October 5, 2012

Company announcements: NICE, IRETEX, HAIO, TIMWELL, BHIC, EMICO

NICE - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameNICHE CAPITAL EMAS HOLDINGS BERHAD  
Stock Name NICE  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121004-59707

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionMonthly Announcement On The Status Of Default In Payments Pursuant To Practice Note 1 (“PN1”) Of The Main Market Listing Requirements (“MMLR”) Of Bursa Malaysia Securities Berhad

Further to the announcement on 6�September 2012, the Board of Directors of the Company wishes to announce that there has been no material development on the Default status as previously announced.

This announcement is dated�5 October 2012.



IRETEX - General Announcement

Announcement Type: General Announcement
Company NameIRE-TEX CORPORATION BERHAD  
Stock Name IRETEX  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121005-61341

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDTE-121004-42886
SubjectPROPOSED ACQUISITION BY IRE-TEX PAPER PACKAGING SDN BHD, A WHOLLY OWNED SUBSIDIARY OF ITCB, OF TWO (2) PIECES OF LEASEHOLD LAND TOGETHER WITH BUILDINGS LOCATED AT 49 AND 63, LORONG PERUSAHAAN 2B, KULIM INDUSTRIAL ESTATE, 09000 KULIM, KEDAH DARUL AMAN FROM AMPELOS INTERNATIONAL SDN. BHD. (COMPANY NO. 722193-A) FOR A TOTAL CASH CONSIDERATION OF RM4,500,000.00 ("PROPOSED ACQUISITION")
DescriptionFurther to the announcement on 3 October 2012 and Bursa Malaysia Securities Berhad's letter dated 4 October 2012, Ire-Tex Corporation Berhad ("ITCB" or "the Company") provides the following additional information :-

1. The age of the buildings erected on the Property is approximately 25 years old.

2. The net book value of the Property based on the latest audited financial statements of the Vendor as at 31 December 2011 was RM4,000,000.00

3. The Property is currently vacant. Ire-Tex Paper Packaging Sdn. Bhd. intends to use the Property for production of heavy duty packaging materials for its business.

4. Based on the latest unaudited financial results of ITCB Group for the period ended 30 June 2012, the gearing of ITCB Group before the Proposed Acquisition was 0.48 times. The Company has yet to determine the actual proportion of the cost of the Property which will be financed by bank borrowings but it is anticipated that the proportion would be approximately 80%.

Based on the assumption that 80% of the cost of the Property is financed through bank borrowings incurred on the Completion Date and assuming that the Proposed Acquisition was completed on 30 June 2012, the gearing of ITCB Group after the Proposed Acquisition is estimated at 0.56 times.


This announcement is dated 5 October 2012.
Query Letter Contents We refer to the Company's announcement dated 3 October 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. The age of the buildings erected on the Property.
2. The net book value of the Property based on the latest audited financial
statement.
3. The existing and proposed use of the Property.
4. The effect on the gearing (in times) before and after the Proposed
Acquisition.


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

Yours faithfully



HENG TECK HENG
Head, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)



HAIO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced5 Oct 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-121005-61730

Date of buy back05/10/2012
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)2,500
Minimum price paid for each share purchased ($$)2.030
Maximum price paid for each share purchased ($$)2.030
Total consideration paid ($$)5,111.00
Number of shares purchased retained in treasury (units)2,500
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,753,888
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)2.35


TIMWELL - Changes in Sub. S-hldr's Int. (29B) - Tan Tjeng Hok @ Lam Hak Ming

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced5 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTT-121005-07539

Particulars of substantial Securities Holder

NameTan Tjeng Hok @ Lam Hak Ming
AddressP.O. Box 10827
88809 Kota Kinabalu
Sabah
NRIC/Passport No/Company No.240730-71-5247
Nationality/Country of incorporationPermanent Resident of Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder1) Tan Tjeng Hok @ Lam Hak Ming
P.O. Box 10827
88809 Kota Kinabalu
Sabah

2) OSK Nominees (Asing) Sdn Bhd
Tingkat 5 Wisma BSN Sabah
Jalan Kemajuan Karamunsing
88000 Kota Kinabalu
Sabah




Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/10/2012
20,000
0.800 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect Interest
Direct (units)18,516,700 
Direct (%)20.79 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change18,516,700
Date of notice05/10/2012

Remarks :
The Form 29B was received by the Company on 5 October 2012.


TIMWELL - Changes in Sub. S-hldr's Int. (29B) - Lam Soei Tin @ Agnes Lam

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced5 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTT-121005-0752E

Particulars of substantial Securities Holder

NameLam Soei Tin @ Agnes Lam
AddressC2-02 Marina Court
88000 Kota Kinabalu
Sabah
NRIC/Passport No/Company No.500320665
Nationality/Country of incorporationBritish
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderTan Tjeng Hok @ Lam Hak Ming
P.O. Box 10827
88809 Kota Kinabalu
Sabah


Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/10/2012
20,000
0.800 

Circumstances by reason of which change has occurredAcquisition of shares in open market by her father, Tan Tjeng Hok @ Lam Hak Ming.
Nature of interestDeemed interest via shares held by connected person.
Direct (units)210,000 
Direct (%)0.24 
Indirect/deemed interest (units)27,672,498 
Indirect/deemed interest (%)31.08 
Total no of securities after change27,882,498
Date of notice05/10/2012

Remarks :
The Form 29B was received by the Company on 5 October 2012.


TIMWELL - Changes in Director's Interest (S135) - Lam Soei Tin @ Agnes Lam

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced5 Oct 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTT-121005-0753B

Information Compiled By KLSE

Particulars of Director

NameLam Soei Tin @ Agnes Lam
AddressC2-02 Marina Court
88000 Kota Kinabalu
Sabah
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
04/10/2012
20,000
0.800 

Circumstances by reason of which change has occurredAcquisition of Ordinary Shares in open market by her father, Tan Tjeng Hok @ Lam Hak Ming
Nature of interestDeemed Interest via shares held by connected person.
Consideration (if any) 

Total no of securities after change

Direct (units)210,000 
Direct (%)0.24 
Indirect/deemed interest (units)27,672,498 
Indirect/deemed interest (%)31.08 
Date of notice05/10/2012

Remarks :
The notice was received by the Company on 5 October 2012.


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

Announcement Type: General Announcement
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoTT-121005-07522

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionDEALING IN THE COMPANY'S SECURITIES OUTSIDE CLOSED PERIOD PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

We wish to announce that the Company has received notification from Mdm. Lam Soei Tin @ Agnes Lam, Director of the Company on dealing in the securities of the Company outside the closed period by her father Mr. Tan Tjeng Hok @ Lam Hak Ming, as defined in the Main Market Listing Requirements of Bursa Securities as shown in the table below :-

Date of dealing

Average consideration per share

No. of securities

% of Issued Share Capital

Transaction

4.10.2012

RM0.80

20,000

0.0225

Acquisition

1)� There is no change in direct interest held by Lam Soei Tin @ Agnes Lam.

2) The notification letter on the above dealing was received by the Company on�5 October 2012.



BHIC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameBOUSTEAD HEAVY INDUSTRIES CORPORATION BHD  
Stock Name BHIC  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoBH-121005-62972

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionIPOH HIGH COURT SUIT NO. 22NCVC-192-08/2012
RAJA JAAFAR BIN RAJA HARUN & INGAT KAWAN (M) SDN. BHD. -V- MD YUSOFF BIN HAJI BIRAN & BOUSTEAD NAVAL SHIPYARD SDN. BHD.

Further to our announcement dated 5 and 7 September 2012, Boustead Naval Shipyard Sdn. Bhd., an associate company of Boustead Heavy Industries Corporation Berhad, had filed its Statement of Defence on 4 October 2012. The first defendant had also filed its Statement of Defence on the same date.

The Court has fixed the matter for case management on 6 November 2012.

This announcement is dated 5 October 2012.



BHIC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameBOUSTEAD HEAVY INDUSTRIES CORPORATION BHD  
Stock Name BHIC  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoBH-121005-59169

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionIPOH HIGH COURT SUIT NO. 22NCVC-193-08/2012
INGAT KAWAN (M) SDN. BHD. -V- BOUSTEAD NAVAL SHIPYARD SDN. BHD.

Further to our announcement dated 5 and 7 September 2012, Boustead Naval Shipyard Sdn. Bhd. ("BNS"), an associate company of Boustead Heavy Industries Corporation Berhad, had on 4 October 2012 filed its Statement of Defence. BNS had also on the same date filed a Counterclaim against Ingat Kawan (M) Sdn Bhd (“Ingat Kawan”) and five former BNS staff for:-

(a)�������������� The Court’s Declaration that the contract is invalid; and

(b)�������������� Ingat Kawan to provide an account of the stolen cable if Ingat Kawan has sold the cable; or

(c)�������������� General Damages; and

(d)������������� Exemplary Damages; and

(e)�������������� Aggravated Damages; and

(f)��������������� Interest of 5% per annum of the amount in paragraph (c), (d) and (e) from 5 September 2011 until full settlement; and

(g)�������������� Cost; and

(h)�������������� Other reliefs that the Court deems fit.

BNS’s claims against its five former staff are for breach of fiduciary duties, fraud and acting against the law.

The Court has fixed the matter for case management on 6 November 2012.

This announcement is dated 5 October 2012.



EMICO - General Announcement

Announcement Type: General Announcement
Company NameEMICO HOLDINGS BERHAD  
Stock Name EMICO  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoEH-121005-57633

TypeAnnouncement
SubjectOTHERS
DescriptionEMICO HOLDINGS BERHAD
PARTIAL REDEMPTION OF THE REDEEMABLE SECURED LOAN STOCKS ("RSLS") AND PAYMENT OF COUPON

The Board of Directors of Emico wish to announce that Emico has made partial redemption of the RSLS amounted to RM2,263,000 and payment of coupon amounted to RM49,476.00 to the RSLS holders on 4th October 2012.

Please refer to attached schedule for the detailed of the RSLS�computation and payment.

This announcement is dated 5th October 2012.��

Attachments

RSLS - Payment.xls
28 KB



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