February 4, 2013

Company announcements: INTEGRA, SAAG, WCT, PRESTAR, BRIGHT

INTEGRA - Changes in Sub. S-hldr's Int. (29B) - Perbadanan Kemajuan Negeri Perak

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINTEGRAX BERHAD  
Stock Name INTEGRA  
Date Announced4 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130131-19C7A

Particulars of substantial Securities Holder

NamePerbadanan Kemajuan Negeri Perak
AddressWisma Wan Mohamed
Jalan Panglima Bukit Gantang Wahab
30000 Ipoh Perak Darul Ridzuan
NRIC/Passport No/Company No.PKNPECT 31967
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderTaipan Merit Sdn Bhd
Tingkat 2 Wisma Wan Mohamed
Jalan Panglima Bukit Gantang Wahab
30000 Ipoh Perak Darul Ridzuan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/01/2013
29,000
1.280 
Acquired25/01/2013
10,000
1.290 
Acquired25/01/2013
500,000
1.450 
Acquired30/01/2013
8,000
1.270 

Circumstances by reason of which change has occurredMarket transaction and others (married deal with Kuala Vest Sdn Bhd).
Deemed interest in the equity of Perak Corporation Berhad [PCB] where the shares has been purchased by PCB's wholly owned subsidiary, Taipan Merit Sdn Bhd.
Nature of interestIndirect Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)47,311,643 
Indirect/deemed interest (%)15.728 
Total no of securities after change47,311,643
Date of notice31/01/2013


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

Announcement Type: General Announcement
Company NameSAAG CONSOLIDATED (M) BHD  
Stock Name SAAG  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoSC-130202-81860

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionSAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company")
Monthly Announcement on the Status of ithe Company's Plan to Regularise its condition pursuant to Practice Note 17("PN 17") of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")
We refer to the announcements made by SAAG on 17 October 2012, 6 November 2012, 3 December 2012, 2 January 2013 and 16 January 2013.

The Board of Directors of SAAG wishes to announce that SAAG’s wholly-owned subsidiary, Workover Rigs (India) Ltd (formerly known as QEDI Proteus Energy Limited) (“WRIL”) has received a second firm order for charter hire of offshore modular workover rig. However the contract price awarded by ONGC was lower than that price which was tendered for by WRIL. As such, WRIL is in negotiations with ONGC on the pricing and an appropriate announcement will be made once the pricing issue is resolved with ONGC.

The Board of Directors of SAAG are currently in discussions with potential investors/partners amd those who provided the Bid Bond for the Bid (as two out of the three Banks of SAAG Group have communicated in writing their unwillingness to help provide the necessary guarantees whilst the other Bank has yet to revert ), for the performance guarantee to be given to Oil And Natural Gas Corporation Limited, Well Services, Mumbai Region, Materials Management, India ("ONGC") following the receipt of the firm order dated 10 January 2013 and 18 January 2013 (Second order which is currently not finailsed and under negotiations) for charter hire of offshore modular workover rig (the “Order”) by WRIL. WRIL has requested from ONGC for an extension of time to furnish the said performance guarantee due to the financial condition of the Company.

The Company is still in the midst of identifying a potential investor to support and thereafter formulate a regularisation plan to regularise its financial condition ("Regularisation Plan"). An announcement will be made once a Regularisation Plan has been finalised.

The Company has approximately another eight (8) months to submit its Regularisation Plan to the authorities for approval.

This announcement is dated 4 February 2013.


SAAG - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameSAAG CONSOLIDATED (M) BHD  
Stock Name SAAG  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoSC-130202-81062

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionSAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company")
Monthly Update on the Status of its Default in Payment pursuant to Practice Note 1("PN 1") of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")
In compliance with paragraph 3.2 of PN1 and further to the announcements made on 12 October 2012, 17 October 2012, 29 October 2012, 6 November 2012, 8 November 2012, 26 November 2012, 3 December 2012 , 28 December 2012, 2 January 2013 and 16 January 2013, the Board of Directors of SAAG wishes to inform that there has been no material development of the status as announced previously.
This announcement is dated 4 February 2013.


WCT - Changes in Director's Interest (S135) - Choo Tak Woh

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWCT BERHAD  
Stock Name WCT  
Date Announced4 Feb 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoWW-130204-219DF

Information Compiled By KLSE

Particulars of Director

NameChoo Tak Woh
Address7, Jalan PJU 1A/21A, Ara Damansara, 47301 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)
Disposed
04/02/2013
35,000
2.210 

Circumstances by reason of which change has occurredDisposal of shares in the open market
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)279,079 
Direct (%)0.03 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice04/02/2013


WCT - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameWCT BERHAD  
Stock Name WCT  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoWW-130204-27D3B

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionWCT Berhad ("the Company") is now in the closed period pending the announcement of its results for the Fourth Quarter ended 31 December 2012. The Company wishes to notify that it has received notification from the following director of the disposal of Ordinary Shares by his spouse during the closed period as follow:-

Date of Transaction

Name of Director

Price per Ordinary Share

Number of Ordinary Shares Disposed

% of Issued Shares

4 February 2013

Choo Tak Woh

RM2.21

35,000

0.004

This announcement is dated 4 February 2013



PRESTAR - OTHERS PRESTAR RESOURCES BHD (“PRB”) - INCORPORATION OF A COMPANY IN JAKARTA, INDONESIA BY PRESTAR MANUFACTURING SDN. BHD. AND PRESTAR STORAGE SYSTEM SDN. BHD. , WHOLLY-OWNED SUBSIDIARIES OF PRB

Announcement Type: General Announcement
Company NamePRESTAR RESOURCES BERHAD  
Stock Name PRESTAR  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoCS-130204-33F95

TypeAnnouncement
SubjectOTHERS
DescriptionPRESTAR RESOURCES BHD (“PRB”)
- INCORPORATION OF A COMPANY IN JAKARTA, INDONESIA BY PRESTAR MANUFACTURING SDN. BHD. AND PRESTAR STORAGE SYSTEM SDN. BHD. , WHOLLY-OWNED SUBSIDIARIES OF PRB
1. INTRODUCTION
The Board of Directors of PRB wishes to announce that Prestar Manufacturing Sdn. Bhd. ("PMSB") and Prestar Storage System Sdn. Bhd. ("PSSSB"), wholly-owned subsidiary companies of PRB, had incorporated a company in Indonesia, namely PT Prestar MHE. The incorporation of PT Prestar MHE has been approved by The Ministry of Justice and Human Rights of Indonesia on 28 January 2013. Consequently, PT Prestar MHE is a wholly-owned sub-subsidiary company of PRB.

2. INFORMATION OF PT PRESTAR MHE

The present authorised share capital of PT Prestar MHE is USD 500,000.00 divided into 500,000 ordinary shares of USD 1.00 each and the paid-up share capital is USD 250,000.00 divided into 250,000 ordinary shares of USD 1.00 each.

The current shareholders of PT Prestar MHE are as tabulated in the Table Section below:-

Shareholder
Shares at USD1.00 each
Percentage Holdings
PMSB
225,000
90%
PSSSB
25,000
10%
250,000
100%

The intended principal activity of PT Prestar MHE is distribution of MHE products manufactured by PRB's subsidiaries.

3. FINANCIAL EFFECTS

The above incorporation is not expected to have any material effects on the earnings or net assets of PRB for the financial year ending 31 December 2013.

4. DIRECTORS’ AND MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHARHOLDER’S INTERESTS

Other than their respective interests through PRB, none of the Directors and/or major shareholders of PRB or persons connected to the Directors and/or major shareholders of PRB has any interest, direct or indirect, in the aforesaid incorporation.

5. STATEMENT BY THE BOARD OF DIRECTORS

The Board of Directors is of the opinion that the incorporation is in the best interest of PRB.

This announcement is dated 4 February 2013.


BRIGHT - OTHERS The Board of Directors of the Company wishes to inform that a 3rd Press Release has been circulated to major press for publication. A copy of the same is attached herewith.

Announcement Type: General Announcement
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced4 Feb 2013  
CategoryGeneral Announcement
Reference NoBP-130204-62217

TypeAnnouncement
SubjectOTHERS
DescriptionThe Board of Directors of the Company wishes to inform that a 3rd Press Release has been circulated to major press for publication. A copy of the same is attached herewith.

Attachments

Press Release III.pdf
136 KB



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