SEAL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | SEAL INCORPORATED BERHAD |
Stock Name | SEAL |
Date Announced | 11 Dec 2012 |
Category | General Announcement |
Reference No | CC-121211-50214 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | SEAL INCORPORATED BERHAD ("SEAL" or "the Company") - Proposed Disposal of Assets by Great Eastern Mills Berhad, a subsidiary of SEAL to its shareholder, Kompleks Perkayuan Kelantan Sdn Bhd for a total consideration of RM8,500,000/- ("Proposed Disposal") |
On behalf of the Board of Directors of Seal Incorporated Berhad ("SEAL" or "the Company"), we wish to announce that Great Eastern Mills Berhad ("GEM" or "Seller"), a subsidiary of SEAL had on 11 December 2012 entered into a Sale and Purchase of Assets Agreement ("SPA") with GEM's shareholder, Kompleks Perkayuan Kelantan Sdn Bhd ("KPK" or "Purchaser") to dispose off the following assets to KPK for a total consideration of RM8,500,000/- ("Purchase Consideration"): a) two million (2,000,000) ordinary shares of RM1.00 each in Kelantan Lumber Products Sdn. Berhad (Company No. 46025-H) ("KLP"), a wholly-owned subsidiary company of GEM, which represents the entire issued and paid-up shares in KLP ("Sale Shares"). The Seller also acknowledges that the Company is the holder of sawmill license which is granted by Jabatan Perhutanan Negeri Kelantan; and b) a piece of leasehold land held under H.S.(D) 7897, PT 3976, Mukim Kuala Nal, Daerah Batu Mengkebang, Jajahan Kuala Krai, Kuala Nal, Kelantan Darul Naim measuring approximately thirty (30) acres ("Land") which is presently charged in favour of SEAL. Please refer to the attached file for the full text of the announcement. This announcement is dated�11 December 2012. |
SEAL - MATERIAL LITIGATION
Company Name | SEAL INCORPORATED BERHAD |
Stock Name | SEAL |
Date Announced | 11 Dec 2012 |
Category | General Announcement |
Reference No | CC-121211-49866 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | SEAL INCORPORATED BERHAD ("SEAL" or "the Company") - Winding up petition no. 28BCC-841-10/2012 by Timber Employees Union, Peninsular Malaysia against Great Eastern Mills Berhad, a 60% owned subsidiary of SEAL |
We refer to our earlier announcements dated 10 August 2012, 28 August 2012, 30 August 2012, 2 October 2012, 15 October 2012 and 18 October 2012 respectively. On behalf of the Board of Directors of Seal Incorporated Berhad ("SEAL" or "the Company"), we wish to announce that its subsidiary, Great Eastern Mills Berhad ("GEM") had on 11 December 2012 entered into a Settlement Agreement with GEM's shareholder, Kompleks Perkayuan Kelantan Sdn Bhd ("KPK") and Timber Employee Union, Peninsular Malaysia ("the Trade Union") to settle the Trade Union's claim against GEM of the sum of RM4,976,531.18 ("Trade Union Debt") upon the following terms and such other conditions as stated in the Settlement Agreement: i) KPK has agreed to assume the Trade Union Debt on behalf of GEM in consideration of GEM renouncing in favour of KPK its right absolutely over a logging concession right over lands measuring approximately 7,049 acres which was granted by the Perbadanan Kemajuan Iktisad Negeri Kelantan ("PKINK") pursuant to an agreement dated 14 March 2004 and upon the rescission of the Supplemental Agreement between GEM and Trade Union dated 20 August 2008 ("Concession Right"); ii) In consideration of KPK's agreement to assume and settle the Trade Union Debt on behalf of GEM, the Trade Union hereby agrees: ��� a) not later than seven (7) business days from the date of the Settlement Agreement, to withdraw the winding-up petition or any other claim, suit, demand or any other�legal proceeding whatsoever initiated by the Trade Union against GEM in relation to the Trade Union Debt with no liberty to file afresh against GEM and with no order to the costs; and �� b) not to institute any legal proceeding against GEM in respect of the Trade Union Debt for any reason whatsoever. iii) Upon the withdrawal of the winding-up�petition and for the removal of doubt, the supplemental agreement between GEM and the Trade Union�dated 20 August 2008 shall be deemed rescinded free from any claims and liabilities. For the avoidance of doubt,�the Settlement�Agreement shall record the final terms and supersede any previous agreement entered into or agreed upon between GEM and the Trade Union in relation to the settlement of the Trade Union Debt.�GEM, KPK and the Trade Union�further agree that pursuant to the execution of�the�Settlement�Agreement, any previous court order or award granted with regard to the settlement of the Trade Union Debt shall cease to be enforceable. This announcement is dated 11 December 2012. |
TA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
Company Name | TA ENTERPRISE BERHAD |
Stock Name | TA |
Date Announced | 11 Dec 2012 |
Category | General Announcement |
Reference No | TE-121211-62846 |
Type | Announcement | ||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||
Description | DEALINGS IN SECURITIES BY DIRECTOR DURING CLOSED PERIOD | ||||||||||||
We refer to the notification by Datuk Tiah Thee Kian, the Non-Independent Non-Executive Chairman of the Company, on 20 November 2012 of his intention to deal in securities of the Company during closed period. We, on behalf of Datuk Tiah, wish to inform of the dealings in the securities of the Company by Datuk Tiah, particulars of which are set out in the table below.
This announcement is dated 11 December 2012. |
KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Huat
Company Name | KIM HIN INDUSTRY BERHAD |
Stock Name | KIMHIN |
Date Announced | 11 Dec 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-121211-7756A |
Particulars of substantial Securities Holder
Name | Chua Seng Huat |
Address | 128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak |
NRIC/Passport No/Company No. | 610510-13-5545 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Registered holders of the shares after the change are as follows: i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Chua Seng Huat : 1,243,225 - No change ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/12/2012 | 43,000 | 1.250 |
Acquired | 06/12/2012 | 65,000 | 1.250 |
Acquired | 07/12/2012 | 65,000 | 1.250 |
Acquired | 10/12/2012 | 10,000 | 1.250 |
Remarks : |
The calculation of the percentage of interest excludes treasury shares of 15,376,900 |
KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Kim Hin (Malaysia) Sdn Bhd
Company Name | KIM HIN INDUSTRY BERHAD |
Stock Name | KIMHIN |
Date Announced | 11 Dec 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-121211-7756E |
Particulars of substantial Securities Holder
Name | Kim Hin (Malaysia) Sdn Bhd |
Address | 4 1/2 Mile, Kung Phin Road, Off Penrissen Road, 93250 Kuching, Sarawak |
NRIC/Passport No/Company No. | 90188-W |
Nationality/Country of incorporation | Incorporated in Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Registered holders of the shares after the change are as follows: i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change ii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/12/2012 | 43,000 | 1.250 |
Acquired | 06/12/2012 | 65,000 | 1.250 |
Acquired | 07/12/2012 | 65,000 | 1.250 |
Acquired | 10/12/2012 | 10,000 | 1.250 |
Remarks : |
The calculation of the percentage of interest excludes treasury shares of 15,376,900 |
KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Khoon
Company Name | KIM HIN INDUSTRY BERHAD |
Stock Name | KIMHIN |
Date Announced | 11 Dec 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-121211-7756D |
Particulars of substantial Securities Holder
Name | Chua Seng Khoon |
Address | 128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak |
NRIC/Passport No/Company No. | 660429-13-5121 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Registered holders of the shares after the change are as follows: i) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change ii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/12/2012 | 43,000 | 1.250 |
Acquired | 06/12/2012 | 65,000 | 1.250 |
Acquired | 07/12/2012 | 65,000 | 1.250 |
Acquired | 10/12/2012 | 10,000 | 1.250 |
Remarks : |
The calculation of the percentage of interest excludes treasury shares of 15,376,900 |
KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Yew Lin
Company Name | KIM HIN INDUSTRY BERHAD |
Stock Name | KIMHIN |
Date Announced | 11 Dec 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-121211-7756C |
Particulars of substantial Securities Holder
Name | Chua Yew Lin |
Address | 128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak |
NRIC/Passport No/Company No. | 630511-13-5254 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Registered holders of the shares after the change are as follows: i) Chua Yew Lin : 332,400 - No change ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/12/2012 | 43,000 | 1.250 |
Acquired | 06/12/2012 | 65,000 | 1.250 |
Acquired | 07/12/2012 | 65,000 | 1.250 |
Acquired | 10/12/2012 | 10,000 | 1.250 |
Remarks : |
The calculation of the percentage of interest excludes treasury shares of 15,376,900 |
KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Pauline Getrude Chua Hui Lin
Company Name | KIM HIN INDUSTRY BERHAD |
Stock Name | KIMHIN |
Date Announced | 11 Dec 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-121211-7756B |
Particulars of substantial Securities Holder
Name | Pauline Getrude Chua Hui Lin |
Address | 1, Sin Juak Garden, Jalan Rengas, Kuching-By-Pass, 93300 Kuching, Sarawak |
NRIC/Passport No/Company No. | 620507-13-6044 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Registered holders of the shares after the change are as follows: i) Pauline Getrude Chua Hui Lin : 328,900 - No change ii) Charles Pan Chyi (spouse) : 14,350 - No change [Deemed interest by virtue of Section 134(12)(c) of the Companies Act, 1965] iii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change iv) Kim Hin (Malaysia) Sdn Bhd : 21,344,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/12/2012 | 43,000 | 1.250 |
Acquired | 06/12/2012 | 65,000 | 1.250 |
Acquired | 07/12/2012 | 65,000 | 1.250 |
Acquired | 10/12/2012 | 10,000 | 1.250 |
Remarks : |
The calculation of the percentage of interest excludes treasury shares of 15,376,900 |
KIMHIN - Changes in Sub. S-hldr's Int. (29B) - Chua Seng Guan
Company Name | KIM HIN INDUSTRY BERHAD |
Stock Name | KIMHIN |
Date Announced | 11 Dec 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-121211-7755F |
Particulars of substantial Securities Holder
Name | Chua Seng Guan |
Address | 128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak |
NRIC/Passport No/Company No. | 580122-13-5151 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Registered holders of the shares after the change are as follows: i) Chua Seng Guan : 566,000 - No change ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/12/2012 | 43,000 | 1.250 |
Acquired | 06/12/2012 | 65,000 | 1.250 |
Acquired | 07/12/2012 | 65,000 | 1.250 |
Acquired | 10/12/2012 | 10,000 | 1.250 |
Remarks : |
The calculation of the percentage of interest excludes treasury shares of 15,376,900 |
KIMHIN - Changes in Sub. S-hldr's Int. (29B) - John Chua Seng Chai
Company Name | KIM HIN INDUSTRY BERHAD |
Stock Name | KIMHIN |
Date Announced | 11 Dec 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-121211-77569 |
Particulars of substantial Securities Holder
Name | John Chua Seng Chai |
Address | 128, Jalan Tan Sri Datuk William Tan, 93450 Kuching, Sarawak |
NRIC/Passport No/Company No. | 581228-13-5883 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | ordinary shares of RM1.00 each |
Name & address of registered holder | Registered holders of the shares after the change are as follows: i) John Chua Seng Chai : 524,650 - No change ii) CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Kim Hin (Malaysia) Sdn Bhd : 62,254,025 - No change iii) Kim Hin (Malaysia) Sdn Bhd : 21,344,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/12/2012 | 43,000 | 1.250 |
Acquired | 06/12/2012 | 65,000 | 1.250 |
Acquired | 07/12/2012 | 65,000 | 1.250 |
Acquired | 10/12/2012 | 10,000 | 1.250 |
Remarks : |
The calculation of the percentage of interest excludes treasury shares of 15,376,900 |
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