July 19, 2013

Company announcements: FURNWEB, TOYOINK, EKOVEST, TSH, MAXTRAL, RCECAP

FURNWEB - Changes in Director's Interest (S135) - LEE SIM HAK

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced19 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130719-5EA29

Information Compiled By KLSE

Particulars of Director

NameLEE SIM HAK
Address1 JALAN LAGENDA 24, TAMAN LAGENDA MAS, BATU 8 1/4 JALAN CHERAS, 43200 KAJANG, SELANGOR DARUL EHSAN
Descriptions(Class & nominal value)ORDINARY SHARES OF RM 0.50 EACH

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
17/07/2013
500,000
0.720 
Disposed
18/07/2013
100,000
0.715 
Disposed
18/07/2013
1,000,000
0.720 

Circumstances by reason of which change has occurredDISPOSAL OF 1,600,000 SHARES (%:1.77) IN OPEN MARKET
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)3,966,426 
Direct (%)4.38 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice19/07/2013

Remarks :
This announcement also serves to comply with Paragraph 14.09(a) of the Main Market Listing Requirements ("MMLR") for dealings outside closed periods in addition to Paragraph 9.19(18) of MMLR.


FURNWEB - Notice of Person Ceasing (29C) - LEE SIM HAK

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced19 Jul 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-130719-5D1DF

Particulars of substantial Securities Holder

NameLEE SIM HAK
Address1 JALAN LAGENDA 24, TAMAN LAGENDA MAS, BATU 8 1/4 JALAN CHERAS, 43200 KAJANG, SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.531227-08-5997
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Date of cessation18/07/2013
Name & address of registered holderLEE SIM HAK
1 JALAN LAGENDA 24, TAMAN LAGENDA MAS, BATU 8 1/4 JALAN CHERAS, 43200 KAJANG, SELANGOR DARUL EHSAN
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed1,600,000 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderDISPOSAL OF SHARES IN OPEN MARKET
Nature of interestDIRECT
Date of notice19/07/2013

Remarks :
The Form 29C dated 19 July 2013 was received by the Company Secretary at the registered office of the Company on 19 July 2013.


TOYOINK - Changes in Director's Interest (S135) - Lim Guan Lee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced19 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-130718-61122

Information Compiled By KLSE

Particulars of Director

NameLim Guan Lee
AddressNo. 2, Jalan Senandong, Singapore 288754.
Descriptions(Class & nominal value)Ordinary shares @ RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
16/07/2013
74,000
 

Circumstances by reason of which change has occurredInterested by virtue of his substantial interest in Lim Keenly Holdings Pte. Ltd. pursuant to Section 6A of the Companies Act 1965:-
- acquisition of shares through open market
Nature of interestIndirect Interest
Consideration (if any)RM0.77 per share 

Total no of securities after change

Direct (units)11,448,204 
Direct (%)10.7 
Indirect/deemed interest (units)74,000 
Indirect/deemed interest (%)0.07 
Date of notice19/07/2013


TOYOINK - Changes in Sub. S-hldr's Int. (29B) - Lim Guan Lee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced19 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-130718-61196

Particulars of substantial Securities Holder

NameLim Guan Lee
AddressNo. 2, Jalan Senandong, Singapore 288754
NRIC/Passport No/Company No.S0227835-I
Nationality/Country of incorporationSingaporean
Descriptions (Class & nominal value)Ordinary shares @ RM1.00 each
Name & address of registered holderLim Keenly Investment Pte. Ltd.
63, Joo Koon Circle, Singapore 629076

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/07/2013
74,000
 

Circumstances by reason of which change has occurredInterested by virtue of his substantial interest in Lim Keenly Holdings Pte. Ltd. pursuant to Section 6A of the Companies Act 1965:-
- acquisition of shares through open market
Nature of interestIndirect Interest
Direct (units)11,448,204 
Direct (%)10.7 
Indirect/deemed interest (units)74,000 
Indirect/deemed interest (%)0.07 
Total no of securities after change11,522,204
Date of notice19/07/2013


TOYOINK - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced19 Jul 2013  
CategoryGeneral Announcement
Reference NoCS-130719-AEE2E

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTOYO INK GROUP BERHAD (“TIGB” OR “COMPANY”)
ORIGINATING SUMMONS NO. 24NCC-14-01/2013
EXPO HOLDINGS SDN. BHD. & 4 OTHERS AGAINST TIGB

The terms used herein shall, unless context otherwise stated, bear the same meaning as those defined in the announcement dated 15 January 2013.

We refer to the announcements dated 15 January 2013, 16 January 2013, 21 January 2013, 22 January 2013, 7 May 2013 and 30 May 2013 on the above pertaining to the Originating Summons and Interim Injunction Order that were served on the Company on 15 January 2013.

The Company wishes to announce that the Court has on 19 July 2013 dismissed the Plaintiffs' case with costs of RM80,000.00.

This announcement is dated 19 July 2013.

c.c.: Securities Commission Malaysia



EKOVEST - Changes in Director's Interest (S135) - Tan Sri Dato' Lim Kang Hoo

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced19 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoEE-130719-62623

Information Compiled By KLSE

Particulars of Director

NameTan Sri Dato' Lim Kang Hoo
Address7, Jalan Titiwangsa
Setapak
53200 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
17/07/2013
6,225,681
 

Circumstances by reason of which change has occurredPrivate Arrangement
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)61,672,175 
Direct (%)20.19 
Indirect/deemed interest (units)37,250,000 
Indirect/deemed interest (%)12.19 
Date of notice19/07/2013


EKOVEST - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dato' Lim Kang Hoo

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced19 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoEE-130715-39252

Particulars of substantial Securities Holder

NameTan Sri Dato' Lim Kang Hoo
Address7, Jalan Titiwangsa
Setapak
53200 Kuala Lumpur
NRIC/Passport No/Company No.550723-10-6017
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderTan Sri Dato' Lim Kang Hoo
7, Jalan Titiwangsa
Setapak
53200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired17/07/2013
6,225,681
 

Circumstances by reason of which change has occurredPrivate Arrangement
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change61,672,175
Date of notice19/07/2013


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

Announcement Type: General Announcement
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced19 Jul 2013  
CategoryGeneral Announcement
Reference NoMB-130719-29786

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionTSH RESOURCES BERHAD (“TSH” OR “COMPANY”)

PRIVATE PLACEMENT OF 20,860,000 NEW ORDINARY SHARES OF RM0.50 EACH IN TSH (“TSH SHARES”) REPRESENTING APPROXIMATELY 2.5% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY (“PRIVATE PLACEMENT”)
Reference is made to the Company’s announcement dated 8 July 2013 (“First Announcement”), 9 July 2013, 15 July 2013 and 18 July 2013 in relation to the Private Placement.

On behalf of the Board of Directors of TSH, AmInvestment Bank Berhad wishes to announce that the Private Placement has been completed on even date with the listing of 20,860,000 TSH Shares on the Main Market of Bursa Malaysia Securities Berhad.


This announcement is dated 19 July 2013.


MAXTRAL - REPLY TO LETTER OF QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") IN RESPECT OF DISPOSAL OF LAND HELD UNDER PN36381, LOT 189, SECTION 44 DISTRICT OF KUALA LUMPUR ("PROPERTY") BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF STEADMONT DEVELOPMENT SDN BHD (RECEIVERS AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)

Announcement Type: General Announcement
Company NameMAXTRAL INDUSTRY BERHAD  
Stock Name MAXTRAL  
Date Announced19 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130719-54939

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDZO-130718-55144
SubjectREPLY TO LETTER OF QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") IN RESPECT OF DISPOSAL OF LAND HELD UNDER PN36381, LOT 189, SECTION 44 DISTRICT OF KUALA LUMPUR ("PROPERTY") BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF STEADMONT DEVELOPMENT SDN BHD (RECEIVERS AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)
DescriptionIn response to Bursa Securities' query on 18 July 2013, the Board of Directors of Maxtral Industry Berhad ("MIB" or "the Company") hereby furnish the additional information as folows:
Query Letter Contents We refer to your Company's announcement dated 16 July 2013 in respect of the
above matter.

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

1. The basis of arriving at the disposal consideration, other than on a
"willing buyer willing seller" basis. If it was based on net assets, the year
the net assets were taken into consideration, quantifying the net assets and
stating whether it was based on audited financial statements.
2 .The justification for the disposal consideration.
3. The net book value of the Property based on the latest audited accounts.
4. A brief description of the Property.
5. Name of directors and substantial shareholders of Suriamas Lumayan Sdn Bhd
("SLSB") and their respective shareholdings in SLSB.
6. The rationale for the disposal.
7. The effect of the Disposal on the net asset per share of Maxtral.
8. The existing use of the Property. If currently let out, the details of the
rentals and the rental income per month. If the Property to be disposed is
currently used as a factory, the effect of the disposal on the operations.
9. The approximate age of the buildings on the Property, if any.
10. The terms of the tenure; if leasehold, the expiry date of the lease.
11. Whether any valuation was carried out on the Property; if so, the name of
the independent registered valuer, date and method of valuation and
quantification of the market value.
12. The salient features of the valuation report, if any, and the time and
place where the document may be inspected.

Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully

SUZALINA HARUN
Head, Issuers
Listing Division
Regulation
WCY / ZOOS
copy to:- General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)

1. The basis of arriving at the disposal consideration, other than on a "willing buyer willing seller" basis. If it was based on net assets, the year the net assets were taken into consideration quantifying the net assets and stating whether it was based on audited financial statements.

The disposal consideration is derived from the highest offer received by the Receivers and Managers of Steadmont Development Sdn Bhd via sale by tenders.

2. The justification for the disposal consideration.

The highest offer received is higher than the market value based on the valuation report prepared by Messrs Rahim & Co, please refer to item 11 below.

3. The net book value of the property based on the latest audited accounts.

The net book value of the Property based on the Audited Financial Statements as at 31 December 2012 is RM9,659,288 (Ringgit Malaysia Nine Million Six Hundred Fifty Nine Thousand Two Hundred and Eighty Eight Only).

4. A brief description of the Property.

The Property, which held under Title No. PN36381 (formerly held under HSD110744) Lot 189, Section 44, District of Kuala Lumpur measuring approximately 2,377 square meters, is plot of vacant development land located fronting onto Lorong Yap Kwan Seng, Kuala Lumpur. It is located within the local authority area of Kuala Lumpur City Hall and near to the Kuala Lumpur City Center.

5. Name of Directors and substantial shareholders of Suriamas Lumayan Sdn Bhd ("SLSB") and their respective shareholdings in SLSB.

The name of Directors and substantial shareholders are as follow:


DESIGNATION

SHAREHOLDINGS
Lim Aik Hoe
Director/Shareholder
34,000
Lim Aik Kiat
Director/Shareholder
33,000
Lim Tau Fong
Shareholder
33,000

6. The rationale for the disposal.

The disposal of the Property was executed by the Receivers and Managers appointed by OSK Investment Bank Berhad over the Property charged under Debenture.

7. The effect of the Disposal on the Net Asset per Share of Maxtral.

After the disposal of the Property, the Net Asset per Share of Maxtral is expected to decrease from RM0.15 per share to RM0.10 per share.

8. The existing use of the Property. If currently let out, the details of the rentals and the rental income per month. If the Property to be disposed is currently used as a factory, the effect of the disposal on the operations.

The Property is currently rented to Urban Diversity Sdn Bhd for monthly rental amounting to RM7,000.00 (Ringgit Malaysia Seven Thousand Only) since 6th September 2010 for the utilisation as a temporary car park.

9. The approximate age of the buildings on the Property, if any.

None.

10. The terms of the tenure; if leasehold, the expiry date of the lease.

The property is a leasehold land for tenure of 99 Years expiring on 30th March 2104.

11. Whether any valuation was carried out on the Property; if so, the name of the independent registered valuer, date and method of valuation and quantification on the market value.

The information pertaining to the valuation is as follow:

Registered Valuer
:
Messrs Rahim & Co
Date of Valuation
:
9th January 2013
Method of Valuation
:
Comparison Method
Quantification of Market Value
:
RM30.7 Million (Ringgit Malaysia Thirty Million and Seven Hundred Thousand Only)

12. The salient features of the valuation report, if any, and the time and place where the document may be inspected.

A copy of the valuation report is available for inspection at the Receivers and Managers' Registered Office at BDO Consulting Sdn Bhd, 12th Floor, Menara Uni. Asia 1008, Jalan Sultan Ismail, 50250 Kuala Lumpur during the normal business hours from Monday to Friday (except public holidays).








RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced19 Jul 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-130719-1E027

Date of buy back19/07/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)110,000
Minimum price paid for each share purchased ($$)0.275
Maximum price paid for each share purchased ($$)0.280
Total consideration paid ($$)30,874.50
Number of shares purchased retained in treasury (units)110,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)1,089,400
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 (%)0.09


No comments:

Post a Comment