June 26, 2013

Company announcements: AXIATA, Y&G, KOMARK, YKGI, BORNOIL, ATLAN, ASUPREM

AXIATA - 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 NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced26 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130626-2828C

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 RM1.00 each
Name & address of registered holder1) Employees Provident Fund Board ("EPF Board")
Ibu Pejabat KWSP, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur

2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board
3) Citigroup EPF Board (AMUNDI)
4) Citigroup EPF Board (KIB)
5) Citigroup EPF Board (HDBS)
6) Citigroup EPF Board (RHB INV)
7) Citigroup EPF Board (AM INV)
8) Citigroup EPF Board (MAYBAN)
9) Citigroup EPF Board (ALLIANCE)
10) Citigroup EPF Board (NOMURA)
11) Citigroup EPF Board (CIMB PRI)
12) Citigroup EPF Board (ARIM)
13) Citigroup EPF Board (TEMPLETON)
14) Citigroup EPF Board (ABERDEEN)
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)
Acquired21/06/2013
3,000,000
 
Disposed21/06/2013
500,000
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 3,000,000 shares
2. Citigroup EPF Board (NOMURA) - Disposal of 500,000 shares
Nature of interestDirect
Direct (units)1,031,463,806 
Direct (%)12.09 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,031,463,806
Date of notice24/06/2013

Remarks :
1) The total number of 1,031,463,806 ordinary shares comprised of the following:-

a) Citigroup EPF Board - 926,483,706
b) EPF Board - 3,332,900
c) Citigroup EPF Board (AMUNDI) - 4,120,250
d) Citigroup EPF Board (KIB) - 660,000
e) Citigroup EPF Board (HDBS) - 9,254,775
f) Citigroup EPF Board (RHB INV) - 3,000,000
g) Citigroup EPF Board (AM INV) - 12,272,650
h) Citigroup EPF Board (MAYBAN) - 2,635,000
i) Citigroup EPF Board (ALLIANCE) - 2,050,000
j) Citigroup EPF Board (NOMURA) - 38,396,300
k) Citigroup EPF Board (CIMB PRI) - 17,151,025
l) Citigroup EPF Board (ARIM) - 2,700,000
m) Citigroup EPF Board (TEMPLETON) - 4,007,200
n) Citigroup EPF Board (ABERDEEN) - 5,400,000

2) Form 29B received on 26 June 2013


Y&G - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameY&G CORPORATION BHD  
Stock Name Y&G    
Date Announced26 Jun 2013  
CategoryGeneral Announcement
Reference NoCC-130626-5193D

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionY&G CORPORATION BHD (“Y&G”) (formerly known as MERCES HOLDINGS BERHAD)
- Kuala Lumpur High Court Originating Summons No : 24NCVC-923-05/2013 (“the Case”)
ICP Marketing Sdn Bhd (“the Plaintiff”) Vs. Y&G (“the Defendant”)

Further to our announcement on 20 June 2013, the Board of Directors of Y&G wishes to announce that Y&G's Solicitors had on 25 June 2013 filed in its Affidavit in Reply dated 24 June 2013 and served it on the Plaintiff's Solicitors. The Plaintiff is required to file in their Affidavit in Reply on or before 9 July 2013.

The Court has fixed the above Originating Summons for the next Case Management on 24 July 2013, following which a hearing date will be fixed.

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

This announcement is dated 26 June 2013.



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

Announcement Type: General Announcement
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced26 Jun 2013  
CategoryGeneral Announcement
Reference NoMI-130626-35575

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionKOMARKCORP BERHAD ("KOMARK" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF KOMARK ("PROPOSED PRIVATE PLACEMENT")
Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcement in relation to the Proposed Private Placement.
We refer to the earlier announcement dated 24 June 2013 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of Komark, RHB Investment Bank Berhad wishes to announce that the application pursuant to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad on 26 June 2013.


This announcement is dated 26 June 2013.


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

Announcement Type: General Announcement
Company NameYKGI HOLDINGS BERHAD  
Stock Name YKGI  
Date Announced26 Jun 2013  
CategoryGeneral Announcement
Reference NoCC-130624-15990

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionSALE OF SHARE AGREEMENT
We refer to our announcements made on 16 May 2012, 4 October 2012 and 19 December 2012 in relation to the above subject.
YKGI Holdings Berhad (“YKGI” or “the Company”) wishes to announce that the proposed disposal of YKGI’s entire equity interest in Integrated Coil Coating Industries Sdn. Bhd. (“ICCI”) to Tecstun (M) Sdn. Bhd. was completed on 26 June 2013. Hence, ICCI has ceased as a subsidiary of YKGI with effect from 26 June 2013.

This announcement is dated 26 June 2013.


BORNOIL - OTHERS PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY

Announcement Type: General Announcement
Company NameBORNEO OIL BERHAD  
Stock Name BORNOIL  
Date Announced26 Jun 2013  
CategoryGeneral Announcement
Reference NoBO-130625-44005

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY

The Board of Directors of Borneo Oil Berhad ("the Company") wishes to inform that the Company intends to seek approval from its shareholders for the proposed renewal of authority for the Company to undertake the purchase of its own shares at the forthcoming 29th Annual General Meeting ("AGM") of the Company.

A Statement to shareholders in relation to the Proposed Renewal of Share Buy-Back Authority setting out the necessary details and information will be forwarded to the shareholders in due course together with the notice of the AGM.

This announcement is dated 26th June 2013 .







ATLAN - Quarterly rpt on consolidated results for the financial period ended 31/5/2013

Announcement Type: Financial Results
Company NameATLAN HOLDINGS BERHAD  
Stock Name ATLAN  
Date Announced26 Jun 2013  
CategoryFinancial Results
Reference NoCS-130626-5B762

Financial Year End28/02/2014
Quarter1
Quarterly report for the financial period ended31/05/2013
The figureshave not been audited

Attachments

Atlan 1Q14.pdf
28 KB

Atlan Notes 1Q14.pdf
140 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/05/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/05/2013
31/05/2012
31/05/2013
31/05/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
176,853
179,745
176,853
179,745
2Profit/(loss) before tax
198,483
18,971
198,483
18,971
3Profit/(loss) for the period
172,666
12,089
172,666
12,089
4Profit/(loss) attributable to ordinary equity holders of the parent
146,945
9,558
146,945
9,558
5Basic earnings/(loss) per share (Subunit)
57.93
3.78
57.93
3.78
6Proposed/Declared dividend per share (Subunit)
20.00
10.00
20.00
10.00


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 ($$)
1.9700
1.5900
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


ATLAN - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company NameATLAN HOLDINGS BERHAD  
Stock Name ATLAN  
Date Announced26 Jun 2013  
CategoryGeneral Announcement
Reference NoCS-130626-5B764

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionATLAN HOLDINGS BHD. (“AHB” or “the Company”)
- Public Shareholding Spread Requirement
Pursuant to paragraph 8.02 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Listing Requirements"), Atlan Holdings Bhd (“AHB” or “Company”) wishes to inform Bursa Malaysia Securities Berhad ("Bursa Securities") that the Company’s public shareholding spread as at 14 June 2013 were as follows:-
Number of Public Shareholders : 1,065
Percentage of public shareholding : 13.90%

Bursa Securities had via its letter dated 29 March 2013 granted the Company a further extension of time of six (6) months until 30 September 2013 to comply with the public shareholding spread requirement.

The Company will continue to monitor the level of public shareholding spread and consider any viable option available. The Company will make the requisite announcements in relation to the status of its efforts to comply with the public shareholding spread requirement in compliance with the Listing Requirements.

This announcement is dated 26 June 2013.


ATLAN - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameATLAN HOLDINGS BERHAD  
Stock Name ATLAN  
Date Announced26 Jun 2013  
CategoryChange in Boardroom
Reference NoCS-130626-5B763

Date of change26/06/2013
NameOng Bok Siong
Age54
NationalityMalaysian
Type of changeRedesignation
Previous PositionManaging Director
New PositionNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsBachelor of Laws Degree - University of London, United Kingdom
Bachelor of Science Degree (First Class Honours) in Building Economics and Quantity Surveying - Heriot-Watt University, Scotland, United Kingdom
Diploma in Building Technology - Tunku Abdul Rahman College  
Working experience and occupation Mr Ong Bok Siong started his career in the construction and property industry since 1983 and had involved in mega construction and property development projects. He was the Chief Executive Officer and Executive Director of Meda Inc. Berhad and Group Chief Executive Officer of Andaman Consolidated Sdn Bhd Group before joining Atlan Holdings Bhd. Group. 
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 


ASUPREM - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameASTRAL SUPREME BERHAD  
Stock Name ASUPREM  
Date Announced26 Jun 2013  
CategoryChange in Audit Committee
Reference NoCS-130626-26D40

Date of change26/06/2013
NameWee Tiew Toon
Age70
NationalityMalaysian
Type of changeRetirement
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsDegree in Bachelor of Arts from the National University of Singapore and law degree from Grey's Inn, London. In 1974, he was called to the English Bar and Malaysian Bar. 
Working experience and occupation Founded Messrs. Kamarudin Wee & Co., a legal firm in 1978 and over the past 34 years, Mr. Wee has been substantially exposed to conveyancing, commercial and corporate branches of law. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)Mr. Siew Boon Yeong (Chairman)
Mr. Yap Chi Keong (Member)
Encik Edlin Bin Ghazaly (Member)


ASUPREM - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameASTRAL SUPREME BERHAD  
Stock Name ASUPREM  
Date Announced26 Jun 2013  
CategoryChange in Boardroom
Reference NoCS-130626-26D3D

Date of change26/06/2013
NameEdlin Bin Ghazaly
Age48
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsHe obtained a Law Degree from the International Islamic University Malaysia in 1989. 
Working experience and occupation Upon graduation from International Islamic University Malaysia in 1989, he chambered at Messrs Paul Chong & Kraal and was admitted to the Malaysian Bar in 1990. He continued his career in the same Firm as a legal assistant and was made a partner in 1992. He remained on board until 1994 when he left to established his own practice until today. He has been in legal profession for about 23 years. His expertise lies in the law relating to Hire Purchase, Banking and Corporate, IT-related and Islamic Loan documentations and Joint Ventures. He now takes on mainly advisory function, counseling companies on their corporate maneuvers and strategic moves, locally and in cross-border negotiations. He also familiar in real estate transactions in private and commercial deals. 
Directorship of public companies (if any)Scomi Engineering Bhd 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


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