PERISAI - null
Announcement Type: General Announcement
Company Name: PERISAI PETROLEUM TEKNOLOGI BHD
Stock Name: PERISAI
Date Announced: 31/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-110330-55619
Subject: THE PROPOSED ACQUISITION BY PERISAI PETROLEUM TEKNOLOGI BERHAD ("PERISAI") OF 100% EQUITY INTEREST IN GARUDA ENERGY (L) LTD ("TARGET COMPANY") FOR A TOTAL PURCHASE CONSIDERATION OF USD70 MILLION TO BE SATISFIED BY WAY OF CASH AND THE ISSUANCE OF NEW ORDINARY SHARES OF PERISAI ("PROPOSED ACQUISITION")
Description: Please refer to the attachment for further details of the announcement.
Query Letter content: We refer to your Company's announcement dated 29 March 2011 in respect of the
above matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
1. The number of consideration shares to be issued.
2. The source of fund for the Proposed Acquisition and its breakdown.
3. The description of business carried on by Target Company.
4. The date of incorporation of Target Company.
5. The cost incurred by Target Company in converting Rubicone into a Mobile
Offshore Production Unit.
6. The particulars of all liabilities, including contingent liabilities and
guarantees to be assumed by Perisai arising from the Proposed Acquisition.
7. The names of Target Company's directors and substantial shareholders and
their respective shareholdings.
8. The date Gryphon Energy (M) Sdn Bhd ("GEM") was awarded a contract to
lease, operate and maintain a MOPU for a period of 2+1+1 years.
9. The basis in arriving at the expected revenue to be generated by GEM of
approximately of USD25 million per annum .
10. The names of GEM's directors and substantial shareholders and their
respective shareholdings.
11. Further clarification on the basis of arriving at the purchase
consideration.
12. The justification for the issue price of RM0.65 per consideration share
which is more than 10% discount of the current market price.
13. The details of the asset owned by the Target Company.
14. The original cost of investment and date of investment by the vendor in
the Target Company.
15. Further clarification on the rationale for the acquisition of the Target
Company from the vendor in view of the disposal of the Target Company to the
vendor in 2010.
16. The details of the prospects of the Target Company.
17. The financial effects of the Proposed Acquisition including on earnings per
share, net assets per share, gearing, share capital and substantial
shareholding of Perisai.
18.The operational impact of the Proposed Acquisition on Perisai.
19. In view of the interest of Dato Dr. Mohamed Ariffin bin Hj Aton in the
Proposed Acqusition as disclosed in the announcement, to clarify whether the
transaction is a Related Party Transaction pursuant to Paragraph 10.08 of the
Main Market Listing Requirements (" LR").
20. To also state the basis of the Board Directors' recommendation to grant
approval for Perisai to enter into the Term Sheet with the vendor (which
material terms contained therein, shall be a binding agreement), taking into
consideration the Board of Directors' opinion as stated in Perisai's
announcement dated 10 May 2010 that the disposal of Garuda Energy (L) Ltd to Mr
Nagendran Nadarajah was in the best interest of Perisai.
21. The highest percentage ratio applicable to the Proposed Acquisition
pursuant to paragraph 10.02(g) of the LR.
22. All other relevant information as stipulated under Appendices 10A and 10C
of the LR.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
SUZ/ ZOOS
c.c.General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Attachments: Perisai-reply to Bursa(310311).doc
Company Name: PERISAI PETROLEUM TEKNOLOGI BHD
Stock Name: PERISAI
Date Announced: 31/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-110330-55619
Subject: THE PROPOSED ACQUISITION BY PERISAI PETROLEUM TEKNOLOGI BERHAD ("PERISAI") OF 100% EQUITY INTEREST IN GARUDA ENERGY (L) LTD ("TARGET COMPANY") FOR A TOTAL PURCHASE CONSIDERATION OF USD70 MILLION TO BE SATISFIED BY WAY OF CASH AND THE ISSUANCE OF NEW ORDINARY SHARES OF PERISAI ("PROPOSED ACQUISITION")
Description: Please refer to the attachment for further details of the announcement.
Query Letter content: We refer to your Company's announcement dated 29 March 2011 in respect of the
above matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
1. The number of consideration shares to be issued.
2. The source of fund for the Proposed Acquisition and its breakdown.
3. The description of business carried on by Target Company.
4. The date of incorporation of Target Company.
5. The cost incurred by Target Company in converting Rubicone into a Mobile
Offshore Production Unit.
6. The particulars of all liabilities, including contingent liabilities and
guarantees to be assumed by Perisai arising from the Proposed Acquisition.
7. The names of Target Company's directors and substantial shareholders and
their respective shareholdings.
8. The date Gryphon Energy (M) Sdn Bhd ("GEM") was awarded a contract to
lease, operate and maintain a MOPU for a period of 2+1+1 years.
9. The basis in arriving at the expected revenue to be generated by GEM of
approximately of USD25 million per annum .
10. The names of GEM's directors and substantial shareholders and their
respective shareholdings.
11. Further clarification on the basis of arriving at the purchase
consideration.
12. The justification for the issue price of RM0.65 per consideration share
which is more than 10% discount of the current market price.
13. The details of the asset owned by the Target Company.
14. The original cost of investment and date of investment by the vendor in
the Target Company.
15. Further clarification on the rationale for the acquisition of the Target
Company from the vendor in view of the disposal of the Target Company to the
vendor in 2010.
16. The details of the prospects of the Target Company.
17. The financial effects of the Proposed Acquisition including on earnings per
share, net assets per share, gearing, share capital and substantial
shareholding of Perisai.
18.The operational impact of the Proposed Acquisition on Perisai.
19. In view of the interest of Dato Dr. Mohamed Ariffin bin Hj Aton in the
Proposed Acqusition as disclosed in the announcement, to clarify whether the
transaction is a Related Party Transaction pursuant to Paragraph 10.08 of the
Main Market Listing Requirements (" LR").
20. To also state the basis of the Board Directors' recommendation to grant
approval for Perisai to enter into the Term Sheet with the vendor (which
material terms contained therein, shall be a binding agreement), taking into
consideration the Board of Directors' opinion as stated in Perisai's
announcement dated 10 May 2010 that the disposal of Garuda Energy (L) Ltd to Mr
Nagendran Nadarajah was in the best interest of Perisai.
21. The highest percentage ratio applicable to the Proposed Acquisition
pursuant to paragraph 10.02(g) of the LR.
22. All other relevant information as stipulated under Appendices 10A and 10C
of the LR.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully
SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
SUZ/ ZOOS
c.c.General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Attachments: Perisai-reply to Bursa(310311).doc
ECM - null
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name: ECM
Date Announced: 31/03/2011
Announcement Detail:
Date of buy back: 31/03/2011
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 6,362,400
Minimum price paid for each share purchased ($$): 0.860
Maximum price paid for each share purchased ($$): 0.900
Total consideration paid ($$): 5,660,302.85
Number of shares purchased retained in treasury (units): 6,362,400
Cumulative net outstanding treasury shares as at to-date (units): 19,388,416
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.33
Company Name: ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name: ECM
Date Announced: 31/03/2011
Announcement Detail:
Date of buy back: 31/03/2011
Description of shares purchased: Ordinary Shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 6,362,400
Minimum price paid for each share purchased ($$): 0.860
Maximum price paid for each share purchased ($$): 0.900
Total consideration paid ($$): 5,660,302.85
Number of shares purchased retained in treasury (units): 6,362,400
Cumulative net outstanding treasury shares as at to-date (units): 19,388,416
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 2.33
TALAM - null
Announcement Type: General Announcement
Company Name: TALAM CORPORATION BERHAD
Stock Name: TALAM
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TALAM CORPORATION BERHAD ("TALAM" or "the Company")
OUTSTANDING RELATED PARTY RECEIVABLES
Attachments: RPT-31-1-2011.xls
Company Name: TALAM CORPORATION BERHAD
Stock Name: TALAM
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TALAM CORPORATION BERHAD ("TALAM" or "the Company")
OUTSTANDING RELATED PARTY RECEIVABLES
Attachments: RPT-31-1-2011.xls
KEURO - null
Announcement Type: Financial Results
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 31/03/2011
Announcement Detail:
Financial Year End: 31/01/2011
Quarter: 4
Quarterly report for the financial period ended: 31/01/2011
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 31/03/2011
Announcement Detail:
Financial Year End: 31/01/2011
Quarter: 4
Quarterly report for the financial period ended: 31/01/2011
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
KEURO - null
Announcement Type: General Announcement
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: KUMPULAN EUROPLUS BERHAD ("KEURO" or "the Company")
OUTSTANDING RELATED PARTY RECEIVABLES
Attachments: Bursa 4Q - RPT.doc
Company Name: KUMPULAN EUROPLUS BERHAD
Stock Name: KEURO
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: KUMPULAN EUROPLUS BERHAD ("KEURO" or "the Company")
OUTSTANDING RELATED PARTY RECEIVABLES
Attachments: Bursa 4Q - RPT.doc
NAMFATT - null
Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: NAM FATT CORPORATION BERHAD
Stock Name: NAMFATT
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
Description: NAM FATT CORPORATION BERHAD ("NAM FATT" OR "THE COMPANY")
-SUSPENSION AND DE-LISTING OF THE SECURITIES OF NAM FATT
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: NAM FATT CORPORATION BERHAD
Stock Name: NAMFATT
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
Description: NAM FATT CORPORATION BERHAD ("NAM FATT" OR "THE COMPANY")
-SUSPENSION AND DE-LISTING OF THE SECURITIES OF NAM FATT
TIMECOM - null
Announcement Type: General Announcement
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TIME DOTCOM BERHAD ("TIME" or the "Company"):
ASTRO-TIME COLLABORATION AGREEMENT BETWEEN TT DOTCOM SDN BHD ("TTdC") AND MEASAT BROADCAST NETWORK SYSTEMS SDN BHD ("MBNS")
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TIME DOTCOM BERHAD ("TIME" or the "Company"):
ASTRO-TIME COLLABORATION AGREEMENT BETWEEN TT DOTCOM SDN BHD ("TTdC") AND MEASAT BROADCAST NETWORK SYSTEMS SDN BHD ("MBNS")
BANENG - null
Announcement Type: General Announcement
Company Name: BANENG HOLDINGS BHD
Stock Name: BANENG
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: In compliance with Paragraph 3.2 of PN1/2001 of the Main Market Listing Requirements and the Company's announcement made on 28 February 2011, the Board of Directors of Baneng wishes to inform that there was no update on the Proposed Restructuring Scheme.
This announcement is dated 31 March 2011.
Company Name: BANENG HOLDINGS BHD
Stock Name: BANENG
Date Announced: 31/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: In compliance with Paragraph 3.2 of PN1/2001 of the Main Market Listing Requirements and the Company's announcement made on 28 February 2011, the Board of Directors of Baneng wishes to inform that there was no update on the Proposed Restructuring Scheme.
This announcement is dated 31 March 2011.
TSTORE - null
Announcement Type: Change in Audit Committee
Company Name: THE STORE CORPORATION BERHAD
Stock Name: TSTORE
Date Announced: 31/03/2011
Announcement Detail:
Date of change: 29/03/2011
Type of change: Retirement
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Dato' Haji Mohd Yusoff bin Haji Amin
Age: 80
Nationality: Malaysian
Qualifications: Not Applicable
Working experience and occupation: Retired - Public Service
Directorship of public companies (if any): None
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
Composition of Audit Committee (Name and Directorate of members after change): Dato' Dr Hj Kardin bin Hj Shukor (Chairman-Independent Non-Executive director)
Mr Yeoh Chong Keng (Independent Non-Executive Director)
Mr Lim Gin Chuan (Independent Non-Executive Director)
Remarks: Retired at Annual General Meeting held on 29 March 2011 and did not seek re-appointment pursuant to Section 129(6) of the Companies Act, 1965.
Company Name: THE STORE CORPORATION BERHAD
Stock Name: TSTORE
Date Announced: 31/03/2011
Announcement Detail:
Date of change: 29/03/2011
Type of change: Retirement
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Dato' Haji Mohd Yusoff bin Haji Amin
Age: 80
Nationality: Malaysian
Qualifications: Not Applicable
Working experience and occupation: Retired - Public Service
Directorship of public companies (if any): None
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
Composition of Audit Committee (Name and Directorate of members after change): Dato' Dr Hj Kardin bin Hj Shukor (Chairman-Independent Non-Executive director)
Mr Yeoh Chong Keng (Independent Non-Executive Director)
Mr Lim Gin Chuan (Independent Non-Executive Director)
Remarks: Retired at Annual General Meeting held on 29 March 2011 and did not seek re-appointment pursuant to Section 129(6) of the Companies Act, 1965.
BORNOIL - null
Announcement Type: Financial Results
Company Name: BORNEO OIL BERHAD
Stock Name: BORNOIL
Date Announced: 31/03/2011
Announcement Detail:
Financial Year End: 31/01/2011
Quarter: 4
Quarterly report for the financial period ended: 31/01/2011
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: BORNEO OIL BERHAD
Stock Name: BORNOIL
Date Announced: 31/03/2011
Announcement Detail:
Financial Year End: 31/01/2011
Quarter: 4
Quarterly report for the financial period ended: 31/01/2011
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
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