January 23, 2013

Company announcements: REDTONE, KULIM, MEDIAC, ICAP, SWKPLNT, HARTA, SUNWAY, KPJ, SILVER

REDTONE - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced23 Jan 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoCK-130122-56910

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Irredeemable Convertible Unsecured Loan Stocks 2010/2020
No. of shares issued under this corporate proposal8,000
Issue price per share ($$)MYR 0.250
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units480,719,825
CurrencyMYR 48,071,982.500
Listing Date25/01/2013

Remarks :
The 8,000 Ordinary Shares were allotted as a result of the conversion of 20,000 ICULS.


KULIM - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameKULIM (MALAYSIA) BERHAD  
Stock Name KULIM  
Date Announced23 Jan 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoJC-130123-4F643

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrant (Kulim-WC)
No. of shares issued under this corporate proposal1,543,478
Issue price per share ($$)MYR 3.850
Par Value ($$)MYR 0.250
Latest issued and paid up share capital after the above corporate proposal in the following
Units1,285,705,366
CurrencyMYR 321,426,341.500
Listing Date25/01/2013


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

Announcement Type: General Announcement
Company NameMEDIA CHINESE INTERNATIONAL LIMITED  
Stock Name MEDIAC  
Date Announced23 Jan 2013  
CategoryGeneral Announcement
Reference NoMC-130123-F5D16

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionMEDIA CHINESE INTERNATIONAL LIMITED (the "Company")
- Announcement pursuant to paragraphs 9.19(18) and 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

The Board of Directors of the Company wishes to announce that the Company has today received a notification from Mr Tiong Kiew Chiong, a Director of the Company notifying his changes to his shareholdings. Details of his shareholdings after the changes are set out in the table below:-

Type of transactionDate of change Name of registered holderNo. of shares Consideration per share% of sharesTotal shareholdings after changeCircumsatance by reason of which the change occurred
Acquisition18.01.2013Tiong Kiew Chiong52,000HK$2.5690.001,882,039 (0.11%)Acquisition of shares from open market
Disposal18.01.2013Tiong Kiew Chiong(200,000)RM1.170.011,682,039 (0.10%)Disposal of shares via open market

This announcement is dated 23 January 2013.



ICAP - Changes in Director's Interest (S135) - Tunku Ahmad Yahaya

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameICAPITAL.BIZ BERHAD  
Stock Name ICAP  
Date Announced23 Jan 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-130123-8BBEC

Information Compiled By KLSE

Particulars of Director

NameTunku Ahmad Yahaya
AddressNo. 5 Lorong Duta Satu
59100 Kuala Lumpur
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
03/12/2012
10,000
 

Circumstances by reason of which change has occurredPurchase via open market
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)3,499,000 
Indirect/deemed interest (%)2.5 
Date of notice23/01/2013

Remarks :
Indirect interest held by:-

a. His daugther: 2,710,000 shares.
b. Capital Dynamics Asset Management Sdn. Bhd.: 789,000 shares


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

Announcement Type: General Announcement
Company NameICAPITAL.BIZ BERHAD  
Stock Name ICAP  
Date Announced23 Jan 2013  
CategoryGeneral Announcement
Reference NoCK-130122-57641

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Tunku Ahmad Yahaya, the Director of icapital.biz Berhad ("the Company") has notified the Company on the change of his indirect interest in the Company.

Date of Acquisition

Number of Ordinary Shares

Percentage of Issued Ordinary Shares

Consideration Per Ordinary Share (RM)

3 December 2012

10,000

0.007%

2.33



SWKPLNT - 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 NameSARAWAK PLANTATION BERHAD  
Stock Name SWKPLNT  
Date Announced23 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSP-130123-F1C1D

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201 Jalan Tun Razak Peti Surat 11025 50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderLembaga Tabung Haji
201 Jalan Tun Razak Peti Surat 11025 50732 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired17/01/2013
3,900
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)3,900 
Direct (%)0.001 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change17,949,500
Date of notice23/01/2013


HARTA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHARTALEGA HOLDINGS BERHAD  
Stock Name HARTA  
Date Announced23 Jan 2013  
CategoryGeneral Announcement
Reference NoC&-130123-36832

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHARTALEGA HOLDINGS BERHAD

LITIGATION BETWEEN SENTINEL ENGINEERING (M) SDN BHD (“Sentinel”) AND HARTALEGA SDN BHD (“Hartalega Sdn Bhd”) AGAINST KENDEK PRODUCTS SDN BHD, TUCK HUA ENGINEERING SDN BHD, TOP GLOVE SDN BHD, TG MEDICAL SDN BHD, FLEXITECH SDN BHD, LATEXX MANUFACTURING SDN BHD, GREEN PROSPECT SDN BHD AND YTY INDUSTRY SDN BHD (collectively referred as “the Defendants”)






The company wishes to announce that Sentinel (a subsidiary of Hartalega Sdn Bhd) and Hartalega Sdn Bhd (a wholly owned subsidiary of Hartalega Holdings Berhad) have on 16th January 2013 filed Civil Suit No. 22IP-3-01/2013 in the High Court of Malaya at Kuala Lumpur against the Defendants for the infringement of Malaysian Patent No. MY 140770-A entitled “The Arrangement and Method of Assembling Former Holders” (“770 Patent”).

Sentinel and Hartalega have claimed for, inter alia, the following reliefs against the Defendants in the aforesaid suit:

a.) A Declaration that the770 Patent has been infringed by the Defendants.

b.) An Injunction to restrain the Defendants from infringing the 770 Patent.

c.) An order for destruction by the Defendants of all articles in their possession, power, custody and control that are infringing the 770 Patent by the Defendants.

d.) An order for disclosure against the Defendants.

e.) Damages and costs.

The matter has been fixed for case management on 30th January 2013.

The Company will make the necessary announcement on further development on the matter in due course.

This announcement is dated 23 January 2013.

The Company will make the necessary announcement on further development on the matter in due course.



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

Announcement Type: General Announcement
Company NameSUNWAY BERHAD  
Stock Name SUNWAY  
Date Announced23 Jan 2013  
CategoryGeneral Announcement
Reference NoSS-130123-78B7A

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionSUNWAY BERHAD (“SUNWAY”)
(1) SUPPLEMENTAL SUBSCRIPTION AND SHAREHOLDERS’ AGREEMENT BETWEEN SUNWAY CITY SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF SUNWAY), ISKANDAR ASSETS SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF ISKANDAR INVESTMENT BERHAD) AND HARMONY IMPULSE SDN BHD
(2) SUPPLEMENTAL SALE AND PURCHASE AGREEMENT BETWEEN ISKANDAR ASSETS SDN BHD AND HARMONY IMPULSE SDN BHD
1. INTRODUCTION
We refer to our announcement dated 4 December 2012 in relation to:

(a) Subscription and Shareholders’ Agreement (“SSA") between Sunway City Sdn Bhd (“SunCity”) (a wholly-owned subsidiary of Sunway), Iskandar Assets Sdn Bhd (“IASB”) (a wholly-owned subsidiary of Iskandar Investment Berhad) and Harmony Impulse Sdn Bhd (“HISB”) (a 60% owned subsidiary of Sunway) with the intention of establishing a joint venture via HISB to jointly undertake a mixed development project on the following parcels of freehold land located in Iskandar Malaysia (“the Land”) as well as to regulate the relationship of SunCity and IASB as shareholders of HISB:
    (i) Land held under HSD 452850, PTD 75802, Mukim of Pulai, District of Johor Bahru, measuring approximately 412.75 acres ("Pendas North Land"); and
    (ii) a portion of the Land held under HSD 452656, PTD 2398, Mukim of Tanjung Kupang, District of Johor Bahru measuring approximately 366.32 acres ("Western Pendas South Land").
    (b) Two (2) Sale and Purchase Agreements (“SPA”) between HISB and IASB for the acquisition of the Land on an “as is where is” basis and free from encumbrances but otherwise subject only to the express or implied conditions of the land title and restrictions-in interest endorsed on the land title or otherwise affecting the Land for a total purchase consideration of up to RM412,727,480.36.

    The Board of Directors of Sunway wishes to announce that IASB has agreed to sell and HISB has agreed to purchase the balance of the land held under HSD 452656, PTD 2398, Mukim of Tanjung Kupang, District of Johor Bahru measuring approximately 300 acres (“Second Plot”). For this purpose, SunCity has on 23 January 2013 entered into a Supplemental Subscription and Shareholders’ Agreement (“Supplemental SSA") with IASB and HISB to amend the SSA to document the additional equity to be injected by SunCity and IASB into HISB to finance part of the purchase price of the Second Plot.

    HISB has on even date, entered into a Supplemental Agreement to the Western Pendas South Land SPA (“Supplemental SPA”) with IASB for the acquisition of the Second Plot on an “as is where is” basis and free from encumbrances but otherwise subject only to the express or implied conditions of the land title and restrictions-in interest endorsed on the land title or otherwise affecting the Second Plot for a total purchase consideration of up to RM183,882,441.60 (“Proposed Acquisition”).

    2. INFORMATION ON SUNCITY, IASB AND HISB

    2.1 SunCity

    SunCity is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of SunCity are RM3,500,000,000/- and RM1,356.14 respectively. The principal activity of SunCity is investment holding. As at the date hereof, SunCity holds 60% of the issued share capital in HISB in accordance with the terms of the SSA.

    2.2 IASB

    IASB is a company incorporated in Malaysia and having its registered office at #G-12, Block 8, Danga Bay, Jalan Skudai, 80200 Johor Bahru, Johor. The authorised and paid-up share capital of IASB are RM5,000,000/- and RM2/- respectively. The principal activities of IASB are investment holding and dealing in land lease and land. As at the date hereof, IASB holds 40% of the issued share capital in HISB in accordance with the terms of the SSA.

    2.3 HISB

    HISB is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of HISB are RM100,000/- and RM100/- respectively. The principal activities of HISB are property development and property investment. Its shareholders are SunCity and IASB.

    3. SALIENT TERMS OF THE SUPPLEMENTAL SSA AND SUPPLEMENTAL SPA

    3.1 Supplemental SSA

    SunCity, IASB and HISB have entered into the Supplemental SSA to amend the terms and conditions of the SSA to include the terms for the additional equity injection by SunCity and IASB for purposes of the acquisition of the Second Plot.

    3.2 Supplemental SPA

    Pursuant to the Supplemental SPA, HISB will acquire the Second Plot from IASB on an “as is where is” basis and free from encumbrances but otherwise subject only to the express or implied conditions of the land title and restrictions-in interest endorsed on the land title or otherwise affecting the Second Plot for a total purchase consideration of up to RM183,882,441.60.

    The total purchase consideration of the land under the Western Pendas South Land SPA as supplemented by the Supplemental SPA of RM375,329,477.96 shall be satisfied by HISB in seven (7) instalments whereby the deposit for the Western Pendas South Land was paid within 14 days from the date of the SPA, the deposit for the Second Plot is to be paid upon 14 days of the date of the Supplemental SPA and the balance in five (5) annual instalments within a period of 120 months from the date of the SPA.

    The amount of the purchase consideration is subject to adjustments upon verification by IASB relating to the conditions of the Second Plot.

    4. BASIS OF ARRIVING AT THE PURCHASE CONSIDERATION FOR THE SUPPLEMENTAL SPA

    The purchase consideration of up to RM183,882,441.60 is calculated at the rate of approximately RM14.07 per square foot based on a total land area of approximately 300 acres. The amount of the purchase consideration is subject to adjustments upon verification by IASB relating to the conditions of the Second Plot.

    The purchase consideration was arrived at on a willing-buyer willing-seller basis between HISB and IASB after taking into account the following:

    (a) the development potential and prospects of the Second Plot in view of its strategic location adjacent to the Land and Zone F within Medini, Iskandar Malaysia i.e. the land leased to Sunway Iskandar Sdn Bhd commencing from 1 September 2012. The proposed mixed development on the Second Plot is expected to generate gross development value (“GDV”) amounting to approximately RM6 billion;
    (b) the Group’s strategy to further strengthen its foothold in Johor as well as the potential cost savings from synergistic benefits that may arise in areas such as sales and marketing and operations; and
    (c) the attractive payment terms that are staggered and deferred over a period of 120 months.

    No valuation of the Second Plot was carried out, given Sunway’s knowledge of the market value of the surrounding properties and the potential development value of similar land within the vicinity. Sunway is not able to disclose the net book value of the Second Plot as it is not privy to this information.

    5. LIABILITIES TO BE ASSUMED

    There are no liabilities (including contingent liabilities and guarantees) to be assumed by Sunway arising from the Proposed Acquisition.

    6. RATIONALE
      Subsequent to the acquisition of the Land on 4 December 2012, HISB was presented with the opportunity to acquire the Second Plot which is strategically located to enhance the development value of the Land. The Second Plot is located immediately to the east of the Western Pendas South Land and across Sungai Pendas from the Pendas North Land. As such, the Proposed Acquisition represents a natural extension and allows Sunway to have full control of the river front development on both sides of the river bank along Sungai Pendas. It is expected to generate substantial synergies with Sunway’s proposed development as well as create the potential for an even larger and more integrated township development. With the Proposed Acquisition, Sunway will be able to benefit from better master planning in terms of development components integration, accessibility and transport network circulation.

      Further, the Proposed Acquisition will increase Sunway’s landbank in Iskandar Malaysia to approximately 1,858 acres and propel Sunway to become one of the largest land owners in this high growth region.

      In addition, the balance of the purchase consideration for the Second Plot which is payable in five (5) annual installments from 72 months to 120 months from the date of the SPA, will reduce the holding cost for HISB. The attractive land price of RM14.07 per square foot is expected to generate an estimated GDV of RM6 billion. The Proposed Acquisition is expected to contribute positively to Sunway’s future earnings and improve shareholders’ value over the medium to long term.
        7. PROSPECTS

        The Malaysian economy, despite the challenging economic conditions, recorded a GDP growth of 5.2% in the third quarter (Second Quarter 2012: 5.6%). The economy is expected to remain on its sustainable growth path throughout 2013 to 2017. Its rate of expansion will slow slightly in 2013, to 4.5%, compared with an estimated 5.2% in 2012. The expected strengthening of the ringgit against the US dollar, together with moderating global fuel and food prices, should help to contain inflationary pressures in Malaysia in 2013. However, the gradual withdrawal of fuel and food subsidies will put some upward pressure on consumer prices, with annual inflation averaging 2.2% in 2013, compared with an estimated 1.7% in 2012. (Sources: Malaysia: Economic Overviews, Bloomberg, 8 January 2013 and Quarterly Bulletin, Third Quarter 2012, Bank Negara Malaysia, November 2012).

        Iskandar Malaysia has made substantial progress over the years, and is expected to attract more investors, both local and foreign. Iskandar Malaysia recorded RM20.36 billion in committed investments between January and November of 2012. This surpassed the targeted investment of RM100 billion with cumulative committed investments in various sectors reaching RM105.14 billion. Increased domestic investors’ interest and confidence was evident as about 64% of the total investments in Iskandar Malaysia came from local investors. This figure compares to only 45% local investment in 2008 (Source: “Iskandar M’sia Jan-Nov investments at RM20.36b”, The Edge, 11 December 2012).

        In future years, Johor is expected to receive much attention and interest from tourists and property buyers, both local and foreign, as more high profile projects are completed in the region, particularly in Iskandar Malaysia. Amongst the projects completed in late 2011 and 2012 are Legoland and Puteri Harbour Indoor Theme Park for tourism, Newcastle University and Marlborough College in EduCity, etc. Transportation has also improved with the recent completion of the Coastal Highway connecting Johor Bahru to Nusajaya and with the planning of the Southern Link.

        As such, the proposed integrated development to be undertaken will fit in well amongst the other developments in the area, including Sunway’s own proposed integrated development on the Land and in Zone F within Medini Iskandar. In view of the above, the Board of Directors of Sunway is optimistic of the prospects of the Second Plot.

        8. FEASIBILITY STUDY

        A feasibility study was conducted by Sunway and external consultants prior to the entering of the Supplemental SSA and Supplemental SPA.

        The preliminary feasibility of the Proposed Acquisition indicates that the proposed development of the Second Plot is expected to generate an estimated GDV of RM6 billion. Market studies were conducted by the internal experts to assess the relevant property market conditions and financial feasibility.

        Based on the results of the studies, Sunway’s management is of the view that the project financials meet the internal investment hurdle rate for Sunway to proceed with the Proposed Acquisition.

        9. RISK FACTORS

        The Proposed Acquisition to be undertaken by HISB is subject to the risks inherent in the property development and construction industries including expertise required to rehabilitate the land due to its terrain. The property development and construction risks include but are not limited to competition risks, unstable global and domestic economic conditions, currency fluctuations, unfavourable interest rate movements, inflation hike, shortages of raw materials and labour, increase in the cost of capital, political instability, changes in Government’s initiatives, including the continued commitment by Iskandar Region Development Authority in promoting Iskandar Malaysia, changes in statutory regulations and legal disputes.

        Sunway, with many years of experience in the business of property development and construction, will take the necessary steps to mitigate the various risks identified. However, no assurance can be given that significant changes in any of these factors will not materially affect Sunway’s operations and financial performance.

        10. SOURCE OF FUNDS

        The Proposed Acquisition and the development costs of the Second Plot will be funded through bank borrowings and/or internally generated funds.

        11. EFFECTS OF THE PROPOSED ACQUISITION

        11.1 On Share Capital and Substantial Shareholders' Shareholding

        The Proposed Acquisition will not have any effect on the share capital and substantial shareholders' shareholding of Sunway as they do not involve any allotment or issuance of new shares by Sunway.

        11.2 On Earnings Per Share, Net Assets Per Share and Gearing

        The Proposed Acquisition is not expected to have any immediate material effect on the earnings per share, net assets per share and gearing of Sunway for the current financial year ending 31 December 2013. However, the Proposed Acquisition is expected to contribute positively to the future earnings of Sunway Group.

        12. APPROVALS REQUIRED

        Pursuant to Chapter 10, Paragraph 10.08(9) of the Main Market Listing Requirements, the Proposed Acquisition is exempted from the obtaining the approval of the shareholders of Sunway. However, the Proposed Acquisition is subject to approval/consent of the relevant authorities.

        13. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

        IASB is a major shareholder of HISB and the vendor of the Second Plot. Therefore, IASB is interested in the Proposed Acquisition.

        Save as disclosed above, none of the directors or major shareholders of Sunway or persons connected with them has any interest, whether direct or indirect, in the Proposed Acquisition.

        14. OTHER TRANSACTIONS WITH RELATED PARTIES

        Save as disclosed below, there has been no other transactions entered into between companies within Sunway Group and IASB during the twelve (12) months preceding the date of this announcement.

        (i) SSA between SunCity, IASB and HISB dated 4 December 2012 to set out the terms and conditions of the subscription of shares by SunCity and IASB in HISB, to undertake the joint venture as well as to regulate the relationship of SunCity and IASB as shareholders of HISB, which was announced on 4 December 2012.

        (ii) Two (2) SPA between IASB and HISB dated 4 December 2012 whereby HISB will acquire the Land from IASB for a total purchase consideration of up to RM412,727,480.35, which was announced on 4 December 2012.

        15. SUNWAY’S AUDIT COMMITTEE’S RECOMMENDATION

        The Audit Committee of Sunway, after having considered all aspects of the Proposed Acquisition, is of the opinion that the Proposed Acquisition is in the best interest of Sunway Group and is not detrimental to the interests of the non-interested shareholders of Sunway. The Audit Committee of Sunway is of the view that the Proposed Acquisition is fair, reasonable and on normal commercial terms.

        16. STATEMENT BY THE BOARD OF DIRECTORS

        The Board of Directors of Sunway, having considered all aspects of the Proposed Acquisition including but not limited to the rationale, fairness of consideration, the Supplemental SSA and Supplemental SPA and recommendation by the Audit Committee, is of the opinion that the Proposed Acquisition is in the best interests of Sunway Group and is not detrimental to the interests of the non-interested shareholders of Sunway. The Board of Directors are of the view that the Proposed Acquisition is fair, reasonable and on normal commercial terms.

        17. HIGHEST PERCENTAGE RATIOS PURSUANT TO PARAGRAPH 10.02(G) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

        The highest percentage ratios as set out in Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Proposed Acquisition and the capital contribution by SunCity in HISB are 12.0% and 3.7% respectively, which is the value of the purchase consideration compared with the net assets of Sunway and the value of assets compared to net assets of Sunway based on the audited financial statements of Sunway for the financial year ended 31 December 2011.

        18. ESTIMATED TIMEFRAME FOR COMPLETION OF THE PROPOSED ACQUISITION

        Barring any unforeseen circumstances and subject to the approval of the relevant authorities and fulfillment of all conditions precedent, the Proposed Acquisition is expected to be completed by 2022.

        19. DOCUMENTS AVAILABLE FOR INSPECTION

        The Supplemental SSA and Supplemental SPA are available for inspection at the registered office of Sunway at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan during normal business hours (9.00 a.m. to 6.00 p.m.) from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.


        This announcement is dated 23 January 2013.


        KPJ - 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 NameKPJ HEALTHCARE BERHAD  
        Stock Name KPJ  
        Date Announced23 Jan 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoJC-130123-6C440

        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 RM0.50 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)
        Acquired18/01/2013
        200,000
         

        Circumstances by reason of which change has occurred
        Acquisition of shares
        Nature of interestIndirect
        Direct (units) 
        Direct (%) 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Total no of securities after change104,134,274
        Date of notice21/01/2013

        Remarks :
        The notice dated 21 January 2013 was received via courier on 23 January 2013.


        SILVER - NOTICE TO WARRANTHOLDERS IN RELATION TO EXPIRY AND LAST DATE FOR THE EXERCISE OF WARRANTS 2008/2013

        Announcement Type: PDF Submission
        Company NameSILVER BIRD GROUP BERHAD  
        Stock Name SILVER  
        Date Announced23 Jan 2013  
        CategoryPDF Submission
        Reference NoCC-130123-41278

        SubjectNOTICE TO WARRANTHOLDERS IN RELATION TO EXPIRY AND LAST DATE FOR THE EXERCISE OF WARRANTS 2008/2013

        Attachments

        Notice to Warrantholders.pdf
        74 KB






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