September 4, 2012

Company announcements: KELADI, PASDEC, CHUAN, BGYEAR, QL, MAGNI

KELADI - Changes in Sub. S-hldr's Int. (29B) - Gan Thian Chin

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKELADI MAJU BHD  
Stock Name KELADI  
Date Announced4 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCQ-120903-02203

Particulars of substantial Securities Holder

NameGan Thian Chin
Address47, Lorong Melayu, 416928 Singapore
NRIC/Passport No/Company No.S2044280H
Nationality/Country of incorporationSingaporean
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderGan Thian Chin
47, Lorong Melayu, 416928 Singapore

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired28/08/2012
5,500
 

Circumstances by reason of which change has occurredPurchase of shares via open market
Nature of interestDirect
Direct (units)5,500 
Direct (%)0.001 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change40,567,500
Date of notice30/08/2012

Remarks :
Total direct interest - 28,117,500 shares (after acquisition of 5,500 shares)
Total deemed interest of 12,450,000 shares via Enterlight Investment Pte Ltd (no change)

c.c. Securities Commission


PASDEC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePASDEC HOLDINGS BERHAD  
Stock Name PASDEC  
Date Announced4 Sept 2012  
CategoryGeneral Announcement
Reference NoPH-120903-59865

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPASDEC HOLDINGS BERHAD ("PASDEC" OR "Company")
- Claims Made By Genfemanco Management Company Pty. Ltd. ("Genfemanco")Against Pasdec Resources SA Limited ("PRSA") And Pasdec Automotive Technologies (Pty) Ltd. ("PAT"), Subsidiaries Of PASDEC
Plaintiff: Genfemanco
Defendants: PRSA (First Defendant) and PAT (Second Defendant)

Further to the disclosures made by the Company in Note 11 of the Financial Results announcements on 28 February 2012, 31 May 2012 and 29 August 2012, we wish to update that the Arbitration Appeal Tribunal had upheld the claims made by a former director of a subsidiary company of PRSA for 20% of profits of PAT between 1998 and 2003 plus 5 times average annual profit for 2001 and 2002 ("Claims") through Genfemanco as valid and thereafter in the Arbitration Court proceedings to determine the Claims payable held in end of August 2012 ,� the Plaintiff and Defendants had agreed to a Interim Arbitration Award by Consent before the Arbitrator.

Pursuant to the Arbitration Award by Consent, the First Defendant will pay to the Plaintiff a sum of ZAR35,000,000 as full and final settlement of the Claims in the following manner:-

(i) An amount of ZAR17,500,000 by 3 September 2012, which has been duly paid as at the date of this announcement.

(ii) The remaining balance of ZAR17,500,000 to be paid in equal interest free monthly instalments over 84 months commencing on 1 October 2012 and thereafter on the first business day of each succeeding month.

(iii) In the event the First Defendant fails to carry out its obligations within the period as specified in the Arbitration Award by Consent, the Plaintiff is entitled to either proceed with the payment of the full amount then outstanding in terms of the Award or proceed with the arbitration to determine the final Claims of which the Award will be deemed a provisional determination of the Claims.

Up to 30 June 2012, PASDEC Group has provided ZAR12,000,000 as damages with regards to the Claims in the financial statements. Pursuant to the Arbitration Award by Consent, the Group will provide another ZAR23,000,000 with regards to the Claims for the remaining period of the financial year ending 31 December 2012. The provision arising from the Arbitration Award by Consent is expected to have an impact on the financial results of the Group for the financial year ending 31 December 2012 but will� not have any material impact on the operations of the Group.




CHUAN - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameCHUAN HUAT RESOURCES BHD  
Stock Name CHUAN  
Date Announced4 Sept 2012  
CategoryChange Of Company Secretary
Reference NoCH-120904-2074C

Date of change04/09/2012
Type of changeResignation
DesignationSecretary
License no.LS0008906
NamePAN KOW BAH
Working experience and occupation during past 5 yearsCompany Secretary of a Secretarial firm

Remarks :
This announcement is dated 4 September 2012


CHUAN - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameCHUAN HUAT RESOURCES BHD  
Stock Name CHUAN  
Date Announced4 Sept 2012  
CategoryChange Of Company Secretary
Reference NoCH-120904-33916

Date of change04/09/2012
Type of changeAppointment
DesignationSecretary
License no.MAICSA 7006874
NameFOO SIEW LOON
Working experience and occupation during past 5 yearsDirector and Company Secretary of a Secretarial firm

Remarks :
This announcement is dated 4 September 2012


BGYEAR - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameBINA GOODYEAR BERHAD  
Stock Name BGYEAR  
Date Announced4 Sept 2012  
CategoryGeneral Announcement
Reference NoBG-120904-61759

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionBINA GOODYEAR BERHAD (“BGB” or “Company”)

SHAH ALAM HIGH COURT OF SUIT NO. NCVC-254-02/2012
BOON WAH AIR-CONDITIONING ENGINEERING SDN BHD (“BW”) Vs BINA GOODYEAR BERHAD (“BGB”)

Reference is made to the Company’s earlier announcement dated 21 May 2012, 22 May 2012 and 23 August 2012 in relation to the Suit.

The Company would like to update the Exchange that the High Court of Shah Alam has allowed the Plaintiff’s (BW) Summary Judgement application for the amount of RM274,942.31 and interest at the rate of 4% per annum on:-

����� (i)����������������� RM37,757.14 from 15/04/2006 till 04/09/2012

(ii)��������������� RM29,803.61 from 03/05/2006 till 04/09/2012

(iii)�������������� RM37,606.10 from 02/06/2006 till 04/09/2012

(iv)������������� RM12,719.50 from 08/07/2006 till 04/09/2012

(v)��������������� RM20,976.00 from 16/08/2006 till 04/09/2012; and

(vi)������������� RM136,079.96 from 18/07/2009 till 04/09/2012

This announcement is dated 4 September 2012.



QL - Changes in Director's Interest (S135) - Chia Song Kun

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced4 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoQR-120904-32935

Information Compiled By KLSE

Particulars of Director

NameChia Song Kun
AddressNo. 17, Jalan Kelab Golf 13/3, Seksyen 13, 40000 Shah Alam, Selangor.
Descriptions(Class & nominal value)Ordinary shares of 25 sen each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
03/09/2012
20,000
3.255 
Acquired
03/09/2012
2,000
3.250 
Acquired
04/09/2012
10,000
3.250 
Acquired
03/09/2012
5,000
3.250 
Acquired
03/09/2012
3,000
3.240 

Circumstances by reason of which change has occurredAcquisition of shares by Attractive Features Sdn. Bhd., his son, daughter and son-in-law.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)450,000 
Direct (%)0.05 
Indirect/deemed interest (units)383,384,998 
Indirect/deemed interest (%)46.08 
Date of notice04/09/2012

Remarks :
Pursuant to Paragraph 14.09(a) of Bursa Malaysia's Main Market Listing Requirements, the number of securities traded of 40,000 ordinary shares is 0.005% of the Company's total issued and paid-up share capital of 832,001,798 ordinary shares.


QL - Changes in Sub. S-hldr's Int. (29B) - Chia Song Kun

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced4 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoQR-120904-37649

Particulars of substantial Securities Holder

NameChia Song Kun
AddressNo. 17, Jalan Kelab Golf 13/3, Seksyen 13, 40000 Shah Alam, Selangor.
NRIC/Passport No/Company No.491208-10-6007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Warrant 2011/2013
Name & address of registered holderAttractive Features Sdn. Bhd.
No. 16A, Jalan Astaka U8/83, Bukit Jelutong, 40150 Shah Alam, Selangor.

Chia Soo Khee
No. 17, Jalan 13/3, Green Hill KGSAAS, Seksyen 13, 40100 Shah Alam, Selangor.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/08/2012
35,000
0.220 
Disposed03/09/2012
70,000
0.211 
Disposed04/09/2012
45,000
0.218 

Circumstances by reason of which change has occurredDisposal of warrants by Attractive Features Sdn. Bhd. and his son.
Nature of interestIndirect
Direct (units)22,500 
Direct (%)0.05 
Indirect/deemed interest (units)18,853,905 
Indirect/deemed interest (%)45.32 
Total no of securities after change18,876,405
Date of notice04/09/2012

Remarks :
Pursuant to Paragraph 14.09(a) of Bursa Malaysia's Main Market Listing Requirements, the number of securities traded of 150,000 warrants is 0.36% of the Company's total warrants of 41,598,202.


QL - Changes in Sub. S-hldr's Int. (29B) - Chia Song Kun

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced4 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoQR-120904-36228

Particulars of substantial Securities Holder

NameChia Song Kun
AddressNo. 17, Jalan Kelab Golf 13/3, Seksyen 13, 40000 Shah Alam, Selangor.
NRIC/Passport No/Company No.491208-10-6007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of 25 sen each
Name & address of registered holderAttractive Features Sdn. Bhd.
No. 16A, Jalan Astaka U8/83, Bukit Jelutong, 40150 Shah Alam, Selangor.

Chia Soo Khee
No. 17, Jalan 13/3, Green Hill KGSAAS, Seksyen 13, 40100 Shah Alam, Selangor.

Chia Juak Sui
17, Jalan 13/3, Green Hill KGSAAS, Seksyen 13, 40100 Shah Alam, Selangor.

Chung Eng Hong
4, Jalan Kasawari 6, Taman Eng Ann, 41150 Klang, Selangor.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/09/2012
20,000
3.255 
Acquired03/09/2012
2,000
3.250 
Acquired04/09/2012
10,000
3.250 
Acquired03/09/2012
5,000
3.250 
Acquired03/09/2012
3,000
3.240 

Circumstances by reason of which change has occurredAcquisition of shares by Attractive Features Sdn. Bhd., his son, daughter and son-in-law.
Nature of interestIndirect
Direct (units)450,000 
Direct (%)0.05 
Indirect/deemed interest (units)383,384,998 
Indirect/deemed interest (%)46.08 
Total no of securities after change383,834,998
Date of notice04/09/2012

Remarks :
Pursuant to Paragraph 14.09(a) of Bursa Malaysia's Main Market Listing Requirements, the number of securities traded of 40,000 ordinary shares is 0.005% of the Company's total issued and paid-up share capital of 832,001,798 ordinary shares.


QL - Changes in Director's Interest (S135) - Chia Song Kun

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced4 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoQR-120904-52273

Information Compiled By KLSE

Particulars of Director

NameChia Song Kun
AddressNo. 17, Jalan Kelab Golf 13/3, Seksyen 13, 40000 Shah Alam, Selangor.
Descriptions(Class & nominal value)Warrant 2011/2013

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
30/08/2012
35,000
0.220 
Disposed
03/09/2012
70,000
0.211 
Disposed
04/09/2012
45,000
0.218 

Circumstances by reason of which change has occurredDisposal of warrants by Attractive Features Sdn. Bhd. and his son.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)22,500 
Direct (%)0.05 
Indirect/deemed interest (units)18,853,905 
Indirect/deemed interest (%)45.32 
Date of notice04/09/2012

Remarks :
Pursuant to Paragraph 14.09(a) of Bursa Malaysia's Main Market Listing Requirements, the number of securities traded of 150,000 warrants is 0.36% of the Company's total warrants of 41,598,202.


MAGNI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameMAGNI-TECH INDUSTRIES BERHAD  
Stock Name MAGNI  
Date Announced4 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120904-35095

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings by a Director in the securities of Magni-Tech Industries Berhad ("Magni" or "the Company") during closed period.
In accordance with paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Tan Poay Seng, a Director of Magni had transacted dealings in the securities of Magni during closed period. The details as set out in the Table below.


Name of Director : Tan Poay Seng

Open market purchases
Date
Price
(RM per share)
No. of shares
acquired
% of shares
acquired
03.09.2012
1.488
11,500
0.01

This announcement is dated 04 September 2012.


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