October 18, 2013

Company announcements: ZELAN, YNHPROP, IJM, BAT, SIME, TM

ZELAN - OTHERS DISPOSAL OF 4,080,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD

Announcement Type: General Announcement
Company NameZELAN BERHAD  
Stock Name ZELAN  
Date Announced18 Oct 2013  
CategoryGeneral Announcement
Reference NoZZ-131018-47595

TypeAnnouncement
SubjectOTHERS
DescriptionDISPOSAL OF 4,080,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD

ZELAN BERHAD (“ZB” or the “Company”)

 

DISPOSAL OF 4,080,000 ORDINARY SHARES OF RM1.00 EACH IN IJM CORPORATION BERHAD

 

1.0 INTRODUCTION


The Shareholders of the Company, at the Extraordinary General Meeting held on 30 September 2013, had approved the proposed disposal of 56,671,000 ordinary shares in IJM Corporation Berhad ("IJM"). Pursuant to Paragraph 10.06 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), ZB wishes to announce that it had, on 17 October 2013 disposed of 4,080,000 ordinary shares of RM1.00 each in IJM, whereby the disposal of 3,590,700 ordinary shares were made via a Direct Business Transaction, while 489,300 ordinary shares via an open market (the "Sale Shares") at an average disposal price of RM5.83 per share for a total consideration of RM23,744,185.68 (the “Disposal”).

 

2.0 DETAILS OF THE DISPOSAL

2.1 Information on IJM

 

IJM, a public listed company listed on the Main Board of Bursa Malaysia is principally involved in the construction, property development, manufacturing and quarrying, infrastructure concessions and plantations. IJM has an authorised capital of RM3,000,000,000.00 and a paid-up capital of RM1,407,600,377.00.

 

2.2 Information on the Sale Shares

 

The Sale Shares comprise of 4,080,000 ordinary shares of RM1.00 each representing approximately 0.2898% of the total issued and paid-up capital of IJM.

 

2.3 The cash consideration of RM23,744,185.68 for the Sale Shares was derived on “willing buyer-willing seller” basis.

 

2.4 There are no liabilities to be assumed by the purchaser arising from the Disposal.

 

3.0 RATIONALE OF THE DISPOSAL

 

The rationale of the disposal is to realise funds from the sales proceeds to pay bank borrowings and the derivative financial liability incidental to the repayment of the bank borrowings.

 

4.0 ORIGINAL COST OF INVESTMENT AND UTILISATION OF PROCEEDS

 

The original cost of investment of the Sale Shares was approximately RM4.14 per share at Group level and RM3.50 per share at Company level. As at 30 September 2013, the book value of the Sale Shares was approximately RM5.78 per share at Group level.

 

The sale proceeds will be utilised to pay bank borrowings and the derivative financial liability incidental to the repayment of the bank borrowings.

 

5.0 COMPLETION DATE

 

The Disposal was completed on 17 October 2013.


6.0 FINANCIAL EFFECTS

 

The Disposal will not have any material financial implication and effect to the net assets per share and has no effect on the share capital and substantial shareholders’ shareholding of the Company. The proceeds will be primarily used to pay bank borrowings and thus would improve the Company’s gearing position. The gain on the Disposal at Group level was approximately RM6.8 million while at the Company level was approximately RM9.5 million and this would contribute positively to the Company's earnings per share.

 

7.0 APPROVALS REQUIRED

 

The approval to dispose the Sale Shares was obtained as part of the shareholders' mandate for the disposal up to 56,671,000 ordinary shares of RM1.00 each in IJM, which was approved on 30 September 2013.

 

8.0 DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTERESTS

 

None of the Directors and/or Substantial Shareholders of the Company or persons connected to them has any interest, direct or indirect, in the Disposal.

 

9.0 PERCENTAGE RATIO

The highest percentage ratio applicable to the transaction pursuant to paragraph 10.02 (g) of the MMLR is 16.7%. On aggregate, the highest percentage ratio applicable to the transaction pursuant to paragraph 10.02 (g) of the MMLR is 109.2%.
 


The summary of the disposals of IJM shares, was as follows:

 

Date of announcement

No. of IJM shares

Remarks

25 June 2013

2,800,000

-

25 June 2013

800,400

-

1 July 2013

3,692,000

-

16 July 2013

1,336,600

-

Subtotal

8,629,000

Disposals did not require shareholders' approval

8 October 2013

4,031,000


10 October 2013

3,185,000

 

11 October 2013

3,680,000

 

14 October 2013

2,608,000

 

This announcement

4,080,000

 

Subtotal

17,584,000


Grand Total

26,213,000

 

 

10.0 STATEMENT BY BOARD OF DIRECTORS

The Board of Directors of ZB, after due consideration of all aspects of the Disposal, are of the opinion that the Disposal is in the best interest of ZB.

 

This announcement is dated 18 October 2013.



YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC and its subsidiaries

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-131018-58310

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC and its subsidiaries
Address10 Queen's Terrace, Aberdeen, AB10 1YG, Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holder1) Aberdeen Asset Management Asia Limited
21 Church Street #01-01 Capital Square Two Singapore 049480

2) Aberdeen Asset Management Inc.
103 Springer Building, 3411 Silverside Road, Wilmington, Delaware 19810 USA

3) Aberdeen Asset Management Sdn Bhd
Suite 1005, 10th Floor, Wisma Hamzah-Kwong Hing,
No. 1, Leboh Ampang 50100 Kuala Lumpur

4) Aberdeen Islamic Asset Management Sdn Bhd
Suite 1005, 10th Floor, Wisma Hamzah-Kwong Hing,
No. 1, Leboh Ampang 50100 Kuala Lumpur

5) Aberdeen International Fund Managers Limited
Rm 2605-06, 26/F Alexandra House 18 Chater Road, Central, Hongkong

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others11/10/2013
0
 

Description of other type of transactionChanges in shareholdings due to change in shares outstanding.
Circumstances by reason of which change has occurredChanges in shareholdings due to change in shares outstanding.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)64,491,741 
Indirect/deemed interest (%)15.31 
Total no of securities after change64,491,741
Date of notice14/10/2013

Remarks :
Received notice dated 14 October 2013 from Aberdeen Asset Management PLC and its subsidiaries on 18 October 2013.

This announcement is dated 18 October 2013.


YNHPROP - 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 NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-131018-59211

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 shares 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)
Others11/10/2013
0
 

Description of other type of transactionChanges in shareholdings due to change in shares outstanding.
Circumstances by reason of which change has occurredChanges in shareholdings due to change in shares outstanding.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)25,215,087 
Indirect/deemed interest (%)5.99 
Total no of securities after change25,215,087
Date of notice14/10/2013

Remarks :
Received notice dated 14 October 2013 from Aberdeen International Fund Managers Limited on 18 October 2013.

This announcement is dated 18 October 2013.


YNHPROP - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management Asia Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-131018-59404

Particulars of substantial Securities Holder

NameAberdeen Asset Management Asia Limited
Address21 Church Street #01-01 Capital Square Two Singapore 049480
NRIC/Passport No/Company No.199105448E
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holder1) BNP Paribas Securities Services

2) BNP Paribas Trust Services Singapore Limited

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired11/10/2013
330,000
 
Disposed11/10/2013
330,000
 

Circumstances by reason of which change has occurred1) An investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.

2) An investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)44,404,929 
Indirect/deemed interest (%)10.54 
Total no of securities after change44,404,929
Date of notice14/10/2013

Remarks :
Received notice dated 14 October 2013 from Aberdeen Asset Management Asia Limited on 18 October 2013.

This announcement is dated 18 October 2013.


IJM - 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 NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-131018-5CC3C

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.Not Applicable
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 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)
Disposed14/10/2013
103,900
 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Direct (units)142,113,789 
Direct (%)10.093 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change142,113,789
Date of notice18/10/2013

Remarks :
Re : Form 29B dated 16 October 2013.


IJM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced18 Oct 2013  
CategoryGeneral Announcement
Reference NoIC-131018-BEBDC

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionThe following Director has given notice of his intention to deal in the securities of the Company during the closed period and his current holdings of the securities is as follows:-

Name of Director/Description of Securities

Holdings of Securities

Direct (Units)

Direct (%)

Indirect/Deemed Interest (Units)

Indirect/
Deemed Interest (%)

Dato' Teh Kean Ming

Ordinary Shares

84,000

0.006%

91,000

0.006%

Warrants 2009/2014

39,300

0.054%

39,800

0.055%

This announcement is also available for reference at www.ijm.com.



BAT - 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 NameBRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD  
Stock Name BAT  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBA-131018-51930

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
Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang, 50450 Kuala Lumpur

Employees Provident Fund Board
Tingkat 19, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Aberdeen)
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)
Acquired14/10/2013
1,300
 

Circumstances by reason of which change has occurredAcquisition of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Nature of interestDirect
Direct (units)16,203,902 
Direct (%)5.675 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change16,203,902
Date of notice16/10/2013

Remarks :
The notice was received by the Company on 18th October 2013.


BAT - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD  
Stock Name BAT  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBA-131018-55140

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc. ("MUFG")
Address7-1, Marunouchi 2-Chome
Chiyoda-ku, Tokyo
100-8330 Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holder1. Aberdeen Asset Management PLC ("Aberdeen") and its Subsidiaries
10 Queen's Terrace, Aberdeen, AB10 1YG, Scotland

2. Mitsubishi UFJ Asset Management Co. Ltd. ("MUAM")
4-5, Marunouchi 1-Chome, Chiyoda-ku, Tokyo, 100-8212, Japan

3. Mitsubishi UFJ Trust and Banking Corporation ("MUTB")
4-5, Marunouchi 1-Chome, Chiyoda-ku, Tokyo, 100-8212, Japan

4. World Prosper Limited
36/F Dah Sing Financial Centre, 108 Gloucester Rd, Hong Kong

5. Morgan Stanley Investment Management Inc.
1585 Broadway, New York, NY 10036

6. Morgan Stanley & Co. International plc
25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom

7. Fundlogic SAS
61 rue de Monceau, Paris 75008, France

8. AMP Capital Holdings Limited ("AMP") and its Subsidiaries
Level 24 AMP Sydney Cove Building 33 Alfred Street Sydney, NSW 2000, Australia

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed14/10/2013
200
 

Circumstances by reason of which change has occurredDisposal of shares by Morgan Stanley Group.

MUFG is deemed interested in the shares by virtue of:

1. MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust and Banking Corp,holding more than 15% interest in Aberdeen.


2. Mitsubishi UFJ Asset Management Co. Ltd., being MUFG's wholly owned subsidiary.

3. Mitsubishi UFJ Trust & Banking Corp, being MUFG's wholly owned subsidiary.

4. MUFG holding more than 15% interest in shares of Dah Sing Financial Holdings Limited which holds 100% shares in World Prosper Limited.

5-7. MUFG holding more than 15% interest in shares of Morgan Stanley Group.

8. MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding 15% interest in AMP.
Nature of interestIndirect.
Direct (units)15,682,583 
Direct (%)5.4924 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change15,682,583
Date of notice17/10/2013

Remarks :
The notice was received by the Company on 18th October 2013.


SIME - 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 NameSIME DARBY BERHAD  
Stock Name SIME  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSD-131018-41CDB

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 holderPlease refer to "Remarks" below

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired14/10/2013
1,458,000
 
Acquired14/10/2013
145,000
 

Circumstances by reason of which change has occurredCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
(Acquisition of 1,458,000 shares on 14 October 2013)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (MAYBAN)
(Acquisition of 145,000 shares on 14 October 2013)
Nature of interestShares held in own name and Citigroup Nominees (Tempatan) Sdn Bhd
Direct (units)782,918,953 
Direct (%)13.03 
Indirect/deemed interest (units)57,283,802 
Indirect/deemed interest (%)0.95 
Total no of securities after change840,202,755
Date of notice16/10/2013

Remarks :
1. Total no. of shares held after change are as follows:-

(a) Employees Provident Fund Board (1,500,000 shares)

(b) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (781,418,953 shares)

(c) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (HDBS) (11,527,000 shares)

(d) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AM INV) (8,415,900 shares)

(e) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (MAYBAN) (1,780,000 shares)

(f) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ALLIANCE) (2,950,000 shares)

(g) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA) (28,234,702 shares)

(h) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (PHEIM) (600,000 shares)

(i) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI) (1,380,900 shares)

(j) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM) (2,200,000 shares)

(k) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (TEMPLETON) (195,300 shares)

2. The notice of change in substantial shareholding was received from Citigroup Nominees (Tempatan) Sdn Bhd for and on behalf of Employees Provident Fund Board on 18 October 2013.


TM - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera (Amended Announcement)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTELEKOM MALAYSIA BERHAD  
Stock Name TM  
Date Announced18 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTM-131018-CB815

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala
Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Share of RM0.70 each
Name & address of registered holderAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera,
Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala
Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed14/10/2013
1,500,000
 

Circumstances by reason of which change has occurredDisposal of 1,500,000 shares by AmanahRaya Trustees Berhad.
Nature of interestDirect
Direct (units)514,391,700 
Direct (%)14.38 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change514,391,700
Date of notice14/10/2013

Remarks :
This is an amended announcement (Ref. No.:TM-131017-6FEB2) submitted to the Exchange on 17 October 2013. The "Total no of securities after change" should be read as "514,391,700" instead of "514,319,700".


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