September 25, 2014

Company announcements: XIANLNG, PSIPTEK, FURNWEB, CENBOND, WZSATU, MLGLOBAL, EMICO

XIANLNG - OTHERS XIAN LENG HOLDINGS BERHAD ("XIANLNG" or "the Company") - Alleged Irregularities in Capital Expenditure - Immediate Pre-Emptive and Corrective Actions

Announcement Type: General Announcement
Company NameXIAN LENG HOLDINGS BERHAD  
Stock Name XIANLNG  
Date Announced25 Sept 2014  
CategoryGeneral Announcement
Reference NoCJ-140923-61319

TypeAnnouncement
SubjectOTHERS
DescriptionXIAN LENG HOLDINGS BERHAD ("XIANLNG" or "the Company")
- Alleged Irregularities in Capital Expenditure - Immediate Pre-Emptive and Corrective Actions

The Board of Directors of XIANLNG wishes to make a follow-up announcement in respect of the subject matter.

Please refer to the attachment for details of the announcement.

This announcement is dated 25 September 2014.

 



PSIPTEK - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NamePRINSIPTEK CORPORATION BERHAD  
Stock Name PSIPTEK  
Date Announced25 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140925-57706

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionPRINSIPTEK CORPORATION BERHAD (“PCB” OR THE “COMPANY”)

I. PAR VALUE REDUCTION;
II. RIGHTS ISSUE WITH WARRANTS; AND
III. AMENDMENT

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 12 June 2014, in relation to the Proposals.

Reference is made to the announcements dated 12 June 2014, 23 June 2014, 11 July 2014 and 17 September 2014 in relation to the Proposals.

On behalf of the Board of Directors of PCB, RHB Investment Bank Berhad wishes to announce that an office copy of the order granted by the High Court of Malaya at Kuala Lumpur dated 17 September 2014 confirming the reduction of the issued and paid-up share capital of the Company via the cancellation of RM0.40 of the par value of each ordinary share in PCB had been lodged with the Companies Commission of Malaysia on 25 September 2014.

Pursuant thereto, the Par Value Reduction will take effect today and hence, the Par Value Reduction is deemed completed today.

Shareholders of PCB should note that the Par Value Reduction does not affect the number of the ordinary shares of PCB held by them. All the ordinary shares of PCB credited in the securities accounts of PCB’s shareholders shall be unaffected except for the reduction in par value of each ordinary share of PCB from RM0.50 to RM0.10. The share price of PCB will not be adjusted pursuant to the Par Value Reduction. 

This announcement is dated 25 September 2014.

 



PSIPTEK - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NamePRINSIPTEK CORPORATION BERHAD  
Stock Name PSIPTEK  
Date Announced25 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140925-58202

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionPRINSIPTEK CORPORATION BERHAD (“PCB” OR THE “COMPANY”)

RIGHTS ISSUE WITH WARRANT

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 12 June 2014, in relation to the Rights Issue with Warrants.

Reference is made to the announcements dated 12 June 2014, 23 June 2014, 11 July 2014, and 17 September 2014 in relation to the Proposals.

On behalf of the Board of Directors of PCB, RHB Investment Bank Berhad wishes to announce the following:

(i) the issue price for the Rights Shares has been fixed at RM0.18 per Rights Share; and 

(ii) the exercise price for the Warrants has been fixed at RM0.10 for each new PCB Share.

The issue price for the Rights Shares represents a discount of approximately 32.35% to the theoretical ex-rights price (“TERP”) of PCB Shares of RM0.2661 based on the five (5)-day volume weighted average market price (“WAMP”) of PCB Shares up to and including 24 September 2014 of RM0.3952.

The exercise price for the Warrants represents a discount of approximately 62.42% to the TERP of PCB Shares of RM0.2661 based on the 5-Day WAMP up to and including 24 September 2014 of RM0.3952. 

This announcement is dated 25 September 2014.

 



FURNWEB - Changes in Director's Interest (S135) - DATO' LUA CHOON HANN

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced25 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140925-62402

Information Compiled By KLSE

Particulars of Director

NameDATO' LUA CHOON HANN
AddressB-20-11, MARC RESIDENCE
NO. 3, JALAN PINANG
50450 KUALA LUMPUR
Descriptions(Class & nominal value)ORDINARY SHARES OF RM0.50 EACH ("Shares")

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
23/09/2014
10,000
0.845 

Circumstances by reason of which change has occurredAcquisition of 10,000 Shares (%: 0.007) in open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)10,455,300 
Direct (%)7.22 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice24/09/2014

Remarks :
(i) This announcement also serves to comply with Paragraph 14.09(a) of the Main Market Listing Requirements ("MMLR") for dealings outside closed periods in addition to Paragraph 9.19(18) of MMLR.


(ii) The Notice dated 24 September 2014 was received by the Company Secretary at the registered office on 25 September 2014.


FURNWEB - Changes in Sub. S-hldr's Int. (29B) - DATO' LUA CHOON HANN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced25 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140925-63317

Particulars of substantial Securities Holder

NameDATO' LUA CHOON HANN
AddressB-20-11, MARC RESIDENCE
NO. 3, JALAN PINANG
50450 KUALA LUMPUR
NRIC/Passport No/Company No.761006-03-5519
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH ("Shares")
Name & address of registered holderKENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR DATO' LUA CHOON HANN
8TH FLOOR, KENANGA INTERNATIONAL
JALAN SULTAN ISMAIL
50250 KUALA LUMPUR

MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR DATO' LUA CHOON HANN
14TH FLOOR, MENARA MAYBANK
100, JALAN TUN PERAK
50050 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/09/2014
10,000
0.845 

Circumstances by reason of which change has occurredAcquisition of 10,000 Shares in open market
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change10,455,300
Date of notice24/09/2014

Remarks :
The Form 29B dated 24 September 2014 was received by the Company Secretary at the registered office on 25 September 2014.


CENBOND - CENBOND - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameCENTURY BOND BHD  
Stock Name CENBOND  
Date Announced25 Sept 2014  
CategoryListing Circular
Reference NoRN-140924-51957

LISTING'S CIRCULAR NO. L/Q : 71558 OF 2014


    Final Single Tier Dividend of 2.0 sen per ordinary share in respect of the financial year ended 31 March 2014.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 8 October 2014 ]

    2) The last date of lodgement : [ 10 October 2014 ]

    3) Date Payable : [ 22 October 2014 ]


WZSATU - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced25 Sept 2014  
CategoryChange in Boardroom
Reference NoCS-140925-58275

Date of change25/09/2014
NameDato' Amin Rafie Bin Othman
Age54
NationalityMalaysian
Type of changeRedesignation
Previous PositionDeputy Chairman
New PositionOthers
DirectorateIndependent & Non Executive
QualificationsDato' Amin Rafie Bin Othman graduated from the University College of Wales, Aberystwyth with a joint honours degree in Economics and International Politics in 1982. He also holds a Master of Business Administration from the City University of London, United Kingdom.  
Working experience and occupation Dato' Amin Rafie Bin Othman is currently also Chairman of Asia Solar Generation Ventures Sdn. Bhd., Senior Advisor of Microlink Solutions Berhad, Managing Director of Plynlymon Capital and Rampai Ulltima Sdn. Bhd. In a career spanning 27 years, Dato' Amin has also held the positions of Managing Director of Dubai Group Sdn. Bhd,Chief Executive Officer of Mayban Investment Sdn. Bhd., Managing Director of PJB Capital Sdn. Bhd., Executive Director of Smith Zain Securities, Senior General Manager and Director of Rashid Hussain Asset Management. He was also a past President of the Malaysian Association of Asset Managers and was a member of the Listing Committee of Bursa Malaysia Securities Berhad.  
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 subsidiariesDirect Interest: 2,200 shares 

Remarks :
Dato' Amin Rafie Bin Othman was redesignated from Deputy Chairman/Independent Non-Executive Director to Deputy Chairman/Senior Independent Non-Executive Director of WZ Satu Berhad (formerly known as WZ Steel Berhad) with effect from 25 September 2014.


MLGLOBAL - MLGLOBAL - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameML GLOBAL BERHAD  
Stock Name MLGLOBAL  
Date Announced25 Sept 2014  
CategoryListing Circular
Reference NoRN-140924-52604

LISTING'S CIRCULAR NO. L/Q : 71561 OF 2014

Renounceable rights issue of 36,497,200 new ordinary shares of RM0.50 each in ML Global Berhad (formerly known as VTI Vintage Berhad) ("ML Global") ("Rights Shares") at an issue price of RM0.50 per Rights Share on the basis of 1 Rights Share for every 1 existing ordinary share of RM0.50 each in ML Global held as at 5.00 p.m. on 1 October 2014 ("Entitlement Date"), together with 18,248,600 free detachable warrants ("Warrants") on the basis of 1 Warrant for every 2 Rights Shares subscribed ("Rights Issue with Warrants").


    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
    as from : [ 29 September 2014 ]

    2) The last date of lodgement : [ 1 October 2014 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 10% of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.


MLGLOBAL - MLGLOBAL - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameML GLOBAL BERHAD  
Stock Name MLGLOBAL  
Date Announced25 Sept 2014  
CategoryListing Circular
Reference NoRN-140924-52468

LISTING'S CIRCULAR NO. L/Q : 71562 OF 2014

Renounceable rights issue of 36,497,200 new ordinary shares of RM0.50 each in ML Global Berhad (formerly known as VTI Vintage Berhad) ("ML Global") ("Rights Shares") at an issue price of RM0.50 per Rights Share on the basis of 1 Rights Share for every 1 existing ordinary share of RM0.50 each in ML Global held as at 5.00 p.m. on 1 October 2014 ("Entitlement Date"), together with 18,248,600 free detachable warrants ("Warrants") on the basis of 1 Warrant for every 2 Rights Shares subscribed ("Rights Issue with Warrants").


    Kindly be advised of the following :

    1) The Rights commence of trading : [ 2 October 2014 ]

    2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
    [ 3 October 2014 ]

    3) The last day and time for Acceptance, Renunciation and Payment :
    [ 17 October 2014 @ 5:00pm ]

    4) The Rights cease quotation : [ 10 October 2014 ]

    The Stock Short Name, Number and ISIN Code [MLGLOBAL-OR, 7595OR and MYL7595OR004] respectively.


EMICO - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameEMICO HOLDINGS BERHAD  
Stock Name EMICO  
Date Announced25 Sept 2014  
CategoryGeneral Meetings
Reference NoEH-140925-8563A

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting25/09/2014
Time11:00 AM
VenueTHE CONFERENCE ROOM OF EMICO, 18, LEBUHRAYA KG JAWA, 11900 BAYAN LEPAS, PENANG
Outcome of Meeting

The Board of Directors of Emico Holdings Berhad wish to announce that at the 22nd Annual General Meeting("AGM") held today, all the twelve (12) Ordinary Resolutions were unaminously passed.

Please refer to Notice of 22nd AGM in the Announcement dated 2nd Sept 2014.

This announcement is dated 25th Sept 2014.



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