May 22, 2014

Company announcements: BENALEC, UOADEV, PRESBHD, SKPETRO, FGV, CAP, TUNEINS

BENALEC - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameBENALEC HOLDINGS BERHAD  
Stock Name BENALEC  
Date Announced22 May 2014  
CategoryFinancial Results
Reference NoCK-140522-54200

Financial Year End30/06/2014
Quarter3
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

BHB-Q3 '14 announcement.pdf
703 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
70,028
74,890
179,488
198,995
2Profit/(loss) before tax
4,263
11,957
33,349
59,509
3Profit/(loss) for the period
2,144
8,809
22,824
52,629
4Profit/(loss) attributable to ordinary equity holders of the parent
2,146
8,809
22,832
52,710
5Basic earnings/(loss) per share (Subunit)
0.30
1.10
2.80
6.60
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
2.00
3.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7100
0.6900
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


UOADEV - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameUOA DEVELOPMENT BHD  
Stock Name UOADEV  
Date Announced22 May 2014  
CategoryGeneral Announcement
Reference NoMI-140522-56551

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionUOA DEVELOPMENT BHD ("UOA DEVELOPMENT" OR THE "COMPANY")

DIVIDEND REINVESTMENT SCHEME THAT PROVIDES THE SHAREHOLDERS OF UOA DEVELOPMENT THE OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM0.05 EACH IN UOA DEVELOPMENT ("SHARE(S)") ("DRS")

On 26 February 2014, the Board of Directors of UOA Development (“Board”) had declared a first and final single tier dividend of 13.00 sen per Share in respect of the financial year ended 31 December 2013 (“Final Dividend”), subject to the approval of the shareholders of UOA Development at the Company’s forthcoming Tenth Annual General Meeting. The Board had also determined that the DRS shall apply to the entire Final Dividend.

Arising therewith, on behalf of the Board, RHB Investment Bank Berhad wishes to announce that it had on 22 May 2014, submitted a listing application to Bursa Malaysia Securities Berhad (“Bursa Securities”) seeking its approval for the listing of and quotation for such number of new Shares to be issued pursuant to the DRS in respect of the Final Dividend on the Main Market of Bursa Securities.

This announcement is dated 22 May 2014.



PRESBHD - 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 NamePRESTARIANG BERHAD  
Stock Name PRESBHD  
Date Announced22 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140522-39031

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)
Acquired19/05/2014
1,220,600
 
Disposed19/05/2014
666,600
 

Circumstances by reason of which change has occurredAcquisition and Disposal of shares
Nature of interestDirect
Direct (units)26,438,000 
Direct (%)6.01 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change26,438,000
Date of notice20/05/2014

Remarks :
Balance of Shares:-
Citigroup Nominees (Tempatan) Sdn Bhd:-
- Employees Provident Fund Board (Amundi) - 4,000,000
- Employees Provident Fund Board (Nomura) - 12,333,400
- Employees Provident Fund Board (Arim) - 1,600,000
- Employees Provident Fund Board (Templeton) - 8,504,600

The Company only received the Form 29B on 22 May 2014.


PRESBHD - OTHERS PRESTARIANG BERHAD (“PRESBHD”of "the Company") - ACQUISITION OF TWO (2) ORDINARY SHARES OF RM1/- EACH, REPRESENTING 100% EQUITY INTEREST IN TOTAL LEAP SDN. BHD. ("TLSB") BY PRESTARIANG TECHNOLOGY SDN. BHD. ("PTSB"), A WHOLLY OWNED SUBSIDIARY OF PRESTARIANG BERHAD

Announcement Type: General Announcement
Company NamePRESTARIANG BERHAD  
Stock Name PRESBHD  
Date Announced22 May 2014  
CategoryGeneral Announcement
Reference NoCS-140521-60180

TypeAnnouncement
SubjectOTHERS
DescriptionPRESTARIANG BERHAD (“PRESBHD”of "the Company")
- ACQUISITION OF TWO (2) ORDINARY SHARES OF RM1/- EACH, REPRESENTING 100% EQUITY INTEREST IN TOTAL LEAP SDN. BHD. ("TLSB") BY PRESTARIANG TECHNOLOGY SDN. BHD. ("PTSB"), A WHOLLY OWNED SUBSIDIARY OF PRESTARIANG BERHAD

1. INTRODUCTION

The Company wishes to announce that on 22 May 2014, PTSB, a wholly owned subsidiary of PRESBHD had acquired two (2) ordinary shares of RM1.00 each in TLSB, representing 100% of the total issued and paid-up share capital of TLSB, at a total consideration of RM2.00 from Mr. Ng Ah Phong and Ms. Teng Mee Leng ("the Acquisition").

2. INFORMATION ON TLSB

TLSB was incorporated in Malaysia under the Companies Act, 1965 on 8 April 2014. The present authorised share capital of TLSB is RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each and the paid-up share capital is RM2.00 divided into two (2) ordinary shares of RM1.00 each. TLSB has not commenced any operation since incorporation.

3. RATIONALE FOR THE ACQUISITION

Subsequent to the Acquisition, TLSB becomes a wholly own subsidiary of PTSB. The Acquisition is in line with the expansion strategy of Prestariang Group to capitalise on its core activities towards business sustainability.

4. FINANCIAL EFFECTS

The Acquisition is not expected to have any material effect on the earnings or net assets of PRESBHD.

5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHARHOLDER’S INTERESTS

None of the Directors and/or major shareholders of PRESBHD and/or persons connected to them has any interest, direct or indirect, in the Acquisition.

6. STATEMENT BY THE BOARD OF DIRECTORS

The Board of Directors of PRESBHD is of the opinion that the Acquisition is in the best interest of PRESBHD and the Group.

This announcement is dated 22 May 2014.



SKPETRO - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameSAPURAKENCANA PETROLEUM BERHAD  
Stock Name SKPETRO  
Date Announced22 May 2014  
CategoryChange in Audit Committee
Reference NoSP-140521-33332

Date of change22/05/2014
NameGee Siew Yoong
Age64
NationalityMalaysian
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsMember of the Malaysian Institute of Certified Public Accountant and the Malaysian Institute of Accountants  
Working experience and occupation Ms Gee Siew Yoong began her career with PriceWaterhouse in 1969 and left in 1981, her last position being the Senior Audit Manager and Continuing Education Manager. She then joined the Selangor Pewter Group as Group Financial Controller during which period she was seconded to the United States of America from 1983 to 1984 as Chief Executive Officer of Senaca Crystal Inc., a company in the Selangor Pewter Group which was undergoing re-organisation under Chapter XI of the U.S. Bankruptcy Code. Subsequently, from 1985 until 1987, she became the Personal Assistant to the Executive Chairman of Lipkland Group.

In 1987, Ms Gee was appointed by Bank Negara Malaysia as the Executive Director and Chief Executive of Supreme Finance (M) Berhad, a financial institution undergoing rescue and reorganisation under the supervision of the Central Bank. She held the position until the successful completion of the reorganisation in 1991. Ms Gee later served Land & General Berhad from 1993 to 1997 as Group Divisional Chief, Management Development Services before joining Multi-Purpose Capital Holdings Berhad from 1997 to 1999 as Executive Assistant to the Chief Executive. During this period, Ms Gee was also a Director of Multi-Purpose Bank Berhad, Multi-Purpose Insurans Berhad and Executive Director of Multi-Purpose Trustee Berhad.

Since 2001, Ms Gee has served on several Boards of public listed companies. Prior to the merger of businesses between SapuraCrest Petroleum Berhad ("SapuraCrest Petroleum") Group and Kencana Petroleum Berhad Group, Ms Gee was an Independent Non-Executive Director of SapuraCrest Petroleum from 4 December 2001 to 15 May 2012. She was also the Chairman of the Audit Committee of SapuraCrest Petroleum.

Currently, Ms Gee also sits on the Boards of Sapura Resources Berhad and Telekom Malaysia Berhad as Independent Non-Executive Director. She is also a member of the Board Audit Committee of both the companies.  
Directorship of public companies (if any)1) Sapura Resources Berhad
2) Telekom Malaysia Berhad 
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)1) YM Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin (Chairman – Independent and Non-Executive Director)

2) Tan Sri Datuk Amar (Dr) Hamid Bugo (Member - Independent and Non-Executive Director)

3) Mohamed Rashdi Mohamed Ghazalli (Member - Independent and Non-Executive Director)

4) Gee Siew Yoong (Member - Independent and Non-Executive Director)


FGV - OTHERS PROPOSED ACQUISITION BY FELDA GLOBAL VENTURES KALIMANTAN SDN BHD (“FGVK” OR “THE COMPANY”) OF 95% EQUITY INTEREST IN PT TEMILA AGRO ABADI FOR A TOTAL CASH CONSIDERATION OF USD$8,075,000 (“PROPOSED ACQUISITION”)

Announcement Type: General Announcement
Company NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced22 May 2014  
CategoryGeneral Announcement
Reference NoFG-140522-7A15E

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED ACQUISITION BY FELDA GLOBAL VENTURES KALIMANTAN SDN BHD (“FGVK” OR “THE COMPANY”) OF 95% EQUITY INTEREST IN PT TEMILA AGRO ABADI FOR A TOTAL CASH CONSIDERATION OF USD$8,075,000 (“PROPOSED ACQUISITION”)

Reference is made to the announcement dated 9th July 2013. The Board of Directors of Felda Global Ventures Holdings Berhad (“FGV”) wishes to inform that pursuant to the Share Purchase Agreement to acquire 95% of the total issued and fully paid-up share capital of PT Temila Agro Abadi, the completion of the Share Purchase Agreement has taken place on 21st May 2014 in Jakarta, Indonesia and in connection thereto, the Proposed Acquisition has been completed on 21st May 2014 and effectively, PT Temila Agro Abadi has become a 95% subsidiary of FGVK.

This announcement is dated 22nd May 2014.



CAP - Annual Report 2013

Announcement Type: Document Receipt
Company NameCHINA AUTOMOBILE PARTS HOLDINGS LIMITED  
Stock Name CAP  
Date Announced22 May 2014  
CategoryDocument Receipt
Reference NoRM-140522-62780

Annual Report for Financial Year Ended31/12/2013
SubjectAnnual Report 2013

Attachments

CAP-AnnualReport2013.pdf
1534 KB






TUNEINS - OTHERS Tune Ins Holdings Berhad ("TIH") - Press Release - First Quarter Financial Year 2014 Results

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced22 May 2014  
CategoryGeneral Announcement
Reference NoCM-140522-66188

TypeAnnouncement
SubjectOTHERS
DescriptionTune Ins Holdings Berhad ("TIH")
- Press Release - First Quarter Financial Year 2014 Results

Please find attached the Press Release dated 22 May 2014 for your attention.

This announcement is dated 22 May 2014.



TUNEINS - Change of Address

Announcement Type: Change of Address
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced22 May 2014  
CategoryChange of Address
Reference NoCM-140521-40432

Change descriptionCorrespondence 
Old address Level 9, PNB Damansara
No. 19, Lorong Dungun
Damansara Heights
50490 Kuala Lumpur
Wilayah Persekutuan
Malaysia 
New addressLevel 9, Wisma Tune
No. 19, Lorong Dungun
Damansara Heights
50490 Kuala Lumpur
Wilayah Persekutuan
Malaysia 
Name of Registrar 
Telephone no03-20566200 
Facsimile no03-20921029 
E-mail address 
Effective date22/05/2014 

Remarks :
Change of Address and Facsimile Number.


TUNEINS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced22 May 2014  
CategoryGeneral Announcement
Reference NoCM-140522-42360

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionTUNE INS HOLDINGS BERHAD
- RECURRENT RELATED PARTY TRANSACTIONS

The Board of Directors of Tune Ins Holdings Berhad ("TIH") wishes to announce that actual value of the following Recurrent Related Party Transactions ("RRPT") has exceeded the estimated value of the RRPT disclosed in the Circular to Shareholders dated 27 May 2013 ("Estimated Value") of TIH:-

Related party

Nature of Transaction

Estimated Value (RM’000)

Actual value of RRPT up to 20 May 2014 (RM’000)

Variance (RM’000)

Variance (%)

Thai AirAsia Co. Ltd (“TAA”)

Provision of marketing and administration services to Tune Insurance Malaysia Berhad ("TIMB") in relation to the Travel Protection Plan originating in Malaysia to the passengers of TAA pursuant to the Business Collaboration Agreement entered into between TIMB and TAA

230

290

60

26.1%

The reason for the variance is due to sales of insurance to TAA’s passengers being greater than previously estimated and consequently insurance commissions received by TAA were greater than estimated.

This announcement is dated 22 May 2014.



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