December 18, 2012

Company announcements: UNICO, KSK, AFFIN, TRIPLC, LBS, BPURI, PUNCAK

UNICO - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameUNICO-DESA PLANTATIONS BERHAD  
Stock Name UNICO  
Date Announced18 Dec 2012  
CategoryGeneral Announcement
Reference NoCU-121217-53576

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
Description(I) Distribution of 86,506,546 ordinary shares in its wholly-owned subsidiary company, ELK-Desa Resources Berhad ("ELK-Desa Resources") to all shareholders of Unico-Desa Plantations Berhad (“Unico-Desa”) by way of dividend in specie on the basis of one (1) ordinary share in ELK-Desa Resources for every ten (10) ordinary shares held in Unico-Desa as at 5.00 p.m. on 19 November 2012 ("Distribution");

(II) Non-renounceable restricted offer for sale of 13,493,454 ordinary shares of RM1.00 each in ELK-Desa Resources ("Restricted Offer Shares") to the shareholders of Unico-Desa on a pro rata basis to all shareholders of Unico-Desa as at 5.00 p.m. on 19 November 2012 at an offer price of RM1.16 per share payable in full on application in conjunction with the listing of ELK-Desa Resources on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Restricted Offer for Sale"); and

(III) Listing of ELK-Desa Resources on the Main Market of Bursa Securities ("Listing").

(Collectively referred to as the "Proposals")
Reference is made to the announcements dated 19 July 2011, 18 November 2011, 27 April 2012, 15 May 2012, 14 September 2012, 18 September 2012, 3 October 2012, 8 October 2012, 24 October 2012, 1 November 2012, 12 November 2012, 21 November 2012, 12 December 2012 and 14 December 2012.
On behalf of Unico-Desa, we are pleased to announce that the Proposals has been completed today following the admission of ELK-Desa Resources to the Official List of Bursa Securities and the listing of and quotation for the entire issued and paid-up share capital of ELK-Desa Resources of RM125,000,000 comprising 125,000,000 ordinary shares of RM1.00 each in ELK-Desa Resources on the Main Market of Bursa Securities on 18 December 2012.

Accordingly, ELK-Desa Resources cease to be a subsidiary of Unico-Desa.

This announcement is dated 18 December 2012.


KSK - OTHERS KSK GROUP BERHAD (“KSK”) – INCORPORATION OF A NEW SUBSIDIARY COMPANY

Announcement Type: General Announcement
Company NameKSK GROUP BERHAD  
Stock Name KSK  
Date Announced18 Dec 2012  
CategoryGeneral Announcement
Reference NoKG-121218-62112

TypeAnnouncement
SubjectOTHERS
DescriptionKSK GROUP BERHAD (“KSK”) – INCORPORATION OF A NEW SUBSIDIARY COMPANY

The Board of Director of KSK wishes to announce that KSK has on 18 December 2012 incorporated a new wholly-owned subsidiary company known as KSK Investment (L) Ltd (“KSKI) under the Labuan Companies Act 1990. The initial issued and paid-up shares capital of KSKI is USD1.00. The intended principal activity for KSK Investment (L) Ltd is investment.

This announcement is dated 18 December 2012.



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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAFFIN HOLDINGS BERHAD  
Stock Name AFFIN  
Date Announced18 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-121218-62374

Particulars of substantial Securities Holder

NameEmployees Provident Fund 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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
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)
Acquired13/12/2012
182,600
 

Circumstances by reason of which change has occurredAcquired
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)100,417,300 
Indirect/deemed interest (%) 
Total no of securities after change100,417,300
Date of notice14/12/2012

Remarks :
This announcement is dated 18 December 2012.

The Secretary of the Company received the Notice of Form 29B dated 14 December 2012 on 18 December 2012


TRIPLC - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Rozali Bin Ismail

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTRIPLC BERHAD  
Stock Name TRIPLC  
Date Announced18 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTB-121218-54F93

Particulars of substantial Securities Holder

NameTan Sri Rozali Bin Ismail
AddressNo. 20, Persiaran Burhanuddin Helmi
Taman Tun Dr Ismail
60000 Kuala Lumpur
NRIC/Passport No/Company No.571209-10-5997
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderCorporate Line (M) Sdn Bhd (172689-H)
10th Floor, Wisma Rozali
No. 4, Persiaran Sukan
Seksyen 13
40100 Shah Alam
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired17/12/2012
2,967,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDeemed interest
Direct (units)5,902,964 
Direct (%)9.22 
Indirect/deemed interest (units)6,498,937 
Indirect/deemed interest (%)10.15 
Total no of securities after change12,401,901
Date of notice17/12/2012

Remarks :
Deemed interest by virtue of 100% shareholding interest each in Central Plus (M) Sdn Bhd (which owned 3,340,802 shares) and Corporate Line (M) Sdn Bhd (which owned 3,158,135 shares) of which 92.5% is held in own name and 7.5% is held in children's name.


LBS - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameLBS BINA GROUP BERHAD  
Stock Name LBS  
Date Announced18 Dec 2012  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoLB-121206-C3FD5

Date of buy back from05/12/2012
Date of buy back to05/12/2012
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.845
Maximum price paid for each share purchased ($$)0.845
Total amount paid for shares purchased ($$)8,512.24
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)10,000
Total number of shares retained in treasury (units)5,336,700
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies18/12/2012
Lodged by Lee Ching Ching


BPURI - OTHERS Power Purchase Agreement (PPA) between PT. Megapower Makmur and PT. PLN (Persero) Wilayah Sulawesi Selatan, Sulawesi Tenggara Dan Sulawesi Barat

Announcement Type: General Announcement
Company NameBINA PURI HOLDINGS BHD  
Stock Name BPURI  
Date Announced18 Dec 2012  
CategoryGeneral Announcement
Reference NoBP-121218-60837

TypeAnnouncement
SubjectOTHERS
DescriptionPower Purchase Agreement (PPA) between PT. Megapower Makmur and PT. PLN (Persero) Wilayah Sulawesi Selatan, Sulawesi Tenggara Dan Sulawesi Barat

Further to our announcement on 13 June 2012 that PT. Megapower Makmur, an indirect 80% subsidiary of Bina Puri Holdings Bhd. has entered into an agreement with PT. PLN (Persero), Wilayah Sulawesi Selatan, Sulawesi Tenggara Dan Sulawesi Barat on 30 May 2012 to build and operate a mini hydro power plant with capacity of 4.2 MW in Desa Patteneteang, Kecamatan Tompobulu, Kabupaten Bantaeng, Propinsi Sulawesi Selatan at an estimated development cost of USD10.0 million, we would like to inform that Bina Puri Power Sdn. Bhd., the holding company of PT. Megapower Makmur had achieved the finance close by obtaining the term loan of USD7.668 million from Bangkok Bank Bhd. on 9 October 2012 to part finance PT. Megapower Makmur to build and operate the mini hydro power plant.

With the completion of the 4.2 MW by early 2014, it would bring the total number of megawatts operational to 18.2 MW.



BPURI - OTHERS Termination of Concession Agreement - Conversion of existing 4-lane Karachi-Hyderabad superhighway into 6-lane motorway (M-9)

Announcement Type: General Announcement
Company NameBINA PURI HOLDINGS BHD  
Stock Name BPURI  
Date Announced18 Dec 2012  
CategoryGeneral Announcement
Reference NoBP-121218-60955

TypeAnnouncement
SubjectOTHERS
DescriptionTermination of Concession Agreement
- Conversion of existing 4-lane Karachi-Hyderabad superhighway into 6-lane motorway (M-9)

Further to our announcement on 17 January 2012 that Bina Puri Pakistan (Private) Ltd., a subsidiary of Bina Puri Holdings Bhd. had entered into the concession agreement with the National Highway Authority (NHA), Islamabad, Pakistan on 16 January 2012 for the construction of the 136 km long motorway known as “Conversion of existing 4-lane Karachi-Hyderabad superhighway into 6-lane motorway (M-9)” on Built-Operate-Transfer (BOT) for contract value of PKR24.93 billion (equivalent to RM864 million), please be informed that the concession agreement with NHA, Islamabad, Pakistan was terminated on 10 December 2012 as NHA did not fulfill certain condition precedents. We have appointed consultants to pursue the claims against NHA for our entitlements.

The termination of the concession agreement will not have any material impact on the net assets and earnings of Bina Puri Group for the financial year ending 31 December 2012.

Please note that no directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above matter.



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

Announcement Type: General Announcement
Company NameBINA PURI HOLDINGS BHD  
Stock Name BPURI  
Date Announced18 Dec 2012  
CategoryGeneral Announcement
Reference NoMI-121218-48152

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionBINA PURI HOLDINGS BHD (“BINA PURI” OR “COMPANY”)

(I) PROPOSED DISPOSAL OF 80% EQUITY INTEREST IN PT MEGAPOWER MAKMUR;

(II) PROPOSED EXEMPTION TO BINA PURI POWER SDN BHD (FORMERLY KNOWN AS BINA PURI MINING VENTURES SDN BHD) (“BP POWER”) AND PERSONS ACTING IN CONCERT WITH IT (“PAC”) FROM THE OBLIGATION TO UNDERTAKE A TAKE-OVER OFFER FOR ALL THE REMAINING SHARES IN ORIENTED MEDIA GROUP BERHAD (“OMEDIA”) NOT ALREADY OWNED BY BP POWER

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 22 August 2011 in relation to the Proposed Disposal of PT Power and the Proposed Exemption.

We refer to the announcements dated 22 February 2011, 22 April 2011, 21 June 2011, 22 July 2011 and 22 August 2011.

On behalf of the Board of Directors of Bina Puri, AFFIN Investment wishes to announce thatBursa Securities had, vide its letter dated 17 December 2012 resolved to reject the application for the Proposed Acquisition of PT Power (“Bursa Securities’ Decision Letter”) which was submitted by Omedia.

We wish to inform that the decision to the reject the application by Omedia for the Proposed Acquisition of PT Power was premised on the following concerns related to the future growth and sustainability of PT Power’s business:

(a)���������� the diesel rental business is highly dependent on new contracts being secured and renewal of existing contracts with PT Perusahaan Listrik Negara (Persero). Most of the existing contracts are expiring within the next 12 months;

(b)���������� the barriers to entry for the diesel rental service is low as it involves low capital investment, ease of installation, short term development time and applies relatively low technology; and

(c)���������� the areas currently serviced by PT Power under the diesel rental service are limited to only Bangka Belitung and Riau, whilst the mini hydro power project in Sulawesi is still at its implementation stage where the contribution to profit and revenue is still uncertain.

In respect of item (a) above, Bina Puri wish to clarify that the applications would be made to PLN for the renewal the contracts with PLN for the operation of the diesel rental business prior to the expiry dates of the said contracts. To date, PT Power has successfully secured the extension�of contracts with PLN�for four (4) micro power generation facilities located in Toboali, Muntok, Bengkalis and Sei Pakning.

This announcement is dated 18 December 2012.



PUNCAK - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced18 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPN-121218-BBA08

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND 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 RM1.00 each
Name & address of registered holderPlease refer to "Remarks"

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed10/12/2012
88,000
 

Circumstances by reason of which change has occurred1. Sale of equity managed by Portfolio Manager, Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board.
Nature of interestShares held in own name and by Portfolio Manager
Direct (units)1,494,000 
Direct (%)0.37 
Indirect/deemed interest (units)20,873,385 
Indirect/deemed interest (%)5.1 
Total no of securities after change22,367,385
Date of notice11/12/2012

Remarks :
Registered holders of the total shares held after change are as follows :-

1. Shares held in own name 1,494,000

2. Shares managed by Portfolio Managers as follows :-
Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board 17,531,685
Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (RHB INV) 3,341,700
-------------
22,367,385
=============


PUNCAK - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePUNCAK NIAGA HOLDINGS BERHAD  
Stock Name PUNCAK  
Date Announced18 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPN-121218-C2ED9

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND 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 RM1.00 each
Name & address of registered holderPlease refer to "Remarks"

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/12/2012
60,200
 

Circumstances by reason of which change has occurred1. Sale of equity managed by Portfolio Manager, Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board.
Nature of interestShares held in own name and by Portfolio Manager
Direct (units)1,494,000 
Direct (%)0.37 
Indirect/deemed interest (units)20,813,185 
Indirect/deemed interest (%)5.09 
Total no of securities after change22,307,185
Date of notice12/12/2012

Remarks :
Registered holders of the total shares held after change are as follows :-

1. Shares held in own name 1,494,000

2. Shares managed by Portfolio Managers as follows :-
Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board 17,471,485
Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (RHB INV) 3,341,700
-------------
22,307,185
=============


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