April 19, 2013

Company announcements: MTOUCHE, HHHCORP, CIHLDG, MISC, DSONIC, AEON, EKIB, WCT, BRIGHT

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

Announcement Type: General Announcement
Company NameMTOUCHE TECHNOLOGY BERHAD (ACE Market) 
Stock Name MTOUCHE  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoCA-130419-66689

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionMTOUCHE TECHNOLOGY BERHAD ("mTouche" or THE COMPANY")
- NOTIFICATION TO DEAL IN SECURITIES BY DIRECTOR DURING CLOSED PERIOD

In compliance with Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, mTouche wishes to announce that the Company has received notification from a Director of the Company of his intention to deal in securities of the Company during the closed period.

The name and current interests of the Director in the securities of the Company are disclosed in the table below.

Name

No. of Ordinary Shares

of RM0.10 each held

Percentage of Shareholding (%)

Raja Hizad Bin Raja Kamarulzaman

Direct : Nil

Indirect : 65,865,000

Nil

29.70



HHHCORP - Annual Audited Accounts - 31 December 2012

Announcement Type: PDF Submission
Company NameHIAP HUAT HOLDINGS BERHAD (ACE Market) 
Stock Name HHHCORP  
Date Announced19 Apr 2013  
CategoryPDF Submission
Reference NoCC-130419-1898

Admission SponsorHong Leong Investment Bank Berhad
SubjectAnnual Audited Accounts - 31 December 2012

Attachments

Hiap Huat 2012.pdf
222 KB






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

Announcement Type: General Announcement
Company NameC.I. HOLDINGS BERHAD  
Stock Name CIHLDG  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoCC-130419-40369

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionDEALING IN THE COMPANY’S SECURITIES DURING CLOSED PERIOD PURSUANT TO CHAPTER 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

The Board of Directors of the Company wishes to announce that the Company has received a notification from Ms. Teh Bee Tein, the Director of the Company, of her dealing in the Company’s securities during closed period, details of which are set out in the table below:-

Date transacted

No. of Ordinary Shares Acquired

Nature of Interest

Consideration

16/4/2012

15,000 (0.01%)

Deemed Interest

RM1.063 per share

This announcement is dated 19 April 2013.



MISC - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameMISC BERHAD  
Stock Name MISC  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoMM-130419-B544D

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionMISC BERHAD (“MISC” OR “COMPANY”)

REVISED CONDITIONAL TAKE-OVER OFFER BY PETROLIAM NASIONAL BERHAD (“OFFEROR”) THROUGH CIMB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE ORDINARY SHARES OF RM1.00 EACH IN MISC WHICH ARE NOT ALREADY HELD BY THE OFFEROR (“OFFER SHARES”) AT A CASH OFFER PRICE OF RM5.50 PER OFFER SHARE (“REVISED OFFER”)

We refer to the announcement dated 31 January 2013 and all subsequent announcements made in relation to the Offer.

The Board of Directors of MISC wishes to inform that MISC has today received the attached press notice from CIMB, on behalf of the Offeror, informing that the Offer in respect of the Offer Shares has failed to meet the Acceptance Condition. Thus, the Offer has closed at 5.00 p.m. (Malaysian time) on the Revised Closing Date.

As at 5.00 p.m. (Malaysian time) on the Revised Closing Date, PETRONAS holds (together with MISC Shares for which acceptances in respect of the Offer have been received and MISC Shares that are already acquired, held or entitled to be acquired or held by PETRONAS), 86.07% of the voting shares of MISC.

In view that the Offer has closed, PETRONAS shall return all the MISC Shares which have been transferred into the Bursa Malaysia Depository Sdn Bhd Central Depository System account of PETRONAS to the respective holders who have accepted the Offer within fourteen (14) days from the Revised Closing Date.

The detailed disclosure of the level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on the Revised Closing Date is set out in the attached press notice.

Please refer to the attached press notice for further details.

This announcement is dated 19 April 2013.



DSONIC - OTHERS DATASONIC GROUP BERHAD (“DATASONIC” OR “THE COMPANY”) - Letter of Award (“LOA”) by Kementerian Dalam Negeri Malaysia (“KDN”) to Datasonic Technologies Sdn Bhd (“DTSB”), a wholly-owned subsidiary of the Company

Announcement Type: General Announcement
Company NameDATASONIC GROUP BERHAD  
Stock Name DSONIC  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoCC-130419-6A10F

TypeAnnouncement
SubjectOTHERS
DescriptionDATASONIC GROUP BERHAD (“DATASONIC” OR “THE COMPANY”)
- Letter of Award (“LOA”) by Kementerian Dalam Negeri Malaysia (“KDN”) to Datasonic Technologies Sdn Bhd (“DTSB”), a wholly-owned subsidiary of the Company
The Board of Directors of DATASONIC is pleased to announce that its wholly-owned subsidiary, DTSB has on 19 April 2013 accepted the Letter of Award dated 15 April 2013 from KDN for Maintenance services for personalisation process at the National Registration Department under a RM14,953,878.00 contract for a two-year duration commencing from 1 May 2013 to 30 April 2015.
Please refer to the attached file for details of the announcement.

This announcement is dated 19 April 2013.


AEON - 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 NameAEON CO. (M) BHD  
Stock Name AEON  
Date Announced19 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130419-8EDB3

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN)
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)
Acquired16/04/2013
68,600
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units)34,418,600 
Direct (%)9.8059 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change34,418,600
Date of notice17/04/2013

Remarks :
The total number of 34,418,600 Ordinary Shares of RM1.00 each are held as follows:

1) 22,259,800 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
2) 500,000 Ordinary Shares of RM1.00 each are registered in the name of Employees Provident Fund Board
3) 4,286,800 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA)
4) 2,567,000 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI)
5) 64,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON)
6) 4,740,100 Ordinary Shares of RM1.00 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 19 April 2013.


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

Announcement Type: General Announcement
Company NameAEON CO. (M) BHD  
Stock Name AEON  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoCC-130419-65263

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionAEON CO. (M) BHD. ("the Company" or “AEON CO.”)
- SUBSCRIPTION OF AEON TOPVALU MALAYSIA SDN. BHD.’S SHARES
- ACQUISITION OF AEON TOPVALU MALAYSIA SDN. BHD.’S SHARES
1. INTRODUCTION
      The Board of Directors of the Company (hereinafter referred to as the “Board”) wishes to announce that the Company has on 19th April 2013 entered into a Subscription and Relationship Agreement (hereinafter referred to as the “Agreement”) with AEON TOPVALU MALAYSIA SDN. BHD. (Company No. 1030462-A) (hereinafter referred to as the “ATM”) and AIC INC (hereinafter referred to as the “AIC”) for the investment in ATM as follows:

      (i) Subscription of 399,998 ordinary shares of RM1.00 each in ATM at par at the subscription price of Ringgit Malaysia Three Hundred Ninety Nine Thousand Nine Hundred and Ninety Eight (RM399,998.00) only; and
        (ii) Acquisition of 2 ordinary shares of RM1.00 each at par for the purchase consideration of Ringgit Malaysia Two (RM2.00) only from AIC, subject to the terms and conditions as stipulated in the Agreement.

        (collectively referred to as “Transactions”.)
        Following the above, the shareholders and their respective shareholdings in ATM will be as follows:
    AEON CO.: 20% (400,000 ordinary shares of RM1.00 each)
    AIC: 80% (1,600,000 ordinary shares of RM1.00 each)
    Total enlarged share capital: 100% (2,000,000 ordinary shares)
        Upon completion of the Transactions, ATM will become an associate company of the Company.

    2. INFORMATION ON ATM

    2.1 ATM is a private limited company incorporated in Malaysia on 7th January 2013 under the Companies Act, 1965 with an authorised share capital of RM5,000,000.00 comprising 5,000,000 ordinary shares of RM1.00 each and an issued and paid-up share capital of RM1,600,002.00 comprising 1,600,002 ordinary shares of RM1.00 each .
      2.2 ATM’s principal activity is operating as a retailer supplying merchandise including, but not limited to the merchandise under the private brand name of “TOPVALU”.


      3. INFORMATION ON AIC
          AIC is a company incorporated in Japan with a paid-up share capital of JPY230,000,000. AIC’s principal activities are operating as a trading company specializing in product development and also as an importer.

      4. DETAILS OF THE TRANSACTIONS INTO ATM’S SHARES

          The Company will invest in twenty percent (20%) of the enlarged issued and paid-up shares capital of ATM in the following manner:-
            (i) To enter into the Agreement upon approval by the Board of Directors of the Company.
              (ii) After entering into the Agreement, the Company shall be entitled to serve the duly executed subscription notice to ATM for the subscription of the shares in ATM.
                (iii) On the completion date which is defined in the Agreement, the Company will pay the subscription price to ATM in accordance to the subscription schedule and ATM shall issue the subscription shares to the Company as follows:-
                    No. of Ordinary Shares in ATM
                    Consideration (RM)
                    AEON CO. (M) BHD.
                    400,000 (20%)
                    400,000
                    AIC INC
                    1,600,000 (80%)
                    1,600,000
                    2,000,000


            5. SALIENT FEATURES OF THE AGREEMENT

            5.1 The Agreement is entered between ATM, AIC and the Company for the subscription of the ordinary shares of ATM by the Company and AIC. ATM has agreed to issue 2,000,000 ordinary shares at RM1.00 each for subscription by AIC and the Company, and AIC and the Company have agreed to subscribe such ordinary shares, subject to the terms and conditions of the Agreement.

            5.2 On 29th January 2013, ATM has issued and registered a total of 1,600,000 ordinary shares of RM1.00 each to AIC for the subscription price of RM1,600,000.00 and AIC has duly paid the full subscription amount to ATM on the said date.

            5.3 On 14th February 2013, ATM has transferred and registered a total of 2 ordinary shares of RM1.00 each to AIC for the total subscription price of RM2.00 and AIC has duly paid the total full subscription amount to ATM on the said date.

            5.4 ATM has agreed to issue to the Company and the Company has agreed to subscribe 399,998 ordinary shares of RM1.00 each in ATM at the subscription price of RM399,998.00, and AIC has agreed to transfer to the Company and the Company has agreed to purchase 2 ordinary shares of RM1.00 each in ATM as stated in item 5.3 above at the purchase price of RM2.00 from AIC in accordance with the terms and conditions set out in the Agreement.

              6. RATIONALE OF THE TRANSACTIONS
                  The Transactions are in line with the Company’s corporate strategy of accelerating the expansion of its private-brand business under the private brand name of “TOPVALU”.

              7. THE EXPECTED GAINS OR LOSSES ARISING FROM THE TRANSACTIONS

                  The Transactions are not expected to give rise to any gains or losses on the earnings of the Company for the current financial year ending 31 December 2013.

              8. ASSUMPTION OF LIABILITIES FOR THE TRANSACTIONS

              The Transactions will not have any effect on the liabilities of the Company.
                9. EFFECT OF THE TRANSACTIONS

                9.1 Share Capital and Substantial Shareholders’ Shareholdings
                      The Transactions will not have any effect on the share capital of the Company or the shareholdings of substantial shareholders.

                  9.2 Earnings and Net Assets

                      The Transactions are not expected to have any material impact on the earnings and net assets per share of the Company for the financial year ending 31 December 2013.

                  9.3 Gearing
                        The Transactions do not have any gearing impact on the Company.


                    10. DIRECTORS AND MAJOR SHAREHOLDERS’ INTEREST
                        AEON Co., Ltd (“ACL”), a major shareholder of the Company is the holding company of AIC and is deemed interested in the Transactions.

                        Mr Nagahisa Oyama, Mr Naoki Hayashi and Mr Mitsuru Nakata are key employees of ACL and persons connected to ACL. Therefore, Mr. Nagahisa Oyama, Mr. Naoki Hayashi and Mr. Mitsuru Nakata are deemed interested in the Agreement shall abstain from all deliberations and voting in connection with the Transactions.

                        Save as disclosed above and the best of the Company’s knowledge, none of the Directors and/or major shareholders of the Company and/or persons connected with them, have any interest, directly and/or indirect in the Transactions.

                    11. STATEMENT BY THE BOARD OF DIRECTORS
                        Having considered the rationale and effects of the Transactions, the Board is of the opinion that the Transactions are in the best interest of the Company.

                    12. PROSPECT
                          The Transactions of twenty percent (20%) equity shares in ATM will enable the Company to participate in ATM’s business for synergistic benefits and further allow the Company to continue to enjoy and share in potential future returns generated by the business through the expertise of ATM.
                          .
                      13. RISK FACTOR
                          Apart from the ordinary business risks, there are no other additional risks envisaged that may arise from the Transactions.


                      14. APPROVALS REQUIRED
                          The necessary approvals for the Transactions are as stated in item 4 above and the Transactions do not require the approval of the shareholders of the Company.


                      15. ESTIMATED TIME FRAME FOR COMPLETION
                          Unless the parties otherwise agree, the completion date will take place on 30th April 2013 or any earlier date agreed between the Company and ATM.

                      This is a voluntary announcement under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


                      This announcement is dated 19th April 2013.


                      EKIB - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

                      Announcement Type: General Announcement
                      Company NameEMAS KIARA INDUSTRIES BERHAD  
                      Stock Name EKIB  
                      Date Announced19 Apr 2013  
                      CategoryGeneral Announcement
                      Reference NoCK-130419-DE37B

                      TypeAnnouncement
                      SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
                      DescriptionCONDITIONAL TAKE-OVER OFFER BY WONG KONG FOO (“WKF” OR THE “OFFEROR”) THROUGH KENANGA INVESTMENT BANK BERHAD TO ACQUIRE THE FOLLOWING:

                      I) ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN EMAS KIARA INDUSTRIES BERHAD (“EKIB” OR THE “COMPANY”) (“EKIB SHARE(S)”) NOT ALREADY OWNED BY THE OFFEROR AND PERSONS ACTING IN CONCERT WITH THE OFFEROR; AND

                      II) ANY NEW EKIB SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING DATE OF THE OFFER ARISING FROM THE EXERCISE OF THE OUTSTANDING OPTIONS GRANTED BY EKIB TO THE ELIGIBLE DIRECTORS AND EMPLOYEES OF EKIB AND ITS SUBSIDIARIES UNDER ITS EMPLOYEES’ SHARE OPTION SCHEME;

                      (COLLECTIVELY REFERRED TO AS “OFFER SHARES”) FOR A CASH OFFER PRICE OF RM0.45 FOR EACH OFFER SHARE (“OFFER”)

                      Unless otherwise defined herein, all terms and acronyms used herein shall be the same as those defined in the offer document dated 2 April 2013 in relation to the Offer (“Offer Document”).

                      Further to the announcement made on 9 April 2013 in relation to the subject matter, EKIB wishes to announce that the Company has on 19 April 2013 received the attached Press Release from Kenanga Investment Bank Berhad, on behalf of the Offeror, informing that in accordance with Section 25(3) of the Code, the Offer will be extended from 5.00 p.m. (Malaysian time) on 23 April 2013 to 5.00 p.m. (Malaysian time) on 10 May 2013 (“Extended Closing Date”). Notice of the said Extended Closing Date will be posted to the Holders of the Offer Shares accordingly (including the holders of Offer Shares who has accepted the Offer).

                      Save for the Extended Closing Date, all other details, terms and conditions of the Offer remain unchanged. Holders of the Offer Shares who wish to accept the Offer are advised to refer to the Offer Document for the details, terms and conditions of the Offer including the procedures for acceptance of the Offer as well as refer to the Independent Advice Circular to the shareholders dated 12 April 2013.

                      Please refer to the attached Press Release for further details.

                      This announcement is dated 19 April 2013.



                      WCT - MATERIAL LITIGATION

                      Announcement Type: General Announcement
                      Company NameWCT BERHAD  
                      Stock Name WCT  
                      Date Announced19 Apr 2013  
                      CategoryGeneral Announcement
                      Reference NoWW-130419-60184

                      TypeAnnouncement
                      SubjectMATERIAL LITIGATION
                      DescriptionWCT BERHAD (“WCT” or “the Company”)
                      - Request For Arbitration By Bahrain Asphalt Establishment B.S.C. (Closed) (“BAE”)

                      We refer to the announcements made on 9 March 2010 and 11 March 2010 in respect of the above.

                      The Board of Directors of WCT wishes to announce that WCT, which is a party to the Gamuda-WCT Joint Venture, Qatar ("the JV") has on 17 April 2013 received the final award of the Arbitral Tribunal pursuant to the International Chamber of Commerce Rules of Arbitration.

                      The Arbitral Tribunal has awarded BAE, and the JV shall pay to BAE the following:

                      (i) QAR 45,720,802 (approximately RM38,129,000) being the sum of QAR 55,671,142 less the sum of QAR 9,950,340 which the JV is entitled to in respect of its counter claim; and

                      (ii) QAR 17,104,710 (approximately RM14,264,000) as legal and other costs and USD 412,000 (approximately RM1,250,000) for arbitrators’ costs.

                      WCT has 49% interest in the JV. The impact on the earnings of WCT Group for the financial year ending 31 December 2013 is approximately RM26,285,000.

                      Meanwhile, the JV continues to pursue its claims with the Government of Qatar in respect of the main contract.

                      This announcement is dated 19 April 2013.



                      BRIGHT - OTHERS BRIGHT PACKAGING INDUSTRY BERHAD (“BRIGHT” OR THE “COMPANY”) - PROPOSED AUTHORITY FOR THE COMPANY TO BUY-BACK ITS OWN SHARES (“PROPOSED SHARE BUY-BACK”)

                      Announcement Type: General Announcement
                      Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
                      Stock Name BRIGHT  
                      Date Announced19 Apr 2013  
                      CategoryGeneral Announcement
                      Reference NoCC-130419-38323

                      TypeAnnouncement
                      SubjectOTHERS
                      DescriptionBRIGHT PACKAGING INDUSTRY BERHAD (“BRIGHT” OR THE “COMPANY”)
                      - PROPOSED AUTHORITY FOR THE COMPANY TO BUY-BACK ITS OWN SHARES (“PROPOSED SHARE BUY-BACK”)

                      The Board of Directors of the Company wishes to announce that the Company proposes to seek the approval from its shareholders for the Proposed Share Buy-Back at the forthcoming extraordinary general meeting (“EGM”) to be convened.

                      A circular to the shareholders of the Company containing the details of the Proposed Share Buy-Back together with a notice to convene the EGM will be despatched to the shareholders of the Company in due course.

                      This announcement is dated 19 April 2013.



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