LBS - OTHERS NEW SUBSIDIARY OF LBS BINA GROUP BERHAD
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 14 Nov 2014 |
| Category | General Announcement |
| Reference No | LB-141114-80F1F |
| Type | Announcement | ||||||||||||
| Subject | OTHERS | ||||||||||||
| Description | NEW SUBSIDIARY OF LBS BINA GROUP BERHAD | ||||||||||||
1. Introduction The Board of LBS Bina Group Berhad (“LBGB” or “Company”) wishes to inform that its wholly- owned subsidiary, LBS Bina Holdings Sdn Bhd (“LBS”) has on 14 November 2014 acquired Two Hundred and Fifty Five Thousand (255,000) ordinary shares of RM1.00 each (“Said Shares”) representing 51% equity interest of Iringan Kejora Sdn Bhd (“IKSB”) for a total cash consideration of Ringgit Malaysia Two Hundred and Fifty Five Thousand (RM255,000) only (“Acquisition”) in the following manners:-
2. Background Information on LBS LBS was incorporated in Malaysia on 11 October 1982 as a private limited company and is having its authorized share capital of RM500,000,000.00 divided into 500,000,000 ordinary shares of RM1.00 each of which 198,336,000 ordinary shares of RM1.00 each have been issued and fully paid-up. LBS is a wholly-owned subsidiary of the Company. The principal activities of LBS are property development and investment holding.
3. Background Information on IKSB IKSB was incorporated in Malaysia on 21 April 2004 as a private limited company and is having its authorized share capital of RM500,000.00 divided into 500,000 ordinary shares of RM1.00 each of which 500,000 ordinary shares have been issued and fully paid-up. IKSB has not commenced business since its incorporation. The intended business activity of IKSB is property development.
4. Background Information of Vendors
a. SRSB SRSB was incorporated in Malaysia on 23 February 1988 as a private limited company and is having its authorized share capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each of which 3,000,000 ordinary shares have been issued and fully paid-up. SRSB is a wholly-owned subsidiary of LBS and its principal activity are property development and investment holding.
b. Azizulkhir bin Abdul Wahab Azizulkhir bin Abdul Wahab is the director and shareholder of several subsidiaries of LBGB.
5. Consideration of the transaction The cash consideration of RM255,000-00 was arrived based on a “willing buyer willing seller” basis after taking into consideration the net book value of IKSB.
6. Rationale of the Acquisition IKSB to be established with business activities involving property development.
7. Effects of the Acquisition Upon completion of the Acquisition, LBS shall hold 51% of the entire issued and paid-up share capital of IKSB and this would render IKSB a subsidiary of the Company.
8. Financial Effects 8.1 Issued and Paid-up Capital and Substantial Shareholders’ Shareholdings The Acquisition will not have any effect on the issued and paid-up share capital of the Company as well as its substantial shareholders and their shareholdings.
8.2 Net Assets (“NA”), Gearing and Earnings The Acquisition is not expected to have any material impact on the NA, Gearing and Earnings of the Group for the financial year ending 31 December 2014.
9. Directors’ and Substantial Shareholders’ Interest Dato’ Sri Lim Hock San JP, Datuk Wira Lim Hock Guan, Mej. (K) Dato’ Sri Lim Hock Sing, Datuk Lim Hock Seong, Chia Lok Yuen and Lim Mooi Pang are the Board members of LBGB, LBS and SRSB.
Maj. Jen. Dato’ Mohamed Isa bin Che Kak (B) is a director of SRSB and Azizulkhir bin Abdul Wahab is the director and shareholder of the subsidiaries of LBGB.
Save as disclosed above, none of the Directors, substantial shareholders of LBGB and or persons connected with them has any interest or deemed interest, direct or indirect, in the Acquisition.
10. Approval Required The Acquisition is not subject to the approval of LBGB’s shareholders.
This announcement is made pursuant to Paragraph 9.19(23) of the Listing Requirements of Bursa Malaysia Securities Berhad.
11. Statement by Directors After having considered all aspects of the Acquisition, the Board of Directors (except for the interested or deemed interested directors) of LBGB is of the opinion that the Acquisition is fair, reasonable and in the best interest of LBGB Group.
This announcement is dated 14 November 2014.
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CRESNDO - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | CRESCENDO CORPORATION BERHAD |
| Stock Name | CRESNDO |
| Date Announced | 14 Nov 2014 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | CC-141113-66C7A |
DIGI-C1 - Listing Information & Profile for Structured Warrants
| Name | DIGI-C1: CW DIGI.COM BERHAD (RHB) |
| Stock Name | DIGI-C1 |
| Date Announced | 14 Nov 2014 |
| Category | Listing Information & Profile |
| Reference No | MI-141113-5AEE6 |
| Instrument Type | Structured Warrants |
| Type of Structure Warrants | Call Warrants |
| Description | NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS |
| Underlying Stock | DIGI.COM BERHAD |
| Issuer | RHB INVESTMENT BANK BERHAD |
| Stock Code | 6947C1 |
| Stock Short Name | DIGI-C1 |
| ISIN Code | MYL6947C1PB0 |
| Board | Structured Warrants |
| Sector | IPC |
Initial Listing Information | |
| Listing Date | 17/11/2014 |
| Term Sheet Date | 14/11/2014 |
| Issue Date | 14/11/2014 |
| Issue/ Ask Price | MYR 0.1500 |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 40,000,000 |
| Maturity Date | 13/11/2015 |
| Exercise/Strike/Conversion Price | MYR 5.8000 |
| Revised Exercise/Strike/Conversion Price |  |
| Exercise/ Conversion Ratio | 8:1 |
| Revised Exercise/ Conversion Ratio | |
| Settlement Type/ Convertible into | Cash |
| Name and contact details of market maker (if applicable) | RHB Investment Bank Berhad Derivatives & Structured Products 21st Floor, Plaza OSK Jalan Ampang 50450 Kuala Lumpur Telephone no. : (603) 2162 0288 Facsimile no. : (603) 2163 4836 |
| Circumstances under which the market maker may not be able to provide quotes (if applicable) | Please refer to Section 5.4 of the Base Prospectus dated 16 July 2014, First Supplementary Base Prospectus dated 3 November 2014 and Section 3.1 of the Term Sheet dated 14 November 2014. |
PFCE - GENERAL MEETINGS: NOTICE OF MEETING (Amended Announcement)
| Company Name | PFCE BERHAD |
| Stock Name | PFCE |
| Date Announced | 14 Nov 2014 |
| Category | General Meetings |
| Reference No | CM-141113-85D0F |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | Fourteenth Annual General Meeting ("14th AGM") of the Company will be held on Tuesday, 2 December 2014, at 9.00 a.m. The full text of the amended Notice of PFCE's 14th AGM is attached, which included the explanatory notes. |
| Date of Meeting | 02/12/2014 |
| Time | 09:00 AM |
| Venue | Tioman Room, Bukit Jalil Golf & Country Resort, Jalan Jalil Perkasa 3, Bukit Jalil, 57000 Kuala Lumpur, Malaysia. |
| Date of General Meeting Record of Depositors | 24/11/2014 |
DIALOG-C2 - Listing Information & Profile for Structured Warrants
| Name | DIALOG-C2: CW DIALOG GROUP BERHAD (RHB) |
| Stock Name | DIALOG-C2 |
| Date Announced | 14 Nov 2014 |
| Category | Listing Information & Profile |
| Reference No | MI-141113-583F3 |
| Instrument Type | Structured Warrants |
| Type of Structure Warrants | Call Warrants |
| Description | NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS |
| Underlying Stock | DIALOG GROUP BERHAD |
| Issuer | RHB INVESTMENT BANK BERHAD |
| Stock Code | 7277C2 |
| Stock Short Name | DIALOG-C2 |
| ISIN Code | MYL7277C2PB6 |
| Board | Structured Warrants |
| Sector | TRADING/SERVICES |
Initial Listing Information | |
| Listing Date | 17/11/2014 |
| Term Sheet Date | 14/11/2014 |
| Issue Date | 14/11/2014 |
| Issue/ Ask Price | MYR 0.1500 |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 40,000,000 |
| Maturity Date | 13/11/2015 |
| Exercise/Strike/Conversion Price | MYR 1.6000 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/ Conversion Ratio | 2:1 |
| Revised Exercise/ Conversion Ratio | |
| Settlement Type/ Convertible into | Cash |
| Name and contact details of market maker (if applicable) | RHB Investment Bank Berhad Derivatives & Structured Products 21st Floor, Plaza OSK Jalan Ampang 50450 Kuala Lumpur Telephone no. : (603) 2162 0288 Facsimile no. : (603) 2163 4836 |
| Circumstances under which the market maker may not be able to provide quotes (if applicable) | Please refer to Section 5.4 of the Base Prospectus dated 16 July 2014, First Supplementary Base Prospectus dated 3 November 2014 and Section 3.1 of the Term Sheet dated 14 November 2014. |
THETA - MATERIAL LITIGATION
| Company Name | THETA EDGE BERHAD |
| Stock Name | THETA |
| Date Announced | 14 Nov 2014 |
| Category | General Announcement |
| Reference No | CP-141113-64154 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | THETA EDGE BERHAD ("THETA" OR "THE COMPANY") SHAH ALAM HIGH COURT SUIT NO. 22NCVC-454-09/2014 IMPIANAS SDN. BHD. versus TENAGA NASIONAL BERHAD |
Further to the announcement made on 25 September 2014, Theta Edge Berhad (“Theta” or “The Company”) wishes to announce that Tenaga Nasional Berhad (“TNB”) had filed their Defence and Counterclaim against the Writ of Summon which had been served on them by Impianas Sdn Bhd (“ISB”), a wholly owned subsidiary of Theta. | |
WCT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | WCT HOLDINGS BERHAD |
| Stock Name | WCT |
| Date Announced | 14 Nov 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | WW-141114-49EB7 |
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. | EPFACT1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (86,834,622 Shares) Employees Provident Fund Board (1,739,346 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(AFFIN-HWG)(7,028,584 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) (2,312,395 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (5,834,770 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (949,400 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (3,706,960 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,222,000 Shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 11/11/2014 | 59,100 |
| Remarks : |
| Form 29B dated 12 November 2014 was received on 14 November 2014. |
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