Company announcements: MELEWAR, PMCAP, AXREIT, WASEONG, PESTECH, PETGAS, AXIATA

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

Announcement Type: General Announcement

Company Name	MELEWAR INDUSTRIAL GROUP BERHAD
Stock Name	MELEWAR
Date Announced	4 Apr 2014
Category	General Announcement
Reference No	CM-140404-64750

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MELEWAR INDUSTRIAL GROUP BERHAD (“the Company”) (“MIG”) - Proposed disposal by Melewar Steel Engineering Sdn Bhd of Fifty One (51) Ordinary Shares of USD1.00 each representing 51.0% of the issued and paid-up share capital of MPerial Power Ltd to E Power Pte Ltd for a total consideration of US$11,000,000 only (“Proposed Disposal”)
1.0 INTRODUCTION The Board of Directors of MIG (“Board”) wishes to announce that Melewar Steel Engineering Sdn Bhd (“Vendor”), a wholly-owned subsidiary of the Company had on 4 April 2014 entered into a Shares Sale Agreement (“SSA”) with E Power Pte Ltd (“Purchaser”) for the proposed disposal of Fifty One (51) Ordinary Shares of US$1.00 each representing 51.0% of the issued and paid-up share capital of MPerial Power Ltd (“Mperial”) (“Sale Shares”) for a total consideration of United States Dollar: Eleven Million (US$11,000,000) only. In this respect, the Vendor and the Purchaser have entered into a Shareholders Agreement dated 4 April 2014 to regulate their relationship inter se as shareholders of Mperial and the conduct of the business of Mperial in the spirit of mutual confidence and co-operation and subject to and in accordance with the terms and conditions thereafter appearing in the Shareholders Agreement. Further details of the Proposed Disposal are set out in the ensuing sections. 2.0 DETAILS OF THE PROPOSED DISPOSAL 2.1 Information on Melewar Steel Engineering Sdn Bhd The Vendor was incorporated on 3 October 2005 as a private limited company by shares under the Companies Act, 1965. Its registered office is at Suite 12.03, 12th Floor, No. 566, Jalan Ipoh, 51200 Kuala Lumpur. The Vendor is principally an investment holding company. Its present authorized share capital is RM1,000,000 comprising 1,000,000 ordinary shares of RM1.00 each and its issued and paid up capital is RM1,000,000. The Vendor is a wholly-owned subsidiary of MIG. 2.2 Information on Mperial Power Ltd Mperial was incorporated on 15 December 2005 under the Offshore Companies Act, 1990. The authorized share capital of Mperial is US$13,000 divided into 13,000 ordinary shares of US$1.00 each. Its issued and paid-up share capital is US$100 comprising 100 ordinary shares of US$1.00 each. The Vendor is the registered owner of One Hundred (100) ordinary shares at the par value of US$1.00 each in the issued and paid-up ordinary share capital of Mperial representing 100.0% of the issued and paid-up share capital of Mperial. Mperial is the registered owner of Three Hundred Twenty Nine Million, One Hundred Eighty Nine Thousand, Four Hundred and Forty Nine (329,189,449) ordinary shares at the par value of THB10 each in the issued and paid-up ordinary share capital of Siam Power Generation Public Company Ltd (“Siam Power”), representing 98.4% of the issued and paid-up share capital of Siam Power. Mperial is also the registered owner of Five Thousand (5,000) ordinary shares at the par value of THB10 each in the issued and paid-up ordinary share capital of Siam Power Phase 2 Company Ltd (“SPP2”) and Five Thousand (5,000) ordinary shares at the par value of THB10 each in the issued and paid-up ordinary share capital of Siam Power Phase 3 Company Ltd (“SPP3”). Both SPP2 and SPP3 are wholly-owned subsidiaries of Mperial and are presently dormant. 2.3 Information on Siam Power Generation Public Company Ltd Siam Power was incorporated on 9 February 1996 under the Thai Civil and Commercial Code. The authorized and paid-up share capital of Siam Power is THB3,345,547,000 divided into 334,554,700 shares of THB10 each. The other shareholders holding the balance of 1.6% in Siam Power are E Power Pte Ltd holding 0.48%, Nippon Plant Management Private Co Ltd holding 1.12% and 12 (twelve) individuals holding a token 25 shares each. Siam Power was established to undertake the development and operation of an approximately 160 MW natural gas-fired combined cycle cogeneration power plant project located in the SSP Rayong Industrial Park, Ban Khai District, Rayong Province, Thailand (“Phase 1”), which currently supplies 90 MW of contracted capacity to the Electricity Generating Authority of Thailand (“EGAT”) under the Power Purchase Agreement dated 26 June 2009 executed between Mperial and EGAT, with the remaining net 70MW capacity being sold to G Steel Public Company Limited (“G Steel”) pursuant to the Amended and Restated Energy Services Agreement dated 19 August 2008 (the “ARES Agreement”). However, the supply of power to G Steel under the ARES Agreement has been suspended since late 2011 after G Steel shut down its steel operations due to financial difficulties. G Steel is currently undertaking a restructuring exercise and has not restarted its steel operations. Siam Power is currently operating at a loss due to low power generation following the failure of G Steel to offtake their contracted capacity and is expected to continue to operate at a loss until such time that G Steel is able to fulfil their offtake obligations under the ARES Agreement or until a substitute power offtaker for the 70MW can be secured. Siam Power has been awarded a second power purchase agreement (the “PPA”) by EGAT to supply another 90 MW of power to EGAT commencing 1 June 2016 (the “Commercial Operation Date”) and to this end, the Mperial has set up SPP2 to undertake the development, construction and operation of a second facility to meet the obligations of this PPA. The development of this second plant has not commenced as at the date of this agreement and is behind schedule to meet the Commercial Operation Date. 2.4 Information on E Power Pte Ltd The Purchaser was incorporated on 26 October 2005 under the laws of British Virgin Islands. The shareholder is Alliance Corporate Services Limitedand the directors are Phunica Ek-Un (Thai), Prinya Saniwalwaroon(Thai) and Peter Tay Yew Beng (Singaporean). Prinya Saniwalwaroon vide his company, Prinya Assets Limited is the new owner and developer of the SSP Rayong Industrial Park where Siam Power’s plant is located. The Purchaser was the original owner of 146,249,700 ordinary shares in Siam Power and vide Share Sale Agreements dated 30 December 2005 and 9 July 2008, the Purchaser had sold collectively 144,634,749 ordinary shares representing 95.03% interest in Siam Power to Mperial for a total consideration of US$34,300,000. As at 28 February 2014, Mperial is still indebted to the Purchaser in the sum of US$10,213,924.44 (“the Debt”), of which US$7,602,125.65 is the balance purchase price remaining unpaid and US$2,611,798.79 is the accrued interest. 2.5 Salient terms of the SSA 2.5.1 The consideration payable for the Sale Shares shall be the sum of US$11,000,000 (United States Dollar: Eleven million) only (the “Consideration”). 2.5.2 The Consideration shall be fully satisfied in the following manner: (a) by the offset of the Debt due from the Vendor to the Purchaser (after the prior internal assignment cum novation of the Debt from the Mperial to the Vendor) on or before the Completion Date; and (b) the balance of the Consideration shall be paid in cash on Completion Date. 2.5.3 Upon the settlement of the Consideration as described above, the Proposed Disposal therein shall be deemed to be completed. 2.5.4 Subject to satisfactory results of due diligence on Mperial performed by the Purchaser, the Proposed Disposal is expected to be completed within 30 (thirty) days from the date of the SSA; and 2.5.5 Upon completion of the Proposed Disposal, Mperial will cease to be a subsidiary of the Vendor and become a 49% associate company of the Vendor. 2.6 Basis and justification for the disposal consideration The Consideration of US$11,000,000 (United States Dollar: Eleven million) was arrived at on a willing-buyer willing-seller basis after taking into account: (a) the recurring losses incurred by Mperial in relation to the power generation business; (b) the Debt owing to the Purchaser; and (c) the non-core business of Mperial to MIG. 2.7 Liabilities and guarantees to be assumed Saved for the performance guarantee issued by Siam Power favouring EGAT in connection with the PPA, there are no other liabilities and guarantees to be assumed by the Purchaser arising from the Proposed Disposal. 3.0 RATIONALE FOR THE PROPOSED DISPOSAL The MIG Group is principally involved in the steel manufacturing businesses. The Proposed Disposal is in line with the divestment strategy of MIG to enable the MIG Group to focus its resources, both financial and management time, in its steel manufacturing businesses. The Proposed Disposal represents the best avenue for MlG to settle the long outstanding Debt owing to the Purchaser and is also part of the rationalization exercise of MIG undertaken to address the PN1 status of the Company taking cognizance of the fact that Siam Power faces business viability risk. 4.0 FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL The Proposed Disposal would result in a loss of RM48.0 million. Mperial would therefore cease to be a subsidiary of the Vendor and as such, Mperial and its immediate subsidiaries (Siam Power) will no longer be accounted by MIG Group as Subsidiaries but as “Investment in Associates”. In that regard, the pro-forma finance effects of the Proposed Disposal on MIG’s latest audited consolidated financial statement for the most recently completed financial period as at 30 June 2013, are as follows: Before After After Tax Earnings RM’million (215) (273) Earnings per share (Sens) (95.32) (120.88) Net Assets RM’million 205 421 Gearing (times) 2.49 0.46 The Proposed Disposal does not have any effect on the share capital and substantial shareholders’ shareholdings. 5.0 APPROVAL REQUIRED The Proposed Disposal is not subject to the approval of the shareholders of MIG. 6.0 DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the Directors, major shareholders of MIG and/or person connected to them have any interest, whether direct or indirect, in the Proposed Disposal. 7.0 DIRECTORS’ STATEMENT The Board, after taking into consideration all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interest of the Company. 8.0 HIGHEST PERCENTAGE RATIO APPLICABLE TO THE PROPOSED DISPOSAL PURSUANT TO PARAGRAPH 10.02(G) OF THE MAIN MARKET LISTING REQUIREMENTS (“PERCENTAGE RATIO”) Based on MIG’s audited consolidated financial statements for the financial year ended 30 June 2013, the highest Percentage Ratio applicable to the Proposed Disposal is approximately 24.9%. This announcement is dated 4 April 2014.

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PMCAP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:OTHERS

Announcement Type: General Announcement

Company Name	PAN MALAYSIA CAPITAL BERHAD
Stock Name	PMCAP
Date Announced	4 Apr 2014
Category	General Announcement
Reference No	PM-140404-67680

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS
Description	PAN MALAYSIA CAPITAL BERHAD (“PM CAP” OR “THE COMPANY”) - EXTENSION OF TIME TO SUBMIT THE REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 (“PN17”) OF MAIN MARKET LISTING REQUIREMENTS (“MMLR”) OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)
Reference is made to the announcement dated 24 February 2014 in relation to the submission by the Company of an application to Bursa Securities for an extension of time to submit the Company’s regularisation plan (“Application”). The Board of Directors of PM CAP wishes to inform that Bursa Securities has via its letter dated 4 April 2014, rejected the Application. This announcement is dated 4 April 2014.

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PMCAP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:SUSPENSION AND/OR DELISTING

Announcement Type: General Announcement

Company Name	PAN MALAYSIA CAPITAL BERHAD
Stock Name	PMCAP
Date Announced	4 Apr 2014
Category	General Announcement
Reference No	PM-140404-67448

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 SUSPENSION AND/OR DELISTING
Description	PAN MALAYSIA CAPITAL BERHAD (“PM CAP” OR “THE COMPANY”) SUSPENSION AND/OR DELISTING OF PM CAP
The Board of Directors of PM CAP wishes to announce that the Company has received a suspension and delisting notice dated 4 April 2014 from Bursa Malaysia Securities Berhad (“Bursa Securities”) wherein Bursa Securities has noted that the Company had failed to submit a regularisation plan to Bursa Securities for approval within 12 months from the Company’s First Announcement in accordance with paragraph 8.04(3)(a)(i) of the Bursa Securities Main Market Listing Requirements ("Main LR") i.e. on or before 25 February 2014 and further, the Company’s application for an extension of time to submit the regularisation plan was rejected, as communicated by Bursa Securities to the Company on 4 April 2014. In the circumstances and pursuant to paragraph 8.04(5) of the Main LR:- (a) the trading in the securities of the Company will be suspended with effect from 14 April 2014; and (b) the securities of the Company will be de-listed on 16 April 2014 unless an appeal against the de-listing is submitted to Bursa Securities on or before 11 April 2014 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities. In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 16 April 2014 shall be deferred pending the decision on the Company’s appeal. With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository. Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures. Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. This announcement is dated 4 April 2014.

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AXREIT - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings

Company Name	AXIS REAL ESTATE INVESTMENT TRUST
Stock Name	AXREIT
Date Announced	4 Apr 2014
Category	General Meetings
Reference No	MI-140404-67028

Type of Meeting	EGM
Indicator	Notice of Meeting
Description	AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”) (I) PROPOSED AUTHORITY TO ALLOT AND ISSUE UP TO 86,040,951 NEW UNITS IN AXIS-REIT (“UNITS”), REPRESENTING UP TO 18.65% OF THE EXISTING ISSUED FUND SIZE OF AXIS-REIT OF 461,239,089 UNITS (“PROPOSED AUTHORITY”) TO FACILITATE A PLACEMENT EXERCISE (“PROPOSED PLACEMENT”); (II) PROPOSED INCREASE IN THE EXISTING ISSUED FUND SIZE OF AXIS-REIT FROM 461,239,089 UNITS UP TO A MAXIMUM OF 547,280,040 UNITS PURSUANT TO THE PROPOSED AUTHORITY (“PROPOSED INCREASE IN FUND SIZE”); AND (III) PROPOSED SUBSCRIPTION OF NEW UNITS UNDER THE PROPOSED PLACEMENT BY THE INTERESTED PERSONS (“PROPOSED SUBSCRIPTION”) (THE PROPOSED AUTHORITY, PROPOSED INCREASE IN FUND SIZE AND PROPOSED SUBSCRIPTION ARE COLLECTIVELY REFERRED TO AS “PROPOSALS”) We refer to the announcements dated 11 March 2014 and 1 April 2014 in relation to the Proposals. On behalf of the Board of Directors of Axis REIT Managers Berhad, being the management company of Axis-REIT, Maybank Investment Bank Berhad is pleased to announce that the meeting of the unitholders of Axis-REIT (“Unitholders”) will be held at Kristal Ballroom, Level 1, West Wing, Hilton Petaling Jaya, No. 2, Jalan Barat, 46200 Petaling Jaya, Selangor Darul Ehsan on Tuesday, 29 April 2014 at 10.30 a.m. or immediately after the conclusion of the Second Annual General Meeting, or at any adjournment. Please refer to the attachment for the notice of Unitholders’ meeting. This announcement is dated 4 April 2014.
Date of Meeting	29/04/2014
Time	10:30 AM
Venue	Kristal Ballroom, Level 1, West Wing, Hilton Petaling Jaya, No. 2, Jalan Barat, 46200 Petaling Jaya, Selangor Darul Ehsan
Date of General Meeting Record of Depositors	22/04/2014

Attachments Notice of Unitholders' Meeting 07042014.pdf 232 KB

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WASEONG - Changes in Director's Interest (S135) - Giancarlo Maccagno

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	WAH SEONG CORPORATION BERHAD
Stock Name	WASEONG
Date Announced	4 Apr 2014
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	WS-140404-6B3F0

Information Compiled By KLSE

Particulars of Director

Name	Giancarlo Maccagno
Address	Lot 203, Jalan Kiara Payong, Sierramas 47000 Sungai Buloh Selangor Darul Ehsan
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)
Others	03/04/2014	103,965

Description of other type of transaction	Special single tier share dividend via a distribution of Treasury Shares on the basis of one (1) Treasury Share for every one hundred and fifty (150) ordinary shares of RM0.50 each held.
Circumstances by reason of which change has occurred	Special single tier share dividend via a distribution of Treasury Shares on the basis of one (1) Treasury Share for every one hundred and fifty (150) ordinary shares of RM0.50 each held.
Nature of interest	Direct
Consideration (if any)

Total no of securities after change
Direct (units)	15,698,851
Direct (%)	2.0274
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	03/04/2014

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 distribution of a special single tier share dividend via a distribution of Treasury Shares on the basis of one (1) Treasury Share for every one hundred and fifty (150) ordinary shares of RM0.50 each held of 103,965 ordinary shares represent 0.0134%. 3. The Notice of Change in the Interest of Director dated 3 March 2014 was received on 4 March 2014 from Giancarlo Maccagno.

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

Announcement Type: General Announcement

Company Name	PESTECH INTERNATIONAL BERHAD
Stock Name	PESTECH
Date Announced	4 Apr 2014
Category	General Announcement
Reference No	CS-140404-61672

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH" or "the Company") - DEALINGS IN SECURITIES OF PESTECH OUTSIDE CLOSED PERIOD
The Company wishes to announce that the following Director of the Company had given notice of his dealings in the Ordinary Shares of RM0.50 each in the Company, outside closed period, details as set out in the table below:- Name Designation No. of shares Percentage (%) Mr. Lim Pay Chuan Executive Director/Chief Executive Officer (300,000) (Direct Interest) 0.31 This announcement is dated 4 April 2014.

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PESTECH - Changes in Sub. S-hldr's Int. (29B) - Lim Pay Chuan

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	PESTECH INTERNATIONAL BERHAD
Stock Name	PESTECH
Date Announced	4 Apr 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CS-140404-61424

Particulars of substantial Securities Holder

Name	Lim Pay Chuan
Address	No. 346, Jalan Yong Pak Kian, Ujong Pasir, 75050 Melaka
NRIC/Passport No/Company No.	700920-04-5015
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary Shares of RM0.50 each
Name & address of registered holder	Kenanga Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Lim Pay Chuan 8th Floor, Kenanga International, Jalan Sultan Ismail, 50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	03/04/2014	300,000	4.170

Circumstances by reason of which change has occurred	Disposal of shares via off-market deal
Nature of interest	Direct Interest
Direct (units)	22,129,400
Direct (%)	22.57
Indirect/deemed interest (units)	186,100
Indirect/deemed interest (%)	0.19
Total no of securities after change	22,315,500
Date of notice	04/04/2014

Remarks :

Indirect Interest:- VESTECH Projects Sdn. Bhd. - 186,100

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PESTECH - Changes in Director's Interest (S135) - Lim Pay Chuan

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	PESTECH INTERNATIONAL BERHAD
Stock Name	PESTECH
Date Announced	4 Apr 2014
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	CS-140404-61155

Information Compiled By KLSE

Particulars of Director

Name	Lim Pay Chuan
Address	No. 346, Jalan Yong Pak Kian, Ujong Pasir, 75050 Melaka
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)
Disposed	03/04/2014	300,000	4.170

Circumstances by reason of which change has occurred	Disposal of shares via off-market deal
Nature of interest	Direct Interest
Consideration (if any)	1,251,000.00

Total no of securities after change
Direct (units)	22,129,400
Direct (%)	22.57
Indirect/deemed interest (units)	186,100
Indirect/deemed interest (%)	0.19
Date of notice	04/04/2014

Remarks :

Indirect Interest:- VESTECH Projects Sdn. Bhd. - 186,100

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PETGAS - 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 Name	PETRONAS GAS BERHAD
Stock Name	PETGAS
Date Announced	4 Apr 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	PG-140404-C3360

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	Malaysian
Descriptions (Class & nominal value)	Ordinary Share of RM1.00/share
Name & address of registered holder	CITIGROUP NOMINEES (TEMPATAN) SDN BHD Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	01/04/2014	100,000
Disposed	01/04/2014	102,900

Circumstances by reason of which change has occurred	1.Sale of shares on the open market 2.Sale of shares managed by portfolio manager (NOMURA)
Nature of interest	Direct
Direct (units)	267,922,700
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	267,922,700
Date of notice	02/04/2014

Remarks :

The direct interest of 267,922,700 shares comprising: a) 254,279,000 shares held by Citigroup Nominees Tempatan) Sdn. Bhd; b) 1,497,600 shares held EPF Board; c) 253,500 shares held by Employees Provident Fund Board (KIB); d) 0 shares held by Employees Provident Fund Board (HDBS); e) 125,300 shares held by Employees Provident Fund Board (RHB INV); g) 532,100 shares held by Employees Provident Fund Board (AM INV); h) 6,221,400 shares held by Employees Provident Fund Board (NOMURA); i) 4,543,800 shares held by Employees Provident Fund Board (CIMB PRI); j) 470,000 shares held by Employees Provident Fund Board (ARIM); Received Form 29B on 4 April 2014

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AXIATA - 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 Name	AXIATA GROUP BERHAD
Stock Name	AXIATA
Date Announced	4 Apr 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	AG-140404-0E4A0

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	1) Employees Provident Fund Board ("EPF Board") Ibu Pejabat KWSP, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur 2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board 3) Citigroup EPF Board (AMUNDI) 4) Citigroup EPF Board (KIB) 5) Citigroup EPF Board (HDBS) 6) Citigroup EPF Board (RHB INV) 7) Citigroup EPF Board (AM INV) 8) Citigroup EPF Board (MAYBAN) 9) Citigroup EPF Board (NOMURA) 10) Citigroup EPF Board (CIMB PRI) 11) Citigroup EPF Board (ARIM) 12) Citigroup EPF Board (TEMPLETON) 13) Citigroup EPF Board (ABERDEEN) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	01/04/2014	5,824,500

Circumstances by reason of which change has occurred	Citigroup EPF Board - Disposal of 5,824,500 shares
Nature of interest	Direct
Direct (units)	1,029,867,706
Direct (%)	12.05
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	1,029,867,706
Date of notice	02/04/2014

Remarks :

1) The total number of 1,029,867,706 ordinary shares comprised of the following:- a) Citigroup EPF Board - 941,663,706 b) EPF Board - 3,332,900 c) Citigroup EPF Board (AMUNDI) - 2,381,250 d) Citigroup EPF Board (KIB) - 830,000 e) Citigroup EPF Board (HDBS) - 12,019,375 f) Citigroup EPF Board (RHB INV) - 2,655,000 g) Citigroup EPF Board (AM INV) - 6,122,650 h) Citigroup EPF Board (MAYBAN) - 1,780,000 i) Citigroup EPF Board (NOMURA) - 31,471,300 j) Citigroup EPF Board (CIMB PRI) - 15,653,325 k) Citigroup EPF Board (ARIM) - 2,850,000 l) Citigroup EPF Board (TEMPLETON) - 3,408,200 m) Citigroup EPF Board (ABERDEEN) - 5,700,000 2) Form 29B received on 4 April 2014

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