EKIB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | EMAS KIARA INDUSTRIES BERHAD |
Stock Name | EKIB |
Date Announced | 20 Feb 2013 |
Category | General Announcement |
Reference No | CK-130219-CCAA6 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | Emas Kiara Industries Berhad (1) Sale and Purchase Agreement for Acquisition of Business and Assets (2) Shareholders Agreement |
Reference is made to the announcement made by Emas Kiara Industries Berhad (“EKIB” or “the Company”) on 19 October 2012 on the subject matter. The Company wishes to announce that its wholly owned subsidiaries, namely Asian Culture Food Sdn Bhd (formerly known as Beringin Leisure Park Sdn Bhd) (“ACF”) and Innovative Industrial Textiles Sdn Bhd (“IIT”), had respectively entered into Deeds of Mutual Termination (“Deed”) with Yik Khang Frozen Foodstuff Sdn Bhd on 19 February 2013 for the termination of the Sale and Purchase Agreement (“SPA”) and Shareholders Agreement (“SA”), both dated 19 October 2012 (“Agreements”). Consequent to the execution of the Deed, the Agreements shall be null and void and cease to have any effect from the date of the Deed and neither party shall have any claim against each other for any loss, damage, penalty, fee, cost and expense suffered in respect of the SPA and SA, and both parties shall be discharged of any further obligations or liabilities whatsoever under the respective Agreements. The termination of the Agreements is not expected to have any material effect on EKIB Group’s earnings and net assets for the financial year ending 31 December 2013. This announcement is dated 20 February 2013. |
HAIO - Notice of Shares Buy Back - Immediate Announcement
Company Name | HAI-O ENTERPRISE BERHAD |
Stock Name | HAIO |
Date Announced | 20 Feb 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CP-130220-26962 |
MILUX - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | MILUX CORPORATION BERHAD |
Stock Name | MILUX |
Date Announced | 20 Feb 2013 |
Category | General Announcement |
Reference No | CS-130220-47539 |
Type | Announcement | ||||
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS | ||||
Description | MILUX CORPORATION BERHAD (“MILUX” OR “THE COMPANY”)- DISPOSAL OF LAND AND PROPERTY BY BRIGHTYIELD SDN. BHD. | ||||
The Board of Directors of MILUX wishes to inform that Brightyield Sdn. Bhd. (“Brightyield”), a wholly-owned subsidiary of the Company, intend to dispose off a piece of freehold land held by Brightyield, together with the erected one (1) storey factory and three storey Office Block and the machineries, fixtures and fittings (“the said Land and Property”) to the identified purchasers for a total consideration of RM5,000,000/- (Ringgit Malaysia: Five Million only)(hereinafter referred to as “the Disposal”). DETAILS ON THE DISPOSAL (a) Total Consideration
(b) Details of the said Land and Property
(c) Details of Purchasers Mr. Peng Gai Hock, Mr. Peng Li Hoong, Mr. Peng Li Vern and Mr. Peng Li Jing, all of residential address at 935, Jalan Kuang Germin, Taman Kepong, Kuala Lumpur. ORIGINAL COST OF INVESTMENT The date and the original cost of investments of the said Land and Property are as follows:-
FINANCIAL EFFECTS OF THE DISPOSAL (a) Share Capital and Substantial Shareholders' Shareholding
(b) Earnings Per Share
(c) Net Assets Per Share (“NA”) The disposal will increase the NA by 3.5 sen to RM1.15 after taking into consideration expected gain of RM1,620,000/- and interest savings. (d) Gearing The disposal will reduce Gearing to 0.36 times from 0.39 times as at 30 November 2012 after taking consideration the utilisation of RM956,000/- to repay bank borrowings. RATIONALE FOR THE DISPOSAL Milux has rationalised the operations of Brightyield. As part of the cost rationalisation programme, Brightyield’s operations will be moved to a more suitable location and a smaller factory in Klang as the current factory has exceeded its requirements vis- -vis its operational requirement. This move is more cost effective than operating in the current factory. Arising from this rationalisation, this property is in excess of it's requirements. The Disposal will at the same time generate funds for working capital. DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTERESTS None of the Directors and Major Shareholders or persons connected to the Directors or Major Shareholders has any interest, direct or indirect in the Disposal. STATEMENT BY THE BOARD OF DIRECTORS The Board of Directors of the Company, having taken into consideration all aspects of the Disposal, is of the opinion that the Disposal is in the best interest of the Group. ESTIMATED COMPLETION Barring any unforeseen circumstances, the Disposal is expected to be completed not later than August 2013. PARAGRAPH 10.02(G) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD The highest percentage ratio pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Disposal is 9.81%. This announcement is dated 20 February 2013. |
DAIBOCI - Notice of Shares Buy Back by a Company pursuant to Form 28A
Company Name | DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD. |
Stock Name | DAIBOCI |
Date Announced | 20 Feb 2013 |
Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
Reference No | DP-130220-0ECE4 |
DAIBOCI - Notice of Shares Buy Back - Immediate Announcement
Company Name | DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD. |
Stock Name | DAIBOCI |
Date Announced | 20 Feb 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | DP-130220-3C727 |
KYM - Changes in Director's Interest (S135) - Dato' Lim Kheng Yew
Company Name | KYM HOLDINGS BERHAD |
Stock Name | KYM |
Date Announced | 20 Feb 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | KH-130207-52672 |
Information Compiled By KLSE
Particulars of Director
Name | Dato' Lim Kheng Yew |
Address | 1 Jalan SS2/8 47300 Petaling Jaya |
Descriptions(Class & nominal value) | Ordinary shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 3,000,000 | 0.500 |
Circumstances by reason of which change has occurred | Deemed interest in 3,000,000 shares acquired by Cheong Chan Holdings Sdn Bhd pursuant to the conversion of warrants by virtue of Section 6A of the Companies Act, 1965 |
Nature of interest | Indirect Interest |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 5,000,000 |
Direct (%) | 3.44 |
Indirect/deemed interest (units) | 50,750,000 |
Indirect/deemed interest (%) | 34.87 |
Date of notice | 20/02/2013 |
Remarks : |
The indirect interest of Dato' Lim Kheng Yew is held through KYM Sdn Bhd (7,000,000 shares), Cheong Chan Holdings Sdn Bhd (30,000,000 shares) and Idaman Bina Makmur Sdn Bhd (7,750,000 shares) by virtue of Section 6A of the Companies Act, 1965 ("Act") and through his children (6,000,000 shares) by virtue of Section 134(12)(c) of the Act. This announcement also serves as a notification pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements. The 3,000,000 shares acquired representing 2% of the enlarged issued and paid-up capital of KYM. |
KYM - Changes in Sub. S-hldr's Int. (29B) - Cheong Chan Holdings Sdn Bhd
Company Name | KYM HOLDINGS BERHAD |
Stock Name | KYM |
Date Announced | 20 Feb 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-130207-51552 |
Particulars of substantial Securities Holder
Name | Cheong Chan Holdings Sdn Bhd |
Address | No. 12 Lorong Medan Tuanku Satu 50300 Kuala Lumpur |
NRIC/Passport No/Company No. | 181887-A |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
Name & address of registered holder | Cheong Chan Holdings Sdn Bhd No. 12 Lorong Medan Tuanku Satu 50300 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 13/02/2013 | 3,000,000 |
KYM - Changes in Sub. S-hldr's Int. (29B) - Dato' Lim Kheng Yew
Company Name | KYM HOLDINGS BERHAD |
Stock Name | KYM |
Date Announced | 20 Feb 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | KH-130207-52287 |
Particulars of substantial Securities Holder
Name | Dato' Lim Kheng Yew |
Address | No. 1 Jalan SS2/8 47300 Petaling Jaya |
NRIC/Passport No/Company No. | 510717-08-5137 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
Name & address of registered holder | Cheong Chan Holdings Sdn Bhd No.12 Lorong Medan Tuanku Satu 50300 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 13/02/2013 | 3,000,000 |
Remarks : |
The indirect interest of Dato' Lim Kheng Yew is held through KYM Sdn Bhd (7,000,000 shares), Cheong Chan Holdings Sdn Bhd (30,000,000 shares) and Idaman Bina Makmur Sdn Bhd (7,750,000 shares) by virtue of Section 6A of the Companies Act, 1965 and through his children (6,000,000 shares) by virtue of Section 134(12)(c) of the Companies Act, 1965. |
SPSETIA - Notice of Interest Sub. S-hldr (29A) - Employees Provident Fund Board
Company Name | S P SETIA BERHAD |
Stock Name | SPSETIA |
Date Announced | 20 Feb 2013 |
Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
Reference No | C&-130220-398AD |
Particulars of Substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut,50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares-RM0.75 |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) |
Remarks : |
Form 29B received on 20/02/2013 |
BREM - Notice of Shares Buy Back - Immediate Announcement
Company Name | BREM HOLDING BERHAD |
Stock Name | BREM |
Date Announced | 20 Feb 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CS-130218-FFCB7 |
No comments:
Post a Comment