December 18, 2013

Company announcements: SAMUDRA, COCOLND, WZSATU, LIONFIB, RCECAP, ITRONIC, WCT

SAMUDRA - OTHERS KEJURUTERAAN SAMUDRA TIMUR BERHAD - REPRESENTATIVE AGREEMENT DATED 1 JANUARY 2012 - NOTICE OF ARBITRATION

Announcement Type: General Announcement
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced18 Dec 2013  
CategoryGeneral Announcement
Reference NoCS-131218-8FD31

TypeAnnouncement
SubjectOTHERS
DescriptionKEJURUTERAAN SAMUDRA TIMUR BERHAD - REPRESENTATIVE AGREEMENT DATED 1 JANUARY 2012 - NOTICE OF ARBITRATION
Kejuruteraan Samudra Timur Berhad ("the Company") wishes to announce that it has, on 18 December 2013, received a Notice of Arbitration from Tesco Singapore Pte. Ltd (“Tesco”) to refer disputes and differences in relation to its claim against the Company to arbitration pursuant to the provisions of a Representative Agreement between Tesco and the Company dated 1 January 2012 (“Representative Agreement”).
Tesco, the claimant, and the Company entered into the Representative Agreement for the appointment of the Company as the representative of Tesco in Malaysia for the provision of the following services:-
      1. Top Drive Drilling System Services;
      2. At Rig Floor Snubbing Services;
      3. Tubing Running and Handling Services;
      4. MCLRSTM (Multiple Control Line Running SystemTM) Services;
      5. Casing Running/Reaming Services; and
      6. CASING DRILLING Services.
      Disputes and differences relating to the Representative Agreement have since arisen between Tesco and the Company. Pursuant to Clause 12 of the Representative Agreement, the disputes between the parties shall be referred to and determined by arbitration at the Singapore International Arbitration Centre under its commercial arbitration rules.

      The Company disputes the claims by Tesco and will be seeking legal advice in relation thereto.

      The arbitration proceeding is not expected to have a material impact on the earnings and the net assets of the Company for the financial year ending 30 June 2014.

      The Company will make further announcements if there are any further and material developments of the above matter to Bursa Malaysia Securities Berhad.

      This announcement is dated 18 December 2013.


      COCOLND - Changes in Sub. S-hldr's Int. (29B) - Khunying Wanna Sirivadhanabhakdi

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameCOCOALAND HOLDINGS BERHAD  
      Stock Name COCOLND  
      Date Announced18 Dec 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCC-131218-5134C

      Particulars of substantial Securities Holder

      NameKhunying Wanna Sirivadhanabhakdi
      Address288/37 Surawongse Road
      Siphraya, Bangrak District
      Bangkok, Thailand
      NRIC/Passport No/Company No.E869787
      Nationality/Country of incorporationThai
      Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
      Name & address of registered holderFraser & Neave Holdings Bhd
      Level 8, F&N Point
      No. 3, Jalan Metro Pudu 1
      Fraser Business Park
      Off Jalan Yew
      55100 Kuala Lumpur

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Others12/12/2013
      46,658,600
       

      Description of other type of transactionFollowing a decrease in the level of interest in Fraser and Neave, Limited, TCC Assets Limited holds 59.39% interest in Fraser and Neave, Limited (as of 12 December 2013).
      Circumstances by reason of which change has occurredDeemed interested pursuant to Section 6A of Companies Act 1965.

      Khunying Wanna Sirivadhanabhakdi holds 50% of the issued and paid up share capital of TCC Assets Limited.

      Following a decrease in the level of interest in Fraser and Neave, Limited, TCC Assets Limited holds 59.39% interest in Fraser and Neave, Limited (as of 12 December 2013).

      Fraser and Neave, Limited holds 203,470,910 ordinary shares (which represents approximitely 55.78% of the voting shares) in Fraser & Neave Holdings Berhad.

      Fraser & Neave Holdings Berhad holds 46,658,600 ordinary shares (which represents approximately 27.19% of the voting shares) of Cocoaland Holdings Berhad.
      Nature of interestDeemed interest
      Direct (units)
      Direct (%)
      Indirect/deemed interest (units)46,658,600 
      Indirect/deemed interest (%)27.2 
      Total no of securities after change46,658,600
      Date of notice16/12/2013

      Remarks :
      Form 29B dated 16 December 2013 was received on 18 December 2013.


      COCOLND - Changes in Sub. S-hldr's Int. (29B) - TCC Assets Limited

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameCOCOALAND HOLDINGS BERHAD  
      Stock Name COCOLND  
      Date Announced18 Dec 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCC-131218-62193

      Particulars of substantial Securities Holder

      NameTCC Assets Limited
      AddressOffices of Trident Trust Company (B.V.I.) Limited
      Trident Chambers, P.O. Box 146, Road Town
      Tortola, British Virgin Islands
      NRIC/Passport No/Company No.1046746
      Nationality/Country of incorporationBritish Virgin Islands
      Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
      Name & address of registered holderFraser & Neave Holdings Bhd
      Level 8, F&N Point
      No. 3, Jalan Metro Pudu 1
      Fraser Business Park
      Off Jalan Yew
      55100 Kuala Lumpur

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Others12/12/2013
      46,658,600
       

      Description of other type of transactionFollowing a decrease in the level of interest in Fraser and Neave, Limited, TCC Assets Limited holds 59.39% interest in Fraser and Neave, Limited (as of 12 December 2013).
      Circumstances by reason of which change has occurredDeemed interested pursuant to Section 6A of Companies Act 1965.

      Following a decrease in the level of interest in Fraser and Neave, Limited, TCC Assets Limited holds 59.39% interest in Fraser and Neave, Limited (as of 12 December 2013).

      Fraser and Neave, Limited holds 203,470,910 ordinary shares (which represents approximitely 55.78% of the voting shares) in Fraser & Neave Holdings Berhad.

      Fraser & Neave Holdings Berhad holds 46,658,600 ordinary shares (which represents approximately 27.19% of the voting shares) of Cocoaland Holdings Berhad.
      Nature of interestDeemed interest
      Direct (units)
      Direct (%)
      Indirect/deemed interest (units)46,658,600 
      Indirect/deemed interest (%)27.2 
      Total no of securities after change46,658,600
      Date of notice16/12/2013

      Remarks :
      Form 29B dated 16 December 2013 was received on 18 December 2013.


      COCOLND - Changes in Sub. S-hldr's Int. (29B) - Charoen Sirivadhanabhakdi

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameCOCOALAND HOLDINGS BERHAD  
      Stock Name COCOLND  
      Date Announced18 Dec 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCC-131218-51355

      Particulars of substantial Securities Holder

      NameCharoen Sirivadhanabhakdi
      Address288/37 Surawongse Road
      Siphraya, Bangrak District
      Bangkok, Thailand
      NRIC/Passport No/Company No.E869786
      Nationality/Country of incorporationThai
      Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
      Name & address of registered holderFraser & Neave Holdings Bhd
      Level 8, F&N Point
      No. 3, Jalan Metro Pudu 1
      Fraser Business Park
      Off Jalan Yew
      55100 Kuala Lumpur

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Others12/12/2013
      46,658,600
       

      Description of other type of transactionFollowing a decrease in the level of interest in Fraser and Neave, Limited, TCC Assets Limited holds 59.39% interest in Fraser and Neave, Limited (as of 12 December 2013).
      Circumstances by reason of which change has occurredDeemed interested pursuant to Section 6A of Companies Act 1965.

      Charoen Sirivadhanabhakdi holds 50% of the issued and paid up share capital of TCC Assets Limited.

      Following a decrease in the level of interest in Fraser and Neave, Limited, TCC Assets Limited holds 59.39% interest in Fraser and Neave, Limited (as of 12 December 2013).

      Fraser and Neave, Limited holds 203,470,910 ordinary shares (which represents approximitely 55.78% of the voting shares) in Fraser & Neave Holdings Berhad.

      Fraser & Neave Holdings Berhad holds 46,658,600 ordinary shares (which represents approximately 27.19% of the voting shares) of Cocoaland Holdings Berhad.
      Nature of interestDeemed interest
      Direct (units)
      Direct (%)
      Indirect/deemed interest (units)46,658,600 
      Indirect/deemed interest (%)27.2 
      Total no of securities after change46,658,600
      Date of notice16/12/2013

      Remarks :
      Form 29B dated 16 December 2013 was received on 18 December 2013.


      WZSATU - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

      Announcement Type: General Announcement
      Company NameWZ SATU BERHAD  
      Stock Name WZSATU  
      Date Announced18 Dec 2013  
      CategoryGeneral Announcement
      Reference NoOI-131217-67794

      TypeAnnouncement
      SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
      FUND RAISING
      DescriptionWZ SATU BERHAD (FORMERLY KNOWN AS WZ STEEL BERHAD) ("WZSATU" OR "COMPANY")

      PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF WZSATU ("PRIVATE PLACEMENT")

      (Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 26 September 2013, 1 October 2013, 8 October 2013, 21 October 2013, 28 October 2013, 31 October 2013, 9 December 2013 and 17 December 2013 in relation to the Private Placement ("Announcements")).

      We refer to the Announcements in relation to the Private Placement.

      On behalf of the Board of Directors of WZSATU, Bank Islam Malaysia Berhad wishes to announce that the Private Placement has been completed upon the listing of and quotation for the 1,000,000 Placement Shares, being the second and final tranche of the Private Placement on the Main Market of Bursa Securities on 18 December 2013.

      This announcement is dated 18 December 2013.



      LIONFIB - GENERAL MEETINGS: OUTCOME OF MEETING

      Announcement Type: General Meetings
      Company NameLION FOREST INDUSTRIES BERHAD  
      Stock Name LIONFIB  
      Date Announced18 Dec 2013  
      CategoryGeneral Meetings
      Reference NoLF-131218-742D3

      Type of MeetingAGM
      IndicatorOutcome of Meeting
      Date of Meeting18/12/2013
      Time02:00 PM
      VenueMeeting Hall, Level 16, Office Tower, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur
      Outcome of Meeting
      We are pleased to inform that at the Thirty-First Annual General Meeting of Lion Forest Industries Berhad ("Company") held on 18 December 2013, the shareholders have approved the following:
      1. the payment of a first and final dividend of 2.0 sen per ordinary share less 25% Malaysian Income Tax in respect of the financial year ended 30 June 2013;

      2. the re-appointment of Y. Bhg. Tan Sri William H.J. Cheng who retired pursuant to Section 129(6) of the Companies Act, 1965 as Director of the Company;
      3. the re-appointment of Mr Lin Chung Dien who retired pursuant to Section 129(6) of the Companies Act, 1965 as Director of the Company;

      4. the re-appointment of Y. Bhg. Dato' Kalsom binti Abd. Rahman as an independent non-executive Director of the Company; and

      5. all other resolutions tabled thereat including the ordinary and special resolutions transacted as special business as set out in the attached file.


      RCECAP - Notice of Shares Buy Back - Immediate Announcement

      Announcement Type: Notice of Shares Buy Back - Immediate Announcement
      Company NameRCE CAPITAL BERHAD  
      Stock Name RCECAP  
      Date Announced18 Dec 2013  
      CategoryNotice of Shares Buy Back - Immediate Announcement
      Reference NoRC-131218-396C8

      Date of buy back18/12/2013
      Description of shares purchasedOrdinary shares of RM0.10 each
      CurrencyMalaysian Ringgit (MYR)
      Total number of shares purchased (units)85,000
      Minimum price paid for each share purchased ($$)0.270
      Maximum price paid for each share purchased ($$)0.270
      Total consideration paid ($$)23,117.59
      Number of shares purchased retained in treasury (units)85,000
      Number of shares purchased which are proposed to be cancelled (units)
      Cumulative net outstanding treasury shares as at to-date (units)7,696,700
      Adjusted issued capital after cancellation
      (no. of shares) (units)
       
      Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.66


      ITRONIC - Changes in Director's Interest (S135) - Yip Wai Man Raymond

      Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
      Company NameINDUSTRONICS BERHAD  
      Stock Name ITRONIC  
      Date Announced18 Dec 2013  
      CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
      Reference NoCC-131217-D4CAD

      Information Compiled By KLSE

      Particulars of Director

      NameYip Wai Man Raymond
      AddressBlock C-15-16, No. 3
      Jalan Tropicana Selatan
      Pangsapuri Bayu Puteri
      PJU 3, 47301 Petaling Jaya
      Selangor Darul Ehsan
      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
      12/12/2013
      117,100
      0.565 

      Circumstances by reason of which change has occurredExercise the options under Share Issuance Scheme
      Nature of interestDirect
      Consideration (if any) 

      Total no of securities after change

      Direct (units)117,100 
      Direct (%)0.12 
      Indirect/deemed interest (units)
      Indirect/deemed interest (%)
      Date of notice18/12/2013

      Remarks :
      The total percentage of shares subscribed by Mr Yip Wai Man Raymond was around 0.12% of the total issued and paid up capital of the Company.


      WCT - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameWCT HOLDINGS BERHAD  
      Stock Name WCT  
      Date Announced18 Dec 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoWW-131218-6CCDD

      Particulars of substantial Securities Holder

      NameLembaga Tabung Haji
      Address201, Jalan Tun Razak, Peti Surat 11025, 50732 Kuala Lumpur
      NRIC/Passport No/Company No.ACT 5351995
      Nationality/Country of incorporationMalaysia
      Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
      Name & address of registered holderLembaga Tabung Haji (90,257,205 Shares)
      AmIslamic Fund Management Sdn Bhd (1,530,285 Shares)
      Asian Islamic Investment Management Sdn Bhd (711,650 Shares)
      CIMB-Principal Asset Management Berhad (1,187,900 Shares)
      Kenanga Investors Berhad (403,200 Shares)

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Acquired16/12/2013
      1,000,000
       

      Circumstances by reason of which change has occurredAcquisition of shares
      Nature of interestDirect
      Direct (units)94,090,240 
      Direct (%)8.61 
      Indirect/deemed interest (units) 
      Indirect/deemed interest (%) 
      Total no of securities after change94,090,240
      Date of notice18/12/2013

      Remarks :
      Form 29B dated 17 December 2013 was received on 18 December 2013.


      WCT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameWCT HOLDINGS BERHAD  
      Stock Name WCT  
      Date Announced18 Dec 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoWW-131218-5886D

      Particulars of substantial Securities Holder

      NameEmployees Provident Fund Board
      AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
      NRIC/Passport No/Company No.EPFACT1991
      Nationality/Country of incorporationMalaysia
      Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
      Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (90,596,010 Shares)
      Employees Provident Fund Board (1,722,125 Shares)
      Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(Amundi)(3,800,000 Shares)
      Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(HDBS)(5,018,895 Shares)
      Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) (3,600,000 Shares)
      Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (6,657,000 Shares)
      Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (940,000 Shares)
      Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (14,742,750 Shares)
      Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,200,000 Shares)

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Disposed13/12/2013
      754,900
       

      Circumstances by reason of which change has occurredDisposal of shares
      Nature of interestDirect
      Direct (units)129,276,780 
      Direct (%)11.83 
      Indirect/deemed interest (units) 
      Indirect/deemed interest (%) 
      Total no of securities after change129,276,780
      Date of notice18/12/2013

      Remarks :
      Form 29B dated 16 December 2013 was received on 18 December 2013.


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