January 11, 2013

Company announcements: MINETEC, LPI, PRLEXUS, TSH, SCIB, WCT

MINETEC - Minetech Resources Berhad (“the Company” or MRB”) - Quarry Operation at Mukim Pengkalan Baru, Daerah Manjung, Perak by Optimis Dinamik Sdn. Bhd. (“Manjung Quarry”)

Announcement Type: General Announcement
Company NameMINETECH RESOURCES BERHAD  
Stock Name MINETEC  
Date Announced11 Jan 2013  
CategoryGeneral Announcement
Reference NoCA-130111-38708

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-130110-38374
SubjectMinetech Resources Berhad (“the Company” or MRB”)
- Quarry Operation at Mukim Pengkalan Baru, Daerah Manjung, Perak by Optimis Dinamik Sdn. Bhd. (“Manjung Quarry”)
DescriptionWe refer to the announcement dated 8 January 2013 and the query letter dated 10 January 2013 (Ref: NM-130110-38374) from Bursa Malaysia Securities Berhad in relation to the subject matter.

The Company wishes to announce the following additional information:-

1. Details of the Circumstances leading to the termination of the Contract

On 28 March 2006, Optimis Dinamik Sdn. Bhd. (“ODSB”),a wholly-owned subsidiary of Minetech Quarries Sdn. Bhd., which in turn a wholly-owned subsidiary of MRB had entered an agreement with Sri Manjung Granite Quarry Sdn. Bhd. (“SMGQ”) whereby SMGQ grants ODSB the sole and exclusive right to develop, maintain and operate the quarry lands at Mukim Pengkalan Baru, Daerah Manjung (“Quarry Sites”) measuring approximately 65 hectares for the purpose of sale of the quarry product.

Under the Agreement, SMGQ shall grant ODSB the full liberty of the Quarry Sites for the purpose of working a quarry, conducting ancillary and related activities and for stockpiling of quarry material and other ancillary activities including but not limited to removal of overburden, excavate, quarry, dig, work and win rock materials and any other items as may be necessary for the purpose of carrying out quarry operations. ODSB also has full liberty to establish and undertake premix operations on the Quarry Sites.

The Agreement shall be for a term of fifteen (15) years with the option to extend for a further period of five (5) years on the terms and conditions to be mutually agreed.

On 19 November 2012,ODSB received a termination notification from SMGQ’s legal representative due to ODSB had breached the terms and conditions i.e. by using unregistered lorries and employing illegal workers and requested ODSB immediately stop of operations and return the Quarry Sites to SMGQ. In our legal opinion, the alleged breach which was easily rectified does not invoke a termination of the Agreement. The said notification enclosed a copy of the letter dated 29 October 2012 from Pejabat Hutan Daerah, Kinta/Manjung (“PHDK”), which ODSB did not receive prior to 19 November 2012, stating that ODSB has breached the terms and conditions set by Ministry of Forestry, Perak.

The Company is challenging the abovementioned notice of termination as baseless and wrongful in view that the above breached of terms and conditions have been rectified immediately upon receiving the notice.

2. Financial and Operation Impact of the termination on MRB Group

The operational impact to the MRB Group will be limited as the manpower will be utilised for other existing quarry sites and new activities. At this time, it is not possible for the Company to assess what, if any, is the financial impact of the purported termination of the Agreement. This is particularly so, as the Company does not accept the termination of the Agreement as being valid. The Company shall take all steps to enforce its rights pursuant to the Agreement including taking steps to declare the termination as invalid. Accordingly, the Company is unable to provide more details pertaining to the financial impact or losses, if any, that may be suffered by the Company at this moment.

3. Rights available to MRB upon termination under the agreement/arrangement with Sri Manjung Granite Quarry Sdn. Bhd.

The Company, through its legal counsels is in the midst of initiating the necessary legal actions to dispute the validity of this termination of the Agreement.


This announcement is dated 11 January 2013.
Query Letter Contents We refer to your Company's announcement dated 8 Jan 2013 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

1) Details of the circumstances leading to the termination of contract.
2) Financial and operational impact of the termination on MINETEC Group.
3) Rights available to MINETEC upon termination under the
agreement(s)/arrangement with Sri Manjung Granite Quarry Sdn. Bhd.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully



SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

WCY/NM
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)


LPI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameLPI CAPITAL BHD  
Stock Name LPI  
Date Announced11 Jan 2013  
CategoryGeneral Announcement
Reference NoLC-130110-34160

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) under Chapter 14 of Bursa Malaysia Securities Berhad Listing Requirements on Dealing in Securities, we wish to notify that we have received notification from the following Director of LPI Capital Bhd (LPI) in relation to his dealings in LPI outside closed period as follow :-

Name of the

Director

Description of Securities

Date of

Disposal

Price Per Securities (RM)

No. of Securities Disposed

% of Shares Disposed*

Nature of Interest

Mr Tan Kok Guan

Ordinary Shares of RM1.00 each

9 January 2013

14.79

20,000

0.0091

Indirect

* Exclude 1,014,600 LPI’s ordinary shares of RM1.00 each bought-back by LPI and retained as treasury shares.


PRLEXUS - Changes in Sub. S-hldr's Int. (29B) - Lau Boon Hwa

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePROLEXUS BERHAD  
Stock Name PRLEXUS  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130110-65171

Particulars of substantial Securities Holder

NameLau Boon Hwa
Address42 Jalan Zapin, Taman Kemajuan, 83000 Batu Pahat, Johor
NRIC/Passport No/Company No.620627-01-5685
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holder1) Lau Boon Hwa of 42 Jalan Zapin Taman Kemajuan, 83000 Batu Pahat, Johor
2) JE Holdings Sdn. Bhd. of Suite 1608, Level 16, Plaza Pengkalan Batu 3, Jalan Ipoh, 51100 Kuala Lumpur
3) Mayban Nominees (Tempatan) Sdn. Bhd. of 14th Floor, Manara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur (Beneficiary : JE Holdings Sdn. Bhd.)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed10/01/2013
20,000
 

Circumstances by reason of which change has occurredOpen market disposals
Nature of interestDirect
Direct (units)173,000 
Direct (%)0.47 
Indirect/deemed interest (units)1,766,215 
Indirect/deemed interest (%)4.79 
Total no of securities after change1,939,225
Date of notice11/01/2013

TSH - Changes in Director's Interest (S135) - Datuk (Dr) Kelvin Tan Aik Pen

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced11 Jan 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTR-130110-63971

Information Compiled By KLSE

Particulars of Director

NameDatuk (Dr) Kelvin Tan Aik Pen
AddressMenara TSH
No. 8 Jalan Semantan
Damansara Heights
50490 Kuala Lumpur
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
10/01/2013
100,000
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)100,962,726 
Direct (%)12.1 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice11/01/2013

TSH - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced11 Jan 2013  
CategoryGeneral Announcement
Reference NoTR-130110-63574

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has transacted dealing in the securities of the Company as set out in Table 1 hereunder.

This announcement is dated 11 January 2013.

Date of AcquisitionName of DirectorAverage Purchase Price Per Share (RM)Number of Shares% of Issued Shares
10.01.2013Datuk (Dr) Kelvin Tan Aik Pen2.24100,0000.01199

TSH - Changes in Sub. S-hldr's Int. (29B) - Datuk (Dr) Kelvin Tan Aik Pen

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTR-130110-63206

Particulars of substantial Securities Holder

NameDatuk (Dr) Kelvin Tan Aik Pen
AddressMenara TSH
No. 8 Jalan Semantan
Damansara Heights
50490 Kuala Lumpur
NRIC/Passport No/Company No.570907-10-6095
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderAlliancegroup Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Tan Aik Pen
6th Floor, Menara Multi-Purpose Capital Square
8 Jalan Munshi Abdullah
50100 Kuala Lumpur

Amsec Nominees (Tempatan) Sdn Bhd
- Pledged securities account - Ambank (M) Berhad for Tan Aik Pen
15th Floor, Bangunan Ambank Group
55 Jalan Raja Chulan
50200 Kuala Lumpur

ECML Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Tan Aik Pen
Ground Floor, Bangunan ECM Libra
8 Jalan Damansara Endah
Damansara Heights
50490 Kuala Lumpur

HSBC Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Tan Aik Pen
2 Jalan Lebuh Ampang
50100 Kuala Lumpur

RHB Capital Nominees (Tempatan) Sdn. Bhd.
- Pledged securities account for Tan Aik Pen
Level 3A, Tower One RHB Centre
Jalan Tun Razak
50400 Kuala Lumpur

Tan Aik Pen
Menara TSH, No. 8 Jalan Semantan
Damansara Heights
50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/01/2013
100,000
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Direct (units)100,962,726 
Direct (%)12.1 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change100,962,726
Date of notice11/01/2013

SCIB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameSARAWAK CONSOLIDATED INDUSTRIES BERHAD  
Stock Name SCIB  
Date Announced11 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130111-F382F

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09 of the Main Market Listing Requirements, Sarawak Consolidated Industries Berhad ("the Company") wishes to announce that the Company has received notification dated 11 January 2013 from the director of the Company, Tan Sri Datuk Amar (Dr.) Hamid Bin Bugo as outlined below:
Date of Acquisition
Nature of dealing
Consideration (RM)
No. of shares acquired
10 January 2013
Direct Interest
- Acquisition through Maybank Nominees (Tempatan) Sdn. Bhd. 		RM0.31
per share
18,900 (0.03%)

SCIB - Changes in Director's Interest (S135) - Tan Sri Datuk Amar (Dr.) Hamid Bin Bugo

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSARAWAK CONSOLIDATED INDUSTRIES BERHAD  
Stock Name SCIB  
Date Announced11 Jan 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130111-F34F9

Information Compiled By KLSE

Particulars of Director

NameTan Sri Datuk Amar (Dr.) Hamid Bin Bugo
AddressNo. 325, Jalan Siol Kandis, Petra Jaya, 93050 Kuching, Sarawak
Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
10/01/2013
18,900
0.310 

Circumstances by reason of which change has occurredAcquisition through Maybank Nominees (Tempatan) Sdn. Bhd.
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)3,082,700 
Direct (%)4.19 
Indirect/deemed interest (units)9,281,600 
Indirect/deemed interest (%)12.61 
Date of notice11/01/2013

Remarks :
(1) Direct Interest:
(a) 2,201,400 shares (2.99%) are registered in his own name
(b) 881,300 shares (1.20%) are held through Maybank Nominees (Tempatan) Sdn. Bhd.

(2) Indirect Interest:
(a) Pacific Unit Sdn. Bhd. - 9,281,600 shares (12.61%)*

*: Deemed interested by virtue of his substantial shareholding in Pacific Unit Sdn. Bhd.

SCIB - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Datuk Amar (Dr.) Hamid Bin Bugo

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSARAWAK CONSOLIDATED INDUSTRIES BERHAD  
Stock Name SCIB  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130111-F36E1

Particulars of substantial Securities Holder

NameTan Sri Datuk Amar (Dr.) Hamid Bin Bugo
AddressNo. 325, Jalan Siol Kandis, Petra Jaya, 93050 Kuching, Sarawak
NRIC/Passport No/Company No.450825-13-5005
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderMaybank Nominees (Tempatan) Sdn. Bhd.
194, Al-Idrus Commercial Centre, Jalan Satok, 93400 Kuching, Sarawak

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/01/2013
18,900
0.310 

Circumstances by reason of which change has occurredAcquisition through Maybank Nominees (Tempatan) Sdn. Bhd.
Nature of interestDirect Interest
Direct (units)3,082,700 
Direct (%)4.19 
Indirect/deemed interest (units)9,281,600 
Indirect/deemed interest (%)12.61 
Total no of securities after change12,364,300
Date of notice11/01/2013

Remarks :
(1) Direct Interest:
(a) 2,201,400 shares (2.99%) are registered in his own name
(b) 881,300 shares (1.20%) are held through Maybank Nominees (Tempatan) Sdn. Bhd.

(2) Indirect Interest:
(a) Pacific Unit Sdn. Bhd. - 9,281,600 shares (12.61%)*

*: Deemed interested by virtue of his substantial shareholding in Pacific Unit Sdn. Bhd.

WCT - 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 NameWCT BERHAD  
Stock Name WCT  
Date Announced11 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-130111-88D02

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPFACT1991
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 (90,362,310 Shares)
Employees Provident Fund Board (1,722,125 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(HDBS)(6,273,595 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) (1,746,850 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ALLIANCE INV) (2,587,500 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (3,657,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (5,957,950 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (1,650,000 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired08/01/2013
57,300
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)113,957,330 
Direct (%)11.82 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change113,957,330
Date of notice11/01/2013

Remarks :
Form 29B dated 9 January 2013 was received on 11 January 2013.

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