January 18, 2013

Company announcements: HLFG, MRCB, IRCB, YNHPROP

HLFG - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameHONG LEONG FINANCIAL GROUP BERHAD  
Stock Name HLFG  
Date Announced18 Jan 2013  
CategoryGeneral Announcement
Reference NoOI-130118-62925

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionHONG LEONG FINANCIAL GROUP BERHAD ("HLFG" OR THE "COMPANY")

CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY OSK INVESTMENT BANK BERHAD ("OSK") ON BEHALF OF HONG LEONG FINANCIAL GROUP BERHAD ("HLFG" OR "OFFEROR") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN HONG LEONG CAPITAL BERHAD NOT ALREADY HELD BY THE OFFEROR ("OFFER SHARES") FOR A CASH CONSIDERATION OF RM1.71 PER OFFER SHARE ("OFFER")
We refer to the announcement of the notice of conditional voluntary take-over offer made on 14 January 2013.
On behalf of HLFG, OSK wishes to announce that the Company has submitted an application today to Bank Negara Malaysia and the Securities Commission Malaysia ("SC") to seek relevant approvals in relation to the Offer.

We also wish to announce that the approval from the Equity Compliance Unit of the SC, is not required for the purpose of this Offer.

This announcement is dated 18 January 2013.


MRCB - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMR-130118-63666

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak
Peti Surat 11025
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderLembaga Tabung Haji
Maybank Asset Management Sdn Bhd
CIMB-Principal Asset Management Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed31/12/2012
150,000
 
Disposed16/01/2013
50,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change113,815,773
Date of notice17/01/2013


IRCB - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced18 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130118-56953

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionINTEGRATED RUBBER CORPORATION BERHAD ("IRCB" or "the Company")
Writ of Summon - High Court of Malaya, Civil Suit No.: 22NCC-44-01/2013
AmBank (M) Berhad vs Comfort Rubber Gloves Industries Sdn Bhd, IRCB and Chip Lam Seng Berhad ("the Defendants")

The Board of Directors of the Company ("Board") wishes to announce that the Company and its wholly-owned subsidiary, Comfort Rubber Gloves Industries Sdn Bhd ("CRG") had been served with a Writ of Summon and Statement of Claim thereof by AmBank (M) Berhad ("the Plaintiff") on 18 January 2013 and that this case has been fixed for case management on 23 January 2013.

The Writ of Summon arose from the default in payment in relation to the banking facilities granted by the Plaintiff to CRG.

The particulars of the claim ("Claim") under the Writ of Summon are as follows:

a) the sum of RM8,056,967.99 due and owing as at 17 December 2012 in respect of the Revolving Credit Facility granted to CRG together with interest at the rate of 4% per annum based on the Plaintiff's Base Lending Rate from 18 December 2012 until full settlement of the amount owing.

b) the sum of RM903,950.98 due and owing as at 17 December 2012 in respect of the Overdraft Facility granted to CRG together with interest at the rate of 3.5% per annum based on the Plaintiff's Base Lending Rate from 18 December 2012 until full settlement of the amount owing.

c) the sum of RM96,000.00 due and owing as at 17 December 2012 in respect of the Bankers Acceptance Facility granted to CRG together with interest at the rate of 4% per annum based on the Plaintiff's Base Lending Rate from 18 December 2012 until full settlement of the amount owing.

c) Legal costs.

d) All subsequent relief.

The Company is still in the midst of negotiating with the bank for a standstill arrangement. The Board is of the opinion that the impact on the business, financial and operations of CRG will be determined by the outcome of the current negotiation with the banks. The Company will provide an update as soon as the outcome is known.

The expected losses arising from the Claim, should it be successfully made against the Defendants will be up to the Sum of Claim and the costs.

The Company is currently seeking legal advice with regards to the above Writ of Summon and Statement of Claim. Further development of the above material litigation will be announced to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 18 January 2013.



IRCB - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced18 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130118-52395

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionINTEGRATED RUBBER CORPORATION BERHAD ("IRCB" or "the Company")
Writ of Summon - High Court of Malaya, Civil Suit No.: 22NCC-48-01/2013
CIMB Bank Berhad vs Comfort Rubber Gloves Industries Sdn Bhd and Chip Lam Seng Enterprise Berhad ("the Defendants")

The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Comfort Rubber Gloves Industries Sdn Bhd ("CRG") had been served with a Writ of Summon and Statement of Claim thereof by CIMB Bank Berhad ("the Plaintiff") on 17 January 2013.

The Writ of Summons arose from the default in payment in relation to the banking facilities granted by the Plaintiff to CRG.

The particulars of the claim ("Claim") under the Writ of Summon are as follows:

a) the sum of RM991,853.38 due and owing as at 14 December 2012 in respect of the Overdraft Facility granted to CRG together with interest continuing from 15 December 2012 to the date of full and final realisation at the Plaintiff's Base Lending Rate + 1.5% per annum + 1% per annum on daily rests.

b) the sum of RM3,514,542.65 due and owing as at 14 December 2012 in respect of the Revolving Credit Facility granted to CRG together with interest continuing from 14 December 2012 to the date of full and final realisation at the Plaintiff's Cost of Funds + 1.5% per annum + 1% per annum on all principal sums due.

c) Legal costs.

d) All subsequent relief.

The Company is still in the midst of negotiating with the bank for a standstill arrangement. The Board is of the opinion that the impact on the business, financial and operations of CRG will be determined by the outcome of the current negotiation with the banks. The Company will provide an update as soon as the outcome is known.

The expected losses arising from the Claim, should it be successfully made against the Defendants will be up to the Sum of Claim and the costs.

The Company is currently seeking legal advice with regards to the above Writ of Summon and Statement of Claim. Further development of the above material litigation will be announced to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 18 January 2013.



YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC and its subsidiaries

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130117-61575

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC and its subsidiaries
Address10 Queen's Terrace, Aberdeen, AB10 1YG, Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holder1) Aberdeen Asset Management Asia Limited
21, Church Street #01-01, Capital Square Two, Singapore 049480

2) Aberdeen International Fund Managers Limited
Rm 2605-06, 26/F Alexandra House 18 Chater Road, Central, HongKong

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/01/2013
10,000
 

Circumstances by reason of which change has occurred1) An investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.

2) An investment position taken in connection with Aberdeen International Fund Managers Limited's ordinary business in fund management.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)54,539,641 
Indirect/deemed interest (%)13.22 
Total no of securities after change54,539,641
Date of notice10/01/2013

Remarks :
Received notice dated 10 January 2013 from Aberdeen Asset Management PLC and its subsidiaries on 18 January 2013.

This announcement is dated 18 January 2013.


YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management Asia Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130117-62337

Particulars of substantial Securities Holder

NameAberdeen Asset Management Asia Limited
Address21, Church Street #01-01,Capital Square Two, Singapore 049480
NRIC/Passport No/Company No.199105448E
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderBNP Paribas Securities Service

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/01/2013
10,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)35,638,129 
Indirect/deemed interest (%)8.64 
Total no of securities after change35,638,129
Date of notice09/01/2013

Remarks :
Received notice dated 9 January 2013 from Aberdeen Asset Management Asia Limited on 18 January 2013.

This announcement is dated 18 January 2013.


YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen International Fund Managers Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130117-62805

Particulars of substantial Securities Holder

NameAberdeen International Fund Managers Limited
AddressRm 2605-06, 26/F Alexandra House 18 Chater Road, Central, HongKong
NRIC/Passport No/Company No.145551
Nationality/Country of incorporationHong Kong
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderBNP Paribas Securities Services

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/01/2013
10,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen International Fund Managers Limited's ordinary business in fund management.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)23,789,887 
Indirect/deemed interest (%)5.77 
Total no of securities after change23,789,887
Date of notice10/01/2013

Remarks :
Received notice dated 10 January 2013 from Aberdeen International Fund Managers Limited on 18 January 2013.

This announcement is dated 18 January 2013.


YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC and its subsidiaries

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130118-53537

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC and its subsidiaries
Address10 Queen's Terrace, Aberdeen, AB10 1YG, Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holder1) Aberdeen Asset Management Asia Limited
21, Church Street #01-01, Capital Square Two, Singapore 049480

2) Aberdeen International Fund Managers Limited
Rm 2605-06, 26/F Alexandra House 18 Chater Road, Central, HongKong

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/01/2013
7,900
 

Circumstances by reason of which change has occurred1) An investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.

2) An investment position taken in connection with Aberdeen International Fund Managers Limited's ordinary business in fund management.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)54,547,541 
Indirect/deemed interest (%)13.22 
Total no of securities after change54,547,541
Date of notice11/01/2013

Remarks :
Received notice dated 11 January 2013 from Aberdeen Asset Management PLC and its subsidiaries on 18 January 2013.

This announcement is dated 18 January 2013.


YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management Asia Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130118-53847

Particulars of substantial Securities Holder

NameAberdeen Asset Management Asia Limited
Address21, Church Street #01-01, Capital Square Two, Singapore 049480
NRIC/Passport No/Company No.199105448E
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderBNP Paribas Securities Services

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/01/2013
7,900
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)35,646,029 
Indirect/deemed interest (%)8.64 
Total no of securities after change35,646,029
Date of notice11/01/2013

Remarks :
Received notice dated 11 January 2013 from Aberdeen Asset Management Asia Limited on 18 January 2013.

This announcement is dated 18 January 2013.


YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen International Fund Managers Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130118-54091

Particulars of substantial Securities Holder

NameAberdeen International Fund Managers Limited
AddressRm 2605-06, 26/F Alexandra House 18 Chater Road, Central, Hongkong
NRIC/Passport No/Company No.145551
Nationality/Country of incorporationHong Kong
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderBNP Paribas Securities Services

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/01/2013
7,900
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen International Fund Managers Limited's ordinary business in fund management.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)23,797,787 
Indirect/deemed interest (%)5.77 
Total no of securities after change23,797,787
Date of notice11/01/2013

Remarks :
Received notice dated 11 January 2013 from Aberdeen International Fund Managers Limited on 18 January 2013.

This announcement is dated 18 January 2013.


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