April 4, 2014

Company announcements: MKH, SAMUDRA, SAMUDRA-WA, GLOBALC, DIALOG, PMETAL, FRB, RCECAP, HARVEST

MKH - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):BONUS ISSUES

Announcement Type: General Announcement
Company NameMKH BERHAD  
Stock Name MKH  
Date Announced4 Apr 2014  
CategoryGeneral Announcement
Reference NoML-140404-65276

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
DescriptionMKH BERHAD (“MKH”)

PROPOSED BONUS ISSUE

We refer to the announcements dated 11 March 2014 and 25 March 2014 in relation to the Proposed Bonus Issue.

On behalf of the Board of Directors of MKH, Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, via its letter dated 4 April 2014, approved the listing of and quotation for the following:

(i) up to 75,671,382 new ordinary shares of RM1.00 each in MKH (“MKH Shares”) to be issued pursuant to the Proposed Bonus Issue;

(ii) up to 5,820,155 additional warrants to be issued arising from the adjustment pursuant to the Proposed Bonus Issue; and

(iii) up to 5,820,155 new MKH Shares to be issued pursuant to the exercise of the additional warrants.

The approval of Bursa Securities is subject to the following:

(i) MKH and HLIB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposed Bonus Issue;

(ii) MKH and HLIB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(iii) MKH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed;

(iv) MKH and HLIB are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a) and (b) and 6.35(4), and Paragraph 6.56(2)(ii) and (iii) of the Listing Requirements; and

(v) to furnish a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposed Bonus Issue.

This announcement is dated 4 April 2014.



SAMUDRA - FINANCIAL CONDITION

Announcement Type: Investor Alert Announcement
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced4 Apr 2014  
CategoryInvestor Alert Announcement
Reference NoAJ-140404-64279

Kindly refer to the company's First Announcement pursuant to Practice Note No. 17 dated 3 April 2014.



SAMUDRA - SAMUDRA-NEW ADMISSION INTO PN17

Announcement Type: Listing Circular
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced4 Apr 2014  
CategoryListing Circular
Reference NoAJ-140404-63862

LISTING'S CIRCULAR NO. L/Q : 70263 OF 2014

Kindly refer to the company's First Announcement pursuant to Practice Note No. 17 dated 3 April 2014.


SAMUDRA-WA - FINANCIAL CONDITION

Announcement Type: Investor Alert Announcement
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA-WA  
Date Announced4 Apr 2014  
CategoryInvestor Alert Announcement
Reference NoAJ-140404-642791

Kindly refer to the company's First Announcement pursuant to Practice Note No. 17 dated 3 April 2014.



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

Announcement Type: General Announcement
Company NameGLOBAL CARRIERS BERHAD  
Stock Name GLOBALC  
Date Announced4 Apr 2014  
CategoryGeneral Announcement
Reference NoOS-140404-66045

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
SUSPENSION AND/OR DELISTING
DescriptionGLOBAL CARRIERS BERHAD ("GLOBALC" or the “Company")
- APPLICATION FOR EXTENSION OF TIME TO SUBMIT THE COMPANY’S REGULARISATION PLAN (“APPLICATION”)

 Reference is made to the Company’s announcement dated 26 February 2014 on the above matter.

M&A Securities Sdn Bhd, on behalf of the Board of Directors of GLOBALC, is pleased to inform that after due consideration of all facts and circumstances of the Application, Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 4 April 2014, decided to grant the Company an extension of time up to 30 June 2014 to submit a regularisation plan to the regulatory authorities.

 

The aforesaid extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of GLOBALC and to de-list the Company in the event:

 

(a) the Company fails to submit a regularisation plan to the regulatory authorities on or before 30 June 2014;

 

(b) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and

 

(c) the Company fails to implement its regularisation plan within the timeframe or extended timeframe stipulated by any of the regulatory authorities.

 

Upon occurrence of any of the events set out in (a) to (c) above, Bursa Securities shall suspend the trading of the listed securities of GLOBALC on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities and delist the Company, subject to the Company’s right to appeal against the de-listing.

 

This announcement is dated 4 April 2014.

 



DIALOG - 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 NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced4 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-140404-64F3C

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
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)
Disposed01/04/2014
1,000,000
 
Acquired01/04/2014
150,000
 

Circumstances by reason of which change has occurredPurchase and Disposal of shares.
Nature of interestDirect
Direct (units)302,363,935 
Direct (%)12.44 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change302,363,935
Date of notice04/04/2014

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 1,000,000 shares) - 241,444,194 shares
Employees Provident Fund Board - 1,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 1,815,054 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 6,263,800 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 12,288,467 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 13,165,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 14,487,820 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) (Acquired 150,000 shares) - 2,150,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 1,000,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) - 7,000,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 1,249,600 shares

Total No. of shares - 302,363,935 shares


PMETAL - Changes in Director's Interest (S135) - DATO' KOON POH KEONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced4 Apr 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140404-EC8A4

Information Compiled By KLSE

Particulars of Director

NameDATO' KOON POH KEONG
AddressNO. 17, JALAN SS3/41,
TAMAN SUBANG,
47300 PETALING JAYA,
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)
Acquired
02/04/2014
2,260,000
2.200 
Acquired
02/04/2014
1,360,000
2.200 

Circumstances by reason of which change has occurredAcquisition of Ordinary Shares of RM0.50 each
Nature of interestDirect and Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)105,031,906 
Direct (%)20.37 
Indirect/deemed interest (units)78,589,700 
Indirect/deemed interest (%)15.24 
Date of notice04/04/2014

Remarks :
A. The direct interest in 105,031,906 ordinary shares of RM0.50 each are held as follows:-

i) 4,000,000 ordinary shares of RM0.50 each in the name of Alliancegroup Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
ii) 4,500,000 ordinary shares of RM0.50 each in the name of EB Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
iii) 9,500,000 ordinary shares of RM0.50 each in the name of RHB Capital Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
iv) 453,700 ordinary shares of RM0.50 each in the name of Maybank Securities Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
v) 26,811,327 ordinary shares of RM0.50 each in the name of Kenanga Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
vi) 6,592,953 ordinary shares of RM0.50 each in the name of HLIB Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
vii) 11,173,926 ordinary shares of RM0.50 each in the name of AMSEC Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
viii) 37,500,000 ordinary shares of RM0.50 each in the name of Maybank Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Dato' Koon Poh Keong.
ix) 4,500,000 ordinary shares of RM0.50 each in the name of Dato' Koon Poh Keong.

B. The indirect interest in 78,589,700 ordinary shares of RM0.50 each are held as follows:-
i) 13,589,700 ordinary shares of RM0.50 each by virtue of his spouse, Datin Khoo Ee Pheng's holdings.
ii) 65,000,000 ordinary shares of RM0.50 each by virtue of his direct interest in Alpha Milestone Sdn Bhd.

C. Alpha Milestone Sdn Bhd is a corporation associated with the Director, Dato' Koon Poh Keong by virtue of Section 6A of the Companies Act, 1965.

D. This announcement is also to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


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

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced4 Apr 2014  
CategoryGeneral Announcement
Reference NoOS-140404-63587

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionFORMIS RESOURCES BERHAD ("FRB" OR THE "COMPANY")
- HEADS OF AGREEMENT IN RELATION TO THE PROPOSED DISPOSAL OF SUBSIDIARIES ("PROPOSED DISPOSAL")
Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall be the same as the announcement dated 3 April 2014 (“Announcement”).
With reference to Section 3.1 of the Announcement, the respective amount of cash and RPS for the satisfaction of the disposal consideration of the Proposed Disposal were not determined in the HOA and will only be determined upon the Parties entering into the Definitive Agreements.

The NA of the Target Companies based on their respective audited accounts as at 31 March 2013 is as follows:
RM’000
ABSSB
19,636
FSTSB
3,479
FCSSB
#14,043
FSSB
5,461
FASSB
198

Note:

# NA at company level. The consolidated NA is RM33,826,674.

This announcement is dated 4 April 2014.


RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced4 Apr 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-140404-2AEBF

Date of buy back04/04/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)36,000
Minimum price paid for each share purchased ($$)0.290
Maximum price paid for each share purchased ($$)0.290
Total consideration paid ($$)10,516.78
Number of shares purchased retained in treasury (units)36,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)17,862,800
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 (%)1.54


HARVEST - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameHARVEST COURT INDUSTRIES BHD  
Stock Name HARVEST  
Date Announced4 Apr 2014  
CategoryChange in Boardroom
Reference NoCC-140404-DBE73

Date of change04/04/2014
NameDatuk Tan Choon Hwa (JMK, JP)
Age57
NationalityMalaysian
DesignationDirector
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonDue to other work and personal commitment which require his full attention.
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsHe gratuated from High School. He was awarded Pingat Bakti (P.B) in year 1992 and subsequently Justice of Peace (JP) in year 1994 and JMK in year 2010.  
Working experience and occupation He is a businessman with twenty (20) years of experiences in various industries such as timber, mining, international trading and, housing and land development. He is the Executive Chairman of TCH International Resources Group Sdn Bhd and TCH Vision Trading Corporation Sdn Bhd,non-executive director of VTI Vintage Berhad and Aturmaju Resources Berhad and non-independent non-executive director of China Stationery Limited. He also holds directorships in Fonpoint Foncare Enterprise Sdn Bhd, Pasaraya Besar Bilal Sdn Bhd, Intergold Entity (M) Sdn Bhd, Intergold Nexus (M) Sdn Bhd, Linapro Sdn Bhd, Tok Aman Bali Beach Resort Sdn Bhd, Corak Anggerik Sdn Bhd, Bakat Mentari Sdn Bhd and Sri Uda Sdn Bhd. He holds other chairmanship in several associations, e.g. Persatuan Teo Chew Association.  
Directorship of public companies (if any)1. China Stationery Limited
2. VTI Vintage Berhad
3. Aturmaju Resoruces Berhad
 
Family relationship with any director and/or major shareholder of the listed issuerNo 
Any conflict of interests that he/she has with the listed issuerNo 
Details of any interest in the securities of the listed issuer or its subsidiariesNo 


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