January 18, 2013

Company announcements: PRTASCO, ALAQAR, PENERGY, WASEONG, TATGIAP, PCHEM

PRTASCO - Change in Boardroom

Announcement Type: Change in Boardroom
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced18 Jan 2013  
CategoryChange in Boardroom
Reference NoCA-130107-62706

Date of change18/01/2013
NameTan Yee Boon
Age37
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
Qualifications- LLB (Hons) from University of Glamorgan, Wales
- Admission Qualification Chartered Institue of
Arbitrators
- Certificate of Legal Practice, Malaysia  
Working experience and occupation 2009-2011:
- Independent and Non-Executive Director - China
Haikui Ltd, now listed on Prime Standard of
Frankfurt Stock Exchange under the name of Haikui
Seafood AG.

Since 2009:
- Independent and Non-Executive Director - Earnest
Investments Holdings Limited.

Since 1999:
- Practicing as an advocate and solicitor
specialising in commercial and corporate related
litigation and advisory works with focus in
enforcement of minority shareholders, shareholders
dispute, directors’ duties and related disputes.

- Involved in various corporate exercise including
takeovers, reverse takeovers, IPO and fund
raising.

1999:
- Admitted as an Advocate & Solicitor, High Court of
Malaya. 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 


PRTASCO - Change in Boardroom

Announcement Type: Change in Boardroom
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced18 Jan 2013  
CategoryChange in Boardroom
Reference NoCA-121218-54819

Date of change18/01/2013
NameMohamad Farid bin Mohd Yusof
Age54
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsMaster in Business Administration from University of Northern Colorado, USA 
Working experience and occupation Encik Mohamad Farid began his career with Bank of Commerce Berhad (now known as CIMB Bank Berhad) in 1984. During his tenure with the Bank, he was exposed to areas encompassing customer services; business development & maintenance; analysis of business opportunities & risk; financial analysis; loan portfolio management; loan recovery & restructuring; legal documentation; and planning, organizing and control. During his last few months with the Bank, his function and responsibilities encompasses direct control & supervision over Corporate Banking Department, Commercial & Consumer Banking Department and Customer Services Department at head office.

Encik Mohamad Farid left the commercial banking sector in 1995 to join KAF Discounts Berhad (now known as KAF Investment Bank Berhad) which was the largest discount house in Malaysia, in terms of shareholders’ funds, as General Manger/Head, Debt Capital Market Department. As Head of Capital Market, he was involved in assisting the MD/CEO in formulating, implementing and monitoring effective and sound investment approval policies, guidelines and procedures; and overseeing the development of new business and actively participate in the marketing for these businesses, and assisting the client in project viability analysis and the arrangement of fund raising through the issuance of private debt securities such as bonds, medium-term notes and short-term commercial papers.

Encik Mohamad Farid left KAF in early 2007 to set up his own corporate & business consultancy outfit to assist in the coordination of fund raising exercises for corporations in need of financing, and to provide advisory services to those corporations lacking in growth strategies/ business direction. One of the jobs he undertook in 2007 was for Commerce Asset Venture (“CAV”), where he was appointed as CAV’s Corporate Representative in Primabaguz Sdn Bhd (an investee company of CAV).

In November 2009, Encik Mohamad Farid was appointed as the CEO of Primabaguz Sdn Bhd (“PSB”) and as a Director in PSB’s wholly owned subsidiaries namely PAP Cashnet (M) Sdn Bhd, PAP Marketing Sdn Bhd and Next Choice Sdn Bhd – specifically to turnaround the PSB Group.

Encik Mohamad Farid left PSB in June 2012 upon expiry of his contract, to continue with his corporate & business consultancy activities. 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 


ALAQAR - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAL-`AQAR HEALTHCARE REIT  
Stock Name ALAQAR  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoJC-130118-8505F

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak
Peti Surat 11025
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)REIT units of RM 1.00 each
Name & address of registered holderMaybank Assets Management Sdn Bhd
Level 12, Tower C, Dataran Maybank
No 1, Jln Maarof, 59000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed15/01/2013
120,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change65,338,956
Date of notice15/01/2013

Remarks :
The notice dated 17 January 2013 was received on 18 January 2013 via fax.


PENERGY - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NamePETRA ENERGY BERHAD  
Stock Name PENERGY  
Date Announced18 Jan 2013  
CategoryGeneral Announcement
Reference NoMI-130118-61241

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionPETRA ENERGY BERHAD (“PEB” OR “COMPANY”)

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 107,250,000 NEW ORDINARY SHARES OF RM0.50 EACH IN PEB (“RIGHTS SHARES”) AT AN ISSUE PRICE TO BE DETERMINED LATER ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH HELD IN PEB ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE”)

We refer to the announcements made on 13 December 2012 and 18 December 2012 in relation to the Proposed Rights Issue (“Announcements”). Unless the context otherwise requires, all expressions used herein shall have the same meanings assigned thereto in the Announcements.

On behalf of the Board, Maybank IB wishes to announce that the Company has procured irrevocable written undertakings from certain substantial shareholders namely, Shorefield Resources Sdn Bhd, Wasco Energy Ltd and Dato’ Mohamed Nizam bin Abdul Razak, who collectively hold about 63.46% equity interest in the Company as at 31 December 2012, to subscribe in full for their respective number of Rights Shares entitlements together with additional Rights Shares by way of excess shares application (if required) under the Proposed Rights Issue to arrive at an aggregate amount of proceeds of up to RM102 million, being the Minimum Subscription Level.

In addition, the Board expects to fix the final issue price for the Proposed Rights Issue at a discount of not more than 15% to the TERP of PEB Shares immediately before the price-fixing date to be announced by the Board in due course, so as to encourage the take-up of the Rights Shares by the Entitled Shareholders and/or their renouncee(s) under the Proposed Rights Issue.

Further, Maybank IB also wishes to announce on behalf of the Board that an additional listing application and a draft circular to shareholders of PEB in relation to the Proposed Rights Issue have been submitted to Bursa Securities today for clearance.

This announcement is dated 18 January 2013.



WASEONG - OTHERS WAH SEONG CORPORATION BERHAD (“WSC” OR “THE COMPANY”) - PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN KAS SHIP MANAGEMENT SDN BHD (“KAS”) FOR A TOTAL PURCHASE CONSIDERATION OF RM3.0 MILLION BY PETRA ENERGY BERHAD (“PEB”) (“PROPOSED ACQUISITION”), AN INDIRECT ASSOCIATE COMPANY OF WSC

Announcement Type: General Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced18 Jan 2013  
CategoryGeneral Announcement
Reference NoCC-130118-51603

TypeAnnouncement
SubjectOTHERS
DescriptionWAH SEONG CORPORATION BERHAD (“WSC” OR “THE COMPANY”)
- PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN KAS SHIP MANAGEMENT SDN BHD (“KAS”) FOR A TOTAL PURCHASE CONSIDERATION OF RM3.0 MILLION BY PETRA ENERGY BERHAD (“PEB”) (“PROPOSED ACQUISITION”), AN INDIRECT ASSOCIATE COMPANY OF WSC

Reference is made to the announcement dated 17 January 2013 in relation to the above.

The Board of Directors of WSC wishes to inform that the date of the conditional SSA entered into between PEB and the Vendors to acquire the Sale Shares, representing 100% equity interest in KAS for a total purchase consideration of RM3.0 million should read as 17 January 2013 instead of 15 January 2013.

Definition used in this announcement shall carry the same meaning as defined in the announcement dated 17 January 2013 unless stated otherwise.

This announcement is dated 18 January 2013.



WASEONG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced18 Jan 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130118-2C640

Date of buy back18/01/2013
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)67,000
Minimum price paid for each share purchased ($$)1.740
Maximum price paid for each share purchased ($$)1.740
Total consideration paid ($$)116,848.56
Number of shares purchased retained in treasury (units)67,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)5,222,149
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.674


WASEONG - 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 NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced18 Jan 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCC-130118-E8FDC

Date of buy back from04/01/2013
Date of buy back to16/01/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)358,700
Minimum price paid for each share purchased ($$)1.690
Maximum price paid for each share purchased ($$)1.740
Total amount paid for shares purchased ($$)624,851.71
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)358,700
Total number of shares retained in treasury (units)5,098,149
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies18/01/2013
Lodged by Wah Seong Corporation Berhad


TATGIAP - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameTATT GIAP GROUP BERHAD  
Stock Name TATGIAP  
Date Announced18 Jan 2013  
CategoryChange in Audit Committee
Reference NoCC-130109-51494

Date of change18/01/2013
NameFoo Kee Fatt
Age47
NationalityMalaysian
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsCertified Public Accountant (MICPA) 
Working experience and occupation Mr Foo started his career in Kasim Chan & Co, Chartered Accountants (now known as Deloitte).
In 1993, Mr Foo moved on to Peter Chong & Co, Chartered Accountants (an independent member of BKR International). Mr Foo joined John Lim & Associates, a Muar based chartered accountants firm as Partner in 2007 and in the same year set up his own firm, KFF, where he is currently a partner. In 2011, Mr Foo joined J.S. Soo & Co as a Partner. 
Directorship of public companies (if any)Central Industrial Corporation Berhad
Independent Non-Executive Director

Padini Holdings Berhad
Independent Non-Executive Director 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)Chairman:
Foo Kee Fatt - Independent Non-Executive Director

Members:
Loh Eng Wee - Independent Non-Executive Director
Dato' Rosely bin Samsuri - Non-Independent Non-Executive Director

Remarks :
This appointment is effective 18 January 2013.


TATGIAP - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameTATT GIAP GROUP BERHAD  
Stock Name TATGIAP  
Date Announced18 Jan 2013  
CategoryChange in Boardroom
Reference NoCC-130109-52954

Date of change18/01/2013
NameFoo Kee Fatt
Age47
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateIndependent & Non Executive
QualificationsCertified Public Accountant (MICPA) 
Working experience and occupation Mr Foo started his career in Kasim Chan & Co, Chartered Accountants (now known as Deloitte).
In 1993, Mr Foo moved on to Peter Chong & Co, Chartered Accountants (an independent member of BKR International). Mr Foo joined John Lim & Associates, a Muar based chartered accountants firm as Partner in 2007 and in the same year set up his own firm, KFF, where he is currently a partner. In 2011, Mr Foo joined J.S. Soo & Co as a Partner. 
Directorship of public companies (if any)Central Industrial Corporation Berhad
Independent Non-Executive Director

Padini Holdings Berhad
Independent Non-Executive Director 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 

Remarks :
This appointment is effective 18 January 2013.


PCHEM - 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 NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced18 Jan 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPC-130118-080F3

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 RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed15/01/2013
127,300
 

Circumstances by reason of which change has occurredSale of shares in the open market
Nature of interestDirect
Direct (units)127,300 
Direct (%)0.002 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change984,436,600
Date of notice16/01/2013

Remarks :
Form 29B dated 16 January 2013 was received by the Company on 18 January 2013.


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