July 8, 2013

Company announcements: KINSTEL, PRTASCO, IBRACO, WASEONG, SCABLE

KINSTEL - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dato' Sri Pheng Yin Huah

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced8 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130708-54461

Particulars of substantial Securities Holder

NameTan Sri Dato' Sri Pheng Yin Huah
AddressA-5188, Lorong Kubang Buaya 80
25250 Kuantan, Pahang Darul Makmur
NRIC/Passport No/Company No.480702-06-5091
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderRHB Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd).

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed03/07/2013
1,000,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect
Direct (units)37,955,495 
Direct (%)3.64 
Indirect/deemed interest (units)349,604,255 
Indirect/deemed interest (%)33.56 
Total no of securities after change387,559,750
Date of notice08/07/2013

Remarks :
Deemed interest by virtue of his shareholdings in Perniagaan Kin Kee Sdn Bhd, Kin Kee Holdings Sdn Bhd, Kin Kee Hardware Sdn Bhd and Kin Kee Metal Sdn Bhd pursuant to Section 6A of the Companies Act, 1965

The direct interest of 37,955,495 shares comprises the following:

i. 35,130,495 shares held by AllianceGroup Nominees(Tempatan) Sdn Bhd
(Pledged securities account for Tan Sri Dato' Sri Pheng Yin Huah);
ii. 1,675,000 shares held by Tan Sri Dato' Sri Pheng Yin Huah; and
iii. 1,150,000 shares held by ECML Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Tan Sri Dato' Sri Pheng Yin Huah).

The indirect interest of 349,604,255 shares comprises the following:

i. 2,970,000 shares held by Kin Kee Metal Sdn Bhd;
ii. 18,650,000 shares held by Kin Kee Hardware Sdn Bhd;
iii. 40,190,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Perniagaan Kin Kee Sdn Bhd);
iv. 75,300,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd);
v. 209,494,255 shares held by RHB Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd); and
vi. 3,000,000 shares held by Kin Kee Holdings Sdn Bhd.


KINSTEL - Changes in Sub. S-hldr's Int. (29B) - Kin Kee Holdings Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced8 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130708-53155

Particulars of substantial Securities Holder

NameKin Kee Holdings Sdn Bhd
AddressB-38, First Floor, Lorong Sri Teruntum
139, Off Jalan Bukit Ubi
25200 Kuantan, Pahang Darul Makmur
NRIC/Passport No/Company No.362624-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM 0.20 each
Name & address of registered holderRHB Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed03/07/2013
1,000,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Direct (units)287,794,255 
Direct (%)27.63 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change287,794,255
Date of notice08/07/2013

Remarks :
The direct interest of 287,794,255 shares comprising:

i. 75,300,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd
(pledged securities account for Kin Kee Holdings Sdn Bhd);
ii. 209,494,255 shares held by RHB Nominees (Tempatan) Sdn Bhd
(pledged securities account for Kin Kee Holdings Sdn Bhd); and
iii. 3,000,000 shares held by Kin Kee Holdings Sdn Bhd.



KINSTEL - Changes in Sub. S-hldr's Int. (29B) - Dato' Hong Thian Hock

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKINSTEEL BHD  
Stock Name KINSTEL  
Date Announced8 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130708-54030

Particulars of substantial Securities Holder

NameDato' Hong Thian Hock
AddressNo. 58, Lorong Kubang Buaya 54
25250 Kuantan, Pahang Darul Makmur
NRIC/Passport No/Company No.530612-06-5007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderRHB Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed03/07/2013
1,000,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect
Direct (units)1,438,400 
Direct (%)0.14 
Indirect/deemed interest (units)349,669,255 
Indirect/deemed interest (%)33.57 
Total no of securities after change351,107,655
Date of notice08/07/2013

Remarks :
Deemed interest by virtue of his shareholdings in Kin Kee Metal Sdn Bhd and Perniagaan Kin Kee Sdn Bhd which the latter is the major shareholder of Kin Kee Holdings Sdn Bhd and Kin Kee Hardware Sdn Bhd, and his indirect interest held through his child.

The indirect interest of 349,669,255 shares comprises the following:

i. 2,970,000 shares held by Kin Kee Metal Sdn Bhd;
ii.18,650,000 shares held by Kin Kee Hardware Sdn Bhd;
iii. 65,000 shares held by Hong Ching Pheng;
iv. 40,190,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Perniagaan Kin Kee Sdn Bhd);
v. 75,300,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd);
vi. 209,494,255 shares held by RHB Nominees (Tempatan) Sdn Bhd
(Pledged securities account for Kin Kee Holdings Sdn Bhd); and
vii. 3,000,000 shares held by Kin Kee Holdings Sdn Bhd.


PRTASCO - OTHERS STRIKING OUT APPLICATION FOR BOTH SUITS AGAINST HCM ENGINEERING SDN BHD

Announcement Type: General Announcement
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced8 Jul 2013  
CategoryGeneral Announcement
Reference NoCA-130708-57243

TypeAnnouncement
SubjectOTHERS
DescriptionSTRIKING OUT APPLICATION FOR BOTH SUITS AGAINST HCM ENGINEERING SDN BHD

As previously announced, HCM Engineering Sdn. Bhd. (“HCM”), a wholly owned subsidiary of Protasco Berhad received notice on 25 October 2011 that two judgments in default of appearance was entered against them for the sum of RM507,661.78 in Shah Alam High Court Suit No: 22-1558-2010 and the sum of RM9,960,492.17 in Shah Alam High Court Suit No: 22-1559-2010 respectively.

 

Both judgments were entered on 11 July 2011 and carry interest at the rate of 8% per annum from 6 December 2010 till the date of full realisation.

 

As also previously announced, HCM has on 17.10.2012 successfully set aside both judgments in default of appearance and has filed its Statement of Defence on 22.10.2012. On 13.06.2013 HCM proceeded to file an application to strike out both abovementioned suits (“striking out application”). A new case management date has been fixed on 14.08.2013 to enable parties to finalise the exchange of affidavits.



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

Announcement Type: General Announcement
Company NameIBRACO BERHAD  
Stock Name IBRACO  
Date Announced8 Jul 2013  
CategoryGeneral Announcement
Reference NoCS-130708-23E4F

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description
The Board of Directors of Ibraco Berhad wishes to announce that pursuant to Chapter 14.09 of the Main Market of Listing Requirements of Bursa Malaysia Securities Berhad, Mr. Guido Paul Philip Joseph Ravelli, an Independent Non Executive Director of Ibraco Berhad has dealings in the securities of IBRACO BERHAD. Details of dealings are shown below.



This announcement is dated 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
Guido Paul Philip Joseph Ravelli
05.07.2013
RM1.60 per share



90,000
0.072





IBRACO - Changes in Director's Interest (S135) - Guido Paul Philip Joseph Ravelli

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameIBRACO BERHAD  
Stock Name IBRACO  
Date Announced8 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-130708-23C8A

Information Compiled By KLSE

Particulars of Director

NameGuido Paul Philip Joseph Ravelli
AddressC-3-1, Sri-Kenny Condominium, 28 Jalan Tun Ismail, 50480 Kuala Lumpur.
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
05/07/2013
90,000
1.600 

Circumstances by reason of which change has occurredDisposal via Married Deal
Nature of interestDirect
Consideration (if any)1.60 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice08/07/2013


WASEONG - 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 NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced8 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130708-56022

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 RM0.50 each
Name & address of registered holderEmployees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
(518,269 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(25,353,170 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (AM INV)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(8,102,500 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(8,165,294 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (CIMB PRI)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(7,619,300 ordinary shares of RM0.50 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/07/2013
35,100
 

Circumstances by reason of which change has occurredPurchase of shares by Portfolio Manager for Employees Provident Fund Board
Nature of interestDirect
Direct (units)49,758,533 
Direct (%)6.4504 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change49,758,533
Date of notice04/07/2013

Remarks :
1. Purchase of 35,100 shares by Citigroup Nominees (Tempatan) Sdn Bhd for Employees Provident Fund Board.

2. The Notice of Change in the Interest of Substantial Shareholder dated 4 July 2013 was received on 8 July 2013 from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board.


WASEONG - 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 NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced8 Jul 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCC-130708-55213

Date of buy back from28/06/2013
Date of buy back to02/07/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)80,000
Minimum price paid for each share purchased ($$)1.820
Maximum price paid for each share purchased ($$)1.830
Total amount paid for shares purchased ($$)146,310.55
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)80,000
Total number of shares retained in treasury (units)3,482,757
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies08/07/2013
Lodged by Wah Seong Corporation Berhad


SCABLE - Changes in Director's Interest (S135) - Datuk Fong Joo Chung

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSARAWAK CABLE BERHAD  
Stock Name SCABLE  
Date Announced8 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130708-15B58

Information Compiled By KLSE

Particulars of Director

NameDatuk Fong Joo Chung
AddressNo. 25, Jalan Bampfylde, 93000 Kuching, Sarawak
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
21/06/2013
24,000
1.910 

Circumstances by reason of which change has occurredDisposal through open market
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)571,000 
Direct (%)0.368 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice08/07/2013


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

Announcement Type: General Announcement
Company NameSARAWAK CABLE BERHAD  
Stock Name SCABLE  
Date Announced8 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130708-16A57

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09 of the Main Market Listing Requirements, Sarawak Cable Berhad ("the Company") wishes to announce that the Company has received notification dated 8 July 2013 from the Director, Datuk Fong Joo Chung, details as outlined below:
Date of Disposal
Nature of dealing
Consideration (RM)
No. of shares disposed
21 June 2013
Direct Interest
- Disposal through open market
RM1.91
per share
24,000 (0.015%)




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