January 9, 2014

Company announcements: AIRPORT, KMLOONG, FAREAST, TIMECOM, MEDAINC, APEX, HARTA, SCABLE, HIBISCS

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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMALAYSIA AIRPORTS HOLDINGS BERHAD  
Stock Name AIRPORT  
Date Announced9 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMA-140109-9ECF5

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd -
Employees Provident Fund Board (CIMB PRI)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/01/2014
384,900
 

Circumstances by reason of which change has occurredDisposal of shares by the portfolio manager of the EPF Board.
Nature of interestDirect
Direct (units)158,964,243 
Direct (%)12.8983 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change158,964,243
Date of notice07/01/2014

Remarks :
The announcement is based on the Form 29B dated 7 January 2014 which was received on 9 January 2014.


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

Announcement Type: General Announcement
Company NameKIM LOONG RESOURCES BERHAD  
Stock Name KMLOONG  
Date Announced9 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140109-2ED3F

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionThe Group's production figures for the month of December, 2013 are as follows:

A) Palm Oil Production

i) Fresh Fruit Bunches 29,443 MT

ii) Crude Palm Oil 24,346 MT

iii) Palm Kernel 5,562 MT



FAREAST - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameFAR EAST HOLDINGS BERHAD  
Stock Name FAREAST  
Date Announced9 Jan 2014  
CategoryGeneral Announcement
Reference NoFE-140109-DEB62

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionFAR EAST HOLDINGS BERHAD (“FEHB” or “the Company”)
Announcement on the Material Litigation

COURT OF APPEAL - CIVIL APPEAL NO. W-02(NCC)(A) - 2672-12/2013 (IN THE HIGH COURT AT KUALA LUMPUR ORIGINATING SUMMONS NO.
24NCC(ARB)-46-11/2012)
1. Far East Holdings Berhad
2. Kampong Aur Oil Palm Company (Sdn.) Berhad - Appellants
And
Majlis Ugama Islam dan Adat Resam Melayu Pahang - Respondent


We refer to our earlier announcement dated 6th January 2014 regarding the above.
We would like to announce that the case management at the Court of Appeal for the above which was fixed on 16 January 2014 has been rescheduled to 21 January 2014.

This announcement is dated 9 January 2014
.


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

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameTIME DOTCOM BERHAD  
    Stock Name TIMECOM  
    Date Announced9 Jan 2014  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoTD-140109-9AD84

    Particulars of substantial Securities Holder

    NameEmployees Provident Fund Board
    AddressTingkat 19
    Bangunan KWSP
    Jalan Raja Laut
    50350 Kuala Lumpur
    NRIC/Passport No/Company No.EPF ACT 1991
    Nationality/Country of incorporationMalaysia
    Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
    Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
    Level 42
    Menara Citibank
    165 Jalan Ampang
    50450 Kuala Lumpur

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired06/01/2014
    98,900
     

    Circumstances by reason of which change has occurredAcquisition of shares in open market
    Nature of interestDirect interest
    Direct (units)32,113,000 
    Direct (%)5.6 
    Indirect/deemed interest (units)
    Indirect/deemed interest (%)
    Total no of securities after change32,113,000
    Date of notice07/01/2014

    Remarks :
    Form 29B was received by the Company on 9 January 2014.


    MEDAINC - Changes in Director's Interest (S135) - Teoh Seng Kian

    Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
    Company NameMEDA INC. BERHAD  
    Stock Name MEDAINC  
    Date Announced9 Jan 2014  
    CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
    Reference NoMI-140109-45702

    Information Compiled By KLSE

    Particulars of Director

    NameTeoh Seng Kian
    Address41-02 Mont Kiara Damai, No. 3 Jln Kiara 2, Mont Kiara, 50480 Kuala Lumpur.
    Descriptions(Class & nominal value)Warrants 2012/2022

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transaction
    Date of change
    No of securities
    Price Transacted (RM)
    Disposed
    08/01/2014
    350,000
     

    Circumstances by reason of which change has occurredDisposal
    Nature of interestDirect
    Consideration (if any) 

    Total no of securities after change

    Direct (units)11,987,500 
    Direct (%)10.61 
    Indirect/deemed interest (units)
    Indirect/deemed interest (%)
    Date of notice09/01/2014

    Remarks :
    This notice was received on 9 January 2014.


    MEDAINC - Changes in Sub. S-hldr's Int. (29B) - Teoh Seng Kian

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameMEDA INC. BERHAD  
    Stock Name MEDAINC  
    Date Announced9 Jan 2014  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoMI-140109-44836

    Particulars of substantial Securities Holder

    NameTeoh Seng Kian
    Address41-02 Mont Kiara Damai, No. 3 Jln Kiara 2, Mont Kiara, 50480 Kuala Lumpur.
    NRIC/Passport No/Company No.600531-08-5621
    Nationality/Country of incorporationMalaysian
    Descriptions (Class & nominal value)Warrants 2012/2022
    Name & address of registered holderAs above

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Disposed08/01/2014
    350,000
     

    Circumstances by reason of which change has occurredDisposal
    Nature of interestDirect
    Direct (units)11,987,500 
    Direct (%)10.61 
    Indirect/deemed interest (units)
    Indirect/deemed interest (%)
    Total no of securities after change11,987,500
    Date of notice09/01/2014

    Remarks :
    The notice was received on 9 January 2014.


    APEX - PROVISION OF FINANCIAL ASSISTANCE

    Announcement Type: General Announcement
    Company NameAPEX EQUITY HOLDINGS BERHAD  
    Stock Name APEX  
    Date Announced9 Jan 2014  
    CategoryGeneral Announcement
    Reference NoAE-140109-46907

    TypeAnnouncement
    SubjectPROVISION OF FINANCIAL ASSISTANCE
    DescriptionProvision of Financial Assistance Pursuant to Paragraph 8.23(1)(ii), 8.23(2)(e) and Practice Note. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad.
    Pursuant to Paragraph 8.23(1)(ii), 8.23(2)(e) and Practice Note. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Apex Equity Holdings Berhad (“APEX”) wishes to announce that the aggregate amount of financial assistance provided as at 31 December 2013 pursuant to the ordinary course of business of AEH Capital Sdn Bhd (licensed moneylender), a wholly owned subsidiary of APEX, is set out in the attachment below.
    The provision of financial assistance as set out above would not have any significant impact to the earnings of APEX Group for the year ended 31 December 2013 as adequate bad debt provisions have been provided in the previous financial years.

    Attachments

    31-12-2013.xls
    21 KB



    HARTA - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameHARTALEGA HOLDINGS BERHAD  
    Stock Name HARTA  
    Date Announced9 Jan 2014  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoC&-140108-475D0

    Particulars of substantial Securities Holder

    NameEMPLOYEES PROVIDENT FUND BOARD
    AddressTINGKAT 19,BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR.
    NRIC/Passport No/Company No.EPF ACT 1991
    Nationality/Country of incorporationMALAYSIA
    Descriptions (Class & nominal value)ORDINARY SHARE OF RM0.50 EACH
    Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
    LEVEL 42, MENARA CITIBANK, 165, JALAN AMPANG, 50450 KUALA LUMPUR.

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired06/01/2014
    264,100
     
    Disposed06/01/2014
    240,000
     

    Circumstances by reason of which change has occurredACQUIRED AND DISPOSED OF SHARES
    Nature of interestDIRECT
    Direct (units)45,586,900 
    Direct (%)6.11 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Total no of securities after change45,586,900
    Date of notice07/01/2014

    Remarks :
    1)Percentage of acquisition of shares transacted = 0.04%
    2)Percentage of disposal of shares transacted = 0.03%
    3)Form 29B was received on 9 January 2014


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

    Announcement Type: General Announcement
    Company NameSARAWAK CABLE BERHAD  
    Stock Name SCABLE  
    Date Announced9 Jan 2014  
    CategoryGeneral Announcement
    Reference NoCC-140106-57839

    TypeAnnouncement
    SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
    RECURRENT RELATED PARTY TRANSACTIONS
    DescriptionANNOUNCEMENT ON RECURRENT RELATED PARTY TRANSACTION


    Sarawak Cable Berhad (“SCB” or “the Company”) wishes to announce on the following recurrent related party transaction of a revenue and/or trading nature (“RRPT”) entered into between SCB’s subsidiaries and the related party:

    Name of Related Party

    Nature of RRPT

    Amount of RRPT

    (RM)

    Universal Cable (M) Berhad

    (“UCMB”)

    Purchase of Cables and Conductors

    5,579,310

    The above amount of which by way of aggregation, has exceeded the prescribed percentage ratio of 1% in respect of recurrent transactions entered into as at 31 December 2013.

    Nature of RRPT

    The RRPT entered into by SCB’s subsidiaries is in the ordinary course of business. It is a recurring transaction of a revenue and/or trading nature which was occurred with some degree of frequency and raise at any time and from time to time. This RRPT may be constrained by the time-sensitive nature and confidentiality of such transaction of the minority shareholders and are on terms not more favourable to UCMB than those generally available to the public and are not detrimental to the interest of the minority shareholders.

    Rationale of RRPT

    The rationale for SCB’s subsidiaries to enter into RRPT is to take advantage of efficiencies in business dealings, in particular to maximize the utliisation of available resources and to reduce the fixed overhead cost. The RRPT met the business needs of SCB’s subsidiaries at the best possible terms. By transacting with UCMB, SCB’s subsidiaries would have an advantage of familiarity with the background, financial well-being and management of UCMB, thus enabling more informed commercial decisions to be made in dealings with them, SCB’s subsidiaries and UCMB have a good understanding of each other’s business needs thus providing a platform where all parties can benefit from conducting the RRPT. These would ultimately benefit the SCB’s subsidiaries and the shareholders by enhancing profitability and returns on shareholders’ funds.

    Effect of RRPT on SCB’s Subsidiaries

    The RRPT is not expected to have any significant effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of SCB.

    The nature and extent of the interest of the interested director and major shareholder

    Dato’ Seri H’ng Bok San @ H’ng Ah Ba is the Non-Independent Non-Executive Director of SCB. Dato' Seri H'ng is also a director and substantial shareholder of UCMB.  As such, UCMB is a person connected with Dato Seri H’ng Bok San and therefore he is deemed interested in the RRPT.

    Whether the RRPT is subject to the approval of shareholders and the relevant government authorities

    The RRPT is not subject to the approval of shareholders and the relevant government authorities.

    Statement by Audit Committee

    The Audit Committee having considered the rationale for the RRPT and all aspects of the RRPT, was of the view that the RRPT is in the best interests of the Company, fair, reasonable and on normal commercial terms and not detrimental to the interests of the minority shareholders as the RRPT was entered into in the ordinary course of business on normal commercial terms which are not more favourable to the related parties than those generally available to the public.

    Statement by Directors

    The Directors, saved for Dato’ Seri H’ng Bok San @ H’ng Ah Ba, having considered all aspects of the RRPT, were in the opinion that the RRPT is in the best interest of the Company and not detrimental to the interest of the minority shareholders.


    This announcement is dated 9 January 2014.

     




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

    Announcement Type: General Announcement
    Company NameHIBISCUS PETROLEUM BERHAD  
    Stock Name HIBISCS  
    Date Announced9 Jan 2014  
    CategoryGeneral Announcement
    Reference NoHP-140109-38122

    TypeAnnouncement
    SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
    NON RELATED PARTY TRANSACTIONS
    DescriptionHIBISCUS PETROLEUM BERHAD (“HIBISCUS PETROLEUM” OR THE “COMPANY”)
    Capital Injection of USD8.05 million into Lime Petroleum Plc (“Lime”), a Jointly-Controlled Entity of the Company, by its Wholly-Owned Subsidiary, Gulf Hibiscus Limited (“Gulf Hibiscus”)

     



    No comments:

    Post a Comment