July 10, 2013

Company announcements: PETGAS, HSL, CRESNDO, AXIATA, NAKA, GTRONIC

PETGAS - 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 NamePETRONAS GAS BERHAD  
Stock Name PETGAS  
Date Announced10 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-130710-316A6

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 incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of RM1.00/share
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)
Disposed05/07/2013
163,500
 
Disposed05/07/2013
17,300
 

Circumstances by reason of which change has occurred1.Sale of shares in open market
2.Sale of shares managed by portfolio manager (NOMURA)
Nature of interestDirect
Direct (units)269,229,300 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change269,229,300
Date of notice08/07/2013

Remarks :
The direct interest of 269,229,300 shares comprising:

a) 253,778,800 shares held by Citigroup Nominees (Tempatan) Sdn. Bhd;

b) 1,497,600 shares held EPF Board;

c) 754,500 shares held by Employees Provident Fund Board (AMUNDI)

d) 321,500 shares held by Employees Provident Fund Board (KIB);

e) 1,651,900 shares held by Employees Provident Fund Board (HDBS);

f) 400,000 shares held by Employees Provident Fund Board (RHB INV);

g) 532,100 shares held by Employees Provident Fund Board (AM INV);

h) 300,000 shares held by Employees Provident Fund Board (MAYBAN);

i) 5,283,400 shares held by Employees Provident Fund Board (NOMURA);

j) 4,279,500 shares held by Employees Provident Fund Board (CIMB PRI);

k) 430,000 shares held by Employees Provident Fund Board (ARIM);

Received Form 29B on 10 July 2013


HSL - 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 NameHOCK SENG LEE BERHAD  
Stock Name HSL  
Date Announced10 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoHS-130710-10379

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 incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 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)
Acquired05/07/2013
85,300
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect
Direct (units)55,785,460 
Direct (%)10.1004 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change55,785,460
Date of notice10/07/2013

Remarks :
CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
-Total no. of voting shares held after change: 37,291,914

EMPLOYEES PROVIDENT FUND BOARD
-Total no. of voting shares held after change: 1,560,600

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (NOMURA)
-Total no. of voting shares held after change: 16,932,946

TOTAL NO. SHARES HELD BY EMPLOYEES PROVIDENT FUND BOARD: 55,785,460


CRESNDO - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameCRESCENDO CORPORATION BERHAD  
Stock Name CRESNDO  
Date Announced10 Jul 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCC-130710-C060E

Date of buy back from01/07/2013
Date of buy back to05/07/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)172,100
Minimum price paid for each share purchased ($$)2.950
Maximum price paid for each share purchased ($$)3.130
Total amount paid for shares purchased ($$)529,535.79
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)172,100
Total number of shares retained in treasury (units)266,100
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies10/07/2013
Lodged by Tacs Corporate Services Sdn. Bhd.


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 Announced10 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130710-E2CC5

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)
Acquired05/07/2013
1,203,200
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 1,203,200 shares
Nature of interestDirect
Direct (units)1,034,093,106 
Direct (%)12.12 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,034,093,106
Date of notice08/07/2013

Remarks :
1) The total number of 1,034,093,106 ordinary shares comprised of the following:-

a) Citigroup EPF Board - 927,025,806
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) - 11,954,775
f) Citigroup EPF Board (RHB INV) - 2,116,400
g) Citigroup EPF Board (AM INV) - 11,272,650
h) Citigroup EPF Board (MAYBAN) - 2,855,000
i) Citigroup EPF Board (ALLIANCE) - 2,050,000
j) Citigroup EPF Board (NOMURA) - 36,396,300
k) Citigroup EPF Board (CIMB PRI) - 20,201,825
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 10 July 2013


NAKA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameNAKAMICHI CORPORATION BERHAD  
Stock Name NAKA  
Date Announced10 Jul 2013  
CategoryGeneral Announcement
Reference NoCA-130710-58709

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionNakamichi Corporation Berhad (“Nakamichi” or “Company”)
- Winding-Up Petitions (No. 28NCC-636-07/2013 and No. 28NCC-635-07/2013) under Section 218 of the Companies Act, 1965 Served on Nakamichi.

1. Background

The Board of Directors of Nakamichi wishes to announce that on 9 July 2013, the Company has been served with two (2) separate sealed copies of winding-petitions by Messrs Gideon Tan Razali Zaini (“Gideon Tan”), solicitors for Lo Man Heng (“LMH”) and Tamabina Sdn Bhd (“Tamabina”), a major subsidiary of the Company.

The winding-up petitions were both presented to the High Court of Malaya at Kuala Lumpur by LMH and Tamabina on 8 July 2013. The winding-up petitions are both scheduled for Case Management on 22 July 2013 at the High Court at Kuala Lumpur.

LMH states in the winding-up petition (No. 28NCC-636-07/2013) that:-

1. Nakamichi is indebted to LMH for the sum of RM4,404,298.67 (“the Said Sum 1”) and the accrued interests at the rate of 2% per annum over the prevailing Base Lending Rate of RHB Bank Berhad from 1 June 2013 until the date of payment to be paid by Nakamichi.

2. Over 21 days has lapsed since the day that Section 218 Statutory Notice dated 14 June 2013 was served, but Nakamichi had failed, refused and/or neglected to pay the Said Sum 1. Nakamichi is therefore insolvent and unable to pay its debt.

3. Nakamichi be wound up by the Court under the provisions of the Companies Act, 1965.

4. Mr. Lean Chee Seng of Messrs Lean Oh & Associates be appointed as the liquidator of Nakamichi.

5. The costs of the petition be paid out of the assets of Nakamichi.

6. Such other order and relief that the Honourable Court deems just and proper.

Tamabina states in the winding-up petition (No. 28NCC-635-07/2013) that:-

1. Nakamichi is indebted to Tamabina for the sum of RM7,380,931.33 (“the Said Sum 2”) and the accrued interests at the rate of 2% per annum over the prevailing Base Lending Rate of RHB Bank Berhad from 1 June 2013 until the date of payment to be paid by Nakamichi.

2. Over 21 days has lapsed since the day that Section 218 Statutory Notice dated 14 June 2013 was served, but Nakamichi had failed, refused and/or neglected to pay the Said Sum 2. Nakamichi is therefore insolvent and unable to pay its debt.

3. Nakamichi be wound up by the Court under the provisions of the Companies Act, 1965.

4. Mr. Lean Chee Seng of Messrs Lean Oh & Associates be appointed as the liquidator of Nakamichi.

5. The costs of the petition be paid out of the assets of Nakamichi.

6. Such other order and relief that the Honourable Court deems just and proper.

2. The details of the circumstances leading to the filing of the winding-up petitions

Both LMH and Tamabina had on 11 June 2013 issued letters of demand through their solicitors, Gideon Tan to demand for both of the Said Sum 1 and Said Sum 2 and the accrued interests at the rate of 2% per annum over the prevailing Base Lending Rate of RHB Bank Berhad from 1 June 2013 until the date of payment.

Our solicitor, Messrs Lim, Chong, Phang & Amy replied to Gideon Tan on 13 June 2013, denied both the amounts claimed and asked Gideon Tan to provide the necessary details and documents to substantiate the alleged outstanding sum within 7 working days from the receipt of their letter.

However, Gideon Tan on behalf of LMH and Tamabina, refused to provide any particulars.

Subsequently, Gideon Tan had on 14 June 2013 served two (2) separate Section 218 Statutory notices (one for LMH and another for Tamabina) to the Company.

The Company had on 2 July 2013 through their solicitors, Messrs Lim Chong Phang & Amy filed an application to restrain LMH and Tamabina and/or his servants and/or agents from presenting a winding-up petition against the Company in the Kuala Lumpur High Court Suit No. 22NCC-433-06/2013.]

3. The financial and operational impact of the winding-up petitions on the group

Based on the latest audited financial statements of the Group for FYE 31 December 2012, the total amount of RM11,785,230.00 (the Said Sum 1 and 2) represent 18.89% of the net assets value of the group and has material effect on the group’s earning.

Both the winding-up petitions do not have any operational impact on the group.

4. The expected losses, if any arising from the winding-up petitions

The Company has accrued both the Said Sum 1 and 2 in the accounts and no further provisions are needed except for the additional interest or legal cost (if any).

The Company has appointed Messrs Lim Chong Phang & Amy to resist the winding-up petitions and to take necessary legal action(s).



GTRONIC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced10 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130710-BF20A

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings by Principal Officers in the securities of Globetronics Technology Bhd ("GTB" or "the Company") during closed period.
In accordance with paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Wong Boon Hooi and Lim Guat Li, Principal Officers of GTB had transacted dealings in the securities of GTB during closed period. The details as set out in the Tables below.

Name of Principal Officer : Wong Boon Hooi
Direct Interest

Open market disposals
Date
Price
(RM per share)
No. of shares
disposed
% of shares
disposed
09.07.2013
2.41
5,000
negligible


Name of Principal Officer : Lim Guat Li

Direct Interest

Open market disposals
Date
Price
(RM per share)
No. of shares
disposed
% of shares
disposed
09.07.2013
2.40
5,000
negligible


This announcement is dated 10 July 2013.


GTRONIC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced10 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130710-6B57C

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings by Directors in the securities of Globetronics Technology Bhd ("GTB" or "the Company") during closed period.
In accordance with paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Ng Kweng Chong, Ng Kok Khuan and Heng Huck Lee, the Directors of GTB had transacted dealings in the securities of GTB during closed period. The details as set out in the Tables below.

Name of Director : Ng Kweng Chong
Deemed Interest

Open market purchases by Glencare Sdn Bhd
Date
Price
(RM per share)
No. of shares
acquired
% of shares
acquired
09.07.2013
2.41
6,000
negligible

Name of Director : Ng Kok Khuan

Deemed Interest

Open market purchases by Glencare Sdn Bhd
Date
Price
(RM per share)
No. of shares
acquired
% of shares
acquired
09.07.2013
2.41
6,000
negligible


Name of Director : Heng Huck Lee

Direct Interest

Open market disposals
Date
Price
(RM per share)
No. of shares
disposed
% of shares
disposed
09.07.2013
2.40
50,000
0.02



This announcement is dated 10 July 2013.


GTRONIC - Changes in Director's Interest (S135) - Heng Huck Lee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced10 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130710-6B12E

Information Compiled By KLSE

Particulars of Director

NameHeng Huck Lee
Address37 Lebuh Bukit Kecil 2, Taman Sri Nibong, 11900 Bayana Lepas, Penang
Descriptions(Class & nominal value)Ordinary shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
09/07/2013
50,000
2.400 

Circumstances by reason of which change has occurredOpen market disposals
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,527,300 
Direct (%)0.55 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice10/07/2013


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Wiserite Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced10 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130710-68E2B

Particulars of substantial Securities Holder

NameWiserite Sdn Bhd
AddressSuite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang
NRIC/Passport No/Company No.410593-W
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Wiserite Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang
2) Glencare Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/07/2013
6,000
 
Acquired08/07/2013
6,000
 
Acquired09/07/2013
6,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)50,337,868 
Direct (%) 
Indirect/deemed interest (units)3,016,073 
Indirect/deemed interest (%) 
Total no of securities after change53,353,941
Date of notice10/07/2013


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Ng Kweng Chong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced10 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130710-69225

Particulars of substantial Securities Holder

NameNg Kweng Chong
Address66B Penang Street, 10200 Penang
NRIC/Passport No/Company No.480224-07-5163
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Ng Kweng Chong of 66B Penang Street, 10200 Penang
2) Gooi Mei Hoon of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
3) Ng Kok Yu of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
4) Ng Hooi Chin of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
5) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
6) Wiserite Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang
7) Glencare Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/07/2013
6,000
 
Acquired08/07/2013
6,000
 
Acquired09/07/2013
6,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)2,594,071 
Direct (%) 
Indirect/deemed interest (units)64,758,285 
Indirect/deemed interest (%) 
Total no of securities after change67,352,356
Date of notice10/07/2013


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