September 4, 2013

Company announcements: PERDANA, YFG, PICORP, HAIO, PRDUREN, PRLEXUS, TSH, RCECAP, MITRA

PERDANA - Changes in Sub. S-hldr's Int. (29B) - Dato' Kho Poh Eng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced4 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130904-31FD2

Particulars of substantial Securities Holder

NameDato’ Kho Poh Eng
Address22 SS 24/12
Taman Megah
47301 Petaling Jaya
Selangor
NRIC/Passport No/Company No.570721-13-5031
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderDato’ Kho Poh Eng
22 SS 24/12
Taman Megah
47301 Petaling Jaya
Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2013
47,300
1.730 
Acquired03/09/2013
100,000
1.740 
Acquired04/09/2013
200,000
1.727 

Circumstances by reason of which change has occurredPurchase on open market
Nature of interestDirect and Indirect
Direct (units)26,334,978 
Direct (%)5.11 
Indirect/deemed interest (units)100,000 
Indirect/deemed interest (%)0.02 
Total no of securities after change26,434,978
Date of notice04/09/2013

Remarks :
This Form 29B was received by the Company on 4 September 2013


YFG - Changes in Sub. S-hldr's Int. (29B) - General Technology Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYFG BERHAD  
Stock Name YFG  
Date Announced4 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130904-AC895

Particulars of substantial Securities Holder

NameGeneral Technology Sdn Bhd
AddressE10-25, Menara Melawangi
Pusat Perdagangan Amcorp
No. 18, Jalan Persiaran Barat
46050 Selangor
NRIC/Passport No/Company No.80076-H
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderCIMSEC Nominees (Tempatan) Sdn Bhd
-CIMB for General Technology Sdn Bhd (PB)
9th Floor, Commerce Square
Jalan Semantan
Damansara Heights
50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Transferred12/08/2013
15,800,000
 

Circumstances by reason of which change has occurredTransfer of 15,800,000 shares from General Technology Sdn Bhd's account to its account maintained with CIMSEC Nominees (Tempatan) Sdn Bhd
Nature of interestDirect Interest
Direct (units)58,684,717 
Direct (%)9.63 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change58,684,717
Date of notice04/09/2013

Remarks :
General Technology Sdn. Bhd.'s direct interest in YFG Berhad (Formerly known as PJI Holdings Berhad):-

(i) Name of Registered Holder - CIMSEC Nominees (Tempatan) Sdn Bhd (58,684,717 shares or 9.63%)



PICORP - PICORP - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NamePROGRESSIVE IMPACT CORPORATION BERHAD  
Stock Name PICORP  
Date Announced4 Sept 2013  
CategoryListing Circular
Reference NoRN-130903-35687

LISTING'S CIRCULAR NO. L/Q : 68744 OF 2013


    Interim Dividend in respect of the Financial Year Ending 31 December 2013 of 0.60 sen per share less income tax 25%.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 12 September 2013 ]

    2) The last date of lodgement : [ 17 September 2013 ]

    3) Date Payable : [ 30 September 2013 ]


HAIO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced4 Sept 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-130904-3E949

Date of buy back04/09/2013
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,100
Minimum price paid for each share purchased ($$)2.520
Maximum price paid for each share purchased ($$)2.540
Total consideration paid ($$)25,652.00
Number of shares purchased retained in treasury (units)10,100
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)5,313,288
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 (%)2.63


PRDUREN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePERDUREN (M) BERHAD  
Stock Name PRDUREN  
Date Announced4 Sept 2013  
CategoryGeneral Announcement
Reference NoPP-130904-63835

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionIN THE HIGH COURT OF MALAYA AT JOHOR BAHRU
WINDING-UP PETITION NO: 28-193-08/2013
NAWY CONSTRUCTION SDN BHD VS CHRISTINE INN & RECREATION SDN BHD

The Board of Directors of Perduren (M) Berhad (“PMB” or “the Company”) wishes to announce Christine Inn & Recreation Sdn Bhd (“CIR”), a wholly-owned subsidiary of PMB, was served with a copy of the winding-up petition dated 15 August 2013 together with a copy of the affidavit Verifying Petition by Messrs S. K. Song, solicitors for Messrs Nawy Construction Sdn Bhd (“Petitioner”) (“Winding-Up Petition”).

The Winding-Up Petition was presented at the High Court of Malaya at Johor Bahru Winding-Up Petition No. 28-193-08/2013 on 16 August 2013. A copy of which was received by CIR on 28 August 2013 in Johor Bahru (operating office) while another copy was received by CIR vide A. R Registered Post at its registered office in Kuala Lumpur on 3 September 2013. The Court has fixed the case management on 17 September 2013 and the hearing for the Winding-Up Petition has been fixed on 30 September 2013.

The Winding-Up Petition arose from an allegation that CIR is indebted to the Petitioner for the sum of RM1,271,874.78 (“the alleged Claim”) for the construction and renovation works carried out by the Petitioner at the premises known as Bangunan Sedia Ada 5 Tingkat Block A & B, Plaza Sentosa, Johor Bahru. CIR denies owing the said alleged Claim or at all.

On 15 July 2013, CIR was served with the Section 218 Notice dated 12 July 2013 without the support of a Court Judgment. Upon receipt of the said Section 218 Notice, CIR replied to the Petitioner's solicitors vide its letter dated 25 July 2013 informing the Petitioner that there was no basis for them to initiate the said alleged Claim as there was no contract or letter signed between the Petitioner and CIR. The Petitioner nevertheless proceeded to file the Creditors’ Petition.

Based on the latest audited accounts of the Group for the financial year ended 31 March 2013, the said alleged Claim represents 0.61% of the net assets of the Group. The Board of Directors is of the opinion that the Winding-Up Petition is not expected to have material financial and operational impact on the Group.

The Company has appointed Messrs Roy & Associates to oppose and strike off the Winding-Up Petition and take whatever legal action(s) deemed necessary to protect the interest of CIR.

This announcement is dated 4 September 2013.



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

Announcement Type: General Announcement
Company NamePERDUREN (M) BERHAD  
Stock Name PRDUREN  
Date Announced4 Sept 2013  
CategoryGeneral Announcement
Reference NoPP-130904-64063

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionRELATED PARTY TRANSACTION
SALE OF PROPERTY TO DIRECTOR AND PERSON CONNECTED WITH THE DIRECTOR

INTRODUCTION

Perduren (M) Berhad (“PMB”or “the Company”) wishes to inform that Landmark Zone Sdn Bhd (“LZSB”), a wholly owned subsidiary of PMB has on 26 August 2013 in the ordinary course of business as property developer, entered into a sale and purchase agreement (“SPA”) with Mr Lau Chin An, Deputy Chairman of the Company and person connected with him (“Related Parties”/ “Purchasers”), to sell to the Related Parties one (1) unit of serviced apartment (“Property”) in its joint venture housing development project with Koperasi Shamelin Berhad (“KSB”) known as “Shamelin Star” in Taman Shamelin Perkasa, Cheras, Kuala Lumpur (“Property Transaction”) as stated in the following table:-

Description of Property Transaction

Related Party

Nature of Relationship

Net Selling Price (RM)

Sale by LZSB of 1 unit of serviced apartment in Shamelin Star

Lau Chin An

Woon Nyok Yen

Lau Chin An is the Deputy Chairman of PMB. Woon Nyok Yen is the spouse of Lau Chin An

664,920.00

Total

664,920.00

INFORMATION ON KSB

KSB, a co-operative society incorporated under the Co-operative Ordinance with its business address at 38-6-4, Shamelin Business Centre, No. 38, Jalan 4/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur is the registered and beneficial owner of all that leasehold land of 99 years expiring on 22 May 2111 held under HS (D) 119169, PT 2646, Mukim of Ampang, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur in an area measuring approximately 12,429 square metres (“the said Land”).

INFORMATION ON LZSB

LZSB was incorporated on 21 May 2009 under the Companies Act, 1965 and its principal business activity is property development. LZSB is currently developing the said Shamelin Star on the said Land comprising 630 units of serviced apartments and 31 units of retail lots. Sale of development property is in the ordinary course of business of LZSB.

BASIS OF ARRIVING AT THE NET SELLING PRICE

The net selling price for the Property has been arrived at after discounts, the rates of which are at no difference from those offered to other purchasers at the prevailing time in the ordinary course of business of the PMB Group.

MANNER IN WHICH THE NET SELLING PRICE WILL BE SATISFIED

The net selling price will be satisfied in cash by the Purchasers in accordance with the terms as stipulated in the sale and purchase agreement which is governed by the Housing Development (Control and Licensing) Act, 1966 and Housing Development (Control and Licensing) Regulations 1989 (Subregulation 11(1)).

FINANCIAL EFFECTS OF THE PROPERTY TRANSACTION

The Property Transaction will not have any effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of PMB. The sale is in the ordinary course of business of the PMB Group.

PARTICULARS OF ALL LIABILITIES TO BE ASSUMED BY THE PURCHASERS ARISING FROM THE PROPERTY TRANSACTION

There are no liabilities to be assumed by the Purchasers arising from the Property Transaction.

SALIENT TERMS OF THE SPA

Pursuant to the SPA, the Property will be sold to the Purchasers free from any agricultural or industrial conditions expressed or implied and any restrictions against the building of housing accommodation thereon. KSB and LZSB undertake that the Property shall be free from encumbrances immediately prior to the Purchasers taking vacant possession of the Property. The stamp duty and registration fee for the transfer of the Property shall be borne and paid by the Purchasers and Purchasers shall bear their own solicitors’ costs.

Upon the issuance of the strata title to the said Property and subject to the payment of the purchase price by the Purchasers and the observance of all the terms and conditions of the SPA, LZSB shall within 21 days execute a valid and registrable memorandum of transfer of the Property to the Purchasers.

RATIONALE FOR THE PROPERTY TRANSACTION

The Property Transaction is in the ordinary course of business of the PMB Group. The transaction reflects the Purchasers’ confidence in the PMB Group’s maiden property development project. The Property Transaction brings revenue and positive cashflow to the PMB Group.

VALUATION REPORT

No valuation was carried out as this is a new property development project and no substantial physical works have been done.

APPROVALS REQUIRED

The Property Transaction does not require the approval of the shareholders of PMB or any other authorities.

INTERESTS OF DIRECTORS AND SUBSTANTIAL SHAREHOLDERS

Save as disclosed, none of the Directors or substantial shareholders of PMB or persons connected to them has any interest, direct or indirect, in the Property Transaction.

STATEMENT BY AUDIT COMMITTEE

The Audit Committee is of the view that the Property Transaction is in the interest of the Company as it is in the ordinary course of business of the PMB Group.

STATEMENT BY DIRECTORS

Having considered that the Property Transaction is in the ordinary course of business of the PMB Group, the Board of Directors (save for Mr Lau Chin An who abstained) is of the view that the Property Transaction is in the interest of the PMB Group as it brings revenue and positive cashflow to the PMB Group.

TRANSACTION WITH ANY OF THE RELATED PARTIES FOR THE PRECEDING 12 MONTHS

A transaction of a similar nature was entered into between LZSB and a director of the Company as per our announcements dated 2 August 2013 and 7 August 2013.

DOCUMENT FOR INSPECTION

A copy of the SPA is available for inspection at the registered office of the Company at No. 47, 2nd Floor, Jalan 1/116B, Kuchai Entrepreneurs Park, Off Jalan Kuhai Lama, 58200 Kuala Lumpur during normal office hours from Mondays to Fridays (except for public holidays) for a period of 3 months from the date of this announcement.

?



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

Announcement Type: General Announcement
Company NamePROLEXUS BERHAD  
Stock Name PRLEXUS  
Date Announced4 Sept 2013  
CategoryGeneral Announcement
Reference NoCC-130904-9AA2D

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROLEXUS BERHAD (“Prolexus” or the “Company”)
- Purchase of Land by Novel Realty Sdn Bhd, a wholly-owned subsidiary of Prolexus
We refer to our earlier announcement made on 02 September 2013.
The Board of Directors of Prolexus wishes to announce the following additional information:-

There is no market valuation carried out on all that piece of vacant agricultural land located at Kampung Pok Kechil Tanjung Kupang and held under GM 16 Lot 1606 in the Mukim of Tanjung Kupang, District of Johor Bahru, State of Johor Darul Takzim measuring approximately 277,422.75 square feet (sf) (6.36875 acres) (“Land”).The Purchase Price was arrived at approximately RM30 per square foot (sf).

The Land is situated within South-West of Iskandar Malaysia which is 20 minutes drive to Nusajaya, 10 minutes drive to Singapore Exit via 2nd Link Expressway and 5 minutes drive to Tanjung Pelepas. The demand of land within the vicinity has been more than encouraging mainly attributed to the catalytic Nusajaya developments namely Kota Iskandar, Legoland and Puteri Harbour Waterfront. Based on researches (Sector Focus - Iskandar Malaysia), the average prices of transactions in industrial land within the vicinity was RM40 per sf vs RM24 per sf in 2009. In addition to its locality and the accessibility, other relevant factor was of the Land is under the zoning of residential land under the Comprehensive Development Plan of Iskandar Malaysia, which seen as added advantage to the positive investment of the Land.

This announcement is dated 04 September 2013.


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

Announcement Type: General Announcement
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced4 Sept 2013  
CategoryGeneral Announcement
Reference NoMB-130904-47346

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionTSH RESOURCES BERHAD (“TSH” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF 20,860,000 NEW ORDINARY SHARES OF RM0.50 EACH IN TSH (“PROPOSED PRIVATE PLACEMENT”)
This announcement is dated 4 September 2013.
On behalf of the Board of Directors of TSH (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased to announce that the Company proposes to undertake a private placement of 20,860,000 new ordinary shares of RM0.50 each in TSH (“TSH Share(s)”).

For further details on the Proposed Private Placement, kindly refer to the attachment.


RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced4 Sept 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-130904-2EF4C

Date of buy back04/09/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)58,000
Minimum price paid for each share purchased ($$)0.270
Maximum price paid for each share purchased ($$)0.270
Total consideration paid ($$)15,774.66
Number of shares purchased retained in treasury (units)58,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)2,839,400
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 (%)0.24


MITRA - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameMITRAJAYA HOLDINGS BERHAD  
Stock Name MITRA  
Date Announced4 Sept 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCA-130904-514D9

Date of buy back04/09/2013
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)141,900
Minimum price paid for each share purchased ($$)0.430
Maximum price paid for each share purchased ($$)0.430
Total consideration paid ($$)61,017.00
Number of shares purchased retained in treasury (units)141,900
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)3,182,946
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 (%)0.8


No comments:

Post a Comment