November 18, 2013

Company announcements: DENKO, TNLOGIS, PRDUREN, JASKITA, PMETAL

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

Announcement Type: Financial Results
Company NameDENKO INDUSTRIAL CORPORATION BERHAD  
Stock Name DENKO  
Date Announced18 Nov 2013  
CategoryFinancial Results
Reference NoCJ-131118-91749

Financial Year End31/03/2014
Quarter2
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited

Attachments

Denko IFS 30 Sept 2013.pdf
314 KB

  • 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
18,911
23,215
40,268
45,917
2Profit/(loss) before tax
-2,425
718
-2,135
1,014
3Profit/(loss) for the period
-2,389
656
-2,216
1,101
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,389
656
-2,216
1,101
5Basic earnings/(loss) per share (Subunit)
-2.29
0.63
-2.12
1.05
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 ($$)
0.3553
0.3766
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


TNLOGIS - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameTIONG NAM LOGISTICS HOLDINGS BERHAD  
Stock Name TNLOGIS  
Date Announced18 Nov 2013  
CategoryGeneral Meetings
Reference NoTN-131118-40636

Type of MeetingEGM
IndicatorOutcome of Meeting
Date of Meeting16/11/2013
Time09:30 AM
VenueLot 30462 Jalan Kempas Baru
81200 Johor Bahru
Johor
Outcome of Meeting

The Board of Directors of the Company is pleased to announce that all the resolutions set out in the Notice of Extraordinary General Meeting("EGM") dated 25 October 2013 were duly passed at the EGM, which was held on 16 November 2013.



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

Announcement Type: Financial Results
Company NameTIONG NAM LOGISTICS HOLDINGS BERHAD  
Stock Name TNLOGIS  
Date Announced18 Nov 2013  
CategoryFinancial Results
Reference NoTN-131118-42639

Financial Year End31/03/2014
Quarter2
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
133,323
78,312
257,551
157,950
2Profit/(loss) before tax
21,155
6,213
44,901
9,295
3Profit/(loss) for the period
15,815
5,458
34,617
7,468
4Profit/(loss) attributable to ordinary equity holders of the parent
11,749
5,269
27,102
7,101
5Basic earnings/(loss) per share (Subunit)
13.97
6.26
32.22
8.44
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 ($$)
3.8800
3.4600
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


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

Announcement Type: General Announcement
Company NameTIONG NAM LOGISTICS HOLDINGS BERHAD  
Stock Name TNLOGIS  
Date Announced18 Nov 2013  
CategoryGeneral Announcement
Reference NoTN-131118-40461

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionACQUISITION OF VACANT LAND FROM CHIU HANG CHUANG BY JELAS BAGUS SDN BHD

The Board of Directors is pleased to announce that Jelas Bagus Sdn Bhd (Company No. 304354-W) a 100% owned subsidiary of Tiong Nam Logistics Holdings Berhad has on 18 November 2013 entered into a Sale and Purchase Agreement with Chiu Hang Chuang (NRIC No. : 590213-01-5541) to purchase a freehold industrial vacant land held under GRN 87084 Lot No. 1767 Mukim of Tebrau, District of Johor Bahru, State of Johor measuring approximately 377,199 square feet (“the Land”) for cash consideration of RM 16,973,959.95 (Ringgit Malaysia Sixteen Million Nine Hundred Seventy Three Thousand Nine Hundred Fifty Nine And Sen Ninety Five). The additional information are set out in the attachment below.

This announcement is dated 18 November 2013.



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

Announcement Type: General Announcement
Company NamePERDUREN (M) BERHAD  
Stock Name PRDUREN  
Date Announced18 Nov 2013  
CategoryGeneral Announcement
Reference NoPP-131118-37270

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionSALE OF PROPERTY TO PERSON CONNECTED WITH THE DIRECTOR

Perduren (M) Berhad (“PMB”or “the Company”) wishes to inform that Landmark Zone Sdn Bhd (“LZSB”), a wholly owned subsidiary of PMB has on 18 November 2013 in the ordinary course of business as property developer, entered into a sale and purchase agreement (“SPA”) with the belowmentioned Related Party/Purchaser for the sale of one (1) unit of serviced apartment (“Property”) in its joint venture housing development project with Koperasi Shamelin Berhad (“KSB”) known as “Shamelin Star” in Taman Shamelin Perkasa, Cheras, Kuala Lumpur (“Property Transaction”) as stated in the following table:-

Description of Property Transaction

Related Party

Nature of Relationship

Net Selling Price (RM)

Sale by LZSB of 1 unit of serviced apartment in Shamelin Star

Leow Chai Yeen Florentyna

Leow Chai Yeen Florentyna is the daughter of Leow Hoi Loong @ Liow Hoi Loong, a Director of the Company

663,120.00

Total

663,120.00

INFORMATION ON KSB

KSB, a co-operative society incorporated under the Co-operative Ordinance with its business address at 38-6-4, Shamelin Business Centre, No. 38, Jalan 4/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur is the registered and beneficial owner of all that leasehold land of 99 years expiring on 22 May 2111 held under HS (D) 119169, PT 2646, Mukim of Ampang, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur in an area measuring approximately 12,429 square metres (“the said Land”).

INFORMATION ON LZSB

LZSB was incorporated on 21 May 2009 under the Companies Act, 1965 and its principal business activity is property development. LZSB is currently developing the said Shamelin Star on the said Land comprising 630 units of serviced apartments and 31 units of retail lots. Sale of development property is in the ordinary course of business of LZSB.

BASIS OF ARRIVING AT THE NET SELLING PRICE

The net selling price for the Property has been arrived at after discounts, the rates of which are at no difference from those offered to other purchasers at the prevailing time in the ordinary course of business of the PMB Group.

MANNER IN WHICH THE NET SELLING PRICE WILL BE SATISFIED

The net selling price will be satisfied in cash by the Purchaser in accordance with the terms as stipulated in the sale and purchase agreement which is governed by the Housing Development (Control and Licensing) Act, 1966 and Housing Development (Control and Licensing) Regulations 1989 (Subregulation 11(1)).

FINANCIAL EFFECTS OF THE PROPERTY TRANSACTION

The Property Transaction will not have any effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of PMB. The sale is in the ordinary course of business of the PMB Group.

PARTICULARS OF ALL LIABILITIES TO BE ASSUMED BY THE PURCHASER ARISING FROM THE PROPERTY TRANSACTION

There are no liabilities to be assumed by the Purchaser arising from the Property Transaction.

SALIENT TERMS OF THE SPA

Pursuant to the SPA, the Property will be sold to the Purchaser free from any agricultural or industrial conditions expressed or implied and any restrictions against the building of housing accommodation thereon. KSB and LZSB undertake that the Property shall be free from encumbrances immediately prior to the Purchaser taking vacant possession of the Property. The stamp duty and registration fee for the transfer of the Property shall be borne and paid by the Purchaser and Purchaser shall bear their own solicitors’ costs.

Upon the issuance of the strata title to the said Property and subject to the payment of the purchase price by the Purchaser and the observance of all the terms and conditions of the SPA, LZSB shall within 21 days execute a valid and registrable memorandum of transfer of the Property to the Purchaser.

RATIONALE FOR THE PROPERTY TRANSACTION

The Property Transaction is in the ordinary course of business of the PMB Group. The transaction reflects the Purchaser's confidence in the PMB Group’s maiden property development project. The Property Transaction brings revenue and positive cashflow to the PMB Group.

HIGHEST PERCENTAGE RATIO

The highest percentage ratio applicable to the transaction pursuant to Paragraph 10.02 (g) of Bursa Malaysia's Listing Requirements is 0.32% in respect of the Property Transaction.

APPROVALS REQUIRED

The Property Transaction does not require the approval of the shareholders of PMB or any other authorities.

INTERESTS OF DIRECTORS AND SUBSTANTIAL SHAREHOLDERS

Save for Mr Leow Hoi Loong @ Liow Hoi Loong, who is the father of the Purchaser, none of the Directors or substantial shareholders of PMB or persons connected to them has any interest, direct or indirect, in the Property Transaction.

STATEMENT BY AUDIT COMMITTEE

The Audit Committee is of the view that the Property Transaction is in the interest of the Company as it is in the ordinary course of business of the PMB Group.

STATEMENT BY DIRECTORS

Having considered that the Property Transaction is in the ordinary course of business of the PMB Group, the Board of Directors (save for Mr Leow Hoi Loong @ Liow Hoi Loong who abstained) is of the view that the Property Transaction is in the interest of the PMB Group as it brings revenue and positive cashflow to the PMB Group.

TRANSACTION WITH ANY OF THE RELATED PARTIES FOR THE PRECEDING 12 MONTHS

A transaction of a similar nature was entered into between LZSB and directors and/or persons connected with the directors as per our announcements dated 2 August 2013, 7 August 2013 and 4 September 2013.

DOCUMENT FOR INSPECTION

A copy of the SPA is available for inspection at the registered office of the Company at No. 47, 2nd Floor, Jalan 1/116B, Kuchai Entrepreneurs Park, Off Jalan Kuhai Lama, 58200 Kuala Lumpur during normal office hours from Mondays to Fridays (except for public holidays) for a period of 3 months from the date of this announcement.

This announcement is dated 18 November 2013.



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

Announcement Type: Financial Results
Company NameJASA KITA BERHAD  
Stock Name JASKITA  
Date Announced18 Nov 2013  
CategoryFinancial Results
Reference NoCQ-131115-35601

Financial Year End31/03/2014
Quarter2
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited

Attachments

JKB Q2.14 (Bursa).xls
1622 KB


Remarks :
c.c. Securities Commission
  • 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
16,557
16,876
32,614
34,652
2Profit/(loss) before tax
2,129
1,874
4,347
4,529
3Profit/(loss) for the period
1,476
1,224
3,114
3,084
4Profit/(loss) attributable to ordinary equity holders of the parent
1,480
1,205
3,115
3,065
5Basic earnings/(loss) per share (Subunit)
0.33
0.27
0.69
0.68
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 ($$)
0.2022
0.1952
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


PMETAL - OTHERS PRESS METAL BERHAD ("THE COMPANY") - POWER OUTAGE INCIDENT AT ITS SMELTING PLANT IN MUKAH, SARAWAK - UPDATE

Announcement Type: General Announcement
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced18 Nov 2013  
CategoryGeneral Announcement
Reference NoCC-131118-57588

TypeAnnouncement
SubjectOTHERS
DescriptionPRESS METAL BERHAD ("THE COMPANY")
- POWER OUTAGE INCIDENT AT ITS SMELTING PLANT IN MUKAH, SARAWAK - UPDATE

 

We refer to the announcement made by the Board of Directors of the Company on 1 July 2013 in relation to power outage incident at its smelting plant in Mukah, Sarawak.

 

 

 

The Board of Directors of the Company is pleased to announce that its subsidiary, Press Metal Sarawak Sdn. Bhd. (“PMS”) which suffered a shutdown on 27 June 2013 due to the sudden power outage in the State of Sarawak has re-opened its smelter plant in Mukah and has resumed commercial operations today. PMS expects to achieve its full annual production capacity of 120,000 MT within the next 3 months.

 

 

 

Meanwhile, PMS has submitted a preliminary claim to its insurers on the cost of the reconstruction works and repairs but has yet to reach an agreement with the insurers on the amount claimed. PMS remains dedicated to pursue a fair and justifiable compensation from all relevant parties involved.

 

 

 

This announcement is dated 18 November 2013.

 

 

 


PMETAL - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced18 Nov 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-131118-61172

EX-date03/12/2013
Entitlement date05/12/2013
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionInterim tax exempt dividend of 2% for financial year ending 31 December 2013
Period of interest payment to
Financial Year End31/12/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel: 03-22643883
Payment date 03/01/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers05/12/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorPercentage
Entitlement in percentage (%)2


PMETAL - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced18 Nov 2013  
CategoryChange Of Company Secretary
Reference NoCC-131031-60638

Date of change18/11/2013
Type of changeAppointment
DesignationSecretary
License no.7054787
NameTE HOCK WEE
Working experience and occupation during past 5 years


PMETAL - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced18 Nov 2013  
CategoryChange Of Company Secretary
Reference NoCC-131031-60882

Date of change18/11/2013
Type of changeResignation
DesignationSecretary
License no.7009143
NameTAI YIT CHAN
Working experience and occupation during past 5 years


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