MMM - PRACTICE NOTE 17 / GUIDANCE NOTE 3: REGULARISATION PLAN
Announcement Type: General Announcement
Company Name: MALAYSIAN MERCHANT MARINE BERHAD
Stock Name: MMM
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description: We refer to MMMs First Announcement made on 5th March 2010 pursuant to PN17 and its subsequent monthly announcements pursuant to Paragraph 4.4 of PN17 of the MMLR of Bursa Securities.
Pursuant to PN17, MMM is required to within 12 months from the date of its First Announcement ie by 4TH March 2011, submit a regularisation plan to the Securities Commission if the plan will result in a significant change in the business direction or policy of the Company or submit a regularisation plan to Bursa Securities if the plan will not result in a significant change in the business direction or policy of the Company, and obtain Bursa Securities' approval to implement the plan.
The Company wishes to inform that as at 4th March 2011 , the Company has assessed some verbal interest but nothing concrete has crystallised to date. Therefore, it does not have a regularisation plan and is unable to comply with the requirements of PN17.
This announcement is dated 4th March 2011.
Company Name: MALAYSIAN MERCHANT MARINE BERHAD
Stock Name: MMM
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description: We refer to MMMs First Announcement made on 5th March 2010 pursuant to PN17 and its subsequent monthly announcements pursuant to Paragraph 4.4 of PN17 of the MMLR of Bursa Securities.
Pursuant to PN17, MMM is required to within 12 months from the date of its First Announcement ie by 4TH March 2011, submit a regularisation plan to the Securities Commission if the plan will result in a significant change in the business direction or policy of the Company or submit a regularisation plan to Bursa Securities if the plan will not result in a significant change in the business direction or policy of the Company, and obtain Bursa Securities' approval to implement the plan.
The Company wishes to inform that as at 4th March 2011 , the Company has assessed some verbal interest but nothing concrete has crystallised to date. Therefore, it does not have a regularisation plan and is unable to comply with the requirements of PN17.
This announcement is dated 4th March 2011.
IRETEX - General Announcement
Announcement Type: General Announcement
Company Name: IRE-TEX CORPORATION BERHAD
Stock Name: IRETEX
Date Announced: 04/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-110303-41016
Subject: Acquisition of 5% interest in Ire-Tex Corporation ("ITC") for a purchase consideration of USD110,115.46 ("Acquisition")
Description: Further to the announcement on 2 March 2011 and Bursa Malaysia Securities Berhad's letter dated 3 March 2011, Ire-Tex Corporation Berhad ("ITCB" or "the Company") provides additional information related to the Acquisition. Please refer to the attached file for details.
This announcement is dated 4 March 2011.
Query Letter content: We refer to the Company's announcement dated 2 March 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 directors and major shareholders of ITC;
The prospects of ITC;
Basis and justification in deriving at the purchase consideration of
USD110,115.46 other than willing-buyer willing-seller basis, taking into
consideration that the purchase consideration is higher than the applicable 5%
audited net assets of ITC as at 31 December 2009;
To elaborate further on the "packaging materials" manufactured by ITC and its
usage;
Gievn that the Acquisition only entail 5% interests in ITC, please elaborate
further on how the Acquisition be deemed as a "strategic move" to establish and
strengthen relationship within Ire-Tex network of companies globally;
The risks in relation to the Acquisition including the normal business risk
associated with investment in ITC;
The elaboration on the applicable percentage ratio pursuant to Paragraph
10.02(g) of the Main Market Listing Requirements; and
Total amount transacted with the same related party i.e. Timothy Ian O'Hearn
and persons connected to him for the preceeding 12 months.
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
IJ/NAE
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Iretex reply to query 2.pdf
Company Name: IRE-TEX CORPORATION BERHAD
Stock Name: IRETEX
Date Announced: 04/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NE-110303-41016
Subject: Acquisition of 5% interest in Ire-Tex Corporation ("ITC") for a purchase consideration of USD110,115.46 ("Acquisition")
Description: Further to the announcement on 2 March 2011 and Bursa Malaysia Securities Berhad's letter dated 3 March 2011, Ire-Tex Corporation Berhad ("ITCB" or "the Company") provides additional information related to the Acquisition. Please refer to the attached file for details.
This announcement is dated 4 March 2011.
Query Letter content: We refer to the Company's announcement dated 2 March 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 directors and major shareholders of ITC;
The prospects of ITC;
Basis and justification in deriving at the purchase consideration of
USD110,115.46 other than willing-buyer willing-seller basis, taking into
consideration that the purchase consideration is higher than the applicable 5%
audited net assets of ITC as at 31 December 2009;
To elaborate further on the "packaging materials" manufactured by ITC and its
usage;
Gievn that the Acquisition only entail 5% interests in ITC, please elaborate
further on how the Acquisition be deemed as a "strategic move" to establish and
strengthen relationship within Ire-Tex network of companies globally;
The risks in relation to the Acquisition including the normal business risk
associated with investment in ITC;
The elaboration on the applicable percentage ratio pursuant to Paragraph
10.02(g) of the Main Market Listing Requirements; and
Total amount transacted with the same related party i.e. Timothy Ian O'Hearn
and persons connected to him for the preceeding 12 months.
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
IJ/NAE
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Attachments: Iretex reply to query 2.pdf
TEOSENG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: TEO SENG CAPITAL BERHAD
Stock Name: TEOSENG
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: Teo Seng Capiatl Berhad ("Teo Seng" OR "The Company")
Acquisition of the remaining 90% of the Issued and Paid Up Share Capital of Lee Say Egg Products Pte. Ltd.
Attachments: Announcement-Acquisition of LSEP.doc
Company Name: TEO SENG CAPITAL BERHAD
Stock Name: TEOSENG
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: Teo Seng Capiatl Berhad ("Teo Seng" OR "The Company")
Acquisition of the remaining 90% of the Issued and Paid Up Share Capital of Lee Say Egg Products Pte. Ltd.
Attachments: Announcement-Acquisition of LSEP.doc
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: 04/03/2011
Announcement Detail:
Date of buy back: 04/03/2011
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 ($$): 1.470
Maximum price paid for each share purchased ($$): 1.470
Total consideration paid ($$): 14,807.61
Number of shares purchased retained in treasury (units): 10,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,748,700
Adjusted issued capital after cancellation (no. of shares) (units): 56,616,106
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.86
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 04/03/2011.
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 04/03/2011
Announcement Detail:
Date of buy back: 04/03/2011
Description of shares purchased: Ordinary Shares of RM1 Each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 10,000
Minimum price paid for each share purchased ($$): 1.470
Maximum price paid for each share purchased ($$): 1.470
Total consideration paid ($$): 14,807.61
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): 2,748,700
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 (%): 4.86
Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
This announcement is dated 04/03/2011.
TEXCHEM - OTHERS: ACQUISITION OF A DORMANT COMPANY
Announcement Type: General Announcement
Company Name: TEXCHEM RESOURCES BERHAD
Stock Name: TEXCHEM
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: ACQUISITION OF A DORMANT COMPANY
Company Name: TEXCHEM RESOURCES BERHAD
Stock Name: TEXCHEM
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: ACQUISITION OF A DORMANT COMPANY
RCECAP - General Announcement
Announcement Type: General Announcement
Company Name: RCE CAPITAL BERHAD
Stock Name: RCECAP
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description: Further to our earlier announcement dated 28 February 2011, the date of the acquisition of 800,000 RCE Capital Berhad ("RCE") ordinary shares of RM0.10 each by Mr. Chew Keng Yong, a Director of RCE, should be 25 February 2011 instead of the date as announced previously.
This announcement is dated 4 March 2011.
Company Name: RCE CAPITAL BERHAD
Stock Name: RCECAP
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description: Further to our earlier announcement dated 28 February 2011, the date of the acquisition of 800,000 RCE Capital Berhad ("RCE") ordinary shares of RM0.10 each by Mr. Chew Keng Yong, a Director of RCE, should be 25 February 2011 instead of the date as announced previously.
This announcement is dated 4 March 2011.
HIRO - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HIROTAKO HOLDINGS BHD
Stock Name: HIRO
Date Announced: 04/03/2011
Announcement Detail:
Date of buy back: 04/03/2011
Description of shares purchased: ordinary shares
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 43,500
Minimum price paid for each share purchased ($$): 1.690
Maximum price paid for each share purchased ($$): 1.700
Total consideration paid ($$): 74,036.18
Number of shares purchased retained in treasury (units): 43,500
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,635,360
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.92
Company Name: HIROTAKO HOLDINGS BHD
Stock Name: HIRO
Date Announced: 04/03/2011
Announcement Detail:
Date of buy back: 04/03/2011
Description of shares purchased: ordinary shares
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 43,500
Minimum price paid for each share purchased ($$): 1.690
Maximum price paid for each share purchased ($$): 1.700
Total consideration paid ($$): 74,036.18
Number of shares purchased retained in treasury (units): 43,500
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 1,635,360
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 (%): 0.92
SAAG - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: MIDF AMANAH INVESTMENT BANK BERHAD
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company")
(I) Proposed renounceable two (2) call rights issue of up to 5,200,549,005 new ordinary shares of RM0.10 each in SAAG ("Rights Share(s)") on the basis of five (5) Rights Shares for every two (2) existing ordinary shares of RM0.10 each held in SAAG ("SAAG Share(s)") together with up to 1,040,109,801 free detachable warrants ("Warrant(s)") on the basis of one (1) Warrant for every five (5) Rights Shares subscribed ("Proposed Rights Issue");
(II) Proposed issuance of up to such amount of United States Dollar ("USD") (not exceeding the Differential Intended Gross Proceeds as defined below) nominal value five (5)-year unsecured guaranteed exchangeable bonds by SAAG (L) Limited ("SAAGL"), a wholly-owned subsidiary of the Company ("Exchangeable Bonds") which are exchangeable into new SAAG Shares ("Proposed Exchangeable Bonds"); and/or
(III) Proposed issuance of up to such amount of Ringgit Malaysia ("RM") (not exceeding the Differential Intended Gross Proceeds) nominal value of five (5)-year irredeemable convertible preference shares of RM0.10 each in SAAG ("ICPS") which are convertible into new SAAG Shares ("Proposed ICPS Issue");
(IV) Proposed establishment of an Employees' Share Option Scheme ("ESOS") of up to fifteen per centum (15%) of the issued and paid-up share capital of SAAG at anytime for the Directors (including Non-Executive Directors) of SAAG and eligible employees of SAAG and its subsidiaries ("SAAG Group" or "Group") ("Proposed ESOS" or "Scheme"); and
(V) Proposed amendments to the Memorandum and Articles of Association of SAAG ("Memorandum and Articles") ("Proposed Amendments");
(collectively, referred to as the "Proposals").
Submitting Merchant Bank: MIDF AMANAH INVESTMENT BANK BERHAD
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 04/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company")
(I) Proposed renounceable two (2) call rights issue of up to 5,200,549,005 new ordinary shares of RM0.10 each in SAAG ("Rights Share(s)") on the basis of five (5) Rights Shares for every two (2) existing ordinary shares of RM0.10 each held in SAAG ("SAAG Share(s)") together with up to 1,040,109,801 free detachable warrants ("Warrant(s)") on the basis of one (1) Warrant for every five (5) Rights Shares subscribed ("Proposed Rights Issue");
(II) Proposed issuance of up to such amount of United States Dollar ("USD") (not exceeding the Differential Intended Gross Proceeds as defined below) nominal value five (5)-year unsecured guaranteed exchangeable bonds by SAAG (L) Limited ("SAAGL"), a wholly-owned subsidiary of the Company ("Exchangeable Bonds") which are exchangeable into new SAAG Shares ("Proposed Exchangeable Bonds"); and/or
(III) Proposed issuance of up to such amount of Ringgit Malaysia ("RM") (not exceeding the Differential Intended Gross Proceeds) nominal value of five (5)-year irredeemable convertible preference shares of RM0.10 each in SAAG ("ICPS") which are convertible into new SAAG Shares ("Proposed ICPS Issue");
(IV) Proposed establishment of an Employees' Share Option Scheme ("ESOS") of up to fifteen per centum (15%) of the issued and paid-up share capital of SAAG at anytime for the Directors (including Non-Executive Directors) of SAAG and eligible employees of SAAG and its subsidiaries ("SAAG Group" or "Group") ("Proposed ESOS" or "Scheme"); and
(V) Proposed amendments to the Memorandum and Articles of Association of SAAG ("Memorandum and Articles") ("Proposed Amendments");
(collectively, referred to as the "Proposals").
TECNIC - TECNIC - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
Company Name: TECNIC GROUP BERHAD
Stock Name: TECNIC
Date Announced: 04/03/2011
Announcement Detail:
Subject: TECNIC - NOTICE OF BOOK CLOSURE
Contents: 10% INTERIM TAX EXEMPT DIVDEND.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 16 March 2011 ]
2) The last date of lodgement : [ 18 March 2011 ]
3) Date Payable : [ 8 April 2011 ]
Company Name: TECNIC GROUP BERHAD
Stock Name: TECNIC
Date Announced: 04/03/2011
Announcement Detail:
Subject: TECNIC - NOTICE OF BOOK CLOSURE
Contents: 10% INTERIM TAX EXEMPT DIVDEND.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 16 March 2011 ]
2) The last date of lodgement : [ 18 March 2011 ]
3) Date Payable : [ 8 April 2011 ]
SEG - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 04/03/2011
Announcement Detail:
Date of buy back: 04/03/2011
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 321,000
Minimum price paid for each share purchased ($$): 3.520
Maximum price paid for each share purchased ($$): 3.600
Total consideration paid ($$): 1,146,602.28
Number of shares purchased retained in treasury (units): 321,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 8,068,500
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.17
Remarks: This announcement is dated 4 March 2011.
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 04/03/2011
Announcement Detail:
Date of buy back: 04/03/2011
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 321,000
Minimum price paid for each share purchased ($$): 3.520
Maximum price paid for each share purchased ($$): 3.600
Total consideration paid ($$): 1,146,602.28
Number of shares purchased retained in treasury (units): 321,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 8,068,500
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 (%): 3.17
Remarks: This announcement is dated 4 March 2011.
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