ASIAEP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN
Announcement Type: General Announcement
Company Name | ASIAEP RESOURCES BERHAD (ACE Market) |
Stock Name | ASIAEP |
Date Announced | 2 Jul 2013 |
Category | General Announcement |
Reference No | MI-130702-61867 |
Regularisation Sponsor | KAF Investment Bank Berhad |
Sponsor | Same as above |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
Description | asiaEP RESOURCES BERHAD (“asiaEP” OR “COMPANY”) AND ITS SUBSIDIARY COMPANIES ("asiaEP GROUP" OR "GROUP") (1) PROPOSED CAPITAL REDUCTION; (2) PROPOSED CONSOLIDATION; (3) PROPOSED ACQUISITION OF GFM; (4) PROPOSED ACQUISITION OF GFMS; (5) PROPOSED SHARE EXCHANGE; (6) PROPOSED CANCELLATION OF WARRANTS B IN EXCHANGE FOR WARRANTS A; (7) PROPOSED EXEMPTION; (8) PROPOSED OFFER FOR SALE; (9) PROPOSED PRIVATE PLACEMENT; (10) PROPOSED TRANSFER OF LISTING STATUS; AND (11) PROPOSED CANCELLATION OF ESOS. (THE PROPOSALS ABOVE ARE TO BE COLLECTIVELY REFERRED TO AS “PROPOSED REGULARISATION PLAN”) |
Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the Requisite Announcement as announced on 30 April 2013.
We refer to the Requisite Announcement and announcements made by the Company on 30 April 2013, 2 May 2013 and 13 May 2013 in relation to the Proposed Regularisation Plan. On behalf of asiaEP, KAF Investment wishes to announce that the parties to the Conditional Agreement dated 30 April 2013 had, on 2 July 2013, entered into a Supplemental Conditional Agreement. Pursuant to the Supplemental Conditional Agreement, the Proposed Regularisation Plan will be varied. Please refer to the attached announcement for details of the Supplemental Conditional Agreement and variations to the Proposed Regularisation Plan. This announcement is dated 2 July 2013. |
ETITECH - OTHERS ETI TECH CORPORATION BERHAD (“ETITECH” OR THE “COMPANY”) REPLY TO THE QUERIES FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) DATED 01 JULY 2013 PROPOSED DISPOSAL OF A WHOLLY-OWNED INDIRECT SUBSIDIARY TO MUSYARAKAH EQUITY VENTURE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM5,878,000.00 (“PROPOSED DISPOSAL”)
Announcement Type: General Announcement
Company Name | ETI TECH CORPORATION BERHAD |
Stock Name | ETITECH |
Date Announced | 2 Jul 2013 |
Category | General Announcement |
Reference No | CC-130702-62D6F |
Type | Announcement | |||||||||||||||||||||||
Subject | OTHERS | |||||||||||||||||||||||
Description | ETI TECH CORPORATION BERHAD (“ETITECH” OR THE “COMPANY”) REPLY TO THE QUERIES FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) DATED 01 JULY 2013 PROPOSED DISPOSAL OF A WHOLLY-OWNED INDIRECT SUBSIDIARY TO MUSYARAKAH EQUITY VENTURE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM5,878,000.00 (“PROPOSED DISPOSAL”) | |||||||||||||||||||||||
(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcement dated 28 June 2013 in relation to the Proposed Disposal (“Announcement”) We refer to our announcement dated 28 June 2013 and the query from Bursa Securities via its facsimile dated 01 July 2013 in relation to the same (“Bursa Query”). The Board of Directors of ETITECH wishes to announce the following additional information as required by Bursa Securities to the Bursa Query: Q1. The justification for the discount of RM467.00 over the net assets of Power Mac
Add: Proposed Issuance of the Allotment shares RM 26,000,000 ------------------------------- Adjusted Proforma Net Assets RM 5,878,467 Discount ( to round down to nearest thousand) ( RM 467 ) -------------------------------- Proposed Disposal Consideration RM 5,878,000 ================== The discount represented rounding down to nearest thousand. Q2. The details of the working capital for which the proceeds will be utilized, and for further breakdown thereof
Q3 Whether the Proposed Disposal is subject to the relevant government authorities’ approval and the estimated time frame for submission of the application to the relevant authorities.
Q4 Principal market for Power Mac’s products
Q5. The net assets of Power Mac based on its latest audited consolidated financial statements Based on the unaudited accounts as at 28 February 2013, Power Mac has a Net Liabilities of RM 20,121,533. Q6. The audited financial information for past 3 years and the latest interim results, if available, stating turnover, profit before tax and profit after tax and minority interest of Power Mac. Where there is any material fluctuation in turnover or profits in any of the years, the explanation for the fluctuation.
Prior to 1.9.2011, Power Mac has not yet commenced operations The turnover of Power Mac for FYE 2013 represents mainly the sale of low powered battery products transferred from its immediate holding company (ETI-M) effective from Sept. 2011 as ETI-M has then decided to focus on the business of high powered green energy products and solutions. After the completion of this exercise, all business and marketing of these battery products will be transferred back to ETI-M and Power Mac will continue to remain as a sub-contractor to ETI-M. This announcement is dated 02 July 2013. |
INARI - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name | INARI BERHAD (ACE Market) |
Stock Name | INARI |
Date Announced | 2 Jul 2013 |
Category | Change in Boardroom |
Reference No | II-130611-60202 |
Admission Sponsor | M&A Securities Sdn Bhd |
Sponsor | Same as above |
Date of change | 02/07/2013 |
Name | Thong Mei Chuen |
Age | 31 |
Nationality | Malaysian |
Type of change | Appointment |
Designation | Alternate Director |
Directorate | Non Independent & Non Executive |
Qualifications | Bachelor of Arts degree from Dartmouth College in 2004, major in Economics, minors in Government and Chinese language/literature. |
Working experience and occupation | Ms Thong has five years of equity capital markets experience. She worked for Credit Suisse in New York from 2004 to 2006, and Deutsche Bank from 2006 to 2009 at their New York, Hong Kong and Singapore offices. She subsequently joined the corporate finance team in Genting Hong Kong from 2009 to mid-2012. On 1 July 2012, she was appointed Head of Global Treasury and Corporate Planning at Insas Berhad. In November 2012, she has also undertaken the role of Director in the corporate finance division of Formis Resources Berhad. |
Directorship of public companies (if any) | Nil |
Family relationship with any director and/or major shareholder of the listed issuer | She is the daughter of Dato' Thong Kok Khee |
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 | Ordinary shares ------------------- Direct interest : 62,500 shares Warrants --------------- Direct interest : 312,500 warrants |
Remarks : |
Ms Thong Mei Chuen was appointed as Alternate Director to Dato' Thong Kok Khee |
INARI - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name | INARI BERHAD (ACE Market) |
Stock Name | INARI |
Date Announced | 2 Jul 2013 |
Category | Change in Boardroom |
Reference No | II-130611-57974 |
Admission Sponsor | M&A Securities Sdn Bhd |
Sponsor | Same as above |
Date of change | 02/07/2013 |
Name | Soon Li Yen |
Age | 45 |
Nationality | Malaysian |
Designation | Alternate Director |
Directorate | Non Independent & Non Executive |
Type of change | Cessation of Office |
Reason | Ceased as alternate director to Dato' Thong Kok Khee |
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 | 1) Bachelor of Business in Accounting from Royal Melbourne Institute of Technology in 1991. 2) Member of Malaysian Institute of Accountants and Certified Public Accountants of Australia. |
Working experience and occupation | She is an accountant by profession and prior to joining Insas Berhad in August 1995, she worked for Coopers & Lybrand as Audit Senior from 1991 to 1995. She has extensive experience in auditing, accounting, financial planning and financial related work. She was subsequently appointed as Non-Independent & Non-Executive Director of Insas Berhad on 6 March 2009. |
Directorship of public companies (if any) | Insas Berhad |
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 |
PBBANK - 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 Name | PUBLIC BANK BERHAD |
Stock Name | PBBANK |
Date Announced | 2 Jul 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PB-130702-4EA8A |
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 | 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - Sale of 8,500 shares on 27 June 2013 2. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) - Sale of 98,100 shares on 27 June 2013 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 27/06/2013 | 106,600 |
Remarks : |
The percentage of EPF's direct interests in Public Bank Berhad (PBB) shares of 12.97% is computed based on the total number of PBB shares in issue excluding a total of 29,800,704 PBB shares bought-back by PBB and retained as treasury shares as at 2 July 2013. Received EPF Form 29B dated 27 June 2013 on 2 July 2013. |
BURSA - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company Name | BURSA MALAYSIA BERHAD |
Stock Name | BURSA |
Date Announced | 2 Jul 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | BM-130702-F8942 |
Particulars of substantial Securities Holder
Name | Mitsubishi UFJ Financial Group, Inc. ("MUFG") |
Address | 7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan |
NRIC/Passport No/Company No. | Nil |
Nationality/Country of incorporation | Japan |
Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
Name & address of registered holder | 1. HSBC Nominees (Asing) Sdn Bhd BNP Paribas SECS SVS LUX for Aberdeen Global No. 2, Leboh Ampang 50100 Kuala Lumpur 2. HSBC Nominees (Asing) Sdn Bhd Exempt AN for BNP Paribas Securities Services (Singapore-SGD) No. 2, Leboh Ampang 50100 Kuala Lumpur 3. Citigroup Nominees (Asing) Sdn Bhd SBL Exempt AN for UBS AG 44th Floor, Menara Citibank 165, Jalan Ampang 50450 Kuala Lumpur 4. Cartaban Nominees (Asing) Sdn Bhd SSBT Fund DRPH for Aberdeen Asia-Pacific Smaller Companies Fund Level 16, Menara Standard Chartered No. 30, Jalan Sultan Ismail 50250 Kuala Lumpur 5. AMSEC Nominees (Tempatan) Sdn Bhd Aberdeen Asset Management Sdn Bhd for Tenaga Nasional Berhad Retirement Benefit Trust Fund (FM-Aberdeen) 15th Floor, Bangunan Ambank Group 55, Jalan Raja Chulan 50200 Kuala Lumpur 6. Maybank Nominees (Tempatan) Sdn Bhd Aberdeen Asset Management Sdn Bhd for Malaysian Timber Council (Endowment Fund) 14th Floor, Menara Maybank 100, Jalan Tun Perak 50050 Kuala Lumpur 7. Maybank Nominees (Tempatan) Sdn Bhd Aberdeen Asset Management Sdn Bhd for Malaysian Timber Council (Operating Fund) 14th Floor, Menara Maybank 100, Jalan Tun Perak 50050 Kuala Lumpur 8. Cartaban Nominees (Asing) Sdn Bhd BBH (LUX) SCA for the Master Trust Bank of Japan, Ltd. as Trustee of MUAM ASEAN Stock Open Level 16, Menara Standard Chartered No. 30, Jalan Sultan Ismail 50250 Kuala Lumpur 9. HSBC Nominees (Asing) Sdn Bhd Morgan Stanley & Co. International PLC (Firm A/C) No. 2, Leboh Ampang 50100 Kuala Lumpur 10. Cartaban Nominees (Asing) Sdn Bhd SSBT Fund MHUE for Morgan Stanley Institutional Fund, Inc. - Asian Equity Portfolio Level 16, Menara Standard Chartered No. 30, Jalan Sultan Ismail 50250 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 26/06/2013 | 25,800 |
Remarks : |
MUFG has deemed interest in 27,389,558 ordinary shares of RM0.50 each representing 5.15% shareholding in Bursa Malaysia Berhad ("Bursa") by virtue of the following:- (a) 23,161,900 Bursa shares in Account No. 1 to 7 are held by Aberdeen Asset Management PLC (“Aberdeen”) and its subsidiaries, of which MUFG's wholly-owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holds more than 15% interest in shares of Aberdeen; (b) 4,032,400 Bursa shares in Account No. 8 are held by Mitsubishi UFJ Asset Management Co. Ltd. (“MUAM”), being wholly-owned subsidiary of MUFG; and (c) 195,258 Bursa shares in Account No. 9 and 10 are held by Morgan Stanley Group, of which MUFG holds more than 15% interest in shares of Morgan Stanley Group. This announcement is made based on Form 29B dated 1 July 2013 which was submitted by MUFG to Bursa on 2 July 2013. |
BURSA - 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 Name | BURSA MALAYSIA BERHAD |
Stock Name | BURSA |
Date Announced | 2 Jul 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | BM-130702-E80EC |
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 | 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board Level 42, Menara Citibank 165, Jalan Ampang 50450 Kuala Lumpur 2. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) Level 42, Menara Citibank 165, Jalan Ampang 50450 Kuala Lumpur 3. Employees Provident Fund (EPF) Board Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 27/06/2013 | 1,000,000 |
Remarks : |
31,536,394 ordinary shares of RM0.50 each represented 5.92% shareholding in Bursa Malaysia Berhad ("Bursa"):- (a) 30,036,394 Bursa shares are held under nominees accounts with Citigroup Nominees (Tempatan) Sdn Bhd ("CNT") i.e. 29,162,894 Bursa shares in Account No. 1, and 873,500 Bursa shares in Account No. 2 remained unchanged; (b) 1,500,000 Bursa shares are held directly by EPF Board. This announcement is made based on Form 29B dated 28 June 2013 which was submitted by CNT to Bursa on 2 July 2013. |
KULIM - Changes in Sub. S-hldr's Int. (29B) - Johor Corporation
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company Name | KULIM (MALAYSIA) BERHAD |
Stock Name | KULIM |
Date Announced | 2 Jul 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | JC-130702-258BF |
Particulars of substantial Securities Holder
Name | Johor Corporation |
Address | Level 2, Persada Johor International Convention Centre, Jalan Abdullah Ibrahim, 80000 Johor Bahru, Johor |
NRIC/Passport No/Company No. | PJECT41968 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.25 each |
Name & address of registered holder | Waqaf An-Nur Corporation Berhad Suite 12B, Level 12 Menara Ansar, 65 Jalan Trus, 80000 Johor Bahru, Johor |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 27/06/2013 | 69,600 |
UTDPLT - 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 Name | UNITED PLANTATIONS BERHAD |
Stock Name | UTDPLT |
Date Announced | 2 Jul 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | UP-130702-75C19 |
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 ACT1991 |
Nationality/Country of incorporation | MALAYSIA |
Descriptions (Class & nominal value) | ORDINARY SHARES OF RM1.00 EACH FULLY PAID |
Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD 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) |
Acquired | 27/06/2013 | 100,000 |
Remarks : |
The total number of 26,112,598 shares are comprised of the following: (a) 23,247,598 shares registered in the name of Citigroup Nominees (Tempatan) Sdn. Bhd. (Employees Provident Fund Board) (b) 1,500,000 shares registered in the name of Employees Provident Fund Board. (c) 1,365,000 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd (Employees Provident Fund) (Aberdeen) The Form 29B was received on 2 July 2013. |
UTDPLT - Changes in Sub. S-hldr's Int. (29B) - MITSUBISHI UFJ FINANCIAL GROUP. INC (MUFG)
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company Name | UNITED PLANTATIONS BERHAD |
Stock Name | UTDPLT |
Date Announced | 2 Jul 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | UP-130702-16998 |
Particulars of substantial Securities Holder
Name | MITSUBISHI UFJ FINANCIAL GROUP. INC (MUFG) |
Address | 7-1, MARUNOUCHI 2-CHOME CHIYODA-KU, TOKYO 100-8330, JAPAN |
NRIC/Passport No/Company No. | NA |
Nationality/Country of incorporation | JAPAN |
Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each fully paid |
Name & address of registered holder | Aberdeen Asset Management PLC and its Subsidiaries ("Aberdeen") 10 Queen's Terrace, Aberdeen, AB10 1YG, Scotland |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 26/06/2013 | 35,000 |
Remarks : |
Form 29B was received on the 2 July 2013. |
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