KFM - Changes in Director's Interest (S135) - DENNIS TOW JUN FYE
| Company Name | KUANTAN FLOUR MILLS BHD |
| Stock Name | KFM |
| Date Announced | 12 Dec 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CM-131212-55594 |
Information Compiled By KLSE
Particulars of Director
| Name | DENNIS TOW JUN FYE |
| Address | NO.3, JALAN BUMIPUTERA, STULANG LAUT 80300 JOHOR BAHRU, JOHOR |
| 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) |
Acquired | 198,000 | 0.286 |
| Circumstances by reason of which change has occurred | ACQUIRED FROM OPEN MARKET |
| Nature of interest | DIRECT |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 8,482,000 |
| Direct (%) | 13.02 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 12/12/2013 |
| Remarks : |
| 1. This announcement served as an announcement pursuant to 14.09 of the Main Listing Requirements. 2. The Notice received on 12 December 2013. 3. The 8,482,000 ordinary shares represent 13.02% of the total issued ordinary shares of the Company. |
KFM - Changes in Sub. S-hldr's Int. (29B) - DENNIS TOW JUN FYE
| Company Name | KUANTAN FLOUR MILLS BHD |
| Stock Name | KFM |
| Date Announced | 12 Dec 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CM-131212-58507 |
Particulars of substantial Securities Holder
| Name | DENNIS TOW JUN FYE |
| Address | NO.3, JALAN BUMIPUTERA, STULANG LAUT 80300 JOHOR BAHRU, JOHOR |
| NRIC/Passport No/Company No. | 850819-01-5499 |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.50 EACH |
| Name & address of registered holder | DENNIS TOW JUN FYE NO.3, JALAN BUMIPUTERA, STULANG LAUT, 80300 JOHOR BAHRU, JOHOR |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 11/12/2013 | 198,000 | 0.286 |
| Remarks : |
| This Form 29B received on 12 December 2013 |
LBICAP - OTHERS PROPOSED ACQUISITION OF LAND FROM LEE AH SEONG (“VENDOR”) FOR A CASH CONSIDERATION OF RM6,200,000 (“PROPOSED ACQUISITION”)
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 12 Dec 2013 |
| Category | General Announcement |
| Reference No | CN-131212-3E2CE |
| Type | Announcement |
| Subject | OTHERS |
| Description | PROPOSED ACQUISITION OF LAND FROM LEE AH SEONG (“VENDOR”) FOR A CASH CONSIDERATION OF RM6,200,000 (“PROPOSED ACQUISITION”) |
1. INTRODUCTION The Board of Directors of LBI, is pleased to announce that Goldmount Resources Sdn Bhd (Company No.: 624586-A)(“GMR or the Purchaser”), a wholly-owned subsidiary of LBI, had on 12 December 2013 entered into a Sale and Purchase agreement (“SPA”) with Lee Ah Seong of No. 33, Jalan Sg. Niboang 1-C, Taman Mewah Baru, Klang, Selangor Darul Ehsan (“the Vendors”) for the acquisition of all two (2) parcels of land measuring approximately 10.0 acres in total forming part of the land held under Hakmilik No. 480, Lot 537 and Hakmilik No. 582, Lot 535, both of Mukim Telok Panglima Garang & Daerah Kuala Langat, Negeri Selangor (“the said land”), for a total cash consideration of RM6,200,000.00. Further details of the Proposed Acquisition are set out in the ensuing paragraphs. 2. PROPOSED ACQUISITION 2.1 Details of the Proposed Acquisition Pursuant to the SPA, the total cash consideration of RM6,200,000.00 to be satisfied in cash by GMR in the following manner:- (a) A sum of RM620,000.00 paid by GMR to the Vendors upon execution of the SPA; and (b) the balance of RM5,580,000.00 shall be paid by GMR to the Vendors within the period of 3 months from the date of the SPA failing which the Vendors shall grant to the Purchaser an extension of 1 month to complete the transaction provided always that the Purchaser shall pay interest at the interest rate of 8% per annum on all sum remaining outstanding. 2.2 Basis of purchase consideration The purchase consideration was based on a “willing-buyer willing-seller” basis. 2.3 Mode of satisfaction of the purchase consideration The purchase consideration will be satisfied by way of cash from internally generated funds and bank borrowing. 3. INFORMATION ON THE LAND The said land are freehold land comprising two (2) individual titles held under Hakmilik No. 480, Lot 537 and Hakmilik No. 582, Lot 535, both of Mukim Teluk Panglima Garang & Daerah Kuala Langat, Negeri Selangor, measuring approximately 10.0 acres in total. The said land current status is agriculture. The said land is accessible through Jalan Banting, Klang and located in an area where potential development is good within the next five years. 4. INFORMATION OF VENDOR The vendor is Lee Ah Siong (NRIC: 660430-10-5763) of No. 33, Jalan Sg. Nibong 1-C, Taman Mewah Baru, Klang, Selangor Darul Ehsan 5. COST OF INVESTMENT The original cost of investment(s) is not available at this point of time. 6. RATIONALE The proposed acquisition is to enhance LBI’s property development activities. GMR plans to develop the said land into residential within the next five years. The acquisition will increased the development land of the Group and will contribute higher earnings in the future. 7. RISKS 7.1 Business Risk The inherent risk of the property development sector include shortages of building material, building material cost increases, labour costs, shortages of labour including foreign workers, slow collection and availability of bank borrowings. Although LBI Group seeks to limit these risks, no assurance can be given that any change in these factors will not have a material adverse impact on the LBI Group. 7.2 Competition Despite the government’s stimulus packages to stimulate consumer demand as well as the current low mortgage rates environment, the property market normally would subject to fluctuation in buyer sentiment and supply condition in a particular area where the property is located. 7.3 Delay In Completion Of Projects Development projects are subject to various regulatory approvals and the completion of development projects on time is dependent on many external factors, such as uninterrupted adequate labour supply by the contractors, weather conditions, obtaining the regulatory approvals as scheduled, securing construction materials in adequate amounts, favourable credit terms and satisfactory performance of building contractors which may be appointed to complete the development project. There can be no assurance that these factors will not lead to unforeseen significant delays in completion of the project. These delays may have a direct impact on LBI Group’s future profitability. 8. EFFECTS OF THE PROPOSED ACQUISITION 8.1 Share Capital There will be no effect to the share capital of LBI as the Proposed Acquisition is entirely satisfied by cash and does not involve any new issuance of new ordinary shares in LBI. 8.2 Earnings The development prospects of the Property pursuant to the Proposed Acquisition are expected to contribute positively to the earnings of LBI Group in the future. However, at this juncture, LBI is not able to determine the extent of the earnings contribution resulting from the Proposed Acquisition. 8.3 Substantial Shareholders There will not be any effect to the substantial shareholders of the Company as the Proposed Acquisition does not involve any new issuance of LBI Shares. 8.4 Net Tangible Asset (“NTA”) There will be no effect to the NTA position of the Company as the Proposed Acquisition will be satisfied entirely via cash. 9. COMPLETION DATE The Proposed Acquisition is expected to be completed within 3 months from the date of the SPA. 10. APPROVALS The Proposed Acquisition is not subject to shareholder approval. 11. DEPARTURE FROM THE SC GUIDELINES To the best knowledge of the Board, the Proposed Acquisition does not have any departure from the SC Guidelines. 12. DIRECTORS AND MAJOR SHAREHOLDERS INTERESTS None of the directors, major shareholders and/or any person connected with them have any interest, direct or indirect, in the Proposed Acquisition. 13. DIRECTORS RECOMMENDATION The Board of LBI is of the opinion that the Proposed Acquisition is in the best interest of the LBI Group. 14. DOCUMENTS FOR INSPECTION The SPA may be inspected at the registered office of LBI at Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. | |
PRLEXUS - Quarterly rpt on consolidated results for the financial period ended 31/10/2013 (Amended Announcement)
| Company Name | PROLEXUS BERHAD |
| Stock Name | PRLEXUS |
| Date Announced | 12 Dec 2013 |
| Category | Financial Results |
| Reference No | CC-131212-651F6 |
| Financial Year End | 31/07/2014 |
| Quarter | 1 |
| Quarterly report for the financial period ended | 31/10/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/10/2013 |
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 | 66,560 | 49,300 | 66,560 | 49,300 |
| 2 | Profit/(loss) before tax | 3,845 | 4,145 | 3,845 | 4,145 |
| 3 | Profit/(loss) for the period | 3,227 | 4,010 | 3,227 | 4,010 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 2,506 | 3,419 | 2,506 | 3,419 |
| 5 | Basic earnings/(loss) per share (Subunit) | 3.40 | 4.64 | 3.40 | 4.64 |
| 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 ($$) | 1.0200 | 0.9700 | ||
| Remarks : |
| Comparative number of shares was restated to take into account the share split effect, in compliance with MFRS 133. |
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 |
FRB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | FORMIS RESOURCES BERHAD |
| Stock Name | FRB |
| Date Announced | 12 Dec 2013 |
| Category | General Announcement |
| Reference No | FR-131212-33995 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED INVESTMENT IN BANCORE A/S: EXECUTION OF INVESTMENT AGREEMENT AND SHAREHOLDERS’ AGREEMENT |
We refer to our announcements dated 21 November 2013, 27 November 2013 and 2 December 2013 in respect of the execution of the Investment Agreement and the Shareholders’ Agreement in respect of the investment in Bancore A/S (“Announcements”). For consistency, the abbreviation and definitions used throughout this announcement are the same as those previously defined in the Announcements. The Board of Directors of Formis Resources Berhad ("FRB") is pleased to announce that pursuant to the terms of the Investment Agreement, the assignment of 100 ordinary shares of SGD1.00 each in Bancore Asia Pte Ltd (“Bancore Asia”), an existing wholly-owned subsidiary of Continuous Network Advisers Sdn Bhd (“CNA”) which in turn a wholly-owned subsidiary of FRB, to Bancore A/S for a total cash consideration of SDG1.00 only has been completed on 12 December 2013. Accordingly, Bancore Asia is now a 66.67% owned subsidiary of CNA. This announcement is dated 12 December 2013. | |
KPSCB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | KPS CONSORTIUM BERHAD |
| Stock Name | KPSCB |
| Date Announced | 12 Dec 2013 |
| Category | General Announcement |
| Reference No | KC-131210-C6B0C |
| Type | Announcement | ||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||
| Description | Please refer to the Announcement Details. | ||||||||||
Pursuant to the paragraph 14.09(a) of Chapter 14 of the Listing Requirements of Bursa Malaysia Securities Berhad for Main Market, this is to notify that the Company has received notification from the Group Managing Director of the Company, Mr Koh Poh Seng, in relation to his acquisition of the Company's shares outside the closed period as per table below:-
This announcement is dated 12 December 2013. | |||||||||||
KPSCB - Changes in Director's Interest (S135) - Koh Poh Seng
| Company Name | KPS CONSORTIUM BERHAD |
| Stock Name | KPSCB |
| Date Announced | 12 Dec 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | KC-131210-C6B09 |
Information Compiled By KLSE
Particulars of Director
| Name | Koh Poh Seng |
| Address | No.34, Jalan Hujan Gerimis Dua, Taman Overseas Union, 58200 Kuala Lumpur |
| 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 | 15,000 | 0.450 |
| Circumstances by reason of which change has occurred | Acquired in open market. |
| Nature of interest | |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 59,703,925 |
| Direct (%) | 40.39 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 12/12/2013 |
| Remarks : |
| This announcement is served pursuant to Paragraph 14.09 of Chapter 14 of the Main Market Listing Requirements. |
KPSCB - Changes in Sub. S-hldr's Int. (29B) - Koh Poh Seng
| Company Name | KPS CONSORTIUM BERHAD |
| Stock Name | KPSCB |
| Date Announced | 12 Dec 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | KC-131210-C6B0A |
Particulars of substantial Securities Holder
| Name | Koh Poh Seng |
| Address | No.34, Jalan Hujan Gerimis Dua, Taman Overseas Union, 58200 Kuala Lumpur |
| NRIC/Passport No/Company No. | 561105-08-6569 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 Each |
| Name & address of registered holder | Koh Poh Seng, No.34, Jalan Hujan Gerimis Dua, Taman Overseas Union, 58200 Kuala Lumpur; Amsec Nominees (Tempatan) Sdn Bhd, 15th Floor, Bangunan Ambank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur; Alliance Group Nominees (Tempatan) Sdn Bhd, Menara Multi-Purpose Capital Square, 5 Jalan Munshi Abdullah, 50100 Kuala Lumpur; Public Nominees (Tempatan) Sdn Bhd, Menara Public Bank, 148 Jalan Ampang, 50450 Kuala Lumpur; Citicorp Nominees (Tempatan) Sdn Bhd, Level 16, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur; OSK Nominees (Tempatan) Sdn Bhd, 10th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur; AIBB Nominees (Tempatan) Sdn Bhd, Level 17, Menara Multi-Purpose Capital Square 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 11/12/2013 | 15,000 | 0.450 |
ADVPKG - Interim Dividend
| Company Name | ADVANCED PACKAGING TECHNOLOGY (M) BHD |
| Stock Name | ADVPKG |
| Date Announced | 12 Dec 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-131118-3C301 |
RCECAP - Notice of Shares Buy Back - Immediate Announcement
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 12 Dec 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | RC-131212-2E04F |
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