September 12, 2012

Company announcements: DAIBOCI, LBICAP, MAHSING, SPSETIA, ENG, PMETAL

DAIBOCI - Changes in Director's Interest (S135) - LOW GEOFF JIN WEI

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameDAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.  
Stock Name DAIBOCI  
Date Announced12 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoDP-120911-5BDC8

Information Compiled By KLSE

Particulars of Director

NameLOW GEOFF JIN WEI
AddressA-13-03 Kiaramas Ayuria
9 Jalan Kiara 7, Bukit Kiara
50480 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
07/09/2012
1,556,140
0.000 

Description of other type of transactionAllocation of Bonus Shares
Circumstances by reason of which change has occurredBonus Issue
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)4,668,420 
Direct (%)4.1 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice12/09/2012


DAIBOCI - Changes in Director's Interest (S135) - LOW CHAN TIAN

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameDAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.  
Stock Name DAIBOCI  
Date Announced12 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoDP-120911-57A25

Information Compiled By KLSE

Particulars of Director

NameLOW CHAN TIAN
Address356, Jalan Yong Pak Khian, Ujong Pasir, 75050, Melaka
Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
07/09/2012
2,480,860
0.000 
Others
07/09/2012
885,280
0.000 

Description of other type of transactionAllocation of Bonus Shares
Circumstances by reason of which change has occurredBonus Issue
Nature of interestDirect/Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)7,442,580 
Direct (%)6.54 
Indirect/deemed interest (units)2,655,840 
Indirect/deemed interest (%)2.33 
Date of notice12/09/2012

Remarks :
1) Allocation to own account - 2,480,860
2) Allocation to spouse - 885,280


DAIBOCI - Changes in Director's Interest (S135) - CAROLINE ANG CHOO BEE

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameDAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.  
Stock Name DAIBOCI  
Date Announced12 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoDP-120911-52E92

Information Compiled By KLSE

Particulars of Director

NameCAROLINE ANG CHOO BEE
Address113, Jalan Hujan Emas 5,
Taman Bukit Indah,
58200 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
07/09/2012
2,000
0.000 
Others
07/09/2012
6,000
0.000 

Description of other type of transactionAllocation of Bonus Shares
Circumstances by reason of which change has occurredBonus Issue
Nature of interestDirect/Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)6,000 
Direct (%)0.005 
Indirect/deemed interest (units)18,000 
Indirect/deemed interest (%)0.016 
Date of notice12/09/2012

Remarks :
1) Allocation to own account - 2,000
2) Allocation to spouse - 6,000


LBICAP - General Announcement

Announcement Type: General Announcement
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced12 Sept 2012  
CategoryGeneral Announcement
Reference NoCN-120912-55895

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED ACQUISITION OF LAND FROM LIEW LEONG LOK AND 2 OTHER INDIVIDUALS (“VENDOR”) FOR A CASH CONSIDERATION OF RM6,699,800 (“PROPOSED ACQUISITION”)

1.������ INTRODUCTION

The Board of Directors of LBI, is pleased to announce that Goldmount Resources Sdn Bhd (Company No.: 624586-A)(“GMR or the Purchaser”), a wholly-owned subsidiary of LBI, had on 12 Sept. 2012 entered into four (4) Sale and Purchase agreements (“SPA”) with Liew Leong Lok, Liew Leong Chin, and Liew Leong Ting, all of P.O Box 11445, 88816 Kota Kinabalu, Sabah (“the Vendors”) for the acquisition ofall four (4) parcels of land measuring approximately 3.6 acres in total forming part of the land held under CL015486647, CL015486656, CL015486674 and CL015179496 , all in the District of Kota Kinabalu, State of Sabah (“the said land”), for a total cash consideration of RM6,699,800.00.

Further details of the Proposed Acquisition are set out in the ensuing paragraphs.

2.������PROPOSED ACQUISITION

2.1�����Details of the Proposed Acquisition

Pursuant to the SPA, the total cash consideration of RM6,699,800.00 to be satisfied in cash by GMR in the following manner:-

(a) A sum of RM669,980.00 paid by GMR to the Vendorsupon execution of the SPA;

and

(b) the balance of RM6,029,820.00 shall be paid by GMR to the Vendors within the period of 3 months from the date of the SPA failing which the Vendors shall grant to the Purchaser an extension of 1 month to complete the transaction provided always that�the Purchaser shall pay interest at the interest rate of 8% per annum on all sum remaining outstanding.

2.2���� Basis of purchase consideration

The purchase consideration was based on a “willing-buyer willing-seller” basis.

2.3���� Mode of satisfaction of the purchase consideration

The purchase consideration will be satisfied by way of cash from internally generated funds.

3.������� �INFORMATION ON THE LAND

The said land�is leasehold�comprising four (4) individual titles held under CL015486647, CL015486656, CL015486674 and CL015179496 , all in the District of Kota Kinabalu, State of Sabah, measuring approximately 3.6 acres. The leasehold land�is a residential zoning and expiring in year 2909 (999 years lease).

The said land is located in Signal Hill which is on fringe of Kota Kinabalu city centre.

4.�������� INFORMATION OF VENDOR

The vendors are Liew Leong Lok (NRIC: 620201-12-6425), Liew Leong Chin (NRIC: 600521-12-5327) and Liew Leong Ting (NRIC: 660110-12-5167), all of P.O Box 11445, 88816 Kota Kinabalu, Sabah

5.�������� COST OF INVESTMENT

The original cost of investment(s) is not available at this point of time.

6.�������� RATIONALE

The�proposed acquisition is to enhance LBI’s property development activities. GMR plans to develop the said land into high end condominium.

The acquisition will increase the development land of the Group and is expected to contribute higher earning in the near future.

7.�������� RISKS

7.1������ Business Risk

The inherent risk of the property development sector include shortages of building material, building material cost increases, labour costs, shortages of labour including foreign workers, slow collection and availability of bank borrowings.

Although LBI Group seeks to limit these risks, no assurance can be given that any change in these factors will not have a material adverse impact on the LBI Group.

7.2������ Competition

Despite the government’s stimulus packages to stimulate consumer demand as well as the current low mortgage rates environment, the property market normally would subject to fluctuation in buyer sentiment and supply condition in a particular area where the property is located.

7.3�����Delay In Completion Of Projects

Development projects are subject to various regulatory approvals and the completion of development projects on time is dependent on many external factors, such as uninterrupted adequate labour supply by the contractors, weather conditions, obtaining the regulatory approvals as scheduled, securing construction materials in adequate amounts, favourable credit terms and satisfactory performance of building contractors which may be appointed to complete the development project.

There can be no assurance that these factors will not lead to unforeseen significant delays in completion of the project. These delays may have a direct impact on LBI Group’s future profitability.

8.�������� EFFECTS OF THE PROPOSED ACQUISITION

8.1������ Share Capital

There will be no effect to the share capital of LBI as the Proposed Acquisition is entirely satisfied by cash and does not involve any new issuance of new ordinary shares in LBI.

8.2������ Earnings

The development prospects of the Property pursuant to the Proposed Acquisition are expected to contribute positively to the earnings of LBI Group in the future.�� However, at this juncture, LBI is not able to determine the extent of the earnings contribution resulting from the Proposed Acquisition.

8.3������ Substantial Shareholders

There will not be any effect to the substantial shareholders of the Company as the Proposed Acquisition does not involve any new issuance of LBI Shares.

8.4������ Net Tangible Asset (“NTA”)

There will be no effect to the NTA position of the Company as the Proposed Acquisition will be satisfied entirely via cash.

9.������� COMPLETION DATE

� The Proposed Acquisition is expected to be completed within 3 months from the date of the SPA.

10.������ APPROVALS

� The Proposed Acquisition is not subject to shareholder approval.

11.������ DEPARTURE FROM THE SC GUIDELINES

���To the best knowledge of the Board, the Proposed Acquisition does not have any departure from the SC Guidelines.

12.������ DIRECTORS AND MAJOR SHAREHOLDERS INTERESTS

None of the directors, major shareholders and/or any person connected with them have any interest, direct or indirect, in the Proposed Acquisition.

13.������ DIRECTORS RECOMMENDATION

The Board of LBI is of the opinion that the Proposed Acquisition is in the best interest of the LBI Group.

14.������ DOCUMENTS FOR INSPECTION

The SPA may be inspected at the registered office of LBI at Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.

��



MAHSING - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced12 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMS-120912-19DD7

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holder1. Employees Provident Fund Board ("EPF")
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur

2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AMUNDI)

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (PHIEM)

Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/09/2012
288,400
 
Disposed07/09/2012
200,000
 

Circumstances by reason of which change has occurredAcquisition and disposal of shares by EPF's fund manager
Nature of interestDirect
Direct (units)77,928,020 
Direct (%)9.295 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change77,928,020
Date of notice10/09/2012

Remarks :
Form 29B received on 12 September 2012.


SPSETIA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced12 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-120912-1680B

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares - RM0.75
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed07/09/2012
61,100
 

Circumstances by reason of which change has occurredDisposal of equity in open market
Nature of interestDirect
Direct (units)103,631,530 
Direct (%)5.19 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change103,631,530
Date of notice10/09/2012

Remarks :
Form 29B received on 12/09/2012


SPSETIA - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced12 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-120912-1681E

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200 Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary - RM0.75 per share
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200 Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed07/09/2012
55,500
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP's Fund Manager
Nature of interestDirect and Indirect
Direct (units)99,719,050 
Direct (%)4.98 
Indirect/deemed interest (units)423,200 
Indirect/deemed interest (%)0.02 
Total no of securities after change100,142,250
Date of notice11/09/2012


ENG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameENG TEKNOLOGI HOLDINGS BHD  
Stock Name ENG  
Date Announced12 Sept 2012  
CategoryGeneral Announcement
Reference NoOD-120912-63275

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionENG TEKNOLOGI HOLDINGS BHD (“ETHB” or the “Company”)

- Proposed disposal of the entire business and undertakings (including all the assets and liabilities) of ETHB (“Proposed Disposal”)

- Proposed distribution of the cash proceeds arising from the Proposed Disposal to all the entitled shareholders of ETHB (“Proposed Distribution”)

(collectively referred to as the “Proposals”)

We refer to the announcements dated 22 August 2011, 19 March 2012, 28 March 2012, 12 June 2012, 2 August 2012, 9 August 2012 and 28 August 2012. All abbreviations used herein shall have the same meaning as those used in the announcement dated 22 August 2011 unless the context otherwise requires.

On behalf of the Board of Directors of ETHB, HwangDBS is pleased to announce the completion of the Proposed Distribution following the despatch of the cash payment pursuant to the Proposed Distribution to the entitled shareholders (save for the Identified Shareholders) today.

Accordingly the Proposals have also been completed today.

This announcement is dated 12 September 2012.



PMETAL - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced12 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120912-07FFC

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified on the change of his interest in the securities of the Company as set out in the table below:
Name of DirectorDate of AcquisitionNature of InterestNumber of ordinary shares
of RM0.50 each acquired
Percentage of issued shares acquired (%)
Koon Poh Tat11.09.2012Indirect50,0000.01


PMETAL - Changes in Director's Interest (S135) - Koon Poh Tat

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced12 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-120912-07F2C

Information Compiled By KLSE

Particulars of Director

NameKoon Poh Tat
AddressNo. 20, Jalan 29, Taman Overseas Union, Off Jalan Kelang Lama, 58200 Kuala Lumpur, Malaysia.
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
11/09/2012
50,000
 

Circumstances by reason of which change has occurredAcquisition of shares by his son, Koon Pak Soon
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)14,128,000 
Direct (%)3.05 
Indirect/deemed interest (units)499,522 
Indirect/deemed interest (%)0.11 
Date of notice12/09/2012

Remarks :
The direct interest in 14,128,000 ordinary shares of RM0.50 each are held as follows:

i) 3,766,000 ordinary shares of RM0.50 each in the name of Koon Poh Tat.
ii) 4,490,200 ordinary shares of RM0.50 each in the name of OSK Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Tat.
iii) 5,801,800 ordinary shares of RM0.50 each in the name of Alliancegroup Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Tat.
iv) 70,000 ordinary shares of RM0.50 each in the name of Public Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Tat.

The indirect interest in 499,522 ordinary shares of RM0.50 each are held as follows:
i) 399,522 ordinary shares of RM0.50 each by virtue of his spouse, Chan Hean Heoh's holdings.
ii) 100,000 ordinary shares of RM0.50 each by virtue of his son, Koon Pak Soon's holdings.


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