PHARMA - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: PHARMANIAGA BERHAD
Stock Name: PHARMA
Date Announced: 25/03/2011
Announcement Detail:
Date of change: 25/03/2011
Type of change: Appointment
Designation: Director
Directorate: Non Independent & Non Executive
Name: Izzat bin Othman
Age: 50
Nationality: Malaysian
Qualifications: LLB (Hons), University of Malaya
Working experience and occupation: Encik Izzat Othman is a lawyer by profession and is a partner of the law firm of Azzat & Izzat.
He was admitted as an Advocate and Solicitor on 25 January 1986.
Encik Izzat Othman was formerly a director in AFFIN Securities Sdn Bhd and BH Insurance Berhad and has vast experience relating to litigation, conveyancing and corporate matters.
He sits as a Chairman and committee member of the Disciplinary Committee of the Malaysian Bar.
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
Company Name: PHARMANIAGA BERHAD
Stock Name: PHARMA
Date Announced: 25/03/2011
Announcement Detail:
Date of change: 25/03/2011
Type of change: Appointment
Designation: Director
Directorate: Non Independent & Non Executive
Name: Izzat bin Othman
Age: 50
Nationality: Malaysian
Qualifications: LLB (Hons), University of Malaya
Working experience and occupation: Encik Izzat Othman is a lawyer by profession and is a partner of the law firm of Azzat & Izzat.
He was admitted as an Advocate and Solicitor on 25 January 1986.
Encik Izzat Othman was formerly a director in AFFIN Securities Sdn Bhd and BH Insurance Berhad and has vast experience relating to litigation, conveyancing and corporate matters.
He sits as a Chairman and committee member of the Disciplinary Committee of the Malaysian Bar.
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
PHARMA - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: PHARMANIAGA BERHAD
Stock Name: PHARMA
Date Announced: 25/03/2011
Announcement Detail:
Date of change: 25/03/2011
Type of change: Appointment
Designation: Director
Directorate: Non Independent & Non Executive
Name: Ebinesan @ Daniel a/l Gnanakkan
Age: 66
Nationality: Malaysian
Qualifications: Fellow of the Chartered Institute of Management Accountants
Member of the Malaysian Institute of Certified Public Accountants
Member of the Malaysian Institute of Accountants
Working experience and occupation: Mr Daniel Ebinesan is currently a Director of Financial Services of Boustead Holdings Berhad.
He joined the Boustead Holdings Berhad Group on 1 April 1974 as the Group Accountant. He was promoted to Group Chief Accountant on 1 January 1982 and on 1 January 1993, to General Manager, Finance & Administration. On July 1996, he assumed the role of Chief Financial Officer of the Boustead Group.
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
Company Name: PHARMANIAGA BERHAD
Stock Name: PHARMA
Date Announced: 25/03/2011
Announcement Detail:
Date of change: 25/03/2011
Type of change: Appointment
Designation: Director
Directorate: Non Independent & Non Executive
Name: Ebinesan @ Daniel a/l Gnanakkan
Age: 66
Nationality: Malaysian
Qualifications: Fellow of the Chartered Institute of Management Accountants
Member of the Malaysian Institute of Certified Public Accountants
Member of the Malaysian Institute of Accountants
Working experience and occupation: Mr Daniel Ebinesan is currently a Director of Financial Services of Boustead Holdings Berhad.
He joined the Boustead Holdings Berhad Group on 1 April 1974 as the Group Accountant. He was promoted to Group Chief Accountant on 1 January 1982 and on 1 January 1993, to General Manager, Finance & Administration. On July 1996, he assumed the role of Chief Financial Officer of the Boustead Group.
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
SYF - PRACTICE NOTE 1 / GUIDANCE NOTE 5: MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: We refer to our announcement dated 25 February 2011 on the subject matter.
The Board of Directors of SYF Resources Berhad wishes to update that the Company had on 11 March 2011 written to the Corporate Debt Restructuring Committee to propose certain revisions to the proposed put-option in respect of the proposed issuance of Redeemable Convertable Secured Loan Stocks ("RCSLS") to be issued to the Scheme Financiers and/or their respective nominees pursuant to the Proposed Debt Restructuring.
In addition, the Securities Commission had, vide its letter dated 17 March 2011 approved the proposed issuance of RM25,679,325 RCSLS.
This announcement is dated 25 March 2011.
Company Name: SYF RESOURCES BERHAD
Stock Name: SYF
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: We refer to our announcement dated 25 February 2011 on the subject matter.
The Board of Directors of SYF Resources Berhad wishes to update that the Company had on 11 March 2011 written to the Corporate Debt Restructuring Committee to propose certain revisions to the proposed put-option in respect of the proposed issuance of Redeemable Convertable Secured Loan Stocks ("RCSLS") to be issued to the Scheme Financiers and/or their respective nominees pursuant to the Proposed Debt Restructuring.
In addition, the Securities Commission had, vide its letter dated 17 March 2011 approved the proposed issuance of RM25,679,325 RCSLS.
This announcement is dated 25 March 2011.
KOSSAN - General Announcement
Announcement Type: General Announcement
Company Name: KOSSAN RUBBER INDUSTRIES BERHAD
Stock Name: KOSSAN
Date Announced: 25/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-110324-41436
Subject: Proposed Acquisition of 51% Equity Equity of Cleanera HK Limited ("CHKL") from Inout Enterprise ("IE") and Soode Optik Pte Ltd ("SO") for a Total Consideration of US$ 3,060,000.
Description: Further to our announcement on the 24 March 2011, we wish to elaborate further on the following reply.
8. The principal markets of CHKL are mainly to Japan, China and South East Asian countries.
9. Besides the willing-buyer and willing-seller basis and the fact that Kossan is venturing into clean-room gloves that yield higher value added gloves that complements the Company's core business of manufacture and sale of examination and medical gloves, the purchase consideration is arrived at based on CHKL's unaudited management accounts as of 31 December 2010 with net assets of USD3,533,069.
Query Letter content: We refer to your Company's announcement dated 23 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:-
Quantification of the purchase consideration in Ringgit Malaysia and the
exchange rate used;
The breakdown of CHKL's shares held by IE and SO respectively;
The timeframe for full settlement of the purchase consideration;
Further elaboration on the salient term of the agreement in respect of
"provisional net worth of CHKL must be at least USD 3 million";
The particulars of the 6 trademarks that CHKL shall be entitled to;
The directors and major shareholders of IE and SO together with their
respective shareholdings in IE and SO;
Quantification of the Net Assets and Net Profits of CHKL based on the latest
audited financial statements;
The principal markets for CHKL's products together with the percentage of sales
broken down between domestic and foreign markets based on the latest audited
financial statements of CHKL;
The basis in arriving at the purchase consideration other than willing-buyer
willing-seller basis; and
The particulars of all liabilities, including contingent liabilities and
guarantees to be assumed by the Company arising from the 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/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Company Name: KOSSAN RUBBER INDUSTRIES BERHAD
Stock Name: KOSSAN
Date Announced: 25/03/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-110324-41436
Subject: Proposed Acquisition of 51% Equity Equity of Cleanera HK Limited ("CHKL") from Inout Enterprise ("IE") and Soode Optik Pte Ltd ("SO") for a Total Consideration of US$ 3,060,000.
Description: Further to our announcement on the 24 March 2011, we wish to elaborate further on the following reply.
8. The principal markets of CHKL are mainly to Japan, China and South East Asian countries.
9. Besides the willing-buyer and willing-seller basis and the fact that Kossan is venturing into clean-room gloves that yield higher value added gloves that complements the Company's core business of manufacture and sale of examination and medical gloves, the purchase consideration is arrived at based on CHKL's unaudited management accounts as of 31 December 2010 with net assets of USD3,533,069.
Query Letter content: We refer to your Company's announcement dated 23 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:-
Quantification of the purchase consideration in Ringgit Malaysia and the
exchange rate used;
The breakdown of CHKL's shares held by IE and SO respectively;
The timeframe for full settlement of the purchase consideration;
Further elaboration on the salient term of the agreement in respect of
"provisional net worth of CHKL must be at least USD 3 million";
The particulars of the 6 trademarks that CHKL shall be entitled to;
The directors and major shareholders of IE and SO together with their
respective shareholdings in IE and SO;
Quantification of the Net Assets and Net Profits of CHKL based on the latest
audited financial statements;
The principal markets for CHKL's products together with the percentage of sales
broken down between domestic and foreign markets based on the latest audited
financial statements of CHKL;
The basis in arriving at the purchase consideration other than willing-buyer
willing-seller basis; and
The particulars of all liabilities, including contingent liabilities and
guarantees to be assumed by the Company arising from the 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/IJ
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
FUTUTEC - General Announcement
Announcement Type: General Announcement
Company Name: FUTUTECH BERHAD
Stock Name: FUTUTEC
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Additional Information in respect of the following announcement dated 24 March 2011
Fututech Berhad ("Fututech" or "the Company")
Proposed Disposal by E&O Property Development Berhad and Samudra Pelangi Sdn Bhd of their entire securities interest in the Company for a total cash consideration of RM8,780,103.93 ("Proposed Disposal")
Company Name: FUTUTECH BERHAD
Stock Name: FUTUTEC
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Additional Information in respect of the following announcement dated 24 March 2011
Fututech Berhad ("Fututech" or "the Company")
Proposed Disposal by E&O Property Development Berhad and Samudra Pelangi Sdn Bhd of their entire securities interest in the Company for a total cash consideration of RM8,780,103.93 ("Proposed Disposal")
YEN - Quarterly rpt on consolidated results for the financial period ended 31/1/2011
Announcement Type: Financial Results
Company Name: YEN GLOBAL BERHAD
Stock Name: YEN
Date Announced: 25/03/2011
Announcement Detail:
Financial Year End: 31/07/2011
Quarter: 2
Quarterly report for the financial period ended: 31/01/2011
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: YEN GLOBAL BERHAD
Stock Name: YEN
Date Announced: 25/03/2011
Announcement Detail:
Financial Year End: 31/07/2011
Quarter: 2
Quarterly report for the financial period ended: 31/01/2011
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
PPG - GENERAL MEETINGS: OUTCOME OF MEETING
Announcement Type: General Announcement
Company Name: PELANGI PUBLISHING GROUP BHD.
Stock Name: PPG
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: The Board of Directors of Pelangi Publishing Group Bhd is pleased to announce that all resolutions as set out in the Notice of the 9th Annual General Meeting of the Company dated 28 February 2011 and tabled at the said meeting, held today, had been duly passed.
Company Name: PELANGI PUBLISHING GROUP BHD.
Stock Name: PPG
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: The Board of Directors of Pelangi Publishing Group Bhd is pleased to announce that all resolutions as set out in the Notice of the 9th Annual General Meeting of the Company dated 28 February 2011 and tabled at the said meeting, held today, had been duly passed.
TOMEI - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: TOMEI CONSOLIDATED BERHAD
Stock Name: TOMEI
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TOMEI COSOLIDATED BERHAD ("TOMEI" OR "COMPANY")
PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: TOMEI CONSOLIDATED BERHAD
Stock Name: TOMEI
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TOMEI COSOLIDATED BERHAD ("TOMEI" OR "COMPANY")
PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")
PWROOT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: POWER ROOT BERHAD
Stock Name: PWROOT
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: Power Root Berhad (formerly known as Natural Bio Resources Berhad) ("Power Root" or "the Company") wishes to announce that on 17 March 2011, the Company had acquired 100% equity interest in Ali Cafe Sdn Bhd comprising of 3 ordinary shares of RM1.00 each for a cash consideration of RM3.00 ("Acquisition").
Ali Cafe Sdn Bhd is a company incorporated in Malaysia with an issued and paid-up share capital of RM3.00. Ali Cafe Sdn Bhd's principal activity is that of operating restaurants. Since its incorporation, the company has been dormant.
The Acquisition is not expected to have a material effect on the net assets, earnings, share capital, dividend and gearing of Power Root for the financial year ending 28 February 2012.
Save for Dato' How Say Swee, Low Chee Yen and Wong Fuei Boon who each received RM1.00 as consideration for the Acquisition, none of the Directors and/or major shareholders of Power Root Berhad and/or persons connected to them have any interest, direct or indirect, in the Acquisition.
This announcement is dated 25 March 2011
Company Name: POWER ROOT BERHAD
Stock Name: PWROOT
Date Announced: 25/03/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: Power Root Berhad (formerly known as Natural Bio Resources Berhad) ("Power Root" or "the Company") wishes to announce that on 17 March 2011, the Company had acquired 100% equity interest in Ali Cafe Sdn Bhd comprising of 3 ordinary shares of RM1.00 each for a cash consideration of RM3.00 ("Acquisition").
Ali Cafe Sdn Bhd is a company incorporated in Malaysia with an issued and paid-up share capital of RM3.00. Ali Cafe Sdn Bhd's principal activity is that of operating restaurants. Since its incorporation, the company has been dormant.
The Acquisition is not expected to have a material effect on the net assets, earnings, share capital, dividend and gearing of Power Root for the financial year ending 28 February 2012.
Save for Dato' How Say Swee, Low Chee Yen and Wong Fuei Boon who each received RM1.00 as consideration for the Acquisition, none of the Directors and/or major shareholders of Power Root Berhad and/or persons connected to them have any interest, direct or indirect, in the Acquisition.
This announcement is dated 25 March 2011
SCNWOLF - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 25/03/2011
Announcement Detail:
Date of buy back: 25/03/2011
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 48,000
Minimum price paid for each share purchased ($$): 0.420
Maximum price paid for each share purchased ($$): 0.420
Total consideration paid ($$): 20,308.01
Number of shares purchased retained in treasury (units): 48,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,640,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.30
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 25/03/2011
Announcement Detail:
Date of buy back: 25/03/2011
Description of shares purchased: Ordinary Shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 48,000
Minimum price paid for each share purchased ($$): 0.420
Maximum price paid for each share purchased ($$): 0.420
Total consideration paid ($$): 20,308.01
Number of shares purchased retained in treasury (units): 48,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,640,000
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.30
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