Company announcements: BKOON, PICORP, THHEAVY, HOVID

BKOON - MULTIPLE PROPOSALS

Announcement Type: General Announcement

Company Name	BOON KOON GROUP BERHAD
Stock Name	BKOON
Date Announced	21 Dec 2012
Category	General Announcement
Reference No	MB-121220-50486

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	BOON KOON GROUP BERHAD (“BKG” OR THE “COMPANY”) PROPOSED CAPITAL REDUCTION; PROPOSED RIGHTS ISSUE WITH FREE WARRANTS; PROPOSED AMENDMENTS; AND PROPOSED EXEMPTION. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 25 October 2012, where applicable, unless stated otherwise or defined herein.) Further to the announcements dated 25 October 2012, 27 November 2012, 7 December 2012 and 11 December 2012, on behalf of the Board of Directors of BKG, AmInvestment Bank Berhad wishes to announce that an application has been submitted today to Bursa Securities for an extension of time for an additional fourteen (14) market days from the date of the receipt of the SC’s consent on the Independent Advice Letter for BKG to issue and despatch the Circular to the shareholders in relation to the Proposals. This announcement is dated 21 December 2012.

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PICORP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement

Company Name	PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name	PICORP
Date Announced	21 Dec 2012
Category	General Announcement
Reference No	CK-121220-69683

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	Pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Malaysia Securities Berhad, the following Directors of the Company has transacted dealings in the securities of the Company as set out in the table hereunder.
Name of Director Date of Transaction Price per Transaction (RM) Acquisition of Shares Direct Indirect No. of ordinary shares of RM0.10 each % No. of ordinary shares of RM0.10 each % Zaid Bin Abdullah 18 Dec 2012 0.15 Nil Nil 34,200 0.005 Zaid Bin Abdullah 19 Dec 2012 0.15 Nil Nil 75,000 0.011 Zaidah Binti Mohd Salleh 18 Dec 2012 0.15 Nil Nil 34,200 0.005 Zaidah Binti Mohd Salleh 19 Dec 2012 0.15 Nil Nil 75,000 0.011

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PICORP - Changes in Sub. S-hldr's Int. (29B) - ZAIDAH BINTI MOHD SALLEH

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

Company Name	PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name	PICORP
Date Announced	21 Dec 2012
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CK-121220-68178

Particulars of substantial Securities Holder

Name	ZAIDAH BINTI MOHD SALLEH
Address	NO. 10 JALAN SRI PETALING 6 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR
NRIC/Passport No/Company No.	541003-10-5580
Nationality/Country of incorporation	MALAYSIAN
Descriptions (Class & nominal value)	ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holder	ZAIYADAL KELUARGA SDN BHD SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG BUSINESS & TECHNOLOGY CENTRE 40150 SHAH ALAM SELANGOR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	18/12/2012	34,200	0.150
Acquired	19/12/2012	75,000	0.150

Circumstances by reason of which change has occurred	ACQUISITION OF SHARES BY ZAIYADAL KELUARGA SDN BHD
Nature of interest	INDIRECT
Direct (units)	8,668,000
Direct (%)
Indirect/deemed interest (units)	354,911,600
Indirect/deemed interest (%)
Total no of securities after change	363,579,600
Date of notice	21/12/2012

Remarks :

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PICORP - Changes in Sub. S-hldr's Int. (29B) - ZAID BIN ABDULLAH

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

Company Name	PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name	PICORP
Date Announced	21 Dec 2012
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CK-121220-68675

Particulars of substantial Securities Holder

Name	ZAID BIN ABDULLAH
Address	NO. 10 JALAN SRI PETALING 6 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR
NRIC/Passport No/Company No.	511215-10-5665
Nationality/Country of incorporation	MALAYSIAN
Descriptions (Class & nominal value)	ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holder	ZAIYADAL KELUARGA SDN BHD SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG BUSINESS & TECHNOLOGY CENTRE 40150 SHAH ALAM SELANGOR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	18/12/2012	34,200	0.150
Acquired	19/12/2012	75,000	0.150

Circumstances by reason of which change has occurred	ACQUISITION OF SHARES BY ZAIYADAL KELUARGA SDN BHD
Nature of interest	INDIRECT
Direct (units)	45,725,100
Direct (%)
Indirect/deemed interest (units)	317,854,500
Indirect/deemed interest (%)
Total no of securities after change	363,579,600
Date of notice	21/12/2012

Remarks :

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PICORP - Changes in Sub. S-hldr's Int. (29B) - ZAIYADAL KELUARGA SDN BHD

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

Company Name	PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name	PICORP
Date Announced	21 Dec 2012
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CK-121220-67622

Particulars of substantial Securities Holder

Name	ZAIYADAL KELUARGA SDN BHD
Address	SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG BUSINESS & TECHNOLOGY CENTRE 40150 SHAH ALAM SELANGOR
NRIC/Passport No/Company No.	243673 V
Nationality/Country of incorporation	MALAYSIA
Descriptions (Class & nominal value)	ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holder	ZAIYADAL KELUARGA SDN BHD SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG BUSINESS & TECHNOLOGY CENTRE 40150 SHAH ALAM SELANGOR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	18/12/2012	34,200	0.150
Acquired	19/12/2012	75,000	0.150

Circumstances by reason of which change has occurred	ACQUISITION FROM OPEN MARKET
Nature of interest	DIRECT
Direct (units)	308,903,000
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	308,903,000
Date of notice	21/12/2012

Remarks :

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PICORP - Changes in Director's Interest (S135) - ZAID BIN ABDULLAH

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name	PICORP
Date Announced	21 Dec 2012
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	CK-121220-69069

Information Compiled By KLSE

Particulars of Director

Name	ZAID BIN ABDULLAH
Address	NO. 10 JALAN SRI PETALING 6 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR
Descriptions(Class & nominal value)	ORDINARY SHARES OF RM0.10 EACH

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	18/12/2012	34,200	0.150
Acquired	19/12/2012	75,000	0.150

Circumstances by reason of which change has occurred	ACQUISITION OF SHARES BY ZAIYADAL KELUARGA SDN BHD
Nature of interest	INDIRECT
Consideration (if any)

Total no of securities after change
Direct (units)	45,725,100
Direct (%)
Indirect/deemed interest (units)	317,854,500
Indirect/deemed interest (%)
Date of notice	21/12/2012

Remarks :

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PICORP - Changes in Director's Interest (S135) - ZAIDAH BINTI MOHD SALLEH

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name	PICORP
Date Announced	21 Dec 2012
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	CK-121220-69382

Information Compiled By KLSE

Particulars of Director

Name	ZAIDAH BINTI MOHD SALLEH
Address	NO. 10 JALAN SRI PETALING 6 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR
Descriptions(Class & nominal value)	ORDINARY SHARES OF RM0.10 EACH

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	18/12/2012	34,200	0.150
Acquired	19/12/2012	75,000	0.150

Circumstances by reason of which change has occurred	ACQUISITION OF SHARES BY ZAIYADAL KELUARGA SDN BHD
Nature of interest	INDIRECT
Consideration (if any)

Total no of securities after change
Direct (units)	8,668,000
Direct (%)
Indirect/deemed interest (units)	354,911,600
Indirect/deemed interest (%)
Date of notice	21/12/2012

Remarks :

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THHEAVY - THHEAVY-Resumption of Trading

Announcement Type: Listing Circular

Company Name	TH HEAVY ENGINEERING BERHAD
Stock Name	THHEAVY
Date Announced	21 Dec 2012
Category	Listing Circular
Reference No	NM-121221-61928

LISTING'S CIRCULAR NO. L/Q : 66800 OF 2012

Further to Listing's Circular No. L/Q 66776 of 2012, kindly be advised that trading in the above Company's securities will resume with effect from 9.00 a.m., Monday, 24 December 2012.

Your attention is drawn to the Company's announcement dated 21 December 2012.

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THHEAVY - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement

Company Name	TH HEAVY ENGINEERING BERHAD
Stock Name	THHEAVY
Date Announced	21 Dec 2012
Category	General Announcement
Reference No	MB-121221-54462

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	TH HEAVY ENGINEERING BERHAD (“THHE” OR THE “COMPANY”) PROPOSED ACQUISITION OF 30% EQUITY INTEREST IN BERLIAN MCDERMOTT SDN BHD (“BMD”); PROPOSED DISPOSAL OF 30% EQUITY INTEREST IN THHE FABRICATORS SDN BHD (“THF”); AND PROPOSED JOINT VENTURE
On behalf of the Board of Directors of THHE (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company has on 21 December 2012 entered into the following agreements: (i) a share purchase agreement (“SPA”) with McDermott (M) Holdings Sdn Bhd (formerly known as Note Encoder Sdn Bhd) (“MDHSB”) for the proposed acquisition by THHE of such numbers of ordinary shares of RM1.00 each in BMD, representing 30% equity interest in BMD from MDHSB, for an indicative RM cash consideration equivalent to USD25.466 million (RM77.926 million)(“Proposed Acquisition of BMD”); and (ii) an SPA with McDermott Capital Malaysia Sdn Bhd (“MDC”), for the proposed disposal by THHE of such numbers of ordinary shares of RM1.00 each in THF, representing 30% equity interest in THF to MDC, for an indicative RM cash consideration equivalent to USD25.466 million (RM77.926 million) (“Proposed Disposal of THF”). THHE will enter into the following joint venture agreements upon the completion of the Proposed Acquisition of BMD and Proposed Disposal of THF for the purpose of the establishment of joint ventures (“Proposed JV”): (i) a JVA with MDHSB, J. Ray McDermott, S.A (“JRMSA”) (both MDHSB and JRMSA are collectively referred to as “McDermott”) and BMD for the purpose of setting out mutually agreed rights, duties, liabilities and obligation vis- -vis each other in relation to the operation of BMD as a joint venture between McDermott and THHE on a 70:30 basis; (ii) a JVA with MDC and THF for the purpose of setting out mutually agreed rights, duties, liabilities and obligation vis- -vis each other in relation to the operation of THF as a joint venture between THHE and MDC on a 70:30 basis; (iii) a JVA with JRMSA and a company to be incorporated at a later date, the primary objective of which is to engage in the provision of front-end engineering and design, construction and installation services (“Engineering Newco”), for the purpose of setting out mutually agreed rights, duties, liabilities and obligation vis- -vis each other in relation to the operation of Engineering Newco as a joint venture between THHE and JRMSA on a 50:50 basis; and (iv) a JVA with JRMSA and a company to be incorporated at a later date, the primary objective of which is to engage in the provision of procurement and project management services (“PMT Newco”), for the purpose of setting out mutually agreed rights, duties, liabilities and obligation vis- -vis each other in relation to the operation of PMT Newco as a joint venture between THHE and JRMSA on a 50:50 basis. Please refer to the announcement as enclosed for further details. This announcement is dated 21 December 2012.

Attachments THHE - Proposals.pdf 380 KB

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HOVID - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings

Company Name	HOVID BERHAD
Stock Name	HOVID
Date Announced	21 Dec 2012
Category	General Meetings
Reference No	OD-121220-65597

Type of Meeting	EGM
Indicator	Notice of Meeting
Description	On behalf of the Board of Directors of Hovid Berhad (“Hovid” or the “Company”), HwangDBS Investment Bank Berhad wishes to announce that the Extraordinary General Meeting (“EGM”) of Hovid will be held at Gopeng Hall, Level 3, Kinta Riverfront Hotel & Suites, Jalan Lim Bo Seng, 30000 Ipoh, Perak Darul Ridzuan on Monday, 18 February 2013 at 10.30 a.m. or at any adjournment thereof. The EGM is for the purpose of considering and if thought fit, passing with or without modification, the resolution as set out in the Notice of EGM to give effect to the proposed renounceable rights issue of up to 571,560,000 five (5)-year warrants (“Warrants”) at an issue price of RM0.02 for each Warrant on the basis of one (1) Warrant for every two (2) existing ordinary shares of RM0.10 each held in Hovid on an entitlement date to be determined later. Please refer to the Notice of EGM as attached for further information. This announcement is dated 21 December 2012.
Date of Meeting	18/02/2013
Time	10:30 AM
Venue	Gopeng Hall, Level 3, Kinta Riverfront Hotel & Suites, Jalan Lim Bo Seng, 30000 Ipoh, Perak Darul Ridzuan
Date of General Meeting Record of Depositors	08/02/2013

Attachments Notice of EGM - Hovid Berhad.pdf 42 KB

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