January 11, 2013

Company announcements: KSENG, KIANJOO, MUDA, PPB, TURIYA, UMW, YHS

KSENG - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company NameKECK SENG (MALAYSIA) BERHAD  
Stock Name KSENG  
Date Announced11 Jan 2013  
CategoryGeneral Announcement
Reference NoCU-130111-0A5D0

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionCrop production for the month of December 2012
On behalf of the Board of Directors of Keck Seng (Malaysia) Berhad, we would like to announce the crop production for the month of December 2012 as per table below :
ProductsTotal (metric ton)
1.Palm Oil4,034.74
2.Palm Kernel1,386.65
3.Fresh Fruit Bunch6,798.56


KIANJOO - 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 NameKIAN JOO CAN FACTORY BERHAD  
Stock Name KIANJOO  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKJ-130111-9995F

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTINGKAT 19, BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR
WILAYAH PERSEKUTUAN
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.25 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42, MENARA CITIBANK
165 JALAN AMPANG
50450 KUALA LUMPUR
WILAYAH PERSEKUTUAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed08/01/2013
101,300
 
Acquired08/01/2013
138,500
 

Circumstances by reason of which change has occurredDISPOSAL AND ACQUISITION OF SHARES
Nature of interestDIRECT
Direct (units)43,570,800 
Direct (%)9.81 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change43,570,800
Date of notice09/01/2013

Remarks :
Total number of shares held after change are as follows:-

(a) Employees Provident Fund Board - 1,500,000 shares

(b) Citigroup Nominees (Tempatan) Sdn Bhd - 34,144,900 shares
Employees Provident Fund Board

(c) Citigroup Nominees (Tempatan) Sdn Bhd - 4,990,100 shares
Employees Provident Fund Board (Templeton)

(d) Citigroup Nominees (Tempatan) Sdn Bhd - 2,935,800 shares
Employees Provident Fund Board (CIMB PRI)

The notice of change in interest (Form 29B) of Employees Provident Fund Board was received on 11 January 2013 from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board.


MUDA - Changes in Sub. S-hldr's Int. (29B) - ASIA FILE CORPORATION BHD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMUDA HOLDINGS BERHAD  
Stock Name MUDA  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMH-130111-34398

Particulars of substantial Securities Holder

NameASIA FILE CORPORATION BHD
AddressSUITE 2-1,2ND FLOOR, MENARA PENANG GARDEN
42A, JALAN SULTAN AHMAD SHAH
10050 PENANG
NRIC/Passport No/Company No.313192-P
Nationality/Country of incorporationMALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderAS ABOVE

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/01/2013
22,500
 
Acquired04/01/2013
9,500
 

Circumstances by reason of which change has occurredPURCHASE FROM OPEN MARKET
Nature of interestDIRECT INTEREST
Direct (units)6,110,400 
Direct (%)2.012 
Indirect/deemed interest (units)54,826,100 
Indirect/deemed interest (%)18.054 
Total no of securities after change60,936,500
Date of notice11/01/2013


MUDA - Changes in Sub. S-hldr's Int. (29B) - PRESTIGE ELEGANCE (M) SDN BHD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMUDA HOLDINGS BERHAD  
Stock Name MUDA  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMH-130111-34765

Particulars of substantial Securities Holder

NamePRESTIGE ELEGANCE (M) SDN BHD
AddressSUITE 2-1, 2ND FLOOR, MENARA PENANG GARDEN
42A, JALAN SULTAN AHMAD SHAH
10050 PENANG
NRIC/Passport No/Company No.329793-D
Nationality/Country of incorporationMALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderASIA FILES CORPORATION BHD
AS ABOVE

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/01/2013
22,500
 
Acquired04/01/2013
9,500
 

Circumstances by reason of which change has occurredPURCHASE FROM OPEN MARKET
Nature of interestDEEMED INTEREST BY VIRTUE OF INTEREST IN ASIA FILE CORPORATION BHD
Direct (units)
Direct (%)
Indirect/deemed interest (units)60,936,500 
Indirect/deemed interest (%)20.066 
Total no of securities after change60,936,500
Date of notice11/01/2013


MUDA - Changes in Sub. S-hldr's Int. (29B) - LIM SOON HUAT

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMUDA HOLDINGS BERHAD  
Stock Name MUDA  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMH-130111-35046

Particulars of substantial Securities Holder

NameLIM SOON HUAT
AddressNO. 28, JALAN BAGAN JERMAL
10250 PENANG
NRIC/Passport No/Company No.570712-07-5663
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderASIA FILE CORPORATION BHD
SUITE 2-1, 2ND FLOOR, MENARA PENANG GARDEN
42A, JALAN SULTAN AHMAD SHAH
10050 PENANG

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/01/2013
22,500
 
Acquired04/01/2013
9,500
 

Circumstances by reason of which change has occurredPURCHASE FROM OPEN MARKET
Nature of interestDEEMED INTEREST BY VIRTUE OF INTEREST IN ASIA FILE CORPORATION BHD
Direct (units)1,329,300 
Direct (%)0.438 
Indirect/deemed interest (units)60,936,500 
Indirect/deemed interest (%)20.066 
Total no of securities after change62,265,800
Date of notice11/01/2013


MUDA - Changes in Sub. S-hldr's Int. (29B) - DATIN KHOO SAW SIM

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMUDA HOLDINGS BERHAD  
Stock Name MUDA  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMH-130111-35277

Particulars of substantial Securities Holder

NameDATIN KHOO SAW SIM
Address3N, LORONG PANTAI MOLEK
TANJUNG TOKONG
10470 PENANG
NRIC/Passport No/Company No.340207-07-5116
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderASIA FILE CORPORATION BHD
SUITE 2-1, 2ND FLOOR, MENARA PENANG GARDEN
42A, JALAN SULTAN AHMAD SHAH
10050 PENANG

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/01/2013
22,500
 
Acquired04/01/2013
9,500
 

Circumstances by reason of which change has occurredPURCHASE FROM OPEN MARKET
Nature of interestDEEMED INTEREST BY VIRTUE OF INTEREST IN ASIA FILE CORPORATION BHD
Direct (units)
Direct (%)
Indirect/deemed interest (units)60,936,500 
Indirect/deemed interest (%)20.066 
Total no of securities after change60,936,500
Date of notice11/01/2013


PPB - 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 NamePPB GROUP BERHAD  
Stock Name PPB  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-130111-54604

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 RM1.00 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)
Acquired07/01/2013
3,000
 
Acquired08/01/2013
200,000
 

Circumstances by reason of which change has occurredACQUISITION
Nature of interestDIRECT
Direct (units)94,824,750 
Direct (%)
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change94,824,750
Date of notice11/01/2013


TURIYA - OTHERS PROPOSED CAPITALISATION OF PART OF THE BILLING FOR SERVICES FROM TURIYA BERHAD TO ACADEMIC MEDICAL CENTRE SDN BHD AMOUNTING TO RM4 MILLION (“PROPOSED CAPITALISATION”)

Announcement Type: General Announcement
Company NameTURIYA BERHAD  
Stock Name TURIYA  
Date Announced11 Jan 2013  
CategoryGeneral Announcement
Reference NoTT-130109-37775

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED CAPITALISATION OF PART OF THE BILLING FOR SERVICES FROM TURIYA BERHAD TO ACADEMIC MEDICAL CENTRE SDN BHD AMOUNTING TO RM4 MILLION (“PROPOSED CAPITALISATION”)

1.  Introduction 

Our announcement on 3 April 2012 relating to Proposed Capitalisation of additional 9 million shares in Academic Medical Centre Sdn Bhd refers.

 Turiya Berhad (“Turiya” or “the Company”) wishes to announce that the Company had on 11 January 2013 further subscribed for an additional 8 million ordinary shares of RM0.50 each in Academic Medical Centre Sdn Bhd (“AMC”), for a total consideration of RM4 million by partly converting the billings for services due from AMC. The Proposed Capitalisation together with the existing shareholder, has resulted Turiya’s stake-holding in AMC further diluted from 12.14% to 8.33% with Turiya’s consent.

2. Information on AMC

 AMC was incorporated in Malaysia on 10 December 2009 with an initial authorized share capital of RM10 million divided into 10 million ordinary shares of RM1.00 each. The issued and paid-up share capital is RM1 million divided into 1 million ordinary shares of RM1.00 each and is 80%-owned by Chase Perdana Sdn Bhd (“CPSB”) and 20%-owned by Turiya.

 On 20 August 2010, AMC has increased its authorized share capital from RM10 million to RM2 billion and subdivided the 2 billion ordinary shares of RM1.00 each to 4 billion ordinary shares of RM0.50 each. In consequent thereof, the issued and paid-up share capital of RM1 million divided into 1 million ordinary shares of RM1.00 each was divided into 2 million ordinary shares of RM0.50 each.

   On 29 December 2010, the issued and paid-up share capital of AMC was increased from RM1 million to RM20 million divided into 40 million ordinary shares of RM0.50 each and is 80%-owned by CPSB and 20%-owned by Turiya.

 Subsequently on 3 April 2012, the issued and paid-up share capital of AMC was increased from RM20 million to RM70 million divided into 140 million ordinary shares of RM0.50 each and is 87.86%-owned by CPSB and 12.14%-owned by Turiya.

 The principal activities of AMC are establishment and management of hospital, medical college, medical research centre and allied health sciences. AMC had on 2 November 2010 executed three (3) separate collaboration agreements to undertake the government Public Private Partnership (3PU) initiative to establish academic medical centre in Kuala Lumpur. In addition, a letter of invitation was presented to AMC by the Minister of Higher Education of Malaysia to set up and develop the Perdana University.

  Pursuant to the management accounts of AMC as at 30 November 2012, it is having shareholders’ capital deficiency of RM65.54 million and accordingly the Board of AMC has invited the existing shareholders to convert part of their advances into paid-up share capital.

3. Details of the Proposed Capitalisation

The subscription price for the Proposed Capitalisation is at par value of ordinary shares of RM0.50 each. Turiya will fund this exercise through capitalization of part of the billing for services from Turiya to AMC. There are no liabilities to be assumed by Turiya arising from the Proposed Subscription.

The Proposed Capitalisation will have an impact on the shareholdings of Turiya in AMC as follows:-

 

Existing

Proposed Capitalization

No. of shares

%

No. of shares

%

Chase Perdana Sdn Bhd

123,000,000

87.86

275,000,000

91.67

Turiya Berhad

17,000,000

12.14

25,000,000

 8.33

Total

140,000,000

100

300,000,000

100

As a result of the Proposed Capitalisation, Turiya’s shareholding in AMC has been further diluted to 8.33%.

4. Rationale for Proposed Capitalisation

The rationale of the Proposed Capitalisation is to enable Turiya to continue maintaining a significant interest in healthcare related activities. The proposed amount of 8 million of AMC shares to be subscribed by Turiya was decided after taking into consideration several factors including the risks and benefits as well as AMC long gestation period for profits and dividend.

5. Financial Effects of the Proposed Capitalisation

The Proposed Capitalisation will not have any effect on the share capital and substantial shareholders’ shareholdings of Turiya. The Proposed Capitalisation is not expected to have any immediate material effect on the earnings per share, net assets per share and gearing of Turiya.

6. Approvals Required

The percentage ratio of the Proposed Capitalisation is less than 5% and this announcement is made pursuant to Paragraph 10.08 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements. The Proposed Capitalisation does not require approval from the shareholders of Turiya or any relevant authorities.

7.  Prospect and Risk

The investment of Turiya in AMC would be subject to certain risks inherent in the medical academic industry in which AMC will be involved in. These risks include, amongst others, are as follows:

i. general and operational business risks within the medical academic industry;

ii. dependency on partnerships and collaboration with foreign university partners for graduate and undergraduate medical programme;

iii. changes in the government policies and the regulatory framework governing or affecting the medical academic industry such as licenses, registration and certification requirements which may affect AMC’s operations; and

iv. reliance on the number of students supplied by Private Services Department and MARA for the sustainability of the graduate and undergraduate programme.

AMC Management have taken note of the inherent risks above and measures have been taken to mitigate such risks including embedment of risk management practices across the relevant departments to ascertain compliance with all regulations, agreements and to address potential operational risks via an internally established standard of procedures, consistent reviewing and monitoring programmes.

Further, an extensive global marketing programme will be commenced with the objective of enrolling non-sponsored students through international affiliations to ensure less dependency on the Government sponsorship of local students.

8. Directors’ and Major Shareholders’ Interests

Save for the following, none of the Directors and/or Major Shareholders of the Company or persons connected to them has any interest, direct or indirect, in the Proposed Capitalisation:

(a) Empire Holdings Ltd (“Empire”) is a major shareholder of Turiya has an indirect interest in AMC by virtue of its subsidiary namely, CPSB’s major shareholding in AMC; and

(b) Tan Sri Datuk Dr. Mohan Swami, J.P., is:

i. The director and major shareholder of Empire, a major shareholder of Turiya;

ii. The Executive Chairman and major shareholder of Turiya by virtue of his major shareholding in Empire; and

iii. The Executive Chairman and major shareholder of AMC, by virtue of his major shareholding in Empire, an indirect major shareholder of AMC.

9.  Statement of the Audit Committee of Turiya

The Audit Committee of Turiya is of the opinion that the Proposed Capitalisation is in the best interest of Turiya, is fair, reasonable based on normal commercial terms and not detrimental to the interest of the minority shareholders of Turiya.

10. Statement by Board of Directors

The Board of Turiya (with the exception of Tan Sri Datuk Dr. Mohan Swami, J.P., who has abstained from all deliberations and voting), having considered all aspects of the Proposed Capitalisation, is of the opinion that the Proposed Capitalisation is in the best interest of Turiya.

This announcement is dated 11 January 2013.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



UMW - UMW-NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameUMW HOLDINGS BERHAD  
Stock Name UMW  
Date Announced11 Jan 2013  
CategoryListing Circular
Reference NoAL-130111-60326

LISTING'S CIRCULAR NO. L/Q : 66905 OF 2013


    Second interim single-tier dividend of 15.0 sen per share of RM0.50 each for the financial year ended 31st December 2012
    Further to Listing Circular No. L/Q : 66842 Of 2012, kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 16 January 2013 (Instead of 14 January 2013)]

    2) The last date of lodgement : [ 18 January 2013 (Instead of 16 January 2013)]

    3) Date Payable : [ 8 February 2013 (Remain Unchanged) ]


YHS - OTHERS YEO HIAP SENG (MALAYSIA) BERHAD (“YHSM” OR THE “COMPANY”) SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 (“SCR”)

Announcement Type: General Announcement
Company NameYEO HIAP SENG (MALAYSIA) BERHAD  
Stock Name YHS  
Date Announced11 Jan 2013  
CategoryGeneral Announcement
Reference NoOI-130111-56224

TypeAnnouncement
SubjectOTHERS
DescriptionYEO HIAP SENG (MALAYSIA) BERHAD (“YHSM” OR THE “COMPANY”)

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 (“SCR”)
The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the announcement dated 30 May 2012.
We refer to the earlier announcements made in relation to the SCR.

On behalf of the Board of Directors of YHSM, OSK Investment Bank Berhad wishes to announce that the capital repayment pursuant to the SCR via eCash Payment was made to the entitled shareholders of YHSM on 11 January 2013.

As for entitled shareholders who have not registered for eCash Payment, the cheques for the capital repayment were despatched on 11 January 2013.

In view of the above, OSK Investment Bank Berhad is pleased to announce that the SCR was completed today.

This announcement is dated 11 January 2013.


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