October 22, 2013

Company announcements: PUC, ABFMY1, HAPSENG, CRESNDO

PUC - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NamePUC FOUNDER (MSC) BERHAD (ACE Market) 
Stock Name PUC  
Date Announced22 Oct 2013  
CategoryPDF Submission
Reference NoMI-131022-37043

SubjectERRATA TO THE CIRCULAR TO SHAREHOLDERS DATED 18 OCTOBER 2013 IN RELATION TO:

PART A:

(I) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN RED MEDIA ASIA LTD COMPRISING A TOTAL OF 8,269,818 ORDINARY SHARES OF USD1.00 EACH FROM RESOURCE HOLDING MANAGEMENT LIMITED (FORMERLY KNOWN AS REDHOT MEDIA INTERNATIONAL LIMITED)(“RESOURCE HOLDING” OR THE “VENDOR”) FOR A TOTAL CONSIDERATION OF RM90.0 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 750.0 MILLION NEW ORDINARY SHARES OF RM0.10 EACH (“SHARES”) IN PUC FOUNDER (MSC) BERHAD (“PUCF”) AT AN ISSUE PRICE OF RM0.12 EACH (“PROPOSED ACQUISITION”);

(II) PROPOSED EXEMPTION UNDER PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 TO RESOURCE HOLDING AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING PUCF SHARES NOT ALREADY HELD BY IT UPON COMPLETION OF THE PROPOSED ACQUISITION (“PROPOSED EXEMPTION”);


(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PUCF; AND

(IV) PROPOSED AMENDMENT TO PUCF'S MEMORANDUM AND ARTICLES OF ASSOCIATION.

PART B:

INDEPENDENT ADVICE LETTER FROM TA SECURITIES HOLDINGS BERHAD TO THE SHAREHOLDERS OF PUCF IN RELATION TO THE PROPOSED EXEMPTION


ABFMY1 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameABF MALAYSIA BOND INDEX FUND  
Stock Name ABFMY1  
Date Announced22 Oct 2013  
CategoryGeneral Announcement
Reference NoAM-131022-9E076

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionABF Malaysia Bond Index Fund - Valuation Point as at 21-10-2013

Fund: ABF Malaysia Bond Index Fund

NAV per unit (RM): 1.0871
Units in circulation (units): 647,421,800
Manager's Fee (% p.a.): 0.10
Trustee's Fee (% p.a.): 0.07
License Fee (% p.a.): 0.018
iBoxx ABF Malaysia Index: 1.4480
Issue Price (RM): 1.09
(rounded to nearest Sen)



HAPSENG - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameHAP SENG CONSOLIDATED BERHAD  
Stock Name HAPSENG  
Date Announced22 Oct 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoHS-131019-D4B25

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 proposalExercise of Warrants
No. of shares issued under this corporate proposal149,700
Issue price per share ($$)MYR 1.650
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units2,186,726,749
CurrencyMYR 2,186,726,749.000
Listing Date23/10/2013


CRESNDO - CRESNDO-CONVERSION OF 3.75% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCK 2009/2016 ("CONVERSION")

Announcement Type: Listing Circular
Company NameCRESCENDO CORPORATION BERHAD  
Stock Name CRESNDO  
Date Announced22 Oct 2013  
CategoryListing Circular
Reference NoNE-131021-61909

LISTING'S CIRCULAR NO. L/Q : 69008 OF 2013

Kindly be advised that CRESNDO's additional 5,000 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 23 October 2013.

As the said ordinary shares arising from the Conversion of ICULS will not be entitled to the interim single tier dividend of 7% in respect of the financial year ending 31 January 2014, there will be two (2) separate quotations from that date as follows:-

(i) existing ordinary shares of the CRESNDO will be quoted as “CRESNDO”.

(ii) the 5,000 new ordinary shares will be quoted as “CRESNDO-OA”.

The stock number and ISIN Code of the "CRESNDO-OA" shares are "6718OA" and "MYL6718OA009” respectively.

Kindly be advised that CRESNDO has announced on 27 September 2013 the entitlement date for the Company’s interim single tier dividend of 7% in respect of the financial year ending 31 January 2014.

As such, the "CRESNDO-OA" shares will cease to be quoted with effect from 9.00 a.m., Wednesday, 30 October 2013, and will merge with the existing "CRESNDO" shares as from that date.


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