August 2, 2013

Company announcements: MAEMODE, PERDANA, DESTINI, SIGN, YINSON, GUNUNG, MULPHAL, WCT

MAEMODE - OTHERS MALAYSIAN AE MODELS HOLDINGS BERHAD (Receiver and Manager Appointed) (“MAEMODE” or the “Company”) - Termination of Sub-Contract Work PackageTB01-SC01: Design, Supply, Delivery to Site, Installation, Testing & Commissioning and Maintenance of Baggage Handing System for Main Terminal Building , Satellite Building, Sky Bridge and Piers (Contract No. MAHB/PCD/C/LCCT/48/2010)

Announcement Type: General Announcement
Company NameMALAYSIAN AE MODELS HOLDINGS BERHAD  
Stock Name MAEMODE  
Date Announced2 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130802-67739

TypeAnnouncement
SubjectOTHERS
DescriptionMALAYSIAN AE MODELS HOLDINGS BERHAD (Receiver and Manager Appointed) (“MAEMODE” or the “Company”)
- Termination of Sub-Contract Work PackageTB01-SC01: Design, Supply, Delivery to Site, Installation, Testing & Commissioning and Maintenance of Baggage Handing System for Main Terminal Building , Satellite Building, Sky Bridge and Piers (Contract No. MAHB/PCD/C/LCCT/48/2010)

The Board of Directors of the Company wishes to announce that Matromatic Handling Systems (M) Sdn Bhd (Receiver and Manager Appointed)(“MHS”), a wholly-owned subsidiary of the Company had on 24 July 2013 received a notice of termination from UEMC – BINA PURI J.V. notifying MHS that the Sub-Contract Work PackageTB01-SC01: Design, Supply, Delivery to Site, Installation, Testing & Commissioning and Maintenance of Baggage Handing System for Main Terminal Building , Satellite Building, Sky Bridge and Piers bearing contract no.: MAHB/PCD/C/LCCT/48/2010 has been terminated with effect from 24 July 2013.

This announcement is made on 2 August 2013.



PERDANA - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced2 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130802-0F9D8

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak,
Peti Surat 11025,
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)Ordinary shares of RM 0.50 each
Name & address of registered holderLembaga Tabung Haji
201, Jalan Tun Razak,
Peti Surat 11025,
50732 Kuala Lumpur

Kenanga Investors Berhad
Suite 12.02, 12th Floor, kenanga International
jalan Sultan Ismail, 50250 Kuala Lumpur

AmIslamic FUND MANAGEMENT SDN BHD
Level 10, Bangunan AmBank Group
55 Jalan Raja Chulan, 50200 Kuala Lumpur

CIMB-Principal Asset Management Berhad
Level 5, Menara Milenium
8, Jalan Damanlela, Bukit Damansara
50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed31/07/2013
525,200
 
Disposed01/08/2013
200,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect and Indirect
Direct (units)44,446,000 
Direct (%)8.7 
Indirect/deemed interest (units)5,196,700 
Indirect/deemed interest (%)1.02 
Total no of securities after change49,642,700
Date of notice02/08/2013

Remarks :
The Form 29B was received by the company on 2 August 2013.


DESTINI - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameDESTINI BERHAD  
Stock Name DESTINI  
Date Announced2 Aug 2013  
CategoryGeneral Announcement
Reference NoMI-130802-64451

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionDESTINI BERHAD ("DESTINI" OR THE "COMPANY")

I. PROPOSED ACQUISITIONS; AND

II. PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcements made on 3 April 2013 in relation to the Proposed Acquisitions as well as 10 July 2013 and 11 July 2013 in relation to the Proposals.
On behalf of the Board of Directors of Destini, RHB Investment Bank Berhad ("RHB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 1 August 2013 (received on 2 August 2013), resolved to approve the following:-

i. Listing of 130,390,000 new Shares to be issued pursuant to the Proposed Acquisitions;

ii. Admission to the Official List and listing of up to 242,000,000 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and

iii. Listing of up to 242,000,000 new Shares to be issued arising from the exercise of the Warrants.

The approval granted by Bursa Securities for the above is subject to the following conditions:-

i. Destini and RHB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposals;

ii. Destini and RHB to inform Bursa Securities upon the completion of the Proposals;

iii. Destini to furnish Bursa Securities a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposals are completed;

iv. Destini to furnish Bursa Securities with a certified true copy of the resolutions passed by shareholders at extraordinary general meeting for the Proposals; and
v. Payment of additional listing fees pertaining to the exercise of Warrants. In this respect, Destini is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a details computation of listing fees payable.


This announcement is dated 2 August 2013.


SIGN - OTHERS SIGNATURE INTERNATIONAL BERHAD ("SIGN" or "the Company") - SUBSCRIPTION OF SHARES IN SIGNATURE INTERIORS SDN BHD BY SIGN

Announcement Type: General Announcement
Company NameSIGNATURE INTERNATIONAL BERHAD  
Stock Name SIGN  
Date Announced2 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130802-63196

TypeAnnouncement
SubjectOTHERS
DescriptionSIGNATURE INTERNATIONAL BERHAD ("SIGN" or "the Company") - SUBSCRIPTION OF SHARES IN SIGNATURE INTERIORS SDN BHD BY SIGN

INTRODUCTION
The Board of Directors of SIGN ("the Board") is pleased to announce that SIGN had subscribed for Eighty (80) ordinary shares of RM1.00 each in Signature Interiors Sdn Bhd (Company No. 1043433-K) ("SINT"), representing 80% of the issued and paid-up share capital of SINT, for a total cash consideration of RM80.00 only ("the Subscription"). Following the Subscription, SINT will become a 80%-owned subsidiary of the Company.

INFORMATION ON SINT

SINT was incorporated in Malaysia under the Companies Act, 1965. The current authorised share capital of SINT is RM400,000.00 comprising 400,000 ordinary shares of RM1.00 each whilst the issued and paid-up share capital is RM100.00 comprising 100 ordinary shares of RM1.00 each.

The Directors of SINT are Mr Tan Kee Choong, Mr Chooi Yoey Sun and Mr Lee Khean Leong.

Mr Lee Khean Leong is also a shareholder of SINT, holding 20 ordinary shares of RM1.00 each.

EFFECTS OF THE SUBSCRIPTION

Share Capital
The Subscription does not have any effect on the issued and paid-up share capital of the Company since the purchase consideration for the Subscription was fully satisfied in cash.

Substantial Shareholders' Shareholdings
The Subscription does not have any effect on the substantial shareholders' shareholdings in the Company.

Net Assets per Share and Gearing
The Subscription does not have any material effect on the Net Assets per Share and Gearing in the Company.

Earnings per Share
The Subscription will not have any material impact on the Earnings per Share of the Company.

RATIONALE FOR THE SUBSCRIPTION

The Company intends to diversify into the Interior Fit-Out business activity.

DIRECTORS' AND/OR MAJOR SHAREHOLDERS' AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHAREHOLDER'S INTERESTS

Save for Mr Tan Kee Choong and Mr Chooi Yoey Sun, who are Directors of SIGN and SINT and also major shareholders of SIGN, none of the other Directors of SIGN or persons connected to them has any interest, direct or indirect, in the Subscription.

The Board is not aware of any other major shareholders or persons connected to them having interest, direct or indirect, in the Subscription.

STATEMENT BY BOARD OF DIRECTORS

The Directors of SIGN (save for Mr Tan Kee Choong and Mr Chooi Yoey Sun), having considered all aspects of the Subscription, are of the opinion that the Subscription is in the best interests of SIGN.

APPROVALS REQUIRED

The Subscription is not subject to the approval of shareholders and the relevant government authorities.

This announcement is dated 2 August 2013.


YINSON - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced2 Aug 2013  
CategoryGeneral Announcement
Reference NoMB-130802-64542

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionYINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”)

(I) PROPOSED ACQUISITION; AND
(II) PROPOSED SHARE ISSUANCE

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

This announcement is dated 1 August 2013.

Reference is made to the announcements dated 31 May 2013, 10 June 2013, 12 June 2013, 17 June 2013, 5 July 2013 and 25 July 2013 in relation to the Proposals (“Earlier Announcements”). Unless otherwise defined, all capitalised terms used in this announcement shall have the same meaning ascribed to them in the Earlier Announcements.

Unless otherwise stated, the exchange rates of Norwegian Krone (“NOK”)1.00: RM0.5537 and United States Dollar (“USD”)1.00 : RM3.132, being the selling rate of the exchange rates published by Malayan Banking Berhad on 6 June 2013, being the latest practicable date prior to the execution of the Transaction Agreement, have been used throughout this announcement.

As stated in the Earlier Announcement, YHB Group will fund the Proposed Acquisition (excluding estimated expenses) of NOK995.74 million (equivalent to RM551.34 million/ USD176.04 million) via a combination of bank borrowings, fundraising exercises and internally generated funds.

As the Proposed Acquisition will be via YPL, at the YPL level, YPL proposes to finance the total acquisition cost of the Proposed Acquisition as follows:-


Amount
Source of funds
(RM’mil)
(USD’mil)
YHB’s advances to YPL
46.98
15.00
YHB’s equity injection in YPL
151.39
48.34
YPL’s bank borrowings
352.97
112.70
Total
551.34
176.04
On behalf of the Board of Directors of YHB, AmInvestment Bank Berhad is pleased to announce that the Controller of Foreign Exchange of Bank Negara Malaysia has vide its letter dated 1 August 2013 (which was received on 2 August 2013) approved the following (“BNM Approval”) in relation to the Proposed Acquisition:-

(a) YHB’s foreign currency loan of USD15 million from an offshore bank and to onward advance it to YPL, a wholly-owned subsidiary of YHB;

(b) YHB’s equity injection of USD48.34 million into YPL; and

(c) the provision of corporate guarantees by YHB for:-
      (i) USD112.7 million loan by YPL which was obtained from its financiers to part finance the Proposed Acquisition; and
      (ii) USD110.0 million refinancing loan by FOP and its subsidiaries.


GUNUNG - Changes in Director's Interest (S135) - MALIK PARVEZ AHMAD BIN NAZIR AHMAD

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGUNUNG CAPITAL BERHAD  
Stock Name GUNUNG  
Date Announced2 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCG-130802-88A37

Information Compiled By KLSE

Particulars of Director

NameMALIK PARVEZ AHMAD BIN NAZIR AHMAD
AddressC-0-9 Ampang 971, Jalan Ritchie, 55000 Kuala Lumpur
Descriptions(Class & nominal value)Warrants B (2010/2020)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
01/08/2013
10,000
0.320 

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

Total no of securities after change

Direct (units)10,000 
Direct (%)0.039 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice01/08/2013


GUNUNG - Changes in Director's Interest (S135) - MALIK PARVEZ AHMAD BIN NAZIR AHMAD

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGUNUNG CAPITAL BERHAD  
Stock Name GUNUNG  
Date Announced2 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCG-130801-60936

Information Compiled By KLSE

Particulars of Director

NameMALIK PARVEZ AHMAD BIN NAZIR AHMAD
AddressC-0-9 Ampang 971, Jalan Ritchie, 55000 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.40 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
01/08/2013
5,000
0.805 

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

Total no of securities after change

Direct (units)5,000 
Direct (%)0.004 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice01/08/2013


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

Announcement Type: General Announcement
Company NameMULPHA LAND BERHAD  
Stock Name MULPHAL  
Date Announced2 Aug 2013  
CategoryGeneral Announcement
Reference NoML-130802-51D05

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionMULPHA LAND BERHAD (“the Company”)
- Dealings in Securities during Closed Period

We refer to our announcement made on 29 July 2013 on the notice of intention to deal in the securities of the Company during closed period by Ghazie Yeoh Bin Abdullah.

Pursuant to Chapter 14, Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Ghazie Yeoh Bin Abdullah, the Executive Director of the Company, has given notice of his indirect dealing in the securities of the Company during closed period, details as set out below:-

Date of Acquisition

No. of Shares Acquired

Percentage

(%)

Price per Share

(RM)

Consideration

(RM)

02.08.2013

7,858,160*

8.60

1.00

7,858,160.00

* Acquisition of shares by Pasukan Sehati Sdn Bhd, a company in which Ghazie Yeoh Bin Abdullah has deemed interest pursuant to Section 6A of the Companies Act, 1965.


This announcement is dated 2 August 2013.



WCT - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced2 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-130802-9C6C4

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak, Peti Surat 11025, 50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderLembaga Tabung Haji (53,795,005 Shares)
AmIslamic Fund Management Sdn Bhd (1,530,285 Shares)
Maybank Asset Management Sdn Bhd (1,320,000 Shares)
Asian Islamic Investment Management Sdn Bhd (711,650 Shares)
CIMB-Principal Asset Management Berhad (1,719,400 Shares)
Kenanga Investors Berhad (396,400 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired31/07/2013
980,000
 
Acquired01/08/2013
236,900
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)59,472,740 
Direct (%)5.44 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change59,472,740
Date of notice02/08/2013

Remarks :
Form 29B dated 2 August 2013 was received on 2 August 2013.


WCT - 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 NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced2 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-130802-21FB3

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 RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan DiPerbadankan)("KWAP")- 44,200,390 Shares
KWAP's Fund Managers - 13,898,555 Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed29/07/2013
231,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)58,098,945 
Direct (%)5.32 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change58,098,945
Date of notice02/08/2013

Remarks :
Form 29B dated 2 August 2013 was received on 2 August 2013.


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