Sample Disclosure – Change Of Principal Activities (3 August 2011)

Principal Activities

During the financial year, the Company changed its principal activities from manufacturing and trading of paper sticks for all types of cotton products, to buy, sell, assemble and modification of equipment and machinery related to the production of cotton products.

There have been no significant changes in the nature of these activities during the financial year other than the changes as mentioned above.

Sample Disclosure – Directors’ Interest In Shares (5 May 2011)

DIRECTORS’ INTERESTS

The interests and deemed interests in shares and options of the Company and of its related corporations of those who were Directors at year end (including the interests of the spouses and/or children of the directors who themselves are not Directors of the Company) as recorded in the Register of Directors’ Shareholdings are as follows:

[—– No. of ordinary shares of RM1/- each —–]

At 1.1.2010 Bought Sold At 31.12.2010
Director 1
– direct 21,050,000 21,050,000
– indirect* 5,400,200 5,400,200
Director 2
– direct 3,200,300 3,200,300
– indirect* 106,000 106,000
Director 3
– direct 100,000 100,000
– indirect
Director 4
– direct 200,000 200,000
– indirect

*Deemed interest by virtue of shares held by spouse and/or child in the Company pursuant to Section 134(12)(c) of the Companies Act, 1965.

By virtue of their interests in the shares of the Company, Director 1 and Director 2 are also deemed interested in the shares of the subsidiaries during the financial year to the extent that the Company has an interest.

Save and except as disclosed above, none of the other directors holding office at 31 December 2010 had any interest in the ordinary shares of the Company and of its related corporations during the financial year.

Sample Disclosure – Lifting Of PN 17 Status (8 March 2011)

LIFTING OF PN 17 STATUS

The Company had previously announced on 8 April 2008 that it intended to undertake a regularisation scheme to address its status under the Amended Practice Note 17/2005 of the Listing Requirements issued by Bursa Malaysia Securities Berhad (“PN 17”). The regularisation scheme was approved by the shareholders of the Company at the Extraordinary Meeting held on 8 June 2009.

As part of the regularisation scheme, order from the High Court confirming the par value reduction of the ordinary shares of the Company pursuant to the requirements of Section 64 of the Companies Act, 1965 was obtained on 8 July 2009.

The regularisation scheme was completed on 8 September 2009 followed by the lifting of the PN 17 status of the Company by Bursa Malaysia Securities Berhad on 15 September 2009.

The details of the regularisation scheme are disclosed in Note XX to the financial statements.

Sample Disclosure – Financial Results in Directors’ Report [continuing and discontinued operations] (27 January 2011)

Results


There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the statements of changes in equity.

In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year have not been substantially affected by any item, transaction or event of a material and unusual nature, other than the gain arising from the disposal of the bottles and containers manufacturing and packaging business of RM348,228, as further disclosed in Note 5 to the financial statements.

Please click this for all the relevant disclosure in one place: Sample Disclosure Of Continuing And Discontinued Operations In One Place (27 January 2011)

Sample Disclosure – Principal Activities [continuing and discontinued operations] (27 January 2011)

Principal Activities

The principal activity of the Company is investment holding and its subsidiaries are primarily engaged in the manufacture and sale of chilli sauce, bottles and containers manufacturing and packaging and the provision of management services.

There have been no significant changes in the nature of these activities during the financial year except as disclosed in Note 5 to the financial statements.

Please click this for all the relevant disclosure in one place: Sample Disclosure Of Continuing And Discontinued Operations In One Place (27 January 2011)

Sample Disclosure – Exemption From The Requirement Of The Financial Year End Of New Subsidiaries To Coincide With That Of The Holding Company In Directors’ Report (12 January 2011)

Exemption from the requirement of the financial year end of new subsidiaries to coincide with that of the holding company

Pursuant to Section 168 of the Companies Act, 1965, the financial year end of the Company’s two newly acquired foreign subsidiaries, ABC Pte Ltd and DEF Pte Ltd, are required to coincide with the financial year end of the Company within two years from date of acquisition.

However, upon the approval obtained from Companies Commission of Malaysia (“CCM”) on XX, the financial year end of these two foreign subsidiaries need not be coterminous with that of the financial year end of the Company.

For the purpose of the preparation of the consolidated financial statements of the Group for the current financial year ended 31 December 2010, the financial statements of these two foreign subsidiaries drawn up for the same period were audited. Such practice of having the financial statements of the two subsidiaries for the same period with that of the Company audited for the purpose of preparing consolidated financial statements of the Group has been adopted and would be applied for future years.