April 16, 2013

Company announcements: DELEUM, GAMUDA, LITRAK, TSH, BRAHIMS, YOKO, PRESTAR

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

Announcement Type: General Announcement
Company NameDELEUM BERHAD  
Stock Name DELEUM  
Date Announced16 Apr 2013  
CategoryGeneral Announcement
Reference NoCK-130416-75D25

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionTRANSACTIONS IN EXCESS OF MANDATE THRESHOLD

We refer to our announcement made on 11 March 2013 and wish to announce that as at 31 March 2013, the total amount of Recurrent Related Party Transactions of a Revenue and Trading Nature (“RRPTs”) entered into by Turboservices Sdn Bhd, a 74%owned subsidiary of Deleum Services Sdn Bhd, which in turn is a 100% owned subsidiary of the Company, with Solar Turbines International Company has exceeded by another 10% of the estimated value of the transaction value as disclosed in the Company’s Circular to Shareholders dated 2 May 2012.

The estimated value of RRPTs as disclosed in the said Circular was RM200,000,000 (“Estimated Value”). As announced on 11 March 2013 the actual value of the RRPTs transacted, from 24 May 2012, being the date on which the existing mandate was obtained up to 28 February 2013 was RM244,093,406 (“Actual Value”). The Actual Value transacted up to 31 March 2013 has increased to RM267,602,409.

The incremental Actual Value transacted as at 31 March 2013 amounted to RM23,509,003 or 11.75%. The Actual Value transacted up to 31 March 2013 as compared to the Estimated Value varied by RM67,602,409 or 33.8%.

The difference was due to increased customer purchase orders received by related parties.

This announcement is dated 16 April 2013.



GAMUDA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameGAMUDA BERHAD  
Stock Name GAMUDA  
Date Announced16 Apr 2013  
CategoryGeneral Announcement
Reference NoGG-130416-67607

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionARBITRATION PROCEEDINGS BY MMCEG-GAMUDA JOINT VENTURE AGAINST WAYSS & FREYTAG (MALAYSIA) SDN BHD

We refer to our announcements of 17 December 2008 and 19 January 2009 in respect of the above matter.

Gamuda Berhad (“Gamuda” or "the Company") wishes to announce that Gamuda, which is a party to the MMCEG-Gamuda Joint Venture (“the JV”), has today received the award of the arbitration. The award gives the following directions:

(i) That the JV’s claim against Wayss & Freytag (Malaysia) Sdn Bhd (“Wayss & Freytag”) fails and is dismissed;

(ii) That Wayss & Freytag’s claim succeeds in substantial part and the JV shall pay Wayss & Freytag the sum of RM96,297,229-03 together with interest thereon at 5% per annum from 16 April 2013; and

(iii) That the JV shall pay Wayss & Freytag the sum of RM9,000,000-00 as costs.

Gamuda has 50% interest in the JV. The impact on the earnings of Gamuda Group for the financial year ending 31 July 2013 is RM77,808,000-00.

This announcement is dated 16 April 2013.



LITRAK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLINGKARAN TRANS KOTA HOLDINGS BERHAD  
Stock Name LITRAK  
Date Announced16 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoLT-130416-EDAB5

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19 Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each.
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42 Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed10/04/2013
112,100
 
Acquired11/04/2013
300,000
 
Disposed11/04/2013
86,700
 

Circumstances by reason of which change has occurredDisposal and acquisition of shares in the open market.
Nature of interestBeneficial.
Direct (units)31,427,600 
Direct (%)6.14 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change31,427,600
Date of notice12/04/2013

Remarks :
Received notices of changes dated 11/4/13 and 12/4/13 on 16/4/13.


TSH - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced16 Apr 2013  
CategoryChange in Boardroom
Reference NoTR-130416-55192

Date of change16/04/2013
NameYB Datuk Nur Jazlan bin Mohamed
Age47
NationalityMalaysian
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonTo facilitate selection of YB Datuk Nur Jazlan as a candidate for Barisan Nasional to contest for the 13th General Election next month.
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsFellow member of the Association of Chartered Certified Accountants (ACCA), UK. and a Council Member of the Malaysian Institute of Accountants.  
Working experience and occupation He is the Chief of UMNO Pulai, Johor and also Chairman of Barisan Nasional for the division since 2003. He was an EXCO Member of UMNO Youth from 1996 until 2004. He is a two term Member of Parliament for Pulai and was re-elected as a Member of Parliament with the third largest majority among BN MPs in the general election held in March 2008. He is also a committee member of the Public Accounts Committee (PAC).

YB Datuk Nur Jazlan also has wide corporate experience since 1990. YB Datuk Nur Jazlan is a Director of Ekowood International Berhad, Telekom Malaysia Berhad, Prinsiptek Corporation Berhad and Jaycorp Berhad, all of which are listed on the Main Market of Bursa Securities. He is a director of United Malayan Land Bhd and also sits on the board of several other private limited companies. He was appointed as Chairman of Uda Holdings Berhad on 16 June 2010 and was also Director of Penang Port Sdn Bhd from 2005 to 31 December 2009. 
Directorship of public companies (if any)(1) Ekowood International Berhad
(2) Telekom Malaysia Berhad
(3) Prinsiptek Corporation Berhad
(4) Jaycorp Berhad 
Family relationship with any director and/or major shareholder of the listed issuerHe does not have any family relationship with any other Director and/or other major shareholders of the Company. 
Any conflict of interests that he/she has with the listed issuerHe has no conflict of interest with the Company. 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Cheam Heng Cheang

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRAHIM'S HOLDINGS BERHAD  
Stock Name BRAHIMS  
Date Announced16 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130416-3E3EC

Particulars of substantial Securities Holder

NameCheam Heng Cheang
AddressNo. 10 Jalan 8/3H
46050 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.660911-10-6097
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCheam Heng Cheang
No. 10 Jalan 8/3H
46050 Petaling Jaya
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/04/2013
20,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)12,476,000 
Direct (%)5.81 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change12,476,600
Date of notice16/04/2013

Remarks :
Form 29B was received by the Company on 16 April 2013


YOKO - OTHERS YOKOHAMA INDUSTRIES BERHAD ("YIB" OR "THE COMPANY") - PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY

Announcement Type: General Announcement
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced16 Apr 2013  
CategoryGeneral Announcement
Reference NoCC-130416-52767

TypeAnnouncement
SubjectOTHERS
DescriptionYOKOHAMA INDUSTRIES BERHAD ("YIB" OR "THE COMPANY")
- PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY

The Board of Directors of YIB wishes to announce that the Company intends to seek shareholders' approval at the forthcoming Nineteenth Annual General Meeting on the proposed amendments to the Articles of Association of the Company.

This announcement is dated 16 April 2013.



YOKO - OTHERS YOKOHAMA INDUSTRIES BERHAD ("YIB" OR "THE COMPANY") - PROPOSED RENEWAL OF EXISTING AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE UP TO 10% OF ITS OWN SHARES IN THE ISSUED AND PAID-UP SHARE CAPITAL

Announcement Type: General Announcement
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced16 Apr 2013  
CategoryGeneral Announcement
Reference NoCC-130409-60303

TypeAnnouncement
SubjectOTHERS
DescriptionYOKOHAMA INDUSTRIES BERHAD ("YIB" OR "THE COMPANY")
- PROPOSED RENEWAL OF EXISTING AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
- PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE UP TO 10% OF ITS OWN SHARES IN THE ISSUED AND PAID-UP SHARE CAPITAL

The Board of Directors of YIB wishes to announce that the Company intends to seek shareholders' approval for the following proposals at the forthcoming Nineteenth Annual General Meeting of the Company:-

1. Proposed renewal of existing and new shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and

2. Proposed renewal of authority for the Company to purchase up to 10 % of its own shares in the issued and paid-up share capital

collectively ("Proposals").

A Circular to Shareholders containing details of the Proposals will be issued to the shareholders of the Company in due course.

This announcement is dated 16 April 2013.



PRESTAR - Changes in Sub. S-hldr's Int. (29B) - Dato' Toh Yew Peng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePRESTAR RESOURCES BERHAD  
Stock Name PRESTAR  
Date Announced16 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-130416-45943

Particulars of substantial Securities Holder

NameDato' Toh Yew Peng
AddressLot 17494, 8 1/2 Miles
Jalan Ipoh
68100 Selangor Darul Ehsan
NRIC/Passport No/Company No.520824-07-5187
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderDato' Toh Yew Peng
Lot 17494, 8 1/2 Miles
Jalan Ipoh
68100 Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired15/04/2013
29,000
0.295 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect
Direct (units)5,417,896 
Direct (%)3.11 
Indirect/deemed interest (units)63,153,000 
Indirect/deemed interest (%)36.28 
Total no of securities after change68,570,896
Date of notice16/04/2013

Remarks :
Balance of Shares:

Direct Interest:
Dato' Toh Yew Peng - 5,417,896 ordinary shares

Indirect Interest:
Fabulous Essence Sdn Bhd - 50,610,000 ordinary shares
YK Toh Property Sdn Bhd - 12,543,000 ordinary shares


PRESTAR - Changes in Director's Interest (S135) - Dato' Toh Yew Peng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePRESTAR RESOURCES BERHAD  
Stock Name PRESTAR  
Date Announced16 Apr 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-130416-45944

Information Compiled By KLSE

Particulars of Director

NameDato' Toh Yew Peng
AddressLot 17494, 8 1/2 Miles
Jalan Ipoh
68100 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)
Acquired
15/04/2013
29,000
0.295 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect
Consideration (if any)RM8,555.00 

Total no of securities after change

Direct (units)5,417,896 
Direct (%)3.11 
Indirect/deemed interest (units)63,153,000 
Indirect/deemed interest (%)36.28 
Date of notice16/04/2013

Remarks :
Balance of Shares:

Direct Interest:
Dato' Toh Yew Peng - 5,417,896 ordinary shares

Indirect Interest:
Fabulous Essence Sdn Bhd - 50,610,000 ordinary shares
YK Toh Property Sdn Bhd - 12,543,000 ordinary shares


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

Announcement Type: General Announcement
Company NamePRESTAR RESOURCES BERHAD  
Stock Name PRESTAR  
Date Announced16 Apr 2013  
CategoryGeneral Announcement
Reference NoCS-130416-45942

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPRESTAR RESOURCES BERHAD (“PRESTAR” OR “THE COMPANY”)
- DEALINGS IN SECURITIES OF PRESTAR OUTSIDE CLOSED PERIOD PURSUANT TO CHAPTER 14.09(a) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
We act for and on behalf of PRESTAR.
The Company wishes to inform that pursuant to Chapter 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director of PRESTAR has transacted in the securities of PRESTAR outside the closed period:-


Name of Director and Substantial Shareholders

Type of
Transaction

Date of
Transaction

No. of
Shares

% of Shares
Involved

Price Per Shares (RM)

Consideration
(RM)

Dato' Toh Yew Peng

Direct Interest

Acquisition of shares

15.04.2013

29,000

0.02%

0.295

8,555

This announcement is dated 16 April 2013.


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