May 16, 2013

Company announcements: JOHOTIN, THHEAVY, WELLCAL, DIALOG, HEXAGON, EPMB, MAHSING

JOHOTIN - Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameJOHORE TIN BERHAD  
Stock Name JOHOTIN  
Date Announced16 May 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoCJ-130503-39784

EX-date03/07/2013
Entitlement date05/07/2013
Entitlement time05:00:00 PM
Entitlement subjectFinal Dividend
Entitlement descriptionSingle Tier Final Dividend of 4.2%
Period of interest payment to
Financial Year End31/12/2012
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn. Bhd.
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No.: 03-22643883
Payment date 29/07/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers05/07/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorPercentage
Entitlement in percentage (%)4.2

Remarks :
This announcement is dated 16 May 2013.


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

Announcement Type: General Announcement
Company NameTH HEAVY ENGINEERING BERHAD  
Stock Name THHEAVY  
Date Announced16 May 2013  
CategoryGeneral Announcement
Reference NoMB-130516-51540

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionTH HEAVY ENGINEERING BERHAD (“THHE” or “Company”)

PROPOSED PRIVATE PLACEMENT OF UP TO 92,797,000 NEW ORDINARY SHARES OF RM0.25 EACH IN THE COMPANY (“PLACEMENT SHARES”) REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF THHE (“PROPOSED PRIVATE PLACEMENT”)
Reference is made to the Company’s announcement dated 6 May 2013, 7 May 2013 and 9 May 2013 in relation to the Proposed Private Placement.
On behalf of the Board of Directors of THHE, AmInvestment Bank Berhad (“AmInvestment Bank “) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 15 May 2013, approved the application in relation to the listing of and quotation for up to 92,797,000 new ordinary shares of RM0.25 each in THHE, representing approximately ten percent (10%) of the issued and paid-up share capital of THHE to be issued pursuant to the Proposed Private Placement, on the Main Market of Bursa Securities subject to the following conditions:-

(i) THHE and AmInvestment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements (“Main LR”) pertaining to the implementation of the Proposed Private Placement;
    (ii) THHE and AmInvestment Bank are to inform Bursa Securities upon completion of the Proposed Private Placement;
      (iii) THHE is to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed;
        (iv) If relevant, THHE to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at the annual general meeting (to be held on 3 June 2013) for the authority to issue shares pursuant to Section 132D of the Companies Act, 1965 before the listing of the new shares to be issued pursuant to the Proposed Private Placement; and
          (v) AmInvestment Bank must submit to the Bursa Securties the placee’s details in accordance with Paragraph 6.15 of the Main LR as soon as practicable after each tranche of placement and before the listing of new shares to be issued pursuant to the Proposed Private Placement.

          This announcement is dated 16 May 2013.


          WELLCAL - Quarterly rpt on consolidated results for the financial period ended 31/3/2013

          Announcement Type: Financial Results
          Company NameWELLCALL HOLDINGS BERHAD  
          Stock Name WELLCAL  
          Date Announced16 May 2013  
          CategoryFinancial Results
          Reference NoC&-130514-51883

          Financial Year End30/09/2013
          Quarter2
          Quarterly report for the financial period ended31/03/2013
          The figureshave not been audited
          • Default Currency
          • Other Currency

          Currency: Malaysian Ringgit (MYR)

          SUMMARY OF KEY FINANCIAL INFORMATION
          31/03/2013

           
          INDIVIDUAL PERIOD
          CUMULATIVE PERIOD
          CURRENT YEAR QUARTER
          PRECEDING YEAR
          CORRESPONDING
          QUARTER
          CURRENT YEAR TO DATE
          PRECEDING YEAR
          CORRESPONDING
          PERIOD
          31/03/2013
          31/03/2012
          31/03/2013
          31/03/2012
          $$'000
          $$'000
          $$'000
          $$'000
          1Revenue
          30,563
          37,343
          62,296
          78,697
          2Profit/(loss) before tax
          6,559
          7,137
          13,565
          14,984
          3Profit/(loss) for the period
          4,937
          5,516
          10,147
          11,230
          4Profit/(loss) attributable to ordinary equity holders of the parent
          4,937
          5,516
          10,147
          11,230
          5Basic earnings/(loss) per share (Subunit)
          3.72
          4.17
          7.65
          8.48
          6Proposed/Declared dividend per share (Subunit)
          4.00
          4.00
          8.00
          8.00


          AS AT END OF CURRENT QUARTER
          AS AT PRECEDING FINANCIAL YEAR END
          7
          Net assets per share attributable to ordinary equity holders of the parent ($$)
          0.6070
          0.6110
          Definition of Subunit:

          In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
          Example for the subunit as follows:

          CountryBase UnitSubunit
          MalaysiaRinggitSen
          United StatesDollarCent
          United KingdomPoundPence


          WELLCAL - Second interim dividend

          Announcement Type: Entitlements (Notice of Book Closure)
          Company NameWELLCALL HOLDINGS BERHAD  
          Stock Name WELLCAL  
          Date Announced16 May 2013  
          CategoryEntitlements (Notice of Book Closure)
          Reference NoC&-130513-43427

          EX-date03/06/2013
          Entitlement date05/06/2013
          Entitlement time04:00:00 PM
          Entitlement subjectSecond interim dividend
          Entitlement descriptionSecond Interim Single Tier Dividend of 4.0 sen per share in respect of the financial year ending 30 September 2013
          Period of interest payment to
          Financial Year End30/09/2013
          Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
          Registrar's name ,address, telephone noSYMPHONY SHARE REGISTRARS SDN BHD
          LEVEL 6, SYMPHONY HOUSE
          BLOCK D13, PUSAT DAGANGAN DANA 1
          JALAN PJU 1A/46
          47301 PETALING JAYA
          SELANGOR
          Payment date 26/06/2013
          a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers05/06/2013 
          b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
          c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
          Number of new shares/securities issued (units) (If applicable) 
          Entitlement indicatorCurrency
          CurrencyMalaysian Ringgit (MYR)
          Entitlement in Currency0.04


          WELLCAL - OTHERS DECLARATION OF SECOND INTERIM SINGLE TIER DIVIDEND

          Announcement Type: General Announcement
          Company NameWELLCALL HOLDINGS BERHAD  
          Stock Name WELLCAL  
          Date Announced16 May 2013  
          CategoryGeneral Announcement
          Reference NoC&-130513-43023

          TypeAnnouncement
          SubjectOTHERS
          DescriptionDECLARATION OF SECOND INTERIM SINGLE TIER DIVIDEND

          The Board of Directors of WELLCALL HOLDINGS BERHAD is pleased to announce that a Second Interim Single Tier Dividend of 4.0 sen per share has been declared in respect of the financial year ending 30 September 2013 to be payable on 26 June 2013 to Depositors registered in the Records of Depositors at the closure of business on 5 June 2013.


          This announcement is dated 16 May 2013.


          DIALOG - 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 NameDIALOG GROUP BERHAD  
          Stock Name DIALOG  
          Date Announced16 May 2013  
          CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
          Reference NoDG-130516-58115

          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 RM0.10 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)
          Disposed13/05/2013
          1,600,000
           
          Acquired13/05/2013
          400,000
           

          Circumstances by reason of which change has occurredPurchase and Disposal of shares
          Nature of interestDirect
          Direct (units)373,176,635 
          Direct (%)15.53 
          Indirect/deemed interest (units) 
          Indirect/deemed interest (%) 
          Total no of securities after change373,176,635
          Date of notice16/05/2013

          Remarks :
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 630,000 shares) - 319,706,694 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 2,535,054 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) (Acquired 400,000 shares) - 13,475,500 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 5,451,067 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 8,485,000 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 13,517,920 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) (Disposed 870,000 shares) - 4,850,000 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 2,455,400 shares
          Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) (Disposed 100,000 shares) - 2,700,000 shares

          Total No. of shares - 373,176,635 shares


          HEXAGON - MATERIAL LITIGATION

          Announcement Type: General Announcement
          Company NameHEXAGON HOLDINGS BHD  
          Stock Name HEXAGON  
          Date Announced16 May 2013  
          CategoryGeneral Announcement
          Reference NoCM-130516-43495

          TypeAnnouncement
          SubjectMATERIAL LITIGATION
          DescriptionHEXAGON HOLDINGS BERHAD (“HHB” or “the Company”) Letter of Demand (“Demand”) By Malayan Banking Berhad (“MBB”)

          The Board of Directors of HHB wishes to announce that, a Letter of Demand (“Demand”) dated 15 May 2013 had been served on the Company by Messrs Rahmat Lim & Partners acting for Malayan Banking Berhad (“MBB”) demanding payment of a sum of RM40,599,049.06 (as at 30 April 2013) with the continuing interest at the interest rate of BLR + 2.50% per annum (inclusive of the 1% per annum default interest).

          HHB have executed the following corporate guarantee in favour of MBB for Hexagon Tower Sdn Bhd (“In liquidation”), which is the wholly owned subsidiary company of HHB prior to its liquidation (“HTSB”):-

          (a) Corporate Guarantee dated 17 December 1997;

          (b) Corporate Guarantee dated 28 January 1997;

          (c) Corporate Guarantee dated 10 July 1997

          (d) Corporate Guarantee dated 26 June 2001;

          (e) Corporate Guarantee dated 3 January 2006; and

          (f) Corporate Guarantee dated 9 October 2009.

          The reason leading to the Demand was due to the delay by HTSB in the repayment of the outstanding amounts due and owing under the various banking facilities granted by MBB and HHB have provided guarantees and would need to repay on demand all moneys which now are or during the operation of the corporate guarantees to be due and owing by HTSB.

          HHB is given seven (7) days from the receipt of the Demand to pay the aforesaid sum, failing which, further actions that deemed necessary may be taken against HHB.

          HHB is in the midst of seeking legal advice to defend against the aforesaid Demand. If the Demand would subsequent crystallize, the potential liabilities would have financial and operation impact to the Company.

          Further announcement on the material development of the above matter will be made in due course.

          This announcement is dated 16 May 2013.



          EPMB - EP MANUFACTURING BHD ("EPMB" OR "THE COMPANY") - RENEWABLE ENERGY PROJECT

          Announcement Type: General Announcement
          Company NameEP MANUFACTURING BHD  
          Stock Name EPMB  
          Date Announced16 May 2013  
          CategoryGeneral Announcement
          Reference NoEM-130516-56573

          TypeReply to query
          Reply to Bursa Malaysia's Query Letter - Reference IDTE-130515-38813
          SubjectEP MANUFACTURING BHD ("EPMB" OR "THE COMPANY")
          - RENEWABLE ENERGY PROJECT
          DescriptionFurther to our announcement dated 14 May 2013 in relation to the Renewable Energy Project, kindly refer to the attached letter for the additional information for the said project.
          Query Letter Contents We refer to the Company's announcement dated 14 May 2013, in respect of the
          aforesaid matter.

          In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
          Securities") with the following additional information for public release:-

          1. The existing principle activities of Peps-JV (M) Sdn Bhd ("Peps-JV") and
          whether the undertaking of renewable energy project and the supply of renewable
          energy to TNB will signify the diversification in operations pursuant to
          paragraph 10.13 of the Main Market Listing Requirements.
          2. The rationale for venturing into the renewable energy business.
          3. Total capital commitment required for the renewable energy project and the
          source of funds.
          4. Whether the Company has the capability, experiences and resources to
          undertake the renewable energy project. If so, please substantiate it with the
          key management involved and their work experience.
          5. Background information on the Feed-In Tariff program by SEDA.
          6. Whether any condition is imposed by SEDA on Peps-JV for the supply of
          renewable energy to TNB.
          7. Salient terms of the Renewable Energy Power Purchase Agreement ("REPPA")
          dated 23 July 2012, including the conditions imposed on Peps-JV, if any. To
          also make the REPPA available for inspection.
          8. Whether the REPPA is renewable beyond 21 years.
          9. The prospects of the solar power industry in Malaysia.
          10. The risks factor of solar power business, including but not limited to,
          business risks, competition risk, financial risk etc and its mitigating factors.
          11. Whether the undertaking of renewable energy project is subject to the
          shareholder approval and the relevant government authorities (other than SEDA)
          and the estimated time frame for submission of the application to the relevant
          authorities.
          12. A statement whether the directors and/or major shareholders and/or persons
          connected with a director or major shareholder have any interest, direct or
          indirect, in the renewable energy project and the nature and extent of their
          interests.




          Page 2/-


          13. A statement by the Board of Directors, excluding interested directors, if
          any, stating whether the undertaking of renewable energy project is in the best
          interests of the Company, and where a director disagrees with such statement, a
          statement by the director setting out the reasons and the factors taken into
          consideration in forming that opinion.

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


          Yours faithfully



          HENG TECK HENG
          Head, Issuers
          Listing Division
          Regulation
          IJ/TEK
          c.c:- General Manager and Head, Market Surveillance, Securities Commission
          (via fax)

          Attachments

          Reply to Bursa.pdf
          84 KB



          EPMB - Notice of Shares Buy Back - Immediate Announcement

          Announcement Type: Notice of Shares Buy Back - Immediate Announcement
          Company NameEP MANUFACTURING BHD  
          Stock Name EPMB  
          Date Announced16 May 2013  
          CategoryNotice of Shares Buy Back - Immediate Announcement
          Reference NoEM-130516-62139

          Date of buy back16/05/2013
          Description of shares purchasedOrdinary shares of RM1.00 each
          CurrencyMalaysian Ringgit (MYR)
          Total number of shares purchased (units)20,000
          Minimum price paid for each share purchased ($$)0.770
          Maximum price paid for each share purchased ($$)0.830
          Total consideration paid ($$)15,714.28
          Number of shares purchased retained in treasury (units)20,000
          Number of shares purchased which are proposed to be cancelled (units)0
          Cumulative net outstanding treasury shares as at to-date (units)6,666,700
          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 (%)4.02


          MAHSING - MAHSING-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

          Announcement Type: Listing Circular
          Company NameMAH SING GROUP BERHAD  
          Stock Name MAHSING  
          Date Announced16 May 2013  
          CategoryListing Circular
          Reference NoNE-130516-56766

          LISTING'S CIRCULAR NO. L/Q : 67791 OF 2013

          Kindly be advised that the abovementioned Company’s additional 1,827,489 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 20 May 2013.


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