June 12, 2014

Company announcements: GENP, IJM, IJMLAND, PARKSON, BRIGHT

GENP - OTHERS ACQUISITION OF NEW WHOLLY-OWNED SUBSIDIARIES

Announcement Type: General Announcement
Company NameGENTING PLANTATIONS BERHAD  
Stock Name GENP  
Date Announced12 Jun 2014  
CategoryGeneral Announcement
Reference NoGP-140612-8E244

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF NEW WHOLLY-OWNED SUBSIDIARIES

Genting Plantations Berhad ("the Company") wishes to inform that it has acquired the entire issued and paid-up share capital of Profile Rhythm Sdn Bhd and Palma Ketara Sdn Bhd, each comprising two (2) ordinary shares of RM1.00 each for a cash consideration of RM2/- each ("Acquisitions") on 12 June 2014 as investment holding companies. The aforesaid new subsidiaries were incorporated on 25 April 2014 and 29 April 2014 respectively.

None of the directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect, in the Acquisitions.

The aforesaid new subsidiaries are not expected to have any effect on the group's profit for 2014.

This announcement is dated 12 June 2014.



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

Announcement Type: General Announcement
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced12 Jun 2014  
CategoryGeneral Announcement
Reference NoIC-140612-68166

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionPROPOSED PRIVATISATION OF IJM LAND BERHAD (“IJML”) BY IJM TO BE UNDERTAKEN BY WAY OF A MEMBERS’ SCHEME OF ARRANGEMENT PURSUANT TO SECTION 176 OF THE COMPANIES ACT, 1965 (“PROPOSED PRIVATISATION”)

We refer to the announcement dated 9 June 2014 in relation to the Proposed Privatisation.

The Board of Directors wishes to announce that the Company has today, 12 June 2014 received a letter from IJML that the Directors of IJML (other than the common directors of IJML and the Company, namely Tan Sri Dato’ Tan Boon Seng @ Krishnan, Dato’ Teh Kean Ming, Dato’ Soam Heng Choon and Datuk Lee Teck Yuen) had deliberated on the Proposed Privatisation and agreed to present the Proposed Privatisation (on the terms and conditions as stated in the Proposal Letter dated 9 June 2014) to the shareholders of IJML, other than the Company, at the court meeting to be convened.



IJMLAND - OTHERS IJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”) PROPOSED PRIVATISATION OF IJM LAND BY IJM CORPORATION BERHAD (“IJM”) TO BE UNDERTAKEN BY WAY OF A MEMBERS’ SCHEME OF ARRANGEMENT (“SOA”) PURSUANT TO SECTION 176 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED PRIVATISATION”)

Announcement Type: General Announcement
Company NameIJM LAND BERHAD  
Stock Name IJMLAND  
Date Announced12 Jun 2014  
CategoryGeneral Announcement
Reference NoMB-140612-55303

TypeAnnouncement
SubjectOTHERS
DescriptionIJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”)

PROPOSED PRIVATISATION OF IJM LAND BY IJM CORPORATION BERHAD (“IJM”) TO BE UNDERTAKEN BY WAY OF A MEMBERS’ SCHEME OF ARRANGEMENT (“SOA”) PURSUANT TO SECTION 176 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED PRIVATISATION”)

Reference is made to the Company’s announcement on 9 June 2014 in relation to the receipt of the formal offer from IJM in respect of the Proposed Privatisation.

On behalf of the Board of Directors of IJM Land (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Board, save for the Common Directors (as defined in the detailed announcement attached), has deliberated on the Proposed Privatisation and has agreed to present the Proposed Privatisation to the shareholders of IJM Land other than IJM for approval. Please refer to the attachment for the detailed announcement.

This announcement is dated 12 June 2014.



PARKSON - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced12 Jun 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoPH-140612-62208

Date of buy back12/06/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)1,070,000
Minimum price paid for each share purchased ($$)2.360
Maximum price paid for each share purchased ($$)2.360
Total consideration paid ($$)2,533,733.16
Number of shares purchased retained in treasury (units)1,070,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)52,173,386
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)4.77


BRIGHT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced12 Jun 2014  
CategoryGeneral Announcement
Reference NoOS-140612-63278

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionBRIGHT PACKAGING INDUSTRY BERHAD (“BRIGHT” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BRIGHT (EXCLUDING TREASURY SHARES) (“PROPOSED PRIVATE PLACEMENT”)

We refer to the announcements made on 10 June 2014 and 11 June 2014 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

   

On behalf of Bright, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 12 June 2014, approved the listing of and quotation for up to 18,756,000 new Bright Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

   

(i) Bright and TA Securities must fully comply with the relevant provisions under the Main Market Listing Requirements (“Listing Requirements”) pertaining to the implementation of the Proposed Private Placement;

   

(ii) Bright and TA Securities to inform Bursa Securities upon the completion of the Proposed Private Placement; and

   

(iii) Bright to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

   

This announcement is dated 12 June 2014.



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