January 3, 2013

Company announcements: TATGIAP, ANNJOO, AEON, PETONE, SMPC, FITTERS, BRIGHT

TATGIAP - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameTATT GIAP GROUP BERHAD  
Stock Name TATGIAP  
Date Announced3 Jan 2013  
CategoryChange in Boardroom
Reference NoCC-130103-B5CA7

Date of change12/12/2012
NameYap Gim Seng
Age44
NationalityMalaysian
DesignationDirector
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonPersonal reasons
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 

Remarks :
The Company will fill the vacancy within 3 months.

This announcement is dated 3 January 2013 as the Board of Directors received the resignation letter today, 3 January 2013.


TATGIAP - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameTATT GIAP GROUP BERHAD  
Stock Name TATGIAP  
Date Announced3 Jan 2013  
CategoryChange in Audit Committee
Reference NoCC-130103-50643

Date of change12/12/2012
NameYap Gim Seng
Age44
NationalityMalaysian
Type of changeResignation
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 
Composition of Audit Committee (Name and Directorate of members after change)Members:
Loh Eng Wee - Independent Non-Executive Director
Dato' Rosely Bin Samsuri - Non-Independent Non-Executive Director

Remarks :
The Company will fill the vacancy within 3 months.

This announcement is dated 3 January 2013 as the Board of Directors received the resignation letter today, 3 January 2013.


ANNJOO - Changes in Director's Interest (S135) - Dato' Lim Hong Thye

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameANN JOO RESOURCES BERHAD  
Stock Name ANNJOO  
Date Announced3 Jan 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-130103-64679

Information Compiled By KLSE

Particulars of Director

NameDato' Lim Hong Thye
Address11A Jalan Permata 7/1
Section 7
40000 Shah Alam
Selangor Darul Ehsan
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
03/01/2013
50,000
1.370 

Circumstances by reason of which change has occurredOpen market purchase
Nature of interestDirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,409,400 
Direct (%)0.28 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice03/01/2013

Remarks :
This notice was received by the Company on 3 January 2013

50,000 (0.009% of the issued and paid up capital).
This announcement also serves to comply with paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


AEON - AEON CO. (M) BHD. ("AEON" OR "COMPANY")- Acquisition of Land

Announcement Type: General Announcement
Company NameAEON CO. (M) BHD  
Stock Name AEON  
Date Announced3 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130103-54A14

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-121231-54300
SubjectAEON CO. (M) BHD. ("AEON" OR "COMPANY")
- Acquisition of Land
DescriptionAEON CO. (M) BHD. ("AEON" OR "COMPANY")
- Acquisition of Land
Query Letter Contents We refer to your announcement dated 28 December 2012 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

1) To state the expiry date of the lease of the Sale Property.
2) To provide brief details and quantify the value of the Sale Property
ascribed by VPC Alliance (KL) Sdn Bhd on 13 May 2008.
3) To provide justification for the purchase consideration.
4) To incorporate the termination and/or refund clause of the Agreement.
5) To state the effect on Earnings per Share, Net Assets per Share and gearing
of the Company for financial year ending 31 December 2013.
6) To elaborate on the prospect of the Sale Property in realising the Company's
expansion plan.
7) To include information required under item (4), Part C, Appendix 10A of
Chapter 10 of the Main Market Listing Requirements.
8) To also include the Valuation Report by VPC Alliance (KL) Sdn Bhd as
document for inspection.

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

Yours faithfully



SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

WCY/NM
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)
Further to the Company’s announcement made on 28th December 2012 in relation to the Acquisition of Land, the Company furnished herewith the following additional information for the public release:
1) The expiry date of the lease of the Sale Property is 26th October 2103.

2) Based on the valuation report by VPC Alliance (KL) Sdn Bhd (“Company Valuer”) on 13th May 2008, the market value of the Sale Property is located near the junction of Persiaran Sukan and Persiaran Akuatik, within Section 13, Shah Alam, Selangor Darul Ehsan, with vacant possession and free from encumbrances was RM100 per square feet. The land use of the Sale Property as indicated in the land title is Commercial.

3) The total purchase consideration of RM90,010,052.00 was arrived at between the parties on a ‘willing-buyer willing-seller” basis, after taking into consideration the development of the potential of the Sale Property, the range of market values for similar lands in the vicinity and valuation carried out by Company Valuer on 13th May 2008 as mentioned in item (2) above. The valuation of the Land was carried out by using the comparison method.

4) The brief details of the termination clause and/or refund clause of the Agreement are as follows:-

Clause 16. NON-COMPLETION BY VENDOR

16.1 In the event the Vendor fails to complete the sale of the Sale Property pursuant to this Agreement, the Purchaser shall be entitled at its option to elect for specific performance of the sale and purchase hereunder of the Sale Property and to all other relief flowing therefrom or by notice in writing (hereinafter referred to as “the Election Notice”) served on the Vendor to elect to terminate this Agreement and accept a sum being equivalent to the Deposit as agreed liquidated damages (hereinafter referred to as “the Liquidated Damages”) from the Vendor who shall on or before the expiry of fourteen (14) days from the date of the Election Notice pay the Liquidated Damages to the Purchaser and cause all monies paid by the Purchaser to be refunded by the Vendor in accordance to Clause 2.2 of this Agreement and the amount of costs incurred by the Purchaser in obtaining the Planning Approvals/Development Order in accordance to Clause 2.3 of the Agreement (if applicable) and the Vendor shall further pay to the Purchaser interest on the Liquidated Damages and the aforesaid monies calculated at the rate of eight per centum (8%) per annum from the date of the expiry of the Election Notice until the date of actual payment and refund.

Clause 17. NON-COMPLETION BY PURCHASER
      Subject to the provisions in Clause 2 herein contained, in the event the Purchaser fails to complete the joint development and sale and purchase of the Sale Property including but not limited to the payment of the Purchase Price in accordance with the provisions of this Agreement the Vendor shall, by notice in writing to the Purchaser, be entitled at its option to elect for specific performance of the sale and purchase hereunder of the Sale Property and to other relief following therefrom or by notice in writing to the Purchaser be entitled to forfeit the Deposit as agreed Liquidated Damages whereupon the Purchaser shall within fourteen (14) days from the date of receipt of such written notice.

5) The acquisition is not expected to have any material impact on the earnings per share, net assets per share and gearing of the Company for the financial year ending 31 December 2013.

6) The acquisition provides such an opportunity for the Company to acquire land and expand its presence in the growing area of Shah Alam.

7) The Company intends to construct and operates a shopping centre and a departmental store cum supermarket in accordance with all the terms and conditions as stipulated in the Agreement on the Sale Property. At this juncture, the exact details pertaining to the shopping centre, total development cost, expected commencement and completion date has yet to be finalized and no profits is expected to be derived as the Sale Property was purchased for the use of the Company. The Board of Directors is confident that the acquisition will be well received.

8) A copy of the Valuation Report by VPC Alliance (KL) Sdn Bhd is available for inspection at the registered address of the Company at 3rd Floor, AEON Taman Maluri Shopping Centre, Jalan Jejaka, Taman Maluri, Cheras, 55100 Kuala Lumpur during normal office hours from Monday to Friday (except public holidays) for a period of three (3) months from the date of the announcement made by the Company on 28th December 2012.

This announcement is dated 3 January 2013.


PETONE - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced3 Jan 2013  
CategoryGeneral Announcement
Reference NoCS-130103-B63A9

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPETROL ONE RESOURCES BERHAD (“PETONE” OR “THE COMPANY”) – KUALA LUMPUR HIGH COURT NO. 22A-1451-12/2012 (“HIGH COURT”):
(1) WRIT OF SUMMONS TOGETHER WITH STATEMENT OF CLAIM (“CLAIM”) FILED BY ONE PETROLEUM (L) LTD (“OPLL”) (“PLAINTIFF”), A WHOLLY-OWNED SUBSIDIARY OF ARUS DERMAGA SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF PETONE, AGAINST BANK MUAMALAT MALAYSIA BERHAD (“1ST DEFENDANT”) AND NARENDRAKUMAR A/L CHUNILAL RUGNATH (“2ND DEFENDANT”); AND
(2) AN APPLICATION FOR INTERLOCUTORY INJUNCTION (“INTERLOCUTORY INJUNCTION APPLICATION”) BY OPLL AGAINST 1ST DEFENDANT AND 2ND DEFENDANT
Unless otherwise provided herein, the terms used herein shall carry same meaning as set out in the announcement made by PETONE on 7 December 2012 in respect of the Claim and the Interlocutory Injunction Application.
Further to the announcements made on 7 December 2012, the Board wishes to announce that the High Court, had on 3 January 2013, set the next case management date on 18 January 2013.

Further development of the above litigation will be announced on Bursa Malaysia Securities Berhad in due course.

This announcement is dated 3 January 2013.


PETONE - OTHERS PETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”) – WRIT OF SUMMONS IN ADMIRALTY IN REM (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM (“CLAIM”) FILED BY RHB INVESTMENT BANK BERHAD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“THE DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETONE – KUALA LUMPUR HIGH COURT ADMIRALTY IN REM NO. 27-52-10/2012 (“HIGH COURT”)

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced3 Jan 2013  
CategoryGeneral Announcement
Reference NoCS-130103-B93B9

TypeAnnouncement
SubjectOTHERS
DescriptionPETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”)
– WRIT OF SUMMONS IN ADMIRALTY IN REM (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM (“CLAIM”) FILED BY RHB INVESTMENT BANK BERHAD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“THE DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETONE – KUALA LUMPUR HIGH COURT ADMIRALTY IN REM NO. 27-52-10/2012 (“HIGH COURT”)
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 17 October 2012 in relation to the Writ of Summons and Claim.
Further to the announcements made on 17 October 2012, 19 October 2012, 23 October 2012, 8 November 2012 and 5 December 2012, the Board of Directors of PETONE wishes to announce that the High Court, had on 3 January 2013, set the next case management date on 17 January 2013.

Further developments of the above matter will be announced on Bursa Malaysia Securities Berhad as and when necessary.

This announcement is dated 3 January 2013.


PETONE - OTHERS PETROL ONE RESOURCES BERHAD (“PETONE” OR “THE COMPANY”) - WRIT OF SUMMONS IN ADMIRALTY IN REM (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM FILED BY MELABAKTI SDN BHD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“THE DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETONE – KUALA LUMPUR HIGH COURT ADMIRALTY IN REM NO. 27-39-07/2012

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced3 Jan 2013  
CategoryGeneral Announcement
Reference NoCS-130103-B93B8

TypeAnnouncement
SubjectOTHERS
DescriptionPETROL ONE RESOURCES BERHAD (“PETONE” OR “THE COMPANY”)
- WRIT OF SUMMONS IN ADMIRALTY IN REM (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM FILED BY MELABAKTI SDN BHD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“THE DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETONE – KUALA LUMPUR HIGH COURT ADMIRALTY IN REM NO. 27-39-07/2012
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 30 November 2012 in relation to the Writ of Summons and Claim.
Further to the announcements made on 30 November 2012, 7 December 2012 and 14 December 2012, the Board of Directors of PETONE wishes to announce that the High Court, had on 3 January 2013, set the next case management date on 17 January 2013.

Further developments of the above matter will be announced on Bursa Malaysia Securities Berhad as and when necessary.

This announcement is dated 3 January 2013.


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

Announcement Type: General Announcement
Company NameSMPC CORPORATION BHD  
Stock Name SMPC  
Date Announced3 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130103-41023

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionSMPC Corporation Bhd. ("SMPC" or "the Company")
- Acquisitions of quoted securities

The Board of Directors of SMPC is pleased to announce that its wholly-owned subsidiaries, Park Avenue Construction Sdn Bhd (Company No. 702371-T) ("PAC") and Progerex Sdn Bhd (Company No. 257136-V) ("PGX"), had during the period from 3 August 2012 to 2 January 2013 acquired quoted securities for which the aggregate of the purchases have exceeded 5% of SMPC Group's audited net assets.


Please refer to the attached file for full text of this announcement.


This announcement is dated 3 January 2013.



FITTERS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced3 Jan 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130103-E6875

Date of buy back03/01/2013
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)140,000
Minimum price paid for each share purchased ($$)0.605
Maximum price paid for each share purchased ($$)0.610
Total consideration paid ($$)85,419.24
Number of shares purchased retained in treasury (units)140,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)22,951,000
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 (%)7.94


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced3 Jan 2013  
CategoryChange in Boardroom
Reference NoBP-130103-66642

Date of change03/01/2013
NameYAP KOK ENG
Age43
NationalityMALAYSIAN
Type of changeAppointment
DesignationExecutive Director
DirectorateExecutive
QualificationsChartered Institute Of Marketing (CIM) 
Working experience and occupation Graduated with Chartered Institute Of Marketing (CIM), UK from Stamford College. He was the Senior Marketing Officer in a Japanese Company, Kozato Kizai (M) Sdn. Bhd. from 1991 to 1996 and gained vast experience in the air-conditioning and electronic capacitor industry.

In 1996, he joined the Company and currently hold the position of General Manager. He has overall responsibility in Sales and Marketing, Quality System and Operation of the Company.With more than 16 years working experience in the Company and extensive exposure in the tobacco/packaging industry, he is instrumental to formulating the marketing strategies and the organic growth of the Company 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 


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