OPCOM - OTHERS Letter of Award for the Manufacture, Supply and Delivery of Optical Fiber Cables to Telekom Malaysia Berhad
| Company Name | OPCOM HOLDINGS BERHAD (ACE Market) |
| Stock Name | OPCOM |
| Date Announced | 22 Jan 2014 |
| Category | General Announcement |
| Reference No | OH-140120-59004 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Letter of Award for the Manufacture, Supply and Delivery of Optical Fiber Cables to Telekom Malaysia Berhad |
The Board of Directors of Opcom Holdings Berhad ("Opcom") wishes to announce that its subsidiary, Opcom Cables Sdn. Bhd. has negotiated and accepted a RM20.3 million Letter of Award from Telekom Malaysia Berhad ("Telekom") on 22 January 2014 for the manufacture, supply and delivery of optical fiber cables to Telekom for a period of three (3) years commencing from 16 January 2014 to 15 January 2017 ("Award"). Financial Effect The Award is expected to contribute positively towards Opcom Group's earnings and net assets for the period of the Award. Risks The risk factors which may affect the Award include but not limited to ordinary business risks, competition risks, operations risks, economic risks and regulatory risks. Directors' and Substantial Shareholders' Interest None of the Directors and substantial shareholders of Opcom and/or subsidiaries or any persons connected to them has any interest, direct or indirect, in the Award. This announcement is dated 22 January 2014. | |
BOILERM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD
| Company Name | BOILERMECH HOLDINGS BERHAD (ACE Market) |
| Stock Name | BOILERM |
| Date Announced | 22 Jan 2014 |
| Category | General Announcement |
| Reference No | CK-140122-64154 |
| Admission Sponsor | RHB Investment Bank Bhd |
| Sponsor | Same as above |
| Type | Announcement | ||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD | ||||||||||||||||||||||||
| Description | Pursuant to Rule 14.08 of the ACE Market Listing Requirement of Bursa Malaysia Securities Berhad, Boilermech Holdings Berhad ("the Company") wishes to announce that they have received notification from Chia Song Kun, Chia Seong Fatt and Wong Wee Voo, the Directors of Boilermech Holdings Berhad, that they intend to trade in the securities of the Company during closed period pending announcement of the Company's financial results for the third quarter ended 31 December 2013. The number of securities held by Chia Song Kun, Chia Seong Fatt and Wong Wee Voo as at 22 January 2014 are tabulated in the table below. This announcement is dated 22 January 2014. | ||||||||||||||||||||||||
Note: 1. Deemed interested by virtue of shares held by QL Green Resources Sdn Bhd via his and his spouse’s shareholdings of more than fifteen percent (15%) in CBG Holdings Sdn Bhd, which is a major shareholder of QL Resources Berhad (“QL”). QL holds 100% shares in QL Green Resources Sdn Bhd. | |||||||||||||||||||||||||
MAICA - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
| Company Name | MALAYSIA AICA BERHAD |
| Stock Name | MAICA |
| Date Announced | 22 Jan 2014 |
| Category | General Announcement |
| Reference No | CQ-140122-68363 |
| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
| Description | MALAYSIA AICA BERHAD (“MAICA” OR THE “COMPANY”) UNCONDITIONAL TAKE-OVER OFFER BY TER EQUITY SDN BHD (“TER” OR THE “OFFEROR”) TO ACQUIRE ALL THE ORDINARY SHARES OF RM0.50 EACH IN MAICA (“MAICA SHARES” OR “OFFER SHARES”) FOR A CASH CONSIDERATION OF RM0.85 PER OFFER SHARE (“OFFER”) |
The Board of Directors of Maica (“Board”) wishes to announce that it had this evening, received a notice of unconditional take-over offer (“Notice”) from RHB Investment Bank Berhad and Astramina Advisory Sdn Bhd, on behalf of the Offeror, to acquire all the Maica Shares for a cash consideration of RM0.85 per Offer Share. The Board would deliberate on the Notice and make the necessary announcements pursuant to Section 11(11) of the Malaysian Code on Take-Overs and Mergers, 2010 on a later date. The Board will appoint an independent adviser to advise the independent directors and non-interested shareholders of Maica, amongst others, on the merits of the Offer in due course. A copy of the Notice is attached herewith and will be posted to the shareholders of Maica within seven (7) days from the date of this Notice. This announcement is dated 22 January 2014. | |
TM - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 22 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | TM-140122-623ED |
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 | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Share of RM0.70 each |
| Name & address of registered holder | 1) Employees Provident Fund Board Tingkat 19, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur. 2) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 3) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KIB) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 4) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (HDBS) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur 5) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 6) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 7) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 8) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 9) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) 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) |
| Disposed | 16/01/2014 | 6,000,000 | |
| Disposed | 16/01/2014 | 229,100 |
| Remarks : |
| The notice was received by Telekom Malaysia Berhad on 22 January 2014. |
HIBISCS - Independent Reserves Assessment for West Seahorse ("WSH") Oil Field
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 22 Jan 2014 |
| Category | General Announcement |
| Reference No | HP-140122-9B367 |
| Type | Reply to query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | GG-140121-29139 |
| Subject | Independent Reserves Assessment for West Seahorse ("WSH") Oil Field |
| Description | Reply to Bursa Securities' Query Dated 21 January 2014 |
| Query Letter Contents | We refer to the Company's announcement dated 20 January 2014 in respect of the aforesaid matter. It is noted that the independent expert, Gaffney, Cline & Associate (GCA) has upgraded its assessment of the main WSH reservoirs from Contingent Resources to Reserves ("Upgrade in WSH Reservoirs"). In this regard, kindly furnish Bursa Securities with the following information/clarification for public release :- 1. Further details of factors/considerations that has been taken into account by GCA for the Upgrade in WSH Reservoirs; 2. Further clarity on the differences between Contingent Resources and Reserves; 3. Whether the Upgrade in WSH Reservoirs has any financial and operational impact to Hibiscus Group. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully HENG TECK HENG Vice President, Issuers Listing Division Regulation TGG c.c:- General Manager and Head, Market Surveillance, Securities Commission (via fax) |
Further to Hibiscus Petroleum Berhad’s (“Hibiscus”) announcement dated 20
January 2014 and the facsimile from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 21 January
2014 in relation to the said announcement, we set out below our responses to
the same: 1. Further details of
factors/considerations that has been taken into account by GCA for the Upgrade
in WSH Reservoirs (i.e upgraded assessment of the main West Seahorse reservoirs
from Contingent Resources to Reserves) 2. Further clarification on the
differences between Contingent Resources and Reserves REPLY TO QUERIES 1 & 2 (COMBINED) Gaffney, Cline & Associate (“GCA”) has applied
the Petroleum Resource Management System [1] (“PRMS”)
Definitions and Guidelines in re-classifying the WSH Reservoir from Contingent
Resources to Reserves. The
distinction between Contingent Resources and Reserves is based on the
definitions of discovery and commerciality including maturity of development plans,
approvals and demonstration of the company’s intent to proceed with the
project. The commercial criteria defined
in the PRMS are: Evidence to support a
reasonable timetable for development A reasonable
assessment of the future economics of such development projects meeting defined
investment and operating criteria A reasonable
expectation that there will be a market for all or at least the expected sales
quantities of production required to justify development Evidence that the
necessary production and transportation facilities are available or can be made
available Evidence that legal,
contractual, environmental and other social and economic concerns will allow
for the actual implementation of the recovery project being evaluated. In the
case of West Seahorse, it is the commerciality that has changed as the
hydrocarbons were discovered a long time ago. The two criteria that have changed the project from sub-commercial to
commercial are: 1. Approval of the Field Development Plan [2] 2. Award of the petroleum production license
VIC/L31 [3] The Field
Development Plan for the West Seahorse field is made up of multiple parts which
have been developed since Carnarvon Hibiscus Pty Ltd acquired a stake in the
concession in January 2013. The main elements the Field Development Plan are: A study of the
subsurface and the hydrocarbon resources it contains. A plan for how to
best develop the resources in place including wells, facilities and export
routes The economics for
such a development A preliminary study
of health, safety, and environment for the project A summary of
community engagement Once the regulator approves the Field Development Plan and grants the petroleum production license, the joint venture can commence implementation of the Field Development Plan to commercialize the hydrocarbons. This allows Contingent Resources to be reclassified as Reserves. The implementation of the Field Development Plan is subject to availability of financing. GCA was commissioned to provide an update to its
February 2011 Reserves and Contingent Resources Statement for the purpose of
securing debt funding for the West Seahorse project development in 2014, as the
report is required by potential lenders. With the necessary debt and equity
funding in place, the development of the project can progress as planned
towards first oil which is expected in the first half of 2015. For clarity, neither the debt nor the full
quantum of equity are currently in place but efforts are being made to achieve
Final Investment Decision as soon as possible. The
Upgrade in WSH Reservoirs is not expected to have any significant financial
impact to the Hibiscus Group for the financial year
ending 31 March 2014. [1] For more
information, please refer to : http://www.spe.org/industry/reserves.php [2] As
announced by Hibiscus on 14 November 2013 [3] As
announced by Hibiscus on 5 December 2013 | |
LATITUD - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | LATITUDE TREE HOLDINGS BERHAD |
| Stock Name | LATITUD |
| Date Announced | 22 Jan 2014 |
| Category | General Announcement |
| Reference No | CC-140122-67789 |
| Type | Announcement | |||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||||||
| Description | Pursuant to Paragraph 14.09(a) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director has notified on the change of his direct interest in the securities of the Company as set out in Table 1 hereunder: This announcement is dated 22 January 2014 | |||||||||||||||||||||||||
| ||||||||||||||||||||||||||
LATITUD - Changes in Director's Interest (S135) - Lin, Tzu-Lang
| Company Name | LATITUDE TREE HOLDINGS BERHAD |
| Stock Name | LATITUD |
| Date Announced | 22 Jan 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140122-63140 |
Information Compiled By KLSE
Particulars of Director
| Name | Lin, Tzu-Lang |
| Address | 39, Jalan SS19/4G, Subang Jaya, 47500 Selangor Darul Ehsan, Malaysia |
| 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) |
Disposed | 631,000 |
| Circumstances by reason of which change has occurred | Disposal of shares |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 10,034,375 |
| Direct (%) | 10.3226 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 22/01/2014 |
LATITUD - Changes in Sub. S-hldr's Int. (29B) - Lin, Tzu-Lang
| Company Name | LATITUDE TREE HOLDINGS BERHAD |
| Stock Name | LATITUD |
| Date Announced | 22 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140122-63734 |
Particulars of substantial Securities Holder
| Name | Lin, Tzu-Lang |
| Address | 39, Jalan SS19/4G, Subang Jaya, 47500 Selangor Darul Ehsan, Malaysia |
| NRIC/Passport No/Company No. | 305671517 |
| Nationality/Country of incorporation | Taiwanese |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Lin Tzu Lang of 39 Jalan SS19/4G, Subang Jaya, 47500 Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 21/01/2014 | 631,000 |
AKNIGHT - Changes in Director's Interest (S135) - Andrew Su Meng Kit
| Company Name | ASIA KNIGHT BERHAD |
| Stock Name | AKNIGHT |
| Date Announced | 22 Jan 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CT-140122-7021D |
Information Compiled By KLSE
Particulars of Director
| Name | Andrew Su Meng Kit |
| Address | 7 Jalan SS22/42, Damansara Jaya, 47400 Petaling Jaya, Selangor |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1/- each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 90,000 | 1.130 |
| Circumstances by reason of which change has occurred | Disposal of Shares |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 0 |
| Direct (%) | 0 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 22/01/2014 |
| Remarks : |
| 1. This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 2. The above disposal represents 0.2% of the total issued and paid-up capital of RM45,813,200.00 divided into 45,813,200 Ordinary Shares of RM1.00 each. 3. This notice was received on 16 January 2014. |
PENSONI - PENSONI-Renounceable rights issue of 64,834,000 warrants at an issue price of RM0.10 per rights warrants on the basis of 1 rights warrant for every 2 ordinary shares of RM0.50 each in PENSONI held ("Rights Issue of Warrants")
| Company Name | PENSONIC HOLDINGS BERHAD |
| Stock Name | PENSONI |
| Date Announced | 22 Jan 2014 |
| Category | Listing Circular |
| Reference No | ZO-140122-34304 |
LISTING'S CIRCULAR NO. L/Q : 69706 OF 2014
Kindly be advised that PENSONI’s 64,834,000 warrants issued pursuant to the Rights Issue of Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad ("Bursa Securities") and the listing and quotation of the Warrants on the Main Market under the "Industrial Product" sector on a "Ready" basis pursuant to the Rules of Bursa Securities will be granted with effect from 9.00 a.m., Thursday, 23 January 2014.
The Stock Short Name, Stock Number and ISIN Code of the Warrants are "PENSONI-WB", "9997WB" and "MYL9997WBY12" respectively.
No comments:
Post a Comment