October 24, 2012

Company announcements: GTRONIC, AMTEL, PADINI, LATEXX, TIGER, LTKM, POHUAT

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

Announcement Type: General Announcement
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced24 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121024-62019

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings by a Principal Officer in the securities of Globetronics Technology Bhd ("GTB" 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 Sim Gaik Lan, a Principal Officer of GTB had transacted dealings in the securities of GTB during closed period. The details as set out in the Table below.
Name of Principal Officer : Sim Gaik Lan

Open market disposals
Date
Price
(RM per share)
No. of shares
disposed
% of shares
disposed
23.10.2012
1.45
5,000
-

This announcement is dated 24 October 2012.


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

Announcement Type: General Announcement
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced24 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121023-53087

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings by a Principal Officer in the securities of Globetronics Technology Bhd ("GTB" 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 Sim Gaik Lan, a Principal Officer of GTB had transacted dealings in the securities of GTB during closed period. The details as set out in the Table below.
Name of Principal Officer : Sim Gaik Lan

Open market disposals
Date
Price
(RM per share)
No. of shares
disposed
% of shares
disposed
23.02.2012
1.45
5,000
-


This announcement is dated 24 October 2012.


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

Announcement Type: General Announcement
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced24 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121023-54977

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings by Directors in the securities of Globetronics Technology Bhd ("GTB" 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 Ng Kweng Chong and Ng Kok Khuan, the Directors of GTB had transacted dealings in the securities of GTB during closed period via Glencare Sdn Bhd in which they are deemed interested. The details as set out in the Tables below.

Name of Director : Ng Kweng Chong
Open market purchases by Glencare Sdn Bhd
Date
Price
(RM per share)
No. of shares
acquired
% of shares
acquired
23.10.2012
1.46
6,000
-

Name of Director : Ng Kok Khuan


Open market purchases by Glencare Sdn Bhd
Date
Price
(RM per share)
No. of shares
acquired
% of shares
acquired
23.10.2012
1.46
6,000
-

This announcement is dated 24 October 2012.


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

Announcement Type: General Announcement
Company NameAMTEL HOLDINGS BERHAD  
Stock Name AMTEL  
Date Announced24 Oct 2012  
CategoryGeneral Announcement
Reference NoAH-121024-52013

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionAMTEL HOLDINGS BERHAD (“AHB” or “Company”)
PROPOSED ACQUISITION OF PROPERTY BY METRARAMA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AHB FOR A TOTAL CASH CONSIDERATION OF RM15,000,000.00

We refer to our announcements made on 29 May 2012, 23 July 2012 and 30 August 2012 in relation to the proposed acquisition of property by Metrarama Sdn Bhd, a wholly-owned subsidiary of AHB for a total cash consideration of RM15,000,000.00 ("Proposed Acquisition").

The Board of Directors of AHB wishes to announce that the Proposed Acquisition has been completed on 24 October 2012.

This announcement is dated 24 October 2012.



PADINI - OTHERS • PROPOSED RENEWAL OF THE AUTHORITY FOR PADINI TO PURCHASE UP TO TEN PERCENT (10%) OF ITS ISSUED AND PAID-UP CAPITAL (“PROPOSED SHARE BUY-BACK”) • PROPOSED AMENDMENTS TO THE COMPANY’S ARTICLES OF ASSOCIATION (“PROPOSED AMENDMENTS OF ARTICLES OF ASSOCIATION”)

Announcement Type: General Announcement
Company NamePADINI HOLDINGS BERHAD  
Stock Name PADINI  
Date Announced24 Oct 2012  
CategoryGeneral Announcement
Reference NoCM-121023-43173

TypeAnnouncement
SubjectOTHERS
Description• PROPOSED RENEWAL OF THE AUTHORITY FOR PADINI TO PURCHASE UP TO TEN PERCENT (10%) OF ITS ISSUED AND PAID-UP CAPITAL (“PROPOSED SHARE BUY-BACK”)
• PROPOSED AMENDMENTS TO THE COMPANY’S ARTICLES OF ASSOCIATION (“PROPOSED AMENDMENTS OF ARTICLES OF ASSOCIATION”)

The Board of Directors of Padini Holdings Berhad (“the Company”) wishes to announce that the Company intends to seek the approval of its shareholders to undertake the following proposals at the forthcoming Annual General Meeting to be convened:

1.���� Proposed Share Buy-Back; and

2.���� Proposed Amendments of Articles of Association.

A Circular to Shareholders containing the information on the above proposals will be despatched to the shareholders in due course.



LATEXX - Notice of Interest Sub. S-hldr (29A) - GEK SENG ASSETS LTD

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameLATEXX PARTNERS BERHAD  
Stock Name LATEXX  
Date Announced24 Oct 2012  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCG-121024-139EB

Particulars of Substantial Securities Holder

NameGEK SENG ASSETS LTD
AddressAKARA BUILDING, 24 DE CASTRO STREET, WICKHAMS CAY 1, ROAD TOWN, TORTOLA BVI
NRIC/Passport No/Company No.377184
Nationality/Country of incorporationBRITISH VIRGIN ISLANDS
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderHSBC Nominees (Asing) Sdn Bhd
No. 2 Lebuh Ampang
50100 Kuala Lumpur

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired23/10/2012
No of securities21,888,700
Circumstances by reason of which Securities Holder has interestPurchase of shares
Nature of interestDeemed Interest
Price Transacted ($$)

Total no of securities after change

Direct (units)21,888,700 
Direct (%)9.837 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice23/10/2012


TIGER - PROPOSED DISPOSAL OF PROPERTY BY PEMBINAAN TERASIA SDN. BHD., (a wholly-owned subsidiary of TSB) TO EVERGREEN WAGON SDN. BHD.

Announcement Type: General Announcement
Company NameTIGER SYNERGY BERHAD  
Stock Name TIGER  
Date Announced24 Oct 2012  
CategoryGeneral Announcement
Reference NoCK-121024-7A5CF

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-121023-50075
SubjectPROPOSED DISPOSAL OF PROPERTY BY PEMBINAAN TERASIA SDN. BHD., (a wholly-owned subsidiary of TSB) TO EVERGREEN WAGON SDN. BHD.
DescriptionTIGER SYNERGY BERHAD ("TSB" or the "COMPANY")
PROPOSED DISPOSAL OF PROPERTY BY PEMBINAAN TERASIA SDN. BHD., (a wholly-owned subsidiary of TSB)
TO EVERGREEN WAGON SDN. BHD.
Query Letter Contents We refer to your announcement dated 19 October 2012 in respect of the aforesaid
matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1) To briefly describe the existing and proposed use of the Property, the terms
of the tenure, and whether the Property is a vacant land.
2) To state the outstanding Conditions Precedent and the expected completion
date of the "Principle Agreement" in Section 2.1.
3) To define and specify the "Completion Date".
4) To specify the item/subject that is to be returned in accordance with the
provisions mentioned under Section 2.2(iii)(c)(iii).
5) To include brief description of the properties mentioned under Section 2.4
and to tabulate the prevailing market value of the properties evaluated.
6) To state the date and the method/approach adopted in the market analysis.
7) To state the name of the substantial shareholders of the Purchaser and their
direct and indirect shareholdings in the Purchaser.
8) To clarify the party to whom Settlement of Balance of Purchase Price is to
be made under Section 5, as well as the details of the transaction.
9) To clarify the statement "To be paid by 18 October 2012" mentioned in
Section 5, in view that the Disposal of the Property will only be completed by
4th Quarter of year 2012 and the proceeds will only be received as per the
timeline stated in Section 2.2(ii).
10) To state the rationale for the Disposal.
11) To state the original cost of investment and the Net Book Value of the
Property based on the latest audited financial statements.
12) To state the effects of the Disposal on earnings per share, net assets per
share and gearing.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully




WAN CHOON YEN
Sr Manager, Issuers
Listing Division
Regulation

WCY/NM
The Board of Directors of Tiger Synergy Berhad (“TSB”) wishes to refer to the
announcement of the Company made on 19 October 2012 pertaining to the above
matter and wish to furnish herewith the following informations to the Exchange :-

(1) To briefly describe the existing and proposed use of the Property, the terms
of the tenure, and whether the Property is a vacant land


    The Property is a freehold vacant land and currently not in any usage.
(2) To state the outstanding Condition Precedent and the expected completion
date of the “Principle Agreement in Section 2.1.”

    There is no outstanding Condition Precedent save and except the outstanding

    amount and interest payable by the Vendor to the Existing Chargee and the

    Registered Owner or Registered Owner’s Solicitors under the Principal Agreement.

    The completion date of the “Principle Agreement” falls on 18 October 2012.


(3) To define and specify the “Completion Date”

    Completion Date means a date within the Completion Period or the Extended
    Period when Completion shall take place.
(4) To specify the item/subject that is to be returned in accordance with the
provisions mentioned under Section 2.2(iii)(c)(iii)

    The following items is to be returned in accordance with the provisions mentioned
    under Section 2.2(iii)(c)(iii);

      (a) The original issue document of title to the Property;
      (b) The memorandum of transfer
      (c) The certified true copies of the quit rent and assessment receipts;
      (d) Certified true copies of the Memorandum and Articles of Association
      and current Form 49 and Form 24 of the Vendor;
      (e) the resolution of the shareholders and directors of the Vendor
      authorising the sale of the Land to the Purchaser on the terms and
      conditions of this Agreement;
      (f) certified true copies of the National Registration Cards of the officers
      of the Vendor in whose presence the seal of the Vendor was affixed to the
      Transfer, and any other documents required pursuant to the provisions of
      the Agreement; and
      (g) any other documents which it is incumbent upon the Vendor to produce
      as documents necessary to enable registration of the Transfer to
      be effected in favour of the Purchaser free from all Encumbrances in
      accordance with the provisions of the Agreement.
(5) To include brief description of the properties mentioned under Section 2.4
and to tabulate the prevailing market value of the properties evaluated.

    The subject Property is located off Jalan Sg Kandis, Batu 4, Off Jalan Kebun,
    Shah Alam. It is located next to Phase Spira of TTDI Alam Impian. It is situated
    approximately 42 kilometres due south west of Kuala Lumpur City Centre and
    is about 8 kilometres due south east of Klang Town Centre.

    It is accessible via the Federal Highway and Kemuning-Shah Aam Highway.
    It is also approachable via Kuala Lumpur-Shah Alam Expressway (KESAS).
(6) To state the date and method/approach adopted in the market analysis

    The method/approach adopted is the “Comparison Method” and the date of
    obtaining such information is in September 2012.
(7) To state the name of the substantial shareholders of the Purchaser
and their direct and indirect shareholdings in the Purchaser

    The shareholders of the Purchaser are Shamini a/p Arunasalam and
    Sivanayagy a/p Nadarajah. Each of the shareholder is holding 1 share
    of RM1.00 each and the paid-up capital of the Purchaser is RM2.00.
(8) To clarify the party to whom Settlement of Balance of Purchase Price
is to be made under Section 5, as well as the details of the transaction.

    The details of the application of the Balance of Purchase Price shall be as follows;

    The Solicitors are authorised by the parties to deal with and apply the Balance

    Purchase Price received by the Solicitors in accordance with the following steps:


      (a) to pay all amount and interest payable by the Vendor to the Existing Chargee

      and the Registered Owner or Registered Owner’s Solicitors under the Principal

      Agreement; and

      (b) to release the remaining Balance Purchase price after deducting the amount

      payable to the Existing Chargee and the Registered Owner or Registered

      Owner’s Solicitor to the Vendor on the fourteenth (14th) day following the day

      upon which the Transfer Documents are presented for registration at the

      Land Registry (provided that the Purchaser have not at any time prior thereto

      received any notice of rejection of presentation of the Transfer Documents

      form the Land Registry) and provided that vacant possession of the Land has

      been delivered to the Purchaser.


(9) To clarify the statement “to be paid by 18 October 2012” mentioned in
Section 5, in view that the Disposal of the Property will only be completed
by 4th Quarter of year 2012 and the proceeds will only be received as per
the timeline stated in section 2.2(ii)


    The statement “to be paid by 18 October 2012” mentioned in Section 5 means

    “all outstanding amount and interest payable by the Vendor to the Existing

    Chargee and the Registered Owner or Registered Owner’s Solicitors under the

    Principal Agreement”


(10) To state the rational for Disposal

    The board is of the opinion that the Disposal is in the best interest of the
    Company in view of the gain of RM1,559,529.90 which shall be utilized to
    finance the group’s working capital.
(11) To state the original cost of investment and the Net Book Value of the
      property based on the latest audited financial statements
    Based on the latest audited financial statements for year ended 31 December
    2011, the acquisition of the property was not completed and merely deposit
    was paid for the said acquisition.

(12) To state the effects of the Disposal on earnings per share, net assets
      per share and gearing

The disposal will not have any effect on earnings per share, net assets per
share and gearing.


This announcement is dated 24 October 2012


LTKM - Changes in Sub. S-hldr's Int. (29B) - Tan Kok

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLTKM BERHAD  
Stock Name LTKM  
Date Announced24 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121024-54216

Particulars of substantial Securities Holder

NameTan Kok
Address43 Loboh Enggang, Kaw 17, Off Jalan Meru
41050 Klang
Selangor Darul Ehsan
NRIC/Passport No/Company No.510815-10-5031
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderTan Kok
43, Leboh Enggang, Kaw 17, Off Jalan Meru
41050 Klang
Selangor Darul Ehsan

Ladang Ternakan Kelang Sdn. Berhad
Suite B, 1st Floor, Wisma Hup Tai
No. 1, Lorong Raja Bot
41400 Klang
Selangor Darul Ehsan

Tan Yee Boon
43, Leboh Enggang, Kaw 17, Off Jalan Meru
41050 Klang
Selangor Darul Ehsan

YBJ Capital Sdn. Bhd.
Room 102, 2nd Floor, Wisma Hup Tai
No. 1, Lorong Raja Bot
41050 Klang
Selangor Darul Ehsan

Tan Yee Siong
43, Leboh Enggang, Kaw 17, Off Jalan Meru
41050 Klang
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/10/2012
10,000
1.800 
Acquired22/10/2012
32,000
1.850 

Circumstances by reason of which change has occurredAcquisition of shares in open market
Nature of interestDirect Interest
Direct (units)846,100 
Direct (%)1.951 
Indirect/deemed interest (units)27,896,902 
Indirect/deemed interest (%)64.33 
Total no of securities after change28,743,002
Date of notice24/10/2012

Remarks :
Total no. of shares held after change

Direct Interest
-Registered in the name of Tan Kok 846,100 (1.95%)

Indirect Interest
-Registered in the name of Ladang Ternakan Kelang Sdn. Berhad 26,523,502 (61.16%)#

-Registered in the name of YBJ Capital Sdn. Bhd. 841,000 (1.94%)^

-Registered in the name of Tan Yee Boon 388,900 (0.90%)*

-Registered in the name of Tan Yee Siong 143,500 (0.33%)*
______________________
Total 28,743,002 (66.28%)
===================

# Deemed interest by virtue of being a substantial shareholder in Ladang Ternakan Kelang Sdn. Berhad, which is a substantial shareholder of LTKM Berhad.

^Deemed interest pursuant to Section 6A(4) of the Companies Act, 1965 by Mr. Tan Yee Boon's shareholdings in YBJ Capital Sdn. Bhd.

*Enforcement of new Section 134(12(C) under the Companies (Amendment) Act, 2007 effective 15 August 2007.


LTKM - Changes in Director's Interest (S135) - Tan Kok

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameLTKM BERHAD  
Stock Name LTKM  
Date Announced24 Oct 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-121024-54676

Information Compiled By KLSE

Particulars of Director

NameTan Kok
Address43, Leboh Enggang, Kaw 17, Off Jalan Meru
41050 Klang
Selangor Darul Ehsan
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)
Acquired
19/10/2012
10,000
1.800 
Acquired
22/10/2012
32,000
1.850 

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

Total no of securities after change

Direct (units)846,100 
Direct (%)1.95 
Indirect/deemed interest (units)27,896,902 
Indirect/deemed interest (%)64.33 
Date of notice24/10/2012

Remarks :
The acquisition of 42,000 ordinary shares of RM1.00 each represents 0.10% of the total paid-up capital of the Company by Tan Kok.

Based on the paid-up captial of the Company of RM43,368,002 divided into 43,368,002 ordinary shares of RM1.00 each as at 19 October 2011.

This announcement servies as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements for dealing outside closed period.

This notice was received on 24 October 2012.


POHUAT - Changes in Director's Interest (S135) - TAY KIM HAU

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePOH HUAT RESOURCES HOLDINGS BERHAD  
Stock Name POHUAT  
Date Announced24 Oct 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCM-121024-51966

Information Compiled By KLSE

Particulars of Director

NameTAY KIM HAU
Address63 Jalan Merah 3
Taman Mas Merah Sungai Abong
84000 Muar Johor
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
22/10/2012
280,000
0.411 

Circumstances by reason of which change has occurredOpen market deal
Nature of interestDirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)2,281,980 
Direct (%)2.13 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice24/10/2012

Remarks :
1) The above disposal represented 0.26% of the total issued and paid up share capital of the Company after excluding treasury shares held.

2) The percentage of shareholding excluded a total of 6,265,800 Poh Huat shares purchased and retained as treasury shares from time to time.

3) This announcement serves as an announcement pursuant to paragraph 14.09(a) of the Main Market Listing Requirements for dealing outside closed period.


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