September 14, 2012

Company announcements: LIONFIB, SALCON, PMETAL, MKLAND, EG, FRB, TSH

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

Announcement Type: General Announcement
Company NameLION FOREST INDUSTRIES BERHAD  
Stock Name LIONFIB  
Date Announced14 Sept 2012  
CategoryGeneral Announcement
Reference NoLF-120914-85728

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionProposed acquisition of Economic Land Concession in Cambodia
Reference is made to the announcements on 27 July 2011, 25 August 2011 and 29 August 2011. Unless otherwise, indicated, specified or defined (or re-defined as the case may be) in this announcement, the definitions in the announcement dated 27 July 2011, 25 August 2011 and 29 August 2011 shall apply throughout this announcement.
The Board of Directors of LFIB hereby announce that Harta Impiana Sdn Bhd (“Harta Impiana”), a wholly-owned subsidiary of LFIB, had on 14 September 2012 mutually agreed with Seng Enterprise Co., Ltd, (collectively referred to as “the Parties”), to cancel and terminate the Instruction Notices issued for Identified Lands for the benefit of the following Cambodian Plantation Companies (“Revoked Instructions”):-

Elite Image (Cambodia) Co., Ltd;
Radiant Elite (Cambodia) Co., Ltd;
Grand Ray (Cambodia) Co., Limited; and
Eminent Prosper (Cambodia) Co., Limited.

Pursuant to the Revoked Instructions, all rights and obligations of the Parties arising from the Instruction Notices shall immediately cease and terminate and thereafter none of the Parties shall have any rights against the other.

The relevant escrow account created for the Land Cost Service Fees on behalf of the above Cambodian Plantation Companies shall be closed and such escrow funds be released back to Harta Impiana.
The Parties further agreed that Harta Impiana shall not be required to issue any further Instruction Notice under the Master Agreement. For the avoidance of doubt, the terms and conditions for the Master Agreement shall remain effective in respect of the following Cambodian Plantation Companies:-

Distinct Harvest (Cambodia) Co., Ltd;
Eminent Elite (Cambodia) Co., Limited;
Green Choice (Cambodia) Co., Limited;
Ultra Strategy (Cambodia) Co., Ltd;
Classy Elite (Cambodia) Co., Limited; and
Elite Harvest (Cambodia) Co., Limited.

The Revoked Instructions are due to issues relating to resettlement of villagers on the Identified Lands.

There is no financial impact to the LFIB Group pursuant to the Revoked Instruction in terms of the effect on earnings per share and net asset per share.

To-date, Harta Impiana has obtained the approval from the Office of the Council of Ministers to grant the Identified Lands as ELC to the following Cambodian Plantation Companies:-

Distinct Harvest (Cambodia) Co., Ltd;
Eminent Elite (Cambodia) Co., Limited; and
Green Choice (Cambodia) Co., Limited.



SALCON - General Announcement

Announcement Type: General Announcement
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced14 Sept 2012  
CategoryGeneral Announcement
Reference NoCK-120912-39176

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF SHELF COMPANY

Salcon Berhad (“Salcon” or “the Company”) wishes to announce that Salcon Development Sdn. Bhd. (“SDSB”), a wholly-owned subsidiary of Salcon, had on 14 September 2012 acquired 2 Ordinary Shares of RM1.00 each, representing 100% equity interest in Nusantara Megajuta Sdn. Bhd. (Company No. 980648-A) (“NMSB”), a shelf company incorporated in Malaysia, for a total cash consideration of RM2.00 (“the Acquisition”). Subsequent to the Acquisition, NMSB shall become a wholly-owned subsidiary of SDSB, which in turn is a wholly-owned subsidiary of the Company.

NMSB was incorporated on 2 March 2012 in Malaysia. The authorised share capital of NMSB is RM100,000.00 comprising 100,000 Ordinary Shares of RM1.00 each while its issued share capital consists of 2 Ordinary Shares of RM1.00 each which have been fully paid. The intended principal activity of NMSB is property development.

The Acquisition will not have any significant effect on the earnings, gearing or net assets of Salcon Group for the financial year ending 31 December 2012. It will not have any effect on the share capital and substantial shareholders' shareholdings of the Company as well.

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the Acquisition.



PMETAL - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced14 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120914-042B1

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified on the change of his interest in the securities of the Company as set out in the table below:
Name of DirectorDate of AcquisitionNature of InterestNumber of ordinary shares
of RM0.50 each acquired
Percentage of issued shares acquired (%)
Koon Poh Tat12.09.2012Direct200,0000.04


PMETAL - Changes in Director's Interest (S135) - Koon Poh Tat

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced14 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-120914-04392

Information Compiled By KLSE

Particulars of Director

NameKoon Poh Tat
AddressNo. 20, Jalan 29, Taman Overseas Union, Off Jalan Kelang Lama, 58200 Kuala Lumpur, Malaysia.
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
12/09/2012
200,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)14,328,000 
Direct (%)3.09 
Indirect/deemed interest (units)499,522 
Indirect/deemed interest (%)0.11 
Date of notice14/09/2012

Remarks :
The direct interest in 14,328,000 ordinary shares of RM0.50 each are held as follows:

i) 3,766,000 ordinary shares of RM0.50 each in the name of Koon Poh Tat.
ii) 4,690,200 ordinary shares of RM0.50 each in the name of OSK Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Tat.
iii) 5,801,800 ordinary shares of RM0.50 each in the name of Alliancegroup Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Tat.
iv) 70,000 ordinary shares of RM0.50 each in the name of Public Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Tat.

The indirect interest in 499,522 ordinary shares of RM0.50 each are held as follows:
i) 399,522 ordinary shares of RM0.50 each by virtue of his spouse, Chan Hean Heoh's holdings.
ii) 100,000 ordinary shares of RM0.50 each by virtue of his son, Koon Pak Soon's holdings.


MKLAND - Changes in Sub. S-hldr's Int. (29B) - KASI A/L K L PALANIAPPAN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMK LAND HOLDINGS BERHAD  
Stock Name MKLAND  
Date Announced14 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-120914-7270F

Particulars of substantial Securities Holder

NameKASI A/L K L PALANIAPPAN
Address73A, Jalan 32/70A
1, Kiara Hills
Desa Sri Hartamas
50480 Kuala Lumpur
Wilayah Persekutuan
NRIC/Passport No/Company No.581025-10-6855
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderBank Muamalat Malaysia Berhad
Pledged Securities Account for Kasi A/L K.L Palaniappan
18th Floor Menara Bumiputra
Jalan Melaka
50100 Kuala Lumpur
Wilayah Persekutuan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/09/2012
720,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect interest
Direct (units)303,485,415 
Direct (%)25.19 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change303,485,415
Date of notice14/09/2012


MKLAND - Changes in Director's Interest (S135) - KASI A/L K L PALANIAPPAN

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMK LAND HOLDINGS BERHAD  
Stock Name MKLAND  
Date Announced14 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-120914-72700

Information Compiled By KLSE

Particulars of Director

NameKASI A/L K L PALANIAPPAN
Address73A, Jalan 32/70A
1, Kiara Hills
Desa Sri Hartamas
50480 Kuala Lumpur
Wilayah Persekutuan
Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
11/09/2012
720,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect iterest
Consideration (if any) 

Total no of securities after change

Direct (units)303,485,415 
Direct (%)25.19 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice14/09/2012


EG - 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 NameEG INDUSTRIES BERHAD  
Stock Name EG  
Date Announced14 Sept 2012  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoEI-120913-55679

Date of buy back from04/09/2012
Date of buy back to04/09/2012
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)6,000
Minimum price paid for each share purchased ($$)0.280
Maximum price paid for each share purchased ($$)0.290
Total amount paid for shares purchased ($$)1,772.32
The name of the stock exchange through which the shares were purchased BURSA MALAYSIA SECURITIES BERHAD
Number of shares purchased retained in treasury (units)6,000
Total number of shares retained in treasury (units)86,000
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies07/09/2012
Lodged by SYMPHONY CORPORATEHOUSE SDN BHD


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

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced14 Sept 2012  
CategoryGeneral Announcement
Reference NoFR-120914-42157

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionEXECUTION OF INVESTMENT AGREEMENT AND SHAREHOLDERS’ AGREEMENT

We refer to our announcements made on 10 September 2012 and 12 September 2012 in respect of the execution of Investment Agreement and Shareholders' Agreement (Announcements").

For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Announcements.

The Board of Directors of Formis Resources Berhad is pleased to announce that the acquisition of the Sale Shares and the subscription of the 1st Tranche of the Subscription Shares had been completed on 14 September 2012.

This announcement is dated 14 September 2012.



TSH - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced14 Sept 2012  
CategoryGeneral Announcement
Reference NoMB-120914-61306

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionTSH RESOURCES BERHAD (“TSH” OR “COMPANY”)

- DISCLOSURE REQUIREMENTS UNDER SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 (“CODE”)
Reference is made to the Company’s earlier announcements in relation to the Proposed Offer and the offer document dated 16 July 2012 which sets out the details, terms and conditions of the Proposed Offer (“Offer Document”). Unless otherwise defined, all capitalised terms used in this announcement shall have the same meaning ascribed to them in the Offer Document.
On behalf of the Board of Directors of TSH and the Joint Offerors, AmInvestment Bank Berhad wishes to announce that Bisa Jaya Sdn Bhd has dealt in Pontian Shares, details of which are attached herein.

This announcement is dated 14 September 2012.

Attachments

Press notice.pdf
46 KB



TSH - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced14 Sept 2012  
CategoryGeneral Announcement
Reference NoTR-120913-28D82

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a)of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has transacted dealing in the securities of the Company as set out in Table 1 hereunder.

This announcement is dated 14 September 2012.

Date of AcquisitionName of DirectorAverage Purchase Price Per Share (RM)Number of Shares% of Issued Shares
13.09.2012Datuk (Dr.) Kelvin Tan Aik Pen2.32426200,0000.02397
14.09.2012Datuk (Dr.) Kelvin Tan Aik Pen2.329200,0000.02397



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