PARKSON - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: PARKSON HOLDINGS BERHAD
Stock Name: PARKSON
Date Announced: 10/02/2012
Announcement Detail:
Date of change: 10/02/2012
Name: Dato' Hassan Bin Abdul Mutalip
Age: 67
Nationality: Malaysian
Type of change: Cessation of Office
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Qualifications: i) Diploma in Police Science from Universiti Kebangsaan Malaysia
ii) Certificate in Management from Louisiana State University, United States of America
iii) Certificate in Senior Police Administrators from National Police Academy, Japan
iv) Certificate in Prosecution from Police College, Polis DiRaja Malaysia
Working experience and occupation: Dato' Hassan is a retired Deputy Commissioner of Police with more than 30 years of experience in the police force
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): 1. Dr Folk Jee Yoong (Chairman) - Independent Non-Executive Director
2. Tan Sri Abd Rahman Bin Mamat (Member) - Independent Non-Executive Director
3. Yeow Teck Chai (Member) - Independent Non-Executive Director
Company Name: PARKSON HOLDINGS BERHAD
Stock Name: PARKSON
Date Announced: 10/02/2012
Announcement Detail:
Date of change: 10/02/2012
Name: Dato' Hassan Bin Abdul Mutalip
Age: 67
Nationality: Malaysian
Type of change: Cessation of Office
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Qualifications: i) Diploma in Police Science from Universiti Kebangsaan Malaysia
ii) Certificate in Management from Louisiana State University, United States of America
iii) Certificate in Senior Police Administrators from National Police Academy, Japan
iv) Certificate in Prosecution from Police College, Polis DiRaja Malaysia
Working experience and occupation: Dato' Hassan is a retired Deputy Commissioner of Police with more than 30 years of experience in the police force
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): 1. Dr Folk Jee Yoong (Chairman) - Independent Non-Executive Director
2. Tan Sri Abd Rahman Bin Mamat (Member) - Independent Non-Executive Director
3. Yeow Teck Chai (Member) - Independent Non-Executive Director
UNIMECH - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Submitting Merchant Bank: N/A
Company Name: UNIMECH GROUP BERHAD
Stock Name: UNIMECH
Date Announced: 10/02/2012
Announcement Detail:
Date of buy back: 10/02/2012
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 71,000
Minimum price paid for each share purchased ($$): 0.850
Maximum price paid for each share purchased ($$): 0.855
Total consideration paid ($$): 60,991.26
Number of shares purchased retained in treasury (units): 71,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 12,643,566
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.059
Remarks: The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
Submitting Merchant Bank: N/A
Company Name: UNIMECH GROUP BERHAD
Stock Name: UNIMECH
Date Announced: 10/02/2012
Announcement Detail:
Date of buy back: 10/02/2012
Description of shares purchased: Ordinary shares of RM0.50 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 71,000
Minimum price paid for each share purchased ($$): 0.850
Maximum price paid for each share purchased ($$): 0.855
Total consideration paid ($$): 60,991.26
Number of shares purchased retained in treasury (units): 71,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 12,643,566
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 (%): 0.059
Remarks: The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty.
ENGKAH - General Announcement
Announcement Type: General Announcement
Company Name: ENG KAH CORPORATION BERHAD
Stock Name: ENGKAH
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
Description: Pursuant to paragraph 14.08 of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities"), Encik Muttaqin Bin Othman, the Independent Non-Executive Director of ENG KAH CORPORATION BERHAD ("the Company")wishes to announce his intention to deal in securities of the Company during the current closed period in connection with the Company's financial results for the fourth quarter ended 31 December 2011.
As at 10 February 2012, Encik Muttaqin Bin Othman holds 500,000 ordinary shares of RM1.00 each.
Details of the dealings will be announced to Bursa Securities within one (1) full trading day after the transaction.
Dated this 10th day of February 2012.
Company Name: ENG KAH CORPORATION BERHAD
Stock Name: ENGKAH
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
Description: Pursuant to paragraph 14.08 of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities"), Encik Muttaqin Bin Othman, the Independent Non-Executive Director of ENG KAH CORPORATION BERHAD ("the Company")wishes to announce his intention to deal in securities of the Company during the current closed period in connection with the Company's financial results for the fourth quarter ended 31 December 2011.
As at 10 February 2012, Encik Muttaqin Bin Othman holds 500,000 ordinary shares of RM1.00 each.
Details of the dealings will be announced to Bursa Securities within one (1) full trading day after the transaction.
Dated this 10th day of February 2012.
TPC - OTHERS
Announcement Type: General Announcement
Company Name: TPC PLUS BERHAD
Stock Name: TPC
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TPC PLUS BERHAD ("TPC" OR "COMPANY")
- DESPATCH OF INDEPENDENT ADVICE CIRCULAR TO THE SHAREHOLDERS OF TPC IN RELATION TO THE CONDITIONAL TAKE-OVER OFFER BY HUAT LAI RESOURCES BERHAD ("OFFEROR") THROUGH MAYBANK INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN TPC NOT ALREADY OWNED BY THE OFFEROR AND THE PERSONS ACTING IN CONCERT WITH IT AT A CASH OFFER PRICE OF RM0.30 PER TPC SHARE
Company Name: TPC PLUS BERHAD
Stock Name: TPC
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TPC PLUS BERHAD ("TPC" OR "COMPANY")
- DESPATCH OF INDEPENDENT ADVICE CIRCULAR TO THE SHAREHOLDERS OF TPC IN RELATION TO THE CONDITIONAL TAKE-OVER OFFER BY HUAT LAI RESOURCES BERHAD ("OFFEROR") THROUGH MAYBANK INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN TPC NOT ALREADY OWNED BY THE OFFEROR AND THE PERSONS ACTING IN CONCERT WITH IT AT A CASH OFFER PRICE OF RM0.30 PER TPC SHARE
DESTINI - PUBLIC REPRIMAND ON DESTINI BERHAD
Announcement Type: Listing Circular
Company Name: DESTINI BERHAD
Stock Name: DESTINI
Date Announced: 10/02/2012
Announcement Detail:
Subject: PUBLIC REPRIMAND ON DESTINI BERHAD
Contents: Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded DESTINI BERHAD (DESTINI), formerly known as Satang Holdings Berhad, for failing to take into account the adjustments stated in the company's announcement dated 31 January 2011 when it announced its fourth quarterly report for the financial period ended 30 September 2010 (QR4/2010) on 30 November 2010. The failure to take the adjustments into account breached paragraph 9.16(1)(a) of the Main Market Listing Requirements (Main LR) where a listed issuer must ensure that each announcement is factual, clear, unambiguous, accurate, succinct and contains sufficient information to enable investors to make informed investment decisions.
The public reprimand was imposed pursuant to paragraph 16.19(1) of the Main LR after taking into consideration all facts and circumstances of the matter, including the fact that the company had committed a similar breach previously, and upon completion of due process.
DESTINI is also required to carry out a limited review of its quarterly report submissions. The limited review must be performed by external auditors for four quarterly reports commencing from the quarterly report for the financial period ended 31 March 2012. In addition, DESTINI must ensure all its directors and the relevant personnel attend a training programme on compliance with the Main LR pertaining to financial statements.
While Bursa Securities has not found any of the directors to have caused or permitted the breach, Bursa Securities wishes to highlight that it is the duty of the directors to maintain appropriate standards of responsibility and accountability. The Board of Directors at the material time was as follows:
Azhar Bin Azizan @ Harun Dato' Rozabil @ Rozamujib Bin Abdul Rahman Dr Mohamad Salmi Bin Mohd Sohod Lotfi Bin Miskam Dato' Megat Fairouz Junaidi Bin Tan Sri Megat Junid Dato' Abdul Aziz Bin Haji Sheikh Fadzir Aznin Nur Binti Ameran Malim Bin Mohamed Tajudin Bin Talib
Bursa Securities views the contravention seriously and reminds DESTINI and its Board of Directors of their obligation to uphold appropriate standards of responsibility and accountability to shareholders and the investing public. BACKGROUND
DESTINI reported an unaudited loss after taxation and minority interest of RM8,140,000 in its QR4/2010 unaudited results compared to an audited loss after taxation and minority interest of RM11,534,702 in its annual audited accounts for the financial year ended 30 September 2010. The difference of RM3,394,702 between the unaudited results and the audited results represented a deviation of approximately 42%.
The deviation was mainly due to underprovision of doubtful debts in the QR4/2010. In this respect, the Company had failed to make sufficient provision for certain trade debts which were outstanding for more than 365 days, completed work orders which were overlooked and disputed invoices and project advances which were not resolved or reconciled prior to the issuance of the QR4/2010.
Company Name: DESTINI BERHAD
Stock Name: DESTINI
Date Announced: 10/02/2012
Announcement Detail:
Subject: PUBLIC REPRIMAND ON DESTINI BERHAD
Contents: Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded DESTINI BERHAD (DESTINI), formerly known as Satang Holdings Berhad, for failing to take into account the adjustments stated in the company's announcement dated 31 January 2011 when it announced its fourth quarterly report for the financial period ended 30 September 2010 (QR4/2010) on 30 November 2010. The failure to take the adjustments into account breached paragraph 9.16(1)(a) of the Main Market Listing Requirements (Main LR) where a listed issuer must ensure that each announcement is factual, clear, unambiguous, accurate, succinct and contains sufficient information to enable investors to make informed investment decisions.
The public reprimand was imposed pursuant to paragraph 16.19(1) of the Main LR after taking into consideration all facts and circumstances of the matter, including the fact that the company had committed a similar breach previously, and upon completion of due process.
DESTINI is also required to carry out a limited review of its quarterly report submissions. The limited review must be performed by external auditors for four quarterly reports commencing from the quarterly report for the financial period ended 31 March 2012. In addition, DESTINI must ensure all its directors and the relevant personnel attend a training programme on compliance with the Main LR pertaining to financial statements.
While Bursa Securities has not found any of the directors to have caused or permitted the breach, Bursa Securities wishes to highlight that it is the duty of the directors to maintain appropriate standards of responsibility and accountability. The Board of Directors at the material time was as follows:
Azhar Bin Azizan @ Harun Dato' Rozabil @ Rozamujib Bin Abdul Rahman Dr Mohamad Salmi Bin Mohd Sohod Lotfi Bin Miskam Dato' Megat Fairouz Junaidi Bin Tan Sri Megat Junid Dato' Abdul Aziz Bin Haji Sheikh Fadzir Aznin Nur Binti Ameran Malim Bin Mohamed Tajudin Bin Talib
Bursa Securities views the contravention seriously and reminds DESTINI and its Board of Directors of their obligation to uphold appropriate standards of responsibility and accountability to shareholders and the investing public. BACKGROUND
DESTINI reported an unaudited loss after taxation and minority interest of RM8,140,000 in its QR4/2010 unaudited results compared to an audited loss after taxation and minority interest of RM11,534,702 in its annual audited accounts for the financial year ended 30 September 2010. The difference of RM3,394,702 between the unaudited results and the audited results represented a deviation of approximately 42%.
The deviation was mainly due to underprovision of doubtful debts in the QR4/2010. In this respect, the Company had failed to make sufficient provision for certain trade debts which were outstanding for more than 365 days, completed work orders which were overlooked and disputed invoices and project advances which were not resolved or reconciled prior to the issuance of the QR4/2010.
TGOFFS - OTHERS
Announcement Type: General Announcement
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TANJUNG OFFSHORE BERHAD
CEASE OF OPERATIONS OF TANJUNG OFFSHORE BERHAD'S WHOLLY OWNED SUBSIDIARY, CITECH ENERGY RECOVERY SYSTEMS UK LIMITED CITECH) IN THE UNITED KINGDOM.
Company Name: TANJUNG OFFSHORE BERHAD
Stock Name: TGOFFS
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: TANJUNG OFFSHORE BERHAD
CEASE OF OPERATIONS OF TANJUNG OFFSHORE BERHAD'S WHOLLY OWNED SUBSIDIARY, CITECH ENERGY RECOVERY SYSTEMS UK LIMITED CITECH) IN THE UNITED KINGDOM.
SCNWOLF - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: SCANWOLF CORPORATION BERHAD ("SCANWOLF" OR THE "COMPANY")
(A) PROPOSED ACQUISITION OF 511 LEASEHOLD VACANT DEVELOPMENT PLOTS IDENTIFIED AS P.T. NOS. 16097 TO 16607 HELD UNDER THE RESPECTIVE TITLES, ALL WITHIN MUKIM AND DISTRICT OF KAMPAR, STATE OF PERAK BY SCANWOLF PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SCANWOLF, FROM KINTA REAL ESTATE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM13,000,000; AND
(B) PROPOSED DIVERSIFICATION OF THE EXISTING CORE BUSINESSES OF SCANWOLF AND ITS SUBSIDIARIES INTO PROPERTY DEVELOPMENT.
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: SCANWOLF CORPORATION BERHAD
Stock Name: SCNWOLF
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: SCANWOLF CORPORATION BERHAD ("SCANWOLF" OR THE "COMPANY")
(A) PROPOSED ACQUISITION OF 511 LEASEHOLD VACANT DEVELOPMENT PLOTS IDENTIFIED AS P.T. NOS. 16097 TO 16607 HELD UNDER THE RESPECTIVE TITLES, ALL WITHIN MUKIM AND DISTRICT OF KAMPAR, STATE OF PERAK BY SCANWOLF PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SCANWOLF, FROM KINTA REAL ESTATE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM13,000,000; AND
(B) PROPOSED DIVERSIFICATION OF THE EXISTING CORE BUSINESSES OF SCANWOLF AND ITS SUBSIDIARIES INTO PROPERTY DEVELOPMENT.
HAIO - PROVISION OF FINANCIAL ASSISTANCE
Announcement Type: General Announcement
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: PROVISION OF FINANCIAL ASSISTANCE
Description: HAI-O ENTERPRISE BERHAD ("HAI-O")
Quarterly Disclosures Pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Attachments: 3rd_Qtr 31Jan2012.pdf
Company Name: HAI-O ENTERPRISE BERHAD
Stock Name: HAIO
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: PROVISION OF FINANCIAL ASSISTANCE
Description: HAI-O ENTERPRISE BERHAD ("HAI-O")
Quarterly Disclosures Pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Attachments: 3rd_Qtr 31Jan2012.pdf
SAPIND - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: SAPURA INDUSTRIAL BERHAD
Stock Name: SAPIND
Date Announced: 10/02/2012
Announcement Detail:
Date of change: 31/01/2012
Name: YBHG. TAN SRI DATO' SERI IR. SHAMSUDDIN BIN ABDUL KADIR
Age: 80
Nationality: MALAYSIAN
Type of change: Retirement
Designation: Chairman & Director
Directorate: Non Independent & Non Executive
Qualifications: -
Working experience and occupation: -
Directorship of public companies (if any): Sapura Resources Berhad
Family relationship with any director and/or major shareholder of the listed issuer: YBhg. Tan Sri Dato' Seri Ir. Shamsuddin bin Abdul Kadir is the father to YBhg. Dato' Seri Shahril bin Shamsuddin and Encik Shahriman bin Shamsuddin, who are both the Directors and shareholders of Sapura Industrial Berhad.
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 - 1,661,250 ordinary shares of RM1.00 each
Remarks: The Board hereby wishes to record its heartfelt gratitude to YBhg. Tan Sri for his guidance and contribution to SIB Group since its inception.
The Board also wishes YBhg. Tan Sri good health and happiness in the future.
Company Name: SAPURA INDUSTRIAL BERHAD
Stock Name: SAPIND
Date Announced: 10/02/2012
Announcement Detail:
Date of change: 31/01/2012
Name: YBHG. TAN SRI DATO' SERI IR. SHAMSUDDIN BIN ABDUL KADIR
Age: 80
Nationality: MALAYSIAN
Type of change: Retirement
Designation: Chairman & Director
Directorate: Non Independent & Non Executive
Qualifications: -
Working experience and occupation: -
Directorship of public companies (if any): Sapura Resources Berhad
Family relationship with any director and/or major shareholder of the listed issuer: YBhg. Tan Sri Dato' Seri Ir. Shamsuddin bin Abdul Kadir is the father to YBhg. Dato' Seri Shahril bin Shamsuddin and Encik Shahriman bin Shamsuddin, who are both the Directors and shareholders of Sapura Industrial Berhad.
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 - 1,661,250 ordinary shares of RM1.00 each
Remarks: The Board hereby wishes to record its heartfelt gratitude to YBhg. Tan Sri for his guidance and contribution to SIB Group since its inception.
The Board also wishes YBhg. Tan Sri good health and happiness in the future.
TIMWELL - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Announcement Type: General Announcement
Company Name: TIMBERWELL BERHAD
Stock Name: TIMWELL
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: Pursuant to Paragraph 9.36 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Timberwell Berhad ("the Company") wishes to announce that there was no log production of the Company for the month of January 2012.
This announcement is dated 10 February 2012.
Company Name: TIMBERWELL BERHAD
Stock Name: TIMWELL
Date Announced: 10/02/2012
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: Pursuant to Paragraph 9.36 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Timberwell Berhad ("the Company") wishes to announce that there was no log production of the Company for the month of January 2012.
This announcement is dated 10 February 2012.
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