November 22, 2013

Company announcements: JOBST, SOLUTN, PERDANA, HWGB, PLS, REX

JOBST - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameJOBSTREET CORPORATION BERHAD  
Stock Name JOBST  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoCC-131121-88B5B

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
DescriptionJOBSTREET CORPORATION BERHAD (the "Company")
- Provision of Financial Assistance by JS Vietnam Holdings Pte. Ltd. ("JS Vietnam") to JobStreet Company Limited ("JCL Vietnam")
Kindly refer to the attachment for further information.


JOBST - OTHERS JOBSTREET CORPORATION BERHAD ("JCB" or the "Company") - Acquisition of a new subsidiary, JobStreet Company Limited by JS Vietnam Holdings Pte. Ltd., a subsidiary of JobStreet.com Pte. Ltd., which in turn is the wholly-owned subsidiary of JCB

Announcement Type: General Announcement
Company NameJOBSTREET CORPORATION BERHAD  
Stock Name JOBST  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoCC-131122-6EE7A

TypeAnnouncement
SubjectOTHERS
DescriptionJOBSTREET CORPORATION BERHAD ("JCB" or the "Company")
- Acquisition of a new subsidiary, JobStreet Company Limited by JS Vietnam Holdings Pte. Ltd., a subsidiary of JobStreet.com Pte. Ltd., which in turn is the wholly-owned subsidiary of JCB
Kindly refer to the attachment for further information.


SOLUTN - OTHERS ACQUISITION OF REMAINING STAKE IN SOLUTION BIOGEN SDN BHD (COMPANY NO: 749526-M)

Announcement Type: General Announcement
Company NameSOLUTION ENGINEERING HOLDINGS BERHAD (ACE Market) 
Stock Name SOLUTN  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoSE-131122-BC108

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF REMAINING STAKE IN SOLUTION BIOGEN SDN BHD (COMPANY NO: 749526-M)

ACQUISITION OF REMAINING STAKE IN SOLUTION BIOGEN SDN BHD (COMPANY NO: 749526-M)

1. INTRODUCTION

Solution Engineering Holdings Berhad (Company No:654575-P) ("SEHB or the Company") wishes to announce that the Company has acquired the remaining equity interest of Twenty-Two and a Half percent (22.5%), representing Four Hundred and Fifty Thousand (450,000) ordinary shares of RM1.00 each fully paid-up in Solution Biogen Sdn Bhd (“BIOGEN”) from Mr. Pu Meng Jin for a cash consideration of Ringgit Malaysia One million and two hundred thousand (RM1,200,000) and Mr Kow Chee Kiang for a cash consideration of Ringgit Malaysia six hundred thousand (RM600,000), arrived at on a willing buyer willing seller basis after taking into consideration the existing and potential orders that the company had and / or may secured. With the abovesaid acquisitions, BIOGEN is now a wholly-owned subsidiary of SEHB.

2. INFORMATION ON BIOGEN

BIOGEN was incorporated in Malaysia on 5 October 2006 and its principal activities are designing, developing, producing and trading of pilot plant for biolubricant projects and industrial lubricants.

The issued and paid-up capital of BIOGEN is Ringgit Malaysia Two million (RM2,000,000) divided into Two million (2,000,000) ordinary shares of RM1.00 each fully paid up.

3. FINANCIAL EFFECTS

The acquisition of BIOGEN is not expected to have a material effect on the net assets per share, earnings per share, and gearing of SEHB for the financial year ending (“FYE”) 31 December 2013.

There is no impact on the issued and paid-up share capital and substantial shareholders’ shareholdings in the Company for the year ending 31 December 2013 as the acquisition is a cash transaction, funded by internally generated funds and that there are no liabilities including contingent liabilities and guarantees to be assumed by the Company arising from the above acquisition.


4. DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS’ INTEREST

Mr Lim Yong Hew, Mr Pu Meng Jin and Ms Lim Chiou Kim are the directors of BIOGEN. Mr Lim Yong Hew and Miss Lim Chiou Kim are also Directors of SEHB while Mr Lim Yong Hew is also a substantial shareholder of SEHB

None of the other Directors, substantial shareholders of SEHB and persons connected with them, has any direct or indirect interest in the above acquisition.

5. PERCENTAGE RATIO OF THE ACQUISITION

The percentage ratio of the Acquisition is 7.26%


6. RATIONALE FOR THE ACQUISITION

The rationale for the acquisition is for potential future profit contribution to SEHB by BIOGEN.

The Board has considered the rationale for the acquisition and is of the view that the above acquisition is in the best interest of SEHB.

7. EFFECTS OF THE ACQUISITION

7.1 Share capital and substantial shareholders’ shareholdings

The acquisition will not have any effect on the share capital and substantial shareholders’ shareholdings of the Company.

7.2 Net Asset (“NA”) and gearing

For illustrative purposes only, based on the unaudited consolidated statement of financial position of SEHB as at 30 September 2013 and on the assumption that the acquisition had been effected on that date,

Unaudited as at

30 September 2013 After acquisition

RM’000 RM’000

Share Capital 18,556 18,556

Reserves 3,296 3,251

Merger Reserves 2,403 2,403

Shareholders’ funds/NA 24,255 24,210

=========== ===========

No. of ordinary shares of

RM0.10 each in SEHB

(“SEHB shares”) in issue (‘000) 185,556 185,556

NA per SEHB Share (RM) 0.1337 0.1312

Total borrowings (RM’000) 1,299 1,299

Gearing (times) 5% 5%

7.3 Earnings and earnings per share (“EPS”)

The acquisition will not have any material effect on the earnings and EPS of the SEHB Group for the FYE 31 December 2013 as the acquisition is completed in the fourth quarter of 2013.



PERDANA - OTHERS Perdana Petroleum Berhad (“PPB” or the “Company”) - Termination of Bareboat Charter and Purchase of Vessels

Announcement Type: General Announcement
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoCA-131122-91D20

TypeAnnouncement
SubjectOTHERS
DescriptionPerdana Petroleum Berhad (“PPB” or the “Company”)
- Termination of Bareboat Charter and Purchase of Vessels

Perdana Petroleum Berhad (“PPB” or the “Company”)

- Termination of Bareboat Charter and Option arrangement on the Vessels

The Board of Directors of PPB wishes to announce that Perdana Mercury Ltd (“PML”), a wholly-owned subsidiary of PPB, has on 21 November 2013, mutually agreed to terminate the bareboat charter arrangement with Mount Bintang LLC (“Mount Bintang”) and Mount Bubu LLC (“Mount Bubu”) on three vessels, i.e. “Perdana Liberty”, “Perdana Frontier” and “Perdana Horizon” (“the Vessel”) (“the Termination”).

On the same date, Perdana Pluto Ltd (“PPL”), a wholly-owned subsidiary of PPB, had entered into Memorandum of Agreements with Mount Bintang and Mount Bubu to purchase the Vessels for approximately RM50.0 million.(“the Purchase”)

Rationale
The Termination and the Purchase will result in the recognition of the Vessels as assets of the PPB Group and hence converting the Vessels that are foreign flag to Malaysian flag.

Source of Funding

The purchase the Vessels would be funded by internally generated funds and bank borrowings. The PPB Group has secured re-financing facilities of approximately USD34.0 million to part finance the purchase of the Vessels.


Financial Effects

The Termination and the Purchase does not have any effect on the issued and paid-up share capital of PPB or the shareholdings of PPB’s substantial shareholders and the net assets per share. It will result in savings in terms of lease rental expense against interest cost and depreciation of about RM10.0 million per annum. The gearing ratio will increase from 0.7 times to 0.9 times.

Directors' and Major Shareholders' Interest

None of the Directors, major shareholders of PPB and/or persons connected with them has any interest, direct or indirect, in the Sale and Leaseback.

Approval Required

The Termination and the Purchase does not require PPB’s shareholders’ approval.


Directors' Recommendation

The Board of Directors of the Company is of the opinion that the Termination and the Purchase is in the best interest of PPB Group.

This announcement is dated 22 November 2013.



PERDANA - OTHERS (Amended Announcement)

Announcement Type: General Announcement
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoCA-131122-D9297

TypeAnnouncement
SubjectOTHERS
DescriptionPerdana Petroleum Berhad (“PPB” or the “Company”)
- Termination of Bareboat Charter and Purchase of Vessels (Correction to Purchase Consideration

With reference to the announcement made earlier, the Board of Directors of PPB wishes to correct the information of the purchase consideration of the Vessels which should read as approximately USD50.0 million instead of RM50.0 million.



HWGB - OTHERS APPLICATION TO DE-REGISTER DORMANT SUBSIDIARIES: 1) HWG MANAGEMENT SERVICES SDN BHD (401597-T) 2) HWG COOPER MINING SDN BHD (747514-D)

Announcement Type: General Announcement
Company NameHO WAH GENTING BERHAD  
Stock Name HWGB  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoHW-131114-35111

TypeAnnouncement
SubjectOTHERS
DescriptionAPPLICATION TO DE-REGISTER DORMANT SUBSIDIARIES:
1) HWG MANAGEMENT SERVICES SDN BHD (401597-T)
2) HWG COOPER MINING SDN BHD (747514-D)

The Company wishes to announce that the Board of Directors of the Company had approved and will make application to Companies Commission of Malaysia to de-register the following dormant subsidiaries from the Register of Company pursuant to Section 308 of the Companies Act, 1965:

1) HWG Management Services Sdn Bhd (401597-T) - Subsidiary
2) HWG Cooper Mining Sdn Bhd (747514-D) - Sub-subsidiary

The above subsidiaries have been dormant and the Board has no future plan for these subsidiaries. The de-registration would reduce the administrative resources and costs incurred for maintaining the subsidiaries. Therefore, the Board of Directors is of the opinion that the above de-registration is in the best interest of the Company.

This announcement is dated 22 November 2013.



PLS - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company NamePLS PLANTATIONS BERHAD  
Stock Name PLS  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoPP-131115-37378

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionCrop and Log Productions for Oct 2013


Fresh Fruit Bunches (m/t)Logs Production (m/t)
PLS Plantations Berhad2,333.583,547.20


REX - Changes in Sub. S-hldr's Int. (29B) - Lee Chai Seng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREX INDUSTRY BERHAD  
Stock Name REX  
Date Announced22 Nov 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoRI-131122-54143

Particulars of substantial Securities Holder

NameLee Chai Seng
AddressNo 6, Solok Molek, Taman Molek,
13000 Butterworth, Penang.
NRIC/Passport No/Company No.430901025193
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderNo 6, Solok Molek, Taman Molek,
13000 Butterworth, Penang.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired14/11/2013
63,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)8,793,124 
Direct (%)15.69 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change8,856,124
Date of notice22/11/2013


Company announcements: CIMBA40, CIMBC25, IOICORP, MEGB, TITIJYA, ATLAN, KOSSAN

CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoOB-131122-67006

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 22-Nov-2013
NAV per unit (RM): 1.6706
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,666.09

Attachments

Asean40.pdf
10 KB



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoOB-131122-66958

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 22-Nov-2013
NAV per unit (RM): 1.0318
Units in circulation (units): 36,400,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 17,403.26

Attachments

China25.pdf
25 KB



IOICORP - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameIOI CORPORATION BERHAD  
Stock Name IOICORP  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoMI-131122-64124

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionIOI CORPORATION BERHAD ("IOI CORP")

UNCONDITIONAL TAKE-OVER OFFER BY IOI PLANTATION SDN BHD ("IOI PLANTATION" OR THE “OFFEROR”), A WHOLLY-OWNED SUBSIDIARY OF IOI CORP, TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.25 EACH IN UNICO-DESA PLANTATIONS BERHAD ("UNICO") ("UNICO SHARES") NOT ALREADY HELD BY THE OFFEROR (“OFFER SHARES”) AT A CASH OFFER PRICE OF RM1.17 PER OFFER SHARE ("OFFER")

We refer to the previous announcements made in relation to the Offer. 

On behalf of IOI Plantation, RHB Investment Bank Berhad wishes to announce that, the closing date of the Offer has been extended from 5.00 p.m. (Malaysian time) on Monday, 25 November 2013 to 5.00 p.m. (Malaysian time) on Monday, 16 December 2013, being the final closing date of the Offer ("Final Closing Date"). Accordingly, a written notification on the extension of the Offer by IOI Plantation will be despatched to the holders of Unico. 

Save for the Final Closing Date, all other details, terms and conditions of the Offer remains unchanged. 

AS ANNOUNCED ON 21 NOVEMBER 2013, BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) WILL SUSPEND THE TRADING OF UNICO SHARES WITH EFFECT FROM 9.00 A.M ON FRIDAY, 29 NOVEMBER 2013. IOI Plantation will procure Unico to file an application with Bursa Securities to withdraw Unico's listing from the Official List of Bursa Securities. 

Once Unico is delisted, the holders of Unico who have not accepted the Offer will hold unlisted Unico Shares and accordingly, will not be able to realise their investments in Unico Shares through trading on Bursa Securities. 

As at 22 November 2013, IOI Plantation had received valid acceptances for 423,638,361 (49.43%) Offer Shares from the holders of the Offer Shares, which resulted in IOI Plantation holding 91.08% of the voting shares of Unico (including those Unico Shares which were already acquired or held by IOI Plantation). The detailed disclosure of the level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on 22 November 2013 is set out in the attached press notice ("Press Notice"). 

Please refer to the attached Press Notice for further details. 

This announcement is dated 22 November 2013.

 

Attachments

Press Notice (22 Nov 2013).pdf
212 KB



MEGB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMASTERSKILL EDUCATION GROUP BERHAD  
Stock Name MEGB  
Date Announced22 Nov 2013  
CategoryChange in Boardroom
Reference NoCM-131115-57955

Date of change22/11/2013
NameRichard Todd Scanlon
Age44
NationalityAmerican
DesignationDirector
DirectorateNon Independent & Non Executive
Type of changeResignation
ReasonMr. Richard Todd Scanlon’s position will be taken over by Mr. Lim Yong Chye Lawrence who was his Alternate Director before.
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 


MEGB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMASTERSKILL EDUCATION GROUP BERHAD  
Stock Name MEGB  
Date Announced22 Nov 2013  
CategoryChange in Boardroom
Reference NoCM-131120-54313

Date of change22/11/2013
NameLim Yong Chye Lawrence
Age44
NationalitySingaporean
DesignationAlternate Director
DirectorateNon Independent & Non Executive
Type of changeCessation of Office
ReasonMr. Lim Yong Chye Lawrence ceased as Alternate Director to Mr. Richard Todd Scanlon, with effect from the date of the resignation of Mr. Richard Todd Scanlon as a Non-Independent Non-Executive Director of Masterskill Education Group Berhad.
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 


MEGB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMASTERSKILL EDUCATION GROUP BERHAD  
Stock Name MEGB  
Date Announced22 Nov 2013  
CategoryChange in Boardroom
Reference NoCM-131120-55168

Date of change22/11/2013
NameLim Yong Chye Lawrence
Age44
NationalitySingaporean
Type of changeAppointment
DesignationDirector
DirectorateNon Independent & Non Executive
Qualifications1. Certified accountant and fellow member of the Association of Chartered Certified Accountant (United Kingdom)
2. Chartered Accountant with the Institute of Singapore Chartered Accountants
3. Chartered Financial Analyst (United States) - CFA  
Working experience and occupation Mr. Lim Yong Chye Lawrence has eighteen years of experience in private equity, corporate finance and audit at PricewaterhouseCoopers, DBS Bank Ltd and Mizuho Financial Group. He joined Crescent Point Group as Chief Financial Officer in 2006.  
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 


MEGB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMASTERSKILL EDUCATION GROUP BERHAD  
Stock Name MEGB  
Date Announced22 Nov 2013  
CategoryChange in Boardroom
Reference NoCM-131120-59213

Date of change22/11/2013
NameRichard Todd Scanlon
Age44
NationalityAmerican
Type of changeAppointment
DesignationAlternate Director
DirectorateNon Independent & Non Executive
Qualifications1. Bachelor of Arts (cum laude) with a major in Art (Architectural Emphasis) and a minor in Physics and Structural Engineering, Middlebury College, Vermont, USA 
Working experience and occupation Mr. Richard Todd Scanlon was a founding and co-managing partner of Crescent Point Group. He is a director and shareholder of various Crescent Point Group companies and their portfolio investments.

Prior to co-founding Crescent Point Group in 2003, he worked in the investment banking divisions of Credit Suisse First Boston in New York and Singapore and Morgan Stanley in Singapore where he was involved in all functions associated with corporate finance, financial and strategic advisory and financial product origination.  
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 subsidiariesIndirect interest:-
1. 8,885,795 Ordinary Shares of RM0.20 each via Cimsec Nominees (Asing) Sdn. Bhd. - Asia Healthcare Holdings I, Ltd 


TITIJYA - Quarterly rpt on consolidated results for the financial period ended 30/9/2013

Announcement Type: Financial Results
Company NameTITIJAYA LAND BERHAD  
Stock Name TITIJYA  
Date Announced22 Nov 2013  
CategoryFinancial Results
Reference NoCC-131122-9396C

Financial Year End30/06/2014
Quarter1
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2013
30/09/2012
30/09/2013
30/09/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
66,730
0
66,730
0
2Profit/(loss) before tax
24,086
0
24,086
0
3Profit/(loss) for the period
17,216
0
17,216
0
4Profit/(loss) attributable to ordinary equity holders of the parent
17,216
0
17,216
0
5Basic earnings/(loss) per share (Subunit)
6.67
0.00
6.67
0.00
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8500
0.7800

Remarks :
(i) This Financial Results for the first quarter ended 30 September 2013 is annouced pursuant to the Main Market Listing Requirements which requires the Company to announce the latest quarterly results at least two (2) market days before the date of listing, which is scheduled on 27 November 2013.

(ii) No comparative figures for the preceding year corresponding quarter/period are available as these are the first interim financial results on consolidated basis for the first quarter ended 30 September 2013 being annouced by the Company in compliance with the Main Market Listing Requirements.
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


ATLAN - OTHERS ATLAN HOLDINGS BHD ("AHB" or "the Company") - PROPOSED INTERNAL RESTRUCTURING EXERCISE OF DUTY FREE INTERNATIONAL LIMITED ("DFIL") (A) THE INTERNAL REORGANISATION EXERCISE (AS DEFINED BELOW); (B) THE DISPOSAL OF CERTAIN EQUITY INTEREST IN DFIL GROUP’S BORDER TOWN AND AIRPORT BUSINESSES AND DOWN TOWN BUSINESSES; AND (C) THE ISSUANCE OF CONVERTIBLE REDEEMABLE PREFERENCE SHARES BY CERTAIN SUBSIDIARIES OF DFIL GROUP.

Announcement Type: General Announcement
Company NameATLAN HOLDINGS BERHAD  
Stock Name ATLAN  
Date Announced22 Nov 2013  
CategoryGeneral Announcement
Reference NoCS-131122-B2529

TypeAnnouncement
SubjectOTHERS
DescriptionATLAN HOLDINGS BHD ("AHB" or "the Company")
- PROPOSED INTERNAL RESTRUCTURING EXERCISE OF DUTY FREE INTERNATIONAL LIMITED ("DFIL")
(A) THE INTERNAL REORGANISATION EXERCISE (AS DEFINED BELOW);
(B) THE DISPOSAL OF CERTAIN EQUITY INTEREST IN DFIL GROUP’S BORDER TOWN AND AIRPORT BUSINESSES AND DOWN TOWN BUSINESSES; AND
(C) THE ISSUANCE OF CONVERTIBLE REDEEMABLE PREFERENCE SHARES BY CERTAIN SUBSIDIARIES OF DFIL GROUP.
The Board of Directors of AHB wishes to announce that the Company’s subsidiary and also a company listed on the Singapore Exchange Securities Trading Limited, Duty Free International Limited (“DFIL”) and its subsidiary companies (“DFIL Group”), intends to undergo the following Internal Restructuring Exercise :-
a) DFIL Group intends to undergo an internal reorganisation exercise to restructure its indirect subsidiary, Orchard Boulevard Sdn Bhd (“OBSB”) into a direct subsidiary of DFIL, and to streamline the shareholdings of the various companies within the DFIL Group for more efficient administration;

b) DFIL Group also intends to dispose of about 30% equity interest in its border town and airport businesses (the “Border Town-Airport Business Disposal”) and approximately 70% equity interest in its down town businesses (the “Down Town Business Disposal”) through a disposal of the Border Town-Airport Sale Shares and the Down Town Sale Shares to an unrelated third party, Rebana Kristal Sdn Bhd (the “Purchaser”) (the “Disposals”); and

c) contemporaneous with the Disposals, the current intermediate holding company of the down town, border town and airport businesses, DFZ Capital Berhad (“DFZ”, a wholly-owned subsidiary of DFIL) has on 22 November 2013 subscribed for 10,000 convertible redeemable preference shares (“CRPS”) each in the down town, border town and airport companies, namely Seruntun Maju Sdn Bhd (“SMSB”), Emas Kerajang Sdn Bhd (“EKSB”), DFZ Emporium Sdn Bhd (“DFZE”), Wealthouse Sdn Bhd (“WSB”) and DFZ (M) Sdn Bhd (“DFZM”) (the “CRPS Issue”).

A copy of DFIL’s announcement dated 22 November 2013 to the Singapore Exchange Securities Trading Limited in respect of the above proposal is attached herein for reference.

This announcement dated 22 November 2013.



KOSSAN - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN  
Date Announced22 Nov 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoKR-131122-66895

EX-date06/12/2013
Entitlement date10/12/2013
Entitlement time04:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionTAX EXEMPT INTERIM DIVIDEND OF 3.5 SEN PER ORDINARY SHARE OF RM0.50 EACH FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2013
Period of interest payment to
Financial Year End31/12/2013
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 noSYMPHONY SHARES REGISTRAR SDN BHD
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Payment date 20/12/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers10/12/2013 
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 Currency0.035