HARVEST - HARVEST COURT INDUSTRIES BERHAD ("HCIB" or "the Company") - Put Option Agreement
Announcement Type: General Announcement
Company Name: HARVEST COURT INDUSTRIES BHD
Stock Name: HARVEST
Date Announced: 21/10/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-111020-37050
Subject: HARVEST COURT INDUSTRIES BERHAD ("HCIB" or "the Company")
- Put Option Agreement
Description: Reference is made to the Company's announcements dated 17 October 2011, 18 October 2011 and 19 October 2011 respectively.
The Board of Directors of HCIB wish to announce that :-
1. There was no offer price for the warrants. The offer price of RM0.20 per share to Affin Bank Berhad ("Affin") is also inclusive of the warrants.
2. There was no indicative salient terms and timeframe specify in the offer made by Mr Ng Swee Kiat to Affin.
3. It was a commercial decision by Mr Ng Swee Kiat to make an offer to Affin for the purpose of taking up the entire 31,410,664 shares together with 7,852,666 warrants held by Affin in HCIB. The initial indicative offer price to Affin was RM0.15 per share and subsequently the proposal submitted to Affin is RM0.20 per share, which is more favourable. In order not to trigger the requirement of take-over offer pursuant to the Malaysian Code on Take-Overs and Mergers 2010, the parties related to Mr Ng Swee Kiat had reduced their stake in the Company.
This announcement is dated 21 October 2011.
Query Letter content: We refer to the Company's announcement dated 19 October 2011, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The offer price per warrants.
The indicative salient terms of the Put Option Agreement, including the
timeframe in which the option must be exercised.
The rationale for Mr Ng Swee Kiat ("Mr. Ng") to enter into the Put Option
Agreement to increase his shareholdings in Harvest whilst the parties related
to Mr. Ng, namely Madam Yang Peing Nan, Port Klang Jetty Sdn Bhd and Ng Chuan
Seng @ Ng Teck Huat had disposed off some shares via off market transaction on
18 October 2011.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
Company Name: HARVEST COURT INDUSTRIES BHD
Stock Name: HARVEST
Date Announced: 21/10/2011
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: TE-111020-37050
Subject: HARVEST COURT INDUSTRIES BERHAD ("HCIB" or "the Company")
- Put Option Agreement
Description: Reference is made to the Company's announcements dated 17 October 2011, 18 October 2011 and 19 October 2011 respectively.
The Board of Directors of HCIB wish to announce that :-
1. There was no offer price for the warrants. The offer price of RM0.20 per share to Affin Bank Berhad ("Affin") is also inclusive of the warrants.
2. There was no indicative salient terms and timeframe specify in the offer made by Mr Ng Swee Kiat to Affin.
3. It was a commercial decision by Mr Ng Swee Kiat to make an offer to Affin for the purpose of taking up the entire 31,410,664 shares together with 7,852,666 warrants held by Affin in HCIB. The initial indicative offer price to Affin was RM0.15 per share and subsequently the proposal submitted to Affin is RM0.20 per share, which is more favourable. In order not to trigger the requirement of take-over offer pursuant to the Malaysian Code on Take-Overs and Mergers 2010, the parties related to Mr Ng Swee Kiat had reduced their stake in the Company.
This announcement is dated 21 October 2011.
Query Letter content: We refer to the Company's announcement dated 19 October 2011, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The offer price per warrants.
The indicative salient terms of the Put Option Agreement, including the
timeframe in which the option must be exercised.
The rationale for Mr Ng Swee Kiat ("Mr. Ng") to enter into the Put Option
Agreement to increase his shareholdings in Harvest whilst the parties related
to Mr. Ng, namely Madam Yang Peing Nan, Port Klang Jetty Sdn Bhd and Ng Chuan
Seng @ Ng Teck Huat had disposed off some shares via off market transaction on
18 October 2011.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
IJ/TEK
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
QSR - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: QSR BRANDS BHD
Stock Name: QSR
Date Announced: 21/10/2011
Announcement Detail:
Date of buy back: 21/10/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 4,100
Minimum price paid for each share purchased ($$): 5.660
Maximum price paid for each share purchased ($$): 5.750
Total consideration paid ($$): 23,656.76
Number of shares purchased retained in treasury (units): 4,100
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 14,554,400
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.19
Company Name: QSR BRANDS BHD
Stock Name: QSR
Date Announced: 21/10/2011
Announcement Detail:
Date of buy back: 21/10/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 4,100
Minimum price paid for each share purchased ($$): 5.660
Maximum price paid for each share purchased ($$): 5.750
Total consideration paid ($$): 23,656.76
Number of shares purchased retained in treasury (units): 4,100
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 14,554,400
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 5.19
SAAG - OTHERS
Announcement Type: General Announcement
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 21/10/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SAAG Consolidated (M) Bhd ("SAAG" or "the Company")
- Subscription of Non-Cumulative Compulsorily Convertible Preference Shares ("NCCPS") in SAAG RR Infra Limited by SAAG (Mauritius) Ltd and Conversion of the NCCPS into Ordinary Shares
Submitting Merchant Bank: N/A
Company Name: SAAG CONSOLIDATED (M) BHD
Stock Name: SAAG
Date Announced: 21/10/2011
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: SAAG Consolidated (M) Bhd ("SAAG" or "the Company")
- Subscription of Non-Cumulative Compulsorily Convertible Preference Shares ("NCCPS") in SAAG RR Infra Limited by SAAG (Mauritius) Ltd and Conversion of the NCCPS into Ordinary Shares
PLS - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Announcement Type: General Announcement
Company Name: PLS PLANTATIONS BERHAD
Stock Name: PLS
Date Announced: 21/10/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: Crop and Log Productions for September 2011
Company Name: PLS PLANTATIONS BERHAD
Stock Name: PLS
Date Announced: 21/10/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: Crop and Log Productions for September 2011
SEG - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS DURING CLOSED PERIOD
Announcement Type: General Announcement
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 21/10/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description: Dealing by a Director.
Pursuant to Paragraph 14.08(d) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements, we set out below details of the dealing in the Company's securities by a Director.
Company Name: SEG INTERNATIONAL BHD
Stock Name: SEG
Date Announced: 21/10/2011
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description: Dealing by a Director.
Pursuant to Paragraph 14.08(d) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements, we set out below details of the dealing in the Company's securities by a Director.
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