Company announcements: SUNREIT, BENALEC, SUNWAY, KIMHIN, DIJACOR

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

Announcement Type: General Announcement

Company Name	SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name	SUNREIT
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	SR-130123-496A2

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNREIT”) - LETTER OF AWARD TOTALING RM258.4 MILLION TO SUNWAY CONSTRUCTION SDN BHD IN RELATION TO THE PROPOSED EXTENSION AND REFURBISHMENT OF SUNWAY PUTRA MALL
1. INTRODUCTION We wish to inform that OSK Trustees Berhad as trustee for SunREIT (“the Trustee”) has on 23 January 2013, authorised Sunway REIT Management Sdn Bhd, the Manager for SunREIT (”the Manager”) to award and appoint Sunway Construction Sdn Bhd (“SunCon”), a wholly-owned subsidiary of Sunway Holdings Sdn Bhd (“SunH”) which in turn is a wholly-owned subsidiary of Sunway Berhad (“Sunway”) as project delivery partner (PDP) for the planning, coordination, construction and completion of the proposed extension and refurbishment of Sunway Putra Mall which includes the following : a) 3-storey basement car park including 1-storey retail mall; b) 9-storey retail mall including 4-storey car park; and c) Addition of 4-storey cineplex at level 6 on Lot No 38, Seksyen 51, Jalan Putra, Wilayah Persekutuan, Kuala Lumpur [hereinafter referred to as the “Award”]. 2. INFORMATION ON SUNWAY, SUNH, SUNCON, THE MANAGER, THE TRUSTEE AND SUNREIT 2.1 Sunway Sunway 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 Sunway are RM1,000,0000,000.00 and RM1,292,505,004.00 respectively. The principal activities of Sunway are investment holding and provision of management services. 2.2 SunH SunH, a wholly-owned subsidiary of Sunway, 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 SunH are RM2,500,000,000.00 and RM1,928.67 respectively. The principal activities of SunH are investment holding and provision of management services. 2.3 SunCon SunCon, a wholly-owned subsidiary of SunH, 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 SunCon are RM1,000,000,000.00 and RM193,954,000.00 respectively. The principal activities of SunCon are turnkey, construction related design and build, civil engineering and building works. 2.3 The Manager The Manager (also referred to as “the Employer” under the Award), a wholly-owned subsidiary of Sunway, 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 the Manager are RM1,000,000/- respectively. The principal activity of the Manager is management of real estate investment fund. 2.4 The Trustee The Trustee is a company incorporated in Malaysia and having its registered office at 20th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur. It is registered as a trust company under the Trust Companies Act, 1949. The principal activity of the Trustee is providing professional private and corporate trustee services. The present authorised share capital of the Trustee is RM25,000,000 comprising 2,500,000 ordinary shares of RM10.00 each, of which 1,200,000 are currently issued and credited as partially paid-up of RM5.00 each in the Trustee. 2.5 SunREIT SunREIT was established pursuant to a Deed dated 20 May 2010 (as amended by a Supplementary Deed dated 10 June 2010) entered into between the Manager and the Trustee. The principal investment policy of SunREIT is to invest in commercial, office, industrial and other real estate assets. 3. SALIENT TERMS OF THE AWARD The salient terms of the Award are as follows:- 3.1 The general scope of the PDP’s duties and responsibilities for the Works includes the following stages (i) pre-construction stage (planning coordination, tender and award), (ii) construction and completion stage and (iii) defect liability period. “Works” is defined as the scope of the refurbishment works, including but not limited to the following: i) Retrofitting of existing carpark and retail mall (B2 to Level 8) including new architectural and interior finishes, piling & underpinning works, structural modification and strengthening works together with new mechanical and electrical equipment and services including retrofitting works to common areas affecting the retail mall, offices and hotel ii) Demolition of existing steel/RC structural and skylight works iii) Construction of new retail area including new structure iv) Refurbishment of entrances, ground floor lobbies and back of house (BOH) areas to retail mall, offices and hotel v) Upgrading of building fa ade vi) External and infrastructure works including improvement of external traffic and road system to and surrounding the Project vii) Pedestrian link bridge to existing Light Rail Transit (LRT) Station viii) Any other works related to and necessary for the functionality of the Works. 3.2 The whole of the Works shall be completed within twenty two (22) months from the date of commencement which is the date that possession of site is handed over. Notwithstanding this provision, the PDP shall endeavour to complete the Works expeditiously and diligently at no extra cost to the Employer. 3.3 The Provisional Contract Sum is RM258,400,000.00 (Ringgit Malaysia: Two Hundred and Fifty Eight Million Four Hundred Thousand Only) which comprises amongst others, various work contract packages to be competitively tendered. The price is deemed to include the cost of all works necessary for the timely and satisfactory completion of the Works in its entirety. The PDP is fully responsible and liable for the due performance by all the works contractors who are awarded the work contract packages. 3.4 All Works carried out on site shall comply with all relevant authorities’ requirements and approvals. The PDP shall be fully responsible and liable for the consequences of any Works executed without prior approval from the local authority including any form of fines or “Stop Work Order” issued by the relevant authority. 3.5 The Defect Liability Period (DLP) shall be twenty four (24) Months from the Date of Practical Completion stated in the Certificate of Practical Completion of the Works. 4. RATIONALE The refurbishment of Sunway Putra Mall is to be undertaken via a PDP arrangement as opposed to a traditional approach. A PDP arrangement is based on a concept whereby a PDP is appointed at a pre-construction stage and the rationale are as follows: - To leverage on the PDP’s capability, experience and resources from an early stage due to the complexity and magnitude of the refurbishment project - Limit post award uncertainties by involving the PDP on all aspects of design and procurement - Potentially lower cost due to better control over uncertainties with PDP’s early involvement and expertise - Shorter completion period compared to a traditional approach SunCon is appointed as the PDP based on the following justification: - It is a reputable company with good track record - It has the necessary expertise and resources to undertake the project - It is selected based on competitive quotation 5. EFFECTS OF THE AWARD 5.1 On Unit Capital and Substantial Unitholders’ Unitholding The Award will not have any effect on the total units of SunREIT in issue and substantial unitholders’ unitholding of SunREIT as they do not involve any allotment or issuance of new units by SunREIT. 5.2 On Net Asset Value (“NAV”) The Award will have no material impact or changes to the unaudited NAV of SunREIT at the time of completion. 5.3 On Earnings The Award is not expected to have any material effect on the earnings of SunREIT for the financial year ending 30 June 2013. 6. APPROVALS REQUIRED Pursuant to the Securities Commission’s Guidelines on Real Estate Investment Trusts, the Award does not require approvals from the Securities Commission or the unitholders of SunREIT. 7. DIRECTORS' AND MAJOR UNITHOLDERS' INTERESTS Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling is the Chairman and Non-Independent Non-Executive Director of the Manager and the Executive Chairman and a Non-Independent Executive Director of Sunway. Ms Sarena Cheah Yean Tih is a Non-Independent Non-Executive Director of the Manager and a Non-Independent Executive Director of Sunway. Dato’ Ngeow Voon Yean is a Non-Independent Non-Executive Director of the Manager who has direct interest in Sunway and indirect interest in SunREIT’s units through his spouse and child. In the interest of good corporate governance, as he also sits on the Board of Management Committee of Sunway and on the board of directors of certain subsidiaries of Sunway, he has opted to abstain and will continue to abstain from all deliberations and from voting in respect of the Award. Sunway is a major unitholder of SunREIT. Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling has direct as well as indirect interests in SunREIT via Sunway. Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Evan Cheah Yean Shin, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd being major shareholders of Sunway also have deemed interest in SunREIT via Sunway. Accordingly, Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Sarena Cheah Yean Tih and Dato’ Ngeow Voon Yean have abstained from all deliberations and from voting in respect of the Award. Save as disclosed above, none of the other directors of the Manager or major unitholders of SunREIT or persons connected with them has any interest, direct or indirect, in the Award. 8. THE MANAGER’S AUDIT COMMITTEE’S RECOMMENDATION The Audit Committee of the Manager, after having considered all aspects of the Award, is of the opinion that the Award is in the best interests of SunREIT and is not detrimental to the interests of the non-interested unitholders of SunREIT. The Audit Committee of the Manager is of the view that the Award is fair, reasonable, on normal commercial terms and carried out on an arm’s length basis. 9. STATEMENT BY THE BOARD OF DIRECTORS Save and except for Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Sarena Cheah Yean Tih and Dato’ Ngeow Voon Yean (abstained from deliberation and voting in the Board of the Manager in respect of the Award), the Board of Directors of the Manager is of the opinion that the Award is in the best interests of SunREIT and is not detrimental to the interests of the non-interested unitholders of SunREIT. The Board of Directors of the Manager is of the view that the Award is fair, reasonable, on normal commercial terms and carried out on an arm’s length basis. This announcement is dated 23 January 2013.

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SUNREIT - Income Distribution

Announcement Type: Entitlements (Notice of Book Closure)

Company Name	SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name	SUNREIT
Date Announced	23 Jan 2013
Category	Entitlements (Notice of Book Closure)
Reference No	SR-130123-58732

EX-date	07/02/2013
Entitlement date	13/02/2013
Entitlement time	05:00:00 PM
Entitlement subject	Income Distribution
Entitlement description	1) Second interim income distribution of 2.19 sen per unit (of which 1.83 sen per unit is taxable and 0.36 sen per unit is non-taxable) for the second quarter ended 31 December 2012 2) Advance distribution of 0.97 sen per unit (of which 0.83 sen per unit is taxable and 0.14 sen per unit is non-taxable) for the period from 1 January 2013 to 13 February 2013 (inclusive) ("Advance Distribution").
Period of interest payment	to
Financial Year End	30/06/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Sunway Management Sdn Bhd Level 16, Menara Sunway Jalan Lagoon Timur, Bandar Sunway 46150 Petaling Jaya, Selangor Darul Ehsan Tel No. 03-5639 8889
Payment date	27/02/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	13/02/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.0316

Remarks :

The Advance Distribution is for the period from 1 January 2013 to 13 February 2013, being the day immediately preceding the date on which the new units in Sunway REIT will be issued to identified investors pursuant to the Placement (announced on 9 October 2012). Consequently, the next income distribution will comprise Sunway REIT's distributable income for the period from 14 February 2013 to 31 March 2013. Thereafter, quarterly income distributions will resume.

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BENALEC - 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 Name	BENALEC HOLDINGS BERHAD
Stock Name	BENALEC
Date Announced	23 Jan 2013
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CK-130123-35290

Particulars of substantial Securities Holder

Name	Kumpulan Wang Persaraan (Diperbadankan)
Address	Aras 4, 5 & 6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur
NRIC/Passport No/Company No.	KWAPACT6622007
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary Shares of RM0.25 each
Name & address of registered holder	Kumpulan Wang Persaraan (Diperbadankan) Aras 4, 5 & 6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	16/01/2013	296,900
Acquired	17/01/2013	85,000

Circumstances by reason of which change has occurred	Disposal of shares in open market by KWAP on 16 January 2013 and purchase of shares in open market by KWAP's Fund Manager on 17 January 2013.
Nature of interest	Direct
Direct (units)	48,288,200
Direct (%)	6
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	48,288,200
Date of notice	22/01/2013

Remarks :

The Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 22 January 2013 was received by the Company on 23 January 2013.

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

Announcement Type: General Announcement

Company Name	SUNWAY BERHAD
Stock Name	SUNWAY
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	SS-130123-6FD20

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS
Description	SUNWAY BERHAD (“SUNWAY”) - LETTER OF AWARD TOTALLING RM258.4 MILLION FROM SUNWAY REAL ESTATE INVESTMENT TRUST IN RELATION TO THE PROPOSED EXTENSION AND REFURBISHMENT OF SUNWAY PUTRA MALL
The Board of Directors of Sunway is pleased to announce that Sunway Construction Sdn Bhd (“SunCon”), a wholly-owned subsidiary of Sunway Holdings Sdn Bhd which in turn is a wholly-owned subsidiary of Sunway, has on 23 January 2013, accepted the letter of award worth RM258.4 million from Sunway Real Estate Investment Trust (“SunREIT”) appointing SunCon as project delivery partner (PDP) for the planning, coordination, construction and completion of the proposed extension and refurbishment of Sunway Putra Mall which includes the following : a) 3-storey basement car park including 1-storey retail mall; b) 9-storey retail mall including 4-storey car park; and c) Addition of 4-storey cineplex at level 6 on Lot No 38, Seksyen 51, Jalan Putra, Wilayah Persekutuan, Kuala Lumpur [hereinafter referred to as the “Proposed Project”]. The Proposed Project is targeted to be fully completed within 22 months from the date of commencement of the works on the Project, which is the date that possession of the site is handed over to SunCon. It is expected to contribute positively to the earnings of Sunway Group from the financial year ending 31 December 2013 onwards. The Proposed Project is subject to general construction risks. However, this risk could be mitigated with the experience and expertise of SunCon in construction projects in Malaysia. The Proposed Project is a related party transaction by virtue of Tan Sri Dato’ Seri Dr Cheah Fook Ling and Ms Sarena Cheah Yean Tih being Directors of Sunway and Sunway REIT Management Sdn Bhd (the Manager for SunREIT) as well as being major shareholders and unitholders of Sunway and SunREIT. Sunway has obtained its shareholders’ mandate for its Recurrent Related Party Transactions ("RRPT") of revenue or trading nature at its 2nd Annual General Meeting held on 28 June 2012 ("RRPT Mandate"). The RRPT Mandate inter alia, covers the provision of construction works by SunCon or its subsidiaries to SunREIT and its subsidiaries. This announcement is dated 23 January 2013.

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KIMHIN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement

Company Name	KIM HIN INDUSTRY BERHAD
Stock Name	KIMHIN
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	KH-130123-56C5A

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD
Description	Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Chua Seng Guan has given notice of his intention to deal in the shares of KIMHIN during closed period. His interest in the shares of KIMHIN is set out below:-
Name of Director No. of shares held (Direct) % of Issued and Paid-up Share Capital No. of shares held (Indirect) % of Issued and Paid-up Share Capital Chua Seng Guan 566,000 0.41* 84,158,325 60.01* * Based on paid-up capital of RM155,616,013 divided into 155,616,013 ordinary shares of RM1.00 each, excluding treasury shares of 15,376,900.

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KIMHIN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement

Company Name	KIM HIN INDUSTRY BERHAD
Stock Name	KIMHIN
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	KH-130123-56C58

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD
Description	Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Chua Seng Huat has given notice of his intention to deal in the shares of KIMHIN during closed period. His interest in the shares of KIMHIN is set out below:-
Name of Director No. of shares held (Direct) % of Issued and Paid-up Share Capital No. of shares held (Indirect) % of Issued and Paid-up Share Capital Chua Seng Huat 1,243,225 0.89* 84,158,325 60.01* * Based on paid-up capital of RM155,616,013 divided into 155,616,013 ordinary shares of RM1.00 each, excluding treasury shares of 15,376,900.

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KIMHIN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement

Company Name	KIM HIN INDUSTRY BERHAD
Stock Name	KIMHIN
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	KH-130123-56C57

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD
Description	Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mdm Pauline Chua Hui Lin has given notice of her intention to deal in the shares of KIMHIN during closed period. Her interest in the shares of KIMHIN is set out below:-
Name of Director No. of shares held (Direct) % of Issued and Paid-up Share Capital No. of shares held (Indirect) % of Issued and Paid-up Share Capital Pauline Getrude Chua Hui Lin 328,900 0.23* 84,172,675 60.02* * Based on paid-up capital of RM155,616,013 divided into 155,616,013 ordinary shares of RM1.00 each, excluding treasury shares of 15,376,900.

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KIMHIN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement

Company Name	KIM HIN INDUSTRY BERHAD
Stock Name	KIMHIN
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	KH-130123-56C59

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD
Description	Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr John Chua Seng Chai has given notice of his intention to deal in the shares of KIMHIN during closed period. His interest in the shares of KIMHIN is set out below:-
Name of Director No. of shares held (Direct) % of Issued and Paid-up Share Capital No. of shares held (Indirect) % of Issued and Paid-up Share Capital John Chua Seng Chai 524,650 0.37* 84,158,325 60.01* * Based on paid-up capital of RM155,616,013 divided into 155,616,013 ordinary shares of RM1.00 each, excluding treasury shares of 15,376,900.

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KIMHIN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement

Company Name	KIM HIN INDUSTRY BERHAD
Stock Name	KIMHIN
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	KH-130123-56C4E

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD
Description	Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mdm Chua Yew Lin has given notice of her intention to deal in the shares of KIMHIN during closed period. Her interest in the shares of KIMHIN is set out below:-
Name of Director No. of shares held (Direct) % of Issued and Paid-up Share Capital No. of shares held (Indirect) % of Issued and Paid-up Share Capital Chua Yew Lin 332,400 0.24* 84,158,325 60.01* * Based on paid-up capital of RM155,616,013 divided into 155,616,013 ordinary shares of RM1.00 each, excluding treasury shares of 15,376,900.

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

Announcement Type: General Announcement

Company Name	DIJAYA CORPORATION BERHAD
Stock Name	DIJACOR
Date Announced	23 Jan 2013
Category	General Announcement
Reference No	DC-130123-5D7CC

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	Pursuant to paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Dijaya Corporation Berhad (“DCB” or the “Company”) wishes to announce the dealing in listed securities of the Company by Mr Choo Chee Beng, a Chief Financial Officer of the Company, as set out in the table below:-
Date of Purchase No. of ordinary shares of RM1.00 each purchased % of shareholdings Consideration (RM) 22 January 2013 15,000 Negligible 15,034.00 This announcement is dated 23 January 2013.

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