March 27, 2014

Company announcements: NTPM, COASTAL, HIAPTEK, EIG, APEX, ICAP, COMPLET, SUNREIT

NTPM - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameNTPM HOLDINGS BERHAD  
Stock Name NTPM  
Date Announced27 Mar 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCS-140327-56660

Date of buy back27/03/2014
Description of shares purchasedOrdinary Share of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.855
Maximum price paid for each share purchased ($$)0.855
Total consideration paid ($$)8,550.00
Number of shares purchased retained in treasury (units)10,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)20,000
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 (%)0.0018

Remarks :
Total consideration paid for the shares is exclusive of brokerage, clearing fee and stamp duty


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

Announcement Type: General Announcement
Company NameCOASTAL CONTRACTS BHD  
Stock Name COASTAL  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140327-974CA

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionCoastal Contracts Bhd. (“COASTAL” or “the Company”)
Notification from a Principal Officer of COASTAL of Dealing in the Securities of the Company Outside Closed Period

COASTAL has received a notification from a Principal Officer of the Company of his dealing in the Company’s securities outside closed period as follows:

Name of Principal Officer

Description of Securities

Date Transacted

Disposed

Price per Security

No. of Securities

% of Securities in COASTAL

Ng San Chen

Ordinary Shares

24/03/2014

10,000

0.002

RM4.97

This announcement is dated 27 March 2014.



COASTAL - Changes in Director's Interest (S135) - Ng Chin Heng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameCOASTAL CONTRACTS BHD  
Stock Name COASTAL  
Date Announced27 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140327-977D9

Information Compiled By KLSE

Particulars of Director

NameNg Chin Heng
AddressLot 8, Taman Pecky Valley
Batu 2 1/2, Jalan Utara
90000 Sandakan, Sabah
Descriptions(Class & nominal value)Ordinary Shares of RM0.20 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
24/03/2014
10,000
4.970 

Circumstances by reason of which change has occurredDisposal of ordinary shares by son, Mr Ng San Chen, via open market
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)24,442,900 
Direct (%)4.6 
Indirect/deemed interest (units)213,633,200 
Indirect/deemed interest (%)40.203 
Date of notice27/03/2014

Remarks :
The disposal of 10,000 ordinary shares (Indirect) represents 0.002% of the total issued and paid up capital of the Company excluding shares bought back by the Company.

Indirect/Deemed Interests are made up as follows:

62,219,874 (Indirect Interests via shareholdings of wife and children)
151, 413,326 (Deemed Interests via shareholdings of Ivory Asia Sdn. Bhd.)
-----------
213,633,200
===========


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

Announcement Type: Financial Results
Company NameHIAP TECK VENTURE BERHAD  
Stock Name HIAPTEK  
Date Announced27 Mar 2014  
CategoryFinancial Results
Reference NoCC-140320-54224

Financial Year End31/07/2014
Quarter2
Quarterly report for the financial period ended31/01/2014
The figureshave not been audited

Attachments

Q2 FY14 Announcements.pdf
229 KB

  • 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
259,134
280,991
529,580
554,030
2Profit/(loss) before tax
12,224
4,127
29,309
6,425
3Profit/(loss) for the period
7,280
1,786
21,340
2,800
4Profit/(loss) attributable to ordinary equity holders of the parent
7,280
1,786
21,340
2,800
5Basic earnings/(loss) per share (Subunit)
1.03
0.25
3.01
0.40
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 ($$)
1.3100
1.2800
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


EIG - OTHERS Esthetics International Group Berhad (“EIGB”) -Voluntary deregistration of EIG Global Australia Pty Ltd, a wholly-owned subsidiary of EIGB

Announcement Type: General Announcement
Company NameESTHETICS INTERNATIONAL GROUP BERHAD  
Stock Name EIG  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoC&-140327-C91F9

TypeAnnouncement
SubjectOTHERS
DescriptionEsthetics International Group Berhad (“EIGB”)
-Voluntary deregistration of EIG Global Australia Pty Ltd, a wholly-owned subsidiary of EIGB

1. INTRODUCTION

The Board of Directors of EIGB wishes to announce that EIGB had on 27 March 2014 received a letter from Australian Securities & Investments Commission (“ASIC”) dated 21 March 2014 approving the application for the voluntary deregistration of EIG Global Australia Pty Ltd (“EIG Australia”). ASIC will publish a notice of EIG Australia’s proposed deregistration and deregister EIG Australia two months after the publication of the notice.


2. INFORMATION OF EIG AUSTRALIA

 

EIG Australia was incorporated in Australia under the Corporations Act 2001 and registered in Victoria on 7 June 2007 as a private company limited by shares, with an issued and paid-up share capital of AUD100/-. EIG Australia is currently dormant, and the voluntary deregistration of EIG Australia is to streamline the EIGB Group corporate structure with its operating presence and activities.


3. APPROVAL REQUIRED


The application for voluntary deregistration is at the sole discretion of ASIC and is not subject to the approval of the shareholders of EIGB.


4. EFFECTS OF THE VOLUNTARY DEREGISTRATION

 

The voluntary deregistration of EIG Australia will not have any operational impact and material financial effect on the net assets and earnings per share of EIGB for the financial year ending 31 March 2014.


5. STATEMENT BY BOARD OF DIRECTORS

 

The Board of EIGB, having taken into consideration all aspects of the voluntary deregistration, is of the opinion that the voluntary deregistration is in the best interest of EIGB.


This announcement is dated 27 March 2014.


APEX - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameAPEX EQUITY HOLDINGS BERHAD  
Stock Name APEX  
Date Announced27 Mar 2014  
CategoryChange Of Company Secretary
Reference NoAE-140327-63128

Date of change27/03/2014
Type of changeAppointment
DesignationSecretary
License no.MAICSA 7007682
NameLow Kim Heow
Working experience and occupation during past 5 years


ICAP - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameICAPITAL.BIZ BERHAD  
Stock Name ICAP  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoCK-140326-36BE8

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionOn behalf of the Board of icapital.biz Berhad, we wish to announce that the Net Asset Value per share of icapital.biz Berhad as at 26 March 2014 was RM3.03.



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

Announcement Type: General Announcement
Company NameCOMPLETE LOGISTIC SERVICES BERHAD  
Stock Name COMPLET  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoCL-140327-61284

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDISPOSAL OF THE ENTIRE EQUITY INTEREST IN A SUBSIDIARY,COMPLETE TRANSPORT SERVICES SDN BHD (“CTS”), EQUIVALENT TO 10,000 ORDINARY SHARES OF RM1.00 EACH

1.0 INTRODUCTION

 

The Board of Directors (“the Board”) of CLSB wishes to announce that the Company had on 27 March 2014 entered into a Sale and Purchase Agreement (“SPA”) for the disposal of the entire equity interest in CTS equivalent to 10,000 ordinary shares of RM1.00 each (“the Sale Shares”) on equal basis to each Ms Lin Puey See and Ms Ong Shirley (collectively known as “the Purchasers”) for a total cash consideration of RM5,400 (“the Disposal”). Upon completion of the Disposal, CTS will cease to be a wholly-owned subsidiary of CLSB.

 

 

2.0 INFORMATION ON CTS

 

2.1 History and Business

 

CTS was incorporated on 24 April 2001 as a private limited company under the Companies Act 1965. As at to-date, the authorised share capital of CTS is RM100,000 comprising 100,000 ordinary shares of RM1.00 each, of which the issued and paid-up share capital is RM10,000 divided into 10,000 ordinary shares of RM1.00 each. The principal activities of CTS are providing lorry and trucking services but it ceased its operations in January 2014. As at to-date, CTS does not have any subsidiary or associated company.

 

2.2 Financial Information

 

The latest financial information on CTS based on the audited financial statements for the financial year ended 31 March 2013 and the unaudited financial statements for the period ended 24 March 2014 are as follows:

 

Audited

financial year ended

31 March 2013

RM

Unaudited

period ended

24 March 2014

RM

Net profit/(loss) of CTS

47,097

(13,534)

Net assets of CTS

106,965

5,431

 

2.3 Original Cost and Date of Investment


 
The Sale Shares were acquired by CLSB on 31 August 2006 at a cost of RM310,711 and CLSB is expected to realise a loss on disposal of approximately RM305,000 upon completion of the Disposal.

 

 

3.0 SALE CONSIDERATION

 

The sale consideration of RM5,400 was arrived at on a willing buyer willing seller basis after taking into account the present dormant status of CTS and the unaudited net assets of CTS as at 24 March 2014.

 

 

4.0 SALIENT TERMS OF THE SPA

 

The sale consideration of RM5,400 shall be payable within 30 days from the date of all the following conditions precedent being fulfilled:

 

Conditions precedent

Time frame

(a)

the approval of the shareholder of CTS, CLSB

By March 2014

(b)

the approval of the directors of CTS

By March 2014

(c)

the approvals of any other relevant authorities, if so required

Where CLSB is concerned, no approvals required


 

5.0 UTILISATION OF PROCEEDS

 

The proceeds arising from the Disposal of RM5,400 shall be utilised for the working capital of CLSB.

 

 

6.0 LIABILITIES AND GUARANTEES TO BE ASSUMED BY THE PURCHASERS

 

No liabilities and guarantees will be assumed by the Purchasers arising from the Disposal.

 

 

7.0 RATIONALE FOR THE DISPOSAL

 

The Disposal is undertaken by CLSB to streamline its group of companies that are dormant, where CTS has ceased its operation and become dormant in January 2014.

 

 

8.0 EFFECTS OF THE DISPOSAL

 

The Disposal is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of the Company for the financial year ending 31 March 2014.

 

 

9.0 DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

 

None of the Directors and/or major shareholders of the Company or any person connected to them have any interest, whether direct or indirect, in the Disposal.

 

 

10.0 APPROVAL REQUIRED

 

The Disposal does not require the approval of the shareholders of CLSB pursuant to paragraph 10.02(g) of the Main Market Listing Requirements as the highest percentage ratio applicable to the Disposal is 0.4%, arrived at based on the audited net profit of CTS as at 31 March 2013 compared with the audited consolidated net profit of CLSB as at 31 March 2013.

 

 

11.0 CASH COMPANY OR PRACTICE NOTE 17 (“PN17”) COMPANY

 

The Disposal is not expect to result CLSB becoming a cash company or PN17 company.

 

 

12.0 STATEMENT BY DIRECTORS

 

The Board is of the opinion that the Disposal is established under normal commercial terms and is in the best interest of the Company.

 

 

13.0 ESTIMATED TIME FRAME FOR COMPLETION

 

Barring unforeseen circumstances, the Disposal is expected to be completed within 30 days from the date of the SPA.

 

 

14.0 DOCUMENTS AVAILABLE FOR INSPECTION

 

The SPA is available for inspection at the Registered Office of the Company at 82-F, Jalan Pulasan, 41000 Klang, Selangor Darul Ehsan during normal business hours from Monday to Friday (except public holidays) for a period of three (3) months from the date of this announcement.

 

 

This announcement is dated 27 March 2014



SUNREIT - 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 NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT  
Date Announced27 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSR-140327-0FF75

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)Units in Sunway Real Estate Investment Trust
Name & address of registered holder1. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board of Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
2. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) of Suite No. 16.2, Level 16, Menara IMC, No. 8, Jalan Sultan Ismail, 50250 Kuala Lumpur
3. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON) of Suite 31-02, 31st Floor, Menara Keck Seng, 203, Jalan Bukit Bintang, 55100 Kuala Lumpur
4. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI) of Amundi Asset Management, Middle Office, 168 Robinson Road, #24-01 Capital Tower, Singapore 068912
5. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB) of Kenanga Investors Berhad, Suite 12.02, 12th Floor, Kenanga International, Jalan Sultan Ismail, 50250 Kuala Lumpur
6. Employees Provident Fund Board of Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/03/2014
100,000
 
Disposed24/03/2014
495,400
 

Circumstances by reason of which change has occurred1) Acquisition of equity managed by Portfolio Manager, Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board - 100,000 units
2) Disposal of equity managed by Portfolio Manager, Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI) - 495,400 units
Nature of interestDirect interest
Direct (units)283,657,600 
Direct (%)9.69 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change283,657,600
Date of notice25/03/2014

Remarks :
1. The direct interest of 283,657,600 units are held as follows:-
a) 234,905,500 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.
b) 1,500,000 units are registered in the name of Employees Provident Fund Board.
c) 4,888,100 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI).
d) 3,344,300 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB).
e) 32,940,400 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA).
f) 6,079,300 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON).

2. The Form 29B dated 25 March 2014 was received on 27 March 2014.


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

Announcement Type: General Announcement
Company NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoSR-140320-0CE52

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionSUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT")
- NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES

Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway REIT Management Sdn Bhd, the management company of SUNREIT, wishes to announce that Ng Sing Hwa, the Non-Independent Non-Executive Director of Sunway REIT Management Sdn Bhd, has given notice that Sunway REIT Management Sdn Bhd, a company in which he has deemed interest pursuant to Section 6A of the Companies Act, 1965, has transferred a total of 2,647,700 units in SUNREIT to its shareholders, Sunway Berhad and Millennium Pavilion Sdn Bhd, a company in which he has deemed interest pursuant to Section 6A of the Companies Act, 1965.

Deemed Interest in SUNREIT by virtue of Section 6A of the Companies Act, 1965

Date of TransferNo. of Units Transferred% of Transferred UnitsRemarks
26.03.20142,118,1600.07Transfer of units from Sunway REIT Management Sdn Bhd to Sunway Berhad
26.03.2014529,5400.02Transfer of units from Sunway REIT Management Sdn Bhd to Millennium Pavilion Sdn Bhd

The announcement is dated 27 March 2014.



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