HLBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | HONG LEONG BANK BERHAD |
| Stock Name | HLBANK |
| Date Announced | 5 Dec 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | HB-121205-84CEF |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each ("Shares") |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - 214,533,232 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AMUNDI) - 1,225,000 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (HDBS) - 3,629,600 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) - 674,120 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (MAYBAN) - 151,000 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) - 4,347,040 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) - 300,000 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) - 3,268,980 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) - 110,200 Shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ABERDEEN) - 3,030,000 Shares |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 30/11/2012 | 312,800 |
| Remarks : |
| Received's EPF notice dated 3 December 2012 on 5 December 2012. This announcement is dated 5 December 2012. |
DKSH - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Angkatan Tentera
| Company Name | DKSH HOLDINGS (MALAYSIA) BERHAD |
| Stock Name | DKSH |
| Date Announced | 5 Dec 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DH-121205-6AC70 |
Particulars of substantial Securities Holder
| Name | Lembaga Tabung Angkatan Tentera |
| Address | Tingkat 10-12, Bangunan LTAT, Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia |
| NRIC/Passport No/Company No. | ACT1011973 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Lembaga Tabung Angkatan Tentera ("LTAT") Tingkat 10-12, Bangunan LTAT, Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 28/11/2012 | 217,800 | |
| Acquired | 29/11/2012 | 27,000 | |
| Acquired | 30/11/2012 | 5,700 | |
| Acquired | 03/12/2012 | 17,000 |
| Remarks : |
| This announcement is based on the information in LTAT's Notice of Change in the Interest of Substantial Shareholder (Form 29B) dated 5 December 2012. The said Form 29B was received by the Company on 5 December 2012. |
ANNJOO - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | ANN JOO RESOURCES BERHAD |
| Stock Name | ANNJOO |
| Date Announced | 5 Dec 2012 |
| Category | General Announcement |
| Reference No | CA-121205-65636 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | ANN JOO RESOURCES Berhad (“AJR” or “the Company”) PROPOSED DISPOSAL OF ENTIRE INVESTMENT IN ANSHIN PRECISION INDUSTRIES SDN BHD (“PROPOSED DISPOSAL”) |
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CRESNDO-LB - Interest Payment
| Company Name | CRESCENDO CORPORATION BERHAD |
| Stock Name | CRESNDO-LB |
| Date Announced | 5 Dec 2012 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-121203-4A942 |
| Remarks : |
| 1. In accordance with Clause 1.2 (h) of the Trust Deed dated 27th November, 2008 governing the ICULS, as the payment of interest due falls on 12th January, 2013, which is a Saturday and not a business day, it shall be paid on the succeeding business day that is on 14th January, 2013. 2. All future interest payments on the ICULS, including that payable on 14th January, 2013, will be paid electronically to ICULS holders who have provided their bank account information to Bursa Malaysia Depository Sdn. Bhd |
SEEHUP - MATERIAL LITIGATION
| Company Name | SEE HUP CONSOLIDATED BERHAD |
| Stock Name | SEEHUP |
| Date Announced | 5 Dec 2012 |
| Category | General Announcement |
| Reference No | CC-121205-54834 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | SEE HUP CONSOLIDATED BERHAD (“SEE HUP” OR THE “COMPANY”) FURTHER DEVELOPMENT ON MATERIAL LITIGATION |
We refer to our announcements on 13 January 2012, 17 January 2012, 28 February 2012, 1 March 2012, 5 March 2012, 9 March 2012, 27 March 2012, 16 April 2012, 4 May 2012, 18 May 2012, 17 July 2012, 17 August 2012 and 8 November 2012. | |
SPSETIA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 5 Dec 2012 |
| Category | General Announcement |
| Reference No | SP-121205-62149 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | TENDER FOR PURCHASE OF A PIECE OF FREEHOLD LAND HELD UNDER GERAN 10567, LOT 258, SEKSYEN 089A, BANDAR KUALA LUMPUR, DAERAH KUALA LUMPUR, WILAYAH PERSEKUTUAN MEASURING APPROXIMATELY 12,456 SQUARE METRES TOGETHER WITH BUILDINGS AND AMENITIES ERECTED THEREON BY SETIA HICON SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF S P SETIA, FOR A TOTAL PRICE OF RM294,965,304.00. |
1. ������� INTRODUCTION The Board of Directors of S P Setia (“Board”) wishes to announce that the tender for purchase by Setia Hicon Sdn Bhd (“Setia Hicon” or “Purchaser”), a wholly-owned subsidiary of S P Setia, of a piece of land held under Geran 10567, Lot 258, Seksyen 089A, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan measuring approximately 12,456 square metres together with the buildings and amenities erected thereon (“Property”) at a total price of RM294,965,304.00 (“Purchase Consideration”) has been accepted by The Secretary of State for Foreign and Commonwealth Affairs of the United Kingdom of Great Britain and Northern Ireland (“Vendor”). In this connection, the Vendor and the Purchaser have on 5 December 2012 entered into an agreement (“SPA”) for the sale and purchase of the Property (“Proposed Acquisition”). 2. ������� INFORMATION ON SETIA HICON Setia Hicon is a private limited company incorporated in Malaysia under the Companies Act, 1965 on 26 January 1999. The present authorized share capital is RM100,000.00 comprising 100,000 ordinary shares of RM1.00 each of which 1,000 shares are issued and fully paid up. Setia Hicon is presently dormant. 3. ������� INFORMATION ON THE SECRETARY OF STATE FOR FOREIGN AND COMMONWEALTH AFFAIRS OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND The Secretary of State for Foreign and Commonwealth Affairs of the United Kingdom of Great Britain and Northern Ireland is the owning entity of the Property held by the British Government in relation to its diplomatic & trade operations in Malaysia. 4.�������� INFORMATION ON THE PROPERTY The Property, currently occupied by The British High Commission at Kuala Lumpur, is located at No. 185, Jalan Ampang and is held under Geran 10567, Lot 258, Seksyen 089A, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan, a piece of freehold land measuring approximately 12,456 square metres. The Property includes a 3-storey building, a 2 storey clubhouse with ancillary buildings and a swimming pool erected thereon. The land is fairly regular in shape and generally flat in terrain. The property is located in the neighbourhood popularly known as “Embassy Row” as there are a number of major embassies in the vicinity. It is also adjacent to the ultra-high end residential enclave of Ampang Hilir / U-Thant which is characterized by low-density luxury apartment developments as well as large, individually-designed detached houses. Kuala Lumpur City Centre (KLCC), home of the Petronas Twin Towers, lies less than one (1) km due west of the property. 5. ������� DETAILS OF THE PROPOSED ACQUISITION 5.1. ���� Salient Terms of the Proposed Acquisition 5.1.1��� Basis of Consideration The Purchase Consideration of RM294,965,304 was computed at the rate of RM2,200 per square foot based on the land area of 134,075.138 square feet / 12,456 square metres having taken into consideration the location of the Property in the immediate vicinity of KLCC within the Golden Triangle and its development potential. Given the Group’s knowledge of the market value of properties around the area, no independent market valuation was carried out on the Property. 5.1.2. � Payment of Purchase Consideration and Time Frame for Completion The Purchase Consideration will be satisfied wholly in cash by the Purchaser in the following manner:- (i) ������� deposit amounting to RM29,496,530.40 representing 10% of the Purchase Consideration upon the execution of the SPA; and (ii) ������ the balance of the Purchase Consideration of RM265,468,773.60 �representing 90% of the Purchase Consideration is payable on 15 April 2013. The funding for the Purchase Consideration and development cost of the project will be through a combination of internal funds and/or bank borrowings, the actual mix of which can only be determined later. 5.1.3��� Special Condition Relating to Tenancy It is a condition of the SPA that upon completion of the sale and purchase of the Property the Purchaser shall grant to the Vendor a tenancy of the Said Property for a period of twelve (12) months subject to an extension of not exceeding six (6) months from the expiry of the initial term. The tenancy may be determined earlier by the Vendor giving the Purchaser one (1) month prior notice. 5.2. ���� Liabilities to be Assumed There are no liabilities including contingent liabilities and guarantees to be assumed by S P Setia Group arising from the Proposed Acquisition. 5.3. ���� Completion of the Proposed Acquisition Barring unforeseen circumstances, the Proposed Acquisition is expected to be completed during the first half of financial year ending 31 October 2013. 6. ������� ECONOMIC OUTLOOK AND PROSPECTS The Malaysian economy is expected to strengthen further and projected to grow at a faster rate of 4.5% to 5.5% in 2013 supported by strong domestic demand. Domestic demand will be the main driver of the Malaysian economy supported by private and public sector expenditure. Growth in private consumption is expected to expand by 5.7% (forecast 2012: 7.0%) buoyed by stable employment coupled with rising incomes and the wealth effect from the stable performance of the stock market following strong domestic economic activities. Private investment is expected to post a strong growth of 13.3% in 2013 (forecast 2012: 11.7%) underpinned by the ongoing implementation of the Economic Transformation Programme and vibrant construction activity. Public investment will continue to support growth and is expected to expand to 4.2% (forecast 2012: 15.9%) driven largely led by higher capital outlays by the Non-Financial Public Enterprises’ capital spending on oil and gas, telecommunications and transport-related industries and development expenditure by the federal government. Source: Economic Report 2012/ 2013 – Ministry of Finance
The Property’s strategic location within the immediate vicinity of KLCC is undeniable. The land enjoys a wide frontage of 312 feet fronting Jalan Ampang and is highly accessible through Jalan Ampang, the Ampang-KL Elevated Highway, Duta-Ulu Klang Expressway and Middle Ring Road 2. It is also within easy walking distance to the Ampang Park LRT Station. Apart from easy access and excellent transport infrastructure, the Property is located close to every conceivable amenity courtesy of its close proximity to the �Petronas Twin Towers. This includes numerous Grade-A office towers, 5-star hotels, medical centres, the Suria KLCC shopping centre, Dewan Filharmonik Petronas and the Royal Selangor Golf Club, to name but a few. Over the past few years the Group has steadily grown its network of high-net-worth property purchasers who have strongly supported the launch of its numerous investment-grade projects such as KL Eco City in Bangsar, Fulton Lane in Melbourne and 18 Woodsville in Singapore. As the Group expands its business beyond Malaysian shores, with exciting new developments such as the Battersea Power Station project in London, Eco Sanctuary in Singapore and Parque Melbourne in Australia, it is also beginning to acquire a strong following amongst international property investors.� The Proposed Acquisition therefore provides a unique opportunity for S P Setia to acquire a piece of prime freehold land at the very heart of Kuala Lumpur to build investment-grade commercial and residential products to suit the needs of this highly discerning and sophisticated clientele. �The estimated Gross Development Value of the proposed integrated commercial development on the Property, subject to the approval of the authorities for the proposed development and building plans, is approximately RM1.04 billion.
8. ������� EFFECTS OF THE PROPOSED ACQUISITION 8.1. ���� Share Capital and Major Shareholders The Proposed Acquisition which will be satisfied entirely in cash will not have any effect on the share capital and major shareholders of S P Setia. 8.2. ���� Earnings and Net Assets ("NA") The Proposed Acquisition is not expected to have any material effect on the S P Setia Group's earnings and NA for the financial year ending 31 October 2013. However, the Proposed Acquisition is expected to contribute positively to the future earnings and NA of S P Setia. 8.3. ���� Gearing The Proposed Acquisition will not have a material effect on the gearing of S P Setia for the financial year ending 31 October 2013. 9. ������� PERCENTAGE RATIOS The highest percentage ratio applicable for the Proposed Acquisition, pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Securities is 8.6%. 10. ����� DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTEREST None of the Directors or Substantial Shareholders of S P Setia or persons connected to them has any interest, direct or indirect, in the Proposed Acquisition. 11. ����� DIRECTORS’ STATEMENT The Board after having considered all aspects of the Proposed Acquisition is of the opinion that it is in the best interest of S P Setia. 12. ����� APPROVALS REQUIRED The Proposed Acquisition is not subject to the approval of the shareholders of S P Setia. 13. ����� DOCUMENT FOR INSPECTION A copy of the SPA may be inspected at the registered office of S P Setia at Plaza 138, Suite 18.03, 18th Floor, 138 Jalan Ampang, 50450 Kuala Lumpur during normal office hours on Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 5 December 2012. � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � | |
BREM - Notice of Shares Buy Back - Immediate Announcement
| Company Name | BREM HOLDING BERHAD |
| Stock Name | BREM |
| Date Announced | 5 Dec 2012 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CS-121205-208EF |
FRB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | FORMIS RESOURCES BERHAD |
| Stock Name | FRB |
| Date Announced | 5 Dec 2012 |
| Category | General Announcement |
| Reference No | FR-121129-35415 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | EXECUTION OF INVESTMENT AGREEMENT - SUBSCRIPTION OF FIRST TRANCHE OF THE SUBSCRIPTION SHARES |
We refer to our announcement made on 17 October 2012 in respect of the execution of Investment Agreement, Shareholders' Agreement and Option Agreement ("Announcement"). For consistency, the abbreviations and definitions used throughout this announcement are the same as the previously defined in the Announcement. The Board of Director of Formis Resources Berhad is pleased to announce that the subscription of the 1st Tranche of the Subscription Shares�by CNA in Yakimbi has been completed on�5�December�2012. This announcement is dated�5 December�2012.� | |
JETSON - Changes in Sub. S-hldr's Int. (29B) - Tee Chee Beng
| Company Name | KUMPULAN JETSON BERHAD |
| Stock Name | JETSON |
| Date Announced | 5 Dec 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-121205-44073 |
Particulars of substantial Securities Holder
| Name | Tee Chee Beng |
| Address | No. 10, Lorong Hujan 1 Taman Overseas Union 58200 Kuala Lumpur |
| NRIC/Passport No/Company No. | 491214-10-5684 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM1.00 each |
| Name & address of registered holder | (i) Tee Chee Beng No. 10, Lorong Hujan 1 Taman Overseas Union 58200 Kuala Lumpur (ii) and (iii) Chang Yin Yee No. 10, Lorong Hujan 1 Taman Overseas Union 58200 Kuala Lumpur (iv) Chang Chee Lup No. 10, Lorong Hujan 1 Taman Overseas Union 58200 Kuala Lumpur (v),(vi) and (vii) Lee Yee Ching 103, Block F, Riana Green Jalan Tropicana Utara 47410 Petaling Jaya Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Remarks : |
| The total indirect interest of 3,795,854 Ordinary Shares of RM1.00 each are held as follows: (i) 2,270,074 Ordinary Shares of RM1.00 each are registered in the name of Chang Yin Yee, child of Tee Chee Beng (ii) 44,255 Ordinary Shares of RM1.00 each are registered in the name of Chang Chee Lup, child of Tee Chee Beng (iii) 1,481,525 Ordinary Shares of RM1.00 each are registered in the name of Lee Yee Ching, niece of Tee Chee Beng The Form 29B was received by the Company on 5 December 2012. |
KPSCB - Changes in Director's Interest (S135) - Koh Poh Seng
| Company Name | KPS CONSORTIUM BERHAD |
| Stock Name | KPSCB |
| Date Announced | 5 Dec 2012 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | KC-121205-D6535 |
Information Compiled By KLSE
Particulars of Director
| Name | Koh Poh Seng |
| Address | No.34, Jalan Hujan Gerimis Dua, Taman Overseas Union, 58200 Kuala Lumpur |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 Each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 20,000 | 0.376 |
| Circumstances by reason of which change has occurred | Acquired in open market. |
| Nature of interest | |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 58,757,925 |
| Direct (%) | 39.75 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 05/12/2012 |
| Remarks : |
| This announcement is served pursuant to Paragraph 14.09 of Chapter 14 of the Main Market Listing Requirements. |
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