Company announcements: HEXAGON, GUNUNG, POLY, DAIBOCI, TNLOGIS, SALCON

HEXAGON - MATERIAL LITIGATION

Announcement Type: General Announcement

Company Name	HEXAGON HOLDINGS BHD
Stock Name	HEXAGON
Date Announced	23 Aug 2013
Category	General Announcement
Reference No	CM-130823-60561

Type	Announcement
Subject	MATERIAL LITIGATION
Description	HEXAGON HOLDINGS BERHAD (“HHB” or “the Company”) Writ of Summon and Statement of Claim by Bank Muamalat Malaysia Berhad (“BMMB”)
We refer to Bursa Malaysia Securities Berhad's query letter dated 22 August 2013 pertaining to our announcement dated 21 August 2013 for the Writ of Summon and Statement of Claim by Bank Muamalat Malaysia Berhad (“BMMB”) and the Company wishes to clarify on the following :- 1. The Muamalat Restructuring (Tawarruq)-i Facility of RM9,000,000.00 granted to Hexagon Tower Sdn Bhd (“In Liquidation”) The Solicitor acting for BMMB is demanding payment of a sum of RM9,272,057.32 due and owing as at 12 July 2013 together with continuing compensation charges and all other applicable continuing costs, charges and expenses to BMMB. Muamalat Restructuring (Tawarruq)-i Facility of RM9,000,000.00 Particulars Amount (RM) Selling Price 11,078,926.98 Less: Total Payment (1,846,640.44) 9,232,286.54 ADD: Legal Expenses Incurred 1,245.50 ADD: Late Payment / Compensation Charges (Ta’widh) as at 12 July 2013 38,525.28 Total Amount Due 9,272,057.32 Compensation for late payment shall be charged on the Overdue Amount of RM2,954,227.84 or balance thereof at 1% per annum from 13 July 2013 until the maturity of the Financing on 15 May 2015 and thereafter at the Interbank Islamic Money Market Rate (IMMR) (currently at 2.91% per annum) on the Principal Outstanding of RM7,751,738.71 or balance thereof until the date of full and final settlement. 2. The Muamalat Restructuring (Tawarruq)-i Facility of RM1,950,000.00 granted to Advanced Metal Substrate Technology Sdn Bhd (“In Liquidation”) (restructure of the Murabahah Working Capital Financing) The Solicitor acting for BMMB is demanding payment of a sum of RM2,652,920.84 due and owing as at 12 July 2013 together with continuing compensation charges and all other applicable continuing costs, charges and expenses to BMMB. Muamalat Restructuring (Tawarruq)-i Facility Particulars Amount (RM) Selling Price 2,783,421.93 Less: Total Payment (137,701.79) 2,645,720.14 ADD: Legal Expenses Incurred 1,221.90 ADD: Late Payment / Compensation Charges (Ta’widh) as at 12 July 2013 5,978.80 Total Amount Due 2,652,920.84 Compensation for late payment shall be charged on the Overdue Amount of RM512,232.61 or balance therefore at 1% per annum from 13 July 2013 until the maturity of the Financing on 15 August 2016 and thereafter at the Interbank Islamic Money Market Rate (IMMR) (currently at 2.91% per annum) on the Principal Outstanding of RM1,870,589.05 or balance thereof until the date of full and final settlement. HHB is in the midst of seeking legal advice to defend against the aforesaid Demand. If the Claim would subsequent crystallize, the potential liabilities would have financial and operation impact to the Company. Save for the RM11,924,978.16 sum as demanded by BMMB plus our legal cost and incidental cost, there is no other financial nor any operational loss of the demand on the Group. Further announcement on the material development of the above matter will be made in due course. This announcement is dated 23 August 2013.

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GUNUNG - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement

Company Name	GUNUNG CAPITAL BERHAD
Stock Name	GUNUNG
Date Announced	23 Aug 2013
Category	General Announcement
Reference No	CG-130823-4022A

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	MEMORANDUM OF UNDERSTANDING WITH THE INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA.
1. INTRODUCTION Gunung is pleased to announce that its 100%-owned subsidiary, Gunung Land Sdn Bhd (“GLSB”), has today, entered into a Memorandum of Understanding (“MOU”) with the International Islamic University Malaysia (“IIUM”), for the purpose of collaboration on the development of IIUM Islamic City, a new project based on the WAQF concept (hereinafter referred to as the “Project”).  2. BACKGROUND OF THE PROJECT IIUM campus was planned based on the principles of an Islamic city. Through the years, the Campus has expanded on many fronts without losing its original identity. The proposed new Project on an existing 17.6-acre site in the IIUM Gombak Campus, will consist of an islamic centre, medical centre, serviced apartments, convention centre, hotel, shopping mall and food court. This is to be the commercial component of the Islamic City. The planning of this area is based on three (3) levels of thought: 1. Conceptually, 2. Accepted features of an Islamic City, and 3.Public perception and expectation of an Islamic City.  3. INFORMATION ON IIUM IIUM (Company No. 101067-P) is an Islamic Institution of Higher Learning, incorporated in Malaysia under the Companies Act 1965. IIUM was founded on Islamic principles, which are inculcated into all disciplines. IIUM was established on 20 May 1983 when the University received its ’Establishment Order’ after an exchange of Diplomatic Notes of co-sponsorship between the Government of Malaysia (host country) and a number of Muslim Governments, namely Bangladesh, Egypt, Libya, Maldives, Pakistan, Saudi Arabia, Turkey and the Organisation of Islamic Conference (OIC). IIUM currently houses 16 faculties and offers wide-ranging programmes covering bachelor, master’s and PhD. IIUM consist of 4 campuses; the Gombak Campus is located on a 786 acre site, the Kuantan Campus is located on a 1,000 acres site, the Kuala Lumpur Campus is located on a 30 acre site. IIUM has around 30,000 students, comprising of students at foundation (6,691), undergraduate (17,069) and postgraduate (6,177). Out of the total student population, 5,183 are international students from around 96 different countries.   4. SALIENT TERMS AND DURATION OF THE MOU  The MOU serves only as a record of both Parties intentions and is not deemed to constitute or create legally binding or enforceable obligations, express or implied.  The MOU comes into effect on the signing date, and will remain in effect for a period of three (3) years, and may be extended for a further period as may be agreed in writing by both Parties.  Each Party may terminate the MOU by giving the other party sixty (60) days written notice.   The protection of intellectual property rights of each party shall be enforced.   5. Equity and Obligations of GUNUNG and IIUM The MOU will not give rise to any financial obligation by GLSB or IIUM.  6. Financial Effects of the MOU The MOU will not have any material effect on the earnings or net assets of Gunung for the financial year ending 31 December 2013.  The MOU will not have any effect on the share capital and major shareholders’ shareholding of Gunung.  7. APPROVAL OF SHAREHOLDERS AND RELEVANT GOVERNMENT AUTHORITIES The MOU is not subject to the approval of the shareholders of Gunung, and relevant government authorities.  8. Directors’ and Major Shareholders’ Interests None of the Directors, major shareholders and/or persons connected to them has any interest, whether direct or indirect in this MOU.  9. Directors recommendation The Board of Directors of the Company are of the opinion that the execution of the MOU between GLSB and IIUM is in the best interest of Gunung.  10. DOCUMENTS FOR INSPECTION The MOU will be available for inspection at the registered office of Gunung during the office hours from Mondays to Fridays (except for public holidays) at Lot 5911, Jalan Perusahaan 1, Kamunting Industrial Estate, 34600 Kamunting, Taiping, Perak for period of three (3) months from the date of this announcement. This Announcement is dated 23 August 2013. 1.

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

Announcement Type: General Announcement

Company Name	GUNUNG CAPITAL BERHAD
Stock Name	GUNUNG
Date Announced	23 Aug 2013
Category	General Announcement
Reference No	CG-130823-7F3E1

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GUNUNG CAPITAL BERHAD (“GUNUNG” OR “COMPANY”) PROPOSED ACQUISITION OF 425,000 ORDINARY SHARES OF RM1.00 EACH IN PUSAKA HIJAU SDN BHD (“PHSB”) (“PHSB SHARES”) REPRESENTING 85% EQUITY INTEREST IN PHSB FROM BEROZ NIKMAL BIN MIRDIN (“PROPOSED ACQUISITION”) FOR A PURCHASE CONSIDERATION OF RM9.10 MILLION
Further to our announcement dated 21 August 2013 in respect of the above Proposed Acquisition, the Company is pleased to clarify on the following :- (1) Page 2 (item 2.2) – The word “million” should be deleted.  Based on the audited consolidated financial statements for the FYE 30 June 2012, the net loss and net liabilities for PHREC are approximately RM8,925 and RM95,845 million respectively. (2) Page 13 (item 8) – There should be a fullstop instead of coma immediately after the word “in a general meeting” In the case where the abovementioned event changes the highest percentage ratio, GUNUNG will seek shareholder approval in a general meeting. If it can be reasonably expected, that under 10.13 of the Bursa Securities Main Market Listing Requirements, that the Proposed Acquisition will result in: This announcement is dated 23 August 2013.

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POLY - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings

Company Name	POLY GLASS FIBRE (M) BERHAD
Stock Name	POLY
Date Announced	23 Aug 2013
Category	General Meetings
Reference No	CC-130807-D6DB8

Type of Meeting	AGM
Indicator	Outcome of Meeting
Date of Meeting	23/08/2013
Time	02:30 PM
Venue	FUNCTION HALL 01, LEVEL 02 GURNEY RESORT HOTEL & RESIDENCES 18 PERSIARAN GURNEY 10250 PENANG
Outcome of Meeting	The Board of Directors of POLY GLASS FIBRE (M) BHD is pleased to announce that the shareholders of the Company had at the 23rd Annual General Meeting ("AGM") duly held on 23rd August 2013, approved all the resolutions prescribed in the Notice of AGM dated 1st August 2013. Dated this 23rd day of August 2013.

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DAIBOCI - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement

Company Name	DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name	DAIBOCI
Date Announced	23 Aug 2013
Category	Notice of Shares Buy Back - Immediate Announcement
Reference No	DP-130823-3EADB

Date of buy back	23/08/2013
Description of shares purchased	Ordinary shares of RM1.00 each
Currency	Malaysian Ringgit (MYR)
Total number of shares purchased (units)	5,400
Minimum price paid for each share purchased ($$)	3.380
Maximum price paid for each share purchased ($$)	3.400
Total consideration paid ($$)	18,446.36
Number of shares purchased retained in treasury (units)	5,400
Number of shares purchased which are proposed to be cancelled (units)	0
Cumulative net outstanding treasury shares as at to-date (units)	466,600
Adjusted issued capital after cancellation (no. of shares) (units)	0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)	0.41

Remarks :

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DAIBOCI - DAIBOCI - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular

Company Name	DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.
Stock Name	DAIBOCI
Date Announced	23 Aug 2013
Category	Listing Circular
Reference No	RN-130823-36121

LISTING'S CIRCULAR NO. L/Q : 68600 OF 2013

Interim tax exempt dividend of 3.00 sen per share.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 6 September 2013 ]

2) The last date of lodgement : [ 10 September 2013 ]

3) Date Payable : [ 27 September 2013 ]

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TNLOGIS - Circular/Notice to Shareholders

Announcement Type: PDF Submission

Company Name	TIONG NAM LOGISTICS HOLDINGS BERHAD
Stock Name	TNLOGIS
Date Announced	23 Aug 2013
Category	PDF Submission
Reference No	TN-130822-1C3AE

Subject

Circular to Shareholders in relation to Proposed Renewal of Shareholders' Approval for Share Buy-Back by the Company up to Ten Percent (10%) of the Issued and Paid-Up Ordinary Share Capital of the Company, Proposed New Shareholders' Mandate and Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed Amendments to the Articles of Association of the Company.

Attachments Circular 2013.pdf 1388 KB

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TNLOGIS - First and Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)

Company Name	TIONG NAM LOGISTICS HOLDINGS BERHAD
Stock Name	TNLOGIS
Date Announced	23 Aug 2013
Category	Entitlements (Notice of Book Closure)
Reference No	TN-130822-1C39D

EX-date	01/10/2013
Entitlement date	03/10/2013
Entitlement time	04:00:00 PM
Entitlement subject	First and Final Dividend
Entitlement description	PROPOSED FIRST & FINAL DIVIDEND OF 12 SEN PER ORDINARY SHARE LESS 25%INCOME TAX
Period of interest payment	to
Financial Year End	31/03/2013
Share transfer book & register of members will be	04/10/2013 to 07/10/2013 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	TRICOR INVESTOR SERVICES SDN BHD LEVEL 17, THE GARDENS NORTH TOWER MID VALLEY CITY, LINGKARAN SYED PUTRA 59200 KUALA LUMPUR TEL NO : 03 2264 3883
Payment date	24/10/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03/10/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.12

Remarks :

This First & Final Dividend is subject to the approval by shareholders of Tiong Nam Logistics Holdings Berhad at its forthcoming 24th Annual General Meeting to be held on 14 September 2013.

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TNLOGIS - Annual Report 2013

Announcement Type: Document Receipt

Company Name	TIONG NAM LOGISTICS HOLDINGS BERHAD
Stock Name	TNLOGIS
Date Announced	23 Aug 2013
Category	Document Receipt
Reference No	JM-130823-62479

Annual Report for Financial Year Ended	31/03/2013
Subject	Annual Report 2013

Attachments TNLOGIS-Cover to Page 58.pdf 2417 KB TNLOGIS-Page 59 to ProxyForm.pdf 2051 KB TNLOGIS-Addendum.pdf 187 KB

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SALCON - OTHERS Striking Off of Wholly-Owned Subsidiary Company pursuant to subsection (4) of Section 344 of the Singapore Companies Act

Announcement Type: General Announcement

Company Name	SALCON BERHAD
Stock Name	SALCON
Date Announced	23 Aug 2013
Category	General Announcement
Reference No	CK-130822-53171

Type	Announcement
Subject	OTHERS
Description	Striking Off of Wholly-Owned Subsidiary Company pursuant to subsection (4) of Section 344 of the Singapore Companies Act
The Board of Directors of Salcon Berhad ("Salcon" or "the Company") wishes to inform that Salcon Water International Pte. Ltd. ("SWIPL"), a wholly-owned subsidiary of the Company, which was incorporated in the Republic of Singapore and is dormant had been struck off from the Singapore's Register of Companies effective 15th August 2013 pursuant to subsection (4) of Section 344 of the Singapore Companies Act as published in the Republic of Singapore Government Gazette dated 23rd August 2013. The striking off of SWIPL does not have any material effect on the earnings and net assets of Salcon Group for the financial year ending 31st December 2013, and the share capital of the Company. This announcement is dated 23rd August 2013.

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