August 11, 2014

Company announcements: IRCB, KLK, AFG, RVIEW, UMCCA, HAPSENG, YNHPROP, BJCORP, GBH

IRCB - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced11 Aug 2014  
CategoryChange in Principal Officer
Reference NoCC-140811-59171

Date of change11/08/2014
NameKoong Chin Fun
Age36
NationalityMalaysian
DesignationChief Financial Officer
Type of changeResignation
ReasonDue to health reason
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsProfessional Degree of Finance/Accountancy/Banking
- Chartered Institute of Management Accountant

Advanced/Higher/Graduate Diploma of Finance/Accountancy/Banking
- Chartered Institute of Management Accountant
Working experience and occupation October 2011 - Present
Finance Manager - Integrated Rubber Corporation Berhad

2011
Senior Accountant - Earth-Movers Group of Companies (Solomon Island)

2008-2011
Accountant - Opcom Holdings Berhad

2006-2008
Finance Officer/Management Accounting - London Rebuilding Society (UK)
Family relationship with any director and/or major shareholder of the listed issuerNo
Any conflict of interests that he/she has with the listed issuer or its subsidiariesNo
Details of any interest in the securities of the listed issuer or its subsidiariesNo

Remarks :
This announcement is dated 11 August 2014.


KLK - OTHERS SCHEDULE FOR RELEASE OF 3RD QUARTER RESULTS

Announcement Type: General Announcement
Company NameKUALA LUMPUR KEPONG BERHAD  
Stock Name KLK  
Date Announced11 Aug 2014  
CategoryGeneral Announcement
Reference NoKL-140722-8F61B

TypeAnnouncement
SubjectOTHERS
DescriptionSCHEDULE FOR RELEASE OF 3RD QUARTER RESULTS

We wish to advise that the 3rd Quarter Results (April to June 2014) of the KLK Group are scheduled for release on Wednesday, 20 August 2014.



AFG - 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 NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced11 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAF-140811-C9EFB

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 holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Disposal of 204,100 shares)
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)
Disposed06/08/2014
204,100
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect Interest
Direct (units)215,771,740 
Direct (%)13.94 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change215,771,740
Date of notice07/08/2014

Remarks :
The Form 29B dated 7 August 2014 was received on 11 August 2014.


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

Announcement Type: Financial Results
Company NameRIVERVIEW RUBBER ESTATES BERHAD  
Stock Name RVIEW  
Date Announced11 Aug 2014  
CategoryFinancial Results
Reference NoCP-140811-55816

Financial Year End31/12/2014
Quarter2
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited
  • 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
7,895
5,545
16,097
11,168
2Profit/(loss) before tax
3,784
1,174
7,725
2,804
3Profit/(loss) for the period
2,729
734
5,767
1,777
4Profit/(loss) attributable to ordinary equity holders of the parent
2,159
739
4,818
1,698
5Basic earnings/(loss) per share (Subunit)
3.33
1.14
7.43
2.62
6Proposed/Declared dividend per share (Subunit)
10.00
10.00
10.00
10.00


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 ($$)
4.5200
4.5600
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


UMCCA - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameUNITED MALACCA BERHAD  
Stock Name UMCCA  
Date Announced11 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoUM-140811-54310

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries - 29,841,250 shares
10 Queen's Terrace
Aberdeen, AB10 1YG,
Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/08/2014
12,600
 

Circumstances by reason of which change has occurredAcquisition by Aberdeen

MUFG is deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen.
Nature of interestDeemed interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)12,600 
Indirect/deemed interest (%)0.006 
Total no of securities after change29,841,250
Date of notice08/08/2014

Remarks :
Received notice on 11 August 2014


UMCCA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameUNITED MALACCA BERHAD  
Stock Name UMCCA  
Date Announced11 Aug 2014  
CategoryGeneral Announcement
Reference NoUM-140811-32057

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionThe Company has received a notification from Ms. Lai Swee Kee, the Chief Financial Officer on 8 August 2014 that she has disposed of the following ordinary shares in United Malacca Berhad. Further details are as follows:-

Ms. Lai Swee Kee

Date of dealing
Consideration for the dealing (RM per share)
No. of shares disposed of
% of issued share capital
4 August 2014
RM7.25
2,000
0.0009
7 August 2014
RM7.2467
3,000
0.0014
8 August 2014
RM7.25
1,100
0.0005


HAPSENG - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company NameHAP SENG CONSOLIDATED BERHAD  
Stock Name HAPSENG  
Date Announced11 Aug 2014  
CategoryNotice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Reference NoHS-140811-3AA11

Date of transaction11/08/2014
CurrencyMalaysian Ringgit (MYR)
Total number of treasury shares sold (units)11,445,000 
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$)3.490 
Maximum price paid for each share sold ($$)3.510 
Total amount received for treasury shares sold ($$)40,095,175.23 
Cumulative net outstanding treasury shares as at to-date (units)171,612,200 
Adjusted issued capital after cancellation/resale
(no. of shares) (units)

Remarks :
cc: Securities Commission


YNHPROP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced11 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140811-FCF20

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionYNH Property Bhd. ("YNH" or "the Company")
- Dealings in Securities by Directors During Closed Period

The Company wishes to inform Bursa Malaysia Securities Berhad (Bursa Securities) that pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Securities, the following Directors had given notices informing the Company in relation to their dealing in the securities of YNH. The details are as follows:

Dato' Dr Yu Kuan Chon
Date of transaction: 11 August 2014
Number of ordinary shares acquired: 420,000 (Direct interest)
Percentage of change against issued capital of YNH: 0.10 (Direct interest)
Consideration : not applicable

Dato' Yu Kuan Huat
Date of transaction: 11 August 2014
Number of ordinary shares acquired: 420,000 (Deemed interest through Dato' Dr Yu Kuan Chon)
Percentage of change against issued capital of YNH: 0.10 (Deemed interest)
Consideration: not applicable

This announcement is dated 11 August 2014.



BJCORP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameBERJAYA CORPORATION BERHAD  
Stock Name BJCORP  
Date Announced11 Aug 2014  
CategoryGeneral Announcement
Reference NoBC-140811-430B1

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealings in the securities of the Company by Dato' Zurainah Binti Musa, an Executive Director of the Company as set out in the table below.

Deemed Interest held through Indah Pusaka Sdn Bhd

- 0% Irredeemable Convertible Unsecured Loan Stocks 2005/2015 of RM0.50 nominal value each ("0%-ICULS")

Date of Acquisition

Price Per 0%-ICULS (RM)

No. of 0%-ICULS

% of 0%-ICULS

7.8.2014

0.2787

53,300

0.008

8.8.2014

0.2750

100,000

0.016



GBH - OTHERS PROPOSED PROVISION OF FINANCIAL ASSISTANCE BY GBH TO GLOBALMARINER OFFSHORE SERVICES SDN BHD (“GMOS”), A 35% OWNED ASSOCIATED COMPANY OF EKSPRESI TEPAT SDN BHD (“ETSB”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Announcement Type: General Announcement
Company NameGOH BAN HUAT BERHAD  
Stock Name GBH  
Date Announced11 Aug 2014  
CategoryGeneral Announcement
Reference NoCQ-140806-30D6A

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED PROVISION OF FINANCIAL ASSISTANCE BY GBH TO GLOBALMARINER OFFSHORE SERVICES SDN BHD (“GMOS”), A 35% OWNED ASSOCIATED COMPANY OF EKSPRESI TEPAT SDN BHD (“ETSB”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

1. INTRODUCTION

 

The Board of Directors of GBH wishes to announce that the Company proposes to obtain shareholders’ approval on the Proposed Provision of Financial Assistance to GMOS, a 35% owned associated company of ETSB (“Proposed Provision of Financial Assistance”). 

2. PROPOSED PROVISION OF FINANCIAL ASSISTANCE

Pursuant to Paragraph 8.23(1) of the Listing Requirements, the provision of advances by a listed issuer or its unlisted subsidiaries in favour of the subsidiaries or associated companies of the listed issuer, the listed issuer (in the case of the subsidiaries providing the financial assistance) or its immediate holding company which is listed, is deemed to be a provision of financial assistance.

Further to the above, pursuant to Paragraph 8.23(2)(c) of the Listing Requirements, where the provision of financial assistance is to an associated company, and the aggregate amount provided or to be provided at any time to each associated company compared to the net tangible assets (“NTA”) of the Company is equal to or exceeds 5%, the listed issuer must issue a circular to its shareholders and seek its shareholders’ approval in general meeting of such provision of financial assistance.

In this respect, the details of the financial assistance to be provided by GBH in favour of GMOS, an associated company of ETSB, are as follows:

Details

Financial Assistance

Amount

Provided by

Provided to

RM

% *

Proposed Provision of Financial Assistance

Estimated aggregate amount of advances to GMOS and its subsidiaries/associates (including Floatech (L) Limited (“Floatech”) in relation to Floatech’s working capital and capital expenditure requirements for the Floating Production Storage and Offloading (“FPSO”) conversion

 

GBH Group, including ETSB

 

 

 

 

 

GMOS and its subsidiaries/ associates (including Floatech)

 

 

Up to

20,000,000

 

 

 

 

 

10.40%

 

 

 

 

 

 

Note:-

* Percentage of financial assistance valued against latest audited consolidated NTA of GBH as at 31 December 2013 of approximately RM192.3 million.

In light of the above and pursuant to Paragraph 8.23(2)(c) of the Listing Requirements, as the aggregate value of the Proposed Provision of Financial Assistance will exceed 5% of GBH’s latest audited consolidated NTA as at 31 December 2013, the Proposed Provision of Financial Assistance is subject to the Company’s shareholders’ approval at an Extraordinary General Meeting to be convened.

3. BACKGROUND INFORMATION OF GMOS

GMOS is a private limited company incorporated in Malaysia under the Companies Act, 1965 on 25 March 2008. It’s registered office is at Level 16, Menara Tokio Marine Life, 189 Jalan Tun Razak, 50400 Kuala Lumpur. GMOS is principally engaged in the business of providing Consulting and Management Services specializing in FPSO and Offshore Marine Services.

As at 31 July 2014, the authorised share capital of GMOS is RM10,000,000 comprising 10,000,000 ordinary shares of RM1.00 each. The issued and paid-up capital is RM10,000,000 comprising 10,000,000 ordinary shares of RM1.00 each. The shareholders of GMOS and their respective shareholdings as at 31 July 2014 are as follows: 

Shareholders

Shareholdings

No. of Ordinary Shares

Percentage

Zahar Mohd Hashim bin Zainuddin

3,000,000

30%

Dynac Sdn Bhd

3,500,000

35%

ETSB

3,500,000

35%

 

The Directors of GMOS are Dato’ Abdul Rahman Bin Mohamed Shariff, Zahar Mohd Hashim bin Zainuddin and Tang Tat Chun.

4. FINANCIAL EFFECT OF THE PROPOSED PROVISION OF FINANCIAL ASSISTANCE

The Proposed Provision of Financial Assistance is not expected to have any material effect to the earnings per share, net assets per share, gearing and share capital of GBH. 

 5. DIRECTORS’ AND MAJOR SHARHEOLDERS’ INTEREST

None of the Directors and/or major shareholders of GBH and/or persons connected (as defined in the Listing Requirements) with such Directors or major shareholders of GBH have any interest, direct or indirect, in the Proposed Provision of Financial Assistance. 

6. STATEMENT BY DIRECTORS

The Board, having considered all aspects of the Proposed Provision of Financial Assistance, is of the opinion that the Proposed Provision of Financial Assistance is in the best interests of the Company. They are also of the opinion that the Proposed Provision of Financial Assistance is fair and reasonable to GBH and is not expected to be detrimental to GBH and its shareholders.

This announcement is dated 11 August 2014.

 

 

 


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