SMRT - Notice of Shares Buy Back - Immediate Announcement
| Company Name | SMRT HOLDINGS BERHAD (ACE Market) |
| Stock Name | SMRT |
| Date Announced | 1 Apr 2015 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-150401-5CBCD |
OVERSEA - OTHERS ACQUISITION OF ENTIRE SHARE CAPITAL OF RICH TASTES (CENTREPOINT) SDN. BHD.(“RTC”), A 65% EQUITY SUBSIDIARY OF RESTORAN OVERSEA JV (INTERNATIONAL) SDN. BHD. (906990-M) ("ROJV"), A WHOLLY OWNED SUBSIDIARY OF OVERSEA ("ACQUISITION")
| Company Name | OVERSEA ENTERPRISE BERHAD (ACE Market) |
| Stock Name | OVERSEA |
| Date Announced | 1 Apr 2015 |
| Category | General Announcement |
| Reference No | CK-150401-59241 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ACQUISITION OF ENTIRE SHARE CAPITAL OF RICH TASTES (CENTREPOINT) SDN. BHD.(“RTC”), A 65% EQUITY SUBSIDIARY OF RESTORAN OVERSEA JV (INTERNATIONAL) SDN. BHD. (906990-M) ("ROJV"), A WHOLLY OWNED SUBSIDIARY OF OVERSEA ("ACQUISITION") |
The Board of Directors of Oversea wishes to announce that ROJV, a wholly-owned subsidiary of Oversea, had on 1 April 2015 acquired the remaining entire 35% equity interest in RTC from the JV partners comprising of 115,500 ordinary shares of RM1.00 each fully paid up for a total cash consideration of RM2.00. As a result of the acquisition of the entire 35% equity interest from the JV partners, RTC became a wholly-owned subsidiary of ROJV.
1. DETAILS OF THE ACQUISITION
1.1 Information on Rich Tastes (Centrepoint) Sdn. Bhd. (“RTC”)
RTC was incorporated in Malaysia on 14 July 2011 having its registered address at D-3-1 & D-3A-1, Seri Gembira Avenue, Jalan Senang Ria, 58200 Kuala Lumpur and with an issued and paid up share capital of RM330,000.00. RTC is a 65% equity owned by Restoran Oversea JV (International) Sdn. Bhd. which is in turn a wholly owned subsidiary of Oversea. The remaining 35% equity of the issued and paid up share capital of RTC are held by the following JV parties:-
Name of Shareholders No. of Shares Held
Henry Choo Hon Fai 16,500 Rich Tastes Sdn . Bhd. 99,000 ----------- Total 115,500 =======
RTC formerly engaged in the operation of a caf at Centrepoint, Bandar Utama, Selangor Darul Ehsan. RTC had ceased its business operation and currently is a dormant company.
1.2 Information on Restoran Oversea JV (International) Sdn. Bhd. (“ROJV”)
ROJV was incorporated in Malaysia on 6 July 2010 having its registered address at D-3-1 & D-3A-1, Seri Gembira Avenue, Jalan Senang Ria, 58200 Kuala Lumpur and with an issued and paid up share capital of RM2,600,000.00 divided into 2,600,000 ordinary shares of RM1.00 each. ROJV is principally an investment holding company.
1.3 Rationale for the Acquisition
The Acquisition will provide ROJV with a dormant company intended for future expansion in its core business of restaurant and caf operators.
1.4 Liaiblities To Be Assumed
There was no Liabilities including contingent liabilities and guarantees, to be assumed by Oversea arising from the Acquisition
2. BASIS OF ARRIVING AT THE ACQUISITION CONSIDERATION
The Acquisition consideration of RM2.00 was arrived at on a willing buyer willing seller basis.
3. FINANCIAL EFFECTS ON THE ACQUISITION
3.1 Share Capital The Acquisition is not expected to have any material effect on the issued and paid-up share capital of Oversea. 3.2 Earnings and Net Assets The Acquisition is not expected to have a material effect on the net assets per share and the earnings of the Company and of the Group for the financial year ending 31 March 2016. 3.3 Gearing The Acquisition will not have any material impact on the gearing of Oversea. 4. APPROVAL SOUGHT
The Acquisition is not subject to the approval of the shareholders of the Company or from any relevant authorities.
5. INTEREST
OF DIRECTORS, SUBSTANT
None of the Directors and/or substantial / major shareholders of Oversea or persons connected to them have any interest, direct or indirect in the Acquisition.
6. STATEMENT BY DIRECTORS The Board of Directors of Oversea is of the opinion that the Acquisition is in the best interest of the Group.
The Acquisition is fair, reasonable and on normal commercial terms and are not detrimental to the interest of the minority shareholders.
This announcement is dated 1 April 2015
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KANGER - MULTIPLE PROPOSALS
| Company Name | KANGER INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | KANGER |
| Date Announced | 1 Apr 2015 |
| Category | General Announcement |
| Reference No | MI-150401-61921 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | KANGER INTERNATIONAL BERHAD (“KANGER” OR “COMPANY”) (I) PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES PROGRAMME COMPRISING REDEEMABLE CONVERTIBLE COMMERCIAL PAPERS AND/OR REDEEMABLE CONVERTIBLE MEDIUM TERM NOTES WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM100.0 MILLION; AND (II) PROPOSED DIVERSIFICATION OF PRINCIPAL ACTIVITIES TO INCLUDE PROPERTY INVESTMENT AND MANAGEMENT (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
We refer to the announcement made in relation to the Proposals dated 2 January 2015 (“Announcement”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcement unless otherwise defined herein. On behalf of the Board, Kenanga IB is pleased to inform that Advance Opportunities Fund, being the Subscriber of the Notes had, on 1 April 2015 agreed in writing, to amend the Fulfilment Date, as defined in the Subscription Agreement, from “the date falling three calendar months from the date of this Agreement, or such other date as the Parties may agree in writing” to “4 May 2015, or such other date as the Parties may agree in writing”. The abovementioned Fulfilment Date is the date for the parties to fulfil the conditions precedent to the closing of the first sub-tranche of Tranche 1 Notes under the Subscription Agreement, the details of which are set out in the Announcement. Save as stated above, all the terms and conditions of the Subscription Agreement shall remain in full force and effect. This announcement is dated 1 April 2015. | |
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 1 Apr 2015 |
| Category | General Announcement |
| Reference No | OB-150401-A1249 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 01-Apr-2015 NAV per unit (RM): 1.8926 Units in circulation (units): 1,350,000.00 Management Fee (% p.a.): 0.00 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.00 FTSE/ASEAN 40 Index: 10,650.91 |
CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE CHINA 50 |
| Stock Name | CIMBC50 |
| Date Announced | 1 Apr 2015 |
| Category | General Announcement |
| Reference No | OB-150401-A122A |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 50 Date: 01-Apr-2015 NAV per unit (RM): 1.3665 Units in circulation (units): 11,700,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 19,826.24 |
CIMB - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group Inc (MUFG)
| Company Name | CIMB GROUP HOLDINGS BERHAD |
| Stock Name | CIMB |
| Date Announced | 1 Apr 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CG-150401-47F30 |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group Inc (MUFG) |
| Address | 7-1, Marunouchi 2-Chome Chiyoda-ku, Tokyo 100-8330, Japan |
| NRIC/Passport No/Company No. | NIL |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | 1. Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries 10 Queen's Terrace Aberdeen, AB10 1YG Scotland 2. The Bank of Tokyo-Mitsubishi UFJ, Ltd.("BTMU") 7-1, Marunouchi 2-Chome Chiyoda-ku, Tokyo 100-8330, Japan 3. Mitsubishi UFJ Asset Management Co., Ltd ("MUAM") 4-5, Marunouchi 1-Chome Chiyoda-ku, Tokyo 100-8212, Japan 4. KOKUSAI Asset Management Co., Ltd ("KOKUSAI") 1-1, Marunouchi 3-Chome Chiyoda-ku, Tokyo 100-0005, Japan 5. Mitsubishi UFJ Trust and Banking Corporation ("MUTB") 4-5, Marunouchi 1-Chome Chiyoda-ku, Tokyo 100-8212, Japan 6. Morgan Stanley Investment Management Inc. 1585 Broadway, New York, NY 10036 7. Morgan Stanley & Co. International plc 25 Cabot Square, Canary Wharf London E14 4QA United Kingdom 8. Fundlogic SAS 61 rue de Monceau Paris 75008, France 9. Morgan Stanley Investment Management Limited 25 Cabot Square, Canary Wharf London E14 4QA, United Kingdom 10. AMP Capital Holdings Limited ("AMP") and its subsidiaries Level 24 AMP Sydney Cove Building 33 Alfred Street Sydney NSW 2000, Australia |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 26/03/2015 | 16,400 |
| Remarks : |
| Notice received on 1 April 2015. c.c. Securities Commission. |
CIMB - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | CIMB GROUP HOLDINGS BERHAD |
| Stock Name | CIMB |
| Date Announced | 1 Apr 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CG-150401-1B511 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") - Employees Provident Fund Board Citigroup - Employees Provident Fund Board (KIB) Citigroup - Employees Provident Fund Board (AFFIN-HWG) Citigroup - Employees Provident Fund Board (RHB INV) Citigroup - Employees Provident Fund Board (AM INV) Citigroup - Employees Provident Fund Board (MAYBAN) Citigroup - Employees Provident Fund Board (KAF FM) Citigroup - Employees Provident Fund Board (NOMURA) Citigroup - Employees Provident Fund Board (PHEIM) Citigroup - Employees Provident Fund Board (CIMB PRI) Citigroup - Employees Provident Fund Board (ARIM) Citigroup - Employees Provident Fund Board (TEMPLETON) Citigroup - Employees Provident Fund Board (ABERDEEN) - Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 26/03/2015 | 913,200 |
| Remarks : |
| Notice received on 1 April 2015. c.c. Securities Commission |
CIMB - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | CIMB GROUP HOLDINGS BERHAD |
| Stock Name | CIMB |
| Date Announced | 1 Apr 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CG-150401-FC312 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") - Employees Provident Fund Board Citigroup - Employees Provident Fund Board (KIB) Citigroup - Employees Provident Fund Board (AFFIN-HWG) Citigroup - Employees Provident Fund Board (RHB INV) Citigroup - Employees Provident Fund Board (AM INV) Citigroup - Employees Provident Fund Board (MAYBAN) Citigroup - Employees Provident Fund Board (KAF FM) Citigroup - Employees Provident Fund Board (NOMURA) Citigroup - Employees Provident Fund Board (PHEIM) Citigroup - Employees Provident Fund Board (CIMB PRI) Citigroup - Employees Provident Fund Board (ARIM) Citigroup - Employees Provident Fund Board (TEMPLETON) Citigroup - Employees Provident Fund Board (ABERDEEN) - Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 27/03/2015 | 2,289,600 | |
| Disposed | 27/03/2015 | 501,700 |
| Remarks : |
| Notice received on 1 April 2015. c.c. Securities Commission |
CIMB - OTHERS SUBSCRIPTION OF NEW SHARES AND ACQUISITION OF EXISTING SHARES IN LOT A SENTRAL SDN BHD BY CIMB REAL ESTATE SDN BHD (“TRANSACTION”)
| Company Name | CIMB GROUP HOLDINGS BERHAD |
| Stock Name | CIMB |
| Date Announced | 1 Apr 2015 |
| Category | General Announcement |
| Reference No | CG-150401-61064 |
| Type | Announcement |
| Subject | OTHERS |
| Description | SUBSCRIPTION OF NEW SHARES AND ACQUISITION OF EXISTING SHARES IN LOT A SENTRAL SDN BHD BY CIMB REAL ESTATE SDN BHD (“TRANSACTION”) |
CIMB Group Holdings Berhad (“CIMBGH” or the “Company”) is pleased to announce that CIMB Real Estate Sdn Bhd (“CIMBRE”), a wholly-owned indirect subsidiary of the Company, has, as of today, completed a conditional Subscription Agreement with Lot A Sentral Sdn Bhd (“LASSB”) for the subscription of new shares in LASSB, and a conditional Share Sale Agreement with Mapletree Dextra Pte Ltd and CMREF 1 Sdn Bhd (“CMREF1”) for the acquisition of existing shares in LASSB, for a combined cash consideration of approximately RM646 million, subject to post-closing adjustments. Upon completion of the Transaction, LASSB has become a wholly-owned subsidiary of CIMBRE. LASSB is a special-purpose company incorporated to own and manage the 40-storey commercial building called “Menara CIMB”. Located in the prime location of Kuala Lumpur Sentral, “Menara CIMB” is the new headquarters for CIMBGH and its subsidiaries. The Transaction will not have any material effect on CIMBGH’s consolidated net assets and earnings and will not have any effect on CIMBGH’s share capital and substantial shareholders’ shareholdings. None of the Directors and major shareholders of CIMBGH and/or any persons connected with them have any interest, direct or indirect, in the Transaction. This announcement is dated 1 April 2015. Cc Securities Commission | |
PARAMON - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | PARAMOUNT CORPORATION BERHAD |
| Stock Name | PARAMON |
| Date Announced | 1 Apr 2015 |
| Category | General Announcement |
| Reference No | PC-150401-EC295 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION OF 12 CONTIGUOUS PARCELS OF FREEHOLD LAND MEASURING IN TOTAL AREA APPROXIMATELY 237.2727 ACRES ALL SITUATED WITHIN THE MUKIM OF DENGKIL, DISTRICT OF SEPANG, STATE OF SELANGOR AT A TOTAL CASH CONSIDERATION OF RM227,383,174.00 |
Unless otherwise defined in this announcement, the terms used throughout this announcement shall have the same meaning as defined in the announcement dated 2 January 2015. Further to our earlier announcements dated 2 January 2015, 10 March 2015 and 25 March 2015 in relation to the Proposed Acquisition, the Board of Directors of Paramount Corporation Berhad wishes to announce that the parties have mutually agreed to extend the Cut-Off Date for a further fourteen (14) days until 15 April 2015 to enable the Vendor to fulfill the Conditions Precedent set out in the SPA. This announcement is dated 1 April 2015. | |
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