September 24, 2014

Company announcements: SCOPE, GNB, PERISAI, OCNCASH

SCOPE - Changes in Director's Interest (S135) - Chew Kong Yoon

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSCOPE INDUSTRIES BERHAD (ACE Market) 
Stock Name SCOPE  
Date Announced24 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140924-00070

Information Compiled By KLSE

Particulars of Director

NameChew Kong Yoon
AddressMDLD 3567 Raya 7, Taman Public Villa, 91100 Lahad Datu, Sabah
Descriptions(Class & nominal value)Ordinary shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
23/09/2014
6,000,000
0.250 

Circumstances by reason of which change has occurredMarried Deal
Nature of interestDirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)74,854,896 
Direct (%)14.81 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice24/09/2014

Remarks :
Total no. of ordinary shares held after the change
- registered in the name of Mr Chew Koon Yoon is 64,854,896 (12.83%)
- registered in the name of HLIB Nominees(Tempatan) Sdn Bhd (Pledged securities account for Chew Koon Yoon) is 10,000,000 (1.98%)


SCOPE - Changes in Sub. S-hldr's Int. (29B) - Chew Kong Yoon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSCOPE INDUSTRIES BERHAD (ACE Market) 
Stock Name SCOPE  
Date Announced24 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140924-0007C

Particulars of substantial Securities Holder

NameChew Kong Yoon
AddressMDLD 3567 Raya 7, Taman Public Villa, 91100 Lahad Datu, Sabah
NRIC/Passport No/Company No.420101-08-5025
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holder1. Chew Koon Yoon of MDLD 3567 Raya 7, Taman Public Villa, 91100 Lahad Datu, Sabah (64,854,896 units of ordinary shares)

2. HLIB Nominees (Tempatan) Sdn Bhd(Pledged Securities Account For Chew Kong Yoon)of Level 10, 1 First Avenue, Bandar Utama, 47800 Petaling Jaya (10,000,000 units of ordinary shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/09/2014
6,000,000
0.250 

Circumstances by reason of which change has occurredMarried Deal
Nature of interestDirect Interest
Direct (units)74,854,896 
Direct (%)14.81 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change74,854,896
Date of notice24/09/2014


SCOPE - Changes in Sub. S-hldr's Int. (29B) - Han Kim Leng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSCOPE INDUSTRIES BERHAD (ACE Market) 
Stock Name SCOPE  
Date Announced24 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140924-B36B3

Particulars of substantial Securities Holder

NameHan Kim Leng
Address28, Taman Friendly
Phase IV
88300 Kota Kinabalu
Sabah
NRIC/Passport No/Company No.761116-10-5602
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderAgriculturists Incorporated Development Sdn Bhd
Lot 8A, Block E
2nd Floor, Bandar Leila, Sandakan
90009 Sabah

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/09/2014
1,000,000
 

Circumstances by reason of which change has occurredDisposal
Nature of interestIndirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)30,400,716 
Indirect/deemed interest (%)6.01 
Total no of securities after change30,400,716
Date of notice24/09/2014


SCOPE - Changes in Sub. S-hldr's Int. (29B) - Han Siew King

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSCOPE INDUSTRIES BERHAD (ACE Market) 
Stock Name SCOPE  
Date Announced24 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140924-B36A2

Particulars of substantial Securities Holder

NameHan Siew King
Address28 Taman Friendly Phase IV
88300 Kota Kinabalu
Sabah
NRIC/Passport No/Company No.470202-02-5465
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderAgriculturists Incorporated Development Sdn Bhd
Lot 8A, Block E
2nd Floor, Bandar Leila, Sandakan
90009 Sabah

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/09/2014
1,000,000
 

Circumstances by reason of which change has occurredDisposal
Nature of interestIndirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)30,400,716 
Indirect/deemed interest (%)6.01 
Total no of securities after change30,400,716
Date of notice24/09/2014


SCOPE - Changes in Sub. S-hldr's Int. (29B) - Agriculturists Incorporated Development Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSCOPE INDUSTRIES BERHAD (ACE Market) 
Stock Name SCOPE  
Date Announced24 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140924-FBAA6

Particulars of substantial Securities Holder

NameAgriculturists Incorporated Development Sdn Bhd
AddressLot 8A, Block E
2nd Floor, Bandar Leila, Sandakan
90009 Sabah
NRIC/Passport No/Company No.86866-X
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderAgriculturists Incorporated Development Sdn Bhd
Lot 8A, Block E
2nd Floor, Bandar Leila, Sandakan
90009 Sabah

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/09/2014
1,000,000
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect Interest
Direct (units)30,400,716 
Direct (%)6.01 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change30,400,716
Date of notice24/09/2014


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

Announcement Type: General Announcement
Company NameSCOPE INDUSTRIES BERHAD (ACE Market) 
Stock Name SCOPE  
Date Announced24 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140924-E2E22

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that the following Director of the wholly owned subsidiary of Scope Industries Berhad has given notice of changes to his indirect interest in the ordinary shares of Scope Industries Berhad during outside closed period as set out in the Table hereunder.

This announcement is dated 24 September 2014

Name

Date Transacted

Opening Balance

No. of securities

Acquired / (disposed)

Price (RM per share)

% of shares acquired / (disposed)

Closing Balance

% of total issued shares

Ordinary Shares

Indirect Interest

Han Siew King

22.09.2014

31,400,716

(1,000,000)

0.25

0.20

30,400,716 *

6.01

* Deemed interested by virtue of his shareholdings of not less than 15% in Agriculturists Incorporated Development Sdn Bhd pursuant to section 6A of the Companies Act, 1965.



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

Announcement Type: General Announcement
Company NameSCOPE INDUSTRIES BERHAD (ACE Market) 
Stock Name SCOPE  
Date Announced24 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140924-0006E

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Rule 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that the following Director has given notice of his dealing in the ordinary shares of Scope Industries Berhad during outside closed period as set out in the Table hereunder.

This announcement is dated 24 September 2014.

Name

Date Transacted

Opening Balance

No. of securities

Acquired / (disposed)

Price (RM per share)

% of shares acquired / (disposed)

Closing Balance

% of total issued shares

Ordinary Shares

Direct Interest

Chew Kong Yoon

23.09.2014

68,854,896

6,000,000

0.25

1.187%

74,854,896

14.809%

Name

Date Transacted

Opening Balance

No. of Warrants Acquired /

(Exercised)

Price (RM per warrant)

% of Warrants Exercised

Closing Balance

% of Total Issued Warrants

Warrants

Direct Interest

Chew Kong Yoon

-

2,560,000

-

-

-

2,560,000

2.253%



GNB - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameG NEPTUNE BERHAD (ACE Market) 
Stock Name GNB  
Date Announced24 Sept 2014  
CategoryChange in Audit Committee
Reference NoCS-140924-A49B2

Date of change23/09/2014
NameCHOI WING KOON
Age37
NationalityHong Kong (SAR)
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
Qualifications(1) 1996-1999 : The Hong Kong University of Science and Technology BBA (Accounting) (Second Honour Upper Class)
(2) 2012-present : The University of Hong Kong MBA (part-time)
(3) 2005 - Member of HKICPA
(4) 2010 - Fellow Member of ACCA 
Working experience and occupation (1) Dec 2013-present : Independent Non-Executive Director, Universe International Holdings Limited
(2) Jan 2012-Sept 2014 : Independent Non-Executive Director, Zhidao International (Holdings) Limited
(3) May 2013-April 2014 : Consultant, Taung Gold International Limited
(4) Sept 2010-April 2013 : Financial Controller and Company Secretary, Taung Gold International Limited
(5) Aug 2009-Aug 2010 : Accounting Manager, Chevalier International Holdings Limited
(6) Mar 2004-Aug 2008 : Accounting Manager, Yau Lee Holdings Limited 
Directorship of public companies (if any)Nil 
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) Mr Choi Wing Koon (Independent Non-Executive Director) - Audit Committee Chairman
(2) Ms Lo Yin Ling (Independent Non-Executive Director) - Audit Committee Member
(3) Ms Chan Lai Yi (Independent Non-Executive Director) - Audit Committee Member


PERISAI - OTHERS PERISAI PETROLEUM TEKNOLOGI BHD (“PERISAI” OR “THE COMPANY”) - RE-ORGANISATION OF GROUP STRUCTURE

Announcement Type: General Announcement
Company NamePERISAI PETROLEUM TEKNOLOGI BHD  
Stock Name PERISAI  
Date Announced24 Sept 2014  
CategoryGeneral Announcement
Reference NoPP-140924-A4399

TypeAnnouncement
SubjectOTHERS
DescriptionPERISAI PETROLEUM TEKNOLOGI BHD (“PERISAI” OR “THE COMPANY”)
- RE-ORGANISATION OF GROUP STRUCTURE

1. INTRODUCTION

Pursuant to Paragraph 9.19(5) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Perisai wishes to announce that an approval from the Labuan Financial Services Authority dated 23 September 2014 has been obtained for the transfer of the Company’s 100% equity interest in Perisai (L) Inc (“Perisai Labuan”) to its wholly-owned subsidiary, Perisai Drilling Holdings Sdn Bhd (“PDHSB”) for a total cash consideration of RM3,800/- (“Internal Re-organisation”).

Following the Internal Re-organisation, Perisai Labuan became the indirect wholly-owned subsidiary of the Company.

2. DETAILS OF THE INTERNAL RE-ORGANISATION

Under the Internal Re-organisation, the Company shall dispose its shares held in Perisai Labuan to PDHSB with all rights and interests attached or accruing to them and free from all encumbrances and subject to the terms and conditions set out in the Share Sale Agreement between the Company and PDHSB in respect of the disposal of 100% equity interest in Perisai Labuan.

The total disposal consideration was arrived at after taking into account the costs of investment of the Company in Perisai Labuan.

3. BACKGROUND INFORMATION

(a) Perisai Labuan

Perisai Labuan was incorporated on 15 October 2004 in the Federal Territory of Labuan under the Labuan Companies Act 1990. It has an authorised share capital of USD100,000/- comprising 100,000 ordinary shares of USD1/- each of which 1,000 ordinary shares of USD1/- each have been issued and credited as fully paid up. Perisai Labuan is principally engaged in chartering of offshore assets which are primarily for oil and gas offshore production and drilling units.

(b) PDHSB

PDHSB was incorporated on 18 July 2013 in Malaysia under the Malaysian Companies Act 1965. It has an authorised share capital of RM400,000/- comprising 400,000 ordinary shares of RM1/- each of which 100,000 ordinary shares of RM1/- each have been issued and credited as fully paid up. PDHSB is an investment holding company.

4. RATIONALE

The Internal Re-organisation is part of the Group’s intention to streamline and realign the businesses to achieve operational efficiency.

5. FINANCIAL EFFECTS

The Internal Re-organisation is not expected to have any material effect on the earnings or net assets of Perisai for the financial year ending 31 December 2014.

6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect, in the Internal Re-organisation.

7. DIRECTORS’ STATEMENT

The Board, having considered all aspects of the Internal Re-organisation, is of the opinion that it is in the best interest of Perisai.

8. DOCUMENTS AVAILABLE FOR INSPECTION

The Share Sale Agreement dated 23 September 2014 are available for inspection during the normal office hours (except public holidays) at the registered office of Perisai at Suite 3A-17, Level 17, Block 3A, Plaza Sentral, Jalan Stesen Sentral 5, 50470 Kuala Lumpur, for a period of 3 months from the date of this Announcement.

This announcement is dated 24 September 2014.



OCNCASH - OTHERS PROPOSED DISPOSAL OF MODULAR MACHINE BY OCEANCASH NONWOVEN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OCEANCASH PACIFIC BERHAD ("PROPOSED DISPOSAL")

Announcement Type: General Announcement
Company NameOCEANCASH PACIFIC BERHAD (ACE Market) 
Stock Name OCNCASH  
Date Announced24 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140923-748E6

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED DISPOSAL OF MODULAR MACHINE BY OCEANCASH NONWOVEN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OCEANCASH PACIFIC BERHAD ("PROPOSED DISPOSAL")

The Board of Directors of Oceancash Pacific Berhad ("OCP" or "Company") is pleased to announce that Oceancash Nonwoven Sdn Bhd ("Vendor"), a wholly-owned subsidiary of OCP had on 18 September 2014 entered into a Sales Contract with PT S&S Hygiene Solution ("Purchaser") for the disposal of one (1) unit of modular machine model PCE-COEX 2000 for Cast Film Co-Extrusion, complete with Accessories and Parts ("PE Machine") for a consideration of USD100,000.00 ("Selling Price").

Please refer to the attachment for full details of the announcement.

This announcement is dated 24 September 2014.



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