December 31, 2014

Company announcements: FBMKLCI-EA, CIMBA40, CIMBC50, AMBANK, KINSTEL, PERWAJA

FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoFB-141231-9FEB0

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 31 December 2014

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8032
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,761.25

Attachments

FBM KLCI etf 20141231.xls
31 KB



CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141231-AAD5F

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 31-Dec-2014
NAV per unit (RM): 1.8014
Units in circulation (units): 1,350,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,781.30

Attachments

A40.pdf
10 KB



CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 50  
Stock Name CIMBC50  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141231-AAD4C

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 50
Date: 31-Dec-2014
NAV per unit (RM): 1.2005
Units in circulation (units): 10,400,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 18,307.79

Attachments

C50.pdf
124 KB



AMBANK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced31 Dec 2014  
CategoryChange in Boardroom
Reference NoAH-141230-59117

Date of change31/12/2014
NameDato’ Gan Nyap Liou @ Gan Nyap Liow
Age60
NationalityMalaysian
DesignationDirector
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonPursuant to the 9-year rule in respect of the tenure of independent directors of the Group.
[Please see remarks]
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
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
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 :
Y Bhg Dato' Gan was first appointed to the board of a wholly-owned subsidiary of the Company i.e. AmBank (M) Berhad in June 2006 and he will reach 9 years' of service in June 2015. In line with that, Y Bhg Dato' Gan has resigned as a director of the Company and its subsidiaries, namely AmBank (M) Berhad and AmIslamic Bank Berhad on 31 December 2014.


AMBANK - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced31 Dec 2014  
CategoryChange in Audit Committee
Reference NoAH-141230-61803

Date of change31/12/2014
NameDato’ Gan Nyap Liou @ Gan Nyap Liow
Age60
NationalityMalaysian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
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 
Composition of Audit Committee (Name and Directorate of members after change)1. Tan Sri Datuk Dr Aris Osman @ Othman (Independent Non-Executive Director) - Chairman

2. Dato’ Azlan Hashim (Non-Independent Non-Executive Deputy Chairman) - Member

3. Tan Sri Datuk Clifford Francis Herbert (Independent Non-Executive Director) - Member


KINSTEL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced31 Dec 2014  
CategoryChange in Boardroom
Reference NoCK-141230-F3297

Date of change31/12/2014
NameDatin Hong Cheng Guat
Age56
NationalityMalaysian
DesignationDirector
DirectorateExecutive
Type of changeResignation
ReasonTo streamline the board composition
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)Nil 
Family relationship with any director and/or major shareholder of the listed issuerShe is the spouse of Dato' Lew Choon and also the sister of Tan Sri Dato' Sri Pheng Yin Huah and Dato' Hong Thian Hock, who are the directors and major shareholders of Kinsteel Bhd. 
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 subsidiariesDirect interest - 20,972,500 ordinary shares
Indirect interest - 5,560,000 ordinary shares
(Deemed interest pursuant to Section 6A of the Companies Act, 1965 and her children's shareholdings in Kinsteel Bhd) 


KINSTEL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced31 Dec 2014  
CategoryChange in Boardroom
Reference NoCK-141230-06FBA

Date of change31/12/2014
NameChieng Ing Mui
Age66
NationalityMalaysian
DesignationDirector
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonTo streamline the board composition
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)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 


KINSTEL - OTHERS KINSTEEL BHD (“KINSTEEL” OR “THE COMPANY”) REDUCTION OF KINSTEEL’S EQUITY INTEREST IN PERWAJA HOLDINGS BERHAD (“PHB”) AND CESSATION OF PHB AS A SUBSIDIARY OF KINSTEEL

Announcement Type: General Announcement
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoCK-141231-60704

TypeAnnouncement
SubjectOTHERS
DescriptionKINSTEEL BHD (“KINSTEEL” OR “THE COMPANY”)

REDUCTION OF KINSTEEL’S EQUITY INTEREST IN PERWAJA HOLDINGS BERHAD (“PHB”) AND CESSATION OF PHB AS A SUBSIDIARY OF KINSTEEL

The Board of Directors of Kinsteel wishes to announce that Kinsteel has reduced its shareholdings in PHB to 175,000,000 ordinary shares representing 31.25% of the total issued and paid-up share capital of PHB by the disposal of 34,100,000 ordinary shares representing 6.09% of the total issued and paid up share capital of PHB in the market from 19 December 2014 to 30 December 2014 for a total cash consideration of RM1,819,687.60 only.

In line with the reduction of Kinsteel’s shareholding in PHB, the following board members of PHB (who are also Directors/Alternate Director of Kinsteel as at 30 December 2014) have resigned from their respective positions in PHB with effect from 31 December 2014:

1. Dato’ Ong Tee Thong – Resigned as Group Executive Chairman but will continue to remain as a Non-Independent Non-Executive Director;

2. Tan Sri Dato’ Sri Pheng Yin Huah – Resigned as Managing Director but will continue to remain as a Non-Independent Non-Executive Director;

3. Dato’ Pheng Chin Guan – Resigned as Chief Executive Officer and Director;

4. Dato’ Sri Mohd Fauzi bin Yon – Resigned as Non-Independent Non-Executive Director;

5. Mr Pheng Chin Huat – Resigned as Non-Independent Non-Executive Director;

6. Mr Pheng Chin Shiun – Resigned as Non-Independent Non-Executive Director;

7. Dato’ Md Sharif bin Shamsuddin – Resigned as Independent Non-Executive Director; and

8. Encik Shamsudin @ Samad bin Kassim – Resigned as Independent Non-Executive Director and also as Audit Committee Member.

Following Kinsteel’s reduced shareholdings in PHB and the resignations of the abovementioned PHB Directors, Kinsteel ceased to have management control of PHB with effect from 31 December 2014. Hence, PHB will cease to be a subsidiary and shall remain as an associate company of Kinsteel with effect from 31 December 2014.

The financial impact of the above will be reflected in the 2nd Quarter unaudited results of Kinsteel for the 6 months period ended 31 December 2014.

This announcement is dated 31 December 2014



KINSTEL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced31 Dec 2014  
CategoryChange in Boardroom
Reference NoCK-141231-7E24C

Date of change31/12/2014
NamePheng Chin Shiun
Age40
NationalityMalaysian
DesignationAlternate Director
DirectorateExecutive
Type of changeCessation of Office
ReasonDue to the resignation of Datin Hong Cheng Guat as a principal director
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)Nil  
Family relationship with any director and/or major shareholder of the listed issuerHe is the son of Tan Sri Dato' Sri Pheng Yin Huah, who is the director and major shareholder of Kinsteel Bhd. He is also the brother of Dato' Pheng Chin Guan and Mr Pheng Chin Huat who are the directors of Kinsteel Bhd. 
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 subsidiariesDirect interest of 3,475,000 ordinary shares in Kinsteel Bhd. 


PERWAJA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NamePERWAJA HOLDINGS BERHAD  
Stock Name PERWAJA  
Date Announced31 Dec 2014  
CategoryChange in Audit Committee
Reference NoPH-141231-64667

Date of change31/12/2014
NameShamsudin @ Samad Bin Kassim
Age68
NationalityMalaysian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsBachelor of Economics degree from University of Malaya and Masters degree in Public and International Affairs ("MPIA") from University of Pittsburgh, United States of America. 
Working experience and occupation Not applicable 
Directorship of public companies (if any)Director of Century Logistic Holdings Berhad, Ingress Corporation Berhad, Kinsteel Bhd and Multi-Code Electronics Industries (M) 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 subsidiariesPerwaja Holdings Berhad- 25,000 shares (0.004%) and 12,500 warrants (0.004%) 
Composition of Audit Committee (Name and Directorate of members after change)Chieng Ing Mui (Chairman, Independent Non-Executive Director)
Lim Chew Yin (Member, Independent Non-Executive Director)


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