Company announcements: SURIA, HDBS, YTLPOWR, BGYEAR, HIGHTEC, AASIA, MAGNI

SURIA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):COMBINATION OF TRANSACTIONS

Announcement Type: General Announcement

Company Name	SURIA CAPITAL HOLDINGS BERHAD
Stock Name	SURIA
Date Announced	12 Jun 2013
Category	General Announcement
Reference No	MI-130612-63058

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) COMBINATION OF TRANSACTIONS
Description	SURIA CAPITAL HOLDINGS BERHAD (“SURIA CAPITAL” OR “COMPANY”) (I) PROPOSED JOINT VENTURE BETWEEN SURIA CAPITAL AND SBC CORPORATION BERHAD (“SBC”) TO DEVELOP A PARCEL OF DEVELOPMENT LAND OWNED BY SURIA CAPITAL MEASURING APPROXIMATELY 16.25 ACRES SITUATED AT JALAN TANJUNG LIPAT, KOTA KINABALU, SABAH (“PROPOSED JV”); AND (II) PROPOSED DIVERSIFICATION INTO PROPERTY DEVELOPMENT PURSUANT TO THE PROPOSED JV (“PROPOSED DIVERSIFICATION”) (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the Company’s announcements on 21 May 3013 and 27 May 2013 in relation to the Proposals. On behalf of Suria Capital, Maybank Investment Bank Berhad wishes to announce that Suria Capital and SBC have today mutually agreed in writing to waive the condition precedent in relation to SBC obtaining the approval from its shareholders for the joint venture agreement dated 21 May 2013 entered into between Suria Capital and SBC (“JVA”). Save for the above, all the other terms and conditions of the JVA remain unchanged. This announcement is dated 12 June 2013.

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HDBS - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement

Company Name	HWANG-DBS (MALAYSIA) BERHAD
Stock Name	HDBS
Date Announced	12 Jun 2013
Category	General Announcement
Reference No	HD-130508-46460

Type	Announcement
Subject	PROVISION OF FINANCIAL ASSISTANCE
Description	PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO PARAGRAPH 8.23(1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD AND PARAGRAPH 3 OF THE PRACTICE NOTE 11
Pursuant to Paragraph 8.23(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and paragraph 3 of the Practice Note 11, Hwang-DBS (Malaysia) Berhad ("Hwang-DBS") wishes to announce the following financial assistance rendered during the quarter ended 30 April 2013: (a) Secured and unsecured loans amounting to RM13,793,985 and RM48,322,946 respectively were granted to third parties by its wholly-owned subsidiaries in their ordinary course of business during the quarter ended 30 April 2013. (b) Downpayment made to a vendor by the wholly-owned commercial bank subsidiary amounting to RM10,208 for supply of computers and office equipment. The financial assistance granted above amounting to RM62,127,139 has no significant impact on the net assets and earnings per share of Hwang-DBS Group. The information required pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad for the financial period ended 30 April 2013 is attached below.

Attachments HDBS_Q313.pdf 23 KB

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HDBS - Quarterly rpt on consolidated results for the financial period ended 30/4/2013

Announcement Type: Financial Results

Company Name	HWANG-DBS (MALAYSIA) BERHAD
Stock Name	HDBS
Date Announced	12 Jun 2013
Category	Financial Results
Reference No	HD-130508-46012

Financial Year End	31/07/2013
Quarter	3
Quarterly report for the financial period ended	30/04/2013
The figures	have not been audited

Attachments FY13_Qtr3.pdf 183 KB

Remarks :

• Default Currency
• Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION 30/04/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/04/2013	30/04/2012	30/04/2013	30/04/2012
		$$'000	$$'000	$$'000	$$'000
1	Revenue	111,026	109,957	335,329	284,929
2	Profit/(loss) before tax	17,634	26,862	52,618	71,262
3	Profit/(loss) for the period	14,192	20,762	40,651	53,564
4	Profit/(loss) attributable to ordinary equity holders of the parent	11,351	18,318	30,035	47,951
5	Basic earnings/(loss) per share (Subunit)	4.45	7.18	11.77	18.79
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	5.00	5.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	3.7000		3.6300

Remarks :

A final dividend of 5 sen per ordinary share, less 25% income tax, amounting to RM9,568,459 in respect of the previous financial year ended 31 July 2012 was paid on 20 December 2012. An interim dividend of 5 sen per ordinary share, less 25% income tax, amounting to RM9,568,459 in respect of the current financial year ending 31 July 2013 was paid on 8 May 2013.

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country	Base Unit	Subunit
Malaysia	Ringgit	Sen
United States	Dollar	Cent
United Kingdom	Pound	Pence

Currency:

SUMMARY OF KEY FINANCIAL INFORMATION 30/04/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		$$'000	$$'000	$$'000	$$'000
1	Revenue
2	Profit/(loss) before tax
3	Profit/(loss) for the period
4	Profit/(loss) attributable to ordinary equity holders of the parent
5	Basic earnings/(loss) per share (Subunit)
6	Proposed/Declared dividend per share (Subunit)
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)

Remarks :

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country	Base Unit	Subunit
Malaysia	Ringgit	Sen
United States	Dollar	Cent
United Kingdom	Pound	Pence

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YTLPOWR - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement

Company Name	YTL POWER INTERNATIONAL BHD
Stock Name	YTLPOWR
Date Announced	12 Jun 2013
Category	Notice of Shares Buy Back - Immediate Announcement
Reference No	YP-130612-42A2D

Date of buy back	12/06/2013
Description of shares purchased	Ordinary shares of RM0.50 each
Currency	Malaysian Ringgit (MYR)
Total number of shares purchased (units)	4,994,800
Minimum price paid for each share purchased ($$)	1.520
Maximum price paid for each share purchased ($$)	1.520
Total consideration paid ($$)	7,616,072.29
Number of shares purchased retained in treasury (units)	4,994,800
Number of shares purchased which are proposed to be cancelled (units)	0
Cumulative net outstanding treasury shares as at to-date (units)	192,437,545
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 (%)	2.62

Remarks :

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BGYEAR - MATERIAL LITIGATION

Announcement Type: General Announcement

Company Name	BINA GOODYEAR BERHAD
Stock Name	BGYEAR
Date Announced	12 Jun 2013
Category	General Announcement
Reference No	CM-130612-60962

Type	Announcement
Subject	MATERIAL LITIGATION
Description	BINA GOODYEAR BERHAD (“BGB” or “the Company”) - Shah Alam Sessions Court Summons No. 2-52-3366-2009 between Meridian Supplies (M) Sdn Bhd (“MSSB”) against BGB
The Board of Directors of BGB wishes to announce that MSSB has obtained a summary judgement against the Company on 16 June 2011 for the sum of RM53,578, interest at 1% on the sum of RM53,578 from the date of the judgement together with the judgement cost of RM1,175 and the appeal cost of RM1,000. The Directors of the Company are of the opinion that the above is not expected to have any financial or operational impact as such claims are envisaged to be restructured pursuant to the regularisation plan being formulated for the Group, which has been approved by the requisite majority of the Scheme Creditors at a court convened meeting. There will be no further losses expected as the amount claimed has been fully provided in the accounts. This announcement is dated 12 June 2013.

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HIGHTEC - Venturing into agricultural activities through entering into renting agreements by its wholly-owned subsidiary namely H&L High-Tech Deco Sdn. Bhd.

Announcement Type: General Announcement

Company Name	KUMPULAN H & L HIGH-TECH BERHAD
Stock Name	HIGHTEC
Date Announced	12 Jun 2013
Category	General Announcement
Reference No	CK-130612-43664

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	GG-130610-50757
Subject	Venturing into agricultural activities through entering into renting agreements by its wholly-owned subsidiary namely H&L High-Tech Deco Sdn. Bhd.
Description	KUMPULAN H&L HIGH-TECH BERHAD Venturing into agricultural activities through entering into renting agreements by its wholly-owned subsidiary namely H&L High-Tech Deco Sdn. Bhd.
Query Letter Contents	We refer to your announcement dated 7 June 2013, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with the following additional information for public release: Breakdown of source of funds for the estimated development cost of RM5.0 million. Estimated timeframe for the Group to generate revenue from the project. Total financial commitment of the project and the breakdown of the source of funds. Basis of arriving at the monthly rental rate of RM0.50 based on every oil palm tree planted after a period of three and a half years and a monthly rental rate of RM0.60 after a period of five and half years from the date of the execution of the Renting Agreements. Basis of arriving at a compensation of not less than RM6 million to H&L High-Tech Deco Sdn Bhd in the event the aforesaid rented lands are to be surrendered to the governmental authorities or other third parties or terminated by the respective landlords. Outlook and prospects of oil palm industry. Please furnish Bursa Securities with your reply within one (1) market day fom the date hereof. Yours faithfully HENG TECK HENG Head, Issuers Listing Division Regulation HTH/TGG c.c:- Head, Market Surveillance Department, Market Supervision Division, Securities Commission (via fax)
We refer to our announcement made on 7 June 2013 (Ref. No. CK-130607-37659) in respect of the above matter and wish to furnish herewith the following additional information:- 1. Breakdown of source of funds for the estimated development cost of RM5.0 million. The breakdown of source of funds for the estimated development cost of RM5.0 million are as follows:- Land clearing of RM2.0 million Seedling of RM0.67 million Fertilizer of RM1.31 million Weeds Killer of RM0.45 million Labour cost of RM0.21 million Tools and equipment and miscellaneous of RM0.36 million 2. Estimated timeframe for the Group to generate revenue from the project. The oil palm trees need approximately 3 years to grow up to mature and estimated to harvest on the year of 2015 onwards. 3. Total financial commitment of the project and the breakdown of the source of funds. The total financial commitment of the project is only limited to the fund of development cost of RM5.0 million on the first 3 years. The source of fund is from internally-generated fund. 4, Basis of Arriving at the monthly rental rate of RM0.50 based on every oil palm tree planted after a period of three and a half years and a monthly rental rate of RM0.60 after a period of five and half years from the date of the execution of the Renting Agreements. The average cost of production per ton of fresh fruit bunch is estimated at RM210. While the monthly rental per acre for three and a half years and after five and a half years are RM27.50 (55 trees per acre x 0.50) and RM33.00 (55 trees x 0.60) respectively. As such, the estimated cost of rental per ton of fresh fruit bunch is range from 13% to 15%. The yield of fresh fruit bunch for three and a half years is lower than five and a half years and thus the rental is lower. 5. Basis of arriving at a compensation of not less than RM6.0 million to H&L High-Tech Deco Sdn. Bhd. in the event the aforesaid rental lands are to be surrendered to the governmental authorities or other third parties or terminated by the respective landlords. The compensation of not less than RM6.0 million is arrived based on the basis that the total development cost of RM5.0 million can be recovered plus 20% premium. 6. Outlook and prospects of oil palm industry. Barring any unforeseen circumstances, the outlook and prospect of oil palm industry is expected to be optimistic in regard to the stockpile of crude palm oil is reducing gradually and thus the price of fresh fruit bunch is expected to increase. The demand of palm oil will also increase in tandem with the increase in population globally. This announcement is dated 12 June 2013

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AASIA - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)

Company Name	ASTRAL ASIA BERHAD
Stock Name	AASIA
Date Announced	12 Jun 2013
Category	Entitlements (Notice of Book Closure)
Reference No	AA-130610-63668

EX-date	16/08/2013
Entitlement date	20/08/2013
Entitlement time	05:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Interim dividend of 2.0 sen per ordinary share less 25% tax in respect of the financial year ending 31 December 2013
Period of interest payment	to
Financial Year End	31/12/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Sectrars Services Sdn Bhd No. 28-1, Jalan Tun Sambanthan 3 Brickfields 50470 Kuala Lumpur Tel: 03 2274 6133 Fax: 03 2274 1016
Payment date	17/09/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	20/08/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.02

Remarks :

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AASIA - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement

Company Name	ASTRAL ASIA BERHAD
Stock Name	AASIA
Date Announced	12 Jun 2013
Category	General Announcement
Reference No	AA-130606-35686

Type	Announcement
Subject	MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description	Crop Production for May 2013.
Fresh Fruits Bunches (m/t) Crude Palm Oil (m/t) Palm Kernel (m/t) AASIA Group's Plantations 4,243 847 232 Plantations managed by AASIA Group 2,053 410 110 Total Production Output 6,296 1,257 342

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MAGNI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement

Company Name	MAGNI-TECH INDUSTRIES BERHAD
Stock Name	MAGNI
Date Announced	12 Jun 2013
Category	General Announcement
Reference No	CC-130612-F5ABB

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 Open Market Disposals Date Price (RM per share) No. of shares disposed % of shares disposed 11.06.2013 2.0365 43,000 0.04 This announcement is dated 12 June 2013.

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MAGNI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD (Amended Announcement)

Announcement Type: General Announcement

Company Name	MAGNI-TECH INDUSTRIES BERHAD
Stock Name	MAGNI
Date Announced	12 Jun 2013
Category	General Announcement
Reference No	CC-130612-FF62A

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 Open market disposals Date Price (RM per share) No. of shares disposed % of shares disposed 10.06.2013 2.0279 64,300 0.06 (This announcement supercedes the earlier announcement dated 11 June 2013 which is erroneous in that the transaction should be open market disposals instead of, open market purchases.) This announcement is dated 12 June 2013.

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