November 14, 2013

Company announcements: HEXAGON, HARNLEN, LCHEONG-WA, BHIC, EKOVEST, FRB-WA, MAXTRAL, RCECAP, KKB

HEXAGON - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameHEXAGON HOLDINGS BHD  
Stock Name HEXAGON  
Date Announced14 Nov 2013  
CategoryGeneral Announcement
Reference NoCM-131114-51245

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionHEXAGON HOLDINGS BERHAD ("HHB")

- Monthly announcement on the status of default in payment pursuant to Practice Note No. 1/2001 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("PN1")

In compliance with paragraph 3.2 of PN1 and further to the announcements made on 17 December 2012, 18 December 2012, 16 January 2013, 6 February 2013, 12 March 2013, 8 April 2013, 15 May 2013, 12 June 2013, 15 July 2013, 16 August 2013, 13 September 2013, and 14 October 2013, the Board of Directors of Hexagon Holdings Berhad (“HHB” or “the Company”) wishes to announce that:-

1. Corporate Debt Restructuring Committee (“CDRC”) has organised the 3rd meeting with HHB former subsidiaries, Polymer Composite Asia Sdn Bhd (“PCA”) and Hexagon Distributors Sdn Bhd’s (“HDSB”) lenders to deliberate the Proposed Debt Restructuring Scheme (“PRS”) on 1 November 2013.

2. PCA and HDSB with advice from CDRC, are currently reviewing comments given by all lenders after the meeting on 1 November 2013, and will respond to these comments in due course.

Save for the above, there is no other material development as of today.

This announcement is dated 14 November 2013.



HARNLEN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced14 Nov 2013  
CategoryGeneral Announcement
Reference NoCU-131113-1E585

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHARN LEN CORPORATION BHD (HLC)
HIGH COURT SUIT NO. SRA-21-2/12-2011 BETWEEN IRAN ANAK GEMONG, JUNTIK ANAK JAMPONG AND BANGGA ANAK REGIH AND HARN LEN PELITA BENGUNAN SDN. BHD., A 60% OWNED SUBSIDIARY OF HLC
We refer to the announcements made on 11 July 2011, 14 July 2011, 28 February 2012, 18 May 2012, 2 November 2012, 23 April 2013, 8 October 2013 and 28 October 2013 respectively.
The Court has brought forward the Mention which was orginally scheduled on 14 November 2013 to 12 November 2013 for new trial dates to be fixed. The Court has fixed the matter for trial from the 17 March 2014 to 21 March 2014 at 9.00 a.m. before High Court II.

This announcement is dated 14 November 2013.


LCHEONG-WA - Expiry/Maturity of the securities

Announcement Type: Expiry / Maturity / Termination of Securities
Company NameLEN CHEONG HOLDING BERHAD  
Stock Name LCHEONG-WA  
Date Announced14 Nov 2013  
CategoryExpiry / Maturity / Termination of Securities
Reference NoCC-131114-27AFD

Type of SecuritiesWarrants
Type of ExpiryExpiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion PriceCash
Exercise/Strike/Conversion PriceMYR 1.0000
Exercise/ Conversion Ratio1:1
Settlement Type/ Convertible intoPhysical (Shares)
Last Date & Time for Trading27/11/2013 05:00 PM
Date & Time of Suspension 28/11/2013 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c06/12/2013 04:00 PM
Date & Time of Expiry13/12/2013 05:00 PM
Date & Time of Delisting 16/12/2013 09:00 AM


BHIC - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameBOUSTEAD HEAVY INDUSTRIES CORPORATION BHD  
Stock Name BHIC  
Date Announced14 Nov 2013  
CategoryGeneral Announcement
Reference NoBH-131114-62194

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionUPDATE ON MEMORANDUM OF UNDERSTANDING ("MoU") BETWEEN BOUSTEAD PENANG SHIPYARD SDN. BHD. AND MIGHT-METEOR ADVANCED MANUFACTURING SDN. BHD.

Further to the announcement made on 7 August 2013, the Company wishes to announce that the co-operation and collaboration between Boustead Penang Shipyard Sdn. Bhd., a wholly-owned subsidiary of the Company and Might-Meteor Advanced Manufacturing Sdn. Bhd. on the Technical Specialist Specific Domain Expertise (TeSSDE) programmes is still on-going.


This announcement is dated 14 November 2013.


EKOVEST - OTHERS EKOVEST BERHAD (“EKOVEST” OR “COMPANY”) PROPOSED IMPLEMENTATION OF THE EXTENSION TO THE DUTA-ULU KELANG EXPRESSWAY PURSUANT TO THE SUPPLEMENTAL CONCESSION AGREEMENT ENTERED INTO BETWEEN KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD AND THE GOVERNMENT OF MALAYSIA (“PROPOSED DUKE PHASE-2”)

Announcement Type: General Announcement
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced14 Nov 2013  
CategoryGeneral Announcement
Reference NoEE-131114-60398

TypeAnnouncement
SubjectOTHERS
DescriptionEKOVEST BERHAD (“EKOVEST” OR “COMPANY”)

PROPOSED IMPLEMENTATION OF THE EXTENSION TO THE DUTA-ULU KELANG EXPRESSWAY PURSUANT TO THE SUPPLEMENTAL CONCESSION AGREEMENT ENTERED INTO BETWEEN KONSORTIUM LEBUHRAYA UTARA-TIMUR (KL) SDN BHD AND THE GOVERNMENT OF MALAYSIA (“PROPOSED DUKE PHASE-2”)

(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the circular to the shareholders of Ekovest dated 8 October 2013)

We refer to the circular to the shareholders of Ekovest dated 28 October 2013 and the announcement dated 7 December 2012 in relation to the abovementioned.

We are pleased to announce that Kesturi had, on 14 November 2013, received a letter from the Government for the fulfilment of the conditions precedent as stipulated in the SCA dated 3 December 2012. As such, the effective date of the SCA is as at 14 November 2013.

This announcement is dated 14 November 2013.



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 Announced14 Nov 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoFR-131114-A494E

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
13/11/2013
50,000
 

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)2,181,800 
Direct (%)2.05 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice14/11/2013


MAXTRAL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMAXTRAL INDUSTRY BERHAD  
Stock Name MAXTRAL  
Date Announced14 Nov 2013  
CategoryChange in Boardroom
Reference NoCC-131114-55982

Date of change12/11/2013
NameThong Nyuk Foo
Age36
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateNon Independent & Non Executive
QualificationsMr Thong graduated with a professional qualication Association of Chartered Certified Accountants in 2005.

Subsequently he was admitted as Members of Malaysian Institute of Accountants (MIA) in 2005. 
Working experience and occupation Mr Thong started his career with Tax Plus Services Sdn Bhd in its Accounts and Tax Department over the span of 6 years from 2000 to 2006. He joined Maxtral Industry Berhad as the Accountant until May 2012.

Presently he is the Accountant at Cooldec Industries Sdn Bhd. 
Directorship of public companies (if any)None 
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  


MAXTRAL - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameMAXTRAL INDUSTRY BERHAD  
Stock Name MAXTRAL  
Date Announced14 Nov 2013  
CategoryChange in Audit Committee
Reference NoCC-131114-60081

Date of change12/11/2013
NameThong Nyuk Foo
Age36
NationalityMalaysian
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
QualificationsMr Thong graduated with a professional qualication Association of Chartered Certified Accountants in 2005.

Subsequently he was admitted as Members of Malaysian Institute of Accountants (MIA) in 2005. 
Working experience and occupation Mr Thong started his career with Tax Plus Services Sdn Bhd in its Accounts and Tax Department over the span of 6 years from 2000 to 2006. He joined Maxtral Industry Berhad as the Accountant until May 2012.

Presently he is the Accountant at Cooldec Industries Sdn Bhd. 
Directorship of public companies (if any)None  
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  
Composition of Audit Committee (Name and Directorate of members after change)Yap Kai Weng (Member)
Sandra Liz Hon Ai Ling (Member)
Thong Nyuk Foo (Memer)


RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced14 Nov 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-131114-3E3F0

Date of buy back14/11/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)130,000
Minimum price paid for each share purchased ($$)0.275
Maximum price paid for each share purchased ($$)0.275
Total consideration paid ($$)36,011.23
Number of shares purchased retained in treasury (units)130,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)5,980,500
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 (%)0.51


KKB - Changes in Director's Interest (S135) - Dato Kho Kak Beng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameKKB ENGINEERING BERHAD  
Stock Name KKB  
Date Announced14 Nov 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-131114-BFBB9

Information Compiled By KLSE

Particulars of Director

NameDato Kho Kak Beng
AddressNo. 14, Jalan Three Hills Park, Off Jalan Pending, 93300 Kuching, Sarawak
Descriptions(Class & nominal value)Ordinary shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
11/11/2013
3,000
2.790 

Circumstances by reason of which change has occurredAcquisition of shares by his child, Kho Poh Joo
Nature of interestIndirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)4,742,480 
Direct (%)1.84 
Indirect/deemed interest (units)103,846,700 
Indirect/deemed interest (%)40.28 
Date of notice14/11/2013

Remarks :
(i) 4,742,480 shares are registered in the name of Dato Kho Kak Beng.

(ii) Deemed interested by virtue of:
(a) 103,380,720 shares held by Kho Kak Beng Holding Company Sdn. Bhd. in which Dato Kho Kak Beng has substantial interest.
(b) Shares held by his spouse, Datin Liew Moi Fah (296,000 shares) and his child, Kho Poh Joo (169,980 shares)


No comments:

Post a Comment