July 1, 2011

Company announcements: OIB, PETGAS, TEKALA, JERNEH, CRESNDO, ARK, MAGNI, DEGEM, MINETEC

OIB - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ORIENTAL INTEREST BERHAD
Stock Name: OIB
Date Announced: 01/07/2011

Announcement Detail:
Date of change: 01/07/2011

Type of change: Resignation

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: Chin Kuet Sen

Age: 48

Nationality: Malaysian

Qualifications: Bachelor of Law and Bachelor of Economics (Major in Accounting) degrees from Monash University.

Working experience and occupation: He began his career with Chew Tan & Lim, Penang in 1990, specialising in conveyancing, civil litigations, banking and corporate work, and was admitted to Malaysian Bar in the same year. He joined Oo Gin Sun, Bakar & Co., in 1993 and became the Managing Partner for Sungai Petani office, in-charge of conveyancing financial institution documentation and corporate work.

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 - 2,000 of shares


PETGAS - OTHERS

Announcement Type: General Announcement
Company Name: PETRONAS GAS BERHAD
Stock Name: PETGAS
Date Announced: 01/07/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: EXECUTION OF SHAREHOLDERS AGREEMENT BETWEEN
PETRONAS GAS BERHAD AND NRG CONSORTIUM (SABAH) SDN BHD


TEKALA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): ESOS

Announcement Type: General Announcement
Submitting Merchant Bank: HWANGDBS INVESTMENT BANK BERHAD
Company Name: TEKALA CORPORATION BERHAD
Stock Name: TEKALA
Date Announced: 01/07/2011

Announcement Detail:
Type: Announcement

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

Description: TEKALA CORPORATION BERHAD ("Tekala" or the "Company")
Proposed establishment of an employees' share option scheme

Attachments: Tekala_Proposed ESOS.pdf


JERNEH - PRACTICE NOTE 17 / GUIDANCE NOTE 3: MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: JERNEH ASIA BERHAD
Stock Name: JERNEH
Date Announced: 01/07/2011

Announcement Detail:
Type: Announcement

Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT

Description: JERNEH ASIA BERHAD ("JAB" OR THE "COMPANY")

MONTHLY ANNOUNCEMENT ON STATUS OF PLAN TO REGULARISE CONDITION PURSUANT TO PRACTICE NOTES 16 AND 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD


CRESNDO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: CRESCENDO CORPORATION BERHAD
Stock Name: CRESNDO
Date Announced: 01/07/2011

Announcement Detail:
Date of buy back: 01/07/2011

Description of shares purchased: Ordinary shares of RM1.00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 3,500

Minimum price paid for each share purchased ($$): 1.630

Maximum price paid for each share purchased ($$): 1.640

Total consideration paid ($$): 5,762.71

Number of shares purchased retained in treasury (units): 3,500

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

Cumulative net outstanding treasury shares as at to-date (units): 20,000

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 (%): 0.01


ARK - PRACTICE NOTE 1 / GUIDANCE NOTE 5: MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 01/07/2011

Announcement Detail:
Type: Announcement

Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT

Description: Further to our announcement made on 1 June 2011, ARK Resources Berhad (ARK) wishes to update that pursuant to the Debt Restructuring Scheme, the Redeemable Convertible Secured Loan Stocks ("RCSLS") were issued to the Scheme Creditors on 30 June 2011.

ARK is in the midst of settling the cash portion to the relevant financial institutions pursuant to the Debt Restructuring Scheme.

This announcement is dated 1 July 2011.


ARK - PRACTICE NOTE 17 / GUIDANCE NOTE 3: MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company Name: ARK RESOURCES BERHAD
Stock Name: ARK
Date Announced: 01/07/2011

Announcement Detail:
Type: Announcement

Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT

Description: On behalf of the Board of Directors of ARK Resources Berhad (ARK), we wish to update that the Corporate Restructuring Scheme comprising the following has been completed on 30 June 2011:-

(I) Capital Reduction of the Issued and Paid Up Share Capital of ARK ("Capital Reduction");


(II) Renounceable Rights Issue of 15,475,725 Rights Shares on the basis of three (3) new ordinary shares for every Four (4) Ordinary Shares of RM1.00 each held (after the Capital Reduction) together with 15,475,725 Free Detachable Warrants on the basis of One (1) Free Detachable Warrant for every One (1) Rights Share subscribed ("Rights Issue");

(III) Placement Of 5,000,000 Placement Shares to be issued at Par of RM1.00 each with Free Detachable Warrants on the Basis of One (1) Free Detachable Warrant for Every One (1) Placement Share subscribed ("Placement"); and

(IV) Restructuring of the Debts Of Scheme Companies under a S176 Scheme of arrangement entailing the issuance of Redeemable Convertible Secured Loan Stocks ("Debt Restructuring").

ARK shall be making an application to the Bursa Malaysia Securities Berhad in due course to uplift the PN17 status.

This announcement is dated 1 July 2011


MAGNI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company Name: MAGNI-TECH INDUSTRIES BERHAD
Stock Name: MAGNI
Date Announced: 01/07/2011

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD

Description: Notification of dealings by a Director in the securities of Magni-Tech Industries Berhad ("Magni" or "the Company") during closed period.


DEGEM - OTHERS

Announcement Type: General Announcement
Company Name: DEGEM BERHAD
Stock Name: DEGEM
Date Announced: 01/07/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: DEGEM BERHAD ("DeGem" or "the Company")
CREDIT FACILITIES OF USD6 MILLION GRANTED BY OCBC BANK (MALAYSIA) BERHAD TO THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, DEGEM MASTERPIECE SDN. BHD. ("Credit Facilities")


MINETEC - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: MINETECH RESOURCES BERHAD
Stock Name: MINETEC
Date Announced: 01/07/2011

Announcement Detail:
Date of change: 01/07/2011

Type of change: Appointment

Designation: Chief Operating Officer

Directorate: Executive

Name: Loh Poh Im

Age: 46

Nationality: Malaysian

Qualifications: Ms Loh Poh Im graduated from the University of Malaya with an honours degree in Accountancy and subsequently qualified as a Chartered Accountant.

Working experience and occupation: Ms Loh was the Group Financial Controller/Director of a company listed on Bursa Malaysia Securities Berhad prior to her employment as Group Financial Controller of the Company in 2005. She has previously worked as Accountant in public listed group and multinational company.

Currently, Ms Loh oversees the day to day operations and functions of the Group including quarry, premix & bituminous production, contract works, purchasing and inventory control, finance and accounts, IT, human resources and administration.

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


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