October 4, 2012

Company announcements: AXIATA, KNM, EMICO, CHEEWAH, LINEAR

AXIATA - Changes in Sub. S-hldr's Int. (29B) - Khazanah Nasional Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced4 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-121004-091FE

Particulars of substantial Securities Holder

NameKhazanah Nasional Berhad
AddressLevel 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur
NRIC/Passport No/Company No.275505-K
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderKhazanah Nasional Berhad, Level 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Transferred01/10/2012
113,900
 
Transferred02/10/2012
472,314
 
Transferred02/10/2012
12,065
 

Circumstances by reason of which change has occurredTransfer of 586,214 Ordinary shares of RM1.00 each in Axiata Group Berhad ("Axiata Shares") from Khazanah Nasional Berhad ("Khazanah") to Axiata's employees via CIMSEC Nominees (Tempatan) Sdn Bhd in connection with Axiata ESOS^

Transfer of 12,065 Axiata Shares from Axiata's employees to Khazanah via CIMSEC Nominees in connection with Axiata ESOS^

^The transfer of Axiata Shares to Axiata's employees is made in accordance with the Selling Flexibility Arrangement under the Axiata ESOS to facilitate the immediate sale of Axiata Shares by Axiata's employees who have exercised their Axiata ESOS options under this arrangement. Taking into consideration the transfer of shares/return of such number of shares, Khazanah is deemed to have an interest (pursuant to Section 6A of the Companies Act, 1965) in 885,663 Axiata Shares (which is already reflected in Khazanah's indirect/deemed interest disclosed below), being the outstanding number of Axiata Shares to be returned to Khazanah under the Selling Flexibility Arrangement
Nature of interestDirect & Indirect
Direct (units)3,238,919,155 
Direct (%)38.08 
Indirect/deemed interest (units)84,415,540 
Indirect/deemed interest (%)0.99 
Total no of securities after change3,323,334,695
Date of notice04/10/2012

Remarks :
Form 29B received on 4 October 2012


AXIATA - 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 NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced4 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-121004-08D8B

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 RM1.00 each
Name & address of registered holder1) Employees Provident Fund Board ("EPF Board")
Ibu Pejabat KWSP, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur

2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board
3) Citigroup EPF Board (AMUNDI)
4) Citigroup EPF Board (KIB)
5) Citigroup EPF Board (HDBS)
6) Citigroup EPF Board (RHB INV)
7) Citigroup EPF Board (AM INV)
8) Citigroup EPF Board (MAYBAN)
9) Citigroup EPF Board (NOMURA)
10) Citigroup EPF Board (PHEIM)
11) Citigroup EPF Board (CIMB PRI)
12) Citigroup EPF Board (ARIM)
13) Citigroup EPF Board (TEMPLETON)
14) Citigroup EPF Board (ABERDEEN)
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)
Acquired01/10/2012
2,326,000
 
Disposed01/10/2012
1,000,000
 
Disposed01/10/2012
300,000
 
Disposed01/10/2012
554,400
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 2,326,000 shares
2. Citigroup EPF Board (HDBS) - Disposal of 1,000,000 shares
3. Citigroup EPF Board (NOMURA) - Disposal of 300,000 shares
3. Citigroup EPF Board (CIMB PRI) - Disposal of 554,400 shares
Nature of interestDirect
Direct (units)991,901,806 
Direct (%)11.66 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change991,901,806
Date of notice02/10/2012

Remarks :
1) The total number of 991,901,806 ordinary shares comprised of the following:-

a) Citigroup EPF Board - 883,775,106
b) EPF Board - 3,332,900
c) Citigroup EPF Board (AMUNDI) - 3,640,250
d) Citigroup EPF Board (KIB) - 3,500,000
e) Citigroup EPF Board (HDBS) - 9,452,675
f) Citigroup EPF Board (RHB INV) - 1,315,300
g)Citigroup EPF Board (AM INV) - 8,232,250
h)Citigroup EPF Board (MAYBAN) - 2,000,000
i) Citigroup EPF Board (NOMURA) - 30,690,900
j) Citigroup EPF Board (PHEIM) - 300,000
k) Citigroup EPF Board (CIMB PRI) - 32,797,225
l) Citigroup EPF Board (ARIM) - 2,400,000
m) Citigroup EPF Board (TEMPLETON) - 5,065,200
n) Citigroup EPF Board (ABERDEEN) - 5,400,000

2) Form 29B received on 4 October 2012


KNM - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced4 Oct 2012  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoMI-121004-68907

Title / DescriptionRENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 488,920,659 NEW ORDINARY SHARES OF RM1.00 EACH IN KNM GROUP BERHAD (“KNM”) (“KNM SHARES”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.00 FOR EACH RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING KNM SHARES HELD AS AT 5:00 P.M. ON 18 OCTOBER 2012 TOGETHER WITH 488,920,659 DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR, OF WHICH THE FIRST CALL OF RM0.40 IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.60 IS TO BE CAPITALISED FROM KNM’S SHARE PREMIUM ACCOUNT (“RIGHTS ISSUE”)
Despatch Date22/10/2012
Date for commencement of trading of the rights19/10/2012
Date for despatch of abridged prospectus and subscription forms22/10/2012
Date for cessation of trading of the rights29/10/2012
Date for announcement of final subscription result and basis of allotment of excess Rights Securities12/11/2012
Listing date of the Rights Securities20/11/2012

Last date and time forDateTime
Sale of provisional allotment of rights25/10/2012
at
05:00:00 PM
Transfer of provisional allotment of rights31/10/2012
at
04:00:00 PM
Acceptance and payment05/11/2012
at
05:00:00 PM
Excess share application and payment05/11/2012
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
Yes 
Other important dates as the listed issuer may deem appropriate:
 

Remarks :
The last date and time for acceptance and payment of the Rights Issue as well as the last date and time for excess Warrants application and payment is at 5.00 p.m. on 5 November 2012 or such later date and time as the Board of Directors of KNM may decide in its absolute discretion and announce not less than 2 market days before the stipulated date and time.

The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) relating to the Rights Issue will only be despatched to the shareholders of KNM who have a registered address in Malaysia and whose names appear in KNM’s Record of Depositors at 5.00 p.m. on 18 October 2012 (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders who have not provided a registered address in Malaysia for the service of the Documents. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address prior to 18 October 2012.

The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue and the Documents comply with the laws of any countries or jurisdictions other than Malaysia.

This announcement is dated 4 October 2012


KNM - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced4 Oct 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-121004-66780

EX-date16/10/2012
Entitlement date18/10/2012
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 488,920,659 NEW ORDINARY SHARES OF RM1.00 EACH IN KNM GROUP BERHAD (“KNM”) (“KNM SHARES”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.00 FOR EACH RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING KNM SHARES HELD AS AT 5:00 P.M. ON 18 OCTOBER 2012 TOGETHER WITH 488,920,659 DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR, OF WHICH THE FIRST CALL OF RM0.40 IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.60 IS TO BE CAPITALISED FROM KNM’S SHARE PREMIUM ACCOUNT ("RIGHTS ISSUE")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan

Tel. No. : 03 - 7841 8000
Fax No. : 03 - 7841 8151/8152
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers18/10/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit16/10/2012 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)488920659 
Entitlement indicatorRatio
Ratio 1 : 2
Rights Issues/Offer Price 1

Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) relating to the Rights Issue will only be despatched to the shareholders of KNM who have a registered address in Malaysia and whose names appear in KNM’s Record of Depositors at 5.00 p.m. on 18 October 2012 (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders who have not provided a registered address in Malaysia for the service of the Documents. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address prior to 18 October 2012.

The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue and the Documents comply with the laws of any countries or jurisdictions other than Malaysia.

This announcement is dated 4 October 2012.


EMICO - PROPOSED DISPOSAL OF A FREEHOLD LAND BY EMICO HOLDINGS BERHAD ("EMICO") FOR A CASH CONSIDERATION OF RM2,300,000

Announcement Type: General Announcement
Company NameEMICO HOLDINGS BERHAD  
Stock Name EMICO  
Date Announced4 Oct 2012  
CategoryGeneral Announcement
Reference NoEH-121004-63644

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDTE-121003-41068
SubjectPROPOSED DISPOSAL OF A FREEHOLD LAND BY EMICO HOLDINGS BERHAD ("EMICO") FOR A CASH CONSIDERATION OF RM2,300,000
DescriptionReply to Bursa query letter dated 3 October 2012.
Query Letter Contents We refer to the Company's announcement dated 2 October 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. The quantification of the latest tender price as advertised by appointed
property agent, Messrs Henry Butcher.
2. Whether the planning approval for the development of the shopping complex
has been obtained. If yes, the date of approval.
3. The rationale for disposing the Property at a loss and at disposal
consideration that is lower than the market value ascribed by the valuer.


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)

In respect of the aforesaid matter, we furnish herewith the following additional information for public release:-

1) We�disclosed below the advertisement by property agent, Messrs Henry Butcher for the Freehold land for sale at Sungai Petani, Kedah as follows:-

Advertisement in Kwang Wah Jit Poh dated 31 March 2012 at RM1,700,000

Advertisment in Guang Min Ribao dated 2 April 2012 for RM1,700,000

Advertisment in The Star dated 4 April 2012 for RM1,700,000�

Closing date for the tender on 14 April 2012.

No of bidder at the closing�: Nil

However, in the advertisment dated 30 May 2012 for the above 3 newspaper, there�are no indicative price�on the parcel of land advertised but an indicative price of RM1,700,000 was mentioned in the tender document as a guide for interested party. At the closing of the tender on 13 June 2012, one bidder bid for RM1,700,000 was received however the selling price was rejected by the loan stock holders.

2) There�are no building plan submitted to the authorities for building of shopping complex. The development plan for this land which formed part of the whole development scheme of Taman Batik Sungai Petani, Kedah was approved by the local authorities in 21 May 1996.

3)�The rationale for�disposing the Property as a loss and below market value is due to the Property form part of the Asset Identified for disposal with the proceeds to be used to redeem the outstanding Redeemable Secured Loan Stocks which stand at RM33 Million as at 31 March 2012. The loan stock holders have also imposed�onto the�Company to auction/tender the property at least 3 times per annum and since May 2011, the indicative price were reduced from RM2.0 Million to RM1.7 Million, however�there are no successful bidder until the current�offer for RM2,300,000 for the property.



CHEEWAH - General Announcement

Announcement Type: General Announcement
Company NameCHEE WAH CORPORATION BERHAD  
Stock Name CHEEWAH  
Date Announced4 Oct 2012  
CategoryGeneral Announcement
Reference NoCW-121003-61716

TypeAnnouncement
SubjectOTHERS
DescriptionProposed Amendments to the Articles of Association

The Board of Directors of Chee Wah Corporation Berhad (“CWCB”) hereby announces that CWCB will seek its shareholders’ approval for the proposed amendments to its Articles of Association (“Proposed Amendments”) at the forthcoming 35th Annual General Meeting (“AGM”).

The details of the Proposed Amendments will be incorporated into the notice convening the said AGM to be issued and despatched to CWCB’s shareholders in due course.

This announcement is dated 4 October 2012.



LINEAR - PN17-SUSPENSION AND DE-LISTING

Announcement Type: Listing Circular
Company NameLINEAR CORPORATION BERHAD  
Stock Name LINEAR  
Date Announced4 Oct 2012  
CategoryListing Circular
Reference NoUM-121004-60132

LISTING'S CIRCULAR NO. L/Q : 66189 OF 2012


    Bursa Malaysia Securities Berhad ("Bursa Securities") had on 4 October 2012, rejected LINEAR CORPORATION BERHAD’s ("LINEAR" or "the Company") proposed regularization plan which was submitted to Bursa Securities on 22 September 2011.

      In the circumstances and pursuant to paragraph 8.04(5) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements ("Main LR"):-

      (a) the trading in the securities of the Company will be suspended with effect from 12 October 2012; and
      (b) the securities of the Company will be de-listed on 7 November 2012 unless an appeal against the rejection of the regularisation plan and de-listing is submitted to Bursa Securities on or before 3 November 2012 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.
      In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 7 November 2012 shall be deferred pending the decision on the Company’s appeal.

      With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

      Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities.


      This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

      Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.


LINEAR - SUSPENSION OF SECURITIES

Announcement Type: General Announcement
Company NameLINEAR CORPORATION BERHAD  
Stock Name LINEAR  
Date Announced4 Oct 2012  
CategoryGeneral Announcement
Reference NoCS-121004-62573

TypeAnnouncement
SubjectSUSPENSION OF SECURITIES
DescriptionSUSPENSION AND DE-LISTING OF THE SECURITIES OF
LINEAR CORPORATION BERHAD ("LINEAR" OR "THE COMPANY')
The Board of Directors of Linear wishes to announce that the Company has
on 4 October 2012 received a letter from Bursa Malaysia Securities Berhad
("Bursa Securities") informed that:-

(a) the trading in the securities of the Company will be suspended with
effect from 12 October 2012; and

(b) the securities of the Company will be delisted on 7 November 2012
unless an appeal against the rejection of the regularisation plan and
de-listing is submitted to Bursa Securities on or before 3 November
2012 ("the Appeal Timeframe"). Any appeal submitted after the
Appeal Timeframe will not be considered by Bursa Securities,

In the event the Company submits an appeal to Bursa Securities within the
Appeal Timeframe, the removal of the securities of the Company from the
Official List of Bursa Securities on 7 November 2012 shall be deferred
pending the decision on the Company's appeal.

This announcement is dated 4 October 2012.


LINEAR - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN

Announcement Type: General Announcement
Company NameLINEAR CORPORATION BERHAD  
Stock Name LINEAR  
Date Announced4 Oct 2012  
CategoryGeneral Announcement
Reference NoOS-121004-64321

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
DescriptionLINEAR CORPORATION BERHAD (“LCB” OR THE “COMPANY”)

REGULARISATION PLAN PURSUANT TO PARAGRAPH 8.04 AND PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) (“LISTING REQUIREMENTS”)

We refer to the announcements made on 8 July 2011 and 22 September 2011 and the monthly status announcements relating to the Company’s condition pursuant to PN17 of the Listing Requirements (“Announcements”).

Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the Announcements.

On behalf of the Board of Directors of LCB, TA Securities Holdings Berhad (“TA Securities”) wishes to announce that Bursa Securities has vide its letter dated 4 October 2012, decided to reject the Company's proposed regularisation plan as the proposed regularisation plan does not comply with Paragraph 3.1 (a) of Practice Note 17 of the Listing Requirements which specifies that the regularisation plan must be sufficiently comprehensive and capable of resolving all problems, financial or otherwise that had caused the company to trigger the Prescribed Criteria (as defined in the Listing Requirements).

The securities of the Company shall be removed from the Official List of Bursa Securities on such date as may be specified by Bursa Securities, subject to the Company's right to appeal against the rejection of the regularisation plan pursuant to Paragraph 8.04(4) of the Listing Requirements.

This announcement is dated 4 October 2012.



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