LBICAP - Changes in Director's Interest (S135) - RAYMOND NG YEW FOONG
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CN-140123-0C948 |
Information Compiled By KLSE
Particulars of Director
| Name | RAYMOND NG YEW FOONG |
| Address | 6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 62,800 | ||
Acquired | 78,600 |
| Circumstances by reason of which change has occurred | By virtue of Section 6A of the Companies Act, 1965 in Ng Tiong Seng Corporation Sdn. Bhd. |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 40,075,829 |
| Indirect/deemed interest (%) | 62.12 |
| Date of notice | 23/01/2014 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - Changes in Director's Interest (S135) - DATIN LOW WEE CHIN
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CN-140123-0A474 |
Information Compiled By KLSE
Particulars of Director
| Name | DATIN LOW WEE CHIN |
| Address | 6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 62,800 | ||
Acquired | 78,600 |
| Circumstances by reason of which change has occurred | By virtue of Section 6A of the Companies Act, 1965 in Ng Tiong Seng Corporation Sdn. Bhd. |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 40,075,829 |
| Indirect/deemed interest (%) | 62.12 |
| Date of notice | 23/01/2014 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - Changes in Sub. S-hldr's Int. (29B) - DATO' NG CHIN HENG
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CN-140123-0DC36 |
Particulars of substantial Securities Holder
| Name | DATO' NG CHIN HENG |
| Address | 6A, Jalan Permata 7/1, 40000 Shah Alam, Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 580828-10-5579 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | NG TIONG SENG CORPORATION SDN. BHD. Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 20/01/2014 | 62,800 | |
| Acquired | 21/01/2014 | 78,600 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - Changes in Sub. S-hldr's Int. (29B) - NG TIONG SENG CORPORATION SDN. BHD.
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CN-140123-0DC35 |
Particulars of substantial Securities Holder
| Name | NG TIONG SENG CORPORATION SDN. BHD. |
| Address | Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 17024-P |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | NG TIONG SENG CORPORATION SDN. BHD. Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 20/01/2014 | 62,800 | |
| Acquired | 21/01/2014 | 78,600 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - Changes in Sub. S-hldr's Int. (29B) - DATIN LOW WEE CHIN
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CN-140123-0DC37 |
Particulars of substantial Securities Holder
| Name | DATIN LOW WEE CHIN |
| Address | 6A, Jalan Permata 7/1, 40000 Shah Alam, Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 590305-01-5258 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | NG TIONG SENG CORPORATION SDN. BHD. Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 20/01/2014 | 62,800 | |
| Acquired | 21/01/2014 | 78,600 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - Changes in Sub. S-hldr's Int. (29B) - NG CHIN LOONG
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CN-140123-0DC38 |
Particulars of substantial Securities Holder
| Name | NG CHIN LOONG |
| Address | Lot 3732, Jalan Batai Laut, Kawasan 16, 41300 Klang, Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 610326-10-6277 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | NG TIONG SENG CORPORATION SDN. BHD. Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 20/01/2014 | 62,800 | |
| Acquired | 21/01/2014 | 78,600 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - Changes in Sub. S-hldr's Int. (29B) - DATO' NG TIONG SENG
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CN-140123-0DC32 |
Particulars of substantial Securities Holder
| Name | DATO' NG TIONG SENG |
| Address | No.1, Lot 1273, Batu 8, Bukit Kemuning, 42450 Shah Alam, Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 330801-10-5139 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | NG TIONG SENG CORPORATION SDN. BHD. Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 20/01/2014 | 62,800 | |
| Acquired | 21/01/2014 | 78,600 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - Changes in Sub. S-hldr's Int. (29B) - RAYMOND NG YEW FOONG
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CN-140123-0DC33 |
Particulars of substantial Securities Holder
| Name | RAYMOND NG YEW FOONG |
| Address | 6A, Jalan Permata 7/1, 40000 Shah Alam, Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 830329-14-6041 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | NG TIONG SENG CORPORATION SDN. BHD. Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 20/01/2014 | 62,800 | |
| Acquired | 21/01/2014 | 78,600 |
| Remarks : |
| Price transacted ranging from: -20/01/2014-RM1.61 & RM1.64 -21/01/2014-RM1.65 & RM1.68 |
LBICAP - OTHERS Proposed Joint Venture Agreement
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 23 Jan 2014 |
| Category | General Announcement |
| Reference No | CN-140123-34256 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Proposed Joint Venture Agreement |
1. Introduction The Board of Director of LBI Capital Bhd (“the Company”) is pleased to announce that that on 23 January 2014, Triple Equity Sdn Bhd (“TESB or Landowner”), a wholly owned subsidiary of the Company had entered into a joint venture agreement (“JVA”) with Equal Sign Sdn Bhd (Co. No.:545883-U) (“ESSB or Developer”) of Plaza Seri Setia, Level 1-4, No. 1, Jalan SS9/2, 47300 Petaling Jaya, Selangor Darul Ehsan for the proposed development on a piece of leasehold land held under No. Hakmilik PM 1174, Lot 11844, Mukim Bentong, Daerah Bentong, Negeri Pahang measuring 21,660 square meters with lease expiring on 21st November 2089 (“the Proposed Development”) 2. Information on Triple Equity Sdn Bhd TESB was incorporated in Malaysia on 7 February 2006 as private limited company. Its authorised capital is Ringgit Malaysia One Million (RM1,000,000) divided into 1,000,000 ordinary shares of RM1.00 each, whereas its issued and paid-up share capital is Ringgit Malaysia One Million (RM1,000,000) divided into 1,000,000 ordinary shares of RM1.00 each. TESB is principally engaged in property development. 3. Information on Developer ESSB was incorporated in Malaysia on 24 April 2001 as a private limited company and is having its authorized share capital of RM500,000 divided into 500,000 ordinary shares of RM1.00 each of which 250,000 ordinary shares have been issued and fully paid-up. ESSB is principally engaged in property development and is a wholly owned subsidiary company of LBS Bina Group Berhad. 4. Details of the Land and Proposed development The leasehold land is held under No. Hakmilik PM 1174, Lot 11844, Mukim Bentong, Daerah Bentong, Negeri Pahang measuring 21,660 square meters with lease expiring on 21st November 2089 (“the Development Land”). The existing category of land use of the Development Land is commercial and it is currently free from all encumbrances. The Development Land is located within Gohtong Jaya Township, a matured development township along the main road to Genting Highland, Pahang. It is only about 30 minutes drive from Kuala Lumpur and easily accessible from Kuala Lumpur using the KL-Karak Highway or North-South Expressway via Batang Kali. The Proposed Development comprising 610 units of service apartments under 3 blocks of various sizes and a hotel block with 186 rooms. A preliminary estimate gross development value of this project is RM370 million. TESB has secured development order and building plan approval for this development. 5. Salient terms of the Joint Venture Agreement. The Landowner and Developer have mutually agreed to develop the Development Land where the Landowner shall entitled to 15% of the gross development value (“GDV”) of the said development in properties to be develop in the said development. Within its total entitlement of 15% of GDV, the Developer shall pay the Landowner a cash portion in the following manner a) Upon the execution of the JVA, the Developer shall pay the Landowner of Ringgit Malaysia Five Hundred Thousand (RM500,000.00) only. b) Upon fulfillment by the Landowner in obtaining the approval from the main utilities suppliers to the said development, the Developer shall pay the Landowner Ringgit Malaysia One Million (RM1,000,000.00).
c) Within 12 months from the second cash payment or the charging of the Development Land, whichever is earlier, the Developer shall pay the Landowner Ringgit Malaysia One Million (RM1,000,000.00). The proposed development shall be completed within five (5) years with a further extension of two (2) years subject to interest of 6% per annum. Upon the execution of the JVA, the Landowner shall execute and deliver a Power of Attorney in favour of ESSB, authorizing and empowering Developer to deal with all matters relating to the Proposed Development including charging the said land. The Developer shall procure a corporate guarantee from its holding company in favour of the Landowner to guarantee its performance in respect of the JVA. 6. Basis of arriving at Joint Venture Consideration The total consideration or entitlements under the joint venture arrangement was arrived at based on market norms of such development in such locality. 7. Source of financing There is no financing required arising from this JVA. 8. Liabilities assumed and the original cost of investment to the landowner There is no other liabilities to be assumed under this joint venture. The original cost of investment to the Landowner is RM5,500,000. 9. Approval required The JVA is not subject to approval from shareholders or any authority except for the Proposed Development. 10. Rationale and Prospects for the Joint Venture The rationale and prospects for the joint venture are as follows:- a) The joint venture is in line with the Group's capital management and risk management plan; b) With expected gradual realization of value on this joint venture development, the Group is better to position to take on more landed development which considered less risky in line with its current financial position and current market outlook; and c) The joint venture is expected to contribute positively to the profitability of the Group within the next five (5) years at minimum capital commitment. 11. Effects of the Joint Venture Subject to all the necessary development approvals, the joint venture is expected to contribute positively to the earnings and net tangible assets of the Group for the near future. The joint venture will also not have any effect on the share capital or affect the substantial shareholders' shareholdings of the Company. 12. Directors' and Substantial Shareholders' Interest None of the Directors and substantial shareholders of the Company or persons connected to them have any interest, direct or indirect, in the proposed joint venture. 13. Directors' Statement The Board of Directors of the Company is of the opinion that the terms of the joint venture are fair and reasonable and that the joint venture is in the best interest of the Company. 14. Documents Available for Inspection A copy of the Joint Venture Agreement is available for inspection at the registered office of the Company at Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan during normal business hours from Monday to Friday (except for public holidays) for a period of three (3) months from the date this announcement.
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BONIA - Changes in Director's Interest (S135) - Chiang Sang Sem
| Company Name | BONIA CORPORATION BERHAD |
| Stock Name | BONIA |
| Date Announced | 23 Jan 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | BC-140123-C70F4 |
Information Compiled By KLSE
Particulars of Director
| Name | Chiang Sang Sem |
| Address | 23, Jalan Jaya, Taman Midah Cheras, 56000 Kuala Lumpur |
| 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 | 23,000 | 3.500 |
| Circumstances by reason of which change has occurred | The 23,000 shares were acquired under indirect interest by his spouse on market. |
| Nature of interest | Indirect Interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 3,853,600 |
| Direct (%) | 1.91 |
| Indirect/deemed interest (units) | 97,926,326 |
| Indirect/deemed interest (%) | 48.58 |
| Date of notice | 23/01/2014 |
| Remarks : |
| (1) Deemed interest are shares held:- (i) through his substantial shareholdings in Freeway Team Sdn Bhd, Bonia Holdings Sdn Bhd, Kontrak Kosmomaz Sdn Bhd, SGP Investment Pte Ltd, Golden Shine Finance Limited, (ii) in trust by Able Wealth Assets Ltd (The shareholder of Able Wealth Assets Ltd is HSBC International Trustee Ltd, the trustee of a trust, the beneficiaries of which are Mr Chiang Sang Sem and family members),and (iii) through his spouse and children. (2) The above acquisition representing 0.0114% of the total issued shares of the Company. (3) This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements. |
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