NHFATT - MATERIAL LITIGATION
Company Name | NEW HOONG FATT HOLDINGS BERHAD |
Stock Name | NHFATT |
Date Announced | 14 Jun 2013 |
Category | General Announcement |
Reference No | CC-130614-1F3C7 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | LITIGATION BETWEEN NEW HOONG FATT AUTO SUPPLIES SDN BHD (“NHFAS”) WITH EAGLE EYES AUTO LAMPS CENTRE SDN BHD (“EAGLE EYES”) |
Reference is made to the announcements dated 13 January 2009, 14 April 2010, 15 April 2010 and 11 April 2011 pertaining to the litigation action taken by NHFAS, a wholly-owned subsidiary of New Hoong Fatt Holdings Berhad (“NHFHB”), against Eagle Eyes in respect of Registered Design No. MY 07-00783-0101 (“Litigation”). The Board of Directors of NHFHB wishes to announce that the Litigation had been fully resolved and concluded with Eagle Eyes having paid legal costs due to NHFAS on 13 June 2013. This announcement is dated 14 June 2013. |
MAGNI - Changes in Director's Interest (S135) - Tan Sri Dato' Seri Tan Kok Ping
Company Name | MAGNI-TECH INDUSTRIES BERHAD |
Stock Name | MAGNI |
Date Announced | 14 Jun 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-130614-B845E |
Information Compiled By KLSE
Particulars of Director
Name | Tan Sri Dato' Seri Tan Kok Ping |
Address | 10 Jesselton Road, 10450 Penang |
Descriptions(Class & nominal value) | Ordinary shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 2,000 | 2.040 |
Circumstances by reason of which change has occurred | Open market disposals |
Nature of interest | Direct |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 7,038,627 |
Direct (%) | 6.49 |
Indirect/deemed interest (units) | 15,665,139 |
Indirect/deemed interest (%) | 14.44 |
Date of notice | 14/06/2013 |
MAGNI - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dato' Seri Tan Kok Ping
Company Name | MAGNI-TECH INDUSTRIES BERHAD |
Stock Name | MAGNI |
Date Announced | 14 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-130614-B836F |
Particulars of substantial Securities Holder
Name | Tan Sri Dato' Seri Tan Kok Ping |
Address | 10 Jesselton Road, 10450 Penang |
NRIC/Passport No/Company No. | 461117-71-5053 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | 1) Mayban Nominees (Tempatan) Sdn. Bhd. of 14th Floor, Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur 2) UOB Kay Hian Securities (M) Sdn. Bhd. ("UOB") of 1st Floor, Bangunan Heng Guan, 171 Jalan Burmah, 10050 Penang 3) UOB of 1st Floor, Bangunan Heng Guan, 171 Jalan Burmah, 10050 Penang (Pledged securities account for KP Holdings Sdn. Bhd.) |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 13/06/2013 | 2,000 |
MAGNI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
Company Name | MAGNI-TECH INDUSTRIES BERHAD |
Stock Name | MAGNI |
Date Announced | 14 Jun 2013 |
Category | General Announcement |
Reference No | CC-130614-B8510 |
Type | Announcement | ||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||
Description | Notification of dealings by a Director in the securities of Magni-Tech Industries Berhad ("Magni" or "the Company") during closed period. | ||||||||||||
In accordance with paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Tan Sri Dato' Seri Tan Kok Ping, a Director of Magni had transacted dealings in the securities of Magni during closed period. The details as set out in the Table below. Name of Director : Tan Sri Dato' Seri Tan Kok Ping
This announcement is dated 14 June 2013. |
SMPC - Notice of Shares Buy Back by a Company pursuant to Form 28A
Company Name | SMPC CORPORATION BHD |
Stock Name | SMPC |
Date Announced | 14 Jun 2013 |
Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
Reference No | CC-130611-55424 |
Remarks : |
This announcement is dated 14 June 2013. |
UCHITEC - Notice of Shares Buy Back by a Company pursuant to Form 28A
Company Name | UCHI TECHNOLOGIES BERHAD |
Stock Name | UCHITEC |
Date Announced | 14 Jun 2013 |
Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
Reference No | CP-130613-54122 |
Remarks : |
The amount paid for shares purchased is inclusive of brokerage, stamp duty and clearing house fee. |
KBB - MULTIPLE PROPOSALS
Company Name | KBB RESOURCES BERHAD |
Stock Name | KBB |
Date Announced | 14 Jun 2013 |
Category | General Announcement |
Reference No | OS-130613-C5BC2 |
Type | Announcement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subject | MULTIPLE PROPOSALS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Description | KBB RESOURCES BERHAD (“KBB” OR “COMPANY”) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED RIGHTS ISSUE WITH WARRANTS ; AND (III) PROPOSED AMENDMENT (COLLECTIVELY, REFERRED TO AS “PROPOSALS”) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(All abbreviations used in this announcement are defined in the announcement dated 3 April 2013)
Further to the announcements dated 3 April 2013 and 4 April 2013 in
relation to the Proposals, M&A Securities on behalf of the Board wishes to
announce the following:
(i) the Company had on 13
June 2013 procured irrevocable written undertakings from Dato’ Sri Chin Seak
Huat (“DSCSH”) and Dato’ Sri Navaneethakrishner A/L Kathirgamatamby (“DSNK”),
the directors and substantial shareholders of KBB, to subscribe in full for
their entitlements for the Rights Shares and excess applications of up to
60,000,000 Rights Shares to meet the subscription level under the Minimum
Scenario (“Undertakings”).
The details of the
Undertakings pursuant to the Minimum Scenario are set out in the table below:
The effects of the Undertakings on the substantial shareholders’ shareholdings based on the Minimum Scenario (assuming that none of the Entitled Shareholders subscribed for the Proposed Rights Issue with Warrants) are as follows:
Notes:
(1) Deemed interested pursuant to Section 6A of the Act by virtue of his
spouse shareholdings in the Company.
(2) Deemed interested pursuant to Section 6A of the Act by virtue of her
spouse shareholdings in the Company. (ii) the Board has proposed
to revise the utilisation of proceeds of the Proposed Rights Issue with
Warrants to be as follows:
Based
on the issue price of RM0.18 per Rights Share, the Proposed Rights Issue with
Warrants shall raise gross proceeds of RM10.8 million (under the Minimum
Scenario) and RM21.6 million (under the Maximum Scenario).
The details of the utilisation of
gross proceeds are as follows:
Notes: * The working capital will
be mainly utilised to finance the growth of its existing business which include the
following:
Notes:
(i) Consists of payment for the outstanding
amount due to trade payables including but not limited to sago starch supplier,
corn starch supplier, broken rice supplier and packing materials supplier. (ii) Comprises
labour salaries and benefits.
(iii) Comprises the purchase of raw
materials including broken rice, sago starch, corn starch and tapioca starch.
(iv) Comprises payment for maintenance of
equipment and appliances used in the Group’s production operations and other
production operations related purposes.
# Comprises capital expenditure which may include and but not
limited to purchase of vermicelli cooker, automatic dryer, stainless-steel
trolley, rice washing tank, hammer mill and dewatering machining that comes
with mixing.
^ In the event that the actual expense is less than the
allocated amount, the excess allocated amount shall be utilised as working
capital for the KBB Group.
(iii) the listing application
has been submitted to Bursa Malaysia on 14 June 2013 for the listing of and
quotation for:
(a) Up to 120,000,000 Rights Shares in KBB to be issued pursuant to the
Proposed Rights Issue with Warrants;
(b) Up to 120,000,000 Warrants to be issued
together with the Rights Shares pursuant to the
Proposed Rights Issue with Warrants; and
(c) Up to 120,000,000 new KBB Shares to be
issued pursuant to the exercise of Warrants.
(iv) the application has been
submitted to Bank Negara Malaysia on 14 June 2013 for the issuance of:
(a) Up to 120,000,000 Warrants to the
non-resident shareholders pursuant to the Proposed
Rights Issue with Warrants; and
(b) Any further Warrants to the non-resident shareholders/investors pursuant
to the adjustments in accordance with the terms of the deed poll constituting
the Warrants to be executed.
This announcement is
dated 14 June 2013.
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PWROOT - Changes in Director's Interest (S135) - Dato' How Say Swee
Company Name | POWER ROOT BERHAD |
Stock Name | PWROOT |
Date Announced | 14 Jun 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | C&-130614-F6054 |
Information Compiled By KLSE
Particulars of Director
Name | Dato' How Say Swee |
Address | No 8 Jalan Austin Heights 2/15, Taman Austin Heights, 81100 Johor Bahru |
Descriptions(Class & nominal value) | Ordinary shares of RM0.20 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 55,000 | 2.241 |
Circumstances by reason of which change has occurred | Acquisition of Shares |
Nature of interest | Direct Interest |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 55,993,330 |
Direct (%) | 18.66 |
Indirect/deemed interest (units) | |
Indirect/deemed interest (%) | |
Date of notice | 14/06/2013 |
Remarks : |
a) The above acquisition represented 0.0183% of the total issued and fully paid-up share capital of the Company. b) This announcement serves as an announcement pursuant to paragraph 14.09(a) of the Main Market Listing Requirement dealing outside closed period. |
PWROOT - Changes in Sub. S-hldr's Int. (29B) - Dato' How Say Swee
Company Name | POWER ROOT BERHAD |
Stock Name | PWROOT |
Date Announced | 14 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | C&-130614-F6048 |
Particulars of substantial Securities Holder
Name | Dato' How Say Swee |
Address | No 8 Jalan Austin Heights 2/15, Taman Austin Heights, 81100 Johor Bahru |
NRIC/Passport No/Company No. | 630807-04-5469 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM0.20 each |
Name & address of registered holder | Dato' How Say Swee No 8 Jalan Austin Heights 2/15, Taman Austin Heights, 81100 Johor Bahru |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 11/06/2013 | 55,000 | 2.241 |
Remarks : |
a) The above acquisition represented 0.0183% of the total issue and fully paid-up share capital of the Company |
EWEIN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | EWEIN BERHAD |
Stock Name | EWEIN |
Date Announced | 14 Jun 2013 |
Category | General Announcement |
Reference No | CC-130613-29565 |
Type | Announcement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Description | Pursuant to Paragraph 14.09(a) of the Listing Requirements of Bursa Malaysia Securities Berhad, we have received notification from the following director in relation to Hijauwasa Sdn Bhd's dealings in the warrants of Ewein Berhad:- This announcement is dated 14 June 2013. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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