March 26, 2014

Company announcements: AIM, TM, ARMADA, XIANLNG, HIGH5, TGOFFS, HAIO

AIM - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameADVANCE INFORMATION MARKETING BERHAD (ACE Market) 
Stock Name AIM  
Date Announced26 Mar 2014  
CategoryGeneral Announcement
Reference NoCK-140326-59769

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionADVANCE INFORMATION MARKETING BERHAD (“THE COMPANY” OR “AIM”)
- APPEAL MEMORY SERVED BY HARTONO & LISDAJANDI ON PT.CLS SYSTEM, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY

Please refer to the attachment for the details of this announcement.




TM - SUSPENSION OF SECURITIES

Announcement Type: General Announcement
Company NameTELEKOM MALAYSIA BERHAD  
Stock Name TM  
Date Announced26 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140326-67135

TypeAnnouncement
SubjectSUSPENSION OF SECURITIES
DescriptionREQUEST FOR SUSPENSION OF TRADING

On behalf of Telekom Malaysia Berhad (“TM”), CIMB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the request for suspension for the trading of TM’s shares with effect from 9.00 a.m. on Thursday, 27 March 2014.

The request for suspension is made under subparagraph 3.1(b)(v) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) in view that TM intends to enter into a transaction which requires an announcement to be made pursuant to Chapter 10 of the Listing Requirements.

This announcement is dated 26 March 2014



ARMADA - OTHERS BUMI ARMADA BERHAD - Proposed establishment of an unrated Sukuk issuance programme of up to RM1.5 billion in nominal value under the Shariah principle of Murabahah (via a Tawarruq arrangement) (the “Sukuk Programme”) and the issuance of Sukuk Murabahah under the Sukuk Programme by Bumi Armada Capital Malaysia Sdn Bhd, guaranteed by Bumi Armada Berhad.

Announcement Type: General Announcement
Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced26 Mar 2014  
CategoryGeneral Announcement
Reference NoBA-140326-66549

TypeAnnouncement
SubjectOTHERS
DescriptionBUMI ARMADA BERHAD
- Proposed establishment of an unrated Sukuk issuance programme of up to RM1.5 billion in nominal value under the Shariah principle of Murabahah (via a Tawarruq arrangement) (the “Sukuk Programme”) and the issuance of Sukuk Murabahah under the Sukuk Programme by Bumi Armada Capital Malaysia Sdn Bhd, guaranteed by Bumi Armada Berhad.

Bumi Armada Berhad (“Bumi Armada”) is pleased to announce that its wholly-owned subsidiary, Bumi Armada Capital Malaysia Sdn Bhd (“BACM”) has on 26 March 2014, received the authorisation of the Securities Commission Malaysia for the establishment of the Sukuk Programme and the issuance of Sukuk Murabahah thereunder.

BACM intends to use the proceeds raised from the Sukuk Programme for Shariah compliant purposes (i) to finance the capital expenditure, working capital, general funding and financing requirements and general corporate purposes of Bumi Armada and its subsidiaries from time to time (the “Group”), including start-up and investment costs for the Group’s projects; (ii) to refinance the Group’s indebtedness (including Islamic financing); and (iii) to finance profit, fees and expenses relating to the Sukuk Programme and the Sukuk Murabahah.

The Sukuk Programme will provide BACM with the flexibility to raise funds via the issuance of Sukuk Murabahah from time to time with varying tenors to meet the requirements of the Group as set out above.

The Principal Adviser and Lead Arranger for the Sukuk Programme is Maybank Investment Bank Berhad, and the Lead Managers for the first issuance are Maybank Investment Bank Berhad and/or such other party or parties as may be appointed by BACM.

This announcement is dated 26 March 2014.



XIANLNG - Quarterly rpt on consolidated results for the financial period ended 31/1/2014

Announcement Type: Financial Results
Company NameXIAN LENG HOLDINGS BERHAD  
Stock Name XIANLNG  
Date Announced26 Mar 2014  
CategoryFinancial Results
Reference NoCJ-140326-54427

Financial Year End31/01/2014
Quarter4
Quarterly report for the financial period ended31/01/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/01/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/01/2014
31/01/2013
31/01/2014
31/01/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
2,783
2,102
10,854
12,994
2Profit/(loss) before tax
565
-10,934
-1,982
-12,965
3Profit/(loss) for the period
599
-11,590
-1,897
-12,490
4Profit/(loss) attributable to ordinary equity holders of the parent
599
-11,590
-1,897
-12,490
5Basic earnings/(loss) per share (Subunit)
0.82
-15.94
-2.61
-17.18
6Proposed/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 ($$)
0.6400
0.6700
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


XIANLNG - OTHERS XIAN LENG HOLDINGS BERHAD ("XIANLNG" or "the Company") - Alleged Irregularities in Capital Expenditure - Immediate Pre-emptive and Corrective Actions

Announcement Type: General Announcement
Company NameXIAN LENG HOLDINGS BERHAD  
Stock Name XIANLNG  
Date Announced26 Mar 2014  
CategoryGeneral Announcement
Reference NoCJ-140326-55297

TypeAnnouncement
SubjectOTHERS
DescriptionXIAN LENG HOLDINGS BERHAD ("XIANLNG" or "the Company")
- Alleged Irregularities in Capital Expenditure - Immediate Pre-emptive and Corrective Actions

The Board of Directors of XIANLNG wishes to make a follow-up announcement in respect of the subject matter.

Please refer to the attachment for details of the announcement.

This announcement is dated 26 March 2014.

 



XIANLNG - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameXIAN LENG HOLDINGS BERHAD  
Stock Name XIANLNG  
Date Announced26 Mar 2014  
CategoryChange in Boardroom
Reference NoCJ-140326-56569

Date of change26/03/2014
NameKUAN KAI SENG
Age40
NationalityMalaysian
Type of changeRedesignation
Previous PositionChief Financial Officer
New PositionChief Executive Officer
DirectorateExecutive
QualificationsChartered Accountant 
Working experience and occupation Kuan Kai Seng holds a Bachelor degree in Accountancy from Nelson Polytechnic, New Zealand in December 1999 and Chartered Accountancy of the Institute Chartered Accountant of New Zealand in 2002. He is a member of New Zealand Institute of Chartered Accountants, Malaysian Institute of Chartered Accountants and Chartered Tax Institute of Malaysia.

Mr Kuan joined Ernst & Young from March 1999 to September 2002, carrying out statutory audit on private limited and public limited companies.

Subsequently, Mr Kuan was a Group Accountant in a local group of companies. His employment with the group of companies included three years overseas posting as an Assistant General Manager cum Head of Finance for the group’s subsidiary in China. After that, he was in public practice as a chartered accountant in a member firm of MIA.

He then joined Xian Leng Holdings Berhad and its subsidiaries ("the Group") as Executive Director. He was later promoted to be Chief Financial Officer of the Group on 30 April 2012. 
Directorship of public companies (if any)Karyon Industries Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 

Remarks :
The position of Chief Financial Officer is now vacated. Meanwhile, the Chief Executive Officer will oversee the financial functions.


This announcement is dated 26 March 2014.


HIGH5 - Change of Address

Announcement Type: Change of Address
Company NameHIGH-5 CONGLOMERATE BERHAD  
Stock Name HIGH5  
Date Announced26 Mar 2014  
CategoryChange of Address
Reference NoCC-140326-2747

Change descriptionRegistered 
Old address Silver Bird Complex, Lot 72 Persiaran Jubli Perak, Seksyen 21, 40300 Shah Alam, Selangor Darul Ehsan 
New addressHigh-5 Complex, Lot 72 Persiaran Jubli Perak, Seksyen 21, 40300 Shah Alam, Selangor Darul Ehsan 
Name of Registrar 
Telephone no03-51922888 
Facsimile no03-51924293 
E-mail addressinvestor@stanson-high5.com 
Effective date26/03/2014 


HIGH5 - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameHIGH-5 CONGLOMERATE BERHAD  
Stock Name HIGH5  
Date Announced26 Mar 2014  
CategoryGeneral Meetings
Reference NoCC-140325-5E1EE

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionThe Board of Directors of High-5 Conglomerate Berhad (formerly known as Silver Bird Group Berhad) ("High5" or "the Company") wishes to announce that the Twentieth Annual General Meeting ("20th AGM") of the Company will be held at High5 Breadtown, High-5 Complex, Lot 72 Persiaran Jubli Perak, Seksyen 21, 40300 Shah Alam, Selangor Darul Ehsan on Friday, 18 April 2014 at 10.00 am.

In respect of deposited securities, only depositors whose names appear on the Record of Depositors as at 11 April 2014 shall be regarded as members and entitled to attend, speak and vote at the meeting.

A copy of the Notice of the 20th AGM is attached herein.
Date of Meeting18/04/2014
Time10:00 AM
VenueHigh5 Breadtown, High-5 Complex, Lot 72 Persiaran Jubli Perak, Seksyen 21, 40300 Shah Alam, Selangor Darul Ehsan
Date of General Meeting Record of Depositors11/04/2014


TGOFFS - ACQUISITION OF WAVENET INVESTMENTS LIMITED (UK)

Announcement Type: General Announcement
Company NameTANJUNG OFFSHORE BERHAD  
Stock Name TGOFFS  
Date Announced26 Mar 2014  
CategoryGeneral Announcement
Reference NoCA-140326-1305F

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDCY-140325-63375
SubjectACQUISITION OF WAVENET INVESTMENTS LIMITED (UK)
DescriptionReply to query
- ACQUISITION OF WAVENET INVESTMENTS LIMITED (UK)
Query Letter Contents We refer to your Company's announcement dated 21 March 2014 in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1) The name of the directors and ultimate substantial shareholders of Cross
Space Securities Limited, and their respective direct and indirect
shareholdings in Cross Space Securities Limited.
2) Further description on the Property including existing use of the Property,
approximate age of the building, amount of lettable space, amount of lettable
space available for letting, percentage of occupancy, and the actual and/or
estimated rental income (where relevant).
3) The intended use of the Property upon completion of the acquisition, and if
relevant, the estimated additional financial commitment required.
4) The net profits and net assets of Wavenet Investment Limited ("WIL") based
on the latest audited financial statement.
5) The net book value of the Property based on the latest audited financial
statement.
6) The source of funding for the acquisition.
7) The name of the independent chartered valuation surveyor.
8) Other salient terms and conditions of the sale and purchase agreement
("SPA") including conditions precedent, breach and termination clauses, and the
consequential arrangement upon breach and/or termination.
9) Further elaboration on the risks relating to the acquisition of foreign
assets.
10) Time and place where the SPA and the valuation report may be inspected.





Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.


Yours faithfully




SUZALINA HARUN
Vice President, Issuers
Listing Division
Regulation

WCY/NSA

Copy to:- General Manager & Head, Market Surveillance Department, Market
Oversight Division, Securities Commission (via fax)

We refer to our announcement dated 21 March 2014 and the letter from Bursa Malaysia Berhad dated 25 March 2014. We wish to furnish the additional information in relation to the acquisition of Wavenet Investments Limited (UK) as attached.



HAIO - Quarterly rpt on consolidated results for the financial period ended 31/1/2014

Announcement Type: Financial Results
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced26 Mar 2014  
CategoryFinancial Results
Reference NoCP-140326-DCF11

Financial Year End30/04/2014
Quarter3
Quarterly report for the financial period ended31/01/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/01/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/01/2014
31/01/2013
31/01/2014
31/01/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
71,637
68,347
191,921
194,256
2Profit/(loss) before tax
14,152
15,070
40,585
49,363
3Profit/(loss) for the period
10,632
10,990
30,250
37,827
4Profit/(loss) attributable to ordinary equity holders of the parent
10,417
10,971
29,745
37,346
5Basic earnings/(loss) per share (Subunit)
5.29
5.54
15.10
18.85
6Proposed/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 ($$)
1.2400
1.2200
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


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