December 20, 2012

Company announcements: KONSORT, SPSETIA, BONIA, WCT

KONSORT - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameKONSORTIUM LOGISTIK BERHAD  
Stock Name KONSORT  
Date Announced20 Dec 2012  
CategoryAdditional Listing Announcement (ALA)
Reference NoKL-121220-5AD5E

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployees' Share Option Scheme
No. of shares issued under this corporate proposal20,000
Issue price per share ($$)MYR 1.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units252,318,358
CurrencyMYR 252,318,358.000
Listing Date26/12/2012


KONSORT - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameKONSORTIUM LOGISTIK BERHAD  
Stock Name KONSORT  
Date Announced20 Dec 2012  
CategoryAdditional Listing Announcement (ALA)
Reference NoKL-121220-53256

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployees' Share Option Scheme
No. of shares issued under this corporate proposal2,000
Issue price per share ($$)MYR 1.150
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units252,298,358
CurrencyMYR 252,298,358.000
Listing Date26/12/2012


SPSETIA - Changes in Director's Interest (S135) - DATO' TEOW LEONG SENG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced20 Dec 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoC&-121220-3C613

Information Compiled By KLSE

Particulars of Director

NameDATO' TEOW LEONG SENG
AddressNO. 3, JALAN TROPICANA UTAMA, TROPICANA GOLF & COUNTRY RESORT, 47410 PETALING JAYA, SELANGOR DARUL EHSAN
Descriptions(Class & nominal value)Ordinary Shares-RM0.75

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
20/12/2012
16,399
 

Circumstances by reason of which change has occurredOpen Market Disposal
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice20/12/2012


BONIA - OTHERS Group Internal Restructuring

Announcement Type: General Announcement
Company NameBONIA CORPORATION BERHAD  
Stock Name BONIA  
Date Announced20 Dec 2012  
CategoryGeneral Announcement
Reference NoBC-121127-3A4D1

TypeAnnouncement
SubjectOTHERS
DescriptionGroup Internal Restructuring

1. Introduction

The Board of Directors of Bonia Corporation Berhad (“Bonia” or “the Company”) wishes to announce that the Company had on 19 December 2012 carried out an internal restructuring whereby Bonia has disposed of its entire equity interest in the following subsidiaries to SBG Holdings Sdn Bhd (“SBG”), a wholly-owned subsidiary of the Company for a total consideration of RM24,831,113, to be satisfied by SBG via an allotment and issuance of 24,831,113 new ordinary shares of RM1.00 each in SBG at an issue price of RM1.00 per new ordinary share credited as fully paid to Bonia. (“Group Internal Restructuring”):-

No.

Subsidiary

Equity Structure prior to Group Internal Restructuring

Principal activities

Disposal Consideration (RM)

1.

SBL Marketing Sdn Bhd (“SBL”)

Issued and paid-up capital of RM500,000 divided into 500,000 ordinary shares of RM1.00 each, wholly-owned by Bonia

Designing, promoting and marketing of fashionable leather goods

12,852,462

2.

SB Boutique Sdn Bhd (“SBB”)

Issued and paid-up capital of RM1,000,000 divided into 1,000,000 ordinary shares of RM1.00 each, wholly-owned by Bonia

Franchising of leather goods and apparels

8,624,539

3.

SBFW Marketing Sdn Bhd (“SBF”)

Issued and paid-up capital of RM500,000 divided into 500,000 ordinary shares of RM1.00 each, wholly-owned by Bonia

Wholesaling, retailing and marketing of fashionable ladies’ footwear

3,354,110

4.

SB International Sdn Bhd (“SBI”)

Issued and paid-up capital of RM2 divided into 2 ordinary shares of RM1.00 each, wholly-owned by Bonia

Marketing and distribution of fashionable goods and accessories

2

Total:

24,831,113

2. Information on SBG

SBG was incorporated in Malaysia under the Companies Act, 1965 on 26 November 2012 as an investment holding company. The authorised share capital of SBG is RM25 million divided into 25 million shares of RM1 each and the issued and paid-up capital is RM2 divided into 2 ordinary shares of RM1 each wholly-owned by Bonia.

3. Details of the Group Internal Restructuring

The Company had entered into a Share Sale Agreement (“SSA”) with SBG in respect of the disposal of its entire equity interests in SBL, SBB, SBF and SBI to SBG.

Upon completion of the Group Internal Restructuring, SBG, with its enlarged issued and paid-up capital of RM24,831,115 wholly-owned by Bonia, shall become the holding company of SBL, SBB, SBF and SBI.

4. Rationale of the Group Internal Restructuring

The Group Internal Restructuring is undertaken as part of the plan to reorganise and realign the businesses and operational management of the Bonia Group.

5. Disposal Consideration

The Disposal Consideration was arrived at on a willing buyer-willing seller basis after taking into consideration:-

(i) the net tangible assets of SBL, SBB, SBF as at 30 June 2012, and

(ii) the nominal value of SBI (duly incorporated on 30 July 2012).

6. Effects of the Group Internal Restructuring

The Group Internal Restructuring will not have any material impact on the share capital, earnings and net assets of the Company for the financial year ending 30 June 2013.

7. Approvals Required

The Group Internal Restructuring is not subject to any regulatory and/or shareholders’ approvals save for the Inland Revenue Board (Stamp Duty Office) of Malaysia for stamp duty exemption with regards to the transfer of the SBL, SBB, SBF and SBI shares from Bonia to SBG.

8. Interests of Directors’, Major Shareholders and Persons Connected

None of the Directors and to the best knowledge of the Directors, none of the major shareholders or person connected to them has any interest, direct or indirect in the Group Internal Restructuring.

9. Statement by Directors

Having considered all relevant aspects of the Group Internal Restructuring, the Board of Directors of Bonia is of the opinion that the Group Internal Restructuring is in the best interest of the Bonia Group.

10. Documents for Inspection

A copy each of the SSA is available for inspection at the Company’s registered office at Lot 10, The Highway Centre, Jalan 51/205, 46050 Petaling Jaya, Selangor Darul Ehsan during normal business hours on any weekday (except for public holidays) for a period of three(3) months from the date hereof.

This announcement is dated 20 December 2012.



WCT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT BERHAD  
Stock Name WCT  
Date Announced20 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-121220-60A86

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPFACT1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (78,573,874 Shares)
Employees Provident Fund Board (1,497,500 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KIB)(466,700 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(HDBS)(5,455,300 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) (1,519,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ALLIANCE INV) (2,250,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (3,180,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (5,131,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (1,400,000 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/12/2012
200,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Direct (units)99,473,374 
Direct (%)10.49 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change99,473,374
Date of notice20/12/2012

Remarks :
Form 29B dated 18 December 2012 was received on 20 December 2012.


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