July 23, 2014

Company announcements: HIBISCS, OLDTOWN, BPLANT, ICON, GPHAROS, LBS, MAXIS, PUNCAK

HIBISCS - Changes in Sub. S-hldr's Int. (29B) - Hibiscus Upstream Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced23 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140723-0BBA7

Particulars of substantial Securities Holder

NameHibiscus Upstream Sdn Bhd
AddressLevel 18 The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
NRIC/Passport No/Company No.834544-M
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.01 each
Name & address of registered holderHibiscus Upstream Sdn Bhd
Level 18 The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others18/07/2014
22,114,600
 

Description of other type of transactionExercise of Warrants-B
Circumstances by reason of which change has occurredExercise of Warrants-B
Nature of interestDirect
Direct (units)145,726,000 
Direct (%)21.38 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change145,726,000
Date of notice23/07/2014

Remarks :
Upon the exercise, the direct interest is as follows:-

(i) Hibiscus Upstream Sdn Bhd-106,726,000 shares

(ii) CIMSEC Nominees (Tempatan) Sdn Bhd-CIMB Bank for Hibiscus Upstream Sdn Bhd (MY 1928)-19,200,000 shares

(iii) MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd
-Pledged Securities Account for Hibiscus Upstream Sdn Bhd (MGN-HUS0001M)-19,800,000 shares

The Form 29B was received on 23 July 2014.


HIBISCS - Changes in Sub. S-hldr's Int. (29B) - Dr Kenneth Gerard Pereira

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced23 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140723-0BB9D

Particulars of substantial Securities Holder

NameDr Kenneth Gerard Pereira
Address34 Jalan 14/30
46100 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.580718-10-6431
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.01 each
Name & address of registered holderHibiscus Upstream Sdn Bhd
Level 18 The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others18/07/2014
22,114,600
 

Description of other type of transactionExercise of Warrants-B by Hibiscus Upstream Sdn Bhd, which he is deemed interested pursuant to Section 6A of the Companies Act, 1965
Circumstances by reason of which change has occurredExercise of Warrants-B by Hibiscus Upstream Sdn Bhd, which he is deemed interested pursuant to Section 6A of the Companies Act, 1965
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)145,726,000 
Indirect/deemed interest (%)21.38 
Total no of securities after change145,726,000
Date of notice23/07/2014

Remarks :
Upon the exercise, the indirect interest is as follows:-

(i) Hibiscus Upstream Sdn Bhd-106,726,000 shares

(ii) CIMSEC Nominees (Tempatan) Sdn Bhd-CIMB Bank for Hibiscus Upstream Sdn Bhd (MY 1928)-19,200,000 shares

(iii) MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd
-Pledged Securities Account for Hibiscus Upstream Sdn Bhd (MGN-HUS0001M)-19,800,000 shares

The Form 29B was received on 23 July 2014.


HIBISCS - Changes in Director's Interest (S135) - Dr Kenneth Gerard Pereira

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced23 Jul 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140723-0BB92

Information Compiled By KLSE

Particulars of Director

NameDr Kenneth Gerard Pereira
Address34 Jalan 14/30
46100 Petaling Jaya
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.01 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
18/07/2014
22,114,600
 

Description of other type of transactionExercise of Warrants-B by Hibiscus Upstream Sdn Bhd, which he is deemed interested pursuant to Section 6A of the Companies Act, 1965
Circumstances by reason of which change has occurredExercise of Warrants-B by Hibiscus Upstream Sdn Bhd, which he is deemed interested pursuant to Section 6A of the Companies Act, 1965
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)145,726,000 
Indirect/deemed interest (%)21.38 
Date of notice23/07/2014

Remarks :
This announcement is also to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Upon the exercise, the indirect interest is as follows:-

(i) Hibiscus Upstream Sdn Bhd-106,726,000 shares

(ii) CIMSEC Nominees (Tempatan) Sdn Bhd-CIMB Bank for Hibiscus Upstream Sdn Bhd (MY 1928)-19,200,000 shares

(iii) MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd
-Pledged Securities Account for Hibiscus Upstream Sdn Bhd (MGN-HUS0001M)-19,800,000 shares

The Notice of Director's Interest pursuant to Section 135 of the Companies Act, 1965 was received on 23 July 2014.


OLDTOWN - OTHERS OLDTOWN BERHAD (“OLDTOWN” OR “THE COMPANY”) - PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE AND PROPOSED NEW SHAREHOLDERS’ MANDATE FOR THE COMPANY AND/OR ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND - PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR THE AUTHORITY TO THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO TEN PER CENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL

Announcement Type: General Announcement
Company NameOLDTOWN BERHAD  
Stock Name OLDTOWN  
Date Announced23 Jul 2014  
CategoryGeneral Announcement
Reference NoCK-140723-38884

TypeAnnouncement
SubjectOTHERS
DescriptionOLDTOWN BERHAD (“OLDTOWN” OR “THE COMPANY”)
- PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE AND PROPOSED NEW SHAREHOLDERS’ MANDATE FOR THE COMPANY AND/OR ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND
- PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR THE AUTHORITY TO THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO TEN PER CENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL

The Company had at its Fifth Annual General Meeting held on 26 September 2013 obtained the authority from its shareholders to enable the Company and its subsidiaries (“Group”) to enter into recurrent related party transactions of a revenue or trading nature which are necessary for the Group’s day-to-day operations as well as for the Company to purchase its own shares of up to ten per cent (10%) of its issued and paid-up capital (“Shareholders’ Mandates”).

The Shareholders' Mandates will expire at the conclusion of the forthcoming Annual General Meeting (“AGM”) of the Company. The Company intends to seek its shareholders' approval for the proposed renewal of Shareholders’ Mandates at the Company's forthcoming AGM.

In addition thereto, the Board of Directors wishes to seek shareholders’ mandate for new recurrent related party transactions of a revenue or trading nature which are necessary for the Group’s day-to-day operations and are carried out in the ordinary course of business on normal commercial terms which are not detrimental to the minority shareholders of the Company.

A Circular to Shareholders on the aforementioned proposals will be despatched to the shareholders of Oldtown in due course.


This announcement is dated 23 July 2014.



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

Announcement Type: General Announcement
Company NameBOUSTEAD PLANTATIONS BERHAD  
Stock Name BPLANT  
Date Announced23 Jul 2014  
CategoryGeneral Announcement
Reference NoMI-140723-61076

TypeAnnouncement
SubjectOTHERS
DescriptionBOUSTEAD 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

Pursuant to Section 9(2) of the Capital Markets and Services Act 2007, Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, AFFIN Investment Bank Berhad, as the Stabilising Manager, has purchased the following BPB Shares:

Date of purchase

:

23 July 2014

Number of Shares purchased

:

900,000 BPB Shares

Price range of purchases

:

RM1.59 per BPB Share - RM1.60 per BPB Share

This announcement is dated 23 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

Announcement Type: General Announcement
Company NameICON OFFSHORE BERHAD  
Stock Name ICON  
Date Announced23 Jul 2014  
CategoryGeneral Announcement
Reference NoMI-140723-61649

TypeAnnouncement
SubjectOTHERS
DescriptionICON 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 : 23 July 2014

Number of Shares purchased : 817,300 Shares

Price range of purchases : RM1.83 per Share

A copy of Maybank IB’s letter dated 23 July 2014 relating to the above is attached herewith.

This announcement is dated 23 July 2014.



GPHAROS - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company NameGOLDEN PHAROS BERHAD  
Stock Name GPHAROS  
Date Announced23 Jul 2014  
CategoryGeneral Announcement
Reference NoCK-140722-21872

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionMONTHLY REPORTING OF PRODUCTION FIGURES (June 2014)

The Board of Directors of Golden Pharos Berhad is pleased to announce that the log production figure of the Group for the month of June 2014 was 5,394 hpt.

Note that "hpt" refers to hoppus tonne (64 c.f. tonne).



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

Announcement Type: General Announcement
Company NameLBS BINA GROUP BERHAD  
Stock Name LBS  
Date Announced23 Jul 2014  
CategoryGeneral Announcement
Reference NoLB-140723-64567

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED SUBSCRIPTION OF EQUITY INTERESTS IN VTI VINTAGE BERHAD

PROPOSED SUBSCRIPTION OF EQUITY INTERESTS IN VTI VINTAGE BERHAD

(The terms herein shall, unless the context otherwise requires, bear the same meaning as those defined in the announcement dated 17 February and 23 July 2014)


We refer to our earlier announcement dated 23 July 2014 in relation to the Proposed Subscription of Equity Interests in VTI Vintage Berhad (“VVB”).


We wish to highlight that the 8,000,000 Placement Shares and 4,000,000 Warrants subscribed will be listed and quoted on the Main Market of Bursa Malaysia at a later date.

This announcement is dated 23 July 2014.



MAXIS - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board ("EPF Board")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAXIS BERHAD  
Stock Name MAXIS  
Date Announced23 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMM-140723-CCC62

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board ("EPF Board")
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each in Maxis Berhad ("Maxis Shares")
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
EPF Board
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
- in respect of the acquisition of 119,900 Maxis Shares

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (CIMB PRI)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
- in respect of the acquisition of 849,300 Maxis Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/07/2014
969,200
 

Circumstances by reason of which change has occurredAcqusition
Nature of interestDirect and Indirect
Direct (units)479,896,200 
Direct (%)6.39 
Indirect/deemed interest (units)21,403,300 
Indirect/deemed interest (%)0.29 
Total no of securities after change501,299,500
Date of notice21/07/2014

Remarks :
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 21 July 2014 and received by the Company on 23 July 2014.

The registered holders of the 501,299,500 Maxis Shares are as follows:-

Directly held
1. Citigroup Nominees (Tempatan) Sdn Bhd
EPF Board
- in respect of 478,396,200 Maxis Shares

2. EPF Board
- in respect of 1,500,000 Maxis Shares

Held through nominee
3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (RHB INV)
- in respect of 1,000,000 Maxis Shares

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (AM INV)
- in respect of 1,782,600 Maxis Shares

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)
- in respect of 10,405,900 Maxis Shares

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (CIMB PRI)
- in respect of 7,314,800 Maxis Shares

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ARIM)
- in respect of 900,000 Maxis Shares


PUNCAK - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced23 Jul 2014  
CategoryGeneral Announcement
Reference NoPN-140723-24597

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")
UPDATE ON DEFAMATION SUIT BY SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") : KUALA LUMPUR HIGH COURT SUIT NO. S-23NCvC-4-2011 SYABAS VS TONY PUA KIAM WEE (THE "SUIT") - APPEAL TO THE FEDERAL COURT BY SYABAS

Reference is made to the Company's earlier announcements dated 11 February 2011, 14 February 2011, 28 March 2011, 28 April 2011, 11 May 2011, 20 May 2011, 20 June 2011, 30 June 2011, 26 August 2011, 29 November 2011, 13 December 2011, 21 December 2011, 24 February 2012, 26 March 2012, 8 May 2012, 29 May 2012, 6 June 2012, 5 July 2012, 25 July 2012, 9 August 2012, 12 December 2012, 5 February 2013, 19 February 2013, 27 March 2013, 4 April 2013, 22 April 2013, 22 May 2013, 25 July 2013, 23 October 2013, 21 November 2013, 18 March 2014 and 26 March 2014 in relation to the Suit.

The Company would like to update the Exchange that during the Case Management held on 22 July 2014, the Federal Court has fixed 7 January 2015 for Hearing of the appeal filed by SYABAS against the decision of the Court of Appeal dated 27 March 2013.

The Court of Appeal had on 27 March 2013 overturned the decision of the Kuala Lumpur High Court dated 6 June 2012 which had held Tony Pua Kiam Wee guilty of defaming SYABAS and had imposed the requirement to pay SYABAS the sum of RM200,000.00.

This announcement is dated 23 July 2014.

 


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