October 17, 2014

Company announcements: SEAL, ARMADA, HIGH5, KNM, BERTAM, SUIWAH

SEAL - Notice of Interest Sub. S-hldr (29A) - FANG PERN KOK

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameSEAL INCORPORATED BERHAD  
Stock Name SEAL  
Date Announced17 Oct 2014  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCC-141017-65257

Particulars of Substantial Securities Holder

NameFANG PERN KOK
Address8 Jalan Adams
10450 Penang
NRIC/Passport No/Company No.520402-07-5283
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.40each
Name & address of registered holderFang Siew Poh
8 Jalan Adams, 10450 Penang

Fang Siew Ling
8 Jalan Adams, 10450 Penang

Kesan Anggun Sdn Bhd
16 Persiaran Sungai Ara 3
11900 Penang

HDM Nominees (Tempatan) Sdn Bhd
HDM Capital Sdn Bhd for Kesan Anggun Sdn Bhd
Levels 2, 3, 4, 7 & 8
Wisma Sri Pinang
60 Green Hall
10200 Georgetown, Penang

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired03/10/2014
No of securities45,889,400
Circumstances by reason of which Securities Holder has interestDeemed Interested Via my daughters' interests
Nature of interestDeemed Interest
Price Transacted ($$)0.000

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)45,889,400 
Indirect/deemed interest (%)21.28 
Date of notice06/10/2014

Remarks :
Received notice dated 6 October 2014 on 17 October 2014.

This announcement is dated 17 October 2014


ARMADA - Notice of Person Ceasing (29C) - Karisma Mesra Sdn Bhd

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced17 Oct 2014  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoBA-141017-D5068

Particulars of substantial Securities Holder

NameKarisma Mesra Sdn Bhd
AddressLevel 39, Menara Maxis
Kuala Lumpur City Centre
50088 Kuala Lumpur
NRIC/Passport No/Company No.585153-K
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each in Bumi Armada Berhad (“BAB”) ("BAB Shares")
Date of cessation13/10/2014
Name & address of registered holderKarisma Mesra Sdn. Bhd. ("KMSB")
Level 39, Menara Maxis
Kuala Lumpur City Centre
50088 Kuala Lumpur
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed78,759,550 
Price Transacted ($$)1.350 
Circumstances by reason of which a person ceases to be a substantial securities HolderCeased to be a substantial shareholder of BAB by virtue of the dilution of KMSB’s direct equity interest in BAB Shares from 5.37% to 4.03% of the enlarged issued share capital of BAB (following the Renounceable Rights Issue and the Bonus Issue, as defined below) as a result of:-

(a) renunciation of KMSB’s entitlement to subscribe for 78,759,550 new BAB Shares to which KMSB is entitled pursuant to the renounceable rights issue by BAB of up to 1,479,238,150 new BAB Shares on the basis of 1 new BAB Share for every 2 existing BAB Shares in the share capital of BAB (“Rights Shares”) (“Renounceable Rights Issue”) at an Issue Price of RM1.35 per Rights Share;

(b) issuance and allotment of 78,759,550 new BAB Shares by BAB to KMSB pursuant to the bonus issue of up to 1,479,238,150 new BAB Shares on the basis of 1 new BAB Share for every 2 existing BAB Shares in the share capital of BAB (“Bonus Issue”).
Nature of interestDirect interest
Date of notice13/10/2014

Remarks :
This announcement is based on the information in the Notice of Person Ceasing to be a Substantial Shareholder (Form 29C) dated 13 October 2014 and received by the Company on 17 October 2014.

KMSB's interest in BAB Shares after taking into account the change as stated above is 236,278,650 BAB Shares.


HIGH5 - OTHERS HIGH-5 CONGLOMERATE BERHAD (formerly known as SILVER BIRD GROUP BERHAD) (“the Company” or “High5”) - Commencement of Legal Suit with AmanahRaya Berhad (“the 1st Defendant”), CIMB Islamic Trustee Berhad (as the trustee for AmanahRaya Real Estate Investment Trust) (“the 2nd Defendant”), Dato’ Tan Han Kook and Dato’ Ahmad Rodzi Pawanteh (“the Suit”)

Announcement Type: General Announcement
Company NameHIGH-5 CONGLOMERATE BERHAD  
Stock Name HIGH5  
Date Announced17 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141017-ABD08

TypeAnnouncement
SubjectOTHERS
DescriptionHIGH-5 CONGLOMERATE BERHAD (formerly known as SILVER BIRD GROUP BERHAD) (“the Company” or “High5”)
- Commencement of Legal Suit with AmanahRaya Berhad (“the 1st Defendant”), CIMB Islamic Trustee Berhad (as the trustee for AmanahRaya Real Estate Investment Trust) (“the 2nd Defendant”), Dato’ Tan Han Kook and Dato’ Ahmad Rodzi Pawanteh (“the Suit”)

Further to the announcements made by the Company on 3 September 2013, 12 September 2013, 7 November 2013 and 29 April 2014, the Board of Directors of High-5 wishes to announce that the Company and its subsidiary company, Standard Confectionery Sdn Bhd (“SCSB”), have on 17 October 2014 filed the Suit in High Court of Malaya at Kuala Lumpur against the 1st Defendant, the 2nd Defendant, Dato’ Tan Han Kook (“the 3rd Defendant”) and Dato’ Ahmad Rodzi Pawanteh (“the 4th Defendant”) in relation to land held under Geran 285748, Lot No. 62048, Pekan Baru Hicom, Daerah Petaling, Selangor, measuring approximately 59,336 square meters together with a factory complex, with the address Lot 72, Persiaran Jubli Perak, Seksyen 21, 40000 Selangor Darul Ehsan (“the Property”).

Under the Suit, the Plaintiffs are seeking the following from the court:

(a) A declaration that the title of the 2nd Defendant to the Property is defeasible by virtue of Sections 340(1), (2) and (3) of the National Land Code 1965;

(b) A declaration that the statutory lease dated 6 October 2006 registered at the Land Registry via presentation no. 11855/2007 pertaining to the Property (“the Registered Lease”) is defeasible by virtue of Section 340(1) of the National Land Code 1965;

(c) An order that the transfer of the Property via an instrument of transfer registered vide presentation no. 11854/2007 of the registered proprietorship of the Property from SCSB to the 1st Defendant (“the 1st Transfer”), the transfer of the Property via an instrument of transfer registered vide presentation no. 13468/2008 of the registered proprietorship of the Property from the 1st Defendant to the 2nd Defendant (“the 2nd Transfer”), the lease agreement dated 17 May 2006 between the Company and the 1st Defendant pertaining to the Property (“the Lease Agreement”), the Novation Agreement dated 26 September 2007 between the 1st and 2nd Defendants and the Company pertaining to the Lease Agreement (“the Novation Agreement”), and the supplemental agreement dated 7 May 2013 between the 2nd Defendant and the Company (“the Supplemental Lease Agreement”), be all declared  null and void and be set aside;

(d) A declaration that the sale and purchase agreement dated 17 May 2006 between SCSB and the 1st Defendant as trustee for the common fund for a sale and leaseback (“the SPA”) and the said lease back arrangement is fraudulent and illegal and against public policy;

(e) The SPA, the Lease Agreement, the Novation Agreement and the Supplemental Lease Agreement be declared null and void and unenforceable;

(f) A consequential order that the Registrar of Land Titles be directed pursuant to Section 417 of the National Land Code 1965 to cancel the 1st Transfer, the 2nd Transfer and the Registered Lease;

(g) General, aggravated and punitive damages against the 3rd Defendant and 4th Defendant; and

(h) Such further and other orders as the honourable court deems fit. 

The Board will make such further required announcements on any material developments in the Suit as and when they arise. 

This announcement is dated 17 October 2014.

 

 

 



KNM - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced17 Oct 2014  
CategoryGeneral Announcement
Reference NoOD-141017-58023

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionKNM GROUP BERHAD (“KNM” OR “COMPANY”)

• PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 430,490,762 NEW ORDINARY SHARES OF RM0.50 EACH IN KNM (“KNM SHARE(S) OR “SHARE(S)”) (“RIGHTS SHARE(S)”) ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 5 EXISTING KNM SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER TOGETHER WITH UP TO 215,245,381 NEW FREE DETACHABLE WARRANTS (“WARRANT(S) B”) ON THE BASIS OF 1 WARRANT B FOR EVERY 2 RIGHTS SHARES SUBSCRIBED (“PROPOSED RIGHTS ISSUE WITH WARRANTS”)

• PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF KNM FROM RM1,125,000,000 COMPRISING 2,250,000,000 KNM SHARES TO RM2,500,000,000 COMPRISING 5,000,000,000 KNM SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”); AND

• PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF KNM (“PROPOSED AMENDMENT”)

(COLLECTIVELY TO BE REFERRED TO AS THE “PROPOSALS”)

 

On behalf of the Board of Directors of KNM, Affin Hwang Investment Bank Berhad (formerly known as HwangDBS Investment Bank Berhad) wishes to announce that KNM is proposing to undertake the following:-

 

 (a) a renounceable rights issue of up to 430,490,762 new KNM Shares on the basis of 1 Rights Share for every 5 existing KNM Shares held on an entitlement date to be determined later together with up to 215,245,381 Warrants B on the basis of 1 Warrant B for every 2 Rights Shares subscribed;

 

(b) an increase in the authorised share capital of the Company from RM1,125,000,000 comprising 2,250,000,000 KNM Shares to RM2,500,000,000 comprising 5,000,000,000 KNM Shares; and

 

(c) amendment to the Memorandum of Association of the Company.

 

Further details on the Proposals are set out in the attachment.

This announcement is dated 17 October 2014.

 

 

 

 

 

 

 

Attachments

KNM Announcement-Final.pdf
443 KB



BERTAM - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBERTAM ALLIANCE BERHAD  
Stock Name BERTAM  
Date Announced17 Oct 2014  
CategoryChange in Boardroom
Reference NoCK-141010-74308

Date of change17/10/2014
NameLim Nyuk Foh
Age50
NationalityMalaysian
Type of changeAppointment
DesignationManaging Director
DirectorateExecutive
QualificationsDegree in Finance majoring in Investment from University of Toledo  
Working experience and occupation Mr. Lim Nyuk Foh is the founder and the Managing Director of Priceworth International Berhad, a company listed on the Main Board of Bursa Malaysia in 2004.

He holds a Degree in Finance majoring in Investment from the University of Toledo, United States of America. Coming from a family involved in the timber business, he ventured into the trading of timber for the domestic and foreign market in 1989. In 1990 he founded Priceworth Industries Sdn. Bhd. to undertake the sawmilling and timber extraction business. He has more than 24 years of extensive experience in the timber industry. 
Directorship of public companies (if any)Priceworth International Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 

Remarks :
Gender : Male


SUIWAH - Quarterly rpt on consolidated results for the financial period ended 31/8/2014

Announcement Type: Financial Results
Company NameSUIWAH CORPORATION BERHAD  
Stock Name SUIWAH  
Date Announced17 Oct 2014  
CategoryFinancial Results
Reference NoCS-141017-28639

Financial Year End31/05/2015
Quarter1
Quarterly report for the financial period ended31/08/2014
The figureshave not been audited

Attachments

SCB_Q1 2015.pdf
101 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/08/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/08/2014
31/08/2013
31/08/2014
31/08/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
98,124
92,119
98,124
92,119
2Profit/(loss) before tax
3,320
4,862
3,320
4,862
3Profit/(loss) for the period
2,282
3,367
2,282
3,367
4Profit/(loss) attributable to ordinary equity holders of the parent
2,282
3,368
2,282
3,368
5Basic earnings/(loss) per share (Subunit)
3.98
5.88
3.98
5.88
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
3.5200
3.4900
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


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