KFM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | KUANTAN FLOUR MILLS BHD |
| Stock Name | KFM |
| Date Announced | 16 Jul 2013 |
| Category | General Announcement |
| Reference No | CM-130716-63236 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||
| Description | Kuantan Flour Mills Berhad ( “ KFM” or “ the Company”) | ||||||||||||
Pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that a Director, Mr. Dennis Tow Jun Fye has transacted dealing in the securities of the Company. The details as set out in the table below:
This announcement is dated 16 July 2013. | |||||||||||||
SALCON - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 16 Jul 2013 |
| Category | General Announcement |
| Reference No | CK-130716-7D6F3 |
| Type | Announcement | ||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||
| Description | DEALING BY DIRECTOR IN THE SECURITIES OF SALCON BERHAD ("SALCON") OUTSIDE CLOSED PERIOD | ||||||||||
Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director of Salcon has given notice of his dealing in the securities of Salcon as set out below:- Exercise of Options under Employees’ Share Option Scheme by Director
* The percentage is calculated based on the latest issued and paid-up share capital of Salcon of 535,926,884 Ordinary Shares of RM0.50 each as at 3 July 2013.
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LPI - Changes in Director's Interest (S135) - Tee Choon Yeow
| Company Name | LPI CAPITAL BHD |
| Stock Name | LPI |
| Date Announced | 16 Jul 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | LC-130716-62673 |
Information Compiled By KLSE
Particulars of Director
| Name | Tee Choon Yeow |
| Address | 617 Jalan Sungei Ujong Taman Bukit Kaya 70200 Seremban |
| Descriptions(Class & nominal value) | 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) |
Disposed | 4,500 | 15.626 |
| Circumstances by reason of which change has occurred | Disposal of Shares |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 25,500 |
| Indirect/deemed interest (%) | 0.0116 |
| Date of notice | 16/07/2013 |
| Remarks : |
| The percentage of Mr Tee Choon Yeow's indirect interests in LPI Capital Bhd's (LPI) shares is computed based on the total number of LPI shares in issue excluding a total of 1,014,600 LPI shares bought-back by LPI and retained as treasury shares as at 16 July 2013. |
LPI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | LPI CAPITAL BHD |
| Stock Name | LPI |
| Date Announced | 16 Jul 2013 |
| Category | General Announcement |
| Reference No | LC-130716-62583 |
| Type | Announcement | |||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||
| Description | Pursuant to Paragraph 14.09(a) under Chapter 14 of Bursa Malaysia Securities Berhad Listing Requirements on Dealing in Securities, we wish to notify that we have received notification from the following Director of LPI Capital Bhd (LPI) in relation to his dealings in LPI outside closed period as follow :- | |||||||||||||||||||||
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SPSETIA - OTHERS CHANGE OF NAME OF SUBSIDIARY - BUKIT INDAH (SELANGOR) SDN BHD TO SETIA ECOHILL 2 SDN BHD
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 16 Jul 2013 |
| Category | General Announcement |
| Reference No | SP-130716-55504 |
| Type | Announcement |
| Subject | OTHERS |
| Description | CHANGE OF NAME OF SUBSIDIARY - BUKIT INDAH (SELANGOR) SDN BHD TO SETIA ECOHILL 2 SDN BHD |
The Board of Directors of S P Setia Berhad wishes to announce that its wholly owned subsidiary, BUKIT INDAH (SELANGOR) SDN BHD, has changed its name to SETIA ECOHILL 2 SDN BHD with effect from 12 July 2013. The Certificate of Incorporation on Change of Name of Company was received on 16 July 2013. This announcement is dated 16 July 2013. | |
PMETAL-LA - Loan Stock Interest
| Company Name | PRESS METAL BERHAD |
| Stock Name | PMETAL-LA |
| Date Announced | 16 Jul 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-130702-99975 |
MAXTRAL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | MAXTRAL INDUSTRY BERHAD |
| Stock Name | MAXTRAL |
| Date Announced | 16 Jul 2013 |
| Category | General Announcement |
| Reference No | CC-130716-34923 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DISPOSAL OF LAND HELD UNDER PN36381, LOT 189, SECTION 44 DISTRICT OF KUALA LUMPUR ("PROPERTY") BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF STEADMONT DEVELOPMENT SDN BHD (RECEIVER AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE) |
The Board of Directors of Maxtral Industry Berhad (585401-H) ("Maxtral" or the "Company") wishes to announce that Steadmont Development Sdn Bhd (Receivers and Managers Appointed over property charged under (debenture) ("SDSB"), a wholly owned subsidiary of the Company has on 26th June 2013 entered into a Sales and Purchase Agreement ("SPA") with Suriamas Lumayan Sdn Bhd (879451-P) in respect of the disposal of Property. 1. INFORMATION OF SDSB SDSB was incorporated on 26th June 2006 under the Companies Act, 1965. The present authorised share capital of SDSB is 10,000,000 ordinary shares of RM1.00 each of which 10,000,000 ordinary shares of RM1.00 each have been issued and fully paid-up. On 20 December 2012, Dato' Gan Ah Tee and Mr Mok Chew Yin had been jointly and/or severally appointed as the Receivers and Managers over the Property by OSK Investment Berhad ("OSKIB") under the power contained in the Debenture dated 24 February 2011 between SDSB and OSKIB registered as Charge No. 001 in the Register of Charges maintained by the Company Commission of Malaysia. 2. DETAILS OF PURCHASERS The purchaser, namely Suriamas Lumayan Sdn Bhd (879451-P), a company limited by shares incorporated in Malaysia under Companies Act 1965 with its registered address at No. 5-3, Jalan 109F, Plaza Danau Desa, 58100 Kuala Lumpur, Malaysia ("Purchaser"). 3. DETAILS OF THE TRANSACTION On 3rd July 2013, Maxtral is informed by the Receivers and Managers that SDSB has on 26th June 2013 entered into a SPA with the Purchaser in respect of the sale of the Property held under Title No. PN36381 (formerly held under HSD110744) Lot 189, Section 44, District of Kuala Lumpur measuring approximately 2,377 square meters in area for a total consideration of RM33,888,888.00 (Ringgit Malaysia Thirty Three Million Eight Hundred Eighty Eight Thousand Eight Hundred Eighty Eight Only) ("the Purchase Price"). The Receiver and Managers has on 12th July 2013 confirmed that the information provided pertaining to the disposal of the Property is accurate and sufficient for the public announcement via Bursa Malaysia Berhad's web portal. 4. ORIGINAL COST TO INVESTMENT AND DATE OF INVESTMENT The original cost of investment is RM9,331,502.40 (Ringgit Malaysia Nine Million Three Hundred Thirty One Thousand Five Hundred Two and Cents Forty Only) in 8th May 2007. 5. LIABILITIES TO BE ASSUMED BY THE PURCHASERS The Purchasers will purchase the Property free from all lien, charges and encumbrances and with all rights attached to them. 6. EXPECTED GAINS The gains arising from the disposal of Property is approximately RM24,557,385.60 (Ringgit Malaysia Twenty Four Million Five Hundred Fifty Seven Thousand Three Hundred Eighty Five and Cents Sixty Only). 7. SALIENT TERMS OF TRANSACTION The consideration for the Transaction shall be/has been paid in the following manner:- (i) A sum of RM500,000.00 (Ringgit Malaysia Five Hundred Thousand Only) ("the Earnest Deposit") has been paid to the SDSB and the payment shall be deemed to be payment to SDSB as earnest deposit and constituting part payment towards the Purchase Price. (ii) A sum of RM2,888,888,80 (Ringgit Malaysia Two Million Eight Hundred Eighty Eight Thousand Eight Hundred Eighty Eight and Cents Eighty Only) ("the Balance Deposit") being the balance of the deposit and constituting further part payment toward the Purchase Price shall be paid to SDSB upon execution of the SPA. (iii) The balance ninety percent (90%) of the Purchase Price amounting to RM30,499,999.20 (Ringgit Malaysia Thirty Million Four Hundred Ninety Nine Thousand Nine Hundred Ninety Nine and Cents Twenty Only) ("The Balance Purchase Price") shall be paid in the following manner: (a) A sum equal to the Redemption Sum shall be paid or caused to be paid by the Purchaser to SDSB upon the receipt by the solicitors acting for the Purchaser's Financier of the redemption statement cum undertaking. It is agreed that the whole or such part of the Balance Purchase Price, as many be necessary, shall be utilised by SDSB's Solicitors to pay the OSKIB the redemption sum in order to redeem the Property and to effect the Discharge (b) The balance, if any ("Final Balance"), of the Balance Purchase Price after the payment of the Redemption Sum shall be paid or caused to be paid by the Purchaser to SDSB's Solicitors as stakeholders within Four (4) months from the date of the execution of this Agreement (the "Completion Period"); and the date within the Completion Period on which the Final Balance is received by the Vendor's Solicitors as stakeholders shall be referred to as the "Completion Date"; and (c) SDSB's Solicitors shall be authorised to release and pay to SDSB the Final Balance after fourteen (14) days of the date of presentation of the transfer of the Property. 8. UTILISATION OF SALE PROCEEDS FROM THE DISPOSAL OF PROPERTY The sale proceeds from the disposal of Property will be utilised for the settlement of borrowing due to OSKIB, i.e. RM20.0 Million Bridging Term Loan and RM50.0 Term Loan ("Bank Borrowing"). 9. EFFECTS OF THE DISPOSAL OF PROPERTY 9.1 Share capital and shareholding structure of the substantial shareholders The diposal of Property will not have any effect on the issued and paid-up share capital and shareholdings of substantial shareholder of Maxtral. 9.2 Next Tangible Assets (NTA) Per Share After the disposal of the Property, the NTA per share of Maxtral is expected to decrease from RM0.15 per share to RM0.10 per share. 9.3 Earning Per Share There is no significant impact on the earning per share after the disposal of the Property. 9.4 Gearing There is an improvement on gearing ratio from 1.97 to 0.92 after the disposal of the Property on the assumption that the proceeds from the disposal is fully utilised to repay the bank borrowing. 10. APPROVAL REQUIRED Pursuant to the Companies Act 1965, Section 132C(4), the above disposal of Property is not subject to any approval from the shareholders or any relevant authorities. 11. ESTIMATED TIME FRAME FOR COMPLETION The dsposal of Property is expected to be completed within four (4) months from the date of the execution of the SPA. 12. THE HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to the Proposed Disposal is 121% pursuant to paragraph 10.02(g) of the Main Market Listing Requirements. 13. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors or major shareholders, have any interest, direct or indirect, in the disposal of the Property. 14. STATEMENT BY THE BOARD OF DIRECTORS AND AUDIT COMMITTEE The Board of Directors and Audit Committee of Maxtral, having considered all aspects of the disposal of the Property, is of the opinion that they are in the best interest of the Company. 15. DOCUMENT FOR INSPECTION A copy of the SPA is available for inspection at the Receivers and Managers' Registered Office at BDO Consulting Sdn Bhd, 12th Floor, Menara Uni, Asia 1008, Jalan Sultan Ismail, 50250 Kuala Lumpur during the normal business hours from Monday to Friday (except public holidays). This announcement is dated 16th July 2013. | |
GADANG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 16 Jul 2013 |
| Category | General Announcement |
| Reference No | GH-130716-39920 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DISPOSAL OF 65% EQUITY INTEREST IN PT. SARANA CATUR TIRTAKELOLA ("SCTK") AND 10% EQUITY INTEREST IN PT. SARANA TIRTA REJEKI ("STR") |
1. INTRODUCTION Gadang Holdings Berhad ("Gadang" or "the Company") wishes to announce that the Company's indirect wholly-owned subsidiary, Asian Utilities Pte Ltd ("AUPL"), a company incorporated in Singapore, has on 16 July 2013 entered into a Conditional Sale and Purchase of Shares Agreement ("SPA") with Hj. Ratna Dewi Panduwinata ("the Purchaser") to dispose of 5,800 shares representing its entire 65% equity interest in PT. Sarana Catur Tirtakelola ("SCTK") and 700 shares representing its entire 10% equity interest in PT. Sarana Tirta Rejeki ("STR"), for a total consideration of Indonesian Rupiah (IDR) 6.5 billion (equivalent to approximately RM2.1 million) ("the Disposal"). Upon completion, SCTK and STR will cease to be indirect subsidiaries of the Company. 2. INFORMATION ON SCTK and STR SCTK, a company incorporated in Indonesia is the holder of a water supply concession with rights to develop up to 2100 litres per second of treated water supply for the eastern part of Kabupaten Serang, Propensi Banten, Republic of Indonesia ("the Concession"). STR, a company incorporated in Indonesia has been assigned with 100 litres per second of water supply under the Concession. 3. BASIS OF ARRIVING AT THE SALE CONSIDERATION The total consideration of the Disposal was arrived at on a willing-buyer-willing seller basis and is equal to the original investment made by AUPL in SCTK and STR. 4. RATIONALE AUPL's business objective in its investment in SCTK and STR was not achieved as a result of SCTK not able to secure the award of the concession to transfer treated water from the territory of Kabupaten Serang to the territory of Kabupaten Tangerang ("Serang-Tangerang project") from the authorities in Indonesia. As such, the Company is pleased to dispose of its 65% equity interest in SCTK and 10% equity interest in STR at cost. 5. APPROVALS REQUIRED The Disposal is conditional upon SCTK and STR obtaining approval from the Indonesia Investment Coordination Board. The Disposal is not subject to the approval of the shareholders of Gadang. 6. DIRECTORS' AND/OR MAJOR SHAREHOLDERS' INTERESTS None of the Directors or major shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the Disposal. The Disposal will not have any significant effect on the earnings or net assets of the Company for the financial year ending 31 May 2014. | |
RCECAP - Notice of Shares Buy Back - Immediate Announcement
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 16 Jul 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | RC-130716-24EC3 |
FITTERS - Changes in Sub. S-hldr's Int. (29B) - Dato' Wong Swee Yee
| Company Name | FITTERS DIVERSIFIED BERHAD |
| Stock Name | FITTERS |
| Date Announced | 16 Jul 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130716-50530 |
Particulars of substantial Securities Holder
| Name | Dato' Wong Swee Yee |
| Address | 27, Jalan Daya 2 Taman Daya Kepong 52100 Kuala Lumpur |
| NRIC/Passport No/Company No. | 570919-10-5161 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | Dato' Wong Swee Yee 27, Jalan Daya 2 Taman Daya Kepong 52100 Kuala Lumpur Allliancegroup Nominees (Tempatan) Sdn. Bhd. 3rd Floor, Menara Multi-Purpose Capital Sequare No. 8, Jalan Munshi Abdullah 50100 Kuala Lumpur HDM Nominees (Tempatan) Sdn. Bhd. Levels 2, 3, 4, 7 & 9 Wisma Sri Pinang 60 Green Hall 10200 Georgetown Penang EB Nominees (Tempatan) Sdn. Bhd. Ground Floor, Wisma Cyclecarri 288, Jalan Raja Laut 50350 Kuala Lumpur RHB Capital Nominees (Tempatan) Sdn. Bhd. Level 10, Tower One RHB Centre Jalan Tun Razak 50400 Kuala Lumpur Datin Goh Hooi Yin 27, Jalan Daya 2 Taman Daya Kepong 52100 Kuala Lumpur Wong Swee Seong No. 58-1, Jalan Damar SD 15/3 PJU 9, Bandar Sri Damansara 52200 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Others | 12/07/2013 | 3,056,471 |
| Remarks : |
| Direct Interest: - Name of Total no. of shares Percentage Registered held after change (%) Holders ________________ ________________ __________ Dato' Wong Swee Yee 3,544,006 1.20 Alliancegroup Nominees 34,048,333 11.48 (Tempatan) Sdn Bhd HDM Nominees 17,575,777 5.93 (Tempatan) Sdn. Bhd. EB Nominees 21,595,840 7.28 (Tempatan) Sdn. Bhd. RHB Capital Nominees 17,986,716 6.06 (Tempatan) Sdn. Bhd. -------------------------- ------------------ 94,750,672 31.95 ============= ========= Indirect Interest: - Name of Total no. of shares Percentage Registered held after change (%) Holders ________________ ________________ __________ Datin Goh Hooi Yin 1,531,012* 0.52* Wong Swee Seong 58,932* 0.02* -------------------------- ------------------ 1,589,944* 0.54* ============= ========= *Deemed interested in his spouse, Datin Goh Hooi Yin's and his brother, Mr. Wong Swee Seong's, direct shareholdings in FITTERS Diversified Berhad by virtue of Section 134(12)(c) of the Companies Act, 1965. The Form 29B was received by the Company on 16 July 2013. |
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