July 9, 2014

Company announcements: TA, HSPLANT, SOLID, BPLANT, GAMUDA, KPJ, INNO, AXIATA, TOPGLOV

TA - Changes in Sub. S-hldr's Int. (29B) - Datuk Tiah Thee Kian

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTA ENTERPRISE BERHAD  
Stock Name TA  
Date Announced9 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTE-140709-2E1BB

Particulars of substantial Securities Holder

NameDatuk Tiah Thee Kian
AddressNo. 44 Jalan Medang Tanduk, Taman Bukit Bandaraya, 59100 Kuala Lumpur
NRIC/Passport No/Company No.470901-01-5071
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderTASEC Nominees (Tempatan) Sdn Bhd
34th Floor, Menara TA One
22 Jalan P. Ramlee
50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/07/2014
3,399,000
0.944 

Circumstances by reason of which change has occurredAcquired from the open market
Nature of interestDirect
Direct (units)522,912,000 
Direct (%)30.55 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change522,912,000
Date of notice09/07/2014


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

Announcement Type: General Announcement
Company NameHAP SENG PLANTATIONS HOLDINGS BERHAD  
Stock Name HSPLANT  
Date Announced9 Jul 2014  
CategoryGeneral Announcement
Reference NoHS-140709-A1C02

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionPursuant to paragraph 9.36 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company is pleased to furnish below the production figures for the month of June 2014.

Fresh Fruit Bunches
(Tonnes)
Crude Palm Oil
(Tonnes)
Palm Kernel
(Tonnes)
Group
46,382
11,199
2,299


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

Announcement Type: General Announcement
Company NameSOLID AUTOMOTIVE BERHAD  
Stock Name SOLID  
Date Announced9 Jul 2014  
CategoryGeneral Announcement
Reference NoCS-140709-57835

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionProposed Acquisition of a 3-storey semi-detached factory office with postal address at Lot 27, Jalan Perusahaan 1, Pusat Industri Amari, Kawasan Perindustrian Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan (“The Property”) by Solid Corporation Sdn Bhd (Company No. 88187-A) (“SCSB”), a subsidiary of Solid Automotive Berhad (“SOLID” or “Company”) from Tan & Sons Development Sdn Bhd (Company No. 638383-W) (“Vendor” or “TSDSB”) and Hiap Lee Clay Pavers & Bricks Sdn Bhd (Company No. 2893-A) (“Proprietor” or “HLCPB”) for a cash consideration of RM7,168,300 (“Proposed Acquisition”)

  1. INTRODUCTION


The Board of Directors of Solid wishes to announce that its subsidiary company SCSB, had on 9 July 2014 entered into a Sale & Purchase Agreement (“Agreement”) for the Proposed Acquisition with TSDSB and HLCPB for a total cash consideration of RM7,168,300 (Ringgit Malaysia Seven Million One Hundred Sixty Eight Thousand and Three Hundred only) (“Purchase Consideration”).


HLCBP is the Proprietor and registered owner of the property and TSDSB is the Vendor and developer of the property.



  1. INFORMATION ON SCSB


SCSB was incorporated on 5 August 1982 in Malaysia under the Companies Act 1965 as a private limited company under the name Solid Agencies Sdn Bhd. It assumed its current name on 28 January 1983. The authorized share capital is RM5,000,000 comprising of 5,000,000 ordinary shares of RM1.00 each, of which RM4,650,903 comprising 4,650,903 ordinary shares of RM1.00 each have been fully paid up. SCSB’s principal activity is the trading and distribution of automotive electrical parts and components.



  1. DETAILS OF THE PROPOSED ACQUISITION


3.1 Details of the Property


a) Description: The property is a 3 storey semi-detached factory office building with postal address at Lot 27, Jalan Perusahaan 1, Pusat Industri Amari, Kawasan Perindustrian Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan.

b) Title Details: HS(D) 79442 PT 11320 Mukim Bandar Selayang, Daerah Gombak, Negeri Selangor Darul Ehsan.

c) Tenure: 99 year lease expiring 10 February 2113.

d) Land area: 818.32 square meters (approximately 8,808.32 square feet).

e) Built up area: Approximately 14,000 square feet.

f) Express Conditions: Light Industry.

g) Restrictions in Interest: The land can only be transferred, charged or mortgaged after consent from the State Authority.

h) Existing and Proposed Use: The property is a newly completed 3-storey semi-detached office factory building. Solid intends to use the building for its own warehouse and office.


3.2 Basis of arriving at the purchase consideration


The purchase consideration of RM7,168,300 million was arrived at on a willing-buyer willing-seller basis and free from all encumbrances.

 

3.3 Terms of Payment


SCSB shall pay the purchase consideration of RM7,168,300 in the following manner:


  1. RM716,800 representing 10% of the Purchase Consideration upon the execution of the Agreement; and

  2. RM6,451,470 representing 90% of the Purchase Consideration within 4 months from the date of receipt of the Consent to Transfer from the relevant State Authorities (which shall not be later than 6 months from the Agreement date).


3.4 Approvals Required


The Proposed Acquisition is not subject to shareholders’ approval. However, the Proposed Acquisition is subject to the Consent to Transfer from the relevant State Authorities.


3.5 Source of funding


The Purchase Consideration is to be funded from internally generated funds and /or bank borrowings


3.6 Encumbrances


The property is to be acquired free from any encumbrances.


3.7 Liabilities to be assumed


There are no liabilities to be assumed by Solid arising from this transaction.


 

  1. VALUATION REPORT


No valuation was carried out on the property as the Vendor is a property developer.



  1. RATIONALE FOR THE PROPOSED ACQUISITION


The property would be used for the business expansion of the Solid Group.

 


  1. FINANCIAL EFFECT OF THE PROPOSED ACQUISITION


  1. Share Capital and Major Shareholders


The Proposed Acquisition does not have any effect on the issued and paid up capital and the shareholdings of the major shareholders of the Company as it is entirely satisfied by cash.


    1. Earnings, Net Assets and Gearing


The Proposed Acquisition is not expected to have any material effect on the earnings, net assets and gearing of Solid.


 

  1. RISK FACTORS


The Board of Directors does not foresee any significant risk arising from the Proposed Acquisition.




  1. INTEREST OF DIRECTORS AND MAJOR SHAREHOLDERS AND PERSONS CONNECTED TO THEM


None of the Directors and /or major shareholders of Solid and person connected to them have any interest, direct or indirect, in the Proposed Acquisition.



  1. STATEMENT BY DIRECTORS


The Directors of Solid, after having considered all aspects of the Proposed Acquisition, are of the opinion that the Proposed Acquisition is in the best interest of the Solid Group.

 


  1. COMPLIANCE WITH SECURITIES COMMISSION GUIDELINES ON ISSUE / OFFER OF SECURITIES (“SC GUIDELINES”)


The Proposed Acquisition has not departed from any of the requirements of the SC Guidelines.



  1. PERCENTAGE RATIOS


The highest percentage ratio applicable pursuant to Paragraph 10.02 (g) of Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, based on the Unaudited Condensed Statement of Financial Position for the financial year ended 30 April 2013 as disclosed in the Prospectus of our company dated 19 August 2013, is 11.17%.



  1. ESTIMATED TIMEFRAME FOR THE COMPLETION OF THE PROPOSED ACQUISITION

Barring any unforeseen circumstances and subject to fulfilment of all the Conditions Precedent as set out in the Agreement, the Proposed Acquisition is expected to be completed within 1 year from the date of the Agremeent.


  1. DOCUMENTS FOR INSPECTION


A coy of the Agreement is available for inspection at the registered address of Solid at No. 157-A, Jalan Sri Pelangi, Taman Pelangi, 80400 Johor Bahru, Johor Darul Takzim from Mondays to Fridays (except public holidays) during normal business hours for a period not less than 3 months from the date of this announcement.



This announcement is dated 9 July 2014.





BPLANT - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Angkatan Tentera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBOUSTEAD PLANTATIONS BERHAD  
Stock Name BPLANT  
Date Announced9 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBP-140709-94E59

Particulars of substantial Securities Holder

NameLembaga Tabung Angkatan Tentera
AddressTingkat 10-12, Bangunan LTAT
Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.ACT101 1973
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderLembaga Tabung Angkatan Tentera
Tingkat 12, Bangunan LTAT
Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/06/2014
50,000
 
Acquired07/07/2014
50,000
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)100,000 
Direct (%)
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change168,571,700
Date of notice09/07/2014


GAMUDA - 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 NameGAMUDA BERHAD  
Stock Name GAMUDA  
Date Announced9 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-140709-29CC5

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
- EPF Board

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed04/07/2014
1,515,300
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect
Direct (units)156,130,505 
Direct (%)6.74 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change156,130,505
Date of notice07/07/2014

Remarks :
Notice was received on 9 July 2014.


KPJ - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameKPJ HEALTHCARE BERHAD  
Stock Name KPJ  
Date Announced9 Jul 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoJC-140709-226B9

Date of buy back09/07/2014
Description of shares purchasedOrdinary Shares of RM 0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)60,000
Minimum price paid for each share purchased ($$)3.500
Maximum price paid for each share purchased ($$)3.550
Total consideration paid ($$)
Number of shares purchased retained in treasury (units)
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)
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 (%)0.0058


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

Announcement Type: General Announcement
Company NameINNOPRISE PLANTATIONS BERHAD  
Stock Name INNO  
Date Announced9 Jul 2014  
CategoryGeneral Announcement
Reference NoCC-140707-58373

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionPRODUCTION FOR JUNE 2014

We are pleased to announce the production figures of the Group for June 2014 as follows:

PRODUCT

AMOUNT (Metric Tonnes)

FFB

9,383

This announcement is dated 9 July 2014.



AXIATA - Changes in Sub. S-hldr's Int. (29B) - Khazanah Nasional Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced9 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-140708-F2E59

Particulars of substantial Securities Holder

NameKhazanah Nasional Berhad
AddressLevel 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur
NRIC/Passport No/Company No.275505-K
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderKhazanah Nasional Berhad, Level 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Transferred02/07/2014
68,300
 
Transferred02/07/2014
102,000
 
Transferred03/07/2014
25,200
 
Transferred03/07/2014
2,496,600
 
Transferred04/07/2014
43,200
 

Circumstances by reason of which change has occurredTransfer of 136,700 Ordinary shares of RM1.00 each in Axiata Group Berhad ("Axiata Shares") from Khazanah Nasional Berhad ("Khazanah") to Axiata's employees via CIMSEC Nominees (Tempatan) Sdn Bhd ("CIMSEC Nominees") in connection with Axiata ESOS^

Transfer of 2,598,600 Axiata Shares from Axiata's employees to Khazanah via CIMSEC Nominees in connection with Axiata ESOS^





^The transfer of Axiata Shares to Axiata's employees is made in accordance with the Selling Flexibility Arrangement under the Axiata ESOS to facilitate the immediate sale of Axiata Shares by Axiata's employees who have exercised their Axiata ESOS options under this arrangement. Taking into consideration the transfer of shares/return of such number of shares, Khazanah is deemed to have an interest (pursuant to Section 6A of the Companies Act, 1965) in 400,000 Axiata Shares (which is already reflected in Khazanah's indirect/deemed interest disclosed below), being the outstanding number of Axiata Shares to be returned to Khazanah under the Selling Flexibility Arrangement
Nature of interestDirect & Indirect
Direct (units)3,238,919,155 
Direct (%)37.8 
Indirect/deemed interest (units)84,415,540 
Indirect/deemed interest (%)0.99 
Total no of securities after change3,323,334,695
Date of notice08/07/2014

Remarks :
Form 29B received on 8 July 2014


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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced9 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-140708-2DBB8

Particulars of substantial Securities Holder

NameEmployees Provident Fund 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 RM1.00 each
Name & address of registered holder1) Employees Provident Fund Board ("EPF Board")

Ibu Pejabat KWSP, Bangunan KWSP

Jalan Raja Laut, 50350 Kuala Lumpur



2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board

3) Citigroup EPF Board (AMUNDI)

4) Citigroup EPF Board (KIB)

5) Citigroup EPF Board (HDBS)

6) Citigroup EPF Board (RHB INV)

7) Citigroup EPF Board (AM INV)

8) Citigroup EPF Board (MAYBAN)

9) Citigroup EPF Board (NOMURA)

10) Citigroup EPF Board (CIMB PRI)

11) Citigroup EPF Board (ARIM)

12) Citigroup EPF Board (TEMPLETON)

13) Citigroup EPF Board (ABERDEEN)



Level 42, Menara Citibank

165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/07/2014
2,988,900
 
Acquired03/07/2014
39,100
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 2,988,900 shares
2. Citigroup EPF Board (HDBS) - Acquisition of 39,100 shares
Nature of interestDirect
Direct (units)1,095,658,806 
Direct (%)12.79 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,095,658,806
Date of notice04/07/2014

Remarks :
1) The total number of 1,095,658,806 ordinary shares comprised of the following:-



a) Citigroup EPF Board - 1,004,359,706
b) EPF Board - 3,332,900

c) Citigroup EPF Board (AMUNDI) - 3,881,250

d) Citigroup EPF Board (KIB) - 600,000

e) Citigroup EPF Board (HDBS) - 12,493,475

f) Citigroup EPF Board (RHB INV) - 3,055,000

g) Citigroup EPF Board (AM INV) - 6,122,650

h) Citigroup EPF Board (MAYBAN) - 2,650,000

i) Citigroup EPF Board (NOMURA) - 28,421,300
j) Citigroup EPF Board (CIMB PRI) - 17,489,325
k) Citigroup EPF Board (ARIM) - 2,800,000

l) Citigroup EPF Board (TEMPLETON) - 4,303,200

m) Citigroup EPF Board (ABERDEEN) - 6,150,000



2) Form 29B received on 8 July 2014


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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced9 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-140708-23D1B

Particulars of substantial Securities Holder

NameEmployees Provident Fund 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 RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
for Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang
50450, Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/07/2014
150,300
 

Circumstances by reason of which change has occurredAcquisition of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Nature of interestDirect Interest
Direct (units)36,796,973 
Direct (%)5.9289 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change36,796,973
Date of notice07/07/2014

Remarks :
The total number of 36,796,973 Ordinary Shares of RM0.50 each are held through the following holders:
1) 27,167,273 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;
2) 1,500,000 Ordinary Shares are registered in the name of Employees Provident Fund Board;
3) 802,700 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (KIB);
4) 6,877,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (CIMB PRI); and
5) 450,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (ARIM).

Top Glove Corporation Bhd received the Form 29B on 9 July 2014.


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