October 24, 2013

Company announcements: HOHUP, IVORY, PCHEM, SUNWAY, PESTECH, FGV

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

Announcement Type: General Announcement
Company NameHO HUP CONSTRUCTION COMPANY BHD  
Stock Name HOHUP  
Date Announced24 Oct 2013  
CategoryGeneral Announcement
Reference NoCS-131024-8AD39

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionHO HUP CONSTRUCTION COMPANY BERHAD ("Ho Hup" or "The Company")
- DEALINGS IN SECURITIES OF HO HUP DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08(d) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Dato' Thong Kok Khee, the Non-Independent Non-Executive Director of the Company, had given notice of his indirect dealings in the securities of the Company during closed period, details as set out in the table below:-
Ordinary Shares of RM1.00 each

Date of Transaction
No. of shares acquired/(dispose of)
Percentage (%)
Price per Share (RM)
23/10/2013
436,600
0.43
1.7891

*Acquisition of shares by Insas Plaza Sdn. Bhd. through open market.

This announcement is dated 24 October 2013.

HOHUP - Changes in Director's Interest (S135) - Dato' Thong Kok Khee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHO HUP CONSTRUCTION COMPANY BHD  
Stock Name HOHUP  
Date Announced24 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-131024-8AD36

Information Compiled By KLSE

Particulars of Director

NameDato' Thong Kok Khee
AddressNo. 74, Jalan Setiakasih, Damansara Heights, 50490 Kuala Lumpur
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
23/10/2013
436,600
 

Circumstances by reason of which change has occurredAcquisition of shares by Insas Plaza Sdn. Bhd. through open market.
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)0 
Direct (%)0 
Indirect/deemed interest (units)9,712,000 
Indirect/deemed interest (%)9.52 
Date of notice24/10/2013

HOHUP - Changes in Sub. S-hldr's Int. (29B) - Insas Plaza Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHO HUP CONSTRUCTION COMPANY BHD  
Stock Name HOHUP  
Date Announced24 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-131024-8AD38

Particulars of substantial Securities Holder

NameInsas Plaza Sdn. Bhd.
AddressNo. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
NRIC/Passport No/Company No.150118-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderInsas Plaza Sdn. Bhd.
No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/10/2013
436,600
 

Circumstances by reason of which change has occurredAcquisition of shares through open market.
Nature of interestDirect Interest
Direct (units)5,712,000 
Direct (%)5.6 
Indirect/deemed interest (units)0 
Indirect/deemed interest (%)0 
Total no of securities after change5,712,000
Date of notice24/10/2013

HOHUP - Changes in Sub. S-hldr's Int. (29B) - Insas Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHO HUP CONSTRUCTION COMPANY BHD  
Stock Name HOHUP  
Date Announced24 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-131024-8AD37

Particulars of substantial Securities Holder

NameInsas Berhad
AddressNo. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
NRIC/Passport No/Company No.4081-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderInsas Plaza Sdn. Bhd.
No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/10/2013
436,600
 

Circumstances by reason of which change has occurredAcquisition of shares through open market by Insas Plaza Sdn. Bhd.
Nature of interestIndirect Interest
Direct (units)0 
Direct (%)0 
Indirect/deemed interest (units)9,712,000 
Indirect/deemed interest (%)9.52 
Total no of securities after change9,712,000
Date of notice24/10/2013

IVORY - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameIVORY PROPERTIES GROUP BERHAD  
Stock Name IVORY  
Date Announced24 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131024-57531

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionIVORY PROPERTIES GROUP BERHAD
Disposal of all those parcels of freehold land held under Lot Nos. 3624 (Geran Mukim No. 20), 3625 (Geran Mukim No. 21), 3626 (Geran Mukim No. 22) & 3622 (Geran Mukim No. 23), Mukim 18 Tempat Mt Erskine, Tg. Tokong, Daerah Timor Laut, Negeri Pulau Pinang, measuring approximately 4.0365 hectares by TTG Holdings Sdn. Bhd., a wholly owned subsidiary of Ivory Properties Group Berhad, to Aspen Vision Development Sdn. Bhd. for a total cash consideration of RM35 million (“the Disposal”)

Please refer to the attachment for details of the announcement.

Attachments

IPG-bm-ann-disp land-ttg holdings-F.pdf
40 KB


PCHEM - 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 NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced24 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPC-131024-55F33

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 holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (MAYBAN)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed18/10/2013
100,500
 

Circumstances by reason of which change has occurredSale of shares manage by Portfolio Manager.
Nature of interestDirect
Direct (units)100,500 
Direct (%)0.001 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change989,350,000
Date of notice21/10/2013

Remarks :
Form 29B dated 21 October 2013 was received by the Company on 24 October 2013.

PCHEM - 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 NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced24 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPC-131024-4C17E

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 holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (MAYBAN)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/10/2013
425,800
 
Disposed21/10/2013
65,000
 
Acquired21/10/2013
234,400
 

Circumstances by reason of which change has occurredSale of shares in the open market, sale and purchase of shares manage by Portfolio Manager.
Nature of interestDirect
Direct (units)256,400 
Direct (%)0.003 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change989,093,600
Date of notice22/10/2013

Remarks :
Form 29B dated 22 October 2013 was received by the Company on 24 October 2013.

On 21 October 2013, Employees Provident Fund Board disposed 425,800 shares in the open market, Portfolio Manager for Employees Provident FD BD (MAYBAN)disposed 65,000 shares and Portfolio Manager for Employees Provident FD BD (NOMURA) acquired 234,400 shares.

SUNWAY - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameSUNWAY BERHAD  
Stock Name SUNWAY  
Date Announced24 Oct 2013  
CategoryGeneral Announcement
Reference NoSS-131024-76661

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionSUNWAY BERHAD ("SUNWAY")
- NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES
Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Lim Hai Poh, a Principal Officer of Sunway, has given notice of his dealing in the securities of Sunway outside the closed period, details as set out in the Table below.
Date of Disposal
No. of Shares Disposed
% of Issued Share Capital
Price Transacted
(RM per share)
Remarks
22.10.2013
2,000
0.0001
2.96
Disposal of shares in the open market

This announcement is dated 24 October 2013.

PESTECH - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced24 Oct 2013  
CategoryGeneral Announcement
Reference NoCS-131024-7B35D

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionPESTECH INTERNATIONAL BERHAD ("PESTECH" or "the Company")
- MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PESTECH SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND ABB MALAYSIA SDN. BHD.
Further to the earlier execution of the MOU on 27 June 2013 in relation to the technical cooperation agreement ("TCA") to provide support, technical drawings and supply of Original Equipment Manufacturer ("OEM") products for 11kV and 24kV primary air insulated switchgear ("AIS") between ABB Malaysia Sdn Bhd and PESTECH Sdn Bhd ("PSB"), a wholly-owned subsidiary of the Company, the Board of Directors is pleased to inform that as at today, 24 October 2013, PSB has completed the signing of:-
- TCA Part A: Agreement relating to use of technical drawings between ABB Technology Ltd, Zurich, Switzerland and PSB;
- TCA Part B: Purchase agreement between ABB Malaysia Sdn Bhd and PSB; and
- TCA Part C: Technical Support Agreement between ABB S.p.A, Bergamo, Italy and ABB Xiamen Switchgear Co. Ltd. and PSB.

The TCAs would allow PSB the right to use the technical drawings for the relevant medium voltage AIS products, purchase the ABB OEM products and components such as the circuit breakers, contractors and powercube and receive technical support including participation in the technical support programs to be provided by ABB technical support team from both Bergamo, Italy and Xiamen, China.

This announcement is dated 24 October 2013.

FGV - ARTICLE ENTITLED:FELDA SETTLERS LODGE REPORT

Announcement Type: General Announcement
Company NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced24 Oct 2013  
CategoryGeneral Announcement
Reference NoFG-131024-15C03

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNE-131017-47447
SubjectARTICLE ENTITLED:FELDA SETTLERS LODGE REPORT
DescriptionARTICLE ENTITLED “FELDA SETTLERS LODGE REPORT”
Query Letter Contents We refer to the above article appearing in the The New Straits Times, Page 10
on Thursday, 17 October 2013, a copy of which is enclosed for your reference.

In particular, amongst others, we would like to draw your attention to the
underlined sentences which are reproduced as follows:-

(i) “...Sabri was said to have yet to sign his resignation letter".
(ii) “...if the post in bigdogdotcom was true, FGV had made a false
declaration to Bursa Malaysia".

In accordance with Bursa Securities' Corporate Disclosure Policy, kindly
furnish Bursa Securities with an announcement for public release confirming or
denying the above reported article in particular the underlined sentences after
due and diligent enquiry with all the directors, major shareholders and all
such other persons reasonably familiar with the matters about which the
disclosure is to be made in this respect. In the event you deny the above
reported sentences or any other part of the article, you are required to set
forth facts sufficient to clarify any misleading aspects of the same. In the
event you confirm the above reported sentences or any other part of the
article, you are required to set forth facts sufficient to support the same.

Please furnish Bursa Securities with your reply immediately.

Yours faithfully



MARZUKI MAIDIN
Senior Manager, Issuers
Listing Division
Regulation
MZM/ne
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)

We refer to your letter dated 17 October, 2013.

The tenure of Tan Sri Dato’ Sabri Ahmad (“Tan Sri Sabri”) as the Group President/Chief Executive Officer of Felda Global Ventures Holdings Berhad (“the Company or FGV”) came to an end on 14 July, 2013 and was not renewed by the Company. As such, he effectively retired from the said position as a matter of contract effective 15 July 2013.

Upon Tan Sri Sabri retiring as the Group President/Chief Executive Officer, he is required to relinquish and resign from all his directorships within the FGV group. His directorships in the companies within the FGV group were by virtue of his position as the Group President/Chief Executive Officer. Pending his formal resignation, Tan Sri Sabri was re-designated as a non-independent non-executive director of the Company.

It should be noted that Tan Sri Sabri was a Government Appointed Director (within the meaning provided in the Articles of Association of the Company). The Government of Malaysia (“the Government”) is the special shareholder of the Company through its ownership of a special share in the Company. Exercising its special shareholder power to appoint and remove any Government Appointed Director, the Government decided that Tan Sri Sabri would cease to be a director of the Company effective 29 August, 2013.

The Company convened a Board of Directors meeting on 29 August, 2013. The directors present agreed that in view of Tan Sri Sabri’s critical health condition as well as that the resignation of Tan Sri Sabri was a matter of process and in the interest of shareholders, Tan Sri Sabri’s resignation from the Company be approved immediately and an announcement be made to Bursa Malaysia.

Pursuant to the decision by the Board, letters of resignation were prepared and delivered to Tan Sri Sabri for his action. It was therefore intended for Tan Sri Sabri to hand in his resignation letters as a director of the Company and also the relevant subsidiaries. However, the Company was then made aware of Tan Sri Sabri’s critical health condition. As Tan Sri Sabri’s next of kin had requested for strict privacy, the Company did not pursue the signing of these letters which have yet to be returned to the Company.

In view of the background above, the board took the view that the Company was bound under the listing requirements of Bursa Malaysia to make an announcement on 29 August, 2013 that Tan Sri Sabri had ceased to be a director of the Company. This was necessary even though the resignation letter was not received by the Company.

The Company does not agree with the allegation mentioned in the news article above or other articles/blogs insinuating the same. The Company takes the view that it is appropriate to describe Tan Sri Sabri’s cessation as a Government Appointed Director as a “resignation”. The Company regrets having to touch on personal matters of its existing and former employee or director. It is hoped that the above explanation sufficiently clarifies the matter as requested by Bursa Malaysia. If not for the news article and the need to reply to this query, the Company would have preferred not to have delved into the details on Tan Sri Sabri’s personal health condition and the circumstances surrounding his “resignation”.


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