ASIAEP - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: ASIAEP BHD (ACE Market)
Stock Name: ASIAEP
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)
Description: ASIAEP BERHAD ("ASIAEP" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ASIAEP ("PROPOSED PRIVATE PLACEMENT")
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: ASIAEP BHD (ACE Market)
Stock Name: ASIAEP
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING (RIGHTS ISSUES, PRIVATE PLACEMENT, ETC)
Description: ASIAEP BERHAD ("ASIAEP" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ASIAEP ("PROPOSED PRIVATE PLACEMENT")
EFUTURE - NOTICE OF DEMAND
Announcement Type: General Announcement
Submitting Merchant Bank: -
Company Name: ECOFUTURE BHD (ACE Market)
Stock Name: EFUTURE
Date Announced: 22/04/2011
Announcement Detail:
Regularisation Sponsor: ECM Libra Investment Bank Bhd
Sponsor: Same as above
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-110420-63331
Subject: NOTICE OF DEMAND
Description: We refer to the letter from Bursa Malaysia Berhad dated 21 April 2011 in conjunction with our announcement dated 19 April 2011 in respect of the Notice of Demand dated 14 April 2011 served on Efuture by the solicitors of Kenneth Gerrard Pereira and Larizz Bumi-Overseas Services Sdn Bhd ("the Plaintiffs") on 18 April 2011 for an outstanding sum of RM745,027.06 (the "Claim") owing by Efuture to the Plaintiffs in respect of the Judgment against Efuture in the High Court of Malaya at Shah Alam under Suit No. 22-1081-2010 in favour of the Plaintiffs on 2 March 2011 ("the Judgement").
We furnish herewith the following information as requested:-
(1) In accordance to the Judgement, interest rate of 8% per annum is charged on the outstanding sum principal sum owing to the Plaintiff.
(2) The circumstance leading to the Judgement was due to non-payment on outstanding Director's and Non-Trade fees owed by Efuture to the former director, Kenneth Gerrard Pereira, and outstanding advances owed by Efuture to Larizz Bumi-Overseas Services Sdn Bhd.
(3) The Board does not foresee any material financial and/or operational impact to be arisen from the said Notice of Demand / the Judgement on Efuture Group, except for the cash flow required to pay the total sum of RM745,027.06 to the Plaintiffs.
(4) As Efuture has previously recognised the Claim as a liability, the expected losses arising from the said Notice of Demand / the Judgement is only exposed to the additional interest charges of RM46,251.66, in which the amount forms part of the Claim.
Query Letter content: We refer to your announcement dated 19 April 2011 in respect of the
abovecaptioned matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
(1) The interest rate on the Claim.
(2) The details of the default or circumstances leading to the Judgement
against Ecofuture Bhd ("Efuture") in the High Court of Malaya at Shah Alam
under Suit No. 22-1081-2010 on 2 March 2011.
(3) The financial and operational impact of the Notice of Demand / Judgement on
the Efuture group.
(4) The expected losses, if any arising from the Notice of Demand / Judgement
on the Efuture group.
Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/TEK
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
Submitting Merchant Bank: -
Company Name: ECOFUTURE BHD (ACE Market)
Stock Name: EFUTURE
Date Announced: 22/04/2011
Announcement Detail:
Regularisation Sponsor: ECM Libra Investment Bank Bhd
Sponsor: Same as above
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-110420-63331
Subject: NOTICE OF DEMAND
Description: We refer to the letter from Bursa Malaysia Berhad dated 21 April 2011 in conjunction with our announcement dated 19 April 2011 in respect of the Notice of Demand dated 14 April 2011 served on Efuture by the solicitors of Kenneth Gerrard Pereira and Larizz Bumi-Overseas Services Sdn Bhd ("the Plaintiffs") on 18 April 2011 for an outstanding sum of RM745,027.06 (the "Claim") owing by Efuture to the Plaintiffs in respect of the Judgment against Efuture in the High Court of Malaya at Shah Alam under Suit No. 22-1081-2010 in favour of the Plaintiffs on 2 March 2011 ("the Judgement").
We furnish herewith the following information as requested:-
(1) In accordance to the Judgement, interest rate of 8% per annum is charged on the outstanding sum principal sum owing to the Plaintiff.
(2) The circumstance leading to the Judgement was due to non-payment on outstanding Director's and Non-Trade fees owed by Efuture to the former director, Kenneth Gerrard Pereira, and outstanding advances owed by Efuture to Larizz Bumi-Overseas Services Sdn Bhd.
(3) The Board does not foresee any material financial and/or operational impact to be arisen from the said Notice of Demand / the Judgement on Efuture Group, except for the cash flow required to pay the total sum of RM745,027.06 to the Plaintiffs.
(4) As Efuture has previously recognised the Claim as a liability, the expected losses arising from the said Notice of Demand / the Judgement is only exposed to the additional interest charges of RM46,251.66, in which the amount forms part of the Claim.
Query Letter content: We refer to your announcement dated 19 April 2011 in respect of the
abovecaptioned matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
(1) The interest rate on the Claim.
(2) The details of the default or circumstances leading to the Judgement
against Ecofuture Bhd ("Efuture") in the High Court of Malaya at Shah Alam
under Suit No. 22-1081-2010 on 2 March 2011.
(3) The financial and operational impact of the Notice of Demand / Judgement on
the Efuture group.
(4) The expected losses, if any arising from the Notice of Demand / Judgement
on the Efuture group.
Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/TEK
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
TEJARI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 22/04/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NM-110419-59545
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: TEJARI TECHNOLOGIES BERHAD ("TEJARI" OR THE "COMPANY")
I. PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST OF PDA EXPERT MOBILITY SDN BHD ("PDA EXPERT") AND ITS SUBSIDIARY, PC3 CORPORATE SDN BHD ("PDA EXPERT GROUP") REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PDA EXPERT FROM SIN CHIN CHAI ("SCC") AND LEE KAH KENG ("LKK") BY TEJARI FOR A TOTAL PURCHASE CONSIDERATION OF RM4,038,343 TO BE SATISFIED VIA THE ISSUANCE OF 40,383,430 NEW ORDINARY SHARES OF RM0.10 EACH IN TEJARI ("TEJARI SHARES" OR "SHARES") AT PAR ("PROPOSED ACQUISITION")
II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF TEJARI FROM RM100,000,000 COMPRISING 1,000,000,000 TEJARI SHARES TO RM200,000,000 COMPRISING 2,000,000,000 TEJARI SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL")
III. PROPOSED AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF TEJARI ("PROPOSED AMENDMENTS"); AND
IV. PROPOSED PURCHASE BY TEJARI OF UP TO TEN PERCENT (10%) OF ITS OWN ISSUED AND PAID-UP SHARE CAPITAL ("PROPOSED SHARE BUY-BACK")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Query Letter content: We refer to the Company's announcement dated 18 April 2011 in respect of the
above matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
1. The basis of arriving at the Placement Value of RM800,000.
2. Justification for the PE Multiple of 5 times of the adjusted aggregate
audited profit after tax of PDA Expert and PC3 Corporate for the financial year
ended 30 November 2010 for the purchase consideration.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 22/04/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: NM-110419-59545
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: TEJARI TECHNOLOGIES BERHAD ("TEJARI" OR THE "COMPANY")
I. PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST OF PDA EXPERT MOBILITY SDN BHD ("PDA EXPERT") AND ITS SUBSIDIARY, PC3 CORPORATE SDN BHD ("PDA EXPERT GROUP") REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PDA EXPERT FROM SIN CHIN CHAI ("SCC") AND LEE KAH KENG ("LKK") BY TEJARI FOR A TOTAL PURCHASE CONSIDERATION OF RM4,038,343 TO BE SATISFIED VIA THE ISSUANCE OF 40,383,430 NEW ORDINARY SHARES OF RM0.10 EACH IN TEJARI ("TEJARI SHARES" OR "SHARES") AT PAR ("PROPOSED ACQUISITION")
II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF TEJARI FROM RM100,000,000 COMPRISING 1,000,000,000 TEJARI SHARES TO RM200,000,000 COMPRISING 2,000,000,000 TEJARI SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL")
III. PROPOSED AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF TEJARI ("PROPOSED AMENDMENTS"); AND
IV. PROPOSED PURCHASE BY TEJARI OF UP TO TEN PERCENT (10%) OF ITS OWN ISSUED AND PAID-UP SHARE CAPITAL ("PROPOSED SHARE BUY-BACK")
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Query Letter content: We refer to the Company's announcement dated 18 April 2011 in respect of the
above matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
1. The basis of arriving at the Placement Value of RM800,000.
2. Justification for the PE Multiple of 5 times of the adjusted aggregate
audited profit after tax of PDA Expert and PC3 Corporate for the financial year
ended 30 November 2010 for the purchase consideration.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NMA
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
Company Name: FTSE BURSA MALAYSIA KLCI ETF
Stock Name: FBMKLCI-EA
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: FBM KLCI etf - Valuation Point as at 22 April 2011
Attachments: FBM KLCI etf 20110422.xls
Company Name: FTSE BURSA MALAYSIA KLCI ETF
Stock Name: FBMKLCI-EA
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: FBM KLCI etf - Valuation Point as at 22 April 2011
Attachments: FBM KLCI etf 20110422.xls
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
Company Name: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25
Stock Name: MYETFDJ
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 22-04-2011
Fund:MYETFDJ
NAV per unit (RM):0.9887
Units in Circulation (units):634,700,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index:882.41
Attachments: Daily Fund Values 220411.pdf
Company Name: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25
Stock Name: MYETFDJ
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 22-04-2011
Fund:MYETFDJ
NAV per unit (RM):0.9887
Units in Circulation (units):634,700,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index:882.41
Attachments: Daily Fund Values 220411.pdf
RHBCAP - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): OTHER ISSUE OF SECURITIES
Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: RHB CAPITAL BERHAD
Stock Name: RHBCAP
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description: ADVERTISEMENT: DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF RHB CAPITAL BERHAD ("RHB CAPITAL") THE OPTION TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM1.00 EACH IN RHB CAPITAL
Attachments: RHB Capital DRP Advertisement.pdf
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: RHB CAPITAL BERHAD
Stock Name: RHBCAP
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description: ADVERTISEMENT: DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF RHB CAPITAL BERHAD ("RHB CAPITAL") THE OPTION TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM1.00 EACH IN RHB CAPITAL
Attachments: RHB Capital DRP Advertisement.pdf
TALAM - Change in Boardroom (Amended Announcement)
Announcement Type: Change in Boardroom
Company Name: TALAM CORPORATION BERHAD
Stock Name: TALAM
Date Announced: 22/04/2011
Announcement Detail:
Date of change: 01/10/2007
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Name: Chua Kim Lan
Age: 44
Nationality: Malaysian
Qualifications: Master of Business Administration from Honolulu University, Hawaii in 2000
Working experience and occupation: Ms Chua Kim Lan graduated from College Tunku Abdul Rahman in Building Technology in 1984. She was previously attached to Brisdale (M) Sdn Bhd for 5 years from 1984 to 1989 and Talam Corporation Berhad ("Talam") for 1 year prior to joining Europlus Berhad as a Quantity Surveyor in 1991. She was transferred back to Talam subsequent to the merger exercise in 2003 and is currently the Deputy President of Talam.
She has a total of 23 years of experience in property development since 1984. She is also a director of several other subsidiary companies of Talam.
Directorship of public companies (if any): (1) Bukit Beruntung Golf & Country Resort Berhad
(2) Pandan Lake Club Berhad
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: Direct interest of 30,006 Ordinary Shares of RM1.00 each in Talam Corporation Berhad
Direct interest of 65 5% Irredeemable Convertible Preference Shares of RM0.10 each in Talam Corporation Berhad
Deemed interest of 7,500 Ordinary Shares of RM1.00 each in Talam Corporation Berhad through her spouse, Chin Chee Meng
Deemed interest of 18,750 5% Irredeemable Convertible Preference Shares of RM0.10 each in Talam Corporation Berhad through her spouse, Chin Chee Meng
Remarks: This amendment is to replace our earlier announcement made on 1 October 2007.
The direct interest should be 30,006 instead of 74,006 Ordinary Shares of RM1.00 each and the difference of 44,000 Ordinary Shares of RM1.00 each disclosed earlier belonged to someone else with similar name.
Company Name: TALAM CORPORATION BERHAD
Stock Name: TALAM
Date Announced: 22/04/2011
Announcement Detail:
Date of change: 01/10/2007
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Name: Chua Kim Lan
Age: 44
Nationality: Malaysian
Qualifications: Master of Business Administration from Honolulu University, Hawaii in 2000
Working experience and occupation: Ms Chua Kim Lan graduated from College Tunku Abdul Rahman in Building Technology in 1984. She was previously attached to Brisdale (M) Sdn Bhd for 5 years from 1984 to 1989 and Talam Corporation Berhad ("Talam") for 1 year prior to joining Europlus Berhad as a Quantity Surveyor in 1991. She was transferred back to Talam subsequent to the merger exercise in 2003 and is currently the Deputy President of Talam.
She has a total of 23 years of experience in property development since 1984. She is also a director of several other subsidiary companies of Talam.
Directorship of public companies (if any): (1) Bukit Beruntung Golf & Country Resort Berhad
(2) Pandan Lake Club Berhad
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: Direct interest of 30,006 Ordinary Shares of RM1.00 each in Talam Corporation Berhad
Direct interest of 65 5% Irredeemable Convertible Preference Shares of RM0.10 each in Talam Corporation Berhad
Deemed interest of 7,500 Ordinary Shares of RM1.00 each in Talam Corporation Berhad through her spouse, Chin Chee Meng
Deemed interest of 18,750 5% Irredeemable Convertible Preference Shares of RM0.10 each in Talam Corporation Berhad through her spouse, Chin Chee Meng
Remarks: This amendment is to replace our earlier announcement made on 1 October 2007.
The direct interest should be 30,006 instead of 74,006 Ordinary Shares of RM1.00 each and the difference of 44,000 Ordinary Shares of RM1.00 each disclosed earlier belonged to someone else with similar name.
BPPLAS - GENERAL MEETINGS: NOTICE OF MEETING
Announcement Type: General Announcement
Company Name: BP PLASTICS HOLDING BHD
Stock Name: BPPLAS
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
NOTICE OF MEETING
Description: BP PLASTICS HOLDING BHD ("THE COMPANY")
SEVENTH ANNUAL GENERAL MEETING ("7TH AGM")
Attachments: BP Plastic 7th AGM Notice.pdf
Company Name: BP PLASTICS HOLDING BHD
Stock Name: BPPLAS
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
NOTICE OF MEETING
Description: BP PLASTICS HOLDING BHD ("THE COMPANY")
SEVENTH ANNUAL GENERAL MEETING ("7TH AGM")
Attachments: BP Plastic 7th AGM Notice.pdf
UTUSAN - PROVISION OF FINANCIAL ASSISTANCE
Announcement Type: General Announcement
Company Name: UTUSAN MELAYU (MALAYSIA) BERHAD
Stock Name: UTUSAN
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: PROVISION OF FINANCIAL ASSISTANCE
Description: 1. INTRODUCTION
The Board of Directors of Utusan Melayu (Malaysia) Berhad ('UMMB') wishes to announce that on 9 March 2011, UMMB had entered into a financial facility agreement "Commodity Murabahah Term Financing-i" ("Facility Agreement") from Maybank Islamic Berhad ('Lender') amounting to Ringgit Malaysia Seventeen Million Six Hundred and Thirty One Thousand only (RM17,631,000.00) ('Facility').
1.1 Lender
Maybank Islamic Berhad, 37th Floor, Menara Maybank, 100, Jalan Tun Perak, 50050 Kuala Lumpur.
1.2 Purpose
The purpose of undertaking the said Facility is to part finance the purchase of pre-press equipment, additional printing machines as well as to part finance the infrastucture, mechanical & electrical and utilities work costs for UMMB's printing plants in Tebrau, Johor and Gong Badak, Terengganu amounting to RM17,631,000.00.
1.3 Security
i. Master Commodity Murabahah Financing Agreement for the facility amount of RM17,631,000.00.
ii. A Fresh First Legal Charge on UMMB's printing plant held under PTD 53920, HS(D) 178008, Mukim of Tebrau, District of Johor Bahru, State of Johor.
iii. A Fresh First Legal Charge on UMMB's printing plant held under PM 1197, Lot No. 15367, Kawasan Perindustrian Gong Badak, Mukim of Kuala Nerus, District of Kuala Terengganu, State of Terengganu.
iv. A Fresh fixed and floating debenture of existing and future assets at UMMB's printing plants in Tebrau, Johor and Gong Badak, Terengganu.
2. EFFECTS ON FINANCIAL POSITION, EARNINGS PER SHARE AND NET TANGIBLE ASSETS ("NTA")
2.1 Share Capital
The Facility will not have any effect on the share capital of UMMB.
2.2 Earnings Per Share
The Facility is not expected to have any material effect on the NTA of UMMB until such time as the Facility granted is utilised. Any potential effect on the NTA of the Group in the future would be dependent upon the amount utilised under the Faclity as well as the contribution from the utilisation.
3. DIRECTORS'AND SUBSTANTIAL SHAREHOLDINGS' INTEREST
None of the Directors, substantial shareholders and persons connected to the Directors or substantial shareholders of UMMB has any interest, direct or indirect in the Facility.
4. DIRECTORS' RECOMMENDATION
The Board of Directors of UMMB after careful deliberation, is of the opinion that the Facility is in the best interest of the Company and the terms and conditions thereto are fair and reasonable.
5. DOCUMENTS AVAILABLE FOR INSPECTION
A copy of the Facility Agreement is available for inspection at the Corporate Office of UMMB, Level 7, Menara PGRM, No. 8, Jalan Pudu Ulu, Cheras, 56100 Kuala Lumpur during normal hours from Monday to Friday (except public holiday) for a period of two (2) weeks from 22 April 2011.
Company Name: UTUSAN MELAYU (MALAYSIA) BERHAD
Stock Name: UTUSAN
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: PROVISION OF FINANCIAL ASSISTANCE
Description: 1. INTRODUCTION
The Board of Directors of Utusan Melayu (Malaysia) Berhad ('UMMB') wishes to announce that on 9 March 2011, UMMB had entered into a financial facility agreement "Commodity Murabahah Term Financing-i" ("Facility Agreement") from Maybank Islamic Berhad ('Lender') amounting to Ringgit Malaysia Seventeen Million Six Hundred and Thirty One Thousand only (RM17,631,000.00) ('Facility').
1.1 Lender
Maybank Islamic Berhad, 37th Floor, Menara Maybank, 100, Jalan Tun Perak, 50050 Kuala Lumpur.
1.2 Purpose
The purpose of undertaking the said Facility is to part finance the purchase of pre-press equipment, additional printing machines as well as to part finance the infrastucture, mechanical & electrical and utilities work costs for UMMB's printing plants in Tebrau, Johor and Gong Badak, Terengganu amounting to RM17,631,000.00.
1.3 Security
i. Master Commodity Murabahah Financing Agreement for the facility amount of RM17,631,000.00.
ii. A Fresh First Legal Charge on UMMB's printing plant held under PTD 53920, HS(D) 178008, Mukim of Tebrau, District of Johor Bahru, State of Johor.
iii. A Fresh First Legal Charge on UMMB's printing plant held under PM 1197, Lot No. 15367, Kawasan Perindustrian Gong Badak, Mukim of Kuala Nerus, District of Kuala Terengganu, State of Terengganu.
iv. A Fresh fixed and floating debenture of existing and future assets at UMMB's printing plants in Tebrau, Johor and Gong Badak, Terengganu.
2. EFFECTS ON FINANCIAL POSITION, EARNINGS PER SHARE AND NET TANGIBLE ASSETS ("NTA")
2.1 Share Capital
The Facility will not have any effect on the share capital of UMMB.
2.2 Earnings Per Share
The Facility is not expected to have any material effect on the NTA of UMMB until such time as the Facility granted is utilised. Any potential effect on the NTA of the Group in the future would be dependent upon the amount utilised under the Faclity as well as the contribution from the utilisation.
3. DIRECTORS'AND SUBSTANTIAL SHAREHOLDINGS' INTEREST
None of the Directors, substantial shareholders and persons connected to the Directors or substantial shareholders of UMMB has any interest, direct or indirect in the Facility.
4. DIRECTORS' RECOMMENDATION
The Board of Directors of UMMB after careful deliberation, is of the opinion that the Facility is in the best interest of the Company and the terms and conditions thereto are fair and reasonable.
5. DOCUMENTS AVAILABLE FOR INSPECTION
A copy of the Facility Agreement is available for inspection at the Corporate Office of UMMB, Level 7, Menara PGRM, No. 8, Jalan Pudu Ulu, Cheras, 56100 Kuala Lumpur during normal hours from Monday to Friday (except public holiday) for a period of two (2) weeks from 22 April 2011.
BPURI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RECURRENT RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: BINA PURI HOLDINGS BHD
Stock Name: BPURI
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description: PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Company Name: BINA PURI HOLDINGS BHD
Stock Name: BPURI
Date Announced: 22/04/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description: PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
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