Company announcements: GTRONIC, JMR, ASUPREM, SUPERMX, TOPGLOV, SCOMI, SAMUDRA, IRMGRP, GLOBALC, HANDAL

GTRONIC - Changes in Sub. S-hldr's Int. (29B) - General Produce Agency Sdn Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	GLOBETRONICS TECHNOLOGY BERHAD
Stock Name	GTRONIC
Date Announced	13 Mar 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CC-140312-42083

Particulars of substantial Securities Holder

Name	General Produce Agency Sdn Berhad
Address	66B Penang Street, 10200 Penang
NRIC/Passport No/Company No.	1268-U
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM0.50 each
Name & address of registered holder	1) General Produce Agency Sdn Berhad of 66B Penang Street, 10200 Penang 2) Wiserite Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang 3) Glencare Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	10/03/2014	5,000
Acquired	11/03/2014	5,000
Acquired	12/03/2014	5,000

Circumstances by reason of which change has occurred	Open market purchases via Glencare Sdn Bhd
Nature of interest	Deemed
Direct (units)	20,480,408
Direct (%)
Indirect/deemed interest (units)	51,685,741
Indirect/deemed interest (%)
Total no of securities after change	72,166,149
Date of notice	13/03/2014

Remarks :

---

JMR - Changes in Sub. S-hldr's Int. (29B) - LEADING BUILDERS SDN. BHD.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	JMR CONGLOMERATION BERHAD
Stock Name	JMR
Date Announced	13 Mar 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CC-140313-197E3

Particulars of substantial Securities Holder

Name	LEADING BUILDERS SDN. BHD.
Address	51-13-A, MENARA BHL BANK JALAN SULTAN AHMAD SHAH 10050 PENANG
NRIC/Passport No/Company No.	347400-X
Nationality/Country of incorporation	MALAYSIA
Descriptions (Class & nominal value)	ORDINARY @ RM1.00
Name & address of registered holder	LEADING BUILDERS SDN. BHD. 51-13-A, MENARA BHL BANK JALAN SULTAN AHMAD SHAH 10050 PENANG

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	12/03/2014	110,000

Circumstances by reason of which change has occurred	DISPOSAL
Nature of interest	DIRECT
Direct (units)	571,800
Direct (%)	0.45
Indirect/deemed interest (units)	7,318,786
Indirect/deemed interest (%)	5.77
Total no of securities after change	7,890,586
Date of notice	13/03/2014

Remarks :

---

ASUPREM - ASTRAL SUPREME BERHAD ('ASB' OR 'THE COMPANY') - Letters of Awards for Various Housing Development Projects at Melaka related to Sub-contract for Design and Build and Associated Works

Announcement Type: General Announcement

Company Name	ASTRAL SUPREME BERHAD
Stock Name	ASUPREM
Date Announced	13 Mar 2014
Category	General Announcement
Reference No	CC-140312-55152

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	IJ-140312-36074
Subject	ASTRAL SUPREME BERHAD ('ASB' OR 'THE COMPANY') - Letters of Awards for Various Housing Development Projects at Melaka related to Sub-contract for Design and Build and Associated Works
Description	ASTRAL SUPREME BERHAD ('ASB' OR 'THE COMPANY') - Letters of Award for Various Housing Development Projects at Melaka ('LOAs')related to Sub-contract for Design and Build and Associated Works ('the Contracts')
Query Letter Contents	We refer to the Company's announcement dated 11 March 2014, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with the following additional information for public release:- The date of the LOAs; The method/manner on how the contracts are awarded to Astral Supreme Construction Sdn Bhd ("ASC"); All salient conditions/terms of each of the LOAs, including but not limited to the termination and default clauses; The description of the Projects relating to each of the LOAs including the name of the Projects, value of the Projects, type of properties etc; The current stage of development of the Projects; Whether the Projects has received the necessary approval from the relevant authorities, together with the details of approvals thereof; The identity of the owner of the project including the directors and major shareholders together with their respective shareholdings; Background information of Gemawan Bina Sdn Bhd and Permata Rebana Sdn Bhd including the identity of its directors and major shareholders together with their respective shareholdings; The scope of works to be undertaken by ASC under the “design and built and associated works” pursuant to the LOAs; The capacity and expertise of ASC and Astral Supreme Berhad to undertake the contracts; The identity of the key management, together with their working experiences, that will spearhead the execution of the contracts; The specific risks factors in undertaking the contracts and the mitigating factors; Quantification of the financial commitment required in undertaking the contracts; The breakdown of the financial commitments to be financed by internal generated funds and bank borrowings; The profit margin (in percentage) expected to be derived from the contracts and the basis in deriving at; and Whether the contracts will signify a diversification in operations pursuant to Paragraph 10.13 of the Main Market Listing Requirements and the basis thereof. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully HENG TECK HENG Vice President, Issuers Listing Division Regulation HTH/IJ c.c:- General Manager and Head, Market Surveillance, Securities Commission (via fax)
We refer to the query letter from Bursa Malaysia Securities Berhad dated 12 March 2014 and the Company's announcement dated 11 March 2014 pertaining to the above matter and hereby furnish the following additional information for public release:- 1. The LOAs were dated 11 March 2014. 2. The Contracts are awarded to Astral Supreme Construction Sdn Bhd ('ASC') through a direct negotiation method and is a total sub-contract based on back-to-back basis. 3. The salient conditions/terms of the LOAs are as follows:- (i) The Contracts are based on Firm Price basis and no adjustment will be made to the contract sum and rates for any fluctuations. (ii) The quantities shall be provisional subject to re-measurement upon completion. (iii) Any supply of material on behalf shall be charged at 3% administration fee. (iv) The defects liability period is twenty four (24) months. (v) The liquidated and ascertained damages ('LAD') is RM28,500.00 per calendar day. 4. The description of the projects are as follows:- (i) Project 1 - Proposed Design, Build and Deliver 500 Units of Flats and Other Related Works for "Program Perumahan Rakyat" ('PPR') Ayer Panas, Melaka. Main Contractor: Permata Rebana Sdn Bhd Contract value : RM48,000,000.00 Type of Properties: High rise building with ancillary building. (ii) Project 2 - Proposed Design, Build and Deliver 600 Units of Flats and Other Related Works for "Program Perumahan Rakyat" ('PPR') Paya Rumput, Melaka Tengah, Melaka. Main Contractor: Gemawan Bina Sdn Bhd Contract value : RM57,000,000.00 Type of Properties: High rise building with ancillary building. 5. The piling work and earthwork have been completed by the main contractors. 6. Project 1 has received up to the Development Order Approval and Project 2 has received up to the Building Plan Approval. Both Projects are to comply with the Melaka Local Authority's One Stop Center (OSC) requirements but ASC scope shall be limited to assist main contractor to obtain the Certificate of Completion and Compliance issued by the Professional Architect. 7. Both are government projects managed by Kementerian Kesejahteraan Bandar, Perumahan Dan Kerajaan Tempatan (KPKT). 8. Permata Rebana Sdn Bhd was incorporated on 4 May 1998 with its current authorised share capital of RM1,000,00.00 and paid-up share capital of RM750,000.00. It is a 100% bumiputra owned company and its principal activities are Building & Civil Engineering and Constructions. Permata Rebana Sdn Bhd is as Class A Contractor (Bumiputra Status) with Pusat Khidmat Kontraktor and CIDB Gred 'G7'. The current directors and major shareholders of Permata Rebana Sdn Bhd are Siti Salasiah binti Mohd Yunus and Hafizi bin Che Hamzah with their respective shareholdings of 412,5000 shares (55%) and 337,500 shares (45%). Gemawan Bina Sdn Bhd was incorporated on 22 February 1982 with its current authorised share capital of RM5,000,000.00 and paid-up share capital of RM1,250,000.00.Its principal activities are construction of buildings and infrastructures. Gemawan Bina Sdn Bhd has the Bumiputra Contractor with Kementerian Kewangan Malaysia (MOF), Class A Bumiputra with Pusat Khidmat Kontraktor and Grade G7 with Lembaga Pembangunan Industri Pembinaan Malaysia (CIDB). The current directors and major shareholders Gemawan Bina Sdn Bhd are Mohd Hazli bin Abdul Rahman and Fazlihisam bin Husin with their respective shareholdings of 750,000 shares (60%) and 500,000 shares (40%). 9. The work undertaken by ASC is main contract works except for piling work and earthwork. The main building works inclusive of structure, architecture and mechanical and electrical works complete with all ancillary building, landscaping and infrastructural works. 10. ASC has a new key management with extensive experience in building construction and property development. The new key management has good business relationship with associates such as consultants, sub-contractors, suppliers and others. 11. The key management of ASC is as follows:- No Name Designation Working Experience Experience/Knowledge 1 Datuk Eddie Chai Woon Chet Director 8 years Has more than 8 years experience in building construction and property development. 2 Wong Kwai Wah Director 30 years Has more than 30 years experience in financial planning and 20 years in property development. 3 Bee Jian Ming Director 25 years Advise and strategize on the monetary and planning of all the handed over projects. 4 Chan Yew Lung Project Manager 12 years Experience and knowledgeable to handle an achieve clients requirement in various type of project. Especially handed over the similar scale of KPKT project in Gua Musang. 5 Lai Yeh How Contracts Manager 15 years Fulfil the role of coordinate and supporting Project Manager on the cost monitoring, contract administration, quantity surveying and etc related to building construction and property development. 6 Lim Ngam Heong Site Engineer 18 years Involvement of value engineering, analyse clash management and construction management of the project. 12. Specific risk factors:- (i) Key personnel - the Group is new in construction business and it will be subject to new challenges and risks. The Group will mitigate this risk by leveraging on the competencies and experience of certain directors namely Datuk Chai, Mr Wong and Mr Bee who have been involved in the construction and property development business. (ii) Financing - the construction costs are to be funded through internally generated fund and bank borrowings, the gearing level of the Group will increase and any adverse movement in the interest rates may have a significant impact on the projects costs. Management will continuously monitor and adjust development and marketing strategies in response to changes in economic conditions and market demand and will ensure that the projects are carried out with due care. (iii) Completion risk and delay in completion - the projects may not generate expected return due to various factors including increased in development and/or construction costs, unavailability of skill manpower, delay in completion of projects and obtaining approvals from the relevant authorities for the construction, inability to secure adequate funding for the proposed construction. The Group intends to mitigate the risk by supervising the progress billings and payments and manage its cash flow. 13. Financial commitments to undertake the projects is RM2.0 million to kick start subsequently the capital will be from the progress billings and payments from the main contractors. 14. The breakdown of the financial commitments:- -Internal generated funds : RM1.0 million (50%) -Bank borrowings : RM1.0 million (50%). 15. The profit margin is estimated at 8% of gross profit. The profit margin is based on the total cost against awarded amount from the projects. 16. With the smooth completion of the Contracts, the Group is expected to have diversification in operation by virtue of Paragraph 10.13(1)(b) of the Main Market Listing Requirements considering the Group is loss making. Following this, approval will be sought from the shareholders in due course. This is announcement is dated 13 March 2014.

---

SUPERMX - 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 Name	SUPERMAX CORPORATION BERHAD
Stock Name	SUPERMX
Date Announced	13 Mar 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CK-140313-41991

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 RM0.50 each
Name & address of registered holder	Citigroup Nominees (Tempatan) Sdn Bhd of 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	10/03/2014	1,984,000

Circumstances by reason of which change has occurred	Acquisition of Shares
Nature of interest	Direct
Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	38,329,000
Date of notice	11/03/2014

Remarks :

Direct Interest: (1) Employees Provident Fund Board (29,371,300) (2) Employees Provident Fund Board (RHB INV) (2,000,000) (3) Employees Provident Fund Board (PHEIM) (947,100) (4) Employees Provident Fund Board (CIMB PRI) (6,010,600) Supermax Corporation Berhad received the Form 29B dated 11 March 2014 from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of Employees Provident Fund Board on 13 March 2014.

---

TOPGLOV - OTHERS TOP GLOVE CORPORATION BHD ("the Company") NOTIFICATION OF SECOND QUARTER 2014 FINANCIAL RESULTS RELEASE

Announcement Type: General Announcement

Company Name	TOP GLOVE CORPORATION BHD
Stock Name	TOPGLOV
Date Announced	13 Mar 2014
Category	General Announcement
Reference No	TG-140307-61398

Type	Announcement
Subject	OTHERS
Description	TOP GLOVE CORPORATION BHD ("the Company") NOTIFICATION OF SECOND QUARTER 2014 FINANCIAL RESULTS RELEASE
The Board of Directors wishes to inform that the Company will be releasing its second quarter financial results for the period ended 28 February 2014 on Thursday, 20 March 2014. This announcement is dated 13 March 2014.

---

SCOMI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement

Company Name	SCOMI GROUP BERHAD
Stock Name	SCOMI
Date Announced	13 Mar 2014
Category	General Announcement
Reference No	SG-140311-76F10

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	SCOMI GROUP BHD (“SGB” or “the Company”) - Dealings in securities outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the following Principal Officer of SGB had transacted in the securities of SGB outside closed period as set out in Table hereunder. This announcement is dated 13 March 2014.
Name of Principal Officer Type of Securities Date Transacted No. of Shares Acquired/(Disposed) % of Shares Transacted Price per Shares(RM) Closing Balance % of Shares Held After the Transaction Kanesan A/L Vellupillai Ordinary share of RM0.10 each 12 March 2014 (300,000) 0.02% RM0.4533 700,000 0.05%

---

SAMUDRA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement

Company Name	KEJURUTERAAN SAMUDRA TIMUR BERHAD
Stock Name	SAMUDRA
Date Announced	13 Mar 2014
Category	General Announcement
Reference No	MI-140313-37464

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD (‘‘KSTB” OR THE ‘‘COMPANY”) PROPOSED DISPOSAL OF ONE (1) UNIT OF ONSHORE TSM DOUBLE DRUMS DRILLING RIG KNOWN AS IKHLAS #3 (“RIG IKHLAS #3”) ("PROPOSED DISPOSAL OF RIG IKHLAS #3") PROPOSED DISPOSAL OF ONE (1) UNIT OF ONSHORE TSM DOUBLE DRUMS DRILLING RIG KNOWN AS KST #1 (“RIG KST #1”) (“PROPOSED DISPOSAL OF RIG KST #1”)
(All definitions used herein shall have the same meanings as the words and expressions defined in the announcements dated 20 May 2013, 6 September 2013 and 12 September 2013 except where the context otherwise requires or where otherwise defined herein.) We refer to the announcements dated 20 May 2013, 23 July 2013, 25 September 2013 and 1 October 2013 in relation to the Proposed Disposal of Rig Ikhlas #3, the announcements dated 11 September 2013 and 12 September 2013 in relation to the Proposed Disposal of Rig KST #1 and the announcement dated 11 March 2014 in relation to the approval by KSTB shareholders for the abovementioned proposals. On behalf of the Board of Directors of KSTB, Kenanga Investment Bank Berhad wishes to announce that the Proposed Disposal of Rig Ikhlas #3 and Proposed Disposal of Rig KST #1 have been deemed completed on 13 March 2014. This announcement is dated 13 March 2014.

---

IRMGRP - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement

Company Name	IRM GROUP BERHAD
Stock Name	IRMGRP
Date Announced	13 Mar 2014
Category	General Announcement
Reference No	MI-140313-61549

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	IRM GROUP BERHAD (“IRM” OR “COMPANY”) PROPOSED DISPOSAL BY INDUSTRIAL RESINS (MALAYSIA) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF IRM GROUP BERHAD TO PYRAMID PRESENTATIONS SDN BHD OF TWO (2) CONTIGUOUS PARCELS OF FREEHOLD LAND HELD UNDER GERAN 37838, LOT NO. 2064 AND GERAN 29462, LOT NO. 2065 MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR MEASURING A TOTAL AREA OF APPROXIMATELY 5.4885 HECTARES TOGETHER WITH PERMANENT STORAGE, FACTORY, OFFICE BUILDINGS AND TENAGA NASIONAL BERHAD SUB-STATION ERECTED THEREON, FOR A TOTAL CASH CONSIDERATION OF RM34,000,000 (“PROPOSED DISPOSAL OF TAMPOI LANDS”) - Correction of information in the Circular to shareholders dated 15 January 2014 in respect of the Proposed Disposal of Tampoi Land
Announcement Details/Table Section Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the circular to shareholders of IRM dated 15 January 2014 in relation to the Proposed Disposals. We refer to the Circular dated 15 January 2014 and to the announcements made by the Company on 10 September 2013, 13 September 2013, 20 November 2013 and 30 January 2014 in relation to Proposed Disposal of Tampoi Lands. On behalf of the Board, KAF Investment wishes to announce that certain information in the Circular in relation to the Purchaser of the Lands was erroneously stated. Please refer to the attached announcement for details. This announcement is dated 13 March 2014.

Attachments IRM-Proposed Disposals-Correction Announcement-130314.pdf 27 KB

---

GLOBALC - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement

Company Name	GLOBAL CARRIERS BERHAD
Stock Name	GLOBALC
Date Announced	13 Mar 2014
Category	General Announcement
Reference No	CC-140313-55711

Type	Announcement
Subject	WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description	GLOBAL CARRIERS BHD ("the Company" or "GCB") -High Court of Malaya at Kuala Lumpur Winding Up Oder No.: 28NCC-14-01/2014 CHUGOKU PAINTS (M) SDN BHD vs GLOBAL TS SDN BHD
The Board of Directors of the Company wishes to announce that a Winding Up Order dated 7 March 2014 (“the Order”) was served to Global TS Sdn Bhd (“Global TS”), a wholly-owned subsidiary of the Company which was received by the Company’s Director on 11 March 2014. Pursuant to the Order, the High Court of Malaya at Kuala Lumpur has granted an order to wind up Global TS and Officer Receiver Malaysia will be appointed as liquidator of Global TS. The circumstances leading to the said Order against Global TS was due to default of outstanding payment of RM62,864.00. Global TS is a not major subsidiary of the Company and the total cost of investment in Global TS is RM100,000.00. The Company is not expected to suffer any financial or operational loss arising from the winding up order as Global TS is currently dormant. Except for the amount claimed the Company does not expect any other losses to be incurred from this case. The Company is seeking the necessary legal advice to appeal against the winding up order. Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course. This announcement is dated 13 March 2014.

---

HANDAL - Notice of Interest Sub. S-hldr (29A) - OSK EQUITY HOLDINGS SDN. BHD.

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965

Company Name	HANDAL RESOURCES BERHAD
Stock Name	HANDAL
Date Announced	13 Mar 2014
Category	Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference No	CA-140312-65982

Particulars of Substantial Securities Holder

Name	OSK EQUITY HOLDINGS SDN. BHD.
Address	7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur.
NRIC/Passport No/Company No.	1030788-T
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM0.50 each
Name & address of registered holder	OSK Capital Partners Sdn. Bhd. ("OSKCP") 7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur.

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	24/12/2013
No of securities	9,020,983
Circumstances by reason of which Securities Holder has interest	Initial disclosure by virtue of being a substantial shareholder of OSK Ventures International Berhad, the holding company of OSKCP.
Nature of interest	Indirect Interest
Price Transacted ($$)
Total no of securities after change
Direct (units)
Direct (%)
Indirect/deemed interest (units)	9,020,983
Indirect/deemed interest (%)	5.638
Date of notice	31/12/2013

Remarks :

The notice of interest of substantial shareholder by OSK Equity Holdings Sdn. Bhd. was received on 13 March 2014.

---