February 25, 2015

Company announcements: OFI, PWORTH, ASIAFLE, PW, KOSSAN

OFI - Notice of Person Ceasing (29C) - SON KEE GEOK (Amended Announcement)

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD  
Stock Name OFI  
Date Announced25 Feb 2015  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-150225-CE94F

Particulars of substantial Securities Holder

NameSON KEE GEOK
Address233, Jalan PH 3
Taman Putra Heights
Jalan Pengkalan Batu
75150 Melaka
NRIC/Passport No/Company No.680522-04-5014
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Date of cessation17/02/2015
Name & address of registered holderSON KEE GEOK
233, Jalan PH 3
Taman Putra Heights
Jalan Pengkalan Batu
75150 Melaka
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderDirect
Acquisition of 35,000 ordinary shares through close market.

Indirect
Ratification of indirect interest for 24,050,503( 40.08%) ordinary shares held by persons connected with a director pursuant to Section 122A of the Companies Act, 1965
Nature of interestIndirect Interest
Date of notice18/02/2015

Remarks :
This amended announcement serves as an announcement made pursuant to Paragraph 14.08 of the Main Market Listing Requirements.

Total acquisition of 35,000 shares representing 0.058% of the total issued and paid up capital of the Company.


OFI - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: Financial Results
Company NameORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD  
Stock Name OFI  
Date Announced25 Feb 2015  
CategoryFinancial Results
Reference NoCC-150209-2476B

Financial Year End31/03/2015
Quarter3
Quarterly report for the financial period ended31/12/2014
The figureshave not been audited

Attachments

QR -Part 1.pdf
85 KB

QR -Part 2- note.pdf
294 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
63,265
61,396
178,086
171,491
2Profit/(loss) before tax
8,692
6,576
17,774
16,928
3Profit/(loss) for the period
7,317
4,864
14,637
13,045
4Profit/(loss) attributable to ordinary equity holders of the parent
7,316
4,863
14,638
13,042
5Basic earnings/(loss) per share (Subunit)
12.19
8.11
24.40
21.74
6Proposed/Declared dividend per share (Subunit)
2.00
2.00
6.00
6.00


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 ($$)
2.5700
2.4000
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


OFI - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD  
Stock Name OFI  
Date Announced25 Feb 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-150209-247B1

EX-date11/03/2015
Entitlement date13/03/2015
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionSingle tier interim dividend of RM0.02 per share amounting to RM1,200,000 on 60,000,000 ordinary shares of RM1.00 each.
Period of interest payment to
Financial Year End31/03/2015
Share transfer book & register of members will be 13/03/2015 to 13/03/2015 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSectrars Services Sdn Bhd
No. 28-2, Jalan Tun Sambanthan 3
Brickfields 50470
Kuala Lumpur
Malaysia
Tel: +603 2274 6133
Fax: +603 2274 1016
Payment date 06/04/2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers13/03/2015 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.02


PWORTH - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NamePRICEWORTH INTERNATIONAL BERHAD  
Stock Name PWORTH  
Date Announced25 Feb 2015  
CategoryGeneral Announcement
Reference NoCC-150224-65452

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionPRICEWORTH INTERNATIONAL BERHAD ("PIB" OR THE "COMPANY")
(I) PROPOSED REDUCTION OF THE PAR VALUE OF EACH EXISTING ORDINARY SHARE OF RM0.10 EACH IN PIB PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED PAR VALUE REDUCTION")
(II) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PIB ("MA") TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED PAR VALUE REDUCTION ("PROPOSED MA AMENDMENT")
(III) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARES OF BETA BUMI SDN BHD BY PIB ("PROPOSED ACQUISITION")
(IV) PROPOSED ISSUANCE OF UNSECURED REDEEMABLE CONVERTIBLE NOTES ("RCN") WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM50.0 MILLION ("PROPOSED RCN ISSUE")

We refer to the Company's announcements dated 1 April 2013, 4 April 2013, 7 August 2013, 2 September 2013, 9 September 2013, 6 November 2013, 21 November 2013, 25 November 2013, 28 November 2013, 23 December 2013, 6 March 2014, 18 March 2014, 25 March 2014, 28 March 2014, 7 April 2014, 23 July 2014, 6 August 2014, 15 August 2014, 26 August 2014, 5 September 2014, 10 October 2014, 7 November 2014 and 30 January 2015 in relation to the Proposed RCN Issue.

The Board of Directors of PIB is pleased to announce that the RCN of Tranche 3 Notes comprising of five (5) equal sub-tranches of RM500,000 each in an aggregate value of RM2.5 million were issued on 25 February 2015.

This announcement is dated 25 February 2015.


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

Announcement Type: General Announcement
Company NameASIA FILE CORPORATION BHD  
Stock Name ASIAFLE  
Date Announced25 Feb 2015  
CategoryGeneral Announcement
Reference NoMB-150223-43021

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
DescriptionASIA FILE CORPORATION BHD (“ASIA FILE” OR THE “COMPANY”)

- BONUS ISSUE OF 71,246,340 NEW ORDINARY SHARES OF RM1.00 EACH (“SHARES”) IN ASIA FILE (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF THREE (3) NEW SHARES FOR EVERY FIVE (5) EXISTING SHARES HELD (“BONUS ISSUE”)

(For consistency, the terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Bonus Issue.)

We refer to the earlier announcements dated 6 August 2014, 20 August 2014, 28 August 2014, 29 September 2014, 14 October 2014, 5 February 2015 and 24 February 2015 in relation to the Bonus Issue.

On behalf of the Board of Directors of Asia File, AmInvestment Bank Berhad wishes to highlight that 71,246,340 Bonus Shares have been listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on Wednesday, 25 February 2015, marking the completion of the Bonus Issue.

This announcement is dated 25 February 2015.



PW - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: Financial Results
Company NamePW CONSOLIDATED BHD  
Stock Name PW  
Date Announced25 Feb 2015  
CategoryFinancial Results
Reference NoCC-150206-3B326

Financial Year End31/12/2014
Quarter4
Quarterly report for the financial period ended31/12/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
64,320
70,761
279,793
259,142
2Profit/(loss) before tax
1,434
2,490
16,354
9,192
3Profit/(loss) for the period
738
652
11,283
5,328
4Profit/(loss) attributable to ordinary equity holders of the parent
738
271
11,283
5,328
5Basic earnings/(loss) per share (Subunit)
1.28
1.09
19.10
8.93
6Proposed/Declared dividend per share (Subunit)
8.00
0.00
8.00
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 ($$)
3.7600
3.4900
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


PW - OTHERS AN INTERIM SINGLE-TIER DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014

Announcement Type: General Announcement
Company NamePW CONSOLIDATED BHD  
Stock Name PW  
Date Announced25 Feb 2015  
CategoryGeneral Announcement
Reference NoCC-150225-57555

TypeAnnouncement
SubjectOTHERS
DescriptionAN INTERIM SINGLE-TIER DIVIDEND FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014

The Board of Directors of PW Consolidated Bhd ("Board") is pleased to announce that the Company has declared an interim single-tier dividend in respect of the financial year ended 31 December 2014 ("Dividend") of 8 sen per ordinary share of RM1.00 each in the Company ("Share(s)") amounting to approximately RM5.792 million based on the issued and paid-up share capital of 72,398,385 Shares as at the date of this announcement.

The Board had determined that the dividend reinvestment plan ("DRP") (which was approved by the shareholders of the Company's extraordinary general meeting held on 8 January 2015) will apply to the entire Dividend which will provide the shareholders of the Company with option to reinvest the Dividend into new Shares.

An application will be made to Bursa Malaysia Securities Berhad ("Bursa Securities") for the listing of and quotation for the new Shares to be issued pursuant to the DRP ("Application"). The implementation of the DRP on the Dividend is subject to the Company obtaining approval from Bursa Securities for the Application.

The book closure date in respect of the Dividend and the issue price of the new Shares arising from the implementation of the DRP will be announced at a later date.


This announcement is dated 25 February 2015.

 



KOSSAN - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN  
Date Announced25 Feb 2015  
CategoryGeneral Announcement
Reference NoKR-150225-58CCE

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionKossan Rubber Industries Bhd ("Kossan" or the "Company")
Proposed Renewal of Mandate for Recurrent Related Party Transactions

The Board of Directors of Kossan wishes to announce that the Company intends to seek shareholders' approval for the Proposed Renewal of Mandate for Recurrent Related Party Transactions at the forthcoming 35th Annual General Meeting ("AGM") of the Company.

A Circular containing details of the Proposal will be dispatched to the shareholders of the Company in due course together with the Notice of AGM.

This announcement is dated 25 February 2015.



KOSSAN - OTHERS CORPORATE GUARANTEE OF RM60.0 MILLION FOR TERM LOAN FACILITY

Announcement Type: General Announcement
Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN  
Date Announced25 Feb 2015  
CategoryGeneral Announcement
Reference NoKR-150225-6E399

TypeAnnouncement
SubjectOTHERS
DescriptionCORPORATE GUARANTEE OF RM60.0 MILLION FOR TERM LOAN FACILITY

The Board of Directors of Kossan Rubber Industries Bhd. (48166-W) (“Kossan”) wishes to announce that Kossan will execute a corporate guarantee of RM 60.0 million in favour of Sumitomo Mitsui Banking Corporation Malaysia Berhad in respect of a Term Loan of RM 60.0 million granted to Ideal Quality Sdn. Bhd. (404964-P) (“IQ”) a wholly owned subsidiary.

The said banking facility is for general corporate fundings and/or capital expenditures.

The said Corporate Guarantee will not have any significant effect on the earnings per share, net assets per share, share capital and substantial shareholders’ shareholdings in the Company for the current financial year ending 31 December 2015.

This announcement is dated 25 February 2015.



KOSSAN - OTHERS Kossan Rubber Industries Bhd ("Kossan" or the "Company") Proposed Renewal of Share Buy-Back Authority

Announcement Type: General Announcement
Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN  
Date Announced25 Feb 2015  
CategoryGeneral Announcement
Reference NoKR-150225-6142D

TypeAnnouncement
SubjectOTHERS
DescriptionKossan Rubber Industries Bhd ("Kossan" or the "Company")
Proposed Renewal of Share Buy-Back Authority

The Board of Directors of Kossan wishes to announce that the Company intends to seek shareholders' approval for the Proposed Renewal of Share Buy-Back Authority ("the Proposal") at the forthcoming 35th Annual General Meeting ("AGM") of the Company.

A Circular containing details of the Proposal will be dispatched to the shareholder of the Company in due course together with the Notice of AGM.

This announcement is dated 25 February 2015.



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