TEXCHEM - OTHERS TEXCHEM RESOURCES BHD. (16318-K) (TRB) AN EXTENTION OF TIME GRANTED BY THE PENANG HIGH COURT TO TEXCHEM CORPORATION SDN. BHD. (TEXCORP), A 73.81% OWNED SUBSIDIARY OF TRB, IN ORDER TO COMPLY WITH THE REQUIREMENT OF SECTION 17 OF THE COMPANIES ACT, 1965
| Company Name | TEXCHEM RESOURCES BERHAD |
| Stock Name | TEXCHEM |
| Date Announced | 12 May 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12052015-00075 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TEXCHEM RESOURCES BHD. (16318-K) (TRB) AN EXTENTION OF TIME GRANTED BY THE PENANG HIGH COURT TO TEXCHEM CORPORATION SDN. BHD. (TEXCORP), A 73.81% OWNED SUBSIDIARY OF TRB, IN ORDER TO COMPLY WITH THE REQUIREMENT OF SECTION 17 OF THE COMPANIES ACT, 1965 |
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We refer to TRB’s announcement made on 6 May 2014 in relation to the requirement to comply with Section 17 of the Companies Act, 1965 (“Act”), namely Texcorp is required to dispose of all its shareholding in TRB within twelve (12) months or such longer period as the High Court of Malaya may allow after Texcorp becomes a subsidiary of TRB. Texcorp became a subsidiary of TRB since 17 May 2013. As announced on 6 May 2014, Texcorp has been granted an Order by the Penang High Court for an extension of time of twelve (12) months from 17 May 2014 to 16 May 2015 to dispose of all its shareholding in TRB in order to comply with the requirement of Section 17 of the Act. As at todate, Texcorp still holds 24,153,109 ordinary shares of RM1.00 each in TRB, representing 19.46% of the total issued and paid-up share capital in TRB (“TRB Shares”). Pursuant thereto, the Board of Directors of TRB wishes to announce that on even date, Texcorp has been granted an Order by the Penang High Court for a further extension of time of twelve (12) months from 17 May 2015 to dispose of the TRB Shares in order to comply with the requirement of Section 17 of the Act, namely the new deadline for Texcorp to dispose of the TRB Shares is 16 May 2016. Pending disposal of the TRB Shares, Texcorp shall have no rights to vote at meetings of TRB or any class of TRB’s members. This announcement is dated 12 May 2015. |
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WCT - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG (PERSARAAN) DI PERBADANKAN)
| Company Name | WCT HOLDINGS BERHAD |
| Stock Name | WCT |
| Date Announced | 12 May 2015 |
| Category | Change in Substantial Shareholders Interest Pursuant to Form 29B |
| Reference Number | CS2-12052015-00038 |
Particulars of substantial Securities Holder
| Name | KUMPULAN WANG (PERSARAAN) DI PERBADANKAN) |
| 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 (7,853,445 Shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities |
Price Transacted (RM) |
| Disposed | 06 May 2015 | 500,000 |
| Circumstances by reason of which change has occurred | Disposal of Shares |
| Nature of interest | Direct |
| Direct (units) | 77,395,720 |
| Direct (%) | 7.2 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Total no of securities after change | 77,395,720 |
| Date of notice | 12 May 2015 |
| Remarks : |
Form 28B dated 12 May 2015 was received on 12 May 2015. |
TECNIC - MULTIPLE PROPOSALS TECNIC GROUP BERHAD (TECNIC OR THE COMPANY) I. DISPOSALS; II. DISTRIBUTION; AND III. AMENDMENT (COLLECTIVELY, THE CORPORATE EXERCISES)
| Company Name | TECNIC GROUP BERHAD |
| Stock Name | TECNIC |
| Date Announced | 12 May 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12052015-00087 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | TECNIC GROUP BERHAD (TECNIC OR THE COMPANY) I. DISPOSALS; II. DISTRIBUTION; AND III. AMENDMENT (COLLECTIVELY, THE CORPORATE EXERCISES) |
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The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 2 October 2014 in relation to the Corporate Exercises and the circular to the shareholders of the Company dated 15 December 2014. We refer to the announcements made on 2 October 2014, 4 November 2014, 12 December 2014, 15 December 2014, 6 January 2015, 31 March 2015, 1 April 2015, 6 April 2015, 10 April 2015 and 28 April 2015 in relation to the Corporate Exercises. On behalf of the Board of Directors of Tecnic, RHB Investment Bank Berhad wishes to announce that the distribution of cash amounting to RM106,648,959.12 was completed and 172,092,612 SKP Shares were transferred, to the respective entitled shareholders of Tecnic. Hence, the Corporate Exercises are completed on 12 May 2015.
This announcement is dated 12 May 2015. |
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