November 22, 2011

Company announcements: CCM, YTL, GENM, TIMECOM, MAMEE, TENAGA, YTLPOWR, HOOVER, AIRB, SPSETIA

CCM - Quarterly rpt on consolidated results for the financial period ended 30/9/2011

Announcement Type: Financial Results
Company Name: CHEMICAL COMPANY OF MALAYSIA BERHAD
Stock Name: CCM
Date Announced: 22/11/2011

Announcement Detail:
Financial Year End: 31/12/2011

Quarter: 3

Quarterly report for the financial period ended: 30/09/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


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

Announcement Type: Listing Circular
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 22/11/2011

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

Contents: Kindly be advised that the abovementioned Company's additional 1,480,000 new ordinary shares of RM0.10 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 24 November 2011.


GENM - GENM-EXECUTIVE SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: GENTING MALAYSIA BERHAD
Stock Name: GENM
Date Announced: 22/11/2011

Announcement Detail:
Subject: GENM-EXECUTIVE SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 55,000 new ordinary shares of RM0.10 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 24 November 2011.


TIMECOM - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 22/11/2011

Announcement Detail:
Type: Announcement

Subject: GENERAL MEETINGS
OUTCOME OF MEETING

Description: TIME DOTCOM BERHAD ("TdC" OR "COMPANY")

(I) PROPOSED ACQUISITIONS BY TdC OF:
(A) 100% EQUITY STAKES IN GLOBAL TRANSIT COMMUNICATIONS SDN BHD ("GTC") FROM PULAU KAPAS VENTURES SDN BHD FOR A PURCHASE CONSIDERATION OF RM102,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 28,732,394 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH;
(B) 100% EQUITY STAKES IN GLOBAL TRANSIT LIMITED ("GTL") FROM MEGAWISRA SDN BHD, HALFMOON BAY CAPITAL LIMITED, ACCURATE GAIN PROFITS LIMITED, CONTINUUM CAPITAL SDN BHD AND NICHOLAS LIM PING FOR A PURCHASE CONSIDERATION OF RM101,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 17,070,421 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM40,400,000;
(C) 100% EQUITY STAKES IN GLOBAL TRANSIT ENTITIES FROM GLOBAL TRANSIT INTERNATIONAL SDN BHD FOR A CASH CONSIDERATION OF RM1.00 EACH; AND
(D) 100% EQUITY STAKES IN AIMS GROUP FROM MEGAWISRA SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM119,000,000 TO BE FULLY SETTLED VIA THE ISSUANCE OF 20,112,676 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM47,600,000,
(COLLECTIVELY, "PROPOSED ACQUISITIONS");

(II) PROPOSED CAPITAL REPAYMENT OF RM50,615,500 REPRESENTING RM0.02 PER EXISTING TdC SHARE TO THE ENTITLED SHAREHOLDERS OF TdC PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 ("PROPOSED CAPITAL REPAYMENT");

(III) PROPOSED CAPITAL RESTRUCTURING COMPRISING:
(A) PROPOSED CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TdC VIA THE CANCELLATION OF RM0.90 OF THE PAR VALUE OF EACH TdC SHARE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED CAPITAL REDUCTION");
(B) PROPOSED SET-OFF OF TdC'S SHARE PREMIUM ACCOUNT AGAINST THE ACCUMULATED LOSSES OF TdC; AND
(C) PROPOSED SHARE CONSOLIDATION OF 2,530,775,000 TdC SHARES OF PAR VALUE OF RM0.10 EACH (AFTER THE PROPOSED CAPITAL REDUCTION) INTO 506,155,000 TdC SHARES OF PAR VALUE OF RM0.50 EACH IN TdC, ON THE BASIS OF FIVE (5) TdC SHARES OF PAR VALUE OF RM0.10 EACH INTO ONE (1) TdC SHARE OF RM0.50 EACH;
(COLLECTIVELY, "PROPOSED CAPITAL RESTRUCTURING");

(IV) PROPOSED EXEMPTION FOR MEGAWISRA SDN BHD ("MEGAWISRA") AND THE PERSONS ACTING IN CONCERT WITH MEGAWISRA (COLLECTIVELY, "PAC GROUP") FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY THEM ARISING UPON COMPLETION OF THE PROPOSED ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("PROPOSED PAC GROUP EXEMPTION");

(V) PROPOSED EXEMPTION FOR MEGAWISRA FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY IT ARISING FROM THE COMPLETION OF THE PROPOSED ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("PROPOSED MEGAWISRA EXEMPTION"),

(THE PROPOSED PAC GROUP EXEMPTION AND THE PROPOSED MEGAWISRA EXEMPTION ARE COLLECTIVELY REFERRED TO AS "PROPOSED EXEMPTIONS"); AND

(VI) PROPOSED AMENDMENT TO TdC'S MEMORANDUM OF ASSOCIATION TO FACILITATE THE PROPOSED ACQUISITIONS, PROPOSED CAPITAL REPAYMENT AND PROPOSED CAPITAL RESTRUCTURING ("PROPOSED AMENDMENT")

(THE PROPOSED ACQUISITIONS, PROPOSED CAPITAL REPAYMENT, PROPOSED CAPITAL RESTRUCTURING, PROPOSED EXEMPTIONS AND PROPOSED AMENDMENT ARE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Attachments: TIMECOM - Poll Results (221111).pdf


MAMEE - Listing Circular

Announcement Type: Listing Circular
Company Name: MAMEE-DOUBLE DECKER (M) BERHAD
Stock Name: MAMEE
Date Announced: 22/11/2011

Announcement Detail:
Subject: MAMEE-SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965

Contents: Kindly be advised that trading in the above Company's shares will be suspended with effect from 9.00 a.m., Wednesday, 30 November 2011 in order to facilitate the Selective Capital Reduction and Repayment Exercise.

Your attention is drawn to the Company's announcement dated 21 November 2011 and Notice to Shareholders dated 22 November 2011.


TENAGA - TENAGA-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: TENAGA NASIONAL BHD
Stock Name: TENAGA
Date Announced: 22/11/2011

Announcement Detail:
Subject: TENAGA-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 53,121 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 24 November 2011.


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

Announcement Type: Listing Circular
Company Name: YTL POWER INTERNATIONAL BHD
Stock Name: YTLPOWR
Date Announced: 22/11/2011

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

Contents: Kindly be advised that the abovementioned Company's additional 386,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 24 November 2011.


HOOVER - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company Name: GRAND HOOVER BERHAD
Stock Name: HOOVER
Date Announced: 22/11/2011

Announcement Detail:
Type: Announcement

Subject: PROVISION OF FINANCIAL ASSISTANCE

Description: Pursuant to paragaph 8.23(1)(ii) of the Bursa Malaysia Securities Berhad's Listing Requirements and Practice Note 11/2001, the Board of Directors wishes to announce that the aggregate amount of financial assistance provided as at 30 September 2011 to facilitate the ordinary course of business of Grand Hoover Berhad and its non-wholly owned subsidiary, Heap Wah Enterprise Sdn Bhd are as per Table below.

There would be no significant financial impact to the earnings and cash flow of Grand Hoover Berhad Group as a result of the above financial assistance granted during the period as these guarantees are not expected to be realized and called upon.


AIRB - Listing Circular

Announcement Type: Listing Circular
Company Name: ALIRAN IHSAN RESOURCES BERHAD
Stock Name: AIRB
Date Announced: 22/11/2011

Announcement Detail:
Subject: AIRB-CONVERSION OF 483,700 NOMINAL AMOUNT OF FIVE PER CENT (5%) 7 YEAR REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS 2004/2011 INTO 483,700 ORDINARY SHARES ("CONVERSION")

Contents: Kindly be advised that the abovementioned Company's additional 483,700 new ordinary shares of RM1.00 each arising from the aforesaid Conversion will be granted listing and quotation with effect from 9.00 a.m., Thursday, 24 November 2011.


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

Announcement Type: Listing Circular
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 22/11/2011

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

Contents: Kindly be advised that the abovementioned Company's additional 670,750 new ordinary shares of RM0.75 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 24 November 2011.


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