OIB - OTHERS ORIENTAL INTEREST BERHAD (“OIB” or the “Company”) - INTERNAL REORGANISATION
| Company Name | ORIENTAL INTEREST BERHAD |
| Stock Name | OIB |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | CC-140116-64787 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ORIENTAL INTEREST BERHAD (“OIB” or the “Company”) - INTERNAL REORGANISATION |
Introduction Pursuant to Paragraph 9.19(5) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of OIB wishes to announce that it has on 16 January 2014, acquired two (2) ordinary shares of RM1.00 each, representing 100% of the total issued and paid-up capital of the following companies:- a. OIB Marketing Sdn Bhd (formerly known as OIB Recipe Sdn Bhd) (“OMSB”); and b. OIB Construction Sdn Bhd (formerly known as OIB Confectionery Sdn Bhd) (“OCSB”). from OIB Resort Sdn Bhd (formerly known as OIB Foods & Beverages Sdn Bhd), a direct wholly-owned subsidiary of OIB, for cash consideration of RM2.00 each (“Internal Reorganisation”) respectively. Upon completion of the Internal Reorganisation, OMSB and OCSB became direct wholly-owned subsidiaries of OIB. Information of OMSB OMSB was incorporated on 27 March 2009 and its authorised share capital is RM100,000.00 divided into 90,000 Ordinary Shares of RM1.00 each and 10,000 Redeemable Preference Shares (“RPS”) of RM1.00 each and its total paid-up capital is RM202.00 comprised of 2 Ordinary Shares of RM1.00 each and 200 RPS of RM1.00 each. OMSB is presently dormant. Information of OCSB OCSB was incorporated on 27 March 2009 and its authorised share capital is RM100,000.00 divided into 90,000 Ordinary Shares of RM1.00 each and 10,000 RPS of RM1.00 each and its total paid-up capital is RM202.00 comprised of 2 Ordinary Shares of RM1.00 each and 200 RPS of RM1.00 each. OCSB is presently dormant. Rationale The Internal Reorganisation was undertaken to streamline the group structure of OIB Group. Financial Effects The Internal Reorganisation will not have any effect on the issued and paid-up capital of OIB or any material effect on the earnings, net assets or gearing of OIB on a consolidated basis for the financial year ending 30 June 2014. Interests of Directors’, Major Shareholders’ and/ or Persons Connected to them None of the Directors, Major Shareholders of OIB or persons connected with them has any interest, whether direct or indirect in the Internal Reorganisation. This announcement is dated 16 January 2014. | |
CRESNDO - Notice of Shares Buy Back - Immediate Announcement
| Company Name | CRESCENDO CORPORATION BERHAD |
| Stock Name | CRESNDO |
| Date Announced | 16 Jan 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-140116-2EF38 |
CRESNDO - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | CRESCENDO CORPORATION BERHAD |
| Stock Name | CRESNDO |
| Date Announced | 16 Jan 2014 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | CC-140116-37707 |
PUNCAK - OTHERS PUNCAK NIAGA HOLDINGS BERHAD (416087-U)(“PUNCAK” OR THE “COMPANY”) PACKAGE B (PIPE LAYING) FOR TRANSPORTATION AND INSTALLATION OF OFFSHORE FACILITIES FOR YEAR 2014 – 2016 - NOTIFICATION OF 2014 WORK SCOPE
| Company Name | PUNCAK NIAGA HOLDINGS BERHAD |
| Stock Name | PUNCAK |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | PN-140116-551AA |
| Type | Announcement |
| Subject | OTHERS |
| Description | PUNCAK NIAGA HOLDINGS BERHAD (416087-U)(“PUNCAK” OR THE “COMPANY”) PACKAGE B (PIPE LAYING) FOR TRANSPORTATION AND INSTALLATION OF OFFSHORE FACILITIES FOR YEAR 2014 – 2016 - NOTIFICATION OF 2014 WORK SCOPE |
We refer to the Company’s earlier announcement dated 13 December 2013 on the award of the Package B (Pipe laying) of Transportation and Installation Of Offshore Facilities For Year 2014 – 2016 Contract (“T&I Package B Contract”) to its wholly-owned sub-subsidiary, GOM Resources Sdn Bhd (“GOM Resources”) by eleven (11) PETRONAS Production Sharing Contractors. Puncak Niaga Holdings Berhad wishes to update the Exchange that GOM Resources had received the 2014 Work Scope for the EVA-NMB Gas Delivery System (ENGDS) Project (“2014 Work Scope”) under the T&I Package B Contract from PETRONAS Carigali Sdn Bhd, via a Letter of Award dated 23 December 2013 which was received by GOM Resources on 26 December 2013. The 2014 Work Scope is for an estimated period of twelve (12) months starting from January 2014 and the scope of work will entail the installation of 28” x 282 km pipeline from onshore Kerteh, Terengganu towards the border of Malaysia/Thailand Joint Development Area (JDA), installation of pipeline tie-in skid and subsea spools, pipeline pre-commissioning, pipeline post lay trenching and the associated services. This announcement is dated 16 January 2014. | |
DIGI - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 16 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140116-D8A65 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF Act 1991 |
| Nationality/Country of incorporation | Incorporated in Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.01 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 10/01/2014 | 1,324,800 |
| Remarks : |
| The total number of 1,123,496,440 Ordinary Shares of RM0.01 each are held as follows:- 1) 1,015,601,650 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board; 2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board; 3) 5,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI); 4) 2,070,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB); 5) 4,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS); 6) 2,200,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV); 7) 9,187,500 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV); 8) 950,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN); 9) 2,300,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KAF FM); 10) 30,729,990 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA); 11) 24,318,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI); 12) 2,400,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM); 13) 2,548,300 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON); and 14) 6,400,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN). The Form 29B was received by the Company on 16 January 2014. |
DIGI - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad- Skim Amanah Saham Bumiputera
| Company Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 16 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140116-D81A3 |
Particulars of substantial Securities Holder
| Name | AmanahRaya Trustees Berhad- Skim Amanah Saham Bumiputera |
| Address | Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.01 each |
| Name & address of registered holder | AmanahRaya Trustees Berhad- Skim Amanah Saham Bumiputera Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 13/01/2014 | 2,000,000 |
| Remarks : |
| The Form 29B was received by the Company on 16 January 2014. |
PWORTH - MULTIPLE PROPOSALS
| Company Name | PRICEWORTH INTERNATIONAL BERHAD |
| Stock Name | PWORTH |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | CC-140116-64446 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | PRICEWORTH INTERNATIONAL BERHAD ("PIB" OR THE "COMPANY") (I) PROPOSED REDUCTION OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM0.10 EACH IN PIB PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED PAR VALUE REDUCTTON"); (II) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PIB ("MA") TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED PAR VALUE REDUCTION ("PROPOSED MA AMENDMENT"); (III) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARES OF BETA BUMI SDN BHD BY PIB ("PROPOSED ACQUISITION"); AND (IV) PROPOSED ISSUANCE OF UNSECURED REDEEMABLE CONVERTIBLE NOTES ("RCN") WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM50.0 MILLION ("PROPOSED RCN ISSUE") (COLLECTIVELY KNOWN AS THE "PROPOSALS") |
In reference to the Company's announcements dated 1 April 2013, 4 April 2013, 7 August 2013, 2 September 2013, 9 September 2013, 6 November 2013, 21 November 2013, 25 November 2013 and 23 December 2013 in relation to the Proposals. The Company wishes to announce that the office copy of the sealed order of the High Court of Malaya dated 7 January 2014 has been lodged with the Companies Commission of Malaysia on 15 January 2014 and that the Par Value Reduction has effected. The rights of the ordinary shareholders of PIB and the number of the ordinary shares of PIB held by them are unaffected following the Reduction of Par Value. All the ordinary shares of PIB standing credit in the securities accounts of PIB shareholders are unaffected except in reference to the reduction in par value from RM0.50 and RM0.10 of each ordinary shares of PIB. The share price of PIB will not be adjusted pursuant to the Par Value Reduction. This announcement is dated 16 January 2014. | |
PWORTH - MULTIPLE PROPOSALS
| Company Name | PRICEWORTH INTERNATIONAL BERHAD |
| Stock Name | PWORTH |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | MI-140116-62732 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | PRICEWORTH INTERNATIONAL BERHAD ("PIB" OR THE "COMPANY") (I) PROPOSED REDUCTION OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM0.50 EACH TO RM0.10 EACH IN PIB PURSUANT TO SECTION 64 OF THE COMPANIES ACT 1965 (“ACT”) (“PROPOSED PAR VALUE REDUCTION”); (II) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PIB (“MA”) TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED PAR VALUE REDUCTION (“PROPOSED MA AMENDMENT”); (III) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARES OF BETA BUMI SDN BHD (“BBSB”) BY PIB (“PROPOSED ACQUISITION”); AND (IV) PROPOSED ISSUANCE OF UNSECURED REDEEMABLE CONVERTIBLE NOTES (“RCN”) WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM50.0 MILLION (“PROPOSED RCN ISSUE”) (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
We refer to our announcements dated 1 April 2013, 4 April 2013, 7 August 2013, 2 September 2013, 9 September 2013, 6 November 2013, 21 November 2013, 25 November 2013, 28 November 2013, 20 December 2013, 23 December 2013 and 16 January 2014 in relation to the Proposals (“Announcements”). All abbreviations and definitions used herein shall have the same meanings as the words and expressions defined in the Announcements, except where the context otherwise requires or where otherwise defined herein. Pursuant to the Par Value Reduction, the Board, the auditors and KIBB are unable to come to a conclusion on any adjustment required in relation to the exercise price of the Warrants 2011/2016 (“Adjustment”). Therefore, pursuant to Clause 4.6 of the Deed Poll, the Directors have referred the Adjustment to the decision of another adviser acting as expert and not as arbitrator (“Approved Adviser”). Further to the above, the Approved Adviser has recommended that no Adjustment is required pursuant to the Par Value Reduction. In accordance to Clause 4.6 of the Deed Poll, the Approved Adviser’s decision shall be final and conclusive and no certification by the auditors shall be necessary. Accordingly, the Board has deliberated upon and considered the Approved Adviser’s recommendation and no Adjustment shall be made to the exercise price of the Warrants 2011/2016 pursuant to the Par Value Reduction. This announcement is dated 16 January 2014. | |
IRETEX - MULTIPLE PROPOSALS
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | MI-140116-62079 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | IRE-TEX CORPORATION BERHAD (“ITCB” OR THE “COMPANY”) (I) PROPOSED DISPOSAL; (II) PROPOSED ZASB ACQUISITION; (III) PROPOSED ZTSB ACQUISITION; AND (IV) PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 18 November 2013 in relation to the Proposals (“First Announcement”). | |
DESTINI - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | DESTINI BERHAD |
| Stock Name | DESTINI |
| Date Announced | 16 Jan 2014 |
| Category | General Meetings |
| Reference No | CC-140116-37133 |
| Type of Meeting | EGM |
| Indicator | Notice of Meeting |
| Description | Notice of Extraordinary General Meeting dated 20 January 2014 is attached herewith. |
| Date of Meeting | 10/02/2014 |
| Time | 10:00 AM |
| Venue | Garuda 1 & 2, Glenmarie Golf & Country Club, No. 3, Jalan Usahawan U1/8, 40150 Shah Alam, Selangor Darul Ehsan |
| Date of General Meeting Record of Depositors | 04/02/2014 |
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