AIRPORT - OTHERS TERMINATION OF THE CONCESSION AGREEMENT FOR THE REHABILITATION, EXPANSION, MODERNIZATION, OPERATION AND MAINTENANCE OF THE IBRAHIM NASIR AIRPORT CONCESSION, MALDIVES – FINAL AWARD ON THE ARBITRATION PROCEEDING
| Company Name | MALAYSIA AIRPORTS HOLDINGS BERHAD |
| Stock Name | AIRPORT |
| Date Announced | 23 Jun 2014 |
| Category | General Announcement |
| Reference No | MA-140623-98040 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TERMINATION OF THE CONCESSION AGREEMENT FOR THE REHABILITATION, EXPANSION, MODERNIZATION, OPERATION AND MAINTENANCE OF THE IBRAHIM NASIR AIRPORT CONCESSION, MALDIVES – FINAL AWARD ON THE ARBITRATION PROCEEDING |
We refer to our announcement dated 28 November 2012 and wish to advise that GMR Male International Airport Private Limited (GMIAL), a special purpose vehicle incorporated between Malaysia Airports Holdings Berhad (MAHB) and GMR International Limited (GMR) for the purpose of undertaking the rehabilitation, expansion, modernization, operation and maintenance of the Ibrahim Nasir airport concession (Airport) in Maldives in 2010, had obtained an unanimous decision from a panel of three (3) arbitrators in the arbitration proceeding initiated by the Government of the Republic of the Maldives (GoM) (acting through its Ministry of Finance and Treasury) (MoFT) and Maldives Airport Company Limited (MACL). The arbitration proceeding was initiated by both MoFT and MACL for the purpose to seek an arbitration order, inter alia, that the concession agreement dated 28 June 2010 (Agreement) was void ab initio due to, inter alia, the inability of GMIAL to collect both the airport development charges (ADC) and insurance surcharge (IS). GMIAL had disputed this as wrongful termination. In its final award order, the panel declared the following: The Agreement was valid and binding and was not void for mistake or discharge by frustration; GoM and MACL repudiated the Agreement by their notice to GMIAL on 29 November 2012 and the repudiation was accepted by GMIAL; The collection of the ADC and IS was lawful under Maldivian law; The agreement to adjust the shortfall arising out of non-collection of ADC and IS from the concession fee (5th January agreement) was lawful and binding on GoM and MACL; GoM was not discharged as guarantor by the 5th January agreement or otherwise; GoM and MACL are jointly and severally liable in damages to GMIAL for loss caused by wrongful repudiation of the Agreement; and GoM and MACL to pay GMIAL US$4 million by way of costs within 42 days. MAHB is currently studying and assessing the amount of damages claimable by GMIAL against GoM and MACL. Once the final and conclusive assessment has been completed, we will release an updated announcement to Bursa accordingly. It is to be noted that the arbitration proceedings are private and confidential, however we are disclosing the above information in conformity with the regulatory requirements. This announcement is dated 23 June 2014. | |
AMFIRST - GENERAL MEETINGS: OUTCOME OF MEETING
| Company Name | AMFIRST REAL ESTATE INVESTMENT TRUST |
| Stock Name | AMFIRST |
| Date Announced | 23 Jun 2014 |
| Category | General Meetings |
| Reference No | AR-140623-55579 |
| Type of Meeting | AGM |
| Indicator | Outcome of Meeting |
| Date of Meeting | 23/06/2014 |
| Time | 10:30 AM |
| Venue | Manhattan III, Level 14, Berjaya Times Square Hotel Kuala Lumpur, No. 1 Jalan Imbi, 55100 Kuala Lumpur. |
| Outcome of Meeting | Am ARA REIT Managers Sdn Bhd, the Manager of AmFIRST Real Estate Investment Trust ("AmFIRST REIT") is pleased to announce that at the Second Annual General Meeting ("AGM") of the Unitholders of AmFIRST REIT held on 23 June 2014, the Unitholders of AmFIRST REIT have approved the two (2) resolutions as set out in the Notice of the AGM dated 30 May 2014. Attached is the related media release on the AGM. This announcement is dated 23 June 2014.
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WASEONG - Changes in Director's Interest (S135) - Chan Cheu Leong
| Company Name | WAH SEONG CORPORATION BERHAD |
| Stock Name | WASEONG |
| Date Announced | 23 Jun 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | WS-140623-35883 |
Information Compiled By KLSE
Particulars of Director
| Name | Chan Cheu Leong |
| Address | No. 2 Jalan U-Thant 3 55000 Kuala Lumpur Wilayah Persekutuan |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 20,000 | 1.800 |
| Circumstances by reason of which change has occurred | Acquisition through open market by Chan Cheu Leong |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 19,481,508 |
| Direct (%) | 2.5197 |
| Indirect/deemed interest (units) | 40,173,139 |
| Indirect/deemed interest (%) | 5.1958 |
| Date of notice | 23/06/2014 |
| Remarks : |
| 1. This announcement also serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 2. The above acquisition by Chan Cheu Leong of 20,000 ordinary shares represents 0.0026%. 3. Out of 40,173,139 shares: - 34,339,385 shares are registered in the name of Midvest Asia Sdn Bhd - 5,680,115 shares are registered in the name of UOBM Nominees (Tempatan) Sdn Bhd for Midvest Asia Sdn Bhd - 153,639 shares are registered in the names of his spouse and children 4. The Notice of Change in the Interest of Director dated 23 June 2014 was received on 23 June 2014 from Chan Cheu Leong. |
BPLANT - OTHERS BOUSTEAD PLANTATIONS BERHAD (“BPB”) STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES OF RM0.50 EACH IN BPB (“BPB SHARES”) IN CONJUCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) (“INITIAL PUBLIC OFFERING”)
| Company Name | BOUSTEAD PLANTATIONS BERHAD |
| Stock Name | BPLANT |
| Date Announced | 23 Jun 2014 |
| Category | General Announcement |
| Reference No | MI-140623-59819 |
| Type | Announcement |
| Subject | OTHERS |
| Description | BOUSTEAD PLANTATIONS BERHAD (“BPB”) STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES OF RM0.50 EACH IN BPB (“BPB SHARES”) IN CONJUCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) (“INITIAL PUBLIC OFFERING”) |
We refer to the above subject matter. In accordance with Section 9(1) of the Capital Markets and Services (Price Stabilization Mechanism) Regulations 2008, AFFIN Investment Bank Berhad (“AFFIN Investment”), being the stabilising manager (“Stabilising Manager”) in respect of the Initial Public Offering, hereby announces that: (a) the BPB Shares may be subject to stabilising action; (b) up to an aggregate of 64,000,000 BPB Shares are the subject of an over-allotment option, solely for purposes of covering over-allotments of the BPB Shares in the Initial Public Offering; (c) the Stabilising Manager may buy up to 64,000,000 BPB Shares to undertake the stabilising action; and (d) the maximum period during which the Stabilising Manager may stabilise the price of the BPB Shares shall be earlier of (i) 30 days from the commencement of trading of the BPB Shares on the Main Market of Bursa Securities; or (ii) the date when the Stabilising Manager has bought on the Main Market of Bursa Securities, an aggregate of 64,000,000 BPB Shares representing up to approximately 9.76% of the total number of BPB Shares offered under the Initial Public Offering. This announcement is dated 23 June 2014. | |
PETGAS - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | PETRONAS GAS BERHAD |
| Stock Name | PETGAS |
| Date Announced | 23 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-140623-B3DC0 |
Particulars of substantial Securities Holder
| Name | EMPLOYEES PROVIDENT FUND BOARD |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM1.00/share |
| Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 18/06/2014 | 200,000 |
| Remarks : |
| The direct interest of 264,720,500 shares comprising: a) 250,705,100 shares held by Citigroup Nominees Tempatan) Sdn. Bhd; b) 1,497,600 shares held EPF Board; c) 155,500 shares held by Employees Provident Fund Board (KIB); d) 150,000 shares held by Employees Provident Fund Board (RHB INV); e) 532,100 shares held by Employees Provident Fund Board (AM INV); f) 6,231,100 shares held by Employees Provident Fund Board (NOMURA); g) 4,974,100 shares held by Employees Provident Fund Board (CIMB PRI); h) 475,000 shares held by Employees Provident Fund Board (ARIM); Received Form 29B on 23 June 2014 |
PCCS - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | PCCS GROUP BERHAD |
| Stock Name | PCCS |
| Date Announced | 23 Jun 2014 |
| Category | General Announcement |
| Reference No | CS-140623-57151 |
| Type | Announcement | ||||||||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||||||||||||
| Description | PCCS GROUP BERHAD ("PCCS" OR "THE COMPANY") - DEALINGS IN SECURITIES OF PCCS OUTSIDE CLOSED PERIOD PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD | ||||||||||||||||||||||||||||||
Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Mr. Chan Chow Tek, the Non-Independent Executive Director of the Company, had given notice of his direct dealings in the securities of the Company outside closed period, details as set out in the table below:-
The Notice of Dealing was received by the Company on This announcement is dated | |||||||||||||||||||||||||||||||
CBIP - OTHERS CB INDUSTRIAL PRODUCT HOLDING BERHAD - Contract Agreement between Modipalm Engineering Sdn Bhd and Extraceite S.A
| Company Name | CB INDUSTRIAL PRODUCT HOLDING BERHAD |
| Stock Name | CBIP |
| Date Announced | 23 Jun 2014 |
| Category | General Announcement |
| Reference No | CI-140623-0BE80 |
| Type | Announcement | ||||||
| Subject | OTHERS | ||||||
| Description | CB INDUSTRIAL PRODUCT HOLDING BERHAD - Contract Agreement between Modipalm Engineering Sdn Bhd and Extraceite S.A | ||||||
The Board of Directors (“Board”) of CB Industrial Product Holding Berhad (“CBIP”) is pleased to announce that Modipalm Engineering Sdn. Bhd., a wholly-owned subsidiary of CBIP, has on 19 June 2014 entered into a Contract Agreement with Extraceite S.A (“Agreement”) for the following:
The
Agreement is expected to contribute positively to the earnings of CBIP Group
for the financial year ending 31 December 2014. The Board does not foresee any exceptional risk in relation to the Agreement other than the normal risks associated with our operations. None of the Directors and/or substantial shareholders of CBIP Group and/or persons connected to them have any interests, directly or indirectly, in the Agreement. This announcement is dated 23 June 2014. | |||||||
PERDANA - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
| Company Name | PERDANA PETROLEUM BERHAD |
| Stock Name | PERDANA |
| Date Announced | 23 Jun 2014 |
| Category | General Announcement |
| Reference No | CA-140623-67008 |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | PERDANA PETROLEUM BERHAD (“PPB”) - MEMBERS’ VOLUNTARY WINDING-UP OF SUBSIDIARY COMPANIES |
PPB wishes to announce that its wholly-owned subsidiary company, Petra Asia Limited (a Company incorporated under the Labuan Companies Act 1990) has been placed under Members’ Voluntary Liquidation and shall be dissolved on 23 June 2014. This announcement is dated 23 June 2014. | |
STONE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | STONE MASTER CORPORATION BERHAD |
| Stock Name | STONE |
| Date Announced | 23 Jun 2014 |
| Category | General Announcement |
| Reference No | SM-140623-9AAF4 |
| Type | Announcement |
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD |
| Description | Pursuant to Paragraph 14.09 of the Main Market Listing Requirements and following from the Announcement made on 10th June 2014 on the intention to deal in the securities of the Company during closed period, Stone Master Corporation Berhad ("the Company") wishes to inform that the Company has today, the 23rd June 2014 received a notification from Dato' Tan Wei Lian, an Executive Director and substantial shareholder of the Company, in relation to his dealings in the securities of the Company on 19th June 2014 as follows : Name of Registered Holder : Tan Wei Lian Class & Nominal Value : Ordinary shares of RM0.50 each Type of Transaction/Dealings : "Acquisition of shares in the Open Market" Units Acquired : 1,061,200 Date of Change/Acquisition : 19th June 2014 Nature of Interest : Direct interest Total No. of Securities and Percentage held before change :2,391,900(5.18%) Total No. of Securities and Percentage held after change :3,453,100(7.47%) Date of Notice : 23rd June 2014 |
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IRETEX - Changes in Director's Interest (S135) - See Toh Kean Yaw
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 23 Jun 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140623-53445 |
Information Compiled By KLSE
Particulars of Director
| Name | See Toh Kean Yaw |
| Address | 20, Lintang Delima 12, Island Glades, 11700 Penang. |
| Descriptions(Class & nominal value) | Irredeemable Convertible Unsecurred Loan Stocks (“ICULS“) of RM0.075 each. |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 200,000 | 0.113 | |
Disposed | 1,057,500 | 0.120 | |
Disposed | 100,000 | 0.115 |
| Circumstances by reason of which change has occurred | Open market disposal |
| Nature of interest | Direct interest - 1,057,500 ICULS Indirect interet - 300,000 ICULS |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 1,400,000 |
| Direct (%) | 0.3 |
| Indirect/deemed interest (units) | 0 |
| Indirect/deemed interest (%) | 0 |
| Date of notice | 23/06/2014 |
| Remarks : |
| 1. This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 2. The above disposal represents 0.29% of the total ICULS of RM35,251,050 divided into 470,014,000 ICULS of RM0.075 each. |
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