October 21, 2013

Company announcements: HARNLEN, EPMB, MTEAM, TALIWRK, PRLEXUS

HARNLEN - Changes in Director's Interest (S135) - LOW KUEK KONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced21 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCJ-131017-E4E45

Information Compiled By KLSE

Particulars of Director

NameLOW KUEK KONG
AddressNO. 93, JALAN DATO' SULAIMAN, TAMAN CENTURY, 80250 JOHOR BAHRU
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
16/10/2013
120,000
1.000 
Others
16/10/2013
120,000
1.000 

Description of other type of transactionDisposal of shares in Harn Len Corporation Bhd by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal.
Circumstances by reason of which change has occurredDisposal of 120,000 ordinary shares of RM1.00 each in Harn Len by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal of which Mr Low Kuek Kong is deemed interested.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)124,834,208 
Indirect/deemed interest (%)67.3 
Date of notice21/10/2013

Remarks :
124,834,208 - Deemed Interest:
Deemed interested in the shares held by Low Nam Hui United Holdings Sdn Bhd, Low Nam Hui & Sons Sdn Bhd, LNH Enterprise Sdn Bhd, Seri Cemerlang Plantation (Pahang) Sdn Bhd, Yong Yaow Properties Sdn Bhd and Shande Ancestral Park Berhad and the shares held by his immediate family members Tan Sri Dato’ Low Nam Hui, Puan Sri Datin Chan Pui Leorn, Low Quek Kiong, Low Kok Yong and Low Siew Eng pursuant to Section 6A of the Companies Act, 1965.


HARNLEN - Changes in Sub. S-hldr's Int. (29B) - TAN SRI DATO' LOW NAM HUI

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced21 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCJ-131017-59BC0

Particulars of substantial Securities Holder

NameTAN SRI DATO' LOW NAM HUI
AddressNO. 2, JALAN CHANTUM, TAMAN KOLAM AIR, 80200 JOHOR BAHRU
NRIC/Passport No/Company No.180108-71-5325
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder1. LOW NAM HUI UNITED HOLDINGS SDN BHD
6th Floor, Johor Tower, No. 15 Jalan Gereja, 80100 Johor Bahru
2. TAN SRI DATO' LOW NAM HUI
No. 2, Jalan Chantum, Taman Kolam Air, 80200 Johor Bahru

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/10/2013
120,000
1.000 
Others16/10/2013
120,000
1.000 

Description of other type of transactionAcquisition of shares in Harn Len Corporation Bhd from Low Nam Hui United Holdings Sdn Bhd (839293-T) via direct deal.
Circumstances by reason of which change has occurred1. Acquisition of 120,000 ordinary shares of RM1.00 each in Harn Len by Tan Sri Dato' Low Nam Hui from Low Nam Hui United Holdings Sdn Bhd via direct deal.
2. Disposal of 120,000 ordinary shares of RM1.00 each in Harn Len by Low Nam Hui United Holdings Sdn Bhd to Tan Sri Dato' Low Nam Hui via direct deal of which Tan Sri Dato' Low Nam Hui is deemed interested.
Nature of interestDirect and Indirect
Direct (units)5,384,333 
Direct (%)2.9 
Indirect/deemed interest (units)119,449,875 
Indirect/deemed interest (%)64.4 
Total no of securities after change124,834,208
Date of notice21/10/2013

Remarks :
119,449,875- Deemed Interest:
Deemed interested in the shares held by Low Nam Hui United Holdings Sdn Bhd, Low Nam Hui & Sons Sdn Bhd, LNH Enterprise Sdn Bhd, Seri Cemerlang Plantation (Pahang) Sdn Bhd, Yong Yaow Properties Sdn Bhd and Shande Ancestral Park Berhad and the shares held by his immediate family members Puan Sri Datin Chan Pui Leorn, Low Quek Kiong, Low Kok Yong and Low Siew Eng pursuant to Section 6A of the Companies Act, 1965.


HARNLEN - Changes in Sub. S-hldr's Int. (29B) - LOW KUECK SHIN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced21 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCJ-131017-59BC2

Particulars of substantial Securities Holder

NameLOW KUECK SHIN
AddressNO. 93, JALAN DATO' SULAIMAN, TAMAN CENTURY, 80250 JOHOR BAHRU
NRIC/Passport No/Company No.560708-01-5669
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder1. LOW NAM HUI UNITED HOLDINGS SDN BHD
6th Floor, Johor Tower, No. 15 Jalan Gereja, 80100 Johor Bahru
2. TAN SRI DATO' LOW NAM HUI
No. 2, Jalan Chantum, Taman Kolam Air, 80200 Johor Bahru

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others16/10/2013
120,000
1.000 
Others16/10/2013
120,000
1.000 

Description of other type of transactionDisposal of shares in Harn Len Corporation Bhd by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal.
Circumstances by reason of which change has occurredDisposal of 120,000 ordinary shares of RM1.00 each in Harn Len by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal of which Mr Low Kueck Shin is deemed interested.
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)124,834,208 
Indirect/deemed interest (%)67.3 
Total no of securities after change124,834,208
Date of notice21/10/2013

Remarks :
124,834,208 - Deemed Interest:
Deemed interested in the shares held by Low Nam Hui United Holdings Sdn Bhd, Low Nam Hui & Sons Sdn Bhd, LNH Enterprise Sdn Bhd, Seri Cemerlang Plantation (Pahang) Sdn Bhd, Yong Yaow Properties Sdn Bhd and Shande Ancestral Park Berhad and the shares held by his immediate family members Tan Sri Dato’ Low Nam Hui, Puan Sri Datin Chan Pui Leorn, Low Quek Kiong, Low Kok Yong and Low Siew Eng pursuant to Section 6A of the Companies Act, 1965.


HARNLEN - Changes in Sub. S-hldr's Int. (29B) - LOW QUEK KIONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced21 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCJ-131017-59BC1

Particulars of substantial Securities Holder

NameLOW QUEK KIONG
AddressNO. 6, JALAN JERAU, TAMAN PELANGI, 80400 JOHOR BAHRU
NRIC/Passport No/Company No.510801-01-5545
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder1. LOW NAM HUI UNITED HOLDINGS SDN BHD
6th Floor, Johor Tower, No. 15 Jalan Gereja, 80100 Johor Bahru
2. TAN SRI DATO' LOW NAM HUI
No. 2, Jalan Chantum, Taman Kolam Air, 80200 Johor Bahru

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others16/10/2013
120,000
1.000 
Others16/10/2013
120,000
1.000 

Description of other type of transactionDisposal of shares in Harn Len Corporation Bhd by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal.
Circumstances by reason of which change has occurredDisposal of 120,000 ordinary shares of RM1.00 each in Harn Len by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal of which Mr Low Quek Kiong is deemed interested.
Nature of interestIndirect
Direct (units)20,000 
Direct (%)0.01 
Indirect/deemed interest (units)124,814,208 
Indirect/deemed interest (%)67.29 
Total no of securities after change124,834,208
Date of notice21/10/2013

Remarks :
124,814,208 - Deemed Interest:
Deemed interested in the shares held by Low Nam Hui United Holdings Sdn Bhd, Low Nam Hui & Sons Sdn Bhd, LNH Enterprise Sdn Bhd, Seri Cemerlang Plantation (Pahang) Sdn Bhd, Yong Yaow Properties Sdn Bhd and Shande Ancestral Park Berhad and the shares held by his immediate family members Tan Sri Dato’ Low Nam Hui, Puan Sri Datin Chan Pui Leorn, Low Kok Yong and Low Siew Eng pursuant to Section 6A of the Companies Act, 1965.


HARNLEN - Changes in Sub. S-hldr's Int. (29B) - PUAN SRI DATIN CHAN PUI LEORN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced21 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCJ-131017-59BCC

Particulars of substantial Securities Holder

NamePUAN SRI DATIN CHAN PUI LEORN
AddressNO. 2, JALAN CHANTUM, TAMAN KOLAM AIR, 80200 JOHOR BAHRU
NRIC/Passport No/Company No.580822-01-5708
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder1. LOW NAM HUI UNITED HOLDINGS SDN BHD
6th Floor, Johor Tower, No. 15 Jalan Gereja, 80100 Johor Bahru
2. TAN SRI DATO' LOW NAM HUI
No. 2, Jalan Chantum, Taman Kolam Air, 80200 Johor Bahru

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others16/10/2013
120,000
1.000 
Others16/10/2013
120,000
1.000 

Description of other type of transactionDisposal of shares in Harn Len Corporation Bhd by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal.
Circumstances by reason of which change has occurredDisposal of 120,000 ordinary shares of RM1.00 each in Harn Len by Low Nam Hui United Holdings Sdn Bhd (839293-T) to Tan Sri Dato' Low Nam Hui via direct deal of which Puan Sri Datin Chan Pui Leorn is deemed interested.
Nature of interestIndirect
Direct (units)500,000 
Direct (%)0.27 
Indirect/deemed interest (units)124,334,208 
Indirect/deemed interest (%)67.03 
Total no of securities after change124,834,208
Date of notice21/10/2013

Remarks :
124,334,208 - Deemed Interest:
Deemed interested in the shares held by Low Nam Hui United Holdings Sdn Bhd, Low Nam Hui & Sons Sdn Bhd, LNH Enterprise Sdn Bhd, Seri Cemerlang Plantation (Pahang) Sdn Bhd, Yong Yaow Properties Sdn Bhd and Shande Ancestral Park Berhad and the shares held by her immediate family members Tan Sri Dato’ Low Nam Hui, Low Quek Kiong, Low Kok Yong and Low Siew Eng pursuant to Section 6A of the Companies Act, 1965.


EPMB - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameEP MANUFACTURING BHD  
Stock Name EPMB  
Date Announced21 Oct 2013  
CategoryGeneral Announcement
Reference NoEM-131021-58509

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionEP MANUFACTURING BHD (“EPMB” OR “THE COMPANY”)
WRIT SUMMON (“WRIT SUMMON”) AND STATEMENT OF CLAIM (“CLAIM”) FILED BY SALCON ENGINEERING BERHAD (“SALCON”) AGAINST CIRCLE RING NETWORK SDN BHD (“CRN”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Further to the Company’s announcements dated 12 April 2013, 15 April 2013, 18 April 2013, 20 May 2013 and 19 June 2013 in relation to the above matter, the Company wishes to announce that it’s solicitors had informed that the Court has set for continued trial of the matter on 29 October 2013 and 6 to 7 November 2013.

This announcement is dated 21 October 2013.



MTEAM - OTHERS MAJOR TEAM HOLDINGS BERHAD (“MTHB” OR “COMPANY”)

Announcement Type: General Announcement
Company NameMAJOR TEAM HOLDINGS BERHAD  
Stock Name MTEAM  
Date Announced21 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131021-3B4D1

TypeAnnouncement
SubjectOTHERS
DescriptionMAJOR TEAM HOLDINGS BERHAD (“MTHB” OR “COMPANY”)
CONDITIONAL TAKE-OVER OFFER (“EXIT OFFER”) FROM MADAM KONG SEE KUAN, EXCELLENT AVENUE (M) SDN BHD AND AMPLE POTENTIAL SDN BHD (COLLECTIVELY, “JOINT OFFERORS”)
DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

This announcement is dated 21 October 2013.

We refer to the offer document dated 3 October 2013 in relation to the Exit Offer.

We wish to announce that the Company had received a notification from AmInvestment Bank Berhad, on behalf of the Joint Offerors, that the Joint Offerors have dealt in MTHB Shares.

A copy of the notice is attached.


TALIWRK - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTALIWORKS CORPORATION BERHAD  
Stock Name TALIWRK  
Date Announced21 Oct 2013  
CategoryGeneral Announcement
Reference NoCS-131021-70B73

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTALIWORKS CORPORATION BERHAD (“the Company” or “Taliworks”)
- Arbitration between Hua Sheng Construction Group Co. Ltd (“Hua Sheng”) and Ningxia Eco Wastewater Treatment Co. Ltd (“Ningxia Eco”), a subsidiary of Taliworks
Applicant : Hua Sheng
Respondent : Ningxia Eco
Subsequent to the announcements made by the Company on 13 July 2012 and 17 July 2012 in relation to the above matter whereby the decision in the arbitration award by the China International Economic and Trade Arbitration Commission, Shanghai sub-commission (“CIETAC”) was held to be final, the Board of Directors of Taliworks wishes to inform that the Applicant had applied for a further arbitration and Ningxia Eco had received the new Arbitration Notice from CIETAC on 15 October 2013. The details of the arbitration application are as follows:-
1) The penalty for breach of contract to be borne by the Respondent shall be raised from the rate stated in the contract i.e., 8% to 20% of the total contract value;

2) The penalty amount to be paid by the Respondent would be equivalent to RMB11,298,900, being the total contract value of RMB63,200,000 x 89.39% x 20%. (work done before termination of contract was 10.61%); and

3) The Respondent shall bear the arbitration cost, applicant’s legal cost and property preservation fee.

The hearing date is not fixed yet. As this arbitration is at the preliminary stage, the Board is not in a position to determine the financial impact on the financial results of the Group for the current financial year.

The Company is seeking legal advice on the matter and will make further announcement in respect of any material development thereof.

This announcement is dated 21 October 2013.


PRLEXUS - OTHERS PROLEXUS BERHAD (“Prolexus” or “the Company”) REASON FOR VARIATION ON THE RATE OF DIVIDEND DECLARED COMPARED FOR THE CORRESPONDING PERIOD IN THE PREVIOUS YEAR

Announcement Type: General Announcement
Company NamePROLEXUS BERHAD  
Stock Name PRLEXUS  
Date Announced21 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131017-0F011

TypeAnnouncement
SubjectOTHERS
DescriptionPROLEXUS BERHAD (“Prolexus” or “the Company”)
REASON FOR VARIATION ON THE RATE OF DIVIDEND DECLARED COMPARED FOR THE CORRESPONDING PERIOD IN THE PREVIOUS YEAR
The Board of Prolexus is pleased to recommend a First and Final Franked Dividend of 2 sen per ordinary share of RM0.50 each less income tax of 25% and a Special Tax Exempt Dividend of 1 sen per ordinary share of RM0.50 each for the financial year ended 31 July 2013, which is higher than the rate of dividend declared for the corresponding period in the financial year ended 31 July 2012. The proposed dividend is attributed to the encouraging performance of the Group for the financial year ended 31 July 2013.

The First and Final Franked Dividend of 2 sen per ordinary share of RM0.50 each, less income tax of 25% and a Special Tax Exempt Dividend of 1 sen per ordinary share of RM0.50 each for the financial year ended 31 July 2013 are subject to shareholders’ approval at the forthcoming annual general meeting of the Company.

This announcement is dated 21 October 2013.



PRLEXUS - OTHERS PROPOSED AMENDMENTS TO THE COMPANY'S ARTICLES OF ASSOCIATION

Announcement Type: General Announcement
Company NamePROLEXUS BERHAD  
Stock Name PRLEXUS  
Date Announced21 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131017-59455

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED AMENDMENTS TO THE COMPANY'S ARTICLES OF ASSOCIATION
The Board of Directors of Prolexus Berhad ("the Company") is pleased to announce that the Company is proposing to amend its Articles of Association ("Proposed Articles Amendments") for the purpose of updating the existing Company's Articles of Association for better clarification and to ensure consistency throughout the Company's Articles of Association and to be in line with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The Company shall be seeking the shareholders' approval for the Proposed Articles Amendments at the forthcoming 21th Annual General Meeting of the Company.
This announcement is dated 21 October 2013.


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