February 19, 2013

Company announcements: KNM, SUPERLN, BHS, DIALOG, SCOMIEN, SCOMIEN-LA, HINGYAP, DAIBOCI, MJPERAK, PRKCORP

KNM - OTHERS Material Contract secured by KNM Group Berhad’s subsidiary amounting to approximately RM308.6 million

Announcement Type: General Announcement
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced19 Feb 2013  
CategoryGeneral Announcement
Reference NoKG-130219-52279

TypeAnnouncement
SubjectOTHERS
DescriptionMaterial Contract secured by KNM Group Berhad’s subsidiary amounting to approximately RM308.6 million
1. Introduction
KNM Group Berhad (“KNM”) is pleased to announce that its wholly owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had on 18 February 2013 secured a Letter of Award (“LOA”) from Public Stock Company TAIF-NK (“TAIF-NK”) for the supply of Sulphur Recovery Unit (“SRU”) for the Heavy Residue Conversion Complex (“HRCC Project”) located at Nizhnekamsk, Republic of Tatarstan, Russian Federation amounting to USD100,030,504 (equivalent to approximately RM308.6 million based on the exchange rate of USD1.00 : RM3.085).
    The SRU is estimated to be completed within 28 months from date of the execution of contract.

2. Information on KNMPS and TAIF-NK

    KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990. Its registered address is at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan. KNMPS is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide.

    TAIF-NK was incorporated as a public stock company under the laws of Russia in August 1995. Presently, TAIF-NK/TAIF Group is a production and investment company comprising 67 subsidiaries and affiliated companies operating in various areas with principal activities involving oil and gas processing and petrochemistry, telecommunication, building and construction, banking and investments, and services. Its business address is at 27, Shchapova Str., 420012 Kazan, Republic of Tatarstan, Russia and more information can be obtained from their website at www.taif.ru.

3. Directors' and major shareholders' interest

None of the directors or major shareholders of KNM, or any persons connected to them, has any direct or indirect interest in the above HRCC Project.



4. Effect of the HRCC Project

The HRCC Project is not expected to have any material impact to KNM Group’s financial performance for year ending 31 December 2013. However, it is expected to contribute positively to KNM Group's earnings for the financial years ending 31 December 2013, 2014 and 2015.


5. Risk Factors

The Project is subject to certain risks mainly in the power, oil and gas industries and legislation on clean energy in the Russia. These include changes in general economic conditions such as, but not limited to inflation, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions.
    The Project does not alter the risk profile of KNM as KNM Group is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in the industry.

    Although KNM Group with its vast experience may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNM and/or KNMPS.
    This announcement is dated 19 February 2013.


    SUPERLN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

    Announcement Type: General Announcement
    Company NameSUPERLON HOLDINGS BERHAD  
    Stock Name SUPERLN  
    Date Announced19 Feb 2013  
    CategoryGeneral Announcement
    Reference NoCM-130219-35638

    TypeAnnouncement
    SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
    INTENTION TO DEAL DURING CLOSED PERIOD
    DescriptionSUPERLON HOLDINGS BERHAD
    - INTENTION TO DEAL IN SECURITIES BY DIRECTOR DURING CLOSED PERIOD

    In compliance with Paragraph 14.08 of Chaper 14 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Superlon Holdings Berhad ("the Company") wishes to announce that it has received notification from the following Directors of the Company of their intention to deal in the securities of the Company during the closed period for the Company's upcoming announcement of the third quarterly results ended 31 January 2013.

    Please refer to the Table section for the name and current interest Directors of the Company.

    Direct Interest

    Indirect Interest

    Name

    No. of Ordinary Shares of RM0.50 each

    Percentage of shareholdings (%)*

    No. of Ordinary Shares of RM0.50 each

    Percentage of shareholdings (%)*

    Liu Lee, Hsiu-Lin (also known as Jessica H. Liu)

    21,500,274

    26.94

    3,570,000

    4.47

    Yee Wei Meng

    0

    0

    15,624,666

    19.58

    Liu Han-Chao

    3,570,000

    4.47

    21,500,274

    26.94

    Ongi Cheng San

    102

    Negligible

    0

    0.00

    Lim Wee Keong

    0

    0.00

    0

    0.00

    Lim E @ Lim Hoon Nam

    0

    0.00

    0

    0.00

    Chun Kwong Pong

    0

    0.00

    0

    0.00

    * The percentage of interest is determined based on the issued and paid-up capital of the Company after excluding a total of 199,079 shares purchased by the Company and retained as treasury shares as at date of this notice.

    This announcement is dated 19 February 2013.



    BHS - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

    Announcement Type: Financial Results
    Company NameBHS INDUSTRIES BERHAD  
    Stock Name BHS  
    Date Announced19 Feb 2013  
    CategoryFinancial Results
    Reference NoCA-130218-57351

    Financial Year End30/06/2013
    Quarter2
    Quarterly report for the financial period ended31/12/2012
    The figureshave not been audited

    Attachments

    BHS-Q2 - 31122012.pdf
    255 KB

    • Default Currency
    • Other Currency

    Currency: Malaysian Ringgit (MYR)

    SUMMARY OF KEY FINANCIAL INFORMATION
    31/12/2012

     
    INDIVIDUAL PERIOD
    CUMULATIVE PERIOD
    CURRENT YEAR QUARTER
    PRECEDING YEAR
    CORRESPONDING
    QUARTER
    CURRENT YEAR TO DATE
    PRECEDING YEAR
    CORRESPONDING
    PERIOD
    31/12/2012
    31/12/2011
    31/12/2012
    31/12/2011
    $$'000
    $$'000
    $$'000
    $$'000
    1Revenue
    18,822
    16,045
    32,291
    23,486
    2Profit/(loss) before tax
    2,321
    3,629
    4,636
    3,900
    3Profit/(loss) for the period
    1,635
    2,778
    3,283
    2,928
    4Profit/(loss) attributable to ordinary equity holders of the parent
    1,635
    2,778
    3,283
    2,928
    5Basic earnings/(loss) per share (Subunit)
    2.27
    3.85
    4.55
    4.06
    6Proposed/Declared dividend per share (Subunit)
    0.00
    0.00
    0.00
    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 ($$)
    0.8900
    0.8400
    Definition of Subunit:

    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:

    CountryBase UnitSubunit
    MalaysiaRinggitSen
    United StatesDollarCent
    United KingdomPoundPence


    DIALOG - 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 NameDIALOG GROUP BERHAD  
    Stock Name DIALOG  
    Date Announced19 Feb 2013  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoDG-130219-9FBBB

    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
    Level 42, Menara Citibank
    165 Jalan Ampang
    50450 Kuala Lumpur

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Disposed14/02/2013
    3,960,900
     

    Circumstances by reason of which change has occurredDisposal of shares
    Nature of interestDirect
    Direct (units)383,868,035 
    Direct (%)15.98 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Total no of securities after change383,868,035
    Date of notice19/02/2013

    Remarks :
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 3,960,900 shares)- 326,247,894 shares
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 2,535,054 shares
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 7,887,000 shares
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 13,767,667 shares
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 4,985,000 shares
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 22,490,020 shares
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 3,500,000 shares
    Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 2,455,400 shares

    Total No. of shares - 383,868,035 shares


    SCOMIEN - Circular/Notice to Shareholders

    Announcement Type: PDF Submission
    Company NameSCOMI ENGINEERING BHD  
    Stock Name SCOMIEN  
    Date Announced19 Feb 2013  
    CategoryPDF Submission
    Reference NoSE-130219-62594

    SubjectNOTICE TO HOLDERS OF 3-YEAR 4% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS 2010/2013 ("ICULS") IN RELATION TO THE LAST INTEREST PAYMENT AND THE MATURITY OF THE ICULS.


    SCOMIEN-LA - Expiry/Maturity of the securities

    Announcement Type: Expiry / Maturity / Termination of Securities
    Company NameSCOMI ENGINEERING BHD  
    Stock Name SCOMIEN-LA  
    Date Announced19 Feb 2013  
    CategoryExpiry / Maturity / Termination of Securities
    Reference NoSE-130215-37784

    Type of SecuritiesLoan Stocks
    Type of ExpiryExpiry/Maturity of the securities
    Mode of Satisfaction of Exercise/Conversion PriceTendering of securities
    Exercise/Strike/Conversion PriceMYR 1.0000
    Exercise/ Conversion Ratio1:1
    Settlement Type/ Convertible intoPhysical (Shares)
    Last Date & Time for Trading01/03/2013 05:00 PM
    Date & Time of Suspension 04/03/2013 09:00 AM
    Last Date & Time for Transfer into Depositor's CDS a/c12/03/2013 05:00 PM
    Date & Time of Expiry19/03/2013 05:00 PM
    Date & Time of Delisting 20/03/2013 09:00 AM


    HINGYAP - OTHERS HING YIAP GROUP BERHAD ("HING YIAP" or "the Company") - CHANGE OF NAME FROM HING YIAP GROUP BERHAD TO ASIA BRANDS BERHAD

    Announcement Type: General Announcement
    Company NameHING YIAP GROUP BERHAD  
    Stock Name HINGYAP  
    Date Announced19 Feb 2013  
    CategoryGeneral Announcement
    Reference NoCS-130219-470CD

    TypeAnnouncement
    SubjectOTHERS
    DescriptionHING YIAP GROUP BERHAD ("HING YIAP" or "the Company")
    - CHANGE OF NAME FROM HING YIAP GROUP BERHAD TO ASIA BRANDS BERHAD
    Further to the announcements made on 21 December 2012 and 25 January 2013 in relation to the proposed change of the Company's name from "HING YIAP GROUP BERHAD" to " ASIA BRANDS BERHAD" and the shareholders' approval for the Proposed Change of Name at the Company's Extraordinary General Meeting held on 25 January 2013, the Board of Directors of the Company wishes to announce that the Company had on 18 February 2013 received the Certificate of Incorporation on Change of Name of Company issued by Companies Commission of Malaysia dated 6 February 2013. Accordingly, the Company's name has been changed to "Asia Brands Berhad" with effect from 6 February 2013.
    This anouncement is dated 19 February 2013.


    DAIBOCI - Notice of Shares Buy Back - Immediate Announcement

    Announcement Type: Notice of Shares Buy Back - Immediate Announcement
    Company NameDAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.  
    Stock Name DAIBOCI  
    Date Announced19 Feb 2013  
    CategoryNotice of Shares Buy Back - Immediate Announcement
    Reference NoDP-130219-33EED

    Date of buy back19/02/2013
    Description of shares purchasedOrdinary shares of RM1.00 each
    CurrencyMalaysian Ringgit (MYR)
    Total number of shares purchased (units)4,000
    Minimum price paid for each share purchased ($$)2.510
    Maximum price paid for each share purchased ($$)2.510
    Total consideration paid ($$)10,114.26
    Number of shares purchased retained in treasury (units)4,000
    Number of shares purchased which are proposed to be cancelled (units)0
    Cumulative net outstanding treasury shares as at to-date (units)712,500
    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 (%)0.63


    MJPERAK - OTHERS VARIATION TO JOINT VENTURE AGREEMENT BETWEEN SYARIKAT MAJUPERAK BERHAD (a wholly owned subsidiary of Majuperak Holdings Berhad) and XTREME NEW SDN BHD (“XN”)

    Announcement Type: General Announcement
    Company NameMAJUPERAK HOLDINGS BERHAD  
    Stock Name MJPERAK  
    Date Announced19 Feb 2013  
    CategoryGeneral Announcement
    Reference NoMH-121217-46083

    TypeAnnouncement
    SubjectOTHERS
    DescriptionVARIATION TO JOINT VENTURE AGREEMENT BETWEEN SYARIKAT MAJUPERAK BERHAD (a wholly owned subsidiary of Majuperak Holdings Berhad) and XTREME NEW SDN BHD (“XN”)

    Further to the announcement made on 24th November 2010, Majuperak Holdings Berhad (“MHB”) wishes to announce that the Boards of Directors of MHB and Syarikat Majuperak Berhad (“SMB”) have approved Company’s application to vary the terms and conditions of the Joint Venture Agreement dated 24th Nov 2010 (“JVA”) to set out additional obligations and new terms and conditions appearing therein.


    SMB and XN hereby agree to enter into Supplemental Agreement to record the terms and conditions on the variation of the JVA to shorten the period for the completion date of the JVA to five (5) years as stipulated in the JVA and the Company’s Entitlement shall be fixed sum of Ringgit Malaysia Forty Five Million (RM45,000,000.00) only which shall be paid in cash and in kind by XN to the Company.

    This announcement is dated 19 February 2013.



    PRKCORP - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

    Announcement Type: General Announcement
    Company NamePERAK CORPORATION BERHAD  
    Stock Name PRKCORP  
    Date Announced19 Feb 2013  
    CategoryGeneral Announcement
    Reference NoCS-130218-50060

    TypeAnnouncement
    SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
    RELATED PARTY TRANSACTIONS
    DescriptionPROPOSED SETTLEMENT OF DEBT BY PERAK EQUITY SDN BHD (“PESB”) BY WAY OF SET OFF AGAINST THE TOTAL PURCHASE CONSIDERATION OF RM40,480,868.80 FOR 25,300,543 ORDINARY SHARES OF RM1.00 EACH IN INTEGRAX BERHAD (“INTEGRAX”) REPRESENTING 8.41% EQUITY INTEREST IN INTEGRAX TO BE ACQUIRED BY PERAK CORPORATION BERHAD FROM PESB

    Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcements dated 27 and 29 November 2012 in relation to the Proposed Final Debt Settlement.

    We refer to the announcement of Perak Corporation Berhad (“PCB”) made on 5 February 2013 in respect of the agreement by PCB to grant PESB an extension of time to the Completion Date to 19 February 2013.

    On behalf of the Board of Directors of PCB, we wish to announce that PCB has agreed to grant PESB a further extension of time to the Completion Date to 5 March 2013.

    This announcement is dated 19 February 2013.


    Copy to:
    Issues & Investment Division
    Securities Commission
    No. 3 Persiaran Bukit Kiara
    Bukit Kiara, 50490 Kuala Lumpur
    (Attention: Mr Eugene Wong Weng Soon)



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