February 14, 2011

Company announcements: PUC, DIGISTA, GRANFLO, KEYWEST, INNITY, BJCORP, MPHB, UMW

PUC - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: PUC FOUNDER (MSC) BERHAD (ACE Market)
Stock Name: PUC
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: PUC FOUNDER (MSC) BERHAD ("PUCF" OR THE "COMPANY")

PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN RED MEDIA ASIA LIMITED ("RED MEDIA ASIA" OR "RMA") COMPRISING A TOTAL OF 8,269,818 ORDINARY SHARES OF USD1.00 EACH FROM REDHOT MEDIA INTERNATIONAL LIMITED ("RMIL" OR THE "VENDOR") FOR A TOTAL CONSIDERATION OF RM95.0 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 950,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN PUCF ("SHARES") AT AN ISSUE PRICE OF RM0.10 EACH ("PROPOSED ACQUISITION");

PROPOSED EXEMPTION UNDER PRACTICE NOTE 2.9.1 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("CODE") TO RMIL AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING PUCF SHARES NOT ALREADY HELD BY IT UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED EXEMPTION");

PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PUCF ("PROPOSED IASC"); AND

PROPOSED AMENDMENT TO THE COMPANY'S MEMORANDUM AND ARTICLES OF ASSOCIATION ("PROPOSED AMENDMENT");

(HEREINAFTER COLLECTIVELY REFERRED TO AS THE "PROPOSALS").


DIGISTA - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: DIGISTAR CORPORATION BERHAD (ACE Market)
Stock Name: DIGISTA
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: DIGISTAR CORPORATION BERHAD ("DIGISTAR" OR THE "COMPANY")

PROPOSED PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL ("PRIVATE PLACEMENT")


GRANFLO - 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: GRAND-FLO SOLUTION BERHAD (ACE Market)
Stock Name: GRANFLO
Date Announced: 14/02/2011

Announcement Detail:
Date of buy back from: 31/01/2011

Date of buy back to: 31/01/2011

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 40,000

Minimum price paid for each share purchased ($$): 0.340

Maximum price paid for each share purchased ($$): 0.345

Total amount paid for shares purchased ($$): 13,750.00

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

Number of shares purchased retained in treasury (units): 40,000

Total number of shares retained in treasury (units): 850,000

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

Total issued capital as diminished: 0

Date lodged with registrar of companies: 14/02/2011

Lodged by: Cospec Management Services Sdn. Bhd.


GRANFLO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GRAND-FLO SOLUTION BERHAD (ACE Market)
Stock Name: GRANFLO
Date Announced: 14/02/2011

Announcement Detail:
Date of buy back: 14/02/2011

Description of shares purchased: Ordinary shares of RM0.10 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 30,000

Minimum price paid for each share purchased ($$): 0.340

Maximum price paid for each share purchased ($$): 0.340

Total consideration paid ($$): 10,200.00

Number of shares purchased retained in treasury (units): 30,000

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

Cumulative net outstanding treasury shares as at to-date (units): 1,040,000

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 (%): 0.72


KEYWEST - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: KEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (ACE Market)
Stock Name: KEYWEST
Date Announced: 14/02/2011

Announcement Detail:
Date of change: 14/02/2011

Type of change: Resignation

Designation: Director

Directorate: Non Independent & Non Executive

Name: Yong Chon Yee

Age: 76

Nationality: Malaysian

Qualifications: Mr. Yong Chon Yee obtained his Cambridge School Certificate in 1957 and was an associate member of the Chartered Institute of Marketing, UK and an associate member of the Chartered Institute of Road Transporting Engineers, UK. He has since resigned as members of these institutes.

Working experience and occupation: Mr. Yong Chon Yee brings with him 18 years of experience in the marketing and sales of heavy construction equipment to the timber/ logging industries in Sarawak as United Engineers (S) Ltd's Area Manager for Sarawak and Brunei from 1964 to 1982. From 1983 to 2000, Mr. Yong ran his own company YCY Sdn. Bhd. specialising in the supply of power generation and distribution equipment and general electrical supply to the Malaysian government departments and private sector such as Sesco. Among others, his company has supplied, installed and commissioned 3 micro hydro power stations, mechanical and electrical equipment and many medium speed diesel generating sets, switchgears and transformers to the Sarawak Electricity Supply Corporation and the Jabatan Kerja Raya Sarawak. YCY is currently inactive. From 2001, Mr. Yong moved on to set up another company called EZ Bistari Sdn. Bhd. which specialises in corporate gifts and assumed the role of Managing Director.

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


INNITY - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company Name: INNITY CORPORATION BERHAD (ACE Market)
Stock Name: INNITY
Date Announced: 14/02/2011

Announcement Detail:
Admission Sponsor: RHB Investment Bank Bhd

Sponsor: PM Securities Sdn Bhd

Type: Announcement

Subject: PUBLIC SHAREHOLDINGS SPREAD

Description: We refer to the announcement dated 17 January 2011 in relation to the application to Bursa Malaysia Securities Berhad for an extension of time for Innity Corporation Berhad ("Innity or "Company") to comply with the public shareholding spread requirement pursuant to Rule 8.02 of the ACE Market Listing Requirements ("LR") which requires at least 25% of the total listed shares are in the hands of public shareholders.

The Board of Directors of Innity wishes to announce that according to Innity's Record of Depositors as at 11 February 2011, the percentage of the public shareholding spread of the Company is 25.03%. Therefore, the Company has complied with the public shareholding spread requirement pursuant to Rule 8.02 of the LR.

This announcement is dated 14 February 2011.


BJCORP - OTHERS: QUARTERLY DISCLOSURE PURSUANT TO PARAGRAPH 8.23(2)(e) OF THE LISTING REQUIREMENTS

Announcement Type: General Announcement
Company Name: BERJAYA CORPORATION BERHAD
Stock Name: BJCORP
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: QUARTERLY DISCLOSURE PURSUANT TO PARAGRAPH 8.23(2)(e) OF THE LISTING REQUIREMENTS

Attachments: Appendix 2 - IPM.xls
Table 2 - IPM.doc
Appendix 1 - PCL.xls
Table 1 - PCL.doc


BJCORP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company Name: BERJAYA CORPORATION BERHAD
Stock Name: BJCORP
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD

Description: Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealing in the securities of the Company by Tan Sri Dato' Tan Chee Sing, the Deputy Chairman of the Company as set out in the table below.


MPHB - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company Name: MULTI-PURPOSE HOLDINGS BERHAD
Stock Name: MPHB
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: MEMORANDUM OF UNDERSTANDING

Description: MULTI-PURPOSE HOLDINGS BERHAD ("MPHB" OR "COMPANY")

MEMORANDUM OF UNDERSTANDING RELATING TO THE PROPOSED ACQUISITION BY MPHB OF THE REMAINING 49% EQUITY INTEREST IN MAGNUM HOLDINGS SDN BHD ("MAGNUM") NOT ALREADY HELD BY MPHB AND OTHER SECURITIES IN MAGNUM


UMW - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company Name: UMW HOLDINGS BERHAD
Stock Name: UMW
Date Announced: 14/02/2011

Announcement Detail:
Type: Announcement

Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description: EXECUTION OF A SALE AND PURCHASE OF SHARES AGREEMENT BETWEEN TITANIUM ASSETS HOLDINGS SDN BHD AND UMW CORPORATION SDN BHD

Attachments: Execution of Sale & Purchase of Shares Agreement.pdf



No comments:

Post a Comment