February 22, 2013

Company announcements: PESTECH, TUNEINS, KIMHIN

PESTECH - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoCS-130222-6BE0A

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionPESTECH INTERNATIONAL BERHAD ("PESTECH" or "the Company")
- MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN VLV SOUMPHOLPHAKDY SOLE CO., LTD. ("VLV") AND PESTECH SDN. BHD. JV AND ELECTRICITE DU LAOS ("EDL")
With reference to the Company's announcements in relation to the MOU entered into between VLV and PESTECH Sdn. Bhd. JV ("VLV-PESTECH JV"), a joint venture between PESTECH Sdn. Bhd., a wholly-owned subsidiary of the Company, and VLV, and EDL to undertake the feasibility studies on the execution of 115kV transmission line project from Pakse, Lao People's Democratic Republic ("Lao PDR") to Lao-Thai border for power supply connection from the hydro power plants located in Saravanh, a Southern Province of Lao PDR to Thailand ("the Project"), the Board of Directors wishes to inform that there has been no material development since the previous announcement dated 12 November 2012.
This announcement is dated 22 February 2013.


PESTECH - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoCS-130222-6BE0B

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionPESTECH INTERNATIONAL BERHAD ("PESTECH or "Company")
- MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PESTECH AND ELECTRICAL CONSTRUCTION AND INSTALLATION, STATE ENTERPRISE, A STATE OWNED LAOS COMPANY ("ECI")
With reference to the Company's announcements in relation to the MOU entered into between the Company and ECI to explore the possibility to work together on the Electrical Power and Energy Business Area in Lao People's Democratic Republic, the Board of Directors wishes to inform that there has been no material development since the previous announcement dated 12 November 2012.
This announcement is dated 22 February 2013.


TUNEINS - OTHERS TUNE INS HOLDINGS BERHAD (“TIH” OR “COMPANY”) STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF UP TO 210,224,900 ORDINARY SHARES OF RM0.10 EACH IN TIH

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoMI-130222-63546

TypeAnnouncement
SubjectOTHERS
DescriptionTUNE INS HOLDINGS BERHAD (“TIH” OR “COMPANY”)

STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF UP TO 210,224,900 ORDINARY SHARES OF RM0.10 EACH IN TIH

We refer to the above subject matter.

In accordance with Section 9(2) of the Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, RHB Investment Bank Berhad, as the stabilising manager, has purchased the following shares in TIH:

Date of purchase : 22 February 2013

Number of shares purchased : 2,000,000 shares

Price of purchases : RM1.35

A copy of RHB Investment Bank Berhad’s letter dated 22 February 2013 relating to the above is attached herewith.

This announcement is dated 22 February 2013.



KIMHIN - OTHERS RECOMMENDATION OF FIRST AND FINAL DIVIDEND

Announcement Type: General Announcement
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoKH-130222-64708

TypeAnnouncement
SubjectOTHERS
DescriptionRECOMMENDATION OF FIRST AND FINAL DIVIDEND

The Board of Directors of Kim Hin Industry Berhad would like to announce that the Board has recommended a First and Final Dividend of 3% (tax exempt) in respect of the financial year ended 31 December 2012. The dates of the dividend entitlement and payment will be determined at a later date.



KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Huat

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-130222-25E77

Particulars of substantial Securities Holder

NameChua Seng Huat
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.610510-13-5545
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:


i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Chua Seng Huat : 1,243,225 - No change



ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iii) Kim Hin (Malaysia) Sdn Bhd : 21,990,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/02/2013
25,000
1.250 
Acquired19/02/2013
2,000
1.250 
Acquired20/02/2013
9,000
1.250 
Acquired21/02/2013
6,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)1,243,225 
Direct (%)0.89 
Indirect/deemed interest (units)84,244,325 
Indirect/deemed interest (%)60.07 
Total no of securities after change85,487,550
Date of notice22/02/2013

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Yew Lin

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-130222-25E79

Particulars of substantial Securities Holder

NameChua Yew Lin
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.630511-13-5254
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:


i) Chua Yew Lin : 332,400 - No change



ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iii) Kim Hin (Malaysia) Sdn Bhd : 21,990,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/02/2013
25,000
1.250 
Acquired19/02/2013
2,000
1.250 
Acquired20/02/2013
9,000
1.250 
Acquired21/02/2013
6,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)332,400 
Direct (%)0.24 
Indirect/deemed interest (units)84,244,325 
Indirect/deemed interest (%)60.07 
Total no of securities after change84,576,725
Date of notice22/02/2013

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Khoon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-130222-25E7A

Particulars of substantial Securities Holder

NameChua Seng Khoon
Address128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak
NRIC/Passport No/Company No.660429-13-5121
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:

i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change

ii) Kim Hin (Malaysia) Sdn Bhd : 21,990,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/02/2013
25,000
1.250 
Acquired19/02/2013
2,000
1.250 
Acquired20/02/2013
9,000
1.250 
Acquired21/02/2013
6,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)84,244,325 
Indirect/deemed interest (%)60.07 
Total no of securities after change84,244,325
Date of notice22/02/2013

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Pauline Getrude Chua Hui Lin

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-130222-25E78

Particulars of substantial Securities Holder

NamePauline Getrude Chua Hui Lin
Address1, Sin Juak Garden, Jalan Rengas, Kuching-By-Pass, 93300 Kuching, Sarawak
NRIC/Passport No/Company No.620507-13-6044
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:

i) Pauline Getrude Chua Hui Lin : 328,900 - No change


ii) Charles Pan Chyi (spouse) : 14,350 - No change [Deemed interest by virtue of Section 134(12)(c) of the Companies Act, 1965]


iii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change


iv) Kim Hin (Malaysia) Sdn Bhd : 21,990,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/02/2013
25,000
1.250 
Acquired19/02/2013
2,000
1.250 
Acquired20/02/2013
9,000
1.250 
Acquired21/02/2013
6,000
1.250 

Circumstances by reason of which change has occurredAcquisition by Kim Hin (Malaysia) Sdn Bhd
Nature of interestDirect and deemed interest
Direct (units)328,900 
Direct (%)0.24 
Indirect/deemed interest (units)84,258,675 
Indirect/deemed interest (%)60.08 
Total no of securities after change84,587,575
Date of notice22/02/2013

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Kim Hin (Malaysia) Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKH-130222-25E7B

Particulars of substantial Securities Holder

NameKim Hin (Malaysia) Sdn Bhd
Address4 1/2 Mile, Kung Phin Road, Off Penrissen Road, 93250 Kuching, Sarawak
NRIC/Passport No/Company No.90188-W
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderRegistered holders of the shares after the change are as follows:

i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change

ii) Kim Hin (Malaysia) Sdn Bhd : 21,990,300

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/02/2013
25,000
1.250 
Acquired19/02/2013
2,000
1.250 
Acquired20/02/2013
9,000
1.250 
Acquired21/02/2013
6,000
1.250 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect interest
Direct (units)84,244,325 
Direct (%)60.07 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change84,244,325
Date of notice22/02/2013

Remarks :
The calculation of the percentage of interest excludes treasury shares of 15,376,900


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

Announcement Type: Financial Results
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoKH-130222-63430

Financial Year End31/12/2012
Quarter4
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
59,425
70,735
245,805
267,409
2Profit/(loss) before tax
-194
8,120
7,521
21,035
3Profit/(loss) for the period
-1,977
3,957
2,550
13,973
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,167
3,547
1,969
12,911
5Basic earnings/(loss) per share (Subunit)
-1.54
2.54
1.41
9.30
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
5.00
5.00


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 ($$)
3.1400
3.1900
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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


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