Magni Tech Industries Bhd http://www.alacrastore.com/company-snapshot/Magni_Tech_Industries_Bhd-2111458 Wednesday, October 15, 2008 8:33:40 PM 2111458 Magni Tech Industries Bhd en AlacraStore RSS Builder 1.0 30 MALAYSIA - In September ####, the board of Magni-Tech Industries Bhd (MT), a packaging materials manufacturer and wholesaler, authorized the repurchase of up to ##.### mil ordinary shares, or about ##% of the company's entire ordinary share outstanding, in open market transactions. Based on MT's closing stock price of #.## Malaysian ringgit ($#.### mil US) on September ##, the last full trading day prior to the announcement of the board's approval, the buyback had an indicated value of up to #.### mil ringgit ($#.### mil) in cash. The transaction was subject to shareholders' approval.9/25/2008 3:23:00 PM55951X55951X55951X55951XMagni-Tech Industries BhdMagni-Tech Industries BhdMagni-Tech Industries BhdMagni-Tech Industries Bhdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Magni_Tech_Industries_Bhd_intends_a_stock_buyback-2014429040sdc/20144290402014429040Copyright © 2008, Thomson Financial, All Rights ReservedKuala S/BPaper and Allied ProductsMalaysiaPackaging paper & plastics film,coated & laminated2671FFForeignPublicMAGNI2653:Corrugated and solid fiber boxes2657:Folding paperboard boxes, including sanitary2671:Packaging paper & plastics film,coated & laminated6719:Offices of holding companies, nec6799:Investors, nec2653:Corrugated and solid fiber boxes2657:Folding paperboard boxes, including sanitary2671:Packaging paper & plastics film,coated & laminated6719:Offices of holding companies, nec6799:Investors, necKuala S/BPaper and Allied ProductsMalaysiaPackaging paper & plastics film,coated & laminated2671FFForeignPublicMAGNI651389001Mnfr,whl pkg materialsMnfr,whl pkg materialsCashCash OnlyOrdinary Share651389001Sep 25 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000Magni-Tech Industries Bhd,headquartered in Penang,Malaysia, manufactures andwholesales packagingmaterials. Its otheractivities include provisionof management services andinvestment holding. The Groupoperates principally inMalaysia. It was founded inMarch 1997.Magni-Tech Industries Bhd, headquartered in Penang,Malaysia, manufactures and wholesales packaging materials.Its other activities include provision of managementservices and investment holding. The Group operatesprincipally in Malaysia. It was founded in March 1997.Magni-Tech Industries Bhd, headquartered in Penang, Malaysia, manufactures and wholesales packaging materials. Its other activities include provision of management services and investment holding. The Group operates principally in Malaysia. It was founded in March 1997.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000Magni-Tech Industries Bhd,headquartered in Penang,Malaysia, manufactures andwholesales packagingmaterials. Its otheractivities include provisionof management services andinvestment holding. The Groupoperates principally inMalaysia. It was founded inMarch 1997.Magni-Tech Industries Bhd, headquartered in Penang,Malaysia, manufactures and wholesales packaging materials.Its other activities include provision of managementservices and investment holding. The Group operatesprincipally in Malaysia. It was founded in March 1997.Magni-Tech Industries Bhd, headquartered in Penang, Malaysia, manufactures and wholesales packaging materials. Its other activities include provision of management services and investment holding. The Group operates principally in Malaysia. It was founded in March 1997.0.000000.000000.00000103.58000NMalaysian Ringgit23 Sep 08Tue, 23 Sep 2008 00:00:00 ESTDate Announced: 09/23/2008Date Effective:BuybackNot Appl.0.000000.000000.000000.000000.000000.75000Price/Share0.000007.768 Malaysian Ringgit7.7680077.681007.768 Malaysian Ringgit7.768000.000000.000000.219000.219007.768007.768 Malaysian Ringgit0.29200N1.225000.000000.000000.000000.000000.000002.268002.268000.000000.000000.000000.000000.000000.000000.0000010.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.221000.243000.254000.000000.000000.000000.000000.000000.000000.0000026.003000.000000.000000.000000.000000.00000-12.790000.00000-10.710001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.00000MALAYSIA - In September 2008,the board of Magni-TechIndustries Bhd (MT), apackaging materialsmanufacturer and wholesaler,authorized the repurchase ofup to 10.358 mil ordinaryshares, or about 10% of thecompany's entire ordinaryshare outstanding, in openmarket transactions. Based onMT's closing stock price of0.75 Malaysian ringgit ($0.219mil US) on September 22, thelast full trading day prior tothe announcement of theboard's approval, the buybackhad an indicated value of upto 7.768 mil ringgit ($2.268mil) in cash. The transactionwas subject to shareholders'approval.MALAYSIA - In September 2008, the board of Magni-Tech Industries Bhd (MT), a packaging materials manufacturer and wholesaler, authorized the repurchase of up to 10.358 mil ordinary shares, or about 10% of the company's entire ordinary share outstanding, in open market transactions. Based on MT's closing stock price of 0.75 Malaysian ringgit ($0.219 mil US) on September 22, the last full trading day prior to the announcement of the board's approval, the buyback had an indicated value of up to 7.768 mil ringgit ($2.268 mil) in cash. The transaction was subject to shareholders' approval.MALAYSIA - In September 2008, the board of Magni-Tech Industries Bhd (MT), a packagingmaterials manufacturer and wholesaler, authorized the repurchase of up to 10.358 milordinary shares, or about 10% of the company's entire ordinary share outstanding, in openmarket transactions. Based on MT's closing stock price of 0.75 Malaysian ringgit ($0.219mil US) on September 22, the last full trading day prior to the announcement of theboard's approval, the buyback had an indicated value of up to 7.768 mil ringgit ($2.268mil) in cash. The transaction was subject to shareholders' approval.MALAYSIA - In September 2008, the board of Magni-Tech Industries Bhd (MT), a packaging materials manufacturer and wholesaler, authorized the repurchase of up to 10.358 mil ordinary shares, or about10% of the company's entire ordinary share outstanding, in open market transactions. Based on MT's closing stock price of 0.75 Malaysian ringgit ($0.219 mil US) on September 22, the last full tradingday prior to the announcement of the board's approval, the buyback had an indicated value of up to 7.768 mil ringgit ($2.268 mil) in cash. The transaction was subject to shareholders' approval.MALAYSIA - In September 2008, the board of Magni-Tech Industries Bhd (MT), a packaging materials manufacturer and wholesaler, authorizedthe repurchase of up to 10.358 mil ordinary shares, or about 10% of the company's entire ordinary share outstanding, in open markettransactions. Based on MT's closing stock price of 0.75 Malaysian ringgit ($0.219 mil US) on September 22, the last full trading dayprior to the announcement of the board's approval, the buyback had an indicated value of up to 7.768 mil ringgit ($2.268 mil) in cash.The transaction was subject to shareholders' approval.Intended0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Intended-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002653:Corrugated and solid fiber boxes2657:Folding paperboard boxes, including sanitary2671:Packaging paper & plastics film,coated & laminated6719:Offices of holding companies, nec6799:Investors, nec651389001Kuala S/BMalaysia2671ForeignPublicMAGNI2653:Corrugated and solid fiber boxes2657:Folding paperboard boxes, including sanitary2671:Packaging paper & plastics film,coated & laminated6719:Offices of holding companies, nec6799:Investors, nec651389001Kuala S/BMalaysia2671ForeignPublicMAGNI2.268007.768002.268001.22500Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/bir/1204871bir/1204871normMagni-Tech Industries Bhd.MalaysiaFinance: Investment holding and management company with subsidiaries involved in the manufacture and distribution of packaging materials67192671267951135511123222213222994241309EGMAGNI9/16/2008 6:58:45 AM1204871Company Profiles & FinancialsGale Company Profiles