July 24, 2013

Company announcements: MQTECH, HHHCORP, MYETFDJ, SYMLIFE, CCB, IJM, PANAMY

MQTECH - Changes in Sub. S-hldr's Int. (29B) - CHATAR SINGH A/L SANTA SINGH

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced24 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130724-C9225

Particulars of substantial Securities Holder

NameCHATAR SINGH A/L SANTA SINGH
Address54-8-14 The Reef, Jalan Low Yat, 11100 Batu Ferringhi, Pulau Pinang
NRIC/Passport No/Company No.520715-02-5121
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderCHATAR SINGH A/L SANTA SINGH of 54-8-14 The Reef, Jalan Low Yat, 11100 Batu Ferringhi, Pulau Pinang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired22/07/2013
24,206,240
 

Circumstances by reason of which change has occurredOff market purchase
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change65,981,406
Date of notice23/07/2013


HHHCORP - Changes in Sub. S-hldr's Int. (29B) - Chan Ban Hin

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHIAP HUAT HOLDINGS BERHAD (ACE Market) 
Stock Name HHHCORP  
Date Announced24 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130724-F2064

Particulars of substantial Securities Holder

NameChan Ban Hin
AddressA 10-03 Casa Magna Apartment
No. 2, Jalan Prima 10
Metro Prima Kepong
52100 Kuala Lumpur
NRIC/Passport No/Company No.540615-71-5043
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderChan Ban Hin
A 10-03 Casa Magna Apartment
No. 2, Jalan Prima 10
Metro Prima Kepong
52100 Kuala Lumpur

Soo Kit Lin
No. 28 Jalan Daun Inai 14
Sunway SPK Kepong
52200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired08/07/2013
300,000
0.135 
Acquired09/07/2013
117,000
0.135 
Acquired10/07/2013
700,000
0.135 
Acquired11/07/2013
250,000
0.135 

Circumstances by reason of which change has occurredPurchased of shares via open market transactions
Nature of interestDirect
Direct (units)63,922,310 
Direct (%)19.18 
Indirect/deemed interest (units)69,405,460 
Indirect/deemed interest (%)20.82 
Total no of securities after change133,327,770
Date of notice24/07/2013


MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced24 Jul 2013  
CategoryGeneral Announcement
Reference NoMD-130724-55651

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 24-07-2013
Fund:MYETFDJ
NAV per unit (RM):1.1717
Units in Circulation (units):256,700,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index:1,040.10

Attachments

Daily Fund Values240713.pdf
56 KB



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

Announcement Type: General Announcement
Company NameSYMPHONY LIFE BERHAD  
Stock Name SYMLIFE  
Date Announced24 Jul 2013  
CategoryGeneral Announcement
Reference NoSL-130722-88F0A

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED JOINT DEVELOPMENT BETWEEN SYMPHONY ESTATES SDN. BHD. (FORMERLY KNOWN AS BOLTON LAND SDN. BHD.) ["SESB"], A WHOLLY-OWNED SUBSIDIARY OF SYMPHONY LIFE BERHAD (FORMERLY KNOWN AS BOLTON BERHAD) AND PARAMOUNT BLOSSOM SDN. BHD. ("PBSB") OF TWO (2) PIECES OF LAND IN SEREMBAN, NEGERI SEMBILAN ("PROPOSED DEVELOPMENT"), VIA A JOINT VENTURE COMPANY, GAYA ARENA SDN. BHD. ("GASB").

Further to our announcement made on 25 January 2013 in relation to the Proposed Development, the Board of Directors wishes to announce that GASB has agreed to grant an extension of six (6) months from 24 July 2013, for PBSB to fulfill the conditions precedent as stated in the Development Agreement ("DA") dated 25 January 2013. All other terms and conditions in the DA shall remain in full force and effect.

This announcement is dated 24 July 2013.



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

Announcement Type: General Announcement
Company NameSYMPHONY LIFE BERHAD  
Stock Name SYMLIFE  
Date Announced24 Jul 2013  
CategoryGeneral Announcement
Reference NoSL-130722-83E22

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED ACQUISITION BY SYMPHONY ESTATES SDN. BHD. (FORMERLY KNOWN AS BOLTON LAND SDN. BHD.) [“SESB”], A WHOLLY-OWNED SUBSIDIARY OF SYMPHONY LIFE BERHAD (FORMERLY KNOWN AS BOLTON BERHAD) OF 1,000 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SENI BULUH SDN. BHD. FROM SYED AZMIN BIN MOHD NURSIN @ SYED NOR AND MUHAMAD NAJMI BIN MOHD ARIS (“THE VENDORS”) [“PROPOSED ACQUISITION”]

Further to our announcements made on 25 October 2012, 23 January 2013 and 26 April 2013 in relation to the Proposed Acquisition, the Board of Directors wishes to announce that SESB has agreed to grant an extension of three (3) months from 25 July 2013, for the Vendors to fulfill the conditions precedent as stated in the Conditional Share Sale Agreement ("SSA") dated 25 October 2012. All other terms and conditions in the SSA shall remain in full force and effect.

This announcement is dated 24 July 2013.



CCB - OTHERS AMENDMENTS TO THE JOINT VENTURE AGREEMENT BETWEEN CYCLE & CARRIAGE BINTANG BERHAD AND DAIMLER AG

Announcement Type: General Announcement
Company NameCYCLE & CARRIAGE BINTANG BERHAD  
Stock Name CCB  
Date Announced24 Jul 2013  
CategoryGeneral Announcement
Reference NoC&-130724-63257

TypeAnnouncement
SubjectOTHERS
DescriptionAMENDMENTS TO THE JOINT VENTURE AGREEMENT BETWEEN CYCLE & CARRIAGE BINTANG BERHAD AND DAIMLER AG

Introduction

Cycle & Carriage Bintang Berhad (the “Company”) and Daimler AG (“Daimler”) are joint venture partners in Mercedes-Benz Malaysia Sdn. Bhd. (“MBM”), which distributes Mercedes-Benz products in Malaysia. The joint venture arrangements are set out in the Agreement on the Restructuring of the Distribution of Mercedes-Benz Products in Malaysia dated 9th December 2002, as amended, (the “JV Agreement”). The Board of the Company wishes to announce that it has entered into an amendment agreement dated 24th July 2013 (the “Amendment Agreement”) with Daimler pursuant to which the Company and Daimler have agreed to amend certain terms of the JV Agreement.

The Amendment Agreement

The JV Agreement previously provided that the Company was entitled to be paid approximately RM11.2 million (“CCB Dividend”) every year by way of a fixed annual dividend in respect of its shareholding in MBM. The terms of the Amendment Agreement provide that this will cease to be a fixed annual dividend, but instead the CCB Dividend will only be paid to the Company in a year in which MBM also declares a distribution of dividends to Daimler (“Daimler Dividend”). If a Daimler Dividend is not paid for any given year, the Annual Dividend will not be paid to the Company for such year (the “Non-Paid Out Annual Dividend”). The Non-Paid Out Annual Dividend will be paid in the next year in which the above requirement for the pay out of the Annual Dividend is fulfilled. The Annual Dividend due in the next year to the Company and the Non-Paid Out Annual Dividends for all preceding years will be paid to the Company up to the amount of dividend that MBM declares to Daimler.

Rationale for the Amendment

Both the Company and Daimler intend to continue with their partnership in MBM, however, it was felt that the unconditional nature of the CCB Dividend did not truly reflect the equity nature of the partnership between the Company and Daimler in MBM.

Impact of the Amendment on the Company’s income recognition

As the CCB Dividend has been unconditional, the Company has historically accrued it evenly throughout the year to which it relates, even though the payment is made in the following year. In the future, the CCB Dividend entitlement will only crystallise upon the declaration by MBM of a Daimler Dividend, which normally takes place after the end of the financial year to which the dividend relates. It is only once the CCB entitlement has crystallised that the Company will be able to recognise the income.

The Company will continue to accrue evenly the CCB Dividend for the remainder of 2013 as MBM is expected to declare an interim dividend to Daimler in respect of the current year. In 2014, however, the Company will not recognise any income when it is paid the CCB Dividend for 2013 as this would have already been fully accrued within 2013 itself. From 2015 onwards, assuming MBM continues to declare a Daimler Dividend every year in arrears, the Company will be able to recognise CCB Dividend income annually on a lump sum basis.



IJM - 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 NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced24 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-130724-F5D1C

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.Not Applicable
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 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)
Acquired19/07/2013
622,400
 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Direct (units)158,553,489 
Direct (%)11.33 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change158,553,489
Date of notice24/07/2013

Remarks :
Re : Form 29B dated 22 July 2013.


IJM - 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 NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced24 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-130724-E08B3

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 incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 Each
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)
Acquired18/07/2013
1,000,000
 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Direct (units)104,206,580 
Direct (%)7.447 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change104,206,580
Date of notice24/07/2013

Remarks :
Re : Form 29B dated 24 July 2013.


PANAMY - 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 NamePANASONIC MANUFACTURING MALAYSIA BERHAD  
Stock Name PANAMY  
Date Announced24 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130724-74C08

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)Ordinary share of RM1.00 each
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)
Disposed19/07/2013
3,900
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP
Nature of interestDirect interest
Direct (units)2,146,200 
Direct (%)3.53 
Indirect/deemed interest (units)1,466,000 
Indirect/deemed interest (%)2.41 
Total no of securities after change3,612,200
Date of notice24/07/2013

Remarks :
The form 29B was received by the Company on 24 July 2013



PANAMY - 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 NamePANASONIC MANUFACTURING MALAYSIA BERHAD  
Stock Name PANAMY  
Date Announced24 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130724-6CA88

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)Ordinary share of RM1.00 each
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)
Disposed18/07/2013
7,100
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP
Nature of interestDirect interest
Direct (units)2,150,100 
Direct (%)3.54 
Indirect/deemed interest (units)1,466,000 
Indirect/deemed interest (%)2.41 
Total no of securities after change3,616,100
Date of notice24/07/2013

Remarks :
The form 29B was received by the Company on 24 July 2013



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