PCHEM - GENERAL MEETINGS: OUTCOME OF MEETING
Announcement Type: General Meetings
| Company Name | PETRONAS CHEMICALS GROUP BERHAD |
| Stock Name | PCHEM |
| Date Announced | 24 Apr 2014 |
| Category | General Meetings |
| Reference No | PC-140423-33EA3 |
| Type of Meeting | AGM |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24/04/2014 |
| Time | 10:30 AM |
| Venue | Conference Hall 1, 2 and 3 Kuala Lumpur Convention Centre Kuala Lumpur City Centre 50088 Kuala Lumpur |
| Outcome of Meeting | The Board of Directors of PETRONAS Chemicals Group Berhad (“Company”) wishes to inform that the shareholders of the Company have at the 16th Annual General Meeting (“AGM”) held today passed all the resolutions set out in the Notice of Annual General Meeting dated 1 April 2014 by way of a show of hands with the exception to Resolution No. 2. Resolution No 2 relates to the re-election of Datuk Dr. Abd Hapiz bin Abdullah as the Director of the Company. Resolution No. 2 was omitted from the Agenda because Datuk Dr. Abd Hapiz bin Abdullah has opted to retire as Chief Executive Officer of the Company at the expiry of his employment contract with PETRONAS on 30 April 2014. He therefore does not wish to seek for re-election at the AGM. Accordingly, Datuk Dr. Abd Hapiz bin Abdullah retired as the Director of the Company at the conclusion of the AGM. |
PCHEM - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | PETRONAS CHEMICALS GROUP BERHAD |
| Stock Name | PCHEM |
| Date Announced | 24 Apr 2014 |
| Category | Change in Boardroom |
| Reference No | PC-140424-60290 |
| Date of change | 24/04/2014 |
| Name | Datuk Dr Abd Hapiz bin Abdullah |
| Age | 56 |
| Nationality | Malaysian |
| Designation | Chief Executive Officer |
| Directorate | Executive |
| Type of change | Resignation |
| Reason | Expiry of employment contract with PETRONAS |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | He holds a Doctor of Philosophy in Organic Chemistry from Utah State University, USA and a Bachelor of Science in Chemistry from University of Nevada, USA. He was conferred the Associate Fellow Engineers by the Institution of Chemicals Engineers in March, 2012. |
| Working experience and occupation | He has more than 28 years of technical, marketing and business development experience in the chemical manufacturing industry. In 1985, he joined Dow Chemical Malaysia and held several positions including as Regional Asia Pacific Technical Manager for Dow Chemical Polyolefins Asia Pacific and as Regional Asia Pacific Marketing Manager for Dow Chemical Polyolefins Asia Pacific. From 1995 to March 2011, he was with DuPont Malaysia Sdn Bhd. Over the last 15 years in DuPont Malaysia Sdn Bhd, Datuk Dr Abd Hapiz held several senior positions from General Manager to Country Manager for Malaysia and in 1999, he was the Managing Director of DuPont Malaysia Sdn Bhd and Regional Manager, Asia Pacific Packaging & Industrial Polymer. His last position in DuPont Malaysia Sdn Bhd was as Managing Director and Regional Director, Asia Pacific Glass Laminating Solution, a position he held since 2007. |
| Directorship of public companies (if any) | N/A |
| Family relationship with any director and/or major shareholder of the listed issuer | N/A |
| Any conflict of interests that he/she has with the listed issuer | N/A |
| Details of any interest in the securities of the listed issuer or its subsidiaries | N/A |
ARMADA - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | BUMI ARMADA BERHAD |
| Stock Name | ARMADA |
| Date Announced | 24 Apr 2014 |
| Category | Change in Boardroom |
| Reference No | BA-140415-70575 |
| Date of change | 10/06/2014 |
| Name | Dato’ Sri Mahamad Fathil bin Dato’ Mahmood |
| Age | 65 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Type of change | Resignation |
| Reason | He intends to focus his attention on his personal business interests. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | He holds a diploma from the Institute of Management Specialists in the UK and is a fellow of the British Institute of Management in the United Kingdom. |
| Working experience and occupation | Dato’ Sri Mahamad Fathil bin Dato’ Mahmood is an entrepreneur with 40 years of experience and knowledge in trading, maintenance, repair and overhaul (MRO), remanufacturing as well as management solution and services. These businesses are held under MFDM Holdings group of companies of which he is the group executive chairman. Dato’ Sri Mahamad Fathil also has investments in the oil and gas ("O&G") industry. He is the chairman of FPSO Ventures Sdn Bhd, which provides operations and maintenance services primarily in floating production, storage and offloading. He is also the chairman of Awan lnspirasi Sdn Bhd (AISB). AISB is in the aviation business providing offshore helicopter services for transportation of passengers/workers to offshore oil exploration and developments for O&G companies. Dato’ Sri Mahamad Fathil’s pertinent contributions to society encompass various fields including sports and welfare. He is the immediate and past president of the council of justice of peace of Selangor and now remains as council adviser. He is the chairman of Majlis Ekuin Malaysia and a board member of Lembaga Totalisator Malaysia. He also sits on the boards of directors of several companies including Yu Cai Foundation and Maju Jaya Investment (L) Berhad. He is also a trustee of Yayasan 3Q. |
| Directorship of public companies (if any) | 1. MISC Berhad Group 2. Yu Chai Foundation 3. Majlis Ekuin Malaysia |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Direct Interest: - 750,000 ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB Shares"). Deemed Interest: - 225,277,700 BAB Shares held under RHB Nominees (Tempatan) Sdn Bhd - Ombak Damai Sdn Bhd. |
| Remarks : |
| Dato' Sri Mahamad Fathil has given notice that he intends to resign as Director of the Company upon the conclusion of the next Annual General Meeting of the Company tentatively scheduled on 10 June 2014. For further details, please also refer to the Company's Press Release dated 24 April 2014 and titled "Bumi Armada Announces Board Changes" released separately today. |
ARMADA - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | BUMI ARMADA BERHAD |
| Stock Name | ARMADA |
| Date Announced | 24 Apr 2014 |
| Category | Change in Boardroom |
| Reference No | BA-140414-38965 |
| Date of change | 10/06/2014 |
| Name | Andrew Philip Whittle |
| Age | 68 |
| Nationality | Australian |
| Type of change | Retirement |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | He holds a Bachelor of Science degree with First Class Honours in Geology from the University of Adelaide, South Australia. |
| Working experience and occupation | Mr. Andrew Philip Whittle has over 40 years of technical and managerial experience in the petroleum E&P industry worldwide with a focus on South East Asia/Australia. His experience includes over 21 years with several affiliates of Exxon Corporation in Australia, Singapore, Malaysia, Canada and the United States of America, and finally in the position of geological manager of Esso Australia. Thereafter, he was exploration manager for five years with GFE Resources Ltd, Australia. He is a founding director of PetroVal (Australiasia) Pty Ltd and has over 15 years experience preparing independent technical reports, in evaluating E&P assets, and providing valuations and expert options for a range of clients. He was closely involved in early discoveries in the Bass Strait and offshore Peninsular Malaysia for Exxon, in the exploration that led to the identification and discovery of the Thylacine gas field in the Otway Basin and in promoting Pexco into Indonesia deepwater exploration. He serves as a non-executive director on the board of Bass Strait Oil Company Ltd and non-executive chairman of Central Petroleum Limited. |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Direct beneficial interest in 400,000 shares of Bumi Armada Berhad of RM0.20 each held under CIMSEC Nominees (Asing) Sdn Bhd. |
| Remarks : |
| Mr. Andrew Philip Whittle who is due to retire by rotation pursuant to the Articles of Association of the Company, at the next Annual General Meeting of the Company tentatively scheduled on 10 June 2014 ("AGM"), has given notice that he does not wish to offer himself for re-election. Consequently, upon his retirement he will cease to be a Director as well as a member of the Audit, Remuneration, Executive, Nomination & Corporate Governance and Risk Management Committees of the Company, upon the conclusion of the AGM. For further details, please also refer to the Company's Press Release dated 24 April 2014 and titled "Bumi Armada Announces Board Changes" released separately today. |
ARMADA - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | BUMI ARMADA BERHAD |
| Stock Name | ARMADA |
| Date Announced | 24 Apr 2014 |
| Category | Change in Boardroom |
| Reference No | BA-140414-37749 |
| Date of change | 10/06/2014 |
| Name | Lim Ghee Keong |
| Age | 46 |
| Nationality | Malaysian |
| Type of change | Retirement |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Qualifications | He holds a Bachelor of Business Administration degree, majoring in Finance, from the University of Hawaii at Manoa, United States of America (US). |
| Working experience and occupation | Mr. Lim Ghee Keong has more than 20 years of experience in treasury and credit management. He is currently the chief financial officer of Usaha Tegas Sdn Bhd ("UTSB") and serves on the boards of several other companies in which UTSB Group has interests, such as Astro Malaysia Holdings Berhad (listed on Bursa Malaysia Securities Berhad) in which he is an alternate director and Bond Pricing Agency Malaysia Sdn Bhd, a bond pricing agency registered with the Securities Commission Malaysia. He is also a director of Paxys Inc. (listed on the Philippines Stock Exchange) and Yu Cai Foundation. Prior to joining the UTSB Group in 1995, he was attached to General Electric Capital Corporation in the US and the former Ban Hin Lee Bank in Malaysia. |
| Directorship of public companies (if any) | 1. Yu Cai Foundation 2. Powertek Investment Holdings Sdn Bhd (formerly known as 1MDB Energy Sdn Bhd) (subsidiary of 1Malaysia Development Berhad) 3. Astro Malaysia Holdings Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Direct beneficial interest in 750,000 shares of Bumi Armada Berhad of RM0.20 each held under CIMSEC Nominees (Tempatan) Sdn Bhd. |
| Remarks : |
| Mr. Lim Ghee Keong who is due to retire by rotation pursuant to the Articles of Association of the Company, at the next Annual General Meeting of the Company tentatively scheduled on 10 June 2014 ("AGM"), has given notice that he does not wish to offer himself for re-election as [reason for not seeking for re-election]. Consequently, he will cease to be a Director, Chairman of Risk Management Committee and Member of Remuneration Committee of the Company, upon the conclusion of the AGM. For further details, please also refer to the Company's Press Release dated 24 April 2014 and titled "Bumi Armada Announces Board Changes" released separately today. |
ARMADA - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | BUMI ARMADA BERHAD |
| Stock Name | ARMADA |
| Date Announced | 24 Apr 2014 |
| Category | Change in Boardroom |
| Reference No | BA-140414-41317 |
| Date of change | 23/04/2014 |
| Name | Maureen Toh Siew Guat |
| Age | 48 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Qualifications | She holds a Bachelor of Law (LL.B) from University Malaya, Malaysia and a Master of Law (LL.M) from Harvard Law School, United States of America. |
| Working experience and occupation | Ms. Maureen Toh Siew Guat has more than 20 years of legal experience, primarily in corporate, commercial and banking matters and equity/capital markets, including stints with law firms in Kuala Lumpur and Singapore. Currently, she is the Group General Counsel of Usaha Tegas Sdn Bhd, a Malaysian based investment company which has significant interests in companies operating across diverse industries such as telecommunications, media and entertainment, energy, and real estate and leisure, including the following companies which are listed on Bursa Malaysia Securities Berhad - Maxis Berhad (an integrated communications services group), Bumi Armada Berhad (an international offshore oilfield services provider) and Astro Malaysia Holdings Berhad (an integrated consumer media entertainment group). She is also a director of MEASAT Satellite Systems Sdn Bhd, a regional satellite operator. |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
| Remarks : |
| Please also refer to the Company's Press Release dated 24 April 2014 titled "Bumi Armada Announces Board Changes" released separately today. |
ARMADA - OTHERS Press Release dated 24 April 2014 titled "Bumi Armada Announces Board Changes" is attached hereto.
Announcement Type: General Announcement
| Company Name | BUMI ARMADA BERHAD |
| Stock Name | ARMADA |
| Date Announced | 24 Apr 2014 |
| Category | General Announcement |
| Reference No | BA-140414-39808 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Press Release dated 24 April 2014 titled "Bumi Armada Announces Board Changes" is attached hereto. |
| |
LBS - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
Announcement Type: General Announcement
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 24 Apr 2014 |
| Category | General Announcement |
| Reference No | MI-140424-67954 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | LBS BINA GROUP BERHAD ("LBGB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF LBGB ("PRIVATE PLACEMENT") |
Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Private Placement. We refer to the earlier announcements dated 19 March 2014, 26 March 2014 and 7 April 2014 in relation to the Private Placement. On behalf of the Board of Directors of LBGB ("Board"), RHB Investment Bank Berhad wishes to announce that the Board has, on 24 April 2014 ("Price Fixing Date"), resolved to fix the issue price for the first tranche of the Private Placement comprising 20,000,000 Placement Shares, representing approximately 4.2% of the issued and paid-up share capital of LBGB (excluding treasury shares), at RM1.70 per Placement Share. The aforementioned issue price represents a discount of approximately 6.1% to the five (5)-day weighted average market price of LBGB Shares up to and including 23 April 2014, being the last market day immediately preceding the Price-Fixing Date, of RM1.81 per LBGB Share. This announcement is dated 24 April 2014. | |
MBMR - 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 | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 24 Apr 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CK-140424-58600 |
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 TINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR. (2) 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) |
| Acquired | 21/04/2014 | 8,500 |
| Remarks : |
| Direct Interest: (A) Employees Provident Fund Board (1,500,000) (B) Under Citigroup Nominees (Tempatan) Sdn Bhd (1) Employees Provident Fund Board (52,162,391) (2) Employees Provident Fd Bd (NOMURA) (9,000,000) (3) Employees Provident Fd Bd (CIMB PRI) (480,200) MBM Resources Berhad received the Form 29B dated 22 April 2014 from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of Employees Provident Fund Board on 24 April 2014. |
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 | 24 Apr 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-140424-7BF29 |
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 | 21/04/2014 | 35,000 | |
| Acquired | 21/04/2014 | 100,000 |
| Remarks : |
| The direct interest of 267,878,100 shares comprising: a) 253,744,000 shares held by Citigroup Nominees Tempatan) Sdn. Bhd; b) 1,497,600 shares held EPF Board; c) 155,500 shares held by Employees Provident Fund Board (KIB); d) 68,400 shares held by Employees Provident Fund Board (RHB INV); e) 532,100 shares held by Employees Provident Fund Board (AM INV); f) 6,421,400 shares held by Employees Provident Fund Board (NOMURA); g) 4,974,100 shares held by Employees Provident Fund Board (CIMB PRI); h) 485,000 shares held by Employees Provident Fund Board (ARIM); Received Form 29B on 24 April 2014 |
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