January 2, 2013

Company announcements: EMETALL, VASTALX, HANDAL, DIALOG, SUNCRN, TIENWAH, VINTAGE, HINGYAP

EMETALL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameEONMETALL GROUP BERHAD  
Stock Name EMETALL  
Date Announced2 Jan 2013  
CategoryChange in Boardroom
Reference NoCC-121231-33722

Date of change01/01/2013
NameGoh Hong Kent
Age29
NationalityMalaysian
Type of changeAppointment
DesignationChief Operating Officer
DirectorateExecutive
QualificationsFollowing the completion of high school in Malaysia in 2000, Mr Goh completed a 2 year course at Mt. San Antonio College. In 2002, he enrolled in Woodbury University where he completed up to year 2 of a Bachelor in Business study program. 
Working experience and occupation Mr Goh Hong Kent started his career in 2005 as Personal Assistant to Managing Director of Leader Steel Holdings Berhad.

Later in 2005, he joined Eonmetall Technology Sdn. Bhd. as Assistant Operations Manager where he was mainly responsible for overseeing the Purchasing Department. Following his promotion to Operations Manager in 2007, he was responsible for heading the Purchasing and Human Resources departments.

In 2010, he was promoted as General Manager where he is in-charge of overall steel business activities of Eonmetall Industries Sdn. Bhd. and Eonmetall Systems Sdn. Bhd. 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerMr Goh Hong Kent is the son of Dato' Goh Cheng Huat, the Executive Director and major shareholder of EMETALL.

He is also the nephew of Mr Goh Kee Seng, the Non-Executive Non-Independent Director of EMETALL. 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 

Remarks :
Mr Goh Hong Kent is appointed as Executive Director and Chief Operating Officer of EMETALL effective 1 January 2013.

This announcement is dated 2 January 2013.


VASTALX - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameVASTALUX ENERGY BERHAD  
Stock Name VASTALX  
Date Announced2 Jan 2013  
CategoryGeneral Announcement
Reference NoCP-121227-57426

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionFurther to the company's announcement on 3 December 2012, there have been no further material developments to the regularisation plan of Vastalux Energy Berhad ("VEB" or "The Company") save for those which have been previously announced.

The Board of Directors of VEB wishes to inform that ECM Libra Investment Bank Berhad ("ECM Libra") had announced on 14 December 2012 that the Company had entered into a second supplemental restructuring agreement with Nik Hamdan Bin Daud, Azman Shah Bin Mohd Zakaria and Nik Suriani Binti Daud (collectively referred to as the “Vendors”) as well as Barakah Offshore Petroleum Sdn Bhd ("BOP") in relation to the Proposed Restructuring Scheme for the extension of the Cut-Off Date to 30 June 2013 or such other date as may be mutually agreed by VEB, the Vendors and BOP for the Requisite Approvals.

This announcement is dated 2 January 2013.



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

Announcement Type: General Announcement
Company NameHANDAL RESOURCES BERHAD  
Stock Name HANDAL  
Date Announced2 Jan 2013  
CategoryGeneral Announcement
Reference NoCA-130102-61945

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionHANDAL RESOURCES BERHAD (“HRB” or “the Company”)
Subscription of Preference Shares in subsidiary company, Handrill Sdn Bhd (“HSB”)
The Board of Directors of HRB wishes to inform that the Company has on 31st December 2012 subscribed for 12,700,000 Irredeemable Convertible Preference Shares of RM1.00 each at the issue price of RM1.00 each in the subsidiary company, Handrill Sdn Bhd (HSB) (“Proposed Subscription”).
Information on HSB

HSB was incorporated on 11 January 2008 and is principally involved in providing consultancy for engineering project support services. HSB is registered with and licensed by Petronas as Rig Owner / Rig Operator. HRB currently holds 2,070,000 ordinary shares of RM1.00 each in HSB representing 97.6% of the ordinary issued and paid up capital of HSB. The balance of the ordinary shareholding is held by En Amir Hasnizam Bin Meor Nordin. The 12,700,000 ICPS held by HRB represents 100% of the preference share capital of HSB.

The ICPS are not entitled to dividends or voting rights and are convertible to ordinary shares of RM1.00 each upon notification by HSB that it has secured sizeable work contracts. The conversion rate is of one (1) ordinary share of RM1.00 for every RM1.00 of the ICPS.

Consideration

The consideration for the Proposed Subscription of RM12,700,000 is satisfied through internally generated funds.

Rationale for the Proposed Acquisition

The HRB Group is principally involved as a fully integrated offshore crane service and manufacturing provider specializing in the oil and gas industry. HSB possess a Petroliam Nasional Berhad license and the increase in capital of HSB will enable it to bid for larger contracts.

Financial Effects

The Proposed Subscription will not have any effect on the issued and paid-up share capital of the Company and shareholdings of the substantial shareholders of the Company as the purchase consideration will be satisfied entirely in cash.

The Proposed Subscription is not expected to have any material effect on the earnings per share, net assets and gearing of HRB Group for the financial year ending 31 December 2012.

The Proposed Acquisition is however expected to contribute positively to the future earnings of the HRB Group when HSB secures sizeable work contracts.

Approval required

The Proposed Subscription does not require the approval of the Company’s shareholders.

Directors/Major shareholders’ interest

None of the other Directors or major shareholders of HRB or persons connected to them have any interest, direct or indirect, in the Proposed Subscription.

Directors’ statement

The Board of Directors are of the opinion that the Proposed Subscription is in the best interest of the Company.

Applicable Percentage Ratio

The highest percentage ratio applicable to the Proposed Subscription is 20.89%.

This announcement is dated 2 January 2013.


DIALOG - 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 NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced2 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-130102-68373

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 RM0.10 each.
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
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)
Acquired26/12/2012
476,800
 
Acquired27/12/2012
815,900
 

Circumstances by reason of which change has occurredPurchase of shares.
Nature of interestDirect
Direct (units)383,695,935 
Direct (%)15.99 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change383,695,935
Date of notice02/01/2013

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquired 41,100 shares) - 325,210,994 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 2,535,054 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 7,887,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 14,474,367 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 7,870,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) (Acquired 1,171,600 shares) - 17,621,520 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 3,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) (Acquired 80,000 shares) - 2,141,600 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 2,455,400 shares

Total No. of shares - 383,695,935 shares


SUNCRN - OTHERS SUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD (“SUNCHIRIN” OR “COMPANY”) PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF SUNCHIRIN UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED SCR”)

Announcement Type: General Announcement
Company NameSUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD  
Stock Name SUNCRN  
Date Announced2 Jan 2013  
CategoryGeneral Announcement
Reference NoCA-130102-56283

TypeAnnouncement
SubjectOTHERS
DescriptionSUNCHIRIN INDUSTRIES (MALAYSIA) BERHAD (“SUNCHIRIN” OR “COMPANY”)
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF SUNCHIRIN UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED SCR”)

We refer to our announcement dated 26 December 2012 in relation to the receipt of a letter from our major shareholders, namely Nichirin Co., Ltd., Sunrise Industry Co., Ltd., Sunrise Asia Management Pte. Ltd. and Masahito Hiraishi, setting out their intention to privatise Sunchirin via a selective capital reduction and repayment exercise under Section 64 of the Act.

The Board of Directors of Sunchirin has appointed Maybank Investment Bank Berhad as the Principal Adviser for the Proposed SCR.

This announcement is dated 2 January 2013.



TIENWAH - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Angkatan Tentera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIEN WAH PRESS HOLDINGS BERHAD  
Stock Name TIENWAH  
Date Announced2 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130102-6C766

Particulars of substantial Securities Holder

NameLembaga Tabung Angkatan Tentera
AddressTingkat 10-12, Bangunan LTAT
Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.ACT1011973
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderLembaga Tabung Angkatan Tentera
Tingkat 10-12, Bangunan LTAT
Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed12/12/2012
14,000
 
Disposed14/12/2012
29,500
 

Circumstances by reason of which change has occurred1) & 2) Disposed
Nature of interestDirect
Direct (units)13,267,858 
Direct (%)13.75 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change13,267,858
Date of notice19/12/2012

Remarks :
The Form 29B was received by the Company on 2 January 2013.


TIENWAH - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Angkatan Tentera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIEN WAH PRESS HOLDINGS BERHAD  
Stock Name TIENWAH  
Date Announced2 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130102-46AA2

Particulars of substantial Securities Holder

NameLembaga Tabung Angkatan Tentera
AddressTingkat 10-12, Bangunan LTAT
Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.ACT1011973
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderLembaga Tabung Angkatan Tentera
Tingkat 10-12, Bangunan LTAT
Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/12/2012
138,100
 
Disposed28/12/2012
84,100
 
Disposed31/12/2012
94,000
 

Circumstances by reason of which change has occurred1), 2) & 3) Disposed
Nature of interestDirect
Direct (units)12,951,658 
Direct (%)13.42 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change12,951,658
Date of notice02/01/2013

Remarks :
The Form 29B was received by the Company on 2 January 2013.


VINTAGE - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameVTI VINTAGE BERHAD  
Stock Name VINTAGE  
Date Announced2 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130102-8D544

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionVTI VINTAGE BERHAD (“VVB” or “the Company”)
- Monthly Announcement on Status of Plan to Regularise Condition Pursuant to Practice Note No. 17 of the Main Market Listing Requirements (“PN17”) of Bursa Malaysia Securities Berhad

Reference is made to the Company’s announcement dated 3 December 2012.

The Board of Directors of VTI Vintage Berhad (“VVB” or “the Company”) wishes to announce that the Company is in the midst of finalising the circular to shareholders to approve the proposed regularisation plan of the Company at an extraordinary general meeting to be convened.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 2 January 2013.



HINGYAP - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameHING YIAP GROUP BERHAD  
Stock Name HINGYAP  
Date Announced2 Jan 2013  
CategoryGeneral Meetings
Reference NoCS-130102-52D3C

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionHING YIAP GROUP BERHAD ("HING YIAP" or "the Company")
- Extraordinary General Meeting ("EGM")

The Board of Directors of HING YIAP wishes to inform that the EGM of the Company is scheduled to be held at the Conference Room of the Company at Lot 10449, Jalan Nenas, Batu 4 , Kampung Jawa, 41000 Klang, Selangor Darul Ehsan on Friday, 25 January 2013 at 10:00 a.m. as per the Notice of EGM attached.

This announcement is dated 2 January 2013.
Date of Meeting25/01/2013
Time10:00 AM
Venue Conference Room of the Company at Lot 10449, Jalan Nenas, Batu 4 , Kampung Jawa, 41000 Klang, Selangor Darul Ehsan
Date of General Meeting Record of Depositors17/01/2013


HINGYAP - Changes in Sub. S-hldr's Int. (29B) - Ng Tiong Seng Corporation Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHING YIAP GROUP BERHAD  
Stock Name HINGYAP  
Date Announced2 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-130102-52D3E

Particulars of substantial Securities Holder

NameNg Tiong Seng Corporation Sdn. Bhd.
AddressLot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan.
NRIC/Passport No/Company No.17024-P
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderNg Tiong Seng Corporation Sdn. Bhd.
Lot 1282, Jalan Bukit Kemuning,
Seksyen 32,
40460 Shah Alam,
Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/12/2012
15,000
2.470 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect Interest
Direct (units)10,188,258 
Direct (%)14.17 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change10,188,258
Date of notice02/01/2013


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