December 28, 2012

Company announcements: WASEONG, MSPORTS, MAXWELL, KSSC, EITA

WASEONG - 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 NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced28 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121228-A6E07

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 shares of RM0.50 each
Name & address of registered holder1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
Level 42, Menara Citibank, 165 Jalan Ampang
50450 Kuala Lumpur

2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
Level 42, Menara Citibank, 165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed24/12/2012
184,400
 
Disposed24/12/2012
26,600
 

Circumstances by reason of which change has occurredDisposals of shares managed by Portfolio Managers for Employees Provident Fund Board.
Nature of interestDirect
Direct (units)40,282,595 
Direct (%)5.2289 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change40,282,595
Date of notice26/12/2012

Remarks :
1. Disposal of 184,400 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.

2. Disposal of 26,600 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) for Employees Provident Fund Board.

3. The notice of change in interests of substantial shareholder was received from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board on 28 December 2012.


WASEONG - 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 NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced28 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121228-1C0B7

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 shares of RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AMUNDI)
Level 42, Menara Citibank, 165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/12/2012
200,000
 

Circumstances by reason of which change has occurredDisposal of shares by Portfolio Manager for Employees Provident Fund Board
Nature of interestDirect
Direct (units)40,493,595 
Direct (%)5.2558 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change40,493,595
Date of notice24/12/2012

Remarks :
1. Disposal of 200,000 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board ((AMUNDI) for Employees Provident Fund Board.

2. The notice of change in interests of substantial shareholder was received from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board on 28 December 2012.


WASEONG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced28 Dec 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-121228-1D923

Date of buy back28/12/2012
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)62,000
Minimum price paid for each share purchased ($$)1.640
Maximum price paid for each share purchased ($$)1.660
Total consideration paid ($$)102,672.17
Number of shares purchased retained in treasury (units)62,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)4,642,449
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 (%)0.599


MSPORTS - Changes in Sub. S-hldr's Int. (29B) - CIM DIVIDEND INCOME FUND LIMITED

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMULTI SPORTS HOLDINGS LTD  
Stock Name MSPORTS  
Date Announced28 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-121228-32448

Particulars of substantial Securities Holder

NameCIM DIVIDEND INCOME FUND LIMITED
AddressCraigmuir Chambers, PO Box 71
Road Town, Tortola VG1110
British Virgin Islands
NRIC/Passport No/Company No.415422
Nationality/Country of incorporationBritish Virgin Islands
Descriptions (Class & nominal value)Ordinary Shares of USD0.05 each
Name & address of registered holderRBC Investor Services Trust account at Standard Chartered Bank Malaysia Berhad
Mezzanine Floor
30, Jalan Sultan Ismail
50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/12/2012
27,000
 

Circumstances by reason of which change has occurredDisposed in open market
Nature of interestDirect
Direct (units)26,343,000 
Direct (%)5.09 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change26,343,000
Date of notice27/12/2012


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 Announced28 Dec 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-121227-3616E

Date of buy back28/12/2012
Description of shares purchasedOrdinary Shares
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.320
Maximum price paid for each share purchased ($$)0.320
Total consideration paid ($$)3,200.00
Number of shares purchased retained in treasury (units)10,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)886,200
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 (%)0.222


KSSC - OTHERS K. SENG SENG CORPORATION BERHAD (‘the Company”) NOTIFICATION OF THE EXTENSION OF TIMEFRAME FOR THE UTILIZATION OF PROCEEDS FOR EXPANSION OF BUSINESS EXPANSION AND CAPITAL EXPENDITURE

Announcement Type: General Announcement
Company NameK.SENG SENG CORPORATION BERHAD  
Stock Name KSSC  
Date Announced28 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121228-49CE0

TypeAnnouncement
SubjectOTHERS
DescriptionK. SENG SENG CORPORATION BERHAD (‘the Company”)
NOTIFICATION OF THE EXTENSION OF TIMEFRAME FOR THE UTILIZATION OF PROCEEDS FOR EXPANSION OF BUSINESS EXPANSION AND CAPITAL EXPENDITURE

Reference is made to the utilization of proceeds raised from the public issue as disclosed in the Company’s Prospectus dated 30 December 2010 that was issued in conjunction with the listing of the Company on the Main Market Bursa Malaysia Securities Berhad (“IPO”).

Further to the announcement made on 27 December 2011, the Board of Directors of KSSC wishes to announce that the Board has resolved to extend the timeframe for utilization of proceeds of RM3.31 million that was allocated for the business expansion and capital expenditures for another twelve (12) months period until 18 January 2014 (“Extension of Time for Utilization”).

Details of the utilization proceed as at 3 December 2012 are reflected in the table below :-

Details of the Utilization of IPO Proceeds

Proposed utilization of IPO Proceeds (RM’000)

Actual Utilization of IPO proceeds (RM’000)

Balance of Unutilized IPO Proceeds (RM’000)

Initial Timeframe for Utilization of IPO proceeds from date of listing (i.e. 19 January 2011)

Extension of Timeframe for Utilization of IPO proceeds from date of listing

Additional Extension of Timeframe for Utilization of IPO proceeds from date of listing

Business Expansion and capital Expenditures

3,310

-

3,310

Within 12 months

(i.e. until 18 January 2012)

Within 24 months

(i.e. until 18 January 2013)

Within 36 months

(i.e. until 18 January 2014)

Total

3,310

-

3,310

The Board viewed that extension of time is necessary in view that the intended utilization of RM3.31 million of the IPO proceeds for business expansion and capital expenditures could not be completed within the 24 months’ timeframe due to uncertainty in global economy and customers’ demand. Therefore, the Management would need additional time to observe the market trend and economic development to be more certain before committed into business expansion and capital expenditure. The extension of time would not significantly affect the business of KSSC and its subsidiaries.

The Board is of the opinion that the extension of time is in the best interest of the Company.

The aforementioned extension of timeframe for utilization of IPO proceeds is not subject to any regulatory approval and shareholders’ approval.

This announcement is dated 28 December 2012.




EITA - OTHERS EITA RESOURCES BERHAD ("THE COMPANY") STATUS UPDATE IN REGARDS TO THE RECTIFICATION OF ALL UNAPPROVED STRUCTURES ON THE SUNGAI BULOH FACTORY ON LOT 2135A OFF JALAN WELFARE, KAMPUNG BARU SUNGAI BULOH 47000 SUNGAI BULOH, SELANGOR

Announcement Type: General Announcement
Company NameEITA RESOURCES BERHAD  
Stock Name EITA  
Date Announced28 Dec 2012  
CategoryGeneral Announcement
Reference NoCM-121228-1D6B3

TypeAnnouncement
SubjectOTHERS
DescriptionEITA RESOURCES BERHAD ("THE COMPANY")
STATUS UPDATE IN REGARDS TO THE RECTIFICATION OF ALL UNAPPROVED STRUCTURES ON THE SUNGAI BULOH FACTORY ON LOT 2135A OFF JALAN WELFARE, KAMPUNG BARU SUNGAI BULOH 47000 SUNGAI BULOH, SELANGOR

We refer to our announcements dated 29 June 2012 and 27 August 2012 (“Earlier Announcements”). For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Earlier Announcements unless otherwise stated.

The Company wishes to update on the status of compliance to the conditions stipulated in the letter of approval on “Kebenaran Merancang” from MBSA dated 7 June 2012:-

Conditions Imposed by MBSA

Status of Compliance

(1)

Landlord to comply with the relevant terms and conditions as set out by the Jabatan Teknikal Dalaman and Jabatan Teknikal Luaran.

The landlord received a letter from MBSA dated 24 September 2012 which stated that one of the terms set out by Jabatan Teknikal Dalaman was not complied with and thus the application was rejected.

In this respect, the landlord will submit a letter of appeal in due course.

(2)

Landlord to settle the contribution payment to Kumpulan Wang Perkhidmatan Kemajuan (ISF) amounting to RM35,185.00.

Pending invoice and to be complied.

(3)

Landlord to settle the landscaping contribution payment to Jabatan Taman Dan Rekreasi, MBSA for ‘Perimeter Planting’, the amount of which would be fixed in due course.

Pending invoice and to be complied.

(4)

Landlord to settle the fine for construction without approval, the amount of which would be fixed by Jabatan Bangunan, MBSA.

Pending invoice and to be complied.

(5)

Landlord to settle the assessment - following the industrial rate i.e. at 7.5%.

Landlord has paid the assessment based on 7.5% for the period of July 2012 to December 2012.

The Company also wishes to announce that the landlord has obtained approval from Indah Water Konsortium Sdn Bhd, Jabatan Bomba dan Penyelamat, Malaysia and SYABAS via their letters dated 12 July 2012, 8 August 2012 and 5 October 2012 respectively.

The applications to Jabatan Kejuruteraan, Jabatan Bangunan and Jabatan Taman dan Rekreasi would be made upon receipt of approval from Jabatan Teknikal Dalaman pertaining to compliance of the condition as mentioned in item (1) above.

Upon the receipt of all relevant approvals, the landlord would carry out the necessary construction to rectify all unapproved structures. Thereafter the landlord would arrange for inspection by all the relevant authorities in order for the relevant approvals to be issued.

This announcement is dated 28 December 2012.



EITA - Changes in Sub. S-hldr's Int. (29B) - LEE PEK SEE

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameEITA RESOURCES BERHAD  
Stock Name EITA  
Date Announced28 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-121228-11F2B

Particulars of substantial Securities Holder

NameLEE PEK SEE
AddressNO. 10, JALAN U8/49
BUKIT JELUTONG
40150 SHAH ALAM, SELANGOR
NRIC/Passport No/Company No.620523-01-5218
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderLEE PEK SEE
NO. 10, JALAN U8/49, BUKIT JELUTONG, 40150 SHAH ALAM, SELANGOR

FU WING HOONG
NO. 10, JALAN U8/49, BUKIT JELUTONG, 40150 SHAH ALAM, SELANGOR

SUDUT KREATIF SDN. BHD.
NO. 10, JALAN U8/49, BUKIT JELUTONG, 40150 SHAH ALAM, SELANGOR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/12/2012
6,000
0.660 

Circumstances by reason of which change has occurredAcquisition via open market
Nature of interestIndirect interest
Direct (units)3,360,963 
Direct (%)2.59 
Indirect/deemed interest (units)22,749,074 
Indirect/deemed interest (%)17.5 
Total no of securities after change26,110,037
Date of notice28/12/2012

Remarks :
A) Indirect interests are held through:-

1. 1,247,541 shares - Deemed interested by virtue of the shareholding of her spouse, Fu Wing Hoong

2. 21,501,533 shares - Deemed interested by virtue of her and her spouse's shareholdings in Sudut Kreatif Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965

B) Percentage of ordinary shares acquired was 0.01%


EITA - Changes in Sub. S-hldr's Int. (29B) - FU WING HOONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameEITA RESOURCES BERHAD  
Stock Name EITA  
Date Announced28 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-121228-11F39

Particulars of substantial Securities Holder

NameFU WING HOONG
AddressNO. 10, JALAN U8/49
BUKIT JELUTONG
40150 SHAH ALAM, SELANGOR
NRIC/Passport No/Company No.590609-10-6087
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderFU WING HOONG
NO. 10, JALAN U8/49, BUKIT JELUTONG, 40150 SHAH ALAM, SELANGOR

LEE PEK SEE
NO. 10, JALAN U8/49, BUKIT JELUTONG, 40150 SHAH ALAM, SELANGOR

SUDUT KREATIF SDN. BHD.
NO. 10, JALAN U8/49, BUKIT JELUTONG, 40150 SHAH ALAM, SELANGOR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/12/2012
6,000
0.660 

Circumstances by reason of which change has occurredAcquisition via open market
Nature of interestDirect
Direct (units)1,247,541 
Direct (%)0.96 
Indirect/deemed interest (units)24,862,496 
Indirect/deemed interest (%)19.12 
Total no of securities after change26,110,037
Date of notice28/12/2012

Remarks :
A) Indirect interests are held through:-

1. 3,360,963 shares - Deemed interested by virtue of the shareholding of his spouse, Lee Pek See

2. 21,501,533 shares - Deemed interested by virtue of his and his spouse's shareholdings in Sudut Kreatif Sdn Bhd pursuant to Section 6A of the Companies Act, 1965

B) Percentage of ordinary shares acquired was 0.01%


EITA - Changes in Director's Interest (S135) - FU WING HOONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameEITA RESOURCES BERHAD  
Stock Name EITA  
Date Announced28 Dec 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCM-121228-11F3B

Information Compiled By KLSE

Particulars of Director

NameFU WING HOONG
AddressNO. 10, JALAN U8/49
BUKIT JELUTONG
40150 SHAH ALAM, SELANGOR
Descriptions(Class & nominal value)ORDINARY SHARES OF RM0.50 EACH

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
24/12/2012
6,000
0.660 

Circumstances by reason of which change has occurredAcquisition via open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,247,541 
Direct (%)0.96 
Indirect/deemed interest (units)24,862,496 
Indirect/deemed interest (%)19.12 
Date of notice28/12/2012

Remarks :
A) Indirect interests are held through:-

1. 3,360,963 shares - Deemed interested by virtue of the shareholding of his spouse, Lee Pek See

2. 21,501,533 shares - Deemed interested by virtue of his and his spouse's shareholdings in Sudut Kreatif Sdn Bhd pursuant to Section 6A of the Companies Act, 1965.

B) Percentage of ordinary shares acquired was 0.01%


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