September 27, 2012

Company announcements: CENTURY, ASTINO, SAMUDRA, KEINHIN, DESTINI, ARANK, UMSNGB, SCNWOLF, WZSTEEL

CENTURY - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameCENTURY LOGISTICS HOLDINGS BERHAD  
Stock Name CENTURY  
Date Announced27 Sept 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCS-120927-738A0

Date of buy back27/09/2012
Description of shares purchasedOrdinary Shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)72,300
Minimum price paid for each share purchased ($$)1.680
Maximum price paid for each share purchased ($$)1.800
Total consideration paid ($$)124,950.00
Number of shares purchased retained in treasury (units)72,300
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,240,920
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)4.6


ASTINO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameASTINO BERHAD  
Stock Name ASTINO  
Date Announced27 Sept 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-120927-47A97

Date of buy back27/09/2012
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)9,000
Minimum price paid for each share purchased ($$)0.860
Maximum price paid for each share purchased ($$)0.860
Total consideration paid ($$)7,740.00
Number of shares purchased retained in treasury (units)9,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,526,203
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)3.3


SAMUDRA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced27 Sept 2012  
CategoryGeneral Announcement
Reference NoOD-120927-64018

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionPROPOSED RENOUNCEABLE RIGHTS ISSUE OF 71,513,250 WARRANTS (“WARRANT(S)”) AT AN ISSUE PRICE OF RM0.05 FOR EACH WARRANT ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.30 EACH IN KSTB (“KSTB SHARES”) HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE OF WARRANTS”)

Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcement.

We refer to the Company’s announcement dated 24 September 2012 (“Announcement”).

HwangDBS Investment Bank Berhad, on behalf of the Board, wishes to announce that the following applications have been submitted to Bursa Securities on 27 September 2012:

(a)������������ initial listing application for the listing of the Warrants pursuant to the Proposed Rights Issue of Warrants; and

(b)������������ additional listing application for the listing of such number of new KSTB Shares to be issued pursuant to exercise of the Warrants.

This announcement is dated 27 September 2012.



KEINHIN - Quarterly rpt on consolidated results for the financial period ended 31/7/2012

Announcement Type: Financial Results
Company NameKEIN HING INTERNATIONAL BERHAD  
Stock Name KEINHIN  
Date Announced27 Sept 2012  
CategoryFinancial Results
Reference NoCC-120924-59891

Financial Year End30/04/2013
Quarter1
Quarterly report for the financial period ended31/07/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/07/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/07/2012
31/07/2011
31/07/2012
31/07/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
38,357
46,222
38,357
46,222
2Profit/(loss) before tax
814
4,819
814
4,819
3Profit/(loss) for the period
707
3,789
707
3,789
4Profit/(loss) attributable to ordinary equity holders of the parent
122
3,428
122
3,428
5Basic earnings/(loss) per share (Subunit)
0.12
3.46
0.12
3.46
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8900
0.8900
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


DESTINI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameDESTINI BERHAD  
Stock Name DESTINI  
Date Announced27 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120927-65726

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDESTINI BERHAD (FORMERLY KNOWN AS SATANG HOLDINGS BERHAD) ("DESTINI" or "THE COMPANY")
- Acquisition of Shares in System Enhancement Resources & Technologies Sdn Bhd

Reference is made to the Company’s announcements dated 7 March 2012 and 9 March 2012 respectively.

The Board of Directors of Destini Berhad (formerly known as Satang Holdings Berhad) (“Destini” or “the Company”) is pleased to announce that the Sale and Purchase Agreement in respect of the acquisition of 1,750,000 ordinary shares of RM1.00 each in System Enhancement Resources & Technologies Sdn Bhd (“SERT”), representing 50% of the total issued and paid up capital of SERT has been duly completed.


This announcement is dated 27 September 2012.



DESTINI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameDESTINI BERHAD  
Stock Name DESTINI  
Date Announced27 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120927-88BFE

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDESTINI BERHAD (FORMERLY KNOWN AS SATANG HOLDINGS BERHAD) ("DESTINI" or "THE COMPANY")
- Proposed Disposal of Two (2) Storey Terrace Factory by Destini Prima Sdn Bhd (Formerly known as Satang Jaya Sdn Bhd), a Wholly-Owned Subsidiary of the Company

Reference is made to the Company’s announcements dated 30 April 2012 and 9 May 2012 respectively.

The Board of Directors of Destini Berhad (formerly known as Satang Holdings Berhad) (“Destini” or “the Company”) is pleased to announce that the Sale and Purchase Agreement in respect of the disposal of the two (2) storey terrace factory at No. 29, Jalan Tiara 5, Bandar Baru Klang, 41150 Klang, Selangor Darul Ehsan by Destini Prima Sdn Bhd (formerly known as Satang Jaya Sdn Bhd), a wholly-owned subsidiary of the Company has been duly completed.


This announcement is dated 27 September 2012.



ARANK - Quarterly rpt on consolidated results for the financial period ended 31/7/2012

Announcement Type: Financial Results
Company NameA-RANK BERHAD  
Stock Name ARANK  
Date Announced27 Sept 2012  
CategoryFinancial Results
Reference NoCK-120926-059D6

Financial Year End31/07/2012
Quarter4
Quarterly report for the financial period ended31/07/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/07/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/07/2012
31/07/2011
31/07/2012
31/07/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
103,728
121,644
400,433
421,010
2Profit/(loss) before tax
2,030
2,232
7,831
8,046
3Profit/(loss) for the period
1,928
2,092
7,206
7,082
4Profit/(loss) attributable to ordinary equity holders of the parent
1,928
2,092
7,206
7,082
5Basic earnings/(loss) per share (Subunit)
2.41
2.62
9.01
8.85
6Proposed/Declared dividend per share (Subunit)
0.03
0.03
0.03
0.03


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8200
0.7600
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


UMSNGB - General Announcement

Announcement Type: General Announcement
Company NameUMS-NEIKEN GROUP BERHAD  
Stock Name UMSNGB  
Date Announced27 Sept 2012  
CategoryGeneral Announcement
Reference NoCA-120927-57437

TypeAnnouncement
SubjectOTHERS
DescriptionUMS-NEIKEN GROUP BERHAD (“UMSN”) or (“the Company”)
- Acquisition of Wholly-Owned Subsidiary, UMS-Neiken Industry Sdn Bhd

The Board of Directors of UMSN wishes to announce that the Company had on 27 September 2012 acquired the entire issued and paid-up share capital of RM100,000.00 comprising 100,000 ordinary shares of RM1.00 each for a total consideration of RM100,000.00 in UMS-Neiken Industry Sdn Bhd (Company No: 1009578-P) (“UMSI”) having its registered office at Lot 5 Batu 17�, Jalan Ipoh, Rawang Industrial Estate, 48000 Rawang, Selangor Darul Ehsan.

UMSI was incorporated on 12 July 2012 under the Companies Act, 1965 with an authorised share capital of RM100,000.00 comprising 100,000 ordinary shares of RM1.00 each which have been issued and fully paid-up. The principal activity of UMSI is trading, import and re-export of all electrical related products but presently, it is dormant.

None of the Directors and/or substantial shareholders or persons connected to the Directors and/or substantial shareholders has any interest, direct or indirect, in the above transaction.

This announcement is dated 27 September 2012.



SCNWOLF - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameSCANWOLF CORPORATION BERHAD  
Stock Name SCNWOLF  
Date Announced27 Sept 2012  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCI-120926-31D6B

Date of buy back from18/09/2012
Date of buy back to19/09/2012
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)20,000
Minimum price paid for each share purchased ($$)0.300
Maximum price paid for each share purchased ($$)0.300
Total amount paid for shares purchased ($$)6,088.80
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)20,000
Total number of shares retained in treasury (units)4,578,000
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies27/09/2012
Lodged by TRICOR CORPORATE SERVICES SDN. BHD.


WZSTEEL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameWZ STEEL BERHAD  
Stock Name WZSTEEL  
Date Announced27 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120822-39597

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionWZ STEEL BERHAD ("WZ" OR "THE COMPANY")

PROPOSED DISPOSAL BY WENG ZHENG SDN. BHD. ("WZSB"), A WHOLLY-OWNED SUBSIDIARY OF WZ STEEL BERHAD (WZ), OF A FREEHOLD LAND HELD UNDER INDIVIDUAL TITLE NO. H.S.(M) 20631, LOT NO. PT 56318, MUKIM CERAS, DAERAH HULU LANGAT, NEGERI SELANGOR FOR A TOTAL CASH CONSIDERATION OF RM9,197,510.00 TO TANG YEOW WAH ("PROPOSED DISPOSAL")

The Board of Directors of WZ Steel Berhad (WZ) wishes to announce that on 27 September 2012, its wholly-owned subsidiary company, Weng Zheng Sdn. Bhd. (WZSB) (hereinafter referred to as "the Vendor") has entered into a Sale and Purchase Agreement (SPA) with Tang Yeow Wah (hereinafter referred to as "the Purchaser") for the proposed disposal of the abovementioned land owned by WZSB for a cash consideration of RM9,197,510.00 subject to the terms and conditions as contained in the SPA ("Proposed Disposal").

Please refer to the attachment for the details of the Proposed Disposal.

This announcement is dated 27 September 2012.

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