May 21, 2015

Company announcements: IFCAMSC, CIMBA40, CIMBC50, METFSID, GENP, ELKDESA, AZRB, SKPRES

IFCAMSC - OTHERS IFCA MSC BERHAD (IFCA OR THE COMPANY) - HEADS OF AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF THE BUSINESS OF PT IFCA CONSULTING INDONESIA (PICI) - Additional clarifications

Announcement Type: General Announcement for PLC
Company Name IFCA MSC BERHAD
Stock Name IFCAMSC
Date Announced 21 May 2015
Category General Announcement for PLC
Reference Number GA1-21052015-00033

Type Announcement
Subject OTHERS
Description
IFCA MSC BERHAD (IFCA OR THE  COMPANY)

- HEADS OF AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF THE BUSINESS OF PT IFCA CONSULTING INDONESIA (PICI) - Additional clarifications

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 20 May 2015 in relation to the Proposed Transaction.

Reference is made to the announcement (reference no. GA1-20052015-00094) made on 20 May 2015 entitled “Heads of Agreement (HOA) In Relation To The Proposed Acquisition of The Business of PT IFCA Consulting Indonesia (PICI)”.

 

The Board of Directors (“Board”) of IFCA wishes to clarify the following:-

 

  1. The shareholders of PICI and their respective shareholdings are as follows:-

 

Name

Place of Establishment/ Residential Status

Direct Shareholding

Indirect Shareholding

No. of PICI shares held

%

No. of PICI shares held

%

DP Capital Limited(1)

British Virgin Islands

120,000

80.0

-

-

Musa Dirgantara

Indonesian

30,000

20.0

-

-

 

          Note:

          (1) The shareholders of DP Capital Limited (“DPCL”) are Lee Kok Leong and Yong Chin Fu, holding 50% equity interest each in DCPL respectively.

 

     2.   As at 31 March 2015, some of PICI’s major customers (being mainly Indonesian property developers) are as follows:-

            i.     PT Prima Buana Internusa

            ii.    PT Adhi Persada Realti and PT Adhi Persada Properti

            iii.   PT Bank Danamon Indonesia Tbk

            iv.   PT Bekasi Fajar Industrial Estate Tbk and MM2100 Industrial Estate

            v.    PT Pakuwon Darma and PT Pakuwon Jati Tbk

            vi.   Supermal Karawaci

            vii.  PT Karya Pancasakti Nugraha

            viii. PT Wijaya Karya Realty (Wika Realty)

 

     3.   The Proposed Transaction is not deemed to be a related party transaction under Section 10.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) as none of the directors, major shareholders of IFCA and/or persons connected with them have any interest, direct or indirect, in the Proposed Transaction.

 

     4.   Based on the indicative purchase consideration of RM32 million and the audited consolidated financial statements for the financial year ended 31 December 2014, the highest percentage ratio applicable to the Proposed Transaction as per Paragraph 10.02(g), Chapter 10 of the ACE Market Listing Requirements of Bursa Securities is computed to be approximately 45.0%.

 

The Board wishes to highlight that the Proposed Transaction is subject to, amongst others, the completion of a due diligence exercise in relation to the business of PICI, any issues/conditions arising thereof to be rectified/fulfilled by PICI and shareholders’ approval at an Extraordinary General Meeting. A detailed announcement on the Proposed Transaction will be made upon the execution of the business sale agreement between both parties in relation to the business of PICI.

This announcement is dated 21 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 21 May 2015
Category General Announcement for PLC
Reference Number GA1-21052015-00043

Type Announcement
Subject NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description
Fund:	CIMB FTSE ASEAN 40 Malaysia
Date:	21-May-2015
IOPV per unit (RM):	1.8426
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:	 10,644.67





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 21 May 2015
Category General Announcement for PLC
Reference Number GA1-21052015-00041

Type Announcement
Subject NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description
Fund:	CIMB FTSE China 50
Date:	21-May-2015
IOPV per unit (RM):	1.4762
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:	 21,962.91





METFSID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement for PLC
Company Name MYETF MSCI SEA ISLAMIC DIVIDEND
Stock Name METFSID
Date Announced 21 May 2015
Category General Announcement for PLC
Reference Number GA1-21052015-00042

Type Announcement
Subject NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description
MYETF MSCI SEA ISLAMIC DIVIDEND   Valuation Point as at 21-May-15
MYETF MSCI SEA ISLAMIC DIVIDEND  – Valuation Point as at 21-May-15  
Fund: METFSID
Date: 21-May-2015
NAV per unit (RM): 1.0103
Units in circulation (units): 20,000,000.00
Manager's Fee  (p.a.): 0.65
Trustee's Fee (% p.a.): 0.045
Index License Fee (% p.a.): 0.06
MSCI SEA IMI Islamic High DVD Yield 10/40 Index:                                                                  2,427.44





GENP - Additional Listing Announcement

Announcement Type: Additional Listing Announcement
Company Name GENTING PLANTATIONS BERHAD
Stock Name GENP
Date Announced 21 May 2015
Category Additional Listing Announcement
Reference Number ALA-20052015-00021

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Exercise of Warrants 2013/2019 (GENP-WA)
No. of shares issued under this corporate proposal 1,840
Issue price per share ($$) Malaysian Ringgit (MYR)   7.7500
Par Value ($$) Malaysian Ringgit (MYR)   0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units 773,923,982
Currency Malaysian Ringgit (MYR)
Listing Date 22 May 2015



ELKDESA - OTHERS PROPOSED SINGLE TIER FIRST AND FINAL DIVIDEND

Announcement Type: General Announcement for PLC
Company Name ELK-DESA RESOURCES BERHAD
Stock Name ELKDESA
Date Announced 21 May 2015
Category General Announcement for PLC
Reference Number GA1-06052015-00009

Type Announcement
Subject OTHERS
Description
PROPOSED SINGLE TIER FIRST AND FINAL DIVIDEND

The Board of Directors of ELK-Desa Resources Berhad is pleased to announce that a single tier first and final dividend of 7.5 sen per ordinary share in respect of the financial year ended 31 March 2015 will be recommended to the shareholders for approval at the forthcoming 26th Annual General Meeting of ELK-Desa Resources Berhad.

The entitlement date and date of payment in respect of the aforesaid first and final dividend will be determined and announced in due course.

This announcement is dated 21 May 2015.

 

 






ELKDESA - OTHERS PROPOSED RENEWAL OF AUTHORITY FOR ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR "THE COMPANY") TO PURCHASE ITS OWN SHARES

Announcement Type: General Announcement for PLC
Company Name ELK-DESA RESOURCES BERHAD
Stock Name ELKDESA
Date Announced 21 May 2015
Category General Announcement for PLC
Reference Number GA1-13052015-00022

Type Announcement
Subject OTHERS
Description
PROPOSED RENEWAL OF AUTHORITY FOR ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR "THE COMPANY") TO PURCHASE ITS OWN SHARES

The Board of Directors of ELK-DESA wishes to announce that the Company will be seeking its shareholders' approval for the proposed renewal of the authority for ELK-DESA to purchase its own shares of up to 10% of the issued and paid up capital of ELK-DESA ("Proposed Share Buy-Back") at the Twenty-Sixth Annual General Meeting of the Company to be convened on a date to be announced later.

Information on the Proposed Share Buy-Back will be despatched to shareholders of ELK-DESA together with the 2015 Annual Report of the Company in due course.

This announcement is dated 21 May 2015.






AZRB - OTHERS LETTER OF ACCEPTANCE - THE PROPOSED CONSTRUCTION AND COMPLETION OF THE KPC PORT LINK ROAD IN KUANTAN PORT CITY, PAHANG FOR ECERDC PACKAGE 3A - ELEVATED INTERCHANGE AT GEBENG BYPASS AND DUAL CARRIAGEWAY ROAD FROM CH5600 TO CH9500

Announcement Type: General Announcement for PLC
Company Name AHMAD ZAKI RESOURCES BERHAD
Stock Name AZRB
Date Announced 21 May 2015
Category General Announcement for PLC
Reference Number GA1-21052015-00039

Type Announcement
Subject OTHERS
Description
LETTER OF ACCEPTANCE - THE PROPOSED CONSTRUCTION AND COMPLETION OF THE KPC PORT LINK ROAD IN KUANTAN PORT CITY, PAHANG FOR ECERDC PACKAGE 3A - ELEVATED INTERCHANGE AT GEBENG BYPASS AND DUAL CARRIAGEWAY ROAD FROM CH5600 TO CH9500

Introduction

The Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) is pleased to announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd has on 20 May 2015, received a Letter of Acceptance from East Coast Economic Region Development Council (“ECERDC”) (“the Award”) for a project known as “The Proposed Construction and Completion of the KPC Port Link Road in Kuantan Port City, Pahang Darul Makmur for ECERDC Package 3A – Elevated Interchange at Gebeng Bypass and Dual Carriageway Road from Ch5600 to Ch9500” (“the Works”).

Information on the Works

The Award for the Works amounts to a total value of RM113,264,221.04 with a contractual period of 108 weeks commencing from the date of site possession.

Financial effects

The Works shall not have any effect on the issued and paid-up share capital of AZRB. However, the Works is expected to contribute positively to AZRB Group’s earnings and the net tangible assets from the financial year ending 31 December 2015 onwards.

Directors’ and Substantial Shareholders’ interest

None of the Directors and Substantial Shareholders of AZRB or any persons connected with them has any interest, direct or indirect, in the aforesaid Works.

Statement by the Board of Directors

The Board of AZRB is of the opinion that the Works is in the best interest of the Company.

 

This announcement is dated 21 May 2015.






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

Announcement Type: General Announcement for PLC
Company Name SKP RESOURCES BHD
Stock Name SKPRES
Date Announced 21 May 2015
Category General Announcement for PLC
Reference Number GA1-21052015-00013

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description
SKP RESOURCES BHD ("SKP")
- DEALINGS IN SECURITIES OF SKP DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 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 inform that Dato’ Gan Kim Huat, the Director of the Company, had given notice of his dealing in the securities of the Company during the closed period as set out in the table below being the disposal of shares via direct deal:-

Date of Transaction

Number of Ordinary Share Disposal

Percentage (%)

Consideration (RM)

20 May 2015

10,500,000

0.9789

RM10,482,045

 

Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to inform that Dato’ Gan Kim Huat, the Director of the Company, had given notice of his dealing in the securities of the Company during the closed period as set out in the table below being the Acquisition of Warrants by Dato' Gan Kim Huat via open market:-

Date of Transaction

Number of Warrants Acquired

Percentage (%)

Consideration (RM)

20 May 2015

4,600,000

2.55

RM1,982,626.35

This announcement is dated 21 May 2015.

Note: The amended announcement is made to reflect the correct number of warrants acquired which is 4,600,000 instead of 10,600,000.






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