March 3, 2015

Company announcements: GUOCO, TM, AHP, EIG

GUOCO - Changes in Sub. S-hldr's Int. (29B) - Davos Investment Holdings Private Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUOCOLAND (MALAYSIA) BERHAD  
Stock Name GUOCO  
Date Announced3 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-150303-61426

Particulars of substantial Securities Holder

NameDavos Investment Holdings Private Limited
Address20 Collyer Quay #20-01
Singapore 049319
NRIC/Passport No/Company No.200201068E
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderHong Bee Hardware Company Sdn Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/12/2014
357,020
 

Circumstances by reason of which change has occurredDeemed Interest
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change455,698,596
Date of notice03/03/2015

Remarks :
Date of Transaction: As at 30 December 2014

This notification is submitted to Bursa Securities on 3 March 2015.


GUOCO - Changes in Sub. S-hldr's Int. (29B) - Kwek Leng Kee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUOCOLAND (MALAYSIA) BERHAD  
Stock Name GUOCO  
Date Announced3 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-150303-76662

Particulars of substantial Securities Holder

NameKwek Leng Kee
Address1B Dalvey Estate
Singapore 259552
NRIC/Passport No/Company No.S0081561F
Nationality/Country of incorporationSingapore Citizen
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderHong Bee Hardware Company Sdn Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/12/2014
357,020
 

Circumstances by reason of which change has occurredDeemed Interest
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change455,698,596
Date of notice03/03/2015

Remarks :
Date of Transaction: As at 30 December 2014

This notification is submitted to Bursa Securities on 3 March 2015.


GUOCO - Changes in Sub. S-hldr's Int. (29B) - Quek Leng Chye

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUOCOLAND (MALAYSIA) BERHAD  
Stock Name GUOCO  
Date Announced3 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-150303-76AA9

Particulars of substantial Securities Holder

NameQuek Leng Chye
Address7 Dalvey Estate
Singapore 259524
NRIC/Passport No/Company No.S1141338B
Nationality/Country of incorporationSingapore Citizen
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderHong Bee Hardware Company Sdn Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/12/2014
357,020
 

Circumstances by reason of which change has occurredDeemed Interest
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change455,698,596
Date of notice03/03/2015

Remarks :
Date of Transaction: As at 30 December 2014

This notification is submitted to Bursa Securities on 3 March 2015.


GUOCO - Changes in Sub. S-hldr's Int. (29B) - Kwek Holdings Pte Ltd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUOCOLAND (MALAYSIA) BERHAD  
Stock Name GUOCO  
Date Announced3 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-150303-5DE7B

Particulars of substantial Securities Holder

NameKwek Holdings Pte Ltd
Address16 Raffles Quay #26-00
Hong Leong Building
Singapore 048581
NRIC/Passport No/Company No.199308672D
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderHong Bee Hardware Company Sdn Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/12/2014
357,020
 

Circumstances by reason of which change has occurredDeemed Interest
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change455,698,596
Date of notice03/03/2015

Remarks :
Date of Transaction: As at 30 December 2014

This notification is submitted to Bursa Securities on 3 March 2015.


GUOCO - Changes in Sub. S-hldr's Int. (29B) - Hong Leong Investment Holdings Pte Ltd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUOCOLAND (MALAYSIA) BERHAD  
Stock Name GUOCO  
Date Announced3 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-150303-5A4A5

Particulars of substantial Securities Holder

NameHong Leong Investment Holdings Pte Ltd
Address16 Raffles Quay #26-00
Hong Leong Building
Singapore 048581
NRIC/Passport No/Company No.194800045K
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderHong Bee Hardware Company Sdn Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/12/2014
357,020
 

Circumstances by reason of which change has occurredDeemed Interest
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change455,698,596
Date of notice03/03/2015

Remarks :
Date of Transaction: As at 30 December 2014

This notification is submitted to Bursa Securities on 3 March 2015.


GUOCO - Changes in Sub. S-hldr's Int. (29B) - Kwek Leng Beng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUOCOLAND (MALAYSIA) BERHAD  
Stock Name GUOCO  
Date Announced3 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-150303-6027F

Particulars of substantial Securities Holder

NameKwek Leng Beng
Address12 Tanglin Hill
Singapore 248049
NRIC/Passport No/Company No.S0601921H
Nationality/Country of incorporationSingapore Citizen
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderHong Bee Hardware Company Sdn Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/12/2014
357,020
 

Circumstances by reason of which change has occurredDeemed Interest
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change455,698,596
Date of notice03/03/2015

Remarks :
Date of Transaction: As at 30 December 2014

This notification is submitted to Bursa Securities on 3 March 2015.


GUOCO - Changes in Sub. S-hldr's Int. (29B) - Hong Realty (Private) Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUOCOLAND (MALAYSIA) BERHAD  
Stock Name GUOCO  
Date Announced3 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGG-150303-533FE

Particulars of substantial Securities Holder

NameHong Realty (Private) Limited
Address16 Raffles Quay #26-00
Hong Leong Building
Singapore 048581
NRIC/Passport No/Company No.196200244W
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderHong Bee Hardware Company Sdn Berhad

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed30/12/2014
357,020
 

Circumstances by reason of which change has occurredDeemed Interest
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change455,698,596
Date of notice03/03/2015

Remarks :
Date of Transaction: As at 30 December 2014

This notification is submitted to Bursa Securities on 3 March 2015.


TM - OTHERS PROPOSED ESTABLISHMENT OF A MULTICURRENCY SUKUK (“SUKUK”) PROGRAMME OF UP TO US DOLLARS SEVEN HUNDRED AND FIFTY MILLION IN NOMINAL VALUE (OR ITS EQUIVALENT IN FOREIGN CURRENCIES) (OTHER THAN RINGGIT MALAYSIA) UNDER THE SHARIAH PRINCIPLE OF WAKALA (“SUKUK PROGRAMME”) BY TULIP MAPLE BERHAD (“TULIP MAPLE”), A WHOLLY-OWNED SUBSIDIARY OF TM

Announcement Type: General Announcement
Company NameTELEKOM MALAYSIA BERHAD  
Stock Name TM  
Date Announced3 Mar 2015  
CategoryGeneral Announcement
Reference NoTM-150303-AC5A0

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED ESTABLISHMENT OF A MULTICURRENCY SUKUK (“SUKUK”) PROGRAMME OF UP TO US DOLLARS SEVEN HUNDRED AND FIFTY MILLION IN NOMINAL VALUE (OR ITS EQUIVALENT IN FOREIGN CURRENCIES) (OTHER THAN RINGGIT MALAYSIA) UNDER THE SHARIAH PRINCIPLE OF WAKALA (“SUKUK PROGRAMME”) BY TULIP MAPLE BERHAD (“TULIP MAPLE”), A WHOLLY-OWNED SUBSIDIARY OF TM

Telekom Malaysia Berhad (“TM”) is pleased to announce that Tulip Maple Berhad (a wholly owned subsidiary of TM) has today received the approval from the Securities Commission Malaysia (“SC”) for the proposed establishment of the Sukuk Programme.

The Sukuk Programme shall provide TM with the flexibility to manage its fund-raising requirements and to have an alternative access to debt funding, in addition to conventional bank borrowings.

The Sukuk proceeds which are subsequently received by TM will be utilised by TM for capital expenditure and business operating requirements or, as the case may be, as set forth in the pricing supplement for the relevant series, where such utilisation shall be Shariah-compliant.

This announcement is dated 3 March 2015.



AHP - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameAMANAH HARTA TANAH PNB  
Stock Name AHP  
Date Announced3 Mar 2015  
CategoryGeneral Announcement
Reference NoCU-150302-55563

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionAMANAH HARTA TANAH PNB ("AHP" OR "THE TRUST")

(I) Proposed amendments to the Principal Deed dated 20 March 1989 entered into between Pelaburan Hartanah Nasional Berhad ("PHNB" or the "Manager"), AmanahRaya Trustees Berhad (the "Trustee") and the several persons therein mentioned ("Proposed Amendments"); and
(II) Proposed Approval for Expenses Related to the Proposed Amendments

(Collectively, referred to as the "Proposals")
On behalf of the Board of Directors of PHNB ("Board"), the Manager of AHP, MIDF Amanah Investment Bank Berhad wishes to announce that the Board proposes to undertake the following:
(i) Proposed amendments to the Principal Deed dated 20 March 1989 entered into between PHNB, the Trustee and the several persons therein mentioned; and

(ii) Proposed approval for expenses related to the Proposed Amendments.

Further details of the Proposals are set out in the attachment below.


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

Announcement Type: General Announcement
Company NameESTHETICS INTERNATIONAL GROUP BERHAD  
Stock Name EIG  
Date Announced3 Mar 2015  
CategoryGeneral Announcement
Reference NoC&-150303-65328

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionOption to Purchase Agreement by EIG Global Pte. Ltd., a wholly-owned subsidiary of Esthetics International Group Berhad, for total consideration of S$3.10 million.

1. INTRODUCTION

The Board of Directors of Esthetics International Group Berhad (“EIG” or “the Company”) wishes to announce that EIG Global Pte. Ltd. (“EIGPL”), a wholly-owned subsidiary of EIG had on 3 March 2015 entered into an Option to Purchase Agreement (“OTP”) with Aquila Hotel & Resorts Pte. Ltd. (the “Vendor”), for the purpose of acquiring one unit of office space with approximately 1,356 square feet of floor area at Paya Lebar Square, 60 Paya Lebar Road, Singapore (the “Property”) for a total consideration of S$3,102,528.00 (the “Acquisition”).

2. INFORMATION ON THE ACQUISITION

2.1 Details of the Acquisition

The Property comprises one parcel of commercial office space under unit #09-27, with total floor area of 1,356 square feet at the building known as Paya Lebar Square at 60 Paya Lebar Road, Singapore 409051. The Property is 99 years’ leasehold commencing from 25 July 2011 and construction of Paya Lebar Square was completed in November 2014.

2.2 Information on the Vendor

2.2.1 Name of Vendor: Aquila Hotel & Resorts Pte. Ltd.

2.2.2. Registered address of Vendor: 29 Pioneer Sector 1, Singapore 628434

2.2.3 Principal activity of Vendor: Hotel management consultancy services (management of hotel and resorts)

2.2.4 Director and Shareholder of the Vendor: Sujith Sekharan (Identity no. S6965584Z)

2.3 Basis of the purchase consideration

The purchase consideration for the Property was arrived at on a willing buyer, willing seller basis after taking into consideration EIGPL’s requirements, the strategic location of the Property being adjacent to EIGPL’s existing four units at Paya Lebar Square, the features of the Property and alternative office space for sale at Paya Lebar Square. In assessing the Proposed Acquisition, the purchase price was assessed against the selling price and recent transactions for other units at Paya Lebar Square. No valuation was carried out on the Property

2.4 Salient terms of the OTP

2.4.1 Property to be purchased by EIGPL with vacant possession and free from encumbrances on an “as is where is” basis

2.4.2 Terms of payment of the purchase price are as follows:-

i) Option Money of S$31,025.28 (1% of the purchase price) was paid to the Vendor on 17 February 2015;

ii) An option exercise fee of S$124,101.12 (4% of the purchase price), which together with the Option Money shall form the Deposit, was paid to the Vendor on 3 March 2015 upon signing of the OTP;

iii) The remaining S$2,947,401.60 (95% of the purchase price) shall be paid to the Vendor upon completion on 6 July 2015.

2.4.3 The sale and purchase of the Property is subject to the Singapore Law Society’s Conditions of Sale 2012 as applicable to a sale by private treaty.

2.4.4 The sale and purchase is by way of an assignment of the Vendor’s rights, title, benefit and interest in the Vendor’s original sale and purchase agreement with the Developer of Paya Lebar Square.

2.5 Liabilities to be assumed by EIGPL

There are no liabilities, including contingent liability and encumbrances, to be assumed by EIGPL arising from the Acquisition.

2.6 Source of funding

It is intended that the Acquisition will be funded by existing cash balances and bank borrowings to be procured in Singapore, whereby it is currently intended that at least 50% will be funded through bank borrowings.

3. FINANCIAL EFFECTS OF THE ACQUISITION

The Acquisition is not expected to have any material impact on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of EIG for the financial year ending 31 March 2015. While EIG reported cash and cash equivalents of RM59.7 million as at 31 December 2014, the gearing of EIG will increase to the amount of borrowings undertaken to finance the Acquisition.

4. RISK FACTORS

The Board of Directors of EIG is not aware of any risk factors arising from the Acquisition other than the ordinary property market and global economic risks.

5. PERCENTAGE RATIOS

The highest percentage ratio applicable for the Acquisition pursuant to Chapter 10 of the Bursa Malaysia Securities Berhad’s Main Market Listing Requirements based on the Total Consideration of S$3,102,528 is 6.5%.

6. APPROVAL REQUIRED

The Acquisition is not subject to EIG’s shareholders approval.

7. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST

The Directors and major shareholders of EIG and persons connected to the Directors and major shareholders do not have any interest, direct or indirect, in the Acquisition.

8. RATIONALE AND PROSPECTS

The Property shall be integrated with EIGPL’s existing adjacent four office units at Paya Lebar Square to form EIG’s corporate office. The Acquisition of the Property, once completed will hence provide additional area to cater for the future growth of EIG’s activities in Singapore.

The Property is strategically located in Paya Lebar Central which is proximate to the Central Business District and targeted to be the regional commercial hub for the South-East Zone in Singapore under the Urban Redevelopment Authority (URA)’s decentralisation plan. The Property is linked to the Paya Lebar MRT interchange station providing access to two MRT lines (the East-West Line and Circle Line) and also has good connectivity with the major expressways.

9. STATEMENT BY DIRECTORS

The Board of Directors of EIG is of the opinion that the Acquisition is in the best interests of EIG.

10. ESTIMATED TIME FRAME FOR THE COMPLETION OF THE ACQUISITION

The expected date of delivery of vacant possession and completion of the sale and purchase of the Property shall be no later than 6 July 2015.

11. DOCUMENTS AVAILABLE FOR INSPECTION

The OTP may be inspected at EIG’s registered office at Lot 11, Jalan Astaka U8/88, Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor Darul Ehsan, Malaysia during office hours from 9am – 5pm on Monday to Friday (except on public holidays), for a period of three (3) months from the date of this announcement.

This announcement is dated 3 March 2015.



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