October 17, 2012

Company announcements: PUNCAK, PETONE, SEEHUP, PLB, LATEXX

PUNCAK - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced17 Oct 2012  
CategoryGeneral Announcement
Reference NoPN-121017-55BA7

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")
KUALA LUMPUR HIGH COURT SUIT NO: 22NCC-1478-09/2011 SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") VS KERAJAAN NEGERI SELANGOR ("STATE GOVERNMENT") (THE "SUIT") - APPEAL TO THE FEDERAL COURT BY SYABAS

Reference is made to the Company's earlier announcements dated 8 September 2011, 9 September 2011, 22 September 2011, 10 October 2011,14 October 2011, 4 November 2011, 21 November 2011, 29 November 2011, 14 December 2011, 23 December 2011, 26 January 2012, 16 February 2012, 5 March 2012, 28 March 2012, 17 April 2012, 27 April 2012, 30 April 2012, 8 May 2012, 15 May 2012, 23 May 2012, 25 May 2012, 29 May 2012, 14 June 2012, 22 June 2012, 28 June 2012, 12 July 2012, 14 August 2012 and 8 October 2012�in relation to the Suit.

The Company would like to update the Exchange that SYABAS' solicitors had on 15 October 2012 filed a motion�for leave�at the Federal Court to appeal�the decision�made by the Court of Appeal�dated�8 October 2012.

The Federal Court had fixed the motion for hearing on 23 October 2012.�

This announcement is dated�17 October 2012.



PETONE - OTHERS PETROL ONE RESOURCES BERHAD ("THE COMPANY" OR "PETONE") - WRIT OF SUMMONS IN ADMIRALTY IN REM ("WRIT OF SUMMONS") AND STATEMENT OF CLAIM FILED BY RHB INVESTMENT BANK BERHAD ("THE PLAINTIFF") AGAINST ARUS DERMAGA SDN BHD ("THE DEFENDANT"), A WHOLLY-OWNED SUBSIDIARY OF PETONE - KUALA LUMPUR HIGH COURT ADMIRALTY IN REM NO. 27-52-10/2012

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced17 Oct 2012  
CategoryGeneral Announcement
Reference NoCS-121017-6CF85

TypeAnnouncement
SubjectOTHERS
DescriptionPETROL ONE RESOURCES BERHAD ("THE COMPANY" OR "PETONE")
- WRIT OF SUMMONS IN ADMIRALTY IN REM ("WRIT OF SUMMONS") AND STATEMENT OF CLAIM FILED BY RHB INVESTMENT BANK BERHAD ("THE PLAINTIFF") AGAINST ARUS DERMAGA SDN BHD ("THE DEFENDANT"), A WHOLLY-OWNED SUBSIDIARY OF PETONE - KUALA LUMPUR HIGH COURT ADMIRALTY IN REM NO. 27-52-10/2012
The Board of Directors of PETONE wishes to announce that the Plaintiff, through its lawyers served the Writ of Summons dated 15 October 2012 on the Defendant, a wholly-owned subsidiary of PETONE, at the registered address of PETONE on 16 October 2012.
The Writ of Summons arose from an allegation of default in payment of a term loan facility (“Term Loan”) by the Defendant due to RHB Bank (L) Ltd, the lender of the Term Loan (“Lender”). To secure the Term Loan, the Defendant had amongst others, executed a mortgage which was duly registered in accordance with the Merchant Shipping Ordinance, 1952, where the Defendant, as a mortgagor, mortgaged a ship or vessel known as “Taurus” (IMO No. 7917915/Registry No. 332422) (“Vessel”) to the Plaintiff as mortgagee and security agent for the Lender (“Mortgage”).

Pursuant to the above and the Statement of Claim (“Claim”), the Plaintiff is now claiming for the following:
  1. a declaration that the Mortgage is valid;
  2. USD24,843,933.67 (inclusive of the principal sum of USD23,893,694.74) as at 27 September 2012 with interest thereon at the rate of 2.25% per annum above the Lender’s cost of funds and an additional late payment interest of 1% per annum on all overdue amounts, with monthly rests from 28 September 2012 to date of full payment (“Sum of Claim”);
  3. if necessary, a reference to the Registrar of the High Court Kuala Lumpur (“Court”) to assess the amount due to the Plaintiff;
  4. an order for the appraisement and sale of the Vessel; and
  5. costs on a full indemnity basis (“Costs”) and any other relief as the Court deems fit.

The Board of PETONE is of the opinion that if the Claim succeeds, there is no other financial impact of the Claim on PETONE and its subsidiaries other than the Sum of Claim and the Costs.

The expected losses arising from the Claim, should it be successfully made against the Defendant, will be up to the Sum of Claim and the Costs.

The Defendant is currently seeking legal advice with regards to the above Writ of Summons and Claim. Further development of the above litigation will be announced on Bursa Malaysia Securities Berhad in due course.

This announcement is dated 17 October 2012.


SEEHUP - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameSEE HUP CONSOLIDATED BERHAD  
Stock Name SEEHUP  
Date Announced17 Oct 2012  
CategoryGeneral Meetings
Reference NoMM-121017-62705

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionSEE HUP CONSOLIDATED BERHAD (“SHCB” OR “COMPANY”)

On behalf of the Board of Directors of SHCB, Public Investment Bank Berhad wishes to announce that the Extraordinary General Meeting (“EGM”) of the Company will be held at Georgetown City Hotel, Berjaya Room 1 (Level 7), 1-Stop Midlands Park, Jalan Burmah, 10350 Penang on Friday, 9 November 2012 at 10.30 a.m. for the purpose of considering and, if thought fit, passing the ordinary resolutions as set out in the Notice of EGM as attached herewith.

Kindly take note that only members whose names appear on the Record of Depositors of the Company as at 2 November 2012 shall be entitled to attend, speak and vote at the EGM or appoint a proxy/proxies to attend and vote instead of him/her.

Please refer to the full text of the Notice of the EGM as attached.

This announcement is dated 17 October 2012.
Date of Meeting09/11/2012
Time10:30 AM
VenueGeorgetown City Hotel, Berjaya Room 1 (Level 7), 1-Stop Midlands Park, Jalan Burmah, 10350 Penang
Date of General Meeting Record of Depositors02/11/2012

Attachments

Notice of EGM.pdf
240 KB



PLB - Changes in Sub. S-hldr's Int. (29B) - Leading Builders Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePLB ENGINEERING BERHAD  
Stock Name PLB  
Date Announced17 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121017-34553

Particulars of substantial Securities Holder

NameLeading Builders Sdn Bhd
Address51-13-A Menara BHL Bank
Jalan Sultan Ahmad Shah
10050 Penang
NRIC/Passport No/Company No.347400X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderLeading Builders Sdn Bhd (26,259,036 ordinary shares)
51-13-A Menara BHL Bank
Jalan Sultan Ahmad Shah
10050 Penang

EB Nominees (Tempatan) Sdn. Bhd. (25,000,000 ordinary shares)
(For Leading Builders Sdn. Bhd.)
11th Floor, Wisma Cyclecarri
288 Jalan Raja Laut
50350 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/10/2012
37,200
1.030 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)51,259,036 
Direct (%)62.391 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change51,259,036
Date of notice17/10/2012


PLB - Changes in Sub. S-hldr's Int. (29B) - Dato' Ong Choo Hoon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePLB ENGINEERING BERHAD  
Stock Name PLB  
Date Announced17 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121017-34249

Particulars of substantial Securities Holder

NameDato' Ong Choo Hoon
AddressNo. 7 Tingkat Kampung Kastam
12300 Butterworth
NRIC/Passport No/Company No.390730-71-5283
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderDato’ Ong Choo Hoon (2,733,095 ordinary shares)
No. 7 Tingkat Kampung Kastam
12300 Butterworth

Leading Builders Sdn. Bhd. (26,259,036 ordinary shares)
51-13-A Menara BHL Bank
Jalan Sultan Ahmad Shah
10050 Penang

EB Nominees (Tempatan) Sdn. Bhd. (25,000,000 ordinary shares)
(For Leading Builders Sdn. Bhd.)
11th Floor, Wisma Cyclecarri
288 Jalan Raja Laut
50350 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/10/2012
37,200
1.030 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDeemed
Direct (units)2,733,095 
Direct (%)3.327 
Indirect/deemed interest (units)51,259,036 
Indirect/deemed interest (%)62.391 
Total no of securities after change53,992,131
Date of notice17/10/2012


PLB - Changes in Sub. S-hldr's Int. (29B) - Dato' Dr Ong Seng Soon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePLB ENGINEERING BERHAD  
Stock Name PLB  
Date Announced17 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121017-34405

Particulars of substantial Securities Holder

NameDato' Dr Ong Seng Soon
AddressNo. 27-PHD Bougainvilla Apt.
Jalan 1/77B
Off Jln Changkat Thambi Dollah
55100 Kuala Lumpur
NRIC/Passport No/Company No.651017-07-5199
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderDato’ Dr Ong Seng Soon (65,333 ordinary shares)
No. 27-PHD Bougainvilla Apt.
Jalan 1/77B
Off Jln Changkat Thambi Dollah
55100 Kuala Lumpur

Leading Builders Sdn. Bhd. (26,259,036 ordinary shares)
51-13-A Menara BHL Bank
Jalan Sultan Ahmad Shah
10050 Penang

EB Nominees (Tempatan) Sdn. Bhd. (25,000,000 ordinary shares)
(For Leading Builders Sdn. Bhd.)
11th Floor, Wisma Cyclecarri
288 Jalan Raja Laut
50350 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/10/2012
37,200
1.030 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDeemed
Direct (units)65,333 
Direct (%)0.08 
Indirect/deemed interest (units)51,259,036 
Indirect/deemed interest (%)62.391 
Total no of securities after change51,324,369
Date of notice17/10/2012


PLB - Changes in Director's Interest (S135) - Dato' Ong Choo Hoon

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePLB ENGINEERING BERHAD  
Stock Name PLB  
Date Announced17 Oct 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-121017-34120

Information Compiled By KLSE

Particulars of Director

NameDato' Ong Choo Hoon
AddressNo. 7 Tingkat Kampung Kastam
12300 Butterworth
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
16/10/2012
37,200
1.030 

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

Total no of securities after change

Direct (units)2,733,095 
Direct (%)3.327 
Indirect/deemed interest (units)51,259,036 
Indirect/deemed interest (%)62.391 
Date of notice17/10/2012

Remarks :
Total no. of shares held after the change :
-registered in the name of Dato' Ong Choo Hoon is 2,733,095 Ordinary shares (3.327%)
-registered in the name of Leading Builders Sdn. Bhd. is 26,259,036 Ordinary shares (31.962%)
-registered in the name of EB Nominees (Tempatan) Sdn Bhd (For Leading Builders Sdn Bhd) is 25,000,000 (30.429%)
-registered in the name of Ong Guat Hung is 221,666 Ordinary shares (0.270%)
-registered in the name of Ong Guat Eong is 236,667 Ordinary shares (0.288%)
-registered in the name of Ong Gohat Ng is 141,667 Ordinary shares (0.172%)
-registered in the name of Ong Guat Choo is 100,667 Ordinary shares (0.123%)


PLB - Changes in Director's Interest (S135) - Dato' Dr Ong Seng Soon

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePLB ENGINEERING BERHAD  
Stock Name PLB  
Date Announced17 Oct 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-121017-33941

Information Compiled By KLSE

Particulars of Director

NameDato' Dr Ong Seng Soon
AddressNo. 27-PHD Bougainvilla Apt.
Jalan 1/77B
Off Jln Changkat Thambi Dollah
55100 Kuala Lumpur
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
16/10/2012
37,200
1.030 

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

Total no of securities after change

Direct (units)65,333 
Direct (%)0.08 
Indirect/deemed interest (units)51,259,036 
Indirect/deemed interest (%)62.391 
Date of notice17/10/2012

Remarks :
Total no. of shares held after the change :
-registered in the name of Dato' Dr Ong Seng Soon is 65,333 Ordinary shares (0.080%)
-registered in the name of Leading Builders Sdn. Bhd. is 26,259,036 Ordinary shares (31.962%)
-registered in the name of EB Nominees (Tempatan) Sdn Bhd (For Leading Builders Sdn. Bhd.) is 25,000,000 Ordinary shares (30.429%)
-registered in the name of Fung Teng Hong is 145,667 Ordinary shares (0.177%)


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

Announcement Type: General Announcement
Company NamePLB ENGINEERING BERHAD  
Stock Name PLB  
Date Announced17 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121017-33675

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to Paragraph 14.08(b) of the Listing Requirements of Bursa Malaysia Securities Berhad, we have received notification from the following directors in relation to Leading Builders Sdn Bhd's dealings in the shares of PLB Engineering Berhad:-

This announcement is dated 17 October 2012.

Name

Date Transacted

Opening Balance

Acquisition/

(Disposal)

% of shares of RM1.00 each

Closing Balance

% of total issued shares

 

Direct Interest

 

 

 

 

 

 

 

Dato’ Ong Choo Hoon

-

2,733,095

-

-

2,733,095

3.327

 

Deemed Interest

 

 

 

 

 

 

 

Leading Builders Sdn Bhd

16-10-2012

51,221,836

37,200

0.045

51,259,036

62.391

Name

Date Transacted

Opening Balance

Acquisition/

(Disposal)

% of shares of RM1.00 each

Closing Balance

% of total issued shares

 

Direct Interest

 

 

 

 

 

 

 

Dato’ Ong Seng Soon

-

65,333

-

-

65,333

0.080

 

Deemed

Interest

 

 

 

 

 

 

 

Leading Builders Sdn Bhd

16-10-2012

51,221,836

37,200

0.045

51,259,036

62.391

 



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

Announcement Type: General Announcement
Company NameLATEXX PARTNERS BERHAD  
Stock Name LATEXX  
Date Announced17 Oct 2012  
CategoryGeneral Announcement
Reference NoCG-121017-929DA

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionLATEXX PARTNERS BERHAD (“LATEXX” OR “THE COMPANY”)
APPOINTMENT OF INDEPENDENT ADVISER IN RELATION TO THE CONDITIONAL TAKE-OVER OFFER FROM SEMPERIT INVESTMENTS ASIA PTE. LTD. ("OFFER")

Reference is made to our announcements on 8 October 2012 in relation to the receipt of Notice of Conditional Take-Over Offer (“Notice”) from RHB Investment Bank Berhad, on behalf of Semperit Investments Asia Pte. Ltd. (“Offeror”), a wholly-owned subsidiary of Semperit Technische Produkte GmbH, which in turn is a wholly-owned subsidiary of Semperit Aktiengesellschaft Holding, in respect of the Offeror’s intention to acquire the ordinary shares and warrants in the Company (“Offer Securities”).

The Board of Directors of Latexx (“Board”) wishes to announce that AmInvestment Bank Berhad has been appointed as the Independent Adviser for the Offer to advise the non-interested Directors and the holders of the Offer Securities on the fairness and reasonableness of the Offer pursuant to Section 15(1) of the Malaysian Code on Take-Overs and Mergers 2010.

The Board will inform the holders of the Offer Securities of the Independent Adviser’s recommendations on the Offer within ten (10) days from the date of despatch of the Offer Document or such later date as may be approved by the Securities Commission.

This announcement is dated 17 October 2012.



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