March 25, 2015

Company announcements: IRMGRP, MESB, ECOWLD, WCT, PLS, YOKO

IRMGRP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:SUSPENSION AND/OR DELISTING

Announcement Type: General Announcement
Company NameIRM GROUP BERHAD  
Stock Name IRMGRP  
Date Announced25 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150325-64816

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
SUSPENSION AND/OR DELISTING
DescriptionIRM GROUP BERHAD (“IRM” OR “COMPANY”)

BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) DECISION ON THE APPEAL AGAINST THE DE-LISTING OF THE COMPANY'S SECURITIES

We refer to the Company’s announcement dated 10 February 2015 in relation to the appeal to Bursa Securities on its decision to de-list the securities of the Company.

The Board of Directors of IRM wishes to announce that Bursa Securities has, vide its letter dated 25 March 2015, granted an extension of time until 31 July 2015 to submit the regularisation plan to the relevant authorities for approval subject to the Company making the Requisite Announcement by 30 April 2015.

 

Bursa Securities further decided to de-list the securities of the Company from the Official List of Bursa Securities pursuant to Paragraph 8.04 of the Main Market Listing Requirements of Bursa Securities in the event:-

 

(i) the Company fails to make the Requisite Announcement on or before 30 April 2015;

 

(ii) the Company fails to submit the regularisation plan to the relevant authorities for approval on or before 31 July 2015;

 

(iii) the Company fails to obtain the approval for the implementation of its regularisation plan and does not appeal within the timeframe (or extended timeframe, as the case may be) prescribed to lodge an appeal;

 

(iv) the Company does not succeed in its appeal; or

 

(v) the Company fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the relevant authorities.

 

Upon occurrence of any events set out in (i) to (v) above, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of 2 market days from the date the Company is notified by Bursa Securities or such other date as may be specified by Bursa Securities.

 

This announcement is dated 25 March 2015.



MESB - Change of Address

Announcement Type: Change of Address
Company NameMESB BERHAD  
Stock Name MESB  
Date Announced25 Mar 2015  
CategoryChange of Address
Reference NoCA-150325-55044

Change descriptionRegistrar 
Old address Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan 
New addressLevel 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan 
Name of RegistrarSymphony Share Registrars Sdn Bhd 
Telephone no03-78490777 
Facsimile no03-78418151 / 03-78418152 
E-mail addressssr.helpdesk@symphony.com.my 
Effective date25/03/2015 


ECOWLD - OTHERS ECO WORLD DEVELOPMENT GROUP BERHAD ("EW BERHAD" OR "THE COMPANY") - CHANGE OF NAME OF THE WHOLLY-OWNED SUBSIDIARY OF EW BERHAD

Announcement Type: General Announcement
Company NameECO WORLD DEVELOPMENT GROUP BERHAD  
Stock Name ECOWLD  
Date Announced25 Mar 2015  
CategoryGeneral Announcement
Reference NoEW-150325-52713

TypeAnnouncement
SubjectOTHERS
DescriptionECO WORLD DEVELOPMENT GROUP BERHAD ("EW BERHAD" OR "THE COMPANY") - CHANGE OF NAME OF THE WHOLLY-OWNED SUBSIDIARY OF EW BERHAD

The Board of Directors of EW Berhad is pleased to inform that one of its subsidiaries, namely Majestic Blossom Sdn. Bhd. (Company No. 1079086-W) had on 24 March 2015 changed its name to Eco Majestic Development Sdn. Bhd.

This announcement is dated 25 March 2015.



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 Announced25 Mar 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWW-150325-3BA08

Date of buy back25/03/2015
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)394,100
Minimum price paid for each share purchased ($$)1.470
Maximum price paid for each share purchased ($$)1.480
Total consideration paid ($$)582,292.66
Number of shares purchased retained in treasury (units)394,100
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)17,589,370
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 (%)1.61


PLS - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company NamePLS PLANTATIONS BERHAD  
Stock Name PLS  
Date Announced25 Mar 2015  
CategoryGeneral Announcement
Reference NoPP-150318-58950

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionCrop and Log Productions for February 2015

 Fresh Fruit Bunches (m/t)Logs Production (m/t)
PLS Plantations Berhad2,061.971,607.82


YOKO - PUBLIC SHAREHOLDINGS SPREAD (Amended Announcement)

Announcement Type: General Announcement
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced25 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150325-55233

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionYOKOHAMA INDUSTRIES BERHAD (“YOKOHAMA” OR “THE COMPANY”)
NON-COMPLIANCE WITH PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02(1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) (“LISTING REQUIREMENTS”)

We have received the press release from Mercury Securities Sdn. Bhd., on behalf of Fordington Pte Ltd (“Offeror”) today that the total ordinary shares of RM0.50 each in Yokohama (“Yokohama Shares”) held by the Offeror and persons acting in concert with it as at 20 March 2015 is 70,881,456 Yokohama Shares representing approximately 83.10% of Yokohama’s issued and paid-up share capital (excluding 1,828,300 treasury shares held by Yokohama). Accordingly, the public shareholding spread of Yokohama is 16.90% as at 20 March 2015.

The above percentage represents a shortfall of 8.10% from the minimum required percentage of 25% of the total listed shares (excluding treasury shares) to be in the hands of public shareholders. Pursuant thereto, the Board of Directors of Yokohama (“Board”) wishes to announce that Yokohama is not in compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements.

Hence, Yokohama will apply the extension of time with Bursa Securities upon the completion of the offer period.

This announcement is dated 25 March 2015.



YOKO - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced25 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150325-63199

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionYOKOHAMA INDUSTRIES BERHAD (“YOKOHAMA” OR “THE COMPANY”)

UNCONDITIONAL TAKE-OVER OFFER BY FORDINGTON PTE LTD (“FORDINGTON” OR “OFFEROR”) THROUGH MERCURY SECURITIES SDN BHD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN YOKOHAMA (“YOKOHAMA SHARES”) (EXCLUDING TREASURY SHARES) NOT ALREADY HELD BY THE OFFEROR AND PERSONS ACTING IN CONCERT WITH IT (“PACs”) (“OFFER SHARES”) AT A CASH OFFER PRICE OF RM1.70 PER OFFER SHARE (“OFFER”)

Unless otherwise defined, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the Company’s announcement dated 29 December 2014, 6 February 2015, 11 February 2015, 13 February 2015, 16 February 2015, 4 March 2015, 16 March 2015 and 23 March 2015.

The Board of Directors of Yokohama wishes to announce that the Company has today received the attached press release from Mercury Securities Sdn Bhd, on behalf of the Offeror, informing that the Offeror has received valid acceptances in respect of the Offer resulting in the Offeror and its PACs holding in aggregate more than 90% of the Yokohama Shares (excluding treasury shares) as at 5.00 p.m. (Malaysian time) on 25 March 2015.

As stated in Section 4 in the Offer Document dated 4 March 2015, the Offeror does not intend to maintain the listing status of Yokohama on the Main Market of Bursa Malaysia Securities Berhad and does not intend to address any shortfall to meet the public shareholding spread requirement of Yokohama.

Pursuant thereto, in accordance with Paragraph 16.02(3) of the Main Market Listing Requirements of Bursa Securities, Bursa Securities shall suspend trading of Yokohama Shares upon expiry of five (5) market days from the close of the Offer. The Offer is expected to close on 8 April 2015, unless further extended by the Offeror in accordance with the Malaysian Code on Take-Overs and Mergers, 2010.

This announcement is dated 25 March 2015.

Attachments

Press release 25.03.2015.pdf
114 KB



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