September 25, 2012

Company announcements: IGB, IJMPLNT, MWE, ORIENT

IGB - Changes in Director's Interest (S135) - Chua Seng Yong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced25 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoIC-120925-4B4CA

Information Compiled By KLSE

Particulars of Director

NameChua Seng Yong
AddressNo. 20, Laman Setiakasih 8, Bukit Damansara, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of RM0.50

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
25/09/2012
60,000
2.300 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)540,006 
Direct (%)0.038 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice25/09/2012


IGB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced25 Sept 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoIC-120925-4B4E9

Date of buy back25/09/2012
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)1,500,000
Minimum price paid for each share purchased ($$)2.290
Maximum price paid for each share purchased ($$)2.330
Total consideration paid ($$)3,476,595.00
Number of shares purchased retained in treasury (units)1,500,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)60,445,067
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 (%)4.06


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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced25 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-120925-4B4F4

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board (EPF)
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd (Citigroup) - EPF
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Citigroup - EPF (AM INV)
- Address as above

Citigroup - EPF (NOMURA)
- Address as above

Citigroup - EPF (CIMB PRI)
- Address as above

Citigroup - EPF (TEMPLETON)
- Address as above

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/09/2012
321,500
 

Circumstances by reason of which change has occurredDisposal of shares by EPF's registered holder
Nature of interestDirect
Direct (units)100,376,222 
Direct (%)
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change100,376,222
Date of notice21/09/2012

Remarks :
EPF's notice was received on 25/09/2012


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

Announcement Type: General Announcement
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced25 Sept 2012  
CategoryGeneral Announcement
Reference NoIC-120925-8D41B

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Chua Seng Yong, a Director of IGB Corporation Berhad ('IGB'), had notified on the change of his direct interest in IGB shares, the details are set out in Table Section.

Type of Securities

Date of Transaction

Opening Balance (No. of Securities)

Acquired

Average Priceper Ordinary Share (RM)

Closing Balance

No. of Securities

%

��No. of

Securities

%

Ordinary Shares��

25�September 2012

��480,006

60,000

�0.004

2.30

540,006

0.038



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

Announcement Type: General Announcement
Company NameIJM PLANTATIONS BERHAD  
Stock Name IJMPLNT  
Date Announced25 Sept 2012  
CategoryGeneral Announcement
Reference NoIP-120925-62468

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionThe following Director has given notice of his dealings in the securities of the Company:-

Name of Director/Description of Securities

Date Transacted

Opening Balance

Acquired/Exercised

Disposed/Exercised

% of Securities

Price per Securities

Closing Balance

% of Securities

M.Ramachandran A/L V. D. Nair�

Ordinary Shares (Direct)

24/09/2012

50,000

-

30,000

0.004%

RM3.37

20,000

0.002%



IJMPLNT - Changes in Director's Interest (S135) - M.Ramachandran A/L V. D. Nair

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameIJM PLANTATIONS BERHAD  
Stock Name IJMPLNT  
Date Announced25 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoIP-120925-63510

Information Compiled By KLSE

Particulars of Director

NameM.Ramachandran A/L V. D. Nair
AddressNo. 8, Jalan 5/41, 46000 Petaling Jaya, Selangor
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)
Disposed
24/09/2012
30,000
3.370 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Consideration (if any)RM101,100 

Total no of securities after change

Direct (units)20,000 
Direct (%)0.002 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice25/09/2012

Remarks :
Re: Letter dated 25 September 2012.


MWE - General Announcement

Announcement Type: General Announcement
Company NameMWE HOLDINGS BERHAD  
Stock Name MWE  
Date Announced25 Sept 2012  
CategoryGeneral Announcement
Reference NoOS-120925-54285

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDGG-120921-51625
SubjectMWE HOLDINGS BERHAD (“MWE” OR THE “COMPANY”)

PROPOSED DISPOSAL BY DAVEX HOLDINGS BERHAD (“DHB”), A WHOLLY-OWNED SUBSIDIARY OF MWE OF ITS ENTIRE 93.06% EQUITY INTEREST IN DAVEX MALAYSIA SDN BHD (“DMSB”) TO GLC (ASIA) HOLDINGS LIMITED (“GAH” OR THE “PURCHASER”) FOR A MAXIMUM CASH CONSIDERATION OF RM170,297,327 (“PROPOSED DISPOSAL”)
DescriptionOn behalf of the Board of Directors of MWE, Inter-Pacific Securities Sdn Bhd would like to provide additional information in respond to the query letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 24 September 2012 (Ref:GG-120921-51625) in respect of the announcement made on 20 September 2012 pertaining to the Proposed Disposal.

Please refer to the attachment for additional information.

This announcement is dated 25 September 2012
Query Letter Contents We refer to the Company's announcement dated 20 September 2012, 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:-

1. To state the names, shareholdings and percentage of the shareholdings of the
"Selling Shareholders".

2. To state the basis to arrive at the target combined working capital amount
of RM55 million.

3. To state the basis and the rationale of assuming the liabilities of the
Purchaser of up to a maximum amount not exceeding twenty percent of the
Consideration for a period of up to 18 months after the Closing. Further, to
specify the timeframe as stated "under the applicable statute of limitations".

4. To state the basis to arrive at the purchase consideration other than based
on an offer made by GAH and a negotiation process thereafter between MWE, the
Selling Shareholders and GAH.

5. To provide the breakdown and timeframe for the utilisation of the cash
proceeds from the Proposed Disposal. Further, to provide clarification with
regard to this statement "further reinforcement of other divisions for further
growth of MWE and its subsidiaries".

6. To provide further justification on the rationale of the Proposed Disposal
given that DMSB is profitable.

7. Quantification of the revenue, profit after taxation contribution and % of
DMSB to MWE Group based on the latest audited financial statements and whether
DMSB is a major subsidiary of MWE as per the definition of the Main Market
Listing Requirements.


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
HTH/TGG
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
We refer to the Company's announcement dated 20 September 2012, in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1. To state the names, shareholdings and percentage of the shareholdings of the "Selling Shareholders".

2. To state the basis to arrive at the target combined working capital amount of RM55 million.

3. To state the basis and the rationale of assuming the liabilities of the Purchaser of up to a maximum amount not exceeding twenty percent of the Consideration for a period of up to 18 months after the Closing. Further, to specify the timeframe as stated “under the applicable statute of limitations”.

4. To state the basis to arrive at the purchase consideration other than based on an offer made by GAH and a negotiation process thereafter between MWE, the Selling Shareholders and GAH.

5. To provide the breakdown and timeframe for the utilisation of the cash proceeds from the Proposed Disposal. Further, to provide clarification with regard to this statement "further reinforcement of other divisions for further growth of MWE and its subsidiaries".

6. To provide further justification on the rationale of the Proposed Disposal given that DMSB is profitable.

7. Quantification of the revenue, profit after taxation contribution and % of DMSB to MWE Group based on the latest audited financial statements and whether DMSB is a major subsidiary of MWE as per the definition of the Main Market Listing Requirements.

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

HTH/TGG
c.c:- General Manager and Head, Marker Surveillance, Securities Commission (via fax)


ORIENT - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management Asia Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced25 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-120925-42EFD

Particulars of substantial Securities Holder

NameAberdeen Asset Management Asia Limited
Address21 Church Street #01-01
Capital Square Two
Singapore 049480
NRIC/Passport No/Company No.199105448E
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary stocks of RM1.00 each
Name & address of registered holder1. BNP Paribas Securities Services
2. Investor Bank & Trust Company

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired20/09/2012
30,000
 

Circumstances by reason of which change has occurreda) Acquisition of shares

c) An investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.
Nature of interestDirect interest
Direct (units)37,374,800 
Direct (%)6.02 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change37,374,800
Date of notice21/09/2012

Remarks :
This notice was received on 24 September 2012.


ORIENT - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC and its subsidiaries

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced25 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-120925-4F076

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC and its subsidiaries
Address10 Queen's Terrace
Aberdeen, AB10 1YG
Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary stocks of RM1.00 each
Name & address of registered holderAberdeen Asset Management Sdn Bhd
Suite 1005, 10th Floor
Wisma Hamzah-Kwong Hing
No. 1, Leboh Ampang
50100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/09/2012
42,900
 

Circumstances by reason of which change has occurreda) Disposal of shares

b) An investment position taken in connection with:-
- Aberdeen Asset Management Sdn Bhd's ordinary business in fund management.

c) The registered holder listed above is 100% owned by the parent company, Aberdeen Asset Management PLC.
Nature of interestDirect Interest
Direct (units)49,266,720 
Direct (%)7.94 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change49,266,720
Date of notice20/09/2012

Remarks :
This Notice was received on 24 September 2012.


ORIENT - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC and its subsidiaries

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced25 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-120925-42F13

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC and its subsidiaries
Address10 Queen's Terrace
Aberdeen, AB10 1YG
Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary stocks of RM1.00 each
Name & address of registered holderAberdeen Asset Management Asia Limited
21 Church Street #01-01
Capital Square Two
Singapore 049480

Aberdeen Asset Management Sdn Bhd
Suite 1005, 10th Floor
Wisma Hamzah-Kwong Hing
No. 1, Leboh Ampang
50100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/09/2012
15,800
 

Circumstances by reason of which change has occurreda) Disposal of shares

b) An investment position taken in connection with:-
- Aberdeen Asset Management Asia Limited's ordinary business in fund management.
- Aberdeen Asset Management Sdn Bhd's ordinary business in fund management.

c) The registered holder listed above is 100% owned by the parent company, Aberdeen Asset Management PLC.
Nature of interestDirect Interest
Direct (units)49,250,920 
Direct (%)7.94 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change49,250,920
Date of notice21/09/2012

Remarks :
This Notice was received on 24 September 2012.


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