PRDUREN - Change in Boardroom - MAZLIN BIN MD. JUNID
| Company Name | PERDUREN (M) BERHAD |
| Stock Name | PRDUREN |
| Date Announced | 20 Apr 2015 |
| Category | Change in Boardroom |
| Reference Number | C03-20042015-00003 |
| Date of change | 20 Apr 2015 |
| Name | Dato MAZLIN BIN MD. JUNID |
| Age | 53 |
| Nationality | Malaysia |
| Designation | Director |
| Directorate | Non Independent and Non Executive |
| Type of change | Appointment |
| Qualifications | Bachelor of Science, Mechanical Engineering (Brighton Polytechnic, Sussex) Masters in Business Administration (Cranfield University, United Kingdom) |
| Working experience and occupation | Dato' Mazlin started his career 1984 with Hicom Yamaha Manufacturing (M) Sdn Bhd as Assistant Manager of Operations to head the Planning, Operations and Production Control. In 1987, he joined PA Consulting Group based in the United Kingdom as Senior Consultant & Regional Manager for the manufacturing sector. During his four (4) year stint with PA Consulting Group, he was seconded to work in 13 different organisations in the area of performance improvement and profit turnaround. In 1992, he left PA Consulting Group and joined the Sime Darby group as Managing Director of five (5) companies. He ascended to the group level of the Sime Darby group in 1995 as Group Manager. From 1995-1997, he was a business partner of ASPAC Executive Search Sdn Bhd (ASPAC), a recruitment agency in Malaysia with operations in the United Kingdom, Australia and other Asian countries through affiliate offices. |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | Izreen Natalia binti Mazlin and Ikhmal Mirza bin Mazlin are the daughter and son of Dato' Mazlin bin Md. Junid, both have indirect interests held through her/his father's shareholdings through Mizreen Capital Sdn Bhd and Accentvest Sdn Bhd pursuant to Section 6A(4) of the Companies Act, 1965. |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Indirect interests of 29,400,000 shares (21.79%) held through Mizreen Capital Sdn Bhd and Accentvest Sdn Bhd in which Dato' Mazlin bin Md. Junid has controlling interest by virtue of Section 6 (A) of the Companies Act, 1965. |
| Remarks : |
Working experience and occupation (Cont'd) After he divested his equity stake in ASPAC, he acquired a majority interest in SECA Dyme Sdn Bhd (SECA), a petrochemical supply company. When he acquired SECA, it was a loss making concern which he turned around within a year and in 2007 when SECA was injected into Daya Materials Berhad (DMB). In 2007, he was appointed the Executive Vice Chairman, President & Group Chief Executive Officer of DMB after DMB acquired SECA. He resigned from the Board of DMB in August 2014. He was also formerly an Independent, Non-Executive Director of Sapura Industrial Berhad, Sapura Technology Berhad and Metronic Global Berhad. He was also formerly an Independent Non-Executive Director and Chairman of the Audit Committee of MTD Infraperdana Berhad. He was also an Executive Director-Corporate Affairs & Development in Reach Energy Berhad. He is also a director of several private limited companies which he owns. |
PRDUREN - Change in Nomination Committee - LOH CHEN YOOK
| Company Name | PERDUREN (M) BERHAD |
| Stock Name | PRDUREN |
| Date Announced | 20 Apr 2015 |
| Category | Change in Nomination Committee |
| Reference Number | C08-20042015-00002 |
| Date of change | 20 Apr 2015 |
| Salutation | Mr |
| Name | LOH CHEN YOOK |
| Age | 61 |
| Nationality | Malaysia |
| Type of change | Cessation Of Office |
| Designation | Director |
| Directorate | Non Independent and Non Executive |
| Composition of Nomination Committee(Name and Directorate of members after change) | 1) Teo Chee Kok (Chairman), Independent Non-Executive Director 2) Leow Hoi Loong @ Liow Hoi Loong (member), Independent Non-Executive Director |
| Remarks : |
The Company will review the composition of the Nomination Committee in due course. |
PRDUREN - Change in Boardroom - LOH CHEN YOOK
| Company Name | PERDUREN (M) BERHAD |
| Stock Name | PRDUREN |
| Date Announced | 20 Apr 2015 |
| Category | Change in Boardroom |
| Reference Number | C03-20042015-00004 |
| Date of change | 20 Apr 2015 |
| Name | Mr LOH CHEN YOOK |
| Age | 61 |
| Nationality | Malaysia |
| Designation | Director |
| Directorate | Non Independent and Non Executive |
| Type of change | Resignation |
| Reason | Due to streamlining of the Board composition |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of shareholders | No |
| Qualifications | Malaysia Certificate Education(MCE) |
| Working experience and occupation | Mr Loh has over 27 years of experience in business. Over the years, the involvement of his business is property development, infra-structure, building construction as well as timber logging. |
| Directorship of public companies (if any) | |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
RCECAP - Notice of Shares Buy Back Immediate Announcement
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 20 Apr 2015 |
| Category | Notice of Shares Buy Back Immediate Announcement |
| Reference Number | SB1-20042015-00002 |
| Date of buy back | 20 Apr 2015 |
| Description of shares purchased | Ordinary shares of RM0.10 each |
| Currency | Malaysian Ringgit (MYR) |
| Total number of shares purchased (units) | 510,800 |
| Minimum price paid for each share purchased ($$) | 0.345 |
| Maximum price paid for each share purchased ($$) | 0.350 |
| Total consideration paid ($$) | 179,030.79 |
| Number of shares purchased retained in treasury (units) | 510,800 |
| Number of shares purchased which are proposed to be cancelled (units) | |
| Cumulative net outstanding treasury shares as at to-date (units) | 57,361,700 |
| 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 (%) | 4.30000 |
ITRONIC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") DISPOSAL OF PROPERTY
| Company Name | INDUSTRONICS BERHAD |
| Stock Name | ITRONIC |
| Date Announced | 20 Apr 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20042015-00131 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY")
DISPOSAL OF PROPERTY |
|
(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 20 November 2014.) Reference is made to the Company’s announcements dated 20 November 2014, 25 November 2014 and 27 November 2014. The Board of Directors of Industronics is pleased to announce that the Company had on 17 April 2015 received full and final payment for the Balance Purchase Price and as such the Sale and Purchase Agreement in respect of the disposal of a two (2) storey factory with office and guardhouse bearing postal address of No. 6, Jalan Perusahaan Utama, Taman Industri Selesa Jaya, 43300 Kajang, Selangor Darul Ehsan has been duly completed on 17 April 2015. This announcement is dated 20 April 2015. |
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ITRONIC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") - DISPOSAL OF SHARES IN SOLUTION ENGINEERING HOLDINGS BERHAD
| Company Name | INDUSTRONICS BERHAD |
| Stock Name | ITRONIC |
| Date Announced | 20 Apr 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20042015-00132 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY")
- DISPOSAL OF SHARES IN SOLUTION ENGINEERING HOLDINGS BERHAD |
|
Reference is made to the Company’s announcements made on 3 December 2013, 3 January 2014, 21 January 2014, 28 April 2014, 30 April 2014, 9 May 2014, 12 May 2014, 19 May 2014 and Circular to Shareholders dated 6 January 2014 respectively. The Board of Directors of Industronics wishes to inform that Industronics has on 17 April 2015 disposed in the open market an aggregate of 3,241,900 ordinary shares of RM0.10 each in Solution Engineering Holdings Berhad (“SEHB”), a public company listed on ACE Market of Bursa Malaysia Securities Berhad, representing 1.65% of the existing issued and paid up share capital of SEHB (based on SEHB’s issued and paid-up capital as at 31 December 2014 as announced on 27 February 2015) at the average disposal price of RM0.328 each or gross proceeds of totaling RM1,063,343.20 (“Disposal”). Upon completion of the Disposal, the Company’s shareholdings in SEHB reduced to 1,259,200 SEHB’s shares, representing approximately 0.64% of the issued and paid-up share capital of SEHB. The Disposal will not have any effect on the issued and paid-up share capital and shareholding structure of the substantial shareholders in Industronics. The Disposal will not have material effect on the net assets per share, gearing and earnings per share of the Industronics Group for the current financial year ending 31 December 2015. The Company made a book gain of approximately RM0.38 million from the Disposal as compared to the carrying value of investment for the said 3,241,900 SEHB shares of RM0.68 million. The highest percentage ratio applicable to the Disposal pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 1.7% and the aggregate percentage ratio applicable to the SEHB shares disposed on 28 April 2014, 29 April 2014, 8 May 2014, 9 May 2014, 16 May 2014 and 17 April 2015 is 11.2%. None of the directors and/ or the major shareholders of Industronics and/ or persons connected with them have any interest, direct or indirect, in the Disposal. The Directors of Industronics are of the opinion that the Disposal is in the best interest of the Company after taking into consideration of the following :- i) The Company had on 24 April 2013 acquired 54,241,900 SEHB shares via open market transaction at total consideration of RM10.489 million (“Original Cost of Investment”). Subsequently on 13 November 2013, 14 November 2013, 28 April 2014, 29 April 2014, 8 May 2014, 9 May 2014 and 16 May 2014 the Company had disposed 49,740,800 SEHB shares for a total cash consideration of RM12.58 million (“Previous Disposals”), which had fully covered the Original Cost of Investment of the Company. As such, the sale of remaining SEHB shares held by the Company will be deemed as gain / profit to the Company. ii) In an effort to strengthen the Industronics Group financial position and with an aim of focusing on the Group’s core business, the Group had undertaken efforts to streamline the Group structure for better efficiency and relieving the Company from incurring further losses in the Group’s investment by disposing / dissolving non-performing subsidiaries and associated company. The Company noted the share price for SEHB has drop dramatically in the month of April 2014. In order to avoid further diminution in the investment, the Board has made the decision to dispose the remaining SEHB shares. iii) The Disposal will generate additional cash flow for the working capital requirements of the Group’s operations and to enhance financial position of the Company. This announcement is dated 20 April 2015. |
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WCT - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
| Company Name | WCT HOLDINGS BERHAD |
| Stock Name | WCT |
| Date Announced | 20 Apr 2015 |
| Category | Change in Substantial Shareholders Interest Pursuant to Form 29B |
| Reference Number | CS2-20042015-00173 |
Particulars of substantial Securities Holder
| Name | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) |
| Address |
ARAS 4,5 & 6
MENARA YAYASAN TUN RAZAK 200 JALAN BUKIT BINTANG KUALA LUMPUR 55100 Wilayah Persekutuan Malaysia. |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (69,542,275 SHARES) FUND MANAGERS (10,992,945 SHARES) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities |
Price Transacted (RM) |
| Acquired | 13 Apr 2015 | 38,000 |
| Circumstances by reason of which change has occurred | ACQUISITION OF SHARES |
| Nature of interest | DIRECT |
| Direct (units) | 80,535,220 |
| Direct (%) | 7.49 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Total no of securities after change | 80,535,220 |
| Date of notice | 20 Apr 2015 |
| Remarks : |
FORM 29B DATED 20 APRIL 2015 RECEIVED ON 20 APRIL 2015 |
YOKO - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) YOKOHAMA INDUSTRIES BERHAD UNCONDITIONAL TAKE-OVER OFFER BY FORDINGTON PTE LTD
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 20 Apr 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20042015-00026 |
| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
| Description | YOKOHAMA INDUSTRIES BERHAD UNCONDITIONAL TAKE-OVER OFFER BY FORDINGTON PTE LTD |
|
Pursuant to Section 33(1) of the Malaysian Code on Take-Overs and Mergers, 2010, Yokohama Industries Berhad (“Yokohama” or “the Company”) wishes to announce that Fordington Pte Ltd being the Offeror for the unconditional take-over offer, has dealt in the Yokohama's ordinary shares of RM0.50 each for its own account on 17 April 2015. Please refer to the press release for further details. This announcement is dated 20 April 2015. |
|
Please refer attachment below.
YOKO - Changes in Sub. S-hldr's Int. (29B) - AMADO R. SANTIAGO III
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 20 Apr 2015 |
| Category | Change in Substantial Shareholders Interest Pursuant to Form 29B |
| Reference Number | CS2-20042015-00155 |
Particulars of substantial Securities Holder
| Name | AMADO R. SANTIAGO III |
| Address | Ground Floor, Ortigas Building, Ortigas Avenue, Pasig City, Metro Manila, 1605 Philippines |
| NRIC/Passport No/Company No. | EB7130011 |
| Nationality/Country of incorporation | Philippines |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | Fordington Pte Ltd 80 Raffles Place #16-20 UOB Plaza Singapore |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities |
Price Transacted (RM) |
| Acquired | 13 Apr 2015 | 381,000 |
|
| Acquired | 13 Apr 2015 | 39,200 |
|
| Acquired | 14 Apr 2015 | 7,600 |
|
| Acquired | 15 Apr 2015 | 76,100 |
|
| Acquired | 17 Apr 2015 | 26,900 |
| Circumstances by reason of which change has occurred | Valid acceptances of the unconditional take-over offer made by Fordington Pte Ltd and acquisition from the open market. Deemed interested by virtue of direct interest in Fordington Pte Ltd pursuant to Section 6A of the Companies Act, 1965. |
| Nature of interest | Deemed interest |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 81,747,916 |
| Indirect/deemed interest (%) | 95.845 |
| Total no of securities after change | 81,747,916 |
| Date of notice | 20 Apr 2015 |
| Remarks : |
The 381,000 shares were acquired from 13 April 2015 to 17 April 2015. The Secretary of the Company received the Form 29B dated 20 April 2015 today. |
YOKO - Changes in Sub. S-hldr's Int. (29B) - MAURO CARO AGUSTINES
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 20 Apr 2015 |
| Category | Change in Substantial Shareholders Interest Pursuant to Form 29B |
| Reference Number | CS2-20042015-00151 |
Particulars of substantial Securities Holder
| Name | MAURO CARO AGUSTINES |
| Address | 80-82 Roces Avenue, Diliman, Quezon City, Metro Manila, 1101 Philippines |
| NRIC/Passport No/Company No. | EB7435934 |
| Nationality/Country of incorporation | Philippines |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | Fordington Pte Ltd 80 Raffles Place #16-20 UOB Plaza Singapore |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities |
Price Transacted (RM) |
| Acquired | 13 Apr 2015 | 381,000 |
|
| Acquired | 13 Apr 2015 | 39,200 |
|
| Acquired | 14 Apr 2015 | 7,600 |
|
| Acquired | 15 Apr 2015 | 76,100 |
|
| Acquired | 17 Apr 2015 | 26,900 |
| Circumstances by reason of which change has occurred | Valid acceptances of the unconditional take-over offer made by Fordington Pte Ltd and acquisition from the open market. Deemed interested by virtue of direct interest in Fordington Pte Ltd pursuant to Section 6A of the Companies Act, 1965. |
| Nature of interest | Deemed interest |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 81,747,916 |
| Indirect/deemed interest (%) | 95.845 |
| Total no of securities after change | 81,747,916 |
| Date of notice | 20 Apr 2015 |
| Remarks : |
The 381,000 shares were acquired from 13 April 2015 to 17 April 2015. The Secretary of the Company received the Form 29B dated 20 April 2015 today. |
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