March 22, 2011

Company announcements: PCCS, HSL, TIGER, JOTECH, YIKON, DIALOG, LIONFIB, RPB, WCT, PRESTAR

PCCS - General Announcement

Announcement Type: General Announcement
Company Name: PCCS GROUP BERHAD
Stock Name: PCCS
Date Announced: 22/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: PCCS GROUP BERHAD (PCCS)
- INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY COMPANY IN SHANGHAI, NAMELY SHAN SHAN TRADING (SHANGHAI) LIMITED, BY THIRTY THREE (HONG KONG) LIMITED, A WHOLLY-OWNED SUBSIDIARY OF PCCS


HSL - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HOCK SENG LEE BERHAD
Stock Name: HSL
Date Announced: 22/03/2011

Announcement Detail:
Date of buy back: 22/03/2011

Description of shares purchased: Ordinary shares of RM0.20 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 245,100

Minimum price paid for each share purchased ($$): 1.810

Maximum price paid for each share purchased ($$): 1.830

Total consideration paid ($$): 446,082.00

Number of shares purchased retained in treasury (units): 245,100

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

Cumulative net outstanding treasury shares as at to-date (units): 29,226,658

Adjusted issued capital after cancellation (no. of shares) (units): 582,676,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.02


TIGER - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: PUBLIC INVESTMENT BANK BERHAD
Company Name: TIGER SYNERGY BERHAD
Stock Name: TIGER
Date Announced: 22/03/2011

Announcement Detail:
Type: Announcement

Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)

Description: TIGER SYNERGY BERHAD (FORMERLY KNOWN AS MINPLY HOLDING (M) BERHAD) ("TSB" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 26,400,000 NEW ORDINARY SHARES OF RM0.20 EACH IN TSB ("TSB SHARES") ("PLACEMENT SHARES"), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TSB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED PRIVATE PLACEMENT")

(All the abbreviations used in this announcement are as defined in our previous announcement dated 10 March 2011)


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

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: JOTECH HOLDINGS BERHAD
Stock Name: JOTECH
Date Announced: 22/03/2011

Announcement Detail:
Type: Announcement

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

Description: JOTECH HOLDINGS BERHAD ("Jotech" or "the Company")

- Proposed acquisition of the entire equity interest in Malgreen Progress Sdn Bhd ("MPSB") from Hiew Yon Fo and Pang Kim Fan ("Vendors") for a purchase consideration of RM23,096,636 to be satisfied by RM8,096,636 cash and the issuance of 150,000,000 new ordinary shares of RM0.10 each in Jotech Jotech ("Jotech Shares"); and

- Proposed acquisition of the entire equity interest in Cergas Fortune Sdn Bhd ("CFSB") from the Vendors for a purchase consideration of RM4,059,364 to be satisfied by RM1,059,364 cash and the issuance of 30,000,000 new Jotech Shares

(Collectively "Proposed Acquisitions")


YIKON - Default in payment

Announcement Type: General Announcement
Company Name: YIKON CORPORATION BERHAD
Stock Name: YIKON
Date Announced: 22/03/2011

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-110321-40499

Subject: Default in payment

Description: Please refer to the attachment for details of announcement.

This announcement is dated 22 March 2011.

Query Letter content: We refer to your Company's announcement dated 18 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:-

Whether Yikon Jewellery Industry Sdn Bhd ("YJI") is a major subsidiary of the
Company at the point of the default on 28 February 2010 and 1 March 2010;
Quantification of the losses incurred by YJI arising from the
non-recoverability of the debt from The Royal Mint of Malaysia Sdn Bhd ("RMM"),
and whether the losses has been incorporated in the financial statements of the
Company. If yes, to state which financial statements year/period the losses has
been incorporated into;
Further elaboration on the nature of the suit filed against RMM and the
status/outcome of the suit;
The date your Company had procured the agreements in-principle from the banks,
and the tentative date the said agreements in-principle will be formalised with
the banks;
Further elaboration on how the proposal dated 27 January 2011 will help to
restore the financial stability of the Company; and
The details of the other credit facilities under the "cross
default".

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/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)

Attachments: Default payment-Query.pdf


DIALOG - OTHERS: Incorporation of Dialog Pengerang Sdn Bhd

Announcement Type: General Announcement
Company Name: DIALOG GROUP BERHAD
Stock Name: DIALOG
Date Announced: 22/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: Incorporation of Dialog Pengerang Sdn Bhd


LIONFIB - General Announcement

Announcement Type: General Announcement
Company Name: LION FOREST INDUSTRIES BERHAD
Stock Name: LIONFIB
Date Announced: 22/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: DISPOSAL BY LFIB OF APPROXIMATELY 97.78% EQUITY INTEREST IN SABAH FOREST INDUSTRIES SDN BHD ("SFI") (THE "DISPOSAL")


RPB - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company Name: RELIANCE PACIFIC BERHAD
Stock Name: RPB
Date Announced: 22/03/2011

Announcement Detail:
Type: Announcement

Subject: WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Description: Members' Voluntary winding-up of subsidiary companies


WCT - WCT- EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: WCT BERHAD
Stock Name: WCT
Date Announced: 22/03/2011

Announcement Detail:
Subject: WCT- EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Contents: Further to Listing's Circular No. L/Q : 60577 of 2011, please be advised that the number of new ordinary shares should read as 1,940,126 instead of 1,940,129.

Any inconvenience caused is regretted.


PRESTAR - General Announcement

Announcement Type: General Announcement
Company Name: PRESTAR RESOURCES BERHAD
Stock Name: PRESTAR
Date Announced: 22/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: PRESTAR RESOURCES BHD ("PRESTAR" OR "COMPANY")
- MEMBERS' VOLUNTARY WINDING-UP OF PRESTAR VENTURES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PRESTAR


No comments:

Post a Comment