August 7, 2014

Company announcements: DAYA, PETDAG

DAYA - OTHERS DAYA MATERIALS BERHAD (“DMB” OR “COMPANY”) MEMORANDUM OF AGREEMENT (“MOA”) BETWEEN DAYA VESSELS LIMITED (“DVL”), A SUBSIDIARY OF DAYA OCI SDN BHD (“DOCI”), WHICH IN TURN IS A SUBSIDIARY OF DAYA MATERIALS BERHAD (“DMB”) AND SBM INSTALLER S.A.R.L (“SBM”), FOR THE ACQUISITION OF A DIVING SUPPORT AND CONSTRUCTION VESSEL (“VESSEL”)

Announcement Type: General Announcement
Company NameDAYA MATERIALS BERHAD  
Stock Name DAYA  
Date Announced7 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140807-A9F95

TypeAnnouncement
SubjectOTHERS
DescriptionDAYA MATERIALS BERHAD (“DMB” OR “COMPANY”)


MEMORANDUM OF AGREEMENT (“MOA”) BETWEEN DAYA VESSELS LIMITED (“DVL”), A SUBSIDIARY OF DAYA OCI SDN BHD (“DOCI”), WHICH IN TURN IS A SUBSIDIARY OF DAYA MATERIALS BERHAD (“DMB”) AND SBM INSTALLER S.A.R.L (“SBM”), FOR THE ACQUISITION OF A DIVING SUPPORT AND CONSTRUCTION VESSEL (“VESSEL”)

Further to our announcement dated 16 December 2013 (“Announcement”) in which we announced that DVL, a 100% owned subsidiary of DOCI, which in turn is a 67% owned subsidiary of DMB, purportedly entered into a MOA with SBM in relation to the acquisition of the Vessel named the “SBM Installer” for a purchase consideration of United States Dollars One Hundred and Eighty Million (USD180,000,000), equivalent to approximately Ringgit Malaysia Five Hundred and Seventy Seven Million (RM577 million), the Board of Directors of DMB wishes to announce that DVL had through its solicitors, received a letter from SBM’s lawyers dated 6 August 2014 giving DVL notice that SBM has appointed its arbitrator in relation to all disputes arising out of and/or in connection with the MOA.

DVL is to appoint its arbitrator within 14 calendar days, failing which SBM shall take steps to appoint its nominated arbitrator as sole arbitrator.

DVL is seeking legal advice from its solicitors and the Company will make the necessary announcements as and when there are material developments in this case. At this juncture DVL has not received the details of SBM's claims and the Company is therefore not in the position to assess the impact of the arbitration on the operations and financial position of DVL, the Company and the group. In this regard, the Company will make the relevant announcement(s) in due course.

This announcement is dated 7 August 2014.



PETDAG - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NamePETRONAS DAGANGAN BHD  
Stock Name PETDAG  
Date Announced7 Aug 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoPD-140804-9BE0E

EX-date21/08/2014
Entitlement date25/08/2014
Entitlement time04:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionThe Board has declared a single tier interim dividend of 14 sen per ordinary share for the three (3) months ended 30 June 2014.
Period of interest payment to
Financial Year End31/12/2014
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn. Bhd.
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor
Tel : 03-7841 8000
Payment date 05/09/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers25/08/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.14


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