April 19, 2013

Company announcements: POS, HTPADU, ARMADA, GAMUDA, SHANG, PETDAG, MAXIS, PUNCAK

POS - 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 NamePOS MALAYSIA BERHAD  
Stock Name POS  
Date Announced19 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPM-130419-E2A76

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 RM0.50 each
Name & address of registered holder1) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board

2) Employees Provident Fund Board

3) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (RHB INV)

4) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (CIMB PRI)

5) CItigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ARIM)

6) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ABERDEEN)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/04/2013
110,000
 
Acquired16/04/2013
32,200
 

Circumstances by reason of which change has occurred110,000 shares were acquired by Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board

32,200 shares were acquired by Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ARIM)
Nature of interestDirect
Direct (units)39,815,200 
Direct (%)7.41 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change39,815,200
Date of notice17/04/2013

Remarks :
The total number of 39,815,200 shares are held as follows :-
1) 25,777,500 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board

2) 1,500,000 shares are registered in the name of Employees Provident Fund Board

3) 636,900 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (RHB INV)

4) 6,388,600 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (CIMB PRI)

5) 1,182,200 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ARIM)

6) 4,330,000 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ABERDEEN)

The Form 29B dated 17 April 2013 was received by the Company on 19 April 2013.


POS - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePOS MALAYSIA BERHAD  
Stock Name POS  
Date Announced19 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPM-130419-96A3E

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc ("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace Aberdeen, AB10 1YG, Scotland.

2) KOKUSAI Asset Management Co., Ltd. ("KOKUSAI")
1-1, Marunouchi 3-Chome, Chiyoda-ku, Tokyo, 100-0005, Japan

3) Morgan Stanley & Co. International plc
25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom.

4) AMP Capital Holdings Limited ("AMP") and its subsidiaries
Level 24 AMP Sydney Cove Building 33Alfred Street Sydney, NSW 2000, Australia.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired15/04/2013
10,000
 

Circumstances by reason of which change has occurredAcquisition by Morgan Stanley Group.


MUFG is deemed interested in the shares by virtue of:-

1) MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen.

2) MUFG's wholly-owned subsidiary, Mitsubishi UFJ Securities Co., Ltd., holding more than 15% in KOKUSAI Aaset Management Co.,
Ltd.

3) MUFG's holding more than 15% interest in shares of Morgan Stanley Group.

4) MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding 15% in AMP.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)71,500,924 
Indirect/deemed interest (%)13.31 
Total no of securities after change71,500,924
Date of notice18/04/2013

Remarks :
The total number of 71,500,924 shares are held as follows :-
1) 70,309,500 shares are registered in the name of Aberdeen Asset Management PLC and its subsidiaries.
2) 335,000 shares are registered in the name of KOKUSAI Asset Management Co., Ltd.
3) 508,924 shares are registered in the name of Morgan Stanley & Co. International plc.
4) 347,500 shares are registered in the name of AMP Capital Holdings Limited and its subsidiaries.

The Form 29B dated 18 April 2013 was received by the Company on 19 April 2013.


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

Announcement Type: General Announcement
Company NameHEITECH PADU BERHAD  
Stock Name HTPADU  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoHP-130419-63022

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDISPOSAL OF SHARES IN GRAND-FLO SOLUTION BHD.

Pursuant to Paragraphs 10.06 and 10.12 of Bursa Malaysia Main Market Listing Requirements (“LR”), HeiTech Padu Bhd (“the Company”) wishes to announce that it had disposed of a total of 50,740,000 shares in Grand-Flo Solution Berhad (“Grand-Flo”) via off-market, for a total cash consideration of RM11,012,800.

Subsequent to the Company’s Disposals of the Sale Shares, the Company will hold an aggregate of 4.15% equity shareholding in Grand-Flo’s total issued and paid-up share capital.

Kindly refer the details of the announcement in the attachment.



ARMADA - 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 NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced19 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBA-130419-B38BE

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 in Bumi Armada Berhad ("BAB Shares")
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd- Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (AMUNDI)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (RHB INV)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (AM INV)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (MAYBAN)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ALLIANCE)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ARIM)
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)
Acquired16/04/2013
500,000
 
Disposed16/04/2013
100,000
 

Circumstances by reason of which change has occurredAcquisition of 500,000 BAB Shares registered under Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (AMUNDI).
Disposal of 100,000 BAB Shares registered under Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (MAYBAN).
Nature of interestDirect
Direct (units)194,111,500 
Direct (%)6.62 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change194,111,500
Date of notice17/04/2013

Remarks :
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 17 April 2013 and received by the Company on 19 April 2013.

The registered holders of the 194,111,500 BAB Shares are as follows:

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
- in respect of 171,864,700 BAB Shares

2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (AMUNDI)
- in respect of 2,500,000 BAB Shares

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (RHB INV)
- in respect of 1,300,000 BAB Shares

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (AM INV)
- in respect of 7,316,800 BAB Shares

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (MAYBAN)
- in respect of 650,000 BAB Shares

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ALLIANCE)
- in respect of 1,500,000 BAB Shares

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)
- in respect of 7,580,000 BAB Shares

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ARIM)
- in respect of 1,400,000 BAB Shares


GAMUDA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameGAMUDA BERHAD  
Stock Name GAMUDA  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoGG-130419-62863

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionREQUEST FOR ARBITRATION BY BAHRAIN ASPHALT ESTABLISHMENT B.S.C. (CLOSED) (“BAE”)

We refer to our announcements of 9 March 2010 and 11 March 2010 in respect of the above matter.

Gamuda Berhad (“Gamuda” or “the Company”) wishes to announce that Gamuda, which is a party to the Gamuda-WCT Joint Venture, Qatar (“the JV”), had on 17 April 2013 received the final award of the Arbitral Tribunal pursuant to the International Chamber of Commerce Rules of Arbitration.

The Arbitral Tribunal has awarded BAE, and the JV shall pay to BAE the following:

(i) QAR 45,720,802 (approximately RM38,129,000) being the sum of QAR 55,671,142 less the sum of QAR 9,950,340 which the JV is entitled to in respect of its counter claim; and

(ii) QAR 17,104,710 (approximately RM14,264,000) as legal and other costs and USD 412,000 (approximately RM1,250,000) for arbitrators’ costs.

Gamuda has 51% interest in the JV. The impact on the earnings of Gamuda Group for the financial year ending 31 July 2013 is approximately RM27,358,000.

Meanwhile, the JV continues to pursue its claims with the Government of Qatar in respect of the main contract.

This announcement is dated 19 April 2013.



SHANG - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSHANGRI-LA HOTELS (MALAYSIA) BERHAD  
Stock Name SHANG  
Date Announced19 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSH-130419-63161

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC
Address10 Queen's Terrace
Aberdeen
AB10 1YG
Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder(1) Aberdeen Asset Management Asia Limited
21 Church Street #01-01
Capital Square Two
Singapore 049480

(2) Aberdeen Asset Management Sdn Bhd
Suite 1005, 10th Floor
Wisma Hamzah-Kwong Hing
No. 1, Leboh Ampang
50100 Kuala Lumpur

(3) Aberdeen International Fund Managers Limited
Rm 2605-06,
26/F Alexandra House
18 Chater Road
Central
Hong Kong

(4) Aberdeen Asset Management Inc.
103 Springer Building
3411 Silverside Road
Wilmington
Delaware 19810
USA

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/04/2013
287,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Sdn Bhd's ordinary business in fund management.


Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)51,431,600 
Indirect/deemed interest (%)11.69 
Total no of securities after change51,431,600
Date of notice19/04/2013


PETDAG - OTHERS PROPOSED ISSUANCE OF ISLAMIC COMMERCIAL PAPERS AND ISLAMIC MEDIUM TERM NOTES (COLLECTIVELY, “SUKUK MURABAHAH”) PURSUANT TO A SUKUK MURABAHAH PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE (“SUKUK PROGRAMME”)

Announcement Type: General Announcement
Company NamePETRONAS DAGANGAN BHD  
Stock Name PETDAG  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoPD-130419-62258

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED ISSUANCE OF ISLAMIC COMMERCIAL PAPERS AND ISLAMIC MEDIUM TERM NOTES (COLLECTIVELY, “SUKUK MURABAHAH”) PURSUANT TO A SUKUK MURABAHAH PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE (“SUKUK PROGRAMME”)

1. INTRODUCTION

PETRONAS Dagangan Berhad (“PDB” or the “Issuer”) is pleased to announce that it had on 19 April 2013 received the approval from the Securities Commission (“SC”) to establish a Sukuk Programme of up to RM2.0 billion in nominal value, pursuant to which Islamic commercial papers (“ICPs”) and Islamic medium term notes (“IMTNs”), may be issued from time to time.

CIMB Investment Bank Berhad and HSBC Amanah Malaysia Berhad are the Joint Principal Advisers, Joint Lead Arrangers and Joint Lead Managers for the Sukuk Programme. The Joint Shariah Advisers for the Sukuk Programme are CIMB Islamic Bank Berhad and HSBC Amanah Malaysia Berhad.

2. SUMMARY AND PURPOSE OF THE SUKUK PROGRAMME

The Sukuk Programme shall have a tenure of seven (7) years from the date of first issuance of the Sukuk Murabahah under the Sukuk Programme provided always that the first issuance shall be made within two (2) years from the date of the SC approval. The ICPs may be issued for tenures of one (1), two (2), three (3), six (6), nine (9) or twelve (12) months or any other period between one (1) and twelve (12) months, as the Issuer may select, provided that the ICPs mature prior to the expiry of the Sukuk Programme. The IMTNs may be issued for tenures of more than one (1) year and up to seven (7) years, as the Issuer may select, provided always that the IMTNs mature prior to the expiry of the Sukuk Programme.

The Sukuk Programme is unsecured and Malaysian Rating Corporation Berhad has assigned preliminary short-term and long-term ratings of MARC-1(IS) and AAA(IS) respectively with a stable outlook to the Sukuk Programme.

The profit rate will be based on a fixed rate and will be determined prior to the issuance of the Sukuk Murabahah in the case of Sukuk Murabahah with periodic profit payments.

Unless previously redeemed, purchased and cancelled, the relevant Sukuk Murabahah shall be redeemed by the Issuer at 100% of their respective nominal value on their respective maturity dates.

Proceeds from the issuance of the Sukuk Murabahah will be utilised to finance the Issuer’s capital expenditure, working capital and/or general corporate purposes which are Shariah-compliant and to finance the cost of establishment of the Sukuk Programme.

This announcement is dated 19 April 2013.



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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAXIS BERHAD  
Stock Name MAXIS  
Date Announced19 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMM-130419-1F6F9

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board ("EPF 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 RM0.10 each in Maxis Berhad ("Maxis Shares")
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
EPF Board
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
- in respect of the acquisition of 3,626,300 Maxis Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/04/2013
3,626,300
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)430,960,100 
Direct (%)5.75 
Indirect/deemed interest (units)44,365,600 
Indirect/deemed interest (%)0.59 
Total no of securities after change475,325,700
Date of notice17/04/2013

Remarks :
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 17 April 2013 and received by the Company on 19 April 2013.

The registered holders of the 475,325,700 Maxis Shares are as follows:-

Directly held
1. Citigroup Nominees (Tempatan) Sdn Bhd
EPF Board
- in respect of 430,960,100 Maxis Shares

Held through nominee
2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (AMUNDI)
- in respect of 2,634,800 Maxis Shares

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (RHB INV)
- in respect of 1,000,000 Maxis Shares

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (AM INV)
- in respect of 4,337,600 Maxis Shares

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ALLIANCE)
- in respect of 3,156,000 Maxis Shares

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)
- in respect of 18,120,900 Maxis Shares

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (CIMB PRI)
- in respect of 11,986,200 Maxis Shares

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ARIM)
- in respect of 1,300,000 Maxis Shares

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (TEMPLETON)
- in respect of 1,830,100 Maxis Shares


MAXIS - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad- Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAXIS BERHAD  
Stock Name MAXIS  
Date Announced19 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMM-130419-82C32

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad
- Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each in Maxis Berhad ("Maxis Shares")
Name & address of registered holderAmanahRaya Trustees Berhad
- Skim Amanah Saham Bumiputera
Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur
- in respect of the sale of 3,250,000 Maxis Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed16/04/2013
3,250,000
 

Circumstances by reason of which change has occurredSale of shares
Nature of interestDirect
Direct (units)509,253,900 
Direct (%)6.79 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change509,253,900
Date of notice16/04/2013

Remarks :
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 16 April 2013 and received by the Company on 19 April 2013.


PUNCAK - OTHERS PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") REVISION TO THE TERMS AND CONDITIONS OF PUNCAK NIAGA (M) SDN BHD’S (I) RM1,020,000,000 NOMINAL VALUE BAI BITHAMAN AJIL SECURED SERIAL PRIMARY BONDS (“BaIDs”), (II) RM435,000,000 NOMINAL VALUE REDEEMABLE UNSECURED BONDS (“RUB”) AND (III) RM546,875,000 NOMINAL VALUE REDEEMABLE UNSECURED COUPON BEARING NOTES (“JUNIOR NOTES A”) (“OUTSTANDING BONDS”)

Announcement Type: General Announcement
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoPN-130418-53877

TypeAnnouncement
SubjectOTHERS
DescriptionPUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")
REVISION TO THE TERMS AND CONDITIONS OF PUNCAK NIAGA (M) SDN BHD’S (I) RM1,020,000,000 NOMINAL VALUE BAI BITHAMAN AJIL SECURED SERIAL PRIMARY BONDS (“BaIDs”), (II) RM435,000,000 NOMINAL VALUE REDEEMABLE UNSECURED BONDS (“RUB”) AND (III) RM546,875,000 NOMINAL VALUE REDEEMABLE UNSECURED COUPON BEARING NOTES (“JUNIOR NOTES A”) (“OUTSTANDING BONDS”)

Reference is made to the Company’s earlier announcements dated 21 December 2005 and 29 December 2005, respectively, in respect of the Outstanding Bonds.

The Company wishes to inform the Exchange that its wholly owned subsidiary, Puncak Niaga (M) Sdn Bhd (“PNSB”) had on 19 April 2013, executed the following agreements with the following parties to effect revisions to the terms and conditions of the Outstanding Bonds:-

BaIDs

i) Third Supplemental Trust Deed between PNSB and PB Trustee Services Berhad;

ii) Asset Purchase Agreement between PNSB, PB Trustee Services Berhad and United Overseas Bank (Malaysia) Bhd;

iii) Asset Sale Agreement between PNSB, PB Trustee Services Berhad and United Overseas Bank (Malaysia) Berhad; and

iv) Deed of Reassignment and Discharge between PNSB and PB Trustee Services Berhad.

RUB

i) Supplemental Trust Deed between PNSB and OSK Trustees Berhad.

JNA

i) Supplemental Subscription Agreement between PNSB, CIMB Investment Bank Berhad and ACQUA SPV Berhad.

The following ancillary agreements in relation to the Outstanding Bonds were also executed on even date:

i) Deed of Assignment of Designated Accounts between PNSB and CIMB Investment Bank Berhad; and

ii) Priority and Security Sharing Agreement between PNSB, PB Trustee Services Berhad, OSK Trustee Berhad, CIMB Investment Bank Berhad and ACQUA SPV Berhad.

For full details of the announcement, please refer to the attached file.

This announcement is dated 19 April 2013.



No comments:

Post a Comment