November 24, 2011

Company announcements: PALETTE, CBSA, UTOPIA, KEYASIC, TFP, ASIABIO

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

Announcement Type: Financial Results
Company Name: PALETTE MULTIMEDIA BERHAD (ACE Market)
Stock Name: PALETTE
Date Announced: 24/11/2011

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)


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

Announcement Type: Financial Results
Company Name: CBSA BERHAD
Stock Name: CBSA
Date Announced: 24/11/2011

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)


CBSA - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Announcement
Company Name: CBSA BERHAD
Stock Name: CBSA
Date Announced: 24/11/2011

Announcement Detail:
Type: Announcement

Subject: GENERAL MEETINGS
OUTCOME OF MEETING

Description: Outcome of Extraordinary General Meeting ("EGM")


UTOPIA - OTHERS

Announcement Type: General Announcement
Company Name: 1 UTOPIA BERHAD (ACE Market)
Stock Name: UTOPIA
Date Announced: 24/11/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: ACQUISITION OF A NEW SUBSIDIARY, URUSRASA SDN. BHD., BY 1 UTOPIA BERHAD (FORMERLY KNOWN AS TEJARI TECHNOLOGIES BERHAD)


KEYASIC - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: KEY ASIC BERHAD
Stock Name: KEYASIC
Date Announced: 24/11/2011

Announcement Detail:
Date of change: 24/11/2011

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Lu I-Yen

Age: 42

Nationality: Republic of China

Qualifications: Master Degree in Mechanical Engineering from National Chiao Tung University, Taiwan.

Working experience and occupation: He started his career as a team leader major for Taiwan IT Players in the Market and Industrial research and risk balance department with China Development Industrial Bank in year 1995. During his tenure with China Development Industrial Bank he was in charge of the setup of the US branch of the China Development Industrial Bank and also a team leader for the Domestic Direct Investment. He joined Whitesun Equity Partners as a General Partner in 2004.

As a General Partner in Whitesun, he was in charge of the management buy out of Data Systems Consulting Co. Ltd ("DSC"), the 1st ERP vendor in Taiwan and also the de-listing of DSC from the Taiwan Stock Exchange. He was also a Joint Sponsor of LongChen Paper mill investment in China.

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

Composition of Audit Committee (Name and Directorate of members after change): Benny T. Hu @ Ting Wu Hu - Independent Non-Executive Director (Chairman);
N. Chanthiran a/l Nagappan - Independent Non-Executive Director (Member);
Lu I-Yen - Independent Non-Executive Director (Member)


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

Announcement Type: Financial Results
Company Name: TFP SOLUTIONS BERHAD (ACE Market)
Stock Name: TFP
Date Announced: 24/11/2011

Announcement Detail:
Admission Sponsor: Kenanga Investment Bank Bhd

Sponsor: Same as above

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)


ASIABIO - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market)
Stock Name: ASIABIO
Date Announced: 24/11/2011

Announcement Detail:
Date of change: 24/11/2011

Type of change: Resignation

Designation: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Looi Kem Loong

Age: 36

Nationality: Malaysian

Qualifications: 1) Members of Malaysian Institute of Accountants
2) Associate Member of Institute of Chartered Accountants in England & Wales
3) Bachelor of Arts in Accounting and Finance (University of Strathclyde)

Working experience and occupation: Mr Looi completed his articleship with an internationally affiliated audit firm wherein he gained valuable financial experience especially in special corporate assignments and group consolidations. He joined the corporate finance department of AmMerchant Bank Berhad until he left as manager to join Newfields Advisors Sdn. Bhd. ("Newfields"), an investment advisory company as Vice President. Subsequently, he joined a corporate services company shortly after leaving Newfields before forming Asia Bioenergy Research Sdn. Bhd. in 2006.

He has extensive corporate finance experience covering activities such as initial public offerings, cross-border restructuring, debt restructuring and other corporate proposals for public listed companies.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: Mr Looi is the nephew of Mr Choy Kok Onn, a major shareholder of the Company.

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 of 733 (negligible) ordinary shares of RM0.10 each and indirect interest of 10,627,083 ordinary shares of RM0.10 each in the capital of the Company, via his interest in Platimas Sdn. Bhd.


ASIABIO - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market)
Stock Name: ASIABIO
Date Announced: 24/11/2011

Announcement Detail:
Date of change: 24/11/2011

Type of change: Resignation

Designation: Member of Audit Committee

Directorate: Non Independent & Non Executive

Name: Looi Kem Loong

Age: 36

Nationality: Malaysian

Qualifications: 1) Members of Malaysian Institute of Accountants
2) Associate Member of Institute of Chartered Accountants in England & Wales
3) Bachelor of Arts in Accounting and Finance (University of Strathclyde)

Working experience and occupation: Mr Looi completed his articleship with an internationally affiliated audit firm wherein he gained valuable financial experience especially in special corporate assignments and group consolidations. He joined the corporate finance department of AmMerchant Bank Berhad until he left as manager to join Newfields Advisors Sdn. Bhd. ("Newfields"), an investment advisory company as Vice President. Subsequently, he joined a corporate services company shortly after leaving Newfields before forming Asia Bioenergy Research Sdn. Bhd. in 2006.

He has extensive corporate finance experience covering activities such as initial public offerings, cross-border restructuring, debt restructuring and other corporate proposals for public listed companies.

Directorship of public companies (if any): Nil

Family relationship with any director and/or major shareholder of the listed issuer: Mr Looi is the nephew of Mr Choy Kok Onn, a major shareholder of the Company.

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 of 733 (negligible) ordinary shares of RM0.10 each and indirect interest of 10,627,083 ordinary shares of RM0.10 each in the capital of the Company, via his interest in Platimas Sdn. Bhd.

Composition of Audit Committee (Name and Directorate of members after change): 1. Major Huan Cheng Guan (Chairman) - Independent Non-Executive Director
2. Lim Kim Chu (Member) - Independent Non-Executive Director
3. Leung Kok Keong (Member) - Non-Independent Non-Executive Director


ASIABIO - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market)
Stock Name: ASIABIO
Date Announced: 24/11/2011

Announcement Detail:
Date of change: 24/11/2011

Type of change: Redesignation

Previous Position: Chairman & Executive Director

New Position: Chairman & Director

Directorate: Non Independent & Non Executive

Name: Leung Kok Keong

Age: 44

Nationality: Malaysian

Qualifications: Mr Leung obtained his Bachelor Degree in Accounting from the Curtin University of Technology, Australia in 1989. He is also a certified practising Accountant and Chartered Accountant.

Working experience and occupation: Trained as an investment banker, Mr Leung has significant experience in corporate finance and business development as well as management. He was the founding member and former executive director of Newfields Advisors Sdn. Bhd, a boutique financial and corporate advisory firm which has been consistently placed within the Top 10 of Bloomberg's Mergers & Acquisitions ("M&A") League table for Malaysian M&A Transactions.

He is also well versed in corporate finance advisory, having advised in the group wide restructuring exercise between KFC Holdings (M) Berhad, Pizza Hut (M) Sdn. Bhd., Ayamas Food Corporation Berhad and C.I. Holdings Berhad. He was also the acting Plant Manager for Amalgamated Parts Manufacturers Holdings Berhad, responsible for re-engineering the production plant's operations, supply chain and control systems.

Directorship of public companies (if any): 1. Tebrau Teguh Berhad
2. Kulim (Malaysia) Berhad
3. Damansara Realty Berhad

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 of 412,150 ordinary shares of RM0.10 each in the capital of the Company.

Remarks: Mr Leung has been re-designated from Executive Chairman to Non-Independent Non-Executive Chairman.


ASIABIO - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market)
Stock Name: ASIABIO
Date Announced: 24/11/2011

Announcement Detail:
Date of change: 24/11/2011

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Non Independent & Non Executive

Name: Leung Kok Keong

Age: 44

Nationality: Malaysian

Qualifications: Mr Leung obtained his Bachelor Degree in Accounting from the Curtin University of Technology, Australia in 1989. He is also a certified practising Accountant and Chartered Accountant.

Working experience and occupation: Trained as an investment banker, Mr Leung has significant experience in corporate finance and business development as well as management. He was the founding member and former executive director of Newfields Advisors Sdn. Bhd, a boutique financial and corporate advisory firm which has been consistently placed within the Top 10 of Bloomberg's Mergers & Acquisitions ("M&A") League table for Malaysian M&A Transactions.

He is also well versed in corporate finance advisory, having advised in the group wide restructuring exercise between KFC Holdings (M) Berhad, Pizza Hut (M) Sdn. Bhd., Ayamas Food Corporation Berhad and C.I. Holdings Berhad. He was also the acting Plant Manager for Amalgamated Parts Manufacturers Holdings Berhad, responsible for re-engineering the production plant's operations, supply chain and control systems.

Directorship of public companies (if any): 1. Tebrau Teguh Berhad
2. Kulim (Malaysia) Berhad
3. Damansara Realty Berhad

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 of 412,150 ordinary shares of RM0.10 each in the capital of the Company.

Composition of Audit Committee (Name and Directorate of members after change): 1. Major Huan Cheng Guan (Chairman) - Independent Non-Executive Director
2. Lim Kim Chu (Member) - Independent Non-Executive Director
3. Leung Kok Keong (Member) - Non-Independent Non-Executive Director


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