January 19, 2012

Company announcements: LHH, TIMECOM, APEX, SOP, HALEX, SEB, SUNREIT, TAMBUN, PELIKAN

LHH - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Announcement
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: LEONG HUP HOLDINGS BERHAD
Stock Name: LHH
Date Announced: 19/01/2012

Announcement Detail:
Type: Announcement

Subject: GENERAL MEETINGS
OUTCOME OF MEETING

Description: LEONG HUP HOLDINGS BERHAD ("LHHB" OR THE "COMPANY")
OUTCOME OF EXTRAORDINARY GENERAL MEETING


TIMECOM - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 19/01/2012

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

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")


APEX - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: APEX EQUITY HOLDINGS BERHAD
Stock Name: APEX
Date Announced: 19/01/2012

Announcement Detail:
Date of buy back: 19/01/2012

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 35,000

Minimum price paid for each share purchased ($$): 0.800

Maximum price paid for each share purchased ($$): 0.800

Total consideration paid ($$): 28,232.40

Number of shares purchased retained in treasury (units): 35,000

Cumulative net outstanding treasury shares as at to-date (units): 9,685,818

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 4.75


SOP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 19/01/2012

Announcement Detail:
Type: Announcement

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

Description: The following Director of Sarawak Oil Palms Berhad has given notice of his dealings in securities of the Company:-

Name of Director : Gerald Rentap Jabu

This announcement is dated : 18 January 2012


SOP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company Name: SARAWAK OIL PALMS BERHAD
Stock Name: SOP
Date Announced: 19/01/2012

Announcement Detail:
Type: Announcement

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

Description: The following Director of Sarawak Oil Palms Berhad has given notice of his dealings in securities of the Company:-

Name of Director : Gerald Rentap Jabu

This announcement is dated : 19 January 2012


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

Announcement Type: General Announcement
Company Name: HALEX HOLDINGS BERHAD
Stock Name: HALEX
Date Announced: 19/01/2012

Announcement Detail:
Type: Announcement

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

Description: The following substantial shareholders has given notice of their dealings in the Securities of the Company During Closed Period as follows:-


SEB - Change in Boardroom

Announcement Type: Change in Boardroom
Submitting Merchant Bank: N/A
Company Name: SEREMBAN ENGINEERING BERHAD
Stock Name: SEB
Date Announced: 19/01/2012

Announcement Detail:
Date of change: 19/01/2012

Name: Wong Wai Hung

Age: 44

Nationality: Malaysian

Type of change: Redesignation

Previous Position: Non-Executive Director

New Position: Executive Director

Directorate: Executive

Qualifications: Diploma in Commerce majoring in Management Accounting, Tunku Abdul Rahman College, Malaysia
Master of Business Administration in Electronic Commerce, Charles Stuart University, Australia
Associate Member and Chartered Management Accountant of the Chartered Institute of Management Accountants
Associate Member of the Malaysian Institute of Accountants

Working experience and occupation: He started his career as an Audit Trainee with Ong & Wong. In 1991, he joined Chong Kee Ling & Son as an Accounts Assistant. He Joined EAC Rubber Industries (M) Sdn Bhd later that same year as an Accountants Supervisor. He subsequently joined NKK International (M) Sdn Bhd as an Assistant Accountant in 1993. He then joined Cahaya Kelang Construction Sdn Bhd as an Accountant in 1995. He joined SETM in 1998 as the Finance Manager, and has been promoted as the Group Finance Manager of Success Transformer Corporation Berhad.

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: 52,000 ordinary shares of RM0.50 each in Seremban Engineering Berhad


SUNREIT - OTHERS

Announcement Type: General Announcement
Company Name: SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name: SUNREIT
Date Announced: 19/01/2012

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT")
- Date of release of unaudited financial results for the second quarter ended 31 December 2011


TAMBUN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Submitting Merchant Bank: MIDF AMANAH INVESTMENT BANK BERHAD
Company Name: TAMBUN INDAH LAND BERHAD
Stock Name: TAMBUN
Date Announced: 19/01/2012

Announcement Detail:
Type: Announcement

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

Description: TAMBUN INDAH LAND BERHAD ("Tambun Indah" or "the Company")

(i) Proposed Rights Issue with Warrants; and

(ii) Proposed Employees' Share Option Scheme

(Collectively, referred to as the "Proposals").

Attachments: Appendix I 190112.pdf
Announcement 190112.pdf


PELIKAN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: PELIKAN INTERNATIONAL CORPORATION BERHAD
Stock Name: PELIKAN
Date Announced: 19/01/2012

Announcement Detail:
Date of buy back: 19/01/2012

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

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 1,206,100

Minimum price paid for each share purchased ($$): 0.785

Maximum price paid for each share purchased ($$): 0.790

Total consideration paid ($$): 948,332.31

Number of shares purchased retained in treasury (units): 1,206,100

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

Cumulative net outstanding treasury shares as at to-date (units): 8,652,800

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 (%): 1.68


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