TOPGLOV - Change in Boardroom
| Company Name | TOP GLOVE CORPORATION BHD |
| Stock Name | TOPGLOV |
| Date Announced | 14 Mar 2013 |
| Category | Change in Boardroom |
| Reference No | TG-130311-70197 |
| Date of change | 14/03/2013 |
| Name | Tan Sri Mohd Sidek bin Haji Hassan |
| Age | 61 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Economics (Honours) Degree in Public Administration from University of Malaya and Masters of Business Administration (MBA) from New Hampshire College, United States of America. |
| Working experience and occupation | Tan Sri Sidek began his career in the Administrative and Diplomatic Service on 15 April 1974 as an Assistant Director at the International Trade Division, Ministry of Trade and Industry. He was later appointed Assistant Trade Commissioner at the Malaysian Embassy in Tokyo, Japan, from May 1977 until July 1980. From August 1980 until 1985, he served in the Implementation Coordination Unit (ICU) of the Prime Minister’s Department, initially as a Principal Assistant Director, then later promoted to Deputy Director, Project Analysis Sector and subsequently as the Deputy Director of Research in the same department. He has expansive working experience within the Ministry of International Trade and Industry. During his service in the ministry, he had held the positions of Malaysia’s Trade Commissioner in Sydney, Australia, Deputy Director in the Policy and Research Division, Deputy Director (Operations) in the International Trade Division, Minister Counselor of Economic Affairs at the Embassy of Malaysia, Washington D.C., United States, and the Director of Multilateral Relations Division. He was appointed as Deputy Secretary-General (Trade) on 19 January 2001 and thereon as the Secretary-General of the Ministry of International Trade and Industry on 24 October 2004. He was appointed as the 12th Chief Secretary to the Government of Malaysia by the Yang Di-Pertuan Agong on 3 September 2006 and was in the office until 23 June 2012. |
| Directorship of public companies (if any) | (i) Petroliam Nasional Berhad (ii) Malayan Flour Mills 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 |
POLY - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | POLY GLASS FIBRE (M) BERHAD |
| Stock Name | POLY |
| Date Announced | 14 Mar 2013 |
| Category | General Announcement |
| Reference No | CC-130314-EC87D |
| Type | Announcement |
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD |
| Description | Pursuant to paragraph 14.09 (a) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad ("Bursa Securities"), the following Director of POLY GLASS FIBRE (M) BHD has transacted in securities of the Company with details as follows:- |
Name of Director: Fong Wah Kai Date of Transaction: 11-13 March 2013 Consideration for the dealing: RM0.344 per share Amount of securities acquired (indirect): 118,000 ordinary shares of RM1.00 each Percentage of securities acquired: 0.07% Total number of securities (%) held after acquisition are as follows: - Direct: 6,798,800 (4.25%) Indirect: 80,463,600 (50.30%) Dated this 14th day of March 2013 | |
POLY - Changes in Sub. S-hldr's Int. (29B) - Equaplus Sdn Bhd
| Company Name | POLY GLASS FIBRE (M) BERHAD |
| Stock Name | POLY |
| Date Announced | 14 Mar 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130314-EC87C |
Particulars of substantial Securities Holder
| Name | Equaplus Sdn Bhd |
| Address | Suite 12-A, Level 12 Menara Northam No 55 Jalan Sultan Ahmad Shah 10050 Penang |
| NRIC/Passport No/Company No. | 165540-K |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Equaplus Sdn Bhd Suite 12-A, Level 12 Menara Northam No 55 Jalan Sultan Ahmad Shah 10050 Penang |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 13/03/2013 | 118,000 | 0.344 |
| Remarks : |
| The acquisitions were made between 11-13 March 2013. |
POLY - Changes in Sub. S-hldr's Int. (29B) - Fong Wah Kai
| Company Name | POLY GLASS FIBRE (M) BERHAD |
| Stock Name | POLY |
| Date Announced | 14 Mar 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130314-EC86F |
Particulars of substantial Securities Holder
| Name | Fong Wah Kai |
| Address | 86 Jalan Bandar 50000 Kuala Lumpur |
| NRIC/Passport No/Company No. | 471224-02-5241 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Equaplus Sdn Bhd Suite 12-A, Level 12 Menara Northam No 55 Jalan Sultan Ahmad Shah 10050 Penang |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 13/03/2013 | 118,000 | 0.344 |
| Remarks : |
| The acquisitions were made between 11-13 March 2013. Deemed interested in shares held by virtue of Section 6A of the Companies Act, 1965. |
POLY - Changes in Director's Interest (S135) - Fong Wah Kai
| Company Name | POLY GLASS FIBRE (M) BERHAD |
| Stock Name | POLY |
| Date Announced | 14 Mar 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-130314-EC861 |
Information Compiled By KLSE
Particulars of Director
| Name | Fong Wah Kai |
| Address | 86 Jalan Bandar 50000 Kuala Lumpur |
| 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) |
Acquired | 118,000 | 0.344 |
| Circumstances by reason of which change has occurred | Open Market Acquisition |
| Nature of interest | Deemed |
| Consideration (if any) | RM0.344 per share |
Total no of securities after change | |
| Direct (units) | 6,798,800 |
| Direct (%) | 4.25 |
| Indirect/deemed interest (units) | 80,463,600 |
| Indirect/deemed interest (%) | 50.3 |
| Date of notice | 14/03/2013 |
| Remarks : |
| Percentage of shares acquired: 0.07% The acquisitions were made between 11-13 March 2013. Deemed interest are shares held by virtue of Section 6A of the Companies Act, 1965. |
INTEGRA - OTHERS INTEGRAX BERHAD (“INTEGRAX” OR THE “COMPANY”) – AWARD OF CONSTRUCTION CONTRACT FOR NEW GRAB SHIP UNLOADER
| Company Name | INTEGRAX BERHAD |
| Stock Name | INTEGRA |
| Date Announced | 14 Mar 2013 |
| Category | General Announcement |
| Reference No | CK-130313-51848 |
| Type | Announcement |
| Subject | OTHERS |
| Description | INTEGRAX BERHAD (“INTEGRAX” OR THE “COMPANY”) – AWARD OF CONSTRUCTION CONTRACT FOR NEW GRAB SHIP UNLOADER |
1. INTRODUCTION We refer to the Company’s Extraordinary General Meeting held on 24 August 2012 where the shareholders of the Company had granted their approval for Lekir Bulk Terminal Sdn Bhd (“LBTSB”), an 80%-owned subsidiary of the Company, to enter into a new Jetty Terminal Usage Agreement (“JTUA-M4”) with TNB Janamanjung Sdn Bhd, a wholly-owned subsidiary of Tenaga Nasional Berhad, a major shareholder of the Company. Under the said JTUA-M4, LBTSB is to procure and appoint a reputable contractor to undertake the design, engineering, procurement and construction of a new additional grab ship unloader for the Lekir Bulk Terminal at Pulau Lekir Satu, Lumut, Perak Darul Ridzuan. The Company wishes to inform that LBTSB has on 13 March 2013 entered into a construction contract with Mutiara Etnik Sdn Bhd (“the Contractor”) and Jiangsu Hailong Heavy Machinery Co. Ltd (“the Designated Sub-contractor”) for the design, build and turnkey contract for the design, supply, erection, installation and hook up, and the commissioning of a New Additional Grab Ship Unloader (“SUL3”) by the Contractor and the Designated Sub-contractor. 2. SALIENT TERMS OF THE CONSTRUCTION CONTRACT 2.1 The price for the construction contract is RM37.75 million (“Contract Price”) payable progressively upon the achievement of certain milestones, as set out in the construction contract. 2.2 The Letter of Award and Notice to Proceed issued by LBTSB requires that a Performance Security Bond and a Design Bond amounting to RM3.8 million and RM566,000 respectively be provided to LBTSB by the Contractor. The Designated Sub-contractor would be providing a Guarantee for the Design to the Contractor, which will form an integral part of the contract entered into between LBTSB and the Contractor; 2.3 The Contractor and Designated Sub-contractor will have a contractual agreement between themselves for the execution of the construction contract (“the Sub-Contract”); 2.4 The SUL3 is expected to be delivered by January 2014. 2.5 As part of the Company’s Corporate Governance initiatives, the Contractor and the Designated Sub-contractor also signed the Code of Ethics document with the Company whereby they agree to abide by the Company’s policies on General Business Ethics, Conflicts of Interest, Confidentiality and Gifts and Entertainment. The Company had signed the Corporate Integrity Pledge on 17th July 2012. 3. DETAILS OF THE CONTRACTOR AND DESIGNATED SUBCONTRACTOR The Contractor, an ISO 9001:2008 certified organisation, is an Engineering, Procurement, Construction and Commissioning (“EPCC”) solution provider in Dry Bulk Material Handling systems. The Contractor has many years of experience in providing total solutions for handling dry bulk material utilised in coal-fired power plants, steel, cement, mining and port facilities. These include ship loaders, ship unloaders, stackers, stacker reclaimers and other associated systems, on a turnkey basis. The Designated Subcontractor has over 30 years’ of experience in designing, manufacturing and fabricating port machinery and cranes for users in the business of ports, shipyards, power plants, hydropower stations and railways. The Designated Subcontractor is located in the Jiangsu Haimen Economic Development Zone, People’s Republic of China, and its manufacturing facility covers an area of about 330,000 square metres, with a planned shoreline of 669 metres depth of 400 metres, with water depth of more than 7 metres. It has a 10,000-ton class heavy-duty dock with a maximum lifting capacity reaching 250 tons, and a 150,000-square metre large-scale assembly yard which allows 12 container cranes and over 20 gantry cranes to work simultaneously. The Designated Subcontractor’s main steel structure workshop has a construction area of 32,400 square metres with sand washing and coating workshops. In addition, the Designated Sub-contractor has a strong machining capability and an 8,000 square metre machining workshop equipped with large, high-precision machining facilities. 4. SOURCE OF FUNDING AND CAPITAL COMMITMENT The funding for the construction is expected to be satisfied by a combination of internally generated funds and external borrowings. 5. DETAILS ON SUL3 SUL3 comprises an 80-tonne grab bucket ship unloader which would increase the capacity of the existing jetty facilities and allow LBTSB to provide coal import handling and delivery services as agreed with TNB Janamanjung Sdn Bhd under JTUA-M4, the details of which can be found in the Company’s Circular dated 9 August 2012. 6. PRODUCTION CAPACITY AGAINST CURRENT TOTAL CAPACITY LBTSB is currently handling dry bulk cargo of approximately 6 million metric tons per annum. Upon the completion of SUL3, LBT is expected to handle an additional 3 million metric tons per annum of dry bulk cargo. 7. FINANCIAL IMPACT OF THE CONSTRUCTION ON THE GROUP The construction contract will have no effect on the share capital of the Company and has no significant effect on the revenue and earnings of the Group for the financial year ending 31 December 2013. However it is expected to contribute positively to the Group’s earnings and net assets upon operation after completion. 8. APPROVALS REQUIRED The construction contract is not subject to the shareholders’ approval or any other relevant authority. 9. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the directors and/or major shareholders of the Company or persons connected to them have any direct or indirect interest in the construction contract. 10. DIRECTORS’ OPINION The Board of Directors is of the opinion that the construction contract is in the best interest of the Company. This announcement is dated 14th March 2013. | |
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