AE Multi Holdings Berhad (the "Company") wishes to announce that its Executive Chairman has given notice of changes to his other interest during closed period as set out in the Table hereunder:-
BTM - General Announcement
Announcement Type: General Announcement
Company Name: BTM RESOURCES BERHAD
Stock Name: BTM
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: BTM RESOURCES BERHAD ("BTM" OR THE "COMPANY")
PROPOSED SHAREHOLDERS' MANDATE FOR THE RECURRENT RELATED PARTY
TRANSACTIONS OF A REVENUE AND TRADING NATURE ("PROPOSED
SHAREHOLDERS' MANDATE")
Contents: The Board of Directors of BTM ("Board") wishes to announce that the Company intends to
seek shareholders' approval for the following recurrent related party transactions of a
revenue and trading nature:
(i) log supply agreement between Besut Tsuda Wood Products Sdn Bhd ("BTWP"), a
wholly owned subsidiary of BTM and SPPT Development Sdn Bhd ("SPPT"), a
related party, wherein SPPT shall supply logs to BTWP; and
((ii) outsourcing agreement between Besut Tsuda Wood Products Sdn Bhd and Gimzan
Plywood Sdn Bhd ("Gimzan"), a related party, wherein Gimzan shall carry out plywood
processing on behalf of BTWP.
which are in the ordinary course of business in compliance with paragraph 10.09 of the
Market Market Listing Requirements of Bursa Malaysia Securities Berhad at the forthcoming
extraordinary general meeting to be held.
These recurrent related party transactions entered into by BTWP are intended to, amongst
others, meet the business needs of the company at favourable commercial terms as well as
to take advantage of the competitive pricing, improved delivery times and a more reliable
source of raw materials to improve the underlying profitability of BTM and its subsidiaries
("BTM Group" or the "Group").
BTM primarily depends on the income and contribution from its subsidiaries which in turn
rely on the availability of the raw materials. The Group has since been actively making
arrangments to secure raw materials and/or getting new concessions to secure the supply
of logs. Therefore, BTM believes that the logs supply arrangement between BTWP and
Gimzan will allow income to be generated in the near term will help the company preserve
and enhance its financial position whilst the Board explore other options to bring long term
sustainable earnings for the Group. These transactions are anticipated to ultimately benefit
the Group and the shareholders by enhancing profitability and thereby esuing better
return on shareholders' fund.
The Board is of the view that the logs supplied by SPPT (under the abovementioned log
supply arrangement between BTWP AND SPPT) will be suitable for plywood processing
and therefore, BTWP had also entered into a outsourcing arrangement with Gimzan to
process the logs into plywood and thereafter sell the finished goods to BTWP's customers.
A circular containing the details of the above recurrent related party transactions and the
amndate to be sought from the shareholders at the forthcoming EGM will be despatched
to the shareholders of BTM in due course. The agreements are also subject to approval
from all applicable authorities as may be required from time to time.
This announcement is dated 16 February 2011.
Company Name: BTM RESOURCES BERHAD
Stock Name: BTM
Date Announced: 16/02/2011
Announcement Detail:
Type: Announcement
Subject: BTM RESOURCES BERHAD ("BTM" OR THE "COMPANY")
PROPOSED SHAREHOLDERS' MANDATE FOR THE RECURRENT RELATED PARTY
TRANSACTIONS OF A REVENUE AND TRADING NATURE ("PROPOSED
SHAREHOLDERS' MANDATE")
Contents: The Board of Directors of BTM ("Board") wishes to announce that the Company intends to
seek shareholders' approval for the following recurrent related party transactions of a
revenue and trading nature:
(i) log supply agreement between Besut Tsuda Wood Products Sdn Bhd ("BTWP"), a
wholly owned subsidiary of BTM and SPPT Development Sdn Bhd ("SPPT"), a
related party, wherein SPPT shall supply logs to BTWP; and
((ii) outsourcing agreement between Besut Tsuda Wood Products Sdn Bhd and Gimzan
Plywood Sdn Bhd ("Gimzan"), a related party, wherein Gimzan shall carry out plywood
processing on behalf of BTWP.
which are in the ordinary course of business in compliance with paragraph 10.09 of the
Market Market Listing Requirements of Bursa Malaysia Securities Berhad at the forthcoming
extraordinary general meeting to be held.
These recurrent related party transactions entered into by BTWP are intended to, amongst
others, meet the business needs of the company at favourable commercial terms as well as
to take advantage of the competitive pricing, improved delivery times and a more reliable
source of raw materials to improve the underlying profitability of BTM and its subsidiaries
("BTM Group" or the "Group").
BTM primarily depends on the income and contribution from its subsidiaries which in turn
rely on the availability of the raw materials. The Group has since been actively making
arrangments to secure raw materials and/or getting new concessions to secure the supply
of logs. Therefore, BTM believes that the logs supply arrangement between BTWP and
Gimzan will allow income to be generated in the near term will help the company preserve
and enhance its financial position whilst the Board explore other options to bring long term
sustainable earnings for the Group. These transactions are anticipated to ultimately benefit
the Group and the shareholders by enhancing profitability and thereby esuing better
return on shareholders' fund.
The Board is of the view that the logs supplied by SPPT (under the abovementioned log
supply arrangement between BTWP AND SPPT) will be suitable for plywood processing
and therefore, BTWP had also entered into a outsourcing arrangement with Gimzan to
process the logs into plywood and thereafter sell the finished goods to BTWP's customers.
A circular containing the details of the above recurrent related party transactions and the
amndate to be sought from the shareholders at the forthcoming EGM will be despatched
to the shareholders of BTM in due course. The agreements are also subject to approval
from all applicable authorities as may be required from time to time.
This announcement is dated 16 February 2011.
UMSNGB - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: UMS-NEIKEN GROUP BERHAD
Stock Name: UMSNGB
Date Announced: 16/02/2011
Announcement Detail:
Date of buy back: 16/02/2011
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 0.305
Maximum price paid for each share purchased ($$): 0.305
Total consideration paid ($$): 346.10
Number of shares purchased retained in treasury (units): 1,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 188,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.24
Company Name: UMS-NEIKEN GROUP BERHAD
Stock Name: UMSNGB
Date Announced: 16/02/2011
Announcement Detail:
Date of buy back: 16/02/2011
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 1,000
Minimum price paid for each share purchased ($$): 0.305
Maximum price paid for each share purchased ($$): 0.305
Total consideration paid ($$): 346.10
Number of shares purchased retained in treasury (units): 1,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 188,500
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 (%): 0.24
SCNWOLF - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 16/02/2011
Announcement Detail:
Date of buy back: 16/02/2011
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 35,000
Minimum price paid for each share purchased ($$): 0.410
Maximum price paid for each share purchased ($$): 0.410
Total consideration paid ($$): 14,455.41
Number of shares purchased retained in treasury (units): 35,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,530,600
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.91
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 16/02/2011
Announcement Detail:
Date of buy back: 16/02/2011
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 35,000
Minimum price paid for each share purchased ($$): 0.410
Maximum price paid for each share purchased ($$): 0.410
Total consideration paid ($$): 14,455.41
Number of shares purchased retained in treasury (units): 35,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,530,600
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.91
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: 16/02/2011
Announcement Detail:
Date of buy back: 16/02/2011
Description of shares purchased: Ordinary Shares of RM1 Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 10,000
Minimum price paid for each share purchased ($$): 1.490
Maximum price paid for each share purchased ($$): 1.500
Total consideration paid ($$): 15,089.38
Number of shares purchased retained in treasury (units): 10,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,638,100
Adjusted issued capital after cancellation (no. of shares) (units): 56,616,106
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.66
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 16/02/2011.
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 16/02/2011
Announcement Detail:
Date of buy back: 16/02/2011
Description of shares purchased: Ordinary Shares of RM1 Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 10,000
Minimum price paid for each share purchased ($$): 1.490
Maximum price paid for each share purchased ($$): 1.500
Total consideration paid ($$): 15,089.38
Number of shares purchased retained in treasury (units): 10,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,638,100
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 (%): 4.66
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 16/02/2011.
No comments:
Post a Comment