February 4, 2013

Company announcements: BCTTECH, PASUKGB, CIMBA40, CIMBC25, MMCCORP, AIRPORT, MUDAJYA, SUNREIT, HLCAP, KBB

BCTTECH - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameBCT TECHNOLOGY BERHAD (ACE Market) 
Stock Name BCTTECH  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoCA-130131-62423

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionBCT TECHNOLOGY BERHAD ("BCT" or "the Company")
- Monthly Announcement on the Status of the Company's Plan to Comply with the Obligation to Regularise Its Condition Pursuant to Guidance Note 3 of Bursa Malaysia Securities Berhad ACE Market Listing Requirements

Reference is made to the Company’s announcement made on 2 January 2013.

The Company wishes to announce that there are no major developments on the status of plans to regularise the Company's financial condition other than those publicly announced.

This announcement is dated 4 February 2013.



PASUKGB - OTHERS PASUKHAS GROUP BERHAD (“PGB” or “the Company”) - Clarification on Article Entitled “Pasukhas emerged as the frontrunner to secure a RM300 million water supply contract in Indonesia

Announcement Type: General Announcement
Company NamePASUKHAS GROUP BERHAD (ACE Market) 
Stock Name PASUKGB  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoCA-130204-65442

Admission SponsorOSK Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionPASUKHAS GROUP BERHAD (“PGB” or “the Company”)
- Clarification on Article Entitled “Pasukhas emerged as the frontrunner to secure a RM300 million water supply contract in Indonesia

We refer to the news article published in the China Press on 3 February 2013, entitled “Pasukhas emerged as the frontrunner to secure a RM300 million water supply contract in Indonesia”, particularly on the following statement:

“……believed to have emerged as the frontrunner to secure a RM300 million water supply contract in Indonesia.”

The Board, having made due enquiry on the press statement, wishes to inform that the Company has not been awarded such contract in Indonesia and has not participated in any tender for the said contract.

As of to-date, the Board is not aware and has no knowledge of the aforesaid matter.

This announcement is dated 4 February 2013.



CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoOB-130204-68425

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 04-Feb-2013
IOPV per unit (RM): 1.7248
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 11,370.83

Attachments

Asean40.pdf
10 KB



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoOB-130204-68344

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 04-Feb-2013
IOPV per unit (RM): 1.0191
Units in circulation (units): 29,250,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 18,334.77

Attachments

china25.pdf
25 KB



MMCCORP - OTHERS MMC CORPORATION BERHAD (“MMC”) PROPOSED LISTING OF MALAKOFF CORPORATION BERHAD (“MCB”), A SUBSIDIARY OF MMC, ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“PROPOSED LISTING”)

Announcement Type: General Announcement
Company NameMMC CORPORATION BERHAD  
Stock Name MMCCORP  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoMI-130204-64677

TypeAnnouncement
SubjectOTHERS
DescriptionMMC CORPORATION BERHAD (“MMC”)

PROPOSED LISTING OF MALAKOFF CORPORATION BERHAD (“MCB”), A SUBSIDIARY OF MMC, ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“PROPOSED LISTING”)

(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 11 December 2012, unless otherwise stated.)

We refer to the announcements dated 11 December 2012, 21 December 2012 and 22 January 2013 in relation to the Proposed Listing.

On behalf of MMC, Maybank IB is pleased to announce that the Shariah Advisory Council of the Securities Commission Malaysia (“SC”) had, vide its letter dated 30 January 2013 (which was received on 4 February 2013), classified all the MCB Shares as Shariah-compliant securities based on the latest audited financial statements of MCB for the financial year ended 31 December 2011, subject to the SC approving the Proposals.

This announcement is dated 4 February 2013.

This announcement is not an offer for sale of the securities of MCB in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the United States Securities Act of 1933, as amended. MCB does not intend to register any portion of the offering in the United States or to conduct a public offering of its securities in the United States.



AIRPORT - OTHERS Proposed Final Dividend

Announcement Type: General Announcement
Company NameMALAYSIA AIRPORTS HOLDINGS BERHAD  
Stock Name AIRPORT  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoMA-130201-62168

TypeAnnouncement
SubjectOTHERS
DescriptionProposed Final Dividend

The Board of Directors of Malaysia Airports Holdings Berhad (the "Company") is pleased to announce that the Company is proposing a final single-tier dividend of 7.63 sen per ordinary share in respect of the financial year ended 31 December 2012, subject to the approval of the shareholders at the forthcoming Annual General Meeting.

The dividend entitlement and payment date will be determined and announced in due course.

This announcement is dated 4 February 2013.



MUDAJYA - 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 NameMUDAJAYA GROUP BERHAD  
Stock Name MUDAJYA  
Date Announced4 Feb 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoMG-130131-8FCF1

Date of buy back from22/01/2013
Date of buy back to30/01/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)235,700
Minimum price paid for each share purchased ($$)2.530
Maximum price paid for each share purchased ($$)2.580
Total amount paid for shares purchased ($$)606,648.16
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)235,700
Total number of shares retained in treasury (units)6,006,100
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies04/02/2013
Lodged by Mudajaya Group Berhad


SUNREIT - SUNREIT-Request For Suspension

Announcement Type: Listing Circular
Company NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT  
Date Announced4 Feb 2013  
CategoryListing Circular
Reference NoNE-130204-66087

LISTING'S CIRCULAR NO. L/Q : 67026 OF 2013

Kindly be advised that at the request of the management company of SUNREIT, trading in its units will be suspended with effect from 9.00 a.m., Tuesday, 5 February 2013 pending an announcement.


HLCAP - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameHONG LEONG CAPITAL BERHAD  
Stock Name HLCAP  
Date Announced4 Feb 2013  
CategoryPDF Submission
Reference NoHC-130204-41598

SubjectCONDITIONAL TAKE-OVER OFFER BY OSK INVESTMENT BANK BERHAD ON BEHALF OF HONG LEONG FINANCIAL GROUP BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN HONG LEONG CAPITAL BERHAD NOT ALREADY HELD BY HONG LEONG FINANCIAL GROUP BERHAD ("OFFER SHARES") FOR A CASH CONSIDERATION OF RM1.71 PER OFFER SHARE ("OFFER")


KBB - KBB RESOURCES BERHAD (“KBB” OR “THE COMPANY”) - PROPOSED ACQUISITION OF 10% EQUITY INTEREST IN WORLD GRANARY HOLDING LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF RM21,000,000 (“PROPOSED ACQUISITION”)

Announcement Type: General Announcement
Company NameKBB RESOURCES BERHAD  
Stock Name KBB  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoCC-130204-51872

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDGG-130130-57048
SubjectKBB RESOURCES BERHAD (“KBB” OR “THE COMPANY”)
- PROPOSED ACQUISITION OF 10% EQUITY INTEREST IN WORLD GRANARY HOLDING LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF RM21,000,000 (“PROPOSED ACQUISITION”)
DescriptionKBB RESOURCES BERHAD (“KBB” OR “THE COMPANY”)
- PROPOSED ACQUISITION OF 10% EQUITY INTEREST IN WORLD GRANARY HOLDING LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF RM21,000,000 (“PROPOSED ACQUISITION”)
Query Letter Contents We refer to the Company's announcement dated 28 January 2013, in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. Commencement date of business operation of Tianxia.

2. Principal market for the products of Tianxia Group, whether i.e is entirely
for the China market or otherwise.

3. To quantify the increase in production output for FYE 31 December 2011 and
FYE 31 December 2012 in order to substantiate the increase in revenue.

4. Basis in arriving at the purchase consideration other than on a
willing-buyer willing-seller basis.

5. To clarify further why the NA of Tianxia as disclosed in Section 2.2 differ
from the number presented under the proforma consolidated results of Tianxia
group for FYE 31 December 2011 and FYE 31 December 2012.

6. To provide the reason for the decrease in the NA of Tianxia for FYE 31
December 2012 (i.e. RM86.65 million) as compared to FYE 31 December 2011.

7. To provide the name of Relevant Authorities in which the approval is
required.

8. To be more specific on "such other consents or approvals as may be required
of a relevant third party of the Vendor".

9. To further elaborate on how the Proposed Acquisition will represent a
strategic move and enhance the strategic collaboration between KBB and Tianxia
in view that the Proposed Acquisition only represent 10% equity interest in
Tianxia.

10. To state whether KBB has appointed any principal adviser for the Proposed
Acquisition.

11. To further clarify this statement "the Board is of the opinion that the
issue price is fair and to the detriment to the shareholders of KBB".

12. To provide the highest percentage ratio applicable to the Proposed
Acquisition pursuant to paragraph 10.02(g) of the Main Market Listing
Requirements.


Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully





HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/TGG
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)

1. Commencement date of business operation of Tianxia.

Tianxia was incorporated on 19 June 2012 as an investment holding company.

Tianxia’s key operating subsidiaries in China 德州峰宇面粉有限公司 (Dezhou Fengyu Wheat Flour Company Limited) and 峰宇面粉有限公司 (Shandong Fengyu Wheat Flour Company Limited) were established in 7 September 2001 and 14 January 2004 respectively.

2. Principal market for the products of Tianxia Group, whether i.e. is entirely for the China market or otherwise.

Tianxia Group is currently markets its products entirely for the China market.

3. To quantify the increase in production output for FYE 31 December 2011 and FYE 31 December 2012 in order to substantiate the increase in revenue.

The total production output sold in FYE 31 December 2010, FYE 31 December 2011 and FYE 31 December 2012 are as follows:-

FYE 2010

FYE 2011

FYE 2012

’000 kg

’000 kg

’000 kg

Flour

142,707

196,433

309,357

Noodle

-

40,881

90,000

By products

48,051

56,429

96,804

Total

190,758

293,743

496,161

The total production output has increased by approximately 54% or 103 million kg in FYE 2011and further increased by approximately 69% or 202 million kg in FYE 2012.

4. Basis in arriving at the purchase consideration other than on a willing-buyer willing-seller basis.

The other basis in arriving at the purchase consideration is based on price-earnings method (“PE”). The total market valuation of Tianxia Group is as follows: -

RM’000

Forecasted Profit after Tax

:

35,000

PE multiple (time)

:

6

Total market value

:

210,000

10% equity interest (purchase consideration)

:

21,000

5. To clarify further why the NA of Tianxia as disclosed in Section 2.2 differ from the number presented under the proforma consolidated results of Tianxia group for FYE 31 December 2011 and FYE 31 December 2012.

The value stated in Section 2.2 has been wrongly interpreted as premium between total valuation of Tianxia and NA of Tianxia, of which derived as follows: -

RM’000

Valuation of Tianxia

210,000

NA of Tianxia

(123,354)

86,646

The NA of Tianxia is RM97.72 million for FYE 31 December 2011 and RM123.35 million for FYE 31 December 2012 respectively

6. To provide the reason for the decrease in the NA of Tianxia for FYE 31 December 2012 (i.e. RM86.65 million) as compared to FYE 31 December 2011.

There is no decrease in NA of Tianxia. Kindly refer to our reply in question 5 above.

7. To provide the name of Relevant Authorities in which the approval is required.

Save as disclosed in Section 7 of the announcement, the Proposed Acquisition is not subject to or conditional upon any other approvals.

8. To be more specific on "such other consents or approvals as may be required of a relevant third party of the Vendor".

The relevant third party would include the following:-

(i) The bankers or financiers of the Tianxia Group;

(ii) Major suppliers and customers of the Tianxia Group; and

(iii) Landlord of the Tianxia Group, if there are leased premises agreements.

The relevant third party will be identified once the due diligence is conducted and completed.

9. To further elaborate on how the Proposed Acquisition will represent a strategic move and enhance the strategic collaboration between KBB and Tianxia in view that the Proposed Acquisition only represent l 0% equity interest in Tianxia.

Tianxia will only consider this strategic business collaboration after the acquisition of the 10% equity interest in Tianxia.

10. To state whether KBB has appointed any principal adviser for the Proposed Acquisition.

KBB has not appointed any principal adviser for the Proposed Acquisition. The principal adviser will be appointed at a later date and an announcement will be made to Bursa Securities on such appointment.

11. To further clarify this statement "the Board is of the opinion that the issue price is fair and to the detriment to the shareholders of KBB ".

The board wishes to inform that the statement should be read as “the Board is of the opinion that the issue price is fair and NOT to the detriment of the shareholders of KBB”.

12. To provide the highest percentage ratio applicable to the Proposed Acquisition pursuant to paragraph 10.02(g) of the Main Market Listing Requirements.

The highest percentage ratio applicable to the Proposed Acquisition pursuant to Paragraph 10.02 (g)(i) & (iii) of Bursa Securities’ Main Market Listing Requirements is 94.25% which are the value of assets compared against the NA of KBB and the Purchase Consideration compared against the NA of KBB for FYE 30 June 2012.

This announcement is dated 4 February 2013.



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