Company announcements: RPB, WCT

RPB - Changes in Sub. S-hldr's Int. (29B) - Datin Irene Tan

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	RELIANCE PACIFIC BERHAD
Stock Name	RPB
Date Announced	6 Nov 2012
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	RP-121106-5EB40

Particulars of substantial Securities Holder

Name	Datin Irene Tan
Address	10-5 Desa Angkasa 12 Jalan Taman U-Thant 55000 Kuala Lumpur
NRIC/Passport No/Company No.	550209-08-5014
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary shares of RM0.20 each
Name & address of registered holder	1. AmBank (M) Berhad 8th Floor Bangunan AmBank Group 55 Jalan Raja Chulan, 50200 Kuala Lumpur 2. Dato' Gan Eng Kwong 10-5 Desa Angkasa 12 Jalan Taman U-Thant 55000 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	189,900
Acquired	30/10/2012	16,800

Circumstances by reason of which change has occurred	Purchase of shares
Nature of interest	Indirect interest
Direct (units)	0
Direct (%)	0
Indirect/deemed interest (units)	405,112,920
Indirect/deemed interest (%)	47.19
Total no of securities after change	405,112,920
Date of notice	06/11/2012

Remarks :

Deemed interested by virtue of Section 122(A) being spouse of Dato' Gan Eng Kwong

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RPB - Changes in Sub. S-hldr's Int. (29B) - Dato' Gan Eng Kwong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	RELIANCE PACIFIC BERHAD
Stock Name	RPB
Date Announced	6 Nov 2012
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	RP-121106-42166

Particulars of substantial Securities Holder

Name	Dato' Gan Eng Kwong
Address	10-5 Desa Angkasa 12 Jalan Taman U-Thant 55000 Kuala Lumpur
NRIC/Passport No/Company No.	500624-10-5689
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary shares of RM0.20 each
Name & address of registered holder	1. AmBank (M) Berhad 8th Floor Bangunan AmBank Group 55 Jalan Raja Chulan, 50200 Kuala Lumpur 2. Dato' Gan Eng Kwong 10-5 Desa Angkasa 12 Jalan Taman U-Thant 55000 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	189,900
Acquired	30/10/2012	16,800

Circumstances by reason of which change has occurred	Purchase of shares
Nature of interest	Direct interest and indirect interest
Direct (units)	184,350
Direct (%)	0.02
Indirect/deemed interest (units)	404,928,570
Indirect/deemed interest (%)	47.17
Total no of securities after change	405,112,920
Date of notice	06/11/2012

Remarks :

(i) 29/10/2012 - Direct holdings is 10,000 shares and the balance of 179,900 shares are held under AMBank (M) Berhad. (ii) 30/10/2012 - Direct holdings of 16,800 shares

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WCT - ACQUISITION OF A LEASE OVER THE LAND KNOWN AS PLOT A60, ZONE A, MEDINI BY WCT ACRES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WCT LAND SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF WCT FROM MEDINI LAND SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM99,468,000 (“THE ACQUISITION”)

Announcement Type: General Announcement

Company Name	WCT BERHAD
Stock Name	WCT
Date Announced	6 Nov 2012
Category	General Announcement
Reference No	WW-121106-62763

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	KA-121105-41158
Subject	ACQUISITION OF A LEASE OVER THE LAND KNOWN AS PLOT A60, ZONE A, MEDINI BY WCT ACRES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WCT LAND SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF WCT FROM MEDINI LAND SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM99,468,000 (“THE ACQUISITION”)
Description	We refer to the announcement dated 2 November 2012 in respect of the Acquisition (“Announcement”). Unless otherwise defined, the abbreviations used throughout this announcement shall be the same as those previously defined in the Announcement.
Query Letter Contents	We refer to your Company's announcement dated 2 November 2012 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. To state the following information in respect of the land:- (a.) The net book value, if any. (b.) The encumbrances. (c.) Whether any valuation was conducted on the land, if so, to state the name of the independent registered valuer, date and method of valuation and quantification of the market value. (d.) Any other information as stated in Appendix 10A, Part C (2), (3) and (4). 2. Justification(s) for the Purchase consideration. 3. The risk in relation to the transaction including risk factors of the assets. 4. Particulars of all liabilities including contingent liabilities and guarantees to be assumed by the purchasers arising from the transaction. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully KHOO KAY KWAN Head, Issuers Listing Division Regulation MM/KA copy to:- General Manager & Head, Market Surveillance Department, Securities Commission (via fax)
With reference to your letter dated 5 November 2012 in respect of the Company’s Announcement pertaining to the Acquisition and the Board would like to furnish the following additional information� for public release:- 1.������������ The following additional information in respect of the Land:- � (a)��� The net book value of the Land is not available to be disclosed as WCT is not privy to such information. (b)�� The Land is free from encumbrances. (c)��� As at the date of the Announcement, no valuation has been carried out on the Land. � (d)�� The Company intends to undertake a mix-commercial development project on the Land but it is still at a preliminary stage. 2.������������ The Purchase Consideration of RM99,468,000 for the Acquisition was arrived at on a willing-buyer willing-seller basis after taking into consideration the recent transacted price within the Medini areas, the suitability and strategic location of the Land and its potential development. 3.������������ The risk for the Acquisition will be the general risks associated with the future development on the Land. 4.������������ There are no liabilities to be assumed by WCT Acres including contingent liabilities and guarantees from the Acquisition. This announcement is dated 6th November 2012. � � � � � �

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