January 10, 2014

Company announcements: BJASSET, E&O, KIANJOO, ORIENT, UMW, HUNZPTY, KMLOONG, OSK

BJASSET - OTHERS Articles regarding Berjaya Assets Berhad that appeared in the recent issues of The Edge Financial Daily and The Edge Malaysia (Dec 16 – 22, 2013)

Announcement Type: General Announcement
Company NameBERJAYA ASSETS BERHAD  
Stock Name BJASSET  
Date Announced10 Jan 2014  
CategoryGeneral Announcement
Reference NoBA-140110-54775

TypeAnnouncement
SubjectOTHERS
DescriptionArticles regarding Berjaya Assets Berhad that appeared in the recent issues of The Edge Financial Daily and The Edge Malaysia (Dec 16 – 22, 2013)
We refer to the above and forward herewith our Press Release dated 10 January 2014 for public information.


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

Announcement Type: General Announcement
Company NameBERJAYA ASSETS BERHAD  
Stock Name BJASSET  
Date Announced10 Jan 2014  
CategoryGeneral Announcement
Reference NoBA-140110-64471

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionACQUISITIONS OF ORDINARY SHARES IN BERJAYA SPORTS TOTO BERHAD

The Board of Directors of Berjaya Assets Berhad (“BAssets”) is pleased to announce that its wholly-owned subsidiary, Sublime Cartel Sdn Bhd (“Sublime”) had acquired a total of 606,200 ordinary shares of RM0.10 each (“BToto Shares”) in Berjaya Sports Toto Berhad (“BToto”) in the open market on 10 January 2014 for a total cash consideration of about RM2.42 million (“Acquisitions”).

Following the Acquisitions, the BAssets Group now holds a total of about 3,300,000 BToto Shares representing 0.25% equity interest in BToto.


The cash consideration of the Acquisitions was at prevailing market prices of BToto Shares at the time of acquisitions. The BToto Shares were acquired free and clear of all liens, charges and claims of any kind or restriction. The Acquisitions represent an opportunity for the BAssets Group to invest in BToto with its internal funds.


The Acquisitions have no effect on the issued and paid-up share capital or major shareholders’ shareholdings of BAssets. The Acquisitions are not expected to have any material effect on the consolidated net assets and earnings of BAssets for the current financial year ending 30 June 2014.


The Acquisitions are not subject to the approval of the shareholders of BAssets or any other relevant authority.


Berjaya Corporation Berhad (“
BCorporation”) and Berjaya Land Berhad (“BLand“) are major shareholders of BAssets and BToto.

Tan Sri Dato’ Seri Vincent Tan Chee Yioun (“TSVT”) is a major shareholder of BAssets, BCorporation, BLand and BToto.

Mr. Chan Kien Sing, a Non-Independent Non-Executive Director of BAssets, is an Executive Director of BCorporation and BToto. He is also a shareholder of BCorporation and BToto.


Datuk Robert Yong Kuen Loke is a common director of BAssets, BCorporation, BLand and BToto. He is also a shareholder of BCorporation, BLand and BToto.

Dato’ Dickson Tan Yong Loong is a common director of BAssets, BCorporation, BLand and BToto. He is a nephew of TSVT.

Both Mr. Tan Thiam Chai (“TTC”), an Executive Director of BAssets and BLand, and Mr. Lim Meng Kwong, a Non-Independent Non-Executive Director of BAssets, are employees of the BCorporation Group. TTC is also a shareholder of BCorporation, BLand and BToto.

Save as disclosed, none of the other Directors and/or other major shareholders of BAssets or persons connected with them has any interest, direct or indirect, in the Acquisitions.

The Board of Directors of BAssets is of the opinion that the Acquisitions are in the best interest of the BAssets Group.

The Audit and Risk Management Committee of BAssets is of the opinion that the Acquisitions are fair, reasonable and on normal commercial terms and are in the best interest of the BAssets Group.


The highest percentage ratio applicable to the Acquisitions pursuant to paragraph 10.02(g) of the Bursa Malaysia Securities Berhad’s Main Market Listing Requirements is 0.37%.


This Announcement is dated 10 January 2014.


E&O - OTHERS Eastern & Oriental Berhad (“E&O”) - Incorporation of New Subsidiary

Announcement Type: General Announcement
Company NameEASTERN & ORIENTAL BERHAD  
Stock Name E&O    
Date Announced10 Jan 2014  
CategoryGeneral Announcement
Reference NoE&-140110-E4519

TypeAnnouncement
SubjectOTHERS
DescriptionEastern & Oriental Berhad (“E&O”)
- Incorporation of New Subsidiary

E&O wishes to announce the incorporation of Oriental Light (UK) Limited (“OLUK”) in England and Wales on 9 January 2014 as a wholly-owned subsidiary of Oriental Light (Guernsey) Limited, which in turn is a wholly-owned subsidiary of Eastern & Oriental Properties (Guernsey) Limited (“EOPG”). EOPG is a wholly-owned subsidiary of E&O.

 

The issued share capital of OLUK is 1 ordinary share of 1 and the principal activity of OLUK is property development.

 

None of the directors or major shareholders or persons connected to directors or major shareholders of E&O has any interest, direct or indirect, in the above incorporation.

 

This announcement is dated 10 January 2014.

 

 

 

 


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

Announcement Type: General Announcement
Company NameKIAN JOO CAN FACTORY BERHAD  
Stock Name KIANJOO  
Date Announced10 Jan 2014  
CategoryGeneral Announcement
Reference NoCU-140110-57548

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionKIAN JOO CAN FACTORY BERHAD ("KIAN JOO" OR "THE COMPANY")
OFFER TO ACQUIRE ALL THE BUSINESS AND UNDERTAKING INCLUDING ALL OF THE ASSETS AND LIABILITIES OF KIAN JOO
We refer to the announcements made on 26 November 2013, 5 December 2013, 6 December 2013, 9 December 2013 and 10 December 2013.
On behalf of the Board of Directors of Kian Joo ("Board"), MIDF Amanah Investment Bank Berhad wishes to announce that the Board has deliberated and agreed to accept the offer made by Aspire Insight Sdn Bhd on 26 November 2013 to acquire the entire business and undertaking including all of the assets and liabilities of the Company.


ORIENT - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced10 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140110-B40B7

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc. ("MUFG")
Address7-1, Marunouchi 2-Chome
Chiyoda-ku, Tokyo, 100-8330
Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary stocks of RM1.00 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace Aberdeen, AB10 1YG, Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/01/2014
10,000
 

Circumstances by reason of which change has occurredDisposal of shares by Aberdeen.

MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% interest in Aberdeen.
Nature of interestIndirect interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)66,263,400 
Indirect/deemed interest (%)10.68 
Total no of securities after change66,263,400
Date of notice09/01/2014

Remarks :
This Notice was received on 10 January 2014.


ORIENT - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced10 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140110-B3EF2

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc. ("MUFG")
Address7-1, Marunouchi 2-Chome
Chiyoda-ku, Tokyo, 100-8330
Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary stocks of RM1.00 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace Aberdeen, AB10 1YG, Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed07/01/2014
29,000
 

Circumstances by reason of which change has occurredDisposal of shares by Aberdeen.

MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% interest in Aberdeen.
Nature of interestIndirect interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)66,234,400 
Indirect/deemed interest (%)10.68 
Total no of securities after change66,234,400
Date of notice10/01/2014

Remarks :
This Notice was received on 10 January 2014.


UMW - Changes in Director's Interest (S135) - Tan Sri Asmat bin Kamaludin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameUMW HOLDINGS BERHAD  
Stock Name UMW  
Date Announced10 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoUH-140110-65521

Information Compiled By KLSE

Particulars of Director

NameTan Sri Asmat bin Kamaludin
AddressNo.23, Jalan 14/37E
46100,Petaling Jaya
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary shares of RM0.50 Each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
10/01/2014
3,000
11.920 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestIndirect interest
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)18,000 
Indirect/deemed interest (%)0.0015 
Date of notice10/01/2014


HUNZPTY - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameHUNZA PROPERTIES BERHAD  
Stock Name HUNZPTY  
Date Announced10 Jan 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCP-140109-A76F4

Date of buy back from06/01/2014
Date of buy back to06/01/2014
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)106,000
Minimum price paid for each share purchased ($$)2.060
Maximum price paid for each share purchased ($$)2.090
Total amount paid for shares purchased ($$)220,361.94
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)106,000
Total number of shares retained in treasury (units)10,607,252
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies10/01/2014
Lodged by Tricor Corporate Services Sdn. Bhd.


KMLOONG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameKIM LOONG RESOURCES BERHAD  
Stock Name KMLOONG  
Date Announced10 Jan 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-140110-47499

Date of buy back10/01/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)7,000
Minimum price paid for each share purchased ($$)2.610
Maximum price paid for each share purchased ($$)2.620
Total consideration paid ($$)18,407.13
Number of shares purchased retained in treasury (units)7,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)147,000
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 (%)0.05


OSK - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameOSK HOLDINGS BERHAD  
Stock Name OSK  
Date Announced10 Jan 2014  
CategoryGeneral Announcement
Reference NoOH-140110-26EB8

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
DescriptionPursuant to Paragraph 8.23(1) of the Listing Requirements, the Board of Directors of OSK Holdings Berhad ("OSK") wishes to announce that OSK Capital Sdn. Bhd., a wholly-owned subsidiary of OSK has granted secured loans amounting to RM419.492 million to third parties as at 31 December 2013.

OSK Capital Sdn. Bhd. holds a moneylending licence and the loans were made in its ordinary course of business.

Attached herewith the required information under Paragraph 8.23(2)(e) of the Listing Requirements for the quarter ended 31 December 2013.

This announcement is dated 10 January 2014.



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