November 21, 2013

Company announcements: HAISAN, PWORTH, JAYCORP, CAB, SAMUDRA, CSCENIC, TAFI, DUFU

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

Announcement Type: General Announcement
Company NameHAISAN RESOURCES BERHAD  
Stock Name HAISAN  
Date Announced21 Nov 2013  
CategoryGeneral Announcement
Reference NoHR-131121-61235

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionHAISAN RESOURCES BERHAD (“HAISAN” OR “THE COMPANY”)
- JOINT VENTURE AGREEMENT

(The abbreviations and words used in the ensuing sections of this Announcement shall have the same meanings as defined in the announcement dated 5 September 2013 unless the context otherwise requires or defined herewith.)

Reference is made to the Company’s announcement dated 5 September 2013 on the JV Agreement entered into between Haisan and Keloil Sdn Bhd (“KSB”).

The Board of Directors of Haisan is pleased to announce that the JV Company namely, Kelgas Haisan Industries Sdn Bhd, has been incorporated as a private limited company in Malaysia under the Companies Act, 1965 on 21 November 2013.

KSB has appointed Kelgas Sdn Bhd, a wholly-owned subsidiary of KSB and Wan Zulkifle Bin Wan Yusoff, a ninety-five (95%) shareholder of KSB, to hold the shares on behalf of KSB in the JV Company together with Haisan.

This announcement is dated 21 November 2013.



HAISAN - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN

Announcement Type: General Announcement
Company NameHAISAN RESOURCES BERHAD  
Stock Name HAISAN  
Date Announced21 Nov 2013  
CategoryGeneral Announcement
Reference NoMM-131121-50574

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
DescriptionHAISAN RESOURCES BERHAD (“HAISAN” OR “COMPANY”)

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED M&A AMENDMENTS;
(III) PROPOSED PRIVATE PLACEMENT; AND
(IV) PROPOSED RIGHTS ISSUE

(COLLECTIVELY REFERRED TO AS THE PROPOSED REGULARISATION PLAN)

(The abbreviations and words used in the ensuing sections of this Announcement shall have the same meanings as defined in the announcement dated 6 March 2013 unless the context otherwise requires or defined herewith.)

Reference is made to the Company’s announcements dated 6 March 2013, 8 March 2013, 13 March 2013, 8 May 2013, 6 August 2013, 4 September 2013, 25 October 2013, 13 November 2013 and 20 November 2013 on the Proposed Regularisation Plan.

On behalf of the Board of Directors of Haisan, Public Investment Bank Berhad wishes to announce that Haisan had, on 21 November 2013, entered into an agreement with ACSB, ACV, Tengku Makram, Benny Soh, Dato’ S.S., KGL, Mohd Shahrom and Wan Zul (collectively referred to as the “Guarantors”) wherein the Guarantors have agreed to collectively provide a profit guarantee to the Company that the aggregate profit after taxation of the Haisan Group for the next two (2) consecutive financial years, commencing from the successful implementation of the Proposed Regularisation Plan will be no less than RM15.40 million securitised by a bank guarantee in favour of the Company.

Further details are set out in the attachment below.

This announcement is dated 21 November 2013.



PWORTH - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NamePRICEWORTH INTERNATIONAL BERHAD  
Stock Name PWORTH  
Date Announced21 Nov 2013  
CategoryGeneral Announcement
Reference NoMI-131121-62037

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionPRICEWORTH INTERNATIONAL BERHAD ("PIB" OR THE "COMPANY")

(I) PROPOSED REDUCTION OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM0.50 EACH TO RM0.10 EACH IN PIB PURSUANT TO SECTION 64 OF THE COMPANIES ACT 1965 (“ACT”) (“PROPOSED PAR VALUE REDUCTION”);

(II) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PIB (“MA”) TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED PAR VALUE REDUCTION (“PROPOSED MA AMENDMENT”);

(III) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARES OF BETA BUMI SDN BHD (“BBSB”) BY PIB (“PROPOSED ACQUISITION”); AND

(IV) PROPOSED ISSUANCE OF UNSECURED REDEEMABLE CONVERTIBLE NOTES (“RCN”) WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM50.0 MILLION (“PROPOSED RCN ISSUE”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to our announcements dated 1 April 2013, 4 April 2013, 7 August 2013, 2 September 2013, 9 September 2013 and 6 November 2013, in relation to the Proposals. ("Announcements")
All abbreviations and definitions used herein shall have the same meanings as the words and expressions defined in the Announcements, except where the context otherwise requires or where otherwise defined herein.

On behalf of the Board, KIBB wishes to announce that Bursa Securities had, vide its letter dated 20 November 2013, resolved to approve the following: -
  1. Listing of 65,714,285 new ordinary shares of RM0.10 each in PIB ("New PIB Shares") to be issued pursuant to the Proposed Acquisition; and
  2. Listing of up to 500,000,000 New PIB Shares arising from the conversion of the RCN to be issued pursuant to the Proposed RCN Issue.

The approval by Bursa Securities for the above is subject to the following conditions: -
  1. PIB and KIBB must fully comply with the relevant provisions under the Main Market Listing Requirements ("LR") pertaining to the implementation of the Proposed Acquisition and Proposed RCN Issue;
  2. PIB and KIBB must inform Bursa Securities upon the completion of the Proposed Acquisition and Proposed RCN Issue;
  3. PIB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Acquisition and Proposed RCN Issue is completed;
  4. PIB to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed Acquisition and Proposed RCN Issue; and
  5. Payment of additional listing fees pertaining to the conversion of RCN, PIB is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the conversion of RCN as at the end of a quarter together with details of computation of listing fees payable.

In the event the new ordinary shares to be issued pursuant to the Proposed Acquisition and Proposed RCN Issue will be listed and quoted as the existing securities of the same class, quotation of the new ordinary shares will commence on the next market day after the following: -
  1. Submission of the share certificate together with a covering letter containing the summary of the Proposed Acquisition and Proposed RCN Issue to Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") before 10.00 a.m. on the next market day prior to the listing date;
  2. Receipt of confirmation from Bursa Depository that the additional new shares are ready for crediting into the securities account of the account holder; and
  3. An announcement in accordance to paragraph 13.2 of PN28 is submitted via Bursa Link before 3.00 p.m. on the market day prior to the listing date.

In the event the new ordinary shares to be issued pursuant to the Proposed RCN Issue will be separately quoted from the existing securities i.e. "A" shares, the listing and quotation of the new ordinary shares will take place two (2) market days upon the receipt of an application for quotation by Bursa Securities as specified under Part C of Annexure PN28-B.

PIB is required to ensure full compliance with all the requirements as provided under the LR at all times.

This announcement is dated 21 November 2013.


JAYCORP - OTHERS JAYCORP Berhad (“JAYCORP” OR “THE COMPANY”) ACQUISITION OF 49% OF THE ISSUED AND PAID-UP SHARE OF PT TERMINAL MUARA JAMBI (“PTMJ”)

Announcement Type: General Announcement
Company NameJAYCORP BERHAD  
Stock Name JAYCORP  
Date Announced21 Nov 2013  
CategoryGeneral Announcement
Reference NoCC-131120-65974

TypeAnnouncement
SubjectOTHERS
DescriptionJAYCORP Berhad (“JAYCORP” OR “THE COMPANY”)
ACQUISITION OF 49% OF THE ISSUED AND PAID-UP SHARE OF PT TERMINAL MUARA JAMBI (“PTMJ”)
Introduction
The Board of Directors of Jaycorp wishes to announce that the Company had on 20 November 2013, entered into a Share Sale Agreement to acquire 5,527,200 shares of IDR1,000 each, representing 49% of the entire issued and paid-up share capital of PTMJ from Encik Deniel Candra for a total cash consideration of Five Billion Five Hundred Twenty-Seven Million and Two Hundred Thousand Rupiah only (IDR5,527,200,000) (equivalent to USD552,720 or RM1,580,779) (“Acquisition”).

The Acquisition is subject to the approval of Indonesia Investment Coordinating Board.

Rationale for the Acquisition

The purpose of the Acquisition is to enable Jaycorp to explore new business opportunity in order to enhance shareholders’ value.

Information on PTMJ

PTMJ was incorporated on 13 March 2013 in Indonesia under Akta Pendirian Perseroan Terbatas.

The authorised share capital is IDR22,560,000,000 divided into 22,560,000 shares of IDR1,000 each and the issued and paid-up share capital of PTMJ is IDR11,280,000,000 divided into 11,280,000 shares of IDR1,000 each.

PTMJ is an Indonesian company operating a public jetty at Jambi, Indonesia.

Directors' and/or Major Shareholders' Interests

None of the Directors and/or major shareholders of Jaycorp and/or persons connected with them have any interests, direct or indirect, in the Acquisition.

Financial Effects

The Acquisition will not have any material effect on the earnings per share and net assets per share of Jaycorp for the financial year ending 31 July 2014.

The Acquisition will not have any effect on the share capital, gearing and substantial shareholders’ shareholdings of Jaycorp.

This announcement is dated 21 November 2013.


CAB - Changes in Sub. S-hldr's Int. (29B) - Tan Chin Tee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameCAB CAKARAN CORPORATION BERHAD  
Stock Name CAB  
Date Announced21 Nov 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCP-131121-7A229

Particulars of substantial Securities Holder

NameTan Chin Tee
Address23 Jalan SS 14/8, Subang Jaya, 47500 Petaling Jaya, Selangor
NRIC/Passport No/Company No.600209-07-5185
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderTan Chin Tee
23 Jalan SS 14/8, Subang Jaya, 47500 Petaling Jaya, Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/11/2013
30,000
0.550 
Acquired19/11/2013
52,500
0.548 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDeemed Interest
Direct (units)6,455,000 
Direct (%)4.91 
Indirect/deemed interest (units)5,357,700 
Indirect/deemed interest (%)4.07 
Total no of securities after change11,812,700
Date of notice21/11/2013

Remarks :
Based on the paid-up capital of the Company of RM65,780,450 divided into 131,560,900 ordinary shares of RM0.50 each, exclusive of 218,200 ordinary shares of RM0.50 each held as treasury shares as at 19 November 2013.


SAMUDRA - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced21 Nov 2013  
CategoryGeneral Meetings
Reference NoCS-131121-39F5A

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionTwenty-Eighth Annual General Meeting
Date of Meeting16/12/2013
Time10:00 AM
VenueFunction Room 2 & 3, 1st Floor, Kuala Lumpur Golf & Country Club, No.10, Jalan 1/70D, Off Jalan Bukit Kiara, 60000 Kuala Lumpur
Date of General Meeting Record of Depositors06/12/2013

Attachments

Notice of AGM-2013.pdf
238 KB



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

Announcement Type: Financial Results
Company NameCLASSIC SCENIC BERHAD  
Stock Name CSCENIC  
Date Announced21 Nov 2013  
CategoryFinancial Results
Reference NoCS-131119-35434

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

Attachments

3Q 2013.pdf
120 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
12,350
18,558
40,020
49,235
2Profit/(loss) before tax
2,484
5,314
8,951
13,856
3Profit/(loss) for the period
1,861
3,963
6,778
10,464
4Profit/(loss) attributable to ordinary equity holders of the parent
1,861
3,963
6,778
10,464
5Basic earnings/(loss) per share (Subunit)
1.54
3.29
5.62
8.71
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 ($$)
0.7700
0.8100
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


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

Announcement Type: Financial Results
Company NameTAFI INDUSTRIES BERHAD  
Stock Name TAFI  
Date Announced21 Nov 2013  
CategoryFinancial Results
Reference NoCM-131115-D171E

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
7,557
9,015
24,405
28,354
2Profit/(loss) before tax
127
-111
264
-1,361
3Profit/(loss) for the period
46
-128
116
-1,458
4Profit/(loss) attributable to ordinary equity holders of the parent
46
-128
116
-1,458
5Basic earnings/(loss) per share (Subunit)
0.06
-0.17
0.15
-1.88
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 ($$)
0.7500
0.7500
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


DUFU - Changes in Director's Interest (S135) - Yong Poh Yow

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameDUFU TECHNOLOGY CORP. BERHAD  
Stock Name DUFU  
Date Announced21 Nov 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-131121-85084

Information Compiled By KLSE

Particulars of Director

NameYong Poh Yow
Address1, Denai Pinang 8, Sri Tanjong,
Tanjong Tokong, 10470 Penan
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
21/11/2013
1,500,000
0.200 

Circumstances by reason of which change has occurredOff Market Deal
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)4,952,202 
Direct (%)2.82 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice21/11/2013

Remarks :
We received the notice on July 19, 2013

In accordance with Section 134(12)(c) of the Companies (Amendment) Act, 2007 and for reference, kindly note as follows:
Name : Lim Bee Leng
Relationship : Spouse
Directorship in DTC : No
No. of Shares Held : 33,999 (0.02%)


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

Announcement Type: General Announcement
Company NameDUFU TECHNOLOGY CORP. BERHAD  
Stock Name DUFU  
Date Announced21 Nov 2013  
CategoryGeneral Announcement
Reference NoCA-131121-85EA3

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification under Chapter 14 of the Bursa Securities Main Market Listing Requirements on Dealings in Securities

Pursuant to Chapter 14 of Bursa Securities Main Market Listing Requirements on Dealings in Securities, this is to notify that we have received the undermentioned notification(s) from the following Director(s)/Principal Officer(s) of Dufu Technology Corp. Berhad (DUFU) in relation to his/her dealings in DUFU's securities during closed period as follow:-

Name of Director : Yong Poh Yow

Date of Notification: November 21, 2013


Description of Securities

Date Transacted

Acquired/
Exercised

Disposed/
Exercised

Price per unit
(RM)

% of Securities Acquired/Disposed*

Ordinary Shares of RM0.50 each

21/11/2013

-

1,500,000

(Off Market Deal)

0.20

0.85

* Based on the total issued and paid up capital of RM87,735,185/- divided into 175,470,370 Ordinary Shares of RM0.50 each

1. We received the notice on November 21, 2013; and

2. Notice of his intention to deal in the securities of DUFU was made on November 19, 2013.




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