CIMB - OTHERS 1. PROPOSED RENEWAL OF THE AUTHORITY FOR CIMB GROUP HOLDINGS BERHAD ("CIMB GROUP") TO PURCHASE ITS OWN SHARES 2. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION
Company Name | CIMB GROUP HOLDINGS BERHAD |
Stock Name | CIMB |
Date Announced | 22 Feb 2013 |
Category | General Announcement |
Reference No | CG-130204-60211 |
Type | Announcement |
Subject | OTHERS |
Description | 1. PROPOSED RENEWAL OF THE AUTHORITY FOR CIMB GROUP HOLDINGS BERHAD ("CIMB GROUP") TO PURCHASE ITS OWN SHARES 2. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION |
CIMB Group wishes to announce that it will be seeking its shareholders' approval for the following proposals at its 56th Annual General Meeting to be convened on a date to be announced later : - (a) Proposed renewal of the authority for CIMB Group to purchase its own shares of up to 10% of the issued and paid-up capital of CIMB Group ("Proposed Share Buy-Back"); and (b) Proposed Amendments to the Articles of Association. |
PESTECH - Quarterly rpt on consolidated results for the financial period ended 31/12/2012
Company Name | PESTECH INTERNATIONAL BERHAD |
Stock Name | PESTECH |
Date Announced | 22 Feb 2013 |
Category | Financial Results |
Reference No | CS-130222-045D3 |
Financial Year End | 31/12/2012 |
Quarter | 4 |
Quarterly report for the financial period ended | 31/12/2012 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2012 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 52,041 | 0 | 136,098 | 132,048 |
2 | Profit/(loss) before tax | 12,331 | 0 | 23,039 | 17,368 |
3 | Profit/(loss) for the period | 9,297 | 0 | 16,633 | 12,686 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 9,277 | 0 | 16,580 | 12,711 |
5 | Basic earnings/(loss) per share (Subunit) | 11.52 | 0.00 | 20.59 | 25.00 |
6 | Proposed/Declared dividend per share (Subunit) | 3.30 | 0.00 | 5.70 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 81.3400 | 53.2000 |
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
PESTECH - Interim Dividend
Company Name | PESTECH INTERNATIONAL BERHAD |
Stock Name | PESTECH |
Date Announced | 22 Feb 2013 |
Category | Entitlements (Notice of Book Closure) |
Reference No | CS-130222-08CFE |
PJBUMI - Change in Audit Committee
Company Name | PJBUMI BERHAD |
Stock Name | PJBUMI |
Date Announced | 22 Feb 2013 |
Category | Change in Audit Committee |
Reference No | CC-130222-67724 |
Date of change | 22/02/2013 |
Name | AHMAD BIN MD DAUD |
Age | 59 |
Nationality | MALAYSIAN |
Type of change | Appointment |
Designation | Member of Audit Committee |
Directorate | Independent & Non Executive |
Qualifications | Master in Business Administration from University Technology Mara (UiTM) in 2000 Diploma in Electrical and Electronics Engineering from Institute Technology Mara (ITM) in 1976 |
Working experience and occupation | He started his career as Process Engineer with National Semiconductor Sdn Bhd and later joined Texas Instruments Malaysia Sdn Bhd as Process Control Engineer involved in semiconductor assembly. In January 1983, he joined Bank Pembangunan Malaysia Berhad and was posted into various positions and carrying out various duties from technical evaluation, project rehabilitation, project appraisal, entrepreneurial development, branch operation to risk management. He has vast knowledge and experience in the banking operation. His last position was as an Assistant Vice President, Operational Risk Management which he held before he opted for early retirement in December 2010. Presently, he is the Managing Director of AMD Agrofarm Sdn Bhd involved in livestock quarantine services and import of live cattle for local market. |
Directorship of public companies (if any) | NIL |
Family relationship with any director and/or major shareholder of the listed issuer | NIL |
Any conflict of interests that he/she has with the listed issuer | NIL |
Details of any interest in the securities of the listed issuer or its subsidiaries | NIL |
Composition of Audit Committee (Name and Directorate of members after change) | 1. ABDUL RAHMAN BIN HAJI SIRAJ Chairman of Audit Committee (Independent & Non-Executive Director) 2. AHMAD BIN MD DAUD Member of Audit Committee (Independent & Non-Executive Director) 3.MOHD MAHYUDIN BIN ZAINAL Member of Audit Committee (Non-Independent & Non-Executive Director) |
WANGZNG - Wang-Zheng Berhad (“WZB” or “the Company”) - Subscription of Shares by Carefeel Cotton Industries (M) Sdn Bhd (“CCI”) In Oscar Cheers Sdn Bhd (“OCSB”)
Company Name | WANG-ZHENG BERHAD |
Stock Name | WANGZNG |
Date Announced | 22 Feb 2013 |
Category | General Announcement |
Reference No | CC-130222-7B023 |
Type | Reply to query | ||||||
Reply to Bursa Malaysia's Query Letter - Reference ID | GG-130220-42578 | ||||||
Subject | Wang-Zheng Berhad (“WZB” or “the Company”) - Subscription of Shares by Carefeel Cotton Industries (M) Sdn Bhd (“CCI”) In Oscar Cheers Sdn Bhd (“OCSB”) | ||||||
Description | Wang-Zheng Berhad (“WZB” or “the Company”) - Subscription of Shares by Carefeel Cotton Industries (M) Sdn Bhd (“CCI”) In Oscar Cheers Sdn Bhd (“OCSB”) | ||||||
Query Letter Contents | We refer to the Company's announcements dated 8 February 2013 and 19 February 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. To provide information on Sunsuria Development Sdn Bhd ("Sunsuria") and Peekay Global Sdn Bhd including, but not limited to, date of incorporation, commencement date of business, principal activity, authorised and issued and paid-up share capital, name of directors and substantial shareholders together with their shareholdings. 2. Details of the Joint Venture Agreement ("JVA") between Sunsuria and Mega Milestone Sdn Bhd including the terms of the cost and profit sharing mechanism. 3. To state the rationale for the Joint Investment Agreement to be conditional upon the JVA. 4. To be more specific with regard to the claim that Sunsuria is entitled against CCI. 5. To spell out the terms of the Shareholders' Agreement. 6. A statement on whether the Subscription will result in diversification in operations by Wang-Zheng Berhad pursuant to paragraph 10.13 of the Main Market Listing Requirements. 7. To provide the basis to derive the net sales estimated at RM500 per square feet. 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) | ||||||
We refer to the Company’s announcements dated 8 February 2013 and 19 February 2013, respectively. The Company wishes to further announce the followings: - 1. Information on Sunsuria Development Sdn Bhd ("Sunsuria") and Peekay Global Sdn Bhd i) Sunsuria a) Date of incorporation: 1 March 2002 b) Commencement date of Business: commenced business during the financial year 2003 c) Principal activity: investment holding and property development d) Authorised capital: RM5 million comprising 5 million shares of RM1.00 each e) Paid-up capital: RM3 million comprising 3 million shares of RM1.00 each f) Directors: Dato’ Datuk Ter Leong Datin Kwan May Yuen Mr. Wong Yuen Teck Ms. Ter Leong Ping g) Shareholders: Sunsuria is 100% owned by its parent, Sunsuria Holdings Sdn. Bhd. ii) Peekay Global Sdn Bhd a) Date of incorporation: 31 January 2013 b) Commencement date of Business: 8 February 2013 c) Principal activity: Investment holdings d) Authorised capital: RM100,000.00 comprising 100,000 shares of RM1.00 each e) Paid-up capital: RM2.00 comprising 2 shares of RM1.00 each f) Directors: Mr. Lee Piang Koon Ms. Lee Jie Rou g) Shareholders: Mr. Lee Piang Koon (1 share = 50%) Ms. Lee Jie Rou (1 share = 50%) 2. Details of the Joint Venture Agreement between Sunsuria and Mega Milestone Sdn Bhd including the terms of the cost and profit sharing mechanism The Joint Venture Agreement (JVA) is between Oscar Cheers Sdn Bhd (OCSB) and Mega Milestone Sdn Bhd (Mega Milestone) instead of Sunsuria. The terms of the cost and profit sharing mechanism of the JVA between OCSB & Mega Milestone are: i) OCSB, being the developer, is to allot to Mega Milestone, the landowner, the parcels/units of property developed in the Land owned by Mega Milestone for a total value of RM115,170,070.00 (hereinafter called the “Owners Entitlement”). The Owners Entitlement is to be based on the sales value of each type of property which shall be determined by the developer, ie OCSB’s offer price of the parcels/units of property to be offered for sale to the public when launched for sale. ii) The developer OCSB shall upon execution of the JVA: a) apply to the proper authorities for all necessary licences (if applicable) pertaining to the Development; b) prepare and submit the plans and specifications in respect of the Mall, Offices and Retail Spaces to be erected on the Land to the proper authorities with such amendments from time to time as may be required, and c) pay all costs and expenses incurred in or about the applications for approval and subdivision of the Land including all premium charges and any other contributions payable 3. To state the rationale for the Joint Investment Agreement to be conditional upon the JVA The rationale for the Joint Investment Agreement to be conditional upon the JVA is due to the subscription of shares in OCSB by CCI is in view of the development potential and prospects of OCSB’s proposed mixed development project located at Setia Alam, Mukim Bukit Raja, Selangor pertaining to the JVA. 4. To be more specific with regard to the claim that Sunsuria is entitled against CCI There is no specific terms with regard to the claim that Sunsuria is entitled against CCI as the terms stated in the said agreement is a commercial terms of which the claim could be only determined later. 5. The salient terms and conditions of the Shareholders’ Agreement include, amongst others, the following: i) The shares in OCSB shall be held in the following proportion :
ii) Sunsuria, CCI and PGSB (collectively referred to as the “Shareholders”) have decided to set forth the terms of the Shareholders’ Agreement with respect to the organisation, management and operation of OCSB and further to specify the relationship between them as Shareholders of OCSB all of which are to be governed by the Shareholders’ Agreement and the Memorandum and Articles of Association of OCSB provided in the Shareholders’ Agreement. iii) The term of the Shareholders’ Agreement shall come into full force and effect on the date of signing of the Shareholders’ Agreement and shall remain effective until terminated in accordance with the provisions of item 5 (vii) below. Upon the termination of the Shareholders’ Agreement, the Shareholders shall thereafter take the necessary action to wind-up the Company. iv) Notwithstanding of item 5 (iii) above, if a Shareholder : (a) shall enter into any proceeding for its dissolution, becomes insolvent, makes an assignment of a substantial part of its assets for the benefit of its creditors, or consents to the appointment of a receiver or manager; (b) is owned or substantially controlled, through merger, conciliation, entrustment of its management, transfer of its ownership or in any other manner, by a third party whose business competes with that of the Company; (c) if a receiver or manager is appointed by the court for the administration appointed over the whole or any part of its undertaking or assets and such administration is not discharged within a period of thirty (30) days; (d) if any winding-up or liquidation proceedings is instituted against any Shareholder which remain unresolved within a period of thirty (30) days; (e) shall fail to take all necessary action to remedy any breach of the Shareholders’ Agreement within sixty (60) days from the service of any written notice by the other Shareholder complaining of such breach; (f) shall go into voluntary liquidation otherwise than for the purpose of reconstruction or amalgamation or an order of the Malaysian Court is made for its compulsory liquidation; (g) shall enter into any composition or arrangement with its creditors; then in such an event the other Shareholder shall without prejudice to such other rights and remedies it may have, be entitled by written notice to effect the matters as set out below. v) In the event of a Shareholder defaulting under item 5 (iv) above, the Shareholder to whom the circumstances referred to in item 5 (iv) (a) to (g) inclusive shall be deemed to have made an offer to sell to the other all of its shares in the Company under the provision stated on the Shareholders’ Agreement shall apply mutatis mutandis. vi) The obligations of each of the Shareholders shall continue for so long as it remains a holder of shares in the Company and shall survive notwithstanding the cessation of such person as a shareholder in the Company so long as the obligations in relation to that person is expressly or by implication intended to survive or to continue in force or come into force upon or after such cessation, and without prejudice to the due performance by such person of all its obligations up to the date of such cessation and the remedies of any of the other Shareholder in respect of a breach thereof. vii) Where the Shareholders’ Agreement provides that any particular transaction or matter requires the consent, approval or agreement of any Shareholder such consent, approval or agreement may be given subject to such terms and conditions as that Shareholders may impose and any breach of such terms and conditions by any person subject thereto shall ipso facto be deemed to be a breach of the terms of this Agreement. viii) The termination of the Shareholders’ Agreement however caused and the ceasing by any Shareholder to hold any shares shall be without prejudice to any obligations or rights of any of the Shareholders which has accrued prior to such termination or cessation of the Shareholder in holding the shares and shall not affect any provision of this Agreement which is expressly or by implication provided to come into effect on or to continue in effect after such termination or cessation. 6. Whether the Subscription will result in diversification in operations by Wang-Zheng Berhad pursuant to paragraph 10.13 of the Main Market Listing Requirements. The Subscription will not result in diversification in operations by Wang-Zheng Berhad pursuant to paragraph 10.13 of the Main Market Listing Requirements. 7. To provide the basis to derive the net sales estimated at RM500 per square foot. The basis to derive the net sales estimated at a conservative RM500 per square foot is based on management’s understanding of the market prices of similar products for serviced apartments in the area during the past year of which is from the range of RM480 to RM625 per square foot. This announcement is made on 22 February 2013.
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KKB - OTHERS (1) RECOMMENDATION OF FIRST AND FINAL DIVIDEND (2) PROPOSED RENEWAL OF AND NEW SHAREHOLDER MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“RRPT”) (“Proposed Shareholders Mandate”) (3) PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION OF THE COMPANY (“Proposed Amendments”)
Company Name | KKB ENGINEERING BERHAD |
Stock Name | KKB |
Date Announced | 22 Feb 2013 |
Category | General Announcement |
Reference No | CC-130220-30909 |
Type | Announcement |
Subject | OTHERS |
Description | (1) RECOMMENDATION OF FIRST AND FINAL DIVIDEND (2) PROPOSED RENEWAL OF AND NEW SHAREHOLDER MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“RRPT”) (“Proposed Shareholders Mandate”) (3) PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION OF THE COMPANY (“Proposed Amendments”) |
The Board of Directors of KKB Engineering Berhad (“KKB”) wishes to announce that the Board has on 22 February 2013: (i) recommended a first and final dividend of 5 sen per ordinary share of RM0.50 each, taxable at 25%, in respect of the financial year ended 31 December 2012, subject to approval by the shareholders at the forthcoming Thirty-Seventh Annual General Meeting. The date of the Thirty-Seventh Annual General Meeting and the dates of the first and final dividend entitlement and payment will be announced at a later date. (ii) proposed to seek shareholder mandate for the existing and new RRPT by way of an ordinary resolution at the forthcoming annual general meeting of KKB (“AGM”) to be convened at a later date. A Circular to Shareholders is currently being prepared for seeking shareholders' approval on the Proposed Shareholder Mandate. The existing shareholder mandate was obtained at the AGM of KKB held on 10 May 2012. In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, this existing shareholder mandate shall lapse at the conclusion of the forthcoming AGM, unless renewal is obtained. (iii) proposed to seek shareholders' approval on the Proposed Amendments by way of a special resolution at the forthcoming AGM. Details of the Proposed Amendments will be distributed to the shareholders of KKB at a later date. This announcement is dated 22 February 2013. |
KKB - Quarterly rpt on consolidated results for the financial period ended 31/12/2012
Company Name | KKB ENGINEERING BERHAD |
Stock Name | KKB |
Date Announced | 22 Feb 2013 |
Category | Financial Results |
Reference No | CC-130214-C773B |
Financial Year End | 31/12/2012 |
Quarter | 4 |
Quarterly report for the financial period ended | 31/12/2012 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2012 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 38,468 | 69,384 | 166,709 | 234,484 |
2 | Profit/(loss) before tax | 8,157 | 9,669 | 26,917 | 62,400 |
3 | Profit/(loss) for the period | 7,784 | 7,194 | 21,869 | 47,117 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 7,318 | 6,701 | 20,494 | 46,607 |
5 | Basic earnings/(loss) per share (Subunit) | 2.84 | 2.60 | 7.95 | 18.08 |
6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 5.00 | 0.00 | 10.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.0000 | 0.9600 |
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
KKB - Quarterly rpt on consolidated results for the financial period ended 31/12/2012 (Amended Announcement)
Company Name | KKB ENGINEERING BERHAD |
Stock Name | KKB |
Date Announced | 22 Feb 2013 |
Category | Financial Results |
Reference No | CC-130222-89C9D |
Financial Year End | 31/12/2012 |
Quarter | 4 |
Quarterly report for the financial period ended | 31/12/2012 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2012 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 38,468 | 69,384 | 166,709 | 234,484 |
2 | Profit/(loss) before tax | 8,157 | 9,669 | 26,917 | 62,400 |
3 | Profit/(loss) for the period | 7,784 | 7,194 | 21,869 | 47,117 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 7,318 | 6,701 | 20,494 | 46,607 |
5 | Basic earnings/(loss) per share (Subunit) | 2.84 | 2.60 | 7.95 | 18.08 |
6 | Proposed/Declared dividend per share (Subunit) | 5.00 | 5.00 | 5.00 | 10.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.0000 | 0.9600 |
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
INTEGRA - Change in Audit Committee
Company Name | INTEGRAX BERHAD |
Stock Name | INTEGRA |
Date Announced | 22 Feb 2013 |
Category | Change in Audit Committee |
Reference No | CK-130222-35737 |
Date of change | 21/02/2013 |
Name | Fazlur Rahman bin Zainuddin |
Age | 43 |
Nationality | Malaysian |
Type of change | Appointment |
Designation | Member of Audit Committee |
Directorate | Non Independent & Non Executive |
Qualifications | Fellow of the Association of Chartered Certified Accountants (ACCA), United Kingdom |
Working experience and occupation | July 2012 - present : Chief Financial Officer of Tenaga Nasional Berhad July 2010 - June 2012 : Chief Financial Officer of NAZA Group of Companies November 2008 - June 2010 : Vice President, Business Development of Telekom Malaysia Berhad March 2008 - October 2008 : Vice President Finance, Business Planning & Transformation of Telekom Malaysia Berhad September 2006 - March 2008 : Chief Financial Officer, Malaysia Business of Telekom Malaysia Berhad August 2005 - September 2006 : Chief Financial Officer of TM Net Sdn. Bhd. November 2001 - August 2005 : Manager, Retail Finance Malaysia & Singapore of Shell Malaysia Trading Sdn. Bhd. June 2001 to November 2001 : Adviser, Capital & Financing Structures (Corporate Treasury) of Shell Malaysia Ltd. February 2000 - June 2001 : Corporate Finance Adviser (Corporate Finance) of Shell Malaysia Ltd. June 1998 - February 2000 : Management Accountant, Business Services Department of PS Pipeline Sdn. Bhd. (Joint Venture between Shell Malaysia Trading Sdn. Bhd. and Petronas Dagangan Berhad) October 1996 - May 1998 : Management Accountant, Finance - Planning & Appraisal Department of Shell Malaysia Trading Sdn. Bhd. May 1995 - September 1996 : Financial & Management Accountant, Finance Department of Tiram Kimia Sdn. Bhd. (an associate company to Shell Malaysia) January 1993 - May 1995 : Tax Consultant, Tax & Business Services Department of Pricewaterhouse Tax Services Sdn. Bhd. July 1990 - February 1992 : Trainee Certified Accountant, Helmore Helmore & Co., Chartered Accountants, London |
Directorship of public companies (if any) | Nil |
Family relationship with any director and/or major shareholder of the listed issuer | Nil |
Any conflict of interests that he/she has with the listed issuer | Nil |
Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
Composition of Audit Committee (Name and Directorate of members after change) | Chairman: Mr. Chan Wan Siew. Member: Mr. Loong Foo Ching; Ir. Abdul Manap bin Ali Hasan; Encik Fazlur Rahman bin Zainuddin. |
SAM-LA - Loan Stock Interest
Company Name | SAM ENGINEERING & EQUIPMENT (M) BERHAD |
Stock Name | SAM-LA |
Date Announced | 22 Feb 2013 |
Category | Entitlements (Notice of Book Closure) |
Reference No | CC-130220-32014 |
Remarks : |
This annoucement is dated 22 February 2013. |
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