Company announcements: EKIB, THHEAVY, DESTINI, GLOBALC, TNLOGIS, SPSETIA

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

Announcement Type: General Announcement

Company Name	EMAS KIARA INDUSTRIES BERHAD
Stock Name	EKIB
Date Announced	6 May 2013
Category	General Announcement
Reference No	CK-130506-BD968

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD
Description	Emas Kiara Industries Berhad - Dealings in listed securities
Pursuant to Chapter 14 of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities"), Emas Kiara Industries Berhad (“EKIB”) wishes to announce that Wong Kong Foo, a Director, has given notice of his exempted dealings in the securities of EKIB [Paragraph 14.06 (e) of the MMLR of Bursa Securities] during closed period, the details of which are as set out in the Table below: Date of Change Number of Shares Acquired/ (Disposed) % of the Securities Transaction Price Per Share (RM) Remarks Direct Indirect 02.05.2013 103,000 - 0.12 0.45 Pursuant to the Conditional Take-Over Offer by Wong Kong Foo through Kenanga Investment Bank Berhad. 03.05.2013 1,000 - 0.00 0.45

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EKIB - Changes in Sub. S-hldr's Int. (29B) - Wong Kong Foo

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	EMAS KIARA INDUSTRIES BERHAD
Stock Name	EKIB
Date Announced	6 May 2013
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CK-130506-BD95E

Particulars of substantial Securities Holder

Name	Wong Kong Foo
Address	6-2 Solaris Mont’ Kiara Jalan Solaris 3 50480 Kuala Lumpur Wilayah Persekutuan
NRIC/Passport No/Company No.	600701-10-7281
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary Shares of RM0.50 each
Name & address of registered holder	Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Wong Kong Foo 8th Floor, Kenanga International Jalan Sultan Ismail 50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	02/05/2013	103,000	0.450
Acquired	03/05/2013	1,000	0.450

Circumstances by reason of which change has occurred	Pursuant to the Conditional Take-Over Offer by Wong Kong Foo Through Kenanga Investment Bank Berhad
Nature of interest	Direct
Direct (units)	18,054,028
Direct (%)	20.23
Indirect/deemed interest (units)	17,299,804
Indirect/deemed interest (%)	19.38
Total no of securities after change	35,353,832
Date of notice	06/05/2013

Remarks :

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EKIB - Changes in Director's Interest (S135) - Wong Kong Foo

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	EMAS KIARA INDUSTRIES BERHAD
Stock Name	EKIB
Date Announced	6 May 2013
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	CK-130506-BD94B

Information Compiled By KLSE

Particulars of Director

Name	Wong Kong Foo
Address	6-2 Solaris Mont’ Kiara Jalan Solaris 3 50480 Kuala Lumpur Wilayah Persekutuan
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	02/05/2013	103,000	0.450
Acquired	03/05/2013	1,000	0.450

Circumstances by reason of which change has occurred	Pursuant to the Conditional Take-Over Offer by Wong Kong Foo Through Kenanga Investment Bank Berhad
Nature of interest	Direct
Consideration (if any)

Total no of securities after change
Direct (units)	18,054,028
Direct (%)	20.23
Indirect/deemed interest (units)	17,299,804
Indirect/deemed interest (%)	19.38
Date of notice	06/05/2013

Remarks :

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

Announcement Type: General Announcement

Company Name	TH HEAVY ENGINEERING BERHAD
Stock Name	THHEAVY
Date Announced	6 May 2013
Category	General Announcement
Reference No	MB-130506-52919

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	TH HEAVY ENGINEERING BERHAD (“THHE” or “Company”) PROPOSED PRIVATE PLACEMENT OF UP TO 92,797,000 NEW ORDINARY SHARES OF RM0.25 EACH IN THE COMPANY (“PLACEMENT SHARES”) REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF THHE (“PROPOSED PRIVATE PLACEMENT”)
On behalf of the Board of Directors of the THHE, AmInvestment Bank Berhad wishes to announce that the Company proposes to undertake a private placement of up to 92,797,000 new ordinary shares of RM0.25 each in the Company, representing approximately ten percent (10%) of the existing issued and paid-up share capital of the Company. Further details of the Proposed Private Placement are set out in the attachment. This announcement is dated 6 May 2013.

Attachments THHE - Proposed Private Placement.pdf 146 KB

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DESTINI - OTHERS DESTINI BERHAD ("DESTINI" or "THE COMPANY") - Letter of Award from Ministry of Defence Malaysia

Announcement Type: General Announcement

Company Name	DESTINI BERHAD
Stock Name	DESTINI
Date Announced	6 May 2013
Category	General Announcement
Reference No	CC-130506-51734

Type	Announcement
Subject	OTHERS
Description	DESTINI BERHAD ("DESTINI" or "THE COMPANY") - Letter of Award from Ministry of Defence Malaysia
The Board of Directors of Destini Berhad (“Destini” or “the Company”) is pleased to announce that Destini Prima Sdn Bhd (“DPSB”), a wholly-owned subsidiary of Destini, had on 30 April 2013, accepted a letter of award from Ministry of Defence Malaysia for the supply and maintenance of safety survival equipment to the Royal Malaysian Navy for a total contract sum of RM3,000,000.00 (“the Contract”). The Contract is for the period of three (3) years commencing from 30 April 2013 to 31 March 2016. The Contract is not expected to have any material effects on the share capital and shareholding structure of the Company. However, it is expected to have positive contribution to the earnings per share, net assets per share and gearing of the Destini group. There are no significant risks other than operational risk associated with the Contract. None of the Directors and/or substantial shareholders of the Company or persons connected to the said Directors and/or substantial shareholders have any direct or indirect interest in the Contract. The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract being incurred in the ordinary course of business, is not subject to the approval of the shareholders. This announcement is dated 6 May 2013.

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DESTINI - Changes in Director's Interest (S135) - Dato' Rozabil @ Rozamujib Bin Abdul Rahman

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	DESTINI BERHAD
Stock Name	DESTINI
Date Announced	6 May 2013
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	CC-130506-1FE19

Information Compiled By KLSE

Particulars of Director

Name	Dato’ Rozabil @ Rozamujib Bin Abdul Rahman
Address	11, Persiaran BLM 5 Bandar Laguna Merbok 08000 Sungai Petani, Kedah
Descriptions(Class & nominal value)	Ordinary Share of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	30/04/2013	125,700	0.320

Circumstances by reason of which change has occurred	Acquisition of shares via open market transaction.
Nature of interest	Direct
Consideration (if any)

Total no of securities after change
Direct (units)	401,100
Direct (%)	0.11
Indirect/deemed interest (units)	89,000,000
Indirect/deemed interest (%)	24.52
Date of notice	06/05/2013

Remarks :

The change in interest as a result of acquisition of 125,700 shares by Dato’ Rozabil @ Rozamujib Bin Abdul Rahman represents 0.03% of the total issued and paid up capital of the Company.

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DESTINI - Changes in Sub. S-hldr's Int. (29B) - DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Company Name	DESTINI BERHAD
Stock Name	DESTINI
Date Announced	6 May 2013
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	CC-130506-1FE0B

Particulars of substantial Securities Holder

Name	DATO’ ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN
Address	11, Persiaran BLM 5, Bandar Laguna Merbok 08000 Sungai Petani, Kedah
NRIC/Passport No/Company No.	720308-07-5363
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary Share of RM0.10 each
Name & address of registered holder	Dato’ Rozabil @ Rozamujib Bin Abdul Rahman 11, Persiaran BLM 5, Bandar Laguna Merbok 08000 Sungai Petani, Kedah

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	30/04/2013	125,700	0.320

Circumstances by reason of which change has occurred	Acquisition of shares via open market transaction.
Nature of interest	Direct
Direct (units)	401,100
Direct (%)	0.11
Indirect/deemed interest (units)	89,000,000
Indirect/deemed interest (%)	24.52
Total no of securities after change	89,401,100
Date of notice	06/05/2013

Remarks :

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GLOBALC - OTHERS GLOBAL CARRIERS BHD - FINANCIAL IRREGULARITIES

Announcement Type: General Announcement

Company Name	GLOBAL CARRIERS BERHAD
Stock Name	GLOBALC
Date Announced	6 May 2013
Category	General Announcement
Reference No	GC-130506-60363

Type	Announcement
Subject	OTHERS
Description	GLOBAL CARRIERS BHD - FINANCIAL IRREGULARITIES
The Board of Directors of Global Carriers Bhd would like to announce that the Company will not be able to issue its Annual Audited Financial Statements for the financial period from 1 January 2012 to 31 December 2012 ("AAFS") by 30 April 2013, i.e within the period not more than 4 months from the close of the financial period from 1 January 2012 to 31 December 2012 ("Relevant Timeframe") pursuant to paragraph 9.23(2) of Bursa Malaysia Securities Berhad ("Bursa") Main Market Listing Requirements ("MMLR"). Pursuant to Paragraph 9.28 (3) of the MMLR, the Board of Directors wishes to announce the following : (a) The reason for failing to issue the outstanding AAFS within the Relevant Timeframe is due to unresolved Significant Audit Queries in the accounts of Global Carriers Bhd Group which were recently brought to the attention of the Audit Committee ('AC") and the Board of Directors when the external auditors expressed concerns that they have not been able to obtain sufficient audit evidence to form an opinion for the purpose of issuance of the AAFS. The AC and the Board have then discussed and met with the external auditors and the Management on the Significant Audit Queries and in view of the likelihood of material misstatement to the financial statements have therefore made a request to Bursa for the suspension of trading of the Company's securities on 7 May 2013. (b) Pursuant to Paragraph 9.28(5) of the MMLR, if listed issuer fails to issue the AAFS within five (5) market days after the expiry of the Relevant Timeframe i.e 6 May 2013, in addition to any enforcement action that Bursa may take, Bursa shall suspend trading in the securities of the Company on the next market day after the expiry of 5 market days from the Relevant Timeframe and the suspension will be uplifted on the next market day following the issuance of the outstanding AAFS unless otherwise determined by Bursa. (c) The suspension on trading will be affected on 7 May 2013 if the Company fails to issue the outstanding AAFS within 5 market days after the expiry of the Relevant Timeframe, namely by 6 May 2013. (d) The Company will issue the AAFS once further information is obtained on the Significant Audit Queries raised by external auditors. The expected date of issuance of the AAFS is on or before 31 May 2013.

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

Announcement Type: General Announcement

Company Name	TIONG NAM LOGISTICS HOLDINGS BERHAD
Stock Name	TNLOGIS
Date Announced	6 May 2013
Category	General Announcement
Reference No	TN-130506-53618

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	TIONG NAM LOGISTICS HOLDINGS BERHAD NEW SUBSIDIARY
The Board of Directors is pleased to announce that Tiong Nam Logistics Solutions Sdn. Bhd. a 100% owned subsidiary of Tiong Nam Logistics Holdings Bhd has on 6 May 2013 entered into a Shares Agreement to acquire 500,000 ordinary shares of RM 1.00 each in cash or equivalent to 50% of the issued and fully paid-up capital of Tiong Nam Allied Container Depot Services Sdn. Bhd. from Mr. Lim Quee Huat @ Lim Cha Lee. The additional information are set out in the attachment below. This announcement is dated 6 May 2013.

Attachments Acquisition of shares.TN Allied.doc 37 KB

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SPSETIA - OTHERS TERMINATION OF THE EXISTING EMPLOYEES’ SHARE OPTION SCHEME (“EXISTING ESOS”) LONG TERM INCENTIVE PLAN (“LTIP”) TO THE ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS (“ELIGIBLE EMPLOYEES”) OF S P SETIA AND ITS SUBSIDIARIES

Announcement Type: General Announcement

Company Name	S P SETIA BERHAD
Stock Name	SPSETIA
Date Announced	6 May 2013
Category	General Announcement
Reference No	C&-130506-61055

Type	Announcement
Subject	OTHERS
Description	TERMINATION OF THE EXISTING EMPLOYEES’ SHARE OPTION SCHEME (“EXISTING ESOS”) LONG TERM INCENTIVE PLAN (“LTIP”) TO THE ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS (“ELIGIBLE EMPLOYEES”) OF S P SETIA AND ITS SUBSIDIARIES
We refer to the previous announcements in relation to the LTIP, which comprises an employee share option scheme (“ESOS”) and an employee share grant plan (“ESGP”). The Board of Directors of S P Setia is pleased to announce that S P Setia has implemented the LTIP with effect from 10 April 2013. Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”), S P Setia has today made the first award of 79.147 million options (“Options”) under the ESOS and 16.255 million new ordinary shares of RM0.75 each of S P Setia (“Shares”) under the ESGP (collectively referred to as “1st Award”) to the Eligible Employees of S P Setia Group, the details of which are set out in the table below.   No. Description ESOS ESGP 1. Date of 1st Award 6 May 2013   2. Exercise Price RM3.08 Not applicable as the Shares will be issued upon vesting to the Eligible Employees at no consideration, upon  achieving applicable performance measurements   3. Number of Options/Shares awarded*   79.147 million Options 16.225 million Shares 4. S P Setia Share Price - volume weighted average price for 5 days prior to the Date of 1st Award RM3.4159   - Closing market price on the Date of 1st Award   RM3.72 5. Vesting period Over 2 to 3 years from the date of 1st Award, commencing from June 2014   Note: * In determining the total number of Options and Shares to be awarded to each Eligible Employee, the LTIP Committee has taken into consideration amongst others, the Eligible Employee’s performance, seniority (denoted by corporate rank), potential for future development and contribution to the success and development of the Group. The total number of Options and Shares awarded includes 9.6 million Options and 0.336 million Shares awarded to Dato’ Voon Tin Yow, Deputy President & Chief Operating Officer and 8.0 million Options and 0.28 million Shares awarded to Dato’ Teow Leong Seng, Executive Director & Chief Financial Officer. No Options and Shares has been awarded to Tan Sri Dato’ Sri Liew Kee Sin, President & Chief Executive Officer, as he has elected not to participate in the LTIP which is a similar approach he adopted during the Existing ESOS as well. Pursuant to Paragraph 9.19(50) of the Listing Requirements and the implementation of the LTIP, we wished to announce that the Company’s existing ESOS which became effective 6 May 2009 (“Existing ESOS”), has been terminated on 10 April 2013. The termination of the Existing ESOS is required prior to the implementation of the LTIP for administrative expediency purpose and the total number of Shares issued pursuant to the exercise of options under the Existing ESOS is 136.56 million. This announcement is dated 6 May 2013.

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