May 3, 2012

Company announcements: CBSA, GPRO, SERSOL, GRANFLO, IDEAL, PRIVA, JHM, FRONTKN

CBSA - General Announcement

Announcement Type: General Announcement
Company Name: CBSA BERHAD
Stock Name: CBSA
Date Announced: 03/05/2012

Announcement Detail:
Type: Announcement

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

Description: Intention to deal during closed period


GPRO - OTHERS

Announcement Type: General Announcement
Company Name: GPRO TECHNOLOGIES BERHAD (ACE Market)
Stock Name: GPRO
Date Announced: 03/05/2012

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: GPRO Technologies Berhad ("GPRO" or "the Company")
- Equity Transfer Agreement (Disposal of New Paradigm Technologies Sdn. Bhd.)


SERSOL - Change in Audit Committee (Amended Announcement)

Announcement Type: Change in Audit Committee
Company Name: SERSOL TECHNOLOGIES BERHAD (ACE Market)
Stock Name: SERSOL
Date Announced: 03/05/2012

Announcement Detail:
Date of change: 30/04/2012

Name: Ong Chooi Lee

Age: 50

Nationality: Malaysian

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Qualifications: Secondary education at St. Xavier's Institution, Penang in 1979.

Working experience and occupation: He has 27 years of experience in property development, fast food and education. He began his career in 1984 as an Operation executive, coordinating the development projects for MBf Holdings Berhad (property division). He also held various positions in various division including overseeing projects out of countries such as Singapore, Thailand and Indonesia. During his work career, he was part of the term which brought in Grandy's inc fast food chain in Asia Pacific.

He ventures into various businesses such as property development and education and one of his successful projects is Suariamas development in Bandar Sunway of which he is the founder of the project.

He initiated the conceptual of Rompin Swiftlet Eco Park from scratch and successfully obtained the approval from the Local Council Majlis Daerah Rompin, Pahang.

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): i. Tan Lay Beng (Audit Committee Chairman, Independent Non-Executive Director)
ii. Azahar bin Baharudin (Audit Committee Member, Independent Non-Executive Director)
iii. Ong Chooi Lee (Audit Committee Member, Independent Non-Executive Director)
iv. Low Kim Leng (Audit Committee Member, Independent Non-Executive Director)

Remarks: This announcement is dated 2 May 2012.


SERSOL - Change in Audit Committee (Amended Announcement)

Announcement Type: Change in Audit Committee
Company Name: SERSOL TECHNOLOGIES BERHAD (ACE Market)
Stock Name: SERSOL
Date Announced: 03/05/2012

Announcement Detail:
Date of change: 30/04/2012

Name: Low Kim Keng

Age: 50

Nationality: Malaysian

Type of change: Appointment

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Qualifications: He obtained his 'A' levels qualification in London and then graduated from Manchester Metropolitan University (UJ) with the degree of Bachelor of Arts (Hons)(Law) in 1983.

He had successfully completed the professional BAR FINALS examinations of the Council of Legal Education in London. As an Utter Barrister of the Honourable Society of Gray's Inn, he was admitted to the English Bar in 1984.

Working experience and occupation: He chambered with Messrs Shearn Delamore & Co, Kuala Lumpur and in 1985 he was called to the Malaysia Bar and was admitted as an advocate and solicitor of the High Court of Malaya.

He then started his law practice with Messrs Arifin & Partners, Kuala Lumpur with much emphasis on court work.

He joined Messrs Soo Thien Ming & Sharizat, Kuala Lumpur in 1989 dealing solely in civil litigation. Upon admittance as a partner in 1994, he headed the Litigation Department and undertook much advocacy work at High Court, the Court of Appeal and the Federal Court and guided many juniors along the way.

He set up his own law practice in 2000 under the name and style of Messrs Ringo Low & Associates of which he is now a principal partner and has been actively practising law as an advocate and solicitor since then.

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): i. Tan Lay Beng (Audit Committee Chairman, Independent Non-Executive Director)
ii. Azahar bin Baharudin (Audit Committee Member, Independent Non-Executive Director)
iii. Ong Chooi Lee (Audit Committee Member, Independent Non-Executive Director)
iv. Low Kim Leng (Audit Committee Member, Independent Non-Executive Director)

Remarks: This announcement is dated 2 May 2012.


SERSOL - Change in Audit Committee (Amended Announcement)

Announcement Type: Change in Audit Committee
Company Name: SERSOL TECHNOLOGIES BERHAD (ACE Market)
Stock Name: SERSOL
Date Announced: 03/05/2012

Announcement Detail:
Date of change: 30/04/2012

Name: Winston Paul Wong Chi Huang

Age: 43

Nationality: Singaporean

Type of change: Resignation

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Qualifications: He graduated from the University of Keele, UK in 1993 with a Bachelor of Arts Degree Second Class Upper (Hons) in Law and Management. In 1997 he obtained his Masters of Law degree from the National University of Singapore.

Working experience and occupation: He was called to English Bar in 1994 and admitted to practice to the Malaysian Bar in 1995. In 2008 he was admitted to practice in Singapore. He started his career as a lawyer in the firm of Messrs Abdul Raman Saad & Associates in 1995 and was with the firm until February 2006. While he was at Messrs Abdul Raman Saad & Associates, he was a Partner and Head of Department of the Corporate Finance and Capital Markets Department.

In March 2006, Mr. Winston Wong joined Messrs Adi Radlan & Co as a Partner and he was also the Head of the Corporate and Commercial Department of Messrs Adi Radlan & Co until March 2007. In April 2007, he set up a new law firm under the name of Winston Wong Law Chambers which was merged with Messrs Tea, Kelvin Kang & Co. Mr. Winston Wong is currently also a partner of Wong partnership LLP, Singapore, one of Singapore's leading law firms and he has been with Wong Partnership LLP since June 2007, where he was first appointed as a Foreign Legal Consultant.

Directorship of public companies (if any): Non-Executive Director of Plastrade Technology 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. Tan Lay Beng (Audit Committee Chairman, Independent Non-Executive Director)
ii. Azahar bin Baharudin (Audit Committee Member, Independent Non-Executive Director)
iii. Ong Chooi Lee (Audit Committee Member, Independent Non-Executive Director)
iv. Low Kim Leng (Audit Committee Member, Independent Non-Executive Director)

Remarks: This announcement is dated 2 May 2012.


GRANFLO - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: GRAND-FLO SOLUTION BERHAD (ACE Market)
Stock Name: GRANFLO
Date Announced: 03/05/2012

Announcement Detail:
Type: Announcement

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

Description: GRAND-FLO SOLUTION BERHAD ("GRAND-FLO" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF UP TO 227,365,280 NEW ORDINARY SHARES OF RM0.10 EACH ("BONUS SHARES") IN GRAND-FLO ("GRAND-FLO SHARES" OR "SHARES") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) EXISTING GRAND-FLO SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")

Attachments: Grand-Flo - Proposed Bonus Issue.pdf


IDEAL - PRACTICE NOTE 17 / GUIDANCE NOTE 3: REGULARISATION PLAN

Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: IDEAL SUN CITY HOLDINGS BERHAD (ACE Market)
Stock Name: IDEAL
Date Announced: 03/05/2012

Announcement Detail:
Regularisation Sponsor: M&A Securities Sdn Bhd

Sponsor: Same as above

Type: Announcement

Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN

Description: IDEAL SUN CITY HOLDINGS BERHAD (formerly known as Equator Life Science Berhad) ("IDEAL" OR "THE COMPANY")

I. (A) PROPOSED SHARE PREMIUM CANCELLATION OF RM22,026,619 UNDER SECTION 64(1) OF THE COMPANIES ACT, 1965 ("PROPOSED SHARE PREMIUM CANCELLATION");
(B) PROPOSED SHARE CAPITAL REDUCTION INVOLVING THE REDUCTION OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM0.10 EACH ("IDEAL SHARE") IN IDEAL TO ORDINARY SHARES OF RM0.01 EACH BY THE CANCELLATION OF RM0.09 FROM THE PAR VALUE ("PROPOSED PAR VALUE REDUCTION");
(C) PROPOSED CONSOLIDATION OF EVERY TEN (10) ORDINARY SHARES OF RM0.01 EACH IN IDEAL INTO ONE (1) IDEAL SHARE ("PROPOSED SHARE CONSOLIDATION")

(COLLECTIVELY BE REFERRED TO AS THE "PROPOSED BALANCE SHEET RECONSTRUCTION")

II. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW IDEAL SHARES ("RIGHTS SHARES") TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS ("RIGHTS WARRANTS") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF FOUR (4) RIGHTS SHARES FOR EVERY ONE (1) IDEAL SHARE TOGETHER WITH ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ON AN ENTITLEMENT DATE TO BE DETERMINED LATER AFTER THE PROPOSED BALANCE SHEET RECONSTRUCTION ("PROPOSED RIGHTS ISSUE WITH WARRANTS");

III. PROPOSED EXEMPTION TO IDEAL SUN CITY SDN BHD ("ISCSB") AND THE PERSONS ACTING IN CONCERT WITH IT UNDER PARAGRAPGH 16.1 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGER, 2010 FROM THE OBLIGATION TO UNDERTAKE A MANDATORY OFFER FOR ALL THE REMAINING IDEAL SHARES NOT ALREADY HELD BY THEM WHICH MAY ARISE PURSUANT TO THE PROPOSED RIGHTS ISSUE WITH WARRANTS ("PROPOSED EXEMPTION"); AND

IV. PROPOSED ISSUANCE OF UP TO 24,000,000 NEW IDEAL SHARES ("PLACEMENT SHARES") TOGETHER WITH UP TO 12,000,000 FREE DETACHABLE WARRANTS ("PLACEMENT WARRANTS") AFTER THE COMPLETION OF THE PROPOSED RIGHTS ISSUE WITH WARRANTS ON THE BASIS OF ONE (1) PLACEMENT WARRANT FOR EVERY TWO (2) PLACEMENT SHARES SUBSCRIBED, TO INVESTORS TO BE IDENTIFIED, AT AN ISSUE PRICE OF RM0.10 PER PLACEMENT SHARE ("PROPOSED PLACEMENT WITH WARRANTS")

(COLLECTIVELY REFERRED TO AS THE "PROPOSED REGULARISATION SCHEME")


PRIVA - General Announcement

Announcement Type: General Announcement
Company Name: PRIVASIA TECHNOLOGY BERHAD (ACE Market)
Stock Name: PRIVA
Date Announced: 03/05/2012

Announcement Detail:
Type: Reply to query

Reply to Bursa Malaysia's Query Letter - Reference ID: NM-120426-60585

Subject: PRIVASIA TECHNOLOGY BERHAD ("PRIVA" or "the Company")
- Reply to Query
Letter of Tender acceptance from the Malacca State Government to supply and install a complete fibre optic network in Malacca ("the Project")

Description: Reference is made to the Company's announcement dated 25 April 2012 and Bursa Malaysia Securities Berhad's query letter dated 26 April 2012 (Ref : NM-120426-60585).

The Board of Directors of PRIVA hereby furnishes the following additional information for public release :-

1. The Project is expected to contribute positively to the earnings per share and net assets per share of the Group in the near future.

2. The Group anticipates to assume normal business risks pertaining to the project.

3. The date of commencement of the project is the date of signed agreement. The duration of the project is approximately 18 months from commencement.

This announcement is dated 3 May 2012.

Query Letter content: We refer to your announcement dated 25 April 2012 in respect of the above
captioned matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-

�1) The effect of the Project�on the earnings per share and net assets per
share of the Privasia Technology Berhad group.

2)� The risks in relation to the Project.

3) The date of commencement of the Project.

Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully


TAN YEW ENG
Head, Issuers
Listing Division
Regulation

TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)


JHM - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Announcement
Company Name: JHM CONSOLIDATION BERHAD (ACE Market)
Stock Name: JHM
Date Announced: 03/05/2012

Announcement Detail:
Type: Announcement

Subject: GENERAL MEETINGS
NOTICE OF MEETING

Description: The Board of Directors of JHM Consolidation Berhad would like to inform that the Seventh Annual General Meeting ("AGM") of the Company will be held at Anggerik Room, Hotel Equatorial, No. 1, Jalan Bukit Jambul, Bayan Lepas, 11900 Penang on Monday, 28 May 2012 at 11:00 am.

The full text of the Notice of Seventh AGM together with the Statement accompanying the said Notice are attached herewith for your kind attention.

The Company will be using the Record of Depositors as at 22 May 2012 for the purpose of determining whether a depositor shall be regarded as a member entitled to attend, speak and vote at AGM.

This announcement is dated 3 May 2012.

Attachments: JHM_Notice of AGM.pdf


FRONTKN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company Name: FRONTKEN CORPORATION BERHAD
Stock Name: FRONTKN
Date Announced: 03/05/2012

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATION

Description: Update on Litigation by a Subsidiary against Petra Resources Sdn Bhd


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