July 29, 2013

Company announcements: AZRB, EUROSP, PERDANA, JAYCORP, DPS, PA, PWROOT

AZRB - OTHERS CONTRACT AGREEMENT FOR THE ALFAISAL UNIVERSITY CAMPUS DEVELOPMENT PROJECT PHASES 1 & 2, RIYADH, SAUDI ARABIA

Announcement Type: General Announcement
Company NameAHMAD ZAKI RESOURCES BERHAD  
Stock Name AZRB  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoAZ-130729-60767

TypeAnnouncement
SubjectOTHERS
DescriptionCONTRACT AGREEMENT FOR THE ALFAISAL UNIVERSITY CAMPUS DEVELOPMENT PROJECT PHASES 1 & 2, RIYADH, SAUDI ARABIA

Subsequent to our announcement made on 3 September 2010 in relation to the Contract Agreement with Alfaisal University (“AFU”) for Alfaisal University Campus Development Project Phase 1 & 2 in Riyadh, Saudi Arabia (“the Contract”), the Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) is pleased to announce that the Company has on 29 July 2013 received notification that the Sole Arbitrator in ICC Arbitration case No. 17768/ND/MCP, AZRB  Vs AFU and King Faisal Foundation (“KFF”) pertaining to the Contract (“the Arbitration”) has issued his final judgement and award. In the aforesaid final judgement and award, the Sole Arbitrator had ordered AFU and KFF to jointly and severally pay to AZRB the total amount of SAR 92,570,300 in respect of claims made by the Company in the Arbitration. The Company through its Legal Counsels in Riyadh, Saudi Arabia is now taking all necessary steps to execute the aforesaid judgement and award.

This announcement is dated 29 July 2013.



EUROSP - Quarterly rpt on consolidated results for the financial period ended 31/5/2013

Announcement Type: Financial Results
Company NameEUROSPAN HOLDINGS BERHAD  
Stock Name EUROSP  
Date Announced29 Jul 2013  
CategoryFinancial Results
Reference NoCC-130729-56732

Financial Year End31/05/2013
Quarter4
Quarterly report for the financial period ended31/05/2013
The figureshave not been audited

Attachments

Eurospan_20130531.pdf
71 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/05/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/05/2013
31/05/2012
31/05/2013
31/05/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
14,887
15,949
60,902
63,958
2Profit/(loss) before tax
1,170
-4,503
3,674
-4,637
3Profit/(loss) for the period
843
-4,506
2,977
-3,782
4Profit/(loss) attributable to ordinary equity holders of the parent
843
-4,506
2,977
-3,782
5Basic earnings/(loss) per share (Subunit)
1.90
-10.14
6.70
-8.51
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


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 ($$)
0.9413
0.8742
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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


EUROSP - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameEUROSPAN HOLDINGS BERHAD  
Stock Name EUROSP  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130729-56455

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
Description1. Introduction

Pursuant to paragraph 8.23(1)(ii) of the Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Eurospan Holdings Berhad ("EUROSP" or "the Company") wishes to announce that its wholly-owned subsidiary, Eurospan Furniture Sdn Bhd ("EUR") has rendered financial assistance to suppliers of materials as at the fourth quarter ended 31 May 2013.


2. Details of the provision of financial assistance

Please refer to table 1 below.

The advances given by EUR to the suppliers of raw materials are at no fixed terms of repayment.


3. Rationale for the provision of financial assistance

The Provision of Financial Assistance is to secure the supply of raw materials and is necessary to facilitate the ordinary course of business of EUR.


4. Financial Effects

4.1 Share capital
The provision of financial assistance has no effect on the share capital and shareholdings structure of EUROSP for the quarter ended 31 May 2013.

4.2 Earnings
There is no material impact on the earnings of EUROSP for the quarter ended 31 May 2013.

4.3 Net Assets ("NA")
There is no material impact on the NA of EUROSP for the quarter ended 31 May 2013.

5. Directors and substantial shareholders' interest

None of the Directors of EUROSP, substantial shareholders and person connected with the Directors and substantial shareholders of EUROSP has any interest, whether direct or indirect, in the provision of financial assistance.


This announcement is dated 29th July, 2013.

Table 1

Type of Financial Assistance

Financial Assistance

As at 1 March 2013

During the quarter ended 31 May 2013

As at 31 May 2013

Provided By

Provided To

Interest Free Cash Advance

EUR

Suppliers of raw materials

RM11,658

(RM215)

RM11,443



PERDANA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoCA-130729-48360

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionPerdana Petroleum Berhad ("the Company") has received today, the notification from En. Surya Hidayat bin Abdul Malik and En. Shamsul bin Saad of their intention to trade during the closed period pursuant to paragraph 14.08 of the Main Market Listing Requirements.

En Surya Hidayat bin Abdul Malik currently does not hold any securities in the Company.

En Shamsul bin Saad's securities holding as at 29 July 2013 are as follows:

Direct Interest
Ordinary Shares - 2,084,375 (0.41%)
Warrants 2010/2015 - 23,437 (0.05%)

Indirect Interest
Ordinary Shares - 25 (0.00%)
Warrants 2010/2015 - 1,312 (0.00%)

This announcement is dated 29 July 2013.



JAYCORP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameJAYCORP BERHAD  
Stock Name JAYCORP  
Date Announced29 Jul 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130729-59636

Date of buy back29/07/2013
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.525
Maximum price paid for each share purchased ($$)0.525
Total consideration paid ($$)5,297.58
Number of shares purchased retained in treasury (units)10,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)452,900
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 (%)0.33


DPS - Annual Audited Accounts - 31 March 2013

Announcement Type: PDF Submission
Company NameDPS RESOURCES BERHAD  
Stock Name DPS  
Date Announced29 Jul 2013  
CategoryPDF Submission
Reference NoCC-130727-69964

SubjectAnnual Audited Accounts - 31 March 2013

Attachments

DPS AFS 2013.pdf
1049 KB






PA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130729-33565

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionP.A. RESOURCES BERHAD ("PA" or "the Company")
- NOTICE OF INTENTION TO DEAL IN COMPANY’S SHARES DURING CLOSED PERIOD

Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to inform that Dato' Ng Tong Hai, a Director of PA intends to deal in the securities of PA during the closed period prior to the targeted date of announcement of the quarterly results for the financial quarter ended 30 June 2013. His current shareholdings in PA is as per the table below:-

Name of Director

Direct Interest

Indirect Interest

No. of Ordinary Shares

%

No. of Ordinary Shares

%

Dato’ Ng Tong Hai

187,853,900

21.83

3,435,000

0.39


This announcement dated 29 July 2013.

Remarks:
Deemed interest by virtue of shareholdings in Reka Roller Shutter Sdn. Bhd. (2,845,000) and shares held by his wife, Liew Yoke Keng (300,000) and (290,000) via Maybank Nominees (Tempatan) Sdn. Bhd. pledged securities account for Liew Yoke Keng respectively.


PA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130729-D2162

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionP.A. RESOURCES BERHAD ("PA" or "the Company")
- NOTICE OF INTENTION TO DEAL IN COMPANY’S SHARES DURING CLOSED PERIOD

Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to inform that Mr Chiam Soon Hock, a Director of PA intends to deal in the securities of PA during the closed period prior to the targeted date of announcement of the quarterly results for the financial quarter ended 30 June 2013. His current shareholdings in PA is as per the table below:-

Name of Director

Direct Interest

Indirect Interest

No. of Ordinary Shares

%

No. of Ordinary Shares

%

Chiam Soon Hock

750,000

0.87

Nil

Nil


This announcement dated 29 July 2013.




PWROOT - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced29 Jul 2013  
CategoryGeneral Meetings
Reference NoC&-130729-CCC05

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting29/07/2013
Time02:30 PM
VenueNo 1 Jalan Sri Plentong,
Taman Perindustrian Sri Plentong,
81750 Masai, Johor
Outcome of Meeting

The Board of Directors of Power Root Berhad ("Power Root") is pleased to announce that all resolutions set out in the notice of the Seventh Annual General Meeting ("AGM") dated 28 June 2013, tabled at the Seventh AGM held on 29 July 2013 at No. 1, Jalan Sri Plentong, Taman Perindustrian Sri Plentong, 81750 Masai, Johor, were duly passed by the shareholders of Power Root.

This announcement is dated 29 July 2013.



PWROOT - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced29 Jul 2013  
CategoryGeneral Meetings
Reference NoC&-130729-CCC03

Type of MeetingEGM
IndicatorOutcome of Meeting
Date of Meeting29/07/2013
Time03:00 PM
VenueNo 1 Jalan Sri Plentong,
Taman Perindustrian Sri Plentong,
81750 Masai, Johor
Outcome of Meeting

The Board of Directors of Power Root Berhad ("Power Root") is pleased to announce that the resolution set out in notice of the Extraordinary General Meeting ("EGM") dated 28 June 2013, tabled at the EGM held on 29 July 2013 at No. 1, Jalan Sri Plentong, Taman Sri Plentong, 81750 Masai, Johor, was duly passed by the shareholders of Power Root.

This announcement is dated 29 July 2013.



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