PUNCAK - MATERIAL LITIGATION
| Company Name | PUNCAK NIAGA HOLDINGS BERHAD |
| Stock Name | PUNCAK |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | PN-130226-3C274 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") KUALA LUMPUR HIGH COURT SUIT NO.D4-22-1452-2006 BETWEEN JAKS-KDEB CONSORTIUM SDN BHD ("PLAINTIFF") - V- 1. PERBADANAN URUS AIR SELANGOR BERHAD ("PUAS BERHAD")(1ST DEFENDANT) 2. SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS")(2ND DEFENDANT) 3. KERAJAAN NEGERI SELANGOR DARUL EHSAN (3RD DEFENDANT) (HEREINAFTER REFERRED TO AS THE "SUIT") - APPEAL TO THE COURT OF APPEAL BY THE PLAINTIFF |
Reference is made to the Company's earlier announcements dated 20 October 2006, 7 November 2006, 17 November 2006, 20 November 2006, 22 November 2006, 15 January 2007, 13 February 2007, 22 March 2007, 4 April 2007, 14 June 2007, 20 August 2007, 21 August 2007, 3 October 2007, 6 December 2007, 27 February 2008, 21 May 2008, 15 July 2008, 7 August 2008, 19 November 2008, 17 December 2008, 14 January 2009, 23 January 2009, 9 April 2009, 20 May 2009, 6 July 2009, 7 July 2009, 22 July 2009, 11 August 2009, 8 October 2009, 2 November 2009, 13 November 2009, 18 November 2009, 12 January 2010, 25 March 2010, 5 April 2010, 10 May 2010, 4 June 2010, 4 August 2010, 29 September 2010, 12 October 2010, 20 December 2010, 24 January 2011, 29 March 2011, 10 June 2011, 12 September 2011, 5 October 2011, 15 November 2011, 4 December 2012 and 10 January 2013 in relation to the Suit. The Company would like to update the Exchange that at the case management held today, the Court of Appeal had fixed the matter for hearing on 22 May 2013 on the Appeal filed by JAKS-KDEB Consortium Sdn Bhd. This announcement is dated 26 February 2013.
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BERNAS - OTHERS PROPOSED DISPOSAL OF 153,000 ORDINARY SHARES OF RM1.00 REPRESENTING 51% EQUITY INTEREST IN HASKARICE FOOD SDN BHD
| Company Name | PADIBERAS NASIONAL BERHAD |
| Stock Name | BERNAS |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | PN-130226-46566 |
| Type | Announcement |
| Subject | OTHERS |
| Description | PROPOSED DISPOSAL OF 153,000 ORDINARY SHARES OF RM1.00 REPRESENTING 51% EQUITY INTEREST IN HASKARICE FOOD SDN BHD |
1. INTRODUCTION Padiberas Nasional Berhad (“BERNAS”) wishes to announce that its wholly-owned subsidiaries, Dayabest Sdn Bhd (“Dayabest” or “Vendor”) had on 26 February 2013 entered into the Sale and Purchase Agreement (“SPA”) with Unified Corridor Sdn Bhd (“UCSB” or “Purchaser”) for the disposal of 153,000 ordinary shares of RM1.00 each (“Sale Shares”) which is equivalent to 51% of equity interest in Haskarice Food Sdn Bhd (“HFSB”) to the existing shareholder, UCSB for a purchase consideration of RM1.00. 2. INFORMATION ON DAYABEST Dayabest was incorporated on 8 October 1990 as a private limited company under the Companies Act, 1965 and is principally involved in the wholesale and trading of rice and rice related products. The authorised share capital is RM2,500,000.00 only divided into 2,500,000 ordinary shares of RM1.00 only each of which 2,300,000 ordinary shares of RM1.00 only each, have been issued and fully paid-up. 3. INFORMATION ON HFSB HFSB was incorporated on 3 July 1997 as a private limited company under the Companies Act, 1965 and principally involved in the business of trading and wholesaling of rice. The authorised share capital is RM500,000.00 only divided into 500,000 ordinary shares of RM1.00 only each of which 300,000 ordinary shares of RM1.00 only each, have been issued and fully paid-up. 4. INFORMATION ON UCSB UCSB was incorporated on 13 November 1997 as a private limited company under the Companies Act, 1965. The principal activity of UCSB is investment holding. The authorised share capital is RM500,000.00 only divided into 500,000 ordinary shares of RM1.00 only each of which 147,000 ordinary shares of RM1.00 only each, have been issued and fully paid-up. 5. ORIGINAL COST OF INVESTMENT AND DATE OF INVESTMENT Dayabest made its initial investment in Haskarice on 27 May 1999. The original cost of investment of Dayabest in Haskarice was RM153,000.00. 6. SALIENT TERMS OF THE SPA The Vendor agreed to sell and the Purchaser agreed to purchase the Sale Shares free from all liens, pledges, charges and all encumbrances with all the rights and benefits attaching thereto in accordance with the terms and conditions of the SSA. 7. BASIS OF DETERMINATION OF THE PURCHASE CONSIDERATION The Purchase Consideration was arrived after taking into consideration of the negative Net Assets per Share of Haskarice of RM8.52 per share based on the latest Audited Account as at 31 December 2008. 8. RATIONALE The disposal is part of the Group’s restructuring exercise to divest non-performance and loss-making subsidiary. 9. FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL The Proposed Disposal will not have any material effect on the earnings and net assets of BERNAS Group. 10. APPROVALS REQUIRED The Proposed Disposal does not require approval from shareholders of BERNAS or any governmental authorities. 11. INTEREST OF DIRECTORS, SUBSTANTIAL SHAREHOLDERS AND PERSONS CONNECTED WITH DIRECTORS AND/OR SUBSTANTIAL SHAREHOLDERS None of the Directors, substantial shareholders of BERNAS and/or persons connected to them have any interest, direct or indirect, in the Proposed Disposal. 12. DIRECTORS’ STATEMENT 13. DOCUMENTS FOR INSPECTION A copy of the SSA is available for inspection at the Registered Office of the Company at Level 31, Menara HLA, No.3, Jalan Kia Peng, 50450 Kuala Lumpur during normal office hours between Mondays and Fridays (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 26 February 2013. | |
BERNAS - BERNAS-SUSPENSION OF TRADING
| Company Name | PADIBERAS NASIONAL BERHAD |
| Stock Name | BERNAS |
| Date Announced | 26 Feb 2013 |
| Category | Listing Circular |
| Reference No | GG-130226-53396 |
LISTING'S CIRCULAR NO. L/Q : 67174 OF 2013
Kindly be advised that at the request of the above Company, trading in its shares will be suspended with effect from 9.00 am., Wednesday, 27 February 2013 pending an announcement.
BERNAS - SUSPENSION OF SECURITIES
| Company Name | PADIBERAS NASIONAL BERHAD |
| Stock Name | BERNAS |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | PN-130226-61991 |
| Type | Announcement |
| Subject | SUSPENSION OF SECURITIES |
| Description | PADIBERAS NASIONAL BERHAD (“BERNAS” OR “COMPANY”) REQUEST FOR SUSPENSION OF TRADING |
The Company has requested for a suspension of trading of its securities from 9.00 a.m. on 27 February 2013 to 5.00 p.m. on 28 February 2013 pending a material announcement to be released. The request for suspension is made under Paragraph 3.1(c) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
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FIAMMA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | FIAMMA HOLDINGS BERHAD |
| Stock Name | FIAMMA |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | CC-130226-53382 |
| Type | Announcement | ||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS | ||||
| Description | FIAMMA HOLDINGS BERHAD ("Fiamma" OR "the Company") RELATED PARTY TRANSACTION (“RPT”) – SALE OF PROPERTY BY FIAMMA DEVELOPMENT SDN BHD TO AN EXECUTIVE DIRECTOR OF FIAMMA | ||||
1. Introduction
FDSB was incorporated on 15 September 1984 pursuant to the Companies Act, 1965. The Company is principally involved in property development. The authorised share capital of FDSB is RM250,000 comprising 250,000 ordinary shares of RM1.00 each and the issued and paid-up share capital is RM204,000. Dato’ Bahar is an Executive Director and a shareholder of Fiamma. On 26 February 2013, he signed a SPA with FDSB for the purchase of one unit freehold office suite of the said Property with a built-up area of 667 square feet for the purchase consideration of RM491,815. The purchase price for the Sale of Property shall be paid in the following manner: (a) A deposit equivalent to 10% of the purchase price shall be paid to FDSB upon execution of the SPA; and (b) The balance purchase price of 90% shall be paid within 14 days from the dates of receipt of Vendor’s written notices upon the commencement of different stages of the said Property. 5. Manner in which selling price will be satisfied The selling price for the Sale of Property will be satisfied by cash and bank borrowing. The selling price for the Sale of Property was based on the selling price for the said Property with a discount, such discount is generally similarly given and accorded to the public and the eligible employees of Fiamma and its subsidiaries (“Fiamma Group”). The Sale of Property was carried out in the ordinary course of business of Fiamma and under normal commercial terms and conditions not more favourable than those generally available to other eligible employees of Fiamma Group. 7. Financial effects of the Sale of Property and Sale Proceeds The Sale of Property is not expected to have any significant effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of Fiamma for the financial year ending 30 September 2013.
8. Highest Percentage Ratio The highest percentage ratio applicable for the SPA in accordance with Bursa Malaysia Securities Berhad’s Main Market Listing Requirements is as follows:
9. Liabilites to be assumed by Fiamma from the Sale of Property There are no liabilities to be assumed by Fiamma arising from the Sale of Property. 10. Total amount transacted with the same related party for the preceding 12 months Nil. 11. Interests of Directors and/or Major Shareholders Save for Dato’ Bahar, none of the Directors and/or major shareholders of Fiamma and/or persons connected with them have any interests, direct or indirect, in the Sale of Property. 12. Directors’ Statement Save for Dato’ Bahar, the Board of Directors of Fiamma is of the opinion that the Sale of Property is in the best interest of Fiamma. 13. Audit Committee Members’ Statement The Sale of Property was carried out in the ordinary course of business of the Group as property developer and under normal commercial terms and conditions not more favourable than those generally available to eligible employees of Fiamma Group. Based on the aforementioned basis, the Audit Committee of Fiamma is of the view that the Sale of Property is in the best interest of Fiamma, is fair, reasonable and on normal commercial terms and is not detrimental to the interest of the minority shareholders of Fiamma.
15. Documents for Inspection
This announcement is dated 26 February 2013. | |||||
FIAMMA - OTHERS FIAMMA HOLDINGS BERHAD (“FHB” or “the Company”) ACQUISITION OF 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF STERLING SKILLS SDN BHD
| Company Name | FIAMMA HOLDINGS BERHAD |
| Stock Name | FIAMMA |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | CC-130226-53147 |
| Type | Announcement |
| Subject | OTHERS |
| Description | FIAMMA HOLDINGS BERHAD (“FHB” or “the Company”) ACQUISITION OF 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF STERLING SKILLS SDN BHD |
Introduction The Board of Directors of FHB wishes to announce that the Company had on 26 February 2013, acquired 2 ordinary shares of RM1.00 each, representing 100% of the issued and paid-up share capital of Sterling Skills Sdn Bhd (“SSSB”) from Shairah Begum Binti Kadar Bashah and Fatimah Binti Sulaiman, for a total cash consideration of Ringgit Malaysia Two only (RM2.00) (“Acquisition”). Subsequent to the Acquisition, SSSB shall become a wholly-owned subsidiary of FHB. Information on SSSB SSSB was incorporated on 15 January 2013 in Malaysia under the Companies Act, 1965. The authorised share capital of SSSB is RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each and the issued and paid-up share capital is RM2.00 divided into 2 ordinary shares of RM1.00 each. SSSB is a dormant company. The intended business activity of SSSB is property development. Rationale for the Acquisition The Acquisition will enable FHB to expand and enhance the efficiency of its Group’s property development segment. Directors' and/or Major Shareholders' Interests None of the Directors or major shareholders of FHB and/or persons connected with them have any interests, direct or indirect, in the Acquisition. Financial Effects The Acquisition will not have any material effect on the earnings per share and net assets per share of FHB for the financial year ending 30 September 2013. The Acquisition will not have any effect on the share capital, gearing and substantial shareholders’ shareholdings of FHB. This announcement is dated 26 February 2013. | |
FIAMMA - OTHERS FIAMMA HOLDINGS BERHAD (“FHB” or “the Company”) ACQUISITION OF 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BIG IDEA ENERGY SDN BHD
| Company Name | FIAMMA HOLDINGS BERHAD |
| Stock Name | FIAMMA |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | CC-130226-53136 |
| Type | Announcement |
| Subject | OTHERS |
| Description | FIAMMA HOLDINGS BERHAD (“FHB” or “the Company”) ACQUISITION OF 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BIG IDEA ENERGY SDN BHD |
Introduction The Board of Directors of FHB wishes to announce that the Company had on 26 February 2013, acquired 2 ordinary shares of RM1.00 each, representing 100% of the issued and paid-up share capital of Big Idea Energy Sdn Bhd (“BIESB”) from Shairah Begum Binti Kadar Bashah and Fatimah Binti Sulaiman, for a total cash consideration of Ringgit Malaysia Two only (RM2.00) (“Acquisition”). Subsequent to the Acquisition, BIESB shall become a wholly-owned subsidiary of FHB. Information on BIESB BIESB was incorporated on 28 November 2012 in Malaysia under the Companies Act, 1965. The authorised share capital of BIESB is RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each and the issued and paid-up share capital is RM2.00 divided into 2 ordinary shares of RM1.00 each. BIESB is a dormant company. The intended business activity of BIESB is property development. Rationale for the Acquisition The Acquisition will enable FHB to expand and enhance the efficiency of its Group’s property development segment. Directors' and/or Major Shareholders' Interests None of the Directors or major shareholders of FHB and/or persons connected with them have any interests, direct or indirect, in the Acquisition. Financial Effects The Acquisition will not have any material effect on the earnings per share and net assets per share of FHB for the financial year ending 30 September 2013. The Acquisition will not have any effect on the share capital, gearing and substantial shareholders’ shareholdings of FHB. This announcement is dated 26 February 2013. | |
DIGI - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 26 Feb 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130226-7A334 |
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 | Incorporated in Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.01 each |
| Name & address of registered holder | 1) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN) 3) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 21/02/2013 | 1,441,900 | |
| Acquired | 21/02/2013 | 150,000 | |
| Acquired | 21/02/2013 | 500,000 |
| Remarks : |
| The total number of 1,269,673,040 Ordinary Shares of RM0.01 each are held as follows:- 1) 1,164,924,950 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board; 2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board; 3) 3,059,800 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI); 4) 1,200,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB); 5) 5,898,400 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS); 6) 2,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV); 7) 4,063,600 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV); 8) 1,350,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN); 9) 1,665,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ALLIANCE); 10) 38,899,590 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA); 11) 21,930,700 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI); 12) 2,800,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM); and 13) 6,590,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN). The Form 29B was received by the Company on 26 February 2013. |
CHUAN - OTHERS CHUAN HUAT RESOURCES BERHAD - PROPOSED FIRST & FINAL DIVIDEND
| Company Name | CHUAN HUAT RESOURCES BHD |
| Stock Name | CHUAN |
| Date Announced | 26 Feb 2013 |
| Category | General Announcement |
| Reference No | CH-130226-61370 |
| Type | Announcement |
| Subject | OTHERS |
| Description | CHUAN HUAT RESOURCES BERHAD - PROPOSED FIRST & FINAL DIVIDEND |
On 26 February 2013, the Board of Directors of Chuan Huat Resources Berhad had recommended a first and final dividend of 2.5 sen (5%) gross per ordinary share less income tax at 25% for the financial year ended 31 December 2012 (2011 : first and final dividend of 3.5 sen (7%) gross per ordinary share less income tax at 25%) subject to the approval of the shareholders at the forthcoming Annual General Meeting. The book closure date will be announced at a later date. By Order of The Board Dato’ Lim Khoon Heng Director This announcement is made on 26 February, 2013
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CHUAN - Quarterly rpt on consolidated results for the financial period ended 31/12/2012
| Company Name | CHUAN HUAT RESOURCES BHD |
| Stock Name | CHUAN |
| Date Announced | 26 Feb 2013 |
| Category | Financial Results |
| Reference No | CH-130226-60328 |
| 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 | 168,883 | 181,405 | 708,317 | 642,771 |
| 2 | Profit/(loss) before tax | 3,924 | 3,999 | 16,366 | 24,063 |
| 3 | Profit/(loss) for the period | 5,171 | 2,611 | 13,556 | 18,074 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 4,950 | 2,249 | 12,448 | 16,779 |
| 5 | Basic earnings/(loss) per share (Subunit) | 2.96 | 1.35 | 7.45 | 10.04 |
| 6 | Proposed/Declared dividend per share (Subunit) | 2.50 | 3.50 | 2.50 | 3.50 |
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 ($$) | 0.9500 | 0.9000 | ||
| Remarks : |
| THIS ANNOUNCEMENT IS DATED 26 FEBRUARY 2013 |
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 |
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