February 13, 2013

Company announcements: MAHSING, KKB, WCT

MAHSING - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced13 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMS-130213-C54FA

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan) ["KWAP"]
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang, 55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed05/02/2013
500,000
 

Circumstances by reason of which change has occurredDisposal of shares by KWAP
Nature of interestDirect
Direct (units)60,078,900 
Direct (%)7.15 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change60,078,900
Date of notice08/02/2013

Remarks :
Form 29B received on 13 February 2013


KKB - OTHERS Announcement on Letter of Award

Announcement Type: General Announcement
Company NameKKB ENGINEERING BERHAD  
Stock Name KKB  
Date Announced13 Feb 2013  
CategoryGeneral Announcement
Reference NoCC-130213-30ED5

TypeAnnouncement
SubjectOTHERS
DescriptionAnnouncement on Letter of Award

The Board of Directors of KKB Engineering Berhad (“KKB”) wishes to announce that KKB has on 12 February 2013 acknowledged a Letter of Award from CONSORTIUM of APEX ENERGY SDN BHD and PT REKAYASA INDUSTRI of 14th Floor, Menara Hap Seng, Jalan P. Ramlee, Kuala Lumpur, as Sub-Contractor for the Supply and Fabrication of Steel Structures Package 3 for the SAMUR Project, Sabah. The total contract sum is worth Ringgit Malaysia Thirty Two Million and Eight Hundred Thousand Only (RM32.8 Million).

The Sub-Contract is scheduled to be completed within fourteen (14) months from commencement date and subject to a Formal Contract to be entered into between both parties in due course.

To the best of our knowledge, none of the Directors and major shareholders or person connected with them has any interest, direct or indirect in the above Letter of Award. The Board of KKB, having duly considered all aspects of the above contract, is of the opinion that the above subcontract is in the best interest of KKB and its group of companies. The contract is expected to contribute positively to the earnings and net assets of KKB for the year ending 2013.

This announcement is dated 13 February 2013.



WCT - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameWCT BERHAD  
Stock Name WCT  
Date Announced13 Feb 2013  
CategoryGeneral Announcement
Reference NoMB-130213-56357

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionWCT BERHAD (“WCTB”)

I) PROPOSED SECURITIES EXCHANGE;
II) PROPOSED TRANSFER LISTING;
III) PROPOSED ESOS TERMINATION;
IV) PROPOSED WCTH ESOS; AND
V) PROPOSED WCT LAND TRANSFER.

(TO BE COLLECTIVELY REFERRED TO AS “PROPOSALS”)
We refer to the announcements made by the Joint Advisers on behalf of WCTB on 5 October 2012, 20 December 2012 and 7 January 2013 respectively in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the aforesaid announcements.
On behalf of the Board, the Joint Advisers wish to announce that Bursa Securities had, vide its letter dated 8 February 2013, resolved to approve the admission to the Official List and the listing and quotation on “Construction” sector of the Main Market of Bursa Securities of the following:

(a) The entire enlarged issued and paid-up share capital of WCTH of up to RM707,822,736 comprising of up to 1,415,645,472 WCTH Shares on the Main Market of Bursa Securities, in place of WCTB which will be delisted;

(b) Admission to the Official List of Bursa Securities for the following:

(i) up to 137,126,292 WCTH Warrants B;

(ii) up to 157,015,351 WCTH Warrants C; and

(iii) up to 164,829,282 WCTH Warrants D; and

(c) Listing of and quotation for the following:
      (i) up to 137,126,292 WCTH Shares to be issued pursuant to the exercise of the WCTH Warrants B;

      (ii) up to 157,015,351 WCTH Shares to be issued pursuant to the exercise of the WCTH Warrants C;

      (iii) up to 164,829,282 WCTH Shares to be issued pursuant to the exercise of the WCTH Warrants D

(collectively referred to as the “Warrants”)

On behalf of the Board, the Joint Advisers also wish to announce that Bursa Securities had approved the listing of such number of additional new ordinary shares of RM0.50 each, representing up to 10% of WCTH’s issued and paid-up capital (excluding treasury shares) to be issued pursuant to the exercise of ESOS Options under the Proposed WCTH ESOS subject to the following conditions:-
    (a) the Joint Advisers are required to submit a confirmation to Bursa Securities of full compliance of the ESOS, pursuant to paragraph 6.43(1) of the Main Market Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and

    (b) WCTB is required to furnish Bursa Securities on a quarterly basis a summary of the total number of ESOS shares listed as at the end of each quarter together with a detailed computation of the listing fees payable.
      This announcement is dated 13 February 2013.


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