December 4, 2012

Company announcements: MARCO, F&N, MUIIND, JTIASA, KTB, LUSTER, UEMLAND, GAMUDA, SPRITZR, SCOMIEN-LA

MARCO - MARCO-Exercise of Warrants 2004/2014 ("Exercise of Warrants")

Announcement Type: Listing Circular
Company NameMARCO HOLDINGS BERHAD  
Stock Name MARCO  
Date Announced4 Dec 2012  
CategoryListing Circular
Reference NoSM-121204-41036

LISTING'S CIRCULAR NO. L/Q : 66703 OF 2012

Kindly be advised that the abovementioned Company’s additional 370,200 new ordinary shares of RM0.10 each arising from the aforesaid Exercise of Warrants will be granted listing and quotation with effect from 9.00 a.m., Thursday, 6 December 2012.


F&N - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameFRASER & NEAVE HOLDINGS BHD  
Stock Name F&N    
Date Announced4 Dec 2012  
CategoryAdditional Listing Announcement (ALA)
Reference NoF&-121204-3F9AB

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal15,200
Issue price per share ($$)MYR 10.470
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units363,493,301
CurrencyMYR 363,493,301.000
Listing Date05/12/2012


MUIIND - MUIIND-Conversion of: (i) RM6,014 nominal value of Class A1 Irredeemable Convertible Unsecured Loan Stocks ("ICULS"); (ii) RM6,014 nominal value of Class A2 ICULS; and (iii) RM1,578 nominal value of Class A3 ICULS into 13,606 new ordinary shares ("Conversion of ICULS")

Announcement Type: Listing Circular
Company NameMALAYAN UNITED INDUSTRIES BERHAD  
Stock Name MUIIND  
Date Announced4 Dec 2012  
CategoryListing Circular
Reference NoSM-121203-62928

LISTING'S CIRCULAR NO. L/Q : 66704 OF 2012

Kindly be advised that the abovementioned Company’s additional 13,606 new ordinary shares of RM1.00 each arising from the aforesaid Conversion of ICULS will be granted listing and quotation with effect from 9.00 a.m., Thursday, 6 December 2012.



JTIASA - Changes in Director's Interest (S135) - Dato' Sri Tiong Chiong Hoo (Amended Announcement)

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameJAYA TIASA HOLDINGS BHD  
Stock Name JTIASA  
Date Announced4 Dec 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoJT-121204-37840

Information Compiled By KLSE

Particulars of Director

NameDato' Sri Tiong Chiong Hoo
Address63-65, Lorong Upper Lanang 10A, 96000 Sibu, Sarawak
Descriptions(Class & nominal value)Ordinary share of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
03/12/2012
101,000
1.989 

Circumstances by reason of which change has occurredAcquisition from the open market by Hoojin Holding Sdn Bhd (Hoojin) in which Dato' Sri Tiong Chiong Hoo is deemed interested by virtue of his substantial shareholdings in Hoojin.
Nature of interestIndirect Interest
Consideration (if any)RM201,741.81 

Total no of securities after change

Direct (units)3,353,436 
Direct (%)0.35 
Indirect/deemed interest (units)101,000 
Indirect/deemed interest (%)0.01 
Date of notice03/12/2012

Remarks :
1. The acquisition of 101,000 ordinary shares of RM1.00 each by Hoojin Holding Sdn Bhd represents 0.01% of the total issued and paid-up capital of the Company (based on the total issued and paid-up capital of the Company of RM973,717,797 net of 5,719,000 treasury shares as at 3 December 2012).

2. Direct Interest:-
i) 45,936 shares registered in the name of Tiong Chiong Hoo.
ii) 3,307,500 shares registered in the name of Maybank Nominees (Tempatan) Sdn Bhd.
-----------
3,353,436
=========

3. Indirect Interest:-
101,000 shares registered in the name of Hoojin Holding Sdn Bhd.


KTB - PRACTICE NOTE 1 / GUIDANCE NOTE 5:NEW DEFAULT

Announcement Type: General Announcement
Company NameKONSORTIUM TRANSNASIONAL BERHAD  
Stock Name KTB  
Date Announced4 Dec 2012  
CategoryGeneral Announcement
Reference NoKT-121204-40769

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
NEW DEFAULT
DescriptionKONSORTIUM TRANSNASIONAL BERHAD ("KTB" or "the Company") - Default in payment pursuant to Practice Note 1 ("PN 1") of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

1.� INTRODUCTION

The Board of Directors of KTB wishes to announce that the Company has defaukted on its repayment of principal in respect of banking facilities granted by Bank Kerjasama Rakyat Malaysia Berhad ("Bank Rakyat") and pursuant thereto, Bank Rakyat had served its Writ of Summons and Statement of Claims on KTB on 3 December 2012. The details of the said banking facilities and the default payment as per Bank Rakyat's Statement of Claims are as follow:-

Name of BorrowerCreditor BankType of FacilityTotal outstanding in default
KTBBank RakyatBai Bithaman Ajil Facility of RM30 millionRM12,915,502.90
KTBBank RakyatBai Bithaman Ajil Facility of RM50 millionRM9,576,032.26

2.� REASON FOR DEFAULT

KTB is unable to service and repay its debts to the creditor as its cashflow has been constricted due to the operational losses incurred over the last three (3) financial years.

The operational losses incurred over the last three (3) financial years was due to the losses of the stage bus division primarily due to the increase of operation costs and the restriction against increasing the bus fares. Due to the Company's continued presentation�on the�solutions and recommendations that would increase the viability of the stage bus sector to the policy-makers and the regulating authorities, in December 2011, the federal government had approved a fund of RM400 million to assist the private stage bus companies which were facing financial problems in continuing their operations.

Subsequent to the approval of the said fund, the Company's stage bus subsidiaries have entered into Stage Bus Support Fund Agreements with the Land Public Transport Commission ("SPAD") for the utilization and disbursement of the said fund in order to ensure the continuity of the stage bus services in the country. As a result of the said assistance, the cumulative losses of the Company was reduced�by approximately RM2 million�as at 30 September 2012 and the cumulative lossess will be further significantly reduced by the end of financial year 2013.

We believe that with the continued support of the federal government on the stage bus sector, the stage bus sector will return to robust health as evidenced in the Company's third quarter result, whereby the Company has recorded a profit after tax of RM2,064,000.00.

3. MEASURES TO ADDRESS THE DEFAULT

The Company will be negotiating with the creditor bank for installment payments of the outstanding loan sum with the objective of settling the claims amicably with the creditor bank.

4. LEGAL IMPLICATION OF THE DEFAULT

The creditor bank has indicated in its Writ of Summons that the failure�of the Company to enter appreance and/or to settle the outstanding loan sum, they will proceed to obtain judgment and implementation of the said judgment which may lead to a winding-up petition being served on the Company for failure to make payment under the said judgment.

5. BUSINES, FINANCIAL AND OPERATIONAL IMPACT OF THE DEFAULT

The default will not materially affect the business, operations and the cash flow of the Company.

6. CROSS DEFAULT

The default may trigger a cross default with the Company's other lenders. Nevertheless, the Company is taking a proactive approaches to negotiate with the respective lenders to arrive at an amicable arrangement for both parties.

7. SOLVENCY DECLARATION

The Board of Directors is of the opinion that KTB is solvent and will be able to repay all its debts as and when they fall due within the period of twelve (12) months from the date of this announcement. The Company undertakes to provide Bursa Malayia Securities Berhad, the Solvency Declaration duly executed by its Board of Directors within three (3) market days from the date of this announcement.

This announcement is dated 4 December 2012.



LUSTER - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameLUSTER INDUSTRIES BHD.  
Stock Name LUSTER  
Date Announced4 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121204-54362

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionLUSTER INDUSTRIES BHD (“LIB” OR THE “COMPANY”)
Monthly Announcement on the status of Regularisation Plan pursuant to Practice Note 17 of the Listing Requirements of Bursa Malaysia Securities Berhad

We refer to the announcement made by LIB on 25 February 2011 and the subsequent announcements in relation to its Proposed Revised Regularisation Plan.

Further to the monthly announcement made by the Company on�1�November 2012,�the Board of Directors of LIB ("Board") wishes to inform that the Proposed Revised Regularisation Plan had been completed on 12 June 2012. Please refer to the announcement dated 12 June 2012 for further information.

LIB will make an application to Bursa Malaysia Securities Berhad for an upliftment from its PN17 status upon recording a net profit in two (2) consecutive quarters immediately after the completion and implementation of the Proposed Revised Regularisation Plan.

This announcement is dated 4 December 2012.

Copy to:
Issues & Investment Division
Securities Commission
No. 3, Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur




UEMLAND - 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 NameUEM LAND HOLDINGS BERHAD  
Stock Name UEMLAND  
Date Announced4 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoUL-121204-C1662

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
AddressLEVEL 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 ("CITIGROUP")
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)
Acquired29/11/2012
80,000
 

Circumstances by reason of which change has occurredAcquisition of shares in open market
Nature of interestDirect
Direct (units)252,032,694 
Direct (%)5.82 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change252,032,694
Date of notice30/11/2012

Remarks :
Direct interest of 252,032,694 shares comprise:
1) Citigroup EPF Board - 215,108,694 shares
2) EPF Board - 2,772,500 shares
3) Citigroup EPF Board (AMUNDI) - 1,500,000 shares
4) Citigroup EPF Board (KIB) - 2,849,000 shares
5) Citigroup EPF Board (HDBS) - 5,238,000 shares
6) Citigroup EPF Board (RHB INV) - 2,319,800 shares
7) Citigroup EPF Board (AM INV) - 9,300,000 shares
8) Citigroup EPF Board (MAYBAN) - 700,000 shares
9) Citigroup EPF Board (ALLIANCE) - 4,000,000 shares
10) Citigroup EPF Board (NOMURA) - 3,000,000 shares
11) Citigroup EPF Board (CIMB PRI) - 3,489,700 shares
11) Citigroup EPF Board (ARIM) - 1,755,000 shares

The Form 29B dated 30 November 2012 was received by the Company on 4 December 2012.

cc. Securities Commission


GAMUDA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameGAMUDA BERHAD  
Stock Name GAMUDA  
Date Announced4 Dec 2012  
CategoryAdditional Listing Announcement (ALA)
Reference NoGG-121203-57534

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrants (GAMUDA-WD)
No. of shares issued under this corporate proposal1,000
Issue price per share ($$)MYR 2.660
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units2,084,547,816
CurrencyMYR 2,084,547,816.000
Listing Date05/12/2012


SPRITZR - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameSPRITZER BHD  
Stock Name SPRITZR  
Date Announced4 Dec 2012  
CategoryAdditional Listing Announcement (ALA)
Reference NoSS-121203-64203

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal191,000
Issue price per share ($$)MYR 0.750
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units130,977,666
CurrencyMYR 65,488,833.000
Listing Date05/12/2012


SCOMIEN-LA - Loan Stock Interest

Announcement Type: Entitlements (Notice of Book Closure)
Company NameSCOMI ENGINEERING BHD  
Stock Name SCOMIEN-LA  
Date Announced4 Dec 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoSE-121126-53665

EX-date19/12/2012
Entitlement date21/12/2012
Entitlement time05:00:00 PM
Entitlement subjectLoan Stock Interest
Entitlement descriptionCoupon of four per cent (4%) per annum (less Malaysian income or withholding tax applicable thereto which is required to be deducted) for Irredeemable Convertible Unsecured Loan Stocks ("ICULS").
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Payment date 31/12/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers21/12/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorPercentage
Entitlement in percentage (%)4

Remarks :
Coupon of four per cent (4%) per annum (less any Malaysian income or withholding tax applicable thereto to be deducted if required) for ICULS.


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