June 26, 2013

Company announcements: OCTAGON, INGRESS, WCT, REX, AKNIGHT

OCTAGON - OTHERS FURTHER CLARIFICATION ON PROPOSED DISPOSAL OF THE ENTIRE EQUITY SHAREHOLDING IN ADVANCED PYROTECH SDN BHD (“APT”), A WHOLLY OWNED SUBSIDIARY OF OCTAGON FOR A CASH CONSIDERATION OF RM30.0 MILLION PURSUANT TO THE REGULARIZATION EXERCISE OF OCTAGON

Announcement Type: General Announcement
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced26 Jun 2013  
CategoryGeneral Announcement
Reference NoOC-130626-5FBA0

TypeAnnouncement
SubjectOTHERS
DescriptionFURTHER CLARIFICATION ON PROPOSED DISPOSAL OF THE ENTIRE EQUITY SHAREHOLDING IN ADVANCED PYROTECH SDN BHD (“APT”), A WHOLLY OWNED SUBSIDIARY OF OCTAGON FOR A CASH CONSIDERATION OF RM30.0 MILLION PURSUANT TO THE REGULARIZATION EXERCISE OF OCTAGON

We refer to our announcements dated 18 and 19 June 2013 (“Announcements”), Bursa Malaysia Securities Berhad’s letter dated 20 June 2013 and our reply dated 21 June 2013 in relation to the above matter.

Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcements.

We wish to provide additional information below for public release.


The full text announcement is enclosed herewith.



This announcement is dated 26 June 2013.

 

Attachments

Octagon_RQ 26June2013.pdf
123 KB



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

Announcement Type: General Announcement
Company NameINGRESS CORPORATION BERHAD  
Stock Name INGRESS  
Date Announced26 Jun 2013  
CategoryGeneral Announcement
Reference NoIC-130626-67876

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionINGRESS CORPORATION BERHAD (“INGRESS” OR “COMPANY”)

CONDITIONAL 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, 6 June 2013, 17 June 2013, 19 June 2013, and 20 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 that the Joint Offerors have received valid acceptances of the Offer in respect of 52,301,704 Ingress Shares, representing 61.97% of Ingress’ issued and paid-up share capital. Accordingly, based on valid acceptances, the Joint Offerors collectively hold 78,576,104 Ingress Shares, representing 93.10% of the issued and paid-up share capital of Ingress.

By virtue of the Joint Offerors having received valid acceptances of not less than nine-tenths (9/10) in the nominal value of the Offer Shares, the Offer has become unconditional.

As stated in Sections 5 and 6 of the Offer Document, the Joint Offerors do not intend to maintain the listing status of Ingress and intend to invoke provisions under Section 222 of the Capital Markets and Services Act, 2007 (“CMSA”) to compulsorily acquire any outstanding Offer Shares for which valid acceptances have not been received under the Offer (“Remaining Offer Shares”). Accordingly, the Joint Offerors will, at any time within two (2) months from the date of this press notice, proceed to exercise their right to compulsorily acquire the Remaining Offer Shares in accordance with the provisions of Section 222 of the CMSA.

In accordance with the terms and condition of the Offer, settlement of the Offer Shares will be effected via remittance in the form of cheque(s), banker’s draft(s) or cashier’s order(s) which will be despatched by ordinary mail to the holders who accept the Offer (“Accepting Holders”) (or their designated agents, as they may direct) at the Accepting Holders’ registered Malaysian address last maintained with Bursa Malaysia Depository Sdn Bhd at their own risk, within ten (10) days from:

(i) 26 June 2013, for valid acceptances that are received during the period when the Offer was still conditional; or

(ii) the date of the valid acceptances, for valid acceptances that are received during the period after 26 June 2013.

In view of the Offer becoming unconditional, the closing date and time for acceptance of the Offer has been extended from 5.00 p.m. (Malaysian time) on Monday, 1 July 2013 to 5.00 p.m. (Malaysian time) on Wednesday, 10 July 2013 (“Final Closing Date”). Notice of the said extension will be posted to the holders of the Offer Shares accordingly.

Save for the Final Closing Date, all other details, terms and condition of the Offer remain unchanged.

This announcement is dated 26 June 2013.


WCT - 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 NameWCT BERHAD  
Stock Name WCT  
Date Announced26 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-130626-E13C1

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPFACT1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (89,881,210 Shares)
Employees Provident Fund Board (1,722,125 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(Amundi)(4,200,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(HDBS)(5,018,895 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) (2,000,050 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Mayban) (2,500,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ALLIANCE) (2,999,500 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (6,657,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (760,000 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (18,106,550 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,200,000 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/06/2013
1,200,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Direct (units)136,045,330 
Direct (%)12.46 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change136,045,330
Date of notice26/06/2013

Remarks :
Form 29B dated 24 June 2013 was received on 26 June 2013.


REX - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameREX INDUSTRY BERHAD  
Stock Name REX  
Date Announced26 Jun 2013  
CategoryGeneral Meetings
Reference NoRI-130626-55666

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting26/06/2013
Time10:00 AM
VenueBalau Room, Level 2, Sunway Hotel Seberang Jaya, No. 11, Lebuh Tenggiri Dua, Pusat Bandar Seberang Jaya, 13700 Prai, Penang.
Outcome of Meeting

The Board of Directors of Rex Industry Berhad is pleased to announce that the Nineteenth Annual General Meeting of the Company duly convened and held on Wednesday, 26 June 2013, the shareholders of the Company have approved all the resolutions put to the Annual Generail Meeting.

This announcement is dated 26 June 2013.



REX - Changes in Sub. S-hldr's Int. (29B) - CHEONG BOO CHIN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREX INDUSTRY BERHAD  
Stock Name REX  
Date Announced26 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoRI-130626-54937

Particulars of substantial Securities Holder

NameCHEONG BOO CHIN
Address139-A, LORONG RAMBUTAN 2, JALAN RAMBUTAN, 11500 AYER ITAM, PENANG.
NRIC/Passport No/Company No.610418-07-5375
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder139-A, LORONG RAMBUTAN 2, JALAN RAMBUTAN,11500 AYER ITAM, PENANG.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired25/06/2013
26,800
0.720 

Circumstances by reason of which change has occurredACQUISITION OF SHARES
Nature of interestDIRECT
Direct (units)2,816,800 
Direct (%)5.025 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change2,843,600
Date of notice26/06/2013


AKNIGHT - Changes in Director's Interest (S135) - See Teck Wah

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameASIA KNIGHT BERHAD  
Stock Name AKNIGHT  
Date Announced26 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCT-130626-53D73

Information Compiled By KLSE

Particulars of Director

NameSee Teck Wah
AddressA924 Lorong Seri Kuantan 4, 25250 Kuantan, Pahang
Descriptions(Class & nominal value)Ordinary Shares of RM1/- each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
24/06/2013
500,000
0.950 
Disposed
24/06/2013
28,000
0.960 
Disposed
24/06/2013
22,000
0.955 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)4,342,912 
Direct (%)9.851 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice26/06/2013


AKNIGHT - Changes in Sub. S-hldr's Int. (29B) - See Teck Wah

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameASIA KNIGHT BERHAD  
Stock Name AKNIGHT  
Date Announced26 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCT-130626-54239

Particulars of substantial Securities Holder

NameSee Teck Wah
AddressA924 Lorong Seri Kuantan 4, 25250 Kuantan, Pahang
NRIC/Passport No/Company No.490831-10-5247
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1/- each
Name & address of registered holderSee Teck Wah
A924 Lorong Seri Kuantan 4,25250 Kuantan, Pahang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed24/06/2013
500,000
0.950 
Disposed24/06/2013
28,000
0.960 
Disposed24/06/2013
22,000
0.955 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Direct (units)4,892,912 
Direct (%)11.1 
Indirect/deemed interest (units)24,336,825 
Indirect/deemed interest (%)55.2 
Total no of securities after change4,342,912
Date of notice26/06/2013

Remarks :
Indirect/deemed interested by virtue of shares held in Pahangply
Holdings Berhad, See Seng Lai & Sons Realty Sdn Bhd, NGE
Leasing & Credit Sdn Bhd, Nanyang Timber Industry Sdn Bhd,
Nanyang General Enterprises Sdn Bhd, Far East Navigation
(Malaysia) Sdn Berhad and See Han Liong.


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