March 26, 2013

Company announcements: YTLPOWR, SCOMIES, CBIP, QL, TOPGLOV, TOYOINK, PA

YTLPOWR - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameYTL POWER INTERNATIONAL BHD  
Stock Name YTLPOWR  
Date Announced26 Mar 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoYP-130326-3E37F

Date of buy back26/03/2013
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)1,400,000
Minimum price paid for each share purchased ($$)1.450
Maximum price paid for each share purchased ($$)1.450
Total consideration paid ($$)2,036,899.00
Number of shares purchased retained in treasury (units)1,400,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)67,262,545
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.92


YTLPOWR - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameYTL POWER INTERNATIONAL BHD  
Stock Name YTLPOWR  
Date Announced26 Mar 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoYP-130326-1F100

Date of buy back from19/03/2013
Date of buy back to20/03/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)3,753,400
Minimum price paid for each share purchased ($$)1.430
Maximum price paid for each share purchased ($$)1.460
Total amount paid for shares purchased ($$)5,450,175.31
The name of the stock exchange through which the shares were purchased BURSA MALAYSIA SECURITIES BERHAD
Number of shares purchased retained in treasury (units)3,753,400
Total number of shares retained in treasury (units)62,478,545
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies26/03/2013
Lodged by HO SAY KENG


SCOMIES - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameSCOMI ENERGY SERVICES BHD  
Stock Name SCOMIES  
Date Announced26 Mar 2013  
CategoryGeneral Announcement
Reference NoSE-130326-280BC

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionSCOMI ENERGY SERVICES BHD (FORMERLY KNOWN AS SCOMI MARINE BHD) (“SESB” or “the Company”)
- Dealings in listed securities of the Company outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the following Principal Officer of SESB had transacted in listed securities of SESB outside closed period as set out in Table hereunder.

This announcement is dated 26 March 2013.

Name of Principal Officer

Rohaida binti Ali Badaruddin

Type of Securities

Ordinary share of RM0.45 each

Nature of Interest

Date Transacted

Opening Balance

No. of Shares Acquired/

Disposed/

Other

% of Shares Transacted

Price per Shares

(RM)

Closing Balance

% of Shares Held After the Transaction

Direct

8 March 2013

959,000

Disposed

200,000

0.009

RM0.42

759,000

0.032

Direct

14 March 2013

759,000

Disposed

40,000

0.002

RM0.41

719,000

0.031



CBIP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameCB INDUSTRIAL PRODUCT HOLDING BERHAD  
Stock Name CBIP  
Date Announced26 Mar 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCI-130326-D2A27

Date of buy back26/03/2013
Description of shares purchasedORDINARY SHARES OF RM0.50 EACH
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)300,000
Minimum price paid for each share purchased ($$)2.500
Maximum price paid for each share purchased ($$)2.500
Total consideration paid ($$)752,675.00
Number of shares purchased retained in treasury (units)300,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)5,896,027
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)2.17


QL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced26 Mar 2013  
CategoryGeneral Announcement
Reference NoQR-130325-31966

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionQL Figo Foods Sdn. Bhd. disposed a freehold industrial land to a related party namely, RubyTech Resources Sdn. Bhd. for a total consideration of RM10 million.

1. Introduction

The Board of Directors of QL Resources Berhad (“Company”) wishes to announce that its wholly owned subsidiary, QL Figo Foods Sdn. Bhd. (formerly known as Figo Foods Sdn. Bhd.)(Company No. 170866-K) (“Figo”) has on 26 March 2013 entered into a Sale and Purchase Agreement (“S&P”) to dispose a vacant freehold industrial land held under Geran Mukim 1082, Lot 3410, Mukim Kajang, Tempat Sungai Keladi, District of Hulu Langat, Negeri Selangor measuring approximately 141,567 square feet to a related party namely, RubyTech Resources Sdn. Bhd. (Company No.85685-W)(“RT or Purchaser”) for a total consideration of Ringgit Malaysia: Ten Million (RM10,000,000.00) only (“Proposed Disposal”).


2. Information on Figo

Figo is a wholly-owned subsidiary of QL Fishery Sdn. Bhd. and its ultimate holding company being QL Resources Berhad ("QLR"). Its principal business is investment holding.


3. Information on RT

RT is a company incorporated in Malaysia on 3 June 1982, whose registered office is at No. 16A, Jalan Astaka U8/83, Bukit Jelutong, 40150 Shah Alam, Selangor Darul Ehsan. Its principal business is an investment holding.

The directors and shareholder of RT as follows:

Directors

a) Chia Song Swa

b) Chia Mak Hooi

Shareholders

Wholly owned by Ruby Technique Sdn. Bhd. whose holding company is CBG Holdings Sdn. Bhd. ("CBG"). The other shareholder of Ruby Technique Sdn. Bhd. is Farsathy Holdings Sdn. Bhd.("Farsathy")

CBG is a major shareholder of QLR.

The directors and shareholders of CBG who are also directors of QLR are as follows:

a) Chia Song Kun Director Shareholder (16.88%)

b) Chia Song Swa Director Shareholder (8.00%)

c) Chia Song Kooi Director Shareholder (8.00%)

d) Chia Mak Hooi Director Shareholder (2%)

The directors and shareholders of Farsathy who are also directors of QLR are as follows:

a) Chia Seong Pow Director Shareholder (20%)

b) Chia Seong Fatt Director Shareholder (20%)

4. Details of the Proposed Disposal

This transaction is carried out on an arm’s length basis and the consideration was based on the recommended market value as stated in the Valuation Report by Messrs CH Williams Talhar & Wong dated 19 March 2013.

Based on the Valuation Report, the market value of the vacant freehold industrial land and free from all encumbrances is RM10,000,000.00. The method of Valuation is based on Comparison Method.

The original cost of investment of the land to the Group as at 23 August 2010 is RM6,627,412.00. Henceforth, the expected gain from disposal to the Group is RM3,372,588.00. The sale proceeds will be utilised as working capital of the Group.

There are no liabilities to be assumed by RT arising from this transaction.


5. Salient terms of the Proposed Disposal

The consideration of Ringgit Malaysia: Ten Million (RM10,000,000.00) only shall be paid by the Purchaser to Figo as follows:

(a) Upon signing of the S&P, the Purchaser shall pay a sum of Ringgit Malaysia: One Million (RM1,000,000.00) being 10% of the total purchase price only as a deposit and part payment of the consideration to Figo (out of this amount, a sum of Ringgit Malaysia : Two Hundred Thousand (RM200,000.00) equivalent to 2% of the consideration is paid to Figo solicitors as stakeholders, to be paid to the Director-General of the Inland Revenue Department in compliance with section 21B of the Real Property Gains Tax Act, 1976);

(b) The balance of the consideration of Ringgit Malaysia: Nine Million (RM9,000,000.00) only shall be settled by the Purchaser to Figo by way of cash and/or loan within three (3) months from the date of S&P ("Completion Date"); and

(c) Figo shall deliver vacant possession of the land to the Purchaser upon full payment of the consideration.


6. Rationale

The Proposed Disposal is to dispose of the land that was originally meant for Figo's expansion of its manufacturing of food project. However, it was subsequently decided that the expansion project will not be on this said land and therefore the land is no longer needed. This sale is in line with our stategic review to divest the non-core and non income generating assets. Further, the price agreed upon is attractive as compared to its original cost of investment.


7. Financial Impact

There is no material effect on earnings per share, net assets, gearing, share capital and substantial shareholdings of the Company.

8. Approvals Required

No approval from the shareholders of QLR and/or relevant authorities is required for the Proposed Disposal.


9. Interests of Directors, Substantial Shareholders and Persons Connected To Them

Save as disclosed in paragraph 3 above, none of the other Directors, substantial shareholders of the Company and QLR, or persons connected to such Directors or substantial shareholders have any interest, direct or indirect in the above transaction. The interested directors have abstained from stating an opinion and voting in relation to the transaction.


10. Date of Completion

The Proposed Disposal is expected to be completed within three (3) months from the date of S&P.


11. Percentage ratio of the Proposed Disposal

The highest percentage ratio applicable to the Proposed Disposal pursuant to paragraph 10.02(g) of the Main Market Listing Requirements is 1.23%.


12. Statement by the Audit Committee

The Audit Committee, having taken into consideration all aspect of the Proposed Disposal, was of the view that it is in the best interest of the Company, fair, reasonable and on normal commercial terms and not detrimental to the interest of the minority shareholders.


13. Statement by the Board of Directors

The Board of Directors (save for the interested Directors) is of the opinion that the Related Party Transaction is in the best interest of the Company.


14. The total amount transacted with RT for the preceding 12 months

There are no other transactions previously.

15. Documents for inspection

The S&P and the valuation report for the Proposed Disposal will be made available for inspection at the registered office of the Company at No.16A, Jalan Astaka U8/83, Bukit Jelutong, 40150 Shah Alam, Selangor during normal business hours for a period of one month from the date of announcement.


This announcement is dated 26
March 2013.



TOPGLOV - 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 NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced26 Mar 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-130322-484D1

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)
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)
Disposed20/03/2013
26,700
 
Acquired21/03/2013
1,279,400
 
Disposed21/03/2013
40,000
 

Circumstances by reason of which change has occurred1. Disposal of 26,700 shares in open market by KWAP
2. Purchase of 1,279,400 shares in open market by KWAP
3. Disposal of 40,000 shares in open market by KWAP's Fund Manager
Nature of interestDirect and Indirect Interest
Direct (units)38,038,300 
Direct (%)6.1415 
Indirect/deemed interest (units)1,836,400 
Indirect/deemed interest (%)0.2965 
Total no of securities after change39,874,700
Date of notice26/03/2013

Remarks :
Top Glove Corporation Bhd received the Form 29B on 26/03/2013.


TOPGLOV - Changes in Director's Interest (S135) - Sekarajasekaran A/L Arasaratnam

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced26 Mar 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTG-130326-52118

Information Compiled By KLSE

Particulars of Director

NameSekarajasekaran A/L Arasaratnam
AddressNo. 17 & 19, Jalan 19/29,
46300 Petaling Jaya,
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
22/03/2013
10,000
5.500 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)12,351,718 
Direct (%)1.9942 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice25/03/2013

Remarks :
Balance of Shares:-

Direct Interest:
Sekarajasekaran A/L Arasaratnam - 12,351,718 shares

This announcement also serves as announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements for dealing in listed securities outside closed period. The number of shares involved in dealing is 10,000 (0.0016% of the total issued shares of Top Glove Corporation Bhd respectively).

The Company has received the notification on disposal of shares by Mr. Sekarajasekaran A/L Arasaratnam on 26 March 2013.


TOYOINK - TOYOINK- Suspension of Trading

Announcement Type: Listing Circular
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced26 Mar 2013  
CategoryListing Circular
Reference NoCY-130326-62400

LISTING'S CIRCULAR NO. L/Q : 67402 OF 2013

Kindly be advised that at the request of the above Company, trading in the Company's securities has been suspended with effect from 4.54 p.m., Tuesday, 26 March 2013, pending a material announcement.


PA - Changes in Director's Interest (S135) - Dato' Ng Tong Hai

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced26 Mar 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130326-44169

Information Compiled By KLSE

Particulars of Director

NameDato' Ng Tong Hai
AddressNo. 65 Lorong Gopeng
Taman Golf 31350 Ipoh
Perak Darul Ridzuan
Descriptions(Class & nominal value)Ordinary shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
25/03/2013
1,000,000
0.110 

Circumstances by reason of which change has occurredAcquisition of 1,000,000 ordinary shares in the open market
Nature of interestDirect Interest
Consideration (if any)RM110,000.00 

Total no of securities after change

Direct (units)185,872,100 
Direct (%)21.6 
Indirect/deemed interest (units)2,535,000 
Indirect/deemed interest (%)0.29 
Date of notice26/03/2013

Remarks :
This announcement also serves as a notification pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The above acquisition of 1,000,000 represents 0.12% of the issued and paid up capital of the Company.

Deemed interested by virtue of the shareholdings in Reka Roller Shutter Sdn. Bhd. (2,245,000) and shares held by his wife, Liew Yoke Keng (290,000) via Maybank Nominees (Tempatan) Sdn. Bhd. pledged securities account for Liew Yoke Keng respectively.


PA - Changes in Sub. S-hldr's Int. (29B) - Dato' Ng Tong Hai

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced26 Mar 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130326-4417D

Particulars of substantial Securities Holder

NameDato' Ng Tong Hai
AddressNo. 65 Lorong Gopeng
Taman Golf 31350 Ipoh
Perak Darul Ridzuan
NRIC/Passport No/Company No.540814-71-5409
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderCIMSEC Nominees (Tempatan) Sdn Bhd
CIMB Bank for Ng Tong Hai (MY1348)
Level 7, Wisma Amanah Raya Berhad
Jalan Semantan Damansara Heights
50490 Kuala Lumpur
Wilayah Persekutuan
Malaysia

Maybank Nominees (Tempatan) Sdn Bhd
Pledged securities account for Ng Tong Hai
14th Floor, Menara Maybank
100, Jalan Tun Perak
50050 Kuala Lumpur
Wilayah Persekutuan
Malaysia

Ng Tong Hai
No. 65 Lorong Gopeng
Taman Golf 31350 Ipoh
Perak Darul Ridzuan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired25/03/2013
1,000,000
0.110 

Circumstances by reason of which change has occurredAcquisition of 1,000,000 ordinary shares in the open market
Nature of interestDirect Interest
Direct (units)185,872,100 
Direct (%)21.6 
Indirect/deemed interest (units)2,535,000 
Indirect/deemed interest (%)0.29 
Total no of securities after change188,407,100
Date of notice26/03/2013

Remarks :
The above acquisition of 1,000,000 represents 0.12% of the issued and paid up capital of the Company.

Deemed interested by virtue of the shareholdings in Reka Roller Shutter Sdn. Bhd. (2,245,000) and shares held by his wife, Liew Yoke Keng (290,000) via Maybank Nominees (Tempatan) Sdn. Bhd. pledged securities account for Liew Yoke Keng respectively.


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