TONGHER - Change in Boardroom
| Company Name | TONG HERR RESOURCES BERHAD |
| Stock Name | TONGHER |
| Date Announced | 29 Aug 2012 |
| Category | Change in Boardroom |
| Reference No | CA-120829-7C9D7 |
| Date of change | 29/08/2012 |
| Name | Tsai Ming Ti |
| Age | 52 |
| Nationality | Taiwanese |
| Type of change | Redesignation |
| Previous Position | Managing Director |
| New Position | Deputy Chairman |
| Directorate | Executive |
| Qualifications | Junior High School |
| Working experience and occupation | He has 35 years of working experience in the fasteners industry. Since the establishment of Tong Heer Fasteners Co. Sdn. Bhd. (THF) in 1988, he has been the Managing Director of the Company. Under his leadership with great emphasis placed on team work, quality and service orientated, THF has expanded tremendously to what it is today. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | He is the father of Tsai Yi Ting, the Managing Director of the Company. He is also the spouse of Tsai Liao Chin Yeh, the Major Shareholder of the Company, and the brother of Tsai, Ching-Tung, a Director and/or Major Shareholder of the Company. |
| 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 - 1,361,352 ordinary shares of RM1.00 each in the Company Indirect interest - 79,415,150 ordinary shares of RM1.00 each in the Company by virtue of Section 134(12)(c) of the Companies Act, 1965. |
TONGHER - Change in Boardroom
| Company Name | TONG HERR RESOURCES BERHAD |
| Stock Name | TONGHER |
| Date Announced | 29 Aug 2012 |
| Category | Change in Boardroom |
| Reference No | CA-120829-7C9F2 |
| Date of change | 29/08/2012 |
| Name | Tsai Yi Ting |
| Age | 23 |
| Nationality | Taiwanese |
| Type of change | Appointment |
| Designation | Managing Director |
| Directorate | Executive |
| Qualifications | Year 2004 - 2007 Penang-Dalat International School (High School) Year 2007 - 2010 Graduated from Purdue University of United States with a Bachelor of Science |
| Working experience and occupation | 1) Executive Director of a) Tong Herr Resources Berhad since May 26, 2010; and b) Tong Heer Aluminium Industries Sdn. Bhd. since August, 2010. 2) Head of Procurement Department of Tong Heer Fasteners Co., Sdn. Bhd. since January 2010. |
| Directorship of public companies (if any) | N/A |
| Family relationship with any director and/or major shareholder of the listed issuer | He is the son of Tsai Ming Ti and nephew of Tsai, Ching-Tung, the Directors and/or Major Shareholders of the Company. He is also the son of Tsai Liao Chin Yeh, a Major Shareholder of the Company. |
| Any conflict of interests that he/she has with the listed issuer | N/A |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
MEGB - Change in Audit Committee
| Company Name | MASTERSKILL EDUCATION GROUP BERHAD |
| Stock Name | MEGB |
| Date Announced | 29 Aug 2012 |
| Category | Change in Audit Committee |
| Reference No | CM-120829-56811 |
| Date of change | 29/08/2012 |
| Name | YTM Tunku Dato' Seri Kamel Bin Tunku Rijaludin |
| Age | 58 |
| Nationality | Malaysian |
| Type of change | Cessation of Office |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | |
| Working experience and occupation | |
| Directorship of public companies (if any) | Amtel Holdings 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 | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | (1) Datuk Kamarudin B. Md. Ali (Independent Non-Executive Director) (2) Mr. Wisun Soon (Independent Non-Executive Director) (3) Mr. Mathuraiveran A/L Marimuthu (Independent Non-Executive Director) |
| Remarks : |
| YTM Tunku Dato' Seri Kamel Bin Tunku Rijaludin ("YTM Tunku Dato' Seri Kamel") ceased to be a member to the Audit Committee upon the appointment of Mr. Wisun Soon as a new member to the Audit Committee. YTM Tunku Dato' Seri Kamel shall remain as an Independent Non-Executive Chairman of Masterskill Education Group Berhad. |
MEGB - Change in Audit Committee
| Company Name | MASTERSKILL EDUCATION GROUP BERHAD |
| Stock Name | MEGB |
| Date Announced | 29 Aug 2012 |
| Category | Change in Audit Committee |
| Reference No | CM-120829-E7A73 |
| Date of change | 29/08/2012 |
| Name | Wisun Soon |
| Age | 43 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Business (Finance & Economics), University of Technology Sydney |
| Working experience and occupation | 1994-2000 - Manager, Corporate Finance, AmInvestment Bank Berhad (formerly known as Arab-Malaysian Merchant Bank Berhad) 2000-2004 - Chief Executive Officer, Select-TV Solutions Sdn Bhd 2004-February 2012 - Director, Investment Banking (also the Director/Head of Corporate Finance), KAF Investment Bank Berhad Present - As Adviser or Director in various organisations and businesses and a Trustee in Malaysian Intellect Development Foundation. |
| Directorship of public companies (if any) | Malaysian Intellect Development Foundation |
| 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 |
| Composition of Audit Committee (Name and Directorate of members after change) | (1) Datuk Kamarudin B. Md. Ali (Independent Non-Executive Director) (2) Mr. Wisun Soon (Independent Non-Executive Director) (3) Mr. Mathuraiveran A/L Marimuthu (Independent Non-Executive Director) |
HBGLOB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | HB GLOBAL LIMITED |
| Stock Name | HBGLOB |
| Date Announced | 29 Aug 2012 |
| Category | General Announcement |
| Reference No | CC-120829-66316 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS | ||||||||||||||||||||||||||||||||||||
| Description | HB GLOBAL LIMITED (formerly known as Sozo Global Limited) (“HB” or “the Company”) - Acquisition of Land Use Rights | ||||||||||||||||||||||||||||||||||||
1. INTRODUCTION The Board of Directors of HB Global Limited (formerly known as Sozo Global Limited) (“HB” or “the Company”) wishes to announce that Rizhao Hengbao Foodstuffs Co., Ltd (“Rizhao Hengbao”), a wholly-owned subsidiary of HB had on 28 August 2012 executed and entered into Land Use Rights Agreements (the “Agreements”) with 莒县国土资源局 (Juxian National Land and Resources Bureau), a state owned land department responsible to the ministry of national land in China, set up to oversee the land use and setting up policy relevant to the land resources (the “Vendor”) for the acquisition of the land use rights over four (4) parcels of land (the “Lands”) from the Vendor at a total consideration of RMB98,679,406.59 equivalent to RM48,372,258.13 at the exchange rate of RM1:RMB2.04 (the “Acquisition”). The Agreements have however been dated 2 July 2012, respectively being the dates on which Rizhao Hengbao had notified the Vendor of its interest and intention to purchase the Lands and for such purpose, had paid to the Vendor the sum of RMB116,093,419.52 as a prepayment in and towards account of the purchase price for the Lands (the "Prepayment") . 2. DETAILS OF THE ACQUISITION 2.1 Details of the Lands The details of the Lands are as follows: -
2.2 Purchase consideration and source of funding The total purchase consideration of RMB98,679,406.59�was arrived at based on “a willing-buyer willing-seller basis” with the Vendor and has been funded by internally generated cash. 2.3 Salient terms of the Agreements of Acquisition The salient terms of the Agreements for the Acquisition are as follows: i）Rizhao Hengbao has paid the prepayment of RMB116,093,419.52�in full upon expressing the interest and intention of acquisition. The purchase consideration is however subject to a rebate of 15%. This amount shall be refunded to Rizhao Hengbao by the end of November 2012. ii）The Lands are to be acquired free from encumbrances. 2.4 Assumption of Liabilities There are no liabilities, including contingent liabilities and guarantees, to be assumed by the Company arising from the Acquisition other than as stated in the Agreements. 3. RATIONALE The rationale for the Acquisition is mainly for the purpose of expanding the Company’s commercial duck farming, parent duck farming and Duck Feedstock Processing Plant. This is to ensure duck meat supply security, quality of duck meat, and pricing competitiveness for expanding into the ready-to-serve duck products business. 4. PROSPECTS AND RISK FACTORS The acquisition is subject to normal business risk.� a) Under the Agreement, if the Land acquired is not further developed by our Company, the National Land and Resources Bureau will have the right to repossess the land without any compensation to the Company. If we fail to develop the land, our investment to the Acquisition will not be recovered. b) We acquired the Land for the purpose of duck feed stock processing, duck farming and growing for the use of our food processing factory, and to cater for the shortages of duck supply in the regions. We are new to the duck breeding business and are subject to the risks and uncertainties that are involved in a new area of business. c) The success and growth of our duck breeding business will depend on the ability of our Group to meet the challenges presented by the expanded scope of business which includes the incubation, nurturing and rearing of duck. As such, there is no assurance that we will be successful in executing and implementing our business expansion plans in the duck breeding business and if successfully implemented, they will contribute positively to our Group’s profitability. d) The Land acquired is mainly for the purpose of duck feedstock processing, duck breeding and farming. We are subject to the complaints of the villagers and communities of the area of which we may be asked to stop our duck breeding and farming business as a result of environmental concerns, outbreak of disease etc. e) The duck feedstock processing plant is mainly to cater for our Group’s own consumption with the excess production selling to open market. The successful implementation of the duck feedstock processing plant will depend on the successful construction of the plant. The management will ensure smooth construction of the plant and closely monitor the construction progress. 5. FINANCIAL EFFECTS OF THE PROPOSED LAND ACQUISITIONS 5.1 Share Capital and Substantial Shareholdings The Acquisition shall not have any effect on the share capital and substantial shareholdings of the Company as the purchase consideration will be satisfied entirely by cash. 5.2 Earnings The Acquisition is not expected to have significant change on the contribution to the earnings of the Group for the financial year ending 31 December 2012. 5.3 Net Assets (NA) The Acquisition is expected to have a positive effect on the NA of HB Group. 5.4 Gearing The Acquisition is not expected to have any material effect on the gearing of HB Group. 6. INTEREST OF DIRECTORS, SUBSTANTIAL SHAREHOLDERS AND PERSONS CONNECTED TO THEM None of the Directors and/or substantial shareholders and/or persons connected with such Directors or Substantial shareholders have any interest, direct or indirect in the Acquisition. 7. APPROVAL REQUIRED The Acquisition is not subject to the shareholders’ approval. However, the transfer of the land use rights from the Vendor to HB may be subject to the approval or consent from the relevant authorities, if necessary. 8. STATEMENT BY DIRECTORS The Board of Directors of the Company, after due consideration of all relevant aspects of the Acquisition, is of the opinion that the Acquisition is in the best interests of the Company. 9. ESTIMATED TIME FRAME FOR COMPLETION The Acquisition is expected to be completed by November 2012 upon refund of the partial prepayment from the Land Department. 10. HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to the Acquisition pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad is 21.0% at the point of entering the agreement, arrived at the prepayment of the Land which are the subject matter of the aggregate transaction, compared with the market value of HB. Based on the Percentage Ratio, shareholders’ approval is not required. In accordance to Paragraph 10.04 of Listing Requirements, valuation of lands will not be undertaken. 11. DOCUMENT FOR INSPECTION The Agreements is available for inspection at the Registered Office of the Company in Malaysia at Suite 10.03, Level 10, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur during normal business hours from Mondays to Friday (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is made on 29 August 2012. � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � | |||||||||||||||||||||||||||||||||||||
SENDAI - General Announcement
| Company Name | EVERSENDAI CORPORATION BERHAD |
| Stock Name | SENDAI |
| Date Announced | 29 Aug 2012 |
| Category | General Announcement |
| Reference No | EC-120829-67363 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Incorporation of new wholly owned subsidiary company by Eversendai Corporation Berhad |
The Board of Directors of Eversendai Corporation Berhad (“ECB”) wishes to announce that ECB had on 28 August 2012 incorporated (via subscription) a new wholly owned subsidiary company, Vahana Constructions Sdn. Bhd. (“VCSB”), with a paid up capital of RM2.00 divided into two (2) ordinary shares of RM1.00 each. The authorized share capital of the Company is RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each. ECB intends to subscribe a further 1,999,998 ordinary shares of RM1.00 each in VCSB. The investment in VCSB will be financed by internal resources. VCSB intends to carry on the business of general contractors and property developer. The subscription of shares in VCSB is not expected to have any significant effect on the earning, net asset, gearing and share capital of the ECB for the financial year ending 31 December 2012. None of the directors, major shareholders of the Company and/or person connected with them has any interest, direct and/or indirect, in the above subscription of shares.� This announcement is dated 29 August 2012. | |
DIJACOR - Quarterly rpt on consolidated results for the financial period ended 30/6/2012
| Company Name | DIJAYA CORPORATION BERHAD |
| Stock Name | DIJACOR |
| Date Announced | 29 Aug 2012 |
| Category | Financial Results |
| Reference No | DC-120826-35199 |
| Financial Year End | 31/12/2012 |
| Quarter | 2 |
| Quarterly report for the financial period ended | 30/06/2012 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2012 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 117,081 | 70,663 | 234,915 | 128,338 |
| 2 | Profit/(loss) before tax | 149,853 | 25,389 | 170,842 | 45,368 |
| 3 | Profit/(loss) for the period | 110,011 | 22,592 | 126,359 | 41,135 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 107,194 | 20,757 | 119,530 | 38,891 |
| 5 | Basic earnings/(loss) per share (Subunit) | 23.27 | 4.56 | 25.99 | 8.55 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 2.3300 | 2.0800 | ||
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
DIJACOR - General Announcement
| Company Name | DIJAYA CORPORATION BERHAD |
| Stock Name | DIJACOR |
| Date Announced | 29 Aug 2012 |
| Category | General Announcement |
| Reference No | DC-120829-63783 |
| Type | Announcement |
| Subject | OTHERS |
| Description | DIJAYA CORPORATION BERHAD ("DIJAYA" OR THE "COMPANY") - PRESS RELEASE : DIJAYA REVENUE INCREASED 66% |
We are pleased to attach herewith a press release dated 29 August 2012 entitled, "Dijaya Revenue Increased 66%" for your attention. | |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad\r-Skim Amanah Saham Bumiputera
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 29 Aug 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-120829-053C2 |
Particulars of substantial Securities Holder
| Name | AmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera |
| Address | Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | AmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera, Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 24/08/2012 | 2,440,000 |
| Remarks : |
| Form 29B received on 29 August 2012 |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad\r-Skim Amanah Saham Bumiputera
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 29 Aug 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-120829-00F7E |
Particulars of substantial Securities Holder
| Name | AmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera |
| Address | Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | AmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera, Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 23/08/2012 | 1,350,000 |
| Remarks : |
| Form 29B received on 29 August 2012 |
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