January 30, 2013

Company announcements: YUNKONG, CCK, MAEMODE, UNIMECH, UMS, THHEAVY, HOVID, WELLCAL, PWROOT, SCGM

YUNKONG - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameYUNG KONG GALVANISING INDUSTRIES BHD  
Stock Name YUNKONG  
Date Announced30 Jan 2013  
CategoryGeneral Announcement
Reference NoMB-130130-57126

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionYUNG KONG GALVANISING INDUSTRIES BERHAD (“YKGI” OR “COMPANY”)

PROPOSED ACQUISITION BY YKGI OF THE REMAINING 45.51% EQUITY INTEREST IN STARSHINE HOLDINGS SDN BHD (“SSH”) NOT ALREADY OWNED BY YKGI, FOR A PURCHASE CONSIDERATION OF RM16,611,579 TO BE SATISFIED VIA THE ISSUANCE OF 33,223,158 NEW ORDINARY SHARES OF RM0.50 EACH IN YKGI (“YKGI SHARES” OR “SHARES”) AT AN ISSUE PRICE OF RM0.50 PER YKGI SHARE (“ISSUE PRICE”) (“PROPOSED ACQUISITION”);

PROPOSED PRIVATE PLACEMENT OF UP TO 39,106,980 NEW SHARES IN YKGI, REPRESENTING UP TO TWENTY PERCENT (20%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF YKGI (“PROPOSED PRIVATE PLACEMENT”);

PROPOSED RESTRICTED ISSUE OF 48,799,998 NEW SHARES IN YKGI TO MARUBENI-ITOCHU STEEL INC. (“PROPOSED RESTRICTED ISSUE”)

PROPOSED BONUS ISSUE OF UP TO 38,184,333 NEW SHARES IN YKGI TO THE ORDINARY SHAREHOLDERS OF YKGI AND UP TO 2,286,957 NEW SHARES IN YKGI TO THE REDEEMABLE CONVERTIBLE PREFERENCE SHARES (“RCPS”) HOLDER OF YKGI (“BONUS SHARE(S)”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE OF SHARES”); AND

PROPOSED BONUS ISSUE OF UP TO 114,553,000 NEW WARRANTS IN YKGI (“WARRANT(S)”) TO THE ORDINARY SHAREHOLDERS OF YKGI AND UP TO 6,860,873 NEW WARRANTS IN YKGI TO THE RCPS HOLDER OF YKGI ON THE BASIS OF THREE (3) FREE WARRANTS FOR EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE OF WARRANTS”)

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in our announcements dated 18 July 2012 and 20 December 2012)
We refer to the announcements made on behalf of the Board of Directors of YKGI (“Board”) dated 18 July 2012, 12 September 2012, 3 October 2012, 20 December 2012, 9 January 2013 and 18 January 2013.

On behalf of the Board, AmInvestment Bank Berhad wishes to announce that Bank Negara Malaysia had, vide its letter dated 29 January 2013 (which was received on 30 January 2013), approved the issuance of Warrants to non-resident shareholders and non-resident RCPS holder of the Company.

This announcement is dated 30 January 2013.


CCK - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameCCK CONSOLIDATED HOLDINGS BERHAD  
Stock Name CCK  
Date Announced30 Jan 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130130-64847

Date of buy back30/01/2013
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)55,900
Minimum price paid for each share purchased ($$)0.930
Maximum price paid for each share purchased ($$)0.940
Total consideration paid ($$)52,728.66
Number of shares purchased retained in treasury (units)55,900
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)1,449,037
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.92


MAEMODE - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMALAYSIAN AE MODELS HOLDINGS BERHAD  
Stock Name MAEMODE  
Date Announced30 Jan 2013  
CategoryChange in Boardroom
Reference NoCC-130125-53950

Date of change25/01/2013
NameMr Lim Kee Yin
Age63
NationalityMalaysian
Type of changeRedesignation
Previous PositionChief Operating Officer
New PositionNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsA fellow member of the Association of Chartered Certified Accountants and the Malaysian Institute of Accountants.  
Working experience and occupation He started his career in the auditing line with Smalley & Co. in 1977 and Turquand Youngs & Co. in 1978 to 1979. From 1979 to 1981, he was the Accounting Manager of Universal Cable (M) Berhad. He was attached to Johore Tenggara Oil Palm Berhad as Senior General Manager in the Finance Division from 1981 to 1999. 
Directorship of public companies (if any)No 
Family relationship with any director and/or major shareholder of the listed issuerHe is the brother of Datuk Dr Lim Kee Sinn, the director and substantial shareholder of Malaysian AE Models Holdings Berhad 
Any conflict of interests that he/she has with the listed issuerNo 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect Interest - 256,000 (0.24%)
Indirect Interest - 237,500 (0.22%) 


UNIMECH - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameUNIMECH GROUP BERHAD  
Stock Name UNIMECH  
Date Announced30 Jan 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoUG-130130-63024

Date of buy back30/01/2013
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)35,000
Minimum price paid for each share purchased ($$)1.150
Maximum price paid for each share purchased ($$)1.160
Total consideration paid ($$)40,751.87
Number of shares purchased retained in treasury (units)35,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)12,457,566
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.029

Remarks :
The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty.


UMS - Annual Audited Accounts - 30 September 2012

Announcement Type: PDF Submission
Company NameUMS HOLDINGS BERHAD  
Stock Name UMS  
Date Announced30 Jan 2013  
CategoryPDF Submission
Reference NoCM-130130-44744

SubjectAnnual Audited Accounts - 30 September 2012


THHEAVY - OTHERS Proposed Issuance of non-rated Sukuk by THHE Fabricators Sdn Bhd (“TFSB”), a wholly-owned subsidiary of TH Heavy Engineering Berhad (“THHE”) based on the Islamic Principles of Murabahah (“Sukuk Murabahah”) pursuant to a Sukuk Murabahah Programme of up to RM70.0 million in nominal value (“Sukuk Murabahah Programme”)

Announcement Type: General Announcement
Company NameTH HEAVY ENGINEERING BERHAD  
Stock Name THHEAVY  
Date Announced30 Jan 2013  
CategoryGeneral Announcement
Reference NoCS-130130-6B079

TypeAnnouncement
SubjectOTHERS
DescriptionProposed Issuance of non-rated Sukuk by THHE Fabricators Sdn Bhd (“TFSB”), a wholly-owned subsidiary of TH Heavy Engineering Berhad (“THHE”) based on the Islamic Principles of Murabahah (“Sukuk Murabahah”) pursuant to a Sukuk Murabahah Programme of up to RM70.0 million in nominal value (“Sukuk Murabahah Programme”)
The Board of Directors of THHE is pleased to announce that TFSB, a wholly-owned subsidiary of THHE, proposes to establish the Sukuk Murabahah Programme. TFSB has mandated MIDF Amanah Investment Bank Berhad (“MIDF Investment”) to act as the principal adviser and lead arranger for the said Sukuk Murabahah Programme.
We are pleased to inform that the Securities Commission Malaysia (“SC”) has authorised the proposed Sukuk Murabahah Programme vide its letter dated 25 January 2013, which was received on 29 January 2013. This authorisation is subject to compliance with the standard approval conditions and continuing obligations as stipulated in the Islamic Securities Guidelines, and any other condition imposed in any other letter issued in connection with the Sukuk Murabahah Programme.

The tenure of the Sukuk Murabahah Programme shall be up to six (6) years from the date of the first issuance of the Sukuk Murabahah which first issuance shall be made within one (1) year from the date of authorisation of the Sukuk Murabahah Programme by the SC. The Sukuk Murabahah is unrated, non-transferrable and non-tradable.

The profit rate will be determined prior to each issuance of the Sukuk Murabahah.

The proceeds from the issuance of the Sukuk Murabahah under the Sukuk Murabahah Programme will be utilised by TFSB to finance the improvement / upgrading works on Pulau Indah Integrated Fabrication Yard, to refinance wholly TFSB’s existing bridging loan facility of RM20.0 million with MIDF Investment, for working capital requirement of TFSB and also the incidental expenses in relation to the Sukuk Murabahah Programme.

This announcement is dated 30 January 2013.


HOVID - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameHOVID BERHAD  
Stock Name HOVID  
Date Announced30 Jan 2013  
CategoryGeneral Meetings
Reference NoCL-130130-50736

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionThe Board of Directors of Hovid Berhad (“Hovid” or the “Company”) wishes to announce that the Extraordinary General Meeting (“EGM”) of Hovid will be held at Gopeng Hall, Level 3, Kinta Riverfront Hotel & Suites, Jalan Lim Bo Seng, 30000 Ipoh, Perak Darul Ridzuan on Monday, 18 February 2013 at 10.45 a.m. or immediately following the conclusion or adjournment (as the case may be) of another EGM of the Company which has been scheduled to be held at the same venue and on the same day at 10.30 a.m., or at any adjournment thereof, whichever the later. The EGM is for the purpose of considering and if thought fit, passing the resolutions as set out in the Notice of EGM to give effect to the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.

Please refer to the Notice of EGM as attached for further information.

This announcement is dated 30 January 2013.
Date of Meeting18/02/2013
Time10:45 AM
VenueGopeng Hall, Level 3
Kinta Riverfront Hotel & Suites
Jalan Lim Bo Seng
30000 Ipoh
Perak Darul Ridzuan
Date of General Meeting Record of Depositors08/02/2013

Attachments

Hovid EGM Ad.pdf
54 KB



WELLCAL - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameWELLCALL HOLDINGS BERHAD  
Stock Name WELLCAL  
Date Announced30 Jan 2013  
CategoryGeneral Meetings
Reference NoC&-130123-56552

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionThe Board of Directors of WELLCALL HOLDINGS BERHAD ("WELLCALL") wishes to inform that the Seventh Annual General Meeting ("AGM") will be held at Langkawi Room, Bukit Jalil Golf & Country Resort, Jalan Jalil Perkasa 3, Bukit Jalil, 57000 Kuala Lumpur on Thursday, 28 February 2013 at 10.30 am.
Date of Meeting28/02/2013
Time10:30 AM
VenueLangkawi Room
Bukit Jalil Golf & Country Resort,
Jalan Jalil Perkasa 3,
Bukit Jalil,
57000 Kuala Lumpur
Date of General Meeting Record of Depositors22/02/2013


PWROOT - Quarterly rpt on consolidated results for the financial period ended 30/11/2012

Announcement Type: Financial Results
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced30 Jan 2013  
CategoryFinancial Results
Reference NoC&-130130-38632

Financial Year End28/02/2013
Quarter3
Quarterly report for the financial period ended30/11/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/11/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/11/2012
30/11/2011
30/11/2012
30/11/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
70,089
55,582
203,430
158,427
2Profit/(loss) before tax
12,551
6,047
31,354
14,383
3Profit/(loss) for the period
8,542
4,613
25,927
11,721
4Profit/(loss) attributable to ordinary equity holders of the parent
8,493
4,613
25,403
11,721
5Basic earnings/(loss) per share (Subunit)
2.80
1.50
8.50
3.90
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
3.00
2.00


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 ($$)
0.6800
0.6200
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


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

Announcement Type: General Announcement
Company NameSCGM BHD  
Stock Name SCGM  
Date Announced30 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130130-55846

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionRecurrent Related Party Transactions ("RRPT") of a Revenue or Trading Nature

Please refer to the attachment for details of announcement on the RRPT of SCGM Bhd.

This announcement is dated 30 January 2013.



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