PPB - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | PPB GROUP BERHAD |
| Stock Name | PPB |
| Date Announced | 6 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-140206-50495 |
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 RM1.00 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) |
| Acquired | 30/01/2014 | 74,700 |
KNUSFOR - Circular/Notice to Shareholders
| Company Name | KNUSFORD BERHAD |
| Stock Name | KNUSFOR |
| Date Announced | 6 Feb 2014 |
| Category | PDF Submission |
| Reference No | KB-140206-45820 |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED NEW ADDITIONAL MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE |
SILKHLD - PROVISION OF FINANCIAL ASSISTANCE
| Company Name | SILK HOLDINGS BERHAD |
| Stock Name | SILKHLD |
| Date Announced | 6 Feb 2014 |
| Category | General Announcement |
| Reference No | C&-140205-A6576 |
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | ACCEPTANCE OF ADDITIONAL FINANCING ARRANGEMENT TOTALING RM55,000,000 |
1. INTRODUCTION
Further to the announcement made by SILK Holdings Berhad (“SILK”) on 26 December 2013 with regards to the proposed acquisition by Jasa Merin (Malaysia) Sdn. Bhd. (“JMM”), a 70%-owned subsidiary of AQL Aman Sdn. Bhd. (“AQL”) which in turn a wholly-owned subsidiary of SILK of the remaining 49% equity interest held by GMV-Jasa Sdn. Bhd. in JM Global 1 (Labuan) Plc., JM Global 2 (Labuan) Plc., JM Global 3 (Labuan) Plc. And JM Global 4 (Labuan) Plc. (collectively known as Ship Owning Companies (“the SOC”)), the Board of Directors (“Board”) of SILK would like to announce that SILK and AQL had on 5 February 2014 entered into a financing arrangement with Affin Bank Berhad (“Affin Bank”) for additional facilities totaling RM55,000,000.
2. DETAILS OF THE BANKING FACILITIES
Borrower : Jasa Merin (Malaysia) Sdn. Bhd.
Facility : Revolving Credit I
Loan Amount : RM40,000,000.00
Purpose : To part finance at 82% or RM40.0 Million of Jasa Merin’s ‘Call Option’ to purchase the shares of GMV-Jasa Sdn Bhd in the SOC.
Tenure : Until 1 January 2017.
Borrower : Jasa Merin (Malaysia) Sdn. Bhd.
Facility : Revolving Credit II
Loan Amount : RM10,000,000.00
Purpose : To be utilized as working capital.
Tenure : Depends on requirement at time of application.
Borrower : Jasa Merin (Malaysia) Sdn. Bhd.
Facility : Bank Guarantee
Loan Amount : RM5,000,000.00
Purpose : To be issued as Security Deposits, Utilities, Tender Bonds and Performance Bonds in which the issuance is restricted to oil majors. Suppliers Guarantee (capped at RM2.0 Million only) is for suppliers related to JMM’s core business only.
Tenure : In accordance with the underlying contract.
3. SECURITY
i. SILK had on 5 February 2014 entered into separate Corporate Guarantee agreement favouring Affin Bank for a total of RM335,031,440 as security for the facilities granted to JMM totaling RM 55,000,000 above, as well as the outstanding liabilities of existing facilities totaling RM 280,031,440.
ii. The aforesaid Corporate Guarantee is provided by SILK as the ultimate corporate shareholder of JMM.
The provision of the Corporate Guarantee by SILK was upon the request of Affin Bank for the granting of facilities to JMM. As such, the Corporate Guarantee is necessary to facilitate the ordinary course of business of JMM.
In view of the execution of the new Corporate Guaratee, Affin Bank has also agreed to cancel the previous Corporate Guarantee executed by SILK in favour of Affin Bank dated 10 January 2013, that was previously announced by the Company on 30 January 2013.
4. FINANCIAL IMPACT OF THE BORROWING
The acceptance of the facility will not have any material effect on the net assets, earnings per share and has no effect on the share capital and Major Shareholders’ shareholding of the Group for the financial year ending 31 July 2014.
5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS
None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the facility.
6. DIRECTORS’ STATEMENT
The Board of SILK is of the opinion the provision of the Corporate Guarantee is in the best interest of SILK Group.
This announcement is dated 6 February 2013. | |
BJAUTO - Additional Listing Announcement
| Company Name | BERJAYA AUTO BERHAD |
| Stock Name | BJAUTO |
| Date Announced | 6 Feb 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | BA-140206-B4496 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | ESOS |
| Details of corporate proposal | Employees' Shares Option Scheme |
| No. of shares issued under this corporate proposal | 266,000 |
| Issue price per share ($$) | MYR 0.700 |
| Par Value ($$) | MYR 0.500 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 805,505,000 |
| Currency | MYR 402,752,500.000 |
| Listing Date | 07/02/2014 |
LBS - Additional Listing Announcement
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 6 Feb 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | LB-140205-24463 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | ESOS |
| Details of corporate proposal | Employee Share Option Scheme |
| No. of shares issued under this corporate proposal | 10,000 |
| Issue price per share ($$) | MYR 1.081 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 479,742,357 |
| Currency | MYR 479,742,357.000 |
| Listing Date | 07/02/2014 |
DIGI - Interim Dividend
| Company Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 6 Feb 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-140204-734A0 |
LBICAP - LBICAP-EXERCISE OF 65,000 WARRANTS 2008/2018 ("EXERCISE")
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 6 Feb 2014 |
| Category | Listing Circular |
| Reference No | NE-140206-38518 |
LISTING'S CIRCULAR NO. L/Q : 69788 OF 2014
Kindly be advised that the abovementioned Company’s additional 65,000 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Friday, 7 February 2014.
SALCON - Additional Listing Announcement
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 6 Feb 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | CK-140205-43167 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | ESOS |
| Details of corporate proposal | Employees' Share Option Scheme |
| No. of shares issued under this corporate proposal | 67,000 |
| Issue price per share ($$) | MYR 0.000 |
| Par Value ($$) | MYR 0.500 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 609,489,652 |
| Currency | MYR 304,744,826.000 |
| Listing Date | 07/02/2014 |
| Remarks : |
| [Issue price per share ($$): 52,000 shares at RM0.500 and 15,000 shares at RM0.570] |
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