December 21, 2012

Company announcements: CHHB, MAXIS, MKH, HSL, KENANGA, AEON, OSKPROP, KELADI

CHHB - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameCOUNTRY HEIGHTS HOLDINGS BHD  
Stock Name CHHB  
Date Announced21 Dec 2012  
CategoryGeneral Announcement
Reference NoCH-121221-62923

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionCOUNTRY HEIGHTS HOLDINGS BERHAD ("CHHB" or "THE COMPANY")
-INVOLVEMENT IN LITIGATION-HIGH COURT OF MALAYA, SUMMON NO. S21-19-2010 (GOVERNMENT OF MALAYSIA VS CHHB)

Further to the writ of Summon No. S21-19-2010 and statement of claim by the Government of Malaysia and our announcement dated 8 February 2010, the Government of Malaysia (“Plaintiff”) has filed a claim against the Company for RM22,617,311.49 for Real Property Gain Tax for the years of assessment 1993, 1998 and 1999 together with interest at 8% thereon. The High Court dismissed CHHB 's Order 14A application for determination of a point of law in this connection . A Notice of Appeal and Application for stay of proceedings was filed and served. CHHB’s Stay Application and Appeal was dismissed with cost.

Subsequently, an appeal was filed to appeal before the Special Commissioners of Income Tax against the Real Property Gain Tax assessments raised by Inland Revenue Board (“IRB”) for the years of assessment 1993, 1998 and 1999. The hearing was fixed on 16th and 17th October 2012. The appeal proceeded on 16th and 17th October 2012 and the Special Commissioners has directed the Inland Revenue Board to file a written submission by 23 January 2013 and CHHB to file a written submission by 25 February, 2013. CHHB intends to pursue the appeal against the said real property gains tax assessments as they have been raised on CHHB who is the acquirer of assets and not the disposer of assets. CHHB is of the view that the assessments have been raised unlawfully and are on the wrong party .

The Plaintiff has filed a summary judgment application and the same was fixed for hearing on 12 December 2012. The Court has fixed 21 December 2012 for clarification/decision of the Plaintiff’s application for summary judgment.

The Board wishes to announce that on 21 December 2012, the Court allowed the Plaintiff’s Summary Judgment application. CHHB will file an appeal with the Court of Appeal as well as seek a stay of execution of the judgment.

In the event that the appeal against the assessments is finally determined in favour of the IRB and/or an appeal against the summary judgment or for the stay of execution is unsuccessful, CHHB is in possession of tax retention sum amounting to RM11,214,000.00 which can be used to settle the claim. The balance RM11,403,311.49 would need to be paid by CHHB.

This announcement is dated 21 December 2012.



MAXIS - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NameMAXIS BERHAD  
Stock Name MAXIS  
Date Announced21 Dec 2012  
CategoryChange in Principal Officer
Reference NoMM-121221-54961

Date of change01/07/2013
NameJohan Eric Dennelind
Age43
NationalitySwedish
Type of changeAppointment
DesignationChief Executive Officer
QualificationsUniversity of rebro, Sweden - Master of Science in Business Administration
INSEAD - Executive Management Program
London Business School - Brand Academy
Working experience and occupation 2010 - current: Executive Chairman Vodacom International Limited and Chief Executive Officer, Vodacom International at Vodacom Group, South Africa
2008 - 2010: Chief Executive Officer, DiGi.COM Berhad, Malaysia
2006 - 2007: Chief Marketing Officer, DiGi.COM Berhad, Malaysia
2004 - 2006: Chief Financial Officer, DiGi.COM Berhad, Malaysia
2002 - 2004: Deputy Chief Executive Officer, Telenor AB, Sweden
2000 - 2002: Chief Financial Officer, Telenor AB, Sweden
1999 - 2000: Director of International Business Development, Nextra (a wholly owned subsidiary of Telenor Group)
1995 - 1999: Director of Internet/Finance Manager/Project Director, TeliaSonera, Sweden
1994 - 1995: Founder and Partner, Opticon Consulting, Sweden
Directorship of public companies (if any)Executive Chairman Vodacom International Limited and Chief Executive Officer, Vodacom International, Vodacom Group, South Africa (Note: Mr Dennelind has tendered his resignation from these positions)
Family relationship with any director and/or major shareholder of the listed issuerNone
Any conflict of interests that he/she has with the listed issuer or its subsidiariesNone
Details of any interest in the securities of the listed issuer or its subsidiariesNone

Remarks :
Please also refer to the Company's Media Release titled "Maxis Announces Appointment of New CEO effective 1 July 2013" as announced on 21 December 2012


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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAXIS BERHAD  
Stock Name MAXIS  
Date Announced21 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMM-121221-DE1A1

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board ("EPF 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 RM0.10 each in Maxis Berhad ("Maxis Shares")
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
EPF Board
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
- in respect of the acquisition of 4,000,000 Maxis Shares

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
- in respect of the acquisition of 350,000 Maxis Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/12/2012
4,350,000
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect and indirect
Direct (units)516,763,200 
Direct (%)6.89 
Indirect/deemed interest (units)54,482,600 
Indirect/deemed interest (%)0.73 
Total no of securities after change571,245,800
Date of notice19/12/2012

Remarks :
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 19 December 2012 and received by the Company on 21 December 2012.

The registered holders of the 571,245,800 Maxis Shares are as follows:-

Directly held
1. Citigroup Nominees (Tempatan) Sdn Bhd
EPF Board
- in respect of 516,763,200 Maxis Shares

Held through nominee
2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (AMUNDI)
- in respect of 2,134,800 Maxis Shares

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (HDBS)
- in respect of 3,572,100 Maxis Shares

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (RHB INV)
- in respect of 739,100 Maxis Shares

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (AM INV)
- in respect of 4,337,600 Maxis Shares

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (MAYBAN)
- in respect of 300,000 Maxis Shares

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ALLIANCE)
- in respect of 3,156,000 Maxis Shares

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)
- in respect of 16,770,900 Maxis Shares

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (CIMB PRI)
- in respect of 20,292,000 Maxis Shares

10. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (ARIM)
- in respect of 1,350,000 Maxis Shares

11. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (TEMPLETON)
- in respect of 1,830,100 Maxis Shares


MKH - OTHERS MKH BERHAD ("MKH" or "the Company") - Proposed Renewal Of Authority For The Company To Purchase Its Own Shares ("Proposed Renewal Of Share Buy-Back")

Announcement Type: General Announcement
Company NameMKH BERHAD  
Stock Name MKH  
Date Announced21 Dec 2012  
CategoryGeneral Announcement
Reference NoM--121221-59533

TypeAnnouncement
SubjectOTHERS
DescriptionMKH BERHAD ("MKH" or "the Company")
- Proposed Renewal Of Authority For The Company To Purchase Its Own Shares ("Proposed Renewal Of Share Buy-Back")

The Board of Directors of MKH wishes to announce that the Company intends to seek shareholders' approval for the Proposed Renewal of Share Buy-Back at the forthcoming Thirty-Third Annual General Meeting.

A statement containing information on the above will be issued at a later date.

This announcement is dated 21 December 2012.



HSL - Changes in Sub. S-hldr's Int. (29B) - Yii Chee Sing

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHOCK SENG LEE BERHAD  
Stock Name HSL  
Date Announced21 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoHS-121221-D4D9A

Particulars of substantial Securities Holder

NameYii Chee Sing
AddressLot 253, Block 15, Salak Land District
Kasuma Resort, Jalan Stadium Petra Jaya
93050 Kuching, Sarawak
NRIC/Passport No/Company No.680627-13-5403
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderPlease refer remarks below

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/12/2012
70,000
1.470 

Circumstances by reason of which change has occurredOpen Market Purchase
Nature of interestDirect
Direct (units)3,624,942 
Direct (%)0.652 
Indirect/deemed interest (units)321,267,207 
Indirect/deemed interest (%)57.761 
Total no of securities after change3,624,942
Date of notice21/12/2012

Remarks :
Percentage of holding has been computed after taking into account 26,471,381 ordinary shares bought back by the Company.

Yii Chee Sing
Lot 253, Block 15, Salak Land District, Kasuma Resort, Jalan Stadium Petra Jaya, 93050 Kuching, Sarawak
Total no. of shares after change: 3,624,942

TOTAL NO. OF SHARES HELD BY YII CHEE SING: 3,624,942

Deemed interest by virtue of Yii Chee Sing's 16.67% shareholdings in Hock Seng Lee Enterprise Sdn Bhd


KENANGA - OTHERS K & N KENANGA HOLDINGS BERHAD ("KENANGA HOLDINGS" or "COMPANY") ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(23) OF MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD IN RELATION TO THE PROPOSED ACQUISITION BY KENANGA INVESTORS BERHAD,A SUBSIDIARY OF KENANGA HOLDINGS, OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF ING FUNDS BERHAD (“PROPOSED ACQUISITION”)

Announcement Type: General Announcement
Company NameK & N KENANGA HOLDINGS BERHAD  
Stock Name KENANGA  
Date Announced21 Dec 2012  
CategoryGeneral Announcement
Reference NoK&-121221-48949

TypeAnnouncement
SubjectOTHERS
DescriptionK & N KENANGA HOLDINGS BERHAD ("KENANGA HOLDINGS" or "COMPANY")

ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(23) OF MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD IN RELATION TO THE PROPOSED ACQUISITION BY KENANGA INVESTORS BERHAD,A SUBSIDIARY OF KENANGA HOLDINGS, OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF ING FUNDS BERHAD (“PROPOSED ACQUISITION”)

We are pleased to announce that Kenanga Investors Berhad, a wholly-owned fund management subsidiary of Kenanga Investment Bank Berhad, which in turn is the subsidiary of Kenanga Holdings, has entered into a conditional Sale and Purchase Agreement to acquire 100% interest in ING Funds Berhad (“IFB”). IFB is owned by IFB Management Holdings Sdn Bhd (70% equity interest) with its joint venture partner Tab Inter-Asia Services Sdn Berhad (30% equity interest).

The Proposed Acquisition is subject to the relevant regulatory approvals, and is expected to be completed by end of first quarter 2013.Further information relating to the Proposed Acquisition is set out in the press release as enclosed herein.

Please note that the percentage ratio for the Proposed Acquisition is not more than 5%. However, this announcement is made in accordance with the requirement of paragraph 9.19(23) of Chapter 9 of the Main Market Listing Requirements.

This announcement is dated 21 December 2012.



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

Announcement Type: General Announcement
Company NameAEON CO. (M) BHD  
Stock Name AEON  
Date Announced21 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121221-D7913

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified on the changes of his indirect interest in the securities of the Company, details as set out in Table 1 hereunder.

The announcement is dated 21 December 2012.
Table 1 Ordinary Shares
Name of Director
Name of Registered Holder
Date of Disposal
Number of Shares Disposed
Price Per Share
% of Issued Shares
Dato’ Abdullah Bin Mohd Yusof
Status Resources Sdn Bhd *
21 December 2012
20,000
RM13.06
0.0057

* Deemed interested by virtue of Section 6A(4)(c) of the Companies Act, 1965.


AEON - Changes in Director's Interest (S135) - Dato' Abdullah bin Mohd Yusof

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameAEON CO. (M) BHD  
Stock Name AEON  
Date Announced21 Dec 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-121221-D79EE

Information Compiled By KLSE

Particulars of Director

NameDato' Abdullah bin Mohd Yusof
AddressNo. 28, Jalan Setia Murni 12, Bukit Damansara, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
21/12/2012
20,000
13.060 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)526,000 
Direct (%)0.1499 
Indirect/deemed interest (units)1,067,800 
Indirect/deemed interest (%)0.3042 
Date of notice21/12/2012

Remarks :
The total indirect interest of 1,067,800 ordinary shares of RM1.00 each are held as follows:

i) 917,800 ordinary shares of RM1.00 each are registered in the name of Status Resources Sdn Bhd; and

ii) 150,000 ordinary shares of RM1.00 each are registered in the name of Public Nominees (Tempatan) Sdn Bhd - pledged securities account for Status Resources Sdn Bhd.


OSKPROP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameOSK PROPERTY HOLDINGS BERHAD  
Stock Name OSKPROP  
Date Announced21 Dec 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoOP-121221-64058

Date of buy back21/12/2012
Description of shares purchasedOrdinary Shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)403,600
Minimum price paid for each share purchased ($$)0.982
Maximum price paid for each share purchased ($$)0.982
Total consideration paid ($$)397,883.61
Number of shares purchased retained in treasury (units)403,600
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)677,300
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 (%)0.28


KELADI - Quarterly rpt on consolidated results for the financial period ended 31/10/2012

Announcement Type: Financial Results
Company NameKELADI MAJU BHD  
Stock Name KELADI  
Date Announced21 Dec 2012  
CategoryFinancial Results
Reference NoCQ-121217-56286

Financial Year End31/01/2013
Quarter3
Quarterly report for the financial period ended31/10/2012
The figureshave not been audited

Attachments

Oct 12.doc
113 KB

Oct 12.xls
135 KB


Remarks :
Copy To: Securities Commission
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/10/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/10/2012
31/10/2011
31/10/2012
31/10/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
15,497
6,450
57,977
33,681
2Profit/(loss) before tax
36,575
4,902
52,060
15,335
3Profit/(loss) for the period
35,483
3,712
47,093
11,430
4Profit/(loss) attributable to ordinary equity holders of the parent
35,329
3,565
46,510
10,976
5Basic earnings/(loss) per share (Subunit)
4.66
0.47
6.13
1.45
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 ($$)
0.3100
0.2600
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


No comments:

Post a Comment