August 6, 2014

Company announcements: BSTEAD, TASCO, ECS, MEGB, IVORY, PELIKAN, AXIATA, PWORTH, HIGH5, TIENWAH

BSTEAD - OTHERS BOUSTEAD HOLDINGS BERHAD (“BHB” OR “COMPANY”) ACQUISITION OF 8,000,000 ORDINARY SHARES OF RM1.00 EACH (“SHARES”) IN PFC ENGINEERING SDN BHD ("PFCE") REPRESENTING 80% OF THE ISSUED AND PAID-UP CAPITAL OF PFCE FOR A TOTAL CASH CONSIDERATION OF RM20,000,000 (“ACQUISITION”)

Announcement Type: General Announcement
Company NameBOUSTEAD HOLDINGS BERHAD  
Stock Name BSTEAD  
Date Announced6 Aug 2014  
CategoryGeneral Announcement
Reference NoBH-140806-30537

TypeAnnouncement
SubjectOTHERS
DescriptionBOUSTEAD HOLDINGS BERHAD (“BHB” OR “COMPANY”)

ACQUISITION OF 8,000,000 ORDINARY SHARES OF RM1.00 EACH (“SHARES”) IN PFC ENGINEERING SDN BHD ("PFCE") REPRESENTING 80% OF THE ISSUED AND PAID-UP CAPITAL OF PFCE FOR A TOTAL CASH CONSIDERATION OF RM20,000,000 (“ACQUISITION”)

The Board of Directors of BHB wishes to announce that the Company has on 6 August 2014, entered into a conditional Shares Sale Agreement dated 6 August 2014 with the shareholders of PFCE (“Vendors”) in relation to the Acquisition.

   

Please refer to the attachment for details of the announcement.

   

This announcement is dated 6 August 2014.

 



TASCO - OTHERS TASCO BERHAD ("TASCO" or "Company") - Outstanding Related Party Receivables

Announcement Type: General Announcement
Company NameTASCO BERHAD  
Stock Name TASCO  
Date Announced6 Aug 2014  
CategoryGeneral Announcement
Reference NoCA-140806-47554

TypeAnnouncement
SubjectOTHERS
DescriptionTASCO BERHAD ("TASCO" or "Company")
- Outstanding Related Party Receivables

 

The Board of Directors of TASCO wishes to inform the status of the outstanding related party receivables as at 30 June 2014 as set out below:

 

 

No.

 

 

Total Outstanding Receivables

 

as at 30.06.2014

 

(RM)

 

 

Normal Credit Period

 

(60 – 90 days)

 

(RM)

 

 

Outstanding RRPT Receivables (Years)

 

(RM)

 

 

>90 days but < 1 year

 

> 1 – 3

 

> 3 – 5

 

> 5 – 10

 

> 10

 

1.

 

 

8,351,287

 

 

7,240,453

 

963,056

 

147,778

 

-

 

-

 

-

 

The related party receivables outstanding for more than 12 months were in relation to the transactions entered with the overseas agents of NYK and YUSEN Group for the international air freight and sea freight shipments. Due to the various operation complications and disputes in some of these shipments, the Group was delayed in settling the outstanding debts. The management will continue to follow up on the status of the case and will take appropriate action to recover the outstanding amounts.

 

The Group is expecting to recover the aforesaid related party receivables by 31 December 2014.

 

 

 

 



ECS - Quarterly rpt on consolidated results for the financial period ended 30/6/2014

Announcement Type: Financial Results
Company NameECS ICT BERHAD  
Stock Name ECS  
Date Announced6 Aug 2014  
CategoryFinancial Results
Reference NoCS-140805-31530

Financial Year End31/12/2014
Quarter2
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited

Attachments

ECS ICT Berhad Q2 2014.pdf
80 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
389,916
300,463
747,635
620,798
2Profit/(loss) before tax
10,324
7,535
17,000
16,339
3Profit/(loss) for the period
7,515
5,498
12,300
11,879
4Profit/(loss) attributable to ordinary equity holders of the parent
7,515
5,498
12,300
11,879
5Basic earnings/(loss) per share (Subunit)
4.20
3.10
6.80
6.60
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.1800
1.1400
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


MEGB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameMASTERSKILL EDUCATION GROUP BERHAD  
Stock Name MEGB  
Date Announced6 Aug 2014  
CategoryGeneral Announcement
Reference NoCM-140806-847C3

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionINTENTION TO DEAL BY DIRECTOR IN SECURITIES OF MASTERSKILL EDUCATION GROUP BERHAD ("MEGB" or "the Company") DURING CLOSED PERIOD

Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, MEGB wishes to announce that Mr. Siva Kumar A/L M Jeyapalan, a Non-Independent Executive Chairman of MEGB, intends to deal in the securities of MEGB during the closed period prior to the release of the Second Quarter results for the year of 2014.

The total number of securities held by Mr. Siva Kumar A/L M Jeyapalan as at 6 August 2014 is as follow:-

Type of shareholding

Number of Ordinary Shares of RM0.20 each in the Company

% of the Company's issued capital

Direct (1)

115,700,000

28.23

Total

115,700,000

28.23

(1) Shares held under Cimsec Nominees (Tempatan) Sdn Bhd. – CIMB for Siva Kumar A/L M Jeyapalan (PB).

This announcement is dated 6 August 2014.



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

Announcement Type: General Announcement
Company NameIVORY PROPERTIES GROUP BERHAD  
Stock Name IVORY  
Date Announced6 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140806-56535

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED ACQUISITION BY IVORY PLACE SDN BHD, A 65% OWNED SUBSIDIARY OF IVORY PROPERTIES GROUP BERHAD (“IVORY”), OF PROJECT ASSETS FROM PLAZA RAKYAT SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM400,000,000 ("PROPOSED ACQUISITION")

Kindly refer to the attached file for details of the announcement.



PELIKAN - Changes in Sub. S-hldr's Int. (29B) - Loo Hooi Keat

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePELIKAN INTERNATIONAL CORPORATION BERHAD  
Stock Name PELIKAN  
Date Announced6 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPI-140730-4CDED

Particulars of substantial Securities Holder

NameLoo Hooi Keat
Address14, Jalan SS19/4E,
Subang Jaya,
47500 Petaling Jaya,
Selangor Darul Ehsan.
NRIC/Passport No/Company No.550414-08-5945
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderLoo Hooi Keat and nominees companies
14, Jalan SS19/4E,
Subang Jaya, 47500 Petaling Jaya,
Selangor Darul Ehsan.
["LHK"]

PBS Office Supplies Holding Sdn Bhd and nominees companies
Lot 3410, Mukim Petaling,
Batu 12 , Jalan Puchong,
47100 Puchong, Selangor Darul Ehsan.
["PBS Office"]

Mahir Agresif (M) Sdn Bhd and nominees company
Lot 3410, Mukim Petaling,
Batu 12 , Jalan Puchong
47100 Puchong, Selangor Darul Ehsan.
["Mahir Agresif"]

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired01/08/2014
345,000
 
Acquired04/08/2014
295,000
 
Acquired05/08/2014
645,000
 
Acquired06/08/2014
271,000
 

Circumstances by reason of which change has occurredAcquisition of 1,556,000 shares (0.28%) by Loo Hooi Keat through Bursa Malaysia Securities Berhad.
Nature of interestDirect
Direct (units)53,037,923 
Direct (%)9.68 
Indirect/deemed interest (units)42,569,928 
Indirect/deemed interest (%)7.76 
Total no of securities after change95,607,851
Date of notice06/08/2014


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 Announced6 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-140806-6303F

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 (TEMPLETION)


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)
Acquired01/08/2014
764,900
 

Circumstances by reason of which change has occurredCitigroup EPF Board - Acquisition of 764,900 shares
Nature of interestDirect
Direct (units)1,112,934,606 
Direct (%)12.99 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,112,934,606
Date of notice04/08/2014

Remarks :
1) The total number of 1,112,934,606 ordinary shares comprised of the following:-



a) Citigroup EPF Board - 1,023,817,906
b) EPF Board - 3,332,900

c) Citigroup EPF Board (AMUNDI) - 2,881,250

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) - 2,500,000

i) Citigroup EPF Board (NOMURA) - 28,421,300
j) Citigroup EPF Board (CIMB PRI) - 16,456,925
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 6 August 2014



PWORTH - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NamePRICEWORTH INTERNATIONAL BERHAD  
Stock Name PWORTH  
Date Announced6 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140801-61009

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionPRICEWORTH INTERNATIONAL BERHAD ("PIB" OR THE "COMPANY")
(I) PROPOSED REDUCTION OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM0.10 EACH IN PIB PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED PAR VALUE REDUCTION");
(II) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PIB ("MA") TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED PAR VALUE REDUCTION ("PROPOSED MA AMENDMENT");
(III)PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARES OF BETA BUMI SDN BHD BY PIB ("PROPOSED ACQUISITION"); AND
(IV) PROPOSED ISSUANCE OF UNSECURED REDEEMABLE CONVERTIBLE NOTES ("RCN") WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM50.0 MILLION ("PROPOSED RCN ISSUE")
(COLLECTIVELY KNOWN AS THE "PROPOSALS")

We refer to the Company's announcements dated 1 April 2013, 4 April 2013, 7 August 2013, 2 September 2013, 9 September 2013, 6 November 2013, 21 November 2013, 25 November 2013, 28 November 2013, 23 December 2013, 6 March 2014, 18 March 2014, 25 March 2014, 28 March 2014, 7 April 2014 and 23 July 2014 in relation to the Proposed RCN Issue.

The Board of Directors of PIB is pleased to announce that the RCN of Tranche 2 Notes comprising of five (5) equal sub-tranches of RM400,000 each in an aggregate value of RM2.0 million have been issued on 6 August 2014.

This announcement is dated 6 August 2014.


HIGH5 - PN17 - SUSPENSION AND DE-LISTING

Announcement Type: Listing Circular
Company NameHIGH-5 CONGLOMERATE BERHAD  
Stock Name HIGH5  
Date Announced6 Aug 2014  
CategoryListing Circular
Reference NoCW-140806-53836

LISTING'S CIRCULAR NO. L/Q : 71205 OF 2014

Bursa Malaysia Securities Berhad ("Bursa Securities") has rejected High-5 Conglomerate Berhad's ("the Company") proposed regularisation plan.

In the circumstances and pursuant to paragraph 8.04(5) of the Bursa Securities Main Market Listing Requirements:-

(a) the trading in the securities of the Company will be suspended with effect from 14 August 2014; and

    (b) the securities of the Company will be de-listed on 10 September 2014 unless an appeal against the rejection of the regularisation plan and de-listing is submitted to Bursa Securities on or before 5 September 2014 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

    In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 10 September 2014 shall be deferred pending the decision on the Company’s appeal.

    With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

    Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

    Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.

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

    Announcement Type: General Announcement
    Company NameTIEN WAH PRESS HOLDINGS BERHAD  
    Stock Name TIENWAH  
    Date Announced6 Aug 2014  
    CategoryGeneral Announcement
    Reference NoCC-140806-61513

    TypeAnnouncement
    SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
    RELATED PARTY TRANSACTIONS
    DescriptionTIEN WAH PRESS HOLDINGS BERHAD (“TWPH” or the “Company”)
    Sale and Transfer of Gravure Printing Machine (“STGPM”)

    The Board of Directors of TWPH wishes to announce the STGPM from Anzpac Services (Australia) Pty Limited (ABN 25000032164) to Alliance Print Technologies Co., Ltd (463043000165) (“APT”) as part of its plans to re-organise the production footprint within the TWPH Group. Such re-organisation of production footprint is part of normal routine operational function to improve strategic positioning to service the customers and reduce operating cost over the longer term.

    Full details of the STGPM are set out in the attached announcement.

    Attachments

    TWPH - Bobst 820.pdf
    79 KB



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