Company announcements: PETONE, SUPERLN, PRDUREN, EKOVEST

PETONE - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN

Announcement Type: General Announcement

Company Name	PETROL ONE RESOURCES BERHAD
Stock Name	PETONE
Date Announced	29 Jan 2014
Category	General Announcement
Reference No	MM-140129-44632

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	PETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”) - EXTENSION OF TIME TO SUBMIT THE REGULARISATION PLAN
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the Company’s announcements dated 29 August 2013, 30 August 2013, 25 September 2013, 15 November 2013, 24 December 2013 and 31 December 2013. Reference is made to the announcement dated 24 December 2013, wherein PIVB had on behalf of the Board, submitted an application to Bursa Securities, seeking its approval for a further extension of time of three (3) months up to 28 March 2014 for the Company to submit the regularisation plan to the regulatory authorities (“Application”). Pursuant thereto, on behalf of the Board, PIVB wishes to announce that Bursa Securities has vide its letter dated 28 January 2014 (which was received on 29 January 2014), approved the Application and granted the Company an extension of time of three (3) months up to 28 March 2014, to submit a regularisation plan to the regulatory authorities. The aforesaid extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of PETONE and to de-list the Company in the event: (i) the Company fails to submit a regularisation plan to the regulatory authorities on or before 28 March 2014; (ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and (iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities. Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of PETONE on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting. This announcement is dated 29 January 2014.

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SUPERLN - SUPERLN - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular

Company Name	SUPERLON HOLDINGS BERHAD
Stock Name	SUPERLN
Date Announced	29 Jan 2014
Category	Listing Circular
Reference No	RN-140128-40793

LISTING'S CIRCULAR NO. L/Q : 69758 OF 2014

A first interim dividend of 1.25 sen per ordinary share, tax exempt under single-tier system in respect of the financial year ending 30 April 2014.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 14 February 2014 ]

2) The last date of lodgement : [ 18 February 2014 ]

3) Date Payable : [ 7 March 2014 ]

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PRDUREN - Changes in Sub. S-hldr's Int. (29B) - Puan Sri Datin Saw Geok Ngor

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	PERDUREN (M) BERHAD
Stock Name	PRDUREN
Date Announced	29 Jan 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	PP-140127-38274

Particulars of substantial Securities Holder

Name	Puan Sri Datin Saw Geok Ngor
Address	No. 47, 6th Floor, Jalan 1/116B, Kuchai Entrepreneurs Park, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
NRIC/Passport No/Company No.	620918-10-6114
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary shares of RM1.00 each
Name & address of registered holder	RHB Nominees (Tempatan) Sdn Bhd 10th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur Beneficiary: TS Law Group Sdn Bhd

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	28/01/2014	687,314

Circumstances by reason of which change has occurred	Pursuant to acceptances made by existing shareholders of Perduren (M) Berhad of the conditional take-over offer made by Hong Leong Investment Bank Berhad on behalf of TS Law Group Sdn Bhd
Nature of interest	Indirect interest held through TS Law Group Sdn Bhd in which Puan Sri Datin Saw Geok Ngor and her husband Tan Sri Dato' Law Tien Seng have 100% controlling interests by virtue of section 6A (4) of the Companies Act, 1965
Direct (units)	0
Direct (%)	0
Indirect/deemed interest (units)	74,748,201
Indirect/deemed interest (%)	55.4
Total no of securities after change	74,748,201
Date of notice	29/01/2014

Remarks :

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PRDUREN - Changes in Sub. S-hldr's Int. (29B) - TS Law Group Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	PERDUREN (M) BERHAD
Stock Name	PRDUREN
Date Announced	29 Jan 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	PP-140127-36763

Particulars of substantial Securities Holder

Name	TS Law Group Sdn Bhd
Address	No. 47, 5th Floor, Jalan 1/116B, Kuchai Entrepreneurs Park, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
NRIC/Passport No/Company No.	280397-V
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM1.00 each
Name & address of registered holder	RHB Nominees (Tempatan) Sdn Bhd 10th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur Beneficiary: TS Law Group Sdn Bhd

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	28/01/2014	687,314

Circumstances by reason of which change has occurred	Pursuant to acceptances made by existing shareholders of Perduren (M) Berhad of the conditional take-over offer made by Hong Leong Investment Bank Berhad on behalf of TS Law Group Sdn Bhd
Nature of interest	Direct
Direct (units)	74,748,201
Direct (%)	55.4
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	74,748,201
Date of notice	29/01/2014

Remarks :

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EKOVEST - MULTIPLE PROPOSALS

Announcement Type: General Announcement

Company Name	EKOVEST BERHAD
Stock Name	EKOVEST
Date Announced	29 Jan 2014
Category	General Announcement
Reference No	MB-140128-39210

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	EKOVEST BERHAD ("EKOVEST" OR THE “COMPANY") - PROPOSED ACQUISITION; - PROPOSED SHARE SPLIT; - PROPOSED RIGHTS ISSUE WITH WARRANTS; - PROPOSED ESOS; AND - PROPOSED AMENDMENTS TO M&A (COLLECTIVELY THE “PROPOSALS”)
On behalf of the Board of Directors of Ekovest, AmInvestment Bank Berhad wishes to announce that the Company proposes to undertake the following:- (i) proposed acquisition by:- (a) Wira Kristal Sdn Bhd (“Wira Kristal”), a wholly-owned subsidiary of Ekovest, of 1,500,000 ordinary shares of RM1.00 each in Nuzen Corporation Sdn Bhd (“Nuzen”) and 13,500,000 redeemable preference shares of RM1.00 each in Nuzen representing the remaining 30% equity interest in Nuzen not held by Wira Kristal; (b) Ekovest Construction Sdn Bhd, a wholly-owned subsidiary of Ekovest, of 585 Series A redeemable preference shares of RM1.00 each in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (“Kesturi”); and (c) Ekovest of RM54,000,000 nominal value redeemable secured junior bonds in Kesturi, from Malaysian Resources Corporation Berhad (“MRCB”) for a total cash purchase consideration of RM228.0 million (“Proposed Acquisition”); (ii) proposed share split involving the subdivision of every one (1) existing ordinary share of RM1.00 each in Ekovest held by the entitled shareholders of the Company on an entitlement date to be determined later into two (2) new ordinary shares of RM0.50 each in Ekovest ("Ekovest Shares") ("Proposed Share Split"); (iii) proposed renounceable rights issue of 244,413,960 new Ekovest Shares (“Rights Shares”) together with 122,206,980 free detachable warrants (“Warrants”) at an issue price to be determined later on the basis of two (2) Rights Shares together with one (1) free Warrant for every five (5) existing Ekovest Shares held after the Proposed Share Split on an entitlement date to be determined later (“Proposed Rights Issue With Warrants”); (iv) proposed establishment of an employees’ share option scheme (“ESOS”) of up to fifteen percent (15%) of the issued and paid-up share capital of Ekovest (“Proposed ESOS”); and (v) proposed amendments to the Company’s Memorandum and Articles of Association to facilitate the Proposed Share Split (“Proposed Amendments to M&A”); (collectively referred to as the “Proposals”). A conditional share sale agreement (“SSA”) had been entered into with MRCB on 29 January 2014 for the aforementioned Proposed Acquisition. Further details on the Proposals are set out in the attachment below. This announcement is dated 29 January 2014.

Attachments Ekovest Berhad - Proposals.pdf 538 KB

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