December 11, 2012

Company announcements: SEAL, TA, KIMHIN

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

Announcement Type: General Announcement
Company NameSEAL INCORPORATED BERHAD  
Stock Name SEAL  
Date Announced11 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121211-50214

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionSEAL INCORPORATED BERHAD ("SEAL" or "the Company")
- Proposed Disposal of Assets by Great Eastern Mills Berhad, a subsidiary of SEAL to its shareholder, Kompleks Perkayuan Kelantan Sdn Bhd for a total consideration of RM8,500,000/- ("Proposed Disposal")

On behalf of the Board of Directors of Seal Incorporated Berhad ("SEAL" or "the Company"), we wish to announce that Great Eastern Mills Berhad ("GEM" or "Seller"), a subsidiary of SEAL had on 11 December 2012 entered into a Sale and Purchase of Assets Agreement ("SPA") with GEM's shareholder, Kompleks Perkayuan Kelantan Sdn Bhd ("KPK" or "Purchaser") to dispose off the following assets to KPK for a total consideration of RM8,500,000/- ("Purchase Consideration"):

a) two million (2,000,000) ordinary shares of RM1.00 each in Kelantan Lumber Products Sdn. Berhad (Company No. 46025-H) ("KLP"), a wholly-owned subsidiary company of GEM, which represents the entire issued and paid-up shares in KLP ("Sale Shares"). The Seller also acknowledges that the Company is the holder of sawmill license which is granted by Jabatan Perhutanan Negeri Kelantan; and

b) a piece of leasehold land held under H.S.(D) 7897, PT 3976, Mukim Kuala Nal, Daerah Batu Mengkebang, Jajahan Kuala Krai, Kuala Nal, Kelantan Darul Naim measuring approximately thirty (30) acres ("Land") which is presently charged in favour of SEAL.

Please refer to the attached file for the full text of the announcement.

This announcement is dated�11 December 2012.



SEAL - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameSEAL INCORPORATED BERHAD  
Stock Name SEAL  
Date Announced11 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121211-49866

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionSEAL INCORPORATED BERHAD ("SEAL" or "the Company")
- Winding up petition no. 28BCC-841-10/2012 by Timber Employees Union, Peninsular Malaysia against Great Eastern Mills Berhad, a 60% owned subsidiary of SEAL

We refer to our earlier announcements dated 10 August 2012, 28 August 2012, 30 August 2012, 2 October 2012, 15 October 2012 and 18 October 2012 respectively.

On behalf of the Board of Directors of Seal Incorporated Berhad ("SEAL" or "the Company"), we wish to announce that its subsidiary, Great Eastern Mills Berhad ("GEM") had on 11 December 2012 entered into a Settlement Agreement with GEM's shareholder, Kompleks Perkayuan Kelantan Sdn Bhd ("KPK") and Timber Employee Union, Peninsular Malaysia ("the Trade Union") to settle the Trade Union's claim against GEM of the sum of RM4,976,531.18 ("Trade Union Debt") upon the following terms and such other conditions as stated in the Settlement Agreement:

i) KPK has agreed to assume the Trade Union Debt on behalf of GEM in consideration of GEM renouncing in favour of KPK its right absolutely over a logging concession right over lands measuring approximately 7,049 acres which was granted by the Perbadanan Kemajuan Iktisad Negeri Kelantan ("PKINK") pursuant to an agreement dated 14 March 2004 and upon the rescission of the Supplemental Agreement between GEM and Trade Union dated 20 August 2008 ("Concession Right");

ii) In consideration of KPK's agreement to assume and settle the Trade Union Debt on behalf of GEM, the Trade Union hereby agrees:

��� a) not later than seven (7) business days from the date of the Settlement Agreement, to withdraw the winding-up petition or any other claim, suit, demand or any other�legal proceeding whatsoever initiated by the Trade Union against GEM in relation to the Trade Union Debt with no liberty to file afresh against GEM and with no order to the costs; and

�� b) not to institute any legal proceeding against GEM in respect of the Trade Union Debt for any reason whatsoever.

iii) Upon the withdrawal of the winding-up�petition and for the removal of doubt, the supplemental agreement between GEM and the Trade Union�dated 20 August 2008 shall be deemed rescinded free from any claims and liabilities. For the avoidance of doubt,�the Settlement�Agreement shall record the final terms and supersede any previous agreement entered into or agreed upon between GEM and the Trade Union in relation to the settlement of the Trade Union Debt.�GEM, KPK and the Trade Union�further agree that pursuant to the execution of�the�Settlement�Agreement, any previous court order or award granted with regard to the settlement of the Trade Union Debt shall cease to be enforceable.

This announcement is dated 11 December 2012.



TA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameTA ENTERPRISE BERHAD  
Stock Name TA  
Date Announced11 Dec 2012  
CategoryGeneral Announcement
Reference NoTE-121211-62846

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionDEALINGS IN SECURITIES BY DIRECTOR DURING CLOSED PERIOD

We refer to the notification by Datuk Tiah Thee Kian, the Non-Independent Non-Executive Chairman of the Company, on 20 November 2012 of his intention to deal in securities of the Company during closed period.

We, on behalf of Datuk Tiah, wish to inform of the dealings in the securities of the Company by Datuk Tiah, particulars of which are set out in the table below.

Description of securities

Date of transaction

Number of securities acquired

Percentage of securities

Price transacted

Consideration

Ordinary shares of RM1.00 each

11.12.2012

100,000

0.0058

RM0.50

RM50,000.00

This announcement is dated 11 December 2012.



KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Huat

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced11 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-121211-7756A

Particulars of substantial Securities Holder

NameChua Seng Huat
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.610510-13-5545
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:


i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Chua Seng Huat : 1,243,225 - No change



ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/12/2012
43,000
1.250 
Acquired06/12/2012
65,000
1.250 
Acquired07/12/2012
65,000
1.250 
Acquired10/12/2012
10,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)1,243,225 
Direct (%)0.89 
Indirect/deemed interest (units)83,598,325 
Indirect/deemed interest (%)59.61 
Total no of securities after change84,841,550
Date of notice11/12/2012

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Kim Hin (Malaysia) Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced11 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-121211-7756E

Particulars of substantial Securities Holder

NameKim Hin (Malaysia) Sdn Bhd
Address4 1/2 Mile, Kung Phin Road, Off Penrissen Road, 93250 Kuching, Sarawak
NRIC/Passport No/Company No.90188-W
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:

i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change

ii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/12/2012
43,000
1.250 
Acquired06/12/2012
65,000
1.250 
Acquired07/12/2012
65,000
1.250 
Acquired10/12/2012
10,000
1.250 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect interest
Direct (units)83,598,325 
Direct (%)59.61 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change83,598,325
Date of notice11/12/2012

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Khoon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced11 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-121211-7756D

Particulars of substantial Securities Holder

NameChua Seng Khoon
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.660429-13-5121
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:

i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change

ii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/12/2012
43,000
1.250 
Acquired06/12/2012
65,000
1.250 
Acquired07/12/2012
65,000
1.250 
Acquired10/12/2012
10,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)83,598,325 
Indirect/deemed interest (%)59.61 
Total no of securities after change83,598,325
Date of notice11/12/2012

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Yew Lin

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced11 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-121211-7756C

Particulars of substantial Securities Holder

NameChua Yew Lin
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.630511-13-5254
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:


i) Chua Yew Lin : 332,400 - No change



ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/12/2012
43,000
1.250 
Acquired06/12/2012
65,000
1.250 
Acquired07/12/2012
65,000
1.250 
Acquired10/12/2012
10,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)332,400 
Direct (%)0.24 
Indirect/deemed interest (units)83,598,325 
Indirect/deemed interest (%)59.61 
Total no of securities after change83,930,725
Date of notice11/12/2012

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Pauline Getrude Chua Hui Lin

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced11 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-121211-7756B

Particulars of substantial Securities Holder

NamePauline Getrude Chua Hui Lin
Address1, Sin Juak Garden, Jalan Rengas, Kuching-By-Pass, 93300 Kuching, Sarawak
NRIC/Passport No/Company No.620507-13-6044
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:

i) Pauline Getrude Chua Hui Lin : 328,900 - No change


ii) Charles Pan Chyi (spouse) : 14,350 - No change [Deemed interest by virtue of Section 134(12)(c) of the Companies Act, 1965]


iii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iv) Kim Hin (Malaysia) Sdn Bhd : 21,344,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/12/2012
43,000
1.250 
Acquired06/12/2012
65,000
1.250 
Acquired07/12/2012
65,000
1.250 
Acquired10/12/2012
10,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)328,900 
Direct (%)0.24 
Indirect/deemed interest (units)83,612,675 
Indirect/deemed interest (%)59.62 
Total no of securities after change83,941,575
Date of notice11/12/2012

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Guan

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced11 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-121211-7755F

Particulars of substantial Securities Holder

NameChua Seng Guan
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.580122-13-5151
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:


i) Chua Seng Guan : 566,000 - No change


ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/12/2012
43,000
1.250 
Acquired06/12/2012
65,000
1.250 
Acquired07/12/2012
65,000
1.250 
Acquired10/12/2012
10,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)566,000 
Direct (%)0.4 
Indirect/deemed interest (units)83,598,325 
Indirect/deemed interest (%)59.61 
Total no of securities after change84,164,325
Date of notice11/12/2012

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - John Chua Seng Chai

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced11 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-121211-77569

Particulars of substantial Securities Holder

NameJohn Chua Seng Chai
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.581228-13-5883
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:


i) John Chua Seng Chai : 524,650 - No change


ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/12/2012
43,000
1.250 
Acquired06/12/2012
65,000
1.250 
Acquired07/12/2012
65,000
1.250 
Acquired10/12/2012
10,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)524,650 
Direct (%)0.38 
Indirect/deemed interest (units)83,598,325 
Indirect/deemed interest (%)59.61 
Total no of securities after change84,122,975
Date of notice11/12/2012

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


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