This little group was part of a collection of NB stamps. I have seen this fake cancel in stamps of other countries. The time is invariably 11am but I have not had sight of the actual date yet.
The bonus is that the 2c has such a faint stop after 1922 that it could possibly be classified as an unknown "no stop" variety. And also the second letter O in BORNEO is narrow, looking more like a numeral than a letter. They may have used the wrong plug as in BORNE0. Time to examine my collection again!