SUNWAY - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 10 Mar 2014 |
| Category | General Announcement |
| Reference No | SS-140310-49897 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
| Description | SUNWAY BERHAD (“SUNWAY”) - VARIATION BETWEEN THE ACTUAL VALUE AND THE ESTIMATED VALUE BY 10% OR MORE OF THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE |
We refer to Sunway’s Circular to Shareholders in relation to the Proposed Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (“Proposed Shareholders’ Mandate”) dated 5 June 2013. The shareholders of Sunway at the Company’s Third Annual General Meeting held on 27 June 2013, has approved the ordinary resolution on the Proposed Shareholders’ Mandate. Pursuant to Paragraph 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Practice Note 12, Sunway wishes to announce that the actual value of the recurrent related party transaction (“RRPT”) as set out in the RRPT table attached, had exceeded the estimated value as disclosed in the Circular to Shareholders by more than 10% due to the additional funding required to purchase information technology equipment. | |
SKPETRO - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | SAPURAKENCANA PETROLEUM BERHAD |
| Stock Name | SKPETRO |
| Date Announced | 10 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140310-151B8 |
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 RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn. Bhd. Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur Employees Provident Fund Board Employees Provident Fund Board (CIMB PRI) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/03/2014 | 2,875,300 | |
| Disposed | 05/03/2014 | 740,000 |
| Remarks : |
| The Form 29B dated 6 March 2014 was received on 10 March 2014. |
GLOTEC - Changes in Director's Interest (S135) - Yong Nam Yun
| Company Name | GLOBALTEC FORMATION BERHAD |
| Stock Name | GLOTEC |
| Date Announced | 10 Mar 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CA-140310-8C25A |
Information Compiled By KLSE
Particulars of Director
| Name | Yong Nam Yun |
| Address | 947, Lorong Kuang Cermin 2 Taman Kepong 52100 Kuala Lumpur |
| Descriptions(Class & nominal value) | Ordinary share of RM0.10 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,000,000 |
| Circumstances by reason of which change has occurred | Disposed in direct business transaction |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 122,520,799 |
| Direct (%) | 2.28 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 10/03/2014 |
GLOTEC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | GLOBALTEC FORMATION BERHAD |
| Stock Name | GLOTEC |
| Date Announced | 10 Mar 2014 |
| Category | General Announcement |
| Reference No | CA-140310-8C265 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
| Description | Pursuant to paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following director has transacted dealings in the securities of Globaltec Formation Berhad as set out in the table below. | ||||||||||||
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FGV - OTHERS FELDA GLOBAL VENTURES HOLDINGS BERHAD (“FGV”) JOINT VENTURE BETWEEN FGV MYANMAR (L) PTE. LTD., A WHOLLY OWNED SUBSIDIARY OF FGV, WITH PHO LA MIN TRADING COMPANY LIMITED
| Company Name | FELDA GLOBAL VENTURES HOLDINGS BERHAD |
| Stock Name | FGV |
| Date Announced | 10 Mar 2014 |
| Category | General Announcement |
| Reference No | FG-140310-3537A |
| Type | Announcement |
| Subject | OTHERS |
| Description | FELDA GLOBAL VENTURES HOLDINGS BERHAD (“FGV”) JOINT VENTURE BETWEEN FGV MYANMAR (L) PTE. LTD., A WHOLLY OWNED SUBSIDIARY OF FGV, WITH PHO LA MIN TRADING COMPANY LIMITED |
1. INTRODUCTION The Board of Directors of Felda Global Ventures Holdings Berhad (“FGV”) is pleased to announce that FGV Myanmar (L) Pte. Ltd (“FGVM”), a wholly owned subsidiary of FGV, had on 8th March 2014 entered into a joint venture (“JVA”) agreement with Pho La Min Trading Company Limited (“PLM”) to establish a joint venture company (“JVC”) in the Republic Union of Myanmar to carry out the business of rubber plantation, processing, sale and marketing of rubber and other activities incidental and ancillary thereto and modifications and/or expansions thereof as mutually agreed by the Parties (“Proposed Joint Venture”). 2. DETAILS OF THE PARTIES 2.1 Information on FGVM FGVM was incorporated in Labuan, on 28 May 2013 under the Labuan Companies Act, 1990 and has an issued and paid up share capital of USD1.00. FGVM is primarily involved in the business of investment holding and other activities incidental and ancillary thereto. 2.2 Information on PLM PLM was incorporated in Myanmar, on 24 September 2004 under the Myanmar Companies Act, 1914 and has an issued and paid up share capital of Ks.5,000,000. PLM is primarily involved in the purchase of raw material for tyre manufacturers, trading and processing of the raw material for the export market. PLM specifically buys RSS 3, RSS 5 and cup lump from smallholders in Myanmar and either process or export the same to China and other countries. They are also involved in the business of import, export, wholesale and retail of commodities and other activities incidental and ancillary thereto. 3. SALIENT TERMS OF THE JVA 3.1 Conditions Precedent The Proposed Joint Venture is subject to the fulfilment of the following conditions precedent within three (3) months from the date of the JVA (“Conditions Precedent”):- i. Issuance of the Temporary Certificate of Incorporation and Temporary Permit to Trade to the JVC; ii. Issuance of the Myanmar Investment Commission (“MIC”) Permit to the JVC; iii. Payment of the Directorate of Investment and Company Administration ("DICA") Remittance Amount by both parties; iv. Issuance of the Final Certificate of Incorporation and Final Permit to Trade to the JVC; v. the completion of legal, financial, and operational due diligence to the satisfaction of FGV including but not limited to land search results for the lands held under Plot No. 174(AhahtuYagyiKwun), Kyaukphyar Village Tract, Myeik Township, Myeik District, Taninthayi Region, that is held by PLM (“the Lands”); vi. the Parties having procured the relevant committee and/or board of directors and/or shareholders’ approval to enter into this Agreement; vii. the receipt of the Malaysian Central Bank approval by FGV for outward remittance of monies for investment abroad; viii. FGV being satisfied as to the ownership and/or rights of use of PLM of the Lands under the Land Lease Agreement; ix. FGV being satisfied with the state of approval and the status for the change of land status for the Commercial Land from grazing to commercial or industrial; x. FGV being satisfied with the soil investigation test and report to be conducted on the Lands; xi. FGV being satisfied with the valuation report to be conducted on the Lands for the purpose of determining the value of the Lands; xii.the Parties having increased the registered/authorised capital of the Company to its optimum level of operation in the Republic Union of Myanmar; and xiii. the execution and completion of the ancillary agreements between the Parties. 3.2 Incorporation of JVC The JVC will be incorporated by the Parties under the name of FGV Pho La Min Company Limited, or such other name mutually agreed by the Parties with an initial authorised capital of US$50,000 divided into 50,000 shares of US$1.00 each. 3.3 Business of JVC The initial business of the JVC shall be provision of technical advisory services in the agriculture sector until the MIC Permit has been issued for the JVC to be engaged in the business of rubber plantation, processing, sale and marketing of rubber and other activities incidental and ancillary thereto. 3.4 Equity participation FGVM and PLM equity participation shall be premised on the shareholding proportion of 51:49 respectively. 4. RATIONALE FOR THE PROPOSED JV Through the joint venture, FGVM and PLM will be able to collaborate and leverage on each other’s strength and areas of expertise. 5. FINANCIAL EFFECTS OF THE PROPOSED JOINT VENTURE The Proposed Joint Venture is not expected to have significant effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings in FGV for the current year ending 31 December 2014. 6. APPROVALS REQUIRED The Proposed Joint Venture is not subject to the approval of the shareholders of FGV but is subject to such approvals as may be required under the laws of the Republic Union of Myanmar. 7. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the Directors and major shareholders of FGV and/or persons connected with them have any interest, direct or indirect, in the Proposed Joint Venture. 8. ESTIMATED TIMEFRAME FOR COMPLETION Bearing any unforeseen circumstances, the Proposed Joint Venture is expected to be completed in the fourth quarter of the financial year ending 2014. This announcement is dated 10 March 2014.
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FGV - OTHERS MEMORANDUM OF COLLABORATION BETWEEN SAP MALAYSIA SDN BHD AND FELDA PRODATA SYSTEMS SDN BHD (A SUBSIDIARY OF FELDA HOLDINGS BHD WHICH IN TURN IS A WHOLLY OWNED SUBSIDIARY OF FGV) DATED 10 MARCH 2014.
| Company Name | FELDA GLOBAL VENTURES HOLDINGS BERHAD |
| Stock Name | FGV |
| Date Announced | 10 Mar 2014 |
| Category | General Announcement |
| Reference No | FG-140310-ED80E |
| Type | Announcement |
| Subject | OTHERS |
| Description | MEMORANDUM OF COLLABORATION BETWEEN SAP MALAYSIA SDN BHD AND FELDA PRODATA SYSTEMS SDN BHD (A SUBSIDIARY OF FELDA HOLDINGS BHD WHICH IN TURN IS A WHOLLY OWNED SUBSIDIARY OF FGV) DATED 10 MARCH 2014. |
Felda Global Ventures Holdings Berhad (‘FGV’) wishes to announce that Felda Prodata Systems Sdn Bhd, a subsidiary of Felda Holdings Bhd which in turn is a wholly owned subsidiary of FGV, has signed a non-binding Memorandum of Collaboration (‘MOC’) on 10 March 2014 with SAP Malaysia Sdn Bhd, a company registered in Malaysia to explore the possibility of collaborating with each other in business opportunities in respect of services relating to the assessment and implementation of the goods and service tax (GST) in the public and government sector in Malaysia. The MOC sets out the understanding and intention of the parties during this interim exploratory period. The MOC shall remain valid for 6 months or such extended period as agreed in writing by the parties. None of the Directors nor major shareholders of FGV or persons connected with them has any interest, direct or indirect, in the MOC. This announcement is dated 10 March 2014. | |
FGV - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
| Company Name | FELDA GLOBAL VENTURES HOLDINGS BERHAD |
| Stock Name | FGV |
| Date Announced | 10 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | FG-140310-01868 |
Particulars of substantial Securities Holder
| Name | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) |
| Address | ARAS 4,5 & 6, MENARA YAYASAN TUN RAZAK 200, JALAN BUKIT BINTANG 55100 KUALA LUMPUR |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary share of RM1.00 each |
| Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Aras 4,5 & 6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 03/03/2014 | 69,800 | |
| Acquired | 04/03/2014 | 59,700 |
IHH - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | IHH HEALTHCARE BERHAD |
| Stock Name | IHH |
| Date Announced | 10 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | IH-140310-F9431 |
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 RM1.00 each |
| Name & address of registered holder | Employees Provident Fund Board Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur. (96,446,000 ordinary shares of RM1.00 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur. (636,688,000 ordinary shares of RM1.00 each) Employees Provident Fund Board Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur. (1,500,000 ordinary shares of RM1.00 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur. (19,590,000 ordinary shares of RM1.00 each) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/03/2014 | 2,042,100 |
| Remarks : |
| Notice was received on 10 March 2014. |
SHANG - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")
| Company Name | SHANGRI-LA HOTELS (MALAYSIA) BERHAD |
| Stock Name | SHANG |
| Date Announced | 10 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SH-140306-9024F |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome Chiyoda-ku Tokyo 100-8330 Japan |
| NRIC/Passport No/Company No. | - |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | (1) Aberdeen Asset Management Asia Limited 21 Church Street #01-01 Capital Square Two Singapore 049480 (2) Aberdeen Asset Management Sdn Bhd Suite 1005, 10th Floor Wisma Hamzah-Kwong Hing No. 1, Leboh Ampang 50100 Kuala Lumpur (3) Aberdeen International Fund Managers Limited Rm 2605-06, 26/F Alexandra House 18 Chater Road Central Hong Kong (4) Aberdeen Asset Management Inc. 103 Springer Building 3411 Silverside Road Wilmington Delaware 19810 USA |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 04/03/2014 | 36,500 |
| Remarks : |
| The Notice was received by the Company on 10.3.2014. |
MBMR - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 10 Mar 2014 |
| Category | General Announcement |
| Reference No | CK-140310-40998 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
| Description | MBM RESOURCES BERHAD ("MBMR" OR "THE COMPANY") - Dealings by Director During Outside Closed Period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad | ||||||||||||
The Managing Director of MBM Resources Berhad ("the Company"), Looi Kok Loon, has given notice of his dealings in the securities of the Company during outside closed period as follows:-
* Acquisition of ordinary shares by his father.
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