September 23, 2013

Company announcements: COMPUGT, PETGAS, IRETEX, SIGN, FOCAL, EKOVEST, RCECAP, BRAHIMS

COMPUGT - Changes in Sub. S-hldr's Int. (29B) - Goh Kheng Peow

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameCOMPUGATES HOLDINGS BERHAD  
Stock Name COMPUGT  
Date Announced23 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCP-130923-2644D

Particulars of substantial Securities Holder

NameGoh Kheng Peow
AddressNo. 80, Jalan SS23/9
47301 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.600304-10-5063
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderSee Thoo Chan
Kenanga Investment Bank Berhad
No. 80 Jalan SS23/9
47301 Petaling Jaya
Selangor Darul Ehsan
(Acquisition of 2,000,000 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/09/2013
2,000,000
0.080 

Circumstances by reason of which change has occurredAcquisition of 2,000,000 shares via Direct Business Transaction.
Nature of interestIndirect.
Direct (units)484,945,510 
Direct (%)22.72 
Indirect/deemed interest (units)80,016,900 
Indirect/deemed interest (%)3.75 
Total no of securities after change564,962,410
Date of notice23/09/2013

Remarks :
Total number of securities held after change is as follows:-

Direct Interest
---------------

Goh Kheng Peow : 335,010
(RHB Investment Bank Berhad)

Kenanga Nominees (Tempatan) Sdn. Bhd. : 80,860,600
Pledged Securities Account for Goh Kheng Peow

Kenanga Nominees (Tempatan) Sdn. Bhd., Sarawak Branch : 50,465,500
Pledged Securities Account for Goh Kheng Peow

RHB Capital Nominees (Tempatan) Sdn. Bhd. :40,945,400
Pledged Securities Account for Goh Kheng Peow

RHB Nominees (Tempatan) Sdn. Bhd. : 25,711,300
Pledged Securities Account for Goh Kheng Peow

Mayban Nominees (Tempatan) Sdn. Bhd. : 75,000,000
Pledged Securities Account for Goh Kheng Peow

Mayban Securities Nominees (Tempatan) Sdn. Bhd. : 57,000,000
Pledged Securities Account for Goh Kheng Peow

KAF Nominees (Tempatan) Sdn. Bhd. : 51,000,000
Pledged Securities Account for Goh Kheng Peow

AllianceGroup Nominees (Tempatan) Sdn. Bhd. : 55,000,000
Pledged Securities Account for Goh Kheng Peow

EB Nominees (Tempatan) Sdn. Bhd. : 32,627,700
Pledged Securities Account for Goh Kheng Peow

Malacca Equity Nominees (Tempatan) Sdn. Bhd.: 16,000,000
Pledged Securities Account for Goh Kheng Peow

------------------
Total 484,945,510
==================

Indirect Interest
-----------------

RHB Nominees (Tempatan) Sdn. Bhd. : 69,642,600
Pledged Securities Account for See Thoo Chan*

See Thoo Chan : 836,300
RHB Investment Bank Berhad*

Alliancegroup Nominees (Tempatan) Sdn. Bhd. : 1,800,000
Pledged Securities Account for See Thoo Chan*

See Thoo Chan : 3,000,000
Kenanga Investment Bank Berhad

Keane Goh Yan Han# : 4,738,000

------------------
Total 80,016,900
==================

Notes :
* Deemed interest by virtue of his relationship with See Thoo Chan, his spouse
# Deemed interest by virtue of his relationship with Keane Goh Yan Han, his son


COMPUGT - Changes in Sub. S-hldr's Int. (29B) - See Thoo Chan

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameCOMPUGATES HOLDINGS BERHAD  
Stock Name COMPUGT  
Date Announced23 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCP-130923-2643D

Particulars of substantial Securities Holder

NameSee Thoo Chan
AddressNo. 80 Jalan SS23/9
47301 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.610708-05-5508
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderSee Thoo Chan
Kenanga Investment Bank Berhad
No. 80 Jalan SS23/9
47301 Petaling Jaya
Selangor Darul Ehsan
(Acquisition of 2,000,000 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/09/2013
2,000,000
0.080 

Circumstances by reason of which change has occurredAcquisition of 2,000,000 shares via Direct Business Transaction.
Nature of interestDirect.
Direct (units)75,278,900 
Direct (%)3.53 
Indirect/deemed interest (units)489,683,510 
Indirect/deemed interest (%)22.94 
Total no of securities after change564,962,410
Date of notice23/09/2013

Remarks :
Total number of securities held after change is as follows:-

Direct Interest
---------------

RHB Nominees (Tempatan) Sdn. Bhd. : 69,642,600
Pledged Securities Account for See Thoo Chan

See Thoo Chan : 836,300
RHB Investment Bank Berhad

Alliancegroup Nominees (Tempatan) Sdn. Bhd. : 1,800,000
Pledged Securities Account for See Thoo Chan

See Thoo Chan : 3,000,000
Kenanga Investment Bank Berhad

-----------------
Total 75,278,900
=================

Indirect Interest
-----------------

Goh Kheng Peow : 335,010*
(RHB Investment Bank Berhad)

Kenanga Nominees (Tempatan) Sdn. Bhd. : 80,860,600
Pledged Securities Account for Goh Kheng Peow

Kenanga Nominees (Tempatan) Sdn. Bhd., Sarawak Branch : 50,465,500*
Pledged Securities Account for Goh Kheng Peow

RHB Capital Nominees (Tempatan) Sdn. Bhd. :40,945,400*
Pledged Securities Account for Goh Kheng Peow

RHB Nominees (Tempatan) Sdn. Bhd. : 25,711,300*
Pledged Securities Account for Goh Kheng Peow

Mayban Nominees (Tempatan) Sdn. Bhd. : 75,000,000*
Pledged Securities Account for Goh Kheng Peow

Mayban Securities Nominees (Tempatan) Sdn. Bhd.: 57,000,000*
Pledged Securities Account for Goh Kheng Peow

KAF Nominees (Tempatan) Sdn. Bhd. : 51,000,000*
Pledged Securities Account for Goh Kheng Peow

AllianceGroup Nominees (Tempatan) Sdn. Bhd. : 55,000,000*
Pledged Securities Account for Goh Kheng Peow

EB Nominees (Tempatan) Sdn. Bhd. : 32,627,700*
Pledged Securities Account for Goh Kheng Peow

Malacca Equity Nominees (Tempatan) Sdn. Bhd.: 16,000,000
Pledged Securities Account for Goh Kheng Peow

Keane Goh Yan Han# : 4,738,000
-------------------
Total 489,683,510
===================

Notes :
* Deemed interest by virtue of her relationship with Goh Kheng Peow, her spouse
# Deemed interest by virtue of her relationship with Keane Goh Yan Han, her son


PETGAS - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (Amended Announcement)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePETRONAS GAS BERHAD  
Stock Name PETGAS  
Date Announced23 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-130923-AE7D4

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak,
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of RM1.00/share
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak,
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/09/2013
11,500
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP's Fund Manage
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change105,251,600
Date of notice20/09/2013

Remarks :
Received Form 29B on 23 September 2013


IRETEX - Changes in Sub. S-hldr's Int. (29B) - TEY POR YEE

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIRE-TEX CORPORATION BERHAD  
Stock Name IRETEX  
Date Announced23 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130923-60101

Particulars of substantial Securities Holder

NameTEY POR YEE
AddressBLOK S1-10-22, P/PURI SUTRAMAS PERSIARAN PUCHONG JAYA SELATAN, BANDAR PUCHONG JAYA, 47100 PUCHONG,
SELANGOR DARUL EHSAN.
NRIC/Passport No/Company No.760202-14-5147
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holderTEY POR YEE
BLOK S1-10-22, P/PURI SUTRAMAS PERSIARAN PUCHONG JAYA SELATAN, BANDAR PUCHONG JAYA, 47100 PUCHONG,
SELANGOR DARUL EHSAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/09/2013
2,900,000
 
Acquired19/09/2013
1,600,000
 

Circumstances by reason of which change has occurredACQUISITION OF SHARES
Nature of interestDIRECT INTEREST
Direct (units)13,007,000 
Direct (%)28.51 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change13,007,000
Date of notice23/09/2013


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

Announcement Type: General Announcement
Company NameSIGNATURE INTERNATIONAL BERHAD  
Stock Name SIGN  
Date Announced23 Sept 2013  
CategoryGeneral Announcement
Reference NoCC-130822-61664

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionSIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY")
ACQUISITION BY SIGNATURE CABINET SDN BHD ("SCSB"), A WHOLLY-OWNED SUBSIDIARY OF SIGN, OF TWO (2) UNITS OF SERVICED APARTMENTS TO BE ERECTED ON A PIECE OF FREEHOLD LAND UNDER H.S.(D) 283190, P.T. 35472 IN THE MUKIM DAMANSARA, DAERAH PETALING, NEGERI SELANGOR IN AN AREA MEASURING APPROXIMATELY 29,380 SQUARE METERS (COLLECTIVELY REFERRED TO AS THE "PROPERTIES") FROM HSB DEVELOPMENT SDN BHD ("HSB DEVELOPMENT") FOR A TOTAL CASH CONSIDERATION OF RM3,699,900 ("ACQUISITION")
1. INTRODUCTION
      The Board of Directors of SIGN ("Board") wishes to announce that SCSB, a wholly-owned subsidiary of SIGN ("Purchaser"), had entered into two (2) Sale and Purchase Agreement ("SPA") with HSB Development ("Vendor") on 23 September 2013 to purchase two (2) units of serviced apartments from the Vendor for a total cash consideration of approximately RM3.7 million ("Purchase Consideration").

      Further details on the Acquisition and SPA are set out in the ensuing sections.

2. DETAILS OF THE ACQUISITION

      On 30 May 2013, the Board had announced that its wholly-owned subsidiary, SCSB, had through an open tender been awarded with a contract from Putra Perdana Construction Sdn Bhd ("PPCSB") for the sub-contract works of the proposed development "Ara Greens Wellness and Healthcare City" on Lot P.T.1427, Jalan PJU 1A/20, Mukim Damansara, Daerah Petaling, Selangor Darul Ehsan. The sub-contract value is RM34.4 million which comprises the supply, delivery to site and installation of built-in kitchen cabinets & appliances, wardrobe, toilet cabinetry and vanity top (the "Sub-Contract Works").

      On 1 July 2013, the Board announced that SCSB had on 1 July 2013, received a clarification letter from PPCSB confirming that on-site installation for the Sub-Contract Works will commence on 15 November 2013 and the completion date will be on 30 November 2014.

      HSB Development is a wholly-owned subsidiary of HSC Healthcare Sdn Bhd (“HSC Healthcare”), a major shareholder of SIGN, and therefore deemed a related party of SIGN.

      2.1 Particulars of the Properties:-

          The summary of the details of the Properties are set out as follows:-

          Details
          Apartment I
          Apartment II
          Description of the Properties/TitleAll that parcel of an apartment known as Unit No. D-06-03, Type E2, Storey/Level No. Level 6, Building No. Tower D, measuring approximately 2,227 square feet (206.90 square meter), together with accessory parcels car park bays Nos. 569, 570 and 579 of Storey No. Level B2 in a housing development known as AraGreens Residences. All that parcel of an apartment known as Unit No. D-15-03A, Type F2, Storey/Level No. Level 15, Building No. Tower D, measuring approximately 3,135.50 square feet (291.30 square meter), together with accessory parcels car park bays Nos. 532, 533 and 533A of Storey No. Level B2 in a housing development known as AraGreens Residences.
          Postal AddressCurrently under construction Currently under construction
          Registered owner of the PropertiesNation Kinetic Sdn Bhd Nation Kinetic Sdn Bhd
          Developer of the PropertiesHSB DevelopmentHSB Development
          Built-up areaApproximately 2,227 square feet (206.90 square meter)Approximately 3,135.50 square feet (291.30 square meter)
          Existing useVacant landVacant land
          Proposed useResidentialResidential
          Age of the buildingUndergoing development*Undergoing development*
          TenureFreeholdFreehold
          Restriction of interestNone None
          Market valueNot applicable as Apartment I is currently being developedNot applicable as Apartment II is currently being developed
          Purchase ConsiderationRM1,409,400 RM2,290,500
          Original cost of investment (RM)Not applicable as SCSB will be the first purchaser. Cost of investment will be at the purchase consideration for Apartment I.Not applicable as SCSB will be the first purchaser. Cost of investment will be at the purchase consideration for Apartment II.
          EncumbrancesLand on which the building is being constructed upon is currently charged to Maybank Islamic Berhad Land on which the building is being constructed upon is currently charged to Maybank Islamic Berhad

          Note:-

          * The on-going development project by HSB Development had commenced on March 2012 and is estimated to be completed in 2015.

          Save for the costs in relation to the renovation and refurbishment works on the Properties, if any, there are no other additional financial commitments required by SIGN to put the Properties on-stream.

          Disclosure on net book value is not applicable as the Properties are currently being developed.
      2.2 Basis and justification of arriving at the Purchase Consideration

          The total cash consideration of approximately RM3.7 million was arrived at on a willing buyer willing seller basis and after taking into consideration the current selling prices of the neighbouring properties transacted.

          The most recent transacted price for similar units of apartment in Ara Damansara are as below:

          Price of High Rise Residential Properties in Ara Damansara

          Primary Market
          Launch Date
          Average Selling Price/Asking Price ( MAY 2013)
          AraGreens Residences
          Jun-12
          803 (1)
          Jazz Residences
          Oct-12
          800(2)
          Verde Ara Damansara
          Dec-12
          600 (2)
          Nova Saujana
          Jan-13
          600-750 (2)
          Oasis Services Suites
          Apr-13
          625-769 (3)
          Ara Hill Condominium
          Nov-07
          542-800 (3)
          Hijauan Saujana
          Jun-12
          459-479 (3)

Source: HSB Development
          Notes:
          (1) AraGreens Residences are priced up to 43% premium to projects in the surrounding area
          (2) Selling price for properties in primary market
          (3) Asking price for properties in secondary market

      2.3 Liabilities to be assumed

          There are no liabilities, including contingent liabilities and guarantees to be assumed by the Purchaser pursuant to the Acquisition.
      2.4 Source of funding

          The Acquisition is expected to be funded by internally generated funds of the Company.
      2.5 Salient terms and conditions of the SPA

          The SPA is in the statutory prescribed form under Schedule H of the Housing Development (Control and Licensing) Regulations 1989.

          2.5.1 Interest on late payment
                (i) Without prejudice to the Vendor's right under clause 9 of the SPA, if any of the instalments set out in the Third Schedule of the SPA shall remain unpaid by the Purchaser at the expiration of the said period of twenty-one (21) working days, interest on such unpaid instalment shall commence immediately thereafter and be payable by the Purchaser and such interest shall be calculated from day to day at the rate of ten per centum (10%) per annum.
                (ii) The Vendor shall not be entitled to charge interest on the late payment in respect of any instalment if the delay in payment of such instalment is due to any one or more of the following:
                    (a) the relevant progressive claim notice referred to in the Third Schedule of the SPA furnished by the Vendor to the Purchaser and/or the Financier (as defined in the SPA) is not complete or is not in compliance with the requirement of subclause 4(2);

                    (b) in the event the said Land (as defined in the SPA) is encumbered to any bank and/or financial institution by the Vendor, such bank and/or financial institution shall delay or fail to issue and deliver the redemption statement and undertaking letter in respect of the said Parcel (as defined in the SPA) to the Purchaser or the Financier; or

                    (c) in the event the said Land is encumbered to any bank and/or financial institution by the Vendor, the Financier shall refuse to release the relevant portion of the Loan (as defined in the SPA) equivalent to the progressive payment due on the ground that such progressive payment is insufficient to settle the full redemption sum payable in respect of the said Parcel.
            2.5.2 Time for delivery of vacant possession
                  (i) Vacant possession of the said Parcel shall be delivered to the Purchaser in the manner stipulated in clause 26 within thirty-six (36) calendar months from the date of the SPA.
                  (ii) If the Vendor fails to deliver vacant possession of the said Parcel in the manner stipulated in clause 26 of the SPA within the time stipulated in subclause (1) of the SPA, the Vendor shall be liable to pay to the Purchaser liquidated damages calculated from day to day at the rate of ten per centum (10%) per annum of the purchase price from the expiry date of the delivery of vacant possession in subclause (1) of the SPA until the date the Purchaser takes vacant possession of the said Parcel. Such liquidated damages shall be paid by the Vendor to the Purchaser immediately upon the date the Purchaser takes vacant possession of the said Parcel.
                  (iii) For the avoidance of doubt, any cause of action to claim liquidated damages by the Purchaser under this clause shall accrue on the date the Purchaser takes vacant possession of the said Parcel.
              2.5.3 Defect liability period
                    (i) Any defect, shrinkage or other faults in the said Parcel or in the said Building (as defined in the SPA) or in the common property which shall become apparent within a period of twenty-four (24) calendar months after the date the Purchaser takes vacant possession of the said Parcel and which are due to defective workmanship or materials or; the said Parcel or the said Building or the common property not having been constructed in accordance with the plans and description as specified in the First and Fourth Schedule of the SPA as approved or amended by the Appropriate Authority (as defined in the SPA), shall be repaired and made good by the Vendor at its own cost and expense within thirty (30) days of the Vendor having received written notice thereof from the Purchaser.
                    (ii) If the said defect, shrinkage or other faults in the said Parcel or the said Building or the said common property have not been made good by the Vendor within the said period of thirty (30) days under subclause (1), the Purchaser shall be entitled to carry out the works to repair and make good the said defect, shrinkage or other faults himself and to recover from the Vendor the costs of repairing and making good the same and the Purchaser may deduct such costs from any sum which has been held by the Vendor's solicitors as stakeholder for the Vendor under item 5 of the Third Schedule of the SPA provided that the Purchaser shall, at any time after the expiry of the said period of thirty (30) days, notify the Vendor of the cost of repairing and making good the said defect, shrinkage or other faults before the commencement of the works and shall give the Vendor an opportunity to carry out the works himself within fourteen (14) days from the date the Purchaser has notified the Vendor of his intention to carry out the said works and provided further that the Purchaser shall carry out and commence the said works as soon as practicable after the Vendor's failure to carry out the said works within the said period of fourteen (14) days. In such an event, the Vendor's solicitors shall release such costs to the Purchaser from the stakeholder sum held by the Vendor's solicitors under item 5 of the Third Schedule of the SPA within fourteen (14) days after receipt by the Vendor's solicitors of the Purchaser's written demand specifying the amount of such costs.
                    (iii) Subject to subclause (2) of the SPA, where the Purchaser has, before the expiry of eight (8) months or twenty-four (24) months after the date the Purchaser takes vacant possession of the said Parcel as set out in item 5(a) and item 5(b) respectively of the Third Schedule of the SPA, duly served on the Vendor's solicitors a copy of the written notice from the Purchaser to the Vendor under subclause (1) of the SPA to rectify the said defect, shrinkage or other faults in the said Parcel or the said Building or the said common property, the Vendor's solicitors shall not release to the Vendor the relevant sum held by the Vendor's solicitors as stakeholder pursuant to item 5(a) and/or item 5(b) of the Third Schedule of the SPA, as the case may be, until the Vendor's solicitors shall have received a certificate signed by the Vendor's architect certifying that the said defect, shrinkage or other faults in the said Parcel or the said Building or the said common property have been repaired and made good by the Vendor.

            2.6 Information on the Vendor

                HSB Development was incorporated in Malaysia under the Companies Act 1965, as a private limited company under its present name on 26 September 2005. It is principally engaged in the business of investment holding, healthcare related property development, advertising and promotional campaigns. The authorised share capital of HSB Development is RM10,000,000.00 comprising 10,000,000 ordinary shares of RM1.00 each, of which 6,247,000 ordinary shares are issued and fully paid-up. HSB Development is a wholly-owned subsidiary of HSC Healthcare, a major shareholder of the Company. The directors of HSB Development are Dr. Lim Yin Chow and Dr. Soo Chee Siong, who are the principal shareholders of HSC Healthcare.


        3. RATIONALE AND PROSPECTS FOR THE ACQUISITION

            The Board believes that the Acquisition represents a good investment opportunity given that the development is located in a matured area with good connectivity and public amenities in close proximity. As such, the Board believes that the Properties have good prospects for rental yield and capital appreciation.

        4. EFFECTS OF THE ACQUISITION

            4.1 Share capital and substantial shareholders' shareholdings

                The Acquisition will not have any effect on the issued and paid-up share capital as well as the substantial shareholders' shareholdings in SIGN as it does not involve any issuance of shares.
            4.2 Earnings

                The Acquisition is not expected to have any material effect on the earnings and earnings per share of SIGN and its group of subsidiaries ("SIGN Group" or "Group") for the Financial Year Ending (“FYE”) 30 June 2014.
            4.3 Net assets ("NA") and gearing

                The Acquisition is not expected to have any material effect on the NA of SIGN Group as the Purchase Consideration will be satisfied in cash and does not involve the issuance of shares in SIGN.

                The Acquisition is also not expected to have a material impact on the gearing of the SIGN Group.


        5. RISK FACTORS

            Shareholders should consider the following risk factors (which may not be exhaustive) pertaining to the Acquisition as follows:-

            (i) Acquisition Risks

                Although the management of SIGN has exercised due care in assessing the risks and merits of the Acquisition, there can be no assurance that the Company will be able to reap the expected rental returns from the Properties. Furthermore, there can be no assurance that the property will appreciate in value and thus preventing the Company from enjoying capital appreciation on the Properties.

                Nevertheless, the Board believes that the location of the Properties is likely to attract tenants due to its proximity to public amenities, facilities, public transport, etc.

            (ii) Non-completion of the Acquisition

                The completion of the Acquisition is subject to, inter-alia, the fulfillment of the conditions set out in Section 2.5 above. In the event the conditions are not met, the Acquisition will not be completed, which will result in the failure of the Group to achieve the objectives and benefits of the Acquisition.

                In the event that the Acquisition will not be completed due to non-fulfilment of any of the conditions, the deposit will be refunded by the Vendor as per the terms set out in the SPA as set out in Section 2.5 above.


        6. APPROVALS REQUIRED FOR THE ACQUISITION

            The Acquisition is not subject to the approval of the shareholders of the Company or from any other relevant authorities.


        7. INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM

            Save for Dr. Lim Yin Chow and HSC Healthcare, none of the Directors, major shareholders and/or persons connected to them have any interest, whether direct or indirect, in the Acquisition.

            Accordingly, Dr. Lim Yin Chow has abstained from all Board deliberations with regards to the Acquisition.


        8. ESTIMATED TIMEFRAME FOR COMPLETION

            Barring unforeseen circumstances, the Acquisition is expected to be completed by the end of 2013.


        9. PERCENTAGE RATIOS

            Based on SIGN's audited consolidated financial statements for the financial year ended 30 June 2012 and pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the highest percentage ratio applicable to the Acquisition is 3.65%.


        10. DIRECTORS' STATEMENT

            The Board, having considered all aspects of the Acquisition, is of the opinion that the terms of the Acquisition is in the best interest of the SIGN Group.

            The view of the Board was arrived at after having considered the terms and conditions of the SPA as well as the rationale and effects of the Acquisition on SIGN Group.


        11. DOCUMENTS AVAILABLE FOR INSPECTION

            The SPA are available for inspection at the registered office of SIGN at Lot 6.05, Level 6, KPMG Tower, 8 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan during normal business hours (except public holidays) for a period of one (1) month from the date of this announcement.


        This announcement is dated 23 September 2013.


        FOCAL - Changes in Director's Interest (S135) - Wan Mustapha bin Wan Ismail

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NameFOCAL AIMS HOLDINGS BERHAD  
        Stock Name FOCAL  
        Date Announced23 Sept 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoCS-130923-77279

        Information Compiled By KLSE

        Particulars of Director

        NameWan Mustapha bin Wan Ismail
        AddressLot 72, Lakeview Bungalows, Saujana Resort, Seksyen U2, 40150 Shah Alam, Selangor Darul Ehsan
        Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transaction
        Date of change
        No of securities
        Price Transacted (RM)
        Others
        17/09/2013
        1,135,833
         
        Others
        17/09/2013
        2,000,000
         
        Others
        17/09/2013
        1,050,000
         
        Others
        17/09/2013
        1,050,000
         
        Others
        17/09/2013
        1,050,000
         

        Description of other type of transaction(1) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,135,833 of shares by Wan Mustapha bin Wan Ismail.
        (2) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 2,000,000 of shares by Yuningsih binti Abdul Wahid.
        (3) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,050,000 of shares by Wan Asnita binti Wan Mustapha.
        (4) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,050,000 of shares by Wan Farah Alifa binti Wan Mustapha.
        (5) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,050,000 of shares by Wan Akmal bin Wan Mustapha.
        Circumstances by reason of which change has occurred(1) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,135,833 of shares by Wan Mustapha bin Wan Ismail.
        (2) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 2,000,000 of shares by Yuningsih binti Abdul Wahid.
        (3) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,050,000 of shares by Wan Asnita binti Wan Mustapha.
        (4) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,050,000 of shares by Wan Farah Alifa binti Wan Mustapha.
        (5) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 1,050,000 of shares by Wan Akmal bin Wan Mustapha.
        Nature of interestDirect and Indirect
        Consideration (if any) 

        Total no of securities after change

        Direct (units)1,135,833 
        Direct (%)0.45 
        Indirect/deemed interest (units)6,313,390 
        Indirect/deemed interest (%)2.49 
        Date of notice20/09/2013


        FOCAL - Changes in Director's Interest (S135) - Yee Yok Sen

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NameFOCAL AIMS HOLDINGS BERHAD  
        Stock Name FOCAL  
        Date Announced23 Sept 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoCS-130923-77278

        Information Compiled By KLSE

        Particulars of Director

        NameYee Yok Sen
        Address90, Jalan Tarom, 80100 Johor Bahru, Johor Darul Takzim
        Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transaction
        Date of change
        No of securities
        Price Transacted (RM)
        Others
        17/09/2013
        9,188,888
         
        Others
        17/09/2013
        268,888
         

        Description of other type of transaction(1) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 9,188,888 of shares by Yee Yok Sen.
        (2) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 268,888 of shares by Lee Siaw Ling.
        Circumstances by reason of which change has occurred(1) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 9,188,888 of shares by Yee Yok Sen.
        (2) Conditional Share Sale Agreement dated 17 September 2013 to, inter alia, sell 268,888 of shares by Lee Siaw Ling.
        Nature of interestDirect and Indirect
        Consideration (if any) 

        Total no of securities after change

        Direct (units)9,188,888 
        Direct (%)3.63 
        Indirect/deemed interest (units)268,888 
        Indirect/deemed interest (%)0.11 
        Date of notice20/09/2013


        EKOVEST - OTHERS EKOVEST BERHAD (“EKOVEST” OR “COMPANY”) PROPOSED IMPLEMENTATION OF THE EXTENSION TO THE DUTA-ULU KELANG EXPRESSWAY PURSUANT TO THE SUPPLEMENTAL CONCESSION AGREEMENT ENTERED INTO BETWEEN KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD AND THE GOVERNMENT OF MALAYSIA (“PROPOSED DUKE PHASE-2”)

        Announcement Type: General Announcement
        Company NameEKOVEST BERHAD  
        Stock Name EKOVEST  
        Date Announced23 Sept 2013  
        CategoryGeneral Announcement
        Reference NoMM-130923-65505

        TypeAnnouncement
        SubjectOTHERS
        DescriptionEKOVEST BERHAD (“EKOVEST” OR “COMPANY”)

        PROPOSED IMPLEMENTATION OF THE EXTENSION TO THE DUTA-ULU KELANG EXPRESSWAY PURSUANT TO THE SUPPLEMENTAL CONCESSION AGREEMENT ENTERED INTO BETWEEN KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD AND THE GOVERNMENT OF MALAYSIA (“PROPOSED DUKE PHASE-2”)

        (Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the circular to the shareholders of Ekovest dated 26 March 2013.)

        We refer to the circular to the shareholders of Ekovest dated 26 March 2013 and the announcement dated 9 May 2013.

        Following the completion of the Proposed Share Exchange on 9 May 2013, Ekovest now holds 70% equity interest in Kesturi, the concession holder of the DUKE. The Company had disclosed in its circular to its shareholders dated 26 March 2013 of the Company’s intention to seek its shareholders’ approval for the Proposed DUKE Phase-2 once details of the financing arrangement for the Proposed DUKE Phase-2 have been finalised.

        On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that the circular to seek Ekovest’s shareholders approval in relation to the Proposed DUKE Phase-2 has been submitted to Bursa Malaysia Securities Berhad today for its clearance.

        This announcement is dated 23 September 2013.



        RCECAP - Notice of Shares Buy Back - Immediate Announcement

        Announcement Type: Notice of Shares Buy Back - Immediate Announcement
        Company NameRCE CAPITAL BERHAD  
        Stock Name RCECAP  
        Date Announced23 Sept 2013  
        CategoryNotice of Shares Buy Back - Immediate Announcement
        Reference NoRC-130923-2D620

        Date of buy back23/09/2013
        Description of shares purchasedOrdinary shares of RM0.10 each
        CurrencyMalaysian Ringgit (MYR)
        Total number of shares purchased (units)20,000
        Minimum price paid for each share purchased ($$)0.275
        Maximum price paid for each share purchased ($$)0.275
        Total consideration paid ($$)5,547.65
        Number of shares purchased retained in treasury (units)20,000
        Number of shares purchased which are proposed to be cancelled (units)
        Cumulative net outstanding treasury shares as at to-date (units)3,672,900
        Adjusted issued capital after cancellation
        (no. of shares) (units)
         
        Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.31


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

        Announcement Type: General Announcement
        Company NameBRAHIM'S HOLDINGS BERHAD  
        Stock Name BRAHIMS  
        Date Announced23 Sept 2013  
        CategoryGeneral Announcement
        Reference NoMM-130919-60091

        TypeAnnouncement
        SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
        FUND RAISING
        DescriptionBRAHIM’S HOLDINGS BERHAD (“BHB” OR “COMPANY”)

        PRIVATE PLACEMENT OF UP TO 21,480,500 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BHB AT AN ISSUE PRICE OF RM1.45 PER PLACEMENT SHARE (“PRIVATE PLACEMENT”)

        (All the abbreviations used in this announcement are as defined in our previous announcements)

        Further to our announcements dated 9 September 2013, 10 September 2013, 11 September 2013 and 13 September 2013 in relation to the Private Placement, we, Public Investment Bank Berhad, on behalf of the Board of Directors of BHB (“Board”), is pleased to announce that the Board had on 23 September 2013 (“Price-Fixing Date”) fixed the issue price for 10,740,250 Placement Shares, representing five percent (5%) of the issued and paid-up share capital of BHB, being the first (1st) tranche of the Placement Shares at RM1.45 per Placement Share (“Issue Price”). The Private Placement will be implemented on a staggered basis.

        The Issue Price represents a discount of approximately 1.51% to the five (5)-day volume weighted average market price of the BHB Shares up to and including 20 September 2013, being the market day immediately preceding the Price-Fixing Date of RM1.4722.

        This announcement is dated 23 September 2013.



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