March 6, 2015

Company announcements: PARKSON, MBMR, P&O, MKH-WB, METROD, PUNCAK, AXIATA, TIGER

PARKSON - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced6 Mar 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoPH-150306-62744

Date of buy back06/03/2015
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)398,000
Minimum price paid for each share purchased ($$)2.340
Maximum price paid for each share purchased ($$)2.360
Total consideration paid ($$)934,653.56
Number of shares purchased retained in treasury (units)398,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)73,821,929
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 (%)6.75


MBMR - 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 NameMBM RESOURCES BHD  
Stock Name MBMR  
Date Announced6 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-150306-40547

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 RM1.00 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)
Acquired03/03/2015
300,000
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect
Direct (units)53,044,691 
Direct (%)13.58 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change53,044,691
Date of notice04/03/2015

Remarks :
Direct Interest:
(A) Employees Provident Fund Board (1,500,000)

(B) Under Citigroup Nominees (Tempatan) Sdn Bhd
(1) Employees Provident Fund Board (42,544,691)
(2) Employees Provident Fd Bd (NOMURA) (9,000,000)

MBM Resources Berhad received the Form 29B dated 4 March 2015 from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of Employees Provident Fund Board on 6 March 2015.


P&O - Changes in Director's Interest (S135) - Chan Thye Seng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePACIFIC & ORIENT BERHAD  
Stock Name P&O    
Date Announced6 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoP&-150306-57218

Information Compiled By KLSE

Particulars of Director

NameChan Thye Seng
Address11th Floor, Wisma Bumi Raya, No. 10, Jalan Raja Laut, 50350 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of MYR0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
03/03/2015
65,000
 
Acquired
05/03/2015
20,000
 
Acquired
06/03/2015
20,000
 

Circumstances by reason of which change has occurredAcquisition in open market
Nature of interestIndirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)28,713,736 
Direct (%)11.96 
Indirect/deemed interest (units)108,876,818 
Indirect/deemed interest (%)45.36 
Date of notice06/03/2015


P&O - Changes in Sub. S-hldr's Int. (29B) - Chan Thye Seng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePACIFIC & ORIENT BERHAD  
Stock Name P&O    
Date Announced6 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoP&-150306-57333

Particulars of substantial Securities Holder

NameChan Thye Seng
Address11th Floor, Wisma Bumi Raya, No. 10 Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.561218-10-5893
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of MYR0.50
Name & address of registered holderTan Soo Leng
No. 2, Changkat Kia Peng,
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/03/2015
65,000
 
Acquired05/03/2015
20,000
 
Acquired06/03/2015
20,000
 

Circumstances by reason of which change has occurredAcquisition in open market
Nature of interestIndirect interest
Direct (units)28,713,736 
Direct (%)11.96 
Indirect/deemed interest (units)108,876,818 
Indirect/deemed interest (%)45.36 
Total no of securities after change137,590,554
Date of notice06/03/2015


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

Announcement Type: General Announcement
Company NamePACIFIC & ORIENT BERHAD  
Stock Name P&O    
Date Announced6 Mar 2015  
CategoryGeneral Announcement
Reference NoP&-150306-56488

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionWe wish to inform that pursuant to Paragrapgh 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we have received a notification dated 6 March 2015 from Mr. Chan Thye Seng in relation to his dealings in the securities of the Company, details as follows:-

Date of transactionNo. of ordinary shares of RM0.50 each acquired%Nature of interest
3.3.201565,0000.027Indirect
5.3.201520,0000.008Indirect
6.3.201520,0000.008Indirect



MKH-WB - Changes in Director's Interest (S135) - Datuk Chen Fook Wah

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMKH BERHAD  
Stock Name MKH-WB  
Date Announced6 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoM--150305-49297

Information Compiled By KLSE

Particulars of Director

NameDatuk Chen Fook Wah
AddressNo. 1, Jalan 9/6, Taman Bukit Mewah, Fasa 9, 43000 Kajang, Selangor Darul Ehsan.
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
04/03/2015
206
1.300 

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

Total no of securities after change

Direct (units)116,000 
Direct (%)0.335 
Indirect/deemed interest (units)15,043,282 
Indirect/deemed interest (%)43.452 
Date of notice06/03/2015

Remarks :
The indirect/deemed interest is through Chen Choy & Sons Realty Sdn Bhd : 15,043,282


METROD - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameMETROD HOLDINGS BERHAD  
Stock Name METROD  
Date Announced6 Mar 2015  
CategoryGeneral Announcement
Reference NoCK-150306-64154

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionMETROD HOLDINGS BERHAD (“METROD” OR “COMPANY”)
- Claims against Metrod and its subsidiaries (“Metrod Group”)

(The definitions and abbreviations used in this announcement are the same as those previously defined in Metrod’s announcements dated 3 July 2012, 19 July 2012, 23 July 2012, 2 August 2013, 3 December 2014 and 18 December 2014 in relation to the potential claims against the Metrod Group)

Further to the updates on material litigation in the fourth quarterly report for the financial period ended 31 December 2014 announced on 26 February 2015, the Board of Directors of Metrod (“Board”) wishes to announce that Metrod Singapore Pte Ltd (“Metrod Singapore”) (a wholly-owned subsidiary of the Company) has come to know of the claim for setting aside the arbitral award dated 3 December 2014 (the “Set-Aside Claim”) from ASTA Energy Transmission Components GmbH (formerly known as GEP II Beteiligungs GmbH) (“Claimant”). The Set-Aside Claim was filed by the Claimant on 27 February 2015 with the Austrian Supreme Court which is yet to be served on Metrod Singapore.

Upon receipt of the Set-Aside Claim, Metrod Singapore has four (4) weeks to file its answer to the Claim. Further submissions can be ordered by the Supreme Court and oral hearing might take place. The Supreme Court judgment will be final and binding. The Supreme Court does not render any decision on the merits itself, it only sets-aside the arbitral award or maintains it in place.

The legal counsel representing Metrod Singapore is of the view that it is more likely that Metrod prevails in these proceedings. Consequently the Set-Aside Claim is not expected to have any material impact on the earnings and net assets of Metrod Group for the financial year ending 31 December 2015.

Further announcement on the Set-Aside Claim will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 6 March 2015.



PUNCAK - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced6 Mar 2015  
CategoryGeneral Announcement
Reference NoPN-150223-41257

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionPUNCAK NIAGA HOLDINGS BERHAD (416087-U) (“PUNCAK” OR THE “COMPANY”)
MEMORANDUM OF UNDERSTANDING (“MoU”) BETWEEN THE COMPANY’S 70% OWNED SUBSIDIARY, SYARIKAT BEKALAN AIR SELANGOR SDN BHD (“SYABAS”) AND THE NATIONAL INSTITUTE OF OCCUPATIONAL SAFETY AND HEALTH (“NIOSH”) DATED 22 FEBRUARY 2011

Reference is made to the Company's earlier announcements dated 22 February 2011, 20 May 2011, 19 August 2011, 21 November 2011, 21 February 2012, 21 May 2012, 17 August 2012, 21 November 2012, 21 February 2013, 21 May 2013, 21 August 2013, 21 November 2013, 21 February 2014, 21 May 2014, 21 August 2014 and 21 November 2014 on the MoU dated 22 February 2011 between SYABAS and NIOSH to establish an arrangement to develop a comprehensive safety training and assessment programme, namely the Occupational Safety and Health – SYABAS NIOSH Safety Card (“OSH - SNSC”) training for SYABAS’ Contractors’ Workers, leading to the award of SYABAS NIOSH Safety Card for SYABAS’ Contractors’ Workers.

The collaboration between SYABAS and NIOSH pursuant to the MoU dated 22 February 2011 has been extended to 21 February 2017 by a notice of extension dated 18 February 2015 received from NIOSH by SYABAS on 5 March 2015.

This announcement is dated 6 March 2015.



AXIATA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced6 Mar 2015  
CategoryGeneral Announcement
Reference NoAG-150306-65200

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionMATERIAL LITIGATION UPDATE - SETTLEMENT

Axiata Group Berhad (“Axiata”) wishes to announce that Celcom Axiata Berhad (“Celcom”), Celcom Resources Berhad (“Celcom Resources”) and Dato’ Lim Kheng Yew (“DLKY”) have reached an amicable settlement without any admission as to liability in respect of their ongoing legal disputes, namely:-

  1. Court of Appeal Civil Appeal No W-02-938-04/2012 arising from Kuala Lumpur High Court (Commercial Division) Suit No. S3-22-370-2004 (formerly suit No. D7-22-2655-2002) Technology Resources Industries Berhad (now known as Celcom Resources) vs Tan Sri Dato’ Tajudin Bin Ramli (“TSDTR”), Dato’ Bistaman Ramli (“DBR”) and DLKY;

  2. Kuala Lumpur High Court Civil Suit No: D5-22-610-2006 Celcom & another Resources vs TSDTR and 8 Others; and

  3. Kuala Lumpur High Court Civil Suit No: D1-22-1960-2008 Celcom & another vs TSDTR & 6 others.

Pursuant to the above, Celcom and Celcom Resources have today filed their respective notices of discontinuance with no order as to costs and without liberty to file afresh against DLKY in respect of Civil Suit Nos: D5-22-610-2006 and D1-22-1960-2008. 

 

Axiata will make further announcements from time to time in respect of any material developments in this matter.

 

This announcement is dated 6 March 2015.

 



TIGER - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTIGER SYNERGY BERHAD  
Stock Name TIGER  
Date Announced6 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150306-58654

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTIGER SYNERGY BERHAD ("TIGER" or "THE COMPANY")
- KUALA LUMPUR HIGH COURT ORIGINATING SUMMONS NO. 24NCVC-237-02/2015
- KUALA LUMPUR HIGH COURT ORIGINATING SUMMONS NO. 24NCVC-239-02/2015

The Board of Directors of Tiger Synergy Berhad ("TIGER" or "the Company") wishes to announce that MHB Property Development Sdn. Bhd. ("MHB"), its wholly-owned subsidiary had been served with two (2) sealed Amended Originating Summons, both dated 23 February 2015 by Messrs. Peterling & Co on the following legal suits :-

(1) A sealed Amended Originating Summons has been served by Ong Siew Teng ("OST") against MHB for an application to amend the Originating Summons to include MHB as the respondent to the suit.

A sealed order has been served against MHB for the private caveat lodged by OST onto the land held under Lot 56102, GM 4322, Mukim Kuala Lumpur to be extended for another six (6) months from the date of the order.

The Amended Originating Summons is fixed for hearing on 10 March 2015.

(2) A sealed Amended Originating Summons has been served by Kay Yew Kiang ("KYK") against MHB for an application to amend the Originating Summons to include MHB as the respondent to the suit.

A sealed order has been served against MHB for the private caveat lodged by KYK onto the land held under Lot 56100, GM 4320, Mukim Kuala Lumpur to be extended for another six (6) months from the date of the order.

The Amended Originating Summons is fixed for hearing on 10 March 2015.

Further development of the above litigations will be announced on Bursa Malaysia Securities Berhad in due course,

This announcement is made on 6 March 2015.



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