February 5, 2013

Company announcements: AEONCR, HARTA, KENANGA, PUNCAK, PETONE, TGUAN, PATIMAS, PERDANA, KBB, FITTERS

AEONCR - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced5 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130205-12E4A

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc. ("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace, Aberdeen,
AB10 1YG, Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed31/01/2013
62,920
 

Circumstances by reason of which change has occurredSale by Aberdeen
Nature of interestDeemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)8,255,561 
Indirect/deemed interest (%)5.733 
Total no of securities after change8,255,561
Date of notice05/02/2013

Remarks :
MUFG is deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen.


HARTA - Second interim dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameHARTALEGA HOLDINGS BERHAD  
Stock Name HARTA  
Date Announced5 Feb 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoC&-121106-B0D93

EX-date25/02/2013
Entitlement date27/02/2013
Entitlement time04:00:00 PM
Entitlement subjectSecond interim dividend
Entitlement descriptionSecond interim dividend of 3.5 sen per share single tier for the financial year ending 31 March 2013
Period of interest payment to
Financial Year End31/03/2013
Share transfer book & register of members will be 27/02/2013 to 27/02/2013 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House,Block D13, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan.
Tel: 03-78418000
Fax: 03-78418151, 03-78418152
Payment date 21/03/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers27/02/2013 
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 indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.035


KENANGA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameK & N KENANGA HOLDINGS BERHAD  
Stock Name KENANGA  
Date Announced5 Feb 2013  
CategoryGeneral Announcement
Reference NoK&-130205-61846

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionK & N Kenanga Holdings Berhad ("Kenanga")
Litigation of Dato’ Liew Yuen Keong vs. K & N Kenanga Berhad (now known as Kenanga Investment Bank Berhad) & Anor
Kuala Lumpur High Court Suit No: D5-22-2268-2008

1. Introduction

Kenanga wishes to announce the status of the litigation between Dato’ Liew Yuen Keong and Kenanga’s wholly owned subsidiary company, Kenanga Investment Bank Berhad (“KIBB” or “Bank”).

2. Parties

Dato' Liew Yuen Keong, is the Plaintiff. The 1st Defendant is KIBB and the 2nd Defendant is Fasrul Hisham Bin Mohamad. KIBB had initiated third party proceedings against Fasrul Hisham Bin Mohamad and Rohaida Binti Abu Bakar (“the Third Parties”).

3. Background

The Plaintiff alleged that representations were made to the Plaintiff by the 2nd Defendant (who at the material time was a Dealer’s Representative of KIBB) that KIBB was the placement agent for five Initial Public Offering (“IPO”) exercises of various companies. The Plaintiff claimed that he had handed over bank drafts to the 2nd Defendant to pay to KIBB to subscribe for shares in the five IPOs through KIBB when in fact KIBB was never the placement agent for those IPOs. The Plaintiff claimed for the refund of a total sum of RM3,555,000 he claimed to have paid to KIBB and to MIH Share Issue Account and for alleged loss of profits. The Plaintiff commenced action against KIBB and the 2nd Defendant through a Writ of Summons and Statement of Claim on 12 December 2008.

KIBB had also brought third party proceedings against the Third Parties for a full indemnity and/or contribution against the Plaintiff’s claim and costs in the action and damages.

4. Current Status

On February 2013, the High Court Judge granted Judgment in favour of the Plaintiff for the following:-

(i)  the principal sum of RM3,555,000;

(ii) purported loss of profits of RM665,000;

(iii) interest on judgment sum 8% from filing of writ from 12 December 2008 to amendment 4%, then 5% to full satisfaction; and

(iv) costs of RM60,000.

KIBB has been advised that it has a good chance of succeeding in the Appeal to the Court of Appeal and has instructed its solicitors to file an Appeal to the Court of Appeal against the decision of the High Court.

This announcement is dated 5 February 2013.



PUNCAK - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced5 Feb 2013  
CategoryGeneral Announcement
Reference NoPN-130204-39ABE

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")
KUALA LUMPUR HIGH COURT SUIT NO: 22NCC-1478-09/2011 SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") VS KERAJAAN NEGERI SELANGOR ("STATE GOVERNMENT") (THE "SUIT")

Reference is made to the Company's earlier announcements dated 8 September 2011, 9 September 2011, 22 September 2011, 10 October 2011,14 October 2011, 4 November 2011, 21 November 2011, 29 November 2011, 14 December 2011, 23 December 2011, 26 January 2012, 16 February 2012, 5 March 2012, 28 March 2012, 17 April 2012, 27 April 2012, 30 April 2012, 8 May 2012, 15 May 2012, 23 May 2012, 25 May 2012, 29 May 2012, 14 June 2012, 22 June 2012, 28 June 2012, 12 July 2012, 14 August 2012, 17 August 2012, 7 September 2012, 30 October 2012 and 17 December 2012 in relation to the Suit.

The Company would like to update the Exchange that at the case management held on 4 February 2013, the Kuala Lumpur High Court (“KLHC”) had vacated the Trial dates fixed on 13 February 2013, 14 February 2013 and 15 February 2013, as announced previously, on the request made by the Defendant’s Solicitors.

KLHC had fixed the new Trial dates on 1 July 2013, 2 July 2013, 3 July 2013, 4 July 2013, 8 July 2013, 9 July 2013 and 10 July 2013.

KLHC had also fixed the case management on 15 February 2013 for the parties to inform KLHC on the outcome of SYABAS' appeal to the Federal Court which has been fixed for hearing on 6 February 2013.

This announcement is dated 5 February 2013.



PETONE - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced5 Feb 2013  
CategoryGeneral Announcement
Reference NoCS-130205-93D56

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”)
- WRIT OF SUMMONS (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM (“CLAIM”) FILED BY RHB INVESTMENT BANK BERHAD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“ADSB” OR “1ST DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETONE, AHMAD AKMAL BIN HAMZAH (“2ND DEFENDANT”), LIM KIAN BOON (“3RD DEFENDANT”) AND PETONE (“4TH DEFENDANT”) (1ST DEFENDANT, 2ND DEFENDANT, 3RD DEFENDANT AND 4TH DEFENDANT SHALL HEREINAFTER COLLECTIVELY REFERRED TO AS “THE DEFENDANTS”) – KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-1577-10/2012 (“HIGH COURT”)
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 31 October 2012 in relation to the Writ of Summons and Claim.
Further to the announcements made on 31 October 2012, 8 November 2012, 7 December 2012, 20 December 2012 and 14 January 2013, the Board of Directors of PETONE wishes to announce that the High Court, had on 5 February 2013, informed that the Defendants have up to 1 March 2013 to file and serve their defence (“Defence”) and the Plaintiff has up to 22 March 2013 to file their reply to Defence, respectively. Further thereto, the High Court has fixed the next case management on 22 March 2013.

Further developments of the above matter will be announced on Bursa Malaysia Securities Berhad as and when necessary.

This announcement is dated 5 February 2013.


TGUAN - Changes in Director's Interest (S135) - Dato' Ang Poon Chuan

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTHONG GUAN INDUSTRIES BERHAD  
Stock Name TGUAN  
Date Announced5 Feb 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130205-493CB

Information Compiled By KLSE

Particulars of Director

NameDato' Ang Poon Chuan
Address57, Pekan Lama
Sungai Lalang
08100 Bedong, Kedah
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)
Others
28/11/2012
10,000
1.280 

Description of other type of transactionAcquisition of shares via spouse
Circumstances by reason of which change has occurredAcquisition of shares via spouse
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)928,500 
Direct (%)0.88 
Indirect/deemed interest (units)44,428,002 
Indirect/deemed interest (%)42.23 
Date of notice05/02/2013

Remarks :
1. This announcement serves as an announcement pursuant to Paragraph 14.08(a) of the Main Market Listing Requirements for dealing during closed period.
2. The above acquisition represents 0.01% of the issued ordinary shares.
3. This notice was received on 5 February 2013.


PATIMAS - OTHERS PATIMAS COMPUTERS BERHAD (“Patimas” or “the Company”) - Article Entitled: “Patimas tumbles as profit-takers wipe out early gains”

Announcement Type: General Announcement
Company NamePATIMAS COMPUTERS BERHAD  
Stock Name PATIMAS  
Date Announced5 Feb 2013  
CategoryGeneral Announcement
Reference NoCC-130205-58008

TypeAnnouncement
SubjectOTHERS
DescriptionPATIMAS COMPUTERS BERHAD (“Patimas” or “the Company”)
- Article Entitled: “Patimas tumbles as profit-takers wipe out early gains”

Reference is made to the article entitled “Patimas tumbles as profit-takers wipe out early gains” appearing in the Business Times inserts of the New Straits Times on 5 February 2013.

Patimas Computers Berhad (“Patimas” or “the Company”) wishes to inform that the Company has not received any takeover notice from Hong Kong’s Tencent Holdings Ltd and the Company is not aware of any potential takeover offer from Hong Kong’s Tencent Holdings Ltd as reported in the Business Times inserts of the New Straits Times on 5 February 2013.

This announcement is dated 5 February 2013.



PERDANA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced5 Feb 2013  
CategoryGeneral Announcement
Reference NoCA-130205-60605

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionFurther to the announcement made on 25 January 2013, a notification has been received today from Dato' Kho Poh Eng of his dealing in the shares of the Company ("PPB Shares") during the closed period pursuant to paragraph 14.08 of the Main Market Listing Requirements.

Date of purchase : 5 February 2013
No. of PPB Shares purchased : 50,000
Purchase price :RM1.10 each
% of issued capital : 0.01%

His holding of securities as at 5 February 2013 are as follows:

Direct Interest
Ordinary Shares - 24,331,578 (4.91%)
Warrants 2010/2015 - 2,844,724 (4.63%)

Indirect Interest
Ordinary Shares - 100,000 (0.02%)
Warrants 2010/2015 - 14,466 (0.02%)



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

Announcement Type: General Announcement
Company NameKBB RESOURCES BERHAD  
Stock Name KBB  
Date Announced5 Feb 2013  
CategoryGeneral Announcement
Reference NoCC-130205-04A5B

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionKBB RESOURCES BERHAD (“KBB” OR “THE COMPANY”)
- PROPOSED ACQUISITION OF 10% EQUITY INTEREST IN WORLD GRANARY HOLDING LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF RM21,000,000 (“PROPOSED ACQUISITION”)

Reference is made to the Company’s announcement dated 4 February 2013.

The Board of Directors of KBB Resources Berhad (“KBB” or “the Company”) wishes to further announce that :-

1. Basis in arriving at the purchase consideration other than on a willing-buyer willing-seller basis.

The other basis in arriving at the purchase consideration is based on price-earnings method (“PE”). The total market valuation of Tianxia Group is as follows: -

RM’000

Forecasted Profit after Tax

:

35,000

PE multiple (time)

:

6

Total market value

:

210,000

10% equity interest (purchase consideration)

:

21,000

The above forecasted profit after tax is based on the forecasted results of Tianxia Group for financial year ending 31 December 2013. The forecasted PAT of RM35 million represent an increase of approximately RM6.88 million or 24.4% as compare to the actual PAT of Tianxia Group for financial year ended 31 December 2012 which subject to review by an independent auditor.

2. To clarify further why the NA of Tianxia as disclosed in Section 2.2 differ from the number presented under the proforma consolidated results of Tianxia group for FYE 31 December 2011 and FYE 31 December 2012.

The NA value for FYE 31 December 2012 stated in Section 2.2 has been wrongly included as premium between total valuation of Tianxia and NA of Tianxia for FYE 31 December 2012, of which derived as follows: -

RM’000

Valuation of Tianxia

210,000

NA of Tianxia

(123,354)

Differences

86,646

While the NA value for FYE 31 December 2011 stated in Section 2.2 has been wrongly included as premium between total valuation of Tianxia and NA of Tianxia for FYE 31 December 2010, of which derived as follows: -

RM’000

Valuation of Tianxia

210,000

NA of Tianxia

(67,095)

Differences

142,905

The premium between total valuation of Tianxia and NA of Tianxia for FYE 31 December 2011 supposed to be derived as follows: -

RM’000

Valuation of Tianxia

210,000

NA of Tianxia

(97,724)

Differences

112,276

The NA of Tianxia should be RM97.72 million for FYE 31 December 2011 and RM123.35 million for FYE 31 December 2012 respectively.

3. To further elaborate on how the Proposed Acquisition will represent a strategic move and enhance the strategic collaboration between KBB and Tianxia in view that the Proposed Acquisition only represent l 0% equity interest in Tianxia.

Although KBB is only acquiring a 10% equity interest in Tianxia, the Proposed Acquisition represents KBB’s commitment to the collaboration. It is KBB’s intention to foster a long term working relationship with Tianxia as well as the shareholders of Tianxia.

Upon completion of the Proposed Acquisition, KBB shall derive the following benefits:-

(i) KBB will be able to sell its products through Tianxia’s well established marketing and distribution network in China; and

(ii) Increase its products offerings in Malaysia to include Tianxia’s products, which are currently not available in Malaysia.

From the above, both KBB and Tianxia will mutually benefit from the Proposed Acquisition. In addition, KBB will then be entitled to dividends to be declared by Tianxia (if any).

This announcemnt is dated 5 February 2013.



FITTERS - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced5 Feb 2013  
CategoryGeneral Announcement
Reference NoCC-130204-A65AF

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionFITTERS DIVERSIFIED BERHAD ("FITTERS")
- NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES
Pursuant to Chapter 14 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that notification was received from Dato' Wong Swee Yee, the Managing Director of FITTERS of his dealings in the securities of FITTERS during closed period. The details of his dealings in the securities of FITTERS is set out in Table 1:-
Table 1

Date of
Dealing
Price
Per Share
(RM)
Number of Ordinary Shares of RM0.50 Each
% of Issued Share Capital
Circumstances by reason of which change has occurred
5 February 2013
0.582
1,807,700
0.63*
Acquisition of shares

*The percentage of shareholding was calculated based on total number of issued shares of 287,057,210 excluding treasury shares of 24,801,000 shares as at 5 February 2013.

This announcement is dated 5 February 2013.


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