May 15, 2014

Company announcements: INARI, MYETFDJ, MYETFID, PARAMON, SEB, SKPETRO, CAP, MUHIBAH

INARI - OTHERS Inari Amertron Berhad ("Inari" or "the Company") - Interim Dividend for the financial year ending 30 June 2014

Announcement Type: General Announcement
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced15 May 2014  
CategoryGeneral Announcement
Reference NoIA-140515-64938

Admission SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionInari Amertron Berhad ("Inari" or "the Company")
- Interim Dividend for the financial year ending 30 June 2014

The Board of Directors of Inari is pleased to declare a third interim single tier dividend of 1.20 sen and a special dividend of 0.80 sen per ordinary share of RM0.10 each in respect of the financial year ending 30 June 2014.

The entitlement and payment date of the dividend will be announced at a later date.

This announcement is dated 15 May 2014.

 



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

Announcement Type: Financial Results
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced15 May 2014  
CategoryFinancial Results
Reference NoIA-140509-58206

Admission SponsorM&A Securities Sdn Bhd
SponsorSame as above
Financial Year End30/06/2014
Quarter3
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

Q3 2014 15 5 2014.pdf
383 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
191,814
56,776
569,771
173,479
2Profit/(loss) before tax
27,173
8,324
75,796
29,752
3Profit/(loss) for the period
25,498
12,437
71,447
28,475
4Profit/(loss) attributable to ordinary equity holders of the parent
24,966
12,388
70,429
28,898
5Basic earnings/(loss) per share (Subunit)
5.19
3.68
15.21
8.59
6Proposed/Declared dividend per share (Subunit)
2.00
1.80
5.00
3.50


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 ($$)
0.4665
0.3565
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


MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced15 May 2014  
CategoryGeneral Announcement
Reference NoMD-140515-67825

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 15-05-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1912
Units in Circulation (units): 253,900,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.05
License Fee (%p.a): 0.04
DJIM25 Index: 1,064.54

 



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced15 May 2014  
CategoryGeneral Announcement
Reference NoMM-140515-67295

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 15-05-2014
Fund: MYETFID
NAV per unit (RM): 1.0413
Units in Circulation (units): 21,600,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.045
License Fee (%p.a): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,430.77

 



PARAMON - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NamePARAMOUNT CORPORATION BERHAD  
Stock Name PARAMON  
Date Announced15 May 2014  
CategoryGeneral Meetings
Reference NoPC-140515-EA635

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionNotice of Extraordinary General Meeting
Date of Meeting09/06/2014
Time11:00 AM
VenueSaujana Ballroom
The Saujana Hotel Kuala Lumpur
Saujana Resort
Jalan Lapangan Terbang SAAS
40150 Shah Alam
Selangor Darul Ehsan
Date of General Meeting Record of Depositors03/06/2014

Attachments

PCB-Notice of EGM.pdf
80 KB



PARAMON - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NamePARAMOUNT CORPORATION BERHAD  
Stock Name PARAMON  
Date Announced15 May 2014  
CategoryGeneral Meetings
Reference NoPC-140515-E8F3B

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionNotice of 44th Annual General Meeting
Date of Meeting09/06/2014
Time10:00 AM
VenueSaujana Ballroom
The Saujana Hotel Kuala Lumpur
Saujana Resort
Jalan Lapangan Terbang SAAS
40150 Shah Alam
Selangor Darul Ehsan
Date of General Meeting Record of Depositors03/06/2014

Attachments

PCB-Notice of AGM.pdf
388 KB



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

Announcement Type: Financial Results
Company NameSEREMBAN ENGINEERING BERHAD  
Stock Name SEB  
Date Announced15 May 2014  
CategoryFinancial Results
Reference NoCM-140514-32275

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited
  • 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
29,614
20,521
29,614
20,521
2Profit/(loss) before tax
1,496
1,623
1,496
1,623
3Profit/(loss) for the period
1,129
1,428
1,129
1,428
4Profit/(loss) attributable to ordinary equity holders of the parent
1,120
1,539
1,120
1,539
5Basic earnings/(loss) per share (Subunit)
1.41
1.93
1.41
1.93
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


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 ($$)
0.8800
0.8700
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


SKPETRO - OTHERS SAPURAKENCANA PETROLEUM BERHAD - AWARD OF CONTRACTS

Announcement Type: General Announcement
Company NameSAPURAKENCANA PETROLEUM BERHAD  
Stock Name SKPETRO  
Date Announced15 May 2014  
CategoryGeneral Announcement
Reference NoSP-140512-57508

TypeAnnouncement
SubjectOTHERS
DescriptionSAPURAKENCANA PETROLEUM BERHAD
- AWARD OF CONTRACTS

The Board of Directors of SapuraKencana Petroleum Berhad (“SapuraKencana” or “Company”) (“Board”) is pleased to announce that the following companies within the SapuraKencana Group have been awarded the following contracts:

(I) Drilling Division

SapuraKencana Drilling Holdings Limited, a wholly-owned subsidiary, has been awarded a contract for the provision of offshore drilling rig and services by its Tender Assist Drilling Rig “SKD T-20’’ (“SKD T-20”) by CNR International (C te d'Ivoire) S.A.R.L. (“CNRI”) (“CNRI Contract”).

The CNRI Contract comprises the provision of SKD T-20 for wells in the Espoir Field in Block CI-26 offshore C te d'Ivoire. The drilling programme includes drilling, side-tracking, completion and other associated works, where applicable.

The CNRI Contract is for a primary term of ten firm wells to be completed in not less than 365 days, followed by four single well options to be exercised at CNRI’s sole discretion.

(II) Offshore Construction and Subsea Services Division

(i) TL Offshore Sdn Bhd (“TLO”), a wholly-owned subsidiary, has executed a Charter Party Agreement with Heerema Marine Contractors Nederland SE (“HMC” or “Charterer”) for the provision of a command installation vessel “SK1200” for the Arkutun-Dagi Project in Sakhalin, Russia (“Charter”) (“Arkutun-Dagi Contract”).

Exxon Neftegas Ltd (“Exxon”) has awarded a contract to HMC for the transportation and installation of the Arkutun-Dagi topsides. HMC has in turn awarded TLO with transportation of Exxon’s Temporary Living Quarters under the Charter. The Charter shall be for a firm period of 55 days and Charterer has an option of 15 daily extensions.

(ii) TLO has been awarded a subcontract for the provision of transportation and installation works in connection with the British Gas Exploration & Production India Limited Mukta B Platform and Pipeline Project by Larsen & Toubro Ltd (“L&T”) (“LTS Subcontract”) through L&T Sapura Offshore Private Limited, an Indian joint venture company between L&T and Nautical Power Pte Ltd, a wholly-owned subsidiary of SapuraKencana.

The LTS Subcontract comprises the provision of transportation and installation of jacket, topside and pipelines, including tie-ins, transportation and installation engineering, procurement and provision of riser clamps for risers at existing platforms, pre-commissioning and project management.

(iii) SapuraAcergy Sdn Bhd, a joint venture company equally owned by SapuraKencana and Subsea 7 S.A., has been awarded a contract for the provision of subsea services for the Maharaja Lela South Project (“Maharaja Lela South Project”) by TOTAL E&P Borneo B.V. (“MLS Contract”).

The MLS Contract comprises Engineering, Procurement, Supply, Construction, Pre-Commissioning, Transportation and Installation related to offshore platform and pipeline works together with associated assistance to start-up.

The MLS Contract is for a duration of approximately twenty (20) months.

(III) Fabrication, Hook-up and Commissioning

Kencana HL Sdn Bhd, a wholly-owned subsidiary, has been awarded a contract for the provision of detailed engineering, procurement, construction, and commissioning for the Layang Development (Facilities) Project (“Layang Project”) by JX Nippon Oil & Gas Exploration (Malaysia) Limited (“Layang Contract”).

The Layang Contract comprises the provision of detailed engineering, procurement, construction and commissioning for the Layang Project.

The Layang Project is for a period of two years and is expected to be completed by the second quarter of 2016.

VALUE OF CONTRACTS

The above contracts are valued at approximately USD312 million.

RISK FACTORS

Risk factors affecting the above contracts are mainly operational in nature and include execution risks such as availability of skilled manpower and materials, changes in pricing and/or political, economic and regulatory conditions as well as external factors such as weather condition. Notwithstanding, the Company has established a successful track record undertaking similar projects.

FINANCIAL EFFECTS

The above contracts will have no effect on the issued and paid-up share capital of the Company and are expected to contribute positively towards the earnings of SapuraKencana Group for the financial year ending 31 January 2015 and the financial periods thereafter during the above contracts period, respectively.

DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST

None of the Directors and/or major shareholders of the Company and/or persons connected with them has any direct or indirect interest in the award of the above contracts.

DIRECTORS’ STATEMENT

The Board is of the opinion that the acceptances of the above contracts are in the best interests of the Company.

This announcement is dated 15 May 2014.



CAP - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameCHINA AUTOMOBILE PARTS HOLDINGS LIMITED  
Stock Name CAP  
Date Announced15 May 2014  
CategoryChange in Boardroom
Reference NoCC-140515-40493

Date of change15/05/2014
NameWang YuYun
Age34
NationalityChinese (PRC)
Type of changeAppointment
DesignationChairman
DirectorateExecutive
QualificationsGraduated from Fujian Supply and Marketing School (later renamed as Fujian Economic School) with a major in financial accounting in February 1998. 
Working experience and occupation Ms. Wang started her career at the Footwear Quality Supervision & Testing Center, Ministry of Agriculture of the People's Republic of China in 1998 as a product quality inspector, which is responsible for the monitoring of compliance with the product quality standards as set out by the Ministry of Agriculture. Thereafter, she joined FenSun as Finance Manager in September 2004 when it was incorporated, overseeing the company's accounting and financial matters as well as general corporate affairs and management. Ms. Wang was promoted to the position of General Manager in 2007. She is currently responsible for accounting and financial matters, procurement and management of our Group. In addition, she also participates in developing business policies and marketing strategies of our Group as well as building rapport with supplies, customers and the relevant authorities. Ms. Wang's knowledge and experience in the automotive parts industry as well as her handling of the Group's accounting and financial matters as well as building rapport with our suppliers and customers have contributed to our growth over the years.  
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerMr. Li Guo Qing is the spouse of Ms. Wang YuYun 
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 subsidiariesIndirect Interest: 183,750,000 ordinary shares and 31,875,000 warrants.


Deemed interest by virtue of spouse’s direct interest in GuoTai International Holding Limited pursuant to Section 6A of the Companies Act, 1965.  


MUHIBAH - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameMUHIBBAH ENGINEERING (M) BHD  
Stock Name MUHIBAH  
Date Announced15 May 2014  
CategoryChange in Audit Committee
Reference NoCC-140424-76127

Date of change15/05/2014
NameLim Teik Hin
Age72
NationalityMalaysian / Chinese
Type of changeResignation
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
QualificationsMr Lim Teik Hin (“Mr Lim”) is a member of the Malaysian Institute of Accountants, Malaysian Institute of Certified Public Accountants and CPA Australia. He graduated with an Accountancy Degree from Perth Technical College in 1966.  
Working experience and occupation Mr Lim started his career with an accounting firm in Australia (L.A. Walker & Sons) and subsequently worked with KPMG (Penang) in Malaysia. He then joined Federal Aluminium (M) Bhd as an Operations Manager. His last held position was Senior Manager in Muhibbah Engineering (M) Bhd ("MEB" or "the Company"). He was appointed to the Board of MEB on 28 March 2003 as a Non-Independent Non-Executive Director. 
Directorship of public companies (if any)Favelle Favco Berhad 
Family relationship with any director and/or major shareholder of the listed issuerMr Lim is the brother-in-law of Mr Mac Ngan Boon @ Mac Yin Boon, the Managing Director of MEB 
Any conflict of interests that he/she has with the listed issuerMr Lim has no conflict of interest with the Company and has never been charged for any offence. 
Details of any interest in the securities of the listed issuer or its subsidiariesIndirect Interest: 50,000 ordinary shares of RM0.50 each in MEB 
Composition of Audit Committee (Name and Directorate of members after change)1. Tan Sri Zakaria bin Abdul Hamid – Chairman (Senior Independent Non-Executive Director)
2. Sobri bin Abu – Member (Independent Non-Executive Director)
3. Dato' Mohamad Kamarudin bin Hassan - Member (Independent Non-Executive Director)


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