March 31, 2011

Company announcements: SCNWOLF, HANDAL, DENKO, GFB, TNLOGIS, MAHSING-CA, SPSETIA-CB, TEXCHEM

SCNWOLF - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 31/03/2011

Announcement Detail:
Date of buy back: 31/03/2011

Description of shares purchased: Ordinary Shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 7,000

Minimum price paid for each share purchased ($$): 0.420

Maximum price paid for each share purchased ($$): 0.420

Total consideration paid ($$): 2,983.89

Number of shares purchased retained in treasury (units): 7,000

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

Cumulative net outstanding treasury shares as at to-date (units): 2,647,000

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 3.31


HANDAL - null

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: HANDAL RESOURCES BERHAD
Stock Name: HANDAL
Date Announced: 31/03/2011

Announcement Detail:
Type: Announcement

Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES

Description: HANDAL RESOURCES BERHAD ("HANDAL" OR THE "COMPANY")

(I) RENOUNCEABLE RIGHTS ISSUE OF 60,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN HANDAL ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.52 PER RIGHTS SHARE TOGETHER WITH 60,000,000 NEW FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF TWO (2) RIGHTS SHARES AND TWO (2) FREE WARRANTS FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.50 EACH HELD IN HANDAL ("HANDAL SHARE(S)") AT 5.00 P.M. ON 10 MARCH 2011 ("RIGHTS ISSUE"); AND

(II) BONUS ISSUE OF 10,000,000 HANDAL SHARES ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY SIX (6) RIGHTS SHARES SUBSCRIBED BY THE EXISTING SHAREHOLDERS OF HANDAL AND/OR THEIR RENOUNCEE(S) PURSUANT TO THE RIGHTS ISSUE ("BONUS ISSUE")

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")


DENKO - null

Announcement Type: General Announcement
Company Name: DENKO INDUSTRIAL CORPORATION BERHAD
Stock Name: DENKO
Date Announced: 31/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: KUALA LUMPUR HIGH COURT SUIT NO. 5-22-1689-2007
HONG LEONG BANK BERHAD (PLAINTIFF)
- AGAINST-
DENKO INDUSTRIAL CORPORATION BERHAD ("DENKO" or "COMPANY") AND
FOUR FORMER DIRECTORS OF SKIVA HOLDINGS SDN. BHD. ("SHSB") ("DEFENDANT") ("1ST Suit)

KUALA LUMPUR HIGH COURT SUIT NO. D4-22-15-2008
HONG LEONG BANK BERHAD (PLAINTIFF)
-AGAINST-
DENKO INDUSTRIAL CORPORATION BERHAD AND FIVE FORMER DIRECTORS OF NEW HEIGHT MARKETING SDN. BHD ("NHMSB") ("DEFENDANT") (2ND SUIT)

TAIPING HIGH COURT SUIT NO. 24-19-2008
HONG LEONG BANK BERHAD ("PLAINTIFF")
-AGAINST- DENKO MAGAMENT SERVICES SDN. BHD. ("DMSB") ("DEFENDANT") (3RD SUIT)


DENKO - null

Announcement Type: General Announcement
Company Name: DENKO INDUSTRIAL CORPORATION BERHAD
Stock Name: DENKO
Date Announced: 31/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: DISPOSAL OF A SUBSIDIARY - EROMAX INDUSTRIES SDN. BHD. ("EROMAX")


GFB - null

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: GOLDEN FRONTIER BERHAD
Stock Name: GFB
Date Announced: 31/03/2011

Announcement Detail:
Date of buy back: 31/03/2011

Description of shares purchased: Ordinary Shares of RM1 Each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 15,000

Minimum price paid for each share purchased ($$): 1.410

Maximum price paid for each share purchased ($$): 1.430

Total consideration paid ($$): 21,426.01

Number of shares purchased retained in treasury (units): 15,000

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

Cumulative net outstanding treasury shares as at to-date (units): 2,919,000

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 (%): 5.16

Remarks: Total consideration paid for shares purchased is inclusive of brokerage, clearing house fee and stamp duty.

This announcement is dated 31/03/2011.


TNLOGIS - null

Announcement Type: Change in Boardroom
Company Name: TIONG NAM LOGISTICS HOLDINGS BERHAD
Stock Name: TNLOGIS
Date Announced: 31/03/2011

Announcement Detail:
Date of change: 01/04/2011

Type of change: Appointment

Designation: Executive Director

Directorate: Executive

Name: ONG WEI KUAN

Age: 31

Nationality: MALAYSIAN

Qualifications: BACHELOR OF SCIENCE IN INFORMATION SYSTEM FROM LEEDS UNIVERSITY OF UNITED KINGDOM.

Working experience and occupation: HE JOINED TIONG NAM GROUP OF COMPANIES IN YEAR 2005 AS HEAD OF IT AND COST MANAGEMENT DEPARTMENT AFTER HIS GRADUATION FROM LEEDS UNIVERSITY OF UNITED KINGDOM.

Directorship of public companies (if any): NIL

Family relationship with any director and/or major shareholder of the listed issuer: SON OF MR ONG YOONG NYOCK AND MADAM YONG KWEE LIAN, DIRECTORS AND SUBSTANTIAL SHAREHOLDERS OF THE LISTED ISSUER.

Any conflict of interests that he/she has with the listed issuer: NO

Details of any interest in the securities of the listed issuer or its subsidiaries: NIL

Remarks: MR ONG WEI KUAN DOES NOT HAVE ANY CONFLICT OF INTERESTS WITH THE LISTED ISSUER EXCEPT FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND TRADING NATURE ("RRPT") AS DETAILED IN THE CIRCULAR TO SHAREHOLDERS DATED 3 SEPTEMBER 2010. ALL THESE RRPT HAVE BEEN APPROVED BY SHAREHOLDERS AT THE ANNUAL GENERAL MEETING HELD ON 25 SEPTEMBER 2010.


TNLOGIS - null

Announcement Type: Change in Boardroom
Company Name: TIONG NAM LOGISTICS HOLDINGS BERHAD
Stock Name: TNLOGIS
Date Announced: 31/03/2011

Announcement Detail:
Date of change: 01/04/2011

Type of change: Redesignation

Previous Position: Non-Executive Director

New Position: Non-Executive Director

Directorate: Independent & Non Executive

Name: LING CHENG FAH @ LING CHENG MING

Age: 61

Nationality: MALAYSIAN

Qualifications: BACHELOR OF COMMERCE, A MEMBER OF INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA AND MALAYSIAN INSTITUTE OF ACCOUNTANTS

Working experience and occupation: HE HAS MORE THAN 30 YEARS EXPERIENCE IN FINANCE AND MERCHANT BANKING. HE JOINED TIONG NAM TRADING & TRANSPORT (M) SDN BHD, A WHOLLY OWNED SUBSIDIARY OF TNLOGIS IN 1992 AND WAS PRIMARILY RESPONSIBLE FOR THE FINANCIAL AND CORPORATE FUNCTIONS OF THE TNLOGIS 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: DIRECT INTEREST
15,000 ORDINARY SHARES IN TNLOGIS
DEEMED INTEREST
3,000 ORDINARY SHARES IN TNLOGIS

Remarks: REDESIGNATED FROM NON INDEPENDENT & NON EXECUTIVE TO INDEPENDENT & NON EXECUTIVE.


MAHSING-CA - null

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Name: MAHSING-CA: CW MAH SING GROUP BERHAD (CIMB)
Stock Name: MAHSING-CA
Date Announced: 31/03/2011

Announcement Detail:
Type: Announcement

Subject: STRUCTURED WARRANTS ANNOUNCEMENT
FINAL SETTLEMENT

Description: CIMB BANK BERHAD ("CIMB BANK")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MAH SING GROUP BERHAD ("MAHSING") ("MAHSING-CA")


SPSETIA-CB - null

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Name: SPSETIA-CB: CW SP SETIA BERHAD (CIMB)
Stock Name: SPSETIA-CB
Date Announced: 31/03/2011

Announcement Detail:
Type: Announcement

Subject: STRUCTURED WARRANTS ANNOUNCEMENT
FINAL SETTLEMENT

Description: CIMB BANK BERHAD ("CIMB BANK")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SP SETIA BERHAD ("SPSETIA") ("SPSETIA-CB")


TEXCHEM - null

Announcement Type: General Announcement
Company Name: TEXCHEM RESOURCES BERHAD
Stock Name: TEXCHEM
Date Announced: 31/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: ISSUANCE OF PRIVATE DEBT SECURITIES OF UP TO RM100.0 MILLION - RM100.0 MILLION COMMERCIAL PAPERS ("CP") AND/OR MEDIUM TERM NOTES ("MTN") PROGRAMME ("CP/MTN PROGRAMME") BY TEXCHEM RESOURCES BHD.


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