June 10, 2013

Company announcements: YKGI-WA, YKGI-WB, PETONE, SCOMIES, DIALOG, YINSON, PMETAL, FRB

YKGI-WA - Changes in Director's Interest (S135) - Christopher Hii Lu Ming

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameYKGI HOLDINGS BERHAD  
Stock Name YKGI-WA  
Date Announced10 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130610-11415

Information Compiled By KLSE

Particulars of Director

NameChristopher Hii Lu Ming
AddressNo. 3 Jalan RHU 1/KS 6, Bandar
Botanic 41200 Klang, Selangor Darul Ehsan
Descriptions(Class & nominal value)Free detachable warrants issued pursuant to the rights issue

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
05/06/2013
1,000,000
0.005 

Circumstances by reason of which change has occurredBought through open market - Warrant A
Nature of interestDirect Interests
Consideration (if any) 

Total no of securities after change

Direct (units)1,000,000 
Direct (%)1.39 
Indirect/deemed interest (units)108 
Indirect/deemed interest (%)
Date of notice10/06/2013


YKGI-WB - Changes in Director's Interest (S135) - Alexander Hii Lu Kwong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameYKGI HOLDINGS BERHAD  
Stock Name YKGI-WB  
Date Announced10 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130610-08E64

Information Compiled By KLSE

Particulars of Director

NameAlexander Hii Lu Kwong
Address285, Lorong Foochow No. 1H, 93300 Kuching, Sarawak
Descriptions(Class & nominal value)Free detachable warrants issued pursuant to the bonus issue

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
05/06/2013
279,519
0.110 
Disposed
06/06/2013
800,000
0.121 

Circumstances by reason of which change has occurredSold through open market - Warrant B
Nature of interestDirect Interests
Consideration (if any) 

Total no of securities after change

Direct (units)232,200 
Direct (%)0.24 
Indirect/deemed interest (units)17,706,627 
Indirect/deemed interest (%)18.64 
Date of notice10/06/2013


PETONE - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoCS-130610-77537

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionPETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”)
- APPOINTMENT OF RECEIVER & MANAGER OF ONE PETROLEUM (L) LTD (“OPLL”), A WHOLLY-OWNED SUBSIDIARY OF ARUS DERMAGA SDN BHD (“ADSB”), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF PETONE
Further to the announcements dated 7 May 2013 and 14 May 2013, the Board wishes to announce that the Receiver & Manager had, via its letter dated 7 June 2013, informed the Board of OPLL that on the same day, he has realised part of the Charged Assets under the Debenture identified as a vessel known as “Hercules” (IMO No. 8614417) (“Vessel”) by way of sale of the Vessel to M/s Thrive Allied Limited (“TAL”), PO Box 957, O.I.C., Road Town, Tortola, BVI, for a consideration of USD14.0 million (“Sale of Vessel”) (“Letter”), the delivery of the Vessel has taken place as evidenced by the Protocol of Delivery & Acceptance executed by TAL and the Receiver & Manager for OPLL.
Pursuant to the Letter, the proceeds from the Sale of Vessel has been utilised by the Receiver & Manager to settle the entire outstanding amount owing to Bank Muamalat in respect of the Facility, balance will be utilise to settle the related legal fees and expenses of the Receiver & Manager, any excess, would firstly be used to pay the existing creditors of OPLL.

The Receiver & Manager has also notified the Board of OPLL of him ceasing to act as Receiver & Manager of the property of OPLL effective from 7 June 2013 via the Letter.

On the even date, a letter from Bank Muamalat dated 7 June 2013 has been received by OPLL, confirming the full settlement of the Facility and the cessation of Dato’ Narendrakumar a/l Chunlal Rugnath of Grant Thornton Consulting Sdn Bhd as the Receiver and Manager of the property of OPLL with immediate effect.

Accordingly, OPLL has uplifted itself from receivership status and the management of the affairs of OPLL is now returned to its Directors.

The Vessel has been idle after completing its short term charter agreement in the third (3rd) quarter ended 31 March 2013. However, the Board wishes to inform that the Sale of Vessel had resulted in the loss of the Group’s only remaining cash generating unit in which the overall financial and operation impact could not be reasonably assessed at the present time.

Notwithstanding the above, PETONE is in the midst of formulating a comprehensive Regularisation Plan with its appointed adviser to revive and reorganise the financial condition and core business of the Group. Further announcements on the status of the Regularisation Plan will be provided in due course.

This announcement is dated 10 June 2013.


PETONE - PRACTICE NOTE 1 / GUIDANCE NOTE 5:NEW DEFAULT

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoCS-130610-77538

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
NEW DEFAULT
DescriptionPETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”)
- NOTICE OF TERMINATION & RECALL - BAI' BITHAMIN AJIL FACILITY UP TO USD17,600,000.00 GRANTED BY BANK MUAMALAT MALAYSIA BERHAD TO ONE PETROLEUM (L) LTD (INDIRECT WHOLLY-OWNED SUBSIDIARY COMPANY)
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 4 April 2013 in relation to the PN1 announcement-New Default.

Further to the announcements made on 11 March 2013, 13 March 2013, 3 April 2013, 4 April 2013, 5 April 2013, 17 April 2013 and 31 May 2013, the Board wishes to inform that the amount owing to Bank Muamalat (BMMB) for the BBA Facility by OPLL has been fully settled as confirmed by Bank Muamalat via its letter dated 7 June 2013 to OPLL, details of which has been disclosed in PETONE’s announcement dated 10 June 2013 in relation to the Appointment of Receiver & Manager of One Petroleum (L) Ltd.

PETONE will announce further developments on the above matter (if any) in due course.

This announcement is dated 10 June 2013.


SCOMIES - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameSCOMI ENERGY SERVICES BHD  
Stock Name SCOMIES  
Date Announced10 Jun 2013  
CategoryChange in Boardroom
Reference NoSE-130610-8B2A7

Date of change10/06/2013
NameLiew Willip ("Mr Liew")
Age46
NationalityMalaysian
Type of changeRedesignation
Previous PositionNon-Executive Director
New PositionNon-Executive Director
DirectorateIndependent & Non Executive
Qualifications- Commerce graduate of the University of Melbourne
- Chartered Financial Analyst 
Working experience and occupation Mr Liew is a commerce graduate of the University of Melbourne and a Chartered Financial Analyst. Upon graduation, Mr Liew worked with international accounting firm KPMG as an auditor. Subsequently, he joined a local stockbroking company as an investment analyst, and later, moved to the Kuala Lumpur office of an international investment bank, Barclays deZoete Wedd, where he was the senior equity analyst. In 1996, Mr Liew was hired to set up the Malaysian equity research operations of another international investment bank, NatWest Markets, where he was the director and head of research.

In 1998, Mr Liew joined the national asset management company, Pengurusan Danaharta Nasional Berhad (“Danaharta”), where he was among the pioneer staff members. At Danaharta, Mr Liew was the assistant general manager/head of research unit (Corporate Services Division). After leaving Danaharta in 2000, Willip co-founded an independent investment advisory company, and a consulting company that specializes in financial and investor communications. Mr LIew is currently the Managing Director of a company providing consulting services. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 

Remarks :
Mr Liew has been redesignated from Non-Independepent Non Executive Director to Independent Non-Executive Director with effect from 10 June 2013.


DIALOG - 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 NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced10 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-130610-9815C

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each.
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed05/06/2013
200,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Direct (units)379,411,835 
Direct (%)15.77 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change379,411,835
Date of notice10/06/2013

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 200,000 shares) - 322,034,294 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 1,485,054 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 11,522,300 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 12,986,367 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 8,485,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 14,067,820 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 3,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 2,231,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 3,100,000 shares

Total No. of shares - 379,411,835 shares


YINSON - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoMB-130610-52678

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
YINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”)

PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF YHB (“PRIVATE PLACEMENT”)

Reference is made to the Company’s announcements dated 22 May 2013, 23 May 2013, 30 May 2013 and 7 June 2013 in relation to the Private Placement (“Announcements”). Unless otherwise defined, all abbreviations used are the same as those previously defined in the Announcements.

On behalf of the Board of Directors of YHB, AmInvestment Bank Berhad wishes to announce that the Private Placement has been completed on even date with the listing of 20,035,510 Placement Shares.

This announcement is dated 10 June 2013.


PMETAL - Changes in Director's Interest (S135) - Dato' (Dr.) Megat Abdul Rahman Bin Megat Ahmad

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced10 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130610-7B0F2

Information Compiled By KLSE

Particulars of Director

NameDato' (Dr.) Megat Abdul Rahman Bin Megat Ahmad
Address575, Jalan 17/15, 46400 Petaling Jaya, Selangor Darul Ehsan, Malaysia
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
06/06/2013
5,000
2.620 

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

Total no of securities after change

Direct (units)12,691,992 
Direct (%)2.5 
Indirect/deemed interest (units)782,000 
Indirect/deemed interest (%)0.15 
Date of notice10/06/2013

Remarks :
The indirect interest in 782,000 shares of RM0.50 each are held as follows:-

i) 240,000 ordinary shares of RM0.50 each are registered in the name of his spouse, Datin Johariah Binti Abdullah Khalid.
ii) 542,000 ordinary shares of RM0.50 each are registered in the name of JOEM Sendirian Berhad.


FRB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoFR-130610-D30F0

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionWe wish to announce that pursuant to Paragraph 14.08 of the Listing Requirements of the Bursa Malaysia Securities Berhad, Formis Resources Berhad ("FRB") has on 10 June 2013 received notification dated 10 June 2013 from Tan Sri Dato' Seri Megat Najmuddin Bin Datuk Seri Dr. Hj. Megat Khas ("Tan Sri Megat") of his dealings in the ordinary shares of FRB as per Table A below.

TABLE A

Name

Date Transacted

Opening Balance

Disposed

% of ordinary shares

Price per ordinary shares

Closing Balance

% of total issued ordinary shares

Tan Sri Megat

06/06/2013

66,050,408

670,000

0.19

RM0.45

65,380,408

(Direct Interest)

18.56

(Direct Interest)



FRB - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced10 Jun 2013  
CategoryGeneral Meetings
Reference NoFR-130610-55518

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionExtraordinary General Meeting ("EGM") of Formis Resources Berhad.

A copy of the Notice of the EGM is attached.
Date of Meeting08/07/2013
Time02:00 PM
VenueBanquet Hall, The Royal Selangor Golf Club, Jalan Kelab Golf, Off Jalan Tun Razak, 55000 Kuala Lumpur
Date of General Meeting Record of Depositors02/07/2013


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