October 30, 2014

Company announcements: REDTONE, SUNZEN, KLK, MELEWAR, EDARAN, MYCRON, AIRASIA, SUNWAY, GAMUDA, PERDANA

REDTONE - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced30 Oct 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCK-141028-46699

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployees' Share Option Scheme
No. of shares issued under this corporate proposal12,500
Issue price per share ($$)MYR 0.250
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units517,400,205
CurrencyMYR 51,740,020.500
Listing Date31/10/2014

2. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalFree Detachable Warrants
No. of shares issued under this corporate proposal207,000
Issue price per share ($$)MYR 0.250
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units517,607,205
CurrencyMYR 51,760,720.500
Listing Date31/10/2014


SUNZEN - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameSUNZEN BIOTECH BERHAD (ACE Market) 
Stock Name SUNZEN  
Date Announced30 Oct 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCK-141029-35518

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalFree Warrants
No. of shares issued under this corporate proposal106,666
Issue price per share ($$)MYR 0.100
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units149,667,166
CurrencyMYR 14,966,716.600
Listing Date31/10/2014


KLK - 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 NameKUALA LUMPUR KEPONG BERHAD  
Stock Name KLK  
Date Announced30 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKL-141030-B5A4F

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
[Employees Provident Fund Board (NOMURA)]
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/10/2014
2,200
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect
Direct (units)148,092,238 
Direct (%)13.91 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change148,092,238
Date of notice28/10/2014

Remarks :
Notification received on 30/10/2014


MELEWAR - Annual Audited Accounts - 30 June 2014

Announcement Type: PDF Submission
Company NameMELEWAR INDUSTRIAL GROUP BERHAD  
Stock Name MELEWAR  
Date Announced30 Oct 2014  
CategoryPDF Submission
Reference NoCM-141030-32800

SubjectAnnual Audited Accounts - 30 June 2014


EDARAN - Annual Audited Accounts - 30 June 2014

Announcement Type: PDF Submission
Company NameEDARAN BERHAD  
Stock Name EDARAN  
Date Announced30 Oct 2014  
CategoryPDF Submission
Reference NoEE-141030-48026

SubjectAnnual Audited Accounts - 30 June 2014

Attachments

EDARAN BERHAD FYE2014.pdf
552 KB






MYCRON - Annual Audited Accounts - 30 June 2014

Announcement Type: PDF Submission
Company NameMYCRON STEEL BERHAD  
Stock Name MYCRON  
Date Announced30 Oct 2014  
CategoryPDF Submission
Reference NoCM-141030-33706

SubjectAnnual Audited Accounts - 30 June 2014


AIRASIA - OTHERS Proposed Issue, Offer Or Invitation To Subscribe Or Purchase Of Unrated Subordinated Perpetual Sukuk based on the Shariah Principle of Mudharabah (“Sukuk Mudharabah”) pursuant to a Sukuk Mudharabah Programme of up to RM1,000.0 Million in Nominal Value (“Sukuk Mudharabah Programme”)

Announcement Type: General Announcement
Company NameAIRASIA BERHAD  
Stock Name AIRASIA  
Date Announced30 Oct 2014  
CategoryGeneral Announcement
Reference NoCM-141030-AC96A

TypeAnnouncement
SubjectOTHERS
DescriptionProposed Issue, Offer Or Invitation To Subscribe Or Purchase Of Unrated Subordinated Perpetual Sukuk based on the Shariah Principle of Mudharabah (“Sukuk Mudharabah”) pursuant to a Sukuk Mudharabah Programme of up to RM1,000.0 Million in Nominal Value (“Sukuk Mudharabah Programme”)

1. INTRODUCTION

AirAsia Berhad (“AirAsia” or the “Company”) is pleased to announce that the Company proposes to establish the Sukuk Mudharabah Programme as part of AirAsia’s funding plan and has mandated AmInvestment Bank Berhad to be the sole Principal Adviser, Lead Arranger, Lead Manager and Facility Agent for the Sukuk Mudharabah Programme.

In relation to the above, the Company is pleased to announce that the Securities Commission Malaysia (“SC”) has approved the establishment of the Sukuk Mudharabah Programme and issuance of Sukuk Mudharabah thereunder vide its letter dated 29 October 2014. This approval is subject to compliance with the relevant requirements pertaining to the implementation of the Sukuk Mudharabah Programme as stipulated under the SC’s Guidelines on Sukuk revised on and effective from 28 August 2014 (“Guidelines on Sukuk”).

The Sukuk Mudharabah shall be recognised as equity capital from an accounting perspective.

2. SALIENT FEATURES OF THE SUKUK MUDHARABAH

- Perpetual in tenure, where AirAsia has a call option to redeem the Sukuk Mudharabah at the first call date, which is at end of the fifth, seventh or tenth year to be determined prior to issuance, and on each subsequent periodic distribution date thereafter.

- AirAsia also has the option to redeem the Sukuk Mudharabah under accounting event, tax event, leverage event and shareholder/shareholding event, all of which are further described in the Principal Terms and Conditions of the Sukuk Mudharabah Programme.

- Periodic distributions on the Sukuk Mudharabah can be deferred (in part or in full) at AirAsia’s option, where the deferred periodic distributions are cumulative and not compounding.

- The Sukuk Mudharabah will be issued under the Shariah principle of Mudharabah, an approved Shariah principle under the Guidelines on Sukuk. In addition, the Shariah principle of Musawamah will also be applied in situations of periodic distribution deferment by the Issuer and when the maximum periodic distribution rate applies due to non-redemption by the Issuer under the leverage event or shareholding/shareholder event.

- The Sukuk Mudharabah will not be rated.

- Payment obligations on the Sukuk Mudharabah will at all times, rank ahead of other share capital instruments or security for the time being outstanding, but junior to the claims of all other present and future creditors of AirAsia (other than obligations ranking pari passu with the Sukuk Mudharabah).

3. UTILISATION OF THE PROCEEDS

The proceeds raised from the Sukuk Mudharabah Programme shall be utilised by AirAsia for Shariah-compliant purposes as below:

(i) Up to RM550.0 million to part finance the capital expenditure requirements of AirAsia (Note 1 and Note 2);

(ii) Up to RM2.5 million as estimated expenses relating to the Sukuk Mudharabah Programme (Note 2);

(iii) Up to RM300.0 million to refinance banking facility granted to the Issuer; and

(iv) The remaining balance for Shariah-compliant working capital purposes (Note 3).

Note 1: The capital expenditure requirements pursuant to, without limitation, AirAsia’s aircraft purchase programme whereby deposits and/or contributions are required for the transaction and purchase of the relevant spare parts.

Note 2: Unutilised balance for item (i) and/or item (ii) and/or item (iii) could be utilised for item (iv).

Note 3: AirAsia will use the proceeds, without limitation, to meet AirAsia’s Shariah-compliant working capital requirements to support its business operations, administrative and operating expenses. These include meeting aircraft maintenance reserves and deposits for fuel hedging and fuel payment and other hedging activities. Other hedging activities include but are not limited to foreign currency hedging and interest rate hedging. In addition, the hedging activities undertaken by AirAsia is for supporting the business of AirAsia and not for the purpose of speculation. AirAsia shall endeavour on a best efforts basis to use Shariah-compliant hedging instruments if they are available and competitive in the market. For the avoidance of doubt, the proceeds would exclude working capital requirements related to financial services or other businesses which are Shariah non-compliant.

This announcement is dated 30 October 2014.



SUNWAY - SUNWAY-(i)\tEMPLOYEES' SHARE OPTION SCHEME ("SCHEME")(ii)\tEXERCISE OF 20,000 WARRANTS 2011/2016 ("EXERCISE")

Announcement Type: Listing Circular
Company NameSUNWAY BERHAD  
Stock Name SUNWAY  
Date Announced30 Oct 2014  
CategoryListing Circular
Reference NoNE-141029-65880

LISTING'S CIRCULAR NO. L/Q : 71777 OF 2014

Kindly be advised that the abovementioned Company’s additional 61,800 new ordinary shares of RM1.00 each issued as follows:-

(i) 41,800 new ordinary shares issued pursuant to the aforesaid Scheme; and

(ii) 20,000 new ordinary shares arising from the aforesaid Exercise

will be granted listing and quotation with effect from 9.00 a.m., Friday, 31 October 2014.


GAMUDA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board ("EPF Board")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGAMUDA BERHAD  
Stock Name GAMUDA  
Date Announced30 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-141030-24C8F

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board ("EPF 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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
- EPF Board










Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/10/2014
900,000
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect
Direct (units)177,412,705 
Direct (%)7.63 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change177,412,705
Date of notice28/10/2014

Remarks :
Notice was received on 30 October 2014.


PERDANA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced30 Oct 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCA-141030-50238

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
Yes
Types of corporate proposalOthers
Details of corporate proposalExercise of Warrants
No. of shares issued under this corporate proposal800
Issue price per share ($$)MYR 0.710
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units738,430,075
CurrencyMYR 369,215,037.500
Listing Date31/10/2014


No comments:

Post a Comment