GENP - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Announcement Type: General Announcement
Company Name: GENTING PLANTATIONS BERHAD
Stock Name: GENP
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: CROP PRODUCTION FOR FEBRUARY 2011
Company Name: GENTING PLANTATIONS BERHAD
Stock Name: GENP
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: CROP PRODUCTION FOR FEBRUARY 2011
CMSB - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: CAHYA MATA SARAWAK BERHAD
Stock Name: CMSB
Date Announced: 02/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NN-110301-40208
Subject: CAHYA MATA SARAWAK BERHAD ("CMS" OR THE "COMPANY")
PROPOSED ACQUISITION OF 1,000,000 ORDINARY SHARES REPRESENTING 100% EQUITY INTEREST IN CMS ROADS SDN BHD ("CMS ROADS") AND 5,000,000 ORDINARY SHARES REPRESENTING 100% EQUITY INTEREST IN CMS PAVEMENT TECH SDN BHD ("CMS PAVEMENT") FROM PUTRAJAYA PERDANA BERHAD ("PPB") FOR A TOTAL CASH CONSIDERATION OF RM82,007,766 ("PROPOSED ACQUISITION").
Description: Refer to Bursa Securities Malaysia Berhad's Letter dated 1 March 2011 in relation to our announcement on 28 February 2011 on the above matters. The Board of Directors of CMS wishes to clarify and answer the queries as per attachment.
Query Letter content: We refer to your Company's announcements dated 28 February 2011, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The extent of CMS Pavement's involvement in the Concession Agreement and
whether CMS Pavement is a party to the Concession Agreement;
The details of other contracts secured by CMS Roads and CMS Pavement to date
other than the Concession Agreement;
Whether the activities undertaken by CMS Pavement is restricted to the state of
Sarawak;
Whether the Purchase Consideration is fair and reasonable based on the price
over earnings and price to book value mulitples and the basis thereof; and
Tabulation on the goodwill of RM24.05 million from the Proposed Acquisition.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully,
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/NN
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Response to Queries of Announcement.pdf
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: CAHYA MATA SARAWAK BERHAD
Stock Name: CMSB
Date Announced: 02/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NN-110301-40208
Subject: CAHYA MATA SARAWAK BERHAD ("CMS" OR THE "COMPANY")
PROPOSED ACQUISITION OF 1,000,000 ORDINARY SHARES REPRESENTING 100% EQUITY INTEREST IN CMS ROADS SDN BHD ("CMS ROADS") AND 5,000,000 ORDINARY SHARES REPRESENTING 100% EQUITY INTEREST IN CMS PAVEMENT TECH SDN BHD ("CMS PAVEMENT") FROM PUTRAJAYA PERDANA BERHAD ("PPB") FOR A TOTAL CASH CONSIDERATION OF RM82,007,766 ("PROPOSED ACQUISITION").
Description: Refer to Bursa Securities Malaysia Berhad's Letter dated 1 March 2011 in relation to our announcement on 28 February 2011 on the above matters. The Board of Directors of CMS wishes to clarify and answer the queries as per attachment.
Query Letter content: We refer to your Company's announcements dated 28 February 2011, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The extent of CMS Pavement's involvement in the Concession Agreement and
whether CMS Pavement is a party to the Concession Agreement;
The details of other contracts secured by CMS Roads and CMS Pavement to date
other than the Concession Agreement;
Whether the activities undertaken by CMS Pavement is restricted to the state of
Sarawak;
Whether the Purchase Consideration is fair and reasonable based on the price
over earnings and price to book value mulitples and the basis thereof; and
Tabulation on the goodwill of RM24.05 million from the Proposed Acquisition.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully,
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/NN
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Response to Queries of Announcement.pdf
HAPSENG - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: HAP SENG CONSOLIDATED BERHAD
Stock Name: HAPSENG
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description: HAP SENG CONSOLIDATED BERHAD ("HSCB" OR THE "COMPANY")
(I) PROPOSED PLACEMENT;
(II) PROPOSED BONUS ISSUE;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(V) PROPOSED M&A AMENDMENTS
(COLLECTIVELY, (I) TO (V) ABOVE ARE REFERRED TO AS THE "PROPOSALS")
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: HAP SENG CONSOLIDATED BERHAD
Stock Name: HAPSENG
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description: HAP SENG CONSOLIDATED BERHAD ("HSCB" OR THE "COMPANY")
(I) PROPOSED PLACEMENT;
(II) PROPOSED BONUS ISSUE;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(V) PROPOSED M&A AMENDMENTS
(COLLECTIVELY, (I) TO (V) ABOVE ARE REFERRED TO AS THE "PROPOSALS")
INSAS - OTHERS: INVESTMENT IN SENGENICS SDN BHD ("SENGENICS")
Announcement Type: General Announcement
Company Name: INSAS BERHAD
Stock Name: INSAS
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: INVESTMENT IN SENGENICS SDN BHD ("SENGENICS")
Company Name: INSAS BERHAD
Stock Name: INSAS
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: INVESTMENT IN SENGENICS SDN BHD ("SENGENICS")
INSAS - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: INSAS BERHAD
Stock Name: INSAS
Date Announced: 02/03/2011
Announcement Detail:
Date of buy back: 02/03/2011
Description of shares purchased: Ordinary Shares
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 100,000
Minimum price paid for each share purchased ($$): 0.495
Maximum price paid for each share purchased ($$): 0.495
Total consideration paid ($$): 49,861.85
Number of shares purchased retained in treasury (units): 100,000
Cumulative net outstanding treasury shares as at to-date (units): 7,095,552
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.02
Company Name: INSAS BERHAD
Stock Name: INSAS
Date Announced: 02/03/2011
Announcement Detail:
Date of buy back: 02/03/2011
Description of shares purchased: Ordinary Shares
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 100,000
Minimum price paid for each share purchased ($$): 0.495
Maximum price paid for each share purchased ($$): 0.495
Total consideration paid ($$): 49,861.85
Number of shares purchased retained in treasury (units): 100,000
Cumulative net outstanding treasury shares as at to-date (units): 7,095,552
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.02
KEURO - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: KUMPULAN EUROPLUS BERHAD ("KEURO" or "the Company")
DISPOSAL OF SHARES IN TALAM CORPORATION BERHAD
The Board of Directors of KEURO wishes to announce that KEURO has, on 1 March 2011, disposed of 34,536,772 ordinary shares of RM0.20 each, representing 0.96% of the total voting share capital of Talam Corporation Berhad ("Talam"), for a total net proceeds of RM3,444,369.85, pursuant to approval obtained from shareholders at the Extraordinary General Meeting held on 12 July 2010. The shares arose from recent acquisition and conversion of financial instruments issued by Talam pursuant to approval obtained from shareholders at the Extraordinary General Meeting held on 4 November 2009.
Please refer to the attachment below for full details of the Announcement.
Attachments: Announcement - disposal of 34.54M new TCB shares (01032011).doc
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: KUMPULAN EUROPLUS BERHAD ("KEURO" or "the Company")
DISPOSAL OF SHARES IN TALAM CORPORATION BERHAD
The Board of Directors of KEURO wishes to announce that KEURO has, on 1 March 2011, disposed of 34,536,772 ordinary shares of RM0.20 each, representing 0.96% of the total voting share capital of Talam Corporation Berhad ("Talam"), for a total net proceeds of RM3,444,369.85, pursuant to approval obtained from shareholders at the Extraordinary General Meeting held on 12 July 2010. The shares arose from recent acquisition and conversion of financial instruments issued by Talam pursuant to approval obtained from shareholders at the Extraordinary General Meeting held on 4 November 2009.
Please refer to the attachment below for full details of the Announcement.
Attachments: Announcement - disposal of 34.54M new TCB shares (01032011).doc
SIME - OTHERS: Article entitled "Sime considers Cameroon deal"
Announcement Type: General Announcement
Company Name: SIME DARBY BERHAD
Stock Name: SIME
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Article entitled "Sime considers Cameroon deal"
Company Name: SIME DARBY BERHAD
Stock Name: SIME
Date Announced: 02/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Article entitled "Sime considers Cameroon deal"
UMW - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
Announcement Type: General Announcement
Company Name: UMW HOLDINGS BERHAD
Stock Name: UMW
Date Announced: 02/03/2011
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 following Principal Officer of UMW had transacted in the securities of UMW, as set out in Table 1 below.
Company Name: UMW HOLDINGS BERHAD
Stock Name: UMW
Date Announced: 02/03/2011
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 following Principal Officer of UMW had transacted in the securities of UMW, as set out in Table 1 below.
DXN - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: DXN HOLDINGS BHD
Stock Name: DXN
Date Announced: 02/03/2011
Announcement Detail:
Date of buy back: 02/03/2011
Description of shares purchased: Ordinary shares of RM0.25 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 23,700
Minimum price paid for each share purchased ($$): 1.310
Maximum price paid for each share purchased ($$): 1.330
Total consideration paid ($$): 31,442.65
Number of shares purchased retained in treasury (units): 23,700
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 14,233,500
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.91
Company Name: DXN HOLDINGS BHD
Stock Name: DXN
Date Announced: 02/03/2011
Announcement Detail:
Date of buy back: 02/03/2011
Description of shares purchased: Ordinary shares of RM0.25 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 23,700
Minimum price paid for each share purchased ($$): 1.310
Maximum price paid for each share purchased ($$): 1.330
Total consideration paid ($$): 31,442.65
Number of shares purchased retained in treasury (units): 23,700
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 14,233,500
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.91
DXN - Proposed Disposal of Shares in Daxen Biotechnology Pte. Ltd. ("DBPL")
Announcement Type: General Announcement
Company Name: DXN HOLDINGS BHD
Stock Name: DXN
Date Announced: 02/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NN-110301-42336
Subject: Proposed Disposal of Shares in Daxen Biotechnology Pte. Ltd. ("DBPL")
Description: We refer to your letter dated 1 March 2011 and as requested, we furnish herewith the following additional information in relation to the announcement made on 28 February 2011 on the above subject matter:
1. The exchange rate used in converting the total cash consideration from Renminbi ("RMB") to Ringgit Malaysia ('RM") is at RMB 1 to RM0.4635 for the purpose of reference.
2. The sales consideration is derived from the best negotiated price with few interested purchasers and it is being the best offer available to the company.
3. Based on the latest audited accounts of DBPL as at 28 February 2010, the Net Assets is amounted to RMB11,608,226 (equivalent to RM5,380,413) and Net Loss is RMB7,177,448 (equivalent to RM3,326,747) respectively.
4. DBPL was principally involved in manufacturing of monacus, vinegar and fruit enzyme products which are exported to Malaysia for further process and distribution. The losses were due to the high operating cost and overhead incurred, which are not be able to sustain from its sales generated.
5. The gain on disposal is derived from the total sales consideration less the net assets as at 31 January 2011 and the staff retrenchment compensation expenses.
6. The sale proceeds arising from the disposal will be used as the working capital to expand the overseas MLM business activities and the timeframe of utilization will be subject to the funding requirement as and when necessary.
7. The liability that has to be assumed by the purchaser is the payment to the Stated Owned Asset Investment & Management Company in respect of the acquisition of a piece of land together with a building for the worker hostel that adjourn to the existing factory for RMB1,000,000 (equivalent to RM463,500). As at to-date, RMB400,000 (equivalent to RM185,400) has been paid and final payment of RMB600,000 (equivalent to RM278,100) will have to be paid upon the successful handling of the vacant possession. DBPL has yet made the final payment due to the acquisition process has yet complete.
8. The highest percentage ratio applicable to the transaction pursuant to paragraph 10.02(g) is 3.43% which is derived from the aggregate sales consideration received in relation to the proposed disposal compared to the net assets of DXN as at financial year 2010 audited accounts.
This announcement is dated 2 March 2011.
Query Letter content: We refer to your Company's announcements dated 28 February 2011, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The exchange rate used in coverting the total cash consideration from Renminbi
to Ringgit Malaysia;
The basis in arriving at the Disposal Consideration other than willing-buyer
and willing-seller;
The audited Net Assets and Net Profit of DBPL based on the latest audited
financial statements;
The reasons for the losses incurred by DBPL up to 31 January 2011;
The basis in deriving the gain on disposal of RMB 2,922,387;
The utilisation of proceeds from the proposed disposal, including details of
the business activities for which the proceeds are to be utilised for and the
timeframe for utilisation;
Details of the land and building for which the purchaser is liable for the
outstanding payment; and
Elaboration on the applicable percentage ratio.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully,
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/NN
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax
Company Name: DXN HOLDINGS BHD
Stock Name: DXN
Date Announced: 02/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NN-110301-42336
Subject: Proposed Disposal of Shares in Daxen Biotechnology Pte. Ltd. ("DBPL")
Description: We refer to your letter dated 1 March 2011 and as requested, we furnish herewith the following additional information in relation to the announcement made on 28 February 2011 on the above subject matter:
1. The exchange rate used in converting the total cash consideration from Renminbi ("RMB") to Ringgit Malaysia ('RM") is at RMB 1 to RM0.4635 for the purpose of reference.
2. The sales consideration is derived from the best negotiated price with few interested purchasers and it is being the best offer available to the company.
3. Based on the latest audited accounts of DBPL as at 28 February 2010, the Net Assets is amounted to RMB11,608,226 (equivalent to RM5,380,413) and Net Loss is RMB7,177,448 (equivalent to RM3,326,747) respectively.
4. DBPL was principally involved in manufacturing of monacus, vinegar and fruit enzyme products which are exported to Malaysia for further process and distribution. The losses were due to the high operating cost and overhead incurred, which are not be able to sustain from its sales generated.
5. The gain on disposal is derived from the total sales consideration less the net assets as at 31 January 2011 and the staff retrenchment compensation expenses.
6. The sale proceeds arising from the disposal will be used as the working capital to expand the overseas MLM business activities and the timeframe of utilization will be subject to the funding requirement as and when necessary.
7. The liability that has to be assumed by the purchaser is the payment to the Stated Owned Asset Investment & Management Company in respect of the acquisition of a piece of land together with a building for the worker hostel that adjourn to the existing factory for RMB1,000,000 (equivalent to RM463,500). As at to-date, RMB400,000 (equivalent to RM185,400) has been paid and final payment of RMB600,000 (equivalent to RM278,100) will have to be paid upon the successful handling of the vacant possession. DBPL has yet made the final payment due to the acquisition process has yet complete.
8. The highest percentage ratio applicable to the transaction pursuant to paragraph 10.02(g) is 3.43% which is derived from the aggregate sales consideration received in relation to the proposed disposal compared to the net assets of DXN as at financial year 2010 audited accounts.
This announcement is dated 2 March 2011.
Query Letter content: We refer to your Company's announcements dated 28 February 2011, in respect of
the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The exchange rate used in coverting the total cash consideration from Renminbi
to Ringgit Malaysia;
The basis in arriving at the Disposal Consideration other than willing-buyer
and willing-seller;
The audited Net Assets and Net Profit of DBPL based on the latest audited
financial statements;
The reasons for the losses incurred by DBPL up to 31 January 2011;
The basis in deriving the gain on disposal of RMB 2,922,387;
The utilisation of proceeds from the proposed disposal, including details of
the business activities for which the proceeds are to be utilised for and the
timeframe for utilisation;
Details of the land and building for which the purchaser is liable for the
outstanding payment; and
Elaboration on the applicable percentage ratio.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully,
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/NN
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax
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