March 11, 2014

Company announcements: WASEONG, FURNWEB

WASEONG - Changes in Director's Interest (S135) - Chan Cheu Leong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced11 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoWS-140311-F89DD

Information Compiled By KLSE

Particulars of Director

NameChan Cheu Leong
AddressNo. 2
Jalan U-Thant 3
55000 Kuala Lumpur
Wilayah Persekutuan
Descriptions(Class & nominal value)Ordinary shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
06/03/2014
30,000
1.900 
Acquired
07/03/2014
20,000
1.910 
Acquired
10/03/2014
45,700
1.924 

Circumstances by reason of which change has occurred1. Acquisitions through open market by Midvest Asia Sdn Bhd
2. Acquisition through open market by Chan Cheu Leong
Nature of interestDirect & Deemed
Consideration (if any) 

Total no of securities after change

Direct (units)18,761,434 
Direct (%)2.438 
Indirect/deemed interest (units)39,907,093 
Indirect/deemed interest (%)5.186 
Date of notice11/03/2014

Remarks :
1. This announcement also serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

2. The above acquisitions by Midvest Asia Sdn Bhd of 50,000 ordinary shares represent 0.007%.

3. The above acquisition by Chan Cheu Leong of 45,700 ordinary shares represents 0.006%.

4. Out of 39,907,093 shares:
- 34,111,972 shares are registered in the name of Midvest Asia Sdn Bhd
- 5,642,499 shares are registered in the name of UOBM Nominees (Tempatan) Sdn Bhd for Midvest Asia Sdn Bhd
- 152,622 shares are registered in the names of his spouse and children

5. The Notice of Change in the Interest of Director dated 11 March 2014 was received on 11 March 2014 from Chan Cheu Leong.


WASEONG - Changes in Sub. S-hldr's Int. (29B) - Midvest Asia Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced11 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWS-140311-F89DB

Particulars of substantial Securities Holder

NameMidvest Asia Sdn Bhd
Address59-11, The Boulevard, Mid Valley City,
Lingkaran Syed Putra, 59200 Kuala Lumpur, Wilayah Persekutuan
NRIC/Passport No/Company No.164394-P
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderMidvest Asia Sdn Bhd
59-11, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
(34,111,972 ordinary shares of RM0.50 each)

UOBM Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Midvest Asia Sdn Bhd
Level 9, Menara UOB, Jalan Raja Laut, 50350 Kuala Lumpur
(5,642,499 ordinary shares of RM0.50 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/03/2014
30,000
1.900 
Acquired07/03/2014
20,000
1.910 

Circumstances by reason of which change has occurredAcquisitions through open market
Nature of interestDirect
Direct (units)39,754,471 
Direct (%)5.166 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change39,754,471
Date of notice11/03/2014

Remarks :
The Notice of Change in the Interest of Substantial Shareholder dated 11 March 2014 was received on 11 March 2014 from Midvest Asia Sdn Bhd.


WASEONG - Changes in Sub. S-hldr's Int. (29B) - Chan Cheu Leong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced11 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWS-140311-F89CF

Particulars of substantial Securities Holder

NameChan Cheu Leong
AddressNo. 2
Jalan U-Thant 3
55000 Kuala Lumpur
Wilayah Persekutuan
NRIC/Passport No/Company No.500820-71-5177
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderChan Cheu Leong
No. 2, Jalan U-Thant 3, 55000 Kuala Lumpur, Wilayah Persekutuan
(15,878,379 ordinary shares of RM0.50 each)

BBL Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Chan Cheu Leong
105 Jalan Tun H S Lee, 50000 Kuala Lumpur
(2,018,181 ordinary shares of RM0.50 each)

Maybank Nominees (Tempatan) Sdn Bhd
DBS Bank for Chan Cheu Leong
14th Floor, Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur
(864,874 ordinary shares of RM0.50 each)

Midvest Asia Sdn Bhd
59-11, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
(34,111,972 ordinary shares of RM0.50 each)

UOBM Nominees (Tempatan) Sdn Bhd.
Pledged Securities Account for Midvest Asia Sdn Bhd
Level 9, Menara UOB, Jalan Raja Laut, 50350 Kuala Lumpur
(5,642,499 ordinary shares of RM0.50 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/03/2014
30,000
1.900 
Acquired07/03/2014
20,000
1.910 
Acquired10/03/2014
45,700
1.924 

Circumstances by reason of which change has occurred1. Acquisitions through open market by Midvest Asia Sdn Bhd
2. Acquisition through open market by Chan Cheu Leong
Nature of interestDirect & Deemed
Direct (units)18,761,434 
Direct (%)2.438 
Indirect/deemed interest (units)39,754,471 
Indirect/deemed interest (%)5.166 
Total no of securities after change58,515,905
Date of notice11/03/2014

Remarks :
1. The Notice of Change in the Interest of Substantial Shareholder dated 11 March 2014 was received on 11 March 2014 from Chan Cheu Leong.

2. The above acquisitions by Midvest Asia Sdn Bhd of 50,000 ordinary shares were on 6 March 2014 and 7 March 2014.

3. The above acquisition by Chan Cheu Leong of 45,700 ordinary shares was on 10 March 2014.


FURNWEB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced11 Mar 2014  
CategoryGeneral Announcement
Reference NoMI-140311-67236

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionFURNIWEB INDUSTRIAL PRODUCTS BERHAD (“FIPB” OR “COMPANY”)

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 54,445,440 NEW ORDINARY SHARES OF RM0.50 EACH IN FIPB ("FIPB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.55 PER RIGHTS SHARE, ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FIVE (5) EXISTING FIPB SHARES HELD TOGETHER WITH UP TO 54,445,440 FREE DETACHABLE WARRANTS IN FIPB ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
We refer to the announcements made in relation to the Proposed Rights Issue with Warrants dated 29 January 2014 and 20 February 2014 (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.
On behalf of the Board of Directors of FIPB, KIBB is pleased to announce that Bursa Securities has vide the letter dated 11 March 2014 approved the following:

i) admission to the Official List and the listing of and quotation for up to 54,445,440 Warrants to be issued pursuant to the Proposed Rights Issue;
ii) listing of and quotation for up to 54,445,440 new FIPB Shares to be issued pursuant to the Proposed Rights Issue with Warrants; and
iii) listing of and quotation for up to 54,445,440 new FIPB Shares to be issued pursuant to the exercise of Warrants.
    The approval by Bursa Securities for the Proposed Rights Issue with Warrants is subject to the following conditions:

    i) FIPB and KIBB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Rights Issue with Warrants;
    ii) FIPB and KIBB to inform Bursa Securities upon the completion of the Proposed Rights Issue with Warrants;
    iii) FIPB and KIBB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue with Warrants is completed; and
    iv) FIPB to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a detailed computation of listing fees payable.

    This announcement is dated 11 March 2014.


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