January 15, 2013

Company announcements: TMCLIFE, CIMBA40, CIMBC25, PARAMON, MELEWAR, MUIIND, TM

TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Juara Sejati Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced15 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130115-273FC

Particulars of substantial Securities Holder

NameJuara Sejati Sdn. Bhd.
AddressLot 13-01A, Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.185618-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn. Bhd.
Level 12
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/01/2013
500,000
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Juara Sejati Sdn. Bhd.'s interest in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn. Bhd. ("SCSB").
Direct (units)80,733,933 
Direct (%)10.06 
Indirect/deemed interest (units)172,708,449 
Indirect/deemed interest (%)21.52 
Total no of securities after change253,442,382
Date of notice11/01/2013

Remarks :
SCSB acquired the shares between 9 January 2013 to 11 January 2013.

The Form 29B was received today.


TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Berjaya Group Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced15 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130115-273FB

Particulars of substantial Securities Holder

NameBerjaya Group Berhad
AddressLot 13-01A, Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.7308-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn. Bhd.
Level 12
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/01/2013
500,000
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Berjaya Group Berhad's interest in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn. Bhd. ("SCSB").
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)258,509,382 
Indirect/deemed interest (%)32.22 
Total no of securities after change258,509,382
Date of notice11/01/2013

Remarks :
SCSB acquired the shares between 9 January 2013 to 11 January 2013.

The Form 29B was received today.


TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Berjaya Corporation Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced15 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130115-273FA

Particulars of substantial Securities Holder

NameBerjaya Corporation Berhad
AddressLot 13-01A, Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.554790-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn. Bhd.
Level 12
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/01/2013
500,000
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Berjaya Corporation Berhad's interest in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn. Bhd.("SCSB").
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)258,509,382 
Indirect/deemed interest (%)32.22 
Total no of securities after change258,509,382
Date of notice11/01/2013

Remarks :
SCSB acquired the shares between 9 January 2013 to 11 January 2013.

The Form 29B was received today.


TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dato' Seri Vincent Tan Chee Yioun

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced15 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130115-273ED

Particulars of substantial Securities Holder

NameTan Sri Dato' Seri Vincent Tan Chee Yioun
AddressLot 12 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.520223-01-5779
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn. Bhd.
Level 12
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/01/2013
500,000
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Tan Sri Dato' Seri Vincent Tan's interest in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn. Bhd. ("SCSB").
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)258,509,382 
Indirect/deemed interest (%)32.22 
Total no of securities after change258,509,382
Date of notice11/01/2013

Remarks :
SCSB acquired the shares between 9 January 2013 to 11 January 2013.

The Form 29B was received today.


CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced15 Jan 2013  
CategoryGeneral Announcement
Reference NoOB-130115-67076

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 15-Jan-2013
IOPV per unit (RM): 1.6502
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 11,288.80

Attachments

Asean40.pdf
10 KB



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced15 Jan 2013  
CategoryGeneral Announcement
Reference NoOB-130115-66876

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 15-Jan-2013
IOPV per unit (RM): 0.9862
Units in circulation (units): 29,250,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 18,220.48

Attachments

China25.pdf
25 KB



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

Announcement Type: General Announcement
Company NamePARAMOUNT CORPORATION BERHAD  
Stock Name PARAMON  
Date Announced15 Jan 2013  
CategoryGeneral Announcement
Reference NoPC-130115-85A08

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionParamount Corporation Berhad
- Acquisition by Paramount Property (Cjaya) Sdn Bhd (formerly known as Omni Assets Sdn Bhd), a wholly-owned subsidiary of the Company, of a piece of vacant freehold residential land measuring in area approximately 50.01 acres identified as Block 17 within the Cyberjaya Flagship Zone, Mukim Dengkil, Daerah Sepang, Negeri Selangor Darul Ehsan from Cyberview Sdn Bhd and Setia Haruman Sdn Bhd at the final adjusted purchase price of RM78,451,233.84 (the Acquisition)

Reference is made to the announcement of 1 June 2010 in relation to the Acquisition.

The Board of Directors of Paramount Corporation Berhad wishes to announce that the Acquisition has been completed on 31 December 2012 following the fulfillment of the conditions precedent of the Sale Agreement dated 1 June 2010 and the settlement of the balance of the final adjusted purchase price amounting to RM31,396,965.68.



MELEWAR - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameMELEWAR INDUSTRIAL GROUP BERHAD  
Stock Name MELEWAR  
Date Announced15 Jan 2013  
CategoryGeneral Announcement
Reference NoCM-130115-63618

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionMEMORANDUM OF UNDERSTANDING BETWEEN PT MEDCO POWER INDONESIA AND MPERIAL POWER LTD, A WHOLLY-OWNED SUBSIDIARY OF MELEWAR STEEL ENGINEERING SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
1. INTRODUCTION
      Melewar Industrial Group Berhad (“MIG” or “the Company”) wishes to announce that Mperial Power Ltd (“MPL”), a wholly-owned subsidiary of Melewar Steel Engineering Sdn Bhd, which in turn is a wholly-owned subsidiary of MIG, has today signed a Memorandum of Understanding (“MOU”) with PT Medco Power Indonesia (“MPI”), in respect of MPL intending to dispose to MPI a stake of 20% of Phase 1 under Siam Power Generation Public Company Limited’s (“Siam Power”) and 60% of Phase 2 under a newly incorporated company named Siam Power Phase 2 Company Limited (“SPP2”) (“the Sale Shares”) (“the Proposed Disposal”).

      MPI’s offer price for 20% of the shares in Phase 1 is subject to satisfactory due diligence by MPI and will be based on a valuation done by a reputable and independent party acceptable to MPI and MPL (“the Parties”); and has to satisfy MPI’s expected rate of return.
      MPI’s offer price for 60% of the shares in SPP2 is USD9.0 million (“Purchase Price”) and is based on zero debt and liabilities. The Purchase Price is subject to satisfactory due diligence by MPI. The due diligence period of sixty (60) days for SPP2 will start upon signing of the MOU.


2. BACKGROUND OF MPL, MPI AND SIAM POWER
      2.1 Information on MPL
          MPL was incorporated on 15 December 2005 under the Offshore Companies Act, 1990 as a private limited company. The present authorized share capital of MPL is USD13,000 comprising 13,000 ordinary shares of USD1.00 each whilst the issued and paid-up capital is USD100.00 comprising 100 ordinary share of USD1.00 each.
          MPL is an investment holding company.
      2.2 Information on MPI
          MPI is a company incorporated under the laws of Indonesia with its business registered office at The Energy, 50th Floor, Jalan Jend Sudirman, Kav 52-53, Jakarta 12190. MPI is an established power plant owner and operator in Indonesia.

      2.3 Information on Siam Power
          Siam Power was incorporated on 9 February 1996 under the laws of Thailand and having its principal place of business at 555, Soi Sukhimvit 63 (Ekhamai), Sukhumvit Road, Klongton-Nua, Wattana, Bangkok 10110 as a public limited company. The present authorized and paid up share capital of Siam Power is THB3,345,547,000 divided into 334,554,700 shares of THB10 each as at the date hereof. Siam Power is a power generation company.
          As at the date hereof, MPL owns 98.4% of the issued shares in Siam Power. The remaining 1.6% of the issued shares in Siam Power is owned by E Power Pte Ltd, a company incorporated in British Virgin Islands owning 0.5% and Nippon Power Management Pte Ltd, a company incorporated in Singapore owning 1.1%.

          Siam Power has completed a 160 MW natural gas fired combined cycle cogeneration power plant located in the SSP Rayong Industrial Park at Ban Khai in the Rayong Province of Thailand under Phase 1. 90 MW of Siam Power’s electricity under Phase 1, is sold to EGAT under the Power Purchase Agreement of the Small Power Producer program of the Ministry of Energy of Thailand and the remaining power is sold to G Steel Public Company Limited (“G Steel”), a steel mill in the same industrial park pursuant to the Amended and Restated Energy Services Agreement dated 19 August 2008 (the “ARES Agreement”).

          Due to the default by G Steel in payment for power supplied by Siam Power, Siam Power has stopped the supply of power to G Steel since end 2011. As at the date of this announcement, G Steel is undergoing a corporate restructuring which is expected to complete by the first quarter of 2013, whereupon, they will resume offtake of power from Siam Power.

          Siam Power has been awarded a second Power Purchase Agreement by the Electricity Generating Authority of Thailand (“EGAT”) to supply another 90 MW of electricity. This new electricity supply will be dispatched from a new plant to be construed on the land adjacent to Phase 1 and the project will be developed as Phase 2 which shall be undertaken by SPP2.
3. RATIONALE
      The purpose of the MOU is to set forth the preliminary terms and conditions of the sale and purchase of the Sale Shares leading to the execution of the Conditional Share Sale Agreement (“CSSA”) Phase 1, Share Sale Agreement (“SSA”) Phase 2, Shareholders’ Agreement (“SHA”) between shareholders of Siam Power, SHA between shareholders of SPP2, and such other documents as shall be advised by MPL’s and MPI’s advisors (“the Formal Documents”) on or before sixty (60) days from the date of the MOU.

4. SALIENT TERMS OF THE MOU
      The salient terms of the MOU include, amongst others, the following :
      4.1 Terms of Payment
          (i) USD5 million as down payment (“Downpayment”) for the Purchase Price of 20% shares in Phase 1 shall be paid by MPI to MPL at the signing date of CCSA. The signing of the CCSA for Phase 1 and SSA for Phase 2 will be executed simultaneously after the completion of due diligence by MPI. If the conditions precedent are not fulfilled by 30 June 2014, the Downpayment shall be refunded by MPL to MPI. If the conditions precedent are fulfilled by the said date and MPI fails to complete the purchase of 20% of Phase 1, the Downpayment shall be forfeited. As collateral to the CSSA, MPL shall pledge its 40% shares in SPP2 to MPI;
            (ii) USD2.0 million of the Purchase Price of 60% shares in Phase 2 shall be paid by MPI to MPL upon the execution of the SSA Phase 2. This payment shall be referred to as “the Phase 2 First Payment”. If any of the conditions precedent for SSA of Phase 2 is not fulfilled, the Phase 2 First Payment shall be refunded by MPL to MPI.

            (iii) Balance of Purchase Price of 20% of the shares of Phase 1 (“the Phase 1 Second Payment”) shall be paid by MPI to MPL at a closing time to be agreed between the Parties, upon fulfillment of all conditions precedent stipulated in the CSSA; and

            (iv) Balance of Purchase Price of Phase 2 (“the Phase 2 Second Payment”) shall be paid by MPI to MPL at a closing time to be agreed between the Parties, upon fulfillment of all the conditions precedent stipulated in the SSA.
        4.2 Exclusivity

            An exclusivity period of sixty (60) days from the date of the MOU, unless further extended by the Parties, will be granted to MPI to facilitate MPI to complete their legal, accounting and tax due diligence in relation to this transaction at MPI’s own cost and expense.
        4.3 Termination

            In the event that MPL and/or MPI are not able to execute the Formal Documents within the sixty (60) days from the date of the MOU or MPI notifies MPL that it does not wish to pursue this investment opportunity, the collaboration sought by the MOU shall automatically terminate unless extended in writing pursuant to mutual agreement of the Parties hereto.
    5. INTERESTS OF MAJOR SHAREHOLDERS AND DIRECTORS
        None of the Directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the MOU and the Proposed Disposal.


    6. STATEMENT BY THE DIRECTORS
        The Directors of MIG, having taken into consideration all aspects of the MOU, are of the opinion that the MOU is in the best interest of the Company.


    A further announcement on the Proposed Disposal will be made upon execution of the Formal Documents or upon occurrence of any material event.



    This announcement dated 15 January 2013.


    MUIIND - Changes in Sub. S-hldr's Int. (29B) - Noble Faith Foundation, Inc

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameMALAYAN UNITED INDUSTRIES BERHAD  
    Stock Name MUIIND  
    Date Announced15 Jan 2013  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoMU-130115-F7838

    Particulars of substantial Securities Holder

    NameNoble Faith Foundation, Inc
    AddressEast Asia Chambers, P.O. Box 901, Road Town, Tortola, British Virgin Islands
    NRIC/Passport No/Company No.399914
    Nationality/Country of incorporationBritish Virgin Islands
    Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
    Name & address of registered holderNoble Faith Foundation, Inc

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Others08/01/2013
    88,284,900
     

    Description of other type of transactionMaturity Conversion of Class A1, A2 and A3 Irredeemable Convertible Unsecured Loan Stocks of Malayan United Industries Berhad into ordinary shares
    Circumstances by reason of which change has occurredMaturity Conversion of Class A1, A2 and A3 Irredeemable Convertible Unsecured Loan Stocks of Malayan United Industries Berhad into ordinary shares
    Nature of interestDirect interest
    Direct (units) 
    Direct (%) 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Total no of securities after change382,516,500
    Date of notice15/01/2013


    TM - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameTELEKOM MALAYSIA BERHAD  
    Stock Name TM  
    Date Announced15 Jan 2013  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoTM-130115-CF5E7

    Particulars of substantial Securities Holder

    NameAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
    AddressTingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala
    Lumpur
    NRIC/Passport No/Company No.766894-T
    Nationality/Country of incorporationMalaysia
    Descriptions (Class & nominal value)Ordinary Share of RM0.70 each
    Name & address of registered holderAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera,
    Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala
    Lumpur

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired09/01/2013
    1,075,000
     

    Circumstances by reason of which change has occurredAcquisition of 1,075,000 shares by AmanahRaya Trustees Berhad.
    Nature of interestDirect
    Direct (units)388,422,100 
    Direct (%)10.86 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Total no of securities after change388,422,100
    Date of notice09/01/2013

    Remarks :
    The notice was received by Telekom Malaysia Berhad on 15 January 2013.


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