April 2, 2013

Company announcements: ASIABRN, SPSETIA, TSH, ADVPKG, LYSAGHT, WCT

ASIABRN - OTHERS ASIA BRANDS BERHAD (FORMERLY KNOWN AS HING YIAP GROUP BERHAD) ("ABB" or "THE COMPANY") - ACQUISITION OF WHOLLY-OWNED SUBSIDIARY COMPANY BY B.U.M. MARKETING (MALAYSIA) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("ACQUISITION")

Announcement Type: General Announcement
Company NameASIA BRANDS BERHAD  
Stock Name ASIABRN  
Date Announced2 Apr 2013  
CategoryGeneral Announcement
Reference NoCS-130402-53EC8

TypeAnnouncement
SubjectOTHERS
DescriptionASIA BRANDS BERHAD (FORMERLY KNOWN AS HING YIAP GROUP BERHAD) ("ABB" or "THE COMPANY")
- ACQUISITION OF WHOLLY-OWNED SUBSIDIARY COMPANY BY B.U.M. MARKETING (MALAYSIA) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("ACQUISITION")
1. INTRODUCTION

Pursuant to Paragraph 9.19(23) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of the Company wishes to announce that B.U.M. Marketing (Malaysia) Sdn. Bhd. ("B.U.M. Marketing"), a wholly-owned subsidiary of the Company, had on 1 April 2013, acquired two (2) ordinary shares of RM1.00 each fully paid-up in the Capital of MUFC Lifestyle Sdn. Bhd.
("MUFC") [Company No. 1037512-P], for a total cash consideration of RM2.00. Consequent thereto, MUFC became a wholly-owned subsidiary of B.U.M. Marketing, which in turn become a wholly-owned sub subsidiary of the Company.

2. INFORMATION OF MUFC

MUFC was incorporated in Malaysia under the Companies Act, 1965 on 8 March 2013. The present authorised share capital of MUFC is RM100,000/- divided into 100,000 ordinary shares of RM1.00 each and the paid-up share capital is RM2.00 divided into 2 ordinary shares of RM1.00 each.


The principal activity of MUFC is general trading.


3. FINANCIAL EFFECTS

The acquisition of MUFC is not expected to have any material effects on the earnings or net assets of the Company for the financial year ending 31 March 2014.


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

Cheah Yong Hock and Kok Tai Meng are common directors of B.U.M. Marketing. Cheah Yong Hock is a director and shareholder of the Company whereas Kok Tai Meng is a shareholder of the Company. Both are deemed interested in the Acquisition.


Accordingly, Cheah Yong Hock and Kok Tai Meng abstained from deliberations and voting in respect of the Acquisition.

Save as disclosed above, none of the other Directors and/or major shareholders or persons connected to them has any interests, direct or indirect, in the aforesaid acquisition.

5. STATEMENT BY THE BOARD OF DIRECTORS

The Board of Directors is of the opinion that the acquisition is in the best interest of the Company.


This announcement is dated 2 April 2013.


ASIABRN - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company NameASIA BRANDS BERHAD  
Stock Name ASIABRN  
Date Announced2 Apr 2013  
CategoryGeneral Announcement
Reference NoCS-130402-53EC9

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionASIA BRANDS BERHAD (FORMERLY KNOWN AS HING YIAP GROUP BERHAD) ("ABB" or "THE COMPANY")
- PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02 (1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")
Further to the announcement made on 14 January 2013, ABB wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 20 February 2013, granted an extension of time of 3 months from 31 December 2012 until 31 March 2013 to rectify the public shareholding spread.
Based on the Register of Depositors as at 31 December 2012, the Company's public shareholding spread as at 31 December 2012 was 23.14%.

ABB continues to promote its shares to its employees by encouraging the employees to purchase the Company's shares from the open market and to hold these shares for long term investment purposes.

The Company will also encourage direct contact with potential investors and shareholders to promote and create better awareness and understanding of the Company’s business and to convince prospective investors to take up shares in the Company, to improve its publicity, generate greater awareness and more interest from public investors in the equities of the Company albeit the infavourable market condition that is currently prevailing.

The Management is still trying to find ways to rectify the shortfall in the required Public Shareholding Spread and is aware that the results from any effort to generate market interest in the Company's stocks is not immediate. The Directors will also be looking into and deliberating on an appropriate rectification plan in due course.

This announcement is dated 2 April 2013.



SPSETIA - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced2 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-130402-5DF95

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares - RM0.75
Name & address of registered holder1) Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries.
10 Queen's Terrace Aberdeen,
AB10 1YG, Scotland.

2) Mitsubishi UFJ Trust and Banking Corporation ("MUTB")
4-5, Marunouchi 1-Chome, Chiyoda-ku, Tokyo, 100-8212, Japan

3) Morgan Stanley & Co. International plc
25 Cabot Square, Canary Wharf,
London E14 4QA, United Kingdom

Fundlogic SAS
61 rue de Monceau
Paris 75008, France

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/03/2013
47,400
 

Circumstances by reason of which change has occurredAcquisition by Morgan Stanley Group

Deemed interest in the shares by virtue of :-

1) MUFG's wholly owned subsidiary, MUTB holding more than 15% in Aberdeen.

2) MUTB, being MUFG's wholly owned subsidiary

3) MUFG's holding more than 15 % interest in shares of Morgan Stanley Group.
Nature of interestIndirect/Deemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)124,703,200 
Indirect/deemed interest (%)5.07 
Total no of securities after change124,703,200
Date of notice01/04/2013

Remarks :
Form 29B received on 2/04/2013


TSH - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced2 Apr 2013  
CategoryGeneral Announcement
Reference NoTR-130401-63912

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has transacted dealing in the securities of the Company as set out in Table 1 hereunder.

Date of AcquisitionName of DirectorAverage Purchase Price Per Share (RM)Number of Shares% of Issued Shares
01.04.2013Datuk (Dr.) Kelvin Tan Aik Pen2.17701100,0000.01199


TSH - Changes in Director's Interest (S135) - Datuk (Dr.) Kelvin Tan Aik Pen

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced2 Apr 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTR-130401-64145

Information Compiled By KLSE

Particulars of Director

NameDatuk (Dr.) Kelvin Tan Aik Pen
AddressMenara TSH
No. 8 Jalan Semantan
Damansara Heights
50490 Kuala Lumpur
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
01/04/2013
100,000
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)103,312,826 
Direct (%)12.38 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice02/04/2013


TSH - Changes in Sub. S-hldr's Int. (29B) - Datuk (Dr.) Kelvin Tan Aik Pen

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTSH RESOURCES BERHAD  
Stock Name TSH  
Date Announced2 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTR-130401-63653

Particulars of substantial Securities Holder

NameDatuk (Dr.) Kelvin Tan Aik Pen
AddressMenara TSH
No. 8 Jalan Semantan
Damansara Heights
50490 Kuala Lumpur
NRIC/Passport No/Company No.570907-10-6095
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderAlliancegroup Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Tan Aik Pen
6th Floor, Menara Multi-Purpose Capital Square
8 Jalan Munshi Abdullah
50100 Kuala Lumpur

Amsec Nominees (Tempatan) Sdn Bhd
- Pledged securities account - Ambank (M) Berhad for Tan Aik Pen
15th Floor, Bangunan Ambank Group
55 Jalan Raja Chulan
50200 Kuala Lumpur

ECML Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Tan Aik Pen
Ground Floor, Bangunan ECM Libra
8 Jalan Damansara Endah
Damansara Heights
50490 Kuala Lumpur

HSBC Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Tan Aik Pen
2 Jalan Lebuh Ampang
50100 Kuala Lumpur

RHB Capital Nominees (Tempatan) Sdn. Bhd.
- Pledged securities account for Tan Aik Pen
Level 3A, Tower One RHB Centre
Jalan Tun Razak
50400 Kuala Lumpur

RHB Capital Nominees (Tempatan) Sdn. Bhd.
- Tan Aik Pen
Level 3A, Tower One RHB Centre
Jalan Tun Razak
50400 Kuala Lumpur

Tan Aik Pen
Menara TSH, No. 8 Jalan Semantan
Damansara Heights
50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired01/04/2013
100,000
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Direct (units)103,312,826 
Direct (%)12.38 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change103,312,826
Date of notice02/04/2013


ADVPKG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameADVANCED PACKAGING TECHNOLOGY (M) BHD  
Stock Name ADVPKG  
Date Announced2 Apr 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130402-63449

Date of buy back02/04/2013
Description of shares purchasedORDINARY SHARES OF RM1.00 EACH
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)5,000
Minimum price paid for each share purchased ($$)1.580
Maximum price paid for each share purchased ($$)1.600
Total consideration paid ($$)7,962.00
Number of shares purchased retained in treasury (units)1,343,016
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)20,504,250
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 (%)7.01


LYSAGHT - OTHERS (Amended Announcement)

Announcement Type: General Announcement
Company NameLYSAGHT GALVANIZED STEEL BERHAD  
Stock Name LYSAGHT  
Date Announced2 Apr 2013  
CategoryGeneral Announcement
Reference NoCC-130402-E8A2A

TypeAnnouncement
SubjectOTHERS
DescriptionRecommendation of Final Dividend

Reference is made to the Company's announcement made on 26 February 2013.

The Board of Directors of Lysaght Galvanized Steel Berhad wish to inform that the final dividend recommended by the Company on 26 February 2013 should be a final single tier dividend of 12% amounting to RM4,989,600.00 in respect of the financial year ended 31 December 2012, instead of a final tax exempt dividend of 12%. Please note that there is no change to the net amount receivable by the shareholders, as the final single tier dividend is also non taxable in the hand of shareholders.

The final single tier dividend is subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company at a date to be confirmed. As such the dates of the dividend entitlement and payment will be determined at a later date.



LYSAGHT - Quarterly rpt on consolidated results for the financial period ended 31/12/2012 (Amended Announcement)

Announcement Type: Financial Results
Company NameLYSAGHT GALVANIZED STEEL BERHAD  
Stock Name LYSAGHT  
Date Announced2 Apr 2013  
CategoryFinancial Results
Reference NoCC-130402-EC33B

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Remarks :
The final dividend recommended by the Company on 26 February 2013 should be a final single tier dividend of 12%, instead of a final tax exempt dividend of 12%.

Please note that there is no change to the net amount receivable by the shareholders, as the final single tier dividend is also non taxable in the hand of shareholders.
  • 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
25,460
13,964
79,318
57,268
2Profit/(loss) before tax
6,585
2,914
15,329
10,006
3Profit/(loss) for the period
5,016
2,213
11,724
7,727
4Profit/(loss) attributable to ordinary equity holders of the parent
5,016
2,213
11,724
7,727
5Basic earnings/(loss) per share (Subunit)
12.06
5.32
28.20
18.58
6Proposed/Declared dividend per share (Subunit)
12.00
10.00
12.00
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 ($$)
2.4800
2.2900

Remarks :
The Proposed/Declared dividend per share (subunit) should be 12 sen and 10 sen for the financial years ended 31 December 2012 and 31 December 2011 respectively.
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


WCT - Changes in Director's Interest (S135) - Taing Kim Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWCT BERHAD  
Stock Name WCT  
Date Announced2 Apr 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoWW-130402-36034

Information Compiled By KLSE

Particulars of Director

NameTaing Kim Hwa
Address10, Jalan Eksekutif U1/6, Seksyen U1, 40000 Shah Alam, Selangor Darul Ehsan
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)
Others
01/04/2013
300,000
1.850 
Others
01/04/2013
9,535,399
1.850 

Description of other type of transactionExercise of Warrants (2008/2013)
Circumstances by reason of which change has occurredExercise of Warrants (2008/2013)
Nature of interestDirect and Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,966,503 
Direct (%)0.18 
Indirect/deemed interest (units)207,875,062 
Indirect/deemed interest (%)19.55 
Date of notice02/04/2013

Remarks :
This announcement also serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements


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