DIGISTA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | DIGISTAR CORPORATION BERHAD |
| Stock Name | DIGISTA |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | CK-130902-46936 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DIGISTAR CORPORATION BERHAD (“DIGISTAR” OR “THE COMPANY”) - CONCESSION AGREEMENT ENTERED BETWEEN INDERA PERSADA SDN BHD AND GOVERNMENT OF MALAYSIA |
The Board of Directors of Digistar Corporation Berhad (“Digistar”) is pleased to announce that its subsidiary, Indera Persada Sdn Bhd (“IPSB”) has entered into a Concession Agreement with the Government of Malaysia as represented by the Ministry of Works (“the Government”). Please refer to the attachment for the full announcement. | |
ASDION - MULTIPLE PROPOSALS
| Company Name | ASDION BERHAD (ACE Market) |
| Stock Name | ASDION |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | MI-130902-44807 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | ASDION BERHAD (“ASDION” OR THE “COMPANY”) (I) PROPOSED JOINT VENTURE; (II) PROPOSED DIVERSIFICATION; AND (III) PROPOSED BUY-BACK ARRANGEMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
On behalf of the Board of Directors of Asdion, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake the Proposed Joint Venture, the Proposed Diversification and the Proposed Buy-Back Arrangement (all as defined in the attached complete announcement).
Kindly refer to the attached document for the complete announcement of the Proposals.
This announcement is dated 2 September 2013. | |
KLK - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
| Company Name | KUALA LUMPUR KEPONG BERHAD |
| Stock Name | KLK |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | KL-130902-0A108 |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | KUALA LUMPUR KEPONG BERHAD (“KLK”) - MEMBERS’ VOLUNTARY WINDING-UP OF SUBSIDIARY COMPANY |
We refer to our announcement dated 24 September 2012 in relation to the members’ voluntary winding-up of The Kuala Pertang Syndicate Limited ("KPS"), a wholly-owned subsidiary of KLK and we wish to announce that KPS has filed the Return of Final Winding-Up Meeting with the Companies House, United Kingdom and shall be dissolved accordingly. | |
BIMB - MULTIPLE PROPOSALS
| Company Name | BIMB HOLDINGS BERHAD |
| Stock Name | BIMB |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | OI-130830-54295 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | BIMB HOLDINGS BERHAD (“BHB” OR THE “COMPANY”) (I) PROPOSED ACQUISITIONS BY BHB OF THE REMAINING 49% ISSUED AND PAID-UP SHARE CAPITAL OF BANK ISLAM MALAYSIA BERHAD (“BANK ISLAM”) COMPRISING THE FOLLOWING:- (A) 690,196,000 ORDINARY SHARES OF RM1.00 EACH IN BANK ISLAM (“BANK ISLAM SHARES”) HELD BY DUBAI FINANCIAL GROUP LLC, REPRESENTING APPROXIMATELY 30.47% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BANK ISLAM, FOR A CASH CONSIDERATION OF UNITED STATES DOLLAR (“USD”) 550,000,000; AND (B) 419,894,000 BANK ISLAM SHARES HELD BY LEMBAGA TABUNG HAJI, REPRESENTING APPROXIMATELY 18.53% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BANK ISLAM, FOR A CASH CONSIDERATION OF THE RINGGIT MALAYSIA EQUIVALENT OF USD334,603,069; (COLLECTIVELY REFERRED TO AS “PROPOSED ACQUISITIONS”) (II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 426,715,958 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES” OR “SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 426,715,958 FREE DETACHABLE WARRANTS (“WARRANTS”), ON THE BASIS OF TWO (2) RIGHTS SHARES AND TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING BHB SHARES HELD BY THE ENTITLED SHAREHOLDERS OF BHB ON AN ENTITLEMENT DATE TO BE DETERMINED LATER, AT AN INDICATIVE ISSUE PRICE OF RM3.60 PER RIGHTS SHARE TO RAISE AN INDICATIVE GROSS PROCEEDS OF APPROXIMATELY RM1.536 BILLION (“PROPOSED RIGHTS ISSUE WITH WARRANTS”); AND (III) PROPOSED ISSUE OF 10-YEAR ISLAMIC SECURITIES OF UP TO RM2.200 BILLION IN NOMINAL VALUE TO RAISE AN INDICATIVE GROSS PROCEEDS OF UP TO APPROXIMATELY RM1.471 BILLION (“PROPOSED SUKUK”) (COLLECTIVELY REFERRED TO AS “PROPOSALS”). |
We refer to the announcements dated 1 August 2013, 5 August 2013 and 30 August 2013 in relation to the Proposals (“Announcements”).
Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Announcements. 1. DECISION FROM BANK NEGARA MALAYSIA (“BNM”) On behalf of the Board of Directors of BHB, Bank Islam wishes to announce that BNM has no objection to the Proposed Acquisitions. However, the proposed charge over Bank Islam Shares held by BHB as a security for the Proposed Sukuk cannot be considered by BNM. Nevertheless, BNM has requested BHB to source and notify BNM on suitable alternative assets as security for the Proposed Sukuk. In this regard, the Company is considering the options in relation to the security for the Proposed Sukuk. Any further development on the above will be announced by the Company accordingly. 2. IMPLICATIONS OF THE ISLAMIC FINANCIAL SERVICES ACT, 2013 (“IFSA”) In addition, the Company wishes to draw to the attention of all shareholders of BHB to Section 99 (1) of the IFSA. Section 99 (1) of the IFSA provides, amongst others, that prior approval of BNM is required for any person to:- (a) enter into an agreement or arrangement, to acquire any interest in shares of a licensed person by which, if the agreement or arrangement is carried out, he would hold (together with any interest in shares of that licensed person which are already held by such person) an aggregate interest of 5% or more in the shares of the licensed person; or (b) where approval was obtained previously, enter into any subsequent agreement or arrangement, by which, if the agreement or arrangement is carried out, he would hold an aggregate interest in shares of a licensed person of, or exceeding: (i) any multiple of 5%; or (ii) 33% of the voting share capital of the licensed person. As such, each affected shareholder of BHB is individually responsible for applying and obtaining the prior approval of BNM in the event that the subscription to the Rights Shares and/or the exercise of the Warrants will result in it triggering the thresholds mentioned in Section 99 (1) of the IFSA. For illustration purposes, Mr. A currently holds 5% of the issued and paid-up share capital of BHB. As such, his current effective interest of shareholding in Bank Islam by virtue of his shareholding in BHB is 2.55%note 1. Mr. A intends to subscribe for his entitlements of the Rights Shares. After the subscription for the Rights Shares and upon completion of Proposed Acquisitions, his effective interest of shareholding in Bank Islam by virtue of his shareholding in BHB would increase to 5%note 2. In this instance, Mr. A will be obliged to apply and obtain approval of BNM for triggering the thresholds of Section 99 (1) of the IFSA prior to subscription for the Rights Shares. Note 1- Mr. A’s current shareholding in BHB multiply the shareholding of BHB in Bank Islam of 51%. Note 2- Mr. A’s shareholding in BHB after Proposed Rights Issue with Warrants multiply the shareholding of BHB in Bank Islam of 100% after the Proposed Acquisitions. The statements herein do not purport to be a comprehensive or exhaustive description of all the relevant provisions of, or all implications that may arise under the IFSA or any other relevant legislation or regulations in force in Malaysia. Shareholders of BHB who are in doubt as to whether they would incur any obligation to seek an approval from BNM under the IFSA as a result of the subscription to the Rights Shares and/or the exercise of the Warrants are advised to consult their professional advisers at the earliest opportunity. This announcement is dated 2 September 2013. | |
EUPE - OTHERS EUPE CORPORATION BERHAD (ECB) SETTING UP OF A NEW COMPANY IN AUSTRALIA
| Company Name | EUPE CORPORATION BERHAD |
| Stock Name | EUPE |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | CK-130902-43691 |
| Type | Announcement |
| Subject | OTHERS |
| Description | EUPE CORPORATION BERHAD (ECB) SETTING UP OF A NEW COMPANY IN AUSTRALIA |
The Board of Directors of ECB wishes to announce that Australasia Development Pty Ltd (Company Registration No. 147 112 276) (ADPL), a 70% owned subsidiary of ECB in Australia, has set up a 50% owned company in Australia under the name of The Surrey Sunbury Pty Ltd (Company Registration No. 164 107 368) (TSSPL). Information on new company TSSPL has a total issued and paid up share capital of AUD100 or approximately RM300 comprising of 100 ordinary shares of AUD1.00 each fully paid up. The registered office of TSSPL is situated at Level 9, 167 Queen Street, Melbourne, Victoria 3000, Australia. Currently, TSSPL is a dormant company and the intended nature of business of TSSPL is property development. The directors nominated to sit on the board of TSSPL were as follows:- 1. Dato Beh Huck Lee 2. Yeong Chee Fun 3. Deniz Sivasli 4. Gamze Sivasli The rationale for the setting up of TSSPL is to enable ECB to expand its operation in the property industry in Australia. The setting up of TSSPL has no effect on the issued and paid up share capital of ECB Group. The setting up of TSSPL also will not have any material impact on the net assets, earnings and gearings of ECB Group for the financial year ending 28 February 2014. However, it will be expected to contribute positively to the future earnings prospects of ECB. Dato Beh Huck Lee, who is the Managing Director and major shareholder of ECB, is also the director in ADPL. Save as disclosed above, none of the directors and /or major shareholders of ECB and or person connected with them has any direct or indirect interest in TSSPL. This announcement is dated 02 September 2013 | |
TGOFFS - Additional Listing Announcement
| Company Name | TANJUNG OFFSHORE BERHAD |
| Stock Name | TGOFFS |
| Date Announced | 2 Sept 2013 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | CA-130902-B3C44 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Conversion of Warrants B 2008/2013 to Ordinary Shares |
| No. of shares issued under this corporate proposal | 2,900 |
| Issue price per share ($$) | MYR 0.520 |
| Par Value ($$) | MYR 0.500 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 300,637,837 |
| Currency | MYR 150,318,918.500 |
| Listing Date | 03/09/2013 |
MAGNA - Change of Address
| Company Name | MAGNA PRIMA BERHAD |
| Stock Name | MAGNA |
| Date Announced | 2 Sept 2013 |
| Category | Change of Address |
| Reference No | MP-130725-34437 |
KFM - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | KUANTAN FLOUR MILLS BHD |
| Stock Name | KFM |
| Date Announced | 2 Sept 2013 |
| Category | General Meetings |
| Reference No | CM-130902-45148 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | Kuantan Flour Mills Berhad ( " KFM" or " The Company") NOTICE OF TWENTY NINTH (29TH) ANNUAL GENERAL MEETING Further to the Company’s announcement dated 30th August 2013, the Company wishes to make the following additional explanation in the Explanatory Notes on Special Business for Resolution 6 of the Agenda stated in the Notice of Twenty Ninth (29th ) Annual General Meeting : Explanatory Notes on Special Business As at the date of this Notice, no new shares in the Company were issued pursuant to the mandate granted to the Directors at the last Annual General Meeting held on 26 September 2012 and which will lapse at the conclusion of the forthcoming Annual General Meeting. This announcement is dated 2nd September 2013 |
| Date of Meeting | 26/09/2013 |
| Time | 02:30 PM |
| Venue | THE ZENITH HOTEL, ZENITH 9 & 10, LEVEL 3, JALAN PUTRA SQUARE 6, PUTRA SQUARE, 25200 KUANTAN, PAHANG DARUL MAKMUR, MALAYSIA |
| Date of General Meeting Record of Depositors | 19/09/2013 |
KFM - OTHERS Kuantan Flour Mills Berhad ( " KFM" or " The Company") NOTICE OF TWENTY NINTH (29TH) ANNUAL GENERAL MEETING
| Company Name | KUANTAN FLOUR MILLS BHD |
| Stock Name | KFM |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | CM-130902-42968 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Kuantan Flour Mills Berhad ( " KFM" or " The Company") NOTICE OF TWENTY NINTH (29TH) ANNUAL GENERAL MEETING |
Further to the Company’s announcement dated 30th August 2013, the Company wishes to make the following additional explanation in the Explanatory Notes on Special Business for Resolution 6 of the Agenda stated in the Notice of Twenty Ninth (29th ) Annual General Meeting : Explanatory Notes on Special Business As at the date of this Notice, no new shares in the Company were issued pursuant to the mandate granted to the Directors at the last Annual General Meeting held on 26 September 2012 and which will lapse at the conclusion of the forthcoming Annual General Meeting. This announcement is dated 2nd September 2013 | |
PRDUREN - Annual Report 2013
| Company Name | PERDUREN (M) BERHAD |
| Stock Name | PRDUREN |
| Date Announced | 2 Sept 2013 |
| Category | Document Receipt |
| Reference No | JM-130902-40676 |
| Annual Report for Financial Year Ended | 31/03/2013 |
| Subject | Annual Report 2013 |
No comments:
Post a Comment