WTK - OTHERS W T K Holdings Berhad ("WTK") or ("the Company") Composition of Nomination Committee
Announcement Type: General Announcement
| Company Name | WTK HOLDINGS BERHAD |
| Stock Name | WTK |
| Date Announced | 27 Feb 2013 |
| Category | General Announcement |
| Reference No | WH-130220-58485 |
| Type | Announcement |
| Subject | OTHERS |
| Description | W T K Holdings Berhad ("WTK") or ("the Company") Composition of Nomination Committee |
The Board of Directors of WTK wishes to announce on the following:- a) Mr Patrick Wong Haw Yeong has resigned as a member of the Nomination Committee of WTK with effect from 1 March 2013; and b) Ms. Janice Ting Soon Eng is appointed as a member of the Nomination Committee of WTK with effect from 1 March 2013. Henceforth, with effect from 1 March 2013, the composition of the Nomination Committee of WTK shall be revised as follows :- 1) Lt. General Datuk Seri Panglima Abdul Manap Ibrahim (rtd), Independent Non-Executive Director (Chairman of Nomination Committee). 2) Ms Tham Sau Kien, Independent Non-Executive Director (Member of Nomination Committee) 3) Ms Janice Ting Soon Eng, Non-Independent Non-Executive Director (Member of Nomination Committee). (This announcement is dated 27 February 2013). | |
WTK - Change in Principal Officer
Announcement Type: Change in Principal Officer
| Company Name | WTK HOLDINGS BERHAD |
| Stock Name | WTK |
| Date Announced | 27 Feb 2013 |
| Category | Change in Principal Officer |
| Reference No | WH-130220-55530 |
| Date of change | 28/02/2013 |
| Name | Janice Ting Soon Eng |
| Age | 59 |
| Nationality | Malaysian |
| Type of change | Retirement |
| Designation | Chief Financial Officer |
| Qualifications | Chartered Accountant ACA (UK), C.A (M) Member of The Institute of Chartered Accountants in England and Wales and Malaysian Institute of Accountants. |
| Working experience and occupation | Ms Janice Ting has accumulated more than 39 years of working experience in auditing, accounting and finance industries. Prior to joining W T K Holdings Berhad (“WTK”), she was trained and has 9 years working experience in Chartered Accounting firms in the United Kingdom. She retired from her position as Chief Financial Officer/Acting Chief Executive Officer of WTK with effect from 28 February 2013. |
| 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 or its subsidiaries | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Subsequent to her retirement as the Chief Financial Officer/Acting Chief Executive Officer of WTK, Ms Janice Ting is appointed as a Non-Independent Non-Executive Director of WTK with effect from 1 March 2013. (This announcement is dated 27 February 2013). |
WTK - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | WTK HOLDINGS BERHAD |
| Stock Name | WTK |
| Date Announced | 27 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | WH-130220-55044 |
| Date of change | 01/03/2013 |
| Name | Patrick Wong Haw Yeong |
| Age | 43 |
| Nationality | Malaysian |
| Type of change | Resignation |
| Designation | Member of Audit Committee |
| Directorate | Executive |
| Qualifications | Bachelor of Business Administration, United Kingdom. |
| Working experience and occupation | Upon graduation in 1993, Mr Patrick Wong Haw Yeong joined WTK family-owned group of companies in Sarawak and has been involved in the timber sector, namely the marketing of logs and plywood. Prior to his redesignation to Managing Director, he oversees and is fully in-charge of the marketing of plywood sector of WTK Holdings Berhad (“WTK”) Group. Mr Patrick Wong Haw Yeong has been a Non-Independent Non-Executive Director of WTK since January 2005 and is also currently, the executive director of all the wholly-owned subsidiaries of WTK in the plywood sector. He also sits on the Board of several other subsidiaries of WTK. |
| Directorship of public companies (if any) | Kuching Plywood Berhad and Sarawak Moulding Industries Berhad, of which both are wholly-owned subsidiaries of WTK. |
| Family relationship with any director and/or major shareholder of the listed issuer | Mr. Patrick Wong Haw Yeong is the son of Pemanca Datuk Wong Kie Yik, the Executive Chairman and a substantial shareholder of WTK. He is also the nephew of Datuk Wong Kie Nai, a substantial shareholder of WTK and Mr. Wong Kie Chie, a Non-Independent Non-Executive Director and a substantial shareholder of WTK. |
| Any conflict of interests that he/she has with the listed issuer | Pemanca Datuk Wong Kie Yik is a related party in certain recurrent related party transactions of revenue or trading nature which are necessary for the day-to-day operations (“RRPTs”) of the WTK Group. As Mr Patrick Wong Haw Yeong is the son to Pemanca Datuk Wong Kie Yik, he is a person connected to Pemanca Datuk Wong Kie Yik pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Hence, Mr Patrick Wong Haw Yeong is deemed a related party to the above-mentioned RRPTs. |
| 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) Lt. General Datuk Seri Panglima Abdul Manap Ibrahim (rtd), Independent Non-Executive Director (Chairman); 2) Ms Tham Sau Kien, Independent Non-Executive Director (Member) and 3) Mr See Huey Beng, Independent Non-Executive Director (Member). |
| Remarks : |
| Mr Patrick Wong Haw Yeong has resigned as a member of Audit Committee of WTK with effect from 1 March 2013. (This announcement is dated 27 February 2013). |
WTK - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | WTK HOLDINGS BERHAD |
| Stock Name | WTK |
| Date Announced | 27 Feb 2013 |
| Category | Change in Boardroom |
| Reference No | WH-130220-54801 |
| Date of change | 01/03/2013 |
| Name | See Huey Beng |
| Age | 59 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Commerce and Administration, Victoria University, Wellington, New Zealand. A member of the Malaysian Institute of Accountants and the New Zealand Institute of Chartered Accountants. |
| Working experience and occupation | Mr See Huey Beng was the Country Managing Partner of an international public accounting firm in Malaysia for 9 years. He had over 30 years of work experience in the Firm with a broad experience in servicing corporations and multi-nationals in a variety of industries including construction, manufacturing, electronic and gaming. He had served for a number of years as :- - Council member of the Malaysian Institute of Certified Public Accountants (“MICPA”), and served in a number of committees including the Executive Committee, Chairman of Investigation Committee, Public Affairs Committee and Examination Committee. - Member of the Global Practice Council of Ernst & Young Global. - Member of the Executive Committee of Ernst & Young Far East. - Chairman of the Advisory Council of Ernst & Young Far East. |
| 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 |
| Remarks : |
| Mr See Huey Beng is appointed as an Independent Non-Executive Director of W T K Holdings Berhad with effect from 1 March 2013. (This announcement is dated 27 February 2013). |
WTHORSE - Quarterly rpt on consolidated results for the financial period ended 31/12/2012
Announcement Type: Financial Results
| Company Name | WHITE HORSE BERHAD |
| Stock Name | WTHORSE |
| Date Announced | 27 Feb 2013 |
| Category | Financial Results |
| Reference No | CS-130227-98246 |
| 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 | 150,986 | 140,826 | 586,868 | 530,041 |
| 2 | Profit/(loss) before tax | 12,505 | 20,682 | 52,233 | 71,383 |
| 3 | Profit/(loss) for the period | 11,390 | 21,636 | 41,879 | 60,602 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 11,390 | 21,636 | 41,879 | 60,602 |
| 5 | Basic earnings/(loss) per share (Subunit) | 4.96 | 9.42 | 18.25 | 26.39 |
| 6 | Proposed/Declared dividend per share (Subunit) | 5.00 | 5.00 | 10.00 | 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 ($$) | 2.9400 | 2.8600 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
WTHORSE - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | WHITE HORSE BERHAD |
| Stock Name | WTHORSE |
| Date Announced | 27 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | CS-130227-98242 |
| Date of change | 27/02/2013 |
| Name | Tan Kiah Teck @ Tan Hong Chiang |
| Age | 72 |
| Nationality | Malaysian |
| Type of change | Resignation |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Barrister-at-Law |
| Working experience and occupation | Mr. Tan Kiah Teck @ Tan Hong Chiang joined Tan & Tan Advocates & Solicitors in 1970 and was a partner since then until his retirement on 31 December 2001. |
| 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 | Direct Interest:- Tan Kiah Teck @ Tan Hong Chiang - 15,000 |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Mr. Law Piang Woon (Chairman)(Senior Independent Non-Executive Director) 2) Mr. Liao Jung Chu (Member)(Non Independent Non-Executive Director) 3) Ms. Chew Pei Fang (Member)(Independent Non-Executive Director) |
WTHORSE - OTHERS WHITE HORSE BERHAD ("WTHORSE") OR "THE COMPANY" - FINAL TAX-EXEMPT DIVIDEND
Announcement Type: General Announcement
| Company Name | WHITE HORSE BERHAD |
| Stock Name | WTHORSE |
| Date Announced | 27 Feb 2013 |
| Category | General Announcement |
| Reference No | CS-130227-98247 |
| Type | Announcement |
| Subject | OTHERS |
| Description | WHITE HORSE BERHAD ("WTHORSE") OR "THE COMPANY" - FINAL TAX-EXEMPT DIVIDEND |
The Board of Directors of WTHORSE had resolved to recommend a final tax-exempt dividend of 5% for the financial year ended 31 December 2012, subject to the shareholders’ approval at the forthcoming Annual General Meeting. The date of entitlement and date of payment in respect of the aforesaid final tax-exempt dividend will be determined and announced in due course. This announcement is dated 27 February 2013. | |
WTHORSE - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | WHITE HORSE BERHAD |
| Stock Name | WTHORSE |
| Date Announced | 27 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | CS-130227-98243 |
| Date of change | 27/02/2013 |
| Name | Chew Pei Fang |
| Age | 54 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Social Science (Economics Honours) |
| Working experience and occupation | Ms. Chew Pei Fang has worked in several companies with vast experience in the field of administration. |
| 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 | Indirect interest:- Deemed interested through her spouse, Yap Wai Ming - 120,000 |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Mr. Law Piang Woon (Chairman)(Senior Independent Non-Executive Director) 2) Mr. Liao Jung Chu (Member)(Non Independent Non-Executive Director) 3) Ms. Chew Pei Fang (Member)(Independent Non-Executive Director) |
WTHORSE - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | WHITE HORSE BERHAD |
| Stock Name | WTHORSE |
| Date Announced | 27 Feb 2013 |
| Category | Change in Boardroom |
| Reference No | CS-130227-98241 |
| Date of change | 27/02/2013 |
| Name | Tan Kiah Teck @ Tan Hong Chiang |
| Age | 72 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | Retirement as a Director |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Barrister-at-Law |
| Working experience and occupation | Mr. Tan Kiah Teck @ Tan Hong Chiang joined Tan & Tan Advocates & Solicitors in 1970 and was a partner since then until his retirement on 31 December 2001. |
| 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 | Direct Interest:- Tan Kiah Teck @ Tan Hong Chiang - 15,000 |
WTHORSE - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | WHITE HORSE BERHAD |
| Stock Name | WTHORSE |
| Date Announced | 27 Feb 2013 |
| Category | Change in Audit Committee |
| Reference No | CS-130227-98244 |
| Date of change | 27/02/2013 |
| Name | Law Piang Woon |
| Age | 72 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | - Degree in Commerce (Accountancy) - Chartered Accountant of Malaysia - Certified Public Accountant (Australia) - Certified Public Accountant (Singapore) - Fellow of the Chartered Tax Institute of Malaysia (FCTIM) - FCCA (Fellow of ACCA) |
| Working experience and occupation | Mr. Law Piang Woon has been practising as a Public Accountant. |
| Directorship of public companies (if any) | Harn Len Corporation Berhad |
| 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) Mr. Law Piang Woon (Chairman)(Senior Independent Non-Executive Director) 2) Mr. Liao Jung Chu (Member)(Non Independent Non-Executive Director) 3) Ms. Chew Pei Fang (Member)(Independent Non-Executive Director) |
No comments:
Post a Comment