November 28, 2012

Company announcements: ORIENT, TADMAX, SEAL, TCHONG

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 Announced28 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121128-491DD

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 Managers Limited
10 Queens Terrace, Aberdeen
Aberdeenshire, AB10 1YG

Aberdeen International Fund Managers Limited
Rm 2605-06, 26/F Alexandra House
18 Charter Road, Central, Hongkong

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/11/2012
1,000,000
 

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

b) An investment position taken in connection with:-
- Aberdeen Asset Management Asia limited's ordinary business in fund management.
- Aberdeen Asset Managers Limited's ordinary business in fund management.
- Aberdeen International Fund Managers Limited'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)53,205,320 
Direct (%)8.58 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change53,205,320
Date of notice26/11/2012

Remarks :
This Notice was received on 28 November 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 Announced28 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121128-4ED92

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 Managers Limited
10 Queens Terrace, Aberdeen
Aberdeenshire, AB10 1YG

Aberdeen International Fund Managers Limited
Rm 2605-06, 26/F Alexandra House
18 Charter Road, Central, Hongkong

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired26/11/2012
97,100
 

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

b) An investment position taken in connection with:-
- Aberdeen Asset Management Asia limited's ordinary business in fund management.
- Aberdeen Asset Managers Limited's ordinary business in fund management.
- Aberdeen International Fund Managers Limited'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)53,302,420 
Direct (%)8.59 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change53,302,420
Date of notice27/11/2012

Remarks :
This Notice was received on 28 November 2012.


ORIENT - 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 NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced28 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121128-443C5

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 stocks of RM1.00 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)
Disposed23/11/2012
1,000,000
 

Circumstances by reason of which change has occurreda) Disposal of shares
Nature of interestDirect Interest
Direct (units)55,264,016 
Direct (%)8.91 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change55,264,016
Date of notice26/11/2012

Remarks :
This Notice was received on 28 November 2012.


TADMAX - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameTADMAX RESOURCES BERHAD  
Stock Name TADMAX  
Date Announced28 Nov 2012  
CategoryGeneral Announcement
Reference NoOI-121127-59277

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionTADMAX RESOURCES BERHAD (FORMERLY KNOWN AS WIJAYA BARU GLOBAL BERHAD) ("TRB" OR THE "COMPANY")

I. PROPOSED PAR VALUE REDUCTION VIA THE CANCELLATION OF RM0.50 OF THE PAR VALUE OF EVERY EXISTING ORDINARY SHARE OF RM1.00 EACH IN THE ISSUED AND PAID-UP SHARE CAPITAL OF TRB PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("ACT") ("PROPOSED PAR VALUE REDUCTION");

II. PROPOSED RESTRICTED ISSUE OF UP TO 55,183,330 NEW WARRANTS IN TRB ("WARRANT(S)") TO THE HOLDERS OF UNEXERCISED WARRANTS 2007/ 2012 ("WARRANT(S) A") AT AN INDICATIVE ISSUE PRICE OF RM0.01 PER WARRANT ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) WARRANTS A HELD ON 14 SEPTEMBER 2012, BEING THE EXPIRY DATE OF WARRANTS A ("PROPOSED RESTRICTED ISSUE OF WARRANTS");

III. PROPOSED PARTIAL SETTLEMENT OF DEBT OWING TO A DIRECTOR OF TRB, NAMELY DATO' FAIZAL BIN ABDULLAH VIA THE ISSUANCE OF NEW ORDINARY SHARES OF RM0.50 EACH IN TRB ("TRB SHARE(S)") ("SETTLEMENT SHARE(S)") AT AN INDICATIVE ISSUE PRICE OF RM0.50 PER SETTLEMENT SHARE ("PROPOSED CAPITALISATION");

IV. PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TRB ("PROPOSED ESOS"); AND

V. PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF TRB ("PROPOSED AMENDMENTS")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposals.
We refer to the earlier announcements dated 18 July 2012, 14 September 2012, 12 October 2012 and 12 November 2012 in relation to the Proposals.

On behalf of the Board of Directors of TRB ("Board"), OSK Investment Bank Berhad ("OSK") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 27 November 2012 ("Letter"), resolved to:-

(a) Reject the initial listing application and additional listing application of Warrants and new TRB Shares to be issued arising from the exercise of the Warrants, respectively, pursuant to the Proposed Restricted Issue of Warrants ("Rejected Proposal") based on the following grounds:-

      (i) TRB has been loss making for the last three (3) financial years up to the financial year ended 2011, as well as for the six (6) months period ended 30 June 2012; and

      (ii) The proceeds from the Proposed Restricted Issue of Warrants are minimal, and do not address the current concerns on the Company's financial position.
(b) Approve the following:-

      (i) Listing of up to 10,000,000 new TRB Shares to be issued pursuant to the Proposed Capitalisation; and

      (ii) Listing of such number of new TRB Shares, representing up to 10% of the issued and paid-up share capital of TRB, to be issued pursuant to the Proposed ESOS.
The approval by Bursa Securities for the above is subject to the following conditions:-

(i) TRB and OSK must fully comply with the relevant provisions under the Main Market Listing Requirements ("Listing Requirements") pertaining to the implementation of the Proposed Capitalisation and Proposed ESOS;

(ii) TRB and OSK to inform Bursa Securities upon the completion of the Proposed Capitalisation;
    (iii) TRB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Capitalisation is completed;
      (iv) TRB to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposed Capitalisation;
        (v) OSK is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed ESOS; and
          (vi) OSK is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the Proposed ESOS as at the end of each quarter together with a detailed computation of listing fees payable.

          In relation to the Rejected Proposal, the Board has carefully considered the bases for rejection above and may appeal against the decision.

          This announcement is dated 28 November 2012.


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

          Announcement Type: Financial Results
          Company NameSEAL INCORPORATED BERHAD  
          Stock Name SEAL  
          Date Announced28 Nov 2012  
          CategoryFinancial Results
          Reference NoSI-121128-37542

          Financial Year End30/06/2013
          Quarter1
          Quarterly report for the financial period ended30/09/2012
          The figureshave not been audited

          Attachments

          Q1-13 (annc).pdf
          53 KB


          Remarks :
          This announcement is dated 28 November 2012
          • 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
          37,147
          12,040
          37,147
          12,040
          2Profit/(loss) before tax
          11,861
          1,365
          11,861
          1,365
          3Profit/(loss) for the period
          8,841
          1,365
          8,841
          1,365
          4Profit/(loss) attributable to ordinary equity holders of the parent
          5,230
          1,550
          5,230
          1,550
          5Basic earnings/(loss) per share (Subunit)
          2.42
          0.79
          2.42
          0.79
          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 ($$)
          0.7800
          0.7600
          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


          SEAL - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

          Announcement Type: General Announcement
          Company NameSEAL INCORPORATED BERHAD  
          Stock Name SEAL  
          Date Announced28 Nov 2012  
          CategoryGeneral Announcement
          Reference NoSI-121128-35813

          TypeAnnouncement
          SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
          DescriptionLog Production of the Group for the Month of October 2012

          The Board of Directors of Seal Incorporated Berhad is pleased to announce that the log production of the Group for the month of October�2012 was 6,108 cubic metres.

          This announcement is dated 28 November�2012



          SEAL - OTHERS SEAL INCORPORATED BERHAD ("SEAL" or "the Company") - Joint Venture Agreement between Seal Concepts Sdn Bhd and Koperasi Tunas Muda Sungai Ara Berhad to develop all that part of freehold land measuring approximately 12 acres known as H.S.(D) 18949 PT3082, H.S.(D) 18950 PT3083 and Hakmilik No. 86781 Lot. 15054, Mukim 12, Daerah Barat Daya, Negeri Pulau Pinang.

          Announcement Type: General Announcement
          Company NameSEAL INCORPORATED BERHAD  
          Stock Name SEAL  
          Date Announced28 Nov 2012  
          CategoryGeneral Announcement
          Reference NoCC-121126-34121

          TypeAnnouncement
          SubjectOTHERS
          DescriptionSEAL INCORPORATED BERHAD ("SEAL" or "the Company")
          - Joint Venture Agreement between Seal Concepts Sdn Bhd and Koperasi Tunas Muda Sungai Ara Berhad to develop all that part of freehold land measuring approximately 12 acres known as H.S.(D) 18949 PT3082, H.S.(D) 18950 PT3083 and Hakmilik No. 86781 Lot. 15054, Mukim 12, Daerah Barat Daya, Negeri Pulau Pinang.

          On behalf of the Board of Directors of Seal Incorporated Berhad ("SEAL" or "the Company"), we wish to announce that Seal Concepts Sdn. Bhd., a fifty one percent (51%)-owned sub-subsidiary of SEAL ("SC" or "Developer") had on 28 November 2012 entered into a Joint Venture Agreement ("JVA") with Koperasi Tunas Muda Sungai Ara Berhad ("Koperasi" or "Landowner") to develop all that part of freehold land measuring approximately 12 acres known as H.S.(D) 18949 PT 3082, H.S.(D) 18950 PT3083 and Hakmilik No. 86781 Lot. 15054, Mukim 12, Daerah Barat Daya, Negeri Pulau Pinang ("Development Land") into a final development project in accordance with the duly approved plans by the appropriate authority ("Proposed JV").

          Please refer to the attached file for the full text of the announcement.

          This announcement is dated 28 November 2012.



          SEAL - OTHERS SEAL INCORPORATED BERHAD (“SEAL” or “the Company”) - Deed of Rescission

          Announcement Type: General Announcement
          Company NameSEAL INCORPORATED BERHAD  
          Stock Name SEAL  
          Date Announced28 Nov 2012  
          CategoryGeneral Announcement
          Reference NoCC-121126-33959

          TypeAnnouncement
          SubjectOTHERS
          DescriptionSEAL INCORPORATED BERHAD (“SEAL” or “the Company”)
          - Deed of Rescission

          We refer to the previous announcements dated 16 December 2009 and 14 February 2011 in relation to the lease agreement and Deed of Assignment cum Supplemental Agreement entered into by the subsidiaries, Seal Concepts Sdn Bhd and Seal Lifestyle Development Sdn Bhd respectively with Koperasi Tunas Muda Sungai Ara Berhad (“the Agreements”).

          On behalf of the Board of Directors of Seal Incorporated Berhad (“SEAL” or “the Company”), we wish to announce that the subsidiary of the Company, Seal Lifestyle Development Sdn Bhd (“SL”) had on 28 November 2012 entered into a Deed of Rescission with Koperasi Tunas Muda Sungai Ara Berhad (“the Landowner”) to rescind the Agreements in consideration of the refund of deposit of RM300,560.00 from the Landowner to SL.

          The rescission is not expected to have any material effect on the earnings and net assets per share of SEAL Group.

          This announcement is dated 28 November 2012.



          TCHONG - PROVISION OF FINANCIAL ASSISTANCE

          Announcement Type: General Announcement
          Company NameTAN CHONG MOTOR HOLDINGS BERHAD  
          Stock Name TCHONG  
          Date Announced28 Nov 2012  
          CategoryGeneral Announcement
          Reference NoTC-121109-DEC66

          TypeAnnouncement
          SubjectPROVISION OF FINANCIAL ASSISTANCE
          DescriptionProvision of Financial Assistance pursuant to paragraph 8.23(1)(ii) and Practice Note 11 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad

          Pursuant to paragraph 8.23(1)(ii) and Practice Note 11 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Tan Chong Motor Holdings Berhad ("TCMH") wishes to announce the aggregate amount of financial assistance provided by TC Capital Resources Sdn Bhd ("TCCR"), a wholly-owned subsidiary of TCMH, for the�third quarter ended 30�September 2012 as set out below:

          (i) Paragraph 3.1 of Practice Note 11

          Type of Financial Assistance :
          Loans extended to customers in the ordinary course of TCCR's business as a licensed money lender.

          Amount of loans provided during the�third quarter ended 30�September�2012: RM467,000.00.

          (ii) Paragraph 3.3 of Practice Note 11

          As set out in the table attached below.

          The provision of financial assistance as set out above does not have any significant impact on the earnings and cashflow of TCMH Group for the year ending 31 December 2012.



          TCHONG - 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 NameTAN CHONG MOTOR HOLDINGS BERHAD  
          Stock Name TCHONG  
          Date Announced28 Nov 2012  
          CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
          Reference NoTC-121128-6D6AF

          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 holderCitigroup Nominees (Tempatan) Sdn Bhd
          Employees Provident Fund Board
          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)
          Disposed23/11/2012
          990,000
           

          Circumstances by reason of which change has occurredDisposal
          Nature of interestDirect
          Direct (units)39,813,300 
          Direct (%)6.0987 
          Indirect/deemed interest (units)
          Indirect/deemed interest (%)
          Total no of securities after change39,813,300
          Date of notice26/11/2012

          Remarks :
          Form 29B dated 26/11/2012 from Employees Provident Fund Board was received by the Company on 28/11/2012. The percentage shareholding of Employees Provident Fund Board's direct interest is computed based on the share capital of the Company (less treasury shares) of 652,816,000 shares.


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