June 7, 2013

Company announcements: AXIATA, TIGER, LSTEEL

AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced7 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130607-A01B6

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad
-Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB
201-A, Jalan Tun Razak
50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera, Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/06/2013
2,000,000
 

Circumstances by reason of which change has occurredAcquisition of 2,000,000 shares by AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera
Nature of interestDirect
Direct (units)520,515,900 
Direct (%)6.1 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change520,515,900
Date of notice03/06/2013

Remarks :
Form 29B received on 7 June 2013


AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced7 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130607-A2D99

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad
-Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB
201-A, Jalan Tun Razak
50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera, Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/06/2013
1,348,000
 

Circumstances by reason of which change has occurredAcquisition of 1,348,000 shares by AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera
Nature of interestDirect
Direct (units)521,863,900 
Direct (%)6.12 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change521,863,900
Date of notice04/06/2013

Remarks :
Form 29B received on 7 June 2013


AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced7 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130607-A5BDC

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad
-Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB
201-A, Jalan Tun Razak
50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera, Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/06/2013
3,000,000
 

Circumstances by reason of which change has occurredAcquisition of 3,000,000 shares by AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera
Nature of interestDirect
Direct (units)524,863,900 
Direct (%)6.15 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change524,863,900
Date of notice05/06/2013

Remarks :
Form 29B received on 7 June 2013


AXIATA - 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 NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced7 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130607-A8107

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 holder1) Employees Provident Fund Board ("EPF Board")
Ibu Pejabat KWSP, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur

2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board
3) Citigroup EPF Board (AMUNDI)
4) Citigroup EPF Board (KIB)
5) Citigroup EPF Board (HDBS)
6) Citigroup EPF Board (RHB INV)
7) Citigroup EPF Board (AM INV)
8) Citigroup EPF Board (MAYBAN)
9) Citigroup EPF Board (ALLIANCE)
10) Citigroup EPF Board (NOMURA)
11) Citigroup EPF Board (CIMB PRI)
12) Citigroup EPF Board (ARIM)
13) Citigroup EPF Board (TEMPLETON)
14) Citigroup EPF 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)
Acquired04/06/2013
1,541,400
 
Disposed04/06/2013
1,388,000
 
Acquired04/06/2013
1,280,000
 
Disposed04/06/2013
1,270,200
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 1,541,400 shares
2. Citigroup EPF Board (HDBS) - Disposal of 1,388,000 shares
3. Citigroup EPF Board (NOMURA) - Acquisition of 1,280,000 shares
4. Citigroup EPF Board (CIMB PRI) - Disposal of 1,270,200 shares
Nature of interestDirect
Direct (units)1,003,292,206 
Direct (%)11.76 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,003,292,206
Date of notice05/06/2013

Remarks :
1) The total number of 1,003,292,206 ordinary shares comprised of the following:-

a) Citigroup EPF Board - 892,844,406
b) EPF Board - 3,332,900
c) Citigroup EPF Board (AMUNDI) - 4,920,250
d) Citigroup EPF Board (KIB) - 660,000
e) Citigroup EPF Board (HDBS) - 10,022,275
f) Citigroup EPF Board (RHB INV) - 3,000,000
g) Citigroup EPF Board (AM INV) - 12,272,650
h) Citigroup EPF Board (MAYBAN) - 2,250,000
i) Citigroup EPF Board (ALLIANCE) - 2,050,000
j) Citigroup EPF Board (NOMURA) - 37,896,300
k) Citigroup EPF Board (CIMB PRI) - 21,986,225
l) Citigroup EPF Board (ARIM) - 2,650,000
m) Citigroup EPF Board (TEMPLETON) - 4,007,200
n) Citigroup EPF Board (ABERDEEN) - 5,400,000

2) Form 29B received on 7 June 2013


TIGER - Proposed Disposal of the entire issued and paid-up capital in Janavista Sdn. Bhd. ("JSB"), a wholly-owned subsidiary of Tiger Synergy Berhad ("the Company")

Announcement Type: General Announcement
Company NameTIGER SYNERGY BERHAD  
Stock Name TIGER  
Date Announced7 Jun 2013  
CategoryGeneral Announcement
Reference NoCK-130607-4E123

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-130606-29230
SubjectProposed Disposal of the entire issued and paid-up capital in Janavista Sdn. Bhd. ("JSB"), a wholly-owned subsidiary of
Tiger Synergy Berhad ("the Company")
DescriptionTiger Synergy Berhad (“TIGER” or “the Company”)
Proposed Disposal of the entire issued and paid up capital in Janavista Sdn Bhd (“JSB”), a wholly-owned subsidiary of Tiger Synergy Berhad (“the Company”)
Query Letter Contents We refer to your Company's announcement dated 4 June 2013 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

Information on JSB's existing operations or to state so if dormant.
Financial information on JSB including but not limited to, net profits
attributable to JSB and its Net Assets.
The name of Directors of JSB.
The name of the substantial shareholders of BDSB and their respective direct
and indirect shareholdings in BDSB.
The original cost of investment in JSB and the date of incorporation/investment.
The basis justification for arriving at the Disposal Consideration.
The manner in which the consideration will be satisfied including the terms of
any arrangement for payment on deferred basis.
The rationale for the Proposed Disposal.
The expected gains/loss of Proposed Disposal to the Group.
The effect on EPS, NA per share and gearing for the FYE 31 Dec 2013.
The particulars of all liabilities to be assumed by the Purchaser arising from
the Proposed Disposal.
The highest percentage ratio applicable to the transaction pursuant to
paragraph 10.02(g) of the Main Market Listing Requirements.
The salient features of the Agreement. If relevant, to also include clauses in
relation to termination, warranties and indemnity.
The date of the Agreement for the Proposed Disposal.
The risks in relation to the Proposed Disposal.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully



SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

WCY/NM
copy to:- General Manager & Head, Market Surveillance Department, Market
Oversight Division, Securities Commission (via fax)
The Board of Directors of Tiger Synergy Berhad ("TIGER") wishes to refer to the announcement of the Company made on 4 June 2013 (ref. No.CK-130604-5AEB5) pertaining to the above matter and wish to furnish herewith the following information to the Exchange:-
1. Information on JSB’s existing operation or to state so if dormant.

      JSB is whole-owned by Goldenier Property Management Sdn Bhd which in turn is 100% owned by Tiger Synergy Berhad. JSB is not a major subsidiary. The 25 units of
      3 Storey Terrace Houses in Pantai Avenue project undertaken by JSB was completed in March 2013 and there is no future property development

      2. Financial information on JSB including but not limited to, net profits attributable to JSB and its Net Assets.
      The accumulated net loss for JSB is RM3,129,082 with capital deficiency of RM2,129,082.

    3. The name of Directors of JSB
      Dato’ Tan Wei Lian and Tan Lee Chin
    4. The name of the substantial shareholders of BDSB and their respective direct and indirect shareholdings in BDSB

      Cheok Chen Nam – 1 share of RM1.00
      Wong Kiew – 1 share of RM1.00
    5.The original cost of investment in JSB and the date of incorporation/investment.

      The original cost of investment for JSB is RM8,175,000.00 and the date of investment is on 19 December 2006.
6. The basis justification for arriving at the Disposal Consideration

      The Disposal Consideration was arrived at on a “willing buyer willing seller” basis after taking into consideration;

      (a) Losses incurred by the operations and business of JSB; and

      (b) The litigation suits which may incur further losses to the Company;


    7. The manner in which the consideration will be satisfied including the terms of any arrangement for payment on deferred basis.
      The consideration is satisfied via cash upon the execution of the Sale Share Agreement

      8. The rational for the proposed Disposal

      The Proposed Disposal is in the best interest of the Company after taking into consideration of the losses incurred by the operations and business of JSB ,the litigation
      suits which may incur further losses and the gain of RM2,130,082.00 to the group on consolidated basis.
    9. The expected gain/loss of Proposed Disposal to the Group.
      The expected gains of proposed disposal is RM2,130,082 to the Group on consolidated basis
    10. The effect on the EPS, NA per share and gearing for the FYE 31 Dec 2013

There is no effects on EPS, NA per share and gearing for FYE 31 Dec 2013

      11. The particulars of all liabilities to be assumed by the Purchaser arising from the Proposed Disposal

No loans or debts to be assumed by the Purchaser other than the liabilities of debts which have arisen in the ordinary course of business
    12. The highest percentage ratio applicable to the transaction pursuant to paragraph 10.02(g) of the Main Market Listing Requirements

      The highest percentage ratio applicable to the transaction is 0.00144%
    13. The salient features of the Agreement. If relevant, to also include clauses in relation to termination, warranties and indemnity.
Transfer of Sale Shares

Subject to the terms and conditions of this Agreement:-


      the Vendor shall upon signing of this Agreement, sell and transfer to the Purchaser, the Sale Shares free from all Encumbrances and together with all rights and benefits attaching or accruing thereto

      Consideration

Purchase Consideration


The Purchase Consideration payable for the sale, purchase and transfer of the Sale Shares is set out in Schedule 1 hereto and is arrived at on a willing buyer – willing seller basis.


Payment of Purchase Consideration


The Purchase Consideration shall be paid by the Purchaser in cash upon the execution of the Share Sale Agreement.


Handing Over of Documents


Upon execution of this Agreement, the following shall take place concurrently:


      The Vendor shall deliver to the Purchaser the following unless the same shall have already been delivered;

        i) all the share certificate for the Sale Shares;

        ii) duly executed (by the Vendor), but undated and unstamped, all the Forms of Transfer of Securities (Form 32A) in respect of the Sale Shares;


        iii) a Board resolution in accordance with the Memorandum and Articles of Association of each Company approving the transfer of the Sale Shares from the vendor to the Purchaser and the registration of the Purchaser as the holder of the Sale Shares in the books of each Company;


        iv) resignation of all existing directors, auditor(s) and company secretary without any claim for any remuneration;


        v) resolution approving appointment of new directors; and


        vi) letter of waiver of pre-emption right.





      The Vendor shall deliver to the Purchaser the following or cause, procure and ensure that the same is in the possession and control of each Company:

        i) all licences, permits and authorisations issued to the Company;


        ii) the following property and records of the Company:



          The certificate of incorporation;

          the common seal and any other seals;

          minute books of directors’ and shareholders’ meetings;

          copies of the Memorandum and Articles of Association;

          registers of members, directors, charges and any other statutory registers, fully entered up to the 03.06.2013.

          cheques books, deposit books, bank statements and other banking books and records; and

          the financial accounting and business records including taxation returns, assessments and all other documents and records relating to its business, assets, liabilities and affairs.

      Representations and Warranties
          With the exception of the loans, debts and securities particulars of which have been disclosed in writing to the Purchase or which are agreed to be discharged prior to the Completion Date, there are:-
          no loans made by JSB to the Vendor and/or any director of JSB and/or any person connected with any of them or to any member to JSB;

          no debts owing to JSBby the Vendor and/or any director of JSB and/or such persons as aforesaid or by any member of JSB;

          no liabilities or debts owing by JSBother than the liabilities of debts which have arisen in the ordinary course of business; and
          no securities for any such loans or debts as aforesaid.
      There are no existing contracts or engagements to which JSBis a party and in which any director and/or any person connected with any of them are interested other than in the ordinary course of business.

    14. The date of the Agreement for the Proposed Disposal

      3 June 2013
    15. The risks in relation to the Proposed Disposal

      There is no risk to be assumed by the Company in relation to the Proposed Disposal.

      This announcement is dated 7 June 2013



LSTEEL - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameLEADER STEEL HOLDINGS BERHAD  
Stock Name LSTEEL  
Date Announced7 Jun 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130607-4A004

Date of buy back06/06/2013
Description of shares purchasedOrdinary
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)5,000
Minimum price paid for each share purchased ($$)0.285
Maximum price paid for each share purchased ($$)0.285
Total consideration paid ($$)1,455.43
Number of shares purchased retained in treasury (units)5,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)39,200
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.004


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