October 23, 2012

Company announcements: CCK, PA, PWROOT, KEN, QUALITY, AWC, AJIYA, HAIO, POLY

CCK - Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameCCK CONSOLIDATED HOLDINGS BERHAD  
Stock Name CCK  
Date Announced23 Oct 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-121018-58806

EX-date10/12/2012
Entitlement date12/12/2012
Entitlement time05:00:00 PM
Entitlement subjectFinal Dividend
Entitlement descriptionFinal Single-tier dividend of 4 sen
Period of interest payment to
Financial Year End30/06/2012
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 noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House,
Block D13, Pusat Dagangan Dana 1,
Jalan PJU 1A/46,
47301 Petaling Jaya,
Selangor Darul Ehsann.
Tel. No.: 03-78418000
Payment date 28/12/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers12/12/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.04

Remarks :
The payment of this final dividend is subject to the shareholders' approval at the forthcoming Annual General Meeting.


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

Announcement Type: General Announcement
Company NameCCK CONSOLIDATED HOLDINGS BERHAD  
Stock Name CCK  
Date Announced23 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121022-31326

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionSALE AND PURCHASE AGREEMENT BETWEEN FARM LAND SUPPLIES & VETERINARY SERVICES SDN. BHD. AND KUOTAI DEVELOPMENT SDN. BHD. IN RELATION TO PURCHASE OF INDUSTRIAL BUILDING

Introduction

The Board of Directors of CCK Consolidated Holdings Berhad (“CCB” or “the Company”) wishes to announce that a wholly owned subsidiary, Farm Land Supplies & Veterinary Services Sdn. Bhd. (“Farm Land”) has entered into a Sale and Purchase Agreement with a related party, Kuotai Development Sdn. Bhd. (“Kuotai”) to purchase a unit of 2-storey semi-detached industrial building described as Sublot 44 (Survey Lot 2404) Type D measuring an area of 553.2 square metres, more or less, comprised in Parent Lots 84 & 224 Block 233 Kuching North Land District (“Building”) for normal business operation at a purchase consideration of RM700,000 (“Acquisition”).

Business carried on by Kuotai

Kuotai was incorporated on 10 February 1982 and is principally engaged in housing development.

Datuk Tiong Su Kouk, Datin Wong Bak Hee, Tiong Chiong Hiiung and Wong See Wei are the Directors of Kuotai.

The Substantial Shareholders of Kuotai together with their shareholdings are as follows:

%

S.K. Tiong Enterprise Sdn. Bhd.

79.88

Unione Enterprise (S) Sdn. Bhd.

��6.89

Nature and extent of interests of Directors and Major Shareholders

S. K. Tiong Enterprise Sdn. Bhd. is a major shareholder of CCB and a substantial shareholder of Kuotai.

Datuk Tiong Su Kouk is a director of CCB and Kuotai.He is also a major shareholder of CCB by virtue of his substantial shareholdings in CCB via S. K. Tiong Enterprise Sdn. Bhd.

Tiong Chiong Hiiung is a director of CCB and Kuotai.

Lau Liong Kii is a director of CCB and also is a substantial shareholder of Kuotai.

Saved for S. K. Tiong Enterprise Sdn. Bhd., Datuk Tiong Su Kouk, Tiong Chiong Hiiung and Lau Liong Kii, none of the directors and major shareholders and persons connected with them has any interest, direct or indirect, in the Acquisition.

Description of industrial building

The Building is located at Batu Kitang Light Industrial Park at 9th Mile, Batu Kitang Road, Kuching, constructed of reinforced concrete/steel structures, concrete floors, bricks/cement rendered external walls and pitched roof of spandek roofing sheets.

The suburban land/mixed zone land is leasehold land and the expiry date of the lease is 31 December 2038.

The approximately land area of the building is 553.20 square metres with gross built up and net useable areas of 311.32 square metres and 241.88 square metres respectively.

The building will be used as office and storeroom.

Purchase consideration sum

The purchase consideration sum of RM700,000, free from all legal encumbrances, was arrived at willing buyer willing seller basis after taking into consideration the valuation report done by VPC Alliance (Sarawak) Sdn. Bhd. on 17 August 2012. The basis of valuation is the Market Value. The market value was determined by Comparative Method by comparing the Building with similar properties that were sold recently and those that are currently being offered for sale in the vicinity.

The purchase consideration sum of RM700,000 was funded by utilising the Company’s internally generated funds, to be paid to Kuotai at the times and in the manner as follows:

(a)���� A sum of RM70,000 (10%) upon signing of the Sale and Purchase Agreement as deposit or by way of part payment of the said purchase price.

(b)���� The balance of the said purchase price in the sum of RM595,000 (85%) shall be paid to Koutai within a period of four (4) calendar months from the date of execution of the Sale and Purchase Agreement.

(c)���� The balance of RM35,000 (5%) shall be paid to Kuotai upon the issuance of separate document of title and the execution of Memorandum of Transfer.

Salient features of agreement

No other salient features in the Sale and Purchase Agreement besides the times and manner of settlement of the purchase consideration sum mentioned above.

Percentage ratio

The highest percentage ratio applicable to the Acquisition pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements is 0.83%.

Effect of the Acquisition

The Acquisition is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of the Company.

Liabilities

There is no liability, including contingent liability and guarantee to be assumed by the Company, arising from the Acquisition.

Approval required and estimated time frame to complete the transaction

The Acquisition is not subject to the approval of shareholders of the Company and the relevant government authorities.The terms of the transaction were agreed upon on 23 October 2012. The Acquisition is estimated to be completed by December 2012.

Rationale for the Acquisition and Prospects��

The Acquisition is for normal business operation.The Building is located at the centre of veterinary service products supply and it is convenient for contract farmers to collect veterinary products.CCB is of the view that the location of the Building can generate better revenue and profit.��

Risks of the Acquisition

The Board of Directors is not aware of any risk arising from the Acquisition.

Statement of Audit Committee

The Audit Committee has considered all aspects of the transaction and is of the opinion that the transaction is in the best interest of the Company, fair, reasonable and on normal commercial terms and not detrimental to the interest of the minority shareholders.

The Company has no transaction with the same related party during the preceding 12 months.

Statements by Directors

The Board of Directors of the Company, saved for Datuk Tiong Su Kouk, Tiong Chiong Hiiung and Lau Liong Kii, having considered all aspects of the Acquisition, is of the opinion that the Acquisition is in the best interest of the Company and not detrimental to the interest of the minority shareholders.

The interested director, Datuk Tiong Su Kouk, Tiong Chiong Hiiung and Lau Liong Kii, has abstained from deliberating and voting on the relevant resolution at the board meeting.

Time and place where such documents may be inspected

The Sale and Purchase Agreement and valuation report are available for inspection at the registered office of the Company at Lot 999, Section 66, Jalan Keluli, Bintawa Industrial Estate, 93450 Kuching, Sarawak, Malaysia from Monday to Friday (except public holidays) during business hours, within three (3) months from the date of this announcement.

This announcement is dated 23 October 2012.



PA - OTHERS ACQUISITION OF NEW SUBSIDIARY, P.A. SOLAR ENERGY SDN. BHD. BY P.A. EXTRUSION (M) SDN BHD, A WHOLLY OWNED SUBSIDIARY OF P.A. RESOURCES BERHAD ("the Company")

Announcement Type: General Announcement
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced23 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121003-50440

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF NEW SUBSIDIARY, P.A. SOLAR ENERGY SDN. BHD. BY P.A. EXTRUSION (M) SDN BHD, A WHOLLY OWNED SUBSIDIARY OF P.A. RESOURCES BERHAD ("the Company")
The Company wishes to announce that its wholly owned subsidiary, P.A. Extrusion (M) Sdn Bhd has acquired 2 ordinary shares of RM1.00 each representing 100% of the entire and issued paid capital of P.A. Solar Energy Sdn. Bhd. for cash at par.
This announcement is dated 23 October 2012.


PWROOT - Changes in Sub. S-hldr's Int. (29B) - Koperasi Permodalan FELDA Malaysia Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced23 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-121023-FBAF9

Particulars of substantial Securities Holder

NameKoperasi Permodalan FELDA Malaysia Berhad
AddressBlok J, Anjung Felda,
Jalan Maktab,
54000 Kuala Lumpur
NRIC/Passport No/Company No.KoopNegaraNo39
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderKoperasi Permodalan FELDA Malaysia Berhad
Blok J, Anjung Felda,
Jalan Maktab,
54000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/10/2012
60,000
1.040 

Circumstances by reason of which change has occurredSell of Shares
Nature of interestDirect
Direct (units)48,812,100 
Direct (%)16.27 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change48,752,100
Date of notice23/10/2012

Remarks :
a) The above disposal represented 0.020% of the total issued and fully paid-up share capital of the Company.


KEN - 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 NameKEN HOLDINGS BERHAD  
Stock Name KEN  
Date Announced23 Oct 2012  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCS-121022-55068

Date of buy back from18/10/2012
Date of buy back to18/10/2012
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)2,000
Minimum price paid for each share purchased ($$)1.260
Maximum price paid for each share purchased ($$)1.260
Total amount paid for shares purchased ($$)2,563.76
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)2,000
Total number of shares retained in treasury (units)6,083,700
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies23/10/2012
Lodged by T & S Secretarial Services Sdn. Bhd.


QUALITY - Changes in Sub. S-hldr's Int. (29B) - Dato' Wee Song Ching

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameQUALITY CONCRETE HOLDINGS BERHAD  
Stock Name QUALITY  
Date Announced23 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-121023-37760

Particulars of substantial Securities Holder

NameDato' Wee Song Ching
AddressNo. 248 Jalan Seladah 93350 Kuching Sarawak
NRIC/Passport No/Company No.570818-13-5767
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderAmSec Nominees (Tempatan) Sdn Bhd
Pledged Securities Account For Wee Song Ching

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/10/2012
175,000
 

Circumstances by reason of which change has occurredAcquired from market
Nature of interestDirect
Direct (units)3,723,300 
Direct (%)6.42 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change3,723,300
Date of notice23/10/2012


AWC - OTHERS AWC BERHAD ("AWC" OR "THE COMPANY") I. PROPOSED RENEWAL OF THE AUTHORITY FOR SHARE BUY-BACK BY THE COMPANY II. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY

Announcement Type: General Announcement
Company NameAWC BERHAD  
Stock Name AWC  
Date Announced23 Oct 2012  
CategoryGeneral Announcement
Reference NoCM-121022-57796

TypeAnnouncement
SubjectOTHERS
DescriptionAWC BERHAD ("AWC" OR "THE COMPANY")
I. PROPOSED RENEWAL OF THE AUTHORITY FOR SHARE BUY-BACK BY THE COMPANY
II. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY

The Board of Directors of AWC wishes to announce that the Company proposes to seek the approval of its shareholders for the following proposals at the forthcoming Eleventh Annual General Meeting of the Company:-

I. Proposed renewal of the authority for the Company to purchase its own shares of up to ten percent (10%) of the total issued and paid-up ordinary share capital of the Company�; and

II.� Proposed amendments to the Articles of Association of the Company to be in line with the amendments to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

A Statement to Shareholders containing the details of the above proposal I above will be despatched to shareholders together with the Company’s 2012 Annual Report in due course.

This announcement is dated 23 October 2012.



AJIYA - Quarterly rpt on consolidated results for the financial period ended 31/8/2012

Announcement Type: Financial Results
Company NameAJIYA BERHAD  
Stock Name AJIYA  
Date Announced23 Oct 2012  
CategoryFinancial Results
Reference NoCC-121023-38503

Financial Year End30/11/2012
Quarter3
Quarterly report for the financial period ended31/08/2012
The figureshave not been audited

Attachments

ab-aug'12.XLS
52 KB

notes-aug'12.doc
60 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/08/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/08/2012
31/08/2011
31/08/2012
31/10/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
92,248
86,337
279,049
268,055
2Profit/(loss) before tax
6,949
5,132
22,140
22,675
3Profit/(loss) for the period
5,040
3,548
16,939
18,514
4Profit/(loss) attributable to ordinary equity holders of the parent
3,498
2,732
12,644
13,601
5Basic earnings/(loss) per share (Subunit)
5.05
3.95
18.27
19.65
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 ($$)
3.2100
3.0700
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


HAIO - 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 NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced23 Oct 2012  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCP-121023-56506

Date of buy back from10/10/2012
Date of buy back to17/10/2012
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)19,800
Minimum price paid for each share purchased ($$)2.050
Maximum price paid for each share purchased ($$)2.080
Total amount paid for shares purchased ($$)41,142.04
The name of the stock exchange through which the shares were purchased BURSA MALAYSIA SECURITIES BERHAD
Number of shares purchased retained in treasury (units)19,800
Total number of shares retained in treasury (units)4,786,288
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies23/10/2012
Lodged by CORPORATE PARTNERS (ASIA) SDN. BHD. (490393-T)


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

Announcement Type: General Announcement
Company NamePOLY GLASS FIBRE (M) BERHAD  
Stock Name POLY  
Date Announced23 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121023-21D37

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to paragraph 14.08 of the Listing Requirements of the Bursa Malaysia Securities Berhad, this is to notify that POLY GLASS FIBRE (M) BHD ("the Company") has on 23 October 2012 received a notification dated 23 October 2012 from Mr. Fong Wah Kai, the Executive Director of the Company in relation to his indirect acquisition of 2,000 ordinary shares of RM1.00 each in the Company with details as follows:-

Date of Dealing: 22 October 2012

Consideration for the dealing: RM0.350 per share

Amount of securities acquired: 2,000 ordinary shares of RM1.00 each�

Percentage of securities acquired: 0%�

Total number of securities (%) held after acquisition are as follows: -

Direct:�6,798,800 (4.25%)

Indirect: 79,576,800 (49.74%)

Dated this 23rd day of October 2012



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