December 27, 2012

Company announcements: IRCB, SEEHUP, QSR-WB, SEG, BRIGHT

IRCB - PRACTICE NOTE 17 / GUIDANCE NOTE 3:FIRST ANNOUNCEMENT

Announcement Type: General Announcement
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced27 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121227-46521

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
DescriptionINTEGRATED RUBBER CORPORATION BERHAD (“IRCB” or “the Company”)
Criteria and Obligations of Practice Note 17 Companies (“PN 17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”)

Further to our announcements pursuant to Practice Note 1 dated 12 December 2012 (amended announcements dated 13 December 2012 and 14 December 2012), 18 December 2012, 21 December 2012 and 27 December 2012 respectively, the Board of Directors of IRCB wishes to announce that IRCB has triggered the prescribed criteria pursuant to Paragraph 2.1(f) of PN 17 of the MMLR of Bursa Securities and hence IRCB is considered as a PN 17 Company (“First Announcement”).

Please refer to the attachment for full text of the announcement.

This announcement is dated 27 December 2012.

Attachments

IRCB PN 17.pdf
152 KB



IRCB - PRACTICE NOTE 1 / GUIDANCE NOTE 5:OTHERS

Announcement Type: General Announcement
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced27 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121227-46201

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
OTHERS
DescriptionINTEGRATED RUBBER CORPORATION BERHAD ("IRCB" or "the Company")
- Default in Payment pursuant to Practice Note 1 ("PN 1") of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")

We refer to our earlier announcements dated 12 December 2012 (amended announcements dated 13 December 2012 and 14 December 2012), 18 December 2012 and 21 December 2012 respectively.

The Board of Directors of Integrated Rubber Corporation Berhad wishes to announce that Comfort Rubber Gloves Industries Sdn. Bhd. (“CRG”), a wholly-owned subsidiary of the Company, had on 26 December 2012, received a Notice of Recall from Malayan Banking Berhad ("MBB") where MBB had recalled the banking facilities granted to CRG with immediate effect,where the total amount outstanding in the banking facilities is more than 5% of the consolidated net assets of the Company.

In view of all the banks having withdrawn their support for the Group, the Board of Directors is of the opinion that the Company will not be able to pay all the debts as and when they fall due in the next 12 months from the date of this announcement. However, should the standstill agreement be reached with the Group's bankers, solvency of the Company will be restored.

Please refer to the attachment for full text of the announcement.

This announcement is dated 27 December 2012.

Attachments

PN 1 27.12.2012.pdf
80 KB



SEEHUP - SEEHUP- (i) Private Placement of 5,600,000 new ordinary shares of RM1.00 each ("Placement Shares") together with 11,200,000 free Warrants ("Warrants") on the basis of 2 free Warrants for every 1 Placement Share subscribed, at an issue price of RM1.00 per Placement Share ("Private Placement of Shares with Warrants") (ii) Renounceable Rights Issue of up to 9,261,520 new ordinary shares of RM1.00 each ("Rights Shares") together with up to 18,523,040 free Warrants at an issue price of RM1.00 per Rights Share on the basis of 1 Rights Share together with 2 free Warrants for every 5 existing ordinary shares of RM1.00 each ("Shares") held, based on a minimum subscription level of 1,000,000 Rights Shares together with 2,000,000 free Warrants, on an entitlement date to be determined and announced later ("Rights Issue of Shares with Warrants") (iii) Renounceable Rights issue of up to RM23,153,800 nominal value of 5-year, 4.6% irredeemable convertible unsecured loan stocks ("ICULS") at 100% of its nominal value of RM0.10 each ("Rights ICULS") on the basis of RM1.00 nominal value of the Rights ICULS for every 2 existing Shares held, based on a minimum subscription level of RM4,000,000 nominal value of Rights ICULS, on an entitlement date to be determined and announced later ("Rights Issue of ICULS")

Announcement Type: Listing Circular
Company NameSEE HUP CONSOLIDATED BERHAD  
Stock Name SEEHUP  
Date Announced27 Dec 2012  
CategoryListing Circular
Reference NoNS-121226-65815

LISTING'S CIRCULAR NO. L/Q : 66825 OF 2012

Pleased to advised that SEEHUP's:-

(i) additional 4,596,465 Rights Shares issued pursuant to the Rights Issue of Shares with Warrants; and

(ii) additional 5,600,000 Placement Shares issued pursuant to the Private Placement of Shares with Warrants;

will be granted listing and quotation with effect from 9.00 a.m., Monday, 31 December 2012.

We are also pleased to advise that SEEHUP's:-

(i) 20,392,930 Warrants issued pursuant to the Private Placement of Shares with Warrants and Rights Issue of Shares with Warrants; and

(ii) RM5,107,092.50 nominal value of ICULS issued pursuant to the Rights Issue of ICULS.

will be admitted to the Official List of Bursa Securities and the listing of and quotation for the Warrants and ICULS on the Main Market will be granted with effect from 9.00 a.m., Monday, 31 December 2012.

The Stock Short Name, Stock Number and ISIN Code of the Warrants and ICULS are as follows:-

Particulars
Warrants
ICULS
Stock Short Name
SEEHUP-WA
SEEHUP-LA
Stock Number
7053WA
7053LA
ISIN Code
MYL7053WARC1
MYL7053LARC4




QSR-WB - Others

Announcement Type: Entitlements (Notice of Book Closure)
Company NameQSR BRANDS BHD  
Stock Name QSR-WB  
Date Announced27 Dec 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoOI-121227-63774

EX-date09/01/2013
Entitlement date11/01/2013
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionPayment to warrantholders by way of a special resolution as provided in the deed poll (“Warrant Scheme”)
Period of interest payment11/01/2013 to 11/01/2013
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noPro Corporate Management Services Sdn Bhd
Suite 12B, Tingkat 12
Menara Ansar
No 65 Jalan Trus
80000 Johor Bahru
Johor
Tel. No.: 07 - 226 7476
Fax No.: 07 - 222 3044
Payment date 25/01/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers11/01/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency3.79

Remarks :
The trading of warrants in QSR Brands Bhd (“QSR” or the “Company”) (“QSR Warrants”) on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be suspended with effect from 9.00 a.m. on Monday, 7 January 2013, which is three (3) clear market days prior to the Entitlement Date (as defined herein). Accordingly, the last day of trading of QSR Warrants on the Main Market of Bursa Securities prior to the suspension shall be 5.00 p.m. on Friday, 4 January 2013. For the avoidance of doubt, QSR Warrants will no longer be traded on the Main Market of Bursa Securities after the trading of QSR Warrants is suspended with effect from 9.00 a.m. on Monday, 7 January 2013 until the de-listing of QSR from the Official List of Bursa Securities.

Under the Warrant Scheme, all the warrantholders of QSR, whose names appear on the Record of Depositors of the Company at the close of business at 5.00 p.m. on Friday, 11 January 2013 (“Entitlement Date”) will be entitled to the Warrant Scheme in respect of:

(i) QSR Warrants transferred into the respective warrantholders’ Central Depository System accounts on or before 4.00 p.m. on Friday, 11 January 2013; and

(ii) QSR Warrants bought on Bursa Securities on a cum-entitlement basis according to the rules of Bursa Securities,

and shall receive a payment of RM3.79 in cash for each existing QSR Warrant held, being the difference between the capital returned to shareholders of QSR of RM6.80 per ordinary shares of RM1.00 each in QSR (“QSR Shares”) pursuant to the capital repayment by way of a capital reduction exercise pursuant to Section 64 of the Companies Act, 1965 (“Capital Repayment”) and the warrants exercise price of RM3.01 per QSR Warrant. You do not need to exercise your QSR Warrants in order to participate in the Capital Repayment as you will receive RM3.79 for every QSR Warrant that you hold. The payment for the Warrant Scheme is expected to be made by 25 January 2013.

Nevertheless, should you wish to exercise the QSR Warrants, the last date and time for the exercise of the QSR Warrants will be accelerated to 5.00 p.m. on Monday, 31 December 2012, being the 8th market day prior to the Entitlement Date (“Last Exercise Date”).

If you wish to dispose of the QSR Shares in the market after the exercise of your QSR Warrants, we would recommend that you exercise your QSR Warrants prior to the Last Exercise Date.

For the purpose of facilitating the Capital Repayment, the trading of QSR Shares in the market will be suspended with effect from 9.00 a.m. on Monday, 7 January 2013, being three (3) clear market days prior to 11 January 2013 which is the entitlement date for the Capital Repayment. Thereafter QSR Shares will no longer be traded on the market. Under such circumstances, you will be treated as one of our shareholders as at the Entitlement Date, and be entitled to the Capital Repayment.

An application shall be made to Bursa Securities for the de-listing of QSR from the Official List of Bursa Securities in due course.

The notice to warrantholders in relation to the suspension of trading of QSR Warrants and the Entitlement Date for the Warrant Scheme will be despatched to QSR warrantholders on 28 December 2012.

All enquiries relating to this notice of Book Closure Date should be addressed to the Share Registrar at the above-mentioned address.

This announcement is dated 27 December 2012.


QSR-WB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameQSR BRANDS BHD  
Stock Name QSR-WB  
Date Announced27 Dec 2012  
CategoryGeneral Announcement
Reference NoOI-121227-63708

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionQSR BRANDS BHD (“QSR” OR THE “COMPANY”)

NOTICE TO OUR WARRANTHOLDERS IN RELATION TO THE SUSPENSION OF TRADING OF THE WARRANTS IN QSR (“QSR WARRANTS”) AND THE ENTITLEMENT DATE FOR THE PAYMENT TO WARRANTHOLDERS BY WAY OF A SPECIAL RESOLUTION AS PROVIDED IN THE DEED POLL (“WARRANT SCHEME”)
NOTICE IS HEREBY GIVEN THAT the trading of QSR Warrants on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be suspended with effect from 9.00 a.m. on Monday, 7 January 2013, being three (3) clear market days prior to the Entitlement Date (as defined herein). Accordingly, the last day of trading of QSR Warrants on the Main Market of Bursa Securities prior to the suspension shall be 5.00 p.m. on Friday, 4 January 2013. For the avoidance of doubt, QSR Warrants will no longer be traded on the Main Market of Bursa Securities after the trading of QSR Warrants is suspended with effect from 9.00 a.m. on Monday, 7 January 2013 until the de-listing of QSR from the Official List of Bursa Securities.
Under the Warrant Scheme, all the warrantholders of QSR, whose names appear on the Record of Depositors of the Company at the close of business at 5.00 p.m. on Friday, 11 January 2013 (“Entitlement Date”) will be entitled to the Warrant Scheme in respect of:

(i) QSR Warrants transferred into the respective warrantholders’ Central Depository System accounts on or before 4.00 p.m. on Friday, 11 January 2013; and
    (ii) QSR Warrants bought on Bursa Securities on a cum-entitlement basis according to the rules of Bursa Securities.

    and shall receive a payment of RM3.79 in cash for each existing QSR Warrant held, being the difference between the capital returned to the shareholders of QSR of RM6.80 per ordinary shares of RM1.00 each in QSR (“QSR Shares”) pursuant to the capital repayment by way of a capital reduction exercise pursuant to Section 64 of the Companies Act, 1965 (“Capital Repayment”) and the warrants exercise price of RM3.01 per QSR Warrant. You do not need to exercise your QSR Warrants in order to participate in the Capital Repayment as you will receive RM3.79 for every QSR Warrant that you hold. The payment for the Warrant Scheme is expected to be made by 25 January 2013.

    Nevertheless, should you wish to exercise the QSR Warrants, the last date and time for the exercise of the QSR Warrants will be accelerated to 5.00 p.m. on Monday, 31 December 2012, being the 8th market day prior to the Entitlement Date (“Last Exercise Date”).

    If you wish to dispose of the QSR Shares in the market after the exercise of your QSR Warrants, we would recommend that you exercise your QSR Warrants prior to the Last Exercise Date. For the purpose of facilitating the Capital Repayment, the trading of QSR Shares in the market will be suspended with effect from 9.00 a.m. on Monday, 7 January 2013, being three (3) clear market days prior to 11 January 2013 which is the entitlement date for the Capital Repayment. Thereafter QSR Shares will no longer be traded on the market. Under such circumstances, you will be treated as one of our shareholders as at the Entitlement Date, and be entitled to the Capital Repayment.

    An application shall be made to Bursa Securities for the de-listing of QSR from the Official List of Bursa Securities in due course.

    Please refer to the notice to warrantholders dated 28 December 2012 for further information on the suspension of trading of QSR Warrants and the Entitlement Date.

    By Order of the Board

    IDHAM JIHADI BIN ABU BAKAR, ACIS (MAICSA 7007381)
    HENG AI LENG, ACIS (MAICSA 7017245)

    Company Secretaries

    Kuala Lumpur
    28 December 2012


    SEG - Changes in Sub. S-hldr's Int. (29B) - Rodney Chadwick Muse

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameSEG INTERNATIONAL BHD  
    Stock Name SEG  
    Date Announced27 Dec 2012  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoSI-121227-60780

    Particulars of substantial Securities Holder

    NameRodney Chadwick Muse
    AddressNo. 17 Bangsar Hill
    26 Jalan Medang Serai
    Bukit Bandaraya
    59100 Kuala Lumpur
    NRIC/Passport No/Company No.R0050268
    Nationality/Country of incorporationSt Kitts and Nevis
    Descriptions (Class & nominal value)Five (5)-Year 2010/2015 Warrants ("Warrants")
    Name & address of registered holderPinnacle Heritage Solutions Sdn Bhd ("PHS")
    Level 21, Suite 21.01
    The Gardens South Tower
    Mid Valley City
    Lingkaran Syed Putra
    59200 Kuala Lumpur

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired26/12/2012
    170,000
     

    Circumstances by reason of which change has occurredAcquisition of 170,000 Warrants from the open market on 26 December 2012 by PHS.
    Nature of interestDeemed interested in such Warrants held by PHS by virtue of Section 6A of the Companies Act, 1965.
    Direct (units)
    Direct (%)
    Indirect/deemed interest (units)60,023,600 
    Indirect/deemed interest (%)71.88 
    Total no of securities after change60,023,600
    Date of notice26/12/2012

    Remarks :
    This announcement is dated 27 December 2012.


    SEG - Changes in Sub. S-hldr's Int. (29B) - Pinnacle Heritage Solutions Sdn Bhd

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameSEG INTERNATIONAL BHD  
    Stock Name SEG  
    Date Announced27 Dec 2012  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoSI-121227-61011

    Particulars of substantial Securities Holder

    NamePinnacle Heritage Solutions Sdn Bhd
    AddressLevel 21, Suite 21.01
    The Gardens South Tower
    Mid Valley City
    Lingkaran Syed Putra
    59200 Kuala Lumpur
    NRIC/Passport No/Company No.980644-K
    Nationality/Country of incorporationMalaysia
    Descriptions (Class & nominal value)Ordinary shares of RM0.25 each (“Shares”)
    Name & address of registered holderPinnacle Heritage Solutions Sdn Bhd
    Level 21, Suite 21.01
    The Gardens South Tower
    Mid Valley City
    Lingkaran Syed Putra
    59200 Kuala Lumpur

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired26/12/2012
    160,000
     

    Circumstances by reason of which change has occurredAcquisition of 160,000 Shares from the open market on 26 December 2012.
    Nature of interestDirect interest
    Direct (units)266,239,604 
    Direct (%)41.68 
    Indirect/deemed interest (units)158,840,480 
    Indirect/deemed interest (%)24.86 
    Total no of securities after change425,080,084
    Date of notice26/12/2012

    Remarks :
    This announcement is dated 27 December 2012.


    SEG - Changes in Sub. S-hldr's Int. (29B) - Pinnacle Heritage Solutions Sdn Bhd

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameSEG INTERNATIONAL BHD  
    Stock Name SEG  
    Date Announced27 Dec 2012  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoSI-121227-61217

    Particulars of substantial Securities Holder

    NamePinnacle Heritage Solutions Sdn Bhd
    AddressLevel 21, Suite 21.01
    The Gardens South Tower
    Mid Valley City
    Lingkaran Syed Putra
    59200 Kuala Lumpur
    NRIC/Passport No/Company No.980644-K
    Nationality/Country of incorporationMalaysia
    Descriptions (Class & nominal value)Five (5)-Year 2010/2015 Warrants ("Warrants")
    Name & address of registered holderPinnacle Heritage Solutions Sdn Bhd
    Level 21, Suite 21.01
    The Gardens South Tower
    Mid Valley City
    Lingkaran Syed Putra
    59200 Kuala Lumpur

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired26/12/2012
    170,000
     

    Circumstances by reason of which change has occurredAcquisition of 170,000 Warrants from the open market on 26 December 2012.
    Nature of interestDirect interest
    Direct (units)1,840,000 
    Direct (%)2.2 
    Indirect/deemed interest (units)58,183,600 
    Indirect/deemed interest (%)69.68 
    Total no of securities after change60,023,600
    Date of notice26/12/2012

    Remarks :
    This announcement is dated 27 December 2012.


    BRIGHT - Notice of Interest Sub. S-hldr (29A) - Lye Jun Fei

    Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
    Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
    Stock Name BRIGHT  
    Date Announced27 Dec 2012  
    CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
    Reference NoBP-121227-60172

    Particulars of Substantial Securities Holder

    NameLye Jun Fei
    AddressNo 12, Jalan SP3, Taman Sri Putra, 47000 Sungai Buloh
    NRIC/Passport No/Company No.810312-14-5781
    Nationality/Country of incorporationMalaysian
    Descriptions (Class & nominal value)Ordinary Shares of RM 1.00 each
    Name & address of registered holderLye Jun Fei
    No 12, Jalan SP3, Taman Sri Putra, 47000 Sungai Buloh

    Date interest acquired & no of securities acquired

    CurrencyMalaysian Ringgit (MYR)
    Date interest acquired20/12/2012
    No of securities2,303,900
    Circumstances by reason of which Securities Holder has interestAcquisition
    Nature of interestDirect
    Price Transacted ($$)

    Total no of securities after change

    Direct (units)2,303,900 
    Direct (%)0.0532 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Date of notice24/12/2012


    BRIGHT - Notice of Interest Sub. S-hldr (29A) - Tee Wee Keat

    Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
    Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
    Stock Name BRIGHT  
    Date Announced27 Dec 2012  
    CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
    Reference NoBP-121227-59527

    Particulars of Substantial Securities Holder

    NameTee Wee Keat
    AddressNo 9, Jalan Desa Residen 1,Levenue Desa Parkcity, 52200 Kuala Lumpur
    NRIC/Passport No/Company No.810714-14-5741
    Nationality/Country of incorporationMalaysian
    Descriptions (Class & nominal value)Ordinary Shares of RM 1.00 each
    Name & address of registered holderTee Wee Keat
    No 9, Jalan Desa Residen 1, Levenue Desa Parkcity, 52200 Kuala Lumpur

    Date interest acquired & no of securities acquired

    CurrencyMalaysian Ringgit (MYR)
    Date interest acquired20/12/2012
    No of securities2,377,000
    Circumstances by reason of which Securities Holder has interestAcquisition
    Nature of interestDirect
    Price Transacted ($$)

    Total no of securities after change

    Direct (units)2,377,000 
    Direct (%)0.0549 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Date of notice24/12/2012


    No comments:

    Post a Comment