October 3, 2012

Company announcements: FRONTKN, FBMKLCI-EA, MYETFDJ, GENP, IJM, BJCORP, DBHD, NICORP

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

Announcement Type: General Announcement
Company NameFRONTKEN CORPORATION BERHAD  
Stock Name FRONTKN  
Date Announced3 Oct 2012  
CategoryGeneral Announcement
Reference NoCP-121003-DCA5E

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionProposed Disposal of the Entire Equity Interest in Metall-Treat Industries Pte Ltd

We refer to our announcement on 28 September 2012. The Board of Directors of Frontken Corporation Berhad wishes to announce the following:-

1)��� The date that the Deposit was paid by Malayan Daching Co. Pte Ltd, was 2 August 2012.

2)��� The breakdown of the utilization of proceeds earmarked for working capital of� RM8,613,000 is:-
(a)�� Operating expenses : RM1.363 million
(b)�� Salary: RM3.25 million
(c)�� Repayment of trade and other payable : RM4 million

3)��� The total borrowings as at 31 August 2012 was RM79.538 million. Subsequent to the repayment of the short term loan of RM10.014 million, the net Group borrowings will be reduced to� RM69.524 million and the annual savings in interest payment is approximately RM207,000.

4)��� Approximately 2.5 million ordinary shares at SGD1 each will be subscribed by Frontken (Singapore) Pte Ltd in Metall-Treat Industries Pte Ltd to be used to repay its loan.


This announcement is dated 3 October 2012.



FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced3 Oct 2012  
CategoryGeneral Announcement
Reference NoFB-121003-9C627

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 03 October 2012

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.6884
Units in circulation (units): 2,508,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,649.75

Attachments

FBM KLCI etf 20121003.xls
21 KB



MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced3 Oct 2012  
CategoryGeneral Announcement
Reference NoMD-121003-63816

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 03-10-2012
Fund:MYETFDJ
NAV per unit (RM):1.1077
Units in Circulation (units):267,900,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index:982.84

Attachments

Daily Fund Values 031012.pdf
55 KB



GENP - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGENTING PLANTATIONS BERHAD  
Stock Name GENP  
Date Announced3 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGP-121003-226D9

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF 50 SEN EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
LEVEL 42, MENARA CITIBANK,
165 JALAN AMPANG,
50450 KUALA LUMPUR [Disposal]

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (CIMB PRI)
LEVEL 42, MENARA CITIBANK,
165 JALAN AMPANG,
50450 KUALA LUMPUR [Disposal]

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed28/09/2012
89,800
 
Disposed28/09/2012
42,900
 

Circumstances by reason of which change has occurredDISPOSALS
Nature of interestDIRECT
Direct (units) 
Direct (%)15.14 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change114,875,800
Date of notice01/10/2012

Remarks :
Form 29B dated 1 October 2012 was received on 3 October 2012.


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

Announcement Type: General Announcement
Company NameGENTING PLANTATIONS BERHAD  
Stock Name GENP  
Date Announced3 Oct 2012  
CategoryGeneral Announcement
Reference NoGP-121003-7FAB7

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED JOINT VENTURE FOR THE DEVELOPMENT AND CULTIVATION OF OIL PALM PLANTATION OF APPROXIMATELY 74,000 HECTARES LOCATED AT KABUPATEN KAPUAS AND BARITO SELATAN, KALIMANTAN TENGAH, REPUBLIC OF INDONESIA (“PROPOSED JV”)

We refer to our announcements dated 13 April 2012 and 5 July 2012 in respect of the Proposed JV. All abbreviations used herein shall be the same as those previously used in the aforesaid announcements unless otherwise specified.

Genting Plantations Berhad (“GENP”) wishes to announce that as at 1 October 2012, all conditions precedent have been fulfilled except for the completion of Conditional SPA entered into between Universal Agri Investment Pte Ltd (“UAI”), a subsidiary of Global Agripalm Investment Holdings Pte Ltd (“JV Co”), and affiliates of the Vendor on 30 March 2012 for UAI to acquire 95% equity interest of PT Globalindo Sawit Lestari (“PTGSL”). The completion of the Conditional SPA has been extended to not later than 28 March 2013.As such, the Proposed Acquisition and Subscription through Sunyield Success Sdn Bhd (“Purchaser”), a wholly-owned subsidiary of GENP, has become unconditional.

The JV Co will become a 63.2% subsidiary of GENP upon completion of the transfer and issuance of shares to Purchaser on 8 October 2012.

As announced on 13 April 2012, the total Purchase Price and Subscription Price of up to USD116,000,000 was arrived at based on willing-buyer willing-seller basis as well as future earnings and cash flows potential of JV Co and its subsidiaries. The Purchase Price is subject to adjustments depending on the size of planted and plantable area, prevailing stage and conditions of planting and any outstanding third party liabilities (“Adjustments”).

The total Purchase Price and Subscription Price to be paid on 8 October 2012 will be USD72,970,676 based on the planted and plantable area and after Adjustments.

The information on the Izin Lokasi and planted area is set out below:

Holding company

GAI

APAI

SEAAI

Total

Indonesia subsidiary held

PTGAL

PTGMAL

PTGIL

Izin Lokasi (ha)

*34,270

13,461

14,756

62,487

Planted area (ha)

-Inti

^14,018

-

-

14,018

-Plasma

4,390

-

-

4,390

-Total

18,408

-

-

18,408

Notes:

^������������� Excluding 400ha which is unsuitable following the due diligence exercise.��������

*���������������� The area in the Izin Lokasi has been extended from 29,850 hectares to 34,270 hectares

In addition to the planted area achieved todate, Global Agrindo Investment Company Limited (“Vendor”) undertakes to deliver an additional planted area of 2,982 ha (“Additional Planted Area”) and to procure the necessary permits to facilitate the fulfillment of conditions precedent of the Conditional SPA not later than 28 March 2013. As announced on 13 April 2012, the Conditional SPA is to acquire 95% equity interest of PTGSL, which is expected to own an estimated land area of 16,323 hectares. An additional purchase price of up to USD19,000,000 (“Additional Purchase Price”) will be paid upon delivery of Additional Planted Area. The Additional Purchase Price is subject to similar Adjustments.

Further announcement on the completion of Conditional SPA and fulfilment of Additional Planted Area will be made in due course.

This announcement is dated 3 October 2012.



IJM - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced3 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-121003-15336

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.Not Applicable
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 Each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd, Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired28/09/2012
258,500
 
Disposed28/09/2012
500,000
 
Disposed28/09/2012
1,312,600
 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Direct (units)226,560,889 
Direct (%)16.398 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change226,560,889
Date of notice03/10/2012

Remarks :
Re : Form 29B dated 1 October 2012.


IJM - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced3 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-121003-D150B

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 Each
Name & address of registered holderNomura Asset Management Sdn Bhd, Suite 25.3, Level 25, Menara IMC, Letter Box. 66, No.8, Jalan Sultan Ismail, 50250 Kuala Lumpur.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/09/2012
174,100
 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Direct (units)88,788,480 
Direct (%)6.426 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change88,788,480
Date of notice03/10/2012

Remarks :
Re : Form 29B dated 2 October 2012.


BJCORP - General Announcement

Announcement Type: General Announcement
Company NameBERJAYA CORPORATION BERHAD  
Stock Name BJCORP  
Date Announced3 Oct 2012  
CategoryGeneral Announcement
Reference NoBC-121003-54186

TypeAnnouncement
SubjectOTHERS
DescriptionINCORPORATION OF A NEW SUBSIDIARY COMPANY
The Board of Directors of Berjaya Corporation Berhad ("BCorp") is pleased to announce that Berjaya Higher Education Sdn Bhd, a subsidiary of BCorp, has on 1 October 2012 incorporated a 100%-owned subsidiary under the name of Berjaya Culinary Academy Sdn Bhd ("BCASB"). Berjaya Higher Education Sdn Bhd is the operator of Berjaya University College of Hospitality (“Berjaya UCH”).
BCASB, which was incorporated in Malaysia, has an issued share capital of RM2 comprising 2 ordinary shares of RM1.00 each. The intended principal activity of BCASB is to establish, manage and administer a non-profit Academy of Bocuse d’Or Malaysia. The academy will select a Malaysian representative and thereafter, to train him for the Bocuse d’Or competition. The Bocuse d’Or is a most sought after prize for chefs around the globe and the most prestigious culinary competition in the world. It was founded by culinary legend, Mr. Paul Bocuse, and the contest takes place in Lyon, France, every two years, since 1987.

Berjaya UCH’s involvement in the academy will allow it to expose its students to the demands and skills of master chefs in the field of culinary arts. Further, by working closely with Bocuse d’Or, Berjaya UCH will be able to gain valuable experience in the field of the culinary arts.

The incorporation of BCASB does not have any effect on the consolidated earnings and net assets of BCorp.

None of the Directors and substantial shareholders of BCorp and/or persons connected to them has any interest, direct or indirect, with the incorporation of BCASB.


DBHD - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameDAMANSARA REALTY BHD  
Stock Name DBHD  
Date Announced3 Oct 2012  
CategoryGeneral Announcement
Reference NoMM-121003-39225

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionDAMANSARA REALTY BERHAD (“DBhd” OR “COMPANY”)

(I) PROPOSED ACQUISITION OF APPROXIMATELY 75.00% EQUITY INTEREST IN HC DURACLEAN SDN BHD;

(II) PROPOSED ACQUISITION OF 100.00% EQUITY INTEREST IN METRO PARKING (M) SDN BHD (“METRO PARKING”);

(III) PROPOSED ACQUISITION OF 75.00% EQUITY INTEREST IN TMR URUSHARTA (M) SDN BHD (“TMR URUSHARTA”);

(IV) PROPOSED SETTLEMENT OF OUTSTANDING AMOUNTS OWING BY METRO PARKING; AND

(V) PROPOSED REDEMPTION OF REDEEMABLE UNSECURED LOAN STOCKS BY TMR URUSHARTA

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcement dated 9 May 2012 in relation to the Proposals.)

We refer to the announcements dated 9 May 2012, 18 May 2012, 25 May 2012 and 25 June 2012 in relation to the Proposals.

On behalf of the Board of Directors of DBhd, CIMB is pleased to announce that all conditions precedent as stipulated in the relevant agreements entered into for the Proposals have been fulfilled, following the consent from a creditor of Metro Parking group vide its letter dated 28 September 2012 (which was received on 2 October 2012).Accordingly, the Proposals have become unconditional.

This announcement is dated3 October 2012.



NICORP - Changes in Sub. S-hldr's Int. (29B) - Datuk Raymond Chan Boon Siew

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameNAIM INDAH CORPORATION BERHAD  
Stock Name NICORP  
Date Announced3 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-121003-63548

Particulars of substantial Securities Holder

NameDatuk Raymond Chan Boon Siew
AddressG-600A, Grd Floor, 1Borneo Hypermall, Jalan Sulaman, 88400 Kota Kinabalu, Sabah
NRIC/Passport No/Company No.720814-08-6161
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.20 each
Name & address of registered holderDatuk Raymond Chan Boon Siew
G-600A, Grd Floor, 1Borneo Hypermall, Jalan Sulaman, 88400 Kota Kinabalu, Sabah

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/10/2012
3,000,000
0.203 

Circumstances by reason of which change has occurredAcquisition through open market
Nature of interestDirect
Direct (units)70,614,200 
Direct (%)10.06 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change70,614,200
Date of notice03/10/2012


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