August 20, 2013

Company announcements: LIONCOR, TROP, PARKSON, TOYOINK, PWROOT, FARMBES-WB

LIONCOR - Changes in Sub. S-hldr's Int. (29B) - AMSTEEL MILLS SDN BHD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLION CORPORATION BERHAD  
Stock Name LIONCOR  
Date Announced20 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoLL-130820-E718F

Particulars of substantial Securities Holder

NameAMSTEEL MILLS SDN BHD
AddressLevel 14, Office Tower, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur.
NRIC/Passport No/Company No.63077-A
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderAMSEC Nominees (Tempatan) Sdn Bhd
Pledged Securities Account - Ambank (M) Berhad for
Lion Diversified Holdings Berhad
22nd Floor Bangunan AmBank Group
No. 55, Jalan Raja Chulan
50200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed15/08/2013
150,000
 
Disposed16/08/2013
100,000
 

Circumstances by reason of which change has occurredBy virtue of Section 6A(4)(c)
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change934,147,599
Date of notice20/08/2013

Remarks :
The total number of securities after change comprises :

(i) 906,608,496 ordinary shares of RM1.00 each;
(ii) RM21,884,800 nominal value of redeemable convertible secured loan stocks with a right to convert into 4,376,960 new ordinary shares in Lion Corporation Berhad (“LCB”) at a conversion price of RM5.00 for every one new LCB share; and
(iii) 5,654,303 warrants with a right to subscribe for one new LCB share for every one warrant held.


LIONCOR - Changes in Sub. S-hldr's Int. (29B) - LION INDUSTRIES CORPORATION BERHAD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLION CORPORATION BERHAD  
Stock Name LIONCOR  
Date Announced20 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoLL-130820-E718E

Particulars of substantial Securities Holder

NameLION INDUSTRIES CORPORATION BERHAD
AddressLevel 14, Office Tower, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur.
NRIC/Passport No/Company No.415-D
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderAMSEC Nominees (Tempatan) Sdn Bhd
Pledged Securities Account - Ambank (M) Berhad for
Lion Diversified Holdings Berhad
22nd Floor Bangunan AmBank Group
No. 55, Jalan Raja Chulan
50200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed15/08/2013
150,000
 
Disposed16/08/2013
100,000
 

Circumstances by reason of which change has occurredBy virtue of Section 6A(4)(c)
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change951,859,555
Date of notice20/08/2013

Remarks :
The total number of securities after change comprises :

(i) 906,954,808 ordinary shares of RM1.00 each;
(ii) RM35,372,316 nominal value of redeemable convertible secured loan stocks with a right to convert into 7,074,463 new ordinary shares in Lion Corporation Berhad (“LCB”) at a conversion price of RM5.00 for every one new LCB share; and
(iii) 9,532,431 warrants with a right to subscribe for one new LCB share for every one warrant held.


TROP - OTHERS Article Entitled, “Tropicana to dispose of mall, office block”

Announcement Type: General Announcement
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced20 Aug 2013  
CategoryGeneral Announcement
Reference NoTC-130820-69095

TypeAnnouncement
SubjectOTHERS
DescriptionArticle Entitled, “Tropicana to dispose of mall, office block”

Reference is made to the Article entitled, “Tropicana to dispose of mall, office block” appearing in pages 1 and 4 of The Edge Financial Daily on 20 August 2013 (attached for ease of reference).

Pursuant to paragraph 9.09(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Tropicana wishes to clarify that as part of the Group’s de-gearing initiatives, the Group continuously explores with prospective investors to unlock the value of the Group’s non-core assets.

At this stage, the Group has not entered into any definitive agreement with any party for the disposal of Tropicana City Mall and Tropicana City Office Tower.

As and when there is any material development, the Company will make the appropriate announcement accordingly.

This announcement is dated 20 August 2013.



PARKSON - OTHERS Parkson Retail Group Limited - Next Day Disclosure Return (Equity issuer - changes in issued share capital and/or share buybacks)

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced20 Aug 2013  
CategoryGeneral Announcement
Reference NoPH-130820-CE457

TypeAnnouncement
SubjectOTHERS
DescriptionParkson Retail Group Limited
- Next Day Disclosure Return (Equity issuer - changes in issued share capital and/or share buybacks)
We attach herewith the Next Day Disclosure Return submitted to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 20 August 2013 by Parkson Retail Group Limited (“PRGL”), a 51.53% owned subsidiary of the Company listed on The HKEx, following (i) the repurchase by PRGL of 1,500,000 ordinary shares of HK$0.02 each ("PRGL Shares") made on The HKEx at the highest price paid of HK$2.88 and the lowest price paid of HK$2.80 on 20 August 2013; and (ii) the cancellation of 1,950,000 PRGL Shares on 20 August 2013 ("Cancellation").
Consequent upon the Cancellation, the percentage shareholding of the Group in PRGL is 51.57%.


TOYOINK - Quarterly rpt on consolidated results for the financial period ended 30/6/2013

Announcement Type: Financial Results
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced20 Aug 2013  
CategoryFinancial Results
Reference NoCS-130816-52492

Financial Year End31/03/2014
Quarter1
Quarterly report for the financial period ended30/06/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2013
30/06/2012
30/06/2013
30/06/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
21,213
24,236
21,213
24,236
2Profit/(loss) before tax
444
614
444
614
3Profit/(loss) for the period
303
359
303
359
4Profit/(loss) attributable to ordinary equity holders of the parent
250
386
250
386
5Basic earnings/(loss) per share (Subunit)
0.23
0.90
0.23
0.90
6Proposed/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 ($$)
1.1000
1.5500
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


TOYOINK - OTHERS DEVIATION OF MORE THAN 5% FROM ORIGINAL UTILISATION OF RIGHTS ISSUE PROCEED PERTAINING TO THE ESTIMATED EXPENSES IN RELATION TO THE RIGHTS ISSUE

Announcement Type: General Announcement
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced20 Aug 2013  
CategoryGeneral Announcement
Reference NoCS-130820-67973

TypeAnnouncement
SubjectOTHERS
DescriptionDEVIATION OF MORE THAN 5% FROM ORIGINAL UTILISATION OF RIGHTS ISSUE PROCEED PERTAINING TO THE ESTIMATED EXPENSES IN RELATION TO THE RIGHTS ISSUE

Pursuant to Paragraph 9.19(32) of the Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that there is a deviation of RM168,000 (30.55%) from the proposed utilisation as compared to the actual utilisation on expenses in relation to the proceeds from the Rights Issue:-

Purpose

Proposed Utilisation

RM'000

Actual Utilisation

RM'000

Deviation

RM'000

Estimated expenses in relation to the Rights Issue

550

718

168

The additional expenses of RM168,000/- were mainly due to re-printing expenses, re-submitting circular and other related administration expenses incurred arising from the Originating Summons and Interim Injunction Order as per announcements dated 15 January 2013, 16 January 2013, 21 January 2013, 22 January 2013 and 7 February 2013.

This announcement is dated 20 August 2013.



PWROOT - Changes in Director's Interest (S135) - Datuk Sarchu bin Sawal

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced20 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoC&-130820-F4A7C

Information Compiled By KLSE

Particulars of Director

NameDatuk Sarchu bin Sawal
AddressNo 26 Jalan G2,
Taman Melawati,
53100 Kuala Lumpur
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)
Acquired
16/08/2013
10,000
2.100 
Acquired
16/08/2013
10,000
2.110 
Acquired
16/08/2013
7,600
2.120 

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

Total no of securities after change

Direct (units)32,400 
Direct (%)0.0108 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice20/08/2013

Remarks :
a) The above acquisition represented 0.0092% of the total issued and fully paid-up share capital of the Company.

b) This announcement serves as an announcement to paragraph 14.09(a) of the Main Market Listing Requirement dealing outside closed period.


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

Announcement Type: General Announcement
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced20 Aug 2013  
CategoryGeneral Announcement
Reference NoC&-130820-62838

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED DISPOSAL OF LAND INCLUDING THE BUILDING ATTACHED OF 3 STOREY INTERMEDIATE SHOP OFFICE WITH SEMI BASEMENT, BEARING THE POSTAL ADDRESS NO. 104, 104-01 & 02, JALAN MOLEK 2/2, TAMAN MOLEK, 81100 JOHOR BAHRU, JOHOR ("PROPERTY") FOR A CASH CONSIDERATION OF RM1,950,000 BY POWER ROOT MARKETING SDN. BHD. ("PR MARKETING" OR "VENDOR"), A WHOLLY-OWNED SUBSIDIARY OF POWER ROOT BERHAD ("POWER ROOT" OR "THE COMPANY") TO ZQ ASSET SDN. BHD. ("ZQ ASSET" OR "PURCHASER") ("PROPOSED DISPOSAL")

The Board of Directors of Power Root wishes to announce that its wholly-owned subsidiary PR Marketing had entered into a Sale and Purchase Agreement ("Agreement") for the Proposed Disposal of the Property with ZQ Asset Sdn. Bhd., for a total cash consideration of RM1.95 million ("Disposal Consideration").

Further details of the Proposed Disposal are set out in the attachment.

This announcement is dated 20 August 2013.



FARMBES-WB - Changes in Director's Interest (S135) - Datuk Fong Kiah Yeow

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFARM'S BEST BERHAD  
Stock Name FARMBES-WB  
Date Announced20 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130820-13421

Information Compiled By KLSE

Particulars of Director

NameDatuk Fong Kiah Yeow
AddressNo. 70, Jalan Tun Fatimah
Durian Daun
75400 Melaka
Descriptions(Class & nominal value)Warrants issued pursuant to Bonus Issue and Private Placement

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
16/08/2013
1,380,000
0.227 
Disposed
19/08/2013
478,800
0.220 

Circumstances by reason of which change has occurredDisposal of warrants in open market transaction by JF APEX Nominees (Tempatan) Sdn Bhd (MARGIN).
Nature of interestDirect and Deemed Interest
Consideration (if any)RM419,148 

Total no of securities after change

Direct (units)21,600 
Direct (%) 
Indirect/deemed interest (units)3,988,801 
Indirect/deemed interest (%) 
Date of notice20/08/2013


FARMBES-WB - Changes in Director's Interest (S135) - Dato' Fong Kok Yong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFARM'S BEST BERHAD  
Stock Name FARMBES-WB  
Date Announced20 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130820-1341F

Information Compiled By KLSE

Particulars of Director

NameDato' Fong Kok Yong
AddressNo. 70, Jalan Tun Fatimah
Durian Daun
75400 Melaka
Descriptions(Class & nominal value)Warrants issued pursuant to Bonus Issue and Private Placement

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
16/08/2013
1,380,000
0.227 
Disposed
19/08/2013
478,800
0.220 

Circumstances by reason of which change has occurredDisposal of warrants in open market transaction by JF APEX Nominees (Tempatan) Sdn Bhd (MARGIN).
Nature of interestDeemed Interest
Consideration (if any)RM419,148 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)3,988,801 
Indirect/deemed interest (%) 
Date of notice20/08/2013


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