October 25, 2013

Company announcements: ABFMY1, DRBHCOM, TAGB, KONSORT, MPCORP, WCT

ABFMY1 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameABF MALAYSIA BOND INDEX FUND  
Stock Name ABFMY1  
Date Announced25 Oct 2013  
CategoryGeneral Announcement
Reference NoAM-131025-73BDA

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionABF Malaysia Bond Index Fund - Valuation Point as at 24-10-2013

Fund: ABF Malaysia Bond Index Fund

NAV per unit (RM): 1.0892
Units in circulation (units): 647,421,800
Manager's Fee (% p.a.): 0.10
Trustee's Fee (% p.a.): 0.07
License Fee (% p.a.): 0.018
iBoxx ABF Malaysia Index: 1.4509
Issue Price (RM): 1.09
(rounded to nearest Sen)



DRBHCOM - DRBHCOM-SUSPENSION OF TRADING

Announcement Type: Listing Circular
Company NameDRB-HICOM BERHAD  
Stock Name DRBHCOM  
Date Announced25 Oct 2013  
CategoryListing Circular
Reference NoIJ-131024-57947

LISTING'S CIRCULAR NO. L/Q : 69031 OF 2013


    Kindly be advised that in conjunction with KONSORTIUM LOGISTIK BERHAD’s request for suspension, the trading in the above Company's securities has been suspended with effect from 9.00 a.m., Friday, 25 October 2013 pending an announcement.


TAGB - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameTA GLOBAL BERHAD  
Stock Name TAGB  
Date Announced25 Oct 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoTG-131023-DA246

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 proposalConversion of Irredeemable Convertible Preference Shares ("ICPS") into ordinary shares
No. of shares issued under this corporate proposal790,000
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
Units5,051,146,211
CurrencyMYR 2,525,573,105.500
Listing Date28/10/2013

Remarks :
Conversion shall be satisfied by way of the Mode of Conversion as set out in TA Global Berhad's Prospectus dated 30 October 2009. No cash outlay is required by the holders of ICPS upon conversion of the ICPS into TA Global Berhad's ordinary shares.


KONSORT - SUSPENSION OF SECURITIES

Announcement Type: General Announcement
Company NameKONSORTIUM LOGISTIK BERHAD  
Stock Name KONSORT  
Date Announced25 Oct 2013  
CategoryGeneral Announcement
Reference NoKL-131025-30503

TypeAnnouncement
SubjectSUSPENSION OF SECURITIES
DescriptionKONSORTIUM LOGISTIK BERHAD (“KLB” OR “COMPANY”)
- REQUEST FOR SUSPENSION OF TRADING

The Company has requested for a suspension of trading of its securities from 9.00 a.m. on 25 October 2013 to 5.00 p.m. on 25 October 2013 pending a material announcement to be released.

 

The request for suspension is made under Paragraph 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


This announcement is dated 25 October 2013.



KONSORT - KONSORT-Suspension of Trading

Announcement Type: Listing Circular
Company NameKONSORTIUM LOGISTIK BERHAD  
Stock Name KONSORT  
Date Announced25 Oct 2013  
CategoryListing Circular
Reference NoNM-131025-30274

LISTING'S CIRCULAR NO. L/Q : 69032 OF 2013

Kindly be advised that at the request of the above Company, trading in the above Company's securities will be suspended with effect from 9.00 a.m., Friday, 25 October 2013 pending a material announcement.


MPCORP - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameMALAYSIA PACIFIC CORPORATION BERHAD  
Stock Name MPCORP  
Date Announced25 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131024-21A6C

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionMalaysia Pacific Corporation Berhad (“MPCB” or “the Company”) Joint Venture Agreement dated 20 August 2008 between AmanahRaya Development Sdn. Bhd. (“ADSB”) and Oriental Pearl City Properties Sdn. Bhd. (“Oriental”).
We refer to the announcements dated 29 February 2012, 26 March 2012, 25 May 2012, 6 June 2012, 1 October 2012, 31 January 2013 and 24 October 2013 pertaining to the subject matter. The terms herein shall bear the same meaning as defined in the said announcements.
The Board of Directors of MPCB wishes to further announce that immediately after the receipt of the Statutory Notice from ADSB, ADSB had also filed a Writ of Summon H.C. Suit No 22 NCVC-582-10/2013 on 19 October 2013 (“Writ of Summon”) for an injunction against the Company, Oriental and the Company’s wholly-owned subsidiaries, namely, Taman Bandar Baru Masai Sdn Bhd, Creative Ascent Sdn Bhd and MPC Properties Sdn Bhd (hereinafter collectively referred to as the “Defendants”) prohibiting and preventing them from selling, disposing or causing the disposal of certain parcels of land in Johor or entering into any transaction resulting in the disposal or transfer of ownership of the certain parcels of land in Johor. The Writ of Summon received by the Defendants on 24 October 2013 stated that that there was a settlement agreement pursuant to the share option judgment sum of RM113,170,308.20 to be settled by way of land in lieu of cash and to compel the transfer of certain parcels of land in Johor to ADSB, to be the full and final settlement.

The Company’s solicitors were pursuing to finalise the settlement agreement with ADSB’s solicitors to ensure that the settlement agreement was deemed legal and appropriate to satisfy the compliance, but was surprised to be served with Statutory Notice and Writ of Summon. The Statutory Notice contradicts with the Writ of Summon.

The Company’s legal advisor shall seek ADSB to withdraw its Statutory Notice or shall file an injunction against ADSB as the Writ of Summon itself stated that there is an agreed settlement between the Company and ADSB and therefore, the Statutory Notice served to the Company and Oriental was unnecessary.

The Statutory Notice would seriously damage the Company’s image and reputation as well cause a negative impact on the on-going and/or potential joint ventures negotiations and/or memorandum of understanding. Such negative impact would result in enormous damages and losses to the Company. The Company would seek legal recourse to claim damages and losses against ADSB and/or its Board of Directors and/or its principals.

The Company wishes to inform that the Writ of Summon will not have significant impact on the Company’s accounts as the judgment sum had already been fully provided in the accounts of the Company.

Further announcement will be made of at any material development changes as and when appropriate.

This announcement is dated 25 October 2013.


WCT - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced25 Oct 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoWW-131025-33751

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 proposalConversion of Warrants (2013/2016) into Ordinary Shares
No. of shares issued under this corporate proposal800
Issue price per share ($$)MYR 2.040
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units1,092,338,022
CurrencyMYR 546,169,011.000
Listing Date28/10/2013


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