December 19, 2012

Company announcements: UNIMECH, SUPERMX, HAISAN, TOPGLOV, SKBSHUT, JAYCORP, JOHOTIN

UNIMECH - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company NameUNIMECH GROUP BERHAD  
Stock Name UNIMECH  
Date Announced19 Dec 2012  
CategoryNotice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Reference NoUG-121219-14573

Date of transaction19/12/2012
CurrencyMalaysian Ringgit (MYR)
Total number of treasury shares sold (units)500,000 
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$)1.150 
Maximum price paid for each share sold ($$)1.150 
Total amount received for treasury shares sold ($$)572,902.50 
Cumulative net outstanding treasury shares as at to-date (units)12,137,466 
Adjusted issued capital after cancellation/resale
(no. of shares) (units)

Remarks :
The total amount received for the shares sold is after deducting brokerage, clearing house fee and stamp duty.


UNIMECH - 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 NameUNIMECH GROUP BERHAD  
Stock Name UNIMECH  
Date Announced19 Dec 2012  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoUG-121219-15050

Date of buy back from11/12/2012
Date of buy back to11/12/2012
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)3,000
Minimum price paid for each share purchased ($$)1.130
Maximum price paid for each share purchased ($$)1.130
Total amount paid for shares purchased ($$)3,435.02
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)3,000
Total number of shares retained in treasury (units)12,634,466
Number of shares purchased which were cancelled (units)3,000,000
Total issued capital as diminished133,561,334
Date lodged with registrar of companies19/12/2012
Lodged by TMF Administrative Services Malaysia Sdn. Bhd. (341368-X)

Remarks :
The total amount paid for the shares purchased is inclusive of brokerage, commission, clearing house fee and stamp duty.


SUPERMX - 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 NameSUPERMAX CORPORATION BERHAD  
Stock Name SUPERMX  
Date Announced19 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-121219-39492

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 RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd of 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)
Disposed14/12/2012
700
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change55,892,700
Date of notice17/12/2012

Remarks :
Direct Interest:
(1) Employees Provident Fund Board (48,439,600)
(2) Employees Provident Fund Board (AMINV) (7,000,000)
(3) Employees Provident Fund Board (PHEIM) (453,100)

Supermax Corporation Berhad received the Form 29B dated 17 December 2012 from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of Employees Provident Fund Board on 19 December 2012.


HAISAN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHAISAN RESOURCES BERHAD  
Stock Name HAISAN  
Date Announced19 Dec 2012  
CategoryGeneral Announcement
Reference NoHR-121219-62995

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHAISAN RESOURCES BERHAD (“HAISAN” OR “THE COMPANY”)
- KUALA LUMPUR HIGH COURT SUIT NO. 22NCVC-78-01-2012 (“THE SUIT”)

Further to the Company’s announcement dated 18 December 2012 in respect of the Suit, the Board of Directors of HAISAN wishes to announce that the Court has fixed 11 January 2013 to have the Plaintiffs’ Notice of Application to re-amend the Statement of Claim.

Furthermore, the Court vacated the hearing dates on 7 January 2013 and 8 January 2013 and fixed new dates for hearing on 12 April 2013, 23 April 2013, 24 April 2013, 25 April 2013, 26 April 2013, 10 May 2013, 17 May 2013 and 21 May 2013.

The Company will announce further developments on the Suit as and when necessary.

This announcement is dated 19 December 2012.


TOPGLOV - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced19 Dec 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-121218-1FE68

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired14/12/2012
241,200
 

Circumstances by reason of which change has occurredPurchase of shares in open market by KWAP
Nature of interestDirect Interest
Direct (units)34,116,100 
Direct (%)5.5108 
Indirect/deemed interest (units)1,077,400 
Indirect/deemed interest (%)0.174 
Total no of securities after change35,193,500
Date of notice19/12/2012

Remarks :
Top Glove Corporation Bhd received the Form 29B on 19/12/2012.


SKBSHUT - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameSKB SHUTTERS CORPORATION BERHAD  
Stock Name SKBSHUT  
Date Announced19 Dec 2012  
CategoryGeneral Meetings
Reference NoCC-121218-35979

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting19/12/2012
Time02:00 PM
VenueBayan Room, Lower Level, Hotel Equatorial Penang, 1 Jalan Bukit Jambul, Bayan Lepas, 11900 Penang
Outcome of Meeting

The Board of Directors of the Company is pleased to inform that the shareholders of the Company have at its Fifteenth Annual General Meeting ("AGM") held on 19 December 2012 approved all resolutions as prescribed in the Notice of the Fifteenth AGM contained in the Annual Report for year 2012.

This announcement is dated 19 December 2012.



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

Announcement Type: General Announcement
Company NameJAYCORP BERHAD  
Stock Name JAYCORP  
Date Announced19 Dec 2012  
CategoryGeneral Announcement
Reference NoCC-121219-116F4

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionJaycorp Berhad (“Jaycorp” or “the Company”)
- Payment of commission by Yeo Aik Hevea (M) Sdn Bhd to Jawala Corporation Sdn Bhd in respect of tender for rubber wood with Lembaga Kemajuan Tanah Persekutuan (“FELDA”)
Jaycorp Berhad (“Jaycorp” or the “Company”)
- Commission payment for tender for rubber wood with Lembaga Kemajuan Tanah Persekutuan (“FELDA”) by Yeo Aik Hevea (M) Sdn Bhd to Jawala Corporation Sdn Bhd


1. Introduction
      The Board of Directors of Jaycorp is pleased to announce that Yeo Aik Hevea (M) Sdn Bhd (“YAH”), a wholly-owned subsidiary of the Company, had on 19 December 2012 entered into an arrangement with Jawala Corporation Sdn Bhd (“JAWALA”), a major shareholder of Jaycorp to pay to JAWALA a commission amounting to Ringgit Malaysia Two Hundred Forty-Six Thousand Four Hundred Sixty-Eight and Sen Thirty-Six (RM246,468.36) only (“the Transaction”) for the successful tender of 301.27 hectares of rubber wood (“Tender”).

2. INFORMATION OF YAH AND JAWALA
      YAH was incorporated in Malaysia under the Companies Act, 1965 (the “Act”) on 6 May 1997 as a private limited company. YAH has an authorised share capital of RM5,000,000.00 comprising 5,000,000 ordinary shares of RM1.00 each and an issued and paid-up share capital of RM3,000,000.00 comprising 3,000,000 ordinary shares of RM1.00 each. The directors of YAH are Mr Yeo Eck Liong (Managing Director of the Company), Yeo Aik Tan (alternate Director to Yeo Ayk Ke, an Excutive Director of the Company) and Mr Yeo Yek Meng (deemed substantial shareholder of the Company). YAH is in the business of pressure treament, processing and kiln-drying of rubberwood.

      JAWALA was incorporated in Malaysia under the Act on 13 April 1984 as a private limited company. JAWALA has an authorised share capital of RM25,000,000.00 comprising 20,000,000 ordinary shares of RM1.00 each and 5,000,000 redeemable preference shares of RM1.00 each. The issued and paid-up share capital is 15,000,000 ordinary shares of RM1.00 each and 1,200,000 redeemable preference shares of RM1.00 each. The directors of JAWALA are Tan Sri Abdul Majid Khan (Executive Chairman of Jaycorp and a deemed major shareholder of the Company) and Hazmat Aqbal bin Mohd Ayub Khan (a deemed major shareholder of the Company). The principal business activity of JAWALA is exporters of timber products, palm oil products, crude oil and construction materials.

3. RELATED PARTIES AND RELATIONSHIPS WITH RELATED PARTIES

Interested PartyRelationships
(a)JAWALA JAWALA is a major shareholder of Jaycorp holding 23.23%* equity interest in the Company.
(b)Tan Sri Abdul Majid KhanTan Sri Abdul Majid Khan is the Executive Chairman of Jaycorp. He is also a deemed major shareholder of Jaycorp by virtue of his substantial interest in JAWALA.
(c)Hazmat Aqbal bin Mohd Ayub KhanHazmat Aqbal bin Mohd Ayub Khan is a deemed major shareholder of Jaycorp by virtue of his substantial interest in JAWALA.
(d)Datuk Jema Anton KhanDatuk Jema Anton Khan is a deemed major shareholder of Jaycorp by virtue of his interest in JAWALA. Tan Sri Majid Khan is his father.
(e)Chee Ah WhatChee Ah What is a deemed major shareholder of Jaycorp by virtue of his substantial interest in JAWALA.

* Excluding a total of 437,900 ordinary shares of RM0.50 each bough-back by the Company and retained as treasury shares.


4. DETAILS OF THE TRANSACTION
      The Tender was only opened to those companies registered with the Ministry of Finance (“MOF”) and FELDA.

      YAH is desirous to secure the Tender but was unable to fulfill the Tender’s requirements. YAH has, therefore, engaged the services of JAWALA to secure the Tender.

      JAWALA has successfully secured the Tender and YAH is required to pay JAWALA a commission payment of Ringgit Malaysia Two Hundred Forty-Six Thousand Four Hundred Sixty-Eight and Sen Thirty-Six (RM246,468.36) only for securing the Tender.


5. RATIONALE FOR THE TRANSACTION
      The Transaction entered into by YAH is of revenue or trading nature which is necessary for the day-to-day operations. The Transaction was entered into to facilitate the ordinary course of business of the Company and its subsidiaries (collectively “the Group”) under normal commercial terms and conditions consistent with the Group’s usual business practices and policies and on terms not more favourable to the related parties.

6. FINANCIAL EFFECTS OF THE TRANSACTION
      The Transaction has no material effect on Jaycorp’s earnings per share, net assets per share and gearing for the financial year ending 31 July 2013. There is no effect on the share capital and substantial shareholders' shareholding of Jaycorp.

7. SOURCE OF FUNDING
      The Transaction shall be settled by cash from internally generated funds.


8. INTEREST OF DIRECTORS AND MAJOR SHAREHOLDERS

      Save as disclosed above, none of the Directors, and/or major shareholders and/or persons connected with them have any interest, direct or indirect, in the Transaction.
    9. STATEMENT BY AUDIT COMMITTEE
        The Audit Committee of the Company, having taken into consideration the rationale for the Transaction, is of the view that the Transaction is in the best interest of the Group and is fair, reasonable and on normal commercial terms and not detrimental to the interest of the minority shareholders of Jaycorp.
        The Audit Committee did not seek an independent advice in forming its view in respect of the Transaction.

    10. STATEMENT BY DIRECTORS
        The Board of Directors of the Company, save for Tan Sri Abdul Majid Khan, is of the opinion that the Transaction is in the best interest of the Company, fair, reasonable and on normal commercial terms and not detrimental to the interest of the minority shareholders of Jaycorp.

    11. TOTAL AMOUNT TRANSACTED WITH THE SAME RELATED PARTY FOR THE PRECEDING 12 MONTHS
        The total amount transacted with the same Related Party, namely, JAWALA for the preceding twelve (12) months is RM336,372.36. The breakdown is as follows:-

    Description
    RM
    (i)Renewal of Tenancy Agreement^
    89,904.00
    (ii)Commission payment
    246,468.36
    Grand total
    336,372.36
    ========
        ^ The Company (“the Tenant” ) had on 1 August 2012 entered into a renewal of tenancy agreement (“the Agreement”) with JAWALA for the tenancy of the demised premise known as Lot 17.03, 17th Floor, Menara KH, Jalan Sultan Ismail, 50250 Kuala Lumpur measuring an area of about 1,873 square feet for a total monthly rental of RM7,492.00 for a period of one year from 1 September 2012 to 31 August 2013) (“the Tenancy”).

        No announcement on the Tenancy is required as the total consideration is less than Ringgit Malaysia Two Hundred Fifty Thousand (RM250,000.00) only.
        However, when the amount of the Tenancy is aggregated with the Transaction, it has exceeded the threshold of Ringgit Malaysia Two Hundred Fifty Thousand (RM250,000.00) only.


    12. HIGHEST PERCENTAGE RATIO
        The highest percentage ratio applicable to the aggregation of the Transaction and Tenancy pursuant to the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad is 0.49% based on the latest audited financial statements of the Company as at 31 July 2012.


    13. APPROVALS REQUIRED

        The Transaction and Tenancy is not subject to the approval of the shareholders of Jaycorp and any government authorities.


    14. DOCUMENTS FOR INSPECTION
        The following documents are available for inspection at the Registered office at JA 1880, Batu 22 1/2, Parit Perawas, Sungai Rambai, 77400 Melaka, during normal business hours from Mondays to Fridays (except public holidays) within three (3) months from the date of this announcement:-
        - Acceptance of the Commission payment by JAWALA; and
        - Tenancy Agreement.


    This announcement is dated 19 December 2012.


    JOHOTIN - Changes in Director's Interest (S135) - Lim Hun Swee

    Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
    Company NameJOHORE TIN BERHAD  
    Stock Name JOHOTIN  
    Date Announced19 Dec 2012  
    CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
    Reference NoCJ-121218-52560

    Information Compiled By KLSE

    Particulars of Director

    NameLim Hun Swee
    Address1189 Jalan Mewah, Bandar Putra, 81000 Kulai, Johor
    Descriptions(Class & nominal value)Ordinary/ RM1.00

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transaction
    Date of change
    No of securities
    Price Transacted (RM)
    Acquired
    17/12/2012
    72,000
    1.600 

    Circumstances by reason of which change has occurredAcquisition of Johore Tin Berhad's shares
    Nature of interestDirect
    Consideration (if any) 

    Total no of securities after change

    Direct (units)10,992,000 
    Direct (%)11.78 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Date of notice19/12/2012

    Remarks :
    This announcement is dated 19 December 2012.


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

    Announcement Type: General Announcement
    Company NameJOHORE TIN BERHAD  
    Stock Name JOHOTIN  
    Date Announced19 Dec 2012  
    CategoryGeneral Announcement
    Reference NoCJ-121218-52865

    TypeAnnouncement
    SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
    DEALINGS OUTSIDE CLOSED PERIOD
    Description
    Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Johore Tin Berhad ("JTB") wishes to announce that it has received notification from Mr Lim Hun Swee, a Director of the Company of his dealing in the securities of JTB outside the closed period, details as set out in the table below:-
    Date of Dealing
    Number of Shares
    Percentage of Issued Shares (%)
    Consideration per Share
    Remark
    Direct
    Indirect
    Direct
    Indirect
    17.12.2012
    72,000
    -
    0.08
    -
    RM1.60
    Acquisition

    This announcement is dated 19 December 2012.


    JOHOTIN - Changes in Sub. S-hldr's Int. (29B) - Lim Hun Swee

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NameJOHORE TIN BERHAD  
    Stock Name JOHOTIN  
    Date Announced19 Dec 2012  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoCJ-121218-51113

    Particulars of substantial Securities Holder

    NameLim Hun Swee
    Address1189 Jalan Mewah, Bandar Putra, 81000 Kulai, Johor
    NRIC/Passport No/Company No.S0098600C
    Nationality/Country of incorporationSingaporean
    Descriptions (Class & nominal value)Ordinary/ RM1.00
    Name & address of registered holder1.Lim Hun Swee
    2.HLB Nominees (Asing) Sdn Bhd pledged Securities Account for Lim Hun Swee
    3.ALLIANCEGROUP Nominees (Asing) Sdn Bhd pledged Securities Account for Lim Hun Swee
    4.RHB Capital Nominees (Asing) Sdn Bhd pledged Securities Account for Lim Hun Swee

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired17/12/2012
    72,000
    1.600 

    Circumstances by reason of which change has occurredAcquisition of Johore Tin Berhad's shares
    Nature of interestDirect
    Direct (units)10,992,000 
    Direct (%)11.78 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Total no of securities after change10,992,000
    Date of notice19/12/2012

    Remarks :
    This announcement is dated 19 December 2012.


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