December 31, 2014

Company announcements: ETITECH

ETITECH - Quarterly rpt on consolidated results for the financial period ended 31/10/2014

Announcement Type: Financial Results
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced31 Dec 2014  
CategoryFinancial Results
Reference NoCC-141229-32277

Financial Year End31/07/2015
Quarter1
Quarterly report for the financial period ended31/10/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/10/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/10/2014
31/10/2013
31/10/2014
31/10/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
550
697
550
697
2Profit/(loss) before tax
-2,768
-2,213
-2,768
-2,213
3Profit/(loss) for the period
-2,768
-2,213
-2,768
-2,213
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,768
-2,213
-2,768
-2,213
5Basic earnings/(loss) per share (Subunit)
-0.36
-0.31
-0.36
-0.31
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 ($$)
0.0600
0.0600
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


Company announcements: MYETFID, OCTAGON, TNLOGIS, JIANKUN, RCECAP, PARAGON, WCT, BRIGHT

MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141231-F41E1

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: MYETFID
NAV per unit (RM): 0.9933
Units in circulation (units): 21,600,000.00
Manager's Fee (p.a.): 0.40
Trustee's Fee (% p.a.): 0.045
Index License Fee (% p.a.): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,267.53



OCTAGON - Quarterly rpt on consolidated results for the financial period ended 31/10/2014

Announcement Type: Financial Results
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced31 Dec 2014  
CategoryFinancial Results
Reference NoOC-141230-35077

Financial Year End31/10/2014
Quarter4
Quarterly report for the financial period ended31/10/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/10/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/10/2014
31/10/2013
31/10/2014
31/10/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
9,236
8,964
36,548
37,830
2Profit/(loss) before tax
-2,299
-190,407
-22,724
-209,269
3Profit/(loss) for the period
-2,386
-190,449
-23,109
-209,724
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,679
-155,869
-19,725
-166,867
5Basic earnings/(loss) per share (Subunit)
-1.01
-93.45
-11.83
-100.05
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 ($$)
-1.0700
-0.9800
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


TNLOGIS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameTIONG NAM LOGISTICS HOLDINGS BERHAD  
Stock Name TNLOGIS  
Date Announced31 Dec 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoTN-141231-62204

Date of buy back31/12/2014
Description of shares purchasedOrdinary Shares of RM0.20 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)13,100
Minimum price paid for each share purchased ($$)1.090
Maximum price paid for each share purchased ($$)1.100
Total consideration paid ($$)
Number of shares purchased retained in treasury (units)13,100
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)2,551,500
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 (%)0.61


JIANKUN - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameJIANKUN INTERNATIONAL BERHAD  
Stock Name JIANKUN  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoCC-141231-ADFEE

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionJIANKUN INTERNATIONAL BERHAD (FORMERLY KNOWN AS NAGAMAS INTERNATIONAL BERHAD)("JIB" or "the Company")
- PROPOSED DISPOSAL OF 4,000,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF NAGAMAS LAND DEVELOPMENT SDN BHD (“NLD”) (“SALE SHARES”), RERPESENTING 100% EQUITY INTEREST IN NLD BY THE COMPANY (“PROPOSED DISPOSAL”)

The Board of Directors of Jiankun International Berhad (Formerly known as Nagamas International Berhad) (“JIB” or “the Company” or “the Vendor”) is pleased to announce that the Company had on 31 December 2014 entered into a Shares Sale Agreement (“SSA”) with Rex Angle Sdn Bhd (Company No. 929173-X) (“RASB” or “the Purchaser”) to dispose off 4,000,000 ordinary shares of RM1.00 each in the capital of Nagamas Land Development Sdn. Bhd.  (“NLD”) (“Sale Shares”) to the Purchaser, for a total purchase consideration of RM3,300,000.00 (“Purchase Consideration”) (“Proposed Disposal”).

The details of the Proposed Disposal are set out in the attachment herein.

This announcement is dated 31 December 2014.

 

 



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 Announced31 Dec 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-141231-62226

Date of buy back31/12/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)120,000
Minimum price paid for each share purchased ($$)0.305
Maximum price paid for each share purchased ($$)0.305
Total consideration paid ($$)36,867.58
Number of shares purchased retained in treasury (units)120,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)49,186,200
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 (%)3.69


PARAGON - Change in Boardroom

Announcement Type: Change in Boardroom
Company NamePARAGON UNION BERHAD  
Stock Name PARAGON  
Date Announced31 Dec 2014  
CategoryChange in Boardroom
Reference NoCC-141229-39125

Date of change31/12/2014
NameToh Hong Wooi
Age54
NationalityMalaysian
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
Type of changeVacation of Office
ReasonMr. Toh Hong Wooi has been absent from more than 50% of the total Board Meetings held in the financial year 2014 and his office as Non-Independent Non-Executive Director will, therefore, be vacated by the end of the financial year 2014, i.e. 31 December 2014, pursuant to Paragraph 15.05(3)(c) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Details of any disagreement that he/she has with the Board of DirectorsMr. Toh Hong Wooi disagreed with the Board of Directors as his contract of service was not renewed.
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsNot Applicable 
Working experience and occupation Not Applicable 
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 


WCT - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (DiPerbadankan)

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 Announced31 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-141231-263B9

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (DiPerbadankan)
AddressAras 4,5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (DiPerbadankan) (69,542,275 Shares)
Fund Managers (5,841,045 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/12/2014
357,100
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)75,383,320 
Direct (%)
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change75,383,320
Date of notice31/12/2014

Remarks :
Form 29B dated 31 December 2014 was received on 31 December 2014.


BRIGHT - Changes in Sub. S-hldr's Int. (29B) - Teh Sew Wan

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced31 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141231-51181

Particulars of substantial Securities Holder

NameTeh Sew Wan
AddressNo. 5, Jalan Enak 2, Taman Gembira, 58200 Kuala Lumpur
NRIC/Passport No/Company No.500127-10-5696
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderWong SK Holdings Sdn Bhd
No. 35-1, Jalan Bandar 16, Pusat Bandar Puchong, 47100 Puchong, Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired29/12/2014
2,300,000
 

Circumstances by reason of which change has occurredPurchase in Open Market
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)47,102,877 
Indirect/deemed interest (%)32.98 
Total no of securities after change47,102,877
Date of notice29/12/2014

Remarks :
1. Deemed interest by virtue of her shareholdings in Wong SK Holdings Sdn Bhd pursuant to Section 6A of the Companies Act, 1965

2. The Form 29B was received by the Company on 31 December 2014


Company announcements: MYETFDJ, CHINTEK, AIRPORT, CNI, SCABLE, SASBADI, KIMHIN, PARKSON, UCHITEC

MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141231-D94D5

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: MYETFDJ
NAV per unit (RM): 1.1504
Units in circulation (units): 251,900,000.00
Manager's Fee (p.a.): 0.40
Trustee's Fee (% p.a.): 0.05
Index License Fee (% p.a.): 0.04
DJIM25 Index : 1,005.75



CHINTEK - First Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameCHIN TECK PLANTATIONS BERHAD  
Stock Name CHINTEK  
Date Announced31 Dec 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoCT-141231-DBDD4

EX-date14/01/2015
Entitlement date16/01/2015
Entitlement time05:00:00 PM
Entitlement subjectFirst Interim Dividend
Entitlement descriptionFirst interim single tier dividend of 8% for the financial year ending 31 August 2015
Period of interest payment to
Financial Year End31/08/2015
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 noSin Thye Management Sdn Bhd
Suite 2B-3A-2, Block 2B Level 3A, Plaza Sentral,
Jalan Stesen Sentral 5, Kuala Lumpur Sentral,
50470 Kuala Lumpur, Malaysia.
Telephone No.: +603 2261 4633
Payment date 30/01/2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers16/01/2015 
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 (%)8


AIRPORT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameMALAYSIA AIRPORTS HOLDINGS BERHAD  
Stock Name AIRPORT  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoMM-141231-55227

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionMALAYSIA AIRPORTS HOLDINGS BERHAD (“MAHB” OR “COMPANY”)

(I) PROPOSED ACQUISITION OF 40% COLLECTIVE EQUITY STAKE IN İSTANBUL SABİHA G K EN ULUSLARARASI HAVALİMANI YATIRIM YAPIM VE İŞLETME A.Ş. (“ISG”) FROM LİMAK İNŞAAT VE SAN. TİC. A.Ş. (“LIMAK”) AND LİMAK YATIRIM ENERJİ RETİM İŞLETME HİZMETLERİ VE İNŞAAT A.Ş. (“LIMAK YATIRIM”); AND

(II) PROPOSED ACQUISITION OF 40% COLLECTIVE EQUITY STAKE IN LGM HAVALİMANI İŞLETMELERİ TİCARET VE TURİZM A.Ş. (“LGM”) FROM LIMAK AND LIMAK YATIRIM;

((I) AND (II) ARE COLLECTIVELY REFERRED TO AS "PROPOSED ACQUISITIONS")

We refer to the announcements dated 23 September 2014, 2 October 2014, 23 October 2014, 7 November 2014, 11 November 2014 and 22 December 2014 in relation to the Proposed Acquisitions (“Announcements”). All abbreviations used herein shall have the same meanings as those used in the Announcements unless stated otherwise.

On behalf of the Board of Directors (“Board”) of MAHB, CIMB Investment Bank Berhad and Maybank Investment Bank Berhad wish to announce that the Board of MAHB has accepted the condition in the approval by the Undersecretariat for Defence Industries of Turkey (“Undersecretariat”). As announced on 22 December 2014, the Undersecretariat’s approval for the transfer of the Acquisition Shares from the Sellers to MACities under the SPA is subject to the appointment of a member determined by the Undersecretariat to the Board of ISG during the term of the Implementation Agreement.  

Accordingly, all the conditions precedent pertaining to the Proposed Acquisitions have been fulfilled or waived (other than those to be fulfilled on the closing date) and the Parties have agreed that the SPA has become unconditional.  The Purchaser and the Sellers are therefore proceeding to close the Proposed Acquisitions in accordance with the relevant provisions of the SPA, with an effective date of 31 December 2014. 

This announcement is dated 31 December 2014.

 


CNI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameCNI HOLDINGS BERHAD  
Stock Name CNI  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoCH-141231-67181

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionCNI HOLDINGS BERHAD (181758-A) (“CNI” OR THE “COMPANY”)
SALE AND PURCHASE AGREEMENT BETWEEN CNI ENTERPRISE (M) SDN BHD (161139-M) AND SEPANG GOLDCOAST SDN BHD (483004-P)

The Board of Directors of CNI wishes to announce that CNI Enterprise (M) Sdn Bhd (“CNIE”), a wholly-owned subsidiary of the Company, had on 31 December 2014 entered into a Sale and Purchase Agreement (“the Agreement”) with Sepang Goldcoast Sdn Bhd (“the Purchaser”) for the disposal all that piece and parcel of property identified as Parcel No. 1B-158 (Type: Canary Palm) measuring approximately 75.9 square metres within Storey No. Level 1 of Building No. L18, The Golden Palm Tree Water Villas, together with the fixtures and fittings therein (“the Property”) on an “as is where is” basis for a consideration of Ringgit Malaysia Eight Hundred Thirty Three Thousand Four Hundred (RM833,400.00) Only (“the Disposal Consideration”) (“the Disposal”).

Further details of the Disposal are set out in the attachment herein.


This announcement is dated 31 December 2014.

Attachments

Disposal of Property.pdf
42 KB



SCABLE - Notice of Interest Sub. S-hldr (29A) - Tan Sri Dato' Seri H'ng Bok San @ H'ng Ah Ba

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameSARAWAK CABLE BERHAD  
Stock Name SCABLE  
Date Announced31 Dec 2014  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoSC-141231-61284

Particulars of Substantial Securities Holder

NameTan Sri Dato' Seri H'ng Bok San @ H'ng Ah Ba
Address15, Jalan Tunku Abdul Rahman, 10350 Georgetown, Penang, Malaysia.
NRIC/Passport No/Company No.391115-07-5303
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder15, Jalan Tunku Abdul Rahman, 10350 Georgetown, Penang, Malaysia.

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired30/12/2014
No of securities37,600,000
Circumstances by reason of which Securities Holder has interestDeemed interest via Section 6A(4)(c) of the Companies Act, 1965 (37,600,000 shares) and deemed interest via Section 134(12)(C) of the Companies Act, 1965
Nature of interestIndirect interest
Price Transacted ($$)1.332

Total no of securities after change

Direct (units)237,240 
Direct (%)0.08 
Indirect/deemed interest (units)37,750,000 
Indirect/deemed interest (%)11.91 
Date of notice31/12/2014


SASBADI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameSASBADI HOLDINGS BERHAD  
Stock Name SASBADI  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoCC-141217-65831

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description(I) SALE AGREEMENT AND ASSIGNMENT OF INTELLECTUAL PROPERTY RIGHTS ("AGREEMENT") BETWEEN PENERBITAN MULTIMEDIA SDN BHD AND SASBADI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SASBADI HOLDINGS BERHAD ("PROPOSED ACQUISITION")
(II)REVISION TO THE UTILISATION OF INITIAL PUBLIC OFFERING PROCEEDS

Reference is made to the announcement dated 29 October 2014 in relation to the Proposed Acquisition.

The Board of Directors of Sasbadi Holdings Berhad is pleased to announce that, upon fulfillment of the terms and conditions under the Agreement, the Proposed Acquisition has been completed today.

This announcement is dated 31 December 2014.



KIMHIN - OTHERS ACQUISITION OF THE REMAINING 65.65% EQUITY INTEREST IN MIYAMA CERAMICS SDN BHD ("MIYAMA") COMPRISING 3,685,001 ORDINARY SHARES OF RM1.00 EACH IN MIYAMA BY KIM HIN INDUSTRY BERHAD

Announcement Type: General Announcement
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoKH-141231-65426

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF THE REMAINING 65.65% EQUITY INTEREST IN MIYAMA CERAMICS SDN BHD ("MIYAMA") COMPRISING 3,685,001 ORDINARY SHARES OF RM1.00 EACH IN MIYAMA BY KIM HIN INDUSTRY BERHAD

INTRODUCTION


The Board of Directors of Kim Hin Industry Berhad ("Kim Hin" or "the Company") wishes to announce that the Company has on 31 December 2014 acquired 3,685,001 ordinary shares of RM1.00 each in Miyama from the following vendors:

Name of vendorNo. of ordinary sharesConsideration
Maebata China Corporation1,842,500RM25,000.00
Miyama Co. Ltd 1,842,500RM25,000.00
Chua Seng Guan1RM1.00

Prior to the acquisition, Kim Hin held 34.35% of the total issued and paid-up capital of Miyama.

INFORMATION ON MIYAMA

Miyama was incorporated in Malaysia on 16 July 1990 under the Companies Act, 1965.

The authorised share capital of Miyama is RM7,000,000.00 divided into 7,000,000 ordinary shares of RM1.00 each.

The principal activity of Miyama is manufacture and sale ceramic products. Miyama has ceased its operations since 1999.

BASIS AND JUSTIFICATION IN ARRIVING AT THE CONSIDERATION

The purchase consideration was arrived at willing seller willing buyer and based on Mutual and Settlement Agreement that it shall be a global settlement of all liabilities. Maebata China Corporation and Miyama Co. Ltd also agreed to waive all debts owing by Miyama to them.

The consideration is funded by the Company's internally generated funds.

RATIONALE FOR THE ACQUISITION

The acquisition is to facilitate the eventual voluntarily winding up of Miyama which has ceased operation and inactive since 1999.

FINANCIAL EFFECTS OF THE ACQUISITION

The acquisition is not expected to have any material impact on the earnings of the Company for the financial year ending 31 December 2014.

The acquisition is not expected to have any significant effect on the net assets of Kim Hin Group fir the financial year ending 31 December 2014.

RISK FACTORS

The Board of Directors does not foresee any material risks pursuant to the acquisition.

LIABILITIES TO BE ASSUMED

Kim Hin will not assume any additional liability, pursuant to the acquisition.

PERCENTAGE RATIOS UNDER PARAGRAPH 10.02(g) OF BURSA MALAYSIA SECURITIES BERHAD'S MAIN MARKET LISTING REQUIREMENTS

Based on Kim Hin's audited financial statements for the financial year ended 31 December 2013, the highest percentage ratios under paragraph 10.02(g) of the Main Market Listing Requirements applicable to the acquisition is 0.26%.

APPROVAL REQUIRED

The acquisition is not subject to approval of any government authorities or the shareholders of the Company.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

None of the directors and major shareholders of Kim Hin or persons connected with them have any interest, direct or indirect, in the acquisition.


This announcement is dated 31 December 2014.


PARKSON - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoPH-141231-62334

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPARKSON HOLDINGS BERHAD (“PARKSON HOLDINGS” or the “COMPANY”)
- Proposed Disposal of KL Festival City Mall

We refer to the announcement made by the Company on 19 August 2014 in relation to the Proposed Disposal of KL Festival City Mall (“Announcement”). Terms used in this announcement shall, unless the context otherwise requires, have the same meaning as defined in the Announcement.

The Board of Directors of Parkson Holdings wishes to announce that all the Conditions Precedent for the Proposed Disposal have been fulfilled on 31 December 2014 and accordingly, the SPA has become unconditional on 31 December 2014 (the “Unconditional Date”) for completion purposes in accordance with the terms and conditions contained therein.

The terms and conditions of the SPA further provide that the Disposal Consideration shall be paid as follows:

1. the Completion Payment of RM342,020,000 by the Purchaser to the Vendor,

1.1 within one (1) month from the Unconditional Date (“Completion Period”), or

1.2 within the automatic extension of one (1) month from the expiry of the Completion Period (“Extended Completion Period”) in the event the Completion Payment or any part thereof is not settled by end of the Completion Period subject to payment of interest at the rate of 8% per annum payable on the outstanding amount, calculated on a daily basis from the commencement date of the Extended Completion Period until the day when the unpaid portion of the Completion Payment is received by the Vendor and/or the Vendor’s solicitors; and

2. the sum of RM6,980,000 being a sum equivalent to 2% of the Disposal Consideration by the Purchaser to the Purchaser's solicitors as stakeholder for payment of the real property gains tax payable by the Vendor.



PARKSON - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoPH-141231-63123

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionIncorporation/Acquisition/Dissolution of Subsidiaries

The Board of Directors of Parkson Holdings Berhad (the “Company”) wishes to announce the incorporation/acquisition of four subsidiaries (“New Companies”) by wholly-owned subsidiaries of Parkson Retail Group Limited (“Parkson Retail”), a 52.10% owned subsidiary of the Company and listed on The Stock Exchange of Hong Kong Limited, details of which are as set out in Table I.

Consequent thereupon, the New Companies became wholly-owned subsidiaries of Parkson Retail and hence, subsidiaries of the Company.

In addition, the Board wishes to announce that Parkson Retail had on 31 December 2014 received a confirmation from Shijiazhuang Administration for Industry and Commerce Department, the People's Republic of China ("PRC") that the business licence for Shijiazhuang Parkson Retail Co., Ltd. ("Shijiazhuang"), a wholly-owned subsidiary of Parkson Retail, had been cancelled on 31 December 2014. Hence, Shijiazhuang was voluntarily dissolved ("Dissolution of Shijiazhuang") and ceased to be a subsidiary of the Company on 31 December 2014.

The incorporation/acquisition of the New Companies and the Dissolution of Shijiazhuang do not have a material impact on the earnings of the Group for the financial year ending 30 June 2015 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014.

None of the Directors and major shareholders of the Company or persons connected with them has any interest, direct or indirect, in the incorporation/acquisition of the New Companies and the Dissolution of Shijiazhuang.

Table I

New Companies

Date of Incorporation/

Acquisition

Country of Incorporation

Registered Capital / Paid-up capital

Name of Holding Companies

Principal Activities

Lion Food & Beverage Ventures Limited

Incorporated

on 08/12/2014

British Virgin Islands

USD1.00 (equivalent to approximately RM3.50)

Grand Parkson Retail Group Limited

Investment holding

Qingdao Parkson Shopping Plaza Co., Ltd.

Incorporated

on 15/12/2014

PRC

Rmb30 million (equivalent to approximately RM16.8 million)

Parkson Retail Development Co., Ltd.

Mall and property management

Qingdao Lion Plaza Retail Management Co., Ltd. (“Qingdao Lion Plaza”)

Incorporated

on 15/12/2014

PRC

Rmb500 million (equivalent to approximately RM280 million)

Leonemas (Hong Kong) Limited

Investment holding.

Qingdao Lion Plaza was incorporated to take over the role of Beijing Huadesheng Property Management Co., Ltd., a wholly-owned subsidiary of Parkson Retail, as the purchaser to acquire the Qingdao Shopping Mall from Shanghai Industrial Qingdao Development Co., Ltd. (“Vendor”). Qingdao Lion Plaza had on 29 December 2014 entered into a Sale and Purchase Agreement with the Vendor for the acquisition of the Qingdao Shopping Mall which was announced on 29 December 2014.

Parkson Food & Beverage Ventures Limited

Acquired on

23/12/2014 at a consideration of HKD1.00 (equivalent to approximately RM0.43)

Hong Kong

HKD1.00 (equivalent to approximately RM0.43)

Lion Food & Beverage Ventures Limited

Investment holding



UCHITEC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameUCHI TECHNOLOGIES BERHAD  
Stock Name UCHITEC  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoCP-141231-5F84E

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionUchi Technologies Berhad (UTB) wishes to inform that the following Principal Officer has given notice of his dealing in the ordinary shares of UTB pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.



Name of
Principal Officer
Nature of
Interest
Date
Transacted
Opening
Balance
No. of Shares
Disposed
% of
Shares
Transacted
Consideration
(RM)
Closing
Balance
%of Shares
Held After the
Transaction
Nyeo Tiam JooDirect
Interest
26-12-2014
85,000(70,000)
0.02
1.47
15,000
Negligible

Based on the paid-up capital of the Company of RM74,376,980 divided into 371,884,900 ordinary shares of RM0.20 each, exclusive of 7,070,500 ordinary shares of RM0.20 each held as treasury shares as at 26 December 2014.

This announcement is dated 31 December 2014.