SUMATEC - PRACTICE NOTE 17 / GUIDANCE NOTE 3: REGULARISATION PLAN
Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: SUMATEC RESOURCES BERHAD
Stock Name: SUMATEC
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description: SUMATEC RESOURCES BERHAD ("SUMATEC" OR THE "COMPANY")
• PROPOSED PAR VALUE REDUCTION;
• PROPOSED ISSUANCE OF SHARES;
• PROPOSED RIGHTS ISSUE WITH WARRANTS;
• PROPOSED SCHEME OF ARRANGEMENT WITH CREDITORS;
• PROPOSED AMENDMENT;
• PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
• PROPOSED DISPOSAL
(COLLECTIVELY, THE "PROPOSED REGULARISATION PLAN")
Attachments: Sumatec - Variation Ann.pdf
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: SUMATEC RESOURCES BERHAD
Stock Name: SUMATEC
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description: SUMATEC RESOURCES BERHAD ("SUMATEC" OR THE "COMPANY")
• PROPOSED PAR VALUE REDUCTION;
• PROPOSED ISSUANCE OF SHARES;
• PROPOSED RIGHTS ISSUE WITH WARRANTS;
• PROPOSED SCHEME OF ARRANGEMENT WITH CREDITORS;
• PROPOSED AMENDMENT;
• PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
• PROPOSED DISPOSAL
(COLLECTIVELY, THE "PROPOSED REGULARISATION PLAN")
Attachments: Sumatec - Variation Ann.pdf
JETSON - OTHERS
Announcement Type: General Announcement
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: HEADS OF AGREEMENT BETWEEN JETSON DEVELOPMENT SDN BHD AND FORTRESS EFFECT SDN BHD FOR THE JOINT DEVELOPMENT OF LUXURY RESIDENTIAL DEVELOPMENT PROJECT KNOWN AS THE MACALISTER
Company Name: KUMPULAN JETSON BERHAD
Stock Name: JETSON
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: HEADS OF AGREEMENT BETWEEN JETSON DEVELOPMENT SDN BHD AND FORTRESS EFFECT SDN BHD FOR THE JOINT DEVELOPMENT OF LUXURY RESIDENTIAL DEVELOPMENT PROJECT KNOWN AS THE MACALISTER
LINEAR - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/07/2012
Announcement Detail:
Date of change: 03/07/2012
Name: Skurtys, Jacek, P
Age: 54
Nationality: Polish
Type of change: Appointment
Designation: Director
Directorate: Executive
Qualifications: Columbia University, School of International Affairs
(non enrolled) - 1981/2
MA Degree at Warsaw University, School of International Affairs.
(Not completed PHD process) - 1984
Cambridge Proficiency Certificate - 1986
Working experience and occupation: Highly qualified and skilled Executive Manager offering 25+
years of experience in managing media and telecommunication
businessess, with in dept management knowledge and successful
track record in start-up and mature operations; efficient leader,
result-oriented with proven ability to manage key structures.
Talented in proactively identifying and resolving problems, -
off-setting negative trends, controlling costs and maximizing
revenues and developing strategic relations with key suppliers.
Professional Experience:-
1) ProCable LLC, subsidiary of PTK
(1993 - 1998) - CEO and major shareholder
2) PCI Programming Inc.
(1996 - 1998) - Director Business Development
3) Polska Telewizja Kablowa S.A.
(1992 - 2000) -VP and Corporate Director of
Programming & Business Development
4) Atomic Media Group Inc.
(1998 - 2000) -VP Business Development and Media
5) TVP S.A.
(2000 - 2002) - Senior Executive Director for Sales and
Marketing
6) New World Publishing Poland LLC
(2003 -2004) - CEO and Editor in Chief
7) Stream Communications and Media, Inc & Streamline
Media LLC
(2004- 2006) - VP Media and Business Development,
CEO of Streamline Media
8) Proyektor LLC
(2006 - 2011) - Vice President, COO
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
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/07/2012
Announcement Detail:
Date of change: 03/07/2012
Name: Skurtys, Jacek, P
Age: 54
Nationality: Polish
Type of change: Appointment
Designation: Director
Directorate: Executive
Qualifications: Columbia University, School of International Affairs
(non enrolled) - 1981/2
MA Degree at Warsaw University, School of International Affairs.
(Not completed PHD process) - 1984
Cambridge Proficiency Certificate - 1986
Working experience and occupation: Highly qualified and skilled Executive Manager offering 25+
years of experience in managing media and telecommunication
businessess, with in dept management knowledge and successful
track record in start-up and mature operations; efficient leader,
result-oriented with proven ability to manage key structures.
Talented in proactively identifying and resolving problems, -
off-setting negative trends, controlling costs and maximizing
revenues and developing strategic relations with key suppliers.
Professional Experience:-
1) ProCable LLC, subsidiary of PTK
(1993 - 1998) - CEO and major shareholder
2) PCI Programming Inc.
(1996 - 1998) - Director Business Development
3) Polska Telewizja Kablowa S.A.
(1992 - 2000) -VP and Corporate Director of
Programming & Business Development
4) Atomic Media Group Inc.
(1998 - 2000) -VP Business Development and Media
5) TVP S.A.
(2000 - 2002) - Senior Executive Director for Sales and
Marketing
6) New World Publishing Poland LLC
(2003 -2004) - CEO and Editor in Chief
7) Stream Communications and Media, Inc & Streamline
Media LLC
(2004- 2006) - VP Media and Business Development,
CEO of Streamline Media
8) Proyektor LLC
(2006 - 2011) - Vice President, COO
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
LINEAR - PRACTICE NOTE 1 / GUIDANCE NOTE 5: MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: Monthly Announcement Pursuant to Practice Note 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: Monthly Announcement Pursuant to Practice Note 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
LINEAR - PRACTICE NOTE 1 / GUIDANCE NOTE 5: MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: Monthly Announcement Pursuant to Practice Note 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
Company Name: LINEAR CORPORATION BERHAD
Stock Name: LINEAR
Date Announced: 03/07/2012
Announcement Detail:
Type: Announcement
Subject: PRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
Description: Monthly Announcement Pursuant to Practice Note 1/2001 ("PN1") of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad
HWGB - General Announcement
Announcement Type: General Announcement
Company Name: HO WAH GENTING BERHAD
Stock Name: HWGB
Date Announced: 03/07/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-120702-44026
Subject: PROJECT MANAGEMENT AGREEMENTS ("PMA(S)") IN RELATION TO:-
A. TO APPOINT HWG CONSORTIUM SDN BHD ("HWG CONSORTIUM") AS THE SOLE AND EXLUSIVE PROJECT MANAGER FOR THE ENERGY EFFICIENT LED LIGHTINGS AND RELATED GREEN TECHNOLOGIES ("PMA 1")
B. TO APPOINT HWG CONSORTIUM AS THE SOLE AND EXCLUSIVE PROJECT MANAGER FOR THE PATENTED LOW CARBON ENERGY EFFICIENCY REFRIGERATION TECHNOLOGY FROM AUSTRALIA KNOWN AS HI-FREEZE OFR (FRICTIONLESS OIL-VAPOR FREE (OVF) REFRIGERATION OIL) TECHNOLOGY FOR AIR CONDITIONING SYSTEMS ("PMA 2")
(THE PMA 1 AND PMA 2 HEREINAFTER BE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Description: PROJECT MANAGEMENT AGREEMENTS ("PMA(S)") IN RELATION TO:-
A. TO APPOINT HWG CONSORTIUM SDN BHD ("HWG CONSORTIUM") AS THE SOLE AND EXLUSIVE PROJECT MANAGER FOR THE ENERGY EFFICIENT LED LIGHTINGS AND RELATED GREEN TECHNOLOGIES ("PMA 1")
B. TO APPOINT HWG CONSORTIUM AS THE SOLE AND EXCLUSIVE PROJECT MANAGER FOR THE PATENTED LOW CARBON ENERGY EFFICIENCY REFRIGERATION TECHNOLOGY FROM AUSTRALIA KNOWN AS HI-FREEZE OFR (FRICTIONLESS OIL-VAPOR FREE (OVF) REFRIGERATION OIL) TECHNOLOGY FOR AIR CONDITIONING SYSTEMS ("PMA 2")
(THE PMA 1 AND PMA 2 HEREINAFTER BE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Query Letter content: We refer to the Company's announcements dated 27 and 29 June 2012, in respect
of the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
1. To elaborate further on the statement that WAWASAN and OPTIMA to leverage on
the Company's financial strength given that the Company is currently in a loss
making position.
2. The estimated financial commitment required to finance the Project and the
source of funds.
3. The name of the Company's key personnel to undertake the project management
together with their experiences in project management.
4. To further clarify on the statement that HWG Consortium will be rewarded by
sharing in the annual savings by the Government given that the salient terms of
PMA 1 and PMA 2 had specified the distribution of the contract profits between
HWG Consortium, WAWASAN and OPTIMA.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Page 2/-
Yours faithfully
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
Company Name: HO WAH GENTING BERHAD
Stock Name: HWGB
Date Announced: 03/07/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-120702-44026
Subject: PROJECT MANAGEMENT AGREEMENTS ("PMA(S)") IN RELATION TO:-
A. TO APPOINT HWG CONSORTIUM SDN BHD ("HWG CONSORTIUM") AS THE SOLE AND EXLUSIVE PROJECT MANAGER FOR THE ENERGY EFFICIENT LED LIGHTINGS AND RELATED GREEN TECHNOLOGIES ("PMA 1")
B. TO APPOINT HWG CONSORTIUM AS THE SOLE AND EXCLUSIVE PROJECT MANAGER FOR THE PATENTED LOW CARBON ENERGY EFFICIENCY REFRIGERATION TECHNOLOGY FROM AUSTRALIA KNOWN AS HI-FREEZE OFR (FRICTIONLESS OIL-VAPOR FREE (OVF) REFRIGERATION OIL) TECHNOLOGY FOR AIR CONDITIONING SYSTEMS ("PMA 2")
(THE PMA 1 AND PMA 2 HEREINAFTER BE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Description: PROJECT MANAGEMENT AGREEMENTS ("PMA(S)") IN RELATION TO:-
A. TO APPOINT HWG CONSORTIUM SDN BHD ("HWG CONSORTIUM") AS THE SOLE AND EXLUSIVE PROJECT MANAGER FOR THE ENERGY EFFICIENT LED LIGHTINGS AND RELATED GREEN TECHNOLOGIES ("PMA 1")
B. TO APPOINT HWG CONSORTIUM AS THE SOLE AND EXCLUSIVE PROJECT MANAGER FOR THE PATENTED LOW CARBON ENERGY EFFICIENCY REFRIGERATION TECHNOLOGY FROM AUSTRALIA KNOWN AS HI-FREEZE OFR (FRICTIONLESS OIL-VAPOR FREE (OVF) REFRIGERATION OIL) TECHNOLOGY FOR AIR CONDITIONING SYSTEMS ("PMA 2")
(THE PMA 1 AND PMA 2 HEREINAFTER BE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Query Letter content: We refer to the Company's announcements dated 27 and 29 June 2012, in respect
of the aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
1. To elaborate further on the statement that WAWASAN and OPTIMA to leverage on
the Company's financial strength given that the Company is currently in a loss
making position.
2. The estimated financial commitment required to finance the Project and the
source of funds.
3. The name of the Company's key personnel to undertake the project management
together with their experiences in project management.
4. To further clarify on the statement that HWG Consortium will be rewarded by
sharing in the annual savings by the Government given that the salient terms of
PMA 1 and PMA 2 had specified the distribution of the contract profits between
HWG Consortium, WAWASAN and OPTIMA.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Page 2/-
Yours faithfully
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
WCT-PA - WCT-PA - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
Company Name: WCT BERHAD
Stock Name: WCT-PA
Date Announced: 03/07/2012
Announcement Detail:
Subject: WCT-PA - NOTICE OF BOOK CLOSURE
Contents: Fifth and Last Dividend Payment to the Holders of 13.5% Non-Cumulative Irredeemable Convertible Preference Shares ("ICPS") for the period from 7 August 2011 to 6 August 2012.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 26 July 2012 ]
2) The last date of lodgement : [ 30 July 2012 ]
3) Date Payable : [ 6 August 2012 ]
Company Name: WCT BERHAD
Stock Name: WCT-PA
Date Announced: 03/07/2012
Announcement Detail:
Subject: WCT-PA - NOTICE OF BOOK CLOSURE
Contents: Fifth and Last Dividend Payment to the Holders of 13.5% Non-Cumulative Irredeemable Convertible Preference Shares ("ICPS") for the period from 7 August 2011 to 6 August 2012.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 26 July 2012 ]
2) The last date of lodgement : [ 30 July 2012 ]
3) Date Payable : [ 6 August 2012 ]
No comments:
Post a Comment