ETITECH - PRACTICE NOTE 1 / GUIDANCE NOTE 5:NEW DEFAULT
| Company Name | ETI TECH CORPORATION BERHAD |
| Stock Name | ETITECH |
| Date Announced | 9 Jan 2013 |
| Category | General Announcement |
| Reference No | CA-130109-64708 |
| Type | Announcement | ||||||||||||||||||||||||
| Subject | PRACTICE NOTE 1 / GUIDANCE NOTE 5 NEW DEFAULT | ||||||||||||||||||||||||
| Description | ETI Tech Corporation Berhad (“ETICB” or “the Company”) Default in Payment pursuant to Practice Note 1 (PN1) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements (“Main LR”) | ||||||||||||||||||||||||
1. Introduction The Board of Directors of ETI Tech Corporation Berhad (“ETICB” or “the Company”) wishes to announce that ETI Tech (M) Sdn. Bhd. (“ETI Tech”), a wholly-owned subsidiary of the Company, had defaulted in payment pursuant to PN1 of the Main LR, where the total amount outstanding is more than 5% of the consolidated net assets of the Company and the details of the said credit facilities are as below:-
2. Reasons for Default ETI Tech did not have sufficient funds to service the principal and interest due in respect of the credit facilities granted by SCB. The insufficient of fund was mainly due to the delay in collection and slowdown in current business. 3. Measures to address the Default ETI Tech is negotiating with its bankers for the restructuring of its current credit facilities. ETI Tech is in the midst of re-strategizing an immediate action to overcome the current situation. 4. Financial and Legal Implications of the Default ETI Tech has received Notice of Demand dated January 7, 2013 from the Solicitors of SCB, seeking to recover the entire outstanding amount as at December 31, 2012. SCB will take legal action against ETI Tech of which in the worst-case scenario, a winding up petition might be filed against ETI Tech and ETICB (as corporate guarantor to the said credit facilities). 5. Business, Financial and Operational Impact of the Default The Default might lead to discontinuity of the Group’s business operation. Despite the above, ETI Tech is strive to manage existing business with limited financing resources. The Management of ETI Tech has taken proactive measures to enhance its financial position to ensure continued operation. 6. Cross Default The Default constitutes an event of default under the agreement for indebtedness with other creditor banks for ETI Tech, i.e. HLBB and MBB.
ETI Tech is in the midst of discussion with HLBB and MBB for rescheduling of the payment for the outstanding credit facilities granted by HLBB and MBB. 7. Major Subsidiary ETI Tech is a major subsidiary of ETICB. 8. Solvency Declaration The Management of ETICB is currently arranging a meeting with the Board of Directors to discuss on the solvency position of the Company. Upon obtaining directions from the Board of Directors, an announcement will be made accordingly. | |||||||||||||||||||||||||
XOX - Changes in Sub. S-hldr's Int. (29B) - Wong Yip Kee
| Company Name | XOX BHD (ACE Market) |
| Stock Name | XOX |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130109-44E91 |
Particulars of substantial Securities Holder
| Name | Wong Yip Kee |
| Address | No. 8, Jalan BJ/6A, Taman Bukit Jaya Bukit Antarabangsa, 68000 Ampang Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 550614-14-5025 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Wong Yip Kee No. 8, Jalan BJ/6A, Taman Bukit Jaya Bukit Antarabangsa, 68000 Ampang Selangor Darul Ehsan Peh Poh Choo No. 8, Jalan BJ/6A, Taman Bukit Jaya Bukit Antarabangsa, 68000 Ampang Selangor Darul Ehsan Wong Ai Ling No. 8, Jalan BJ/6A, Taman Bukit Jaya Bukit Antarabangsa, 68000 Ampang Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 03/01/2013 | 200,000 | |
| Disposed | 04/01/2013 | 400,000 |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 9 Jan 2013 |
| Category | General Announcement |
| Reference No | MD-130109-59111 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 09-01-2013 Fund:MYETFDJ NAV per unit (RM):1.1212 Units in Circulation (units):259,500,000 Manager's Fee (%p.a):0.40 Trustee's Fee (%p.a):0.05 License Fee (%p.a):0.04 DJIM25 Index:987.87 |
DRBHCOM - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | DRB-HICOM BERHAD |
| Stock Name | DRBHCOM |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DD-130109-D944C |
Particulars of substantial Securities Holder
| Name | EMPLOYEES PROVIDENT FUND 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 RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Level 42 Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 04/01/2013 | 2,433,500 | |
| Disposed | 04/01/2013 | 1,482,500 |
ORIENT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | ORIENTAL HOLDINGS BERHAD |
| Stock Name | ORIENT |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130109-51CF9 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund 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 stocks of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD(Aberdeen) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 04/01/2013 | 677,300 |
| Remarks : |
| This Notice was received on 9 January 2013. |
ORIENT - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")
| Company Name | ORIENTAL HOLDINGS BERHAD |
| Stock Name | ORIENT |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130109-25148 |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc. ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome Chiyoda-ku, Tokyo, 100-8330 Japan |
| NRIC/Passport No/Company No. | NIL |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary stocks of RM1.00 each |
| Name & address of registered holder | Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries 10 Queen's Terrace Aberdeen AB10 1YG, Scotland |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 04/01/2013 | 18,700 |
| Remarks : |
| This Notice was received on 9 January 2013. |
SIME - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | SIME DARBY BERHAD |
| Stock Name | SIME |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SD-130109-4C3F6 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund 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 RM0.50 each |
| Name & address of registered holder | Please refer to "Remarks" below |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 04/01/2013 | 3,623,700 | |
| Disposed | 04/01/2013 | 946,600 |
| Remarks : |
| 1. Total no. of shares held after change are as follows:- (a) Employees Provident Fund Board (1,500,000 shares) (b) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (697,853,953 shares) (c) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AMUNDI) (2,200,000 shares) (d) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (HDBS) (6,367,000 shares) (e) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) (1,803,800 shares) (f) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) (5,015,900 shares) (g) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (MAYBAN) (800,000 shares) (h) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ALLIANCE) (2,950,000 shares) (i) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (25,224,702 shares) (j) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (600,000 shares) (k) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (7,517,900 shares) (l) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,300,000 shares) (m) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) (195,300 shares) 2. The notice of change in substantial shareholding was received from Citigroup Nominees (Tempatan) Sdn Bhd for and on behalf of Employees Provident Fund Board on 9 January 2013. |
SIME - Changes in Sub. S-hldr's Int. (29B) - Yayasan Pelaburan Bumiputra
| Company Name | SIME DARBY BERHAD |
| Stock Name | SIME |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SD-130109-52F2A |
Particulars of substantial Securities Holder
| Name | Yayasan Pelaburan Bumiputra |
| Address | c/o Permodalan Nasional Berhad Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 37113-P |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | Permodalan Nasional Berhad Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 07/01/2013 | 330,000 |
| Remarks : |
| The notice of change in substantial shareholding was received from Yayasan Pelaburan Bumiputra on 9 January 2013. |
SIME - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
| Company Name | SIME DARBY BERHAD |
| Stock Name | SIME |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SD-130109-4C406 |
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 RM0.50 each |
| Name & address of registered holder | AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 03/01/2013 | 1,000,000 |
| Remarks : |
| The notice of change in substantial shareholding was received from AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera on 9 January 2013. |
SIME - Changes in Sub. S-hldr's Int. (29B) - Permodalan Nasional Berhad
| Company Name | SIME DARBY BERHAD |
| Stock Name | SIME |
| Date Announced | 9 Jan 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SD-130109-52F29 |
Particulars of substantial Securities Holder
| Name | Permodalan Nasional Berhad |
| Address | Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 38218-X |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | Permodalan Nasional Berhad Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 07/01/2013 | 330,000 |
| Remarks : |
| The notice of change in substantial shareholding was received from Permodalan Nasional Berhad on 9 January 2013. |
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