SKPRES - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS
Company Name | SKP RESOURCES BHD |
Stock Name | SKPRES |
Date Announced | 7 Aug 2013 |
Category | General Announcement |
Reference No | CS-130807-0C4C2 |
Type | Announcement | ||
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS | ||
Description | SKP RESOURCES BHD ("SKP" OR "THE COMPANY") - PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE") | ||
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SAMUDRA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | KEJURUTERAAN SAMUDRA TIMUR BERHAD |
Stock Name | SAMUDRA |
Date Announced | 7 Aug 2013 |
Category | General Announcement |
Reference No | CS-130807-2981F |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | KEJURUTERAAN SAMUDRA TIMUR BERHAD (“KSTB” OR THE “COMPANY”) - PROPOSED DISPOSAL BY KSTB OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SAMUDRA OIL SERVICES SDN BHD (“SAMUDRA OIL”) TO DESTINI BERHAD ("DESTINI") FOR AN INDICATIVE DISPOSAL CONSIDERATION OF RM80.00 MILLION TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW ORDINARY SHARES OF RM0.10 EACH IN DESTINI |
1. INTRODUCTION
Further details of the Proposed Disposal will be announced upon the execution of a definitive SSA on terms acceptable to KSTB and Destini. 2. SALIENT TERMS OF THE HOA The salient terms of the HOA are, inter alia, as follows:
(i) the execution of a detailed SSA in respect of the Proposed Disposal upon terms and conditions acceptable to the Parties and the SSA becoming unconditional; (ii) completion to the satisfaction of Destini, the due diligence on Samudra Oil; and (iii) completion of the due diligence on Destini to the satisfaction of KSTB.
(e) In each case, the HOA shall terminate upon the earlier to occur of the following:
3. RATIONALE FOR THE PROPOSED DISPOSAL
The Destini Group is involved in the following business activities: (a) Maintainence Repair and Overhaul (“MRO”), including trading in safety and survival products and spares for the aviation industry; (b) MRO, including trading in safety and survival products, ship spares, armaments and manufacturing of life boats for the maritime and oil and gas industries; (c) Assembly and fabrication of defence and commercial vehicles, supply of spares, electronic equipment, radar and surveillance and tracking system for the automotive industry; (d) Information technology; and (e) Training and education consultancy. Based on its audited consolidated financial statements for the financial year ended (“FYE”) 31 December 2012, the Destini Group recorded a profit after tax of approximately RM7.05 million whereas its net assets were approximately RM50.96 million. 4. APPROVALS REQUIRED The Proposed Disposal is subject to the following approvals:
(ii) Shareholders of KSTB and Destini at the respective Extraordinary General Meetings to be convened; and (iii) Any other relevant authorities and/ or third parties, if required.
6. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/ OR PERSONS CONNECTED
7. DOCUMENTS AVAILABLE FOR INSPECTION
This announcement is dated 7 August 2013. |
DESTINI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | DESTINI BERHAD |
Stock Name | DESTINI |
Date Announced | 7 Aug 2013 |
Category | General Announcement |
Reference No | CC-130807-09FE2 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | DESTINI BERHAD ("DESTINI" OR THE "COMPANY") - PROPOSED ACQUISITION BY DESTINI OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SAMUDRA OIL SERVICES SDN BHD FROM KEJURUTERAAN SAMUDRA TIMUR BERHAD FOR AN INDICATIVE PURCHASE CONSIDERATION OF RM80.00 MILLION TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW ORDINARY SHARES OF RM0.10 EACH IN DESTINI |
The Board of Directors of Destini Berhad ("Board") wishes to announce that Destini had, on 7 August 2013, entered into a Heads of Agreement ("HOA") in relation to the proposed acquisition of the entire issued and paid-up share capital of Samudra Oil Services Sdn Bhd ("Samudra Oil") ("Sale Share") with Kejuruteraan Samudra Timur Berhad ("KTSB") ("Vendor") at the indicative purchase consideration of RM80.00 million ("Purchase Consideration") to be satisfied entirely via the issuance of 228,571,428 new ordinary shares of RM0.10 each in Destini ("Destini Share(s)" or "Share(s)") at an issue price of RM0.35 each ("Consideration Shares") ("Proposed Acquisition"). Further details of the Proposed Acquisition are set out in the attachment herein. This announcement is dated 7 August 2013. |
TIMWELL - Changes in Sub. S-hldr's Int. (29B) - Tan Tjeng Hok @ Lam Hak Ming
Company Name | TIMBERWELL BERHAD |
Stock Name | TIMWELL |
Date Announced | 7 Aug 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | TT-130806-38B48 |
Particulars of substantial Securities Holder
Name | Tan Tjeng Hok @ Lam Hak Ming |
Address | P.O.Box 10827 88809 Kota Kinabalu Sabah |
NRIC/Passport No/Company No. | 240730-71-5247 |
Nationality/Country of incorporation | Permanent Resident of Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
Name & address of registered holder | 1) Tan Tjeng Hok @ Lam Hak Ming P.O.Box 10827 88809 Kota Kinabalu Sabah 2) RHB Nominees (Asing) Sdn. Bhd. (formerly known as OSK Nominees (Asing) Sdn. Bhd.) Tingkat 5, Wisma BSN Sabah Jalan Kemajuan Karamunsing 88000 Kota Kinabalu Sabah |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/08/2013 | 5,000 | 0.500 |
Remarks : |
The Forms 29B were received by the Company on 5 August 2013. |
TIMWELL - Changes in Sub. S-hldr's Int. (29B) - Lam Soei Tin @ Agnes Lam
Company Name | TIMBERWELL BERHAD |
Stock Name | TIMWELL |
Date Announced | 7 Aug 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | TT-130806-38B52 |
Particulars of substantial Securities Holder
Name | Lam Soei Tin @ Agnes Lam |
Address | C2-02 Marina Court 88000 Kota Kinabalu Sabah |
NRIC/Passport No/Company No. | 500320665 |
Nationality/Country of incorporation | British |
Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
Name & address of registered holder | Tan Tjeng Hok @ Lam Hak Ming P.O.Box 10827 88809 Kota Kinabalu Sabah |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 05/08/2013 | 5,000 | 0.500 |
Remarks : |
The Forms 29B were received by the Company on 5 August 2013. |
SPSETIA - Notice of Person Ceasing (29C) - Mitsubishi UFJ Financial Group, Inc ("MUFG")
Company Name | S P SETIA BERHAD |
Stock Name | SPSETIA |
Date Announced | 7 Aug 2013 |
Category | Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965 |
Reference No | C&-130807-43904 |
Particulars of substantial Securities Holder
GADANG - MEMORANDUM OF UNDERSTANDING
Company Name | GADANG HOLDINGS BHD |
Stock Name | GADANG |
Date Announced | 7 Aug 2013 |
Category | General Announcement |
Reference No | GH-130807-34124 |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | STATUS UPDATE ON THE MEMORANDUM OF UNDERSTANDING ("MOU") DATED 5 APRIL 2013 BETWEEN GADANG HOLDINGS BERHAD ("GADANG" OR "THE COMPANY") AND CYBERVIEW SDN BHD ("CYBERVIEW") |
Further to our announcements made on 5 April 2013 and 4 July 2013 in relation to the MOU entered into between Gadang and Cyberview (collectively referred to as "the Parties"), the Company wishes to announce that it has today accepted the letter of acceptance from Cyberview dated 5 August 2013 (which was received on 6 August 2013) as the Developer Partner to develop 2,500 housing units on 109.31 acres of land in Cyberjaya, Selangor Darul Ehsan ("Housing Development for K-Workers in Cyberjaya") based on the terms and conditions therein and other terms and conditions to be mutually agreed by the Parties to be set out in the Definitive Agreement ("Agreement") between the Parties. A further announcement on the salient terms and conditions of the Agreement shall be released by the Company upon signing of the Agreement. This announcement is dated 7 August 2013. |
BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Cheam Heng Cheang
Company Name | BRAHIM'S HOLDINGS BERHAD |
Stock Name | BRAHIMS |
Date Announced | 7 Aug 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CA-130807-35606 |
Particulars of substantial Securities Holder
Name | Cheam Heng Cheang |
Address | No.10 Jalan 8/3H 46050 Petaling Jaya Selangor Darul Ehsan |
NRIC/Passport No/Company No. | 660911-10-6097 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
Name & address of registered holder | Cheam Heng Cheang No.10 Jalan 8/3H 46050 Petaling Jaya Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 30/07/2013 | 200,000 | |
Disposed | 31/07/2013 | 250,000 |
Remarks : |
Form 29B was received by the Company on 6 August 2013 |
WCT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | WCT HOLDINGS BERHAD |
Stock Name | WCT |
Date Announced | 7 Aug 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | WW-130807-9E7FF |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPFACT1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (89,412,910 Shares) Employees Provident Fund Board (1,722,125 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(Amundi)(4,200,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(HDBS)(5,018,895 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Mayban) (3,000,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ALLIANCE) (2,999,500 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (6,657,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (760,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (14,742,750 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,200,000 Shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 02/08/2013 | 995,700 |
Remarks : |
Form 29B dated 5 August 2013 was received on 7 August 2013. |
WCT - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (DiPerbadankan)
Company Name | WCT HOLDINGS BERHAD |
Stock Name | WCT |
Date Announced | 7 Aug 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | WW-130807-7EE6F |
Particulars of substantial Securities Holder
Name | Kumpulan Wang Persaraan (DiPerbadankan) |
Address | Aras 4,5&6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur |
NRIC/Passport No/Company No. | KWAPACT6622007 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
Name & address of registered holder | Kumpulan Wang Persaraan DiPerbadankan)("KWAP")- 44,021,890 Shares KWAP's Fund Managers - 13,773,555 Shares |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 31/07/2013 | 198,100 | |
Disposed | 01/08/2013 | 105,400 |
Remarks : |
Form 29B dated 6 August 2013 was received on 7 August 2013. |
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