HYTEXIN - HYTEX INTEGRATED BERHAD (“HYTEXIN or the "Company") -EXECUTION OF MANUFACTURING AGREEMENT AND REPAIR AND MAINTENANCE AGREEMENT BY HYTEX INTEGRATED (SUZHOU) CO. LTD., A WHOLLY OWNED SUBSIDIARY OF HYTEXIN WITH PREMIUM FORUM SDN BHD
| Company Name | HYTEX INTEGRATED BERHAD |
| Stock Name | HYTEXIN |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | CK-130121-66175 |
HYTEXIN - MATERIAL LITIGATION
| Company Name | HYTEX INTEGRATED BERHAD |
| Stock Name | HYTEXIN |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | CK-130121-54032 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | HYTEX INTEGRATED BERHAD (“THE COMPANY” OR “HYTEXIN”) NOTICE PURSUANT TO SECTION 218(2)(a) OF THE COMPANIES ACT 1965 (“The Act”) SERVED ON HYTEXIN |
The Board of Directors of Hytexin wishes to inform that the Company had on 21 January 2013 been served with a Notice pursuant to Section 218(2)(a) of the Act dated 16 January 2013 demanding for a sum of RM 4,002,105.07 being the amount due and owing to HSBC Bank Malaysia Berhad (“the Plaintiff”) as at 9 January 2013 pursuant to a Judgment dated 29 November 2011 obtained against the Company in respect of Kuala Lumpur High Court Suit No. 22NCC-1894-11/2011 together with further interest as follows:- (a) interest on the sum of RM3,376,081.45 at the Plaintiff’s Base Lending Rate [“BLR”] which as at 12 October 2011 is 6.60% (and such BLR which may be determined by the Plaintiff from time to time) + 1.75% per annum on monthly rest from 10 January 2013 till the date of full settlement; (b) Further interest of 1.00% per annum on the sum of RM3,376,081.45 on the monthly rest from 10 January 2013 until the date of full settlement. It is a repayment of debt and the interest are already accrued for in the accounts. Other than the legal fees involved in defending the case, there would not be any other loss. However, an immediate full repayment would obviously have dire financial and operational impact on Hytexin. Hytexin have engaged lawyers to defend the case and at the same time will try to negotiate an amicable settlement. The Board of Directors also wishes to inform that Hytexin has sent to all lenders the Loan Restructuring Proposal and is awaiting their feedback. | |
PELIKAN - Notice of Shares Buy Back - Immediate Announcement
| Company Name | PELIKAN INTERNATIONAL CORPORATION BERHAD |
| Stock Name | PELIKAN |
| Date Announced | 21 Jan 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | PI-130121-A8647 |
SCOMIMR - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):COMBINATION OF TRANSACTIONS
| Company Name | SCOMI MARINE BHD |
| Stock Name | SCOMIMR |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | MI-130121-63964 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) COMBINATION OF TRANSACTIONS |
| Description | SCOMI MARINE BHD (“SMB”) (I) PROPOSED ACQUISITIONS BY SMB OF THE FOLLOWING: (A) THE ENTIRE ISSUED AND PAID-UP ORDINARY AND PREFERENCE SHARES OF SCOMI OILFIELD LIMITED (“SOL”) FROM SCOMI GROUP BHD (“SGB”), STANDARD CHARTERED PRIVATE EQUITY LIMITED AND FUJI INVESTMENTS I FOR A TOTAL PURCHASE CONSIDERATION OF RM1,020.02 MILLION (SUBJECT TO THE NET AMOUNT DUE ADJUSTMENT) (“PROPOSED SOL ACQUISITION”); (B) THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SCOMI SOSMA SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM6.71 MILLION; AND (C) 48% OF THE ISSUED AND PAID-UP ORDINARY SHARES OF SCOMI KMC SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM769,911; (ITEMS (A), (B) AND (C) TO BE COLLECTIVELY REFERRED TO AS “PROPOSED ACQUISITIONS”) (II) PROPOSED EXEMPTION TO SGB AND SCOMI ENERGY SDN BHD, A WHOLLY-OWNED SUBSDIARY OF SGB, FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING ORDINARY SHARES OF RM0.45 EACH IN SMB NOT ALREADY OWNED BY THEM UPON COMPLETION OF THE PROPOSED SOL ACQUISITION; AND (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF SMB (COLLECTIVELY REFERRED TO AS “PROPOSALS”) |
(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 24 July 2012 in relation to the Proposals.) We refer to the announcements dated 29 February 2012, 29 June 2012, 24 July 2012, 6 September 2012, 25 September 2012, 24 October 2012, 23 November 2012, 16 January 2013 and 17 January 2013 in relation to the Proposals. On behalf of the Board, Maybank Investment Bank Berhad wishes to announce the following: (i) SMB and the parties to the SOL Agreement and SKMC Agreement have, vide letters dated 21 January 2013 mutually agreed to extend the period for the fulfilment of the conditions precedent to the SOL Agreement and SKMC Agreement respectively from 24 January 2013 to 31 March 2013; and (ii) SMB and SGB have, vide a letter dated 21 January 2013 mutually agreed on the following: (a) to extend the period for the fulfilment of the conditions precedent to the SSSB Agreement from 24 January 2013 to 31 March 2013; and (b) in the event the amount of the SMB Assignment of Interco Loan exceeds the amount of the SSSB Consideration and Amount Owing, SGB to accord the surplus to SMB in cash, which will be funded via SGB’s internally generated funds. A copy of the letters mentioned in items (i) and (ii) above will be made available for inspection at the registered office of SMB at Level 17, 1 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan during normal office hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 21 January 2013. | |
SILVER - OTHERS Silver Bird Group Berhad (“SBGB” or the “Company”) - Notice to Warrantholders in relation to the Expiry and Last Date for the Exercise of Warrants 2008/2013 (“Warrants”)
| Company Name | SILVER BIRD GROUP BERHAD |
| Stock Name | SILVER |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | CC-130118-39428 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Silver Bird Group Berhad (“SBGB” or the “Company”) - Notice to Warrantholders in relation to the Expiry and Last Date for the Exercise of Warrants 2008/2013 (“Warrants”) |
The Board of Directors of SBGB wishes to announce that pursuant to the terms and conditions stipulated in the Deed Poll dated 21 January 2008 governing the Warrants, the Exercise Rights of the Warrants will expire at 5.00 p.m. on Monday, 25 February 2013 (“Expiry Date”). Warrantholders should note that the Warrants which are not exercised by 5.00 p.m. on the Expiry Date will lapse and become null and void and cease to be valid for any purpose. Accordingly, the Warrants will be removed from the Official List of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Tuesday, 26 February 2013. The Notice to Warrantholders in relation to the expiry and last date for the exercise of Warrants 2008/2013 will be despatched to all Warrantholders on Wednesday, 23 January 2013. The said Notice will also be advertised in the newspaper on the same day. This announcement is dated 21 January 2013. | |
SCOMI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | SCOMI GROUP BERHAD |
| Stock Name | SCOMI |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | MI-130121-64367 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SCOMI GROUP BHD (“SGB” OR “COMPANY”) PROPOSED DISPOSALS BY SGB OF THE FOLLOWING: (I) 76.08% OF THE ISSUED AND PAID-UP ORDINARY AND PREFERENCE SHARES OF SCOMI OILFIELD LIMITED, FOR A TOTAL DISPOSAL CONSIDERATION OF RM776.03 MILLION; (II) THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SCOMI SOSMA SDN BHD FOR A DISPOSAL CONSIDERATION OF RM6.71 MILLION; AND (III) 48% OF THE ISSUED AND PAID-UP ORDINARY SHARES OF SCOMI KMC SDN BHD FOR A DISPOSAL CONSIDERATION OF RM769,911 (“PROPOSED DISPOSALS”) |
(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 24 July 2012 in relation to, among others, the Proposed Disposal.) We refer to the announcements dated 29 February 2012, 29 June 2012, 24 July 2012, 15 October 2012 and 16 October 2012 in relation to, among others, the Proposed Disposals. On behalf of the Board, Maybank Investment Bank Berhad wishes to announce the following: (i) SGB and the parties to the SOL Agreement and SKMC Agreement have, vide letters dated 21 January 2013 mutually agreed to extend the period for the fulfilment of the conditions precedent to the SOL Agreement and SKMC Agreement respectively from 24 January 2013 to 31 March 2013; and (ii) SGB and SMB have, vide a letter dated 21 January 2013 mutually agreed on the following: (a) to extend the period for the fulfilment of the conditions precedent to the SSSB Agreement from 24 January 2013 to 31 March 2013; and (b) in the event the amount of the SMB Assignment of Interco Loan exceeds the amount of the SSSB Consideration and Amount Owing, SGB to accord the surplus to SMB in cash, which will be funded via SGB’s internally generated funds. A copy of the letters mentioned in items (i) and (ii) above will be available for inspection at the registered office of SGB at Level 17, 1 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan during normal office hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 21 January 2013. | |
FUTUTEC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | FUTUTECH BERHAD |
| Stock Name | FUTUTEC |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | CA-130121-54223 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | Fututech Berhad (“Fututech” or “the Company”) Proposed Acquisition of Land by Bazarbayu Sdn. Bhd., a wholly-owned subsidiary of Fututech, from KYM Leisure Sdn. Bhd. |
The Board of Directors of Fututech is pleased to announce that Bazarbayu Sdn. Bhd., a wholly-owned subsidiary of Fututech, had on 21 January 2013 entered into a conditional sale and purchase agreement with KYM Leisure Sdn. Bhd., to acquire 3 pieces of leasehold land measuring in area approximately 1,932.6 square metres each aggregating to 5,797.8 square metres held under HSM 6598, 6599 and 6600, PT 20484, PT 20485 and PT 20486 all in Tempat Genting Highlands, Mukim Bentong, Daerah Bentong, Negeri Pahang for a total purchase consideration of RM8,000,000 (“Proposed Acquisition”). Please refer to the attachment for further details on the Proposed Acquisition.
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ADVENTA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | ADVENTA BERHAD |
| Stock Name | ADVENTA |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | MI-130121-65261 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | ADVENTA BERHAD (“ADVENTA” OR “COMPANY”) (I) DISPOSAL OF PART OF THE BUSINESS AND UNDERTAKING OF ADVENTA TO ASPION SDN BHD FOR A DISPOSAL CONSIDERATION OF RM320,850,117 OR RM2.10 PER ORDINARY SHARE OF RM0.50 EACH IN ADVENTA (“SHARE”) (“DISPOSAL”); AND (II) DISTRIBUTION OF THE PROCEEDS ARISING FROM THE DISPOSAL TO ALL ENTITLED SHAREHOLDERS OF ADVENTA OF RM1.70 PER SHARE BY WAY OF A SPECIAL DIVIDEND AND CAPITAL REDUCTION AND REPAYMENT (“DISTRIBUTION”) ((I) AND (II) COLLECTIVELY REFERRED TO AS “CORPORATE EXERCISES”) |
(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcements dated 25 July 2012, 15 August 2012, 2 October 2012, 9 October 2012 and 1 November 2012, 30 November 2012, 3 December 2012, 18 December 2012, 20 December 2012 and 7 January 2013 in relation to the Corporate Exercises) On behalf of the Board, Maybank IB wishes to announce that the payment of RM1.70 per Share in relation to the Distribution was made today to the Entitled Shareholders and as such, the Company has completed the Capital Reduction and Repayment today. This announcement is dated 21 January 2013. | |
SIGN - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | SIGNATURE INTERNATIONAL BERHAD |
| Stock Name | SIGN |
| Date Announced | 21 Jan 2013 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | CC-130109-39951 |
KYM - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | KYM HOLDINGS BERHAD |
| Stock Name | KYM |
| Date Announced | 21 Jan 2013 |
| Category | General Announcement |
| Reference No | KH-130121-63520 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | KYM HOLDINGS BHD (“KYM” OR COMPANY”) DISPOSAL OF PARCELS OF LEASEHOLD LAND MEASURING A TOTAL OF APPROXIMATELY 5,797.8 SQ. METRES LOCATED AT GENTING HIGHLANDS BY KYM LEISURE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM8 MILLION (“DISPOSAL”) |
The Board of KYM Holdings Bhd, wishes to announce that KYM Leisure Sdn Bhd (“KLSB” or “Vendor”), an indirect wholly-owned subsidiary of KYM, had on 21 January 2013 entered into a conditional Sale and Purchase Agreement (“SPA”) with Bazarbayu Sdn Bhd (“Purchaser”) for the disposal of three (3) adjoining parcels of leasehold land measuring a total of approximately 5,797.8 sq. metres (1.43 acres) located at Genting Highlands, Pahang (“Property”) for a total cash consideration of RM8,000,000 (“Sale Consideration”). Please refer to the attachement for further details of the announcement. | |
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