July 18, 2013

Company announcements: PETONE, ASUPREM, HAISAN, XIANLNG, DBE, SUCCESS, EMETALL, WZSTEEL, SCGM

PETONE - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced18 Jul 2013  
CategoryGeneral Announcement
Reference NoCS-130718-474F3

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPETROL ONE RESOURCES BERHAD (“PETONE” OR “COMPANY”)
- WINDING-UP PETITION BY ELIAS BIN ABDULLAH NG (“PETITIONER”) SERVED ON ARUS DERMAGA SDN BHD (“ADSB”), A WHOLLY-OWNED SUBSIDIARY OF PETROL ONE HOLDINGS SDN BHD (“POHSB”), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF PETONE
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 3 July 2013 in relation to the Winding-Up Petition 2013.
Further to the announcement made on 3 July 2013, the Board of Directors of PETONE wish to announce that the High Court, had on 18 July 2013, set the next case management date on 1 August 2013.

Further developments on the above matter will be announced on Bursa Malaysia Securities Berhad as and when necessary.

This announcement is dated 18 July 2013.


ASUPREM - Notice of Person Ceasing (29C) - Ong Chiew Kee

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameASTRAL SUPREME BERHAD  
Stock Name ASUPREM  
Date Announced18 Jul 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCS-130718-526A6

Particulars of substantial Securities Holder

NameOng Chiew Kee
AddressLot 8 Jalan SG1/10
Pusat Penjaja
Taman Industri Bolton
Batu Caves
68100 Selangor Darul Ehsan
NRIC/Passport No/Company No.671128-10-5715
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.20 each
Date of cessation16/07/2013
Name & address of registered holderTA Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Ong Chiew Kee
13th Floor, Menara TA One
22 Jalan P. Ramlee
50250 Kuala Lumpur
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed700,000 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposal of shares in open market
Nature of interestDirect
Date of notice18/07/2013


HAISAN - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameHAISAN RESOURCES BERHAD  
Stock Name HAISAN  
Date Announced18 Jul 2013  
CategoryGeneral Announcement
Reference NoMM-130718-38047

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionHAISAN RESOURCES BERHAD (“HAISAN” OR “COMPANY”)

(I) PROPOSED DISPOSAL OF SEVEN (7) PARCELS OF LEASEHOLD INDUSTRIAL LAND TOGETHER WITH THE BUILDINGS, IF ERECTED THEREON, ALL LOCATED AT JALAN PELABUHAN UTARA, BANDAR SULTAN SULEIMAN, 42000 PELABUHAN KLANG, SELANGOR (“PORT KLANG PROPERTIES”), WHICH ARE OWNED BY HAI SAN & SONS SDN BHD (“HSS”) AND HAI SAN HOLDINGS SDN BHD (“HSH”), BOTH WHOLLY-OWNED SUBSIDIARIES OF HAISAN, FOR A TOTAL CASH CONSIDERATION OF RM28.05 MILLION (“PROPOSED DISPOSAL I”);

(II) PROPOSED DISPOSAL OF THE EQUIPMENT ATTACHED TO THE BUILDINGS OF THE PORT KLANG PROPERTIES (“EQUIPMENT”) OWNED BY HSS, HSH, HAI SAN ICE INDUSTRIES SDN BHD (“HSII”) AND IGLO (M) SDN BHD (“IGLO-M”), ALL WHOLLY-OWNED SUBSIDIARIES OF HAISAN FOR A TOTAL CASH CONSIDERATION OF RM6.95 MILLION (“PROPOSED DISPOSAL II”); AND

(III) PROPOSED LEASE OF THE PORT KLANG PROPERTIES AND EQUIPMENT BY IGLO-M FOR AN INITIAL TERM OF FIFTEEN (15) YEARS SUBSEQUENT TO THE COMPLETION OF THE PROPOSED DISPOSAL I AND THE PROPOSED DISPOSAL II (“PROPOSED LEASE”).

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the Circular as well as the announcement dated 28 December 2012 wherein the shareholders at the EGM had approved the Proposed Disposal I, Proposed Disposal II and Proposed Lease. On behalf of the Board, PIVB wishes to announce the following:

(i) On 18 July 2013, HSS and HSH had acknowledged that EBIT had entered into a deed of assignment to assign its rights, title, interests, benefits and obligations vested upon EBIT by and/or under the SPA I to Crystal Beacon Sdn Bhd (“CBSB”);

(ii) On 18 July 2013, HSS, HSH, HSII and IGLO-M had acknowledged that EBIT had entered into a deed of assignment to assign its rights, title, interests, benefits and obligations vested upon EBIT by and/or under the SPA II to CBSB;

(iii) On 18 July 2013, EBIT had entered into deeds of indemnity with HSS and HSH to undertake to perform all the obligations or responsibilities under the SPA I in the event that CBSB refuses, neglects and/or fails to perform all the obligations or responsibilities under the SPA I as and when they fall due; and

(iv) On 18 July 2013, EBIT had entered into deeds of indemnity with HSS, HSH, HSII and IGLO-M to undertake to perform all the obligations or responsibilities under the SPA II in the event that CBSB refuses, neglects and/or fails to perform all the obligations or responsibilities under the SPA II as and when they fall due.

Please refer to the attachment for the full text of the announcement pertaining to the Proposals.

This announcement is dated 18 July 2013.

Attachments

Haisan - Announcement.pdf
276 KB



XIANLNG - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameXIAN LENG HOLDINGS BERHAD  
Stock Name XIANLNG  
Date Announced18 Jul 2013  
CategoryGeneral Announcement
Reference NoCJ-130718-DCCE2

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionXIAN LENG HOLDINGS BERHAD ("XL" or "the Company")
Writ Summons No. (22 NCVC-54-06/2013) and Statement of Claim filed by Xian Leng Holdings Berhad
We refer to the Company's announcement made on 11 July 2013 under Reference No. CU--130507-55223.
Reference is drawn to the abovementioned matter that the Court has fixed the same for further Case Management on 11 September 2013 to enable the parties to file their Defence and for Company's Lawyer to file their reply.

On the 11 September 2013, the Court will give further directions and set down the matter for Trial.



This announcement is dated 18 July 2013.


DBE - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameD.B.E. GURNEY RESOURCES BERHAD  
Stock Name DBE  
Date Announced18 Jul 2013  
CategoryGeneral Announcement
Reference NoCG-130718-47AC6

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionD.B.E. GURNEY RESOURCES BERHAD ("DBE" OR "THE COMPANY")
PROPOSED DISPOSAL OF LAND AND BUILDING BY WHOLLY-OWNED SUBSIDIARY, D.B.E. POULTRY SDN BHD

The abbreviations used herein, unless the context otherwise states, shall bear the same meaning as those defined in the Company's announcement dated 16 July 2013.

Further to our announcement dated 16 July 2013 in respect of the Proposed Disposal, we are pleased to furnish herewith the additional information as set out in the attachment file for public release.



SUCCESS - Changes in Sub. S-hldr's Int. (29B) - Wong Chee Kian

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSUCCESS TRANSFORMER CORPORATION BERHAD  
Stock Name SUCCESS  
Date Announced18 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-130717-64231

Particulars of substantial Securities Holder

NameWong Chee Kian
AddressNo. 99 Jalan Dato' Kelana Maamor
70200 Seremban
Negeri Sembilan
NRIC/Passport No/Company No.710221-05-5045
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderWtech Holdings Sdn Bhd
Lot 1A-1C Lorong Bunga Tanjung 1/3
Senawang Industrial Park
70400 Seremban
Negeri Sembilan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/07/2013
100,000
1.240 

Circumstances by reason of which change has occurredDisposal of 100,000 ordinary shares of RM0.50 each in the open market by Wtech Holdings Sdn Bhd
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)18,216,650 
Indirect/deemed interest (%)15.63 
Total no of securities after change18,216,650
Date of notice18/07/2013

Remarks :
1) The percentage of interest is based on the issued and paid-up capital of the Company after excluding a total of 3,480,777 shares purchased and retained by the Company as treasury shares as at date of this notice.

2) By virture of his direct and indirect interests in Wtech Holdings Sdn Bhd, Wong Chee Kian is deemed to be the substantial shareholder of the Company by having an interest in the shares of the Company to the extent that Wtech Holdings Sdn Bhd has an interest.


EMETALL - OTHERS • ACQUISITION BY EONCHEM BIOMASS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF EONMETALL, OF A PARCEL OF AN INDUSTRIAL LAND HELD UNDER TITLE NO. GM 390, LOT NO. 391, MUKIM 12, DAERAH SEBERANG PERAI SELATAN, PULAU PINANG, BUT EXCLUDING THE BUILDINGS AND SITE IMPROVEMENTS ERECTED THEREON, FROM ASTRAL DRAGON SDN BHD FOR A CASH CONSIDERATION OF RM7,673,782.74 (“ACQUISITION”); AND • DISPOSAL BY EONMETALL SYSTEMS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF EONMETALL, OF A PARCEL OF AN INDUSTRIAL LAND TOGETHER WITH AN ALMOST COMPLETED SINGLE-STOREY DETACHED FACTORY WITH AN OFFICE ERECTED THEREON HELD UNDER TITLE NO. GRN 77765, LOT NO. 1596, MUKIM 12, DAERAH SEBERANG PERAI SELATAN, PULAU PINANG, TO LEADER STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF LEADER STEEL HOLDINGS BERHAD FOR A CASH CONSIDERATION OF RM12,100,000.00 (“DISPOSAL”) (Collectively referred to as the “Proposals”)

Announcement Type: General Announcement
Company NameEONMETALL GROUP BERHAD  
Stock Name EMETALL  
Date Announced18 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130715-B6F16

TypeAnnouncement
SubjectOTHERS
Description• ACQUISITION BY EONCHEM BIOMASS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF EONMETALL, OF A PARCEL OF AN INDUSTRIAL LAND HELD UNDER TITLE NO. GM 390, LOT NO. 391, MUKIM 12, DAERAH SEBERANG PERAI SELATAN, PULAU PINANG, BUT EXCLUDING THE BUILDINGS AND SITE IMPROVEMENTS ERECTED THEREON, FROM ASTRAL DRAGON SDN BHD FOR A CASH CONSIDERATION OF RM7,673,782.74 (“ACQUISITION”); AND

• DISPOSAL BY EONMETALL SYSTEMS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF EONMETALL, OF A PARCEL OF AN INDUSTRIAL LAND TOGETHER WITH AN ALMOST COMPLETED SINGLE-STOREY DETACHED FACTORY WITH AN OFFICE ERECTED THEREON HELD UNDER TITLE NO. GRN 77765, LOT NO. 1596, MUKIM 12, DAERAH SEBERANG PERAI SELATAN, PULAU PINANG, TO LEADER STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF LEADER STEEL HOLDINGS BERHAD FOR A CASH CONSIDERATION OF RM12,100,000.00 (“DISPOSAL”)

(Collectively referred to as the “Proposals”)

Kindly refer to the attachment marked "EGB-bm-ann130718-Proposal-EOT.pdf" for details of the announcement.

This announcement is dated 18 July 2013.



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

Announcement Type: General Announcement
Company NameWZ STEEL BERHAD  
Stock Name WZSTEEL  
Date Announced18 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130717-67362

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Chapter 14.09(a) of Bursa Malaysia's Main Market Listing Requirements on Dealing in Securities, the following Director of WZ Steel Berhad ("WZSTEEL") had transacted in securities of WZSTEEL outside closed period, as set out in Table 1 below.

Name of Director

Date of Disposal

Price Transacted Per Share

Number of Ordinary Shares

% of Securities Disposed

Dato' Amin Rafie Bin Othman

15 July 2013

RM0.37

200,000

0.20



WZSTEEL - Changes in Director's Interest (S135) - Dato' Amin Rafie Bin Othman

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWZ STEEL BERHAD  
Stock Name WZSTEEL  
Date Announced18 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130717-67146

Information Compiled By KLSE

Particulars of Director

NameDato' Amin Rafie Bin Othman
AddressNo. 40, Lorong SS 1/11A
47300 Petaling Jaya
Selangor Darul Ehsan
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
15/07/2013
200,000
 

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

Total no of securities after change

Direct (units)459,700 
Direct (%)0.47 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice17/07/2013

Remarks :
The Secretary received the Notice Pursuant to Section 135 of the Companies Act, 1965 dated 17 July 2013 today.


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

Announcement Type: General Announcement
Company NameSCGM BHD  
Stock Name SCGM  
Date Announced18 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130718-D8ECA

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNotification of dealings by a director in the securities of SCGM Bhd ("SCGM") outside closed period.

SCGM has received notification dated 18 July 2013 from its Executive Chairman/ Managing Director, Dato' Sri Lee Hock Seng of his direct dealing in the securities of SCGM via open market during outside closed period as set out below:-

Date

No of securities acquired

Percentage of securities acquired

Price of securities acquired (RM)

Total no. of securities held after acquisition

Percentage of securities held after acquisition

-

-

-

-

24,000,000 (Indirect)(1)

30.00

18/07/2013

50,000

0.0625

1.03

8,353,141 (Direct)

10.44

(1) Deemed interest pursuant to Section 6A of the Companies Act, 1965.



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