August 23, 2013

Company announcements: AMBANK, IGB, IJMPLNT, HUNZPTY, SNTORIA, PESTECH, TROP

AMBANK - Changes in Director's Interest (S135) - Ashok Ramamurthy

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced23 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoAH-130823-3E0E9

Information Compiled By KLSE

Particulars of Director

NameAshok Ramamurthy
AddressUnit A-10-5
Pavilion Residences 1
No. 77 Jalan Raja Chulan
50200 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)
Others
15/08/2013
164,900
 

Description of other type of transactionAcceptance of the Short Term Incentive and Long Term Incentive Awards under AMMB Holdings Berhad ("AMMB") Executives' Share Scheme, comprising Scheme Shares of 164,900 ordinary shares in AMMB.

The vesting of the Scheme Shares is conditional upon the satisfaction of service condition and the performance targets of AMMB Group, and all other conditions as set out in the By-Laws of AMMB Executives' Share Scheme.
Circumstances by reason of which change has occurred
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice23/08/2013


IGB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced23 Aug 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoIC-130823-C4EB1

Date of buy back23/08/2013
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)750,000
Minimum price paid for each share purchased ($$)2.510
Maximum price paid for each share purchased ($$)2.550
Total consideration paid ($$)1,900,447.69
Number of shares purchased retained in treasury (units)750,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)100,050,667
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 (%)7.2


IJMPLNT - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameIJM PLANTATIONS BERHAD  
Stock Name IJMPLNT  
Date Announced23 Aug 2013  
CategoryGeneral Meetings
Reference NoIP-130823-8E87E

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting23/08/2013
Time03:00 PM
VenueVictorian Ballroom, Level 1, Holiday Villa Hotel & Suites Subang, 9 Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan
Outcome of Meeting

All items in the agenda of the 28th Annual General Meeting, held this afternoon, were approved by poll, and the results are as follows:-

Vote For

Vote Against

No.

Resolutions

No. of Shares

%

No. of Shares

%

1.

Re-appointment of retiring Director, Mr M. Ramachandran A/L V. D. Nair

454,300,678

99.94

278,004

0.06

2.

Re-appointment of retiring Director, Tan Sri Dato' Wong See Wah

562,943,644

100.00

0

0.00

3.

Re-appointment of retiring Director, Tan Sri Dato' Tan Boon Seng @ Krishnan

562,019,640

99.95

278,004

0.05

4.

Re-appointment of retiring Director, Mr Pushpanathan A/L S. A. Kanagarayar

562,943,644

100.00

0

0.00

5.

Re-appointment of PricewaterhouseCoopers as Auditors

562,943,644

100.00

0

0.00

6.

Payment of Directors' fees of RM471,000 to be divided amongst them in such manner as the Directors may determine

562,297,644

100.00

0

0.00

7.

Authority to Issue Shares under Section 132D

452,879,257

80.45

110,064,287

19.55

8.

Proposed Renewal of Share Buy-Back Authority

562,943,594

100.00

0

0.00

This announcement is also available for reference at http://www.ijm.com.



HUNZPTY - OTHERS REVALUATION IN COMPLIANCE WITH FINANCIAL REPORTING STANDARD 140

Announcement Type: General Announcement
Company NameHUNZA PROPERTIES BERHAD  
Stock Name HUNZPTY  
Date Announced23 Aug 2013  
CategoryGeneral Announcement
Reference NoCP-130823-65011

TypeAnnouncement
SubjectOTHERS
DescriptionREVALUATION IN COMPLIANCE WITH FINANCIAL REPORTING STANDARD 140

1. INTRODUCTION

The Board of Directors of HUNZPTY wishes to announce that the Company had undertaken the annual revaluation exercise on all the Group’s Investment Properties. Details of the Investment Properties (including its financial impact) are as per the Table attached (except those Investment Properties with no difference between current market value and its carrying values). The Board has today approved the incorporation of the net gain arising from fair value adjustment of the Investment Properties in the consolidated financial statements for the financial year ended 30 June 2013.

2. PURPOSE OF VALUATION

The valuation is carried out pursuant to the Group’s accounting policy and to be in compliance with the Financial Reporting Standard (“FRS”) 140, Investment Property.

3. REVALUATION SURPLUS

The net gain arising from fair value adjustment of the Investment Properties is RM146.1 million. The details of the fair value gain are set out in the Table attached.

4. EFFECTS ON THE NET ASSET VALUE

The fair value gain of RM146.1 million has resulted an increase of RM0.80 of net assets per share for the outstanding shares as at 30 June 2013 (not including treasury shares). However, note that the number of paid-up shares was increased by 18,100,000 after the private placement exercise in July 2013.

5. DATE OF VALUATION

The valuation was done on June 2013.

6. NAME OF VALUER

The valuation was done by independent firms of professional valuers as in the Table attached.

7. DOCUMENTS AVAILABLE FOR INSPECTION

The Certificates of Valuation in relation to the Revaluations are available for inspection at the Registered Office of Suite 12-02, 12th Floor, Menara Zurich, 170 Jalan Argyll, 10050 Penang during normal office hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.

This announcement is dated 23 August 2013.

 

 



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

Announcement Type: General Announcement
Company NameSENTORIA GROUP BERHAD  
Stock Name SNTORIA  
Date Announced23 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130823-41080

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionSENTORIA GROUP BERHAD ("SENTORIA" OR "THE COMPANY")
SALE AND PURCHASE AGREEMENT BETWEEN SENTORIA BORNEO SAMARIANG SDN BHD (“SBSSB”), A WHOLLY-OWNED SUBSIDIARY OF SENTORIA GROUP BERHAD (“SENTORIA” OR “THE COMPANY”) AND PROJEK BANDAR SAMARIANG SDN. BHD.

The Board of Directors of Sentoria Group Berhad (“Sentoria” or “the Company”) is pleased to announce that Sentoria Borneo Samariang Sdn Bhd (Company No. 1044899-X) (“SBS” or “the Purchaser”), a wholly-owned subsidiary of the Company, has on 23 August 2013 entered into a Sale and Purchase Agreement (“SPA” or “this Agreement”) with Projek Bandar Samariang Sdn. Bhd. (Company No. 443828-P) (“PBS” or “the Landowner” or “the Vendor”) to purchase the sub-division land, measuring approximately 200 acres, situated at Bandar Samariang township, Kuching of Lots 7686 Block 9 Salak Land District (“the Land”) for a purchase consideration of RM17,000,000.00 (hereinafter also referred to as “the Purchase Price”) on a “as-is-where-is” basis, subject to the fulfillment of the conditions precedent and all the terms and conditions as contained in the SPA.

The details of the announcement are set out in the attached file.

This announcement is dated 23 August 2013.



PESTECH - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced23 Aug 2013  
CategoryGeneral Announcement
Reference NoCS-130823-E9D2A

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionPESTECH INTERNATIONAL BERHAD ("PESTECH" or "the Company")
- STATUS OF MEMORANDUMS OF UNDERSTANDING ("MOU")
The BOD wishes to inform the status updates of the following MOU:-
(1) MOU BETWEEN VLV SOUMPHOLPHAKDY SOLE CO., LTD. ("VLV") AND PESTECH SDN. BHD. ("PSB") JV AND ELECTRICITE DU LAOS ("EDL")
      There has no material development since the previous announcement dated 22 May 2013.

(2) MOU BETWEEN PESTECH AND ELECTRICAL CONSTRUCTION AND INSTALLATION, STATE ENTERPRISE, A STATE OWNED LAOS COMPANY ("ECI")

There has been no material development since the previous announcement dated 22 May 2013.

(3) MOU BETWEEN PSB, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND ABB MALAYSIA SDN. BHD. ("ABB")

The agreements for the technical cooperation between PSB and ABB are in the midst of being finalised.

This announcement is dated 23 August 2013.


TROP - OTHERS LETTER OF INTENT TO AMTRUSTEE BERHAD, ACTING AS TRUSTEE OF CAPITAMALLS MALAYSIA TRUST (“CMMT”)

Announcement Type: General Announcement
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced23 Aug 2013  
CategoryGeneral Announcement
Reference NoTC-130823-D291A

TypeAnnouncement
SubjectOTHERS
DescriptionLETTER OF INTENT TO AMTRUSTEE BERHAD, ACTING AS TRUSTEE OF CAPITAMALLS MALAYSIA TRUST (“CMMT”)

The Board of Directors of Tropicana wishes to announce that Tropicana City Sdn. Bhd. (“TCSB”), a wholly-owned subsidiary of Tropicana, has on 23 August 2013 entered into a Letter of Intent (“LOI”) with AmTrustee Berhad, acting as trustee of CMMT, on the acquisition of the following properties currently owned by TCSB (“Proposed Disposal”): -

(i) A four (4) storey shopping mall known as “Tropicana City Mall” (“Retail Mall”) and part of lower ground, Basement 1, Basement 2 and Basement 3 comprising 1,759 vehicle parking bays (which are designated for the exclusive use for the Retail Mall and the Office Tower); and;

(ii) A twelve (12) storey office building known as the “Tropicana City Office Tower” (“Office Tower”),

erected on a master title held under Geran 54431, Lot 45821, Section 39, Bandar Petaling Jaya, District of Petaling, State of Selangor and bearing the postal address of Tropicana City Mall and Tropicana Office Tower, Jalan SS20/27, 47400 Petaling Jaya respectively.

TCSB agrees to grant CMMT an exclusive period of four (4) weeks from the date of the LOI to undertake a due diligence process on the Proposed Disposal.

Further details on the Proposed Disposal will be announced at the appropriate time.

This announcement is dated 23 August 2013.



TROP - Changes in Sub. S-hldr's Int. (29B) - ALIRAN FIRASAT SDN BHD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced23 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTC-130823-DD38B

Particulars of substantial Securities Holder

NameALIRAN FIRASAT SDN BHD
AddressC-06-02, 6TH FLOOR,
BLOCK C, WISMA TT
NO. 1, JALAN PJS 8/15
DATARAN MENTARI
46150 PETALING JAYA
SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.392360-V
Nationality/Country of incorporationINCORPORATED IN MALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holderALIRAN FIRASAT SDN BHD
C-06-02, 6TH FLOOR,
BLOCK C, WISMA TT
NO. 1, JALAN PJS 8/15
DATARAN MENTARI
46150 PETALING JAYA
SELANGOR DARUL EHSAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed23/08/2013
50,000,000
 

Circumstances by reason of which change has occurredDIRECT BUSINESS TRANSACTION
- DISPOSAL FROM ALIRAN FIRASAT SDN BHD TO TAN SRI DATO' TAN CHEE SING
Nature of interestDIRECT INTEREST
Direct (units)90,000,000 
Direct (%)8.34 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change90,000,000
Date of notice23/08/2013

Remarks :
This announcement is dated 23 August 2013.


TROP - Changes in Sub. S-hldr's Int. (29B) - D & I CORPORATION SDN BHD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced23 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTC-130823-32398

Particulars of substantial Securities Holder

NameD & I CORPORATION SDN BHD
AddressC-06-02, 6TH FLOOR,
BLOCK C, WISMA TT
NO. 1, JALAN PJS 8/15
DATARAN MENTARI
46150 PETALING JAYA
SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.57541-P
Nationality/Country of incorporationINCORPORATED IN MALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holderALIRAN FIRASAT SDN BHD
C-06-02, 6TH FLOOR,
BLOCK C, WISMA TT
NO. 1, JALAN PJS 8/15
DATARAN MENTARI
46150 PETALING JAYA
SELANGOR DARUL EHSAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed23/08/2013
50,000,000
 

Circumstances by reason of which change has occurredDIRECT BUSINESS TRANSACTION
- DISPOSAL FROM ALIRAN FIRASAT SDN BHD TO TAN SRI DATO' TAN CHEE SING
Nature of interestDEEMED INTERESTED BY VIRTUE OF D & I CORPORATION SDN BHD'S INTEREST IN ALIRAN FIRASAT SDN BHD PURSUANT TO SECTION 6A OF THE COMPANIES ACT, 1965.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)90,000,000 
Indirect/deemed interest (%)8.34 
Total no of securities after change90,000,000
Date of notice23/08/2013

Remarks :
This announcement is dated 23 August 2013.


TROP - Changes in Sub. S-hldr's Int. (29B) - PUAN SRI DATIN CHAN SHAO TSIU

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced23 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTC-130823-61536

Particulars of substantial Securities Holder

NamePUAN SRI DATIN CHAN SHAO TSIU
AddressNO. 8, JALAN TR 5/2
TROPICANA GOLF & COUNTRY RESORT
47100 PETALING JAYA
SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.550222-01-5352
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holderALIRAN FIRASAT SDN BHD
C-06-02, 6TH FLOOR,
BLOCK C, WISMA TT
NO. 1, JALAN PJS 8/15
DATARAN MENTARI
46150 PETALING JAYA
SELANGOR DARUL EHSAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed23/08/2013
50,000,000
 

Circumstances by reason of which change has occurredDIRECT BUSINESS TRANSACTION
- DISPOSAL FROM ALIRAN FIRASAT SDN BHD TO TAN SRI DATO' TAN CHEE SING
Nature of interestDEEMED INTERESTED BY VIRTUE OF INTERESTS IN D & I CORPORATION SDN BHD, THE HOLDING COMPANY OF ALIRAN FIRASAT SDN BHD, PURSUANT TO SECTION 6A OF THE COMPANIES ACT, 1965.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)90,000,000 
Indirect/deemed interest (%)8.34 
Total no of securities after change90,000,000
Date of notice23/08/2013

Remarks :
This announcement is dated 23 August 2013.


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