August 6, 2013

Company announcements: YTLPOWR, DIGI, SCOMIES, POHUAT, HAISAN, PWROOT, DIALOG, HEXAGON

YTLPOWR - Changes in Director's Interest (S135) - Dato' (Dr) Yahya bin Ismail

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameYTL POWER INTERNATIONAL BHD  
Stock Name YTLPOWR  
Date Announced6 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoYP-130806-673CA

Information Compiled By KLSE

Particulars of Director

NameDato' (Dr) Yahya bin Ismail
AddressNo. 3, Jalan Laksamana 12/1
Descriptions(Class & nominal value)40000 Shah Alam, Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
28/06/2013
60,000
 
Disposed
01/07/2013
13,000
 

Circumstances by reason of which change has occurredDisposal in the open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)270,000 
Direct (%)
Indirect/deemed interest (units)38,610 
Indirect/deemed interest (%)
Date of notice06/08/2013


DIGI - 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 NameDIGI.COM BERHAD  
Stock Name DIGI  
Date Announced6 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130806-08754

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 incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.01 each
Name & address of registered holder1) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
2) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM)
Level 42, Menara Citibank

165 Jalan Ampang

50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed01/08/2013
3,331,700
 
Acquired01/08/2013
200,000
 

Circumstances by reason of which change has occurred1) Disposed
2) Acquired
Nature of interestDirect
Direct (units)1,138,008,140 
Direct (%)14.64 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,138,008,140
Date of notice02/08/2013

Remarks :
The total number of 1,138,008,140 Ordinary Shares of RM0.01 each are held as follows:-

1) 1,053,372,650 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;

2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board;

3) 2,070,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB);

4) 9,685,200 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS);

5) 2,700,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV);

6) 3,207,500 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV);

7) 450,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN);

8) 3,540,600 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ALLIANCE);

9) 35,390,890 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA);
10) 2,748,200 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI);

11) 1,800,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM);
12) 594,200 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON); and

13) 7,657,900 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN).



The Form 29B was received by the Company on 6 August 2013.


SCOMIES - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameSCOMI ENERGY SERVICES BHD  
Stock Name SCOMIES  
Date Announced6 Aug 2013  
CategoryGeneral Announcement
Reference NoSE-130806-823D9

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionPursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Scomi Energy Services Bhd (formerly known as Scomi Marine Bhd) (“the Company”) wishes to announce that the Company has received a notification from Shah Hakim @ Shahzanim Bin Zain (“SHZ”), the Chief Executive Officer/Director of the Company, of his intention to deal in the securities of the Company during closed period.

This announcement is dated 6 August 2013.

The current shareholding of SHZ in the Company is given as below:-

Securities

Direct Interest

% of Shares

Indirect Interest

% of Shares

Ordinary share of RM0.45 each

2,108,000 (1)

0.090

5,056,900 (2)

0.22

Note:

(1) Held through Maybank Securities Nominees (Tempatan) Sdn Bhd

(2) Deemed interested by virtue of Section 6A(4) of the Companies Act, 1965 through his shareholding in Rentak Rimbun Sdn Bhd. KAF Nominees (Tempatan) Sdn Bhd pledged securities Account for Rentak Rimbun Sdn Bhd (RE001)



POHUAT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePOH HUAT RESOURCES HOLDINGS BERHAD  
Stock Name POHUAT  
Date Announced6 Aug 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-130806-61848

Date of buy back06/08/2013
Description of shares purchasedOrdinary shares of RM1-00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)95,000
Minimum price paid for each share purchased ($$)0.650
Maximum price paid for each share purchased ($$)0.665
Total consideration paid ($$)62,655.16
Number of shares purchased retained in treasury (units)95,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,371,800
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 (%)5.62

Remarks :
The percentage of treasury shares was determined based on the outstanding shares listed on the Exchange.


POHUAT - Changes in Director's Interest (S135) - TAY KIM HUAT

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePOH HUAT RESOURCES HOLDINGS BERHAD  
Stock Name POHUAT  
Date Announced6 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCM-130806-62728

Information Compiled By KLSE

Particulars of Director

NameTAY KIM HUAT
Address51 Jalan Majidi
84000 Muar Johor
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)
Acquired
05/08/2013
52,000
0.618 

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

Total no of securities after change

Direct (units)25,557,838 
Direct (%)23.88 
Indirect/deemed interest (units)5,169,436 
Indirect/deemed interest (%)4.83 
Date of notice06/08/2013

Remarks :
1) The above acquisition represented 0.05% of the total issued and paid up share capital of the Company after excluding a total of 6,371,800 Poh Huat shares purchased and retained as treasury shares.

2) This announcement serves as an announcement pursuant to paragraph 14.09(a) of the Main Market Listing Requirements for dealing outside closed period.


POHUAT - Changes in Sub. S-hldr's Int. (29B) - TAY KIM HUAT

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePOH HUAT RESOURCES HOLDINGS BERHAD  
Stock Name POHUAT  
Date Announced6 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-130806-63142

Particulars of substantial Securities Holder

NameTAY KIM HUAT
Address51 Jalan Majidi
84000 Muar Johor
NRIC/Passport No/Company No.550601-01-5635
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1-00 each
Name & address of registered holderTAY KIM HUAT
51 Jalan Majidi
84000 Muar Johor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/08/2013
52,000
0.618 

Circumstances by reason of which change has occurredOpen market deal
Nature of interestDirect interest
Direct (units)25,557,838 
Direct (%)23.88 
Indirect/deemed interest (units)5,169,436 
Indirect/deemed interest (%)4.83 
Total no of securities after change30,727,274
Date of notice06/08/2013

Remarks :
1) The above acquisition represented 0.05% of the total issued and paid up share capital of the Company after excluding a total of 6,371,800 Poh Huat shares purchased and retained as treasury shares.

2) This announcement serves as an announcement pursuant to paragraph 14.09(a) of the Main Market Listing Requirements for dealing outside closed period.


HAISAN - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN

Announcement Type: General Announcement
Company NameHAISAN RESOURCES BERHAD  
Stock Name HAISAN  
Date Announced6 Aug 2013  
CategoryGeneral Announcement
Reference NoMM-130806-57529

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
DescriptionHAISAN RESOURCES BERHAD (“HAISAN” OR “COMPANY”)

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED M&A AMENDMENTS;
(III) PROPOSED PRIVATE PLACEMENT;
(IV) PROPOSED RIGHTS ISSUE; AND
(V) PROPOSED EXEMPTION

(COLLECTIVELY REFERRED TO AS THE PROPOSED REGULARISATION PLAN)

(The abbreviations and words used in the ensuing sections of this Announcement shall have the same meanings as defined in the announcement dated 6 March 2013 unless the context otherwise requires or defined herewith.)

Reference is made to the Company’s announcement dated 6 March 2013, 8 March 2013, 13 March 2013 and 8 May 2013 on the Proposed Regularisation Plan.

On behalf of the Board of Directors of Haisan (“Board”), Public Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 5 August 2013 (which was received on 6 August 2013), decided to reject the Proposed Regularisation Plan as Bursa Securities is of the opinion that the Proposed Regularisation Plan does not comply with Paragraph 3.1(a) of Practice Note 17 of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) which specifies that the regularisation plan must be sufficiently comprehensive and capable of resolving all problems, financial or otherwise that had caused the Company to trigger the Prescribed Criteria (as defined in the Listing Requirements).

In relation to the above, the securities of the Company shall be removed from the Official List of Bursa Securities on such date as may be specified by Bursa Securities, subject to the Company’s right to appeal against the rejection of the regularisation plan pursuant to Paragraph 8.04(4) of the Listing Requirements.

The Board will deliberate on the next course of action to be taken and an announcement will be made in due course. Pursuant to Paragraph 8.04(4) of the Listing requirements, Haisan may appeal against the decision of Bursa Securities within one (1) month from 5 August 2013.

This announcement is dated 6 August 2013.



PWROOT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced6 Aug 2013  
CategoryGeneral Announcement
Reference NoMI-130806-64987

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionPOWER ROOT BERHAD (“POWER ROOT” OR THE “COMPANY”)

DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF POWER ROOT THE OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM0.20 EACH IN POWER ROOT (“DRP”)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcements dated 29 April 2013, 23 May 2013, 3 June 2013, 7 June 2013, 12 June 2013 and 29 July 2013 in relation to the DRP.

We refer to the announcements dated 29 April 2013, 23 May 2013, 3 June 2013, 7 June 2013, 12 June 2013 and 29 July 2013 in relation to the above.

Following the Company’s extraordinary general meeting held on 29 July 2013, on behalf of the Board of Directors of Power Root (“Board”), RHB Investment Bank Berhad wishes to announce the following:

(a) that the DRP shall apply to the final dividend of RM0.04 for the financial year ended 28 February 2013 (“Final Dividend”), which was proposed by Power Root on 29 April 2013 and subsequently approved by the shareholders of Power Root at the Company’s Seventh Annual General Meeting held on 29 July 2013, and that 20% of the Final Dividend can be elected to be reinvested in new ordinary shares of RM0.20 each in Power Root pursuant to the DRP (“New Share(s)”)(“First DRP”);

(b) that the issue price for the New Shares (“Issue Price”) to be issued pursuant to the First DRP, which was fixed today (“Price Fixing Date”), is RM1.82 per Share. The Issue Price was computed based on the adjusted volume weighted average market price of Power Root Shares for the five market days (up to and including 5 August 2013) prior to the Price Fixing Date of approximately RM2.06 after deducting the Final Dividend of RM0.04 per Share and thereafter, applying a discount of approximately 10%; and

(c) that the Books Closure Date for the Final Dividend and First DRP shall be 28 August 2013. Barring any unforeseen circumstances, the New Shares will be listed on the Main Market of Bursa Malaysia Securities Berhad by 24 September 2013.

This announcement is dated 6 August 2013.


DIALOG - 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 NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced6 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-130806-DE04A

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 RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired01/08/2013
1,500,000
 
Disposed01/08/2013
100,000
 

Circumstances by reason of which change has occurredPurchase and disposal of shares
Nature of interestDirect
Direct (units)380,393,235 
Direct (%)15.79 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change380,393,235
Date of notice06/08/2013

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - 312,709,694 shares
Employees Provident Fund Board - 1,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 1,485,054 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 8,059,300 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 21,866,367 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) (Acquired 1,500,000 shares)- 9,985,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 18,437,820 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 2,250,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 1,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) (Disposed 100,000 shares) - 2,600,000 shares

Total No. of shares - 380,393,235 shares


HEXAGON - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHEXAGON HOLDINGS BHD  
Stock Name HEXAGON  
Date Announced6 Aug 2013  
CategoryGeneral Announcement
Reference NoCM-130806-55015

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHEXAGON HOLDINGS BERHAD (“HHB” or “the Company”) Letter of Demand (“Demand”) By Bank Muamalat Malaysia Berhad (“BMMB”)

The Board of Directors of HHB wishes to announce that on 6 August 2013, two Letters of Demand (“Demand”) dated 22 July 2013 had been served on the Company by Messrs Shearn Delamore & Co (the “Solicitor”) acting for Bank Muamalat Malaysia Berhad (“BMMB”).

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

The Banking Facility was granted to Hexagon Tower Sdn Bhd (“HTSB”) (“In Liquidation”) which was the wholly owned subsidiary company of HHB prior to its liquidation. The Facility is secured by inter alia a Corporate Guarantee executed by HHB.

The reason leading to the Demand was due to the winding up of HTSB which thereby committed an event of default under the Facility and HHB has guaranteed the repayment on demand of all monies owing or incurred by HTSB to BMMB pursuant to the Corporate Guarantee duly executed by HHB.

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

The Banking Facility was granted to Advanced Metal Substrate Technology Sdn Bhd (“AMST”) (“In Liquidation”) which was the wholly owned subsidiary company of HHB prior to its liquidation. The Facility is secured by inter alia a Corporate Guarantee executed by HHB.

The reason leading to the Demand was due to the winding up of AMST which thereby committed an event of default under the Facility and HHB has guaranteed the repayment on demand of all monies owing or incurred by AMST to BMMB pursuant to the Corporate Guarantee duly executed by HHB.

HHB is given seven (7) days from the receipt of the abovementioned Demands to pay the aforesaid sum failing which, further legal actions that deemed necessary may be taken against HHB and any part of the demand sum made to BMMB shall be deemed received by BMMB without prejudice to its rights to take any further actions as may be deemed necessary.

HHB is in the midst of seeking legal advice to defend against the aforesaid Demand. If the Demand would subsequent crystallize, the potential liabilities would have financial and operation impact to the Company.

Further announcement on the material development of the above matter will be made in due course.

This announcement is dated 6 August 2013.



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