BDB - MULTIPLE PROPOSALS
Announcement Type: General Announcement
| Company Name | BINA DARULAMAN BERHAD |
| Stock Name | BDB |
| Date Announced | 8 Oct 2014 |
| Category | General Announcement |
| Reference No | MI-141008-60910 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | BINA DARULAMAN BERHAD (“BDB” OR “COMPANY”) (I) PROPOSED ACQUISITION OF APPROXIMATELY 1,154.8 ACRES (467.4 HECTARES) OF LAND LOCATED IN KEDAH DARUL AMAN, FOR A TOTAL CONSIDERATION OF RM202 MILLION; (II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN BDB (“BDB SHARES”) TO RAISE GROSS PROCEEDS OF UP TO RM95 MILLION, TOGETHER WITH A BONUS ISSUE OF NEW BDB SHARES; (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF BDB FROM RM100,000,000 COMPRISING 100,000,000 BDB SHARES TO RM400,000,000 COMPRISING 400,000,000 BDB SHARES; AND (IV) PROPOSED AMENDMENT TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF BDB. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
Unless otherwise defined, the abbreviations and definitions used in the announcements of the Company dated 4 September 2014 and 3 October 2014 in relation to the Proposals shall apply herein (“Previous Announcements”). We refer to the Previous Announcements in relation to the Proposals. On behalf of the Board, RHB Investment Bank wishes to announce that an additional listing application in respect of the Proposed Acquisition and Proposed Rights Issue has been submitted to Bursa Securities on 8 October 2014. This announcement is dated 8 October 2014. | |
YTLPOWR - Changes in Director's Interest (S135) - DATO' YEOH SEOK HONG
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | YTL POWER INTERNATIONAL BHD |
| Stock Name | YTLPOWR |
| Date Announced | 8 Oct 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | YP-141008-CB2FF |
Information Compiled By KLSE
Particulars of Director
| Name | DATO' YEOH SEOK HONG |
| Address | 7TH FLOOR, YEOH TIONG LAY PLAZA, 55 JALAN BUKIT BINTANG, 55100 KUALA LUMPUR |
| Descriptions(Class & nominal value) | WARRANTS 2008/2018 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Transferred | 8,990,432 |
| Circumstances by reason of which change has occurred | TRANSFER OF WARRANTS FROM PARENT |
| Nature of interest | DIRECT |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 11,959,436 |
| Direct (%) | 1.11 |
| Indirect/deemed interest (units) | 1,569,981 |
| Indirect/deemed interest (%) | 0.15 |
| Date of notice | 08/10/2014 |
| Remarks : |
| TRANSFER OF WARRANTS FROM THE FOLLOWING: 1. FATHER - 6,037,432 WARRANTS 2. MOTHER - 2,953,000 WARRANTS DEEMED INTERESTED PURSUANT TO SECTION 134(12)(C) OF THE COMPANIES ACT, 1965 THROUGH HOLDINGS BY SPOUSE AND CHILDREN |
DIGI - 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 Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 8 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-141008-9DE4E |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Incorporated in Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.01 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 02/10/2014 | 1,680,000 | |
| Acquired | 02/10/2014 | 100,000 |
| Remarks : |
| The total number of 989,458,140 Ordinary Shares of RM0.01 each are held as follows:- 1) 875,988,450 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board; 2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board; 3) 9,300,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI); 4) 870,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB); 5) 7,650,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS); 6) 1,213,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV); 7) 10,287,500 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV); 8) 220,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN); 9) 32,872,090 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA); 10) 26,979,800 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI); 11) 1,300,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM); 12) 2,306,300 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON); and 13) 5,680,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN). The Form 29B was received by the Company on 8 October 2014. |
VS - Changes in Sub. S-hldr's Int. (29B) - Beh Kim Ling
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | V.S. INDUSTRY BERHAD |
| Stock Name | VS |
| Date Announced | 8 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | VI-141008-0F734 |
Particulars of substantial Securities Holder
| Name | Beh Kim Ling |
| Address | 04-07A, 7th Floor, Block A, Pelita Indah Condominium, Jalan Pelita, 80300 Johor Bahru, Johor. |
| NRIC/Passport No/Company No. | 580819-08-6169 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary share of RM1.00 each |
| Name & address of registered holder | As above |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 07/10/2014 | 68,000 |
| Remarks : |
| The percentage is computed based on the total number of shares in issue of 199,254,398 and after deducting a total of 1,129,336 shares bought back and retained as treasury shares as at 8 October 2014. |
NAKA - BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS NAKAMICHI CORPORATION BERHAD AND FINES ITS FORMER EXECUTIVE DIRECTOR, LO MAN HENG
Announcement Type: Listing Circular
As at to-date, NAKA has yet to announce the above financial statements.
Lo Man Heng, the former executive director of NAKA was found to have breached paragraph 16.13(a) of the Main LR for causing NAKA’s failure to announce the 2nd QR 2013, 3rd QR 2013, 4th QR 2013 and AAA 2013 within the stipulated timeframes resulting in the breaches of paragraphs 9.22(1) and 9.23(2) of the Main LR. A public reprimand and fine of RM2,000 per market day for each delay of the financial statements (subject to a maximum fine of RM500,000 for each financial statement) until the relevant accounts, information / documents of the subsidiary, Tamabina Sdn. Bhd. (Tamabina) was furnished to NAKA to enable preparation and finalisation of the 2nd QR 2013 were imposed on Lo Man Heng. The fines imposed on Lo Man Heng computed as at 8 October 2014 was as follows:-
Bursa Malaysia Securities views the contraventions seriously as the requirement for listed companies to ensure timely submission of financial statements was of paramount importance in ensuring a fair and orderly market of securities traded on Bursa Malaysia Securities.
BACKGROUND
The delay in submission of NAKA’s 2nd QR 2013, 3rd QR 2013, 4th QR 2013 and AAA 2013 was essentially due to the Company’s failure to obtain the management accounts of its 51% owned subsidiary, Tamabina as at 30 June 2013 for consolidation in view of the board / legal tussle with its Chief Executive Officer and director, Lo Man Heng. Lo Man Heng who was removed as a director of NAKA on 29 July 2013 was also a director of Tamabina, NAKA's only operating subsidiary which was contributing to the entire revenue of NAKA Group based on NAKA's latest financial statements for the financial period ended 31 March 2013. The management accounts of Tamabina were necessary towards the preparation and issuance of accurate consolidated financial statements of NAKA Group.
NAKA has an obligation to ensure timely submission of all its financial statements including establishing all the necessary controls and governance to enable it to adhere to its obligations under the Main LR at all material time.
Lo Man Heng has breached paragraph 16.13(a) of the Main LR for causing NAKA’s failure to announce the 2nd QR 2013, 3rd QR 2013, 4th QR 2013 and AAA 2013 within the stipulated timeframes. Lo Man Heng had not only failed to demonstrate efforts as a director of NAKA (prior to his removal on 29 July 2013) to ensure compliance by NAKA of its financial reporting obligations under the Main LR but had in fact showed blatant disregard of his duty as evident from his conduct / actions to frustrate NAKA's efforts to procure the relevant accounts of Tamabina.
The fact that the 2nd QR 2013 was due on 31 August 2013 after the removal of Lo Man Heng as a director of NAKA on 29 July 2013 did not absolve his breach of paragraph 16.13 of the Main LR particularly as his conduct / his failure to discharge his obligation as a director to NAKA was the cause/primary cause/reason for the failure on the part of NAKA to finalise the 2nd QR 2013 which further resulted in NAKA’s inability to prepare and announce the other outstanding financial statements.
The finding of breach and imposition of the above penalties on NAKA and Lo Man Heng were made pursuant to paragraph 16.19 of the Main LR upon completion of due process and after taking into consideration all the facts and circumstances of the matter including the following:-
| Company Name | NAKAMICHI CORPORATION BERHAD |
| Stock Name | NAKA |
| Date Announced | 8 Oct 2014 |
| Category | Listing Circular |
| Reference No | CW-141008-55854 |
LISTING'S CIRCULAR NO. L/Q : 71620 OF 2014
Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded Nakamichi Corporation Berhad (NAKA or the Company) and its former executive director, Lo Man Heng for breaches of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR). In addition, Lo Man Heng was fined a total of RM1,432,000 as at 8 October 2014.
NAKA was publicly reprimanded for failing to announce the following financial statements within the stipulated timeframes, in contravention of paragraphs 9.22(1) and 9.23(2) of the Main LR:-
No. | Financial Statements | Due Date of Announcement |
1. | Second Quarterly Report for the financial period ended 30 June 2013 (2nd QR 2013) | 31 August 2013 |
2. | Third Quarterly Report for the financial period ended 30 September 2013 (3rd QR 2013) | 30 November 2013 |
3. | Fourth Quarterly Report for the financial period ended 31 December 2013 (4th QR 2013) | 28 February 2014 |
4. | Annual Audited Accounts for the financial year ended 31 December 2013 (AAA 2013) | 30 April 2014 |
As at to-date, NAKA has yet to announce the above financial statements.
Lo Man Heng, the former executive director of NAKA was found to have breached paragraph 16.13(a) of the Main LR for causing NAKA’s failure to announce the 2nd QR 2013, 3rd QR 2013, 4th QR 2013 and AAA 2013 within the stipulated timeframes resulting in the breaches of paragraphs 9.22(1) and 9.23(2) of the Main LR. A public reprimand and fine of RM2,000 per market day for each delay of the financial statements (subject to a maximum fine of RM500,000 for each financial statement) until the relevant accounts, information / documents of the subsidiary, Tamabina Sdn. Bhd. (Tamabina) was furnished to NAKA to enable preparation and finalisation of the 2nd QR 2013 were imposed on Lo Man Heng. The fines imposed on Lo Man Heng computed as at 8 October 2014 was as follows:-
No. | Breach | Total fine imposed |
1. | Failure to announce the 2nd QR 2013 on or before 31 August 2013 | RM500,000 |
2. | Failure to announce the 3rd QR 2013 on or before 30 November 2013 | RM418,000 |
3. | Failure to announce the 4th QR 2013 on or before 28 February 2014 | RM300,000 |
4. | Failure to announce the AAA 2013 on or before 30 April 2014 | RM214,000 |
 | | RM1,432,000 |
Bursa Malaysia Securities views the contraventions seriously as the requirement for listed companies to ensure timely submission of financial statements was of paramount importance in ensuring a fair and orderly market of securities traded on Bursa Malaysia Securities.
BACKGROUND
The delay in submission of NAKA’s 2nd QR 2013, 3rd QR 2013, 4th QR 2013 and AAA 2013 was essentially due to the Company’s failure to obtain the management accounts of its 51% owned subsidiary, Tamabina as at 30 June 2013 for consolidation in view of the board / legal tussle with its Chief Executive Officer and director, Lo Man Heng. Lo Man Heng who was removed as a director of NAKA on 29 July 2013 was also a director of Tamabina, NAKA's only operating subsidiary which was contributing to the entire revenue of NAKA Group based on NAKA's latest financial statements for the financial period ended 31 March 2013. The management accounts of Tamabina were necessary towards the preparation and issuance of accurate consolidated financial statements of NAKA Group.
NAKA has an obligation to ensure timely submission of all its financial statements including establishing all the necessary controls and governance to enable it to adhere to its obligations under the Main LR at all material time.
Lo Man Heng has breached paragraph 16.13(a) of the Main LR for causing NAKA’s failure to announce the 2nd QR 2013, 3rd QR 2013, 4th QR 2013 and AAA 2013 within the stipulated timeframes. Lo Man Heng had not only failed to demonstrate efforts as a director of NAKA (prior to his removal on 29 July 2013) to ensure compliance by NAKA of its financial reporting obligations under the Main LR but had in fact showed blatant disregard of his duty as evident from his conduct / actions to frustrate NAKA's efforts to procure the relevant accounts of Tamabina.
The fact that the 2nd QR 2013 was due on 31 August 2013 after the removal of Lo Man Heng as a director of NAKA on 29 July 2013 did not absolve his breach of paragraph 16.13 of the Main LR particularly as his conduct / his failure to discharge his obligation as a director to NAKA was the cause/primary cause/reason for the failure on the part of NAKA to finalise the 2nd QR 2013 which further resulted in NAKA’s inability to prepare and announce the other outstanding financial statements.
The finding of breach and imposition of the above penalties on NAKA and Lo Man Heng were made pursuant to paragraph 16.19 of the Main LR upon completion of due process and after taking into consideration all the facts and circumstances of the matter including the following:-
- the aggravating conduct of Lo Man Heng; and
- the materiality / impact of the breach vis- -vis the material price and volume movement of NAKA’s securities upon the announcement that the Company would not be able to submit its 2nd QR 2013 within the timeframe stipulated and the non-submission of the 2nd QR 2013 had led to the suspension in the trading of NAKA’s securities from 9 September 2013 pursuant to paragraph 9.28(5) of the Main LR.
Y&G - Bonus Issue
Announcement Type: Entitlements (Notice of Book Closure)
| Company Name | Y&G CORPORATION BHD |
| Stock Name | Y&G |
| Date Announced | 8 Oct 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MB-141002-F8190 |
| Remarks : |
| Reference is made to the Company's announcements dated 17 September 2013, 19 November 2013, 27 December 2013, 28 February 2014, 11 April 2014, 13 August 2014 and the circular dated 14 March 2014 ("Circular") in relation to, inter alia, the Free Warrants. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Circular. The Warrants will be credited into the shareholders' central depository system account and a notice of allotment will be issued and despatched to the shareholders whose names appear in Y&G's Record of Depositors as at 5.00 p.m. on 23 October 2014 ("Entitled Shareholders") at the address as per the Record of Depositors prior to the listing of and quotation for the Warrants. Entitled Shareholders are not required to take any action. The Warrants will be quoted on the Main Market of Bursa Securities within two (2) market days after the application for the quotation of the Warrants is submitted to Bursa Securities. For clarity purposes, the Warrants to be issued pursuant to the Free Warrants, Private Placement with Warrants, Rights Issue with Warrants and Related Party Acquisitions will be issued and listed simultaneously. This announcement is dated 8 October 2014. |
Y&G - Rights Issue
Announcement Type: Entitlements (Notice of Book Closure)
| Company Name | Y&G CORPORATION BHD |
| Stock Name | Y&G |
| Date Announced | 8 Oct 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MB-141002-F8BC4 |
| Remarks : |
| Reference is made to the Company's announcements dated 17 September 2013, 19 November 2013, 27 December 2013, 28 February 2014, 11 April 2014, 13 August 2014 and the circular dated 14 March 2014 ("Circular") in relation to, inter-alia, the Rights Issue with Warrants. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Circular. The Abridged Prospectus together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively, the "Documents"), will be despatched to the shareholders whose names appear in Y&G's Record of Depositors as at 5.00 p.m. on 23 October 2014 ("Entitlement Date") ("Entitled Shareholders") at their registered address in Malaysia or who have provided the share registrar, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 23 October 2014. The Document will be despatched to the Entitled Shareholders on 27 October 2014. The Documents will not be despatched to the foreign Entitled Shareholders and/or their renouncee(s) (if applicable) who have not provided an address in Malaysia. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address or provide the address to the share registrar in writing by 5.00 p.m. on 23 October 2014. This announcement is dated 8 October 2014. |
Y&G - Important Relevant Dates for Renounceable Rights
Announcement Type: Important Relevant Dates for Renounceable Rights
| Company Name | Y&G CORPORATION BHD |
| Stock Name | Y&G |
| Date Announced | 8 Oct 2014 |
| Category | Important Relevant Dates for Renounceable Rights |
| Reference No | MB-141002-F8BD5 |
| Rights Securities will be listed and quoted as the existing securities of the same class: | |||
| Yes | |||
| Other important dates as the listed issuer may deem appropriate: | |||
| Remarks : |
| The last date and time for acceptance, excess application and payment are as above, or such later date and time as the Board of Directors of Y&G , Principal Adviser and Financial Adviser may mutually decide and announce not less than two (2) market days before the stipulated date and time. This announcement is dated 8 October 2014. |
UNIMECH - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
| Company Name | UNIMECH GROUP BERHAD |
| Stock Name | UNIMECH |
| Date Announced | 8 Oct 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | UG-141008-63776 |
| Remarks : |
| The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty. |
SUPERMX - Notice of Person Ceasing (29C) - Employees Provident Fund Board
Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
| Company Name | SUPERMAX CORPORATION BERHAD |
| Stock Name | SUPERMX |
| Date Announced | 8 Oct 2014 |
| Category | Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965 |
| Reference No | CK-141008-40125 |
Particulars of substantial Securities Holder
| Remarks : |
| Supermax Corporation Berhad received the Form 29C dated 3 October 2014 from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of Employees Provident Fund Board on 8 October 2014. |
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