March 18, 2015

Company announcements: SHELL, GLOMAC, TSRCAP, WASEONG, PCHEM, SKPETRO, IHH, TITIJYA

SHELL - 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 NameSHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD  
Stock Name SHELL  
Date Announced18 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-150318-086CB

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
(for EMPLOYEES PROVIDENT FUND BOARD)
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)
Disposed13/03/2015
10,400
 

Circumstances by reason of which change has occurredDisposal of shares managed by CITIGROUP NOMINEES (TEMPATAN) SDN BHD
Nature of interestDirect Interest
Direct (units)49,280,000 
Direct (%)16.43 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change49,280,000
Date of notice16/03/2015

Remarks :
The Form 29B was received on 18 March 2015


GLOMAC - OTHERS Press Statement on Glomac Berhad's unaudited results for the 3rd Quarter ended 31 January 2015

Announcement Type: General Announcement
Company NameGLOMAC BERHAD  
Stock Name GLOMAC  
Date Announced18 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150318-A0832

TypeAnnouncement
SubjectOTHERS
DescriptionPress Statement on Glomac Berhad's unaudited results for the 3rd Quarter ended 31 January 2015

We are pleased to enclose herewith the press release made by Glomac Berhad dated 18 March 2015 in conjuction with the announcement of Glomac Berhad's unaudited results for the 3rd Quarter ended 31 January 2015.

Attachments

3QFY2015-BM.pdf
107 KB

3QFY2015-English.pdf
108 KB



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

Announcement Type: Financial Results
Company NameGLOMAC BERHAD  
Stock Name GLOMAC  
Date Announced18 Mar 2015  
CategoryFinancial Results
Reference NoCS-150310-42C5E

Financial Year End30/04/2015
Quarter3
Quarterly report for the financial period ended31/01/2015
The figureshave not been audited
  • 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
110,956
183,720
303,785
501,793
2Profit/(loss) before tax
42,481
35,455
94,490
118,870
3Profit/(loss) for the period
25,810
23,547
61,831
88,556
4Profit/(loss) attributable to ordinary equity holders of the parent
23,397
22,710
57,414
86,044
5Basic earnings/(loss) per share (Subunit)
3.23
3.12
7.91
11.90
6Proposed/Declared dividend per share (Subunit)
2.00
2.25
2.00
2.25


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 ($$)
1.2700
1.2200
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


TSRCAP - OTHERS TSR CAPITAL BERHAD (“TSR” OR “COMPANY”) PROPOSED DISPOSAL OF 2,050,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE TOTAL ISSUED AND PAID UP CAPITAL OF TSR PROPERTIES SDN BHD (“TSRP”) (“PROPOSED DISPOSAL OF TSRP SHARES”)

Announcement Type: General Announcement
Company NameTSR CAPITAL BERHAD  
Stock Name TSRCAP  
Date Announced18 Mar 2015  
CategoryGeneral Announcement
Reference NoTC-150318-56015

TypeAnnouncement
SubjectOTHERS
DescriptionTSR CAPITAL BERHAD (“TSR” OR “COMPANY”)
PROPOSED DISPOSAL OF 2,050,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE TOTAL ISSUED AND PAID UP CAPITAL OF TSR PROPERTIES SDN BHD (“TSRP”) (“PROPOSED DISPOSAL OF TSRP SHARES”)

1.    INTRODUCTION 

 The Board of Directors of TSR Capital Berhad ("TSR" or "the Company") wishes to announce that the Company has on 18 March 2015 entered into a Share Sale Agreement  ("SSA") with Jajaran Erat Sdn Bhd ("the Purchaser"), for the disposal of 2,050,000 ordinary shares of RM1.00 each representing 100% of the total issued and paid up capital of TSR  Properties Sdn Bhd (“TSRP”) for a total cash consideration of RM1,900,000.00 ("Sale Consideration") ("Disposal").

2.  DETAILS OF THE DISPOSAL

 2.1 The Disposal

 On 18 March 2015, TSR disposed of its entire equity interest comprising 2,050,000 ordinary shares of RM1.00 each representing 100% of the total issued and paid up  capital  of TSRP for a total cash consideration of RM1,900,000.00.

 Following the Disposal, TSRP would cease to be a wholly-owned subsidiary company of TSR.

 2.2 Basis of arriving at the Sale Consideration

 The Sale Consideration for the Disposal was mutually agreed upon on a "willing buyer willing seller" basis and after taking into consideration the net tangible assets of TSRP of  RM1.598 million based on the audited financial statements of TSRP as at 31 December 2013 and the settlement of the inter-companies amount owing by TSRP to TSR Group.

 2.3 Cost of Investment

 The original cost of investment of TSR in TSRP was RM2.042 million and the date of such investment was on 1 November 2001.

 2.4  Mode of satisfaction of the Sale Consideration

 The Sale Consideration of RM1.9 million shall be satisfied fully in cash by the Purchaser and shall be payable to the Company within three (3) months from the date of this  SSA.

 2.5 Utilisation of Proceeds 

 The proceeds from the Disposal will be utilised by TSR for working capital purposes.

 2.6  Assumption of Liabilities

 The Purchaser shall take over all the assets of TSRP on as is where is basis and assume all existing liabilities of TSRP free from all encumbrances and subject always to the  full  settlement of the outstanding payable of TSRP to all its related Companies within TSR Group as at the date of the Transfer of the Company’s shares (as at 31  December 2013 the  total outstanding is RM1,706,838.00).

3. INFORMATION ON TSRP

 TSRP was incorporated in Malaysia under Companies Act, 1965 on 2 September 1995. Its authorized and fully paid-up share capital as at the date of the SSA is RM5,000,000  comprising 5,000,000 ordinary shares of RM1.00 each and RM2,050,000 comprising 2,050,000 ordinary shares of RM1.00 each respectively.

4. INFORMATION ON THE PURCHASER

 The Purchaser was incorporated in Malaysia under Companies Act, 1965 on 3 March 2015.

5. RATIONALE

 The Disposal will enable TSR Group to realise the value of its investment and is in line with its overall objective to dispose of its non-core assets and to streamline its operations.

6. EFFECTS OF THE DISPOSAL

 Share Capital and Substantial Shareholders' Shareholdings

 The Disposal will not have any effect on the issued and paid-up share capital and substantial shareholders' shareholdings of the Company.

 Earnings Per Share (“EPS”)

 The Disposal is expected to record a gain of RM0.3 million at TSR Group level resulting in an increase of 0.3 sen per share in TSR’s EPS for the year ending 31 December 2015.

 Net Asset ("NA") Per Share and Gearing

 The Disposal will not have any material effect on the NA per share and gearing of TSR for the financial year ending 31 December 2015.

7. APPROVALS REQUIRED

 The Disposal is not subject to the approval of shareholders of the Company since the highest percentage ratio applicable to the Disposal pursuant to paragraph 10.02(g) of the  Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") is 3%. The Disposal is also not subject to approval of any other relevant government authorities.

8. DIRECTORS', MAJOR SHAREHOLDERS' AND CONNECTED PERSON'S INTERESTS

 None of the Directors or major shareholders of TSR and/or persons connected to them has any direct or indirect interest in the Disposal.

9. DIRECTORS' RECOMMENDATION

 The Board of TSR, having considered all aspects of the Disposal is of the opinion that the Disposal is in the best interest of TSR Group.

10. DOCUMENTS FOR INSPECTION

 The SSA can be inspected for a period of three (3) months from the date of this announcement at the registered office of the Company at Level 16, Menara TSR, 12, Jalan PJU 7/3,  Mutiara Damansara, 47810 Petaling Jaya, Selangor Darul Ehsan during normal business hours from Monday to Friday (except public holidays).

This announcement is dated 18 March 2015.




WASEONG - 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 NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced18 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWS-150318-2AC14

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 holderEmployees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
(521,724 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(36,940,137 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(6,169,729 ordinary shares of RM0.50 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed13/03/2015
50,000
 

Circumstances by reason of which change has occurredDisposal of shares by Portfolio Manager for Employees Provident Fund Board
Nature of interestDirect
Direct (units)43,631,590 
Direct (%)5.6622 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change43,631,590
Date of notice16/03/2015

Remarks :
1. Disposal of 50,000 shares by Citigroup Nominees (Tempatan) Sdn Bhd for Employees Provident Fund Board (NOMURA).

2. The Notice of Change in the Interest of Substantial Shareholder dated 16 March 2015 was received on 18 March 2015 from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board.


PCHEM - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced18 Mar 2015  
CategoryGeneral Meetings
Reference NoPC-150317-30331

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionPETRONAS CHEMICALS GROUP BERHAD

NOTICE OF ANNUAL GENERAL MEETING
Date of Meeting13/04/2015
Time10:30 AM
VenueCONFERENCE HALL 1 AND 2
KUALA LUMPUR CONVENTION CENTRE
JALAN AMPANG
50088 KUALA LUMPUR
Date of General Meeting Record of Depositors06/04/2015

Attachments

AGM Notice.PDF
415 KB



SKPETRO - 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 NameSAPURAKENCANA PETROLEUM BERHAD  
Stock Name SKPETRO  
Date Announced18 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-150318-4D90B

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
Employees Provident Fund Board
Employees Provident Fund Board (MAYBAN)
Employees Provident Fund Board (KAF FM)
Employees Provident Fund Board (CIMB PRI)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/03/2015
3,000,000
 
Transferred13/03/2015
5,000,000
 
Transferred13/03/2015
2,249,100
 
Transferred13/03/2015
5,000,000
 
Transferred13/03/2015
2,249,100
 
Disposed13/03/2015
3,249,100
 

Circumstances by reason of which change has occurred1. Acquired
2. Transferred from Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) to Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board
3. Transferred from Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KAF FM) to Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board
4. Disposed
Nature of interestDirect
Direct (units)890,106,494 
Direct (%)14.85 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change890,106,494
Date of notice16/03/2015

Remarks :
The Form 29B dated 16 March 2015 was received on 18 March 2015.


IHH - 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 NameIHH HEALTHCARE BERHAD  
Stock Name IHH  
Date Announced18 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIH-150318-81EEC

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 holderEmployees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur.
(97,534,000 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(591,334,400 ordinary shares of RM1.00 each)

Employees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur.
(199,300 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (AM INV)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(4,669,600 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(14,305,000 ordinary shares of RM1.00 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed13/03/2015
500,000
 
Disposed13/03/2015
74,000
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect
Direct (units)708,042,300 
Direct (%)8.66 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change708,042,300
Date of notice16/03/2015

Remarks :
Notice was received on 18 March 2015.


IHH - OTHERS Grant of units under the Long Term Incentive Plans (“LTIPs”) of IHH HEALTHCARE BERHAD ("IHH")

Announcement Type: General Announcement
Company NameIHH HEALTHCARE BERHAD  
Stock Name IHH  
Date Announced18 Mar 2015  
CategoryGeneral Announcement
Reference NoIH-150318-53969

TypeAnnouncement
SubjectOTHERS
DescriptionGrant of units under the Long Term Incentive Plans (“LTIPs”) of IHH HEALTHCARE BERHAD ("IHH")

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, IHH wishes to announce the following grant of units under the LTIPs.

The details of the units granted to an eligible employee of IHH Group are set out in Table 1 hereunder:

Table 1

No.

Description of grant of units under the LTIPs

1.

Date of offer/grant

:

18 March 2015

2.

Number of units offered/granted *

:

466,000

3.

Closing market price of IHH’s shares on the date of offer/grant

:

RM5.80

4.

Number of units offered/granted to each director

:

Nil

5.

Vesting date **

Number of Shares

18 March 2015

466,000

** All LTIP units that have been vested will be surrendered to IHH and IHH shall allot and issue such number of shares to the eligible employees on the basis one (1) share for each LTIP unit.



TITIJYA - OTHERS JOINT VENTURE AGREEMENT BETWEEN BINA PURI CONSTRUCTION SDN. BHD. AND TITIJAYA LAND BERHAD

Announcement Type: General Announcement
Company NameTITIJAYA LAND BERHAD  
Stock Name TITIJYA  
Date Announced18 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150318-60941

TypeAnnouncement
SubjectOTHERS
DescriptionJOINT VENTURE AGREEMENT BETWEEN BINA PURI CONSTRUCTION SDN. BHD. AND TITIJAYA LAND BERHAD

Reference is made to the Company’s announcement dated 18 April 2014 pertaining to the joint venture agreement (“Joint Venture Agreement”) entered into between the Company and Bina Puri Construction Sdn Bhd (“BPCSB”), a wholly-owned subsidiary of Bina Puri Holdings Berhad a company listed on the Main Market of Bursa Malaysia Securities Berhad, to jointly participate in a mixed development project on a portion of the land held under H.S (D) No. 103349, Lot PT 110, Seksyen 69, Bandar Kuala Lumpur, Daerah and Negeri Wilayah Persekutuan Kuala Lumpur situated at Brickfields, which is to be undertaken by the joint venture company known as Prosperous Hectares Sdn Bhd (“PHSB”), the then wholly-owned subsidiary of the Company.

Pursuant to the terms and conditions of the Joint Venture Agreement, the Company and BPCSB have on 18 March 2015 subscribed for new ordinary shares of RM1.00 each in PHSB, resulting in the enlarged and issued share capital of PHSB being held by the Company and BPCSB as follows:-  

Shareholders

No. of Shares

Percentage of Shareholding (%)

The Company

2,100,000

70%

BPCSB

900,000

30%

Total

3,000,000

100%

Consequent thereto, the Company’s equity interest in PHSB has decreased from 100% to 70% of the issued and paid-up share capital of PHSB, thus resulting in PHSB ceased to be a wholly owned subsidiary of the Company, but remains as a subsidiary of the Company.

None of the Directors and/or major shareholders and/or persons connected with a Director or major shareholder of the Company has any interest, direct and indirect in the aforesaid subscription of shares in PHSB.

This announcement is dated 18 March 2015.

 



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