April 22, 2014

Company announcements: BAHVEST, KLK, F&N, PRTASCO, HIAPTEK, THPLANT, DIGI, KAWAN, PMETAL

BAHVEST - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameBORNEO AQUA HARVEST BERHAD (ACE Market) 
Stock Name BAHVEST  
Date Announced22 Apr 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCA-140422-F4B43

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployees' Share Option Scheme
No. of shares issued under this corporate proposal500,000
Issue price per share ($$)MYR 0.700
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units406,227,750
CurrencyMYR 40,622,775.000
Listing Date23/04/2014


KLK - 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 NameKUALA LUMPUR KEPONG BERHAD  
Stock Name KLK  
Date Announced22 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKL-140422-751B4

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
[Employees Provident Fund Board]
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)
Acquired17/04/2014
13,400
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect
Direct (units)151,271,338 
Direct (%)14.2 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change151,271,338
Date of notice18/04/2014

Remarks :
Notification received on 22/04/2014


F&N - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameFRASER & NEAVE HOLDINGS BHD  
Stock Name F&N    
Date Announced22 Apr 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoF&-140422-39011

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal8,700
Issue price per share ($$)MYR 11.494
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units365,818,401
CurrencyMYR 365,818,401.000
Listing Date23/04/2014

Remarks :
6,500 shares were issued at RM10.47 per share.
2,200 shares were issued at RM14.52 per share.

Average weighted issue price is RM11.494.


PRTASCO - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced22 Apr 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCA-140421-D5E6A

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalAdditional listing of 418,500 new ordinary shares of RM0.50 each in Protasco Berhad arising from the exercise of Employees' Share Scheme ("ESS") options pursuant to the Company's ESS
No. of shares issued under this corporate proposal418,500
Issue price per share ($$)MYR 1.190
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units334,055,090
CurrencyMYR 167,027,545.000
Listing Date23/04/2014


HIAPTEK - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameHIAP TECK VENTURE BERHAD  
Stock Name HIAPTEK  
Date Announced22 Apr 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140422-D990C

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalExercise of Option to Subscribe
No. of shares issued under this corporate proposal1,719,000
Issue price per share ($$)MYR 0.500
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units716,352,075
CurrencyMYR 358,176,037.500
Listing Date23/04/2014


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

Announcement Type: General Announcement
Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT  
Date Announced22 Apr 2014  
CategoryGeneral Announcement
Reference NoTP-140422-35A86

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionThe production figures of TH Plantations Berhad Group for the month of March 2014.
We wish to inform that the production figures of TH Plantations Berhad Group for the month of March 2014 are as follows:
No.
Product
Total (Metric Tonne)
1
Fresh Fruit Bunches
59,028.43
2
Crude Palm Oil
14,206.89
3
Palm Kernel
3,119.21

This announcement is dated 22 April 2014.


THPLANT - OTHERS TH PLANTATIONS BERHAD’S HEADLINE KEY PERFORMANCE INDICATORS

Announcement Type: General Announcement
Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT  
Date Announced22 Apr 2014  
CategoryGeneral Announcement
Reference NoTP-140311-38642

TypeAnnouncement
SubjectOTHERS
DescriptionTH PLANTATIONS BERHAD’S HEADLINE KEY PERFORMANCE INDICATORS
TH Plantations Berhad (“THP” or “Company”) wishes to announce its performance for financial year (“FY”) ended 31 December 2013 against targets and its headline Key Performance Indicators (“KPIs”) for FY ending 31 December 2014. These headline KPIs have been set and agreed by the Board of Directors of THP, as part of the broader KPI framework that THP has in place, as prescribed under the Government Linked Companies Transformation Programme, and is disclosed on a voluntary basis.
These headline KPIs are targets or aspirations set by the Company as a transparent performance management practice. These headlines KPIs shall not be construed as either forecasts, projections or estimates of the Company or representations of any future performance, occurrence or matter as the headline KPIs are merely a set of targets or aspirations of future performance aligned to the Company’s strategy.

Performance of FY2013 Headline KPIs
KPIs
2013
(Target)
2013
(Audited Group Results)
1.
Return On Equity (“ROE”)
6.50%
5.47%
2.
Fresh Fruit Bunches (“FFB”) yield
20.50 mt/ha
23.86 mt/ha
3.
Dividend
To distribute approximately 50% of Group’s Annual PATAMI
First and final single tier dividend per ordinary share of 3.62 sen (subject to shareholders’ approval).

THP Group recorded a sustainable progress in 2013 as we delivered on our commitments to reshape the Group amidst the challenging ambience of the plantation industry. We have exceeded the targeted FFB yield per ha by 16.39% to 23.86 mt/ha and recommended a dividend of 3.62 sen which is in line with THP Group’s sustainable dividend policy of distributing approximately 50% of PATAMI. However, the ROE achieved was 5.47% against a target of 6.50% due to corporate exercises undertaken that involved equity which resulted in a higher shareholders’ fund and softer earnings mainly attributed to lower commodity prices.

Target Headline KPIs for FY2014
KPIs
2014
(Target)
1.
ROE
6.0%
2.
FFB yield
22.40 mt/ha
3.
Dividend
To distribute approximately 50% of Group’s Annual PATAMI

Medium Term Headline KPIs (FY2013- FY2015)

Driven to undertake new and strategic land bank expansions of an additional 30,000 ha to strengthen THP Group’s position as a medium size plantation company.

As at todate, we have acquired 6,514 ha of oil palm plantation in Sarawak translating into 22% of the targeted land bank expansions. Barring unforeseen circumstances, we are optimistic to achieve the target by FY2015.


Commentary of Headline KPIs

We are concentrating on the Key Growth Nodes, the Group-wide business sustainable initiatives in maximizing value from our operations. Moving forward, the Group will remain focused on the sustainable business initiatives aimed to achieve higher FFB yields and Oil Extraction Rate on the back of lower production cost in order to optimize our financial performance.

It is the policy of our Directors in recommending dividends to allow shareholders to participate in the profits of our Group as well as retaining adequate reserves for the future growth of our Group. THP will take into consideration among others the Group’s level of cash, gearing, return on equity, retained earnings, working capital requirements, projected levels of capital expenditure, investment plans and its financial position in recommending and determining the level of dividend payments if any, in any particular financial year or period.

This announcement is dated 22 April 2014


DIGI - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameDIGI.COM BERHAD  
Stock Name DIGI  
Date Announced22 Apr 2014  
CategoryPDF Submission
Reference NoCC-140417-42567

SubjectCircular to Shareholders in relation to the Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature to be entered with Telenor ASA ("Telenor") and Persons Connected with Telenor.


KAWAN - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameKAWAN FOOD BERHAD  
Stock Name KAWAN  
Date Announced22 Apr 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140422-6F8E5

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrants to Shares
No. of shares issued under this corporate proposal25,000
Issue price per share ($$)MYR 1.400
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units120,695,390
CurrencyMYR 60,347,695.000
Listing Date23/04/2014


PMETAL - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced22 Apr 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140421-69307

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of 8-Year 6% Redeemable Convertible Secured Loan Stocks
No. of shares issued under this corporate proposal635,200
Issue price per share ($$)MYR 2.200
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units517,063,421
CurrencyMYR 258,531,710.500
Listing Date23/04/2014


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