CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE CHINA 25 |
| Stock Name | CIMBC25 |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | OB-140710-62568 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 25 Date: 10-Jul-2014 NAV per unit (RM): 0.9872 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: 16,500.91 |
AMPROP - MULTIPLE PROPOSALS
| Company Name | AMCORP PROPERTIES BERHAD |
| Stock Name | AMPROP |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | MB-140709-43708 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | AMCORP PROPERTIES BERHAD (“AMPROP” OR THE “COMPANY”) (I) PROPOSED BONUS ISSUE OF UP TO 297,867,868 NEW FIVE (5)-YEAR REDEEMABLE CONVERTIBLE PREFERENCE SHARES (“RCPS”) TO BE ISSUED AT THE PAR VALUE OF RM0.50 EACH IN AMPROP ON THE BASIS OF ONE (1) RCPS FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN AMPROP (“SHARES”) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER; (II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF AMPROP FROM RM500 MILLION COMPRISING ONE (1) BILLION SHARES TO RM600 MILLION COMPRISING 900 MILLION SHARES AND 300 MILLION RCPS OF RM0.50 EACH; AND (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF AMPROP TO FACILITATE THE ISSUANCE OF THE RCPS AND THE PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
Unless otherwise stated, all definitions used in this announcement shall carry the same meanings as those defined in the announcements dated 22 May 2014 and 8 July 2014 in relation to the Proposals. | |
DRBHCOM - OTHERS DRB-HICOM BERHAD (“DRB-HICOM OR COMPANY”) PROPOSED DISPOSAL OF APPROXIMATELY 51% EQUITY INTEREST IN SCOTT & ENGLISH TRADING (SARAWAK) SDN BHD (“SET”) BY SCOTT & ENGLISH (MALAYSIA) SDN BHD (“SEM”) TO SHINLINE CORPORATION SDN BHD (“SHINLINE”) (“PROPOSED DISPOSAL”)
| Company Name | DRB-HICOM BERHAD |
| Stock Name | DRBHCOM |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | DD-140710-45315 |
| Type | Announcement | ||||||||||||
| Subject | OTHERS | ||||||||||||
| Description | DRB-HICOM BERHAD (“DRB-HICOM OR COMPANY”) PROPOSED DISPOSAL OF APPROXIMATELY 51% EQUITY INTEREST IN SCOTT & ENGLISH TRADING (SARAWAK) SDN BHD (“SET”) BY SCOTT & ENGLISH (MALAYSIA) SDN BHD (“SEM”) TO SHINLINE CORPORATION SDN BHD (“SHINLINE”) (“PROPOSED DISPOSAL”) | ||||||||||||
1. INTRODUCTION Pursuant to paragraph 9.19(24) of Bursa Malaysia Securities Berhad’s Main Market Listing Requirement (“Bursa MMLR”), DRB-HICOM wishes to announce that its subsidiary company, SEM has on 10 July 2014 entered into a shares sale agreement (“SSA”) with Shinline for the proposed disposal of its entire 636,481 ordinary shares of RM1.00 each representing approximately 51% equity interest in SET (“Sale Shares”) for a total cash consideration of RM648,892.38 (“Proposed Disposal”). The Proposed Disposal was completed on the even date. SEM is a 70%-owned subsidiary company of HICOM Holdings Berhad which is in turn an effectively wholly-owned subsidiary company of DRB-HICOM. 2. INFORMATION ON SET SET was incorporated on 8 August 2002 and is principally involved in trading of heavy machinery and equipment, spare parts and electrical appliances. The authorised share capital of SET is RM5,000,000.00 comprising 5,000,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of SET is RM1,248,002.00 comprising 1,248,002 ordinary shares of RM1.00 each. The current shareholding structure of SET is as follows:
SEM was incorporated on 23 May 1970 and is principally involved in importation, distribution and servicing of industrial, marine and engineering products. The authorised share capital of SEM is RM60,000,000.00 comprising 60,000,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of SEM is RM34,970,000.00 comprising 34,970,000 ordinary shares of RM1.00 each. 4. INFORMATION ON SHINLINE Shinline was incorporated on 28 July 2004 and is an investment holding company. The authorised share capital of Shinline is RM100,000 comprising 100,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of Shinline is RM100,000 comprising 100,000 ordinary shares of RM1.00 each. Shinline is a related company of Shin Yang and a wholly-owned subsidiary company of Shin Yang Shipping Corporation Berhad. 5. DETAILS OF THE SALE CONSIDERATION The total sale consideration of RM648,892.38 (“Total Sale Consideration”) was arrived at after taking into consideration the net assets values of SET as at 31 December 2013 and the proposed dividend payment at RM1.94 per share prior to the Proposed Disposal. The total consideration has been fully paid on the date of the execution of the SSA. The proceeds from the Proposed Disposal will be utilised entirely for working capital in SEM. 6. RATIONALE OF THE PROPOSED DISPOSAL The Proposed Disposal is in line with DRB-HICOM group’s (“the Group”) intention to streamline the Group’s businesses and investments by divesting its investments in the non-core businesses. In addition, the Proposed Disposal will enable the Group to utilise the necessary funds as working capital for its business operation under the Group. 7. FINANCIAL EFFECTS FROM THE PROPOSED DISPOSAL 7.1 Share capital and substantial shareholders’ shareholding The Proposed Disposal will not have any effect on the share capital and the substantial shareholders’ shareholdings of DRB-HICOM. 7.2 Net assets, earnings and gearing The Proposed Disposal is not expected to have any material impact on the net assets, earning and gearing of the Group. 8. LIABILITIES, INCLUDING CONTINGENT LIABILITIES AND GUARANTEES TO BE ASSUMED There will be no liabilities, including contingent liabilities and guarantees to be assumed by SEM arising from the Proposed Disposal. 9. INTEREST OF DIRECTORS AND/OR MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED AND STATEMENT BY THE BOARD OF DIRECTORS None of the Directors, major shareholders and/or persons connected with them has any interest, direct or indirect, in the Proposed Disposal. 10. DIRECTORS’ STATEMENT The Board of Directors of DRB-HICOM, after having considered all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interest of the Company. 11. DOCUMENT AVAILABLE FOR INSPECTION The SSA dated 10 July 2014 is available for inspection at the registered office of DRB-HICOM at Level 5, Wisma DRB-HICOM, No. 2 Jalan Usahawan U1/8, Seksyen U1, 40150 Shah Alam, Selangor Darul Ehsan during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 10 July 2014. | |||||||||||||
ICAP - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | ICAPITAL.BIZ BERHAD |
| Stock Name | ICAP |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | CK-140709-89BF1 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | On behalf of the Board of icapital.biz Berhad, we wish to announce that the Net Asset Value per share of icapital.biz Berhad as at 9 July 2014 was RM3.07. |
AFFIN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | AFFIN HOLDINGS BERHAD |
| Stock Name | AFFIN |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | MI-140709-40340 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | AFFIN HOLDINGS BERHAD (“AFFIN”) RM1.00 EACH IN AFFIN (“RIGHTS SHARE(S)”) ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD AS AT 5.00 P.M. ON 12 JUNE 2014 AT AN ISSUE PRICE OF RM2.76 PER RIGHTS SHARE (“RIGHTS ISSUE”) |
Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the announcement dated 10 March 2014. We refer to the announcements dated 10 March 2014, 27 March 2014, 21 April 2014, 23 May 2014, 29 May 2014, 12 June 2014, 2 July 2014 and 9 July 2014. On behalf of the Board, AFFIN Investment is pleased to announce that the Rights Issue is completed following the listing of and quotation for 448,372,741 Rights Shares on the Main Market of Bursa Malaysia Securities Berhad on 10 July 2014.
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HIBISCS - Changes in Sub. S-hldr's Int. (29B) - Roushan Arumugam
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 10 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140710-F4D12 |
Particulars of substantial Securities Holder
| Name | Roushan Arumugam |
| Address | 5 Balmeg Hill, #05-03 The Peak @ Balmeg Singapore 119913 |
| NRIC/Passport No/Company No. | 711213-10-5895 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.01 each |
| Name & address of registered holder | Littleton Holdings Pte Ltd 50 Raffles Place #13-05 Singapore Land Tower Singapore 048623 |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 07/07/2014 | 11,000,000 |
| Remarks : |
| The Form 29B was received by the Company on 10 July 2014. |
HIBISCS - Changes in Sub. S-hldr's Int. (29B) - Littleton Holdings Pte Ltd
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 10 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140710-58246 |
Particulars of substantial Securities Holder
| Name | Littleton Holdings Pte Ltd |
| Address | 50 Raffles Place #13-05 Singapore Land Tower Singapore 048623 |
| NRIC/Passport No/Company No. | 201103262D |
| Nationality/Country of incorporation | Incorporated in Singapore |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.01 each |
| Name & address of registered holder | Littleton Holdings Pte Ltd 50 Raffles Place #13-05 Singapore Land Tower Singapore 048623 |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 07/07/2014 | 11,000,000 |
| Remarks : |
| The Form 29B was received by the Company on 10 July 2014. |
SUNWAY - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | SS-140709-58253 |
| Type | Announcement | |||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||
| Description | SUNWAY BERHAD ("SUNWAY") - NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES | |||||||||||||||
Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Yap Chin Leong, a Principal Officer of Sunway, has given notice of his dealing in the securities of Sunway outside the closed period, details as set out in the Table below.
This announcement is dated 10 July 2014.
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PESTECH - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):BONUS ISSUES
| Company Name | PESTECH INTERNATIONAL BERHAD |
| Stock Name | PESTECH |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | OI-140709-34224 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | PESTECH INTERNATIONAL BERHAD (“PESTECH” OR “COMPANY”) BONUS ISSUE OF 65,648,066 NEW ORDINARY SHARES OF RM0.50 EACH IN PESTECH (“PESTECH SHARES”) (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY THREE (3) EXISTING PESTECH SHARES HELD BY THE ENTITLED SHAREHOLDERS OF PESTECH AS AT 5.00 P.M. ON 10 JULY 2014 (“BONUS ISSUE”) |
(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 14 May 2014, 15 May 2014, 21 May 2014, 22 May 2014, 23 May 2014 and 26 June 2014 in relation to the Bonus Issue ("Announcements")) We refer to the Announcements in relation to the Bonus Issue. On behalf of the Board, Bank Islam wishes to announce that the exact number of Bonus Shares to be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on 11 July 2014 is 65,648,066 Bonus Shares. This announcement is dated 10 July 2014. | |
ICON - OTHERS ICON OFFSHORE BERHAD (“ICON”) STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES OF RM0.50 EACH IN ICON (“SHARES”) IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
| Company Name | ICON OFFSHORE BERHAD |
| Stock Name | ICON |
| Date Announced | 10 Jul 2014 |
| Category | General Announcement |
| Reference No | MI-140710-61902 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ICON OFFSHORE BERHAD (“ICON”) STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES OF RM0.50 EACH IN ICON (“SHARES”) IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD |
We refer to the above subject matter. Pursuant to Section 9(2) of the Capital Markets and Services Act 2007, Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, Maybank Investment Bank Berhad (“Maybank IB”), as the Stabilising Manager, has purchased the following Shares: Date of purchase : 10 July 2014 Number of Shares purchased : 2,929,000 Shares Price of purchases : RM1.85 per Share A copy of Maybank IB’s letter dated 10 July 2014 relating to the above is attached herewith. This announcement is dated 10 July 2014. | |
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