September 25, 2013

Company announcements: SUNREIT, CMMT, SBCCORP, CSL, IGBREIT, KPJ, BPURI

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

Announcement Type: General Announcement
Company NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT  
Date Announced25 Sept 2013  
CategoryGeneral Announcement
Reference NoSR-130925-55611

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionSUNWAY REAL ESTATE INVESTMENT TRUST (“SUNREIT”)
- SECOND CAR PARK TENANCY AGREEMENTS BETWEEN RHB TRUSTEES BERHAD (FORMERLY KNOWN AS OSK TRUSTEES BERHAD) (AS TRUSTEE FOR SUNREIT) AND SUNWAY LEISURE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY BERHAD

1. INTRODUCTION

RHB Trustees Berhad (formerly known as OSK Trustees Berhad) (as Trustee for SUNREIT) (“
the Trustee”) and Sunway Leisure Sdn Bhd (“SLSB”), a wholly-owned subsidiary of Sunway City Sdn Bhd (“SunCity”) which in turn is a wholly-owned subsidiary of Sunway Berhad (“Sunway”) had on 8 July 2010, entered into the First Car Park Tenancy Agreements in relation to the following properties for a term of three (3) years (“First CPTAs”):-

(i) Sunway Tower;
(ii) Menara Sunway;
(iii) Sunway Pyramid Shopping Mall;
(iv) Sunway Carnival Shopping Mall;
(v) Sunway Resort Hotel & Spa;
(vi) Pyramid Tower Hotel; and
(vii) Sunway Hotel Seberang Jaya.

(collectively “the Properties”)

The Trustee and SLSB has on 25 September 2013, entered into the Second Car Park Tenancy Agreements (“Second CPTAs”) in relation to the Properties for another term of three (3) years commencing from 8 July 2013.

2. SALIENT TERMS OF THE SECOND CPTAs

Pursuant to the Second CPTAs, the parties have agreed to renew the tenancy of the Properties on the same terms and conditions as the First CPTAs, save and except for the following amendments:-

(a) The number of car park bays and car park rates are updated for each of the Properties.

(b) The payment of fire and public liability insurances on the Properties by SLSB.

(c) All such reasonable charges relating to the maintenance and repair carried out by SLSB would be settled by the Trustee within fourteen (14) Business Days of the written notice instead of 14 days.


3. INFORMATION ON SUNWAY, SUNCITY, SLSB, THE TRUSTEE AND SUNREIT

3.1 Sunway

    Sunway is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of Sunway are RM10,000,000,000/- and RM1,723,489,001/- respectively. The principal activities of Sunway are investment holding and provision of management services.

3.2 SunCity

    SunCity is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of SunCity are RM3,500,000,000/- and RM251,354.14 respectively. The principal activity of SunCity is investment holding.

3.3 SLSB
    SLSB is a wholly-owned subsidiary of SunCity which in turn is a wholly-owned subsidiary of Sunway, is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of SLSB are RM100,000/- and RM2/- respectively. The principal activities of SLSB are operating of ice rink and car park management.

3.4 The Trustee

    The Trustee is a company incorporated in Malaysia and having its registered office at Level 10, Tower One, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur. It is registered as a trust company under the Trust Companies Act, 1949.

    The principal activity of the Trustee is providing professional retail and corporate trustee services.
    The present authorised share capital of the Trustee is RM25,000,000 comprising 2,500,000 ordinary shares of RM10.00 each, of which 1,200,000 ordinary shares are currently issued and credited as partially paid-up of RM5.00 each in the Trustee.

3.5 SUNREIT

    SUNREIT was established pursuant to a Deed dated 20 May 2010 (as amended by a Supplementary Deed dated 10 June 2010) entered into between Sunway REIT Management Sdn Bhd (as Manager for SUNREIT) (“the Manager”) and the Trustee. The principal investment policy of SUNREIT is to invest in commercial, office, industrial and other real estate assets.
3.6 The Manager

    The Manager, a subsidiary of Sunway, is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of the Manager are RM1,000,000/- respectively. The principal activity of the Manager is managing and administering a real estate investment fund.

4. RATIONALE

SLSB is the current carpark operator for the Properties and their past performance has been satisfactory. The rental computation formula remained unchanged for the renewal.

5. EFFECTS OF THE SECOND CPTAs
    5.1 On Unit Capital and Substantial Unitholders’ Unitholding
      The Second CPTAs will not have any effect on the total units of SUNREIT in issue and substantial unitholders’ unitholding of SUNREIT as they do not involve any issuance of new units by SUNREIT.

    5.2 On Net Asset Value (“NAV”)

    The Second CPTAs will have no material impact or changes to the unaudited NAV of SUNREIT at the time of completion.

    5.3 On Earnings

    The Second CPTAs are not expected to have any material effect on the earnings of SUNREIT for the financial year ending 30 June 2014.


    6. APPROVALS REQUIRED

    Pursuant to the REIT Guidelines, the Second CPTAs do not require approval from the Securities Commission or the unitholders of SUNREIT.

    7. DIRECTORS' AND MAJOR UNITHOLDERS' INTERESTS

    Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling and Dato’ Ngeow Voon Yean are Directors of the Manager. Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling is also a Director of Sunway. Dato’ Ngeow Voon Yean is also a Director of SLSB and has direct and indirect interests in Sunway. He also has deemed interest in Sunway REIT.

    Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Evan Cheah Yean Shin, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd are major shareholders of Sunway and major unitholders of Sunway REIT. Sarena Cheah Yean Tih is also a Director of the Company.

    Accordingly, Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Dato’ Ngeow Voon Yean and Sarena Cheah Yean Tih have abstained from deliberation and voting in the Board of the Manager in respect of the Second CPTAs.

    Save as disclosed above, none of the other directors of the Manager or substantial unitholders of SUNREIT or persons connected with them has any interest, direct or indirect, in the Second CPTAs.
      8. THE MANAGER’S AUDIT COMMITTEE’S RECOMMENDATION

      The Audit Committee of the Manager after having considered all aspects of the Second CPTAs (which is a renewal of the First CPTAs), is of the opinion that the Second CPTAs are in the best interests of SUNREIT and are not detrimental to the interests of the non-interested unitholders of SUNREIT. The Audit Committee of the Manager is of the view that the Second CPTAs is fair, reasonable and on normal commercial terms.
        9. STATEMENT BY THE BOARD OF DIRECTORS

        Save and except for Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Dato’ Ngeow Voon Yean and Sarena Cheah Yean Tih, the Board of Directors of the Manager is of the opinion that the Second CPTAs are in the best interests of SUNREIT.

        10. DOCUMENTS AVAILABLE FOR INSPECTION

        The Second CPTAs are available for inspection by unitholders of SUNREIT at the registered office of the Manager at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan during normal business hours (9.00 a.m. to 6.00 p.m.) from Monday to Friday (except public holidays) for a period of 14 days from the date of this announcement.

        This announcement is dated 25 September 2013.


        SUNREIT - GENERAL MEETINGS: OUTCOME OF MEETING

        Announcement Type: General Meetings
        Company NameSUNWAY REAL ESTATE INVESTMENT TRUST  
        Stock Name SUNREIT  
        Date Announced25 Sept 2013  
        CategoryGeneral Meetings
        Reference NoSR-130925-55610

        Type of MeetingAGM
        IndicatorOutcome of Meeting
        Date of Meeting25/09/2013
        Time03:30 PM
        VenueGrand Caymans, Level 10, Sunway Resort Hotel & Spa, Persiaran Lagoon, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan
        Outcome of Meeting

        We refer to the announcement dated 27 August 2013 in relation to the Notice of the First Annual General Meeting ("Notice").

        The Ordinary Resolution as set out in the Notice was voted on a poll and was carried based on the following results from the Unit Registrar, Sunway Management Sdn Bhd and Independent Scrutineer, Equiniti Services Sdn Bhd :-



        This announcement is dated 25 September 2013.


        CMMT - Changes in Sub. S-hldr's Int. (29B) - AMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NameCAPITAMALLS MALAYSIA TRUST  
        Stock Name CMMT  
        Date Announced25 Sept 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoCG-130925-359DD

        Particulars of substantial Securities Holder

        NameAMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA
        AddressTingkat 4, Balai PNB
        201-A Jalan Tun Razak
        50400 Kuala Lumpur
        NRIC/Passport No/Company No.766894-T
        Nationality/Country of incorporationMalaysia
        Descriptions (Class & nominal value)Units in CapitaMalls Malaysia Trust
        Name & address of registered holderAMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA
        Tingkat 4, Balai PNB
        201-A Jalan Tun Razak
        50400 Kuala Lumpur

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired20/09/2013
        500,000
         

        Circumstances by reason of which change has occurredAcquisition of Units
        Nature of interestDirect
        Direct (units)124,232,600 
        Direct (%)7.02 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Total no of securities after change124,232,600
        Date of notice20/09/2013

        Remarks :
        CapitaMalls Malaysia REIT Management Sdn. Bhd., manager of CapitaMalls Malaysia Trust has received the Form 29B from AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera on 25 September 2013.


        SBCCORP - GENERAL MEETINGS: OUTCOME OF MEETING

        Announcement Type: General Meetings
        Company NameSBC CORPORATION BERHAD  
        Stock Name SBCCORP  
        Date Announced25 Sept 2013  
        CategoryGeneral Meetings
        Reference NoCC-130828-85E78

        Type of MeetingAGM
        IndicatorOutcome of Meeting
        Date of Meeting25/09/2013
        Time11:00 AM
        VenueSBC Sales Gallery, Lot PT 9076, Jalan 4/18A, Off Jalan Ipoh, Batu 5 1/2, Taman Mastiara, 51200 Kuala Lumpur
        Outcome of Meeting

        The Board of Directors of SBC Corporation Berhad ("SBC") wishes to announce that at the Twenty-third Annual General Meeting of SBC duly convened and held this morning, all the resolutions as set out in the Notice of Annual General Meeting dated 3rd September, 2013 were duly passed by the members present.




        SBCCORP - GENERAL MEETINGS: OUTCOME OF MEETING

        Announcement Type: General Meetings
        Company NameSBC CORPORATION BERHAD  
        Stock Name SBCCORP  
        Date Announced25 Sept 2013  
        CategoryGeneral Meetings
        Reference NoMI-130925-55898

        Type of MeetingEGM
        IndicatorOutcome of Meeting
        Date of Meeting25/09/2013
        Time11:30 AM
        VenueSBC Sales Gallery, Lot PT 9076, Jalan 4/18A, Off Jalan Ipoh, Batu 5 , Taman Mastiara, 51200 Kuala Lumpur
        Outcome of Meeting

        On behalf of the Board of Directors of SBC Corporation Berhad (“SBC”), RHB Investment Bank Berhad wishes to announce that the shareholders of SBC have, at the Extraordinary General Meeting (“EGM”) held today, approved all the resolutions as set out in the Notice of EGM dated 3 September 2013.

        This announcement is dated 25 September 2013.



        CSL - Notice of Shares Buy Back - Immediate Announcement

        Announcement Type: Notice of Shares Buy Back - Immediate Announcement
        Company NameCHINA STATIONERY LIMITED  
        Stock Name CSL  
        Date Announced25 Sept 2013  
        CategoryNotice of Shares Buy Back - Immediate Announcement
        Reference NoCK-130925-D555D

        Date of buy back25/09/2013
        Description of shares purchasedOrdinary Shares of SGD0.001 each
        CurrencyMalaysian Ringgit (MYR)
        Total number of shares purchased (units)1,000,000
        Minimum price paid for each share purchased ($$)0.210
        Maximum price paid for each share purchased ($$)0.215
        Total consideration paid ($$)212,500.00
        Number of shares purchased retained in treasury (units)1,000,000
        Number of shares purchased which are proposed to be cancelled (units)0
        Cumulative net outstanding treasury shares as at to-date (units)10,000,100
        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 (%)0.81


        IGBREIT - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

        Announcement Type: General Announcement
        Company NameIGB REAL ESTATE INVESTMENT TRUST  
        Stock Name IGBREIT  
        Date Announced25 Sept 2013  
        CategoryGeneral Announcement
        Reference NoIR-130925-EBF19

        TypeAnnouncement
        SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
        DEALINGS OUTSIDE CLOSED PERIOD
        DescriptionPursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Daniel Yong Chen-I, the Executive Director of IGB REIT Management Sdn Bhd [the Manager of IGB Real Estate Investment Trust ("IGB REIT"], has notified on the change of his interest in IGB REIT, the details are set out in Table Section.

        Type of Securities

        Date of Transaction

        Opening Balance

        Disposed

        Average price per unit

        RM

        Closing Balance

        No. of Securities

        %

        No. of Securities

        %

        IGB REIT

        23 September 2013

        677,132

        (50,000)

        0.001

        1.28

        627,132

        0.02



        IGBREIT - Changes in Director's Interest (S135) - Daniel Yong Chen-I

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NameIGB REAL ESTATE INVESTMENT TRUST  
        Stock Name IGBREIT  
        Date Announced25 Sept 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoIR-130925-EBF0B

        Information Compiled By KLSE

        Particulars of Director

        NameDaniel Yong Chen-I
        AddressLot 2338, Taman Hillview
        68000 Ampang
        Selangor Darul Ehsan
        Descriptions(Class & nominal value)Units in IGB Real Estate Investment Trust ("IGB REIT")

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transaction
        Date of change
        No of securities
        Price Transacted (RM)
        Disposed
        23/09/2013
        50,000
        1.280 

        Circumstances by reason of which change has occurred
        Nature of interest
        Consideration (if any) 

        Total no of securities after change

        Direct (units)627,132 
        Direct (%)0.02 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Date of notice23/09/2013


        KPJ - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NameKPJ HEALTHCARE BERHAD  
        Stock Name KPJ  
        Date Announced25 Sept 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoJC-130925-C9DD7

        Particulars of substantial Securities Holder

        NameLembaga Tabung Haji
        Address201, Jalan Tun Razak, Peti Surat 11025,
        50732 Kuala Lumpur
        NRIC/Passport No/Company No.ACT 5351995
        Nationality/Country of incorporationMalaysia
        Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
        Name & address of registered holderCIMB-Principal Asset Management Berhad
        Level 5, Menara Milenium, 8 Jalan Damanlela, Bukit Damansara, 50490 Kuala Lumpur

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Disposed23/09/2013
        212,800
         

        Circumstances by reason of which change has occurredDisposal of Shares
        Nature of interestIndirect Interest
        Direct (units) 
        Direct (%) 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Total no of securities after change36,751,100
        Date of notice24/09/2013

        Remarks :
        The notice dated 24 September 2013 was received on 25 September 2013 via fax


        BPURI - OTHERS Construction and completion of super-structure works for “Cadangan Membina Sebuah Kompleks Perniagaan 13 Tingkat di atas Lot PT no. 5036, Seksyen 1, Pusat Bandar Melawati, Bandar Ulu Kelang, Mukim Setapak, Daerah Gombak, Selangor Darul Ehsan”

        Announcement Type: General Announcement
        Company NameBINA PURI HOLDINGS BHD  
        Stock Name BPURI  
        Date Announced25 Sept 2013  
        CategoryGeneral Announcement
        Reference NoBP-130925-52548

        TypeAnnouncement
        SubjectOTHERS
        DescriptionConstruction and completion of super-structure works for “Cadangan Membina Sebuah Kompleks Perniagaan 13 Tingkat di atas Lot PT no. 5036, Seksyen 1, Pusat Bandar Melawati, Bandar Ulu Kelang, Mukim Setapak, Daerah Gombak, Selangor Darul Ehsan”

        The Board is pleased to announce that Bina Puri Holdings Bhd. has accepted the Letter of Award from Sime Darby CapitaMalls Asia (Melawati Mall) Sdn. Bhd. (formerly known as Prized Corridor Sdn. Bhd.) on 24 September 2013 to undertake the construction and completion of super-structure works for the project known as “Cadangan Membina Sebuah Kompleks Perniagaan 13 Tingkat Yang Mengandungi:

        - 8 Tingkat Ruang Perniagaan Di Aras Bawah Hingga Aras 7; dan

        - 5 Tingkat Tempat Letak Kereta Di Besmen 1 Dan 2, Aras 8 Hingga 10

        di atas Lot PT 5036, Seksyen 1, Pusat Bandar Melawati, Bandar Ulu Kelang, Mukim Setapak, Daerah Gombak, Selangor Darul Ehsan untuk Messrs Prized Corridor Sdn. Bhd. for contract sum of RM441,008,000.00. The contract period shall be 24 months.

        With the latest award, the Group has thus far secured RM775.27 million projects in 2013 and we are confident to add to our existing book order before the year end. The Group’s current unbuilt book order stands at RM1.91 billion as at to date.

        The contract is expected to contribute positively to the earnings of Bina Puri Group for the financial year ending 31 December 2013.

        Please note that no directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above transaction.



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