LBS - MEMORANDUM OF UNDERSTANDING
Announcement Type: General Announcement
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | LB-130219-855E2 |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | Updates on Memorandum of Understanding |
Further to the Company’s announcement on 18 April 2012, 30 May 2012, 29 August 2012, 18 October 2012 and 29 November 2012 in relation to the Memorandum of Understanding (“MoU”) on the proposed disposal of up to 100% but not less than 60% equity interest in Dragon Hill Corporation Limited to Jiuzhou Technology Company Limited (now known as Jiuzhou Tourism Property Company Limited 九洲旅遊地産有限公司), we wish to inform that there is no major new development to the said MoU. This announcement is dated 26 February 2013.
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MSC - OTHERS REVALUATION IN COMPLIANCE WITH GROUP ACCOUNTING POLICY
Announcement Type: General Announcement
| Company Name | MALAYSIA SMELTING CORPORATION BERHAD |
| Stock Name | MSC |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | MS-130226-64801 |
| Type | Announcement |
| Subject | OTHERS |
| Description | REVALUATION IN COMPLIANCE WITH GROUP ACCOUNTING POLICY |
Details of the Revaluation in Compliance with Group Accounting Policy is set out in the attached file. This announcement is dated 26 February 2013. By order of the Board Sharifah Faridah Abdul Rasheed Company Secretary | |
MSC - Quarterly rpt on consolidated results for the financial period ended 31/12/2012
Announcement Type: Financial Results
| Company Name | MALAYSIA SMELTING CORPORATION BERHAD |
| Stock Name | MSC |
| Date Announced | 26 Feb 2013 |
| Category | Financial Results |
| Reference No | MS-130226-60166 |
| Financial Year End | 31/12/2012 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/12/2012 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2012 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 571,414 | 601,008 | 2,328,688 | 3,098,551 |
| 2 | Profit/(loss) before tax | -12,597 | -59,944 | -79,957 | 91,132 |
| 3 | Profit/(loss) for the period | -26,337 | -55,527 | -93,161 | 56,656 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -19,649 | -45,866 | -61,114 | 60,523 |
| 5 | Basic earnings/(loss) per share (Subunit) | -19.60 | -45.90 | -61.10 | 61.60 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 18.00 | 0.00 | 30.00 |
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 ($$) | 3.4400 | 4.1900 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
KONSORT - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | KONSORTIUM LOGISTIK BERHAD |
| Stock Name | KONSORT |
| Date Announced | 26 Feb 2013 |
| Category | Change in Boardroom |
| Reference No | KL-130204-60621 |
| Date of change | 26/02/2013 |
| Name | Syed Yasir Arafat bin Syed Abd Kadir |
| Age | 41 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Type of change | Resignation |
| Reason | The resignation was due to Bendahara 1 Sdn Bhd ("B1SB"), a substantial shareholder of Konsortium Logistik Berhad ("KLB") changing its nominee director to represent B1SB in the Board of KLB. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Bachelor of Arts (Hons) Degree in Accounting and Financial Management from University of Essex, United Kingdom |
| Working experience and occupation | Tuan Syed Yasir Arafat bin Syed Abd Kadir was previously the Country Manager (ING Wholesale Banking) at ING Corporate Advisory (Malaysia) Sdn Bhd, specialising in areas of mergers and acquisitions, equity and equity-linked fund raising, debt fund raising and financial advisory for some of Malaysia’s leading companies in banking, plantations, automotive, telecommunications and property. Prior to that, he was attached to United Overseas Bank (Malaysia) Berhad, Pengurusan Danaharta Nasional Berhad, Commerce International Merchant Bankers Berhad and Aseambankers Malaysia Berhad. Currently, he sits on the Board of Tanjung Offshore Berhad. He is also the Managing Partner, Investment of Ekuiti Nasional Berhad. |
| Directorship of public companies (if any) | Tanjung Offshore Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
KONSORT - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | KONSORTIUM LOGISTIK BERHAD |
| Stock Name | KONSORT |
| Date Announced | 26 Feb 2013 |
| Category | Change in Boardroom |
| Reference No | KL-130204-60025 |
| Date of change | 26/02/2013 |
| Name | Dato' Abdul Rahman bin Ahmad |
| Age | 44 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Qualifications | 1) Master of Arts in Economics from Cambridge University, United Kingdom 2) Member of the Institute of Chartered Accountants, England & Wales |
| Working experience and occupation | Dato’ Abdul Rahman began his career at Arthur Andersen, London and later served as Special Assistant to the Executive Chairman of Trenergy (M) Berhad/Turnaround Managers Inc (M) Sdn Bhd. He subsequently joined Pengurusan Danaharta Nasional Berhad, the country’s national asset management company, as Unit Head and later went to become an Executive Director of SSR Associates Sdn Bhd. Dato’ Abdul Rahman was the Group Managing Director/Chief Executive Officer of Malaysian Resources Corporation Berhad (“MRCB”) and subsequently Media Prima Berhad, a leading integrated media investment group in Malaysia. He is currently a Director and the Chief Executive Officer of Ekuiti Nasional Berhad and also sits on the Board of MRCB, Axiata Group Berhad, Felda Global Ventures Holdings Berhad and M+S Pte Ltd, a joint venture company between Khazanah Nasional Berhad and Temasek Holdings. |
| Directorship of public companies (if any) | 1) Axiata Group Berhad 2) Felda Global Ventures Holdings Berhad 3) Malaysian Resources Corporation Berhad 4) Ekuiti Nasional Berhad 5) Icon Offshore Berhad (formerly known as Kota Bayu Ekuiti Berhad) |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
KONSORT - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | KONSORTIUM LOGISTIK BERHAD |
| Stock Name | KONSORT |
| Date Announced | 26 Feb 2013 |
| Category | Change in Boardroom |
| Reference No | KL-130225-49913 |
| Date of change | 26/02/2013 |
| Name | Dato' Seri Talaat bin Husain |
| Age | 62 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Non-Executive Director |
| New Position | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Qualifications | 1) Bachelor of Social Sciences (Hons) Degree in Political Science from University of Science, Malaysia 2) Master’s Degree in Professional Studies (International Planning) from Cornell University, United States of America |
| Working experience and occupation | Dato' Seri Talaat started his civil service career in 1973 as Assistant State Secretary in Penang and since then held several key positions in the Prime Minister’s Department, Socio-Economics Research Unit, National Institute for Public Administration, National Palace and the Ministry of Education. He served as the Mayor of Ipoh, Perak from 1998 to 2002. He then served as Secretary-General of the Ministry of Youth and Sports and the Ministry of Domestic Trade and Consumer Affairs before his retirement from public service in January 2007. Thereafter, he served as the Chairman of the Companies Commission of Malaysia and as Board member of the Sepang International Circuit, Malaysian Intellectual Property Corporation and Malaysian Communication and Multimedia Corporation. Currently, he sits on the Board of Shell Refining Company (Federation of Malaya) Berhad, Silver Bird Group Berhad and Mizuho Corporate Bank (Malaysia) Berhad. He also sits on the Board/Council of the Outward Bound Trust of Malaysia. |
| Directorship of public companies (if any) | 1) Mizuho Corporate Bank (Malaysia) Berhad 2) Shell Refining Company (Federation of Malaya) Berhad 3) Silver Bird Group Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Dato' Seri Talaat bin Husain previous position was Independent Non-Executive Director and he was re-designated to Non-Independent Non-Executive Director on 26 February 2013. |
KONSORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | KONSORTIUM LOGISTIK BERHAD |
| Stock Name | KONSORT |
| Date Announced | 26 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | KL-130226-907B7 |
| Date of change | 26/02/2013 |
| Name | Syed Yasir Arafat bin Syed Abd Kadir |
| Age | 41 |
| Nationality | Malaysian |
| Type of change | Cessation of Office |
| Designation | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | Bachelor of Arts (Hons) Degree in Accounting and Financial Management from University of Essex, United Kingdom |
| Working experience and occupation | Tuan Syed Yasir Arafat bin Syed Abd Kadir was previously the Country Manager (ING Wholesale Banking) at ING Corporate Advisory (Malaysia) Sdn Bhd, specialising in areas of mergers and acquisitions, equity and equity-linked fund raising, debt fund raising and financial advisory for some of Malaysia’s leading companies in banking, plantations, automotive, telecommunications and property. Prior to that, he was attached to United Overseas Bank (Malaysia) Berhad, Pengurusan Danaharta Nasional Berhad, Commerce International Merchant Bankers Berhad and Aseambankers Malaysia Berhad. Currently, he sits on the Board of Tanjung Offshore Berhad. He is also the Managing Partner, Investment of Ekuiti Nasional Berhad. |
| Directorship of public companies (if any) | Tanjung Offshore Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Dato' Rosli bin Sharif - Chairman of Audit Committee (Independent Non-Executive Director) 2) Tuan Haji Ismett Azyze bin Hamad Abbdul Azyze - member of Audit Committee (Independent Non-Executive Director) 3) Mohd Aminudin bin Mustapha - member of Audit Committee (Independent Non-Executive Director) 4) Dato' Seri Talaat bin Husain - member of Audit Committee (Non-Independent Non-Executive Director) 5) Nik Johaan bin Nik Hashim - member of Audit Committee (Non-Independent Non-Executive Director) |
| Remarks : |
| Following Tuan Syed Yasir Arafat's resignation as a Director of the Company on 26 February 2013, he has also cease as a member of the Audit Committee. |
KONSORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | KONSORTIUM LOGISTIK BERHAD |
| Stock Name | KONSORT |
| Date Announced | 26 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | KL-130226-91CF0 |
| Date of change | 26/02/2013 |
| Name | Nik Johaaan bin Nik Hashim |
| Age | 43 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | 1) Bachelor of Arts Degree in Economics from University of Leicester, United Kingdom 2) Master’s Degree in International Banking & Financial Services from the University of Reading, United Kingdom |
| Working experience and occupation | Nik Johaan bin Nik Hashim started his career in CIMB Investment Bank Berhad and has over 18 years of experience primarily in Investment Banking where he led and managed debt capital market transactions, loan syndications, IPOs, project advisory and debt restructuring exercises. During his tenure there, he also served three years in CIMB Bank as Regional Director for consumer and business banking sales. His last position in CIMB Bank was Director and Head, Multinational Corporations and Government Relations. Currently, he is a Senior Director, Investment/Stakeholder Management of Ekuiti Nasional Berhad and represents the company on the boards of its investee companies which also include Lyndarahim Ventures Sdn Bhd and Awana Setia Sdn Bhd. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Dato' Rosli bin Sharif - Chairman of Audit Committee (Independent Non-Executive Director) 2) Tuan Haji Ismett Azyze bin Hamad Abbdul Azyze - member of Audit Committee (Independent Non-Executive Director) 3) Mohd Aminudin bin Mustapha - member of Audit Committee (Independent Non-Executive Director) 4) Dato' Seri Talaat bin Husain - member of Audit Committee (Non-Independent Non-Executive Director) 5) Nik Johaan bin Nik Hashim - member of Audit Committee (Non-Independent Non-Executive Director) |
KONSORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | KONSORTIUM LOGISTIK BERHAD |
| Stock Name | KONSORT |
| Date Announced | 26 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | KL-130225-51935 |
| Date of change | 26/02/2013 |
| Name | Dato' Seri Talaat bin Husain |
| Age | 62 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Chairman of Audit Committee |
| New Position | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | 1) Bachelor of Social Sciences (Hons) Degree in Political Science from University of Science, Malaysia 2) Master’s Degree in Professional Studies (International Planning) from Cornell University, United States of America |
| Working experience and occupation | Dato' Seri Talaat started his civil service career in 1973 as Assistant State Secretary in Penang and since then held several key positions in the Prime Minister’s Department, Socio-Economics Research Unit, National Institute for Public Administration, National Palace and the Ministry of Education. He served as the Mayor of Ipoh, Perak from 1998 to 2002. He then served as Secretary-General of the Ministry of Youth and Sports and the Ministry of Domestic Trade and Consumer Affairs before his retirement from public service in January 2007. Thereafter, he served as the Chairman of the Companies Commission of Malaysia and as Board member of the Sepang International Circuit, Malaysian Intellectual Property Corporation and Malaysian Communication and Multimedia Corporation. Currently, he sits on the Board of Shell Refining Company (Federation of Malaya) Berhad, Silver Bird Group Berhad and Mizuho Corporate Bank (Malaysia) Berhad. He also sits on the Board/Council of the Outward Bound Trust of Malaysia. |
| Directorship of public companies (if any) | 1) Mizuho Corporate Bank (Malaysia) Berhad 2) Shell Refining Company (Federation of Malaya) Berhad 3) Silver Bird Group Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Dato' Rosli bin Sharif - Chairman of Audit Committee (Independent Non-Executive Director) 2) Tuan Haji Ismett Azyze bin Hamad Abbdul Azyze - member of Audit Committee (Independent Non-Executive Director) 3) Mohd Aminudin bin Mustapha - member of Audit Committee (Independent Non-Executive Director) 4) Dato' Seri Talaat bin Husain - member of Audit Committee (Non-Independent Non-Executive Director) 5) Nik Johaan bin Nik Hashim - member of Audit Committee (Non-Independent Non-Executive Director) |
| Remarks : |
| Dato' Seri Talaat bin Husain previous position was Chairman of the Audit Committee and he was re-designated to member of the Audit Committee on 26 February 2013. |
KONSORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | KONSORTIUM LOGISTIK BERHAD |
| Stock Name | KONSORT |
| Date Announced | 26 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | KL-130226-62293 |
| Date of change | 26/02/2013 |
| Name | Dato' Rosli bin Sharif |
| Age | 59 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Member of Audit Committee |
| New Position | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | 1) Certified Public Accountant and a member of the Malaysian Institute of Accountants 2) Senior Executive Development Programme - Banff School of Advanced Management, (BSAM) Canada |
| Working experience and occupation | Dato' Rosli bin Sharif has served the Government of Malaysia in various capacities at the Treasury Department of the Accountant General’s Office, Accountant at the Department of Civil Aviation and as the State Treasurer of Negeri Sembilan from 1980 to 1982. Since then, he has served as a director in several private limited companies involved in construction and property development. He joined Cement Industries of Malaysia Berhad (“CIMA”) in 1988 as the Group Finance Manager and was subsequently promoted to General Manager, then Chief Operating Officer and Managing Director in 2002. Between 1998 to 2005, he led CIMA to grow its business and in particular involved to acquire and restructure Negeri Sembilan Cement Industries Sdn Bhd, which resulted in CIMA expanding its production capacity and market share especially in Singapore. He was the Chairman of the Cement and Concrete Association of Malaysia from 1998 to 2000. In 2006, he was appointed as the Senior Director to head International Business West Asia at UEM Group Berhad and from 2009 to 2011, he was Senior Director, Corporate Services of the UEM Group. |
| Directorship of public companies (if any) | Seloga Holdings Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Dato' Rosli bin Sharif - Chairman of Audit Committee (Independent Non-Executive Director) 2) Tuan Haji Ismett Azyze bin Hamad Abbdul Azyze - member of Audit Committee (Independent Non-Executive Director) 3) Mohd Aminudin bin Mustapha - member of Audit Committee (Independent Non-Executive Director) 4) Dato' Seri Talaat bin Husain - member of Audit Committee (Non-Independent Non-Executive Director) 5) Nik Johaan bin Nik Hashim - member of Audit Committee (Non-Independent Non-Executive Director) |
| Remarks : |
| Dato' Rosli bin Sharif previous position was member of the Audit Committee and he was re-designated to Chairman of the Audit Committee on 26 February 2013. |
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