ZELAN - OTHERS DISPOSAL OF 1,861,900 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD
| Company Name | ZELAN BERHAD |
| Stock Name | ZELAN |
| Date Announced | 12 Feb 2014 |
| Category | General Announcement |
| Reference No | ZZ-140212-67585 |
| Type | Announcement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subject | OTHERS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Description | DISPOSAL OF 1,861,900 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1.0 INTRODUCTION 2.0 DETAILS OF THE DISPOSAL
IJM, a public listed company listed on the Main Board of Bursa Malaysia is principally involved in the construction, property development, manufacturing and quarrying, infrastructure concessions and plantations. IJM has an authorised capital of RM3,000,000,000.00 and a paid-up capital of RM1,417,685,646.00.
2.2 Information on the Sale Shares
The Sale Shares comprise 1,861,900 ordinary shares of RM1.00 each representing approximately 0.13133% of the total issued and paid-up capital of IJM.
2.3 The net cash consideration of RM10,677,041.78 for the Sale Shares was derived on “willing buyer-willing seller” basis.
2.4 There are no liabilities to be assumed by the purchaser arising from the Disposal.
3.0 RATIONALE OF THE DISPOSAL
The rationale of the disposal is to realise funds from the sales proceeds to pay bank borrowings.
4.0 ORIGINAL COST OF INVESTMENT AND UTILISATION OF PROCEEDS
The original cost of investment of the Sale Shares was approximately RM4.14 per share at Group level and RM3.50 per share at Company level. As at 31 January 2014, the book value of the Sale Shares was approximately RM5.91 per share at Group level. The sale proceeds will be utilised to pay bank borrowings. 5.0 COMPLETION DATE
The Disposal was completed on 10 February, 11 February and 12 February 2014 respectively.
6.0 FINANCIAL EFFECTS
The Disposal will not have any material financial implication and effect to the net assets per share and has no effect on the share capital and substantial shareholders’ shareholding of the Company. The proceeds will be primarily used to pay bank borrowings and thus would improve the Company’s gearing position.
The gain on the Disposal at Group level was approximately RM3.0 million while at the Company level was approximately RM4.2 million and this would contribute positively to the Company's earnings per share. 7.0 APPROVALS REQUIRED
The approval to dispose the Sale Shares was obtained as part of the shareholders' mandate for the disposal up to 56,671,000 ordinary shares of RM1.00 each in IJM, which was approved on 30 September 2013. 8.0 DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTERESTS
None of the Directors and/or Substantial Shareholders of the Company or persons connected to them has any interest, direct or indirect, in the Disposal.
9.0 PERCENTAGE RATIO The summary of the disposals of IJM shares, was as
follows:
10.0 STATEMENT BY BOARD OF DIRECTORS The Board of Directors of ZB, after due consideration of all aspects of the Disposal, are of the opinion that the Disposal is in the best interest of ZB.
This announcement is dated 12 February 2014. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PETGAS - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | PETRONAS GAS BERHAD |
| Stock Name | PETGAS |
| Date Announced | 12 Feb 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-140212-0077F |
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 | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM1.00/share |
| 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 | 07/02/2014 | 156,600 | |
| Disposed | 07/02/2014 | 50,000 |
| Remarks : |
| The direct interest of 269,790,400 shares comprising: a) 254,381,100 shares held by Citigroup Nominees Tempatan) Sdn. Bhd; b) 1,497,600 shares held EPF Board; c) 584,500 shares held by Employees Provident Fund Board (AMUNDI) d) 253,500 shares held by Employees Provident Fund Board (KIB); e) 1,051,600 shares held by Employees Provident Fund Board (HDBS); f) 330,000 shares held by Employees Provident Fund Board (RHB INV); g) 532,100 shares held by Employees Provident Fund Board (AM INV); h) 50,000 shares held by Employees Provident Fund Board (MAYBAN); i) 6,331,400 shares held by Employees Provident Fund Board (NOMURA); j) 4,253,600 shares held by Employees Provident Fund Board (CIMB PRI); k) 525,000 shares held by Employees Provident Fund Board (ARIM); Received Form 29B on 12 February 2014 |
PTARAS - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | PINTARAS JAYA BHD |
| Stock Name | PTARAS |
| Date Announced | 12 Feb 2014 |
| Category | Financial Results |
| Reference No | PJ-140212-67633 |
| Financial Year End | 30/06/2014 |
| Quarter | 2 |
| Quarterly report for the financial period ended | 31/12/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 47,892 | 36,019 | 91,272 | 79,705 |
| 2 | Profit/(loss) before tax | 17,895 | 10,626 | 32,025 | 29,492 |
| 3 | Profit/(loss) for the period | 13,727 | 8,040 | 24,271 | 22,531 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 13,727 | 8,040 | 24,271 | 22,531 |
| 5 | Basic earnings/(loss) per share (Subunit) | 8.60 | 5.00 | 15.20 | 14.00 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.7800 | 3.3900 | ||
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
SAM - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | SAM ENGINEERING & EQUIPMENT (M) BERHAD |
| Stock Name | SAM |
| Date Announced | 12 Feb 2014 |
| Category | Financial Results |
| Reference No | CC-140212-64385 |
| Financial Year End | 31/03/2014 |
| Quarter | 3 |
| Quarterly report for the financial period ended | 31/12/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 121,021 | 102,641 | 326,952 | 273,642 |
| 2 | Profit/(loss) before tax | 7,549 | 4,994 | 22,552 | 16,394 |
| 3 | Profit/(loss) for the period | 5,862 | 3,764 | 18,561 | 13,632 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 5,862 | 3,764 | 18,561 | 13,632 |
| 5 | Basic earnings/(loss) per share (Subunit) | 8.00 | 5.25 | 25.52 | 19.16 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 4.3200 | 4.1300 | ||
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
No comments:
Post a Comment