August 12, 2014

Company announcements: PRKCORP, SALCON, PMETAL, FRB, FITTERS, BERTAM

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

Announcement Type: General Announcement
Company NamePERAK CORPORATION BERHAD  
Stock Name PRKCORP  
Date Announced12 Aug 2014  
CategoryGeneral Announcement
Reference NoCS-140812-55327

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionPROPOSED ACQUISITION OF PROPERTIES BY PCB DEVELOPMENT SDN BHD FROM A PERSON CONNECTED WITH A MAJOR SHAREHOLDER OF PERAK CORPORATION BERHAD

We refer to our announcement made on 4 December 2013 in relation to the acquisition of two (2) properties by PCB Development Sdn Bhd (“PCBD”), a wholly owned subsidiary of Perak Corporation Berhad, from The Red Snapper (M) Sdn Bhd (In Receivership) (“RSSB”) for a total purchase consideration of RM12.5 million (“Proposed Acquisition”).

On behalf of the Board of Directors of Perak Corporation Berhad, we wish to announce that the Proposed Acquisition has been completed on 12 August 2014 upon the issuance of the land titles for the Properties in the name of PCBD.

This announcement is dated 12 August 2014.



SALCON - Changes in Director's Interest (S135) - Ho Tet Shin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced12 Aug 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-140808-62897

Information Compiled By KLSE

Particulars of Director

NameHo Tet Shin
AddressB-2-2 Strauss Mont' Kiara Sophia,
2 Jalan Kiara 1,
50480 Kuala Lumpur.
Descriptions(Class & nominal value)Ordinary shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
31/07/2014
10,000
0.920 
Disposed
31/07/2014
10,000
0.925 

Circumstances by reason of which change has occurredDisposal of shares in open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice05/08/2014

Remarks :
Salcon received the Notice of Director's Interest in Shares pursuant to Section 135 of the Companies Act, 1965 on 12 August 2014.


SALCON - Changes in Sub. S-hldr's Int. (29B) - Great Eastern Holdings Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced12 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140812-50148

Particulars of substantial Securities Holder

NameGreat Eastern Holdings Limited
Address1 Pickering Street #16-01,
Great Eastern Centre
Singapore 048659
NRIC/Passport No/Company No.199903008M
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1. AmTrustee Bhd
22nd Floor, Bangunan AmBank Group
No. 55, Jalan Raja Chulan
50200 Kuala Lumpur

2. Universal Trustee (Malaysia) Bhd
1 Jalan Ampang
3rd Floor, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired08/08/2014
982,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change34,816,900
Date of notice12/08/2014

Remarks :
Deemed Interest pursuant to Section 6A(4)(C) of the Companies Act, 1965 via its subsidiaries i.e. Great Eastern Life Assurance (Malaysia) Bhd; Overseas Assurance (Malaysia) Bhd; Great Eastern Takaful Bhd; and Pacific Mutual Fund Bhd.


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

Announcement Type: General Announcement
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced12 Aug 2014  
CategoryGeneral Announcement
Reference NoCK-140808-64039

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionDEALING BY DIRECTOR IN THE SECURITIES OF SALCON BERHAD ("SALCON") DURING CLOSED PERIOD

Pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director of Salcon has given notice of his dealing in the securities of Salcon as set out below:-

Name of DirectorType of SecuritiesDate of DisposalPrice per share (RM)Number of share disposedPercentage (%)
Ho Tet ShinOrdinary shares of RM0.50 each31.07.20140.92010,0000.0015
Ho Tet ShinOrdinary shares of RM0.50 each31.07.20140.92510,0000.0015

Salcon received the above Notice dated 5 August 2014 on 12 August 2014.



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

Announcement Type: General Announcement
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced12 Aug 2014  
CategoryGeneral Announcement
Reference NoCK-140808-63733

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionIntention to Deal During Closed Period

Salcon Berhad ("the Company") wishes to inform that Ho Tet Shin, a Director of the Company, has given notice of his intention to deal in the securities of the Company during closed period and his current holding of the securities are as follows:-

Name of DirectorNumber of Ordinary Shares of RM0.50 eachNumber of Ordinary Shares of RM0.50 each
Direct InterestIndirect Interest
Ho Tet Shin1,721,400-

The Company received the above Notice of Intention to Deal on 12 August 2014.



SALCON - Changes in Sub. S-hldr's Int. (29B) - Oversea-Chinese Banking Corporation Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced12 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140812-2D12E

Particulars of substantial Securities Holder

NameOversea-Chinese Banking Corporation Limited
Address65 Chulia Street,
#06-00, OCBC Centre
Singapore 049513
NRIC/Passport No/Company No.193200032W
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1. AmTrustee Bhd
22nd Floor, Bangunan AmBank Group
No. 55, Jalan Raja Chulan
50200 Kuala Lumpur

2. Universal Trustee (Malaysia) Bhd
1 Jalan Ampang
3rd Floor, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired08/08/2014
982,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change34,816,900
Date of notice12/08/2014

Remarks :
Deemed Interest pursuant to Section 6A(4)(C) of the Companies Act, 1965 via its subsidiaries i.e. Great Eastern Life Assurance (Malaysia) Bhd; Overseas Assurance (Malaysia) Bhd; Great Eastern Takaful Bhd; and Pacific Mutual Fund Bhd.


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

Announcement Type: Financial Results
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced12 Aug 2014  
CategoryFinancial Results
Reference NoCC-140811-44572

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
1,000,213
795,343
1,897,318
1,519,586
2Profit/(loss) before tax
83,584
26,848
119,973
62,168
3Profit/(loss) for the period
73,622
22,821
101,055
49,899
4Profit/(loss) attributable to ordinary equity holders of the parent
60,026
20,041
88,057
45,287
5Basic earnings/(loss) per share (Subunit)
11.57
3.95
17.03
8.91
6Proposed/Declared dividend per share (Subunit)
5.00
1.00
10.00
1.00


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 ($$)
3.2900
2.4900
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


FRB - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced12 Aug 2014  
CategoryGeneral Announcement
Reference NoFR-140812-D05AB

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionUpdates of Material Litigation

Please refer to the attachment for the details of the updates of material litigation.



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

Announcement Type: General Announcement
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced12 Aug 2014  
CategoryGeneral Announcement
Reference NoML-140811-71242

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionFITTERS DIVERSIFIED BERHAD (“FITTERS” OR “COMPANY”)

• PROPOSED PRIVATE PLACEMENT
• PROPOSED BONUS ISSUE
• PROPOSED FREE WARRANTS ISSUE

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcement dated 21 July 2014 in relation to the Proposals.

On behalf of the Board of Directors of FITTERS, Hong Leong Investment Bank Berhad is pleased to announce that we have on even date submitted the listing application to Bursa Malaysia Securities Berhad for the Proposals.


This announcement is dated 12 August 2014.


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

Announcement Type: General Announcement
Company NameBERTAM ALLIANCE BERHAD  
Stock Name BERTAM  
Date Announced12 Aug 2014  
CategoryGeneral Announcement
Reference NoMI-140812-57605

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionBERTAM ALLIANCE BERHAD (“BERTAM” OR THE “COMPANY”)

PROPOSED DISPOSAL BY UH CAPITAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BERTAM, OF EIGHT (8) PARCELS OF FREEHOLD VACANT LAND HELD UNDER LOT 186 GERAN 217688 (FORMERLY UNDER GERAN 24697), LOT 2734 GERAN 218521 (FORMERLY UNDER GERAN 52430), LOT 10725 GERAN 219932 (FORMERLY UNDER GERAN 97219), LOT 11613 GERAN MUKIM 545 (FORMERLY UNDER GERAN MUKIM 327), LOT 5492 GERAN MUKIM 5932 (FORMERLY UNDER GERAN MUKIM 5833), LOT 5493 GERAN MUKIM 5934 (FORMERLY UNDER GERAN MUKIM 5834), LOT 14129 GERAN 218574 (FORMERLY UNDER GERAN 60082), LOT 8111 GERAN 218580 (FORMERLY UNDER GERAN 60247), ALL LOCATED IN MUKIM OF SEROM AND DISTRICT OF LEDANG AND STATE OF JOHOR, TO KT LEE PROPERTIES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM63,500,000

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 24 July 2014 in relation to the Proposed Disposals.

We refer to the announcement dated 24 July 2014 in relation to the Proposed Disposals.

On behalf of the Board of Directors of Bertam, RHB Investment Bank Berhad wishes to announce that pursuant to Paragraph 10.04(3)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the valuation report of the Land has been submitted to Bursa Malaysia Securities Berhad on 12 August 2014.

The salient features of the valuation report are set out below:

In arriving at the opinion of the market value of the Land, Henry Butcher Malaysia (Muar) Sdn Bhd (“Henry Butcher” or “Valuer”) had appraised the Land in its valuation report using the Comparison Method. The Comparison Method is the market approach of comparing the subject property with other similar properties that were either transacted recently or listed for sale within the same location or other comparable localities. In comparing properties, due consideration is given to factors such as location, accessibility, size and shape of land, land tenure, title conditions and restrictions, designated or zoned use, improvements and amenities, time element and other relevant factors to arrive at their opinion of value.

The Valuer has adopted only the Comparison Method of valuation in formulating their opinion of the current market value of the Land. The Valuer has not adopted the Residual Method of valuation in arriving at their opinion of value as, at the time of valuation, the proposed development on the Land had not been approved by the State Authority and the category of land use as endorsed in the land titles is agriculture. The Land was inspected by Henry Butcher on 1 July 2014.

DOCUMENTS FOR INSPECTION

The valuation report of the Land is available for inspection at the registered office of Bertam located at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, during normal business hours from Monday to Friday (except public holidays) for a period of three (3) months from the date of this announcement.

This announcement is dated 12 August 2014.



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