November 24, 2014

Company announcements: OLDTOWN, WPRTS, LITRAK, QL, UNIMECH, KNM, KEINHIN, KAWAN, YINSON

OLDTOWN - Changes in Sub. S-hldr's Int. (29B) - Franklin Resources, Inc.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameOLDTOWN BERHAD  
Stock Name OLDTOWN  
Date Announced24 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-141124-42242

Particulars of substantial Securities Holder

NameFranklin Resources, Inc.
AddressOne Franklin Parkway
San Mateo, CA 94403-1906
NRIC/Passport No/Company No.484026
Nationality/Country of incorporationUnited States
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Asing) Sdn Bhd
10, Jalan Munshi Abdullah
50100 Kuala Lumpur
(2,198,500 Ordinary Shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur
(552,100 Ordinary Shares of RM1.00 each)

HSBC Nominees (Asing) Sdn Bhd
No. 2, Leboh Ampang
50100 Kuala Lumpur
(25,733,400 Ordinary Shares of RM1.00 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/11/2014
93,300
 

Circumstances by reason of which change has occurredAll shares are sold on the open market for investment purposes only. The shares are beneficially held by a group of funds and managed accounts that are managed by investment advisers directly and indirectly owned by Franklin Resources, Inc.
Nature of interestDirect
Direct (units)28,484,000 
Direct (%)6.39 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change28,484,000
Date of notice21/11/2014

Remarks :
The Notice of Change in the Interest of Substantial Shareholder (Form 29B) dated 21 November 2014 was received by the Company on 24 November 2014.


WPRTS - Changes in Director's Interest (S135) - Dato' Yusli bin Mohamed Yusoff

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWESTPORTS HOLDINGS BERHAD  
Stock Name WPRTS  
Date Announced24 Nov 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141124-B317B

Information Compiled By KLSE

Particulars of Director

NameDato' Yusli bin Mohamed Yusoff
Address49, Jalan Seri Beringin 2
Seri Beringin
Bukit Damansara
50490 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)
Disposed
21/11/2014
150,000
3.127 

Circumstances by reason of which change has occurredDisposal of shares in the open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)200,000 
Direct (%)0.0058 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice21/11/2014

Remarks :
The Notice was received on 24 November 2014.


LITRAK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameLINGKARAN TRANS KOTA HOLDINGS BERHAD  
Stock Name LITRAK  
Date Announced24 Nov 2014  
CategoryChange in Boardroom
Reference NoLT-141121-57535

Date of change24/11/2014
NameDato' Lin Yun Ling
Age58
NationalityMalaysian
DesignationDirector
DirectorateNon Independent & Non Executive
Type of changeResignation
ReasonDato' Lin Yun Ling has tendered his resignation as Director of Lingkaran Trans Kota Holdings Berhad
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsN/A 
Working experience and occupation N/A 
Directorship of public companies (if any)N/A 
Family relationship with any director and/or major shareholder of the listed issuerN/A 
Any conflict of interests that he/she has with the listed issuerN/A 
Details of any interest in the securities of the listed issuer or its subsidiariesN/A 


LITRAK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameLINGKARAN TRANS KOTA HOLDINGS BERHAD  
Stock Name LITRAK  
Date Announced24 Nov 2014  
CategoryChange in Boardroom
Reference NoLT-141119-52759

Date of change24/11/2014
NameDato’ Ir Ha Tiing Tai
Age60
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateNon Independent & Non Executive
QualificationsDato’ Ir Ha Tiing Tai holds a Bachelor of Engineering (Honours) degree from University of Malaya. He is a Professional Engineer registered with the Board of Engineers, Malaysia; a Chartered Structural Engineer and a Chartered Engineer registered with the Engineering Councils, UK; a Fellow of the Institution of Engineers Malaysia; a Fellow of The Institution of Civil Engineers, UK; a Fellow of the Institution of Structural Engineers, UK and a Fellow of the Institution of Highways And Transportation, UK. 
Working experience and occupation A civil engineer, Dato’ Ir Ha has 37 years of experience in the engineering and construction sectors. He has extensive experience in large-scale design-and-build (DAB) projects and build-operate-transfer (BOT) projects from project inception to project financing and implementation, both in Malaysia and overseas.

Dato’ Ir Ha was appointed to the Board of Gamuda Berhad on 1 February 1990. He was promoted to Deputy Group Managing Director on 1 June 2012. As Deputy Group Managing Director, Dato’ Ir Ha assists the Group Managing Director in managing Gamuda Group’s local and international engineering and construction, property development and infrastructure concession business divisions. Currently, through Gamuda Berhad’s role as Project Delivery Partner (PDP), and Underground Works contractor, he also manages the implementation of the massive Klang Valley Mass Rapid Transit (KVMRT) Project.

Dato’ Ir Ha’s expertise and extensive experience particularly in large and complex projects enable him to contribute significantly to the Gamuda Group’s business and to its Board. He was also appointed Vice President of the China Economic & Trade Promotion Agency in September 2010 on a 5-year term. 
Directorship of public companies (if any)Gamuda Berhad
Danau Permai Resort Berhad
Gamuda Water Sdn Bhd 
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 subsidiariesLingkaran Trans Kota Holdings Berhad

Direct Interest: 465,000 shares (0.09%)
Indirect Interest: 5,000 shares (0.00%) 

Remarks :
Male


QL - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced24 Nov 2014  
CategoryGeneral Announcement
Reference NoMI-141124-57166

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionQL RESOURCES BERHAD (“QL” OR THE “OFFEROR”)

CONDITIONAL TAKE-OVER OFFER BY QL TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN LAY HONG BERHAD (“LHB”) NOT ALREADY HELD BY THE OFFEROR ("OFFER SHARES") (“OFFER”)

We refer to the offer document dated 15 October 2014 (“Offer Document”) and the previous announcements made in relation to the Offer. 

On behalf of the Offeror, RHB Investment Bank Berhad wishes to announce that the closing time and date of the Offer has been extended from 5.00 p.m. (Malaysian time) on Wednesday, 26 November 2014 to 5.00 p.m. (Malaysian time) on Wednesday, 10 December 2014, being the extended closing time and date of the Offer (“Extended Closing Date”). Save for the Extended Closing Date, all other terms and conditions of the Offer as set out in the Offer Document shall remain unchanged. 

Accordingly, a written notification on the Extended Closing Date will be posted to the holders of the Offer Shares (including the holders of Offer Shares who have accepted the Offer).  

Please refer to the attached press notice for further details.

This announcement is dated 24 November 2014.



UNIMECH - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameUNIMECH GROUP BERHAD  
Stock Name UNIMECH  
Date Announced24 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoUG-141124-63726

Date of buy back24/11/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)14,000
Minimum price paid for each share purchased ($$)1.570
Maximum price paid for each share purchased ($$)1.590
Total consideration paid ($$)22,322.61
Number of shares purchased retained in treasury (units)14,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)8,834,866
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.0117

Remarks :
The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty.


KNM - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced24 Nov 2014  
CategoryGeneral Announcement
Reference NoOD-141124-60711

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

(I) 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”);

(II) 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

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

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement dated 17 October 2014 in relation to the Proposals.

We refer to the announcements dated 17 October 2014 and 12 November 2014 in relation to the Proposals. 

On behalf of the Board, Affin Hwang IB wishes to announce that, Bursa Securities has vide its letter dated 21 November 2014, approved the following:

 

(i) admission to the Official List and the listing and quotation of up to 215,245,381 Warrants B to be issued pursuant to the Proposed Rights Issue with Warrants;

 

(ii) listing and quotation of up to 430,490,762 Rights Shares to be issued pursuant to the Proposed Rights Issue with Warrants;

 

(iii) listing and quotation of up to 215,245,381 new KNM Shares to be issued pursuant to the exercise of the Warrants B;

 

(iv) listing and quotation of up to 16,013,094 additional Warrants A to be issued arising from the adjustments pursuant to the Proposed Rights Issue with Warrants;

 

(v) listing and quotation of up to 16,013,094 new KNM Shares to be issued pursuant to the exercise of the additional Warrants A; and

 

(vi) listing and quotation of up to 11,074,934 new KNM Shares to be issued pursuant to the exercise of additional ESOS options arising from ESOS adjustments pursuant to the Proposed Rights Issue with Warrants.

 

The approval by Bursa Securities for the Proposed Rights with Warrants is subject to the following conditions:

 

(i) KNM and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Rights Issue with Warrants;

 

(ii) KNM and Affin Hwang IB to inform Bursa Securities upon the completion of the Proposed Rights Issue with Warrants;

 

(iii) KNM to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue with Warrants is completed;

 

(vi) KNM to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants B and Warrants A as at the end of each quarter together with a detail computation of listing fees payable; and

 

(vii) To incorporate Bursa Securities’ comments in respect of the draft Circular to shareholders.

  

  

This announcement is dated 24 November 2014.

 

 



KEINHIN - OTHERS KEIN HING INTERNATIONAL BERHAD (“KHIB” OR “THE COMPANY”) Proposed Construction of a Factory on a Freehold Industrial Lan

Announcement Type: General Announcement
Company NameKEIN HING INTERNATIONAL BERHAD  
Stock Name KEINHIN  
Date Announced24 Nov 2014  
CategoryGeneral Announcement
Reference NoCC-141117-58891

TypeAnnouncement
SubjectOTHERS
DescriptionKEIN HING INTERNATIONAL BERHAD (“KHIB” OR “THE COMPANY”)
Proposed Construction of a Factory on a Freehold Industrial Lan

KHIB wishes to announce that Kein Hing Industry Sdn. Bhd. (“KHI”), a wholly-owned subsidiary of the Company had on 24 November 2014 awarded a construction contract to a third party main contractor for the proposed construction of a factory on the freehold industrial land located at Lot 5038, Jalan Perindustrian HP4, HICOM Pegoh Industrial Park, Mukim Pegoh, 78000 Alor Gajah, Melaka owned by KHI for a total construction cost of approximately RM6.1 million (the “Proposed Construction”).

Please refer to the attachment for details of the announcement.

This announcement is dated 24 November 2014.



KAWAN - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameKAWAN FOOD BERHAD  
Stock Name KAWAN  
Date Announced24 Nov 2014  
CategoryGeneral Meetings
Reference NoCC-141124-56327

Type of MeetingEGM
IndicatorOutcome of Meeting
Date of Meeting24/11/2014
Time10:30 AM
VenueLot 2A, Persiaran Kemajuan, Seksyen 16, 40000 Shah Alam, Selangor Darul Ehsan
Outcome of Meeting

The Board of Directors of Kawan Food Berhad (“Kawan Food”) wishes to announce that all the resolutions set out in the Notice of Extraordinary General Meeting of Kawan Food (“EGM”) dated 31 October 2014 have been approved by the shareholders at the EGM held today.



YINSON - 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 NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced24 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-141124-0AE45

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 incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn. Bhd.
Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang
50450 Kuala Lumpur
(Disposal of 747,200 shares on 19 November 2014. Currently held 41,728,300 shares)

Citigroup Nominees (Tempatan) Sdn. Bhd.
Employees Provident FD BD (KIB)
(There is no change in shareholding. Currently held 1,600,000 shares)

Citigroup Nominees (Tempatan) Sdn. Bhd.
Employees Provident Fund Board (AFFIN-HWG)
(There is no change in shareholding. Currently held 9,683,000 shares)

Citigroup Nominees (Tempatan) Sdn. Bhd.
Employees Provident Fund Board (NOMURA)
(There is no change in shareholding. Currently held 720,400 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/11/2014
747,200
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect
Direct (units)53,731,700 
Direct (%)5.203 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change53,731,700
Date of notice20/11/2014

Remarks :
The Form 29B was received by the Company on 24 November 2014.


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