GENP - Notice of Person Ceasing (29C) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
| Company Name | GENTING PLANTATIONS BERHAD |
| Stock Name | GENP |
| Date Announced | 12 May 2014 |
| Category | Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965 |
| Reference No | GP-140512-6062A |
Particulars of substantial Securities Holder
| Remarks : |
| Form 29C dated 9 May 2014 was received on 12 May 2014. |
BJCORP - OTHERS JOINT ANNOUNCEMENT BY BERJAYA CORPORATION BERHAD AND BERJAYA SPORTS TOTO BERHAD - COMMENCEMENT OF NEGOTIATIONS ON BUSINESS COOPERATION CONTRACT IN RELATION TO THE ESTABLISHMENT OF A COMPUTERIZED LOTTERY SYSTEM IN VIETNAM
| Company Name | BERJAYA CORPORATION BERHAD |
| Stock Name | BJCORP |
| Date Announced | 12 May 2014 |
| Category | General Announcement |
| Reference No | BC-140512-63887 |
| Type | Announcement |
| Subject | OTHERS |
| Description | JOINT ANNOUNCEMENT BY BERJAYA CORPORATION BERHAD AND BERJAYA SPORTS TOTO BERHAD - COMMENCEMENT OF NEGOTIATIONS ON BUSINESS COOPERATION CONTRACT IN RELATION TO THE ESTABLISHMENT OF A COMPUTERIZED LOTTERY SYSTEM IN VIETNAM |
Please refer to the attachment for details. | |
IBHD - MULTIPLE PROPOSALS
| Company Name | I-BERHAD |
| Stock Name | IBHD |
| Date Announced | 12 May 2014 |
| Category | General Announcement |
| Reference No | MM-140509-64015 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | I-BERHAD (THE “COMPANY”) (I) PROPOSED ACQUISITION BY I-CITY PROPERTIES SDN BHD (“ICP”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF A PIECE OF FREEHOLD LAND KNOWN AS THE SOHO LAND FROM THE PEAK @ KLCC SDN BHD (“THE PEAK @ KLCC” OR THE “VENDOR”) FOR A PURCHASE CONSIDERATION OF RM241.30 MILLION TO BE SETTLED BY A COMBINATION OF IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (“ICULS”) AND REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (“RCULS-B”) ISSUED BY I-BERHAD (THE “PROPOSED SOHO LAND ACQUISITION”); (II) PROPOSED ACQUISITION BY CITY CENTREPOINT SDN BHD (“CCSB”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF A PIECE OF FREEHOLD LAND KNOWN AS THE TOWER LAND FROM THE PEAK @ KLCC FOR A PURCHASE CONSIDERATION OF RM129.00 MILLION TO BE SETTLED BY A COMBINATION OF ICULS AND RCULS-B ISSUED BY I-BERHAD (THE “PROPOSED TOWER LAND ACQUISITION”); AND (III) PROPOSED RENOUNCEABLE RESTRICTED OFFER FOR SALE OF UP TO 50% OF THE ICULS TO BE ISSUED PURSUANT TO THE PROPOSED SOHO LAND ACQUISITION AND/OR THE PROPOSED TOWER LAND ACQUISITION TO THE MINORITY SHAREHOLDERS OF I-BERHAD (THE “PROPOSED OFS”). |
We refer to the announcement dated 20 December 2013 in relation to the Proposed SOHO Land Acquisition, Proposed Tower Land Acquisition and Proposed OFS (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement. 1. Nomination of Sumurwang Sdn Bhd On behalf of the Board of Directors of I-Berhad, CIMB wishes to announce that the Company has today received nomination letters from The Peak @ KLCC whereby The Peak @ KLCC has identified Sumurwang Sdn Bhd (“Sumurwang”) as the registered and beneficial holder of the RCULS-B and the ICULS to be issued pursuant to the terms and conditions of the SOHO Land SPA and the Tower Land SPA (“Nomination Letters”). In addition, following the terms and conditions stipulated in the SOHO Land SPA and the Tower Land SPA, Sumurwang has also irrevocably and unconditionally undertaken to carry out the renounceable restricted offer for sale of up to 50% of up to RM301.30 million nominal value of ICULS at its nominal value to the minority shareholders of I-Berhad, in place of The Peak @ KLCC, as part of the Proposed SOHO Land Acquisition and the Proposed Tower Land Acquisition. Sumurwang was incorporated in Malaysia as Lim Kim Hong Holding Sdn Bhd under the Act on 11 October 1980 as a private limited company. It changed its name to Sumurwang Sdn Bhd on 30 August 1984 and converted to become a public company, Sumurwang Bhd on the same date. Sumurwang assumed its current name when it converted back to a private limited company on 19 January 1990. The present authorised share capital of Sumurwang is RM50,000,000 comprising 49,999,000 ordinary shares of RM1.00 each and 1,000 preference shares of RM1.00 each, of which 42,612,570 ordinary shares of RM1.00 each have been issued and fully paid-up. Sumurwang is principally involved in investment holding and is the holding company of the Land Proprietors. As at the date of this announcement, Sumurwang has an aggregate direct and indirect shareholding of 60.47% in I-Berhad. The current directors of Sumurwang are Tan Sri Lim Kim Hong (“Tan Sri Lim”), Puan Sri Tey Siew Thuan (“Puan Sri Tey”) and Lee Ming Suan. Tan Sri Lim and Puan Sri Tey are both directors of I-Berhad, whilst Tan Sri Lim is a major shareholder of I-Berhad by virtue of his substantial shareholding interest in Sumurwang, Sumur Ventures Sdn Bhd and Sumurwang Capital Sdn Bhd. 2. Amendments to the SOHO Land SPA and Tower Land SPA The Company had on 9 May 2014 also received notices from the Land Proprietors confirming that upon the issuance of the RCULS-B and the ICULS to Sumurwang, being the holding company of the Land Proprietors, in accordance with the Nomination Letters when the SOHO Land SPA and Tower Land SPA are completed, the amounts owing by The Peak @ KLCC to the Land Proprietors (as highlighted in Sections 3.2.3(vii) and 4.2.3(ix) of the Announcement) shall be deemed as fully settled, and The Peak @ KLCC shall thereupon have fully discharged its obligation to settle the amounts owing (“Confirmation Letter”). Further, the Confirmation Letter also stipulated that The Peak @ KLCC and the Land Proprietors shall deliver to ICP and CCSB (or their respective solicitors) on the completion date of the SOHO Land SPA and the Tower Land SPA (“Completion Date”) confirmation in writing that the amounts owing by The Peak @ KLCC to the Land Proprietors have been fully settled. Pursuant to the above, the parties to the SOHO Land SPA and the Tower Land SPA, namely I-Berhad, ICP, CCSB, The Peak @ KLCC and the Land Proprietors had on 12 May 2014 entered into supplemental agreements to the SOHO Land SPA and the Tower Land SPA (“Supplemental Agreements”) to delete a condition precedent in the SOHO Land SPA and the Tower Land SPA requiring for all amounts owing by The Peak @ KLCC to the Land Proprietors to be fully settled by the SOHO Cut-Off Date and the Tower Cut-Off Date (see Sections 3.2.3(vii) and 4.2.3(ix) of the Announcement). Resulting from the deletion, The Peak @ KLCC and the Land Proprietors shall instead deliver to ICP and CSSB (or their respective solicitors) on Completion Date, confirmation in writing by the Land Proprietors that all amounts owing by The Peak @ KLCC to the Land Proprietors have been fully settled. 3. Documents for Inspection The Nomination Letters, the Confirmation Letter and the Supplemental Agreements are available for inspection at the registered office of the Company at D-1-4, Jalan Multimedia 7/AJ, CityPark, i-City, 40000 Shah Alam, Selangor Darul Ehsan during normal office hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 12 May 2014. | |
IBHD - MULTIPLE PROPOSALS
| Company Name | I-BERHAD |
| Stock Name | IBHD |
| Date Announced | 12 May 2014 |
| Category | General Announcement |
| Reference No | MM-140512-61910 |
| Type | Announcement | ||||||||||||||||||||||||||
| Subject | MULTIPLE PROPOSALS | ||||||||||||||||||||||||||
| Description | I-BERHAD (THE “COMPANY”) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES IN I-BERHAD TOGETHER WITH FREE DETACHABLE WARRANTS TO RAISE GROSS PROCEEDS OF UP TO RM200.00 MILLION (“PROPOSED RIGHTS ISSUE WITH WARRANTS”) | ||||||||||||||||||||||||||
We refer to the announcement dated 20 December 2013 in relation to the Proposed Rights Issue with Warrants (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement. On behalf of the Board of Directors of I-Berhad, CIMB is pleased to announce that the Company has procured irrevocable and unconditional undertakings from the Company’s major shareholders to subscribe for their rights entitlements under the Proposed Rights Issue with Warrants, representing an aggregate shareholding of 75.06% in I-Berhad’s issued and paid-up share capital (“Undertakings”). The Undertakings were obtained from Tan Sri Lim Kim Hong, Puan Sri Tey Siew Thuan, Sumurwang Sdn Bhd, Sumurwang Capital Sdn Bhd and Sumur Ventures Sdn Bhd (collectively, the “Major Shareholders”) who are the registered and beneficial holders of 85,572,949 ordinary shares of RM1.00 each in I-Berhad (“Shares”). Further details of their shareholding in connection with the Undertakings are as follows: Direct shareholdings as at the date of the Undertakings
Notes: 1. Based on the issued and paid-up share capital of 114,000,411 (excluding the Treasury Shares) as at 9 May 2014. 2. Sumurwang Sdn Bhd has a deemed interest in Sumurwang Capital Sdn Bhd’s shareholding in I-Berhad by virtue of Section 6A(4) of the Companies Act, 1965 (“Act”). 3. Sumur Ventures Sdn Bhd has a deemed interest in Sumurwang Sdn Bhd’s and Sumurwang Capital Sdn Bhd’s shareholdings in I-Berhad by virtue of Section 6A(4) of the Act. 4. Tan Sri Lim Kim Hong has a deemed interest in Sumur Ventures Sdn Bhd’s, Sumurwang Sdn Bhd’s and Sumurwang Capital Sdn Bhd’s shareholdings in I-Berhad by virtue of Section 6A(4) of the Act. 5. Puan Sri Tey Siew Thuan is the spouse of Tan Sri Lim Kim Hong.
Pursuant to the Undertakings, the Major Shareholders have irrevocably and unconditionally undertaken to subscribe for their respective rights entitlements in full based on the shareholding outlined above. The Undertakings represent a commitment by the Major Shareholders to subscribe for their full rights entitlement based on their current shareholdings in I-Berhad or equivalent of up to RM150.13 million based on the Rights Issue Proceeds, subject to the final issue price of the Rights Shares on the Price-Fixing Date to be determined and announced later. Further, in order to ensure that this subscription level is maintained, the Major Shareholders have also irrevocably and unconditionally undertaken not to dispose any part or all of their shareholdings in I-Berhad prior to the entitlement date of the Proposed Rights Issue with Warrants and shall maintain their shareholding in order to subscribe for their full entitlements of the Rights Shares pursuant to the Proposed Rights Issue with Warrants. This announcement is dated 12 May 2014.
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SILKHLD - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | SILK HOLDINGS BERHAD |
| Stock Name | SILKHLD |
| Date Announced | 12 May 2014 |
| Category | General Announcement |
| Reference No | MI-140512-65714 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | SILK HOLDINGS BERHAD (“SHB” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 30,000,000 NEW ORDINARY SHARES OF RM0.25 EACH IN SHB, REPRESENTING UP TO APPROXIMATELY 6.2% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SHB (“PROPOSED PRIVATE PLACEMENT”) |
We refer to the announcement dated 9 May 2014 on the Proposed Private Placement. On behalf of the Board of Directors of SHB, AFFIN Investment Bank Berhad wishes to announce that the Company had on 12 May 2014, submitted the listing application to Bursa Malaysia Securities Berhad for the listing of and quotation for up to 30,000,000 new ordinary shares of RM0.25 each in SHB, representing up to approximately 6.2% of the issued and paid-up share capital of SHB. This announcement is dated 12 May 2014.
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APEX - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | APEX EQUITY HOLDINGS BERHAD |
| Stock Name | APEX |
| Date Announced | 12 May 2014 |
| Category | General Meetings |
| Reference No | AE-140507-58392 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | APEX EQUITY HOLDINGS BERHAD ("APEX") - Notice of the 24th Annual General Meeting |
| Date of Meeting | 06/06/2014 |
| Time | 11:00 AM |
| Venue | Conference Room, 10th Floor, Menara Apex, Off Jalan Semenyih, Bukit Mewah, 43000 Kajang, Selangor Darul Ehsan. |
| Date of General Meeting Record of Depositors | 28/05/2014 |
APEX - Final Dividend
| Company Name | APEX EQUITY HOLDINGS BERHAD |
| Stock Name | APEX |
| Date Announced | 12 May 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | AE-140507-52195 |
| Remarks : |
| The payment of the Single-tier Final Dividend of 5% is subject to the approval of the shareholders of the Company at the forthcoming Annual General Meeting ("AGM") scheduled to be held on 6 June 2014. Please refer to the Notice of the AGM dated 14 May 2014 which makes reference to the above-mentioned dates. |
APEX - Special Dividend
| Company Name | APEX EQUITY HOLDINGS BERHAD |
| Stock Name | APEX |
| Date Announced | 12 May 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | AE-140507-54004 |
| Remarks : |
| The payment of the Single-tier Special Dividend of 3% is subject to the approval of the shareholders of the Company at the forthcoming Annual General Meeting ("AGM") scheduled to be held on 6 June 2014. Please refer to the Notice of the AGM dated 14 May 2014 which makes reference to the above-mentioned dates. |
BENALEC - Notice of Shares Buy Back - Immediate Announcement
| Company Name | BENALEC HOLDINGS BERHAD |
| Stock Name | BENALEC |
| Date Announced | 12 May 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CK-140512-63488 |
HIBISCS - OTHERS HIBISCUS PETROLEUM BERHAD (“HIBISCUS PETROLEUM” OR THE “COMPANY”) HEADS OF AGREEMENT BETWEEN CARNARVON HIBISCUS PTY LTD (“CHPL”), 3D OIL LIMITED (“3DO”), ALTHEA CORPORATION LIMITED (“ALTHEA”) AND HIREX PETROLEUM SDN BHD (“HIREX”), FOR THE FOLLOWING: (I) PROPOSED ACQUISITION OF 49.9% INTEREST IN BRITANNIA RIG (“RIG/TRUST PROPERTY”) BY CHPL FROM 3DO (“TRUST PROPERTY ACQUISITION”) AND THE TRUST RE-ALIGNMENT FOR ALTHEA TO ACT AS THE BARE TRUSTEE ON BARE TRUST FOR CHPL IN ITS OWN CAPACITY (RATHER THAN IN THE CAPACITY AS A JOINT OPERATING AGREEMENT OPERATOR) (“TRUST RE-ALIGNMENT”); (II) PROPOSED ACQUISITION OF 5% INTEREST IN EXPLORATION PERMIT VIC/P57 (“P57”) BY CHPL FROM 3DO (“P57 ACQUISITION”); (III) PROPOSED TRANSFER OF A PERCENTAGE OF 3DO’S INTEREST IN P57 TO OTHER P57 JOINT VENTURE PARTIES IN THE EVENT THAT 3DO IS UNABLE TO PAY ITS PARTICIPATING INTEREST SHARE OF ANY P57 CASH CALL AMOUNTS PAYABLE (INCLUDING ANY OTHER OUTSTANDING DEBTS) UNDER OR IN RESPECT OF THE P57 JOINT OPERATING AGREEMENT DATED 8 JANUARY 2013 (“P57 JOA”) (“P57 INTEREST TRANSFER”); (IV) PROPOSED OPTION GRANTED BY 3DO TO HIREX (OR ANOTHER ENTITY NOMINATED BY CHPL) IN RELATION TO THE TRANSFER OF 3DO’S 20% INTEREST IN P57 (“P57 OPTION”); (V) PROPOSED INITIAL TRANSFER OF A PERCENTAGE OF 3DO’S INTEREST IN PRODUCTION LICENCE VIC/L31 (“L31”) TO CHPL FOR THE CONVERSION OF ALL OUTSTANDING DEBTS OF 3DO AS AT THE DATE OF THE HEADS OF AGREEMENT (“L31 INITIAL TRANSFER AND DEBT CONVERSION”); (VI) PROPOSED SUBSEQUENT TRANSFER OF A PERCENTAGE OF 3DO’S INTEREST IN L31 TO OTHER L31 JOINT VENTURE PARTIES, IF AT ANY TIME, 3DO IS UNABLE TO PAY ITS PARTICIPATING INTEREST SHARE OF ANY CASH CALL OR OTHER OUTSTANDING DEBTS PAYABLE UNDER THE P57 JOA (“L31 SUBSEQUENT TRANSFER”); AND (VII) PROPOSED OPTION GRANTED TO CHPL TO PROCURE THE REMAINDER OF 3DO’S INTEREST IN L31 (“L31 OPTION”), (COLLECTIVELY REFERRED TO AS THE “PROPOSED TRANSACTIONS”)
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 12 May 2014 |
| Category | General Announcement |
| Reference No | MI-140502-74875 |
| Type | Announcement | |
| Subject | OTHERS | |
| Description | HIBISCUS PETROLEUM BERHAD (“HIBISCUS PETROLEUM” OR THE “COMPANY”) HEADS OF AGREEMENT BETWEEN CARNARVON HIBISCUS PTY LTD (“CHPL”), 3D OIL LIMITED (“3DO”), ALTHEA CORPORATION LIMITED (“ALTHEA”) AND HIREX PETROLEUM SDN BHD (“HIREX”), FOR THE FOLLOWING: (I) PROPOSED ACQUISITION OF 49.9% INTEREST IN BRITANNIA RIG (“RIG/TRUST PROPERTY”) BY CHPL FROM 3DO (“TRUST PROPERTY ACQUISITION”) AND THE TRUST RE-ALIGNMENT FOR ALTHEA TO ACT AS THE BARE TRUSTEE ON BARE TRUST FOR CHPL IN ITS OWN CAPACITY (RATHER THAN IN THE CAPACITY AS A JOINT OPERATING AGREEMENT OPERATOR) (“TRUST RE-ALIGNMENT”); (II) PROPOSED ACQUISITION OF 5% INTEREST IN EXPLORATION PERMIT VIC/P57 (“P57”) BY CHPL FROM 3DO (“P57 ACQUISITION”); (III) PROPOSED TRANSFER OF A PERCENTAGE OF 3DO’S INTEREST IN P57 TO OTHER P57 JOINT VENTURE PARTIES IN THE EVENT THAT 3DO IS UNABLE TO PAY ITS PARTICIPATING INTEREST SHARE OF ANY P57 CASH CALL AMOUNTS PAYABLE (INCLUDING ANY OTHER OUTSTANDING DEBTS) UNDER OR IN RESPECT OF THE P57 JOINT OPERATING AGREEMENT DATED 8 JANUARY 2013 (“P57 JOA”) (“P57 INTEREST TRANSFER”); (IV) PROPOSED OPTION GRANTED BY 3DO TO HIREX (OR ANOTHER ENTITY NOMINATED BY CHPL) IN RELATION TO THE TRANSFER OF 3DO’S 20% INTEREST IN P57 (“P57 OPTION”); (V) PROPOSED INITIAL TRANSFER OF A PERCENTAGE OF 3DO’S INTEREST IN PRODUCTION LICENCE VIC/L31 (“L31”) TO CHPL FOR THE CONVERSION OF ALL OUTSTANDING DEBTS OF 3DO AS AT THE DATE OF THE HEADS OF AGREEMENT (“L31 INITIAL TRANSFER AND DEBT CONVERSION”); (VI) PROPOSED SUBSEQUENT TRANSFER OF A PERCENTAGE OF 3DO’S INTEREST IN L31 TO OTHER L31 JOINT VENTURE PARTIES, IF AT ANY TIME, 3DO IS UNABLE TO PAY ITS PARTICIPATING INTEREST SHARE OF ANY CASH CALL OR OTHER OUTSTANDING DEBTS PAYABLE UNDER THE P57 JOA (“L31 SUBSEQUENT TRANSFER”); AND (VII) PROPOSED OPTION GRANTED TO CHPL TO PROCURE THE REMAINDER OF 3DO’S INTEREST IN L31 (“L31 OPTION”), (COLLECTIVELY REFERRED TO AS THE “PROPOSED TRANSACTIONS”) | |
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