October 30, 2013

Company announcements: ETITECH, IOICORP, KUCHAI, KLUANG, GASMSIA, BIMB, MAXIS, KHSB, DESTINI

ETITECH - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced30 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131030-41615

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionETITECH CORPORATION BERHAD (“ETITECH” or “the Company”)
Restraining order under Section 176 (10) of the Companies Act, 1965
The Company wishes to announce that on 14 October 2013, the Shah Alam High Court has granted an order, inter alia, that all proceedings and/or actions and/or any further proceedings in any actions and/or commencement of any proceedings and/or actions and/or any intended proceedings against ETITECH and its wholly-owned subsidiary, ETI Tech (M) Sdn Bhd. (“ETI-M”) (collectively, “the Applicants”) including but not limited to winding up, execution, foreclosure, disposal of assets and/or arbitration proceedings as well as any proceedings and/or actions to be taken via the security or collaterals given by the Applicants to any banking institutions and/or creditors be forthwith restrained and stayed pursuant to Section 176 (10) of the Companies Act, 1965 for a period of 3 months (90 days) from the date of the order, except by leave by the Court and subject to such terms as the Court may impose.The sealed copy of Restraining Order was received by the Company on 29 October 2013.
The Group’s businesses are experiencing a significant slowdown due to delay in realization of projects and is a PN1 status company pursuant to the Main Market Listing Requirements. The lenders of ETI-M namely Standard Chartered Bank Berhad, Hong Leong Bank Berhad, Malayan Banking Berhad and Maybank Islamic Berhad respectively has commenced legal proceedings against the Applicants for recovery of their debts.

Nevertheless, the Group is working on a restructuring plan to strengthen its financial position. With the successful implementation of the restructuring plan, the financial position of the Group is expected to be improved and the management will be able to concentrate on strengthening and growing the business.The details of the proposed schemes of arrangement will be announced in due course.

The Restraining Order will allow ETITECH to focus on formalizing the proposed schemes of arrangements unhindered without having to divert its attention and resources to defending and dealing with any proceedings and/or actions from the lenders and/or creditors.

The Restraining Order is not expected to have any material impact on the financial and operational matters of ETITECH Group.

This announcement is dated 30 October 2013.


IOICORP - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIOI CORPORATION BERHAD  
Stock Name IOICORP  
Date Announced30 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-131030-8FC06

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderEmployees Provident Fund Board
(There is no change in shareholding. Currently held 1,600,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
Level 42, Menara Citibank, 165 Jalan Ampang,
50450 Kuala Lumpur
(Disposal of 1,713,100 shares on 25 October 2013. Following the disposal, currently held 609,324,079 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (HDBS)
(There is no change in shareholding. Currently held 8,526,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AM INV)
(There is no change in shareholding. Currently held 3,074,186 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Providend Fund Board (MAYBAN)
(Purchase of 450,000 shares on 25 October 2013. Following the purchase, currently held 1,260,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ALLIANCE)
(There is no change in shareholding. Currently held 3,450,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
(There is no change in shareholding. Currently held 8,400,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)
(There is no change in shareholding. Currently held 5,296,643 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)
(There is no change in shareholding. Currently held 1,350,000 shares.)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired25/10/2013
450,000
 
Disposed25/10/2013
1,713,100
 

Circumstances by reason of which change has occurredPurchase and disposal of equity managed by Portfolio Manager
Nature of interestDirect
Direct (units)642,280,908 
Direct (%)10.05 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change642,280,908
Date of notice28/10/2013

Remarks :
We received the Form 29B of EMPLOYEES PROVIDENT FUND BOARD on 30 October 2013.


KUCHAI - GENERAL MEETINGS: NOTICE OF MEETING (Amended Announcement)

Announcement Type: General Meetings
Company NameKUCHAI DEVELOPMENT BERHAD  
Stock Name KUCHAI  
Date Announced30 Oct 2013  
CategoryGeneral Meetings
Reference NoCC-131030-93D5B

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionKUCHAI DEVELOPMENT BERHAD ("the Company")
- Notice of Forty-Fifth Annual Genaral Meeting

The Board of Kuchai Development Berhad wishes to announce that the Forty-Fifth Annual General Meeting of the Company will be held at Thistle Johor Bahru Hotel, Orchid 1 (LG Floor), Jalan Sungai Chat, 80720 Johor Bahru, Malaysia on Thursday, 28 November 2013 at 9.00 a.m.

Attached is the full text of the Notice of Forty-Fifth Annual General Meeting.

Date of General Meeting Record of Depositors should be 22 November 2013 instead of 29 October 2013.
Date of Meeting28/11/2013
Time09:00 AM
VenueThistle Johor Bahru Hotel,
Orchid 1 (LG Floor), Jalan Sungai Chat,
80720 Johor Bahru,
Malaysia.
Date of General Meeting Record of Depositors22/11/2013

Attachments

Kuchai Development Berhad.pdf
194 KB



KLUANG - GENERAL MEETINGS: NOTICE OF MEETING (Amended Announcement)

Announcement Type: General Meetings
Company NameKLUANG RUBBER COMPANY (MALAYA) BERHAD  
Stock Name KLUANG  
Date Announced30 Oct 2013  
CategoryGeneral Meetings
Reference NoCC-131030-93D47

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionKLUANG RUBBER COMPANY (MALAYA) BERHAD ("the Company")
- Notice of Fifty-Fourth Annual Genaral Meeting

The Board of Kluang Rubber Company (Malaya) Berhad wishes to announce that the Fifty-Fourth Annual General Meeting of the Company will be held at Thistle Johor Bahru Hotel, Orchid 1 (LG Floor), Jalan Sungai Chat, 80720 Johor Bahru, Malaysia on Thursday, 28 November 2013 at 11.00 a.m.

Attached is the full text of the Notice of Fifty-Fourth Annual General Meeting.

Date of General Meeting Record of Depositors should be 22 November 2013 instead of 29 October 2013.
Date of Meeting28/11/2013
Time11:00 AM
VenueThistle Johor Bahru Hotel,
Orchid 1 (LG Floor), Jalan Sungai Chat,
80720 Johor Bahru,
Malaysia.
Date of General Meeting Record of Depositors22/11/2013


GASMSIA - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGAS MALAYSIA BERHAD  
Stock Name GASMSIA  
Date Announced30 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGM-131030-67AED

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4,5&6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed24/10/2013
876,600
 

Circumstances by reason of which change has occurredDisposal of share in open market by KWAP
Nature of interestDirect.
Direct (units)72,092,400 
Direct (%)5.61 
Indirect/deemed interest (units)50,000 
Indirect/deemed interest (%)0.004 
Total no of securities after change72,142,400
Date of notice29/10/2013

Remarks :
The Notice of change in the interests of Substantial Shareholders (Form 29B) was received by Gas Malaysia Berhad on 30 October 2013.


BIMB - 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 NameBIMB HOLDINGS BERHAD  
Stock Name BIMB  
Date Announced30 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBH-131029-03982

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak, Peti Surat No. 11025, 50400 Kuala Lumpur
NRIC/Passport No/Company No.ACT5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderLembaga Tabung Haji of 201, Jalan Tun Razak, Peti Surat No. 11025, 50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed18/10/2013
100,000
 
Acquired23/10/2013
155,100
 

Circumstances by reason of which change has occurred(1) Disposal of Shares and (2) Purchase of Shares
Nature of interestDirect
Direct (units)544,372,139 
Direct (%)51.03 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change544,372,139
Date of notice24/10/2013

Remarks :
Form 29B received on 29 October 2013.


MAXIS - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameMAXIS BERHAD  
Stock Name MAXIS  
Date Announced30 Oct 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoMM-131023-923EA

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposal2009 Employee Share Option Scheme
No. of shares issued under this corporate proposal12,300
Issue price per share ($$)MYR 0.000
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units7,503,096,900
CurrencyMYR 750,309,690.000
Listing Date31/10/2013

Remarks :
[Issue price per share ($$): 3,400 shares at RM5.45; 3,800 shares at RM6.41 and 5,100 shares at RM6.78]

The 5,100 shares out of 12,300 shares issued have vested early in accordance with the 2009 Employee Share Option Scheme Bye-Laws of Maxis Berhad.


KHSB - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameKUMPULAN HARTANAH SELANGOR BERHAD  
Stock Name KHSB  
Date Announced30 Oct 2013  
CategoryGeneral Announcement
Reference NoKH-131028-A9DD4

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionUNCONDITIONAL TAKE-OVER OFFER BY AFFIN INVESTMENT BANK BERHAD (“AFFIN INVESTMENT”) ON BEHALF OF KUMPULAN DARUL EHSAN BERHAD (“KDEB” OR “OFFEROR”) TO ACQUIRE

(I) ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN KUMPULAN HARTANAH SELANGOR BERHAD (“KHSB”) (“KHSB SHARE(S)”) NOT ALREADY OWNED BY KDEB; AND

(II) ALL THE NEW KHSB SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSE OF THE OFFER ARISING FROM THE EXERCISE OF THE OUTSTANDING OPTIONS GRANTED PURSUANT TO KHSB’S EMPLOYEES’ SHARE OPTION SCHEME

(COLLECTIVELY REFERRED TO AS THE “OFFER SHARES”)

FOR A CASH OFFER PRICE OF RM0.836 PER OFFER SHARE (“OFFER”)

The Board of Directors of KHSB wishes to announce that KHSB has today received the attached press notice from AFFIN Investment, on behalf of the Offeror, informing that pursuant to Section 33 of the Malaysian Code on Take Overs and Mergers 2010, the Offeror and Perbadanan Kemajuan Negeri Selangor (being a party acting in concert with KDEB for the purpose of the Offer pursuant to Section 216(3) of the Capital Markets and Services Act, 2007) have dealt in KHSB Shares on 29 October 2013.

Please refer to the attachment for further details.

This announcement is dated 30 October 2013.



DESTINI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameDESTINI BERHAD  
Stock Name DESTINI  
Date Announced30 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131029-D97E4

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionDESTINI BERHAD ("DESTINI" or "THE COMPANY")
- Dealing in the Company's Securities During Close Period Pursuant to Chapter 14.08 of The Main Market Listing Requirements of Bursa Malaysia Securities Berhad

The Board of Directors of Destini Berhad (“Destini” or “the Company”) wishes to announce that the Company has received a notification from Dato’ Rozabil @ Rozamujib Bin Abdul Rahman, the Director of the Company, of his dealing in the Company’s securities during closed period, details of which are set out in the table below :-

i) Warrants

Name

Nature of Interest

Date of Transaction

No. of Warrants Disposed

Price Per Warrant

Dato’ Rozabil @ Rozamujib Bin Abdul Rahman

Indirect

29.10.2013

(1,270,000) (0.52%)

RM0.145


This announcement is dated 30 October 2013.



DESTINI - Changes in Director's Interest (S135) - Dato' Rozabil @ Rozamujib Bin Abdul Rahman

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameDESTINI BERHAD  
Stock Name DESTINI  
Date Announced30 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-131029-D97EC

Information Compiled By KLSE

Particulars of Director

NameDato’ Rozabil @ Rozamujib Bin Abdul Rahman
AddressB-8-16, 10 Semantan
Jalan Semantan, Damansara Heights
49450 Kuala Lumpur
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
29/10/2013
1,270,000
0.145 

Circumstances by reason of which change has occurredDisposal of warrants via open market transaction.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)267,400 
Direct (%)0.11 
Indirect/deemed interest (units)55,473,712 
Indirect/deemed interest (%)22.92 
Date of notice30/10/2013

Remarks :
The change in interest as a result of disposal of 1,270,000 warrants by BPH Capital Sdn Bhd represents 0.52% of the total warrants issued by the Company.


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