May 27, 2013

Company announcements: ARMADA, PELIKAN, HWGB, TECNIC, FARMBES, LSTEEL, BRIGHT, GMUTUAL

ARMADA - OTHERS BUMI ARMADA BERHAD ("BUMI ARMADA" or "COMPANY") - INCORPORATION OF A NEW SUBSIDIARY

Announcement Type: General Announcement
Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced27 May 2013  
CategoryGeneral Announcement
Reference NoBA-130527-8FC8D

TypeAnnouncement
SubjectOTHERS
DescriptionBUMI ARMADA BERHAD ("BUMI ARMADA" or "COMPANY")
- INCORPORATION OF A NEW SUBSIDIARY

Bumi Armada wishes to announce that with effect from 23 May 2013, Bumi Armada Ghana Limited (“BAGL”) has been wholly-owned by Bumi Armada, via Bumi Armada Offshore Holdings Limited (“BAOHL”), another wholly-owned subsidiary of Bumi Armada.

Background

BAGL was incorporated in Ghana on 19 December 2012 under the Ghana Companies Act, 1963 (Act 179) as a limited liability company. To facilitate the incorporation, 100,000 shares at the consideration of GHC100,000.00 were subscribed for and held by Bumi Armada’s Executive Director, Hassan Assad Basma (“Hassan Basma”) on behalf of BAOHL. The shares held by Hassan Basma in BAGL have been transferred to BAOHL on 23 May 2013.

The authorised capital of BAGL is 100,000,000 shares, of which 100,000 ordinary shares have been issued and paid-up. BAGL is currently dormant and its principal activities are the provision of floating production storage & offload and offshore supply vessels.

Rationale

The incorporation is to facilitate the future expansion plans and operations of the Bumi Armada Group.

Financial Effect

The incorporation is not expected to have any material effect on the earnings or net assets of the Bumi Armada Group for the financial year ending 31 December 2013.

Directors' and Major Shareholders' Interests

Director, Hassan Basma held the shares in trust for BAOHL to facilitate the incorporation of BAGL. Save as disclosed herein, none of the Directors and/or Major Shareholders of the Company or persons connected with them have any interest, direct or indirect, in the incorporation.

This announcement is dated 27 May 2013.



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

Announcement Type: General Announcement
Company NamePELIKAN INTERNATIONAL CORPORATION BERHAD  
Stock Name PELIKAN  
Date Announced27 May 2013  
CategoryGeneral Announcement
Reference NoPI-130527-F6CE6

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionFurther to the announcement made to Bursa Malaysia Securities Berhad on 30 April 2013 in relation to the notice of intention by director to deal in Pelikan International Corporation Berhad’s securities during closed period, we wish to announce that Mr. Loo Hooi Keat, a Director of the Company, had on 27 May 2013 informed the Company of his dealing in the securities of the Company as per the following table.

Description of Securities

Date Transacted

No. of Securities

Acquired / (Disposed)

Percentage

%

Total Consideration

RM

Nature of Interest

Ordinary Shares of RM1.00 each

27 May 2013

(373,000)

0.07

210,316.05

Indirect



HWGB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameHO WAH GENTING BERHAD  
Stock Name HWGB  
Date Announced27 May 2013  
CategoryGeneral Announcement
Reference NoOS-130527-46B5C

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionHO WAH GENTING BERHAD (“HWGB” OR “THE COMPANY”)

PRIVATE PLACEMENT OF UP TO 53,728,400 NEW ORDINARY SHARES OF RM0.20 EACH IN HWGB TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PRIVATE PLACEMENT”)

On behalf of the Board of Directors of HWGB, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 27 May 2013, approved the listing of and quotation for up to 53,728,400 new HWGB Shares to be issued pursuant to the Private Placement on the Main Market of Bursa Securities subject to the following conditions:

(i) Shareholders’ approval be obtained for the General Mandate for the issuance of shares pursuant to Section 132D of the Companies Act, 1965. In this respect, HWGB is required to furnish Bursa Securities with a certified true copy of the resolution passed at the Annual General Meeting to be held on 28 May 2013;

(ii) HWGB to make the following announcements for public release via Bursa LINK:-

(a) Details of the utilisation of proceeds raised from the completed corporate exercises (ie. two rights issues' and two private placements) from 2010 to 2012;

(b) Information on HWG Tin Mining Sdn Bhd ("HWG TM") including, but not limited to, the lease period of the tin mining, total amount of funds invested in undertaking the tin mining activities, total amount of tin concentrate extracted to-date, estimated capital expenditure and the future prospects of tin mining activities; and

(c) Updates on the tin mining activities undertaken by HWG TM on quarterly basis, simultaneously with the quarterly report.

(iii) HWGB and M&A Securities must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Private Placement;

(iv) HWGB and M&A Securities to inform Bursa Securities upon completion of the Private Placement; and

(v) HWGB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Private Placement is completed.

This announcement is dated 27 May 2013.



TECNIC - OTHERS CHANGE OF NAME OF SUBSIDIARY

Announcement Type: General Announcement
Company NameTECNIC GROUP BERHAD  
Stock Name TECNIC  
Date Announced27 May 2013  
CategoryGeneral Announcement
Reference NoCV-130517-54739

TypeAnnouncement
SubjectOTHERS
DescriptionCHANGE OF NAME OF SUBSIDIARY

The Board of Directors of Tecnic Group Berhad wishes to announce that its wholly owned subsidiary, Marn Fern Industry Sdn. Bhd., has changed its name to Gplus Manufacturing Sdn. Bhd. with effect from 23rd May, 2013. The certificate of Incorporation on Change of Name of Company was received on 27th May, 2013.

This announcement is dated 27th day of May, 2013.



FARMBES - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameFARM'S BEST BERHAD  
Stock Name FARMBES  
Date Announced27 May 2013  
CategoryGeneral Announcement
Reference NoOS-130527-59455

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionFARM’S BEST BERHAD (“FBB” OR “COMPANY”)

(I) PROPOSED FREE WARRANTS ISSUE; AND
(II) PROPOSED PRIVATE PLACEMENT OF SHARES WITH WARRANTS

(COLLECTIVELY REFERRED AS THE “PROPOSALS”

We refer to the announcements made on 25 April 2013, 26 April 2013 and 14 May 2013 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 23 May 2013 (which was received on 27 May 2013), approved the following:

 

(i) Admission to the Official List and the listing and quotation of up to 27,765,052 Warrants to be issued pursuant to the Proposals;

 

(ii) Listing and quotation of up to 5,553,000 Placement Shares to be issued pursuant to the Proposed Private Placement of Shares with Warrants; and

 

(iii) Listing and quotation of up to 27,765,052 new FBB Shares to be issued pursuant to the exercise of Warrants.

 

The approval granted by Bursa Securities for the Proposals are subject to the following conditions:

 

(i) FBB and TA Securities must fully comply with the relevant provisions under the Main Market Listing Requirements (“LR”) pertaining to the implementation of the Proposals;

 

(ii) FBB and TA Securities to inform Bursa Securities upon the completion of the Proposals;

 

(iii) FBB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposals are completed;

 

(iv) FBB to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at end of each quarter together with a detailed computation of listing fees payable; and

 

(v) Certified true copy of the resolutions passed by shareholders at the extraordinary general meeting for the Proposals.

 

This announcement is dated 27 May 2013.


LSTEEL - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameLEADER STEEL HOLDINGS BERHAD  
Stock Name LSTEEL  
Date Announced27 May 2013  
CategoryGeneral Meetings
Reference NoCC-130523-32074

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting27/05/2013
Time12:15 PM
Venue2nd Floor, Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, 14000 Bukit Tengah, Seberang Prai Tengah, Penang
Outcome of Meeting

The Board of Directors of the Company is pleased to inform that the shareholders of the Company have at its Twentieth AGM held on 27 May 2013 approved all resolutions as prescribed in the Notice of the Twentieth AGM contained in the Annual Report for year 2012.

This announcement is dated 27 May 2013.



BRIGHT - Changes in Sub. S-hldr's Int. (29B) - Demi Maju Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced27 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130527-60985

Particulars of substantial Securities Holder

NameDemi Maju Sdn Bhd
AddressUnit 1119, 11th Floors, Block A, Damansara Intan, No. 1, Jalan SS20/27, 47400 Petaling Jaya, Selangor.
NRIC/Passport No/Company No.153502-W
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderDemi Maju Sdn Bhd
Unit 1119, 11th Floors, Block A, Damansara Intan, No.1, Jalan SS20/27, 47400 Petaling Jaya, Selangor.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/05/2013
83,700
 

Circumstances by reason of which change has occurredDispose in open market
Nature of interestDirect
Direct (units)12,043,627 
Direct (%)27.82 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change12,043,627
Date of notice27/05/2013


GMUTUAL - Quarterly rpt on consolidated results for the financial period ended 31/3/2013

Announcement Type: Financial Results
Company NameGROMUTUAL BERHAD  
Stock Name GMUTUAL  
Date Announced27 May 2013  
CategoryFinancial Results
Reference NoCU-130523-59160

Financial Year End31/12/2013
Quarter1
Quarterly report for the financial period ended31/03/2013
The figureshave not been audited

Attachments

GromutualMar2013.pdf
322 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2013
31/03/2012
31/03/2013
31/03/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
30,907
20,360
30,907
20,360
2Profit/(loss) before tax
7,444
5,470
7,444
5,470
3Profit/(loss) for the period
5,413
4,193
5,413
4,193
4Profit/(loss) attributable to ordinary equity holders of the parent
5,413
4,193
5,413
4,193
5Basic earnings/(loss) per share (Subunit)
1.44
1.12
1.44
1.12
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 ($$)
0.7200
0.7100
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


GMUTUAL - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameGROMUTUAL BERHAD  
Stock Name GMUTUAL  
Date Announced27 May 2013  
CategoryGeneral Meetings
Reference NoCU-130523-60089

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting27/05/2013
Time10:00 AM
VenueDewan Johor, 2nd Floor, Mutiara Johor Bahru, Jalan Dato Sulaiman, Taman Century, 80250 Johor Bahru, Johor Darul Takzim, Malaysia
Outcome of Meeting
The Board of Directors of GMUTUAL is pleased to announce that at the 10th Annual General Meeting ("AGM") of the Company held today, all the Resolutions as contained in the Notice of the 10th AGM dated 30 April 2013 were duly passed by the shareholders of the Company.
This Announcement is dated 27 May 2013.


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