DELEUM - Changes in Sub. S-hldr's Int. (29B) - Farid Riza Izham
| Company Name | DELEUM BERHAD |
| Stock Name | DELEUM |
| Date Announced | 19 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DD-140619-2087B |
Particulars of substantial Securities Holder
| Name | Farid Riza Izham |
| Address | No. 120 Jalan U – Thant 55000 Kuala Lumpur |
| NRIC/Passport No/Company No. | 700522-71-5247 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | IM Holdings Sdn Bhd Suite 12B-23 14th Floor Wisma Zelan No. 1 Jalan Tasik Permaisuri 2 Bandar Tun Razak , 56000 Cheras Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 16/06/2014 | 12,180,000 | 0.000 |
DELEUM - Changes in Sub. S-hldr's Int. (29B) - Hana Sakina Izham
| Company Name | DELEUM BERHAD |
| Stock Name | DELEUM |
| Date Announced | 19 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DD-140619-1D0C4 |
Particulars of substantial Securities Holder
| Name | Hana Sakina Izham |
| Address | No. 120 Jalan U – Thant 55000 Kuala Lumpur |
| NRIC/Passport No/Company No. | 740928-14-5076 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | IM Holdings Sdn Bhd Suite 12B-23 14th Floor Wisma Zelan No. 1 Jalan Tasik Permaisuri 2 Bandar Tun Razak , 56000 Cheras Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 16/06/2014 | 12,180,000 | 0.000 |
DELEUM - Changes in Sub. S-hldr's Int. (29B) - Faidz Raziff Izham
| Company Name | DELEUM BERHAD |
| Stock Name | DELEUM |
| Date Announced | 19 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DD-140619-1A517 |
Particulars of substantial Securities Holder
| Name | Faidz Raziff Izham |
| Address | No. 120 Jalan U – Thant 55000 Kuala Lumpur |
| NRIC/Passport No/Company No. | 720107-10-5423 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | IM Holdings Sdn Bhd Suite 12B-23 14th Floor Wisma Zelan No. 1 Jalan Tasik Permaisuri 2 Bandar Tun Razak , 56000 Cheras Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 16/06/2014 | 12,180,000 | 0.000 |
OLDTOWN - Changes in Sub. S-hldr's Int. (29B) - Franklin Resources, Inc.
| Company Name | OLDTOWN BERHAD |
| Stock Name | OLDTOWN |
| Date Announced | 19 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CK-140619-CDC7A |
Particulars of substantial Securities Holder
| Name | Franklin Resources, Inc. |
| Address | One Franklin Parkway San Mateo, CA 94403-1906 |
| NRIC/Passport No/Company No. | 484026 |
| Nationality/Country of incorporation | United States |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Asing) Sdn Bhd 10, Jalan Munshi Abdullah 50100 Kuala Lumpur Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur HSBC Nominees (Asing) Sdn Bhd No. 2, Leboh Ampang 50100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 17/06/2014 | 350,000 |
| Remarks : |
| The Notice of Change in the Interest of Substantial Shareholder (Form 29B) dated 18 June 2014 was received by the Company on 19 June 2014. |
SEM - Changes in Sub. S-hldr's Int. (29B) - Columbia Wanger Asset Management, LLC ("CWAM")
| Company Name | 7-ELEVEN MALAYSIA HOLDINGS BERHAD |
| Stock Name | SEM |
| Date Announced | 19 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CS-140619-60815 |
Particulars of substantial Securities Holder
| Name | Columbia Wanger Asset Management, LLC ("CWAM") |
| Address | 227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America |
| NRIC/Passport No/Company No. | 04-3519872 |
| Nationality/Country of incorporation | United States of America |
| Descriptions (Class & nominal value) | Ordinary share of RM0.10 each |
| Name & address of registered holder | (1) 1199SEIU Health Care Employees Pension Fund ("HCEPF") 227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM) (2) Columbia Acorn Emerging Markets Fund ("CAEMF") 227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM) (3) Wanger International ("WI") 227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM) (4) Columbia Acorn International ("CAI") 227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 12/06/2014 | 318,100 |
| Remarks : |
| This Form 29B was received by the Company on 19 June 2014. |
IRETEX - Changes in Director's Interest (S135) - See Toh Kean Yaw
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 19 Jun 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140619-63413 |
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 | 1,200,000 | 0.093 |
| Circumstances by reason of which change has occurred | Open market disposal |
| Nature of interest | Indirect interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 2,457,500 |
| Direct (%) | 0.52 |
| Indirect/deemed interest (units) | 300,000 |
| Indirect/deemed interest (%) | 0.06 |
| Date of notice | 19/06/2014 |
| 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 0.26% of total ICULS of RM35,251,050 divided into 470,014,000 ICULS of RM0.075 each. |
MAHSING - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | MAH SING GROUP BERHAD |
| Stock Name | MAHSING |
| Date Announced | 19 Jun 2014 |
| Category | General Announcement |
| Reference No | MS-140619-6E124 |
| Type | Announcement | ||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||
| Description | Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Principal Officer has given his notice of dealings in the securities of Mah Sing Group Berhad as detailed hereunder: | ||||||||||||||
This announcement is dated 19 June 2014.
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HARVEST - MATERIAL LITIGATION (Amended Announcement)
| Company Name | HARVEST COURT INDUSTRIES BHD |
| Stock Name | HARVEST |
| Date Announced | 19 Jun 2014 |
| Category | General Announcement |
| Reference No | CC-140619-4A955 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | HARVEST COURT INDUSTRIES BERHAD (“HCIB” or “the Company”) - Kuala Lumpur High Court Suite No. : 22NCC-197-06/2014 Zenith City Investment Limited vs Harvest Court Industries Berhad & 6 Others |
1. Date of presentation of the Writ and Statement of Claim The Board of Directors of Harvest Court Industries Berhad (“HCIB” or “the Company”) wishes to announce on 10 June 2014, the Company has received the seal copy of the Writ and Statement of Claim both dated 6 June 2014 from Messrs. Lim Chong Phang & Amy, the solicitors for Zenith City Investment Limited (“Plaintiff”). The Company is required within 14 days from the date of received the Writ to enter appearance, failing which, the Plaintiff will proceed to obtain judgment against the Company without further reference to the Company. 2.The particulars of the claim under the Writ and Statement of Claim, including the amount claimed for and the interest rate The Plaintiff’s claims included the following :- i) A declaration from the Directors of the Company on the breach of Section 151 of the Companies Act, 1965; ii) General damages for the breach of Section 151 of the Companies Act, 1965; iii) General damages for the breach of Company’s Articles of Association; iv) General damages for the loss by the Plaintiff arising from the actions taken by the Company and its Board of Directors; v) General damages on the negligence by the HCIB’s Board of Directors which caused the rights of the Plaintiff being affected; vi) Exemplary damages; vii) Aggravated damages; viii) Interest of 5% per annum calculated from the date of judgment sum until the date of full settlement; ix) Cost on full indemnity basis; and x) Any other order or relief granted by the Court. The Plaintiff also claims from the Company the following :- i) To return the Bank Draft in the sum of RM10,000.00 in favour of the Company within 7 days from the date of judgment or within 4 days from the date of serving the judgment to the Company; and ii) As alternative, if the said Bank Draft has expired, a payment of RM10,000.00 from the Company to the Plaintiff. (3) Details of the default or circumstances leading to the filing of the Writ sand Statement of Claim against HCIB The Company had on 12 May 2014 received the Notice Pursuant to Section 151 of the Companies Act, 1965 (“Notice”) dated 12 May 2014 from the Plaintiff proposed for resolution to appoint 3 additional directors, namely Datuk Chai Woon Chet, Wong Kwai Wah and Dato’ Seri Abdul Azim Bin Mohd Zabidi to be considered and passed at the Company’s intended Annual General Meeting (“AGM”) which is to be held on/before 30 June 2014. On 22 May 2014, the Company had called for a Board meeting to discuss on the Notice. The Board was informed by Datuk Raymond Chan Boon Siew, the Managing Director & Chief Executive Officer of the Company that he had on 9 May 2014 and 14 May 2014 met with Datuk Chai Woon Chet (“Datuk Chai”) wherein Datuk Chai stated the following :- i) that he together with Zenith and/or other third parties collectively have about 33% to 34% shareholding in the Company; ii) that he has property development projects that he intends to inject into the Company but failed to provide any details supporting the same; iii) that Mr Kenneth Vun holds more than 10% of shareholding and is supporting him; and iv) that he together with Zenith and/or other third parties including but not limited to Mr Kenneth Vun (hereinafter known collectively as “the Requisitionists”) are attempting to circumvent the mandatory general offer. After due discussion, the Board was unable to form an opinion on the Notice and agreed to seek for legal opinions from the solicitors on the said matter. On 28 May 2014, the Company had called for another Board meeting to discuss the Notice. After due deliberation and considering the legal opinions from the solicitors, the Board decided that the Company not to comply with the Notice and proceed to hold its AGM on 20 June 2014 without circulating the Notice due to the following justification :- i) At all material times, there is no disclosure or notification from Mr. Kenneth Vun that he holds more than 10% of the Company's shares. Given the statements made by Datuk Chai at item (iii) above, Mr. Kenneth Vun whom is said to be holding more than 10% of the Company's shares may have breached Section 69E of the Act for failing to notify the Company of his substantial shareholding. ii) Further, in the event that the Requisitionists do collectively have 33% of the Company's shares, it is mandatory for them to make a general offer to the Company' shareholders as per Section 9(1) of the Malaysian Code on Take Overs and Mergers 2010 ("the Code"). iii) However, it seems that the Requisitionists may be attempting to bypass or avoid the mandatory general offer ("MGO") when they failed to formally disclose to the Company that they collectively have 33% or more of the Company's shares. Hence, there could be a possible breach of Section 9(1) of the Code. iv) Section 13(1) of the Code has an implied prohibition against participating in management of a target company without making a mandatory offer. The Board is of a view in light of the prohibition and the breaches aforesaid and further in their duty to protect the interest of all shareholders, have decided not to circulate the proposed resolutions. (4) The financial and operational impact of the Writ and Statement of Claim on the Group The Writ and Statement of Claim is not expected to have any material financial and operational impact on the Group. (5) The expected losses, if any, arising from the Writ and Statement of Claim The Company is not expected to incur any further loss arising from the Writ and Statement of Claim. (6) Steps taken and proposed to be taken in respect of the Writ and Statement of Claim HCIB is seeking the necessary legal advice to resolve and/or defend against this matter. Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course. This announcement is dated 19 June 2014 and supersedes the previous announcement made on 10 June 2014.
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HARVEST - OTHERS (Amended Announcement)
| Company Name | HARVEST COURT INDUSTRIES BHD |
| Stock Name | HARVEST |
| Date Announced | 19 Jun 2014 |
| Category | General Announcement |
| Reference No | CC-140619-4A945 |
| Type | Announcement |
| Subject | OTHERS |
| Description | HARVEST COURT INDUSTRIES BERHAD (“HCIB” or “the Company”) - Notice Pursuant to Section 151 of the Companies Act, 1965 |
The Board of Directors of Harvest Court Industries Berhad (“HCIB” or “the Company) wishes to announce that the Company had on 12 May 2014 received the Notice Pursuant to Section 151 of the Companies Act, 1965 (“the Act”) (“Notice”) dated 12 May 2014 from Zenith City Investment Limited (“Zenith”), a substantial shareholder of the Company holding 26,800,000 shares of the Company, representing approximately 10.1% of the total issued and paid up share capital of the Company as at 12 May 2014, requesting the following resolutions be considered, and if though fit, passing with or without modification at the Annual General Meeting (“AGM”) of the Company :- ORDINARY RESOLUTION 1 "That anyone appointed to be Director of the Company on and from 9th May 2014 (if any) be removed as Directors of the Company with immediate effect.” ORDINARY RESOLUTION 2 “That subject to him having consented to act as a director, Datuk Chai Woon Chet (NRIC No. 781224-06-5263) be and is hereby, appointed as a director of the Company, with immediate effect.” ORDINARY RESOLUTION 3 “That subject to him having consented to act as a director, Wong Kwai Wah (NRIC No. 570302-08-7071) be and is hereby, appointed as a director of the Company, with immediate effect.” ORDINARY RESOLUTION 4 “That subject to him having consented to act as a director, Dato’ Seri Abdul Azim bin Mohd Zabidi (NRIC No. 590711-08-5593) be and is hereby, appointed as a director of the Company, with immediate effect.” The Notice is also attached together with the following items :- i) Bank Draft in the sum of RM10,000.00 in favour of the Company, as a sum reasonably sufficient to meet the Company’s expenses in giving full effect of Section 151 of the Act; ii) Brief CVs of the 3 proposed New Directors; and iii) Statutory Declarations (Form 48A) duly affirmed by the proposed New Directors. Zenith has in the Notice requested the Company to provide a written undertaking that the Company will comply with all the requirements under Section 151 of the Act in order to give full effect of the Notice, within 48 hours from the date of received the Notice. The Company had on 14 May 2014 written to Zenith informing that there is no regulation providing that the Company is required to provide a written undertaking within 48 hours. However, the Board of Directors of the Company will convene a meeting to discuss on the Notice in due course. On 16 May 2014, the Company received second letter from Zenith request the Company to update the status on the reply for the Notice. On 22 May 2014, the Company had called for a Board meeting to discuss on the Notice. The Board was informed by Datuk Raymond Chan Boon Siew, the Managing Director & Chief Executive Officer of the Company that he had on 9 May 2014 and 14 May 2014 met with Datuk Chai Woon Chet (“Datuk Chai”) wherein Datuk Chai stated the following :- i) that he together with Zenith and/or other third parties collectively have about 33% to 34% shareholding in the Company; ii) that he has property development projects that he intends to inject into the Company but failed to provide any details supporting the same; iii) that Mr Kenneth Vun holds more than 10% of shareholding and is supporting him; and iv) that he together with Zenith and/or other third parties including but not limited to Mr Kenneth Vun (hereinafter known collectively as “the Requisitionists”) are attempting to circumvent the mandatory general offer. After due discussion, the Board was unable to form an opinion on the Notice and agreed to seek for legal opinions from the solicitors on the said matter. On 28 May 2014, the Company had called for another Board meeting to discuss the Notice. After due deliberation and considering the legal opinions from the solicitors, the Board decided that the Company not to comply with the Notice and proceed to hold its AGM on 20 June 2014 without circulating the Notice due to the following justification :- i) At all material times, there is no disclosure or notification from Mr. Kenneth Vun that he holds more than 10% of the Company's shares. Given the statements made by Datuk Chai at item (iii) above, Mr. Kenneth Vun whom is said to be holding more than 10% of the Company's shares may have breached Section 69E of the Act for failing to notify the Company of his substantial shareholding. ii) Further, in the event that the Requisitionists do collectively have 33% of the Company's shares, it is mandatory for them to make a general offer to the Company' shareholders as per Section 9(1) of the Malaysian Code on Take Overs and Mergers 2010 ("the Code"). iii) However, it seems that the Requisitionists may be attempting to bypass or avoid the mandatory general offer ("MGO") when they failed to formally disclose to the Company that they collectively have 33% or more of the Company's shares. Hence, there could be a possible breach of Section 9(1) of the Code. iv) Section 13(1) of the Code has an implied prohibition against participating in management of a target company without making a mandatory offer. The Board is of a view in light of the prohibition and the breaches aforesaid and further in their duty to protect the interest of all shareholders, have decided not to circulate the proposed resolutions. On 3 June 2014, the Company had lodged a complaint to Bursa Malaysia Securities Berhad (“Bursa Securities”) and Securities Commission (“SC”) via its letter dated 2 June 2014 requested Bursa Securities and SC to investigate on the possible breaches by the Requisitionist in related to the abovesaid matter. This announcement is dated 19 June 2014 and supersedes the previous announcement made on 10 June 2014.
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AKNIGHT - OTHERS The new composition of Audit Committee, Nomination Committee & Remuneration Committee with effect from 19 June 2014 are as follows:- 1) Audit Committee a) Mr Tan Teng Cheok (Independent Non-Executive Director) - Chairman b) Mr Sukhinderjit Singh Muker (Independent Non-Executive Director) - Member c) Mr Seah Cheong Wei (Independent Non-Executive Director) - Member 2) Nomination Committee a) Mr Tan Teng Cheok (Independent Non-Executive Director) - Chairman b) Mr Sukhinderjit Singh Muker (Independent Non-Executive Director) - Member c) Mr Seah Cheong Wei (Independent Non-Executive Director) - Member 3) Remuneration Committee a) Mr Sukhinderjit Singh Muker (Independent Non-Executive Director) - Chairman b) Mr See Teck Wah (Chairman/Managing Director) - Member c) Mr Tan Teng Cheok (Independent Non-Executive Director - Member d) Mr Seah Cheong Wei (Independent Non-Executive Director - Member
| Company Name | ASIA KNIGHT BERHAD |
| Stock Name | AKNIGHT |
| Date Announced | 19 Jun 2014 |
| Category | General Announcement |
| Reference No | CT-140619-41BF8 |
| Type | Announcement |
| Subject | OTHERS |
| Description | The new composition of Audit Committee, Nomination Committee & Remuneration Committee with effect from 19 June 2014 are as follows:- 1) Audit Committee a) Mr Tan Teng Cheok (Independent Non-Executive Director) - Chairman b) Mr Sukhinderjit Singh Muker (Independent Non-Executive Director) - Member c) Mr Seah Cheong Wei (Independent Non-Executive Director) - Member 2) Nomination Committee a) Mr Tan Teng Cheok (Independent Non-Executive Director) - Chairman b) Mr Sukhinderjit Singh Muker (Independent Non-Executive Director) - Member c) Mr Seah Cheong Wei (Independent Non-Executive Director) - Member 3) Remuneration Committee a) Mr Sukhinderjit Singh Muker (Independent Non-Executive Director) - Chairman b) Mr See Teck Wah (Chairman/Managing Director) - Member c) Mr Tan Teng Cheok (Independent Non-Executive Director - Member d) Mr Seah Cheong Wei (Independent Non-Executive Director - Member |
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