UMW - UMW-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")
Announcement Type: Listing Circular
Company Name: UMW HOLDINGS BERHAD
Stock Name: UMW
Date Announced: 16/07/2010
Announcement Detail:
Subject: UMW-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovenamed Company's additional 484,900 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 20 July 2010.
Company Name: UMW HOLDINGS BERHAD
Stock Name: UMW
Date Announced: 16/07/2010
Announcement Detail:
Subject: UMW-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovenamed Company's additional 484,900 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 20 July 2010.
TITAN - General Announcement
Announcement Type: General Announcement
Company Name: TITAN CHEMICALS CORP. BHD.
Stock Name: TITAN
Date Announced: 16/07/2010
Announcement Detail:
Type: Announcement
Subject: Titan Chemicals Corp. Bhd. ("Company")
I. Proposed Acquisition of 1,249,603,888 Ordinary Shares of Nominal Value RM1.00 Each in the Company, Representing Approximately 72.32%of the Issued Share Capital Of The Company, by Honam Petrochemical Corporation
II. Receipt of Copy of Press Release Issued by Honam Petrochemical Corporation
Contents: We refer to the announcement made by the Company on 17 June 2010.
Further thereto, the Company has been informed by its major shareholders, namely Union Harvard Investments S.R.L, CGDC Investments Corporation, Permodalan Nasional Berhad, and AmanahRaya Trustees Berhad (as trustee for Skim Amanah Saham Bumiputera, Amanah Saham Wawasan 2020, Amanah Saham Malaysia, Amanah Saham Didik, and Sekim Amanah Saham Nasional), that they have respectively executed, on 16 July 2010, conditional sale and purchase agreements (collectively, "SPAs") with Honam Petrochemical Corporation ("Honam"), of the Republic of Korea, for the acquisition by Honam of 1,249,603,888 ordinary shares of nominal value RM1.00 each in the Company, representing approximately 72.32% of the issued share capital of the Company, for a total consideration of RM2,936,569,136.80 or RM2.35 per share.
The Company has also been informed that the salient terms of the SPAs include the following:
(a) The shares are sold and purchased free from any and all claims, encumbrances, charges, liens, priorities or options of any nature whatsoever and with all dividends, distributions, rights and entitlements attaching thereto as from the completion date for a purchase consideration of RM2.35 per share.
(b) The obligations of the parties to consummate the transaction are subject to the satisfaction (or waiver by Honam) of certain conditions precedent, including obtaining the requisite approvals and waivers from the relevant regulatory authorities. These include (among others) approvals from the Ministry of International Trade and Industry of Malaysia, and anti-trust clearance from the relevant regulatory authorities in Korea, China and (if required) Vietnam.
(c) The conditions precedent must be fulfilled within four months from the date of the SPAs, but for the purposes of obtaining anti-trust clearance in China, this period may be extended for an additional two months.
(d) Completion of the acquisition will take place on the seventh market day from the date on which the conditions precedent are satisfied. Completion will take place by way of a direct business transaction in accordance with the rules of Bursa Malaysia Securities.
In connection therewith, we also wish to announce that the Company had on 16 July 2010 received a copy of a press release dated 16 July 2010 issued by Honam on this matter. According to the press release, by executing the SPAs and in accordance with the Malaysian Code on Take-Overs and Mergers, 1998 ("Code"), Honam is required to make an unconditional take-over offer to the remaining shareholders of the Company at a cash consideration of RM2.35 per share, upon the acquisition under the SPAs becoming unconditional.
Our board of directors note that, pursuant to the SPAs, 72.32% of the issued share capital of the Company has been agreed to be acquired by Honam. Therefore, at this point, our board does not intend to seek an alternative person to make a take-over offer for the Company's shares.
In the meantime, we have appointed Goldman Sachs (Singapore) Pte. as our international financial adviser, and Kadir, Andri & Partners as our legal adviser. We will be appointing an independent financial adviser at the appropriate time.
A copy of the said press release is enclosed herewith.
We will make further announcements at the appropriate times when there is any material development on this matter.
This announcement is dated 16 July 2010.
Attachments: Press Release.pdf
Company Name: TITAN CHEMICALS CORP. BHD.
Stock Name: TITAN
Date Announced: 16/07/2010
Announcement Detail:
Type: Announcement
Subject: Titan Chemicals Corp. Bhd. ("Company")
I. Proposed Acquisition of 1,249,603,888 Ordinary Shares of Nominal Value RM1.00 Each in the Company, Representing Approximately 72.32%of the Issued Share Capital Of The Company, by Honam Petrochemical Corporation
II. Receipt of Copy of Press Release Issued by Honam Petrochemical Corporation
Contents: We refer to the announcement made by the Company on 17 June 2010.
Further thereto, the Company has been informed by its major shareholders, namely Union Harvard Investments S.R.L, CGDC Investments Corporation, Permodalan Nasional Berhad, and AmanahRaya Trustees Berhad (as trustee for Skim Amanah Saham Bumiputera, Amanah Saham Wawasan 2020, Amanah Saham Malaysia, Amanah Saham Didik, and Sekim Amanah Saham Nasional), that they have respectively executed, on 16 July 2010, conditional sale and purchase agreements (collectively, "SPAs") with Honam Petrochemical Corporation ("Honam"), of the Republic of Korea, for the acquisition by Honam of 1,249,603,888 ordinary shares of nominal value RM1.00 each in the Company, representing approximately 72.32% of the issued share capital of the Company, for a total consideration of RM2,936,569,136.80 or RM2.35 per share.
The Company has also been informed that the salient terms of the SPAs include the following:
(a) The shares are sold and purchased free from any and all claims, encumbrances, charges, liens, priorities or options of any nature whatsoever and with all dividends, distributions, rights and entitlements attaching thereto as from the completion date for a purchase consideration of RM2.35 per share.
(b) The obligations of the parties to consummate the transaction are subject to the satisfaction (or waiver by Honam) of certain conditions precedent, including obtaining the requisite approvals and waivers from the relevant regulatory authorities. These include (among others) approvals from the Ministry of International Trade and Industry of Malaysia, and anti-trust clearance from the relevant regulatory authorities in Korea, China and (if required) Vietnam.
(c) The conditions precedent must be fulfilled within four months from the date of the SPAs, but for the purposes of obtaining anti-trust clearance in China, this period may be extended for an additional two months.
(d) Completion of the acquisition will take place on the seventh market day from the date on which the conditions precedent are satisfied. Completion will take place by way of a direct business transaction in accordance with the rules of Bursa Malaysia Securities.
In connection therewith, we also wish to announce that the Company had on 16 July 2010 received a copy of a press release dated 16 July 2010 issued by Honam on this matter. According to the press release, by executing the SPAs and in accordance with the Malaysian Code on Take-Overs and Mergers, 1998 ("Code"), Honam is required to make an unconditional take-over offer to the remaining shareholders of the Company at a cash consideration of RM2.35 per share, upon the acquisition under the SPAs becoming unconditional.
Our board of directors note that, pursuant to the SPAs, 72.32% of the issued share capital of the Company has been agreed to be acquired by Honam. Therefore, at this point, our board does not intend to seek an alternative person to make a take-over offer for the Company's shares.
In the meantime, we have appointed Goldman Sachs (Singapore) Pte. as our international financial adviser, and Kadir, Andri & Partners as our legal adviser. We will be appointing an independent financial adviser at the appropriate time.
A copy of the said press release is enclosed herewith.
We will make further announcements at the appropriate times when there is any material development on this matter.
This announcement is dated 16 July 2010.
Attachments: Press Release.pdf
GAMUDA - GAMUDA-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Announcement Type: Listing Circular
Company Name: GAMUDA BERHAD
Stock Name: GAMUDA
Date Announced: 16/07/2010
Announcement Detail:
Subject: GAMUDA-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovementioned Company's additional 2,092,000 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 20 July 2010.
Company Name: GAMUDA BERHAD
Stock Name: GAMUDA
Date Announced: 16/07/2010
Announcement Detail:
Subject: GAMUDA-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovementioned Company's additional 2,092,000 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 20 July 2010.
BPURI - General Announcement
Announcement Type: General Announcement
Company Name: BINA PURI HOLDINGS BHD
Stock Name: BPURI
Date Announced: 16/07/2010
Announcement Detail:
Type: Announcement
Subject: Works Package: TB01 - Design, Construction, Completion, Testing and Commissioning and Maintenance of Main Terminal Building, Satellite Building, Sky Bridge and Piers for Proposed Development of New LCC Terminal and Associated Works at KL International Airport, Sepang, Selangor
Contents: YB Senator Tan Sri Datuk Tee Hock Seng, JP, Group Managing Director of Bina Puri Holdings Bhd., would like to announce on behalf of the Board that we have accepted the letter of award in the name of UEMC - Bina Puri J.V. from Malaysia Airports Holdings Berhad on 16 July 2010 for the project known as "Works Package: TB01 - Design, Construction, Completion, Testing and Commissioning and Maintenance of Main Terminal Building, Satellite Building, Sky Bridge and Piers for Proposed Development of New LCC Terminal and Associated Works at KL International Airport, Sepang, Selangor" for a contract sum of RM997,227,000. With the award, the Group's current book order stands at RM2.7 billion as at to date. The project is expected to be completed within twenty months. The total value of contracts secured in 2010 for Bina Puri Group is RM1.51 billion.
The contract is expected to contribute positively to the earnings of Bina Puri Group for the financial year ending 31 December 2010.
Please note that no directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above transaction.
Company Name: BINA PURI HOLDINGS BHD
Stock Name: BPURI
Date Announced: 16/07/2010
Announcement Detail:
Type: Announcement
Subject: Works Package: TB01 - Design, Construction, Completion, Testing and Commissioning and Maintenance of Main Terminal Building, Satellite Building, Sky Bridge and Piers for Proposed Development of New LCC Terminal and Associated Works at KL International Airport, Sepang, Selangor
Contents: YB Senator Tan Sri Datuk Tee Hock Seng, JP, Group Managing Director of Bina Puri Holdings Bhd., would like to announce on behalf of the Board that we have accepted the letter of award in the name of UEMC - Bina Puri J.V. from Malaysia Airports Holdings Berhad on 16 July 2010 for the project known as "Works Package: TB01 - Design, Construction, Completion, Testing and Commissioning and Maintenance of Main Terminal Building, Satellite Building, Sky Bridge and Piers for Proposed Development of New LCC Terminal and Associated Works at KL International Airport, Sepang, Selangor" for a contract sum of RM997,227,000. With the award, the Group's current book order stands at RM2.7 billion as at to date. The project is expected to be completed within twenty months. The total value of contracts secured in 2010 for Bina Puri Group is RM1.51 billion.
The contract is expected to contribute positively to the earnings of Bina Puri Group for the financial year ending 31 December 2010.
Please note that no directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above transaction.
CBIP - CBIP - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
Company Name: CB INDUSTRIAL PRODUCT HOLDING BERHAD
Stock Name: CBIP
Date Announced: 16/07/2010
Announcement Detail:
Subject: CBIP - NOTICE OF BOOK CLOSURE
Contents: Interim tax-exempt dividend of 10% per ordinary share of RM0.50 each in respect of the Financial Year Ending 31 December 2010.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 28 July 2010 ]
2) The last date of lodgement : [ 30 July 2010 ]
3) Date Payable : [ 25 August 2010 ]
Company Name: CB INDUSTRIAL PRODUCT HOLDING BERHAD
Stock Name: CBIP
Date Announced: 16/07/2010
Announcement Detail:
Subject: CBIP - NOTICE OF BOOK CLOSURE
Contents: Interim tax-exempt dividend of 10% per ordinary share of RM0.50 each in respect of the Financial Year Ending 31 December 2010.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 28 July 2010 ]
2) The last date of lodgement : [ 30 July 2010 ]
3) Date Payable : [ 25 August 2010 ]
HAISAN - EXTRAORDINARY GENERAL MEETING
Announcement Type: General Announcement
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 16/07/2010
Announcement Detail:
Type: Announcement
Subject: EXTRAORDINARY GENERAL MEETING
Contents: The announcement dated 2 July 2010 in relation to the Notice of Extraordinary General Meeting ("EGM") refers.
The Board of Directors of Haisan Resources Berhad (HAISAN), is pleased to announce that at the EGM of HAISAN held today, the shareholders of HAISAN had approved the ordinary resolution as set out in the Notice of the EGM dated 2 July 2010.
This announcement is dated 16 July 2010.
Company Name: HAISAN RESOURCES BERHAD
Stock Name: HAISAN
Date Announced: 16/07/2010
Announcement Detail:
Type: Announcement
Subject: EXTRAORDINARY GENERAL MEETING
Contents: The announcement dated 2 July 2010 in relation to the Notice of Extraordinary General Meeting ("EGM") refers.
The Board of Directors of Haisan Resources Berhad (HAISAN), is pleased to announce that at the EGM of HAISAN held today, the shareholders of HAISAN had approved the ordinary resolution as set out in the Notice of the EGM dated 2 July 2010.
This announcement is dated 16 July 2010.
ASIAFLE - ASIAFLE-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Announcement Type: Listing Circular
Company Name: ASIA FILE CORPORATION BHD
Stock Name: ASIAFLE
Date Announced: 16/07/2010
Announcement Detail:
Subject: ASIAFLE-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovenamed Company's additional 333,400 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 20 July 2010.
Company Name: ASIA FILE CORPORATION BHD
Stock Name: ASIAFLE
Date Announced: 16/07/2010
Announcement Detail:
Subject: ASIAFLE-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Contents: Kindly be advised that the abovenamed Company's additional 333,400 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 20 July 2010.
SAMUDRA - SAMUDRA - NOTICE OF RIGHTS ENTITLEMENT
Announcement Type: Listing Circular
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 16/07/2010
Announcement Detail:
Subject: SAMUDRA - NOTICE OF RIGHTS ENTITLEMENT
Contents: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share.
Kindly be advised of the following :
1) The Rights commence of trading : [ 28 July 2010 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 29 July 2010]
3) The last day and time for Acceptance, Renunciation and Payment :
[ 11 August 2010 @ 5:00pm ]
4) The Rights cease quotation : [ 4 August 2010 ]
The Stock Short Name, Number and ISIN Code [ SAMUDRA-OR, 7185OR and MYL7185OR004 ] respectively
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 16/07/2010
Announcement Detail:
Subject: SAMUDRA - NOTICE OF RIGHTS ENTITLEMENT
Contents: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share.
Kindly be advised of the following :
1) The Rights commence of trading : [ 28 July 2010 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 29 July 2010]
3) The last day and time for Acceptance, Renunciation and Payment :
[ 11 August 2010 @ 5:00pm ]
4) The Rights cease quotation : [ 4 August 2010 ]
The Stock Short Name, Number and ISIN Code [ SAMUDRA-OR, 7185OR and MYL7185OR004 ] respectively
SAMUDRA - SAMUDRA - NOTICE OF RIGHTS ENTITLEMENT
Announcement Type: Listing Circular
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 16/07/2010
Announcement Detail:
Subject: SAMUDRA - NOTICE OF RIGHTS ENTITLEMENT
Contents: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 23 July 2010 ]
2) The last date of lodgement : [ 27 July 2010 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 3/8 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 3/8 ] of the Transacted Price is applicable.
Company Name: KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name: SAMUDRA
Date Announced: 16/07/2010
Announcement Detail:
Subject: SAMUDRA - NOTICE OF RIGHTS ENTITLEMENT
Contents: Renounceable rights issue of up to 63,888,000 new ordinary shares of RM0.30 each in KSTB ("Rights Shares") on the basis of three (3) Rights Shares for every five (5) existing ordinary shares of RM0.30 each in KSTB held at 5.00 p.m. on 27 July 2010 at an issue price of RM0.30 per Rights Share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 23 July 2010 ]
2) The last date of lodgement : [ 27 July 2010 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 3/8 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 3/8 ] of the Transacted Price is applicable.
SCOMIEN - SCOMIEN - NOTICE OF BOOK CLOSORE
Announcement Type: Listing Circular
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 16/07/2010
Announcement Detail:
Subject: SCOMIEN - NOTICE OF BOOK CLOSORE
Contents: Special Interim Dividend of 29.5 sen per ordinary share as follows:
(i) an interim dividend of 6 sen per ordinary share (gross) less 25% income tax;
(ii) an interim tax exempt dividend of 11 sen per ordinary share to be paid out of income exempted under Schedule 6 Paragraph 28 of the Income Tax Act, 1967 and is exempted from Income Tax in Malaysia in the hands of shareholders under Schedule 7A Paragraph 5(3) of the said Act; and
(iii) an interim single tier exempt dividend of 12.5 sen per ordinary share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 28 July 2010 ]
2) The last date of lodgement : [ 30 July 2010 ]
3) Date Payable : [ 26 August 2010 ]
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 16/07/2010
Announcement Detail:
Subject: SCOMIEN - NOTICE OF BOOK CLOSORE
Contents: Special Interim Dividend of 29.5 sen per ordinary share as follows:
(i) an interim dividend of 6 sen per ordinary share (gross) less 25% income tax;
(ii) an interim tax exempt dividend of 11 sen per ordinary share to be paid out of income exempted under Schedule 6 Paragraph 28 of the Income Tax Act, 1967 and is exempted from Income Tax in Malaysia in the hands of shareholders under Schedule 7A Paragraph 5(3) of the said Act; and
(iii) an interim single tier exempt dividend of 12.5 sen per ordinary share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 28 July 2010 ]
2) The last date of lodgement : [ 30 July 2010 ]
3) Date Payable : [ 26 August 2010 ]
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