September 17, 2014

Company announcements: PESTECH, GLOTEC, IHH, LEONFB, BJAUTO, SASBADI, HLBANK

PESTECH - Changes in Director's Interest (S135) - Ibrahim Bin Talib

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced17 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140904-4DDAD

Information Compiled By KLSE

Particulars of Director

NameIbrahim Bin Talib
AddressNo. 30, Jalan USJ 5/4B, 47610 Subang Jaya, Selangor Darul Ehsan
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)
Others
17/09/2014
42,700
 

Description of other type of transactionDividend Reinvestment Plan
Circumstances by reason of which change has occurredDividend Reinvestment Plan
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)3,699,033 
Direct (%)2.23 
Indirect/deemed interest (units)0 
Indirect/deemed interest (%)0 
Date of notice17/09/2014

PESTECH - Changes in Director's Interest (S135) - Tan Puay Seng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced17 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140904-4DDAC

Information Compiled By KLSE

Particulars of Director

NameTan Puay Seng
AddressNo. 69, Jalan Kota Laksamana 1/2, 75200 Melaka
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)
Others
17/09/2014
2,000
 

Description of other type of transactionDividend Reinvestment Plan
Circumstances by reason of which change has occurredDividend Reinvestment Plan
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)173,333 
Direct (%)0.1 
Indirect/deemed interest (units)0 
Indirect/deemed interest (%)0 
Date of notice17/09/2014

PESTECH - Changes in Director's Interest (S135) - Lim Ah Hock

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced17 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140904-4DDAB

Information Compiled By KLSE

Particulars of Director

NameLim Ah Hock
AddressNo. 7, Jalan Permas 3/22, Bandar Baru Permas Jaya, 81750 Masai, Johor Bahru, Johor Darul Takzim
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)
Others
17/09/2014
717,400
 
Others
17/09/2014
3,600
 

Description of other type of transactionDividend Reinvestment Plan
Circumstances by reason of which change has occurredDividend Reinvestment Plan
Nature of interestDirect and Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)62,062,900 
Direct (%)37.34 
Indirect/deemed interest (units)313,766 
Indirect/deemed interest (%)0.19 
Date of notice17/09/2014

Remarks :
Indirect Interest:-
VESTECH Projects Sdn. Bhd. - 313,766

PESTECH - Changes in Director's Interest (S135) - Lim Pay Chuan

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced17 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140904-4DD9F

Information Compiled By KLSE

Particulars of Director

NameLim Pay Chuan
AddressNo. 346, Jalan Yong Pak Kian, Ujong Pasir, 75050 Melaka
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)
Others
17/09/2014
211,000
 
Others
17/09/2014
40,700
 
Others
17/09/2014
87,700
 
Others
17/09/2014
90,400
 
Others
17/09/2014
3,600
 

Description of other type of transactionDividend Reinvestment Plan
Circumstances by reason of which change has occurredDividend Reinvestment Plan
Nature of interestDirect and Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)37,193,798 
Direct (%)22.38 
Indirect/deemed interest (units)313,766 
Indirect/deemed interest (%)0.19 
Date of notice17/09/2014

Remarks :
Indirect Interest:-
VESTECH Projects Sdn. Bhd. - 313,766

GLOTEC - GLOBALTEC FORMATION BERHAD ("GFB" or "Company")Reply to Query

Announcement Type: General Announcement
Company NameGLOBALTEC FORMATION BERHAD  
Stock Name GLOTEC  
Date Announced17 Sept 2014  
CategoryGeneral Announcement
Reference NoGF-140917-38215

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDTE-140915-56928
SubjectGLOBALTEC FORMATION BERHAD (“GFB” or “Company”)
Reply to Query
DescriptionGLOBALTEC FORMATION BERHAD (“GFB” or “Company”)
Reply to Query
Query Letter Contents We refer to your Company's announcement dated 12 September 2014, in respect of
the aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. Background information of Perak Hydro Renewable Energy Corporation Sdn Bhd
("PHREC"), including principal business activities, directors and major
shareholders.
2. The timeframe to apply the Feed-in Approval from the Sustainable Energy
Development Authority and signing of the Renewable Energy Power Purchase
Agreement ("REPPA") with Tenaga Nasional Berhad.
3. The rationale for Valley Ventures Technologies Sdn Bhd to pay a monthly
management fee of RM50,000 to PHREC.
4. Given that the REPPA has yet to be signed, please elaborate further as to
how the consideration is determined.
5. Total estimated financial commitment required for the renewable energy
venture and the source of funds.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully



HENG TECK HENG
Vice President, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)

Further to our announcement dated 12 September 2014 (“Announcement”) and Bursa Malaysia Securities Berhad’s fascimille dated 15 September 2014, we furnish herewith the following additional information for public release. Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

 

1. Background information on Perak Hydro Renewable Energy Corporation Sdn Bhd (“PHREC”), including principal business activities, directors and major shareholders.

 

PHREC was incorporated in Malaysia under the Companies Act, 1965 on 14 July 2010. The authorised share capital of PHREC is RM1,000,000 comprising 1,000,000 ordinary shares of RM1.00 each, of which 300,000 ordinary shares of RM1.00 each in PHREC have been issued and fully paid-up.

 

PHREC is principally involved in developing, maintaining and operating mini hydro power plants (which is defined by SEDA as hydro power plants of up to an installed capacity of 30MW) and distribution of electricity. PHREC has been mandated by the State Government of Perak Darul Ridzuan to act as the master developer and overall coordinator for the development of mini hydro power plants in the State of Perak Darul Ridzuan.

 

The directors of PHREC are Beroz Nikmal Bin Mirdin, Dato’ Aminudin Zaki Bin Hashim, Dato’ Syed Abu Hussin Bin Hafiz Syed Abdul Fasal and Iskandar Ibrahim (alternate director to Dato’ Syed Abu Hussin Bin Hafiz Syed Abdul Fasal)

 

The major shareholders of PHREC are Pusaka Hijau Sdn Bhd and Menteri Besar Incorporated.

 

2. The timeframe to apply the Feed-in Approval from the Sustainable Energy Development Authority and the signing of the Renewable Energy Power Purchase Agreement (“REPPA”) with Tenaga Nasional Berhad.

 

The application for the Feed-in Approval is expected to be made by end September 2014 and the signing of the REPPA with TNB is expected to be within sixty (60) days thereafter (in November 2014) in accordance to the RE Act.

 

3. The rationale for Valley Ventures Technologies Sdn Bhd to pay a monthly management fee of RM50,000 to PHREC.

 

As per the JVA, VVTSB is required to pay a monthly management fee of RM50,000 to PHREC as consideration to PHREC for performing the following obligations:

i) To apply to the Energy Commission for the RE license;

ii) To apply to and obtain the permission from the State Government of Perak to utilise state land for power plant use and provide water resources or other resources for the purpose of carrying out the Hydro Business;

iii) To apply to and obtain the necessary approval from SEDA; and

iv) To negotiate and enter into the REPPA with TNB.

 

4. Given that REPPA has yet to be signed, please elaborate as to how the consideration is determined.

 

In addition to what has been disclosed in the Announcement, the Total Consideration was arrived at after taking into consideration the following:

 

i) the Subscription Price is payable in tranches which are conditional on certain critical milestones (including obtaining Feed-in Approval from SEDA) to be achieved;

ii) the FiT system and the RE Act requiring TNB to accept and buy RE power (with the execution of the REPPA within 60 days upon obtaining approval from SEDA) and that MFSB shall be submitting to SEDA for the Feed-in Approval by end September 2014; and

iii) the potential future earnings contribution from the Hydro Business in view of the FiT system enacted under the RE Act, which provides a mandatory requirement for TNB to buy RE power for a mandatory period of twenty one (21) years.

 

5. Total estimated financial commitment required for the renewable energy venture and the source of funds

 

The total financial commitment of the Hydro Business can only be reasonably determined upon completion of the licencing, feasibility, design, engineering and costing stages of the Hydro Business. Based on an initial report prepared by a qualified consulting engineering firm, the estimated development cost of the Hydro Business is RM139.5 million. Nonetheless, the Group only has a minority stake in the Hydro Business and the design, engineering calculations, and mechanical technology chosen will substantially affect the efficiency of the plant, and in turn, the eventual total financial commitment of the Hydro Business.

 

The source of funds for the financial commitment is expected to be from a mixture of bank borrowings and internally generated funds. Nonetheless, the actual financing required as well as the proportion of bank borrowings and internally generated funds, will only be determined upon the confirmation of the financial commitment of the Hydro Business.

 

This announcement is dated 17 September 2014.

IHH - 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 NameIHH HEALTHCARE BERHAD  
Stock Name IHH  
Date Announced17 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIH-140917-ECE53

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 holderEmployees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur.
(96,743,000 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(588,680,700 ordinary shares of RM1.00 each)

Employees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur.
(1,500,000 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (AM INV)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(3,000,000 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(16,795,600 ordinary shares of RM1.00 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired11/09/2014
1,876,500
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)706,719,300 
Direct (%)8.64 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change706,719,300
Date of notice12/09/2014

Remarks :
Notice was received on 17 September 2014.

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

Announcement Type: General Announcement
Company NameLEON FUAT BERHAD  
Stock Name LEONFB  
Date Announced17 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140917-54227

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNOTIFICATION OF DEALING OUTSIDE CLOSED PERIOD BY PRINCIPAL OFFICER PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR")


Pursuant to Paragraph 14.09 of the MMLR, Leon Fuat Berhad ("LFB" or "the Company") wishes to announce that the Company has received notification from a Principal Officer of the Company in relation to his dealings in the Securities of LFB outside the closed period of LFB. The details of the dealings are appended in the table section below:-


Name of Principal Officer
Date of Transaction
Total No. of Securities Acquired/ (Disposed)
% of Issued Securities
Price Transacted per share (RM)
Direct
Indirect
Direct
Indirect
Wong Choong Heng
15/09/2014
(40,000)
-

0.013
-

0.605

 This announcement is dated 17 September 2014. 

 

BJAUTO - 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 NameBERJAYA AUTO BERHAD  
Stock Name BJAUTO  
Date Announced17 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBA-140917-6ADF9

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 RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ARIM)
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)
Disposed11/09/2014
100,000
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect Interest
Direct (units)48,690,400 
Direct (%)6.03 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change48,690,400
Date of notice12/09/2014

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

Announcement Type: General Announcement
Company NameSASBADI HOLDINGS BERHAD  
Stock Name SASBADI  
Date Announced17 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140917-42647

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNOTIFICATION OF DEALING OUTSIDE CLOSED PERIOD BY PRINCIPAL OFFICER PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR")

Pursuant to Paragraph 14.09 of the MMLR, Sasbadi Holdings Berhad ("SHB" or "the Company") wishes to announce that the Company has received notification from a Principal Officer of the Company in relation to his dealings in the securities of SHB outside the closed period of SHB. The details of the dealings are appended below:-

Name of Principal Officer

Date of Dealing

Total No. of Securities Acquired/ (Disposed)

% of Issued Securities

Price Transacted (RM)

https://bursalink.bursamalaysia.com/icons/ecblank.gif

https://bursalink.bursamalaysia.com/icons/ecblank.gif

Direct

Indirect

Direct

Indirect

https://bursalink.bursamalaysia.com/icons/ecblank.gif

Chen Yee Cheong

12/09/2014

(20,000)

-

0.02

-

1.55


This announcement is dated 17 September 2014.


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 Announced17 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoHB-140917-8A199

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 - 214,185,243 Shares
Employees Provident Fund Board - 1,500,000 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AMUNDI) - 1,800,000 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (HDBS) - 4,487,500 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) - 1,462,800 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) - 8,286,940 Shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) - 1,136,500 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)
Disposed11/09/2014
71,700
 
Acquired11/09/2014
300,000
 

Circumstances by reason of which change has occurredDisposed & Acquired
Nature of interestDirect
Direct (units)237,966,183 
Direct (%)13.23 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change237,966,183
Date of notice12/09/2014

Remarks :
Received EPF's notice dated 12 September 2014 on 17 September 2014.

This announcement is dated 17 September 2014.

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