October 31, 2013

Company announcements: SPRITZR, PERDANA, HAISAN, TOPGLOV, DNONCE, SKBSHUT, DEGEM, PWORTH

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

Announcement Type: General Announcement
Company NameSPRITZER BHD  
Stock Name SPRITZR  
Date Announced31 Oct 2013  
CategoryGeneral Announcement
Reference NoSS-131030-35128

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealings in the securities of the Company by Y. B. Mohd Adhan bin Kechik, SMK, an Independent Non-Executive Director of the Company outside closed period, details as set out in the table below.

Warrants 2011/2016

Date

Price transacted (RM per Warrant)

Number of Warrants

Percentage of Issued Warrants of 32,657,334

Circumstances by reason of which change has occured

29.10.2013

0.605

30,500

0.093

Disposal of Warrants in the open market

29.10.2013

0.61

30,000

0.092

Disposal of Warrants in the open market

29.10.2013

0.615

80,000

0.245

Disposal of Warrants in the open market

This announcement is dated 31 October 2013.



SPRITZR - Changes in Director's Interest (S135) - Mohd Adhan bin Kechik, SMK

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSPRITZER BHD  
Stock Name SPRITZR  
Date Announced31 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoSS-131030-35392

Information Compiled By KLSE

Particulars of Director

NameMohd Adhan bin Kechik, SMK
Address33A-1-7, Villa Putera
Jalan Tun Ismail
50480 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
30,500
0.605 
Disposed
29/10/2013
30,000
0.610 
Disposed
29/10/2013
80,000
0.615 

Circumstances by reason of which change has occurredDisposal of Warrants in the open market
Nature of interestDirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)500,333 
Direct (%)1.532 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice31/10/2013


PERDANA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced31 Oct 2013  
CategoryGeneral Announcement
Reference NoMM-131031-55506

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionPERDANA PETROLEUM BERHAD (“PPB”)

PROPOSED BONUS ISSUE OF UP TO 222.6 MILLION NEW ORDINARY SHARES OF RM0.50 EACH IN PPB (“PPB SHARES”) (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY FIVE (5) EXISTING PPB SHARES HELD BY THE ENTITLED SHAREHOLDERS ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”)

We refer to the announcements dated 27 August 2013 and 11 October 2013 in relation to the Proposed Bonus Issue. All abbreviations herein shall have the same meanings as those used in the abovementioned announcements unless stated otherwise.

On behalf of PPB, CIMB Investment Bank Berhad (“CIMB”) wishes to announce that Bursa Securities has, vide its letter dated 31 October 2013, granted the approval for the listing of and quotation for:

(i) up to 222,604,714 new PPB Shares to be issued pursuant to the Proposed Bonus Issue (“Bonus Shares”);

(ii) up to 16,563,093 new Warrants 2010/2015 ("Warrants") arising from the adjustment to the number of outstanding Warrants pursuant to the Proposed Bonus Issue (“Adjustment Warrants”); and

(iii) up to 16,563,093 new PPB Shares to be issued pursuant to the exercise of the Adjustment Warrants.

The approval granted by Bursa Securities for the listing of and quotation for the Bonus Shares is subject to the following conditions:

(i) PPB and CIMB must fully comply with the relevant provisions under the Main Market Listing Requirements (“MMLR”) pertaining to the implementation of the Proposed Bonus Issue;

(ii) PPB and CIMB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(iii) PPB to furnish Bursa Securities with written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed; and

(iv) PPB and CIMB are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a) & (b) and 6.35(4) of the MMLR.

This announcement is dated 31 October 2013.



HAISAN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHAISAN RESOURCES BERHAD  
Stock Name HAISAN  
Date Announced31 Oct 2013  
CategoryGeneral Announcement
Reference NoHR-131031-61188

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHAISAN RESOURCES BERHAD (“HAISAN” OR “THE COMPANY”)

WRIT OF SUMMONS AND STATEMENT OF CLAIM
- SHAH ALAM HIGH COURT SUIT NO. 22NCVC-648-10/2013 (“THE SUIT”)

Further to the Company’s announcement dated 29 October 2013 in respect of the Suit, the Loss per Share (“LPS”) of Haisan Group will increase by 5.96 sen if the claim by TNB is crystalised. The LPS is computed based on the present number of ordinary shares in issue in Haisan of 80,540,900 ordinary share of RM0.50 each (excluding 7,604,100 treasury shares).

This announcement is dated 31 October 2013.



TOPGLOV - 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 NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced31 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-131029-4D605

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 RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
for Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang
50450, Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired28/10/2013
500,000
 

Circumstances by reason of which change has occurredAcquisition of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.
Nature of interestDirect Interest
Direct (units)33,552,473 
Direct (%)5.4074 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change33,552,473
Date of notice29/10/2013

Remarks :
The total number of 33,552,473 Ordinary Shares of RM0.50 each are held through the following holders:
1) 26,098,073 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;
2) 1,500,000 Ordinary Shares are registered in the name of Employees Provident Fund Board;
3) 502,700 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (KIB);
4) 3,166,100 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI);
5) 600,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM); and
6) 1,685,600 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON).

Top Glove Corporation Bhd received the Form 29B on 31 October 2013.


DNONCE - OTHERS APPLICATION TO STRIKE OFF D'NONCE LABELS (M) SDN. BHD., A DORMANT WHOLLY-OWNED SUBSIDIARY OF D'NONCE TECHNOLOGY BHD., PURSUANT TO SECTION 308 OF THE COMPANIES ACT, 1965

Announcement Type: General Announcement
Company NameD'NONCE TECHNOLOGY BHD  
Stock Name DNONCE  
Date Announced31 Oct 2013  
CategoryGeneral Announcement
Reference NoCP-131031-E729F

TypeAnnouncement
SubjectOTHERS
DescriptionAPPLICATION TO STRIKE OFF D'NONCE LABELS (M) SDN. BHD., A DORMANT WHOLLY-OWNED SUBSIDIARY OF D'NONCE TECHNOLOGY BHD., PURSUANT TO SECTION 308 OF THE COMPANIES ACT, 1965

Further to our announcement dated 12 December 2012, the Board of Directors of D'nonce Technology Bhd.  wishes to announce that the Company has on, 31 October 2013, received a notice dated 3 October 2013 pursuant to Section 308(4) of the Companies Act, 1965 from the Companies Commission of Malaysia ("CCM") in relation to the strike off of D'nonce Labels (M) Sdn. Bhd. ("DLSB"). The CCM shall publish the notice thereon in the Gazette, and on the publication in the Gazette of this notice DLSB shall be dissolved.

This announcement is dated 31 October 2013.

 


DNONCE - OTHERS D'nonce Technology Bhd. ("the Company") Fire incident at the manufacturing facilities of a subsidiary of the Company

Announcement Type: General Announcement
Company NameD'NONCE TECHNOLOGY BHD  
Stock Name DNONCE  
Date Announced31 Oct 2013  
CategoryGeneral Announcement
Reference NoCP-131031-F398C

TypeAnnouncement
SubjectOTHERS
DescriptionD'nonce Technology Bhd. ("the Company")
Fire incident at the manufacturing facilities of a subsidiary of the Company

Further to the announcement made on 30 October 2013, the Directors of D’nonce Technology Bhd. (“the Company”) wish to inform that ISCM Industries (Thailand) Co. Ltd ("ISCMI") is a wholly-owned subsidiary of ISCM Technology (Thailand) Co. Ltd which is a wholly-owned subsidiary of the Company. However, ISCMI is not deemed as a major subsidiary as defined in the Main Market Listing Requirements which means a subsidiary which contributes 70% or more of the profit before tax or total assets employed of the listed issuer on a consolidated basis.

This announcement is dated 31 October 2013.



SKBSHUT - Annual Audited Accounts - 30 June 2013

Announcement Type: PDF Submission
Company NameSKB SHUTTERS CORPORATION BERHAD  
Stock Name SKBSHUT  
Date Announced31 Oct 2013  
CategoryPDF Submission
Reference NoCC-131031-51948

SubjectAnnual Audited Accounts - 30 June 2013


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

Announcement Type: General Announcement
Company NameDEGEM BERHAD  
Stock Name DEGEM  
Date Announced31 Oct 2013  
CategoryGeneral Announcement
Reference NoCS-131031-61727

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionACQUISITION OF TWO (2) ORDINARY SHARES OF RM1-00 EACH REPRESENTING 100% OF THE EQUITY INTEREST IN DEPADDLE SDN. BHD., BY THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, P.Y.T. JEWEL & TIME SDN. BHD. ("ACQUISITION")

INTRODUCTION
The Board of Directors of Degem Berhad (“DeGem” or “the Company”) wishes to announce that its wholly-owned subsidiary, P.Y.T. JEWEL & TIME SDN. BHD. ("PYTJT") has acquired a dormant company named DEPADDLE SDN. BHD. (Company No. 1067884-P) ("DSB") for a cash consideration of RM2.00 only.


INFORMATION ON DSB

DSB, a private limited company, was incorporated in Malaysia under the Companies Act, 1965 on 28 October 2013. The authorised share capital of DSB is RM400,000/- divideded into 400,000 ordinary shares of RM1/- each of which 2 shares have been issued and paid-up.

Mr. Choong Khoi Onn and Mr. Choong Kay Cheong were the subscribers for the set-up of DSB.

 

DSB has not commenced operations yet. The intended principal activities are those of trading and retailing including on-line retailing in all kinds of jewelleries and precious stones.

 

DETAILS OF THE ACQUISITION

PYTJT  has on 31 October 2013 acquired two (2) ordinary shares in DSB from Mr. Choong Khoi Onn and Mr. Choong Kay Cheong for a total cash consideration of RM2.00 only. The purchase price of RM1.00 per share was arrived at based on the par value of the shares in DSB.

 

The Acquisition has rendered DSB to be a wholly-owned subsidiary of PYTJT, which in turn is a wholly-owned subsidiary of DeGem.  Mr. Choong Khoi Onn, Mr. Choong Kai Fatt and  Mr. Choong Kay Cheong have been nominated to sit on the Board of DSB.

 

RATIONALE OF THE ACQUISITION

DSB is set up for the purpose of carrying on business of trading and retailing including on-line retailing in all kinds of jewelleries and precious stones.

 

APPROVALS REQUIRED
The Acquisition is not subject to the approval of shareholders of DeGem or any other relevant authorities.

EFFECTS OF THE ACQUISITION

The Acquisition will not have any effect on the share capital and substantial shareholders' shareholding in the Company and it is not expected to have any material effect on the net assets per share and earnings per share of the Group for the financial year ending 31 December 2013. The Acquisition, which is in cash, will not have any effect on the share capital and substantial shareholders' shareholdings of DeGem.

DIRECTORS’ AND/OR MAJOR SHAREHOLDERS’ INTEREST

Mr. Choong Khoi Onn and Mr. Choong Kay Cheong are the vendors of the two (2) shares in DSB and they are also the Executive Directors and major shareholders of DeGem. Hence, they are deemed interested in the above Acquisition.  The interested Directors have abstained from deliberation and voting on the board resolution pertaining to the Acquisition.

 

Their brothers, Mr. Choong Kai Fatt and Choong Kai Soon, who are also Executive Directors and major shareholders of the Company have likewise abstained from deliberation and voting on the board resolution pertaining to the Acquisition.

 

Save as disclosed, none of the other Directors or major shareholders has any interest, direct or indirect, in the Acquisition. 

 


STATEMENT BY DIRECTORS

The Board of Directors of DeGem having considered all aspects of the Acquisition is of the opinion that the Acquisition is in the best interest of DeGem.



This announcement is dated 31 October 2013.



PWORTH - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company NamePRICEWORTH INTERNATIONAL BERHAD  
Stock Name PWORTH  
Date Announced31 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131031-41927

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionLOG PRODUCTION VOLUMES FOR SEPTEMBER 2013

In accordance with the Paragraph 9.36 of the Main Market Listing Requirements, Priceworth International Berhad wishes to announce that the Group's log production figures for the month of September 2013 is 917.93m3.



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