May 7, 2015

Company announcements: APPASIA, CIMBA40, CIMBC50, RHBCAP, MUDAJYA, HOHUP, PETONE, CENTURY, BHS, RAPID

APPASIA - MATERIAL LITIGATION APPASIA BERHAD (Formerly known as Extol MSC Berhad)

Announcement Type: General Announcement for PLC
Company Name APPASIA BERHAD
Stock Name APPASIA
Date Announced 07 May 2015
Category General Announcement for PLC
Reference Number GA1-07052015-00084

Type Announcement
Subject MATERIAL LITIGATION
Description
APPASIA BERHAD (Formerly known as Extol MSC Berhad)

APPASIA BERHAD (Formerly known as Extol MSC Berhad)

- Kuala Lumpur Sessions Court

Suit No. : B52NCVC-246-08/2014

Xconnect Global Networks Limited (“the Plantiff”) V Extol Ventures Sdn Bhd (“the Defendants”) (By Original Action)

And Between

Extol Venture Sdn Bhd (“the Plantiff”) V Xconnect Global Networks Limited & Mohd Badaruddin Bin Masodi (“the Defendants”)(By Counterclaim)

Further to the Company’s announcements made on 14 November 2014, 19 November 2014, 26 November 2014, 4 February 2015 and 13 April 2015 respectively.

The Board of Directors of AppAsia wishes to inform that the Company had on 7 May 2015 received a letter from the Company’s Solicitors informing that the Sessions Court of Kuala Lumpur has ruled against the application of Mohd Badaruddin Bin Masodi (“the 2nd Defendant”) to strike out EVSB’s counter claim and awarded cost to RM3,000.00 to be paid by the 2nd Defendant to the EVSB.

EVSB counter claim against Mohd Badaruddin Bin Masodi will go on trial on 25 and 26 of May 2015.

This announcement is dated 7 May 2015.






CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement for PLC
Company Name CIMB FTSE ASEAN 40 MALAYSIA
Stock Name CIMBA40
Date Announced 07 May 2015
Category General Announcement for PLC
Reference Number GA1-07052015-00086

Type Announcement
Subject NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description
Fund:	CIMB FTSE ASEAN 40 Malaysia
Date:	07-May-2015
NAV per unit (RM):	1.8206
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:	 10,588.35



Please refer attachment below.

Attachments

A40 07052015.pdf
5.9 kB



CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement for PLC
Company Name CIMB FTSE CHINA 50
Stock Name CIMBC50
Date Announced 07 May 2015
Category General Announcement for PLC
Reference Number GA1-07052015-00087

Type Announcement
Subject NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description
Fund:	CIMB FTSE China 50
Date:	07-May-2015
NAV per unit (RM):	 1.4589 
Units in circulation (units):	13,650,000.00
Management Fee (% p.a.):	0.60
Trustee Fee (% p.a.):	          0.08
Index Licence Fee (% p.a.):	0.04
FTSE/Xinhua China 25 Index:	 21,743.77



Please refer attachment below.

Attachments

C50 07052015.pdf
103.2 kB



RHBCAP - Change in Boardroom - MOHAMED KHADAR BIN MERICAN

Announcement Type: Change in Boardroom
Company Name RHB CAPITAL BERHAD
Stock Name RHBCAP
Date Announced 07 May 2015
Category Change in Boardroom
Reference Number C03-07052015-00005

Date of change 30 Apr 2015
Name Dato MOHAMED KHADAR BIN MERICAN
Age 59
Nationality Malaysia
Type of change Redesignation
Previous Position Independent Non-Executive Chairman
New Position Non Executive Chairman
Directorate Non Independent and Non Executive
Qualifications
1) Chartered Accountant, Malaysian Institute of Accountants
2) Member, Institute of Chartered Accountants in England and Wales
Working experience and occupation
1) Director/Chief Executive Officer, MKM Resources Sdn Bhd (2003 - present)
2) Chief Operating Officer, PERNAS International Holding Berhad (1988 - 2003)
3) Senior Manager, Komplks Kewangan Malaysia Berhad (1986 - 1988)
4) Senior Consultant, HRM Sdn Bhd (1984 - 1986)
5) Qualified Assistant/Audit Supervisor, Hanafiah Raslan Mohamed (1983 - 1984)
6) Personal Assistant to Partner, Sharpstone, Mellis & Co. (1976 - 1983)
Family relationship with any director and/or major shareholder of the listed issuer
Nil
Any conflict of interests that he/she has with the listed issuer
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries
65,828  ordinary shares of RM1.00 each in RHB Capital Berhad



Remarks :
Pursuant to Bank Negara Malaysia's approval, YBhg Dato' Mohamed Khadar Merican has been re-designated as Non-Independent Non-Executive Director/Chairman of RHB Capital Berhad upon conclusion of the 20th Annual General Meeting of RHB Capital Berhad held on 30 April 2015.


MUDAJYA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement for PLC
Company Name MUDAJAYA GROUP BERHAD
Stock Name MUDAJYA
Date Announced 07 May 2015
Category General Announcement for PLC
Reference Number GA1-07052015-00083

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
Description
NOTICE OF INTENTION TO DEAL IN THE SECURITIES OF MUDAJAYA GROUP BERHAD ("MUDAJAYA") DURING CLOSED PERIOD

Pursuant to Paragraph 14.08 (b) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, this is to notify that Mr. Wee Teck Nam, a Director of Mudajaya, intends to deal in the securities of the Company during closed period pending the announcement of the quarterly results for the first quarter ended 31 March 2015.

The current shareholdings of Mr. Wee Teck Nam in Mudajaya is as follows :-

Description

of Securities

 

Direct Interest

 

%

 

Indirect Interest

 

%

 

Ordinary Shares

of RM0.20 each

 

 

 

1,300,000

 

0.24

 

133,413,333

 

24.78

This announcement is dated 7 May 2015.






HOHUP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement for PLC
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 07 May 2015
Category General Announcement for PLC
Reference Number GA1-07052015-00053

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description
HO HUP CONSTRUCTION COMPANY BERHAD ("Ho Hup" or "The Company")
- DEALINGS IN SECURITIES OF HO HUP DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08(d) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Dato' Sri Thong Kok Khee, the Non-Independent Non-Executive Director of the Company, had given notice of his indirect dealings in the Ordinary Shares of the Company during closed period, details as set out in the table below:-

Indirect Interest - Ordinary Shares

Date of Transaction

No. of shares disposed

Percentage (%)

Price per Share (RM)

06/05/2015

*500,000

0.15

1.35

*Disposal of shares through open market by Insas Plaza Sdn. Bhd.

This announcement is dated 7 May 2015.

 






PETONE - Quarterly rpt on consolidated results for the financial period ended 31/03/2015

Announcement Type: Financial Results
Company Name PETROL ONE RESOURCES BERHAD
Stock Name PETONE
Date Announced 07 May 2015
Category Financial Results
Reference Number FRA-07052015-00006

Financial Year End 30 Jun 2015
Quarter 3 Qtr
Quarterly report for the financial period ended 31 Mar 2015
The figures have not been audited

Attachments

PETONE Third Quarter Results.pdf
424.2 kB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2015

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2015
31 Mar 2014
31 Mar 2015
31 Mar 2014
$$'000
$$'000
$$'000
$$'000
1 Revenue
3,010
2,114
9,819
2,114
2 Profit/(loss) before tax
1,854
-680
4,211
-6,218
3 Profit/(loss) for the period
1,848
-675
4,195
-6,194
4 Profit/(loss) attributable to ordinary equity holders of the parent
1,848
-675
4,195
-6,194
5 Basic earnings/(loss) per share (Subunit)
3.64
-1.33
8.26
-12.19
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


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 ($$)
-1.9272
-1.7668

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:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence




CENTURY - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DISPOSAL OF A COMMERCIAL LAND IN THE MUKIM OF BUKIT RAJA, DISTRICT OF PETALING, STATE OF SELANGOR BY CENTURY TOTAL LOGISTICS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Announcement Type: General Announcement for PLC
Company Name CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name CENTURY
Date Announced 07 May 2015
Category General Announcement for PLC
Reference Number GA1-07052015-00078

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
DISPOSAL OF A COMMERCIAL LAND IN THE MUKIM OF BUKIT RAJA, DISTRICT OF PETALING, STATE OF SELANGOR BY CENTURY TOTAL LOGISTICS SDN BHD,  A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Please refer to the attachment for details of the announcement.

 

This announcement is dated 7 May 2015.




Please refer attachment below.

Attachments

Announcement - SPA Setia Land.pdf
57.4 kB



BHS - (I) PROPOSED DIVERSIFICATION;(II) PROPOSED RIGHTS ISSUE WITH WARRANTS;(III) PROPOSED ESOS; AND(IV) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Announcement Type: General Announcement for PLC
Company Name BHS INDUSTRIES BERHAD
Stock Name BHS
Date Announced 07 May 2015
Category General Announcement for PLC
Reference Number GA1-07052015-00035

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-06052015-00001
Subject (I) PROPOSED DIVERSIFICATION;(II) PROPOSED RIGHTS ISSUE WITH WARRANTS;(III) PROPOSED ESOS; AND(IV) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Description
BHS INDUSTRIES BERHAD (BHS OR THE COMPANY)

(I)	PROPOSED DIVERSIFICATION;
(II)	PROPOSED RIGHTS ISSUE WITH WARRANTS;
(III)	PROPOSED ESOS; AND
(IV)	PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE PROPOSALS)
Query Letter Contents

We refer to your Company’s announcement dated 29 April 2015, in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) Basis of determining the Rights Issue price of RM0.42.

2) Justifications for the Rights Issue price of RM0.42, including justifications for the discount to the five (5)-day VWAMP of BHS Shares of RM0.63.

3) To quantify the theoretical ex-rights price based on the five (5)-day VWAMP of BHS Shares up to and including the latest practicable date.

4) To state the expected paper production capacity and expected paper production output of the machineries and equipment to be purchased.

5) To also state the expected % of paper produced to be consumed by BHS.

6) To elaborate briefly on the arrangements pursuant to the Master License Agreement which allow BHS to market the PRC RBMP Technology and generate additional income including royalty income.

7) To incorporate further description of the pulp and paper industry.

8) To state the effects of the Proposed Diversification on the earnings per share for the financial year ending 30 June 2016.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,

SUZALINA HARUN
Senior Vice President, Issuers
Listing Division, Regulation

/WCY

Cc : Market Surveillance Dept., Securities Commission (via fax)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 29 April 2015 in relation to the Proposals.

We refer to the announcements dated 29 April 2015 in relation to the Proposals and the query letter of Bursa Malaysia Securities Berhad dated 6 May 2015 in relation to the same.

Pursuant thereto, we wish to announce the following additional information in relation to the Proposals:

1. Basis of determining the Rights Issue price of RM0.42.

The issue price of RM0.42 per Rights Share represents a discount of approximately 33.33% to the five (5)-day Volume Weighted Average Market Price ("VWAMP") of BHS Shares up to and including 21 April 2015, being the Latest Practicable Date prior to the announcement of the Proposals on 29 April 2015 ("LPD").

2. Justifications for the Rights Issue price of RM0.42, including justifications for the discount to the five (5)-day VWAMP of BHS Shares of RM0.63.

The Board is of the view that this discount will provide the existing shareholders with an attractive opportunity to further increase their equity participation in the Company at a discount to the prevailing market price of BHS Shares.

3. To quantify the theoretical ex-rights price based on the five (5)-day VWAMP of BHS Shares up to and including the latest practicable date.

The theoretical ex-rights price based on the five (5)-day VWAMP of BHS Shares up to and including the LPD is RM0.58.

4. To state the expected paper production capacity and expected paper production output of the machineries and equipment to be purchased.

The expected paper production capacity and production output of the first plant to be commissioned by BHS Group is 10,000 metric tons of wood free paper.

5. To also state the expected % of paper produced to be consumed by BHS.

BHS Group used about 9,000 metric tons of wood free papers in the FYE 30 June 2014. It is expected that the Group would consume at least 60% of the wood free paper to be produced.

6. To elaborate briefly on the arrangements pursuant to the Master License Agreement which allow BHS to market the PRC RBMP Technology and generate additional income including royalty income.

The Master Licence Agreement confers BHS Group the rights to manufacture, sale and otherwise deal with the renewable paper pulp products generated from EFB to be made specifically into wood free pulp and paper in accordance with the patents’ specifications using the PRC RBMP Technology. BHS Group would also be able to sub-licence the technology to its clients. This would mean that BHS is able to derive income from the sale of production lines using the PRC RBMP Technology which includes design, manufacture, fabricate and commission of plant and machinery. In addition, the Master Licence Agreement enables BHS Group to receive royalty income and consultancy income from sub-licensees.

7. To incorporate further description of the pulp and paper industry.

The pulp and paper industry manufactures one of the most essential materials that are widely used in applications across almost all industry sectors, such as newsprint, industrial brown paper, writing/ printing paper, joss paper, toilet/ tissue paper, resin impregnated paper, and coated paper.

On the 2015 outlook for the global market, the pulp demand should increase three percent (3%) with a weak first (1st) half and stronger second (2nd) half. A stronger US dollar will keep downwards pressure on pulp prices; it is expected that the prices are eroded in the early months of 2015 but to rebound after that. (Source: PaperWeek Access)

8. To state the effects of the Proposed Diversification on the earnings per share for the financial year ending 30 June 2016.

Barring any unforeseen circumstances and subject to all required approvals being obtained, the Proposed Rights Issue with Warrants is expected to be completed by the second (2nd) half of calendar year 2015. Within twenty-four (24) months from the date of receipt of the Rights Shares proceeds, BHS shall utilise the proceeds raised for the acquisition of land and purchase of machineries and equipment and other ancillary facilities for the purpose of the Proposed Diversification. As such, the Proposed Diversification is not expected to have any material effect on the earnings of BHS Group for FYE 30 June 2016.

This announcement is dated 7 May 2015.





RAPID - Changes in Director's Interest (S135) - YU KUAN CHON

Announcement Type: Changes in Director's Interest Pursuant to Section 135
Company Name RAPID SYNERGY BERHAD
Stock Name RAPID
Date Announced 07 May 2015
Category Changes in Director's Interest Pursuant to Section 135
Reference Number CS4-07052015-00020

Information Compiled By KLSE

Particulars of Director

Name YU KUAN CHON
Address 888 Taman Aman Muhibbah
Sitiawan
32000 Pahang
Malaysia.
Descriptions(Class & nominal value) Ordinary share of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
06/05/2015
23,000
5.800

Circumstances by reason of which change has occurred
Disposal in the open market
Nature of interest
Direct Interest
Consideration (if any)
23,000 ordinary shares at RM5.800 per ordinary share

Total no of securities after change

Direct (units) 15,947,700
Direct (%) 18.240
Indirect/deemed interest (units) 7,530,661
Indirect/deemed interest (%) 8.613
Date of notice 06/05/2015


Remarks :
1. This announcement also serves as an announcement pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements for dealing during the closed period. 2. The above open market disposal of 23,000 ordinary shares represents 0.026% of the total issued share capital of the Company. 3. The notice of change in the Director's interest in shares was received from Dato' Dr Yu Kuan Chon on 6 May 2015.


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