October 28, 2014

Company announcements: POS, JAKS, NARRA, PRTASCO, TUNEINS, IPMUDA, CME, ABRIC

POS - 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 NamePOS MALAYSIA BERHAD  
Stock Name POS  
Date Announced28 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPM-141028-F953F

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 holder1) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board

2) Employees Provident Fund Board

3) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (RHB INV)

4) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (CIMB PRI)

5) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ARIM)

6) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (TEMPLETON)

7) Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ABERDEEN)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/10/2014
18,700
 
Acquired23/10/2014
12,500
 

Circumstances by reason of which change has occurred(2) Acquired by Citigroup Nominees (Tempatan) Sdn Bhd
-Employees Provident Fund Board (CIMB PRI)-18,700 shares
(2) Acquired by Citigroup Nominees (Tempatan) Sdn Bhd
-Employees Provident Fund Board (TEMPLETON)-12,500 shares
Nature of interestDirect
Direct (units)59,569,800 
Direct (%)11.09 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change59,569,800
Date of notice24/10/2014

Remarks :
The total number of 59,569,800 shares are held as follows:

1) 41,891,800 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board

2) 1,500,000 shares are registered in the name of Employees Provident Fund Board

3) 1,500,000 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (RHB INV)

4) 6,125,200 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (CIMB PRI)

5) 760,000 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ARIM)

6) 2,470,600 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (TEMPLETON)

7) 5,322,200 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd
- Employees Provident Fund Board (ABERDEEN)

The Form 29B dated 24 October 2014 was received by the Company on 28 October 2014.


JAKS - OTHERS JAKS RESOURCES BERHAD (“JRB” OR “COMPANY”) STATUS UPDATE OF JRB’S INVESTMENT IN A 2 X 600 MEGAWATT COAL-FIRED THERMAL POWER PLANT IN VIETNAM (“PROJECT”)

Announcement Type: General Announcement
Company NameJAKS RESOURCES BERHAD  
Stock Name JAKS  
Date Announced28 Oct 2014  
CategoryGeneral Announcement
Reference NoCA-141028-63823

TypeAnnouncement
SubjectOTHERS
DescriptionJAKS RESOURCES BERHAD (“JRB” OR “COMPANY”)
STATUS UPDATE OF JRB’S INVESTMENT IN A 2 X 600 MEGAWATT COAL-FIRED THERMAL POWER PLANT IN VIETNAM (“PROJECT”)

This announcement is dated 28 October 2014.

Reference is made to the announcement dated 1 April 2014 whereby the Ministry of Industry and Trade of the Socialist Republic of Vietnam (“MOIT”) had vide its letter dated 26 March 2014 agreed to extend the required date for completion of the preconditions of the Project (including to achieve financial close) to 31 October 2014.

The Board of Directors of JRB (“Board”) wishes to inform that its wholly-owned subsidiary, JAKS Pacific Power Limited, had vide its letter dated 24 October 2014 (which was submitted to MOIT on 27 October 2014) requested MOIT to extend the required date for completion of the preconditions of the Project (including to achieve financial close) to 31 October 2015.

The Board also wishes to inform that JRB is still exploring with potential partner(s) to invest in the Project.

The Company will make the relevant announcement in due course.



NARRA - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameNARRA INDUSTRIES BERHAD  
Stock Name NARRA  
Date Announced28 Oct 2014  
CategoryChange in Boardroom
Reference NoNI-141028-43533

Date of change28/10/2014
NameQuah Thain Khan
Age56
NationalityMalaysian
Type of changeAppointment
DesignationExecutive Director
DirectorateExecutive
QualificationsBachelor of Mechanical Engineering (Honours) degree, Monash University, Australia
Master in Business Administration degree, Cranfield School of Management, United Kingdom. 
Working experience and occupation Mr Quah Thain Khan started his career as an engineer in 1982 with the UMW Group, where his last position was Factory Manager before joining the PA Consultancy Group in 1988 as a management consultant. In 1993, he joined Lafarge Malayan Cement Berhad (“LMC”), where he held senior management positions in the manufacturing and marketing subsidiaries before becoming the Chief Executive Officer in 2000, and President and Chief Executive Officer of LMC in 2002, a position he held until 2004.
Mr Quah joined the Hong Leong Industries Berhad (“HLI”) Group as Managing Director of a subsidiary company in 2004. In the same year, he was appointed to the Board of Directors of HLI, a position he held until 2007 before assuming the position of Managing Director of Hume Concrete Sdn Bhd (formerly known as Hume Industries (Malaysia) Sdn Bhd), Cement & Concrete Division. 
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 

Remarks :
Mr Quah Thain Khan is appointed as Group Managing Director of Hume Industries Berhad (formerly known as Narra Industries Berhad) on 28 October 2014.


This announcement is dated 28 October 2014.


NARRA - NARRA-CHANGE OF NAME

Announcement Type: Listing Circular
Company NameNARRA INDUSTRIES BERHAD  
Stock Name NARRA  
Date Announced28 Oct 2014  
CategoryListing Circular
Reference NoTE-141028-59122

LISTING'S CIRCULAR NO. L/Q : 71759 OF 2014

Kindly be advised that the aforesaid Company has changed its name to Hume Industries Berhad. As such, the Company’s shares will be traded and quoted under the new name with effect from 9.00 a.m., Thursday, 30 October 2014.

The Stock Short Name will be changed as follows:-

Type of SharesOld NameOld Stock Short Name New NameNew Stock Short Name
Ordinary SharesNarra Industries BerhadNARRAHume Industries BerhadHUMEIND

However, the Company's Stock Numbers remain unchanged.


PRTASCO - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced28 Oct 2014  
CategoryGeneral Announcement
Reference NoCA-141028-49173

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPROTASCO BERHAD - Material Litigation

Protasco Berhad (“Protasco” / the “Company”) wishes to announce that it has today been served with a Writ of Summons by Kingdom Seekers Ventures Sdn Bhd (“Kingdom Seekers”) suing in a representative capacity for and on behalf of the Company and or for the benefit of the Company. Kingdom Seekers is suing Dato’ Sri Chong Ket Pen, Kenny Chong Ther Nen, Low Kian Seng, Edward Khoo Mong Wei, Lim Yew Ting and RS Maha Niaga Sdn Bhd. The Company is named as a Defendant by virtue of the representative claim. Kingdom Seekers is a company controlled by one of Protasco’s director, namely Mr Tey Por Yee and is a substantial shareholder of the Company. The Company had on 22nd September 2014 commenced a suit against inter alia Mr Tey Por Yee for breach of his fiduciary and statutory duties.

Kingdom Seekers’ claims against Dato’ Sri Chong Ket Pen, Kenny Chong Ther Nen, Low Kian Seng, Edward Khoo Mong Wei, Lim Yew Ting, RS Maha Niaga Sdn Bhd is for the return of a sum of RM10 million to the Company and general damages purportedly suffered by the Company. 

In this regard, the Company has appointed a firm of solicitors to represent the Company and oppose the foregoing suit. The Company wish to state that the suit filed by Kingdom Seekers have no significant immediate adverse effect on the current financial position of Protasco.

This announcement dated 28 October 2014




 

 

 

 


TUNEINS - OTHERS TUNE INS HOLDINGS BERHAD ("TIH" or "the Company") - Incorporation of a subsidiary

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced28 Oct 2014  
CategoryGeneral Announcement
Reference NoCM-141028-657C8

TypeAnnouncement
SubjectOTHERS
DescriptionTUNE INS HOLDINGS BERHAD ("TIH" or "the Company")
- Incorporation of a subsidiary

The Board of Directors of TIH wishes to announce that Tune Insurance PCC Ltd ("TIPCC") was incorporated on 27th October 2014 as a subsidiary of Tune GenRe Ltd ("TGR"), a wholly-owned subsidiary of TIH.

 

TIPCC was incorporated as a Protected Cell Company Limited by Shares under Labuan Companies Act 1990, with Company No. PCC11332. TGR will be the subscriber of one hundred (100) ordinary shares of USD1.00 each for the incorporation of TIPCC. TIPCC is principally engaged in captive insurance business.

 

The Directors of TIPCC presently are Mr. Peter Dixon Miller, Mr. Sasitharan A/L Krishnan and Ms. Cheong Lai Lai.

 

The incorporation of TIPCC is not expected to have any effect on the issued and paid-up share capital or substantial shareholders' shareholdings of TIH and is not expected to have any material effect on the earnings, net assets and gearing of TIH for the financial year ending 31 December 2014.

 

None of the Directors and/or substantial shareholders of TIH or persons connected with them have any interest, direct or indirect, in the said incorporation.


This announcement is dated 28th October 2014.



IPMUDA - Notice of Person Ceasing (29C) - Purnama Gigih Sdn Bhd

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameIPMUDA BERHAD  
Stock Name IPMUDA  
Date Announced28 Oct 2014  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoII-141028-56086

Particulars of substantial Securities Holder

NamePurnama Gigih Sdn Bhd
Address39-5, Jalan 8/146
Metro Centre, Bandar Tasik Selatan
57000 Kuala Lumpur
NRIC/Passport No/Company No.393247-U
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Date of cessation24/10/2014
Name & address of registered holderPurnama Gigih Sdn Bhd
39-5, Jalan 8/146
Metro Centre, Bandar Tasik Selatan
57000 Kuala Lumpur
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed4,594,000 
Price Transacted ($$)0.950 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposal of shares via married deal
Nature of interestDirect Interest
Date of notice28/10/2014


CME - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameCME GROUP BERHAD  
Stock Name CME  
Date Announced28 Oct 2014  
CategoryGeneral Announcement
Reference NoMM-141028-61040

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionCME GROUP BERHAD (“CME” OR “COMPANY”)

(I) PROPOSED DIVERSIFICATION;
(II) PROPOSED ACQUISITION OF LAND 1;
(III) PROPOSED ACQUISITION OF LAND 2;
(IV) PROPOSED RIGHTS ISSUE OF ICULS;
(V) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(VI) PROPOSED M&A AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the previous announcements in relation to the Proposals, where applicable, unless stated otherwise or defined herein)

Reference is made to the announcements dated 9 May 2014, 24 June 2014, 9 July 2014, 4 August 2014, 5 August 2014, 29 August 2014, 4 September 2014, 18 September 2014, 14 October 2014 and 15 October 2014 in relation to the Proposals.

On behalf of the Board of Directors of CME, Public Investment Bank Berhad wishes to announce that the Abridged Prospectus in relation to the Rights Issue of ICULS, together with the Notice of Provisional Allotment and the Rights Subscription Form, have been duly registered with the Securities Commission Malaysia on 28 October 2014.

This announcement is dated 28 October 2014.



ABRIC - OTHERS ACQUISITION OF SHARES IN ABRIC ONE SDN BHD

Announcement Type: General Announcement
Company NameABRIC BERHAD  
Stock Name ABRIC  
Date Announced28 Oct 2014  
CategoryGeneral Announcement
Reference NoCK-141027-AB8D7

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF SHARES IN ABRIC ONE SDN BHD

1. Introduction

The Board of Directors of Abric Berhad (“Abric” or “the Company”) wishes to inform that the Company had on 28 October 2014 acquired 500,000 ordinary shares of RM1.00 each in the capital of Abric One Sdn Bhd (“AOSB”), representing 100% equity interest in AOSB, a company incorporated in Malaysia, from Abric Worldwide Sdn Bhd (“AWSB”), which is a wholly owned subsidiary of Abric for a total cash consideration of RM1.00 only (hereinafter collectively referred to as the “AOSB Acquisition”). Subsequent to the AOSB Acquisition, AOSB shall become a direct wholly owned subsidiary of the Company.

2. Information of AOSB

AOSB was an indirect wholly owned subsidiary of Abric before AOSB Acquisition and was incorporated on 22 September 1983 in Malaysia. The authorised share capital of AOSB is RM1,000,000.00 comprising 1,000,000 ordinary shares of RM1.00 each while its issued share capital consists of 500,000 ordinary shares of RM1.00 each which have been fully paid. AOSB is presently dormant.

3. Information of AWSB

AWSB is a direct wholly owned subsidiary of Abric and was incorporated on 27 January 1997 in Malaysia. The authorised share capital of AWSB is RM50,000,000.00 comprising 50,000,000 ordinary shares of RM1.00 each while its issued share capital consists of 35,000,000 ordinary shares of RM1.00 each which have been fully paid. The principal activities of AWSB are investment holding company and the marketing of security seals.

4. Rationale

The rationale for the AOSB Acquisition is an internal corporate restructuring of the Abric Group to facilitate the conditional sale and purchase agreement (“SPA”) between ABRIC and ESNT International Ltd. Kindly refer to the announcements dated 21 July 2014, 24 September 2014 and 1 October 2014 on the details of SPA.

5. Financial Effect of the AOSB Acquisition

The AOSB Acquisition will not have any significant effect on the earnings or net assets of Abric Group for the financial year ending 31 December 2014. It will not have any effect on the share capital and substantial shareholders’ shareholdings of the Company as well.

6. Directors’ and Substantial Shareholders’ Interests

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the AOSB Acquisition.



ABRIC - OTHERS INTERNAL RESTRUCTURING OF ABRIC (HONG KONG) LTD

Announcement Type: General Announcement
Company NameABRIC BERHAD  
Stock Name ABRIC  
Date Announced28 Oct 2014  
CategoryGeneral Announcement
Reference NoCK-141027-64218

TypeAnnouncement
SubjectOTHERS
DescriptionINTERNAL RESTRUCTURING OF ABRIC (HONG KONG) LTD

1. Introduction

The Board of Directors of Abric Berhad (“Abric” or “the Company”) wishes to inform that Abric One Sdn Bhd (“AOSB”), a wholly owned subsidiary of the Company had on 28 October 2014 acquired 10,000 Ordinary Shares of HK$1.00 each in the capital of Abric (Hong Kong) Ltd (“AHK”), representing 100% equity interest in AHK, a company incorporated in Hong Kong, from Abric Worldwide Sdn Bhd (“AWSB”), which is a wholly owned subsidiary of Abric for a total cash consideration of USD1.00 only (hereinafter collectively referred to as the “AHK Restructuring”). Subsequent to the AHK Restructuring, Abric (Hong Kong) Ltd. shall become a wholly owned subsidiary of AOSB and remain as an indirect wholly owned subsidiary of the Company.

2. Information of AHK

AHK is an indirect wholly owned subsidiary of Abric and was incorporated on 30 March 2001 in Hong Kong. The authorised share capital of AHK is HK$10,000 comprising 10,000 ordinary shares of HK$1.00 each which have been issued and fully paid. AHK is presently dormant.

3. Information of AOSB

AOSB is a direct wholly owned subsidiary of Abric and was incorporated on 22 September 1983 in Malaysia. The authorised share capital of AOSB is RM1,000,000.00 comprising 1,000,000 ordinary shares of RM1.00 each while its issued share capital consists of 500,000 ordinary shares of RM1.00 each which have been fully paid. AOSB is presently dormant.

4. Information of AWSB

AWSB is a direct wholly owned subsidiary of Abric and was incorporated on 27 January 1997 in Malaysia. The authorised share capital of AWSB is RM50,000,000.00 comprising 50,000,000 ordinary shares of RM1.00 each while its issued share capital consists of 35,000,000 ordinary shares of RM1.00 each which have been fully paid. The principal activities of AWSB are investment holding company and the marketing of security seals.

5. Rationale

The rationale for the AHK Restructuring is an internal corporate restructuring of the Abric Group to facilitate the conditional sale and purchase agreement (“SPA”) between ABRIC and ESNT International Ltd. Kindly refer to the announcements dated 21 July 2014, 24 September 2014 and 1 October 2014 on the details of SPA.

6. Financial Effect of the AHK Restructuring

The AHK Restructuring will not have any significant effect on the earnings or net assets of Abric Group for the financial year ending 31 December 2014. It will not have any effect on the share capital and substantial shareholders’ shareholdings of the Company as well.

7. Directors’ and Substantial Shareholders’ Interests

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the AHK Restructuring.



No comments:

Post a Comment