November 22, 2013

Company announcements: AASIA, LTKM, OCTAGON, KOSSAN, SAMUDRA, THHEAVY, BARAKAH

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

Announcement Type: General Announcement
Company NameASTRAL ASIA BERHAD  
Stock Name AASIA  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoAA-131114-52833

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionCrop Production for October 2013


Fresh Fruits Bunches (m/t)Crude Palm Oil (m/t)Palm Kernel (m/t)
AASIA Group's Plantations5,6531,129307
Plantations managed by AASIA Group3,7431.181200
Total Production Output9,3962,310507


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

Announcement Type: General Announcement
Company NameLTKM BERHAD  
Stock Name LTKM  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoCC-131122-7BA55

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionLTKM Berhad ("LTKM")
- Principal Officer's Disclosure of Dealing in Securities pursuant to Paragraph 14.08 of the Listing Requirements
The Company has today received a notification from YBJ Capital Sdn Bhd, a company controlled by Tan Yee Boon, a principal officer of LTKM, of his dealing in the securities of the Company as follows:-
Opening
Balance
Acquisition
Price Per
Snare
Closing
Balance
% of Issued Share Capital
873,000
3,000
RM2.69
876,000
0.0069

This announcement is dated 22 November 2013.


OCTAGON - PRACTICE NOTE 17 / GUIDANCE NOTE 3:SUSPENSION AND/OR DELISTING

Announcement Type: General Announcement
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoOS-131122-5AD5B

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
SUSPENSION AND/OR DELISTING
DescriptionOCTAGON CONSOLIDATED BERHAD (“OCTAGON” OR THE “COMPANY”)

APPEAL AGAINST SUSPENSION AND DE-LISTING OF THE SECURITIES OF THE COMPANY

We refer to the Company’s announcement dated 19 November 2013 wherein it was announced that:

 

(i)  Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 19 November 2013 notified the Company that Octagon had failed to make the Requisite Announcement by 18 October 2013 and Octagon’s application for a further extension of time to make the Requisite Announcement and to submit the regularisation plan has been rejected, the rejection of which has also been communicated by Bursa Securities to the Company on 19 November 2013.

 

(ii) In the circumstances as set out above and pursuant to Paragraph 8.04(5) of the Main Market Listing Requirement of Bursa Securities:

 

(a) the trading in the securities of the Company will be suspended with effect from 27 November 2013; and

 

(b)  the securities of the Company will be de-listed on 29 November 2013 unless an appeal against the de-listing is submitted to Bursa Securities on or before 26 November 2013 ("the Appeal Timeframe").  Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

 

(iii) In the event that the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 29 November 2013 shall be deferred pending the decision on the Company’s appeal.

 

Pursuant thereto, on behalf of the Board of Directors of Octagon, M&A Securities Sdn Bhd is pleased to announce that an appeal has been submitted on 22 November 2013 to Bursa Securities on its decision to suspend the trading in the securities of the Company and de-listing of the securities of Company from the Official List of Bursa Securities.

 

 

This announcement is dated 22 November 2013.



OCTAGON - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced22 Nov 2013  
CategoryChange in Boardroom
Reference NoOC-131122-94215

Date of change22/11/2013
NameMariam Binti Tun Sulaiman
Age60
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsSelf-made businesswoman 
Working experience and occupation She is an entrepreneur with over 20 years in SME, international franchise, international relations and management.

She was the co-founder, whom brought the Body Shop international franchise of Malaysia. She was awarded the 1993 Entrepreneur of the Year Award by Peniagawati (Association of Bumiputra Women in Business & Profession). This award was presented in January 1994 by the then Prime Minister of Malaysia, YB Dato’ Sri Dr. Mahathir Mohamed.

In August 1997, she received Anugerah Tokoh Emas/ Golden Award Business Category from the Malays Girls’ College/ Kolej Tunku Kurshiah Old Girls Association on the occasion of the college’s Golden Jubilee. This award was presented by His Majesty, The Yang Di-Pertuan Agong, the King Of Malaysia.

She has been appointed as an advisory panel member to SME Corp Malaysia Panel of Women Entrepreneurs in year 2009. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerYes 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


OCTAGON - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced22 Nov 2013  
CategoryChange in Boardroom
Reference NoOC-131122-85EBF

Date of change22/11/2013
NameDr Mohammad Kamal bin Mohd Affandi
Age60
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsMB BCh, LRCP, LRCSI, BaO from Royal College of Surgeons in Ireland.

A member of the Malaysian Medical Association.  
Working experience and occupation Dr Mohammad Kamal is currently active in the sectors of oil and gas, automotive, property, construction and health care.  
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerYes 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


OCTAGON - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced22 Nov 2013  
CategoryChange in Boardroom
Reference NoOC-131122-87B98

Date of change22/11/2013
NameSalleh Fadzil Bin Hasan
Age56
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsDiploma in Business, Universiti Technology MARA, Malaysia. 
Working experience and occupation He has over 15 years with exposure in both upstream and downstream sector of oil and gas business and management in Asia.

In 2002, he was with Formis Network representing Landmark Hallirburton as VP for Oilfield Services and Consulting to serve oil and gas companies in Malaysia. He was with BAYCORP International representing TRAFIGURA as an advisor in the oil and gas business and trading in Malaysia since year 2008.  
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


KOSSAN - Quarterly rpt on consolidated results for the financial period ended 30/9/2013

Announcement Type: Financial Results
Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN  
Date Announced22 Nov 2013  
CategoryFinancial Results
Reference NoKR-131122-57901

Financial Year End31/12/2013
Quarter3
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2013
30/09/2012
30/09/2013
30/09/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
333,547
322,730
982,386
916,917
2Profit/(loss) before tax
47,726
40,013
136,253
99,743
3Profit/(loss) for the period
36,680
30,029
104,808
76,546
4Profit/(loss) attributable to ordinary equity holders of the parent
35,405
29,221
102,089
74,795
5Basic earnings/(loss) per share (Subunit)
11.07
9.14
31.93
23.39
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
7.00
4.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
212.0000
188.0000
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


SAMUDRA - Annual Report 2013

Announcement Type: Document Receipt
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced22 Nov 2013  
CategoryDocument Receipt
Reference NoJM-131122-63322

Annual Report for Financial Year Ended30/06/2013
SubjectAnnual Report 2013


THHEAVY - Quarterly rpt on consolidated results for the financial period ended 30/9/2013

Announcement Type: Financial Results
Company NameTH HEAVY ENGINEERING BERHAD  
Stock Name THHEAVY  
Date Announced22 Nov 2013  
CategoryFinancial Results
Reference NoCS-131122-A664B

Financial Year End31/12/2013
Quarter3
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2013
30/09/2012
30/09/2013
30/09/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
83,598
46,616
198,916
116,703
2Profit/(loss) before tax
4,071
4,299
19,287
23,871
3Profit/(loss) for the period
3,901
4,006
19,117
17,828
4Profit/(loss) attributable to ordinary equity holders of the parent
3,901
4,006
19,117
17,828
5Basic earnings/(loss) per share (Subunit)
2.59
0.49
3.99
2.32
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.4410
0.3350
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


BARAKAH - OTHERS BARAKAH OFFSHORE PETROLEUM BERHAD - AWARD OF CONTRACT FOR THE PROVISION OF DEWATERING, DRYING AND DRY PRESERVATION OF 14” AND 24” KBB LINEPIPES FOR KEBABANGAN NOTHERN HUB DEVELOPMENT PROJECT

Announcement Type: General Announcement
Company NameBARAKAH OFFSHORE PETROLEUM BERHAD  
Stock Name BARAKAH  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoCC-131122-51373

TypeAnnouncement
SubjectOTHERS
DescriptionBARAKAH OFFSHORE PETROLEUM BERHAD
- AWARD OF CONTRACT FOR THE PROVISION OF DEWATERING, DRYING AND DRY PRESERVATION OF 14” AND 24” KBB LINEPIPES FOR KEBABANGAN NOTHERN HUB DEVELOPMENT PROJECT
INTRODUCTION
Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd, has received a letter of award from Kebabangan Petroleum Operating Company Sdn Bhd (“KPOC”) for the provision of dewatering, drying and dry preservation of 14” and 24” KBB Linepipes for Kebabangan Nothern Hub Development Project (“Contract”) at a contract value between RM20 million to RM25 million. The work for the Contract is expected to commence in Q4 2013 and is expected to be completed by Q1 2014.

FINANCIAL EFFECTS
The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the financial year ending 30 September 2014.

RISK FACTORS
Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.

As such, the Management believes that Barakah Group is able to mitigate the abovementioned risk factors.

DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST
None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.

This announcement is dated 22 November 2013.


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