CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE CHINA 25 |
| Stock Name | CIMBC25 |
| Date Announced | 5 Mar 2013 |
| Category | General Announcement |
| Reference No | OB-130305-68414 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 25 Date: 05-Mar-2013 IOPV per unit (RM): 0.9320 Units in circulation (units): 29,250,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 16,760.50 |
BURSA - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")
| Company Name | BURSA MALAYSIA BERHAD |
| Stock Name | BURSA |
| Date Announced | 5 Mar 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | BM-130305-548AF |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc. ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan |
| NRIC/Passport No/Company No. | Nil |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | 1. HSBC Nominees (Asing) Sdn Bhd BNP Paribas SECS SVS LUX for Aberdeen Global No. 2, Leboh Ampang 50100 Kuala Lumpur 2. HSBC Nominees (Asing) Sdn Bhd Morgan Stanley & Co. International PLC (Firm A/C) No. 2, Leboh Ampang 50100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 27/02/2013 | 60,700 |
| Remarks : |
| Based on Form 29B dated 4 March 2013 which was submitted by MUFG to Bursa Malaysia Berhad ("Bursa"), the following parties have deemed interest in 26,734,858 ordinary shares of RM0.50 each representing 5.025% shareholding in Bursa:- 1. Aberdeen Asset Management PLC and its subsidiaries - 23,734,900 Bursa shares; 2. Mitsubishi UFJ Asset Management Co. Ltd. - 2,843,700 Bursa shares; and 3. Morgan Stanley & Co. International PLC - 156,258 Bursa shares. This announcement is dated 5 March 2013. |
BURSA - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")
| Company Name | BURSA MALAYSIA BERHAD |
| Stock Name | BURSA |
| Date Announced | 5 Mar 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | BM-130228-EFCCE |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc. ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan |
| NRIC/Passport No/Company No. | Nil |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | 1. HSBC Nominees (Asing) Sdn Bhd BNP Paribas SECS SVS LUX for Aberdeen Global No. 2, Leboh Ampang 50100 Kuala Lumpur 2. HSBC Nominees (Asing) Sdn Bhd Morgan Stanley & Co. International PLC (Firm A/C) No. 2, Leboh Ampang 50100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 22/02/2013 | 33,100 |
| Remarks : |
| Based on Form 29B dated 27 February 2013 which was submitted by MUFG to Bursa Malaysia Berhad ("Bursa"), the following parties have deemed interest in 26,674,158 ordinary shares of RM0.50 each representing 5.01% shareholding in Bursa:- 1. Aberdeen Asset Management PLC and its subsidiaries - 23,734,900 Bursa shares; 2. Mitsubishi UFJ Asset Management Co. Ltd. - 2,783,000 Bursa shares; and 3. Morgan Stanley & Co. International PLC - 156,258 Bursa shares. This announcement is dated 5 March 2013. |
BURSA - Notice of Interest Sub. S-hldr (29A) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")
| Company Name | BURSA MALAYSIA BERHAD |
| Stock Name | BURSA |
| Date Announced | 5 Mar 2013 |
| Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
| Reference No | BM-130228-66276 |
Particulars of Substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc. ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan |
| NRIC/Passport No/Company No. | Nil |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | 1. HSBC Nominees (Asing) Sdn Bhd BNP Paribas SECS SVS LUX for Aberdeen Global No. 2, Leboh Ampang 50100 Kuala Lumpur 2. HSBC Nominees (Asing) Sdn Bhd Morgan Stanley & Co. International PLC (Firm A/C) No. 2, Leboh Ampang 50100 Kuala Lumpur |
| Remarks : |
| Based on Form 29A dated 26 February 2013 which was submitted by MUFG to Bursa Malaysia Berhad ("Bursa"), the following parties have deemed interest in 26,641,058 ordinary shares of RM0.50 each representing 5.0% shareholding in Bursa:- 1. Aberdeen Asset Management PLC and its subsidiaries - 23,734,900 Bursa shares; 2. Mitsubishi UFJ Asset Management Co. Ltd. - 2,749,900 Bursa shares; and 3. Morgan Stanley & Co. International PLC. - 156,258 Bursa shares. This announcement is dated 5 March 2013. |
ALAM - OTHERS CONTRACTS FOR PROVISION OF UNDERWATER SERVICES
| Company Name | ALAM MARITIM RESOURCES BERHAD |
| Stock Name | ALAM |
| Date Announced | 5 Mar 2013 |
| Category | General Announcement |
| Reference No | AM-130305-4FB88 |
| Type | Announcement |
| Subject | OTHERS |
| Description | CONTRACTS FOR PROVISION OF UNDERWATER SERVICES |
INTRODUCTION The Board of Directors of Alam Maritim Resources Berhad (“AMRB” or the
“Company”) is pleased to announce that Alam Maritim (M) Sdn Bhd (“AMSB”), a
wholly-owned subsidiary of the Company, had recently received two (2) Letters
of Award for the provisions of underwater services for a local oil and gas
company (“the Contracts”). THE CONTRACTS The total value of the Contracts is estimated at RM24.9 million. The Contracts are for a maximum period of 21 days (Contract 1) and 150 days (Contract 2) and not renewable. FINANCIAL EFFECTS The execution of the Contracts is not expected to have any material effects on
the share capital and shareholding structure of the Company but is expected to
contribute positively to the earnings and net tangible assets of the AMRB Group
for the year ending 31 December 2013. RISKS ASSOCIATED WITH THE CONTRACTS The risks associated with the Contracts are mainly operational risks and delays due to human, mechanical and logistic factors. In mitigating such risk, the Company will closely monitor work schedules whilst ensuring compliance to safety, operational procedures and timeliness in the completion and delivery of the Contracts.
DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST None of the Directors or major shareholders or persons connected to the
Directors or major shareholders has any direct or indirect interest in the
Contracts. DIRECTORS' STATEMENT The Board of Directors of AMRB is of the opinion that the acceptance of the
Contracts is in the best interest of the Company.
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DIJACOR - Changes in Director's Interest (S135) - Dato' Khoo Poh Chye
| Company Name | DIJAYA CORPORATION BERHAD |
| Stock Name | DIJACOR |
| Date Announced | 5 Mar 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | DC-130305-B8DDD |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Khoo Poh Chye |
| Address | No. 21, Jalan USJ 18/4A UEP Subang Jaya 47630 Subang Jaya Selangor Darul Ehsan |
| 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) |
Disposed | 100,000 |
| Circumstances by reason of which change has occurred | Disposal of shares in the open market. |
| Nature of interest | Deemed interest. |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 100,000 |
| Indirect/deemed interest (%) | 0.01 |
| Date of notice | 04/03/2013 |
| Remarks : |
| Particulars of deemed interest before disposal:- - 100,000 shares was held in the name of Lim Beoy Kee, the spouse of Dato’ Khoo Poh Chye (Deemed interest pursuant to Section 134 (12)(c) of the Companies Act, 1965). This announcement is dated 5 March 2013. |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 5 Mar 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-130305-322D9 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | 1) Employees Provident Fund Board ("EPF Board") Ibu Pejabat KWSP, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur 2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board 3) Citigroup EPF Board (AMUNDI) 4) Citigroup EPF Board (HDBS) 5) Citigroup EPF Board (RHB INV) 6) Citigroup EPF Board (AM INV) 7) Citigroup EPF Board (ALLIANCE) 8) Citigroup EPF Board (NOMURA) 9) Citigroup EPF Board (CIMB PRI) 10) Citigroup EPF Board (ARIM) 11) Citigroup EPF Board (TEMPLETON) 12) Citigroup EPF Board (ABERDEEN) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 27/02/2013 | 5,100,000 | |
| Acquired | 27/02/2013 | 350,000 | |
| Disposed | 27/02/2013 | 80,400 |
| Remarks : |
| 1) The total number of 1,006,101,206 ordinary shares comprised of the following:- a) Citigroup EPF Board - 921,100,606 b) EPF Board - 3,332,900 c) Citigroup EPF Board (AMUNDI) - 3,920,250 d) Citigroup EPF Board (HDBS) - 5,730,375 e) Citigroup EPF Board (RHB INV) - 1,500,000 f) Citigroup EPF Board (AM INV) - 8,148,550 g) Citigroup EPF Board (ALLIANCE) - 2,050,000 h) Citigroup EPF Board (NOMURA) - 34,889,800 i) Citigroup EPF Board (CIMB PRI) - 14,664,425 j) Citigroup EPF Board (ARIM) - 3,100,000 k) Citigroup EPF Board (TEMPLETON) - 2,264,300 l) Citigroup EPF Board (ABERDEEN) - 5,400,000 2) Form 29B received on 5 March 2013 |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 5 Mar 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-130305-3A291 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | 1) Employees Provident Fund Board ("EPF Board") Ibu Pejabat KWSP, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur 2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board 3) Citigroup EPF Board (AMUNDI) 4) Citigroup EPF Board (HDBS) 5) Citigroup EPF Board (RHB INV) 6) Citigroup EPF Board (AM INV) 7) Citigroup EPF Board (ALLIANCE) 8) Citigroup EPF Board (NOMURA) 9) Citigroup EPF Board (CIMB PRI) 10) Citigroup EPF Board (ARIM) 11) Citigroup EPF Board (TEMPLETON) 12) Citigroup EPF Board (ABERDEEN) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 28/02/2013 | 5,049,600 | |
| Acquired | 28/02/2013 | 657,000 | |
| Disposed | 28/02/2013 | 53,500 | |
| Acquired | 28/03/2013 | 4,130,400 |
| Remarks : |
| 1) The total number of 1,005,785,506 ordinary shares comprised of the following:- a) Citigroup EPF Board - 916,051,006 b) EPF Board - 3,332,900 c) Citigroup EPF Board (AMUNDI) - 3,920,250 d) Citigroup EPF Board (HDBS) - 6,387,375 e) Citigroup EPF Board (RHB INV) - 1,500,000 f) Citigroup EPF Board (AM INV) - 8,148,550 g) Citigroup EPF Board (ALLIANCE) - 2,050,000 h) Citigroup EPF Board (NOMURA) - 34,836,300 i) Citigroup EPF Board (CIMB PRI) - 18,794,825 j) Citigroup EPF Board (ARIM) - 3,100,000 k) Citigroup EPF Board (TEMPLETON) - 2,264,300 l) Citigroup EPF Board (ABERDEEN) - 5,400,000 2) Form 29B received on 5 March 2013 |
SCOMIMR - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):COMBINATION OF TRANSACTIONS
| Company Name | SCOMI MARINE BHD |
| Stock Name | SCOMIMR |
| Date Announced | 5 Mar 2013 |
| Category | General Announcement |
| Reference No | MI-130305-60332 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) COMBINATION OF TRANSACTIONS |
| Description | SCOMI ENERGY SERVICES BHD (FORMERLY KNOWN AS SCOMI MARINE BHD) (“SESB”) (I) PROPOSED ACQUISITIONS BY SESB OF THE FOLLOWING: (A) THE ENTIRE ISSUED AND PAID-UP ORDINARY AND PREFERENCE SHARES OF SCOMI OILFIELD LIMITED (“SOL”) FROM SCOMI GROUP BHD (“SGB”), STANDARD CHARTERED PRIVATE EQUITY LIMITED AND FUJI INVESTMENTS I FOR A TOTAL PURCHASE CONSIDERATION OF RM1,020.02 MILLION (SUBJECT TO THE NET AMOUNT DUE ADJUSTMENT) (“PROPOSED SOL ACQUISITION”); (B) THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SCOMI SOSMA SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM6.71 MILLION; AND (C) 48% OF THE ISSUED AND PAID-UP ORDINARY SHARES OF SCOMI KMC SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM769,911; (ITEMS (A), (B) AND (C) TO BE COLLECTIVELY REFERRED TO AS “PROPOSED ACQUISITIONS”) (II) PROPOSED EXEMPTION TO SGB AND SCOMI ENERGY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SGB, FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING ORDINARY SHARES OF RM0.45 EACH IN SESB NOT ALREADY OWNED BY THEM UPON COMPLETION OF THE PROPOSED SOL ACQUISITION; AND (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF SESB (COLLECTIVELY REFERRED TO AS “PROPOSALS”) |
(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the circular to the shareholders of SESB dated 25 January 2013.) We refer to the announcements dated 29 February 2012, 29 June 2012, 24 July 2012, 6 September 2012, 25 September 2012, 24 October 2012, 23 November 2012, 16 January 2013, 17 January 2013, 21 January 2013, 23 January 2013, 20 February 2013, 22 February 2013 and 1 March 2013 in relation to the Proposals. On behalf of the Board, Maybank Investment Bank Berhad wishes to announce the following: (i) SESB and the parties to the SOL Agreement had, vide a letter dated 5 March 2013, mutually agreed to, among others, change the date of determination of the final value of the SOL Receivables to a date falling on the last date on the month preceding the Unconditional Date; and (ii) SESB and SGB had, vide a letter dated 5 March 2013, mutually agreed to change the date of determination of the final value of the Amount Owing to a date falling on the last date on the month preceding the Unconditional Date. A copy of the letters mentioned in items (i) and (ii) above will be made available for inspection at the registered office of SESB at Level 17, 1 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan during normal office hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 5 March 2013.
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OCTAGON - OTHERS AUDITED FINANCIAL STATEMENTS AND THE AUDITORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2012
| Company Name | OCTAGON CONSOLIDATED BERHAD |
| Stock Name | OCTAGON |
| Date Announced | 5 Mar 2013 |
| Category | General Announcement |
| Reference No | OC-130305-68162 |
| Type | Announcement |
| Subject | OTHERS |
| Description | AUDITED FINANCIAL STATEMENTS AND THE AUDITORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2012 |
Further to the First Announcement pursuant to Practice Note 17 (“PN 17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 8 June 2012, the Board of Directors of Octagon Consolidated Berhad (“Octagon” or the “Company”) wishes to announce that Octagon’s External Auditors has expressed a disclaimer opinion in the Company’s latest audited accounts for the financial year ended 31 October 2012, as set out below:-
“Basis for Disclaimer of Opinion
(i) As disclosed in Note 2(e) to the financial statements, the Group and the Company incurred net losses during the financial year ended 31 October 2012 of RM68,653,030 and RM129,993,080 respectively and, as of that date, the Group and the Company had net current liabilities of RM190,566,563 and RM132,728,215 respectively. As disclosed in Note 22, the Group and the Company have defaulted in their repayment in relation to certain term loans during the financial year ended 31 October 2012. However, the Group has via the Corporate Debt Restructuring Committee (“CDRC”) submitted a Proposed Rationalisation Scheme (“PRS”) for the financial creditors’ considerations and CDRC has vide its letter dated 9 January 2013 informed the Company that the financial lenders have approved the PRS and the Company is advised to finalise and execute the Debt Settlement Agreement (“DSA”) with the financial creditors within 30 days from CDRC’s letter. The Company is in the midst of finalising and executing the DSA as at the date of authorisation of the financial statements. These conditions indicate the existence of a material uncertainty which may cast significant doubt about the Group’s and the Company’s ability to continue as going concerns pending the implementation of the PRS.
Should the going concern basis of preparing the financial statements be no longer appropriate, adjustments would have to be made to reduce the value of all assets to their estimated realizable values, and to provide further estimated liabilities that may arise, and to reclassify property, plant and equipment and other non-current assets and non-current liabilities as current assets and current liabilities respectively.
(ii) As disclosed in Notes 6 and 8 to the financial statements, the Group has capital work-in-progress of RM79,418,650 and development expenditure of RM 71,750,079 as at 31 October 2012 which are attributable to the waste tyre pyrolysis project and the waste to energy project in Sri Lanka respectively. The Company’s investments in the relevant subsidiaries are amounting to RM33,600,000 as at 31 October 2012. The recoverable amounts of these assets are dependent upon the successful implementation of the projects and the PRS which is still pending finalisation, which indicates the existence of a material uncertainty. As such, we are unable to perform sufficient appropriate audit procedures to ascertain the recoverable amounts of the assets.
(iii) As disclosed in Note 24 to the financial statements, the Group is owing an amount of RM18,861,847 to a shareholder of a subsidiary. In addition, the directors of the Company also further disclosed in Note 31 to the financial statements a contingent liability in respect of the profit element on the outstanding amount which has not been provided for in the financial statements.
Disclaimer of Opinion
Because of the significance of the matters described in the Basis for Disclaimer of Opinion paragraph, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. Accordingly, we do not express an opinion on the financial statements.”
As disclosed in the monthly announcement on 1 March 2013, the Company is in the midst of finalizing the final draft Debt Settlement Agreement (“DSA”) to record the debt settlement arrangements with the respective financial lenders.
Premised on the First Announcement, the last day for submission of the Regularisation Plan by Octagon to the relevant authorities would be by 8 June 2013, which is approximately 3 months from the date hereof.
This announcement is dated 5 March 2013. | |
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