TAANN - OTHERS AGREEMENT BETWEEN TA ANN TASMANIA PTY LTD AND THE AUSTRALIAN GOVERNMENT
Company Name | TA ANN HOLDINGS BERHAD |
Stock Name | TAANN |
Date Announced | 21 Jun 2013 |
Category | General Announcement |
Reference No | CC-130621-72367 |
Type | Announcement |
Subject | OTHERS |
Description | AGREEMENT BETWEEN TA ANN TASMANIA PTY LTD AND THE AUSTRALIAN GOVERNMENT |
The Board of Directors of Ta Ann Holdings Berhad (“Ta Ann” or “the Company”) is pleased to announce that Ta Ann Tasmania Pty Ltd (“TAT”), a subsidiary company incorporated in Australia has entered into an agreement (“Agreement”) with the Australian Government represented by its Department of Sustainability, Environment, Water, Population and Communities (“Department”) under which TAT shall surrender partially its peeler wood supply entitlement held under contracts with Forestry Tasmania in consideration of the Australian Government’s conditional compensation payment to TAT. The Agreement was executed on 12 June 2013, but due to clearance protocols with the Australian Government and contract requirements to be met with Forestry Tasmania, the executed copy of the Agreement was only cleared and released to TAT today. 1. INTRODUCTION
Throughout 2012, Forest Industry Representatives, the Forestry Union, Timber Communities and Environmental Non-Government Organizations in Tasmania, Australia continued to negotiate the terms of a “forest peace agreement” to resolve the conflict over forest areas to be conserved for high conservation values and areas to be available for sustainable wood supply. The elements of this “negotiation” were agreed by the parties and recorded in the Tasmanian Forest Agreement dated 22 November 2012. Subsequent to the signing of the Tasmanian Forest Agreement, the Tasmanian Government submitted the Tasmanian Forests Agreement Bill 2012 (“the Bill”) in the Tasmanian Parliament’s Lower House in order to incorporate the key principles of the agreement in relevant Tasmanian legislation. One of the key principles incorporated into the Bill was the retention of sustainable productive State forests in order to meet the wood supply requirements of a range of Tasmanian Forestry Sector participants. This includes peeler wood supply volumes “to meet renegotiated contracts”. The Tasmanian Forestry legislation was passed by the Tasmanian Parliament and the Tasmanian Forests Agreement Act 2013 (the ‘Act’) was enacted on 3 June 2013. With the passing of the Act, TAT was able to finalize the negotiation with the Australian Government on the proposed revisions to the existing contracts leading to the execution of the Agreement. 2. SALIENT TERMS OF THE AGREEMENT
The uncertainty of Tasmanian timber processing operations brought about by the process of negotiations in 2012 for a “forest peace agreement” will be removed by the Act. The compensation under the Agreement will assist the Tasmanian subsidiary to restructure its timber processing operations including diversifying its products markets to Australia. With the lower billet supply quantity for production of veneer, the plywood division will focus on processing high value premium eucalyptus plywood products. The change is anticipated to enhance the marketing strategy and improve on the performance of the plywood division.
The reduction in billet supply will result in the 2 veneer mills operating at below capacity which will lead to a higher unit overhead cost and the compensation payment will sufficiently offset the higher unit fixed cost for the next 10 years. With the anticipated operation restructuring mentioned in the rationale, the Agreement will have a positive impact on the Tasmanian operation. 4.2 Net Assets
For the financial year ended 31 December 2013, the first tranche of the compensation will increase the Group’s earnings net of Australian GST and income tax by A$17.24 million or Ringgit equivalent of 51.38 million. The compensation will increase the net assets of the Group by the same amount.
Approval of the Agreement by the Malaysian Government authorities or shareholders of the Company is not required. None of the Directors and/or substantial shareholders of Ta Ann and/or persons connected with Directors or substantial shareholders of the Company has any direct or indirect interest in the Agreement. The Directors of the Company are of the opinion that the Agreement is in the best interest of the Company. This announcement is dated 21st day of June 2013. |
TIMECOM - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan) ("KWAP")
Company Name | TIME DOTCOM BERHAD |
Stock Name | TIMECOM |
Date Announced | 21 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | TD-130621-E7550 |
Particulars of substantial Securities Holder
Name | Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") |
Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
NRIC/Passport No/Company No. | KWAPACT6622007 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Aras 4, 5 & 6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 17/06/2013 | 491,100 | |
Acquired | 18/06/2013 | 81,000 |
Remarks : |
Form 29B was received by the Company on 21 June 2013. |
NADAYU - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | NADAYU PROPERTIES BERHAD |
Stock Name | NADAYU |
Date Announced | 21 Jun 2013 |
Category | General Announcement |
Reference No | MI-130621-58673 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | NADAYU PROPERTIES BERHAD ("NADAYU" OR THE "COMPANY") PROPOSED DISPOSAL BY PEMBANGUNAN BANDAR MUTIARA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ITS 30% EQUITY INTEREST HELD IN TAMBUN INDAH DEVELOPMENT SDN BHD AND 40% EQUITY INTEREST HELD IN PALMINGTON SDN BHD TO TAMBUN INDAH LAND BERHAD (“TILB”) FOR A TOTAL CONSIDERATION OF RM112,234,216, TO BE SATISFIED VIA A COMBINATION OF CASH OF RM40,734,216 AND 55,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN TILB |
On
behalf of the Board of Directors of Nadayu Properties Berhad (“Nadayu” or “Company”) (“Board”), RHB
Investment Bank Berhad (“RHB Investment
Bank”) wishes to announce that Pembangunan Bandar Mutiara Sdn Bhd (“PBMSB” or “Vendor”), a wholly-owned subsidiary of the Company had, on 21 June 2013, entered into a share purchase
agreement (“SPA”) with Tambun Indah
Land Berhad (“TILB” or “Purchaser”) to dispose of its 30%
equity interest held in Tambun Indah Development Sdn Bhd (“TIDSB”) (“Proposed TIDSB
Disposal”) and 40% equity interest held in Palmington Sdn Bhd (“PSB”) (“Proposed PSB Disposal”) to TILB, for a total consideration of RM112,234,216 to be
satisfied via a combination of cash of RM40,734,216 and 55,000,000 new ordinary shares of RM0.50 each in TILB (“TILB Share(s)”) at an issue price of
RM1.30 per TILB Share, upon the terms and subject to the conditions as set out
in the SPA. |
WASEONG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | WAH SEONG CORPORATION BERHAD |
Stock Name | WASEONG |
Date Announced | 21 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-130621-46188 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
Name & address of registered holder | Employees Provident Fund Board Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur (518,269 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (25,142,670 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (RHB INV)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (1,000,000 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (AM INV)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (8,207,500 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (8,165,294 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (CIMB PRI)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (7,619,300 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) |
Acquired | 18/06/2013 | 472,200 | |
Disposed | 18/06/2013 | 458,400 | |
Disposed | 18/06/2013 | 395,000 |
Remarks : |
1. Purchase of 472,00 shares by Citigroup Nominees (Tempatan) Sdn Bhd for Employees Provident Fund Board. 2. Disposal of 458,400 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV) for Employees Provident Fund Board. 3. Disposal of 395,000 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV) for Employees Provident Fund Board. 4. The Notice of Change in the Interest of Substantial Shareholder dated 19 June 2013 was received on 21 June 2013 from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board. |
UEMS - Change Of Company Secretary
Company Name | UEM SUNRISE BERHAD |
Stock Name | UEMS |
Date Announced | 21 Jun 2013 |
Category | Change Of Company Secretary |
Reference No | UL-130618-34259 |
Date of change | 21/06/2013 |
Type of change | Resignation |
Designation | Joint Secretary |
License no. | MIA 1904 |
Name | TAN HWEE THIAN |
Working experience and occupation during past 5 years |
Remarks : |
Following the retirement of Mr. Tan Hwee Thian from the employment of UEM Group Management Sdn Bhd, he has resigned as the Joint Secretary of UEM Sunrise Berhad (formerly known as UEM Land Holdings Berhad). |
UEMS - Change Of Company Secretary
Company Name | UEM SUNRISE BERHAD |
Stock Name | UEMS |
Date Announced | 21 Jun 2013 |
Category | Change Of Company Secretary |
Reference No | UL-130618-33941 |
Date of change | 21/06/2013 |
Type of change | Appointment |
Designation | Joint Secretary |
License no. | LS No. 0008928 |
Name | SHARIFAH SHAFIQA SALIM BEN YAHYA |
Working experience and occupation during past 5 years |
UEMS - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | UEM SUNRISE BERHAD |
Stock Name | UEMS |
Date Announced | 21 Jun 2013 |
Category | General Announcement |
Reference No | UL-130620-4952A |
Type | Announcement |
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD |
Description | We attach herewith the dealings in the shares of the Company outside closed period submitted by Principal Officer(s) pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. This announcement is dated 21 June 2013. |
UOADEV - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
Company Name | UOA DEVELOPMENT BHD |
Stock Name | UOADEV |
Date Announced | 21 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-130621-53626 |
Particulars of substantial Securities Holder
Name | EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") |
Address | TINGKAT 19, BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | MALAYSIA |
Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.05 EACH |
Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD ("CITIGROUP") LEVEL 42, MENARA CITIBANK 165 JALAN AMPANG 50450 KUALA LUMPUR |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 18/06/2013 | 200,000 |
Remarks : |
DIRECT INTEREST OF 81,622,700 IS HELD AS FOLLOWS: - CITIGROUP - EPF BOARD (47,519,400) CITIGROUP - EPF BOARD (AMUNDI) (9,025,200) CITIGROUP - EPF BOARD (HDBS) (11,631,900) CITIGROUP - EPF BOARD (ALLIANCE INV) (2,000,000) CITIGROUP - EPF BOARD (NOMURA) (10,570,300) CITIGROUP - EPF BOARD (ARIM) (875,900) THE FORM 29B WAS RECEIVED BY THE COMPANY ON 21 JUNE 2013 |
ARMADA - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
Company Name | BUMI ARMADA BERHAD |
Stock Name | ARMADA |
Date Announced | 21 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | BA-130621-03416 |
Particulars of substantial Securities Holder
Name | EMPLOYEES PROVIDENT FUND BOARD |
Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB Shares") |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident Fund Board Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (AMUNDI) Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (AM INV) Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (MAYBAN) Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ALLIANCE) Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (NOMURA) Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (CIMB PRI) Citigroup Nominees (Tempatan) Sdn Bhd- Employees Provident FD BD (ARIM) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 18/06/2013 | 1,327,000 |
Remarks : |
This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 19 June 2013 and received by the Company on 21 June 2013. The registered holders of the 184,331,000 BAB Shares are as follows: 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - in respect of 157,488,700 BAB Shares 2. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) - in respect of 3,320,000 BAB Shares 3. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - in respect of 5,287,800 BAB Shares 4. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - in respect of 2,225,000 BAB Shares 5. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ALLIANCE) - in respect of 1,500,000 BAB Shares 6. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - in respect of 7,580,000 BAB Shares 7. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - in respect of 5,429,500 BAB Shares 8. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - in respect of 1,500,000 BAB Shares |
IHH - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | IHH HEALTHCARE BERHAD |
Stock Name | IHH |
Date Announced | 21 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | IH-130621-06B36 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF Act 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Employees Provident Fund Board Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur. (98,000,000 ordinary shares of RM1.00 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur. (440,029,100 ordinary shares of RM1.00 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur. (13,970,000 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) |
Acquired | 18/06/2013 | 2,345,900 |
Remarks : |
Form 29B dated 19 June 2013 was received on 21 June 2013. |
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