August 27, 2014

Company announcements: OLDTOWN, ARMADA, DSONIC, CAP, PELIKAN, PARKSON, SSTEEL, HLBANK

OLDTOWN - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameOLDTOWN BERHAD  
Stock Name OLDTOWN  
Date Announced27 Aug 2014  
CategoryChange Of Company Secretary
Reference NoCK-140825-37745

Date of change27/08/2014
Type of changeAppointment
DesignationJoint Secretary
License no.MAICSA 7030358
NameTan Ley Theng
Working experience and occupation during past 5 years


OLDTOWN - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameOLDTOWN BERHAD  
Stock Name OLDTOWN  
Date Announced27 Aug 2014  
CategoryChange Of Company Secretary
Reference NoCK-140825-37654

Date of change27/08/2014
Type of changeResignation
DesignationJoint Secretary
License no.MAICSA 0810287
NameChan Chee Kheong
Working experience and occupation during past 5 years


ARMADA - 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 NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced27 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBA-140827-83E65

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 RM0.20 each in Bumi Armada Berhad ("BAB Shares")
Name & address of registered holderEmployees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (AMUNDI)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KIB)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (HDBS)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (MAYBAN)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (KAF FM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (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)
Acquired22/08/2014
1,632,000
 
Disposed22/08/2014
1,756,400
 

Circumstances by reason of which change has occurredAcquisition of 1,632,000 BAB Shares registered under Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (KAF FM).

Disposal of 1,756,400 BAB Shares registered under Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (AMUNDI).
Nature of interestDirect
Direct (units)248,985,600 
Direct (%)8.49 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change248,985,600
Date of notice25/08/2014

Remarks :
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 25 August 2014 received by the Company on 27 August 2014.

The registered holders of the 248,985,600 BAB Shares are as follows:

1. Employees Provident Fund Board
- in respect of 1,500,000 BAB Shares

2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
- in respect of 202,001,300 BAB Shares

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (KIB)
- in respect of 780,000 BAB Shares

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (HDBS)
- in respect of 12,890,300 BAB Shares

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (MAYBAN)
- in respect of 4,100,000 BAB Shares

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (KAF FM)
- in respect of 3,264,000 BAB Shares

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)
- in respect of 18,550,000 BAB Shares

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ARIM)
- in respect of 900,000 BAB Shares

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ABERDEEN)
- in respect of 5,000,000 BAB Shares


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

Announcement Type: General Announcement
Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoMI-140826-58448

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionBUMI ARMADA BERHAD (“BUMI ARMADA” OR “COMPANY”)

I. BONUS ISSUE OF UP TO 1,479,238,150 NEW ORDINARY SHARES OF RM0.20 EACH IN BUMI ARMADA (“SHARES”) (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF BUMI ARMADA, ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“ENTITLEMENT DATE”) (“BONUS ISSUE”); AND

II. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,479,238,150 NEW SHARES (“RIGHTS SHARES”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF BUMI ARMADA, ON THE ENTITLEMENT DATE (“RIGHTS ISSUE”)

We refer to the announcements dated 23 May 2014, 28 May 2014, 2 June 2014, 12 June 2014, 20 June 2014 and 8 July 2014 in relation to, among others, the Rights Issue.

On behalf of the Board of Directors of Bumi Armada ("Board"), Maybank Investment Bank Berhad ("Maybank IB") and CIMB Investment Bank Berhad ("CIMB") wish to announce that the issue price of the Rights Shares has been fixed at RM1.35 per Rights Share ("Issue Price").

The Issue Price was jointly determined by the Board and the joint underwriters for the Rights Issue, namely CIMB, Credit Suisse Securities (Malaysia) Sdn Bhd, Maybank IB, UBS Securities Malaysia Sdn Bhd, RHB Investment Bank Berhad and AmInvestment Bank Berhad, on 26 August 2014, after taking into consideration, among others, the following:

(i) the funding requirements of Bumi Armada and its subsidiaries;

(ii) the prevailing market price of the Shares;

(iii) the theoretical ex-all price ("TEAP") of RM1.98 per Share (after the Bonus Issue and the Rights Issue), based on the five (5)-day volume-weighted average market price ("VWAMP") of the Shares up to and including 25 August 2014, being the last trading day before the price-fixing date of the Rights Shares on 26 August 2014, of RM3.29; and

(iv) the prevailing market conditions.

The Issue Price represents a discount of approximately 32.0% to the TEAP of RM1.98 per Share as set out in item (iii) above.

The Board is of the opinion that the discount of approximately 32.0% to the TEAP is reasonably attractive to the entitled shareholders of Bumi Armada to subscribe for the Rights Shares. This discount to the TEAP is also generally in line with the market discount rates for major rights issue exercises implemented in Malaysia over the last five (5) years.

Based on the Issue Price, the Rights Issue is expected to raise gross proceeds of up to RM1,997.0 million.

This Announcement is dated 27 August 2014.

Distribution of this Announcement into jurisdictions other than Malaysia may be restricted by law. Persons who come into possession of this Announcement should inform themselves of and observe any such restrictions. This Announcement is not for release, publication or distribution, directly or indirectly, in or into the United States of America ("U.S." or "United States"), Canada or Japan.

This Announcement is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale or purchase of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended ("U.S. Securities Act") or the laws of any state or jurisdiction of the United States, and may not be offered or sold within the United States, absent registration or an exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. There is no intention to register any portion of the Rights Shares or any securities described herein in the United States or to conduct a public offering of securities in the United States.



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

Announcement Type: General Announcement
Company NameDATASONIC GROUP BERHAD  
Stock Name DSONIC  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoDG-140827-2FA87

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to Paragraph 14.08(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director has notified on the change of his direct interest in the securities of the Company, details as set out in the table below:-

Name

Name of Registered Holder

Date of Acquisition

Number of Ordinary Shares of RM0.10 each acquired

Price per share (RM)

Percentage of Issued shares acquired (%)

Balance of shares

Dato’ Wan Mohd Safiain Bin Wan Hasan

AllianceGroup Nominees (Tempatan) Sdn Bhd pledged securities account for Dato’ Wan Mohd Safiain Bin Wan Hasan

27.08.2014

25,000

1.83

0.0019

1,375,000



CAP - OTHERS Memorandum of Understanding between China Automobile Parts Holdings Limited and Protev Asia Limited

Announcement Type: General Announcement
Company NameCHINA AUTOMOBILE PARTS HOLDINGS LIMITED  
Stock Name CAP  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140827-61309

TypeAnnouncement
SubjectOTHERS
DescriptionMemorandum of Understanding between China Automobile Parts Holdings Limited and Protev Asia Limited

The Board of Directors of China Automobile Parts Holdings Limited (“CAP” or the “Company”) wishes to announce that the Company had on 27 August 2014 entered into a Memorandum of Understanding (“MOU”) with Protev Asia Limited ("Protev Asia").

Protev Asia, which is affiliated to Projektarbelt Technische Beratung Venretung International GmbH of Germany, has more than 30 years of business relationships with the renowned automobile companies in Europe such as Mercedes Benz, BMW, Scania, Audi and others.

The objective of the MOU is to record the intention to form an alliance with Protev Asia to jointly venture into trading and distribution of chassis component parts in the European market.

The MOU will provide an opportunity for CAP to venture into the European market by leveraging on Protev Asia’s business network and customer base in Europe.

The MOU is not expected to have any material effect on the financials of CAP and its subsidiaries (“CAP Group”) for the financial year ending 31 December 2014.

None of the Directors and/or major shareholders of CAP and/or any persons connected to them have any interest, direct or indirect in the MOU.

The MOU is not subject to the approval of the shareholders of CAP or any regulatory authorities.

The Board of Directors of CAP is of the opinion that the MOU is in the best interest of the CAP Group.

This announcement is dated 27 August 2014.

 



PELIKAN - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NamePELIKAN INTERNATIONAL CORPORATION BERHAD  
Stock Name PELIKAN  
Date Announced27 Aug 2014  
CategoryChange in Audit Committee
Reference NoPI-140827-F371C

Date of change27/08/2014
NameLua Choon Hann
Age37
NationalityMalaysian
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsBachelor of Law, University of Cardiff, United Kingdom. 
Working experience and occupation Dato' Lua started his professional career in the legal practice with Attorney General's Chambers as a prosecutor in the Republic of Singapore.

With his years in practice, he gained a substantial and broad expertise, knowledge and experience in advising legal matters, amongst others, pertaining to corporate affairs, finance and commercial matters. 
Directorship of public companies (if any)Furniweb Industrial Products Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)1. Dato' Lua Choon Hann
2. Datuk Rozaida Binti Omar
3. Dato' Afifuddin Bin abdul Kadir


PARKSON - Changes in Sub. S-hldr's Int. (29B) - GIC Private Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced27 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPH-140827-61930

Particulars of substantial Securities Holder

NameGIC Private Limited
Address168 Robinson Road, #37-01 Capital Tower, Singapore 068912
NRIC/Passport No/Company No.2265/81
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderCartaban Nominees (Asing) Sdn Bhd
P.O.Box 13150
50732 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/08/2014
390,800
 
Disposed22/08/2014
1,121,167
 

Circumstances by reason of which change has occurredSale via the open market
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change55,593,994
Date of notice27/08/2014

Remarks :
GIC Private Limited is wholly owned by Ministry for Finance


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

Announcement Type: Financial Results
Company NameSOUTHERN STEEL BERHAD  
Stock Name SSTEEL  
Date Announced27 Aug 2014  
CategoryFinancial Results
Reference NoSS-140825-46048

Financial Year End30/06/2014
Quarter4
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited

Remarks :
This announcement is dated 27 August 2014.
  • 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
723,680
710,779
2,813,500
2,822,838
2Profit/(loss) before tax
20,142
20,475
30,918
44,358
3Profit/(loss) for the period
13,714
24,558
19,874
43,180
4Profit/(loss) attributable to ordinary equity holders of the parent
13,393
24,222
18,952
42,177
5Basic earnings/(loss) per share (Subunit)
3.20
5.80
4.50
10.10
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
4.00
7.00


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 ($$)
2.0600
2.0500
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


HLBANK - 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 NameHONG LEONG BANK BERHAD  
Stock Name HLBANK  
Date Announced27 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoHB-140827-2D9AF

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 ("Shares")
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - 222,447,443 Shares
Employees Provident Fund Board - 1,500,000 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (HDBS) - 4,887,500 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) - 2,300,000 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) - 8,130,940 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) - 434,600 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) - 2,077,200 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ABERDEEN) - 3,030,000 Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/08/2014
56,100
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect
Direct (units)244,807,683 
Direct (%)13.61 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change244,807,683
Date of notice25/08/2014

Remarks :
Received EPF's notice dated 25 August 2014 on 27 August 2014.

This announcement is dated 27 August 2014.


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