May 13, 2013

Company announcements: EIG, CSCSTEL, PANTECH, AEONCR, WASEONG, HIBISCS

EIG - Changes in Sub. S-hldr's Int. (29B) - Chieng Ing Huong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameESTHETICS INTERNATIONAL GROUP BERHAD  
Stock Name EIG  
Date Announced13 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-130513-82DE0

Particulars of substantial Securities Holder

NameChieng Ing Huong
AddressUnit No. A-17-9, Level 17, Block A
Menara UOA Bangsar
No. 5 Jalan Bangsar Utama 1
59100 Kuala Lumpur
NRIC/Passport No/Company No.571216-08-5189
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderProvidence Capital Sdn Bhd
Unit No. A-17-9, Level 17, Block A
Menara UOA Bangsar
No. 5 Jalan Bangsar Utama 1
59100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/05/2013
5,400
 

Circumstances by reason of which change has occurredAcquisition of shares via on market transaction by Providence Capital Sdn Bhd (Deemed)
Nature of interestDeemed interest by virtue of interest in Providence Capital Sdn Bhd pursuant to Section 6A(4)(a) of the Companies Act, 1965.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)112,268,676 
Indirect/deemed interest (%)60.75 
Total no of securities after change112,268,676
Date of notice13/05/2013


EIG - Changes in Director's Interest (S135) - Chieng Ing Huong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameESTHETICS INTERNATIONAL GROUP BERHAD  
Stock Name EIG  
Date Announced13 May 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoC&-130513-82DD3

Information Compiled By KLSE

Particulars of Director

NameChieng Ing Huong
AddressUnit No. A-17-9, Level 17, Block A
Menara UOA Bangsar
No. 5 Jalan Bangsar Utama 1
59100 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
10/05/2013
5,400
 

Circumstances by reason of which change has occurredAcquisition of shares via on market transaction by Providence Capital Sdn Bhd (Deemed)
Nature of interestDeemed interest by virtue of interest in Providence Capital Sdn Bhd pursuant to Section 6A(4)(a) of the Companies Act, 1965.
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)112,268,676 
Indirect/deemed interest (%)60.75 
Date of notice13/05/2013


EIG - Changes in Sub. S-hldr's Int. (29B) - Providence Capital Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameESTHETICS INTERNATIONAL GROUP BERHAD  
Stock Name EIG  
Date Announced13 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-130513-82DC5

Particulars of substantial Securities Holder

NameProvidence Capital Sdn Bhd
AddressUnit No. A-17-9, Level 17, Block A
Menara UOA Bangsar
No. 5 Jalan Bangsar Utama 1
59100 Kuala Lumpur
NRIC/Passport No/Company No.118922-P
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderProvidence Capital Sdn Bhd
Unit No. A-17-9, Level 17, Block A
Menara UOA Bangsar
No. 5 Jalan Bangsar Utama 1
59100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/05/2013
5,400
 

Circumstances by reason of which change has occurredAcquisition of shares via on market transaction
Nature of interestDirect Interest
Direct (units)112,268,676 
Direct (%)60.75 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change112,268,676
Date of notice13/05/2013


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

Announcement Type: Financial Results
Company NameCSC STEEL HOLDINGS BERHAD  
Stock Name CSCSTEL  
Date Announced13 May 2013  
CategoryFinancial Results
Reference NoCM-130507-43284

Financial Year End31/12/2013
Quarter1
Quarterly report for the financial period ended31/03/2013
The figureshave not been audited
  • 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
312,042
242,193
312,042
242,193
2Profit/(loss) before tax
23,069
7,751
23,069
7,751
3Profit/(loss) for the period
17,525
5,553
17,525
5,553
4Profit/(loss) attributable to ordinary equity holders of the parent
17,525
5,553
17,525
5,553
5Basic earnings/(loss) per share (Subunit)
4.71
1.49
4.71
1.49
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 ($$)
2.1200
2.0700
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


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

Announcement Type: General Announcement
Company NamePANTECH GROUP HOLDINGS BERHAD  
Stock Name PANTECH  
Date Announced13 May 2013  
CategoryGeneral Announcement
Reference NoCC-130513-1A3E8

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNotification of dealing by a Principal Officer in the securities of Pantech Group Holdings Berhad ("Pantech" or "the Company") outside closed period

Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Lee Liang Mong, a Principal Officer of the Company had transacted in the securities of the Company outside closed period as per table below:-

Date of interest disposed

No. of securities disposed

Price of securities disposed

Total no. of securities held after disposal

Percentage of securities held after disposal

Transaction

13 May 2013

1,260,000

RM0.986

24,467,600

4.81%

Disposal via open market.

This announcement is dated 13 May 2013.



PANTECH - Notice of Person Ceasing (29C) - LEE LIANG MONG

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NamePANTECH GROUP HOLDINGS BERHAD  
Stock Name PANTECH  
Date Announced13 May 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-130513-50364

Particulars of substantial Securities Holder

NameLEE LIANG MONG
AddressBLOCK C, 02-05
JALAN PERKAKA 3,
TAMAN PERLING
81200 JOHOR BAHRU
JOHOR
NRIC/Passport No/Company No.551014-01-5467
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARE OF RM0.20 EACH
Date of cessation13/05/2013
Name & address of registered holderLEE LIANG MONG
BLOCK C, 02-05
JALAN PERKAKA 3,
TAMAN PERLING
81200 JOHOR BAHRU
JOHOR
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed1,260,000 
Price Transacted ($$)0.986 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposal via Open Market
Nature of interestDirect Interest
Date of notice13/05/2013


AEONCR - 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 NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced13 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130513-73C45

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 of RM0.50 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace, Aberdeen,
AB10 1YG, Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/05/2013
298,000
 

Circumstances by reason of which change has occurredAcquisition by Aberdeen
Nature of interestDeemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)9,405,161 
Indirect/deemed interest (%)6.5314 
Total no of securities after change9,405,161
Date of notice10/05/2013

Remarks :
MUFG is deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen.

The Form 29B was received by the Company on 13 May 2013.


WASEONG - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced13 May 2013  
CategoryChange in Boardroom
Reference NoCC-130513-40954

Date of change13/05/2013
NameDaniel Yong Chen-I
Age41
NationalityMalaysian
Type of changeAppointment
DesignationAlternate Director
DirectorateNon Independent & Non Executive
QualificationsLaw graduate from the University of Bristol, England. 
Working experience and occupation Mr Daniel Yong joined Mid Valley City Sdn Bhd (‘MVC’) in 1999 as a member of the pre-opening retail development team. He was appointed an Executive Director of MVC in 2003 and has been responsible for overseeing the management and operation of Mid Valley Megamall, since. He was also involved in the design and pre-opening of The Gardens Mall from 2004 to 2007. His prior work experience includes the development of bespoke systems with BYG Systems Ltd in England and Operational Management with Wah Seong Engineering Sdn Bhd, the distributor and manufacturer for Toshiba Elevator and Escalator in Malaysia. 
Directorship of public companies (if any)KrisAssets Holdings Berhad (in-liquidation), IGB REIT Management Sdn Bhd and IGB Corporation Berhad (Alternate Director). 
Family relationship with any director and/or major shareholder of the listed issuerMr Daniel Yong is the son of Ms Pauline Tan Suat Ming, a Non-Independent Non-Executive Director of the Company. He is also the nephew of Robert Tan Chung Meng, a Non-Independent Non-Executive Chairman of the Company.  
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect Interest
48,534 ordinary shares of RM0.50 each

*Deemed Interest
2,789,293 ordinary shares of RM0.50 each

*Deemed interest held through Ms Pauline Tan Suat Ming, his mother and include interests of his father and siblings pursuant to Section 6A of the Companies Act, 1965 

Remarks :
Appointed as Alternate Director to Ms Pauline Tan Suat Ming, the existing Non-Independent Non-Executive Director of the Company.


HIBISCS - OTHERS HIBISCUS PETROLEUM BERHAD (“HIBISCUS PETROLEUM” OR “THE COMPANY”) - SUBSCRIPTION OF SHARES IN HIREX PETROLEUM SDN BHD (“HIREX”) (FORMERLY KNOWN AS REVENUE SPHERE SDN BHD) BY ORIENT HIBISCUS SDN BHD (“ORIENT HIBISCUS”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, AND REX SOUTH EAST ASIA LTD (“REX”)

Announcement Type: General Announcement
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced13 May 2013  
CategoryGeneral Announcement
Reference NoCC-130513-57632

TypeAnnouncement
SubjectOTHERS
DescriptionHIBISCUS PETROLEUM BERHAD (“HIBISCUS PETROLEUM” OR “THE COMPANY”)
- SUBSCRIPTION OF SHARES IN HIREX PETROLEUM SDN BHD (“HIREX”) (FORMERLY KNOWN AS REVENUE SPHERE SDN BHD) BY ORIENT HIBISCUS SDN BHD (“ORIENT HIBISCUS”), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, AND REX SOUTH EAST ASIA LTD (“REX”)
INTRODUCTION
We refer to the announcement of the Company made on 21 March 2013 in relation to the equal joint venture arrangement between Orient Hibiscus and Rex to leverage on the use of Rex Proprietary Technologies in 11 countries within the Asia Pacific region, to pursue investments in exploration assets in these countries.

Hibiscus Petroleum wishes to announce that Orient Hibiscus, a wholly-owned subsidiary of Hibiscus Petroleum, had on 13 May 2013 subscribed for 39,998 ordinary shares of RM1.00 each in HiRex, for a total cash consideration of RM39,998.00 ("the Subscription"). With this subscription, Orient Hibiscus holds 40,000 ordinary shares, representing 50% of the issued and paid-up capital in HiRex, pursuant to the earlier 2 ordinary shares held by Orient Hibiscus due to its acquisition of HiRex in February 2013.

At the same time, Rex has also subscribed for 40,000 ordinary shares of RM1.00 each in HiRex, for a total cash consideration of RM40,000.00, in accordance with the terms of the Shareholders’ Agreement executed on 21 March 2013.

With the subscription of shares by both Orient Hibiscus and Rex, HiRex’s paid up capital has increased to RM80,000.00 divided into 80,000 ordinary shares of RM1.00 each. Consequent thereto, HiRex has become a jointly-controlled company of both Orient Hibiscus and Rex.

INFORMATION ON ORIENT HIBISCUS
Orient Hibiscus was incorporated in Malaysia with an authorised capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each and paid-up capital of RM2.00 divided into 2 ordinary shares of RM1.00 each.

INFORMATION ON HIREX
HiRex was incorporated in Malaysia with an authorised capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each and paid-up capital of RM2.00 divided into 2 ordinary shares of RM1.00 each.

RATIONALE
The Subscription is in accordance with the terms of the Shareholders’ Agreement executed on 21 March 2013.

EFFECTS OF THE SUBSCRIPTION OF SHARES
The Subscription does not have any material effect on the share capital and substantial shareholdings of Hibiscus Petroleum.

The Subscription is not expected to have any significant impact on the consolidated net assets, earnings per share and net gearing position of Hibiscus Petroleum for the financial year ending 31 March 2014.

STATEMENT BY THE BOARD OF DIRECTORS
The Board, having considered all aspects of the Subscription, is of the opinion that the Subscription is in the best interest of Hibiscus Petroleum and the Group.

DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST
None of the Directors and/or major shareholders of Hibiscus Petroleum and/or persons connected to them have any interest, direct or indirect, in the Subscription.

APPROVALS
The Subscription is not subject to the approval of shareholders and the relevant government authorities.

This announcement is dated 13 May 2013.


HIBISCS - Changes in Sub. S-hldr's Int. (29B) - Mercury Pacific Marine Pte Ltd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced13 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130513-51739

Particulars of substantial Securities Holder

NameMercury Pacific Marine Pte Ltd
Address20A Circular Road, Singapore 049376
NRIC/Passport No/Company No.200608531M
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary Shares at RM0.01 each
Name & address of registered holderRHB Capital Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Perintis Muhibah Sdn Bhd
RHB Bank Berhad of 2nd Floor, Level 3A, Tower 1, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/05/2013
94,300
 
Acquired07/05/2013
30,100
 
Acquired08/05/2013
24,000
 
Acquired09/05/2013
18,000
 
Acquired10/05/2013
20,000
 

Circumstances by reason of which change has occurredDeemed interest by virtue of Section 6A of the Companies Act, 1965
Nature of interestIndirect
Direct (units)24,507,700 
Direct (%)5.55 
Indirect/deemed interest (units)5,083,700 
Indirect/deemed interest (%)1.15 
Total no of securities after change2,951,400
Date of notice13/05/2013


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