April 10, 2013

Company announcements: N2N, ALLIANZ, ORIENT, WTHORSE, MSNIAGA, GLOMAC, BSDREIT, SIGGAS, SNTORIA

N2N - N2N-Renounceable rights issue of up to 108,110,000 5-Year Warrants 2013/2018 (“Warrants”) on the basis of one (1) Warrant for every three (3) existing ordinary shares of RM0.10 each (“N2N Shares”) held in N2N at an issue price of RM0.02 per Warrant (“Rights Issue of Warrants”)

Announcement Type: Listing Circular
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced10 Apr 2013  
CategoryListing Circular
Reference NoNM-130409-50441

LISTING'S CIRCULAR NO. L/Q : 67501 OF 2013

Kindly be advised that N2N's 99,923,600 Warrants issued pursuant to the aforesaid Rights Issue of Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 11 April 2013.

The Stock Short Name, ISIN Code and Stock Number of the Warrants are "N2N-WA", "MYQ0108WAS45" and "0108WA" respectively.


N2N - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced10 Apr 2013  
CategoryGeneral Announcement
Reference NoOD-130409-53685

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionN2N Connect Berhad (“N2N” or “Company”)

Renounceable rights issue of up to 108,110,000 five (5)-year warrants 2013/2018 (“Warrants”) at an issue price of RM0.02 for each Warrant on the basis of one (1) Warrant for every three (3) existing ordinary shares of RM0.10 each in N2N held at 5.00 p.m. on 19 March 2013 (“Entitlement Date”) (“Rights Issue of Warrants”)


On behalf of the Board of Directors of N2N (“Board”), HwangDBS Investment Bank Berhad wishes to announce that as at the close of acceptance and payment for the Rights Issue of Warrants at 5.00 p.m. on 3 April 2013 (“Closing Date”), the total acceptances and excess applications received for the Rights Issue of Warrants was for 177,776,341 Warrants, representing approximately 177.91% of the Warrants available under the Rights Issue of Warrants, which represents an over-subscription rate of 77.91%.

Details of acceptances by entitled shareholders and/or their transferee(s) and/or their renouncee(s) including excess applications received as at the close of acceptance and payment of the Rights Issue of Warrants at 5.00 p.m. on the Closing Date are set out in the table below:



No. of Warrants

Percentage of available Warrants (%)

Acceptances

98,104,962

98.18

Excess applications

79,671,379

79.73

Total acceptances and excess applications

177,776,341

177.91

Total available Warrants

99,923,600

100.00

Over subscription

77,852,741

77.91

The basis of allotment for excess Warrants, as set out in the Abridged Prospectus dated 19 March 2013, is in the following priority, where applicable:

(i) firstly, to minimise the incidence of odd lots;

(ii) secondly, for allocation to entitled shareholders who have applied for excess Warrants on a pro-rata basis and in board lot, calculated based on their respective shareholdings in N2N as at the Entitlement Date;

(iii) thirdly, for allocation to entitled shareholders who have applied for excess Warrants on a pro-rata basis and in board lot, calculated based on the quantum of their respective excess Warrants application; and

(iv) fourthly, for allocation to transferees and/or renouncees who have applied for excess Warrants on a pro-rata basis and in board lot, calculated based on the quantum of their respective excess Warrants application.

The Warrants are expected to be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 11 April 2013.

This announcement is dated 10 April 2013.



ALLIANZ - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameALLIANZ MALAYSIA BERHAD  
Stock Name ALLIANZ  
Date Announced10 Apr 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoAM-130409-E52A7

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of irredeemable convertible preference shares of RM1.00 each in Allianz Malaysia Berhad into ordinary shares of RM1.00 each in Allianz Malaysia Berhad
No. of shares issued under this corporate proposal150,000
Issue price per share ($$)MYR 0.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units158,919,938
CurrencyMYR 158,919,938.000
Listing Date11/04/2013

Remarks :
The Conversion Price is fixed at 1 new ordinary share of RM1.00 in Allianz Malaysia Berhad (“AMB Share”) and shall be satisfied by surrendering 1 irredeemable convertible preference share of RM1.00 in Allianz Malaysia Berhad ("ICPS") for each new AMB Share. No cash is payable by the holder of the ICPS upon conversion of the ICPS to AMB Share.

Kindly refer to the Abridged Prospectus dated 8 July 2010 for the principal terms of the ICPS.


ORIENT - ORIENT - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced10 Apr 2013  
CategoryListing Circular
Reference NoRN-130410-38290

LISTING'S CIRCULAR NO. L/Q : 67496 OF 2013


    Single Tier Interim Dividend of 4%.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 23 April 2013 ]

    2) The last date of lodgement : [ 25 April 2013 ]

    3) Date Payable : [ 10 May 2013 ]


WTHORSE - WHITE HORSE BERHAD (“WHB” OR “COMPANY”) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN WHITE HORSE CERAMIC INDUSTRIES (VIETNAM) CO., LTD. (“WHV”) FROM WHITE HORSE INVESTMENT (S) PTE LTD (“WHI”) FOR A CASH CONSIDERATION OF USD21,000,000 (EQUIVALENT TO RM64,743,000) (“PROPOSED ACQUISITION”)

Announcement Type: General Announcement
Company NameWHITE HORSE BERHAD  
Stock Name WTHORSE  
Date Announced10 Apr 2013  
CategoryGeneral Announcement
Reference NoMI-130410-44472

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-130408-58651
SubjectWHITE HORSE BERHAD (“WHB” OR “COMPANY”)

PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN WHITE HORSE CERAMIC INDUSTRIES (VIETNAM) CO., LTD. (“WHV”) FROM WHITE HORSE INVESTMENT (S) PTE LTD (“WHI”) FOR A CASH CONSIDERATION OF USD21,000,000 (EQUIVALENT TO RM64,743,000) (“PROPOSED ACQUISITION”)
DescriptionReference is made to the announcement dated 3 April 2013 and the query from Bursa Malaysia Securities Berhad via its facsimile dated 8 April 2013 in relation to the same (“Bursa Query”).

On behalf of WHB, Maybank Investment Bank Berhad wishes to announce the additional information in relation to the Proposed Acquisition as required by Bursa Malaysia Securities Berhad pursuant to the Bursa Query.

Please refer to the attachment for details of the announcement.

This announcement is dated 10 April 2013.
Query Letter Contents We refer to your annoncement made on behalf of the above Company dated 3 April
2013 in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
To state the impact to WHV if the Extension Letter from BIZA is not obtained or
the investment certificate is terminated.
To state the rationale for making the payment on the First Anniversary even
without the Extension Letter or amended investment certificate issued.
To clarify WHI's obligations as set out in Clause 10 of the SPA.
To include brief details on the Disclosure Letter and the impact of
non-fulfilment of the said condition in event that WHB is unable to accept the
content of the amended Disclosure Letter.
To include details on the adjustments to arrive at the Adjusted PAT and the
impact on the Guaranteed Profit.
To state the basis to arrive at the net positive cash flow generated from
operating activities i.e. Agreed Cash Flows.
To state the maximum roll over period for the Repayment Shortfall.
To state the source of funds to be used to settle the Total Guaranteed Profit
Shortfall if it is to be settled by WHV.
To include the actual or draft Salient Terms of the Tripartite Agreement.
To state the basis to arrive at the adjusted NA of WHV on Completion and
details of the adjustments.
To also state whether the adjusted NA on Completion will be audited.
To tabulate the calculation to arrive at the adjusted NA of USD24.5 million.
To state the expected production capacity of WHB Group after the Proposed
Acquisition.
To also state the source of funds for the additional financial commitment.
To also state the principal source of raw materials for WHV and the name of its
Directors.
To include the audited financial information of WHV for the past 3 years and
the latest interim financial results (if available) stating the turnover,
Profit Before Tax, and Profit After Tax and Minority Interests.
To include a section on the overview and prospects of the manufacturing of
granite and ceramic tiles in Vietnam.
To state the estimated timeframe for WHB to accrue profits from WHV.
To also discuss on the viability of shipping the granite and ceramic tiles
produced in Vietnam to Malaysia.
To elaborate on how WHV will benefit from the developments in Malaysia.
To elaborate further on how WHB/WHV will mitigate the fluctuations in foreign
exchange and the depreciation in VND.
To illustrate the effect of the Proposed Acquisition on the Earnings & EPS of
WHB using the latest audited consolidated Financial Statements of WHB assuming
that the Proposed Acquisition had been effected at the beginning of that
financial year.
To state the basis of Audit Committee's view on the transaction.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully




SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

WCY/NM
copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)




MSNIAGA - MSNIAGA - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameMESINIAGA BERHAD  
Stock Name MSNIAGA  
Date Announced10 Apr 2013  
CategoryListing Circular
Reference NoRN-130410-38520

LISTING'S CIRCULAR NO. L/Q : 67495 OF 2013


    First and Final Dividend of 21 sen per share of RM1.00 each less income tax of 25%.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 20 June 2013 ]

    2) The last date of lodgement : [ 24 June 2013 ]

    3) Date Payable : [ 5 July 2013 ]


GLOMAC - GLOMAC - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameGLOMAC BERHAD  
Stock Name GLOMAC  
Date Announced10 Apr 2013  
CategoryListing Circular
Reference NoRN-130410-38403

LISTING'S CIRCULAR NO. L/Q : 67494 OF 2013


    Interim dividend of 3 sen per ordinary share of RM0.50 each less tax for the financial year ending 30 April 2013.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 3 June 2013 ]

    2) The last date of lodgement : [ 5 June 2013 ]

    3) Date Payable : [ 12 June 2013 ]


BSDREIT - 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 NameAL-HADHARAH BOUSTEAD REIT  
Stock Name BSDREIT  
Date Announced10 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130409-5733A

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 incorporationMalaysian
Descriptions (Class & nominal value)REIT unit
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)
Acquired01/04/2013
663,000
 
Acquired02/04/2013
606,800
 

Circumstances by reason of which change has occurredPurchase of shares in open market
Nature of interestDirect
Direct (units)45,654,300 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change45,654,300
Date of notice08/04/2013

Remarks :
This announcement is dated 10 April 2013.

The Secretary of the Company received the Form 29B dated 8 April 2013 today, 10 April 2013.


SIGGAS - SIGGAS - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameSIG GASES BERHAD  
Stock Name SIGGAS  
Date Announced10 Apr 2013  
CategoryListing Circular
Reference NoRN-130410-38628

LISTING'S CIRCULAR NO. L/Q : 67499 OF 2013


    Final Dividend of 0.8 sen per share under the single-tier system.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 29 May 2013 ]

    2) The last date of lodgement : [ 31 May 2013 ]

    3) Date Payable : [ 18 June 2013 ]


SNTORIA - SNTORIA - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameSENTORIA GROUP BERHAD  
Stock Name SNTORIA  
Date Announced10 Apr 2013  
CategoryListing Circular
Reference NoRN-130410-37895

LISTING'S CIRCULAR NO. L/Q : 67498 OF 2013


    Bonus issue of 40,000,000 new ordinary shares of RM0.20 each in Sentoria Group Berhad ("Sentoria") ("Sentoria Share(s)") ("Bonus Share(s)") to be credited as fully paid-up on the basis of one (1) Bonus Share for every ten (10) existing Sentoria Shares held as at 5.00 p.m. on 23 April 2013.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ]
    as from : [ 19 April 2013 ]

    2) The last date of lodgement : [ 23 April 2013 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 1/11 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 9.09% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 1/11 ] of the Transacted Price is applicable.

    Remarks : "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 24 April 2013 with Bonus issue of SNTORIA shares of RM0.20 each, any shareholder who is entitled to receive SNTORIA Bonus issue shares, may sell any or all of his SNTORIA shares arising from the Bonus issue beginning the Ex-Date (19 April 2013).

    For example, if Mr X purchases 100 SNTORIA shares on cum basis on 18 April 2013, Mr X should receive 100 shares on 23 April 2013. As a result of the Bonus issue, a total of 110 SNTORIA shares will be credited into Mr X's CDS account on the night of 23 April 2013 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 110 on or after the Ex-Date ie from 19 April 2013 onwards."


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