March 22, 2012

Company announcements: HAISAN, LIPO, SWSCAP, YAHORNG, UZMA, DAIBOCI, SALCON, SAPCRES, SPSETIA

HAISAN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATION

Description: HAISAN RESOURCES BERHAD ("HAISAN" OR "THE COMPANY")
- CIVIL SUIT IN THE PEOPLE'S COURT OF CHANGNING DISTRICT, SHANGHAI BY IGLO (SHANGHAI) CO., LTD AND IGLO (SHANGHAI) LOGISTICS CO., LTD AGAINST WALL'S (CHINA) CO.,LTD


LIPO - OTHERS

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: LIPO CORPORATION BERHAD
Stock Name: LIPO
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: LIPO CORPORATION BERHAD ("LIPO" OR THE "COMPANY")

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF LIPO PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED SCR")

Attachments: Lipo - Proposed SCR.pdf


SWSCAP - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SWS CAPITAL BERHAD
Stock Name: SWSCAP
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description: Execution of a Sale and Purchase Agreement to dispose of one plot of freehold industrial land together with single storey detached factory and office thereon for a cash consideration of Ringgit Malaysia One Million Nine Hundred and Fifty Thousand (RM1,950,000) only ("the Disposal").


YAHORNG - OTHERS

Announcement Type: General Announcement
Company Name: YA HORNG ELECTRONIC (M) BHD
Stock Name: YAHORNG
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: Proposed Dividend for the year ended January 31, 2012


UZMA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING

Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: UZMA BERHAD
Stock Name: UZMA
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

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

Description: UZMA BERHAD ("UZMA")

PRIVATE PLACEMENT


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

Announcement Type: General Announcement
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

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

Description: Pursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, this is to notify that DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD ("the Company") has on 22 March 2012 received notification from Mr. Lim Soo Koon, an Executive Director of the Company, in relation to the acquisition and disposal of shares, details of which are set out in the table below.


DAIBOCI - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name: DAIBOCI
Date Announced: 22/03/2012

Announcement Detail:
Date of buy back from: 12/03/2012

Date of buy back to: 19/03/2012

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 66,600

Minimum price paid for each share purchased ($$): 2.730

Maximum price paid for each share purchased ($$): 2.800

Total amount paid for shares purchased ($$): 185,542.95

The name of the stock exchange through which the shares were purchased: Bursa Malaysia Securities Berhad

Number of shares purchased retained in treasury (units): 66,600

Total number of shares retained in treasury (units): 1,183,000

Number of shares purchased which were cancelled (units): 0

Total issued capital as diminished: 0

Date lodged with registrar of companies: 22/03/2012

Lodged by: Tan Gaik Hong


SALCON - OTHERS

Announcement Type: General Announcement
Company Name: SALCON BERHAD
Stock Name: SALCON
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: ACQUISITION OF SHARES IN SALCON DEVELOPMENT SDN BHD (FORMERLY KNOWN AS SALCON INFRASTRUCTURE SDN BHD) ("SDSB")


SAPCRES - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: SAPURACREST PETROLEUM BERHAD
Stock Name: SAPCRES
Date Announced: 22/03/2012

Announcement Detail:
Type: Announcement

Subject: GENERAL MEETINGS
OUTCOME OF MEETING

Description: SAPURACREST PETROLEUM BERHAD ("SAPURACREST")

PROPOSED JOINT VENTURE WITH SEADRILL LIMITED IN RELATION TO THE BUILDING, CONSTRUCTION AND OPERATION OF 3 UNITS OF PIPE-LAYING SUPPORT VESSELS ("PROPOSED JV")


SPSETIA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: S P SETIA BERHAD
Stock Name: SPSETIA
Date Announced: 22/03/2012

Announcement Detail:
Date of change: 22/03/2012

Name: Tan Sri Dato' Hari Narayanan a/l Govindasamy

Age: 61

Nationality: Malaysian

Type of change: Redesignation

Previous Position: Chairman of Audit Committee

New Position: Member of Audit Committee

Directorate: Independent & Non Executive

Qualifications: Bachelor of Engineering in Electrical & Electronic (University of Northumbria, England), member of the Institute of Engineers, Malaysia (IEM) and registered professional engineer with the Board of Engineers, Malaysia.

Working experience and occupation: Tan Sri Dato' Hari Narayanan is a businessman by profession. He has extensive experience in electrical and electronic engineering and has held various key positions with some establised companies as an engineer and entrepreneur.

Directorship of public companies (if any): Tenaga Nasional Berhad
Puncak Niaga Holdings 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: Nil

Composition of Audit Committee (Name and Directorate of members after change): i) Mr Ng Soon Lai @ Ng Siek Chuan (Chairman) - Senior Independent Non-Executive Director
ii) Tan Sri Dato' Hari Narayanan a/l Govindasamy (Member) -Independent Non-Executive Director
iii) Dato' Leong Kok Wah (Member) - Independent Non-Executive Director
iv) Datuk Ismail Bin Adam (Member) - Independent Non-Executive Director


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