September 20, 2013

Company announcements: ABLEGRP, TOPGLOV, CAB, BKOON, HANDAL, ASIABRN, TIMWELL

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

Announcement Type: General Announcement
Company NameABLEGROUP BERHAD  
Stock Name ABLEGRP  
Date Announced20 Sept 2013  
CategoryGeneral Announcement
Reference NoCC-130920-343FE

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionTERMINATION OF SALE AND PURCHASE AGREEMENT IN RESPECT OF THE PROPOSED ACQUISITION OF A VACANT COMMERCIAL FREEHOLD LAND HELD UNDER H.S.(D) 486580 PTD 156407 MUKIM TEBRAU, DISTRICT OF JOHOR BAHRU, JOHOR DARUL TAKZIM BY SYARIKAT BUKIT GRANITE SDN BHD, A WHOLLY-OWNED SUBSIDIARY COMPANY OF ABLEGROUP BERHAD, FOR A CASH CONSIDERATION OF RM4,945,333 (‘PROPOSED LAND ACQUISITION”)
Further to the announcement dated 29 January 2013 on the Proposed Land Acquisition, the Board of Directors of AbleGroup Berhad (“AGB” or “the Company”) wishes to announce that the sale and purchase agreement (“SPA”) for the Proposed Land Acquisition between Syarikat Bukit Granite Sdn Bhd (“Purchaser”), Goldmount Resources Sdn Bhd (“Vendor”) and Cergas Kuat Sdn Bhd (“Proprietor”), being the parties to the SPA, could not proceed due to non-fulfilment of the conditions precedent stipulated under Clause 3 of the SPA as the Purchaser was unable to obtain approval from the relevant authority for the development order.
The Purchaser’s Solicitors has written to the Vendor’s Solicitors for refund of the deposit amounting to RM494,533.35.

The termination of the SPA will not have any material effect on the earnings and net assets of AGB for the financial year ending 31 December 2013.

This announcement is dated 20 September 2013.


TOPGLOV - 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 NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced20 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-130912-22E6E

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)
Aras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed13/09/2013
200,000
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP
Nature of interestDirect Interest
Direct (units)31,385,500 
Direct (%)5.0604 
Indirect/deemed interest (units)2,587,300 
Indirect/deemed interest (%)0.4172 
Total no of securities after change33,972,800
Date of notice20/09/2013

Remarks :
Top Glove Corporation Bhd received the Form 29B on 20/09/2013.


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

Announcement Type: General Announcement
Company NameCAB CAKARAN CORPORATION BERHAD  
Stock Name CAB  
Date Announced20 Sept 2013  
CategoryGeneral Announcement
Reference NoCP-130513-B04C5

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionCAB CAKARAN CORPORATION BERHAD (“CAB” OR “THE COMPANY”)

DISPOSAL OF 922,500 ORDINARY SHARES OF RM1.00 EACH IN KYROS KEBAB OVERSEAS VENTURES SDN. BHD. BY KYROS INTERNATIONAL SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF CAB FOR A TOTAL CONSIDERATION OF RM1.00 (“DISPOSAL”)

Please refer to the attachment for further details on the Acquisition.

This announcement is dated 20 September 2013. 

Attachments

Appendix.doc
47 KB



BKOON - Changes in Director's Interest (S135) - Chong Chun Chieh

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameBOON KOON GROUP BERHAD  
Stock Name BKOON  
Date Announced20 Sept 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130920-54459

Information Compiled By KLSE

Particulars of Director

NameChong Chun Chieh
AddressNo. 5 Lorong 6
Jalan Bunga Tanjung
09000 Kulim
Kedah
Descriptions(Class & nominal value)Ordinary Shares of RM0.20 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
20/09/2013
2,600,000
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)2,600,000 
Direct (%)0.94 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice20/09/2013


HANDAL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameHANDAL RESOURCES BERHAD  
Stock Name HANDAL  
Date Announced20 Sept 2013  
CategoryGeneral Announcement
Reference NoMI-130920-55816

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionHANDAL RESOURCES BERHAD (“HRB” OR THE “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HRB (“PROPOSED PRIVATE PLACEMENT”)

We refer to the announcement made on behalf of the Board of Directors of HRB (“Board”), by RHB Investment Bank (“RHBIB”) on 17 September 2013 with regards to the Proposed Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the announcement dated 17 September 2013 in relation to the Proposed Private Placement.

On behalf of the Board, RHB Investment Bank Berhad wishes to provide further clarification on the proposed utilisation of the proceeds raised from the Proposed Private Placement which have been earmarked for working capital purposes (“Proceeds for Working Capital”).

The breakdown of the utilisation of the Proceeds for Working Capital are set out as follows:-

No.

Purpose

Minimum Scenario

Maximum Scenario

(a)

Operating Expenses:-

(i) Purchase of raw materials

151

277

(ii) Wages and salaries

(iii) Other operating expenses(rental , utilities, audit fee & tax fee)

840

112

1,520

203

(b)

Marketing expenses

35

63

(c)

Repayment of bank borrowings

2,562

4,637

Any variation in terms of the gross proceeds raised from the Proposed Private Placement will be adjusted against the amount allocated for working capital purposes. Pending utilisation of proceeds from the Proposed Private Placement, the proceeds will be placed with financial institutions or invested in short-term money market instruments.

This announcement is dated 20 September 2013.



ASIABRN - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameASIA BRANDS BERHAD  
Stock Name ASIABRN  
Date Announced20 Sept 2013  
CategoryGeneral Meetings
Reference NoCS-130920-2847E

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting20/09/2013
Time09:00 AM
VenueConference Room of the Company at Lot 10449, Jalan Nenas, Batu 4 , Kampung Jawa, 41000 Klang, Selangor Darul Ehsan
Outcome of Meeting
ASIA BRANDS BERHAD (formerly known as Hing Yiap Group Berhad) ("ABB" or "the Company")
- Thirty-Eighth Annual General Meeting ("38th AGM")

The Board of Directors of ABB wishes to inform that
all the resolutions set out in the Notice of 38th AGM of the Company dated 28 August 2013 were duly passed at the 38th AGM of the Company.
This announcement is dated 20 September 2013 .


TIMWELL - Changes in Sub. S-hldr's Int. (29B) - Tan Tjeng Hok @ Lam Hak Ming

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced20 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTT-130920-15BE3

Particulars of substantial Securities Holder

NameTan Tjeng Hok @ Lam Hak Ming
AddressP.O. Box 10827
88809 Kota Kinabalu
Sabah
NRIC/Passport No/Company No.240730-71-5247
Nationality/Country of incorporationPermanent Resident in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder1) Tan Tjeng Hok @ Lam Hak Ming
P.O.Box 10827
88809 Kota Kinabalu
Sabah

2) RHB Nominees (Asing) Sdn. Bhd.
(formerly known as OSK Nominees (Asing) Sdn. Bhd.)
Tingkat 5, Wisma BSN Sabah
Jalan Kemajuan Karamunsing
88000 Kota Kinabalu
Sabah

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/09/2013
5,000
0.461 

Circumstances by reason of which change has occurredAcquisition of shares in open market
Nature of interestDirect interest
Direct (units)19,168,200 
Direct (%)21.53 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change19,168,200
Date of notice18/09/2013

Remarks :
The Form 29B was received by the Company on 18 September 2013.


TIMWELL - Changes in Sub. S-hldr's Int. (29B) - Lam Soei Tin @ Agnes Lam

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced20 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTT-130920-15BEB

Particulars of substantial Securities Holder

NameLam Soei Tin @ Agnes Lam
AddressC2-02 Marina Court
88000 Kota Kinabalu
Sabah
NRIC/Passport No/Company No.500320665
Nationality/Country of incorporationBritish
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderTan Tjeng Hok @ Lam Hak Ming
P.O. Box 10827
88809 Kota Kinabalu
Sabah

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/09/2013
5,000
0.461 

Circumstances by reason of which change has occurredAcquisition of shares in open market by her father, Tan Tjeng Hok @ Lam Hak Ming
Nature of interestIndirect interest via shares held by connected person
Direct (units)210,000 
Direct (%)0.24 
Indirect/deemed interest (units)28,323,998 
Indirect/deemed interest (%)31.81 
Total no of securities after change28,533,998
Date of notice18/09/2013

Remarks :
The Form 29B was received by the Company on 18 September 2013.


TIMWELL - Changes in Director's Interest (S135) - Lam Soei Tin @ Agnes Lam

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced20 Sept 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTT-130918-4EEB3

Information Compiled By KLSE

Particulars of Director

NameLam Soei Tin @ Agnes Lam
AddressC2-02 Marina Court
88000 Kota Kinabalu
Sabah
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
17/09/2013
5,000
0.450 

Circumstances by reason of which change has occurredAcquisition of shares in open market by her father, Tan Tjeng Hok @ Lam Hak Ming
Nature of interestIndirect interest via shares held by connected person
Consideration (if any) 

Total no of securities after change

Direct (units)210,000 
Direct (%)0.24 
Indirect/deemed interest (units)28,318,998 
Indirect/deemed interest (%)31.8 
Date of notice17/09/2013

Remarks :
The Notification Letter was received by the Company on 17 September 2013.


TIMWELL - Changes in Director's Interest (S135) - Lam Soei Tin @ Agnes Lam

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL  
Date Announced20 Sept 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTT-130920-15BDA

Information Compiled By KLSE

Particulars of Director

NameLam Soei Tin @ Agnes Lam
AddressC2-02 Marina Court
88000 Kota Kinabalu
Sabah
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
18/09/2013
5,000
0.461 

Circumstances by reason of which change has occurredAcquisition of shares in open market by her father, Tan Tjeng Hok @ Lam Hak Ming
Nature of interestIndirect interest via shares held by connected person
Consideration (if any) 

Total no of securities after change

Direct (units)210,000 
Direct (%)0.24 
Indirect/deemed interest (units)28,323,998 
Indirect/deemed interest (%)31.81 
Date of notice18/09/2013

Remarks :
The Notification Letter was received by the Company on 18 September 2013.


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