December 12, 2012

Company announcements: CIMBA40, CIMBC25, AMPROP, MBSB, MMCCORP, LIONCOR, MUIIND, LIONIND

CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced12 Dec 2012  
CategoryGeneral Announcement
Reference NoOB-121212-67208

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 12-Dec-2012
IOPV per unit (RM): 1.6305
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 11,128.49

Attachments

Asean40.pdf
10 KB



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced12 Dec 2012  
CategoryGeneral Announcement
Reference NoOB-121212-67123

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 12-Dec-2012
IOPV per unit (RM): 0.9411
Units in circulation (units): 29,250,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 17,135.22

Attachments

China25.pdf
25 KB



AMPROP - OTHERS AMCORP PROPERTIES BERHAD ("AMPROP" or "Company") - EMPLOYEES' SHARE SCHEME ("ESS")

Announcement Type: General Announcement
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced12 Dec 2012  
CategoryGeneral Announcement
Reference NoAP-121212-B7A09

TypeAnnouncement
SubjectOTHERS
DescriptionAMCORP PROPERTIES BERHAD ("AMPROP" or "Company")
- EMPLOYEES' SHARE SCHEME ("ESS")

Pursuant to Paragraph 9.19(51) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, AMPROP wishes to announce that the Company has on 12 December 2012 offered a total of 6,697,500�options to the eligible Executive Directors and employees under the Employees' Share Option Scheme of the Company's ESS at an option�price of RM0.435 in accordance to the By-Laws of the Company's ESS.

The number of�options offered to the eligible Executive Directors are as follows:

(a)� Executive Chairman : 300,000

(b)� Managing Director : 300,000

(c)� Deputy Managing Director : 150,000

The options are vested on�the date of the offer and the market price of AMPROP shares at the close of the market on 12 December 2012 was RM0.48.

This announcement is dated 12 December 2012.


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

Announcement Type: General Announcement
Company NameMALAYSIA BUILDING SOCIETY BERHAD  
Stock Name MBSB  
Date Announced12 Dec 2012  
CategoryGeneral Announcement
Reference NoMI-121212-60325

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionMALAYSIA BUILDING SOCIETY BERHAD (“MBSB” OR “COMPANY”)

PROPOSED ACQUISITION BY AMBANG HARTAMAS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MBSB, OF A PROPOSED OFFICE BUILDING TO BE DEVELOPED FOR A TOTAL CASH CONSIDERATION OF RM239,236,750 (“PROPOSED ACQUISITION”)

On behalf of the Board of Directors of MBSB (“Board”), RHB Investment Bank Berhad (“RHB Investment Bank”) is pleased to announce that the Company had on 12 December 2012 acquired the entire issued and paid-up share capital of Ambang Hartamas Sdn Bhd (“Ambang Hartamas”) for a total cash consideration of RM2.00. Ambang Hartamas, which is now a wholly-owned subsidiary of MBSB will facilitate the Proposed Acquisition.

Following the above, on behalf of the Board, RHB Investment Bank is pleased to announce that Ambang Hartamas had on 12 December 2012 entered into a conditional sale and purchase agreement with P. J Sentral Development Sdn Bhd for the proposed acquisition of between 27 to 30 floors of strata office space of a proposed “Grade A” office building to be developed and identified as Tower 3 for a total cash consideration of RM239,236,750.

Please refer to the attachment below for further details of the Proposed Acquisition.

This announcement is dated 12 December 2012.



MMCCORP - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameMMC CORPORATION BERHAD  
Stock Name MMCCORP  
Date Announced12 Dec 2012  
CategoryGeneral Announcement
Reference NoMC-121212-65686

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionMMC CORPORATION BERHAD (“MMC”)
- SETTLEMENT AND RELEASE AGREEMENT ENTERED INTO BETWEEN MALAKOFF CORPORATION BERHAD (“MALAKOFF”), A 51%-OWNED SUBSIDIARY OF MMC, PRAI POWER SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MALAKOFF, NATURAL ANALYSIS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TEKNIK JANAKUASA SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MALAKOFF AND GE ENERGY PARTS INC, GE POWER SYSTEMS (MALAYSIA) SDN BHD, GENERAL ELECTRIC INTERNATIONAL INC AND GENERAL ELECTRIC COMPANY

BACKGROUND

Further to the announcement dated 3 November 2010, MMC wishes to announce that Malakoff, a 51%-owned subsidiary of MMC, Prai Power Sdn Bhd (“PPSB”) and Natural Analysis Sdn Bhd (“NASB”), has today signed a settlement and release agreement with GE Energy Parts Inc, GE Power Systems (Malaysia) Sdn Bhd, General Electric International Inc and General Electric Company (“GE Companies”) (Malakoff, PPSB, NASB, and GE Companies shall collectively be referred to as “the Parties”) (“Settlement and Release Agreement”).

The Settlement and Release Agreement among others, sets out the Parties’ agreement to mutually resolve the disputes between the Parties in connection to the damaged rotor incidents that had occurred on 11 September 2006 and 18 December 2009.These disputes are currently the subject matter of existing legal actions. As a result of the Settlement and Release Agreement, the Parties agree to, among others, immediately withdraw and discontinue the existing court actions and arbitration proceedings.

FINANCIAL IMPACT

The signing of the Settlement and Release Agreement is not expected to have any material impact on the earnings and the net assets of the MMC Group for the financial year ending 31 December 2012.

DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST

None of the directors or substantial shareholders of MMC or persons connected to them has any interest, direct or indirect in the aforesaid Settlement and Release Agreement.

This announcement is dated 12 December 2012.



LIONCOR - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameLION CORPORATION BERHAD  
Stock Name LIONCOR  
Date Announced12 Dec 2012  
CategoryGeneral Announcement
Reference NoMB-121212-65868

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDZO-121211-61638
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
DescriptionLION CORPORATION BERHAD (“LCB” OR “COMPANY”)

PROPOSED DISPOSAL OF 189,338,125 ORDINARY SHARES OF RM1.00 EACH IN LION INDUSTRIES CORPORATION BERHAD (“LICB”) (“LICB SHARES”), REPRESENTING 26.38% EQUITY INTEREST IN LICB (EXCLUDING TREASURY SHARES) BY LCB AND ITS WHOLLY-OWNED SUBSIDIARIES, PMB JAYA SDN BHD (“PMB JAYA”) AND BRIGHT STEEL SDN BHD (“BSSB”), TO TAN SRI WILLIAM H.J. CHENG (“TSWC”) AND DYNAMIC HORIZON HOLDINGS LIMITED (“DYNAMIC HORIZON”) FOR AN AGGREGATE CONSIDERATION OF RM265,000,000 (OR APPROXIMATELY RM1.40 PER LICB SHARE) (“PROPOSED DISPOSAL OF LICB SHARES”)
Query Letter Contents We refer to LIONCORP's announcement dated 7 December 2012 in respect of the
above matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

The justification for the disposal consideration of approximately RM1.40 per
LIONIND share.
The justification for the disposal consideration of approximately RM1.40 per
LIONIND share which is below the net assets per share of LIONIND of RM4.46.
Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.

Yours faithfully


WAN CHOON YEN
Senior Manager, Issuers
Listing Division
Regulation

/ ZOOS

c.c.General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)
Reference is made to the announcement dated 7 December 2012 (“Announcement”) and Bursa Malaysia Securities Berhad’s query letter dated 11 December 2012 in respect of the Proposed Disposal of LICB Shares.
Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcement.

In this respect, on behalf of the Company, AmInvestment Bank Berhad is pleased to provide further information as to your queries as follows:

Query 1: The justification for the disposal consideration of approximately RM1.40 per LICB Share
    Query 2: The justification for the disposal consideration of approximately RM1.40 per LICB Share which is below the net asset per share of LICB of RM4.46

        Reply to Query 1 and 2
              Basis of arriving at the Disposal Consideration and Justification

              The Disposal Consideration of approximately RM1.40 per LICB Share was arrived at on a willing buyer-willing seller basis after taking into consideration the following:-.

              (a) The premium over the closing price, five (5)-day VWAP, one (1)-month VWAP, three (3)-month VWAP and six (6) months VWAP at/up to 30 November 2012, being the last practicable date prior to the Announcement which ranged from 25.00% to 52.17%;
              (b) For the past three (3) years, the share price of LICB has been trading below its NA per share; and
                (c) The rationale of the Proposed Disposal of LICB Shares which is to meet the LCB Group’s debt repayment obligations and to partially reduce the LCB Group’s debt obligations and is expected to reduce the LCB Group’s gearing level from its current level of 5.90 times to 2.45 times.

        This announcement is dated 12 December 2012.


        MUIIND - Changes in Sub. S-hldr's Int. (29B) - Noble Faith Foundation, Inc

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NameMALAYAN UNITED INDUSTRIES BERHAD  
        Stock Name MUIIND  
        Date Announced12 Dec 2012  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoMU-121212-76921

        Particulars of substantial Securities Holder

        NameNoble Faith Foundation, Inc
        AddressEast Asia Chambers, P.O. Box 901, Road Town, Tortola, British Virgin Islands
        NRIC/Passport No/Company No.399914
        Nationality/Country of incorporationBritish Virgin Islands
        Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
        Name & address of registered holderNoble Faith Foundation, Inc

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired05/12/2012
        100,000
         
        Acquired06/12/2012
        100,000
         
        Acquired07/12/2012
        50,000
         

        Circumstances by reason of which change has occurredAcquisition of Malayan United Industries Berhad shares via Bursa Malaysia Securities Berhad
        Nature of interestDirect interest
        Direct (units) 
        Direct (%) 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Total no of securities after change289,008,500
        Date of notice12/12/2012


        LIONIND - Changes in Director's Interest (S135) - TAN SRI CHENG YONG KIM

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NameLION INDUSTRIES CORPORATION BERHAD  
        Stock Name LIONIND  
        Date Announced12 Dec 2012  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoLI-121212-91ECD

        Information Compiled By KLSE

        Particulars of Director

        NameTAN SRI CHENG YONG KIM
        Address1103 Apartment Desa Kudalari, Lorong Kuda, Jalan Tun Razak, 50450 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)
        Acquired
        07/12/2012
        74,472,627
        1.400 

        Circumstances by reason of which change has occurredDynamic Horizon Holdings Limited, a company wherein Tan Sri Cheng Yong Kim has a substantial interest, had on 7 December 2012 entered into a conditional share sale agreement to acquire 74,472,627 ordinary shares of RM1.00 each in Lion Industries Corporation Berhad (“LICB”) representing 10.38% of the issued and paid-up capital of LICB with voting rights at an average price of RM1.40 per share.
        Nature of interestIndirect
        Consideration (if any) 

        Total no of securities after change

        Direct (units)8,462,689 
        Direct (%)1.18 
        Indirect/deemed interest (units)76,159,640 
        Indirect/deemed interest (%)10.61 
        Date of notice12/12/2012

        Remarks :
        This disclosure also serves as a notification pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements


        LIONIND - Changes in Sub. S-hldr's Int. (29B) - TAN SRI CHENG HENG JEM

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NameLION INDUSTRIES CORPORATION BERHAD  
        Stock Name LIONIND  
        Date Announced12 Dec 2012  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoLI-121212-A41CC

        Particulars of substantial Securities Holder

        NameTAN SRI CHENG HENG JEM
        AddressA-16-1, Blok A, Satu Residensi, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur
        NRIC/Passport No/Company No.430319-71-5033
        Nationality/Country of incorporationMalaysian
        Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
        Name & address of registered holder(1)Tan Sri Cheng Heng Jem (Acquired 114,865,498 shares)
        A-16-1, Blok A, Satu Residensi
        No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
        50200 Kuala Lumpur

        (2) Lion Corporation Berhad ("LCB") (Disposed of 106,104,282 shares)
        Level 14, Office Tower
        No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
        50200 Kuala Lumpur

        (3) PMB Jaya Sdn Bhd ("PMB Jaya") (Disposed of 1,279,900 shares)
        Level 14, Office Tower
        No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
        50200 Kuala Lumpur

        (4) Bright Steel Sdn Bhd ("Bright Steel") (Disposed of 7,481,316 shares)
        Level 14, Office Tower
        No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
        50200 Kuala Lumpur

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired07/12/2012
        114,865,498
         
        Disposed07/12/2012
        106,104,282
         
        Disposed07/12/2012
        1,279,900
         
        Disposed07/12/2012
        7,481,316
         

        Circumstances by reason of which change has occurredTan Sri Cheng Heng Jem had on 7 December 2012 entered into two conditional share sale agreements to acquire a total of 114,865,498 ordinary shares of RM1.00 each in Lion Industries Corporation Berhad from LCB (a company wherein Tan Sri Cheng Heng Jem has a substantial interest) and its wholly-owned subsidiaries, PMB Jaya and Bright Steel
        Nature of interestDirect and Indirect
        Direct (units) 
        Direct (%) 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Total no of securities after change338,166,218
        Date of notice12/12/2012


        LIONIND - Notice of Interest Sub. S-hldr (29A) - DYNAMIC HORIZON HOLDINGS LIMITED

        Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
        Company NameLION INDUSTRIES CORPORATION BERHAD  
        Stock Name LIONIND  
        Date Announced12 Dec 2012  
        CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
        Reference NoLI-121212-A3862

        Particulars of Substantial Securities Holder

        NameDYNAMIC HORIZON HOLDINGS LIMITED
        AddressP.O. Box 957
        Offshore Incorporations Centre
        Road Town, Tortola
        British Virgin Islands
        NRIC/Passport No/Company No.1742985
        Nationality/Country of incorporationBritish Virgin Islands
        Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
        Name & address of registered holderDynamic Horizon Holdings Limited (“Dynamic Horizon”)
        P.O. Box 957
        Offshore Incorporations Centre
        Road Town, Tortola
        British Virgin Islands

        Date interest acquired & no of securities acquired

        CurrencyMalaysian Ringgit (MYR)
        Date interest acquired07/12/2012
        No of securities74,472,627
        Circumstances by reason of which Securities Holder has interestDynamic Horizon had on 7 December 2012 entered into a conditional share sale agreement to acquire 74,472,627 ordinary shares of RM1.00 each in Lion Industries Corporation Berhad.
        Nature of interestDirect
        Price Transacted ($$)

        Total no of securities after change

        Direct (units) 
        Direct (%) 
        Indirect/deemed interest (units) 
        Indirect/deemed interest (%) 
        Date of notice12/12/2012


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