April 18, 2014

Company announcements: APM, MHC, MEDAINC, PCHEM, ARMADA, SNTORIA, TUNEINS, KLCC

APM - OTHERS Announcement – Transactions (Chapter 10 of Listing Requirements) Recurrent Related Party Transactions Description – Recurrent Related Party Transactions of a Revenue or Trading Nature

Announcement Type: General Announcement
Company NameAPM AUTOMOTIVE HOLDINGS BERHAD  
Stock Name APM  
Date Announced18 Apr 2014  
CategoryGeneral Announcement
Reference NoAA-140418-62843

TypeAnnouncement
SubjectOTHERS
DescriptionAnnouncement – Transactions (Chapter 10 of Listing Requirements)
Recurrent Related Party Transactions
Description – Recurrent Related Party Transactions of a Revenue or Trading Nature

APM Automotive Holdings Berhad (“APM” or “the Company”) had at the 16th Annual General Meeting of the Company held on 22 May 2013 obtained a general mandate from its shareholders to allow APM and its subsidiaries (“APM Group”) to enter into recurrent related party transactions of a revenue or trading nature (“RRPTs”) with Tan Chong International Limited and its subsidiaries (“TCIL Group”).

In accordance with paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company informs that the actual value of the RRPTs entered into by APM Group with TCIL Group has exceeded by more than 10% of the estimated value disclosed in the Circular to shareholders dated 30 April 2013 as set out in Table 1 below.

 

TABLE 1

 

Nature of RRPT

 

Estimated Value as disclosed in the Circular to Shareholders dated 30 April 2013

(a)

 

Actual Value transacted from 22 May 2013 to 14 April 2014

(b)

 

 

Variance (3)

(b) - (a)

 

 

Reasons for the Variance

 

Sale of Automotive parts, components & provision of services

 

74,000,000

 

84,384,127

 

10,384,127

 

(14.03%)

 

Due to higher demand for the parts and components.

 


This announcement is dated 18 April 2014



MHC - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company NameMHC PLANTATIONS BHD.  
Stock Name MHC  
Date Announced18 Apr 2014  
CategoryGeneral Announcement
Reference NoCC-140409-35458

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionMHC Plantations Bhd.
Monthly Production - March 2014

We are pleased to submit the production of MHC Plantations Bhd. Group (including Cepatwawasan Group Berhad) for the month of March 2014 as follows:

Fresh Fruit Bunch - 15,064 MT

Crude Palm Oil - 8,873 MT

Kernel - 2,413 MT

This announcement is dated 18 April 2014.



MEDAINC - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameMEDA INC. BERHAD  
Stock Name MEDAINC  
Date Announced18 Apr 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoMI-140418-62625

Date of buy back18/04/2014
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)207,000
Minimum price paid for each share purchased ($$)0.775
Maximum price paid for each share purchased ($$)0.785
Total consideration paid ($$)161,085.00
Number of shares purchased retained in treasury (units)207,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,017,300
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 (%)1.27


MEDAINC - OTHERS MEDA INC BHD (“MEDA” OR THE “COMPANY”) AND ITS SUBSIDIARY COMPANIES (“MEDA GROUP”) Proposed Acquisition of subsidiary

Announcement Type: General Announcement
Company NameMEDA INC. BERHAD  
Stock Name MEDAINC  
Date Announced18 Apr 2014  
CategoryGeneral Announcement
Reference NoMI-140418-57591

TypeAnnouncement
SubjectOTHERS
DescriptionMEDA INC BHD (“MEDA” OR THE “COMPANY”) AND ITS SUBSIDIARY COMPANIES (“MEDA GROUP”)

Proposed Acquisition of subsidiary

The Board of Directors of Meda wishes to announce that MIB Construction Sdn. Bhd. (“MIB”), a wholly owned subsidiary company of Meda had on 18 April 2014 acquired one (1) ordinary share of RM1 each and subscribed for 51 ordinary shares of RM1 each (“Proposed Acquisition”), representing 52% equity interest in Ritzfield Acres Sdn. Bhd. (“RASB”). The remaining 48% of the equity interest in RASB is held by another corporate entity, ZCH Properties Sdn. Bhd.(“ZCH”).

Upon the Proposed Acquisition, RASB will become a subsidiary company of Meda.

RASB is a private company incorporated in Malaysia on 3 March 2014 with an authorised capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each of which 100 ordinary shares of RM1.00 each has been issued and fully paid-up. RASB is currently dormant. The intended principal activity of RASB is to carry out building, construction and development work.

The shareholding structure of RASB is as follows:

Name of Shareholders

No. of Ordinary Shares

%

MIB

52

52

ZCH

48

48

Total

100

100

The Proposed Acquisition represents an avenue for Meda to collaborate with strategic partner to explore relevant business opportunities in building, construction and development work with an aim to increase the revenue base of Meda Group.

The Proposed Acquisition is not expected to have any material effect on the shares capital, major shareholding, earnings, net assets and gearing of the Company for the financial year ending 31 December 2014.

None of the Directors and major shareholders of Meda and/or persons connected with them has any interest, direct or indirect in the Proposed Acquisition.

This announcement is dated 18 April 2014.

 

 

 

 



PCHEM - 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 NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced18 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPC-140418-652EB

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)Ordinary shares of RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FUND BOARD.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired15/04/2014
1,000,000
 

Circumstances by reason of which change has occurredPurchase of shares in the open market.
Nature of interestDirect
Direct (units)1,000,000 
Direct (%)0.012 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change962,784,400
Date of notice16/04/2014

Remarks :
Form 29B dated 16 April 2014 was received by the Company on 18 April 2014


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

Announcement Type: General Announcement
Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced18 Apr 2014  
CategoryGeneral Announcement
Reference NoBA-140418-B3B24

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we set out below details of the dealings in the Company's securities, outside a closed period, notified by a Principal Officer of the Company on 18 April 2014 ("Notification").

Name of Principal OfficerDate of dealing/transactionType of dealing/transaction No. of ordinary shares of RM0.20 each of Bumi Armada ("Bumi Armada Shares") and as a % of the total issued Bumi Armada Shares as at dealing/transaction dateConsideration/Transaction Price per Bumi Armada Shares
Noor Azmi bin Abdul Malek17 April 2014Disposal30,000 (negligible)RM4.00

This announcement is based on information in the Notification.



SNTORIA - Profile for Warrants

Announcement Type: Listing Information & Profile
Company NameSENTORIA GROUP BERHAD  
Stock Name SNTORIA-WA  
Date Announced18 Apr 2014  
CategoryListing Information & Profile
Reference NoCU-140411-60324

Instrument TypeWarrants
DescriptionWarrants issued pursuant to the Bonus Issue of Warrants 
Listing Date21/04/2014
Issue Date16/04/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit88,000,000
Maturity Date15/04/2019
Revised Maturity Date 
Exercise/ Conversion Period5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.6000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant : 1 Sentoria Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The bonus issue of 88,000,000 Warrants in Sentoria ("Warrants") are issued to the entitled shareholders of Sentoria on the basis of one (1) warrant for every five (5) existing ordinary shares of RM0.20 each held in Sentoria ("Sentoria Shares") at 5.00 p.m. on 16 April 2014 ("Bonus Issue of Warrants").

Each Warrant carries the entitlement to subscribe for one (1) new Sentoria Share at the exercise price of RM0.60 at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll dated 27 March 2014 constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 18 April 2014.


TUNEINS - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced18 Apr 2014  
CategoryGeneral Announcement
Reference NoCM-140416-52363

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionINTENTION TO DEAL BY DIRECTOR IN SECURITIES OF TUNE INS HOLDINGS BERHAD ("TIH") DURING CLOSED PERIOD

Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, TIH wishes to announce that Datuk Kamarudin Bin Meranun, a Non-Independent Non-Executive Director of TIH, intends to deal in the securities of TIH during the closed period prior to the release of the First Quarter results for the year 2014.

The total number of securities held by Datuk Kamarudin Bin Meranun as at 18 April 2014 is as follows:

Type of shareholding

Number of Ordinary Shares of RM0.10 each in the Company

% of the Company's issued capital

Direct

81,900

0.01

Indirect interest

Tune Money Sdn. Bhd.

Tune Group Sdn. Bhd.

AirAsia Berhad

29,300,000

188,465,856

121,677,000

3.90

25.07

16.19

Total

339,524,756

45.17

This announcement is dated 18 April 2014.


TUNEINS - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced18 Apr 2014  
CategoryGeneral Announcement
Reference NoCM-140416-51269

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionINTENTION TO DEAL BY DIRECTOR IN SECURITIES OF TUNE INS HOLDINGS BERHAD ("TIH") DURING CLOSED PERIOD

Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, TIH wishes to announce that Tan Sri Dr. Anthony Francis Fernandes, a Non-Independent Non-Executive Director of TIH, intends to deal in the securities of TIH during the closed period prior to the release of the First Quarter results for the year 2014.

The total number of securities held by Tan Sri Dr. Anthony Francis Fernandes as at 18 April 2014 is as follows:

Type of shareholding

Number of Ordinary Shares of RM0.10 each in the Company

% of the Company's issued capital

Direct

100,000

0.01

Indirect interest

Tune Money Sdn. Bhd.

Tune Group Sdn. Bhd.

AirAsia Berhad

29,300,000

188,465,856

121,677,000

3.90

25.07

16.19

Total

339,542,856

45.17

This announcement is dated 18 April 2014.



KLCC - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKLCC REAL ESTATE INVESTMENT TRUST  
Stock Name KLCC  
Date Announced18 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKR-140418-89961

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB
201-A, Jalan Tun Razak
50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Stapled Securities comprising of units in KLCC REIT stapled together with ordinary shares in KLCC Property Holdings Berhad
Name & address of registered holderAmanahRaya Trustees Berhad-
Skim Amanah Saham Bumiputera
Tingkat 4, Balai PNB
201-A, Jalan Tun Razak
50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/04/2014
1,181,000
 

Circumstances by reason of which change has occurredPurchase of stapled securities
Nature of interestDirect
Direct (units)106,782,700 
Direct (%)5.9148 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change106,782,700
Date of notice16/04/2014

Remarks :
This notice is received on 18 April 2014.


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