February 12, 2014

Company announcements: WILLOW, EAH, MAYBANK, IOICORP, MAS, PRTASCO, SEALINK, HARTA, PCHEM, UOADEV

WILLOW - OTHERS ACQUISITION OF NEW SUBSIDIARY

Announcement Type: General Announcement
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced12 Feb 2014  
CategoryGeneral Announcement
Reference NoCA-140210-62710

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF NEW SUBSIDIARY

 

  1. INTRODUCTION

     

 

 The Board of Directors of Willowglen MSC Berhad ("WMSC" or " Company") wishes to announce that the Company has entered into two separate share sale agreements with Mr. Vishnu Nair A/L Jeyarajan and Mr. Roy Ho Yew Kee respectively for the acquisition of a total of two hundred ten thousand (210,000) ordinary shares of RM1.00 each representing 70% of the issued and paid-up share capital of Sentinel Systems Sdn Bhd (Company No. 104574-T) (“SSSB”) for a cash consideration of RM1,400,000.00 (" Acquisition"). As a result of the Acquisition, SSSB is a 70% owned subsidiary of the Company.

 

 

 

2) INFORMATION ON SSSB

 

 

 

 SSSB was incorporated in Malaysia under the Companies Act, 1965 on 22 August 2012. The authorised and paid-up share capital of SSSB is RM300,000.00 comprising 300,000 shares of RM1.00 each. SSSB is principally engaged in the sales, implementation and maintenance of control room and CCTV solutions. SSSB is the exclusive authorised distributor in Malaysia for N3N Inc. Korea, the principal of the Innowatch product range.

 

 

 

3) RATIONALE FOR THE ACQUISITION

 

 

 

 The Acquisition is to expand the Group’s product range in relation to its business of supply of computer-based control systems.

 

 

 

4) EFFECTS OF THE ACQUISITION

 

 

 

 The Acquisition is not expected to have any material effect on the earnings, net assets and gearing of the Company for the current financial year.

 

 

 

5) APPROVALS REQUIRED

 

 

 

 The Acquisition is not subject to the approval of the shareholders nor any government authorities.

 

 

 

6) INTERESTS OF DIRECTORS AND MAJOR SHAREHOLDERS

 

 

 

 None of the Directors or major shareholders of the Company or persons connected to them has any interest, direct or indirect in the Acquisition.

 

 

 



EAH - EAH - NOTICE OF BONUS ENTITLEMENT

Announcement Type: Listing Circular
Company NameEA HOLDINGS BERHAD (ACE Market) 
Stock Name EAH  
Date Announced12 Feb 2014  
CategoryListing Circular
Reference NoRN-140212-39516

LISTING'S CIRCULAR NO. L/Q : 69812 OF 2014


    Bonus issue of up to 120,317,166 warrants in EA Holdings Berhad ("EAH") ("Warrant(s) B") on the basis of two (2) free Warrants B for every nine (9) existing ordinary shares of RM0.10 each in EAH held at 5.00 p.m. on 24 February 2014.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ]
    as from : [ 20 February 2014 ]

    2) The last date of lodgement : [ 24 February 2014 ]


MAYBANK - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced12 Feb 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoMB-140212-50090

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal66,000
Issue price per share ($$)MYR 8.750
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,863,608,181
CurrencyMYR 8,863,608,181.000
Listing Date14/02/2014

2. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal6,300
Issue price per share ($$)MYR 8.820
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,863,614,481
CurrencyMYR 8,863,614,481.000
Listing Date14/02/2014


IOICORP - 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 NameIOI CORPORATION BERHAD  
Stock Name IOICORP  
Date Announced12 Feb 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-140212-22070

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 RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
Level 42, Menara Citibank, 165 Jalan Ampang,
50450 Kuala Lumpur
(Disposal of 4,612,400 shares on 7 February 2014. Following the disposal, currently held 515,838,279 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (HDBS)
(There is no change in shareholding. Currently held 7,686,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (RHB INV)
(There is no change in shareholding. Currently held 1,200,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AM INV)
(There is no change in shareholding. Currently held 5,044,186 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Providend Fund Board (MAYBAN)
(Purchase of 152,000 shares on 7 February 2014. Following the purchase, currently held 845,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KAF FM)
(There is no change in shareholding. Currently held 2,000,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
(There is no change in shareholding. Currently held 10,896,500 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)
(There is no change in shareholding. Currently held 3,007,543 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)
(There is no change in shareholding. Currently held 1,050,000 shares.)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/02/2014
152,000
 
Disposed07/02/2014
4,612,400
 

Circumstances by reason of which change has occurredPurchase and disposal of equity managed by Portfolio Manager
Nature of interestDirect
Direct (units)547,567,508 
Direct (%)8.62 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change547,567,508
Date of notice10/02/2014

Remarks :
We received the Form 29B of EMPLOYEES PROVIDENT FUND BOARD on 12 February 2014.


MAS - OTHERS Malaysian Airline System Berhad ("MAS" or "the Company") - MAS Awards Pratt & Whitney USD510 Million Fleet Management Programme

Announcement Type: General Announcement
Company NameMALAYSIAN AIRLINE SYSTEM BERHAD  
Stock Name MAS  
Date Announced12 Feb 2014  
CategoryGeneral Announcement
Reference NoMA-140211-64459

TypeAnnouncement
SubjectOTHERS
DescriptionMalaysian Airline System Berhad ("MAS" or "the Company")
- MAS Awards Pratt & Whitney USD510 Million Fleet Management Programme

1.0 INTRODUCTION

MAS wishes to announce that it has signed an exclusive, 10-year Fleet Management Programme (FMP) agreement with Pratt & Whitney, a United Technologies Corp. company to maintain the airline’s fleet of 43 PW4170 installed engines and spare engines.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary and ground power units, and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.

2.0 VALUE AND TENURE OF CONTRACT

The agreement, which includes an option to extend the contract for up to five (5) additional years, is valued at approximately USD510 million.

The term shall continue for ten (10) years unless MAS elects to extend the term by an additional five (5) years for all FMP Eligible Engines, which MAS may elect by means of prior written notice to Pratt & Whitney of its intent to extend the term of the FMP Eligible Engines no later than nine (9) years after delivery of the first FMP Eligible Engine (the “Term”).

3.0 THE FINANCIAL IMPACT OF THE CONTRACT ON THE GROUP

3.1 NET ASSET AND GEARING

The transaction will not have any significant effect on the net asset and gearing of the Company.

3.2 SHARE CAPITAL AND SUBSTANTIAL SHAREHOLDERS’ SHAREHOLDING

The transaction will not have any effect on the share capital and substantial shareholders’ shareholdings of MAS as it does not involve any issuance of shares.

4.0 RISKS FACTOR

The FMP is a risk transfer programme that benefits MAS for uncertainty in the performance of the engines.

5.0 DIRECTORS AND MAJOR SHAREHOLDERS’ INTEREST

None of the directors, major shareholders and/or person connected with them has any interest, direct or indirect in the said transaction.

The detail of the press release is as per the attachment.



PRTASCO - Notice of Shares Buy Back by a Company pursuant to Form 28B

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28B
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced12 Feb 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28B
Reference NoCA-140211-2D483

Date of shares sold from 28/01/2014 to 29/01/2014
Date of shares cancelled from to
Number of treasury shares sold (units)7,041,400
CurrencyMalaysian Ringgit (MYR)
The minimum price at which the treasury shares were sold ($$)1.410
The maximum price at which the treasury shares were sold ($$)1.420
Total consideration received for the treasury shares sold ($$)9,930,050.00
The name of the Stock Exchange through which the treasury shares were soldBursa Malaysia Securities Berhad
Total number of shares still in treasury (units)0
Number of treasury shares cancelled (units)
Total issued capital as diminished
Date lodged with registrar of companies12/02/2014
Lodged by Epsilon Advisory Services Sdn. Bhd.


SEALINK - Change in Boardroom (Amended Announcement)

Announcement Type: Change in Boardroom
Company NameSEALINK INTERNATIONAL BERHAD  
Stock Name SEALINK  
Date Announced12 Feb 2014  
CategoryChange in Boardroom
Reference NoCS-140212-150BC

Date of change20/08/2013
NameDATO SEBASTIAN TING CHIEW YEW
Age58
NationalityMALAYSIAN
Type of changeAppointment
DesignationDirector
DirectorateIndependent & Non Executive
QualificationsMaster of Law (LLM) - University of Cambridge, Dawin College (1983-1984) (Second Class, Second Division)
Bachelor of Law - Polytechnic of North London (1979 - 1982)
(Second Class Honours, First Division) 
Working experience and occupation Political Secretary to the Minister of Plantation Industries and Commodities Malaysia, since May 2004 - April 2009.
Political Secretary to the Minister of Energy, Green Technology and Water Malaysia, May 2009 - May 2013.
In September 1984, he joined Wan Ullok Jugah Chin & Co
Advocates, Miri, Sarawak as Legal Assistant.
In 1988 to April 2004, he was the Managing Partner of Wan Ullok Jugah Chin & Co Advocates, Miri, Sarawak.
Profession : Barrister and Lawyer since 1984 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNo 
Details of any interest in the securities of the listed issuer or its subsidiariesDato Sebastian Ting Chiew Yew held 137,500 shares in Sealink International Berhad. 

Remarks :
Details of any interest in the securities of the listed issuer or its subsidiaries should be Dato Sebastian Ting Chiew Yew held 137,500 shares in Sealink International Berhad instead of Nil.


HARTA - HARTA - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameHARTALEGA HOLDINGS BERHAD  
Stock Name HARTA  
Date Announced12 Feb 2014  
CategoryListing Circular
Reference NoRN-140212-39399

LISTING'S CIRCULAR NO. L/Q : 69813 OF 2014


    Second interim dividend of 3.5 sen per share single tier for the financial year ending 31 March 2014.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 4 March 2014 ]

    2) The last date of lodgement : [ 6 March 2014 ]

    3) Date Payable : [ 27 March 2014 ]


PCHEM - PCHEM - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced12 Feb 2014  
CategoryListing Circular
Reference NoRN-140212-39643

LISTING'S CIRCULAR NO. L/Q : 69815 OF 2014


    Second Interim Single tier dividend of 12 sen per ordinary share.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 21 February 2014 ]

    2) The last date of lodgement : [ 25 February 2014 ]

    3) Date Payable : [ 18 March 2014 ]


UOADEV - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameUOA DEVELOPMENT BHD  
Stock Name UOADEV  
Date Announced12 Feb 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140212-78989

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD ("EPF 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 RM0.05 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD ("CITIGROUP")
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)
Disposed07/02/2014
206,000
 

Circumstances by reason of which change has occurredDISPOSAL OF SHARES IN OPEN MARKET
Nature of interestDIRECT
Direct (units)69,063,000 
Direct (%)5.16 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change69,063,000
Date of notice10/02/2014

Remarks :
DIRECT INTEREST OF 69,063,000 IS HELD AS FOLLOWS: -

CITIGROUP - EPF BOARD (57,491,700)
CITIGROUP - EPF BOARD (KAF FM) (2,000,000)
CITIGROUP - EPF BOARD (NOMURA) (4,769,300)
CITIGROUP - EPF BOARD (CIMB PRI) (4,802,000)

THE FORM 29B WAS RECEIVED BY THE COMPANY ON 12 FEBRUARY 2014


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