DAYA - Disposal of a Subsidiary Company
Announcement Type: General Announcement
Company Name: DAYA MATERIALS BERHAD
Stock Name: DAYA
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: Disposal of a Subsidiary Company
Contents: We refer to our announcements dated 12 August 2010 and 13 August 2010 respectively in relation to the above matter.
The Board of Directors of Daya Materials Berhad ("DMB") is pleased to announce that all the transactions pursuant to and in accordance with the terms of the Sale and Purchase Agreement dated 12 August 2010 has been completed on 18 August 2010.
The Board of Directors of Daya Materials Berhad ("DMB") is pleased to announce that the Proposal Disposal of 1,800 ordinary shares of RM1.00 each in OCI Energy Services Sdn. Bhd. ("OCIES") had been duly completed on 18 August 2010.
This announcement is dated 18 August 2010.
Company Name: DAYA MATERIALS BERHAD
Stock Name: DAYA
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: Disposal of a Subsidiary Company
Contents: We refer to our announcements dated 12 August 2010 and 13 August 2010 respectively in relation to the above matter.
The Board of Directors of Daya Materials Berhad ("DMB") is pleased to announce that all the transactions pursuant to and in accordance with the terms of the Sale and Purchase Agreement dated 12 August 2010 has been completed on 18 August 2010.
The Board of Directors of Daya Materials Berhad ("DMB") is pleased to announce that the Proposal Disposal of 1,800 ordinary shares of RM1.00 each in OCI Energy Services Sdn. Bhd. ("OCIES") had been duly completed on 18 August 2010.
This announcement is dated 18 August 2010.
FOCUSP - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: FOCUS POINT HOLDINGS BERHAD (ACE Market)
Stock Name: FOCUSP
Date Announced: 18/08/2010
Announcement Detail:
Admission Sponsor: OSK Investment Bank Bhd
Sponsor: Same as above
Type: Announcement
Subject: FOCUS POINT HOLDINGS BERHAD ("FOCUS POINT" OR THE "COMPANY")
(A) EXIT OPTION;
(B) WAIVER FROM COMPLIANCE WITH RULES 3.10(1) AND 3.19(1)(A) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS"); AND
(C) EXTENSION OF TIME TO COMPLY WITH RULE 8.02(1) OF THE LISTING REQUIREMENTS
Contents: FOCUS POINT HOLDINGS BERHAD ("FOCUS POINT" OR THE "COMPANY")
(A) EXIT OPTION;
(B) WAIVER FROM COMPLIANCE WITH RULES 3.10(1) AND 3.19(1)(A) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS"); AND
(C) EXTENSION OF TIME TO COMPLY WITH RULE 8.02(1) OF THE LISTING REQUIREMENTS
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: FOCUS POINT HOLDINGS BERHAD (ACE Market)
Stock Name: FOCUSP
Date Announced: 18/08/2010
Announcement Detail:
Admission Sponsor: OSK Investment Bank Bhd
Sponsor: Same as above
Type: Announcement
Subject: FOCUS POINT HOLDINGS BERHAD ("FOCUS POINT" OR THE "COMPANY")
(A) EXIT OPTION;
(B) WAIVER FROM COMPLIANCE WITH RULES 3.10(1) AND 3.19(1)(A) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS"); AND
(C) EXTENSION OF TIME TO COMPLY WITH RULE 8.02(1) OF THE LISTING REQUIREMENTS
Contents: FOCUS POINT HOLDINGS BERHAD ("FOCUS POINT" OR THE "COMPANY")
(A) EXIT OPTION;
(B) WAIVER FROM COMPLIANCE WITH RULES 3.10(1) AND 3.19(1)(A) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS"); AND
(C) EXTENSION OF TIME TO COMPLY WITH RULE 8.02(1) OF THE LISTING REQUIREMENTS
MRCB - General Announcement
Announcement Type: General Announcement
Company Name: MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name: MRCB
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION FROM PRINCIPAL OFFICER OF MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR "THE COMPANY") PURSUANT TO PARAGRAPH 14.08(A) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Contents: MRCB has received notifications from the following Principal Officer of the Company of her intention to deal in the Company's securities during closed period prior to the targeted date of Announcement to Bursa, in respect of the quarterly results for the second financial quarter ended 30 June 2010.
The details of her shareholding is as follows:-
Company Name: MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name: MRCB
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION FROM PRINCIPAL OFFICER OF MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR "THE COMPANY") PURSUANT TO PARAGRAPH 14.08(A) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Contents: MRCB has received notifications from the following Principal Officer of the Company of her intention to deal in the Company's securities during closed period prior to the targeted date of Announcement to Bursa, in respect of the quarterly results for the second financial quarter ended 30 June 2010.
The details of her shareholding is as follows:-
LIONDIV - General Announcement
Announcement Type: General Announcement
Company Name: LION DIVERSIFIED HOLDINGS BERHAD
Stock Name: LIONDIV
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: LION DIVERSIFIED HOLDINGS BERHAD ("LDHB" OR THE "COMPANY")
USD132,110,000 nominal value 5-year 2.5% exchangeable bonds due 2012 exchangeable into ordinary shares of Parkson Holdings Berhad issued by Excel Step Investments Limited, a wholly-owned subsidiary of LDHB
Contents: We refer to the announcements dated 30 October 2007, 16 November 2007 and 20 July 2010.
The Board of Directors of LDHB had on 20 July 2010 announced that Excel Step Investments Limited ("Issuer"), a wholly-owned subsidiary of the Company, will convene a meeting of the holders of its USD132,110,000 nominal value 5-year 2.5% Guaranteed Secured Exchangeable Bonds due 2012 ("Bonds") constituted by a Trust Deed dated 16 November 2007 ("Trust Deed") made between the Issuer, LDHB, The Bank of New York Mellon, London Branch (as Trustee) and AmTrustee Berhad (as Security Trustee), which meeting will be held at 9:00 a.m., London time, 27 August 2010, at the offices of Weil, Gotshal & Manges at One South Place, London EC2M 2WG, for the purpose of considering and, if thought fit, passing an Extraordinary Resolution, in accordance with the provisions of the Trust Deed. The Extraordinary Resolution relates to certain amendments proposed by the Issuer to the Terms and Conditions of the Bonds and the Trust Deed to be effected by way of a supplemental trust deed to be executed by the parties to the Trust Deed.
Attachments: EB-Proposed Further Amendments.pdf
Company Name: LION DIVERSIFIED HOLDINGS BERHAD
Stock Name: LIONDIV
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: LION DIVERSIFIED HOLDINGS BERHAD ("LDHB" OR THE "COMPANY")
USD132,110,000 nominal value 5-year 2.5% exchangeable bonds due 2012 exchangeable into ordinary shares of Parkson Holdings Berhad issued by Excel Step Investments Limited, a wholly-owned subsidiary of LDHB
Contents: We refer to the announcements dated 30 October 2007, 16 November 2007 and 20 July 2010.
The Board of Directors of LDHB had on 20 July 2010 announced that Excel Step Investments Limited ("Issuer"), a wholly-owned subsidiary of the Company, will convene a meeting of the holders of its USD132,110,000 nominal value 5-year 2.5% Guaranteed Secured Exchangeable Bonds due 2012 ("Bonds") constituted by a Trust Deed dated 16 November 2007 ("Trust Deed") made between the Issuer, LDHB, The Bank of New York Mellon, London Branch (as Trustee) and AmTrustee Berhad (as Security Trustee), which meeting will be held at 9:00 a.m., London time, 27 August 2010, at the offices of Weil, Gotshal & Manges at One South Place, London EC2M 2WG, for the purpose of considering and, if thought fit, passing an Extraordinary Resolution, in accordance with the provisions of the Trust Deed. The Extraordinary Resolution relates to certain amendments proposed by the Issuer to the Terms and Conditions of the Bonds and the Trust Deed to be effected by way of a supplemental trust deed to be executed by the parties to the Trust Deed.
Attachments: EB-Proposed Further Amendments.pdf
APM - Interim Dividend
Announcement Type: Entitlements (Notice of Book Closure)
Company Name: APM AUTOMOTIVE HOLDINGS BERHAD
Stock Name: APM
Date Announced: 18/08/2010
Announcement Detail:
EX-date: 02/09/2010
Entitlement date: 06/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Interim Dividend
Entitlement description: Interim Dividend of 8% less 25% income tax
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur, Malaysia
DID : (603) 2264 3891
Fax : (603) 2282 1886
Payment date: 20/09/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 06/09/2010
Entitlement indicator: Percentage
Entitlement in percentage (%): 8
Company Name: APM AUTOMOTIVE HOLDINGS BERHAD
Stock Name: APM
Date Announced: 18/08/2010
Announcement Detail:
EX-date: 02/09/2010
Entitlement date: 06/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Interim Dividend
Entitlement description: Interim Dividend of 8% less 25% income tax
Period of interest payment: to
Financial Year End: 31/12/2010
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur, Malaysia
DID : (603) 2264 3891
Fax : (603) 2282 1886
Payment date: 20/09/2010
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 06/09/2010
Entitlement indicator: Percentage
Entitlement in percentage (%): 8
PSPRING - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: PULAI SPRINGS BERHAD
Stock Name: PSPRING
Date Announced: 18/08/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: PULAI SPRINGS BERHAD
Stock Name: PSPRING
Date Announced: 18/08/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
EONCAP - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: EON CAPITAL BERHAD
Stock Name: EONCAP
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: EON CAPITAL BERHAD ("EONCAP" OR THE "COMPANY")
EXTRAORDINARY GENERAL MEETING ("EGM") ON 19 AUGUST 2010
Contents: (I) OFFER FROM HONG LEONG BANK BERHAD TO ACQUIRE THE ENTIRE ASSETS AND LIABILITIES OF EON CAPITAL BERHAD FOR A CASH CONSIDERATION OF RM5,060,423,743.60 ("OFFER" OR "PROPOSED DISPOSAL"); AND
(II) PROPOSED DISTRIBUTION OF CASH PROCEEDS ARISING FROM THE PROPOSED DISPOSAL TO ALL ENTITLED SHAREHOLDERS OF EON CAPITAL BERHAD ("PROPOSED DISTRIBUTION")
Attachments: ECB Press Statement-EGM 18.8.10.pdf
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: EON CAPITAL BERHAD
Stock Name: EONCAP
Date Announced: 18/08/2010
Announcement Detail:
Type: Announcement
Subject: EON CAPITAL BERHAD ("EONCAP" OR THE "COMPANY")
EXTRAORDINARY GENERAL MEETING ("EGM") ON 19 AUGUST 2010
Contents: (I) OFFER FROM HONG LEONG BANK BERHAD TO ACQUIRE THE ENTIRE ASSETS AND LIABILITIES OF EON CAPITAL BERHAD FOR A CASH CONSIDERATION OF RM5,060,423,743.60 ("OFFER" OR "PROPOSED DISPOSAL"); AND
(II) PROPOSED DISTRIBUTION OF CASH PROCEEDS ARISING FROM THE PROPOSED DISPOSAL TO ALL ENTITLED SHAREHOLDERS OF EON CAPITAL BERHAD ("PROPOSED DISTRIBUTION")
Attachments: ECB Press Statement-EGM 18.8.10.pdf
PETRA - General Announcement
Announcement Type: General Announcement
Company Name: PETRA PERDANA BERHAD
Stock Name: PETRA
Date Announced: 18/08/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-100817-43159
Subject: Petra Perdana Berhad ("PPB" or the "Company")
Cancellation of Memorandum of Agreement (MOA) for the purchase of vessel
Variation of the utilization of proceeds from Private Placement
Contents: Further to Bursa Securities' query letter dated 17 August 2010 on the Company's announcement made on 12 and 16 August 2010, the Company wishes to provide the following additional information for public release, the numbering used hereunder is consistent with the numbering in the said query letter:
1. At the time of announcement of the Private Placement on 11 May 2010, the Board's intention was to raise proceeds from the Private Placement to pay the charterer deposit under the sale and lease back financing arrangement in relation to one unit Accommodation work barges (identified as SK301 (Petra Excelsior) and 1 unit of Accommodation Workboat (identified as SK402 (Petra Liberty)) due to be delivered on 25 May 2010. Due to the delay in the completion of the Private Placement exercise, the Company had to use its internal funds for the Charterer Deposit to take delivery of these vessels. An announcement was subsequently made on 21 May 2010 in relation to the sale and leaseback for these vessels.
As the Company was also scheduled to take delivery of two (2) Anchor Handling Tug Support (AHTS) vessels (identified as SK201 and SK202) in June and July 2010, the Board had decided to earmark such proceeds from the Private Placement exercise to be utilised for the charterer deposit under the sale and lease back financing arrangement in relation to the delivery of these two AHTS vessels. The Private Placement exercise was completed on 2 July 2010.
Approximately mid-July 2010, the shipyard notified the Company of a third party interested to take-over the vessel SK202 prior to its delivery. Subsequently on 21 July 2010, the shipyard informed that the third party has given its commitment to take over the SK 202 vessel subject to their Board approval and final inspection. The consideration to cancel the MOA for SK 202 was then brought to the attention of PPB's Board for its decision.
The Board having considered the current low AHTS fleet utilisation and near term possibility of further prolonged low drilling activities, therefore concluded that the opportunity for this MOA cancellation with full refund of deposit, should be taken up as a prudent business decision for the Company. Negotiations were finalized in August 2010 and an announcement of the cancellation of the MOA was made on 12 August 2010.
2. The RM19.78 million proceeds from the Private Placement and refund from the SK202 vessel will be pooled into PPB Group's working capital which will be utilised mainly to meet the lease rental payments of the Group's fleet of vessels, dry-docking expenses, as well as repair and maintenance costs and is expected to be utilised within the next twelve (12) months.
3. The SK201 Vessel was delivered on 26 June 2010 whilst the legal ownership relating to the same will be passed once the documentation on the sale and leaseback financing arrangement is finalised.
This announcement is dated 18 August 2010.
Query Letter content: We refer to your Company's announcements dated 12 and 16 August 2010 in respect
of the above mattters.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The details of the circumstances or events which took place from 11 May 2010
(date of announcement of the Private Placement) to 11 August 2010 (date of the
notice of cancellation of the MOA), both within and without the Petra Perdana
Berhad group of companies, leading to the board of directors' decision to
cancel the MOA.
The specific details of the working capital for which the amount of RM19.78
million (being part of the proceeds from the Private Placement which was
previously intended to be utilised towards the payment of the Deposits) and USD
8.85 million (being refund of the the deposit made for the purchase of the
SK202 Vessel) will be utilised, the breakdown thereof, and the timeframe for
full utilisation.
The expected delivery date of the SK201 Vessel.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division, Regulation
TYE/ZOOS
c.c.General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Company Name: PETRA PERDANA BERHAD
Stock Name: PETRA
Date Announced: 18/08/2010
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: ZO-100817-43159
Subject: Petra Perdana Berhad ("PPB" or the "Company")
Cancellation of Memorandum of Agreement (MOA) for the purchase of vessel
Variation of the utilization of proceeds from Private Placement
Contents: Further to Bursa Securities' query letter dated 17 August 2010 on the Company's announcement made on 12 and 16 August 2010, the Company wishes to provide the following additional information for public release, the numbering used hereunder is consistent with the numbering in the said query letter:
1. At the time of announcement of the Private Placement on 11 May 2010, the Board's intention was to raise proceeds from the Private Placement to pay the charterer deposit under the sale and lease back financing arrangement in relation to one unit Accommodation work barges (identified as SK301 (Petra Excelsior) and 1 unit of Accommodation Workboat (identified as SK402 (Petra Liberty)) due to be delivered on 25 May 2010. Due to the delay in the completion of the Private Placement exercise, the Company had to use its internal funds for the Charterer Deposit to take delivery of these vessels. An announcement was subsequently made on 21 May 2010 in relation to the sale and leaseback for these vessels.
As the Company was also scheduled to take delivery of two (2) Anchor Handling Tug Support (AHTS) vessels (identified as SK201 and SK202) in June and July 2010, the Board had decided to earmark such proceeds from the Private Placement exercise to be utilised for the charterer deposit under the sale and lease back financing arrangement in relation to the delivery of these two AHTS vessels. The Private Placement exercise was completed on 2 July 2010.
Approximately mid-July 2010, the shipyard notified the Company of a third party interested to take-over the vessel SK202 prior to its delivery. Subsequently on 21 July 2010, the shipyard informed that the third party has given its commitment to take over the SK 202 vessel subject to their Board approval and final inspection. The consideration to cancel the MOA for SK 202 was then brought to the attention of PPB's Board for its decision.
The Board having considered the current low AHTS fleet utilisation and near term possibility of further prolonged low drilling activities, therefore concluded that the opportunity for this MOA cancellation with full refund of deposit, should be taken up as a prudent business decision for the Company. Negotiations were finalized in August 2010 and an announcement of the cancellation of the MOA was made on 12 August 2010.
2. The RM19.78 million proceeds from the Private Placement and refund from the SK202 vessel will be pooled into PPB Group's working capital which will be utilised mainly to meet the lease rental payments of the Group's fleet of vessels, dry-docking expenses, as well as repair and maintenance costs and is expected to be utilised within the next twelve (12) months.
3. The SK201 Vessel was delivered on 26 June 2010 whilst the legal ownership relating to the same will be passed once the documentation on the sale and leaseback financing arrangement is finalised.
This announcement is dated 18 August 2010.
Query Letter content: We refer to your Company's announcements dated 12 and 16 August 2010 in respect
of the above mattters.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The details of the circumstances or events which took place from 11 May 2010
(date of announcement of the Private Placement) to 11 August 2010 (date of the
notice of cancellation of the MOA), both within and without the Petra Perdana
Berhad group of companies, leading to the board of directors' decision to
cancel the MOA.
The specific details of the working capital for which the amount of RM19.78
million (being part of the proceeds from the Private Placement which was
previously intended to be utilised towards the payment of the Deposits) and USD
8.85 million (being refund of the the deposit made for the purchase of the
SK202 Vessel) will be utilised, the breakdown thereof, and the timeframe for
full utilisation.
The expected delivery date of the SK201 Vessel.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division, Regulation
TYE/ZOOS
c.c.General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
SCOMIEN - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 18/08/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: SCOMI ENGINEERING BHD
Stock Name: SCOMIEN
Date Announced: 18/08/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
PMETAL - PMETAL- EXERCISE OF 261,400 WARRANTS ("EXERCISE")
Announcement Type: Listing Circular
Company Name: PRESS METAL BERHAD
Stock Name: PMETAL
Date Announced: 18/08/2010
Announcement Detail:
Subject: PMETAL- EXERCISE OF 261,400 WARRANTS ("EXERCISE")
Contents: Kindly be informed that the abovementioned Company's additional 261,400 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Friday, 20 August 2010.
Company Name: PRESS METAL BERHAD
Stock Name: PMETAL
Date Announced: 18/08/2010
Announcement Detail:
Subject: PMETAL- EXERCISE OF 261,400 WARRANTS ("EXERCISE")
Contents: Kindly be informed that the abovementioned Company's additional 261,400 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Friday, 20 August 2010.
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