March 12, 2015

Company announcements: MPCORP, TGOFFS, SUPERLN, DIALOG, MILUX, PRDUREN, INTEGRA, MITRA, WCT-WD

MPCORP - OTHERS MALAYSIA PACIFIC CORPORATION BERHAD (“MPCORP” OR “COMPANY”) - THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS (“MMLR”) OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)

Announcement Type: General Announcement
Company NameMALAYSIA PACIFIC CORPORATION BERHAD  
Stock Name MPCORP  
Date Announced12 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150312-608D4

TypeAnnouncement
SubjectOTHERS
DescriptionMALAYSIA PACIFIC CORPORATION BERHAD (“MPCORP” OR “COMPANY”)
- THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS (“MMLR”) OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)

We refer to the announcements made on 12 March 2013, 11 April 2013, 13 May 2013, 12 June 2013, 11 July 2013, 12 August 2013, 11 September 2013, 11 October 2013, 31 October 2013, 29 November 2013, 30 December 2013, 29 January 2014, 28 February 2014, 28 March 2014, 30 April 2014, 30 May 2014, 30 June 2014, 31 July 2014, 29 August 2014, 30 September 2014, 28 October 2014, 28 November 2014, 30 December 2014, 19 January 2015, 22 January 2015, 16 February 2015 and 27 February 2015 pertaining to default in payment to Paragraph 9.19A of MMLR of Bursa Securities. The terms herein shall bear the same meaning as defined in the said announcements.

 

The Board of Directors (“Board”) of MPCORP wishes to announce that on 12 March 2015, the Company has been served with a Form 16D dated 11 March 2015 (Notice of Default with respect of a charge) pursuant to Section 254 of the National Land Code 1965 (the “Notice”) from RHB Bank Berhad (“RHB”) for the repayment of the below outstanding Banking Facilities within one (1) month from the date of receipt of the Notice:-

 

Type of Facilities

Amount outstanding as at 31 December 2014

Overdraft Facility of RM10,000,000 (“OD I”)

RM9,126,604.08 

Overdraft Facility of RM33,400,000 (“OD II”) 

RM55,192,936.86 

Revolving Credit Facility of RM25,704,110.94 (“RC”) 

RM40,188,706.51 

 

RHB would proceed to apply for an order for sale in respect of the investment property charged to RHB if the Company fails to remedy the breach.

 

The Notice has no material impact on the business, financial and operational of the Company as the outstanding amount due to RHB was fully provided for in the financial statements of the Company and secured against the investment property of the Company, Wisma MPL, via below legal charges:

 

  1. The OD I Facility is secured, inter alia, by the first party first legal charge under the provisions of the National Land Code, 1965 over all that piece of land held under Geran 9980, Lot 1203, Sek 57, Bandar Kuala Lumpur, District of Wilayah Persekutuan (hereinafter referred to as “the Said Land”) in favour of RHB registered on 18th October 1996 vide Presentation No. 17565/96 to secure the repayment of principle sum of Ringgit Malaysia Ten Million (RM10,000,000) together with interest and other charges payable thereunder (hereinafter referred to as “1st Legal Charge”).

  2. The RC Facility is secured, inter alia, by the first party second legal charge under the provisions of the National Land Code, 1965 over the Said Land in favour of RHB registered on 26th November 1998 vide Presentation No. 14858/98 to secure the repayment of principle sum of Ringgit Malaysia Thirty Million (RM30,000,000) together with interest and other charges payable thereunder (hereinafter referred to as “2nd Legal Charge”).

  3. The OD II Facility is secured, inter alia, by the first party third legal charge under the provisions of the National Land Code, 1965 over the Said Land in favour of RHB registered on 6th July 2001 vide Presentation No. 11693/2001 to secure the repayment of principle sum of Ringgit Malaysia Thirty Two Million and Five Hundred Thousand (RM32,500,000) together with interest and other charges payable thereunder (hereinafter referred to as “the 3rd Legal Charge”).

 

In addition, it was the Company’s intention to dispose the investment property (Wisma MPL) of the Company to address the financial situation of the Company as announced on 16 February 2015.

 

The investment property of the Company was valued at RM320 million by an independent firm of professional valuers on 14 October 2014. The Board of Director is of the opinion that Company is solvent in that it will be able to repay its debts as and when they fall due within the period of 12 months from the date of this announcement.

 

The Notice does not constitute a cross default to any of the Company’s loan and indebtedness agreement.

 

The Company is seeking legal advice on the Notice and will take appropriate steps to address the issue. The Company will make further announcements of any new development in connection thereto.

 

This announcement is dated 12 March 2015.

 

 

 

 



TGOFFS - OTHERS Circular to Shareholders received from members of the Company

Announcement Type: General Announcement
Company NameTANJUNG OFFSHORE BERHAD  
Stock Name TGOFFS  
Date Announced12 Mar 2015  
CategoryGeneral Announcement
Reference NoCA-150312-4DDEF

TypeAnnouncement
SubjectOTHERS
DescriptionCircular to Shareholders received from members of the Company

Further to the Company's announcement on 12 February 2015, the Company had on today received the Circular to Shareholders in relation to the Extraordinary General Meeting convened pursuant to Section 145 of the Companies Act, 1965 by Tan Sri Datuk Tan Kean Soon, Datuk Dr. Nik Norzrul Thani Bin N. Hassan Thani and Datin Norhafizah Binti Mohd Nordin, being members of the Company holding not less than one-tenth of the issued share capital of the Company at the date hereof a right to vote at any meetings.

A copy of the said Circular to Shareholders is attached.

 

 

Attachments

Circular dated 12.03.2015.pdf
540 KB



TGOFFS - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTANJUNG OFFSHORE BERHAD  
Stock Name TGOFFS  
Date Announced12 Mar 2015  
CategoryGeneral Announcement
Reference NoCA-150312-0EE92

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionCivil Suit no: 23 NCVC-11-02/2015

The Board of Directors of Tanjung Offshore Bhd wishes to announce that the Company and its three independent directors have commenced a civil action in the High Court of Malaya at Kuala Lumpur against seven (7) defendants for defamation.

The details of the suit is attached.

 

 

 

 

 

 

 

 


SUPERLN - Quarterly rpt on consolidated results for the financial period ended 31/1/2015

Announcement Type: Financial Results
Company NameSUPERLON HOLDINGS BERHAD  
Stock Name SUPERLN  
Date Announced12 Mar 2015  
CategoryFinancial Results
Reference NoCM-150311-44202

Financial Year End30/04/2015
Quarter3
Quarterly report for the financial period ended31/01/2015
The figureshave not been audited

Attachments

SHB2015Q3result_31Jan15.pdf
264 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/01/2015

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/01/2015
31/01/2014
31/01/2015
31/01/2014
$$'000
$$'000
$$'000
$$'000
1Revenue
19,320
14,578
53,637
44,995
2Profit/(loss) before tax
3,902
1,481
8,402
6,218
3Profit/(loss) for the period
2,939
1,262
6,140
4,760
4Profit/(loss) attributable to ordinary equity holders of the parent
2,939
1,262
6,140
4,760
5Basic earnings/(loss) per share (Subunit)
3.70
1.58
7.73
5.97
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
8.00
1.25


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 ($$)
0.8002
0.7414
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


DIALOG - 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 NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced12 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-150312-AB01C

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 incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/03/2015
2,404,900
 

Circumstances by reason of which change has occurredPurchase of shares.
Nature of interestDirect
Direct (units)585,141,212 
Direct (%)11.8 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change585,141,212
Date of notice12/03/2015

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquired 2,057,000 shares) - 487,819,816 shares
Employees Provident Fund Board - 3,024,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB)- 4,203,468 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AFFIN-HWG) - 10,654,934 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 24,416,640 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 36,673,554 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 3,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) - 4,748,800 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 4,000,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ABERDEEN) (Acquired 347,900 shares) - 6,100,000 shares
Total No. of shares - 585,141,212 shares


MILUX - Changes in Director's Interest (S135) - Koh Pee Seng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMILUX CORPORATION BERHAD  
Stock Name MILUX  
Date Announced12 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-150311-61994

Information Compiled By KLSE

Particulars of Director

NameKoh Pee Seng
Address44, Jalan SS3/52, Taman Universiti, 47300 Petaling Jaya, Selangor Darul Ehsan.
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
11/03/2015
91,500
0.990 

Circumstances by reason of which change has occurredAcquisition of 91,500 Ordinary Shares by his son, Mr. Koh Chit Soon
Nature of interestIndirect Interest
Consideration (if any)RM90,585/- 

Total no of securities after change

Direct (units)1,543,950 
Direct (%)2.84 
Indirect/deemed interest (units)2,471,500 
Indirect/deemed interest (%)4.54 
Date of notice12/03/2015

Remarks :
Overall interests after change:-

Direct Interest: 1,543,950 ordinary shares

Indirect Interest: 2,471,500 ordinary shares

- Deemed interested by virtue of my spouse, Ang Chean Ean’s shareholdings: 728,900 ordinary shares

- Deemed interested by virtue of my son, Koh Chit Khoon’s shareholdings: 776,900 ordinary shares

- Deemed interested by virtue of my son, Koh Chit Soon’s shareholdings: 960,700 ordinary shares

- Deemed interested by virtue of my daughter, Koh Lay Chin’s shareholdings: 5,000 ordinary shares

The acquisition of 91,500 ordinary shares represent 0.17% of the total issued and paid-up share capital of the Company.

This announcement is also made to comply with Paragraph 14.09 of the Main Listing Requirements of Bursa Malaysia Securities Berhad.


PRDUREN - OTHERS INCORPORATION OF SUBSIDIARY COMPANIES

Announcement Type: General Announcement
Company NamePERDUREN (M) BERHAD  
Stock Name PRDUREN  
Date Announced12 Mar 2015  
CategoryGeneral Announcement
Reference NoPP-150311-64218

TypeAnnouncement
SubjectOTHERS
DescriptionINCORPORATION OF SUBSIDIARY COMPANIES

The Board of Directors of Perduren (M) Berhad ("PMB" or "the Company") wishes to announce that the Company has incorporated the following subsidiaries in the United Kingdom:-

1) Perduren Holding Company Limited ("PHCL") was incorporated on 10 March 2015 with issued and paid-up share capital of 1 comprising 1 ordinary share of 1; and

2) Fitzrovia Developments Limited ("FDL") was incorporated on 11 March 2015 with issued and paid-up share capital of 1 comprising 1 ordinary share of 1.

PHCL intends to carry on the business of investment holding while FDL intends to carry on the business of property development.

FDL is 100% owned by PHCL, which in turn, is 100% owned by PMB's 100% owned subsidiary, Bendera Majujaya Sdn Bhd.

The incorporation is not expected to have any material effect on the earnings, net assets and gearing of PMB for the current financial year.

None of the directors and major shareholders of PMB and the persons connected to them has any direct or indirect interest in the incorporation.

This announcement is dated 12 March 2015.

 



INTEGRA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameINTEGRAX BERHAD  
Stock Name INTEGRA  
Date Announced12 Mar 2015  
CategoryGeneral Announcement
Reference NoCK-150312-18C7E

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Amin Bin Halim Rasip, a Director of Integrax Berhad (“INTEGRAX”), has given notice of his change of interest in the securities of INTEGRAX, the details of which are as set out in the Table below:

Date of Change

Number of Shares Acquired/ (Disposed)

% of the Securities

Transaction Price Per Share (RM)

Remarks

Direct

Indirect

12.03.2015

20,000

-

0.0066

3.18

Purchase of shares in open market through UOB 2006 Nominees (Tempatan) Sdn Bhd.



MITRA - Notice of Interest Sub. S-hldr (29A) - Employees Provident Fund Board

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameMITRAJAYA HOLDINGS BERHAD  
Stock Name MITRA  
Date Announced12 Mar 2015  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCA-150312-078F2

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 incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderCitiGroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (KIB)

CitiGroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (KAF FM)

CitiGroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (CIMB PRI)

CitiGroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ARIM)

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired09/03/2015
No of securities306,100
Circumstances by reason of which Securities Holder has interestAcquired
Nature of interestIndirect
Price Transacted ($$)

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)19,994,900 
Indirect/deemed interest (%)5.06 
Date of notice10/03/2015

Remarks :
The Form 29A was received by the Company on 12 March 2015.


WCT-WD - Changes in Director's Interest (S135) - Taing Kim Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT-WD  
Date Announced12 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoWW-150312-56649

Information Compiled By KLSE

Particulars of Director

NameTaing Kim Hwa
Address10, Jalan Eksekutif U1/6, Seksyen U1, 40000 Shah Alam, Selangor Darul Ehsan.
Descriptions(Class & nominal value)Warrants (2013/2017)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
12/03/2015
50,000
0.280 

Circumstances by reason of which change has occurredAcquisition of warrants in the open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,115,649 
Direct (%)0.68 
Indirect/deemed interest (units)47,776,160 
Indirect/deemed interest (%)29.2 
Date of notice12/03/2015

Remarks :
This announcement also serve as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements.


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