May 5, 2015

Company announcements: PERWAJA, HIBISCS, SUNWAY-CJ, SUNWAY-CL, IHH, TUNEINS, AAX, BDB, KENANGA, TAKASO

PERWAJA - PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement for PLC
Company Name PERWAJA HOLDINGS BERHAD
Stock Name PERWAJA
Date Announced 05 May 2015
Category General Announcement for PLC
Reference Number GA1-05052015-00030

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
PERWAJA HOLDINGS BERHAD (PHB OR THE COMPANY) 

MONTHLY ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We refer to the announcements made by the Company on 26 November 2013, 6 December 2013, 2 January 2014, 4 February 2014, 3 March 2014, 5 March 2014, 1 April 2014, 2 May 2014, 2 June 2014, 1 July 2014, 16 July 2014, 25 July 2014, 2 September 2014, 1 October 2014, 3 November 2014, 26 November 2014, 1 December 2014, 2 January 2015, 9 January 2015, 4 February 2015, 11 February 2015, 2 March 2015, 23 March 2015, 1 April 2015, 13 April 2015 and 30 April 2015 in relation to the Company being classified as an affected listed issuer under Practice Note 17 of the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).

As announced on 30 April 2015, the Company had entered into:

  1. A Second Memorandum of Agreement with Zhiyuan Investment Group Co Ltd (“Zhiyuan”) to revamp and restart the steel manufacturing plant at Kawasan Perindustrian Telok Kalung, Peti Surat 61, 240007 Kemaman, Terengganu Darul Iman (“Kemaman Plant”), pending the procurement of all requisite approvals to implement PHB’s proposed regularisation plans; and
  2. A Lease Agreement between Perwaja Steel Sdn Bhd (“PSSB”), a wholly-owned subsidiary of PHB and Zhiyuan in relation to the lease by PSSB of a portion of the land forming the Kemaman Plant to Zhiyuan.

Save as disclosed above, there is no significant development on the Company’s regularisation plan since the announcement made previously on 30 April 2015. The Company has approximately three (3) months to submit its regularisation plan to the relevant authorities.

This announcement is dated 5 May 2015.






HIBISCS - Change in Principal Officer - VINCENT JACOB LEE NAM SANG

Announcement Type: Change in Principal Officer
Company Name HIBISCUS PETROLEUM BERHAD
Stock Name HIBISCS
Date Announced 05 May 2015
Category Change in Principal Officer
Reference Number C04-28042015-00001

Date of change 05 May 2015
Name Mr VINCENT JACOB LEE NAM SANG
Age 41
Nationality Malaysia
Type of change Appointment
Designation Chief Financial Officer
Qualifications
Fellow member of the Association of Chartered Certified Accounts, United Kingdom
Working experience and occupation
* July 2010 to April 2015 - Lead the finance function of MDC Oil & Gas (SK 320) Ltd (A Mubadala Petroleum Affiliate), Malaysia
* July 2012 to October 2014 - Lead the finance function of Pearl Oil (Techrite) Limited (A Mubadala Petroleum Affiliate), Vietnam
* February 2006 to June 2010 - Senior Manager, Assurance, PricewaterhouseCoopers, Malaysia
* January 2004 to January 2006 - Manager, Assurance, PricewaterhouseCoopers, London
* June 1998 to January 2004 - Manager, Assurance, PricewaterhouseCoopers, Malaysia
* December 2002 to April 2003 - Secondment, An International Oil Company, Upstream Business
Directorship of public companies (if any)
Nil
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
Nil


Remarks :
Vincent has over 17 years of working experience covering areas of accounting, reporting, financial management, financial due diligence, Enterprise Wide Risk Management, audit and assurance work, upstream oil & gas accounting, and group wide restructuring. His career started at PwC in 1998 with audit/assurance, focused mainly on energy clients. During secondment to the PwC London office, he worked on the UK audits on large oil majors, evaluated cross border tax efficiencies and large EURO Bond offerings. Vincent also conducted technical presentations and public courses on IFRS, both locally and internationally. Vincent joined Mubadala Petroleum Malaysia in 2010 to head the finance division. He was responsible for the setting up the financial controls, governance, overall risk management and compliance with PSC financial requirements for the Malaysian operations. In addition to Malaysia, Vincent also oversaw the finance function for Mubadala Petroleum Vietnam.


SUNWAY-CJ - Listing Information & Profile for Structured Warrants (Amended Announcement)

Announcement Type: Listing Information and Profile
Company Name SUNWAY-CJ: CW SUNWAY BERHAD (CIMB)
Stock Name SUNWAY-CJ
Date Announced 05 May 2015
Category Listing Information and Profile
Reference Number LIP-05052015-00001

Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Description
European Style Non-Collateralised Cash-Settled
Underlying Stock SUNWAY-CJ: CW SUNWAY BERHAD (CIMB)
Issuer CIMB BANK BERHAD
Stock Code 5211CJ
Stock Short Name SUNWAY-CJ
ISIN Code MYL5211CJP58
Board Structured Warrants
Sector PROPERTIES

Initial Listing Information

Listing Date 19 May 2014
Term Sheet Date 16 May 2014
Issue Date 16 May 2014
Issue/ Ask Price Malaysian Ringgit (MYR)   0.1500
Issue Size Indicator Unit
Issue Size in Unit 50,000,000
Maturity Date 29 May 2015
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 13.00   Month(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   3.1000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   3.0086
Exercise/Conversion Ratio 3 : 1
Revised Exercise/Conversion Ratio 2.9115 : 1
Settlement Type/ Convertible into Cash
Name and contact details of market maker (If applicable) CIMB Bank Berhad c/o Equity Derivatives Group 17th Floor Menara CIMB Jalan Stesen Sentral Kuala Lumpur Sentral 50470 Kuala Lumpur Tel: 03-2261 8888 Fax: 03-2261 8000
Circumstances under which the market maker may not be able to provide quotes (If applicable) Please refer to Section 5.2 of the Base Prospectus dated 6 May 2013




SUNWAY-CL - Listing Information & Profile for Structured Warrants (Amended Announcement)

Announcement Type: Listing Information and Profile
Company Name SUNWAY-CL: CW SUNWAY BERHAD (KIBB)
Stock Name SUNWAY-CL
Date Announced 05 May 2015
Category Listing Information and Profile
Reference Number LIP-29042015-00009

Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Description
European Style Non-Collateralised Cash-Settled
Underlying Stock SUNWAY-CL: CW SUNWAY BERHAD (KIBB)
Issuer KENANGA INVESTMENT BANK BERHAD
Stock Code 5211CL
Stock Short Name SUNWAY-CL
ISIN Code MYL5211CLP88
Board Structured Warrants
Sector PROPERTIES

Initial Listing Information

Listing Date 23 Oct 2014
Term Sheet Date 21 Oct 2014
Issue Date 21 Oct 2014
Issue/ Ask Price Malaysian Ringgit (MYR)   0.1500
Issue Size Indicator Unit
Issue Size in Unit 100,000,000
Maturity Date 21 Aug 2015
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 10.00   Month(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   3.3000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   3.2027
Exercise/Conversion Ratio 3.5:1
Revised Exercise/Conversion Ratio Not Applicable
Settlement Type/ Convertible into Cash
Name and contact details of market maker (If applicable) Kenanga Investment Bank Berhad c/o: Equity Derivatives and Structured Products 5th Floor, Kenanga International Jalan Sultan Ismail 50250 Kuala Lumpur Tel:03-2161 4059 Fax:03-2713 1378
Circumstances under which the market maker may not be able to provide quotes (If applicable) Please refer to Section 5.2 of the Base Prospectus dated 29 September 2014.




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

Announcement Type: General Announcement for PLC
Company Name IHH HEALTHCARE BERHAD
Stock Name IHH
Date Announced 05 May 2015
Category General Announcement for PLC
Reference Number GA1-05052015-00141

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description
Dealings in the securities of IHH Healthcare Berhad ("IHH") which are exempted from the general restriction on dealings during closed period pursuant to Paragraph 14.06(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Tan See Haw, the Chief Financial Officer of IHH has transacted dealings in the securities of IHH which are exempted from the general restriction on dealings during closed period pursuant to Paragraph 14.06(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to the followings:

 

Acceptance of 2015 Long Term Incentive Plan (“LTIP”)

Date of Acceptance of 2015 LTIP Unit

Value of each 2015 LTIP Unit

Number of 2015 LTIP Units*

% Issued Share Capital

29 April 2015

-

298,000

-

 

Note: * The 298,000 LTIP units will be vested on 29 April 2015, 29 April 2016 and 29 April 2017

 

Surrender of 2013, 2014 and 2015 LTIP units

Date of Dealing

Consideration per Share

Number of Ordinary Shares

% Issued Share Capital

Nature of Transaction

29 April 2015

RM3.71

140,000

0.0017%

Surrender of units under the 2013 LTIP grant

29 April 2015

RM3.93

125,000

0.0015%

Surrender of units under the 2014 LTIP grant

29 April 2015

RM6.00

99,000

0.0012%

Surrender of units under the 2015 LTIP grant

 

 






TUNEINS - OTHERS TUNE INS HOLDINGS BERHAD ("TIH" OR "THE COMPANY") INVESTMENT IN 50% PLUS 1 SHARE EQUITY INTEREST IN PT ASURANSI STACO MANDIRI ("ASM") BY TIH

Announcement Type: General Announcement for PLC
Company Name TUNE INS HOLDINGS BERHAD
Stock Name TUNEINS
Date Announced 05 May 2015
Category General Announcement for PLC
Reference Number GA1-30042015-00072

Type Announcement
Subject OTHERS
Description
TUNE INS HOLDINGS BERHAD ("TIH" OR "THE COMPANY")
INVESTMENT IN 50% PLUS 1 SHARE EQUITY INTEREST IN PT ASURANSI STACO MANDIRI ("ASM") BY TIH

The Board of Directors (“BOD”) of TIH wishes to announce that TIH had on 5 May 2015 executed a Conditional Binding Offer Letter (“Binding Offer”) to acquire 38,235 ordinary shares of IDR500,000 (Five Hundred Thousand Rupiah) each or 31.82% of the issued and paid-up shares (or 23.33% of the enlarged share capital) from the selling shareholders (“Selling Shareholders”) as described in Table 1.1 in the attachment, for the purchase consideration of IDR26,764,500,000 (Twenty Six Billion Seven Hundred Sixty Four Million Five Hundred Thousand Rupiah) or IDR700,000 (Seven Hundred Thousand Rupiah) per share and to subscribe the entirety of 43,707 newly issued shares (“New Issued Shares”) in ASM for IDR30,594,900,000 (Thirty Billion Five Hundred Ninety Four Million Nine Hundred Thousand Rupiah) or 26.67% of the enlarged share capital in ASM; and a Cooperation Agreement (“Cooperation Agreement”) with PT Cahaya Putratama Abadi (“CPA”) for CPA to assist TIH to become the holding company of ASM, to facilitate the acquisition process of ASM and for CPA to provide further assistance and business development services for the expansion of TIH’s insurance business in Indonesia, for IDR25,500,000,000 (Twenty Five Billion Five Hundred Million Rupiah). The Binding Offer and Cooperation Agreement shall collectively, hereinafter, be referred to as the “Conditional Agreements”.

 

Please refer to the attachment for further details.

 

This announcement is dated 5 May 2015.




Please refer attachment below.



AAX - AAX - Notice of Rights Entitlement (Ratio)

Announcement Type: Listing Circular
Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 05 May 2015
Category Listing Circular
Reference Number ILC-05052015-00002

Renounceable rights issue of up to 1,779,071,540 new ordinary shares of RM0.15 each in AirAsia X Berhad ("AAX Shares") ("Rights Shares") together with up to 889,535,770 free detachable warrants ("Warrants"), on the basis of 3 Rights Shares for every 4 AAX Shares held as at 5.00 p.m. on 15 May 2015 ("Entitlement Date") and 1 Warrant for every 2 Rights Shares subscribed for by the entitled shareholders at an issue price of RM0.22 per Rights Share (the "Rights Issue with Warrants").

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “ Ex- Rights Issue” as from: 13 May 2015
2)    The last date of lodgment : 15 May 2015
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
       a)    Selling Broker to deduct<3/7>, of Selling Price against the Selling Client
       b)    Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
       c)    Between Broker and Broker, the deduction of <3/7>, of the Transacted Price is applicable.

Remarks :- The Abridged Prospectus together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, the "Documents") are only despatched to shareholders who have provided AAX's Share Registrar with a registered address in Malaysia and whose names appear in AAX's Record of Depositors as at 5.00 p.m. on the Entitlement Date. The Documents will also be made available on Bursa Malaysia Securities Berhad's website (www.bursamalaysia.com) from 15 May 2015 onwards.

 



BDB - Change in Principal Officer - UMI KALTUM MANSOR

Announcement Type: Change in Principal Officer
Company Name BINA DARULAMAN BERHAD
Stock Name BDB
Date Announced 05 May 2015
Category Change in Principal Officer
Reference Number C04-05052015-00003

Date of change 05 May 2015
Name Madam UMI KALTUM MANSOR
Age 46
Nationality Malaysia
Type of change Appointment
Designation Chief Financial Officer
Qualifications
Diploma majoring in Accountancy, Universiti Teknologi MARA (1990)
Advance Diploma majoring in Accountancy, Universiti Teknologi MARA (1993)
Professional Membership of Malaysia Institute of Accountants
Working experience and occupation
Syarikat Air Negeri Sembilan Sdn Bhd, Head of Finance (2011 - April 2015)
Cement Industries of Malaysia Berhad (CIMA), Deputy General Manager, Group Finance (Jan 2007 - July 2011)
Negeri Sembilan Cement Ind. Sdn Bhd, Senior Manager Finance (Jan 2004 - Dec 2006)
Other than that, she had been previously employed by Crest Petroleum Berhad (July 1998 - Apr 2000), Kinta Kellas Public Limited Company (Feb 1997 - July 1998) and HBN Management Sdn Bhd (Aug 1994 - Jan 1997)
Directorship of public companies (if any)
NIL
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
NIL



KENANGA - General Meetings: Notice of Meeting

Announcement Type: General Meeting
Company Name K & N KENANGA HOLDINGS BERHAD
Stock Name KENANGA
Date Announced 05 May 2015
Category General Meeting
Reference Number GMA-05052015-00016

Type of Meeting Annual General Meeting
Indicator Notice of Meeting
Description
Notice of Twenty-First (21st) Annual General Meeting of K & N Kenanga Holdings Berhad
Date of Meeting 28 May 2015
Time 11:00 AM
Venue
Taming Sari 1 & 2, The Royal Chulan Kuala Lumpur, 5, Jalan Conlay, 50450 Kuala Lumpur
Date of General Meeting Record of Depositors 22 May 2015


Please refer attachment below.

Attachments

Kenanga - Notice of AGM.pdf
68.6 kB




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

Announcement Type: General Announcement for PLC
Company Name TAKASO RESOURCES BERHAD
Stock Name TAKASO
Date Announced 05 May 2015
Category General Announcement for PLC
Reference Number GA1-05052015-00100

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description
Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director has dealing in securities of Takaso Resources Berhad as set out in Table 1 hereunder.
Date of Transaction Nature of Transaction No. of Shares % of issued capital Price Transacted (RM)
29 April 2015 Indirect interest - transfer of securities was from OCR Land Holding Sdn. Bhd. to Kenanga Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for OCR Land Holdings Sdn. Bhd. without any change to the beneficial owner i.e. OCR Land Holdings Sdn. Bhd. Mr. Ong Kah Hoe is deemed interested pursuant to Section 6A of the Companies Act, 1965. 7,500,000 3.67 -

This announcement is dated 5 May 2015.






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