September 26, 2013

Company announcements: IRMGRP, HELP, SCGM, HANDAL, DIALOG, DAIBOCI, KFM, BREM

IRMGRP - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameIRM GROUP BERHAD  
Stock Name IRMGRP  
Date Announced26 Sept 2013  
CategoryGeneral Announcement
Reference NoCS-130926-44C34

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionIRM GROUP BERHAD (“IRMGB” or “the Company”)
- Letter of Demand (“Demand”) By CIMB Bank Berhad ("CIMB")
IRM Group Berhad ("IRMGB" or "The Company") wishes to announce that a Letter of Demand (“Demand”) dated 23 September 2013 had been served on the Company by Messrs. Anad & Noraini, acting for and on behalf of CIMB Bank Berhad (“CIMB”), demanding payment of a sum of RM26,402,833.27 (As at 13 September 2013) together with the interest accruing thereon from 14 September 2013 till date of full settlement owing by Industrial Resins (Malaysia) Sdn. Bhd. (“IRMSB”), a wholly-owned subsidiary of IRMGB to CIMB. The Demand was received by the Company on 25 September 2013.
The Company had guaranteed CIMB payment of the following sums that are due and owing by IRMSB:-


Facility
Principal
Interest and penalty interest as at 13 September 2013
Oustanding sum as at 13 September 2013
Default rate chargeable
Banker's Acceptance
RM15,921,000.00
RM852,797.64
RM16,773,797.64
2.5% per annum plus Base Lending Rate on daily rest basis
Documentary Credit / Letter of Credit
RM9,107,838.75
RM521,196.88
RM9,629,035.63
2.0% per annum plus Base Lending Rate on daily rest basis
Total:
RM25,028,838.75
RM1,373,994.52
RM26,402,833.27
The reason leading to the Demand was due to the failure of IRMSB to pay CIMB the sums which are due and owing under the aforesaid facilities.

The Company is given fourteen (14) days from the date of the Demand to pay the aforesaid sum of RM26,402,833.27 (As at 13 September 2013) together with the interest accruing thereon from 14 September 2013 till date of full settlement, failing which, CIMB shall commence with civil / foreclosure proceedings against the Company / IRMSB.

The Company and IRMSB is in the midst of seeking legal advice to defend against the aforesaid Demand and in the process of reorganising its' restructuring plan.

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

This announcement is dated 26 September 2013.


HELP - Quarterly rpt on consolidated results for the financial period ended 31/7/2013

Announcement Type: Financial Results
Company NameHELP INTERNATIONAL CORPORATION BERHAD  
Stock Name HELP  
Date Announced26 Sept 2013  
CategoryFinancial Results
Reference NoCS-130926-3C72A

Financial Year End31/10/2013
Quarter3
Quarterly report for the financial period ended31/07/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/07/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/07/2013
31/07/2012
31/07/2013
31/07/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
28,018
25,411
90,414
86,993
2Profit/(loss) before tax
1,074
907
11,952
14,576
3Profit/(loss) for the period
442
330
7,380
9,045
4Profit/(loss) attributable to ordinary equity holders of the parent
442
330
7,380
9,045
5Basic earnings/(loss) per share (Subunit)
0.30
0.20
5.20
6.40
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 ($$)
0.9900
0.9600
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


SCGM - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameSCGM BHD  
Stock Name SCGM  
Date Announced26 Sept 2013  
CategoryGeneral Meetings
Reference NoCC-130925-59861

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting26/09/2013
Time02:00 PM
VenueOffice of SCGM Bhd, Lot 3304, Batu 24 , Jalan Kulai - Air Hitam, 81000 Kulai, Johor.
Outcome of Meeting

The Company wishes to announce that all the resolutions as set out in the Notice of Sixth Annual General Meeting ("6th AGM") dated 30 August 2013 were duly passed and carried at the 6th AGM of the Company held on 26 September 2013.


SCGM - Quarterly rpt on consolidated results for the financial period ended 31/7/2013

Announcement Type: Financial Results
Company NameSCGM BHD  
Stock Name SCGM  
Date Announced26 Sept 2013  
CategoryFinancial Results
Reference NoCC-130926-59023

Financial Year End30/04/2014
Quarter1
Quarterly report for the financial period ended31/07/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/07/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/07/2013
31/07/2012
31/07/2013
31/07/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
25,744
25,545
25,744
25,545
2Profit/(loss) before tax
3,384
2,547
3,384
2,547
3Profit/(loss) for the period
3,127
2,187
3,127
2,187
4Profit/(loss) attributable to ordinary equity holders of the parent
3,127
2,187
3,127
2,187
5Basic earnings/(loss) per share (Subunit)
3.91
2.73
3.91
2.73
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 ($$)
0.8628
0.8237
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


HANDAL - OTHERS HANDAL RESOURCES BERHAD (“HRB” or “the Company”) Letter of Award to Handal Engineering Sdn Bhd for engineering, procurement, construction and commissioning work for Kemaman Bitumen Company Sdn Bhd

Announcement Type: General Announcement
Company NameHANDAL RESOURCES BERHAD  
Stock Name HANDAL  
Date Announced26 Sept 2013  
CategoryGeneral Announcement
Reference NoCA-130926-50850

TypeAnnouncement
SubjectOTHERS
DescriptionHANDAL RESOURCES BERHAD (“HRB” or “the Company”)
Letter of Award to Handal Engineering Sdn Bhd for engineering, procurement, construction and commissioning work for Kemaman Bitumen Company Sdn Bhd
The Company is pleased to announce that Handal Engineering Sdn Bhd (“HESB”), a wholly-owned subsidiary of the Company, has received a Letter of Award from Kemaman Bitumen Company Sdn Bhd for engineering, procurement, construction and commissioning of Crude Distillation Unit/Vacuum Distillation Unit revamp work for Kemaman Bitumen Refinery of Kemaman Bitumen Company Sdn Bhd. The contract effective commencement date is 1st October 2013 for a contract period of seven (7) months. The contract price is at the fixed, non-escalating, lump sum price of RM17,995,000.00 (Ringgit Malaysia : Seventeen Million Nine Hundred and Ninety Five Thousand Only).
The contract is expected to contribute positively to the revenue and earnings and net assets per share of the HRB Group for the financial year ending 31 December 2013 and 2014.

The risks associated with the contract are normal operational risks which can be mitigated through HRB system of project management and internal business controls.

None of the Directors or major shareholders of HRB or persons connected to them have any interest, direct or indirect, in the above contract award.

This announcement is dated 26 September 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 Announced26 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-130926-63A80

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)
Acquired23/09/2013
476,100
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Direct (units)390,912,435 
Direct (%)16.23 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change390,912,435
Date of notice26/09/2013

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquired 476,100 shares) - 325,630,094 shares
Employees Provident Fund Board - 1,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 785,054 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 5,559,300 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 23,265,167 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 13,485,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 17,137,820 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 850,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 2,700,000 shares

Total No. of shares - 390,912,435 shares


DAIBOCI - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company NameDAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.  
Stock Name DAIBOCI  
Date Announced26 Sept 2013  
CategoryNotice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Reference NoDP-130926-21B06

Date of transaction26/09/2013
CurrencyMalaysian Ringgit (MYR)
Total number of treasury shares sold (units)100,000 
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$)3.480 
Maximum price paid for each share sold ($$)3.480 
Total amount received for treasury shares sold ($$)346,651.60 
Cumulative net outstanding treasury shares as at to-date (units)547,200 
Adjusted issued capital after cancellation/resale
(no. of shares) (units)


KFM - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameKUANTAN FLOUR MILLS BHD  
Stock Name KFM  
Date Announced26 Sept 2013  
CategoryGeneral Meetings
Reference NoCM-130926-57748

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting26/09/2013
Time02:30 PM
VenueThe Zenith Hotel, Zenith 9 & 10, Level 3, Jalan Putra Square 6,Putra Square, 25200 Kuantan, Pahang Darul Makmur
Outcome of Meeting

The Company is pleased to inform the Exchange that at the Twenty Ninth Annual General Meeting (“29th AGM”) of the Company held on Thursday, 26th September 2013 , all the resolutions as set out in the notice convening the said Annual General Meeting dated 2nd September 2013 have been duly approved by the shareholders of the Company

This announcement dated 26th September 2013.



BREM - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameBREM HOLDING BERHAD  
Stock Name BREM  
Date Announced26 Sept 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCS-130926-A1BFA

Date of buy back from12/09/2013
Date of buy back to13/09/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)18,000
Minimum price paid for each share purchased ($$)1.180
Maximum price paid for each share purchased ($$)1.190
Total amount paid for shares purchased ($$)21,445.99
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)18,000
Total number of shares retained in treasury (units)4,428,631
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies26/09/2013
Lodged by T & S SECRETARIAL SERVICES SDN. BHD.


BREM - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameBREM HOLDING BERHAD  
Stock Name BREM  
Date Announced26 Sept 2013  
CategoryGeneral Meetings
Reference NoCS-130925-322A4

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting26/09/2013
Time10:30 AM
VenueCrown Hall, 1st Floor, Crystal Crown Hotel,
No. 12, Lorong Utara A, off Jalan Utara,
46200 Petaling Jaya, Selangor Darul Ehsan
Outcome of Meeting

The Board of Directors of Brem Holding Berhad is pleased to inform that the 32nd Annual General Meeting ("AGM") of the Company was duly convened and held on Thursday, 26 September 2013.

At the said meeting, all the Resolutions as per the Notice of AGM dated 4 September 2013 were approved by the shareholders by way of a show of hands.

This announcement is dated 26 September 2013.

 


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