September 26, 2012

Company announcements: HEVEA, KSK, AIRASIA, AEONCR, WASEONG, LUXCHEM, IGBREIT

HEVEA - Changes in Director's Interest (S135) - Yoong Tein Seng @ Yong Kian Seng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHEVEABOARD BERHAD  
Stock Name HEVEA  
Date Announced26 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-120924-51365

Information Compiled By KLSE

Particulars of Director

NameYoong Tein Seng @ Yong Kian Seng
Address16, Jalan Raja Muda Ali
70100 Seremban
Negeri Sembilan Darul Khusus
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)
Acquired
21/09/2012
1,000,000
0.530 

Circumstances by reason of which change has occurredAcquisition of shares in open market by his daughter, Yoong Li Xian (1,000,000 shares)
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)170,000 
Direct (%)0.19 
Indirect/deemed interest (units)40,872,400 
Indirect/deemed interest (%)45.21 
Date of notice26/09/2012

Remarks :
Indirect interest
-----------------

HeveaWood Industries Sdn. Bhd.* : 27,075,000
Firama Holdings Sdn. Bhd.*: 5,202,500
Yoong Hau Chun*: 150,000
Yoong Li Yen*: 1,256,000
Yoong Li Mian*: 1,026,500
Yoong Li Bing*: 1,000,000
Yoong Li Xian*: 1,000,000
Gemas Ria Sdn. Bhd.**: 962,400
Firama Engineering Berhad*: 3,200,000
--------------------
40,872,400
=========

* Deemed interested by virtue of Section 6A of the Companies Act, 1965 (shareholdings held through Tenson Holdings Sdn. Bhd., a substantial shareholder of HeveaWood Industries Sdn. Bhd.) and by virtue of his family relationship with Yoong Hau Chun, his son and Yoong Li Yen, Yoong Li Mian, Yoong Li Bing and Yoong Li Xian, his daughters.
** Deemed interested by virtue of HeveaWood Industries Sdn. Bhd. being entitled to control the exercise of 100 per cent of the votes attached to the voting shares in Gemas Ria Sdn. Bhd.


KSK - PRACTICE NOTE 17 / GUIDANCE NOTE 3:FIRST ANNOUNCEMENT

Announcement Type: General Announcement
Company NameKSK GROUP BERHAD  
Stock Name KSK  
Date Announced26 Sept 2012  
CategoryGeneral Announcement
Reference NoKG-120926-47250

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
DescriptionKSK GROUP BERHAD (FORMERLY KNOWN AS KURNIA ASIA BERHAD) (“KSK” OR “COMPANY”)

ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 (“PN17”) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“LISTING REQUIREMENTS”)

Contents :-

1. INTRODUCTION

We refer to the announcement dated 26 September 2012 in relation to the completion of the disposal by KSK of its 100% equity interest in Kurnia Insurans (Malaysia) Berhad to AmG Insurance Berhad.

In view of the above, KSK is considered an affected listed issuer pursuant to PN17 of the Listing Requirements (“PN17 Company”) whereby a listed issuer has suspended or ceased its major business or operations as a result of the disposal of the listed issuer’s major business.


2. OBLIGATIONS UNDER THE LISTING REQUIREMENTS

As a PN17 Company, KSK is required to comply with the following:

(i) within 12 months from the date of this announcement (“First Announcement”):

submit a regularisation plan to the Securities Commission (“SC”) if the plan will result in a significant change in the business direction or policy of the Company;

or

submit a regularisation plan to Bursa Malaysia Securities Berhad (“Bursa Securities”) if the plan will not result in a significant change in the business direction or policy of the Company, and to obtain Bursa Securities’ approval to implement the plan;

(ii) implement the plan within the timeframe stipulated by the SC or Bursa Securities, as the case may be;

(iii) announce within 3 months from the First Announcement, on whether the regularisation plan will result in a significant change in the business direction or policy of KSK;

(iv) announce the status of its regularisation plan and the number of months to the end of the relevant timeframes on a monthly basis until further notice from Bursa Securities;

(v) announce its compliance or non-compliance with a particular obligation imposed pursuant to PN17 of the Listing Requirements on an immediate basis;

(vi) announce the details of the regularisation plan which announcement must fulfill the requirements as set out in Paragraph 4.2 of PN17 of the Listing Requirements; and

(vii) where KSK fails to regularise its condition, it will announce the dates of suspension and de-listing of its listed securities immediately upon notification of suspension and de-listing by Bursa Securities.


3. CONSEQUENCES OF NON-COMPLIANCE

If KSK fails to comply with the obligations to regularise its condition, Bursa Securities shall:

(i) suspend the trading of KSK’s listed securities on the next market day after 5 market days from the date of notification of suspension by Bursa Securities; and

(ii) de-list KSK subject to its right to appeal against the de-listing which must be submitted to Bursa Securities within 5 market days from the date of notification of de-listing by Bursa Securities.


4. STATUS OF REGULARISATION PLAN UNDER PN17 OF THE LISTING REQUIREMENTS

The Board is currently taking the necessary actions to formulate a plan to regularise the financial condition of the Company. Any progress in this regard shall be announced to Bursa Securities in due course.


This announcement is dated 26 September 2012.



KSK - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameKSK GROUP BERHAD  
Stock Name KSK  
Date Announced26 Sept 2012  
CategoryGeneral Announcement
Reference NoMM-120926-61663

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionKSK GROUP BERHAD (FORMERLY KNOWN AS KURNIA ASIA BERHAD) (“KSK” OR THE “COMPANY”)

I. PROPOSED DISPOSAL BY THE COMPANY OF ITS 100% EQUITY INTEREST IN KURNIA INSURANS (MALAYSIA) BERHAD (“KIMB”) TO AmG INSURANCE BERHAD (“AmG”) FOR A TOTAL CASH CONSIDERATION OF RM1,550 MILLION SUBJECT TO ADJUSTMENT (“PROPOSED KIMB DISPOSAL”); AND

II. PROPOSED DISPOSAL OF FREEHOLD PROPERTIES IN SECTION 41, TOWNSHIP AND DISTRICT OF KUALA LUMPUR AND STATE OF WILAYAH PERSEKUTUAN, KUALA LUMPUR (“SAID PROPERTIES”) BY KIMB TO TAN SRI DATO’ PADUKA KUA SIAN KOOI TO BE SATISFIED IN CASH AT THE HIGHER OF THE MARKET VALUE AND THE NET BOOK VALUE OF THE SAID PROPERTIES (“PROPOSED PROPERTIES DISPOSAL”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcement dated 20 September 2012 in relation to the above matter.�

On behalf of KSK, CIMB Investment Bank Berhad wishes to announce the following:

(i)������� that following the determination of the final completion accounts by the Company and AmG in accordance to the conditional sale and purchase agreement dated 12 April 2012, the final total purchase price of the Proposed KIMB Disposal is RM1,627,206,071.00. The balance purchase price has been paid to KSK and the Proposed KIMB Disposal was completed today; and

(ii)������� that the Proposed Properties Disposal was completed today.

This announcement is dated 26 September 2012.



AIRASIA - 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 NameAIRASIA BERHAD  
Stock Name AIRASIA  
Date Announced26 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-120926-5A57F

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 RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
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)
Acquired21/09/2012
100,000
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect and Indirect
Direct (units)249,743,700 
Direct (%)8.98 
Indirect/deemed interest (units)26,551,500 
Indirect/deemed interest (%)0.96 
Total no of securities after change276,295,200
Date of notice24/09/2012

Remarks :
Direct Interest:-
1. Employees Provident Fund Board - 249,743,700
Indirect Interest:-
1. Employees Provident Fund Board (KIB) - 4,884,300
2. Employees Provident Fund Board (AM INV) - 4,000,000
3. Employees Provident Fund Board (ALLIANCE) - 830,000
4. Employees Provident Fund Board (NOMURA) - 9,487,800
5. Employees Provident Fund Board (CIMB PRIN) - 5,799,400
6. Employees Provident Fund Board (ARIM) - 1,550,000

This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of EMPLOYEES PROVIDENT FUND BOARD dated 24/09/2012 received by the registered office of AirAsia Berhad on 26/09/2012.


AEONCR - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced26 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-120926-4048D

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc. ("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace, Aberdeen,
AB 10 1YG, Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/09/2012
38,200
 

Circumstances by reason of which change has occurredSale by Aberdeen
Nature of interestDeemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)11,071,400 
Indirect/deemed interest (%)7.6885 
Total no of securities after change11,071,400
Date of notice26/09/2012

Remarks :
MUFG is deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen.


WASEONG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced26 Sept 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-120926-1B0DD

Date of buy back26/09/2012
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)1.740
Maximum price paid for each share purchased ($$)1.750
Total consideration paid ($$)17,557.81
Number of shares purchased retained in treasury (units)10,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)3,076,249
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.397


LUXCHEM - Changes in Director's Interest (S135) - Tang Ying See

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameLUXCHEM CORPORATION BERHAD  
Stock Name LUXCHEM  
Date Announced26 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-120926-56444

Information Compiled By KLSE

Particulars of Director

NameTang Ying See
Address16, Jalan SS 21/48A
Damansara Utama
47400 Petaling Jaya
Selangor Darul Ehsan
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
24/09/2012
1,000,800
1.080 
Acquired
26/09/2012
1,000,000
1.080 

Circumstances by reason of which change has occurredAcquisition of shares through his son, Tang Chii Shyan.

Disclosure is made pursuant to Section 134(12)(c) of the Companies (Amendment) Act, 2007 on the interests held by his son, Tang Chii Shyan
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)300,000 
Direct (%)0.23 
Indirect/deemed interest (units)71,080,000 
Indirect/deemed interest (%)54.67 
Date of notice26/09/2012


LUXCHEM - Changes in Director's Interest (S135) - Chin Song Mooi

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameLUXCHEM CORPORATION BERHAD  
Stock Name LUXCHEM  
Date Announced26 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-120926-AACD5

Information Compiled By KLSE

Particulars of Director

NameChin Song Mooi
Address16, Jalan SS 21/48A
Damansara Utama
47400 Petaling Jaya
Selangor Darul Ehsan
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
24/09/2012
1,000,800
1.080 
Acquired
26/09/2012
1,000,000
1.080 

Circumstances by reason of which change has occurredAcquisition of shares through her son, Tang Chii Shyan.

Disclosure is made pursuant to Section 134(12)(c) of the Companies (Amendment) Act, 2007 on the interests held by his son, Tang Chii Shyan
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)300,000 
Direct (%)0.23 
Indirect/deemed interest (units)71,080,000 
Indirect/deemed interest (%)54.67 
Date of notice26/09/2012


IGBREIT - Changes in Director's Interest (S135) - Robert Tan Chung Meng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameIGB REAL ESTATE INVESTMENT TRUST  
Stock Name IGBREIT  
Date Announced26 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoIR-120925-58385

Information Compiled By KLSE

Particulars of Director

NameRobert Tan Chung Meng
Address1 Jalan Biggs
10350 Penang
Descriptions(Class & nominal value)Units in IGB Real Estate Investment Trust("IGB REIT")

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
21/09/2012
46,025,241
 
Acquired
24/09/2012
1,019,161
 

Circumstances by reason of which change has occurredInitial Public Offering of 670,000,000 new units in IGB REIT (IPO) and acquisation of 1,019,161 units by Wah Seong (Malaya) Trading Co Sdn Bhd, a corporation in which Robert Tan Chung Meng has deemed interest pursuant to Section 6A of the Companies Act 1965
Nature of interestDirect and Deemed
Consideration (if any) 

Total no of securities after change

Direct (units)3,816,376 
Direct (%)0.11 
Indirect/deemed interest (units)43,228,026 
Indirect/deemed interest (%)1.27 
Date of notice24/09/2012


IGBREIT - Changes in Director's Interest (S135) - Tan Boon Lee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameIGB REAL ESTATE INVESTMENT TRUST  
Stock Name IGBREIT  
Date Announced26 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoIR-120926-273DB

Information Compiled By KLSE

Particulars of Director

NameTan Boon Lee
AddressNo. 5 Lorong Kota 3
Bukit Ledang
Taman Duta
50480 Kuala Lumpur
Descriptions(Class & nominal value)Units in IGB Real Estate Investment Trust("IGB REIT")

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
21/09/2012
1,962,105
 

Circumstances by reason of which change has occurredInitial Public Offering of 670,000,000 new units in IGB REIT (IPO)
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,962,105 
Direct (%)0.06 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice21/09/2012


No comments:

Post a Comment