January 3, 2014

Company announcements: PARKSON, WZSATU, PRKCORP

PARKSON - 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 NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced3 Jan 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoPH-140103-B1292

Date of buy back from20/12/2013
Date of buy back to31/12/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)6,017,400
Minimum price paid for each share purchased ($$)2.720
Maximum price paid for each share purchased ($$)3.020
Total amount paid for shares purchased ($$)17,179,909.07
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)6,017,400
Total number of shares retained in treasury (units)28,070,031
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies03/01/2014
Lodged by Parkson Holdings Berhad


PARKSON - OTHERS Parkson Retail Group Limited - Next Day Disclosure Return (Share buybacks)

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced3 Jan 2014  
CategoryGeneral Announcement
Reference NoPH-140103-B1293

TypeAnnouncement
SubjectOTHERS
DescriptionParkson Retail Group Limited
- Next Day Disclosure Return (Share buybacks)
We attach herewith the Next Day Disclosure Return (Share buybacks) submitted to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 3 January 2014 by Parkson Retail Group Limited (“PRGL”), a 51.59% owned subsidiary of the Company listed on The HKEx, following the repurchase by PRGL of 2,000,000 ordinary shares of HK$0.02 each made on The HKEx at the highest price paid of HK$2.45 and the lowest price paid of HK$2.41 on 3 January 2014.


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

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced3 Jan 2014  
CategoryGeneral Announcement
Reference NoPH-140103-B195B

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPARKSON HOLDINGS BERHAD (“PHB” OR THE “COMPANY”)

ACQUISITION OF THE ENTIRE EQUITY INTEREST IN CORPORATE CODE SDN BHD WHICH WOULD IN TURN ACQUIRE THE EQUITY INTEREST IN THE WATATIME GROUP OF COMPANIES (AS DEFINED BELOW)
(Announcement pursuant to paragraphs 9.19(23) and 10.05(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad)
The Board of Directors of PHB wishes to announce that the Company had on 2 January 2014 acquired a newly incorporated dormant company namely, Corporate Code Sdn Bhd (“CCSB”) with 2 ordinary shares of RM1.00 each, for a cash consideration of RM2.00. As such, CCSB became a wholly-owned subsidiary of the Company on 2 January 2014.
      CCSB had on 2 January 2014 entered into the following agreements in connection with the acquisition of the equity interest in the Watatime Group of Companies:

      (i) Share Sale Agreement (“SSA”) with Mr Yong Chon Hua @ Yong Yong Thiam (“YCH”) and Madam Fong Sau Ying (“FSY”) (collectively, “Vendors”) for the acquisition of the Vendors’ entire equity interest in each of the companies within the Watatime Group of Companies representing 50% equity interest each (with the exception of Watatime (Subang) Sdn Bhd and Watatime (M) Sdn Bhd for which CCSB is acquiring 31.07% and 39.42% respectively) (“Sale Shares”) for a total cash consideration of RM15 million (“Purchase Price”). The remaining 50% shares in the Watatime Group of Companies (with the exception of Watatime (Subang) Sdn Bhd and Watatime (M) Sdn Bhd) are owned by W Time Sdn. Bhd. (“WTSB”).
      (ii) Put and Call Option Agreement (“PCOA”) with WTSB whereby;
          (a) CCSB has a call option to acquire a further 20% of the then issued and paid-up capital in each of the companies within the Watatime Group of Companies (with the exception of Watatime (Subang) Sdn Bhd and Watatime (M) Sdn Bhd for which the option shares are such number of shares which together with the shares held directly and indirectly by CCSB gives CCSB an effective 70% equity stake) for RM8.2 million (“Call Option Price”) (“Call Option”). The Call Option is exercisable within an option period of one year commencing immediately after the fifth anniversary of the PCOA. The indicative call option fee is RM3.2 million (“Indicative Option Fee”); and
          (b) Subject to CCSB exercising its call option, WTSB has the put option to require CCSB to purchase its remaining 30% equity interest in the Watatime Group of Companies for the price equal to the net tangible assets (“NTA”) of the Watatime Group of Companies as at the end of the month immediately preceding the exercise of the put option (“Put Option Price”) (“Put Option”). The Put Option is exercisable within three periods of three months each,
              (aa) the first commencing immediately after the eleventh anniversary of the PCOA;
              (bb) the second commencing immediately after the sixteenth anniversary of the PCOA; and
              (cc) the third commencing immediately after the twenty first anniversary of the PCOA.
      The full text of the announcement is attached herewith.

Attachments

PHB Announcement.pdf
172 KB



PARKSON - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced3 Jan 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoPH-140103-BECDB

Date of buy back03/01/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)135,500
Minimum price paid for each share purchased ($$)2.800
Maximum price paid for each share purchased ($$)2.860
Total consideration paid ($$)387,945.75
Number of shares purchased retained in treasury (units)135,500
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)28,504,131
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 (%)2.61


WZSATU - Changes in Sub. S-hldr's Int. (29B) - Tengku Dato' Uzir Bin Tengku Ubaidillah

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced3 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140103-E5B7B

Particulars of substantial Securities Holder

NameTengku Dato' Uzir Bin Tengku Ubaidillah
AddressNo. 42, Jalan Medang Tanduk
Bukit Bandaraya
59100 Kuala Lumpur
NRIC/Passport No/Company No.590610-06-5171
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderTengku Dato' Uzir Bin Tengku Dato' Ubaidillah
No. 42 Jalan Medang Tanduk
Bukit Bandaraya
59100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/01/2014
60,000
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect
Direct (units)27,099,095 
Direct (%)24.64 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change27,099,095
Date of notice03/01/2014


WZSATU - Changes in Director's Interest (S135) - Tengku Dato' Uzir Bin Tengku Ubaidillah

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced3 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140103-E5B7A

Information Compiled By KLSE

Particulars of Director

NameTengku Dato' Uzir Bin Tengku Ubaidillah
AddressNo. 42, Jalan Medang Tanduk
Bukit Bandaraya
59100 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
03/01/2014
60,000
 

Circumstances by reason of which change has occurred
Nature of interestDirect
Consideration (if any)51,625 

Total no of securities after change

Direct (units)27,099,095 
Direct (%)24.64 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice03/01/2014


WZSATU - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced3 Jan 2014  
CategoryGeneral Announcement
Reference NoCS-140103-E5B7C

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Chapter 14.09(a) of Bursa Malaysia's Main Market Listing Requirements on Dealing in Securities, the following Director of WZ Satu Berhad (fka: WZ Steel Berhad)("WZSatu") had transacted in securities of WZSatu outside closed period, as set out in Table 1 below.


Name of Director: Tengku Dato' Uzir Bin Tengku Dato' Ubaidillah

Type of Securities
Date Transacted
Price Transacted Per Share
Acquisition/(Disposal)
% of securities acquired or disposed of
Total number of securities held after acquisition or disposal
Ordinary Shares
Direct Interest

03.01.2014
RM0.8604

60,000

0.05%

27,099,095

This announcement is dated 3 January 2014.


WZSATU - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD (Amended Announcement)

Announcement Type: General Announcement
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced3 Jan 2014  
CategoryGeneral Announcement
Reference NoCS-140103-E41F3

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description
Pursuant to Chapter 14.09(a) of Bursa Malaysia's Main Market Listing Requirements on Dealing in Securities, the following Director of WZ Satu Berhad (fka: WZ Steel Berhad)("WZSatu") had transacted in securities of WZSatu outside closed period, as set out in Table 1 below.
Name of Director: Tengku Dato' Uzir Bin Tengku Dato' Ubaidillah

Type of Securities
Date Transacted
Price Transacted Per Share
Acquisition/(Disposal)
% of securities acquired or disposed of
Total number of securities held after acquisition or disposal
Ordinary Shares
Direct Interest

30.12.2013
31.12.2013
RM0.8533
RM0.8500
234,500
50,000
0.21%
0.05%
26,989,095
27,039,095

The total number of securities held after acquisition of 50,000 ordinary shares is 27,039,095 instead of 27,039,005 as announced yesterday.


PRKCORP - PRKCORP-SUSPENSION OF TRADING

Announcement Type: Listing Circular
Company NamePERAK CORPORATION BERHAD  
Stock Name PRKCORP  
Date Announced3 Jan 2014  
CategoryListing Circular
Reference NoYL-140103-59258

LISTING'S CIRCULAR NO. L/Q : 69601 OF 2014


    Kindly be advised that at the request of the above Company, trading in its shares will be suspended with effect from 9.00 a.m., Monday, 6 January 2014 pending an announcement.


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