February 22, 2013

Company announcements: EVERGRN, SWKPLNT, SEALINK, SKPETRO, APB, LITRAK, CCK, PERMAJU, PIE

EVERGRN - 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 NameEVERGREEN FIBREBOARD BERHAD  
Stock Name EVERGRN  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130222-39626

Particulars of substantial Securities Holder

NameLEMBAGA TABUNG HAJI
Address201, Jalan Tun Razak
Peti surat 11025
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.25 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)
Acquired19/02/2013
155,600
0.600 
Acquired20/02/2013
76,500
0.600 

Circumstances by reason of which change has occurredPURCHASE OF 232,100 SHARES (REPRESENTING 0.045) IN THE OPEN MARKET
Nature of interestDIRECT INTEREST
Direct (units)37,637,300 
Direct (%)7.337 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change37,637,300
Date of notice21/02/2013


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 Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSP-130222-43991

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)
Acquired20/02/2013
27,000
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)27,000 
Direct (%)0.01 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change18,477,100
Date of notice22/02/2013


SEALINK - OTHERS PROPOSED INVESTMENT IN NEW SUBSIDIARY

Announcement Type: General Announcement
Company NameSEALINK INTERNATIONAL BERHAD  
Stock Name SEALINK  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoCS-130222-55359

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED INVESTMENT IN NEW SUBSIDIARY

INTRODUCTION

The Board of Directors of Sealink International Berhad (Company No. 800981-X) ("SEALINK" or "the Company") is pleased to announce that on the 22nd February 2013, Sea Legend Shipping Sdn Bhd (Company No.703278-W) (“Sea Legend”), a wholly owned subsidiary of SEALINK, has entered into a shareholders’ agreement to purchase 50% equity interest in Mitra Angkasa Sdn Bhd (Company No. 974404-T) (“Mitra Angkasa”) (“Proposed Investment”).

DETAILS OF THE PROPOSED INVESTMENT

Mitra Angkasa is a limited company incorporated in Malaysia on 09 January 2012 and the authorized share capital and issued and paid up share capital of Mitra Angkasa is RM100,000. Mitra Angkasa had been awarded a long term contract for the charter of an offshore support vessel for the period from 01 September 2012 to 24 October 2014, with options for renewal for another three years. The total contract value for the charter contract (excluding options for renewal) are approximately RM11 million.

The current shareholder of Mitra Angkasa is Malaysian Engineering and Oilfield Services Sdn Bhd (Company No. 476682-A (“MEOS”).

Mitra Angkasa has also entered into a contract to purchase an offshore supply vessel from SEALINK for a sum of RM15,800,000. This vessel will be used to replace the vessel currently chartered from SEALINK for the contract.

Upon satisfactory completion of the due diligence, Sea Legend shall purchase 50,000 ordinary shares representing 50% equity interest in Mitra Angkasa Sdn Bhd (“Mitra Angkasa”) for a total cash consideration of RM50,000 (“Proposed Initial Investment”).

In addition to the Proposed Initial Investment, Sea Legend and MEOS shall subscribe for 450,001 and 449,999 ordinary shares of RM1 each at par, for a cash consideration of RM450,001 and RM449,999 respectively in Mitra Angkasa. Sea Legend and MEOS are also required to subscribe up to Three Million Five Hundred Thousand (RM3,500,000) redeemable preference shares at par, at an interest rate of 9.1% per annum in Mitra Angkasa in proportion to their respective shareholdings.

RATIONALE FOR THE PROPOSED INVESTMENT

Mitra Angkasa was incorporated to undertake the provision of providing services to the oil and gas industry. The Proposed Investment provides an opportunity for SEALINK to immediately expand its chartering and shipbuilding business.

CONDITIONS FOR THE PROPOSED INVESTMENT

The Proposed Investment is subject to the SEALINK’s satisfactory due diligence review of Mitra Angkasa and the long term contracts secured by Mitra Angkasa.

Upon satisfactory completion of the due diligence, Sea Legend shall purchase and subscribe for the ordinary shares and preference shares respectively in Mitra Angkasa.

EXPECTED TIMEFRAME FOR COMPLETION

Barring unforeseen circumstances, the Proposed Investment shall be completed before the second quarter of 2013.

SOURCE OF FUNDS

SEALINK’s total expected cost of investment of RM2,250,000 shall be funded by internally generated funds.

FINANCIAL EFFECTS

The Proposed Investment secured are expected to contribute positively to the earnings and net assets of SEALINK for the financial year ending 31 December 2013 and beyond. Notwithstanding this, the above are not expected to have any material effects on the share capital and shareholding structure of the Company.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the Proposed Investment.

DIRECTORS' STATEMENT

The Board of Directors of SEALINK, having considered all factors is of the opinion that the Proposed Investment are in the best interest of the Company.



This announcement is dated
22nd February 2013

ABOUT THE COMPANY

SEALINK is an Integrated Service Provider which builds, owns and operates a diverse fleet of offshore marine support vessels, serving mainly the global offshore oil and gas exploration and production industry. Being one of the largest tug and barge operators in Malaysia for the oil and gas industry, it is now strengthening its position to be the major provider for offshore marine support vessels for other niche areas in the industry.

It has a young fleet of offshore marine support vessels predominantly focused on and used in the offshore oil & gas industry. With its diverse fleet of 40 vessels, it can cater to a wide base of reputable clients in the various segments of the industry.

Presently, SEALINK owns two shipyards located in Miri, Sarawak. The two shipyards have the capacity to construct up to 17 vessels a year.



SKPETRO - 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 NameSAPURAKENCANA PETROLEUM BERHAD  
Stock Name SKPETRO  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130222-E6030

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn. Bhd.
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur
Employees Provident Fund Board
Employees Provident Fund Board (AMUNDI)
Employees Provident Fund Board (AM INV)
Employees Provident Fund Board (MAYBAN)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/02/2013
113,300
 
Disposed19/02/2013
2,000,000
 
Disposed19/02/2013
700,000
 
Disposed19/02/2013
150,000
 

Circumstances by reason of which change has occurredAcquired and Disposed
Nature of interestDirect
Direct (units)582,898,351 
Direct (%)11.65 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change582,898,351
Date of notice20/02/2013

Remarks :
The Form 29B dated 20 February 2013 was received on 22 February 2013.


APB - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameAPB RESOURCES BERHAD  
Stock Name APB  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoAR-130222-59888

Financial Year End30/09/2013
Quarter1
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
35,895
56,650
35,895
56,650
2Profit/(loss) before tax
1,219
1,897
1,219
1,897
3Profit/(loss) for the period
883
1,396
883
1,396
4Profit/(loss) attributable to ordinary equity holders of the parent
883
1,396
883
1,396
5Basic earnings/(loss) per share (Subunit)
0.80
1.26
0.80
1.26
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


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 ($$)
1.5600
1.5300
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


LITRAK - 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 NameLINGKARAN TRANS KOTA HOLDINGS BERHAD  
Stock Name LITRAK  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoLT-130222-B3071

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 RM0.20 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)
Disposed19/02/2013
106,000
 

Circumstances by reason of which change has occurredDisposal of shares in the open market.
Nature of interestBeneficial.
Direct (units)31,733,700 
Direct (%)6.22 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change31,733,700
Date of notice20/02/2013

Remarks :
Received notice of change on 22/2/13.


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 Announced22 Feb 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130222-19921

Date of buy back22/02/2013
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)145,000
Minimum price paid for each share purchased ($$)0.910
Maximum price paid for each share purchased ($$)0.930
Total consideration paid ($$)133,873.84
Number of shares purchased retained in treasury (units)145,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)2,368,237
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 (%)1.5


PERMAJU - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NamePERMAJU INDUSTRIES BERHAD  
Stock Name PERMAJU  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoCP-130216-40994

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

PIB DEC 2012.xls
107 KB

PIB DEC 2012.doc
276 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
47,957
62,982
204,839
190,494
2Profit/(loss) before tax
-6,179
-4,725
-10,479
-9,776
3Profit/(loss) for the period
-6,179
-4,663
-10,483
-9,721
4Profit/(loss) attributable to ordinary equity holders of the parent
-6,073
-4,585
-10,115
-9,516
5Basic earnings/(loss) per share (Subunit)
-3.24
-2.43
-5.40
-5.04
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


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 ($$)
0.8300
0.8900
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


PIE - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameP.I.E. INDUSTRIAL BERHAD  
Stock Name PIE  
Date Announced22 Feb 2013  
CategoryChange in Audit Committee
Reference NoCA-130222-A380F

Date of change22/02/2013
NameAhmad Murad Bin Abdul Aziz
Age54
NationalityMalaysian
Type of changeResignation
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiaries1 Ordinary Share of RM1.00 
Composition of Audit Committee (Name and Directorate of members after change)Loo Hooi Beng (Independent Non-Executive Director) - Chairman
Ahmad Murad Bin Abdul Aziz (Chairman/Senior Independent Non-Executive)- Member
Khoo Lay Tatt (Independent Non-Executive Director)-Member


PIE - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameP.I.E. INDUSTRIAL BERHAD  
Stock Name PIE  
Date Announced22 Feb 2013  
CategoryChange in Audit Committee
Reference NoCA-130222-55881

Date of change22/02/2013
NameLoo Hooi Beng
Age47
NationalityMalaysian
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsMr. Loo obtained the Bachelor Degree of Accounting from Universiti Kebangsaan Malaysia in 1992, Master Degree of Science (Management) from Universiti Utara Malaysia in 1998 and Master Degree of Advanced Business Practice from University of South Australia in 2011. 
Working experience and occupation After his graduation in 1992, Mr. Loo began his career in an audit firm until year 1995 and later attached to several companies from 1996 to 2008. From November 2008 to July 2010, he joined Thong Guan Industries Berhad, a company listed on the Main Market of the Bursa Securities, as a Senior Group Finance Manager. He is currently a Country Financial Controller of a company based in India.

He is a Chartered Accountant of Malaysian Institute of Accountants, Associate Member of Malaysian Institute of Taxation, Certified Member of Financial Planning Association of Malaysia and Certified Practising Accountant of CPA Australia. 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiaries15,000 Ordinary Shares of RM1.00 
Composition of Audit Committee (Name and Directorate of members after change)Loo Hooi Beng (Independent Non-Executive Director) - Chairman
Ahmad Murad Bin Abdul Aziz (Chairman/Senior Independent Non-Executive)- Member
Khoo Lay Tatt (Independent Non-Executive Director)-Member


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