May 21, 2014

Company announcements: AEON, FIAMMA, SCOMIES, PERDANA, PFCE, IRETEX, SIGN, SALCON

AEON - 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 NameAEON CO. (M) BHD  
Stock Name AEON  
Date Announced21 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140521-2AB06

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)
Disposed16/05/2014
4,200
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)29,539,700 
Direct (%)8.4159 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change29,539,700
Date of notice19/05/2014

Remarks :
The total number of 29,539,700 Ordinary Shares of RM1.00 each are held as follows:

1) 18,823,200 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board

2) 500,000 Ordinary Shares of RM1.00 each are registered in the name of Employees Provident Fund Board

3) 2,816,800 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA)

4) 2,506,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI)

5) 64,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON)

6) 4,827,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN)

The Form 29B was received by the Company on 21 May 2014.


FIAMMA - ACQUISITION OF PROPERTY BY FIAMMA LOGISTICS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FIAMMA SDN BHD WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Announcement Type: General Announcement
Company NameFIAMMA HOLDINGS BERHAD  
Stock Name FIAMMA  
Date Announced21 May 2014  
CategoryGeneral Announcement
Reference NoCC-140521-57250

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNS-140520-57154
SubjectACQUISITION OF PROPERTY BY FIAMMA LOGISTICS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FIAMMA SDN BHD WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
DescriptionFIAMMA HOLDINGS BERHAD (“Fiamma” or the “Company”)
- ACQUISITION OF PROPERTY BY FIAMMA LOGISTICS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FIAMMA SDN BHD WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Query Letter Contents We refer to your announcement dated 16 May 2014 in respect of the above
captioned matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-

1. The breakdown between internally generated funds and loan from a financial
institution for the funding of the Total Purchase Price.
2. The total development cost of the Land for the relocation and centralisation
of Fiamma and its subsidiaries logistic operations.
3. The expected commencement and completion date for the development.
4. The source of funds to finance the development cost, including the breakdown.

Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully


TAN YEW ENG
Vice President, Issuers
Listing Division
Regulation

TYE/NZ
c.c:- General Manager & Head, Market Surveillance Department, Market Oversight
Division, Securities Commission (via fax)

We refer to the Company’s Announcement dated 16 May 2014 ("Announcement") and query letter from Bursa Malaysia Securities Berhad to the Company dated 20 May 2014 on the above matter.

The term herein shall bear the same meaning as defined in the Announcement.

The Board of Directors of the Company wishes to provide the following additional information for public release:-

1) The breakdown between internally generated funds and loan from a financial institution for the funding of the Total Purchase Price will be decided by the management at a later stage after taking into consideration Fiamma and its subsidiaries’ gearing level and internal cash requirement.

2) The total expected development cost of the Land for relocation and centralisation of Fiamma and its subsidiaries' logistic operations would be RM20 million.

3) The expected commencement date of the development is upon delivery of vacant possession of the Land and the development is expected to be completed within 12 months from commencement of the development.

4) The funding of the development cost will be from internally generated funds and loan from a financial institution and the breakdown will be decided by the management at a later stage after taking into consideration Fiamma and its subsidiaries’ gearing level and internal cash requirement.

This announcement is dated 21 May 2014.



SCOMIES - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameSCOMI ENERGY SERVICES BHD  
Stock Name SCOMIES  
Date Announced21 May 2014  
CategoryChange in Boardroom
Reference NoSE-140521-64CAD

Date of change21/05/2014
NameRavinder Singh Grewal S/O Sarbjit Singh (“Ravinder”)
Age44
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateIndependent & Non Executive
QualificationsRavinder holds a Bachelor of Commerce from the University Of New South Wales, Australia and is an Australian Certified Practising Accountant. 
Working experience and occupation Ravinder has over 20 years of experience in corporate finance and private equity. His corporate finance deals have included IPOs and bond issues in Singapore, merger & acquisition transactions in South-East Asia as well as debt restructuring transactions in Malaysia and Indonesia. His private equity deals have included buy-out and development capital investments in South-East Asia and Australia. He previously worked for DBS Bank in Singapore and Standard Chartered Bank, with his last position as a Managing Director in the private equity division of Standard Chartered Bank. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


SCOMIES - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameSCOMI ENERGY SERVICES BHD  
Stock Name SCOMIES  
Date Announced21 May 2014  
CategoryChange in Audit Committee
Reference NoSE-140521-64CA5

Date of change21/05/2014
NameRavinder Singh Grewal S/O Sarbjit Singh (“Ravinder”)
Age44
NationalityMalaysian
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsRavinder holds a Bachelor of Commerce from the University Of New South Wales, Australia and is an Australian Certified Practising Accountant.  
Working experience and occupation Ravinder has over 20 years of experience in corporate finance and private equity. His corporate finance deals have included IPOs and bond issues in Singapore, merger & acquisition transactions in South-East Asia as well as debt restructuring transactions in Malaysia and Indonesia. His private equity deals have included buy-out and development capital investments in South-East Asia and Australia. He previously worked for DBS Bank in Singapore and Standard Chartered Bank, with his last position as a Managing Director in the private equity division of Standard Chartered Bank. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)The Audit and Risk Management Committee shall comprise the following with effect from 21 May 2014:

(i) Mok Yuen Lok (Chairman)
Independent Non-Executive Director

(ii) Dato’ Meer Sadik Bin Habib Mohamed (Member)
Independent Non-Executive Director

(iii) Lee Chun Fai (Member)
Non-Independent Non-Executive Director

(iv) Liew Willip (Member)
Independent Non-Executive Director

(v) Ravinder Singh Grewal S/O Sarbjit Singh
Independent Non-Executive Director


PERDANA - 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 NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced21 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-140521-3FADF

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 FD BD (KIB)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (RHB INV)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (AM INV)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (MAYBAN)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (NOMURA)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (CIMB PRI)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed16/05/2014
576,300
 

Circumstances by reason of which change has occurredDisposed
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)62,289,820 
Indirect/deemed interest (%)8.44 
Total no of securities after change62,289,820
Date of notice19/05/2014

Remarks :
The Form 29B was received by the Company on 21 May 2014.


PFCE - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NamePFCE BERHAD  
Stock Name PFCE  
Date Announced21 May 2014  
CategoryGeneral Announcement
Reference NoOS-140521-58887

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionPFCE BERHAD (“PFCE” OR THE “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PFCE (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)

On behalf of the Board of Directors of PFCE, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the Proposed Private Placement.

Please refer to the attachment for further details of the announcement.

This announcement is dated 21 May 2014.



PFCE - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NamePFCE BERHAD  
Stock Name PFCE  
Date Announced21 May 2014  
CategoryChange Of Company Secretary
Reference NoCM-140521-59673

Date of change21/05/2014
Type of changeResignation
DesignationSecretary
License no.0809269
NameChan Lai Choon
Working experience and occupation during past 5 years


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

Announcement Type: General Announcement
Company NameIRE-TEX CORPORATION BERHAD  
Stock Name IRETEX  
Date Announced21 May 2014  
CategoryGeneral Announcement
Reference NoCC-140521-64500

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Ire-Tex Corporation Berhad ("ITCB") has received notification from Dato' Dr Yap Tatt Keat, the Group Managing Director of ITCB, in relation to the disposal of entitlement of Rights ICULS, details of which are set out in the table below.

This announcement is dated 21 May 2014.

Date of

Dealing

Description

Unit of entitlement of Rights ICULS disposed

Unit Price per entitlement of Rights ICULS

(RM)

Percentage of entitlement of Rights ICULS

(%)

19 May 2014

Entitlement of Rights ICULS

13,553,500

RM0.0229

2.88

20 May 2014

Entitlement of Rights ICULS

5,000,000

RM0.015

1.06



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

Announcement Type: General Announcement
Company NameSIGNATURE INTERNATIONAL BERHAD  
Stock Name SIGN  
Date Announced21 May 2014  
CategoryGeneral Announcement
Reference NoCC-140520-66451

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionSIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY")
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

SIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY")

PROPOSED ACQUISITIONS BY SIGNATURE REALTY SDN BHD ("SRSB" OR "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF SIGN, OF TWO (2) ADJOINING UNITS OF DETACHED HOUSE ERECTED ON LAND HELD UNDER:-

(I) SURAT HAKMILIK SEMENTARA NO. H.S.(D) 175792, P.T 17, BANDAR PETALING JAYA, DAERAH PETALING, SELANGOR ("PROPERTY I") FROM CHEE CHIEW HAR AND CHEE LI HAR ("VENDOR I") FOR A TOTAL CASH CONSIDERATION OF RM3,980,000.00; AND

(II) SURAT HAKMILIK SEMENTARA NO. H.S.(D) 233547, P.T NO. 19, BANDAR PETALING JAYA, DAERAH PETALING, SELANGOR (“PROPERTY II”) FROM CHEW YOKE KUAN ("VENDOR II") FOR A TOTAL CASH CONSIDERATION OF RM3,480,000.00 RESPECTIVELY

(COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS").

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 19 May 2014 in relation to the Proposed Acquisitions.

We refer to the announcement made by the Company on 19 May 2014 in relation to the Proposed Acquisitions.

The Board of Directors of SIGN are pleased to provide the following additional information in respect thereof :-

2.2 Information on the Properties

The land area for Property I and Property II is approximately 806.372 square metres and 776.664 square metres respectively.

2.3 Basis and justification of arriving at the Purchase Consideration

The Purchase Consideration of RM7,460,000.00 was arrived at on a willing buyer and willing seller basis after taking into consideration the following:-

(i) The Properties are located within the strategic commercial hub of Petaling Jaya with good connectivity and public amenities. The locality enjoys the benefit of exposure to passing motorists from Section 17, Section 14, Section 16, SS2 and other affluent neighbourhood of Petaling Jaya.

(ii) Survey and comparison was conducted by the Management on the market value of similar properties located in the surrounding vicinity of the Properties and/or listings of similar properties in the vicinity. The survey conducted by Management revealed that the properties in the locality and within the similar localities are being transacted/ listed recently at prices ranging from RM350 per square feet to RM810 per square feet depending mainly on the size, specific location, shape, conditions, accessibility, terrain and other pertinent factors.

(iii) The relevant comparables for the subject property are shown as follows:

Jalan Utara, PJ

Jalan Utara, PJ

Section 14, PJ

Section 17, PJ

SS2, PJ

SS2, PJ

Purchase Price (RM)

3,300,000 7,800,000 2,222,000 3,000,000 5,500,000 4,380,000

Land Area (square feet)

8,500 14,000 6,300 6,0008,000 5,400

Price per square feet (RM)

388 557 353 500688 811

Source

iproperty website propertyguru websiteiproperty website iproperty website iproperty website iproperty website

This announcement is dated 21 May 2014.



SALCON - Changes in Sub. S-hldr's Int. (29B) - Great Eastern Holdings Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced21 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140521-4F377

Particulars of substantial Securities Holder

NameGreat Eastern Holdings Limited
Address1 Pickering Street #16-01,
Great Eastern Centre
Singapore 048659
NRIC/Passport No/Company No.199903008M
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderAmTrustee Bhd
22nd Floor, Bangunan AmBank Group
No. 55, Jalan Raja Chulan
50200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed16/05/2014
12,000
 
Disposed19/05/2014
58,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change36,607,900
Date of notice21/05/2014

Remarks :
Deemed Interest pursuant to Section 6A(4)(C) of the Companies Act, 1965 via its subsidiaries i.e. Great Eastern Life Assurance (Malaysia) Bhd; Overseas Assurance (Malaysia) Bhd; Great Eastern Takaful Bhd; and Pacific Mutual Fund Bhd.


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