November 14, 2014

Company announcements: PIE

PIE - Quarterly rpt on consolidated results for the financial period ended 30/9/2014

Announcement Type: Financial Results
Company NameP.I.E. INDUSTRIAL BERHAD  
Stock Name PIE  
Date Announced14 Nov 2014  
CategoryFinancial Results
Reference NoCA-141107-38311

Financial Year End31/12/2014
Quarter3
Quarterly report for the financial period ended30/09/2014
The figureshave not been audited

Attachments

PIE_(Q3-2014).pdf
216 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2014
30/09/2013
30/09/2014
30/09/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
131,428
116,394
404,022
306,316
2Profit/(loss) before tax
10,532
13,315
32,435
33,559
3Profit/(loss) for the period
8,286
10,483
25,306
25,569
4Profit/(loss) attributable to ordinary equity holders of the parent
8,286
10,483
25,306
25,569
5Basic earnings/(loss) per share (Subunit)
10.79
13.66
32.97
33.31
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
20.00
32.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
3.9300
4.5000
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


Company announcements: SHCHAN

SHCHAN - Quarterly rpt on consolidated results for the financial period ended 30/9/2014

Announcement Type: Financial Results
Company NameSIN HENG CHAN (MALAYA) BERHAD  
Stock Name SHCHAN  
Date Announced14 Nov 2014  
CategoryFinancial Results
Reference NoSH-141105-29981

Financial Year End31/12/2014
Quarter3
Quarterly report for the financial period ended30/09/2014
The figureshave not been audited

Attachments

SHC - 3rd Quarter 2014.pdf
159 KB


Remarks :
The Unaudited Condensed Consolidated Financial Statements for the quarter ended 30 September 2014 should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2013.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2014
30/09/2013
30/09/2014
30/09/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
4,919
4,843
14,870
11,773
2Profit/(loss) before tax
-652
-1,119
-2,663
-4,528
3Profit/(loss) for the period
-598
-1,048
-2,500
-4,315
4Profit/(loss) attributable to ordinary equity holders of the parent
-598
-1,048
-2,500
-4,315
5Basic earnings/(loss) per share (Subunit)
-0.52
-0.94
-2.17
-3.86
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.5800
0.5900

Remarks :
The Unaudited Condensed Consolidated Financial Statements for the quarter ended 30 September 2014 should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2013.
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


Company announcements: KIANJOO, ABRIC, LONBISC, MINETEC, YINSON, KEN, AWC, BHIC, WCT, IDEALUBB

KIANJOO - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameKIAN JOO CAN FACTORY BERHAD  
Stock Name KIANJOO  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoKJ-141114-55582

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionKuala Lumpur High Court Suit No. 22NCC-152-05/2014
Dato’ See Teow Guan
(Suing in a personal capacity and in a representative capacity on behalf and for the benefit of the 6th Defendant, Kian Joo Can Factory Berhad)
(“Plaintiff”)

-versus-

1. Yeoh Jin Hoe (“YJH”)
2. Chee Khay Leong (“CKL”)
3. Aspire Insight Sdn Bhd (“Aspire”)
4. Can-One Berhad (“Can-One”)
5. Can-One International Sdn Bhd (“Can-One International”)
6. Kian Joo Can Factory Berhad (“Kian Joo”)
7. Box-Pak (Malaysia) Bhd (“Box-Pak”)

(collectively, referred to as “the Defendants”)

We refer to our announcement dated 29 October 2014 in respect of the above matter.

The striking out application by Kian Joo was fixed for clarification/decision on 14 November 2014.

Upon further clarification and submission, the Kuala Lumpur High Court allowed Kian Joo's striking out application with costs of RM30,000. As a result, the Plaintiff's amended Writ of Summons and amended Statement of Claim have been struck out.


This announcement is dated 14 November 2014.



ABRIC - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameABRIC BERHAD  
Stock Name ABRIC  
Date Announced14 Nov 2014  
CategoryGeneral Meetings
Reference NoMB-141114-38048

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionABRIC BERHAD ("ABRIC" OR "COMPANY")

(I) PROPOSED AEIL ACQUISITION; AND
(II) PROPOSED DISPOSAL

(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
Date of Meeting09/12/2014
Time10:00 AM
VenueFunction Room 1 & 2, Level 1, Main Lobby, Kuala Lumpur Golf & Country Club, 10 Jalan 1/70D, Off Jalan Bukit Kiara, 60000 Kuala Lumpur.
Date of General Meeting Record of Depositors01/12/2014

Attachments

Abric Notice of EGM.pdf
38 KB



LONBISC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):BONUS ISSUES

Announcement Type: General Announcement
Company NameLONDON BISCUITS BERHAD  
Stock Name LONBISC  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoMI-141114-62314

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
DescriptionLONDON BISCUITS BERHAD (“LBB” OR “COMPANY”)

• PROPOSED BONUS ISSUE OF WARRANTS

On behalf of the Board of Directors of LBB, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake the Proposed Bonus Issue of Warrants.

Kindly refer to the attached document for the full announcement on the Proposed Bonus Issue of Warrants.

This announcement is dated 14 November 2014.



MINETEC - OTHERS - MINETECH RESOURCES BERHAD ("MRB" OR "THE COMPANY") \u2013 MEMORANDUM OF AGREEMENT

Announcement Type: General Announcement
Company NameMINETECH RESOURCES BERHAD  
Stock Name MINETEC  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoCC-141114-64855

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDZO-141113-38297
SubjectOTHERS
- MINETECH RESOURCES BERHAD (“MRB” OR “THE COMPANY”) – MEMORANDUM OF AGREEMENT
DescriptionMINETECH RESOURCES BERHAD (“MRB” OR “THE COMPANY”) – MEMORANDUM OF AGREEMENT
Query Letter Contents We refer to your Company's announcement dated 11 November 2014 in respect of
the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1.The basis of arriving at the consideration of THE proposed acquisition, other
than on a "willing buyer willing seller" basis. If it was based on net assets,
the year the net assets were taken into consideration, quantifying the net
assets and stating whether it was based on audited financial statements and the
justification for the consideration.
2.The names of Glamour Heights Sdn Bhd's directors and substantial shareholders
together with their respective shareholdings.
3.The source of funding for the cash portion of the purchase consideration.
4.The particulars of all liabilities, inncluding contingent liabilities and
guarantees to be assumed by Minetech Resources Berhad.
5.To incorporate all other relevant information as per Appendix 10A of the Main
Market Listing Requirements, where available.
6.The prospects of the interest to be acquired.
7.The highest percentage ratio applicable to the transaction pursuant to
pargaraph 10.02(g) of the Main Market Listing Requirements.
8.The risks in relation to the proposed acquisition.
9.Whether the acquisition would result in significant change in business
direction or diversification of business.
10. The timeframe for completion of the due diligence and expected date for the
Company to enter into the definitive share sale agreement.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully



SUZALINA HARUN
Senior Vice President, Issuers
Listing Division
Regulation

ZO

copy to:- General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)

 

(Unless otherwise stated, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement dated 11 November 2014 in relation to the Memorandum of Agreement)

 

 

 

We refer to the announcement made on 11 November 2014 in relation to the Memorandum of Agreement.

The Board of Directors of MRB is pleased to furnish herewith the following additional information as requested by Bursa Malaysia Securities Berhad via its letter dated 13 November 2014:-

 

 

 

1. The estimated total purchase consideration of RM27,450,000 was arrived at after taking into consideration of, inter-alia, the guaranteed profit for the Condo 1 and Meru Dream Park projects amounting to RM27.38 million as provided by the vendors. However, the purchase consideration is subject to the legal and financial due diligence to be carried out on the abovementioned projects.

 

 

 

2. GHSB’s Directors and substantial shareholders together with their respective shareholdings are as follows:-

 

 

 

  1. Mr. Mooi Weng Wah is a Director and also a substantial shareholder with 1,400,000 ordinary shares of RM1.00 each representing 70% of the entire share capital of GHSB.

     

  2. Madam Low Choon Len is a Director and also a substantial shareholder with 600,000 ordinary shares of RM1.00 each representing 30% of the entire share capital of GHSB.

 

 

 

3. In the event the purchase consideration in relation to the Proposed Acquisition is partly satisfied via cash, the cash portion of the purchase consideration will be satisfied via internally-generated funds and/or bank borrowings. Further details will be announced in due course after signing of the share sale agreement (“SSA”).

 

 

 

4. There are no liabilities, including contingent liabilities and guarantee to be assumed by MRB arising from the Proposed Acquisition.

 

 

 

5. All the relevant information as per Appendix 10A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad which are available to MRB were duly incorporated and announced. Those information which are not available now will be announced in due course after the due diligence process and signing of the SSA.

 

 

 

6. The prospects of the Proposed Acquisition are expected to be positive based on the guaranteed profit from the two (2) projects of RM27.38 million. The Condo 1 and Meru Dream Park projects have the relevant Developer License and Advertisement Permits. A valuation will be carried out on the said projects by an independent firm of registered valuers to be appointed by MRB in due course.

 

 

 

7. The highest percentage ratio applicable to the Proposed Acquisition pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 55.84%, at the point of signing MOA.

 

 

 

8. MRB does not foresee any major risks involved in relation to the Proposed Acquisition save and except those inherent to the business of property development. However, these risks are not expected to have a material impact on the Group and the Directors will continue to exercise due care in considering the risks and benefits associated with the Proposed Acquisition. Further details will be announced in due course upon signing of the SSA.

 

 

 

9. The Proposed Acquisition is to expand into the area of property development as a natural and strategic progression for the Group’s current businesses. Therefore, it would not result in significant change in business direction or diversification of business.

 

 

 

Further, the Group is already undertaking works such as construction, infrastructure, road building and sub-contracting works as part of its portfolio.

 

 

 

10. The timeframe for completion of the due diligence is sixty (60) days from signing of MOA. MRB is expected to enter into the SSA within a period of sixty (60) days, from signing of MOA, provided that the legal and financial due diligence team has the full assistance and co-operations from the Parties to carry out the audit on GHSB and the current projects of Condo 1 and Meru Dream Park.

 

 

This announcement is dated 14 November 2014.

 

  


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 Announced14 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-141114-15B4F

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
(There is no change in shareholding. Currently held 43,649,400 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 1,320,400 shares)

Citigroup Nominees (Tempatan) Sdn. Bhd.
Employees Provident Fund Board (CIMB PRI)
(Disposal of 395,100 shares on 11 November 2014. Currently held 3,574,200 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/11/2014
395,100
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect
Direct (units)59,827,000 
Direct (%)5.793 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change59,827,000
Date of notice12/11/2014

Remarks :
The Form 29B was received by the Company on 14 November 2014.


KEN - Quarterly rpt on consolidated results for the financial period ended 30/9/2014

Announcement Type: Financial Results
Company NameKEN HOLDINGS BERHAD  
Stock Name KEN  
Date Announced14 Nov 2014  
CategoryFinancial Results
Reference NoCS-141113-34928

Financial Year End31/12/2014
Quarter3
Quarterly report for the financial period ended30/09/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2014
30/09/2013
30/09/2014
30/09/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
28,007
16,646
57,216
40,611
2Profit/(loss) before tax
13,129
9,492
26,986
19,444
3Profit/(loss) for the period
7,477
7,544
18,075
14,984
4Profit/(loss) attributable to ordinary equity holders of the parent
7,477
7,544
18,075
14,984
5Basic earnings/(loss) per share (Subunit)
4.16
8.41
10.07
16.71
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0300
1.9200
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


AWC - Notice of Interest Sub. S-hldr (29A) - Md. Shah Bin Abu Hasan

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameAWC BERHAD  
Stock Name AWC  
Date Announced14 Nov 2014  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCM-141114-C1BBE

Particulars of Substantial Securities Holder

NameMd. Shah Bin Abu Hasan
AddressAzalea A-8-3A, Damaipuri Condo
Jalan Chin Hwa
30250 Ipoh, Perak
NRIC/Passport No/Company No.520724-04-5247
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)Ordinary shares of RM0.30 each
Name & address of registered holderMd. Shah Bin Abu Hasan
Azalea A-8-3A, Damaipuri Condo
Jalan Chin Hwa
30250 Ipoh, Perak

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired13/11/2014
No of securities1,000,000
Circumstances by reason of which Securities Holder has interestNew shares acquired via open market
Nature of interestDirect
Price Transacted ($$)

Total no of securities after change

Direct (units)12,000,000 
Direct (%)5.32 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice14/11/2014

Remarks :
Existing shares held - 11,000,000
New shares acquired via open market - 1,000,000


BHIC - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBOUSTEAD HEAVY INDUSTRIES CORPORATION BHD  
Stock Name BHIC  
Date Announced14 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBH-141114-63150

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak
Peti Surat 11025
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary share of RM1.00 each
Name & address of registered holderLembaga Tabung Haji
201, Jalan Tun Razak
Peti Surat No. 11025
50732 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/11/2014
15,000
 
Acquired11/11/2014
90,000
 
Acquired12/11/2014
35,000
 
Acquired13/11/2014
15,200
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Direct (units)155,200 
Direct (%)0.06 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change17,859,300
Date of notice14/11/2014


WCT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced14 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWW-141114-2F920

Date of buy back14/11/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)384,500
Minimum price paid for each share purchased ($$)2.040
Maximum price paid for each share purchased ($$)2.060
Total consideration paid ($$)790,604.70
Number of shares purchased retained in treasury (units)384,500
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)3,991,770
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 (%)0.365


IDEALUBB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameIDEAL UNITED BINTANG BERHAD  
Stock Name IDEALUBB  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoOS-141114-2495A

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionIDEAL UNITED BINTANG BERHAD (FORMERLY KNOWN AS UNITED BINTANG BERHAD) (“IUBB” OR “THE COMPANY”)

PRIVATE PLACEMENT OF UP TO 16,201,500 NEW ORDINARY SHARES OF RM1.00 EACH IN IUBB TO INDEPENDENT THIRD PARTY INVESTORS (“PRIVATE PLACEMENT”)

Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the earlier announcements.

 

On behalf of the Board of Directors of IUBB, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that the Company has fixed the issue price at RM1.00 per Placement Share to be issued pursuant to the Private Placement.

 

The aforementioned issue price of RM1.00 per Placement Share represents a premium of approximately 7.45% or RM0.0693 from the five (5)-day weighted average market price of IUBB from 7 November 2014 to 13 November 2014 of approximately RM0.9307 per share.

 

 

This announcement is dated 14 November 2014.