February 22, 2013

Company announcements: BRIGHT

BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-58671

Date of change21/02/2013
NameWong See Yaw
Age39
NationalityMalaysian
DesignationManaging Director
DirectorateExecutive
Type of changeRemoved
ReasonRemoved by shareholders
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-57432

Date of change21/02/2013
NameYeap Cheng Chuan
Age65
NationalityMalaysian
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
Type of changeRemoved
ReasonRemoved by shareholders
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-57780

Date of change21/02/2013
NameSYED ALI BIN ABBAS ALHADSHEE
Age50
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateNon Independent & Non Executive
QualificationsProfessional Diploma in Leadership and Management from the New Zealand Institute of Management 
Working experience and occupation Datuk Wira Syed Bin Tan Sri Abbas Alhabshee has great knowledge and executive experience in leading private, public and government controlled organizations from a broad range of industries. Datuk Wira ventured into business in the early 1980s and currently sits on the board of several private and public corporations involved in a diverse range of businesses such as Redtone International Berhad, Asia Media Group Berhad, C.I Holdings Berhad, Tanjung Offshore Berhad and UZMA Berhad. He was appointed as a member of the Malaysian Senate (Dewan Negara) on 21 April 2003 until April 2009 
Directorship of public companies (if any)Redtone International Berhad
Asia Media Group Berhad
C.I Holdings Berhad
Tanjung Offshore Berhad
UZMA Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect: 4,489,600 ordinary shares of RM1.00 each in the Company 


Company announcements: YOKO, BRIGHT

YOKO - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoCC-130222-54562

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

Q4 Fin Result.pdf
104 KB

Q4 Note.pdf
211 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
54,712
39,296
197,665
165,992
2Profit/(loss) before tax
7,049
-202
12,634
9,044
3Profit/(loss) for the period
4,711
-110
8,129
7,198
4Profit/(loss) attributable to ordinary equity holders of the parent
4,711
-110
8,129
7,198
5Basic earnings/(loss) per share (Subunit)
5.41
-0.13
9.33
8.26
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
3.73
1.25


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 ($$)
1.1300
1.0500
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


BRIGHT - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Audit Committee
Reference NoCC-130222-63309

Date of change21/02/2013
NameWong Siew Yoong
Age44
NationalityMalaysian
Type of changeRetirement
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 
Composition of Audit Committee (Name and Directorate of members after change)Low Wan Choon (Chairman)- Independent Non-Executive

Remarks :
The 2 vacant positions of the Audit Committee following the retirement of Ms Wong Siew Yoong at the Annual General Meeting and the removal of Mr Yeap Cheng Chuan at the Extraordinary General Meeting held on 21 February 2013 will be filled within 3 months.


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-53242

Date of change21/02/2013
NameANG LAY CHIENG
Age40
NationalityMALAYSIAN
Type of changeAppointment
DesignationDirector
DirectorateExecutive
QualificationsBA (Hons)Accounting & Finance, United Kingdom
Fellow Chartered Certified Accountants (FCCA) 
Working experience and occupation Ms Ang began her career with PriceWaterhouseCoopers Advisory Services Sdn Bhd from 1998 to 2002, and joined Affin Merchant Bank Berhad from 2002 to 2005.
Subsequently, she joined Pure Circle Limited as the Head of Corporate Planning from 2006 to 2008 and Cosmos Discovery Sdn Bhd from 2009 to 2011. She is also a member of the Malaysian Institute of Accountants (MIA) 
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerDirect: 4,333,100 ordinary shares of RM1.00 each in the Company 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone  


BRIGHT - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Audit Committee
Reference NoCC-130222-63092

Date of change21/02/2013
NameYeap Cheng Chuan
Age65
NationalityMalaysian
Type of changeRemoved
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 
Composition of Audit Committee (Name and Directorate of members after change)Low Wan Choon (Chairman)- Independent Non-Executive

Remarks :
The 2 vacant positions of the Audit Committee following the retirement of Ms Wong Siew Yoong at the Annual General Meeting and the removal of Mr Yeap Cheng Chuan at the Extraordinary General Meeting held on 21 February 2013 will be filled within 3 months.


BRIGHT - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange Of Company Secretary
Reference NoCC-130222-56252

Date of change22/02/2013
Type of changeAppointment
DesignationSecretary
License no.MAICSA 7006751
NameWong Wei Fong
Working experience and occupation during past 5 years


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-58327

Date of change21/02/2013
NameWong Siew Yoong
Age44
NationalityMalaysian
Type of changeRetirement
DesignationDirector
DirectorateNon Independent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-58193

Date of change21/02/2013
NameLYE JUN FEI
Age31
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateIndependent & Non Executive
QualificationsBachelor of Science (Hons) in Business Computing, Staffordshire University, United Kingdom, 2003 
Working experience and occupation Mr. Lye began his career at Digi Telecommunication where he worked on improving and resolving the technical challenges of GPRS, WAP & GSM technologies. He was then recruited to lead the Marketing and Sales operations of a telecommunication industry equipment manufacturing company. In 2007, Mr. Lye was recruited as the Head of Operations for Malaysia’s most prominent TMT (Technology, Media & Telecommunications) company. He was responsible for the project system design, planning, implementation and deployment of firm-wide operations. In 2009, he joined the pharmaceutical industry as the Director of Operation for a pharmaceutical company managing the day to day operation of its retail stores.  
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect: 2,303,900 ordinary shares of RM1.00 each in the Company 


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-58032

Date of change21/02/2013
NameTEE WEE KEAT
Age31
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateIndependent & Non Executive
QualificationsBachelor of Business Marketing , LaTrobe University, Australia 
Working experience and occupation Mr. Tee began his career in 2004 as a Key Account Executive working within the distribution chain of FMCG (Fast Moving Consumer Goods) and had broad oversight servicing all Hypermarkets in Malaysia. In 2006, he joined Jasa Kita Trading (M) Berhad as a Marketing and Sales Executive where he was responsible for the distribution of Japanese Brand – Makita Power Tools, serving machinery dealers in Kuala Lumpur and the East Coast of Malaysia 
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect: 2,377,000 ordinary shares of RM1.00 each in the Company 


BRIGHT - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange Of Company Secretary
Reference NoCC-130222-56849

Date of change22/02/2013
Type of changeResignation
DesignationSecretary
License no.KOH MEI LING
NameMAICSA 7027183
Working experience and occupation during past 5 years


BRIGHT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced22 Feb 2013  
CategoryChange in Boardroom
Reference NoCC-130222-59028

Date of change21/02/2013
NameYAP KOK ENG
Age43
NationalityMalaysian
Type of changeRetirement
DesignationExecutive Director
DirectorateExecutive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 


Company announcements: CIMB, PESTECH, PJBUMI, WANGZNG, KKB, INTEGRA, SAM-LA

CIMB - OTHERS 1. PROPOSED RENEWAL OF THE AUTHORITY FOR CIMB GROUP HOLDINGS BERHAD ("CIMB GROUP") TO PURCHASE ITS OWN SHARES 2. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

Announcement Type: General Announcement
Company NameCIMB GROUP HOLDINGS BERHAD  
Stock Name CIMB  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoCG-130204-60211

TypeAnnouncement
SubjectOTHERS
Description1. PROPOSED RENEWAL OF THE AUTHORITY FOR CIMB GROUP HOLDINGS BERHAD ("CIMB GROUP") TO PURCHASE ITS OWN SHARES
2. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

CIMB Group wishes to announce that it will be seeking its shareholders' approval for the following proposals at its 56th Annual General Meeting to be convened on a date to be announced later : -

(a) Proposed renewal of the authority for CIMB Group to purchase its own shares of up to 10% of the issued and paid-up capital of CIMB Group ("Proposed Share Buy-Back"); and

(b) Proposed Amendments to the Articles of Association.

Information on the Proposed Share Buy-Back and Proposed Amendments to the Articles of Association will be despatched to shareholders of CIMB Group together with the CIMB Group 2012 Annual Report in due course.

c.c. Securities Commission



PESTECH - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoCS-130222-045D3

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

PIB Q4 2012 Announcement.pdf
806 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
52,041
0
136,098
132,048
2Profit/(loss) before tax
12,331
0
23,039
17,368
3Profit/(loss) for the period
9,297
0
16,633
12,686
4Profit/(loss) attributable to ordinary equity holders of the parent
9,277
0
16,580
12,711
5Basic earnings/(loss) per share (Subunit)
11.52
0.00
20.59
25.00
6Proposed/Declared dividend per share (Subunit)
3.30
0.00
5.70
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 ($$)
81.3400
53.2000
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


PESTECH - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced22 Feb 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoCS-130222-08CFE

EX-date26/03/2013
Entitlement date28/03/2013
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionSingle Tier Interim Dividend of 3.3 sen per ordinary share
Period of interest payment to
Financial Year End31/12/2012
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSecurities Services (Holdings) Sdn. Bhd.
Level 7, Menara Milenium
Jalan Damanlela
Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur
Tel no. 03-2084 9000
Payment date 26/04/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers28/03/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.033


PJBUMI - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NamePJBUMI BERHAD  
Stock Name PJBUMI  
Date Announced22 Feb 2013  
CategoryChange in Audit Committee
Reference NoCC-130222-67724

Date of change22/02/2013
NameAHMAD BIN MD DAUD
Age59
NationalityMALAYSIAN
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsMaster in Business Administration from University Technology Mara (UiTM) in 2000

Diploma in Electrical and Electronics Engineering from Institute Technology Mara (ITM) in 1976  
Working experience and occupation He started his career as Process Engineer with National Semiconductor Sdn Bhd and later joined Texas Instruments Malaysia Sdn Bhd as Process Control Engineer involved in semiconductor assembly. In January 1983, he joined Bank Pembangunan Malaysia Berhad and was posted into various positions and carrying out various duties from technical evaluation, project rehabilitation, project appraisal, entrepreneurial development, branch operation to risk management. He has vast knowledge and experience in the banking operation. His last position was as an Assistant Vice President, Operational Risk Management which he held before he opted for early retirement in December 2010.

Presently, he is the Managing Director of AMD Agrofarm Sdn Bhd involved in livestock quarantine services and import of live cattle for local market.  
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 
Composition of Audit Committee (Name and Directorate of members after change)1. ABDUL RAHMAN BIN HAJI SIRAJ
Chairman of Audit Committee
(Independent & Non-Executive Director)
2. AHMAD BIN MD DAUD
Member of Audit Committee
(Independent & Non-Executive Director)
3.MOHD MAHYUDIN BIN ZAINAL
Member of Audit Committee
(Non-Independent & Non-Executive Director)


WANGZNG - Wang-Zheng Berhad (“WZB” or “the Company”) - Subscription of Shares by Carefeel Cotton Industries (M) Sdn Bhd (“CCI”) In Oscar Cheers Sdn Bhd (“OCSB”)

Announcement Type: General Announcement
Company NameWANG-ZHENG BERHAD  
Stock Name WANGZNG  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoCC-130222-7B023

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDGG-130220-42578
SubjectWang-Zheng Berhad (“WZB” or “the Company”)
- Subscription of Shares by Carefeel Cotton Industries (M) Sdn Bhd (“CCI”) In Oscar Cheers Sdn Bhd (“OCSB”)
DescriptionWang-Zheng Berhad (“WZB” or “the Company”)
- Subscription of Shares by Carefeel Cotton Industries (M) Sdn Bhd (“CCI”) In Oscar Cheers Sdn Bhd (“OCSB”)
Query Letter Contents We refer to the Company's announcements dated 8 February 2013 and 19 February
2013, in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. To provide information on Sunsuria Development Sdn Bhd ("Sunsuria") and
Peekay Global Sdn Bhd including, but not limited to, date of incorporation,
commencement date of business, principal activity, authorised and issued and
paid-up share capital, name of directors and substantial shareholders together
with their shareholdings.

2. Details of the Joint Venture Agreement ("JVA") between Sunsuria and Mega
Milestone Sdn Bhd including the terms of the cost and profit sharing mechanism.

3. To state the rationale for the Joint Investment Agreement to be conditional
upon the JVA.

4. To be more specific with regard to the claim that Sunsuria is entitled
against CCI.

5. To spell out the terms of the Shareholders' Agreement.

6. A statement on whether the Subscription will result in diversification in
operations by Wang-Zheng Berhad pursuant to paragraph 10.13 of the Main Market
Listing Requirements.

7. To provide the basis to derive the net sales estimated at RM500 per square
feet.


Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully





HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/TGG
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)

We refer to the Company’s announcements dated 8 February 2013 and 19 February 2013, respectively.

The Company wishes to further announce the followings: -

1. Information on Sunsuria Development Sdn Bhd ("Sunsuria") and Peekay Global Sdn Bhd

i) Sunsuria

a) Date of incorporation: 1 March 2002

b) Commencement date of Business: commenced business during the financial year 2003

c) Principal activity: investment holding and property development

d) Authorised capital: RM5 million comprising 5 million shares of RM1.00 each

e) Paid-up capital: RM3 million comprising 3 million shares of RM1.00 each

f) Directors: Dato’ Haji Md Yusoff @ Mohd Yusoff Bin Jaafar

Datuk Ter Leong Yap

Datin Kwan May Yuen

Mr. Wong Yuen Teck

Ms. Ter Leong Ping

g) Shareholders: Sunsuria is 100% owned by its parent, Sunsuria Holdings Sdn. Bhd.

ii) Peekay Global Sdn Bhd

a) Date of incorporation: 31 January 2013

b) Commencement date of Business: 8 February 2013

c) Principal activity: Investment holdings

d) Authorised capital: RM100,000.00 comprising 100,000 shares of RM1.00 each

e) Paid-up capital: RM2.00 comprising 2 shares of RM1.00 each

f) Directors: Mr. Lee Piang Koon

Ms. Lee Jie Rou

g) Shareholders: Mr. Lee Piang Koon (1 share = 50%)

Ms. Lee Jie Rou (1 share = 50%)

2. Details of the Joint Venture Agreement between Sunsuria and Mega Milestone Sdn Bhd including the terms of the cost and profit sharing mechanism

The Joint Venture Agreement (JVA) is between Oscar Cheers Sdn Bhd (OCSB) and Mega Milestone Sdn Bhd (Mega Milestone) instead of Sunsuria. The terms of the cost and profit sharing mechanism of the JVA between OCSB & Mega Milestone are:

i) OCSB, being the developer, is to allot to Mega Milestone, the landowner, the parcels/units of property developed in the Land owned by Mega Milestone for a total value of RM115,170,070.00 (hereinafter called the “Owners Entitlement”). The Owners Entitlement is to be based on the sales value of each type of property which shall be determined by the developer, ie OCSB’s offer price of the parcels/units of property to be offered for sale to the public when launched for sale.

ii) The developer OCSB shall upon execution of the JVA:

a) apply to the proper authorities for all necessary licences (if applicable) pertaining to the Development;

b) prepare and submit the plans and specifications in respect of the Mall, Offices and Retail Spaces to be erected on the Land to the proper authorities with such amendments from time to time as may be required, and

c) pay all costs and expenses incurred in or about the applications for approval and subdivision of the Land including all premium charges and any other contributions payable

3. To state the rationale for the Joint Investment Agreement to be conditional upon the JVA

The rationale for the Joint Investment Agreement to be conditional upon the JVA is due to the subscription of shares in OCSB by CCI is in view of the development potential and prospects of OCSB’s proposed mixed development project located at Setia Alam, Mukim Bukit Raja, Selangor pertaining to the JVA.

4. To be more specific with regard to the claim that Sunsuria is entitled against CCI

There is no specific terms with regard to the claim that Sunsuria is entitled against CCI as the terms stated in the said agreement is a commercial terms of which the claim could be only determined later.

5. The salient terms and conditions of the Shareholders’ Agreement include, amongst others, the following:

i) The shares in OCSB shall be held in the following proportion :

Sunsuria

81.09%

CCI

14.27%

PGSB

4.64%

ii) Sunsuria, CCI and PGSB (collectively referred to as the “Shareholders”) have decided to set forth the terms of the Shareholders’ Agreement with respect to the organisation, management and operation of OCSB and further to specify the relationship between them as Shareholders of OCSB all of which are to be governed by the Shareholders’ Agreement and the Memorandum and Articles of Association of OCSB provided in the Shareholders’ Agreement.

iii) The term of the Shareholders’ Agreement shall come into full force and effect on the date of signing of the Shareholders’ Agreement and shall remain effective until terminated in accordance with the provisions of item 5 (vii) below. Upon the termination of the Shareholders’ Agreement, the Shareholders shall thereafter take the necessary action to wind-up the Company.

iv) Notwithstanding of item 5 (iii) above, if a Shareholder :

(a) shall enter into any proceeding for its dissolution, becomes insolvent, makes an assignment of a substantial part of its assets for the benefit of its creditors, or consents to the appointment of a receiver or manager;

(b) is owned or substantially controlled, through merger, conciliation, entrustment of its management, transfer of its ownership or in any other manner, by a third party whose business competes with that of the Company;

(c) if a receiver or manager is appointed by the court for the administration appointed over the whole or any part of its undertaking or assets and such administration is not discharged within a period of thirty (30) days;

(d) if any winding-up or liquidation proceedings is instituted against any Shareholder which remain unresolved within a period of thirty (30) days;

(e) shall fail to take all necessary action to remedy any breach of the Shareholders’ Agreement within sixty (60) days from the service of any written notice by the other Shareholder complaining of such breach;

(f) shall go into voluntary liquidation otherwise than for the purpose of reconstruction or amalgamation or an order of the Malaysian Court is made for its compulsory liquidation;

(g) shall enter into any composition or arrangement with its creditors;

then in such an event the other Shareholder shall without prejudice to such other rights and remedies it may have, be entitled by written notice to effect the matters as set out below.

v) In the event of a Shareholder defaulting under item 5 (iv) above, the Shareholder to whom the circumstances referred to in item 5 (iv) (a) to (g) inclusive shall be deemed to have made an offer to sell to the other all of its shares in the Company under the provision stated on the Shareholders’ Agreement shall apply mutatis mutandis.

vi) The obligations of each of the Shareholders shall continue for so long as it remains a holder of shares in the Company and shall survive notwithstanding the cessation of such person as a shareholder in the Company so long as the obligations in relation to that person is expressly or by implication intended to survive or to continue in force or come into force upon or after such cessation, and without prejudice to the due performance by such person of all its obligations up to the date of such cessation and the remedies of any of the other Shareholder in respect of a breach thereof.

vii) Where the Shareholders’ Agreement provides that any particular transaction or matter requires the consent, approval or agreement of any Shareholder such consent, approval or agreement may be given subject to such terms and conditions as that Shareholders may impose and any breach of such terms and conditions by any person subject thereto shall ipso facto be deemed to be a breach of the terms of this Agreement.

viii) The termination of the Shareholders’ Agreement however caused and the ceasing by any Shareholder to hold any shares shall be without prejudice to any obligations or rights of any of the Shareholders which has accrued prior to such termination or cessation of the Shareholder in holding the shares and shall not affect any provision of this Agreement which is expressly or by implication provided to come into effect on or to continue in effect after such termination or cessation.

6. Whether the Subscription will result in diversification in operations by Wang-Zheng Berhad pursuant to paragraph 10.13 of the Main Market Listing Requirements.

The Subscription will not result in diversification in operations by Wang-Zheng Berhad pursuant to paragraph 10.13 of the Main Market Listing Requirements.

7. To provide the basis to derive the net sales estimated at RM500 per square foot.

The basis to derive the net sales estimated at a conservative RM500 per square foot is based on management’s understanding of the market prices of similar products for serviced apartments in the area during the past year of which is from the range of RM480 to RM625 per square foot.

This announcement is made on 22 February 2013.



KKB - OTHERS (1) RECOMMENDATION OF FIRST AND FINAL DIVIDEND (2) PROPOSED RENEWAL OF AND NEW SHAREHOLDER MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“RRPT”) (“Proposed Shareholders Mandate”) (3) PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION OF THE COMPANY (“Proposed Amendments”)

Announcement Type: General Announcement
Company NameKKB ENGINEERING BERHAD  
Stock Name KKB  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoCC-130220-30909

TypeAnnouncement
SubjectOTHERS
Description(1) RECOMMENDATION OF FIRST AND FINAL DIVIDEND
(2) PROPOSED RENEWAL OF AND NEW SHAREHOLDER MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“RRPT”) (“Proposed Shareholders Mandate”)
(3) PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION OF THE COMPANY (“Proposed Amendments”)

The Board of Directors of KKB Engineering Berhad (“KKB”) wishes to announce that the Board has on 22 February 2013:

(i) recommended a first and final dividend of 5 sen per ordinary share of RM0.50 each, taxable at 25%, in respect of the financial year ended 31 December 2012, subject to approval by the shareholders at the forthcoming Thirty-Seventh Annual General Meeting.

The date of the Thirty-Seventh Annual General Meeting and the dates of the first and final dividend entitlement and payment will be announced at a later date.

(ii) proposed to seek shareholder mandate for the existing and new RRPT by way of an ordinary resolution at the forthcoming annual general meeting of KKB (“AGM”) to be convened at a later date. A Circular to Shareholders is currently being prepared for seeking shareholders' approval on the Proposed Shareholder Mandate.

The existing shareholder mandate was obtained at the AGM of KKB held on 10 May 2012. In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, this existing shareholder mandate shall lapse at the conclusion of the forthcoming AGM, unless renewal is obtained.

(iii) proposed to seek shareholders' approval on the Proposed Amendments by way of a special resolution at the forthcoming AGM.

Details of the Proposed Amendments will be distributed to the shareholders of KKB at a later date.

This announcement is dated 22 February 2013.


KKB - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameKKB ENGINEERING BERHAD  
Stock Name KKB  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoCC-130214-C773B

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
38,468
69,384
166,709
234,484
2Profit/(loss) before tax
8,157
9,669
26,917
62,400
3Profit/(loss) for the period
7,784
7,194
21,869
47,117
4Profit/(loss) attributable to ordinary equity holders of the parent
7,318
6,701
20,494
46,607
5Basic earnings/(loss) per share (Subunit)
2.84
2.60
7.95
18.08
6Proposed/Declared dividend per share (Subunit)
0.00
5.00
0.00
10.00


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 ($$)
1.0000
0.9600
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


KKB - Quarterly rpt on consolidated results for the financial period ended 31/12/2012 (Amended Announcement)

Announcement Type: Financial Results
Company NameKKB ENGINEERING BERHAD  
Stock Name KKB  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoCC-130222-89C9D

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
38,468
69,384
166,709
234,484
2Profit/(loss) before tax
8,157
9,669
26,917
62,400
3Profit/(loss) for the period
7,784
7,194
21,869
47,117
4Profit/(loss) attributable to ordinary equity holders of the parent
7,318
6,701
20,494
46,607
5Basic earnings/(loss) per share (Subunit)
2.84
2.60
7.95
18.08
6Proposed/Declared dividend per share (Subunit)
5.00
5.00
5.00
10.00


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 ($$)
1.0000
0.9600
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


INTEGRA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameINTEGRAX BERHAD  
Stock Name INTEGRA  
Date Announced22 Feb 2013  
CategoryChange in Audit Committee
Reference NoCK-130222-35737

Date of change21/02/2013
NameFazlur Rahman bin Zainuddin
Age43
NationalityMalaysian
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
QualificationsFellow of the Association of Chartered Certified Accountants (ACCA), United Kingdom  
Working experience and occupation July 2012 - present : Chief Financial Officer of Tenaga Nasional Berhad

July 2010 - June 2012 : Chief Financial Officer of NAZA Group of Companies

November 2008 - June 2010 : Vice President, Business Development of Telekom Malaysia Berhad

March 2008 - October 2008 : Vice President Finance, Business Planning & Transformation of Telekom Malaysia Berhad

September 2006 - March 2008 : Chief Financial Officer, Malaysia Business of Telekom Malaysia Berhad

August 2005 - September 2006 : Chief Financial Officer of TM Net Sdn. Bhd.

November 2001 - August 2005 : Manager, Retail Finance Malaysia & Singapore of Shell Malaysia Trading Sdn. Bhd.

June 2001 to November 2001 : Adviser, Capital & Financing Structures (Corporate Treasury) of Shell Malaysia Ltd.

February 2000 - June 2001 : Corporate Finance Adviser (Corporate Finance) of Shell Malaysia Ltd.

June 1998 - February 2000 : Management Accountant, Business Services Department of PS Pipeline Sdn. Bhd. (Joint Venture between Shell Malaysia Trading Sdn. Bhd. and Petronas Dagangan Berhad)

October 1996 - May 1998 : Management Accountant, Finance - Planning & Appraisal Department of Shell Malaysia Trading Sdn. Bhd.

May 1995 - September 1996 : Financial & Management Accountant, Finance Department of Tiram Kimia Sdn. Bhd. (an associate company to Shell Malaysia)

January 1993 - May 1995 : Tax Consultant, Tax & Business Services Department of Pricewaterhouse Tax Services Sdn. Bhd.

July 1990 - February 1992 : Trainee Certified Accountant, Helmore Helmore & Co., Chartered Accountants, London  
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil  
Any conflict of interests that he/she has with the listed issuerNil  
Details of any interest in the securities of the listed issuer or its subsidiariesNil  
Composition of Audit Committee (Name and Directorate of members after change)Chairman:
Mr. Chan Wan Siew.

Member:
Mr. Loong Foo Ching;
Ir. Abdul Manap bin Ali Hasan;
Encik Fazlur Rahman bin Zainuddin.


SAM-LA - Loan Stock Interest

Announcement Type: Entitlements (Notice of Book Closure)
Company NameSAM ENGINEERING & EQUIPMENT (M) BERHAD  
Stock Name SAM-LA  
Date Announced22 Feb 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-130220-32014

EX-date07/03/2013
Entitlement date11/03/2013
Entitlement time04:00:00 PM
Entitlement subjectLoan Stock Interest
Entitlement description1st semi-annual interest payment on the 5-Year 4% per annum (less any Malaysian income or withholding tax applicable thereto which is required to be deducted) irredeemable convertible unsecured loan stocks ("ICULS") at 100% of its nominal value of RM1.00 per ICULS
Period of interest payment25/09/2012 to 25/03/2013
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noPlantation Agencies Sdn. Bhd.
3rd Floor Standard Chartered Bank Chambers
Beach Street, 10300 Penang
Tel: 04-2625333
Payment date 25/03/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers11/03/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorPercentage
Entitlement in percentage (%)4

Remarks :
This annoucement is dated 22 February 2013.