January 21, 2011

Company announcements: CMMT, TAMBUN, ILB, KPJ, BPURI, YTLPOWR, AUTOV, GTRONIC

CMMT - General Announcement

Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: CAPITAMALLS MALAYSIA TRUST
Stock Name: CMMT
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: CAPITAMALLS MALAYSIA TRUST ("CMMT")
(I) PROPOSED ACQUISITION BY AMTRUSTEE BERHAD ("TRUSTEE"), ON BEHALF OF CMMT OF GURNEY PLAZA EXTENSION PROPERTY FOR A PURCHASE CONSIDERATION OF RM215 MILLION ("PROPOSED ACQUISITION");
(II) PROPOSED PLACEMENT OF NEW UNITS IN CMMT ("UNITS") BY WAY OF BOOKBUILDING, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM167.1 MILLION AND ACCEPTANCE OF CMMT INVESTMENT LIMITED'S UNDERTAKING TO SUBSCRIBE FOR SUCH NUMBER OF UNSUBSCRIBED NEW UNITS SUBSEQUENT TO THE CLOSE OF THE BOOKBUILD ("PROPOSED PLACEMENT");
(III) PROPOSED EXEMPTION FOR CMMT INVESTMENT LIMITED FROM THE OBLIGATION TO MAKE A MANDATORY TAKEOVER OFFER ON ALL UNITS IN CMMT NOT ALREADY HELD BY CMMT INVESTMENT LIMITED AFTER THE PROPOSED PLACEMENT ("PROPOSED EXEMPTION");
(IV) PROPOSED PLACEMENT OF NEW UNITS TO CMMT INVESTMENT LIMITED, AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM69.7 MILLION, WHICH REPRESENTS 41.74% (BEING THE CURRENT UNITHOLDING OF CMMT INVESTMENT LIMITED IN CMMT) OF THE TOTAL GROSS PROCEEDS TO BE RAISED FROM THE PROPOSED PLACEMENT ("PROPOSED PLACEMENT TO CMMT INVESTMENT LIMITED");
(V) PROPOSED PLACEMENT OF NEW UNITS TO INSTITUTIONAL INVESTORS REPRESENTING THE PUBLIC ("PUBLIC INSTITUTIONAL INVESTORS") WHICH MAY EXCEED 10% OF THE TOTAL NEW UNITS TO BE ISSUED PURSUANT TO THE PROPOSED PLACEMENT, AT A PRICE TO BE DETERMINED LATER ("PROPOSED PLACEMENT TO PUBLIC INSTITUTIONAL INVESTORS EXCEEDING 10% OF NEW UNITS");
(VI) PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE APPROVED FUND SIZE OF CMMT PURSUANT TO CLAUSE 14.03 OF THE SECURITIES COMMISSION'S GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS ("PROPOSED AUTHORITY"); AND
(VII) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF CMMT FROM 1,350,000,000 UNITS UP TO A MAXIMUM OF 2,000,000,000 UNITS ("PROPOSED INCREASE IN FUND SIZE")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents: NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.

(Unless stated otherwise, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 12 November 2010).

We refer to the announcements dated 12 November 2010, 15 November 2010, 7 January 2011 and 17 January 2011 respectively in relation to the Proposals.

On behalf of the Manager, CIMB Investment Bank Berhad ("CIMB") wishes to announce that the Manager will comply with the conditions in relation to the Proposed Placement.

In relation to the Proposed Placement, SC has also imposed, among other conditions, the following:

(i) the number of new Units to be placed to a placee is capped at not more than 10% of the new Units to be issued; and

(ii) the 10% limit can be increased, subject to the following:

a) unitholders' approval is required via a resolution in a general meeting;

b) the placees are limited to Public Institutional Investors ; and

c) SC's specific approval is required for the increased allocation exceeding 10%.

Both unitholders' and SC's specific approval shall be sought for the Proposed Placement to Public Institutional Investors Exceeding 10% of new Units.

The Proposed Placement to Public Institutional Investors Exceeding 10% of new Units is to provide flexibility to the Manager to place more than 10% of new Units to Public Institutional Investors subsequent to the close of the bookbuild.

This announcement is dated 21 January 2011.


TAMBUN - General Announcement

Announcement Type: General Announcement
Company Name: TAMBUN INDAH LAND BERHAD
Stock Name: TAMBUN
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: Tambun Indah Land Berhad ("TAMBUN" or "the Company")
- Dealings by a Principal Officer of TAMBUN outside closed period

Contents: Pursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Neoh Sze Tsin, a Principal Officer of TAMBUN had transacted dealings in the securities of TAMBUN as set out in the Table below.

This announcement is dated 21 January 2011.


ILB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: INTEGRATED LOGISTICS BHD
Stock Name: ILB
Date Announced: 21/01/2011

Announcement Detail:
Date of buy back: 21/01/2011

Description of shares purchased: Ordinary shares of RM1-00 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 30,000

Minimum price paid for each share purchased ($$): 1.000

Maximum price paid for each share purchased ($$): 1.030

Total consideration paid ($$): 30,874.20

Number of shares purchased retained in treasury (units): 30,000

Cumulative net outstanding treasury shares as at to-date (units): 10,149,400

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.15


KPJ - KPJ-Exercise of 920,000 Warrants 2010/2015 ("Exercise of Warrants")

Announcement Type: Listing Circular
Company Name: KPJ HEALTHCARE BERHAD
Stock Name: KPJ
Date Announced: 21/01/2011

Announcement Detail:
Subject: KPJ-Exercise of 920,000 Warrants 2010/2015 ("Exercise of Warrants")

Contents: Kindly be advised that the abovementioned Company's additional 920,000 new ordinary shares of RM0.50 each arising from the aforesaid Exercise of Warrants will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 25 January 2011.


BPURI - BPURI- EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: BINA PURI HOLDINGS BHD
Stock Name: BPURI
Date Announced: 21/01/2011

Announcement Detail:
Subject: BPURI- EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 74,200 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 25 January 2011.


BPURI - General Announcement

Announcement Type: General Announcement
Company Name: BINA PURI HOLDINGS BHD
Stock Name: BPURI
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: Purchase of land held under Town Lease No. 017542237 located at Kepayan Ridge, District of Kota Kinabalu, Sabah

Contents: 1. Introduction

The Board would like to announce that Bina Puri Properties Sdn. Bhd. (the "Purchaser"), an indirect wholly-owned subsidiary of Bina Puri Holdings Bhd. has on 31 December 2010 entered into a sale and purchase agreement ("SPA") with Eastern Ingenious Sdn. Bhd. (the "Vendor") to purchase the piece of leasehold land (99 years) held under town lease no. 017542237, District of Kota Kinabalu, Sabah measuring approximately 0.788 hectare (the "said Land") for purchase price of RM4.5 million only.

2. Details of the acquisition

The said Land is currently not subject to any encumbrances except that part of the north western portion of the said Land containing approximately 0.156 hectare which is being acquired for a road reserve whereby a new draft document of title for the said Land is being issued with a new number under Town Lease 017544777 subject to the special terms appearing in the issue document of title to the said Land or thereafter, imposed by the relevant authorities, if any.

The Vendor has agreed to sell and the Purchaser has agreed to purchase the said Land free from all encumbrances and with vacant possession subject to the aforesaid.

3. Payment

The Purchaser shall pay or cause to be paid the purchase price in the following manner:-

a. upon execution of this agreement, the Purchaser shall have paid the Vendor a sum of RM90,000 only and shall further pay a sum of RM360,000 and in the event of the completion of the sale and purchase, the Vendor shall treat the deposit as part payment towards the purchase price.
b. Within 3 months from the date of the SPA, the Purchaser and/or the Purchaser's financier shall pay or cause to be paid the balance of the purchase price in the sum of RM4.05 million.

4. Source of funding

The purchase consideration for the said Land will be funded via internally generated funds and/or bank borrowings.

5. Rationale for the purchase of the said Land

The purpose of the purchase is to construct on the said Land one block of service apartments consisting of 100 units measuring 1,500 sq. ft. to 4,500 sq. ft. in built-up area per unit. The construction is expected to have more than RM60.0 million gross development value subject to approval by the relevant authorities.




6. Earnings

The acquisition is not expected to have any material impact on the earnings of Bina Puri Group for the financial year ending 31 December 2011 but is expected to enhance the earnings of Bina Puri Group in future years.

7. Net Assets and gearing

The acquisition is not expected to have any material impact on the net assets and gearing of the Group for the financial year ending 31 December 2011.

8. Directors' and major shareholders' interests

Insofar as the Directors are aware, none of the Directors and/or major shareholders and/or persons connected to them has any interests, direct or indirect in the purchase of the said Land.


YTLPOWR - YTL POWER INTERNATIONAL BERHAD - ACQUISITION OF NEW SUBSIDIARY (Amended Announcement)

Announcement Type: General Announcement
Company Name: YTL POWER INTERNATIONAL BHD
Stock Name: YTLPOWR
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: YTL POWER INTERNATIONAL BERHAD
- ACQUISITION OF NEW SUBSIDIARY

Contents: Pursuant to Paragraph 9.19(23) of the Listing Requirements, the Board of Directors of YTL Power International Berhad ('YTL Power' or 'the Company') wishes to announce that YTL Communications Sdn Bhd ('YTL Comm'), a subsidiary of the Company is now beneficially interested in 450,000 ordinary shares of RM1.00 each ('Shares') representing 90% of the issued and paid-up share capital of Extiva Communications Sdn Bhd ('Extiva Communications') acquired from YTL e-Solutions Berhad ('YTLe'), a related company, for a consideration of RM18,000,000 ('the Acquisition') in cash. Extiva Communications will become a subsidiary upon completion of the registration of the Shares in YTL Comm's name.

Extiva Communications was incorporated on 14 April 1998 and presently has an authorised share capital of RM1,000,000.00 comprising 1,000,000 ordinary shares of RM1.00 each of which 500,000 ordinary shares have been issued and fully paid-up. Extiva Communications is principally involved in developing and marketing VoIP telephony and other advanced network media appliances for the service provider and enterprise telephony markets.

The Acquisition is not expected to have any material effect on the earnings, net assets and gearing of the YTL Power Group for the current financial year.

Save for the following interests of the Directors, major shareholders and/or persons connected with them, none of the other Directors or major shareholders of the Company or persons connected with them, insofar as the Board of the Company is aware, has any interest, direct or indirect in the Acquisition:-

(i) Tan Sri Dato' Seri (Dr) Yeoh Tiong Lay ('Tan Sri YTL'), Yeoh Tiong Lay & Sons Holdings Sdn Bhd and YTL Corporation Berhad, major shareholders of YTL Power, are also major shareholders of YTLe;

(ii) Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, Dato' Yeoh Seok Kian, Dato' Yeoh Soo Min, Dato' Yeoh Seok Hong, Dato' Sri Michael Yeoh Sock Siong, Dato' Yeoh Soo Keng and Dato' Mark Yeoh Seok Kah, directors of the Company, are also persons connected with Tan Sri YTL;

(iii) Tan Sri Dato' (Dr) Francis Yeoh Sock Ping and Dato' Sri Michael Yeoh Sock Siong are also Directors of YTLe;

(iv) Dato' Yeoh Soo Min, Dato' Yeoh Soo Keng, Datin Sri Tan Siew Bee (spouse of Dato' Sri Michael Yeoh Sock Siong), Dato' Tan Kim Kuan (spouse of Dato' Yeoh Soo Min) and Tan & Yeoh Properties Sdn Bhd (body corporate controlled by Dato' Yeoh Soo Min and her spouse) have interest in shares of YTLe.


AUTOV - General Announcement

Announcement Type: General Announcement
Company Name: AUTOV CORPORATION BERHAD
Stock Name: AUTOV
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: AUTOV CORPORATION BERHAD
- PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP SHARE CAPITAL OF JP METAL SDN. BHD. FROM JOTECH METAL FABRICATION INDUSTRIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY COMPANY OF JOTECH HOLDINGS BERHAD FOR A CASH CONSIDERATION OF RM7,000,000

Contents: The Company is pleased to attach herewith an announcement in respect of the subject matter.

Attachments: Draft Announcement-Acquire JP Metal (21.01.2011).pdf


GTRONIC - General Announcement

Announcement Type: General Announcement
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: Globetronics Technology Bhd ("GTB" or "the Company")
- Intention of dealings by Principal Officers of GTB in the securities of the Company during closed period

Contents: The Company has, on 21 January 2011 received the notifications from 2 Principal Officers of GTB that they intend to deal in the securities of GTB between 25 January 2011 up to 22 February 2011 during GTB's closed period. The details of their respective shareholdings in GTB are set out below.

This announcement is dated 21 January 2011.


GTRONIC - General Announcement

Announcement Type: General Announcement
Company Name: GLOBETRONICS TECHNOLOGY BERHAD
Stock Name: GTRONIC
Date Announced: 21/01/2011

Announcement Detail:
Type: Announcement

Subject: Globetronics Technology Bhd ("GTB" or "the Company")
- Intention of dealings by Directors of GTB in the securities of the Company during closed period

Contents: The Company has, on 21 January 2011 received the notifications from 5 Directors of GTB that they intend to deal in the securities of GTB between 25 January 2011 up to 22 February 2011 during GTB's closed period. The details of their respective shareholdings in GTB are set out in Table 1, 2, 3, 4 and 5 below.

This announcement is dated 21 January 2011.



No comments:

Post a Comment