September 24, 2013

Company announcements: PWROOT, HEXAGON, QUALITY, MTEAM, DAIBOCI, SPSETIA, BRAHIMS, UBB, FARMBES-WB

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

Announcement Type: General Announcement
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced24 Sept 2013  
CategoryGeneral Announcement
Reference NoMI-130924-57448

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionPOWER ROOT BERHAD (“POWER ROOT” OR THE “COMPANY”)

DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF POWER ROOT THE OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM0.20 EACH IN POWER ROOT (“DRP”)
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcements dated 29 April 2013, 23 May 2013, 3 June 2013, 7 June 2013, 12 June 2013, 29 July 2013, 6 August 2013, 17 September 2013 and 23 September 2013 in relation to the DRP.
We refer to the announcements dated 29 April 2013, 23 May 2013, 3 June 2013, 7 June 2013, 12 June 2013, 29 July 2013, 6 August 2013, 17 September 2013 and 23 September 2013 in relation to the above.

On behalf of the Board of Directors of Power Root, RHB Investment Bank Berhad is pleased to announce that the DRP applied to the final dividend of 4 sen per ordinary share for the financial year ended 28 February 2013 (as proposed on 29 April 2013 and subsequently approved by the shareholders of Power Root at the Annual General Meeting held on 29 July 2013) whereby 20% of the said final dividend can be elected to be reinvested in new ordinary shares of RM0.20 each in Power Root, has been completed following the listing of and quotation for 93,685 new ordinary shares of RM0.20 each in Power Root pursuant to the DRP (“New Share(s)”) today.

With the listing of the said New Shares, the enlarged issued and paid-up share capital of Power Root is RM60,168,137 comprising 300,840,685 ordinary shares of RM0.20 each in Power Root.

This announcement is dated 24 September 2013.


HEXAGON - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHEXAGON HOLDINGS BHD  
Stock Name HEXAGON  
Date Announced24 Sept 2013  
CategoryGeneral Announcement
Reference NoCM-130923-63148

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHEXAGON HOLDINGS BERHAD (“HHB” or “the Company”) Sealed copy of “Saman Pemula” by High Court of Seremban (“Court”)

Seremban High Court Originating Summons No. 24FC-49-09/2013

Further to the announcements made on 2 July 2013 and 23 August 2013, the Board of Directors of HHB wishes to announce that on 23 September 2013, a sealed copy of “Saman Pemula” dated 18 September 2013 had been served on Polymer Composite Asia Sdn Bhd ("PCA"), a wholly owned subsidiary company of Hexagon Tower Sdn Bhd (“HTSB”) (“In Liquidation) which was the wholly owned subsidiary company of HHB prior to its liquidation by Messrs Adnan Sundra & Low (“the Solicitor”) acting for Standard Chartered Bank Malaysia Berhad (“SCB”).

The High Court of Seremban (“Court”) has fixed the matter for hearing on 23 October 2013 at 9.00 a.m.

If and when the event crystallized and the potential proceeds is not enough to pay SCB, there might be potential liabilities which would have financial and operation impact to the Company.

Further announcement on the material development of the above matter will be made in due course.

This announcement is dated 24 September 2013.



QUALITY - Changes in Sub. S-hldr's Int. (29B) - Dato' Wee Song Ching

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameQUALITY CONCRETE HOLDINGS BERHAD  
Stock Name QUALITY  
Date Announced24 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-130924-E319B

Particulars of substantial Securities Holder

NameDato' Wee Song Ching
AddressNo. 248 Jalan Seladah 93350 Kuching Sarawak
NRIC/Passport No/Company No.570818-13-5767
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderAmSec Nominees (Tempatan) Sdn Bhd
Pledged Securities Account For Wee Song Ching

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired17/09/2013
142,800
 
Acquired18/09/2013
262,000
 
Acquired19/09/2013
67,000
 
Acquired23/09/2013
7,200
 

Circumstances by reason of which change has occurredAcquired from market
Nature of interestDirect
Direct (units)4,651,800 
Direct (%)8.0256 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change4,651,800
Date of notice24/09/2013


MTEAM - OTHERS MAJOR TEAM HOLDINGS BERHAD (“MTHB” OR “COMPANY”)

Announcement Type: General Announcement
Company NameMAJOR TEAM HOLDINGS BERHAD  
Stock Name MTEAM  
Date Announced24 Sept 2013  
CategoryGeneral Announcement
Reference NoCC-130924-58212

TypeAnnouncement
SubjectOTHERS
DescriptionMAJOR TEAM HOLDINGS BERHAD (“MTHB” OR “COMPANY”)
RECEIPT OF NOTICE OF TAKE-OVER OFFER (“EXIT OFFER”) FROM MADAM KONG SEE KUAN, EXCELLENT AVENUE (M) SDN BHD AND AMPLE POTENTIAL SDN BHD (COLLECTIVELY, “JOINT OFFERORS”)
This announcement is dated 24 September 2013.

We refer to the Company’s announcement dated 12 September 2013 in relation to the Exit Offer.

The Board of Directors of MTHB wishes to announce that TA Securities Holdings Berhad has been appointed as the independent adviser for the Exit Offer in place of SJ Securities Sdn Bhd (“SJ Securities”) as SJ Securities has informed the Company that SJ Securities does not fall under the eligibility criteria pursuant to Section 7(4) of the Malaysian Code on Take-Overs and Mergers 2010.


DAIBOCI - 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 NameDAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.  
Stock Name DAIBOCI  
Date Announced24 Sept 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoDP-130924-FB42B

Date of buy back from11/09/2013
Date of buy back to17/09/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)9,000
Minimum price paid for each share purchased ($$)3.300
Maximum price paid for each share purchased ($$)3.300
Total amount paid for shares purchased ($$)29,917.11
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)9,000
Total number of shares retained in treasury (units)647,200
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies24/09/2013
Lodged by Tan Gaik Hong


SPSETIA - 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 NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced24 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-130924-0DCFB

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 - RM0.75
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB)
Citigroup Nominees (Tempatan) Sdn Bhd (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/09/2013
576,600
 

Circumstances by reason of which change has occurredDisposal of equity in open market
Nature of interestDirect
Direct (units)140,375,230 
Direct (%)5.71 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change140,375,230
Date of notice20/09/2013

Remarks :
Form 29B received on 23/09/2013


BRAHIMS - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRAHIM'S HOLDINGS BERHAD  
Stock Name BRAHIMS  
Date Announced24 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-130924-44730

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak
Peti Surat No. 11025
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderLembaga Tabung Haji
201, Jalan Tun Razak
Peti Surat No. 11025
50732 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/09/2013
469,500
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect Interest
Direct (units)20,892,200 
Direct (%)9.73 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change20,892,200
Date of notice20/09/2013

Remarks :
The Form 29B was received by the Company on 24 September 2013


UBB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameUNITED BINTANG BERHAD  
Stock Name UBB  
Date Announced24 Sept 2013  
CategoryChange in Boardroom
Reference NoCQ-051229-4180

Date of change24/09/2013
NameMohtar Bin Abdullah
Age64
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsDiploma in Public Administration from Institut Tadbiran Awam Negara (Intan) and a Bachelor of Economics (Hons) Degree in Business Management from National University of Malaysia. 
Working experience and occupation En Mohtar served in Malaysian Civil Service as Assistant Trade Commissioner of Malaysia in Tokyo, Japan from 1981 to 1989. He assumed the post of Director of Investment, ASEAN Promotion Centre on Trade and Investment in Tokyo from 1991 to 1994. He was attached to MATRADE from 1994 to 2004 where he served as Consul and Trade Commissioner of Malaysia in Milan, Italy from 1994 to 2000 and subsequently based in Jeddah, Saudi Arabia until 2003. His last position in MATRADE was Director of Asia and Africa, Malaysian External Trade Development Corporation. 
Directorship of public companies (if any)Keladi Maju Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 

Remarks :
c.c. Securities Commission


UBB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameUNITED BINTANG BERHAD  
Stock Name UBB  
Date Announced24 Sept 2013  
CategoryChange in Boardroom
Reference NoCQ-130919-60827

Date of change24/09/2013
NameShahfie Bin Ahmad
Age44
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsBachelor of Business Administration from University Of Wales, United Kingdom. 
Working experience and occupation He had a career spanning over 20 years and started work for a US based Multinational Company. Currently, he is the Managing Director and founder of Chulia Facilities Management Sdn Bhd (CFMSB). He was also a founder of Sinetec Engineering Sdn Bhd in 1997. He acquired Chulia Engineering Sdn Bhd in 2004.

He joined venture with IDS International Pte Ltd and formed Chulia Biomedical Engineering Sdn Bhd in 2008.

He was elected as the Vice President of the Malaysian Professional Medical Device Association (MPMDA) in 2012.  
Directorship of public companies (if any)1. Biosis Group Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 

Remarks :
c.c. Securities Commission


FARMBES-WB - Changes in Sub. S-hldr's Int. (29B) - Fong Ngan Teng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameFARM'S BEST BERHAD  
Stock Name FARMBES-WB  
Date Announced24 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130923-59235

Particulars of substantial Securities Holder

NameFong Ngan Teng
AddressNo 70, Jalan Tun Fatimah
Durian Daun
75400 Melaka
NRIC/Passport No/Company No.580818-04-5509
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Warrants issued pursuant to Bonus Issue and Private Placement
Name & address of registered holderJF APEX Nominees (Tempatan) Sdn Bhd - PLEDGED SECURITIES ACCOUNT FOR F.C.H. Holdings Sdn Bhd
3rd Floor, Wisma APEX
145 A0C Jalan Bukit
43000 Kajang, Selangor Darul Ehsan

MERCSEC Nominees (Tempatan) Sdn Bhd - F.C.H. Holdings Sdn Bhd
3rd Floor, Wisma UMNO
Lorong Bagan Luar Dua
12000 Butterworth, Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/09/2013
830,000
0.195 

Circumstances by reason of which change has occurredDisposal of warrants in open market transaction by JF APEX Nominees (Tempatan) Sdn Bhd.
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)1,382,141 
Indirect/deemed interest (%)4.98 
Total no of securities after change1,382,141
Date of notice23/09/2013

Remarks :
The Form 29B was received on 23 September 2013.


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