HOHUP - Changes in Sub. S-hldr's Int. (29B) - Low Teik Kien
| Company Name | HO HUP CONSTRUCTION COMPANY BHD |
| Stock Name | HOHUP |
| Date Announced | 2 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CS-121102-8822A |
Particulars of substantial Securities Holder
| Name | Low Teik Kien |
| Address | 8, Jalan Teberau,Ukay Heights, Off Jalan Ulu Klang, 68000 Ampang, Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 641002-10-6387 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | CIMSEC Nominees (Tempantan) Sdn. Bhd. CIMB Bank for Low Teik Kien 5th Floor, Bangunan CIMB, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 01/11/2012 | 20,000 | 0.700 |
| Remarks : |
| Direct Interest CIMSEC Nominees (Tempatan) Sdn. Bhd. CIMB Bank for Low Teik Kien - 590,000 ordinary shares Indirect Interest Low Chee & Sons Sdn. Bhd. - 23,112,629 ordinary shares Executors of Estate of Low Chee - 2,050,000 ordinary shares |
PETGAS - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
| Company Name | PETRONAS GAS BERHAD |
| Stock Name | PETGAS |
| Date Announced | 2 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-121102-7C1E6 |
Particulars of substantial Securities Holder
| Name | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) |
| Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM1.00/share |
| Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 29/10/2012 | 800,000 | |
| Acquired | 30/10/2012 | 500,000 | |
| Disposed | 29/10/2012 | 650,000 | |
| Disposed | 30/10/2012 | 50,000 |
| Remarks : |
| Received Form 29B on 2 November 2012 |
SEEHUP - MATERIAL LITIGATION
| Company Name | SEE HUP CONSOLIDATED BERHAD |
| Stock Name | SEEHUP |
| Date Announced | 2 Nov 2012 |
| Category | General Announcement |
| Reference No | CC-121102-63882 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | SEE HUP CONSOLIDATED BERHAD (“SEE HUP” OR THE “COMPANY”) WRIT OF SUMMONS AND STATEMENT OF CLAIM |
We refer to our announcements dated 30 July 2012, 2 August 2012, 13 August 2012, 21 September 2012 and 5 October 2012. The Company wishes to�inform that the verification of the status of CHH Pacific Paper Sdn Bhd is still pending and the learned Judge has fixed 30 November 2012 for hearing of summary judgment application. This announcement is dated 2 November 2012. | |
TIGER - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | TIGER SYNERGY BERHAD |
| Stock Name | TIGER |
| Date Announced | 2 Nov 2012 |
| Category | General Announcement |
| Reference No | MM-121102-55455 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | TIGER SYNERGY BERHAD (“TSB” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 39,410,000 NEW ORDINARY SHARES OF RM0.20 EACH IN TSB (“TSB SHARES” OR “SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TSB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”) |
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.) We refer to our announcement on behalf of TSB made on Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 7 May 2012 (“First Announcement”). We wish to announce that the Proposed Private Placement will be implemented in tranches depending on prevailing market conditions and investors’ interest at the point of implementation. As such, there could potentially be several price-fixing dates and issue prices depending on the number of tranches and timing of implementation. The implementation of the Proposed Private Placement in tranches would allow TSB to identify and secure suitable investors over a period of time to fully subscribe for up to ten per cent (10%) of the issued and paid-up share capital of TSB, taking into account the prevailing market conditions.
The 1st Issue Price represents a discount of approximately 7.32% to the five (5)-day volume weighted average market price of TSB Shares up to and including 1 November 2012, being the market day immediately preceding to the Price-fixing Date of RM0.3345 per TSB Share. Save as disclosed above and in our previous announcements there has been no material changes to all other information set out in our First Announcement. This announcement is dated 2 November 2012. | |
GOLSTA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | GOLSTA SYNERGY BERHAD |
| Stock Name | GOLSTA |
| Date Announced | 2 Nov 2012 |
| Category | General Announcement |
| Reference No | GS-121102-62899 |
| Type | Announcement | ||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS | ||||||||||||||||
| Description | Disposal of an indirect wholly-owned subsidiary, Gothic Assets Sdn Bhd by Golsta Synergy Berhad | ||||||||||||||||
1.
INTRODUCTION The Board of Directors of Golsta Synergy Berhad (“GOLSTA”) wishes to announce that its wholly-owned subsidiary, Golsta Sdn Bhd ("GSB") had on 1st November 2012 entered into a Share Sale Agreement ("SSA") for the disposal of 2 ordinary shares of RM1/- each fully paid ("the Shares") representing 100% equity of Gothic Assets Sdn Bhd ("GASB") to Mr Sivagnanajothy A/L N. Venkatesan (I/C No.580902-01-5839 ) of No. 618, Kampung Tiong Tambahan, 73400 Gemas, Negeri Sembilan for one (1) share and Mr Robin (Passsport No.U317028) of Jalan Bakar Batu No. 23A, RT.001/RW.010. Desa/kel: Kemboja, Kecamatan: Tanjung Pinang Barat, Indonesia for one (1) share (collectively known as "the Purchasers") for a total cash consideration of RM200,000/- and payment of RM3.989 million for advances taken as at 30 June 2012 (“GSB Advances”) by P.T. Bakti Tani Nusantara, a 70%-owned subsidiary of GSB from GOLSTA (“Sale Consideration”) (hereinafter referred to as "the Disposal"). Upon completion of the Disposal, GASB will cease to be a subsidiary of GOLSTA. 2. INFORMATION ON THE DISPOSAL 2.1 Particulars of GSB, GASB AND BTN GSB was incorporated in Malaysia on 19 November 1984. The principal activities of GSB are design, fabrication and installation of industrial plant and process engineering and related components. The authorised share capital of GSB is 3,000,000 divided into 3,000,000 ordinary shares of RM1/- each and the issued and paid up capital is RM3,000,000 comprising of 3,000,000 ordinary shares of RM1/- each fully paid. GASB is a wholly-owned subsidiary of GSB, which in turn is a wholly-owned subsidiary of GOLSTA. GASB was incorporated in Malaysia on 19 May 2003 and its principal activities are investment holding and plantation. The authorised share capital of GASB is RM100,000/- divided into 100,000 ordinary shares of RM1/- each and the issued and paid up capital is RM2/- comprising of 2 ordinary shares of RM1/- each fully paid. GASB has invested and owns 70% of the entire equity interest in PT. Bakti Tani
Nusantara (“BTN”), a company
incorporated in the Republic of Indonesia with its registered office at Batam,
Indonesia. The authorised and paid-up capital of BTN are USD300,000 comprises
of 3,000 shares of USD100.00 each.
BTN is principally involves in cultivation and marketing of oil palm seeds and
seedlings in Indonesia. BTN does not have any subsidiary and associated
company. Based on the audited financial statements of GASB for the financial year ended 31 December 2011 (“FYE 2011”), the net tangible liabilities and loss after tax (“LAT”) of GASB amounted to RM1.182 million and RM44,131/- respectively. The net tangible assets and LAT of BTN in FYE 2011 was RM776,219/- and RM1.3 million respectively.
2.2
Basis of Sale Consideration The Directors are of the view that the Sale Consideration is fair and reasonable.� 2.3 Salient terms of the SSA GSB has agreed to sell and the Purchasers have agreed to purchase the Shares,
as set out in Table 1 below, at the Sale Consideration free from all charges,
claims, liens, pledges, options, assignments, hypothecation, security interest,
pre-emption rights and all other encumbrances whatsoever and with all rights
and benefit which are now or at any time hereafter become attached hereto
without limitation to all bonuses, rights, dividends, distributions and
entitlements thereof declared paid or made as from the Completion Date i.e.
within three (3) months from the date of the SSA or such extended date to be
mutually agreed between GSB and the Purchasers. Table 1
2.4 Original cost of investment The original cost of investment in GASB by GSB was RM2/- on 1 October 2003. GASB has invested RM798,000/- in BTN in November 2007. 2.5 Expected gains or losses arising from the Disposal The Disposal is expected to result in a loss at GOLSTA’s group level of RM463,821/-
for the financial year ending 31 December 2012. In view of the limitations faced by BTN and the difficulties in turning around the business, the Disposal is in line with the strategic direction of GOLSTA to streamline its operation in order to focus on businesses and ventures which are viable and profitable in the mid to long term. As such, the Disposal is considered a timely opportunity for GOLSTA to exit from the non-profitable overseas businesses. 4. FINANCIAL EFFECTS 6. PERCENTAGE RATIO� Based on the latest audited financial statements for the FYE 2011, the highest percentage ratio under Paragraph 10.02(g) of Chapter 10 of the Main Market Listing Requirements applicable to the Disposal is 17.55%, compared with the total assets of GOLSTA. 7. RISK FACTORS The SSA is subject to the full payment of the Sale Consideration by the
Purchasers to GSB within the Completion Date and fulfillment of GSB's and the
Purchasers’ obligation pursuant to the terms in the SSA. | |||||||||||||||||
UMSNGB - Notice of Shares Buy Back - Immediate Announcement
| Company Name | UMS-NEIKEN GROUP BERHAD |
| Stock Name | UMSNGB |
| Date Announced | 2 Nov 2012 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CA-121102-7C7D3 |
RCECAP - Changes in Sub. S-hldr's Int. (29B) - Cempaka Empayar Sdn Bhd
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 2 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | RC-121101-12ABB |
Particulars of substantial Securities Holder
| Name | Cempaka Empayar Sdn Bhd |
| Address | 2-01, Block B, Amcorp Tower Amcorp Trade Centre No. 18 Jalan Persiaran Barat 46050 Petaling Jaya Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 402925-M |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Cempaka Empayar Sdn Bhd 2-01, Block B, Amcorp Tower Amcorp Trade Centre No. 18, Jalan Persiaran Barat 46050 Petaling Jaya Selangor Darul Ehsan BBL Nominees (Tempatan) Sdn Bhd - Pledged securities account for Cempaka Empayar Sdn Bhd 105 Jalan Tun H.S Lee 50000 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 31/10/2012 | 169,713,584 |
| Remarks : |
| The Form 29B was received by the Company on 2 November 2012. |
RCECAP - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Azman Hashim
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 2 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | RC-121101-12AAB |
Particulars of substantial Securities Holder
| Name | Tan Sri Azman Hashim |
| Address | 2 Jalan Teberau 1 Ukay Heights 68000 Ampang |
| NRIC/Passport No/Company No. | 390717-10-5069 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Cempaka Empayar Sdn Bhd 2-01, Block B, Amcorp Tower Amcorp Trade Centre No. 18 Jalan Persiaran Barat 46050 Petaling Jaya Selangor Darul Ehsan BBL Nominees (Tempatan) Sdn Bhd - Pledged securities account for Cempaka Empayar Sdn Bhd 105 Jalan Tun H.S Lee 50000 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 31/10/2012 | 169,713,584 |
| Remarks : |
| The Form 29B was received by the Company on 2 November 2012. |
RCECAP - Changes in Sub. S-hldr's Int. (29B) - Amcorp Group Berhad
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 2 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | RC-121101-12ABA |
Particulars of substantial Securities Holder
| Name | Amcorp Group Berhad |
| Address | 2-01, Block B, Amcorp Tower Amcorp Trade Centre No. 18 Jalan Persiaran Barat 46050 Petaling Jaya Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 1166-T |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Cempaka Empayar Sdn Bhd 2-01, Block B, Amcorp Tower Amcorp Trade Centre No. 18, Jalan Persiaran Barat 46050 Petaling Jaya Selangor Darul Ehsan BBL Nominees (Tempatan) Sdn Bhd - Pledged securities account for Cempaka Empayar Sdn Bhd 105 Jalan Tun H.S Lee 50000 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 31/10/2012 | 169,713,584 |
| Remarks : |
| The Form 29B was received by the Company on 2 November 2012. |
RCECAP - Changes in Sub. S-hldr's Int. (29B) - Clear Goal Sdn Bhd
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 2 Nov 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | RC-121101-12AB9 |
Particulars of substantial Securities Holder
| Name | Clear Goal Sdn Bhd |
| Address | 2-01, Block B, Amcorp Tower Amcorp Trade Centre No. 18 Jalan Persiaran Barat 46050 Petaling Jaya Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 736317-V |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Cempaka Empayar Sdn Bhd 2-01, Block B, Amcorp Tower Amcorp Trade Centre No. 18, Jalan Persiaran Barat 46050 Petaling Jaya Selangor Darul Ehsan BBL Nominees (Tempatan) Sdn Bhd - Pledged securities account for Cempaka Empayar Sdn Bhd 105 Jalan Tun H.S Lee 50000 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 31/10/2012 | 169,713,584 |
| Remarks : |
| The Form 29B was received by the Company on 2 November 2012. |
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