PW - Annual Report 2012
| Company Name | PW CONSOLIDATED BHD |
| Stock Name | PW |
| Date Announced | 3 Jun 2013 |
| Category | Document Receipt |
| Reference No | JM-130603-62546 |
| Annual Report for Financial Year Ended | 31/12/2012 |
| Subject | Annual Report 2012 |
STONE - Changes in Director's Interest (S135) - HWANG TECK SENG
| Company Name | STONE MASTER CORPORATION BERHAD |
| Stock Name | STONE |
| Date Announced | 3 Jun 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | SM-130603-44124 |
Information Compiled By KLSE
Particulars of Director
| Name | HWANG TECK SENG |
| Address | 69, Persiaran Rapat Baru 4 Medan Lapangan Lagenda 31350 Ipoh Perak Darul Ridzuan |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 654,881 | 0.400 |
| Circumstances by reason of which change has occurred | Off-Market Transaction |
| Nature of interest | Direct |
| Consideration (if any) | RM0.40 |
Total no of securities after change | |
| Direct (units) | 0 |
| Direct (%) | 0 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 31/05/2013 |
STONE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | STONE MASTER CORPORATION BERHAD |
| Stock Name | STONE |
| Date Announced | 3 Jun 2013 |
| Category | General Announcement |
| Reference No | SM-130603-4411A |
| Type | Announcement |
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD |
| Description | Pursuant to Paragraph 14.09 of the Main Market Listing Requirements, Stone Master Corporation Berhad ("the Company") wishes to inform that the Company has received notification on 31st May 2013 from Mr Hwang Teck Seng, one of the Executive Directors of the Company, in relation to his dealings in the securities of the Company on 30th May 2013 as follows : Name of Registered Holder : Hwang Teck Seng Class & Nominal Value : Ordinary shares of RM0.50 each Type of Transaction/Dealings : "Off-Market Transaction" Units Disposed : 654,881 Date of Change/Disposal : 30th May 2013 Nature of Interest : Direct interest Total No. of Securities and Percentage held before change : 654,881 (1.56%) Total No. of Securities and Percentage held after change : - NIL - Date of Notice : 31st May 2013 This Announcement is dated 31st day of May 2013. |
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SAMUDRA - Changes in Director's Interest (S135) - Leong Chee Keong
| Company Name | KEJURUTERAAN SAMUDRA TIMUR BERHAD |
| Stock Name | SAMUDRA |
| Date Announced | 3 Jun 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CS-130603-646FA |
Information Compiled By KLSE
Particulars of Director
| Name | Leong Chee Keong |
| Address | No. 5, Jalan Manisan Satu, Bukit Indah, 58200 Kuala Lumpur, Wilayah Persekutuan |
| Descriptions(Class & nominal value) | Warrants |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 50,000 | 0.174 |
| Circumstances by reason of which change has occurred | Acquisition of Warrants |
| Nature of interest | Direct |
| Consideration (if any) | RM8,786.61 |
Total no of securities after change | |
| Direct (units) | 150,000 |
| Direct (%) | 0.21 |
| Indirect/deemed interest (units) | 52,500 |
| Indirect/deemed interest (%) | 0.07 |
| Date of notice | 03/06/2013 |
| Remarks : |
| Balance of Warrants Direct Interest:- 150,000 Indirect Interest: Prima Utama Holdings Sdn. Bhd.- 40,000 Chim Yee Mei - 12,500 (Deemed interested by virtue of his interest in Prima Utama Holdings Sdn. Bhd. pursuant to Section 6A(4) of the Act and through the shareholdings of his spouse, Madam Chim Yee Mei pursuant to Section 134(12)(c) of the Act.) This announcement is also made pursuant to Paragraph 14.09 of Bursa Malaysia Securities Berhad Main Market Listing Requirements for dealing in listed securities outside closed period. The number of warrants involved in dealing are 50,000 (0.07% of the total issued warrants of Kejuruteraan Samudra Timur Berhad). |
ADVENTA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
| Company Name | ADVENTA BERHAD |
| Stock Name | ADVENTA |
| Date Announced | 3 Jun 2013 |
| Category | General Announcement |
| Reference No | CS-130603-5A360 |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | ADVENTA BERHAD ("ADVENTA" OR "THE COMPANY") - MONTHLY UPDATE ON THE STATUS OF THE COMPANY'S REGULARISATION PLAN PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("PN17") |
The Board of Directors of Adventa wishes to inform that there has been no material development since the announcement made previously on 2 May 2013. Premised on the First Announcement, the Company is required to submit a Regularisation Plan to the relevant authorities by 7 January 2014 which is approximately 7 months from the date thereof. This announcement is dated 3 June 2013. | |
GESHEN - Change in Boardroom
| Company Name | GE-SHEN CORPORATION BERHAD |
| Stock Name | GESHEN |
| Date Announced | 3 Jun 2013 |
| Category | Change in Boardroom |
| Reference No | CS-130603-60C1D |
| Date of change | 31/05/2013 |
| Name | Saadon bin Samadi |
| Age | 61 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Non-Executive Director |
| New Position | Chairman |
| Directorate | Independent & Non Executive |
| Qualifications | |
| Working experience and occupation | |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Following his appointment as Independent Non-Executive Chairman, Encik Saadon bin Samadi was also appointed as the Chairman of the Nomination Committee and Remuneration Committee w.e.f. 31 May 2013. |
GESHEN - Change in Boardroom
| Company Name | GE-SHEN CORPORATION BERHAD |
| Stock Name | GESHEN |
| Date Announced | 3 Jun 2013 |
| Category | Change in Boardroom |
| Reference No | CS-130603-60C19 |
| Date of change | 31/05/2013 |
| Name | Lee Hin Kan |
| Age | 58 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | Tenure of services as an independent director has reached 9 years. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | |
| Working experience and occupation | |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Following his resignation as Independent Non-Executive Director, Mr. Lee Hin Kan also ceased to be the Chairman of the Audit Committee, Member of Nomination Committee and Remuneration Committee w.e.f. 31 May 2013. |
TEKSENG - First and Final Dividend
| Company Name | TEK SENG HOLDINGS BERHAD |
| Stock Name | TEKSENG |
| Date Announced | 3 Jun 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-130603-38043 |
| Remarks : |
| The first and final dividend Single Tier Dividend of 1.5 sen per ordinary share of RM0.25 each is subject to shareholders' approval at the forthcoming annual General Meetin of the Company to be held on Wednesday, 26 June 2013. |
TEKSENG - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | TEK SENG HOLDINGS BERHAD |
| Stock Name | TEKSENG |
| Date Announced | 3 Jun 2013 |
| Category | General Meetings |
| Reference No | CC-130603-36941 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | 11th Annual General Meeting |
| Date of Meeting | 26/06/2013 |
| Time | 09:30 AM |
| Venue | Laurel II, Level 1, Evergreen Laurel Hotel of 53, Persiaran Gurney, 10250 Penang |
| Date of General Meeting Record of Depositors | 18/06/2013 |
FREIGHT - OTHERS FREIGHT MANAGEMENT HOLDINGS BHD JOINT VENTURE BETWEEN FREIGHT MANAGEMENT HOLDINGS BHD AND SCOMI ENERGY SERVICES BHD
| Company Name | FREIGHT MANAGEMENT HOLDINGS BERHAD |
| Stock Name | FREIGHT |
| Date Announced | 3 Jun 2013 |
| Category | General Announcement |
| Reference No | CK-130527-48449 |
| Type | Announcement | ||||||||||||||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||||||||||||||
| Description | FREIGHT MANAGEMENT HOLDINGS BHD JOINT VENTURE BETWEEN FREIGHT MANAGEMENT HOLDINGS BHD AND SCOMI ENERGY SERVICES BHD | ||||||||||||||||||||||||||||||||
1. INTRODUCTION The Board of Directors of Freight Management Holdings Bhd (‘”FMHB” or “Company”) wishes to announce that FMHB and Scomi Energy Services Bhd (“SESB”) have embarked on a joint venture (“Joint Venture”), by entering into the following joint venture agreements, on 3 June 2013: (i) a joint venture agreement for the purpose of setting up a joint venture company ("Vessel Owner") to jointly acquire and own marine vessels ("Vessel Owner JVA"); and (ii) a joint venture agreement for the purpose of setting up another joint venture company ("Vessel Operator") to jointly operate marine vessels ("Vessel Operator JVA"), with a view to jointly pursue business relating to the provision of services to the oil and gas industry in South East Asia. 2. SALIENT TERMS OF THE VESSEL OWNER JVA 2.1 The purpose of the Vessel Owner JVA is to formalise and to set out the terms and conditions to regulate the relationship of the parties, inter se, as shareholders of the Vessel Owner, and for the implementation of the objectives and business of the Vessel Owner. 2.2 The Vessel Owner will be a company to be incorporated under the Labuan Companies Act, 1990, under such name to be mutually agreed between FMHB and SESB or such other name as may be approved by the relevant authorities. 2.3 The main objective of the Vessel Owner is to acquire and own marine vessels for the purposes of leasing or chartering the marine vessels on bare boat basis to third parties in the oil and gas industry and other industry in South East Asia and/or to such other parties as may be mutually agreed. 2.4 The Vessel Owner will have an initial authorised share capital of United States Dollar Ten Million (USD10,000,000.00) only divided into Ten Million (10,000,000) shares of USD1.00 each, and an initial issued share capital of United States Dollar Six Hundred Thousand (USD600,000.00) only, which shall be subscribed by FMHB and SESB, in the proportion set out in the table below, in cash, which will be financed by internally generated funds, respectively.
2.5 The Board of Directors of the Vessel Owner will comprise of four (4) directors, two (2) each to be nominated by FMHB and SESB, respectively. 2.6 The first project to be undertaken by the Vessel Owner will be the purchase of a tug and barge. FMHB and SESB will advance to the Vessel Owner, a non-interest bearing shareholders’ loan of an aggregate amount of up to thirty per centum (30%) of the purchase price of the Vessel or such equity portion as may be required by the financier for the Vessel (“Financier”), in the proportion of their respective shareholdings in the Vessel Owner, which will be utilised by the Vessel Owner to part finance the purchase of the Vessel. 2.7 To finance the balance of the purchase price of the Vessel, the Vessel Owner will obtain financing on appropriate and favorable terms to be mutually agreed by the JV with the financial institution. 2.8 Save as stated in paragraphs 2.6 and 2.7 above, the working capital and other cash flow requirements of the Vessel Owner will be met, to the extent possible, through internal funding by the Vessel Owner. 3. SALIENT TERMS OF THE VESSEL OPERATOR JVA 3.1 The purpose of the Vessel Operator JVA is to formalise and to set out the terms and conditions to regulate the relationship of the parties, inter se, as shareholders of the Vessel Operator, and for the implementation of the objectives and business of the Vessel Operator. 3.2 The Vessel Operator will be a company to be incorporated under the Companies Act, 1965, under such name to be mutually agreed between FMHB and SESB or such other name as may be approved by the relevant authorities. 3.3 The main objective of the Vessel Operator is to operate marine vessels for the purposes of leasing or chartering the marine vessels on time charter to third party in the oil and gas industry and other industry in South East Asia. 3.4 The Vessel Operator with have an initial authorised share capital of Ringgit Malaysia One Million (RM1,000,000.00) only divided into 1,000,000 shares of RM1.00 each, and an initial issued share capital of Ringgit Malaysia Fifty Thousand (RM50,000.00) only, which shall be subscribed by FMHB and SESB in the proportion set out in the table below, in cash, which be financed by internally generated funds, respectively.
3.5 The Board of Directors of the Vessel Operator will comprise of four (4) directors, two (2) each to be nominated by FMHB and SESB, respectively. 3.6 The working capital and other cash flow requirements of the Vessel Operator will be met, to the extent possible, through external borrowings by the Vessel Operator. 4. RATIONALE OF THE JOINT VENTURE The Joint Venture will provide FMHB and SESB a synergy with their respective principal activities, to jointly acquire, own and operate marine vessels, for the purposes of leasing or chartering the marine vessels to third party in the oil and gas industry and other industry in South East Asia. 5. INFORMATION ON FMHB FMHB is an investment holding company with its subsidiaries providing international freight services covering sea, rail, air freight and tug and barge services, customs brokerage and distribution container haulage and conventional trucking services. 6. INFORMATION ON SESB SESB is an investment holding company, with a marine logistics and offshore support services division, which is, principally, involved in the provision of vessels and offshore support services to the oil and gas industry in South East Asia. 7. APPROVAL The Joint Venture is not subject to the approval of the shareholders of the Company or the approval of any relevant authorities in Malaysia. 8. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST None of the directors or substantial shareholders of the Company or persons connected with the Company have any direct or indirect interest in the Joint Venture. 9. DIRECTORS' OPINION The Board of Directors of the Company is of the opinion that the Joint Venture and the incorporation of the Vessel Owner and Vessel Operator are in the best interest of the Company. 10. EFFECTS OF THE JOINT VENTURE The Joint Venture will have no effect on the issued and paid up capital of the Company and will have no material impact on the Company’s earnings and net tangible assets for the financial ending 30 June 2013. 11. DOCUMENT AVAILABLE FOR INSPECTION The Vessel Owner JVA and the Vessel Operator JVA are available for inspection at the registered office of the Company at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, during normal office hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 3 June 2013. | |||||||||||||||||||||||||||||||||
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