May 14, 2013

Company announcements: HBGLOB, CENSOF, PARKSON, AXIATA, PJI, SALCON, MAHSING

HBGLOB - OTHERS HB GLOBAL LIMITED (formerly known as Sozo Global Limited) (“HB” or “the Company”) - Appointment of Special Auditor

Announcement Type: General Announcement
Company NameHB GLOBAL LIMITED  
Stock Name HBGLOB  
Date Announced14 May 2013  
CategoryGeneral Announcement
Reference NoCC-130514-B6355

TypeAnnouncement
SubjectOTHERS
DescriptionHB GLOBAL LIMITED (formerly known as Sozo Global Limited) (“HB” or “the Company”)
- Appointment of Special Auditor

Reference is made to the Company’s announcements dated 8 May 2013 and 10 May 2013 respectively.

The Board of Directors of HB Global Limited (formerly known as Sozo Global Limited) (“HB” or “the Company”) wishes to announce that Bursa Malaysia Securities Berhad had agreed to grant an extension of time up to 17 May 2013 for the Company to finalise the appointment of Special Auditors.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 14 May 2013.



CENSOF - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameCENSOF HOLDINGS BERHAD  
Stock Name CENSOF  
Date Announced14 May 2013  
CategoryGeneral Announcement
Reference NoMI-130514-67617

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionCENSOF HOLDINGS BEHAD ("CENSOF" OR THE "COMPANY")

PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES ("RCN") WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM100.0 MILLION ("PROPOSED RCN ISSUE")

On behalf of the Board of Directors of Censof (the "Board"), Kenanga Investment Bank Berhad ("KIBB") wishes to announce that the Company has, on 14 May 2013, entered into a conditional subscription agreement ("Subscription Agreement") with Advance Opportunities Fund (the "Subscriber") for the Proposed RCN Issue.

Further details on the Proposed RCN Issue are set out in the attachment.

This announcement is dated 14 May 2013.

Attachments

CENSOF - Proposed RCN.pdf
75 KB



PARKSON - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan) ("KWAP")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced14 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPH-130514-E5A84

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan) ("KWAP")
AddressAras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/05/2013
68,300
 

Circumstances by reason of which change has occurredPurchase of shares in open market by KWAP's Fund Manager
Nature of interestIndirect
Direct (units)54,904,109 
Direct (%)5.07 
Indirect/deemed interest (units)1,624,145 
Indirect/deemed interest (%)0.15 
Total no of securities after change56,528,254
Date of notice13/05/2013


AXIATA - OTHERS AXIATA GROUP BERHAD ("AXIATA") - ACQUISITION OF SKY TELEVISION AND RADIO NETWORK (PRIVATE) LIMITED

Announcement Type: General Announcement
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced14 May 2013  
CategoryGeneral Announcement
Reference NoAG-130514-B748A

TypeAnnouncement
SubjectOTHERS
DescriptionAXIATA GROUP BERHAD ("AXIATA") - ACQUISITION OF SKY TELEVISION AND RADIO NETWORK (PRIVATE) LIMITED
INTRODUCTION

Following the notification by Dialog Axiata PLC (“
Dialog”) to the Colombo Stock Exchange ("CSE") on 13 May 2013, we are pleased to announce that Dialog Broadband Networks (Private) Limited (“DBN”), a wholly owned subsidiary of Dialog which in turn is a 84.97% subsidiary of Axiata had, on 13 May 2013, completed the acquisition of Sky Television and Radio Network (Private) Limited (“Sky”) (“Acquisition of Sky”).
INFORMATION ON THE COMPANIES

Dialog

Dialog was incorporated in August 1993 and commenced operations in 1995. The stated capital of Dialog is LKR28,103,913,435. Dialog, listed on the CSE, is the largest mobile telecommunications service provider in Sri Lanka supporting over 7.8 million subscribers and operating 2.5G, 3/3.5G and 4G mobile communications networks supporting the very latest in multimedia and mobile internet services. In April 2013, Dialog secured the distinction of becoming the first service provider in South Asia to launch mobile 4G FD-LTE services. Dialog was also the first service provider in South Asia to launch 3G services in 2006. Dialog also provides a comprehensive suite of International Roaming Services across a global footprint comprising of more than 200 countries, and operates a wide portfolio of international telecommunication services, including but not limited to retail and wholesale international voice and data services. Dialog supplements its market leading position in the Mobile Telecommunications sector with a robust footprint and market presence in Sri Lanka’s Fixed Telecommunications and Digital Television markets through its fully owned subsidiaries DBN and Dialog Television (Private) Ltd. Furthermore in the pursuit of achieving Leadership in Digital Services, Dialog Group has ventured into digital commerce space by acquiring a strategic stake in the biggest daily deal site in Sri Lanka which will provide a platform for all of Dialog’s Digital Services driven predominantly by digital commerce, digital money and digital advertising, which is currently at a nascent stage.


DBN

DBN was incorporated in 1993, and is Sri Lanka’s second largest Fixed Telecommunications provider. DBN serves residential and enterprise customers with voice, broadband, lease lines and customized telecommunication services. DBN has the distinction of being the first telecommunications operator in Sri Lanka to launch 4th Generation LTE High Speed Broadband Services. DBN is also a leading provider of Radio and Optical Fibre based transmission infrastructure facilities.

Sky

Sky was incorporated on 13 June 2006 and is a licensed Pay Television Operator, currently in possession of spectrum allocations in the 2.3GHz spectrum band, assigned to the company by the Telecommunications Regulatory Commission of Sri Lanka ("TRCSL"). The stated capital of Sky is currently LKR46,052,375 comprising 11,640 fully paid ordinary shares.

SALIENT TERMS OF THE SHARE PURCHASE AGREEMENT (“SPA”)

Under the SPA entered into by DBN with the shareholders of Sky, namely Mr. Nihal Hettiarachchi, Mrs. Sahida Hettiarachchi, Serendib Green (Private) Limited and Infotainment (Private) Limited, the acquisition by DBN of the entire equity stake in Sky is to be paid at a consideration of LKR800 million (equivalent to USD6.35 million). Upon completion of the SPA, steps will be taken to amalgamate Sky with DBN.

RATIONALE FOR THE ACQUISITION OF SKY

The Acquisition of Sky is centered on the spectrum assets currently under its possession in the 2.3 GHz spectrum band (“Spectrum Assets”) assigned by TRCSL for the provision of pay television services. The 2.3GHz spectrum band has been adopted globally for the provision of LTE Services and more importantly, DBN’s 15MHz based fixed LTE service launched in December 2012 which is within the said band. The acquisition of the Spectrum Assets in the same band, would enable DBN to expand its fixed LTE service resulting in expansion of its high speed broadband delivery capacity via LTE technology.

SOURCES OF FUNDS

The Acquisition of Sky will be undertaken wholly in cash which will be funded through internally generated funds.

FINANCIAL EFFECTS

The Acquisition of Sky does not have any effect on the issued and paid-up share capital of Axiata and is not expected to have any material effect on the earnings, gearings and Net Assets of the Axiata Group for the financial year ending 31 December 2013.

APPROVALS OF SHAREHOLDERS AND AUTHORITIES

The Acquisition of Sky is not subject to the approval of the shareholders of Axiata.

DBN has received the approval of the TRCSL on the Acquisition of Sky and its amalgamation with DBN along with the Spectrum Assets. TRCSL has also granted approval for the re-deployment of the Spectrum Assets for the purpose of expanding the broadband services delivered via LTE technology.

DIRECTORS’ AND MAJOR/SUBSTANTIAL SHAREHOLDERS’ INTEREST

None of the directors and major shareholders of Axiata and/or persons connected to them have any interest direct and/or indirect in the Acquisition of Sky.

This announcement is dated 14 May 2013.



PJI - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NamePJI HOLDINGS BERHAD  
Stock Name PJI  
Date Announced14 May 2013  
CategoryGeneral Announcement
Reference NoMM-130513-62190

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionPJI HOLDINGS BERHAD (“PJI” OR “COMPANY”)

(I) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
(II) PROPOSED M&A AMENDMENTS;
(III) PROPOSED CHANGE OF NAME; AND
(IV) PROPOSED ESOS

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

On behalf of the Board of Directors of the Company (“Board”), Public Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:

(i) proposed increase in the authorised share capital of the Company from RM100,000,000 comprising 1,000,000,000 ordinary shares of RM0.10 each to RM500,000,000 comprising 5,000,000,000 ordinary shares of RM0.10 each (“Proposed Increase in Authorised Share Capital”);

(ii) proposed amendments to the Memorandum and Articles of Association of the Company (“M&A”) to facilitate the Proposed Increase in Authorised Share Capital and the Proposed ESOS (“Proposed M&A Amendments”);

(iii) proposed change of name from PJI Holdings Berhad to YFG Berhad (“Proposed Change of Name”); and

(iv) proposed establishment of an employee share option scheme (ESOS”) of up to fifteen percent (15%) of the prevailing issued and paid-up share capital of the Company (excluding treasury shares) for the eligible employees and directors (including Directors) of the Company and its subsidiaries (“Proposed ESOS”), who meet the criteria of eligibility for participation in the ESOS as set out in the by-laws containing the rules, terms and conditions of the ESOS.

The full text of the announcement pertaining to the Proposals is attached herein.

This announcement is dated 14 May 2013.

Attachments

Announcement.pdf
443 KB



SALCON - OTHERS SALCON BERHAD ("SALCON”) - OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

Announcement Type: General Announcement
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced14 May 2013  
CategoryGeneral Announcement
Reference NoCK-130514-61394

TypeAnnouncement
SubjectOTHERS
DescriptionSALCON BERHAD ("SALCON”)
- OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Salcon wishes to announce that it has offered options to eligible employees and Directors under its ESOS, the details of which are as follows:-

1. Date of offer: 14 May 2013

2. Exercise price of options offered: RM0.50

3. Number of options offered: 34,107,950

4. Market price of Salcon shares on the date of the offer: RM0.555

5. Number of options offered to Directors of Salcon:

Name of Directors

Number of options offered

Dato’ Seri (Dr.) Goh Eng Toon

800,000

Tan Sri Dato’ Tee Tiam Lee

1,500,000

Dato’ Leong Kok Wah

1,500,000

Dato’ Dr. Freezailah bin Che Yeom

500,000

Ho Tet Shin

500,000

Dato’ Choong Moh Kheng

500,000

6. Vesting period of options offered: None



MAHSING - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced14 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMS-130514-C17F5

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan) ["KWAP"]
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang, 55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/05/2013
100,000
 
Disposed06/05/2013
232,800
 
Acquired07/05/2013
388,000
 

Circumstances by reason of which change has occurredAcquisition and disposal of shares by KWAP and its fund manager
Nature of interestDirect
Direct (units)67,777,266 
Direct (%)6.043 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change67,777,266
Date of notice13/05/2013

Remarks :
Form 29B received on 15 May 2013


No comments:

Post a Comment