January 31, 2013

Company announcements: PRKCORP, KYM, AIRB, SALCON, MAHSING, EKOVEST, NAGAMAS, FRB, FITTERS

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

Announcement Type: General Announcement
Company NamePERAK CORPORATION BERHAD  
Stock Name PRKCORP  
Date Announced31 Jan 2013  
CategoryGeneral Announcement
Reference NoCS-130129-64551

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionACQUISITIONS OF SHARES IN INTEGRAX BERHAD

On behalf of the Board of Directors of Perak Corporation Berhad (“PCB”), we wish to announce that Taipan Merit Sdn Bhd, a wholly owned subsidiary of PCB, has acquired quoted securities in which the aggregate purchase consideration has exceeded the percentage ratio for a related party transaction of 0.25%.

For further details, kindly refer to the announcement attached herewith.

This announcement is dated 31 January 2013.

Attachments

Annc acq Integrax shares.pdf
62 KB



KYM - OTHERS KYM Holdings Bhd ("KYM" or "Company") Disposal of Subsidiary

Announcement Type: General Announcement
Company NameKYM HOLDINGS BERHAD  
Stock Name KYM  
Date Announced31 Jan 2013  
CategoryGeneral Announcement
Reference NoKH-130131-63454

TypeAnnouncement
SubjectOTHERS
DescriptionKYM Holdings Bhd ("KYM" or "Company")
Disposal of Subsidiary

The Board of Directors of KYM is pleased to announce to the Exchange that its wholly-owned subsidiary, Polypulp Enterprises Sdn Bhd (“PESB”) has on 31 January 2013 entered into a Shares Sale Agreement with Caely Holdings Bhd (“CHB” or “Purchaser”) to dispose of its entire 51,0000 ordinary shares of RM1 each representing 51% of the issued and paid-up capital of Omni Green Sdn Bhd for a total consideration of RM250,000. (“Disposal”). The Disposal resulted in OGSB ceasing to be a subsidiary of KYM.

Please refer to the attachment for further details.

This announcement is dated 31 January 2013.



AIRB - OTHERS ALIRAN IHSAN RESOURCES BERHAD (“AIRB”) SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF AIRB UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (“SCR”)

Announcement Type: General Announcement
Company NameALIRAN IHSAN RESOURCES BERHAD  
Stock Name AIRB  
Date Announced31 Jan 2013  
CategoryGeneral Announcement
Reference NoMI-130131-60419

TypeAnnouncement
SubjectOTHERS
DescriptionALIRAN IHSAN RESOURCES BERHAD (“AIRB”)

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF AIRB UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (“SCR”)

We refer to the past announcements in relation to the SCR.

On behalf of the Board of Directors of AIRB, Maybank Investment Bank Berhad wishes to announce that the SCR has taken effect today following the lodgment of the sealed copy of the order obtained from the High Court of Malaya at Kuala Lumpur dated 4 January 2013, confirming the SCR with the Companies Commission of Malaysia today.

This announcement is dated 31 January 2013.



SALCON - OTHERS SALCON BERHAD ("SALCON” OR THE “COMPANY”) SUPPLEMENTAL AGREEMENT TO THE TRANSFER-OPERATE-TRANSFER (“TOT”) AGREEMENT BETWEEN THE PEOPLE’S GOVERNMENT OF CHANGLE COUNTY (“PGCC”) AND SHANDONG CHANGLE SALCON WATER COMPANY LIMITED (“SCSW”), A WHOLLY-OWNED SUBSIDIARY OF SALCON SHANDONG (HK) LIMITED, A SUBSIDIARY OF SALCON BERHAD.

Announcement Type: General Announcement
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced31 Jan 2013  
CategoryGeneral Announcement
Reference NoCK-130131-56330

TypeAnnouncement
SubjectOTHERS
DescriptionSALCON BERHAD ("SALCON” OR THE “COMPANY”)
SUPPLEMENTAL AGREEMENT TO THE TRANSFER-OPERATE-TRANSFER (“TOT”) AGREEMENT BETWEEN THE PEOPLE’S GOVERNMENT OF CHANGLE COUNTY (“PGCC”) AND SHANDONG CHANGLE SALCON WATER COMPANY LIMITED (“SCSW”), A WHOLLY-OWNED SUBSIDIARY OF SALCON SHANDONG (HK) LIMITED, A SUBSIDIARY OF SALCON BERHAD.

Further to our earlier announcement made on 25 January 2013 on the subject-matter, we wish to inform/clarify on the following:-

1. Source of Fund

The total investment cost will be borne by SCSW and will be funded through internally generated funds and bank borrowings, currently envisaged to be in the proportion of 70% through bank borrowings while the remaining 30% by internal generated funds. The final proportion of funding shall be determined at a later date.

2. Gearing

Based on the latest audited consolidated financial statements of the Company for the financial year ended 31 December 2011 and the assumption that RM7,910,000 representing 70% of the total investment cost is financed through bank borrowings to be procured by the Company for the Upgrading Project, the gearing of Salcon Group will increase to 0.18 times from 0.16 times.



MAHSING - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced31 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMS-130131-22D6E

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan) ["KWAP"]
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang, 55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/01/2013
139,100
 
Disposed25/01/2013
24,200
 

Circumstances by reason of which change has occurredAcquisition and disposal of shares by KWAP's fund manager
Nature of interestDirect
Direct (units)60,718,000 
Direct (%)7.229 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change60,718,000
Date of notice31/01/2013

Remarks :
Form 29B received on 31 January 2013


EKOVEST - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):COMBINATION OF TRANSACTIONS

Announcement Type: General Announcement
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced31 Jan 2013  
CategoryGeneral Announcement
Reference NoEE-130131-36633

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
COMBINATION OF TRANSACTIONS
DescriptionEKOVEST BERHAD (“EKOVEST”)

(I) PROPOSED TRANSFER OF 100% OF THE ORDINARY SHARES OF RM1.00 EACH IN WIRA KRISTAL SDN BHD (“WIRA KRISTAL”) IN EXCHANGE FOR NEW ORDINARY SHARES OF RM1.00 EACH IN EKOVEST (“PROPOSED SHARE EXCHANGE”);

(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF EKOVEST (“PROPOSED IASC”); AND

(III) PROPOSED EXEMPTION SOUGHT BY TAN SRI DATO’ LIM KANG HOO (“TAN SRI LIM”) AND THE PERSONS ACTING IN CONCERT (“PAC”) WITH TAN SRI LIM UNDER PARAGRAPH 16.1 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 FROM THE OBLIGATION TO EXTEND A TAKE-OVER OFFER FOR ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN EKOVEST NOT ALREADY OWNED BY TAN SRI LIM AND THE PAC WITH TAN SRI LIM UPON COMPLETION OF THE PROPOSED SHARE EXCHANGE (“PROPOSED EXEMPTION”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcements dated 30 January 2012, 18 July 2012, 6 November 2012, 7 December 2012, 25 January 2013 and 30 January 2013 in relation to the Proposals.

In accordance with the Malaysian Code on Take-Overs and Mergers 2010, the Board of Directors of Ekovest (“Board”) wishes to announce that OSK Investment Bank Berhad has been appointed as the independent adviser for the Proposed Exemption to advise the non-interested shareholders of Ekovest on the fairness and reasonableness of the Proposed Exemption.

This announcement is dated 31 January 2013.



NAGAMAS - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameNAGAMAS INTERNATIONAL BERHAD  
Stock Name NAGAMAS  
Date Announced31 Jan 2013  
CategoryFinancial Results
Reference NoCS-130129-52539

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

4th Qtr 2012.pdf
327 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
1,650
3,659
10,291
15,336
2Profit/(loss) before tax
-1,008
-1,144
-1,479
-1,321
3Profit/(loss) for the period
-1,008
-1,086
-1,479
-1,263
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,008
-1,086
-1,479
-1,263
5Basic earnings/(loss) per share (Subunit)
-1.98
-2.13
-2.91
-2.48
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.4807
0.3321
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


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

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced31 Jan 2013  
CategoryGeneral Announcement
Reference NoFR-130131-41EF2

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionEXECUTION OF INVESTMENT AGREEMENT
- PARTIAL SUBSCRIPTION OF SECOND TRANCHE OF THE SUBSCRIPTION SHARES IN YAKIMBI SDN BHD

We refer to our announcements made on 17 October 2012 and 5 December 2012 in respect of the execution of Investment Agreement, Shareholders' Agreement and Option Agreement ("Announcements").

For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Announcements.

The Board of Directors of Formis Resources Berhad is pleased to announce that the subscription of 116,667 ordinary shares of RM1.00 each, being partial subscription of the 2nd Tranche of the Subscription Shares by CNA in Yakimbi has been completed on 31 January 2013 as mutually agreed upon by both CNA and Yakimbi.

This announcement is dated 31 January 2013.



FRB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced31 Jan 2013  
CategoryGeneral Announcement
Reference NoMB-130131-62075

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionFORMIS RESOURCES BERHAD ("FORMIS" OR THE “COMPANY")

PROPOSED PAR VALUE REDUCTION
PROPOSED RIGHTS ISSUE WITH WARRANTS
PROPOSED AMENDMENTS TO M&A

(COLLECTIVELY THE “PROPOSALS”)
Reference is made to the announcements dated 5 November 2012 and 23 January 2013 in relation to the Proposals (“Announcements”). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.
On behalf of the Board of Directors of Formis, AmInvestment Bank Berhad is pleased to announce that the Company had on 31 January 2013 filed an application to the High Court of Malaya to obtain its confirmation in respect of the Proposed Par Value Reduction.

This announcement is dated 31 January 2013.


FITTERS - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced31 Jan 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCC-130131-ABB3A

Date of buy back from18/01/2013
Date of buy back to21/01/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)1,850,000
Minimum price paid for each share purchased ($$)0.605
Maximum price paid for each share purchased ($$)0.635
Total amount paid for shares purchased ($$)1,157,831.98
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)1,850,000
Total number of shares retained in treasury (units)24,801,000
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies31/01/2013
Lodged by Strategy Corporate Secretariat Sdn. Bhd.


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