December 29, 2014

Company announcements: WILLOW, MYETFDJ, MYETFID, SPB, MULPHA, PARKSON, YOKO, BRIGHT

WILLOW - Changes in Sub. S-hldr's Int. (29B) - OSK Ventures International Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced29 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-141229-61780

Particulars of substantial Securities Holder

NameOSK Ventures International Berhad
Address7th Floor,
Plaza OSK,
Jalan Ampang,
50450 Kuala Lumpur
NRIC/Passport No/Company No.636117-K
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderOSK Technology Ventures Sdn. Bhd.
7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired26/12/2014
100,000
 

Circumstances by reason of which change has occurredPurchase of shares
- Deemed interested by virtue of OSK Ventures International Berhad, the holding company of OSK Technology Ventures Sdn. Bhd
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)41,491,837 
Indirect/deemed interest (%)17.05 
Total no of securities after change41,491,837
Date of notice29/12/2014

Remarks :
The breakdown of the total no. of securities after change:
1. OSK Capital Partners Sdn. Bhd. - 30,967,737
2. OSK Venture Equities Sdn. Bhd. - 10,300,000
3. OSK Technology Ventures Sdn. Bhd. - 224,100


MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced29 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141229-E11E2

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: MYETFDJ
NAV per unit (RM): 1.1550
Units in circulation (units): 251,900,000.00
Manager's Fee (p.a.): 0.40
Trustee's Fee (% p.a.): 0.05
Index License Fee (% p.a.): 0.04
DJIM25 Index : 1,009.66



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced29 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141229-E11EB

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: MYETFID
NAV per unit (RM): 0.9965
Units in circulation (units): 21,600,000.00
Manager's Fee (p.a.): 0.40
Trustee's Fee (% p.a.): 0.045
Index License Fee (% p.a.): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,274.17



SPB - OTHERS SELANGOR PROPERTIES BERHAD (“SPB” OR “COMPANY”) - REVALUATION OF PROPERTIES

Announcement Type: General Announcement
Company NameSELANGOR PROPERTIES BERHAD  
Stock Name SPB  
Date Announced29 Dec 2014  
CategoryGeneral Announcement
Reference NoCC-141226-66555

TypeAnnouncement
SubjectOTHERS
DescriptionSELANGOR PROPERTIES BERHAD (“SPB” OR “COMPANY”)
- REVALUATION OF PROPERTIES

The Board of Directors of SPB wishes to announce that the Company had undertaken a revaluation exercise on all its investment properties (hereinafter collectively referred to as “Asset”) held by SPB and its subsidiaries (collectively referred to as “the Group”).


The purpose of the revaluation is to comply with the accounting standards under the Financial Reporting Standards (“FRS”) 140 on Investment Property.

Following the revaluation exercise, there is a revaluation surplus for an aggregate amount of RM27.3 million, details as set out in the table below.

This will result in an increase of 7.9 sen in the net asset per share of the Group.

The valuation on the Asset was conducted by VPC Alliance (KL) Sdn Bhd. The date of valuation for the Asset is as at 31 October 2014.

The total value placed on the Asset by the valuer is RM607.5 million.

The valuation report of the Asset is available for inspection at the Registered Office of the Company at Lot 6.05, Level 6, KPMG Tower, 8 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan during normal office hours from Monday to Friday (except for Public Holidays) for a period of three (3) months from the date of this announcement.

This announcement is dated 29 December 2014.

Properties (Malaysia)

Net Book Value as at 31/10/2014 (RM)

Market Value as at 31/10/2014 (RM)

Revaluation Surplus/(Deficit) (RM)

Menara Milenium

330,000,000337,000,0007,000,000

Taman Tunku

27,500,00029,000,0001,500,000

16 units Batai Shop, Jalan Batai, Damansara Heights, Kuala Lumpur

22,000,00023,000,0001,000,000

SPB Towers, Jalan Batai, Damansara Heights, Kuala Lumpur

26,296,00029,340,0003,044,000

Kompleks Pejabat Damansara, Jalan Dungun, Kuala Lumpur

72,000,00078,000,0006,000,000

No 17, Langkat Tunku, Bukit Tunku

3,800,0004,200,000400,000

Gelanggang Land

28,000,00032,000,0004,000,000

Shell Land

4,600,0005,000,000400,000

Hotel Site

66,000,00070,000,0004,000,000

Total

580,196,000

607,540,000

27,344,000



MULPHA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameMULPHA INTERNATIONAL BERHAD  
Stock Name MULPHA  
Date Announced29 Dec 2014  
CategoryGeneral Announcement
Reference NoMI-141229-840C5

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionMULPHA INTERNATIONAL BHD (“MIB”)
- PROPOSED ACQUISITION OF NORWEST MARKETOWN BY NORWEST CITY PTY LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF MIB (“PROPOSED ACQUISITION”)

Further to our announcement dated 22 December 2014 in relation to the Proposed Acquisition, we wish to inform that the commencement and expected completion dates of the development, total development cost and expected profits have yet to be determined, as the proposed development will be subject to the approvals from the relevant authorities. Applications to the relevant authorities will be submitted only at a later stage.

 

 

 

This announcement is dated 29 December 2014.

 

 



PARKSON - OTHERS Announcement by Parkson Retail Group Limited - Update on Discloseable Transaction in relation to the Acquisition of the Qingdao Shopping Mall

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced29 Dec 2014  
CategoryGeneral Announcement
Reference NoPH-141229-69090

TypeAnnouncement
SubjectOTHERS
DescriptionAnnouncement by Parkson Retail Group Limited
- Update on Discloseable Transaction in relation to the Acquisition of the Qingdao Shopping Mall

We attach herewith the announcement made to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 29 December 2014 by Parkson Retail Group Limited (“PRGL”), a 52.10% owned subsidiary of the Company listed on The HKEx, in relation to the entering into a Sales and Purchase Agreement between Qingdao Lion Plaza Retail Management Co., Ltd. (“Qingdao Lion Plaza”), an indirect wholly-owned subsidiary of PRGL, and Shanghai Industrial Qingdao Development Co., Ltd. (“Vendor”) for the acquisition by Qingdao Lion Plaza from the Vendor of the Qingdao Shopping Mall at the acquisition price of Rmb1,422,320,000.

Attachments

PRGL Announcement.pdf
146 KB



YOKO - OTHERS YOKOHAMA INDUSTRIES BERHAD (“YOKOHAMA” OR THE “COMPANY”) HEADS OF AGREEMENT (“HOA”) FOR THE SALE BY HSG INVESTMENTS PTE LTD (“HSG”) OF ITS ENTIRE EQUITY INTEREST IN YOKOHAMA TO FORDINGTON PTE LTD (“FORDINGTON”) AND/OR ITS NOMINEES CONSISTING OF 53,025,118 ORDINARY SHARES OF RM0.50 EACH (“SUBJECT SHARES”) REPRESENTING APPROXIMATELY 62.16% OF THE ISSUED AND PAID UP SHARE CAPITAL OF YOKOHAMA (EXCLUDING TREASURY SHARES)

Announcement Type: General Announcement
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced29 Dec 2014  
CategoryGeneral Announcement
Reference NoCC-141229-89A20

TypeAnnouncement
SubjectOTHERS
DescriptionYOKOHAMA INDUSTRIES BERHAD (“YOKOHAMA” OR THE “COMPANY”)
HEADS OF AGREEMENT (“HOA”) FOR THE SALE BY HSG INVESTMENTS PTE LTD (“HSG”) OF ITS ENTIRE EQUITY INTEREST IN YOKOHAMA TO FORDINGTON PTE LTD (“FORDINGTON”) AND/OR ITS NOMINEES CONSISTING OF 53,025,118 ORDINARY SHARES OF RM0.50 EACH (“SUBJECT SHARES”) REPRESENTING APPROXIMATELY 62.16% OF THE ISSUED AND PAID UP SHARE CAPITAL OF YOKOHAMA (EXCLUDING TREASURY SHARES)

Pursuant to Section 11(2) of the Malaysian Code on Take-Overs and Mergers, 2010 (“Code”), we wish to announce that the Board of Directors of the Company (“Board”) had today been notified by Mercury Securities Sdn Bhd, on behalf of Fordington, that Fordington had entered into a HOA with our controlling shareholder, HSG, for the acquisition of the entire equity stake of HSG in Yokohama, consisting of the Subject Shares, representing approximately 62.16% of the issued and paid-up share capital in Yokohama (excluding treasury shares) at a cash purchase price of RM1.70 per Subject Share.

The acquisition of the Subject Shares is conditional upon the favourable outcome of a due diligence on the Company and the negotiation and execution of a definitive agreement. Upon execution of the HOA, the parties shall negotiate in good faith to enter into a definitive agreement, which shall be finalised shortly after Fordington obtains satisfactory due diligence findings. This may give rise to a potential obligation of Fordington to extend a mandatory take-over offer in accordance with Section 218(2) of the Capital Markets and Services Act, 2007 and Section 9(1), Part III of the Code, to acquire all the remaining ordinary shares of RM0.50 each in Yokohama other than the Subject Shares to be acquired from HSG under the definitive agreement to be executed.

The Board has agreed for Fordington to perform a limited due diligence (to the extent permitted by the applicable laws and regulations) on the Company. Please refer to the press release enclosed for further details on the HOA.

Where appropriate, further announcements will be made in due course.

This announcement is dated 29 December 2014.

Attachments

Press release.pdf
114 KB



BRIGHT - Changes in Sub. S-hldr's Int. (29B) - Wong SK Holdings Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced29 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141229-61651

Particulars of substantial Securities Holder

NameWong SK Holdings Sdn Bhd
AddressWong SK Holdings Sdn Bhd, No. 35-1, Jalan Bandar 16, Pusat Bandar Puchong, 47100 Puchong, Selangor
NRIC/Passport No/Company No.729123-K
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderWong SK Holdings Sdn Bhd
No. 35-1, Jalan Bandar 16, Pusat Bandar Puchong, 47100 Puchong, Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired29/12/2014
2,300,000
 

Circumstances by reason of which change has occurredPurchase in Open Market
Nature of interestDirect
Direct (units)47,102,877 
Direct (%)32.98 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change47,102,877
Date of notice29/12/2014

Remarks :
The Form 29B was received by the Company on 29 December 2014


BRIGHT - Changes in Sub. S-hldr's Int. (29B) - Dato' Wong Shee Kai

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced29 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141229-60815

Particulars of substantial Securities Holder

NameDato' Wong Shee Kai
AddressNo. 5, Jalan Enak 2, Taman Gembira, 58200 Kuala Lumpur
NRIC/Passport No/Company No.811212-14-5957
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderWong SK Holdings Sdn Bhd
No. 35-1, Jalan Bandar 16, Pusat Bandar Puchong, 47100 Puchong, Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired29/12/2014
2,300,000
 

Circumstances by reason of which change has occurredPurchase in Open Market
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)47,102,877 
Indirect/deemed interest (%)32.98 
Total no of securities after change47,102,877
Date of notice29/12/2014

Remarks :
1. Deemed interest by virtue of his shareholdings in Wong SK Holdings Sdn Bhd pursuant to Section 6A of the Companies Act, 1965

2. The Form 29B was received by the Company on 29 December 2014


BRIGHT - Changes in Sub. S-hldr's Int. (29B) - Teh Sew Wan

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced29 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141226-62987

Particulars of substantial Securities Holder

NameTeh Sew Wan
AddressNo. 5, Jalan Enak 2, Taman Gembira, 58200 Kuala Lumpur
NRIC/Passport No/Company No.500127-10-5696
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderWong SK Holdings Sdn Bhd
No. 35-1, Jalan Bandar 16, Pusat Bandar Puchong, 47100 Puchong, Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/12/2014
2,202,000
 

Circumstances by reason of which change has occurredPurchase in Open Market
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)44,802,877 
Indirect/deemed interest (%)31.37 
Total no of securities after change44,802,877
Date of notice25/12/2014

Remarks :
1. Deemed interest by virtue of her shareholdings in Wong SK Holdings Sdn Bhd pursuant to Section 6A of the Companies Act, 1965

2. The Form 29B was received by the Company on 26 December 2014


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