FGV - OTHERS FELDA GLOBAL VENTURES HOLDINGS BERHAD (“FGVH”)PROPOSED ACQUISITION OF 70% EQUITY INTEREST IN CAMBRIDGE NANOSYSTEMS LIMITED (“CNL”) (“THE PROPOSAL”)
| Company Name | FELDA GLOBAL VENTURES HOLDINGS BERHAD |
| Stock Name | FGV |
| Date Announced | 17 Dec 2013 |
| Category | General Announcement |
| Reference No | FG-131217-F39E2 |
| Type | Announcement | ||||||||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||||||||
| Description | FELDA GLOBAL VENTURES HOLDINGS BERHAD (“FGVH”)PROPOSED ACQUISITION OF 70% EQUITY INTEREST IN CAMBRIDGE NANOSYSTEMS LIMITED (“CNL”) (“THE PROPOSAL”) | ||||||||||||||||||||||||||
1. INTRODUCTION Further to the announcement dated 31 October 2103 and pursuant to Paragraphs 9.19(23) and 10.05 of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements (“Listing Requirements”), FGVH wishes to announce that its wholly-owned subsidiary company, Felda Global Ventures Downstream Sdn Bhd (“FGVD”), has on 16 December 2013 entered into a Share Purchase Agreement (“SPA”) with the shareholders (“Vendors”) of CNL to acquire 70% equity interest in CNL to be satisfied by a total cash consideration of GBP 10 million (“Total Consideration”). 2. INFORMATION ON CNL CNL was incorporated on 21 August 2012 under the Companies Act 2006 United Kingdom Law. CNL was established to commercialise a new process of carbon nanotube synthesis. CNL aims to become leading supplier of high quality graphenel and Carbon Nanotubes via a novel and innovative method. The current shareholding structure of CNL are as follows:-
3. DETAILS OF THE CONSIDERATION The Total Consideration were arrived at on a willing-buyer willing-seller basis after taking into consideration CNL’s unaudited profit after taxation for the financial period ended (“FYE”) 31 October 2103 of GBP 58,244 as well as the expected future generated cash flow of CNL. The Total Consideration shall be satisfied in the following manner:
4. SALIENT TERMS OF THE SPA
4.1 The Vendors agrees to sell and FGVD
agrees to purchase the shares free from any encumbrances and with all
attached or accrued rights, benefits and entitlement as at the Completion Date.
4.2 FGVD shall pay the Vendors the balance GBP 9,999,996 upon CNL achieving the Technical Milestones as declared and verified by an independent third party whom shall be jointly appointed by FGVD and the Vendors. 5. RATIONALE
FOR THE PROPOSED ACQUISITION FGVD’s current
business focuses on the downstream activities related to palm oil. It is FGVH’s intention to increase the contribution
of downstream businesses towards FGVH’s overall revenue and profitability through
the application of technology and
innovative approaches in the usage of palm oil and palm oil waste. As
such, the proposed acquisition will enable FGVH to leverage on the strength,
capabilities and the expertise of CNL in the advance material industry and develop
high value non-food products based on
palm oil and palm oil waste. 6. EFFECTS OF THE PROPOSAL 6.1 Share capital and substantial shareholders’ shareholding The Proposal will not have any effect on the share capital and the substantial shareholders’ shareholdings of FGVH and FGVD.
The Proposal is not expected to have any material impact on the net assets of the Group.
The Proposal will be funded through FGVH’s internally generated funds.
7. THE
HIGHEST PERCENTAGE RATIO APPLICABLE TO THE PROPOSAL
8. LIABILITIES, INCLUDING
CONTINGENT LIABILITIES AND GUARANTEES TO BE ASSUMED | |||||||||||||||||||||||||||
TROP - Changes in Director's Interest (S135) - DATO' KHOO POH CHYE
| Company Name | TROPICANA CORPORATION BERHAD |
| Stock Name | TROP |
| Date Announced | 17 Dec 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | TC-131217-9F70C |
Information Compiled By KLSE
Particulars of Director
| Name | DATO' KHOO POH CHYE |
| Address | NO. 21, JALAN USJ 18/4A UEP SUBANG JAYA 47630 SUBANG JAYA SELANGOR DARUL EHSAN |
| Descriptions(Class & nominal value) | ORDINARY SHARES OF RM1.00 EACH |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Others | 300,000 |
| Description of other type of transaction | EXERCISE OF OPTIONS PURSUANT TO THE EMPLOYEE SHARE OPTION SCHEME ("ESOS") OF THE COMPANY. |
| Circumstances by reason of which change has occurred | EXERCISE OF OPTIONS PURSUANT TO THE ESOS OF THE COMPANY. |
| Nature of interest | DIRECT INTEREST. |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 880,000 |
| Direct (%) | 0.081 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 17/12/2013 |
| Remarks : |
| The Notice on Disclosure of Interests in Securities pursuant to Section 135 of the Companies Act, 1965 and Section 317 of the Capital Markets and Services Act, 2007 was received on 17 December 2013. This announcement is dated 17 December 2013. |
PARKSON - Notice of Shares Buy Back - Immediate Announcement
| Company Name | PARKSON HOLDINGS BERHAD |
| Stock Name | PARKSON |
| Date Announced | 17 Dec 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | PH-131217-98A79 |
PARKSON - Changes in Sub. S-hldr's Int. (29B) - GIC Private Limited
| Company Name | PARKSON HOLDINGS BERHAD |
| Stock Name | PARKSON |
| Date Announced | 17 Dec 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PH-131217-9FA37 |
Particulars of substantial Securities Holder
| Name | GIC Private Limited |
| Address | 168 Robinson Road, #37-01 Capital Tower, Singapore 068912 |
| NRIC/Passport No/Company No. | 2265/81 |
| Nationality/Country of incorporation | Singapore |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Cartaban Nominees (Asing) Sdn Bhd P.O.Box 13150 50732 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 12/12/2013 | 100,900 | |
| Disposed | 13/12/2013 | 90,800 | |
| Disposed | 16/12/2013 | 350,000 |
| Remarks : |
| GIC Private Limited was formerly known as Government of Singapore Investment Corporation Pte Ltd |
PARKSON - OTHERS Parkson Retail Group Limited - Next Day Disclosure Return (Share buybacks)
| Company Name | PARKSON HOLDINGS BERHAD |
| Stock Name | PARKSON |
| Date Announced | 17 Dec 2013 |
| Category | General Announcement |
| Reference No | PH-131217-B8B76 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Parkson Retail Group Limited - Next Day Disclosure Return (Share buybacks) |
We attach herewith the Next Day Disclosure Return (Share buybacks) submitted to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 17 December 2013 by Parkson Retail Group Limited (“PRGL”), a 51.59% owned subsidiary of the Company listed on The HKEx, following the repurchase by PRGL of 5,000,000 ordinary shares of HK$0.02 each made on The HKEx at the highest price paid of HK$2.44 and the lowest price paid of HK$2.34 on 17 December 2013. | |
MULTICO - Annual Report 2013
| Company Name | MULTI-CODE ELECTRONICS INDUSTRIES (M) BHD |
| Stock Name | MULTICO |
| Date Announced | 17 Dec 2013 |
| Category | Document Receipt |
| Reference No | JM-131217-64845 |
| Annual Report for Financial Year Ended | 31/07/2013 |
| Subject | Annual Report 2013 |
KOMARK - Quarterly rpt on consolidated results for the financial period ended 31/10/2013
| Company Name | KOMARKCORP BERHAD |
| Stock Name | KOMARK |
| Date Announced | 17 Dec 2013 |
| Category | Financial Results |
| Reference No | CC-131217-DB26C |
| Financial Year End | 30/04/2014 |
| Quarter | 2 |
| Quarterly report for the financial period ended | 31/10/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/10/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 38,919 | 33,809 | 72,397 | 67,349 |
| 2 | Profit/(loss) before tax | 689 | 648 | 1,300 | 953 |
| 3 | Profit/(loss) for the period | 392 | 266 | 803 | 399 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 392 | 266 | 803 | 399 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.48 | 0.33 | 0.99 | 0.50 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.4500 | 1.4400 | ||
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
BGYEAR - MATERIAL LITIGATION
| Company Name | BINA GOODYEAR BERHAD |
| Stock Name | BGYEAR |
| Date Announced | 17 Dec 2013 |
| Category | General Announcement |
| Reference No | CM-131217-44771 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | BINA GOODYEAR BERHAD (“BGB” or “the Company”) |
The Board of Directors of BGB would like to provide an update of the current status of the ongoing legal suits against the Company. A table summary is attached to this announcement. No further losses are expected to arise from the said legal suits as the amounts claimed have been fully provided in the accounts. Notwithstanding the provisions made in the accounts, the claims will be restructured pursuant to the regularisation plan being formulated for the Group, for which the requisite majority of the Scheme Creditors had approved a scheme of arrangement at a court convened meeting held on 2 April 2013. Hence, the Directors of the Company are of the opinion that the legal suits are not expected to have any financial or operational impact. Any material development in these legal suits will be announced by the Company from time to time. This announcement is dated 17 December 2013. | |
TIGER - MEMORANDUM OF UNDERSTANDING
| Company Name | TIGER SYNERGY BERHAD |
| Stock Name | TIGER |
| Date Announced | 17 Dec 2013 |
| Category | General Announcement |
| Reference No | CK-131217-3B10C |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | TIGER SYNERGY BERAHD (“TSB” or “the Company”) MEMORANDUM OF UNDERSTANDING BETWEEN MINPALM INTERNATIONAL TRADING COMPANY SDN BHD AND PERKAYUAN SENG LIANG (PAHANG) SDN BHD |
1. INTRODUCTION 1.1 The Board of Directors of TSB wishes to announce that Minpalm International Trading Company Sdn Bhd (Company No. 757150-K)(“MITC”) a wholly-owned subsidiary of the Company had on 17/12/2013 signed a Memorandum of Understanding (“MOU”) with Perkayuan Seng Liang (Pahang) Sdn Bhd (Co No. 88046-M) with its registered address at No. 13, TKT.1, TMN. K.S.M., Kuala Lipis, 27200 Pahang (“PSL”) for the Proposed Acquisition in respect of a timber concession in Hutan Simpan Tekai Tembeling, Mukim Hulu Tembeling, Daerah Jerantut, Pahang (“Proposed Acquisition”). ii) PSL and MITC wish to enter into a Memorandum of Understanding to set out the preliminary terms agreed between them, and which will form the basis for negotiation, with respect to the finalisation of the Proposed Acquisition.
(B) Obtain all regulatory or other approvals or consents required from government agencies or other third parties with respect to the extraction of timber and all activities in connection thereto, pursuant to the Concession. 2.2. Pursuant to the Proposed Acquisition, MITC shall purchase 50% of the concession from
and satisfactory due diligence and subject to contract. 3.1 This MOU shall be effective upon signing by the parties and shall remain effective for a period ending on the earlier to occur of : (A) the execution of the Definitive Agreements; (B) the date falling 3 months from the date hereof or otherwise extended by mutual agreement of the parties in writing ; and (C) the unanimous termination of this MOU by the parties as evidenced in writing. This Announcement is dated 17 December 2013 | |
LTKM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | LTKM BERHAD |
| Stock Name | LTKM |
| Date Announced | 17 Dec 2013 |
| Category | General Announcement |
| Reference No | CC-131217-F3A01 |
| Type | Announcement | |||||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||||||||
| Description | LTKM Berhad ("LTKM") - Principal Officer's Disclosure of Dealing in Securities pursuant to Paragraph 14.09 of the Listing Requirements. | |||||||||||||||||||||||||||
The following Principal Officer has given notice of his dealing in the securities of the Company:-
This notice was received on 17 December 2013. | ||||||||||||||||||||||||||||
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