June 13, 2014

Company announcements: MYEG, SIME, BIMB, LIIHEN, LIONFIB, MAHSING, FRB, LBALUM

MYEG - OTHERS MY E.G. SERVICES BERHAD (“MYEG” OR THE “COMPANY”) - Shah Alam High Court Suit (No. 22 NCVC-267-05/2014) - Writ Summons and Statement of Claim served on MYEG by GST Smart Solutions Sdn Bhd, Loo Chee How and Teoh Chee Hooi

Announcement Type: General Announcement
Company NameMY E.G. SERVICES BERHAD  
Stock Name MYEG  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140613-67298

TypeAnnouncement
SubjectOTHERS
DescriptionMY E.G. SERVICES BERHAD (“MYEG” OR THE “COMPANY”)
- Shah Alam High Court Suit (No. 22 NCVC-267-05/2014)
- Writ Summons and Statement of Claim served on MYEG by GST Smart Solutions Sdn Bhd, Loo Chee How and Teoh Chee Hooi

 

 

 

1. Introduction

 

The Board of Directors (“Board”) of MYEG wishes to announce that MYEG had on 12 June 2014 been served a Writ of Summons dated 30 May 2014 and Statement of Claim dated 19 May 2014 against MYEG, Jason Chan Ling Khee and Wong Thean Soon (collectively referred to as the “Defendants”) by the solicitors of GST Smart Solutions Sdn Bhd, Loo Chee How and Teoh Chee Hooi (collectively referred to as the “Plaintiffs”).

 

2. The particulars of the claim under the Writ of Summons.

The Plaintiffs claims are made up of the following:-

i. a declaration that the Second Plaintiff and the Third Plaintiff are the official designers for the Point of Sale – GST Automatic Tax Reporting System (“ARTS”) and there is a violation from Method of Automated Reporting of Point-of-Sale Tax Collection under a Secured Environment (“MARTC”) to Point of Sale – GST Automatic Tax Reporting System (“ARTS”);

ii. an order that the Defendants are required to withdraw the application for the patent MY PI2010005962 application;

iii. an injunction that the Defendants and / or its Directors, its Officers, Employees, service providers and/or agent or otherwise howsoever are required to stop and / or prohibited from entering any patent application and the same or any similar with ARTS;

iv. an injunction that the defendant and / or its Directors, its Officers, Employees, service providers and/or agent or otherwise howsoever are required to stop and/ or prohibited for using MARTC and any device in which will be the opening the same and similar to the ARTS;

v. an order that the Defendants and / or its Directors, its Officers, Employees, service providers and/or agent or otherwise howsoever are required to surrender and submit to the Plaintiffs all materials and documents and records and product-related by the Defendants which is in breach of the patent of ATRS;

vi. an investigation into the loss by collision or alternatively, at the choice of the Plaintiff an account of profit which is obtained by the Defendants from the said breach;

vii. interest of any amount in item (vi) above at the rate of 5% per annum from 14.12.2010 until full payment;

viii.Cost;

ix. other reliefs deemed fit may deem just and expedient as the Court deems fit.

 

 

3. The details of the default or circumstances leading to the filing of the Writ of Summons against the Defendants


The filing of the Writ of Summons is a result of the allegation that Plaintiffs are the original designers for the ARTS system.

 

4. The financial and operational impact of the Writ of Summons on MYEG Group

At the date of announcement, there is no material financial and operational impact of the Writ of Summons on the Group.

5. The expected losses, if any, arising from the Writ of Summons.

At the date of announcement , the Company does not expect any material losses to be incurred arising from the Writ of Summons.

6. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons.

The Board of MYEG has instructed its solicitors to review the writ of summons and statement of claim in detail and advice of the next course of action in due course. The Company intends to enter an appearance and to lodge a defence against the claim. The Company will announce further development on the above matter as and when necessary.

This announcement is dated 13 June 2013.

 



SIME - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameSIME DARBY BERHAD  
Stock Name SIME  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoSD-140613-62840

TypeAnnouncement
SubjectMATERIAL LITIGATION
Description1. KL High Court Civil Suit No. D-22NCC-2379-2010 (“O&G Suit”)
2. KL High Court Civil Suit No. D-22NCC-2391-2010 (“Bakun Suit”)

Further to the announcements dated 23 December 2010, 24 December 2010, 14 March 2011, 21 March 2011, 27 May 2011, 15 July 2011, 25 July 2011, 15 December 2011, 13 January 2012 and 3 August 2012, Sime Darby Berhad (the Company) wishes to announce that on 13 June 2014, all the Defendants in each of the O&G Suit and the Bakun Suit consented to judgment being recorded on the following terms:

1. With respect to the O&G Suit, (a) Judgment be entered for the Plaintiffs in respect of the claims as set out in Prayers (1), (2), (3), (4), (5), (6), (7), (8) and (9) of the Statement of Claim dated 23rd December 2010; (b) the amount of damages in respect of these claims are to be assessed by the Registrar of the High Court except for the matters pleaded with respect to Incobliss Consulting Sdn Bhd, and thereupon that final Judgment be entered for the Plaintiffs for the assessed amounts with costs; (c) the Plaintiffs shall be permitted to levy execution upon any such final judgment or otherwise enforce the same against any of the Defendants only upon the Plaintiffs recovering all claims from the respective employers for the Qatar Petroleum Project and the Maersk Oil Qatar Project and the proceeds of sale of the derrick lay barge in regards to the Marine Project or after the expiry of three (3) years from the date when final judgment for the assessed amount is entered, whichever is the earlier; and (d) the Parties be at liberty to apply; and

2. With respect to the Bakun Suit, (a) Judgment be entered for the Plaintiffs in respect of the claims as set out in Prayers (1), (2), (3), (4), (7), (8) and (9) of the Statement of Claim dated 24th December 2010; (b) the amount of damages in respect of these claims are to be assessed by the Registrar of the High Court and thereupon that final judgment be entered against the Defendants for the assessed amounts with costs; (c) the Plaintiffs shall be permitted to levy execution upon any such final judgment or otherwise enforce the same against any of the Defendants only upon The Malaysia-China Hydro Joint Venture receiving all that is due and payable as full settlement from Sarawak Hidro Sdn Bhd or the Ministry of Finance and/or an assignee or successor in title thereof in relation to the Bakun Project or after the expiry of three (3) years from the date when final judgment for the assessed amount is entered, whichever is the earlier; and (d) the Parties shall be at liberty to apply.

This announcement is dated 13 June 2014.



BIMB - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBIMB HOLDINGS BERHAD  
Stock Name BIMB  
Date Announced13 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBH-140613-7B68F

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak, Peti Surat 11025, 50732 Kuala Lumpur.
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each.
Name & address of registered holderLembaga Tabung Haji of 201, Jalan Tun Razak, Peti Surat No. 11025, 50400 Kuala Lumpur.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/06/2014
516,400
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Direct (units)814,963,800 
Direct (%)54.57 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change814,963,800
Date of notice12/06/2014

Remarks :
Form 29B received on 13 June 2014.


LIIHEN - OTHERS Fire Incident (3 April 2014)

Announcement Type: General Announcement
Company NameLII HEN INDUSTRIES BHD.  
Stock Name LIIHEN  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140613-46844

TypeAnnouncement
SubjectOTHERS
DescriptionFire Incident (3 April 2014)
As follow up to the announcements made on 4 April 2014, 7 April 2014 and 26 May 2014 pertaining to the fire incident on 3 April 2014 night at the premises of Lii Hen Furniture Sdn Bhd ("LHF") situated at Plo 43, Bukit Pasir Industrial Area, 84300 Muar, Johor Darul Takzim, the Board of Directors of Lii Hen Industries Bhd ("the Company") wishes to announce that LHF has received a letter from the Ibu Pejabat, Jabatan Bomba Dan Penyelamat Malaysia of Negeri Johor ("the Jabatan") confirming that the said incident is an accidental fire, as stated in the Report on Cause of Fire (LPK 1) issued by the Jabatan.
The estimated loss arising from the said fire is about RM6.30 million that comprises of loss on inventories and restoration costs on factory buildings, plant, machinery and other equipment.

The outcome of LHF's fire damage claim is in the final stage of finalisation and the first interim payment for fire damage claim of RM1.80 million as announced on 26 May 2014 has been duly received by LHF.

The Board of Directors of the Company will continue to update on material developments for the above incident.


LIONFIB - Changes in Sub. S-hldr's Int. (29B) - TAN SRI CHENG YONG KIM

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLION FOREST INDUSTRIES BERHAD  
Stock Name LIONFIB  
Date Announced13 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoLF-140612-947D4

Particulars of substantial Securities Holder

NameTAN SRI CHENG YONG KIM
Address1103 Apartment Desa Kudalari, Lorong Kuda, Jalan Tun Razak, 50450 Kuala Lumpur
NRIC/Passport No/Company No.500202-66-5029
Nationality/Country of incorporationPermanent Resident in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderLion Holdings Private Limited
10 Arumugam Road #10-00
Lion Building A
Singapore 409957

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/06/2014
1,864
 

Circumstances by reason of which change has occurredBy virtue of Section 6A(4)(c).
Consequent upon the increase of Tan Sri Cheng Yong Kim's interest in the shares in Lion Holding Private Limited ("LHPL") to more than 15% on 6 June 2014 pursuant to an internal restructuring exercise, Tan Sri Cheng deemed to be interested in the ordinary shares in Lion Forest Industries Berhad held by LHPL.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change172,426,951
Date of notice12/06/2014


LIONFIB - Changes in Sub. S-hldr's Int. (29B) - TAN SRI CHENG HENG JEM

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLION FOREST INDUSTRIES BERHAD  
Stock Name LIONFIB  
Date Announced13 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoLF-140612-55321

Particulars of substantial Securities Holder

NameTAN SRI CHENG HENG JEM
AddressA-16-1, Blok A, Satu Residensi, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur
NRIC/Passport No/Company No.430319-71-5033
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderLion Holdings Private Limited
10 Arumugam Road #10-00
Lion Building A
Singapore 409957

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/06/2014
1,864
 

Circumstances by reason of which change has occurredBy virtue of Section 6A(4)(c).
Consequent upon the cessation of Tan Sri Cheng Heng Jem deemed interest in the shares in Lion Holdings Private Limited ("LHPL") on 6 June 2014 pursuant to an internal restructuring exercise, Tan Sri Cheng Heng Jem ceased to be interested in the ordinary shares in Lion Forest Industries Berhad held by LHPL.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change174,725,380
Date of notice12/06/2014


MAHSING - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoMS-140613-73349

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director and Principal Officers have given their notices of dealings in the securities of Mah Sing Group Berhad as detailed hereunder:

Name

Description of Securities

Date of Transaction

Type of Transaction

Average Price per Share

No. of Shares

% of Issued Share Capital

Dato’ Lim Kiu Hock(Director)

Ordinary shares of RM0.50 each

11.06.2014

Exercise of ESOS options

RM1.24

992,300

0.069

Lim Bee Hock

(Principal Officer)

Ordinary shares of RM0.50 each

11.06.2014

Exercise of ESOS options

RM1.24

661,479

0.046

Teh Heng Chong

(Principal Officer)

Ordinary shares of RM0.50 each

11.06.2014

Exercise of ESOS options

RM1.24

562,257

0.039

Tang Seng Mun

(Principal Officer)

Ordinary shares of RM0.50 each

11.06.2014

Exercise of ESOS options

RM1.44

104,000

0.007

Ng Heng Phai

(Principal Officer)

Ordinary shares of RM0.50 each

12.06.2014

Disposal

RM2.29

300,000

0.021

This announcement is dated 13 June 2014.



MAHSING - Changes in Director's Interest (S135) - Dato' Lim Kiu Hock

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced13 Jun 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoMS-140613-7DED9

Information Compiled By KLSE

Particulars of Director

NameDato' Lim Kiu Hock
AddressPenthouse Suite 1, Wisma Mah Sing, No. 163, Jalan Sungai Besi, 57100 Kuala Lumpur
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
11/06/2014
992,300
 

Circumstances by reason of which change has occurredExercise of options under Employees' Share Option Scheme
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,592,300 
Direct (%)0.111 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice13/06/2014


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

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoOS-140613-61218

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionFORMIS RESOURCES BERHAD ("FRB" OR THE "COMPANY") - CONDITIONAL SHARE SALE AGREEMENT IN RELATION TO THE PROPOSED DISPOSAL OF SUBSIDIARIES ("PROPOSED DISPOSAL")

Further to the announcement dated 12 June 2014 in relation to the Proposed Disposal, Inter-Pacific Securities Sdn Bhd, on behalf of the Company, wishes to announce that in respect of the working capital of up to RM7.6 million proposed to be utilised from the proceeds arising from the Proposed Disposal, the estimated breakdown of the amount for the respective working capital items has yet to be determined by FRB at this juncture.

This announcement is dated 13 June 2014.


LBALUM - Changes in Sub. S-hldr's Int. (29B) - LEOW KENG SOON

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLB ALUMINIUM BERHAD  
Stock Name LBALUM  
Date Announced13 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140613-79BD1

Particulars of substantial Securities Holder

NameLEOW KENG SOON
AddressNo. 7 Lorong Senyum Matahari,
C, Country Heights, 43000 Kajang, Selangor D.E.
NRIC/Passport No/Company No.480123-10-5407
Nationality/Country of incorporationMalaysian Chinese
Descriptions (Class & nominal value)ordinary shares of RM0.50 each
Name & address of registered holderLEOW KENG SOON
No. 7 Lorong Senyum Matahari,
C, Country Heights, 43000 Kajang, Selangor D.E.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/06/2014
700,300
0.702 
Disposed12/06/2014
244,700
0.714 

Circumstances by reason of which change has occurredDisposal of 945,000 shares in the open market
Nature of interestdirect
Direct (units)15,900,000 
Direct (%)6.398 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change15,900,000
Date of notice13/06/2014


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