PBA - OTHERS PBA HOLDINGS BHD ("PBAHB" or "the Company") PRESS RELEASE BY PBAHB'S SUBSIDIARY, PERBADANAN BEKALAN AIR PULAU PINANG SDN BHD ("PBAPP")
| Company Name | PBA HOLDINGS BHD |
| Stock Name | PBA |
| Date Announced | 22 Nov 2013 |
| Category | General Announcement |
| Reference No | CS-131122-376D5 |
| Type | Announcement |
| Subject | OTHERS |
| Description | PBA HOLDINGS BHD ("PBAHB" or "the Company") PRESS RELEASE BY PBAHB'S SUBSIDIARY, PERBADANAN BEKALAN AIR PULAU PINANG SDN BHD ("PBAPP") |
Attached is the press release dated 22 November 2013 entitled PBAPP IS MALAYSIA'S "WATER SERVICES OPERATOR OF THE YEAR" released by the Company's subsidiary, PBAPP. | |
HIAPTEK - Circular/Notice to Shareholders
| Company Name | HIAP TECK VENTURE BERHAD |
| Stock Name | HIAPTEK |
| Date Announced | 22 Nov 2013 |
| Category | PDF Submission |
| Reference No | CC-131104-25156 |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO:- A) PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE B) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR SHARE BUY-BACK OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY |
AXREIT - OTHERS AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”) PROPOSED MODIFICATIONS TO THE DEED DATED 3 APRIL 2009 (“PRINCIPAL DEED”) (AS AMENDED BY THE SUPPLEMENTAL DEED DATED 15 DECEMBER 2011 (“SUPPLEMENTAL DEED”)) EXECUTED BETWEEN AXIS REIT MANAGERS BERHAD (“MANAGER”) AND RHB TRUSTEES BERHAD (FORMERLY KNOWN AS OSK TRUSTEES BERHAD) (“TRUSTEE”) CONSTITUTING AXIS-REIT ("PROPOSED MODIFICATIONS")
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 22 Nov 2013 |
| Category | General Announcement |
| Reference No | MI-131122-55647 |
| Type | Announcement |
| Subject | OTHERS |
| Description | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”) PROPOSED MODIFICATIONS TO THE DEED DATED 3 APRIL 2009 (“PRINCIPAL DEED”) (AS AMENDED BY THE SUPPLEMENTAL DEED DATED 15 DECEMBER 2011 (“SUPPLEMENTAL DEED”)) EXECUTED BETWEEN AXIS REIT MANAGERS BERHAD (“MANAGER”) AND RHB TRUSTEES BERHAD (FORMERLY KNOWN AS OSK TRUSTEES BERHAD) (“TRUSTEE”) CONSTITUTING AXIS-REIT ("PROPOSED MODIFICATIONS") |
On behalf of the Board of Directors of the Manager, Maybank Investment Bank Berhad wishes to announce that the Manager proposes to undertake the Proposed Modifications. Please refer to the attachment for further details of the Proposed Modifications. This Announcement is dated 22 November 2013. | |
SOP - OTHERS The disposal of part of Lot 120 Block 13 Bukit Kisi Land District
| Company Name | SARAWAK OIL PALMS BERHAD |
| Stock Name | SOP |
| Date Announced | 22 Nov 2013 |
| Category | General Announcement |
| Reference No | SO-131122-59571 |
| Type | Announcement |
| Subject | OTHERS |
| Description | The disposal of part of Lot 120 Block 13 Bukit Kisi Land District |
The Board of Directors of Sarawak Oil Palms Berhad (“SOP” or “the Company”) wishes to announce that on 22 November 2013, SOP had entered into a Sale and Purchase Agreement with SOP Properties Sdn Bhd (“SOP PROPERTIES” or “the Purchaser”) (Company No.558668-A) for the disposal of part of Lot 120 Block 13 Bukit Kisi Land District situated at 27th/28th Mile, Miri Bintulu Road, Miri (“LOT 120”), containing an area measuring approximately 30.655 hectares (“Sale Portion”). (hereinafter colletively referred to as “THE DISPOSAL OF LAND”), subject to the terms and conditions as stated in the Sale and Purchase Agreement. 2. BACKGROUND INFORMATION ON SOP PROPERTIES SDN BHD SOP Properties Sdn Bhd is a company incorporated in Malaysia on 11 September 2001 with its registered address at No.124 – 126, Jalan Bendahara, 98000 Miri, Sarawak, Malaysia. It is a wholly owned subsidiary of SOP and its principal activity is construction and property development. 3. DETAILS OF THE PROPOSED ACQUISITION SOP is the registered proprietor of Lot 120 containing a total area of 121.00 hectares, more or less. SOP Group is desirous to engage in property development business through SOP Properties being part of its corporate diversification strategy. Lot 120 was disposed to SOP Properties in order to undertake property development business. In connection therewith, an application has been made to sub-divide portion of Lot 120 into housing commercial lots for the Sale Portion consists of 22.395 hectares and two other adjoining plots containing an area approximately 8.26 hectares, both within Lot 120. 4. THE SALIENT TERMS AND CONDITIONS OF THE DISPOSAL OF LAND 4.1 AGREEMENT FOR SALE AND PURCHASE 4.1.1 SOP will sell and SOP PROPERTIES will purchase the Sale Portion on “as is where is” basis free from all encumbrances including charges or any instruments agreements or matters of which by reason of their registration in any register or of which by any rule of law or equity or otherwise the SOP PROPERTIES has or is deemed to have notice. 4.1.2 The Sale Portion herein shall be as follows:- (a) that in the event the application is approved by the authorities, the Sale Portion shall refer to 30.655 hectares or any part thereof approved by the relevant authorities; and (b) in the event the application is not approved by the relevant authorities, the Sale Portion shall refer to 22.395 hectares only without the adjoining 8.26 hectares or any part thereof. 4.2 PURCHASE PRICE 4.2.1 The Purchase Price for the Sale Portion shall be as follows:- (a) Ringgit Malaysia Eight Million Three Hundred Thousand and Eight Hundred and Fifty Only (RM8,300,850-00) being the portion for 22.395 hectares; and (b) Where the Sale Portion includes the 8.26 hectares or any part thereof, a further sum to be calculated based on the following formula:- Actual Area of the 8.26 hectares included in the application (in acre) x RM150,000.00 = RM_____________________ (“the Additional Sum”). (c) Should the actual size of 22.395 hectares and/or the 8.26 hectares, upon issuance of titles differ from the size described above (whether upwards or downwards), that part of the Purchase Price for 22.395 hectares and/or the 8.26 hectares shall be adjusted based on the formula in Clause 4.2.1(b) above. 4.2.2 The Purchase Price above shall be paid and satisfied by the Purchaser as follows:- (a) a sum of Ringgit Malaysia Eight Hundred and Thirty Thousand and Eighty Five Only (RM830,085.00) upon the execution of the Agreement as deposit and earnest money (hereinafter referred to as “the Deposit”). (b) a sum of Ringgit Malaysia Seven Million Four Hundred Seventy Thousand Seven Hundred Sixty Five Only (RM7,470,765.00) and the Additional Sum due under 4.2.1 (b) above (if any) being the balance of the purchase price to be paid to Messrs. Reddi & Company, Advocates of Lane Building, 29 Kai Joo Lane, 93000 Kuching, Sarawak as the stakeholders (hereinafter referred to as “the Stakeholder”) within a period of thirty (30) days after the issuance of a separate title for the Sale Portion (whichever is later) (hereinafter referred to as “the Date of Settlement”) provided that the Memorandum of Transfer duly adjudicated and, a copy of “Notice Taksiran” is duly received by the Purchaser’s Solicitors in respect of the Sale Portion at least thirty (30) days before the Date of Settlement and the Stakeholder shall be authorized to release the balance of the Purchase Price to the Vendor upon issuance of Form L by the Kuching Land Registry Office evidencing acceptance of Memorandum of Transfer for the Sale Portion for registration. 4.3 In the event that as at the Date of Settlement, the application has not been approved yet, the sale and purchase shall proceed based on 22.395 hectares only. SOP and SOP PROPERTIES may by mutual consent agree to extend the period for the completion of the sale and purchase of the 8.26 hectares to a date to be agreed by the Parties and severe the sales and purchase 22.395 hectares from the sale and purchase of the 8.26 hectares. 4.4 Save for the consideration, SOP will not assume any other liabilities (including contingent liabilities and/or guarantees) under THE DISPOSAL OF LAND. 5. RATIONALE FOR THE DISPOSAL OF LAND To engage in property development business through SOP Properties 6. EFFECTS OF THE DISPOSAL OF LAND 6.1 Share Capital The Disposal of Land will have no effect on the issued and paid-up share capital of the Company. 6.2 Net Assets (“NA”) The Disposal of Land will have no immediate effect on the consolidated NA of SOP. 6.3 Earnings The Disposal of Land is not expected to have a material impact on the earnings of the SOP for the financial year ending 31 December 2013. 6.4 Gearing The Disposal of Land will not have a material effect on the gearing of the SOP for the financial year ending 31 December 2013. 6.5 Shareholding Structure The Disposal of Land will have no effect on the shareholding structure of the Company. 6.6 Risk in relation to the Proposed Disposal The Disposal of Land is subject to inherent risks in the property development business. Such risks may include competition from other property developers, changes in economic and political conditions and increases in construction costs. The Board is not aware of any other material risk arising from the Disposal of Land other than stated above. 7. APPROVAL REQUIRED Based on SOP’s audited financial statements for financial year ended 31 December 2012, the Disposal of Land is not subject to the approval of the shareholders of the Company as the highest percentage ratio applicable to the Disposal of Land pursuant to Paragraph 10.02 (g) of the Main Market Listing Requirement is 0.56%.
None of the Directors and/or Substantial Shareholders of SOP or persons connected to them has any interest, direct or indirect, in the Disposal of Land. 9. DIRECTORS’ STATEMENT The Board, having considered all aspect of the Disposal of Land, is of the opinion that the Proposed Acquisition is in the best interest of the Company. 10. DOCUMENTS AVAILABLE FOR INSPECTION This Sale and Purchase Agreement is available for inspection at SOP’s Registered Office at No.124 – 126, Jalan Bendahara, 98000 Miri, Sarawak, during normal business hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 22 November 2013. | |
MSPORTS - OTHERS Proposed Change of Auditors
| Company Name | MULTI SPORTS HOLDINGS LTD |
| Stock Name | MSPORTS |
| Date Announced | 22 Nov 2013 |
| Category | General Announcement |
| Reference No | CK-131031-41181 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Proposed Change of Auditors |
The Board of Directors of Multi Sports Holdings Ltd (“Multi-Sports” or “the Company”) wishes to announce that Messrs. Foo Kon Tan Grant Thornton LLP had on 22 November 2013, given notice in writing to the Directors of their intention to resign as Auditors of the Company. Their resignation will only take effect on the appointment of new auditors by the members of the Company pursuant to Section 89(2) of the Companies Act, 1981 of Bermuda. Further, the Board of Directors of Multi-Sports also wishes to inform that the Company is not aware of any other matters that need to be brought to the attention of the shareholders. On 22 November 2013, the Company had received a notice of nomination from a substantial shareholder of the Company, Power Wide Holdings Limited for the appointment of Messrs RT LLP, as the Auditors of the Company for the financial year ending 31 December 2013 in place of Messrs Foo Kon Tan Grant Thornton LLP and to hold office until the conclusion of the next Annual General Meeting of the Company at a remuneration to be determined by the Board of Directors of the Company (“Proposed Change of Auditors”). The Proposed Change of Auditors is subject to and conditional upon approval being obtained from the shareholders of Multi-Sports at the Special General Meeting (“SGM”) to be convened. A Circular containing the details and information of the Proposed Change of Auditors together with the Notice of SGM will be despatched to the shareholders of the Company in due course. This announcement is dated 22 November 2013. | |
CMMT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | CAPITAMALLS MALAYSIA TRUST |
| Stock Name | CMMT |
| Date Announced | 22 Nov 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CG-131122-E6EF5 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Units in CapitaMalls Malaysia Trust |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn. Bhd. Employees Provident FD BD (Nomura) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 19/11/2013 | 268,700 |
| Remarks : |
| CapitaMalls Malaysia REIT Management Sdn. Bhd., manager of CapitaMalls Malaysia Trust has received the Form 29B from Employees Provident Fund Board on 22 November 2013. |
CMMT - Changes in Sub. S-hldr's Int. (29B) - AMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA
| Company Name | CAPITAMALLS MALAYSIA TRUST |
| Stock Name | CMMT |
| Date Announced | 22 Nov 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CG-131122-EC36E |
Particulars of substantial Securities Holder
| Name | AMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA |
| Address | Tingkat 4, Balai PNB 201-A Jalan Tun Razak 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Units in CapitaMalls Malaysia Trust |
| Name & address of registered holder | AMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA Tingkat 4, Balai PNB 201-A Jalan Tun Razak 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 18/11/2013 | 400,000 |
| Remarks : |
| CapitaMalls Malaysia REIT Management Sdn. Bhd., manager of CapitaMalls Malaysia Trust has received the Form 29B from AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera on 22 November 2013. |
IJMLAND - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | IJM LAND BERHAD |
| Stock Name | IJMLAND |
| Date Announced | 22 Nov 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | IL-131122-243AF |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | Not Applicable |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1 Each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd, Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 19/11/2013 | 60,000 |
| Remarks : |
| Re : Form 29B dated 20 November 2013. |
PESTECH - Changes in Sub. S-hldr's Int. (29B) - Lim Pay Chuan
| Company Name | PESTECH INTERNATIONAL BERHAD |
| Stock Name | PESTECH |
| Date Announced | 22 Nov 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CS-131122-3EC17 |
Particulars of substantial Securities Holder
| Name | Lim Pay Chuan |
| Address | No. 346, Jalan Yong Pak Kian, Ujong Pasir, 75050 Melaka |
| NRIC/Passport No/Company No. | 700920-04-5015 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | Lim Pay Chuan No. 346, Jalan Yong Pak Kian, Ujong Pasir, 75050 Melaka Kenanga Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Lim Pay Chuan 8th Floor, Kenanga International, Jalan Sultan Ismail, 50250 Kuala Lumpur Maybank Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Lim Pay Chuan 14th Floor, Menara Maybank, 100, Jalan Tun Razak, 50050 Kuala Lumpur VESTECH Projects Sdn. Bhd. No. 10-A, Kompleks Damai, Jalan Lumut, Off Jalan Tun Razak, 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 21/11/2013 | 207,300 | |
| Others | 21/11/2013 | 38,300 | |
| Others | 21/11/2013 | 64,000 | |
| Others | 21/11/2013 | 2,600 |
| Remarks : |
| Indirect Interest:- VESTECH Projects Sdn. Bhd. - 190,400 |
PESTECH - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | PESTECH INTERNATIONAL BERHAD |
| Stock Name | PESTECH |
| Date Announced | 22 Nov 2013 |
| Category | General Announcement |
| Reference No | CS-131122-3EC15 |
| Type | Announcement | ||||||||||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||||||||||||||||||||||
| Description | PESTECH INTERNATIONAL BERHAD ("PESTECH" or "the Company") - DEALINGS IN SECURITIES OF PESTECH DURING CLOSED PERIOD | ||||||||||||||||||||||||||||||||
The Company wishes to announce that the following Directors and Principal Officers of the Company had given notice of their dealings in the Ordinary Shares of RM0.50 each in the Company, pursuant to their subscription of shares in rspect of the Dividend Reinvestment Plan on 21 November 2013, details as set out in the table below:-
This announcement is dated 22 November 2013. | |||||||||||||||||||||||||||||||||
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