PANAMY - Change in Boardroom
| Company Name | PANASONIC MANUFACTURING MALAYSIA BERHAD |
| Stock Name | PANAMY |
| Date Announced | 29 Aug 2014 |
| Category | Change in Boardroom |
| Reference No | CA-140828-82557 |
| Date of change | 29/08/2014 |
| Name | Raja Dato’ Seri Abdul Aziz bin Raja Salim |
| Age | 75 |
| Nationality | Malaysian |
| Type of change | Retirement |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | N/A |
| Working experience and occupation | N/A |
| Directorship of public companies (if any) | N/A |
| Family relationship with any director and/or major shareholder of the listed issuer | N/A |
| Any conflict of interests that he/she has with the listed issuer | N/A |
| Details of any interest in the securities of the listed issuer or its subsidiaries | N/A |
PANAMY - Change in Audit Committee
| Company Name | PANASONIC MANUFACTURING MALAYSIA BERHAD |
| Stock Name | PANAMY |
| Date Announced | 29 Aug 2014 |
| Category | Change in Audit Committee |
| Reference No | CA-140829-95852 |
| Date of change | 29/08/2014 |
| Name | Raja Dato’ Seri Abdul Aziz bin Raja Salim |
| Age | 75 |
| Nationality | Malaysian |
| Type of change | Retirement |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | N/A |
| Working experience and occupation | N/A |
| Directorship of public companies (if any) | N/A |
| Family relationship with any director and/or major shareholder of the listed issuer | N/A |
| Any conflict of interests that he/she has with the listed issuer | N/A |
| Details of any interest in the securities of the listed issuer or its subsidiaries | N/A |
| Composition of Audit Committee (Name and Directorate of members after change) | Razman Hafidz bin Abu Zarim (Independent Non-Executive Director) Datuk Supperamaniam a/l Manickam (Independent Non-Executive Director) Tan Sri Hasmah Binti Abdullah (Independent Non-Executive Director) Toshiro Okamoto (Non-Independent Non-Executive Director) |
PANAMY - Change in Audit Committee
| Company Name | PANASONIC MANUFACTURING MALAYSIA BERHAD |
| Stock Name | PANAMY |
| Date Announced | 29 Aug 2014 |
| Category | Change in Audit Committee |
| Reference No | CA-140829-32258 |
| Date of change | 01/09/2014 |
| Name | Razman Hafidz bin Abu Zarim |
| Age | 59 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Joint-Honours Degree in Economics and Accounting, BSc (Econ) from University College, Cardiff, University of Wales. |
| Working experience and occupation | Encik Razman has more than 35 years experience in the fields of auditing, mergers and acquisitions, corporate finance and management consulting. He has worked with chartered accountancy firms in UK, where he was admitted as an Audit Partner in 1987.In Malaysia, he was the Partner-in-charge of the Management Consulting Practice of Price Waterhouse (now known as PricewaterhouseCoopers). In 1994, he established Norush Sdn Bhd, an investment holding and business advisory firm where he is the Chairman. He is currently the Independent Chairman of Tune Ins Holdings Berhad and Sumitomo Mitsui Banking Corporation Malaysia Berhad.He holds independent directorships in Linde Malaysia Holdings Berhad and Yeo Hiap Seng Limited, a company listed on the Singapore Stock Exchange. |
| Directorship of public companies (if any) | Linde Malaysia Holdings Berhad, Sumitomo Mitsui Banking Corporation Malaysia Berhad and Tune Ins Holdings Berhad. |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
| Composition of Audit Committee (Name and Directorate of members after change) | Razman Hafidz bin Abu Zarim (Chairman) (Independent Non-Executive Director) Datuk Supperamaniam a/l Manickam (Independent Non-Executive Director) Tan Sri Hasmah Binti Abdullah (Independent Non-Executive Director) Toshiro Okamoto (Non-Independent Non-Executive Director) |
MELEWAR - PROVISION OF FINANCIAL ASSISTANCE
| Company Name | MELEWAR INDUSTRIAL GROUP BERHAD |
| Stock Name | MELEWAR |
| Date Announced | 29 Aug 2014 |
| Category | General Announcement |
| Reference No | CM-140827-34412 |
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | MELEWAR INDUSTRIAL GROUP BERHAD ("MIG" or "the Company") - PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO PARAGRAPH 8.23(1)(ii) AND PRACTICE NOTE 11 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
Pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad as a continuing disclosure obligation, the Board of Directors of MIG wishes to announce that the aggregate amount of financial assistance provided by MIG to Mycron Steel CRC Sdn Bhd (“MSCRC”), a wholly-owned subsidiary of Mycron Steel Berhad (“MSB”), who in turn is a 54.8% owned subsidiary of MIG, in the form of a corporate guarantee issued in favour of SK Networks Co., Ltd (“SKN”) on 08 November 2013 and expiring on 30 September 2014 as security for the credit-sales facility granted by SKN to MSCRC as at 30 June 2014 remains unchanged at the maximum of sum of USD14.0 million. The provision of the financial assistance does not have any material effect on the net assets, earnings per share, gearing, share capital and substantial shareholders’ shareholdings in MIG and its subsidiaries for the quarter ended 30 June 2014. This announcement is dated 29 August 2014. | |
MAS - OTHERS MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”) PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED SCR”)
| Company Name | MALAYSIAN AIRLINE SYSTEM BERHAD |
| Stock Name | MAS |
| Date Announced | 29 Aug 2014 |
| Category | General Announcement |
| Reference No | MM-140829-62938 |
| Type | Announcement |
| Subject | OTHERS |
| Description | MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”) PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED SCR”) |
We refer to the announcement dated 8 August 2014 in relation to the Proposed SCR.
| |
The Proposed Investment is estimated to total up to RM6 billion (inclusive of funding required for the Proposed SCR). The disbursements of funds to MAS pursuant to the Proposed Investment, will be undertaken between 1 December 2014 and 31 December 2016 across three phases and are conditional on the implementation and completion of certain key initiatives by MAS. The detailed terms of the Proposed Investment are to be set out in an agreement to be entered into by Khazanah and MAS.
The Proposed Restructuring and the Proposed Investment are conditional on the successful completion of the Proposed SCR and the delisting of MAS from the Official List of the Main Market of Bursa Malaysia Securities Berhad.
Further, Khazanah had, on even date, issued a press release in relation to the Proposed Restructuring (“Khazanah Press Release”).
For further details on the above, please find attached the following:
(i) Khazanah Letter;
(ii) Khazanah Press Release;
(iii) The summary report entitled “Rebuilding a National Icon: The MAS Recovery Plan” announced by Khazanah; and
(iv) a press release from the Board in response to the above.
This announcement is dated 29 August 2014.
Further, Khazanah had, on even date, issued a press release in relation to the Proposed Restructuring (“Khazanah Press Release”).
For further details on the above, please find attached the following:
(i) Khazanah Letter;
(ii) Khazanah Press Release;
(iii) The summary report entitled “Rebuilding a National Icon: The MAS Recovery Plan” announced by Khazanah; and
(iv) a press release from the Board in response to the above.
This announcement is dated 29 August 2014.
MAS - MAS- RESUMPTION OF TRADING
| Company Name | MALAYSIAN AIRLINE SYSTEM BERHAD |
| Stock Name | MAS |
| Date Announced | 29 Aug 2014 |
| Category | Listing Circular |
| Reference No | CY-140829-63952 |
LISTING'S CIRCULAR NO. L/Q : 71394 OF 2014
Kindly be advised that trading in the above Company's securities will resume with effect from 9.00 a.m., Tuesday, 2 September 2014.
Your attention is drawn to the Company's announcements dated 29 August 2014.
DUTALND - Quarterly rpt on consolidated results for the financial period ended 30/6/2014
| Company Name | DUTALAND BERHAD |
| Stock Name | DUTALND |
| Date Announced | 29 Aug 2014 |
| Category | Financial Results |
| Reference No | D--140828-57281 |
| Financial Year End | 30/06/2014 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 30/06/2014 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2014 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 15,471 | 13,785 | 60,423 | 58,268 |
| 2 | Profit/(loss) before tax | 33,698 | -3,838 | 75,937 | -19,246 |
| 3 | Profit/(loss) for the period | 33,451 | -4,138 | 73,911 | -20,539 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 33,835 | -2,978 | 75,870 | -18,562 |
| 5 | Basic earnings/(loss) per share (Subunit) | 4.00 | -0.36 | 8.97 | -2.78 |
| 6 | Proposed/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 ($$) | 1.0000 | 0.9300 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
SIME - PROVISION OF FINANCIAL ASSISTANCE
| Company Name | SIME DARBY BERHAD |
| Stock Name | SIME |
| Date Announced | 29 Aug 2014 |
| Category | General Announcement |
| Reference No | SD-140825-F073E |
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | Provision of Financial Assistance |
1. Letter of Indemnity Sime Darby Berhad (Sime Darby or the Company) had, on 27 February 2008, announced that it had during the quarter ended 31 December 2007, issued a Letter of Indemnity to the Directors of Sarawak Hidro Sdn Bhd (Sarawak Hidro) to indemnify them from all consequences, liabilities, damages or losses which they may suffer as a result of their agreeing to Sarawak Hidro providing financial assistance to the Malaysian-China Hydro Joint Venture (MCH JV) for the completion of the CW2 Package for the main civil works for the Bakun Hydroelectric Project by the MCH JV. The said Letter of Indemnity is still subsisting but it will have no material financial impact on the Sime Darby Group unless it is called upon. In consideration of Sime Darby providing the Letter of Indemnity to the Directors of Sarawak Hidro as aforementioned, the following parties in the MCH JV have given counter guarantees and indemnities to Sime Darby, proportionate to their respective interests in the MCH JV: i. Sime Engineering Sdn. Bhd. ii. Sinohydro Corporation iii. WCT Engineering Berhad iv. MTD Capital Berhad. Sime Darby, through its indirectly owned subsidiary Sime Engineering Sdn Bhd, has an effective interest of 35.7% in the MCH JV. 2. Cash Advance Sime Engineering Sdn Bhd (SE) had on 7 March 2012, agreed to fund approximately RM30 million progressively based on projected monthly requirement, to the MCH JV. The cash funding is required to meet overheads and third party sub-contractors payment requirements. To-date, there is no cash advance outstanding from MCH JV. Following the completion of the CW2 Package for the main civil works for the Bakun Hydroelectric Project by the MCH JV, the cash funding by SE is no longer required. This announcement is dated 29 August 2014. | |
BJLAND - Annual Audited Accounts - 30 April 2014
| Company Name | BERJAYA LAND BERHAD |
| Stock Name | BJLAND |
| Date Announced | 29 Aug 2014 |
| Category | PDF Submission |
| Reference No | BB-140829-41835 |
| Subject | Annual Audited Accounts - 30 April 2014 |
LIONIND - Notice of Shares Buy Back - Immediate Announcement
| Company Name | LION INDUSTRIES CORPORATION BERHAD |
| Stock Name | LIONIND |
| Date Announced | 29 Aug 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | LI-140829-38230 |
No comments:
Post a Comment