ZELAN - MULTIPLE PROPOSALS
| Company Name | ZELAN BERHAD |
| Stock Name | ZELAN |
| Date Announced | 31 Jul 2013 |
| Category | General Announcement |
| Reference No | MI-130731-59821 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | ZELAN BERHAD (“ZELAN” OR “COMPANY”) (I) PROPOSED SHAREHOLDERS’ MANDATE; (II) PROPOSED PAR VALUE REDUCTION; (III) PROPOSED SHARE PREMIUM REDUCTION; (IV) PROPOSED M&A AMENDMENT; AND (V) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
On behalf of the Board of Directors of Zelan (“Board”), AFFIN Investment Bank (“AFFIN Investment”) wishes to announce that the Company proposes to undertake the following corporate exercises: (i) proposal to obtain a mandate from its shareholders, if deemed fit in the future, to dispose up to 56,671,000 ordinary shares of RM1.00 each in IJM Corporation Berhad (“IJM”) (“IJM Shares”), representing approximately 4.05% of the issued and paid-up share capital of IJM as at 19 July 2013, for cash to buyers to be identified and at prices to be determined later (“Proposed Shareholders’ Mandate”);
(ii) proposed reduction of RM0.40 of the par value of each existing ordinary share of RM0.50 each in Zelan (“Zelan Share” or “Share”) pursuant to Section 64 of the Companies Act 1965 (“Act”) (“Proposed Par Value Reduction”);
(iii) proposed reduction of the share premium account of Zelan pursuant to Section 60 and Section 64 of the Act (“Proposed Share Premium Reduction”);
(The Proposed Par Value Reduction and Proposed Share Premium Reduction are hereinafter referred to as the “Proposed Capital Restructuring”)
(iv) proposed amendment to the memorandum and articles of association of Zelan (“M&A”) to amend the authorised share capital of Zelan from RM400,000,000 comprising 800,000,000 Zelan Shares to RM150,000,000 comprising 1,500,000,000 ordinary shares of RM0.10 each in Zelan (“New Zelan Shares”) to facilitate the implementation of the Proposed Par Value Reduction and Proposed Rights Issue with Warrants (“Proposed M&A Amendment”); and
(v) proposed renounceable rights issue of 281,631,485 New Zelan Shares (“Rights Shares”) together with 281,631,485 new free detachable warrants (“Warrants”) on the basis of 1 Rights Share for every 2 New Zelan Shares together with 1 free Warrant for every 1 Rights Share subscribed in Zelan held on an entitlement date to be determined and announced later after the completion of the Proposed Capital Restructuring (“Proposed Rights Issue with Warrants”).
Further details on the Proposals are set out in the attachment.
This announcement is dated 31 July 2013.
| |
AFG - Change of Address
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 31 Jul 2013 |
| Category | Change of Address |
| Reference No | AF-130723-52126 |
| Remarks : |
| The telephone and facsimile numbers remained unchanged. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 31 Jul 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-130731-0EB09 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | i) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquisition of 1,000,000 shares) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur ii) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (Disposal of 42,200 shares) iii) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (Acquisition of 135,100 shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 25/07/2013 | 1,000,000 | |
| Disposed | 25/07/2013 | 42,200 | |
| Acquired | 25/07/2013 | 135,100 |
| Remarks : |
| The Form 29B dated 26 July 2013 was received on 30 July 2013. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 31 Jul 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-130731-0EEC5 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquisition of 1,759,200 shares) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 26/07/2013 | 1,759,200 |
| Remarks : |
| The Form 29B dated 29 July 2013 was received on 31 July 2013. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 31 Jul 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-130731-11665 |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome Chiyoda-ku, Tokyo 100-8330, Japan |
| NRIC/Passport No/Company No. | Nil |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Mitsubishi UFJ Trust and Banking Corporation("MUTB") (Acquisition of 54,300 ordinary shares) 4-5, Marunouchi 1-Chome, Chiyoda-ku, Tokyo, 100-8212, Japan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 25/07/2013 | 54,300 |
| Remarks : |
| The Form 29B dated 30 July 2013 was received on 31 July 2013. |
HAPSENG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS (Amended Announcement)
| Company Name | HAP SENG CONSOLIDATED BERHAD |
| Stock Name | HAPSENG |
| Date Announced | 31 Jul 2013 |
| Category | General Announcement |
| Reference No | HS-130731-34598 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | Hap Seng Consolidated Berhad [“HSCB” or the “Company”] I) Proposed disposal of 510,000 ordinary shares of RM1.00 each [“HSSV Ordinary Shares”] and 51,102 redeemable preference shares of RM1.00 each [“HSSV RPS”] representing 51% of the issued and paid-up capital of Hap Seng Star (Vietnam) Sdn Bhd [“HSSV”] [“Proposed Disposal”]; and II) Proposed granting of a put option by Prestige Sports Cars (HK) Limited [“PSC” or the “Purchaser”] to Hap Seng Star Sdn Bhd [“HSS” or the “Seller”] for the disposal of up to 49% of the issued and paid-up capital of HSSV comprising 490,000 HSSV Ordinary Shares and 49,098 HSSV RPS, which is exercisable after the completion of the Proposed Disposal [the “said Option”]. [I and II are collectively referred to as the “Proposals”] |
We refer to our announcement of 30 July 2013 on the above and wish to state that the Exercise Price of the said Option is RM147,000,000 instead of RM149,000,000. cc: Securities Commission | |
L&G - GENERAL MEETINGS: OUTCOME OF MEETING
| Company Name | LAND & GENERAL BERHAD |
| Stock Name | L&G |
| Date Announced | 31 Jul 2013 |
| Category | General Meetings |
| Reference No | L&-130731-64444 |
| Type of Meeting | EGM | |||||||||||||||||||
| Indicator | Outcome of Meeting | |||||||||||||||||||
| Date of Meeting | 31/07/2013 | |||||||||||||||||||
| Time | 03:00 PM | |||||||||||||||||||
| Venue | The Saga Room, the Sri Damansara Club, Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur | |||||||||||||||||||
| Outcome of Meeting | LAND & GENERAL BERHAD (“L&G”) (I) Proposed renounceable rights issue of RM77,779,589 nominal value of five (5)-year, 1%, irredeemable convertible unsecured loan stocks (“ICULS”) at 100% of the nominal value of RM0.13 each on the basis of RM0.13 nominal value of the ICULS for every one (1) existing ordinary share of RM0.20 each in L&G held on an entitlement date to be determined and announced later (“Proposed Rights Issue of ICULS”); and The announcement released on 15 July 2013 in relation to the Notice of Extraordinary General Meeting in respect of the Proposed Rights Issue of ICULS and Proposed Acquisition refers. On behalf of the Board of Directors of L&G, we are pleased to inform that all the following resolutions tabled at the EGM which were voted by way of poll, were duly passed. The poll results are as tabulated below. Resolutions FOR AGAINST No of Votes % No of Votes % Ordinary Resolution 1 – Proposed Rights Issue of ICULS 53,085,700 80.77 12,641,700 19.23 Ordinary Resolution 2 – Proposed Acquisition 52,965,700 80.85 12,761,700 19.42 This announcement is dated 31 July 2013. | |||||||||||||||||||
IJM - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)
| Company Name | IJM CORPORATION BERHAD |
| Stock Name | IJM |
| Date Announced | 31 Jul 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | IC-130731-AF778 |
Particulars of substantial Securities Holder
| Name | Kumpulan Wang Persaraan (Diperbadankan) |
| Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1 Each |
| Name & address of registered holder | Kumpulan 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 transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 24/07/2013 | 25,100 | |
| Acquired | 24/07/2013 | 2,176,000 | |
| Acquired | 25/07/2013 | 470,000 |
| Remarks : |
| Re : Form 29B dated 30 July 2013. |
IJM - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | IJM CORPORATION BERHAD |
| Stock Name | IJM |
| Date Announced | 31 Jul 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | IC-130731-AF76A |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | Not Applicable |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1 Each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd, Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 26/07/2013 | 716,700 |
| Remarks : |
| Re : Form 29B dated 29 July 2013. |
KEURO - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | KUMPULAN EUROPLUS BERHAD |
| Stock Name | KEURO |
| Date Announced | 31 Jul 2013 |
| Category | General Announcement |
| Reference No | MI-130731-64190 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | KUMPULAN EUROPLUS BERHAD (“KEB” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 52,099,176 NEW ORDINARY SHARES OF RM1.00 EACH IN THE COMPANY (“PLACEMENT SHARES”) REPRESENTING UP TO TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF KEB AT AN ISSUE PRICE OF RM1.11 PER PLACEMENT SHARE (“PROPOSED PRIVATE PLACEMENT”) |
We refer to the announcements dated 9 July 2013, 10 July 2013, 23 July 2013, 25 July 2013 and 29 July 2013 in relation to the Proposed Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Private Placement. | |
No comments:
Post a Comment