September 18, 2013

Company announcements: MEDAINC, BJFOOD, BIMB, KPS, MAXIS, YTLPOWR, PERDANA, PA, PWROOT

MEDAINC - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameMEDA INC. BERHAD  
Stock Name MEDAINC  
Date Announced18 Sept 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoMI-130918-40098

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalExercise of Warrant 2011/2021
No. of shares issued under this corporate proposal58,000
Issue price per share ($$)MYR 0.500
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units474,552,092
CurrencyMYR 237,276,046.000
Listing Date19/09/2013


BJFOOD - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameBERJAYA FOOD BERHAD  
Stock Name BJFOOD  
Date Announced18 Sept 2013  
CategoryPDF Submission
Reference NoBF-130918-39327

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE

PART A
PROPOSED RENEWAL OF AND NEW SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

PART B
PROPOSED AUTHORITY TO PURCHASE ITS OWN SHARES BY THE COMPANY

PART C
PROPOSED AMENDMENTS TO THE COMPANY’S ARTICLES OF ASSOCIATION


BIMB - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameBIMB HOLDINGS BERHAD  
Stock Name BIMB  
Date Announced18 Sept 2013  
CategoryGeneral Announcement
Reference NoOI-130917-61234

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionBIMB 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, 30 August 2013 and 2 September 2013 in relation to the Proposals (“Announcements”).

Unless otherwise stated, the capitalised terms used in this announcement shall have the same meaning ascribed to such terms in the Announcements.

On behalf of the Board of Directors of BHB, Bank Islam wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 17 September 2013, approved the following:-

I. Admission to the official list and the listing of and quotation for 426,715,958 Warrants pursuant to the Proposed Rights Issue with Warrants;

II. Listing of and quotation for 426,715,958 BHB Shares pursuant to the Proposed Rights Issue with Warrants; and

III. Listing of and quotation for up to 426,715, 958 BHB Shares pursuant to the exercise of the Warrants.

The approval by Bursa Securities for the Proposed Rights Issue with Warrants is subject to the following conditions:-

1. BHB and its adviser must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Rights Issue with Warrants;

2. BHB and its adviser to inform Bursa Securities upon the completion of the Proposed Rights Issue with Warrants;

3. BHB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue with Warrants are completed;

4. BHB to furnish Bursa Securities on a quarterly basis, a summary of the total number of shares listed pursuant to the exercise of the Warrants as at the end of each quarter together with a detailed computation of listing fees payable;

5. To incorporate Bursa Securities' comments in respect of the circular to the shareholders of BHB; and

6. Letter of confirmation from the adviser confirming all approvals of the relevant authorities have been obtained.

This announcement is dated 18 September 2013.



KPS - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameKUMPULAN PERANGSANG SELANGOR BERHAD  
Stock Name KPS  
Date Announced18 Sept 2013  
CategoryGeneral Meetings
Reference NoMI-130918-47888

Type of MeetingEGM
IndicatorOutcome of Meeting
Date of Meeting18/09/2013
Time10:00 AM
VenueKayangan Ballroom, Quality Hotel Shah Alam, Persiaran Perbandaran, 40000 Shah Alam, Selangor Darul Ehsan
Outcome of Meeting

On behalf of the Board of Directors of Kumpulan Perangsang Selangor Berhad (“KPSB” or the “Company”) (“Board”), AFFIN Investment Bank Berhad is pleased to announce that at the Extraordinary General Meeting (“EGM”) of KPSB held today, the shareholders of KPSB have duly passed the ordinary resolution in relation to the proposed disposal of 254,562,576 ordinary shares of RM1.00 each in Kumpulan Hartanah Selangor Berhad (“Sale Shares”), representing approximately 56.57% equity interest therein to Kumpulan Darul Ehsan Berhad (“KDEB”) for a cash consideration of RM212,814,313.54 or RM0.836 per Sale Share (“Proposed Disposal”) as set out in the Notice of EGM of the Company dated 26 August 2013 which states that subject to the approvals of all relevant authorities and/or parties being obtained and/or relevant requirements for completion being met, approval be and is hereby given to KPSB to:

(i) dispose of the Sale Shares pursuant to the terms and conditions stipulated in the conditional share purchase agreement dated 29 April 2013 entered into between KPSB and KDEB for the Proposed Disposal (“SPA”), including any modifications, variations, amendments and additions thereto from time to time as stipulated in Section 2 of Part A of the circular to the shareholders of KPSB in relation to the Proposed Disposal dated 26 August 2013 (“Circular”); and 

(ii) utilise the proceeds to be obtained from the Proposed Disposal (comprising amongst others, the proposed special dividend to be declared to the entitled shareholders of KPSB at an entitlement date to be determined later subsequent to the completion of the Proposed Disposal) in the manner stipulated in Section 2.5 of Part A of the Circular; and that

 

the Board of Directors of the Company save for YM Raja Haji Idris Raja Kamarudin and Encik Suhaimi Bin Kamaralzaman (“Non-Interested Directors”), be and are hereby empowered and authorised to take all such steps and do all such acts, deeds and things to enter into any arrangements, transactions, agreements and/or undertakings and to execute, enter into, sign and deliver for and on behalf of the Company, all such documents as it may deem necessary, expedient and/or appropriate to implement and give full effect to and complete the Proposed Disposal with full powers to assent to any conditions, modifications, variations and/or amendments as may be required by the relevant authorities or as may be deemed necessary by the Non-Interested Directors and to take all steps and actions as may be required by the relevant authorities or as the Non-Interested Directors may deem necessary and expedient to finalise, implement and give full effect to and complete the Proposed Disposal. The above resolution was done by way of poll, the result which is as follows: 

 

No. of shares voted

Ordinary resolution

For

Against

Abstained

Proposed Disposal

37,909,255

(99.997%)

1,200

(0.003%)

233,000,000

Following the approval of the shareholders of KPSB for the Proposed Disposal, the Board wishes to announce that the conditions precedent as set out in the SPA, including any modifications, variations, amendments and additions thereto from time to time as stipulated in Section 2 of Part A of the Circular have been fulfilled and satisfied. In this regard, the SPA has become unconditional with effect from the date hereof.

This announcement is dated 18 September 2013.



KPS - Special Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameKUMPULAN PERANGSANG SELANGOR BERHAD  
Stock Name KPS  
Date Announced18 Sept 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoKP-130717-AE6A3

EX-date02/10/2013
Entitlement date04/10/2013
Entitlement time05:00:00 PM
Entitlement subjectSpecial Dividend
Entitlement descriptionSpecial dividend of 26.67 sen per share less income tax at 25% in respect of the current financial year ending 31 December 2013.
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel : 03 7841 8000 Fax : 03 7841 8008
Payment date 25/10/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers04/10/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.2667


MAXIS - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameMAXIS BERHAD  
Stock Name MAXIS  
Date Announced18 Sept 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoMM-130911-5A09E

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposal2009 Employee Share Option Scheme
No. of shares issued under this corporate proposal28,400
Issue price per share ($$)MYR 0.000
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units7,502,659,200
CurrencyMYR 750,265,920.000
Listing Date19/09/2013

Remarks :
[Issue price per share ($$): 20,000 shares at RM5.45 and 8,400 shares at RM6.41]


YTLPOWR - 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 NameYTL POWER INTERNATIONAL BHD  
Stock Name YTLPOWR  
Date Announced18 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoYP-130918-53DCB

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 RM0.50 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed12/09/2013
6,000,000
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect
Direct (units)484,966,416 
Direct (%)6.91 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change484,966,416
Date of notice13/09/2013

Remarks :
Form 29B was received on 18 September 2013


PERDANA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced18 Sept 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoCA-130918-B8FFA

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
Yes
Types of corporate proposalOthers
Details of corporate proposalExercise of Warrants
No. of shares issued under this corporate proposal996,100
Issue price per share ($$)MYR 1.000
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units516,374,052
CurrencyMYR 258,187,026.000
Listing Date19/09/2013


PA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced18 Sept 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoMI-130918-40421

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalPrivate Placement
Details of corporate proposalPrivate placement of up to 10% of the issued and paid-up share capital of P.A. Resources Berhad
No. of shares issued under this corporate proposal86,000,000
Issue price per share ($$)MYR 0.118
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units946,531,659
CurrencyMYR 94,653,165.900
Listing Date19/09/2013


PWROOT - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced18 Sept 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoC&-130918-38873

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal3,500
Issue price per share ($$)MYR 0.675
Par Value ($$)MYR 0.200
Latest issued and paid up share capital after the above corporate proposal in the following
Units300,747,000
CurrencyMYR 60,149,400.000
Listing Date19/09/2013

Remarks :
This announcement is dated 18 September 2013.


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