IRMGRP - MEMORANDUM OF UNDERSTANDING
Company Name | IRM GROUP BERHAD |
Stock Name | IRMGRP |
Date Announced | 28 Aug 2013 |
Category | General Announcement |
Reference No | CS-130828-6F69E |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | IRM GROUP BERHAD ("IRMGB" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING ("MoU") BETWEEN INDUSTRIAL RESINS (MALAYSIA) SDN. BHD. ("IRMSB") AND SYNTHOMER SDN. BHD. ("SYNTHOMER") |
The Board of Directors of IRM Group Berhad ("IRMGB") is pleased to announce that Industrial Resins (Malaysia) Sdn. Bhd. ("IRMSB"), a wholly-owned subsidiary of IRMGB had on 16 July 2013 entered into a Memorandum of Understanding ("MoU") with Synthomer Sdn. Bhd. ("Synthomer") for the purpose of purchasing two (2) units of 5,000 ball tanks from IRMSB together with office block, instrumentation, pipeline, cooler, water tank, deluge and fire fighting units, gas generator and other equipments located at Lot 123, Jalan Cecair Dua, Kawasan Perdagangan Bebas, 81700 Pasir Gudang, Johor (all these assets are collectively referred to as the "Tank Farm") upon the terms and conditions stipulated therein. Synthomer is a company incorporated in Malaysia under the Companies Act, 1965 and having its registered address at 1 1/2 Miles, Jalan Batu Pahat, 86000 Kluang, Johor Darul Takzim. 1. Principal Conditions of the MoU The principal condition of the MoU is as follows : (i) The purchase price of the Tank Farm will be negotiated and agreed between IRMSB and Synthomer during the term of this MoU in the range of RM10,000,000.00 to RM15,000,000.00, taking into account the findings of any financial, environmental, technical and legal due diligence investigations (the "Investigations"), and will be payable by Synthomer to IRMSB upon completion of sale, via bank transfer, subject to the conditions as stipulated in the MoU. The Sale and Purchase Agreement between IRMSB and Synthomer will be entered into in due course. 2. Conditional Terms The above offer is conditional upon the fulfillment of the additional terms and conditions as follows : (i) The price will be considered in the context that the current land lease to which the Tank Farm is subject (the "Lease"), expires in 2022, and the rent payable under the Lease exceeds the commercial market rates for comparable land. (ii) Synthomer conducting, and being satisfied with the results of the Investigations, along with any other reports and investigations that Synthomer decides necessary. (iii) IRMSB: (a) cooperating fully with Synthomer in order to carry out the Investigations; (b) allowing Synthomer's officers, employees and professional advisors full access to the Tank Farm, along with any such records in respect of the Tank Farm, as required to complete the Investigations; and (c) providing, or procuring the provision of, all information required by Synthomer to complete the Investigations and all information provided being accurate and not misleading including without limitation to the provision of all statutory approvals and authorisations such as EIA, CIMAH as requested in Synthomer's document checklist. (iv) The parties negotiating and signing a detailed and legally binding purchase agreement containing customary warranties and indemnities, prepared by Synthomer's advisers. (v) Synthomer and IRMSB will negotiate the price in good faith upon completion of the Investigations. (vi) The validity of this MoU is for three (3) months from the date of signing of the MoU with the option to buy the Tank Farm within the validity of the MoU. (vii) Synthomer has the exclusive option to buy the Tank Farm within the validity of the MoU. 3. Agreement A definitive agreement will be executed upon the completion of the MoU. 4. Directors' and Major Shareholders' Interests None of the Directors and / or major shareholders and / or persons connected to them has any interests, direct or indirect in the MoU. This announcement is dated 28 August 2013. |
PA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 28 Aug 2013 |
Category | General Announcement |
Reference No | CC-130828-3F3DB |
Type | Announcement | ||||||||||||||||||||||||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||||||||||||||||||||||||||||||
Description | P.A. Resources Berhad -Dealing by Director during closed period pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad | ||||||||||||||||||||||||||||||||||||||||
We wish to announce that P.A. Resources Berhad ("the Company") has received a notification pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad from Mr Chong Sze San who is the Non Independent Non Executive Director of the Company in relation to his direct disposal of 4,591,900 ordinary shares of RM0.10 each in the Company during Closed Period, details of which is set out below:- Ordinary Shares of RM0.10 each
* Price Per Share
This announcement is dated 28 August 2013. |
PA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD (Amended Announcement)
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 28 Aug 2013 |
Category | General Announcement |
Reference No | CC-130828-4F729 |
Type | Announcement | ||||||||||||||||||||||||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||||||||||||||||||||||||||||||
Description | P.A. Resources Berhad -Dealing by Director during closed period pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad | ||||||||||||||||||||||||||||||||||||||||
We wish to announce that P.A. Resources Berhad ("the Company") has received a notification pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad from Mr Chong Sze San who is the Group Managing Director of the Company in relation to his direct disposal of 4,243,700 ordinary shares of RM0.10 each in the Company during Closed Period, details of which is set out below:- Ordinary Shares of RM0.10 each
* Price Per Share
This announcement is dated 27 August 2013. Remarks: The amendment is made to the date of transaction. |
PA - Changes in Director's Interest (S135) - Chong Sze San
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 28 Aug 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-130828-3F3D8 |
Information Compiled By KLSE
Particulars of Director
Name | Chong Sze San |
Address | No. 8 Jalan LE 1-1 Off Persiaran Lake Edge 47100 Bandar Metro Puchong Selangor Darul Ehsan |
Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,591,900 | 0.130 |
Circumstances by reason of which change has occurred | Disposal of shares in the open market |
Nature of interest | Direct interest |
Consideration (if any) | RM596,947.00 |
Total no of securities after change | |
Direct (units) | 11,229,600 |
Direct (%) | 1.3 |
Indirect/deemed interest (units) | 5,198,580 |
Indirect/deemed interest (%) | 0.61 |
Date of notice | 28/08/2013 |
Remarks : |
Deemed interest by virtue of shareholdings of his son, Chong Chern Shean (5,198,580). The above disposal of 4,591,900 represents 0.53% of the issued and paid up capital of the Company. This announcement also serves as a notification pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad. |
PA - Changes in Director's Interest (S135) - Len Yoong Chan (Amended Announcement)
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 28 Aug 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-130828-4F724 |
Information Compiled By KLSE
Particulars of Director
Name | Len Yoong Chan |
Address | No. 8 Jalan LE 1-1 Off Persiaran Lake Edge 47100 Bandar Metro Puchong Selangor Darul Ehsan |
Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,243,700 | 0.135 |
Circumstances by reason of which change has occurred | Disposal of shares by her husband, Chong Sze San |
Nature of interest | Deemed interest |
Consideration (if any) | RM572,899.50 |
Total no of securities after change | |
Direct (units) | 0 |
Direct (%) | 0 |
Indirect/deemed interest (units) | 21,020,080 |
Indirect/deemed interest (%) | 2.44 |
Date of notice | 27/08/2013 |
Remarks : |
The amendment is made to the date of change. |
PA - Changes in Director's Interest (S135) - Len Yoong Chan
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 28 Aug 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-130828-3F3CA |
Information Compiled By KLSE
Particulars of Director
Name | Len Yoong Chan |
Address | No. 8 Jalan LE 1-1 Off Persiaran Lake Edge 47100 Bandar Metro Puchong Selangor Darul Ehsan |
Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,591,900 | 0.130 |
Circumstances by reason of which change has occurred | Disposal of shares by her husband, Chong Sze San |
Nature of interest | Deemed interest |
Consideration (if any) | RM596,947.00 |
Total no of securities after change | |
Direct (units) | 0 |
Direct (%) | 0 |
Indirect/deemed interest (units) | 16,428,180 |
Indirect/deemed interest (%) | 1.91 |
Date of notice | 28/08/2013 |
Remarks : |
Deemed interest by virtue of shareholdings of her husband, Chong Sze San (11,229,600) and her son, Chong Chern Shean (5,198,580). The above disposal of 4,591,900 represents 0.53% of the issued and paid up capital of the Company. This announcement also serves as a notification pursuant to Parapraph 14.08(d) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad. |
PA - Changes in Director's Interest (S135) - Chong Sze San (Amended Announcement)
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 28 Aug 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-130828-4F726 |
Information Compiled By KLSE
Particulars of Director
Name | Chong Sze San |
Address | No. 8 Jalan LE 1-1 Off Persiaran Lake Edge 47100 Bandar Metro Puchong Selangor Darul Ehsan |
Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,243,700 | 0.135 |
Circumstances by reason of which change has occurred | Disposal of shares in the open market |
Nature of interest | Direct interest |
Consideration (if any) | RM572,899.50 |
Total no of securities after change | |
Direct (units) | 15,821,500 |
Direct (%) | 1.84 |
Indirect/deemed interest (units) | 5,198,580 |
Indirect/deemed interest (%) | 0.61 |
Date of notice | 27/08/2013 |
Remarks : |
The amendment is made to the date of change. |
PA - Quarterly rpt on consolidated results for the financial period ended 30/6/2013
Company Name | P.A. RESOURCES BERHAD |
Stock Name | PA |
Date Announced | 28 Aug 2013 |
Category | Financial Results |
Reference No | CC-130828-6E34B |
Financial Year End | 31/03/2014 |
Quarter | 1 |
Quarterly report for the financial period ended | 30/06/2013 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 28,019 | 28,602 | 28,019 | 28,602 |
2 | Profit/(loss) before tax | 872 | 305 | 872 | 305 |
3 | Profit/(loss) for the period | 872 | 305 | 872 | 305 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 613 | 328 | 613 | 328 |
5 | Basic earnings/(loss) per share (Subunit) | 0.07 | 0.17 | 0.07 | 0.17 |
6 | Proposed/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 ($$) | 0.1102 | 0.1095 |
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
UMSNGB - Quarterly rpt on consolidated results for the financial period ended 30/6/2013
Company Name | UMS-NEIKEN GROUP BERHAD |
Stock Name | UMSNGB |
Date Announced | 28 Aug 2013 |
Category | Financial Results |
Reference No | CA-130828-57143 |
Financial Year End | 31/12/2013 |
Quarter | 2 |
Quarterly report for the financial period ended | 30/06/2013 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 19,243 | 21,925 | 37,729 | 41,046 |
2 | Profit/(loss) before tax | 2,836 | 2,860 | 5,084 | 4,640 |
3 | Profit/(loss) for the period | 1,944 | 2,015 | 3,528 | 3,176 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 1,944 | 2,015 | 3,528 | 3,176 |
5 | Basic earnings/(loss) per share (Subunit) | 2.47 | 2.53 | 4.49 | 3.98 |
6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.7800 | 0.7400 |
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:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
UMSNGB - Notice of Shares Buy Back - Immediate Announcement
Company Name | UMS-NEIKEN GROUP BERHAD |
Stock Name | UMSNGB |
Date Announced | 28 Aug 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CA-130828-38DB7 |
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