November 19, 2012

Company announcements: BPPLAS, PENERGY, AEONCR, KSTAR, HBGLOB, PRESBHD, SUNWAY

BPPLAS - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

Announcement Type: Financial Results
Company NameBP PLASTICS HOLDING BHD  
Stock Name BPPLAS  
Date Announced19 Nov 2012  
CategoryFinancial Results
Reference NoCS-121119-46E16

Financial Year End31/12/2012
Quarter3
Quarterly report for the financial period ended30/09/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2012
30/09/2011
30/09/2012
30/09/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
53,044
50,750
162,613
166,324
2Profit/(loss) before tax
3,530
3,613
10,211
12,772
3Profit/(loss) for the period
2,684
3,283
7,672
11,256
4Profit/(loss) attributable to ordinary equity holders of the parent
2,684
3,283
7,672
11,256
5Basic earnings/(loss) per share (Subunit)
1.49
1.82
4.26
6.25
6Proposed/Declared dividend per share (Subunit)
0.02
0.00
0.02
0.02


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 ($$)
0.8400
0.8200
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


BPPLAS - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameBP PLASTICS HOLDING BHD  
Stock Name BPPLAS  
Date Announced19 Nov 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoCS-121119-46E15

EX-date30/11/2012
Entitlement date04/12/2012
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement description4% Interim Tax Exempt Dividend
Period of interest payment to
Financial Year End31/12/2012
Share transfer book & register of members will be 04/12/2012 to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSecurities Services (Holdings) Sdn. Bhd.
Level 7, Menara Milenium
Jalan Damanlela, Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur
03 - 2084 9000
Payment date 12/12/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers04/12/2012 
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 indicatorPercentage
Entitlement in percentage (%)4

Remarks :
4% Interim Tax Exempt Dividend


BPPLAS - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBP PLASTICS HOLDING BHD  
Stock Name BPPLAS  
Date Announced19 Nov 2012  
CategoryChange in Boardroom
Reference NoCS-121119-46E17

Date of change19/11/2012
NameBoo Chin Liong
Age51
NationalityMalaysian
Type of changeRedesignation
Previous PositionNon-Executive Director
New PositionOthers
DirectorateIndependent & Non Executive
QualificationsBachelor of Law (Honours) degree from University of Malaya in 1985 and was called to Bar in 1986. 
Working experience and occupation
- Advocate and solicitor and has been in active legal practice since 1986.
- Founding partner of Messrs. C. L. Boo & Associates. 
Directorship of public companies (if any)Poh Huat Resources Holdings Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect Interest - 27,000 

Remarks :
Mr. Boo Chin Liong was redesignated as Senior Independent Non-Executive Director with effect from 19 November 2012.


PENERGY - OTHERS PETRA ENERGY BERHAD (“PEB”) (I) PROPOSED SUBSCRIPTION OF 6,000,000 NEW ORDINARY SHARES OF RM1.00 EACH IN COASTAL ENERGY KBM SDN BHD (“CEKSB”), REPRESENTING 30% OF THE ENLARGED EQUITY INTEREST IN CEKSB BY PETRA ENERGY DEVELOPMENT SDN BHD (FORMERLY KNOWN AS PETRA AWT SDN BHD) (“PED”), A WHOLLY-OWNED SUBSIDIARY OF PEB FOR A CASH CONSIDERATION OF RM6.00 MILLION (“PROPOSED SHARE SUBSCRIPTION”); (II) COMPOSITE SHAREHOLDERS AND CONTRACTORS OPERATING AGREEMENT IN RELATION TO CEKSB, ENTERED INTO BETWEEN CEKSB, PEB, PED AND CEC INTERNATIONAL LTD (“SHAREHOLDERS’ AGREEMENT”); AND (III) PROPOSED DIVERSIFICATION IN OPERATIONS CARRIED ON BY PEB AND ITS SUBSIDIARIES PURSUANT TO THE PROPOSED SHARE SUBSCRIPTION AND SHAREHOLDERS’ AGREEMENT ((I), (II) AND (III) COLLECTIVELY REFERRED TO AS “PROPOSALS”)

Announcement Type: General Announcement
Company NamePETRA ENERGY BERHAD  
Stock Name PENERGY  
Date Announced19 Nov 2012  
CategoryGeneral Announcement
Reference NoMI-121119-50737

TypeAnnouncement
SubjectOTHERS
DescriptionPETRA ENERGY BERHAD (“PEB”)

(I) PROPOSED SUBSCRIPTION OF 6,000,000 NEW ORDINARY SHARES OF RM1.00 EACH IN COASTAL ENERGY KBM SDN BHD (“CEKSB”), REPRESENTING 30% OF THE ENLARGED EQUITY INTEREST IN CEKSB BY PETRA ENERGY DEVELOPMENT SDN BHD (FORMERLY KNOWN AS PETRA AWT SDN BHD) (“PED”), A WHOLLY-OWNED SUBSIDIARY OF PEB FOR A CASH CONSIDERATION OF RM6.00 MILLION (“PROPOSED SHARE SUBSCRIPTION”);

(II) COMPOSITE SHAREHOLDERS AND CONTRACTORS OPERATING AGREEMENT IN RELATION TO CEKSB, ENTERED INTO BETWEEN CEKSB, PEB, PED AND CEC INTERNATIONAL LTD (“SHAREHOLDERS’ AGREEMENT”); AND

(III) PROPOSED DIVERSIFICATION IN OPERATIONS CARRIED ON BY PEB AND ITS SUBSIDIARIES PURSUANT TO THE PROPOSED SHARE SUBSCRIPTION AND SHAREHOLDERS’ AGREEMENT

((I), (II) AND (III) COLLECTIVELY REFERRED TO AS “PROPOSALS”)

We refer to the announcements made on 20 September 2012, 21 September 2012, 28 September 2012, 10 October 2012, 30 October 2012 and 2 November 2012 in relation to the Proposals (“Announcements”). Unless the context otherwise requires, all expressions used herein shall have the same meanings assigned thereto in the Announcements.

Pursuant to the Share Subscription Agreement, in the event the conditions precedent of the Share Subscription Agreement are not fulfilled before 26 October 2012 or such later date as mutually agreed between PED and CEKSB and approved by PETRONAS at its sole discretion pursuant to the SFRSC, the Share Subscription Agreement shall immediately terminate and thereafter the Share Subscription Agreement shall cease to be of any effect.

On behalf of the Board, Maybank Investment Bank Berhad wishes to inform that following CEKSB’s letters to PETRONAS dated 16 October 2012 and 23 October 2012, PETRONAS has approved the extension of time to fulfill the conditions precedent of the Share Subscription Agreement up to the week of 17 December 2012.

PETRONAS has approved the contents of this announcement on 19 November 2012.

This announcement is dated 19 November 2012.



AEONCR - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced19 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121119-2F1A8

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc. ("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace, Aberdeen,
AB 10 1YG, Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed14/11/2012
77,100
 

Circumstances by reason of which change has occurredSale by Aberdeen
Nature of interestDeemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)9,847,981 
Indirect/deemed interest (%)6.8389 
Total no of securities after change9,847,981
Date of notice16/11/2012

Remarks :
MUFG is deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen.

The Form 29B was received by the Company at 19 November 2012.


KSTAR - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

Announcement Type: Financial Results
Company NameK-STAR SPORTS LIMITED  
Stock Name KSTAR  
Date Announced19 Nov 2012  
CategoryFinancial Results
Reference NoCC-121112-43241

Financial Year End31/12/2012
Quarter3
Quarterly report for the financial period ended30/09/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2012
30/09/2011
30/09/2012
30/09/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
63,658
82,542
183,958
255,924
2Profit/(loss) before tax
-16,677
7,469
-1,259
41,228
3Profit/(loss) for the period
-16,677
5,420
-5,297
30,529
4Profit/(loss) attributable to ordinary equity holders of the parent
-16,677
5,420
-5,297
30,529
5Basic earnings/(loss) per share (Subunit)
-6.26
2.03
-1.99
11.46
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 ($$)
0.8125
0.8324
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


HBGLOB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameHB GLOBAL LIMITED  
Stock Name HBGLOB  
Date Announced19 Nov 2012  
CategoryChange in Boardroom
Reference NoCC-121116-63901

Date of change19/11/2012
NameLee Yu Lian
Age42
NationalityMalaysian
DesignationDirector
DirectorateNon Independent & Non Executive
Type of changeResignation
ReasonDue to her resignation as Managing Partner in Vida Partners of which she is representing in the Board
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsBachelor of Laws Degree, LLB from the University of London. 
Working experience and occupation Ms. Lee was previously the Managing Partner of Vida Partners, a private equity fund management firm that
manages funds for institutions and corporations. In addition to her duties as Managing Partner of Vida
Partners, Ms. Lee is also actively involved in investment, fund raising and fund management activities.
Prior to joining Vida Partners in 2007, she was the Chief Operating Officer and Executive Director of a local private equity and venture capital company. She was one of the pioneers when she joined them in 1997 as an Investment Analyst. Prior to that, she was involved in corporate and commercial lending in two local banks. She had also served as a Director in a host of boards of private and public investee companies. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 

Remarks :
Vida Partners will be appointing a Director in place of Ms Lee's resignation.


PRESBHD - Changes in Sub. S-hldr's Int. (29B) - Minister of Finance, Incorporated

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePRESTARIANG BERHAD  
Stock Name PRESBHD  
Date Announced19 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-121119-6C475

Particulars of substantial Securities Holder

NameMinister of Finance, Incorporated
AddressKompleks Kementerian Kewangan, Presint 2, Pusat Pentadbiran Kerajaan Persekutuan, 62592 Putrajaya, Wilayah Persekutuan
NRIC/Passport No/Company No.N/A
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderKumpulan Modal Perdana Sdn. Bhd.
Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed16/11/2012
250,000
1.235 

Circumstances by reason of which change has occurredDisposal through on market deal
Nature of interestIndirect Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)18,499,300 
Indirect/deemed interest (%)8.41 
Total no of securities after change18,499,300
Date of notice19/11/2012


PRESBHD - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Modal Perdana Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePRESTARIANG BERHAD  
Stock Name PRESBHD  
Date Announced19 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-121119-6C474

Particulars of substantial Securities Holder

NameKumpulan Modal Perdana Sdn. Bhd.
AddressLevel 7, Menara Milenium,
Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights,
50490 Kuala Lumpur,
Wilayah Persekutuan
NRIC/Passport No/Company No.547734-D
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderKumpulan Modal Perdana Sdn. Bhd.
Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed16/11/2012
250,000
1.235 

Circumstances by reason of which change has occurredDisposal through on market deal
Nature of interestDirect Interest
Direct (units)18,499,300 
Direct (%)8.41 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change18,499,300
Date of notice19/11/2012


SUNWAY - OTHERS SUNWAY BERHAD (“SUNWAY”) - INTERNAL REORGANISATION OF GROUP STRUCTURE

Announcement Type: General Announcement
Company NameSUNWAY BERHAD  
Stock Name SUNWAY  
Date Announced19 Nov 2012  
CategoryGeneral Announcement
Reference NoSS-121119-86FD9

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY BERHAD (“SUNWAY”)
- INTERNAL REORGANISATION OF GROUP STRUCTURE
We wish to announce that pursuant to Chapter 9, Paragraph 9.19(5) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway Group has on 19 November 2012, completed an internal reorganisation exercise (“Reorganisation Exercise”).
Sunway City Sdn Bhd (“SunCity”), Sunway Holdings Sdn Bhd (“SunH”) and Sunway Marketing Sdn Bhd (“SMSB”), the subsidiaries of Sunway have on 19 November 2012, entered into Share Sale and Purchase Agreements with the vendors for the acquisition of the entire equity interests held by the vendors in the subject companies. The details of the Reorganisation Exercise are set out in the attachment below.

The objective of the Reorganisation Exercise is to rationalise the internal organisation structure of Sunway.

The total purchase consideration payable by SunCity, SunH and SMSB for the acquisition of the entire equity interests held by the vendors in the subject companies were based on the cost of investment of the vendors.

Upon completion of the Reorganisation Exercise:-

a) Sunway Mall Parking Sdn Bhd, Sunway Parking Services Sdn Bhd, Pena Enterprise Sdn Bhd, Logic Square Sdn Bhd, Sunway D’Mont Kiara Sdn Bhd, Ekuiti Meranti (M) Sdn Bhd and Sunway Supercar Resort Sdn Bhd (formerly known as Sunway Exotic Cars Resort Sdn Bhd) have become direct subsidiaries of SunCity;
    b) Sunway Elite Sdn Bhd, SWL Nominees (Tempatan) Sdn Bhd, Sunway Credit Sdn Bhd, Sunway Captive Insurance Ltd, Fortuna Gembira Enterpris Sdn Bhd, Sunway Cavity Wall Panel Sdn Bhd, Sunway Cavity Wall Panel (S) Pte Ltd and Sunway Quarry Industries (Melaka) Sdn Bhd have become direct subsidiaries of SunH; and
      c) Sunway Hydraulic Industries Sdn Bhd and Sunway Enterprise (1988) Sdn Bhd have become direct subsidiaries of SMSB.

      The Reorganisation Exercise is not expected to have any effect on the issued and paid-up capital of Sunway or Sunway’s substantial shareholders’ shareholdings or any material effect on the earnings, net assets or gearing of Sunway on a consolidated basis.

      None of the directors or substantial shareholders of Sunway or persons connected with them has any interest, whether direct or indirect in the Reorganisation Exercise.

      This announcement is dated 19 November 2012.

      Attachments

      Reorganisation Table.pdf
      93 KB



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