November 28, 2012

Company announcements: MISC, MUIPROP, TIME, WARISAN, HYTEXIN, KLCCP

MISC - 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 NameMISC BERHAD  
Stock Name MISC  
Date Announced28 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMM-121128-5ED9F

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 holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (NOMURA)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/11/2012
140,000
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect
Direct (units)10,548,180 
Direct (%)0.24 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change440,920,538
Date of notice23/11/2012

Remarks :
Notice was received on 28 November 2012.

The direct interest of 440,920,538 shares is comprised of:

(a) 419,434,578 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board;

(b) 3,588,000 shares held by Employees Provident Fund Board;

(c) 3,988,540 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS);

(d) 753,000 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV);

(e) 1,838,660 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV);

(f) 491,100 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN);

(g) 10,548,180 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA);and

(h) 278,480 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (PHEIM).


MISC - 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 NameMISC BERHAD  
Stock Name MISC  
Date Announced28 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMM-121128-5A7EF

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 holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/11/2012
250,000
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect
Direct (units)419,434,578 
Direct (%)9.4 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change441,060,538
Date of notice23/11/2012

Remarks :
Notice was received on 28 November 2012.

The direct interest of 441,060,538 shares is comprised of:

(a) 419,434,578 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board;

(b) 3,588,000 shares held by Employees Provident Fund Board;

(c) 3,988,540 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS);

(d) 753,000 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV);

(e) 1,838,660 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV);

(f) 491,100 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN);

(g) 10,688,180 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA);and

(h) 278,480 shares held by Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (PHEIM).


MUIPROP - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

Announcement Type: Financial Results
Company NameMUI PROPERTIES BERHAD  
Stock Name MUIPROP  
Date Announced28 Nov 2012  
CategoryFinancial Results
Reference NoMP-121121-CE403

Financial Year End31/12/2012
Quarter3
Quarterly report for the financial period ended30/09/2012
The figureshave not been audited

Attachments

MPB092012.pdf
146 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2012
30/09/2011
30/09/2012
30/09/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
10,107
7,750
27,035
26,453
2Profit/(loss) before tax
1,469
779
3,986
5,263
3Profit/(loss) for the period
731
58
2,103
2,856
4Profit/(loss) attributable to ordinary equity holders of the parent
24
-327
-29
659
5Basic earnings/(loss) per share (Subunit)
0.00
-0.04
0.00
0.09
6Proposed/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 ($$)
0.3308
0.3366
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


TIME - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameTIME ENGINEERING BERHAD  
Stock Name TIME  
Date Announced28 Nov 2012  
CategoryChange in Boardroom
Reference NoTE-121128-66271

Date of change28/11/2012
NameZaiviji Ismail bin Abdullah
Age56
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsHe holds a Master of Business Administration from Cranfield Institute of Technology, England ("Institute") and is an Alumni Member of the Institute.

He is a member of the International Association of Non-Executive Directors (IANED), member of the National Association of Corporate Directors (NACD) and an Associate Member of Malaysian Alliance of Corporate Directors. 
Working experience and occupation Encik Zaiviji has vast management experience providing fiscal, strategic and operational leadership in challenging situations.

He started his career with Bank Negara Malaysia from 1979 to 1983 and later joined Malaysia Building Society Berhad from 1984 to 1989.

Encik Zaiviji joined Shell Malaysia and had served in various positions in Malaysia for a period from 1990 to 2001. He was then posted to Shell Oman to be the General Manager of the Retail Business from October 2001 to January 2004. In February 2004, he was posted to Shell Pakistan to be the General Manager of the Retail Business before taking on the Cluster General Manager's role for both Oman and Pakistan. In August 2006, he was appointed as the Managing Director of Shell Pakistan Limited, a public listed company, and at the same time was named the Chairman of Shell Companies in Pakistan.

From August 2006 to July 2011, he sat on various Boards in Pakistan and one in Oman covering the energy, health and education sectors. This includes four public listed companies. He also served as the President of the Petroleum Institute of Pakistan from 2010 to June 2011.

In October 2010, Encik Zaiviji won the Pakistan's 1st Global CEO Excellence Award. Currently, he is Khazanah Nasional Berhad's ("Khazanah") Nominated Director on the Boards of UEM Group Berhad, Cement Industries of Malaysia Berhad and PLUS International Expressways Berhad. He is also the Chairman of Uniquest Infra Ventures Private Limited, a joint venture between Khazanah and IDFC (India Infrastructure Development Corporation) of India.  
Directorship of public companies (if any)1. UEM Group Berhad (non-listed)
2. Cement Industries of Malaysia Berhad (non-listed)
3. PLUS International Expressways Berhad (non-listed) 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 

Remarks :
He is a nominee of Khazanah Nasional Berhad.


TIME - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NameTIME ENGINEERING BERHAD  
Stock Name TIME  
Date Announced28 Nov 2012  
CategoryChange in Principal Officer
Reference NoTE-121126-41124

Date of change28/11/2012
NameSteven Lim Kee Seng
Age47
NationalityMalaysian
DesignationChief Executive Officer
Type of changeResignation
ReasonResigned
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsHe holds a Master of Business Administration, eCommerce from Edith Cowan University, Australia and a Diploma in Electronics Engineering from Ngee Ann Polytechnic, Singapore.
Working experience and occupation He has vast experience in technical, marketing and sales of more than 20 years, locally and internationally in various positions ranging from technical support, country manager and director, business development and played an active advisory role to a number of companies on network design including Maersk Line, Nedloyd Shipping Company, RaboBank, SLW Corporation and Raja Garuda Mas.

He had served TIME Engineering Berhad ("TEB") from November 2005 to April 2008 as its General Manager, Corporate Development Division and prior to that he was the Head of Strategy at Multimedia Development Corporation, a Government agency responsible for the development of the Multimedia Super Corridor.
Directorship of public companies (if any)
Family relationship with any director and/or major shareholder of the listed issuerNil
Any conflict of interests that he/she has with the listed issuer or its subsidiariesNil
Details of any interest in the securities of the listed issuer or its subsidiariesNil

Remarks :
The Board of Directors of the Company had on 28 November 2012 accepted the resignation of Mr. Steven Lim Kee Seng as the Chief Executive Officer of the Company effective from 28 November 2012.


TIME - OTHERS TIME ENGINEERING CEO RESIGNS - Executive Committee to Oversee Day-to-Day Operations The Board of Directors of TIME Engineering Berhad ("TEB") announced today that its Chief Executive Officer ("CEO"), Steven Lim Kee Seng has resigned from the position, effective immediately. In the interim, the TEB Board has formed an Executive Committee chaired by its non-independent board member, Tuan Haji Zaiviji Ismail. TEB's two (2) other Directors of the Board, namely Elakumari Kantilal and Dato' Mohd Izzaddin Idris have also been named as members of the Committee. The Board has entrusted the Executive Committee to oversee the day-to-day operations and management of the Company, and they will report regularly to the Board on its operations, financial performance and progress of key projects. "While leadership will be provided by the Executive Committee, the operations of the Company will continue to be managed by TEB's capable management team whose focus will be to continue serving our customers and stakeholders," said Datuk Haji Mohd Khalil Dato' Haji Mohd Noor, Chairman of TEB. This announcement is dated 28 November 2012.

Announcement Type: General Announcement
Company NameTIME ENGINEERING BERHAD  
Stock Name TIME  
Date Announced28 Nov 2012  
CategoryGeneral Announcement
Reference NoTE-121128-29853

TypeAnnouncement
SubjectOTHERS
DescriptionTIME ENGINEERING CEO RESIGNS - Executive Committee to Oversee Day-to-Day Operations

The Board of Directors of TIME Engineering Berhad ("TEB") announced today that its Chief Executive Officer ("CEO"), Steven Lim Kee Seng has resigned from the position, effective immediately.

In the interim, the TEB Board has formed an Executive Committee chaired by its non-independent board member, Tuan Haji Zaiviji Ismail. TEB's two (2) other Directors of the Board, namely Elakumari Kantilal and Dato' Mohd Izzaddin Idris have also been named as members of the Committee.

The Board has entrusted the Executive Committee to oversee the day-to-day operations and management of the Company, and they will report regularly to the Board on its operations, financial performance and progress of key projects.

"While leadership will be provided by the Executive Committee, the operations of the Company will continue to be managed by TEB's capable management team whose focus will be to continue serving our customers and stakeholders," said Datuk Haji Mohd Khalil Dato' Haji Mohd Noor, Chairman of TEB.

This announcement is dated 28 November 2012.



TIME - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

Announcement Type: Financial Results
Company NameTIME ENGINEERING BERHAD  
Stock Name TIME  
Date Announced28 Nov 2012  
CategoryFinancial Results
Reference NoTE-121128-62975

Financial Year End31/12/2012
Quarter3
Quarterly report for the financial period ended30/09/2012
The figureshave not been audited

Attachments

TEB_Sep12_BMSB.pdf
260 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2012
30/09/2011
30/09/2012
30/09/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
33,560
15,442
74,734
49,330
2Profit/(loss) before tax
-2,241
92,384
107
95,568
3Profit/(loss) for the period
-3,541
90,621
-2,122
92,529
4Profit/(loss) attributable to ordinary equity holders of the parent
-4,684
89,703
-5,882
89,304
5Basic earnings/(loss) per share (Subunit)
-0.60
11.57
-0.76
11.52
6Proposed/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 ($$)
0.1400
0.1700
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


WARISAN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWARISAN TC HOLDINGS BERHAD  
Stock Name WARISAN  
Date Announced28 Nov 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWT-121128-65129

Date of buy back28/11/2012
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)100
Minimum price paid for each share purchased ($$)2.550
Maximum price paid for each share purchased ($$)2.550
Total consideration paid ($$)296.08
Number of shares purchased retained in treasury (units)100
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)2,069,400
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 (%)3.08


HYTEXIN - OTHERS HYTEX INTEGRATED BERHAD (“THE COMPANY” OR HYTEXIN”) - LETTERS OF DEMAND FROM RHB BANK BERHAD TO HYTEX APPARELS SDN BHD AND HYTEX INTEGRATED BERHAD

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced28 Nov 2012  
CategoryGeneral Announcement
Reference NoCK-121123-65794

TypeAnnouncement
SubjectOTHERS
DescriptionHYTEX INTEGRATED BERHAD (“THE COMPANY” OR HYTEXIN”)
- LETTERS OF DEMAND FROM RHB BANK BERHAD TO HYTEX APPARELS SDN BHD AND HYTEX INTEGRATED BERHAD

The Board of Directors of Hytexin wishes to inform that the Company and its wholly-owned subsidiary, Hytex Apparels Sdn Bhd (“HASB”) and have received the Letters of Demand both dated 20 November 2012 from RHB Bank Berhad (“the Plaintiff”).

1.�������������� The date of the presentation of the Letter of Demand and the date of the Letter of Demand.

������������The Letters of Demand�both dated 20 November 2012 were served on 22 November 2012.

2.�������� The particulars of the claim under the Letter of Demand, including the amount claimed for and the interest rate.

����������� The Plaintiff's claims are as below:-

a)������� Under the Multi Trade Line Facility

����������������������� The sum of RM12,973,724.75 being overdue Bankers Acceptance together with interest payable thereon at the rate of 3.50% p.a. above the Base Lending Rate of�� the Plaintiff (prevailing at 6.60% per annum as at 30 September 2012) on monthly rests from 1 October 2012 until full payment;

������������ b)������� Under the Bank Guarantee

������������������������The sum of RM380,098.06 together with interest payable thereon at the rate of 3.50% p.a. above the Base Lending Rate of the Plaintiff (prevailing at 6.60% per annum as at 30 September 2012) on monthly rests from 1 October 2012 until full payment.

3.������� The details of the default or circumstances leading to the filing of the Letter of Demand.

������������Hytexin proposed a restructuring scheme which did not materialize.

4.�������� The financial and operational impact of the Letter of Demand on the Hytexin Group.

����������� Full and immediate repayment of the outstanding sum would have dire financial and operational impact on Hytexin Group.

5.�������� The expected losses, if any, arising from the Letter of Demand.

����������� Save for the additional interest payable and legal cost involved in defending the case, there would be no other losses.

6.�������������� The steps taken and proposed to be taken by the Company in respect of the Letter of Demand.

���������� Hytexin have appointed AmInvestment Bank Berhad on 31 October 2012 to undertake a restructuring of the Group’s debts. AmInvestment Bank Berhad is now finalising the proposal for submission and discussion with the various lenders.

HASB is the major subsidiary of Hytexin and the total cost of investment in HASB is RM32,921,643.00.���



KLCCP - OTHERS KLCC PROPERTY HOLDINGS BERHAD (“KLCCP” OR “COMPANY”) PROPOSED CREATION OF STAPLED SECURITIES COMPRISING UNITS IN A REAL ESTATE INVESTMENT TRUST TO BE STAPLED TOGETHER WITH THE EXISTING ORDINARY SHARES OF THE COMPANY TO BE LISTED ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD

Announcement Type: General Announcement
Company NameKLCC PROPERTY HOLDINGS BERHAD  
Stock Name KLCCP  
Date Announced28 Nov 2012  
CategoryGeneral Announcement
Reference NoMM-121128-63202

TypeAnnouncement
SubjectOTHERS
DescriptionKLCC PROPERTY HOLDINGS BERHAD (“KLCCP” OR “COMPANY”)

PROPOSED CREATION OF STAPLED SECURITIES COMPRISING UNITS IN A REAL ESTATE INVESTMENT TRUST TO BE STAPLED TOGETHER WITH THE EXISTING ORDINARY SHARES OF THE COMPANY TO BE LISTED ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD

(Unless the context otherwise requires, all expressions used herein shall have the same meanings assigned thereto in the announcement made on 27 November 2012)

We refer to the announcement dated 27 November 2012.

CIMB, on behalf of KLCCP, wishes to announce that we have submitted an application to the SC today for its approval of the valuation of the Subject Properties in conjunction with the Proposed Transfer. CIMB, has also on behalf of KLCCP submitted an application to Bursa Securities today for its approval on the valuation of the PETRONAS Twin Towers in conjunction with the Proposed Midciti Acquisition.

Furthermore, CIMB has also on behalf of KLCCH submitted an application for the�GO Exemption to the SC today.

(This announcement is dated 28 November 2012)



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