BGYEAR - OTHERS BINA GOODYEAR BERHAD (“BGB” OR THE “COMPANY”) HEADS OF AGREEMENT (All definitions used herein shall have the same meanings as the words and expressions defined in the announcement dated 2 September 2014 except where the context otherwise requires or where otherwise defined.)
Announcement Type: General Announcement
| Company Name | BINA GOODYEAR BERHAD |
| Stock Name | BGYEAR |
| Date Announced | 17 Oct 2014 |
| Category | General Announcement |
| Reference No | CM-141017-63490 |
| Type | Announcement |
| Subject | OTHERS |
| Description | BINA GOODYEAR BERHAD (“BGB” OR THE “COMPANY”) HEADS OF AGREEMENT (All definitions used herein shall have the same meanings as the words and expressions defined in the announcement dated 2 September 2014 except where the context otherwise requires or where otherwise defined.) |
We refer to the announcement dated 2 September 2014 in relation to the heads of agreement (“HOA”) entered into between BGB and Trinity Group Sdn Bhd (“Vendor”) on even date. The Company wishes to announce that the Vendor has on 16 October 2014, written a letter to BGB in relation to the HOA executed between BGB and the Vendor for the proposed reverse take-over of BGB (“Proposed RTO”). Pursuant to the terms of the HOA: (a) the parties are to endeavour to negotiate in good faith to execute the Definitive Agreement for the HOA by 16 October 2014, being the date falling 30 Business Days following the date of the HOA (under clause 4.2); and (b) the HOA expires on 16 October 2014 (under clause 4.3(b)). However, the Vendor noted that it is presently not possible to negotiate and execute the Definitive Agreement as, amongst others: (a) BGB is currently subject to a winding up-order granted by the High Court of Malaya at Shah Alam (“Winding-Up Order”) arising from the Winding-Up Petition No. 28-20-01/2013 presented by Boon Wah Air-Conditioning Engineering Sdn Bhd; (b) a stay needs to be obtained against the Winding-Up Order; (c) BGB’s appeal against the Winding-Up Order at the Court of Appeal is presently fixed for case management on 11 November 2014; (d) BGB’s appeal to the Listing Committee of Bursa Malaysia Securities Berhad (“Bursa Securities”) against de-listing under paragraph 8.04 of Bursa Securities’s Main Market Listing Requirements is pending deliberation by the Listing Committee; and (e) BGB’s application for a restraining order (“RO”) against its creditors presenting any further claims can only be made after a stay of the Winding-Up Order has been granted. The viability of the parties to the HOA proceeding with the negotiation and execution of the Definitive Agreement would depend, amongst others, on the outcome of the various appeals and/or application(s) as described above. In view of the abovementioned matters, the Vendor has decided to allow the HOA to lapse without renewing or extending its validity period. If, by 31 October 2014 or such further period as the Vendor may deem fit: (a) there is a stay of the Winding-Up Order; and (b) BGB makes its application for the RO; the Vendor will consider resuming/recommencing negotiations on the Proposed RTO based on the terms as set out in the HOA for such further period deemed appropriate. This announcement is dated 17 October 2014.
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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 Name | FURNIWEB INDUSTRIAL PRODUCTS BERHAD |
| Stock Name | FURNWEB |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-141017-56490 |
Particulars of substantial Securities Holder
| Name | DATO' LUA CHOON HANN |
| Address | B-20-11, MARC RESIDENCE NO. 3, JALAN PINANG 50450 KUALA LUMPUR |
| NRIC/Passport No/Company No. | 761006-03-5519 |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.50 EACH ("Shares") |
| Name & address of registered holder | KENANGA 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 transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 16/10/2014 | 52,000 | 0.730 |
| Remarks : |
| The Form 29B dated 16 October 2014 was received by the Company Secretary at the registered office on 17 October 2014 |
PICORP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Announcement Type: General Announcement
| Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
| Stock Name | PICORP |
| Date Announced | 17 Oct 2014 |
| Category | General Announcement |
| Reference No | CK-141016-50912 |
| Type | Announcement | |||||||||||||||||||||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||||||||||||||||||||||||
| Description | PROGRESSIVE IMPACT CORPORATION BERHAD ("THE COMPANY") Pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Malaysia Berhad, the following Directors of the Company have transacted dealings in the securities of the Company as set out in the table hereunder:- | |||||||||||||||||||||||||||||||||||||||||||
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PICORP - Changes in Director's Interest (S135) - ZAID BIN ABDULLAH
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
| Stock Name | PICORP |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CK-141016-50100 |
Information Compiled By KLSE
Particulars of Director
| Name | ZAID BIN ABDULLAH |
| Address | NO. 10 JALAN SRI PETALING 6 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR |
| 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 | 101,700 | 0.185 | |
Acquired | 150,000 | 0.180 |
| Circumstances by reason of which change has occurred | ACQUISITION OF SHARES BY ZAIYADAL KELUARGA SDN BHD |
| Nature of interest | INDIRECT |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 47,925,100 |
| Direct (%) | |
| Indirect/deemed interest (units) | 303,838,622 |
| Indirect/deemed interest (%) | |
| Date of notice | 17/10/2014 |
| Remarks : |
| (i) Pursuant to Section 6A(4) of the Companies Act, 1965 - 303,728,322 (ii) Pursuant to Section 134(12)(c) of the Companies Act, 1965 - 110,300 |
PICORP - Changes in Director's Interest (S135) - ZAIDAH BINTI MOHD SALLEH
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
| Stock Name | PICORP |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CK-141016-50439 |
Information Compiled By KLSE
Particulars of Director
| Name | ZAIDAH BINTI MOHD SALLEH |
| Address | NO. 10 JALAN SRI PETALING BANDAR BARU SRI PETALING 57000 KUALA LUMPUR |
| 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 | 101,700 | 0.185 | |
Acquired | 150,000 | 0.180 |
| Circumstances by reason of which change has occurred | ACQUISITION OF SHARES BY ZAIYADAL KELUARGA SDN BHD |
| Nature of interest | INDIRECT |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 8,678,000 |
| Direct (%) | |
| Indirect/deemed interest (units) | 303,838,622 |
| Indirect/deemed interest (%) | |
| Date of notice | 17/10/2014 |
| Remarks : |
| (i) Pursuant to Section 6A(4) of the Companies Act, 1965 - 303,728,322 (ii) Pursuant to Section 134(12)(c) of the Companies Act, 1965 -110,300 |
PICORP - Changes in Sub. S-hldr's Int. (29B) - ZAID BIN ABDULLAH
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
| Stock Name | PICORP |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CK-141016-49361 |
Particulars of substantial Securities Holder
| Name | ZAID BIN ABDULLAH |
| Address | NO. 10 JALAN SRI PETALING 6 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR |
| NRIC/Passport No/Company No. | 511215-10-5665 |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.10 EACH |
| Name & address of registered holder | ZAIYADAL KELUARGA SDN BHD SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG 40150 SHAH ALAM SELANGOR DARUL EHSAN |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 15/10/2014 | 101,700 | 0.185 |
| Acquired | 16/10/2014 | 150,000 | 0.180 |
PICORP - Changes in Sub. S-hldr's Int. (29B) - ZAIDAH BINTI MOHD SALLEH
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
| Stock Name | PICORP |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CK-141016-49743 |
Particulars of substantial Securities Holder
| Name | ZAIDAH BINTI MOHD SALLEH |
| Address | NO. 10 JALAN SRI PETALING 6 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR |
| NRIC/Passport No/Company No. | 541003-10-5580 |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.10 EACH |
| Name & address of registered holder | ZAIYADAL KELUARGA SDN BHD SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG 40150 SHAH ALAM SELANGOR DARUL EHSAN |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 15/10/2014 | 101,700 | 0.185 |
| Acquired | 16/10/2014 | 150,000 | 0.180 |
PICORP - Changes in Sub. S-hldr's Int. (29B) - ZAIYADAL KELUARGA SDN BHD
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
| Stock Name | PICORP |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CK-141016-48810 |
Particulars of substantial Securities Holder
| Name | ZAIYADAL KELUARGA SDN BHD |
| Address | SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG 40150 SHAH ALAM SELANGOR DARUL EHSAN |
| NRIC/Passport No/Company No. | 243673 V |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.10 EACH |
| Name & address of registered holder | ZAIYADAL KELUARGA SDN BHD SUITE 5.02, MERCU PICORP LOT 10 JALAN ASTAKA U8/84 BUKIT JELUTONG 40150 SHAH ALAM SELANGOR DARUL EHSAN |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 15/10/2014 | 101,700 | 0.185 |
| Acquired | 16/10/2014 | 150,000 | 0.180 |
DESTINI - Changes in Director's Interest (S135) - Dato' Rozabil @ Rozamujib Bin Abdul Rahman
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | DESTINI BERHAD |
| Stock Name | DESTINI |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-141017-880EE |
Information Compiled By KLSE
Particulars of Director
| Name | Dato’ Rozabil @ Rozamujib Bin Abdul Rahman |
| Address | B-8-16, 10 Semantan Jalan Semantan, Damansara Heights 49450 Kuala Lumpur |
| 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 | 150,000 | 0.462 |
| Circumstances by reason of which change has occurred | Acquisition of shares via open market transactions |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 401,100 |
| Direct (%) | 0.05 |
| Indirect/deemed interest (units) | 255,907,700 |
| Indirect/deemed interest (%) | 32.01 |
| Date of notice | 16/10/2014 |
| Remarks : |
| 1. The total percentage of shares acquired by R Capital Sdn Bhd was around 0.02% of the total issued and paid up capital of the Company as at 10 October 2014. 2. This announcement serves as a notification pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. |
DESTINI - Changes in Sub. S-hldr's Int. (29B) - Dato' Rozabil @ Rozamujib Bin Abdul Rahman
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | DESTINI BERHAD |
| Stock Name | DESTINI |
| Date Announced | 17 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-141017-88105 |
Particulars of substantial Securities Holder
| Name | Dato’ Rozabil @ Rozamujib Bin Abdul Rahman |
| Address | B-8-16, 10 Semantan Jalan Semantan, Damansara Heights 49450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 720308-07-5363 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM0.10 each |
| Name & address of registered holder | 1. Dato’ Rozabil @ Rozamujib Bin Abdul Rahman B-8-16, 10 Semantan Jalan Semantan, Damansara Heights 49450 Kuala Lumpur 2. BPH Capital Sdn Bhd Kompleks Sri Wonder, No. 88-2-49 Lintang Sungai Pinang, 10150 Penang 3. R Capital Sdn Bhd H-2-10, Block H, Plaza Damas Jalan Sri Hartamas 1 50480 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 16/10/2014 | 150,000 | 0.462 |
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