August 28, 2013

Company announcements: THPLANT, KHSB, STONE, GUNUNG, PANSAR, WWTKH, FRB, AKNIGHT

THPLANT - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoTP-130828-A8842

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTHE KUCHING HIGH COURT CIVIL SUIT NO. 22-249-98-III(I) (THE COURT OF APPEAL CIVIL APPEAL NO. Q-01-136-03/2012 AND NO. Q-01-137-03/2012): TR NYUTAN ANAK JAMI, GANGAK ANAK GUMA, LANGA ANAK KAMA AND 183 OTHERS V LAND CUSTODY AND DEVELOPMENT AUTHORITY, NIRWANA MUHIBBAH SDN. BHD. AND THE STATE GOVERNMENT OF SARAWAK
We refer to our announcement made on 11 April 2013.
We wish to update that the Court of Appeal in Kuching, Sarawak has deferred the date of hearing of the Appeal Proper from 28 August 2013 to 29 August 2013. The Court of Appeal has also set 29 August 2013 for case management, before the Appeal Proper is heard.

This announcement is dated 28 August 2013.


KHSB - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameKUMPULAN HARTANAH SELANGOR BERHAD  
Stock Name KHSB  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoKH-130828-43180

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionKUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" OR "COMPANY")

- ACQUISITION OF ORDINARY SHARES OF RM1.00 EACH IN KUMPULAN HARTANAH SELANGOR BERHAD (“KHSB”) (“KHSB SHARES”) FROM THE OPEN MARKET BY KUMPULAN DARUL EHSAN BERHAD ("KDEB")
The Board of Directors of KHSB wishes to announce that the Company has today received the attached press notice from AFFIN Investment Bank Berhad, on behalf of KDEB, informing that pursuant to Section 33 of the Malaysian Code on Take-Overs and Mergers 2010, KDEB has dealt in KHSB Shares on 27 August 2013.
Please refer to the attachment for further details.

This announcement is dated 28 August 2013.


KHSB - Notice of Interest Sub. S-hldr (29A) - Kumpulan Darul Ehsan Berhad

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameKUMPULAN HARTANAH SELANGOR BERHAD  
Stock Name KHSB  
Date Announced28 Aug 2013  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoKH-130827-52912

Particulars of Substantial Securities Holder

NameKumpulan Darul Ehsan Berhad
AddressTingkat 16, Plaza Perangsang, Persiaran Perbandaran, 40000 Shah Alam, Selangor Darul Ehsan.
NRIC/Passport No/Company No.148040-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each.
Name & address of registered holderKumpulan Darul Ehsan Berhad
Tingkat 16, Plaza Perangsang, Persiaran Perbandaran, 40000 Shah Alam, Selangor Darul Ehsan.

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired27/08/2013
No of securities38,662,400
Circumstances by reason of which Securities Holder has interestAcquisition of shares in open market.
Nature of interestDirect
Price Transacted ($$)0.829

Total no of securities after change

Direct (units)38,662,400 
Direct (%)8.59 
Indirect/deemed interest (units)254,562,576 
Indirect/deemed interest (%)56.57 
Date of notice28/08/2013


KHSB - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company NameKUMPULAN HARTANAH SELANGOR BERHAD  
Stock Name KHSB  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoKH-130828-45441

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionKUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" OR "COMPANY")
- PUBLIC SHAREHOLDING SPREAD
Further to the earlier announcement dated 28 August 2013 in respect of the acquisition of 38,662,400 ordinary shares of RM1.00 each in KHSB (“KHSB Shares”) from the open market by Kumpulan Darul Ehsan Berhad (“KDEB”) (“Acquisition”), the Board of Directors of KHSB wishes to announce that the Company, as of today, does not comply with the public shareholding spread requirement as set out in Paragraph 8.02(1) of the Listing Requirements where a listed issuer must ensure that at least 25% of its total listed shares (excluding treasury shares) are in the hands of public shareholders.
As of 27 August 2013 (being the last market day prior to this announcement), the percentage of public shareholding spread is 22.08%.

KHSB had been notified that on 29 April 2013, KDEB had entered into a conditional share purchase agreement (“SPA”) with Kumpulan Perangsang Selangor Berhad (our current immediate shareholder) for the proposed acquisition of 254,562,576 KHSB Shares for a cash consideration of RM212,814,313.54 or RM0.836 per KHSB Share. Pursuant to the Malaysian Code on Take-Overs and Mergers, 2010, upon fulfilment of the last conditions precedent stipulated in the SPA, KDEB would be obliged to make an offer to acquire the following:

(i) all the remaining KHSB Shares not already owned by KDEB and its parties acting in concert; and

(ii) all the new KHSB Shares that may be issued prior to the close of the offer arising from the exercise of the outstanding options granted pursuant to KHSB’s employees’ share option scheme

(collectively referred to as the “Offer Shares”), for a cash offer price of RM0.836 per Offer Share (“Offer”).

Further, KHSB had been informed that pursuant to the Offer, KDEB do not intend to maintain the listing status of KHSB on the Main Market of Bursa Securities. Therefore, KDEB will not be taking any step to address the shortfall in the public shareholding spread of KHSB. Consequently, there will be no rectification plan to be undertaken by KHSB in order to rectify the public shareholding spread of KHSB in view of the Acquisition, SPA and Offer, at this juncture.

This announcement is dated 28 August 2013.


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

Announcement Type: Financial Results
Company NameSTONE MASTER CORPORATION BERHAD  
Stock Name STONE  
Date Announced28 Aug 2013  
CategoryFinancial Results
Reference NoSM-130828-AE409

Financial Year End30/09/2013
Quarter3
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
16,723
17,040
48,864
46,650
2Profit/(loss) before tax
-1,208
185
-2,403
-5,693
3Profit/(loss) for the period
-1,266
138
-2,582
-5,734
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,266
-138
-2,582
-5,790
5Basic earnings/(loss) per share (Subunit)
-3.01
-0.33
-6.15
-13.79
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 ($$)
0.2836
0.3451
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


GUNUNG - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameGUNUNG CAPITAL BERHAD  
Stock Name GUNUNG  
Date Announced28 Aug 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoCG-130828-01301

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrants 2003/2013 (Gunung-WA)
No. of shares issued under this corporate proposal1,669,104
Issue price per share ($$)MYR 0.400
Par Value ($$)MYR 0.400
Latest issued and paid up share capital after the above corporate proposal in the following
Units126,110,014
CurrencyMYR 50,444,005.600
Listing Date29/08/2013


PANSAR - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NamePANSAR BERHAD  
Stock Name PANSAR  
Date Announced28 Aug 2013  
CategoryGeneral Meetings
Reference NoCC-130828-40849

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting28/08/2013
Time08:30 AM
VenueTanahmas Hotel, Jalan Kampung Nyabor, Sibu, Sarawak.
Outcome of Meeting

The Board of Directors of Pansar Berhad ("Pansar") wishes to announce that the shareholders of Pansar have at the Thirty-Ninth Annual General Meeting ("AGM") held on 28 August 2013 morning passed all the resolutions set out in the Notice of AGM dated 6 August 2013.



WWTKH - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameWAWASAN TKH HOLDINGS BERHAD  
Stock Name WWTKH  
Date Announced28 Aug 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoCK-130827-37922

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal2,800
Issue price per share ($$)MYR 0.210
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units464,453,029
CurrencyMYR 46,445,302.900
Listing Date29/08/2013


FRB - OTHERS DIVESTMENT OF 12,500,000 ORDINARY SHARES OF RM0.10 EACH IN MICROLINK SOLUTIONS BERHAD

Announcement Type: General Announcement
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoFR-130828-45026

TypeAnnouncement
SubjectOTHERS
DescriptionDIVESTMENT OF 12,500,000 ORDINARY SHARES OF RM0.10 EACH IN MICROLINK SOLUTIONS BERHAD

Formis Holdings Bhd (“FHB”), a wholly-owned subsidiary of Formis Resources Berhad (“FRB” and/or “the Company”) had undertaken a mandatory take-over offer on Microlink Solutions Berhad (“Microlink”) in accordance with the Malaysian Code on Take-overs and Mergers 2010 which had been completed on 12 August 2013. FHB had stated in the Offer Document dated 28 May 2013 that it intends to maintain the listing status of Microlink.

As at 26 August 2013, FHB has a 97.83% shareholding in Microlink and Microlink’s public shareholding spread stands at 2.12% as announced by Microlink on 15 August 2013 which is not in compliance with Rule 8.02 of the ACE Market Listing Requirement of Bursa Malaysia Securities Berhad (“Bursa Securities”) which requires Microlink to ensure that at least 25% of its total listed shares are in the hands of public shareholders (“Public Spread Requirement”).

The Board of Directors (“Board”) of FRB wishes to announce that FHB has on 27 August 2013 divested 12.5 million ordinary shares of RM0.10 each in Microlink (“Microlink Shares”) at a sale consideration of RM0.55 per Microlink Share (“Divestment Price”) to third party individual investors (“Investors”) via direct business transactions (“Divestment”). The Divestment would be the first initiative undertaken by FHB to rectify the shortfall in the Public Spread Requirement of Microlink.

Upon the completion of the Divestment, FHB will hold an aggregate of 88.77% equity interest in Microlink.

Given that the Divestment is in line with initiatives to rectify the public shareholding spread, the Divestment Price of RM0.55 per Microlink share was set on 22 August 2013 when interested investors to partake in the future of Microlink were identified. While representing a 5.74% discount against the volume-weighted average market price for the five (5) market days immediately prior to 22 August 2013 of Microlink shares of RM0.5835, the Divestment Price of RM0.55 is 6.32% higher than FHB’s average cost of investment in Microlink of RM0.5173 per Microlink share. The Divestment Price was subsequently agreed upon by the parties on 27 August 2013.

Microlink was incorporated as a private limited company on 7 July 2003 in Malaysia under the Companies Act, 1965 (“Act”) under the name of M-Cape Holdings Sdn Bhd. It subsequently changed its name to Microlink Solutions Sdn Bhd on 22 September 2004. It was converted into a public limited company under its present name on 4 March 2005 and was listed on the ACE Market of Bursa Securities on 23 June 2006. As at 26 August 2013, the authorised share capital of Microlink is RM25,000,000 comprising 250,000,000 Microlink Shares, of which RM13,786,640 comprising 137,866,400 Microlink Shares have been issued and credited as fully paid-up. Microlink is principally involved in investment holding and provision of research and development of information technology solutions to the financial services industry.

The Divestment does not require the approval of FRB's shareholders as it falls below the percentage ratio threshold as stipulated under the Main Market Listing Requirements of Bursa Securities. The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Securities for the Divestment is 4.91%. The Divestment is also not subject to the approval of any other relevant Authorities.

None of the directors and/or major shareholders of FRB and/or persons connected to them have any interest, direct and/or indirect, in the Divestment.

The Directors of FRB, after having considered all aspects of the Divestment, are of the opinion that the Divestment is in the best interest of the FRB Group.

This announcement is dated 28 August 2013.



AKNIGHT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameASIA KNIGHT BERHAD  
Stock Name AKNIGHT  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoOS-130828-47973

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionASIA KNIGHT BERHAD (FORMERLY KNOWN AS PAHANCO CORPORATION BERHAD) ("A-KNIGHT" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF A-KNIGHT (“PROPOSED PRIVATE PLACEMENT”)

We refer to the announcements dated 6 August 2013 and 7 August 2013 in relation to the Proposed Private Placement (“Announcements”).

Further to the Announcements, on behalf of A-Knight, TA Securities Holdings Berhad (“TA Securities”) wishes to announce the additional information as set out in the attachment below, pursuant to the request of Bursa Malaysia Securities Berhad.

This announcement is dated 28 August 2013.

Attachments

Aknight_130828.pdf
107 KB



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