January 2, 2014

Company announcements: UMW, TIMECOM, HYTEXIN, PRTASCO, AXREIT, IQGROUP, ICAP, YTLREIT, ALAQAR

UMW - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameUMW HOLDINGS BERHAD  
Stock Name UMW  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoUH-140102-61834

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF Act 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 Each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165, Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed26/12/2013
1,552,700
 
Acquired26/12/2013
55,000
 

Circumstances by reason of which change has occurredDisposal and acquisition of shares
Nature of interestIndirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%)14.99 
Total no of securities after change175,173,904
Date of notice27/12/2013

Remarks :
Form 29B was received on 2nd January 2014.


TIMECOM - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIME DOTCOM BERHAD  
Stock Name TIMECOM  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTD-140102-21384

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19
Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42
Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/12/2013
300,000
 

Circumstances by reason of which change has occurredAcquisition of shares in open market
Nature of interestDirect interest
Direct (units)30,071,600 
Direct (%)5.247 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change30,071,600
Date of notice30/12/2013

Remarks :
Form 29B was received by the Company on 2 January 2014.


HYTEXIN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCS-140102-482D7

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”)
- WRIT OF DISTRESS BY TODAY PROGRESS SDN BHD (“TPSB”) AGAINST HYTEX GARMENTS (M) SDN BHD (“HGSB”), A WHOLLY-OWNED SUBSIDIARY OF HIB
Further to the Company’s announcement dated 18 December 2013, the Company wishes to announce that HGSB has filed a Notice of Application to the Selayang Magistrates Court ("the Court") on 30 December 2013 to stay the execution of the Writ of Distress. HGSB’s appointed solicitors has met the Magistrate of the Court for a hearing on 30 December 2013 and the Magistrate has granted an Order to stay the execution of the Writ of Distress for the duration of the Restraining Order which was obtained in the Kuala Lumpur High Court on 20 December 2013. HGSB was also ordered to pay the fee of the auctioneer and the guards employed estimated at RM3,000.00.
The judgement by the Court is not expected to have any impact on the financial and operational matters of the HIB Group.

This announcement is dated 2 January 2014.


PRTASCO - OTHERS SHAREHOLDERS AGREEMENT BETWEEN ASDION BERHAD AND PROTASCO DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PROTASCO BERHAD (“SHA”)

Announcement Type: General Announcement
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCA-140102-59619

TypeAnnouncement
SubjectOTHERS
DescriptionSHAREHOLDERS AGREEMENT BETWEEN ASDION BERHAD AND PROTASCO DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PROTASCO BERHAD (“SHA”)

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 2 September 2013 in relation to the SHA.

Reference is made to the Company’s announcement dated 2 September 2013 and its previous announcements in relation to the SHA.

The Company wishes to announce that its subsidiary, Protasco Development Sdn Bhd had via an exchange of letter dated 29 December 2013 with Asdion Berhad (which was accepted by Asdion Berhad on 2 January 2014), mutually agreed to extend the Cut-Off Date for a period of approximately two months from 31 December 2013 up to 28 February 2014 to enable the Parties to fulfill their respective obligations under the Conditions Precedent as set out in the SHA.

This announcement is dated 2 January 2014.



AXREIT - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140102-23C4B

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionChange in Unitholdings of Director During Closed Period
Axis REIT Managers Berhad ("ARMB" or "Manager"), the management company of Axis Real Estate Investment Trust ("Axis-REIT") wishes to inform that the Manager has received a notification from Dato' George Stewart LaBrooy, the Chief Executive Officer/Executive Director of ARMB, on the change to his unitholdings in Axis-REIT, the details as follows:-
Particulars
Direct Interest
Indirect Interest
Date of Transfer*
31/12/2013
-
Consideration Price/Unit
Not Applicable
-
No. of Units Transferred (%)
(20,000) (Neg)
-
Balance no. of Units (%)
170,600 (0.04)
-
Note: *The units in Axis-REIT were transferred to his spouse (for love and affection).

This announcement is dated 2 January 2014.


IQGROUP - OTHERS IQ GROUP HOLDINGS BERHAD ("IQGHB" OR "THE COMPANY") Subscription of additional shares in SILQ (Malaysia) Sdn. Bhd.

Announcement Type: General Announcement
Company NameIQ GROUP HOLDINGS BERHAD  
Stock Name IQGROUP  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCP-131231-37729

TypeAnnouncement
SubjectOTHERS
DescriptionIQ GROUP HOLDINGS BERHAD ("IQGHB" OR "THE COMPANY")
Subscription of additional shares in SILQ (Malaysia) Sdn. Bhd.

The Board of Directors of IQGHB wishes to announce that the Company has, on 2 January 2014, subscribed for an additional of 502,500 ordinary shares of RM1.00 each in the capital of SILQ (Malaysia) Sdn. Bhd. (Company No. 870706-T) (“SILQ”) for a total cash consideration of RM502,500.00 only (“Subscription”). Upon this Subscription, the shareholdings of IQGHB in SILQ increased to 4,502,500 ordinary shares of RM1.00 each representing 51% of the entire issued and paid-up share capital of SILQ.  

SILQ incorporated in Malaysia on 2 September 2009 is presently carry on the business of development, design manufacture, sales and distribution of Light Emitting Diode (“LED”) Luminaires and manufacturing of light engines for luminaires. The authorised share capital of SILQ is RM10,000,000.00 divided into 10,000,000 ordinary shares of RM1.00 each. The total issued and paid-up capital of SILQ after the Subscription stands at RM8,750,000.00 comprising 8,750,000 ordinary shares of RM1.00 each, with details as follow:-

 

Before subscription

After subscription

Shareholders of SILQ

Number of shares

Percentage (%)

Number of shares

Percentage (%)

IQGHB

4,000,000

50%

4,502,500

51%

SemiLEDs Optoelectronics Co. Ltd.

4,000,000

50%

4,247,500

49%

Total

8,000,000

100%

8,750,000

100%

Upon this Subscription, both shareholders of SILQ are desirous to enter into a new Joint Venture Agreement (“JV Agreement”) to regulate the conduct of the affairs of SILQ and to supersede the earlier JV Agreement entered into on 28 August 2009. The Board of Directors of the Company will make the necessary announcement on the new JV Agreement upon signing of the said agreement.

None of the Directors and major shareholders of the Company and persons connected with them, has any direct or indirect interest in the Subscription.

This announcement is dated 2 January 2014.



ICAP - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameICAPITAL.BIZ BERHAD  
Stock Name ICAP  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCK-131231-39624

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionOn behalf of the Board of icapital.biz Berhad, we wish to announce that the Net Asset Value per share of icapital.biz Berhad as at 31 December 2013 was RM3.01.



YTLREIT - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameYTL HOSPITALITY REIT  
Stock Name YTLREIT  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoMB-140102-59182

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionYTL HOSPITALITY REIT (FORMERLY KNOWN AS STARHILL REAL ESTATE INVESTMENT TRUST) (“TRUST”)

(I) PROPOSED PLACEMENT OF NEW UNITS IN YTL HOSPITALITY REIT (“PLACEMENT UNITS”), AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM800 MILLION (“PROPOSED PLACEMENT”);

(II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF YTL HOSPITALITY REIT FROM 1,324,388,889 UNITS UP TO A MAXIMUM OF 2,125,000,000 UNITS (“PROPOSED INCREASE IN FUND SIZE”); AND

(III) PROPOSED INCREASE IN BORROWING LIMIT TO 60% OF TOTAL ASSET VALUE (“PROPOSED INCREASE IN BORROWING LIMIT”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the announcements dated 14 June 2013 and 28 June 2013 (“Announcements”) in relation to the Proposals. Unless otherwise stated, definitions used herein shall have the same meaning as those defined in the Announcements.
On behalf of the Board of the Manager, AmInvestment Bank wishes to announce that the SC had vide its letter dated 30 December 2013 (which was received on 31 December 2013) granted its approval for the following:

(i) the Proposed Increase in Fund Size for the purpose of the Proposed Placement;
(ii) the listing of, and quotation for, the Placement Units on the Main Market of Bursa Securities; and
(iii) the exemption from complying with Paragraphs 14.04(a)(i), (ii) and (iii) of the REIT Guidelines in relation to the Proposed Placement.

The approval by the SC is subject to the following conditions:

(A) In relation to the Placement Units:

(i) The Manager and its adviser are required to inform SC prior to the listing of the Placement Units:

(a) the actual number of units issued;
(b) the date of issuance of the units; and
(c) the date of listing of, and the quotation for, the Placement Units on the Main Market of Bursa Securities; and

(ii) The issuance of the Placement Units and the listing of the Placement Units on the Main Market of Bursa Securities must be completed within six (6) months from the date of SC’s approval. The approval is deemed to lapse if the Trust fails to do so within the stipulated time frame.

(B) In relation to the exemption from Paragraphs 14.04(a)(i), (ii) and (iii) of the REIT Guidelines, the Placement Units must also not be offered to:

(i) Nominees of interested persons of the Manager; and
(ii) Nominee companies, unless the names of the ultimate beneficiaries are disclosed.


This announcement is dated 2 January 2014.


ALAQAR - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAL-`AQAR HEALTHCARE REIT  
Stock Name ALAQAR  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoJC-140101-97986

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak
Peti Surat 11025
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)REIT units of RM 1.00 each
Name & address of registered holderMaybank Asset Management Sdn Bhd
Level 12 Tower C Dataran Maybank
No 1 Jln Maarof
59000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired26/12/2013
80,000
 
Acquired27/12/2013
172,000
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change59,385,956
Date of notice31/12/2013

Remarks :
The notice dated 31 December 2013 was received on 1 January 2014 via fax.


ALAQAR - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameAL-`AQAR HEALTHCARE REIT  
Stock Name ALAQAR  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoJC-140102-414F9

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionThe NAV per unit of AL-AQAR HEALTHCARE REIT as at 31st December 2013 is RM 1.1751

This announcement is dated 2 January 2014


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