September 9, 2013

Company announcements: IRCB, TANCO, AFG, INCKEN, HAPSENG, GENTING, ORIENT

IRCB - OTHERS INTEGRATED RUBBER CORPORATION BERHAD ("IRCB" OR "THE COMPANY") - Revision in Unutilised Proceeds Raised from the Rights Issue with Warrants

Announcement Type: General Announcement
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced9 Sept 2013  
CategoryGeneral Announcement
Reference NoCC-130909-57368

TypeAnnouncement
SubjectOTHERS
DescriptionINTEGRATED RUBBER CORPORATION BERHAD ("IRCB" OR "THE COMPANY")
- Revision in Unutilised Proceeds Raised from the Rights Issue with Warrants

We refer to the renounceable rights issue of 355,215,720 new ordinary shares of RM0.20 each in IRCB together with 236,810,480 free detachable new warrants which was completed on 24 December 2010 and our announcement dated 3 September 2013 in relation to the completion of the Debt Settlement with various financial institutions.

We wish to announce that the Board of Directors ("Board") of the Company had on 9 September 2013 proposed and approved the revision in unutilised proceeds from the Rigths Issue with Warrants.

Please refer to the attached file for the full text of the announcement.

This announcement is dated 9 September 2013.



IRCB - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced9 Sept 2013  
CategoryGeneral Announcement
Reference NoCC-130909-57629

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionINTEGRATED RUBBER CORPORATION BERHAD ("IRCB" OR "THE COMPANY")
- Writ of Summons - Ipoh Session Court Suit No.: A52NCC-55-08/2013

The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Comfort Rubber Gloves Industries Sdn Bhd ("CRG"), has been served with a Writ of Summons dated 2 September 2013 by Maxwell Kenion Cowdy & Jones as solicitors for Ceebee Chemicals Sdn Bhd ("the Plaintiff").

1. The date of the presentation of the Writ of Summons and the date of the Writ of Summons.

Writ of Summons dated 2 September 2013 was served on 9 September 2013.

2. The particulars of the claim under the Writ of Summons.

The Plaintiff's claims are as follows:

a) A sum of RM175,460.00 up to 26.03.2013;

b) Interest claimed at the rate of 1.5% per month on the sum of RM175,460.00 from 27.03.2013 till date of judgement;

c) Interest claimed at the rate of 5% per annum on the sum of RM175,460.00 from date of judgement till the date of full settlement;

d) cost; and

e) Other reliefs deem fit by the court.

3. The financial and operational impact of the Writ of Summons

The amount involved is not expected to have a significant impact on the financial and operation of IRCB Group.

4. The expected losses, if any, arising from the Writ of Summons

The expected losses, if any, will be up to the amount claimed.

5. The steps taken and proposed to be taken by the Company in respect of the Writ of Summons

The Company had engaged lawyers to look into the case.

This announcement is dated 9 September 2013.



TANCO - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameTANCO HOLDINGS BERHAD  
Stock Name TANCO  
Date Announced9 Sept 2013  
CategoryGeneral Announcement
Reference NoMM-130909-40641

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionTANCO HOLDINGS BERHAD (“TANCO OR “COMPANY”)

(I) PROPOSED PAR VALUE REDUCTION;
(II) PROPOSED M&A AMENDMENTS;
(III) PROPOSED RIGHTS ISSUE OF ICULS; AND
(IV) PROPOSED SIS

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

On behalf of the Board of Directors of Tanco, Public Investment Bank Berhad wishes to announce that the Company is proposing to undertake the following:

(i) proposed reduction of the issued and paid-up share capital of the Company pursuant to Section 64(1) of the Companies Act, 1965, involving the cancellation of RM0.80 of the par value of each existing ordinary share of RM1.00 each in Tanco (“Tanco Share(s)” or “Share(s)”) (“Proposed Par Value Reduction”);

(ii) proposed amendments to the Memorandum and Articles of Association of the Company to facilitate the Proposed Par Value Reduction and the Proposed SIS (as defined herein) (“Proposed M&A Amendments”);

(iii) proposed renounceable rights issue of up to RM33,488,672 nominal value of three (3)-year, 3%, irredeemable convertible unsecured loan stock at 100% of its nominal value of RM0.10 each (“Rights ICULS”) on the basis of RM0.10 nominal value of Rights ICULS for every one (1) Tanco Share held after the Proposed Par Value Reduction, based on a minimum subscription level of RM15,000,000 nominal value of Rights ICULS on an entitlement date to be determined and announced later (“Proposed Rights Issue of ICULS”); and

(iv) proposed establishment of a share issuance scheme of up to fifteen percent (15%) of the prevailing issued and paid-up share capital of the Company (excluding treasury shares) for the eligible employees and directors of the Company and its subsidiaries, who fulfil the eligibility criteria as set out in Section 2.4.2 of the announcement (“Proposed SIS”).

Collectively the Proposed Par Value Reduction, the Proposed M&A Amendments, the Proposed Rights Issue of ICULS and the Proposed SIS shall hereinafter be referred to as the “Proposals”.

Please refer to the attachment for the full text of the announcement pertaining to the Proposals.

This announcement is dated 9 September 2013.

Attachments

Tanco - Announcement.pdf
468 KB



AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced9 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAF-130906-72EF0

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)(Disposal of 164,100 shares)
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed03/09/2013
164,100
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect Interest
Direct (units)246,972,840 
Direct (%)15.95 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change246,972,840
Date of notice04/09/2013

Remarks :
The Form 29B dated 4 September 2013 was received on 6 September 2013.


AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced9 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAF-130906-72428

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Acquisition of 156,500 shares)
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2013
156,500
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect Interest
Direct (units)247,136,940 
Direct (%)15.96 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change247,136,940
Date of notice03/09/2013

Remarks :
The Form 29B dated 3 September 2013 was received on 5 September 2013.


AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced9 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAF-130909-BB344

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderi) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Acquisition of 1,609,900 shares)
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

ii) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)(Disposal of 396,900 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/09/2013
1,609,900
 
Disposed04/09/2013
396,900
 

Circumstances by reason of which change has occurredi) Acquired
ii) Disposed
Nature of interestDirect Interest
Direct (units)248,185,840 
Direct (%)16.03 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change248,185,840
Date of notice05/09/2013

Remarks :
The Form 29B dated 5 September 2013 was received on 9 September 2013.


INCKEN - Changes in Sub. S-hldr's Int. (29B) - NG AH CHAI

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINCH KENNETH KAJANG RUBBER PUBLIC LTD CO  
Stock Name INCKEN  
Date Announced9 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIK-130829-2EE97

Particulars of substantial Securities Holder

NameNG AH CHAI
AddressNO 1 BLOCK C
JALAN INDAH 2/6
TAMAN INDAH
BATU 11 CHERAS
43200 SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.620703-10-5077
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF 10 PENCE EACH
Name & address of registered holderCIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB BANK FOR NG AH CHAI (M73113)
LEVEL 10 MENARA BUMIPUTRA-COMMERCE
11 JALAN RAJA LAUT
50350 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2013
369,900
 
Acquired03/09/2013
695,500
 
Acquired04/09/2013
812,100
 
Acquired05/09/2013
424,100
 
Acquired06/09/2013
190,500
 

Circumstances by reason of which change has occurredPURCHASE FROM OPEN MARKET
Nature of interestDIRECT
Direct (units)2,492,100 
Direct (%)0.59 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change47,575,700
Date of notice09/09/2013


HAPSENG - Notice of Shares Buy Back - Immediate Announcement (Amended Announcement)

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAP SENG CONSOLIDATED BERHAD  
Stock Name HAPSENG  
Date Announced9 Sept 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoHS-130909-695CA

Date of buy back06/09/2013
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)4,539,400
Minimum price paid for each share purchased ($$)2.090
Maximum price paid for each share purchased ($$)2.130
Total consideration paid ($$)9,634,419.20
Number of shares purchased retained in treasury (units)4,539,400
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)190,176,400
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 (%)8.7

Remarks :
This announcement supersedes our earlier announcement on the same, dated 6 September 2013 where the total number of shares purchased (units) was incorrectly reported. The correct number is 4,539,400 and not 4,539,500. As a result, the total consideration paid is RM9,634,419.20 while the number of shares purchased retained in the treasury (units) is 4,539,400. The cumulative net outstanding treasury shares as to-date (units) is 190,176,400.

cc: Securities Comission


GENTING - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameGENTING BERHAD  
Stock Name GENTING  
Date Announced9 Sept 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoGG-130909-3744F

Date of buy back from02/09/2013
Date of buy back to02/09/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)50,000
Minimum price paid for each share purchased ($$)9.290
Maximum price paid for each share purchased ($$)9.300
Total amount paid for shares purchased ($$)466,483.68
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)50,000
Total number of shares retained in treasury (units)24,910,000
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies09/09/2013
Lodged by GENTING BERHAD


ORIENT - Changes in Sub. S-hldr's Int. (29B) - Aberdeen International Fund Managers Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameORIENTAL HOLDINGS BERHAD  
Stock Name ORIENT  
Date Announced9 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130909-88F1E

Particulars of substantial Securities Holder

NameAberdeen International Fund Managers Limited
AddressRm 2605-06, 26/F Alexandra House
18 Chater Road, Central, Hongkong
NRIC/Passport No/Company No.145551
Nationality/Country of incorporationHong Kong
Descriptions (Class & nominal value)Ordinary stocks of RM1.00 each
Name & address of registered holderBNP Paribas Securities Services

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed05/09/2013
125,000
 

Circumstances by reason of which change has occurreda) Disposal of shares

b) An investment position taken in connection with Aberdeen International Fund Managers Limited's ordinary business in fund management.
Nature of interestDirect interest
Direct (units)43,158,300 
Direct (%)6.96 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change43,158,300
Date of notice06/09/2013

Remarks :
This notice was received on 9 September 2013.


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