November 8, 2012

Company announcements: TIGER, ABLEGRP, LIIHEN, HLSCORP, TOPGLOV, JAYCORP, SKPRES, ASTINO, TOYOINK

TIGER - Changes in Sub. S-hldr's Int. (29B) - Dato' Sri Mohd Nadzmi Bin Mohd Salleh (Amended Announcement)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIGER SYNERGY BERHAD  
Stock Name TIGER  
Date Announced8 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-121108-FC067

Particulars of substantial Securities Holder

NameDato' Sri Mohd Nadzmi Bin Mohd Salleh
AddressNo. 38, Jalan Chow Kit, 50350 Kuala Lumpur
NRIC/Passport No/Company No.540501-03-5293
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderHayat Maya Sdn. Bhd.
E-01-03, Plaza Glomac, No. 6 Jlan SS 7/19
Kelana Jaya, 47301 Petaling Jaya, Selangor D.E.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/11/2012
11,163,500
0.399 

Circumstances by reason of which change has occurredDeemed interested by virtue that Hayat Maya Sdn. Bhd., a company in which Dato' Sri Mohd Nadzmi Bin Mohd Salleh is a substantial shareholder and director, purchased 9,863,500 shares by marriage deal and 1,300,000 shares in the open market.
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)27,263,500 
Indirect/deemed interest (%)8.907 
Total no of securities after change27,263,500
Date of notice08/11/2012


TIGER - Changes in Sub. S-hldr's Int. (29B) - Hayat Maya Sdn. Bhd. (Amended Announcement)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTIGER SYNERGY BERHAD  
Stock Name TIGER  
Date Announced8 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-121108-015D9

Particulars of substantial Securities Holder

NameHayat Maya Sdn. Bhd.
AddressE-01-03, Plaza Glomac, No. 6 Jlan SS 7/19
Kelana Jaya, 47301 Petaling Jaya, Selangor D.E.
NRIC/Passport No/Company No.1016973-X
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderHayat Maya Sdn. Bhd.
E-01-03, Plaza Glomac, No. 6 Jlan SS 7/19
Kelana Jaya, 47301 Petaling Jaya, Selangor D.E.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/11/2012
11,163,500
0.399 

Circumstances by reason of which change has occurredAcquisition of 9,863,500 shares by marriage deal and
1,300,000 shares in the open market.
Nature of interestDirect
Direct (units)27,263,500 
Direct (%)8.907 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change27,263,500
Date of notice08/11/2012


ABLEGRP - Change of Address

Announcement Type: Change of Address
Company NameABLEGROUP BERHAD  
Stock Name ABLEGRP  
Date Announced8 Nov 2012  
CategoryChange of Address
Reference NoCC-121108-34653

Change descriptionCorrespondence 
Old address Suite E-10-06, Level 10, Block E, Plaza Mont' Kiara, No. 2 Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur 
New addressBlock D4-U2-10, Level 2, Solaris Dutamas, No. 1, Jalan Dutamas 1, 50480 Kuala Lumpur 
Name of Registrar 
Telephone no03-62078186/286/386 
Facsimile no03-62078786 
E-mail address 
Effective date08/11/2012 


LIIHEN - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameLII HEN INDUSTRIES BHD.  
Stock Name LIIHEN  
Date Announced8 Nov 2012  
CategoryGeneral Announcement
Reference NoCC-121108-51091

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AWARD OF CONSTRUCTION CONTRACT

1. INTRODUCTION

The Board of Directors of Lii Hen Industries Bhd. ("LHIB") is pleased to announce that its wholly owned subsidiary, Favourite Design Sdn. Bhd. ("FDSB") has on 8 November 2012 entered into a Construction Contract ("the Contract") with Lu Chin Poh Construction Sdn. Bhd. ("LCPC") for the construction of a factory on Lot 1915, GM 347, Mukim Sungai Raya, Daerah Muar, Johor ("Construction of Factory") for a total contract sum of Ringgit Malaysia Four Million Eight Hundred Nineteen Thousand Six Hundred And Thirty Eight (RM4,819,638.00) only.

LCPC with company number 517775-U, is a company incorporated in Malaysia and has its principal office at No. 8 (1st Floor), Jalan Arosa, Taman Perniagaan Arosa, Jalan Bakri, 84000 Muar, Johor.


2. DETAIL OF THE CONSTRUCTION OF FACTORY

2.1 The construction cost will be financed by business premises financing loan of approximately RM4.10 million with balance by internally generated fund of FDSB.

2.2 The payment for the Construction of Factory would be paid in the following manner :
i) Contract value by progress of contract completed.
ii) Progress of completed work approved by architect.

2.3 Barring any unforeseen circumstances, the Contract is expected to be completed by 6 May 2013

2.4 The contract cost excludes :
i) Fire protection and air piping system.
ii) Electrical installation.

2.5 The Contract is to build three (3) blocks of terrace type of single storey furniture factory of total build up area of 226,200 sq ft together with a pump house, a TNB sub-station and a guard house.


3. RATIONALE OF THE CONSTRUCTION OF FACTORY

The Construction of Factory is for expanding FDSB's finishing line to the above proposed factory as a measure for risk measurement on fire-hazard as mentioned in para 6 of the Annoucement made on 4 May 2012.


4. EFFECTS OF THE CONSTRUCTION OF FACTORY

The Construction of Factory is not anticipated to have any impact or significant effect on the following :

4.1 Share Capital
The Construction of Factory will not have any effect on the issued and paid up share capital of LHIB as the Construction of Factory will be fully satisfied by way of cash payment.

4.2 Net Assets per share
The Construction of Factory is not expected to have any material effect on the net assets per share of LHIB Group based on the latest audited financial statements for the financial year ended 31 December 2011.

4.3 Earnings
The Construction of Factory is not expected to have any material effect on the earnings of the LHIB Group for financial year ending 31 December 2012.

Barring any unforeseen circumstances, the Construction of Factory upon completion is expected to contribute positively to the future earnings of LHIB Group.

4.4 Gearing
The effect of Construction of Factory is an increase of the gearing of the LHIB Group to 0.191 from 0.156 based on the audited balance as at 31 December 2011.

4.5 Major shareholders' shareholding
The Construction of Factory will not have any effect on the shareholdings of the major shareholders of LHIB.

4.6 The Board does not foresee any expectional risk other than operational risks associated with construction.


5. HIGHEST PERCENTAGE RATIO
The highest percentage ratio applicable to the Construction of Factory pursuant to paragraph 10.02(g) (iii) of the Main Market Listing Requirements is 3.99%.


6. APPROVAL REQUIRED
The Construction of Factory is not subject to approval from shareholders of LHIB.


7. INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHAREHOLDERS

None of the Directors and/or major shareholders and/or persons connected with a Director or major shareholder have any interest, direct or indirect, in the Contract.


8. DIRECTORS' RECOMMENDATION
The Board of Directors of LHIB after giving due consideration to all aspects of the Contract, is of the opinion that the Construction of Factory is reasonable and in the best interest of LHIB Group.


9. DOCUMENTS AVAILABLE FOR INSPECTION
A copy of the Contract is available for inspection at the registered office of LHIB situated at 67, 2nd Floor, Room B, Jalan Ali, 84000 Muar, Johor from Mondays to Fridays between 8.00 a.m. to 6.00 p.m. (excluding public holidays).



HLSCORP - Change of Address

Announcement Type: Change of Address
Company NameHOCK LOK SIEW CORPORATION BHD  
Stock Name HLSCORP  
Date Announced8 Nov 2012  
CategoryChange of Address
Reference NoCC-121108-51816

Change descriptionRegistered 
Old address Lot 5613, Sungai Ketapang, 08300 Gurun. 
New address55, Medan Ipoh 1A, Medan Ipoh Bistari, 31400 Ipoh. 
Name of Registrar 
Telephone no05-5474 833 
Facsimile no05-5474 363 
E-mail address 
Effective date08/11/2012 

Remarks :
This announcement is dated 8 November 2012.


TOPGLOV - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced8 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-121102-25A62

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/11/2012
185,200
 

Circumstances by reason of which change has occurredPurchase of shares in open market by KWAP's Fund Manager
Nature of interestIndirect Interest
Direct (units)36,405,300 
Direct (%)5.8813 
Indirect/deemed interest (units)741,000 
Indirect/deemed interest (%)0.1197 
Total no of securities after change37,146,300
Date of notice08/11/2012

Remarks :
Top Glove Corporation Bhd received the Form 29B on 8/11/2012.


JAYCORP - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameJAYCORP BERHAD  
Stock Name JAYCORP  
Date Announced8 Nov 2012  
CategoryGeneral Announcement
Reference NoCC-121107-63435

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDTE-121107-42921
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionJAYCORP BERHAD (“JAYCORP” OR THE “COMPANY”)
- ADDITIONAL INFORMATION ON ACQUISITION OF INDUSTRIAL LEASEHOLD LAND AND PLANT AND MACHINERY BY JAYCORP VANTAGE SDN BHD (“JVSB”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY (“THE AQUISITION”)
Query Letter Contents We refer to the Company's announcement dated 6 November 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 full list of P&M to be acquired by Jaycorp Vantage.
2. Whether any market valuation has been undertaken to form the basis in
arriving at the consideration. If yes, the name of the independent registered
valuer, date and method of valuation and quantification of the market value.
3. The approximate age of the office building.
4. The breakdown of the funding for the Purchase Consideration.
5. The effect on gearing given that the Purchase Consideration shall be
financed partly by bank borrowings.
6. To confirm whether the Acquisition is subject to the approval of any
relevant authourities as stated in Sections 3.5 and 12.

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)
Further to the announcement made on 6 November 2012, we furnish the following additional information as requested :-
(All abbreviations used herein shall have the same meaning as used in the said announcement unless otherwise stated.)

(i) The full list of plant and machinery acquired by JVSB is as follows:-

Item No.
Description of plant and machinery
1-Combination Water/Fire Tubes Steam BoilerEnco System Sdn Bhd, reg no PMD 430, boiler Type VEV35 ser no 1270/VEV35, rated capacity 35,000 kg/hr, mfg. date 2006, design pressure 25 Barg, maximum working pressure 25 Barg, test pressure 37.7 Barg consisting of membrane wall furnace, fire tube drum, steam drum with 37 KW primary fan with 6 hopper, 110 KW secondary fan, 2 de-ashing screw conveyors super heater/grit arrestor with airlock and 3 de-ashing screw conveyors, economiser, 160 KW ID fan, chimney, 2 unit 75 KW feed pumps, deaerator reg no JH PMT 8245 approx 1.7 m did x 5.5m L with support platform and access ladder with 2 unit deaerator pumps, 5 chemical dosing pumps, and boiler control panel
1-Walking FloorApprox 18mL x 5m W driven by 3 hydraulic cylinders complete with Rexroth 30 KW hydraulic power pack with cooling fan, 5m L screw leveler driven by 3 KW gearmotor and 4 vibrator
1-Screw Feeder ConveyorApprox 6.5mL x 0.76m dia driven by gearmotor
1-Inclined ConveyorApprox 0.76m W x 1.2 m H x 24m L steel casing drag chain conveyor driven by 5.5 KW gear motor with feed hopper
4-Stoker ScrewsEach driven by 3 KW motor thru gear reducer
1-Water Treatment PlantConsisting of multimedia filter reg no JHPMT 8216 carbon filter reg no JHPMT8217, 2-softeners reg nos. JHPMT 8214 & 8215, 2-30 KW vertical pumps, 6- membrane filters, 2 cartridge filters, feed water tank, control panel, air compressor with air dryer and approx 180 ton concrete water reservoir with 3-pumps
1-Diesel GeneratorMerelli alternator, type MJB 355 MA4, 625 KVA capacity, year 2005, driven by Cummins diesel engine model VTA 28 G5, 750 hp @ 1500 rpm
1-Fuel TankApprox 6 cu m capacity with pump
1-Belt ConveyorApprox 20 m L x 600mm W
1-Weighbridge3m x 12 m steel platform with Mettler Teledo model 8530 Couger weight indicator, 60 ton capacity
1-Buffer Bin-
Electrical InstallationConsisting of main switch boards, wiring and fittings
Steam Pipings and Fittings-
    (ii) No market valuation has been undertaken to form the basis in arriving at the Purchase Consideration as it was based on an open tender.

    (iii) The approximate age of the office building erected on the leasehold land is five (5) years.

    (iv) The breakdown of funding for the Purchase Consideration is as follows:

    Source of Funding
    RM
    Internally generated funds
    5,050,000
    Bank borrowings
    3,000,000
    Purchase Consideration:
    8,050,000

    (v) The effect of the bank borrowings is not material. Based on the audited financial statements for the financial year ended 31 July 2011, the bank borrowings of RM3.0 million would increase the gearing from 14.86% to 17.49%.

    (vi) The Acquisition is not subject to the approval of the shareholders of the Company but is subject to the approval of the relevant State Authority for the transfer of the title of the Property.

    This announcement is dated 8 November 2012.


    SKPRES - Changes in Director's Interest (S135) - DATO' GAN KIM HUAT

    Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
    Company NameSKP RESOURCES BHD  
    Stock Name SKPRES  
    Date Announced8 Nov 2012  
    CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
    Reference NoCC-121108-39D71

    Information Compiled By KLSE

    Particulars of Director

    NameDATO' GAN KIM HUAT
    AddressS-5-3A, SURIA STONOR, NO. 2, LORONG STONOR, 50450 KUALA LUMPUR
    Descriptions(Class & nominal value)WARRANTS 2012/2017 ("Warrants")

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transaction
    Date of change
    No of securities
    Price Transacted (RM)
    Disposed
    06/11/2012
    1,659,500
    0.111 

    Circumstances by reason of which change has occurredDisposal of 1,659,500 (%: 0.92) Warrants in Open Market by Renown Million Sdn Bhd
    Nature of interestIndirect
    Consideration (if any) 

    Total no of securities after change

    Direct (units)21,237,676 
    Direct (%)11.8 
    Indirect/deemed interest (units)109,690,963 
    Indirect/deemed interest (%)60.94 
    Date of notice08/11/2012

    Remarks :
    Deemed interested in Renown Million Sdn Bhd, Beyond Imagination Sdn Bhd, Graceful Assessment Sdn Bhd and Zenith Highlight Sdn Bhd, by virtue of Section 6A(4) of the Companies Act, 1965.

    This announcement also serves to comply with Paragraph 14.09(a) of the Main Market Listing Requirements ("MMLR") for dealings outside closed periods in addition to Paragraph 9.19(18) of MMLR.


    ASTINO - Notice of Shares Buy Back - Immediate Announcement

    Announcement Type: Notice of Shares Buy Back - Immediate Announcement
    Company NameASTINO BERHAD  
    Stock Name ASTINO  
    Date Announced8 Nov 2012  
    CategoryNotice of Shares Buy Back - Immediate Announcement
    Reference NoCC-121108-2F859

    Date of buy back08/11/2012
    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 ($$)0.840
    Maximum price paid for each share purchased ($$)0.850
    Total consideration paid ($$)8,499.00
    Number of shares purchased retained in treasury (units)10,000
    Number of shares purchased which are proposed to be cancelled (units)0
    Cumulative net outstanding treasury shares as at to-date (units)4,595,503
    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 (%)3.35


    TOYOINK - Notice of Interest Sub. S-hldr (29A) - Ng Lu Pat

    Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
    Company NameTOYO INK GROUP BERHAD  
    Stock Name TOYOINK  
    Date Announced8 Nov 2012  
    CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
    Reference NoCS-121108-48879

    Particulars of Substantial Securities Holder

    NameNg Lu Pat
    Address30, Jalan U Thant, 55000 Kuala Lumpur.
    NRIC/Passport No/Company No.480703-10-5569
    Nationality/Country of incorporationMalaysian
    Descriptions (Class & nominal value)Ordinary Shares @ RM1.00 each
    Name & address of registered holder1. Bukit Asa Sdn. Bhd.
    Suite 16-10, Level 16,
    Wisma UOA II,
    21 Jalan Pinang,
    50450 Kuala Lumpur.

    2. Eng Lian Enterprise Sdn. Bhd.
    Nos 6 & 8, Jalan Gereja,
    3rd Floor, 50100 Kuala Lumpur.

    Date interest acquired & no of securities acquired

    CurrencyMalaysian Ringgit (MYR)
    Date interest acquired18/11/2009
    No of securities6,591,410
    Circumstances by reason of which Securities Holder has interestInterested by virtue of his substantial interest in Lu Pat Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.
    Nature of interestIndirect Interest
    Price Transacted ($$)

    Total no of securities after change

    Direct (units)
    Direct (%)
    Indirect/deemed interest (units)6,591,410 
    Indirect/deemed interest (%)15.4 
    Date of notice30/10/2012

    Remarks :
    For your information, the notice 29A dated 30 October 2012 was received by the Company on 8 November 2012.


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