DIALOG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | DIALOG GROUP BERHAD |
| Stock Name | DIALOG |
| Date Announced | 7 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DG-140207-7F1D6 |
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 shares of RM0.10 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd 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 | 04/02/2014 | 258,500 |
| Remarks : |
| Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 258,500 shares) - 272,542,594 shares Employees Provident Fund Board - 1,500,000 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 1,815,054 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 6,263,800 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 12,959,667 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 11,685,000 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 16,487,820 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 2,600,000 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 630,000 shares Total No. of shares - 326,483,935 shares |
HEXAGON - MATERIAL LITIGATION
| Company Name | HEXAGON HOLDINGS BHD |
| Stock Name | HEXAGON |
| Date Announced | 7 Feb 2014 |
| Category | General Announcement |
| Reference No | CM-140207-61563 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | HEXAGON HOLDINGS BERHAD (“HHB” or “the Company”) Writ and Statement of Claim by Hong Leong Bank Berhad (previously EON Bank Berhad) (“HLB”) |
Further to the announcements made on 27 November 2013 and 17 December 2013, the Board of Directors of Hexagon Holdings Berhad (“HHB”) wishes to announce that on 7 February 2014, a Writ of Summon and Statement of Claim dated 29 January 2014 had been served on HHB, by Messrs Skrine (“the Solicitor”) acting for Hong Leong Bank Berhad (“HLB”) demanding payment of a sum of RM615,305.70 as at 31 December 2013 due and owing under the Facility granted by HLB together with the interest rate of 3.50% per annum above HLB’s Base Lending Rate (“BLR”) on monthly rest from 1 January 2014 till the date of full settlement. The Court has further fixed this matter for Case Management on 6 March 2014. HHB is in the midst of seeking legal advice to defend against the aforesaid Demand. If the Demand would subsequently crystallize, the potential liabilities would have financial and operation impact to the Company. Further announcement on the material development of the above matter will be made in due course. This announcement is dated 7 February 2014. | |
LBICAP - OTHERS Acquisition of a Subsidiary Company and Acquisition of Land
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 7 Feb 2014 |
| Category | General Announcement |
| Reference No | CN-140207-70DD0 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Acquisition of a Subsidiary Company and Acquisition of Land |
1. Introduction The Board of Director of LBI Capital Bhd (“the Company”) is pleased to announce that the Company has, on 7 February 2014 acquired two (2) ordinary shares of RM1.00 each in Haba Equity Sdn Bhd (“HESB”) (Company No.: 1048966 T) for a total consideration of Ringgit Malaysia Two (RM2.00) only which represent 100% of the total issued and paid-up capital of HESB. On the same day, the Company will further subscribe for 49 ordinary shares of RM1.00 each in HESB at par, representing a 51% equity interest in HESB (include existing share). The balance of share of 49% equity interest will be subscribe by Pasifik Meranti Sdn Bhd (“PMSB”) (Company No.: 265508 K). 2. Information on HESB HESB was incorporated in Malaysia on 6 June 2013 as private limited company. Its principal activity is property development. Its authorised capital as at todate is Ringgit Malaysia One Hundred Thousand (RM100,000.00) divided into 100,000 ordinary shares of RM1.00 each, whereas its issued and paid-up share capital is Ringgit Malaysia One Hundred (RM100.00) divided into One Hundred (100) ordinary shares of RM1.00 each. The authorized and paid-up capital of HESB will be increased to RM500,000.00 comprising 500,000 ordinary shares of RM1.00 each, of which the LBI will maintained its 51% equity interest whereas PMSB will holds the balance equity. 3. Acquisition of Land by HESB HESB, a 51% owned subsidiary of LBI, had on 7 February 2014 entered into a Sale and Purchase Agreement (“SPA”) with Lonnix (M) Sdn Bhd (Company No.: 269246-T) of No. 535, Jalan Merdeka, Taman Melaka Raya, 75000 Melaka (“the Vendors”) for the acquisition of two (2) parcels of leasehold land measuring approximately 4.36 acres in total, held under Hakmilik No. PM1350, Lot 8587 and Hakmilik No. PM1351, Lot 4992, both of Mukim Bukit Baru & Daerah Melaka Tengah, Negeri Melaka (“the said land”), for a total cash consideration of RM6,630,000.00. 3.1 Details of the Proposed Acquisition Pursuant to the SPA, the total cash consideration of RM6,630,000.00 to be satisfied in cash by HESB in the following manner:- (a) A sum of RM132,600.00 (2%) paid by HESB to the Vendors upon execution of the acceptance of letter of offer and balance of RM530,400.00 (8%) to be paid to the Vendor’s Solicitor upon execution of SPA which will be released to the Vendor by Vendor’s Solicitor upon obtaining the Consent for Transfer of the said land; and (b) the balance of RM5,967,000.00 (90%) shall be paid by HESB to the Vendors Solicitors within the period of 3 months from the date of receipt by HESB’s Solicitors of a copy of Consent for transfer from the Vendor’s Solicitors, failing which the Vendors shall grant to HESB an extension of 1 month to complete the transaction provided always that HESB shall pay interest at the interest rate of 8% per annum on all sum remaining outstanding. 3.2 Basis of purchase consideration The purchase consideration was based on a “willing-buyer willing-seller” basis. 3.3 Mode of satisfaction of the purchase consideration The purchase consideration will be satisfied by way of cash from internally generated funds and bank borrowing. 3.4 Information on the Land The said land are leasehold land comprising two (2) individual titles measuring approximately 4.36 acres held under Hakmilik No. PM1350, Lot 8587 and Hakmilik No. PM1351, Lot 4992, both of Mukim Bukit Baru & Daerah Melaka Tengah, Negeri Melaka (“the said land”). Land held under Lot 8587 measuring 3004 meter square is expiring on 21 Sept 2099 with residential building status whereas Lot 4992 measuring 14,660 meter square is expiring on 21 April 2096 with commercial building status. The said land is accessible through Leboh Ayer Keroh and Jalan Graha Makmur, Melaka and located in a matured area and within walking distance to AEON, Ayer Keroh, Melaka, Majlis Bandaraya Melaka Bersejarah, Kompleks Mahkamah Melaka and Pantai Medical Centre Melaka. 4. INFORMATION OF VENDOR Lonnix (M) Sdn Bhd was incorporated in Malaysia on 7 July 2005 as private limited company. Its principal activity is manufacture and trading of pharmaceutical and health related products. Its authorised capital is Ringgit Malaysia Five Hundred Thousand (RM500,000.00) divided into 500,000 ordinary shares of RM1.00 each, whereas its issued and paid-up share capital is Ringgit Malaysia Five Hundred (RM500,000.00) divided into Five Hundred Thousand (500,000) ordinary shares of RM1.00 each. 5. COST OF INVESTMENT The original cost of investment(s) is not available at this point of time. 6. RATIONALE The property acquisition is to enhance LBI’s property development activities. HESB plans to develop the said land into mixed usage comprising residential and commercial building within the next five years. The acquisition will increased the development land of the Group and will contribute higher earnings in the future. 7. RISKS 7.1 Business Risk The inherent risk of the property development sector include shortages of building material, building material cost increases, labour costs, shortages of labour including foreign workers, slow collection and availability of bank borrowings. Although LBI Group seeks to limit these risks, no assurance can be given that any change in these factors will not have a material adverse impact on the LBI Group. 7.2 Competition Despite the government’s stimulus packages to stimulate consumer demand as well as the current low mortgage rates environment, the property market normally would subject to fluctuation in buyer sentiment and supply condition in a particular area where the property is located. 7.3 Delay In Completion Of Projects Development projects are subject to various regulatory approvals and the completion of development projects on time is dependent on many external factors, such as uninterrupted adequate labour supply by the contractors, weather conditions, obtaining the regulatory approvals as scheduled, securing construction materials in adequate amounts, favourable credit terms and satisfactory performance of building contractors which may be appointed to complete the development project. There can be no assurance that these factors will not lead to unforeseen significant delays in completion of the project. These delays may have a direct impact on LBI Group’s future profitability. 8. EFFECTS OF THE PROPOSED ACQUISITION 8.1 Share Capital There will be no effect to the share capital of LBI as the Proposed Acquisition is entirely satisfied by cash and does not involve any new issuance of new ordinary shares in LBI. 8.2 Earnings The development prospects of the Property pursuant to the Proposed Acquisition are expected to contribute positively to the earnings of LBI Group in the future. However, at this juncture, LBI is not able to determine the extent of the earnings contribution resulting from the Proposed Acquisition. 8.3 Substantial Shareholders There will not be any effect to the substantial shareholders of the Company as the Proposed Acquisition does not involve any new issuance of LBI Shares. 8.4 Net Tangible Asset (“NTA”) There will be no effect to the NTA position of the Company as the Proposed Acquisition will be satisfied entirely via cash. 9. APPROVALS The Proposed Acquisition is not subject to shareholder approval. 10. DEPARTURE FROM THE SC GUIDELINES To the best knowledge of the Board, the Proposed Acquisition does not have any departure from the SC Guidelines. 11. DIRECTORS AND MAJOR SHAREHOLDERS INTERESTS None of the directors, major shareholders and/or any person connected with them have any interest, direct or indirect, in the Proposed Acquisition. 12. DIRECTORS RECOMMENDATION The Board of LBI is of the opinion that the Proposed Acquisition is in the best interest of the LBI Group. 13. DOCUMENTS FOR INSPECTION The SPA may be inspected at the registered office of LBI at Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 7 February, 2014.
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GADANG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 7 Feb 2014 |
| Category | General Announcement |
| Reference No | GH-140207-42071 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | GADANG HOLDINGS BERHAD ("GADANG" OR THE "COMPANY") SALE OF PROPERTIES TO RELATED PARTIES UNDER THE ORDINARY COURSE OF BUSINESS |
The Board of Directors of Gadang wishes to announce that Natural Domain Sdn Bhd ("NDSB"), a wholly-owned subsidiary of Gadang Land Sdn Bhd, which in turn is a wholly-owned subsidiary of the Company, had on 7 February 2014 entered into separate sale and purchase agreements with Pesatria Sdn Bhd, Globe Leigh Coatings (M) Sdn Bhd, Mr Boey Tak Kong and Mr Ling Hock Hing ("Related Parties"), for the proposed sale of the condominiums developed by NDSB within its property development project known as "the Vyne" in Sungai Besi ("Properties") ("Related Party Transactions"). Please refer to the attachment for further details in relation to the Related Party Transactions.
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ITRONIC - Changes in Director's Interest (S135) - Yip Wai Man Raymond
| Company Name | INDUSTRONICS BERHAD |
| Stock Name | ITRONIC |
| Date Announced | 7 Feb 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140207-A6A86 |
Information Compiled By KLSE
Particulars of Director
| Name | Yip Wai Man Raymond |
| Address | Block C-15-16, No. 3 Jalan Tropicana Selatan Pangsapuri Bayu Puteri PJU 3, 47301 Petaling Jaya Selangor Darul Ehsan |
| 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) |
Disposed | 159,700 | 0.570 |
| Circumstances by reason of which change has occurred | Disposal of shares via open market transaction |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 0 |
| Direct (%) | 0 |
| Indirect/deemed interest (units) | 0 |
| Indirect/deemed interest (%) | 0 |
| Date of notice | 07/02/2014 |
| Remarks : |
| The total percentage of shares disposed by Mr Yip Wai Man Raymond was around 0.16% of the total issued and paid up capital of the Company. |
BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Brahim's International Franchises Sdn Bhd
| Company Name | BRAHIM'S HOLDINGS BERHAD |
| Stock Name | BRAHIMS |
| Date Announced | 7 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-140207-D178A |
Particulars of substantial Securities Holder
| Name | Brahim’s International Franchises Sdn Bhd |
| Address | No. 16-1, Tingkat 1, Jalan 1/76D, Desa Pandan, 55100 Kuala Lumpur. |
| NRIC/Passport No/Company No. | 296392-A |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Brahim’s International Franchises Sdn Bhd (“BIF”) No. 16-1, Tingkat 1 Jalan 1/76D Desa Pandan 55100 Kuala Lumpur Cartaban Nominees (Tempatan) Sdn Bhd (Standard Chartered Bank Malaysia Berhad for BIF) Tasec Nominees (Tempatan) Sdn Bhd (TA Capital Sdn Bhd for BIF) Kenanga Nominees (Tempatan) Sdn Bhd EB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 06/02/2014 | 3,000,000 | 2.252 |
| Remarks : |
| The Form 29B was received by the Company on 7 February 2014. |
BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Fahim Capital Sdn Bhd
| Company Name | BRAHIM'S HOLDINGS BERHAD |
| Stock Name | BRAHIMS |
| Date Announced | 7 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-140207-CF33D |
Particulars of substantial Securities Holder
| Name | Fahim Capital Sdn Bhd |
| Address | 25-5-16, Plaza Prima, 4 miles Jalan Kelang Lama, 58000 Kuala Lumpur |
| NRIC/Passport No/Company No. | 507720-V |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Brahim’s International Franchises Sdn Bhd (“BIF”) No. 16-1, Tingkat 1 Jalan 1/76D Desa Pandan 55100 Kuala Lumpur Cartaban Nominees (Tempatan) Sdn Bhd (Standard Chartered Bank Malaysia Berhad for BIF) Tasec Nominees (Tempatan) Sdn Bhd (TA Capital Sdn Bhd for BIF) Kenanga Nominees (Tempatan) Sdn Bhd EB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 06/02/2014 | 3,000,000 | 2.252 |
| Remarks : |
| The Form 29B was received by the Company on 7 February 2014. |
BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Semantan Capital Sdn Bhd
| Company Name | BRAHIM'S HOLDINGS BERHAD |
| Stock Name | BRAHIMS |
| Date Announced | 7 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-140207-C54DB |
Particulars of substantial Securities Holder
| Name | Semantan Capital Sdn Bhd |
| Address | Plaza 138, Unit 16.06, 16 F1, 138 Jalan Ampang, Kuala Lumpur. |
| NRIC/Passport No/Company No. | 249670-D |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Brahim’s International Franchises Sdn Bhd (“BIF”) No. 16-1, Tingkat 1 Jalan 1/76D Desa Pandan 55100 Kuala Lumpur Cartaban Nominees (Tempatan) Sdn Bhd (Standard Chartered Bank Malaysia Berhad for BIF) Tasec Nominees (Tempatan) Sdn Bhd (TA Capital Sdn Bhd for BIF) Kenanga Nominees (Tempatan) Sdn Bhd EB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 06/02/2014 | 3,000,000 | 2.252 |
| Remarks : |
| The Form 29B was received by the Company on 7 February 2014. |
BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Datuk Ibrahim Bin Haji Ahmad
| Company Name | BRAHIM'S HOLDINGS BERHAD |
| Stock Name | BRAHIMS |
| Date Announced | 7 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-140207-C1A2B |
Particulars of substantial Securities Holder
| Name | Datuk Ibrahim Bin Haji Ahmad |
| Address | No. 17, Jalan 1/9C, Bandar Baru Bangi, 43650 Kajang, Selangor Darul Ehsan. |
| NRIC/Passport No/Company No. | 470713-07-5181 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Brahim’s International Franchises Sdn Bhd (“BIF”) No. 16-1, Tingkat 1 Jalan 1/76D Desa Pandan 55100 Kuala Lumpur Cartaban Nominees (Tempatan) Sdn Bhd (Standard Chartered Bank Malaysia Berhad for BIF) Tasec Nominees (Tempatan) Sdn Bhd (TA Capital Sdn Bhd for BIF) Kenanga Nominees (Tempatan) Sdn Bhd EB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 06/02/2014 | 3,000,000 | 2.252 |
| Remarks : |
| The Form 29B was received by the Company on 7 February 2014. |
BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dato' Mohd Ibrahim Bin Mohd Zain
| Company Name | BRAHIM'S HOLDINGS BERHAD |
| Stock Name | BRAHIMS |
| Date Announced | 7 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-140207-54150 |
Particulars of substantial Securities Holder
| Name | Tan Sri Dato’ Mohd Ibrahim Bin Mohd Zain |
| Address | 71, Jalan Ampang Hilir, 55000 Kuala Lumpur, Wilayah Persekutuan. |
| NRIC/Passport No/Company No. | 430821-07-5107 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Brahim’s International Franchises Sdn Bhd (“BIF”) No. 16-1, Tingkat 1 Jalan 1/76D Desa Pandan 55100 Kuala Lumpur Cartaban Nominees (Tempatan) Sdn Bhd (Standard Chartered Bank Malaysia Berhad for BIF) Tasec Nominees (Tempatan) Sdn Bhd (TA Capital Sdn Bhd for BIF) Kenanga Nominees (Tempatan) Sdn Bhd EB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 06/02/2014 | 3,000,000 | 2.252 |
| Remarks : |
| The Form 29B was received by the Company on 7 February 2014. |
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