October 28, 2013

Company announcements: TIMECOM, PRTASCO, MUDAJYA, AIRASIA, THPLANT, ALAM, MBL, HOHUP

TIMECOM - 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 NameTIME DOTCOM BERHAD  
Stock Name TIMECOM  
Date Announced28 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTD-131028-29C8B

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 RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
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)
Disposed23/10/2013
50,000
 

Circumstances by reason of which change has occurredDisposal of shares in open market
Nature of interestDirect interest
Direct (units)29,840,600 
Direct (%)5.21 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change29,840,600
Date of notice24/10/2013

Remarks :
Form 29B was received by the Company on 28 October 2013.


PRTASCO - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePROTASCO BERHAD  
Stock Name PRTASCO  
Date Announced28 Oct 2013  
CategoryGeneral Announcement
Reference NoCA-131028-62493

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPROTASCO BERHAD
- STRIKING OUT APPLICATION FOR BOTH SUITS AGAINST HCM ENGINEERING SDN BHD (“HCM”), A SUBSIDIARY COMPANY, IN THE
SUIT NO. 22-1558-2010 Menuju Asas Sdn Bhd -v- HCM Engineering Sdn Bhd AND
SUIT NO. 22-1559-2010 Menuju Asas Sdn Bhd, Mohd Redzuan Mohanan Abdullah (T/A Menuju Asas Enterprise), Mohd Redzuan Mohanan Abdullah -v- HCM Engineering Sdn Bhd

Protasco Berhad wishes to update that a new case management date has been fixed on 25.11.2013. A date for parties to file in their written submission and a date for hearing of the striking out application will also be fixed by the Court during the next case management on 25.11.2013.



MUDAJYA - OTHERS Mudajaya Power International Sdn. Bhd. Share Purchase Agreement and Shareholders' Agreement in relation to Amihan Energy Corporation

Announcement Type: General Announcement
Company NameMUDAJAYA GROUP BERHAD  
Stock Name MUDAJYA  
Date Announced28 Oct 2013  
CategoryGeneral Announcement
Reference NoMG-131028-51097

TypeAnnouncement
SubjectOTHERS
DescriptionMudajaya Power International Sdn. Bhd.
Share Purchase Agreement and Shareholders' Agreement in relation to Amihan Energy Corporation

The Board of Directors of Mudajaya is pleased to announce that Mudajaya Power International Sdn. Bhd. ("MPI"), a wholly-owned subsidiary of Mudajaya Corporation Berhad (“MCB”), which in turn is a wholly-owned subsidiary of the Company, has on 26 October 2013 entered into a Share Purchase Agreement with Windelsey Inc to acquire 4,000 shares of capital stock of Php100.00 each in Amihan Energy Corporation (“AEC”), for a cash consideration of Php26,400,000.00 (Philippine Peso Twenty Six Million Four Hundred Thousand Only) (equivalent to RM1.9 million) (“the Acquisition”).

The Acquisition resulted in AEC becoming a 40% owned associate of MPI. The balance 60% share capital in AEC is held by Windelsey Inc and Visayan Wind Energy Holdings Corporation respectively with the shareholding of 30% each.

AEC was incorporated on 19 May 2009. Currently, AEC has an authorised share capital of Php1,000,000.00 comprising 10,000 shares of Php100.00 each with the issued and paid-up share capital of Php1,000,000.00 comprising 10,000 shares of Php100.00 each.

AEC is a corporation duly organized and existing under the laws of the Republic of the Philippines, the primary purpose of which is to maintain, operate, establish and manage energy power plants and structures for the supply of electricity and other utilities either by water, wind, sunlight and other natural means and resources.

On 30 October 2012, AEC entered into a Wind Energy Service Contract with the Republic of the Philippines through the Department of Energy (“DOE”) whereby AEC is given the exclusive right for 25 years from the contract date to explore, develop and utilize the wind energy resources within a designated contract area of Eighteen Thousand Two Hundred Twenty Five (18,225) hectares situated in the province of Cebu, Philippines (“the Project”).

MPI has also on 26 October 2013 entered into a Shareholders’ Agreement with Windelsey Inc and Visayan Wind Energy Holdings Corporation to jointly undertake a wind energy project involving the development of up to 200MW Wind Energy Farm in the above-mentioned designated contract area through AEC in phases over the next 5 years with an initial development of up to 50MW.

Pursuant to the Shareholders’ Agreement, the offshore portion of the Equipment Procurement Works and the Operation and Maintenance Contract in relation to the project shall be awarded to a nominee corporation of MPI based on the terms and conditions to be agreed upon.

This Acquisition is not subject to any approval from the shareholders of the Company.

This Acquisition is not expected to contribute to the earnings and net assets of the Group in the current year but is expected to contribute positively towards the earnings and net assets of the Group for the future financial years.

None of the Directors or major shareholders of Mudajaya or persons connected to them has any interest, direct or indirect, in the Acquisition.


This announcement is dated 28 October 2013.



AIRASIA - 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 NameAIRASIA BERHAD  
Stock Name AIRASIA  
Date Announced28 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-131028-23F1E

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 RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
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)
Disposed23/10/2013
74,100
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect and Indirect
Direct (units)237,834,700 
Direct (%)8.55 
Indirect/deemed interest (units)23,129,400 
Indirect/deemed interest (%)0.83 
Total no of securities after change260,964,100
Date of notice24/10/2013

Remarks :
Direct Interest:-
1. Employees Provident Fund Board - 237,834,700
Indirect Interest:-
1. Employees Provident Fund Board (HDBS) - 7,651,500
2. Employees Provident Fund Board (RHB INV) - 2,500,000
3. Employees Provident Fund Board (AM INV) - 5,349,200
4. Employees Provident Fund Board (ALLIANCE) - 4,100,000
5. Employees Provident Fund Board (ARIM) - 1,600,000
6. Employees Provident Fund Board (TEMPLETON) - 1,928,700

This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of EMPLOYEES PROVIDENT FUND BOARD dated 24/10/2013 received by the registered office of AirAsia Berhad on 28/10/2013.


AIRASIA - Changes in Sub. S-hldr's Int. (29B) - WELLINGTON MANAGEMENT COMPANY, LLP

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAIRASIA BERHAD  
Stock Name AIRASIA  
Date Announced28 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-131028-23F10

Particulars of substantial Securities Holder

NameWELLINGTON MANAGEMENT COMPANY, LLP
Address280 CONGRESS STREET, BOSTON, MA 02210, U.S.A.
NRIC/Passport No/Company No.N/A
Nationality/Country of incorporationMASSACHUSETTS, U.S.A.
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holder1. Cartaban Nominees (Asing) Sdn. Bhd. - 95,923,564
2. Citigroup Nominees (Asing) Sdn. Bhd. - 4,275,655
3. HSBC Nominees (Asing) Sdn. Bhd. - 57,472,974
4. JP Morgan Chase Bank N.A. - 20,624,512
5. Master Trust Bank of Japan Ltd. - 8,051,300
6. Mellon Bank, N.A. - 30,531,043
7. RBC Dexia Investor Services - 17,257,085
8. Danske Bank A/S - 1,192,600
9. Skandinaviska Enskilda Banken AB - 3,326,960

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired21/10/2013
1,307,300
 
Acquired22/10/2013
40,922
 
Acquired23/10/2013
148,100
 

Circumstances by reason of which change has occurredAcquisitions of Shares
Nature of interestDirect
Direct (units)238,655,693 
Direct (%)8.58 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change238,655,693
Date of notice25/10/2013

Remarks :
Wellington Management Company, LLP is registered as an investment advisor with the United States Securities and Exchange Commission under Section 203 of the Investment Advisors Act of 1940, as amended and acts as discretionary investment manager on behalf of various separate accounts.

This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder dated 25/10/2013 of Wellington Management Company, LLP received by the registered office of AirAsia Berhad on 25/10/2013.


THPLANT - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT  
Date Announced28 Oct 2013  
CategoryGeneral Announcement
Reference NoTP-131028-264DB

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionLITIGATION CASE AGAINST THP SARIBAS SDN. BHD. (“SARIBAS” OR “THE COMPANY”) A SUBSIDIARY OF TH PLANTATIONS BERHAD.

KUCHING SUIT NO. 21-2-2010-II
NYAWAI ANAK GUANG & 2 OTHERS V SARIBAS, THE SUPERINTENDENT OF LANDS AND SURVEYS BETONG DIVISION AND THE STATE GOVERNMENT OF SARAWAK (“NYAWAI CASE”)
We refer to our announcements dated 14 September 2012, 19 September 2012, 12 October 2012, 12 December 2012, 23 January 2013, 6 February 2013, 21 February 2013, 1 March 2013, 6 March 2013, 5 April 2013, 23 April 2013 and 4 July 2013 in relation to the Nyawai Case.
We wish to update that the Counsel for the plaintiffs had on 28 October 2013 made an oral application to withdraw the Nyawai Case with liberty to file afresh.

Accordingly, the Court had allowed the application and ordered that the Nyawai Case be struck out with liberty for the plaintiffs to file afresh.

This announcement is dated 28 October 2013.


ALAM - OTHERS PROVISION OF ONE (1) UNIT STRAIGHT SUPPLY VESSEL

Announcement Type: General Announcement
Company NameALAM MARITIM RESOURCES BERHAD  
Stock Name ALAM  
Date Announced28 Oct 2013  
CategoryGeneral Announcement
Reference NoAM-131028-1FD33

TypeAnnouncement
SubjectOTHERS
DescriptionPROVISION OF ONE (1) UNIT STRAIGHT SUPPLY VESSEL

INTRODUCTION

The Board of Directors of Alam Maritim Resources Berhad ("AMRB" or "the Company") is pleased to announce that its wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd, has recently been awarded a contract for the provision of one unit straight supply vessel for an established oil and gas company (the "Contract").

DETAILS OF THE CONTRACT

The value of the Contract is approximately RM37.9 million (value inclusive of the optional periods, if exercise by client). The Contract is for a firm period of three years with an extension option for another one year.

RISKS ASSOCIATED WITH THE CONTRACT

The risks associated with the Contract are mainly operational risks such as accidents and unexpected breakdown of vessels. In mitigating such risks, the Company has developed a programmed maintenance schedule which stringently adheres to the International Safety Management (ISM) Standards in maintaining performance and seaworthiness of all vessels.

FINANCIAL EFFECTS

The Contract is expected to contribute positively to the earnings and net assets of AMRB for the financial year ending 31 December 2013 up to 2017. Notwithstanding this, the Contract is not expected to have any material effects on the share capital and shareholding structure of the Company.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the Contract.

DIRECTORS' STATEMENT

The Board of Directors of is of the opinion that the acceptance of the Contract is in the best interest of the Company.


This announcement is dated 28 October 2013.

 

 

 



MBL - First Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameMUAR BAN LEE GROUP BERHAD  
Stock Name MBL  
Date Announced28 Oct 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoMB-131028-50681

EX-date12/11/2013
Entitlement date14/11/2013
Entitlement time05:00:00 PM
Entitlement subjectFirst Interim Dividend
Entitlement descriptionFirst interim single tier dividend of 4 sen per share in respect of the financial year ended 31 December 2013
Period of interest payment to
Financial Year End31/12/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noPlantation Agencies Sdn Berhad
3rd Floor,
Standard Chartered Bank Chambers,
Lebuh Pantai,
10300 Pulau Pinang.
Tel No. 04-262 5333
Payment date 28/11/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers14/11/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.04


HOHUP - Changes in Sub. S-hldr's Int. (29B) - Insas Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHO HUP CONSTRUCTION COMPANY BHD  
Stock Name HOHUP  
Date Announced28 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-131028-32042

Particulars of substantial Securities Holder

NameInsas Berhad
AddressNo. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
NRIC/Passport No/Company No.4081-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderInsas Plaza Sdn. Bhd.
No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired25/10/2013
116,300
 

Circumstances by reason of which change has occurredAcquisition of shares through open market by Insas Plaza Sdn. Bhd.
Nature of interestIndirect Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)9,985,200 
Indirect/deemed interest (%)9.79 
Total no of securities after change9,985,200
Date of notice28/10/2013


HOHUP - Changes in Sub. S-hldr's Int. (29B) - Insas Plaza Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHO HUP CONSTRUCTION COMPANY BHD  
Stock Name HOHUP  
Date Announced28 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-131028-32043

Particulars of substantial Securities Holder

NameInsas Plaza Sdn. Bhd.
AddressNo. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
NRIC/Passport No/Company No.150118-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderInsas Plaza Sdn. Bhd.
No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired25/10/2013
116,300
 

Circumstances by reason of which change has occurredAcquisition of shares through open market.
Nature of interestDirect Interest
Direct (units)5,985,200 
Direct (%)5.87 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change5,985,200
Date of notice28/10/2013


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