December 31, 2012

Company announcements: SEALINK, XINQUAN, MAXWELL, BJFOOD, SKPETRO, FGV, PETGAS, FARLIM

SEALINK - OTHERS COMMENCEMENT OF ARBITRATION

Announcement Type: General Announcement
Company NameSEALINK INTERNATIONAL BERHAD  
Stock Name SEALINK  
Date Announced31 Dec 2012  
CategoryGeneral Announcement
Reference NoCS-121231-590F9

TypeAnnouncement
SubjectOTHERS
DescriptionCOMMENCEMENT OF ARBITRATION

INTRODUCTION

The Board of Directors of Sealink International Berhad ("SEALINK" or "the Company") wishes to announce an entity within the SEALINK Group has commenced Arbitration against Boustead Penang Shipyard Sdn Bhd (“BPS”)
. The Notice of Arbitration was sent by Rajah & Tann LLP.

DETAILS AND RATIONALE OF THE ARBITRATION

Sealink has written to the Kuala Lumpur Regional Centre for Arbitration to request for Arbitration with BPS in relation to disputes between a wholly owned subsidiary, Sealink Sdn Bhd (“SSB”) and BPS under a Ship Building Contract dated 3 April 2008 (“contract”).

SSB and BPS entered into a ship building contract on 3 April 2008 to build two (2) units of 7,000 dwt oil carriers / chemical carriers.

SSB claims against BPS, inter alia, the sum of USD4,935,000 which is to be refunded and/or paid to SSB by BPS under the Contract and/or for interest payable by BPS to SSB under the terms of the Contact and/or for losses and/or expenses incurred by SSB pursuant to BPS breaches of the Contract.

FINANCIAL EFFECTS

Sealink Group may impair up to RM1.3 million for equipment deposits and interest capitalised todate, in the financial quarter ended 31 December, 2012 for the contract under dispute as the solicitors are confident of the results of the arbitration and the recovery of the disputed sum thereof. Notwithstanding this, the above are not expected to have any effect on the share capital and shareholding structure of the Company.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

Toh Kian Sing, a Director of SEALINK is deemed interested in the arbitration since he is a partner of Rajah & Tann LLP. Other than Toh Kian Sing, none of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the arbitration.

DIRECTORS' STATEMENT

The Board of Directors of SEALINK, having considered all factors is of the opinion that the arbitration is in the best interest of the Company.

ABOUT THE COMPANY

SEALINK Group is an Integrated Service Provider which build, sell, own and operate a diverse fleet of offshore marine support vessels, serving mainly the global offshore oil and gas exploration and production industry. Being one of the largest tug and barge operators in Malaysia for the oil and gas industry, we are now strengthening our position to be the major provider for offshore marine support vessels for other niche areas in the industry.

We have a young fleet of offshore marine support vessels predominantly focused on and used in the offshore oil & gas industry. With its diverse fleet of 40 vessels, it can cater to a wide base of reputable clients in the various segments of the industry.

Presently, SEALINK owns two shipyards located in Miri, Sarawak. The two shipyards have the capacity to construct up to 17 vessels a year.

This announcement is dated 31st December 2012.



XINQUAN - OTHERS XINGQUAN INTERNATIONAL SPORT HOLDINGS LIMITED – INCORPORATION OF NEW SUBSIDIARY

Announcement Type: General Announcement
Company NameXINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED  
Stock Name XINQUAN  
Date Announced31 Dec 2012  
CategoryGeneral Announcement
Reference NoCA-121231-56504

TypeAnnouncement
SubjectOTHERS
DescriptionXINGQUAN INTERNATIONAL SPORT HOLDINGS LIMITED – INCORPORATION OF NEW SUBSIDIARY

The Board of Directors of Xingquan International Sport Holdings Limited ("Company") is pleased to announce that Xingquan International Investments Limited, a wholly-owned subsidiary of the Company, has incorporated a new wholly-owned subsidiary, Xingquan (China) Limited (“XCL”) (hereinafter referred to as the "Incorporation").

XCL was incorporated on 5 December 2012 with an authorised share capital of RMB50 million. At the present moment, XCL has no paid up share capital. The paid up share capital will be increased up to RMB50 million over time.

The intended principal activity of XCL will be shoe sole manufacturing.

None of the directors and/or substantial shareholders of the Company and/or persons connected to them have any interest, direct or indirect, in the above-mentioned Incorporation.

The Incorporation is not subject to the approval of the shareholders of the Company.



MAXWELL - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameMAXWELL INTERNATIONAL HOLDINGS BERHAD  
Stock Name MAXWELL  
Date Announced31 Dec 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-121228-3D918

Date of buy back31/12/2012
Description of shares purchasedOrdinary Shares
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)15,000
Minimum price paid for each share purchased ($$)0.325
Maximum price paid for each share purchased ($$)0.325
Total consideration paid ($$)4,875.00
Number of shares purchased retained in treasury (units)15,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)901,200
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.226


BJFOOD - BJFOOD- (1) EMPLOYEES' SHARE OPTION SCHEME ("SCHEME"); AND (2) MERGING OF SHARES

Announcement Type: Listing Circular
Company NameBERJAYA FOOD BERHAD  
Stock Name BJFOOD  
Date Announced31 Dec 2012  
CategoryListing Circular
Reference NoZM-121231-39962

LISTING'S CIRCULAR NO. L/Q : 66844 OF 2012

Kindly be advised that the abovementioned Company’s additional 7,000 new ordinary shares of RM0.50 each arising from the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 3 January 2013.

As the said ordinary shares arising from the Scheme above shall not be entitled to the first interim dividend of 1.5 sen single-tier exempt dividend per share declared in respect of the financial year ending 30 April 2013, there will be two (2) separate quotations from that date as follows:-

(i) existing ordinary shares of the Company will be quoted as "BJFOOD".

(ii) the 7,000 new ordinary shares will be quoted as "BJFOOD-OA".

The Stock Number and ISIN Code of the "BJFOOD-OA" shares are "5196OA" and "MYL5196OA009" respectively.

Kindly be advised that BJFOOD had on 13 December 2012 announced the entitlement date for the Company’s first interim dividend of 1.5 sen single-tier exempt dividend per share declared in respect of the financial year ending 30 April 2013.

As such, the “BJFOOD-OA” shares will cease to be quoted with effect from 9.00 a.m., Thursday, 17 January 2013 and will merge with the existing “BJFOOD” shares as from that date.


SKPETRO - Changes in Director's Interest (S135) - Chong Hin Loon

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSAPURAKENCANA PETROLEUM BERHAD  
Stock Name SKPETRO  
Date Announced31 Dec 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoSP-121231-56396

Information Compiled By KLSE

Particulars of Director

NameChong Hin Loon
Address25 Jalan BRP 7/1A1, Bukit Rahman Putra, 47000 Sungai Buloh, Selangor Darul Ehsan
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)
Disposed
27/12/2012
1,500,000
3.065 
Disposed
28/12/2012
3,000,000
3.042 

Circumstances by reason of which change has occurredDisposal of shares in open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)149,534,700 
Direct (%)2.99 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice31/12/2012

Remarks :
This announcement also serves as a notification pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


FGV - 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 NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced31 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoFG-121231-5CBC6

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTINGKAT 19
BANGUNAN KWSP, JALAN RAJA LAUT
50350 KUALA LUMPUR
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMALAYSIA
Descriptions (Class & nominal value)Ordinary Share of RM1.00 each
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD - 277,231,470

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (RHB INV) - 0

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (ALLIANCE) - 946,900

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (NOMURA) - 4,413,900

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired26/12/2012
349,100
 

Circumstances by reason of which change has occurredCITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD - Purchase of 349,100 shares on 26/12/2012
Nature of interestDirect
Direct (units)282,592,270 
Direct (%)7.75 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change282,592,270
Date of notice27/12/2012

Remarks :
Received Notice on 31/12/2012


FGV - 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 NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced31 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoFG-121231-DF739

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderKumpulan 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)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/12/2012
284,400
 

Circumstances by reason of which change has occurredDisposal of 284,400 shares in open market by KWAP's Fund Manager on 21/12/2012
Nature of interestDirect
Direct (units)252,392,600 
Direct (%)6.92 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change252,392,600
Date of notice28/12/2012

Remarks :
Received Notice on 31/12/2012


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 NamePETRONAS GAS BERHAD  
Stock Name PETGAS  
Date Announced31 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-121231-67BAD

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak,
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of RM1.00/share
Name & address of registered holderKumpulan 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)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/12/2012
37,100
 
Disposed21/12/2012
1,200
 

Circumstances by reason of which change has occurred1.Disposal of shares in open market by KWAP's Fund Manager
2.Disposal of shares in open market by KWAP
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change108,561,800
Date of notice28/12/2012

Remarks :
Received Form 29B on 31 December 2012


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 NamePETRONAS GAS BERHAD  
Stock Name PETGAS  
Date Announced31 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-121231-6F882

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak,
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of RM1.00/share
Name & address of registered holderKumpulan 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)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed24/12/2012
29,600
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP's Fund Manager
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change108,532,200
Date of notice28/12/2012

Remarks :
Received Form 29B on 31 December 2012


FARLIM - OTHERS FARLIM GROUP (MALAYSIA) BHD (“FARLIM” OR “COMPANY”) PROPOSED SETTLEMENT OF AMOUNT OWING TO THE COMPANY BY FARLIM HOLDING SDN BHD AND SET-OFF WITH RELATED FEES AND EXPENSES TO BE BORNE BY FARLIM HOLDING SDN BHD (“PROPOSED SETTLEMENT”)

Announcement Type: General Announcement
Company NameFARLIM GROUP (MALAYSIA) BHD  
Stock Name FARLIM  
Date Announced31 Dec 2012  
CategoryGeneral Announcement
Reference NoMB-121227-51447

TypeAnnouncement
SubjectOTHERS
DescriptionFARLIM GROUP (MALAYSIA) BHD (“FARLIM” OR “COMPANY”)

PROPOSED SETTLEMENT OF AMOUNT OWING TO THE COMPANY BY FARLIM HOLDING SDN BHD AND SET-OFF WITH RELATED FEES AND EXPENSES TO BE BORNE BY FARLIM HOLDING SDN BHD (“PROPOSED SETTLEMENT”)
Reference is made to the announcements dated 28 October 2011, 2 November 2011, 12 December 2011, 28 December 2011, 26 April 2012, 26 July 2012 and 24 October 2012 (“Announcements”). Unless otherwise defined, all capitalised terms used in this announcement shall have the same meaning ascribed to them in the Announcements as well as in the circular to shareholders dated 13 December 2011 (where relevant and applicable).
On behalf of the Board of Directors of Farlim, AmInvestment Bank Berhad is pleased to announce that the Proposed Settlement has been completed on 31 December 2012 in accordance with the terms of the sale and purchase cum Settlement Agreement dated 28 October 2011.

This announcement is dated 31 December 2012.


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