June 17, 2013

Company announcements: KINSTEL, CNI, AEONCR, IJMLAND, TROP, PARKSON, INGRESS, ACOSTEC, CAMRES

KINSTEL - Changes in Sub. S-hldr's Int. (29B) - Dato' Hong Thian Hock

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced17 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130617-60036

Particulars of substantial Securities Holder

NameDato' Hong Thian Hock
AddressNo. 58, Lorong Kubang Buaya 54
25250 Kuantan, Pahang Darul Makmur
NRIC/Passport No/Company No.530612-06-5007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderKenanga Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Perniagaan Kin Kee Sdn Bhd)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed12/06/2013
1,500,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect
Direct (units)1,438,400 
Direct (%)0.14 
Indirect/deemed interest (units)364,219,255 
Indirect/deemed interest (%)34.97 
Total no of securities after change365,657,655
Date of notice17/06/2013

Remarks :
Deemed interest by virtue of his shareholdings in Kin Kee Metal Sdn Bhd and Perniagaan Kin Kee Sdn Bhd which the latter is the major shareholder of Kin Kee Holdings Sdn Bhd and Kin Kee Hardware Sdn Bhd, and his indirect interest held through his child.

The indirect interest of 364,219,255 shares comprises the following:

i. 2,970,000 shares held by Kin Kee Metal Sdn Bhd;
ii.18,650,000 shares held by Kin Kee Hardware Sdn Bhd;
iii. 65,000 shares held by Hong Ching Pheng;
iv. 41,490,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Perniagaan Kin Kee Sdn Bhd);
v. 75,300,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd);
vi. 222,744,255 shares held by OSK Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd); and
vii. 3,000,000 shares held by Kin Kee Holdings Sdn Bhd.


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

Announcement Type: General Announcement
Company NameCNI HOLDINGS BERHAD  
Stock Name CNI  
Date Announced17 Jun 2013  
CategoryGeneral Announcement
Reference NoCH-130617-61315

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionCNI HOLDINGS BERHAD (181758-A) (“CNI” OR THE “COMPANY”)
NOVATION AGREEMENT BETWEEN RESTORAN OVERSEA JV (INTERNATIONAL) SDN BHD (FORMERLY KNOWN AS RESTORAN OVERSEA JV (SINGAPORE) SDN BHD) (906990-M), CNI GLOBAL (MALAYSIA) SDN BHD (FORMERLY KNOWN AS REGAL EFFECT SDN BHD) (722825-A), INFUSO SDN BHD (762344-T) AND TUNAS CITARASA SDN BHD (977146-U)

The term used herein, unless the contexts otherwise states, shall bear the same meaning as those defined in the announcement dated 18 May 2012 in relation to the Joint Venture Cum Shareholders Agreement between ROJV, Regal and TCSB (“the JV Agreement”).

The Board of Directors of CNI wishes to announce that CNI Global (Malaysia) Sdn Bhd (formerly known as Regal Effect Sdn Bhd) (“Regal”) and Infuso Sdn Bhd (“Infuso”), wholly-owned subsidiary companies of the Company had on 17 June 2013 entered into a Novation Agreement (“Agreement”) with Restoran Oversea JV (International) Sdn Bhd (formerly known as Restoran Oversea JV (Singapore) Sdn Bhd) (“ROJV”) and Tunas Citarasa Sdn Bhd (“TCSB”) for the purpose of novating absolutely in favour of Infuso all the rights, interest, obligations and liabilities under the JV Agreement upon the terms and subject to the conditions contained in the Agreement.

Please refer to the attachment for full text of the announcement.

Attachments

Novation Agreement.pdf
146 KB



AEONCR - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced17 Jun 2013  
CategoryChange in Boardroom
Reference NoCC-130613-56474

Date of change19/06/2013
NameMasanori Kosaka
Age56
NationalityJapanese
Type of changeAppointment
DesignationDirector
DirectorateNon Independent & Non Executive
QualificationsKyoto Sangyo University (Kyoto, Japan) 
Working experience and occupation April 2013
Managing Director, AEON Credit Holdings (Hong Kong) Co., Ltd.

March 2012
President, AEON Insurance Service Co., Ltd.

April 2011
Director and Head of Business Development Division, AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd)

March 2002
Managing Director, AEON Credit Service (Asia) Co., Ltd.

February 2001
Director and Head of Internal Audit Division, AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd)

February 2000
Director and Head of Business Planning Division, AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd)

May 1999
Director and Head of Human Resources and Administration Division, AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd)

February 1998
Director and Head of Customer Service Division, AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd)

May 1996
Director, AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd)

February 1996
Division Head of Business Planning Division, AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd)

February 1993
Senior Manager, AEON Credit Service (Asia) Co., Ltd., one of the subsidiaries of AEON Credit Service Co., Ltd. (now known as AEON Financial Service Co., Ltd) in Hong Kong.

June 1981
Officer, AEON Credit Service Co., Ltd.(now known as AEON Financial Service Co., Ltd), the company which operates credit card business in Japan.

March 1979
Officer, AEON Co., Ltd., the company which operates supermarket in Japan. 
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 


IJMLAND - Changes in Sub. S-hldr's Int. (29B) - Government of Singapore Investment Corporation Pte Ltd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIJM LAND BERHAD  
Stock Name IJMLAND  
Date Announced17 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIL-130617-B6583

Particulars of substantial Securities Holder

NameGovernment of Singapore Investment Corporation Pte Ltd
Address168 Robinson Road, #37-01 Capital Tower, Singapore 068912
NRIC/Passport No/Company No.2265/81
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary Shares of RM1 Each
Name & address of registered holderCartaban Nominees (Asing) Sdn Bhd, No. 2, Jalan Ampang, 50450 Kuala Lumpur, Malaysia

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/06/2013
5,870
 

Circumstances by reason of which change has occurredTransaction of securities
Nature of interestDirect
Direct (units)80,505,870 
Direct (%)5.559 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change80,505,870
Date of notice17/06/2013

Remarks :
Re : Form 29B dated 17 June 2013.


IJMLAND - 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 NameIJM LAND BERHAD  
Stock Name IJMLAND  
Date Announced17 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIL-130617-00C28

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.Not Applicable
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 Each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd, 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)
Acquired12/06/2013
1,016,900
 

Circumstances by reason of which change has occurredTransaction of securities
Nature of interestDirect
Direct (units)77,607,800 
Direct (%)5.358 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change77,607,800
Date of notice17/06/2013

Remarks :
Re : Form 29B dated 13 June 2013.


TROP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced17 Jun 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoDC-130617-49A25

Date of buy back17/06/2013
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)803,000
Minimum price paid for each share purchased ($$)1.870
Maximum price paid for each share purchased ($$)1.890
Total consideration paid ($$)1,511,342.36
Number of shares purchased retained in treasury (units)15,936,800
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)15,936,800
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 (%)1.67

Remarks :
Tropicana Corporation Berhad (formerly known as Dijaya Corporation Berhad) ("TCB" or "the Company") had at the Extraordinary General Meeting held on 15 March 2013 obtained the authority from the Company’s shareholders to purchase its own shares.


PARKSON - OTHERS Incorporation of a Subsidiary

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced17 Jun 2013  
CategoryGeneral Announcement
Reference NoPH-130617-A3445

TypeAnnouncement
SubjectOTHERS
DescriptionIncorporation of a Subsidiary
The Board of Directors of Parkson Holdings Berhad (the “Company”) wishes to announce that Shanghai Lion Parkson Investment Consultant Co., Ltd. (“Shanghai Lion Parkson”), a wholly-owned subsidiary of Parkson Retail Group Limited (“Parkson Retail”), which in turn is a 51.53% owned subsidiary of the Company and listed on The Stock Exchange of Hong Kong Limited had on 14 June 2013, received the Business Licence of Shanghai Shi Jie Fashions Co., Ltd ("Shanghai Shi Jie"), following its incorporation by Shanghai Lion Parkson in the People’s Republic of China on 28 May 2013. Shanghai Shi Jie is wholly-owned by Shanghai Lion Parkson.
Consequent thereupon, Shanghai Shi Jie became a wholly-owned subsidiary of Parkson Retail and hence, a subsidiary of the Company.

Shanghai Shi Jie will have a registered capital of Rmb10 million (equivalent to RM5 million) and will be principally involved in retail operation.

The incorporation of Shanghai Shi Jie does not have a material impact on the earnings of the Group for the financial year ending 30 June 2013 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2012.

(For the purpose of this announcement, the exchange rate of Rmb1.00: RM0.50 is assumed).


INGRESS - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameINGRESS CORPORATION BERHAD  
Stock Name INGRESS  
Date Announced17 Jun 2013  
CategoryGeneral Announcement
Reference NoIC-130617-64468

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionCONDITIONAL TAKE-OVER OFFER BY RAMDAWI SDN BHD, DATUK RAMELI BIN MUSA AND DATO’ DR. AB WAHAB BIN ISMAIL (COLLECTIVELY, THE “JOINT OFFERORS”) THROUGH MAYBANK INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN INGRESS NOT ALREADY OWNED BY THE JOINT OFFERORS (“OFFER SHARES”) FOR A CASH OFFER PRICE OF RM1.85 PER OFFER SHARE (“OFFER”)
We refer to our announcements dated 16 April 2013, 7 May 2013, 22 May 2013 and 6 June 2013 in relation to the Offer and the offer document dated 7 May 2013 which sets out the details, terms and condition of the Offer (“Offer Document”).
We wish to announce that the Company has today received the attached press notice from Maybank IB, on behalf of the Joint Offerors, informing the Company that there will be no revision to the offer price made to the Offer. As such, all other details, terms and condition of the Offer remain unchanged.

This announcement is dated 17 June 2013.


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

Announcement Type: General Announcement
Company NameACOUSTECH BERHAD  
Stock Name ACOSTEC  
Date Announced17 Jun 2013  
CategoryGeneral Announcement
Reference NoCK-130617-62269

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionAcoustech Berhad
- Proposed Disposal of Manufacturing Assets by a Subsidiary, Formosa Prosonic Equipment Sdn Bhd

1. INTRODUCTION

The Board of Directors of Acoustech Berhad (“the Company”) wishes to announce that its subsidiary, Formosa Prosonic Equipment Sdn Bhd (“FPEQ”), had on 17 June 2013 accepted an offer from Crystal Mountain International Limited of Room 610 Winfield Commercial Building, 6-8A Part Avenue, Tsimshatsui, Kowloon, Hong Kong (“CMIL”), via a Letter of Intent to acquire FPEQ’s entire operating assets situated in Port Klang (excluding inventories, land and building) on an as-is-where-is basis (“Manufacturing Assets”) for a Consideration of USD2 million (equivalent to RM6.2 million). (“Proposed Disposal”)

Upon completion of the above transaction, FPEQ shall cease its operation in the manufacture of water dispensers and with the existing operating assets and employees in place, CMIL would continue with FPEQ’s manufacturing activity in Port Klang.

2. SALIENT TERMS OF THE LETTER OF INTENT

2.1 Comprehensive Asset Purchase Agreement

The parties agreed to execute a Comprehensive Asset Purchase Agreement within 45 days from the date of acceptance of the aforesaid offer by FPEQ with detailed terms and conditions to be mutually agreed. The said Agreement is anticipated to address, amongst others, the following matters:-

(i) CMIL shall rent from FPEQ the manufacturing factory with a built up area of approximately 41,400 square feet at a rental of RM0.80 per square foot, with the option of renting further manufacturing area of 13,773 square feet which was currently occupied by another subsidiary of Acoustech Berhad;

(ii) CMIL shall be given the first right of refusal to purchase the land and building at a price to be negotiated in future;

(iii) Obligations on non-competition for agreed duration;

(iv) Production orders, customer and supplier contract requirements and obligations;

(v) Employee transfer and retention;

(vi) Intellectual property rights – in particular the “IGO” trade name; and

(vii) Regulatory compliance and such other matters as may be mutually agreed.

2.2 Details of Consideration

The Consideration would be subject to adjustment in accordance with the final list of functioning Manufacturing Assets and shall be payable in the following manner:-

(i) A refundable deposit of 10% of the Consideration amounting to USD200,000 (equivalent to RM620,000) paid to the solicitors of FPEQ as stakeholders; and

(ii) The balance of the Consideration would be settled by CMIL on or before 30 August 2013.

3. APPROVALS FOR THE TRANSACTION

The Proposed Disposal is not subject to the approval of the shareholders of the Company or any other authorities.

4. STATEMENT BY DIRECTORS

The Board of Directors of Acoustech Berhad is of the opinion that the above transaction is in the best interest of the Group.

5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST

None of the Directors, Major Shareholders of the Company and/or persons connected to the Directors and/or Major Shareholders has any interest, direct or indirectly in the Proposed Disposal.

Further details of the Proposed Disposal will be announced upon the execution of the Comprehensive Asset Purchase Agreement between CMIL and FPEQ.

This announcement is dated 17 June 2013.



CAMRES - Changes in Director's Interest (S135) - Hia Wan Kiga

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameCAM RESOURCES BERHAD  
Stock Name CAMRES  
Date Announced17 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCR-130617-9C41E

Information Compiled By KLSE

Particulars of Director

NameHia Wan Kiga
AddressLot 2900, Batu 4,
Jalan Maharajalela,
36000 Teluk Intan,
Perak Darul Ridzuan
Descriptions(Class & nominal value)Ordinary share of RM0.25 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
13/06/2013
2,236,206
 

Circumstances by reason of which change has occurredAcquisition - Off Market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)24,149,259 
Direct (%)13.63 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice17/06/2013


No comments:

Post a Comment