September 17, 2013

Company announcements: Y&G, LTKM, MAGNI, POHUAT, PWROOT

Y&G - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameY&G CORPORATION BHD  
Stock Name Y&G    
Date Announced17 Sept 2013  
CategoryGeneral Announcement
Reference NoMB-130917-64557

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionY&G CORPORATION BHD (“Y&G” OR THE “COMPANY”)

PROPOSED LAND ACQUISITION;
PROPOSED FREE WARRANTS;
PROPOSED RIGHTS ISSUE WITH WARRANTS; AND
PROPOSED PRIVATE PLACEMENT WITH WARRANTS.
On behalf of the board of directors of Y&G, AmInvestment Bank Berhad wishes to announce the following:-
(i) Hala Kota Development Sdn Bhd, a wholly owned subsidiary of Y&G had on 17 September 2013 entered into a sale and purchase agreement for the proposed acquisition of a leasehold land measuring approximately 107.965 hectares, held under H.S.(D) 129802, Lot 126299, within Mukim and District of Klang, Selangor Darul Ehsan with the Malaysian Agriculture Research and Development Institute for a total cash consideration amounting to RM100.0 million (“Proposed Land Acquisition”);

(ii) Proposed issue of free warrants in Y&G (“Warrants”) of 15,386,900 Warrants on the basis of one (1) Warrant for every ten (10) existing ordinary share of RM1.00 each in Y&G (“Y&G Share(s)” or “Share(s)”) held by the entitled shareholders of the Company (“Entitled Shareholders”) on the entitlement date to be determined and announced later (“Entitlement Date”) (“Proposed Free Warrants”);
    (iii) Proposed renounceable rights issue of up to 30,773,800 new Y&G Shares (“Rights Share(s)”) together with up to 15,386,900 new detachable Warrants on the basis of two (2) Rights Shares together with one (1) Warrant for every ten (10) existing Y&G Shares held by the Entitled Shareholders on the Entitlement Date ("Proposed Rights Issue with Warrants”); and
      (iv) Proposed private placement of up to 15,386,900 new Y&G Shares (“Placement Shares”), representing approximately ten percent (10%) of the issued and paid-up share capital of Y&G together with up to 7,693,450 new detachable Warrants on the basis of one (1) Warrant for every two (2) Placement Shares subscribed (“Proposed Private Placement with Warrants”).
        (The Proposed Land Acquisition, the Proposed Free Warrants, the Proposed Rights Issue with Warrants and the Proposed Private Placement with Warrants are collectively referred to as the “Proposals”.)

        Please refer to the announcement as enclosed as well as the press release prepared by the Company for further details on the Proposals.


        This announcement is dated 17 September 2013.


        LTKM - Changes in Director's Interest (S135) - Lim Hooi Tin

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NameLTKM BERHAD  
        Stock Name LTKM  
        Date Announced17 Sept 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoCC-130917-1E9E9

        Information Compiled By KLSE

        Particulars of Director

        NameLim Hooi Tin
        Address43, Leboh Enggang, Kawasan 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan
        Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transaction
        Date of change
        No of securities
        Price Transacted (RM)
        Acquired
        11/09/2013
        3,000
        2.080 
        Acquired
        11/09/2013
        26,000
        2.073 
        Acquired
        12/09/2013
        2,000
        1.920 

        Circumstances by reason of which change has occurredAcquisition of shares in open market
        Nature of interestIndirect Interest
        Consideration (if any) 

        Total no of securities after change

        Direct (units)200,000 
        Direct (%)0.46 
        Indirect/deemed interest (units)28,067,002 
        Indirect/deemed interest (%)64.72 
        Date of notice17/09/2013

        Remarks :
        The acquisition of 3,000 ordinary shares of RM1.00 each represent 0.0069% of the total paid-up capital of the Company by Tan Yee Boon, son of Mr Tan Kok.

        The acquisition of 28,000 ordinary shares of RM1.00 each represent 0.065% of the total paid-up capital of the Company by Ladang Ternakan Kelang Sdn. Bhd.

        Based on the paid-up capital of the Company of RM43,368,002 divided into 43,368,002 ordinary shares of RM1.00 each as at 19 October 2011.

        This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements for dealing outside closed period.

        This notice was received on 17 September 2013.


        LTKM - Changes in Sub. S-hldr's Int. (29B) - Lim Hooi Tin

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NameLTKM BERHAD  
        Stock Name LTKM  
        Date Announced17 Sept 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoCC-130917-1E9FC

        Particulars of substantial Securities Holder

        NameLim Hooi Tin
        Address43, Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan
        NRIC/Passport No/Company No.521229-10-5024
        Nationality/Country of incorporationMalaysian
        Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
        Name & address of registered holderLim Hooi Tin
        43, Leboh Enggang, Kaw 18, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan

        Ladang Ternakan Kelang Sdn. Berhad
        Suite B, 1st Floor, Wisma Hup Tai
        No. 1, Lorong Raja Bot
        41400 Klang
        Selangor Darul Ehsan

        Tan Yee Boon
        43, Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang, Selangor Darul Ehsan

        YBJ Capital Sdn. Bhd.
        Room 102, 2nd Floor, Wisma Hup Tai
        No. 1, Lorong Raja Bot
        41050 Klang
        Selangor Darul Ehsan

        Tan Yee Siong
        43, Leboh Enggang, Kaw 18, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan

        Tan Yee Hou
        43, Leboh Enggang, Kaw 18, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired11/09/2013
        3,000
        2.080 
        Acquired11/09/2013
        26,000
        2.073 
        Acquired12/09/2013
        2,000
        1.920 

        Circumstances by reason of which change has occurredAcquisition of shares in open market
        Nature of interestIndirect Interest
        Direct (units)200,000 
        Direct (%)0.46 
        Indirect/deemed interest (units)28,067,002 
        Indirect/deemed interest (%)64.72 
        Total no of securities after change28,267,002
        Date of notice17/09/2013

        Remarks :
        Total no. of shares held after change

        Direct Interest
        -Registered in the name of Lim Hooi Tin 200,000 (0.46%)

        Indirect Interest
        -Registered in the name of Ladang Ternakan Kelang Sdn. Berhad 26,584,002 (61.30%)#

        -Registered in the name of YBJ Capital Sdn. Bhd. 856,000 (1.97%)^

        -Registered in the name of Tan Yee Boon 453,000 (1.04%)*

        -Registered in the name of Tan Yee Siong 164,000 (0.38%)*

        -Registered in the name of Tan Yee Hou 10,000 (0.02%)*
        ______________________
        Total 28,267,002 (65.18%)
        ====================

        #Deemed interest by virtue of being a substantial shareholder in Ladang Ternakan Kelang Sdn. Berhad.

        ^Deemed interest pursuant to Section 6A(4) of the Companies Act, 1965 by Mr. Tan Yee Boon's Shareholdings in YBJ Capital Sdn. Bhd.

        *Enforcement of new Section 134(12)(c) under the Companies (Amendment) Act, 2007 effective 15 August 2007


        LTKM - Changes in Sub. S-hldr's Int. (29B) - Tan Kok

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NameLTKM BERHAD  
        Stock Name LTKM  
        Date Announced17 Sept 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoCC-130917-1E9E0

        Particulars of substantial Securities Holder

        NameTan Kok
        Address43 Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan
        NRIC/Passport No/Company No.510815-10-5031
        Nationality/Country of incorporationMalaysian
        Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
        Name & address of registered holderTan Kok
        43 Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan

        Ladang Ternakan Kelang Sdn. Berhad
        Suite B, 1st Floor, Wisma Hup Tai
        No. 1, Lorong Raja Bot
        41400 Klang
        Selangor Darul Ehsan

        Tan Yee Boon
        43, Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan

        YBJ Capital Sdn. Bhd.
        Room 102, 2nd Floor, Wisma Hup Tai
        No. 1, Lorong Raja Bot
        41050 Klang
        Selangor Darul Ehsan

        Tan Yee Siong
        43, Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan

        Tan Yee Hou
        43, Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired11/09/2013
        3,000
        2.080 
        Acquired11/09/2013
        26,000
        2.073 
        Acquired12/09/2013
        2,000
        1.920 

        Circumstances by reason of which change has occurredAcquisition of shares in open market
        Nature of interestIndirect Interest
        Direct (units)1,152,700 
        Direct (%)2.66 
        Indirect/deemed interest (units)28,067,002 
        Indirect/deemed interest (%)64.72 
        Total no of securities after change29,219,702
        Date of notice17/09/2013

        Remarks :
        Total no. of shares held after change

        Direct Interest
        -Registered in the name of Tan Kok 1,152,700 (2.66%)

        Indirect Interest
        -Registered in the name of Ladang Ternakan Kelang Sdn. Berhad 26,584,002 (61.30%)#

        -Registered in the name of YBJ Capital Sdn. Bhd. 856,000 (1.97%)^

        -Registered in the name of Tan Yee Boon 453,000 (1.04%)*

        -Registered in the name of Tan Yee Siong 164,000 (0.38%)*

        -Registered in the name of Tan Yee Hou 10,000 (0.02%)*
        ______________________
        Total 29,219,702 (67.38%)
        ===================

        # Deemed interest by virtue of being a substantial shareholder in Ladang Ternakan Kelang Sdn. Berhad, which is a substantial shareholder of LTKM Berhad.

        ^Deemed interest pursuant to Section 6A(4) of the Companies Act, 1965 by Mr. Tan Yee Boon's shareholdings in YBJ Capital Sdn. Bhd.

        *Enforcement of new Section 134(12)(C) under the Companies (Amendment) Act, 2007 effective 15 August 2007.


        LTKM - Changes in Director's Interest (S135) - Tan Kok

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NameLTKM BERHAD  
        Stock Name LTKM  
        Date Announced17 Sept 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoCC-130917-1E9BA

        Information Compiled By KLSE

        Particulars of Director

        NameTan Kok
        Address43, Leboh Enggang, Kaw 17, Off Jalan Meru
        41050 Klang
        Selangor Darul Ehsan
        Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transaction
        Date of change
        No of securities
        Price Transacted (RM)
        Acquired
        11/09/2013
        3,000
        2.080 
        Acquired
        11/09/2013
        26,000
        2.073 
        Acquired
        12/09/2013
        2,000
        1.920 

        Circumstances by reason of which change has occurredAcquisition of shares in open market
        Nature of interestIndirect Interest
        Consideration (if any) 

        Total no of securities after change

        Direct (units)1,152,700 
        Direct (%)2.66 
        Indirect/deemed interest (units)28,067,002 
        Indirect/deemed interest (%)64.72 
        Date of notice17/09/2013

        Remarks :
        The acquisition of 3,000 ordinary shares of RM1.00 each represent 0.0069% of the total paid-up capital of the Company by Tan Yee Boon, son of Mr Tan Kok.

        The acquisition of 28,000 ordinary shares of RM1.00 each represent 0.065% of the total paid-up capital of the Company by Ladang Ternakan Kelang Sdn. Bhd.

        Based on the paid-up capital of the Company of RM43,368,002 divided into 43,368,002 ordinary shares of RM1.00 each as at 19 October 2011.

        This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements for dealing outside closed period.

        This notice was received on 17 September 2013.


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

        Announcement Type: Financial Results
        Company NameMAGNI-TECH INDUSTRIES BERHAD  
        Stock Name MAGNI  
        Date Announced17 Sept 2013  
        CategoryFinancial Results
        Reference NoCC-130917-59579

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

        Attachments

        MGOtrResults 31 July 2013.pdf
        280 KB

        • 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
        150,995
        131,808
        150,995
        131,808
        2Profit/(loss) before tax
        12,194
        11,180
        12,194
        11,180
        3Profit/(loss) for the period
        9,140
        8,382
        9,140
        8,382
        4Profit/(loss) attributable to ordinary equity holders of the parent
        9,139
        8,381
        9,139
        8,381
        5Basic earnings/(loss) per share (Subunit)
        8.42
        7.73
        8.42
        7.73
        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 ($$)
        1.9900
        1.9100
        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


        POHUAT - Changes in Sub. S-hldr's Int. (29B) - LIM PEI TIAM @ LIAM AHAT KIAT

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NamePOH HUAT RESOURCES HOLDINGS BERHAD  
        Stock Name POHUAT  
        Date Announced17 Sept 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoCM-130917-44387

        Particulars of substantial Securities Holder

        NameLIM PEI TIAM @ LIAM AHAT KIAT
        Address23, Lorong Datuk Sulaiman 6
        Taman Tun Dr. Ismail
        60000 Kuala Lumpur
        NRIC/Passport No/Company No.460722-01-5261
        Nationality/Country of incorporationMalaysian
        Descriptions (Class & nominal value)Ordinary shares of RM1-00 each
        Name & address of registered holderLIM PEI TIAM @ LIAM AHAT KIAT
        23, Lorong Datuk Sulaiman 6
        Taman Tun Dr. Ismail
        60000 Kuala Lumpur

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired09/09/2013
        61,000
         
        Acquired10/09/2013
        20,000
         
        Acquired11/09/2013
        20,000
         

        Circumstances by reason of which change has occurredPurchase in the open market
        Nature of interestDirect interest
        Direct (units)7,885,000 
        Direct (%)7.39 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Total no of securities after change7,885,000
        Date of notice17/09/2013

        Remarks :
        1) The percentage of shareholding has excluded a total of 6,633,800 Poh Huat shares purchased and retained as treasury shares from time to time.

        2) The announcement is released upon receipt of notification served to the registered office on 17 September 2013


        PWROOT - Changes in Director's Interest (S135) - Dato' Low Chee Yen

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NamePOWER ROOT BERHAD  
        Stock Name PWROOT  
        Date Announced17 Sept 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoC&-130917-70F7C

        Information Compiled By KLSE

        Particulars of Director

        NameDato' Low Chee Yen
        AddressNo 29 Jalan Gaya 9,
        Taman Gaya,
        81800 Ulu Tiram, Johor
        Descriptions(Class & nominal value)Ordinary shares of RM0.20 each

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transaction
        Date of change
        No of securities
        Price Transacted (RM)
        Acquired
        11/09/2013
        120,000
        1.780 

        Circumstances by reason of which change has occurredAcquisition of Shares
        Nature of interestDirect Interest
        Consideration (if any) 

        Total no of securities after change

        Direct (units)56,418,130 
        Direct (%)18.76 
        Indirect/deemed interest (units)290,000 
        Indirect/deemed interest (%)0.1 
        Date of notice17/09/2013

        Remarks :
        a) The above acquisition represented 0.0399% of the total issued and fully paid-up share capital of the Company.

        b) This announcement serves as an announcement pursuant to paragraph 14.09(a) of the Main Market Listing Requirement dealing outside closed period.


        PWROOT - Changes in Director's Interest (S135) - Dato' How Say Swee

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NamePOWER ROOT BERHAD  
        Stock Name PWROOT  
        Date Announced17 Sept 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoC&-130917-FDDBF

        Information Compiled By KLSE

        Particulars of Director

        NameDato' How Say Swee
        AddressNo 8 Jalan Austin Heights 2/15,
        Taman Austin Heights,
        81100 Johor Bahru
        Descriptions(Class & nominal value)Ordinary shares of RM0.20 each

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transaction
        Date of change
        No of securities
        Price Transacted (RM)
        Acquired
        11/09/2013
        20,100
        1.780 
        Acquired
        13/09/2013
        30,300
        1.753 

        Circumstances by reason of which change has occurredAcquisition of Shares
        Nature of interestDirect Interest
        Consideration (if any) 

        Total no of securities after change

        Direct (units)56,685,030 
        Direct (%)18.85 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Date of notice17/09/2013

        Remarks :
        a) The above acquisition represented 0.0168% of the total issued and fully paid-up share capital of the Company.

        b) This announcement serves as an announcement pursuant to paragraph 14.09(a) of the Main Market Listing Requirement dealing outside closed period.


        PWROOT - Changes in Sub. S-hldr's Int. (29B) - Dato' How Say Swee

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NamePOWER ROOT BERHAD  
        Stock Name PWROOT  
        Date Announced17 Sept 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoC&-130917-FDDB6

        Particulars of substantial Securities Holder

        NameDato' How Say Swee
        AddressNo 8 Jalan Austin Heights 2/15,
        Taman Austin Heights,
        81100 Johor Bahru
        NRIC/Passport No/Company No.630807-04-5469
        Nationality/Country of incorporationMalaysian
        Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
        Name & address of registered holderDato' How Say Swee
        No 8 Jalan Austin Heights 2/15,
        Taman Austin Heights,
        81100 Johor Bahru

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired11/09/2013
        20,100
        1.780 
        Acquired13/09/2013
        30,300
        1.753 

        Circumstances by reason of which change has occurredAcquisition of Shares
        Nature of interestDirect Interest
        Direct (units)56,634,630 
        Direct (%)18.83 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Total no of securities after change56,685,030
        Date of notice17/09/2013

        Remarks :
        a) The above acquisition represented 0.0168% of the total issue and fully paid-up share capital of the Company


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