LATITUD - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | LATITUDE TREE HOLDINGS BERHAD |
| Stock Name | LATITUD |
| Date Announced | 12 Nov 2013 |
| Category | General Announcement |
| Reference No | MB-131112-55188 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | LATITUDE TREE HOLDINGS BERHAD (“LTHB” OR “COMPANY”) PROPOSED ACQUISITION OF ALL THE SUBSIDIARIES OF LATITUDE TREE INTERNATIONAL GROUP LTD (“LTIGL") FOR A REVISED AGGREGATE CONSIDERATION OF SGD48,750,000.00 (RM117,692,250.00) (“PROPOSED ACQUISITIONS”) |
This announcement is dated 12 November 2013. Reference is made to the announcements dated 5 February 2013, 28 February 2013, 15 March 2013, 28 March 2013, 9 May 2013, 2 August 2013 and 21 August 2013 in relation to the Proposed Acquisitions (“Earlier Announcements”) and the circular to shareholders of LTHB dated 5 August 2013 (“Circular”). Unless otherwise stated, the capitalised expressions used throughout this announcement shall have the same meaning as defined in the Earlier Announcements and Circular. On behalf of the board of directors of LTHB, AmInvestment Bank Berhad wishes to inform that the High Court of the Republic of Singapore had, on 6 November 2013, granted an Order of Court (“Order”) for LTIGL to carry out the Proposed SCR. As stated in the Circular, once the High Court of the Republic of Singapore has made an Order approving the Proposed SCR, the Proposed SCR will take effect upon the Order being lodged with the Registrar of Companies appointed under Companies Act (Chapter 50) of Singapore. Upon completion of the Proposed SCR, the issued share capital of LTIGL (excluding treasury shares) shall be reduced from 239,636,000 LTIGL Shares to 53,636,000 LTIGL Shares as a result of the cancellation of 186,000,000 LTIGL Shares held by LTHB. | |
BGYEAR - PRACTICE NOTE 17 / GUIDANCE NOTE 3:OTHERS
| Company Name | BINA GOODYEAR BERHAD |
| Stock Name | BGYEAR |
| Date Announced | 12 Nov 2013 |
| Category | General Announcement |
| Reference No | MI-131112-59430 |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS |
| Description | Kenanga Investment Bank Bhd ("KIBB") wishes to announce on behalf of the board of directors of Bina Goodyear Berhad ("BGB" or the "Company") that KIBB have on 12 November 2013 been appointed the principal adviser to BGB in respect of the Company's regularisation plan. This announcement is dated 12 November 2013. |
METALR - OTHERS (I) PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“Proposed RRPT”); and (II) PROPOSED AMENDMENTS TO THE COMPANY’S ARTICLES OF ASSOCIATION (“Proposed Amendments”)
| Company Name | METAL RECLAMATION BHD |
| Stock Name | METALR |
| Date Announced | 12 Nov 2013 |
| Category | General Announcement |
| Reference No | MR-131112-62315 |
| Type | Announcement |
| Subject | OTHERS |
| Description | (I) PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“Proposed RRPT”); and (II) PROPOSED AMENDMENTS TO THE COMPANY’S ARTICLES OF ASSOCIATION (“Proposed Amendments”) |
The Board of Directors of Metal Reclamation Bhd (“MRB” or “the Company”) wishes to announce that the Company will seek approval from its shareholders at the forthcoming Annual General Meeting ("AGM") for the following :
The Company further informs that it had vide its Circular to Shareholders in relation to Proposed New and Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature dated 27 November 2012 indicated under section 2.5 that the Company would seek the Shareholders’ approval for the renewal of the said Shareholders’ Mandate. A Circular to Shareholders containing details of the Proposed RRPT and the Annual Report 2013 containing details of the Proposed Amendments will be dispatched to the shareholders in due course. This announcement is dated 12 November 2013. | |
POHUAT - Changes in Director's Interest (S135) - TAY KHIM SENG
| Company Name | POH HUAT RESOURCES HOLDINGS BERHAD |
| Stock Name | POHUAT |
| Date Announced | 12 Nov 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CM-131112-62727 |
Information Compiled By KLSE
Particulars of Director
| Name | TAY KHIM SENG |
| Address | 42-5 Jalan Sakeh 84000 Muar Johor |
| 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 | 70,000 |
| Circumstances by reason of which change has occurred | Open market deal |
| Nature of interest | Direct interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 3,144,330 |
| Direct (%) | 2.95 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 12/11/2013 |
| Remarks : |
| 1) The above acquisition represented 0.07% of the total issued and paid up share capital of the Company after excluding a total of 6,663,800 Poh Huat shares purchased and retained as treasury shares. 2) This announcement serves as an announcement pursuant to paragraph 14.09(a) of the Main Market Listing Requirements for dealing outside closed period. |
HUATLAI - OTHERS HUAT LAI RESOURCES BERHAD (“THE COMPANY” OR “HLRB”) - INCORPORATION OF A SUBSIDIARY COMPANY IN SINGAPORE
| Company Name | HUAT LAI RESOURCES BERHAD |
| Stock Name | HUATLAI |
| Date Announced | 12 Nov 2013 |
| Category | General Announcement |
| Reference No | CC-131112-57351 |
| Type | Announcement |
| Subject | OTHERS |
| Description | HUAT LAI RESOURCES BERHAD (“THE COMPANY” OR “HLRB”) - INCORPORATION OF A SUBSIDIARY COMPANY IN SINGAPORE |
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TPC - Quarterly rpt on consolidated results for the financial period ended 30/9/2013 (Amended Announcement)
| Company Name | TPC PLUS BERHAD |
| Stock Name | TPC |
| Date Announced | 12 Nov 2013 |
| Category | Financial Results |
| Reference No | CC-131112-FEFC3 |
| Financial Year End | 31/12/2013 |
| Quarter | 3 |
| Quarterly report for the financial period ended | 30/09/2013 |
| The figures | have not been audited |
| Remarks : |
| Page 4 of the Quarterly results for the financial period ended 30 September 2013 should read as "Unaudited Consolidated Statement of Changes in Equity for the 3rd Quarter Ended 30 September 2013" and not "Unaudited Consolidated Statement of Financial Position for the 3rd Quarter Ended 30 September 2013". |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/09/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 18,317 | 11,654 | 52,000 | 31,524 |
| 2 | Profit/(loss) before tax | 58 | -2,366 | 574 | -13,234 |
| 3 | Profit/(loss) for the period | 58 | -2,366 | 574 | -13,237 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 58 | -2,366 | 574 | -13,237 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.07 | -2.96 | 0.72 | -16.55 |
| 6 | Proposed/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 ($$) | 0.2600 | 0.2500 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
PWROOT - PUBLIC SHAREHOLDINGS SPREAD
| Company Name | POWER ROOT BERHAD |
| Stock Name | PWROOT |
| Date Announced | 12 Nov 2013 |
| Category | General Announcement |
| Reference No | C&-131112-ECB74 |
| Type | Announcement |
| Subject | PUBLIC SHAREHOLDINGS SPREAD |
| Description | Power Root Berhad - PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") |
Further to our announcement dated 8 October 2013 on the above subject matter, Power Root Berhad ("Power Root" or "the Company") wishes to announce that based on the Record of Depositors as at 8 November 2013, the Company has complied with Paragraph 8.02(1) of the Listing Requirements of the Bursa Securities in relation to the public shareholding spread requirement as the public shareholding spread of the Company is 25.02%. This announcement is dated 12 November 2013.
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PWROOT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | POWER ROOT BERHAD |
| Stock Name | PWROOT |
| Date Announced | 12 Nov 2013 |
| Category | General Announcement |
| Reference No | C&-131112-97DE9 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | Disposal of land including the building attached of 3 storey intermediate shop office with semi basement, bearing the postal address No. 104, 104-01 & 02, Jalan Molek 2/2, Taman Molek, 81100 Johor Bahru, Johor (“Property”) for a cash consideration of RM1,950,000 by Power Root Marketing Sdn. Bhd. (“PR Marketing" or “Vendor”), a wholly-owned subsidiary of Power Root Berhad (“Power Root” or “the Company”) to ZQ Asset Sdn Bhd ("ZQ Asset" or "Purchaser")("Disposal") |
(The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the Announcement dated 20 August 2013). We refer to our announcement dated 20 August 2013 and the Company wishes to announce that the Disposal has been completed on 6 November 2013 following the full payment of the balance of the Disposal Consideration on even date. This announcement is dated 12 November 2013.
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WZSTEEL - WZSTEEL-CHANGE OF NAME
| Company Name | WZ STEEL BERHAD |
| Stock Name | WZSTEEL |
| Date Announced | 12 Nov 2013 |
| Category | Listing Circular |
| Reference No | NM-131111-47548 |
LISTING'S CIRCULAR NO. L/Q : 69168 OF 2013
Kindly be advised that the aforesaid company has changed its name to “WZ SATU BERHAD”. As such, the company’s shares will be traded and quoted under the new name with effect from 9.00 a.m., Wednesday, 13 November 2013.
Type of securities | Old Name | Old Stock Short Name | New Name | New stock Short Name |
Ordinary Shares | WZ Steel Berhad | WZSTEEL | WZ Satu Berhad | WZSATU |
HEXAGON - MATERIAL LITIGATION
| Company Name | HEXAGON HOLDINGS BHD |
| Stock Name | HEXAGON |
| Date Announced | 12 Nov 2013 |
| Category | General Announcement |
| Reference No | CM-131112-62524 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | HEXAGON HOLDINGS BERHAD (“HHB” or the “Defendant”) Writ of Summon and Statement of Claim by Bank Muamalat Malaysia Berhad (“BMMB” or the “Plaintiff”) |
Further to the announcements made on 6 August 2013, 21 August 2013, 28 August 2013, 11 September 2013 and 8 November 2013 and also the Hearing held on 12 November 2013, the Board of Directors of HHB wishes to announce that the Learned High Court Judge has allowed the Plaintiff's Application on the following terms:- 1. that the Defendant do pay to the Plaintiff the sum of RM2,652,920.84 due and outstanding as at 12 July 2013 on the Muamalat Restructuring (Tawarruq)-i Facility availed and granted to the Advance Metal Substrate Technology Sdn Bhd (“AMST”) (“In Liquidation”) which was the wholly owned subsidiary company of HHB prior to its liquidation; 2. that the Defendant do pay to the Plaintiff the compensation for late payment on the overdue amount of RM512,232.61 or balance thereof at 1% per annum from 13 July 2013 until the maturity of the Financing on 15 August 2016 and thereafter at the Interbank Islamic Money Market Rate (IMMR) (Currently at 2.91% per annum) on the Principal Outstanding of RM1,870,589.05 or balance thereof until the date of full and final settlement; 3. that the Defendant do pay to the Plaintiff the sum of RM9,272,057.32 due and outstanding as at 12 July 2013 on Muamalat Restructuring (Tawarruq)-i Facility availed and granted to the Hexagon Tower Sdn Bhd (“HTSB”) (“In Liquidation”) which was the wholly owned subsidiary company of HHB prior to its liquidation; 4. that the Defendant do pay to the Plaintiff the compensation for late payment on the overdue amount of RM2,954,227.84 or balance thereof at 1% per annum from 13 July 2013 until the maturity of the Financing on 15 October 2015 and thereafter at the Interbank Islamic Money Market Rate (IMMR) (Currently at 2.91% per annum) on the Principal Outstanding of RM7,751,738.71 or balance thereof until the date of full and final settlement; 5. costs of RM4,000.00 to be paid by the Defendant to the Plaintiff. HHB is currently seeking legal advice as regards to the merit of filing an appeal against the decision of the High Court. The RM2,652,920.84 and RM9,272,057.32 sum as claimed by BMMB has been accrued in the Company’s financial liability. Further announcement on the material development of the above matter will be made in due course. This announcement is dated 12 November 2013. | |
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