November 30, 2012

Company announcements: EIG, DIJACOR, FITTERS, HARVEST, PREMIER, KKB, BRAHIMS

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

Announcement Type: General Announcement
Company NameESTHETICS INTERNATIONAL GROUP BERHAD  
Stock Name EIG  
Date Announced30 Nov 2012  
CategoryGeneral Announcement
Reference NoC&-121130-56F33

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionESTHETICS INTERNATIONAL GROUP BERHAD (“EIG” OR “COMPANY”)

UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB"), ON BEHALF OF PROVIDENCE CAPITAL SDN BHD (“PCSB” OR “OFFEROR”), TO ACQUIRE THE FOLLOWING:

(I) ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN EIG (“EIG SHARES”) NOT ALREADY OWNED BY THE OFFEROR AND THE PERSONS ACTING IN CONCERT WITH IT (“PACS”);

(II) ALL THE OUTSTANDING WARRANTS 2012/2017 ISSUED BY EIG (“WARRANTS”) NOT ALREADY OWNED BY THE OFFEROR AND THE PACS; AND

(III) ALL THE NEW EIG SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING DATE OF THE OFFER ARISING FROM THE EXERCISE OF OUTSTANDING WARRANTS,

FOR A CASH OFFER PRICE OF RM0.50 PER EIG SHARE AND RM0.12 PER OFFER WARRANT RESPECTIVELY ("OFFER").

Further to the announcements dated 19 October 2012, 25 October 2012, 9 November 2012 and 19 November 2012 in relation to the Offer and with reference to the offer document dated 9 November 2012 which sets out the details, terms and conditions of the Offer (“Offer Document”), the Board of Directors of EIG wishes to announce that the Company has on 30 November 2012 received a press notice (“Press Notice”) from Maybank IB, on behalf of the Offeror, informing that the Offer has closed at 5.00 p.m. (Malaysian time) on 30 November 2012 (“Closing Date”).

The level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on the Closing Date are set out in the attached Press Notice.

As set out in the Press Notice, as at 5.00 p.m. (Malaysian time) on the Closing Date, the EIG Shares held by the Offeror of 163,344,176 EIG Shares (including those which are subject to verification) represents�� 88.39% of EIG’s total issued and paid-up share capital. Accordingly, EIG does not comply with the public shareholding spread requirement pursuant to Paragraph 8.02 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) which stipulates that a listed issuer must ensure that at least 25% of its total listed shares are in the hands of public shareholders.

As set out in Section 4.1 of the Offer Document, the Offeror intends to maintain the listing status of EIG and as such, the Offeror will be exploring various options and proposals to rectify the shortfall in the public shareholding spread of EIG within the stipulated timeframe as may be prescribed by Bursa Securities.

The Company will make the required announcement on the status of the above accordingly.

This announcement is dated 30 November 2012.

Attachments

EIG-Press Release-30.11.2012.pdf
109 KB


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

Announcement Type: Financial Results
Company NameDIJAYA CORPORATION BERHAD  
Stock Name DIJACOR  
Date Announced30 Nov 2012  
CategoryFinancial Results
Reference NoDC-121129-67168

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

Attachments

DIC -Q3FY12BMS.pdf
211 KB

DIC-Q3FY12_Notes.pdf
189 KB

DCBQ3FY12-Annexure I.PDF
294 KB

DCBQ3FY12-Annexure II.pdf
58 KB

  • 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
161,086
89,182
396,001
217,520
2Profit/(loss) before tax
80,109
-8,395
159,794
36,973
3Profit/(loss) for the period
58,920
-12,029
116,911
29,106
4Profit/(loss) attributable to ordinary equity holders of the parent
57,827
-12,841
108,989
26,050
5Basic earnings/(loss) per share (Subunit)
12.55
-2.81
23.68
5.72
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 ($$)
3.6100
2.2300
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

DIJACOR - OTHERS DIJAYA CORPORATION BERHAD ("DIC" OR "THE COMPANY") - REVALUATION OF NON-CURRENT ASSETS

Announcement Type: General Announcement
Company NameDIJAYA CORPORATION BERHAD  
Stock Name DIJACOR  
Date Announced30 Nov 2012  
CategoryGeneral Announcement
Reference NoDC-121130-54905

TypeAnnouncement
SubjectOTHERS
DescriptionDIJAYA CORPORATION BERHAD ("DIC" OR "THE COMPANY")
- REVALUATION OF NON-CURRENT ASSETS

Pursuant to paragraph 9.19(46) and Part H of Appendix 9A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company (the "Board") wishes to announce that the Board had on 30 November 2012 approved the incorporation of the revaluation surplus, net of deferred tax of�RM143 million in the financial statements of DIC.

Further details of the revaluation are set out in the attachment below.

This announcement is dated 30 November 2012.

Attachments

Bursa-Valuation on investment properties 30.11.2012.pdf
112 KB


DIJACOR - Quarterly rpt on consolidated results for the financial period ended 30/6/2012 (Amended Announcement)

Announcement Type: Financial Results
Company NameDIJAYA CORPORATION BERHAD  
Stock Name DIJACOR  
Date Announced30 Nov 2012  
CategoryFinancial Results
Reference NoDC-121129-66943

Financial Year End31/12/2012
Quarter2
Quarterly report for the financial period ended30/06/2012
The figureshave not been audited

Attachments

DIC -Q2FY12BMS_Amendments 30Nov 12(pdf).pdf
202 KB

DIC-Q2FY12_Notes_-Amendments30Nov12.pdf
218 KB


Remarks :
The Group has amended the interim financial statements for the financial period ended 30 June 2012. The amendments are due to the misinterpretation of the accounting standards arising from the change of accounting policy in adopting fair value method on investment properties. There was a misallocation of the entire revaluation surplus, net of deferred tax in the second quarter as retrospective adjustments were not made over the previous financial years. The previous announcement includes total revaluation surplus, net of deferred tax of RM99 million, of which RM69 million is to be apportioned to the prior financial years.

After the amendments, the profit after tax and minority interest ("PATMI") for the second quarter ended 30 June 2012 has reduced from RM107 million to RM39 million. Excluding the revaluation surplus, net of deferred tax, the core earnings remain unchanged as RM11 million. For the 6 months ended 30 June 2012, the PATMI has reduced from RM119 million to RM51 million. Excluding the revaluation surplus, net of deferred tax, the core earnings remain unchanged as RM23million.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2012
30/06/2011
30/06/2012
30/06/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
117,081
70,663
234,915
128,338
2Profit/(loss) before tax
58,696
25,389
79,685
45,368
3Profit/(loss) for the period
41,643
22,592
57,991
41,135
4Profit/(loss) attributable to ordinary equity holders of the parent
38,826
20,757
51,162
38,891
5Basic earnings/(loss) per share (Subunit)
8.42
4.56
11.12
8.55
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 ($$)
2.3300
2.2300
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

FITTERS - Changes in Director's Interest (S135) - Zahedi Bin Haji Mohd Zain

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced30 Nov 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-121129-EF52C

Information Compiled By KLSE

Particulars of Director

NameZahedi Bin Haji Mohd Zain
Address81, Jalan Athinahapan, Taman Tun Dr. Ismail, 60000 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
29/11/2012
3,000
0.530 

Description of other type of transactionConversion of warrants 2007/2012 into shares
Circumstances by reason of which change has occurredConversion of 3,000 warrants into 3,000 ordinary shares
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)7,516 
Direct (%)0.002 
Indirect/deemed interest (units)276,637 
Indirect/deemed interest (%)0.1 
Date of notice30/11/2012

Remarks :
Direct Interest: -

Name of Total no. of shares Percentage
Registered held after change (%)
Holder
________________ ________________ __________

Zahedi Bin Haji Mohd 7,516 0.002*
Zain

Indirect Interest: -

Name of Total no. of shares Percentage
Registered held after change (%)
Holders
________________ ________________ __________

Sijas Holdings 129,075 0.05*
Sdn Bhd

Saleha & Anak-Anak 147,562 0.05*
Holdings Sdn Bhd
-------------------------- ------------------
276,637 0.10*
============= =========

*The percentage of shareholding was calculated based on total number of issued shares of 291,002,151 excluding treasury shares of 18,510,500 shares as at 28 November 2012.

This Notice was received by the Company on 30 November 2012.

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

Announcement Type: Financial Results
Company NameHARVEST COURT INDUSTRIES BHD  
Stock Name HARVEST  
Date Announced30 Nov 2012  
CategoryFinancial Results
Reference NoCC-121127-66040

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

Attachments

HCIB-Q3 2012 Result.pdf
20 KB

HCIB-Q3 2012 Notes.pdf
46 KB

  • 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
3,779
2,640
15,095
8,729
2Profit/(loss) before tax
-848
-274
-1,985
-1,053
3Profit/(loss) for the period
-828
-275
-1,760
-1,037
4Profit/(loss) attributable to ordinary equity holders of the parent
-810
-272
-1,734
-1,042
5Basic earnings/(loss) per share (Subunit)
-0.41
-0.16
-0.93
-0.61
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 ($$)
0.1854
0.1746
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

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

Announcement Type: Financial Results
Company NamePREMIER NALFIN BERHAD  
Stock Name PREMIER  
Date Announced30 Nov 2012  
CategoryFinancial Results
Reference NoPN-121128-36184

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

Attachments

3rd Q 2012 - Announcement FS- 30 Sept 2012.xls
72 KB

3rd Q 2012- Notes to the Accounts.doc
62 KB

  • 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
964
0
2,877
375,131
2Profit/(loss) before tax
421
28,261
1,346
7,359
3Profit/(loss) for the period
310
28,048
1,009
7,140
4Profit/(loss) attributable to ordinary equity holders of the parent
310
27,894
1,004
7,133
5Basic earnings/(loss) per share (Subunit)
0.09
8.28
0.30
2.12
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 ($$)
0.3360
0.3320
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

PREMIER - OTHERS PREMIER NALFIN BERHAD (“PNB” OR "COMPANY") HEADS OF AGREEMENT BETWEEN PNB, MAGNIPLAN SDN BHD, NOBELMAX RESOURCES SDN BHD AND DATUK MOHD HAFARIZAM We refer to the announcement dated 1 November 2012 (“Announcement”). For consistency purposes, all definitions used in this announcement shall have the same meanings as that provided in the Announcement. PNB wishes to announce that the Company has, on 30 November 2012, agreed to extend the Expiry Date by a further period of three (3) months from the current Expiry Date, i.e. until 28 February 2013. Save for the above, the rest of the terms in the Heads of Agreement remain unchanged. This announcement is dated 30 November 2012.

Announcement Type: General Announcement
Company NamePREMIER NALFIN BERHAD  
Stock Name PREMIER  
Date Announced30 Nov 2012  
CategoryGeneral Announcement
Reference NoPN-121130-57972

TypeAnnouncement
SubjectOTHERS
DescriptionPREMIER NALFIN BERHAD (“PNB” OR "COMPANY")
HEADS OF AGREEMENT BETWEEN PNB, MAGNIPLAN SDN BHD, NOBELMAX RESOURCES SDN BHD AND DATUK MOHD HAFARIZAM

We refer to the announcement dated 1 November 2012 (“Announcement”). For consistency purposes, all definitions used in this announcement shall have the same meanings as that provided in the Announcement.

PNB wishes to announce that the Company has, on 30 November 2012, agreed to extend the Expiry Date by a further period of three (3) months from the current Expiry Date, i.e. until 28 February 2013. Save for the above, the rest of the terms in the Heads of Agreement remain unchanged.

This announcement is dated 30 November 2012.


KKB - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameKKB ENGINEERING BERHAD  
Stock Name KKB  
Date Announced30 Nov 2012  
CategoryGeneral Announcement
Reference NoCC-121130-5A7E7

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionMemorandum of Understanding

Further to the announcement made on 7 November 2012 in relation to the Memorandum of Understanding ("MOU"), KKB Engineering Berhad ("the Company") wishes to announce that the Company and Brooke Dockyard & Engineering Works Corporation had on 30 November 2012 mutually agreed to extend the MOU for another three (3) months effective from 1 December 2012 expiring on 28 February 2013.

All other terms and conditions of the MOU remain unchanged.

This announcement is dated 30 November 2012.

BRAHIMS - OTHERS BRAHIM'S HOLDINGS BERHAD ("the Company") - Borrowing of Funds

Announcement Type: General Announcement
Company NameBRAHIM'S HOLDINGS BERHAD  
Stock Name BRAHIMS  
Date Announced30 Nov 2012  
CategoryGeneral Announcement
Reference NoCA-121130-63302

TypeAnnouncement
SubjectOTHERS
DescriptionBRAHIM'S HOLDINGS BERHAD ("the Company")
- Borrowing of Funds

The Board of Directors of the Company wishes to inform that the Company has on 30 November 2012 signed a fully underwritten financing commitment with Standard Chartered Bank Malaysia Berhad subject to the term and conditions as stipulated in the Term Sheet and Facilities Agreement to fund the purchase price for the proposed acquisition of 49% equity interest in Brahim’s-LSG Sky Chefs Holdings Sdn Bhd for a cash consideration of RM130 million (“Proposed BLH Acquisition”):

 

The financing will be structured as :

 

(a) Amortising Senior Secured Term Loan Facility of up to RM110 million; and

 

(b) Senior Secured Bridge Loan Facility of up to RM50 million.

 

(hereinafter referred to as “Facilities”)

 

The Facilities are for the purposes, in addition to the proposed BLH acquisition, are� for refinancing of the existing indebtedness, general corporate purposes, payment of fees, costs and expenses incurred in connection with the Proposed BLH Acquisition and funding the Debt Service Reserve Account.

 

The Facilities will not have any significant effect on the earnings per share, net assets per share, share capital and substantial shareholders' shareholding of the Company and its Group of Companies for the financial year ending 31 December 2012.

 

The effect on the gearing of Brahim’s Group, after drawing down the Facilities would be 1.11 times for the financial year ending 31 December 2012.

 

None of the Directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Facilities.

 

The Board of Directors of the Company does not envisage any specific risk to be associated with the acceptance of the Facilities, apart for the finance costs.

 

The Board of Directors of the Company is of the opinion that the Facilities are in the best interest of Brahims’ Group.

 

Please refer to the attached media release.

 

This announcement is dated 30 November 2012.

Attachments

Media Release - 30 Nov 2012.pdf
255 KB


Stocks: , , , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)