BJCORP - OTHERS DISPOSAL OF 17,452,000 ORDINARY SHARES IN BERJAYA FOOD BERHAD FOR A TOTAL CASH CONSIDERATION OF RM30.00 MILLION
Company Name | BERJAYA CORPORATION BERHAD |
Stock Name | BJCORP |
Date Announced | 7 Oct 2013 |
Category | General Announcement |
Reference No | BC-131007-41450 |
Type | Announcement | |||||||||||||||||||||||||
Subject | OTHERS | |||||||||||||||||||||||||
Description | DISPOSAL OF 17,452,000 ORDINARY SHARES IN BERJAYA FOOD BERHAD FOR A TOTAL CASH CONSIDERATION OF RM30.00 MILLION | |||||||||||||||||||||||||
1.0 INTRODUCTION 1.1 The Board of Directors of Berjaya Corporation Berhad (“BCorporation”) wishes to inform that its wholly-owned subsidiary company, Berjaya Group Berhad (“BGroup”), has today entered into a Sale and Purchase of Shares Agreement (“Agreement”) with Perbadanan Nasional Berhad (“PNS”) and has on the same day disposed, via a direct business transaction, a total of 17,452,000 ordinary shares of RM0.50 each (“Sale Shares”) representing 6.61% equity interest in Berjaya Food Berhad (“BFood”) for a total cash consideration of RM29,999,988 or at RM1.719 per Sale Share (“Disposal Price”) to PNS (“Disposal”). Dato’ Zurainah binti Musa (“Dato’ Zurainah”), an Executive Director of BCorporation has an interest in the Disposal as she has entered into a put and call option arrangement with PNS with regard to the Sale Shares over a period of five (5) years from the completion date of the Disposal (“PNS Arrangement”). 2.0 INFORMATION ON BFOOD 2.1 BFood was incorporated in Malaysia under the Companies Act, 1965 on 21 October 2009 as a private limited company under its present name. On 3 December 2009, BFood was converted to a public limited company and listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 8 March 2011. 2.2 The principal activity of BFood is investment holding whilst its subsidiaries are involved in the development and operation of restaurant chains and retail outlets in Malaysia, Indonesia and Singapore as well as investment holdings. As at 1 October 2013, BFood has an issued and paid-up share capital of RM132,030,810 comprising 264,061,620 ordinary shares of RM0.50 each (“BFood Shares”).
(ii) Deemed interested by virtue of its 100% interest in BGroup and its deemed interest in Berjaya Philippines, Inc. (iii) Deemed interested by virtue of his interests in BCorporation. 3.1 BCorporation via BGroup has on 7 October 2013 disposed, via a direct business transaction, a total of 17,452,000 Sale Shares representing 6.61% equity interest in BFood for a total cash consideration of RM29,999,988 or at RM1.719 per Sale Share to PNS. Upon completion of the Disposal, the shareholding of the BCorporation Group in BFood will decrease by 6.61% to 53.01% comprising 139,967,860 BFood Shares. 3.2 The price of RM1.719 per Sale Share was computed based on a 3% premium over the 5-day volume weighted average price of BFood Shares from 30 September 2013 to 4 October 2013, being the last traded market price prior to the date of this Announcement of RM1.6689 per share. 3.3 The Disposal Price represents the following :-
(b) a premium of 116.9 sen or 212.55% above the audited net assets per BFood Share of 55 sen as at 30 April 2013; and (c) a price-earnings multiple of 21.04 times based on the net earnings per BFood Share of 8.17 sen during the financial year ended 30 April 2013. 4.0 RATIONALE FOR THE DISPOSAL 4.1 The Disposal represents an opportunity for the BCorporation Group to realize part of the value accretion in its investment in BFood. 5.0 EFFECTS OF THE DISPOSAL 5.1 The Disposal does not have any effect on the issued and paid-up share capital and substantial shareholders' shareholdings in BCorporation. 5.2 The reduction in the BCorporation Group’s equity interest in BFood arising from the Disposal is not expected to have any material effect on the net assets, gearing and earnings of the BCorporation Group in the future. The Disposal results in an increase in the reserves of the BCorporation Group by about RM21.64 million during the current financial year ending 30 April 2014. 6.0 APPROVAL REQUIRED 6.1 The highest applicable percentage ratio as per the Main Market Listing Requirements of Bursa Securities relating to the Disposal is about 1.64%. 6.2 The Disposal is not subject to the approval of any authority or shareholders of BCorporation. 7.1 Dato’ Zurainah, an Executive Director of BCorporation, has interest in the PNS Arrangement. 7.2 The Board of Directors of BCorporation (save for Dato’ Zurainah) is of the opinion that the Disposal is in the best interest of the BCorporation Group. 8.0 DOCUMENT FOR INSPECTION This Announcement is dated 7 October 2013. |
PMCAP - PROVISION OF FINANCIAL ASSISTANCE
Company Name | PAN MALAYSIA CAPITAL BERHAD |
Stock Name | PMCAP |
Date Announced | 7 Oct 2013 |
Category | General Announcement |
Reference No | PM-131008-D3DFE |
Type | Announcement |
Subject | PROVISION OF FINANCIAL ASSISTANCE |
Description | Quarterly Report Pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Attached herewith is the quarterly report of the Company pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The announcement is dated 7 October 2013. |
UNICO - Notice of Interest Sub. S-hldr (29A) - Tan Sri Dato' Lee Shin Cheng (Amended Announcement)
Company Name | UNICO-DESA PLANTATIONS BERHAD |
Stock Name | UNICO |
Date Announced | 7 Oct 2013 |
Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
Reference No | CK-131007-64917 |
Particulars of Substantial Securities Holder
Name | Tan Sri Dato' Lee Shin Cheng |
Address | No. 8, Lingkungan 3, Diamond Hill IOI Resort, 62502 Putrajaya Malaysia |
NRIC/Passport No/Company No. | 390603-10-5263 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM0.25 each |
Name & address of registered holder | IOI Plantation Sdn Bhd Two IOI Square, IOI Resort 62502 Putrajaya Malaysia |
Remarks : |
Tan Sri Dato' Lee Shin Cheng is holding 7,099 ordinary shares of RM0.25 each in Unico-Desa Plantations Berhad (“Unico”). The said shares was subscribed pursuant to Offer for Sale by Unico Holdings Berhad since 8 May 2000 and also subscribed through various corporate exercises in Unico over the years. No Unico Shares were acquired within six months prior to the date of the Offer. |
UNICO - Notice of Interest Sub. S-hldr (29A) - Puan Sri Datin Hoong May Kuan (Amended Announcement)
Company Name | UNICO-DESA PLANTATIONS BERHAD |
Stock Name | UNICO |
Date Announced | 7 Oct 2013 |
Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
Reference No | CK-131007-65771 |
Particulars of Substantial Securities Holder
Name | Puan Sri Datin Hoong May Kuan |
Address | No. 8, Lingkungan 3, Diamond Hill IOI Resort, 62502 Putrajaya Malaysia |
NRIC/Passport No/Company No. | 400819-10-5146 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM0.25 each |
Name & address of registered holder | IOI Plantation Sdn Bhd Two IOI Square, IOI Resort 62502 Putrajaya Malaysia |
Remarks : |
Tan Sri Dato' Lee Shin Cheng is holding 7,099 ordinary shares of RM0.25 each in Unico-Desa Plantations Berhad (“Unico”). The said shares was subscribed pursuant to Offer for Sale by Unico Holdings Berhad since 8 May 2000 and also subscribed through various corporate exercises in Unico over the years. No Unico Shares were acquired within six months prior to the date of the Offer. |
UNICO - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Company Name | UNICO-DESA PLANTATIONS BERHAD |
Stock Name | UNICO |
Date Announced | 7 Oct 2013 |
Category | General Announcement |
Reference No | CK-131007-67023 |
Type | Announcement |
Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
Description | UNICO-DESA PLANTATIONS BERHAD ("UNICO" OR THE "COMPANY") MANDATORY TAKE-OVER OFFER BY IOI PLANTATION SDN BHD ("IOI PLANTATION" OR THE "OFFEROR"), A WHOLLY-OWNED SUBSIDIARY OF IOI CORPORATION BERHAD ("IOI CORP" OR THE "ULTIMATE OFFEROR"), TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.25 EACH IN UNICO ("OFFEREE")("UNICO SHARE(S)") NOT ALREADY HELD BY THE OFFEROR AFTER THE ACQUISITION AT A CASH OFFER PRICE OF RM1.17 PER UNICO SHARE ("OFFER") |
We refer to the announcement dated 2 October 2013 in relation to the Offer. Pursuant to Section 33 of the Malaysian Code on Take-Overs and Mergers, 2010 ("Code"), Unico wishes to announce that IOI Plantation, being the Offeror for the Offer, has dealt in the Unico Shares for its own account on 7 October 2013. Please refer to the attachment for further details. This announcement is dated 7 October 2013.
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OGAWA - Changes in Sub. S-hldr's Int. (29B) - Cheah Yew Kong
Company Name | OGAWA WORLD BERHAD |
Stock Name | OGAWA |
Date Announced | 7 Oct 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-131007-61546 |
Particulars of substantial Securities Holder
Name | Cheah Yew Kong |
Address | No 72, Jalan TR 9/1 Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan, Malaysia |
NRIC/Passport No/Company No. | 720125-10-6155 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
Name & address of registered holder | Cheah Yew Keng of No 72, Jalan TR 9/1 Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan, Malaysia |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 07/10/2013 | 2,000 | 1.040 |
Remarks : |
Deemed interested in the indirect interest of 61,200,000 ordinary shares of RM0.50 each registered in the name of Great Genesis Sdn Bhd. |
OGAWA - Changes in Director's Interest (S135) - Cheah Yew Kong
Company Name | OGAWA WORLD BERHAD |
Stock Name | OGAWA |
Date Announced | 7 Oct 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-131007-61044 |
Information Compiled By KLSE
Particulars of Director
Name | Cheah Yew Kong |
Address | No 72, Jalan TR 9/1 Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan, Malaysia |
Descriptions(Class & nominal value) | Ordinary Shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 2,000 | 1.040 |
Circumstances by reason of which change has occurred | Disposed of shares in open market. Deemed interested in shares held by brother, Cheah Yew Keng |
Nature of interest | Indirect |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 363,300 |
Direct (%) | 0.29 |
Indirect/deemed interest (units) | 61,200,000 |
Indirect/deemed interest (%) | 48.21 |
Date of notice | 07/10/2013 |
Remarks : |
Deemed interested in the indirect interest of 61,200,000 ordinary shares of RM0.50 each registered in the name of Great Genesis Sdn Bhd. |
OGAWA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | OGAWA WORLD BERHAD |
Stock Name | OGAWA |
Date Announced | 7 Oct 2013 |
Category | General Announcement |
Reference No | CC-131007-62327 |
Type | Announcement | ||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||
Description | Pursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified on the change of his indirect interests in the securities of the Company as set out in the table below: This announcement is dated 7 October 2013. | ||||||||||||||||||
* Disposal of shares by Mr Chew Yew Keng, brother of Mr Cheah Yew Kong. ** Deemed interested in the indirect interest of 61,200,000 ordinary shares of RM0.50 each registered in the name of Great Genesis Sdn Bhd. |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 7 Oct 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | AG-131007-E8D0E |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
Name & address of registered holder | 1) Employees Provident Fund Board ("EPF Board") Ibu Pejabat KWSP, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur 2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board 3) Citigroup EPF Board (AMUNDI) 4) Citigroup EPF Board (KIB) 5) Citigroup EPF Board (HDBS) 6) Citigroup EPF Board (RHB INV) 7) Citigroup EPF Board (AM INV) 8) Citigroup EPF Board (MAYBAN) 9) Citigroup EPF Board (ALLIANCE) 10) Citigroup EPF Board (NOMURA) 11) Citigroup EPF Board (CIMB PRI) 12) Citigroup EPF Board (ARIM) 13) Citigroup EPF Board (TEMPLETON) 14) Citigroup EPF Board (ABERDEEN) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 02/10/2013 | 138,900 | |
Disposed | 02/10/2013 | 400,000 |
Remarks : |
1) The total number of 1,073,157,806 ordinary shares comprised of the following:- a) Citigroup EPF Board - 971,055,906 b) EPF Board - 3,332,900 c) Citigroup EPF Board (AMUNDI) - 5,620,250 d) Citigroup EPF Board (KIB) - 660,000 e) Citigroup EPF Board (HDBS) - 10,419,375 f) Citigroup EPF Board (RHB INV) - 2,116,400 g) Citigroup EPF Board (AM INV) - 9,412,650 h) Citigroup EPF Board (MAYBAN) - 1,600,000 i) Citigroup EPF Board (ALLIANCE) - 2,000,000 j) Citigroup EPF Board (NOMURA) - 37,203,900 k) Citigroup EPF Board (CIMB PRI) - 17,379,225 l) Citigroup EPF Board (ARIM) - 2,650,000 m) Citigroup EPF Board (TEMPLETON) - 4,007,200 n) Citigroup EPF Board (ABERDEEN) - 5,700,000 2) Form 29B received on 7 October 2013 |
TGUAN - Changes in Director's Interest (S135) - Dato' Ang Poon Chuan
Company Name | THONG GUAN INDUSTRIES BERHAD |
Stock Name | TGUAN |
Date Announced | 7 Oct 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-131007-27C8A |
Information Compiled By KLSE
Particulars of Director
Name | Dato' Ang Poon Chuan |
Address | 57, Pekan Lama Sungai Lalang 08100 Bedong, Kedah |
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) |
Others | 10,000 | 1.520 |
Description of other type of transaction | Aquisition of shares via child |
Circumstances by reason of which change has occurred | Aquisition of shares via child |
Nature of interest | Indirect Interest |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 928,500 |
Direct (%) | 0.88 |
Indirect/deemed interest (units) | 44,496,002 |
Indirect/deemed interest (%) | 42.29 |
Date of notice | 07/10/2013 |
Remarks : |
This notice was received on 7 October 2013. |
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