July 8, 2013

Company announcements: CRESNDO, Y&G, HUBLINE, ATLAN, XIANLNG, TOYOINK, BKOON, FAVCO

CRESNDO - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameCRESCENDO CORPORATION BERHAD  
Stock Name CRESNDO  
Date Announced8 Jul 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCC-130708-026CC

Date of buy back from25/06/2013
Date of buy back to28/06/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)94,000
Minimum price paid for each share purchased ($$)2.740
Maximum price paid for each share purchased ($$)3.060
Total amount paid for shares purchased ($$)269,970.50
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)94,000
Total number of shares retained in treasury (units)94,000
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies08/07/2013
Lodged by Tacs Corporate Services Sdn. Bhd.


Y&G - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company NameY&G CORPORATION BHD  
Stock Name Y&G    
Date Announced8 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130708-58901

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionY&G CORPORATION BHD (“Y&G” OR THE “COMPANY”)
PROPOSED EXTENSION OF TIME TO COMPLY WITH THE PUBLIC SHAREHOLDING SPREAD REQUIREMENT

Further to our announcement dated 21 May 2013, the Board of Directors of Y&G wishes to announce that the Company had on 8 July 2013 submitted an application to Bursa Malaysia Securities Berhad ("Bursa Securities") to seek a further extension of time of twelve (12) months from 30 June 2013 to 30 June 2014 to comply with the required 25% public shareholding spread requirement pursuant to Paragraph 8.02 (1) of Bursa Securities Main Market Listing Requirements.

This announcement is dated 8 July 2013.



Y&G - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameY&G CORPORATION BHD  
Stock Name Y&G    
Date Announced8 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130708-80F4F

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionY&G CORPORATION BHD (“Y&G”)
- Kuching High Court Originating Summons No : KCH-24-99/6-2013 (“the Case”)
John & Partners Construction Sdn Bhd (“the Plaintiff”) Vs Y&G (“the Defendant”)

The Board of Directors of Y&G wishes to announce that on 8 July 2013, an Originating Summons with its Affidavit in Support, both dated 25 June 2013, have been served on Y&G by Messrs Arthur Lee, Lin & Co. Advocates, acting for the Plaintiff, seeking a declaration from the Court that Y&G [being the only major shareholder of Merces Builders Sdn Bhd (“MBSB”) which in turn wholly owns Merces Builders (S) Sdn Bhd (“MBSSB”)] be personally responsible to the Plaintiff for all of the debts or other liabilities of MBSB and MBSSB (both are wound up companies) to the Plaintiff. They further seek an order for Y&G to pay the Plaintiff a sum of RM383,400.00 being the redemption sum paid by the Plaintiff but which by an order of court should have been paid by MBSSB before it was wound up, costs of this application and any further or other reliefs as deem fit in the circumstances.

The Court has fixed the above Originating Summons for hearing on 26 July 2013.

Y&G will seek legal advice to defend against the said Summons.

Further announcement on any material development of the above Case will be made in due course.

This announcement is dated 8 July 2013.



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

Announcement Type: General Announcement
Company NameHUBLINE BERHAD  
Stock Name HUBLINE  
Date Announced8 Jul 2013  
CategoryGeneral Announcement
Reference NoCS-130708-240D3

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description
The Board of Directors of Hubline Berhad wishes to announce that pursuant to Chapter 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Richard Wee Liang Huat @ Richard Wee Liang Chiat, a Director of Hubline Berhad has transacted in the securities of HUBLINE BERHAD. Details of the transaction are shown below.

This announcement is made on 8th July 2013.
Name of Director

Date of Disposal

Average price per share

No. of ordinary shares Disposed

Percentage of the Company's issued share capital
    RICHARD WEE LIANG HUAT @ RICHARD WEE LIANG CHIAT

8.7.2013

RM0.05

56,000,000

1.728%



HUBLINE - Changes in Director's Interest (S135) - Richard Wee Liang Huat @ Richard Wee Liang Chiat

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHUBLINE BERHAD  
Stock Name HUBLINE  
Date Announced8 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-130708-23F93

Information Compiled By KLSE

Particulars of Director

NameRichard Wee Liang Huat @ Richard Wee Liang Chiat
AddressNo. 33, Jalan Ong Hup Leong, 93200 Kuching, Sarawak.
Descriptions(Class & nominal value)Ordinary Shares of RM0.20 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
08/07/2013
56,000,000
0.050 

Circumstances by reason of which change has occurredOff Market Deal
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)75,750,000 
Direct (%)2.337 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice08/07/2013


ATLAN - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameATLAN HOLDINGS BERHAD  
Stock Name ATLAN  
Date Announced8 Jul 2013  
CategoryGeneral Meetings
Reference NoCS-130708-270AD

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionTwenty-Fourth Annual General Meeting
Date of Meeting31/07/2013
Time11:30 AM
VenueMeeting Room, Wisma Atlan, 8 Persiaran Kampung Jawa, 11900 Bayan Lepas, Penang
Date of General Meeting Record of Depositors25/07/2013

Attachments

Atlan-Notice of AGM.pdf
213 KB



XIANLNG - Annual Report 2013

Announcement Type: Document Receipt
Company NameXIAN LENG HOLDINGS BERHAD  
Stock Name XIANLNG  
Date Announced8 Jul 2013  
CategoryDocument Receipt
Reference NoGR-130708-56070

Annual Report for Financial Year Ended31/01/2013
SubjectAnnual Report 2013

Attachments

XIANLNG-AnnualRpoert2013.pdf
3232 KB






TOYOINK - OTHERS

Announcement Type: General Announcement
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced8 Jul 2013  
CategoryGeneral Announcement
Reference NoCS-130708-50776

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-130705-44325
SubjectOTHERS
DescriptionTOYO INK GROUP BERHAD (“TIGB” OR “THE COMPANY”)
PROPOSED RATIFICATION OF THE DIVERSIFICATION OF BUSINESS OF TIGB AND ITS SUBSIDIARY COMPANIES INTO ELECTRIC POWER GENERATION VIA THE PROPOSED INVESTMENT IN A 2 x 1,000 MEGAWATT COAL-FIRED THERMAL POWER PLANT IN VIETNAM ON A BUILD, OPERATE AND TRANSFER BASIS("PROJECT")(“PROPOSED RATIFICATION”)
Query Letter Contents We refer to your Company's announcement dated 3 July 2013 in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

The estimated breakdown for the total development cost of the Project.
Any other financial commitment(s) apart from the total development cost to be
incurred by TOYOINK.
The estimated timeframe to complete the Project.
The operational and financial impact (if any) on the Group arising from the
Proposed Diversification.
Elaboration on the status of the PPA, CSTA, requisite licenses and permits as
mentioned in Section 2.3(f) and the potential risk factors.
Brief elaboration on the Post-Completion Risk(s).
A section on the policies on foreign investments and repatriation of profits of
Vietnam.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully



SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

WCY/NM
copy to:- General Manager & Head, Market Surveillance Department, Market
Oversight Division, Securities Commission (via fax)

The definitions used herein shall have the same meaning as previously defined in the Company’s announcement dated 3 July 2013 in relation to the Proposed Ratification (“Announcement”).

We refer to your letter (ref : NM-130705-44325) dated 5 July 2013, wherein Bursa Malaysia Securities Berhad (“Bursa”) had requested for additional information pertaining to our announcement in respect of the Proposed Ratification.

Please refer to the attachment for the additional information for public release.



BKOON - Profile for Warrants

Announcement Type: Listing Information & Profile
Company NameBOON KOON GROUP BERHAD  
Stock Name BKOON-WA  
Date Announced8 Jul 2013  
CategoryListing Information & Profile
Reference NoMB-130704-54946

Instrument TypeWarrants
DescriptionFree detachable warrants (“Warrants”) issued pursuant to the renounceable rights issue of 138,375,000 new ordinary shares of RM0.20 each (“Rights Shares”) together with 138,375,000 free Warrants at an issue price of RM0.20 per Rights Share on the basis of one (1) Rights Share together with one (1) free Warrant for every one (1) existing ordinary share of RM0.20 each (“Share”) held as at 5.00 p.m. on 12 June 2013 in Boon Koon Group Berhad (“Rights Issue”) 
Listing Date10/07/2013
Issue Date08/07/2013
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit138,375,000
Maturity Date07/07/2023
Revised Maturity Date 
Exercise/ Conversion Period10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.2000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 warrant : 1 ordinary share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The Warrants are issued free to the subscribers of the Rights Issue on the basis of one (1) Rights Share together with one (1) free Warrant for every one (1) Share held on 12 June 2013.

Each Warrant entitles the holder to subscribe for one (1) new Share at the exercise price of RM0.20, which shall be satisfied in cash, at any time during the exercise period, subject to adjustments in accordance with the provisions of the Deed Poll dated 27 May 2013. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.

The announcement is dated 8 July 2013.


FAVCO - FAVCO-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company NameFAVELLE FAVCO BERHAD  
Stock Name FAVCO  
Date Announced8 Jul 2013  
CategoryListing Circular
Reference NoZA-130708-43849

LISTING'S CIRCULAR NO. L/Q : 68299 OF 2013


    Kindly be advised that the abovenamed Company's additional 4,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 10 July 2013.


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