September 26, 2013

Company announcements: GKENT, GLOMAC, OLDTOWN, TUNEINS, OCTAGON, ENGKAH, CENBOND, KEINHIN, SIGN, YINSON

GKENT - GKENT - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameGEORGE KENT (MALAYSIA) BERHAD  
Stock Name GKENT  
Date Announced26 Sept 2013  
CategoryListing Circular
Reference NoRN-130925-33720

LISTING'S CIRCULAR NO. L/Q : 68865 OF 2013


    Interim dividend of 2.0 sen per share less 25% tax.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 7 October 2013 ]

    2) The last date of lodgement : [ 9 October 2013 ]

    3) Date Payable : [ 31 October 2013 ]


GLOMAC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameGLOMAC BERHAD  
Stock Name GLOMAC  
Date Announced26 Sept 2013  
CategoryGeneral Announcement
Reference NoMI-130926-67134

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionGLOMAC BERHAD (“GLOMAC” OR “COMPANY”)

PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE SCHEME OF UP TO EIGHT PERCENT (8%) OF THE ISSUED AND PAID-UP SHARE CAPITAL (EXCLUDING TREASURY SHARES) OF GLOMAC AT ANY POINT IN TIME (“PROPOSED ESS”)

On behalf of the Board of Directors of Glomac, Maybank Investment Bank Berhad wishes to announce that Glomac proposes to establish and implement an employees’ share scheme of up to eight percent (8%) of the issued and paid-up share capital (excluding treasury shares) of the Company at any point in time for the option(s) to subscribe for and/or award of ordinary shares of RM0.50 each in Glomac to the eligible employees and Executive Directors of Glomac and its subsidiaries, excluding subsidiaries which are dormant, who fulfill the criteria for eligibility, which will be stipulated in the by-laws governing the Proposed ESS.

Further details on the Proposed ESS are set out in the attachment below.

This announcement is dated 26 September 2013.



OLDTOWN - OLDTOWN - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameOLDTOWN BERHAD  
Stock Name OLDTOWN  
Date Announced26 Sept 2013  
CategoryListing Circular
Reference NoRN-130920-36866

LISTING'S CIRCULAR NO. L/Q : 68867 OF 2013


    Final Dividend of 3 sen per share under the single tier system for the financial period ended 31 March 2013.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 9 October 2013 ]

    2) The last date of lodgement : [ 11 October 2013 ]

    3) Date Payable : [ 30 October 2013 ]


TUNEINS - OTHERS TUNE INS HOLDINGS BERHAD ("TIH" or "the Company") Striking off of a dormant subsidiary company

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced26 Sept 2013  
CategoryGeneral Announcement
Reference NoCM-130926-68226

TypeAnnouncement
SubjectOTHERS
DescriptionTUNE INS HOLDINGS BERHAD ("TIH" or "the Company")
Striking off of a dormant subsidiary company

The Board of Directors of TIH wishes to announce that following the application made to the Companies Commission of Malaysia ("CCM") for voluntary striking off of Capital OCA Berhad ("Capital OCA"), a dormant wholly-owned subsidiary of Tune Insurance Malaysia Berhad, in turn a subsidiary company of TIH, CCM had vide its letter dated 10th September 2013 ("Letter") advised that if an answer showing cause to the contrary is not received within one month from the date of the Letter a notice will be published in the Gazette with a view to striking the name of Capital OCA off the register under Section 308 (1) of the Companies Act, 1965.

The Letter was received on 25th September 2013.

Further announcement will be made when there is further development.

This announcement is dated 26th September 2013.



OCTAGON - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced26 Sept 2013  
CategoryGeneral Announcement
Reference NoOC-130926-61550

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionAPPOINTMENT OF RECEIVER AND MANAGER OF ADVANCED PYROTECH SDN BHD ("APT"), A WHOLLY-OWNED SUBSIDIARY OF OCTAGON CONSOLIDATED BERHAD (“OCTAGON” OR “THE COMPANY”)

The Board of Directors (“Board”) of Octagon wishes to announce that APT, a wholly-owned subsidiary of Octagon, has on 26 September 2013, received a Notice pursuant to Section 188(1) of the Companies Act, 1965 on the Appointment of Receiver and Manager (“R&M”) (“Notice”). Pursuant to the Notice dated 26 September 2013, Kuwait Finance House (Malaysia) Berhad (“KFH”) has appointed Tee Guan Pian as the R&M of the property of APT pursuant to the powers contained in the debenture dated 9 March 2007 created by APT in the favour of KFH for facilities granted by KFH.

The full text of the announcement is enclosed herewith for further information. 

  

This announcement is dated 26 September 2013.

Attachments

Ann Octagon -260913.pdf
133 KB



ENGKAH - ENGKAH - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameENG KAH CORPORATION BERHAD  
Stock Name ENGKAH  
Date Announced26 Sept 2013  
CategoryListing Circular
Reference NoRN-130925-33663

LISTING'S CIRCULAR NO. L/Q : 68864 OF 2013


    Single-Tier Second Interim Dividend of 5 sen per ordinary share.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 4 October 2013 ]

    2) The last date of lodgement : [ 8 October 2013 ]

    3) Date Payable : [ 31 October 2013 ]


CENBOND - CENBOND - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameCENTURY BOND BHD  
Stock Name CENBOND  
Date Announced26 Sept 2013  
CategoryListing Circular
Reference NoRN-130925-33611

LISTING'S CIRCULAR NO. L/Q : 68863 OF 2013


    Final Dividend of 1.0 sen less 25% tax and tax exempt dividend of 2.0 sen per ordinary share in respect of the financial year ended 31 March 2013.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 8 October 2013 ]

    2) The last date of lodgement : [ 10 October 2013 ]

    3) Date Payable : [ 22 October 2013 ]


KEINHIN - KEINHIN - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameKEIN HING INTERNATIONAL BERHAD  
Stock Name KEINHIN  
Date Announced26 Sept 2013  
CategoryListing Circular
Reference NoRN-130925-33850

LISTING'S CIRCULAR NO. L/Q : 68866 OF 2013


    First and Final Tax-Exempt Dividend of 2%.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 21 October 2013 ]

    2) The last date of lodgement : [ 23 October 2013 ]

    3) Date Payable : [ 20 November 2013 ]


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

Announcement Type: General Announcement
Company NameSIGNATURE INTERNATIONAL BERHAD  
Stock Name SIGN  
Date Announced26 Sept 2013  
CategoryGeneral Announcement
Reference NoCC-130926-58202

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")
We refer to the announcement dated 23 September 2013 in relation to the Acquisition.
The Board of Directors of SIGN wishes to further announce the following:-

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 on the negotiated price offered and after taking into consideration the current selling prices of the neighbouring properties transacted.


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.

      AraGreens Residences is located in the township of Ara Damansara, which is centrally-located between Subang Jaya, Petaling Jaya and Shah Alam. This location offers good connectivity to the city centre and other areas in Klang Valley via major highways such as the New Klang Valley Expressway (NKVE), Federal Highway, Lebuhraya Damansara-Puchong (LDP) and New Pantai Expressway (NPE).

      AraGreens Residences is situated within the proximity of Dataran Ara Damansara, Citta Mall and Sime Darby Property's Seri Pilmoor. The proposed LRT station in Ara Damansara is located near the NZX commercial centre and D'aman Crimson Condominium. The plot of land opposite Ara Damansara is the Saujana Golf & Country Club which runs along the Subang Airport Road. The Sultan Abdul Aziz Shah Airport in Subang is just a stone's throw away from AraGreens Residences.

      As such, the Board believes that the Properties have good prospects for rental yield and capital appreciation.


12. STATEMENT BY THE AUDIT COMMITTEE

      The Audit Committee of SIGN is satisfied that the terms of the Acquisition are:-

      (i) in the best interest of SIGN;

      (ii) fair, reasonable; and

      (iii) not detrimental to the interest of the minority shareholders.

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

13. TOTAL AMOUNT TRANSACTED WITH THE SAME RELATED PARTY FOR THE PRECEDING TWELVE (12) MONTHS

      Save for the Acquisition announced on 23 September 2013, there were no other transactions entered into with HSB Development for the preceding twelve (12) months.


This announcement is dated 26 September 2013.


YINSON - Quarterly rpt on consolidated results for the financial period ended 31/7/2013

Announcement Type: Financial Results
Company NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced26 Sept 2013  
CategoryFinancial Results
Reference NoYH-130924-54900

Financial Year End31/01/2014
Quarter2
Quarterly report for the financial period ended31/07/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/07/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/07/2013
31/07/2012
31/07/2013
31/07/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
227,350
235,768
455,646
499,920
2Profit/(loss) before tax
13,204
12,872
31,174
26,959
3Profit/(loss) for the period
11,164
10,684
27,190
21,702
4Profit/(loss) attributable to ordinary equity holders of the parent
10,251
9,847
25,656
20,543
5Basic earnings/(loss) per share (Subunit)
4.81
5.02
12.03
10.47
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 ($$)
1.6440
1.4040
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


1 comment:

  1. Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together.

    ReplyDelete