November 6, 2013

Company announcements: BERNAS, SYF, OCTAGON, YFG, SUPERLN, FRB, FRB-WA, JETSON

BERNAS - OTHERS PADIBERAS NASIONAL BERHAD (“BERNAS” OR “COMPANY”) PROPOSED VOLUNTARY WITHDRAWAL OF BERNAS FROM THE OFFICIAL LIST OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) PURSUANT TO PARAGRAPH 16.06 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA SECURITIES (“LISTING REQUIREMENTS”) (“PROPOSED DELISTING”)

Announcement Type: General Announcement
Company NamePADIBERAS NASIONAL BERHAD  
Stock Name BERNAS  
Date Announced6 Nov 2013  
CategoryGeneral Announcement
Reference NoPN-131106-63450

TypeAnnouncement
SubjectOTHERS
DescriptionPADIBERAS NASIONAL BERHAD (“BERNAS” OR “COMPANY”)

PROPOSED VOLUNTARY WITHDRAWAL OF BERNAS FROM THE OFFICIAL LIST OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) PURSUANT TO PARAGRAPH 16.06 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA SECURITIES (“LISTING REQUIREMENTS”) (“PROPOSED DELISTING”)

The Board of Directors of Bernas (“Board”) wishes to announce that Perspective Lane (M) Sdn Bhd (“PLSB”), Kelana Ventures Sdn Bhd (“KLSB”), Seaport Terminal (Johore) Sdn Bhd (“STSB”) and Acara Kreatif Sdn Bhd (“AKSB”) (collectively referred to as the “Joint Offerors”) had, vide its letter dated 6 November 2013, requested the Board to consider undertaking a voluntary withdrawal of its listing from the Official List of Bursa Securities pursuant to Paragraph 16.06 of the Listing Requirements (“Proposal Letter”).

Please refer to the attachment for further details.

This Announcement is dated 6 November 2013.



SYF - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameSYF RESOURCES BERHAD  
Stock Name SYF  
Date Announced6 Nov 2013  
CategoryGeneral Announcement
Reference NoCK-131106-57104

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company has received notification from Mr. Ng Ah Chai, the Director of SYF Resources Bhd in relation to the acquisition of the ordinary shares of RM0.25 each of the Company, details of which are set out in the table below:-


Date of Dealing

Number of Shares
acquired

Price per shares
(RM)

% of securities

4 November 2013

2,000,000

(direct deal)

0.600

0.73

6 November 2013

2,000,000

(direct deal)

0.600

0.73

Total issued and paid-up share capital is RM68,319,176.50 divided into 273,276,706 ordinary shares (including 820,000 treasury shares) of RM0.25 each.




SYF - Changes in Director's Interest (S135) - Ng Ah Chai

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSYF RESOURCES BERHAD  
Stock Name SYF  
Date Announced6 Nov 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-131106-57912

Information Compiled By KLSE

Particulars of Director

NameNg Ah Chai
Address11, Jalan Puncak Perdana 1
Perdana Heights
43200 Kajang
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.25 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
04/11/2013
2,000,000
0.600 
Acquired
06/11/2013
2,000,000
0.600 

Circumstances by reason of which change has occurredDirect Deal
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)76,721,900 
Direct (%)28.16 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice06/11/2013


SYF - 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 NameSYF RESOURCES BERHAD  
Stock Name SYF  
Date Announced6 Nov 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-131106-58709

Particulars of substantial Securities Holder

NameNg Ah Chai
Address11, Jalan Puncak Perdana 1
Perdana Heights
43200 Kajang
Selangor Darul Ehsan
NRIC/Passport No/Company No.620703-10-5077
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.25 each
Name & address of registered holderAlliancegroup Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Ng Ah Chai (8103749)
3rd Floor, Menara Multi-Purpose
Capital Square
No. 8, Jalan Munshi Abdullah
50100 Kuala Lumpur

RHB Capital Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Ng Ah Chai
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/11/2013
2,000,000
0.600 
Acquired06/11/2013
2,000,000
0.600 

Circumstances by reason of which change has occurredDirect Deal
Nature of interestDirect
Direct (units)76,721,900 
Direct (%)28.16 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change76,721,900
Date of notice06/11/2013


OCTAGON - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced6 Nov 2013  
CategoryGeneral Announcement
Reference NoOC-131106-57534

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionLETTER OF DEMAND BY NV BINA SDN BHD (“NVB”), A FORMER SUB-CONTRACTOR OF THE PLANT OF ADVANCED PYROTECH SDN BHD (“APT”), A SUBSIDIARY OF OCTAGON CONSOLIDATED BERHAD (“OCTAGON”) AGAINST APT

Reference is made to the announcements dated 2 April 2012, 4 April 2012 and 26 June 2012. The Board of Directors of Octagon wishes to announce that APT, a wholly-owned subsidiary of Octagon, has on 1 November 2013 received a Letter of Demand (“LOD”) dated 25 October 2013 served by the solicitors of NVB, demanding for payment amounting to a sum of RM717,500.00, comprised the defaulted installment of RM540,000.00 and recoverable discounted amount of RM177,500.00.


The reason leading to the LOD was due to the delay by APT in the repayment of the defaulted installment due on 1 October 2013 since the appointment of Receiver and Manager ("R&M") on APT by Kuwait Finance House (Malaysia) Berhad on 26 September 2013.


APT is given three (3) weeks from the receipt of the LOD to pay the aforesaid sum, failing which, further actions that deemed necessary may be taken against APT.


Should the LOD be crystallized, APT may suffer a potential loss of recoverable discounted amount of RM177,500.00, whereas the defaulted sum of RM540,000.00 has been accounted for in the audited accounts for the financial year ended 31 October 2012.


APT is waiting for advice from the R&M on their decision of the aforesaid LOD since they are the Administrators of APT now. Further announcement on the material development of the above matter will be made in due course.

 

This announcement is dated 6 November 2013. 


YFG - YFG BERHAD (FORMERLY KNOWN AS PJI HOLDINGS BERHAD) ("YFG") DISPOSAL OF 100% EQUITY INTEREST IN OPRAH SETIA SDN BHD FOR RM4.8 MILLION

Announcement Type: General Announcement
Company NameYFG BERHAD  
Stock Name YFG  
Date Announced6 Nov 2013  
CategoryGeneral Announcement
Reference NoCC-131104-55518

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-131101-43077
SubjectYFG BERHAD (FORMERLY KNOWN AS PJI HOLDINGS BERHAD) ("YFG")
DISPOSAL OF 100% EQUITY INTEREST IN OPRAH SETIA SDN BHD FOR RM4.8 MILLION
DescriptionWe refer to your letter dated 4 November 2013 in respect of the subject matter and are pleased to furnish below the following additional information for public release:-

1) The valuation of the said Land was done on 21 October 2013. The market value of RM4.8 million appraised by the valuer is arrived by using the Comparison Approach to Value method.

2) The valuation report is available for inspection at the registered office of YFG at Unit No. 203, 2nd Floor, Block C, Damansara Intan, No. 1, Jalan SS20/27, 47400 Petaling Jaya, Selangor Darul Ehsan during normal office hours from Monday to Friday (except public holiday) for a period of three (3) months from the date of the announcement.

This announcment is dated 6 November 2013.
Query Letter Contents We refer to your announcement dated 31 October 2013 in respect of the
abovecaptioned matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-
1. The date and method of valuation of the said Land, and quantification of
the market value.
2. The time and place where the valuation report may be inspected.


Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully



TAN YEW ENG
Head, Issuers
Listing Division, Regulation

TYE/NMA

c.c:- General Manager & Head, Market Surveillance Department, Market
Supervision Buisness Group, Securities Commission (via fax)

 



SUPERLN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameSUPERLON HOLDINGS BERHAD  
Stock Name SUPERLN  
Date Announced6 Nov 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-131106-62099

Date of buy back06/11/2013
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)20,000
Minimum price paid for each share purchased ($$)0.470
Maximum price paid for each share purchased ($$)0.475
Total consideration paid ($$)9,569.85
Number of shares purchased retained in treasury (units)20,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)284,079
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 (%)0.3551


FRB - Changes in Sub. S-hldr's Int. (29B) - Dato' Thong Kok Khee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB  
Date Announced6 Nov 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoFR-131106-044B4

Particulars of substantial Securities Holder

NameDato' Thong Kok Khee
Address74 Jalan Setiakasih
Damansara Heights
50490 Kuala Lumpur
NRIC/Passport No/Company No.541211-08-5713
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 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)
Acquired04/11/2013
1,000,000
 

Circumstances by reason of which change has occurredAcquisition via direct business transaction by Insas Plaza Sdn Bhd. By virtue of his substantial interest in Insas Berhad, he is also deemed interested in the shares of its related corporations to the extent that Insas Berhad has an interest pursuant to Section 6A of the Companies Act, 1965.
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)1,000,000 
Indirect/deemed interest (%)0.26 
Total no of securities after change43,929,100
Date of notice06/11/2013

Remarks :
The breakdown of 43,929,100 ordinary shares of RM0.50 each (“Shares”) are as follows:
1) 38,349,100 Shares – direct interest held by Insas Plaza Sdn Bhd
2) 5,580,000 Shares – direct interest held by M & A Securities Sdn Bhd


FRB-WA - Changes in Director's Interest (S135) - Dato' Gan Nyap Liou @ Gan Nyap Liow

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFORMIS RESOURCES BERHAD  
Stock Name FRB-WA  
Date Announced6 Nov 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoFR-131106-B0A09

Information Compiled By KLSE

Particulars of Director

NameDato' Gan Nyap Liou @ Gan Nyap Liow
Address30 Lorong Kemaris 1
Bukit Bandaraya
Bangsar
59100 Kuala Lumpur
Descriptions(Class & nominal value)Warrants 2011/2016

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
04/11/2013
182,800
 

Circumstances by reason of which change has occurredAcquisition of Warrants 2011/2016.
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,382,800 
Direct (%)1.3 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice06/11/2013


JETSON - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameKUMPULAN JETSON BERHAD  
Stock Name JETSON  
Date Announced6 Nov 2013  
CategoryGeneral Announcement
Reference NoMI-131106-62725

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionKUMPULAN JETSON BERHAD (“JETSON” OR THE “COMPANY”)

• PROPOSED SHARE SPLIT
• PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
• PROPOSED AMENDMENT TO MEMORANDUM OF ASSOCIATION
• PROPOSED BONUS ISSUE OF WARRANTS

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

(a) proposed share split involving the subdivision of every one (1) existing ordinary share of RM1.00 each in Jetson (“Existing Share(s)”) into two (2) ordinary shares of RM0.50 each in Jetson (“Resultant Shares” or “Jetson Shares”) on an entitlement date to be determined later (“Proposed Share Split”);

(b) proposed increase in the authorised share capital of Jetson from RM100,000,000 comprising 100,000,000 Existing Shares to RM500,000,000 comprising 1,000,000,000 Resultant Shares (“Proposed Increase in Authorised Share Capital”);

(c) proposed amendment to the memorandum of association of Jetson (“Proposed Amendment to Memorandum of Association”); and

(d) proposed bonus issue of free warrants in Jetson (“Warrants”) on the basis of one (1) Warrant for every five (5) Resultant Shares held after the Proposed Share Split (“Proposed Bonus Issue of Warrants”).

Kindly refer to the attached document for the complete announcement.

This announcement is dated 6 November 2013.

Attachments

KJB - Proposals.pdf
184 KB



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