PARKSON - OTHERS Announcement by Parkson Retail Asia Limited - Response to SGX Queries on Announcement of Revision in Utilisation of Initial Public Offering Proceeds
Announcement Type: General Announcement
| Company Name | PARKSON HOLDINGS BERHAD |
| Stock Name | PARKSON |
| Date Announced | 10 Dec 2012 |
| Category | General Announcement |
| Reference No | PH-121210-96F99 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Announcement by Parkson Retail Asia Limited - Response to SGX Queries on Announcement of Revision in Utilisation of Initial Public Offering Proceeds |
We attach herewith an announcement made to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the SGX-ST, on 10 December 2012 in relation to the Response to SGX Queries on Announcement of Revision in Utilisation of Initial Public Offering Proceeds. | |
KPS - MATERIAL LITIGATION
Announcement Type: General Announcement
| Company Name | KUMPULAN PERANGSANG SELANGOR BERHAD |
| Stock Name | KPS |
| Date Announced | 10 Dec 2012 |
| Category | General Announcement |
| Reference No | KP-121210-64677 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | KUMPULAN PERANGSANG SELANGOR BERHAD (“PERANGSANG SELANGOR”) Court of Appeal at Putrajaya, Civil Appeal No. W-02-2105-2011 between Cergas Tegas Sdn. Bhd. (Appellant) -vs- (1) SAP Holdings Berhad and (2) Star Everest Sdn. Bhd. (Respondents) [(i) Kuala Lumpur High Court No. S2-22-185-2004 between Cergas Tegas Sdn Bhd against SAP Holdings Berhad (ii) Kuala Lumpur High Court No. S6-22-280-2006 between Cergas Tegas Sdn Bhd against SAP Holdings Berhad and Star Everest Sdn Bhd ] |
Further to our announcement dated 8 October 2012, Perangsang Selangor wishes to announce the latest development on the above appeal case involving SAP Holdings Berhad (“SAP”), a wholly-owned subsidiary of Kumpulan Hartanah Selangor Berhad (“KHSB”) which in turn is a subsidiary of Perangsang Selangor. The abovementioned appeal was fixed for Decision on 7 December 2012. The appeal in the Court of Appeal was heard on 5 October 2012. KHSB was informed by their solicitor today, that on 7 December 2012, the Court of Appeal held the following : i) that the appeal was allowed with costs of RM50,000.00 in which the decision of the High Court dated 4 August 2011 was overturned. ii) that the termination of the Joint Venture Agreement dated 12 January 1991 and the agreements ancillary thereto (“JVA”) by SAP are wrongful and not valid; iii) that the unilateral revocation of the Power of Attorney in favour of Cergas Tegas Sdn. Bhd. (“CTSB”) dated 28 August 1991 by SAP is not valid and consequently, the Power of Attorney is still valid and binding on SAP; iv) that SAP only has interest and rights to the payment of the balance of the RM23,500,000.00 and not the leasehold land held under HS(D) 20034, PT No. 26549, Mukim Batu, Daerah Gombak, Selangor Darul Ehsan (“Land”) pursuant to the Second Supplementary Agreement; v) that conduct of SAP through up to the date of termination of the JVA was such that SAP only gave effect to the Second Supplementary Agreement and not to the JVA; and vi) SAP’s counterclaim is dismissed. With the above findings, the Court of Appeal among others ordered that : a) SAP transfers the Land to CTSB, subject to payment of the balance purchase price equivalent to RM14,322,173.00 by CTSB to SAP and further subject to redemption by CTSB and also further subject to the status of the forfeiture of the Land by the Selangor State Authority; b) SAP gives vacant possession of the Land to CTSB; c) SAP to pay CTSB for damages to be assessed by the Senior Assistant Registrar of the High Court; and d) An injunction restraining SAP from disposing the Land to Star Everest. The full particulars, findings, grounds and orders made by the Court of Appeal would be found in the Written Judgement which will be available later. As the damages, if any, will be assessed by the Senior Assistant Registrar of the High Court at a later date, the aforementioned Decision by the Court of Appeal for the time being will not have any effect on the issued and paid-up capital of SAP and also on the current year earnings and net assets as the carrying value of the Land, which is the main subject matter of the Decision, has been fully charged out. Any balance payable to SAP as a result of the Decision, however, is expected to contribute positively to the earnings and net assets of KHSB. KHSB is, in the meantime, seeking legal opinion on the course of actions available to KHSB. Perangsang Selangor will make the necessary announcement on further development on this matter in due course. This announcement is dated 10 December 2012. | |
MAXIS - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad- Skim Amanah Saham Bumiputera
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | MAXIS BERHAD |
| Stock Name | MAXIS |
| Date Announced | 10 Dec 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | MM-121210-EA980 |
Particulars of substantial Securities Holder
| Name | AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera |
| Address | Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each in Maxis Berhad ("Maxis Shares") |
| Name & address of registered holder | AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur - in respect of the purchase of 2,300,000 Maxis Shares |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 05/12/2012 | 2,300,000 |
| Remarks : |
| This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 5 December 2012 and received by the Company on 10 December 2012. |
MAXIS - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad- Skim Amanah Saham Bumiputera
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | MAXIS BERHAD |
| Stock Name | MAXIS |
| Date Announced | 10 Dec 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | MM-121210-E8FB9 |
Particulars of substantial Securities Holder
| Name | AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera |
| Address | Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each in Maxis Berhad ("Maxis Shares") |
| Name & address of registered holder | AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur - in respect of the purchase of 2,300,000 Maxis Shares |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 04/12/2012 | 2,300,000 |
| Remarks : |
| This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 4 December 2012 and received by the Company on 10 December 2012. |
MAXIS - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board ("EPF Board")
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | MAXIS BERHAD |
| Stock Name | MAXIS |
| Date Announced | 10 Dec 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | MM-121210-A45C7 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board ("EPF 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 RM0.10 each in Maxis Berhad ("Maxis Shares") |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd EPF Board Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur - in respect of the disposal of 6,000,000 Maxis Shares |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2012 | 6,000,000 |
| Remarks : |
| This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 6 December 2012 and received by the Company on 10 December 2012. The registered holders of the 568,033,000 Maxis Shares are as follows:- Directly held 1. Citigroup Nominees (Tempatan) Sdn Bhd EPF Board - in respect of 518,752,000 Maxis Shares Held through nominee 2. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) - in respect of 2,134,800 Maxis Shares 3. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - in respect of 3,572,100 Maxis Shares 4. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - in respect of 439,100 Maxis Shares 5. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - in respect of 3,137,600 Maxis Shares 6. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - in respect of 300,000 Maxis Shares 7. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ALLIANCE) - in respect of 2,856,000 Maxis Shares 8. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - in respect of 14,220,900 Maxis Shares 9. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - in respect of 19,540,400 Maxis Shares 10. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - in respect of 1,250,000 Maxis Shares 11. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (TEMPLETON) - in respect of 1,830,100 Maxis Shares |
PETGAS - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | PETRONAS GAS BERHAD |
| Stock Name | PETGAS |
| Date Announced | 10 Dec 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-121210-77EBB |
Particulars of substantial Securities Holder
| Name | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) |
| Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM1.00/share |
| Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Remarks : |
| Received Form 29B on 10 December 2012 |
KHSB - MATERIAL LITIGATION
Announcement Type: General Announcement
| Company Name | KUMPULAN HARTANAH SELANGOR BERHAD |
| Stock Name | KHSB |
| Date Announced | 10 Dec 2012 |
| Category | General Announcement |
| Reference No | KH-121210-55886 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | KUMPULAN HARTANAH SELANGOR BERHAD (“KHSB” OR ‘THE COMPANY’) Court of Appeal at Putrajaya, Civil Appeal No. W-02-2105-2011 between Cergas Tegas Sdn. Bhd. (Appellant) -vs- (1) SAP Holdings Berhad and (2) Star Everest Sdn. Bhd. (Respondents) [(i) Kuala Lumpur High Court No. S2-22-185-2004 between Cergas Tegas Sdn. Bhd. against SAP Holdings Berhad (ii) Kuala Lumpur High Court No. S6-22-280-2006 between Cergas Tegas Sdn. Bhd. against SAP Holdings Berhad and Star Everest Sdn. Bhd.] |
Further to our announcement dated 8 October 2012, the Company wishes to announce the latest development on the above appeal case involving SAP Holdings Berhad (“SAP”), a wholly-owned subsidiary of the Company. The abovementioned appeal was fixed for Decision on 7 December 2012. The appeal in the Court of Appeal was heard on 5 October 2012. We were informed by our solicitor today, that on 7 December 2012, the Court of Appeal held the following : i) that the appeal was allowed with costs of RM50,000.00 in which the decision of the High Court dated 4 August 2011 was overturned; ii) that the termination of the Joint Venture Agreement dated 12 January 1991 and the agreements ancillary thereto (“JVA”) by SAP are wrongful and not valid; iii) that the unilateral revocation of the Power of Attorney in favour of Cergas Tegas Sdn. Bhd. (“CTSB”) dated 28 August 1991 by SAP is not valid and consequently, the Power of Attorney is still valid and binding on SAP; iv) that SAP only has interest and rights to the payment of the balance of the RM23,500,000.00 and not the leasehold land held under HS(D) 20034, PT No. 26549, Mukim Batu, Daerah Gombak, Selangor Darul Ehsan (“Land”) pursuant to the Second Supplementary Agreement; v) that conduct of SAP through up to the date of termination of the JVA was such that SAP only gave effect to the Second Supplementary Agreement and not to the JVA; and vi) SAP’s counterclaim is dismissed. With the above findings, the Court of Appeal among others ordered that : a) SAP transfers the Land to CTSB, subject to payment of the balance purchase price equivalent to RM14,322,173.00 by CTSB to SAP and further subject to redemption by CTSB and also further subject to the status of the forfeiture of the Land by the Selangor State Authority; b) SAP gives vacant possession of the Land to CTSB; c) SAP to pay CTSB for damages to be assessed by the Senior Assistant Registrar of the High Court; and d) An injunction restraining SAP from disposing the Land to Star Everest. The full particulars, findings, grounds and orders made by the Court of Appeal would be found in the Written Judgement which will be available later. As the damages, if any, will be assessed by the Senior Assistant Registrar of the High Court at a later date, the aforementioned Decision by the Court of Appeal for the time being will not have any effect on the issued and paid-up capital of SAP and also on the current year earnings and net assets as the carrying value of the Land, which is the main subject matter of the Decision, has been fully charged out. Any balance payable to SAP as a result of the Decision, however, is expected to contribute positively to the earnings and net assets of the Company. The Company is, in the meantime, seeking legal opinion on the course of actions available to the Company. The Company will make the necessary announcement on further development on this matter in due course. This announcement is dated 10 December 2012. | |
AXIATA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):ESOS
Announcement Type: General Announcement
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 10 Dec 2012 |
| Category | General Announcement |
| Reference No | AG-121210-29EFB |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | PERFORMANCE-BASED EMPLOYEE SHARE OPTION SCHEME AND SHARE SCHEME (“AXIATA SHARE SCHEME”) |
We are pleased to announce that Axiata had today (“Date of Offer”) offered 495,100 ordinary shares of RM1.00 each in Axiata (“Axiata Shares”) under the Axiata Share Scheme to the eligible employees and Executive Directors (“Eligible Employees”) of the Axiata Group of Companies (“Axiata Group”) (“Restricted Share Offer”). Details of the Restricted Share Offer are as follows:-
Not applicable as the Axiata Shares will be issued upon vesting to the Eligible Employees without any consideration.
Closing Price of Axiata Shares on Date of Offer: RM6.19.
Nil. This announcement is dated 10 December 2012 | |
SUCCESS - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
| Company Name | SUCCESS TRANSFORMER CORPORATION BERHAD |
| Stock Name | SUCCESS |
| Date Announced | 10 Dec 2012 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-121210-63038 |
TEOSENG - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
| Company Name | TEO SENG CAPITAL BERHAD |
| Stock Name | TEOSENG |
| Date Announced | 10 Dec 2012 |
| Category | Change Of Company Secretary |
| Reference No | CK-121207-57234 |
| Date of change | 10/12/2012 |
| Type of change | Appointment |
| Designation | Joint Secretary |
| License no. | MAICSA 7021024 |
| Name | Tan Bee Hwee |
| Working experience and occupation during past 5 years |
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