May 2, 2014

Company announcements: IRIS, GDEX, KGB, CIMBA40, CIMBC25, BSTEAD, LIENHOE, MPI, AIRPORT, WPRTS

IRIS - PROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD (“IRIS JVCO”) FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE’S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced2 May 2014  
CategoryGeneral Announcement
Reference NoIC-140502-44241

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDYL-140430-39595
SubjectPROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD (“IRIS JVCO”) FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE’S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)
DescriptionPROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD (“IRIS JVCO”) FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE’S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)
Query Letter Contents We refer to your announcement dated 29 April 2014 in respect of the
abovementioned matter.

In this regard, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. The proportion of investment cost to be borne by REL and Dezhao.
2. The initial and eventual issued and paid-up capital of IRIS-JVCO.
3. The equity interest to be held by the respective parties in IRIS-JVCO.
4. The source of funds for the shareholder loan of RMB15 million to be
provided by REL.
5. The quantification of the balance of investment amount to be secured by
IRIS-JVCO.

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/YLS
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)

 

PROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD (“IRIS JVCO”) FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE’S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)

 

 

 

With reference to the letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 30th April, 2014 querying ICB on the Project Agreement entered amongst Regal Energy Limited (“Rel”), Xi An Dezhao Environment Protection Technology Co. Ltd And Weinan Iris-Envirowerkz-Zhouji Renewable Resources Co., Ltd (“IRIS-JVCO”) for the supply of waste treatment technology and equipment similar to the Weinan Plant In People’s Republic Of China  (“PRC”) for a total Investment Costs of RMB 50,000,000  (“Project”), ICB to the best of its knowledge and based on the agreed terms and conditions of the Project Agreement and after making due enquiry with the directors wish to confirm and respond as follows to the enquiry made by Bursa Securities.

 

 

 

 

  1. There is no proportion of investment costs involved in this Project Agreement, REL is required to provide a shareholder loan approximately RMB15Million (RM 7,827,000 as at  announcement dated  29/4/2014) to the IRIS- JVCO. REL will be assisting the IRIS-JVCO to raise the remaining RMB35 Million locally (PRC).

  2. .Pursuant to the explanation above, the Investment Costs will not change the existing registered capital nor the equity holding and/or interest of IRIS-JVCO. The details of the IRIS-JVCo is as per the Company’s announcement dated 21st February 2012.

  3. The source of funds for the shareholder loan of RMB15Million to be provided by REL shall come from the Company’s internal generated funds and bank borrowings.

  4. The quantification of the balance of the Investment Cost to be secured by REL shall be approximately RMB35Million (RM18,235,000)

 

 This announcement is made on 2nd May, 2014.

 

 

 

 

 

 

 

 

 



GDEX - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameGD EXPRESS CARRIER BERHAD  
Stock Name GDEX  
Date Announced2 May 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140429-74476

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalExercise of Warrants
No. of shares issued under this corporate proposal4,940,205
Issue price per share ($$)MYR 0.195
Par Value ($$)MYR 0.050
Latest issued and paid up share capital after the above corporate proposal in the following
Units838,502,979
CurrencyMYR 41,925,148.950
Listing Date05/05/2014


KGB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced2 May 2014  
CategoryGeneral Announcement
Reference NoCA-140502-45442

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNOTIFICATION OF DEALINGS IN THE COMPANY’S SECURITIES BY DIRECTORS/ PRINCIPAL OFFICERS PURSUANT TO PARAGRAPHS 14.06 AND 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)

Pursuant to Paragraphs 14.06 and 14.09 of the Main Market Listing Requirement of Bursa Securities, the Company wishes to announce the following dealing in securities of the Company by the following Directors and Principal Officer arising from the exercise of options under the Employees’ Share Option Scheme (“ESOS”) of the Company:-

Name of Directors

Date

No. of Options Exercised

*Percentage of Options Exercised (%)

Exercised price per option (RM)

1) Gan Hung Keng

30 April 2014

292,000

2.58%

0.34

2) Ong Weng Leong

292,000

2.58%

0.34

Name of Principal Officer

1) Wan Siew Chuan

30 April 2014

224,400

1.98%

0.34

* Based on the total number of options granted under ESOS of 11,332,400 and not exercised prior to 30 April 2014

This announcement is dated 2 May 2014.



CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced2 May 2014  
CategoryGeneral Announcement
Reference NoOB-140502-46126

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 02-May-2014
IOPV per unit (RM): 1.7567
Units in circulation (units): 1,350,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 11,038.40



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced2 May 2014  
CategoryGeneral Announcement
Reference NoOB-140502-46093

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 02-May-2014
IOPV per unit (RM): 0.9260
Units in circulation (units): 9,750,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 15,466.13



BSTEAD - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBOUSTEAD HOLDINGS BERHAD  
Stock Name BSTEAD  
Date Announced2 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBH-140502-F5E6E

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed25/04/2014
682,700
 

Circumstances by reason of which change has occurredDisposal of share in open market by KWAP
Nature of interestDirect
Direct (units)72,124,000 
Direct (%)6.97 
Indirect/deemed interest (units)965,330 
Indirect/deemed interest (%)0.09 
Total no of securities after change73,089,330
Date of notice30/04/2014

Remarks :
This Form 29B was received on 2 May 2014.


LIENHOE - OTHERS PROPOSED RENEWAL OF SHAREHOLDERS’ APPROVAL FOR SHARE BUY-BACK

Announcement Type: General Announcement
Company NameLIEN HOE CORPORATION BERHAD  
Stock Name LIENHOE  
Date Announced2 May 2014  
CategoryGeneral Announcement
Reference NoLH-140502-36633

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED RENEWAL OF SHAREHOLDERS’ APPROVAL FOR SHARE BUY-BACK


 

The Board of Directors of  Lien Hoe Corporation Berhad (“the Company”) wishes to announce that the Company intends to seek approval from its shareholders on the proposed renewal of shareholders’ approval for share buy-back of up to 10% of the issued and paid up share capital of the Company.

Documents setting out details of the above proposals will be dispatched to the shareholders together with the Company’s annual report in due course. 

 

 This announcement is dated 2 May 2014.


MPI - MPI - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameMALAYSIAN PACIFIC INDUSTRIES BERHAD  
Stock Name MPI  
Date Announced2 May 2014  
CategoryListing Circular
Reference NoRN-140430-28093

LISTING'S CIRCULAR NO. L/Q : 70442 OF 2014


    Second interim dividend of 10.0 sen per share tax exempt.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 15 May 2014 ]

    2) The last date of lodgement : [ 19 May 2014 ]

    3) Date Payable : [ 6 June 2014 ]


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

Announcement Type: General Announcement
Company NameMALAYSIA AIRPORTS HOLDINGS BERHAD  
Stock Name AIRPORT  
Date Announced2 May 2014  
CategoryGeneral Announcement
Reference NoMM-140430-40132

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionMALAYSIA AIRPORTS HOLDINGS BERHAD (“MAHB” OR THE “COMPANY”)

I. ACQUISITION OF 40% EQUITY STAKE IN İSTANBUL SABIHA G K EN ULUSLARARASI HAVALIMANI YATIRIM YAPIM VE İŞLETME A.Ş. (“ISG”) FROM:

A. GMR INFRASTRUCTURE LIMITED (“GMRI”) COMPRISING 109,629,660 FULLY PAID SHARES IN ISG REPRESENTING AN AGGREGATE OF 27.55% OF THE SHARE CAPITAL AND VOTING RIGHTS;

B. GMR INFRASTRUCTURE OVERSEAS LIMITED (“GMRO”) COMPRISING 49,547,940 FULLY PAID SHARES IN ISG REPRESENTING AN AGGREGATE OF 12.45% OF THE SHARE CAPITAL AND VOTING RIGHTS,

II. ACQUISITION OF 40% EQUITY STAKE IN LGM HAVALIMANI İŞLETMELERI TICARET VE TURIZM A.Ş. (“LGM”) FROM:

A. GMRO COMPRISING 175,000 FULLY PAID SHARES IN LGM REPRESENTING AN AGGREGATE OF 35.00% OF THE SHARE CAPITAL AND VOTING RIGHTS;

B. GMR INFRASTRUCTURE (GLOBAL) LIMITED (“GMRIG”) COMPRISING 25,000 FULLY PAID SHARES IN LGM REPRESENTING AN AGGREGATE OF 5.00% OF THE SHARE CAPITAL AND VOTING RIGHTS,

FOR A TOTAL CASH CONSIDERATION OF EURO (“EUR”) 225,000,000 (AS ADJUSTED IN ACCORDANCE WITH THE SHARE PURCHASE AGREEMENT (THE “SPA”))

(I AND II COLLECTIVELY REFERRED TO AS THE “ACQUISITIONS”)

We refer to the announcements dated 23 December 2013, 30 December 2013, 24 January 2014, 28 January 2014, 5 February 2014, 28 February 2014 and 25 April 2014 respectively in relation to the Acquisitions (“Announcements”). All abbreviations herein shall have the same meanings as those used in the Announcements unless stated otherwise.

On behalf of MAHB, CIMB Investment Bank Berhad wishes to announce that all the conditions precedent pertaining to the Acquisitions have been fulfilled or waived and the Company had on 30 April 2014 completed the Acquisitions for a total cash consideration of EUR 209,000,000.

The total cash consideration for the Acquisitions was adjusted in accordance with the SPA from EUR 225,000,000 to EUR 209,000,000.

This announcement is dated 2 May 2014.



WPRTS - OTHERS Press Release: Financial Results for 1Q 2014

Announcement Type: General Announcement
Company NameWESTPORTS HOLDINGS BERHAD  
Stock Name WPRTS  
Date Announced2 May 2014  
CategoryGeneral Announcement
Reference NoCC-140502-6E494

TypeAnnouncement
SubjectOTHERS
DescriptionPress Release: Financial Results for 1Q 2014

 



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