TSH - OTHERS TSH Resources Berhad "TSH" or "the Company") Proposed Acquisition of a new subsidiary
| Company Name | TSH RESOURCES BERHAD |
| Stock Name | TSH |
| Date Announced | 14 Jul 2014 |
| Category | General Announcement |
| Reference No | TR-140711-37298 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TSH Resources Berhad "TSH" or "the Company") Proposed Acquisition of a new subsidiary |
1. Introduction Pursuant to the requirements of Paragraph 9.19(23) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of TSH wishes to announce that the Company had on 14 July 2014 entered into a Share Sale Agreement to acquire 2 ordinary shares of RM1.00 each, representing the entire issued and paid-up share capital in Icon Field Ventures Sdn. Bhd. (“Icon”) for a total purchase consideration of USD7,650,000 (approximately RM24,480,000 based on an exchange rate of USD1.00 for RM3.20) from Wingate Consolidation Limited (“Wingate”) (“Proposed Acquisition”). 2. Details of the Proposed Acquisition Icon is a private limited company, incorporated in Malaysia on 9 June 2014 with an issued and paid-up share capital of RM2.00 comprising 2 ordinary shares of RM1.00 each. Icon shall enter into a sale and purchase agreement with PT Tirta Agung Selaras and PT Teguh Aman Sentosa to purchase 90% of the entire share capital of PT Prima Usaha Sukses (“PT PUS”). PT PUS has obtained the Ijin Lokasi for approximately 9,000 hectares of land located at Desa Telok, Petak Puti, Tewang Panjang, Tumbang Lahang, Tura, Tumbang Tanjung Kecamatan Katingan Tengah and Desa Geragu, Tumbang Tungku, Tewang Karangan, Dahian Tunggal, Tumbang Lawang, Tumbang Banjang Kecamatan Pulau Malan Kabupaten Katingan Provinsi Kalimantan Tengah (“Land”). In addition, PT PUS has obtained the necessary licence to develop the Land into oil palm plantation. The Land is located within close proximity to the Company’s existing estate in PT Mitra Jaya Cemerlang with accessibility and good infrastructure and near to river for the transport of commodity. 3. Conditions precedent to the Proposed Acquisition The Proposed Acquisition is subject to the fulfillment of certain conditions precedent, inter-alia:- a) the approval of the Indonesian Investment Co-ordinating Board (“BKPM”) for the conversion of PT PUS into a company with Penanaman Modal Asing (“PMA”) status; b) Icon becomes the beneficial owner of 90% of the entire share capital in PT PUS; c) a satisfactory results of the legal and financial due diligence exercise on Icon and PT PUS; d) Wingate has complied with all requirements of their constitution and/or requirements of the relevant law in relation to the transfer of the sale shares; and e) such other approvals from any other relevant bodies, persons, courts, authorities or regulatory bodies as may be necessary for the completion of the sale and purchase of the sale shares. 4. Basis of consideration The purchase consideration of USD7,650,000 was arrived at on a willing-buyer, willing-seller basis after taking into consideration the value of the Land held by PT PUS with an estimated area of 9,000 hectares. The purchase consideration will be financed through internal resources. The Company will acquire the shares free from all charges, liens, pledges and other encumbrances and with all rights, benefits and entitlements attached thereto. 5. Effects of the Proposed Acquisition The Proposed Acquisition will not have any effect on the share capital and shareholdings structure of TSH. Further, the Proposed Acquisition will not have any material impact on the net asset and earnings of the TSH Group for the financial year ending 2014. However, the Proposed Acquisition is expected to improve the future earnings of the TSH Group resulting from the development of the plantation land in the future. 6. Rationale for the Proposed Acquisition The Proposed Acquisition would enable TSH to further increase its oil palm plantation areas in Indonesia. 7. Directors’ and substantial shareholders’ interest None of the Directors or substantial shareholders of TSH or any person connected to the Directors and substantial shareholders has any interest, direct or indirect, in the Proposed Acquisition. This announcement is dated 14 July 2014. | |
TSH - OTHERS TSH Resources Berhad ("TSH" or "the Company") Non-fulfilment of certain conditions precedent in relation to the Proposed Acquisition of 300,000 ordinary shares of RM1.00 each in Sg Kalabakan Estate Sdn. Bhd. (“Proposed Acquisition”)
| Company Name | TSH RESOURCES BERHAD |
| Stock Name | TSH |
| Date Announced | 14 Jul 2014 |
| Category | General Announcement |
| Reference No | TR-140711-38257 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TSH Resources Berhad ("TSH" or "the Company") Non-fulfilment of certain conditions precedent in relation to the Proposed Acquisition of 300,000 ordinary shares of RM1.00 each in Sg Kalabakan Estate Sdn. Bhd. (“Proposed Acquisition”) |
We refer to our announcement dated 6 December 2013 (“Earlier Announcement”). Unless otherwise stated, all defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcement. The Board of Directors of TSH (“the Board”) wishes to announce that the SSA dated 6 December 2013 had automatically lapsed following the non-fulfilment of certain conditions precedent on or before the extended Conditional Period (as defined in the SSA) of 5 July 2014. These conditions precedent relate to the non-receipt of the relevant written consents and/or documents. Pursuant to Clause 4.7 of the SSA, the SSA shall be of no further effect whereupon RASB shall within 14 days therefrom refund the earnest deposit of RM3,000,000 free of any interest whatsoever and balance deposit of RM12,000,000 together with all interest accrued thereon to TSH. Thereafter the parties shall be released from all further obligations to each other. No material financial impact on the net assets and earnings of the TSH Group. This announcement is dated 14 July 2014.
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KPSCB - Changes in Director's Interest (S135) - Koh Poh Seng (Amended Announcement)
| Company Name | KPS CONSORTIUM BERHAD |
| Stock Name | KPSCB |
| Date Announced | 14 Jul 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | KC-140714-E8E06 |
Information Compiled By KLSE
Particulars of Director
| Name | Koh Poh Seng |
| Address | No.34, Jalan Hujan Gerimis Dua, Taman Overseas Union, 58200 Kuala Lumpur |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 Each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 44,800 | 0.520 |
| Circumstances by reason of which change has occurred | Acquired in open market. |
| Nature of interest | |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 62,709,725 |
| Direct (%) | 42.42 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 14/07/2014 |
| Remarks : |
| This announcement is served pursuant to Paragraph 14.09 of Chapter 14 of the Main Market Listing Requirements. |
KPSCB - Changes in Sub. S-hldr's Int. (29B) - Koh Poh Seng (Amended Announcement)
| Company Name | KPS CONSORTIUM BERHAD |
| Stock Name | KPSCB |
| Date Announced | 14 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | KC-140714-E8DFB |
Particulars of substantial Securities Holder
| Name | Koh Poh Seng |
| Address | No.34, Jalan Hujan Gerimis Dua, Taman Overseas Union, 58200 Kuala Lumpur |
| NRIC/Passport No/Company No. | 561105-08-6569 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 Each |
| Name & address of registered holder | Koh Poh Seng, No.34, Jalan Hujan Gerimis Dua, Taman Overseas Union, 58200 Kuala Lumpur; Amsec Nominees (Tempatan) Sdn Bhd, 15th Floor, Bangunan Ambank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur; Alliance Group Nominees (Tempatan) Sdn Bhd, Menara Multi-Purpose Capital Square, 5 Jalan Munshi Abdullah, 50100 Kuala Lumpur; Public Nominees (Tempatan) Sdn Bhd, Menara Public Bank, 148 Jalan Ampang, 50450 Kuala Lumpur; Citicorp Nominees (Tempatan) Sdn Bhd, Level 16, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur; OSK Nominees (Tempatan) Sdn Bhd, 10th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur; AIBB Nominees (Tempatan) Sdn Bhd, Level 17, Menara Multi-Purpose Capital Square 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 11/07/2014 | 44,800 | 0.520 |
PARAGON - Change in Boardroom
| Company Name | PARAGON UNION BERHAD |
| Stock Name | PARAGON |
| Date Announced | 14 Jul 2014 |
| Category | Change in Boardroom |
| Reference No | CC-140714-40560 |
| Date of change | 14/07/2014 |
| Name | Toh Hong Wooi |
| Age | 54 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Executive Director |
| New Position | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Qualifications | 1. Masters in Business Administration, Institute of Finance and Management Studies (England) 2. BA Urban Planning Studies, University of Westminster, London (England) |
| Working experience and occupation | Mr. Toh Hong Wooi has more than 20 years of working experience in both international consulting and corporate sectors. He has been involved in strategy services, business planning and development, development planning, real estate, hospitality and tourism consulting. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
WCT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | WCT HOLDINGS BERHAD |
| Stock Name | WCT |
| Date Announced | 14 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | WW-140714-0C306 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPFACT1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (86,701,210 Shares) Employees Provident Fund Board (1,722,125 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(HDBS)(6,285,395 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) (3,600,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (5,777,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (940,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (7,101,950 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,200,000 Shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 09/07/2014 | 174,100 |
| Remarks : |
| Form 29B dated 10 July 2014 was received on 14 July 2014. |
TECNIC - Changes in Sub. S-hldr's Int. (29B) - DATO' GAN KIM HUAT
| Company Name | TECNIC GROUP BERHAD |
| Stock Name | TECNIC |
| Date Announced | 14 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CV-140714-742E6 |
Particulars of substantial Securities Holder
| Name | DATO' GAN KIM HUAT |
| Address | S-5-3A, SURIA STONOR, NO. 2, LORONG STONOR, 50450 KUALA LUMPUR. |
| NRIC/Passport No/Company No. | 471215-01-5439 |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM1.00 EACH |
| Name & address of registered holder | SAME AS ABOVE |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 10/07/2014 | 49,000 | 3.900 |
| Remarks : |
| * Indirect Interest (15,637,357) – 7,602,357 (held by Zenith Highlight Sdn. Bhd. (ZHSB)) – 8,035,000 (held by Graceful Assessment Sdn. Bhd. (GASB)) (Deemed interest by virtue of my substantial shareholding in ZHSB and GASB). NOTICE RECEIVED ON 14/07/2014. |
YOKO - Changes in Sub. S-hldr's Int. (29B) - Yong Mian Thong
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 14 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140714-87614 |
Particulars of substantial Securities Holder
| Name | Yong Mian Thong |
| Address | 23, Jalan Hujan Rahmat Satu Taman Overseas Union 58200 Kuala Lumpur |
| NRIC/Passport No/Company No. | 530420-10-5713 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0-50 each |
| Name & address of registered holder | Yong Mian Thong (Disposed - 15,000 shares) 23, Jalan Hujan Rahmat Satu Taman Overseas Union 58200 Kuala Lumpur Deemed Interest HSG Investments Pte Ltd ("HSGI") 15 Scotts Road #04-01/03 Thong Teck Building Singapore 22821 |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 11/07/2014 | 15,000 | 1.448 |
| Remarks : |
| Dr. Yong Mian Thong's deemed interest in the Company by virtue of his shareholders in Spei Holdings Private Limited which in turn is a substantial shareholder of Hup Soon Global Corporation Limited of which HSGI is a wholly owned subsidiary pursuant to Section 6A of the Companies Act 1965. The Secretary of the Company received the Form 29B dated 11 July 2014 today, 14 July 2014. |
YOKO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 14 Jul 2014 |
| Category | General Announcement |
| Reference No | CC-140714-8760E |
| Type | Announcement | ||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||
| Description | We wish to announce that Dr. Yong Mian Thong, a director of Yokohama Industries Berhad ("the Company") has disposed 15,000 shares of the Company outside closed period pursuant to Chapter 14.09 of Bursa Malaysia's Main Market Listing Requirements on Dealings in Listed Securities. The details are set out as below: | ||||||||||
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YOKO - Changes in Director's Interest (S135) - Yong Mian Thong
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 14 Jul 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140714-87600 |
Information Compiled By KLSE
Particulars of Director
| Name | Yong Mian Thong |
| Address | 23, Jalan Hujan Rahmat Satu Taman Overseas Union 58200 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) |
Disposed | 15,000 | 1.448 |
| Circumstances by reason of which change has occurred | Disposal |
| Nature of interest | Direct Interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 73,000 |
| Direct (%) | 0.09 |
| Indirect/deemed interest (units) | 53,025,118 |
| Indirect/deemed interest (%) | 62.17 |
| Date of notice | 11/07/2014 |
| Remarks : |
| Direct Interest:- - Yong Mian Thong - 73,000 shares Deemed Interest:- - HSG Investments Pte Ltd - 53,025,118 shares |
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