JETSON - MATERIAL LITIGATION
| Company Name | KUMPULAN JETSON BERHAD |
| Stock Name | JETSON |
| Date Announced | 11 Dec 2014 |
| Category | General Announcement |
| Reference No | KJ-141210-AA831 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | NOTICE OF AMICABLE SETTLEMENT AND ARBITRATION BETWEEN JETSON LUCKSOON SDN BHD AND VINCI CONSTRUCTION GRANDS PROJETS SDN BHD |
Kumpulan Jetson Berhad (“Jetson”) wishes to announce that its 80% owned subsidiary, Jetson Lucksoon Sdn Bhd (“JLSB”) had on 10 December 2014 served a Notice of Amicable Settlement and Arbitration (“Notice”) on Vinci Construction Grands Projets Sdn Bhd (“VCGP”) pertaining to, amongst others, the following disputes that have arisen between JLSB and VCGP in connection with or arising from the sub-contract works, namely design, supply, installation and completion of internal glazing and fa ade works – Package 1 and Package 2 (“Sub-Contract Works”) for the project known as “Basement, podium and corporate suites for the proposed development comprising of 3 levels basement car parks, 1 level reception lobby, 7 levels + 1 mezzanine level podium car parks, 1 level amenities & swimming pool and 1 block of 38 levels offices on Lots 43, 44, 133 & 135 Section 58, Kuala Lumpur”: (a) VCGP’s failure and refusal to make payment of all amounts properly due and owing to JLSB, including but not limited to certified progress claims, variation orders and materials purchased and VCGP’s continuous conduct of under certifying JLSB’s claims; (b) VCGP’s unilateral and unlawful conduct in dealing directly with JLSB’s sub-contractors and suppliers without JLSB’s knowledge or consent including but not limited to making direct payments to JLSB’s sub-contractors and suppliers; (c) VCGP’s unlawful interference with JLSB’s scope of works, including but not limited to unlawful procurement of materials purportedly on JLSB’s behalf and taking over of JLSB’s works when there was no basis for such intervention; and (d) VCGP’s wrongful and unlawful deductions, set-offs and back charges without proper and valid justification and without taking into account all of the matters set out in the Notice, especially VCGP’s continued failure to recognise that both packages have been delayed due to VCGP’s failure to meet VCGP’s financial commitments to JLSB. Arising from the disputes set out in the Notice, the intended claim against VCGP is in the region of RM19,264,789.02. The Company is seeking legal advice on the matter and will make further announcement in respect of any material development thereof. This announcement is dated 11 December 2014. | |
SEG - Changes in Sub. S-hldr's Int. (29B) - HAL Investments (Asia) Ltd
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-42193 |
Particulars of substantial Securities Holder
| Name | HAL Investments (Asia) Ltd |
| Address | PO Box 71, Craigmuir Chambers Road Town, Tortola, British Virgin Islands |
| NRIC/Passport No/Company No. | 315840 |
| Nationality/Country of incorporation | British Virgin Islands |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - HAL Holding N.V.
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-42002 |
Particulars of substantial Securities Holder
| Name | HAL Holding N.V. |
| Address | Johan Van Walbeeckplein 11A Willemstad, Curacao |
| NRIC/Passport No/Company No. | 46339 |
| Nationality/Country of incorporation | Curacao |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - HAL Trust
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-41804 |
Particulars of substantial Securities Holder
| Name | HAL Trust |
| Address | c/o 5 avenue des Citronniers 98000 Monaco |
| NRIC/Passport No/Company No. | - |
| Nationality/Country of incorporation | Bermuda |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - Navis Asia Fund VI G.P., Ltd
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-41552 |
Particulars of substantial Securities Holder
| Name | Navis Asia Fund VI G.P., Ltd |
| Address | P.O.Box 309, Ugland House Grand Cayman, KY1-1104 Cayman Islands |
| NRIC/Passport No/Company No. | MC217509 |
| Nationality/Country of incorporation | Cayman Islands |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - Rodney Chadwick Muse
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-41354 |
Particulars of substantial Securities Holder
| Name | Rodney Chadwick Muse |
| Address | No. 17 Bangsar Hill 26 Jalan Medang Serai Bukit Bandaraya 59100 Kuala Lumpur |
| NRIC/Passport No/Company No. | RE 0017492 |
| Nationality/Country of incorporation | St Kitts and Nevis |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - SmartUni 1 Ltd
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-41134 |
Particulars of substantial Securities Holder
| Name | SmartUni 1 Ltd |
| Address | 4th Floor, Tower A, 1 CyberCity, Ebene Mauritius |
| NRIC/Passport No/Company No. | 107948 C1/GBL |
| Nationality/Country of incorporation | Mauritius |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - Navis Capital Partners Limited
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-40937 |
Particulars of substantial Securities Holder
| Name | Navis Capital Partners Limited |
| Address | Floor 4, Willow House, Cricket Square P.O.Box 2804, Grand Cayman KY1-1112, Cayman Islands |
| NRIC/Passport No/Company No. | CR-80918 |
| Nationality/Country of incorporation | Cayman Islands |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - Richard Elletson Foyston
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-40692 |
Particulars of substantial Securities Holder
| Name | Richard Elletson Foyston |
| Address | 23 Jalan Setia Kasih 8 Damansara Heights 50490 Kuala Lumpur |
| NRIC/Passport No/Company No. | GK 860206 |
| Nationality/Country of incorporation | Canadian |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
SEG - Changes in Sub. S-hldr's Int. (29B) - Pinnacle Heritage Solutions Sdn Bhd
| Company Name | SEG INTERNATIONAL BHD |
| Stock Name | SEG |
| Date Announced | 11 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SI-141208-40341 |
Particulars of substantial Securities Holder
| Name | Pinnacle Heritage Solutions Sdn Bhd |
| Address | 43-2 Plaza Damansara Jalan Medan Setia 1 Bukit Damansara 50490 Kuala Lumpur |
| NRIC/Passport No/Company No. | 980644-K |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Five (5)-Year 2010/2015 Warrants ("Warrants") |
| Name & address of registered holder | Tan Sri Clement Hii Chii Kok No. 9, Jalan Teknologi, Taman Sains Selangor Kota Damansara, PJU 5 47810 Petaling Jaya, Selangor |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 05/12/2014 | 6,400,000 | |
| Disposed | 08/12/2014 | 12,800,000 |
| Remarks : |
| This announcement is dated 11 December 2014. |
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