March 13, 2014

Company announcements: KIANJOO, MAICA, LIONIND, MSNIAGA, HUNZPTY, RSAWIT, PENERGY, MKH, AEON, DIGI

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

Announcement Type: General Announcement
Company NameKIAN JOO CAN FACTORY BERHAD  
Stock Name KIANJOO  
Date Announced13 Mar 2014  
CategoryGeneral Announcement
Reference NoCU-140313-46577

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionKIAN JOO CAN FACTORY BERHAD ("KIAN JOO" OR "THE COMPANY")

OFFER FROM ASPIRE INSIGHT SDN BHD ("ASPIRE") TO ACQUIRE THE ENTIRE BUSINESS AND UNDERTAKING INCLUDING ALL OF THE ASSETS AND LIABILITIES OF KIAN JOO ("OFFER")
We refer to the announcements made on 26 November 2013, 5 December 2013, 6 December 2013, 9 December 2013, 10 December 2013, 10 January 2014, 29 January 2014 and 21 February 2014.
On behalf of Kian Joo, MIDF Amanah Investment Bank Berhad wishes to announce that the Company and Aspire are in the midst of finalising the definitive agreement and transaction documents and obtaining internal approvals in relation to the definitive agreement and transaction documents. The parties had on 13 March 2014 agreed to further extend the timeline to enter into the definitive agreement and transaction documents from 14 March 2014 to 31 March 2014.


MAICA - OTHERS APPOINTMENT OF THE MEMBER AND CHAIRMAN OF THE REMUNERATION COMMITTEE

Announcement Type: General Announcement
Company NameMALAYSIA AICA BERHAD  
Stock Name MAICA  
Date Announced13 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140313-56514

TypeAnnouncement
SubjectOTHERS
DescriptionAPPOINTMENT OF THE MEMBER AND CHAIRMAN OF THE REMUNERATION COMMITTEE

The Board of Directors of Malaysia Aica Berhad ("the Company") wishes to announce that Dato' Tan Tian Meng, who is appointed as director of the Company on 13 March 2014, has also been appointed as member and Chairman to the Remuneration Committee on the same date.

Pursuant to the above changes, the members of the Remuneration Committee are as follows:-

1. Dato' Tan Tian Meng (Chairman)

2. Mr Teh Kay Yeong



LIONIND - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameLION INDUSTRIES CORPORATION BERHAD  
Stock Name LIONIND  
Date Announced13 Mar 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoLI-140313-57337

Date of buy back from28/02/2014
Date of buy back to28/02/2014
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)305,000
Minimum price paid for each share purchased ($$)0.680
Maximum price paid for each share purchased ($$)0.690
Total amount paid for shares purchased ($$)209,964.40
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)305,000
Total number of shares retained in treasury (units)1,314,000
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies13/03/2014
Lodged by Lion Industries Corporation Berhad


MSNIAGA - Changes in Director's Interest (S135) - VOON SENG CHUAN

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMESINIAGA BERHAD  
Stock Name MSNIAGA  
Date Announced13 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoMM-140313-55361

Information Compiled By KLSE

Particulars of Director

NameVOON SENG CHUAN
AddressNO. 11, Lengkok Zaaba 2, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary & RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
12/03/2014
20,500
 

Circumstances by reason of which change has occurredPurchase from the Open Market.
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)280,500 
Direct (%)0.46 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice13/03/2014


HUNZPTY - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHUNZA PROPERTIES BERHAD  
Stock Name HUNZPTY  
Date Announced13 Mar 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-140313-27A48

Date of buy back13/03/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)84,000
Minimum price paid for each share purchased ($$)1.900
Maximum price paid for each share purchased ($$)1.910
Total consideration paid ($$)160,950.00
Number of shares purchased retained in treasury (units)84,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)13,863,852
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)5.66

Remarks :
The amount paid for share purchased is inclusive of commission, clearing house fee and stamp duty.


RSAWIT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameRIMBUNAN SAWIT BERHAD  
Stock Name RSAWIT  
Date Announced13 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140313-346C5

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionANNOUNCEMENT ON RECURRENT RELATED PARTY TRANSACTION

 

Rimbunan Sawit Berhad (“RSB” or “the Company”) wishes to announce on the recurrent related party transaction of a revenue and/or trading nature (“RRPT”) entered into between PJP Pelita Selangau Plantation Sdn Bhd (“PJP”), Nescaya Palma Sdn Bhd (“NP”) and Novelpac-Puncakdana Plantation Sdn Bhd (“NPP”) (“collectively hereinafter referred to as “Subsidiaries”), PJP is a 60% owned subsidiary of RSB while NP and NPP are wholly-owned subsidiaries of RSB.

Introduction

RSB wishes to announce on the following RRPTs entered into between the Subsidiaries and the following related party:

 

Name of Related Party

Nature of RRPTs

Amount of RRPT

(RM)

Palmgroup Palm Oil Mill Sdn Bhd (“PPOM”)

Sale of Fresh Fruit Bunch to PPOM

RM1,000,581.40

The above amount of which by way of aggregation, have exceeded the prescribed limit of RM1 million as at 28 February 2014.

Nature of RRPTs

The RRPTs entered into by the Subsidiaries are in the ordinary course of business of RSB Group. It is a recurring transaction of a revenue and/or a trading nature which was occurred with some degree of frequency and arise at any time and from time to time. These RRPTs may be constrained by the time-sensitive nature and confidentiality of such transaction made on an arm's length basis and on normal commercial terms which are not prejudicial to the interest of the minority shareholders and are on terms not more favourable to PPOM than those generally available to the public and are not detrimental to the interest of the minority shareholders.

Rationale of RRPTs

The RRPTs are necessary for the day to day operations of the Subsidiaries and are intended to meet the business needs on the best possible terms. The RRPTs are made in the ordinary course of business at arm’s length and on normal commercial terms which are not more favourable to the related party than those generally available to the public. PPOM has long standing business relationship with RSB Group. The close co-operation between RSB and PPOM has reaped mutual benefits and is expected to continue to be of benefit to the business of RSB Group.

Effect of RRPTs on RSB

The RRPTs are not expected to have any material effect on the earnings per share, net assets per share and gearing of RSB Group. The RRPTs have no effect on the share capital and substantial shareholders’ shareholding of RSB.

The nature and extent of the interests of the interested directors and interested major shareholders

Datuk Tiong Thai King and Mr. Tiong Chiong Hee are the Directors of PPOM. They have substantial interests in PPOM pursuant to Section 6A of the Companies Act, 1965.

Datuk Tiong Thai King is the father to Mr. Tiong Chiong Hee. Datuk Tiong Thai King is a brother of Tan Sri Datuk Sir Diong Hiew King @ Tiong Hiew King and Mr. Tiong Kiong King. He is also an uncle of Mr. Tiong Chiong Ong and Mr. Tiong Chiong Ie.

Tan Sri Datuk Sir Diong Hiew King @ Tiong Hiew King, Mr. Tiong Kiong King, Mr. Tiong Chiong Ong and Mr. Tiong Chiong Ie are deemed interested in the RRPTs by virtue of their family relationship with Datuk Tiong Thai King and Mr. Tiong Chiong Hee.

Whether the RRPTs are subject to the approval of shareholders and the relevant government authorities

The RRPTs are not subject to the approval of shareholders and the relevant government authorities.

Statement by Audit Committee

The Audit Committee having considered the nature and rationale for the RRPTs and all aspects of the RRPTs, was of the view that the RRPTs are in the best interests of the Company, fair, reasonable and on normal commercial terms and not detrimental to the interests of the minority shareholders as the RRPTs were entered into in the ordinary course of business on normal commercial terms which are not more favourable to PPOM than those generally available to the public.

Statement by Directors

The Board of Directors, saved for Tan Sri Datuk Sir Diong Hiew King @ Tiong Hiew King, Mr. Tiong Kiong King, Mr. Tiong Chiong Ong and Mr. Tiong Chiong Ie, having considered all aspects of the RRPTs, was of the opinion that the RRPTs are in the best interests of the Company and not detrimental to the interests of the minority shareholders.

This announcement is dated 13 March 2014.

 




PENERGY - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePETRA ENERGY BERHAD  
Stock Name PENERGY  
Date Announced13 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140313-49123

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak,
Peti Surat 11025,
50732 Kuala Lumpur,
Wilayah Persekutuan.
NRIC/Passport No/Company No.ACT5351995
Nationality/Country of incorporationMalaysia (Government Agency)
Descriptions (Class & nominal value)Ordinary shares @ RM0.50 each
Name & address of registered holderLembaga Tabung Haji
201, Jalan Tun Razak,
Peti Surat 11025,
50732 Kuala Lumpur,
Wilayah Persekutuan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/03/2014
269,500
 
Acquired04/03/2014
193,900
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Direct (units)29,649,212 
Direct (%)9.21 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change29,649,212
Date of notice05/03/2014

Remarks :
The notice was received by the Company on 13 March 2014.


MKH - OTHERS MKH BERHAD (“MKH” OR “THE COMPANY”) - ACQUISITION OF 100% EQUITY INTEREST IN ALIF MESRA SDN. BHD. BY GABUNG WAJIB SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF MKH BERHAD.

Announcement Type: General Announcement
Company NameMKH BERHAD  
Stock Name MKH  
Date Announced13 Mar 2014  
CategoryGeneral Announcement
Reference NoM--140313-07EB1

TypeAnnouncement
SubjectOTHERS
DescriptionMKH BERHAD (“MKH” OR “THE COMPANY”)
- ACQUISITION OF 100% EQUITY INTEREST IN ALIF MESRA SDN. BHD. BY GABUNG WAJIB SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF MKH BERHAD.

1.0 INTRODUCTION

The Board of Directors of MKH wishes to announce that its subsidiary company, Gabung Wajib Sdn Bhd (Company No. 351796-M) ("GWSB"") has on 13 March 2014 acquired two (2) existing ordinary shares of RM1.00 each representing 100% of the total issued and paid-up share capital of Alif Mesra Sdn Bhd (Company No. 1064885-A) (“AMSB”), a shelf company, for a cash consideration of RM2.00 only (the “Acquisition”).

Further details of the Acquisition are set out in the following paragraphs.

2.0 BACKGROUND INFORMATION

2.1 Information on AMSB

AMSB was incorporated in Malaysia on 3 October 2013 under the Malaysian Companies Act, 1965 as a private limited company and having an authorised share capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each, of which two (2) ordinary shares of RM1.00 each have been issued and fully paid-up.

2.2 Information on GWSB

GWSB is a company incorporated in Malaysia on 19 July 1995 and having its registered office at Suite 1, 5th Floor, Wisma MKH, Jalan Semenyih, 43000 Kajang, Selangor Darul Ehsan.

The authorised share capital of GWSB is RM500,000.00 divided into 500,000 ordinary shares of RM1.00 each. Its present issued and paid-up capital is RM500,000.00.

The principal activity of GWSB is property development.

3.0 RATIONALE FOR THE ACQUISITION

The Acquisition is to enable AMSB to undertake some of the Group’s future property development projects.

4.0 FINANCIAL EFFECTS

The Acquisition has no effect on the issued and paid-up share capital or the substantial shareholders’ shareholdings of MKH and is not expected to have any material effect on the net assets, gearing and earnings of the MKH Berhad Group for the current financial year ending 30 September 2014.

5.0 APPROVALS REQUIRED

The Acquisition is not subject to the approval of the shareholders of MKH or any other relevant authorities.

6.0 DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors and/or major shareholders of MKH or its subsidiaries and/or persons connected with them, have any interest, direct or indirect, in the Acquisition.

The Board of Directors of MKH is of the opinion that the Acquisition is in the best interest of the Company.

This announcement is dated 13 March 2014.



AEON - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAEON CO. (M) BHD  
Stock Name AEON  
Date Announced13 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140313-D1C90

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc ("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace
Aberdeen, AB10 1YG
Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed07/03/2014
104,300
 

Circumstances by reason of which change has occurredSale by Aberdeen

MUFG is deemed interested in the shares by virtue of:

1. MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen.

2. MUFG's holding more than 15% interest in shares of Morgan Stanley & Co. International Plc Group.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)69,909,666 
Indirect/deemed interest (%)19.9173 
Total no of securities after change69,909,666
Date of notice12/03/2014

Remarks :
The total number of 69,909,666 Ordinary Shares of RM1.00 each are held as follows:

(i) 69,888,900 Ordinary Shares of RM1.00 each are registered in the name of Aberdeen and its subsidiaries; and
(ii) 20,766 Ordinary Shares of RM1.00 each are registered in the name of Morgan Stanley & Co. International Plc.

The Form 29B was received by the Company on 13 March 2014.


DIGI - 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 NameDIGI.COM BERHAD  
Stock Name DIGI  
Date Announced13 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140313-5CC47

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 incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.01 each
Name & address of registered holder1) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
2) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA)
3) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI)
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)
Disposed10/03/2014
1,317,500
 
Acquired10/03/2014
1,000,000
 
Acquired10/03/2014
1,569,700
 

Circumstances by reason of which change has occurred1) Disposed
2) & 3) Acquired
Nature of interestDirect
Direct (units)985,993,840 
Direct (%)12.68 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change985,993,840
Date of notice11/03/2014

Remarks :
The total number of 985,993,840 Ordinary Shares of RM0.01 each are held as follows:-

1) 868,998,150 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;

2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board;

3) 3,332,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI);

4) 2,070,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB);

5) 4,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS);

6) 2,200,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV);

7) 7,887,500 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV);

8) 1,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN);

9) 2,300,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KAF FM);

10) 33,255,690 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA);

11) 34,111,200 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI);

12) 2,100,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM);

13) 2,548,300 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON); and

14) 6,400,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN).


The Form 29B was received by the Company on 13 March 2014.


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