August 28, 2013

Company announcements: TENAGA, IPMUDA, MUHIBAH, LBS, HLBANK, DELLOYD

TENAGA - 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 NameTENAGA NASIONAL BHD  
Stock Name TENAGA  
Date Announced28 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTN-130828-32838

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 RM1.00 EACH
Name & address of registered holder1) EMPLOYEES PROVIDENT FUND BOARD, TINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR. 2) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.:- EMPLOYEES PROVIDENT FUND BOARD. 3) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (AMUNDI). 4) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (KIB). 5) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (HDBS). 6) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD ( RHB INV). 7) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (AM INV). 8) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (MAYBAN). 9) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (ALLIANCE). 10) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (NOMURA). 11) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (PHEIM). 12) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (CIMB PRI). 13) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (ARIM). 14) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (TEMPLETON).

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired21/08/2013
6,000,000
 
Disposed21/08/2013
290,000
 
Disposed21/08/2013
1,060,700
 
Disposed21/08/2013
400,000
 

Circumstances by reason of which change has occurred1)PURCHASED OF SHARES MANAGED BY CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.:- EMPLOYEES PROVIDENT FUND BOARD:- 6,000,000
2)SALES OF SHARES MANAGED BY PORTFOLIO MANAGERS:-
i) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (NOMURA).:- 290,000
ii) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (CIMB PRI).:- 1,060,700
iii) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (ARIM).:- 400,000
Nature of interestDIRECT & INDIRECT INTEREST
Direct (units)625,163,082 
Direct (%)89 
Indirect/deemed interest (units)81,162,237 
Indirect/deemed interest (%)11 
Total no of securities after change706,325,319
Date of notice22/08/2013

Remarks :
The Notice Of Change In The Interests Of Substantial Shareholder was received from Citigroup Nominees (Tempatan) Sdn. Bhd. for and on behalf of Employees Provident Fund Board on 28 August 2013.


IPMUDA - Quarterly rpt on consolidated results for the financial period ended 30/6/2013

Announcement Type: Financial Results
Company NameIPMUDA BERHAD  
Stock Name IPMUDA  
Date Announced28 Aug 2013  
CategoryFinancial Results
Reference NoII-130828-56303

Financial Year End31/12/2013
Quarter2
Quarterly report for the financial period ended30/06/2013
The figureshave not been audited

Attachments

Ipm2ndQtr13Result.pdf
228 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2013
30/06/2012
30/06/2013
30/06/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
160,418
179,071
313,240
334,537
2Profit/(loss) before tax
1,747
1,509
2,493
2,166
3Profit/(loss) for the period
795
538
1,034
704
4Profit/(loss) attributable to ordinary equity holders of the parent
769
485
858
689
5Basic earnings/(loss) per share (Subunit)
1.06
0.67
1.18
0.95
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.0900
2.0700
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


IPMUDA - OTHERS IPMUDA BERHAD ("the Company") STATUS OF DEBTS DUE FROM TRADE RECIVABLES AS AT 31 DECEMBER 2007

Announcement Type: General Announcement
Company NameIPMUDA BERHAD  
Stock Name IPMUDA  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoII-130828-62162

TypeAnnouncement
SubjectOTHERS
DescriptionIPMUDA BERHAD ("the Company")
STATUS OF DEBTS DUE FROM TRADE RECIVABLES AS AT 31 DECEMBER 2007

Further to the Company's announcement dated 23 May 2013, the Company now wishes to announce the status as at 30 June 2013 for debts due from trade receivables as at 31 December 2007



IPMUDA - OTHERS IPMUDA BERHAD ("the Company") OUTSTANDING RELATED PARTY RECEIVABLES

Announcement Type: General Announcement
Company NameIPMUDA BERHAD  
Stock Name IPMUDA  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoII-130828-62557

TypeAnnouncement
SubjectOTHERS
DescriptionIPMUDA BERHAD ("the Company")
OUTSTANDING RELATED PARTY RECEIVABLES

We refer to Bursa Malaysia Securities Berhad's letter dated 27 May 2010 in relation to the status of outstanding related party receivables execeeded 12 months as at 30 September 2009.

The Company wishes to announce the status of these debts as at 30 June 2013.



MUHIBAH - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameMUHIBBAH ENGINEERING (M) BHD  
Stock Name MUHIBAH  
Date Announced28 Aug 2013  
CategoryChange in Audit Committee
Reference NoCC-130821-69874

Date of change28/08/2013
NameSobri Bin Abu
Age61
NationalityMalaysian / Malay
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsEn Sobri Bin Abu ("En Sobri") graduated with Master of Science in Advanced Chemical Engineering from the University of Loughborough, England. 
Working experience and occupation En Sobri started his career as a Process Engineer in Esso Malaysia, Port Dickson Refinery. From 1982 to year 1992, he held the position as a Manager in the Petrochemical Projects Department in PETRONAS. Subsequently, he was appointed as Director of Tanjung Offshore Bhd in year 1992. Thereafter, he joined Stone & Webster Engineering and Construction Ltd as a General Manager. From 2002 to year 2005, he was employed as Vice President of Oil & Gas of Ranhill Berhad and is presently self employed. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerEn Sobri has no family relationship with any of the Director and/or the Major Shareholder of Muhibbah Engineering (M) Bhd ("the Company") 
Any conflict of interests that he/she has with the listed issuerEn Sobri has no conflict of interest with the Company and has never been charged for any offence. 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)1. Tuan Haji Mohamed Taib Bin Ibrahim - Chairman (Independent Non-Executive Director)
2. Tan Sri Zakaria Bin Abdul Hamid – Member
(Independent Non-Executive Director)
3. Sobri Bin Abu – Member
(Independent Non-Executive Director)
4. Lim Teik Hin – Member
(Non-Independent and Non-Executive Director)


MUHIBAH - OTHERS MUHIBBAH ENGINEERING (M) BHD ("MEB" or "the Company") - Change in the composition of Nominating and Remuneration Committee

Announcement Type: General Announcement
Company NameMUHIBBAH ENGINEERING (M) BHD  
Stock Name MUHIBAH  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130821-D5FBA

TypeAnnouncement
SubjectOTHERS
DescriptionMUHIBBAH ENGINEERING (M) BHD ("MEB" or "the Company")
- Change in the composition of Nominating and Remuneration Committee

The Board of Directors of MEB wishes to announce that En Sobri Bin Abu has been appointed as a Member of the Nominating Committee and Remuneration Committee of the Company with immediate effect.


The composition of the Nominating Committee members and Remuneration Committee members after the above changes shall constitute as follows:-

Nominating Committee Members

1. Tuan Haji Mohamed Taib Bin Ibrahim - Member (Independent Non-Executive Director)

2. Dato’ Seri Raja Ahmad Zainuddin Bin Raja Haji Omar – Member (Independent Non-Executive Director)

3. Sobri Bin Abu – Member (Independent Non-Executive Director)

Remuneration Committee Members

1. Tuan Haji Mohamed Taib Bin Ibrahim - Chairman (Independent Non-Executive Director)

2. Mac Ngan Boon @ Mac Yin Boon – Member (Managing Director)

3. Ooi Sen Eng – Member (Executive Director)

4. Dato’ Seri Raja Ahmad Zainuddin Bin Raja Haji Omar – Member (Independent Non-Executive Director)

5. Sobri Bin Abu – Member (Independent Non-Executive Director)

This announcement is dated 28 August 2013.



LBS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameLBS BINA GROUP BERHAD  
Stock Name LBS  
Date Announced28 Aug 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoLB-130828-4CCAB

Date of buy back28/08/2013
Description of shares purchasedOrdinary Shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)255,000
Minimum price paid for each share purchased ($$)1.550
Maximum price paid for each share purchased ($$)1.600
Total consideration paid ($$)405,785.53
Number of shares purchased retained in treasury (units)255,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)10,577,000
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 (%)2.57


HLBANK - 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 NameHONG LEONG BANK BERHAD  
Stock Name HLBANK  
Date Announced28 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoHB-130828-4E9EE

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 ("Shares")
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - 249,865,043 Shares
Employees Provident Fund Board - 1,500,000 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (HDBS) - 2,188,200 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) - 1,129,120 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ALLIANCE) - 1,510,000 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) - 7,693,940 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) - 110,200 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ABERDEEN) - 3,030,000 Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/08/2013
300,000
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect
Direct (units)267,026,503 
Direct (%)14.84 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change267,026,503
Date of notice26/08/2013

Remarks :
Received EPF's notice dated 26 August 2013 on 28 August 2013.

This announcement is dated 28 August 2013.


HLBANK - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameHONG LEONG BANK BERHAD  
Stock Name HLBANK  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoHB-130823-9DCE6

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionDISSOLUTION OF SUBSIDIARY

Further to Hong Leong Bank Berhad's (“HLB”) announcement dated 6 March 2012 in connection with the member’s voluntary winding-up of, inter alia, CFB Asa Berhad (“CFB”), a wholly-owned subsidiary of HLB, HLB writes to inform that the liquidator of CFB had convened the final meeting for CFB to conclude the member’s voluntary winding-up of CFB.

The Return by Liquidator Relating to Final Meeting of CFB was lodged on 28 August 2013 with the Companies Commission of Malaysia and the Official Receiver, and on the expiration of 3 months after the said lodgement date, CFB will be dissolved.

This announcement is dated 28 August 2013.



DELLOYD - OTHERS PROPOSED INTERNAL RESTRUCTURING.

Announcement Type: General Announcement
Company NameDELLOYD VENTURES BERHAD  
Stock Name DELLOYD  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoDV-130828-62544

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED INTERNAL RESTRUCTURING.

1. INTRODUCTION

The Board of Directors of DVB (the “Board”) is pleased to announce that the Group of DVB has on 28 August 2013 entered into a sale and purchase agreement for an internal restructuring which involves the transfer of eight (8) parcels of freehold land together with the buildings erected thereon held by Delloyd Industries (M) Sdn Bhd (“DISB”), as the Vendor to Delloyd (Malaysia) Sdn Bhd (“DMSB”), as the Purchaser (“SPA”) (“Proposed Internal Restructuring”). Both DISB and DMSB are wholly-owned subsidiaries of DVB.

2. DETAILS OF THE PROPOSED INTERNAL RESTRUCTURING

The Proposed Internal Restructuring entails the transfer of the following by DISB to DMSB for a total cash consideration of RM38,281,094 (“Consideration”) as follows:-

(a) All that piece of freehold land together with a 2 storey shoplot erected thereon bearing the address at 134, Jalan Kapar 27/89, Taman Alam Megah, Section 27, 40400 Shah Alam, Selangor Darul Ehsan, measuring approximately 761.0368 square metres in area and held under H.S. (D) 29393, PT 4744, Mukim of Damansara, District of Petaling, State of Selangor for a cash consideration of RM678,977.

(b) All that piece of freehold land together with a 2 storey shoplot erected thereon bearing the address at 132, Jalan Kapar 27/89, Taman Alam Megah, Section 27, 40400 Shah Alam, Selangor Darul Ehsan, measuring approximately 761.0368 square metres in area and held under H.S. (D) 29394, PT 4745, Mukim of Damansara, District of Petaling, State of Selangor for a cash consideration of RM678,977.

(c) All that piece of freehold land together with a factory building erected thereon, measuring approximately 20,230 square metres in area and held under Geran 39173, Lot 48938, Mukim of Klang, District of Klang, State of Selangor for a cash consideration of RM9,565,984.

(d) All that piece of freehold land together with a factory building erected thereon bearing the address at Lot 33004/5, Jalan Kebun, Kampung Jawa, 42450 Klang, Selangor Darul Ehsan, measuring approximately 10,116 square metres in area and held under Geran 39174, Lot 48939, Mukim of Klang, District of Klang, State of Selangor for a cash consideration of RM4,235,783.

(e) All that piece of freehold land together with a factory erected thereon bearing the address at Lot 33004/5, Jalan Kebun, Kampung Jawa, 42450 Klang, Selangor Darul Ehsan, measuring approximately 10,116 square metres in area and held under Geran 39175, Lot 48940, Mukim of Klang, District of Klang, State of Selangor for a cash consideration of RM6,730,254.

(f) All that piece of vacant freehold land measuring approximately 21,197 square metres in area and held under H.S. our Million Two Hundred Thirty-(D) 56121, PT 2187, Mukim of Klang, District of Klang, State of Selangor for a cash consideration of RM5,431,158.

(g) All that piece of freehold land together with a factory and building (staff hostel) erected thereon bearing the address at Lot 15, Jalan Jelawai 1, Proton City, 35900 Tanjung Malim, Perak Darul Ridzuan, measuring approximately 20,342.2 square metres in area and held under Geran 98863, Lot 17286, Mukim of Hulu Bernam Timur, District of Batang Padang, State of Perak for a cash consideration of RM8,709,961.

(h) All that piece of vacant freehold land measuring approximately 11,268 square metres in area and held under Geran 98861, Lot 17283, Mukim of Hulu Bernam Timur, District of Batang Padang, State of Perak for a cash consideration of RM2,250,000.

(The properties (a) to (f) are referred to as “Group A Properties” while properties (g) and (h) are referred to as “Group B Properties” and collectively referred to as “Properties”)

No valuation was conducted on these Properties in view that the Properties are transferred between wholly-owned subsidiaries of DVB.

3. RATIONALE FOR THE PROPOSED INTERNAL RESTRUCTURING

The Proposed Internal Restructuring would enable DVB to consolidate and better manage its Properties. The operations of the businesses of DVB currently utilising the Properties would continue without disruptions.

4. SOURCE OF FUNDING

The Proposed Internal Restructuring is funded by internally generated funds.

5. ESTIMATED TIME FRAME FOR COMPLETION

Barring any unforeseen circumstances, the estimated time frame for the completion of the transfer for Group A Properties is three (3) months from the date of the SPA whilst the completion of the transfer for Group B Properties is six (6) months from the date of the SPA.

6. FINANCIAL EFFECTS OF THE PROPOSED INTERNAL RESTRUCTURING

6.1 Share Capital and Substantial Shareholders’ Shareholdings

The Proposed Internal Restructuring will not have any effects on the issued and paid-up share capital and the substantial shareholders’ shareholdings of DVB as the Consideration is in cash.

6.2 Earnings

The Proposed Internal Restructuring will not have any material impact on the earnings of the DVB Group for the year ending 31 March 2014.

6.3 Net Assets

The Proposed Internal Restructuring is not expected to have any material impact on the net assets of the DVB Group based on the latest audited balance sheet of the DVB Group as at 31 March 2013.

6.4 Gearing

The Proposed Internal Restructuring will not have any effect on the gearing as the Consideration is internally funded.

7. RISK FACTORS AND PROSPECTS OF THE PROPOSED INTERNAL RESTRUCTURING

The Proposed Internal Restructuring is not expected to expose the DVB Group to any new business risk.

8. APPROVALS REQUIRED

The Proposed Internal Restructuring is not subject to the approval of shareholders and relevant government authorities save and except for the Group B Properties, the transfers of which are subject to the approval from the authorities of the State of Perak.

9. DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST AND PERSON CONNECTED TO DIRECTORS AND SUBSTANTIAL SHAREHOLDERS

None of the directors and/or substantial shareholders and/or persons connected with the directors or substantial shareholders of DVB have any interest, direct or indirect, in the Proposed Internal Restructuring.

10. STATEMENT BY THE BOARD OF DIRECTORS

In view of the rationale as stated under paragraph 3 above, the Board is of the opinion that the Proposed Internal Restructuring is in the best interest of and not to the detriment of the DVB Group.

11. DEPARTURE FROM SECURITIES COMMISSION’S GUIDELINES

The Proposed Internal Restructuring has not departed from the Securities Commission's Policies and Guidelines on Issue/Offer of Securities.

12. DOCUMENTS FOR INSPECTION

The Agreement is available for inspection at the registered office of DVB at 52A, Lebuh Enggang, 41150 Klang, Selangor Darul Ehsan between 9.00 a.m. to 5.00 p.m. from Monday to Friday (except for public holidays) from date of this announcement for a period of one (1) month.

Our Ref : GA/DVB/08-13/506



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