April 1, 2015

Company announcements: PARKSON, VS, RPB, FPI, KESM, PARAGON, BRAHIMS, INTEGRA, WCT, BERTAM

PARKSON - Changes in Sub. S-hldr's Int. (29B) - TAN SRI CHENG HENG JEM

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced1 Apr 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPH-150324-62107

Particulars of substantial Securities Holder

NameTAN SRI CHENG HENG JEM
AddressA-16-1, Blok A, Satu Residensi, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur
NRIC/Passport No/Company No.430319-71-5033
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holder(1) Own (79,347 shares)

(2) Various nominees - beneficially owned by Tan Sri Cheng Heng Jem (15,800,602 shares)

(3) Likom Computer System Sdn Bhd (3,380 shares)
Level 14, Lion Office Tower
No. 1 Jalan Nagasari
50200 Kuala Lumpur

(4) Lion Development (Penang) Sdn Bhd (45,758 shares)
Level 14, Lion Office Tower
No. 1 Jalan Nagasari
50200 Kuala Lumpur

(5) Lion Corporation Berhad (5,742 shares)
Level 14, Lion Office Tower
No. 1 Jalan Nagasari
50200 Kuala Lumpur

(6) Various nominees - beneficially owned by Lion Industries Corporation Berhad (3,021,342 shares)

(7) Various nominees - beneficially owned by Amsteel Mills Sdn Bhd (7,369,178 shares)

(8) Deluxe Venture International Limited (15,569 shares)
Level 14, Lion Office Tower
No. 1 Jalan Nagasari
50200 Kuala Lumpur

(9) A nominee - beneficially owned by Excel Step Investments Limited (2,256,747 shares)

(10) Trillionvest Sdn Bhd (4,880 shares)
Level 14, Lion Office Tower
No. 1 Jalan Nagasari
50200 Kuala Lumpur

(11) Various nominees - beneficially owned by Trillionvest Sdn Bhd (564,609 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired26/03/2015
29,167,154
 

Circumstances by reason of which change has occurred(1) and (2) - Distribution of share dividend by Parkson Holdings Berhad
(3) to (11) - By virtue of Section 6A(4)(c)
Nature of interestDirect and indirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change612,510,359
Date of notice31/03/2015


VS - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameV.S. INDUSTRY BERHAD  
Stock Name VS  
Date Announced1 Apr 2015  
CategoryGeneral Announcement
Reference NoMI-150401-65356

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionV.S. INDUSTRY BERHAD (“VSIB” OR “COMPANY”)

(I) PROPOSED PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF VSIB (“PROPOSED PLACEMENT”);

(II) PROPOSED TERMINATION OF THE COMPANY’S EXISTING EMPLOYEES’ SHARE OPTION SCHEME (“EXISTING ESOS”) (“PROPOSED ESOS TERMINATION”); AND

(III) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES’ SHARE OPTION SCHEME OF UP TO FIFTEEN PERCENT (15%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF VSIB (“PROPOSED NEW ESOS”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

On behalf of the Board of Directors of VSIB, Maybank Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposals.

Please refer to the attachment for further details.

This announcement is dated 1 April 2015.

Attachments

VSIB_Announcement.pdf
299 KB



RPB - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameRELIANCE PACIFIC BERHAD  
Stock Name RPB  
Date Announced1 Apr 2015  
CategoryGeneral Announcement
Reference NoRP-150324-69234

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionRELIANCE PACIFIC BERHAD ("RPB" or "the Company")
-MEMBERS VOLUNTARY WINDING UP OF A DORMANT AUSTRALIAN SUBSIDIARY COMPANY

Further to the announcement made on 22 March 2011, we wish to announce that the voluntary winding up and deregistration process of a dormant Australian subsidiary company, Reliance-OSW (Nominees) Pty Ltd has been completed.

This announcement is dated 1 April 2015

 



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

Announcement Type: General Announcement
Company NameFORMOSA PROSONIC INDUSTRIES BERHAD  
Stock Name FPI  
Date Announced1 Apr 2015  
CategoryGeneral Announcement
Reference NoCK-150401-A3F15

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionFORMOSA PROSONIC INDUSTRIES BERHAD

I PROPOSED ACQUISITION BY FORMOSA PROSONIC INDUSTRIES BHD OF A REGISTERED LEASE INTEREST IN THE LAND UNDER GERAN 49384, LOT 184 SEKSYEN 65, BANDAR SUNGAI PETANI, DAERAH KUALA MUDA, NEGERI KEDAH TOGETHER WITH BUILDINGS ERECTED THEREON FROM FORMOSA PROSONIC TECHNICS SDN BHD FOR A CASH CONSIDERATION OF RM15,000,000.00

II PROPOSED ACQUISITION BY FORMOSA PROSONIC INDUSTRIES BHD OF A DOUBLE STOREY LINK SEMI-DETACHED HOUSE BEARING POSTAL ADDRESS B278, JALAN 12, CINTA SAYANG RESORT HOMES, 08000 SUNGAI PETANI, KEDAH HELD UNDER INDIVIDUAL TITLE GERAN 187490, LOT 2430, SEKSYEN 65, BANDAR SUNGAI PETANI, DAERAH KUALA MUDA, NEGERI KEDAH FROM FORMOSA PROSONIC TECHNICS SDN BHD FOR A CASH CONSIDERATION OF RM550,000.00

Please refer to the attachment for the announcement details.



KESM - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameKESM INDUSTRIES BERHAD  
Stock Name KESM  
Date Announced1 Apr 2015  
CategoryPDF Submission
Reference NoMB-150401-38206

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE

PART A

PROPOSED ACQUISITION OF THE REMAINING 692,308 ORDINARY SHARES OF RM1.00 EACH IN KESM TEST (M) SDN BHD, REPRESENTING APPROXIMATELY 34.62% EQUITY INTEREST NOT ALREADY OWNED BY KESM INDUSTRIES BERHAD ("KESMI") FROM SUNRIGHT LIMITED FOR A CASH CONSIDERATION OF RM35.0 MILLION (“PROPOSED ACQUISITION”)

PART B

INDEPENDENT ADVICE LETTER FROM KAF INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF KESMI IN RESPECT OF THE PROPOSED ACQUISITION


PARAGON - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePARAGON UNION BERHAD  
Stock Name PARAGON  
Date Announced1 Apr 2015  
CategoryGeneral Announcement
Reference NoCC-150401-60074

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPARAGON UNION BERHAD ("PUB")
- COURT OF APPEAL, CIVIL APPEAL NO. W-02(NCC)(W)-1202-07/14, KLHC SUIT NO. 22NCC-2053-2010, CONSOLIDATED WITH SUIT KLHC SUIT NO. D8-22-737-2009 & SAHC 22-385-2009)
LIW JUN WAI & 4 ORS V. TEE GUAN PIAN & 5 ORS

Further to the announcements made on 2 July 2014 and 14 January 2015, the Board of Directors of PUB wishes to announce that the Company had on 19 March 2015 filed the Memorandum of Appeal to the Court of Appeal by way of a Supplemental Record of Appeal.

The Court of Appeal has fixed 28 April 2015 as the final case management date for parties to fix a hearing date for the appeal.

Further announcement on the development of the above matter will be made in due course.

This announcement is dated 1 April 2015.



BRAHIMS - OTHERS BRAHIM’S HOLDINGS BERHAD (“BRAHIM’S” OR THE “COMPANY”) EXTENSION AGREEMENT ENTERED INTO BETWEEN BRAHIM’S AIRLINE CATERING SDN BHD (A 70%-OWNED SUBSIDIARY OF BRAHIM’S) AND MALAYSIAN AIRLINE SYSTEM BERHAD

Announcement Type: General Announcement
Company NameBRAHIM'S HOLDINGS BERHAD  
Stock Name BRAHIMS  
Date Announced1 Apr 2015  
CategoryGeneral Announcement
Reference NoCA-150401-38723

TypeAnnouncement
SubjectOTHERS
DescriptionBRAHIM’S HOLDINGS BERHAD (“BRAHIM’S” OR THE “COMPANY”)
EXTENSION AGREEMENT ENTERED INTO BETWEEN BRAHIM’S AIRLINE CATERING SDN BHD (A 70%-OWNED SUBSIDIARY OF BRAHIM’S) AND MALAYSIAN AIRLINE SYSTEM BERHAD

1. INTRODUCTION

The Board of Directors of the Company wishes to announce that the Company’s 70%-owned subsidiary, Brahim’s Airline Catering Sdn Bhd (“BAC”) has on 31 March 2015 entered into an Extension Agreement (“EA”) with Malaysian Airline System Berhad (“MAS”) to facilitate negotiations for a New Catering Agreement (“NCA”) to be executed between the Parties.

The parties have agreed to extend the NCA Cut Off date from 31 March 2015 to 30 April 2015 (“Extended Date”).

The Parties agreed in good faith to use all reasonable best efforts to complete the negotiations for the NCA on or before the Extended Date.

2. SALIENT TERMS OF THE EA

(a) Purpose of the EA

The parties had earlier entered into a Settlement Agreement dated 26 February 2015 (“SA”) to provide for the settlement of certain disputes and the negotiations of a New Agreement to replace the existing Catering Agreement. The purpose of the EA is to give time to finalise the negotiations between the Parties.

(b) The salient term of the EA is as follows:-

The Parties hereby agree that the New Agreement Cut Off Date under the SA shall be extended from 31 March 2015 to 30 April 2015.

3. RATIONALE

The EA is to give more time for the Parties to negotiate and conclude the NCA with a common goal to expedite the signing.

4. EFFECT OF THE EA

The EA is not expected to immediately have material effects on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of Brahim’s for the financial year ending 31 December 2015.

5. INTEREST OF MAJOR SHAREHOLDERS AND DIRECTORS

None of the directors and/or major shareholders of Brahim’s and/or persons connected to them have any interest, direct or indirect, in the EA.

6. DIRECTOR'S STATEMENTS

The Board of Directors of Brahim’s, having considered the rationale and terms of the EA is of the opinion that the execution of the EA is in the best interest of the Company.

7. DOCUMENTS FOR INSPECTION

A copy of the EA is available for inspection at the registered office of the Company located at 10th Floor, Menara Hap Seng, No. 1 & 3, Jalan P. Ramlee, 50250 Kuala Lumpur during normal business hours on Mondays to Fridays (except Saturdays, Sundays and Public Holidays) for a period of three (3) months from the date of this announcement.

This announcement is dated 1 April 2015.

.

 

 

 


INTEGRA - Changes in Sub. S-hldr's Int. (29B) - Tenaga Nasional Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINTEGRAX BERHAD  
Stock Name INTEGRA  
Date Announced1 Apr 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-150401-5AA19

Particulars of substantial Securities Holder

NameTenaga Nasional Berhad
AddressPejabat Setiausaha Syarikat, Tingkat 2
Ibu Pejabat Tenaga Nasional Berhad
No. 129 Jalan Bangsar
59200 Kuala Lumpur
NRIC/Passport No/Company No.200866-W
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderTenaga Nasional Berhad
Pejabat Setiausaha Syarikat, Tingkat 2
Ibu Pejabat Tenaga Nasional Berhad
No. 129 Jalan Bangsar
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/03/2015
212,000
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)85,405,869 
Direct (%)28.39 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change85,405,869
Date of notice30/03/2015


WCT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced1 Apr 2015  
CategoryGeneral Announcement
Reference NoMI-150401-55521

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionWCT HOLDINGS BERHAD ("WCT" OR THE "COMPANY")

(I) PROPOSED RIGHTS ISSUE OF SHARES; AND

(II) PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcement made on 16 March 2015 in relation to the Proposals.

On behalf of the Board of Directors of WCT, RHB Investment Bank Berhad wishes to announce that the listing application pursuant to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 1 April 2015.

This announcement is dated 1 April 2015.



BERTAM - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameBERTAM ALLIANCE BERHAD  
Stock Name BERTAM  
Date Announced1 Apr 2015  
CategoryChange in Boardroom
Reference NoCK-150401-39795

Date of change30/04/2015
NameLow Yew Hwa
Age58
NationalityMalaysian
DesignationExecutive Director
DirectorateExecutive
Type of changeResignation
ReasonDue to personal and other work commitment.
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 

Remarks :
The letter of resignation dated 31 March 2015 given by Mr Low Yew Hwa on his intention to resign from his position as Executive Director of Bertam Alliance Berhad with effect from 30 April 2015, was received by the Company on 1 April 2015.

Gender: Male


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