April 7, 2015

Company announcements: AMWAY, TAKASO, TALIWRK, TEXCHEM, LYSAGHT, GADANG, RCECAP, INTEGRA

AMWAY - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMWAY (MALAYSIA) HOLDINGS BERHAD  
Stock Name AMWAY  
Date Announced7 Apr 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-150407-23D7F

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB
201-A , Jalan Tun Razak
50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
Tingkat 4, Balai PNB
201-A , Jalan Tun Razak
50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed03/04/2015
14,000
 

Circumstances by reason of which change has occurredSale of Shares
Nature of interestDirect
Direct (units)23,740,900 
Direct (%)14.44 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change23,740,900
Date of notice03/04/2015

Remarks :
This Form 29B dated 3 April 2015 was received by the Company on 7 April 2015.


TAKASO - TAKASO-Unusual Market Activity ("UMA") query by Bursa Securities

Announcement Type: Listing Circular
Company NameTAKASO RESOURCES BERHAD  
Stock Name TAKASO  
Date Announced7 Apr 2015  
CategoryListing Circular
Reference NoTE-150407-65482

LISTING'S CIRCULAR NO. L/Q : 72862 OF 2015

Bursa Malaysia Securities Berhad has on 7 April 2015 issued an UMA query on the recent rise in volume of TAKASO’s shares.
In this respect, investors are advised to take note of the Company’s reply to the above UMA query which will be posted at Bursa Malaysia’s website under the company announcements, http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision.

The contents of the UMA query is as follows:-
We draw your attention to the recent rise in volume of your Company’s shares (“trading activity”).

In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with Paragraph 9.11 of Main Market Listing Requirements ("LR"):-

1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of the LR;

3. whether you are aware of any other possible explanation to account for the trading activity; and

4. whether you are in compliance with the LR, in particular Paragraphs 9.03 of the LR on immediate disclosure obligations.

Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.


TALIWRK - OTHERS TALIWORKS CORPORATION BERHAD (“TALIWORKS” OR “THE COMPANY”) – Proposed issuance of Sukuk (“Sukuk Murabahah”) based on the Shariah principle of Murabahah (via a Tawarruq arrangement) of RM210.0 million in nominal value

Announcement Type: General Announcement
Company NameTALIWORKS CORPORATION BERHAD  
Stock Name TALIWRK  
Date Announced7 Apr 2015  
CategoryGeneral Announcement
Reference NoCK-150407-0C639

TypeAnnouncement
SubjectOTHERS
DescriptionTALIWORKS CORPORATION BERHAD (“TALIWORKS” OR “THE COMPANY”)

– Proposed issuance of Sukuk (“Sukuk Murabahah”) based on the Shariah principle of Murabahah (via a Tawarruq arrangement) of RM210.0 million in nominal value

The Board of Directors of Taliworks is pleased to announce that the Securities Commission Malaysia (“SC”) had vide its letter dated 3 April 2015 authorised the proposed issuance of Sukuk Murabahah based on the Shariah principle of Murabahah (via a Tawarruq arrangement) of RM210.0 million in nominal value to be undertaken by Grand Sepadu (NK) Sdn Bhd (formerly known as Jejak Melewar Sdn Bhd) (“GSNK”). 

GSNK (a joint venture company which TCB has a 75% indirect equity interest) operates and maintains the concession of the New North Klang Straits Bypass Expressway.

The proceeds from the issuance of the Sukuk Murabahah will be utilised to facilitate the roll-over of the short term syndicated bridging loan facility of up to RM200.0 million undertaken by GSNK into the Sukuk Murabahah and for working capital purposes.

Hong Leong Investment Bank Berhad is the Principal Adviser and Lead Arranger for the Sukuk Murabahah. 

This announcement is dated 7 April 2015.

 

 

 

 

 



TEXCHEM - OTHERS DELISTING NOTIFICATION TO TEXCHEM-PACK HOLDINGS (S) LTD. PURSUANT TO RULE 1315 OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED’S LISTING MANUAL

Announcement Type: General Announcement
Company NameTEXCHEM RESOURCES BERHAD  
Stock Name TEXCHEM  
Date Announced7 Apr 2015  
CategoryGeneral Announcement
Reference NoTR-150407-63618

TypeAnnouncement
SubjectOTHERS
DescriptionDELISTING NOTIFICATION TO TEXCHEM-PACK HOLDINGS (S) LTD. PURSUANT TO RULE 1315 OF THE SINGAPORE EXCHANGE SECURITIES TRADING
LIMITED’S LISTING MANUAL

The Board of Directors (“Board”) of Texchem Resources Bhd. (“TRB”) refers to the announcements made by TRB on 6 March 2014, 10 March 2014, 3 April 2014, 4 June 2014 and 7 October 2014 in relation to the delisting notification issued by Singapore Exchange Securities Trading Limited (“SGX-ST”) to Texchem-Pack Holdings (S) Ltd. (“TXPHS”), a 70.48% owned subsidiary of TRB, under Rule 1315 of the Listing Manual of SGX-ST.

 

The Board of TRB wishes to announce that TRB, being the major shareholder of TXPHS, is currently preparing an exit offer to be issued to TXPHS’s shareholders. In coming up with an exit offer price, TRB would require an accurate estimate of the value of the assets of TXPHS and its subsidiaries. Thus, a valuation of these assets is necessary. TXPHS is currently in the process of appointing a valuer and independent financial adviser. As the plant and machinery assets of TXPHS and its subsidiaries are located in different countries, the valuer would need approximately 8 weeks to complete its valuation report. Further, the independent financial advisers being shortlisted by TXPHS will require a valuation report before they can put forward their report to TXPHS.

 

In view of the above requirements, TRB would not be able to meet the 7 April 2015 deadline to submit its reasonable exit offer proposal to the SGX-ST. As such, TXPHS had on 2 April 2015 applied to the SGX-ST seeking a further extension of a further 3 months for TRB to submit a reasonable exit offer proposal to the SGX-ST.

 

TRB will make further announcements as and when there are material updates on the status of the exit offer proposal. 

 

This announcement is dated 7 April 2015.



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

Announcement Type: General Announcement
Company NameLYSAGHT GALVANIZED STEEL BERHAD  
Stock Name LYSAGHT  
Date Announced7 Apr 2015  
CategoryGeneral Announcement
Reference NoCC-150407-57857

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionLYSAGHT GALVANIZED STEEL BERHAD (“LYSAGHT” or “THE COMPANY”)
PROPOSED DISPOSAL BY LYSAGHT OF LEASEHOLD LAND HELD UNDER INDIVIDUAL TITLE HSD137536 PT127, BANDAR SUNWAY, DISTRICT OF PETALING, STATE OF SELANGOR MEASURING APPROXIMATELY 352 SQUARE METRES TOGETHER WITH A 4-STOREY SHOP-OFFICE ERECTED THEREON AND BEARING POSTAL ADDRESS OF NO.17, JALAN PJS 8/5, PJ SELATAN, 46000 SELANGOR DARUL EHSAN FOR A TOTAL CASH CONSIDERATION OF RM6,400,000.00 TO SEMAI HARUMAN SDN BHD ("PROPOSED DISPOSAL")

Further to the Company's announcement dated 5 September 2014 in relation to the Proposed Disposal, the Board of Directors of Lysaght wishes to announce that the Proposed Disposal was completed on 28 March 2015.

This announcement is dated 7 April 2015.



GADANG - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameGADANG HOLDINGS BHD  
Stock Name GADANG  
Date Announced7 Apr 2015  
CategoryGeneral Meetings
Reference NoGH-150407-59718

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionPROPOSED ACQUISITION BY CRIMSON VILLA SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF GADANG HOLDINGS BERHAD, OF A PARCEL OF FREEHOLD LAND IN SEMENYIH, SELANGOR MEASURING APPROXIMATELY 62.84 ACRES ("LAND") FROM SEMENTAR PROPERTIES SDN BHD FOR PURCHASE CONSIDERATION OF APPROXIMATELY RM95.8 MILLION TO BE SATISFIED IN FULL VIA CASH ("PROPOSED ACQUISITION")
Date of Meeting23/04/2015
Time10:00 AM
VenueKiara Room, Sri Damansara Club Berhad, Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur
Date of General Meeting Record of Depositors16/04/2015

Attachments

Gadang - Notice of EGM.pdf
129 KB



RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced7 Apr 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-150407-62718

Date of buy back07/04/2015
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)170,000
Minimum price paid for each share purchased ($$)0.325
Maximum price paid for each share purchased ($$)0.325
Total consideration paid ($$)55,674.96
Number of shares purchased retained in treasury (units)170,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)55,778,900
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 (%)4.18


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 Announced7 Apr 2015  
CategoryGeneral Announcement
Reference NoCK-150407-41ADA

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 on dealings in securities, Integrax Berhad had received notification from Amin Bin Halim Rasip, a Director of Integrax Berhad in relation to his acceptance of General Offer from Tenaga Nasional Berhad. Kindly refer to the table below for further information.

Date of Change

Number of Shares Acquired/ (Disposed)

% of the Securities

Transaction Price Per Share (RM)

Remarks

Direct

Indirect

02.04.2015

-

(6,788,002)1

2.26

3.175

Acceptance of General Offer from Tenaga Nasional Berhad

02.04.2015

-

(6,997,365)2

2.33

3.175

Acceptance of General Offer from Tenaga Nasional Berhad

Note:

1. Deemed interest by virtue of his shareholdings in Rakewood Enterprises Ltd.

2. Deemed interest by virtue of his shareholdings in Shafston Group Limited.



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

Announcement Type: General Announcement
Company NameINTEGRAX BERHAD  
Stock Name INTEGRA  
Date Announced7 Apr 2015  
CategoryGeneral Announcement
Reference NoCK-150407-92148

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 on dealings in securities, Integrax Berhad had received notification from Datuk Shireen Ann Zaharah Binti Muhiudeen, a Director of Integrax Berhad in relation to the acceptance of General Offer from Tenaga Nasional Berhad. Kindly refer to the table below for further information.

We wish to highlight that the general offer price accepted by British Columbia Investment Management Corporation on 25 February 2015 was RM3.25 per share instead of RM3.175 per share. Kindly refer to the table below for further information.

Date of Change

Number of Shares Acquired/ (Disposed)

% of the Securities

Transaction Price Per Share (RM)

Remarks

Direc

Indirect

30.03.2015

-

(7,538,600)1

2.5060

3.25

Acceptance of General Offer from Tenaga Nasional Berhad

Notes:

1. Deemed interested by virtue of her being the Managing Director of Corston-Smith Asset Management Sdn Bhd, the fund manager for the ordinary shares of the Company held on behalf of British Columbia Investment Management Corporation.



INTEGRA - Changes in Director's Interest (S135) - Amin Bin Halim Rasip

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINTEGRAX BERHAD  
Stock Name INTEGRA  
Date Announced7 Apr 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-150407-41AF0

Information Compiled By KLSE

Particulars of Director

NameAmin Bin Halim Rasip
AddressNo. 85, Jalan Setiabistari
Bukit Damansara
50490 Kuala Lumpur
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)
Disposed
02/04/2015
13,785,367
 

Circumstances by reason of which change has occurredAcceptance of General Offer from Tenaga Nasional Berhad
Nature of interestIndirect.
Consideration (if any) 

Total no of securities after change

Direct (units)8,800 
Direct (%)0.0029 
Indirect/deemed interest (units)10,000 
Indirect/deemed interest (%)0.0033 
Date of notice07/04/2015


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